Civic Intelligence

Sutter Street Merchants Association

EIN 94-2660861 • 501(c)6 • Folsom, CA

Profile

Preservation of Historical Area

PO Box 515Folsom, CA 95763

www.historicfolsom.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

16th percentile

0.00x

Higher debt load relative to assets than 16% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

15th percentile

0.00x

Higher debt load relative to revenue than 15% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

70th percentile

12%

Higher net margin than 70% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

39th percentile

$98,100

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 7.4% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

88th percentile

27%

Faster asset growth than 88% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

36%

Faster revenue growth than 89% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$665,151

Up $142,917 (+27%) from 2023

Liabilities

Down

$1,519

Down $12,483 (-89%) from 2023

Net Assets

Up

$663,632

Up $155,400 (+31%) from 2023

Revenue

Up

$1,325,381

Up $348,267 (+36%) from 2023

Expenses

Up

$1,169,981

Up $195,546 (+20%) from 2023

Net Income

Up

$155,400

Up $152,721 (+5701%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2011: $47,766Liabilities 2011: $20,000Net Assets 2011: $27,7662011Assets 2012: $28,903Liabilities 2012: $10,000Net Assets 2012: $18,9032012Assets 2013: $5,460Liabilities 2013: $0Net Assets 2013: $5,4602013Assets 2014: $19,732Liabilities 2014: $0Net Assets 2014: $19,7322014Assets 2015: $29,074Liabilities 2015: $0Net Assets 2015: $29,0742015Assets 2016: $36,168Liabilities 2016: $2,007Net Assets 2016: $34,1612016Assets 2017: $51,865Liabilities 2017: $24,997Net Assets 2017: $26,8682017Assets 2018: $58,162Liabilities 2018: $13,440Net Assets 2018: $44,7222018Assets 2019: $135,598Liabilities 2019: $3,192Net Assets 2019: $132,4062019Assets 2020: $219,609Liabilities 2020: $6,268Net Assets 2020: $213,3412020Assets 2021: $231,207Liabilities 2021: $7,548Net Assets 2021: $223,6592021Assets 2022: $518,981Liabilities 2022: $13,493Net Assets 2022: $505,4882022Assets 2023: $522,234Liabilities 2023: $14,002Net Assets 2023: $508,2322023Assets 2024: $665,151Liabilities 2024: $1,519Net Assets 2024: $663,6322024

Highlighted filing

2024

Assets$665,151
Liabilities$1,519
Net Assets$663,632

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $237,577Expenses 2011: $185,029Net Income 2011: $52,5482011Revenue 2012: $242,402Expenses 2012: $251,265Net Income 2012: -$8,8632012Revenue 2013: $240,189Expenses 2013: $253,632Net Income 2013: -$13,4432013Revenue 2014: $262,599Expenses 2014: $248,327Net Income 2014: $14,2722014Revenue 2015: $273,512Expenses 2015: $264,170Net Income 2015: $9,3422015Revenue 2016: $250,784Expenses 2016: $245,697Net Income 2016: $5,0872016Revenue 2017: $284,562Expenses 2017: $291,855Net Income 2017: -$7,2932017Revenue 2018: $332,311Expenses 2018: $314,457Net Income 2018: $17,8542018Revenue 2019: $450,169Expenses 2019: $362,436Net Income 2019: $87,7332019Revenue 2020: $396,293Expenses 2020: $332,156Net Income 2020: $64,1372020Revenue 2021: $430,525Expenses 2021: $436,637Net Income 2021: -$6,1122021Revenue 2022: $1,017,525Expenses 2022: $735,696Net Income 2022: $281,8292022Revenue 2023: $977,114Expenses 2023: $974,435Net Income 2023: $2,6792023Revenue 2024: $1,325,381Expenses 2024: $1,169,981Net Income 2024: $155,4002024

Highlighted filing

2024

Revenue$1,325,381
Expenses$1,169,981
Net Income$155,400

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.66$1.33$1.17$0.16
2023Detailed filing. Detailed filing data is available for this year.$0.52$0.01$0.51$0.98$0.97$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.52$0.01$0.51$1.02$0.74$0.28
2021Detailed filing. Detailed filing data is available for this year.$0.23$0.01$0.22$0.43$0.44$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.22$0.01$0.21$0.40$0.33$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.13$0.45$0.36$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.06$0.01$0.04$0.33$0.31$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.05$0.02$0.03$0.28$0.29$0.01
2016Summary only. Only limited summary data is available for this year.$0.04$0.00$0.03$0.25$0.25$0.01
2015Summary only. Only limited summary data is available for this year.$0.03$0.00$0.03$0.27$0.26$0.01
2014Summary only. Only limited summary data is available for this year.$0.02$0.00$0.02$0.26$0.25$0.01
2013Summary only. Only limited summary data is available for this year.$0.01$0.00$0.01$0.24$0.25$0.01
2012Summary only. Only limited summary data is available for this year.$0.03$0.01$0.02$0.24$0.25$0.01
2011Summary only. Only limited summary data is available for this year.$0.05$0.02$0.03$0.24$0.19$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.1
Gross Receipts
$1,325,381
Mission and Program Overview

Mission

Preservation of Historical Area

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$508,232$663,632▲ $155,400
Cash and Non-Interest-Bearing Accounts$494,846$597,555▲ $102,709
Land, Buildings, and Equipment, Net$27,388$67,596▲ $40,208
Total Assets$522,234$665,151▲ $142,917
Liabilities
Accounts Payable and Accrued Expenses$14,002$1,519▼ $12,483
Total Liabilities$14,002$1,519▼ $12,483
Net Assets / Fund Balance
Total Net Assets Fund Balance$508,232$663,632▲ $155,400
Total Liabilities and Net Assets / Fund Balance$522,234$665,151▲ $142,917

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$42,812$67,907$110,719
Equipment$24,784$9,709$34,493
Land$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Judy CollinsworthExecutive DirectorFT$98,100$98,100

Board Members and Trustees

NameTitle
Karen HolmesPast President
Jim SnookPresident
Jeremy BernauVice President
Amber FeltsDirector
Christine BrainerdDirector
Jim MetzkerDirector
Kathy ColeDirector
Moe HiraniDirector
Rich VealeDirector
Suzanne CookDirector
Bobbi EddySecretary
Jeremy BernauTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$175,581
Investment Income
$84
Other Revenue
$1,149,716
Change in Net Assets
$155,400
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$856,037
Salaries, Compensation, and Employee Benefits$313,944
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$666,898$15,570$0$682,468
Other Salaries and Wages$189,299$0$0$189,299
Current Officers, Directors, Trustees, and Key Employees$35,860$62,240$0$98,100
Depreciation Depletion$76,602$0$0$76,602
Payroll Taxes$18,817$7,728$0$26,545
Information Technology$0$8,863$0$8,863
Advertising$8,074$0$0$8,074
Fees for Services Accounting$0$6,418$0$6,418
Office Expenses$0$6,368$0$6,368
Insurance$0$5,376$0$5,376
Other Expenses$0$2,197$0$2,197
Total Functional Expenses$1,025,550$144,431$0$1,169,981
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Sutter Street Merchants Association
EIN
94-2660861
Phone
9169857452
Address
PO BOX 515, Folsom, CA 95763

Signing Officer

Name
Jeremy G Bernau
Title
Treasurer
Phone
9169857452
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Snook
Formed
1961
Legal Domicile
CA
Voting Board Members
12
Independent Board Members
0
Employees
73
Volunteers
0

Preparer

Firm
Sides & Ferkovich Accountancy Corporation
Address
11211 Gold Country Blvd Ste 105, Gold River, CA 95670
Preparer
Greg C Westbrook
Phone
9166311730
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

Businesses and property owners located within Folsoms Historic District Commercial Area.

Pt VI, Line 7A

The Board is elected by members.

Pt VI, Line 11B

Reviewed by Board prior to filing.

Form 990, Part IX, Line 24E

Special Events 598998. 598998.

Form 990, Part IX, Line 24E

Payroll Fees 3792. 3792.

Form 990, Part IX, Line 24E

Bank Fees 114. 114.

Form 990, Part IX, Line 24E

Workers Comp Insurance 4159. 4159.

Form 990, Part IX, Line 24E

Donations 62257. 62257.

Form 990, Part IX, Line 24E

Licenses 66. 66.

Form 990, Part IX, Line 24E

Miscellaneous 3287. 3287.

Form 990, Part IX, Line 24E

Utilities 4152. 4152.

Form 990, Part IX, Line 24E

Maintenance 5643. 5643.

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IRS990/OtherExpensesGrp/ProgramServicesAmt230000
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt027162
IRS990/OtherExpensesGrp/TotalAmt12509
IRS990/OtherExpensesGrp/TotalAmt230000
IRS990/OtherExpensesGrp/TotalAmt32197
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Special Events
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01149716
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01149716
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt01149716
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0189299
IRS990/OtherSalariesAndWagesGrp/TotalAmt0189299
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07728
IRS990/PayrollTaxesGrp/ProgramServicesAmt018817
IRS990/PayrollTaxesGrp/TotalAmt026545
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Jim Snook
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PBID
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0174581
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgSrvcAccomActy2Grp/Desc0Maintenance expenses are for the upkeep of Sutter Street to ensure the area maintains its historic flavor.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt035643
IRS990/ProgSrvcAccomActy3Grp/Desc0Monies expended on special events which promote historic Folsom.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0981833
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt032363
IRS990/PYInvestmentIncomeAmt074
IRS990/PYOtherExpensesAmt0702222
IRS990/PYOtherRevenueAmt0777997
IRS990/PYProgramServiceRevenueAmt0166680
IRS990/PYRevenuesLessExpensesAmt02679
IRS990/PYSalariesCompEmpBnftPaidAmt0272213
IRS990/PYTotalExpensesAmt0974435
IRS990/PYTotalRevenueAmt0977114
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0155400
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0508232
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0663632
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt024784
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09709
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt034493
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt042812
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt067907
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0110719
IRS990ScheduleD/TotalBookValueLandBuildingsAmt067596
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Businesses and property owners located within Folsoms Historic District Commercial Area.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board is elected by members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Reviewed by Board prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Special Events 598998. 598998.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Payroll Fees 3792. 3792.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Bank Fees 114. 114.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Workers Comp Insurance 4159. 4159.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Donations 62257. 62257.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Licenses 66. 66.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Miscellaneous 3287. 3287.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Utilities 4152. 4152.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Maintenance 5643. 5643.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0522234
IRS990/TotalAssetsEOYAmt0665151
IRS990/TotalAssetsGrp/BOYAmt0522234
IRS990/TotalAssetsGrp/EOYAmt0665151
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt073
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0144431
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01025550
IRS990/TotalFunctionalExpensesGrp/TotalAmt01169981
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014002
IRS990/TotalLiabilitiesEOYAmt01519
IRS990/TotalLiabilitiesGrp/BOYAmt014002
IRS990/TotalLiabilitiesGrp/EOYAmt01519
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0508232
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0663632
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt01000
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt01025550
IRS990/TotalProgramServiceRevenueAmt0175581
IRS990/TotalReportableCompFromOrgAmt098100
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01325381
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01325381
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0522234
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0665151
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 515
IRS990/USAddress/CityNm0Folsom
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd095763
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0www.historicfolsom.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jeremy G Bernau
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum09169857452
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Sutter Street Merchants Association
ReturnHeader/Filer/BusinessNameControlTxt0SUTT
ReturnHeader/Filer/EIN0942660861
ReturnHeader/Filer/PhoneNum09169857452
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 515
ReturnHeader/Filer/USAddress/CityNm0Folsom
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095763

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