Rochester Downtown Alliance
- Assets
- $1.0m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 4
- Location
- Rochester, MN
- Founding
- Data as of
- 12/2021
- EIN
- 20-2435646
Organization Overview
Rochester Downtown Alliance is located in Rochester, MN. As of 12/2021, Rochester Downtown Alliance employed 4 individuals. Rochester Downtown Alliance is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Rochester Downtown Alliance generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 10.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Rochester Downtown Alliance has awarded 49 individual grants totaling $580,347. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE, ENHANCE, AND PROMOTE A DOWNTOWN EXPERIENCE THAT IS WELCOMING, FUN, AND LIVABLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM AND CONDUCT COMMUNITY FESTIVALS AND EVENTS IN THE PEACE PLAZA AND OTHER DOWNTOWN STREETS FOR THE CITY OF ROCHESTER.
ADVOCATE FOR, SUPPORT AND FACILITATE COLLABORATION WITH DOWNTOWN ARTS ORGANIZATIONS. PROVIDE ARTS PROGRAMMING THAT CREATES VITALITY AND CONNECTS BUSINESSES WITH THE ARTS COMMUNITY FOR THE ENJOYMENT OF CITIZENS.
PROVIDE CLEANING, SAFETY, AND HOSPITALITY SERVICES, VIA UNIFORMED AMBASSADORS TO THE 44-BLOCK SPECIAL SERVICE DISTRICT (SSD).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Holly Masek Executive Director | Officer | 40 | $113,351 |
Naura Anderson Space And Place Chair | OfficerTrustee | 1 | $0 |
Kayla Shurson Treasurer/secretary | OfficerTrustee | 2 | $0 |
Shruthi Naik Chair | OfficerTrustee | 3 | $0 |
Angie Richards Activities/community Engagement Committee Chair | OfficerTrustee | 1 | $0 |
John Beatty Policy Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $379,119 |
| All other contributions, gifts, grants, and similar amounts not included above | $215,980 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $595,099 |
| Total Program Service Revenue | $822,988 |
| Investment income | $1,092 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,423,624 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $17,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $125,961 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $86,329 |
| Pension plan accruals and contributions | $2,701 |
| Other employee benefits | $10,673 |
| Payroll taxes | $24,023 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,582 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,016 |
| Advertising and promotion | $42,768 |
| Office expenses | $8,967 |
| Information technology | $13,323 |
| Royalties | $0 |
| Occupancy | $41,487 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,877 |
| Interest | $4,202 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,865 |
| Insurance | $5,003 |
| All other expenses | $863,631 |
| Total functional expenses | $1,318,908 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,159 |
| Savings and temporary cash investments | $651,334 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $313,237 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,903 |
| Net Land, buildings, and equipment | $39,187 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,047,820 |
| Accounts payable and accrued expenses | $68,643 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $97,475 |
| Other liabilities | $0 |
| Total liabilities | $166,118 |
| Net assets without donor restrictions | $523,633 |
| Net assets with donor restrictions | $358,069 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,047,820 |
Grants Awarded
Over the last fiscal year, Rochester Downtown Alliance has awarded $580,347 in support to 49 organizations.
| Grant Recipient | Amount |
|---|---|
CLOUD 9 SPA AND SALON LLC PURPOSE: PROVIDE DIRECT ECONOMIC RELIEF TO DOWNTOWN BUSINESSES IMPACTED BY COVID-19 AND CONSTRUCTION IN THE DOWNTOWN CORE. | $25,120 |
BDK LLC DBA BLEU DUCK KITCHEN PURPOSE: PROVIDE DIRECT ECONOMIC RELIEF TO DOWNTOWN BUSINESSES IMPACTED BY COVID-19 AND CONSTRUCTION IN THE DOWNTOWN CORE. | $21,553 |
CORTADO ENTERPRISES LLC DBA NELLIE'S ON THIRD PURPOSE: PROVIDE DIRECT ECONOMIC RELIEF TO DOWNTOWN BUSINESSES IMPACTED BY COVID-19 AND CONSTRUCTION IN THE DOWNTOWN CORE. | $21,007 |
GRN LLC DBA POTBELLY SANDWICH SHOP DOWNTOWN PURPOSE: PROVIDE DIRECT ECONOMIC RELIEF TO DOWNTOWN BUSINESSES IMPACTED BY COVID-19 AND CONSTRUCTION IN THE DOWNTOWN CORE. | $19,370 |
315 COFFEE SHOP LLC DBA CAFE STEAM PURPOSE: PROVIDE DIRECT ECONOMIC RELIEF TO DOWNTOWN BUSINESSES IMPACTED BY COVID-19 AND CONSTRUCTION IN THE DOWNTOWN CORE. | $18,120 |
CHESTER'S KITCHEN AND BAR LLC PURPOSE: PROVIDE DIRECT ECONOMIC RELIEF TO DOWNTOWN BUSINESSES IMPACTED BY COVID-19 AND CONSTRUCTION IN THE DOWNTOWN CORE. | $18,090 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rochester Downtown Alliance has recieved totaling $295,144.
| Awarding Organization | Amount |
|---|---|
Mayo Clinic Rochester, MN PURPOSE: SUPPORT EXEMPT PURPOSE | $295,144 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chinese American Service League Inc Chicago, IL | $15,835,299 | $20,315,146 |
Sholom Home East Inc St Paul, MN | $55,805,227 | $20,264,604 |
Dow Rummel Village Sioux Falls, SD | $76,421,386 | $18,523,416 |
Nebraska Student Loan Program Inc Lincoln, NE | $230,624,169 | $45,453,979 |
Botsford Continuing Care Corporation Southfield, MI | $28,554,348 | $16,692,642 |
American Association Of Orthopaedic Surgeons Of America Rosemont, IL | $21,165,468 | $24,653,127 |
Blackburn University Carlinville, IL | $69,417,787 | $20,572,819 |
Montgomery Place Chicago, IL | $31,885,880 | $16,111,662 |
Region 3b Area Agency On Aging Battle Creek, MI | $12,282,051 | $21,229,876 |
Southwest Counseling Solutions Inc Detroit, MI | $10,435,524 | $23,926,279 |
Human Resources Development Institute Inc Chicago, IL | $14,371,854 | $24,270,043 |
Duluth Regional Care Center Inc Duluth, MN | $17,149,445 | $20,614,667 |