4th Street Business Improvement Association
- Assets
- $57.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Long Beach, CA
- Founding
- 12/2008
- Data as of
- 12/2023
- EIN
- 26-1381872
Organization Overview
4th Street Business Improvement Association is located in Long Beach, CA. The organization was established in 2008. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 4th Street Business Improvement Association 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 12/2023, 4th Street Business Improvement Association generated $199.9k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 28.2% each year . All expenses for the organization totaled $189.4k during the year ending 12/2023. While expenses have increased by 32.1% per year over the past 9 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
2023 BID ACCOMPLISHMENTS* FIVE TRASH RECEPTACLES MAINTAINED THREE TIMES PER WEEK* SWEEPING GUTTERS THREE TIMES PER WEEK* DAILY ENCAMPMENT CLEANUPS* HIRED FIRST BID EXECUTIVE DIRECTOR* SOCIAL MEDIA AS OF NOV 2023: INSTAGRAM FOLLOWERS TOTALED 47,146 WITH A REACH OF 162,740 IMPRESSIONS FACEBOOK FOLLOWERS TOTALED 14,107 WITH A REACH OF 10,379 IMPRESSIONS TIKTOK FOLLOWERS TOTALED 5,546 WITH A REACH OF 17,565 IMPRESSIONS* PRODUCED 4 PRINT AND 12 DIGITAL MEDIA MARKETING FLYERS* HOSTED 1 GENERAL BID MIXER, 10 FOURTH FRIDAY EVENING EVENTS, 1 HOLIDAY MARKET, FIRST VINYL RECORD FAIR* SPONSORSHIP OF THE DAYTIME EVENT NO PARKING ON THE DANCE FLOOR* SENT 12 (MONTHLY) MARKETING NEWSLETTERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Schaaf Treasurer | 0 | $0 | |
Luis Navarro Vice President | 0 | $0 | |
Kerstin Kansteiner Secretary | 0 | $0 | |
Brenda Rivera Director | 0 | $0 | |
May Salem Director | 0 | $0 | |
Ty Ward Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
| Total Program Service Revenue | $199,438 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $199,938 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $38,921 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $150,434 |
| Total expenses | $189,355 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,363 |
| Other assets | $0 |
| Total assets | $57,363 |
| Total liabilities | $0 |
| Net assets or fund balances | $57,363 |