Klamath Falls Downtown Association
- Assets
- $96.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Klamath Falls, OR
- Founding
- 05/2015
- Data as of
- 12/2021
- EIN
- 26-3926266
Organization Overview
Klamath Falls Downtown Association is located in Klamath Falls, OR. The organization was established in 2015. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, 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. Klamath Falls Downtown Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Klamath Falls Downtown Association generated $130.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $115.8k during the year ending 12/2021. While expenses have increased by 9.0% per year over the past 5 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
DOWNTOWN PROMOTION, BEAUTIFICATION
Describe the Organization's Program Activity:
Part 3
ELEVATOR GRANT AND DOWNTOWN REVITALIZATION WAS ABLE TO BE COMPLETED, BENEFITTED THE ENTIRE DOWNTOWN AREA, ALL CITIZENS
LIGHTS AND BANNERS WERE INSTALLED, PIANO PROJECT FOR DOWNTOWN AREA WAS COMPLETED, THE GRANT FOR FACADE IMPROVEMENT WAS COMPLETED.
DOWNTOWN ASSOCIATION MAINTAINS HANGING AND GROUND FLOWER POTS TO BEAUTIFY THE DOWNTOWN AREA
ELEVATOR GRANT AND DOWNTOWN REVITALIZATION WAS ABLE TO BE COMPLETED, BENEFITTED THE ENTIRE DOWNTOWN AREA, ALL CITIZENS
LIGHTS AND BANNERS WERE INSTALLED, PIANO PROJECT FOR DOWNTOWN AREA WAS COMPLETED, THE GRANT FOR FACADE IMPROVEMENT WAS COMPLETED.
DOWNTOWN ASSOCIATION MAINTAINS HANGING AND GROUND FLOWER POTS TO BEAUTIFY THE DOWNTOWN AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darin Rutledge Executive Director | 40 | $48,000 | |
Nicholas Phair President | 10 | $0 | |
Jason Aarstad Treasurer | 10 | $0 | |
Jill Russel Vice President | 10 | $0 | |
Raena Rodgers Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $101,757 |
| Total Program Service Revenue | $0 |
| Membership dues | $28,500 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $130,262 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,000 |
| Professional fees and other payments to independent contractors | $2,150 |
| Occupancy, rent, utilities, and maintenance | $1,824 |
| Printing, publications, postage, and shipping | $125 |
| Other expenses | $63,724 |
| Total expenses | $115,823 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $96,230 |
| Other assets | $0 |
| Total assets | $96,930 |
| Total liabilities | $1,201 |
| Net assets or fund balances | $95,729 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Klamath Falls Downtown Association has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Accion Opportunity Fund Community Development San Jose, CA | $200,481,759 | $53,600,614 |
Mission Asset Fund San Francisco, CA | $54,523,090 | $57,826,731 |
Civic San Diego San Diego, CA | $12,596,747 | $8,835,597 |
Csac Finance Corporation Sacramento, CA | $22,360,310 | $12,934,423 |
Ampac Tri-State Cdc Inc Ontario, CA | $22,461,621 | $9,676,882 |
Southeast Idaho Council Of Governments Pocatello, ID | $3,930,475 | $5,896,264 |
Inclusive Action For The City Los Angeles, CA | $6,839,271 | $6,785,637 |
Genesis La Economic Growth Corporation Los Angeles, CA | $84,073,617 | $20,248,596 |
Economic Development Collaborative Ventura County Camarillo, CA | $6,956,185 | $3,790,106 |
Accessity San Diego, CA | $20,855,169 | $4,197,275 |
Polk Community Development Corporation Dallas, OR | $22,075,845 | $5,307,917 |
Sustainable Economic Enterprises Of Los Angeles Los Angeles, CA | $2,131,089 | $4,310,365 |