Redondo Pier Association is located in Redondo Beach, CA. The organization was established in 2015. 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. Redondo Pier 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 06/2023, Redondo Pier Association generated $96.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $80.8k during the year ending 06/2023. While expenses have increased by 4.6% per year over the past 6 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
TO SUPPORT, PROMOTE AND PROVIDE EDUCATION ABOUT FOR THE REDONDO PIER IN THE CITY OF REDONDO BEACH
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Resnick President | 0 | $0 | |
Daniel Lee Secretary | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,250 |
| Total Program Service Revenue | $0 |
| Membership dues | $95,102 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$40,889 |
| Other Revenue | $0 |
| Total Revenue | $96,463 |
| 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 | $5,019 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $75,804 |
| Total expenses | $80,823 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $103,081 |
| Other assets | $0 |
| Total assets | $108,269 |
| Total liabilities | $18,165 |
| Net assets or fund balances | $90,104 |