Midtown Property And Business Owners Association
- Assets
- $111.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Long Beach, CA
- Founding
- Data as of
- 12/2023
- EIN
- 47-5096959
Organization Overview
Midtown Property And Business Owners Association is located in Long Beach, CA. Midtown Property And Business Owners 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, Midtown Property And Business Owners Association generated $162.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $64.4k during the year ending 12/2023. 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 Mission:
Part 3 - Line 1
TO ENHANCE THE MIDTOWN BUSINESS COMMUNITY BY INVESTING IN SAFETY, BEAUTIFICATION AND ECONOMIC DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3
CLEAN AND BEAUTIFUL PROGRAM: PROVIDE SERVICES TO THE ASSESSED PROPERTIES WITHIN THE DISTRICT BOUNDARIES TO KEEP THE AREA CLEAN AND BEAUTIFUL. THIS INCLUDES: SIDEWALK CLEANING AND GRAFFITI REMOVAL.
SAFE TEAM PROGRAM: PROVIDE SECURITY SERVICES FOR THE INDIVIDUAL ASSESSED PARCELS LOCATED WITHIN THE DISTRICT IN THE FORM OF PATROLS, AND WALKING PATROLS. THE SAFETY TEAM WILL DETER ILLEGAL ACTIVITIES IN THE DISTRICT AREA AND WILL SUPPLEMENT, NOT REPLACE, OTHER ONGOING POLICE, SECURITY, AND PATROL EFFORTS WITHIN THE DISTRICT.
MARKETING/COMMUNICATION: TO BRING INCREASED AWARENESS OF THE BUSINESSES WITHIN THE DISTRICT AND THEIR INDIVIDUAL OFFERINGS. THIS INCREASED AWARENESS WILL ATTRACT NEW CUSTOMERS TO THE DISTRICT BUSINESSES AND PROVIDE AN INCREASE IN COMMERCIAL ACTIVITY, WHICH WILL DIRECTLY RELATE TO THE INCREASE IN LEASE RATES AND FURTHER ENHANCE COMMERCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Billy Anderson Director | 1 | $0 | |
Rong Be Director | 1 | $0 | |
Sara Shafari Director | 1 | $0 | |
Dr Elisa Nicholas Director | 1 | $0 | |
Susana Sngiem Chair | 2 | $0 | |
Charles Song Vice Chair/treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $162,917 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $162,917 |
| 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 | $18,236 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $46,134 |
| Total expenses | $64,370 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $111,806 |
| Other assets | $0 |
| Total assets | $111,806 |
| Total liabilities | $0 |
| Net assets or fund balances | $111,806 |