Power Inn Alliance
- Assets
- $660.7k
- Revenue
- $790.8k
- Investments
- $0.0
- Employees
- 8
- Location
- Sacramento, CA
- Founding
- 03/2007
- Data as of
- 12/2022
- EIN
- 68-0335881
Organization Overview
Power Inn Alliance is located in Sacramento, CA. The organization was established in 2007. 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. As of 12/2022, Power Inn Alliance employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Power Inn 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 12/2022, Power Inn Alliance generated $790.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $698.1k during the year ending 12/2022. While expenses have increased by 2.5% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ADVOCATES FOR BUSINESS, TRANSPORTATION AND COMMUNITY IN THE POWER INN AREA OF SACRAMENTO, CA. PRIMARY OBJECTIVES INVOLVE ECONOMIC DEVELOPMENT, BEAUTIFICATION, SECURITY & CRIME ABATEMENT, TRANSPORTATION & BUSINESS NETWORKS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COUNTY OF SACRAMENTO PROVIDED US WITH OVER $100,000 TOWARDS CLEANUP COSTS, WHICH IS A CRITICAL ACTIVITY FOR OUR DISTRICT.
IN 2022, WE ALSO RESUMED IN-PERSON EVENTS, STARTING WITH OUR POWER HOUR NETWORKING EVENT IN AUGUST. WE HELD TWO OF THESE EVENTS LAST YEAR, AND ADDED A NEW EVENT ENTITLED POWER INNSIGHTS TOUR, WHICH SHOWCASES A LOCAL BUSINESS AND OFFERS ATTENDEES AN OPPORTUNITY TO TOUR THE FACILITY.
THE CITY OF SACRAMENTO PROVIDED THE ORGANIZATION WITH FUNDS TO FUND SAFETY PROGRAMS AND EQUIPMENT. WITH THESE FUNDS, WE WERE ABLE TO PROCURE ADDITIONAL CAMERAS AND HIRE PRIVATE SECURITY PATROL FOR THE ENTIRE DISTRICT FOR THE FIRST TIME IN THE ORGANIZATION'S HISTORY.
BEAUTIFICATION OF THE DISTRICT IS ANOTHER PRIORITY AND LAST MAY, A NEW MURAL WAS INSTALLED AT BROTHERS PLUMBING ON KIEFER BOULEVARD, NEAR THE INTERSECTION OF FOLSOM BOULEVARD AND FLORIN PERKINS ROAD. THIS PROJECT WAS THE FIRST FOR THE FOLSOM BOULEVARD COALITION, A NEW PARTNERSHIP WITH SACRAMENTO STATE, COUNCILMAN GUERRA'S OFFICE, POWER INN ALLIANCE, COMMUNITY MURALS SACRAMENTO, AND THE COLLEGE GLEN NEIGHBORHOOD ASSOCIATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Edelmayer Board Chair | OfficerTrustee | 5 | $0 |
Mike Newell Vice Chair | OfficerTrustee | 3 | $0 |
Mike Lien Secretary | OfficerTrustee | 3 | $0 |
Dave Sikich Treasurer | OfficerTrustee | 3 | $0 |
Scott Lee Immediate Past Chair | OfficerTrustee | 3 | $0 |
Greg Hribar Past Chair | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Taylor & Wiley Legal Fees | 12/30/18 | $142,635 |
Green Vista Landscape Landscaping And Clean Up Maintenance | 12/30/18 | $139,150 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $160,092 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $160,092 |
| Total Program Service Revenue | $626,319 |
| Investment income | $0 |
| 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 | $790,808 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $105,473 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $123,989 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,911 |
| Payroll taxes | $20,854 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,660 |
| Fees for services: Accounting | $62,285 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $22,193 |
| Advertising and promotion | $234 |
| Office expenses | $8,589 |
| Information technology | $3,711 |
| Royalties | $0 |
| Occupancy | $86,180 |
| Travel | $305 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,237 |
| Interest | $86 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,000 |
| Insurance | $6,805 |
| All other expenses | $2,425 |
| Total functional expenses | $698,123 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,020 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $263,582 |
| 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 | $5,332 |
| Net Land, buildings, and equipment | $12,864 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $325,860 |
| Total assets | $660,658 |
| Accounts payable and accrued expenses | $26,461 |
| Grants payable | $0 |
| Deferred revenue | $4,750 |
| 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 | $0 |
| Other liabilities | $343,422 |
| Total liabilities | $374,633 |
| Net assets without donor restrictions | $286,025 |
| Net assets with donor restrictions | $0 |
| 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 | $660,658 |