Olde Towne Nipomo Association
- Assets
- $46.9k
- Revenue
- $10.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Nipomo, CA
- Founding
- 09/2000
- Data as of
- 12/2021
- EIN
- 77-0454037
Organization Overview
Olde Towne Nipomo Association is located in Nipomo, CA. The organization was established in 2000. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood 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. Olde Towne Nipomo 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, Olde Towne Nipomo Association generated $10.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $9.4k during the year ending 12/2021. While expenses have increased by 7.1% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
REVITALIZATION OF DOWNTOWN OLDE NIPOMO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REVITALIZATION OF OLDE TOWNE NIPOMO.
N/A
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deb Geaslen Treasurer | Officer | 10 | $0 |
Richard Malvarose President | Officer | 5 | $0 |
Kathy Kubiak Secretary | Officer | 10 | $0 |
Rudy Stowell Vice President | Officer | 5 | $0 |
Ruth Brackett Director | Trustee | 5 | $0 |
Dan Diaz Director | Trustee | 1 | $0 |
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 | $6,816 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,816 |
| Total Program Service Revenue | $0 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $3,565 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,382 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $475 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,500 |
| Insurance | $1,221 |
| All other expenses | $0 |
| Total functional expenses | $9,367 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,854 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $46,854 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $46,854 |
| Total liabilities and net assets/fund balances | $46,854 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Olde Towne Nipomo Association has recieved totaling $13,696.
| Awarding Organization | Amount |
|---|---|
Organization Name not Listed PURPOSE: JIM O. MILLER MEMORIAL PARK | | $10,000 |
Organization Name not Listed PURPOSE: WREATHS FOR CITY OF NIPOMO | | $3,696 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Downtown Santa Monica Inc Santa Monica, CA | $4,897,203 | $9,308,728 |
Resources For Community Development Berkeley, CA | $93,266,557 | $6,994,658 |
Lake Wildwood Association Penn Valley, CA | $30,720,187 | $8,953,678 |
Antelope Valley Partners For Health Lancaster, CA | $4,220,936 | $10,090,239 |
Community Vision Capital & Consulting San Francisco, CA | $118,645,783 | $20,656,685 |
Hacienda Community Development Corporation Portland, OR | $42,129,547 | $14,753,048 |
Powerswitch Action Oakland, CA | $19,442,233 | $13,398,955 |
Downtown Center Business Improvement District Inc Los Angeles, CA | $1,747,827 | $7,519,589 |
Underground Service Alert Of Northern California And Nevada Concord, CA | $6,010,381 | $7,617,174 |
Community Action Agency Of Butte County Inc Chico, CA | $5,886,657 | $7,635,979 |
Las Sendas Community Association Scottsdale, AZ | $18,217,968 | $6,434,720 |
Union Square Business Improvement District San Francisco, CA | $3,440,343 | $7,353,306 |