Diamond Business Association Inc
- Assets
- $71.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- San Diego, CA
- Founding
- 06/2013
- Data as of
- 06/2022
- EIN
- 80-0767111
Organization Overview
Diamond Business Association Inc is located in San Diego, CA. The organization was established in 2013. 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 06/2022, Diamond Business Association Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Diamond Business Association Inc 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 06/2022, Diamond Business Association Inc generated $117.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $99.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
MARKETING AND BUSINESS OUTREACH: MAINTAINED ONLINE INTERNET MARKETING PRESENCE VIA WEBSITE, FACEBOOK, TWITTER, INSTAGRAM, FLICKR, KLOUT, AND CONSTANT CONTACT EMAIL MARKETING. CONTINUED DEVELOPING WEBSITE WITH INTERACTIVE BUSINESS DIRECTORY. HELD MIXERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marco Ortiz President | 0 | $0 | |
Gustavo Bidart Secretary | 0 | $0 | |
Maryam Alobaidy Treasurer | 0 | $0 | |
Nancy Juarez Director | 0 | $0 | |
Karla Ruiz Vice President | 0 | $0 | |
Marc Ritchey Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,686 |
| Total Program Service Revenue | $75,635 |
| Membership dues | $0 |
| Investment income | $100 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $117,421 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,868 |
| Professional fees and other payments to independent contractors | $12,158 |
| Occupancy, rent, utilities, and maintenance | $10,603 |
| Printing, publications, postage, and shipping | $9,235 |
| Other expenses | $22,685 |
| Total expenses | $99,549 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,882 |
| Other assets | $0 |
| Total assets | $71,553 |
| Total liabilities | $10,833 |
| Net assets or fund balances | $60,720 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Diamond Business Association Inc has recieved totaling $70,000.
| Awarding Organization | Amount |
|---|---|
Local Initiatives Support Corporation New York, NY PURPOSE: SEE PART IV | $60,000 |
Civic San Diego Economic Growth And Neighborhood Investment Fund San Diego, CA PURPOSE: FUNDING TO SUPPORT THE BID ACCESS TO CAPITAL COLLABORATION IN THE DIAMOND BUSINESS IMPROVEMENT DISTRICT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Scottsdale Convention And Vistors Bureau Inc Scottsdale, AZ | $8,006,659 | $12,242,411 |
Sustainable Apparel Coalition Inc Oakland, CA | $12,069,125 | $10,210,019 |
Portland Business Alliance Portland, OR | $2,909,182 | $8,830,293 |
California Certified Public Accountants Foundation Burlingame, CA | $12,236,942 | $9,436,468 |
California Life Sciences Association San Diego, CA | $8,698,147 | $9,649,305 |
Monterey County Destination Monterey, CA | $3,905,890 | $8,986,983 |
Team San Jose San Jose, CA | $3,878,197 | $2,539,314 |
Mammoth Lakes Tourism Mammoth Lakes, CA | $11,084,402 | $8,902,762 |
D F A Of California Sacramento, CA | $11,390,800 | $8,118,200 |
Northwest Power Pool Portland, OR | $3,491,594 | $6,118,374 |
Supima Tempe, AZ | $14,183,773 | $7,283,999 |
Western Growers Assn Irvine, CA | $76,133,560 | $13,363,556 |