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 06/2024, 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 06/2024, Diamond Business Association Inc generated $37.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.7%) each year. All expenses for the organization totaled $87.6k during the year ending 06/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
MARKETING AND BUSINESS OUTREACH: MAINTAINED ONLINE INTERNET MARKETING PRESENCE VIAWEBSITE, FACEBOOK, TWITTER, INSTAGRAM, FLICKR, KLOUT, AND CONSTANT CONTACT EMAILMARKETING. CONTINUED DEVELOPING WEBSITE WITH INTERACTIVE BUSINESS DIRECTORY. HELD MIXERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marco Ortiz President/seretary | 0 | $0 | |
Karla Ruiz Vice President/treasurer | 0 | $0 | |
Debrenna Glastervann Director | 0 | $0 | |
Shea Benton Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,763 |
| Total Program Service Revenue | $4,534 |
| Membership dues | $1,625 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $37,922 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,505 |
| Professional fees and other payments to independent contractors | $28 |
| Occupancy, rent, utilities, and maintenance | $25,398 |
| Printing, publications, postage, and shipping | $15 |
| Other expenses | $27,656 |
| Total expenses | $87,602 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,041 |
| Other assets | $0 |
| Total assets | $47,466 |
| Total liabilities | $0 |
| Net assets or fund balances | $47,466 |