Silicon Valley Democratic Socialists Of America is located in San Jose, CA. Silicon Valley Democratic Socialists Of America is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Silicon Valley Democratic Socialists Of America generated $16.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (63.9%) each year. All expenses for the organization totaled $87.5k during the year ending 12/2022. 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 Mission:
Part 3 - Line 1
THE PRIMARY PURPOSE OF THIS CORPORATION IS TO PROMOTE SOCIAL WELFARE. THE CORPORATION SHALL SEEK TO TRANSITION TO A TRULY DEMOCRATIC AND SOCIALIST SOCIETY IN WHICH THE MEANS RESOURCES OF PRODUCTION ARE DEMOCRATICALLY AND SOCIALLY CONTROLLED.
Describe the Organization's Program Activity:
Part 3
SOLIDARITY BAIL JAIL SUPPORT FUND: PROVIDES SUPPORT FOR JAIL PRISON IMPACTED PEOPLE AND THEIR FAMILIES. WE PAID AND POSTED BAIL BONDS AND PROVIDED COMMISSARY SUPPORT FOR INCARCERATED INDIVIDUALS. ESTIMATED PEOPLE ASSISTED: 253
WILDFIRE AID: WE PURCHASED AND DISTRIBUTED KN95 MASKS TO THE COMMUNITY DURING NORTHERN CALIFORNIA'S WILDFIRE SEASON. ESTIMATED PEOPLE ASSISTED: 1,900
MUTUAL AID: PROVIDES GROCERIES HOUSEHOLD GOODS MEDICAL SUPPLIES AND OTHER FORMS OF ESSENTIAL SUPPORT TO VULNERABLE COMMUNITY MEMBERS. IN 2020 THIS PROGRAM INCLUDED SUPPORT FOR COMMUNITY MEMBERS IMPACTED BY THE COVID CRISIS. ESTIMATED PEOPLE ASSISTED: 803
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nicolas Smith Treasurer | 10 | $0 | |
Sean Chen Officer | 10 | $0 | |
Elisabeth Lindkvist Officer | 10 | $0 | |
Patrick Chaffey Officer | 10 | $0 | |
Kyle Short Officer | 0 | $0 | |
Jay Davis Officer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $16,585 |
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 | $16,585 |
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 | $770 |
Occupancy, rent, utilities, and maintenance | $5,525 |
Printing, publications, postage, and shipping | $3,377 |
Other expenses | $199 |
Total expenses | $87,477 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $68,474 |
Other assets | $0 |
Total assets | $68,474 |
Total liabilities | $0 |
Net assets or fund balances | $68,474 |