Fortuna Downtown Merchants is located in Fortuna, CA. According to its NTEE Classification (S43) the organization is classified as: Small Business 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. Fortuna Downtown Merchants 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 12/2023, Fortuna Downtown Merchants generated $33.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 17.1% each year . All expenses for the organization totaled $31.7k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
VARIOUS COMMUNITY AND BUSINESS PROMOTIONAL EVENTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leone Gossett CEO | 2 | $0 | |
Cindy Daetwiler Vice President | 2 | $0 | |
Marilyn Strehl CFO | 2 | $0 | |
Tyler Hutton Secretary | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,613 |
| Total Program Service Revenue | $10,914 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $33,527 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,678 |
| Total expenses | $31,678 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,247 |
| Other assets | $0 |
| Total assets | $8,247 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,247 |