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Downtown Ventura Property Owners Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 264492988 ✦ Ventura, CA ✦ Designated as a 501(c)(6)

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Overview

What is Downtown Ventura Property Owners Association?

The Downtown Ventura Property Owners Association is a nonprofit organization dedicated to revitalizing the commercial and cultural sector of downtown Ventura. They achieve this goal through strategic capital improvements, enhanced maintenance and security, effective marketing and promotional efforts, and providing education and administration within the area. This association plays a significant role in promoting economic development and securing city contracts. In other words, the Downtown Ventura Property Owners Association works to create a thriving commercial and cultural atmosphere in downtown Ventura by implementing strategic improvements, enhancing maintenance and security, executing impactful marketing strategies, and offering educational resources and administrative support. They also contribute to the local economy by participating in economic development programs and city contracts.

Is Downtown Ventura Property Owners Association legitimate?

Downtown Ventura Property Owners Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Downtown Ventura Property Owners Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $121,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Downtown Ventura Property Owners Association?

The Downtown Ventura Property Owners Association strives to establish a dynamic commercial and cultural district by executing strategic capital improvements, enhancing maintenance and security, implementing effective marketing and promotion strategies, and providing education and administration within the designated area. Their mission encompasses fostering economic growth through development programs and city contracts.

Who is the CEO of Downtown Ventura Property Owners Association?

Kevin Clerici is the Executive Dir. of Downtown Ventura Property Owners Association.

What is the revenue of Downtown Ventura Property Owners Association?

Downtown Ventura Property Owners Association's revenue in 2022 was $1,910,454.

Who are the executives of Downtown Ventura Property Owners Association and what are their salaries?

The average compensation at Downtown Ventura Property Owners Association during 2022 was $121,100. There is 1 employee at Downtown Ventura Property Owners Association.


Here are 12 key members and their salaries:


Kevin Clerici (Executive Dir.)
  • Compensation: $121,100
  • Related: $0
  • Other: $0
Mark Hartley (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Armstrong (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Fox (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Quintana (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Dearkland (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelsey Jonker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hutton Becker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Whitney Riles (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yvonne Besvold (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Schroeder (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Melendez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Downtown Ventura Property Owners Association?

Downtown Ventura Property Owners Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Downtown Ventura Property Owners Association

The Downtown Ventura Property Owners Association strives to transform the commercial and cultural district within its jurisdiction by implementing strategic capital improvements, enhancing maintenance and security, executing effective marketing and promotions, and providing education and administration. Their mission is to revitalize the area, making it a more vibrant and attractive destination. The association achieves this by investing in capital projects, maintaining high standards of cleanliness and safety, promoting local businesses, and offering educational resources and administrative support to the community. Their ultimate goal is to create a thriving commercial and cultural district that attracts visitors and encourages economic growth.

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Impact




October, 2024

The Downtown Ventura Property Owners Association plays a crucial role in enhancing the commercial and cultural landscape of downtown Ventura. By focusing on strategic capital improvements, they are able to modernize and beautify the area, making it more appealing for both businesses and visitors. Enhanced maintenance and security contribute to a safer and cleaner environment, fostering a sense of community and encouraging foot traffic.

Through effective marketing and promotions, the Association helps to raise awareness of local businesses and events, driving economic growth in the region. Their educational initiatives equip property owners and businesses with the knowledge needed for success, creating a strong foundation for sustainable development.

Overall, the impact of the Downtown Ventura Property Owners Association is evident in the vibrant, thriving atmosphere it cultivates, transforming downtown Ventura into a hub of activity and cultural engagement.




This information is meant to be a general summary of Downtown Ventura Property Owners Association. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,910,454 (2022)
Expenses
$1,882,243 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $511
  • Program Service Revenue: $1,769,250
  • Gross Receipts: $1,910,454

Assets and Liabilities:

  • Total Assets: $589,914
  • Total Liabilities: $377,658
  • Net Assets: $212,256

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BIN ADVERTISING

Revenue

$24,431

CONTRACTED SERVICES

Revenue

$778,029

Fees & Contracts Gov Agencies

Revenue

$949,096

MISC REVENUE

Revenue

$6,602

SPONSORSHIPS

Revenue

$11,092

Organization Details

Founding Year

2009

Principal Officer

Kevin Clerici

Main Address

PO BOX 1414, VENTURA, CA, 93002

NTEE Category

Code: S30 - Community improvement

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