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Advance Redding

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

EIN: 453342288 ✦ Redding, CA ✦ Designated as a 501(c)(3)

Overview

What is Advance Redding?

Advance Redding is a nonprofit organization based in Redding, California. Their primary mission is to fostering economic growth, entertainment, and cultural activities within the greater Redding area by managing and operating the city's convention center. In the face of challenges posed by COVID-19 regulations, they successfully applied for additional funding and transformed their outdoor space, enabling large events and attracting approximately 78,000 visitors. This led to an economic impact of $29 million in the local community. Advance Redding employs 62 individuals, dedicated to their mission.


Official website here: www.advanceredding.com/

Is Advance Redding legitimate?

Advance Redding is a legitimate nonprofit organization registered as a 501(c)(3) entity. Advance Redding 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.

Here are some key statistics you may want to consider:

Executive Compensation: $145,553
Professional Fundraising Fees: $0
Other Salaries and Wages: $549,990

For more financial information, click here


Official website here: www.advanceredding.com/

What is the mission statement of Advance Redding?

Advance Redding's mission is centered around fostering economic growth, providing entertainment opportunities, and promoting cultural activities in a broader area. They achieve this mission by maintaining, managing, and operating a convention center. In the face of challenges posed by COVID-19 regulations, they successfully applied for grant reconsideration and supplemental awards, allowing them to activate their outdoor space for larger events and maintain sufficient staffing capacity. As a result, they welcomed approximately 78,000 visitors, contributing an economic impact of $29 million to their local community.


Official website here: www.advanceredding.com/

Who is the CEO of Advance Redding?

Julie Dyar is the General Manager of Advance Redding.


Official website here: www.advanceredding.com/

What is the revenue of Advance Redding?

Advance Redding's revenue in 2022 was $2,703,465.


Official website here: www.advanceredding.com/

Who are the executives of Advance Redding and what are their salaries?

The average compensation at Advance Redding during 2022 was $11,218. There are 62 employees and 29 volunteers at Advance Redding.

Here are 9 key members and their salaries:

    Nathan Parmelee (B&M Manager)
  • Compensation: $122,308
  • Related: $0
  • Other: $22,087

    • Julie Dyar (General Manager)
  • Compensation: $109,077
  • Related: $0
  • Other: $13,761

    • Kris Vallotton (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charlie Harper (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy Mason (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hope Seth (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Morrow (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debi Chimenti (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Hiatt (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.advanceredding.com/

    Where can I find the form 990 for Advance Redding?

    The Advance Redding’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.advanceredding.com/

    Learn more at the official website: www.advanceredding.com/

    Mission Statement of Advance Redding

    Advance Redding, as a nonprofit organization, is committed to fostering economic growth, enhancing entertainment prospects, and promoting cultural activities in a broader area. To accomplish this mission, Advance Redding maintains, manages, and operates a convention center. By doing so, the organization aims to provide a platform for various events and gatherings, thereby contributing to the development of the local economy and community.

    During the fiscal year ending in 2022, Advance Redding faced significant challenges due to the ongoing impact of COVID-19 on large gatherings. Despite these obstacles, the organization showed resilience by successfully securing additional funding and adapting its operations to accommodate outdoor events. These changes enabled Advance Redding to welcome around 78,000 visitors to the venue, resulting in an estimated $29 million of direct spending in the local community. This influx of visitors and expenditures signified a significant boost to the economic growth and development in the area.

    Impact

    This information is meant to be a general summary of Advance Redding. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Advance Redding's impact on the greater Redding area is significant in terms of advancing economic growth, providing entertainment opportunities, and fostering cultural activities. The organization's management and operation of the Redding Convention Center have contributed to a thriving event venue that attracts a large number of visitors. Despite the challenges posed by the COVID-19 pandemic, Advance Redding successfully adapted its operations to comply with regulations and guidance, enabling the hosting of various events and functions.

    In the fiscal year ending 2022, approximately 78,000 visitors attended events at the Redding Convention Center, resulting in a direct spend of $29 million in the local community. This influx of visitors not only boosts the local economy but also enhances the overall cultural and entertainment landscape of the area. By maintaining and managing the convention center effectively, Advance Redding plays a crucial role in supporting community improvement and creating a vibrant hub for gatherings and activities.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $176
  • Program Service Revenue: $847,302
  • Gross Receipts: $2,814,914

    • Assets and Liabilities:
  • Total Assets: $3,133,364
  • Total Liabilities: $1,054,193
  • Net Assets: $2,079,171
  • Programs

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

    Program Revenue

    Revenue

    $847,302

    Organization Details

    Founding Year

    2011

    Principal Officer

    Julie Dyar

    Main Address

    PO Box 992315, Redding, CA, 96001

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of Advance Redding and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.