Franklin Boulevard Business Association

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

EIN: 680087728 ✦ Sacramento, CA ✦ Designated as a 501(c)(4)

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Overview

What is Franklin Boulevard Business Association?

The Franklin Boulevard Business Association is a nonprofit organization situated in Sacramento, California, specifically at 5383 Franklin Boulevard C, with a focus on fostering a conducive environment for business and property success. Their mission encompasses promoting economic development and enhancing the overall quality of life within the North Franklin District. With a modest team of four employees, they strive to achieve their objectives through their activities, aiming to contribute positively to the local community.

Is Franklin Boulevard Business Association legitimate?

Franklin Boulevard Business Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. Franklin Boulevard Business 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: $76,666
Professional Fundraising Fees: $0
Other Salaries and Wages: $112,057

For more financial information, click here

What is the mission statement of Franklin Boulevard Business Association?

The Franklin Boulevard Business Association's mission is geared towards fostering a conducive environment for businesses and property owners to thrive. This is achieved by actively promoting economic development and enhancing the overall quality of life within the designated district. By doing so, the association aims to contribute to the success of businesses and property owners, thereby bolstering the local economy and community.

What is the revenue of Franklin Boulevard Business Association?

Franklin Boulevard Business Association's revenue in 2024 was $319,629.

Who are the executives of Franklin Boulevard Business Association and what are their salaries?

The average compensation at Franklin Boulevard Business Association during 2024 was $37,745. There are 5 employees and 32 volunteers at Franklin Boulevard Business Association.

Here are 14 key members and their salaries:


Mike Bokan (Executive Dir.)
  • Compensation: $76,666
  • Related: $0
  • Other: $0
Jorge Plascencia (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Clark (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Cable (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Herrera (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aniceto Balingit (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Batovac (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julio Ortiz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rene Cornejo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nate Ellis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Ramos (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Brown (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keaton Riley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Chong (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Franklin Boulevard Business Association?

Franklin Boulevard Business Association's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Franklin Boulevard Business Association

The Franklin Boulevard Business Association's mission is centered around creating an environment that fosters the success of both businesses and property owners. They aim to achieve this goal by actively promoting economic development and enhancing the overall quality of life within the North Franklin District. By carrying out these objectives, the association seeks to establish a thriving and prosperous community, where businesses can flourish and property owners can reap the benefits.

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Impact




October, 2024

The Franklin Boulevard Business Association has a significant impact on the North Franklin District in Sacramento by fostering an environment conducive to business success and enhancing the overall quality of life for residents and property owners. Through its initiatives, the association promotes economic development, which in turn attracts new businesses and supports existing ones. This creates a vibrant community where both commerce and residents can thrive.

By prioritizing community improvement, the association works to uplift the local economy and enhance public spaces, contributing to a more appealing and functional neighborhood. Their efforts lead to not only increased business patronage but also a strengthened sense of community identity and involvement. Overall, the Franklin Boulevard Business Association plays a crucial role in the ongoing development and revitalization of the North Franklin District.




This information is meant to be a general summary of Franklin Boulevard Business 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
$319,629 (2024)
Expenses
$363,097 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $12
  • Program Service Revenue: $304,517
  • Gross Receipts: $319,629

Assets and Liabilities:

  • Total Assets: $296,875
  • Total Liabilities: $9,718
  • Net Assets: $287,157

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Programs

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

ARPA REVENUE

Revenue

$4,000

BIA REVENUE

Revenue

$93,998

PBID REVENUE

Revenue

$206,519

Organization Details

Founding Year

1986

Principal Officer

Mike Bokan

NTEE Category

Code: S31 - Community improvement

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