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Huntington Beach Downtown Business Improvement District

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

EIN: 743214964 ✦ Huntington beach, CA ✦ Designated as a 501(c)(6)

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Overview

What is Huntington Beach Downtown Business Improvement District?

The Huntington Beach Downtown Business Improvement District is a nonprofit organization, dedicated to improving the business environment in the downtown area. Their mission involves offering various opportunities, services, and information to local businesses, encouraging collaboration for the collective benefit of both businesses and the community. By working together, they aim to foster a more prosperous and cohesive downtown environment.

Is Huntington Beach Downtown Business Improvement District legitimate?

Huntington Beach Downtown Business Improvement District is a legitimate nonprofit organization registered as a 501(c)(6) entity. Huntington Beach Downtown Business Improvement District 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Huntington Beach Downtown Business Improvement District?

The Huntington Beach Downtown Business Improvement District's mission is centered around enhancing the business environment in the district. They achieve this by offering opportunities, services, and information to local businesses. Furthermore, the organization encourages collaboration among businesses, working towards the collective best interest of the downtown businesses and community as a whole. By fostering unity and providing valuable resources, the Huntington Beach Downtown Business Improvement District aims to contribute positively to the overall success and development of the local business community.

What is the revenue of Huntington Beach Downtown Business Improvement District?

Huntington Beach Downtown Business Improvement District's revenue in 2024 was $521,931.

Who are the executives of Huntington Beach Downtown Business Improvement District and what are their salaries?

The average compensation at Huntington Beach Downtown Business Improvement District during 2024 was $142,311.

Here are 8 key members and their salaries:


Bob Bolen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrick Hearn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Llido (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Townend (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Durankari Ivey (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Moe Kanoudi (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Schultz-Taylor (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susie Smith (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Huntington Beach Downtown Business Improvement District?

Huntington Beach Downtown Business Improvement District's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Huntington Beach Downtown Business Improvement District

The Huntington Beach Downtown Business Improvement District strives to improve the overall business environment in the downtown area. They accomplish this by providing various opportunities, services, and information to local businesses. Moreover, the organization encourages these businesses to collaborate for the collective benefit of the downtown community. By working together, they aim to enhance the overall appeal and success of the downtown businesses.

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Impact




October, 2024

The Huntington Beach Downtown Business Improvement District significantly enhances the downtown business environment by fostering collaboration among local businesses and providing essential services and information. This initiative creates opportunities that encourage businesses to work together for the collective benefit of the downtown community, strengthening the local economy and promoting a vibrant shopping and cultural experience for residents and visitors alike. Through its efforts, the district contributes to community improvement by not only supporting existing businesses but also attracting new ones, ultimately ensuring a thriving downtown area that meets the needs of its stakeholders.




This information is meant to be a general summary of Huntington Beach Downtown Business Improvement District. 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
$521,931 (2024)
Expenses
$416,425 (2024)
Efficiency

Other financial information:

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

  • Investment Income: $24
  • Program Service Revenue: $181,500
  • Gross Receipts: $857,818

Assets and Liabilities:

  • Total Assets: $216,188
  • Total Liabilities: $148,927
  • Net Assets: $67,261

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Programs

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

DOWNTOWN MAINTENANCE

Revenue

$181,500

Organization Details

Principal Officer

Susie Smith

NTEE Category

Code: S990 - Community improvement

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