The Los Altos Village Association Inc

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

EIN: 942760328 ✦ Los altos, CA ✦ Designated as a 501(c)(6)

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Overview

What is The Los Altos Village Association Inc?

The Los Altos Village Association Inc, located at 75 Main Street, Los Altos, CA 94022, is a nonprofit organization with a mission to stimulate the economy of local merchants. They achieve this by organizing various events and festivals within the downtown triangle. This community-focused initiative aims to foster business growth and development in the area, ultimately contributing to the local economy. The association operates with a modest workforce of three individuals.


Official website here: www.downtownlosaltos.org

Is The Los Altos Village Association Inc legitimate?

The Los Altos Village Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Los Altos Village Association Inc 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: $110,801
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,131

For more financial information, click here


Official website here: www.downtownlosaltos.org

What is the mission statement of The Los Altos Village Association Inc?

The Los Altos Village Association Inc's mission is centered around community economic development. Their primary objective is to foster and encourage business growth within their domain, specifically in the downtown triangle. They achieve this through the organization of various festivals and events, serving as a promotional tool for local merchants and contributing to the overall economy of their business sector.


Official website here: www.downtownlosaltos.org

Who is the CEO of The Los Altos Village Association Inc?

Scott Hunter is the President of The Los Altos Village Association Inc.


Official website here: www.downtownlosaltos.org

What is the revenue of The Los Altos Village Association Inc?

The Los Altos Village Association Inc's revenue in 2022 was $313,925.


Official website here: www.downtownlosaltos.org

Who are the executives of The Los Altos Village Association Inc and what are their salaries?

The average compensation at The Los Altos Village Association Inc during 2022 was $46,311. There are 3 employees and 400 volunteers at The Los Altos Village Association Inc.


Here are 13 key members and their salaries:


Erika Harrington (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Kozy (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Sheila Mcmahon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Maxwell-Lyons (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nina Nesmith (President-Past)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Cairns (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Fusco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Geary (Director)
  • Compensation: $33,301
  • Related: $0
  • Other: $0
Peter Gruber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Elisabeth Ward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Hunter (Executive Director)
  • Compensation: $77,500
  • Related: $0
  • Other: $0
Laura Yelavich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.downtownlosaltos.org

Where can I find the form 990 for The Los Altos Village Association Inc?

The Los Altos Village Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.downtownlosaltos.org

Learn more at the official website: www.downtownlosaltos.org

Mission Statement of The Los Altos Village Association Inc

The Los Altos Village Association Inc, a community-focused organization, is dedicated to fostering business growth and development within its local downtown triangle. Their mission is centered around promoting businesses, aiming to enhance their economic potential. To achieve this, the association organizes various festivals and events within the downtown triangle, serving as a platform to showcase the merchants and their offerings. By doing so, they strive to bolster the local economy and contribute to the overall vitality of the community.

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Impact




October, 2024

The Los Altos Village Association Inc significantly enhances the local economy by organizing festivals and various events in the downtown triangle. These activities draw residents and visitors alike, creating vibrant community engagement and fostering a strong sense of belonging among residents. By promoting local merchants and encouraging business growth, the association directly contributes to the economic vitality of the area. The events not only showcase the unique offerings of local businesses but also provide opportunities for community members to connect, share experiences, and support one another. This collective effort leads to a more robust local economy and a thriving community atmosphere.




This information is meant to be a general summary of The Los Altos Village Association Inc. 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
$313,925 (2022)
Expenses
$280,097 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $995
  • Program Service Revenue: $63,575
  • Gross Receipts: $612,227

Assets and Liabilities:

  • Total Assets: $352,344
  • Total Liabilities: $250,118
  • Net Assets: $102,226

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Programs

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

PARKING MANAGEMENT

Revenue

$38,000

MEMBERSHIP DUES

Revenue

$25,575

Organization Details

Founding Year

1981

Principal Officer

Scott Hunter

Main Address

75 MAIN STREET, LOS ALTOS, CA, 94022

NTEE Category

Code: S31 - Community improvement

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