Overview
What is South Lake Business Association?
The South Lake Business Association is a nonprofit organization situated in Pasadena, California, specifically at 140 South Lake Avenue 254. Its primary mission is to promote and enhance the economic interests of its membership, which is primarily composed of businesses within the South Lake Avenue Business Improvement District (PBID). They accomplish this through various initiatives. One of these is a "Clean and Safe" program, ensuring a well-maintained and secure environment for both visitors and businesses. Another focus is on professional marketing and business promotion, helping to advertise the district's diverse offerings and attract potential investors. Additionally, they work on improving the physical environment and amenities within the district, incorporating features such as trash bins, street furniture, and landscaped medians. With a dedicated team of one employee, South Lake Business Association is committed to the betterment and growth of the South Lake Avenue district.
Official website here: www.southlakeavenue.org
What do the Facebook reviews say about South Lake Business Association?
100% of 13 reviewers on Facebook recommend the South Lake Business Association. Here is a summary of their reviews:
The overwhelming sentiment expressed by reviewers is one of strong support and appreciation for the association. Many highlight it as a fantastic community resource, emphasizing the positive environment and collaborative spirit fostered by the organization. Commenters frequently describe their experiences as welcoming and beneficial, making it a valuable network for local businesses.
Overall, it is clear that the South Lake Business Association effectively fulfills its mission to support and connect local business owners, creating a thriving community network that members genuinely value.
This AI summary has been generated from reviews found on Facebook.
Is South Lake Business Association legitimate?
South Lake Business Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. South Lake 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: $138,822
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.southlakeavenue.org
What is the mission statement of South Lake Business Association?
The South Lake Business Association's mission is to actively promote and enhance the economic interests of its membership. This is achieved by proactively managing supplemental services and improvements for the business center, ensuring a clean and safe environment, implementing a professional marketing and business promotion program, and enhancing the physical environment and amenities throughout the district. The association's purpose is to continue providing these services with the aim of improving the overall business center.
Official website here: www.southlakeavenue.org
What is the revenue of South Lake Business Association?
South Lake Business Association's revenue in 2023 was $773,437.
Official website here: www.southlakeavenue.org
Who are the executives of South Lake Business Association and what are their salaries?
The average compensation at South Lake Business Association during 2023 was $138,822. There is 1 employee and 12 volunteers at South Lake Business Association.
Here are 13 key members and their salaries:
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- Compensation: $129,616
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- Other: $9,206
Official website here: www.southlakeavenue.org
Where can I find the form 990 for South Lake Business Association?
South Lake Business Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.southlakeavenue.org
Learn more at the official website: www.southlakeavenue.org
Mission Statement of South Lake Business Association
The South Lake Business Association's mission is centered around proactively promoting and enhancing the economic interests of its membership. This nonprofit organization operates within a Business Improvement District (PBID), with the primary goal of providing and managing supplemental services and improvements for a significant business center. The association's efforts are directed towards maintaining a clean and safe environment, implementing a professional marketing and business promotion program, and enhancing the physical environment and amenities throughout the district. By doing so, the South Lake Business Association seeks to contribute positively to the overall success and growth of the businesses situated within its jurisdiction.
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Impact
October, 2024
The South Lake Business Association significantly impacts the South Lake Avenue District by enhancing its economic vibrancy and overall appeal. Through targeted programs, it manages initiatives that ensure a "Clean and Safe" environment, which not only attracts shoppers and visitors but also supports local businesses. The association undertakes professional marketing and promotions, spotlighting the diverse array of goods, services, and cultural experiences available in the district.
By promoting business and property investment opportunities, it fosters economic development that benefits all stakeholders involved. The organization’s efforts to advertise available spaces for lease or sale facilitate business growth and attract new entrepreneurs.
Community engagement is further amplified through a series of festive district events and holiday activities that draw crowds and create a sense of community. Regular sales and promotions encourage consumer spending, which directly benefits local merchants.
Physical improvements, such as upgraded streetscapes—complete with enhanced trash bins, street furniture, and greenery—create a more inviting atmosphere for both pedestrians and shoppers. This combination of cleanliness, safety, marketing, and physical enhancements not only improves the district's aesthetics but also elevates its economic potential, making it a vibrant hub for business and community interaction in Pasadena, CA.
This information is meant to be a general summary of South Lake 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $25,136
- Program Service Revenue: $747,616
- Gross Receipts: $773,437
Assets and Liabilities:
- Total Assets: $1,619,519
- Total Liabilities: $359,702
- Net Assets: $1,259,817
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROPERTY BASED IMPROVE
Revenue
$723,891
PROGRAM EVENT INCOME
Revenue
$23,725
Organization Details
Founding Year
1988
Principal Officer
Gina Tleel
Website
www.southlakeavenue.orgNTEE Category
Code: S20 - Community improvement
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