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Downtown Santa Monica Inc

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

EIN: 953938944 ✦ Santa monica, CA ✦ Designated as a 501(c)(3)

Overview

What is Downtown Santa Monica Inc?

Downtown Santa Monica Inc is a nonprofit organization located at 1351 Third Street Promenade 201, Santa Monica, California 90401. Their primary mission is to preserve and enhance the vibrancy of the Third Street Promenade and the broader downtown area of Santa Monica. They achieve this through various programs and services, such as maintenance, an ambassador program, marketing, and special projects. Their activities are geared towards benefiting local merchants, property owners, visitors, and residents, contributing to the overall well-being and appeal of the area. With a team of 14 dedicated individuals, Downtown Santa Monica Inc is committed to promoting and improving the Third Street Promenade and its surrounding district in Santa Monica.


Official website here: www.downtownsm.com

Is Downtown Santa Monica Inc legitimate?

Downtown Santa Monica Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Santa Monica 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.

Here are some key statistics you may want to consider:

Executive Compensation: $409,833
Professional Fundraising Fees: $0
Other Salaries and Wages: $840,983

For more financial information, click here


Official website here: www.downtownsm.com

What is the mission statement of Downtown Santa Monica Inc?

Downtown Santa Monica Inc's mission is centered around enhancing the vitality of a specific area, referred to as the Third Street Promenade. Their primary goal is to promote this area by implementing various programs, projects, and services. These initiatives are designed to benefit local merchants, property owners, customers, visitors, and residents alike. They provide maintenance services, oversee an ambassador program, engage in marketing efforts, and undertake special projects within the City of Santa Monica's Central Business District, which includes the Third Street Promenade and the surrounding area.


Official website here: www.downtownsm.com

Who is the CEO of Downtown Santa Monica Inc?

Barry Snell is the Chair of Downtown Santa Monica Inc. The CEO's salary of Downtown Santa Monica Inc is $0 and their total compensation is $0.


Official website here: www.downtownsm.com

What is the revenue of Downtown Santa Monica Inc?

Downtown Santa Monica Inc's revenue in 2022 was $8,582,946.


Official website here: www.downtownsm.com

Who are the executives of Downtown Santa Monica Inc and what are their salaries?

The average compensation at Downtown Santa Monica Inc during 2022 was $89,344. There are 14 employees and 13 volunteers at Downtown Santa Monica Inc.

Here are 17 key members and their salaries (Downtown Santa Monica Inc's CEO's salary is $0 and their total compensation is $0):

    Kathleen Rawson (Ceo (End 1/22))
  • Compensation: $293,432
  • Related: $0
  • Other: $52,954

    • Steven Welliver (Deputy Chief Exec. (End 11/21))
  • Compensation: $214,476
  • Related: $0
  • Other: $15,848

    • Mackenzie Carter (Dir. Of Mktg. & Comm. (End 4/22))
  • Compensation: $129,961
  • Related: $0
  • Other: $12,388

    • Rob Rader (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julia Ladd (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Juan Matute (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Schonfeld (Vice Chair (End 1/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joshua Gilman (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barry Snell (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Aronson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tara Barauskas (Director (End 2/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erika Lesley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anuj Gupta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Sedman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Trinh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Johannes Van Tilburg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Harris (Interim Ceo (Start 4/22))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.downtownsm.com

    Where can I find the form 990 for Downtown Santa Monica Inc?

    The Downtown Santa Monica Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.downtownsm.com

    Learn more at the official website: www.downtownsm.com

    Mission Statement of Downtown Santa Monica Inc

    Downtown Santa Monica Inc, a prominent organization, is dedicated to preserving the vibrancy of the Third Street Promenade and the broader Downtown Santa Monica area. Their mission is twofold: to promote this region and enhance its appeal, while simultaneously benefiting the local merchants, property owners, customers, visitors, and residents. To achieve this, Downtown Santa Monica Inc implements various programs, projects, and services. These initiatives extend beyond the City of Santa Monica's Central Business District, encompassing not only the Third Street Promenade but also the surrounding area.

    The organization's activities encompass maintenance, an ambassador program, marketing, and special projects. These endeavors aim to boost the area's appeal and attractiveness, thereby benefiting the local community. Through these efforts, Downtown Santa Monica Inc plays a pivotal role in fostering a thriving and vibrant environment in the region.

    Impact

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




    Sunday, July 21, 2024

    Downtown Santa Monica Inc's impact is felt through its dedicated efforts to protect the vitality of Third Street Promenade and Downtown Santa Monica. Through various programs and services such as maintenance, an ambassador program, marketing initiatives, and special projects, the organization significantly contributes to the enhancement of the City of Santa Monica's Central Business District. By promoting the Third Street Promenade and the surrounding areas, Downtown Santa Monica Inc positively impacts area merchants, property owners, customers, visitors, and residents, ultimately leading to tangible community improvement.





    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: $1,870
  • Program Service Revenue: $329,224
  • Gross Receipts: $8,582,946

    • Assets and Liabilities:
  • Total Assets: $4,705,827
  • Total Liabilities: $1,480,547
  • Net Assets: $3,225,280
  • Programs

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

    Events

    Revenue

    $182,826

    Filming

    Revenue

    $92,138

    Vending

    Revenue

    $54,260

    Organization Details

    Founding Year

    1984

    Principal Officer

    Barry Snell

    Main Address

    1351 Third Street Promenade 201, Santa Monica, CA, 90401

    NTEE Category

    Code: S200 - Community improvement

    If you are a representative of Downtown Santa Monica Inc 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.