Totals
- Total revenue
- $837,571
- Total expenses
- $965,996
- Contributions and grants received
- $776,309
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $197
- Other revenue
- $61,065
- Total assets, end of year
- $54,000
- Total liabilities, end of year
- $170,293
- Net assets or fund balances, end of year
- -$116,293
- Program services expenses (Part IX)
- $869,396
- Management and general expenses
- $96,600
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $869,396
Program services were 90.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$776,309
-
3 · Investment income
total $197 · unrelated business $0 · excluded $197
-
11d · All other revenue
total $61,065 · related or exempt $61,065 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$61,065
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $132,676 · program services $119,408 · management and general $13,268 · fundraising $0
-
9 · Other employee benefits
total $23,899 · program services $21,508 · management and general $2,391 · fundraising $0
-
11b · Fees: legal
total $4,960 · program services $4,960 · management and general $0 · fundraising $0
-
11c · Fees: accounting
total $3,145 · program services $0 · management and general $3,145 · fundraising $0
-
11g · Fees: other
total $23,345 · program services $23,345 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $48,245 · program services $43,421 · management and general $4,824 · fundraising $0
-
13 · Office expenses
total $82,674 · program services $74,407 · management and general $8,267 · fundraising $0
-
23 · Insurance
total $1,684 · program services $1,516 · management and general $168 · fundraising $0
-
24a · Other expenses: Landscpaing/Streetscape Services
total $344,380 · program services $309,942 · management and general $34,438 · fundraising $0
-
24b · Other expenses: DSA Events
total $214,596 · program services $193,136 · management and general $21,460 · fundraising $0
-
24c · Other expenses: Economic Vitality
total $86,392 · program services $77,753 · management and general $8,639 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $77,655
-
3 · Pledges and grants receivable
end of year $54,000
-
17 · Accounts payable and accrued expenses
beginning of year $65,523 · end of year $170,293
-
27 · Net assets without donor restrictions
beginning of year $12,132 · end of year -$116,293
Mission and programs · 2022
Mission
Promote Downtown Somerville as the heart of commerce, culture and community life for residents and visitors alike.
-
The Downtown Somerville Alliance is the District Management Corporation for the designated Special Improvement district of downtown Somerville. The organization promotes balanced and progressive economic development and provides marketing and advertising services to the district. The organization also coordinates and funds infrastructure and beautification projects and works with historians and environmentalists alike to maintain and promote the arts, culture and history of the area. Finally, the Downtown Somerville Alliance focuses on the recruitment and retention of businesses that compliment and coincide with the strategic and master plans that govern the development of the special improvement district.
Expenses $869,396
As filed on the 2022 return.
Listed in Part VII
-
John Flores
Chairperson
- Total calculated
- $0
- Hours/week
- 2
-
RanD Pitts
Vice Chairperson
- Total calculated
- $0
- Hours/week
- 2
-
Michael Kerwin
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Kevin Sluka
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Mark Aziz
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Tony Brokenborough
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Iris Frank
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Jenn Pearson
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Rick St Pierre
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Natalie Pineiro
Executive Director
- Total calculated
- $94,000
- From this org
- $94,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323189349310077
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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