Form 990 for tax year 2023
Filed by JAPANTOWN COMMUNITY BENEFIT DISTRICT INC.
Totals
- Total revenue
- $569,049
- Total expenses
- $718,067
- Contributions and grants received
- $89,156
- Grants paid
- $0
- Program service revenue
- $475,022
- Investment income
- $4,871
- Other revenue
- $0
- Total assets, end of year
- $841,258
- Total liabilities, end of year
- $15,014
- Net assets or fund balances, end of year
- $826,244
- Program services expenses (Part IX)
- $592,768
- Management and general expenses
- $125,299
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $592,768
Program services were 82.6% 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)
$52,820
-
1f · All other contributions, gifts and grants
$36,336
-
2a · Program service revenue: ASSESSMENTS
total $402,712 · unrelated business $0 · excluded $0
-
2b · Program service revenue: POP UP SHOP FOR ARTISTS
total $72,310 · unrelated business $0 · excluded $0
-
3 · Investment income
total $4,871 · unrelated business $0 · excluded $0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $60,244 · program services $24,101 · management and general $36,143 · fundraising $0
-
7 · Other salaries and wages
total $99,105 · program services $74,630 · management and general $24,475 · fundraising $0
-
10 · Payroll taxes
total $12,765 · program services $8,426 · management and general $4,339 · fundraising $0
-
11c · Fees: accounting
total $8,722 · program services $0 · management and general $8,722 · fundraising $0
-
11g · Fees: other
total $15,321 · program services $0 · management and general $15,321 · fundraising $0
-
13 · Office expenses
total $8,968 · program services $0 · management and general $8,968 · fundraising $0
-
16 · Occupancy
total $13,653 · program services $12,692 · management and general $961 · fundraising $0
-
17 · Travel
total $2,170 · program services $0 · management and general $2,170 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $86,621 · program services $86,621 · management and general $0 · fundraising $0
-
24a · Other expenses: ECONOMIC ENHANCEMENT EXPENSES
total $270,102 · program services $270,102 · management and general $0 · fundraising $0
-
24b · Other expenses: ENVIRNONMENTAL ENHANCEMENT EXPENSES
total $113,196 · program services $113,196 · management and general $0 · fundraising $0
-
24c · Other expenses: OTHER GENERAL EXPENSES
total $27,200 · program services $3,000 · management and general $24,200 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $769,385 · end of year $788,641
-
4 · Accounts receivable
beginning of year $181,041 · end of year $18,307
-
9 · Prepaid expenses and deferred charges
beginning of year $4,589 · end of year $7,009
-
10a · Land, buildings and equipment: cost or other basis
$580,446
-
10b · Land, buildings and equipment: accumulated depreciation
$554,045
-
10c · Land, buildings and equipment, net
beginning of year $95,321 · end of year $26,401
-
15 · Other assets
beginning of year $900 · end of year $900
-
17 · Accounts payable and accrued expenses
beginning of year $76,534 · end of year $15,014
-
27 · Net assets without donor restrictions
beginning of year $149,064 · end of year -$29,430
-
28 · Net assets with donor restrictions
beginning of year $825,638 · end of year $855,674
Mission and programs · 2023
Mission
The Japantown CBD will focus on providing environmental and economic enhancements to the district; including graffiti removal, pressure washing, marketing, and beautification improvements.
-
The Japantown CBD provided environmental and economic enhancements to the district; including graffiti removal, pressure washing, marketing, and beautification improvements.
Expenses $592,768 · Revenue $479,893
As filed on the 2023 return.
Listed in Part VII
-
Robert SakaiROBERT SAKAI
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Mary IshisakiMARY ISHISAKI
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Daniel BryonDANIEL BRYON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Steve IshiiSTEVE ISHII
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kim KolbeKIM KOLBE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kathy NelsonKATHY NELSON
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Grace HorikiriGRACE HORIKIRI
EXECUTIVE DIRECTOR
- Total calculated
- $60,244
- From this org
- $60,244
- From related orgs
- $0
- Other
- $0
- Hours/week
- 30
-
Eunice AshizawaEUNICE ASHIZAWA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
David BurnhamDAVID BURNHAM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Junichi IkedaJUNICHI IKEDA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Amit PatelAMIT PATEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
-
Darius SalforooshDARIUS SALFOROOSH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0
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
- 2023
- Filed
- 7 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531359349307648
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