Skip to content
Nonprofiteer
← SAN DIEGO PORT TENANTS ASSOCIATION

Form 990 for tax year 2023

Filed by SAN DIEGO PORT TENANTS ASSOCIATION.

Totals

Total revenue
$423,825
Total expenses
$380,907
Contributions and grants received
$202,079
Grants paid
$0
Program service revenue
$205,563
Investment income
$1,740
Other revenue
$14,443
Total assets, end of year
$424,323
Total liabilities, end of year
$13,941
Net assets or fund balances, end of year
$410,382
Program services expenses (Part IX)
$228,544
Management and general expenses
$152,363
Fundraising expenses
$0
Program service expenses (Part III)
$228,544

Program services were 60.0% 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.

  • 1c · Fundraising events

    $180,577

  • 1f · All other contributions, gifts and grants

    $21,502

  • 2a · Program service revenue: MEMBERSHIP DUES & ASSE

    total $205,563 · related or exempt $205,563

  • 3 · Investment income

    total $1,740 · excluded $1,740

  • 8a · Fundraising events: gross income

    $120,024

  • 8a · Fundraising events: contributions included on line 1c

    $180,577

  • 8b · Fundraising events: direct expenses

    $105,581

  • 8c · Net income from fundraising events

    total $14,443 · excluded $14,443

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $209,427 · program services $125,656 · management and general $83,771

  • 7 · Other salaries and wages

    total $19,239 · program services $11,543 · management and general $7,696

  • 10 · Payroll taxes

    total $18,188 · program services $10,913 · management and general $7,275

  • 12 · Advertising and promotion

    total $4,754 · program services $2,852 · management and general $1,902

  • 13 · Office expenses

    total $7,100 · program services $4,260 · management and general $2,840

  • 16 · Occupancy

    total $10,471 · program services $6,283 · management and general $4,188

  • 19 · Conferences, conventions and meetings

    total $7,347 · program services $4,408 · management and general $2,939

  • 23 · Insurance

    total $13,672 · program services $8,203 · management and general $5,469

  • 24a · Other expenses: OUTSIDE SERVICES

    total $66,500 · program services $39,900 · management and general $26,600

  • 24b · Other expenses: COMPUTER

    total $13,166 · program services $7,900 · management and general $5,266

  • 24c · Other expenses: TELEPHONE & CELLULAR

    total $6,183 · program services $3,710 · management and general $2,473

  • 24d · Other expenses: PAYROLL FEES

    total $3,338 · program services $2,003 · management and general $1,335

  • 24e · All other expenses

    total $1,522 · program services $913 · management and general $609

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $87,477 · end of year $43,096

  • 2 · Savings and temporary cash investments

    beginning of year $279,987 · end of year $381,227

  • 10a · Land, buildings and equipment: cost or other basis

    $2,552

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,552

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $13,941

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $367,464 · end of year $410,382

Mission and programs · 2023

Mission

ADVANCING TRADE, COMMERCE, AND TOURISM WHILE PROTECTING THE ENVIRONMENT.

Activities or mission (Part I)

TO COLLECTIVELY REPRESENT, PROMOTE, AND PRESENT A UNITED FORUM FOR PORT TENANTS.

  • TO SECURE THE ENVIRONMENT AND ECONOMIC WELL-BEING OF THE PORT OF SAN DIEGO AND THE TIDELANDS.

    Expenses $228,544

As filed on the 2023 return.

Listed in Part VII

  • JOHN LAUN

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • SARAH MARSH

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • BRIAN CARR

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • SOPHIE SILVESTRI

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • SHARON CLOWARD

    PRESIDENT

    Total calculated
    $154,917
    From this org
    $154,917
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $154,917
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $154,917

  • SUMMER BENTON

    DIRECTOR

    Total calculated
    $33,150
    From this org
    $33,150
    From related orgs
    $0
    Other
    $0
    Hours/week
    20

  • IRENE MCCORMACK

    DIRECTOR

    Total calculated
    $21,360
    From this org
    $21,360
    From related orgs
    $0
    Other
    $0
    Hours/week
    20

  • AIMEE FAUCETT

    STRATEGIC ADVISOR

    Total calculated
    $0
    Hours/week
    5

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
20 March 2024
IRS schema version
2023v5.0
Source object
202400999349301910

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.