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Nonprofiteer
← CARMICHAEL IMPROVEMENT DISTRICT

Form 990 for tax year 2023

Filed by CARMICHAEL IMPROVEMENT DISTRICT.

Totals

Total revenue
$531,720
Total expenses
$563,747
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$530,818
Investment income
$1,124
Other revenue
-$222
Total assets, end of year
$255,938
Total liabilities, end of year
$100
Net assets or fund balances, end of year
$255,838
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$380,345

Program services were 0.0% 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.

  • 2a · Program service revenue: PBID Assessment Revenue

    total $530,818 · related or exempt $530,818

  • 3 · Investment income

    total $1,124 · related or exempt $1,124

  • 8a · Fundraising events: gross income

    $7,622

  • 8b · Fundraising events: direct expenses

    $7,844

  • 8c · Net income from fundraising events

    total -$222 · excluded -$222

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $82,965

  • 9 · Other employee benefits

    total $9,912

  • 10 · Payroll taxes

    total $6,557

  • 11a · Fees: management

    total $33,810

  • 11b · Fees: legal

    total $9,900

  • 11c · Fees: accounting

    total $5,706

  • 11g · Fees: other

    total $364,840

  • 12 · Advertising and promotion

    total $726

  • 13 · Office expenses

    total $5,871

  • 16 · Occupancy

    total $11,026

  • 17 · Travel

    total $1,972

  • 19 · Conferences, conventions and meetings

    total $1,462

  • 20 · Interest

    total $14

  • 22 · Depreciation, depletion and amortization

    total $8,255

  • 23 · Insurance

    total $3,560

  • 24a · Other expenses: Software

    total $1,020 · program services $1,020

  • 24b · Other expenses: Processing Fees

    total $1,020 · management and general $1,020

  • 24c · Other expenses: Banner Repairs

    total $10,221 · program services $10,221

  • 24e · All other expenses

    total $4,910

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $224,089

  • 2 · Savings and temporary cash investments

    end of year $243,485

  • 9 · Prepaid expenses and deferred charges

    beginning of year $500 · end of year $500

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

    $38,372

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

    $26,419

  • 10c · Land, buildings and equipment, net

    beginning of year $19,723 · end of year $11,953

  • 17 · Accounts payable and accrued expenses

    beginning of year $100 · end of year $100

  • 27 · Net assets without donor restrictions

    beginning of year $244,212 · end of year $255,838

Mission and programs · 2023

Mission

To advance and promote the common interest of Carmichael business and property owners by fostering economic development, security, and clean streets.

  • Clean and Safe enhancements focus on making the District a safe place to do business. Clean and safe enhancements include: contracting with qualified private security to engage and patrol the District, coordinating with Sacramento County Sheriff to control vagrancy, property damage, encampment, and petty crimes; contracting with service provider for regular litter cleanup, graffiti identification and removal, illegal dump removal, abandoned car and shopping cart removal, and other sanitation services; and identifying and assisting with code violations and concerns.

    Expenses $265,757

  • Streetscape and Maintenance enhancements intends to make the District more accessible and attractive to potential tenants and customers while present businesses thrive. Streetscape and Maintenance enhancements include purchase and installation of pole banners and other branded expressions which serve to showcase shopping opportunities while presenting a cohesive image of community pride; pursuit of grant opportunities to construct features around the District that celebrate the history and unique vitality of Carmichael.

    Expenses $65,496

  • Economic Enhancements focus on increasing business sales in an effort to attract new establishments, and increase occupancy and rental rates. Economic Enhancements include funding business publicity opportunities, funding marketing programs, and supporting the business community with ways to increase sales and area appeal of District to daily commuters, greater area residents, and regular visitors.

    Expenses $44,220

  • Advocacy and Image aims to increase awareness of the District through distribution of information via printed pamphlets, electronic communication, and community networking. Advocacy and Image includes paid advertising locally and online, and grant programs for community businesses.

    Expenses $4,872

As filed on the 2023 return.

Listed in Part VII

  • Rebekah Evans

    Executive Director

    Total calculated
    $92,214
    From this org
    $82,966
    From related orgs
    $0
    Other
    $9,248
    Hours/week
    40
  • Gregg Jones

    Member

    Total calculated
    $0
    Hours/week
    3
  • Curt Pearson

    Member

    Total calculated
    $0
    Hours/week
    3
  • Izzy Delancy

    Director

    Total calculated
    $0
    Hours/week
    3
  • Eric Price

    Member

    Total calculated
    $0
    Hours/week
    3
  • Mark Ruiz

    Member

    Total calculated
    $0
    Hours/week
    3
  • Vanessa McCarthy-Olmstead

    Executive Committee

    Total calculated
    $0
    Hours/week
    6.5
  • Mike Blondino

    Member

    Total calculated
    $0
    Hours/week
    3
  • Nicholas Bloise

    Chair

    Total calculated
    $0
    Hours/week
    18
  • Joe Covington

    Treasurer

    Total calculated
    $0
    Hours/week
    5.5
  • Rosie Buck

    Secretary

    Total calculated
    $0
    Hours/week
    12.5

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202443209349326044

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