Salinas City Center Improvement As… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

Audrey Wardwell

Phone

8319051422

Tax Period

2023-12-01 to 2024-11-30

Salinas City Center Improvement Association, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $577K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $545K left a modest 6% surplus.

Mission

(A) To bring about the revitalization of the Downtown Salinas Area.(B) To bring about the investment of private and public capital within the Downtown Salinas area, for public benefit and charitable purposes.

Program Service Accomplishments

Program 1

Expenses: $212,783 Revenue: $267,518

Sidewalk Operation, Beautification and Order (SOBO)The SOBO Committee works towards making the District an even safer, more family-friendly place, by overseeing private security and working...

Sidewalk Operation, Beautification and Order (SOBO)The SOBO Committee works towards making the District an even safer, more family-friendly place, by overseeing private security and working hand-in-hand in coordination with the Salinas Police Department. This coordination ensures that the district is as welcoming as possible. Additionally, the Committee works on further beautifying the district and keeping it clean for the enjoyment of all.

Program 2

Expenses: $121,484 Revenue: $98,090

District Identity and Streetscape Improvements (DISI)The DISI committee works on branding the District as a fun and safe atmosphere for families, young professionals, business owners, and employees in the area. The goal of this branding effort is to make downtown Salinas a more attractive place for locals to come for entertainment, for people opening new businesses, for businesses to relocate to, and even for people to live within the District. This effort will focus on the historical charm of the District, along with new and exciting growth opportunities like Ag-tech, and bring in more entertainment and create an enjoyable night life focused on the amazing cultural diversity of the Salinas Valley.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $577,061

Investment Income $0

Other Revenue $0

TOTAL REVENUE $577,061

Expense Breakdown

Grants Paid $0

Salaries & Benefits $156,259

Fundraising Expenses $0

Program Expenses $334,267

Other Expenses $388,677

TOTAL EXPENSES $544,936

Year-over-Year Comparison

	2023	2022	Change
Revenue	$577,061	$616,116	-0.1%
Expenses	$544,936	$594,741	-0.1%
Net Income	$32,125	$21,375	+0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Steve Ish	Director	2.00	Director	$0	$0	$0
Frank Saunders	Director	2.00	Director	$0	$0	$0
Greg Piini	Treasurer	5.00	Officer Director	$0	$0	$0
Audrey Wardwell	President	5.00	Officer Director	$0	$0	$0
Amy Salmina	Vice President	5.00	Officer Director	$0	$0	$0
Jason Retterer	Director	2.00	Director	$0	$0	$0
Jay DeSherpa	Director	2.00	Director	$0	$0	$0
Katy Castagna	Secretary	5.00	Officer Director	$0	$0	$0
Larry Bussard	Director	2.00	Director	$0	$0	$0
Peter Kasavan	Director	2.00	Director	$0	$0	$0
Ruth Rodriguez	Director	2.00	Director	$0	$0	$0
Tom Bennett	Director	2.00	Director	$0	$0	$0
Willette Jones	Director	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$577,061	$544,936	$375,903	$32,125
2023	$616,116	$594,741	$348,778	$21,375
2022	$459,775	$433,584	$332,403	$26,191
2021	$492,931	$434,044	$305,902	$58,887
2020	$455,973	$379,260	$257,398	$76,713
2019	$462,033	$417,169	$180,509	$44,864
2018	$458,458	$528,042	$140,438	$-69,584

Salinas City Center Improvement Association