SALINAS PUBLIC FACILITIES INC

EIN: 812653753 501(c)(3) Community Improvement

SEATTLE, WA

Total Revenue
$2,286,982
Total Expenses
$2,794,633
Total Assets
$46,368,066
Net Assets
$2,551,381
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
CA
Principal Officer
JOHN FINKE
Phone
2066188864
Tax Period
2024-07-01 to 2025-06-30

SALINAS PUBLIC FACILITIES INC, founded in 2016, is a community nonprofit in the Community Improvement sector that reported $2.3M in total revenue in fiscal year 2024. Expenses of $2.8M exceeded revenue, resulting in a 22% operating deficit.

Mission

SUPPORTING ORGANIZATION TO THE CITY OF SALINAS, CALIFORNIA. THE ORGANIZATION OPERATES IN SUPPORT OF THE CITY OF SALINAS BY CARRYING OUT THE FOLLOWING ACTIVITIES: (1) TO ASSIST IN THE ERECTION AND MAINTENANCE OF PUBLIC BUILDINGS, MONUMENTS, FACILITIES, HOUSING, OR WORKS; (2) TO COMBAT COMMUNITY DETERIORATION AND TO CARRY OUT NEIGHBORHOOD REVITALIZATION AND COMMUNITY ECONOMIC DEVELOPMENT; (3) TO PROMOTE SOCIAL WELFARE AND EDUCATION THROUGH COOPERATIVE PROGRAMS WITH GOVERNMENTAL ENTITIES AND CHARITABLE AND OTHER COMMUNITY ORGANIZATIONS; (4) TO UNDERTAKE ACTIVITIES WHICH LESSEN THE BURDENS OF GOVERNMENT, AND TO CARRY ON OTHER CHARITABLE ACTIVITIES ASSOCIATED WITH THE FOREGOING PURPOSES AS ALLOWED BY LAW.

Program Service Accomplishments

Program 1
Expenses: $2,760,072 Revenue: $2,242,778

UNDERTAKING CERTAIN ACTIVITIES IN CONNECTION WITH THE FINANCING, CONSTRUCTION AND OPERATION OF A NEW PUBLIC SAFETY BUILDING, AND A NEW PUBLIC LIBRARY BUILDING TO SUPPORT THE CITY OF SALINAS...

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UNDERTAKING CERTAIN ACTIVITIES IN CONNECTION WITH THE FINANCING, CONSTRUCTION AND OPERATION OF A NEW PUBLIC SAFETY BUILDING, AND A NEW PUBLIC LIBRARY BUILDING TO SUPPORT THE CITY OF SALINAS, CALIFORNIA.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,242,778
Investment Income $44,204
Other Revenue $0
TOTAL REVENUE $2,286,982

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,760,072
Other Expenses $2,794,633
TOTAL EXPENSES $2,794,633

Year-over-Year Comparison

2024 2023 Change
Revenue $2,286,982 $2,359,358 0.0%
Expenses $2,794,633 $2,913,582 0.0%
Net Income $-507,651 $-554,224 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
2
Employees
N/A
Volunteers
2

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
4
$658,666
Total Directors
5
$658,666
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN FINKE PRESIDENT 4.00
Officer Director
$0 $13,167 $342,334
ERIN BIRKENKOPF VP, SECRETARY, TREASURER 4.00
Officer Director
$0 $6,083 $158,166
MATT CALCAVECCHIA VICE PRESIDENT 4.00
Officer Director
$0 $6,083 $158,166
MARK ROBERTS DIRECTOR 0.50
Director
$0 $0 $0
MATT COONEY VICE PRESIDENT 4.00
Officer 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
2025 $2,286,982 $2,794,633 $46,368,066 $-507,651
2024 No data No data No data No data
2023 $2,338,636 $2,905,449 $54,616,421 $-566,813
2022 $2,964,772 $2,946,169 $58,513,292 $18,603
2021 $6,357,794 $4,862,599 $71,107,381 $1,495,195
2020 $8,084,831 $3,794,375 $74,542,464 $4,290,456
2019 $1,318,126 $4,213,328 $79,716,990 $-2,895,202
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