San Jose Downtown Association
Nonprofit profile at a glance
- EIN
- 770149717
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- San Jose, CA, USA
- Phone
- 4082791775
- Rating confidence
- Limited
Reported finances
- Revenue
- $3,945,771
- Expenses
- $3,864,577
- Assets
- $1,721,019
- Liabilities
- $664,618
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
30 people listed
Executive titles in this filing
- EMILY RUVALCABA (PRESIDENT)
- ADOLF GOMEZ (VICE PRESIDENT)
- ALAN GUMBY MARQUES (IMMEDIATE PAST PRESIDENT)
- ALEXANDER STETTINSKI (CEO)
Highest reported compensation
- ALEXANDER STETTINSKI (CEO): $368,135 total reported compensation
- JUILIE CARLSON (DIRECTOR OF MARKETING): $126,864 total reported compensation
- NATHANIEL LEBLANC (DIRECTOR OF BUSINESS DEVELOPMENT): $123,511 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The san jose downtown association (sjda) represents business and property owners and works to enhance downtown's vitality and livability.
What it reported doing in 2024
The san jose downtown association pop up program, in partnership with moment, is a city of san jose-funded initiative designed to significantly lower the barrier of entry for local creative small businesses to establish a retail storefront in downtown san jose by providing affordable percentage-based rent terms. The program brings creative small businesses into previously vacant storefronts with the goal to transform empty, blighted spaces into vibrant retail destinations while giving entrepreneurs the opportunity to launch and grow a brick-and-mortar business.
Operating model
- Revenue model
- Earned-program. 80% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 73
- Accountability: 95
- Sustainability: 29
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 80%; rating input score 80; 0th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 73.2%; rating input score 73; 19th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 2.1%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 0.45; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 0.39; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 16.5%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 1.4% per year; rating input score 100; 17th percentile among comparable filings
- Asset growth: 3.7% per year; rating input score 100; 27th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 26 of 26 board members independent · 8 of 9 filing controls reported
- Programs: 4 filed program accomplishments
- Leadership: top reported pay $368K · 30 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 4 contractors listed · $727K reported
- Consistency: 11 of 13 current checks pass · 2 findings to review
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 5 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 41/100.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Officer compensation ratio scored 16/100.
- High — Sustainability: Liabilities to assets ratio scored 28/100.