TY 2014 Form 990EZ


	1	Contributions, gifts, grants, and similar amounts received...............	1	93,871
2	Program service revenue including government fees and contracts ............	2
3	Membership dues and assessments......................	3
4	Investment income...........................	4
5a	Gross amount from sale of assets other than inventory........	5a
b	Less: cost or other basis and sales expenses...........	5b	0
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000) .	6a
b	Gross income from fundraising events (not including $ of contributions from fundraising events reported on line 1) (attach Schedule G if the
	sum of such gross income and contributions exceeds $15,000)	6b	22,673
c	Less: direct expenses from gaming and fundraising events.......	6c	0
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d	22,673
7a	Gross sales of inventory, less returns and allowances........	7a
b	Less: cost of goods sold.................	7b	1,554
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c	-1,554
8	Other revenue (describe in Schedule O) .....................	8	8,629
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8..............	9	123,619
	10	Grants and similar amounts paid (list in Schedule O) .................	10
11	Benefits paid to or for members........................	11
12	Salaries, other compensation, and employee benefits................	12
13	Professional fees and other payments to independent contractors............	13	3,075
14	Occupancy, rent, utilities, and maintenance...................	14	3,740
15	Printing, publications, postage, and shipping...................	15	20,880
16	Other expenses (describe in Schedule O) ....................	16	91,733
17	Total expenses. Add lines 10 through 16 .................	17	119,428
	18	Excess or (deficit) for the year (Subtract line 17 from line 9)............	18	4,191
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return)................	19	35,240
20	Other changes in net assets or fund balances (explain in Schedule O) ..........	20
21	Net assets or fund balances at end of year. Combine lines 18 through 20.........	21	39,431

Contributions, gifts, grants, and similar amounts received...............

93,871

Program service revenue including government fees and contracts ............

Membership dues and assessments......................

Investment income...........................

Gross amount from sale of assets other than inventory........

Less: cost or other basis and sales expenses...........

Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......

Gaming and fundraising events

Gross income from gaming (attach Schedule G if greater than $15,000) .

Gross income from fundraising events (not including $ of contributions
from fundraising events reported on line 1) (attach Schedule G if the Click to see attachment

sum of such gross income and contributions exceeds $15,000)

22,673

Less: direct expenses from gaming and fundraising events.......

Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)

22,673

Gross sales of inventory, less returns and allowances........

Less: cost of goods sold.................

1,554

Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........

-1,554

Other revenue (describe in Schedule O) .....................

8,629

Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8.............. Bullet

123,619

Grants and similar amounts paid (list in Schedule O) .................

Benefits paid to or for members........................

Salaries, other compensation, and employee benefits................

Professional fees and other payments to independent contractors............

3,075

Occupancy, rent, utilities, and maintenance...................

3,740

Printing, publications, postage, and shipping...................

20,880

Other expenses (describe in Schedule O) ....................

91,733

Total expenses. Add lines 10 through 16 ................. Bullet

119,428

Excess or (deficit) for the year (Subtract line 17 from line 9)............

4,191

Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with

end-of-year figure reported on prior year’s return)................

35,240

Other changes in net assets or fund balances (explain in Schedule O) ..........

Net assets or fund balances at end of year. Combine lines 18 through 20......... Bullet

39,431

Part IIIStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)
What is the organization's primary exempt purpose? Community Improvement Association
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 In 1918 the Balboa Island Improvement Association was started (and is still going strong). The BIIA was a strong motivating force in working with the City on bulkhead repair, ferry service, a sewer system, water, gas, electricity, paved streets and sidewalks, and street lighting. Balboa Island Improvement Association hosts several annual celebrations including the holiday boat parade, tree lighting, home tours, island parade and an art walk. (Grants $ 119,428) If this amount includes foreign grants, check here ...	28a
29 (Grants $ ) If this amount includes foreign grants, check here ...	29a
30 (Grants $ ) If this amount includes foreign grants, check here ...	30a
31 Other program services (describe in Schedule O) (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..........	32	119,428

Part IIIStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III .

Expenses
(Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)

What is the organization's primary exempt purpose? Community Improvement Association

Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.

28 In 1918 the Balboa Island Improvement Association was started (and is still going strong). The BIIA was a strong motivating force in working with the City on bulkhead repair, ferry service, a sewer system, water, gas, electricity, paved streets and sidewalks, and street lighting. Balboa Island Improvement Association hosts several annual celebrations including the holiday boat parade, tree lighting, home tours, island parade and an art walk.
(Grants $ 119,428) If this amount includes foreign grants, check here ... MediumBullet

28a

29
(Grants $ ) If this amount includes foreign grants, check here ... MediumBullet

29a

30
(Grants $ ) If this amount includes foreign grants, check here ... MediumBullet

30a

31 Other program services (describe in Schedule O)
(Grants $ ) If this amount includes foreign grants, check here... MediumBullet

31a

32 Total program service expenses (add lines 28a through 31a).......... bullet

119,428

(a) Name and title	(b) Average hours per week devoted to position	(c)Reportable compensation (Forms W-2/1099-MISC) (if not paid, enter -0-)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
Jeff Herdman President	20.00	0
Terry Janssen Vice President	10.00	0
Sue Sibley Secretary	2.00	0
Scott Sibley Treasurer	5.00	0
Ryan Gunderson Director	1.00	0
Jack Callahan Director	1.00	0
Tom Houston Director	1.00	0
Bill Longfield Director	1.00	0
Sue Olson Director	1.00	0
Kristine Taft Director	1.00	0
Ken Yonkers Director	1.00	0
Vicki Frank Director	1.00	0

(a) Name and title

(b) Average
hours per week
devoted to position

(c)Reportable compensation
(Forms W-2/1099-MISC) (if not paid, enter -0-)

(d) Health benefits, contributions to employee benefit plans,
and deferred compensation

(e) Estimated amount
of other compensation

Jeff Herdman
President

20.00

Terry Janssen
Vice President

10.00

Sue Sibley
Secretary

2.00

Scott Sibley
Treasurer

5.00

Ryan Gunderson
Director

1.00

Jack Callahan
Director

1.00

Tom Houston
Director

1.00

Bill Longfield
Director

1.00

Sue Olson
Director

1.00

Kristine Taft
Director

1.00

Ken Yonkers
Director

1.00

Vicki Frank
Director

1.00

(a) Name and title of each employee

(b) Average
hours per week
devoted to position

(c) Reportable compensation
(Forms W-2/1099-MISC)

(d) Health benefits, contributions to employee benefit plans, and deferred compensation

(e) Estimated amount of other compensation

NONE

(a) Name and business address of each independent contractor

(b) Type of service

(c) Compensation

NONE

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public
Inspection

Name of the organization

Balboa Island Improvement Association

Employer identification number

95-6085806

Return Reference	Explanation
Other Revenue.1	Sales $8629
Other Expenses.1001	Advertising and Promotion $2738
Other Expenses.1009	Depreciation $292
Other Expenses.1012	Insurance $3230
Other Expenses.2	Rent - equipment $10815
Other Expenses.3	Holiday decorations $9917
Other Expenses.4	Doggie bags $8118
Other Expenses.5	Awards and prizes $6547
Other Expenses.6	Supplies $5006
Other Expenses.7	Entertainment $4903
Other Expenses.8	Police services $4892
Other Expenses.9	Food and refreshments $4705
Other Expenses.10	Plants & Flowers - Real $4607
Other Expenses.11	Plants & Flowers - Artificial $2765
Other Expenses.12	Portable toilets $2516
Other Expenses.13	Christmas tree $2500
Other Expenses.14	Snow for Christmas $2436
Other Expenses.15	Decorations $2282
Other Expenses.16	Flags and banners $2279
Other Expenses.17	Miscellaneous $1624
Other Expenses.18	Gardening $1500
Other Expenses.19	Website $1435
Other Expenses.20	CERT supplies $1433
Other Expenses.21	Permits & Licenses $1388
Other Expenses.22	Staff T-shirts and badges $858
Other Expenses.23	Donations $750
Other Expenses.24	Art & Design $550
Other Expenses.25	Video Production $435
Other Expenses.26	Telephone $426
Other Expenses.27	Photography $200
Other Expenses.28	Repairs $147
Other Expenses.29	Misc. small equipment $133
Other Expenses.30	T-Shirts $98
Other Expenses.31	Bank charges $78
Other Expenses.32	Reimbursed Membership $70
Other Expenses.33	Taxes $60
Other Assets.1002	Furniture and Fixtures - Beginning $225 Furniture and Fixtures - Ending $161
Other Assets.1003	Machinery and Equipment - Beginning $796 Machinery and Equipment - Ending $568
Other Assets.1	Miscellaneous - Beginning $0 Miscellaneous - Ending $239

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2014

Additional Data

Software ID:	14000265
Software Version:	2014v5.0

Sign Here

	Signature of officer	Date

	Type or print name and title

a	Mail solicitations	e	Solicitation of non-government grants
b	Internet and email solicitations	f	Solicitation of government grants
c	Phone solicitations	g	Special fundraising events
d	In-person solicitations

(i) Name and address of individual or entity (fundraiser)	(iii) Did fundraiser have custody or control of contributions?
	Yes	No










Total .................

		(a) Event #1 Home Tour Tickets (event type)	(d) Total events (add col. (a) through col. (c))
1	Gross receipts . . .	22,673	22,673
2	Less: Contributions . .
3	Gross income (line 1 minus line 2) . . .	22,673	22,673
4	Cash prizes . . .
5	Noncash prizes . .
6	Rent/facility costs . .
7	Food and beverages .
8	Entertainment . . .
9	Other direct expenses .
10	Direct expense summary. Add lines 4 through 9 in column (d) ...........
11	Net income summary. Subtract line 10 from line 3, column (d)...........		22,673