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Filing year 2024

SOUTH LAKE BUSINESS ASSOCIATION

Pasadena, California·EIN 95-3225613·501(c)(6)
Total revenue
$765k
Total assets
$1.9M
Total expenses
$679k
Reported officers
12
Mission

THE SOUTH LAKE BUSINESS ASSOCIATION'S MISSION IS TO PROACTIVELY PROMOTE AND IMPROVE THE ECONOMIC INTEREST OF THE MEMBERSHIP OF THE SOUTH LAKE PROPERTY BUSINESS IMPROVEMENT DISTRICT (PBID). THE PURPOSE OF THIS DISTRICT IS TO CONTINUE TO PROVIDE AND MANAGE SUPPLEMENTAL SERVICES AND IMPROVEMENTS FOR THIS IMPORTANT BUSINESS CENTER, INCLUDING A "CLEAN AND SAFE" PROGRAM, A PROFESSIONAL MARKETING AND BUSINESS PROMOTION PROGRAM AND A PROGRAM TO ENHANCE THE PHYSICAL ENVIRONMENT AND AMENITIES THROUGHOUT THE SOUTH LAKE AVENUE DISTRICT.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Director
Median to 75th percentile
$145k
$155k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Up 4%
from 2023

From $139k in 2023 to $145k in 2024.

$139k
2023
$145k
2024
In today's dollarsEst.
Up 1% in real terms$153k to $155k

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 4% from 2023 to 2024, while revenue fell 1%.

$139k in 2023 to $145k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

SOUTH LAKE BUSINESS ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$773k
$682k
2023
$765k
$679k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about SOUTH LAKE BUSINESS ASSOCIATION

What does the Chief Executive Officer of SOUTH LAKE BUSINESS ASSOCIATION earn?

In 2024, the Chief Executive Officer of SOUTH LAKE BUSINESS ASSOCIATION received $144,912 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at SOUTH LAKE BUSINESS ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at SOUTH LAKE BUSINESS ASSOCIATION falls between the median and the 75th percentile.

What are SOUTH LAKE BUSINESS ASSOCIATION's revenue and expenses?

In 2024, SOUTH LAKE BUSINESS ASSOCIATION reported $765k in total revenue and $679k in total expenses on its IRS Form 990.

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