Nonprofit · EIN 77-0097315
OLD MONTEREY BUSINESS ASSOCIATES
Tax-exempt · MONTEREY, CA 93940
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $341,720 | $337,259 | $4,461 | $341,647 | $1,974 | $339,673 |
| December 31, 2024 | 990 | $362,155 | $352,121 | $10,034 | $337,497 | $2,285 | $335,212 |
| December 31, 2023 | 990 | $355,587 | $307,028 | $48,559 | $327,514 | $2,336 | $325,178 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $130,201
- of which government grants
- $130,201
- Program service revenue
- $211,519
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $12,500
- Other salaries and wages
- $96,712
- Salaries, compensation and benefits (total)
- $180,431
- Professional fundraising fees
- $0
- Occupancy
- $42,925
- Travel
- $34
- Program services (functional)
- $189,798
- Management and general (functional)
- $147,461
Balance sheet and other
- Total assets, start of year
- $337,497
- Total assets, end of year
- $341,647
- Total liabilities, end of year
- $1,974
- Net assets, end of year
- $339,673
- Net assets without donor restrictions
- $339,673
- Gross receipts
- $341,720
- Employees
- 10
- Year formed
- 1994
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SABRINA HILTUNEN | EXECUTIVE DI Trustee or director, Officer | 40 | $12,500 |
| STUART BECK | TRUSTEE Trustee or director | 2 | $0 |
| LAUREN COHEN | INTERIM PRES Trustee or director, Officer | 2 | $0 |
| JEFFREY ST CYR | TRUSTEE Trustee or director | 2 | $0 |
| CAROLYN B HARRIS | TRUSTEE Trustee or director | 2 | $0 |
| RYAN LAMA | SECRETARY/TR Trustee or director | 2 | $0 |
| ABDALLAH MANASEER | TRUSTEE Trustee or director | 2 | $0 |
| MIKE MAROTTA | TRUSTEE Trustee or director | 2 | $0 |
| STACIA NICOLE | TRUSTEE Trustee or director | 2 | $0 |
| MICHELE PEARCE | TRUSTEE Trustee or director, Officer | 2 | $0 |
| J DIEGO QUEVEDO | TRUSTEE Trustee or director | 2 | $0 |
| TROY REIL | TRUSTEE Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PETER COFRESI | EXECUTIVE DI Trustee or director, Officer | 40 | $82,292 |
| JERRY ANDERSON | TRUSTEE Trustee or director | – | $0 |
| BARBARA BURKE | SECRETARY Trustee or director, Officer | – | $0 |
| LAUREN COHEN | VICE PRESIDE Trustee or director, Officer | – | $0 |
| JOHN CULCASI | TRUSTEE Trustee or director | – | $0 |
| SAHIN GUNSEL | TRUSTEE Trustee or director | – | $0 |
| CAROLYN B HARRIS | TRUSTEE Trustee or director | – | $0 |
| RYAN LAMA | TRUSTEE Trustee or director | – | $0 |
| RYAN MCCORMICK | TRUSTEE Trustee or director | – | $0 |
| ZANE MORTENSEN | TRUSTEE Trustee or director | – | $0 |
| MICHELE PEARCE | PRESIDENT Trustee or director, Officer | – | $0 |
| BRITTANI REID-BRISTOL | TRUSTEE Trustee or director | – | $0 |
| LISANNE SAWHNEY | TRUSTEE Trustee or director | – | $0 |
| ED SMITH | TRUSTEE Trustee or director | – | $0 |
| MELISSA THEONY | TRUSTEE Trustee or director | – | $0 |
| FRANCO VASQUEZ | TRUSTEE Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PETER COFRESI | EXECUTIVE DI Trustee or director, Officer | 40 | $77,292 |
| JERRY ANDERSON | TRUSTEE Trustee or director | – | $0 |
| BARBARA BURKE | SECRETARY Trustee or director, Officer | – | $0 |
| LAUREN COHEN | VICE PRESIDE Trustee or director, Officer | – | $0 |
| JOHN CULCASI | TRUSTEE Trustee or director | – | $0 |
| SAHIN GUNSEL | TRUSTEE Trustee or director | – | $0 |
| CAROLYN B HARRIS | TRUSTEE Trustee or director | – | $0 |
| RYAN LAMA | TRUSTEE Trustee or director | – | $0 |
| RYAN MCCORMICK | TRUSTEE Trustee or director | – | $0 |
| ZANE MORTENSEN | TRUSTEE Trustee or director | – | $0 |
| MICHELE PEARCE | PRESIDENT Trustee or director, Officer | – | $0 |
| BRITTANI REID-BRISTOL | TRUSTEE Trustee or director | – | $0 |
| LISANNE SAWHNEY | TRUSTEE Trustee or director | – | $0 |
| ED SMITH | TRUSTEE Trustee or director | – | $0 |
| MELISSA THEONY | TRUSTEE Trustee or director | – | $0 |
| FRANCO VASQUEZ | TRUSTEE Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 98 DEL MONTE AVE STE 201, MONTEREY, CA 93940-2381
- Principal officer (990 for 2025)
- SABRINA HILTUNEN, 98 DEL MONTE AVE STE 201, MONTEREY, CA 93940
- Signed the 990
- SABRINA HILTUNEN, EXECUTIVE DIRECTOR
- Phone
- (831) 655-8070
- Website
- OLDMONTEREY.ORG
- Return prepared by
- CAL ACCOUNTING PC
California records
California keeps its own records of charities and corporations. Search them by EIN 77-0097315 or by the name OLD MONTEREY BUSINESS ASSOCIATES.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
THE ASSOCIATION PROMOTES THE CENTRAL COMMERCIAL CORE OF MONTEREY TO MAKE VISITORS AND RESIDENTS AWARE OF THE RICH HISTORY OF THE CITY. MONTEREY WAS THE FIRST CAPITOL OF CALIFORNIA AND ITS OLDEST BUILDINGS DISPLAY THE ARCHITECTURE OF EARLY CALIFORNIA, BEFORE IT BECAME A STATE, AND ARE FULLY INCORPORATED INTO THE DOWNTOWN AREA.
Program accomplishments
- PROMOTION OF FARMERS MARKET IN DOWNTOWN MONTEREY. CONSULTATION WITH NEARBY PROMOTION DISTRICTS SUCH AS NEW MONTEREY AREA.Expenses $171,280
- SPECIAL EVENT PROMOTIONS - OMBA SPONSORS AND/OR FACILITATES FESTIVALS AND OTHER EVENTS WHICH ATTRACTS VISITORS AND BRINGS RESIDENTS DOWNTOWN. THESE INCLUDE A FOURTH OF JULY PARADE, MAIN STREET CAR SHOWS, 50 FARMERS' MARKETS EACH YEAR, OPEN AIR ART SHOWS, MUSIC FESTIVALS AND OTHER EVENTS WHICH ARE DESIGNED TO ATTRACT VISITORS AND RESIDENTS.
- MEDIA ADVERTISING - OLD MONTEREY BUSINESS ASSOCIATION OMBA PROMOTES THE DOWNTOWN AREA OF MONTEREY THROUGH RADIO, TELEVISION AND PRINT MEDIA. OMBA ALSO SUPPORTS THE VISITOR'S BUREAU AND LOCAL CHAMBER OF COMMERCE. A PROMOTION COMMITTEE DIRECTS THESE ADVERTISING AND PROMOTION CAMPAIGNS.Expenses $17,351
- HISTORIC PRESERVATION - OMBA COORDINATES THE DISSEMINATION OF HISTORICAL INFORMATION ABOUT MONTEREY AMONG CALIFORNIA STATE PARKS, THE NATIONAL TRUST OF HISTORICAL PRESERVATION AND THE PATH OF HISTORY PUBLICATION IN AN EFFORT TO ATTRACT VISITORS AND RESIDENTS DOWNTOWN. OMBA ESTABLISHES VARIOUS EVENTS SUCH AS ART IN THE ADOBES, WHICH FOCUSES ON THE HISTORICAL BUILDINGS IN THE CITY. OMBA IS AN ACCREDITED NATION MAIN STREET PROGRAM THROUGH THE NATIONAL TRUST FOR HISTORIC PRESERVATION AND THE CALIFORNIA MAIN STREET ALLIANCE.Expenses $1,167
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 77-0097315
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1988
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $341,647
- Income (IRS master file)
- $341,720
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $341,720 | $337,259 | $341,647 | XML |
| 990 | December 2024 | $362,155 | $352,121 | $337,497 | XML |
| 990 | December 2023 | $355,587 | $307,028 | $327,514 | XML |
| 990 | December 2022 | $397,157 | $330,421 | $286,562 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 77-0097315).
Questions about OLD MONTEREY BUSINESS ASSOCIATES
- What is the EIN of OLD MONTEREY BUSINESS ASSOCIATES?
- The employer identification number (EIN) of OLD MONTEREY BUSINESS ASSOCIATES is 77-0097315.
- Is OLD MONTEREY BUSINESS ASSOCIATES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1988.
- Are donations to OLD MONTEREY BUSINESS ASSOCIATES tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does OLD MONTEREY BUSINESS ASSOCIATES file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of OLD MONTEREY BUSINESS ASSOCIATES due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OLD MONTEREY BUSINESS ASSOCIATES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of OLD MONTEREY BUSINESS ASSOCIATES?
- The 990 for the year ended December 31, 2025 names SABRINA HILTUNEN.
- Who are the officers and directors of OLD MONTEREY BUSINESS ASSOCIATES?
- The 990 for the year ended December 31, 2025 lists 12 people; 1 received compensation from the organization, the highest $12,500 (SABRINA HILTUNEN, EXECUTIVE DI).
- How much revenue does OLD MONTEREY BUSINESS ASSOCIATES have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $341,720, expenses of $337,259 and total assets of $341,647 at year end.
Other nonprofits in MONTEREY
- COMMUNITY HOSPITAL OF THE MONTEREY PENINSULA EIN 94-0760193 · last filed 990 for 2024
- MONTEREY BAY AQUARIUM FOUNDATION EIN 94-2487469 · last filed 990 for 2024
- EDWARD M DOWD FOUNDATION EIN 85-2105615 · last filed 990-PF for 2025
- ASPIRE HEALTH PLAN EIN 46-1567681 · last filed 990 for 2024
- COMMUNITY FOUNDATION FOR MONTEREY COUNTY EIN 94-1615897 · last filed 990 for 2024
- MONTAGE HEALTH EIN 94-2789696 · last filed 990 for 2024
- UNIVERSITY CORPORATION AT MONTEREY BAY EIN 77-0387459 · last filed 990 for 2025
- MONTAGE MEDICAL GROUP EIN 26-4826604 · last filed 990 for 2024