Nonprofit · EIN 94-3287252
LAKESHORE AVENUE BUSINESS IMPROVEMENT DISTRICT
Tax-exempt · OAKLAND, CA 94610
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $246,921 | $208,719 | $38,202 | $49,009 | $829 | $48,180 |
| December 31, 2024 | 990 | $235,378 | $251,833 | -$16,455 | $11,613 | $1,635 | $9,978 |
| December 31, 2023 | 990 | $209,557 | $200,101 | $9,456 | $50,490 | $0 | $50,490 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,200
- Program service revenue
- $245,109
- Investment income
- $612
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $22,343
- Salaries, compensation and benefits (total)
- $22,343
- Professional fundraising fees
- $0
- Legal fees
- $750
- Accounting fees
- $8,600
- Program services (functional)
- $192,033
- Management and general (functional)
- $15,400
- Fundraising (functional)
- $1,286
Balance sheet and other
- Total assets, start of year
- $11,613
- Total assets, end of year
- $49,009
- Total liabilities, end of year
- $829
- Net assets, end of year
- $48,180
- Net assets without donor restrictions
- $48,180
- Gross receipts
- $246,921
- Employees
- 0
- Volunteers
- 58
- Year formed
- 1999
- 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 |
|---|---|---|---|
| Racheal Knight-Scott | Co-Director Officer | 7 | $13,387 |
| Carol Knight | Co-Director Officer | 7 | $8,956 |
| Victoria Fong | Co-President Trustee or director, Officer | 1 | $0 |
| Barry Gilbert | Co-President Trustee or director, Officer | 1 | $0 |
| Phing Yamamoto | Vice President Trustee or director, Officer | 1 | $0 |
| Kelsey Heath | Secretary/Pres. Trustee or director, Officer | 4 | $0 |
| Theresa Ellis | Treasurer Trustee or director, Officer | 4 | $0 |
| Marissa Betts | Sec/Member Trustee or director, Officer | 1 | $0 |
| Joe Hawkins | Merchant Repres Trustee or director | 1 | $0 |
| Walter Chui | Merchant Repres Trustee or director | 1 | $0 |
| Ilana Friedkin | Board Member Trustee or director | 1 | $0 |
| Brad Banker | Board Member Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Racheal Knight-Scott | Co-Director Officer | 8.1 | $14,356 |
| Carol Knight | Co-Director Officer | 8.1 | $11,975 |
| Victoria Fong | Co-President Trustee or director, Officer | 2 | $0 |
| Barry Gilbert | Co-President Trustee or director, Officer | 2 | $0 |
| Phing Yamamoto | Vice President Trustee or director, Officer | 2 | $0 |
| Kelsey Heath | Secretary Trustee or director, Officer | 2 | $0 |
| Theresa Ellis | Treasurer Trustee or director, Officer | 2 | $0 |
| Marissa Betts | Board Member Trustee or director | 2 | $0 |
| Joe Hawkins | Board Member Trustee or director | 2 | $0 |
| Walter Chui | Board Member Trustee or director | 2 | $0 |
| James Breeden | Board Member Trustee or director | 2 | $0 |
| Ilana Friedkin | Board Member Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Barry Gilbert | Co-President Trustee or director | 2 | $0 |
| Marissa Betts | Director Trustee or director | 2 | $0 |
| Terri Ellis | Treasurer Trustee or director, Officer | 4 | $0 |
| Victoria Fong | Co-President Trustee or director, Officer | 4 | $0 |
| Kelsey Heath | Secretary Trustee or director | 2 | $0 |
| Phing Yamamoto | Vice President Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 3534 LAKESHORE AVE, OAKLAND, CA 94610-2223
- Principal officer (990 for 2025)
- Kelsey Heath
- Signed the 990
- Theresa Ellis, Treasurer
- Phone
- (530) 210-5854
- Website
- www.lakeshoreavenue.com
- Return prepared by
- Crosby & Kaneda CPAs LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 94-3287252 or by the name LAKESHORE AVENUE BUSINESS IMPROVEMENT DISTRICT.
- 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 organization's efforts enhance the attractiveness of the business district to shoppers and merchants through its maintenance, beautification and security programs.
Program accomplishments
- The Lakeshore Avenue Business Improvement District exists to promote the Lakeshore Avenue business district through beautification programs and promote convenience and security for shoppers.Expenses $192,033 · revenue $245,109
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
- 94-3287252
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $49,009
- Income (IRS master file)
- $246,921
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $246,921 | $208,719 | $49,009 | XML |
| 990 | December 2024 | $235,378 | $251,833 | $11,613 | XML |
| 990 | December 2023 | $209,557 | $200,101 | $50,490 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | 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 94-3287252).
Questions about LAKESHORE AVENUE BUSINESS IMPROVEMENT DISTRICT
- What is the EIN of LAKESHORE AVENUE BUSINESS IMPROVEMENT DISTRICT?
- The employer identification number (EIN) of LAKESHORE AVENUE BUSINESS IMPROVEMENT DISTRICT is 94-3287252.
- Is LAKESHORE AVENUE BUSINESS IMPROVEMENT DISTRICT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1999.
- Are donations to LAKESHORE AVENUE BUSINESS IMPROVEMENT DISTRICT tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LAKESHORE AVENUE BUSINESS IMPROVEMENT DISTRICT 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 LAKESHORE AVENUE BUSINESS IMPROVEMENT DISTRICT 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 LAKESHORE AVENUE BUSINESS IMPROVEMENT DISTRICT 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 LAKESHORE AVENUE BUSINESS IMPROVEMENT DISTRICT?
- The 990 for the year ended December 31, 2025 names Kelsey Heath.
- Who are the officers and directors of LAKESHORE AVENUE BUSINESS IMPROVEMENT DISTRICT?
- The 990 for the year ended December 31, 2025 lists 12 people; 2 received compensation from the organization, the highest $13,387 (Racheal Knight-Scott, Co-Director).
- How much revenue does LAKESHORE AVENUE BUSINESS IMPROVEMENT DISTRICT have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $246,921, expenses of $208,719 and total assets of $49,009 at year end.
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