Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1992.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
77 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
14 people listed on the 990.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2023 | FY2022 |
|---|---|---|
| Nancy Martinez | $80,491 | $77,000 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Benicia First Corporation executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Supports and promotes businesses located on First Street.
Questions for Benicia First Corporation
Your first name shows with your question. Benicia First Corporation answers here, for everyone.
Organization promotes businesses on first street with activities that draw attention to the downtown area. Various endeavors are done to promote the public to buy goods and services from downtown businesses and to make the area a destination place for citizens and tourists.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $108K | $144K |
| Land, buildings, equipmentLn 10c | $30K | $30K |
| Total assetsLn 16 | $151K | $184K |
| LiabilitiesLn 26 | $66K | $106K |
| Net assetsLn 32 | $85K | $78K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $81K | $65K | $12K | $4K |
| Other salaries and wagesLn 7 | $65K | $52K | $10K | $3K |
| Pension plan contributionsLn 8 | $2K | $2K | $364 | $121 |
| Other employee benefitsLn 9 | $3K | $2K | $446 | $149 |
| Payroll taxesLn 10 | $12K | $9K | $2K | $591 |
| Accounting feesLn 11c | $10K | $10K | ||
| Advertising and promotionLn 12 | $12K | $11K | $1K | |
| Office expensesLn 13 | $26K | $16K | $9K | $947 |
| Information technologyLn 14 | $2K | $2K | $341 | $114 |
| OccupancyLn 16 | $8K | $6K | $1K | $385 |
| Conferences, conventions and meetingsLn 19 | $160 | $160 | ||
| InsuranceLn 23 | $8K | $8K | ||
| Other expenses (24a–d)Ln 24 | $94K | $82K | $11K | $193 |
| All other expensesLn 24e | $31K | $26K | $3K | $2K |
| Total functional expensesLn 25 | $355K | $274K | $67K | $13K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest ViewingFiled with the IRS Nov 22, 2025 | $350K | $355K | −$5K | $78K | 990 PDF |
| FY2023Filed with the IRS Oct 29, 2024 | $386K | $352K | $34K | $85K | 990 PDF |
| FY2022Filed with the IRS Oct 13, 2023 | $330K | $330K | −$57 | $75K | 990 PDF |
| FY2021Filed with the IRS Nov 8, 2022 | $278K | $250K | $28K | $75K | 990 PDF |
| FY2020Filed with the IRS Aug 27, 2021 | $238K | $269K | −$31K | $38K | 990 PDF |
Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $349,711 revenue, 12 lines filed
Part VI · Governance 11 of 11 board members independent, 4 to look at
Part VIII · Statement of revenue $349,711 across 6 lines filed
Part IX · Statement of functional expenses $354,687 across 14 lines filed
Part X · Balance sheet $183,503 assets, 11 lines filed
Part XI · Reconciliation of net assets $77,741 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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