About balboa island Improvement association

While the BALBOA ISLAND IMPROVEMENT ASSOCIATION has been in existence since before 1918, it was not incorporated until December 16, 1952 in the State of California as a General Nonprofit Corporation “To provide a non-partisan, non-profit instrument through which the property owners of Balboa Island can work creatively together to promote the common good, to study and give public consideration to the problems and the interests of Balboa Island.” On the same date, the Franchise Tax Board of the State of California declared the BIIA exempt from State franchise tax being organized and operated exclusively as a civic league, and files an annual Statement of Domestic Nonprofit Corporation. The BIIA files an annual federal Return of Organization Exempt From Income Tax. Thus, while the BIIA is exempt from state and federal income taxes , any moneys paid to the BIIA are not deductible as charitable contributions by the donor/payor whether paid as membership fees, cash contributions, event sponsorships, or the purchase of products or tickets to events, but they may be deductible as advertising expense by the donor/payor if justified .
The Bylaws of the BIIA provide that membership shall include all members of an island household, 18 years of age and older, and a member must meet at least one of the following qualifications:
(a) Own property on Balboa Island
(b) Reside on Balboa Island
(c) Own a business on Balboa Island
(d) Be an employee of a business on Balboa Island
(e) Provide Professional services on Balboa Island .
The annual membership fees ( dues ) are optional at $50, $100, $250, $500 or $1,000. If a member joins as a business, the owners are also listed as a family member. The list of members, and, a separate list of business members, is printed in the bi-monthly BIIA newsletter, ISLAND BRIDGE , in the order of the highest amount of dues paid.
Non-deductible donations may be made to the BIIA to support or sponsor its various activities.
MEMBERSHIP APPLICATION
Welcome to Balboa Island :