Irvine Spectrum Transportation Management Assoc
IRVINE, CA
Total revenue
$702K
Total expenses
$746K
Net assets
$956K
Grants received
—
EIN
330200249
Tax year
2024
Mission
The specific and primary purposes of the association are to bring about civic betterment and social improvements by providing for transportation management and services to promote ridesharing by its members' employees and tenants to address local transportation problems in the entire community on certain real property located in the geographic area of irvine, calif. Known as the irvine spectrum.among the general purposes is to promote the common good, health, safety, and general welfare of all drivers within the community. The area is comprised of approximately 1,700 acres and is home to over 3,800 companies employing in excess of 116,000 people. The association was formed to facilitate employers, developers, building owners, local government representative, and others within irvine spectrum to work together and collectively establish policies, programs, and services to reduce car traffic in the area.
Programs
2 programs
The city of irvine ("city") expanded its "ishuttle" service to the irvine spectrum area to serve the area employees and residents by connecting them via shuttle services to irvine station. In september 2011, the city and the association entered into an agreement to become funding partners for expenditures towards the operation and maintenance, bus purchase and replacement, and support costs of the irvine spectrum area service. The agreement called for a total of $283,000 funding from the association. Upon final payment of $38,000 in march 22014, the city and the association agreed to further funding commitments of $120,000 payable in three years, with quarterly payments of $10,000 each, commencing on september 30, 2014.
Transit pass subsidythe association subsidizes the cost of an orange county transit authority 30-day pass for all new bus riders in an effort to attract new rideshare participants.commuter rail pass subsidythe association subsidizes the cost of one monthly metrolink pass, or five-day flex pass for all new train riders to attract new rideshare participants.vanpool subsidythe association subsidizes the second-month costs of a new vanpool participant to attract new rideshare participants to attract new rideshare participants.
Financials
FY 2024
Revenue
Expenses
People
11 listed
LATASHA LOVER
VICE PRESIDENT
—
2 hrs/wk
GOLDA EGGE
TREASURER
—
2 hrs/wk
RONALD WAGNER
BOARD MEMBER
—
2 hrs/wk
MIGUEL ARIAS
BOARD MEMBER
—
2 hrs/wk
HOLLY MCMANUS
PRESIDENT
—
2 hrs/wk
MERCY CORDERO
BOARD MEMBER
—
2 hrs/wk
MIKE DAVIS
MEMBER EX-OFICIO
—
2 hrs/wk
KATHY DEMPSEY
BOARD MEMBER
—
2 hrs/wk
JASON GOROSPE
BOARD MEMBER
—
2 hrs/wk
RYAN ARMSTRONG
MEMBER EX-OFICIO
—
2 hrs/wk
KELLY VASQUEZ
EXECUTIVE DIRECTOR
$153K
40 hrs/wk