Main Street Calumet Inc is located in Calumet, MI. The organization was established in 2005. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Main Street Calumet Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Main Street Calumet Inc generated $48.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $53.0k during the year ending 12/2021. While expenses have increased by 15.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
MAIN STREET CALUMET PROMOTES LOCAL PRIDE AND PRESERVATION, HOSTS NEW AND INNOVATIVE EVENTS, AND SUPPORTS BUSINESS DEVELOPMENT AND RETENTION IN OUR COMMUNITY.
MAIN STREET CALUMET PROMOTES LOCAL PRIDE AND PRESERVATION, HOSTS NEW AND INNOVATIVE EVENTS, AND SUPPORTS BUSINESS DEVELOPMENT AND RETENTION IN OUR COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Leah Polien Executive Dir. | 30 | $5,872 | |
Robert Langseth Chairman | 1 | $0 | |
Lynette Webber Trustee | 1 | $0 | |
Ashley Tenharmsel Treasurer | 2 | $0 | |
Ani Schneiderhan Trustee | 1 | $0 | |
Amber Goodman Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $23,996 |
Total Program Service Revenue | $0 |
Membership dues | $11,258 |
Investment income | $2 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $13,348 |
Other Revenue | $72 |
Total Revenue | $48,676 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $6,412 |
Professional fees and other payments to independent contractors | $1,547 |
Occupancy, rent, utilities, and maintenance | $4,734 |
Printing, publications, postage, and shipping | $7,901 |
Other expenses | $32,453 |
Total expenses | $53,047 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $15,133 |
Other assets | $0 |
Total assets | $31,786 |
Total liabilities | $1,413 |
Net assets or fund balances | $30,373 |
Over the last fiscal year, we have identified 3 grants that Main Street Calumet Inc has recieved totaling $20,711.
Awarding Organization | Amount |
---|---|
Portage Health Foundation Hancock, MI PURPOSE: FOOD SUPPORT | $18,211 |
James A Ruppe Foundation Chicago, IL PURPOSE: HISTORICAL PRESERVATION | $2,000 |
F B Heron Foundation New Milford, CT PURPOSE: GENERAL SUPPORT | $500 |
Organization Name | Assets | Revenue |
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Walnut Hills Redevelopment Foundation Inc Cincinnati, OH | $7,399,538 | $1,025,062 |
Midtown Detroit Inc Detroit, MI | $6,098,841 | $4,938,478 |
Bellvue Gardens Community Urban Redevelopment Corporation Cincinnati, OH | $29,237,042 | $3,964,847 |
Detriot Economic Growth Association Detroit, MI | $6,651,865 | $5,567,044 |
Downtown Cleveland Improvementcorporation Cleveland, OH | $5,269 | $4,399,889 |
West Central Indiana Economic Development District Inc Terre Haute, IN | $2,629,970 | $4,624,225 |
Common Wealth Development Inc Madison, WI | $16,900,042 | $3,774,568 |
Renaissance Development Fund Benton Harbor, MI | $26,943,889 | $2,827,375 |
Ohio Capital Finance Corporation Columbus, OH | $139,771,046 | $8,872,596 |
The Columbus Partnership Columbus, OH | $3,736,612 | $3,353,265 |
Bounce Innovation Hub Akron, OH | $1,997,526 | $3,096,844 |
Evansville Vanderburgh County Convention & Visitors Bureau Inc Evansville, IN | $5,490,585 | $3,551,749 |