Shelburne Falls Area Business Association is located in Shelburne Falls, MA. The organization was established in 1996. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2020, Shelburne Falls Area Business Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shelburne Falls Area Business Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2020, Shelburne Falls Area Business Association generated $32.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (24.8%) each year. All expenses for the organization totaled $8.8k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (40.0%) per year over the past 6 years. 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
2020
Describe the Organization's Program Activity:
Part 3
MEMBER SERVICES INCLUDES WEBSITE DEVELOPMENT, MAINTENANCE, AND UPDATEING; PLACE MAP BROCHURE CREATION, PRINTING, AND DISTRIBUTION; MARKETING AND ADVERTISING ACTIVITIES; ADVOCACY; TRAINING; WORKSHOPS AND NETWORKING OPPORTUNITIES; AND REGIONAL TOURISM ACTIVITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Baldwin President | 0 | $0 | |
John Taylor Treasurer | 0 | $0 | |
Whit Sanford Secretary | 0 | $0 | |
Eric Grant Past Preside | 0 | $0 | |
Amy Shapiro Director | 0 | $0 | |
Adriana Isaza Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $32,901 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$90 |
Other Revenue | $0 |
Total Revenue | $32,811 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $968 |
Professional fees and other payments to independent contractors | $2,830 |
Occupancy, rent, utilities, and maintenance | $1,556 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $3,453 |
Total expenses | $8,807 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $4,037 |
Other assets | $0 |
Total assets | $4,037 |
Total liabilities | $21,815 |
Net assets or fund balances | -$17,778 |