Simsbury Main Street Partnership Inc
- Assets
- $55.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Simsbury, CT
- Founding
- 08/1996
- Data as of
- 12/2022
- EIN
- 06-1447125
Organization Overview
Simsbury Main Street Partnership Inc is located in Simsbury, CT. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Simsbury Main Street Partnership 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 12/2022, Simsbury Main Street Partnership Inc generated $83.1k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $77.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard J Correia President | 0 | $0 | |
Bryan Devoe Vice Preside | 0 | $0 | |
Name Not Listed Treasurer | 0 | $0 | |
Sarah J Floroski Executive Di | 0 | $59,800 | |
Bill Daum Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,674 |
| Total Program Service Revenue | $3,340 |
| Membership dues | $0 |
| Investment income | $31 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,067 |
| Other Revenue | $0 |
| Total Revenue | $83,112 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $64,722 |
| Professional fees and other payments to independent contractors | $4,533 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $302 |
| Other expenses | $8,195 |
| Total expenses | $77,752 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,346 |
| Other assets | $0 |
| Total assets | $55,346 |
| Total liabilities | $62 |
| Net assets or fund balances | $55,284 |