Four Corners Main Street Inc
- Assets
- $195.2k
- Revenue
- $287.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Dorchester Center, MA
- Founding
- 12/2005
- Data as of
- 06/2022
- EIN
- 20-0862997
Organization Overview
Four Corners Main Street Inc is located in Dorchester Center, MA. The organization was established in 2005. According to its NTEE Classification (S30) the organization is classified as: 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. Four Corners Main Street 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 06/2022, Four Corners Main Street Inc generated $287.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.6% each year . All expenses for the organization totaled $195.3k during the year ending 06/2022. While expenses have increased by 15.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE URBAN ECONOMIC REVITALIZATION IN FOUR CORNERS, DORCHESTER THROUGH NEIGHBORHOOD PLANNING, ADVOCATING FOR PUBLIC AND PRIVATE INVESTMENT, STRENGTHENING BUSINESSES AND ENGAGING MULTIPLE STAKEHOLDERS TO PARTICIPATE IN THE PROCESS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSORED A WIDE VARIETY OF COMMUNITY BASED EVENTS TO FOSTER THE REVITALIZATION OF FOUR CORNERS, DORCHESTER BY CREATING A LIVELY AND DIVERSE BUSINESS DISTRICT. ASSISTED SMALL BUSINESSES BY SEEKING RESOURCES TO NURTURE AND CULTIVATE BOTH EXISTING AND NEW BUSINESSES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marilyn Forman President And Director | OfficerTrustee | 2 | $0 |
Alveta Haynes Treasurer And Director | OfficerTrustee | 2 | $0 |
William Perkins Clerk And Director | OfficerTrustee | 2 | $0 |
Heina Jean Marie Director | Trustee | 1 | $0 |
Theresa Latson Director | Trustee | 1 | $0 |
Reverend Brilton Levy Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $207,482 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $207,482 |
| Total Program Service Revenue | $80,000 |
| Investment income | $22 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $287,504 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $64,999 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,309 |
| Payroll taxes | $4,734 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,476 |
| Information technology | $2,084 |
| Royalties | $0 |
| Occupancy | $7,295 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,276 |
| Insurance | $2,829 |
| All other expenses | $96,256 |
| Total functional expenses | $195,258 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $127,940 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $48,017 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,247 |
| Total assets | $195,204 |
| Accounts payable and accrued expenses | $21,248 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $21,248 |
| Net assets without donor restrictions | $173,956 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $195,204 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Four Corners Main Street Inc has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
Boston Main Streets Foundation Boston, MA PURPOSE: TO REVITALIZE CITY OF BOSTON NEIGHBORHOOD MAIN STREETS | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Connecticut Institute For Communities Inc Danbury, CT | $23,773,882 | $36,794,150 |
Sports Fans Coalition Ny Inc Ronkonkoma, NY | $633,460 | $8,459,536 |
Greater Boston Convention And Tourist Bureau Inc Boston, MA | $3,175,283 | $8,778,402 |
Granite State Economic Development Corp Portsmouth, NH | $20,832,618 | $9,324,758 |
Structured Employment Economic Development Corporation New York, NY | $3,440,081 | $6,983,803 |
Nybdc Local Development Corporation Albany, NY | $39,799,179 | $11,401,541 |
Venture For America Inc New York, NY | $3,605,973 | $6,866,605 |
Trufund Financial Services Inc New York, NY | $14,181,328 | $2,317,905 |
Griffiss Local Development Corporation Rome, NY | $28,823,478 | $3,861,279 |
Metrotech Area District Management Association Inc Brooklyn, NY | $3,270,355 | $4,991,826 |
Kiryas Joel Municipal Local Development Corporation Monroe, NY | $2,561,042 | $4,665,324 |
Connecticut Economic Resource New Haven, CT | $3,997,158 | $4,805,353 |