Middletown Main Street Inc
- Assets
- $53.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Middletown, DE
- Founding
- 02/2007
- Data as of
- 12/2021
- EIN
- 20-3003808
Organization Overview
Middletown Main Street Inc is located in Middletown, DE. The organization was established in 2007. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Middletown 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 12/2021, Middletown Main Street Inc generated $19.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $30.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 7 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 |
|---|---|---|---|
Lee Edgar Vice Preside | 2.5 | $0 | |
Kevin Schatz Treasurer | 2.5 | $0 | |
Chris Beronio Secretary | 2.5 | $0 | |
Monique Chadband Mms Director | 0 | $0 | |
Amy White President | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,000 |
| Total Program Service Revenue | $77 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4,809 |
| Total Revenue | $19,889 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $27,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,692 |
| Total expenses | $30,192 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,084 |
| Other assets | $0 |
| Total assets | $53,084 |
| Total liabilities | $0 |
| Net assets or fund balances | $53,084 |
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