Edgartown Board Of Trade
- Assets
- $87.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Edgartown, MA
- Founding
- 06/2006
- Data as of
- 12/2023
- EIN
- 20-3241168
Organization Overview
Edgartown Board Of Trade is located in Edgartown, MA. The organization was established in 2006. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, 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. Edgartown Board Of Trade 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 12/2023, Edgartown Board Of Trade generated $121.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $90.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (11.1%) per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE EDGARTOWN BOARD OF TRADE IS THE PRINCIPLE VOICE FOR BUSINESS IN THE TOWN OF EDGARTOWN. IT IS DEDICATED TO FOSTERING AN ECOMOMIC CLIMATE THAT ENHANCES AND IMPROVES
Describe the Organization's Program Activity:
Part 3
BASS IN THE GRASS FUNDRAISING EVENT TO RAISE FUNDS FOR THE MV DERBY & LOCAL ARTISTS.
4TH OF JULY & PINK & GREEN
WINE AND FOOD FESTIVAL IS TO PROVIDE LOCAL RESTAURANTS AND HOME GROWN PRODUCTS TO BENEFIT THE VINEYARD'S HOME GROWN SCHOOL PROGRAM
CHRISTMAS IN EDGARTOWN TO PROMOTE HOLIDAY ACTIVITIES IN EDGARTOWN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane Carr Director | 2 | $0 | |
Phil Hughes Director | 4 | $0 | |
Alessandra Haggerty Director | 2 | $0 | |
Liz Hynes Director | 2 | $0 | |
Tilma Johnson Director | 4 | $0 | |
Matt Moore Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,650 |
| Total Program Service Revenue | $39,678 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $45,007 |
| Other Revenue | $0 |
| Total Revenue | $121,335 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,077 |
| Professional fees and other payments to independent contractors | $5,890 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $280 |
| Other expenses | $57,143 |
| Total expenses | $90,390 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $84,240 |
| Other assets | $0 |
| Total assets | $87,940 |
| Total liabilities | $75 |
| Net assets or fund balances | $87,865 |