East Somerville Main Street Inc
- Assets
- $176.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Somerville, MA
- Founding
- 09/2009
- Data as of
- 06/2022
- EIN
- 20-8072173
Organization Overview
East Somerville Main Street Inc is located in Somerville, MA. The organization was established in 2009. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, 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. East Somerville 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, East Somerville Main Street Inc generated $200.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $137.7k during the year ending 06/2022. While expenses have increased by 2.1% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO HELP BUILD EAST SOMERVILLE AS A THRIVING, SAFE, FRIENDLY NEIGHBORHOOD AND COMMERCIAL DISTRICT THAT WELCOMES CULTURAL DIVERSITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Devon Moos President | 0 | $0 | |
Katharine Milton Vice President | 0 | $0 | |
Moonyoung Lee Treasurer | 0 | $0 | |
Amy Horton Secretary | 0 | $0 | |
John Carlson Director | 0 | $0 | |
Melinda Izsak Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $177,734 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $22,236 |
| Total Revenue | $199,970 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $79,881 |
| Professional fees and other payments to independent contractors | $7,768 |
| Occupancy, rent, utilities, and maintenance | $12,385 |
| Printing, publications, postage, and shipping | $2,266 |
| Other expenses | $35,436 |
| Total expenses | $137,736 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $176,484 |
| Other assets | $0 |
| Total assets | $176,484 |
| Total liabilities | $0 |
| Net assets or fund balances | $176,484 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that East Somerville Main Street Inc has recieved totaling $559.
| Awarding Organization | Amount |
|---|---|
August Foundation Inc Somerville, MA PURPOSE: COMMUNITY BUILDING | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $59 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Neighborhood Association For Inter Cultural Affairs Inc Bronx, NY | $108,593,584 | $80,687,284 |
Eastman Community Association Grantham, NH | $24,089,251 | $7,350,665 |
Allston Brighton Comm Dev Corp Brighton, MA | $15,959,814 | $4,412,557 |
East Harlem Council For Community Improvement Inc New York, NY | $2,118,161 | $3,411,139 |
Warwick Valley Local Development Corporation Warwick, NY | $848,951 | $5,651,378 |
Radisson Community Association Inc Baldwinsville, NY | $3,036,076 | $2,758,047 |
Blue Hills Civic Association Incorporated Hartford, CT | $568,444 | $2,282,715 |
Southside Institutions Neighborhood Alliance Inc Hartford, CT | $5,370,562 | $1,765,981 |
Community Housing Improvement Program Inc New York, NY | $2,216,727 | $1,575,020 |
Good Old Lower East Side Inc New York, NY | $2,010,294 | $1,873,147 |
Agassiz Baldwin Community A Cambridge Corporation Cambridge, MA | $2,560,544 | $1,271,480 |
Washington Heights Inwood Preservation And Restoration Corpo New York, NY | $2,215,992 | $1,226,530 |