Madison Business Alliance
- Assets
- $15.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, ME
- Founding
- Data as of
- 06/2019
- EIN
- 27-1876928
Organization Overview
Madison Business Alliance is located in Madison, ME. According to its NTEE Classification (Y01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madison Business Alliance 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 06/2019, Madison Business Alliance generated $4.4k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $1.6k during the year ending 06/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
THE ALLIANCE PROMOTED MEMBERS IN 2018-2019 BY:1) WORKING WITH TOWN OF MADISON TO CONTINUE A 'BUSINESS OF THE WEEK' PROMOTIONAL PROGRAM UTILIZING THE TOWN'S DIGITAL/ELECTRONIC SIGN TO PROMOTE ALLIANCE MEMBERS.2) MEMBERS CAN RECEIVE REBATES ON ADVERTISING COSTS WHEN THEY INCLUDE THE MADISON BUSINESS LOGO ON THEIR AD.THE ALLIANCE ALSO AWARDED A $1,000 SCHOLARSHIP TO A LOCAL HIGH SCHOOL SENIOR WHO PLANS TO PURSUE A DEGREE IN BUSINESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven A Dean Director | 0 | $0 | |
Calvin Ames Chairman | 0 | $0 | |
Patricia Mitchell Secretary | 0 | $0 | |
Stacy O'brien Director | 0 | $0 | |
Laurie Olson Treasurer | 0 | $0 | |
Stacy Jordan Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,900 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,471 |
| Other Revenue | $0 |
| Total Revenue | $4,371 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $139 |
| Other expenses | $1,478 |
| Total expenses | $1,617 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,948 |
| Other assets | $0 |
| Total assets | $15,948 |
| Total liabilities | $25 |
| Net assets or fund balances | $15,923 |