Waukegan Main Street
- Assets
- $18.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waukegan, IL
- Founding
- 05/1990
- Data as of
- 12/2022
- EIN
- 36-3656581
Organization Overview
Waukegan Main Street is located in Waukegan, IL. The organization was established in 1990. According to its NTEE Classification (S31) the organization is classified as: Urban & Community 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. Waukegan Main Street 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 12/2022, Waukegan Main Street generated $50.5k 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 (7.1%) each year. All expenses for the organization totaled $40.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.9%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
FUNDS BENEFIT DOWNTOWN WAUKEGAN IL BUSINESSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Linn Jones President | 20 | $0 | |
Jaime Miceli Vice President | 10 | $0 | |
Ingrid Harrison Treasurer | 10 | $0 | |
Anton Mathews Secretary | 10 | $0 | |
Tom Lebaron Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,330 |
| Total Program Service Revenue | $25,000 |
| Membership dues | $1,437 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,742 |
| Other Revenue | $0 |
| Total Revenue | $50,509 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $23,333 |
| Professional fees and other payments to independent contractors | $1,860 |
| Occupancy, rent, utilities, and maintenance | $1,622 |
| Printing, publications, postage, and shipping | $232 |
| Other expenses | $13,689 |
| Total expenses | $40,736 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,340 |
| Other assets | $0 |
| Total assets | $18,340 |
| Total liabilities | $0 |
| Net assets or fund balances | $18,340 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Waukegan Main Street has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
World Business Chicago Chicago, IL | $9,302,792 | $9,942,081 |
Enlace Chicago Chicago, IL | $7,912,354 | $9,016,287 |
West Central Indiana Economic Development District Inc Terre Haute, IN | $2,629,970 | $4,624,225 |
Common Wealth Development Inc Madison, WI | $16,900,042 | $3,774,568 |
Evansville Vanderburgh County Convention & Visitors Bureau Inc Evansville, IN | $5,490,585 | $3,551,749 |
Milwaukee Urban Strategic Investment Corp Milwaukee, WI | $23,035,863 | $4,044,506 |
Far South Cdc Chicago, IL | $4,303,074 | $2,694,787 |
Northwest Side Community Development Corporation Milwaukee, WI | $11,140,702 | $4,254,876 |
Wepower Saint Louis, MO | $83,554 | $1,807,746 |
Capitalplus Exchange Corporation Skokie, IL | $2,405,541 | $1,079,242 |
Visitors Center Inc Columbus, IN | $3,460,184 | $2,273,942 |
Catalytic Development Funding Corp Of Northern Kentucky Covington, KY | $17,082,435 | $2,043,108 |