Mainstreet Redevelopment Association
- Assets
- $130.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Forest Park, IL
- Founding
- 02/1998
- Data as of
- 12/2023
- EIN
- 36-3989959
Organization Overview
Mainstreet Redevelopment Association is located in Forest Park, IL. The organization was established in 1998. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, 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. Mainstreet Redevelopment Association 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 12/2023, Mainstreet Redevelopment Association generated $130.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $109.5k during the year ending 12/2023. While expenses have increased by 3.1% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
COMMUNITY DEVELOPMENT
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dorothy Gillian Past Preside | 3 | $0 | |
Neil Rembos President | 3 | $0 | |
Dexter Cura 1st Vice Pre | 3 | $0 | |
Rob Mcadam Past Preside | 3 | $0 | |
Erik Fjeldstad Treasurer | 3 | $0 | |
Laurie Kokenes Executive Di | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $54,761 |
| Investment income | $830 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $52,522 |
| Other Revenue | $0 |
| Total Revenue | $130,613 |
| 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 | $74,031 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $176 |
| Other expenses | $35,315 |
| Total expenses | $109,522 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $130,212 |
| Other assets | $0 |
| Total assets | $130,212 |
| Total liabilities | $61,895 |
| Net assets or fund balances | $68,317 |