Aledo Main Street Inc
- Assets
- $84.7k
- Revenue
- $98.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Aledo, IL
- Founding
- 01/2002
- Data as of
- 04/2021
- EIN
- 36-4437249
Organization Overview
Aledo Main Street Inc is located in Aledo, IL. The organization was established in 2002. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood 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. Aledo 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 04/2021, Aledo Main Street Inc generated $98.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $62.1k during the year ending 04/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF ALEDO DOWNTOWN & BUSINESSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VARIOUS ACTIVITIES DESIGNED TO INCREASE AWARENESS AND COMMUNITY INVOLVEMENT IN ALEDO BUSINESS AND COMMUNITY ACTIVITIES.
VARIOUS ACTIVITIES DESIGNED TO INCREASE AWARENESS AND COMMUNITY INVOLVEMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dana L Murphy Director | Trustee | 20 | $28,743 |
Lela Bieri Vice-Preside | Officer | 2 | $0 |
Erica Hajny Secretary | Officer | 2 | $0 |
Matt Essig Treasurer | Officer | 2 | $0 |
Melinda Galbreath President | Officer | 2 | $0 |
Angie Bigham Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,790 |
| Investment income | $37 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $98,874 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $28,743 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,167 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,643 |
| Office expenses | $698 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,543 |
| All other expenses | $0 |
| Total functional expenses | $62,106 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,227 |
| Savings and temporary cash investments | $56,450 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $84,677 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $84,677 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Aledo Main Street Inc has recieved totaling $38,000.
| Awarding Organization | Amount |
|---|---|
The Gabriel Foundation Aledo, IL PURPOSE: GENERAL SUPPORT | $25,000 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $13,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Action Inc Of Rock And Walworth Counties Beloit, WI | $10,640,793 | $9,364,558 |
Health Care Coalition Of Lafayette County Lexington, MO | $6,605,075 | $10,749,967 |
Southwest Organizing Project Chicago, IL | $8,393,250 | $8,859,182 |
Better Family Life Inc Saint Louis, MO | $13,300,452 | $8,576,793 |
Impact Seven Incorporated Rice Lake, WI | $149,638,063 | $17,926,158 |
North Central Community Action Program Inc wisconsin rapids, WI | $2,366,497 | $7,790,312 |
Cortex St Louis, MO | $86,543,841 | $5,279,863 |
Chicago Community Loan Fund Chicago, IL | $136,728,558 | $16,943,178 |
Community Action Of Southern Indiana Inc Jeffersonville, IN | $1,581,999 | $6,952,233 |
Community Partnership Of The Ozark Inc Springfield, MO | $5,862,422 | $7,229,024 |
Regional Development Authority Davenport, IA | $4,541,432 | $7,109,702 |
Mission St Louis St Louis, MO | $2,979,826 | $6,823,271 |