Main Street Washington Inc is located in Washington, IA. The organization was established in 2013. According to its NTEE Classification (S30) the organization is classified as: 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. Main Street Washington 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 12/2023, Main Street Washington Inc generated $124.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $116.0k during the year ending 12/2023. While expenses have increased by 6.3% 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
2023
Describe the Organization's Program Activity:
Part 3
STIMULATING AWARENESS OF MAIN STREET PURPOSE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Samantha Meyer Executive Director | 40 | $36,000 | |
Brent Kromrie Director | 1 | $0 | |
Illa Earnest Director | 1 | $0 | |
Brenda Myers Director | 1 | $0 | |
Elaine Turner Director | 1 | $0 | |
Hayley Wright Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $85,582 |
Total Program Service Revenue | $39,325 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $124,907 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $59,924 |
Professional fees and other payments to independent contractors | $854 |
Occupancy, rent, utilities, and maintenance | $7,920 |
Printing, publications, postage, and shipping | $5,494 |
Other expenses | $28,429 |
Total expenses | $116,019 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $61,122 |
Other assets | $0 |
Total assets | $74,520 |
Total liabilities | $19,176 |
Net assets or fund balances | $55,344 |