Main Street Beatrice Inc
- Assets
- $152.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beatrice, NE
- Founding
- 10/1997
- Data as of
- 12/2021
- EIN
- 47-0804574
Organization Overview
Main Street Beatrice Inc is located in Beatrice, NE. The organization was established in 1997. 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. Main Street Beatrice 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 12/2021, Main Street Beatrice Inc generated $138.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $150.0k during the year ending 12/2021. While expenses have increased by 5.8% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Sothan Executive Director | 45 | $39,433 | |
Jacob May President | 5 | $0 | |
Laureen Riedesel Vice-President | 3 | $0 | |
Danielle Fairbanks Secretary | 3 | $0 | |
Bryan Belding Board Member | 2 | $0 | |
Wade Dekoning Executive Board Member | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $117,953 |
| Total Program Service Revenue | $7,429 |
| Membership dues | $0 |
| Investment income | $1,003 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,377 |
| Other Revenue | $0 |
| Total Revenue | $138,762 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $62,088 |
| Professional fees and other payments to independent contractors | $31,399 |
| Occupancy, rent, utilities, and maintenance | $1,752 |
| Printing, publications, postage, and shipping | $4,632 |
| Other expenses | $44,894 |
| Total expenses | $150,015 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $108,308 |
| Other assets | $0 |
| Total assets | $152,030 |
| Total liabilities | $19,984 |
| Net assets or fund balances | $132,046 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Main Street Beatrice Inc has recieved totaling $4,000.
| Awarding Organization | Amount |
|---|---|
Herbert T Weston Jr & Marian S Weston Foundation Lincoln, NE PURPOSE: GENERAL PURPOSE | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Development Institute Kansas Denver, CO | $25,496,430 | $27,631,308 |
Delta Area Economic Opportunity Corporation Portageville, MO | $22,832,856 | $23,706,654 |
Des Moines Performing Arts Des Moines, IA | $53,428,793 | $29,638,099 |
Community Action Of Eastern Iowa Davenport, IA | $4,145,446 | $19,807,458 |
Jefferson Franklin Community Action Corporation Hillsboro, MO | $6,544,452 | $18,340,130 |
Upper Des Moines Opportunity Inc Graettinger, IA | $5,376,639 | $17,208,548 |
Central Nebraska Community Action Partnership Inc Loup City, NE | $11,182,517 | $15,277,585 |
Community Action Agency Of Siouxland Sioux City, IA | $5,735,581 | $15,017,682 |
Mid-Iowa Community Action -Mica- Incorporated Marshalltown, IA | $3,849,705 | $14,587,976 |
South Central Missouri Community Action Agency Winona, MO | $9,962,741 | $13,195,865 |
Community Action Agency Of St Louis County Inc Overland, MO | $8,798,142 | $11,519,810 |
Missouri Ozarks Community Action Inc Richland, MO | $5,332,048 | $11,016,032 |