Grundy Center Chamber-Main Street Inc
- Assets
- $101.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grundy Center, IA
- Founding
- 03/2016
- Data as of
- 12/2021
- EIN
- 47-4258239
Organization Overview
Grundy Center Chamber-Main Street Inc is located in Grundy Center, IA. The organization was established in 2016. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grundy Center Chamber-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 12/2021, Grundy Center Chamber-Main Street Inc generated $33.8k 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 (8.0%) each year. All expenses for the organization totaled $28.3k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF THIS CORPORATION SHALL BE TO EDUCATE THE COMMUNITY AND AREA BUSINESSES ON HISTORIC COMMERCIAL PRESERVATION, TO PROMOTE AN INTEREST IN THE HISTORY AND ARCHITECTURAL INTEGRITY AND PRESERVATION OF GRUNDY CENTER, IOWA, TO PROVIDE DESIGN ASSISTANCE, BUSINESS RESTRUCTURING ASSISTANCE, AND TO ORGANIZE COMMUNITY VOLUNTEERS IN THE FURTHERANCE OF THESE GOALS SO AS TO FOSTER EXCELLENCE IN ALL ASPECTS OF THE MAIN STREET GRUNDY CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Natalie Kracht Director | 3 | $1,641 | |
Katie Rasmussen Ex Officio | 3 | $742 | |
Shannon Simms President | 3 | $0 | |
Jill Thede Treasurer | 3 | $0 | |
Katie Lewis Vice-Preside | 3 | $0 | |
Keely Harken Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,702 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $17 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,032 |
| Other Revenue | $0 |
| Total Revenue | $33,751 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $524 |
| Salaries, other compensation, and employee benefits | $3,023 |
| Professional fees and other payments to independent contractors | $6,343 |
| Occupancy, rent, utilities, and maintenance | $1,691 |
| Printing, publications, postage, and shipping | $730 |
| Other expenses | $15,241 |
| Total expenses | $28,342 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $101,672 |
| Other assets | $0 |
| Total assets | $101,672 |
| Total liabilities | $1,543 |
| Net assets or fund balances | $100,129 |
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