Main Street Gym Inc
- Assets
- $378.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salisbury, MD
- Founding
- 04/1994
- Data as of
- 12/2021
- EIN
- 52-1859519
Organization Overview
Main Street Gym Inc is located in Salisbury, MD. The organization was established in 1994. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Main Street Gym 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 Gym Inc generated $184.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $164.4k during the year ending 12/2021. While expenses have increased by 13.9% per year over the past 4 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 |
|---|---|---|---|
Hal E Chernoff Vice Preside | 40 | $47,340 | |
Nancy B Chernoff President | 40 | $0 | |
Dennis Weller Secretary | 1 | $0 | |
Bryan Lecompte Director | 1 | $0 | |
Sandy Fitzergerald D'angelo Director | 1 | $0 | |
Mark L Granger Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $149,010 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,078 |
| Gain or Loss | $3,232 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $29,774 |
| Total Revenue | $184,094 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $105,813 |
| Professional fees and other payments to independent contractors | $1,415 |
| Occupancy, rent, utilities, and maintenance | $10,838 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $46,342 |
| Total expenses | $164,408 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $253,123 |
| Other assets | $0 |
| Total assets | $378,246 |
| Total liabilities | $3,602 |
| Net assets or fund balances | $374,644 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Main Street Gym Inc has recieved totaling $45,000.
| Awarding Organization | Amount |
|---|---|
Arthur W Perdue Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $45,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southeastern Virginia Areawide Model Program Inc Norfolk, VA | $2,843,692 | $8,738,729 |
Metropolitan Richmond Sports Backers Inc Richmond, VA | $2,872,546 | $6,713,495 |
Sport And Entertainment Corporation Of Maryland Baltimore, MD | $53,419 | $1,410,259 |
Laurel Highlands Ligonier, PA | $9,995,015 | $2,370,476 |
Bike To The Beach Washington, DC | $0 | $1,888,538 |
American Recreation Coalition Washington, DC | $671,840 | $1,140,717 |
Williamsport Volunteer Fire And Emergency Medical Services Inc Williamsport, MD | $4,234,781 | $1,522,798 |
Vysa For Land Preservation Fredericksburg, VA | $6,332,662 | $617,000 |
Cherry Blossom Inc Bethesda, MD | $848,727 | $1,212,543 |
Riverside Camping Assn Lancaster, PA | $1,315,552 | $1,190,999 |
South County Athletic Association Lorton, VA | $414,265 | $1,243,554 |
Big Picture Alliance Philadelphia, PA | $507,623 | $596,811 |