Main Street Gym Inc
- Assets
- $386.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salisbury, MD
- Founding
- 04/1994
- Data as of
- 12/2022
- 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 12/2022, Main Street Gym Inc generated $164.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $153.7k during the year ending 12/2022. While expenses have increased by 9.5% per year over the past 5 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 |
|---|---|---|---|
Nancy B Chernoff President | 20 | $0 | |
Hal E Chernoff Vice Preside | 50 | $51,603 | |
Dennis Weller Secretary | 1 | $0 | |
Mark L Granger Treasurer | 1 | $0 | |
Sandy Fitzergerald D'angelo Director | 1 | $0 | |
Bryan Lecompte Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $107,027 |
| Total Program Service Revenue | $20,734 |
| Membership dues | $0 |
| Investment income | $3,791 |
| Gain or Loss | $2,192 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $30,662 |
| Total Revenue | $164,406 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $95,630 |
| Professional fees and other payments to independent contractors | $10,573 |
| Occupancy, rent, utilities, and maintenance | $12,295 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $35,158 |
| Total expenses | $153,656 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $270,742 |
| Other assets | $0 |
| Total assets | $386,301 |
| Total liabilities | $907 |
| Net assets or fund balances | $385,394 |