Mebane Business Association Inc
- Assets
- $57.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mebane, NC
- Founding
- 10/2007
- Data as of
- 06/2021
- EIN
- 56-1604321
Organization Overview
Mebane Business Association Inc is located in Mebane, NC. The organization was established in 2007. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Mebane Business Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2021, Mebane Business Association Inc generated $12.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $32.4k during the year ending 06/2021. 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 ORGANIZATION CONTINUED TO PROMOTE THE MEMBER BUSINESSES THROUGH ADVERTISING AND NETWORKING. IT ALSO CONTINUED TO CONTRIBUTE TO THE LOCAL COMMUNITY WITH A COLLEGE SCHOLARSHIP, CONTRIBUTIONS TO LOCAL SCHOOLS, FOOD DRIVE SUPPORT, HOLIDAY CHEER, AND MANY OTHER CONTRIBUTIONS. IT HOSTED IT'S 32ND ANNUAL DOGWOOD FESTIVAL, WHICH IS IT'S BIGGEST FUNDRAISER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Quintas Vice Preside | 1 | $0 | |
Jessica Nilles President | 2 | $0 | |
Heather Eno Treasurer | 5 | $0 | |
Katie Smith Secretary | 1 | $0 | |
John Cole Board Member | 1 | $0 | |
Emilie Bennett Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $294 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $11,676 |
| Other Revenue | $0 |
| Total Revenue | $11,972 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,355 |
| Occupancy, rent, utilities, and maintenance | $4,875 |
| Printing, publications, postage, and shipping | $148 |
| Other expenses | $21,984 |
| Total expenses | $32,362 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,249 |
| Other assets | $0 |
| Total assets | $57,249 |
| Total liabilities | $1,799 |
| Net assets or fund balances | $55,450 |
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