New Albany Main Street Association
- Assets
- $305.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Albany, MS
- Founding
- 10/1997
- Data as of
- 12/2022
- EIN
- 64-0884475
Organization Overview
New Albany Main Street Association is located in New Albany, MS. 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. New Albany Main Street Association 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, New Albany Main Street Association generated $148.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $99.2k during the year ending 12/2022. While expenses have increased by 0.4% per year over the past 8 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROMOTE THE ECONOMIC WELFARE OF NEW ALBANY, MS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
C J Bright Board Member | 0 | $0 | |
Betty King Board Member | 0 | $0 | |
Nancy Kidd Secretary | 0 | $0 | |
Bob Spencer President | 0 | $0 | |
Billy Wiseman Director | 0 | $0 | |
Keith Conlee Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $148,308 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $238 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $148,546 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,062 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $8,026 |
| Printing, publications, postage, and shipping | $533 |
| Other expenses | $80,620 |
| Total expenses | $99,241 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $304,710 |
| Other assets | $0 |
| Total assets | $305,588 |
| Total liabilities | $3,792 |
| Net assets or fund balances | $301,796 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that New Albany Main Street Association has recieved totaling $19,500.
| Awarding Organization | Amount |
|---|---|
Kaboom Inc Washington, DC PURPOSE: PLAYSPACE CONSTRUCTION | $8,000 |
Kaboom Inc Washington, DC PURPOSE: PLAYSPACE CONSTRUCTION | $8,000 |
Keep America Beautiful Inc Stamford, CT PURPOSE: PROGRAM SUPPORT | $3,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Woodbine Community Organization Wco Inc Nashville, TN | $99,872,484 | $15,160,345 |
Mid-Delta Community Services Inc Helena, AR | $2,889,498 | $10,056,138 |
Communities Unlimited Inc Fayetteville, AR | $26,843,803 | $9,936,122 |
Southwest Mississippi Planning And Development District Inc Natchez, MS | $14,931,557 | $8,375,753 |
Economic Opportunity Agency Of Washington County Inc Springdale, AR | $5,019,111 | $7,887,315 |
Delta Community Action Association Inc Tallulah, LA | $2,682,123 | $8,135,037 |
Northwest Tennessee Development Martin, TN | $5,677,713 | $7,068,049 |
Oasis Center Inc Nashville, TN | $8,797,706 | $7,228,064 |
Ozark Opportunities Inc Harrison, AR | $2,913,630 | $6,819,793 |
Warren-Washington-Issaquena-Sharkey Community Action Agency Greenville, MS | $1,506,722 | $6,604,720 |
Orpheum Theatre Group Memphis, TN | $37,801,412 | $4,089,220 |
Sunflower-Humphreys Counties Indianola, MS | $1,460,572 | $6,186,135 |