Woodward Main Street Program is located in Woodward, OK. The organization was established in 1990. 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. Woodward Main Street Program 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 06/2022, Woodward Main Street Program generated $65.2k 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 (8.2%) each year. All expenses for the organization totaled $77.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 7 years. 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 REVITALIZE THE LOCAL BUSINESS COMMUNITY THROUGH DESIGN, ECONOMIC RESTRUCTURING, PROMOTION AND ORGANIZATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Elizabeth Terry Secretary | 1 | $0 | |
Sarah Boyce Vice President | 1 | $0 | |
Kevin Cansler Director | 1 | $0 | |
Rachel Scott Director | 1 | $0 | |
Linda Freeman Director | 1 | $0 | |
Andra Smith Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $31,600 |
Total Program Service Revenue | $17,824 |
Membership dues | $15,740 |
Investment income | $27 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $65,191 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $40,263 |
Professional fees and other payments to independent contractors | $869 |
Occupancy, rent, utilities, and maintenance | $8,043 |
Printing, publications, postage, and shipping | $98 |
Other expenses | $28,281 |
Total expenses | $77,554 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $24,399 |
Other assets | $0 |
Total assets | $52,261 |
Total liabilities | $2,550 |
Net assets or fund balances | $49,711 |
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