Streets Of Laredo Mall Inc
- Assets
- $71.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Laredo, TX
- Founding
- 02/2001
- Data as of
- 09/2021
- EIN
- 74-2868558
Organization Overview
Streets Of Laredo Mall Inc is located in Laredo, TX. The organization was established in 2001. 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. Streets Of Laredo Mall 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 09/2021, Streets Of Laredo Mall Inc generated $99.3k 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 (17.8%) each year. All expenses for the organization totaled $154.5k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (13.5%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ECONOMIC REVITALIZATION OF DOWNTOWN BUSINESS WHILE PRESERVING HISTORICAL INTEGRITY
Describe the Organization's Program Activity:
Part 3
FARMER'S MARKET
FARMER'S MARKET
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hector Tito J Garcia Treasurer | 0 | $0 | |
Carole Alexander Board Member | 0 | $0 | |
Lawrence Friedman Board Member | 0 | $0 | |
Jack Cruthirds Board Member | 0 | $0 | |
Roque Haynes President | 0 | $0 | |
Betty Flores Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,819 |
| Total Program Service Revenue | $20,509 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $99,328 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $111,432 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $5,610 |
| Printing, publications, postage, and shipping | $3,092 |
| Other expenses | $34,390 |
| Total expenses | $154,524 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,047 |
| Other assets | $0 |
| Total assets | $71,047 |
| Total liabilities | $227,249 |
| Net assets or fund balances | -$156,202 |
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