Downtown Westbrook Coalition
- Assets
- $78.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Westbrook, ME
- Founding
- 09/2017
- Data as of
- 06/2021
- EIN
- 81-4641837
Organization Overview
Downtown Westbrook Coalition is located in Westbrook, ME. The organization was established in 2017. According to its NTEE Classification (S30) the organization is classified as: Economic 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. Downtown Westbrook Coalition 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 06/2021, Downtown Westbrook Coalition generated $89.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 20.8% each year . All expenses for the organization totaled $29.1k 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
PART III ORGANIZATIONS PRIMARY EXEMPT PURPOSE/ACCOMPLISHMENT IS PROMOTION OF REVITALIZATION OF MAIN STREET IN WESTBROOK ME. TO PROMOTE BUSINESS ECONOMIC DEVELOPMENT AND PRESERVATION OF ALL ASSETS THAT ARE HISTORIC AND/OR IN DOWNTOWN WESTBROOK ME AND IT'S DOWNTOWN BUSINESS BENEFIT FROM THIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Grommes Pulaski Executive Di | 9 | $6,625 | |
Heather Chandler President | 7 | $0 | |
Judy Trepal Member | 1 | $0 | |
Peter Mancuso Member | 0.14 | $0 | |
Phil Spiller Former Presi | 13.54 | $0 | |
Laurie Johnson Member | 1.66 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,354 |
| Total Program Service Revenue | $7,537 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $89,891 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,131 |
| Professional fees and other payments to independent contractors | $7,505 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,440 |
| Total expenses | $29,076 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,654 |
| Other assets | $0 |
| Total assets | $78,654 |
| Total liabilities | $0 |
| Net assets or fund balances | $78,654 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Downtown Westbrook Coalition has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Saco & Biddeford Savings Charitable Foundation Saco, ME PURPOSE: GENERAL OPERATING SUPPORT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Granite State Economic Development Corp Portsmouth, NH | $20,832,618 | $9,324,758 |
Maine Development Foundation Hallowell, ME | $970,799 | $2,681,444 |
Maine Tourism Association Hallowell, ME | $2,552,212 | $2,806,092 |
Maine Manufacturing Extension Partnership Augusta, ME | $1,279,245 | $1,939,009 |
Rockingham Economic Development Corporation Raymond, NH | $17,369,754 | $4,323,565 |
Kennebec Valley Council Of Governments Fairfield, ME | $3,745,709 | $1,561,553 |
Main Street Skowhegan Skowhegan, ME | $357,285 | $771,437 |
Convention Visitors Bureau Of Greater Portland Portland, ME | $563,151 | $741,115 |
Walpole Foundation Walpole, NH | $9,906,634 | $599,898 |
New Hampshire Lodging And Resturant Association Concord, NH | $788,383 | $690,976 |
Central Maine Growth Council Waterville, ME | $350,733 | $607,931 |
Grafton County Economic Development Council Plymouth, NH | $4,974,864 | $573,300 |