Clovis Mainstreet Inc
- Assets
- $76.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clovis, NM
- Founding
- 01/2002
- Data as of
- 12/2022
- EIN
- 85-0478073
Organization Overview
Clovis Mainstreet Inc is located in Clovis, NM. The organization was established in 2002. 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. Clovis Mainstreet Inc 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, Clovis Mainstreet Inc generated $89.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $87.1k during the year ending 12/2022. While expenses have increased by 6.0% 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
ENCOURAGE, FOSTER AND STIMULATE THE REVITALIZATION OF HISTORIC DOWNTOWN CLOVIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patty Glenn Board Member | 1 | $0 | |
Amy Sellers-Parker Board Member | 1 | $0 | |
Lisa R Pellegrino-Spear Executive Di | 40 | $53,000 | |
Becky Wood Board Member | 1 | $0 | |
Tyler Lucas Board Member | 1 | $0 | |
Paul Tankersley President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,707 |
| Total Program Service Revenue | $70,632 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,006 |
| Other Revenue | $0 |
| Total Revenue | $89,345 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,286 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $8,552 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,244 |
| Total expenses | $87,082 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,773 |
| Other assets | $0 |
| Total assets | $76,023 |
| Total liabilities | $11,272 |
| Net assets or fund balances | $64,751 |