Lynn Main Streets Inc
- Assets
- $8.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lynn, MA
- Founding
- Data as of
- 12/2022
- EIN
- 85-1587425
Organization Overview
Lynn Main Streets Inc is located in Lynn, MA. According to its NTEE Classification (S31) the organization is classified as: Urban & Community 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. Lynn Main Streets 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, Lynn Main Streets Inc generated $41.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 35.9% each year . All expenses for the organization totaled $78.0k during the year ending 12/2022. 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
BRING EXISTING RECOMMENDATIONS AND PLANS FOR DOWNTOWN INTO REALITY, LMS ADOPTED THE MAIN STREET AMERICA PROJECT FRAMEWORK TO FOCUS ON ECONOMIC, VITALITY, DESIGN, PROMOTION AND ORGANIZATION STRATEGIES FOR UNDERUTILIZED HISTORIC DOWNTOWNS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Peral Director | 2 | $0 | |
John Judkins President | 2 | $0 | |
Reggie Peral Director | 2 | $0 | |
Samantha Mchugh Treasurer | 2 | $0 | |
Saria Zelada Director | 2 | $0 | |
Jean Marie Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,318 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $41,318 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,179 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $74,841 |
| Total expenses | $78,020 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,306 |
| Other assets | $0 |
| Total assets | $8,306 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,306 |