Sumner Main Street Association
- Assets
- $262.5k
- Revenue
- $252.8k
- Investments
- $0.0
- Employees
- 4
- Location
- Sumner, WA
- Founding
- Data as of
- 12/2022
- EIN
- 86-2367461
Organization Overview
Sumner Main Street Association is located in Sumner, WA. 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. As of 12/2022, Sumner Main Street Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sumner Main Street Association 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, Sumner Main Street Association generated $252.8k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $138.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
COMBINING EFFORTS OF LOCAL BUSINESSES TO ENHANCE AND NURTURE AN INVITING ATMOSPHERE FOR CIVIC, SOCIAL AND ECONOMIC ACTIVITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUMNER MAIN STREET'S PROGRAMS ARE MISSIONS OF ORGANIZATION, PROMOTION, AND DESIGN AND ECONOMIC VITALITY.
VARIOUS COMMUNITY EVENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Crowder Treasurer | OfficerTrustee | 3 | $0 |
Alyx Hickey Director | Trustee | 3 | $0 |
Raimey Iselin Director | Trustee | 3 | $0 |
Ashley Krebs Vice Preside | OfficerTrustee | 3 | $0 |
Mandy Meyer Director | Trustee | 3 | $0 |
Anne Vanlierop Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $8,744 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,998 |
| All other contributions, gifts, grants, and similar amounts not included above | $148,623 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $160,365 |
| Total Program Service Revenue | $89,931 |
| Investment income | $81 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $252,777 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $51,768 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,557 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,973 |
| Advertising and promotion | $0 |
| Office expenses | $7,023 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,987 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,544 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,856 |
| All other expenses | $698 |
| Total functional expenses | $138,791 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $194,968 |
| Savings and temporary cash investments | $66,243 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,245 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $262,456 |
| Accounts payable and accrued expenses | $126 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | -$3,830 |
| Total liabilities | -$3,704 |
| Net assets without donor restrictions | $266,160 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $262,456 |