Milford Enhancement Committee
- Assets
- $218.6k
- Revenue
- $108.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Milford, PA
- Founding
- Data as of
- 12/2022
- EIN
- 86-2445482
Organization Overview
Milford Enhancement Committee is located in Milford, PA. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Milford Enhancement Committee 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, Milford Enhancement Committee generated $108.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (26.4%) each year. All expenses for the organization totaled $78.3k 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
MEC'S MISSION IS TO PRESERVE AND ENHANCE MILFORD BOROUGH'S HERITAGE AND SPECIAL CHARACTER BY INVESTING IN STREETSCAPES AND PUBLIC SPACES, IMPROVING THE CONNECTION BETWEEN MILFORD AND ITS NATURAL ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEC RAISED FUNDS FROM GRANTS AND TWO EVENTS (WELCOME PARTY AND OPERAPIKE PARK), THEN UTILIZED THOSE FUNDS TO PROVIDE THE FOLLOWING ENHANCEMENTS TO MILFORD BOROUGH, PIKE COUNTY, PA: TWELVE (12) CUSTOM TRASH CAN ENCLOSURES; LAMPPOST REPAIRS AND MAINTENANCE; MEMORIAL DISPLAY PLAQUES; SPRING CLEANUP DAY SERVICES; ENGINEERING FOR BOROUGH SIDEWALK PROJECTS; FUNDING TO GREATER PIKE COMMUNITY FOUNDATION TO FURTHER THE ENHANCEMENT OF MILFORD BOROUGH.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maureen Dooley Treasurer | OfficerTrustee | 6 | $0 |
Yanina Montau-Thatcher Secretary | OfficerTrustee | 5 | $0 |
Eileen Smith Vice Preside | OfficerTrustee | 4 | $0 |
Sean Strub President | OfficerTrustee | 4 | $0 |
Luke Turano Director | Trustee | 3 | $0 |
Adriane Wendell Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $36,903 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,903 |
| Total Program Service Revenue | $0 |
| Investment income | $174 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $71,694 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $108,771 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,000 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,298 |
| Advertising and promotion | $0 |
| Office expenses | $442 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $157 |
| Insurance | $1,612 |
| All other expenses | $31,771 |
| Total functional expenses | $78,280 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,917 |
| Savings and temporary cash investments | $196,135 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $578 |
| Other assets | $0 |
| Total assets | $218,630 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $218,630 |
| 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 | $218,630 |