Hyde Park Main Streets Inc is located in Hyde Park, MA. The organization was established in 1996. 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. Hyde Park 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 06/2023, Hyde Park Main Streets Inc generated $192.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $203.3k during the year ending 06/2023. While expenses have increased by 6.4% 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
2023
Describe the Organization's Program Activity:
Part 3
PROMOTE HISTORICAL PRESERVATION OF HYDE PARK, MA BUSINESS DISTRICT INCLUDING RESIDENTIAL, COMMERCIAL, CIVIC AND EDUCATIONAL ENTERPRISES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elias Akiki Vice President And Director | 2 | $0 | |
Lisa M Consalvo President And Director | 2 | $0 | |
Scott Batey Vice President And Director | 2 | $0 | |
James Mahoney Director | 2 | $0 | |
Cathy Horn Clerk Treasurer And Director | 2 | $0 | |
Baron Langston Vice President And Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,803 |
| Total Program Service Revenue | $134,720 |
| Membership dues | $10,655 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $192,178 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $101,553 |
| Professional fees and other payments to independent contractors | $2,000 |
| Occupancy, rent, utilities, and maintenance | $16,136 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $83,604 |
| Total expenses | $203,293 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,059 |
| Other assets | $0 |
| Total assets | $111,994 |
| Total liabilities | $19,491 |
| Net assets or fund balances | $92,503 |