Greater Grove Hall Main Streetscorp
- Assets
- $71.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dorchester, MA
- Founding
- 02/2009
- Data as of
- 06/2022
- EIN
- 26-0699697
Organization Overview
Greater Grove Hall Main Streetscorp is located in Dorchester, MA. The organization was established in 2009. 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. Greater Grove Hall Main Streetscorp 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 06/2022, Greater Grove Hall Main Streetscorp generated $198.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $171.6k during the year ending 06/2022. While expenses have increased by 6.7% per year over the past 7 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
TO STIMULATE AND PROMOTE ECONOMIC DEVELOPMENT IN THE GROVE HALL AREA OF THE CITY OF BOSTON; TO ENCOURAGE IMPROVEMENTS IN THE APPEARANCE OF THE GROVE HALL AREA; TO PROMOTE THE GROVE HALL COMMUNITY BUSINESS AND RESIDENTIAL DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ed Gaskin Executive Director | 43.34 | $75,300 | |
Karenlyn Bunch President | 2 | $0 | |
Robert Hector Director | 2 | $0 | |
John Linehan Director | 2 | $0 | |
Bruce Bickerstaff Director | 2 | $0 | |
Eddie Jenkins Clerk/secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $198,613 |
| 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 | $198,613 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $75,300 |
| Professional fees and other payments to independent contractors | $19,155 |
| Occupancy, rent, utilities, and maintenance | $3,300 |
| Printing, publications, postage, and shipping | $1,278 |
| Other expenses | $72,560 |
| Total expenses | $171,593 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,597 |
| Other assets | $0 |
| Total assets | $71,361 |
| Total liabilities | $29,803 |
| Net assets or fund balances | $41,558 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Greater Grove Hall Main Streetscorp has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Local Initiatives Support Corporation New York, NY PURPOSE: SEE PART IV | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Connecticut Institute For Communities Inc Danbury, CT | $23,773,882 | $36,794,150 |
Sports Fans Coalition Ny Inc Ronkonkoma, NY | $633,460 | $8,459,536 |
Greater Boston Convention And Tourist Bureau Inc Boston, MA | $3,175,283 | $8,778,402 |
Granite State Economic Development Corp Portsmouth, NH | $20,832,618 | $9,324,758 |
Structured Employment Economic Development Corporation New York, NY | $3,440,081 | $6,983,803 |
Nybdc Local Development Corporation Albany, NY | $39,799,179 | $11,401,541 |
Venture For America Inc New York, NY | $3,605,973 | $6,866,605 |
Trufund Financial Services Inc New York, NY | $14,181,328 | $2,317,905 |
Griffiss Local Development Corporation Rome, NY | $28,823,478 | $3,861,279 |
Metrotech Area District Management Association Inc Brooklyn, NY | $3,270,355 | $4,991,826 |
Kiryas Joel Municipal Local Development Corporation Monroe, NY | $2,561,042 | $4,665,324 |
Connecticut Economic Resource New Haven, CT | $3,997,158 | $4,805,353 |