Main Street Marion Inc
- Assets
- $129.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marion, AL
- Founding
- 08/2015
- Data as of
- 12/2021
- EIN
- 46-4289087
Organization Overview
Main Street Marion Inc is located in Marion, AL. The organization was established in 2015. 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. Main Street Marion 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 12/2021, Main Street Marion Inc generated $78.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $74.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Bennett President | 25 | $0 | |
Donna Bennett Secretary | 10 | $0 | |
Jennifer Mcmillan Treasurer | 3 | $0 | |
Susan Passmore Vice - President | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,584 |
| 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 | $78,584 |
| 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 | $28,304 |
| Occupancy, rent, utilities, and maintenance | $2,571 |
| Printing, publications, postage, and shipping | $2,629 |
| Other expenses | $41,329 |
| Total expenses | $74,833 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,386 |
| Other assets | $0 |
| Total assets | $129,436 |
| Total liabilities | $0 |
| Net assets or fund balances | $129,436 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Main Street Marion Inc has recieved totaling $3,500.
| Awarding Organization | Amount |
|---|---|
Alabama Power Foundation Inc Birmingham, AL PURPOSE: GENERAL/OPERATING | $2,500 |
Alabama Power Foundation Inc Birmingham, AL PURPOSE: GENERAL/OPERATING | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Woodbine Community Organization Wco Inc Nashville, TN | $99,872,484 | $15,160,345 |
Southwest Mississippi Planning And Development District Inc Natchez, MS | $14,931,557 | $8,375,753 |
Northwest Tennessee Development Martin, TN | $5,677,713 | $7,068,049 |
Oasis Center Inc Nashville, TN | $8,797,706 | $7,228,064 |
Action Ministries Inc Atlanta, GA | $1,217,329 | $6,005,144 |
Warren-Washington-Issaquena-Sharkey Community Action Agency Greenville, MS | $1,506,722 | $6,604,720 |
Economic Opportunities Council Of Indian River County Inc Vero Beach, FL | $1,869,765 | $6,434,584 |
Grand Avenue Economic Community Development Corp Orlando, FL | $15,324,319 | $6,865,821 |
Orpheum Theatre Group Memphis, TN | $37,801,412 | $4,089,220 |
Sunflower-Humphreys Counties Indianola, MS | $1,460,572 | $6,186,135 |
Northeast Mississippi Planning And Development District Inc Booneville, MS | $27,636,320 | $8,451,270 |
University Area Community Development Corporation Inc Tampa, FL | $12,749,613 | $5,875,333 |