Main Street Torrington
- Assets
- $5.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Torrington, CT
- Founding
- 06/2015
- Data as of
- 12/2019
- EIN
- 46-5564530
Organization Overview
Main Street Torrington is located in Torrington, CT. 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 Torrington 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 12/2019, Main Street Torrington generated $46.4k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $47.3k during the year ending 12/2019. While expenses have increased by 8.1% per year over the past 3 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
2019
Describe the Organization's Program Activity:
Part 3
MSMP IS AN OPEN AIR FESTIVAL DESIGNED TO BRING AWARENESS TO DOWNTOWN TORRINGTON BUSINESSES AND ACTIVITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristin Roberts President | 20 | $0 | |
Rachel Kelly Director | 20 | $0 | |
Ed Cannata Vice President | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $46,381 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3 |
| Total Revenue | $46,384 |
| 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 | $3,350 |
| Occupancy, rent, utilities, and maintenance | $7,168 |
| Printing, publications, postage, and shipping | $3,842 |
| Other expenses | $32,938 |
| Total expenses | $47,298 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,678 |
| Other assets | $0 |
| Total assets | $5,693 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,693 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Main Street Torrington has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Codman Square Neighborhood Development Corporation Dorchester, MA | $49,534,179 | $9,221,133 |
Blackstone Valley Community Action Program Inc Pawtucket, RI | $2,776,542 | $8,877,966 |
Urban Edge Housing Corp Roxbury, MA | $48,065,772 | $13,249,471 |
Jamaica Plain Neighborhood Development Corporation Jamaica Plain, MA | $42,347,137 | $8,553,419 |
Fifth Avenue Association Business Improvement District Inc New York, NY | $1,371,227 | $6,747,998 |
Fifth Avenue Committee Incorporated Brooklyn, NY | $7,015,493 | $7,933,714 |
Hamden Economic Developmente Corporation Hamden, CT | $3,370,551 | $167,824 |
Opportunity Communities Llc Chelsea, MA | $1,253,175 | $6,991,638 |
Just A Start Inc Cambridge, MA | $43,187,600 | $7,410,722 |
Highbridge Community Development Corporation Bronx, NY | $13,193,541 | $8,682,034 |
National Association Of City Transportation Officials Inc New York, NY | $6,540,874 | $5,711,482 |
Association Of Community Employment Programs For The Homeless Inc Long Island City, NY | $3,101,149 | $7,463,894 |