Alamogordo Main Street is located in Alamogordo, NM. 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. Alamogordo Main Street 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, Alamogordo Main Street generated $78.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $77.5k during the year ending 06/2023. While expenses have increased by 6.4% per year over the past 5 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
TO PRESERVE ENHANCE BEAUTIFY AND ECONOMICALLY DEVELOP ALAMOGORDO'S HISTORIC DOWNTOWN DISTRICT WITH RESPECT TO LOCAL HERITAGE AND CULTURE.
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,994 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $16 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$7,995 |
| Other Revenue | $0 |
| Total Revenue | $78,015 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $49,334 |
| Professional fees and other payments to independent contractors | $2,763 |
| Occupancy, rent, utilities, and maintenance | $1,648 |
| Printing, publications, postage, and shipping | $1,924 |
| Other expenses | $18,498 |
| Total expenses | $77,489 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,241 |
| Other assets | $0 |
| Total assets | $43,241 |
| Total liabilities | $3,888 |
| Net assets or fund balances | $39,353 |