Webster Square Business Association Inc
- Assets
- $32.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Worcester, MA
- Founding
- 09/2015
- Data as of
- 12/2022
- EIN
- 47-4706599
Organization Overview
Webster Square Business Association Inc is located in Worcester, MA. The organization was established in 2015. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Webster Square Business Association 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 12/2022, Webster Square Business Association Inc generated $4.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (41.4%) each year. All expenses for the organization totaled $6.3k during the year ending 12/2022. 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 |
|---|---|---|---|
Michael Marchand President | 0 | $0 | |
Michael Marchand Treasurer | 0 | $0 | |
John Woods Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,760 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $60 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $4,820 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $334 |
| Other expenses | $1,101 |
| Total expenses | $6,335 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,209 |
| Other assets | $0 |
| Total assets | $32,209 |
| Total liabilities | $0 |
| Net assets or fund balances | $32,209 |