Ripley Main Street
- Assets
- $208.5k
- Revenue
- $36.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Ripley, WV
- Founding
- 10/1999
- Data as of
- 12/2020
- EIN
- 55-0761158
Organization Overview
Ripley Main Street is located in Ripley, WV. The organization was established in 1999. 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. Ripley 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 12/2020, Ripley Main Street generated $36.9k 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 (9.7%) each year. All expenses for the organization totaled $35.7k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (9.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO CULTIVATE AND NURTURE THE ECONOMIC VITALITY AND HISTORICAL CHARACTER OF OUR RIPLEY BUSINESS COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILDRENS ACTIVITY FUND IS A PROGRAM TO SUPPORT AREA YOUTH.
ALPINE THEATER PROVIDED ENTERTAINMENT AND MEETING SPACE DOWNTOWN
WATER TRAIL IS A PROJECT TO SUPPORT LOCAL RECREATION BY PROVIDING FUNDS TO SUPPORT AREA WATER TRAIL ALONG MILLWOOD CREEK
ALL REMAINING PROGRAMMING.
CHILDRENS ACTIVITY FUND IS A PROGRAM TO SUPPORT AREA YOUTH.
ALPINE THEATER PROVIDED ENTERTAINMENT AND MEETING SPACE DOWNTOWN
WATER TRAIL IS A PROJECT TO SUPPORT LOCAL RECREATION BY PROVIDING FUNDS TO SUPPORT AREA WATER TRAIL ALONG MILLWOOD CREEK
ALL REMAINING PROGRAMMING.
CHILDRENS ACTIVITY FUND IS A PROGRAM TO SUPPORT AREA YOUTH.
ALPINE THEATER PROVIDED ENTERTAINMENT AND MEETING SPACE DOWNTOWN
WATER TRAIL IS A PROJECT TO SUPPORT LOCAL RECREATION BY PROVIDING FUNDS TO SUPPORT AREA WATER TRAIL ALONG MILLWOOD CREEK
ALL REMAINING PROGRAMMING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sally Blessing Director | OfficerTrustee | 30 | $4,000 |
Ashley Donohew Treasurer | OfficerTrustee | 5 | $0 |
Marsha Humphrey President | OfficerTrustee | 5 | $0 |
Shari Leavitt Secretary | OfficerTrustee | 5 | $0 |
Lee Blizzard Member | Trustee | 2 | $0 |
Linda Dickirson Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,200 |
| Fundraising events | $9,075 |
| Related organizations | $0 |
| Government grants | $6,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,514 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,789 |
| Total Program Service Revenue | $2,440 |
| Investment income | $339 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$685 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $36,883 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $5,200 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $42 |
| Office expenses | $3,730 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,294 |
| Travel | $87 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,489 |
| Insurance | $3,383 |
| All other expenses | $0 |
| Total functional expenses | $35,651 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,890 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $191,197 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,442 |
| Total assets | $208,529 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $203,080 |
| Net assets with donor restrictions | $5,449 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $208,529 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ripley Main Street has recieved totaling $1,081.
| Awarding Organization | Amount |
|---|---|
Bernice Pickens Parsons Foundation Tr Charleston, WV PURPOSE: CHARITABLE | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $81 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Action Commission Of Fayette County Washington Court House, OH | $10,620,828 | $9,688,038 |
Downtown Cleveland Alliance Cleveland, OH | $4,884,612 | $9,424,862 |
Allegheny Conference On Community Development Pittsburgh, PA | $14,597,444 | $7,655,898 |
Maryland Rural Development Corporation Annapolis, MD | $2,490,801 | $9,297,615 |
Religious Coalition For Emergency Human Needs In Frederick County Frederick, MD | $4,940,518 | $9,853,659 |
Campus Partners For Community Urban Redevelopment Columbus, OH | $180,909,775 | $6,681,454 |
G M N Tri-County Community Action Committee Inc Caldwell, OH | $4,898,315 | $8,954,404 |
Lakeside Association Lakeside, OH | $18,007,265 | $9,409,090 |
National Association Of Professional Employer Organization Alexandria, VA | $9,490,281 | $8,665,299 |
Alloy Development Co Inc Cincinnati, OH | $4,726,609 | $7,810,614 |
Virginia Beach Community Development Corporation Virginia Beach, VA | $35,346,329 | $7,614,457 |
Clinch Valley Community Action Inc North Tazewell, VA | $3,516,619 | $7,158,606 |