Main Street-Deland Association Inc
- Assets
- $134.1k
- Revenue
- $318.8k
- Investments
- $0.0
- Employees
- 6
- Location
- Deland, FL
- Founding
- 01/1987
- Data as of
- 12/2021
- EIN
- 59-2628018
Organization Overview
Main Street-Deland Association Inc is located in Deland, FL. The organization was established in 1987. 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. As of 12/2021, Main Street-Deland Association Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Main Street-Deland 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 12/2021, Main Street-Deland Association Inc generated $318.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $321.3k during the year ending 12/2021. While expenses have increased by 1.4% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
REVITALIZATION OF DOWNTOWN DELAND AND ENHANCEMENT OF COMMERCIAL ACTIVITY IN THE DOWNTOWN AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAIN STREET DELAND ORGANIZES AND SPONSORS COMMUNITY EVENTS IN THE DOWNTOWN DISTRICT. THESE EVENTS SERVE TO ENHANCE THE BUSINESS ATMOSPHERE AND INCREASE ECONOMIC ACTIVITY FOR DOWNTOWN MERCHANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne Carter Executive Director | Officer | 40 | $50,650 |
Waylon Niece President Elect | OfficerTrustee | 3 | $0 |
Richard Prescott Treasurer | OfficerTrustee | 3 | $0 |
Ben Collins Past President | OfficerTrustee | 3 | $0 |
Kelly O' Leary Secretary | OfficerTrustee | 3 | $0 |
Tracey Word Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $41,574 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $122,312 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,341 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $171,227 |
| Total Program Service Revenue | $147,537 |
| Investment income | $44 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $318,808 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,506 |
| 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. | $50,650 |
| Compensation of current officers, directors, key employees. | $50,650 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $81,430 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $61 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,925 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $19,771 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,607 |
| Travel | $367 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,482 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,680 |
| Insurance | $6,372 |
| All other expenses | $3,376 |
| Total functional expenses | $321,317 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,704 |
| Savings and temporary cash investments | $42,700 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $55,098 |
| 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 | $1,399 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $150 |
| Total assets | $134,051 |
| Accounts payable and accrued expenses | $32,413 |
| 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 | $5,311 |
| Total liabilities | $37,724 |
| Net assets without donor restrictions | $96,327 |
| Net assets with donor restrictions | $0 |
| 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 | $134,051 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Main Street-Deland Association Inc has recieved totaling $39.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $39 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Csra Economic Opportunity Authority Inc Augusta, GA | $4,657,645 | $27,091,304 |
Neighborhood Improvement Project Inc Augusta, GA | $12,770,161 | $24,738,698 |
Action Pact Inc Waycross, GA | $10,194,672 | $25,026,911 |
Tallatoona Community Action Partnership Inc Cartersville, GA | $2,878,907 | $21,403,724 |
Macon Bibb County Economic Opportunity Council Inc Macon, GA | $9,862,743 | $18,330,804 |
Economic Opportunity For Savannah Chatham County Area Inc Savannah, GA | $8,523,279 | $14,850,530 |
Coastal Plain Area Economic Opportunity Authority Inc Valdosta, GA | $6,623,534 | $13,801,263 |
Tri-County Community Council Inc Bonifay, FL | $6,451,084 | $10,551,381 |
Community Action For Improvement Inc Lagrange, GA | $4,305,950 | $11,116,636 |
Action Ministries Inc Atlanta, GA | $1,217,329 | $6,005,144 |
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 |