Ada Main Street Inc is located in Ada, OK. The organization was established in 1991. 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. Ada Main Street 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 06/2024, Ada Main Street Inc generated $148.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $156.8k during the year ending 06/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
COOPERATED AND COORDINATED WITH THE CITY OF ADA ON MANY PROJECTS INCLUDING FESTIVALS, PARADES AND OTHER SPECIAL EVENTS INVOLVING THE DOWNTOWN AREA
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Conway Director | 40 | $44,607 | |
Joe Dougherty Past Preside | 5 | $0 | |
Trevor Sutton President | 8 | $0 | |
Mark Byers Vice-Preside | 8 | $0 | |
Stacey Golightly Secretary | 8 | $0 | |
Lauri Rowe Treasurer | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,400 |
| Total Program Service Revenue | $43,202 |
| Membership dues | $9,013 |
| Investment income | $29 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $148,644 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $69,205 |
| Professional fees and other payments to independent contractors | $1,970 |
| Occupancy, rent, utilities, and maintenance | $6,275 |
| Printing, publications, postage, and shipping | $215 |
| Other expenses | $79,161 |
| Total expenses | $156,826 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $59,147 |
| Other assets | $0 |
| Total assets | $59,147 |
| Total liabilities | $1,118 |
| Net assets or fund balances | $58,029 |