Shrewsbury Street Area Merchants Association Inc
- Assets
- $24.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Holden, MA
- Founding
- Data as of
- 12/2022
- EIN
- 80-0005300
Organization Overview
Shrewsbury Street Area Merchants Association Inc is located in Holden, MA.
For the year ending 12/2022, Shrewsbury Street Area Merchants Association Inc generated $53.5k 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 (3.3%) each year. All expenses for the organization totaled $43.7k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION'S PURPOSE IS TO RAISE MONEY THRU YEARLY MEMBERSHIP DUES AND SPECIAL EVENTS, FOR THE PROMOTION & IMPROVEMENT OF BUSINESS CONDITIONS IN THE SHREWSBURY ST. AREA OF WORCESTER, MA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Piccolo President | 0 | $0 | |
Gina Cariglia Vice Preside | 0 | $0 | |
Lee Hanson Secretary | 0 | $0 | |
Kathleen Trainor Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,180 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $45,299 |
| Other Revenue | $0 |
| Total Revenue | $53,479 |
| 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 | $1,900 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $41,828 |
| Total expenses | $43,728 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,615 |
| Other assets | $0 |
| Total assets | $24,615 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,615 |