Downtown Hingham Business Association Inc is located in Hingham, MA. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Downtown Hingham Business Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION IS DEDICATE TO PROMOTING THE COMMERCIAL, CIVIC, AND ECONOMIC BETTERMENT OF THE TOWN OF HINGHAM, MASSACHUSETTS, AND TO MAKING THE DOWNTOWN HINGHAM COMMUNITY A BETTER PLACE IN WHICH TO DO BUSINESS, TO WORK, TO LIVE, AND TO VISIT.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Barclay Executive Director | 35 | $17,548 | |
Nanette Walsh Board Member | 2 | $0 | |
Evan Shuman President | 2 | $0 | |
Dewitt Delawter Vice-President | 3 | $0 | |
Lorraine Campbell Treasurer | 6 | $0 | |
Judy Varney Secretary | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,000 |
| Total Program Service Revenue | $39,401 |
| Membership dues | $15,698 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$4,039 |
| Other Revenue | $0 |
| Total Revenue | $72,060 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,548 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,743 |
| Other expenses | $14,266 |
| Total expenses | $35,557 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,503 |
| Other assets | $0 |
| Total assets | $36,503 |
| Total liabilities | $0 |
| Net assets or fund balances | $36,503 |