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Shaw Main Streets Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 161665834 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Shaw Main Streets Inc?

Shaw Main Streets Inc is a compact yet impactful nonprofit organization based in Washington D.C., specifically at 875 N Street NW STE 201. Their primary mission revolves around revitalizing and sustaining the commercial district in the central Shaw area of the city. They achieve this through various means, including providing business technical and financial assistance, promoting historic preservation, encouraging arts and humanities, and managing public spaces. This nonprofit offers grants to local businesses and contributes to the overall enhancement and sustainability of the 7th and 9th Street commercial corridors in the Shaw area. With a modest workforce of just one employee, Shaw Main Streets Inc effectively contributes to the vibrancy and growth of their community.


Official website here: www.shawmainstreets.org

Is Shaw Main Streets Inc legitimate?

Shaw Main Streets Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shaw Main Streets Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $75,833
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.shawmainstreets.org

What is the mission statement of Shaw Main Streets Inc?

Shaw Main Streets Inc's mission is centered around revitalizing and sustaining a commercial district, specifically in an unspecified location. They achieve this through various means, including providing business technical and financial assistance, promoting historic preservation, fostering the arts and humanities, and managing public spaces. Their activities are geared towards enhancing the commercial corridors, offering business technical assistance, granting funds to local businesses, and contributing to historic preservation efforts.


Official website here: www.shawmainstreets.org

Who is the CEO of Shaw Main Streets Inc?

Alexander M Padro is the Executive Director of Shaw Main Streets Inc.


Official website here: www.shawmainstreets.org

What is the revenue of Shaw Main Streets Inc?

Shaw Main Streets Inc's revenue in 2022 was $352,709.


Official website here: www.shawmainstreets.org

Who are the executives of Shaw Main Streets Inc and what are their salaries?

The average compensation at Shaw Main Streets Inc during 2022 was $75,833. There is 1 employee and 238 volunteers at Shaw Main Streets Inc.


Here are 11 key members and their salaries:


Alexander M Padro (Executive Director)
  • Compensation: $75,833
  • Related: $0
  • Other: $0
Yared Tesfaye (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl A Lofton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Yule (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Weiss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Liotta Atkinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Graham King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Antwain A Coward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gretchen B Wharton (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristie Lee Tyler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mario Difranco (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.shawmainstreets.org

Where can I find the form 990 for Shaw Main Streets Inc?

Shaw Main Streets Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.shawmainstreets.org

Learn more at the official website: www.shawmainstreets.org

Mission Statement of Shaw Main Streets Inc

Shaw Main Streets Inc is committed to facilitating the revitalization and sustainability of a commercial district in Washington, DC. This nonprofit organization focuses on various aspects of district enhancement, including business technical and financial assistance, historic preservation, arts and humanities, and public space management. By providing these services, Shaw Main Streets Inc aims to revitalize key commercial corridors, such as the 7th and 9th streets in the Shaw area, and ensure their long-term success. The organization's mission is to actively contribute to the revitalization and sustainability of the central Shaw commercial district, ultimately benefiting the businesses and community within.

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Impact




October, 2024

Shaw Main Streets Inc plays a pivotal role in the revitalization and sustainability of the Central Shaw commercial district in Washington, DC. By offering business technical and financial assistance, the organization supports local entrepreneurs and fosters a vibrant economic environment. Their initiatives contribute significantly to the revitalization of the 7th and 9th Street commercial corridors, enhancing the overall business landscape.

In addition to economic support, Shaw Main Streets Inc invests in historic preservation, ensuring that the rich cultural heritage of the Shaw area is maintained and celebrated. Their focus on the arts and humanities enriches the community's cultural fabric, making Shaw not just a place for commerce but also a hub for creativity and expression.

Furthermore, Shaw Main Streets Inc actively manages public spaces, improving the accessibility and appeal of the area. This creates a welcoming atmosphere that encourages community engagement and attracts visitors, which in turn boosts local businesses. Overall, their efforts lead to a thriving, diverse, and sustainable community that benefits residents, businesses, and visitors alike.




This information is meant to be a general summary of Shaw Main Streets Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$352,709 (2022)
Expenses
$660,079 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $352,709

Assets and Liabilities:

  • Total Assets: $222,500
  • Total Liabilities: $140,390
  • Net Assets: $82,110

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Organization Details

Founding Year

2003

Principal Officer

Alexander M Padro

Main Address

875 N STREET NW STE 201, Washington, DC, 20001

NTEE Category

Code: S30 - Community improvement

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