Overview
What is Union Square Main Streets Inc?
Union Square Main Streets Inc is a nonprofit organization dedicated to revitalizing and preserving the unique character of its neighborhood. They achieve this by offering technical assistance to local small businesses, fostering collaboration among businesses, and encouraging the establishment of new enterprises. To engage the community, Union Square Main Streets organizes promotional events and cultural offerings, such as Fluff, a lively festival celebrating the invention of marshmallow fluff in Union Square. They also disseminate community information through an email newsletter. Overall, their mission is to strengthen the local economy and enhance the neighborhood's charm.
Official website here: www.unionsquaremain.org
Is Union Square Main Streets Inc legitimate?
Union Square Main Streets Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Union Square 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: $87,408
Professional Fundraising Fees: $0
Other Salaries and Wages: $205,537
For more financial information, click here
Official website here: www.unionsquaremain.org
What is the mission statement of Union Square Main Streets Inc?
Union Square Main Streets Inc's mission is centered around the revitalization and preservation of a neighborhood's character. They achieve this by offering technical assistance to local small businesses, fostering business collaboration, and encouraging the establishment of new businesses within the community. In addition to these efforts, they organize promotional events and cultural offerings, such as Fluff, a festival celebrating the invention of marshmallow fluff. Union Square Main Streets also provides an email newsletter and other community information sources, serving to keep residents and businesses informed.
Official website here: www.unionsquaremain.org
Who is the CEO of Union Square Main Streets Inc?
Zachary Baum is the Principal Officer of Union Square Main Streets Inc.
Official website here: www.unionsquaremain.org
What is the revenue of Union Square Main Streets Inc?
Union Square Main Streets Inc's revenue in 2022 was $440,425.
Official website here: www.unionsquaremain.org
Who are the executives of Union Square Main Streets Inc and what are their salaries?
The average compensation at Union Square Main Streets Inc during 2022 was $41,849. There are 7 employees and 100 volunteers at Union Square Main Streets Inc.
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- Compensation: $86,415
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- Other: $8,383
Official website here: www.unionsquaremain.org
Where can I find the form 990 for Union Square Main Streets Inc?
Union Square Main Streets Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.unionsquaremain.org
Learn more at the official website: www.unionsquaremain.org
Mission Statement of Union Square Main Streets Inc
Union Square Main Streets Inc is dedicated to the revitalization and preservation of its neighborhood's character. They achieve this mission by offering technical assistance to local small businesses, fostering business collaboration, and encouraging the establishment of new enterprises. This organization plays a significant role in enhancing the community's vitality by planning and executing events and cultural offerings, such as Fluff, a festive celebration honoring the invention of marshmallow fluff in Union Square. Furthermore, Union Square Main Streets provides various community information sources, including an email newsletter, to keep residents and businesses informed.
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Impact
October, 2024
Union Square Main Streets Inc significantly contributes to the revitalization and character preservation of the Union Square neighborhood in Somerville, MA. By providing technical assistance to local small businesses, they foster a supportive environment that encourages collaboration and innovation. Their initiatives help local entrepreneurs thrive, which in turn enhances the economic vitality of the area.
The organization plays a vital role in promoting community engagement through various events and cultural offerings, such as Fluff, a whimsical festival celebrating the local history of marshmallow fluff. These events not only draw residents and visitors alike but also stimulate local commerce, creating opportunities for businesses to connect with a wider audience. Additionally, Union Square Main Streets Inc disseminates valuable community information through newsletters and outreach, ensuring residents are informed and engaged in local happenings.
Overall, their efforts cultivate a vibrant, interconnected community that embraces its unique character while encouraging growth and sustainability among local enterprises.
This information is meant to be a general summary of Union Square 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $204,485
- Gross Receipts: $440,425
Assets and Liabilities:
- Total Assets: $180,086
- Total Liabilities: $26,537
- Net Assets: $153,549
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FLUFF FEST & HOLIDAY S
Revenue
$103,145
FARMERS MARKET
Revenue
$101,340
Organization Details
Founding Year
2004
Phone
(617) 955-0080Principal Officer
Zachary Baum
Main Address
PO BOX ONE, SOMERVILLE, MA, 02143
Website
www.unionsquaremain.orgNTEE Category
Code: S30 - Community improvement
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