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Main Street Gloucester Preservation Trust

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

EIN: 202744649 ✦ Gloucester, VA ✦ Designated as a 501(c)(4)

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Overview

What is Main Street Gloucester Preservation Trust?

The Main Street Gloucester Preservation Trust is a charitable organization, established in 2005, situated in Gloucester, Virginia. Its primary mission is to foster business growth and development in the downtown area of Gloucester. This is achieved through advertising and various promotional initiatives. Beyond this, the trust works towards preserving historical landmarks in the Gloucester Courthouse area and promoting civic and cultural activities within Gloucester County. Moreover, it aims to enhance the overall business and economic environment on Main Street, ensuring the attraction of new businesses and preservation of the Main Street Center. With a small team of dedicated individuals, the Main Street Gloucester Preservation Trust strives to contribute positively to the community of Gloucester, Virginia.

Is Main Street Gloucester Preservation Trust legitimate?

Main Street Gloucester Preservation Trust is a legitimate nonprofit organization registered as a 501(c)(4) entity. Main Street Gloucester Preservation Trust 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: $62,589
Professional Fundraising Fees: $0
Other Salaries and Wages: $86,358

For more financial information, click here

What is the mission statement of Main Street Gloucester Preservation Trust?

The Main Street Gloucester Preservation Trust, established in 2005, is a charitable organization with a primary mission to enhance business development in a specific downtown area. Its objectives include maintaining and improving the land and structures, boosting the economic environment of the area, preserving historical landmarks, promoting civic and cultural activities, and carrying out other purposes to attract new businesses and preserve the area. The trust's primary aim is to benefit its community by improving the vitality and appeal of its downtown area.

Who is the CEO of Main Street Gloucester Preservation Trust?

Adrianne Joseph is the Chairman of Main Street Gloucester Preservation Trust.

What is the revenue of Main Street Gloucester Preservation Trust?

Main Street Gloucester Preservation Trust's revenue in 2022 was $289,869.

Who are the executives of Main Street Gloucester Preservation Trust and what are their salaries?

The average compensation at Main Street Gloucester Preservation Trust during 2022 was $148,947. There is 1 employee at Main Street Gloucester Preservation Trust.


Here are 14 key members and their salaries:


Adrianne Joseph (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Hensley (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Brown (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hudson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenny Crittenden (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Hatten (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aubrey Layne (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cristina N Cahill (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugene Thompson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katey Legg (Board Liaison)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Roddy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsey Carney (Counsel To The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosie Crawford (Bookkeeper)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana West (Executive Director)
  • Compensation: $62,589
  • Related: $0
  • Other: $0
Where can I find the form 990 for Main Street Gloucester Preservation Trust?

Main Street Gloucester Preservation Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Main Street Gloucester Preservation Trust

The Main Street Gloucester Preservation Trust, established in 2005, is a charitable organization with a distinct mission. Its primary objective is to improve the business environment on Main Street in Gloucester, Virginia. To achieve this, the trust focuses on maintaining and enhancing the physical infrastructure of Main Street Center, which benefits the local community. Beyond physical improvements, the trust also seeks to attract new businesses to Main Street, thereby stimulating economic growth.

In addition to business development, the Main Street Gloucester Preservation Trust is committed to preserving historical landmarks in the Gloucester Courthouse area. This historic preservation effort is a crucial part of the trust's mission, as it contributes to the cultural richness and heritage of the community. Furthermore, the trust promotes civic and cultural activities within Gloucester County, providing opportunities for local residents to engage with their community.

In summary, the Main Street Gloucester Preservation Trust is a vital organization dedicated to the enhancement and preservation of Main Street in Gloucester, Virginia. Its mission encompasses physical improvements, business development, economic stimulation, historical preservation, and the promotion of civic and cultural activities. By fulfilling these purposes, the trust plays a significant role in the overall well-being and development of the Gloucester community.

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Impact




October, 2024

Main Street Gloucester Preservation Trust significantly impacts the business landscape and community vitality of downtown Gloucester, VA. By enhancing business development, it fosters a thriving economic environment that encourages local entrepreneurship and attracts new businesses. The Trust promotes downtown Gloucester through targeted advertising and various promotional efforts, which increases foot traffic and engages the community.

Additionally, the Trust is dedicated to maintaining and improving the land and structures in the Main Street Center, ensuring that the area remains visually appealing and functional for both businesses and residents. By preserving historical landmarks in the Gloucester Courthouse area, it safeguards the community's heritage, providing a sense of place and identity.

Furthermore, the Trust plays a vital role in promoting civic and cultural activities, enriching the community's social fabric and encouraging public participation. Overall, its initiatives create a vibrant downtown atmosphere that supports economic growth while honoring the unique history and culture of Gloucester.




This information is meant to be a general summary of Main Street Gloucester Preservation Trust. 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
$289,869 (2022)
Expenses
$585,326 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $424
  • Gross Receipts: $941,574

Assets and Liabilities:

  • Total Assets: $4,282,338
  • Total Liabilities: $83,880
  • Net Assets: $4,198,458

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Organization Details

Founding Year

2005

Principal Officer

Adrianne Joseph

Main Address

PO BOX 2240, GLOUCESTER, VA, 23061

NTEE Category

Code: S20 - Community improvement

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