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Weaverville Business Association Inc

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

EIN: 271897758 ✦ Weaverville, NC ✦ Designated as a 501(c)(6)

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Overview

What is Weaverville Business Association Inc?

Weaverville Business Association Inc is a thriving non-profit organization situated in Weaverville. Its primary objective is to strengthen the local community and boost local businesses. They accomplish this by organizing events and meetings, with one notable example being Music on Main. This free concert on Main Street showcases local talent, provides entertainment, and offers food, drinks, and an opportunity for businesses to engage with the public through booth rentals. The association's goal is to bring people together and enhance the visibility of local businesses.

Is Weaverville Business Association Inc legitimate?

Weaverville Business Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Weaverville Business Association Inc submitted a form 990EZ, 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Weaverville Business Association Inc?

The Weaverville Business Association functions as a local non-profit organization, primarily dedicated to supporting merchants. Its mission is to cultivate a sense of community and enhance the visibility of local businesses. The association accomplishes this by organizing and sponsoring events and meetings. One such event is "Music on Main," which is a free concert held on Main Street. This event offers various attractions such as food, drinks, activities, and provides local businesses with an opportunity to showcase their offerings through booth rentals.

What is the revenue of Weaverville Business Association Inc?

Weaverville Business Association Inc's revenue in 2022 was $35,480.

Who are the executives of Weaverville Business Association Inc and what are their salaries?

Here are 4 key members and their salaries:


William Boughton (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fian Arroyo (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Garrard (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexandra Bertram (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Weaverville Business Association Inc?

Weaverville Business Association Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Weaverville Business Association Inc

The Weaverville Business Association, acting as a local non-profit merchants association, plays a significant role in fostering a sense of community and promoting local businesses. It achieves this by creating and sponsoring events and meetings. One of its notable initiatives is the Music on Main event, a free concert held on Main Street in Weaverville. This event offers an array of activities, including food, drinks, and opportunities for local businesses to showcase their offerings through booth rentals. By doing so, the Weaverville Business Association provides a platform for local businesses to gain exposure and connect with the community, thereby contributing to the overall growth and development of the local economy.

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Impact




October, 2024

Weaverville Business Association Inc significantly enhances the local economy and community spirit in Weaverville, NC. By fostering collaboration among local merchants, the association cultivates a supportive environment for businesses to thrive. Events like Music on Main not only provide entertainment, but also create opportunities for local businesses to gain visibility and engage directly with the community. This free concert series, held on Main Street, features food, drinks, and activities, attracting visitors and residents alike, which, in turn, boosts foot traffic and sales for participating local businesses. Through these initiatives, the association plays a crucial role in promoting community engagement, improving the local business ecosystem, and establishing Weaverville as a vibrant destination.




This information is meant to be a general summary of Weaverville Business Association 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
$35,480 (2022)
Expenses
$23,760 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1
  • Gross Receipts: $73,061

Assets and Liabilities:

  • Total Assets: $32,024
  • Total Liabilities: $0
  • Net Assets: $32,024

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Organization Details

Principal Officer

William Boughton

NTEE Category

Code: S41 - Community improvement

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