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Madison Main Street Foundation Inc

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

EIN: 274986958 ✦ Madison, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Madison Main Street Foundation Inc?

Madison Main Street Foundation Inc is a nonprofit organization dedicated to strengthening the community in Madison, New Jersey. Primary goals include fostering communication and cooperation between various local groups, advocating for the development of the commercial district, and supporting its growth through organized events. The foundation serves as a voice for businesses within the district and works tirelessly to enhance the overall atmosphere of Madison, NJ.


Official website here: www.madisonmainstreetf.wixsite.com/site

Is Madison Main Street Foundation Inc legitimate?

Madison Main Street Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison Main Street Foundation 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.


Official website here: www.madisonmainstreetf.wixsite.com/site

What is the mission statement of Madison Main Street Foundation Inc?

The Madison Main Street Foundation aims to foster a sense of community and encourages collaboration among its members and other groups. One of its key objectives is to drive the development of the commercial district in Madison, New Jersey. As an advocate for businesses in the district, the foundation also works to support its mission by organizing events. The organization's activities are geared towards promoting the growth and prosperity of the commercial district in Madison.


Official website here: www.madisonmainstreetf.wixsite.com/site

Who is the CEO of Madison Main Street Foundation Inc?

Peter Teshima is the Treasurer of Madison Main Street Foundation Inc.


Official website here: www.madisonmainstreetf.wixsite.com/site

What is the revenue of Madison Main Street Foundation Inc?

Madison Main Street Foundation Inc's revenue in 2022 was $115,710.


Official website here: www.madisonmainstreetf.wixsite.com/site

Who are the executives of Madison Main Street Foundation Inc and what are their salaries?


Here are 6 key members and their salaries:


Steve Tombalakian (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Stern (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Daly (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Kroll (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Teshima (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzy Whitehorn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.madisonmainstreetf.wixsite.com/site

Where can I find the form 990EZ for Madison Main Street Foundation Inc?

Madison Main Street Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.madisonmainstreetf.wixsite.com/site

Learn more at the official website: www.madisonmainstreetf.wixsite.com/site

Mission Statement of Madison Main Street Foundation Inc

Madison Main Street Foundation, a nonprofit organization, plays a significant role in fostering a sense of community in its area. It encourages communication and cooperation between its members and other groups. One of its primary objectives is to promote the development of the commercial district in the region. In addition to this, the foundation acts as an advocate for businesses within the district. To support its mission, the Madison Main Street Foundation produces events that contribute to the overall growth and development of the commercial district. By doing so, it works towards enhancing the community's overall well-being and fostering a sense of unity among its members.

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Impact




October, 2024

Madison Main Street Foundation Inc significantly enhances community cohesion and stimulates local commerce in Madison, NJ. By fostering communication and collaboration among residents and businesses, the foundation creates a vibrant network that encourages participation and mutual support. Its commitment to developing the commercial district positions it as a vital advocate for local businesses, ensuring they thrive in a competitive environment. Furthermore, the foundation organizes engaging events that not only draw people to the area but also strengthen community ties and celebrate local culture. Through these efforts, Madison Main Street Foundation Inc plays a crucial role in enhancing the quality of life for residents and supporting the economic vitality of the community.




This information is meant to be a general summary of Madison Main Street Foundation 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
$115,710 (2022)
Expenses
$90,382 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $377
  • Program Service Revenue: $115,233
  • Gross Receipts: $115,710

Assets and Liabilities:

  • Total Assets: $168,964
  • Total Liabilities: $0
  • Net Assets: $168,964

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Organization Details

Principal Officer

Peter Teshima

Main Address

PO BOX 364, MADISON, NJ, 07940

NTEE Category

Code: S20 - Community improvement

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