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Aberdeen Main Street Inc

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

EIN: 311469338 ✦ Aberdeen, MS ✦ Designated as a 501(c)(3)

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Overview

What is Aberdeen Main Street Inc?

Aberdeen Main Street Inc is a dedicated nonprofit organization situated in Aberdeen, Mississippi. Their primary mission is to preserve and elevate the charm of the city's downtown area. They achieve this by utilizing the Main Street program, which serves to boost local merchants while preserving the district's historic architecture. By doing so, Aberdeen Main Street Inc contributes to the overall revitalization and development of downtown Aberdeen, ensuring its continued appeal and cultural significance.

Is Aberdeen Main Street Inc legitimate?

Aberdeen Main Street Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aberdeen Main Street 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: $18,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Aberdeen Main Street Inc?

Aberdeen Main Street Inc, through the utilization of the Main Street program, works towards preserving and promoting the local merchants within a downtown area. The organization is committed to safeguarding the area's historic buildings while also fostering their growth. By doing so, Aberdeen Main Street Inc aims to enhance the overall appeal and vitality of the downtown sector, ultimately benefiting the local community.

Who is the CEO of Aberdeen Main Street Inc?

Kathy Lusby is the President of Aberdeen Main Street Inc.

What is the revenue of Aberdeen Main Street Inc?

Aberdeen Main Street Inc's revenue in 2023 was $157,771.

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

The average compensation at Aberdeen Main Street Inc during 2023 was $18,750. There is 1 employee and 24 volunteers at Aberdeen Main Street Inc.


Here are 5 key members and their salaries:


Ann Tackett (Coordinator)
  • Compensation: $18,750
  • Related: $0
  • Other: $0
Leaann Armstrong (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamelia T Tisdale (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amber Belle (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Lusby (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Aberdeen Main Street Inc?

Aberdeen Main Street Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Aberdeen Main Street Inc

Aberdeen Main Street Inc, a nonprofit organization, is dedicated to preserving and promoting the downtown area of Aberdeen, Mississippi. Utilizing the Main Street program, they work to boost local merchants and safeguard the historic structures that define the area. By leveraging this program, Aberdeen Main Street Inc contributes to the revitalization and enhancement of the downtown district, making it an attractive and vibrant place for both locals and visitors alike.

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Impact




October, 2024

Aberdeen Main Street Inc plays a pivotal role in revitalizing and enhancing the downtown area of Aberdeen, MS. By focusing on the preservation of historic buildings and promoting local merchants, the organization fosters a vibrant community atmosphere that attracts visitors and supports local businesses.

Through effective leveraging of the Main Street program, Aberdeen Main Street Inc not only contributes to the aesthetic value of the downtown area but also strengthens the local economy. The initiatives led by the organization encourage community engagement, enabling residents to take pride in their surroundings while also fostering a sense of belonging.

Moreover, the commitment to preserving the historical integrity of the area enriches the cultural heritage of Aberdeen, making it an appealing destination for both residents and tourists. Overall, the impact of Aberdeen Main Street Inc is felt across the community through enhanced economic vitality, community cohesion, and a renewed appreciation for the unique history and character of downtown Aberdeen.




This information is meant to be a general summary of Aberdeen Main Street 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
$157,771 (2023)
Expenses
$76,658 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $849
  • Gross Receipts: $158,406

Assets and Liabilities:

  • Total Assets: $442,849
  • Total Liabilities: $1,574
  • Net Assets: $441,275

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Organization Details

Founding Year

1996

Principal Officer

Kathy Lusby

Main Address

P O BOX 127, ABERDEEN, MS, 39730

NTEE Category

Code: S200 - Community improvement

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