Overview
What is Mount Airy Main Street Association Inc?
Mount Airy Main Street Association Inc is a nonprofit organization located in Mount Airy, Maryland. Their primary mission, in collaboration with the Town of Mount Airy government, is to revitalize the historic and commercial district. They aim to transform this area into a thriving commercial hub, as well as a cultural and family-friendly event center. To achieve this, they sponsor various events throughout the year, such as carriage rides, festivals, and holiday celebrations, all intended to attract visitors and boost the town's economy. By doing so, they contribute to the community's tax base and enhance Mount Airy's overall appeal.
Official website here: www.mountairdymainstreet.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Mount Airy Main Street Association Inc has received a solid score of 83%, indicating a good level of accountability and financial health. The organization boasts a fully independent board, with all 11 members meeting governance standards, contributing positively to its overall score. Additionally, it demonstrates strong financial practices with a program expense ratio of nearly 87%, suggesting that a significant majority of its funds support its programs directly.
However, there are some areas where the organization could improve its transparency and governance practices. Notably, it lacks a whistleblower policy and a document retention and destruction policy, which are critical for maintaining accountability. While the absence of these policies did not significantly impact its overall score, addressing these gaps could enhance the organization's credibility and trustworthiness.
Overall, the Mount Airy Main Street Association Inc exhibits many strengths in its operational structure and financial management but should consider implementing additional policies to strengthen its governance and transparency further.
This AI summary has been generated from information found on Charity Navigator.
Is Mount Airy Main Street Association Inc legitimate?
Mount Airy Main Street Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Airy Main Street Association 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.
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Official website here: www.mountairdymainstreet.org
What is the mission statement of Mount Airy Main Street Association Inc?
The Mount Airy Main Street Association Inc, in collaboration with the local government, is dedicated to revitalizing the downtown historic and commercial district. Their mission is to transform the area into a thriving commercial hub, enriched with culture and family-friendly events. They aim to brand the district as an attractive destination, attracting visitors and boosting the community's economic growth. To achieve this, they sponsor various events throughout the year, such as carriage rides, festivals, and holiday celebrations, in collaboration with the Mount Airy Economic Development Commission. This initiative not only enhances the district's vibrancy but also increases the community's tax base.
Official website here: www.mountairdymainstreet.org
Who is the CEO of Mount Airy Main Street Association Inc?
Kelly Patrick is the President of Mount Airy Main Street Association Inc.
Official website here: www.mountairdymainstreet.org
What is the revenue of Mount Airy Main Street Association Inc?
Mount Airy Main Street Association Inc's revenue in 2022 was $83,126.
Official website here: www.mountairdymainstreet.org
Who are the executives of Mount Airy Main Street Association Inc and what are their salaries?
Here are 12 key members and their salaries:
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Official website here: www.mountairdymainstreet.org
Where can I find the form 990 for Mount Airy Main Street Association Inc?
Mount Airy Main Street Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mountairdymainstreet.org
Learn more at the official website: www.mountairdymainstreet.org
Mission Statement of Mount Airy Main Street Association Inc
Mount Airy Main Street Association Inc, in collaboration with the local government, is committed to revitalizing the historic and commercial district of Mount Airy. Their mission is to transform this area into a lively commercial hub and a cultural and family-friendly event center. By branding Mount as an attractive destination, they aim to enhance its economic potential and increase the tax base of the community. The organization achieves this goal by organizing various events throughout the fiscal year, such as carriage rides, festivals, and holiday celebrations. These events, conducted in partnership with the Mount Airy Economic Development Commission, contribute to the revitalization of the district and make Mount Airy an alluring destination for visitors.
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Impact
October, 2024
Mount Airy Main Street Association Inc has a significant impact on the revitalization of the downtown historic and commercial district of Mount Airy, Maryland. By collaborating with the Town of Mount Airy government, the association has transformed the area into a vibrant commercial hub and a cultural center that is friendly for families.
Through various events such as carriage rides, festivals, and holiday celebrations, the organization attracts visitors to the town, contributing to the local economy and enhancing community engagement. These initiatives not only draw tourism but also help increase the tax base for the community, supporting further development and improvements. The association's efforts in branding Mount Airy as a desirable destination play a crucial role in fostering a sense of community and pride among residents while ensuring that the downtown area remains a thriving center for commerce and culture.
This information is meant to be a general summary of Mount Airy Main Street 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $60,331
- Gross Receipts: $83,126
Assets and Liabilities:
- Total Assets: $35,106
- Total Liabilities: -$5,497
- Net Assets: $40,603
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Farmers Market
Revenue
$17,364
Oktoberfest
Revenue
$33,223
Turkey Trot
Revenue
$7,858
Organization Details
Founding Year
2007
Principal Officer
Kelly Patrick
Main Address
PO Box 788, Mount Airy, MD, 21771
Website
www.mountairdymainstreet.orgNTEE Category
Code: S20 - Community improvement
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