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Main Street Lorain Development Corp

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

EIN: 341836556 ✦ Lorain, OH ✦ Designated as a 501(c)(3)

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Overview

What is Main Street Lorain Development Corp?

Main Street Lorain Development Corp is a nonprofit organization situated in Lorain, Ohio. Their primary mission is to collaborate with various local organizations to rejuvenate and transform the city's downtown district. By working together, they strive to breathe new life into this area, ultimately contributing to the overall revitalization of the downtown district.

Is Main Street Lorain Development Corp legitimate?

Main Street Lorain Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Main Street Lorain Development Corp 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.

What is the mission statement of Main Street Lorain Development Corp?

Main Street Lorain Development Corp's mission involves collaborating with various organizations within a city to revitalize its downtown district. Their goal is to improve and enhance the downtown area by working together with various organizations within the city. The corporation's activities are focused on revitalizing the downtown district, aiming to create a more vibrant and appealing area for the community. By partnering with other organizations, Main Street Lorain Development Corp seeks to bring about positive changes in the downtown district.

Who is the CEO of Main Street Lorain Development Corp?

James Long is the President of Main Street Lorain Development Corp.

What is the revenue of Main Street Lorain Development Corp?

Main Street Lorain Development Corp's revenue in 2022 was $154,872.

Who are the executives of Main Street Lorain Development Corp and what are their salaries?


Here are 6 key members and their salaries:


James Long (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Rivera (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Gallo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Wiersma (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurel Bansek (Boardmember)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Wisniewski (Boardmember)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Main Street Lorain Development Corp?

Main Street Lorain Development Corp's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Main Street Lorain Development Corp

Main Street Lorain Development Corp, a notable organization, has dedicated its mission to collaborating with various entities within the city of Lorain. Their primary goal is to breathe new life into the downtown district. By working hand in hand with other organizations, they strive to revitalize this area, transforming it into a vibrant and thriving part of the city. Their endeavors extend beyond the downtown district, as they aim to contribute to the overall revitalization of the city as a whole. By working closely with other organizations, Main Street Lorain Development Corp plays a pivotal role in shaping the city's future, ensuring a brighter and more prosperous community for all its inhabitants.

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Impact




October, 2024

Main Street Lorain Development Corp has significantly impacted the revitalization of Lorain's downtown district by collaborating with various local organizations. By fostering partnerships and initiatives, they aim to enhance the economic and aesthetic appeal of the area, spurring community engagement and investment. Their efforts contribute to a vibrant downtown that attracts residents and visitors alike, promoting overall community improvement and fostering a sense of pride among locals. Through strategic planning and collaboration, Main Street Lorain Development Corp plays a crucial role in transforming the downtown into a thriving hub of activity.




This information is meant to be a general summary of Main Street Lorain Development Corp. 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
$154,872 (2022)
Expenses
$123,078 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $154,872

Assets and Liabilities:

  • Total Assets: $87,180
  • Total Liabilities: $0
  • Net Assets: $87,180

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Organization Details

Principal Officer

James Long

Main Address

301 BROADWAY AVENUE STE 101, Lorain, OH, 44052

NTEE Category

Code: S20Z - Community improvement

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