Overview
What is Watertown Main Street Program Inc?
Watertown Main Street Program Inc is a nonprofit organization dedicated to enhancing and revitalizing the downtown area. Their efforts encompass the improvement of buildings, properties, and public spaces, with significant funds allocated towards facade work, sign installation, and beautification projects, totaling $15,719. The program also manages administrative costs, such as office expenses, travel, insurance, and payroll taxes, and receives donations to supplement its budget. Additionally, the organization receives support through business expenses. The program's mission is to uplift the overall appeal and atmosphere of the downtown area, fostering a sense of community and pride among its residents and visitors.
Official website here: www.downtownwatertown.org
Is Watertown Main Street Program Inc legitimate?
Watertown Main Street Program Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Watertown Main Street Program 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.
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Official website here: www.downtownwatertown.org
What is the mission statement of Watertown Main Street Program Inc?
The mission of Watertown Main Street Program Inc is centered around revitalizing and enhancing the downtown area, encompassing its buildings, properties, and public spaces. This is achieved through various initiatives, including facade work, sign installation, and beautification projects, as demonstrated by the allocation of a significant portion of its budget towards these activities. The program also incurs costs for operational expenses such as office maintenance, travel, insurance, and payroll taxes. Additionally, it receives donations and spends on business-related expenses. Overall, Watertown Main Street Program Inc aims to uplift and invigorate its downtown area, fostering a more attractive and vibrant community.
Official website here: www.downtownwatertown.org
What is the revenue of Watertown Main Street Program Inc?
Watertown Main Street Program Inc's revenue in 2023 was $95,641.
Official website here: www.downtownwatertown.org
Who are the executives of Watertown Main Street Program Inc and what are their salaries?
Here are 13 key members and their salaries:
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Official website here: www.downtownwatertown.org
Where can I find the form 990EZ for Watertown Main Street Program Inc?
Watertown Main Street Program Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Official website here: www.downtownwatertown.org
Learn more at the official website: www.downtownwatertown.org
Mission Statement of Watertown Main Street Program Inc
Watertown Main Street Program, in its mission, works towards the revitalization of its downtown area, encompassing buildings, properties, and public spaces. This nonprofit organization invests in various aspects to enhance the overall appearance and appeal of the downtown area. Significant portions of its budget are allocated towards facade work, sign installation, and beautification projects, amounting to a substantial $15,719. This commitment to improving the visual appeal of the downtown area is a testament to Watertown Main Street Program's dedication to revitalization.
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Impact
October, 2024
The Watertown Main Street Program Inc significantly impacts the downtown area by promoting and revitalizing its buildings, properties, and public spaces. This initiative focuses on enhancing the aesthetic appeal and functionality of the community, fostering a vibrant atmosphere for residents and visitors alike.
Investments in facade work, sign installation, and beautification projects—totaling $15,719—demonstrate the program's commitment to improving the visual landscape of Watertown. These enhancements not only uplift the physical environment but can also stimulate local economic activity by attracting more foot traffic and encouraging business growth.
With a careful allocation of resources, including office expenses, travel, insurance, and payroll taxes, the program ensures that its operational costs are managed effectively. Community donations also provide crucial financial support, reinforcing the program’s connection to local stakeholders. Through these efforts, the Watertown Main Street Program plays a pivotal role in fostering community improvement and sustainability, making downtown Watertown a more inviting and attractive place to live and work.
This information is meant to be a general summary of Watertown Main Street Program 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 2023.
- Investment Income: $1,473
- Program Service Revenue: $250
- Gross Receipts: $121,828
Assets and Liabilities:
- Total Assets: $80,468
- Total Liabilities: $0
- Net Assets: $80,468
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Organization Details
Principal Officer
Ron Counsell
Website
www.downtownwatertown.orgNTEE Category
Code: S20 - Community improvement
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