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Community Main Street Inc

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

EIN: 421303027 ✦ Cedar falls, IA ✦ Designated as a 501(c)(3)

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Overview

What is Community Main Street Inc?

Community Main Street Inc, situated in Cedar Falls, Iowa, is a nonprofit organization with a mission to foster economic vitality and preserve the historic character of its downtown district. Established at 310 E 4th Street, the organization achieves this through a membership-based organization, marketing, and promotion activities. With a dedicated team of four employees, Community Main Street Inc works tirelessly to enhance the economic growth and improve the quality of life in Cedar Falls, Iowa, preserving its historic image along the way.


Official website here: www.communitymainstreet.org

Is Community Main Street Inc legitimate?

Community Main Street Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community 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: $55,006
Professional Fundraising Fees: $0
Other Salaries and Wages: $49,456

For more financial information, click here


Official website here: www.communitymainstreet.org

What is the mission statement of Community Main Street Inc?

Community Main Street Inc's mission is centered around fostering economic vitality. This organization aims to not only stimulate economic growth but also preserves and promotes the historic image and character of downtown areas. Their primary goal is to improve the quality of life within these communities. They achieve this mission through various means, including membership organization, marketing, and promotional activities, specifically focusing on the development of the downtown district.


Official website here: www.communitymainstreet.org

Who is the CEO of Community Main Street Inc?

Kimberly Bear is the Executive Director of Community Main Street Inc.


Official website here: www.communitymainstreet.org

What is the revenue of Community Main Street Inc?

Community Main Street Inc's revenue in 2023 was $404,172.


Official website here: www.communitymainstreet.org

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

The average compensation at Community Main Street Inc during 2023 was $26,116. There are 4 employees and 100 volunteers at Community Main Street Inc.


Here are 16 key members and their salaries:


Brent Johnson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Lynch (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emilee Nedoba (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenny Leeper (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cory Kent (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wynette Froehner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Dunning (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Riensche (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Houk Sheetz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lexie Heath (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Showalter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Strouse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen Pearce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Eastman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deanna Hoffman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Bear (Executive Director)
  • Compensation: $52,287
  • Related: $0
  • Other: $3,174


Official website here: www.communitymainstreet.org

Where can I find the form 990 for Community Main Street Inc?

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


Official website here: www.communitymainstreet.org

Learn more at the official website: www.communitymainstreet.org

Mission Statement of Community Main Street Inc

Community Main Street Inc, as an organization, is dedicated to fostering economic vitality and preserving the historic image and character of a community. Its mission is to promote business and community development within a downtown district, aiming to enhance the quality of life. By leveraging membership, marketing, and promotion activities, Community Main Street Inc works tirelessly to revitalize the economic landscape while maintaining the historic charm of the area. The organization's efforts are geared towards ensuring a thriving, historically significant, and enjoyable community living experience.

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Impact




October, 2024

Community Main Street Inc plays a vital role in enhancing the economic vitality and quality of life in Cedar Falls, Iowa. By focusing on the promotion of business and community development within the downtown district, it fosters a vibrant atmosphere that attracts residents and visitors alike. Through effective marketing and promotional activities, the organization revitalizes the historic image and character of the area, contributing to a sense of identity and pride among the community.

The efforts aimed at preserving the historic aspects of downtown not only enhance its aesthetic appeal but also encourage local businesses to thrive, creating a bustling marketplace. This synergy between economic growth and community cohesion leads to improved public spaces and increased opportunities for residents, ultimately enriching the overall quality of life in Cedar Falls.




This information is meant to be a general summary of Community 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
$404,172 (2023)
Expenses
$296,647 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $2,274
  • Program Service Revenue: $68,682
  • Gross Receipts: $404,172

Assets and Liabilities:

  • Total Assets: $1,089,750
  • Total Liabilities: $109,352
  • Net Assets: $980,398

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROMOTIONAL EVENTS

Revenue

$68,682

Organization Details

Founding Year

1988

Principal Officer

Kimberly Bear

Main Address

310 E 4TH STREET, CEDAR FALLS, IA, 50613

NTEE Category

Code: S200 - Community improvement

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