Overview
What is Main Street Iowa Falls Inc?
Main Street Iowa Falls Inc is a dedicated nonprofit organization that fosters a sense of community civic awareness. They achieve this through various means, including organizing the Riverbend rally, a popular Fourth of July celebration. This event attracts around 8,000 to 10,000 individuals, who contribute to the weekend festivities in Iowa Falls. The profits generated from this event are channeled towards promoting the city. Furthermore, Main Street Iowa Falls utilizes hotel/motel tax funds to bolster local businesses and commerce. In essence, their mission is to enhance the city's appeal and stimulate economic growth.
Is Main Street Iowa Falls Inc legitimate?
Main Street Iowa Falls Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Main Street Iowa Falls 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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Other Salaries and Wages: $53,833
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What is the mission statement of Main Street Iowa Falls Inc?
Main Street Iowa Falls Inc fosters a sense of community civic awareness through its mission. One of their notable initiatives is the Riverbend Rally, an annual Fourth of July celebration, which attracts thousands of people and raises funds to promote the community. The organization also uses funds from hotel and motel taxes to support local businesses and commerce. By organizing events and investing in local businesses, Main Street Iowa Falls Inc contributes to the overall growth and vitality of its community.
Who is the CEO of Main Street Iowa Falls Inc?
Diana Thies is the Director of Main Street Iowa Falls Inc.
What is the revenue of Main Street Iowa Falls Inc?
Main Street Iowa Falls Inc's revenue in 2022 was $175,025.
Who are the executives of Main Street Iowa Falls Inc and what are their salaries?
The average compensation at Main Street Iowa Falls Inc during 2022 was $26,916. There are 2 employees and 50 volunteers at Main Street Iowa Falls Inc.
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Where can I find the form 990 for Main Street Iowa Falls Inc?
Main Street Iowa Falls Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Main Street Iowa Falls Inc
Main Street Iowa Falls, a nonprofit organization, is dedicated to fostering a sense of community civic awareness. One of its primary initiatives is the annual Riverbend Rally, a significant Fourth of July celebration that attracts thousands of people to the city. This event serves as a platform to showcase Iowa Falls and benefits the entire community, with all profits utilized for promoting the city. Furthermore, Main Street Iowa Falls utilizes funds from the hotel/motel tax to bolster local businesses and commerce. By doing so, the organization plays a vital role in strengthening the economic fabric of the community and enhancing its overall appeal.
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Impact
October, 2024
Main Street Iowa Falls Inc plays a vital role in enhancing civic engagement and promoting economic vitality within the community. One of its key events, the Riverbend Rally, takes place during the Fourth of July and draws between 8,000 to 10,000 visitors to Iowa Falls. This highly-anticipated celebration not only fosters community spirit but also significantly boosts local commerce as attendees patronize shops, restaurants, and accommodations.
The organization's efforts extend beyond just hosting events. It strategically utilizes hotel and motel tax funds to further promote local businesses, ensuring that the benefits of tourism and community engagement ripple through the entire city. By raising awareness and funds that are reinvested into the community, Main Street Iowa Falls Inc not only celebrates local culture but also strengthens the economic framework that supports its residents. Overall, its impact is seen in enhanced civic pride, economic growth, and a more vibrant community atmosphere.
This information is meant to be a general summary of Main Street Iowa Falls 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.
- Investment Income: $460
- Program Service Revenue: $39,182
- Gross Receipts: $175,025
Assets and Liabilities:
- Total Assets: $143,900
- Total Liabilities: $1,642
- Net Assets: $142,258
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RIVERBEND RALLY
Revenue
$17,908
FESTIVAL OF LIGHTS
Revenue
$9,988
LIFE LEADERSHIP
Revenue
$3,980
BUS TOURS
Revenue
$3,045
WINE AROUND TOWN
Revenue
$1,745
Organization Details
Principal Officer
Diana Thies
Main Address
520 ROCKSYLVANIA AVE, IOWA FALLS, IA, 50126
NTEE Category
Code: S40 - Community improvement
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