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Bloomfield Main Street Inc

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

EIN: 421508696 ✦ Bloomfield, IA ✦ Designated as a 501(c)(4)

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Overview

What is Bloomfield Main Street Inc?

Bloomfield Main Street Inc, based in Bloomfield, Iowa, serves as a nonprofit organization dedicated to the promotion and preservation of historic buildings in the area. Their primary mission is to stimulate economic development in downtown Bloomfield by organizing events, promoting a positive image, and enhancing the appearance of the district. They also receive, administer, and distribute funds connected to activities related to these purposes. By doing so, they aim to attract interest and tourism to the area, ultimately contributing to the local economy. With a small team of one dedicated individual, Bloomfield Main Street Inc plays a significant role in revitalizing and uplifting the downtown area of Bloomfield, Iowa.


Official website here: www.bloomfieldmainstreet.com

Is Bloomfield Main Street Inc legitimate?

Bloomfield Main Street Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Bloomfield 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,462

For more financial information, click here


Official website here: www.bloomfieldmainstreet.com

What is the mission statement of Bloomfield Main Street Inc?

Bloomfield Main Street Inc's mission is centered around stimulating economic development in a downtown area. This is achieved through organization, promotion of a positive image, and improving the appearance of the downtown area. Additionally, the organization receives, administers, and distributes funds related to activities that further this purpose. Furthermore, Bloomfield Main Street Inc is involved in the promotion and historic preservation of buildings, as well as organizing activities within the historic district to attract interest and tourism.


Official website here: www.bloomfieldmainstreet.com

Who is the CEO of Bloomfield Main Street Inc?

Lexis Frymoyer is the County Repre of Bloomfield Main Street Inc.


Official website here: www.bloomfieldmainstreet.com

What is the revenue of Bloomfield Main Street Inc?

Bloomfield Main Street Inc's revenue in 2021 was $93,584.


Official website here: www.bloomfieldmainstreet.com

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

The average compensation at Bloomfield Main Street Inc during 2021 was $8,462. There is 1 employee at Bloomfield Main Street Inc.


Here are 14 key members and their salaries:


Ron Bride (County Repre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremiah Campbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Dixon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lexis Frymoyer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexis Henderson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kayci Knowler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stewart Nebel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Oswalt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Devyn Pitlick (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathi Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Spurgeon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vince Tyson (Cmtel Repres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Walton (City Liaison)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bloomfieldmainstreet.com

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

Bloomfield Main Street Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.bloomfieldmainstreet.com

Learn more at the official website: www.bloomfieldmainstreet.com

Mission Statement of Bloomfield Main Street Inc

Bloomfield Main Street Inc is dedicated to stimulating economic development in the downtown area. They achieve this goal through various means, including organization, promotion of a positive image, design, and the administration and distribution of funds related to these activities. The organization's mission is to enhance the appearance of downtown Bloomfield, encouraging growth and attracting interest and tourism. Additionally, Bloomfield Main Street Inc is involved in the promotion and historic preservation of buildings within the area, aiming to maintain its charm and allure while fostering a thriving economic environment.

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Impact




October, 2024

Bloomfield Main Street Inc plays a vital role in stimulating economic development in downtown Bloomfield, Iowa. Through its organized efforts, the initiative promotes a positive image of the area, enhancing its visual appeal and historical significance. By focusing on the design and improvement of downtown spaces, Bloomfield Main Street Inc contributes to a welcoming environment that attracts visitors and fosters community engagement.

The organization actively promotes historic preservation efforts, working to maintain and highlight the unique architectural features of buildings within the historic district. This not only enriches the local culture but also serves to draw interest and tourism to Bloomfield. By organizing events and activities that highlight the town's charm and history, Bloomfield Main Street Inc fosters a sense of community pride and encourages local businesses.

Overall, the impact of Bloomfield Main Street Inc is evidenced by its commitment to revitalize the downtown area, enhance economic opportunities, and preserve the historical and cultural identity of Bloomfield, ensuring a vibrant future for its community.




This information is meant to be a general summary of Bloomfield 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
$93,584 (2021)
Expenses
$67,071 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $66
  • Program Service Revenue: $21,930
  • Gross Receipts: $93,848

Assets and Liabilities:

  • Total Assets: $132,527
  • Total Liabilities: $24,754
  • Net Assets: $107,773

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Programs

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

PROGRAM REVENUE

Revenue

$19,806

OTHER INCOME

Revenue

$2,124

Organization Details

Founding Year

2000

Principal Officer

Lexis Frymoyer

Main Address

101 E FRANKLIN, BLOOMFIELD, IA, 52537

NTEE Category

Code: S20 - Community improvement

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