Overview
What is Monett Main Street Inc?
Monett Main Street Inc is a community-focused nonprofit organization based in Monett, Missouri. Their primary mission is to revitalize Downtown Monett, transforming it into a vibrant social gathering place. They achieve this by promoting local businesses, fostering education, organizing unique events to showcase the area's culture and history, and developing parks and recreational spaces. By doing so, Monett Main Street Inc contributes to the overall growth and vitality of the community, creating an engaging and inviting atmosphere for locals and visitors alike.
Official website here: www.monettmainstreet.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)
Monett Main Street Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 76%. This rating is primarily based on the organization's accountability and finance metrics, which are crucial for potential donors assessing the charity's reliability and transparency. The rating indicates that while the organization demonstrates a good level of financial responsibility, there are areas for improvement, particularly concerning governance policies.
One notable strength of Monett Main Street Inc is its fully independent board, with 100% of its members being independent, which suggests a commitment to unbiased governance. The organization also has no material diversion of assets, meaning that all resources are being utilized effectively for its programs. Additionally, it has shown excellent financial ratios, with program expenses accounting for 100% of its expenditures and an impressive liabilities-to-assets ratio of 0.00%.
However, the organization lacks certain critical governance policies, such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These omissions indicate areas where Monett Main Street Inc can enhance its governance framework to ensure transparency and accountability, which are essential for fostering trust among stakeholders and potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Monett Main Street Inc legitimate?
Monett Main Street Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monett 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:
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For more financial information, click here
Official website here: www.monettmainstreet.com
What is the mission statement of Monett Main Street Inc?
Monett Main Street Inc's mission is centered around promoting Downtown Monett as a vibrant community hub. This includes fostering business and educational growth, organizing special events to showcase the area's culture and history, and developing parks and recreational spaces. The ultimate goal is to transform Downtown Monett into a lively social gathering place where the community can connect and engage.
Official website here: www.monettmainstreet.com
Who is the CEO of Monett Main Street Inc?
Chris Weiner is the Treasurer of Monett Main Street Inc.
Official website here: www.monettmainstreet.com
What is the revenue of Monett Main Street Inc?
Monett Main Street Inc's revenue in 2023 was $40,479.
Official website here: www.monettmainstreet.com
Who are the executives of Monett Main Street Inc and what are their salaries?
There 15 volunteers at Monett Main Street Inc.
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Official website here: www.monettmainstreet.com
Where can I find the form 990 for Monett Main Street Inc?
Monett Main Street Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.monettmainstreet.com
Learn more at the official website: www.monettmainstreet.com
Mission Statement of Monett Main Street Inc
Monett Main Street Inc, as an active community promoter, strives to position downtown Monett as a vibrant hub that fosters business growth and education. Its mission extends beyond this, encompassing the organization of special events to showcase the area's rich culture and history. Moreover, Monett Main Street Inc is dedicated to the development of parks and recreational spaces, aiming to transform downtown into a lively social gathering place. By encouraging these activities, the organization seeks to contribute to the overall well-being and engagement of the community.
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Impact
August, 2024
Monett Main Street Inc plays a crucial role in revitalizing downtown Monett, Missouri, by serving as the activity center for the community. Through its efforts to promote local businesses and education, organize special cultural events, and develop parks and recreation spaces, Monett Main Street creates a vibrant and thriving downtown area that fosters social interaction and community engagement. Its focus on showcasing the area's rich culture and history contributes to preserving the town's heritage while also driving economic growth and enhancing the overall quality of life for residents. By embracing the arts and emphasizing the importance of community involvement, Monett Main Street has a significant impact on transforming downtown Monett into a dynamic and inviting social hub for both residents and visitors alike.
This information is meant to be a general summary of Monett 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $3,756
- Gross Receipts: $40,479
Assets and Liabilities:
- Total Assets: $152,610
- Total Liabilities: $0
- Net Assets: $152,610
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REPURPOSE FAIRE/FARM MARKET
Revenue
$3,131
FARMERS MARKET
Revenue
$625
Organization Details
Phone
(417) 235-3355Principal Officer
Chris Weiner
Main Address
217 5TH STREET, MONETT, MO, 65708
Website
www.monettmainstreet.comNTEE Category
Code: A80 - Arts
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