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Magnolia Park Merchants Association

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

EIN: 464649290 ✦ Burbank, CA ✦ Designated as a 501(c)(6)

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Overview

What is Magnolia Park Merchants Association?

The Magnolia Park Merchants Association is a nonprofit organization that actively supports and elevates businesses within Magnolia Park. Through various initiatives, they serve as a promotional platform, fostering growth and visibility for their member merchants. This association functions as a business promotion organization, aiming to enhance the commercial landscape of Magnolia Park.

Is Magnolia Park Merchants Association legitimate?

Magnolia Park Merchants Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Magnolia Park Merchants Association 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.

What is the mission statement of Magnolia Park Merchants Association?

The Magnolia Park Merchants Association serves to champion the local businesses in Magnolia Park by implementing diverse promotional initiatives. Their primary objective is to function as a business promotion organization, aiming to boost the visibility and prosperity of the merchants within the association. The association's activities are geared towards fostering a supportive environment for these businesses, thereby contributing to the overall growth and vitality of the commercial sector.

Who is the CEO of Magnolia Park Merchants Association?

Kathleen Ross is the President of Magnolia Park Merchants Association.

What is the revenue of Magnolia Park Merchants Association?

Magnolia Park Merchants Association's revenue in 2022 was $47,418.

Who are the executives of Magnolia Park Merchants Association and what are their salaries?


Here are 2 key members and their salaries:


Kathleen Ross (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Tabb (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Magnolia Park Merchants Association?

Magnolia Park Merchants Association's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Magnolia Park Merchants Association

The Magnolia Park Merchants Association, in essence, is a dedicated organization that aims to boost the visibility and success of the merchants in Magnolia Park. It achieves this objective by implementing various promotional programs. Serving as a business promotion entity, the Association plays a pivotal role in propelling the growth and recognition of the Magnolia Park merchants.

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Impact




October, 2024

The Magnolia Park Merchants Association plays a crucial role in enhancing the local economy and community engagement in Burbank, California. By promoting Magnolia Park merchants through various programs, the association helps increase visibility for local businesses, encouraging residents and visitors to shop locally. The organization's initiatives foster a sense of community and collaboration among merchants, which can lead to innovative business strategies and shared resources.

Through targeted promotions and events, the Magnolia Park Merchants Association creates opportunities for businesses to attract new customers and retain existing ones. This not only boosts individual business performance but also contributes to the overall vitality of the Magnolia Park area. The association's focus on community improvement helps cultivate a vibrant shopping environment, making Magnolia Park a desirable destination for consumers.

In summary, the Magnolia Park Merchants Association significantly impacts the local business landscape by supporting merchant growth, enhancing community engagement, and fostering a thriving economic environment in Burbank.




This information is meant to be a general summary of Magnolia Park Merchants Association. 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
$47,418 (2022)
Expenses
$46,177 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $47,418

Assets and Liabilities:

  • Total Assets: $28,840
  • Total Liabilities: $16,080
  • Net Assets: $12,760

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Organization Details

Principal Officer

Kathleen Ross

Main Address

3117 W MAGNOLIA BLVD, BURBANK, CA, 91505

NTEE Category

Code: S41 - Community improvement

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