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Main Street Beatrice Inc

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

EIN: 470804574 ✦ Beatrice, NE ✦ Designated as a 501(c)(3)

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Overview

What is Main Street Beatrice Inc?

Main Street Beatrice Inc is a nonprofit organization dedicated to revitalizing and boosting the Historic Downtown District. They achieve this goal by facilitating economic restructuring and promotional activities, attracting over 175 businesses to their mission area. During the ongoing Covid-19 crisis, Main Street Beatrice has been proactive in providing updates on available grants and economic initiatives to ensure continued support for local businesses. Their active social media presence serves to promote area businesses and community events, garnering over 4,000 likes and follows by the end of the year.


Official website here: www.mainstreetbeatrice.org

What do the Facebook reviews say about Main Street Beatrice Inc?

Though Main Street Beatrice Inc currently has limited feedback, it appears that there is a positive sentiment among the reviewers. One individual highlighted the organization's dedication, stating that it comprises "a good group of citizens promoting the city they live in and love."

This suggests that supporters appreciate the nonprofit's efforts to enhance their community and foster a sense of pride among residents. The recommendation indicates an encouraging start, even with just a few reviews.

Overall, while more reviews would provide a more comprehensive picture, the existing feedback reflects a commitment to community engagement and development that resonates well with those involved.


This AI summary has been generated from reviews found on Facebook.

Is Main Street Beatrice Inc legitimate?

Main Street Beatrice Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Main Street Beatrice Inc 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.


Official website here: www.mainstreetbeatrice.org

What is the mission statement of Main Street Beatrice Inc?

Main Street Beatrice Inc's mission is centered around preserving, promoting, and enhancing a Historic Downtown District. The organization achieves this through economic restructuring and promotional activities. They have over 175 businesses under their purview, focusing on providing support during challenging times like the Covid-19 crisis. They keep the community informed about potential grant opportunities and economic initiatives. Main Street Beatrice Inc also maintains an active online presence, utilizing social media to promote local businesses and community events. By year-end, they have amassed a significant following of over 4,000 likes and followers.


Official website here: www.mainstreetbeatrice.org

Who is the CEO of Main Street Beatrice Inc?

Michael Sothan is the Executive Director of Main Street Beatrice Inc.


Official website here: www.mainstreetbeatrice.org

What is the revenue of Main Street Beatrice Inc?

Main Street Beatrice Inc's revenue in 2022 was $137,419.


Official website here: www.mainstreetbeatrice.org

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


Here are 16 key members and their salaries:


Michael Sothan (Executive Director)
  • Compensation: $42,000
  • Related: $0
  • Other: $0
Jacob May (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karlene Douglas (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danielle Fairbanks (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Hydo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laureen Riedesel (Executive Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Belding (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trevor Chadwick (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danielle Deines (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wade Dekoning (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Feist (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Freese (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brittany Podany (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Simonson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brooke Thayer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Zarybnicky (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mainstreetbeatrice.org

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

Main Street Beatrice Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.mainstreetbeatrice.org

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

Mission Statement of Main Street Beatrice Inc

Main Street Beatrice Inc, a dedicated organization, aims to safeguard, amplify, and improve the Historic Downtown District. Their primary objective is to stimulate economic growth within this area, providing a home to over 175 businesses. In response to the ongoing Covid-19 crisis, Main Street Beatrice Inc has taken an active role in supporting these businesses by disseminating information about available grants and economic initiatives. Their presence on social media is considerable, boasting over 4,000 likes and follows by the year's end. By promoting local businesses and community events via these platforms, Main Street Beatrice Inc plays a significant role in fostering a sense of unity and engagement within the community.

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Impact




October, 2024

Main Street Beatrice Inc significantly influences the vitality of the Historic Downtown District in Beatrice, Nebraska. By focusing on economic restructuring and promotional efforts, the organization has fostered an environment where over 175 businesses thrive. The support provided during the Covid-19 crisis has been particularly impactful, as it helped local businesses navigate challenges through timely updates on grant opportunities and economic initiatives.

In addition to direct support for businesses, Main Street Beatrice enhances community engagement through an active social media presence, effectively promoting local events and contributing to the sense of community identity. With over 4,000 likes and follows on social media, their efforts not only attract attention to local businesses but also bolster community pride and participation.

Through their various initiatives, Main Street Beatrice plays a crucial role in preserving the historical charm of the downtown area while ensuring its economic sustainability, thereby enriching the overall quality of life for residents and visitors alike.




This information is meant to be a general summary of Main Street Beatrice 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
$137,419 (2022)
Expenses
$120,046 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $760
  • Program Service Revenue: $4,809
  • Gross Receipts: $165,661

Assets and Liabilities:

  • Total Assets: $169,166
  • Total Liabilities: $19,747
  • Net Assets: $149,419

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Organization Details

Principal Officer

Michael Sothan

Main Address

PO Box 125, Beatrice, NE, 68310

NTEE Category

Code: S200 - Community improvement

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