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Webster Square Business Association Inc

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

EIN: 474706599 ✦ Worcester, MA ✦ Designated as a 501(c)(3)

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Overview

What is Webster Square Business Association Inc?

The Webster Square Business Association Inc is a nonprofit organization that actively supports local businesses and merchants situated within the broader Webster Square area. Their primary objective is to benefit both their customers and the community as a whole. One of their notable initiatives is providing educational scholarships to deserving high school seniors who are set to graduate, furthering their education. The association works tirelessly to promote a thriving business environment, contributing positively to the community's well-being.


Official website here: www.webstersquarebusiness.com

Is Webster Square Business Association Inc legitimate?

Webster Square Business Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Webster Square Business Association 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.webstersquarebusiness.com

What is the mission statement of Webster Square Business Association Inc?

The Webster Square Business Association aims to foster the growth and success of small businesses and merchants in their respective field. This organization operates with the well-being of their customers and local residents in mind. In addition to their promotional efforts, they also offer college scholarships to deserving high school graduating seniors, demonstrating their commitment to supporting the community's youth.


Official website here: www.webstersquarebusiness.com

Who is the CEO of Webster Square Business Association Inc?

Michael Marchand is the President of Webster Square Business Association Inc.


Official website here: www.webstersquarebusiness.com

What is the revenue of Webster Square Business Association Inc?

Webster Square Business Association Inc's revenue in 2022 was $4,820.


Official website here: www.webstersquarebusiness.com

Who are the executives of Webster Square Business Association Inc and what are their salaries?


Here are 3 key members and their salaries:


Michael Marchand (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Marchand (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Woods (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.webstersquarebusiness.com

Where can I find the form 990EZ for Webster Square Business Association Inc?

Webster Square Business Association Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.webstersquarebusiness.com

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

Mission Statement of Webster Square Business Association Inc

The Webster Square Business Association, a notable organization, is committed to the betterment of small businesses and merchants within the broader Webster Square region. Their primary objective is to enhance the customer experience and contribute positively to the local community. Beyond this, the association also extends college scholarships to deserving high school graduating seniors, demonstrating their dedication to nurturing the next generation.

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Impact




August, 2024

Webster Square Business Association Inc plays a crucial role in supporting and promoting small businesses and merchants in the greater Webster Square area, ultimately benefiting both customers and area residents. Additionally, the organization contributes to the community by providing college scholarships to deserving high school graduating seniors. This impact helps to strengthen the local economy, support educational pursuits, and foster a sense of community pride and support.




This information is meant to be a general summary of Webster Square Business Association 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
$4,820 (2022)
Expenses
$6,335 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $60
  • Gross Receipts: $4,820

Assets and Liabilities:

  • Total Assets: $32,209
  • Total Liabilities: $0
  • Net Assets: $32,209

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Organization Details

Principal Officer

Michael Marchand

Main Address

PO BOX 30206, WORCESTER, MA, 01603

NTEE Category

Code: W99 - Public benefit

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