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Route 40 Business Association

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

EIN: 521791221 ✦ Abingdon, MD ✦ Designated as a 501(c)(3)

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Overview

What is Route 40 Business Association?

The Route 40 Business Association is a nonprofit organization committed to enhancing the business environment and improving the quality of life within the Route 40 corridor and surrounding areas. They accomplish this by offering scholarships to youths demonstrating exceptional leadership skills from local schools in the Route 40 area. By providing these scholarships, they aim to foster future leaders who will contribute positively to their community. Additionally, the association actively participates in fundraising efforts for local charities, further enriching the area. The overall mission of the Route 40 Business Association is to stimulate economic growth and uplift the community's livelihood.


Official website here: www.route40business.com

Is Route 40 Business Association legitimate?

Route 40 Business Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Route 40 Business 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.


Official website here: www.route40business.com

What is the mission statement of Route 40 Business Association?

The Route 40 Business Association's mission is centered around two main objectives. Firstly, it aims to grant scholarships to youths exhibiting exceptional leadership qualities from schools within its scope. Secondly, the association works towards enhancing the business environment and improving the quality of life in the Route 40 corridor. This is accomplished by facilitating and promoting businesses in the vicinity, ultimately contributing to a more vibrant community. Additionally, the Association is committed to fundraising for local charities.


Official website here: www.route40business.com

Who is the CEO of Route 40 Business Association?

Leslie Stein is the President of Route 40 Business Association.


Official website here: www.route40business.com

What is the revenue of Route 40 Business Association?

Route 40 Business Association's revenue in 2021 was $64,544.


Official website here: www.route40business.com

Who are the executives of Route 40 Business Association and what are their salaries?


Here are 5 key members and their salaries:


Leslie Stein (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Vendt (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Thompson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Terry (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Koermer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.route40business.com

Where can I find the form 990EZ for Route 40 Business Association?

Route 40 Business Association's most recent form 990EZ was submitted in 2021 and can be accessed here.


Official website here: www.route40business.com

Learn more at the official website: www.route40business.com

Mission Statement of Route 40 Business Association

The Route 40 Business Association, a notable organization, is dedicated to several key objectives. Primarily, it awards scholarships to exceptional youth demonstrating leadership skills from schools situated within the Route 40 area. Beyond this, its mission extends to enhancing the business environment and improving the overall quality of life along the Route 40 corridor and its vicinity. The Association actively works towards achieving these goals, contributing to a more vibrant and thriving business community. Moreover, Route 40 Business Association is committed to raising funds for local charities, further solidifying its role as a pillar of the community.

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Impact




August, 2024

The Route 40 Business Association's impact can be seen through its efforts to provide scholarships to deserving youths who exhibit outstanding leadership qualities from participating schools in the Route 40 area. Additionally, the association works to facilitate the improvement of the business environment and quality of life in the Route 40 corridor and its vicinity. By fundraising for local charities, the association contributes to the betterment of the community and supports initiatives that benefit those in need. Overall, the Route 40 Business Association plays a vital role in promoting community improvement and supporting the development of future leaders in the area.




This information is meant to be a general summary of Route 40 Business 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
$64,544 (2021)
Expenses
$52,315 (2021)
Efficiency

Other financial information:

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

  • Program Service Revenue: $38,117
  • Gross Receipts: $64,544

Assets and Liabilities:

  • Total Assets: $42,530
  • Total Liabilities: $128
  • Net Assets: $42,402

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Organization Details

Principal Officer

Leslie Stein

Main Address

PO BOX 1203, ABINGDON, MD, 21009

NTEE Category

Code: S31 - Community improvement

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