Overview
What is Federal Hill Main Street Inc?
Federal Hill Main Street Inc is a nonprofit organization situated in Baltimore, Maryland, specifically at 42 E Cross Street. Their primary mission is to revitalize and promote the South Baltimore business district, aiming to reverse negative trends, rebuild the business base, and create new job opportunities. Through various advertising and promotional activities, they have contributed significantly to the growth of the neighborhood, leading to an increase in home sales and community involvement. Their efforts have resulted in numerous festivals and events that have garnered excitement and exposure for the area's developments. With a small team of two employees, Federal Hill Main Street Inc is dedicated to strengthening the local economy and fostering a sense of community pride in the South Baltimore district.
Official website here: www.fedhill.org/
Is Federal Hill Main Street Inc legitimate?
Federal Hill Main Street Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Federal Hill 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $83,871
For more financial information, click here
Official website here: www.fedhill.org/
What is the mission statement of Federal Hill Main Street Inc?
Federal Hill Main Street Inc's mission is to foster the growth of a business district in a specific neighborhood. Their objective is to reverse negative trends and help rebuild the business base, ultimately leading to the creation of new job opportunities. They achieve this by employing advertising and promotion strategies, which have significantly contributed to the district's revitalization. The community's active involvement, including volunteering and interest in the district's growth, further strengthens its development. Festivals and events organized by the organization have sparked excitement and attracted new people, showcasing the progress within the business district.
Official website here: www.fedhill.org/
Who is the CEO of Federal Hill Main Street Inc?
Garrett Schiche is the President of Federal Hill Main Street Inc.
Official website here: www.fedhill.org/
What is the revenue of Federal Hill Main Street Inc?
Federal Hill Main Street Inc's revenue in 2022 was $140,417.
Official website here: www.fedhill.org/
Who are the executives of Federal Hill Main Street Inc and what are their salaries?
The average compensation at Federal Hill Main Street Inc during 2022 was $41,936. There are 2 employees and 11 volunteers at Federal Hill Main Street Inc.
Here are 4 key members and their salaries:
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Official website here: www.fedhill.org/
Where can I find the form 990 for Federal Hill Main Street Inc?
Federal Hill Main Street Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fedhill.org/
Learn more at the official website: www.fedhill.org/
Mission Statement of Federal Hill Main Street Inc
Federal Hill Main Street Inc is an organization committed to revitalizing a business district and reversing negative trends in the neighborhood. Their mission is twofold: firstly, they aim to organize and promote the business district, fostering a sense of community and interest in its growth. Secondly, they strive to help rebuild the business base and create new job opportunities, ultimately contributing to the overall development of the neighborhood. Through advertising and promotion, the revitalized business district has seen significant growth, attracting both home buyers and new businesses to the area. The community's involvement in volunteering and development initiatives further bolsters the success of Federal Hill Main Street Inc's mission, making it a vital force in the neighborhood's transformation.
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Impact
October, 2024
Federal Hill Main Street Inc has significantly revitalized the South Baltimore business district, effectively addressing and reversing negative trends in the neighborhood. By organizing and promoting local businesses, the initiative has not only strengthened the economic base but also fostered community involvement and pride.
Through targeted advertising and promotions, the business district has seen growth, stimulating increased interest in homeownership and new business ventures. This revitalization has led to the sale of more homes and a vibrant atmosphere that attracts both residents and newcomers. Community engagement has flourished, with numerous volunteer opportunities and events that encourage local participation, further stimulating excitement around the neighborhood.
Festivals and other community events have made the area more appealing, showcasing the progress made within the business district and drawing in visitors who may become future residents or business owners. Overall, Federal Hill Main Street Inc plays a pivotal role in enhancing the quality of life in South Baltimore, creating new jobs, and fostering a collective commitment to the neighborhood’s development.
This information is meant to be a general summary of Federal Hill 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 2022.
- Program Service Revenue: $2,768
- Gross Receipts: $140,417
Assets and Liabilities:
- Total Assets: $58,754
- Total Liabilities: $82,295
- Net Assets: -$23,541
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FESTIVAL REVENUE
Revenue
$2,768
Organization Details
Founding Year
2000
Phone
(443) 904-4861Principal Officer
Garrett Schiche
Main Address
42 E CROSS STREET, BALTIMORE, MD, 21211
Website
www.fedhill.org/NTEE Category
Code: S200 - Community improvement
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