St Armands Circle Association Inc

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

EIN: 591701241 ✦ Sarasota, FL ✦ Designated as a 501(c)(6)

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Overview

What is St Armands Circle Association Inc?

St. Armands Circle Association Inc, based in Sarasota, Florida, serves as a merchants association with a mission to promote St. Armands Circle, an upscale shopping district. The organization offers various benefits, such as providing shoppers with maps, to enhance and amplify the area's marketability. With a modest workforce of only 2 employees, St. Armands Circle Association Inc plays a vital role in showcasing and supporting this exclusive retail destination.


Official website here: www.starmandscircleassoc.com

Is St Armands Circle Association Inc legitimate?

St Armands Circle Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. St Armands Circle Association 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: $41,572
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.starmandscircleassoc.com

What is the mission statement of St Armands Circle Association Inc?

The St. Armands Circle Association Inc serves as a merchants association, dedicated to promoting an exclusive retail shopping area. Their primary objective is to enhance and boost the marketability of the area, providing valuable resources for shoppers such as maps. The association's mission is centered around showcasing and boosting the popularity of the St. Armands Circle shopping destination.


Official website here: www.starmandscircleassoc.com

What is the revenue of St Armands Circle Association Inc?

St Armands Circle Association Inc's revenue in 2023 was $89,077.


Official website here: www.starmandscircleassoc.com

Who are the executives of St Armands Circle Association Inc and what are their salaries?

The average compensation at St Armands Circle Association Inc during 2023 was $41,572. There is 1 employee at St Armands Circle Association Inc.

Here are 3 key members and their salaries:


Andrew Vac (Director Of Membership)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Macdonald (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Kravitz Burns (Executive Director)
  • Compensation: $37,372
  • Related: $0
  • Other: $4,000


Official website here: www.starmandscircleassoc.com

Where can I find the form 990 for St Armands Circle Association Inc?

St Armands Circle Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.starmandscircleassoc.com

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

Mission Statement of St Armands Circle Association Inc

St. Armands Circle Association Inc, serving as a merchants association, is dedicated to promoting St. Armands Circle, an exclusive retail shopping area. Their primary mission is to enhance and increase the marketability of this distinctive shopping destination. The organization accomplishes this by providing valuable resources to shoppers, such as maps, which aid in navigating and discovering the various shops and outlets within the Circle. By promoting St. Armands Circle, St. Armands Circle Association Inc contributes to the overall success and appeal of the retail area.

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Impact




October, 2024

St. Armands Circle Association Inc plays a pivotal role in enhancing the vibrancy and appeal of St. Armands Circle, an exclusive retail shopping destination in Sarasota, Florida. By actively promoting the area, the association helps to boost local commerce, making it a go-to spot for both residents and visitors.

The organization provides valuable resources such as shopping maps, which facilitate a seamless experience for shoppers exploring the diverse array of boutiques, restaurants, and services available. This not only increases foot traffic but also enhances the overall marketability of St. Armands Circle as a prime shopping locale.

Through its dedicated efforts, the association contributes to community improvement by fostering a sense of place and attracting visitors, which in turn supports local businesses and promotes economic growth in the area. The initiatives spearheaded by the association ensure that St. Armands Circle remains a thriving hub, benefiting both merchants and the wider community.




This information is meant to be a general summary of St Armands Circle 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
$89,077 (2023)
Expenses
$199,580 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $4
  • Program Service Revenue: $89,073
  • Gross Receipts: $89,077

Assets and Liabilities:

  • Total Assets: $62,229
  • Total Liabilities: $2,096
  • Net Assets: $60,133

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM REVENUES

Revenue

$84,686

MEMBERSHIP FEES

Revenue

$4,387

Organization Details

Founding Year

1987

Principal Officer

Rachel Kravitz Burns

NTEE Category

Code: S41 - Community improvement

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