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New Albany Main Street Association Inc

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

EIN: 640884475 ✦ New albany, MS ✦ Designated as a 501(c)(3)

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Overview

What is New Albany Main Street Association Inc?

New Albany Main Street Association Inc, situated in New Albany, Mississippi, serves as a community development corporation. Their primary objective is to bolster the economic prosperity of the area. As a community-focused organization, they strive to accomplish this mission by actively promoting the local economy of New Albany. The association does not provide specific details about the methods they employ in achieving this goal, but their mission statement demonstrates their commitment to fostering economic growth and stability in the community.


Official website here: www.newalbanymainstreet.com

What do the Facebook reviews say about New Albany Main Street Association Inc?

98% of 16 reviewers on Facebook recommend this charity. Here is a summary of their reviews:

Many individuals express their appreciation for the positive changes happening in their hometown, particularly in the downtown area. Users feel a strong sense of pride as they witness improvements that emphasize historic preservation and promote local art and heritage.

The overwhelming consensus reflects a strong support for the organization’s mission, with many noting the tangible impact the nonprofit has on community revitalization and engagement. Overall, the sentiment is one of enthusiasm and optimism for the future of New Albany.


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

Is New Albany Main Street Association Inc legitimate?

New Albany Main Street Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Albany Main Street 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.newalbanymainstreet.com

What is the mission statement of New Albany Main Street Association Inc?

The New Albany Main Street Association Inc, serving as a community development corporation, is dedicated to enhancing the economic well-being of its respective community. The organization's primary goal is to foster economic growth and development within the community. By promoting economic welfare, the association aims to contribute positively to the overall development and prosperity of the community. The association's activities and initiatives are geared towards achieving this mission.


Official website here: www.newalbanymainstreet.com

Who is the CEO of New Albany Main Street Association Inc?

Bob Spencer is the President of New Albany Main Street Association Inc.


Official website here: www.newalbanymainstreet.com

What is the revenue of New Albany Main Street Association Inc?

New Albany Main Street Association Inc's revenue in 2022 was $148,546.


Official website here: www.newalbanymainstreet.com

Who are the executives of New Albany Main Street Association Inc and what are their salaries?


Here are 10 key members and their salaries:


Bob Spencer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betty King (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Ray (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Kidd (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
C J Bright (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Wiseman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Conlee (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colt Doom (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Brown (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billye Jean Stroud (Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newalbanymainstreet.com

Where can I find the form 990EZ for New Albany Main Street Association Inc?

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


Official website here: www.newalbanymainstreet.com

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

Mission Statement of New Albany Main Street Association Inc

New Albany Main Street Association, as a community development corporation, is committed to enhancing the economic prosperity of its respective community. Their mission, in essence, is geared towards fostering the economic well-being of New Albany, Mississippi. The association plays an instrumental role in promoting economic growth and development within this community, thereby contributing to its overall welfare.

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Impact




October, 2024

New Albany Main Street Association Inc plays a crucial role in enhancing the economic vitality and overall well-being of New Albany, MS. By focusing on community development, the organization actively works to improve local businesses, foster a sense of community pride, and create a vibrant downtown area. Initiatives led by the Association often include supporting entrepreneurs, organizing local events, and advocating for policies that benefit the town's economic landscape. The Association’s efforts contribute to revitalizing public spaces, attracting visitors, and encouraging investment, ultimately ensuring the sustainable growth and development of New Albany. Through its commitment to community improvement, New Albany Main Street Association Inc strengthens the social and economic fabric of the area, making it a better place for residents and businesses alike.




This information is meant to be a general summary of New Albany Main Street 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
$148,546 (2022)
Expenses
$99,241 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $238
  • Gross Receipts: $148,546

Assets and Liabilities:

  • Total Assets: $305,588
  • Total Liabilities: $3,792
  • Net Assets: $301,796

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Organization Details

Principal Officer

Bob Spencer

Main Address

135 E Bankhead Street, New Albany, MS, 38652

NTEE Category

Code: S200 - Community improvement

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