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Main Street Blytheville Inc

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

EIN: 710691693 ✦ Blytheville, AR ✦ Designated as a 501(c)(3)

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Overview

What is Main Street Blytheville Inc?

Main Street Blytheville Inc is a devoted nonprofit organization situated in Blytheville, Arkansas. Its primary mission revolves around preserving the rich history and heritage of the downtown shopping district while fostering economic growth. To accomplish this, the organization organizes and oversees community events, serving as a charitable catalyst within the city. By administering these festivals, Main Street Blytheville Inc works tirelessly to enhance the local community and contribute positively to Blytheville's economic development.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while Main Street Blytheville Inc demonstrates some strengths in accountability and finance, there are significant governance and transparency issues that need to be addressed.

The organization has a strong governance structure, with an independent board comprising ten members and no material diversion of assets, scoring a perfect 10 out of 10 in these areas. Additionally, their program expense ratio is commendable at 79.88%, indicating a high percentage of funds directed toward their programs. However, the lack of a conflict of interest policy, whistleblower policy, and documented retention policies marks notable deficiencies.

Furthermore, the absence of tax forms on the nonprofit's website raises concerns regarding transparency and accessibility of financial information. Despite its strengths, the missing governance policies and documentation hinder its overall rating and could impact donor confidence.


This AI summary has been generated from information found on Charity Navigator.

Is Main Street Blytheville Inc legitimate?

Main Street Blytheville Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Main Street Blytheville 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: $24,394

For more financial information, click here

What is the mission statement of Main Street Blytheville Inc?

Main Street Blytheville Inc, as a charitable organization, strives to preserve and promote the heritage and history of a downtown shopping district. Their primary goal is to foster economic development within this area. To achieve their mission, they organize community festivals, serving as a catalyst for charitable activities in Blytheville, Arkansas. In essence, Main Street Blytheville Inc aims to revitalize its local shopping district by honoring its past and stimulating its future growth.

Who is the CEO of Main Street Blytheville Inc?

Amy Brothers Riston is the Secretary of Main Street Blytheville Inc.

What is the revenue of Main Street Blytheville Inc?

Main Street Blytheville Inc's revenue in 2022 was $94,073.

Who are the executives of Main Street Blytheville Inc and what are their salaries?

The average compensation at Main Street Blytheville Inc during 2022 was $24,394. There is 1 employee at Main Street Blytheville Inc.


Here are 4 key members and their salaries:


Dr Terri Brassfield (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Lovell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Brothers Riston (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lakristen Spiller (Past Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Main Street Blytheville Inc?

Main Street Blytheville Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Main Street Blytheville Inc

Main Street Blytheville Inc, a charitable organization, is dedicated to promoting and preserving the rich heritage and history of the downtown shopping district. Its mission extends beyond mere preservation; it actively encourages economic development within this area. To achieve its objectives, Main Street Blytheville Inc organizes community festivals. By doing so, it contributes to the charitable cause of revitalizing its community in Blytheville, Arkansas. This nonprofit's efforts are geared towards fostering a thriving downtown shopping district that resonates with its history and stimulates economic growth.

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Impact




October, 2024

Main Street Blytheville Inc plays a vital role in the revitalization of Blytheville's downtown shopping district. By promoting and preserving the area's rich heritage and history, the organization fosters a connection to the past while paving the way for future growth. Its initiatives not only enhance the aesthetic and cultural appeal of the downtown area but also stimulate economic development, attracting both residents and visitors.

The administration of community festivals is a significant aspect of its impact, providing opportunities for local businesses to thrive and for residents to engage in community-building activities. These events create a vibrant social atmosphere, encouraging community involvement and promoting local commerce. Overall, Main Street Blytheville Inc enhances the quality of life in Blytheville by supporting cultural heritage and economic viability, ultimately leading to a stronger, more cohesive community.




This information is meant to be a general summary of Main Street Blytheville 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
$94,073 (2022)
Expenses
$72,097 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,371
  • Program Service Revenue: $20,106
  • Gross Receipts: $94,073

Assets and Liabilities:

  • Total Assets: $184,742
  • Total Liabilities: $916
  • Net Assets: $183,826

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Programs

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

BOOTH/ENTRY FEES

Revenue

$13,418

CONCESSION SALES

Revenue

$6,688

Organization Details

Principal Officer

Amy Brothers Riston

Main Address

P O BOX 83, BLYTHEVILLE, AR, 723160234

NTEE Category

Code: S200 - Community improvement

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