Overview
What is Old Takoma Business Association Inc?
Old Takoma Business Association Inc, based in Takoma Park, Maryland, and Washington, D.C., is a nonprofit organization dedicated to enhancing the city's commercial district and preserving its rich history. They achieve this by collaborating with businesses, residents, and community organizations through cultural events, beautification projects, and supporting local, independent businesses. The Maryland State Main Street Program plays a significant role in their mission, as they aim to foster a thriving community. With a small team of dedicated individuals, Old Takoma Business Association Inc works tirelessly to improve the economy, appearance, and image of the historical downtown area.
Official website here: www.mainstreettakoma.org
Is Old Takoma Business Association Inc legitimate?
Old Takoma Business Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Old Takoma Business 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: $91,125
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.mainstreettakoma.org
What is the mission statement of Old Takoma Business Association Inc?
The Old Takoma Business Association Inc's mission is to unite businesses, residents, and community organizations to foster a thriving commercial district. They achieves this by utilizing the Maryland State Main Street Program and addressing the needs of independently-owned local businesses. The association's work contributes to the well-being of the community, aiming to enhance the economy, improve the appearance, and boost the image of the downtown commercial and cultural district. They accomplish this through cultural events, beautification projects, and supporting small, local businesses. The association's mission is also geared towards preserving the rich history of the neighborhood.
Official website here: www.mainstreettakoma.org
Who is the CEO of Old Takoma Business Association Inc?
Carolina Mccandless is the President of Old Takoma Business Association Inc.
Official website here: www.mainstreettakoma.org
What is the revenue of Old Takoma Business Association Inc?
Old Takoma Business Association Inc's revenue in 2022 was $345,160.
Official website here: www.mainstreettakoma.org
Who are the executives of Old Takoma Business Association Inc and what are their salaries?
The average compensation at Old Takoma Business Association Inc during 2022 was $91,125. There is 1 employee at Old Takoma Business Association Inc.
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Official website here: www.mainstreettakoma.org
Where can I find the form 990 for Old Takoma Business Association Inc?
Old Takoma Business Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mainstreettakoma.org
Learn more at the official website: www.mainstreettakoma.org
Mission Statement of Old Takoma Business Association Inc
Old Takoma Business Association Inc, a nonprofit organization, brings together businesses, residents, and community organizations in an effort to build and sustain a vibrant commercial district. Their mission is twofold: firstly, they aim to preserve the neighborhood's rich history, and secondly, they work towards improving the economy, appearance, and image of the historical downtown commercial and cultural district. They accomplish this by utilizing the Maryland State Main Street Program and addressing issues essential to independently-owned local businesses, contributing to a thriving community. The association's activities extend beyond the city of Takoma Park, MD, also impacting the Takoma neighborhood in Washington, D.C. Through cultural events, beautification initiatives, and support to small, local businesses, Old Takoma Business Association Inc plays a significant role in enhancing the livability and appeal of the downtown area.
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Impact
October, 2024
Old Takoma Business Association Inc plays a vital role in fostering a vibrant and sustainable commercial district in Takoma Park, MD, and the Takoma neighborhood in Washington, D.C. By uniting businesses, residents, and community organizations, it enhances the local economy and preserves the rich historical and cultural heritage of the area.
Through its efforts, the association administers the Takoma Park Main Street Maryland Program, focusing on improving the economy, aesthetic appeal, and overall image of the downtown commercial district. This includes organizing cultural events that engage the community, beautifying public spaces, and providing essential support to independently-owned local businesses.
The impact of these initiatives is far-reaching. The association not only helps bolster local economies by advocating for small businesses, but it also cultivates a sense of community pride and historical awareness among residents. By promoting collaboration and encouraging community engagement, Old Takoma Business Association Inc effectively contributes to a thriving, interconnected community that values its past while striving for a prosperous future.
This information is meant to be a general summary of Old Takoma Business 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,440
- Program Service Revenue: $100,769
- Gross Receipts: $345,160
Assets and Liabilities:
- Total Assets: $369,479
- Total Liabilities: $36,943
- Net Assets: $332,536
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OLD TAKOMA STREET FEST
Revenue
$54,147
TRUK GARTEN
Revenue
$24,805
COMMUNITY BRANDING
Revenue
$15,542
HOLIDAY GIFTING MARKET
Revenue
$2,600
TAKOMA MARKETING
Revenue
$1,875
Organization Details
Founding Year
2003
Phone
(301) 891-6789Principal Officer
Carolina Mccandless
Main Address
6909 LAUREL AVENUE STE A, TAKOMA PARK, MD, 20912
Website
www.mainstreettakoma.orgNTEE Category
Code: S20 - Community improvement
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