Overview
What is Carlsbad Mainstreet Project?
The Carlsbad Mainstreet Project is a nonprofit organization based in Carlsbad, New Mexico, with a focus on enhancing and revitalizing the downtown area. Their mission is to strengthen the Mainstreet district as the heart of the community by concentrating on organization, promotion, design, and economic restructuring. Specifically, they aim to improve the aesthetic appeal of downtown through streetscape enhancements, murals, and Christmas lights, among other initiatives. By doing so, they work towards preserving the charm and vibrancy of downtown Carlsbad for the benefit of the local community. The organization currently employs three individuals.
Official website here: www.carlsbadmainstreet.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating on Charity Navigator.
The Carlsbad Mainstreet Project has received a solid Three-Star rating, reflecting a commendable performance in accountability and finance. With an overall score of 84%, the organization demonstrates strong governance practices, including a fully independent board and no material diversion of assets. Their commitment to transparency is also evident through the availability of various policies, including conflict of interest and whistleblower policies.
The nonprofit shows a good commitment to accountability with a liabilities to assets ratio of just 2.54%, indicating healthy financial management. Furthermore, the organization meets expectations for documenting board meeting minutes and maintaining its website presence as required for public accessibility.
However, the program expense ratio stands at 59.84%, which suggests that a significant portion of funds may be directed toward administrative expenses rather than directly supporting programs. This aspect may raise concerns among donors who prioritize direct impact, indicating a potential area for improvement in the allocation of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Carlsbad Mainstreet Project legitimate?
Carlsbad Mainstreet Project is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carlsbad Mainstreet Project 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: $15,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $84,029
For more financial information, click here
Official website here: www.carlsbadmainstreet.org
What is the mission statement of Carlsbad Mainstreet Project?
The Carlsbad Mainstreet Project focuses on enhancing and preserving the vitality of a community's downtown district. Their mission involves concentrated efforts in organization, promotion, design, and economic restructuring to strengthen the main street district as the heart of the community. Their activities include enhancing streetscapes, adding murals, and installing Christmas lights, among other revitalization efforts.
Official website here: www.carlsbadmainstreet.org
Who is the CEO of Carlsbad Mainstreet Project?
Jason Shirley is the Vice President of Carlsbad Mainstreet Project.
Official website here: www.carlsbadmainstreet.org
What is the revenue of Carlsbad Mainstreet Project?
Carlsbad Mainstreet Project's revenue in 2022 was $375,938.
Official website here: www.carlsbadmainstreet.org
Who are the executives of Carlsbad Mainstreet Project and what are their salaries?
The average compensation at Carlsbad Mainstreet Project during 2022 was $33,010. There are 3 employees and 150 volunteers at Carlsbad Mainstreet Project.
Here are 9 key members and their salaries:
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- Compensation: $15,000
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Official website here: www.carlsbadmainstreet.org
Where can I find the form 990 for Carlsbad Mainstreet Project?
Carlsbad Mainstreet Project's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.carlsbadmainstreet.org
Learn more at the official website: www.carlsbadmainstreet.org
Mission Statement of Carlsbad Mainstreet Project
The Carlsbad Mainstreet Project, a dedicated organization, aims to enhance and revitalize the heart of a community. Its mission is threefold: organization, promotion, and economic restructuring, with a specific focus on the Mainstreet district. This project strives to strengthen the Mainstreet district as a focal point of the community, transforming it into a vibrant and thriving hub.
The Carlsbad Mainstreet Project pursues this mission through concerted efforts in various areas. Its strategies involve enhancing the physical appearance of the district through streetscape improvements, the installation of murals, and the decoration of Christmas lights, among other aesthetically pleasing initiatives. These efforts are designed to boost the district's appeal and attractiveness, thereby stimulating economic growth.
In addition to physical improvements, the Carlsbad Mainstreet Project also focuses on promoting the district. This includes organizing events and marketing campaigns to increase awareness and draw more visitors to the area. By promoting the district, the project aims to boost businesses and create a more thriving community.
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Impact
June, 2024
Carlsbad Mainstreet Project's impact includes the promotion, revitalization, and preservation of downtown Carlsbad, New Mexico. This is achieved through various initiatives such as streetscape enhancements, murals, Christmas lights, and more. The organization's mission is to strengthen the Mainstreet district as the center of the community through concentrated efforts in organization, promotion, design, and economic restructuring.
This information is meant to be a general summary of Carlsbad Mainstreet Project. 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: $331,781
- Gross Receipts: $618,571
Assets and Liabilities:
- Total Assets: $315,846
- Total Liabilities: $8,034
- Net Assets: $307,812
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LODGERS TAX ADVERTISIN
Revenue
$157,721
CARLSBAD CITY CONTRACT
Revenue
$120,000
LODGERS TAX HOLIDAY
Revenue
$30,310
EDDY COUNTRY FUNDS
Revenue
$23,750
Organization Details
Founding Year
1996
Phone
(575) 628-3768Principal Officer
Jason Shirley
Main Address
PO BOX 302, CARLSBAD, NM, 88221
Website
www.carlsbadmainstreet.orgNTEE Category
Code: C50 - Environment
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