101 Main Street Inc

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

EIN: 851152443 ✦ Concord, NH ✦ Designated as a 501(c)(3)

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Overview

What is 101 Main Street Inc?

101 Main Street Inc, situated at 18 North Main Street 204, Concord, New Hampshire, serves as a supporting organization for The Northern Forest Center, Inc. The nonprofit holds the title to the historic Parker J. Noyes building located at 101 Main Street in Lancaster, NH. Their primary focus is to facilitate the redevelopment of this 11,000-square-foot property, transforming it into enhanced commercial and residential real estate that caters to Lancaster's needs for quality rental properties and acts as a vital economic hub in New Hampshire's North Country. By doing so, 101 Main Street Inc contributes to the community's growth and development.


Official website here: www.northernforest.org

Is 101 Main Street Inc legitimate?

101 Main Street Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 101 Main Street 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: $0

For more financial information, click here


Official website here: www.northernforest.org

What is the mission statement of 101 Main Street Inc?

101 Main Street Inc., functioning as a supporting organization for The Northern Forest Center, Inc., does not directly have a mission statement of its own. However, its role can be inferred from its association. As the fiduciary agent and owner of a historic property, it contributes to the redevelopment of the property, aiming to provide improved commercial and residential real estate that serves as an economic hub, meeting the needs for quality rental properties in the area. This initiative, in turn, supports Lancaster's growth and development in New Hampshire's North Country.


Official website here: www.northernforest.org

Who is the CEO of 101 Main Street Inc?

Robert Riley is the Chair of 101 Main Street Inc.


Official website here: www.northernforest.org

What is the revenue of 101 Main Street Inc?

101 Main Street Inc's revenue in 2022 was $92,941.


Official website here: www.northernforest.org

Who are the executives of 101 Main Street Inc and what are their salaries?

There 4 volunteers at 101 Main Street Inc.


Here are 5 key members and their salaries:


Robert Riley (Chair)
  • Compensation: $0
  • Related: $149,441
  • Other: $31,094
Jim Tibbetts (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tabitha Bowling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Large (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Nichols (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.northernforest.org

Where can I find the form 990 for 101 Main Street Inc?

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


Official website here: www.northernforest.org

Learn more at the official website: www.northernforest.org

Mission Statement of 101 Main Street Inc

101 Main Street Inc, as a non-profit supporting organization of The Northern Forest Center, Inc., plays a significant role in facilitating the redevelopment of a historic property. This organization holds the title to the Parker J. Noyes building, located at 101 Main Street in Lancaster, New Hampshire. The mission of 101 Main Street Inc is to serve as a fiduciary agent, overseeing the transformation of this 11,000-square-foot property into improved commercial and residential real estate. This project aims to meet the needs of Lancaster by providing quality rental properties and contributing to the economic growth of New Hampshire's North Country, ultimately positioning the property as an economic hub. By collaborating with The Northern Forest Center, Inc., 101 Main Street Inc contributes to the overall development and prosperity of its community.

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Impact




October, 2024

101 Main Street Inc plays a pivotal role in the redevelopment of the historic Parker J. Noyes building in Lancaster, NH. By acting as the fiduciary agent and owner of this 11,000-square-foot property, it facilitates the transformation of a key site in the downtown district into a vibrant center for both commercial and residential use.

The redevelopment project aims to provide high-quality rental properties that will meet the community's needs and serve as an economic hub for New Hampshire's North Country. This initiative not only enhances the aesthetic appeal of the area but also stimulates local economic growth by attracting businesses and residents.

Through its efforts, 101 Main Street Inc contributes to the revitalization of Lancaster, fostering a sense of community and supporting the arts, while ensuring the historical significance of the Parker J. Noyes building is preserved. Its work underscores a commitment to improving the quality of life for residents and creating opportunities for economic development in the region.




This information is meant to be a general summary of 101 Main Street 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
$92,941 (2022)
Expenses
$49,376 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $82
  • Gross Receipts: $92,941

Assets and Liabilities:

  • Total Assets: $3,386,297
  • Total Liabilities: $3,288,491
  • Net Assets: $97,806

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Organization Details

Founding Year

2020

Principal Officer

Robert Riley

Main Address

18 North Main Street 204, Concord, NH, 03301

NTEE Category

Code: A00 - Arts

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