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Main Street Community Foundation Inc

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

EIN: 061433299 ✦ Bristol, CT ✦ Designated as a 501(c)(3)

Overview

What is Main Street Community Foundation Inc?

Main Street Community Foundation Inc, located in Bristol, Connecticut, is a nonprofit organization that distributes grants to eligible community organizations in various sectors. Their primary focus is on promoting impactful giving by encouraging gift planning, prudent asset management, effective grant allocation, and community leadership. The foundation supports a wide range of causes, including arts and culture, community development, education, health, human services, environment, animal welfare, and COVID-19 pandemic response. With a team of seven dedicated individuals, Main Street Community Foundation Inc aims to foster a sustainable legacy of meaningful contributions within their community.


Official website here: www.mainstreetfoundation.org

Is Main Street Community Foundation Inc legitimate?

Main Street Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Main Street Community Foundation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $175,727
Professional Fundraising Fees: $0
Other Salaries and Wages: $344,096

For more financial information, click here


Official website here: www.mainstreetfoundation.org

What is the mission statement of Main Street Community Foundation Inc?

Main Street Community Foundation Inc's mission is centered around inspiring donors and community partners to establish a lasting impact through thoughtful giving. They achieve this by promoting strategies such as gift planning, prudent asset management, and effective grant making. The foundation also encourages community leadership, aiming to foster a sustainable legacy of charitable contributions. They provide grants to eligible non-profit organizations in various fields, including arts and culture, community development, education, health, human services, environment, animal welfare, and COVID-19 pandemic response.


Official website here: www.mainstreetfoundation.org

Who is the CEO of Main Street Community Foundation Inc?

Susan Sadecki is the President & Ceo of Main Street Community Foundation Inc. The CEO's salary of Main Street Community Foundation Inc is $167,276 and their total compensation is $175,727.


Official website here: www.mainstreetfoundation.org

What is the revenue of Main Street Community Foundation Inc?

Main Street Community Foundation Inc's revenue in 2022 was $3,587,205.


Official website here: www.mainstreetfoundation.org

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

The average compensation at Main Street Community Foundation Inc during 2022 was $74,260. There are 7 employees and 120 volunteers at Main Street Community Foundation Inc.

Here are 18 key members and their salaries (Main Street Community Foundation Inc's CEO's salary is $167,276 and their total compensation is $175,727):

    Susan Sadecki (President & Ceo) [Trustee/Director]
  • Compensation: $167,276
  • Related: $0
  • Other: $8,451

    • Scott Fournier (Chair Of The Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel J Daigle (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marguerite P Fletcher (Past Chair Of The Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William R Micari (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathryn C Reinhard (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Megan E Albanese (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jarre B Betts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kyle S Biddick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Ellen Hobson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kimberly H James (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Malley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Moriarty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer O'Connor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John D Scarritt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael F Sweeney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Wasley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rebecca B Zappone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mainstreetfoundation.org

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

    The Main Street Community Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mainstreetfoundation.org

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

    Mission Statement of Main Street Community Foundation Inc

    Main Street Community Foundation Inc is committed to inspiring both donors and community partners to create a lasting legacy of impactful giving. They achieve this goal by encouraging and promoting four key areas: gift planning, prudent stewardship of assets, effective grant making, and community leadership. Through these initiatives, the foundation aims to foster sustainable giving that benefits various community sectors, including arts and culture, community development and outreach, education, health, human services, environment, and animal welfare, as well as organizations responding to the COVID-19 pandemic. By actively engaging in these areas, Main Street Community Foundation Inc serves as a catalyst for positive change, empowering both donors and organizations to collaborate and make a meaningful impact in their communities.

    Impact

    This information is meant to be a general summary of Main Street Community Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Main Street Community Foundation Inc inspires donors and community partners to foster a sustainable legacy of impactful giving by encouraging and promoting gift planning, prudent stewardship of assets, effective grant making, and community leadership. The foundation provides grants to eligible nonprofit community organizations in various fields including arts and culture, community development and outreach, education, health, human services, environment and animal welfare, and COVID-19 pandemic response. It plays a crucial role in supporting and strengthening the fabric of the community by facilitating philanthropic endeavors that make a tangible difference in people's lives.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $1,951,109
  • Program Service Revenue: $205,998
  • Gross Receipts: $3,608,708

    • Assets and Liabilities:
  • Total Assets: $29,719,094
  • Total Liabilities: $86,381
  • Net Assets: $29,632,713
  • Programs

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

    ADMINISTRATIVE FEES

    Revenue

    $205,998

    Organization Details

    Founding Year

    1995

    Principal Officer

    Susan Sadecki

    Main Address

    PO BOX 2702 120 HALCYON DRIVE, BRISTOL, CT, 060112702

    NTEE Category

    Code: T310 - Philanthropy

    If you are a representative of Main Street Community Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.