nonprofit logo

Main Street Ventures

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

EIN: 311663711 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

Overview

What is Main Street Ventures?

Main Street Ventures is a nonprofit organization situated in Cincinnati, Ohio, with a focus on supporting the entrepreneurial ecosystem. Their primary purpose is to foster regional economic development by offering a physical space for start-up and emerging technology businesses. They also aim to educate the local business communities about technology-related issues and opportunities. Additionally, Main Street Ventures serves as a platform for the exchange of ideas, technology, business practices, and information among regional technology businesses and local colleges and universities. With a team of four dedicated individuals, they conduct various activities that align with their objective of promoting regional economic growth.


Official website here: www.brandery.org & mainstventures.org

Is Main Street Ventures legitimate?

Main Street Ventures is a legitimate nonprofit organization registered as a 501(c)(3) entity. Main Street Ventures 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: $101,745
Professional Fundraising Fees: $0
Other Salaries and Wages: $113,606

For more financial information, click here


Official website here: www.brandery.org & mainstventures.org

What is the mission statement of Main Street Ventures?

Main Street Ventures aims to foster regional economic development by offering a physical space for start-up and emerging technology businesses. This organization serves to educate the local business communities about technology-related issues and opportunities. It also acts as a platform for exchanging ideas, technology, business practices, and other relevant information among regional technology businesses and educational institutions. Moreover, Main Street Ventures carries out any activities that align with its primary goal of promoting regional economic development.


Official website here: www.brandery.org & mainstventures.org

Who is the CEO of Main Street Ventures?

Sarah Kubala is the Board Member of Main Street Ventures.


Official website here: www.brandery.org & mainstventures.org

What is the revenue of Main Street Ventures?

Main Street Ventures's revenue in 2022 was $1,779,738.


Official website here: www.brandery.org & mainstventures.org

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

The average compensation at Main Street Ventures during 2022 was $53,838. There are 4 employees and 8 volunteers at Main Street Ventures.

Here are 11 key members and their salaries:

    Kelly Bonnell (Executive Director)
  • Compensation: $110,216
  • Related: $0
  • Other: $0

    • Tony Alexander (President) [Trustee/Director]
  • Compensation: $78,169
  • Related: $0
  • Other: $0

    • Sarah Kubala (Cfo)
  • Compensation: $18,000
  • Related: $0
  • Other: $0

    • Dave Knox (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert W Mcdonald (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tara Noland (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Molinsky (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jb Kropp (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Moore (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Watson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joel Stone (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.brandery.org & mainstventures.org

    Where can I find the form 990 for Main Street Ventures?

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


    Official website here: www.brandery.org & mainstventures.org

    Learn more at the official website: www.brandery.org & mainstventures.org

    Mission Statement of Main Street Ventures

    Main Street Ventures, as a nonprofit organization, is dedicated to promoting regional economic development. They achieve this by offering a physical space to nascent and emerging technology businesses. This not only provides a platform for these startups but also fosters an environment conducive to their growth. Beyond just providing a physical structure, Main Street Ventures also educates the local business community about technology-related issues and opportunities. This serves to broaden the horizon of regional businesses and prepare them for the digital age.

    Main Street Ventures also acts as a hub for the exchange of ideas, technology, business practices, and information between regional technology businesses and educational institutions. This facilitates a dynamic ecosystem where ideas can flourish and businesses can learn from each other, thereby contributing to the overall growth of the region. Furthermore, Main Street Ventures engages in activities consistent with its purpose, demonstrating its commitment to supporting the technological growth of the region.

    Impact

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




    Thursday, August 15, 2024

    Main Street Ventures has a significant impact on the regional economic development by providing a physical structure and support for start-up and emerging technology businesses. Through its activities, it educates the regional business communities on technology issues and opportunities, fostering the growth of a thriving entrepreneurial ecosystem. By facilitating the dissemination of ideas, technology, and business practices among regional technology businesses and universities, Main Street Ventures plays a vital role in bridging the gap between innovation and economic prosperity in the region.





    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: $38,404
  • Program Service Revenue: $5,040
  • Gross Receipts: $1,786,093

    • Assets and Liabilities:
  • Total Assets: $2,515,108
  • Total Liabilities: $189,722
  • Net Assets: $2,325,386
  • Programs

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

    STARTUP HOUSING RENTAL

    Revenue

    $18,326

    OWNERSHIP IN STARTUPS

    Revenue

    $-13,286

    Organization Details

    Founding Year

    1999

    Principal Officer

    Sarah Kubala

    Main Address

    1311 VINE STREET, CINCINNATI, OH, 45202

    NTEE Category

    Code: B90 - Education

    If you are a representative of Main Street Ventures 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.