SALEM MAIN STREET INITIATIVE- DOWNTOWN PROGRAM: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization
SALEM MAIN STREET INITIATIVE- DOWNTOWN PROGRAM (EIN 04-3568130)
Tax period
2009-07-01 to 2010-06-30
Filed
2011-01-17
IRS object ID
201110179349300206
Schema version
2009v1.4
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2011-01-17T09:33:49-06:00Timestamp
Tax Period End Date2010-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1RYAN & COSCIA PCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1256 ESSEX STREETAddressLine1
CitySALEMCity
StateMAState
ZIP Code01970ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2009-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN043568130EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1SALEM MAIN STREET INITIATIVE DOWNTOWN PROGRAMBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlSALENameControl
Phone9787401208Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1265 Essex StreetAddressLine1
CitySALEMCity
StateMAState
ZIP Code01970ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameRinus OosthoekName
TitleExecutive DirectorTitle
Phone9787440004Phone
Date Signed2010-11-30DateSigned
Authorize Third Party0AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
Phone9787441760Phone
FieldValueIRS element (for citing)
Tax Year2009TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonRinus OosthoekNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1265 Essex StreetAddressLine1
CitySalemCity
StateMAState
ZIP Code01970ZIPCode
FieldValueIRS element (for citing)
Gross Receipts70467GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501cXOrganization501c
Web Sitewww.salemmainstreets.orgWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation2002YearFormation
State Legal DomicileMAStateLegalDomicile
Activity Or Mission DescriptionTO DISSEMINATE INFORMATION OF AND PROMOTE INTEREST IN THE PRESERVATION , HISTORY, CULTURE, AND PUBLIC USE OF SALEM'S DOWNTOWN AREA.ActivityOrMissionDescription
Nbr Voting Members Governing Body8NbrVotingMembersGoverningBody
Nbr Independent Voting Members8NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year39500ContributionsGrantsPriorYear
Contributions Grants Current Year42500ContributionsGrantsCurrentYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Current Year361InvestmentIncomeCurrentYear
Other Revenue Prior Year9135OtherRevenuePriorYear
Other Revenue Current Year5828OtherRevenueCurrentYear
Total Revenue Prior Year48635TotalRevenuePriorYear
Total Revenue Current Year48689TotalRevenueCurrentYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year44398SalariesEtcPriorYear
Salaries Etc Current Year39102SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year7772OtherExpensePriorYear
Other Expenses Current Year7277OtherExpensesCurrentYear
Total Expenses Prior Year52170TotalExpensesPriorYear
Total Expenses Current Year46379TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-3535RevenuesLessExpensesPriorYear
Revenues Less Expenses CY2310RevenuesLessExpensesCY
Total Assets BOY3259TotalAssetsBOY
Total Assets EOY15288TotalAssetsEOY
Total Liabilities BOY773TotalLiabilitiesBOY
Total Liabilities EOY10492TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY2486NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY4796NetAssetsOrFundBalancesEOY
Mission DescriptionTo make Salem a year round robust shopping, eating and entertainment enviorment that serves residents, neighbors and visitors alike.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
DescriptionRevitalizing downtown Salem as a vibrant, year round,retail, dining and cultural destinationDescription
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Balance Sheet Amounts Reported1BalanceSheetAmountsReported
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required0ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With10960NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees0NumberOfEmployees
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Form8899 Filed0Form8899Filed
Form1098 C Filed0Form1098CFiled
Excess Business Holdings0ExcessBusinessHoldings
Taxable Distributions0TaxableDistributions
Distribution To Donor0DistributionToDonor
Nbr Voting Governing Body Members8NbrVotingGoverningBodyMembers
Number Independent Voting Members8NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy0ConflictOfInterestPolicy
Whistleblower Policy0WhistleblowerPolicy
Document Retention Policy0DocumentRetentionPolicy
Compensation Process CEO0CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledMAStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1Heather MacDonaldBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number9787400004TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1265 Essex StreetAddressLine1
CitySALEMCity
StateMAState
ZIP Code01970ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedXNoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (8 entries)

TitleTitleIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
David McKilop
PresidentXX000
Patrick Delulis
TreasurerXX000
Sandy Heaphy
Secretary & Vice PresideXX000
Deb Amaral
DIRECTORX000
Robert DeRosier
DIRECTORX000
Sean Tesoro
DIRECTORX000
Bruce Wear
DIRECTORX000
Rinus Oosthoek
DIRECTORX000
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation0TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K0TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
Federated Campaigns42500FederatedCampaigns
Total Contributions42500TotalContributions

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column361TotalRevenueColumn
Related Or Exempt Function Income361RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Gross Income Fundraising Events27606GrossIncomeFundraisingEvents
Fundraising Direct Expenses21778FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column5828TotalRevenueColumn
Exclusion$5,828ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column48689TotalRevenueColumn
Related Or Exempt Function Income361RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$5,828ExclusionAmount

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total34250Total
Management And General34250ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total1012Total
Management And General1012ManagementAndGeneral

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total3840Total
Management And General3840ManagementAndGeneral

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total6000Total
Management And General6000ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total600Total
Management And General600ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total230Total
Management And General230ManagementAndGeneral

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total431Total
Management And General431ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total16Total
Management And General16ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total46379Total
Program Services0ProgramServices
Management And General46379ManagementAndGeneral
Fundraising0Fundraising

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY2509BOY
EOY12232EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY750BOY
EOY3056EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY3259BOY
EOY15288EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY773BOY
EOY10492EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY773BOY
EOY10492EOY
FieldValueIRS element (for citing)
Do Not Follow SFAS117XDoNotFollowSFAS117

Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds

FieldValueIRS element (for citing)
BOY0BOY
EOY2310EOY

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

FieldValueIRS element (for citing)
BOY2486BOY
EOY2486EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY2486BOY
EOY4796EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY3259BOY
EOY15288EOY
FieldValueIRS element (for citing)
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited0FSAudited
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years50750CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year39500CurrentTaxYearMinus1Year
Current Tax Year42500CurrentTaxYear
Total132750Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years50750CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year39500CurrentTaxYearMinus1Year
Current Tax Year42500CurrentTaxYear
Total132750Total
FieldValueIRS element (for citing)
Public Support Total170132750PublicSupportTotal170
Total Support132750TotalSupport
Gross Receipts From Admissions Etc23227GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage1701.00000PublicSupportPertcentage170
Public Support Pertcent Prior Year1.00000PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Of Book Value Land Buildings0TotalOfBookValueLandBuildings

Other Assets OtherAssets (2 entries)

DescriptionDescriptionBook ValueBookValue
FURNITURE & EQUIPMENT750
DUE FROM SALEM CHAMBER OF COMMERCE2306
FieldValueIRS element (for citing)
Total Book Value Other Assets3056TotalBookValueOtherAssets

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionDUE TO SALEM COMMUNITY ARTS CENTERDescription
Amount$10,492Amount
FieldValueIRS element (for citing)
Total Of Amounts10492TotalOfAmounts
Total Revenue48689TotalRevenue
Total Expenses46379TotalExpenses
Excess Or Deficit For Year2310ExcessOrDeficitForYear
Excess Or Deficit Per FS2310ExcessOrDeficitPerFS

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (2 entries)

IdentifierIdentifierExplanationExplanation
Form 990, Part VI, Section B, line 11THE 990 WILL BE REVIEWED BY THE TREASURER AND EXECUTIVE DIRECTOR AND A REPORT ISSUED TO THE BOARD OF DIRECTORS PRIOR TO FILING THE RETURN
Form 990, Part VI, Section C, line 19THE ORGANIZATION HAS AVAILABLE AT ITS OFFICE THE ARTICLES OF ORGANIZATION BOARD OF DIRECTOR MINUTES AND TAX RETURNS AVAILABLE TO THE PUBLIC

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