Civic Intelligence

Historic Willamette a Main Street Community

EIN 27-2702137 • 501(c)3 • West Linn, OR

Profile

The willamette main street organization will support and empower fellow community members striving to develop the project based on the principles of the national main street program, to make willamette a desired place to visit, work, shop, dine and, most importantly, connect with other people.

Refreshing map…

1785 Willamette Falls Dr Ste 6West Linn, OR 97068

www.historicwillamette.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

1.26x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

87th percentile

0.23x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

20th percentile

-26%

Higher net margin than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

92nd percentile

$42,245

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 47.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

15th percentile

-73%

Faster asset growth than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

80th percentile

36%

Faster revenue growth than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$16,136

Down $43,675 (-73%) from 2021

Liabilities

Down

$20,368

Down $20,208 (-50%) from 2021

Net Assets

Down

-$4,232

Down $23,467 (-122%) from 2021

Revenue

Up

$89,959

Up $23,829 (+36%) from 2021

Expenses

Up

$113,426

Up $51,311 (+83%) from 2021

Net Income

Down

-$23,467

Down $27,482 (-684%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0-$20KAssets 2013: $7,901Liabilities 2013: $0Net Assets 2013: $7,9012013Assets 2021: $59,811Liabilities 2021: $40,576Net Assets 2021: $19,2352021Assets 2022: $16,136Liabilities 2022: $20,368Net Assets 2022: -$4,2322022

Highlighted filing

2022

Assets$16,136
Liabilities$20,368
Net Assets-$4,232

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2013: $21,915Expenses 2013: $14,988Net Income 2013: $6,9272013Revenue 2021: $66,130Expenses 2021: $62,115Net Income 2021: $4,0152021Revenue 2022: $89,959Expenses 2022: $113,426Net Income 2022: -$23,4672022

Highlighted filing

2022

Revenue$89,959
Expenses$113,426
Net Income-$23,467

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$91,425
Mission and Program Overview

Mission

Historic willamette main street's mission is to celebrate and preserve the rich history and natural beauty of the area, invest in the heart of our downtown by promoting our local businesses. Our purpose is to foster an inclusive, diverse community where local residents and visitors feel welcome to dine, shop, and connect and socialize with others.

Program Services

DescriptionGrantsExpenses
APPLIED FOR AND RECEIVED GRANTS FROM LOCAL AND COUNTY JURISDICTIONS TO WORK WITH THESE AREAS TO DEVELOP AWARENESS AND COORDINATE VARIOUS PROJECTS TO FURTHER GROW THIS HISTORIC DISTRICT.$40,592$62,439
HOSTED EVENTS IN THE HISTORIC DISTRICT TO BRING PEOPLE INTO THE AREA AND SHOWCASE THIS DISTRICT.$0$49,954
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
REBECCA HOLLENBECKExecutive DirectorPT$42,245-$42,245
BRAD HULQUISTPresidentPT$0--
RUTH OFFERTreasurerPT$0--
SEANEEN RUDKIN-MANNINGSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Historic Willamette
EIN
27-2702137
Phone
5036078033
Address
1785 WILLAMETTE FALLS DR STE 6, WEST LINN, OR 97068

Signing Officer

Name
Brad Hulquist
Title
President
Phone
5036078033
Signed
2023-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Mccoy Foat & Company Cpas Pc
Address
1800 BLANKENSHIP RD STE 430, WEST LINN, OR 97068
Preparer
Trevor Habig
Phone
5036501040
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 1,842. Returns and allowances: 0. Less cost of goods sold: 1,466. Gross profit: 376. Cost of goods sold: inventory at beginning of year: 0. Merchandise purchased: 1,466. Cost of labor: 0. Materials and supplies: 0. Other costs: 0. Inventory at end of year: 0. Cost of goods sold: 1,466.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: contractor stipends. Amount: 2,400. Description: market expenses. Amount: 24,296. Description: memberships. Amount: 50. Description: supplies. Amount: 1,366. Description: technology. Amount: 2,692. Description: board of directors retreat. Amount: 310. Description: telephone. Amount: 641. Description: conference fees. Amount: 4,642. Description: continuing education. Amount: 275. Description: filing fee. Amount: 200. Description: insurance. Amount: 1,093. Description: licenses and permits. Amount: 186. Description: meals and entertainment. Amount: 280. Description: committee expenses. Amount: 19,748. Description: mayor's basket. Amount: 25. Description: outreach. Amount: 793. Total to form 990-ez, line 16: 58,997.

Form 990-ez, Part II, Line 24 - Other Assets

Description: employee cash advances. Beg. Of year amount: 49. End of year amount: 49. Description: ar (cash basis). Beg. Of year amount: 4,257. End of year amount: 0. Description: prepaid insurance. Beg. Of year amount: 238. End of year amount: 0. Description: due from historic willamette main street. Beg. Of year amount: 0. End of year amount: 12,800. Description: due from historic willamette markets. Beg. Of year amount: 0. End of year amount: 100.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable (cash basis). Beg. Of year amount: 1,121. End of year amount: 0. Description: grant receivable. Beg. Of year amount: 39,455. End of year amount: 20,368.

Raw XML Appendix186 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INCOME: GROSS RECEIPTS: 1,842. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 1,466. GROSS PROFIT: 376. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 0. MERCHANDISE PURCHASED: 1,466. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 0. OTHER COSTS: 0. INVENTORY AT END OF YEAR: 0. COST OF GOODS SOLD: 1,466.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: CONTRACTOR STIPENDS. AMOUNT: 2,400. DESCRIPTION: MARKET EXPENSES. AMOUNT: 24,296. DESCRIPTION: MEMBERSHIPS. AMOUNT: 50. DESCRIPTION: SUPPLIES. AMOUNT: 1,366. DESCRIPTION: TECHNOLOGY. AMOUNT: 2,692. DESCRIPTION: BOARD OF DIRECTORS RETREAT. AMOUNT: 310. DESCRIPTION: TELEPHONE. AMOUNT: 641. DESCRIPTION: CONFERENCE FEES. AMOUNT: 4,642. DESCRIPTION: CONTINUING EDUCATION. AMOUNT: 275. DESCRIPTION: FILING FEE. AMOUNT: 200. DESCRIPTION: INSURANCE. AMOUNT: 1,093. DESCRIPTION: LICENSES AND PERMITS. AMOUNT: 186. DESCRIPTION: MEALS AND ENTERTAINMENT. AMOUNT: 280. DESCRIPTION: COMMITTEE EXPENSES. AMOUNT: 19,748. DESCRIPTION: MAYOR'S BASKET. AMOUNT: 25. DESCRIPTION: OUTREACH. AMOUNT: 793. TOTAL TO FORM 990-EZ, LINE 16: 58,997.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: EMPLOYEE CASH ADVANCES. BEG. OF YEAR AMOUNT: 49. END OF YEAR AMOUNT: 49. DESCRIPTION: AR (CASH BASIS). BEG. OF YEAR AMOUNT: 4,257. END OF YEAR AMOUNT: 0. DESCRIPTION: PREPAID INSURANCE. BEG. OF YEAR AMOUNT: 238. END OF YEAR AMOUNT: 0. DESCRIPTION: DUE FROM HISTORIC WILLAMETTE MAIN STREET. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 12,800. DESCRIPTION: DUE FROM HISTORIC WILLAMETTE MARKETS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 100.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS PAYABLE (CASH BASIS). BEG. OF YEAR AMOUNT: 1,121. END OF YEAR AMOUNT: 0. DESCRIPTION: GRANT RECEIVABLE. BEG. OF YEAR AMOUNT: 39,455. END OF YEAR AMOUNT: 20,368.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
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ReturnHeader/ReturnTs02023-11-15T17:40:02-06:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HULQUIST
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits