Civic Intelligence

Gmsa Inc

EIN 27-4444487 • 501(c)6 • Gloucester, VA

Profile

The purpose is to promote the commercial vitality of the village of gloucester by supporting businesses located in the village, attracting both local residents and visitors to patronize these businesses.

PO Box 2240Gloucester, VA 23061

www.gloucestermainstreet.com

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.08x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

68th percentile

0.03x

Higher debt load relative to revenue than 68% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

21st percentile

-22%

Higher net margin than 21% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

16th percentile

-35%

Faster asset growth than 16% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

11th percentile

-47%

Faster revenue growth than 11% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Down

$13,386

Down $7,038 (-34%) from 2023

Liabilities

Flat

$1,115

Flat from 2023

Net Assets

Down

$12,271

Down $7,038 (-36%) from 2023

Revenue

Down

$32,520

Down $53,265 (-62%) from 2023

Expenses

Down

$39,558

Down $48,053 (-55%) from 2023

Net Income

Down

-$7,038

Down $5,212 (-285%) from 2023

Trend Graphs

Balance Sheet Trend

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

$40K$30K$20K$10K$0-$10KAssets 2012: $2,421Liabilities 2012: $696Net Assets 2012: $1,7252012Assets 2013: $10,504Liabilities 2013: $689Net Assets 2013: $9,8152013Assets 2014: $3,289Liabilities 2014: $1,495Net Assets 2014: $1,7942014Assets 2015: $3,642Liabilities 2015: $853Net Assets 2015: $2,7892015Assets 2016: $4,418Liabilities 2016: $851Net Assets 2016: $3,5672016Assets 2017: $15,830Liabilities 2017: $99Net Assets 2017: $15,7312017Assets 2018: $13,063Liabilities 2018: $2,572Net Assets 2018: $10,4912018Assets 2019: $12,741Liabilities 2019: $3,027Net Assets 2019: $9,7142019Assets 2020: $517Liabilities 2020: $1,190Net Assets 2020: -$6732020Assets 2021: $17,042Liabilities 2021: $3,389Net Assets 2021: $13,6532021Assets 2022: $31,840Net Assets 2022: $31,8402022Assets 2023: $20,424Liabilities 2023: $1,115Net Assets 2023: $19,3092023Assets 2024: $13,386Liabilities 2024: $1,115Net Assets 2024: $12,2712024

Highlighted filing

2024

Assets$13,386
Liabilities$1,115
Net Assets$12,271

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2012: $94,073Expenses 2012: $103,716Net Income 2012: -$9,6432012Revenue 2013: $84,396Expenses 2013: $76,306Net Income 2013: $8,0902013Revenue 2014: $83,530Expenses 2014: $91,551Net Income 2014: -$8,0212014Revenue 2015: $97,049Expenses 2015: $96,054Net Income 2015: $9952015Revenue 2016: $81,545Expenses 2016: $80,767Net Income 2016: $7782016Revenue 2017: $80,162Expenses 2017: $67,997Net Income 2017: $12,1652017Revenue 2018: $73,745Expenses 2018: $78,985Net Income 2018: -$5,2402018Revenue 2019: $84,961Expenses 2019: $85,738Net Income 2019: -$7772019Revenue 2020: $54,813Expenses 2020: $65,199Net Income 2020: -$10,3862020Revenue 2021: $102,886Expenses 2021: $88,560Net Income 2021: $14,3262021Revenue 2022: $115,073Expenses 2022: $97,220Net Income 2022: $17,8532022Revenue 2023: $85,785Expenses 2023: $87,611Net Income 2023: -$1,8262023Revenue 2024: $32,520Expenses 2024: $39,558Net Income 2024: -$7,0382024

Highlighted filing

2024

Revenue$32,520
Expenses$39,558
Net Income-$7,038

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 25, 2025
Return Version
2024v5.2
Gross Receipts
$32,520
Mission and Program Overview

Mission

The purpose is to promote the commercial vitality of the village of gloucester by supporting businesses located in the village, attracting both local residents and visitors to patronize these businesses.

Program Services

DescriptionGrantsExpenses
HOST AND PROMOTE EVENTS THAT ENCOURAGE AND DRAW BUSINESS TO VILLAGE OF GLOUCESTER$0$12,131
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ADRIANNE JOSEPHPresident-$0--
ELIZABETH BLACKNEYVice-Chair-$0--
EMILY KINGSecretary-$0--
PAM CALLIS-LETTTreasurer-$0--
SUSAN AMMONSDirector-$0--
DEVIN HENSLEYDirector-$0--
DR DAVID BROWNDirector-$0--
OLIVIA WARD-MILBYDirector-$0--
ANNE WHITEDirector-$0--
PAIGE WILLIAMSDirector-$0--
Filing and Contact Details

Filer

Filer Name
Gmsa Inc
EIN
27-4444487
Phone
8046950700
Address
PO BOX 2240, GLOUCESTER, VA 23061

Signing Officer

Name
Elizabeth Blackney
Title
President
Phone
8046950700
Signed
2025-06-25
Discuss with paid preparer
Yes

Preparer

Firm
Clearstead
Address
150 W MAIN STREET SUITE 1735, NORFOLK, VA 23510
Preparer
Shirley C Baldwin
Phone
7572274515
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: chesapeake bank. Amount: 4.

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

Description: cogs: events. Amount: 12,131. Description: dues & subscriptions. Amount: 45. Description: merchant fees. Amount: 251. Description: office expense. Amount: 987. Description: taxes and licenses. Amount: 25. Description: board meeting expense. Amount: 1,659. Description: bank fees. Amount: 25. Description: insurance. Amount: 2,751. Description: marketing & advertising. Amount: 16,805. Description: travel/training. Amount: 606. Total to form 990-ez, line 16: 35,285.

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

Description: payroll liabilities. Beg. Of year amount: 1,115. End of year amount: 1,115.

Raw XML Appendix161 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ADRIANNE JOSEPH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ELIZABETH BLACKNEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2EMILY KING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PAM CALLIS-LETT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8ANNE WHITE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9PAIGE WILLIAMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE-CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
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IRS990EZ/OtherExpensesTotalAmt035285
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IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE IS TO PROMOTE THE COMMERCIAL VITALITY OF THE VILLAGE OF GLOUCESTER BY SUPPORTING BUSINESSES LOCATED IN THE VILLAGE, ATTRACTING BOTH LOCAL RESIDENTS AND VISITORS TO PATRONIZE THESE BUSINESSES.
IRS990EZ/ProgramServiceRevenueAmt011759
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/TotalExpensesAmt039558
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IRS990EZ/TotalRevenueAmt032520
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.GLOUCESTERMAINSTREET.COM
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: CHESAPEAKE BANK. AMOUNT: 4.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: COGS: EVENTS. AMOUNT: 12,131. DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 45. DESCRIPTION: MERCHANT FEES. AMOUNT: 251. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 987. DESCRIPTION: TAXES AND LICENSES. AMOUNT: 25. DESCRIPTION: BOARD MEETING EXPENSE. AMOUNT: 1,659. DESCRIPTION: BANK FEES. AMOUNT: 25. DESCRIPTION: INSURANCE. AMOUNT: 2,751. DESCRIPTION: MARKETING & ADVERTISING. AMOUNT: 16,805. DESCRIPTION: TRAVEL/TRAINING. AMOUNT: 606. TOTAL TO FORM 990-EZ, LINE 16: 35,285.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PAYROLL LIABILITIES. BEG. OF YEAR AMOUNT: 1,115. END OF YEAR AMOUNT: 1,115.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 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.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ELIZABETH BLACKNEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08046950700
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GMSA INC
ReturnHeader/Filer/BusinessNameControlTxt0GMSA
ReturnHeader/Filer/EIN0274444487
ReturnHeader/Filer/PhoneNum08046950700
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2240
ReturnHeader/Filer/USAddress/CityNm0GLOUCESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0341597728
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLEARSTEAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0150 W MAIN STREET SUITE 1735
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORFOLK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023510
ReturnHeader/PreparerPersonGrp/PhoneNum07572274515
ReturnHeader/PreparerPersonGrp/PreparationDt02025-06-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHIRLEY C BALDWIN
ReturnHeader/ReturnTs02025-11-17T16:50:12-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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