National Main Street Center Inc

“The sole member of the national main street center, inc. (hereafter called "nmsc") is the national trust for historic preservation in the united states.”

“The sole member has the right to elect all members of the board of directors to serve the organization.”

“The organization's bylaws provide for an executive committee which may exercise all the powers of the board of directors between the meetings of the board, subject to the organization's governing documents and other general policies established by the board. The executive committee is comprised of the chair of the board of directors and other directors as have been appointed by the board of directors. All members of the executive committee are members of the board of directors. The sole member has the right to approve major changes to the organization, including any amendments to the organization's bylaws or certificate of incorporation.”

“After gathering and review of form 990 information by accounting staff, the draft form 990 was reviewed by the board's audit & finance committee, the chair of the board of directors, and the president of the organization. In addition, the draft form 990 was also reviewed by the independent audit firm, bdo usa, llp. Before the tax return was filed with the irs, a copy of the form 990 was provided to all board members.”

“Directors of the organization are required to disclose interests in or relationships with both for-profit and non-profit entities and to describe any transactions (direct or indirect) with the organization. Directors are also required to disclose annually any business or family relationships with other directors and with officers and key employees of the organization. The policy provides a review process for potential conflicts.”

“The organization's board of directors, during executive session, used one or more of the methods described on schedule j, part i, line 3 to establish the top management official's compensation, with input from the organization's governance committee.”

“The organization does not provide any compensation to its board of directors who serve as officers. The organization does not have key employees.”

“The organization does not make its governing documents, conflict of interest policy, and financial statements available to the public.”

“After 34 years as a successful program of the National Trust for Historic Preservation in the United States, the NMSC was launched as an independent subsidiary of the National Trust on July 1, 2013. This transition enabled NMSC to build on its three decade record of success and take advantage of new opportunities to teach and promote historic preservation-based community revitalization. As a nonprofit organization, NMSC provides information, offers technical assistance, holds conferences and workshops, and conducts research and advocacy on critical revitalization issues. The proven Main Street Four-Point Approach provides a framework for communities to organize themselves for success, improve the design of their neighborhoods, promote their districts, and enhance the economic base of a community. From 1980-2013, cumulatively, commercial districts taking part in the NMSC program have spurred the historic rehabilitation of more than 246,000 buildings, and generated $59.6 billion in new investment, with a net gain of more than 502,728 new jobs, and over 115,000 new businesses. Every dollar a community used to support its local NMSC program leverages an average of $18 in new investment, making the Main Street Four-Point Approach one of the most successful economic development strategies in America. These community benefits would not be possible without the training, education, and leadership of the NMSC.”

“To back underrepresented small business owners as they navigate the pandemic and plan for long-term success and resilience, American Express partnered with Main Street America on a $2M grant program called Inclusive Backing during FY22.”

“The NMSC also provided customized training workshops and seminars on topics of concern or interest to local communities. In FY2022, the NMSC Field Services team served over 35 states and hundreds of communities.”

“In fy2022, nmsc served over 1,800 members.”

“To back underrepresented small business owners as they navigate the pandemic and plan for long-term success and resilience, American Express partnered with Main Street America on a $2m grant program called Inclusive Backing during FY22.”

“Description:professional service fee total fees:1126683”

“Description:payroll processing total fees:12644”

“Description:other fees total fees:194814”