Civic Intelligence

Canton Main Street Inc

EIN 47-1425333 • 501(c)3 • Collinsville, CT

Profile

The exempt purpose of canton main street, inc. (cmi)is to protect and promote the historic character of canton and collinsville and to develop the town as the social and economic heart of the community. Cmi partners with local leaders and organizations to preserve canton's historic character and to encourage economic development and community revitalization.

PO Box 184Collinsville, CT 06022

n/A

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

9th percentile

-116%

Higher net margin than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

33rd percentile

-19%

Faster asset growth than 33% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

12th percentile

-70%

Faster revenue growth than 12% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$30,869

Down $7,179 (-19%) from 2019

Liabilities

Flat

$0

Flat from 2019

Net Assets

Down

$30,869

Down $7,179 (-19%) from 2019

Operations
Liabilities / Revenue62nd percentileNet Margin9th percentile

Revenue

Down

$6,168

Down $14,365 (-70%) from 2019

Expenses

Up

$13,347

Up $1,485 (+13%) from 2019

Net Income

Down

-$7,179

Down $15,850 (-183%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth33rd percentile

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

$40K$30K$20K$10K$0Assets 2014: $6,764Liabilities 2014: $02014Assets 2015: $9,440Liabilities 2015: $02015Assets 2016: $27,927Liabilities 2016: $0Net Assets 2016: $27,9272016Assets 2017: $27,168Liabilities 2017: $0Net Assets 2017: $27,1682017Assets 2018: $29,377Liabilities 2018: $150Net Assets 2018: $29,2272018Assets 2019: $38,048Liabilities 2019: $0Net Assets 2019: $38,0482019Assets 2020: $30,869Liabilities 2020: $0Net Assets 2020: $30,8692020

Highlighted filing

2020

Assets$30,869
Liabilities$0
Net Assets$30,869
Open 2020 Filing

Operations Trend

Revenue Growth12th percentile

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

$30K$20K$10K$0-$10KRevenue 2014: $7,500Expenses 2014: $736Net Income 2014: $6,7642014Revenue 2015: $15,153Expenses 2015: $12,477Net Income 2015: $2,6762015Revenue 2016: $21,915Expenses 2016: $3,770Net Income 2016: $18,1452016Revenue 2017: $9,176Expenses 2017: $9,935Net Income 2017: -$7592017Revenue 2018: $15,612Expenses 2018: $13,553Net Income 2018: $2,0592018Revenue 2019: $20,533Expenses 2019: $11,862Net Income 2019: $8,6712019Revenue 2020: $6,168Expenses 2020: $13,347Net Income 2020: -$7,1792020

Highlighted filing

2020

Revenue$6,168
Expenses$13,347
Net Income-$7,179
Open 2020 Filing

Filings

Most recent year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$30,869
Liabilities
$0
Net assets
$30,869
Revenue
$6,168
Expenses
$13,347
Net income
-$7,179
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$30.9$0.00$30.9$6.17$13.3$7.18
2019Detailed filing. Detailed filing data is available for this year.$38.0$0.00$38.0$20.5$11.9$8.67
2018Detailed filing. Detailed filing data is available for this year.$29.4$0.15$29.2$15.6$13.6$2.06
2017Detailed filing. Detailed filing data is available for this year.$27.2$0.00$27.2$9.18$9.94$0.76
2016Detailed filing. Detailed filing data is available for this year.$27.9$0.00$27.9$21.9$3.77$18.1
2015Summary only. Only limited summary data is available for this year.$9.44$0.00$15.2$12.5$2.68
2014Summary only. Only limited summary data is available for this year.$6.76$0.00$7.50$0.74$6.76
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 15, 2021
Return Version
2020v4.1
Gross Receipts
$8,818
Mission and Program Overview

Mission

The exempt purpose of canton main street, inc. (cmi)is to protect and promote the historic character of canton and collinsville and to develop the town as the social and economic heart of the community. Cmi partners with local leaders and organizations to preserve canton's historic character and to encourage economic development and community revitalization.

Program Services

DescriptionGrantsExpenses
BRIDGE OF FLOWERS WAS DEVELOPED AS AN ATTRACTION ALONG THE WALKING TRAIL IN COLLINSVILLE. THOUSANDS OF HIKERS, WALKERS AND CYCLISTS USE THE TRAIL.$0$0
CHRISTMAS IN COLLINSVILLE IS A WEEKEND CELEBRATION THAT INVOLVES ALL THE BUSINESSES IN COLLINSVILLE, ATTRACING THOUSANDS OF VISITORS TO THE RETAIL CENTER OF COLLINSVILLE. THE EVENT INCLUDES VISITS TO SHOPS, SLEIGH RIDES, CHILDRENS' EVENTS, AND EXPOSURE FOR NON-PROFIT ORGANIZATIONS$0$0
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KELLE ABRAMCZYKPresidentPT$0--
GARY ROMANTreasurerPT$0--
SHAWN COLEDirectorPT$0--
MARGE HARMONSecretaryPT$0--
KATHLEEN TAYLORDirectorPT$0--
CATHERINE PELLINODirectorPT$0--
ANN ROUSSEAUDirector-$0--
Filing and Contact Details

Filer

Filer Name
Canton Main Street Inc
EIN
47-1425333
Phone
8606935016
Address
PO BOX 184, COLLINSVILLE, CT 06022

Signing Officer

Name
Ann Rousseau
Title
Treasurer
Phone
8606935016
Signed
2021-10-15
Discuss with paid preparer
Yes

Preparer

Firm
Gary J Hyde CPA LLC
Address
222 MAIN STREET-SUITE 206, FARMINGTON, CT 06032
Preparer
Gary J Hyde
Phone
8605086642
Supplemental Narrative

Additional Explanations

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

“Description: interest income. Amount: 17.”

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: merchandise sales. Amount: 80.”

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

“Description: website. Amount: 2,509. Description: dues. Amount: 1,000. Description: insurance. Amount: 1,263. Description: flower bridge costs. Amount: 2,463. Description: advertising & promotion. Amount: 428. Description: town activities support. Amount: 2,000. Description: merchant marketing support. Amount: 2,415. Description: signs. Amount: 260. Description: computer expenses. Amount: 839. Description: other expenses. Amount: 161. Description: interest. Amount: 9. Total to form 990-ez, line 16: 13,347.”

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

“Description: other current assets. Beg. Of year amount: 300. End of year amount: 300.”

Raw XML Appendix182 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.

Path#Value
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CATHERINE PELLINO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6ANN ROUSSEAU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0300
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0300
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt013347
IRS990EZ/OtherRevenueTotalAmt080
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE EXEMPT PURPOSE OF CANTON MAIN STREET, INC. (CMI)IS TO PROTECT AND PROMOTE THE HISTORIC CHARACTER OF CANTON AND COLLINSVILLE AND TO DEVELOP THE TOWN AS THE SOCIAL AND ECONOMIC HEART OF THE COMMUNITY. CMI PARTNERS WITH LOCAL LEADERS AND ORGANIZATIONS TO PRESERVE CANTON'S HISTORIC CHARACTER AND TO ENCOURAGE ECONOMIC DEVELOPMENT AND COMMUNITY REVITALIZATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BRIDGE OF FLOWERS WAS DEVELOPED AS AN ATTRACTION ALONG THE WALKING TRAIL IN COLLINSVILLE. THOUSANDS OF HIKERS, WALKERS AND CYCLISTS USE THE TRAIL.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1CHRISTMAS IN COLLINSVILLE IS A WEEKEND CELEBRATION THAT INVOLVES ALL THE BUSINESSES IN COLLINSVILLE, ATTRACING THOUSANDS OF VISITORS TO THE RETAIL CENTER OF COLLINSVILLE. THE EVENT INCLUDES VISITS TO SHOPS, SLEIGH RIDES, CHILDRENS' EVENTS, AND EXPOSURE FOR NON-PROFIT ORGANIZATIONS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 17.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MERCHANDISE SALES. AMOUNT: 80.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: WEBSITE. AMOUNT: 2,509. DESCRIPTION: DUES. AMOUNT: 1,000. DESCRIPTION: INSURANCE. AMOUNT: 1,263. DESCRIPTION: FLOWER BRIDGE COSTS. AMOUNT: 2,463. DESCRIPTION: ADVERTISING & PROMOTION. AMOUNT: 428. DESCRIPTION: TOWN ACTIVITIES SUPPORT. AMOUNT: 2,000. DESCRIPTION: MERCHANT MARKETING SUPPORT. AMOUNT: 2,415. DESCRIPTION: SIGNS. AMOUNT: 260. DESCRIPTION: COMPUTER EXPENSES. AMOUNT: 839. DESCRIPTION: OTHER EXPENSES. AMOUNT: 161. DESCRIPTION: INTEREST. AMOUNT: 9. TOTAL TO FORM 990-EZ, LINE 16: 13,347.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: OTHER CURRENT ASSETS. BEG. OF YEAR AMOUNT: 300. END OF YEAR AMOUNT: 300.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
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/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GARY J HYDE
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ReturnHeader/ReturnTs02021-10-15T14:56:25-05:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ROUSSEAU
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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