2025-11-17T16:19:12-06:00 2025-06-30 472265971 GORTON & COMPANY PC 222 ROSEWOOD DRIVE SUITE 1100 DANVERS MA 01923 990 2024-07-01 043568130 SALEM MAIN STREET INITIATIVE DOWNTOWN PROGRAM SALE 9787440004 9A DERBY SQUARE SALEM MA 01970 ERIC SMALL PRESIDENT 9787440004 2025-11-17 1 0 ROBERT F GORTON P00632169 9787744000 2025-11-17 2024 2025-03-06 01:10:19Z X ERIC SMALL 9A DERBY SQUARE SALEM MA 01970 238895 0 X WWW.SALEMMAINSTREETS.ORG X 2013 MA THE CONTINUED REVITALIZATION OF DOWNTOWN SALEM AS A VIBRANT, YEAR-ROUND, RETAIL, DINING AND CULTURAL DESTINATION THROUGH BUSINESS RETENTION, RECRUITMENT, AND THE PROMOTION OF DOWNTOWN DISTRICT. 9 9 2 300 0 0 77095 99767 122726 139128 0 0 20769 0 220590 238895 0 0 0 0 105971 113211 0 0 0 109589 121236 215560 234447 5030 4448 41778 50232 4000 3508 37778 46724 THE CONTINUED REVITALIZATION OF DOWNTOWN SALEM AS A VIBRANT, YEAR-ROUND, RETAIL, DINING AND CULTURAL DESTINATION THROUGH BUSINESS RETENTION, RECRUITMENT, AND THE PROMOTION OF DOWNTOWN DISTRICT. 0 0 106504 0 139128 THE CONTINUED REVITALIZATION OF DOWNTOWN SALEM AS A VIBRANT, YEAR-ROUND, RETAIL, DINING AND CULTURAL DESTINATION THROUGH BUSINESS RETENTION, RECRUITMENT, AND THE PROMOTION OF DOWNTOWN DISTRICT WHICH IS DONE THROUGHOUT THE YEAR BY VARIOUS THEMED EVENTS. 106504 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 2 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 MA X THE ORGANIZATION 9787400004 9A DERBY SQUARE SALEM MA 01970 X MATTHEW CARUSO DIRECTOR 1.00 X 0 0 0 LAUREN MAKOFSKY DIRECTOR 1.00 X 0 0 0 CAROL MCLAUGHLIN DIRECTOR 1.00 X 0 0 0 LINDA MULLEN DIRECTOR 1.00 X 0 0 0 BILL PETERSON DIRECTOR 1.00 X 0 0 0 MIRA RIGGIN TREASURER 3.00 X X 0 0 0 ERIC SMALL PRESIDENT 3.00 X X 0 0 0 JENNI STUART VICE PRESIDENT 3.00 X X 0 0 0 DIANE WOLF SECRETARY 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 80950 18817 99767 SALEM ARTS FESTIVAL 713990 53691 53691 FARMERS MARKET 713990 18428 18428 FASHION SHOW 713990 16771 16771 HOWLOWEEN PET PARADE 713990 14905 14905 SALEM SO SWEET 713990 14615 14615 20718 20718 139128 238895 139128 0 0 105150 105150 8061 8061 5325 5325 3117 3117 493 493 408 408 5168 5168 11700 11700 1642 1642 3283 3283 3930 3930 ARTS FESTIVAL 36412 36412 FARMERS MARKET 10136 10136 HOLIDAY CAMPAIGN 8675 8675 FASHION SHOW 7964 7964 22983 21031 1952 234447 106504 127943 0 34478 42302 17022 11192 7300 5830 0 2100 41778 50232 4000 3508 4000 3508 X 2310 2310 0 0 35468 44414 37778 46724 41778 50232 X 4448 4498 X 0 0 0 X 75229 135860 112422 77095 99767 500373 75229 135860 112422 77095 99767 500373 500373 500373 644515 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17022 11192 5830 5830 ACCRUED EXPENSES 3508 3508 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE REVIEWED BY THE TREASURER AND EXECUTIVE DIRECTOR AND A REPORT ISSUED TO THE BOARD OF DIRECTORS PRIOR TO FILING THE TAX RETURN. FORM 990, PART VI, SECTION B, LINE 12C FROM TIME TO TIME IT MAY OCCUR, IN THE COURSE OF CARRYING OUT BOARD RESPONSIBILITIES, THAT A PARTICULAR MEMBER MAY BE PERCEIVED TO BENEFIT FROM AN ACTION OR DECISION OF THE BOARD. A SITUATION OF THIS KIND PRESENTS A POTENTIAL CONFLICT BETWEEN THE BOARD MEMBERS'OWN FINANCIAL OR PERSONAL INTERESTS AND HIS/HER DUTY AS A BOARD MEMBER OF ABSOLUTE LOYALTY TO SALEM MAIN STREETS INITIATIVE DOWNTOWN PROGRAM, INC. THIS POTENTIAL CONFLICT MAY ALSO LOOK QUESTIONABLE TO THE PUBLIC. BECAUSE OF THESE PROBLEMS(INVESTMENTS STRATEGIES, REPAIR AND MAINTENANCE CONTRACTS, ETC.) A BOARD MEMBER SHALL BE CAUTIOUS ABOUT ENTERING INTO A BUSINESS RELATIONSHIP WITH THE SALEM MAIN STREETS INITIATIVE DOWNTOWN PROGRAM, INC. THE BOARD ITSELF SHALL BE NO LESS CAUTIOUS ABOUT ALLOWING SALEM MAIN STREETS INITIATIVE DOWNTOWN PROGRAM, INC. TO ENTER INTO SUCH A RELATIONSHIP. SUCH A TRANSACTION SHALL NOT OCCUR UNLESS THE BOARD DETERMINES BEFOREHAND THAT IT IS CLEARLY IN THE BEST INTERESTS OF SALEM MAIN STREETS INITIATIVE DOWNTOWN PROGRAM, INC. PRIOR TO BOARD VOTES, BOARD MEMBERS SHALL FULLY DISCLOSE ANY FINANCIAL OR PERSONAL INTEREST TO THE ENTIRE BOARD. FURTHER, BOARD MEMBERS SHALL NOT VOTE ON ANY ASPECT OF THE ARRANGEMENT OR BE PRESENT WHEN MATTERS ARE BEING DISCUSSED AND VOTED UPON WHICH BOARD MEMBERS HAVE PERSONAL OR FINANCIAL INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION HAS AVAILABLE AT ITS OFFICE THE ARTICLES OF ORGANIZATION, BOARD OF DIRECTORS MINUTES AND TAX RETURNS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: PRIOR YEAR ADJUSTMENTS 4,498.