AMHERST BUSINESS IMPROVEMENT DISTRICT INC

EIN: 455243811 Community Improvement

AMHERST, MA

Total Revenue
$638,493
Total Expenses
$495,568
Total Assets
$775,883
Net Assets
$695,342
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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
MA
Principal Officer
BARRY ROBERTS
Phone
4133452945
Tax Period
2024-07-01 to 2025-06-30

AMHERST BUSINESS IMPROVEMENT DISTRICT INC, founded in 2012, is a small nonprofit in the Community Improvement sector that reported $638K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $143K, a strong 22% operating margin.

Mission

THE MISSION OF THE AMHERST BUSINESS IMPROVEMENT DISTRICT (BID) IS TO ENHANCE THE ECONOMIC PROSPERITY OF AMHERST'S CENTRAL BUSINESS DISTRICT THROUGH MARKETING AND EVENTS, SMALL BUSINESS SUPPORT, BEAUTIFICATION, AND OTHER STRATEGIC INITIATIVES. THE BID PLAYS A KEY ROLE IN ENSURING THAT AMHERST REMAINS A DESTINATION WHERE BUSINESSES THRIVE, RESIDENTS ENJOY A HIGH QUALITY OF LIFE, AND VISITORS EXPERIENCE THE UNIQUE CHARM THAT SETS AMHERST APART.

Program Service Accomplishments

Program 1
Expenses: $190,361 Revenue: $213,010

MARKETING AND EVENTS: AMPLIFYING AMHERST'S IDENTITY AS A DESTINATION IS ESSENTIAL FOR DRIVING FOOT TRAFFIC AND BUSINESS GROWTH. WE LEAD MARKETING EFFORTS TO SHOWCASE OUR LOCAL BUSINESSES, EVENTS, AND...

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MARKETING AND EVENTS: AMPLIFYING AMHERST'S IDENTITY AS A DESTINATION IS ESSENTIAL FOR DRIVING FOOT TRAFFIC AND BUSINESS GROWTH. WE LEAD MARKETING EFFORTS TO SHOWCASE OUR LOCAL BUSINESSES, EVENTS, AND CULTURAL ATTRACTIONS. WE ORGANIZE COMMUNITY PROGRAMMING THROUGHOUT THE YEAR THAT ATTRACT VISITORS AND LOCALS ALIKE TO OUR CENTRAL BUSINESS DISTRICT INCLUDING OUR: FALL BLOCK PARTY, HOLIDAY PROMOTIONS, WINTER FESTIVAL, SUMMER CONCERT SERIES, AND MORE.

Program 2
Expenses: $97,982 Revenue: $196,010

SMALL BUSINESS SUPPORT: SMALL BUSINESSES ARE THE HEARTBEAT OF OUR TOWN. WE CONTINUE TO ADVOCATE FOR THE RESOURCES AND OPPORTUNITIES THAT ALLOW LOCAL ENTREPRENEURS TO FLOURISH. FROM MARKETING...

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SMALL BUSINESS SUPPORT: SMALL BUSINESSES ARE THE HEARTBEAT OF OUR TOWN. WE CONTINUE TO ADVOCATE FOR THE RESOURCES AND OPPORTUNITIES THAT ALLOW LOCAL ENTREPRENEURS TO FLOURISH. FROM MARKETING ASSISTANCE TO NETWORKING OPPORTUNITIES AND BUSINESS DEVELOPMENT SERVICES, WE ARE COMMITTED TO PROVIDING THE TOOLS AND SUPPORT THAT OUR BUSINESSES NEED TO SUCCEED.

Program 3
Expenses: $133,667 Revenue: $196,009

BEAUTIFICATION AND PLACEMAKING: OUR TOWN'S AESTHETIC APPEAL IS INTEGRAL TO CREATING AN INVITING ATMOSPHERE FOR RESIDENTS AND VISITORS ALIKE. WE WILL CONTINUE TO FOCUS ON ENHANCING PUBLIC SPACES...

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BEAUTIFICATION AND PLACEMAKING: OUR TOWN'S AESTHETIC APPEAL IS INTEGRAL TO CREATING AN INVITING ATMOSPHERE FOR RESIDENTS AND VISITORS ALIKE. WE WILL CONTINUE TO FOCUS ON ENHANCING PUBLIC SPACES, MAINTAINING CLEANLINESS, AND IMPLEMENTING CREATIVE PLACEMAKING PROJECTS THAT REFLECT THE SPIRIT OF AMHERST. THESE EFFORTS NOT ONLY BEAUTIFY OUR STREETS BUT FOSTER A SENSE OF PRIDE, CONNECTION, BELONGING, AND FOSTER SOCIAL COHESION WITHIN THE COMMUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $32,500
Program Service Revenue $605,029
Investment Income $198
Other Revenue $766
TOTAL REVENUE $638,493

Expense Breakdown

Grants Paid $40,500
Salaries & Benefits $169,419
Fundraising Expenses $0
Program Expenses $422,010
Other Expenses $285,649
TOTAL EXPENSES $495,568

Year-over-Year Comparison

2024 2023 Change
Revenue $638,493 $583,222 +0.1%
Expenses $495,568 $480,709 +0.0%
Net Income $142,925 $102,513 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
15
Employees
5
Volunteers
15

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$24,381
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARRY ROBERTS PRESIDENT 2.00
Officer Director
$0 $0 $0
SARAH BARR VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
SHARON POVINELLI TREASURER 2.00
Officer Director
$0 $0 $0
ANTONIOS MAROULIS SECRETARY/CLERK 2.00
Officer Director
$0 $0 $0
JEREMY AUSTIN DIRECTOR 1.00
Director
$0 $0 $0
PAUL BOCKELMAN DIRECTOR 1.00
Director
$0 $0 $0
ANDREW BOHNE DIRECTOR 1.00
Director
$0 $0 $0
EWEN CHEN DIRECTOR 1.00
Director
$0 $0 $0
GERALD JONES DIRECTOR 1.00
Director
$0 $0 $0
ALEX LAGUERRA SIERRA DIRECTOR 1.00
Director
$0 $0 $0
DAVID MAZOR DIRECTOR 1.00
Director
$0 $0 $0
SHARON SHARRY DIRECTOR 1.00
Director
$0 $0 $0
DEBORAH HERMANCE DIRECTOR 1.00
Director
$0 $0 $0
ANIKA LOPES DIRECTOR 1.00
Director
$0 $0 $0
JONATHAN SALVON DIRECTOR 1.00
Director
$0 $0 $0
JOHN PAGE EXECUTIVE DIRECTOR 40.00
Officer
$24,381 $0 $24,381
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $638,493 $495,568 $775,883 $142,925
2024 No data No data No data No data
2023 $519,912 $643,036 $591,424 $-123,124
2022 $740,809 $585,870 $843,367 $154,939
2021 $713,908 $479,805 $686,511 $234,103
2020 $455,837 $390,737 $433,103 $65,100
2019 $429,185 $371,835 $384,423 $57,350
2018 $385,691 $379,792 $317,254 $5,899
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