REHOBOTH BEACH MAIN STREET INC

EIN: 510368973 501(c)(3) Community Improvement

REHOBOTH BEACH, DE

Total Revenue
$205,508
Total Expenses
$209,324
Total Assets
$145,932
Net Assets
$143,570
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
DE
Principal Officer
GERRY BEAULIEU
Phone
3022272772
Tax Period
2024-01-01 to 2024-12-31

REHOBOTH BEACH MAIN STREET INC, founded in 1996, is a small nonprofit in the Community Improvement sector that reported $206K in total revenue in fiscal year 2024.

Mission

REHOBOTH BEACH MAIN STREET IS A NOT-FOR-PROFIT VOLUNTEER-DRIVEN ORGANIZATION WHOSE MISSION IS TO FOSTER AND PROMOTE A VIBRANT, YEAR-ROUND, IN-TOWN EXPERIENCE FOR BUSINESSES, RESIDENTS AND VISITORS ALIKE.

Program Service Accomplishments

Program 1
Expenses: $29,137 Revenue: $16,669

IN 2019, RBMS ESTABLISHED A NEW PROGRAM, REHOBOTH IN BLOOM, WITH THE FOLLOWING 3 GOALS: (1) THE BEAUTIFICATION OF DOWNTOWN REHOBOTH BEACH (2) MAKING DOWNTOWN MORE PEDESTRIAN-FRIENDLY & (3) FOSTERING...

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IN 2019, RBMS ESTABLISHED A NEW PROGRAM, REHOBOTH IN BLOOM, WITH THE FOLLOWING 3 GOALS: (1) THE BEAUTIFICATION OF DOWNTOWN REHOBOTH BEACH (2) MAKING DOWNTOWN MORE PEDESTRIAN-FRIENDLY & (3) FOSTERING A COMMUNITY SPIRIT WITH RESIDENTS AND COMMERCIAL ESTABLISHMENTS. RBMS WORKS TO PROMOTE LOCAL DOWNTOWN BEAUTIFICATION AND COMMUNITY INVOLVEMENT

Program 2
Expenses: $81,803

RBMS IS LINKED TO THE OUTSTANDING SEASHORE ENVIRONMENT FOR THE SUSTAINABILITY OF ITS LOCAL ECONOMY & QUALITY OF LIFE. WITH THE GOAL TO PROMOTE A COMMUNITY THAT IS SUSTAINABLE IN THE CONTEXT OF LOCAL...

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RBMS IS LINKED TO THE OUTSTANDING SEASHORE ENVIRONMENT FOR THE SUSTAINABILITY OF ITS LOCAL ECONOMY & QUALITY OF LIFE. WITH THE GOAL TO PROMOTE A COMMUNITY THAT IS SUSTAINABLE IN THE CONTEXT OF LOCAL ECONOMY, ENVIRONMENT, AND QUALITY OF LIFE. THE RBMS MISSION IS TO PROMOTE DOWNTOWN REHOBOTH BEACH AS A YEAR-ROUND DESTINATION WITH A VIBRANT COMMERCIAL AREA, A FULL CALENDAR OF LOCAL EVENTS, AND ECONOMIC PROGRAMS BENEFITING THE BUSINESSES & RESIDENTIAL 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 $117,403
Program Service Revenue $16,669
Investment Income $2,575
Other Revenue $68,861
TOTAL REVENUE $205,508

Expense Breakdown

Grants Paid $0
Salaries & Benefits $90,806
Fundraising Expenses $21,861
Program Expenses $110,940
Other Expenses $118,518
TOTAL EXPENSES $209,324

Year-over-Year Comparison

2024 2023 Change
Revenue $205,508 $202,892 +0.0%
Expenses $209,324 $183,136 +0.1%
Net Income $-3,816 $19,756 -1.2%
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
2
Volunteers
120

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
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUZIE MARTIN PRESIDENT 5.00
Officer
$0 $0 $0
RACHEL MACHA VICE PRESIDE 5.00
Officer
$0 $0 $0
RICK PERRY VICE CHAIR 5.00
Officer
$0 $0 $0
JERRY FIBLIN SECRETARY 5.00
Officer
$0 $0 $0
GERRY BEAULIEU TREASURER 5.00
Officer
$0 $0 $0
CAROLYN DIEFENDERFER ASSISTANT TR 5.00
Director
$0 $0 $0
N/A GENERAL COUN 5.00
Director
$0 $0 $0
PETER PIZZOLONGO BOARD MEMBER 5.00
Director
$0 $0 $0
BOB GOLDEN BOARD MEMBER 5.00
Director
$0 $0 $0
CINDY LOVETT BOARD MEMBER 5.00
Director
$0 $0 $0
TERRY KISTLER BOARD MEMBER 5.00
Director
$0 $0 $0
JEN CARROLL BOARD MEMBER 5.00
Director
$0 $0 $0
HERB ENGERT BOARD MEMBER 5.00
Director
$0 $0 $0
STEVE SCHEFFER BOARD MEMBER 5.00
Director
$0 $0 $0
DANA PECCON BOARD MEMBER 5.00
Director
$0 $0 $0
MIKE VENANZI BOARD MEMBER 5.00
Director
$0 $0 $0
SHERRI BROWN BOARD MEMBER 5.00
Director
$0 $0 $0
TOM JOHNSON BOARD MEMBER 5.00
Director
$0 $0 $0
ALLI HUTCHINSON BOARD MEMBER 5.00
Director
$0 $0 $0
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
2024 $205,508 $209,324 $145,932 $-3,816
2023 $202,892 $183,136 $148,228 $19,756
2022 $169,383 $138,552 $130,237 $30,831
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