Applicant Details & Scoring

ARC State Program Manager Comments

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APPLICANT

Cambridge Main Street

Total Qualifying Score: 3
County (ARC Region): Yes
State (ARC Region): Yes
Q3. IRS Status: Nonprofit – 2
Q4. Parent Entity: No – 1
Q5. 2 or More Full-Time Employees : No (as of 12/31/2019)
Q7. Budget Level: Above $3 million or below $100,000 – 0 (Last Fiscal Year Actual Income)
Q8. Restricted Reserves: Yes – 0
Q9. CARES Act Funding: Yes – 0
Q13. Participation by Executive: Yes


CONTACT & LOCATION INFORMATION

Cambridge Main Street
Cambridge, Guernsey County, Ohio 43725
740-439-2238
Email
www

County (ARC Region) Guernsey
State (ARC Region) Ohio


ORGANIZATIONAL & FINANCIAL INFORMATION

Q1. Mission:

To provide memorable experiences that will attract people to our community.

Q2. How organization aligns with ARC’s Plan & Goals:

Cambridge Main Street provides grant funding and training opportunities to the local small businesses and building owners that line downtown Cambridge.  These funds are used for business improvements or building improvements and the trainings help to strengthen and grow these small businesses.  Trainings include first aid/cpr, marketing, financial reporting, grant writing, etc.  We then use the cultural heritage assets, ie the buildings in downtown to encourage visitors and shoppers.  We plan and schedule events to bring people into downtown visit these buildings and then in turn the shops and advance our local small businesses.  Future plans include hosting local high school youth to intern with the program to learn more about the Main Street approach and our Five Points to historic preservation and economic development in downtown. 

Q3. IRS Filing Status: 501(c)(3)   

Q4. Unit or Chapter of Larger Organization: No

Q5. Employees:

Full-Time/Part-Time Employees: 1/0 (as of 9/1/2020)

Full-Time/Part-Time Employees: 1/0 (as of 12/31/2019)

Current Year Income/Expenses: $54,470/$66,648

Q6. Fiscal Year: Calendar

Q7. Budget Level

Last Fiscal Year Income/Expenses (Actual): $86,060 / $86960

Current Year Income/Expenses (Projected): $54,470 / $66,648

Balance Sheet

Q8. Restricted Reserves (Amount): Yes ($7000)

Q9. CARES Act Funding (Amount): Yes ($7100)
Received From: WesBanco   Date Received: 4/1/2020
For What Purpose(s): Payroll related expenses

Q10. Negative Impacts from COVID-19:

Fundraising through special events is a large part of our operating income.  Because one of our largest events was canceled due to COVID we lost approximately $5000 in operating expenses.  Our first event we were able to hold was much smaller, one because of weather, and two because of COVID concerns and many of our events have been scaled back for safety.  Sponsorships have been difficult to obtain because we rely on the small businesses to sponsor portions of the events (trophies, bands, etc.) and because they are struggling we have to requested funding from them.  We will have to tap into emergency funds to continue operations. 

Q11. Top Three Concerns:
Funding for the organization
Ensuring our small businesses survive
Ensuring the public is safe during the events we are able to host

How Participation in Program Will Address Concerns:

Providing assistance with ideas and knowledge on how to survive the pandemic financially.  We rely on these small businesses and helping them stay afloat and in businesses.  


COHORT INSTRUCTION

Q12. Applying as a Proposed Cohort? No

Q13. Executive Director or CEO Will Participate in the Program? Yes

Q14. Top Two Choices for Cohort Instruction:

Course #1 Choice: 1-Fundraising

Course #2 Choice: 2-Long-term Financial Management

Q15. Desired Course Schedule for Cohort Instruction:

#1 Desired Course Schedule: 1-Fall 2020: 6-Week Course (Nov. 9, 2020 – Dec. 18, 2020)

#2 Desired Course Schedule: 2-Winter 2021 A: 5-Week Course (Jan. 25, 2021 – Feb. 28, 2021)


APPLICATION SUBMITED BY:

Name: Mary Beth Sills Sills, Director

Application Approved by Organization Director or CEO? Yes, Approved by Executive Director/CEO

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