Hyannis Main Street Business Improvement District Inc logo

Hyannis Main Street Business Improvement District Inc

501(c)(6) organization Hyannis, MA EIN: 04-3490014 Website

This organization was organized for the civic purpose of promoting, developing, and advancing business within the district in the downtown area of hyannis, Massachusetts.

Hyannis Main Street Business Improvement District Inc at a glance

Total assets
$573,656
-0.2% vs 2024
Revenue (2025)
$461,073
-6.9% vs 2024
Net investment income (2025)
$2,813
-36.6% vs 2024
Expenses (2025)
$451,069
-2.7% vs 2024
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

How to apply to Hyannis Main Street Business Improvement District Inc

Who Hyannis Main Street Business Improvement District Inc funds

How this funder distributes its grants

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 10 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Cities

HyannisCenterville

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80KTotal only2021 7 grants2022 3 grants2023 0 grants2024 0 grants2025

From 2021 to 2023, annual grant giving ranged from $17K (2021) to $70K (2022). In 2023 it made 3 grants totaling $30K.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Sew What Hyannis, MAPandemic Assistance$10,000
Diva's Beauty Studio Hyannis, MAPandemic Assistance$10,000
Melissa Morris Hyannis, MAPandemic Assistance$10,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$573,656$461,073$451,069——$2,813
2024$575,034$495,164$463,762——$4,438
2023$511,931$404,414$402,706$30,0003$1,450
2022$500,782$481,405$401,119$70,0007$97
2021$436,890$399,757$352,550$16,846Total only$32

"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.

About Hyannis Main Street Business Improvement District Inc

Based on IRS filings

Hyannis Main Street Business Improvement District Inc is a public charity focused on Community Improvement & Capacity Building, based in Hyannis, MA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $574K in total assets. Net investment income was $3K.

Leadership & Key People

Officers and directors from IRS filings

Hyannis Main Street Business Improvement District Inc is led by David Colombo, President on every filing since 2021; none of the 14 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • David Colombo

    President

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Aaron Webb

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Caroline McKeon

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • David Lawler

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Jen Villa

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Lynn Mitchell

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Paul Marble

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Richard Penn

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Pat Smith

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Bruce Prescott

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Dhaval Prajapati

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Paulo Paraguay

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Betsy Young

    Vice President

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Stan Hodkinson

    Treasurer

    On filings since 2021

    2 hrs/week

    No compensation reported

Former officers (8)
  • Former: Mark Sexton (2021–2024) — Clerk
  • Former: Rob Brennan (2021–2024) — Director
  • Former: Ranu Mehta (2022–2024) — Director
  • Former: William Scotti (2023–2024) — Director
  • Former: Bill Scotti (2021–2022) — Director
  • Former: Fran Prescott (2021–2022) — Director
  • Former: Dhaval Paparati (2021) — Director
  • Former: Sam Mazzeo (2021) — Director

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Hyannis Main Street Business Improvement District Inc

How large is Hyannis Main Street Business Improvement District Inc?

Hyannis Main Street Business Improvement District Inc reported $574K in total assets on its 2025 IRS Form 990. Its revenue that year was $461K.

What is Hyannis Main Street Business Improvement District Inc?

Hyannis Main Street Business Improvement District Inc is a public charity focused on Community Improvement & Capacity Building, based in Hyannis, MA. It holds $574K in total assets as of 2025.

Where does Hyannis Main Street Business Improvement District Inc operate?

Hyannis Main Street Business Improvement District Inc has awarded grants in Massachusetts.

What is Hyannis Main Street Business Improvement District Inc's EIN?

Hyannis Main Street Business Improvement District Inc's EIN (Employer Identification Number) is 04-3490014. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS November 4, 2021)
  2. IRS filings on file for fiscal years 2021–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Hyannis Main Street Business Improvement District Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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