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Nonprofit · EIN 04-3615798

MCKINNEY DOWNTOWN BUSINESS REDEVELOPMENT BOARD INC

Tax-exempt · MCKINNEY, TX 75069

Financials

$1.3M$1.2M2022$1.5M$1.4M2023$1.6M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of MCKINNEY DOWNTOWN BUSINESS REDEVELOPMENT BOARD INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$1,642,469$1,674,336-$31,867$876,881$318,111$558,770
September 30, 2024990$1,465,786$1,398,305$67,481$883,350$292,713$590,637
September 30, 2023990$1,265,793$1,166,849$98,944$711,586$188,430$523,156
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$2,452
Membership dues
$2,452
Program service revenue
$1,637,992
Investment income
$87
Other revenue
$1,938

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,974
Depreciation
$12,858
Program services (functional)
$1,671,362
Management and general (functional)
$2,974

Balance sheet and other

Total assets, start of year
$883,350
Total assets, end of year
$876,881
Total liabilities, end of year
$318,111
Net assets, end of year
$558,770
Land, buildings and equipment
$95,363
Net assets without donor restrictions
$558,770
Gross receipts
$1,642,469
Employees
1
Volunteers
300
Year formed
2002
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Mike BuchananChairman
Trustee or director, Officer
10$0
Daniel StyampfelVice President
Trustee or director
5$0
Lauren F SmithTreasurer
Trustee or director, Officer
5$0
Whitney NashDirector
Trustee or director
5$0
Onel PerezDirector
Trustee or director
5$0
Kim BlackDirector
Trustee or director
5$0
Kate McAnallyDirector
Trustee or director
5$0
Heather LowryDirector
Trustee or director
5$0
Jim SchwallsDirector
Trustee or director
5$0
990 for the year ended September 30, 2024: 11 people
NameTitleHours / weekCompensation
Amy PyeattChairman
Trustee or director, Officer
5$0
Ginger HayesDirector
Trustee or director
10$0
Lauren F SmithTreasurer
Trustee or director, Officer
5$0
Preston SchwallsDirector
Trustee or director
5$0
Von DanielDirector
Trustee or director
5$0
Onel PerezDirector
Trustee or director
5$0
Kim BlackDirector
Trustee or director
5$0
Mike BuchananVice President
Trustee or director
5$0
Kate McAnallyDirector
Trustee or director
0$0
Daniel StampfelDirector
Trustee or director
0$0
Heather LowryDirector
Trustee or director
0$0
990 for the year ended September 30, 2023: 11 people
NameTitleHours / weekCompensation
Amy PyettPresident
Trustee or director, Officer
5$0
Ginger HayesDirector
Trustee or director
10$0
A J MichelettoVice President
Trustee or director, Officer
5$0
Taylor PhelanDirector
Trustee or director
5$0
Lauren F SmithSecretary
Trustee or director, Officer
5$0
Preston SchwallsDirector
Trustee or director
5$0
Von DanielDirector
Trustee or director
5$0
Onel PerezDirector
Trustee or director
5$0
Chris WilkesDirector
Trustee or director
5$0
Kim BlackDirector
Trustee or director
5$0
Mike BuchananDirector
Trustee or director
5$0

Address and contacts

Address (IRS master file)
111 N TENNESSEE ST, MCKINNEY, TX 75069-4319
In care of
% AMY BEAR
Principal officer (990 for 2024)
Andrew Jones
Signed the 990
Andrew Jones, Executive Director
Phone
(972) 547-2662
Return prepared by
The Scauzillo Firm PLLC

Mission

OUR MISSION IS TO MAINTAIN AND ENHANCE A VIBRANT DOWNTOWN AREA THROUGH ECONOMIC REDEVELOPMENT, DESIGN, ORGANIZATION AND PROMOTION AS PART OF MCKINNEY'S MAIN STREET PROGRAM. MAIN STREET IS A NATIONAL PROGRAM BORN OUT OF THE NATIONAL TRUST FOR HISTORIC PRESERVATION.

990 for the year ended September 30, 2025

Program accomplishments

  • PROMOTION OF HISTORICAL DOWNTOWN MCKINNEY COMMUNITY AND BUSINESSES
    Expenses $1,671,362 · revenue $1,637,992

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
04-3615798
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$876,881
Income (IRS master file)
$1,642,469

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$1,642,469$1,674,336$876,881XML
990September 2024$1,465,786$1,398,305$883,350XML
990September 2023$1,265,793$1,166,849$711,586XML
990September 2022$1,220,213$1,206,206$578,038IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3615798).

Questions about MCKINNEY DOWNTOWN BUSINESS REDEVELOPMENT BOARD INC

What is the EIN of MCKINNEY DOWNTOWN BUSINESS REDEVELOPMENT BOARD INC?
The employer identification number (EIN) of MCKINNEY DOWNTOWN BUSINESS REDEVELOPMENT BOARD INC is 04-3615798.
Is MCKINNEY DOWNTOWN BUSINESS REDEVELOPMENT BOARD INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to MCKINNEY DOWNTOWN BUSINESS REDEVELOPMENT BOARD INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MCKINNEY DOWNTOWN BUSINESS REDEVELOPMENT BOARD INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MCKINNEY DOWNTOWN BUSINESS REDEVELOPMENT BOARD INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MCKINNEY DOWNTOWN BUSINESS REDEVELOPMENT BOARD INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of MCKINNEY DOWNTOWN BUSINESS REDEVELOPMENT BOARD INC?
The 990 for the year ended September 30, 2025 names Andrew Jones.
Who are the officers and directors of MCKINNEY DOWNTOWN BUSINESS REDEVELOPMENT BOARD INC?
The 990 for the year ended September 30, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does MCKINNEY DOWNTOWN BUSINESS REDEVELOPMENT BOARD INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $1,642,469, expenses of $1,674,336 and total assets of $876,881 at year end.

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