Nonprofit · EIN 20-2567700
MOUNT PROSPECT DOWNTOWN MERCHANTS ASSOCIATION
Tax-exempt · MT PROSPECT, IL 60056
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $113,904 | $111,068 | $2,836 | $106,160 | $0 | $106,160 |
| December 31, 2024 | 990-EZ | $101,668 | $93,853 | $7,815 | $103,324 | – | $103,324 |
| December 31, 2023 | 990-EZ | $93,676 | $71,595 | $22,081 | $95,509 | – | $95,509 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Membership dues
- $18,600
- Program service revenue
- $89,746
- Investment income
- $2,923
- Other revenue
- $2,635
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $6,540
- Professional fees and payments to contractors
- $600
- Printing, publications and postage
- $2,867
- Other expenses
- $101,061
Balance sheet and other
- Total assets, start of year
- $103,324
- Total assets, end of year
- $106,160
- Total liabilities, end of year
- $0
- Net assets, end of year
- $106,160
- Cash, savings and investments
- $102,107
- Gross receipts
- $113,904
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Richard SASSAN | TREASURER | 2 | $0 |
| TOM NELSON | PRESIDENT | 5 | $0 |
| TRISHA CHOKSKI | SECRETARY | 5 | $0 |
| ROBERTA HAMANN | SECRETARY | 5 | $0 |
| TOM ZANDER | PAST PRESIDENT | 1 | $0 |
| TAMMI ANDERSON | DIRECTOR | 1 | $0 |
| CHRIS BOZONELOS | DIRECTOR | 1 | $0 |
| VINCE DANTE | DIRECTOR | 1 | $0 |
| JEANNIE MACATANGAY | DIRECTOR | 1 | $0 |
990-EZ for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM BARNES | Treasurer | 2 | $0 |
| THOMAS NELSON | President | 5 | $0 |
| TRISHA CHOKSKI | Secretary | 5 | $0 |
| Roberta Hamann | Secretary | 5 | $0 |
| Tom Zander | Past president | 1 | $0 |
| Tammi Anderson | Director | 1 | $0 |
| Chris Bozonelos | Director | 1 | $0 |
| Aaron Buehler | Director | 1 | $0 |
| Vince Dante | Director | 1 | $0 |
| Jeannie Macatangay | Director | 1 | $0 |
| Floyd Wesel | Director | 1 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM BARNES | Treasurer | 2 | $0 |
| THOMAS NELSON | President | 5 | $0 |
| TRISHA CHOKSKI | Secretary | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 632, MT PROSPECT, IL 60056-0632
- In care of
- % TOM NELSON
- Mailing address (990-N for 2020)
- PO BOX 632, MOUNT PROSPECT IL 60056
- Principal officer (990-N for 2020)
- Richard Sassan, 800 E Northwest Ste 207, Mt Prospect IL 60056
- Signed the 990-EZ
- TOM NELSON, PRESIDENT
- Phone
- (847) 417-2236
- Return prepared by
- B & E Accounting & Tax PC
Mission
SEE SCHGEDULE O
Program accomplishments
- ATTRACT VISITORS TO DOWNTOWN MOUNT PROSPECT
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 20-2567700
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $106,160
- Income (IRS master file)
- $113,904
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $113,904 | $111,068 | $106,160 | XML |
| 990-EZ | December 2024 | $101,668 | $93,853 | $103,324 | XML |
| 990-EZ | December 2023 | $93,676 | $71,595 | $95,509 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Richard Sassan | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Richard Sassan | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 20-2567700).
Questions about MOUNT PROSPECT DOWNTOWN MERCHANTS ASSOCIATION
- What is the EIN of MOUNT PROSPECT DOWNTOWN MERCHANTS ASSOCIATION?
- The employer identification number (EIN) of MOUNT PROSPECT DOWNTOWN MERCHANTS ASSOCIATION is 20-2567700.
- Is MOUNT PROSPECT DOWNTOWN MERCHANTS ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2008.
- Are donations to MOUNT PROSPECT DOWNTOWN MERCHANTS ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MOUNT PROSPECT DOWNTOWN MERCHANTS ASSOCIATION 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 MOUNT PROSPECT DOWNTOWN MERCHANTS ASSOCIATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MOUNT PROSPECT DOWNTOWN MERCHANTS ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of MOUNT PROSPECT DOWNTOWN MERCHANTS ASSOCIATION?
- The 990-N for 2020 names Richard Sassan.
- Who are the officers and directors of MOUNT PROSPECT DOWNTOWN MERCHANTS ASSOCIATION?
- The 990-EZ for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does MOUNT PROSPECT DOWNTOWN MERCHANTS ASSOCIATION have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $113,904, expenses of $111,068 and total assets of $106,160 at year end.
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All nonprofits in MT PROSPECT · Illinois · Community improvement and capacity building