Nonprofit · EIN 27-4986958
MADISON MAIN STREET FOUNDATION
Tax-exempt (reinstated) · MADISON, NJ 07940
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $158,286 | $99,502 | $58,784 | $228,485 | $0 | $228,485 |
| December 31, 2023 | 990-EZ | $98,716 | $97,979 | $737 | $169,701 | $0 | $169,701 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $25,000
- Program service revenue
- $127,106
- Investment income
- $6,180
Expenses
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $99,502
- Program services (functional)
- $82,144
Balance sheet and other
- Total assets, start of year
- $169,701
- Total assets, end of year
- $228,485
- Total liabilities, end of year
- $0
- Net assets, end of year
- $228,485
- Cash, savings and investments
- $228,485
- Gross receipts
- $158,286
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL DALY | VICE CHAIR | 0 | $0 |
| BARRY KROLL | TRUSTEE | 0 | $0 |
| JESSICA DONINGER | TRUSTEE | 0 | $0 |
| STEVE TOMBALAKIAN | CHAIRMAN | 0 | $0 |
| MELANIE TOMASZEWSKI | SECRETARY | 0 | $0 |
| PETER TESHIMA | TREASURER | 0 | $0 |
990-EZ for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL DALY | VICE CHAIR | 0 | $0 |
| BARRY KROLL | TRUSTEE | 0 | $0 |
| JOHN MORRIS | TRUSTEE | 0 | $0 |
| STEVE TOMBALAKIAN | CHAIRMAN | 0 | $0 |
| MELANIE TOMASZEWSKI | SECRETARY | 0 | $0 |
| PETER TESHIMA | TREASURER | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 364, MADISON, NJ 07940-0364
- Signed the 990-EZ
- PETER TESHIMA, TREASURER
- Phone
- (973) 822-0835
- Return prepared by
- RRBB ADVISORS LLC
Mission
TO FOSTER A SENSE OF COMMUNITY AND TO PROMOTE COMMUNICATION AND COOPERATION BETWEEN MEMBERS OF CORPORATION AND OTHER GROUPS.TO PROMOTE THE DEVELOPMENT OF MADISON, NJ'S COMMERCIAL DISTRICT, TO ACT AS A BUSINESS ADVOCATE FOR THE DISTRICT, AND TO PRODUCE AND DISTRIBUTE EDUCATIONAL MATERIALS RELATING TO THE DISTRICT.TO ASSIST OTHER CHARITABLE AND EDUCATIONAL ORGANIZATIONS IN THE CONDUCT OF SIMILAR ACTIVITIES.TO ENGAGE IN OTHER CHARITABLE AND EDUCATIONAL ACTIVITIES AS DETERMINED BY THE BOARD OF TRUSTEES.
Program accomplishments
- TO FOSTER A SENSE OF COMMUNITY AND TO PROMOTE COMMUNICATION AND COOPERATION BETWEEN MEMBERS OF CORPORATION AND OTHER GROUPS.Expenses $82,144
- NONE
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 | Not 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
- 27-4986958
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $228,485
- Income (IRS master file)
- $158,286
Revocation and reinstatement
- Exemption revoked
- May 15, 2014
- Posted by the IRS
- May 30, 2015
- Reinstated
- Effective May 15, 2014
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $158,286 | $99,502 | $228,485 | XML |
| 990-EZ | December 2023 | $98,716 | $97,979 | $169,701 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 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 27-4986958).
Questions about MADISON MAIN STREET FOUNDATION
- What is the EIN of MADISON MAIN STREET FOUNDATION?
- The employer identification number (EIN) of MADISON MAIN STREET FOUNDATION is 27-4986958.
- Is MADISON MAIN STREET FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2014 and reinstated it effective May 15, 2014.
- Are donations to MADISON MAIN STREET FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MADISON MAIN STREET FOUNDATION 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 MADISON MAIN STREET FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MADISON MAIN STREET FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of MADISON MAIN STREET FOUNDATION?
- The 990-EZ for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does MADISON MAIN STREET FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $158,286, expenses of $99,502 and total assets of $228,485 at year end.
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- INTERNATIONAL ASSOCIATION FOR RELATIONSHIP RESEARCH EIN 32-0083743 · last filed 990 for 2025
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- AI LEARNING ALLIANCE INC EIN 39-3395345 · last filed 990-N for 2025
- COUGAR FIELD NEIGHBORHOOD PRESERVATION ASSOCIATION EIN 26-2118014 · last filed 990-N for 2025
- DREW UNIVERSITY EIN 22-1487164 · last filed 990 for 2025
- YOUNG MENS CHRISTIAN ASSOCIATION OF MADISON NJ EIN 22-1487385 · last filed 990 for 2025
- SANDY HILL FOUNDATION EIN 22-2668774 · last filed 990-PF for 2024
All nonprofits in MADISON · New Jersey · Community improvement and capacity building