Nonprofit · EIN 33-3507222
CANAL STREET MERCHANTS ASSOCIATION INC
Tax-exempt · NEW YORK, NY 10002
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $66,093 | $55,336 | $10,757 | $13,407 | $2,650 | $10,757 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $16,365
- of which government grants
- $16,365
- Program service revenue
- $49,728
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,450
- Program services (functional)
- $52,886
- Management and general (functional)
- $2,450
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $13,407
- Total liabilities, end of year
- $2,650
- Net assets, end of year
- $10,757
- Net assets without donor restrictions
- $10,757
- Gross receipts
- $66,093
- Employees
- 0
- Year formed
- 2025
- State of legal domicile
- NY
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEAH CAMPBELL | SECRETARY Officer | 1 | $0 |
| NIALLS FALLON | PRESIDENT Officer | 1 | $0 |
| NICK PERKINS | TREASURER Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 575 GRAND ST APT E1704, NEW YORK, NY 10002-4321
- In care of
- % NIALLS FALLON
- Principal officer (990 for 2025)
- NIALLS FALLON, 575 GRAND STREET APT E1704, NEW YORK, NY 10002
- Signed the 990
- NIALLS FALLON, PRESIDENT
- Phone
- (917) 318-9172
- Return prepared by
- BMKR LLP
Mission
THE ASSOCIATION IS ORGANIZED AS A BUSINESS LEAGUE UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE, WITH THE FOLLOWING OBJECTIVES: 1.TO PROMOTE, SUPPORT, AND ENHANCE THE ECONOMIC VITALITY AND CULTURAL VIBRANCY OF BUSINESSES ON AND AROUND CANAL STREET IN NEW YORK CITY. 2.TO ADVOCATE FOR THE INTERESTS OF MEMBER BUSINESSES THROUGH MARKETING, EDUCATION, AND COMMUNITY ENGAGEMENT INITIATIVES. 3.TO MANAGE AND COORDINATE PROGRAMS, INCLUDING BUT NOT LIMITED TO THE OPEN STREETS PROGRAM, TO IMPROVE PEDESTRIAN ACCESS, SAFETY, AND THE PUBLIC REALM. 4.TO FOSTER COLLABORATION AMONG MERCHANTS, PROPERTY OWNERS, AND THE LOCAL COMMUNITY TO IMPROVE THE BUSINESS ENVIRONMENT.
Program accomplishments
- THE ORGANIZATIONS PURPOSE IS TO PROMOTE, SUPPORT, AND ENHANCE THE ECONOMIC VITALITY AND CULTURAL VIBRANCY OF BUSINESSES ON AND AROUND CANAL STREET IN NEW YORK CITY. TO ADVOCATE FOR THE INTERESTS OF MEMBER BUSINESSES THROUGH MARKETING, EDUCATION, AND COMMUNITY ENGAGEMENT INITIATIVES. TO MANAGE AND COORDINATE PROGRAMS, INCLUDING BUT NOT LIMITED TO THE OPEN STREETS PROGRAM, TO IMPROVE PEDESTRIAN ACCESS, SAFETY, AND THE PUBLIC REALM. TO FOSTER COLLABORATION AMONG MERCHANTS, PROPERTY OWNERS, AND THE LOCAL COMMUNITY TO IMPROVE THE BUSINESS ENVIRONMENT.Expenses $52,886 · revenue $49,728
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 on file |
| 2024 | December 31, 2024 | May 15, 2025 | Check at the IRS |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 33-3507222
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2025
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $13,407
- Income (IRS master file)
- $66,093
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $66,093 | $55,336 | $13,407 | 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 33-3507222).
Questions about CANAL STREET MERCHANTS ASSOCIATION INC
- What is the EIN of CANAL STREET MERCHANTS ASSOCIATION INC?
- The employer identification number (EIN) of CANAL STREET MERCHANTS ASSOCIATION INC is 33-3507222.
- Is CANAL STREET MERCHANTS ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2025.
- Are donations to CANAL STREET MERCHANTS ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CANAL STREET MERCHANTS ASSOCIATION 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 CANAL STREET MERCHANTS ASSOCIATION INC 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 CANAL STREET MERCHANTS ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of CANAL STREET MERCHANTS ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 names NIALLS FALLON.
- Who are the officers and directors of CANAL STREET MERCHANTS ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does CANAL STREET MERCHANTS ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $66,093, expenses of $55,336 and total assets of $13,407 at year end.
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