Nonprofit · EIN 46-1676220
MADISON VISIONARY PARTNERS
Also known as MVP
Tax-exempt · MADISON, AL 35758
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $916,558 | $141,640 | $774,918 | $1,062,189 | $1,697 | $1,060,492 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $892,089
- of which government grants
- $60,000
- Program service revenue
- $0
- Investment income
- $17,902
- Net income from fundraising events
- $6,567
- Other revenue
- $6,567
Expenses
- Grants and similar amounts paid
- $10,000
- Compensation of officers, directors and key employees
- $47,597
- Other salaries and wages
- $15,594
- Salaries, compensation and benefits (total)
- $68,025
- Professional fundraising fees
- $0
- Legal fees
- $545
- Accounting fees
- $12,211
- Occupancy
- $1,188
- Program services (functional)
- $49,697
- Management and general (functional)
- $91,943
Balance sheet and other
- Total assets, start of year
- $287,562
- Total assets, end of year
- $1,062,189
- Total liabilities, end of year
- $1,697
- Net assets, end of year
- $1,060,492
- Net assets without donor restrictions
- $115,497
- Net assets with donor restrictions
- $944,995
- Gross receipts
- $926,626
- Employees
- 3
- Volunteers
- 73
- Year formed
- 2012
- State of legal domicile
- AL
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MELANIE THORNTON | FORMER EXEC DIRECTOR Trustee or director | 40 | $38,430 |
| CHRISTINA HEARNE | EXECUTIVE DIRECTOR Trustee or director | 40 | $9,167 |
| JOHNA BRAZEAL | BOARD MEMBER Trustee or director | 1 | $0 |
| M TROY BYE | BOARD MEMBER Trustee or director | 1 | $0 |
| MECCA MUSICK | BOARD MEMBER Trustee or director | 1 | $0 |
| BETH SIPPEL | BOARD MEMBER Trustee or director | 1 | $0 |
| JEFF SHOWALTER | BOARD MEMBER Trustee or director | 1 | $0 |
| BRENDA MATTHEWS | BOARD CHAIR Trustee or director, Officer | 7 | $0 |
| STEPHANIE WALKER | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| MARC JACOBSON | SECRETARY Trustee or director, Officer | 2 | $0 |
| CHUCK BRAND | TREASURER Trustee or director, Officer | 7 | $0 |
| DAVID BIER | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRIS LINDSEY | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 103 SPENRYN DR, MADISON, AL 35758-1891
- In care of
- % NILMINI THOMPSON
- Mailing address (990-N for 2018)
- 100 HUGHES ROAD, MADISON AL 35758
- Principal officer (990 for 2024)
- CHARLES A BRAND II, 103 SPENRYN DRIVE, MADISON, AL 35758
- Principal officer (990-N for 2018)
- MARC JOCOBSON, 100 HUGHES ROAD, MADISON AL 35758
- Signed the 990
- CHARLES A BRAND II, TREASURER
- Phone
- (256) 384-4358
- Return prepared by
- ALDRIDGE BORDEN & COMPANY PC
Mission
THE PURPOSE OF THE CORPORATION IS CONNECTING PEOPLE WHO CARE WITH CAUSES THAT MATTER TO DEVELOP AND IMPLEMENT PLANS TO ENRICH THE QUALITY OF LIFE OF PEOPLE LIVING AND WORKING IN THE CITY OF MADISON.
Program accomplishments
- MADISON COMMUNITY CENTER CAMPAIGN - A PROJECT TO COLLECT DONATIONS FROM THE LOCAL COMMUNITY TO HELP FUND THE TRANSFORMATION OF THE BUILDING FORMERLY KNOWN AS THREE SPRINGS INTO THE MADISON COMMUNITY CENTER, A 34,000 SQUARE FOOT CENTER FOR INTERGENERATIONAL LEARNING THAT WILL ALSO FEATURE OUTDOOR RECREATIONAL SPACES. MVP ANTICIPATES THAT THIS CAMPAIGN WILL WRAPUP IN THE SPRING OF 2025 AND DONOR RESTRICTED FUNDS FOR THIS PROJECT WILL BE TRANSFERRED TO THE CITY OF MADISON. TOTAL RESTRICTED NET ASSETS OF THIS PROGRAM IS 865,458.25 AT THE END OF 2024.Expenses $2,594
- MURAL TRAIL - IN 2024, MVP LAUNCHED THE MADISON MURAL TRAIL WITH A COMMITTMENT TO BRING THREE MURALS TO MADISON CITY. TWO MURALS WERE COMPLETED IN MAY 2024 AND PLANS FOR A THIRD ARE UNDERWAY. THE MADISON MURAL TRAIL IS TRULY A GRASSROOTS EFFORT THAT BEGAN WITH A GROUP OF COMMUNITY MEMBERS WHO WANTED TO SEE MORE PUBLIC ART IN THE CITY. MADISON VISIONARY PARTNERS WAS HAPPY TO LEAD THIS PROJECT AND OVER THE COURSE OF A YEAR, WE HAVE WORKED CLOSELY WITH CITY LEADERS TO BRING THIS IDEA TO REALITY. THROUGH GRANTS AND CORPORATE DONORS, MVP HAS SUCCESSFULLY FUNDED TWO MURAL PROJECTS IN 2024. TOTAL RESTRICTED NET ASSETS OF THIS PROGRAM IS 608.45 AT THE END OF 2024.Expenses $29,541
- MIRACLE LEAGUE FIELD - THIS COMMUNITY-LED, GRASSROOTS FUNDRAISING EFFORT SEEKS TO BRING A MIRACLE LEAGUE FIELD TO PALMER PARK. THIS IS A FISCALLY-SPONSORED PROJECT FOR MADISON VISIONARY PARTNERS. ON JANUARY 26, 2023, THEY SIGNED AN AGREEMENT WITH MADISON VISIONARY PARTNERS TO BECOME THE FISCAL SPONSOR OF THIS TRANSFORMATIVE PROJECT WITHIN THE CITY OF MADISON THAT WILL REMOVE BARRIERS KEEPING CHILDREN WITH MENTAL AND PHYSICAL DISABILITIES OFF THE BASEBALL FIELD.THE EVENTUAL PROJECT BUILD-OUT ONCE FUNDING HAS BEEN SECURED WILL BE LED BY THE MADISON, ALABAMA PARKS AND RECREATION DEPARTMENT. THE FIELD AND PARK COMPLEX WILL BE LOCATED WITHIN PALMER PARK. TOTAL RESTRICTED NET ASSETS OF THIS PROGRAM IS 52,793 AT THE END OF 2024.Expenses $1,444
- COMMUNITY GRANTS; SPLASH PAD; ARTS ALLIANCE; SHOPPESExpenses $16,118 · grants $10,000
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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-1676220
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T99)
- Assets (IRS master file)
- $1,062,189
- Income (IRS master file)
- $926,626
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $339,744 | $641,806 | $287,562 | IRS |
| 990 | December 2022 | $322,921 | $91,743 | $589,168 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-N for 2018 Officer: MARC JOCOBSON | December 31, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about MADISON VISIONARY PARTNERS
- What is the EIN of MADISON VISIONARY PARTNERS?
- The employer identification number (EIN) of MADISON VISIONARY PARTNERS is 46-1676220.
- Is MADISON VISIONARY PARTNERS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to MADISON VISIONARY PARTNERS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MADISON VISIONARY PARTNERS 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 VISIONARY PARTNERS 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 VISIONARY PARTNERS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MADISON VISIONARY PARTNERS?
- The 990 for the year ended December 31, 2024 names CHARLES A BRAND II.
- Who are the officers and directors of MADISON VISIONARY PARTNERS?
- The 990 for the year ended December 31, 2024 lists 13 people; 2 received compensation from the organization, the highest $38,430 (MELANIE THORNTON, FORMER EXEC DIRECTOR).
- How much revenue does MADISON VISIONARY PARTNERS have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $916,558, expenses of $141,640 and total assets of $1,062,189 at year end.
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All nonprofits in MADISON · Alabama · Philanthropy, voluntarism and grantmaking foundations