Nonprofit · EIN 46-3289690
MAIN STREET LEXINGTON
Tax-exempt · LEXINGTON, VA 24450
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $483,825 | $164,679 | $319,146 | $481,472 | $72,818 | $408,654 |
| June 30, 2024 | 990 | $161,200 | $162,463 | -$1,263 | $129,640 | $40,132 | $89,508 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $467,608
- of which government grants
- $156,400
- Program service revenue
- $16,217
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $82,513
- Salaries, compensation and benefits (total)
- $89,887
- Professional fundraising fees
- $0
- Accounting fees
- $5,561
- Travel
- $768
- Program services (functional)
- $128,493
- Management and general (functional)
- $27,071
- Fundraising (functional)
- $9,115
Balance sheet and other
- Total assets, start of year
- $129,640
- Total assets, end of year
- $481,472
- Total liabilities, end of year
- $72,818
- Net assets, end of year
- $408,654
- Net assets without donor restrictions
- $67,155
- Net assets with donor restrictions
- $341,499
- Gross receipts
- $483,825
- Employees
- 4
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REBECCA LOGAN | FORMER EXEC Trustee or director, Officer | 40 | $49,920 |
| JEREMY FRANKLIN | EXECUTIVE DI Trustee or director, Officer | 40 | $23,024 |
| HOLLY OSTBY | FORMER PRESI Trustee or director, Officer | 3 | $0 |
| LACEY MOORE | BOARD MEMBER Trustee or director | 2 | $0 |
| JOHN KIRKPATRICK | BOARD MEMBER Trustee or director | 3 | $0 |
| JARED COVINGTON | BOARD MEMBER Trustee or director | 3 | $0 |
| JEFF HUGHES | BOARD MEMBER Trustee or director | 3 | $0 |
| ADAM SANDRIDGE | TREASURER Trustee or director, Officer | 3 | $0 |
| LOGAN DAVIS | BOARD MEMBER Trustee or director | 2 | $0 |
| JENNIFER YOUNG | BOARD MEMBER Trustee or director | 2 | $0 |
| JOHN MORMAN | VICE PRESIDE Trustee or director, Officer | 3 | $0 |
| DAVID FEINAUER | PRESIDENT Trustee or director, Officer | 4 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REBECCA LOGAN | EXECUTIVE DI Trustee or director, Officer | 40 | $64,080 |
| HOLLY OSTBY | PRESIDENT Trustee or director, Officer | 3 | $0 |
| LACEY MOORE | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN KIRKPATRICK | BOARD MEMBER Trustee or director | 3 | $0 |
| JARED COVINGTON | BOARD MEMBER Trustee or director | 3 | $0 |
| JEFF HUGHES | BOARD MEMBER Trustee or director | 4 | $0 |
| ADAM SANDRIDGE | TREASURER Trustee or director, Officer | 1 | $0 |
| LOGAN DAVIS | BOARD MEMBER Trustee or director | 1 | $0 |
| JENNIFER YOUNG | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN MORMAN | BOARD MEMBER Trustee or director | 2 | $0 |
| DAVID FEINAUER | VICE PRESIDE Trustee or director, Officer | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 101 S MAIN ST, LEXINGTON, VA 24450-2315
- In care of
- % REBECCA LOGAN
- Principal officer (990 for 2024)
- DAVID FEINAUER
- Signed the 990
- JEREMY FRANKLIN, EXECUTIVE DIRECTOR
- Phone
- (540) 319-4181
- Website
- WWW.MAINSTREETLEXINGTON.ORG
- Return prepared by
- IMLER & IMLER CPAS PLC
Mission
TO INCREASE THE ECONOMIC PROSPERITY AND CULTURAL VITALITY OF OUR COMMUNITY, REESTABLISHING DOWNTOWN LEXINGTON AS THE VIBRANT ECONOMIC AND CULTUTAL NEXUS OF OUR AREA, WHILE MAINTAINING ITS UNIQUE CHARACTER
Program accomplishments
- PROMOTING AND REVITALIZING HISTORIC DOWNTOWN LEXINGTON VIRGINIAExpenses $128,493 · revenue $311,217
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 46-3289690
- 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
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S99)
- Assets (IRS master file)
- $481,472
- Income (IRS master file)
- $483,825
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $483,825 | $164,679 | $481,472 | XML |
| 990 | June 2024 | $161,200 | $162,463 | $129,640 | XML |
| 990 | June 2023 | $178,734 | $167,559 | $159,260 | IRS |
| 990 | June 2022 | $141,922 | $166,158 | $127,783 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 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 46-3289690).
Questions about MAIN STREET LEXINGTON
- What is the EIN of MAIN STREET LEXINGTON?
- The employer identification number (EIN) of MAIN STREET LEXINGTON is 46-3289690.
- Is MAIN STREET LEXINGTON tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to MAIN STREET LEXINGTON tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MAIN STREET LEXINGTON 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 MAIN STREET LEXINGTON due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MAIN STREET LEXINGTON last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MAIN STREET LEXINGTON?
- The 990 for the year ended June 30, 2025 names DAVID FEINAUER.
- Who are the officers and directors of MAIN STREET LEXINGTON?
- The 990 for the year ended June 30, 2025 lists 12 people; 2 received compensation from the organization, the highest $49,920 (REBECCA LOGAN, FORMER EXEC).
- How much revenue does MAIN STREET LEXINGTON have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $483,825, expenses of $164,679 and total assets of $481,472 at year end.
Other nonprofits in LEXINGTON
- COMMUNITY FOUNDATION FOR ROCKBRIDGE BATH AND ALLEGHANY EIN 27-3422429 · last filed 990 for 2024
- VIRGINIA ASSOCIATION OF PHYSICAL PLANT ADMINISTRATORS INC EIN 81-2946888 · last filed 990 for 2024
- THE LEXINGTON WOMANS CLUB EIN 47-4477905 · last filed 990-N for 2025
- DIVERSITY SERVES EIN 81-3863693 · last filed 990-N for 2025
- THE LEEEGH INC EIN 27-1586463 · last filed 990-N for 2023
- LEXIGTON ROTARY CLUB FOUNDATION EIN 47-5142687 · last filed 990-N for 2025
- WASHINGTON & LEE UNIVERSITY EIN 54-0505977 · last filed 990 for 2025
- VMI FOUNDATION EIN 54-0505966 · last filed 990 for 2025
All nonprofits in LEXINGTON · Virginia · Community improvement and capacity building