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Nonprofit · EIN 47-0804574

MAIN STREET BEATRICE INC

Tax-exempt · BEATRICE, NE 68310

Financials

$7.2M$311K2023−$5.6M$245K2024
Revenue Expenses · by fiscal year end
Financials of MAIN STREET BEATRICE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-$5,613,657$244,997-$5,858,654$1,232,055$9,110$1,222,945
December 31, 2023990$7,207,843$311,038$6,896,805$7,071,348$7,249$7,064,099
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,087,343
of which government grants
$1,050,000
Program service revenue
$68,401
Investment income
-$6,799,117
Net gain from sales of assets
-$6,800,000
Net income from fundraising events
$27,822
Other revenue
$29,716

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$27,445
Other salaries and wages
$35,378
Salaries, compensation and benefits (total)
$70,587
Professional fundraising fees
$0
Legal fees
$356
Accounting fees
$4,724
Occupancy
$20,944
Travel
$4,224
Program services (functional)
$212,007
Management and general (functional)
$32,990

Balance sheet and other

Total assets, start of year
$7,071,348
Total assets, end of year
$1,232,055
Total liabilities, end of year
$9,110
Net assets, end of year
$1,222,945
Net assets without donor restrictions
$1,222,945
Gross receipts
$1,221,926
Employees
4
Volunteers
75
Year formed
1996
State of legal domicile
NE

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.

NameTitleHours / weekCompensation
MORGAN FOXEXECUTIVE DI
Officer
45$24,522
VIRGINIA GIFFORDEXECUTIVE DI
Officer
45$2,923
ANN RIECHERSPRESIDENT
Trustee or director, Officer
5$0
DANIELLE FAIRBANKSTREASURER
Trustee or director, Officer
10$0
DANIELLE DEINESSECRETARY
Trustee or director, Officer
3$0
CRAIG ZARYBNICKYEXECUTIVE AT
Trustee or director, Officer
2$0
KARLENE DOUGLASPAST PRESIDE
Trustee or director, Officer
2$0
BRYON BELDINGBOARD MEMBER
Trustee or director
2$0
ERIC KIELIANBOARD MEMBER
Trustee or director
2$0
AL DLOUHYBOARD MEMBER
Trustee or director
2$0
JULIE FEISTBOARD MEMBER
Trustee or director
2$0
ERICH HARDENBURGERBOARD MEMBER
Trustee or director
2$0
MARK SIMONSONBOARD MEMBER
Trustee or director
2$0
BROOKE THAYERBOARD MEMBER
Trustee or director
2$0
SHALENA MAGUIREBOARD MEMBER
Trustee or director
2$0
1 more people on this return
NameTitleHours / weekCompensation
DR JACOB MAYBOARD MEMBER
Trustee or director
2$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensation
MICHAEL SOTHANEXECUTIVE DI
Officer
45$42,008
MORGAN FOXEXECUTIVE DI
Officer
45$37,432
JACOB MAYPRESIDENT
Trustee or director, Officer
5$0
KARLENE DOUGLASVICE PRESIDE
Trustee or director, Officer
2$0
DANA HYDOTREASURER
Trustee or director, Officer
10$0
DANIELLE FAIRBANKSSECRETARY
Trustee or director, Officer
3$0
LAUREEN RIEDESELEXECUTIVE AT
Trustee or director, Officer
2$0
ANN REICHERSBOARD MEMBER
Trustee or director
2$0
BRYON BELDINGBOARD MEMBER
Trustee or director
2$0
DANIELLE DEINESBOARD MEMBER
Trustee or director
2$0
AL DLOUHYBOARD MEMBER
Trustee or director
2$0
JULIE FEISTBOARD MEMBER
Trustee or director
2$0
MARK SIMONSONBOARD MEMBER
Trustee or director
2$0
BROOKE THAYERBOARD MEMBER
Trustee or director
2$0
CRAIG ZARYBNICKYBOARD MEMBER
Trustee or director
2$0
BRITTANY PODANYBOARD MEMBER
Trustee or director
2$0
TREVOR CHADWICKBOARD MEMBER
Trustee or director
2$0

Address and contacts

Address (IRS master file)
205 N 4TH ST, BEATRICE, NE 68310-2805
Principal officer (990 for 2024)
DANIELLE FAIRBANKS, 205 NORTH 4TH ST, BEATRICE, NE 68310
Signed the 990
DANIELLE FAIRBANKS, TREASURER
Phone
(402) 223-3244
Return prepared by
DANA F COLE & COMPANY LLP

Mission

PRESERVE, PROMOTE, & IMPROVE THE HISTORIC DOWNTOWN DISTRICT.

990 for the year ended December 31, 2024

Program accomplishments

  • OUR PRIMARY GOALS ARE HISTORIC PRESERVATION AND FOSTERING HEALTHY ECONOMIC GROWTH OF THE DOWNTOWN, THRU CURRENT BUSINESS ASSISTANCE, PROMOTION, AND BY ATTRACTING NEW BUSINESSES. WE ALSO FOCUS ON BUILDING UP OUR COMMUNITY BY GENERATING POSITIVE AND CONSTRUCTIVE INTERACTIONS BETWEEN BUSINESSES, CITY OFFICIALS, AND MOST IMPORTANTLY BEATRICE RESIDENTS AND VISITING CONSUMERS. OUR GOAL IS TO WORK FOR A STRONGER BEATRICE THROUGH OUR DOWNTOWN.
    Expenses $212,007 · revenue $68,401

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-0804574
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
1997
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,232,055
Income (IRS master file)
$1,221,926

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024-$5,613,657$244,997$1,232,055XML
990December 2023$7,207,843$311,038$7,071,348XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS
990-EZDecember 2017–––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 47-0804574).

Questions about MAIN STREET BEATRICE INC

What is the EIN of MAIN STREET BEATRICE INC?
The employer identification number (EIN) of MAIN STREET BEATRICE INC is 47-0804574.
Is MAIN STREET BEATRICE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to MAIN STREET BEATRICE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MAIN STREET BEATRICE 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 MAIN STREET BEATRICE INC 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 MAIN STREET BEATRICE INC 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 MAIN STREET BEATRICE INC?
The 990 for the year ended December 31, 2024 names DANIELLE FAIRBANKS.
Who are the officers and directors of MAIN STREET BEATRICE INC?
The 990 for the year ended December 31, 2024 lists 16 people; 2 received compensation from the organization, the highest $24,522 (MORGAN FOX, EXECUTIVE DI).
How much revenue does MAIN STREET BEATRICE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of -$5,613,657, expenses of $244,997 and total assets of $1,232,055 at year end.

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