Nonprofit · EIN 47-0804574
MAIN STREET BEATRICE INC
Tax-exempt · BEATRICE, NE 68310
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | -$5,613,657 | $244,997 | -$5,858,654 | $1,232,055 | $9,110 | $1,222,945 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MORGAN FOX | EXECUTIVE DI Officer | 45 | $24,522 |
| VIRGINIA GIFFORD | EXECUTIVE DI Officer | 45 | $2,923 |
| ANN RIECHERS | PRESIDENT Trustee or director, Officer | 5 | $0 |
| DANIELLE FAIRBANKS | TREASURER Trustee or director, Officer | 10 | $0 |
| DANIELLE DEINES | SECRETARY Trustee or director, Officer | 3 | $0 |
| CRAIG ZARYBNICKY | EXECUTIVE AT Trustee or director, Officer | 2 | $0 |
| KARLENE DOUGLAS | PAST PRESIDE Trustee or director, Officer | 2 | $0 |
| BRYON BELDING | BOARD MEMBER Trustee or director | 2 | $0 |
| ERIC KIELIAN | BOARD MEMBER Trustee or director | 2 | $0 |
| AL DLOUHY | BOARD MEMBER Trustee or director | 2 | $0 |
| JULIE FEIST | BOARD MEMBER Trustee or director | 2 | $0 |
| ERICH HARDENBURGER | BOARD MEMBER Trustee or director | 2 | $0 |
| MARK SIMONSON | BOARD MEMBER Trustee or director | 2 | $0 |
| BROOKE THAYER | BOARD MEMBER Trustee or director | 2 | $0 |
| SHALENA MAGUIRE | BOARD MEMBER Trustee or director | 2 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR JACOB MAY | BOARD MEMBER Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL SOTHAN | EXECUTIVE DI Officer | 45 | $42,008 |
| MORGAN FOX | EXECUTIVE DI Officer | 45 | $37,432 |
| JACOB MAY | PRESIDENT Trustee or director, Officer | 5 | $0 |
| KARLENE DOUGLAS | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
| DANA HYDO | TREASURER Trustee or director, Officer | 10 | $0 |
| DANIELLE FAIRBANKS | SECRETARY Trustee or director, Officer | 3 | $0 |
| LAUREEN RIEDESEL | EXECUTIVE AT Trustee or director, Officer | 2 | $0 |
| ANN REICHERS | BOARD MEMBER Trustee or director | 2 | $0 |
| BRYON BELDING | BOARD MEMBER Trustee or director | 2 | $0 |
| DANIELLE DEINES | BOARD MEMBER Trustee or director | 2 | $0 |
| AL DLOUHY | BOARD MEMBER Trustee or director | 2 | $0 |
| JULIE FEIST | BOARD MEMBER Trustee or director | 2 | $0 |
| MARK SIMONSON | BOARD MEMBER Trustee or director | 2 | $0 |
| BROOKE THAYER | BOARD MEMBER Trustee or director | 2 | $0 |
| CRAIG ZARYBNICKY | BOARD MEMBER Trustee or director | 2 | $0 |
| BRITTANY PODANY | BOARD MEMBER Trustee or director | 2 | $0 |
| TREVOR CHADWICK | BOARD 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.
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 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
- 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
- Category (NTEE)
- Community improvement and capacity building (S200)
- Assets (IRS master file)
- $1,232,055
- Income (IRS master file)
- $1,221,926
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | -$5,613,657 | $244,997 | $1,232,055 | XML |
| 990 | December 2023 | $7,207,843 | $311,038 | $7,071,348 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-EZ | December 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.
Other nonprofits in BEATRICE
- GAGE AREA GROWTH ENTERPRISE EIN 45-5174295 · last filed 990 for 2024
- FRIENDS OF THE BEATRICE CEMETERY ASSOCIATION EIN 99-4577319 · last filed 990-N for 2025
- BLUE RIVER LOSS TEAM EIN 84-2813423 · last filed 990-N for 2025
- EVETS EIN 88-3567296 · last filed 990-N for 2024
- STAKE YOUR CLAIM FOUNDATION INC EIN 81-1819075 · last filed 990-N for 2024
- BEATRICE COMMUNITY HOSPITAL & HEALTH CENTER INC EIN 47-0379834 · last filed 990 for 2025
- BLUE VALLEY BEHAVIORAL HEALTH FOUNDATION OF GAGE COUNTY INC EIN 47-0528515 · last filed 990 for 2025
- MARY YOUNG MENS CHRISTIAN ASSOCIATION OF BEATRICE NE EIN 47-0415814 · last filed 990 for 2025
All nonprofits in BEATRICE · Nebraska · Community improvement and capacity building