Nonprofit · EIN 47-2371890
NEW CASTLE MAIN STREET INC
Tax-exempt · NEW CASTLE, IN 47362
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $526,599 | $488,451 | $38,148 | $47,719 | $3,235 | $44,484 |
| December 31, 2023 | 990 | $412,257 | $536,249 | -$123,992 | $10,023 | $3,687 | $6,336 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $526,599
- of which government grants
- $265,585
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $240,513
- Compensation of officers, directors and key employees
- $40,615
- Other salaries and wages
- $29,955
- Salaries, compensation and benefits (total)
- $75,665
- Professional fundraising fees
- $0
- Legal fees
- $2,707
- Occupancy
- $1,609
- Travel
- $1,273
- Program services (functional)
- $473,078
- Management and general (functional)
- $15,373
Balance sheet and other
- Total assets, start of year
- $10,023
- Total assets, end of year
- $47,719
- Total liabilities, end of year
- $3,235
- Net assets, end of year
- $44,484
- Net assets without donor restrictions
- $44,484
- Gross receipts
- $526,599
- Employees
- 2
- Volunteers
- 12
- Year formed
- 2015
- State of legal domicile
- IN
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 |
|---|---|---|---|
| EMILY HURST | EXECUTIVE DIRECTOR Trustee or director | 30 | $38,437 |
| CARRIE BARRETT | PAST DIRECTOR Former | 30 | $29,538 |
| ED HILL | PRESIDENT Officer | 1 | $0 |
| AMY GLASSER | VICE PRESIDENT Officer | 1 | $0 |
| COREY MURPHY | TREASURER Officer | 1 | $0 |
| KERRY SMITH BUCK | SECRETARY Officer | 1 | $0 |
| DAVE ABRAMS | MEMBER Trustee or director | 1 | $0 |
| CINDY BROOKS | MEMBER Trustee or director | 1 | $0 |
| BASH CRIDER | MEMBER Trustee or director | 1 | $0 |
| SCOTT FROST | MEMBER Trustee or director | 1 | $0 |
| DUKE HAMM | MEMBER Trustee or director | 1 | $0 |
| CARA HUFFMAN | MEMBER Trustee or director | 1 | $0 |
| SHONDA KANE | MEMBER Trustee or director | 1 | $0 |
| TERRILL MCCALL | MEMBER Trustee or director | 1 | $0 |
| SUSAN FALCK-NEAL | MEMBER Trustee or director | 1 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MAUDELINE NEWELL | MEMBER Trustee or director | 1 | $0 |
| REX PECKINPAUGH | MEMBER Trustee or director | 1 | $0 |
| DUSTIN VINCENT | MEMBER Trustee or director | 1 | $0 |
| VICTORIA YORK | MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CARRIE BARRETT | PAST DIRECTOR Former | 30 | $36,923 |
| EMILY HURST | CURRECT DIRECTOR Trustee or director | 30 | $27,704 |
| DUKE HAMM | PRESIDENT Officer | 1 | $0 |
| ED HILL | VICE PRESIDENT Officer | 1 | $0 |
| COREY MURPHY | TREASURER Officer | 1 | $0 |
| JEANNIE FOX | SECRETARY Officer | 1 | $0 |
| NATHAN BENNETT | MEMBER Trustee or director | 1 | $0 |
| SHONDA KANE | MEMBER Trustee or director | 1 | $0 |
| KERRY SMITH-BUCK | MEMBER Trustee or director | 1 | $0 |
| DUSTIN VINCENT | MEMBER Trustee or director | 1 | $0 |
| VICKIE BERTRAM | MEMBER Trustee or director | 1 | $0 |
| TERRY MCCALL | MEMBER Trustee or director | 1 | $0 |
| SCOTT FROST | MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 100 S MAIN STREET SUITE 102, NEW CASTLE, IN 47362-4226
- In care of
- % CARRIE BARRETT
- Mailing address (990-N for 2020)
- 227 North Main Street, New Castle IN 47362
- Principal officer (990 for 2024)
- EMILY HURST, 100 S MAIN ST, NEW CASTLE, IN 47362
- Principal officer (990-N for 2020)
- Carrie Barrett, 227 North Main Street, New Castle IN 47362
- Signed the 990
- EMILY HURST, DIRECTOR
- Phone
- (765) 465-3703
- Website
- newcastledowntown.com
- Return prepared by
- WENDY S PADGETT CPA INC
Mission
DEDICATED TO RENEWING, GROWING AND PROMOTING DOWNTOWN NEW CASTLE BY STIMULATING ECONOMIC GROWTH AND FOSTERING COMMUNITY PRIDE WHILE PRSERVING OUR UNIQUE HISTORY.
Program accomplishments
- BUILDING RENNOVATION ASSISTANCE PROGRAM PROGRAM TO HELP DOWNTOWN BUSINESSES RENOVATE THEIR BUILDING TO BETTER DOWNTOWN.Expenses $240,513 · grants $240,513 · revenue $240,585
- HCH HOST EVENTS FOR LOCAL HOSPITAL USING COMMUNITY RESOURCESExpenses $48,967 · revenue $106,812
- FORTH FRIDAYS MONTHLY EVENT HELD IN DOWNTOWN NEW CASTLE TO SPOTLIGHT AREA BUSINESS AND BRING THE COMMUNITY TO THE AREA. EVENTS INCLUDE MUSIC, ART, AND FOOD.Expenses $15,147 · revenue $4,900
- OTHER COMMUNITY SERVICESExpenses $168,451 · revenue $174,302
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
- 47-2371890
- 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
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S99)
- Assets (IRS master file)
- $47,719
- Income (IRS master file)
- $526,599
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $526,599 | $488,451 | $47,719 | XML |
| 990 | December 2023 | $412,257 | $536,249 | $10,023 | XML |
| 990 | December 2022 | $338,976 | $229,477 | $130,045 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Carrie Barrett | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2018 Officer: Carrie Barrett | December 31, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
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 47-2371890).
Questions about NEW CASTLE MAIN STREET INC
- What is the EIN of NEW CASTLE MAIN STREET INC?
- The employer identification number (EIN) of NEW CASTLE MAIN STREET INC is 47-2371890.
- Is NEW CASTLE MAIN STREET INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to NEW CASTLE MAIN STREET INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW CASTLE MAIN STREET 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 NEW CASTLE MAIN STREET 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 NEW CASTLE MAIN STREET 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 NEW CASTLE MAIN STREET INC?
- The 990 for the year ended December 31, 2024 names EMILY HURST.
- Who are the officers and directors of NEW CASTLE MAIN STREET INC?
- The 990 for the year ended December 31, 2024 lists 19 people; 2 received compensation from the organization, the highest $38,437 (EMILY HURST, EXECUTIVE DIRECTOR).
- How much revenue does NEW CASTLE MAIN STREET INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $526,599, expenses of $488,451 and total assets of $47,719 at year end.
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