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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 56-1604321

MEBANE BUSINESS ASSOCIATION INC

Tax-exempt · MEBANE, NC 27302

Financials

$73K$68K2022$70K$75K2023$74K$70K2024
Revenue Expenses · by fiscal year end
Financials of MEBANE BUSINESS ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-EZ$73,549$70,418$3,131$46,803$2,250$44,553
June 30, 2024990-EZ$70,022$74,969-$4,947$41,421–$41,421
June 30, 2023990-EZ$72,882$67,901$4,981$46,368–$46,368
Financial details: 990-EZ for the year ended June 30, 2025

Revenue

Membership dues
$16,350
Investment income
$1,022
Net income from fundraising events
$56,177

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$20,400
Occupancy
$5,375
Other expenses
$44,643

Balance sheet and other

Total assets, start of year
$41,422
Total assets, end of year
$46,803
Total liabilities, end of year
$2,250
Net assets, end of year
$44,553
Cash, savings and investments
$46,803
Gross receipts
$148,237

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-EZ for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
VALERIE BEAUSOLEILPRESIDENT2$0
JASON TORGERSONVICE PRESIDE1$0
ASHLEY GOOCHSECRETARY1$0
JANET ICKESTREASURER2$0
WILL WALKERBOARD MEMBER1$0
NICOLE COCKERHAMBOARD MEMBER1$0
KATIE SMITHBOARD MEMBER1$0
ROB COUNTISSBOARD MEMBER1$0
CHRIS HILLBOARD MEMBER1$0
990-EZ for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensation
VALERIE BEAUSOLEILPRESIDENT2$0
JASON TORGERSONVICE PRESIDE1$0
ASHLEY GOOCHSECRETARY1$0
JANET ICKESTREASURER2$0
WILL WALKERBOARD MEMBER1$0
NICOLE COCKERHAMBOARD MEMBER1$0
KATIE SMITHBOARD MEMBER1$0
ROB COUNTISSBOARD MEMBER1$0
CHRIS HILLBOARD MEMBER1$0
990-EZ for the year ended June 30, 2023: 9 people
NameTitleHours / weekCompensation
VALERIE BEAUSOLEILPRESIDENT2$0
JASON TORGERSONVICE PRESIDE1$0
STEPHANIE WILLIAMSSECRETARY1$0
JANET ICKESTREASURER2$0
WILL WALKERBOARD MEMBER1$0
MAURICE BASSBOARD MEMBER1$0
KRISTIN HOWERTONBOARD MEMBER1$0
GRACE VANDEVISSERBOARD MEMBER1$0
CHRIS HILLBOARD MEMBER1$0

Address and contacts

Address (IRS master file)
201 N SECOND STREET - 5, MEBANE, NC 27302-2421
Signed the 990-EZ
JANET ICKES, TREASURER
Phone
(919) 304-3737
Return prepared by
JOE WRENN CPA PC

Mission

PROMOTE BUSINESS MEMBERS AND CONTRIBUTE TO THE LOCAL COMMUNITY.

990-EZ for the year ended June 30, 2025

Program accomplishments

  • THE ORGANIZATION CONTINUED TO PROMOTE THE MEMBER BUSINESSES THROUGH ADVERTISING AND NETWORKING. IT ALSO CONTINUED TO CONTRIBUTE TO THE LOCAL COMMUNITY WITH A COLLEGE SCHOLARSHIP, CONTRIBUTIONS TO LOCAL SCHOOLS, FOOD DRIVE SUPPORT, HOLIDAY CHEER, AND MANY OTHER CONTRIBUTIONS. IT HOSTED IT'S 37TH ANNUAL DOGWOOD FESTIVAL, WHICH IS IT'S BIGGEST FUNDRAISER.

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-EZ on file
2023June 30, 2024November 15, 2024990-EZ on file

File the 2025 990-EZ for MEBANE BUSINESS ASSOCIATION INC

Due November 16, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
56-1604321
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2007
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$46,803
Income (IRS master file)
$148,237

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZJune 2025$73,549$70,418$46,803IRS
990-EZJune 2024$70,022$74,969$41,421XML
990-EZJune 2023$72,882$67,901$46,368XML
990-EZJune 2022–––IRS
990-EZJune 2021–––IRS
990-EZJune 2020–––IRS
990-EZJune 2019–––IRS
990-EZJune 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 56-1604321).

Questions about MEBANE BUSINESS ASSOCIATION INC

What is the EIN of MEBANE BUSINESS ASSOCIATION INC?
The employer identification number (EIN) of MEBANE BUSINESS ASSOCIATION INC is 56-1604321.
Is MEBANE BUSINESS ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2007.
Are donations to MEBANE BUSINESS ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MEBANE BUSINESS ASSOCIATION 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 MEBANE BUSINESS ASSOCIATION INC 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 MEBANE BUSINESS ASSOCIATION INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
Who are the officers and directors of MEBANE BUSINESS ASSOCIATION INC?
The 990-EZ for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does MEBANE BUSINESS ASSOCIATION INC have?
On its 990-EZ for the year ended June 30, 2025 it reported revenue of $73,549, expenses of $70,418 and total assets of $46,803 at year end.

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