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Nonprofit · EIN 58-2052926

MAINSTREAM DEVELOPMENT CORPORATION

Tax-exempt · MUSCLE SHOALS, AL 35662

Financials

$4K$11K2024$17K$10K2025
Revenue Expenses · by fiscal year end
Financials of MAINSTREAM DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$16,500$9,636$6,864$6,987$9,673-$2,686
December 31, 2024990-EZ$4,000$11,285-$7,285$752$10,302-$9,550
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$16,500

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$500
Occupancy
$839
Printing, publications and postage
$192
Other expenses
$8,105
Program services (functional)
$9,636

Balance sheet and other

Total assets, start of year
$752
Total assets, end of year
$6,987
Total liabilities, end of year
$9,673
Net assets, end of year
-$2,686
Cash, savings and investments
$6,987
Gross receipts
$16,500

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
FREDDIE HOGANPRESIDENT AN0$0
990-EZ for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
FREDDIE HOGANPRESIDENT AN0$0

Address and contacts

Address (IRS master file)
PO BOX 2058, MUSCLE SHOALS, AL 35662-2058
In care of
% JOHN B COLE
Signed the 990-EZ
FREDDIE HOGAN, PRESIDENT AND DIRECT
Phone
(256) 381-3826
Return prepared by
PATTERSON PRINCE AND ASSOCIATES PC

Mission

TO PROVIDE SMALL BUSINESS TECHNICAL ASSISTANCE, MARKETING/ADVERTISING ASSISTANCE AND CAPITAL FORMATION REFERRAL SERVICES TO SMALL MINORITY BUSINESS IN SERVICE AREA.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • PROJECTS WILL PROVIDE BUSINESS TECHNICAL ASSISTANCE DESIGNED TO GROW AND RETAIN SMALL AND MINORITY BUSINESSES IN THE NORTHWEST ALABAMA REGION. HELD QUARTERLY BUSINESS DEVELOPMENT WORKSHOPS FOR SMALL BUSINESS OWNERS TO HELP THEM COMPLETE SUCCESSION PLANS AND ASSIST WITH GENERATIONAL TRANSFER OF THEIR BUSINESSES IN ORDER TO RETAIN EXISTING JOBS.
    Expenses $9,636
  • ADECA GRANT TO FUND SOLICIATION PROGRAM FOR NORTHWEST ALABAMA BUSINESS DIVERSITY DEVELOPMENT & SUSTAINABILITY PROJECTS.

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
58-2052926
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
1993
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Human services (P28Z)
Assets (IRS master file)
$6,987
Income (IRS master file)
$16,500

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$16,500$9,636$6,987IRS
990-EZDecember 2024$4,000$11,285$752IRS
990-EZDecember 2023$9,715$10,726$8,037IRS
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 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 58-2052926).

Questions about MAINSTREAM DEVELOPMENT CORPORATION

What is the EIN of MAINSTREAM DEVELOPMENT CORPORATION?
The employer identification number (EIN) of MAINSTREAM DEVELOPMENT CORPORATION is 58-2052926.
Is MAINSTREAM DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to MAINSTREAM DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MAINSTREAM DEVELOPMENT CORPORATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of MAINSTREAM DEVELOPMENT CORPORATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MAINSTREAM DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of MAINSTREAM DEVELOPMENT CORPORATION?
The 990-EZ for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
How much revenue does MAINSTREAM DEVELOPMENT CORPORATION have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $16,500, expenses of $9,636 and total assets of $6,987 at year end.

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