Nonprofit · EIN 58-2052926
MAINSTREAM DEVELOPMENT CORPORATION
Tax-exempt · MUSCLE SHOALS, AL 35662
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $16,500 | $9,636 | $6,864 | $6,987 | $9,673 | -$2,686 |
| December 31, 2024 | 990-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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FREDDIE HOGAN | PRESIDENT AN | 0 | $0 |
990-EZ for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FREDDIE HOGAN | PRESIDENT AN | 0 | $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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $16,500 | $9,636 | $6,987 | IRS |
| 990-EZ | December 2024 | $4,000 | $11,285 | $752 | IRS |
| 990-EZ | December 2023 | $9,715 | $10,726 | $8,037 | IRS |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 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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