Nonprofit · EIN 64-0884475
NEW ALBANY MAIN STREET ASSOCIATION
Tax-exempt · NEW ALBANY, MS 38652
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $190,846 | $283,566 | -$92,720 | $397,663 | $7,257 | $390,406 |
| December 31, 2024 | 990 | $258,304 | $179,615 | $78,689 | $488,179 | $5,053 | $483,126 |
| December 31, 2023 | 990 | $242,979 | $140,338 | $102,641 | $411,372 | $6,935 | $404,437 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $147,456
- of which government grants
- $77,779
- Membership dues
- $38,303
- Program service revenue
- $0
- Investment income
- $13,852
- Net income from fundraising events
- $29,538
- Other revenue
- $29,538
Expenses
- Grants and similar amounts paid
- $3,200
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $5,000
- Salaries, compensation and benefits (total)
- $5,191
- Professional fundraising fees
- $0
- Occupancy
- $5,004
- Travel
- $9,033
- Depreciation
- $4,062
- Program services (functional)
- $255,466
- Management and general (functional)
- $28,100
Balance sheet and other
- Total assets, start of year
- $488,179
- Total assets, end of year
- $397,663
- Total liabilities, end of year
- $7,257
- Net assets, end of year
- $390,406
- Land, buildings and equipment
- $10,862
- Net assets without donor restrictions
- $333,847
- Net assets with donor restrictions
- $56,559
- Gross receipts
- $247,741
- Employees
- 2
- Year formed
- 1996
- State of legal domicile
- MS
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Bob Spencer | President Trustee or director, Officer | 0 | $0 |
| Chris Pugh | Board Member Trustee or director | 0 | $0 |
| Rachel Ray | Board member Trustee or director | 0 | $0 |
| Nancy Kidd | Secretary Trustee or director, Officer | 0 | $0 |
| C J Bright | Board Member Trustee or director | 0 | $0 |
| Billy Wiseman | Director Trustee or director | 0 | $0 |
| Keith Conlee | Board Member Trustee or director | 0 | $0 |
| Colt Doom | Vice President Trustee or director, Officer | 0 | $0 |
| Michael Brown | Board Member Trustee or director | 0 | $0 |
| Billye Jean Stroud | Manager Trustee or director | 40 | $0 |
990 for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Bob Spencer | President Trustee or director, Officer | 0 | $0 |
| Chris Pugh | Board Member Trustee or director | 0 | $0 |
| Rachel Ray | Board member Trustee or director | 0 | $0 |
| Nancy Kidd | Secretary Trustee or director, Officer | 0 | $0 |
| C J Bright | Board Member Trustee or director | 0 | $0 |
| Billy Wiseman | Director Trustee or director | 0 | $0 |
| Keith Conlee | Board Member Trustee or director | 0 | $0 |
| Colt Doom | Vice President Trustee or director, Officer | 0 | $0 |
| Michael Brown | Board Member Trustee or director | 0 | $0 |
| Billye Jean Stroud | Manager Trustee or director | 40 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Bob Spencer | President Trustee or director, Officer | 0 | $0 |
| Chris Pugh | Board Member Trustee or director | 0 | $0 |
| Rachel Ray | Board member Trustee or director | 0 | $0 |
| Nancy Kidd | Secretary Trustee or director, Officer | 0 | $0 |
| C J Bright | Board Member Trustee or director | 0 | $0 |
| Billy Wiseman | Director Trustee or director | 0 | $0 |
| Keith Conlee | Board Member Trustee or director | 0 | $0 |
| Colt Doom | Vice President Trustee or director, Officer | 0 | $0 |
| Michael Brown | Board Member Trustee or director | 0 | $0 |
| Billye Jean Stroud | Manager Trustee or director | 40 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 125, NEW ALBANY, MS 38652-0125
- In care of
- % LEE NORRIS
- Principal officer (990 for 2025)
- Billye Jean Stroud, 135 E Bankhead ST, New Albany, MS 386523933
- Signed the 990
- Billye Jean Stroud, Manager
- Phone
- (662) 534-3438
- Website
- www.newalbanymainstreet.com
- Return prepared by
- JACKSON AND CREIGHTON PA
Mission
To promote the economic welfare of New Albany, MS.
Program accomplishments
- To promote the economic welfare of New Albany, MS.Expenses $255,466 · grants $3,200 · revenue $190,846
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 | 990 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
- 64-0884475
- 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)
- $397,663
- Income (IRS master file)
- $247,741
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $190,846 | $283,566 | $397,663 | IRS |
| 990 | December 2024 | $258,304 | $179,615 | $488,179 | XML |
| 990 | December 2023 | $242,979 | $140,338 | $411,372 | XML |
| 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 64-0884475).
Questions about NEW ALBANY MAIN STREET ASSOCIATION
- What is the EIN of NEW ALBANY MAIN STREET ASSOCIATION?
- The employer identification number (EIN) of NEW ALBANY MAIN STREET ASSOCIATION is 64-0884475.
- Is NEW ALBANY MAIN STREET ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to NEW ALBANY MAIN STREET ASSOCIATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW ALBANY MAIN STREET ASSOCIATION 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 ALBANY MAIN STREET ASSOCIATION 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 NEW ALBANY MAIN STREET ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NEW ALBANY MAIN STREET ASSOCIATION?
- The 990 for the year ended December 31, 2025 names Billye Jean Stroud.
- Who are the officers and directors of NEW ALBANY MAIN STREET ASSOCIATION?
- The 990 for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does NEW ALBANY MAIN STREET ASSOCIATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $190,846, expenses of $283,566 and total assets of $397,663 at year end.
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All nonprofits in NEW ALBANY · Mississippi · Community improvement and capacity building