Nonprofit · EIN 71-0683066
MAIN STREET TEXARKANA
Tax-exempt · TEXARKANA, TX 75504
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $229,139 | $209,375 | $19,764 | $350,081 | $1,604 | $348,477 |
| December 31, 2023 | 990 | $250,201 | $250,844 | -$643 | $331,249 | $2,536 | $328,713 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $222,337
- of which government grants
- $89,545
- Membership dues
- $20,975
- Program service revenue
- $0
- Investment income
- $0
- Net income from fundraising events
- $8,275
- Net income from sales of inventory
- -$1,473
- Other revenue
- $6,802
Expenses
- Grants and similar amounts paid
- $22,107
- Compensation of officers, directors and key employees
- $75,241
- Salaries, compensation and benefits (total)
- $80,997
- Professional fundraising fees
- $0
- Accounting fees
- $7,075
- Occupancy
- $6,300
- Depreciation
- $364
- Program services (functional)
- $153,029
- Management and general (functional)
- $56,346
Balance sheet and other
- Total assets, start of year
- $331,249
- Total assets, end of year
- $350,081
- Total liabilities, end of year
- $1,604
- Net assets, end of year
- $348,477
- Land, buildings and equipment
- $190
- Net assets without donor restrictions
- $348,477
- Gross receipts
- $256,686
- Employees
- 3
- Year formed
- 2005
- State of legal domicile
- TX
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 |
|---|---|---|---|
| INA M MCDOWELL | Executive Dir. Trustee or director, Officer | 40 | $60,320 |
| PHILIP MOBLEY | OFFICER Officer | 2 | $0 |
| STEVE THOMPSON | Treasurer Officer | 2 | $0 |
| DR BRIAN MATTHEWS | President Officer | 2 | $0 |
| VIRGINIA TRAMMELL | OFFICER Officer | 2 | $0 |
| KATHY BOYLES | OFFICER Officer | 2 | $0 |
| JASON WILLIAMS | Vice President Officer | 2 | $0 |
| APRIL JONES | OFFICER Officer | 2 | $0 |
| RASHINDA HAMPTON | OFFICER Officer | 2 | $0 |
| LEANDREA LARRY | OFFICER Officer | 2 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| INA M MCDOWELL | Executive Dir. Trustee or director, Officer | 40 | $58,000 |
| PHILIP MOBLEY | OFFICER Officer | 2 | $0 |
| DR BEVERLY ROWE | OFFICER Officer | 2 | $0 |
| STEVE THOMPSON | Treasurer Officer | 2 | $0 |
| JAMES BRIGHT | President Officer | 2 | $0 |
| JON SHEPARD | OFFICER Officer | 2 | $0 |
| DR BRIAN BARRY | OFFICER Officer | 2 | $0 |
| JACOB HILL | Vice President Officer | 2 | $0 |
| DR BRIAN MATTHEWS | OFFICER Officer | 2 | $0 |
| VIRGINIA TRAMMELL | OFFICER Officer | 2 | $0 |
| KATHY BOYLES | OFFICER Officer | 2 | $0 |
| SCOTT FELPS | OFFICER Officer | 2 | $0 |
| JASON WILLIAMS | OFFICER Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 631, TEXARKANA, TX 75504-0631
- Principal officer (990 for 2024)
- INA M MCDOWELL, PO BOX 631, TEXARKANA, TX 755040631
- Signed the 990
- INA M MCDOWELL, Executive Dir.
- Phone
- (903) 792-7191
- Website
- WWW.MAINSTREETTEXARKANA.ORG
- Return prepared by
- DOWD & COMPANY PLLC CPAS
Mission
PRESERVE DOWNTOWN AREA AS AN ECONOMICAL AND COMMERCIAL CENTER BY BRINGING CULTURE AND BUSINESS ENTERPRISES TO THE AREA.
Program accomplishments
- PRESERVE DOWNTOWN AREA AS AN ECONOMICAL AND COMMERCIAL CENTER BY BRINGING CULTURE AND BUSINESS ENTERPRISES TO THE AREA.Expenses $65,637 · revenue $11,000
- CITY GUIDE PUBLICATION TO PROMOTE TOURISMExpenses $60,228 · revenue $45,625
- DOWNTOWN HOLIDAY & FESTIVAL PROMOTIONSExpenses $27,164 · revenue $15,800
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
- 71-0683066
- 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
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41Z)
- Assets (IRS master file)
- $350,081
- Income (IRS master file)
- $256,686
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $229,139 | $209,375 | $350,081 | XML |
| 990 | December 2023 | $250,201 | $250,844 | $331,249 | XML |
| 990 | December 2022 | $214,874 | $187,535 | $330,642 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | 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 71-0683066).
Questions about MAIN STREET TEXARKANA
- What is the EIN of MAIN STREET TEXARKANA?
- The employer identification number (EIN) of MAIN STREET TEXARKANA is 71-0683066.
- Is MAIN STREET TEXARKANA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to MAIN STREET TEXARKANA tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MAIN STREET TEXARKANA 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 MAIN STREET TEXARKANA 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 MAIN STREET TEXARKANA 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 MAIN STREET TEXARKANA?
- The 990 for the year ended December 31, 2024 names INA M MCDOWELL.
- Who are the officers and directors of MAIN STREET TEXARKANA?
- The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $60,320 (INA M MCDOWELL, Executive Dir.).
- How much revenue does MAIN STREET TEXARKANA have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $229,139, expenses of $209,375 and total assets of $350,081 at year end.
Other nonprofits in TEXARKANA
- AR-TX REDI EIN 83-0517428 · last filed 990 for 2025
- NORTH EAST TEXAS ECONOMIC DEVELOPMENT DISTRICT INC EIN 75-1251870 · last filed 990 for 2025
- TEXARKANA REGIONAL CHAMBER OF COMMERCE FOUNDATION EIN 84-3306712 · last filed 990-EZ for 2025
- BOWIE CO MED SOC & MILLER CO MED SO EIN 75-1421878 · last filed 990-N for 2025
- BRIDGING THE GAPS OF TEXAS EIN 32-0460967 · last filed 990-N for 2025
- GIFTS AND TALENTS CAREER FUND EIN 99-4157514 · last filed 990-N for 2024
- ROYAL DISTINCTION EIN 99-3491067 · last filed 990-N for 2024
- ATCOG HOLDING COMPANY EIN 81-3542709 · last filed 990-N for 2024
All nonprofits in TEXARKANA · Texas · Community improvement and capacity building