Nonprofit · EIN 85-0457146
CORRALES MAINSTREET INC
Tax-exempt · CORRALES, NM 87048
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $77,138 | $128,910 | -$51,772 | $222,595 | $23,700 | $198,895 |
| June 30, 2024 | 990-EZ | $104,769 | $103,221 | $1,548 | $274,367 | $23,700 | $250,667 |
| June 30, 2023 | 990-EZ | $128,398 | $95,015 | $33,383 | $279,320 | $30,201 | $249,119 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $18,200
- Program service revenue
- $36,250
- Investment income
- $52
- Net income from fundraising events
- $22,636
Expenses
- Grants and similar amounts paid
- $8,500
- Compensation of officers, directors and key employees
- $50,000
- Salaries, compensation and benefits (total)
- $79,601
- Professional fees and payments to contractors
- $766
- Other expenses
- $40,043
- Program services (functional)
- $58,540
Balance sheet and other
- Total assets, start of year
- $274,367
- Total assets, end of year
- $222,595
- Total liabilities, end of year
- $23,700
- Net assets, end of year
- $198,895
- Cash, savings and investments
- $221,357
- Gross receipts
- $131,574
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Angela Guiterrez | Executive Director | 40 | $50,000 |
| James Kruger | President | 12 | $0 |
| Evan Long | Vice President | 3 | $0 |
| Linda Parker | Treasurer | 4 | $0 |
| Maureen Cook | Board Member | 3 | $0 |
| Jeff Gauthier | Board Member | 2 | $0 |
| Valerie Burkett | Board Member | 2 | $0 |
| Sandy Rasmussen | Board Member | 4 | $0 |
| Lynn Martinez | Board Member | 4 | $0 |
| Bernadette Miera | Board Member | 2 | $0 |
| Janelle Boyle | Board Member | 2 | $0 |
| Betty Thompson | Board Member | 3 | $0 |
| Ashley King | Board Member | 2 | $0 |
990-EZ for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Angela Guiterrez | Executive Director | 40 | $53,198 |
| Sue Evatt | President | 8 | $0 |
| James Kruger | Vice President | 10 | $0 |
| Linda Parker | Treasurer | 3 | $0 |
| Maureen Cook | Secretary | 3 | $0 |
| Evan Long | Board Member | 3 | $0 |
| Valerie Burkett | Board Member | 2 | $0 |
| Sandy Rasmussen | Board Member | 4 | $0 |
| Cookie Emerson | Board Member | 3 | $0 |
| Bernadette Miera | Board Member | 2 | $0 |
| Sandy Farley | Board Member | 2 | $0 |
990-EZ for the year ended June 30, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Angela Guiterrez | Executive Director | 40 | $44,861 |
| Sue Evatt | President | 8 | $0 |
| James Kruger | Vice President | 10 | $0 |
| Linda Parker | Treasurer | 3 | $0 |
| Maureen Cook | Secretary | 3 | $0 |
| Evan Long | Board Member | 3 | $0 |
| Valerie Burkett | Board Member | 2 | $0 |
| Sandy Rasmussen | Board Member | 4 | $0 |
| Cookie Emerson | Board Member | 3 | $0 |
| Bernadette Miera | Board Member | 2 | $0 |
| Sandy Farley | Board Member | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1531, CORRALES, NM 87048-1531
- In care of
- % JAMES A KRUGER
- Signed the 990-EZ
- James Kruger, President
Mission
Develop and support community-based projects and strategies that enhance the Economic Vitality of the Village of Corrales while preserving its traditions way of life historic and agricultural roots. its
Program accomplishments
- Develop marketing materials demographic information surveys economic development activities to attract businesses to Corrales and create opportunities to expand economic activity for existing businesses.Expenses $15,285
- Organize and community-driven programs that are forward looking unifying inclusive community-minded and rooted in tradition.Expenses $17,905
- Continue activities and programs for completion of the establishment of an Arts & Culture District to include expanding Viva Corrales drafting and adoption of a Culture Plan and related activities to increase the financial activity of businesses that a part of the arts and cultural business sector.Expenses $25,350
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 85-0457146
- 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
- 2000
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $222,595
- Income (IRS master file)
- $131,574
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $77,138 | $128,910 | $222,595 | IRS |
| 990-EZ | June 2024 | $104,769 | $103,221 | $274,367 | IRS |
| 990-EZ | June 2023 | $128,398 | $95,015 | $279,320 | XML |
| 990-EZ | June 2022 | – | – | – | 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 85-0457146).
Questions about CORRALES MAINSTREET INC
- What is the EIN of CORRALES MAINSTREET INC?
- The employer identification number (EIN) of CORRALES MAINSTREET INC is 85-0457146.
- Is CORRALES MAINSTREET INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to CORRALES MAINSTREET INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CORRALES MAINSTREET 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 CORRALES MAINSTREET 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 CORRALES MAINSTREET 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 CORRALES MAINSTREET INC?
- The 990-EZ for the year ended June 30, 2025 lists 13 people; 1 received compensation from the organization, the highest $50,000 (Angela Guiterrez, Executive Director).
- How much revenue does CORRALES MAINSTREET INC have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $77,138, expenses of $128,910 and total assets of $222,595 at year end.
Other nonprofits in CORRALES
- PARKER CENTER FOR FAMILY BUSINESS EIN 20-3743635 · last filed 990-EZ for 2025
- RIO PUERCO RANGELAND TRUST INC EIN 46-3751527 · last filed 990-N for 2025
- COTTONWOOD MONTESSORI SCHOOL EIN 85-0430238 · last filed 990 for 2025
- S Q FAMILY FOUNDATION EIN 82-4405510 · last filed 990-PF for 2025
- QUIET LIGHT FOUNDATION EIN 99-4213400 · last filed 990-PF for 2025
- HORSES FOR HEALING EIN 46-3396794 · last filed 990 for 2024
- CORRALES FRIENDS OF ANIMALS FOUNDATION EIN 47-4300822 · last filed 990-PF for 2025
- SOUTHWEST ANIMAL RESCUE FUND INC EIN 46-1656405 · last filed 990 for 2025
All nonprofits in CORRALES · New Mexico · Community improvement and capacity building