Nonprofit · EIN 85-0464302
CARLSBAD MAINSTREET PROJECT INC
Tax-exempt · CARLSBAD, NM 88221
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $568,458 | $426,584 | $141,874 | $636,291 | $2,639 | $633,652 |
| December 31, 2024 | 990 | $337,793 | $295,055 | $42,738 | $341,439 | $2,154 | $339,285 |
| December 31, 2023 | 990 | $288,535 | $299,800 | -$11,265 | $299,002 | $2,455 | $296,547 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $34,142
- Program service revenue
- $225,417
- Investment income
- $6,621
- Net income from fundraising events
- $302,278
- Other revenue
- $302,278
Expenses
- Grants and similar amounts paid
- $15,500
- Benefits paid to members
- $833
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $118,503
- Salaries, compensation and benefits (total)
- $130,931
- Professional fundraising fees
- $0
- Accounting fees
- $7,583
- Occupancy
- $25,738
- Depreciation
- $1,440
- Program services (functional)
- $233,102
- Management and general (functional)
- $96,745
- Fundraising (functional)
- $96,737
Balance sheet and other
- Total assets, start of year
- $341,439
- Total assets, end of year
- $636,291
- Total liabilities, end of year
- $2,639
- Net assets, end of year
- $633,652
- Land, buildings and equipment
- $5,758
- Net assets without donor restrictions
- $633,652
- Gross receipts
- $920,307
- Employees
- 0
- Year formed
- 1996
- State of legal domicile
- NM
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 |
|---|---|---|---|
| Mary Garwood | President Officer | 1 | $0 |
| Ashley Switzer | Treasurer Officer | 1 | $0 |
| Nick Walker | Secretary Officer | 1 | $0 |
| Denise Greene | Executive Dir. Officer | 40 | $0 |
| Kelan Neatherlin | Vice President Officer | 1 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kathleen Davis | Executive Dir. Officer | 40 | $61,576 |
| Damian Capello | President Officer | 1 | $0 |
| Mary Garwood | Vice President Officer | 1 | $0 |
| Ashley Switzer | Treasurer Officer | 1 | $0 |
| Nick Walker | Secretary Officer | 1 | $0 |
990 for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATHLEEN DAVIS | EXECUTIVE DIRECTOR Officer | 40 | $57,750 |
| SUSAN CROCKETT | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DAMIAN CAPELLO | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| MARY GARWOOD | SECRETARY Trustee or director, Officer | 1 | $0 |
| ASHLEY SWITZER | TREASURER Trustee or director, Officer | 1 | $0 |
| JASON SHIRLEY | BOARD OF DIRECTORS Trustee or director | 1 | $0 |
| MIKE HERNANDEZ | BOARD OF DIRECTORS Trustee or director | 1 | $0 |
| LAWANDA SCHOLL | BOARD OF DIRECTORS Trustee or director | 1 | $0 |
| DANELLE MORILL | BOARD OF DIRECTORS Trustee or director | 1 | $0 |
| JOHNNY ANGELIS | BOARD OF DIRECTORS Trustee or director | 1 | $0 |
| JEFF FORREST | BOARD OF DIRECTORS Trustee or director | 1 | $0 |
| CATHIE HEAD | BOARD OF DIRECTORS Trustee or director | 1 | $0 |
| GARY PERKOWSKI | BOARD OF DIRECTORS Trustee or director | 1 | $0 |
| CALEB CUNNINGHAM | BOARD OF DIRECTORS Trustee or director | 1 | $0 |
| EKTA BHAKTA | BOARD OF DIRECTORS Trustee or director | 1 | $0 |
| DALE JANWAY | EX-OFFICIO Trustee or director | 1 | $0 |
| JOHN LOWE | EX-OFFICIO Trustee or director | 1 | $0 |
| TED CORDOVA | EX-OFFICIO Trustee or director | 1 | $0 |
| SARAH CORDOVA | EX-OFFICIO Trustee or director | 1 | $0 |
| TRENT MOORE | EX-OFFICIO Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 302, CARLSBAD, NM 88221-0302
- In care of
- % MELISSA SUGGS
- Principal officer (990 for 2025)
- Mary Garwood, PO Box 302, Carlsbad, NM 88221
- Signed the 990
- Mary Garwood, President
- Phone
- (575) 628-3768
- Return prepared by
- CAVERN CITY TAX & ACCOUNTING LLC
Mission
To Strengthen the Mainstreet District as the Center of our Community through Concentrated Efforts in Organization, Promotion, Design, and Economic Restructuring.
Program accomplishments
- Promotion, Revitalization and Preservation of Downtown Carlsbad, New Mexico Including Streetscape Enhancements, Murals, Christmas Lights, Etc.Expenses $233,102 · grants $225,417 · revenue $302,278
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 | Check at the IRS |
| 2023 | June 30, 2024 | November 15, 2024 | Check at the IRS |
IRS record
- EIN
- 85-0464302
- 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
- 2002
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C50)
- Assets (IRS master file)
- $636,291
- Income (IRS master file)
- $920,307
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $568,458 | $426,584 | $636,291 | XML |
| 990 | December 2024 | $337,793 | $295,055 | $341,439 | IRS |
| 990 | December 2023 | $288,535 | $299,800 | $299,002 | XML |
| 990 | December 2022 | $375,938 | $320,700 | $315,846 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | 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 85-0464302).
Questions about CARLSBAD MAINSTREET PROJECT INC
- What is the EIN of CARLSBAD MAINSTREET PROJECT INC?
- The employer identification number (EIN) of CARLSBAD MAINSTREET PROJECT INC is 85-0464302.
- Is CARLSBAD MAINSTREET PROJECT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to CARLSBAD MAINSTREET PROJECT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CARLSBAD MAINSTREET PROJECT 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 CARLSBAD MAINSTREET PROJECT 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 CARLSBAD MAINSTREET PROJECT INC 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 CARLSBAD MAINSTREET PROJECT INC?
- The 990 for the year ended December 31, 2025 names Mary Garwood.
- Who are the officers and directors of CARLSBAD MAINSTREET PROJECT INC?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does CARLSBAD MAINSTREET PROJECT INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $568,458, expenses of $426,584 and total assets of $636,291 at year end.
Other nonprofits in CARLSBAD
- NEW MEXICO ASSOCIATION OF SOIL AND WATER CONSERVATION DISTRICTS EIN 85-0411367 · last filed 990 for 2025
- CARLSBAD HORTICULTURAL SOCIETY EIN 85-0262207 · last filed 990-EZ for 2024
- NEW MEXICO VEGETATION MANAGEMENTASSOCIATION EIN 20-5779413 · last filed 990-N for 2025
- GODS LIGHT IN THE DARKNESS FOUNDATION EIN 83-1057698 · last filed 990-PF for 2024
- LAKEVIEW CHRISTIAN HOME OF THE SOUTHWEST INC EIN 85-0160614 · last filed 990 for 2025
- CARC INC EIN 85-0197103 · last filed 990 for 2025
- CENTER FOR ENVIRONMENTAL HEALTH MONITORING AND MANAGEMENT EIN 90-0171217 · last filed 990 for 2025
- SOUTHEAST NM COMMUNITY ACTION CORPORATION EIN 85-0196493 · last filed 990 for 2025