Nonprofit · EIN 86-2608861
MARKET SQUARE PARK LLC
Tax-exempt · PORTSMOUTH, OH 45662
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $334,835 | $61,201 | $273,634 | $635,411 | $0 | $635,411 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $332,570
- of which government grants
- $132,300
- Program service revenue
- $0
- Investment income
- $0
- Net rental income
- $2,265
- Other revenue
- $2,265
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,485
- Accounting fees
- $483
- Occupancy
- $8,569
- Depreciation
- $7,259
- Program services (functional)
- $58,966
- Management and general (functional)
- $2,235
Balance sheet and other
- Total assets, start of year
- $361,777
- Total assets, end of year
- $635,411
- Total liabilities, end of year
- $0
- Net assets, end of year
- $635,411
- Land, buildings and equipment
- $357,200
- Net assets without donor restrictions
- $635,411
- Gross receipts
- $334,835
- Employees
- 0
- Year formed
- 2011
- State of legal domicile
- OH
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 |
|---|---|---|---|
| Kelly Raies | Member Trustee or director | 1 | $0 |
| Reece Brown | Board Member Trustee or director | 1 | $0 |
| Craig DeAtley | Board Member Trustee or director | 1 | $0 |
| Jeff Hamilton | Board Member Trustee or director | 1 | $0 |
| Holly Hempill | Board Member Trustee or director | 1 | $0 |
| Terry Horner | Board Member Trustee or director | 1 | $0 |
| Michael Raies | President Trustee or director, Officer | 1 | $0 |
| W Scott Craig | Secretary Officer | 1 | $0 |
| Forest T Kayser | Treasurer Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1915 SCIOTO TRAIL, PORTSMOUTH, OH 45662-2874
- In care of
- % MICHAEL RAIES
- Mailing address (990-N for 2021)
- 1915 Scioto Trail, Portsmouth OH 45662
- Principal officer (990-N for 2021)
- Michael Raies, 1915 Scioto Trail, Portsmouth OH 45662
- Signed the 990
- MICHAEL RAIES, President
- Phone
- (740) 821-7874
- Return prepared by
- Millhuff Stang CPA Inc
Mission
Market Street commercial revitalization
Program accomplishments
- Create a multi-use park that will serve all residents of Scioto county and the surrounding area.Expenses $58,966
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
- 86-2608861
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $635,411
- Income (IRS master file)
- $334,835
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $322,706 | $42,712 | $361,777 | IRS |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-N for 2021 Officer: Michael Raies | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about MARKET SQUARE PARK LLC
- What is the EIN of MARKET SQUARE PARK LLC?
- The employer identification number (EIN) of MARKET SQUARE PARK LLC is 86-2608861.
- Is MARKET SQUARE PARK LLC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to MARKET SQUARE PARK LLC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MARKET SQUARE PARK LLC 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 MARKET SQUARE PARK LLC 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 MARKET SQUARE PARK LLC 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 MARKET SQUARE PARK LLC?
- The 990-N for 2021 names Michael Raies.
- Who are the officers and directors of MARKET SQUARE PARK LLC?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does MARKET SQUARE PARK LLC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $334,835, expenses of $61,201 and total assets of $635,411 at year end.
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