Nonprofit · EIN 87-1902977
DOWNTOWN ELGIN
Tax-exempt · ELGIN, TX 78621
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $8,403 | $9,561 | -$1,158 | $18,711 | – | $18,711 |
| December 31, 2024 | 990-EZ | $14,745 | $6,100 | $8,645 | $19,869 | – | $19,869 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $977
- Investment income
- $6
- Net income from fundraising events
- $7,420
Expenses
- Grants and similar amounts paid
- $7,700
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $1,600
- Other expenses
- $261
- Program services (functional)
- $1,007
Balance sheet and other
- Total assets, start of year
- $19,869
- Total assets, end of year
- $18,711
- Total liabilities, end of year
- –
- Net assets, end of year
- $18,711
- Cash, savings and investments
- $18,711
- Gross receipts
- $9,410
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THERESA MCSHAN | DIRECTOR | 15 | $0 |
| NOBLE SMITH | DIRECTOR | 15 | $0 |
| AMY MILLER | DIRECTOR | 15 | $0 |
| ED RIVERS | DIRECTOR | 15 | $0 |
| DOROTHY MCARTHER | DIRECTOR | 15 | $0 |
| VALERIE NEIDIG | DIRECTOR | 15 | $0 |
990-EZ for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THERESA MCSHAN | DIRECTOR | 15 | $0 |
| AMY MILLER | DIRECTOR | 15 | $0 |
| ED RIVERS | DIRECTOR | 15 | $0 |
| STACEY GRUETZNER WILHITE | DIRECTOR | 15 | $0 |
| JAKE CARTER | DIRECTOR | 15 | $0 |
| KRISTA MARX | DIRECTOR | 15 | $0 |
| DOROTHY MCARTHER | DIRECTOR | 15 | $0 |
Address and contacts
- Address (IRS master file)
- 501 S MAIN ST, ELGIN, TX 78621-3335
- Mailing address (990-N for 2023)
- 501 S MAIN ST, ELGIN TX 78621
- Principal officer (990-N for 2023)
- Theresa McShan, 501 S MAIN ST, ELGIN TX 78621
- Signed the 990-EZ
- THERESA MCSHAN, PRESIDENT
- Phone
- (512) 350-3861
- Website
- DOWNTOWNELGIN.COM
- Return prepared by
- LONG BOOKKEEPING SOLUTIONS
Mission
THE CORPORATION IS ORGANIZED FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE OF 1986 (THE CODE), AND THE TEXAS TAX CODE, SECTION 11.18. IN PARTICULAR THE CORPORATION SHALL OPERATE AS AN ORGANIZATIO IN SUPPORT OFFUND RAISING FOR THE HISTORIC PRESERVATION, REVITALIZATION AND DEVELOPMENT OF DOWNTOWN ELGIN THROUGH THE NATIONAL MAIN STREET FOUR POINT APPROACH SUPPORTING RESPONSIBLE REPURPOSING OF HISTORIC STRUCTURES, NEW CONSTRUCTION THAT SUPPORTS MIXED USE DEVELOPMENT, EVENTS, PROGRAMMING AND MARKETING FOR THE DOWNTOWN AREA.
Program accomplishments
- ELGIN ARTS ASSOCIATION DONATION FOR THE PURPOSE OF REVITALIZATION THROUGH SUPPORTING PUBLIC EVENTSgrants $2,500
- DONATION TO THE CITY OF ELGIN FOR FULFILLMENT OF OUR PROGRAM SERVICE ACCOMPLISHMENTS BY SUPPORTING THE CITY S YEARLY HOGEYE FESTIVALExpenses $1,007 · grants $5,000
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 87-1902977
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S12)
- Assets (IRS master file)
- $18,711
- Income (IRS master file)
- $9,410
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $8,403 | $9,561 | $18,711 | XML |
| 990-EZ | December 2024 | $14,745 | $6,100 | $19,869 | IRS |
| 990-N for 2023 Officer: Theresa McShan | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2022 Officer: Theresa McShan | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
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 87-1902977).
Questions about DOWNTOWN ELGIN
- What is the EIN of DOWNTOWN ELGIN?
- The employer identification number (EIN) of DOWNTOWN ELGIN is 87-1902977.
- Is DOWNTOWN ELGIN tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to DOWNTOWN ELGIN tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DOWNTOWN ELGIN file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of DOWNTOWN ELGIN 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 DOWNTOWN ELGIN last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of DOWNTOWN ELGIN?
- The 990-N for 2023 names Theresa McShan.
- Who are the officers and directors of DOWNTOWN ELGIN?
- The 990-EZ for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does DOWNTOWN ELGIN have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $8,403, expenses of $9,561 and total assets of $18,711 at year end.
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- TEXAS POLICE CHIEFS ASSOCIATION FOUNDATION EIN 20-2956522 · last filed 990 for 2025
- CASA DE MIEL EIN 83-2083208 · last filed 990-PF for 2024
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All nonprofits in ELGIN · Texas · Community improvement and capacity building