Nonprofit · EIN 92-1163548
MCNAIRY ECONOMIC DEVELOPMENT FOUNDATION
Tax-exempt · SELMER, TN 38375
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $71,005 | $61,598 | $9,407 | $9,407 | $0 | $9,407 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $71,000
- Program service revenue
- $0
- Investment income
- $5
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $61,333
- Occupancy
- $265
- Program services (functional)
- $61,333
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $9,407
- Total liabilities, end of year
- $0
- Net assets, end of year
- $9,407
- Cash, savings and investments
- $9,407
- Gross receipts
- $71,005
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Zach Congiardo | President | 2 | $0 |
| Maggie Moore Inman | Vice President | 1 | $0 |
| Braden Rickman | Secretary | 1 | $0 |
| John Bowers | Board Member | 0.5 | $0 |
| Brenda Cauley | Board Member | 0.5 | $0 |
| Linda Hamm | Board Member | 0.5 | $0 |
| Ed Huggins | Board Member | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 154 W COURT AVE, SELMER, TN 38375-2102
- Mailing address (990-N for 2023)
- PO BOX 7, Selmer TN 38375
- Principal officer (990-N for 2023)
- JOHN BOWERS, PO BOX 7, Selmer TN 38375
- Signed the 990-EZ
- Zach Congiardo, President
- Phone
- (731) 439-1335
Mission
The McNairy Economic Development Foundation exists to promote economic growth, job creation, and community revitalization in McNairy County, Tennessee. Its primary focus is supporting the redevelopment of downtown Selmer through infrastructure improvements, strategic partnerships, and small business support, including its work toward Main Street designation. The foundation also assists with planning, grant writing, and coordinating public-private efforts to enhance quality of life and long-term investment in the region.
Program accomplishments
- In 2024, the Foundation focused on downtown Selmer revitalization by initiating a partnership with planning firm Farmer Morgan. We secured funding, executed a contract, and began payments for a comprehensive redevelopment plan. While the Main Street designation application was not finalized, groundwork was laid through community engagement and strategic planning efforts.Expenses $61,333
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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 92-1163548
- 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 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $9,407
- Income (IRS master file)
- $71,005
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $71,005 | $61,598 | $9,407 | IRS |
| 990-N for 2023 Officer: JOHN BOWERS | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2022 Officer: JOHN BOWERS | 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 92-1163548).
Questions about MCNAIRY ECONOMIC DEVELOPMENT FOUNDATION
- What is the EIN of MCNAIRY ECONOMIC DEVELOPMENT FOUNDATION?
- The employer identification number (EIN) of MCNAIRY ECONOMIC DEVELOPMENT FOUNDATION is 92-1163548.
- Is MCNAIRY ECONOMIC DEVELOPMENT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to MCNAIRY ECONOMIC DEVELOPMENT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MCNAIRY ECONOMIC DEVELOPMENT FOUNDATION 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 MCNAIRY ECONOMIC DEVELOPMENT FOUNDATION 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 MCNAIRY ECONOMIC DEVELOPMENT FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of MCNAIRY ECONOMIC DEVELOPMENT FOUNDATION?
- The 990-N for 2023 names JOHN BOWERS.
- Who are the officers and directors of MCNAIRY ECONOMIC DEVELOPMENT FOUNDATION?
- The 990-EZ for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does MCNAIRY ECONOMIC DEVELOPMENT FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $71,005, expenses of $61,598 and total assets of $9,407 at year end.
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All nonprofits in SELMER · Tennessee · Community improvement and capacity building