STRATEGY STUDIO / PUBLIC DATA EXPLORER

MAIN STREET ATMORE FOUNDATION: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
MAIN STREET ATMORE FOUNDATION (EIN 87-2358366)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-10-08
IRS object ID
202422829349300212
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-10-08T09:33:05-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN465511683PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DAVIS BELL & AMERSON LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1908 E NASHVILLE AVEAddressLine1Txt
CityATMORECityNm
State AbbreviationALStateAbbreviationCd
ZIP365022638ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN872358366EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MAIN STREET ATMORE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMAINBusinessNameControlTxt
Phone2512539787PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1201 EAST LOUISVILLE AVEAddressLine1Txt
CityATMORECityNm
State AbbreviationALStateAbbreviationCd
ZIP36502ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSHINORA REDMONDPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone2512539787PhoneNum
Signature2024-09-19SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonO PETE AMERSON IIIPreparerPersonNm
PTINP01353639PTIN
Phone2513683173PhoneNum
Preparation2024-09-19PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSHELIO FAIRCLOTHPrincipalOfficerNm
Gross Receipts$353,665GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.MAINSTREETATMORE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2022FormationYr
Legal Domicile StateALLegalDomicileStateCd
Activity Or MissionTHE PURPOSES FOR WHICH THE MAIN STREET FOUNDATION IS ORGANIZED ARE TO STIMULATE DISTRICT REVITALIZATION IN THE CITY OF ATMORE, ALABAMA THROUGH ORGANIZATION (ENCOURAGING COOPERATION AND BUILDING LEADERSHIP IN THE BUSINESS COMMUNITY); ECONOMIC VITALITY (STRENGTHENING DOWNTOWNS EXISTING ECONOMIC ASSETS WHILE DIVERSIFYING ITS ECONOMIC BASE); PROMOTION (CREATING A POSITIVE IMAGE FOR DOWNTOWN BY PROMOTING THE DOWNTOWN AS AN EXCITING PLACE TO LIVE, SHOP, AND INVEST); DESIGN (IMPROVING THE APPEARANCE OF THE DOWNTOWN); AND TO RECEIVE, ADMINISTER AND DISTRIBUTE FUNDS IN CONNECTION WITH ANY ACTIVITIES RELATED TO THE ABOVE PURPOSES.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$24,550PYContributionsGrantsAmt
CY Contributions Grants$323,930CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$11,996PYOtherRevenueAmt
CY Other Revenue$29,054CYOtherRevenueAmt
PY Total Revenue$36,546PYTotalRevenueAmt
CY Total Revenue$352,984CYTotalRevenueAmt
PY Grants And Similar Paid$27,717PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$236,555CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$137PYOtherExpensesAmt
CY Other Expenses$7,015CYOtherExpensesAmt
PY Total Expenses$27,854PYTotalExpensesAmt
CY Total Expenses$243,570CYTotalExpensesAmt
PY Revenues Less Expenses$8,692PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$109,414CYRevenuesLessExpensesAmt
Total Assets BOY$62,136TotalAssetsBOYAmt
Total Assets EOY$171,550TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$62,136NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$171,550NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE PURPOSES FOR WHICH THE MAIN STREET FOUNDATION IS ORGANIZED ARE TO STIMULATE DISTRICT REVITALIZATION IN THE CITY OF ATMORE, ALABAMA THROUGH ORGANIZATION (ENCOURAGING COOPERATION AND BUILDING LEADERSHIP IN THE BUSINESS COMMUNITY); ECONOMIC VITALITY (STRENGTHENING DOWNTOWNS EXISTING ECONOMIC ASSETS WHILE DIVERSIFYING ITS ECONOMIC BASE); PROMOTION (CREATING A POSITIVE IMAGE FOR DOWNTOWN BY PROMOTING THE DOWNTOWN AS AN EXCITING PLACE TO LIVE, SHOP, AND INVEST); DESIGN (IMPROVING THE APPEARANCE OF THE DOWNTOWN); AND TO RECEIVE, ADMINISTER AND DISTRIBUTE FUNDS IN CONNECTION WITH ANY ACTIVITIES RELATED TO THE ABOVE PURPOSES.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$237,555ExpenseAmt
Grant$236,555GrantAmt
DescSTIMULATE DISTRICT REVITALIZATIONDesc
Total Program Service Expenses$237,555TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcfalseRegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonSHINORA REDMONDPersonNm
Phone2512539787PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1201 LOUISVILLE DRIVEAddressLine1Txt
CityATMORECityNm
State AbbreviationALStateAbbreviationCd
ZIP36502ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
ALFREDO ALVIZO
DIRECTOR1.00Yes (X)$0$0$0
DALE ASH
TREASURER2.00Yes (X)$0$0$0Yes (X)
TERRENCE BRECKENRIDGE
CO-CHAIR2.00Yes (X)$0$0$0Yes (X)
CINDY COVILLE
SECRETARY2.00Yes (X)$0$0$0Yes (X)
SHELIO FAIRCLOTH
CHAIR2.00Yes (X)$0$0$0Yes (X)
LEIGH ANN JONES
DIRECTOR1.00Yes (X)$0$0$0
GIA LANGHAM
DIRECTOR1.00Yes (X)$0$0$0
ROBERT MAYS
DIRECTOR1.00Yes (X)$0$0$0
SYDNEY MCGHEE
CO-CHAIR2.00Yes (X)$0$0$0Yes (X)
SHINORA REDMOND
EXECUTIVE DI2.00Yes (X)$0$0$0
J ROSS
DIRECTOR1.00Yes (X)$0$0$0
EDDIE TULLIS
DIRECTOR1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Membership Dues$11,930MembershipDuesAmt
Fundraising$5,000FundraisingAmt
All Other Contributions$307,000AllOtherContributionsAmt
Total Contributions$323,930TotalContributionsAmt
Fundraising Gross Income$29,735FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$5,000ContriRptFundraisingEventAmt
Fundraising Direct Expenses$681FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$29,054TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$352,984TotalRevenueColumnAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$236,555TotalAmt
Program Services$236,555ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$15TotalAmt
Management And General$15ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$6,000TotalAmt
Management And General$6,000ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescPROGRAMMINGDesc
Total$1,000TotalAmt
Program Services$1,000ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$243,570TotalAmt
Program Services$237,555ProgramServicesAmt
Management And General$6,015ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$62,136BOYAmt
EOY$171,550EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$62,136BOYAmt
EOY$171,550EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$62,136BOYAmt
EOY$171,550EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$62,136BOYAmt
EOY$171,550EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$62,136BOYAmt
EOY$171,550EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$109,414ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year$323,930CurrentTaxYearAmt
Total$323,930TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year$323,930CurrentTaxYearAmt
Total$323,930TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$323,930PublicSupportTotal170Amt
Total Support$323,930TotalSupportAmt
Gross Receipts Rltd Activities$29,735GrossReceiptsRltdActivitiesAmt
Public Support CY1701.00000PublicSupportCY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1CELEBRITY WAITEEvent1Nm
Gross Receipts Event1$34,735GrossReceiptsEvent1Amt
Charitable Contri Event1$5,000CharitableContriEvent1Amt
Gross Revenue Event1$29,735GrossRevenueEvent1Amt
Other Direct Expenses Event1$681OtherDirectExpensesEvent1Amt
Gross Receipts Total$34,735GrossReceiptsTotalAmt
Charitable Contributions Tot$5,000CharitableContributionsTotAmt
Gross Revenue Total Events$29,735GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$681OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$681DirectExpenseSummaryEventsAmt
Net Income Summary$29,054NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1PRIDE OF ATMOREBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line15415 HIGHWAY 21AddressLine1Txt
CityATMORECityNm
State AbbreviationALStateAbbreviationCd
ZIP36502ZIPCd
FieldValueIRS element (for citing)
Recipient EIN464416506RecipientEIN
IRC Section501C3IRCSectionDesc
Cash Grant$200,000CashGrantAmt
Purpose Of GrantRENOVATIONSPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONTHE PURPOSES FOR WHICH THE MAIN STREET FOUNDATION IS ORGANIZED ARE TO STIMULATE DISTRICT REVITALIZATION IN THE CITY OF ATMORE, ALABAMA THROUGH ORGANIZATION (ENCOURAGING COOPERATION AND BUILDING LEADERSHIP IN THE BUSINESS COMMUNITY); ECONOMIC VITALITY (STRENGTHENING DOWNTOWNS EXISTING ECONOMIC ASSETS WHILE DIVERSIFYING ITS ECONOMIC BASE); PROMOTION (CREATING A POSITIVE IMAGE FOR DOWNTOWN BY PROMOTING THE DOWNTOWN AS AN EXCITING PLACE TO LIVE, SHOP, AND INVEST); DESIGN (IMPROVING THE APPEARANCE OF THE DOWNTOWN); AND TO RECEIVE, ADMINISTER AND DISTRIBUTE FUNDS IN CONNECTION WITH ANY ACTIVITIES RELATED TO THE ABOVE PURPOSES.
FORM 990, PAGE 6, PART VI, LINE 2DALE ASH CINDY COVILLE SISTERS
FORM 990, PAGE 6, PART VI, LINE 11BCOPY WILL BE PROVIDED TO BOARD BEFORE FILING.
FORM 990, PAGE 6, PART VI, LINE 19DOCUMENTS ARE AVAILABLE UPON REQUEST.