LAUREL MAIN STREET INC: Form 990EZ, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- LAUREL MAIN STREET INC (EIN 20-8570449)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-05-10
- IRS object ID
- 201611379349200036
- Schema version
- 2015v2.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-05-10T12:30:46-05:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 461145147 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Laura Brame Cerra CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 415 North Magnolia St Ste 330 | AddressLine1Txt |
| City | Laurel | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 39440 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 208570449 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAUREL MAIN STREET INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LAUR | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1256 | AddressLine1Txt |
| City | Laurel | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 39441 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MALLORIE RASBERRY | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6016492822 | PhoneNum |
| Signature | 2016-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Laura Brame Cerra | PreparerPersonNm |
| PTIN | P01276417 | PTIN |
| Phone | 6015182721 | PhoneNum |
| Preparation | 2016-05-10 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2016-09-27 15:27:22Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Website Address | WWW.LAURELMAINSTREET.COM | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Gross Receipts | $139,065 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $39,305 | ContributionsGiftsGrantsEtcAmt |
| Program Service Revenue | $85,977 | ProgramServiceRevenueAmt |
| Membership Dues | $13,783 | MembershipDuesAmt |
| Total Revenue | $139,065 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $3,786 | GrantsAndSimilarAmountsPaidAmt |
| Salaries Other Comp Empl Bnft | $33,847 | SalariesOtherCompEmplBnftAmt |
| Fees And Other Pymt To Ind Cntrct | $6,264 | FeesAndOtherPymtToIndCntrctAmt |
| Printing Publications Postage | $2,222 | PrintingPublicationsPostageAmt |
| Other Expenses Total | $68,952 | OtherExpensesTotalAmt |
| Total Expenses | $115,071 | TotalExpensesAmt |
| Excess Or Deficit For Year | $23,994 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $47,172 | NetAssetsOrFundBalancesBOYAmt |
| Other Changes In Net Assets | -$1,502 | OtherChangesInNetAssetsAmt |
| Net Assets Or Fund Balances EOY | $69,664 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,336 | BOYAmt |
| EOY | $59,015 | EOYAmt |
Land And Buildings LandAndBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,500 | BOYAmt |
| EOY | $10,649 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,836 | BOYAmt |
| EOY | $69,664 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,664 | BOYAmt |
| EOY | $0 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,172 | BOYAmt |
| EOY | $69,664 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | REVITALIZE HISTORIC DOWNTOWN LAUREL | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | TO REVITALIZE HISTORIC DOWNTOWN LAUREL IN PARTNERSHIP WITH MEMBERS PUBLIC AND PRIVATE CONTRIBUTORS AND AS PART OF THE MISSISSIPPI MAIN STREET ASSOCIATION | DescriptionProgramSrvcAccomTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $0 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (4 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|
| REX GILBERT | ||||
| TREASURER | 2.00 | $0 | $0 | $0 |
| HEATHER BROWN | ||||
| SECRETARY | 2.00 | $0 | $0 | $0 |
| LEW YODER | ||||
| VICE PRESIDENT | 2.00 | $0 | $0 | $0 |
| MALLORIE RASBERRY | ||||
| PRESIDENT | 2.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MALLORIE RASBERRY | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1256 | AddressLine1Txt |
| City | Laurel | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 39441 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6014333255 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $54,319 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $90,784 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $87,947 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $43,346 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $52,588 | CurrentTaxYearAmt |
| Total | $328,984 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $67,579 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $89,266 | CurrentTaxYearAmt |
| Total | $156,845 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $54,319 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $90,784 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $87,947 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $110,925 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $141,854 | CurrentTaxYearAmt |
| Total | $485,829 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $485,829 | PublicSupportTotal509Amt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $54,319 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $90,784 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $87,947 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $110,925 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $141,854 | CurrentTaxYearAmt |
| Total | $485,829 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 1.00000 | PublicSupportCY509Pct |
| Public Support PY509 | 1.00000 | PublicSupportPY509Pct |
| Investment Income CY | 0.00000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| List of grants and similar amounts paid Part I line 10 | Activity FACADE Grantee TOTAL Street DOWNTOWN City, State, Zip Laurel, MS 39440Relationship NONE Amount 3,786 |
| Description of other expenses Part I line 16 | Description AmountPROGRAM EXPENSES 34,813TRAVEL 2,728OTHER OPERATING 17,348DUES 350ADVERTISING/PROMOTION 4,927OFFICE EXPENSE 63SUPPLIES 2,937TELEPHONE 2,156INSURANCE 1,304DEPRECIATION 2,326 |
| Other changes in net assets or fund balances Part I line 20 | Description AmountPRIOR PERIOD ADJUSTMENT (1,502) |
| Description of other assets Part II line 24 | Category Beginning of Year End of YearACCOUNTS RECEIVABLE 1,500 500FURNITUREFIXTURES NET OF AD 0 10,149 |
| Description of total liabilities Part II line 26 | Category Beginning of Year End of YearPAYROLL LIABILITIES 8,664 0 |