MAIN STREET TEXARKANA: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: MAIN STREET TEXARKANA (EIN 71-0683066)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-03-26
IRS object ID: 201320859349300117
Schema version: 2012v2.1
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
Form 990
Schedule A
Schedule D
Schedule G
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-03-26T11:38:52-05:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	710831827	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Webb Smith Cole & Hickey	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	101 East Broad Street	AddressLine1
City	Texarkana	City
State	AR	State
ZIP Code	71854	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	710683066	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	Main Street Texarkana	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	MAIN	NameControl

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 631	AddressLine1
City	Texarkana	City
State	TX	State
ZIP Code	75504	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	David Potter	Name
Title	Officer	Title
Phone	8707742120	Phone
Date Signed	2013-03-20	DateSigned
Authorize Third Party	false	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Jay Hickey	Name
PTIN	P01345546	PTIN
Phone	9038244632	Phone
Date Prepared	2013-03-26	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	DAVID J POTTER II	NameOfPrincipalOfficerPerson
Gross Receipts	143545	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	N/A	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2005	YearFormation
State Legal Domicile	TX	StateLegalDomicile
Activity Or Mission Description	PRESERVE DOWNTOWN AREA AS AN ECONOMICAL AND COMMERCIAL CENTER BY BRINGING CULTURE AND BUSINESS ENTERPRISES TO THE AREA.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	14	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	14	NbrIndependentVotingMembers
Total Nbr Employees	1	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	131130	ContributionsGrantsPriorYear
Contributions Grants Current Year	138305	ContributionsGrantsCurrentYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Prior Year	927	InvestmentIncomePriorYear
Investment Income Current Year	3208	InvestmentIncomeCurrentYear
Other Revenue Prior Year	-227	OtherRevenuePriorYear
Other Revenue Current Year	-2453	OtherRevenueCurrentYear
Total Revenue Prior Year	131830	TotalRevenuePriorYear
Total Revenue Current Year	139060	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	6700	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	2599	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	30489	SalariesEtcPriorYear
Salaries Etc Current Year	24891	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	54174	OtherExpensePriorYear
Other Expenses Current Year	101528	OtherExpensesCurrentYear
Total Expenses Prior Year	91363	TotalExpensesPriorYear
Total Expenses Current Year	129018	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	40467	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	10042	RevenuesLessExpensesCY
Total Assets BOY	149645	TotalAssetsBOY
Total Assets EOY	156851	TotalAssetsEOY
Total Liabilities BOY	4748	TotalLiabilitiesBOY
Total Liabilities EOY	1912	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	144897	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	154939	NetAssetsOrFundBalancesEOY
Mission Description	PRESERVE DOWNTOWN AREA AS AN ECONOMICAL AND COMMERCIAL CENTER BY BRINGING CULTURE AND BUSINESS ENTERPRISES TO THE AREA.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	7208	Expense
Revenue	8645	Revenue
Description	DOWNTOWN HOLIDAY AND PESTIVAL PROMOTIONS	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	33731	Expense
Revenue	27359	Revenue
Description	Bandit Run	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	39120	Expense
Revenue	79677	Revenue
Description	CITY GUIDE PUBLICATION TO PROMOTE TOURISM	Description

Field	Value	IRS element (for citing)
Total Program Service Expense	80059	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	1	NumberOfEmployees
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	14	NbrVotingGoverningBodyMembers
Number Independent Voting Members	14	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	false	ConflictOfInterestPolicy
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	Tara Hickey	NamePerson
Telephone Number	8707742120	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	101 EAST BROAD	AddressLine1
City	Texarkana	City
State	AR	State
ZIP Code	71854	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (13 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
ANDY MCENTIRE
OFFICER	2.00	X	0	0	0
CATHY CURLEY
SECRETARY	2.00	X	0	0	0	X
CHAD TRAMMELL
OFFICER	2.00	X	0	0	0
DAVID J POTTER II
PRESIDENT	3.00	X	0	0	0	X
GEORGE DODSON
OFFICER	2.00	X	0	0	0
HERB CRUMPTON
OFFICER	2.00	X	0	0	0
INA M MCDOWELL
DIRECTOR	40.00	X	10984	0	0	X
JOEL ORR
OFFICER	2.00	X	0	0	0
JOSH MORRIS
OFFICER	2.00	X	0	0	0
MARVIN WILLIAM
OFFICER	2.00	X	0	0	0
Nita Fran Hutcheson
DIRECTOR	40.00	X	13066	0	0	X
PHILIP MOBLEY
VISE PRESIDENT	2.00	X	0	0	0	X
RHONDA SULLIVAN
OFFICER	2.00	X	0	0	0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	24050	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	0	TotalOtherCompensation
Number Individuals GT100 K	0	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Membership Dues	30	MembershipDues
Government Grants	69557	GovernmentGrants
All Other Contributions	68718	AllOtherContributions
Total Contributions	138305	TotalContributions

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	3208	TotalRevenueColumn
Related Or Exempt Function Income	3208	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	2032	GrossSalesOfInventory
Cost Of Goods Sold	4485	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	-2453	TotalRevenueColumn
Related Or Exempt Function Income	-2453	RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	139060	TotalRevenueColumn
Related Or Exempt Function Income	755	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	2599	Total
Program Services	2599	ProgramServices

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	24051	Total
Program Services	7479	ProgramServices
Management And General	16572	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	840	Total
Program Services	261	ProgramServices
Management And General	579	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	7722	Total
Management And General	7722	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	2400	Total
Management And General	2400	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	4573	Total
Program Services	3162	ProgramServices
Management And General	1411	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	3605	Total
Management And General	3605	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	5400	Total
Management And General	5400	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	467	Total
Management And General	467	ManagementAndGeneral

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	1067	Total
Management And General	1067	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	2249	Total
Program Services	400	ProgramServices
Management And General	1849	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Management And GeneralManagementAndGeneral	Program ServicesProgramServices
Dues and Subscriptions	1607	1607
CITY GUIDE EXPENSE	34068		34068
Bandit Run	28975		28975
Christmas Parade	3115		3115

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	6280	Total
Management And General	6280	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	129018	Total
Program Services	80059	ProgramServices
Management And General	48959	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	47931	BOY
EOY	66417	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	14158	BOY
EOY	12407	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	84028	BOY
EOY	75197	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	3312	BOY
EOY	2614	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	773	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	557	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	216	BOY
EOY	216	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	149645	BOY
EOY	156851	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	4748	BOY
EOY	1912	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	4748	BOY
EOY	1912	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	144897	BOY
EOY	154939	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	144897	BOY
EOY	154939	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	149645	BOY
EOY	156851	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	10042	ReconcilationRevenueExpenses
Reconcilation Other Changes	0	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	false	FSAudited
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	218745	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	110215	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	77134	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	40087	CurrentTaxYearMinus1Year
Current Tax Year	75732	CurrentTaxYear
Total	521913	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	218745	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	110215	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	77134	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	40087	CurrentTaxYearMinus1Year
Current Tax Year	75732	CurrentTaxYear
Total	521913	Total

Field	Value	IRS element (for citing)
Public Support Total170	521913	PublicSupportTotal170
Total Support	521913	TotalSupport
Public Support Pertcentage170	1.00000	PublicSupportPertcentage170
Public Support Pertcent Prior Year	1.00000	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule D IRS990ScheduleD

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	773	OtherCostOrOtherBasis
Depreciation	557	Depreciation
Book Value	216	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	216	TotalOfBookValueLandBuildings

Schedule G IRS990ScheduleG

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
O01	Form 990 governing body review Part VI line 11	TAX RETURN REVIEWED BY THE APPROPRIATE OFFICERS AND PRESENTED TO THE BOARD OF DIRECTORS AT THEIR REGULAR MEETING
O02	Governing documents etc available to public Part VI line 19	dOCUMENTS WILL BE MADE AVAILABLE UPON REQUEST