MAIN STREET CORRIDOR DEVELOPMENT CORPORATION: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: MAIN STREET CORRIDOR DEVELOPMENT CORPORATION (EIN 43-1251925)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-05-22
IRS object ID: 201331429349300733
Schema version: 2012v2.0
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-05-22T14:03:24-07:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RALPH C JOHNSON AND CO PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	106 W 11TH ST STE 1530	AddressLine1
City	KANSAS CITY	City
State	MO	State
ZIP Code	641051806	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	431251925	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	MAIN STREET CORRIDOR DEVELOPMENT CORP	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	MAIN	NameControl
Phone	8167533820	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3215 MAIN ST	AddressLine1
City	KANSAS CITY	City
State	MO	State
ZIP Code	64111	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	DIANE BURNETTE	Name
Title	EXECUTIVE DIRECTOR	Title
Phone	8167533820	Phone
Date Signed	2013-05-22	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	RALPH C JOHNSON	Name
Phone	8164728900	Phone
Date Prepared	2013-05-22	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	DIANE BURNETTE	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	3215 MAIN ST STE 200	AddressLine1
City	KANSAS CITY	City
State	MO	State
ZIP Code	64111	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	266395	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	N/A	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1981	YearFormation
State Legal Domicile	MO	StateLegalDomicile
Activity Or Mission Description	SEE NOTE	ActivityOrMissionDescription
Nbr Voting Members Governing Body	22	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	22	NbrIndependentVotingMembers
Total Nbr Employees	3	TotalNbrEmployees
Total Nbr Volunteers	100	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	62044	ContributionsGrantsPriorYear
Contributions Grants Current Year	74016	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	174271	ProgramServiceRevenuePriorYear
Program Service Revenue CY	192290	ProgramServiceRevenueCY
Investment Income Prior Year	276	InvestmentIncomePriorYear
Investment Income Current Year	89	InvestmentIncomeCurrentYear
Other Revenue Prior Year	8127	OtherRevenuePriorYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	244718	TotalRevenuePriorYear
Total Revenue Current Year	266395	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	164263	SalariesEtcPriorYear
Salaries Etc Current Year	188620	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	21307	TotalFundrsngExpCurrentYear
Other Expense Prior Year	95691	OtherExpensePriorYear
Other Expenses Current Year	105253	OtherExpensesCurrentYear
Total Expenses Prior Year	259954	TotalExpensesPriorYear
Total Expenses Current Year	293873	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-15236	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-27478	RevenuesLessExpensesCY
Total Assets BOY	288320	TotalAssetsBOY
Total Assets EOY	278367	TotalAssetsEOY
Total Liabilities EOY	17525	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	288320	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	260842	NetAssetsOrFundBalancesEOY
Mission Description	SEE NOTE	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	201288	Expense
Description	PROVIDED ADMINISTRATION FOR COMMUNITY BASED BUSINESS ASSOCIATION TO FACILITATE ECONOMIC DEVELOPMENT IN DIS-INVESTED AREAS	Description
Total Program Service Expense	201288	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
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
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	3	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
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
Form8899 Filed	false	Form8899Filed
Form1098 C Filed	false	Form1098CFiled
Excess Business Holdings	false	ExcessBusinessHoldings
Taxable Distributions	false	TaxableDistributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	22	NbrVotingGoverningBodyMembers
Number Independent Voting Members	22	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	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	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	DIANE BURNETTE	NamePerson
Telephone Number	8167533820	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	3215 MAIN STE 200	AddressLine1
City	KANSAS CITY	City
State	MO	State
ZIP Code	64111	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (22 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	OfficerOfficer	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Individual Trustee Or DirectorIndividualTrusteeOrDirector
DIANE BURNETTE
Executive Dir.	40.00	X	X	X	106898	0	0
VERONICA SELLERS
President	1.00	X			0	0	0	X
DAN MUSSER
Vice President	1.00	X			0	0	0	X
TOM KIRKWOOD
Past-President, Ex-Officio	1.00				0	0	0	X
JUDY SWANSON
Director	1.00				0	0	0	X
WALT COFER
Director	1.00				0	0	0	X
JOHN DEBAUCHE
Ex-officio	1.00				0	0	0	X
KATE CORWIN
Director	1.00				0	0	0	X
RACHAEL BLACKBURN COZAD
Director	1.00				0	0	0	X
LEONARD GRAHAM
Director	1.00				0	0	0	X
PAM HOELZEL
Treasurer	1.00	X			0	0	0	X
SALLY SCHWENK
Director	1.00				0	0	0	X
JIM MILLER
Director	1.00				0	0	0	X
SUSAN SCOTT
Director	1.00				0	0	0	X
CHRISTOPHER KINZEL
Secretary	1							X
PETER CASSEL
Director	1							X
FRED WELLS
Director	1							X
JIM WILSON
Director	1							X
MARK ZIMMERMAN
Director	1							X
JIM EDSON
Director	1							X
DAN HOGAN
Director	1							X
NATHAN GUFFEY
Director	1							X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	106898	TotalReportableCompFromOrg
Number Individuals GT100 K	1	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
All Other Contributions	74016	AllOtherContributions
Total Contributions	74016	TotalContributions

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	192290	TotalRevenueColumn

Field	Value	IRS element (for citing)
Total Program Service Revenue	192290	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	89	TotalRevenueColumn

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	266395	TotalRevenueColumn
Related Or Exempt Function Income	192379	RelatedOrExemptFunctionIncome

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	106898	Total
Program Services	64139	ProgramServices
Management And General	32069	ManagementAndGeneral
Fundraising	10690	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	43426	Total
Program Services	26055	ProgramServices
Management And General	13028	ManagementAndGeneral
Fundraising	4343	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	27274	Total
Program Services	16364	ProgramServices
Management And General	8182	ManagementAndGeneral
Fundraising	2728	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	11022	Total
Program Services	6613	ProgramServices
Management And General	3307	ManagementAndGeneral
Fundraising	1102	Fundraising

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	8325	Total
Program Services	4695	ProgramServices
Management And General	2848	ManagementAndGeneral
Fundraising	782	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	10428	Total
Program Services	6257	ProgramServices
Management And General	3128	ManagementAndGeneral
Fundraising	1043	Fundraising

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	70062	Total
Program Services	70062	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	101	Total
Program Services	0	ProgramServices
Management And General	101	ManagementAndGeneral
Fundraising	0	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	2655	Total
Program Services	0	ProgramServices
Management And General	2655	ManagementAndGeneral
Fundraising	0	Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
Communications	6194	3716	1859	619
Postage	291	291	0	0
Training	3096	3096	0	0
Other	4101	0	4101	0

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	293873	Total
Program Services	201288	ProgramServices
Management And General	71278	ManagementAndGeneral
Fundraising	21307	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	5700	BOY
EOY	-4152	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	308363	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	25844	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	282620	BOY
EOY	282519	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	288320	BOY
EOY	278367	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
EOY	17525	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	17525	EOY

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

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	286274	BOY
EOY	260842	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	2046	BOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	288320	BOY
EOY	260842	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	288320	BOY
EOY	278367	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-27478	ReconcilationRevenueExpenses
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	119579	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	67044	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	63510	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	62044	CurrentTaxYearMinus1Year
Current Tax Year	74016	CurrentTaxYear
Total	386193	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	119579	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	67044	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	63510	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	62044	CurrentTaxYearMinus1Year
Current Tax Year	74016	CurrentTaxYear
Total	386193	Total

Field	Value	IRS element (for citing)
Public Support Total170	386193	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	464	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	231	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	291	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	276	CurrentTaxYearMinus1Year
Current Tax Year	89	CurrentTaxYear
Total	1351	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	65800	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	54592	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	197124	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	182399	CurrentTaxYearMinus1Year
Current Tax Year	192290	CurrentTaxYear
Total	692205	Total

Field	Value	IRS element (for citing)
Total Support	1079749	TotalSupport
Public Support Pertcentage170	0.35770	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.42370	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170
Public Support Total509	0	PublicSupportTotal509
Public Support Percentage509	0	PublicSupportPercentage509
Investment Income Percentage	0	InvestmentIncomePercentage
Facts And Circumstances Test	OTHER INCOME; OTHER INCOME PART II, LINE 10; DESCRIPTION: PROGRAM SERVICE FEES; 2008: 65800.; 2009: 54592.; 2010: 197124.; 2011: 182399.; 2012: 192290.;	FactsAndCircumstancesTest

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	281908	InvestmentCostOrOtherBasis
Book Value	281908	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	24578	InvestmentCostOrOtherBasis
Depreciation	23967	Depreciation
Book Value	611	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	1877	InvestmentCostOrOtherBasis
Depreciation	1877	Depreciation

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	282519	TotalOfBookValueLandBuildings

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

IdentifierIdentifier	ExplanationExplanation
Pt VI, Line 11b	Form reviewed by Exec. Dir. & Trea & copies given to Board
Pt VI, Line 12c	The policy is enforced by use of a questionaire annually
Pt VI, Line 19	The Form 990 is available to the public upon request.
Form 990EZ, Part II, Line 24	DUE FROM CDBG REIMB