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Nonprofiteer
← MAIN STREET CORYDON IND INC

Form 990 for tax year 2022

Filed by MAIN STREET CORYDON IND INC.

Totals

Total revenue
$187,279
Total expenses
$136,886
Contributions and grants received
$113,046
Grants paid
$3,500
Program service revenue
$37,408
Investment income
$18
Other revenue
$36,807
Total assets, end of year
$1,739,395
Total liabilities, end of year
$1,278,999
Net assets or fund balances, end of year
$460,396
Program services expenses (Part IX)
$132,340
Management and general expenses
$4,546
Fundraising expenses
$0
Program service expenses (Part III)
$132,340

Program services were 96.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $113,046

  • 2a · Program service revenue: WINE WALK

    total $15,895 · related or exempt $15,895

  • 2b · Program service revenue: GLASSTOBER FEST

    total $15,399 · related or exempt $15,399

  • 2c · Program service revenue: SWEET STROLL

    total $3,100 · related or exempt $3,100

  • 2d · Program service revenue: FARMERS MARKET - VENDO

    total $3,014 · related or exempt $3,014

  • 3 · Investment income

    total $18 · excluded $18

  • 9a · Gaming: gross income

    $2,323

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $2,323 · related or exempt $2,323

  • 11a · Other revenue: MANAGEMENT FEE

    total $19,500 · related or exempt $19,500

  • 11b · Other revenue: MISCELLANEOUS REVENUE

    total $14,984 · related or exempt $14,984

  • 11e · Other revenue, total

    $34,484

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,500 · program services $3,500

  • 5 · Compensation of officers, directors and key employees

    total $51,674 · program services $51,674

  • 7 · Other salaries and wages

    total $3,953 · program services $3,953

  • 11b · Fees: legal

    total $500 · program services $500

  • 11c · Fees: accounting

    total $7,192 · program services $3,596 · management and general $3,596

  • 12 · Advertising and promotion

    total $4,099 · program services $4,099

  • 13 · Office expenses

    total $510 · program services $510

  • 14 · Information technology

    total $523 · program services $523

  • 16 · Occupancy

    total $6,563 · program services $6,563

  • 20 · Interest

    total $1,636 · program services $1,636

  • 22 · Depreciation, depletion and amortization

    total $1,259 · program services $1,259

  • 23 · Insurance

    total $6,045 · program services $6,045

  • 24a · Other expenses: LIGHT UP CORYDON

    total $14,115 · program services $14,115

  • 24b · Other expenses: GLASSTOBER FEST

    total $13,722 · program services $13,722

  • 24c · Other expenses: PROGRAM EXPENSES

    total $9,022 · program services $9,022

  • 24d · Other expenses: SUPPLIES

    total $7,066 · program services $7,066

  • 24e · All other expenses

    total $5,507 · program services $4,557 · management and general $950

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,536 · end of year $8,306

  • 7 · Other notes and loans receivable

    beginning of year $210 · end of year $210

  • 10a · Land, buildings and equipment: cost or other basis

    $30,472

  • 10b · Land, buildings and equipment: accumulated depreciation

    $29,619

  • 10c · Land, buildings and equipment, net

    beginning of year $2,112 · end of year $853

  • 15 · Other assets

    beginning of year $1,733,151 · end of year $1,730,026

  • 17 · Accounts payable and accrued expenses

    beginning of year $65,000 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $1,244,006 · end of year $1,278,999

  • 25 · Other liabilities

    beginning of year $20,000 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $410,003 · end of year $460,396

Mission and programs · 2022

Mission

TO MAKE DOWNTOWN CORYDON A PLACE THAT ATTRACTS, WELCOMES AND REFRESHES RESIDENTS, BUSINESS OWNERS AND VISITORS WITH ITS EXCELLENCE AND ENERGY, THROUGH HISTORIC PRESERVATION, CULTURAL VITALITY AND ENTREPRENEURIAL SPIRIT.

Activities or mission (Part I)

MAKE DOWNTOWN CORYDON A PLACE THAT ATTRACTS & WELCOMES RESIDENTS, BUSINESSES & VISITORS.

  • TO MAKE DOWNTOWN CORYDON A PLACE THAT ATTRACTS, WELCOMES AND REFRESHES RESIDENTS, BUSINESS OWNERS, AND VISITORS WITH ITS EXCELLENCE AND ENERGY, THROUGH HISTORIC PRESERVATION, CULTURAL VITALITY, AND ENTREPRENEURIAL SPIRIT.

    Expenses $132,340 · Grants $3,500 · Revenue $74,215

As filed on the 2022 return.

Listed in Part VII

  • TOM TUCKER

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • TROY BLUMENSTOCK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MICHELE ZIMMERMAN

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • GARY ROBERSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MISSI BUSH SAWTELLE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JIM KOERBER

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • EVA NORTH

    PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • MICHAEL RAWERT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KAREN YORK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JASON COPPERWAITE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RUSS HOEHN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LORI SHORT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MARIE ROTHROCK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JANELLE AMY

    EXECUTIVE DIRECTOR

    Total calculated
    $51,674
    From this org
    $51,674
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
27 April 2023
IRS schema version
2022v5.0
Source object
202321179349300122

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