Form 990 for tax year 2023
Filed by REPUBLICAN MAIN STREET PARTNERSHIP.
Totals
- Total revenue
- $4,348,531
- Total expenses
- $3,673,219
- Contributions and grants received
- $0
- Grants paid
- $1,000,000
- Program service revenue
- $4,403,222
- Investment income
- $88,620
- Other revenue
- -$143,311
- Total assets, end of year
- $2,849,548
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $2,849,548
- Program services expenses (Part IX)
- $2,695,362
- Management and general expenses
- $591,777
- Fundraising expenses
- $386,080
- Program service expenses (Part III)
- $2,695,362
Program services were 73.4% 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.
-
2a · Program service revenue: Member Dues
total $4,403,222 · related or exempt $4,403,222
-
3 · Investment income
total $88,620 · excluded $88,620
-
11a · Other revenue: SGD LLC
total -$143,311 · excluded -$143,311
-
11e · Other revenue, total
-$143,311
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,000,000 · program services $1,000,000
-
5 · Compensation of officers, directors and key employees
total $383,333 · program services $306,667 · management and general $38,333 · fundraising $38,333
-
7 · Other salaries and wages
total $232,584 · program services $186,066 · management and general $23,259 · fundraising $23,259
-
10 · Payroll taxes
total $35,749 · program services $28,599 · management and general $3,575 · fundraising $3,575
-
11b · Fees: legal
total $15,922 · management and general $15,922
-
11c · Fees: accounting
total $22,341 · management and general $22,341
-
11g · Fees: other
total $718,889 · program services $67,022 · management and general $407,739 · fundraising $244,128
-
13 · Office expenses
total $45,623 · program services $43,098 · management and general $2,361 · fundraising $164
-
14 · Information technology
total $23,176 · program services $18,540 · management and general $2,318 · fundraising $2,318
-
16 · Occupancy
total $88,301 · program services $70,641 · management and general $8,830 · fundraising $8,830
-
17 · Travel
total $305,163 · program services $244,131 · management and general $30,516 · fundraising $30,516
-
19 · Conferences, conventions and meetings
total $446,511 · program services $446,511
-
20 · Interest
total $66 · management and general $66
-
22 · Depreciation, depletion and amortization
total $1,560 · management and general $1,560
-
23 · Insurance
total $34,132 · program services $27,306 · management and general $3,413 · fundraising $3,413
-
24a · Other expenses: Mail
total $314,430 · program services $251,544 · management and general $31,443 · fundraising $31,443
-
24b · Other expenses: Gift
total $4,137 · program services $4,137
-
24c · Other expenses: Security Services
total $1,011 · program services $809 · management and general $101 · fundraising $101
-
24d · Other expenses: Taxes
total $291 · program services $291
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $664,869 · end of year $78,466
-
2 · Savings and temporary cash investments
beginning of year $1,505,967 · end of year $2,692,785
-
10a · Land, buildings and equipment: cost or other basis
$29,156
-
10b · Land, buildings and equipment: accumulated depreciation
$10,948
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $18,208
-
15 · Other assets
beginning of year $3,400 · end of year $60,089
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $0 · end of year $0
Mission and programs · 2023
Mission
To study and educate the public and members of congress on the effects of governmental policies on heathcare; energy and the environment; trade; defense; tax policy; and the deficit.
Activities or mission (Part I)
TO STUDY AND EDUCATE THE PUBLIC AND MEMBERS OF CONGRESS ON PRAGMATIC COMMON SENSE SOLUTIONS TO THE CHALLENGES FACING OUR NATION
-
To study and educate the public and members of congress on the effects of governmental policies on healthcare; engergy and the environment; trade; defense; tax policy; and the deficit.
Expenses $2,695,362 · Grants $1,000,000
As filed on the 2023 return.
Listed in Part VII
-
Sarah Chamberlian
Direction/Pres/CEO
- Total calculated
- $383,333
- From this org
- $383,333
- From related orgs
- $0
- Other
- $0
- Hours/week
- 32 + 8 related
Schedule J breakdown matched by us
- Base
- $383,333
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $383,333
-
Timothy J Regan
Director
- Total calculated
- $0
- Hours/week
- 1
-
Doug Ose
Director/Treasurer/Secretary
- Total calculated
- $0
- Hours/week
- 2 + 1 related
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
Defending Main Street Super PAC
$1,000,000
To support dynamic candidates and incumbents in key, contested districts across the country that are crucial to ensuring a Republican Majority in Congress
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
SGD LLC
Rental real esate · DC · 25% owned · share of income -$122,252
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 16 September 2024
- IRS schema version
- 2023v5.1
- Source object
- 202422639349300342
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