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COMMUNITY MAIN STREET INC

EIN 42-1303027 CEDAR FALLS, IA

Revenue 2024
$591,112
Expenses 2024
$441,064

Program services were 90.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
S200
Classification
1000
Street
310 E 4TH ST

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

TO FOSTER ECONOMIC VITALITY AND TO PRESERVE AND PROMOTE THE HISTORIC IMAGE AND CHARACTER OF DOWNTOWN WHILE IMPROVING THE QUALITY OF LIFE IN CEDAR FALLS, IOWA

Activities or mission (Part I)

FOSTER ECONOMIC VITALITY, HISTORIC IMAGE, AND QUALITY OF LIFE IN CEDAR FALLS, IOWA.

  • PROMOTION OF BUSINESS AND COMMUNITY DEVELOPMENT OF DOWNTOWN DISTRICT IN CEDAR FALLS, IOWA. ACCOMPLISHED THROUGH MEMBERSHIP ORGANIZATION, MARKETING, AND PROMOTION ACTIVITIES.

    Expenses $397,614 · Grants $94,912 · Revenue $118,628

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • EMILEE NEDOBA

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • DAN LYNCH

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • CORY KENT

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.25
  • BRENT JOHNSON

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    0.25
  • WYNETTE FROEHNER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • STEPHANIE SHEETZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • BRAD STROUSE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • HELEN PEARCE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • LEXIE HEATH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • LAUREN RIENSCHE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • DEANNA HOFFMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • WHITNEY MROZINSKI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • KIMBERLY BEAR

    EXECUTIVE DIRECTOR

    Total calculated
    $66,596
    From this org
    $52,225
    From related orgs
    $0
    Other
    $14,371
    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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $591,112
    Expenses
    $441,064
    Contributions
    $446,452
    Grants paid
    $94,912
  • 2023
    Revenue
    $435,786
    Expenses
    $345,115
    Contributions
    $325,795
    Grants paid
    $24,740
  • 2022
    Revenue
    $404,172
    Expenses
    $296,647
    Contributions
    $330,103
    Grants paid
    $7,500

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $433,908
    Expenses
    $226,560
    Assets (EOY)
    $979,748
  • 2020 · 990

    Revenue
    $413,230
    Expenses
    $216,472
    Assets (EOY)
    $774,096
  • 2019 · 990

    Revenue
    $347,969
    Expenses
    $309,348
    Assets (EOY)
    $768,428
  • 2018 · 990

    Revenue
    $424,330
    Expenses
    $362,003
    Assets (EOY)
    $697,338
  • 2017 · 990

    Revenue
    $516,292
    Expenses
    $555,620
    Assets (EOY)
    $1,242,413
  • 2016 · 990

    Revenue
    $359,197
    Expenses
    $328,537
    Assets (EOY)
    $1,272,306
  • 2015 · 990

    Revenue
    $1,184,511
    Expenses
    $318,430
    Assets (EOY)
    $1,235,744
  • 2014 · 990

    Revenue
    $188,391
    Expenses
    $175,379
    Assets (EOY)
    $362,828
  • 2013 · 990

    Revenue
    $255,996
    Expenses
    $231,262
    Assets (EOY)
    $345,484
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $219,221
    Assets (EOY)
    $315,329

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

  • BALOS INC

    $22,500

    2024 COMMUNITY MAIN STREET WORKED WITH THE CITY OF CEDAR FALLS TO ENSURE THIS BUILDING WASN'T CONDEMNED BUT WAS AN ADDED ASSET TO THE CEDAR FALLS DOWNTOWN DISTRICT. THE PROJECT RECEIVED FUNDS FROM IOWA ECONOMIC DEVELOPMENT AURTHORITY THROUGH THE CHALLENGE GRANT AS WELL AS THE ENHANCEMENT GRANT AND FACADE GRANT THROUGH COMMUNITY MAIN STREET. THIS PROJECT ADDED A BUSINESS AND UPPER STORY LIVING TO AN OTHERWISE GOING TO BE TORN DOWN BUILDING.

  • 2024 AN ENHANCEMENT GRANT WAS AWARDED TO 308-312 MAIN STREET PROJECT FOR IMPORVEMENTS TO THIS BUILDING TO ENHANCE THE VITATLITY OF THIS AREA OF MAIN STREET

  • 2024 THE ENHANCEMENT GRANT WILL SUPPORT THE CONSTRUCTION OF 315 MAIN STREET IN CEDAR FALLS. THE CEDAR FALLS MAIN STREET COMMUNITY IS IN NEED OF ADDITIONAL SPACE TO HOST MEETINGS AND ATTRACT VISITORS. THIS PROJECT THROUGH THE CEDAR FALLS HISTORICAL SOCIETY WILL HELP TO ENHANCE THAT AREA OF DOWNTOWN AS WELL AS INVITE NEW GROUPS TO USE THE DISTRICT IN A DIFFERENT WAY.

  • 2023 BUILD OUT OF 317 MAIN STREET

  • THE NOOK

    $10,000

    2024 THESE FUNDS ARE INTENDED TO SUPPORT EXISTING STAKEHOLDERS WITHIN THE DOWNTOWN DISTRICT TO FACILITATE CONTINUED GROWTH AND DEVELOPMENT. THIS PROGRAM SEEKS TO ENCOURAGE PRIVATE INVESTMENT IN THE DOWNTOWN DISTRICT THROUGH THE FINANCIAL SUPPORT OF CEDAR

Where these grants went next →

Grants received

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 23 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.