Main Street Lincoln Inc in Lincoln, Illinois (IL)
Table of contents:
| Main Street Lincoln Inc | |
| Employer Identification Number (EIN) | 371320490 |
| Name of Organization | Main Street Lincoln Inc |
| Address | C/O Michael Simonson 10 Oakwood Dr, Lincoln, IL 62656 |
| Activities | Area development, redevelopment of renewal, Other activity aimed t combating community deterioration, Community promotion |
| Subsection | Charitable Organization |
| Ruling Date | 04/1995 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $1 to $9,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $5,690 |
| Amount of Income | $68,399 |
| Form 990 Revenue Amount | $40,867 |
| National Taxonomy of Exempt Entities (NTEE) | Community Improvement, Capacity Building: Community, Neighborhood Development, Improvement (General) |
Non-representatives - add comments:
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $47,681 | $48,388 | $40,867 |
| Contributions, gifts, grants, and similar amounts received | $32,795 | $28,657 | $23,107 |
| Program service revenue including government fees and contracts | $0 | $1,176 | $2,215 |
| Membership dues and assessments | $6,237 | $6,847 | $4,407 |
| Investment income | $31 | $21 | $4 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $8,618 | $11,687 | $11,134 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $30,141 | $26,363 | $38,666 |
| Less: direct expenses from gaming and fundraising events | $21,523 | $14,676 | $27,532 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $52,052 | $38,764 | $59,072 |
| Total net assets | $11,608 | $21,232 | $3,027 |
| Excess/Deficit for the year | $-4,371 | $9,624 | $-18,205 |
| Net assets or fund balances at beginning of year | $14,239 | $11,608 | $21,232 |
| Other changes in net assets or fund balances | $1,740 | $0 | $0 |
| Net assets or fund balances at end of year | $11,608 | $21,232 | $3,027 |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $14,585 | $23,732 | $5,690 |
| Total liabilities | $2,977 | $2,500 | $2,663 |
| Net assets or fund balances | $11,608 | $21,232 | $3,027 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | No |
| Were any significant changes made to the organizing or governing documents? | No | No | No |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | No |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | No |
| Amount of political expenditures, direct or indirect | $0 | $0 | $0 |
| Did the organization file Form 1120-POL for this year? | No | No | No |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | No |
| Total amount involved | $0 | $0 | $0 |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | No |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | No |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $202,925 |
| Subtotal | $202,925 |
| Gifts, grants, contributions, and membership fees received | $202,925 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $0 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $203,095 |
| Public support | $202,925 |
| Subtotal | $170 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $170 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| 5 | Main St Eldorado Inc | PO BOX 435, Eldorado, IL 62930-0435 | IL | 1999-06 | $11,411 |
| 6 | Main Stay Therapeutic Farm Inc | 6919 Keystone Rd, Richmond, IL 60071-9793 | IL | 1989-07 | $1,956,316 |
| 7 | Main Street Blue Island Inc | 13151 S Western Ave, Blue Island, IL 60406 | IL | 1996-11 | $84,593 |
| 8 | Main Street Community Center Inc | 1003 N Main St, Edwardsville, IL 62025-1117 | IL | 1975-06 | $197,366 |
| 9 | Main Street East Moline | 915 16th Avenue, East Moline, IL 61244 | IL | 1999-09 | $0 |
| 10 | Main Street Golconda Inc | Po Box 482, Golconda, IL 62938 | IL | 1996-07 | $100,509 |
| 11 | Main Street Lincoln Inc | C/O Michael Simonson 10 Oakwood Dr, Lincoln, IL 62656 | IL | 1995-04 | $68,399 |
| 12 | Main Street Mascoutah Inc | 200 E Main St, Mascoutah, IL 62258-2137 | IL | 1999-09 | $3,907 |
| 13 | Main Street Momence | PO BOX 101, Momence, IL 60954-0101 | IL | 2007-09 | $100,693 |
| 14 | Main Street Of Sterling Inc | PO BOX 261, Sterling, IL 61081-0261 | IL | 2006-10 | $158,257 |
| 15 | Main Street Orion Inc | PO BOX 693, Orion, IL 61273-0693 | IL | 2000-01 | $55,624 |
| 16 | Main Street Paris | 116 W Court St, Paris, IL 61944 | IL | 2000-03 | $39,640 |
| 17 | Main Street Princeton | 435 South Main Street, Princeton, IL 61356 | IL | 1998-05 | $0 |
| 18 | Main Street Winfield Inc | PO BOX 276, Winfield, IL 60190-0276 | IL | 1996-09 | $31,936 |
| 19 | Main Street-Dekalb Inc | 164 E Lincoln Hwy, Dekalb, IL 60115-3277 | IL | 1999-05 | $95,337 |
| 20 | Maine Community Youth Assistance Foundation | 2720 S River Rd Ste 128, Des Plaines, IL 60018-4110 | IL | 2007-03 | $265,949 |
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