Main Street Corydon Ind Inc is located in Corydon, IN. The organization was established in 1985. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Main Street Corydon Ind Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Main Street Corydon Ind Inc generated $187.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $136.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MAKE DOWNTOWN CORYDON A PLACE THAT ATTRACTS & WELCOMES RESIDENTS, BUSINESSES & VISITORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tom Tucker Treasurer | OfficerTrustee | 2 | $0 |
Troy Blumenstock Director | Trustee | 1 | $0 |
Michele Zimmerman Secretary | OfficerTrustee | 3 | $0 |
Gary Roberson Director | Trustee | 1 | $0 |
Missi Bush Sawtelle Director | Trustee | 1 | $0 |
Jim Koerber Vice President | OfficerTrustee | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $113,046 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $113,046 |
Total Program Service Revenue | $37,408 |
Investment income | $18 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $2,323 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $187,279 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $3,500 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $51,674 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,953 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $500 |
Fees for services: Accounting | $7,192 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $4,099 |
Office expenses | $510 |
Information technology | $523 |
Royalties | $0 |
Occupancy | $6,563 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,636 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,259 |
Insurance | $6,045 |
All other expenses | $5,507 |
Total functional expenses | $136,886 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,306 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $210 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $853 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,730,026 |
Total assets | $1,739,395 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,278,999 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,278,999 |
Net assets without donor restrictions | $460,396 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,739,395 |