Main Street Foundation

Organization Overview

Main Street Foundation is located in Austin, TX. The organization was established in 2000. According to its NTEE Classification (W02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Main Street Foundation 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 Foundation generated $816.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTE DEVELOPMENT OF COMMUNITY BANKERS AND TEACH FINANCIAL LITERACY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMMUNITY BANK EDUCATION INCLUDES A BLEND OF PRACTICAL ONE-FIVE DAY INSTRUCTOR-LED/ONLINE SEMINARS AND BANKING SCHOOLS THAT FOCUS ON RULES AND REGULATIONS THAT GOVERN LENDING, INVESTMENT AND OPERATIONAL PRACTICES IN COMMUNITY BANKS.


SCHOLARSHIP PROGRAM FOR EMPLOYEES OF ANY MEMBER BANK TO ATTEND A SPECIFIC BANKING SCHOOL.


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Board, Officers & Key Employees

Name (title)Compensation
Shay Iacoponelli
President
$113,834
Ursula Jimenez
Secretary/tr
$3,043
Hazem Ahmed
Chair
$0
Jonathan Galeano
Director (01
$0
Daniel Galindo
Director
$0
Brian Marek
Director
$0

Financial Statements

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$232,447
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$232,447
Total Program Service Revenue$575,782
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $8,040
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $816,564

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