2025-09-15T18:10:57Z 2024-12-31 990EZ 2024-01-01 842283406 HASTINGS DOWNTOWN BUSINESS ASSOCIATION HAST PO BOX 541 HASTINGS MN 550330541 Wendi Ann Shilts-Johnson Treasurer 2025-09-15 2024 2025-03-06 01:10:19Z X X https://hastingsdba.com/ X X 66810 X 13006 41750 9281 0 0 0 0 0 0 0 0 2773 0 2773 66810 6000 0 0 13445 0 3392 21725 44562 22248 21717 -168 43797 14417 36497 0 0 7300 7300 21717 43797 21717 43797 The organizations primary exempt purpose is to promote the vitality of downtown Hastings through community engagement, economic development, and cultural enrichment. By organizing public events, supporting small businesses, and preserving the historic character of the area, the organization fosters a strong sense of community pride and encourages local participation in civic and economic life. Continued to beautify the downtown district through seasonal lighting displays and maintenance, helping draw foot traffic and support local businesses. 19115 Enhanced member value through networking opportunities, printed promotional materials, and collaborative downtown marketing. 6000 Supported community events and local nonprofits through sponsorships and funding partnerships that contributed to a vibrant downtown environment. 6000 Managed merchandise, light advertising, and event-related support services as part of long-term visibility and fundraising initiatives. 4000 35115 Jill Ragan Scully Vice President 2.00 0 0 0 Tatia Nelson President 7.00 0 0 0 Amy Fox Co-Secretary 2.00 0 0 0 Jeff Carter Treasurer 3.00 0 0 0 Jen Fox Co-Secretary 2.00 0 0 0 false false false false false false false false false MN Wendi Shilts-Johnson Treasurer 205 2nd St E Hastings MN 55033 6518299670 false false false false false false false false false false false false NONE 0 NONE 0 true X 0 12098 27484 59081 47702 64737 211102 12098 27484 59081 47702 64737 211102 211102 211102 1.00000 1.00000 X Part I, Line 10 The organization provided $6,000 in sponsorships to local organizations to support downtown-related events and initiatives. These grants are aligned with the organizations mission to promote the downtown district. Part I, Line 16 Other expenses included: Holiday lights and décor: $19,115 Supplies and materials: $538 Insurance: $598 Advertising: $300 Part I, Line 20 During year-end reconciliation for the 2024 return, a discrepancy of $168 was identified, originating from a prior period accounting error that carried forward incorrectly. This adjustment was necessary to correct the beginning net asset balance and ensure accuracy in reporting. The correction reflects proper alignment of financial records and does not represent current-year income or expenses. This adjustment was made solely for the purpose of reconciling fund balances accurately and maintaining consistency across returns. The organization was in the process of reinstating its tax-exempt status following automatic revocation for prior non-filing. Although we submitted Forms 990-EZ for 20222024 as soon as we received our reinstatement letter, our original 2024 return was submitted by paper and later returned by the IRS, indicating that it must be filed electronically. This created additional delay while we transitioned to the proper e-filing method. We have taken responsible steps to correct past issues, including reinstatement of our exempt status, implementation of a compliance calendar, and education of board members on IRS filing obligations. We are now current and compliant, and this filing completes the resolution of our previous filing issues. Our failure to file on time was not intentional, and we respectfully request that the IRS accept this return as timely filed under reasonable cause.