Nonprofit · EIN 02-0552826
SOUTH MAIN SHOPPING CENTER
Tax-exempt · ROCKFORD, IL 61101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2024 | 990-EZ | -$4,809 | $11,151 | -$15,960 | $38,262 | – | $38,262 |
| September 30, 2023 | 990-EZ | $13,960 | $11,415 | $2,545 | $54,482 | $260 | $54,222 |
Financial details: 990-EZ for the year ended September 30, 2024
Revenue
- Program service revenue
- $14,967
- Net gain from sales of assets
- -$19,776
Expenses
- Compensation of officers, directors and key employees
- $184,150
- Professional fees and payments to contractors
- $8,352
- Other expenses
- $2,799
Balance sheet and other
- Total assets, start of year
- $54,482
- Total assets, end of year
- $38,262
- Total liabilities, end of year
- –
- Net assets, end of year
- $38,262
- Cash, savings and investments
- $20,867
- Gross receipts
- $39,967
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended September 30, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN PHELPS | EXECUTIVE DI | 2 | $184,150 | $9,208 |
| TODD CAGNONI | ASSISTANT TR | 1 | $0 | – |
| EARL DOTSON JR | DIRECTOR | 1 | $0 | – |
| JEFF FAHRENWALD | DIRECTOR | 1 | $0 | – |
| LINDA HECKERT | CHAIR | 1 | $0 | – |
| AUDRA MONCUR | DIRECTOR | 1 | $0 | – |
| ED MUNGUIA | DIRECTOR | 1 | $0 | – |
| J DANIEL O'BOYLE | DIRECTOR | 1 | $0 | – |
| MICHELE PETRIE | DIRECTOR | 1 | $0 | – |
| BRIAN PETERSON | PAST CHAIRMA | 1 | $0 | – |
| JAMES RYAN | SECRETARY | 1 | $0 | – |
| KARL SWANSON | VICE CHAIR | 1 | $0 | – |
| MICHAEL G SCHULTZ | TREASURER | 1 | $0 | – |
| KAREN WALSH | DIRECTOR | 1 | $0 | – |
| BRENTEN WITHERBY | ASSISTANT SE | 1 | $0 | – |
990-EZ for the year ended September 30, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN PHELPS | EXECUTIVE DI | 2 | $180,962 | $9,048 |
| DONALD BANKS | DIRECTOR | 1 | $0 | – |
| TODD CAGNONI | DIRECTOR | 1 | $0 | – |
| EARL DOTSON JR | DIRECTOR | 1 | $0 | – |
| JEFF FAHRENWALD | DIRECTOR | 1 | $0 | – |
| LINDA HECKERT | CHAIR | 1 | $0 | – |
| KENT KOHLBACHER | DIRECTOR | 1 | $0 | – |
| AUDRA MONCUR | DIRECTOR | 1 | $0 | – |
| ED MUNGUIA | VICE CHAIR | 1 | $0 | – |
| J DANIEL O'BOYLE | DIRECTOR | 1 | $0 | – |
| MICHELE PETRIE | DIRECTOR | 1 | $0 | – |
| BRIAN PETERSON | PAST CHAIRMA | 1 | $0 | – |
| JAMES RYAN | SECRETARY | 1 | $0 | – |
| KARL SWANSON | ASSISTANT TR | 1 | $0 | – |
| MICHAEL G SCHULTZ | TREASURER | 1 | $0 | – |
| KAREN WALSH | DIRECTOR | 1 | $0 | – |
| JANESSA WILKINS | EX OFFICIO | 1 | $0 | – |
| BRENTEN WITHERBY | ASSISTANT SE | 1 | $0 | – |
Address and contacts
- Address (IRS master file)
- 120 WEST STATE STREET, ROCKFORD, IL 61101-1125
- Mailing address (990-N for 2024)
- 120 WEST STATE STREET, ROCKFORD IL 61101
- Principal officer (990-N for 2024)
- JOHN PHELPS, 120 WEST STATE STREET, ROCKFORD IL 61101
- Signed the 990-EZ
- JOHN PHELPS, EXECUTIVE DIRECTOR
- Phone
- (815) 987-8675
- Return prepared by
- BENNING GROUP LLC
Mission
TO ADVANCE THE COMMERCIAL INDUSTRIAL AND GENERAL WELFARE OF THE CITY OF ROCKFORD
Program accomplishments
- TO PROVIDE AND ATTRACT MORE QUALITY RETAIL GOODS AND SERVICES, PROVIDE JOBS FOR NEIGHBORHOOD RESIDENTS, ELIMINATE BLIGHT AND RETURN A BROWNFIELD SITE TO USE
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990-N on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990-EZ on file |
IRS record
- EIN
- 02-0552826
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 2002
- Accounting year ends
- September
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S47)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2024 Officer: JOHN PHELPS | September 30, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | September 2024 | -$4,809 | $11,151 | $38,262 | XML |
| 990-EZ | September 2023 | $13,960 | $11,415 | $54,482 | XML |
| 990-EZ | September 2022 | – | – | – | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 02-0552826).
Questions about SOUTH MAIN SHOPPING CENTER
- What is the EIN of SOUTH MAIN SHOPPING CENTER?
- The employer identification number (EIN) of SOUTH MAIN SHOPPING CENTER is 02-0552826.
- Is SOUTH MAIN SHOPPING CENTER tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 2002.
- Are donations to SOUTH MAIN SHOPPING CENTER tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SOUTH MAIN SHOPPING CENTER file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of SOUTH MAIN SHOPPING CENTER due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOUTH MAIN SHOPPING CENTER last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2024 for the year ended September 30, 2025.
- Who is the principal officer of SOUTH MAIN SHOPPING CENTER?
- The 990-N for 2024 names JOHN PHELPS.
- Who are the officers and directors of SOUTH MAIN SHOPPING CENTER?
- The 990-EZ for the year ended September 30, 2024 lists 15 people; 1 received compensation from the organization, the highest $184,150 (JOHN PHELPS, EXECUTIVE DI).
- How much revenue does SOUTH MAIN SHOPPING CENTER have?
- On its 990-EZ for the year ended September 30, 2024 it reported revenue of -$4,809, expenses of $11,151 and total assets of $38,262 at year end.
Other nonprofits in ROCKFORD
- ROCK RIVER DEVELOPMENT PARTNERSHIP INC EIN 27-1153597 · last filed 990 for 2024
- AFRICAN-AMERICAN RESOURCE CENTER AT BOOKER EIN 47-1392289 · last filed 990 for 2025
- NORTHERN ILLINOIS CENTER FOR NONPROFIT EXCELLENCE EIN 82-3303333 · last filed 990 for 2025
- ROCKFORD AREA CONVENTION & VISITORS BUREAU CHARITABLE FOUNDATION EIN 47-4742025 · last filed 990 for 2025
- ROCKFORD COMMUNITY INVESTMENT FUND EIN 87-4616912 · last filed 990 for 2025
- ROCKFORD PIPE TRADES LABOR MANAGEMENT COOPERATION COUNCIL EIN 26-2258555 · last filed 990 for 2024
- ILLINOIS LAND TITLE ASSOCIATION EIN 37-6046634 · last filed 990 for 2025
- KIWANIS CHARITIES OF ROCKFORD INC EIN 36-6167609 · last filed 990 for 2025
All nonprofits in ROCKFORD · Illinois · Community improvement and capacity building