Nonprofit · EIN 20-1442663
MAIN DEVELOPMENT GROUP INC
Tax-exempt · PHILADELPHIA, PA 19150
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $13,920 | $34,480 | -$20,560 | $504,241 | $2,493 | $501,748 |
| June 30, 2024 | 990 | $21,476 | $41,194 | -$19,718 | $524,997 | $2,689 | $522,308 |
| June 30, 2023 | 990 | $30,272 | $38,963 | -$8,691 | $549,597 | $7,571 | $542,026 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $13,920
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $3,294
- Depreciation
- $15,984
Balance sheet and other
- Total assets, start of year
- $524,997
- Total assets, end of year
- $504,241
- Total liabilities, end of year
- $2,493
- Net assets, end of year
- $501,748
- Land, buildings and equipment
- $469,569
- Net assets without donor restrictions
- $501,748
- Gross receipts
- $13,920
- Employees
- 0
- Volunteers
- 3
- Year formed
- 2004
- State of legal domicile
- PA
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 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KIMBERLY LLOYD | PRESIDENT/CEO Trustee or director, Officer | 1 | $0 | $283,979 | $10,390 |
| PHYLISS BENSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DR MUJAHID NYAHUMA | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DEACON MICHAEL BENNETT | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KIMBERLY LLOYD | PRESIDENT/CEO Trustee or director, Officer | 1 | $0 | $318,928 | $28,127 |
| PHYLISS BENSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DR MUJAHID NYAHUMA | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MICHAEL BENNETT | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KIMBERLY LLOYD | PRESIDENT/CEO Trustee or director, Officer | 1 | $0 | $278,928 | $11,512 |
| PHYLISS BENSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DR MUJAHID NYAHUMA | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MICHAEL BENNETT | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2502 W CHELTENHAM AVE, PHILADELPHIA, PA 19150-1403
- In care of
- % KIMBERLY LLOYD
- Principal officer (990 for 2024)
- KIMBERLY LLOYD, 2502 W CHELTENHAM AVE, PHILADELPHIA, PA 19150
- Signed the 990
- KIMBERLY LLOYD, PRESIDENT
- Phone
- (215) 224-6496
- Return prepared by
- CBIZ ADVISORS LLC
Mission
HOLD TITLE TO PROPERTY AND COLLECT INCOME FOR THE BENEFIT OF OGONTZ AVENUE REVITALIZATION CORPORATION, A 501(C)(3) TAX EXEMPT ORGANIZATION.
Program accomplishments
- HOLD TITLE TO PROPERTY AND COLLECT INCOME FOR THE BENEFIT OF OGONTZ AVENUE REVITALIZATION CORPORATION, A 501(C)(3) TAX EXEMPT ORGANIZATION.
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-1442663
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 2007
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S47)
- Assets (IRS master file)
- $504,241
- Income (IRS master file)
- $13,920
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $13,920 | $34,480 | $504,241 | IRS |
| 990 | June 2024 | $21,476 | $41,194 | $524,997 | IRS |
| 990 | June 2023 | $30,272 | $38,963 | $549,597 | XML |
| 990 | June 2022 | $25,856 | $48,168 | $558,102 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 20-1442663).
Questions about MAIN DEVELOPMENT GROUP INC
- What is the EIN of MAIN DEVELOPMENT GROUP INC?
- The employer identification number (EIN) of MAIN DEVELOPMENT GROUP INC is 20-1442663.
- Is MAIN DEVELOPMENT GROUP INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 2007.
- Are donations to MAIN DEVELOPMENT GROUP INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MAIN DEVELOPMENT GROUP INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of MAIN DEVELOPMENT GROUP INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MAIN DEVELOPMENT GROUP INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MAIN DEVELOPMENT GROUP INC?
- The 990 for the year ended June 30, 2025 names KIMBERLY LLOYD.
- Who are the officers and directors of MAIN DEVELOPMENT GROUP INC?
- The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does MAIN DEVELOPMENT GROUP INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $13,920, expenses of $34,480 and total assets of $504,241 at year end.
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