Nonprofit · EIN 20-3406778
MAIN STREET OF STERLING INC
Tax-exempt · STERLING, IL 61081
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $307,950 | $308,572 | -$622 | $622,371 | $8,678 | $613,693 |
| December 31, 2024 | 990 | $358,284 | $333,133 | $25,151 | $620,023 | $5,708 | $614,315 |
| December 31, 2023 | 990 | $444,975 | $257,978 | $186,997 | $595,581 | $6,405 | $589,176 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $224,710
- Program service revenue
- $478
- Investment income
- $1,429
- Net income from fundraising events
- $49,534
- Other revenue
- $81,333
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $76,850
- Other salaries and wages
- $44,790
- Salaries, compensation and benefits (total)
- $134,498
- Professional fundraising fees
- $0
- Accounting fees
- $6,725
- Occupancy
- $62,520
- Travel
- $1,898
- Depreciation
- $16,408
- Program services (functional)
- $226,160
- Management and general (functional)
- $82,412
Balance sheet and other
- Total assets, start of year
- $620,023
- Total assets, end of year
- $622,371
- Total liabilities, end of year
- $8,678
- Net assets, end of year
- $613,693
- Land, buildings and equipment
- $501,045
- Net assets without donor restrictions
- $613,693
- Gross receipts
- $326,608
- Employees
- 4
- State of legal domicile
- IL
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JANNA GROHARING | EXECUTIVE DI Officer | 40 | $76,850 |
| TYGEN BAUSMAN | DIRECTOR Trustee or director | 1 | $0 |
| BRIAN CARRADUS | VICE PRESIDE Trustee or director | 1 | $0 |
| BRANDI CROSS | DIRECTOR Trustee or director | 1 | $0 |
| MICKI DETTMAN | DIRECTOR Trustee or director | 1 | $0 |
| ROBIN DUNCAN | PRESIDENT Trustee or director | 1 | $0 |
| JODIE GAFFEY | DIRECTOR Trustee or director | 1 | $0 |
| ANNA GARCIA | DIRECTOR Trustee or director | 1 | $0 |
| ERYN PEARLMAN | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JANNA GROHARING | EXECUTIVE DI Officer | 40 | $76,850 |
| BRIAN CARRADUS | VICE PRESIDE Trustee or director | 1 | $0 |
| BRANDI CROSS | DIRECTOR Trustee or director | 1 | $0 |
| MICKI DETTMAN | DIRECTOR Trustee or director | 1 | $0 |
| ROBIN DUNCAN | PRESIDENT Trustee or director | 1 | $0 |
| KAITLYN EKQUIST | DIRECTOR Trustee or director | 1 | $0 |
| JODIE GAFFEY | DIRECTOR Trustee or director | 1 | $0 |
| ANNA GARCIA | DIRECTOR Trustee or director | 1 | $0 |
| MIKE SPRAGUE | SECRETARY Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JANNA GROHARING | EXECUTIVE DI Officer | 40 | $74,840 |
| JOE BRIGHT | DIRECTOR Trustee or director | 1 | $0 |
| JON BYAR | TREASURER Trustee or director, Officer | 1 | $0 |
| BRIAN CARRADUS | DIRECTOR Trustee or director | 1 | $0 |
| MICKI DETTMAN | DIRECTOR Trustee or director | 1 | $0 |
| ROBIN DUNCAN | DIRECTOR Trustee or director | 1 | $0 |
| JODIE GAFFEY | DIRECTOR Trustee or director | 1 | $0 |
| ANNA GARCIA | DIRECTOR Trustee or director | 1 | $0 |
| BRIAN GRUMMERT | PAST PRESIDE Trustee or director, Officer | 1 | $0 |
| NICK LAREAU | INTERIM-PRES Trustee or director, Officer | 1 | $0 |
| MIKE SPRAGUE | SECRETARY Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 15 E 3RD ST, STERLING, IL 61081-3614
- In care of
- % EDSON COX
- Principal officer (990 for 2025)
- ROBIN DUNCAN, 908 4TH AVE, STERLING, IL 61081
- Signed the 990
- ROBIN DUNCAN, PRESIDENT
- Phone
- (815) 626-8610
- Return prepared by
- MCFALLS BERGE & ASSOCIATES PLLC
Mission
PROMOTION OF CENTRAL BUSINESS DISTRICT
Program accomplishments
- PROMOTION OF STERLING'S CENTRAL BUSINESS DISTRICT THROUGH SUPPORTING THE EFFORTS OF RETAILERS, PROMOTION OF TOURISM, PRESERVATION OF HISTORICALLY SIGNIFICANT BUILDINGExpenses $215,796
- PROMOTION OF STERLING'S CENTRAL BUSINESS DISTRICT THROUGH SUPPORTING THE EFFORTS OF RETAILERS, PROMOTION OF TOURISM, PRESERVATION OF HISTORICALLY SIGNIFICANT BUILDINGExpenses $10,364
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-3406778
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $622,371
- Income (IRS master file)
- $326,608
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $307,950 | $308,572 | $622,371 | XML |
| 990 | December 2024 | $358,284 | $333,133 | $620,023 | XML |
| 990 | December 2023 | $444,975 | $257,978 | $595,581 | XML |
| 990 | December 2022 | $417,760 | $241,455 | $407,926 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 20-3406778).
Questions about MAIN STREET OF STERLING INC
- What is the EIN of MAIN STREET OF STERLING INC?
- The employer identification number (EIN) of MAIN STREET OF STERLING INC is 20-3406778.
- Is MAIN STREET OF STERLING INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to MAIN STREET OF STERLING INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MAIN STREET OF STERLING INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MAIN STREET OF STERLING INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MAIN STREET OF STERLING INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MAIN STREET OF STERLING INC?
- The 990 for the year ended December 31, 2025 names ROBIN DUNCAN.
- Who are the officers and directors of MAIN STREET OF STERLING INC?
- The 990 for the year ended December 31, 2025 lists 9 people; 1 received compensation from the organization, the highest $76,850 (JANNA GROHARING, EXECUTIVE DI).
- How much revenue does MAIN STREET OF STERLING INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $307,950, expenses of $308,572 and total assets of $622,371 at year end.
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All nonprofits in STERLING · Illinois · Community improvement and capacity building