Nonprofit · EIN 75-3231508
DOWNTOWN SOUTHPORT INC
Also known as PEGGY MC DONALD
Tax-exempt · SOUTHPORT, NC 28461
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $3,535 | $25,260 | -$21,725 | $11,518 | $2,200 | $9,318 |
| December 31, 2024 | 990-EZ | $6,806 | $45,354 | -$38,548 | $31,043 | – | $31,043 |
| December 31, 2023 | 990-EZ | $63,893 | $69,836 | -$5,943 | $75,749 | $6,155 | $69,594 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $35
- Program service revenue
- $3,500
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $5,429
- Printing, publications and postage
- $948
- Other expenses
- $18,883
- Program services (functional)
- $21,187
Balance sheet and other
- Total assets, start of year
- $31,043
- Total assets, end of year
- $11,518
- Total liabilities, end of year
- $2,200
- Net assets, end of year
- $9,318
- Cash, savings and investments
- $11,518
- Gross receipts
- $3,535
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PEGGY POPELARS | TREASURER | 0 | $0 |
| RANDY JONES | PRESIDENT | 0 | $0 |
| DOTIE NIXA | SECRETARY | 0 | $0 |
| EMILY HUMPHREYS | BOARD MEMBER | 0 | $0 |
| MARION MARTIN | BOARD MEMBER | 0 | $0 |
| MARY ELLEN POOLE | BOARD MEMBER | 0 | $0 |
| PAM LEWIS | VICE-PRESIDE | 0 | $0 |
| PAUL FISHER | BOARD MEMBER | 0 | $0 |
990-EZ for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PEGGY POPELARS | TREASURER | 0 | $0 |
| RANDY JONES | PRESIDENT | 0 | $0 |
| DOTIE NIXA | SECRETARY | 0 | $0 |
| EMILY HUMPHREYS | BOARD MEMBER | 0 | $0 |
| MARION MARTIN | BOARD MEMBER | 0 | $0 |
| MARY ELLEN POOLE | BOARD MEMBER | 0 | $0 |
| PAM LEWIS | VICE-PRESIDE | 0 | $0 |
| PAUL FISHER | BOARD MEMBER | 0 | $0 |
990-EZ for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PEGGY POPELARS | PRESIDENT | 5 | $0 |
| TISH HATEM | VICE PRESIDE | 1 | $0 |
| DOTIE NIXA | SECRETARY | 2 | $0 |
| EMILY HUMPHREYS | BOARD MEMBER | 2 | $0 |
| MARION MARTIN | BOARD MEMBER | 2 | $0 |
| MARY ELLEN POOLE | BOARD MEMBER | 2 | $0 |
| LINDA PUKENAS | BOARD MEMBER | 2 | $0 |
| PAUL FISHER | BOARD MEMBER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 10127, SOUTHPORT, NC 28461-0127
- In care of
- % PEGGY POPELARS
- Mailing address (990-N for 2015)
- P O Box 10127, Southport NC 28461
- Principal officer (990-N for 2015)
- Joe Pat Hatem, P O Box 10127, Southport NC 28461
- Signed the 990-EZ
- PEGGY POPELARS, TREASURER
- Phone
- (910) 454-9608
- Website
- WWW.DOWNTOWNSOUTHPORT.ORG
- Return prepared by
- THOMPSON PRICE SCOTT ADAMS & CO PA
Mission
THE ORGANIZATION REPRESENTS THE CITY OF SOUTHPORT AS PART OF MAIN STREET USA AND PROMOTES THE CULTURAL, HISTORICAL AND ECONOMIC GROWTH. DOWNTOWN SOUTHPORT IS DEDICATED TO PRESERVING THE HERITAGE AND CHARM OF SOUTHPORT. THE ORGANIZATION ENCOURAGES AND SUPPORT PRESERVATION PROJECTS, CULTRUAL ACTIVITIES, EDUCATION PROGRAMS, TOURISM, AS WELL AS, ECONOMIC GROWTH IN THE DOWNTOWN AREA, MAKING DOWNTOWN SOUTHPORT A VITAL, VIBRANT, YEAR-ROUND COMMUNITY FOR CITIENS AND GUESTS.
Program accomplishments
- MAY-NIA MARKET RECRUITS DIVERSE BUSINESSES AND ENCOURAGES ECONOMIC DEVELOPMENT.Expenses $5,094
- WINTER FESTIVAL/SPT FLOTILLA PROMOTERS SOUTHPORT AS A YEAR ROUND BUSINESS, CULTRUAL AND ENTERAINMENT LOCATION FOR RESIDENTS AND VISITORS.Expenses $98
- SPECIAL PROJECTS: WAYFINDING KIOSK; BRONZE STATUES; PLANTERS; PROVIDE CULTURAL, EDUCATIONAL, HISTORICAL AND ENVIRONMENTAL ENHANCEMENTS TO THE CITY OF SOUTHPORT FOR RESIDENTS AND VISTORS.
- MAY-NIA FESTIVAL PROMOTERS SOUTHPORT AS A YEAR ROUND BUSINESS.Expenses $15,995
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 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-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 75-3231508
- 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
- 2007
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $11,518
- Income (IRS master file)
- $3,535
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $3,535 | $25,260 | $11,518 | XML |
| 990-EZ | December 2024 | $6,806 | $45,354 | $31,043 | IRS |
| 990-EZ | December 2023 | $63,893 | $69,836 | $75,749 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2015 Officer: Joe Pat Hatem | June 30, 2016 | ≤ $50,000 receipts | – | – | e-Postcard |
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 75-3231508).
Questions about DOWNTOWN SOUTHPORT INC
- What is the EIN of DOWNTOWN SOUTHPORT INC?
- The employer identification number (EIN) of DOWNTOWN SOUTHPORT INC is 75-3231508.
- Is DOWNTOWN SOUTHPORT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to DOWNTOWN SOUTHPORT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DOWNTOWN SOUTHPORT INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of DOWNTOWN SOUTHPORT 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 DOWNTOWN SOUTHPORT INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of DOWNTOWN SOUTHPORT INC?
- The 990-N for 2015 names Joe Pat Hatem.
- Who are the officers and directors of DOWNTOWN SOUTHPORT INC?
- The 990-EZ for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does DOWNTOWN SOUTHPORT INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $3,535, expenses of $25,260 and total assets of $11,518 at year end.
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All nonprofits in SOUTHPORT · North Carolina · Community improvement and capacity building