Main Street Mount Pleasant

“The board and the excutive director will review form 990 before filing the tax return.”

“It is the responsiblity of the officer or director to bring any conflicts of interest that he or she might have to the attention of the full board of directors so the issue can be reviewed by the entire board.”

“Documents are available upon request.”

“Mount pleasant area operation pride inc operates as main street mount pleasant. The mission of main street mount pleasant is to stimulate economic development, strengthen the economic and cultural vitality, nurture a creative mix of activities, environments and experiences, and provide energy, leadership and support for public/private initiatives that encourage the growth and vitality of downtown mount pleasant by promoting downtown as an exciting place to live, shop and invest.”

“In 2012, mount pleasant area operation pride formed a limited liabliity company, union block llc, to rehab a large historial building on the square in mount pleasant, iowa. The building had been damaged by a fire a few years prior to 2012 and the prior owners did not repair the building following the fire. If the building had been taken down, it would have removed half of the store fronts from the north side of the downtown square. Union block llc obtained grants and donations to fund the rehab of the building. The rehab of the building was completed in 2015. This organization continues to host fundraising and apply for grants to reduce the debt related to the rehab of the building. The union block llc rents out retail store fronts on the main level, office space on the second level, and the third level is a special event space.”

“The executive director of this organization received her compensation from an unrelated non profit that this organization shares office space with. This organization then reimburses the other non profit for all of the executive directors compensation and its related taxes and benefits. The executive directors compensation has been treated as management fees on the statement of functional expenses for this tax return.”