Civic Intelligence

Okeechobee Main Street Inc

990 • Fiscal year 2016 • EIN 65-0887929

Oct 01, 2015 to Sep 30, 2016 • Filed on May 12, 2017

55 South Parrott AvenueOkeechobee, FL 34974

(863) 357-6246

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

69th percentile

0.02x

Higher debt load relative to revenue than 69% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

58th percentile

6.6%

Higher net margin than 58% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

74th percentile

23%

Faster asset growth than 74% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

31st percentile

-12%

Faster revenue growth than 31% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$135,115

Up $25,524 (+23%) from 2015

Net Assets

Up

$133,560

Up $24,948 (+23%) from 2015

Liabilities

Up

$1,555

Up $576 (+59%) from 2015

Revenue

Down

$77,756

Down $11,099 (-12%) from 2015

Expenses

Down

$72,596

Down $15,817 (-18%) from 2015

Net Income

Up

$5,160

Up $4,718 (+1067%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2011: $96,276Liabilities 2011: $291Net Assets 2011: $95,9852011Assets 2012: $102,030Liabilities 2012: $525Net Assets 2012: $101,5052012Assets 2013: $72,486Liabilities 2013: $665Net Assets 2013: $71,8212013Assets 2014: $82,667Liabilities 2014: $0Net Assets 2014: $82,6672014Assets 2015: $109,591Liabilities 2015: $979Net Assets 2015: $108,6122015Assets 2016: $135,115Liabilities 2016: $1,555Net Assets 2016: $133,5602016Assets 2017: $116,222Liabilities 2017: $1,555Net Assets 2017: $114,6672017Assets 2018: $86,387Liabilities 2018: $1,408Net Assets 2018: $84,9792018Assets 2019: $180,561Liabilities 2019: $4,562Net Assets 2019: $175,9992019Assets 2020: $246,646Liabilities 2020: $9,242Net Assets 2020: $237,4042020Assets 2021: $349,971Liabilities 2021: $2,241Net Assets 2021: $347,7302021Assets 2022: $153,669Liabilities 2022: $4,159Net Assets 2022: $149,5102022Assets 2023: $138,935Liabilities 2023: $2,422Net Assets 2023: $136,5132023Assets 2024: $109,767Liabilities 2024: $138Net Assets 2024: $109,6292024

Highlighted filing

2016

Assets$135,115
Liabilities$1,555
Net Assets$133,560

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $79,162Expenses 2011: $75,621Net Income 2011: $3,5412011Revenue 2012: $113,958Expenses 2012: $108,438Net Income 2012: $5,5202012Expenses 2013: $128,4212013Revenue 2014: $89,838Expenses 2014: $78,992Net Income 2014: $10,8462014Revenue 2015: $88,855Expenses 2015: $88,413Net Income 2015: $4422015Revenue 2016: $77,756Expenses 2016: $72,596Net Income 2016: $5,1602016Revenue 2017: $51,115Expenses 2017: $70,008Net Income 2017: -$18,8932017Revenue 2018: $42,732Expenses 2018: $72,480Net Income 2018: -$29,7482018Revenue 2019: $66,322Expenses 2019: $66,663Net Income 2019: -$3412019Revenue 2020: $147,323Expenses 2020: $83,139Net Income 2020: $64,1842020Revenue 2021: $177,850Expenses 2021: $67,524Net Income 2021: $110,3262021Revenue 2022: $550,870Expenses 2022: $749,040Net Income 2022: -$198,1702022Revenue 2023: $194,339Expenses 2023: $207,336Net Income 2023: -$12,9972023Revenue 2024: $81,302Expenses 2024: $108,185Net Income 2024: -$26,8832024

Highlighted filing

2016

Revenue$77,756
Expenses$72,596
Net Income$5,160
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
May 12, 2017
Return Version
2015v3.0
Gross Receipts
$77,756
Mission and Program Overview

Mission

Okeechobee main street is organized for the purpose of promoting the historical value, economic development, and social welfare of the downtown area of the city of okeechobee and okeechobee county as a whole.

The main street program is designed to improve all aspects of the downtown or central business district, producing both tangible and intangible benefits. Improving economic management, strengthening public participation, and making downtown a fun place to visit are as critical to main street's future as recruiting new businesses, rehabilitating buildings, and expanding parking. Building on downtown's inherent assets -- rich architecture, personal service, and traditional values and most of all, a sense of place -- the main street approach has rekindled entrepreneurship, downtown cooperation and civic concern. It has earned national recognition as a practical strategy appropriately scaled to a community's local resources and conditions. And because it is a locally driven program, all initiative stems from local issues and concerns. Historic okeechobee main street utilizes partnerships, local resources and initiative to support a comprehensive, incremental approach to revitalization buil

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$109,338$119,615▲ $10,277
Accounts Receivable-$15,500-
Land, Buildings, and Equipment, Net$253--
Total Assets$109,591$135,115▲ $25,524
Liabilities
Other Liabilities$979$1,555▲ $576
Total Liabilities$979$1,555▲ $576
Net Assets / Fund Balance
Unrestricted Net Assets$25,212$133,560▲ $108,348
Temporarily Rstr Net Assets$83,400--
Total Net Assets Fund Balance$108,612$133,560▲ $24,948
Total Liabilities and Net Assets / Fund Balance$109,591$135,115▲ $25,524

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$882$882
Compensation and Service Providers

Board Members and Trustees

NameTitle
Maureen BurroughsPresident
Maurissa TremainSecretary
Gary ScherrerTreasurer
Angie GriffinVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$26,998
Program Service Revenue
$50,356
Investment Income
$0
Other Revenue
$402
All Other Contributions
$2,837
Change in Net Assets
$5,160
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$36,970
Other Expenses$35,626
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$24,821$8,274-$33,095
Office Expenses$4,111--$4,111
Payroll Taxes$2,906$969-$3,875
Occupancy$1,378$1,379-$2,757
Insurance$2,146$239-$2,385
Fees for Services Accounting$1,600--$1,600
Advertising$1,540--$1,540
Other Expenses$1,498--$1,498
All Other Expenses$1,418--$1,418
Conferences and Meetings$665$74-$739
Total Functional Expenses$61,661$10,935$0$72,596
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$402
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$778
Credit Card$777
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The board of directors may employ an executive director to provide professional management for main street, and in so doing, shall fix the salary and other considerations of employment.

Form 990, Page 6, Part VI, Line 7A

Eligibility any person, association, corporation, partnership or estate having an interest in the purpose of the organization as expressed in article i, section 2 shall be eligible for membership. Election applications shall be in writing, on forms provided for that purpose, and signed by the applicant. Any applicant shall become a member upon payment of the regularly scheduled dues as provided in section 3 of article ii. Dues membership dues shall be at such rate or rates, schedule or formula as may be from time to time prescribed by the board of directors. Termination any member may resign from main street upon written notice to the board of directors.

Form 990, Page 6, Part VI, Line 7B

In any proceeding in which voting by members is called for, each member in good standing shall be entitled to cast one (1) vote. At any duly called general meeting of main street, 10% of the members shall constitute a quorum: at board meetings, a majority of directors shall constitute a quorum: at committee meetings, a majority shall constitute a quorum except when a committee consists of more than nine (9) members. In that case, five (5) shall constitute a quorum. The affirmative vote of 51% of the general membership, the board of directors and committee members present and entitled to vote, as provided in article ii, section 5 shall be, unless otherwise stated in these bylaws or provided by law, the act of each respective body.

Form 990, Page 6, Part VI, Line 10B

The current edition of robert's rules of order shall be the final source of authority in all questions of parliamentary procedures when such rules are not inconsistent with the charter or bylaws of main street.

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 12C

A conflict of interest may exist when the interests or concerns of any director, officer or staff member, or said person's immediate family, or any party, group or organization to which said person has allegiance, may be seen as competing with the interests or concerns of the corporation. The person concerned shall disclose any possible conflict of interest to the board of directors. When any such conflict of interest is relevant to a matter requiring action by the board of directors, the interested person shall call it to the attention of the board of directors and/or its committee, as the case may be, and such person shall not vote on the matter. Moreover, the person having a conflict shall retire from the room in which the board and/or committee is meeting and shall not participate in the final deliberation or decision regarding the matter under consideration. However, that person shall provide the board and/or committee with any and all relevant information. The minutes of the meeting of the board and/or committee shall reflect that the conflict of interest was disclosed and that the interested person was not present during the final discussion or vote and did not vote. When there is a doubt as to whether a conflict of interest exists, the matter shall be resolved by a vote of the board of directors and/or its committee, excluding the person concerning whose situation the doubt has arisen.

Form 990, Page 6, Part VI, Line 15A

The board of directors may employ an executive director to provide professional management for main street, and in so doing, shall fix the salary and other considerations of employment.

Form 990, Page 6, Part VI, Line 15B

The board of directors shall receive no compensation for their services and shall serve on a strictly voluntary basis.

Form 990, Page 6, Part VI, Line 19

The corporation shall maintain, at its registered office or principle place of business, a record of its membership and all corporate books, records of account and minutes. Any member shall, upon written demand, stating the purpose thereof, have the right to examine, in person or by agent or attorney, at any reasonable time and for proper purpose, relevant corporate books, records of account and minutes and shall have the right to make extractions therefrom.

Filing and Contact Details

Filer

Filer Name
Okeechobee Main Street Inc
EIN
65-0887929
Phone
8633576246
Address
55 SOUTH PARROTT AVENUE, OKEECHOBEE, FL 34974

Signing Officer

Name
Maureen Burroughs
Title
President
Phone
8633576246
Signed
2017-05-12

Organization Details

Principal Officer
Maureen Burroughs
Formed
1999
Legal Domicile
Fl
Voting Board Members
11
Independent Board Members
0
Employees
2

Preparer

Firm
Sims Munson CPA Pllc
Address
319 N PARROTT AVE, OKEECHOBEE, FL 34972-2917
Preparer
Laura K Sims
Phone
8634673000
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The main street program is designed to improve all aspects of the downtown or central business district, producing both tangible and intangible benefits. Improving economic management, strengthening public participation, and making downtown a fun place to visit are as critical to main street's future as recruiting new businesses, rehabilitating buildings, and expanding parking. Building on downtown's inherent assets -- rich architecture, personal service, and traditional values and most of all, a sense of place -- the main street approach has rekindled entrepreneurship, downtown cooperation and civic concern. It has earned national recognition as a practical strategy appropriately scaled to a community's local resources and conditions. And because it is a locally driven program, all initiative stems from local issues and concerns. Historic okeechobee main street utilizes partnerships, local resources and initiative to support a comprehensive, incremental approach to revitalization built around okeechobee's unique heritage and attributes to develop long term economic growth and pride in the traditional area of downtown okeechobee. Incorporating business and property stakeholder input, okeechobee main street will develop projects that will improve all aspects of the downtown and north central business district around the courthouse. The okeechobee main street approach rekindles entrepreneurship, downtown cooperation and civic concern. Because it is a locally driven program, all initiatives stem from local issues and concerns. The okeechobee main street program's success is based on a comprehensive strategy of work, tailored to local needs and opportunities, in four distinctive areas, often referred to as the four point approach. Each of the following approaches has a respective work plan associated with it. By selecting the hyperlink for each approach, the work plan can be reviewed.

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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt015984
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt114769
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt29385
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt38392
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt41220
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt026757
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt052065
IRS990/PYOtherRevenueAmt0495
IRS990/PYProgramServiceRevenueAmt061603
IRS990/PYRevenuesLessExpensesAmt0442
IRS990/PYSalariesCompEmpBnftPaidAmt036348
IRS990/PYTotalExpensesAmt088413
IRS990/PYTotalRevenueAmt088855
IRS990/ReconcilationRevenueExpnssAmt05160
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt026998
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt026757
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt035174
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt027283
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt065358
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0181570
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt050758
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0181570
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt026998
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt026757
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt035174
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt027283
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt065358
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0181570
IRS990ScheduleA/TotalSupportAmt0181570
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0882
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0882
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0778
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1777
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CREDIT CARD
IRS990ScheduleD/TotalLiabilityAmt01555
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MAIN STREET PROGRAM IS DESIGNED TO IMPROVE ALL ASPECTS OF THE DOWNTOWN OR CENTRAL BUSINESS DISTRICT, PRODUCING BOTH TANGIBLE AND INTANGIBLE BENEFITS. IMPROVING ECONOMIC MANAGEMENT, STRENGTHENING PUBLIC PARTICIPATION, AND MAKING DOWNTOWN A FUN PLACE TO VISIT ARE AS CRITICAL TO MAIN STREET'S FUTURE AS RECRUITING NEW BUSINESSES, REHABILITATING BUILDINGS, AND EXPANDING PARKING. BUILDING ON DOWNTOWN'S INHERENT ASSETS -- RICH ARCHITECTURE, PERSONAL SERVICE, AND TRADITIONAL VALUES AND MOST OF ALL, A SENSE OF PLACE -- THE MAIN STREET APPROACH HAS REKINDLED ENTREPRENEURSHIP, DOWNTOWN COOPERATION AND CIVIC CONCERN. IT HAS EARNED NATIONAL RECOGNITION AS A PRACTICAL STRATEGY APPROPRIATELY SCALED TO A COMMUNITY'S LOCAL RESOURCES AND CONDITIONS. AND BECAUSE IT IS A LOCALLY DRIVEN PROGRAM, ALL INITIATIVE STEMS FROM LOCAL ISSUES AND CONCERNS. HISTORIC OKEECHOBEE MAIN STREET UTILIZES PARTNERSHIPS, LOCAL RESOURCES AND INITIATIVE TO SUPPORT A COMPREHENSIVE, INCREMENTAL APPROACH TO REVITALIZATION BUILT AROUND OKEECHOBEE'S UNIQUE HERITAGE AND ATTRIBUTES TO DEVELOP LONG TERM ECONOMIC GROWTH AND PRIDE IN THE TRADITIONAL AREA OF DOWNTOWN OKEECHOBEE. INCORPORATING BUSINESS AND PROPERTY STAKEHOLDER INPUT, OKEECHOBEE MAIN STREET WILL DEVELOP PROJECTS THAT WILL IMPROVE ALL ASPECTS OF THE DOWNTOWN AND NORTH CENTRAL BUSINESS DISTRICT AROUND THE COURTHOUSE. THE OKEECHOBEE MAIN STREET APPROACH REKINDLES ENTREPRENEURSHIP, DOWNTOWN COOPERATION AND CIVIC CONCERN. BECAUSE IT IS A LOCALLY DRIVEN PROGRAM, ALL INITIATIVES STEM FROM LOCAL ISSUES AND CONCERNS. THE OKEECHOBEE MAIN STREET PROGRAM'S SUCCESS IS BASED ON A COMPREHENSIVE STRATEGY OF WORK, TAILORED TO LOCAL NEEDS AND OPPORTUNITIES, IN FOUR DISTINCTIVE AREAS, OFTEN REFERRED TO AS THE FOUR POINT APPROACH. EACH OF THE FOLLOWING APPROACHES HAS A RESPECTIVE WORK PLAN ASSOCIATED WITH IT. BY SELECTING THE HYPERLINK FOR EACH APPROACH, THE WORK PLAN CAN BE REVIEWED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS MAY EMPLOY AN EXECUTIVE DIRECTOR TO PROVIDE PROFESSIONAL MANAGEMENT FOR MAIN STREET, AND IN SO DOING, SHALL FIX THE SALARY AND OTHER CONSIDERATIONS OF EMPLOYMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ELIGIBILITY ANY PERSON, ASSOCIATION, CORPORATION, PARTNERSHIP OR ESTATE HAVING AN INTEREST IN THE PURPOSE OF THE ORGANIZATION AS EXPRESSED IN ARTICLE I, SECTION 2 SHALL BE ELIGIBLE FOR MEMBERSHIP. ELECTION APPLICATIONS SHALL BE IN WRITING, ON FORMS PROVIDED FOR THAT PURPOSE, AND SIGNED BY THE APPLICANT. ANY APPLICANT SHALL BECOME A MEMBER UPON PAYMENT OF THE REGULARLY SCHEDULED DUES AS PROVIDED IN SECTION 3 OF ARTICLE II. DUES MEMBERSHIP DUES SHALL BE AT SUCH RATE OR RATES, SCHEDULE OR FORMULA AS MAY BE FROM TIME TO TIME PRESCRIBED BY THE BOARD OF DIRECTORS. TERMINATION ANY MEMBER MAY RESIGN FROM MAIN STREET UPON WRITTEN NOTICE TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IN ANY PROCEEDING IN WHICH VOTING BY MEMBERS IS CALLED FOR, EACH MEMBER IN GOOD STANDING SHALL BE ENTITLED TO CAST ONE (1) VOTE. AT ANY DULY CALLED GENERAL MEETING OF MAIN STREET, 10% OF THE MEMBERS SHALL CONSTITUTE A QUORUM: AT BOARD MEETINGS, A MAJORITY OF DIRECTORS SHALL CONSTITUTE A QUORUM: AT COMMITTEE MEETINGS, A MAJORITY SHALL CONSTITUTE A QUORUM EXCEPT WHEN A COMMITTEE CONSISTS OF MORE THAN NINE (9) MEMBERS. IN THAT CASE, FIVE (5) SHALL CONSTITUTE A QUORUM. THE AFFIRMATIVE VOTE OF 51% OF THE GENERAL MEMBERSHIP, THE BOARD OF DIRECTORS AND COMMITTEE MEMBERS PRESENT AND ENTITLED TO VOTE, AS PROVIDED IN ARTICLE II, SECTION 5 SHALL BE, UNLESS OTHERWISE STATED IN THESE BYLAWS OR PROVIDED BY LAW, THE ACT OF EACH RESPECTIVE BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CURRENT EDITION OF ROBERT'S RULES OF ORDER SHALL BE THE FINAL SOURCE OF AUTHORITY IN ALL QUESTIONS OF PARLIAMENTARY PROCEDURES WHEN SUCH RULES ARE NOT INCONSISTENT WITH THE CHARTER OR BYLAWS OF MAIN STREET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6A CONFLICT OF INTEREST MAY EXIST WHEN THE INTERESTS OR CONCERNS OF ANY DIRECTOR, OFFICER OR STAFF MEMBER, OR SAID PERSON'S IMMEDIATE FAMILY, OR ANY PARTY, GROUP OR ORGANIZATION TO WHICH SAID PERSON HAS ALLEGIANCE, MAY BE SEEN AS COMPETING WITH THE INTERESTS OR CONCERNS OF THE CORPORATION. THE PERSON CONCERNED SHALL DISCLOSE ANY POSSIBLE CONFLICT OF INTEREST TO THE BOARD OF DIRECTORS. WHEN ANY SUCH CONFLICT OF INTEREST IS RELEVANT TO A MATTER REQUIRING ACTION BY THE BOARD OF DIRECTORS, THE INTERESTED PERSON SHALL CALL IT TO THE ATTENTION OF THE BOARD OF DIRECTORS AND/OR ITS COMMITTEE, AS THE CASE MAY BE, AND SUCH PERSON SHALL NOT VOTE ON THE MATTER. MOREOVER, THE PERSON HAVING A CONFLICT SHALL RETIRE FROM THE ROOM IN WHICH THE BOARD AND/OR COMMITTEE IS MEETING AND SHALL NOT PARTICIPATE IN THE FINAL DELIBERATION OR DECISION REGARDING THE MATTER UNDER CONSIDERATION. HOWEVER, THAT PERSON SHALL PROVIDE THE BOARD AND/OR COMMITTEE WITH ANY AND ALL RELEVANT INFORMATION. THE MINUTES OF THE MEETING OF THE BOARD AND/OR COMMITTEE SHALL REFLECT THAT THE CONFLICT OF INTEREST WAS DISCLOSED AND THAT THE INTERESTED PERSON WAS NOT PRESENT DURING THE FINAL DISCUSSION OR VOTE AND DID NOT VOTE. WHEN THERE IS A DOUBT AS TO WHETHER A CONFLICT OF INTEREST EXISTS, THE MATTER SHALL BE RESOLVED BY A VOTE OF THE BOARD OF DIRECTORS AND/OR ITS COMMITTEE, EXCLUDING THE PERSON CONCERNING WHOSE SITUATION THE DOUBT HAS ARISEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE BOARD OF DIRECTORS MAY EMPLOY AN EXECUTIVE DIRECTOR TO PROVIDE PROFESSIONAL MANAGEMENT FOR MAIN STREET, AND IN SO DOING, SHALL FIX THE SALARY AND OTHER CONSIDERATIONS OF EMPLOYMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE BOARD OF DIRECTORS SHALL RECEIVE NO COMPENSATION FOR THEIR SERVICES AND SHALL SERVE ON A STRICTLY VOLUNTARY BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THE CORPORATION SHALL MAINTAIN, AT ITS REGISTERED OFFICE OR PRINCIPLE PLACE OF BUSINESS, A RECORD OF ITS MEMBERSHIP AND ALL CORPORATE BOOKS, RECORDS OF ACCOUNT AND MINUTES. ANY MEMBER SHALL, UPON WRITTEN DEMAND, STATING THE PURPOSE THEREOF, HAVE THE RIGHT TO EXAMINE, IN PERSON OR BY AGENT OR ATTORNEY, AT ANY REASONABLE TIME AND FOR PROPER PURPOSE, RELEVANT CORPORATE BOOKS, RECORDS OF ACCOUNT AND MINUTES AND SHALL HAVE THE RIGHT TO MAKE EXTRACTIONS THEREFROM.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 10B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt083400
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt0109591
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IRS990/TotalCompGreaterThan150KInd0false
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt061661
IRS990/TotalFunctionalExpensesGrp/TotalAmt072596
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0979
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IRS990/TotalLiabilitiesGrp/BOYAmt0979
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IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0108612
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IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0606
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0606
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IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt050356
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt025212
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02661 SE 24TH BLVD
IRS990/USAddress/CityNm0OKEECHOBEE
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd034974
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.MAINSTREETOKEECHOBEE.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MAUREEN BURROUGHS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08633576246
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OKEECHOBEE MAIN STREET INC
ReturnHeader/Filer/BusinessNameControlTxt0OKEE
ReturnHeader/Filer/EIN0650887929
ReturnHeader/Filer/PhoneNum08633576246
ReturnHeader/Filer/USAddress/AddressLine1Txt055 SOUTH PARROTT AVENUE
ReturnHeader/Filer/USAddress/CityNm0OKEECHOBEE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd034974
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464296668
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SIMS MUNSON CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0319 N PARROTT AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OKEECHOBEE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0349722917
ReturnHeader/PreparerPersonGrp/PhoneNum08634673000
ReturnHeader/PreparerPersonGrp/PreparationDt02017-08-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAURA K SIMS
ReturnHeader/ReturnTs02017-08-02T17:22:37-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-10-01
ReturnHeader/TaxPeriodEndDt02016-09-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.10$0.00$1.10$0.81$1.08$0.27
2023Detailed filing. Detailed filing data is available for this year.$1.39$0.02$1.37$1.94$2.07$0.13
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.54$0.04$1.50$5.51$7.49$1.98
2021Detailed filing. Detailed filing data is available for this year.$3.50$0.02$3.48$1.78$0.68$1.10
2020Detailed filing. Detailed filing data is available for this year.$2.47$0.09$2.37$1.47$0.83$0.64
2019Detailed filing. Detailed filing data is available for this year.$1.81$0.05$1.76$0.66$0.67$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.86$0.01$0.85$0.43$0.72$0.30
2017Detailed filing. Detailed filing data is available for this year.$1.16$0.02$1.15$0.51$0.70$0.19
2016Detailed filing. Detailed filing data is available for this year.$1.35$0.02$1.34$0.78$0.73$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.10$0.01$1.09$0.89$0.88$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$0.90$0.79$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.01$0.72$1.28
2012Summary only. Only limited summary data is available for this year.$1.02$0.01$1.02$1.14$1.08$0.06
2011Summary only. Only limited summary data is available for this year.$0.96$0.00$0.96$0.79$0.76$0.04