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Spencer Main Street Company

  • Spencer, IA
  • Tax-exempt since Nov. 1988
  • EIN: 42-1301066

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Community Improvement, Capacity Building / Community, Neighborhood Development, Improvement (General) (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$142k (2024)

Expenses
$160k (2024)

Total Assets
$331k (2024)

Total Liabilities
$38.9k (2024)

Source: Form 990 tax filings from 2012 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending March
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$141,767
Expenses
$160,238
Net Income
-$18,471
Net Assets
$292,233
Notable Sources of Revenue Percent of Total Revenue
Contributions $21,500
15.2%
Program Services $97,592
68.8%
Investment Income $2,388
1.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $6,408
4.5%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $13,879
9.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $56,093
35.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $331,094
Total Liabilities $38,861
Net Assets $292,233
Compensation
Key Employees and Officers Compensation Related Other
Nancy Naeve (Director) $56,093 $0 $0
Nick Applegate (President) $0 $0 $0
Joe Carey (Board Member) $0 $0 $0
Scott Conrad (Board Member) $0 $0 $0
Brianna Dean (Board Member) $0 $0 $0
Dani Doran (Board Member) $0 $0 $0
Dustin Grossnickle (Board Member) $0 $0 $0
Eric Meeter (Vice Preside) $0 $0 $0
Sally Peterson (Secretary) $0 $0 $0
Ebony Rahe (Treasurer) $0 $0 $0
Katie Techen (Board Member) $0 $0 $0
+ View more people

Document Links

990
Filed on Feb. 5, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending March
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$140,941
Expenses
$314,093
Net Income
-$173,152
Net Assets
$310,704
Notable Sources of Revenue Percent of Total Revenue
Contributions $41,759
29.6%
Program Services $96,201
68.3%
Investment Income $952
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $2,029
1.4%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $58,830
18.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $364,505
Total Liabilities $53,801
Net Assets $310,704
Compensation
Key Employees and Officers Compensation Related Other
Nancy Naeve (Director) $53,750 $0 $0
Nick Applegate (Vice Preside) $0 $0 $0
Joe Carey (Board Member) $0 $0 $0
Scott Conrad (Board Member) $0 $0 $0
Brianna Dean (Board Member) $0 $0 $0
Dani Doran (Board Member) $0 $0 $0
Dustin Grossnickle (Board Member) $0 $0 $0
Eric Meeter (President) $0 $0 $0
Sally Peterson (Secretary) $0 $0 $0
Ebony Rahe (Treasurer) $0 $0 $0
Katie Techen (Board Member) $0 $0 $0
+ View more people

Document Links

990
Filed on Feb. 2, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$170,370
Expenses
$114,667
Net Income
$55,703
Net Assets
$507,390
Notable Sources of Revenue Percent of Total Revenue
Contributions $77,161
45.3%
Program Services $97,020
56.9%
Investment Income $133
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$3,944
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $53,260
46.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $575,741
Total Liabilities $68,351
Net Assets $507,390
Compensation
Key Employees and Officers Compensation Related Other
Nancy Naeve (Director) $50,961 $0 $0
Nick Applegate (Vice Preside) $0 $0 $0
Joe Carey (Board Member) $0 $0 $0
Scott Conrad (Board Member) $0 $0 $0
Brianna Dean (Board Member) $0 $0 $0
Dani Doran (Board Member) $0 $0 $0
Dustin Grossnickle (Board Member) $0 $0 $0
Eric Meeter (President) $0 $0 $0
Sally Peterson (Secretary) $0 $0 $0
Lezlie Pohlman (Board Member) $0 $0 $0
Ebony Rahe (Treasurer) $0 $0 $0
+ View more people

Document Links

990
Filed on Feb. 14, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending March
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$203,334
Expenses
$110,013
Net Income
$93,321
Net Assets
$451,687
Notable Sources of Revenue Percent of Total Revenue
Contributions $125,462
61.7%
Program Services $93,393
45.9%
Investment Income $344
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$15,865
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $50,000
45.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $535,016
Total Liabilities $83,329
Net Assets $451,687
Compensation
Key Employees and Officers Compensation Related Other
Nancy Naeve (Director) $50,000 $0 $0
Nick Applegate (Board Member) $0 $0 $0
Joe Carey (Board Member) $0 $0 $0
Dani Doran (Board Member) $0 $0 $0
Dustin Grossnickle (Board Member) $0 $0 $0
Leanne Hamrick (Board Member) $0 $0 $0
Eric Meeter (Board Member) $0 $0 $0
Lezlie Pohlman (President) $0 $0 $0
Ebony Rahe (Board Member) $0 $0 $0
Jon Walburg (Board Member) $0 $0 $0
+ View more people

Document Links

990
Filed on Feb. 15, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending March
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$212,021
Expenses
$78,102
Net Income
$133,919
Net Assets
$358,366
Notable Sources of Revenue Percent of Total Revenue
Contributions $122,740
57.9%
Program Services $91,928
43.4%
Investment Income $872
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$3,519
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $49,668
63.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $400,950
Total Liabilities $42,584
Net Assets $358,366
Compensation
Key Employees and Officers Compensation Related Other
Nancy Naeve (Director) $49,668 $0 $0
Joe Carey (Board Member) $0 $0 $0
Dani Doran (Board Member) $0 $0 $0
Dustin Grossnickle (Board Member) $0 $0 $0
Leanne Hamrick (Board Member) $0 $0 $0
Kiley Miller (Board Member) $0 $0 $0
Lisa Petersen (Board Member) $0 $0 $0
Lezlie Pohlman (President) $0 $0 $0
Ebony Rahe (Board Member) $0 $0 $0
Jon Walburg (Board Member) $0 $0 $0
+ View more people

Document Links

990
Filed on Feb. 16, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2019

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$182,990
Expenses
$73,104
Net Income
$109,886
Net Assets
$224,447
Notable Sources of Revenue Percent of Total Revenue
Contributions $18,500
10.1%
Program Services $165,119
90.2%
Investment Income $413
0.2%
Net Fundraising -$1,042
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $227,438
Total Liabilities $2,991
Net Assets $224,447
Compensation
Key Employees and Officers Compensation Other
Nancy Naeve (Director) $47,215 $0
Kiley Miller (Board Member) $0 $0
Ebony Rahe (Board Member) $0 $0
Lisa Petersen (Board Member) $0 $0
Leanne Hamrick (Board Member) $0 $0
Jon Walburg (Board Member) $0 $0
Dani Doran (Board Member) $0 $0
Lezlie Boetel (Board Member) $0 $0
Tom Nelson (Board Member) $0 $0
Joe Carey (Board Member) $0 $0
+ View more people

Document Links

990-EZ
Filed on Nov. 14, 2019

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2018

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$31,396
Expenses
$57,567
Net Income
-$26,171
Net Assets
$114,560
Notable Sources of Revenue Percent of Total Revenue
Contributions $13,500
43.0%
Program Services $15,000
47.8%
Investment Income $323
1.0%
Net Fundraising $2,573
8.2%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $115,685
Total Liabilities $1,125
Net Assets $114,560
Compensation
Key Employees and Officers Compensation Other
Nancy Naeve (Director) $37,600 $0
Jeff Thomas (Board Member) $0 $0
Kiley Miller (Board Member) $0 $0
Ebony Rahe (Board Member) $0 $0
Lisa Petersen (Board Member) $0 $0
Leanne Hamrick (Treasurer) $0 $0
Amalie Saboe (Secretary) $0 $0
Brandon Delaney (Board Member) $0 $0
Lezlie Boetel (Board Member) $0 $0
Tom Nelson (President) $0 $0
Joe Carey (Board Member) $0 $0
+ View more people

Document Links

990-EZ
Filed on Aug. 10, 2018

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2017

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$57,107
Expenses
$76,851
Net Income
-$19,744
Net Assets
$140,731
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,000
8.8%
Program Services $39,755
69.6%
Investment Income $159
0.3%
Net Fundraising $12,193
21.4%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $140,731
Total Liabilities $0
Net Assets $140,731
Compensation
Key Employees and Officers Compensation Other
Nancy Naeve (Director) $32,000 $0
Bob Rose (Director) $2,500 $0
Jeff Thomas (Board Member) $0 $0
Kiley Miller (Board Member) $0 $0
Matt Barstad (Board Member) $0 $0
Linda Swenson (Board Member) $0 $0
Leanne Hamrick (Treasurer) $0 $0
Amalie Saboe (Secretary) $0 $0
Brandon Delaney (Board Member) $0 $0
Lezlie Boetel (Board Member) $0 $0
Tom Nelson (President) $0 $0
+ View more people

Document Links

990-EZ
Filed on Aug. 10, 2017

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2016

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$111,070
Expenses
$73,268
Net Income
$37,802
Net Assets
$160,475
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $98,801
89.0%
Investment Income $156
0.1%
Net Fundraising $12,113
10.9%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $160,482
Total Liabilities $7
Net Assets $160,475
Compensation
Key Employees and Officers Compensation Other
Bob Rose (Director) $23,132 $3,625
Nancy Naeve (Director) $2,665 $324
Jeff Thomas (President) $0 $0
Sheryl Lee (Co Secretary) $0 $0
Andy Van Engen (Board Member) $0 $0
Kiley Miller (Board Member) $0 $0
Matt Barstad (Board Member) $0 $0
Linda Swenson (Board Member) $0 $0
Leanne Hamrick (Treasurer) $0 $0
Amalie Saboe (Board Member) $0 $0
Brandon Delaney (Board Member) $0 $0
Lezlie Boetel (Board Member) $0 $0
+ View more people

Document Links

990-EZ
Filed on Dec. 9, 2016

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$69,645
Expenses
$79,118
Net Income
-$9,473
Net Assets
$122,673
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,760
16.9%
Program Services $48,531
69.7%
Investment Income $131
0.2%
Net Fundraising $9,223
13.2%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $123,584
Total Liabilities $911
Net Assets $122,673
Compensation
Key Employees and Officers Compensation Other
Bob Rose (Director) $26,875 $3,647
Jeff Thomas (President) $0 $0
Sheryl Lee (Co Secretary) $0 $0
Andy Van Engen (Board Member) $0 $0
Scott Berends (Co Secretary) $0 $0
Kiley Miller (Board Member) $0 $0
Matt Barstad (Board Member) $0 $0
Linda Swenson (Board Member) $0 $0
Leanne Hamrick (Treasurer) $0 $0
Amalie Saboe (Board Member) $0 $0
George Moriarty (Board Member) $0 $0
Becky Fear Hatting (Board Member) $0 $0
+ View more people

Document Links

990-EZ
Filed on May 11, 2015

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$102,922
Expenses
$74,417
Net Income
$28,505
Net Assets
$132,148
Notable Sources of Revenue Percent of Total Revenue
Contributions $40,896
39.7%
Program Services $53,482
52.0%
Investment Income $162
0.2%
Net Fundraising $7,280
7.1%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,102
1.1%
Assets/Debt
Total Assets $132,993
Total Liabilities $845
Net Assets $132,148
Compensation
Key Employees and Officers Compensation Other
Bob Rose (Director) $25,000 $5,674
Jeff Thomas (Board Member) $0 $0
Sheryl Lee (Executive Se) $0 $0
Andy Van Engen (Board Member) $0 $0
Scott Berends (Secretary) $0 $0
Kelly Nieland (Board Member) $0 $0
Christin Lee (Treasurer) $0 $0
Sharon Henricksen (Board Member) $0 $0
Matt Barstad (President) $0 $0
Rob Long (Board Member) $0 $0
Linda Swenson (Board Member) $0 $0
Karl Levisay (Board Member) $0 $0
Jim Parker (Board Member) $0 $0
George Moriarty (Board Member) $0 $0
Becky Fear Hatting (Board Member) $0 $0
+ View more people

Document Links

990-EZ
Filed on June 6, 2014

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$94,643
Expenses
$81,992
Net Income
$12,651
Net Assets
$103,640
Notable Sources of Revenue Percent of Total Revenue
Contributions $26,921
28.4%
Program Services $58,544
61.9%
Investment Income $115
0.1%
Net Fundraising $9,040
9.6%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $23
0.0%
Assets/Debt
Total Assets $103,976
Total Liabilities $336
Net Assets $103,640

Document Links

990-EZ
Filed on Nov. 21, 2013

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending March
2012

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$91,681
Expenses
$78,330
Net Income
$13,351
Net Assets
$90,989
Notable Sources of Revenue Percent of Total Revenue
Contributions $20,340
22.2%
Program Services $58,372
63.7%
Investment Income $476
0.5%
Net Fundraising $12,112
13.2%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $381
0.4%
Assets/Debt
Total Assets $91,529
Total Liabilities $540
Net Assets $90,989

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending March
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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