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LAREDO MAIN STREET INC

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Public IRS 990 nonprofit record

LAREDO MAIN STREET INC

EIN 26-4472675 · Historical Organizations (A80)

What they do

1ST PROGRAM ACHIEVEMENT EL CENTRO DE LAREDO FARMERS MARKET (CLFM) LAREDO MAIN STREET HOSTS THE EL CENTRO DE LAREDO FARMERS MARKET ON THE THIRD SATURDAY of EACH MONTH AT THE OUTLET SHOPPES AT LAREDO. THE MARKET CONNECTS RESIDENTS WITH LOCAL FARMERS, FOOD PRODUCERS, and ARTISANS WHILE PROMOTING HEALTHY LIVING, SUPPORTING SMALL BUSINESSES, and CONTRIBUTING to THE REVITALIZATION of DOWNTOWN LAREDO. THE MARKET HAS ALSO SERVED AS AN ECONOMIC INCUBATOR, HELPING SEVERAL VENDORS GROW INTO PERMANENT BRICK-AND- MORTAR BUSINESSES. ADDITIONALLY, IT ADDRESSES FOOD ACCESS CHALLENGES IN THE DOWNTOWN AREA, WHICH HAS BEEN IDENTIFIED AS A FOOD DESERT.

Before you give

Should I give to this charity?

Easy charity check
The spending raises an important question

Of every $100 spent, about $18.90 was reported for mission work and $0.00 for fundraising. Understand this before you give.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders15 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

7.84%of revenue went to mission work18.9% of expenses · Program services
$41.46spent for every $100 of revenueRevenue covered expenses this year.
$2.18in assets for every $1 spent this yearSome assets cannot be spent right away.

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Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$31,236
Mission workProgram services$2,4507.84% of revenue18.9% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$18,28758.54% of revenueShown in gray on the chart
Total expenses$12,94941.46% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Pause before giving. This filing reports that 0.0% of spending went to fundraising and 18.9% went to mission work. Ask the charity to explain these numbers and show recent results.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 18.9% mission · 0.0% management · 0.0% fundraisingTotal expenses: 41.46% of revenue
2018Expense mix: 100.0% mission · 1.1% management · 0.0% fundraisingRevenue comparison unavailable
2017Expense mix: 24.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 417.14% of revenue
2016Expense mix: 92.4% mission · 0.0% management · 0.0% fundraisingTotal expenses: 109.93% of revenue
2015Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 85.59% of revenue

Money in and money out

Revenue$31,236
Expenses$12,949
Annual surplus $18,287 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,450 · 18.9% of expenses
See all reported dollar amounts
Revenue$31,236
Expenses$12,949
Assets$28,250
Income$31,236
Mission work (program services)$2,450
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (15)

BETTY FLORESBOARD MEMBER

CAROLE ALEXANDERBOARD MEMBER

CESAR HERNANDEZBOARD MEMBER

ENRIQUE LOBOBOARD MEMBER

ERICA CONTRERASBOARD MEMBER

ERICA GARCIABOARD MEMBER

JACK CRUTHIRDSBOARD MEMBER

JORGE LOPEZBOARD MEMBER

LAWRENCE FRIEDMANVICE PRESIDE

MIRIAM CASTILLOBOARD MEMBER

RAFAEL TORRESTREASURER

RICARDO DE ANDABOARD MEMBER

ROQUE HAYNESPRESIDENT

TOMAS IZAGUIRREBOARD MEMBER

VICTOR GARCIASECRETARY

About this charity

Recognized since
January 2009
Location
PO BOX 634, LAREDO, TX 78042-0634
County
Webb
In care of
% ROQUE HYNES
Primary officer
ROQUE HAYNES, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
October 1, 2024
Return type
990EZ
Tax preparer
IRSOLUTIONS LLC
NTEE classification
Historical Organizations (A80)
IRS tax category
Historical Organizations

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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