2023-11-14T11:00:33-05:00 2022-12-31 742516372 REYNOLDS & FRANKE PC 6850 AUSTIN CENTER BLVD STE 100 AUSTIN TX 787313184 990 2022-01-01 742932297 MAIN STREET FOUNDATION MAIN 5124746889 1700 RIO GRANDE STREET STE 100 AUSTIN TX 78701 CHRISTOPHER L WILLISTON VI PRESIDENT 5124746889 2023-11-14 true CHRISTOPHER L WILLISTON VI false RONALD H REYNOLDS CPA P00964479 5122063141 2023-11-14 2022 2023-04-26 12:10:37Z EXTENDED TO 111523 HAZEM AHMED 1700 RIO GRANDE STREET AUSTIN TX 78701 816564 false X WWW.IBAT.ORG/FOUNDATION X 1999 TX PROMOTE DEVELOPMENT OF COMMUNITY BANKERS AND TEACH FINANCIAL LITERACY. 9 7 0 50 0 148656 232447 342175 575782 12727 0 8088 8335 511646 816564 23133 14944 0 303469 407051 0 1077 436517 578435 763119 1000430 -251473 -183866 699179 633352 391922 509961 307257 123391 FUNDS INITIATIVES WITH THE POWER TO HELP COMMUNITY BANKERS ACTIVELY CREATE A MORE SECURE FINANCIAL FUTURE FOR ALL TEXANS. FOCUS IS DIRECTED TOWARD FINANCIAL LITERACY PROGRAMS FOR BANKERS. false false 949411 575782 COMMUNITY BANK EDUCATION INCLUDES A BLEND OF PRACTICAL ONE-FIVE DAY INSTRUCTOR-LED/ONLINE SEMINARS AND BANKING SCHOOLS THAT FOCUS ON RULES AND REGULATIONS THAT GOVERN LENDING, INVESTMENT AND OPERATIONAL PRACTICES IN COMMUNITY BANKS. 14944 14944 SCHOLARSHIP PROGRAM FOR EMPLOYEES OF ANY MEMBER BANK TO ATTEND A SPECIFIC BANKING SCHOOL. 964355 true true false false false false false false false false false false false false false true false true false false false false false false false false false false true true false false false false false false false false false false false false false true false false false true 11 0 true 0 false false false false false false false false false false false false X 9 7 true false false false false false false true true false false true true true true true true false false false X URSULA JIMENEZ 5124746889 1700 RIO GRANDE STREET STE 100 AUSTIN TX 78701 SHAY IACOPONELLI PRESIDENT 27.00 13.00 X X 113834 54907 27816 URSULA JIMENEZ SECRETARY/TR 1.00 39.00 X X 3043 196489 44261 HAZEM AHMED CHAIR 1.00 X X 0 0 0 JONATHAN GALEANO DIRECTOR (01 1.00 X 0 0 0 DANIEL GALINDO DIRECTOR 1.00 X 0 0 0 BRIAN MAREK DIRECTOR 1.00 X 0 0 0 CLIFF MCCAULEY DIRECTOR (01 1.00 X 0 0 0 KEVIN MONK DIRECTOR (12 1.00 X 0 0 0 CHARLES M NEFF DIRECTOR (04 1.00 X 0 0 0 GLEN THURMAN DIRECTOR 1.00 X 0 0 0 BRAD WOMACK DIRECTOR (12 1.00 X 0 0 0 116877 251396 72077 1 false true false KALAHARI RESORTS 3001 KALAHARI BLVD ROUND ROCK TX 78665 CONVENTION 159283 1 232447 232447 SEMINAR 900099 575782 575782 575782 8040 8040 OTHER INCOME 900099 295 295 295 816564 575782 8335 14944 14944 135877 123309 12064 504 271174 256461 14140 573 460 460 5295 5295 881 881 49592 49343 249 7024 6218 806 22377 22377 492806 490362 2444 1000430 964355 34998 1077 X 77478 128837 557254 430073 5000 21715 36192 37732 38250 699179 633352 343403 459186 48519 50775 391922 509961 X 283449 102083 23808 21308 307257 123391 699179 633352 -183866 X false true X true false X 114054 308034 134073 148656 232447 937264 491370 563319 164024 342175 575782 2136670 8800 75205 4405 88410 614224 946558 302502 490831 808229 3162344 600 38169 57385 67947 89693 253794 69365 1997 1310 72672 69965 40166 57385 67947 91003 326466 2835878 13652 13855 14877 20815 8040 71239 13652 13855 14877 20815 8040 71239 295 295 627876 960413 317379 511646 816564 3233878 0.87690 0.89500 0.02000 0.02000 X PART III, LINE 12 295 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X SCHEDULE D, PAGE 3, PART X THE MOST SIGNIFICANT TAX POSITIONS OF THE FOUNDATION ARE ITS ASSERTIONS THAT IT IS EXEMPT FROM INCOME TAXES AND ITS DETERMINATION OF WHETHER ANY AMOUNTS ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT). THE INTERNAL REVENUE SERVICE (IRS) CONSIDERS THIS "BUSINESS INCOME" UNRELATED TO THE FOUNDATION'S TAX EXEMPT STATUS. THE FOUNDATION HAD NO UNRELATED BUSINESS INCOME FOR THE YEAR DECEMBER 31, 2022 AND 2021. ALL SIGNIFICANT TAX POSITION HAVE BEEN CONSIDERED BY MANAGEMENT AND IT HAS DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ALL TAX POSITIONS WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. true BUILDING BETTER BANKERS 2 14944 SCHEDULE I, PAGE 1, PART I, LINE 2 THE MAIN STREET FOUNDATION BOARD OF DIRECTORS DETERMINES SCHOLARSHIP DISTRIBUTION TO ANY EMPLOYEE OF A TEXAS-BASED COMMUNITY BANK WHO APPLIES AND REMAIN AN EMPLOYEE OF A COMMUNITY BANK FOR THE SECOND AND THIRD YEAR OF THE PROGRAM TO RECEIVE THE REMAINING SCHOLARSHIP. THE FUNDS ARE PAID DIRECTLY TO SOUTHWESTERN GRADUATE SCHOOL OF BANKING AT SOUTHERN METHODIST UNIVERSITY. IF THE RECIPIENT'S EMPLOYER (THE COMMUNITY BANK) ALREADY PAID FOR TUITION FOR THE FIRST YEAR, THE FOUNDATION WILL REIMBURSE THE COMMUNITY BANK DIRECTLY FOR THE 50% TUITION OF YEAR ONE. FOR THE SECOND AND THIRD YEAR, SWGSB INVOICES THE FOUNDATION DIRECTLY FOR THE 50% SCHOLARSHIP TUITIONS. false false false false false false false false false SHAY IACOPONELLI PRESIDENT 103584 49869 10057 4943 193 95 7861 3864 10788 5303 132483 64074 URSULA JIMENEZ SECRETARY/TREASURER 3043 152760 33785 9944 7653 342 36266 3385 240408 FORM 990, PART VI SHAY IACPONELLI AND URSULA JIMENEZ - BUSINESS RELATIONSHIP (EMPLOYEES OF IBAT) FORM 990, PAGE 6, PART VI, LINE 11B AN AD HOC COMMITTEE OF THE BOARD OF DIRECTORS WILL CONDUCT A FORMAL REVIEW OF THE TAX RETURN WITH THE CPA WHO PREPARED THE RETURN. A COPY OF THE RETURN WILL BE PROVIDED TO THE BOARD MEMBERS BEFORE FILING THE TAX RETURN. FORM 990, PAGE 6, PART VI, LINE 12C EACH BOARD MEMBER IS REQUIRED TO COMPLETE, SIGN AND RETURN A DISCLOSURE POLICY AT THE BEGINNING OF EVERY YEAR. PERIODIC REMINDERS OCCUR AT BOARD MEETINGS. FORM 990, PAGE 6, PART VI, LINE 15A THE CURRENT PRESIDENT OF MAIN STREET FOUNDATION (MSF) IS A SHARED EMPLOYEE WITH THE INDEPENDENT BANKERS ASSOCIATION OF TEXAS (IBAT). HER SALARY WAS REVIEWED BY THE MSF BOARD, BUT SHE WAS HIRED BY THE CEO OF IBAT. COMPENSATION FOR KEY EMPLOYEES AND OFFICERS IS DETERMINED BY THE CEO OF IBAT AND REVIEWED BY THE BUDGET, AUDIT AND COMPENSATION COMMITTEE OF IBAT. THE IBAT ORGANIZATION PARTICIPATES IN AN ASSOCIATION SALARY SURVEY THAT COMPARES POSITION TO THE RESPECTIVE SALARY. FORM 990, PAGE 6, PART VI, LINE 19 UPON WRITTEN OR ORAL REQUEST, COPIES WILL BE PROVIDED IN A TIMELY MANNER AND A RESONABLE CHARGE MAY BE MADE. ANY OTHER REQUESTS FOR FOUNDATION RECORDS SHOULD BE IN WRITING AND REFERRED TO THE PRESIDENT. FORM 990, PART X MAIN STREET FOUNDATION HAS SHARED EMPLOYEES WITH INDEPENDENT BANKERS ASSOCIATION OF TEXAS. TOTAL COMPENSATION TO EMPLOYEES IS REPORTED ON INDEPENDENT BANKERS ASSOCIATION OF TEXAS' W-2S. LINES 5 & 7 REPRESENT ALLOCATED PAYROLL COSTS TO MAIN STREET FOUNDATION. IBAT 1700 RIO GRAND STREET AUSTIN TX 78701 751459906 MEMBERSHIP TX 501C6 N/A false false false false false false false false false false false false false false true true true false false false IBAT P 2763 ACTUAL CASH IBAT N 7024 ACTUAL CASH IBAT O 407051 ACTUAL CASH