Community Main Street Inc
TO FOSTER ECONOMIC VITALITY AND TO PRESERVE AND PROMOTE THE HISTORIC IMAGE AND CHARACTER OF DOWNTOWN WHILE IMPROVING THE QUALITY OF LIFE IN CEDAR FALLS, IOWA
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.4M
+15.0% YoY
Annual Giving
$68K
+575.0% YoY
Grant Count
4
+300.0% YoY
Avg Grant Size
$17K
+68.8% YoY
About Community Main Street Inc
Based on IRS filings
Community Main Street Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in CEDAR FALLS, IA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.4M in total assets. In 2025, it awarded 4 grants totaling $68K. Net investment income was $26K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,382,740 | $1,202,839 | $1,089,750 |
| Revenue | $591,112 | $435,786 | $404,172 |
| Expenses | $441,064 | $345,115 | $296,647 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $26,032 | $13,352 | $2,274 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Balos Inc ($22,500), J Squared Investments ($20,000), Cedar Falls Historical Society ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CEDAR FALLS HISTORICAL SOCIETY CEDAR FALLS, IA | THE ENHANCEMENT GRANT WILL SUPPORT THE CONSTRUCTION OF 315 MAIN STREET IN CEDAR FALLS. THE CEDAR FALLS MAIN STREET COMMUNITY IS IN NEED OF ADDITIONAL SPACE TO HOST MEETINGS AND ATTRACT VISITORS. THIS PROJECT THROUGH THE CEDAR FALLS HISTORICAL SOCIETY WILL HELP TO ENHANCE THAT AREA OF DOWNTOWN AS WELL AS INVITE NEW GROUPS TO USE THE DISTRICT IN A DIFFERENT WAY. | $15,000 |
| BALOS INC CEDAR FALLS, IA | COMMUNITY MAIN STREET WORKED WITH THE CITY OF CEDAR FALLS TO ENSURE THIS BUILDING WASN'T CONDEMNED BUT WAS AN ADDED ASSET TO THE CEDAR FALLS DOWNTOWN DISTRICT. THE PROJECT RECEIVED FUNDS FROM IOWA ECONOMIC DEVELOPMENT AURTHORITY THROUGH THE CHALLENGE GRANT AS WELL AS THE ENHANCEMENT GRANT AND FACADE GRANT THROUGH COMMUNITY MAIN STREET. THIS PROJECT ADDED A BUSINESS AND UPPER STORY LIVING TO AN OTHERWISE GOING TO BE TORN DOWN BUILDING. | $22,500 |
| J SQUARED INVESTMENTS CEDAR FALLS, IA | AN ENHANCEMENT GRANT WAS AWARDED TO 308-312 MAIN STREET PROJECT FOR IMPORVEMENTS TO THIS BUILDING TO ENHANCE THE VITATLITY OF THIS AREA OF MAIN STREET | $20,000 |
| THE NOOK CEDAR FALLS, IA | THESE FUNDS ARE INTENDED TO SUPPORT EXISTING STAKEHOLDERS WITHIN THE DOWNTOWN DISTRICT TO FACILITATE CONTINUED GROWTH AND DEVELOPMENT. THIS PROGRAM SEEKS TO ENCOURAGE PRIVATE INVESTMENT IN THE DOWNTOWN DISTRICT THROUGH THE FINANCIAL SUPPORT OF CEDAR | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EMILEE NEDOBA | PRESIDENT | 2 | — |
| DAN LYNCH | TREASURER | 2 | — |
| CORY KENT | SECRETARY | 0.25 | — |
| BRENT JOHNSON | PAST PRESIDENT | 0.25 | — |
| WYNETTE FROEHNER | DIRECTOR | 0.25 | — |
| STEPHANIE SHEETZ | DIRECTOR | 0.25 | — |
| BRAD STROUSE | DIRECTOR | 0.25 | — |
| HELEN PEARCE | DIRECTOR | 0.25 | — |
| LEXIE HEATH | DIRECTOR | 0.25 | — |
| LAUREN RIENSCHE | DIRECTOR | 0.25 | — |
| DEANNA HOFFMAN | DIRECTOR | 0.25 | — |
| WHITNEY MROZINSKI | DIRECTOR | 0.25 | — |
| KIMBERLY BEAR | EXECUTIVE DIRECTOR | 40 | $52,225 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Community Main Street Inc?
Community Main Street Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in CEDAR FALLS, IA. It holds $1.4M in total assets as of 2025.
How large is Community Main Street Inc?
As of 2025, Community Main Street Inc holds $1.4M in total assets with $591K in annual revenue. It awarded 4 grants totaling $68K in 2025.
Where does Community Main Street Inc operate?
Community Main Street Inc has awarded grants in Iowa.
What size grants does Community Main Street Inc award?
In 2025, Community Main Street Inc awarded 4 grants totaling $68K — an average of about $17K per grant, based on its IRS Form 990 filings.
What is Community Main Street Inc's EIN?
Community Main Street Inc's EIN (Employer Identification Number) is 42-1303027. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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