Main Street Pascagoula
Public records show a registered, tax-exempt organization in good standing.
What it says it does
MAIN STREET PASCAGOULA IS AN ECONOMIC DEVELOPMENT TOOL THAT ENHANCES THE TAX BASE OF A COMMUNITY, FOSTERS ENTREPRENEURSHIP, BUILDS COMMUNITY CAPACITY, AND CREATES PARTNERSHIPS AMONG KEY GROUPS IN A COMMUNITY.
- Income
- $305,406
- Spending
- $214,981
- Spent on programs
- 100%
- Reserves
- 15.3 months of spending
- Largest source of income
- donations and private grants, 55%
- Employees
- 1
- Highest pay
- $65,625, executive di
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 63% of charities in its peer group (community improvement, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 15.3 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 30% of income.
Income trend
0 of 15Income fell 28% on the year before.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 56 out of 100. Higher than 20% of charities in its peer group (community improvement, $250k to $1m).
Independent board
25 of 2513 of 13 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $214,981 spent. A. PROMOTIONS: PMSA SHALL PROMOTE AND SPONSOR DISCUSSION GROUPS AND SHALL EDUCATE AND INFORM CITIZENS AND MEMBERS ON TOPICS OF COMMON INTEREST AND CONCERN TO THE DISTRICT. PMSA SHALL MAINTAIN INFORMATION REGARDING REVITALIZATION IN THE DISTRICT. PMSA WILL SPONSOR CULTURAL, EMPLOYMENT AND COMMERCIAL REVITALIZATION OF THE DISTRICT. PMSA WILL PROVIDE A FORUM FOR MEMBERS TO SHARE KNOWLEDGE, COMMON EXPERIENCES AND PROBLEMS. PMSA SHALL PUBLISH COMMUNITY INFORMATION REGARDING ITS ACTIVITIES AND OTHER DATA RELEVANT TO THE REVITALIZATION OF THE DISTRICT. SUCH PUBLICATIONS MAY INCLUDE THE FOLLOWING: 1) PLANNING STUDIES, SUCH AS THE RESOURCE TEAM REPORT 2) AN ORGANIZATION BROCHURE 3) TOURIST AND VISITOR INFORMATION BROCHURES, MAPS, AND GUIDES 4) SPECIAL EVENT FLYERS, PAMPHLETS, POSTERS, OR BROCHURES 5) THE PMSA QUARTERLY NEWSLETTER B. ORGANIZATION: PMSA WILL ORGANIZE AND PROMOTE CONSTRUCTIVE RELATIONSHIPS BETWEEN LOCAL GOVERNMENT BODIES AND PRIVATE BUSINESS AND CITIZENS. PMSA WILL COORDINATE AS APPROPRIATE WITH THE CITY OF PASCAGOULA ZONING AND OTHER REGULATORY ACTIVITY AFFECTING THE DISTRICT. PMSA WILL SUPPORT OTHER CHARITABLE AND EDUCATIONAL ORGANIZATIONS WHOSE PRIMARY INTEREST IS TO PRESERVE AND DEVELOP THE BEAUTY AND ECONOMIC STABILITY OF PASCAGOULA, ESPECIALLY WITHIN THE DISTRICT. PMSA WILL PROMOTE THE CONCERNS OF THE DISTRICT AT THE CITY, COUNTY AND SPECIAL DISTRICT LEVEL. C. ECONOMIC RESTRUCTURING: PMSA WILL HELP TO DIVERSIFY THE COMMUNITY BY RECRUITING NEW STORES TO BALANCE THE RETAIL MIX; AIDING POTENTIAL BUSINESS OWNERS IN FINDING RETAIL SPACE, AND BY AIDING IN THE ACQUIRING OF ADEQUATE FINANCING. D. DESIGN: PMSA WILL ASSIST IN PLANNING AND COORDINATING THE DESIGN OF IMPROVEMENTS IN OR ADJACENT TO THE DISTRICT. PMSA WILL AID IN PROVIDING DESIGN SERVICES FOR BUILDINGS AND SIGNAGE. PMSA WILL PROVIDE INFORMATION ON PAINTING, CONSTRUCTION, HISTORIC RENOVATION, AND PRESERVATION. PMSA WILL PROMOTE AND ASSIST IN CITY BEAUTIFICATION PROJECTS. PMSA WILL PARTICIPATE IN THE PLANNING AND DEVELOPMENT OF PUBLIC INTEREST PROJECTS IN THE DISTRICT AND AREAS ADJACENT TO THE DISTRICT. PMSA WILL PROMOTE EFFECTIVE REDEVELOPMENT EFFORTS AND ASSIST IN PLANNING FOR THE REVITALIZATION OF THE DISTRICT. PMSA SHALL, WHENEVER POSSIBLE, RECOMMEND APPROPRIATE USES AND DESIGN STANDARDS FOR DISTRICT DEVELOPMENT. A. PROMOTIONS: PMSA SHALL PROMOTE AND SPONSOR DISCUSSION GROUPS AND SHALL EDUCATE AND INFORM CITIZENS AND MEMBERS ON TOPICS OF COMMON INTEREST AND CONCERN TO THE DISTRICT. PMSA SHALL MAINTAIN INFORMATION REGARDING REVITALIZATION IN THE DISTRICT. PMSA WILL SPONSOR CULTURAL, EMPLOYMENT AND COMMERCIAL REVITALIZATION OF THE DISTRICT. PMSA WILL PROVIDE A FORUM FOR MEMBERS TO SHARE KNOWLEDGE, COMMON EXPERIENCES AND PROBLEMS. PMSA SHALL PUBLISH COMMUNITY INFORMATION REGARDING ITS ACTIVITIES AND OTHER DATA RELEVANT TO THE REVITALIZATION OF THE DISTRICT. SUCH PUBLICATIONS MAY INCLUDE THE FOLLOWING: 1) PLANNING STUDIES, SUCH AS THE RESOURCE TEAM REPORT 2) AN ORGANIZATION BROCHURE 3) TOURIST AND VISITOR INFORMATION BROCHURES, MAPS, AND GUIDES 4) SPECIAL EVENT FLYERS, PAMPHLETS, POSTERS, OR BROCHURES 5) THE PMSA QUARTERLY NEWSLETTER B. ORGANIZATION: PMSA WILL ORGANIZE AND PROMOTE CONSTRUCTIVE RELATIONSHIPS BETWEEN LOCAL GOVERNMENT BODIES AND PRIVATE BUSINESS AND CITIZENS. PMSA WILL COORDINATE AS APPROPRIATE WITH THE CITY OF PASCAGOULA ZONING AND OTHER REGULATORY ACTIVITY AFFECTING THE DISTRICT. PMSA WILL SUPPORT OTHER CHARITABLE AND EDUCATIONAL ORGANIZATIONS WHOSE PRIMARY INTEREST IS TO PRESERVE AND DEVELOP THE BEAUTY AND ECONOMIC STABILITY OF PASCAGOULA, ESPECIALLY WITHIN THE DISTRICT. PMSA WILL PROMOTE THE CONCERNS OF THE DISTRICT AT THE CITY, COUNTY AND SPECIAL DISTRICT LEVEL. C. ECONOMIC RESTRUCTURING: PMSA WILL HELP TO DIVERSIFY THE COMMUNITY BY RECRUITING NEW STORES TO BALANCE THE RETAIL MIX; AIDING POTENTIAL BUSINESS OWNERS IN FINDING RETAIL SPACE, AND BY AIDING IN THE ACQUIRING OF ADEQUATE FINANCING. D. DESIGN: PMSA WILL ASSIST IN PLANNING AND COORDINATING THE DESIGN OF IMPROVEMENTS IN OR ADJACENT TO THE DISTRICT. PMSA WILL AID IN PROVIDING DESIGN SERVICES FOR BUILDINGS AND SIGNAGE. PMSA WILL PROVIDE INFORMATION ON PAINTING, CONSTRUCTION, HISTORIC RENOVATION, AND PRESERVATION. PMSA WILL PROMOTE AND ASSIST IN CITY BEAUTIFICATION PROJECTS. PMSA WILL PARTICIPATE IN THE PLANNING AND DEVELOPMENT OF PUBLIC INTEREST PROJECTS IN THE DISTRICT AND AREAS ADJACENT TO THE DISTRICT. PMSA WILL PROMOTE EFFECTIVE REDEVELOPMENT EFFORTS AND ASSIST IN PLANNING FOR THE REVITALIZATION OF THE DISTRICT. PMSA SHALL, WHENEVER POSSIBLE, RECOMMEND APPROPRIATE USES AND DESIGN STANDARDS FOR DISTRICT DEVELOPMENT.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2015.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.