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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Downtown ABQ Mainstreet Initiative

Downtown ABQ Mainstreet Initiative

Fiscal year ending 2024. Filed on November 17, 2025.

PO Box 27246
Albuquerque, New Mexico 87102

Downtown ABQ Mainstreet Initiative (EIN: 46-4750143) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Downtown ABQ Mainstreet Initiative, a 501(c)(3) charitable organization, reported compensation for 0 out of 14 total employees.

Revenue, expenses, and employee compensation

Revenue

$659,059

Expenses

$734,653

Employee compensation

$452,273
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

No compensated employees were reported for this year (employee data available for 2020, 2019, 2018, 2017, 2016).

Non-Employee Board Members

Ashley Rammelsberg
Director
Bethany Tabor
Secretary
Julia Youngs
President
Mario Semiglia
Treasurer
Richard Meadows
Director

Mission Statement

The DowntownABQ MainStreet Initiative is a community redevelopment organization. Our mission is to promote and support downtowns economic, social, and creative vitality through community-driven projects and programs. A revitalized and vibrant downtown is a symbol of community economic health, local quality of life, pride, and community identity.

Revisions to this organization profile

November 17, 2025:
2024 Downtown ABQ Mainstreet Initiative 990 filed
November 13, 2024:
2023 Downtown ABQ Mainstreet Initiative 990 filed
August 15, 2023:
2022 Downtown ABQ Mainstreet Initiative 990 filed

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