Overview

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Est.

1974

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Downtown Development Corporation, with EIN 23-7384193, focuses on retirement housing and community improvement, dedicated to the ownership and management of supportive housing for the elderly. In 2024, the organization operates with a budget of $454.7K and total revenue of $556.4K, with a notable funding source of $20K from an unknown donor. The organization does not rely on a single funder for 50% or more of its revenue.

Mission Statement

OWNERSHIP AND MANAGEMENT OF SUPPORTIVE HOUSING FOR THE ELDERLY.
Revenues
$556.4K
Expenses
$454.7K
Net Income:
+$101.7K
Assets
$846.1K
Liabilities
$632.7K
Net Assets:
+$213.4K
Operating Budget
$454.7K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$5K
Largest grant received
$5K
E
Eddie Ryan
Board Member
A
Andy Paluch
Board Member
J
Jadziah DeRosia
Board Member

Frequently Asked Questions

What is DOWNTOWN DEVELOPMENT CORPORATION’s budget?
In 2024, DOWNTOWN DEVELOPMENT CORPORATION reported an annual operating budget of around $455 thousand. More detailed financial information is available to registered users.
What causes does DOWNTOWN DEVELOPMENT CORPORATION support?
DOWNTOWN DEVELOPMENT CORPORATION supports work in Community improvement and Retirement housing.
Where does DOWNTOWN DEVELOPMENT CORPORATION operate?
DOWNTOWN DEVELOPMENT CORPORATION is headquartered in RUTLAND, VT.
Who funded DOWNTOWN DEVELOPMENT CORPORATION recently?
In 2015, DOWNTOWN DEVELOPMENT CORPORATION received grants from DUNN AREA COMMITTEE OF 100 INC. More information on this organization’s funders is available to registered users.
What is the largest grant DOWNTOWN DEVELOPMENT CORPORATION received in 2015?
The largest grant to DOWNTOWN DEVELOPMENT CORPORATION in 2015 exceeds $5,000.