DOWNTOWN DEVELOPMENT CORPORATION
AI Summary
DOWNTOWN DEVELOPMENT CORPORATION is a private nonprofit focused on urban development and the long-term economic health of downtown Louisville, where it serves as a lead entity in redevelopment and master planning. Founded in 1988, it operated with a 2024 budget of $1.8M and total revenue of $1.9M, with major support from Norton Healthcare Inc, THE GHEENS FOUNDATION INC, and JAMES GRAHAM BROWN FOUNDATION INC.
Mission Statement
THE LOUISVILLE DOWNTOWN DEVELOPMENT CORPORATION (DDC) IS A PRIVATE, NON-PROFIT 501(C)(3) ORGANIZATION DEDICATED TO THE LONG TERM ECONOMIC HEALTH OF DOWNTOWN LOUISVILLE AND REPRESENTS THE COMMUNITY'S CIVIC AND BUSINESS LEADERSHIP. SINCE 1988, DDC HAS PLAYED A CRUCIAL ROLE IN BRINGING TOGETHER BOTH THE PUBLIC AND PRIVATE SECTORS AS PARTNERS IN DOWNTOWN LOUISVILLE'S REDEVELOPMENT AND LONG TERM PLANNING, WITH DDC SERVING AS THE LEAD ENTITY IN THE DEVELOPMENT AND IMPLEMENTATION OF THE DOWNTOWN MASTER PLAN.
Cause Areas
1
Urban development
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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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- 19 funders
- 142 board & team members
- 12 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is DOWNTOWN DEVELOPMENT CORPORATION’s budget?
In 2024, DOWNTOWN DEVELOPMENT CORPORATION reported an annual operating budget of around $1.8 million. More detailed financial information is available to registered users.
What causes does DOWNTOWN DEVELOPMENT CORPORATION support?
DOWNTOWN DEVELOPMENT CORPORATION supports work in Urban development.
Where does DOWNTOWN DEVELOPMENT CORPORATION operate?
DOWNTOWN DEVELOPMENT CORPORATION is headquartered in Louisville, KY.
Who funded DOWNTOWN DEVELOPMENT CORPORATION recently?
In 2025, DOWNTOWN DEVELOPMENT CORPORATION received grants from CHARITIES AID FOUNDATION AMERICA, NETWORK FOR GOOD, and Norton Healthcare Inc. More information on this organization’s funders is available to registered users.
What is the largest grant DOWNTOWN DEVELOPMENT CORPORATION received in 2024?
The largest grant to DOWNTOWN DEVELOPMENT CORPORATION in 2024 exceeds $45 thousand.