DOWNTOWN DEVELOPMENT CORPORATION
AI Summary
The Downtown Development Corporation (DDC) is a private, non-profit organization based in Louisville, Kentucky, dedicated to the long-term economic health of downtown Louisville through urban development initiatives. Since its establishment in 1988, DDC has served as a vital partner in the collaboration between public and private sectors, leading the development and implementation of the Downtown Master Plan. With an operating budget of $1.8 million and total revenue of $1.9 million for the 2024 filing year, DDC does not rely on a single funder for 50% or more of its revenue. For more information, visit www.louisvilledowntown.org.
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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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.