DOWNTOWN SMITHFIELD DEVELOPMENT CORPORATION
AI Summary
The Downtown Smithfield Development Corporation, with EIN 56-1437860, is a nonprofit organization dedicated to promoting economic development in downtown Smithfield. With an operating budget of $292.1K and total revenue of $304.8K for the 2025 filing year, the organization relies heavily on a single funder, which contributes approximately 48% of its revenue. More information can be found on their website, downtownsmithfield.com.
Mission Statement
PROMOTE DOWNTOWN ECONOMIC DEVELOPMENT
Cause Areas
1
Community improvement
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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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Funder
Total Funding
Funding Share
JOHNSTON COUNTY ARTS COUNCIL INC
Smithfield, NC, US
$27.1K
19%
Frequently Asked Questions
What is DOWNTOWN SMITHFIELD DEVELOPMENT CORPORATION’s budget?
In 2025, DOWNTOWN SMITHFIELD DEVELOPMENT CORPORATION reported an annual operating budget of around $292 thousand. More detailed financial information is available to registered users.
What causes does DOWNTOWN SMITHFIELD DEVELOPMENT CORPORATION support?
DOWNTOWN SMITHFIELD DEVELOPMENT CORPORATION supports work in Community improvement.
Where does DOWNTOWN SMITHFIELD DEVELOPMENT CORPORATION operate?
DOWNTOWN SMITHFIELD DEVELOPMENT CORPORATION is headquartered in Smithfield, NC.
Who funded DOWNTOWN SMITHFIELD DEVELOPMENT CORPORATION recently?
In 2025, DOWNTOWN SMITHFIELD DEVELOPMENT CORPORATION received grants from JOHNSTON COUNTY ARTS COUNCIL INC, JOHNSTON COUNTY ARTS COUNCIL INC, and JOHNSTON COUNTY ARTS COUNCIL INC. More information on this organization’s funders is available to registered users.
What is the largest grant DOWNTOWN SMITHFIELD DEVELOPMENT CORPORATION received in 2024?
The largest grant to DOWNTOWN SMITHFIELD DEVELOPMENT CORPORATION in 2024 exceeds $10 thousand.
What is DOWNTOWN SMITHFIELD DEVELOPMENT CORPORATION’s reliance on government grants?
DOWNTOWN SMITHFIELD DEVELOPMENT CORPORATION relied on government grants for more than 55% of their total revenue in 2025.