Overview

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Est.

1994

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Downtown Gadsden Inc is a nonprofit organization dedicated to community improvement through the revitalization of downtown Gadsden. With an operating budget of $272.5K and total revenue of $270.8K for the 2024 filing year, the organization relies on a diverse range of funders, none of which contribute 50% or more of its revenue. Although specific funding sources are not disclosed, the organization is committed to enhancing the local community's vitality and appeal.

Mission Statement

DOWNTOWN GADSDEN REVITALIZATION
Revenues
$270.8K
Expenses
$272.5K
Net Income:
-$1.6K
Assets
$74.7K
Liabilities
$3.4K
Net Assets:
+$71.3K
Operating Budget
$272.5K
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
K
Kay Moore
Board Member
K
Kevin Phillips
Board Member
T
Tripp Collins
Board Member

Frequently Asked Questions

What is DOWNTOWN GADSDEN INC’s budget?
In 2024, DOWNTOWN GADSDEN INC reported an annual operating budget of around $272 thousand. More detailed financial information is available to registered users.
What causes does DOWNTOWN GADSDEN INC support?
DOWNTOWN GADSDEN INC supports work in Community improvement.
Where does DOWNTOWN GADSDEN INC operate?
DOWNTOWN GADSDEN INC is headquartered in Gadsden, AL.
Who funded DOWNTOWN GADSDEN INC recently?
In 2025, DOWNTOWN GADSDEN INC received grants from MAIN STREET ALABAMA, BBVA Foundation, and MIGHTYCAUSE CHARITABLE FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant DOWNTOWN GADSDEN INC received in 2018?
The largest grant to DOWNTOWN GADSDEN INC in 2018 exceeds $5,000.
What is DOWNTOWN GADSDEN INC’s reliance on government grants?
DOWNTOWN GADSDEN INC relied on government grants for more than 45% of their total revenue in 2024.