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Nonprofit · EIN 02-0408415

GREAT AMERICAN DOWNTOWN INC

Tax-exempt · NASHUA, NH 03064

Financials

$214K$178K2023$222K$192K2024
Revenue Expenses · by fiscal year end
Financials of GREAT AMERICAN DOWNTOWN INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$222,475$191,756$30,719$173,543$0$173,543
December 31, 2023990$214,104$178,309$35,795$149,320$6,457$142,863
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$152,308
of which government grants
$70,000
Program service revenue
$64,071
Investment income
$4,498
Other revenue
$1,598

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$90,579
Salaries, compensation and benefits (total)
$97,638
Professional fundraising fees
$0
Accounting fees
$1,500
Occupancy
$8,400
Depreciation
$3,837
Program services (functional)
$50,188
Management and general (functional)
$139,966
Fundraising (functional)
$1,602

Balance sheet and other

Total assets, start of year
$149,320
Total assets, end of year
$173,543
Total liabilities, end of year
$0
Net assets, end of year
$173,543
Land, buildings and equipment
$10,251
Gross receipts
$222,475
Employees
4
Volunteers
10
Year formed
2002
State of legal domicile
NH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Tommy ParnellPresident
Trustee or director
2$0
Michael BaumVice President
Trustee or director
1$0
Cathy DonaherTreasurer
Trustee or director
1$0
Jen McCormackSecretary
Trustee or director
1$0
Matt JacksonDirector
Trustee or director
1$0
Liz HannumDirector
Trustee or director
1$0
Andrew PielaDirector
Trustee or director
1$0
Kim McCarthyDirector
Trustee or director
1$0
Alyssa Gager-McQuaidDirector
Trustee or director
1$0
Michael LangDirector
Trustee or director
1$0
Evin BairdDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
Matt JacksonDirector
Trustee or director
1$0
Liz HannumDirector
Trustee or director
1$0
J L SweeneyDirector
Trustee or director
1$0
Tommy ParnellPresident
Trustee or director
2$0
Michael BaumVice President
Trustee or director
2$0
Cathy DonaherTreasurer
Trustee or director
2$0
Jen McCormackSecretary
Trustee or director
2$0
Kathy Snyder2nd Vice President
Trustee or director
2$0
Andrew PielaDirector
Trustee or director
1$0
Tim SennottDirector
Trustee or director
1$0
Kim McCarthyDirector
Trustee or director
1$0
Alyssa Gager-McQuaidDirector
Trustee or director
1$0
Tim MacIsaacDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
6 MAIN STREET SUITE 1, NASHUA, NH 03064-2712
Principal officer (990 for 2024)
Thomas Parnell, 6 Main St, Nashua, NH 03060
Signed the 990
Lori Spillane, Bookkeeper
Phone
(603) 883-5700

Mission

To develop & implement programs, projects and events that promote the entire downtown as a destination for shopping, dining, business services, arts and culture and as a residential community

990 for the year ended December 31, 2024

Program accomplishments

  • Winter Holiday stroll takes place each year on the Saturday after Thanksgiving. It is recognized as the most significant community event in southern NH.
    Expenses $29,722 · revenue $28,908
  • The Farmers Market takes place from late spring through fall and supports local vendors as they grow and sell crops, produce and other goods.
    Expenses $6,016 · revenue $7,596
  • Taste of Downtown Nashua is an annual event supporting and highlighting both local restaurants in the downtown area as well as local shops
    Expenses $5,268 · revenue $21,836
  • Plaid Friday
    Expenses $1,697 · revenue $768
  • Chocolate Stroll
    Expenses $434 · revenue $450
  • Scarecrows
    Expenses $767 · revenue $1,513
  • Sidewalk Saturdays
    Expenses $6,284 · revenue $3,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
02-0408415
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1987
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$173,543
Income (IRS master file)
$222,475

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$222,475$191,756$173,543IRS
990December 2023$214,104$178,309$149,320XML
990December 2022$131,830$127,783$107,067IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 02-0408415).

Questions about GREAT AMERICAN DOWNTOWN INC

What is the EIN of GREAT AMERICAN DOWNTOWN INC?
The employer identification number (EIN) of GREAT AMERICAN DOWNTOWN INC is 02-0408415.
Is GREAT AMERICAN DOWNTOWN INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to GREAT AMERICAN DOWNTOWN INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GREAT AMERICAN DOWNTOWN INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GREAT AMERICAN DOWNTOWN INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GREAT AMERICAN DOWNTOWN INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GREAT AMERICAN DOWNTOWN INC?
The 990 for the year ended December 31, 2024 names Thomas Parnell.
Who are the officers and directors of GREAT AMERICAN DOWNTOWN INC?
The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does GREAT AMERICAN DOWNTOWN INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $222,475, expenses of $191,756 and total assets of $173,543 at year end.

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