Nonprofit · EIN 05-0514476
DOWNCITY PARTNERSHIP INC
Tax-exempt · PROVIDENCE, RI 02903
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $125,853 | $317,205 | -$191,352 | $2,572,273 | $13,823 | $2,558,450 |
| December 31, 2023 | 990 | $155,018 | $256,083 | -$101,065 | $2,756,943 | $7,141 | $2,749,802 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $124,937
- Other revenue
- $916
Expenses
- Grants and similar amounts paid
- $259,537
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $16,093
- Program services (functional)
- $259,537
- Management and general (functional)
- $57,668
Balance sheet and other
- Total assets, start of year
- $2,756,943
- Total assets, end of year
- $2,572,273
- Total liabilities, end of year
- $13,823
- Net assets, end of year
- $2,558,450
- Net assets without donor restrictions
- $2,558,450
- Gross receipts
- $125,853
- Employees
- 0
- Volunteers
- 14
- Year formed
- 2001
- State of legal domicile
- RI
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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAVID CICILLINE | RIF PRESIDENT & CEO Officer | 0.8 | $0 | $795,906 | $44,136 |
| JENNIFER REID | TREASURER/RIF VP FINANCE & CFO Officer | 0.8 | $0 | $282,816 | $20,089 |
| G ALAN KUROSE MD MBA FACP | CHAIR Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| JANET ROBINSON | SECRETARY Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| CARRIE BRIDGES MPH | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| MELISSA R DUBOSE | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| JONATHAN D FAIN | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| EDWARD O HANDY III | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| ANN-MARIE HARRINGTON | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| MEGHAN HUGHES PHD | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| SALLY E LAPIDES | DIRECTOR (AS OF 05/2024) Trustee or director | 0.3 | $0 | $0 | $0 |
| SILVERMOON MARS LAROSE | DIRECTOR (AS OF 05/2024) Trustee or director | 0.3 | $0 | $0 | $0 |
| TONY MENDEZ | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| THERESA MOORE | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| PETER R PHILLIPS | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES WRIGHT | DIRECTOR Trustee or director | 0.3 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| NEIL STEINBERG | PRESIDENT (THRU 5/23) Officer | 0.8 | $0 | $425,004 | $41,572 |
| DAVID CICILLINE | PRESIDENT (AS OF 6/23) Officer | 0.8 | $0 | $387,540 | $11,415 |
| JENNIFER REID | TREASURER Officer | 0.8 | $0 | $297,370 | $1,712 |
| G ALAN KUROSE MD MBA FACP | BOARD CHAIR Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| JANET ROBINSON | SECRETARY Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| MICHAEL K ALLIO | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| CARRIE BRIDGES FELIZ MPH | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| MELISSA R DUBOSE | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| JONATHAN D FAIN | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| EDWARD O HANDY III | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| ANN-MARIE HARRINGTON | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| MEGHAN HUGHES PHD | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| TONY MENDEZ | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| THERESA MOORE | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| PETER R PHILLIPS | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| JAMES WRIGHT | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- ONE UNION STATION, PROVIDENCE, RI 02903-1758
- In care of
- % THE RHODE ISLAND FOUNDATION
- Principal officer (990 for 2024)
- DAVID CICILLINE, ONE UNION STATION, PROVIDENCE, RI 02903
- Signed the 990
- JENNIFER REID, CHIEF FINANCIAL OFFICER
- Phone
- (401) 274-4564
- Return prepared by
- KPMG LLP
Mission
TO SUPPORT THE REVITALIZATION OF DOWNTOWN PROVIDENCE, RI (DOWNCITY), ACTING AS A CATALYST FOR DEVELOPMENT AND NEW INITIATIVES TO BENEFIT DOWNCITY. THE ORGANIZATION WILL COORDINATE WITH THE CITY AND OTHER PUBLIC, PRIVATE, AND NONPROFIT ORGANIZATIONS, ACTING AS THE PRIMARY IMPETUS FOR REVITALIZATION EFFORTS.
Program accomplishments
- ALL PROGRAMS RELATE TO THE REVITALIZATION OF DOWNTOWN PROVIDENCE BY PROVIDING LEADERSHIP, COORDINATION, RESOURCES, TECHNICAL ASSISTANCE AND SUPPORT.Expenses $259,537 · grants $259,537
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 05-0514476
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T113)
- Assets (IRS master file)
- $2,572,273
- Income (IRS master file)
- $125,853
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $125,853 | $317,205 | $2,572,273 | XML |
| 990 | December 2023 | $155,018 | $256,083 | $2,756,943 | XML |
| 990 | December 2022 | $237,998 | $2,404,211 | $2,864,610 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 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 05-0514476).
Questions about DOWNCITY PARTNERSHIP INC
- What is the EIN of DOWNCITY PARTNERSHIP INC?
- The employer identification number (EIN) of DOWNCITY PARTNERSHIP INC is 05-0514476.
- Is DOWNCITY PARTNERSHIP INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to DOWNCITY PARTNERSHIP INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does DOWNCITY PARTNERSHIP 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 DOWNCITY PARTNERSHIP 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 DOWNCITY PARTNERSHIP 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 DOWNCITY PARTNERSHIP INC?
- The 990 for the year ended December 31, 2024 names DAVID CICILLINE.
- Who are the officers and directors of DOWNCITY PARTNERSHIP INC?
- The 990 for the year ended December 31, 2024 lists 16 people; 0 received compensation from the organization.
- How much revenue does DOWNCITY PARTNERSHIP INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $125,853, expenses of $317,205 and total assets of $2,572,273 at year end.
Other nonprofits in PROVIDENCE
- THE RHODE ISLAND COMMUNITY FOUNDATION EIN 22-2604963 · last filed 990 for 2024
- UNITED WAY OF RHODE ISLAND INC EIN 05-0276059 · last filed 990 for 2025
- COLLIS FOUNDATION EIN 06-1472006 · last filed 990-PF for 2024
- RALPH R PAPITTO AND BARBARA A PAPITTO PRIVATE FAMILY FOUNDATION EIN 85-4150612 · last filed 990-PF for 2024
- JONATHAN M NELSON FAMILY FOUNDATION EIN 05-0504814 · last filed 990-PF for 2024
- JEWISH FEDERATION FOUNDATION EIN 05-0259003 · last filed 990 for 2025
- DOROT FOUNDATION EIN 13-6116927 · last filed 990-PF for 2025
- GILBANE FAMILY FOUNDATION INC EIN 88-2694682 · last filed 990-PF for 2024
All nonprofits in PROVIDENCE · Rhode Island · Philanthropy, voluntarism and grantmaking foundations