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Nonprofit · EIN 13-5035020

DOWN TOWN ASSOCIATION

Tax-exempt · NEW YORK, NY 10019

Financials

$6.9M$1.3M2023$585K$1.4M2024$454K$1.5M2025
Revenue Expenses · by fiscal year end
Financials of DOWN TOWN ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$453,573$1,491,091-$1,037,518$36,809,265$27,758,125$9,051,140
December 31, 2024990$585,057$1,374,961-$789,904$37,950,946$27,862,288$10,088,658
December 31, 2023990$6,914,068$1,278,630$5,635,438$38,842,208$27,963,646$10,878,562
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$436,466
Investment income
$0
Net income from sales of inventory
$13,157
Other revenue
$17,107

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$6,575
Accounting fees
$26,946
Occupancy
$177,367
Depreciation
$1,025,311

Balance sheet and other

Total assets, start of year
$37,950,946
Total assets, end of year
$36,809,265
Total liabilities, end of year
$27,758,125
Net assets, end of year
$9,051,140
Land, buildings and equipment
$25,175,352
Net assets without donor restrictions
$9,051,140
Gross receipts
$519,083
Employees
0
Volunteers
15
Year formed
1859
State of legal domicile
NY

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
GARRETT BOWDENPRESIDENT
Trustee or director, Officer
5$0
KYLE JOHNSONVICE PRESIDENT
Trustee or director, Officer
1$0
CONRAD STEINMANNTREASURER
Trustee or director, Officer
5$0
SARAH SOLOMONSECRETARY
Trustee or director, Officer
1$0
MARK R ALTHERRASSISTANT TREASURER
Trustee or director, Officer
5$0
TIMOTHY L THOMPSONASSISTANT SECRETARY
Trustee or director, Officer
2$0
ALEKSEI BROWNTRUSTEE
Trustee or director
4$0
JED FREEDLANDERTRUSTEE
Trustee or director
1$0
GARY DYCUSTRUSTEE
Trustee or director
2$0
JONATHAN DOUCETTETRUSTEE
Trustee or director
1$0
CESAR VERATRUSTEE
Trustee or director
1$0
JOHN ARABADJISTRUSTEE
Trustee or director
1$0
JEFF ZEIGERTRUSTEE
Trustee or director
1$0
TIMONTHY IRONSTRUSTEE
Trustee or director
1$0
MARK KOPINSKITRUSTEE
Trustee or director
2$0
990 for the year ended December 31, 2024: 15 people
NameTitleHours / weekCompensation
MARK R ALTHERRPRESIDENT
Trustee or director, Officer
5$0
JONATHAN DOUCETTETRUSTEE
Trustee or director
1$0
GARY DYCUSTRUSTEE
Trustee or director
2$0
TIMOTHY L THOMPSONSECRETARY
Trustee or director, Officer
2$0
MARK S KOPINSKITRUSTEE
Trustee or director
2$0
JEFFREY ZEIGERTRUSTEE
Trustee or director
1$0
MICHAEL GRIFFINTRUSTEE
Trustee or director
1$0
GARRETT BOWDENVICE PRESIDENT
Trustee or director, Officer
2$0
TIMOTHY IRONSTRUSTEE
Trustee or director
1$0
JED FREEDLANDERTRUSTEE
Trustee or director
1$0
CONRAD STEINMANNTREASURER
Trustee or director, Officer
5$0
CESAR VERATRUSTEE
Trustee or director
1$0
ALEKSEI BROWNTRUSTEE
Trustee or director
2$0
SARAH SOLOMONTRUSTEE
Trustee or director
1$0
KYLE JOHNSONTRUSTEE
Trustee or director
1$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
MARK R ALTHERRPRESIDENT
Trustee or director, Officer
5$0
JONATHAN DOUCETTETRUSTEE
Trustee or director
1$0
GARY DYCUSTRUSTEE
Trustee or director
2$0
TIMOTHY L THOMPSONSECRETARY
Trustee or director, Officer
2$0
MARK S KOPINSKITRUSTEE
Trustee or director
2$0
JEFFREY ZEIGERTRUSTEE
Trustee or director
1$0
MICHAEL GRIFFINTRUSTEE
Trustee or director
1$0
GARRETT BOWDENVICE PRESIDENT
Trustee or director, Officer
2$0
TIMOTHY IRONSTRUSTEE
Trustee or director
1$0
JED FREEDLANDERTRUSTEE
Trustee or director
1$0
CONRAD STEINMANNTREASURER
Trustee or director, Officer
5$0
CESAR VERATRUSTEE
Trustee or director
1$0
ALEKSEI BROWNTRUSTEE
Trustee or director
2$0

Address and contacts

Address (IRS master file)
3 W 51ST ST, NEW YORK, NY 10019-6909
Principal officer (990 for 2025)
GARRETT BOWDEN, 3 WEST 51ST STREET, NEW YORK, NY 10019
Signed the 990
GARRETT BOWDEN, PRESIDENT
Phone
(212) 422-1982
Return prepared by
PKF O'CONNOR DAVIES ADVISORY LLC

Mission

THE ASSOCIATION WAS CREATED TO FURNISH ITS MEMBERS ENGAGED IN COMMERCIAL AND PROFESSIONAL PURSUITS IN THE CITY OF NEW YORK, FACILITIES FOR SOCIAL INTERCOURSE, AND SUCH ACCOMMODATIONS AS REQUIRED DURING THE INTERVALS OF BUSINESS WHILE AT A DISTANCE FROM THEIR RESIDENCES, ALSO THE ADVANCEMENT OF LITERATURE AND ART BY ESTABLISHING AND MAINTAINING A LIBRARY, READING ROOM, AND GALLERY OF ART.

990 for the year ended December 31, 2025

Program accomplishments

  • TO FURNISH ITS MEMBERS WITH FACILITIES FOR SOCIAL INTERCOURSE AND ADVANCEMENT OF LITERATURE AND ART.
  • THE DOWN TOWN ASSOCIATION MAINTAINS A COLLECTION OF PAINTINGS AND VARIOUS ARTWORK FOR THE VIEWING PLEASURE OF THE MEMBERS.

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
13-5035020
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1918
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$36,809,265
Income (IRS master file)
$519,083

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$453,573$1,491,091$36,809,265IRS
990December 2024$585,057$1,374,961$37,950,946IRS
990December 2023$6,914,068$1,278,630$38,842,208XML
990December 2022$0$14,312$39,714,866IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 13-5035020).

Questions about DOWN TOWN ASSOCIATION

What is the EIN of DOWN TOWN ASSOCIATION?
The employer identification number (EIN) of DOWN TOWN ASSOCIATION is 13-5035020.
Is DOWN TOWN ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1918.
Are donations to DOWN TOWN ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does DOWN TOWN ASSOCIATION 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 DOWN TOWN ASSOCIATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DOWN TOWN ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of DOWN TOWN ASSOCIATION?
The 990 for the year ended December 31, 2025 names GARRETT BOWDEN.
Who are the officers and directors of DOWN TOWN ASSOCIATION?
The 990 for the year ended December 31, 2025 lists 15 people; 0 received compensation from the organization.
How much revenue does DOWN TOWN ASSOCIATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $453,573, expenses of $1,491,091 and total assets of $36,809,265 at year end.

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