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Nonprofit · EIN 25-1500581

DOWNTOWN BRADFORD REVITALIZATION CORPORATION

Tax-exempt · BRADFORD, PA 16701

Financials

$332K$376K2023$1.4M$400K2024
Revenue Expenses · by fiscal year end
Financials of DOWNTOWN BRADFORD REVITALIZATION CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,382,444$399,735$982,709$1,150,722$69,009$1,081,713
December 31, 2023990$332,398$375,778-$43,380$172,064$73,060$99,004
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,313,225
Program service revenue
$13,386
Investment income
$49,544
Net rental income
$6,289
Other revenue
$6,289

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$591
Program services (functional)
$397,030
Management and general (functional)
$2,705

Balance sheet and other

Total assets, start of year
$172,064
Total assets, end of year
$1,150,722
Total liabilities, end of year
$69,009
Net assets, end of year
$1,081,713
Land, buildings and equipment
$97,921
Net assets without donor restrictions
$1,081,713
Gross receipts
$1,402,705
Employees
0
Volunteers
9
Year formed
1985
State of legal domicile
PA

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
Kathy JonesVice-Chairman
Trustee or director, Key employee
0$0
Patrick HollenbeckBoard Member
Trustee or director
0$0
Sarah LonziSecretary
Trustee or director, Key employee
0$0
William LevenChairman
Trustee or director, Key employee
1$0
Sara AndrewsTreasurer
Trustee or director, Key employee
3$0
Devon KlossBoard Member
Trustee or director
0$0
Jeffery JohnsonBoard Member
Trustee or director
0$0
Ron OrrisBoard Member
Trustee or director
0$0
Karen Costello-PechtBoard Member
Trustee or director
0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
Kathy JonesBoard Member
Trustee or director
0$0
Patrick HollenbeckBoard Member
Trustee or director
0$0
Sarah LonziBoard Member
Trustee or director
0$0
Chris CliffordBoard Member
Trustee or director
0$0
Tyler WinnerVice-Chairman
Officer
0$0
William LevenChairman
Officer
1$0
Sara AndrewsTreasurer
Officer
3$0
Sarah MatznerSecretary
Officer
1$0

Address and contacts

Address (IRS master file)
PO BOX 490, BRADFORD, PA 16701-0490
Principal officer (990 for 2024)
William Leven, PO Box 490, Bradford, PA 16701
Signed the 990
Sara Andrews, Treasurer
Phone
(814) 368-7170

Mission

Plan, coordinate and participate in the development of various public interest real estate projects in the downtown business district; remove blighting conditions, improve, maintain and improve parks, streets and undeveloped commercial and residential areas of the downtown business district and its surrounding residential neighborhoods to counter social and economic deterioration.

990 for the year ended December 31, 2024

Program accomplishments

  • Downtown beautification, conduct downtown events and activities to promote the economic vitality of the City's downtown and support for the Main Street Manager Program.
    Expenses $14,259 · revenue $26,611
  • Address blighting conditions in the downtown and residential areas of the City of Bradford.
    Expenses $53,314 · revenue $1,000,000
  • Revitalization of a residential neighborhood bordering the City's downtown historic district.
    Expenses $329,457 · revenue $300,000

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, 2026Check at the IRS
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
25-1500581
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1986
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$744,628
Income (IRS master file)
$499,281

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,382,444$399,735$1,150,722XML
990December 2023$332,398$375,778$172,064XML
990December 2022$231,791$258,967$218,122IRS
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 25-1500581).

Questions about DOWNTOWN BRADFORD REVITALIZATION CORPORATION

What is the EIN of DOWNTOWN BRADFORD REVITALIZATION CORPORATION?
The employer identification number (EIN) of DOWNTOWN BRADFORD REVITALIZATION CORPORATION is 25-1500581.
Is DOWNTOWN BRADFORD REVITALIZATION CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to DOWNTOWN BRADFORD REVITALIZATION CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DOWNTOWN BRADFORD REVITALIZATION CORPORATION 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 DOWNTOWN BRADFORD REVITALIZATION CORPORATION 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 DOWNTOWN BRADFORD REVITALIZATION CORPORATION 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 DOWNTOWN BRADFORD REVITALIZATION CORPORATION?
The 990 for the year ended December 31, 2024 names William Leven.
Who are the officers and directors of DOWNTOWN BRADFORD REVITALIZATION CORPORATION?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does DOWNTOWN BRADFORD REVITALIZATION CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,382,444, expenses of $399,735 and total assets of $1,150,722 at year end.

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