Nonprofit · EIN 34-1898873
DOWNTOWN AKRON SPECIAL IMPROVEMENT DISTRICT INC
Tax-exempt · AKRON, OH 44308
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,584,565 | $1,581,481 | $3,084 | $14,793 | $0 | $14,793 |
| June 30, 2024 | 990 | $711,827 | $715,608 | -$3,781 | $11,709 | $0 | $11,709 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,576,477
- of which government grants
- $1,576,477
- Program service revenue
- $0
- Investment income
- $3,088
- Other revenue
- $5,000
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $3,369
- Program services (functional)
- $1,581,481
Balance sheet and other
- Total assets, start of year
- $11,709
- Total assets, end of year
- $14,793
- Total liabilities, end of year
- $0
- Net assets, end of year
- $14,793
- Net assets without donor restrictions
- $14,793
- Gross receipts
- $1,584,565
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1999
- State of legal domicile
- OH
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Denise Armstrong | Director Trustee or director | 1 | $0 |
| Alicia LaMancusa | Director Trustee or director, Officer | 1 | $0 |
| Sean Vollman | Treasurer Trustee or director, Officer | 1 | $0 |
| Michael A Kunce | Secretary Trustee or director, Officer | 1 | $0 |
| Justin Markey | Director Trustee or director | 1 | $0 |
| Lee S Walko | Chair Trustee or director | 1 | $0 |
| Margo Sommerville | Director Trustee or director | 1 | $0 |
| Ryan Pritt | Director Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jason Segedy | Director Trustee or director | 1 | $0 |
| Lee S Walko | Chair Trustee or director, Officer | 1 | $0 |
| Denise Armstrong | Treasurer Trustee or director, Officer | 1 | $0 |
| Michael A Kunce | Secretary Trustee or director, Officer | 1 | $0 |
| Margo Sommerville | Director Trustee or director | 1 | $0 |
| Alicia LaMancusa | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 103 S HIGH STREET 4TH FLOOR, AKRON, OH 44308-1461
- Principal officer (990 for 2024)
- Sean Vollman, 103 S High Street, Akron, OH 44308
- Signed the 990
- Sean Vollman, Treasurer
- Phone
- (330) 374-7676
- Return prepared by
- KEVIN L PENN INC
Mission
Provide resources for continued investment and development of the Downtown Akron area.
Program accomplishments
- Service plan managed by Downtown Akron Partnership. It is made up of three components. They are clean, safe & vibrant, marketing & promotions and stakeholder services.Expenses $1,581,481 · grants $1,576,477 · revenue $1,584,565
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 34-1898873
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2000
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S99)
- Assets (IRS master file)
- $14,793
- Income (IRS master file)
- $1,584,565
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,584,565 | $1,581,481 | $14,793 | XML |
| 990 | June 2024 | $711,827 | $715,608 | $11,709 | XML |
| 990 | June 2023 | $750,662 | $743,114 | $15,490 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 34-1898873).
Questions about DOWNTOWN AKRON SPECIAL IMPROVEMENT DISTRICT INC
- What is the EIN of DOWNTOWN AKRON SPECIAL IMPROVEMENT DISTRICT INC?
- The employer identification number (EIN) of DOWNTOWN AKRON SPECIAL IMPROVEMENT DISTRICT INC is 34-1898873.
- Is DOWNTOWN AKRON SPECIAL IMPROVEMENT DISTRICT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2000.
- Are donations to DOWNTOWN AKRON SPECIAL IMPROVEMENT DISTRICT INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does DOWNTOWN AKRON SPECIAL IMPROVEMENT DISTRICT 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 DOWNTOWN AKRON SPECIAL IMPROVEMENT DISTRICT INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DOWNTOWN AKRON SPECIAL IMPROVEMENT DISTRICT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of DOWNTOWN AKRON SPECIAL IMPROVEMENT DISTRICT INC?
- The 990 for the year ended June 30, 2025 names Sean Vollman.
- Who are the officers and directors of DOWNTOWN AKRON SPECIAL IMPROVEMENT DISTRICT INC?
- The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does DOWNTOWN AKRON SPECIAL IMPROVEMENT DISTRICT INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,584,565, expenses of $1,581,481 and total assets of $14,793 at year end.
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All nonprofits in AKRON · Ohio · Community improvement and capacity building