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Nonprofit · EIN 36-3887732

DOWNTOWN WHEATON ASSOCIATION

Tax-exempt · WHEATON, IL 60187

Financials

$552K$547K2024$599K$596K2025
Revenue Expenses · by fiscal year end
Financials of DOWNTOWN WHEATON ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$598,850$596,405$2,445$186,698$71,547$115,151
December 31, 2024990$552,491$547,490$5,001$253,464$140,758$112,706
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$171,289
Membership dues
$21,350
Program service revenue
$422,865
Investment income
$4,696
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$109,303
Other salaries and wages
$112,860
Salaries, compensation and benefits (total)
$242,073
Professional fundraising fees
$0
Legal fees
$761
Accounting fees
$12,825
Occupancy
$24,750
Travel
$2,964
Depreciation
$357
Program services (functional)
$256,943
Management and general (functional)
$339,105

Balance sheet and other

Total assets, start of year
$253,464
Total assets, end of year
$186,698
Total liabilities, end of year
$71,547
Net assets, end of year
$115,151
Land, buildings and equipment
$2,143
Net assets without donor restrictions
$115,151
Gross receipts
$598,850
Employees
4
Volunteers
20
Year formed
1993
State of legal domicile
IL

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
ALLISON ORRExecutive Dir.
Trustee or director
60$109,303
BETSY ADAMOWSKIDirector
Trustee or director
0.5$0
CHERYL ARMSTRONGTreasurer
Trustee or director, Officer
0.5$0
BRIAN BAREPresident
Trustee or director, Officer
0.5$0
WILLIAM BARRETTDirector
Trustee or director
0.5$0
MIKE BENARDDirector
Trustee or director
0.5$0
SUSAN BISHELDirector
Trustee or director
0.5$0
KARL DILLENKOFFERDirector
Trustee or director
0$0
BRAD HUINERDirector
Trustee or director
0.5$0
JOANNA JACOBS-NOLANDirector
Trustee or director
0.5$0
JIM KOZIKDirector
Trustee or director
0.5$0
GUS LEVENTISSecretary
Trustee or director, Officer
0.5$0
MATT MARQUEZDirector
Trustee or director
0.5$0
JIM MATHIESONDirector
Trustee or director
0.5$0
MARGO MCCOLLISTERDirector
Trustee or director
0.5$0
7 more people on this return
NameTitleHours / weekCompensation
KATHY MEYERVice President
Trustee or director, Officer
0.5$0
DICK O'GORMANDirector
Trustee or director
0.5$0
LYNN ROBBINSDirector
Trustee or director
0.5$0
MASSIMO SALATINODirector
Trustee or director
0.5$0
ERIC SCHLICKMANDirector
Trustee or director
0.5$0
VANESSA STANGDirector
Trustee or director
0.5$0
LISA UPHAMDirector
Trustee or director
0.5$0
990 for the year ended December 31, 2024: 22 people
NameTitleHours / weekCompensation
ALLISON ORREXECUTIVE DI
Trustee or director
60$94,874
BETSY ADAMOWSKIDIRECTOR
Trustee or director
0.5$0
CHERYL ARMSTRONGTREASURER
Trustee or director, Officer
0.5$0
BRIAN BAREPRESIDENT
Trustee or director, Officer
0.5$0
WILLIAM BARRETTDIRECTOR
Trustee or director
0.5$0
MIKE BENARDDIRECTOR
Trustee or director
0.5$0
SUSAN BISHELDIRECTOR
Trustee or director
0.5$0
KARL DILLENKOFFERDIRECTOR
Trustee or director
0.5$0
BRAD HUINERDIRECTOR
Trustee or director
0.5$0
JOANNA JACOBS-NOLANDIRECTOR
Trustee or director
0.5$0
JIM KOZIKDIRECTOR
Trustee or director
0.5$0
GUS LEVENTISSECRETARY
Trustee or director, Officer
0.5$0
MATT MARQUEZDIRECTOR
Trustee or director
0.5$0
JIM MATHIESONDIRECTOR
Trustee or director
0.5$0
MARGO MCCOLLISTERDIRECTOR
Trustee or director
0.5$0
KATHY MEYERVICE-PRESIDE
Trustee or director, Officer
0.5$0
DICK O'GORMANDIRECTOR
Trustee or director
0.5$0
LYNN ROBBINSDIRECTOR
Trustee or director
0.5$0
MASSIMO SALATINODIRECTOR
Trustee or director
0.5$0
ERIC SCHLICKMANDIRECTOR
Trustee or director
0.5$0
VANESSA STANGDIRECTOR
Trustee or director
0.5$0
LISA UPHAMDIRECTOR
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
206 N MAIN ST, WHEATON, IL 60187-5328
In care of
% DOWNTOWN BUSINESS ASSOC
Principal officer (990 for 2025)
BRIAN BARE, 206 N MAIN STREET, WHEATON, IL 60187
Signed the 990
CHERYL ARMSTRONG, TREASURER
Phone
(630) 682-0633
Return prepared by
Jacobs & Newmark PC

Mission

The Downtown Wheaton Association (DWA) is a 501(c)(6) nonprofit organization dedicated to driving economic growth and opportunity in downtown Wheaton by fostering connections between local businesses and the community.

990 for the year ended December 31, 2025

Program accomplishments

  • Salaries expense consists of compensation for four full-time employees who are responsible for carrying out the organizations mission of promoting economic growth and community engagement in downtown Wheaton. These employees manage day-to-day operations, coordinate events and programming, develop partnerships with local businesses, and oversee marketing and outreach initiatives. Their efforts are essential to fostering collaboration between businesses and the community and ensuring the successful execution of programs that support local economic development.
    Expenses $222,163
  • Program expenses primarily relate to the planning and execution of community events and initiatives designed to enhance engagement and stimulate economic activity. Throughout the year, the organization hosts a variety of events, including seasonal and holiday celebrations, job fairs, and business networking forums. These programs provide opportunities for local businesses to connect with residents, attract visitors to the downtown area, and contribute to overall economic vitality.
    Expenses $182,765
  • Advertising expenses include costs associated with promoting downtown Wheaton businesses, community events, and economic development initiatives. The organization utilizes various marketing channels to increase visibility for local businesses and drive customer traffic to the downtown area. These efforts are aligned with the organizations mission by supporting business growth, enhancing community awareness, and encouraging local spending. Advertising is a key component in ensuring strong participation in events and sustained economic activity within the downtown district.
    Expenses $67,359

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
36-3887732
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$186,698
Income (IRS master file)
$598,850

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025–––IRS
990December 2024–––IRS
990December 2023$638,364$664,541$193,809IRS
990December 2022$531,527$519,323$225,422IRS
990December 2021–––IRS
990December 2020–––IRS
990April 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about DOWNTOWN WHEATON ASSOCIATION

What is the EIN of DOWNTOWN WHEATON ASSOCIATION?
The employer identification number (EIN) of DOWNTOWN WHEATON ASSOCIATION is 36-3887732.
Is DOWNTOWN WHEATON ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1996.
Are donations to DOWNTOWN WHEATON ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does DOWNTOWN WHEATON 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 DOWNTOWN WHEATON 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 DOWNTOWN WHEATON 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 DOWNTOWN WHEATON ASSOCIATION?
The 990 for the year ended December 31, 2025 names BRIAN BARE.
Who are the officers and directors of DOWNTOWN WHEATON ASSOCIATION?
The 990 for the year ended December 31, 2025 lists 22 people; 1 received compensation from the organization, the highest $109,303 (ALLISON ORR, Executive Dir.).
How much revenue does DOWNTOWN WHEATON ASSOCIATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $598,850, expenses of $596,405 and total assets of $186,698 at year end.

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