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Nonprofit · EIN 54-0681034

DOWNTOWN ROANOKE INCORPORATED

Tax-exempt · ROANOKE, VA 24011

Financials

$2.4M$2.5M2022$2M$2M2023$1.8M$2.1M2024
Revenue Expenses · by fiscal year end
Financials of DOWNTOWN ROANOKE INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,836,888$2,096,204-$259,316$1,070,008$504,779$565,229
June 30, 2024990$1,988,465$2,011,740-$23,275$1,224,183$399,638$824,545
June 30, 2023990$2,420,683$2,454,595-$33,912$1,410,696$562,876$847,820
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,811,618
Investment income
$25,270
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$149,152
Other salaries and wages
$196,812
Salaries, compensation and benefits (total)
$425,149
Professional fundraising fees
$0
Accounting fees
$24,000
Occupancy
$48,517
Travel
$9,320
Depreciation
$2,494

Balance sheet and other

Total assets, start of year
$1,224,183
Total assets, end of year
$1,070,008
Total liabilities, end of year
$504,779
Net assets, end of year
$565,229
Net assets without donor restrictions
$565,229
Gross receipts
$1,836,888
Employees
24
Year formed
1960
State of legal domicile
VA

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.

NameTitleHours / weekCompensationOther / benefits
TINA WORKMANPRESIDENT &
Officer
40$134,632$14,520
MATT PUMOCHAIR
Trustee or director, Officer
2$0$0
NADRA SCOTTCHAIR ELECT
Trustee or director, Officer
2$0$0
BRIAN R WELLSTREASURER/PA
Trustee or director, Officer
2$0$0
TIM BELCHERSECRETARY
Trustee or director, Officer
2$0$0
LARRY JACKSONBOARD MEMBER
Trustee or director
2$0$0
BILLY SIPLEBOARD MEMBER
Trustee or director
2$0$0
ERIC SICHAUBOARD MEMBER
Trustee or director
2$0$0
SHON AGUEROBOARD MEMBER
Trustee or director
2$0$0
DUKE BALDRIDGEBOARD MEMBER
Trustee or director
2$0$0
BLAIR GODSEYBOARD MEMBER
Trustee or director
2$0$0
R NEAL KEESEE JRBOARD MEMBER
Trustee or director
2$0$0
OLIVIA KINGBOARD MEMBER
Trustee or director
2$0$0
ROBERT LINDSTROMBOARD MEMBER
Trustee or director
2$0$0
BRIAN MANNBOARD MEMBER
Trustee or director
2$0$0
7 more people on this return
NameTitleHours / weekCompensation
CHRIS MICHAELBOARD MEMBER
Trustee or director
2$0
KATY NEWBERRYBOARD MEMBER
Trustee or director
2$0
TONY PEARMANBOARD MEMBER
Trustee or director
2$0
RHONDA SHANNONBOARD MEMBER
Trustee or director
2$0
LUCAS THORTONBOARD MEMBER
Trustee or director
2$0
STACIE VESTBOARD MEMBER
Trustee or director
2$0
DANIEL WICKHAMBOARD MEMBER
Trustee or director
2$0
990 for the year ended June 30, 2024: 22 people
NameTitleHours / weekCompensationOther / benefits
TINA WORKMANPRESIDENT &
Officer
40$128,719$14,520
BRIAN R WELLSCHAIR
Trustee or director, Officer
2$0$0
MATT PUMOCHAIR ELECT
Trustee or director, Officer
2$0$0
NADRA SCOTTTREASURER
Trustee or director, Officer
2$0$0
TIM BELCHERSECRETARY
Trustee or director, Officer
2$0$0
PAUL PHILLIPSIMMEDIATE PA
Trustee or director, Officer
2$0$0
LARRY JACKSONBOARD MEMBER
Trustee or director
2$0$0
ERIC SICHAUBOARD MEMBER
Trustee or director
2$0$0
CHRISTOPHER ALIEBOARD MEMBER
Trustee or director
2$0$0
DUKE BALDRIDGEBOARD MEMBER
Trustee or director
2$0$0
R NEAL KEESEE JRBOARD MEMBER
Trustee or director
2$0$0
OLIVIA KINGBOARD MEMBER
Trustee or director
2$0$0
ROBERT LINDSTROMBOARD MEMBER
Trustee or director
2$0$0
BRIAN MANNBOARD MEMBER
Trustee or director
2$0$0
CHRIS MICHAELBOARD MEMBER
Trustee or director
2$0$0
KATY NEWBERRYBOARD MEMBER
Trustee or director
2$0$0
TONY PEARMANBOARD MEMBER
Trustee or director
2$0$0
RHONDA SHANNONBOARD MEMBER
Trustee or director
2$0$0
BILLY SIPLEBOARD MEMBER
Trustee or director
2$0$0
LUCAS THORTONBOARD MEMBER
Trustee or director
2$0$0
STACIE VESTBOARD MEMBER
Trustee or director
2$0$0
DANIEL WICKHAMBOARD MEMBER
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 22 people
NameTitleHours / weekCompensationOther / benefits
TINA WORKMANPRESIDENT &
Officer
40$122,667$17,510
BRIAN R WELLSCHAIR
Trustee or director, Officer
2$0$0
MATT PUMOCHAIR ELECT
Trustee or director, Officer
2$0$0
NADRA SCOTTTREASURER
Trustee or director, Officer
2$0$0
TIM BELCHERSECRETARY
Trustee or director, Officer
2$0$0
PAUL PHILLIPSIMMEDIATE PA
Trustee or director, Officer
2$0$0
LARRY JACKSONBOARD MEMBER
Trustee or director
2$0$0
ERIC SICHAUBOARD MEMBER
Trustee or director
2$0$0
CHRISTOPHER ALIEBOARD MEMBER
Trustee or director
2$0$0
DUKE BALDRIDGEBOARD MEMBER
Trustee or director
2$0$0
R NEAL KEESEE JRBOARD MEMBER
Trustee or director
2$0$0
OLIVIA KINGBOARD MEMBER
Trustee or director
2$0$0
ROBERT LINDSTROMBOARD MEMBER
Trustee or director
2$0$0
BRIAN MANNBOARD MEMBER
Trustee or director
2$0$0
CHRIS MICHAELBOARD MEMBER
Trustee or director
2$0$0
KATY NEWBERRYBOARD MEMBER
Trustee or director
2$0$0
TONY PEARMANBOARD MEMBER
Trustee or director
2$0$0
RHONDA SHANNONBOARD MEMBER
Trustee or director
2$0$0
BILLY SIPLEBOARD MEMBER
Trustee or director
2$0$0
LUCAS THORTONBOARD MEMBER
Trustee or director
2$0$0
STACIE VESTBOARD MEMBER
Trustee or director
2$0$0
DANIEL WICKHAMBOARD MEMBER
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
213 MARKET STREET SE, ROANOKE, VA 24011-1805
Principal officer (990 for 2024)
TINA WORKMAN
Signed the 990
TINA WORKMAN, PRESIDENT & CEO
Phone
(540) 342-2028
Return prepared by
ANDERSON & REED LLP

Mission

DOWNTOWN ROANOKE, INC - MAKING YOUR DOWNTOWN EXPERIENCE EXCEPTIONAL THROUGH PROGRAMS, MARKETING, EVENTS, ECONOMIC DEVELOPMENT, ADVOCACY AND LEADERSHIP.

990 for the year ended June 30, 2025

Program accomplishments

  • THE ORGANIZATION WAS CHARTERED IN 1960 TO PROVIDE LEADERSHIP AND SUPPORT FOR THE DOWNTOWN AREA, AND TO UNITE ITS CITIZENS WITH A COMMON DESIRE TO PRESERVE THE CHARACTER OF THE PAST WHILE PURSUING INNOVATIVE DEVELOPMENT PLANS FOR THE FUTURE. THE ORGANIZATION IS THE DOWNTOWN'S PRIMARY ECONOMIC DEVELOPMENT ORGANIZATION IN PARTNERSHIP WITH THE CITY OF ROANOKE, DOWNTOWN PROPERTY OWNERS, AND THE BUSINESS COMMUNITY. THE ORGANIZATION ALSO PROVIDED SPECIFIED SERVICES TO THE CITY AS SET FORTH IN THE TERMS OF THE DOWNTOWN SERVICE DISTRICT (DSD) AGREEMENT BETWEEN THE ORGANIZATION AND THE CITY.

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
54-0681034
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1984
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,070,008
Income (IRS master file)
$1,836,888

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,836,888$2,096,204$1,070,008XML
990June 2024$1,988,465$2,011,740$1,224,183XML
990June 2023$2,420,683$2,454,595$1,410,696XML
990June 2022$1,484,786$1,399,036$1,136,101IRS
990June 2021–––IRS
990June 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 54-0681034).

Questions about DOWNTOWN ROANOKE INCORPORATED

What is the EIN of DOWNTOWN ROANOKE INCORPORATED?
The employer identification number (EIN) of DOWNTOWN ROANOKE INCORPORATED is 54-0681034.
Is DOWNTOWN ROANOKE INCORPORATED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1984.
Are donations to DOWNTOWN ROANOKE INCORPORATED tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does DOWNTOWN ROANOKE INCORPORATED 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 ROANOKE INCORPORATED 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 ROANOKE INCORPORATED 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 ROANOKE INCORPORATED?
The 990 for the year ended June 30, 2025 names TINA WORKMAN.
Who are the officers and directors of DOWNTOWN ROANOKE INCORPORATED?
The 990 for the year ended June 30, 2025 lists 22 people; 1 received compensation from the organization, the highest $134,632 (TINA WORKMAN, PRESIDENT &).
How much revenue does DOWNTOWN ROANOKE INCORPORATED have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,836,888, expenses of $2,096,204 and total assets of $1,070,008 at year end.

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