Nonprofit · EIN 54-1275654
DOWNTOWN MERCHANTS OF BLACKBURG INC
Tax-exempt · BLACKSBURG, VA 24063
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $190,253 | $241,962 | -$51,709 | $74,781 | $129,530 | -$54,749 |
| December 31, 2024 | 990 | $225,204 | $238,006 | -$12,802 | $133,796 | $136,836 | -$3,040 |
| December 31, 2023 | 990 | $206,177 | $222,656 | -$16,479 | $146,153 | $136,391 | $9,762 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $76,563
- of which government grants
- $25,000
- Membership dues
- $11,143
- Program service revenue
- $104,886
- Investment income
- $595
- Net income from sales of inventory
- $8,209
- Other revenue
- $8,209
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $67,840
- Other salaries and wages
- $21,592
- Salaries, compensation and benefits (total)
- $106,608
- Professional fundraising fees
- $0
- Legal fees
- $135
- Accounting fees
- $8,265
- Occupancy
- $5,400
- Travel
- $953
- Program services (functional)
- $119,424
- Management and general (functional)
- $122,538
Balance sheet and other
- Total assets, start of year
- $133,796
- Total assets, end of year
- $74,781
- Total liabilities, end of year
- $129,530
- Net assets, end of year
- -$54,749
- Net assets without donor restrictions
- -$54,749
- Gross receipts
- $203,341
- Employees
- 2
- Volunteers
- 100
- Year formed
- 2002
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TRACIE HUGHES | EXECUTIVE DIRECTOR Trustee or director, Key employee, Highest-paid employee | 40 | $73,840 |
| DEBBIE EDWARDS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| ELLEN WOODALL | TREASURER Trustee or director, Officer | 1 | $0 |
| ERIKA NEWBERRY | BOARD MEMBER Trustee or director | 1 | $0 |
| PEG WARREN | BOARD MEMBER Trustee or director | 1 | $0 |
| RENEE ALARID | BOARD MEMBER Trustee or director | 1 | $0 |
| SETH DAVIS | BOARD MEMBER Trustee or director | – | $0 |
| GARY WALKER | BOARD MEMBER Trustee or director | 1 | $0 |
| LILLY KNEUER | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MAX BAREISS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| SETH DAVIS | TREASURER Trustee or director, Officer | 1 | $0 |
| RENEE ALARID | BOARD MEMBER Trustee or director | 1 | $0 |
| DEBBIE EDWARDS | BOARD MEMBER Trustee or director | 1 | $0 |
| JUSTIN WOOD | BOARD MEMBER Trustee or director | 1 | $0 |
| JUSTIN WOOD | BOARD MEMBER Trustee or director | – | $0 |
| TRACIE HUGHES | EXECUTIVE DIRECTOR Trustee or director, Key employee, Highest-paid employee | 40 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JESSICA JONES | PRESIDENT Trustee or director, Officer | 1 | $0 |
| ELLEN WOODALL | TREASURER Trustee or director, Officer | 1 | $0 |
| CHARLES WOERNER | BOARD MEMBER Trustee or director | 1 | $0 |
| MAX BAREISS | BOARD MEMBER Trustee or director | 1 | $0 |
| SKIP SLOCUM | BOARD MEMBER Trustee or director | 1 | $0 |
| LEIGH SUTHERLAND | BOARD MEMBER Trustee or director | 1 | $0 |
| JUSTIN WOOD | BOARD MEMBER Trustee or director | – | $0 |
| TRACIE HUGHES | EXECUTIVE DIRECTOR Trustee or director, Key employee, Highest-paid employee | 40 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 233, BLACKSBURG, VA 24063-0233
- In care of
- % ACCOUNTING ASSOCIATES LLC
- Principal officer (990 for 2025)
- LEIGH SUTHERLAND TREASURER, 318 NORTH MAIN STREET, BLACKSBURG, VA 24060
- Signed the 990
- ELLEN WOODALL, TREASURER
- Phone
- (540) 951-0454
- Website
- WWW.DOWNTOWNBLACKSBURG.COM
- Return prepared by
- MICHAEL D TUCK CPA PC
Mission
THE DOWNTOWN MERCHANTS OF BLACKSBURG HAS AND WILL CONTINUE TO CONDUCT VARIOUS PROMOTIONAL EVENTS FOR THE DOWNTOWN AREA OF THE COMMUNITY. FUNDS GENERATED THROUGH EVENTS AND MEMBERSHIP DUES ARE CHANNELED BACK INTO THE COMMUNITY FOR DOWNTOWN IMPROVEMENTS IN ACCORDANCE WITH THE DOWNTOWN MASTER PLAN AND SUPPORT FOR COMMUNITY PROJECTS. THE ACTIVITIES WILL BE CONDUCTED THROUGH THE EFFORTS OF THE DIRECTOR OF THE DMOB AS WELL AS VOLUNTEERS FROM WITHIN THE ORGANIZATION.
Program accomplishments
- DOWNTOWN COMMUNITY TOURISM & INVOLVEMENT
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 54-1275654
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $74,781
- Income (IRS master file)
- $203,341
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $190,253 | $241,962 | $74,781 | XML |
| 990 | December 2024 | $225,204 | $238,006 | $133,796 | XML |
| 990 | December 2023 | $206,177 | $222,656 | $146,153 | XML |
| 990 | December 2022 | $173,652 | $190,697 | $141,977 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | December 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 54-1275654).
Questions about DOWNTOWN MERCHANTS OF BLACKBURG INC
- What is the EIN of DOWNTOWN MERCHANTS OF BLACKBURG INC?
- The employer identification number (EIN) of DOWNTOWN MERCHANTS OF BLACKBURG INC is 54-1275654.
- Is DOWNTOWN MERCHANTS OF BLACKBURG INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2002.
- Are donations to DOWNTOWN MERCHANTS OF BLACKBURG INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does DOWNTOWN MERCHANTS OF BLACKBURG 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 MERCHANTS OF BLACKBURG INC 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 MERCHANTS OF BLACKBURG INC 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 MERCHANTS OF BLACKBURG INC?
- The 990 for the year ended December 31, 2025 names LEIGH SUTHERLAND TREASURER.
- Who are the officers and directors of DOWNTOWN MERCHANTS OF BLACKBURG INC?
- The 990 for the year ended December 31, 2025 lists 9 people; 1 received compensation from the organization, the highest $73,840 (TRACIE HUGHES, EXECUTIVE DIRECTOR).
- How much revenue does DOWNTOWN MERCHANTS OF BLACKBURG INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $190,253, expenses of $241,962 and total assets of $74,781 at year end.
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