Nonprofit · EIN 54-2023394
DOWNTOWN DANVILLE ASSOCIATION
Tax-exempt · DANVILLE, VA 24543
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $511,549 | $638,650 | -$127,101 | $752,547 | $57,674 | $694,873 |
| June 30, 2024 | 990 | $720,451 | $630,693 | $89,758 | $832,950 | $10,976 | $821,974 |
| June 30, 2023 | 990 | $579,150 | $706,213 | -$127,063 | $758,049 | $25,833 | $732,216 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $507,976
- of which government grants
- $178,884
- Program service revenue
- $0
- Investment income
- $3,573
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $254,012
- Salaries, compensation and benefits (total)
- $294,971
- Professional fundraising fees
- $0
- Accounting fees
- $8,866
- Occupancy
- $21,547
- Travel
- $13,142
- Depreciation
- $7,179
- Program services (functional)
- $483,272
- Management and general (functional)
- $155,378
Balance sheet and other
- Total assets, start of year
- $832,950
- Total assets, end of year
- $752,547
- Total liabilities, end of year
- $57,674
- Net assets, end of year
- $694,873
- Land, buildings and equipment
- $37,589
- Net assets without donor restrictions
- $388,473
- Net assets with donor restrictions
- $306,400
- Gross receipts
- $511,549
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2000
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DIANA SCHWARTZ | EXECUTIVE DIRECTOR Officer | 30 | $106,987 |
| EMMA SELLERS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| KUNAL ATEL | VICE-PRESIDENT Trustee or director, Officer | 1 | $0 |
| AUSTIN BUNN | TREASURER Trustee or director, Officer | 1 | $0 |
| RACHEL COVINGTON | PAST PRESIDENT Trustee or director, Officer | 1 | $0 |
| CHRISTY HARPER | DIRECTOR Trustee or director | 1 | $0 |
| STEVEN OSBORNE | DIRECTOR Trustee or director | 1 | $0 |
| DREW HERRING | DIRECTOR Trustee or director | 1 | $0 |
| ANDREW HESSLER | DIRECTOR Trustee or director | 1 | $0 |
| RACHEL TIMM | DIRECTOR Trustee or director | 1 | $0 |
| DR DANIELLE MONTAGUE | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DIANA SCHWARTZ | EXECUTIVE DIRECTOR Officer | 30 | $101,205 |
| EMMA SELLERS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| KUNAL ATEL | VICE-PRESIDENT Trustee or director, Officer | 1 | $0 |
| AUSTIN BUNN | TREASURER Trustee or director, Officer | 1 | $0 |
| RACHEL COVINGTON | PAST PRESIDENT Trustee or director, Officer | 1 | $0 |
| CHRISTY HARPER | DIRECTOR Trustee or director | 1 | $0 |
| STEVEN OSBORNE | DIRECTOR Trustee or director | 1 | $0 |
| DREW HERRING | DIRECTOR Trustee or director | 1 | $0 |
| ANDREW HESSLER | DIRECTOR Trustee or director | 1 | $0 |
| RACHEL TIMM | DIRECTOR Trustee or director | 1 | $0 |
| DR DANIELLE MONTAGUE | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DIANA SCHWARTZ | EXECUTIVE DIRECTOR Officer | 30 | $101,205 |
| RACHEL COVINGTON | PRESIDENT Trustee or director, Officer | 1 | $0 |
| EMMA SELLERS | VICE-PRESIDENT Trustee or director, Officer | 1 | $0 |
| WILLIAM CRUMPTON | SECRETARY Trustee or director, Officer | 1 | $0 |
| KUNAL PATEL | TREASURER Trustee or director, Officer | 1 | $0 |
| KELVIN PERRY | PAST PRESIDENT Trustee or director, Officer | 1 | $0 |
| CHRISTY HARPER | DIRECTOR Trustee or director | 1 | $0 |
| STEVEN OSBORNE | DIRECTOR Trustee or director | 1 | $0 |
| DREW HERRING | DIRECTOR Trustee or director | 1 | $0 |
| AUSTIN BUNN | DIRECTOR Trustee or director | 1 | $0 |
| IRVING PEREZ | DIRECTOR Trustee or director | 1 | $0 |
| SANDRA CHINN-GILSTRAP | DIRECTOR Trustee or director | 1 | $0 |
| ANDREW HESSLER | DIRECTOR Trustee or director | 1 | $0 |
| RACHEL TIMM | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 853, DANVILLE, VA 24543-0853
- In care of
- % EDWARD F HODGES JR
- Mailing address (990-N for 2007)
- 635 Main St, Danville VA 24541
- Principal officer (990 for 2024)
- EMMA SELLERS, PO BOX 853, DANVILLE, VA 24543
- Principal officer (990-N for 2007)
- Nick Fowler, 635 Main St, Danville VA 24541
- Signed the 990
- RACHEL COVINGTON, PRESIDENT
- Phone
- (434) 791-4470
- Return prepared by
- HARRIS HARVEY NEAL & COLLPCPA'S
Mission
TO ENSURE THE LONG TERM VIABILITY OF DANVILLE'S RIVER DISTRICT AS A CENTER OF BUSINESS AND CIVIC LIFE, AND A SOURCE OF COMMUNITY PRIDE. RDA CARRIES OUT THIS MISSION THROUGH ACTIVITIES TO ATTRACT AND RETAIN BUSINESSES, RESIDENTS AND VISITORS WHILE PROMOTING DANVILLE'S HIGH QUALITY OF LIFE, PRESERVING ITS HISTORIC AND CULTURAL ASSETS, AND CAPITALIZING ON ITS UNIQUE LOCATION ALONG THE DAN RIVER. RDA WORKS IN PARTNERSHIP WITH THE CITY OF DANVILLE AND OTHER STAKEHOLDERS TO REEXAMINE THIS VISION AS THE AREA CHANGES AND ACHIEVES IMPORTANT MILESTONES.
Program accomplishments
- PROMOTE COMMERCIAL GROWTH IN THE DOWNTOWN AREA OF THE CITYExpenses $483,272
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
- 54-2023394
- 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
- 2002
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $752,547
- Income (IRS master file)
- $511,549
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $511,549 | $638,650 | $752,547 | IRS |
| 990 | June 2024 | $720,451 | $630,693 | $832,950 | IRS |
| 990 | June 2023 | $579,150 | $706,213 | $758,049 | XML |
| 990 | June 2022 | $708,241 | $494,659 | $879,623 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2007 Officer: Nick Fowler | June 30, 2008 | ≤ $50,000 receipts | – | – | e-Postcard |
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 54-2023394).
Questions about DOWNTOWN DANVILLE ASSOCIATION
- What is the EIN of DOWNTOWN DANVILLE ASSOCIATION?
- The employer identification number (EIN) of DOWNTOWN DANVILLE ASSOCIATION is 54-2023394.
- Is DOWNTOWN DANVILLE ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to DOWNTOWN DANVILLE ASSOCIATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DOWNTOWN DANVILLE 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 DANVILLE ASSOCIATION 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 DANVILLE ASSOCIATION 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 DANVILLE ASSOCIATION?
- The 990 for the year ended June 30, 2025 names EMMA SELLERS.
- Who are the officers and directors of DOWNTOWN DANVILLE ASSOCIATION?
- The 990 for the year ended June 30, 2025 lists 11 people; 1 received compensation from the organization, the highest $106,987 (DIANA SCHWARTZ, EXECUTIVE DIRECTOR).
- How much revenue does DOWNTOWN DANVILLE ASSOCIATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $511,549, expenses of $638,650 and total assets of $752,547 at year end.
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