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Nonprofit · EIN 56-1570881

ASHEVILLE DOWNTOWN ASSOCIATION INC

Tax-exempt · ASHEVILLE, NC 28801

Financials

$488K$491K2023$523K$608K2024$794K$714K2025
Revenue Expenses · by fiscal year end
Financials of ASHEVILLE DOWNTOWN ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$794,033$713,814$80,219$322,590$0$322,590
December 31, 2024990$522,604$607,838-$85,234$242,540$169$242,371
December 31, 2023990$487,847$490,777-$2,930$330,533$2,928$327,605
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$66,189
of which government grants
$40,936
Membership dues
$25,253
Program service revenue
$721,887
Investment income
$5,957
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$199,523
Salaries, compensation and benefits (total)
$226,960
Professional fundraising fees
$0
Accounting fees
$9,205
Travel
$23,855
Depreciation
$4,735
Program services (functional)
$635,139
Management and general (functional)
$78,675

Balance sheet and other

Total assets, start of year
$242,540
Total assets, end of year
$322,590
Total liabilities, end of year
$0
Net assets, end of year
$322,590
Land, buildings and equipment
$1,970
Net assets without donor restrictions
$322,590
Gross receipts
$794,033
Employees
4
Volunteers
300
Year formed
1987
State of legal domicile
NC

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
JEFFERSON ELLISONBOARD MEMBER
Trustee or director
0.5$0
DEXTER HAZELBOARD MEMBER
Trustee or director
0.5$0
JESSICA HENDRIXPRESIDENT
Trustee or director, Officer
2$0
GEOFF KOSLOWCO-SECRETARY
Trustee or director, Officer
1$0
BETH LANEBOARD ATTORN
Trustee or director
1$0
JILL LIEBERMANBOARD MEMBER
Trustee or director
0.5$0
DREW POLLICKBOARD MEMBER
Trustee or director
0.5$0
JUSTIN RABUCKBOARD MEMBER
Trustee or director
0.5$0
ALEXANDRIA MONQUE RAVENELBOARD MEMBER
Trustee or director
0.5$0
CATE RYBABOARD MEMBER
Trustee or director
0.5$0
BETH SILVERMANCO-SECRETARY
Trustee or director, Officer
1$0
TED SULLIVANTREASURER
Trustee or director, Officer
1$0
TIFFANY THACKERNONVOTING AD
Trustee or director
0.5$0
NEAL WARDBOARD MEMBER
Trustee or director
0.5$0
SARAH WATKINSBOARD MEMBER
Trustee or director
0.5$0
1 more people on this return
NameTitleHours / weekCompensation
JARED WHEATLEYBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2024: 13 people
NameTitleHours / weekCompensation
NUR EDWARDSBOARD MEMBER
Trustee or director
1$0
JEFFERSON ELLISONBOARD MEMBER
Trustee or director
1$0
DEXTER HAZELBOARD MEMBER
Trustee or director
1$0
JESSICA HENDRIXPRESIDENT
Trustee or director, Officer
4$0
GEOFF KOSLOWBOARD MEMBER
Trustee or director
1$0
BETH LANEPAST PRESIDE
Trustee or director, Officer
2$0
JILL LIEBERMANBOARD MEMBER
Trustee or director
1$0
JUSTIN RABUCKBOARD MEMBER
Trustee or director
1$0
ALEXANDRIA MONQUE RAVENELBOARD MEMBER
Trustee or director
2$0
BETH SILVERMANBOARD MEMBER
Trustee or director
1$0
TED SULLIVANTREASURER
Trustee or director, Officer
2$0
NEAL WARDBOARD MEMBER
Trustee or director
1$0
JARED WHEATLEYVICE PRESIDE
Trustee or director, Officer
2$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensation
MARSHA ALMODOVARBOARD MEMBER
Trustee or director
1$0
ANNE COOMBSBOARD MEMBER
Trustee or director
1$0
NUR EDWARDSBOARD MEMBER
Trustee or director
1$0
ASHLEIGH HARDESBOARD MEMBER
Trustee or director
1$0
DEXTER HAZELBOARD MEMBER
Trustee or director
1$0
JESSICA HENDRIXVICE PRESIDE
Trustee or director, Officer
2$0
BETH LANEPRESIDENT
Trustee or director, Officer
4$0
JILL LIEBERMANBOARD MEMBER
Trustee or director
2$0
ANNA PRIESTBOARD MEMBER
Trustee or director
1$0
JUSTIN RABUCKBOARD MEMBER
Trustee or director
1$0
ALEXANDRIA MONQUE RAVENELBOARD MEMBER
Trustee or director
2$0
CATE RYBABOARD MEMBER
Trustee or director
2$0
BETH SILVERMANBOARD MEMBER
Trustee or director
1$0
SEAY STEPHENSTREASURER
Trustee or director, Officer
2$0
TED SULLIVANBOARD MEMBER
Trustee or director
2$0
NEAL WARDBOARD MEMBER
Trustee or director
2$0
JOHN WILSONBOARD MEMBER
Trustee or director
2$0

Address and contacts

Address (IRS master file)
29 HAYWOOD ST, ASHEVILLE, NC 28801-2835
Principal officer (990 for 2025)
JESSICA HENDRIX
Signed the 990
HAYDEN PLEMMONS, EXECUTIVE DIRECTOR
Phone
(828) 251-9973
Return prepared by
SULLIVAN & SULLIVAN PLLC

Mission

OUR MISSION IS TO ENHANCE THE JOYFUL EXPERIENCE OF WORKING, LIVING, AND EXPLORING IN DOWNTOWN ASHEVILLE. AS THE VOICE OF DOWNTOWN, WE WORK TO PRESERVE THE INTEGRITY OF OUR COMMUNITY AND SUPPORT INNOVATION FOR A DYNAMIC, ECONOMICALLY VIBRANT FUTURE. WE WHOLEHEARTEDLY ADVOCATE FOR A DOWNTOWN ASHEVILLE THAT IS BEAUTIFUL, SAFE, AND WELCOMING FOR ALL.

990 for the year ended December 31, 2025

Program accomplishments

  • TO BE A LEADER AND ADVOCATE FOR THE VITALITY OF DOWNTOWN ASHEVILLE.
  • TO BE A LEADER AND ADVOCATE FOR THE VITALITY OF DOWNTOWN ASHEVILLE.

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
56-1570881
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1988
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$322,590
Income (IRS master file)
$794,033

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$794,033$713,814$322,590IRS
990December 2024$522,604$607,838$242,540XML
990December 2023$487,847$490,777$330,533XML
990December 2022$492,184$422,782$330,535IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 56-1570881).

Questions about ASHEVILLE DOWNTOWN ASSOCIATION INC

What is the EIN of ASHEVILLE DOWNTOWN ASSOCIATION INC?
The employer identification number (EIN) of ASHEVILLE DOWNTOWN ASSOCIATION INC is 56-1570881.
Is ASHEVILLE DOWNTOWN ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1988.
Are donations to ASHEVILLE DOWNTOWN ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ASHEVILLE DOWNTOWN ASSOCIATION 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 ASHEVILLE DOWNTOWN ASSOCIATION 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 ASHEVILLE DOWNTOWN ASSOCIATION 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 ASHEVILLE DOWNTOWN ASSOCIATION INC?
The 990 for the year ended December 31, 2025 names JESSICA HENDRIX.
Who are the officers and directors of ASHEVILLE DOWNTOWN ASSOCIATION INC?
The 990 for the year ended December 31, 2025 lists 16 people; 0 received compensation from the organization.
How much revenue does ASHEVILLE DOWNTOWN ASSOCIATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $794,033, expenses of $713,814 and total assets of $322,590 at year end.

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