Nonprofit · EIN 56-1790531
DOWNTOWN DURHAM INC
Tax-exempt · DURHAM, NC 27701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,440,547 | $2,449,245 | -$8,698 | $1,482,640 | $1,034,917 | $447,723 |
| June 30, 2024 | 990 | $2,084,453 | $2,066,199 | $18,254 | $1,865,714 | $1,409,293 | $456,421 |
| June 30, 2023 | 990 | $1,940,210 | $1,912,395 | $27,815 | $1,796,349 | $1,358,182 | $438,167 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $224,075
- of which government grants
- $119,575
- Program service revenue
- $2,208,688
- Investment income
- $1,698
- Net rental income
- $6,086
- Other revenue
- $6,086
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $246,964
- Other salaries and wages
- $443,584
- Salaries, compensation and benefits (total)
- $779,171
- Professional fundraising fees
- $0
- Accounting fees
- $20,025
- Occupancy
- $88,195
- Travel
- $26,551
- Depreciation
- $4,131
Balance sheet and other
- Total assets, start of year
- $1,865,714
- Total assets, end of year
- $1,482,640
- Total liabilities, end of year
- $1,034,917
- Net assets, end of year
- $447,723
- Land, buildings and equipment
- $12,888
- Net assets without donor restrictions
- $447,723
- Gross receipts
- $2,440,547
- Employees
- 9
- Volunteers
- 26
- Year formed
- 1992
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NICOLE J THOMPSON | PRESIDENT & CEO Officer | 40 | $149,000 | $9,728 |
| ANNA BRANLY | DIRECTOR OF ADMIN/FINANCE Officer | 40 | $82,649 | $7,596 |
| JUSTIN SACCO | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| TRAVIS ROUSE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ADRIAN GONZALEZ | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| REBECCA BOLTON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| NIDA ALLAM | EX OFFICIO Trustee or director | 1 | $0 | $0 |
| DORIAN BOLDEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AMOS COOPER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFF FURMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GARY GARBER | AT LARGE Trustee or director | 1 | $0 | $0 |
| CECILIA HENAINE DE DAVIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIN KARCHER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NISH LEBLANC | AT LARGE Trustee or director | 1 | $0 | $0 |
| ANGELA LEE | DIRECTOR Trustee or director | 1 | $0 | $0 |
13 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAN LEVINE | DIRECTOR Trustee or director | 1 | $0 |
| SHELLEY MCPHATTER | AT LARGE Trustee or director | 1 | $0 |
| MACKLYN MOSLEY | DIRECTOR Trustee or director | 1 | $0 |
| TYLER PARSONS | AT LARGE Trustee or director | 1 | $0 |
| LOUIS PERKINS | DIRECTOR Trustee or director | 1 | $0 |
| KEVIN PRICE | AT LARGE Trustee or director | 1 | $0 |
| CARL RIST | DIRECTOR Trustee or director | 1 | $0 |
| ANDRES SERPA | DIRECTOR Trustee or director | 1 | $0 |
| LYNN SOLOMON | AT LARGE Trustee or director | 1 | $0 |
| CRAIG SPITZER | DIRECTOR Trustee or director | 1 | $0 |
| FASIL TESFAYE | AT LARGE Trustee or director | 1 | $0 |
| SEAN UMSTEAD | DIRECTOR Trustee or director | 1 | $0 |
| LUCY WERT | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 29 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NICOLE J THOMPSON | PRESIDENT & CEO Officer | 40 | $143,007 | $9,056 |
| ZENA HOWARD | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| TRAVIS ROUSE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| REBECCA BOLTON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| AKUA JOHNSON MATHERSON | AT LARGE Trustee or director, Officer | 1 | $0 | $0 |
| NISH LEBLANC | AT LARGE Trustee or director, Officer | 1 | $0 | $0 |
| SHELLEY MCPHATTER | AT LARGE Trustee or director, Officer | 1 | $0 | $0 |
| JEFF PAINE | AT LARGE Trustee or director, Officer | 1 | $0 | $0 |
| JUSTIN SACCO | AT LARGE Trustee or director, Officer | 1 | $0 | $0 |
| LYNN SOLOMON | AT LARGE Trustee or director, Officer | 1 | $0 | $0 |
| FASIL TESFAYE | AT LARGE Trustee or director, Officer | 1 | $0 | $0 |
| DORIAN BOLDEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AMOS COOPER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFF FURMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GARY GARBER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ADRIAN GONZALEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CAREY GREENE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CECILIA HENAINE DE DAVIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRENDA HOWERTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIN KARCHER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANGELA LEE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TYLER PARSONS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEVIN PRICE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CARL RIST | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CRAIG SPITZER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| IONA THOMAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LUCY WERT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| YVETTE WEST | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TUCKER BARTLETT | PAST CHAIR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 28 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NICOLE THOMPSON | PRESIDENT & CEO Officer | 40 | $119,107 | $8,086 |
| ZENA HOWARD | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| TUCKER BARTLETT | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| REBECCA BOLTON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| TRAVIS ROUSE | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| DORIAN BOLDEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNINGS BRODY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUSAN FIERROS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFF FURMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GARY GARBER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CAREY GREENE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHANNON HEALY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRENDA HOWERTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AKUA JOHNSON MATHERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NISH LEBLANC | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHELLEY MCPHATTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK-ANTHONY MIDDLETON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFF PAINE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEVIN PRICE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JUSTIN SACCO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANTHONY SCOTT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SCOTT SELIG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LYNN SOLOMON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FASIL TESFAYE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| IONA THOMAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LARRY TILLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LUCY WERT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| YVETTE WEST | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 307 W MAIN ST STE 102, DURHAM, NC 27701-4880
- In care of
- % NICOLE THOMPSON
- Principal officer (990 for 2024)
- NICOLE J THOMPSON, 307 W MAIN ST 102, DURHAM, NC 27701
- Signed the 990
- KEVIN PRICE, TREASURER
- Phone
- (919) 682-2800
- Website
- WWW.DOWNTOWNDURHAM.COM
- Return prepared by
- NORTON COLLAR LUND LILLEY PLLC
Mission
CREATE AN ENVIRONMENT FOR PRIVATE DEVELOPMENT IN DOWNTOWN DURHAM BY FOCUSING OUR EFFORTS IN FIVE MAIN PROJECT AREAS: ECONOMIC DEVELOPMENT, PARKING, APPEARANCE, SAFETY, PROMOTION.
Program accomplishments
- DOWNTOWN DURHAM, INC. EXISTS TO PROMOTE AND BE A CATALYST FOR THE REVITALIZATION OF DURHAM'S DOWNTOWN DISTRICT BY FOCUSING ON FIVE MAIN AREAS THAT INCLUDE ECONOMIC DEVELOPMENT, PARKING, APPEARANCE, SAFETY, AND PROMOTION.Expenses $2,215,684 · revenue $2,208,688
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
- 56-1790531
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1995
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,482,640
- Income (IRS master file)
- $2,440,547
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,440,547 | $2,449,245 | $1,482,640 | XML |
| 990 | June 2024 | $2,084,453 | $2,066,199 | $1,865,714 | XML |
| 990 | June 2023 | $1,940,210 | $1,912,395 | $1,796,349 | XML |
| 990 | June 2022 | $1,586,578 | $1,577,564 | $1,600,844 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 56-1790531).
Questions about DOWNTOWN DURHAM INC
- What is the EIN of DOWNTOWN DURHAM INC?
- The employer identification number (EIN) of DOWNTOWN DURHAM INC is 56-1790531.
- Is DOWNTOWN DURHAM INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1995.
- Are donations to DOWNTOWN DURHAM INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does DOWNTOWN DURHAM 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 DURHAM INC 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 DURHAM INC 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 DURHAM INC?
- The 990 for the year ended June 30, 2025 names NICOLE J THOMPSON.
- Who are the officers and directors of DOWNTOWN DURHAM INC?
- The 990 for the year ended June 30, 2025 lists 28 people; 2 received compensation from the organization, the highest $149,000 (NICOLE J THOMPSON, PRESIDENT & CEO).
- How much revenue does DOWNTOWN DURHAM INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,440,547, expenses of $2,449,245 and total assets of $1,482,640 at year end.
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