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Nonprofit · EIN 61-1355965

DOWNTOWN REDEVELOPMENT AUTHORITY INC

Tax-exempt · BOWLING GREEN, KY 42102

Financials

−$2K$93K2023$41K$98K2024−$17K$139K2025
Revenue Expenses · by fiscal year end
Financials of DOWNTOWN REDEVELOPMENT AUTHORITY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-$16,649$139,318-$155,967$61,789$27,500$34,289
December 31, 2024990$41,329$97,970-$56,641$191,167$911$190,256
December 31, 2023990-$2,021$92,783-$94,804$247,857$960$246,897
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$33,710
Program service revenue
$0
Investment income
-$65,692
Net rental income
$4,286
Net gain from sales of assets
-$65,692
Net income from fundraising events
$11,047
Other revenue
$15,333

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$27,000
Salaries, compensation and benefits (total)
$29,066
Professional fundraising fees
$0
Legal fees
$1,000
Accounting fees
$7,625
Occupancy
$1,300
Depreciation
$5,280
Program services (functional)
$36,542
Management and general (functional)
$6,532
Fundraising (functional)
$96,244

Balance sheet and other

Total assets, start of year
$191,167
Total assets, end of year
$61,789
Total liabilities, end of year
$27,500
Net assets, end of year
$34,289
Net assets without donor restrictions
$34,289
Gross unrelated business income
$4,286
Gross receipts
$84,507
Employees
1
Year formed
1998
State of legal domicile
KY

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
BARBARA DEEBEXECUTIVE DI
Officer
40$27,000
JIM BULLINGTONDIRECTOR
Trustee or director
–$0
LESLIE CARTERDIRECTOR
Trustee or director
–$0
SUSAN HOUCHNERCHAIRMAN
Trustee or director, Officer
–$0
GARY MESZAROSDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
BARBARA DEEBEXECUTIVE DI
Officer
40$42,380
RON MURPHYEXECUTIVE DI
Officer
40$24,000
JIM BULLINGTONDIRECTOR
Trustee or director
–$0
LESLIE CARTERDIRECTOR
Trustee or director
–$0
SUSAN HOUCHNERCHAIRMAN
Trustee or director, Officer
–$0
GARY MESZAROSDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
RON MURPHYEXECUTIVE DI
Officer
40$24,000
JIM BULLINGTONDIRECTOR
Trustee or director
–$0
LESLIE CARTERDIRECTOR
Trustee or director
–$0
SUSAN HOUCHNERCHAIRMAN
Trustee or director, Officer
–$0
GARY MESZAROSDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
PO BOX 32, BOWLING GREEN, KY 42102-0032
In care of
% RON MURPHY
Principal officer (990 for 2025)
SUSAN HOUCHNER, 153 RIDGEWOOD DR, BOWLING GREEN, KY 42103
Signed the 990
SUSAN HOUCHNER, CHAIRMAN
Phone
(270) 782-0222
Return prepared by
JOE W TAYLOR CPAS

Mission

REVITALIZATION OF BOWLING GREEN'S DOWNTOWN BUSINESS AREA.

990 for the year ended December 31, 2025

Program accomplishments

  • STIMULATE DOWNTOWN ECONOMIC DEVELOPMENT THROUGH EDUCATION, ORGANIZATION, PROMOTION, AND DESIGN AND TO ENCOURAGE AND SUPPORT THE PRESERVATION AND REVITALIZATION OF THE AREA.
    Expenses $36,542

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
61-1355965
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
2000
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$61,789
Income (IRS master file)
$84,507

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025-$16,649$139,318$61,789XML
990-TDecember 2025–––IRS
990December 2024$41,329$97,970$191,167XML
990December 2023-$2,021$92,783$247,857XML
990December 2022-$7,807$91,109$342,377IRS
990December 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2019–––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 61-1355965).

Questions about DOWNTOWN REDEVELOPMENT AUTHORITY INC

What is the EIN of DOWNTOWN REDEVELOPMENT AUTHORITY INC?
The employer identification number (EIN) of DOWNTOWN REDEVELOPMENT AUTHORITY INC is 61-1355965.
Is DOWNTOWN REDEVELOPMENT AUTHORITY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to DOWNTOWN REDEVELOPMENT AUTHORITY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DOWNTOWN REDEVELOPMENT AUTHORITY 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 REDEVELOPMENT AUTHORITY 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 REDEVELOPMENT AUTHORITY 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 REDEVELOPMENT AUTHORITY INC?
The 990 for the year ended December 31, 2025 names SUSAN HOUCHNER.
Who are the officers and directors of DOWNTOWN REDEVELOPMENT AUTHORITY INC?
The 990 for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $27,000 (BARBARA DEEB, EXECUTIVE DI).
How much revenue does DOWNTOWN REDEVELOPMENT AUTHORITY INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of -$16,649, expenses of $139,318 and total assets of $61,789 at year end.

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