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Nonprofit · EIN 72-0915463

DOWNTOWN SHREVEPORT DEVELOPMENT CORPORATION LOCAL DEVELOPMENT COMP

Tax-exempt · SHREVEPORT, LA 71101

Financials

$515K$185K2023$545K$572K2024
Revenue Expenses · by fiscal year end
Financials of DOWNTOWN SHREVEPORT DEVELOPMENT CORPORATION LOCAL DEVELOPMENT COMP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$544,906$572,083-$27,177$7,416,660$10,014$7,406,646
December 31, 2023990$514,531$184,998$329,533$6,977,452$10,540$6,966,912
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$90,925
Investment income
$351,067
Net gain from sales of assets
$218,442
Other revenue
$102,914

Expenses

Grants and similar amounts paid
$1,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$88,411
Accounting fees
$3,535
Depreciation
$24,310
Program services (functional)
$408,989
Management and general (functional)
$163,094

Balance sheet and other

Total assets, start of year
$6,977,452
Total assets, end of year
$7,416,660
Total liabilities, end of year
$10,014
Net assets, end of year
$7,406,646
Land, buildings and equipment
$689,266
Net assets without donor restrictions
$6,579,412
Net assets with donor restrictions
$827,234
Gross receipts
$836,648
Employees
0
Volunteers
0
Year formed
1978
State of legal domicile
LA

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
GREG LOTTDIRECTOR
Trustee or director
0$0
KEVIN BRYANPRESIDENT
Trustee or director, Officer
0$0
LEAH FELDTVICE PRESIDENT
Trustee or director, Officer
0$0
JERI LITTLEDIRECTOR
Trustee or director
0$0
CONWAY LINKDIRECTOR
Trustee or director
0$0
DON RAZINSKYDIRECTOR
Trustee or director
0$0
KATHLEEN MALONETREASURER
Trustee or director, Officer
0$0
NEWT DORSETTDIRECTOR
Trustee or director
0$0
CEDRIC GLOVERACTING EXECUTIVE DIRECTOR
Trustee or director
0$0
JANIE LANDRYACTING DEPUTY DIRECTOR
Trustee or director
0$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
GREG LOTTDIRECTOR
Trustee or director
0$0
KEVIN BRYANPRESIDENT
Trustee or director, Officer
0$0
LEAH FELDTDIRECTOR
Trustee or director
0$0
JERI LITTLEDIRECTOR
Trustee or director
0$0
JIM MALSCHVICE PRESIDENT
Trustee or director, Officer
0$0
CONWAY LINKDIRECTOR
Trustee or director
0$0
DON RAZINSKYDIRECTOR
Trustee or director
0$0
KATHLEEN MALONETREASURER
Trustee or director, Officer
0$0
NEWT DORSETTDIRECTOR
Trustee or director
0$0

Address and contacts

Address (IRS master file)
416 COTTON ST, SHREVEPORT, LA 71101-3708
Principal officer (990 for 2024)
JANIE LANDRY, 416 COTTON STREET, SHREVEPORT, LA 71101
Signed the 990
JANIE LANDRY, ACTING DEPUTY DIRECTOR
Phone
(318) 222-7403
Return prepared by
COLE EVANS & PETERSON

Mission

TO ACTIVELY PURSUE, SUPPORT, FACILITATE AND WELCOME INITIATIVES THAT AID AND ENCOURAGE PRIVATE DEVELOPMENT, AND PROMOTE AND COORDINATE PUBLIC DEVELOPMENT WITHIN THE DOWNTOWN DEVELOPMENT DISTRICT OF SHREVEPORT, LOUISIANA.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE CONVENIENT PARKING FOR EASY ACCESS TO DOWNTOWN SHREVEPORT, LOUISIANA.
    revenue $6,814
  • RESIDENTIAL AND COMMERCIAL DOWNTOWN DEVELOPMENT
    Expenses $408,989 · grants $1,000 · revenue $495,378
  • LOW INTEREST LOANS TO DOWNTOWN BUSINESSES
    revenue $42,714

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
72-0915463
Tax-exempt status
501(c)(4): Social welfare organization
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$7,416,660
Income (IRS master file)
$836,648

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$544,906$572,083$7,416,660IRS
990December 2023$514,531$184,998$6,977,452XML
990December 2022$259,155$215,547$6,094,006IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 72-0915463).

Questions about DOWNTOWN SHREVEPORT DEVELOPMENT CORPORATION LOCAL DEVELOPMENT COMP

What is the EIN of DOWNTOWN SHREVEPORT DEVELOPMENT CORPORATION LOCAL DEVELOPMENT COMP?
The employer identification number (EIN) of DOWNTOWN SHREVEPORT DEVELOPMENT CORPORATION LOCAL DEVELOPMENT COMP is 72-0915463.
Is DOWNTOWN SHREVEPORT DEVELOPMENT CORPORATION LOCAL DEVELOPMENT COMP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4).
Which annual return does DOWNTOWN SHREVEPORT DEVELOPMENT CORPORATION LOCAL DEVELOPMENT COMP 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 SHREVEPORT DEVELOPMENT CORPORATION LOCAL DEVELOPMENT COMP due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DOWNTOWN SHREVEPORT DEVELOPMENT CORPORATION LOCAL DEVELOPMENT COMP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of DOWNTOWN SHREVEPORT DEVELOPMENT CORPORATION LOCAL DEVELOPMENT COMP?
The 990 for the year ended December 31, 2024 names JANIE LANDRY.
Who are the officers and directors of DOWNTOWN SHREVEPORT DEVELOPMENT CORPORATION LOCAL DEVELOPMENT COMP?
The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does DOWNTOWN SHREVEPORT DEVELOPMENT CORPORATION LOCAL DEVELOPMENT COMP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $544,906, expenses of $572,083 and total assets of $7,416,660 at year end.

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