Nonprofit · EIN 81-0593483
ASHEVILLE DOWNTOWN ASSOCIATION FOUNDATION INC
Tax-exempt · ASHEVILLE, NC 28801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $87,400 | $95,203 | -$7,803 | $15,211 | $7,677 | $7,534 |
| December 31, 2024 | 990-EZ | $44,492 | $36,413 | $8,079 | $20,447 | $5,109 | $15,338 |
| December 31, 2023 | 990-EZ | $8,003 | $21,205 | -$13,202 | $7,258 | – | $7,258 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $80,304
- Program service revenue
- $7,092
- Investment income
- $4
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $94,476
- Other expenses
- $727
- Program services (functional)
- $95,203
Balance sheet and other
- Total assets, start of year
- $20,446
- Total assets, end of year
- $15,211
- Total liabilities, end of year
- $7,677
- Net assets, end of year
- $7,534
- Cash, savings and investments
- $10,561
- Gross receipts
- $87,400
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ASHLEIGH HARDES | BOARD MEMBER | 0.25 | $0 |
| BRYANT KORZENIEWSKI | BOARD MEMBER | 0.25 | $0 |
| RUTH SUMMERS | BOARD MEMBER | 0.25 | $0 |
| BETH LANE | PRESIDENT | 0.25 | $0 |
| BEN COLVIN | BOARD MEMBER | 0.25 | $0 |
| JESSICA HENDRIX | BOARD MEMBER | 0.25 | $0 |
| ADRIAN VASSALLO | BOARD MEMBER | 0.25 | $0 |
| WILLIAM DURR | BOARD MEMBER | 0.25 | $0 |
| HAYDEN PLEMMONS | EXECUTIVE DI | 0 | $0 |
990-EZ for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRYANT KORZENIEWSKI | BOARD MEMBER | 0.5 | $0 |
| RUTH SUMMERS | BOARD MEMBER | 0.5 | $0 |
| ASHLEIGH HARDES | BOARD MEMBER | 0.5 | $0 |
| ADRIAN VASSALLO | BOARD MEMBER | 0.5 | $0 |
| WILLIAM DURR | BOARD MEMBER | 0.5 | $0 |
| BEN COLVIN | BOARD MEMBER | 0.5 | $0 |
| JESSICA HENDRIX | BOARD MEMBER | 0.5 | $0 |
| BETH LANE | PRESIDENT | 0.5 | $0 |
| HAYDEN PLEMMONS | EXECUTIVE DI | 4 | $0 |
990-EZ for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ADRIAN VASSALLO | BOARD MEMBER | 0 | $0 |
| BEN COLVIN | PRESIDENT | 0 | $0 |
| BRYANT KORZENIEWSKI | BOARD MEMBER | 0 | $0 |
| BYRON GREINER | BOARD MEMBER | 0 | $0 |
| JOHN FLEMING | BOARD MEMBER | 0 | $0 |
| RUTH SUMMERS | BOARD MEMBER | 0 | $0 |
| SEAY STEPHENS | BOARD MEMBER | 0 | $0 |
| TOBY WEAS | BOARD MEMBER | 0 | $0 |
| TOMMY DENNISON | BOARD MEMBER | 0 | $0 |
| MEGHAN ROGERS | EXECUTIVE DI | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 29 HAYWOOD ST, ASHEVILLE, NC 28801-2835
- In care of
- % ADRIAN VASSALLO
- Signed the 990-EZ
- HAYDEN PLEMMONS, EXECUTIVE DIRECTOR
- Phone
- (828) 251-9973
- Return prepared by
- SULLIVAN & SULLIVAN PLLC
Mission
THE PURPOSE OF THE ASHEVILLE DOWNTOWN ASSOCIATION FOUNDATION, INC IS TO IMPROVE THE DOWNTOWN ASHEVILLE (NORTH CAROLINA) COMMUNITY THROUGH EFFORTS AND INITIATIVES DESIGNED TO PROMOTE THE ARTS, INCREASE COMMUNITY AWARENESS, AND SUPPORT EFFORTS TO END HOMELESSNESS.
Program accomplishments
- THE PURPOSE OF THE ASHEVILLE DOWNTOWN ASSOCIATION FOUNDATION, INC IS TO IMPROVE THE DOWNTOWN ASHEVILLE (NORTH CAROLINA) COMMUNITY THROUGH EFFORTS AND INITIATIVES DESIGNED TO PROMOTE THE ARTS, INCREASE COMMUNITY AWARENESS, AND SUPPORT EFFORTS TO END HOMELESSNESS.Expenses $95,203
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 81-0593483
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $15,211
- Income (IRS master file)
- $87,400
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $87,400 | $95,203 | $15,211 | IRS |
| 990-EZ | December 2024 | $44,492 | $36,413 | $20,447 | XML |
| 990-EZ | December 2023 | $8,003 | $21,205 | $7,258 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 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 81-0593483).
Questions about ASHEVILLE DOWNTOWN ASSOCIATION FOUNDATION INC
- What is the EIN of ASHEVILLE DOWNTOWN ASSOCIATION FOUNDATION INC?
- The employer identification number (EIN) of ASHEVILLE DOWNTOWN ASSOCIATION FOUNDATION INC is 81-0593483.
- Is ASHEVILLE DOWNTOWN ASSOCIATION FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to ASHEVILLE DOWNTOWN ASSOCIATION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does ASHEVILLE DOWNTOWN ASSOCIATION FOUNDATION 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 FOUNDATION 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 FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of ASHEVILLE DOWNTOWN ASSOCIATION FOUNDATION INC?
- The 990-EZ for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does ASHEVILLE DOWNTOWN ASSOCIATION FOUNDATION INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $87,400, expenses of $95,203 and total assets of $15,211 at year end.
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All nonprofits in ASHEVILLE · North Carolina · Community improvement and capacity building