Nonprofit · EIN 81-2175094
DOWNTOWN KINGSPORT ASSOCIATION INC
Tax-exempt · KINGSPORT, TN 37660
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $204,720 | $209,037 | -$4,317 | $95,190 | $10,000 | $85,190 |
| December 31, 2024 | 990 | $182,720 | $190,730 | -$8,010 | $103,091 | $13,584 | $89,507 |
| June 30, 2023 | 990 | $186,041 | $190,074 | -$4,033 | $126,965 | $19,777 | $107,188 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $141,184
- of which government grants
- $90,000
- Program service revenue
- $58,563
- Investment income
- $4,973
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $34,240
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $76,154
- Salaries, compensation and benefits (total)
- $87,403
- Professional fundraising fees
- $0
- Accounting fees
- $4,205
- Occupancy
- $31,000
- Travel
- $2,657
- Program services (functional)
- $128,494
- Management and general (functional)
- $80,543
Balance sheet and other
- Total assets, start of year
- $103,091
- Total assets, end of year
- $95,190
- Total liabilities, end of year
- $10,000
- Net assets, end of year
- $85,190
- Net assets without donor restrictions
- $59,782
- Net assets with donor restrictions
- $25,408
- Gross receipts
- $204,720
- Employees
- 0
- Year formed
- 2016
- State of legal domicile
- TN
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jim Hill | Board Member Trustee or director | 1 | $0 |
| Steven Bower | Board Member Trustee or director | 1 | $0 |
| Paula Bulcao | Board Member Trustee or director | 1 | $0 |
| Hannah Hutchins | Board Member Trustee or director | 1 | $0 |
| Troy Williams | Board Member Trustee or director | 1 | $0 |
| Frank Lett | Secretary Officer | 1 | $0 |
| Dory Creech | Past President Officer | 1 | $0 |
| Tiffany Smelser | President Officer | 1 | $0 |
| Chip Millican | President - Elect Officer | 1 | $0 |
| Chris Rains | Treasurer Officer | 1 | $0 |
990 for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dani Woodrum | Board Member Trustee or director | 1 | $0 |
| Tara Burns | Board Member Trustee or director | 1 | $0 |
| Jim Hill | Board Member Trustee or director | 1 | $0 |
| Chip Millican | Board Member Trustee or director | 1 | $0 |
| Steven Bower | Board Member Trustee or director | 1 | $0 |
| Chris raines | Board Member Trustee or director | 1 | $0 |
| FRANK LETT | Secretary Officer | 1 | $0 |
| Dory Creech | President Officer | 1 | $0 |
| Tiffany Smelser | President- Elect Officer | 1 | $0 |
| Billy Robinson | Past President Officer | 1 | $0 |
990 for the year ended June 30, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DORY CREECH | PRESIDENT EL Trustee or director | – | $0 |
| FRANK LETT | SECRETARY Trustee or director | – | $0 |
| BILLY ROBINSON | PRESIDENT Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 400 CLINCHFIELD ST STE 100, KINGSPORT, TN 37660-3771
- In care of
- % FRIENDS OF DOWNTOWN KINNGSPORT
- Mailing address (990-N for 2016)
- 229 BROAD STREET, KINGSPORT TN 37660
- Principal officer (990 for 2025)
- Frank Lett, 400 Clinchfield St Suite 100, Kingsport, TN 37660
- Principal officer (990-N for 2016)
- BEVERLEY PERDUE, 229 BROAD STREET, KINGSPORT TN 37660
- Signed the 990
- Frank Lett, Secretary
- Phone
- (423) 392-8800
- Return prepared by
- David M Ellis CPA
Mission
TO PROMOTE THE DOWNTOWN KINGSPORT AREA CULTURAL, CIVIC, AND ECONOMIC ACTIVITES TO ENHANCE THE LOCAL COMMUNITY.
Program accomplishments
- TO PROMOTE THE DOWNTOWN KINGSPORT AREA CULTURAL, CIVIC, AND ECONOMIC ACTIVITIES TO ENHANCE THE LOCAL COMMUNITY. THIS INCLUDES PROMOTION OF DOWNTOWN KINGSPORT MERCHANTS AND BUSINESSES TO INCREASE ECONOMIC GROWTH AND TO ADVOCATE FOR PROVIDING OF SERVICES THAT ENHANCE THE DOWNTOWN KINGSPORT AREA. THE ORGANIZATION PROMOTES DEVELOPMENT OF PROPERTY NOT PREVIOUSLY USED AND ACTS AS A VOICE FOR OVER 130 DOWNTOWN BUSINESSES.Expenses $128,494
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 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 81-2175094
- 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
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S12)
- Assets (IRS master file)
- $95,190
- Income (IRS master file)
- $204,720
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $204,720 | $209,037 | $95,190 | IRS |
| 990 | December 2024 | $182,720 | $190,730 | $103,091 | XML |
| 990 | June 2023 | $186,041 | $190,074 | $126,965 | XML |
| 990 | June 2022 | $158,092 | $165,007 | $120,764 | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990-N for 2016 Officer: BEVERLEY PERDUE | December 31, 2016 | ≤ $50,000 receipts | – | – | e-Postcard |
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 81-2175094).
Questions about DOWNTOWN KINGSPORT ASSOCIATION INC
- What is the EIN of DOWNTOWN KINGSPORT ASSOCIATION INC?
- The employer identification number (EIN) of DOWNTOWN KINGSPORT ASSOCIATION INC is 81-2175094.
- Is DOWNTOWN KINGSPORT ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to DOWNTOWN KINGSPORT ASSOCIATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DOWNTOWN KINGSPORT 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 DOWNTOWN KINGSPORT 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 DOWNTOWN KINGSPORT 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 DOWNTOWN KINGSPORT ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 names Frank Lett.
- Who are the officers and directors of DOWNTOWN KINGSPORT ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does DOWNTOWN KINGSPORT ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $204,720, expenses of $209,037 and total assets of $95,190 at year end.
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