Nonprofit · EIN 81-2946188
DOWNTOWN TROY BUSINESS IMPROVEMENT DISTRICT FOUNDATION INC
Tax-exempt · TROY, NY 12180
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990-EZ | $31,300 | $31,017 | $283 | $24,374 | $14,265 | $10,109 |
Financial details: 990-EZ for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $31,300
Expenses
- Grants and similar amounts paid
- $28,229
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $700
- Other expenses
- $2,088
- Program services (functional)
- $28,229
Balance sheet and other
- Total assets, start of year
- $43,162
- Total assets, end of year
- $24,374
- Total liabilities, end of year
- $14,265
- Net assets, end of year
- $10,109
- Cash, savings and investments
- $24,374
- Gross receipts
- $31,300
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, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| OLIVIA CLEMENTE | EXECUTIVE DI | 1 | $0 |
| MATT CALLAHAN | PRESIDENT | 0 | $0 |
| JEFF MIREL | VICE PRESIDE | 0 | $0 |
| SARAH CACIOLA | SECRETARY | 0 | $0 |
| DAVID GARDELL | TREASURER | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 102 3RD ST, TROY, NY 12180-4037
- In care of
- % KATIE HAMMON
- Mailing address (990-N for 2025)
- 102 THIRD STREET, TROY NY 12180
- Principal officer (990-N for 2025)
- OLIVIA CLEMENTE, 102 THIRD STREET, TROY NY 12180
- Signed the 990-EZ
- OLIVIA CLEMENTE, EXECUTIVE DIRECTOR
- Phone
- (518) 279-7997
- Return prepared by
- DALLE ACCOUNTING AND CASH MANAGEMENT INC
Mission
THE DOWNTOWN TROY BUSINESS IMPROVEMENT DISTRICT FOUNDATION, INC. IS A CHARITABLE ORGANIZATION CREATED TO BE A CATALYST FOR THE DOWNTOWN TROY BUSINESS IMPROVEMENT DISTRICT, CREATED AS A MEANS FOR DONORS TO SUPPORT THE ACTIVITIES AND PROMOTION OF EVENTS OF THE DOWNTOWN TROY BUSINESS IMPROVEMENT DISTRICT. THE FOUNDATION OVERSEES FUNDRAISING INITIATIVES OF THE DOWNTOWN TROY BUSINESS IMPROVEMENT DISTRICT IN THE FORM OF ANNUAL SPONSORSHIP, ADVERTISING AGREEMENTS, PROJECT BASED FUNDING AND EVENT SPONSORSHIP.
Program accomplishments
- THE FOUNDATION OVERSEES FUNDRAISING INITIATIVES OF THE DOWNTOWN TROY BUSINESS IMPROVEMENT DISTRICT IN THE FORM OF ANNUAL SPONSORSHIP, ADVERTISING AGREEMENTS, PROJECT BASED FUNDING, AND EVENT SPONSORSHIP.Expenses $28,229 · grants $28,229
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-N on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 81-2946188
- 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
- 2017
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S20)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: OLIVIA CLEMENTE | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2024 Officer: OLIVIA CLEMENTE | December 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2023 | $31,300 | $31,017 | $24,374 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-EZ | December 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 81-2946188).
Questions about DOWNTOWN TROY BUSINESS IMPROVEMENT DISTRICT FOUNDATION INC
- What is the EIN of DOWNTOWN TROY BUSINESS IMPROVEMENT DISTRICT FOUNDATION INC?
- The employer identification number (EIN) of DOWNTOWN TROY BUSINESS IMPROVEMENT DISTRICT FOUNDATION INC is 81-2946188.
- Is DOWNTOWN TROY BUSINESS IMPROVEMENT DISTRICT FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to DOWNTOWN TROY BUSINESS IMPROVEMENT DISTRICT FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DOWNTOWN TROY BUSINESS IMPROVEMENT DISTRICT FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of DOWNTOWN TROY BUSINESS IMPROVEMENT DISTRICT 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 DOWNTOWN TROY BUSINESS IMPROVEMENT DISTRICT FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of DOWNTOWN TROY BUSINESS IMPROVEMENT DISTRICT FOUNDATION INC?
- The 990-N for 2025 names OLIVIA CLEMENTE.
- Who are the officers and directors of DOWNTOWN TROY BUSINESS IMPROVEMENT DISTRICT FOUNDATION INC?
- The 990-EZ for the year ended December 31, 2023 lists 5 people; 0 received compensation from the organization.
- How much revenue does DOWNTOWN TROY BUSINESS IMPROVEMENT DISTRICT FOUNDATION INC have?
- On its 990-EZ for the year ended December 31, 2023 it reported revenue of $31,300, expenses of $31,017 and total assets of $24,374 at year end.
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