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Nonprofit · EIN 84-1398391

DOWNTOWN PARTNERSHIP OF COLORADO SPRINGS

Tax-exempt · COLORADO SPGS, CO 80903

Financials

$1.2M$1.2M2023$1.3M$1.2M2024$1.4M$1.3M2025
Revenue Expenses · by fiscal year end
Financials of DOWNTOWN PARTNERSHIP OF COLORADO SPRINGS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,432,704$1,320,621$112,083$1,070,337$197,577$872,760
December 31, 2024990$1,283,286$1,235,249$48,037$935,086$174,409$760,677
December 31, 2023990$1,203,335$1,185,120$18,215$905,384$192,744$712,640
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$276,362
Membership dues
$208,236
Program service revenue
$1,166,788
Investment income
$17,833
Net income from fundraising events
-$28,388
Other revenue
-$28,279

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$209,228
Other salaries and wages
$684,410
Salaries, compensation and benefits (total)
$1,090,301
Professional fundraising fees
$0
Accounting fees
$21,825
Travel
$14,356
Depreciation
$13,836
Program services (functional)
$1,094,313
Management and general (functional)
$141,052
Fundraising (functional)
$85,256

Balance sheet and other

Total assets, start of year
$935,086
Total assets, end of year
$1,070,337
Total liabilities, end of year
$197,577
Net assets, end of year
$872,760
Land, buildings and equipment
$43,048
Net assets without donor restrictions
$872,760
Gross receipts
$1,479,366
Employees
23
Volunteers
0
Year formed
1997
State of legal domicile
CO

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 / weekCompensationOther / benefits
Chelsea GondeckCurrent CEO
Officer
55$131,841$13,475
Carrie SimisonDirector Communications & PR
Highest-paid employee
1$102,655$17,545
Hannah ParsonsInterim CEO
Officer
39$63,462$450
Jen FurdaChair
Trustee or director, Officer
1$0$0
Amber PtakVice Chair
Trustee or director, Officer
1$0$0
David DahlinSecretary
Trustee or director, Officer
1$0$0
Matthew HansonTreasurer
Trustee or director, Officer
1$0$0
Chris LieberDDA chair
Trustee or director
1$0$0
Chris SengerBID chair
Trustee or director
1$0$0
Harrison HunterDV chair
Trustee or director
1$0$0
Emily RossBoard Member
Trustee or director
1$0$0
Peter M MaiurroBoard Member
Trustee or director
1$0$0
Nadine HenslerBoard Member
Trustee or director
1$0$0
Stella HodgkinsBoard Member
Trustee or director
1$0$0
Geri JohnsonBoard Member
Trustee or director
1$0$0
1 more people on this return
NameTitleHours / weekCompensation
Ingrid RichterBoard Member
Trustee or director
1$0
990 for the year ended December 31, 2024: 18 people
NameTitleHours / weekCompensationOther / benefits
Susan EdmondsonChief Executive Officer
Officer
55$190,000$21,010
Jen FurdaChair
Trustee or director, Officer
1$0$0
Peter M MaiurroVice Chair
Trustee or director, Officer
1$0$0
Amber PtakSecretary
Trustee or director, Officer
1$0$0
David DahlinTreasurer
Trustee or director, Officer
1$0$0
Chris Lieber(ex officio, DDA chair)
Trustee or director
1$0$0
Chris Senger(ex officio, BID chair
Trustee or director
1$0$0
Nick RagainBoard Member (Partial year)
Trustee or director
1$0$0
Ingrid RichterBoard Member (Partial year)
Trustee or director
1$0$0
James Pat RigdonBoard Member (Partial year)
Trustee or director
1$0$0
Emily RossBoard Member
Trustee or director
1$0$0
Matthew HansonBoard Member
Trustee or director
1$0$0
Seth HarveyBoard Member (Partial year)
Trustee or director
1$0$0
Nadine HenslerBoard Member
Trustee or director
1$0$0
Stella HodgkinsBoard Member
Trustee or director
1$0$0
Harrison Hunter(ex officio, DV chair)
Trustee or director
1$0$0
Geri JohnsonBoard Member
Trustee or director
1$0$0
Kevan WorleyBoard Member (Partial year)
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensationOther / benefits
SUSAN EDMONDSONCEO
Officer
55$195,649$19,581
NADINE HENSLERDIRECTOR
Trustee or director, Officer
1$0$0
PETER MAIURROVICE CHAIR
Trustee or director, Officer
1$0$0
AMBER PTAKSECRETARY
Trustee or director, Officer
1$0$0
WARREN EPSTEINIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0$0
STELLA HODGKINSDIRECTOR
Trustee or director
1$0$0
NATASHA HUTSONTREASURER
Trustee or director
1$0$0
MIKE EDMONDSDIRECTOR
Trustee or director
1$0$0
DAVID DAHLINDIRECTOR
Trustee or director
1$0$0
NICK RAGAINDIRECTOR
Trustee or director
1$0$0
JAMES PAT RIGDONDIRECTOR
Trustee or director
1$0$0
SETH HARVEYDIRECTOR
Trustee or director
1$0$0
TERRELL BROWNDIRECTOR
Trustee or director
1$0$0
JEN FURDACHAIR
Trustee or director, Officer
1$0$0
REV JEREMIAH WILLIAMSONDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
111 S TEJON ST STE 703, COLORADO SPGS, CO 80903-5130
In care of
% DOWN
Principal officer (990 for 2025)
Chelsea Gondeck, 111 S Tejon St 703, Colorado Springs, CO 80903
Signed the 990
Chelsea Gondeck, Chief Executive Officer
Phone
(719) 886-0088
Return prepared by
BiggsKofford Advisors LLC

Mission

Working to ensure that Downtown Colorado Springs serves as the economic, civic, and cultural heart of Colorado Springs.

990 for the year ended December 31, 2025

Program accomplishments

  • More than 200 businesses and organizations were provided technical assistance, marketing support, and customized orientations, including the distribution of 36 press releases that reached out an estimated audience of nearly 90,000 through trusted local and regional media outlets.Hosted 11 ribbon cuttings to introduce new business to the Downtown community and elevate their visibility, building connections and early momentum.Connected with hundreds of stakeholders through engaging presentations about Downtown- building awareness and enthusiasm among diverse groups from real estate professionals to incoming Colorado College freshmen, civic groups, urban planning students, and K-12 learners.Downtown Partnership staff testified at the state capital in support of construction defects reform legislation and in opposition to proposals that would limit Enterprise Zone tax credits for businesses, while broadly advancing the Chamber & EDC's pro-business, pro-growth agenda.The 28th Annual Downtown Breakfast hosted for the fourth year on the floor at Ed Robson Arena at Colorado College reached full capacity with 700 attendees. Hosted a member forum that gave participants the opportunity to hear directly from City Council District 3 candidates, explore their perspectives on key issues, and ask questions about their vision for Downtown.Through dozens of focus groups, open houses, pop-ups, and community events - both in person and online - collected thousands of community voices to inform the refreshed Elevate Downtown.
    Expenses $1,094,313 · revenue $1,166,897

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
84-1398391
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1998
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,070,337
Income (IRS master file)
$1,479,366

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,432,704$1,320,621$1,070,337XML
990December 2024$1,283,286$1,235,249$935,086XML
990December 2023$1,203,335$1,185,120$905,384XML
990December 2022$2,974,348$2,990,541$869,031IRS
990December 2021–––IRS
990December 2020–––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 84-1398391).

Questions about DOWNTOWN PARTNERSHIP OF COLORADO SPRINGS

What is the EIN of DOWNTOWN PARTNERSHIP OF COLORADO SPRINGS?
The employer identification number (EIN) of DOWNTOWN PARTNERSHIP OF COLORADO SPRINGS is 84-1398391.
Is DOWNTOWN PARTNERSHIP OF COLORADO SPRINGS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1998.
Are donations to DOWNTOWN PARTNERSHIP OF COLORADO SPRINGS tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does DOWNTOWN PARTNERSHIP OF COLORADO SPRINGS 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 PARTNERSHIP OF COLORADO SPRINGS 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 PARTNERSHIP OF COLORADO SPRINGS 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 PARTNERSHIP OF COLORADO SPRINGS?
The 990 for the year ended December 31, 2025 names Chelsea Gondeck.
Who are the officers and directors of DOWNTOWN PARTNERSHIP OF COLORADO SPRINGS?
The 990 for the year ended December 31, 2025 lists 16 people; 3 received compensation from the organization, the highest $131,841 (Chelsea Gondeck, Current CEO).
How much revenue does DOWNTOWN PARTNERSHIP OF COLORADO SPRINGS have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,432,704, expenses of $1,320,621 and total assets of $1,070,337 at year end.

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