Nonprofit · EIN 86-0745130
DOWNTOWN TEMPE AUTHORITY INC
Tax-exempt · TEMPE, AZ 85281
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,519,862 | $3,439,428 | $80,434 | $4,188,798 | $2,697,761 | $1,491,037 |
| June 30, 2024 | 990 | $3,360,094 | $3,156,678 | $203,416 | $4,461,776 | $3,302,780 | $1,158,996 |
| June 30, 2023 | 990 | $2,933,931 | $2,849,826 | $84,105 | $3,225,091 | $2,269,511 | $955,580 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,500
- of which government grants
- $2,500
- Program service revenue
- $3,438,562
- Investment income
- $76,830
- Net gain from sales of assets
- $7,699
- Other revenue
- $1,970
Expenses
- Grants and similar amounts paid
- $108,305
- Other salaries and wages
- $824,539
- Salaries, compensation and benefits (total)
- $1,020,221
- Professional fundraising fees
- $0
- Legal fees
- $4,565
- Accounting fees
- $204,875
- Occupancy
- $87,517
- Depreciation
- $30,552
Balance sheet and other
- Total assets, start of year
- $4,461,776
- Total assets, end of year
- $4,188,798
- Total liabilities, end of year
- $2,697,761
- Net assets, end of year
- $1,491,037
- Land, buildings and equipment
- $258,072
- Net assets without donor restrictions
- $1,491,037
- Gross receipts
- $3,519,862
- Employees
- 42
- Volunteers
- 150
- Year formed
- 1993
- State of legal domicile
- AZ
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LORI FOSTER | EXEC DIR/PRE Officer | 40 | $155,000 | $23,803 |
| ANTHONY STRAIT | VP OF OPERAT Highest-paid employee | 40 | $132,600 | $6,208 |
| JANE MITTNESS | CPO Highest-paid employee | 40 | $107,000 | $24,685 |
| KIM DEMERITT | DIRECTOR OF Highest-paid employee | 40 | $110,000 | $13,228 |
| ROBIN ARREDONDO-SAVAGE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JARETT BROCK | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ARLENE CHIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRYAN DECKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LOUISA FALLINE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANA GILLIS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CHARLES GOFFNETT | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| TIM GOMEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHARLES HUELLMANTEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROSA INCHAUSTI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| THOMAS ISAAK | DIRECTOR Trustee or director | 1 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL MARTIN | DIRECTOR Trustee or director | 1 | $0 |
| KAITLIN MYERS | DIRECTOR Trustee or director | 1 | $0 |
| JAMES NEAL | DIRECTOR Trustee or director | 1 | $0 |
| ERIC SATHER | PAST CHAIR Trustee or director, Officer | 1 | $0 |
| ANGELA TOPOLOSEK | DIRECTOR Trustee or director | 1 | $0 |
| JULIAN WRIGHT | TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2024: 22 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LORI FOSTER | EXEC DIR/PRE Officer | 40 | $145,000 | $13,853 |
| ANTHONY STRAIT | VP OF OPERAT Highest-paid employee | 40 | $130,000 | $5,463 |
| JANE MITTNESS | CPO Highest-paid employee | 40 | $109,000 | $23,139 |
| KIM DEMERITT | DIRECTOR OF Highest-paid employee | 40 | $109,000 | $12,524 |
| JARETT BROCK | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ARLENE CHIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| COLIN DIAZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HASSAN ELSAAD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANIELLE GILLIGAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANA GILLIS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CHARLES GOFFNET | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| TIM GOMEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHARLES HUELLMANTEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROSA INCHAUSTI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KELLY KALMBRUNN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CURT KREMER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL MARTIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES NEAL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRISTOPHER PALMA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIC SATHER | PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ANGELA TOPOLOSEK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JULIAN WRIGHT | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KATE BORDERS | EXECUTIVE DIRECTOR/PRESIDENT (THRU 6/14) Officer | 40 | $191,220 | $24,379 |
| ADAM JONES | DEPUTY DIRECTOR Highest-paid employee | 40 | $150,110 | $33,538 |
| NANCY BAKER | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CHARLES GOFFNETT | PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ERIC SATHER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JULIAN WRIGHT | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ANDREW CHING | DIRECTOR (THRU 6/1) Trustee or director | 1 | $0 | $0 |
| DANA GILLIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES NEAL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JARETT BROCK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBIN TRICK | DIRECTOR (THRU 7/1) Trustee or director | 1 | $0 | $0 |
| CHARLES HUELLMANTEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICHARD LASEK | DIRECTOR (12/10) Trustee or director | 1 | $0 | $0 |
| DILSHAD MYINDT | DIRECTOR (6/30) Trustee or director | 1 | $0 | $0 |
| TIM GOMEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CURT KREMER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STACEY TORRY | DIRECTOR (THRU 6/30) Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1 W RIO SALADO PKWY, TEMPE, AZ 85281-3743
- Principal officer (990 for 2024)
- LORI FOSTER, 1 W RIO SALADO PARKWAY, TEMPE, AZ 85281
- Signed the 990
- LORI FOSTER, EXEC DIR/PRESIDENT
- Phone
- (480) 355-6060
- Website
- WWW.DOWNTOWNTEMPE.COM
- Return prepared by
- SKINNER CLOUSE GROUP PLLC
Mission
THE DOWNTOWN TEMPE AUTHORITY (DTA) SHALL ACT AS A VEHICLE TO POSITIVELY IMPACT AND DRIVE THE FUTURE OF OUR CITY'S URBAN CENTER AND BE A STEWARD OF THE EXISTING ASSETS AND RESOURCES.
Program accomplishments
- DTA'S MAIN FOCUSES INCLUDE: - KEEPING DOWNTOWN CLEAN - KEEPING DOWNTOWN SAFE - MARKETING DOWNTOWN AND PROMOTING BUSINESS - PRODUCING EVENTS AND SPACE BEAUTIFICATION - MANAGING PARKING WITHIN DOWNTOWN
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 86-0745130
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1995
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $4,188,798
- Income (IRS master file)
- $3,519,862
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,519,862 | $3,439,428 | $4,188,798 | IRS |
| 990 | June 2024 | $3,360,094 | $3,156,678 | $4,461,776 | IRS |
| 990 | June 2023 | $2,933,931 | $2,849,826 | $3,225,091 | XML |
| 990 | June 2022 | $3,042,031 | $2,559,817 | $3,491,952 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 86-0745130).
Questions about DOWNTOWN TEMPE AUTHORITY INC
- What is the EIN of DOWNTOWN TEMPE AUTHORITY INC?
- The employer identification number (EIN) of DOWNTOWN TEMPE AUTHORITY INC is 86-0745130.
- Is DOWNTOWN TEMPE AUTHORITY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1995.
- Are donations to DOWNTOWN TEMPE AUTHORITY INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does DOWNTOWN TEMPE AUTHORITY 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 TEMPE AUTHORITY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DOWNTOWN TEMPE AUTHORITY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of DOWNTOWN TEMPE AUTHORITY INC?
- The 990 for the year ended June 30, 2025 names LORI FOSTER.
- Who are the officers and directors of DOWNTOWN TEMPE AUTHORITY INC?
- The 990 for the year ended June 30, 2025 lists 21 people; 4 received compensation from the organization, the highest $155,000 (LORI FOSTER, EXEC DIR/PRE).
- How much revenue does DOWNTOWN TEMPE AUTHORITY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,519,862, expenses of $3,439,428 and total assets of $4,188,798 at year end.
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