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Nonprofit · EIN 87-3321523

FRIENDS OF DOWNTOWN

Tax-exempt · CHARLOTTESVLE, VA 22901

Financials

$528K$403K2023$437K$472K2024
Revenue Expenses · by fiscal year end
Financials of FRIENDS OF DOWNTOWN by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$436,865$471,948-$35,083$295,790$95,400$200,390
December 31, 2023990$528,281$403,317$124,964$333,358$97,885$235,473
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$426,986
Membership dues
$19,485
Program service revenue
$9,879
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$71,500
Other salaries and wages
$65,280
Salaries, compensation and benefits (total)
$165,725
Professional fundraising fees
$0
Accounting fees
$8,707
Occupancy
$12,000
Program services (functional)
$462,618
Management and general (functional)
$50
Fundraising (functional)
$9,280

Balance sheet and other

Total assets, start of year
$333,358
Total assets, end of year
$295,790
Total liabilities, end of year
$95,400
Net assets, end of year
$200,390
Net assets without donor restrictions
$200,390
Gross receipts
$436,865
Employees
3
Volunteers
50
Year formed
2021
State of legal domicile
VA

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, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
ELIZABETH G KELLYEXECUTIVE DIRECTOR
Officer, Key employee, Highest-paid employee
40$0$71,500
MICHAEL CAPLINCO-CHAIR
Trustee or director, Officer
2$0$0
JOAN FENTONDIRECTOR
Trustee or director
1$0$0
KEITH WOODARDDIRECTOR
Trustee or director
1$0$0
BLAIR WILLIAMSONTREASURER
Trustee or director, Officer
2$0$0
LUDWIG KUTTNERCO-CHAIR
Trustee or director, Officer
2$0$0
CHARLEY LEWISVICE CHAIR
Trustee or director, Officer
2$0$0
SUSAN PAYNEDIRECTOR
Trustee or director
1$0$0
HUNTER CRAIGDIRECTOR
Trustee or director
1$0$0
HEIDI BURNETTEDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
ELIZABETH G KELLYEXECUTIVE DIRECTOR
Officer, Key employee, Highest-paid employee
40$80,125
MICHAEL CAPLINCO-CHAIR
Trustee or director, Officer
2$0
JOAN FENTONDIRECTOR
Trustee or director
1$0
CHRIS HENRYDIRECTOR
Trustee or director
1$0
KEITH WOODARDDIRECTOR
Trustee or director
1$0
BLAIR WILLIAMSONTREASURER
Trustee or director, Officer
2$0
LUDWIG KUTTNERCO-CHAIR
Trustee or director, Officer
2$0
CHARLEY LEWISVICE CHAIR
Trustee or director, Officer
2$0
SUSAN PAYNEDIRECTOR
Trustee or director
1$0
HUNTER CRAIGDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
315 RIVANWOOD PL, CHARLOTTESVLE, VA 22901-8939
Mailing address (990-N for 2021)
315 Rivanwood Place, Charlottesville VA 22901
Principal officer (990 for 2024)
BLAIR WILLIAMSON, 315 RIVANWOOD PLACE, CHARLOTTESVILLE, VA 22901
Principal officer (990-N for 2021)
Michael Caplin, 315 Rivanwood Place, Charlottesville VA 22901
Signed the 990
BLAIR WILLIAMSON, TREASURER
Phone
(434) 295-9073
Return prepared by
EFS

Mission

CREATE STRATEGIES AND PROGRAMS TO STIMULATE THE SOCIAL AND ECONOMIC VITALITY OF DOWNTOWN CHARLOTTESVILLE.

990 for the year ended December 31, 2024

Program accomplishments

  • PROGRAMS, PROJECTS, AND ADVERTISING TO STIMULATE DOWNTOWN CHARLOTTESVILLE.
    Expenses $462,618

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
87-3321523
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
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$295,790
Income (IRS master file)
$436,865

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$436,865$471,948$295,790IRS
990December 2023$528,281$403,317$333,358XML
990December 2022$306,692$195,824$203,014IRS
990-N for 2021
Officer: Michael Caplin
December 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Michael Caplin
October 31, 2021≤ $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 87-3321523).

Questions about FRIENDS OF DOWNTOWN

What is the EIN of FRIENDS OF DOWNTOWN?
The employer identification number (EIN) of FRIENDS OF DOWNTOWN is 87-3321523.
Is FRIENDS OF DOWNTOWN tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to FRIENDS OF DOWNTOWN tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRIENDS OF DOWNTOWN 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 FRIENDS OF DOWNTOWN due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRIENDS OF DOWNTOWN last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FRIENDS OF DOWNTOWN?
The 990 for the year ended December 31, 2024 names BLAIR WILLIAMSON.
Who are the officers and directors of FRIENDS OF DOWNTOWN?
The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does FRIENDS OF DOWNTOWN have?
On its 990 for the year ended December 31, 2024 it reported revenue of $436,865, expenses of $471,948 and total assets of $295,790 at year end.

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