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Nonprofit · EIN 88-0217143

DOWNTOWN BUSINESS ASSOCIATION

Tax-exempt · ELKO, NV 89803

Financials

$46K$54K2023$41K$29K2024
Revenue Expenses · by fiscal year end
Financials of DOWNTOWN BUSINESS ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$40,576$29,055$11,521$177,237–$177,237
December 31, 2023990-EZ$46,398$53,988-$7,590$166,622$906$165,716
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$8,398
Investment income
$3,217
Net income from fundraising events
$28,961

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$18,840
Other expenses
$10,215
Program services (functional)
$29,055

Balance sheet and other

Total assets, start of year
$166,622
Total assets, end of year
$177,237
Total liabilities, end of year
–
Net assets, end of year
$177,237
Cash, savings and investments
$177,237
Gross receipts
$96,467

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
MARISSA LOSTRASECRETARY0$0
DERREK ANDERSONPRESIDENT0$0
ALISON BYERSTREASURER0$0
MORGAN LOZANOVICE PRESIDE0$0
IOLANDA GILLINSTRUSTEE/DIRE0$0
TARA CASTEN-GLENNONTRUSTEE/DIRE0$0
LORENA LISSOLOTRUSTEE/DIRE0$0
990-EZ for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
MARISSA LOSTRASECRETARY0$0
DERREK ANDERSONPAST PRESIDE0$0
ALISON BYERSTREASURER0$0
MORGAN LOZANOVICE PRESIDE0$0
BRANDY ORNELASPRESIDENT0$0
IOLALNDA GILLINSTRUSTEE/DIRE0$0
TARA CASTEN-GLENNONTRUSTEE/DIRE0$0
LORENA LISSOLOTRUSTEE/DIRE0$0

Address and contacts

Address (IRS master file)
PO BOX 2609, ELKO, NV 89803-2609
Signed the 990-EZ
ALISON BYERS, TREASURER
Phone
(775) 778-9565
Return prepared by
GLENNON & SANDOVAL

Mission

THE ADVANCEMENT OF CIVIC AND COMMERCIAL INTERESTS AND TO PROMOTE THE GENERAL WELFARE AND PROSPERITY OF THE ELKO DOWNTOWN AREA.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • DURING THE CURRENT YEAR THE DOWNTOWN BUSINESS ASSOCIATION CONTINUED TO CONDUCT ACTIVITIES THAT PROMOTE COMMERCE IN DOWNTOWN ELKO INCLUDING THE FOLLOWING: 1) THE SNOWFLAKE FESTIVAL WHICH IS CONDUCTED DURING THE CHRISTMAS SEASON;AND 2) WINE WALKS WHICH ARE CONDUCTED DURING THE SUMMER AND FALL MONTHS.
    Expenses $29,055

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-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
88-0217143
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1992
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$177,237
Income (IRS master file)
$96,467

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$40,576$29,055$177,237XML
990-EZDecember 2023$46,398$53,988$166,622XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 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 88-0217143).

Questions about DOWNTOWN BUSINESS ASSOCIATION

What is the EIN of DOWNTOWN BUSINESS ASSOCIATION?
The employer identification number (EIN) of DOWNTOWN BUSINESS ASSOCIATION is 88-0217143.
Is DOWNTOWN BUSINESS ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1992.
Are donations to DOWNTOWN BUSINESS ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does DOWNTOWN BUSINESS ASSOCIATION 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 BUSINESS ASSOCIATION 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 DOWNTOWN BUSINESS ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of DOWNTOWN BUSINESS ASSOCIATION?
The 990-EZ for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does DOWNTOWN BUSINESS ASSOCIATION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $40,576, expenses of $29,055 and total assets of $177,237 at year end.

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