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EIN 84-3444377

Downtown Asheboro

IRS 501(c) type
501(c)(3)
Num. employees
1
City
Asheboro
State
North Carolina
Year formed
2019
Most recent tax filings
2024-06-01
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
Description
Downtown Asheboro promotes businesses within historic structures, creating a stronger core for preservation activities. It also acquires, restores, and preserves homes, churches, and public buildings to promote an appreciation of history.
Total revenues
$818,888
2024
Total expenses
$317,333
2024
Total assets
$630,539
2024
Num. employees
1
2024

Program areas at Downtown Asheboro

Promoting an appreciation of history through the acquistion, restoration, and preservation of homes, churches, and public buildings.

Personnel at Downtown Asheboro

NameTitleCompensation
Al LapradeChair$0
Joel McCloskyVice Chair$0
Barbara GallimoreSecretary and Treasurer$0

Financials for Downtown Asheboro

RevenuesFYE 06/2024
Total grants, contributions, etc.$749,416
Program services$65,672
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$3,800
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$818,888

Form 990s for Downtown Asheboro

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-09990View PDF
2022-062022-11-16990View PDF
2021-062021-11-01990EZView PDF

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Deep Ellum FoundationDallas, TX$2,019,560
Main Street PascagoulaPascagoula, MS$362,585
Midtown IndianapolisIndianapolis, IN$392,714
One South EuclidSouth Euclid, OH$241,931
City Center Waco Center IncubatorWaco, TX$374,840
Southwest PartnershipBaltimore, MD$2,027,772
Data update history
January 1, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 1, 2024
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 28, 2023
Posted financials
Added Form 990EZ for fiscal year 2021
June 27, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Arts, cultural, and humanitiesCommunity improvementHistory
Characteristics
Partially liquidatedState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
222 Sunset Ave 106a
Asheboro, NC 27203
Metro area
Greensboro-High Point, NC
Website URL
downtownasheboro.com/ 
Phone
(336) 610-2628
IRS details
EIN
84-3444377
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2019
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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