EIN 36-4288709

Downers Grove Downtown Management Corporation

IRS 501(c) type
501(c)(6)
Num. employees
3
Year formed
1999
Most recent tax filings
2023-12-01
Description
Downers Grove Downtown Management Corporation promotes the development and expansion of business and the increased valuation of property within the special service area number eleven in Downers Grove, Illinois. It hosts various events throughout the year, including summer nights live entertainment, parades, sidewalk sales, girls' day out activities, wine walks, Halloween activities, visits with Santa and other holiday events. The organization aims to create a favorable retail shopping and service business environment to increase activity within the area.
Also known as...
Downtown Downers Grove
Total revenues
$514,522
2023
Total expenses
$418,838
2023
Total assets
$470,227
2023
Num. employees
3
2023

Program areas at Downers Grove Downtown Management Corporation

Through various promotional events the organization works toward creating a favorable retail shopping and service business environment to increase activity within the special service area number eleven in Downers Grove, Illinois. The main promotional event is the fine arts festival held in september of each year.
Promotional programs include on-going public relations and advertising, the business directory, the restaurant guide, Downtown dollars, gift certificates, holiday decorations, welcome folder and the website.
Other promotional events include the summer nights live entertainment held fridays weekly from may through august, various parades, the Downtown sidewalk sale, girls' day out activities, the wine walk, halloween activities, visits with santa and other holiday activities, the ice festival and other events throughout the year.

Personnel at Downers Grove Downtown Management Corporation

NameTitleCompensation
Erin VeneziaExecutive Director and Manager$76,350
Ann HattanOffice Manager
Kathy BurnsTreasurer$0
Phil StrombergChairman$0
Theresa SchulzVice Chairman$0
...and 5 more key personnel

Financials for Downers Grove Downtown Management Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$400,000
Program services$98,250
Investment income and dividends$52
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
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$16,220
Total revenues$514,522

Form 990s for Downers Grove Downtown Management Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-13990View PDF
2022-122023-06-01990View PDF
2021-122022-09-12990View PDF
2020-122021-11-08990View PDF
2020-042020-10-16990View PDF
...and 9 more Form 990s

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On Hand Development CorporationMiller, SD$209,687
Bensalem Economic Development CorporationBensalem, PA$153,842
Middle Michigan Development CorporationMT Pleasant, MI$1,108,013
Greater Rapid City Area Economic Development CorporationRapid City, SD$686,322
City of Linden District Management CorporationLinden, NJ$198,056
Greater OleanOlean, NY$649,488
Mcallen Economic Development CorporationMcallen, TX$1,521,749
Data update history
August 24, 2024
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Posted financials
Added Form 990 for fiscal year 2020
December 11, 2022
Updated personnel
Identified 9 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
Receives government funding
General information
Address
933a Curtiss St
Downers Grove, IL 60515
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
DuPage County, IL
Website URL
downtowndg.org/ 
Phone
(630) 725-0991
IRS details
EIN
36-4288709
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1999
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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