EIN 56-1432420

Downtown Salisbury

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1983
Most recent tax filings
2024-06-01
Description
Downtown Salisbury promotes, enhances and manages the development of the commercial, business, economic, residential, civic and historical aspects of the central business district. It continues to be the economic, governmental, social and cultural center of Rowan County by promoting activity in economic restructuring and design.
Total revenues
$196,366
2024
Total expenses
$135,992
2024
Total assets
$1,100,652
2024
Num. employees
0
2024

Program areas at Downtown Salisbury

Promoted, enhanced and managed the development of the central business district in a manner which continues to make the district the economic, governmental, social and cultural center of rowan county by promoting activity in economic restructuring,design, promotions, and building partnerships.
Promoted, enhanced and managed the development of the central business district in a manner which continues to make the district the economic, governmental, social and cultural center of rowan county by promoting activity in economic restructuring, design, promotions, and building partnerships.

Who funds Downtown Salisbury

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Duke Energy FoundationVibrant Economies$25,000
Novant HealthCommunity Outreach$7,500

Personnel at Downtown Salisbury

NameTitleCompensation
Sada Stewart TroutmanExecutive Director$0
Mark LewisVice - Chair$0
Stan JordanTreasurer$0
Dileika WilsonSecretary$0
Gianni MoscardiniChair$0
...and 11 more key personnel

Financials for Downtown Salisbury

RevenuesFYE 06/2024
Total grants, contributions, etc.$3,838
Program services$246,140
Investment income and dividends$3,237
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-56,849
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$196,366

Form 990s for Downtown Salisbury

Fiscal year endingDate received by IRSFormPDF link
2024-062024-10-17990View PDF
2023-062023-10-24990View PDF
2022-062022-10-31990View PDF
2021-062021-12-06990View PDF
2020-062021-02-19990View PDF
...and 11 more Form 990s
Data update history
December 30, 2023
Received grants
Identified 1 new grant, including a grant for $25,000 from Duke Energy Foundation
December 3, 2023
Posted financials
Added Form 990 for fiscal year 2023
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 6, 2023
Updated personnel
Identified 2 new personnel
June 7, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
Conservation easementState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 479
Salisbury, NC 28145
Metro area
Charlotte-Concord-Gastonia, NC-SC
County
Rowan County, NC
Website URL
downtownsalisburync.com/ 
Phone
(704) 637-7814
IRS details
EIN
56-1432420
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1983
Eligible to receive tax-deductible contributions (Pub 78)
Yes
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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