EIN 56-1371833

Downtown Statesville Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
2
Year formed
1983
Most recent tax filings
2023-06-01
Description
Downtown statesveille Development Corporation, Inc. is a nonprofit organization that exists to provide leadership dedicated to the historic preservation and enhancement of Downtown Statesville. Our organization promotes Downtown as the primary center for economic growth opportunities, social experiences and cultural arts in Statesville. Downtown Statesville Development Corporation, Inc. is a nonprofit organization that exists to provide leadership dedicated to the historic preservation and enhancement of Downtown Statesville.
Total revenues
$333,452
2023
Total expenses
$310,299
2023
Total assets
$324,967
2023
Num. employees
2
2023

Program areas at Downtown Statesville Development Corporation

The program service expenses were used in attaining the organization's mission of planning, researching and assisting in the implementation of projects for the Development of real estate and attracting visitors to the Downtown area. The following is a list for which the expenses were made: to promote Downtown through festivals and other promotional events. Working to recruit additional retail, restaurants and other businesses into the Downtown area. Work with the city of Statesville and private property owners on beautification projects. Working to ignite private sector interest in redeveloping Downtown including key anchor properties that are vacant and/or underutilized.

Personnel at Downtown Statesville Development Corporation

NameTitleCompensation
Carla SteeleOfficer / Treasurer$0
Joshua SpeerTreasurer$0
Alex PrinsterSecretary$0
Tip NicholsonOfficer$0
Wes DavidsonChairman$0
...and 4 more key personnel

Financials for Downtown Statesville Development Corporation

RevenuesFYE 06/2023
Total grants, contributions, etc.$186,914
Program services$145,504
Investment income and dividends$1,034
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$0
Total revenues$333,452

Form 990s for Downtown Statesville Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-04-30990View PDF
2022-062023-02-15990View PDF
2021-062022-03-02990View PDF
2021-062022-02-12990View PDF
2020-062021-05-05990View PDF
...and 10 more Form 990s

Organizations like Downtown Statesville Development Corporation

OrganizationLocationRevenue
Southeast Fairfax Development CorpAlexandria, VA$203,240
The Pacific Beach Community Development CorporationSan Diego, CA$610,308
Great Northern Development CorporationWolf Point, MT$1,146,929
Barberton Community Development CorporationBarberton, OH$1,614,614
Culpeper RenaissanceCulpeper, VA$280,483
Lake Francis Case Development CorporationChamberlain, SD$144,173
Harbor DistrictMilwaukee, WI$574,781
Ticonderoga Reviltalization AllianceTiconderoga, NY$778,565
The Aiken Corporation of South CarolinaAiken, SC$417,418
Youngstown CityScapeYoungstown, OH$727,175
Data update history
July 12, 2024
Used new vendors
Identified 1 new vendor, including
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 17, 2023
Updated personnel
Identified 1 new personnel
February 3, 2023
Posted financials
Added Form 990 for fiscal year 2021
October 10, 2022
Updated personnel
Identified 13 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
112 S St
Statesville, NC 28677
Metro area
Charlotte-Concord-Gastonia, NC-SC
County
Iredell County, NC
Website URL
downtownstatesville.com/ 
Phone
(704) 878-3436
IRS details
EIN
56-1371833
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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