EIN 06-0529307

Downtown Toledo Development Corporation

Name: Downtown Toledo Development Corporation financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Toledo

State

Ohio

Year formed

2005

Most recent tax filings

2023-12-01

NTEE code, primary

S31: Urban, Community Economic Development

Description

Downtown Toledo Development Corporation (dtdc) is a non-profit organization formed for the purpose of furthering Development and commercial activity in Downtown Toledo. Activities performed by dtdc include Development and beautification, design work, and, through its parksmart division, management of parking garages, surface lots, and metered parking owned by the toledo-lucas county port authority (port authority) or the city of Toledo. The organization worked to further Development and commercial activity in Downtown Toledo through beautification, design work, and parking management.

Total revenues

$1,451,269

2023

Total expenses

$1,263,472

2023

Total assets

$2,372,766

2023

Num. employees

2023

Program areas at Downtown Toledo Development Corporation

The organization worked to further Development and commercial activity in Downtown Toledo through beautification and design work.

Who funds Downtown Toledo Development Corporation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
The O-I Charities Foundation	2023-12	General Operations	$25,000
Charities Aid Foundation of America	2023-04	Charitable Donation	$24,750
Premier Bank Foundation	2023-12	Charitable	$10,000

Personnel at Downtown Toledo Development Corporation

Name	Title	Compensation	Date of data
Cindy Kerr	Vice President , Operations / Vice President of Operations		2022-06-01
Jason Kucsma	Board Member	$0	2024-11-22
Michael Rheams	Operations Manager		2024-11-22
Ash Layman	Manager of Events and Marketing		2024-11-22
Paul L. Toth	President	$127,958	2024-11-22
...and 5 more key personnel

Financials for Downtown Toledo Development Corporation

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$740,265	$657,370	12.6%
Program services	$726,648	$799,555	-9.1%
Investment income and dividends	$16,885	$2,018	736.7%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$-32,529	$7,565	-530%
Net gain from sale of non-inventory assets	$0	$0	-
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$1,451,269	$1,466,508	-1%

Form 990s for Downtown Toledo Development Corporation

Fiscal year ending	Date received by IRS	Form	PDF link
2022-12	2023-11-14	990	View PDF
2021-12	2022-06-10	990	View PDF
2020-12	2021-05-24	990	View PDF
2019-12	2021-01-21	990	View PDF
2018-12	2019-09-14	990	View PDF
...and 6 more Form 990s

Organizations like Downtown Toledo Development Corporation

Organization	Type	Location	Revenue
Lawrenceville Corporation	501(c)(3)	Pittsburgh, PA	$862,757
Chico Economic Planning Corporation ChicoStart	501(c)(3)	Chico, CA	$417,941
Eagle Market Streets Development Corporation (EMSDC)	501(c)(3)	Asheville, NC	$3,101,437
Ocean City Development Corporation	501(c)(3)	Ocean City, MD	$622,836
The Aiken Corporation of South Carolina	501(c)(3)	Aiken, SC	$417,418
Seward Redesign	501(c)(3)	Minneapolis, MN	$5,591,588
Putnam County Community Improvement Corporation	501(c)(3)	Ottawa, OH	$543,982
Washington Heights Business Improvement District Management Association	501(c)(3)	New York, NY	$1,061,841
Southbank Partners	501(c)(3)	Newport, KY	$388,928
Memphis Medical District Collaborative	501(c)(3)	Memphis, TN	$2,975,790

Data update history

November 22, 2024

Updated personnel

Identified 13 new personnel

July 9, 2024

Received grants

Identified 1 new grant, including a grant for $10,000 from Premier Bank Foundation

May 19, 2024

Received grants

Identified 2 new grant, including a grant for $25,000 from The O-I Charities Foundation

January 24, 2024

Posted financials

Added Form 990 for fiscal year 2022

November 26, 2023

Received grants

Identified 1 new grant, including a grant for $25,000 from The O-I Charities Foundation

Nonprofit Types

Public sector nonprofitsBusiness and community development organizationsCharities

Issues

Arts, cultural, and humanitiesCommunity improvementEconomic development

Characteristics

MembershipsPartially liquidatedState / local levelTax deductible donationsAccepts online donations

General information

Address: 300 Madison Ave Ste 0110; Toledo, OH 43604
Metro area: Toledo, OH
County: Lucas County, OH
Website URL: connectoledo.org/
Phone: (419) 249-5494

IRS details

EIN: 06-0529307
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 2005
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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Downtown Toledo Development Corporation

Program areas at Downtown Toledo Development Corporation

Who funds Downtown Toledo Development Corporation

Personnel at Downtown Toledo Development Corporation

Financials for Downtown Toledo Development Corporation

Form 990s for Downtown Toledo Development Corporation

Organizations like Downtown Toledo Development Corporation

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