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Nonprofit · EIN 03-0372533

DOWNTOWN RUTLAND PARTNERSHIP INC

Tax-exempt · RUTLAND, VT 05701

Financials

$302K$317K2023$305K$284K2024
Revenue Expenses · by fiscal year end
Financials of DOWNTOWN RUTLAND PARTNERSHIP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$304,524$284,417$20,107$170,723$31,020$139,703
June 30, 2024990$301,718$317,087-$15,369$169,501$49,905$119,596
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$41,262
Program service revenue
$262,336
Investment income
$926
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$63,894
Other salaries and wages
$17,986
Salaries, compensation and benefits (total)
$91,586
Professional fundraising fees
$0
Accounting fees
$8,867
Occupancy
$18,799
Travel
$99
Depreciation
$9,893
Program services (functional)
$261,445
Management and general (functional)
$22,972

Balance sheet and other

Total assets, start of year
$169,501
Total assets, end of year
$170,723
Total liabilities, end of year
$31,020
Net assets, end of year
$139,703
Land, buildings and equipment
$68,409
Gross receipts
$304,524
Employees
3
Volunteers
0
Year formed
2002
State of legal domicile
VT

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
ANDY PALUCHPRESIDENT
Trustee or director, Officer
1.5$0
JADZIAH DEROSIAVICE PRESIDENT
Trustee or director, Officer
1.5$0
EDDIE RYANTREASURER
Trustee or director, Officer
1.5$0
ELIJAH LACHANCESECRETARY
Trustee or director, Officer
1.5$0
CASEY MCNEILDIRECTOR
Trustee or director
1$0
MICHELLE CORDEIRODIRECTOR
Trustee or director
1$0
EMILY OSMERDIRECTOR
Trustee or director
1$0
PAIGE PROUTYDIRECTOR
Trustee or director
1$0
DAN TRAINORDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensation
EDDIE RYANTREASURER
Trustee or director, Officer
1$0
JADZIAH DEROSIASECRETARY
Trustee or director, Officer
1$0
ANDY PALUCHVICE PRESIDENT
Trustee or director, Officer
1$0
MICHELLE CORDEIRODIRECTOR
Trustee or director
1$0
PAIGE PROUTYDIRECTOR
Trustee or director
1$0
CASEY MCNEILPRESIDENT
Trustee or director, Officer
1$0
ELIJAH LACHANCEDIRECTOR
Trustee or director
1$0
EMILY OSMERDIRECTOR
Trustee or director
1$0
TIM OWENSDIRECTOR
Trustee or director
1$0
TAMMY LANDONDIRECTOR
Trustee or director
1$0
DAN TRAINORDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
28 CENTER ST, RUTLAND, VT 05701-4015
In care of
% TONI TROTTIER
Principal officer (990 for 2024)
ANDY PALUCH, 28 CENTER STREET, RUTLAND, VT 05701
Signed the 990
ANDY PALUCH, PRESIDENT
Phone
(802) 773-9380
Return prepared by
A M PEISCH & COMPANY LLP

Mission

THE DOWNTOWN RUTLAND PARTNERSHIP SERVES TO MANAGE, MARKET, AND MAINTAIN THE DOWNTOWN RUTLAND SPECIAL BENEFITS DISTRICT AND ADVANCE ACTIVITIES THAT WILL IMPROVE THE VITALITY OF THE BUSINESS COMMUNITY AND ENHANCE THE CULTURAL AND PHYSICAL CLIMATE OF THE DISTRICT.

990 for the year ended June 30, 2025

Program accomplishments

  • HELD SEVERAL EVENTS AND ACTIVITIES AND CONDUCTED MARKETING FOR THE PROMOTION OF OVER 200 BUSINESSES AND PROPERTY OWNERS IN DOWNTOWN RUTLAND, VT. DRP ADDITIONALLY PROVIDES GRANTS TO BUSINESSES LOCATED IN DOWNTOWN RUTLAND, VT - NONE IN FY25.
    Expenses $261,445 · revenue $262,336

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
03-0372533
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$170,723
Income (IRS master file)
$304,524

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$304,524$284,417$170,723XML
990June 2024$301,718$317,087$169,501XML
990June 2023$281,502$304,810$155,881IRS
990June 2022$264,262$203,921$177,505IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 03-0372533).

Questions about DOWNTOWN RUTLAND PARTNERSHIP INC

What is the EIN of DOWNTOWN RUTLAND PARTNERSHIP INC?
The employer identification number (EIN) of DOWNTOWN RUTLAND PARTNERSHIP INC is 03-0372533.
Is DOWNTOWN RUTLAND PARTNERSHIP INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to DOWNTOWN RUTLAND PARTNERSHIP INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DOWNTOWN RUTLAND PARTNERSHIP INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of DOWNTOWN RUTLAND PARTNERSHIP INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DOWNTOWN RUTLAND PARTNERSHIP INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of DOWNTOWN RUTLAND PARTNERSHIP INC?
The 990 for the year ended June 30, 2025 names ANDY PALUCH.
Who are the officers and directors of DOWNTOWN RUTLAND PARTNERSHIP INC?
The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does DOWNTOWN RUTLAND PARTNERSHIP INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $304,524, expenses of $284,417 and total assets of $170,723 at year end.

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