Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 42-1376887

IOWA CITY DOWNTOWN SELF SUPPORTED MUNICIPAL IMPROVEMENT DISTRICT

Tax-exempt · IOWA CITY, IA 52240

Financials

$1.5M$1.8M2023$2.2M$2.2M2024
Revenue Expenses · by fiscal year end
Financials of IOWA CITY DOWNTOWN SELF SUPPORTED MUNICIPAL IMPROVEMENT DISTRICT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,207,898$2,244,404-$36,506$214,155$299,625-$85,470
June 30, 2024990$1,498,785$1,792,888-$294,103$260,174$309,138-$48,964
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,327,722
of which government grants
$682,334
Program service revenue
$878,027
Investment income
$2,149
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$326,160
Salaries, compensation and benefits (total)
$377,030
Professional fundraising fees
$0
Accounting fees
$31,247
Occupancy
$45,423
Depreciation
$3,681
Program services (functional)
$2,156,909
Management and general (functional)
$87,495

Balance sheet and other

Total assets, start of year
$260,174
Total assets, end of year
$214,155
Total liabilities, end of year
$299,625
Net assets, end of year
-$85,470
Land, buildings and equipment
$6,176
Gross receipts
$2,207,898
Employees
4
Volunteers
100
Year formed
1992
State of legal domicile
IA

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
BETSY POTTERTOP MGMNT OF
Highest-paid employee
40$118,548
TONY BRANCHSECRETARY
Trustee or director, Officer
2$0
ANGIE BROWNTREASURER
Trustee or director, Officer
2$0
SOPHIE DONTADIRECTOR
Trustee or director
1$0
KEVIN FELKERDIRECTOR
Trustee or director
1$0
ALLISON HOFLENDIRECTOR
Trustee or director
1$0
JOSH IMMERFALLPRESIDENT EL
Trustee or director, Officer
1$0
DAVID KIEFTDIRECTOR
Trustee or director
1$0
ADAM KNIGHTDIRECTOR
Trustee or director
1$0
MACY KRALLDIRECTOR
Trustee or director
1$0
DIEGO LASANSKYDIRECTOR
Trustee or director
1$0
JENNIFER MILLERDIRECTOR
Trustee or director
1$0
KRISTEN MONDANARODIRECTOR
Trustee or director
1$0
JASON PAULIOSPRESIDENT
Trustee or director, Officer
2$0
JEET SAINIDIRECTOR
Trustee or director
1$0
3 more people on this return
NameTitleHours / weekCompensation
JAMIE SKINNERDIRECTOR
Trustee or director
1$0
BETHANY YOUNGDIRECTOR
Trustee or director
1$0
WENDY ZIMMERMANNPAST PRESIDE
Trustee or director, Officer
2$0
990 for the year ended June 30, 2024: 18 people
NameTitleHours / weekCompensation
BETSY POTTERTOP MGMNT OF
Highest-paid employee
40$112,500
TONY BRANCHSECRETARY
Trustee or director, Officer
2$0
ANGIE BROWNTREASURER
Trustee or director, Officer
2$0
SOPHIE DONTADIRECTOR
Trustee or director
1$0
KEVIN FELKERDIRECTOR
Trustee or director
1$0
JOSH IMMERFALLDIRECTOR
Trustee or director
1$0
DAVID KIEFTDIRECTOR
Trustee or director
1$0
MACY KRALLDIRECTOR
Trustee or director
1$0
DIEGO LASANSKYDIRECTOR
Trustee or director
1$0
JAY LEAVESSEURDIRECTOR
Trustee or director
1$0
NINA LOHMANDIRECTOR
Trustee or director
1$0
KRISTEN MONDANARODIRECTOR
Trustee or director
1$0
CHARLIE NUSSERPAST PRESIDE
Trustee or director, Officer
2$0
JASON PAULIOSPRESIDENT EL
Trustee or director, Officer
1$0
JEET SAINIDIRECTOR
Trustee or director
1$0
JAMIE SKINNERDIRECTOR
Trustee or director
1$0
BETHANY YOUNGDIRECTOR
Trustee or director
1$0
WENDY ZIMMERMANNPRESIDENT
Trustee or director, Officer
2$0

Address and contacts

Address (IRS master file)
103 E COLLEGE ST STE 200, IOWA CITY, IA 52240-4008
Principal officer (990 for 2024)
JASON PAULIOS, 103 E COLLEGE ST STE 200, IOWA CITY, IA 52240
Signed the 990
ANGIE BROWN, TREASURER
Phone
(319) 354-0863
Return prepared by
BONTRAGER TAX ACCT & CONSULT LLC

Mission

OUR MISSION IS TO CHAMPION THE IOWA CITY DOWNTOWN DISTRICT AS A PROGRESSIVE, HEALTHY, AND CULTURALLY-VIBRANT URBAN CENTER OF THE REGION.

990 for the year ended June 30, 2025

Program accomplishments

  • TO ENHANCE DOWNTOWN IOWA CITY TO BE A SAFE AND CLEAN DISTRICT WHICH ATTRACTS PEOPLE TO DINE, SHOP, AND ATTEND EVENTS.
    Expenses $2,156,909 · revenue $878,027

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
42-1376887
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1993
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$214,155
Income (IRS master file)
$2,207,898

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,207,898$2,244,404$214,155XML
990June 2024$1,498,785$1,792,888$260,174XML
990June 2023$1,420,051$1,388,859$549,945IRS
990June 2022–––IRS
990June 2021–––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 42-1376887).

Questions about IOWA CITY DOWNTOWN SELF SUPPORTED MUNICIPAL IMPROVEMENT DISTRICT

What is the EIN of IOWA CITY DOWNTOWN SELF SUPPORTED MUNICIPAL IMPROVEMENT DISTRICT?
The employer identification number (EIN) of IOWA CITY DOWNTOWN SELF SUPPORTED MUNICIPAL IMPROVEMENT DISTRICT is 42-1376887.
Is IOWA CITY DOWNTOWN SELF SUPPORTED MUNICIPAL IMPROVEMENT DISTRICT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1993.
Are donations to IOWA CITY DOWNTOWN SELF SUPPORTED MUNICIPAL IMPROVEMENT DISTRICT tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does IOWA CITY DOWNTOWN SELF SUPPORTED MUNICIPAL IMPROVEMENT DISTRICT 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 IOWA CITY DOWNTOWN SELF SUPPORTED MUNICIPAL IMPROVEMENT DISTRICT 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 IOWA CITY DOWNTOWN SELF SUPPORTED MUNICIPAL IMPROVEMENT DISTRICT 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 IOWA CITY DOWNTOWN SELF SUPPORTED MUNICIPAL IMPROVEMENT DISTRICT?
The 990 for the year ended June 30, 2025 names JASON PAULIOS.
Who are the officers and directors of IOWA CITY DOWNTOWN SELF SUPPORTED MUNICIPAL IMPROVEMENT DISTRICT?
The 990 for the year ended June 30, 2025 lists 18 people; 1 received compensation from the organization, the highest $118,548 (BETSY POTTER, TOP MGMNT OF).
How much revenue does IOWA CITY DOWNTOWN SELF SUPPORTED MUNICIPAL IMPROVEMENT DISTRICT have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,207,898, expenses of $2,244,404 and total assets of $214,155 at year end.

Other nonprofits in IOWA CITY

All nonprofits in IOWA CITY · Iowa