Nonprofit · EIN 56-1515954
HICKORY DOWNTOWN DEVELOPMENT ASSOCIATION
Tax-exempt · HICKORY, NC 28603
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $75,283 | $72,089 | $3,194 | $261,967 | $0 | $261,967 |
| December 31, 2024 | 990 | $133,879 | $117,105 | $16,774 | $254,140 | $0 | $254,140 |
| December 31, 2023 | 990-EZ | $149,413 | $101,854 | $47,559 | $145,411 | $0 | $145,411 |
| December 31, 2022 | 990 | $104,876 | $78,033 | $26,843 | $213,782 | $0 | $213,782 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $17,218
- of which government grants
- $17,218
- Program service revenue
- $58,063
- Investment income
- $2
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $31,409
- Salaries, compensation and benefits (total)
- $38,898
- Professional fundraising fees
- $0
- Travel
- $700
- Program services (functional)
- $65,903
- Management and general (functional)
- $6,186
Balance sheet and other
- Total assets, start of year
- $254,140
- Total assets, end of year
- $261,967
- Total liabilities, end of year
- $0
- Net assets, end of year
- $261,967
- Net assets without donor restrictions
- $261,967
- Gross unrelated business income
- $2
- Gross receipts
- $75,283
- Employees
- 1
- Volunteers
- 0
- State of legal domicile
- NC
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Amy Fauquet | Executive Director Officer | 40 | $0 |
| Bill Morgan | Board Member Officer | 1 | $0 |
| Emily Westmoreland | Board Member Officer | 1 | $0 |
| Gavin Mitchell | Board Member Officer | 1 | $0 |
| Gina Bumgarner | Board Member Officer | 1 | $0 |
| Jay Brown | Past President Officer | 1 | $0 |
| Marty Mull | Board Member Officer | 1 | $0 |
| Nika Werner | President Officer | 1 | $0 |
| Sabrina Parris | President Elect/VP Officer | 1 | $0 |
| Yajaira Tiscareno | Treasurer Officer | 1 | $0 |
| Tammy Panther | Board Member Officer | 1 | $0 |
| Juliet Good | Board Member Officer | 1 | $0 |
990 for the year ended December 31, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Amy Fauquet | Executive Director Trustee or director | 40 | $68,194 |
| Bill Morgan | Board Member Officer | 1 | $0 |
| Brandon Hedrick | Board Member Officer | 1 | $0 |
| Emily Westmoreland | Past President Officer | 2 | $0 |
| Gavin Mitchell | Board Member Officer | 1 | $0 |
| Gina Bumgarner | Board Member Officer | 1 | $0 |
| Jay Brown | President Officer | 2 | $0 |
| Marie Geisselle | Board Member Officer | 1 | $0 |
| Marty Mull | Board Member Officer | 1 | $0 |
| Mike Thomas | Board Member Officer | 1 | $0 |
| Nika Werner | President Elect/VP Officer | 2 | $0 |
| Sabrina Parris | Treasurer Officer | 2 | $0 |
| Scott Owen | Board Member Officer | 1 | $0 |
| Tammy Panther | Board Member Officer | 1 | $0 |
990-EZ for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Bill Morgan | Director | 1 | $0 |
| Brandon Hedrick | Director | 1 | $0 |
| Gavin Mitchell | Director | 1 | $0 |
| Gina Bumgarner | Director | 1 | $0 |
| Marie Geisselle | Director | 1 | $0 |
| Marty Mull | Director | 1 | $0 |
| Mike Thomas | Director | 1 | $0 |
| Nika Werner | Director | 2 | $0 |
| Tammy Panther | Director | 1 | $0 |
| Amy Fauquet | Executive Director | 40 | $0 |
| Emily Westmoreland | President | 2 | $0 |
| Jay Brown | President-Elect | 2 | $0 |
990 for the year ended December 31, 2022: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Amy Ogle | Executive Director Officer | 40 | $59,263 |
| Emily Westmoreland | President Trustee or director, Officer | 1 | $0 |
| Tammy Panther | Director Trustee or director | 1 | $0 |
| Marty Mull | Director Trustee or director | 1 | $0 |
| Jay Brown | President Elect Trustee or director, Officer | 1 | $0 |
| Bill Morgan | Director Trustee or director | 1 | $0 |
| Gavin Mitchell | Director Trustee or director | 1 | $0 |
| Sabrina Cook | Treasure/Sec Trustee or director, Officer | 1 | $0 |
| Marie Geisselle | Director Trustee or director | 1 | $0 |
| Nika Werner | Director Trustee or director | 1 | $0 |
| Gina Bumgarner | Director Trustee or director | 1 | $0 |
| Brandon Hedrick | Director Trustee or director | 1 | $0 |
| Mike Thomas | Director Trustee or director | 1 | $0 |
| Scott Owen | Past President Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 9086, HICKORY, NC 28603-9086
- Principal officer (990 for 2025)
- Sabrina Parris, PO Box 9086, Hickory, NC 28602
- Signed the 990
- Sabrina Parris, Vice President
- Phone
- (828) 322-1121
- Return prepared by
- Titans Consulting Tax and Accounting
Mission
To physically and culturally improve downtown Hickory as a place of commerce, recreation, and culture by promoting downtown businesses, supporting economic development, coordinating community events, encouraging tourism and visitation, and administering local Main Street revitalization efforts.
Program accomplishments
- Promoted downtown Hickory businesses and economic development through community marketing initiatives, downtown events, newsletters, social media outreach, and business engagement activities. During the year, the organization coordinated and supported events including the Valentine Crawl and Hickory Hops to encourage downtown visitation, commerce, tourism, and public participation in the downtown district. The organization also promoted downtown businesses through digital communications, community partnerships, and Main Street revitalization efforts.
- Expenses $65,903 · grants $17,218 · revenue $52,943
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | Check at the IRS |
IRS record
- EIN
- 56-1515954
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1995
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $261,967
- Income (IRS master file)
- $75,283
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $75,283 | $72,089 | $261,967 | IRS |
| 990 | December 2024 | $133,879 | $117,105 | $254,140 | IRS |
| 990-EZ | December 2023 | $149,413 | $101,854 | $145,411 | XML |
| 990 | December 2022 | $104,876 | $78,033 | $213,782 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 56-1515954).
Questions about HICKORY DOWNTOWN DEVELOPMENT ASSOCIATION
- What is the EIN of HICKORY DOWNTOWN DEVELOPMENT ASSOCIATION?
- The employer identification number (EIN) of HICKORY DOWNTOWN DEVELOPMENT ASSOCIATION is 56-1515954.
- Is HICKORY DOWNTOWN DEVELOPMENT ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1995.
- Are donations to HICKORY DOWNTOWN DEVELOPMENT ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does HICKORY DOWNTOWN DEVELOPMENT ASSOCIATION 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 HICKORY DOWNTOWN DEVELOPMENT ASSOCIATION 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 HICKORY DOWNTOWN DEVELOPMENT ASSOCIATION 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 HICKORY DOWNTOWN DEVELOPMENT ASSOCIATION?
- The 990 for the year ended June 30, 2025 names Sabrina Parris.
- Who are the officers and directors of HICKORY DOWNTOWN DEVELOPMENT ASSOCIATION?
- The 990 for the year ended June 30, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does HICKORY DOWNTOWN DEVELOPMENT ASSOCIATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $75,283, expenses of $72,089 and total assets of $261,967 at year end.
Other nonprofits in HICKORY
- LENOIR-RHYNE UNIVERSITY EIN 56-0556753 · last filed 990 for 2025
- WESTERN PIEDMONT COUNCIL OF GOVERNMENTS EIN 56-0955853 · last filed 990 for 2023
- AMERICAN THROMBOSIS AND HEMOSTASISNETWORK INC EIN 20-5244339 · last filed 990 for 2024
- YMCA OF CATAWBA VALLEY EIN 56-0928743 · last filed 990 for 2025
- THE MENTAL HEALTH FUND INC EIN 56-2151678 · last filed 990 for 2025
- LAKE HICKORY COUNTRY CLUB INC EIN 56-0486013 · last filed 990 for 2025
- GIRL SCOUTS CAROLINAS PEAKS TO PIEDMONT INC EIN 56-0577629 · last filed 990 for 2025
- HICKORY CHRISTIAN ACADEMY EIN 56-1932672 · last filed 990 for 2025