Nonprofit · EIN 56-1699362
DOWNTOWN DEVELOPMENT ASSOCIATION OF LINCOLNTON INC
Tax-exempt · LINCOLNTON, NC 28093
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $168,105 | $142,085 | $26,020 | $218,877 | $51,714 | $167,163 |
| December 31, 2024 | 990-EZ | $174,930 | $180,859 | -$5,929 | $186,050 | $44,907 | $141,143 |
| December 31, 2023 | 990-EZ | $100,219 | $107,297 | -$7,078 | $148,214 | $1,142 | $147,072 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $52,105
- Program service revenue
- $115,985
- Investment income
- $15
Expenses
- Compensation of officers, directors and key employees
- $55,000
- Salaries, compensation and benefits (total)
- $59,208
- Professional fees and payments to contractors
- $6,320
- Occupancy
- $4,510
- Other expenses
- $72,047
- Program services (functional)
- $81,773
Balance sheet and other
- Total assets, start of year
- $186,050
- Total assets, end of year
- $218,877
- Total liabilities, end of year
- $51,714
- Net assets, end of year
- $167,163
- Cash, savings and investments
- $160,603
- Gross receipts
- $168,105
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BETTY WILKES | EXECUTIVE DI | 40 | $55,000 |
| MESMERY BLAKE | SECRETARY | 1 | $0 |
| RACHEL HERMAN | CHAIR | 5 | $0 |
| MARIE KENYON | VICE CHAIR | 3 | $0 |
| LESLEY CHAPMAN | TREASURER | 1 | $0 |
| THOMAS HUSKEY | DIRECTOR | 2 | $0 |
| JUSTIN SMITH | DIRECTOR | 1 | $0 |
| JONATHAN AUSTIN | DIRECTOR | 1 | $0 |
| CHELSEA GARDNER | DIRECTOR | 1 | $0 |
| EMILY SMITH | DIRECTOR | 1 | $0 |
| ERIC TAYLOR | DIRECTOR | 1 | $0 |
| KELSEY WILLIAMS | DIRECTOR | 1 | $0 |
| KRISTEN WATSON | KRISTEN WATS | 1 | $0 |
| MARTY EADDY | DIRECTOR | 1 | $0 |
| JOHN LINEBERGER | DIRECTOR | 1 | $0 |
990-EZ for the year ended December 31, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BETTY WILKES | EXECUTIVE DI | 40 | $42,500 |
| CARLA BALLARD | CHAIR | 5 | $0 |
| RACHEL HERMAN | VICE CHAIR | 3 | $0 |
| MARIE KENYON | SECRETARY | 1 | $0 |
| LESLEY CHAPMAN | TREASURER | 1 | $0 |
| THOMAS HUSKEY | DIRECTOR | 2 | $0 |
| WAYNE BROOKS | DIRECTOR | 1 | $0 |
| JONATHAN AUSTIN | DIRECTOR | 1 | $0 |
| CHELSEA GORTH | DIRECTOR | 1 | $0 |
| EMILY SMITH | DIRECTOR | 1 | $0 |
| ERIC TAYLOR | DIRECTOR | 1 | $0 |
| JENNIFER RAIMEY | DIRECTOR | 1 | $0 |
| KELSEY WILLIAMS | DIRECTOR | 1 | $0 |
990-EZ for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BETTY WILKES | EXECUTIVE DI | 40 | $42,500 |
| CARLA BALLARD | CHAIR | 5 | $0 |
| RACHEL HERMAN | VICE CHAIR | 2 | $0 |
| MARIE KENYON | SECRETARY | 1 | $0 |
| LESLEY CHAPMAN | TREASURER | 1 | $0 |
| THOMAS HUSKEY | DIRECTOR | 1 | $0 |
| WAYNE BROOKS | DIRECTOR | 0.5 | $0 |
| BETH SEXTON | DIRECTOR | 0.5 | $0 |
| CHELSEA GORTH | DIRECTOR | 0.5 | $0 |
| EMILY SMITH | DIRECTOR | 0.5 | $0 |
| SHAUN MCCLAIN | DIRECTOR | 0.5 | $0 |
| ERIC TAYLOR | DIRECTOR | 0.5 | $0 |
| JENNIFER RAIMEY | DIRECTOR | 0.5 | $0 |
| KELSEY WILLIAMS | DIRECTOR | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 491, LINCOLNTON, NC 28093-0491
- Signed the 990-EZ
- RACHEL HERMAN, CHAIR
- Phone
- (704) 736-8915
- Return prepared by
- HARRISON & ASSOCIATES CPA PA
Mission
TO PROMOTE THE PRESERVATION, PROTECTION, AND USE OF LINCOLNTON'S TRADITIONAL DOWNTOWN AREA.
Program accomplishments
- TO PROMOTE THE PRESERVATION, PROTECTION, AND USE OF LINCOLNTON'S TRADITIONAL DOWNTOWN AREA.Expenses $81,773
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 56-1699362
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $218,877
- Income (IRS master file)
- $168,105
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $168,105 | $142,085 | $218,877 | XML |
| 990-EZ | December 2024 | $174,930 | $180,859 | $186,050 | XML |
| 990-EZ | December 2023 | $100,219 | $107,297 | $148,214 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | 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 56-1699362).
Questions about DOWNTOWN DEVELOPMENT ASSOCIATION OF LINCOLNTON INC
- What is the EIN of DOWNTOWN DEVELOPMENT ASSOCIATION OF LINCOLNTON INC?
- The employer identification number (EIN) of DOWNTOWN DEVELOPMENT ASSOCIATION OF LINCOLNTON INC is 56-1699362.
- Is DOWNTOWN DEVELOPMENT ASSOCIATION OF LINCOLNTON INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to DOWNTOWN DEVELOPMENT ASSOCIATION OF LINCOLNTON INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DOWNTOWN DEVELOPMENT ASSOCIATION OF LINCOLNTON 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 DEVELOPMENT ASSOCIATION OF LINCOLNTON INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DOWNTOWN DEVELOPMENT ASSOCIATION OF LINCOLNTON INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of DOWNTOWN DEVELOPMENT ASSOCIATION OF LINCOLNTON INC?
- The 990-EZ for the year ended December 31, 2025 lists 15 people; 1 received compensation from the organization, the highest $55,000 (BETTY WILKES, EXECUTIVE DI).
- How much revenue does DOWNTOWN DEVELOPMENT ASSOCIATION OF LINCOLNTON INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $168,105, expenses of $142,085 and total assets of $218,877 at year end.
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All nonprofits in LINCOLNTON · North Carolina · Community improvement and capacity building