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Nonprofit · EIN 62-1556225

KNOXVILLE CBID MANAGEMENT CORPORATION

Also known as DISTRICT MANAGEMENT CORPORATION

Tax-exempt · KNOXVILLE, TN 37902

Financials

$1.2M$1.5M2023$1.4M$989K2024
Revenue Expenses · by fiscal year end
Financials of KNOXVILLE CBID MANAGEMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,363,859$988,706$375,153$2,137,280$1,127,193$1,010,087
June 30, 2024990$1,197,709$1,548,031-$350,322$1,678,918$1,043,980$634,938
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,283,891
Program service revenue
$0
Investment income
$79,968
Other revenue
$0

Expenses

Grants and similar amounts paid
$80,130
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$20,226
Travel
$6,168
Program services (functional)
$877,709
Management and general (functional)
$110,997

Balance sheet and other

Total assets, start of year
$1,678,918
Total assets, end of year
$2,137,280
Total liabilities, end of year
$1,127,193
Net assets, end of year
$1,010,087
Land, buildings and equipment
$55,641
Net assets without donor restrictions
$1,010,087
Gross receipts
$1,363,859
Employees
0
Volunteers
0
Year formed
1993
State of legal domicile
TN

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
NIKKI ELLIOTTTREASURER
Trustee or director, Officer
1$0
FARIS EDBOARD MEMBER
Trustee or director
1$0
VINCE FUSCOVICE CHAIR
Trustee or director, Officer
1$0
MARY KATHERINE WORMSLEYCHAIR
Trustee or director, Officer
1$0
GAY LYONSSECRETARY
Trustee or director, Officer
1$0
BOBBY MCCARTERBOARD MEMBER
Trustee or director
1$0
CHIP BARRYBOARD MEMBER
Trustee or director
1$0
NATALEA CUMMINGSBOARD MEMBER
Trustee or director
1$0
BLAINE WEDEKINDBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensation
MATTHEW DEBARDELABENCHAIR
Trustee or director, Officer
2$0
LORIE MATTHEWSVICE CHAIR
Trustee or director, Officer
1$0
VINCE FUSCOBOARD MEMBER
Trustee or director
1$0
MARY KATHERINE WORMSLEYSECRETARY
Trustee or director, Officer
1$0
ADRIENNE WEBSTERTREASURER
Trustee or director, Officer
1$0
JOHN SANDERSBOARD MEMBER
Trustee or director
1$0
CHIP BARRYBOARD MEMBER
Trustee or director
1$0
NATALEA CUMMINGSBOARD MEMBER
Trustee or director
1$0
BLAINE WEDEKINDBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
17 MARKET SQ STE 201, KNOXVILLE, TN 37902-1447
In care of
% CECILIA PETERSON FIN OFF
Principal officer (990 for 2024)
ANGELA LUNSFORD, 17 MARKET SQUARE 201, KNOXVILLE, TN 37902
Signed the 990
ANGELA LUNSFORD, VP/CONTROLLER
Phone
(865) 637-4550
Return prepared by
BIBLE HARRIS SMITH PC

Mission

DEVELOPMENT OF THE DOWNTOWN AREA OF KNOXVILLE.

990 for the year ended June 30, 2025

Program accomplishments

  • THE ORGANIZATION ASSISTS IN DEVELOPING, PROMOTING, AND BEAUTIFYING THE DOWNTOWN AREA OF KNOXVILLE.
    Expenses $877,709 · grants $80,130

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
62-1556225
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
1995
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,137,280
Income (IRS master file)
$1,363,859

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,363,859$988,706$2,137,280XML
990June 2024$1,197,709$1,548,031$1,678,918XML
990June 2023$1,148,489$989,904$1,342,666IRS
990June 2022$994,784$835,155$975,958IRS
990June 2021–––IRS
990June 2020–––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 62-1556225).

Questions about KNOXVILLE CBID MANAGEMENT CORPORATION

What is the EIN of KNOXVILLE CBID MANAGEMENT CORPORATION?
The employer identification number (EIN) of KNOXVILLE CBID MANAGEMENT CORPORATION is 62-1556225.
Is KNOXVILLE CBID MANAGEMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to KNOXVILLE CBID MANAGEMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KNOXVILLE CBID MANAGEMENT CORPORATION 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 KNOXVILLE CBID MANAGEMENT CORPORATION 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 KNOXVILLE CBID MANAGEMENT CORPORATION 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 KNOXVILLE CBID MANAGEMENT CORPORATION?
The 990 for the year ended June 30, 2025 names ANGELA LUNSFORD.
Who are the officers and directors of KNOXVILLE CBID MANAGEMENT CORPORATION?
The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does KNOXVILLE CBID MANAGEMENT CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,363,859, expenses of $988,706 and total assets of $2,137,280 at year end.

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