Nonprofit · EIN 82-0467139
IDAHO FALLS DOWNTOWN DEVELOPMENT CORPORATION
Tax-exempt · IDAHO FALLS, ID 83402
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $439,737 | $405,440 | $34,297 | $140,990 | $12,232 | $128,758 |
| September 30, 2024 | 990 | $467,146 | $428,790 | $38,356 | $104,904 | $10,443 | $94,461 |
| September 30, 2023 | 990 | $570,048 | $563,714 | $6,334 | $64,999 | $8,894 | $56,105 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $125,822
- of which government grants
- $115,500
- Program service revenue
- $306,300
- Investment income
- $482
- Net income from fundraising events
- -$9,806
- Other revenue
- $7,133
Expenses
- Grants and similar amounts paid
- $16,200
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $144,487
- Salaries, compensation and benefits (total)
- $160,666
- Professional fundraising fees
- $0
- Occupancy
- $10,836
- Depreciation
- $9,512
- Program services (functional)
- $395,928
Balance sheet and other
- Total assets, start of year
- $104,904
- Total assets, end of year
- $140,990
- Total liabilities, end of year
- $12,232
- Net assets, end of year
- $128,758
- Land, buildings and equipment
- $15,440
- Gross receipts
- $492,408
- Employees
- 9
- Year formed
- 1996
- State of legal domicile
- ID
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN CUTLER | PAST PRES Trustee or director | 1 | $0 |
| MARK CORNELISON | Director Trustee or director | 1 | $0 |
| BRANDI NEWTON | Treasurer Trustee or director, Officer | 2 | $0 |
| JILL HANSEN | Secretary Trustee or director, Officer | 2 | $0 |
| SID PAGE | Director Trustee or director | 1 | $0 |
| CAITLYN LONG | Director Trustee or director | 1 | $0 |
| PAUL BAKER | Director Trustee or director | 1 | $0 |
| JAKE DURTSCHI | ex officio Trustee or director | 1 | $0 |
| MICHELLE ZIELDINGMAN | Director Trustee or director | 1 | $0 |
| CATHERINE MCCLURE | Director Trustee or director | 1 | $0 |
| MATT JACOBESEN | Vice President Trustee or director, Officer | 2 | $0 |
| REBECCA CASPER | EX-OFFICIO Trustee or director | 1 | $0 |
| LISA FARRIS | EX-OFFICIO Trustee or director | 1 | $0 |
| CHIP LANGERAK | President Trustee or director, Officer | 2 | $0 |
| KERRY HAMMON | Executive Dir. Officer | 40 | $0 |
990 for the year ended September 30, 2024: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TARA MENDOZA | Director Trustee or director | 1 | $0 |
| KEVIN CUTLER | PAST PRESIDENT Trustee or director, Officer | 2 | $0 |
| SHANON TAYLOR | Director Trustee or director | 1 | $0 |
| GREGG CROCKETT | Director Trustee or director | 1 | $0 |
| BRYAN J CHAFFIN | Executive Dir. Trustee or director, Officer | 40 | $0 |
| BRANDI NEWTON | Treasurer Trustee or director, Officer | 2 | $0 |
| JILL HANSEN | Secretary Trustee or director, Officer | 2 | $0 |
| SID PAGE | Director Trustee or director | 1 | $0 |
| CAITLYN LONG | Director Trustee or director | 1 | $0 |
| PAUL BAKER | Director Trustee or director | 1 | $0 |
| JAKE DURTSCHI | ex officio Trustee or director | 2 | $0 |
| MICHELLE ZIELDINGMAN | Director Trustee or director | 1 | $0 |
| CATHERINE SMITH | Director Trustee or director | 1 | $0 |
| MATT JACOBESEN | Director Trustee or director | 1 | $0 |
| REBECCA CASPER | EX-OFFICIO Trustee or director | 1 | $0 |
| LISA FARRIS | EX-OFFICIO Trustee or director | 1 | $0 |
| CHIP LANGERAK | President Trustee or director, Officer | 2 | $0 |
990 for the year ended September 30, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CINDY NAPIER | Director Trustee or director | 1 | $0 |
| KEVIN CUTLER | President Trustee or director, Officer | 2 | $0 |
| SHANON TAYLOR | Director Trustee or director | 1 | $0 |
| GREGG CROCKETT | Director Trustee or director | 1 | $0 |
| BRANDI NEWTON | Treasurer Trustee or director, Officer | 2 | $0 |
| JILL HANSEN | Secretary Trustee or director, Officer | 2 | $0 |
| ANTONIO MEZA | Director Trustee or director | 1 | $0 |
| KEVIN JOSEPHSON | Director Trustee or director | 1 | $0 |
| JAKE DURTSCHI | PAST President Trustee or director, Officer | 2 | $0 |
| TASHA TAYLOR | Director Trustee or director | 1 | $0 |
| REBECCA CASPER | EX-OFFICIO Trustee or director | 1 | $0 |
| LISA FARRIS | EX-OFFICIO Trustee or director | 1 | $0 |
| CHIP LANGERAK | Vice President Trustee or director, Officer | 1 | $0 |
| CATHERINE SMITH | Executive Dir. Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 381 SHOUP AVE STE 207, IDAHO FALLS, ID 83402-3651
- In care of
- % SHIRLEY CHASTAIN
- Signed the 990
- BRANDI NEWTON, Treasurer
- Phone
- (208) 535-0399
- Website
- WWW.DOWNTOWNIDAHOFALLS.COM
- Return prepared by
- OBRIEN TOMCHAK & CO CHTD
Mission
THE PURPOSE OF THE IDAHO FALLS DOWNTOWN DEVELOPMENT CORPORATION IS TO PROMOTE BUSINESS, IMPROVE AND MAINTAIN PUBLIC AREAS, AND TO FULFILL ALL PURPOSES FOR WHICH A BUSINESS IMPROVEMENT DISTRICT MAY BE FORMED.
Program accomplishments
- THE PURPOSE OF THE IDAHO FALLS DOWNTOWN DEVELOPMENT CORPORATION IS TO PROMOTE BUSINESS, IMPROVE AND MAINTAIN PUBLIC AREAS, AND TO FULFILL ALL PURPOSES FOR WHICH A BUSINESS IMPROVEMENT DISTRICT MAY BE FORMED.
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 82-0467139
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1994
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $140,990
- Income (IRS master file)
- $492,408
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $439,737 | $405,440 | $140,990 | XML |
| 990 | September 2024 | $467,146 | $428,790 | $104,904 | XML |
| 990 | September 2023 | $570,048 | $563,714 | $64,999 | XML |
| 990 | September 2022 | $396,776 | $460,517 | $57,417 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 82-0467139).
Questions about IDAHO FALLS DOWNTOWN DEVELOPMENT CORPORATION
- What is the EIN of IDAHO FALLS DOWNTOWN DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of IDAHO FALLS DOWNTOWN DEVELOPMENT CORPORATION is 82-0467139.
- Is IDAHO FALLS DOWNTOWN DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1994.
- Are donations to IDAHO FALLS DOWNTOWN DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does IDAHO FALLS DOWNTOWN DEVELOPMENT 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 IDAHO FALLS DOWNTOWN DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did IDAHO FALLS DOWNTOWN DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who are the officers and directors of IDAHO FALLS DOWNTOWN DEVELOPMENT CORPORATION?
- The 990 for the year ended September 30, 2025 lists 15 people; 0 received compensation from the organization.
- How much revenue does IDAHO FALLS DOWNTOWN DEVELOPMENT CORPORATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $439,737, expenses of $405,440 and total assets of $140,990 at year end.
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