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Nonprofit · EIN 84-3597422

DOWNTOWN CHATTANOOGA BUSINESS IMPROVEMENT DISTRICT BOARD

Tax-exempt · CHATTANOOGA, TN 37402

Financials

$880K$1M2022$919K$1M2023$1.1M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of DOWNTOWN CHATTANOOGA BUSINESS IMPROVEMENT DISTRICT BOARD by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,051,383$1,108,190-$56,807$671,337$173,655$497,682
June 30, 2024990$918,716$1,022,146-$103,430$661,622$107,133$554,489
June 30, 2023990$879,825$1,030,347-$150,522$837,626$179,707$657,919
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$57,371
Program service revenue
$987,266
Investment income
$6,746
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$120,000
Salaries, compensation and benefits (total)
$148,717
Professional fundraising fees
$0
Legal fees
$5,552
Accounting fees
$24,084
Occupancy
$1,234
Depreciation
$25,367
Program services (functional)
$984,478
Management and general (functional)
$116,276
Fundraising (functional)
$7,436

Balance sheet and other

Total assets, start of year
$661,622
Total assets, end of year
$671,337
Total liabilities, end of year
$173,655
Net assets, end of year
$497,682
Land, buildings and equipment
$128,770
Gross receipts
$1,051,383
Employees
1
Volunteers
15
Year formed
2020
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 / weekCompensationOther / benefits
Steve BrookesExecutive Director
Officer
40$112,500$19,822
Adam KinseySecretary
Trustee or director, Officer
4$0$0
Gordon StalansTreasurer
Trustee or director, Officer
4$0$0
Susan HarrisVice-Chair
Trustee or director, Officer
4$0$0
Todd PhillipsChair
Trustee or director, Officer
4$0$0
Brandy BurgansBoard Member
Trustee or director
2$0$0
Captain Jayevan MontgomeryBoard Member
Trustee or director
2$0$0
Darin LedfordBoard Member
Trustee or director
2$0$0
Evann FreemanBoard Member
Trustee or director
2$0$0
John ClarkBoard Member
Trustee or director
2$0$0
Kelly FitzgeraldBoard Member
Trustee or director
2$0$0
Kevin LoveBoard Member
Trustee or director
2$0$0
Raquetta DotleyBoard Member
Trustee or director
2$0$0
Sam BerryBoard Member
Trustee or director
2$0$0
Sean O'BrienBoard Member
Trustee or director
2$0$0
1 more people on this return
NameTitleHours / weekCompensation
Tom MarshallBoard Member
Trustee or director
2$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensationOther / benefits
STEVE BROOKESEXECTIVE DIRECTOR
Officer
40$105,000$8,792
TODD PHILLIPSCHAIRMAN
Trustee or director, Officer
4$0$0
SUSAN HARRISVICE-CHAIR
Trustee or director, Officer
4$0$0
ADAM KINSEYSECRETARY
Trustee or director, Officer
4$0$0
GORDON STALANSTREASURER
Trustee or director, Officer
4$0$0
GREG MARTINBOARD MEMBER
Trustee or director
2$0$0
DARIN LEDFORDBOARD MEMBER
Trustee or director
2$0$0
RAQUETTA DOTLEYBOARD MEMBER
Trustee or director
2$0$0
KEELI CREWEBOARD MEMBER
Trustee or director
2$0$0
KELLY FITZGERALDBOARD MEMBER
Trustee or director
2$0$0
KEVIN LOVEBOARD MEMBER
Trustee or director
2$0$0
EVANN FREEMANBOARD MEMBER
Trustee or director
2$0$0
TOM MARSHALLBOARD MEMBER
Trustee or director
2$0$0
BRANDY BURGANSBOARD MEMBER
Trustee or director
2$0$0
JOHN CLARKBOARD MEMBER
Trustee or director
2$0$0
SEAN O'BRIENBOARD MEMBER
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
STEVE BROOKESEXECTIVE DIRECTOR
Officer
40$105,000$16,388
TODD PHILLIPSCHAIRMAN
Trustee or director, Officer
4$0$0
SUSAN HARRISVICE-CHAIR
Trustee or director, Officer
4$0$0
ADAM KINSEYSECRETARY
Trustee or director, Officer
4$0$0
GORDON STALANSTREASURER
Trustee or director, Officer
4$0$0
GREG MARTINBOARD MEMBER
Trustee or director
2$0$0
DARIN LEDFORDBOARD MEMBER
Trustee or director
2$0$0
RAQUETTA DOTLEYBOARD MEMBER
Trustee or director
2$0$0
KEELI CREWEBOARD MEMBER
Trustee or director
2$0$0
KELLY FITZGERALDBOARD MEMBER
Trustee or director
2$0$0
KEVIN LOVEBOARD MEMBER
Trustee or director
2$0$0
EVAN FREEMANBOARD MEMBER
Trustee or director
2$0$0
TOM MARSHALLBOARD MEMBER
Trustee or director
2$0$0
BRANDY BURGANSBOARD MEMBER
Trustee or director
2$0$0
JOHN CLARKBOARD MEMBER
Trustee or director
2$0$0
SEAN O'BRIENBOARD MEMBER
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
407 BROAD ST STE 202, CHATTANOOGA, TN 37402-1253
In care of
% STEVE HUNT
Principal officer (990 for 2024)
Steve Brookes, 407 Broad Street 202, Chattanooga, TN 37402
Signed the 990
Steve Brookes, Executive Director
Phone
(423) 227-9078
Return prepared by
Mauldin & Jenkins LLC

Mission

The Downtown Chattanooga Alliance is a business improvement district that works to keep downtown Chattanooga clean, safe, and welcoming for all.

990 for the year ended June 30, 2025

Program accomplishments

  • WORK WITH AMBASSADORS TO CLEAN DOWNTOWN AREA OF TRASH AND GRAFFITI, TO PROVIDE BEAUTIFICATION, TO DEVELOP RELATIONSHIPS WITH ALL VISITORS, AND TO MONITOR THE AREA FOR POTENTIAL SAFETY CONCERNS.
    Expenses $984,478 · revenue $987,266

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
84-3597422
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
2020
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$671,337
Income (IRS master file)
$1,051,383

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,051,383$1,108,190$671,337IRS
990June 2024$918,716$1,022,146$661,622XML
990June 2023$879,825$1,030,347$837,626XML
990June 2022$1,079,150$513,152$931,038IRS
990December 2021–––IRS
990December 2020–––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 84-3597422).

Questions about DOWNTOWN CHATTANOOGA BUSINESS IMPROVEMENT DISTRICT BOARD

What is the EIN of DOWNTOWN CHATTANOOGA BUSINESS IMPROVEMENT DISTRICT BOARD?
The employer identification number (EIN) of DOWNTOWN CHATTANOOGA BUSINESS IMPROVEMENT DISTRICT BOARD is 84-3597422.
Is DOWNTOWN CHATTANOOGA BUSINESS IMPROVEMENT DISTRICT BOARD tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to DOWNTOWN CHATTANOOGA BUSINESS IMPROVEMENT DISTRICT BOARD tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DOWNTOWN CHATTANOOGA BUSINESS IMPROVEMENT DISTRICT BOARD 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 CHATTANOOGA BUSINESS IMPROVEMENT DISTRICT BOARD 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 DOWNTOWN CHATTANOOGA BUSINESS IMPROVEMENT DISTRICT BOARD 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 DOWNTOWN CHATTANOOGA BUSINESS IMPROVEMENT DISTRICT BOARD?
The 990 for the year ended June 30, 2025 names Steve Brookes.
Who are the officers and directors of DOWNTOWN CHATTANOOGA BUSINESS IMPROVEMENT DISTRICT BOARD?
The 990 for the year ended June 30, 2025 lists 16 people; 1 received compensation from the organization, the highest $112,500 (Steve Brookes, Executive Director).
How much revenue does DOWNTOWN CHATTANOOGA BUSINESS IMPROVEMENT DISTRICT BOARD have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,051,383, expenses of $1,108,190 and total assets of $671,337 at year end.

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