Columbus Downtown Development Corp FY2022 filing

Tax-deductible

Columbus, WI501(c)(3)Since 1991HousingEIN 39-1705854Revenue $53K in FY2022

On file with the IRS143 E James St, 53925-1568 · Columbus, WITax-exempt since Nov 1991Publicly supported charity — 170(b)(1)(A)(vi)

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Revitalization of Downtown Columbus

501(c)(3) charity; gifts are tax-deductible.
26¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $28K a year · 230% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
26%
of spending
Concern: 26% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Liabilities
$57K
19% of total assets
Looks good: liabilities are 19% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$53K
+20% vs prior year
Spent
$2K
To programs
26%
Net assets
$242K
By yearFY2020–FY2025
Revenue
$53K
FY2022▲ +20%
Tap a bar for its year
Revenue by fiscal year
FY2020$10K
FY2021$44K
FY2022$53K
FY2023−$968
FY2024$1
FY2025−$35K
Expenses
$2K
FY2022▼ -11%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$2K
FY2022$2K
FY2023$9K
FY2024$168K
FY2025$19K
Net assets
$242K
FY2022▲ +26%
Tap a bar for its year
Net assets by fiscal year
FY2020$150K
FY2021$192K
FY2022$242K
FY2023$232K
FY2024$64K
FY2025$10K

From the FY2022 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1991.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

26 cents of each dollar spent went to programs.

Program services 26% · $546 Management & general 74% · $2K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Secr/Treas
$0Pt VII · Sec A
See Columbus Downtown Development Corp executive salaries →

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Programs and updates

Revitalizes downtown Columbus through community engagement and economic development initiatives.

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Provided by the organization

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1 program · $303 · in their own filed words · FY2021
01

Manage renovation of downtown buildings in Columbus. Provide services to a city that was previously designated as a WI Main Street community. Both activites relate to the exempt purpose of promoting downtown Columbus.

$303program expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 2 grants · $171K · 2023–2024
City of ColumbusFY2023$6,475

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$53K
Ln 12
Other incomeLn 4–11$53K
Money outPt IX
$2K
Ln 25
Programscol B$546
Managementcol C$2K
Owns and owesPt X
$242K
net assets · Ln 32
Total assetsLn 16$300K
LiabilitiesLn 26$57K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
2In more detail
Revenue in detailPt VIII
Other incomeLn 4–11$53K
Total revenueLn 12$53K
Assets in detailPt X, end of year
Total assetsLn 16$300K
LiabilitiesLn 26$57K
Net assetsLn 32$242K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest −$35K$19K−$54K$10K 990 PDF
FY2024 $1$168K−$168K$64K 990 PDF
FY2023 −$968$9K−$10K$232K 990 PDF
FY2022 Viewing $53K$2K$51K$242K 990 PDF
FY2021 $44K$2K$41K$192K 990 PDF
FY2020 $10K$150K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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