Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1972.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
17 people listed on the 990; $93K paid to officers and key staff (Part VII, Section A).
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Raymond Worley | — | $93,352 | $92,704 | $95,778 | $87,031 | $90,686 |
| Raymond Worley Resigned | $93,428 | — | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Downtown Springfield Association executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Fosters a thriving business community with diverse shops, services, and entertainment.
Questions for Downtown Springfield Association
Your first name shows with your question. Downtown Springfield Association answers here, for everyone.
Cultivate and sustain a vibrant business community represented by a balance of retail, professional, service, dining and entertainment entrepreneurs. Total members for the year were approximately 170.
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 43-0836959) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $196K | $157K |
| Land, buildings, equipmentLn 10c | $10K | $7K |
| Total assetsLn 16 | $286K | $194K |
| LiabilitiesLn 26 | $128K | $150K |
| Net assetsLn 32 | $158K | $44K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $53K | |||
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $98K | |||
| Other salaries and wagesLn 7 | $169K | |||
| Pension plan contributionsLn 8 | $5K | |||
| Payroll taxesLn 10 | $17K | |||
| Accounting feesLn 11c | $9K | |||
| Advertising and promotionLn 12 | $22K | |||
| Office expensesLn 13 | $12K | |||
| OccupancyLn 16 | $22K | |||
| Conferences, conventions and meetingsLn 19 | $794 | |||
| InterestLn 20 | $2K | |||
| Depreciation, depletion and amortizationLn 22 | $3K | |||
| InsuranceLn 23 | $16K | |||
| Other expenses (24a–d)Ln 24 | $117K | |||
| Total functional expensesLn 25 | $543K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest ViewingFiled with the IRS May 15, 2026 | $429K | $543K | −$114K | $44K | 990 PDF |
| FY2024Filed with the IRS May 16, 2025 | $508K | $506K | $2K | $158K | 990 PDF |
| FY2023Filed with the IRS May 14, 2024 | $444K | $457K | −$13K | $156K | 990 PDF |
| FY2022Filed with the IRS Feb 1, 2023 | $409K | $358K | $51K | $169K | 990 PDF |
| FY2021Filed with the IRS Mar 3, 2022 | $342K | $315K | $27K | $119K | 990 PDF |
| FY2020Filed with the IRS May 13, 2021 | $363K | $363K | $124 | $91K | 990 PDF |
Schedules filed Part IV
See the full FY2025 990
Part I · Summary $428,898 revenue, 12 lines filed
Part VI · Governance 16 of 16 board members independent, 3 to look at
Part VIII · Statement of revenue $428,898 across 6 lines filed
Part IX · Statement of functional expenses $542,754 across 14 lines filed
Part X · Balance sheet $194,236 assets, 13 lines filed
Part XI · Reconciliation of net assets $44,360 net assets at year end
Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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