Hickory Downtown Development Association FY2023 filing

Not tax-deductible

Hickory, NC501(c)(6)Mutual / membership EIN 56-1515954Revenue $149K in FY2023Latest return filed May 14, 2026

On file with the IRSdowntownhickory.comPo Box 9086, 28603-9086 · Hickory, NCTax-exempt since Mar 1995

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To physically and culturally improve downtown Hickory as a place of commerce, recreation, and culture by promoting downtown businesses, supporting economic development, coordinating community events, encouraging tourism and visitation, and administering local Main Street revitalization efforts.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2023 · Form 990-EZIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-EZ
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $5K a year · 5% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$149K
+42% vs prior year
Net assets
$145K
By yearFY2020–FY2025
Revenue
$149K
FY2023▲ +42%
Tap a bar for its year
Revenue by fiscal year
FY2020$33K
FY2021$77K
FY2022$105K
FY2023$149K
FY2024$134K
FY2025$75K
Expenses
—
FY2023
Tap a bar for its year
Expenses by fiscal year
FY2020$91K
FY2021$88K
FY2022$78K
FY2023Not on file
FY2024$117K
FY2025$72K
Net assets
$145K
FY2023▼ -32%
Tap a bar for its year
Net assets by fiscal year
FY2020$198K
FY2021$187K
FY2022$214K
FY2023$145K
FY2024$254K
FY2025$262K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 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 Mar 1995.

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

Who runs it and what they're paid

12 people listed on the 990-EZ.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2022FY2021
Amy Fauquet$68,194——
Amy Ogle—$59,263$57,607

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 Hickory Downtown Development Association executive salaries →

Programs and updates

Improves downtown Hickory for commerce, recreation, and culture.

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1 program · $101K · in their own filed words · FY2022
01

Promote downtown businesses in Hickory, NC

$101Kprogram expense

By the numbers

The FY2023 990-EZ, line by line.

1The main four
Money in
$149K
Other income$149K
Owns and owes
$145K
net assets
Liabilities$0
People
12
listed
Paid0
2In more detail
Revenue in detail
Other income$149K
Total revenue$149K
Assets in detailEnd of year
Liabilities$0
Net assets$145K
Operations
Employees1
Volunteers0
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 14, 2026 $75K$72K$3K$262K 990 PDF
FY2024Filed with the IRS Nov 14, 2025 $134K$117K$17K$254K 990 PDF
FY2023 ViewingFiled with the IRS Nov 14, 2024 $149K$145K 990 PDF
FY2022Filed with the IRS Jan 18, 2024 $105K$78K$27K$214K 990 PDF
FY2021Filed with the IRS May 13, 2022 $77K$88K−$11K$187K 990 PDF
FY2020Filed with the IRS Nov 15, 2021 $33K$91K−$58K$198K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons A · Public support

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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