Civic Intelligence

District Management Assoc Downtown Troy Business Improvement District Inc

990 • Fiscal year 2022 • EIN 27-3638583

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 06, 2023

Organization ProfileWWW.DOWNTOWNTROY.ORG
102 Third StreetTroy, NY 12180

(518) 279-7997

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

78th percentile

0.08x

Higher debt load relative to assets than 78% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

82nd percentile

0.10x

Higher debt load relative to revenue than 82% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

17th percentile

-24%

Higher net margin than 17% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

95th percentile

$66,038

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 25.3% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

28th percentile

-13%

Faster asset growth than 28% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

28th percentile

-14%

Faster revenue growth than 28% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets78th percentile

Assets

Down

$301,571

Down $44,476 (-13%) from 2021

Net Assets

Down

$276,389

Down $63,454 (-19%) from 2021

Liabilities

Up

$25,182

Up $18,978 (+306%) from 2021

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin17th percentile

Revenue

Down

$261,027

Down $44,224 (-14%) from 2021

Expenses

Up

$324,481

Up $92,127 (+40%) from 2021

Net Income

Down

-$63,454

Down $136,351 (-187%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth28th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2011: $53,737Liabilities 2011: $21,303Net Assets 2011: $32,4342011Assets 2012: $14,930Liabilities 2012: $6,675Net Assets 2012: $8,2552012Assets 2013: $30,593Liabilities 2013: $12,838Net Assets 2013: $17,7552013Assets 2014: $25,113Liabilities 2014: $21,848Net Assets 2014: $3,2652014Assets 2015: $82,105Liabilities 2015: $4,471Net Assets 2015: $77,6342015Assets 2016: $163,579Liabilities 2016: $10,534Net Assets 2016: $153,0452016Assets 2017: $249,890Liabilities 2017: $9,135Net Assets 2017: $240,7552017Assets 2018: $307,807Liabilities 2018: $11,304Net Assets 2018: $296,5032018Assets 2019: $334,416Liabilities 2019: $21,212Net Assets 2019: $313,2042019Assets 2020: $272,500Liabilities 2020: $5,554Net Assets 2020: $266,9462020Assets 2021: $346,047Liabilities 2021: $6,204Net Assets 2021: $339,8432021Assets 2022: $301,571Liabilities 2022: $25,182Net Assets 2022: $276,3892022Assets 2023: $184,667Liabilities 2023: $46,526Net Assets 2023: $138,1412023Assets 2024: $45,271Liabilities 2024: $9,281Net Assets 2024: $35,9902024

Highlighted filing

2022

Assets$301,571
Liabilities$25,182
Net Assets$276,389
Open 2022 Filing

Operations Trend

Revenue Growth28th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2011: $136,7262011Expenses 2012: $181,0692012Revenue 2013: $180,424Expenses 2013: $170,924Net Income 2013: $9,5002013Revenue 2014: $160,204Expenses 2014: $174,694Net Income 2014: -$14,4902014Revenue 2015: $289,077Expenses 2015: $214,708Net Income 2015: $74,3692015Revenue 2016: $282,938Expenses 2016: $207,527Net Income 2016: $75,4112016Revenue 2017: $289,108Expenses 2017: $201,400Net Income 2017: $87,7082017Revenue 2018: $256,354Expenses 2018: $200,606Net Income 2018: $55,7482018Revenue 2019: $329,526Expenses 2019: $312,825Net Income 2019: $16,7012019Revenue 2020: $219,878Expenses 2020: $266,136Net Income 2020: -$46,2582020Revenue 2021: $305,251Expenses 2021: $232,354Net Income 2021: $72,8972021Revenue 2022: $261,027Expenses 2022: $324,481Net Income 2022: -$63,4542022Revenue 2023: $233,596Expenses 2023: $371,844Net Income 2023: -$138,2482023Revenue 2024: $310,114Expenses 2024: $412,265Net Income 2024: -$102,1512024

Highlighted filing

2022

Revenue$261,027
Expenses$324,481
Net Income-$63,454
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 6, 2023
Return Version
2022v5.0
Gross Receipts
$277,861
Mission and Program Overview

Mission

Our mission is to cultivate the economic growth and development of the downtown troy community by creating an increasingly inviting, dynamic and sustainable environment that celebrates the city's history while building towards its future.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$186,076$162,487▼ $23,589
Savings and Temporary Cash Investments$102,359$102,370▲ $11
Accounts Receivable$36,405$1,227▼ $35,178
Prepaid Expenses and Deferred Charges$1,323$1,201▼ $122
Total Assets$346,047$301,571▼ $44,476
Other Assets Total$19,884$34,286▲ $14,402
Liabilities
Accounts Payable and Accrued Expenses$1,350$21,408▲ $20,058
Other Liabilities$4,854$3,774▼ $1,080
Total Liabilities$6,204$25,182▲ $18,978
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$339,843$276,389▼ $63,454
Total Net Assets Fund Balance$339,843$276,389▼ $63,454
Total Liabilities and Net Assets / Fund Balance$346,047$301,571▼ $44,476

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1,000--
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Geoff BreaultExecutive DiFT$66,038$66,038

Board Members and Trustees

NameTitle
Matt CallahanPresident
Angelo GrassoBoard Member
Astri BryceBoard Member
Dylan TurekBoard Member
James KehoeBoard Member
Jamie MagurBoard Member
Kerry FaganBoard Member
Kimberly FredericksBoard Member
Kirk IvesBoard Member
Marie GavazziBoard Member
Mayor Patrick MaddenBoard Member
Samantha ToewsBoard Member
Seamus DonnellyBoard Member
Theresa Van DuyneBoard Member
Vito CiccarelliBoard Member
Sarah CaciolaSecretary
Dave GardellTreasurer
Jeff MirelVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$78,900
Program Service Revenue
$181,667
Investment Income
$10
Other Revenue
$450
All Other Contributions
$47,400
Change in Net Assets
$-63,454
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$197,505
Other Expenses$126,976
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$85,007$30,635-$115,642
Current Officers, Directors, Trustees, and Key Employees$18,719$47,319-$66,038
Fees for Services Accounting$11,625$11,625-$23,250
Occupancy$6,000$12,719-$18,719
Fees for Services Other$15,570$1,751-$17,321
Payroll Taxes$9,247$5,925-$15,172
Advertising$12,766$4-$12,770
Office Expenses$2,363$5,301-$7,664
Insurance-$4,261-$4,261
Other Expenses$624$1,524-$2,148
Fees for Services Legal$376$376-$752
Other Employee Benefits$366$287-$653
Total Functional Expenses$194,172$130,309$0$324,481
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll$3,774
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The form 990 is prepared by an outside accounting firm. A copy of the form 990 is reviewed by the board prior to filing with the irs.”

Form 990, Page 6, Part VI, Line 12C

“Forms are distributed each year and board members are required to submit the completed forms to the executive director. Board members were reminded of the policy at subsequent board meetings and asked to disclose any future conflicts as they arise. If any conflicts are identified they are addressed.”

Form 990, Page 6, Part VI, Line 15A

“Compensation process for top official executive director compensation is approved by the board.”

Form 990, Page 6, Part VI, Line 19

“Documents are available for review on request.”

Filing and Contact Details

Filer

Filer Name
District Management Assoc Downtown
EIN
27-3638583
Phone
5182797997
Address
102 THIRD STREET, TROY, NY 12180

Signing Officer

Name
Matt Callahan
Title
President
Phone
5182797997
Signed
2023-11-06

Organization Details

Principal Officer
Matt Callahan
Formed
2010
Legal Domicile
Ny
Voting Board Members
18
Independent Board Members
18
Employees
6

Preparer

Firm
Dalle Accounting and Cash Management Inc
Address
1400 SECOND AVE, WATERVLIET, NY 12189
Preparer
Daniel Lortie CPA
Phone
5182709243
Raw XML AppendixShowing 400 of 506 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01350
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt021408
IRS990/AccountsReceivableGrp/BOYAmt036405
IRS990/AccountsReceivableGrp/EOYAmt01227
IRS990/AcctCompileOrReviewBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0OUR MISSION IS TO CULTIVATE THE ECONOMIC GROWTH AND DEVELOPMENT OF THE DOWNTOWN TROY COMMUNITY BY CREATING AN INCREASINGLY INVITING, DYNAMIC AND SUSTAINABLE ENVIRONMENT THAT CELEBRATES THE CITY'S HISTORY WHILE BUILDING TOWARDS ITS FUTURE.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt04
IRS990/AdvertisingGrp/ProgramServicesAmt012766
IRS990/AdvertisingGrp/TotalAmt012770
IRS990/AllOtherContributionsAmt047400
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0GEOFF BREAULT
IRS990/BooksInCareOfDetail/PhoneNum05182797997
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0102 3RD STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0TROY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd012180
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0186076
IRS990/CashNonInterestBearingGrp/EOYAmt0162487
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt047319
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt018719
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt066038
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt016834
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt078900
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt010
IRS990/CYOtherExpensesAmt0126976
IRS990/CYOtherRevenueAmt0450
IRS990/CYProgramServiceRevenueAmt0181667
IRS990/CYRevenuesLessExpensesAmt0-63454
IRS990/CYSalariesCompEmpBnftPaidAmt0197505
IRS990/CYTotalExpensesAmt0324481
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0261027
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE BID HOSTS A VARIETY OF EVENTS THROUGOUT THE YEAR THAT BRING THOUSANDS OF PEOPLE TO DOWNTOWN TROY. FROM THE ROCKIN' ON THE RIVER SUMMER CONCERT SERIES TO THE MONTHLY TROY NIGHT OUT ART AND CULTURE EVENT. THE BID ORGANIZES AND EXECUTES EXCITING QUALITY EVENTS THAT DRAW PEOPLE TO TROY'S DOWNTOWN WITH THE PROSPECT THAT THE CROWDS WILL STAY OR RETURN TO PATRONIZE LOCAL BUSINESSES. THE BID HAS ALSO ESTABLISHED SEVERAL PROGRAMS ALL AIMED AT MARKETING DOWNTOWN TROY INCLUDING A DOWNTOWN TROY MAP WITH A LISTING OF ALL MEMBER BUSINESSES AND THE STUDENT INCENTIVE PROGRAM WHICH TARGETS THE LARGE STUDENT POPULATION.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0194172
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt011625
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt011625
IRS990/FeesForServicesAccountingGrp/TotalAmt023250
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0376
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0376
IRS990/FeesForServicesLegalGrp/TotalAmt0752
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01751
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt015570
IRS990/FeesForServicesOtherGrp/TotalAmt017321
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt181.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/PersonNm0GEOFF BREAULT
IRS990/Form990PartVIISectionAGrp/PersonNm1MATT CALLAHAN
IRS990/Form990PartVIISectionAGrp/PersonNm2JEFF MIREL
IRS990/Form990PartVIISectionAGrp/PersonNm3SARAH CACIOLA
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVE GARDELL
IRS990/Form990PartVIISectionAGrp/PersonNm5KERRY FAGAN
IRS990/Form990PartVIISectionAGrp/PersonNm6MARIE GAVAZZI
IRS990/Form990PartVIISectionAGrp/PersonNm7ANGELO GRASSO
IRS990/Form990PartVIISectionAGrp/PersonNm8JAMES KEHOE
IRS990/Form990PartVIISectionAGrp/PersonNm9JAMIE MAGUR
IRS990/Form990PartVIISectionAGrp/PersonNm10ASTRI BRYCE
IRS990/Form990PartVIISectionAGrp/PersonNm11THERESA VAN DUYNE
IRS990/Form990PartVIISectionAGrp/PersonNm12VITO CICCARELLI
IRS990/Form990PartVIISectionAGrp/PersonNm13SEAMUS DONNELLY
IRS990/Form990PartVIISectionAGrp/PersonNm14MAYOR PATRICK MADDEN
IRS990/Form990PartVIISectionAGrp/PersonNm15KIMBERLY FREDERICKS
IRS990/Form990PartVIISectionAGrp/PersonNm16KIRK IVES
IRS990/Form990PartVIISectionAGrp/PersonNm17SAMANTHA TOEWS
IRS990/Form990PartVIISectionAGrp/PersonNm18DYLAN TUREK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt066038
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0277861
IRS990/GrossSalesOfInventoryAmt017284
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt018
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt04261
IRS990/InsuranceGrp/TotalAmt04261
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt010
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt010
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt017
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SEE SCHEDULE O
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0339843
IRS990/NetAssetsOrFundBalancesEOYAmt0276389
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0450
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0450
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0339843
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0276389
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt012719
IRS990/OccupancyGrp/ProgramServicesAmt06000
IRS990/OccupancyGrp/TotalAmt018719
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05301
IRS990/OfficeExpensesGrp/ProgramServicesAmt02363
IRS990/OfficeExpensesGrp/TotalAmt07664
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt019884
IRS990/OtherAssetsTotalGrp/EOYAmt034286
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0287
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0366
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0653
IRS990/OtherExpensesGrp/Desc0BEAUTIFICATION
IRS990/OtherExpensesGrp/Desc1EVENT EXPENSES
IRS990/OtherExpensesGrp/Desc2SECURITY SERVICES
IRS990/OtherExpensesGrp/Desc3OTHER
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08582
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11524
IRS990/OtherExpensesGrp/ProgramServicesAmt019229
IRS990/OtherExpensesGrp/ProgramServicesAmt15970
IRS990/OtherExpensesGrp/ProgramServicesAmt26310
IRS990/OtherExpensesGrp/ProgramServicesAmt3624
IRS990/OtherExpensesGrp/TotalAmt019229
IRS990/OtherExpensesGrp/TotalAmt114552
IRS990/OtherExpensesGrp/TotalAmt26310
IRS990/OtherExpensesGrp/TotalAmt32148
IRS990/OtherLiabilitiesGrp/BOYAmt04854
IRS990/OtherLiabilitiesGrp/EOYAmt03774
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt030635
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt085007
IRS990/OtherSalariesAndWagesGrp/TotalAmt0115642
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05925
IRS990/PayrollTaxesGrp/ProgramServicesAmt09247
IRS990/PayrollTaxesGrp/TotalAmt015172
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01323
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01201
IRS990/PrincipalOfficerNm0MATT CALLAHAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0ASSESSMENTS
IRS990/ProgramServiceRevenueGrp/Desc1OTHER EVENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0164444
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt117223
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0164444
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt117223
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt071090
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0614
IRS990/PYOtherExpensesAmt082406
IRS990/PYOtherRevenueAmt069743
IRS990/PYProgramServiceRevenueAmt0163804
IRS990/PYRevenuesLessExpensesAmt072897
IRS990/PYSalariesCompEmpBnftPaidAmt0149948
IRS990/PYTotalExpensesAmt0232354
IRS990/PYTotalRevenueAmt0305251
IRS990/ReconcilationRevenueExpnssAmt0-63454
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/RelatedOrganizationsAmt031500
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0181667
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0102359
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0102370
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt078900
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt071090
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt044696
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt060475
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt055467
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0310628
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01367215
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0880208
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt0163744
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt0150043
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt0133936
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt0121857
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt0569580
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt078900
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0234834
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0194739
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0194411
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0177324
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0880208
IRS990ScheduleA/TotalSupportAmt0880208
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt033286
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM FOUNDATION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03774
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROLL
IRS990ScheduleD/TotalBookValueOtherAssetsAmt034286
IRS990ScheduleD/TotalLiabilityAmt03774
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. A COPY OF THE FORM 990 IS REVIEWED BY THE BOARD PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORMS ARE DISTRIBUTED EACH YEAR AND BOARD MEMBERS ARE REQUIRED TO SUBMIT THE COMPLETED FORMS TO THE EXECUTIVE DIRECTOR. BOARD MEMBERS WERE REMINDED OF THE POLICY AT SUBSEQUENT BOARD MEETINGS AND ASKED TO DISCLOSE ANY FUTURE CONFLICTS AS THEY ARISE. IF ANY CONFLICTS ARE IDENTIFIED THEY ARE ADDRESSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION PROCESS FOR TOP OFFICIAL EXECUTIVE DIRECTOR COMPENSATION IS APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE FOR REVIEW ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0DOWNTOWN TROY BUSINESS IMPROVEMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1TROY DOWNTOWN COLLABORATIVE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NY

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$301,571
Liabilities
$25,182
Net assets
$276,389
Revenue
$261,027
Expenses
$324,481
Net income
-$63,454
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.09$0.36$3.10$4.12$1.02
2023Detailed filing. Detailed filing data is available for this year.$1.85$0.47$1.38$2.34$3.72$1.38
2022Detailed filing. Detailed filing data is available for this year.$3.02$0.25$2.76$2.61$3.24$0.63
2021Detailed filing. Detailed filing data is available for this year.$3.46$0.06$3.40$3.05$2.32$0.73
2020Detailed filing. Detailed filing data is available for this year.$2.73$0.06$2.67$2.20$2.66$0.46
2019Detailed filing. Detailed filing data is available for this year.$3.34$0.21$3.13$3.30$3.13$0.17
2018Detailed filing. Detailed filing data is available for this year.$3.08$0.11$2.97$2.56$2.01$0.56
2017Detailed filing. Detailed filing data is available for this year.$2.50$0.09$2.41$2.89$2.01$0.88
2016Detailed filing. Detailed filing data is available for this year.$1.64$0.11$1.53$2.83$2.08$0.75
2015Detailed filing. Detailed filing data is available for this year.$0.82$0.04$0.78$2.89$2.15$0.74
2014Detailed filing. Detailed filing data is available for this year.$0.25$0.22$0.03$1.60$1.75$0.14
2013Detailed filing. Detailed filing data is available for this year.$0.31$0.13$0.18$1.80$1.71$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.07$0.08$1.81
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.21$0.32$1.37