Civic Intelligence

Develop New Albany Inc. Tt

990EZ • Fiscal year 2023 • EIN 35-1798806

Jul 01, 2022 to Jun 30, 2023 • Filed on May 06, 2024

222 Pearl StreetNew Albany, IN 47150

(502) 544-7183

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$160,329

Down $2,066 (-1.3%) from 2022

Net Assets

Down

$159,529

Down $2,066 (-1.3%) from 2022

Liabilities

Flat

$800

Flat from 2022

Revenue And Expenses

Revenue

Up

$131,760

Up $25,114 (+24%) from 2022

Expenses

Up

$133,826

Up $20,744 (+18%) from 2022

Net Income

Up

-$2,066

Up $4,370 (+68%) from 2022

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2019: $186,891Net Assets 2019: $186,8912019Assets 2020: $164,665Liabilities 2020: $4,772Net Assets 2020: $159,8932020Assets 2021: $174,608Liabilities 2021: $6,577Net Assets 2021: $168,0312021Assets 2022: $162,395Liabilities 2022: $800Net Assets 2022: $161,5952022Assets 2023: $160,329Liabilities 2023: $800Net Assets 2023: $159,5292023Assets 2023: $183,625Liabilities 2023: $800Net Assets 2023: $182,8252023Assets 2024: $167,116Liabilities 2024: $0Net Assets 2024: $167,1162024

Highlighted filing

2023

Assets$160,329
Liabilities$800
Net Assets$159,529

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2019: $117,341Expenses 2019: $106,043Net Income 2019: $11,2982019Revenue 2020: $137,437Expenses 2020: $164,045Net Income 2020: -$26,6082020Revenue 2021: $84,938Expenses 2021: $76,800Net Income 2021: $8,1382021Revenue 2022: $106,646Expenses 2022: $113,082Net Income 2022: -$6,4362022Revenue 2023: $131,760Expenses 2023: $133,826Net Income 2023: -$2,0662023Revenue 2023: $75,988Expenses 2023: $52,692Net Income 2023: $23,2962023Revenue 2024: $100,808Expenses 2024: $116,517Net Income 2024: -$15,7092024

Highlighted filing

2023

Revenue$131,760
Expenses$133,826
Net Income-$2,066
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 6, 2024
Return Version
2022v5.0
Gross Receipts
$165,468
Mission and Program Overview

Mission

Develop new albany is a main street organization whose purpose is the historic preservation and economic revitalization of downtown new albany, indiana

Develop new albany is a main street organization whose purpose is the historic preservation and economic revitalization of downtown new albany, indiana.

Program Services

DescriptionGrantsExpenses
-EVENTS, SUCH AS THE JINGLE WALK, HOLIDAY FEST, TACO WALK, AND SIMILAR$0$22,003
-HARVEST HOMECOMING FESTIVAL$0$16,771
PROGRAM SERVICE ACCOMPLISHMENTS: DEVELOP NEW ALBANY UNDERTAKES VARIOUS ACTIVITIES TO FURTHER ITS MISSION OF PRESERVING AND REVITALIZING DOWNTOWN NEW ALBANY. ACTIVITIES NORMALLY UNDERTAKEN DURING THE YEAR INCLUDE:-MANAGE AND PROMOTE FARMERS MARKET$0$15,960
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DERRICK WILSONPresidentPT$0--
TERESA BAXTERVice PresidentPT$0--
EVAN HARDINGSecretaryPT$0--
CAMERON BORNETreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Develop New Albany Inc
EIN
35-1798806
Phone
5025447183
Address
222 PEARL STREET, NEW ALBANY, IN 47150

Signing Officer

Name
Cameron Borne
Title
Treasurer
Phone
5025447183
Signed
2024-05-06
Discuss with paid preparer
Yes

Preparer

Firm
Deming Malone Livesay & Ostroff Psc
Address
301 E ELM STREET, NEW ALBANY, IN 47150
Preparer
R Kenneth Adams
Phone
8129455236
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest. Amount: 160.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: other income. Amount: 22,705.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: program services. Amount: 22,615. Description: other expenses. Amount: 411. Description: information technology. Amount: 2,597. Description: office expense. Amount: 2,990. Description: grants. Amount: 3,012. Description: depreciation. Amount: 1,194. Description: meetings. Amount: 3,745. Description: insurance. Amount: 4,043. Description: volunteer and staff development. Amount: 6,337. Description: business resource center. Amount: 2,048. Total to form 990-ez, line 16: 48,992.

Form 990-ez, Part II, Line 24 - Other Assets

Description: other depreciable assets. Beg. Of year amount: 182. End of year amount: 37,711.

Raw XML Appendix187 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DERRICK WILSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TERESA BAXTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2EVAN HARDING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CAMERON BORNE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd00
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IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt048992
IRS990EZ/OtherRevenueTotalAmt022705
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0DEVELOP NEW ALBANY IS A MAIN STREET ORGANIZATION WHOSE PURPOSE IS THE HISTORIC PRESERVATION AND ECONOMIC REVITALIZATION OF DOWNTOWN NEW ALBANY, INDIANA.
IRS990EZ/PrintingPublicationsPostageAmt016396
IRS990EZ/ProgramServiceRevenueAmt070846
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROGRAM SERVICE ACCOMPLISHMENTS: DEVELOP NEW ALBANY UNDERTAKES VARIOUS ACTIVITIES TO FURTHER ITS MISSION OF PRESERVING AND REVITALIZING DOWNTOWN NEW ALBANY. ACTIVITIES NORMALLY UNDERTAKEN DURING THE YEAR INCLUDE:-MANAGE AND PROMOTE FARMERS MARKET
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1-HARVEST HOMECOMING FESTIVAL
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2-EVENTS, SUCH AS THE JINGLE WALK, HOLIDAY FEST, TACO WALK, AND SIMILAR
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt015960
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SchoolOperatingInd00
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IRS990EZ/SpecialEventsNetIncomeLossAmt0931
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0800
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
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IRS990EZ/WebsiteAddressTxt0WWW.DEVELOPNA.ORG
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0364731
IRS990ScheduleA/TotalSupportAmt0436798
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 160.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: OTHER INCOME. AMOUNT: 22,705.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PROGRAM SERVICES. AMOUNT: 22,615. DESCRIPTION: OTHER EXPENSES. AMOUNT: 411. DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 2,597. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 2,990. DESCRIPTION: GRANTS. AMOUNT: 3,012. DESCRIPTION: DEPRECIATION. AMOUNT: 1,194. DESCRIPTION: MEETINGS. AMOUNT: 3,745. DESCRIPTION: INSURANCE. AMOUNT: 4,043. DESCRIPTION: VOLUNTEER AND STAFF DEVELOPMENT. AMOUNT: 6,337. DESCRIPTION: BUSINESS RESOURCE CENTER. AMOUNT: 2,048. TOTAL TO FORM 990-EZ, LINE 16: 48,992.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 182. END OF YEAR AMOUNT: 37,711.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum05025447183
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DEVELOP NEW ALBANY INC
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ReturnHeader/Filer/EIN0351798806
ReturnHeader/Filer/PhoneNum05025447183
ReturnHeader/Filer/USAddress/AddressLine1Txt0222 PEARL STREET
ReturnHeader/Filer/USAddress/CityNm0NEW ALBANY
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0611064249
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW ALBANY
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd047150
ReturnHeader/PreparerPersonGrp/PhoneNum08129455236
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0R KENNETH ADAMS
ReturnHeader/ReturnTs02024-05-14T09:24:38-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CAMERON
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BORNE
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

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