Civic Intelligence

Downtown Neighborhood Assoc of Elgin

EIN 36-3840947 • 501(c)3 • Elgin, IL

Profile

Our mission is to revitalize, enhance and sustain elgin's historic city center.

31 S Grove Ave 100Elgin, IL 60120

downtownelgin.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

71st percentile

0.03x

Higher debt load relative to assets than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

77th percentile

0.04x

Higher debt load relative to revenue than 77% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

55th percentile

4.3%

Higher net margin than 55% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

52nd percentile

-0.9%

Faster asset growth than 52% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

51st percentile

-1.5%

Faster revenue growth than 51% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$370,407

Down $3,317 (-0.9%) from 2023

Liabilities

Down

$9,920

Down $15,425 (-61%) from 2023

Net Assets

Up

$360,487

Up $12,108 (+3.5%) from 2023

Revenue

Down

$278,956

Down $4,228 (-1.5%) from 2023

Expenses

Down

$266,848

Down $28,078 (-9.5%) from 2023

Net Income

Up

$12,108

Up $23,850 (+203%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2011: $101,605Liabilities 2011: $21,849Net Assets 2011: $79,7562011Assets 2012: $139,384Liabilities 2012: $21,813Net Assets 2012: $117,5712012Assets 2013: $158,314Liabilities 2013: $23,452Net Assets 2013: $134,8622013Assets 2014: $178,682Liabilities 2014: $26,583Net Assets 2014: $152,0992014Assets 2015: $194,351Liabilities 2015: $27,907Net Assets 2015: $166,4442015Assets 2016: $221,402Liabilities 2016: $28,384Net Assets 2016: $193,0182016Assets 2017: $252,259Liabilities 2017: $23,581Net Assets 2017: $228,6782017Assets 2018: $251,642Liabilities 2018: $25,390Net Assets 2018: $226,2522018Assets 2019: $263,524Liabilities 2019: $28,384Net Assets 2019: $235,1402019Assets 2020: $342,006Liabilities 2020: $36,229Net Assets 2020: $305,7772020Assets 2021: $365,231Liabilities 2021: $38,792Net Assets 2021: $326,4392021Assets 2022: $378,272Liabilities 2022: $42,551Net Assets 2022: $335,7212022Assets 2023: $373,724Liabilities 2023: $25,345Net Assets 2023: $348,3792023Assets 2024: $370,407Liabilities 2024: $9,920Net Assets 2024: $360,4872024

Highlighted filing

2024

Assets$370,407
Liabilities$9,920
Net Assets$360,487

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KExpenses 2011: $235,3072011Expenses 2012: $176,5752012Revenue 2013: $209,102Expenses 2013: $191,811Net Income 2013: $17,2912013Revenue 2014: $223,869Expenses 2014: $206,632Net Income 2014: $17,2372014Revenue 2015: $217,754Expenses 2015: $203,409Net Income 2015: $14,3452015Revenue 2016: $238,871Expenses 2016: $212,297Net Income 2016: $26,5742016Revenue 2017: $187,377Expenses 2017: $151,717Net Income 2017: $35,6602017Revenue 2018: $188,622Expenses 2018: $191,048Net Income 2018: -$2,4262018Revenue 2019: $211,295Expenses 2019: $202,407Net Income 2019: $8,8882019Revenue 2020: $291,029Expenses 2020: $220,392Net Income 2020: $70,6372020Revenue 2021: $226,826Expenses 2021: $206,164Net Income 2021: $20,6622021Revenue 2022: $267,243Expenses 2022: $257,961Net Income 2022: $9,2822022Revenue 2023: $283,184Expenses 2023: $294,926Net Income 2023: -$11,7422023Revenue 2024: $278,956Expenses 2024: $266,848Net Income 2024: $12,1082024

Highlighted filing

2024

Revenue$278,956
Expenses$266,848
Net Income$12,108

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.70$0.10$3.60$2.79$2.67$0.12
2023Detailed filing. Detailed filing data is available for this year.$3.74$0.25$3.48$2.83$2.95$0.12
2022Detailed filing. Detailed filing data is available for this year.$3.78$0.43$3.36$2.67$2.58$0.09
2021Detailed filing. Detailed filing data is available for this year.$3.65$0.39$3.26$2.27$2.06$0.21
2020Detailed filing. Detailed filing data is available for this year.$3.42$0.36$3.06$2.91$2.20$0.71
2019Detailed filing. Detailed filing data is available for this year.$2.64$0.28$2.35$2.11$2.02$0.09
2018Detailed filing. Detailed filing data is available for this year.$2.52$0.25$2.26$1.89$1.91$0.02
2017Detailed filing. Detailed filing data is available for this year.$2.52$0.24$2.29$1.87$1.52$0.36
2016Detailed filing. Detailed filing data is available for this year.$2.21$0.28$1.93$2.39$2.12$0.27
2015Detailed filing. Detailed filing data is available for this year.$1.94$0.28$1.66$2.18$2.03$0.14
2014Detailed filing. Detailed filing data is available for this year.$1.79$0.27$1.52$2.24$2.07$0.17
2013Detailed filing. Detailed filing data is available for this year.$1.58$0.23$1.35$2.09$1.92$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$0.22$1.18$1.77
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.22$0.80$2.35
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 2, 2025
Return Version
2024v5.2
Gross Receipts
$278,956
Mission and Program Overview

Mission

Historic preservation, communication, education, promotion and economic revitalization of downtown elgin.

To work with downtown elgin business or property owners and residents, in partnership with city leaders and community volunteers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$199,086$264,054▲ $64,968
Accounts Receivable$50,528$89,225▲ $38,697
Cash and Non-Interest-Bearing Accounts$124,110$17,128▼ $106,982
Total Assets$373,724$370,407▼ $3,317
Liabilities
Accounts Payable and Accrued Expenses$20,858$5,304▼ $15,554
Deferred Revenue$4,487$4,616▲ $129
Total Liabilities$25,345$9,920▼ $15,425
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$348,379$360,487▲ $12,108
Total Net Assets Fund Balance$348,379$360,487▲ $12,108
Total Liabilities and Net Assets / Fund Balance$373,724$370,407▼ $3,317
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brian PinonPresident
Chris DavisVice President
Kerri LiuDirector
Marc MylottDirector
Patricia WilliamsDirector
Steve KroissDirector
Tom BrocknerDirector
Wilbur DumasDirector
Mark NovelliSecretary
Joy SymondsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$198,755
Program Service Revenue
$78,957
Investment Income
$1,244
Other Revenue
$0
All Other Contributions
$23,706
Change in Net Assets
$12,108
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$161,841
Other Expenses$105,007
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$110,779$36,926-$147,705
Fees for Services Management$19,918$6,639-$26,557
Advertising$24,144--$24,144
Information Technology$9,755$3,252-$13,007
Payroll Taxes$8,887$2,962-$11,849
Office Expenses$3,854$1,284-$5,138
All Other Expenses$4,314$368-$4,682
Insurance$3,068$1,023-$4,091
Fees for Services Accounting$1,750$583-$2,333
Other Employee Benefits$1,715$572-$2,287
Other Expenses$1,757--$1,757
Fees for Services Legal$1,262$421-$1,683
Fees for Services Other$610$203-$813
Interest$38$12-$50
Total Functional Expenses$212,603$54,245$0$266,848
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Part VI, Section B, Line 11B

Board meeting & distribution

Form 990, Part VI, Section B, Line 12C

ANNUAL REVIEW

Form 990, Part VI, Section B, Line 15A

Board president collects feedback from the board, summarizes and reviews with executive director. Merit increases are approved by the board doing the budget process.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Downtown Neighborhood Assoc of Elgin
EIN
36-3840947
Phone
8474881456
Address
31 S GROVE AVE 100, ELGIN, IL 60120

Signing Officer

Name
Brian Pinon
Title
President
Phone
8474881456
Signed
2025-07-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Pinon
Formed
1992
Legal Domicile
Il
Voting Board Members
10
Independent Board Members
9
Employees
6
Volunteers
60

Preparer

Firm
Eag Chicago Northwest LLC
Address
2205 POINT BLVD SUITE 100, ELGIN, IL 60123
Preparer
Heidi Paulson CPA
Phone
8476952700
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0110779
IRS990/OtherSalariesAndWagesGrp/TotalAmt0147705
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02962
IRS990/PayrollTaxesGrp/ProgramServicesAmt08887
IRS990/PayrollTaxesGrp/TotalAmt011849
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0BRIAN PINON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/BusinessCd1711300
IRS990/ProgramServiceRevenueGrp/Desc0FARMERS MARKET
IRS990/ProgramServiceRevenueGrp/Desc1OTHER EVENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt071687
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt17270
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt071687
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17270
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0199540
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0530
IRS990/PYOtherExpensesAmt0142710
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt083114
IRS990/PYRevenuesLessExpensesAmt0-11742
IRS990/PYSalariesCompEmpBnftPaidAmt0152216
IRS990/PYTotalExpensesAmt0294926
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0283184
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt012108
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt078957
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0199086
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0264054
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MEMBERSHIP DUES - 2020 AMOUNT: $ 5,200. 2022 AMOUNT: $ 60. PROGRAM SERVICES - 2020 AMOUNT: $ 78,006. 2021 AMOUNT: $ 61,552. 2022 AMOUNT: $ 102,059. 2023 AMOUNT: $ 83,114. 2024 AMOUNT: $ 76,136. OTHER INCOME - 2024 AMOUNT: $ 2,821.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0198755
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0199540
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0165070
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0165188
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0207675
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0936228
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01244
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0530
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt054
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt086
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0148
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02062
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt078957
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt083114
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0102119
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt061552
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt083206
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0408948
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.69490
IRS990ScheduleA/PublicSupportPY170Pct00.72760
IRS990ScheduleA/PublicSupportTotal170Amt0936228
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0198755
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0199540
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0165070
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0165188
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0207675
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0936228
IRS990ScheduleA/TotalSupportAmt01347238
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/ScheduleBRequiredInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEETING & DISTRIBUTION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUAL REVIEW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD PRESIDENT COLLECTS FEEDBACK FROM THE BOARD, SUMMARIZES AND REVIEWS WITH EXECUTIVE DIRECTOR. MERIT INCREASES ARE APPROVED BY THE BOARD DOING THE BUDGET PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0373724
IRS990/TotalAssetsEOYAmt0370407
IRS990/TotalAssetsGrp/BOYAmt0373724
IRS990/TotalAssetsGrp/EOYAmt0370407
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0198755
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt054245
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0212603
IRS990/TotalFunctionalExpensesGrp/TotalAmt0266848
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt025345
IRS990/TotalLiabilitiesEOYAmt09920
IRS990/TotalLiabilitiesGrp/BOYAmt025345
IRS990/TotalLiabilitiesGrp/EOYAmt09920
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0348379
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0360487
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0212603
IRS990/TotalProgramServiceRevenueAmt078957
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01244
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt078957
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0278956
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt060
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0373724
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0370407
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt031 S GROVE AVE 100
IRS990/USAddress/CityNm0ELGIN
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060120
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0DOWNTOWNELGIN.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRIAN PINON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08474881456
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DOWNTOWN NEIGHBORHOOD ASSOC OF ELGIN
ReturnHeader/Filer/BusinessNameControlTxt0DOWN
ReturnHeader/Filer/EIN0363840947
ReturnHeader/Filer/PhoneNum08474881456
ReturnHeader/Filer/USAddress/AddressLine1Txt031 S GROVE AVE 100
ReturnHeader/Filer/USAddress/CityNm0ELGIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060120
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00

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