Civic Intelligence

Downtown Springfield Inc

990 • Fiscal year 2024 • EIN 37-0807716

Jan 01, 2024 to Dec 31, 2024 • Filed on Aug 04, 2025

3 W Old State Capitol Plz 15Springfield, IL 62701-1536

(217) 544-1723

Siviq Scores

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

Liabilities / Assets

1st percentile

-0.00x

Higher debt load relative to assets than 1% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

1st percentile

-0.00x

Higher debt load relative to revenue than 1% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

96th percentile

44%

Higher net margin than 96% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

66th percentile

$89,000

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 15.3% of source-year revenue.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2024

Asset Growth

97th percentile

100%

Faster asset growth than 97% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

96th percentile

78%

Faster revenue growth than 96% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$505,222

Up $253,214 (+100%) from 2023

Net Assets

Up

$506,811

Up $256,546 (+103%) from 2023

Liabilities

Down

-$1,589

Down $3,332 (-191%) from 2023

Revenue

Up

$582,201

Up $255,665 (+78%) from 2023

Expenses

Up

$325,655

Up $6,162 (+1.9%) from 2023

Net Income

Up

$256,546

Up $249,503 (+3543%) from 2023

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2011: $68,732Liabilities 2011: $19,022Net Assets 2011: $49,7102011Assets 2012: $27,603Liabilities 2012: $29,397Net Assets 2012: -$1,7942012Assets 2013: $10,731Liabilities 2013: $22,497Net Assets 2013: -$11,7662013Assets 2014: $53,395Liabilities 2014: $42,660Net Assets 2014: $10,7352014Assets 2015: $34,343Liabilities 2015: $28,420Net Assets 2015: $5,9232015Assets 2016: $12,565Liabilities 2016: $36,351Net Assets 2016: -$23,7862016Assets 2017: $24,811Liabilities 2017: $59,577Net Assets 2017: -$34,7662017Assets 2018: $10,345Liabilities 2018: $24,040Net Assets 2018: -$13,6952018Assets 2019: $70,191Liabilities 2019: $18,576Net Assets 2019: $51,6152019Assets 2020: $129,047Liabilities 2020: $11,984Net Assets 2020: $117,0632020Assets 2021: $187,696Liabilities 2021: $2,738Net Assets 2021: $184,9582021Assets 2022: $246,270Liabilities 2022: $3,048Net Assets 2022: $243,2222022Assets 2023: $252,008Liabilities 2023: $1,743Net Assets 2023: $250,2652023Assets 2024: $505,222Liabilities 2024: -$1,589Net Assets 2024: $506,8112024

Highlighted filing

2024

Assets$505,222
Liabilities-$1,589
Net Assets$506,811

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $239,7962011Expenses 2012: $236,9602012Revenue 2013: $227,057Expenses 2013: $237,029Net Income 2013: -$9,9722013Revenue 2014: $247,552Expenses 2014: $225,051Net Income 2014: $22,5012014Revenue 2015: $267,536Expenses 2015: $272,348Net Income 2015: -$4,8122015Revenue 2016: $278,415Expenses 2016: $308,124Net Income 2016: -$29,7092016Revenue 2017: $250,342Expenses 2017: $251,614Net Income 2017: -$1,2722017Revenue 2018: $264,549Expenses 2018: $243,478Net Income 2018: $21,0712018Revenue 2019: $412,855Expenses 2019: $347,545Net Income 2019: $65,3102019Revenue 2020: $360,107Expenses 2020: $294,659Net Income 2020: $65,4482020Revenue 2021: $392,734Expenses 2021: $324,839Net Income 2021: $67,8952021Revenue 2022: $378,906Expenses 2022: $320,642Net Income 2022: $58,2642022Revenue 2023: $326,536Expenses 2023: $319,493Net Income 2023: $7,0432023Revenue 2024: $582,201Expenses 2024: $325,655Net Income 2024: $256,5462024

Highlighted filing

2024

Revenue$582,201
Expenses$325,655
Net Income$256,546
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 4, 2025
Return Version
2024v5.2
Gross Receipts
$583,518
Mission and Program Overview

Mission

To help make downtown springfield an ideal place to shop, work, visit, invest, and live.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$233,355$486,169▲ $252,814
Land, Buildings, and Equipment, Net$17,219$17,219→ $0
Prepaid Expenses and Deferred Charges$1,434$1,434→ $0
Accounts Receivable-$400-
Total Assets$252,008$505,222▲ $253,214
Liabilities
Accounts Payable and Accrued Expenses$614$1,729▲ $1,115
Other Liabilities$1,129$-3,318▼ $4,447
Total Liabilities$1,743$-1,589▼ $3,332
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$250,265$506,811▲ $256,546
Total Net Assets Fund Balance$250,265$506,811▲ $256,546
Total Liabilities and Net Assets / Fund Balance$252,008$505,222▲ $253,214

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$17,219$1,781$19,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Carlos OrtegaExecutive DirectorFT$89,000$89,000

Board Members and Trustees

NameTitle
Tony SchueringPast President
Blake PryorPresident
Tiffany Mathis PoseyVice President
Ashley YoggerstDirector
Brad RuppertDirector
Brett JacksonDirector
Cainan BarnettDirector
Chuck CallahanDirector
Haley FitzgeraldDirector
Jay ShanleDirector
Jilnita JohnsonDirector
Josh DelcourDirector
Josh FlandersDirector
Matthew FryDirector
Michelle EcclesDirector
Monica Zanetti-reedDirector
Skylar TierneyDirector
Val YazellDirector
Micah RoderickSecretary
David LeeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$305,618
Program Service Revenue
$220,886
Investment Income
$205
Other Revenue
$55,492
All Other Contributions
$20,000
Change in Net Assets
$256,546
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$209,179
Salaries, Compensation, and Employee Benefits$116,476
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$89,000
Other Expenses---$20,875
All Other Expenses---$16,793
Other Salaries and Wages---$16,747
Payroll Taxes---$10,729
Occupancy---$10,142
Office Expenses---$9,525
Insurance---$7,546
Fees for Services Other---$6,300
Advertising---$4,592
Information Technology---$3,424
Travel---$1,690
Total Functional Expenses$0$0$0$325,655
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$56,809
Fundraising Direct Expenses$1,317
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Meeting$53,209$53,209$1,317$51,892
Total Events$53,209$53,209$1,317$51,892
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$1,011
Direct Deposit Payable$-4,329
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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

The organization's form 990 is reviewed by the treasurer and available to the board of directors upon filing.

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

Board of directors reviews vendor relationships annually and ensures they meet the policy.

Form 990, Part VI, Section B, Line 15

President of board performs annual evaluations and salary is determined by vote of the executive board.

Form 990, Part VI, Section C, Line 18

The 990 is provided upon request.

Form 990, Part VI, Section C, Line 19

The organization's governing documents are provided upon request.

Filing and Contact Details

Filer

Filer Name
Downtown Springfield Inc
EIN
37-0807716
Phone
2175441723
Address
3 W OLD STATE CAPITOL PLZ 15, SPRINGFIELD, IL 62701-1536

Signing Officer

Name
Carlos Ortega
Title
Executive Director
Phone
2175441723
Signed
2025-08-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carlos Ortega
Formed
1961
Legal Domicile
Il
Voting Board Members
20
Independent Board Members
20
Employees
5
Volunteers
80

Preparer

Firm
Eck Schafer & Punke Llp
Address
227 S SEVENTH STREET, SPRINGFIELD, IL 62701
Preparer
Brent Leach
Phone
2175251111
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IRS990/LandBldgEquipCostOrOtherBssAmt019000
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt018332
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO HELP MAKE DOWNTOWN SPRINGFIELD AN IDEAL PLACE TO SHOP, WORK, VISIT, INVEST, AND LIVE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0250265
IRS990/NetAssetsOrFundBalancesEOYAmt0506811
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt055492
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt055492
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0250265
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0506811
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt010142
IRS990/OfficeExpensesGrp/TotalAmt09525
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0FARMERS MARKET
IRS990/OtherExpensesGrp/Desc1OPERATIONS EXPENSE
IRS990/OtherExpensesGrp/Desc2BANNER EXPENSE
IRS990/OtherExpensesGrp/Desc3TEMPORARY HELP
IRS990/OtherExpensesGrp/TotalAmt077166
IRS990/OtherExpensesGrp/TotalAmt125898
IRS990/OtherExpensesGrp/TotalAmt225228
IRS990/OtherExpensesGrp/TotalAmt320875
IRS990/OtherLiabilitiesGrp/BOYAmt01129
IRS990/OtherLiabilitiesGrp/EOYAmt0-3318
IRS990/OtherSalariesAndWagesGrp/TotalAmt016747
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt010729
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01434
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01434
IRS990/PrincipalOfficerNm0CARLOS ORTEGA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3541800
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0FARMERS MARKET
IRS990/ProgramServiceRevenueGrp/Desc1CITY AGREEMENT
IRS990/ProgramServiceRevenueGrp/Desc2DISPLAY BANNER INCOME
IRS990/ProgramServiceRevenueGrp/Desc3RETAIL PROMOTION
IRS990/ProgramServiceRevenueGrp/Desc4CITY PACEMAKER AGREEME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt094128
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt175000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt218782
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt314201
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt413275
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt094128
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt175000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt218782
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt314201
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt413275
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0127426
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0308
IRS990/PYOtherExpensesAmt0204940
IRS990/PYOtherRevenueAmt037755
IRS990/PYProgramServiceRevenueAmt0161047
IRS990/PYRevenuesLessExpensesAmt07043
IRS990/PYSalariesCompEmpBnftPaidAmt0114553
IRS990/PYTotalExpensesAmt0319493
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0326536
IRS990/ReconcilationRevenueExpnssAmt0256546
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
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
IRS990ScheduleD/EquipmentGrp/BookValueAmt017219
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01781
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt019000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01011
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1-4329
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DIRECT DEPOSIT PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt017219
IRS990ScheduleD/TotalLiabilityAmt0-3318
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt01317
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL MEETING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt053209
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt053209
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt053209
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt053209
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt051892
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01317
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01317
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S FORM 990 IS REVIEWED BY THE TREASURER AND AVAILABLE TO THE BOARD OF DIRECTORS UPON FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF DIRECTORS REVIEWS VENDOR RELATIONSHIPS ANNUALLY AND ENSURES THEY MEET THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRESIDENT OF BOARD PERFORMS ANNUAL EVALUATIONS AND SALARY IS DETERMINED BY VOTE OF THE EXECUTIVE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 IS PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS ARE PROVIDED UPON 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 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0252008
IRS990/TotalAssetsEOYAmt0505222
IRS990/TotalAssetsGrp/BOYAmt0252008
IRS990/TotalAssetsGrp/EOYAmt0505222
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0305618
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/TotalAmt0325655
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01743
IRS990/TotalLiabilitiesEOYAmt0-1589
IRS990/TotalLiabilitiesGrp/BOYAmt01743
IRS990/TotalLiabilitiesGrp/EOYAmt0-1589
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0250265
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0506811

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.05$0.02$5.07$5.82$3.26$2.57
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.52$0.02$2.50$3.27$3.19$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.46$0.03$2.43$3.79$3.21$0.58
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.88$0.03$1.85$3.93$3.25$0.68
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.29$0.12$1.17$3.60$2.95$0.65
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.70$0.19$0.52$4.13$3.48$0.65
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.24$0.14$2.65$2.43$0.21
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.60$0.35$2.50$2.52$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.36$0.24$2.78$3.08$0.30
2015Detailed filing. Detailed filing data is available for this year.$0.34$0.28$0.06$2.68$2.72$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.53$0.43$0.11$2.48$2.25$0.23
2013Detailed filing. Detailed filing data is available for this year.$0.11$0.22$0.12$2.27$2.37$0.10
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$0.29$0.02$2.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.19$0.50$2.40
Peer Organizations

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