Civic Intelligence

Downtown Kalamazoo Inc.

990 • Fiscal year 2015 • EIN 38-2845664

Jan 01, 2015 to Dec 31, 2015 • Filed on Jun 30, 2016

141 East Michigan Avenue Suite 501Kalamazoo, MI 49007

(269) 344-0795

Siviq Scores

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

Liabilities / Assets

81st percentile

0.44x

Higher debt load relative to assets than 81% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

77th percentile

0.28x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

18th percentile

-13%

Higher net margin than 18% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

92nd percentile

$125,042

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 21.6% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

49th percentile

0.7%

Faster asset growth than 49% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

88th percentile

53%

Faster revenue growth than 88% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$365,936

Up $2,663 (+0.7%) from 2014

Net Assets

Down

$204,217

Down $60,750 (-23%) from 2014

Liabilities

Up

$161,719

Up $63,413 (+65%) from 2014

Revenue

Up

$578,817

Up $199,434 (+53%) from 2014

Expenses

Up

$654,848

Up $172,403 (+36%) from 2014

Net Income

Up

-$76,031

Up $27,031 (+26%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2011: $1,120,073Liabilities 2011: $178,549Net Assets 2011: $941,5242011Assets 2012: $963,263Liabilities 2012: $225,951Net Assets 2012: $737,3122012Assets 2013: $474,101Liabilities 2013: $106,072Net Assets 2013: $368,0292013Assets 2014: $363,273Liabilities 2014: $98,306Net Assets 2014: $264,9672014Assets 2015: $365,936Liabilities 2015: $161,719Net Assets 2015: $204,2172015Assets 2016: $295,426Liabilities 2016: $225,714Net Assets 2016: $69,7122016Assets 2017: $285,643Liabilities 2017: $182,479Net Assets 2017: $103,1642017Assets 2018: $424,172Liabilities 2018: $281,149Net Assets 2018: $143,0232018Assets 2019: $486,617Liabilities 2019: $347,515Net Assets 2019: $139,1022019Assets 2020: $747,931Liabilities 2020: $465,866Net Assets 2020: $282,0652020Assets 2021: $796,541Liabilities 2021: $347,803Net Assets 2021: $448,7382021Assets 2022: $219,294Liabilities 2022: $184,593Net Assets 2022: $34,7012022Assets 2023: $20,087Liabilities 2023: $26,487Net Assets 2023: -$6,4002023Assets 2024: $18,966Liabilities 2024: $26,487Net Assets 2024: -$7,5212024

Highlighted filing

2015

Assets$365,936
Liabilities$161,719
Net Assets$204,217

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,231,872Expenses 2011: $1,250,152Net Income 2011: -$18,2802011Revenue 2012: $1,210,508Expenses 2012: $1,414,720Net Income 2012: -$204,2122012Revenue 2013: $578,402Expenses 2013: $947,685Net Income 2013: -$369,2832013Revenue 2014: $379,383Expenses 2014: $482,445Net Income 2014: -$103,0622014Revenue 2015: $578,817Expenses 2015: $654,848Net Income 2015: -$76,0312015Revenue 2016: $598,754Expenses 2016: $733,259Net Income 2016: -$134,5052016Revenue 2017: $673,381Expenses 2017: $639,929Net Income 2017: $33,4522017Revenue 2018: $918,367Expenses 2018: $878,508Net Income 2018: $39,8592018Revenue 2019: $798,311Expenses 2019: $802,232Net Income 2019: -$3,9212019Revenue 2020: $993,277Expenses 2020: $850,314Net Income 2020: $142,9632020Revenue 2021: $1,367,192Expenses 2021: $1,202,419Net Income 2021: $164,7732021Revenue 2022: $197,159Expenses 2022: $611,196Net Income 2022: -$414,0372022Revenue 2023: $7,231Expenses 2023: $48,332Net Income 2023: -$41,1012023Revenue 2024: $6Expenses 2024: $2,304Net Income 2024: -$2,2982024

Highlighted filing

2015

Revenue$578,817
Expenses$654,848
Net Income-$76,031
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jun 30, 2016
Return Version
2015v2.1
Gross Receipts
$615,826
Mission and Program Overview

Mission

Plan and coordinate public and private development in downtown kalamazoo to assure that the downtown area is able to support retail, commercial, and residential activity in the interest of maintaining the central business district as the core of the community. The exempt purpose of the organization includes lessening the burden of the city of kalamazoo government by providing staffing services for the downtown development authority and operating the parking structures owned and built by the city of kalamazoo for the benefit of the public. The organization exists to create a sense of place for a diverse community by supporting and sponsoring events, activities and public spaces which are fun, safe and welcoming to all with a focus on families, youth and education.

Plan and coordinate public and private development in downtown kalamazoo by lessening the burden of government, city parking staffing and events for public benefit

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$266,638$345,193▲ $78,555
Accounts Receivable$84,394$8,091▼ $76,303
Prepaid Expenses and Deferred Charges$4,715$7,068▲ $2,353
Land, Buildings, and Equipment, Net$7,526$5,584▼ $1,942
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$363,273$365,936▲ $2,663
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$98,306$116,580▲ $18,274
Deferred Revenue$0$41,849▲ $41,849
Other Liabilities$0$3,290▲ $3,290
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$98,306$161,719▲ $63,413
Net Assets / Fund Balance
Unrestricted Net Assets$264,967$204,217▼ $60,750
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$264,967$204,217▼ $60,750
Total Liabilities and Net Assets / Fund Balance$363,273$365,936▲ $2,663

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,584$170,163$175,747
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steven DeislerPresidentFT$104,852$20,190$125,042

Board Members and Trustees

NameTitle
Chris ShookChair
James BridenstineVice Chair
Derek WissnerDirector
Greg AyersDirector
Rev Seth WeeldreyerDirector
Tom ShusterDirector
Jim RitsemaDirector / City Manager
Ann RohrbaughDDA Delegate
Caroline HamDti Delegate
Cindy StewartDti Delegate
Margaret PattonSecretary
Betty PeristeridisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$174,960
Program Service Revenue
$428,646
Investment Income
$220
Other Revenue
$-25,009
All Other Contributions
$163,198
Change in Net Assets
$-76,031

Audited Revenue Reconciliation

Revenue per Audited Statements
$603,826
Revenue Not Reported on Financial Statements
$-25,009
Other Revenue Adjustments
$-25,009
Total Revenue per Audited Statements
$603,826
Total Revenue per Form 990
$578,817
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$339,121
Other Expenses$304,955
Grants and Similar Amounts Paid$10,772
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$40,600$121,542-$162,142
Current Officers, Directors, Trustees, and Key Employees$86,115$38,927-$125,042
Occupancy$20,234$11,884-$32,118
Other Employee Benefits$17,336$10,181-$27,517
All Other Expenses$12,480$13,769-$26,249
Payroll Taxes$13,656$8,020-$21,676
Advertising$18,343--$18,343
Other Expenses$9,562$5,616-$15,178
Information Technology$7,385$4,337-$11,722
Grants to Domestic Orgs$10,772--$10,772
Fees for Services Accounting-$10,745-$10,745
Office Expenses$6,396$3,756-$10,152
Insurance$1,588$2,918-$4,506
Conferences and Meetings$1,491$1,501-$2,992
Pension Plan Contributions$1,729$1,015-$2,744
Fees for Services Legal-$2,173-$2,173
Depreciation Depletion$1,223$719-$1,942
Total Functional Expenses$417,745$237,103$0$654,848

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$679,857
Expenses per Audited Statements$654,848
Total Expenses per Form 990$654,848
Expenses Not Reported on Form 990$25,009
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Downtown Development AuthorityKalamazoo, MI-Downtown Services$10,772
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$9,141
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Betty PeristeridisTreasurer of OrganizationOffice Space LeaseNo$47,986

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Festival Security Deposits$3,290
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
Yes
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
Filing and Contact Details

Filer

Filer Name
Downtown Kalamazoo Inc
EIN
38-2845664
In Care Of
% STEVEN DEISLER
Phone
2693440795
Address
141 East Michigan Avenue Suite 501, Kalamazoo, MI 49007

Signing Officer

Name
Steven Deisler
Title
President
Phone
2693440795
Signed
2016-06-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Shook
Formed
1989
Legal Domicile
Mi
Voting Board Members
12
Independent Board Members
11
Employees
6
Volunteers
120

Preparer

Firm
Bdo USA Llp
Address
200 OTTAWA AVE NW STE 300, GRAND RAPIDS, MI 49503
Preparer
Richard Noreen
Phone
6167747000
Supplemental Narrative

Additional Explanations

Significant Program Services Undertaken During the Year

Form 990, part iii, line 2 during the tax year, dka charities inc, contributed all of its remaining assets, cash, to the organization. The organization is now operating the programs and mission of the former dka charities inc organization through one of its sub committee's, the brand & engagement committee.

Significant Changes to Governing Documents

FORM 990, PART VI, SECTION A, LINE 4 DOWNTOWN KALAMAZOO, INC. AMENDED ITS ARTICLES OF INCORPORATION TO MEET THE REPORTING REQUIREMENTS FOR TAX EXEMPT ORGANIZATIONS FILING AS AN INTERNAL REVENUE CODE SECTION 501(C)(3) PUBLIC CHARITY. THE ORGANIZATION SUBSEQUENTLY APPLIED FOR AND WAS GRANTED TAX EXEMPT STATUS UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). Effective March 16, 2015 the organization is tax exempt under Internal revenue code section 501(c)(3).

Review of Form 990

Form 990, part vi, section b, line 11b the form 990 is prepared by accountants bdo usa, llp and reviewed by staff of the organization prior to submission to the board of directors for their review prior to filing.

Conflict of Interest Policy

FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY is monitored at the board level. Any member who might possibly have a conflict of interest exempts themselves from decision making/board actions.

The Process for Determining and Approving Officer Compensation

FORM 990, PART VI, SECTION B, LINE 15A The DKI Executive Committee circulates an evaluation instrument for input to be used in the President's evaluation. Salary surveys conducted by the INTERNATIONAL DOWNTOWN ASSOCIATION (IDA) also are used by the committee to compare with other downtown organization CEO's.

Governing Documents, Conflict of Interest Policy, Financials

Form 990, part vi, section c, line 19 the organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon request. Requests can be made to mr. Steven deisler at 141 e. Michigan avenue, suite 501, kalamazoo, michigan 49007.

Change to Unrestricted Net Assets

Form 990, Part XI, Line 9 There is an increase to unresticted net assets of $15,281. This is due to the merger with DKA Charities INC; all remaining cash was transferred from DKA Charities, Inc to the organization.

Financial Statement Notes

Asc 740 Footnote

SCHEDULE D, PART X, LINE 2 THE ORGANIZATON IS TAX-EXEMPT UNDER THE INTERNAL REVENUE CODE SECTION 501(C)(3) AND, ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. The Organization applies a more-likely-than-not recognition threshold for all tax uncertainties. Only those tax benefits that have a greater than fifty percent likelihood of being sustained upon examination by the taxing authorities are recognized. Based on its evaluation, the Organization has concluded there are no significant uncertain tax positions requiring recognition in its financial statements.

Other Revenue Included on Form 990

Schedule d, part xi, line 4b net rental income from sublease: $(15,868) fundraising expenses: $(9,141)

Other Expenses Not Included on Form 990

Schedule d, part xii, line 2d net rental income from sublease: $15,868 fundraising expenses: $9,141

Raw XML AppendixShowing 400 of 618 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt098306
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0116580
IRS990/AccountsReceivableGrp/BOYAmt084394
IRS990/AccountsReceivableGrp/EOYAmt08091
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PLAN AND COORDINATE PUBLIC AND PRIVATE DEVELOPMENT IN DOWNTOWN KALAMAZOO BY LESSENING THE BURDEN OF GOVERNMENT, CITY PARKING STAFFING AND EVENTS FOR PUBLIC BENEFIT
IRS990/AdvertisingGrp/ProgramServicesAmt018343
IRS990/AdvertisingGrp/TotalAmt018343
IRS990/AllOtherContributionsAmt0163198
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt013769
IRS990/AllOtherExpensesGrp/ProgramServicesAmt012480
IRS990/AllOtherExpensesGrp/TotalAmt026249
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0STEVEN DEISLER
IRS990/BooksInCareOfDetail/PhoneNum02693440795
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0141 EAST MICHIGAN AVENUE STE 501
IRS990/BooksInCareOfDetail/USAddress/CityNm0KALAMAZOO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd049007
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0true
IRS990/CashNonInterestBearingGrp/BOYAmt0266638
IRS990/CashNonInterestBearingGrp/EOYAmt0345193
IRS990/ChangeToOrgDocumentsInd0true
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt038927
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt086115
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0125042
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt01501
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01491
IRS990/ConferencesMeetingsGrp/TotalAmt02992
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt011762
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0174960
IRS990/CYGrantsAndSimilarPaidAmt010772
IRS990/CYInvestmentIncomeAmt0220
IRS990/CYOtherExpensesAmt0304955
IRS990/CYOtherRevenueAmt0-25009
IRS990/CYProgramServiceRevenueAmt0428646
IRS990/CYRevenuesLessExpensesAmt0-76031
IRS990/CYSalariesCompEmpBnftPaidAmt0339121
IRS990/CYTotalExpensesAmt0654848
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0578817
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt041849
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0719
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01223
IRS990/DepreciationDepletionGrp/TotalAmt01942
IRS990/Desc0IN COORDINATION WITH OTHER RELATED ENTITIES THE ORGANIZATION HAS IMPLEMENTED NEW REHABILITATION PROJECTS IN THE DOWNTOWN KALAMAZOO AREA TO IMPROVE THE HEALTH, LIVING, AND WORKING CONDITIONS IN THE DOWNTOWN DISTRICT. FUND AND ADMINISTER MUSICAL AND VISUAL ARTS IN WHICH LOCAL DIVERSE GROUPS SHOWCASE THEIR CULTURES THROUGH MUSIC, DANCE, AND FOOD, THE ANNUAL HOLIDAY PARADE, AND INFORMATIONAL PROGRAMS DEALING WITH PUBLIC SAFETY CONCERNS IN THE CITY OF KALAMAZOO.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt0417745
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010745
IRS990/FeesForServicesAccountingGrp/TotalAmt010745
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02173
IRS990/FeesForServicesLegalGrp/TotalAmt02173
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt31.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt61.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt71.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt121.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.0
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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/OtherCompensationAmt1220190
IRS990/Form990PartVIISectionAGrp/PersonNm0Chris Shook
IRS990/Form990PartVIISectionAGrp/PersonNm1Caroline Ham
IRS990/Form990PartVIISectionAGrp/PersonNm2GREG AYERS
IRS990/Form990PartVIISectionAGrp/PersonNm3Cindy Stewart
IRS990/Form990PartVIISectionAGrp/PersonNm4Margaret Patton
IRS990/Form990PartVIISectionAGrp/PersonNm5JAMES BRIDENSTINE
IRS990/Form990PartVIISectionAGrp/PersonNm6BETTY PERISTERIDIS
IRS990/Form990PartVIISectionAGrp/PersonNm7ANN ROHRBAUGH
IRS990/Form990PartVIISectionAGrp/PersonNm8Rev Seth Weeldreyer
IRS990/Form990PartVIISectionAGrp/PersonNm9JIM RITSEMA
IRS990/Form990PartVIISectionAGrp/PersonNm10Tom Shuster
IRS990/Form990PartVIISectionAGrp/PersonNm11Derek Wissner
IRS990/Form990PartVIISectionAGrp/PersonNm12STEVEN DEISLER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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/ReportableCompFromOrgAmt12104852
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/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1DTI DELEGATE
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DTI DELEGATE
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7DDA Delegate
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR / CITY MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01989
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingAmt011762
IRS990/FundraisingDirectExpensesAmt09141
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantAmt010772
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt010772
IRS990/GrantsToDomesticOrgsGrp/TotalAmt010772
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0615826
IRS990/GrossRentsGrp/RealAmt012000
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt04337
IRS990/InformationTechnologyGrp/ProgramServicesAmt07385
IRS990/InformationTechnologyGrp/TotalAmt011722
IRS990/InsuranceGrp/ManagementAndGeneralAmt02918
IRS990/InsuranceGrp/ProgramServicesAmt01588
IRS990/InsuranceGrp/TotalAmt04506
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0220
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0220
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0170163
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07526
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05584
IRS990/LandBldgEquipCostOrOtherBssAmt0175747
IRS990/LegalDomicileStateCd0MI
IRS990/LessRentalExpensesGrp/RealAmt027868
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PLAN AND COORDINATE PUBLIC AND PRIVATE DEVELOPMENT IN DOWNTOWN KALAMAZOO TO ASSURE THAT THE DOWNTOWN AREA IS ABLE TO SUPPORT RETAIL, COMMERCIAL, AND RESIDENTIAL ACTIVITY IN THE INTEREST OF MAINTAINING THE CENTRAL BUSINESS DISTRICT AS THE CORE OF THE COMMUNITY. THE EXEMPT PURPOSE OF THE ORGANIZATION INCLUDES LESSENING THE BURDEN OF THE CITY OF KALAMAZOO GOVERNMENT BY PROVIDING STAFFING SERVICES FOR THE DOWNTOWN DEVELOPMENT AUTHORITY AND OPERATING THE PARKING STRUCTURES OWNED AND BUILT BY THE CITY OF KALAMAZOO FOR THE BENEFIT OF THE PUBLIC. THE ORGANIZATION EXISTS TO CREATE A SENSE OF PLACE FOR A DIVERSE COMMUNITY BY SUPPORTING AND SPONSORING EVENTS, ACTIVITIES AND PUBLIC SPACES WHICH ARE FUN, SAFE AND WELCOMING TO ALL WITH A FOCUS ON FAMILIES, YOUTH AND EDUCATION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0264967
IRS990/NetAssetsOrFundBalancesEOYAmt0204217
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-9141
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-9141
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0-15868
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-15868
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt011884
IRS990/OccupancyGrp/ProgramServicesAmt020234
IRS990/OccupancyGrp/TotalAmt032118
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03756
IRS990/OfficeExpensesGrp/ProgramServicesAmt06396
IRS990/OfficeExpensesGrp/TotalAmt010152
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt015281
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010181
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt017336
IRS990/OtherEmployeeBenefitsGrp/TotalAmt027517
IRS990/OtherExpensesGrp/Desc0EVENTS/PERFORMANCES
IRS990/OtherExpensesGrp/Desc1PARADES
IRS990/OtherExpensesGrp/Desc2MAINTENANCE
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05616
IRS990/OtherExpensesGrp/ProgramServicesAmt0113026
IRS990/OtherExpensesGrp/ProgramServicesAmt130087
IRS990/OtherExpensesGrp/ProgramServicesAmt225722
IRS990/OtherExpensesGrp/ProgramServicesAmt39562
IRS990/OtherExpensesGrp/TotalAmt0113026
IRS990/OtherExpensesGrp/TotalAmt130087
IRS990/OtherExpensesGrp/TotalAmt225722
IRS990/OtherExpensesGrp/TotalAmt315178
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt03290
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0121542
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt040600
IRS990/OtherSalariesAndWagesGrp/TotalAmt0162142
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08020
IRS990/PayrollTaxesGrp/ProgramServicesAmt013656
IRS990/PayrollTaxesGrp/TotalAmt021676
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01015
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01729
IRS990/PensionPlanContributionsGrp/TotalAmt02744
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04715
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07068
IRS990/PrincipalOfficerNm0CHRIS SHOOK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1713990
IRS990/ProgramServiceRevenueGrp/BusinessCd2713990
IRS990/ProgramServiceRevenueGrp/Desc0SERVICE AGREEMENTS
IRS990/ProgramServiceRevenueGrp/Desc1EVENT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2FESTIVAL REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0389750
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt117530
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt221366
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0389750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt117530
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt221366
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt038550
IRS990/PYInvestmentIncomeAmt0235
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0132656
IRS990/PYOtherRevenueAmt0-15602
IRS990/PYProgramServiceRevenueAmt0394750
IRS990/PYRevenuesLessExpensesAmt0-103062
IRS990/PYSalariesCompEmpBnftPaidAmt0311239
IRS990/PYTotalExpensesAmt0482445
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0379383
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-76031
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt0-15868
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0428646
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0174960
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt00

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.$0.02$0.03$0.01$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.02$0.03$0.01$0.01$0.05$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.22$0.18$0.03$0.20$0.61$0.41
2021Detailed filing. Detailed filing data is available for this year.$0.80$0.35$0.45$1.37$1.20$0.16
2020Detailed filing. Detailed filing data is available for this year.$0.75$0.47$0.28$0.99$0.85$0.14
2019Detailed filing. Detailed filing data is available for this year.$0.49$0.35$0.14$0.80$0.80$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.42$0.28$0.14$0.92$0.88$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.29$0.18$0.10$0.67$0.64$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.30$0.23$0.07$0.60$0.73$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.37$0.16$0.20$0.58$0.65$0.08
2014Summary only. Only limited summary data is available for this year.$0.36$0.10$0.26$0.38$0.48$0.10
2013Summary only. Only limited summary data is available for this year.$0.47$0.11$0.37$0.58$0.95$0.37
2012Summary only. Only limited summary data is available for this year.$0.96$0.23$0.74$1.21$1.41$0.20
2011Summary only. Only limited summary data is available for this year.$1.12$0.18$0.94$1.23$1.25$0.02