Liabilities / Assets
71st percentile
Higher debt load relative to assets than 71% of similar nonprofits.
990 • Fiscal year 2025 • EIN 56-1432420
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
71st percentile
Higher debt load relative to assets than 71% of similar nonprofits.
Liabilities / Revenue
75th percentile
Higher debt load relative to revenue than 75% of similar nonprofits.
Net Margin
79th percentile
Higher net margin than 79% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
5th percentile
Faster asset growth than 5% of similar nonprofits.
Revenue Growth
68th percentile
Faster revenue growth than 68% of similar nonprofits.
Assets
Down$284,341
Down $816,311 (-74%) from 2024
Net Assets
Down$276,114
Down $270,483 (-49%) from 2024
Liabilities
Down$8,227
Down $545,828 (-99%) from 2024
Revenue
Up$232,272
Up $35,906 (+18%) from 2024
Expenses
Up$157,734
Up $21,742 (+16%) from 2024
Net Income
Up$74,538
Up $14,164 (+23%) from 2024
Promoting, enhancing and managing the development of the commercial, business, economic, residential, civic, and historical development of downtown salisbury, north carolina.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $880,000 | - | - |
| Savings and Temporary Cash Investments | $219,440 | $284,341 | ▲ $64,901 |
| Accounts Receivable | $1,212 | - | - |
| Total Assets | $1,100,652 | $284,341 | ▼ $816,311 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $544,889 | - | - |
| Deferred Revenue | $7,500 | $7,500 | → $0 |
| Accounts Payable and Accrued Expenses | $1,666 | $727 | ▼ $939 |
| Total Liabilities | $554,055 | $8,227 | ▼ $545,828 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $546,597 | $276,114 | ▼ $270,483 |
| Total Net Assets Fund Balance | $546,597 | $276,114 | ▼ $270,483 |
| Total Liabilities and Net Assets / Fund Balance | $1,100,652 | $284,341 | ▼ $816,311 |
| Name | Title |
|---|---|
| Tonyan Schofield | Chair |
| Samantha Haspel | Vice-chair |
| Andy Maben | Director |
| Ashley Medina | Director |
| Bill Greene | Director |
| Bob Potter | Director |
| Brad Walser | Director |
| David Rose | Director |
| Elaine Spalding | Director |
| Gianni Moscardini | Director |
| Greg Shields | Director |
| James Meacham | Director |
| Jayne Helms | Director |
| Kelly Baker | Director |
| Kimberly Steig | Director |
| Mark Lewis | Director |
| Pete Bogle | Director |
| Rod Crider | Director |
| Tamara Sheffield | Director |
| Vincia Benjamin-miller | Director |
| Sada Stewart Troutman | Executive Di |
| James Faust | Secretary |
| Stan Jordan | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $157,734 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Advertising | $134,723 | - | - | $134,723 |
| Office Expenses | - | $6,408 | - | $6,408 |
| Fees for Services Other | - | $6,000 | - | $6,000 |
| Fees for Services Accounting | - | $3,900 | - | $3,900 |
| Insurance | - | $2,306 | - | $2,306 |
| Travel | $400 | $1,703 | - | $2,103 |
| Other Expenses | $250 | $38 | - | $38 |
| Total Functional Expenses | $135,373 | $22,361 | $0 | $157,734 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $157,734 |
| Total Expenses per Audited Statements | $157,734 |
| Total Expenses per Form 990 | $157,734 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The executive director and treasurer review a draft of the 990 and discuss any observations, questions or changes with the cpa return preparer. Management emails each board member a pdf copy of the 990 for their review. Board members are given a period of one week to review the return and reply to management with any observations, questions or changes.”
“Conflict of interest policy is distributed to board members and staff, who are asked to sign the policy and reveal in writing any potential conflicts of interest. Board members and staff are reminded to recuse themselves from any official action where there may be a conflict of interest.”
“The organization does not have employees”
“The organization does not have employees”
“All governing documents, conflict of interest policy and financial statements are made available at the organization's adminstrative office and are available to the public upon request.”
“The volunteers provide service and guidance for various committees.”
“Promoted, enhanced and managed the development of the central business district in a manner which continues to make the district the economic, governmental, social and cultural center of rowan county by promoting activity in economic restructuring, design, promotions, and building partnerships.”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 1666 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 727 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 1212 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | PROMOTING, ENHANCING AND MANAGING THE DEVELOPMENT OF THE COMMERCIAL, BUSINESS, ECONOMIC, RESIDENTIAL, CIVIC, AND HISTORICAL DEVELOPMENT OF DOWNTOWN SALISBURY, NORTH CAROLINA. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 134723 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 134723 |
| IRS990/AllOtherContributionsAmt | 0 | 964 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | SADA STEWART TROUTMAN |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7046377814 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 217 S MAIN STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | SALISBURY |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 28144 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 964 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 6805 |
| IRS990/CYOtherExpensesAmt | 0 | 157734 |
| IRS990/CYOtherRevenueAmt | 0 | -28124 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 252627 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 74538 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 157734 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 232272 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 7500 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 7500 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | PROMOTED, ENHANCED AND MANAGED THE DEVELOPMENT OF THE CENTRAL BUSINESS DISTRICT IN A MANNER WHICH CONTINUES TO MAKE THE DISTRICT THE ECONOMIC, GOVERNMENTAL, SOCIAL AND CULTURAL CENTER OF ROWAN COUNTY BY PROMOTING ACTIVITY IN ECONOMIC RESTRUCTURING,DESIGN, PROMOTIONS, AND BUILDING PARTNERSHIPS. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | true |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 135373 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 3900 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 3900 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 6000 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 6000 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 9 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 10 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 11 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 12 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 13 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 14 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 15 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 16 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 17 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 18 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 19 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 20 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 21 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 22 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 17 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 18 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 19 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 20 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 21 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 22 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 16 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 17 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 18 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 19 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 20 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 21 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | TONYAN SCHOFIELD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | SAMANTHA HASPEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JAMES FAUST |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | STAN JORDAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | KELLY BAKER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | VINCIA BENJAMIN-MILLER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | PETE BOGLE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | ROD CRIDER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | BILL GREENE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | JAYNE HELMS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | MARK LEWIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | ANDY MABEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | JAMES MEACHAM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | ASHLEY MEDINA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | GIANNI MOSCARDINI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | BOB POTTER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | DAVID ROSE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | TAMARA SHEFFIELD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | GREG SHIELDS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 19 | ELAINE SPALDING |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 20 | KIMBERLY STEIG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 21 | BRAD WALSER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 22 | SADA STEWART TROUTMAN |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE-CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 22 | EXECUTIVE DI |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 1983 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 22 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 260396 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 22 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 2306 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 2306 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 6805 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 6805 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 4 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 880000 |
| IRS990/LegalDomicileStateCd | 0 | NC |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 28124 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | PROMOTING, ENHANCING AND MANAGING THE DEVELOPMENT OF THE COMMERCIAL, BUSINESS, ECONOMIC, RESIDENTIAL, CIVIC, AND HISTORICAL DEVELOPMENT OF DOWNTOWN SALISBURY, NORTH CAROLINA. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 544889 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 546597 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 276114 |
| IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | -28124 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | -28124 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -345021 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 546597 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 276114 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 6408 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 6408 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherExpensesGrp/Desc | 0 | DUES & SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/Desc | 1 | EDUCATION AND TRAINING |
| IRS990/OtherExpensesGrp/Desc | 2 | OTHER |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1756 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 250 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 38 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 250 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 1756 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 500 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 38 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | SADA STEWART TROUTMAN |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | CITY OF SALISBURY - MSDT |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | DOWNTOWN PROMOTIONAL EVENTS |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 149541 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 103086 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 149541 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 103086 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | PROMOTED, ENHANCED AND MANAGED THE DEVELOPMENT OF THE CENTRAL BUSINESS DISTRICT IN A MANNER WHICH CONTINUES TO MAKE THE DISTRICT THE ECONOMIC, GOVERNMENTAL, SOCIAL AND CULTURAL CENTER OF ROWAN COUNTY BY PROMOTING ACTIVITY IN ECONOMIC RESTRUCTURING, DESIGN, PROMOTIONS, AND BUILDING PARTNERSHIPS. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 3838 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 3237 |
| IRS990/PYOtherExpensesAmt | 0 | 135992 |
| IRS990/PYOtherRevenueAmt | 0 | -56849 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 246140 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 60374 |
| IRS990/PYTotalExpensesAmt | 0 | 135992 |
| IRS990/PYTotalRevenueAmt | 0 | 196366 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 74538 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | -28124 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 252627 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 219440 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 284341 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 964 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 3838 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 37538 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 13709 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 4471 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 60520 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 6805 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 3237 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 206 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 17 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 37 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 10302 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 1070652 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.85450 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.95020 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 60520 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 964 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 3838 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 37538 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 13709 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 4471 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 60520 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 70822 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 157734 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 232272 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 157734 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 232272 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 232272 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 157734 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE VOLUNTEERS PROVIDE SERVICE AND GUIDANCE FOR VARIOUS COMMITTEES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PROMOTED, ENHANCED AND MANAGED THE DEVELOPMENT OF THE CENTRAL BUSINESS DISTRICT IN A MANNER WHICH CONTINUES TO MAKE THE DISTRICT THE ECONOMIC, GOVERNMENTAL, SOCIAL AND CULTURAL CENTER OF ROWAN COUNTY BY PROMOTING ACTIVITY IN ECONOMIC RESTRUCTURING, DESIGN, PROMOTIONS, AND BUILDING PARTNERSHIPS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE EXECUTIVE DIRECTOR AND TREASURER REVIEW A DRAFT OF THE 990 AND DISCUSS ANY OBSERVATIONS, QUESTIONS OR CHANGES WITH THE CPA RETURN PREPARER. MANAGEMENT EMAILS EACH BOARD MEMBER A PDF COPY OF THE 990 FOR THEIR REVIEW. BOARD MEMBERS ARE GIVEN A PERIOD OF ONE WEEK TO REVIEW THE RETURN AND REPLY TO MANAGEMENT WITH ANY OBSERVATIONS, QUESTIONS OR CHANGES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO BOARD MEMBERS AND STAFF, WHO ARE ASKED TO SIGN THE POLICY AND REVEAL IN WRITING ANY POTENTIAL CONFLICTS OF INTEREST. BOARD MEMBERS AND STAFF ARE REMINDED TO RECUSE THEMSELVES FROM ANY OFFICIAL ACTION WHERE THERE MAY BE A CONFLICT OF INTEREST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION DOES NOT HAVE EMPLOYEES |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE ORGANIZATION DOES NOT HAVE EMPLOYEES |
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Displayed year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.