Civic Intelligence

Albemarle Downtown Development Corporation

EIN 56-1683012 • 501(c)3 • Albemarle, NC

Pub. 78 EligibleNTEE S31Z

Profile

To create an environment for development that enhances downtown albemarle as the cultural, historic, social, economic, and educational center of the

PO Box 2123Albemarle, NC 28002-0190

www.albemarledowntown.com

Siviq Scores

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

Liabilities / Assets

39th percentile

0.00x

Higher debt load relative to assets than 39% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

40th percentile

0.00x

Higher debt load relative to revenue than 40% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

37th percentile

-1.3%

Higher net margin than 37% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

38th percentile

-0.9%

Faster asset growth than 38% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

50th percentile

7.0%

Faster revenue growth than 50% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Down

$667,070

Down $6,179 (-0.9%) from 2024

Liabilities

Up

$2,009

Up $205 (+11%) from 2024

Net Assets

Down

$665,061

Down $6,384 (-1.0%) from 2024

Revenue

Up

$496,366

Up $32,458 (+7.0%) from 2024

Expenses

Up

$502,750

Up $43,555 (+9.5%) from 2024

Net Income

Down

-$6,384

Down $11,097 (-235%) from 2024

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $920,385Liabilities 2011: $89,196Net Assets 2011: $831,1892011Assets 2012: $855,115Liabilities 2012: $59,789Net Assets 2012: $795,3262012Assets 2013: $832,419Liabilities 2013: $50,917Net Assets 2013: $781,5022013Assets 2014: $847,147Liabilities 2014: $41,133Net Assets 2014: $806,0142014Assets 2015: $844,336Liabilities 2015: $32,391Net Assets 2015: $811,9452015Assets 2016: $837,903Liabilities 2016: $51,471Net Assets 2016: $786,4322016Assets 2017: $772,768Liabilities 2017: $460Net Assets 2017: $772,3082017Assets 2018: $765,684Liabilities 2018: $660Net Assets 2018: $765,0242018Assets 2019: $777,847Liabilities 2019: $1,260Net Assets 2019: $776,5872019Assets 2021: $738,158Liabilities 2021: $2,026Net Assets 2021: $736,1322021Assets 2022: $699,695Liabilities 2022: $1,403Net Assets 2022: $698,2922022Assets 2023: $668,464Liabilities 2023: $1,732Net Assets 2023: $666,7322023Assets 2024: $673,249Liabilities 2024: $1,804Net Assets 2024: $671,4452024Assets 2025: $667,070Liabilities 2025: $2,009Net Assets 2025: $665,0612025

Highlighted filing

2025

Assets$667,070
Liabilities$2,009
Net Assets$665,061

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $144,240Expenses 2011: $160,074Net Income 2011: -$15,8342011Revenue 2012: $495,291Expenses 2012: $501,648Net Income 2012: -$6,3572012Revenue 2013: $487,840Expenses 2013: $500,472Net Income 2013: -$12,6322013Revenue 2014: $509,265Expenses 2014: $486,602Net Income 2014: $22,6632014Revenue 2015: $591,159Expenses 2015: $585,228Net Income 2015: $5,9312015Revenue 2016: $531,943Expenses 2016: $501,456Net Income 2016: $30,4872016Revenue 2017: $428,421Expenses 2017: $442,545Net Income 2017: -$14,1242017Revenue 2018: $433,542Expenses 2018: $440,826Net Income 2018: -$7,2842018Revenue 2019: $465,150Expenses 2019: $453,587Net Income 2019: $11,5632019Revenue 2021: $436,614Expenses 2021: $469,332Net Income 2021: -$32,7182021Revenue 2022: $540,940Expenses 2022: $578,780Net Income 2022: -$37,8402022Revenue 2023: $496,480Expenses 2023: $528,089Net Income 2023: -$31,6092023Revenue 2024: $463,908Expenses 2024: $459,195Net Income 2024: $4,7132024Revenue 2025: $496,366Expenses 2025: $502,750Net Income 2025: -$6,3842025

Highlighted filing

2025

Revenue$496,366
Expenses$502,750
Net Income-$6,384

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.67$0.02$6.65$4.96$5.03$0.06
2024Detailed filing. Detailed filing data is available for this year.$6.73$0.02$6.71$4.64$4.59$0.05
2023Detailed filing. Detailed filing data is available for this year.$6.68$0.02$6.67$4.96$5.28$0.32
2022Detailed filing. Detailed filing data is available for this year.$7.00$0.01$6.98$5.41$5.79$0.38
2021Detailed filing. Detailed filing data is available for this year.$7.38$0.02$7.36$4.37$4.69$0.33
2019Summary only. Only limited summary data is available for this year.$7.78$0.01$7.77$4.65$4.54$0.12
2018Summary only. Only limited summary data is available for this year.$7.66$0.01$7.65$4.34$4.41$0.07
2017Summary only. Only limited summary data is available for this year.$7.73$0.00$7.72$4.28$4.43$0.14
2016Summary only. Only limited summary data is available for this year.$8.38$0.51$7.86$5.32$5.01$0.30
2015Summary only. Only limited summary data is available for this year.$8.44$0.32$8.12$5.91$5.85$0.06
2014Summary only. Only limited summary data is available for this year.$8.47$0.41$8.06$5.09$4.87$0.23
2013Summary only. Only limited summary data is available for this year.$8.32$0.51$7.82$4.88$5.00$0.13
2012Summary only. Only limited summary data is available for this year.$8.55$0.60$7.95$4.95$5.02$0.06
2011Summary only. Only limited summary data is available for this year.$9.20$0.89$8.31$1.44$1.60$0.16
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Aug 15, 2025
Return Version
2024v5.2
Gross Receipts
$496,366
Mission and Program Overview

Mission

To create an environment for development that enhances downtown albemarle as the cultural, historic, social, economic, and educational center of the

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$501,391$473,120▼ $28,271
Cash and Non-Interest-Bearing Accounts$171,858$193,950▲ $22,092
Total Assets$673,249$667,070▼ $6,179
Liabilities
Other Liabilities$1,210$1,580▲ $370
Accounts Payable and Accrued Expenses$594$429▼ $165
Total Liabilities$1,804$2,009▲ $205
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$671,445$665,061▼ $6,384
Total Net Assets Fund Balance$671,445$665,061▼ $6,384
Total Liabilities and Net Assets / Fund Balance$673,249$667,070▼ $6,179

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$350,815$599,749$950,564
Land$85,535-$85,535
Equipment$36,770$26,803$63,573
Other Land Buildings$0$30,888$30,888
Compensation and Service Providers

Board Members and Trustees

NameTitle
John WilliamsChair
Beth OlivieriImmediate Past Chair
Bradley EudyVice Chair
Cindy DryDirector
Connie MosherDirector
Kristy N Lee-thaoDirector
Megan KingDirector
Olivia PhillipsDirector
Shay Watson VitaleDirector
Tanner DentonDirector
Tammy BranchTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$26,858
Program Service Revenue
$457,659
Investment Income
$2,419
Other Revenue
$9,430
All Other Contributions
$20,294
Change in Net Assets
$-6,384
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$502,750
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$85,397$696$0$86,093
Depreciation Depletion$28,271$0$0$28,271
Insurance$0$6,989$0$6,989
Fees for Services Accounting$0$3,880$0$3,880
Other Expenses$2,398$0$0$2,398
Advertising$1,230$0$0$1,230
Total Functional Expenses$491,185$11,565$0$502,750
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$1,580
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Albemarle Downtown Development Corporation
EIN
56-1683012
Phone
7049849415
Address
PO BOX 2123, ALBEMARLE, NC 28002-0190

Signing Officer

Name
Katie Lynn
Title
Executive Director
Phone
7049849415
Signed
2025-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Katie Lynn
Formed
1989
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
50

Preparer

Firm
Dogwood Tax & Advisory LLC
Address
216 W North St, Albemarle, NC 28001
Preparer
William R Huneycutt CPA
Phone
3366269970
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The form 990 is reviewed by the executive director and the treasurer of the board of directors before filing. Copies are provided to the full board upon their request.

Form 990, Part IX, Line 24E

Board meetings 1658. 1658. 0. 0.

Form 990, Part IX, Line 24E

Dues and subscriptions 1664. 1664. 0. 0.

Form 990, Part IX, Line 24E

Design committee 15329. 15329. 0. 0.

Form 990, Part IX, Line 24E

Organization 3156. 3156. 0. 0.

Form 990, Part IX, Line 24E

Farmers market 4104. 4104. 0. 0.

Form 990, Part IX, Line 24E

Market station 13922. 13922. 0. 0.

Form 990, Part IX, Line 24E

Other expenses 696. 0. 696. 0.

Form 990, Part IX, Line 24E

Activities 3467. 3467. 0. 0.

Form 990, Part IX, Line 24E

Courthouse square 419. 419. 0. 0.

Form 990, Part IX, Line 24E

Liberty gardens 1652. 1652. 0. 0.

Form 990, Part IX, Line 24E

Economic vitality 40000. 40000. 0. 0.

Form 990, Part IX, Line 24E

Licenses & fees 26. 26. 0. 0.

Raw XML AppendixShowing 400 of 443 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/BOYAmt0594
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0429
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO CREATE AN ENVIRONMENT FOR DEVELOPMENT THAT ENHANCES DOWNTOWN ALBEMARLE AS THE CULTURAL, HISTORIC, SOCIAL, ECONOMIC, AND EDUCATIONAL CENTER OF THE
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt01230
IRS990/AdvertisingGrp/TotalAmt01230
IRS990/AllOtherContributionsAmt020294
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0696
IRS990/AllOtherExpensesGrp/ProgramServicesAmt085397
IRS990/AllOtherExpensesGrp/TotalAmt086093
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0KATIE LYNN
IRS990/BooksInCareOfDetail/PhoneNum07049849415
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0144 N 2ND STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0ALBEMARLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028001
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0171858
IRS990/CashNonInterestBearingGrp/EOYAmt0193950
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt06564
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt026858
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02419
IRS990/CYOtherExpensesAmt0502750
IRS990/CYOtherRevenueAmt09430
IRS990/CYProgramServiceRevenueAmt0457659
IRS990/CYRevenuesLessExpensesAmt0-6384
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0502750
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0496366
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt028271
IRS990/DepreciationDepletionGrp/TotalAmt028271
IRS990/Desc0VARIOUS PROGRAMS TO PROMOTE DOWNTOWN DEVELOPMENT AND REVITALIZATION AND TO PROMOTE DOWNTOWN BUSINESS IN THE COMMUNITY
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0491185
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03880
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt03880
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
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/PersonNm0JOHN WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm1BETH OLIVIERI
IRS990/Form990PartVIISectionAGrp/PersonNm2BRADLEY EUDY
IRS990/Form990PartVIISectionAGrp/PersonNm3TAMMY BRANCH
IRS990/Form990PartVIISectionAGrp/PersonNm4OLIVIA PHILLIPS
IRS990/Form990PartVIISectionAGrp/PersonNm5CONNIE MOSHER
IRS990/Form990PartVIISectionAGrp/PersonNm6TANNER DENTON
IRS990/Form990PartVIISectionAGrp/PersonNm7SHAY WATSON VITALE
IRS990/Form990PartVIISectionAGrp/PersonNm8CINDY DRY
IRS990/Form990PartVIISectionAGrp/PersonNm9KRISTY N LEE-THAO
IRS990/Form990PartVIISectionAGrp/PersonNm10MEGAN KING
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/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/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01989
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingAmt06564
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantAmt020294
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0496366
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt011
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt06989
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt06989
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02419
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0657440
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0501391
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0473120
IRS990/LandBldgEquipCostOrOtherBssAmt01130560
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO CREATE AN ENVIRONMENT FOR DEVELOPMENT THAT ENHANCES DOWNTOWN ALBEMARLE AS THE CULTURAL, HISTORIC, SOCIAL, ECONOMIC, AND EDUCATIONAL CENTER OF THE
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0671445
IRS990/NetAssetsOrFundBalancesEOYAmt0665061
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0671445
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0665061
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0OUTDOORSMAN BONANZA
IRS990/OtherExpensesGrp/Desc1WINTER WINE FESTIVAL
IRS990/OtherExpensesGrp/Desc2OTHER EVENTS
IRS990/OtherExpensesGrp/Desc3TOUR OF HOMES
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt0365896
IRS990/OtherExpensesGrp/ProgramServicesAmt17728
IRS990/OtherExpensesGrp/ProgramServicesAmt2265
IRS990/OtherExpensesGrp/ProgramServicesAmt32398
IRS990/OtherExpensesGrp/TotalAmt0365896
IRS990/OtherExpensesGrp/TotalAmt17728
IRS990/OtherExpensesGrp/TotalAmt2265
IRS990/OtherExpensesGrp/TotalAmt32398
IRS990/OtherLiabilitiesGrp/BOYAmt01210
IRS990/OtherLiabilitiesGrp/EOYAmt01580
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0RENTAL INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt09430
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09430
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt09430
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0KATIE LYNN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0OUTDOOR BONANZA
IRS990/ProgramServiceRevenueGrp/Desc1WINTER WINE FESTIVAL
IRS990/ProgramServiceRevenueGrp/Desc2TOUR OF HOMES
IRS990/ProgramServiceRevenueGrp/Desc3FARMERS MARKET INCOME
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0423421
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt120645
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25545
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt38048
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03500
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0872
IRS990/PYOtherExpensesAmt0459195
IRS990/PYOtherRevenueAmt016937
IRS990/PYProgramServiceRevenueAmt0442599
IRS990/PYRevenuesLessExpensesAmt04713
IRS990/PYTotalExpensesAmt0459195
IRS990/PYTotalRevenueAmt0463908
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-6384
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0457659
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt020294
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt020433
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt020000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt064227
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02419
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0872
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt035
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt010
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0474
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03810
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94400
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.96910
IRS990ScheduleA/PublicSupportTotal170Amt064227
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt020294
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt020433
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt020000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt064227
IRS990ScheduleA/TotalSupportAmt068037
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0350815
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0599749
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0950564
IRS990ScheduleD/EquipmentGrp/BookValueAmt036770
IRS990ScheduleD/EquipmentGrp/DepreciationAmt026803
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt063573
IRS990ScheduleD/LandGrp/BookValueAmt085535
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt085535
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt030888
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt030888
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01580
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0473120
IRS990ScheduleD/TotalLiabilityAmt01580
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE TREASURER OF THE BOARD OF DIRECTORS BEFORE FILING. COPIES ARE PROVIDED TO THE FULL BOARD UPON THEIR REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEETINGS 1658. 1658. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DUES AND SUBSCRIPTIONS 1664. 1664. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESIGN COMMITTEE 15329. 15329. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ORGANIZATION 3156. 3156. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FARMERS MARKET 4104. 4104. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MARKET STATION 13922. 13922. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OTHER EXPENSES 696. 0. 696. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ACTIVITIES 3467. 3467. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9COURTHOUSE SQUARE 419. 419. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10LIBERTY GARDENS 1652. 1652. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11ECONOMIC VITALITY 40000. 40000. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12LICENSES & FEES 26. 26. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0673249
IRS990/TotalAssetsEOYAmt0667070
IRS990/TotalAssetsGrp/BOYAmt0673249
IRS990/TotalAssetsGrp/EOYAmt0667070
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt026858
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt011565
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0491185
IRS990/TotalFunctionalExpensesGrp/TotalAmt0502750
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01804
IRS990/TotalLiabilitiesEOYAmt02009
IRS990/TotalLiabilitiesGrp/BOYAmt01804
IRS990/TotalLiabilitiesGrp/EOYAmt02009
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0671445
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0665061
IRS990/TotalProgramServiceExpensesAmt0491185
IRS990/TotalProgramServiceRevenueAmt0457659
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0469508
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0496366
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050

Document Assets

No mirrored PDF or thumbnail assets are attached yet.