Civic Intelligence

Wilson Downtown Properties Inc.

990 • Fiscal year 2015 • EIN 56-2253512

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 12, 2016

PO Box 10Wilson, NC 27894-0010

(252) 293-5306

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.08x

Higher debt load relative to assets than 33% of similar nonprofits.

2015 filings • NTEE S • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

56th percentile

0.33x

Higher debt load relative to revenue than 56% of similar nonprofits.

2015 filings • NTEE S • $1M-$5M nonprofits • Source year 2015

Net Margin

94th percentile

79%

Higher net margin than 94% of similar nonprofits.

2015 filings • NTEE S • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

28th percentile

$0

Higher top officer pay than 28% of similar nonprofits.

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

2015 filings • NTEE S • $1M-$5M nonprofits • Source year 2015

Asset Growth

80th percentile

25%

Faster asset growth than 80% of similar nonprofits.

2015 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

62nd percentile

12%

Faster revenue growth than 62% of similar nonprofits.

2015 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$1,656,753

Up $331,547 (+25%) from 2014

Net Assets

Up

$1,516,104

Up $335,146 (+28%) from 2014

Liabilities

Down

$140,649

Down $3,599 (-2.5%) from 2014

Revenue

Up

$426,762

Up $46,260 (+12%) from 2014

Expenses

Up

$91,616

Up $25,219 (+38%) from 2014

Net Income

Up

$335,146

Up $21,041 (+6.7%) from 2014

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $541,038Liabilities 2011: $85,000Net Assets 2011: $456,0382011Assets 2012: $646,097Liabilities 2012: $47,272Net Assets 2012: $598,8252012Assets 2013: $912,128Liabilities 2013: $45,275Net Assets 2013: $866,8532013Assets 2014: $1,325,206Liabilities 2014: $144,248Net Assets 2014: $1,180,9582014Assets 2015: $1,656,753Liabilities 2015: $140,649Net Assets 2015: $1,516,1042015Assets 2016: $1,581,087Liabilities 2016: $183,118Net Assets 2016: $1,397,9692016Assets 2017: $2,133,229Liabilities 2017: $228,020Net Assets 2017: $1,905,2092017Assets 2018: $1,951,957Liabilities 2018: $119,221Net Assets 2018: $1,832,7362018Assets 2019: $235,862Liabilities 2019: $86,843Net Assets 2019: $149,0192019Assets 2020: $209,507Liabilities 2020: $0Net Assets 2020: $209,5072020Assets 2021: $203,929Liabilities 2021: $0Net Assets 2021: $203,9292021Assets 2022: $204,561Liabilities 2022: $0Net Assets 2022: $204,5612022Assets 2023: $283,907Liabilities 2023: $0Net Assets 2023: $283,9072023Assets 2024: $282,773Liabilities 2024: $0Net Assets 2024: $282,7732024Assets 2025: $273,300Liabilities 2025: $0Net Assets 2025: $273,3002025

Highlighted filing

2015

Assets$1,656,753
Liabilities$140,649
Net Assets$1,516,104

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2011: $5922011Expenses 2012: $6,4042012Expenses 2013: $8,8212013Revenue 2014: $380,502Expenses 2014: $66,397Net Income 2014: $314,1052014Revenue 2015: $426,762Expenses 2015: $91,616Net Income 2015: $335,1462015Revenue 2016: $49,319Expenses 2016: $167,454Net Income 2016: -$118,1352016Revenue 2017: $525,352Expenses 2017: $18,112Net Income 2017: $507,2402017Revenue 2018: $141,597Expenses 2018: $214,070Net Income 2018: -$72,4732018Revenue 2019: $50,028Expenses 2019: $1,733,745Net Income 2019: -$1,683,7172019Revenue 2020: $70,017Expenses 2020: $9,529Net Income 2020: $60,4882020Revenue 2021: $5,167Expenses 2021: $10,745Net Income 2021: -$5,5782021Revenue 2022: $12,350Expenses 2022: $11,718Net Income 2022: $6322022Revenue 2023: $105,547Expenses 2023: $26,201Net Income 2023: $79,3462023Revenue 2024: $17,038Expenses 2024: $18,172Net Income 2024: -$1,1342024Revenue 2025: $11,903Expenses 2025: $21,376Net Income 2025: -$9,4732025

Highlighted filing

2015

Revenue$426,762
Expenses$91,616
Net Income$335,146
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 12, 2016
Return Version
2014v6.0
Gross Receipts
$437,089
Mission and Program Overview

Mission

Involved in creating and placemaking and property redevelopment projects - through economic development, art, culture, innovation and preservation - that drives community and economic investment to fully realize the vision of historic downtown wilson nc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$968,504$1,410,996▲ $442,492
Cash and Non-Interest-Bearing Accounts$298,210$228,033▼ $70,177
Accounts Receivable$57,500$17,500▼ $40,000
Savings and Temporary Cash Investments$992$224▼ $768
Total Assets$1,325,206$1,656,753▲ $331,547
Liabilities
Mortgage Notes Payable Secured by Investment Property$96,629$126,395▲ $29,766
Deferred Revenue$44,919$14,254▼ $30,665
Other Liabilities$2,700--
Total Liabilities$144,248$140,649▼ $3,599
Net Assets / Fund Balance
Unrestricted Net Assets$1,180,958$1,516,104▲ $335,146
Total Net Assets Fund Balance$1,180,958$1,516,104▲ $335,146
Total Liabilities and Net Assets / Fund Balance$1,325,206$1,656,753▲ $331,547

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,410,996-$1,410,996
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tom CorbettPresident
Denise StinagleDirector
Edward FulfordDirector
Henry Walston IvDirector
Jack Wiggins IiiDirector
Jay HoodDirector
Ken HillDirector
Kim HandsDirector
Steve WilliamsDirector
Willie WilliamsDirector
Eliot SmithSecretary
Frank KiddTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$395,928
Program Service Revenue
$0
Investment Income
$30,834
Other Revenue
$0
All Other Contributions
$282,928
Change in Net Assets
$335,146
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$91,616
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
Interest-$3,717-$3,717
Insurance$2,999--$2,999
Other Expenses$2,933$555-$555
All Other Expenses-$413-$413
Fees for Services Accounting-$313-$313
Office Expenses-$35-$35
Total Functional Expenses$86,583$5,033$0$91,616
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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

Governance Explanations

Form 990, Page 6, Part VI, Line 9

Tom corbett 3000 nash st n wilson, nc 27896 henry walston iv po box 1207 wilson, nc 27894 frank kidd 3209 queensferry dr wilson, nc 27893 denise stinagle po box 1728 wilson, nc 27894 eliot smith po box 2848 wilson, nc 27894 ken hill 2315 airport blvd ste b wilson, nc 27896 steve williams 206 tarboro st s wilson, nc 27893 willie williams 4603 st georges dr wilson, nc 27896 jay hood po box 2703 wilson, nc 27894 kim hands po box 10 wilson, nc 27894 edward fulford 201 lodge st s wilson, nc 27893 jack wiggins iii po box 1369 wilson, nc 27894

Form 990, Page 6, Part VI, Line 11B

The president and secretary review a hard copy of the return, and approve its filing after that review.

Form 990, Page 6, Part VI, Line 19

Any citizen may request a copy of the return, and the executive director will provide them with a copy.

Filing and Contact Details

Filer

Filer Name
Wilson Downtown Properties Inc
EIN
56-2253512
Phone
2522935306
Address
PO BOX 10, WILSON, NC 27894-0010

Signing Officer

Name
Frank Kidd
Title
Treasurer
Phone
2522935306
Signed
2016-01-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Corbett
Formed
1996
Legal Domicile
Nc
Voting Board Members
12
Independent Board Members
12
Employees
0

Preparer

Firm
Anthony & Tabb Pa
Address
2536 WARD BOULEVARD, WILSON, NC 27893-1649
Preparer
John C Anthony Jr CPA
Phone
2522370784
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Involved in creating and placemaking and property redevelopment projects - through economic development, art, culture, innovation and preservation - that drives community and economic investment to fully realize the vision of historic downtown wilson nc.

Raw XML Appendix376 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/AccountsReceivableGrp/BOYAmt057500
IRS990/AccountsReceivableGrp/EOYAmt017500
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0INVOLVED IN CREATING AND PLACEMAKING AND PROPERTY REDEVELOPMENT PROJECTS - THROUGH ECONOMIC DEVELOPMENT, ART, CULTURE, INNOVATION AND PRESERVATION - THAT DRIVES COMMUNITY AND ECONOMIC INVESTMENT TO FULLY REALIZE THE VISION OF HISTORIC DOWNTOWN WILSON NC.
IRS990/AllOtherContributionsAmt0282928
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0413
IRS990/AllOtherExpensesGrp/TotalAmt0413
IRS990/BooksInCareOfDetail/PersonNm0FRANK KIDD
IRS990/BooksInCareOfDetail/PhoneNum02522919784
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0112 N GOLDSBORO ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0WILSON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027893
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0298210
IRS990/CashNonInterestBearingGrp/EOYAmt0228033
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0true
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0395928
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt030834
IRS990/CYOtherExpensesAmt091616
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0335146
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt091616
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0426762
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt044919
IRS990/DeferredRevenueGrp/EOYAmt014254
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0ACQUIRING AND RENOVATING PROPERTIES IN DOWNTOWN WILSON, NC
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt046935
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0313
IRS990/FeesForServicesAccountingGrp/TotalAmt0313
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt24.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt44.00
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/AverageHoursPerWeekRt111.00
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/IndividualTrusteeOrDirectorInd11X
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/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0TOM CORBETT
IRS990/Form990PartVIISectionAGrp/PersonNm1HENRY WALSTON IV
IRS990/Form990PartVIISectionAGrp/PersonNm2FRANK KIDD
IRS990/Form990PartVIISectionAGrp/PersonNm3DENISE STINAGLE
IRS990/Form990PartVIISectionAGrp/PersonNm4ELIOT SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm5KEN HILL
IRS990/Form990PartVIISectionAGrp/PersonNm6STEVE WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm7WILLIE WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm8JAY HOOD
IRS990/Form990PartVIISectionAGrp/PersonNm9KIM HANDS
IRS990/Form990PartVIISectionAGrp/PersonNm10EDWARD FULFORD
IRS990/Form990PartVIISectionAGrp/PersonNm11JACK WIGGINS III
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/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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt030797
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt0113000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt041124
IRS990/GrossReceiptsAmt0437089
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt012
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt02999
IRS990/InsuranceGrp/TotalAmt02999
IRS990/InterestGrp/ManagementAndGeneralAmt03717
IRS990/InterestGrp/TotalAmt03717
IRS990/InvestmentIncomeGrp/ExclusionAmt036
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt037
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0968504
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01410996
IRS990/LandBldgEquipCostOrOtherBssAmt01410996
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt010327
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0INVOLVED IN CREATING AND PLACEMAKING AND PROPERTY REDEVELOPMENT PROJECTS - THROUGH ECONOMIC DEVELOPMENT, ART, CULTURE, INNOVATION AND PRESERVATION - THAT DRIVES COMMUNITY AND ECONOMIC INVESTMENT TO FULLY REALIZE THE VISION OF HISTORIC DOWNTOWN WILSON NC.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt096629
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0126395
IRS990/NetAssetsOrFundBalancesBOYAmt01180958
IRS990/NetAssetsOrFundBalancesEOYAmt01516104
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt030797
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt030797
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0132
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt035
IRS990/OfficeExpensesGrp/TotalAmt035
IRS990/OfficerMailingAddressInd0true
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0EYES ON MAIN STREET EXPEN
IRS990/OtherExpensesGrp/Desc1WHIRLIGIG PRESERVATION EX
IRS990/OtherExpensesGrp/Desc2MISC EXPENSES
IRS990/OtherExpensesGrp/Desc3PROPERTY TAXES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0555
IRS990/OtherExpensesGrp/ProgramServicesAmt041003
IRS990/OtherExpensesGrp/ProgramServicesAmt139648
IRS990/OtherExpensesGrp/ProgramServicesAmt22933
IRS990/OtherExpensesGrp/TotalAmt041003
IRS990/OtherExpensesGrp/TotalAmt139648
IRS990/OtherExpensesGrp/TotalAmt22933
IRS990/OtherExpensesGrp/TotalAmt3555
IRS990/OtherLiabilitiesGrp/BOYAmt02700
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0TOM CORBETT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0PROCURE AND PRESERVE LOCAL WHIRLIGIG COLLECTION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt039648
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0343481
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt037021
IRS990/PYOtherExpensesAmt066397
IRS990/PYRevenuesLessExpensesAmt0314105
IRS990/PYTotalExpensesAmt066397
IRS990/PYTotalRevenueAmt0380502
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0335146
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0992
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0224
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0395928
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0343481
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0276849
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0149190
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0453216
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01618664
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt022
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt025
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01618664
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0395928
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0343481
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0276849
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0149190
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0453216
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01618664
IRS990ScheduleA/TotalSupportAmt01618689
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt0994163
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/RevenuesIncludedAmt0345851
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01410996
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01410996
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01410996
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INVOLVED IN CREATING AND PLACEMAKING AND PROPERTY REDEVELOPMENT PROJECTS - THROUGH ECONOMIC DEVELOPMENT, ART, CULTURE, INNOVATION AND PRESERVATION - THAT DRIVES COMMUNITY AND ECONOMIC INVESTMENT TO FULLY REALIZE THE VISION OF HISTORIC DOWNTOWN WILSON NC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TOM CORBETT 3000 NASH ST N WILSON, NC 27896 HENRY WALSTON IV PO BOX 1207 WILSON, NC 27894 FRANK KIDD 3209 QUEENSFERRY DR WILSON, NC 27893 DENISE STINAGLE PO BOX 1728 WILSON, NC 27894 ELIOT SMITH PO BOX 2848 WILSON, NC 27894 KEN HILL 2315 AIRPORT BLVD STE B WILSON, NC 27896 STEVE WILLIAMS 206 TARBORO ST S WILSON, NC 27893 WILLIE WILLIAMS 4603 ST GEORGES DR WILSON, NC 27896 JAY HOOD PO BOX 2703 WILSON, NC 27894 KIM HANDS PO BOX 10 WILSON, NC 27894 EDWARD FULFORD 201 LODGE ST S WILSON, NC 27893 JACK WIGGINS III PO BOX 1369 WILSON, NC 27894
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PRESIDENT AND SECRETARY REVIEW A HARD COPY OF THE RETURN, AND APPROVE ITS FILING AFTER THAT REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANY CITIZEN MAY REQUEST A COPY OF THE RETURN, AND THE EXECUTIVE DIRECTOR WILL PROVIDE THEM WITH A COPY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01325206
IRS990/TotalAssetsEOYAmt01656753
IRS990/TotalAssetsGrp/BOYAmt01325206
IRS990/TotalAssetsGrp/EOYAmt01656753
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0395928
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05033
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt086583
IRS990/TotalFunctionalExpensesGrp/TotalAmt091616
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0144248
IRS990/TotalLiabilitiesEOYAmt0140649
IRS990/TotalLiabilitiesGrp/BOYAmt0144248
IRS990/TotalLiabilitiesGrp/EOYAmt0140649
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01180958
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01516104
IRS990/TotalProgramServiceExpensesAmt086583
IRS990/TotalRevenueGrp/ExclusionAmt036
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt030798
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0426762
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01325206
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01656753
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01180958
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01516104
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 7576
IRS990/USAddress/CityNm0WILSON
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027895
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FRANK KIDD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02522935306
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WILSON DOWNTOWN PROPERTIES INC
ReturnHeader/Filer/BusinessNameControlTxt0WILS
ReturnHeader/Filer/EIN0562253512
ReturnHeader/Filer/PhoneNum02522935306
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 10
ReturnHeader/Filer/USAddress/CityNm0WILSON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd0278940010
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561717557
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ANTHONY & TABB PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02536 WARD BOULEVARD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WILSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0278931649
ReturnHeader/PreparerPersonGrp/PhoneNum02522370784
ReturnHeader/PreparerPersonGrp/PreparationDt02016-01-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN C ANTHONY JR CPA
ReturnHeader/ReturnTs02016-01-13T10:15:57-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.00$0.27$0.01$0.02$0.01
2024Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$0.02$0.02$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$0.11$0.03$0.08
2022Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.01$0.01$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.00$0.20$0.01$0.01$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.07$0.01$0.06
2019Summary only. Only limited summary data is available for this year.$0.24$0.09$0.15$0.05$1.73$1.68
2018Summary only. Only limited summary data is available for this year.$1.95$0.12$1.83$0.14$0.21$0.07
2017Summary only. Only limited summary data is available for this year.$2.13$0.23$1.91$0.53$0.02$0.51
2016Detailed filing. Detailed filing data is available for this year.$1.58$0.18$1.40$0.05$0.17$0.12
2015Detailed filing. Detailed filing data is available for this year.$1.66$0.14$1.52$0.43$0.09$0.34
2014Detailed filing. Detailed filing data is available for this year.$1.33$0.14$1.18$0.38$0.07$0.31
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.05$0.87$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$0.05$0.60$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.09$0.46$0.00