Civic Intelligence

Jackson Downtown Development Corporation

990EZ • Fiscal year 2020 • EIN 62-1383207

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 21, 2021

Organization ProfileWWW.DOWNTOWNJACKSON.COM
314 E Main St Ste 303Jackson, TN 38301-6226

(731) 935-9589

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$72,617

Down $23,216 (-24%) from 2019

Net Assets

Down

$69,467

Down $22,378 (-24%) from 2019

Liabilities

Down

$3,150

Down $838 (-21%) from 2019

Revenue And Expenses

Revenue

Down

$87,502

Down $39,458 (-31%) from 2019

Expenses

Down

$109,879

Down $26,217 (-19%) from 2019

Net Income

Down

-$22,377

Down $13,241 (-145%) from 2019

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2010: $86,439Liabilities 2010: $3,857Net Assets 2010: $82,5822010Assets 2011: $76,203Liabilities 2011: $487Net Assets 2011: $75,7162011Assets 2012: $66,686Liabilities 2012: $2,881Net Assets 2012: $63,8052012Assets 2013: $55,560Liabilities 2013: $6,685Net Assets 2013: $48,8752013Assets 2014: $80,467Liabilities 2014: $4,700Net Assets 2014: $75,7672014Assets 2015: $77,647Liabilities 2015: $4,339Net Assets 2015: $73,3082015Assets 2016: $62,070Liabilities 2016: $1,206Net Assets 2016: $60,8642016Assets 2017: $95,304Liabilities 2017: $1,488Net Assets 2017: $93,8162017Assets 2018: $101,851Liabilities 2018: $870Net Assets 2018: $100,9812018Assets 2019: $95,833Liabilities 2019: $3,988Net Assets 2019: $91,8452019Assets 2020: $72,617Liabilities 2020: $3,150Net Assets 2020: $69,4672020Assets 2021: $44,948Liabilities 2021: $258Net Assets 2021: $44,6902021Assets 2022: $38,746Liabilities 2022: $395Net Assets 2022: $38,3512022Assets 2023: $54,721Net Assets 2023: $52,7572023Assets 2024: $113,445Net Assets 2024: $113,4452024Assets 2025: $172,558Net Assets 2025: $172,5582025

Highlighted filing

2020

Assets$72,617
Liabilities$3,150
Net Assets$69,467
Open 2020 Filing

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $193,061Expenses 2010: $198,722Net Income 2010: -$5,6612010Expenses 2011: $209,5892011Revenue 2012: $218,411Expenses 2012: $230,322Net Income 2012: -$11,9112012Revenue 2013: $228,533Expenses 2013: $243,463Net Income 2013: -$14,9302013Revenue 2014: $196,422Expenses 2014: $193,963Net Income 2014: $2,4592014Revenue 2015: $228,283Expenses 2015: $218,780Net Income 2015: $9,5032015Revenue 2016: $150,982Expenses 2016: $169,051Net Income 2016: -$18,0692016Revenue 2017: $151,669Expenses 2017: $113,617Net Income 2017: $38,0522017Revenue 2018: $131,799Expenses 2018: $124,634Net Income 2018: $7,1652018Revenue 2019: $126,960Expenses 2019: $136,096Net Income 2019: -$9,1362019Revenue 2020: $87,502Expenses 2020: $109,879Net Income 2020: -$22,3772020Revenue 2021: $51,892Expenses 2021: $78,567Net Income 2021: -$26,6752021Revenue 2022: $7,459Expenses 2022: $13,798Net Income 2022: -$6,3392022Revenue 2023: $79,329Expenses 2023: $64,924Net Income 2023: $14,4052023Revenue 2024: $170,784Expenses 2024: $110,591Net Income 2024: $60,1932024Revenue 2025: $186,512Expenses 2025: $127,399Net Income 2025: $59,1132025

Highlighted filing

2020

Revenue$87,502
Expenses$109,879
Net Income-$22,377
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 21, 2021
Return Version
2020v4.0
Gross Receipts
$87,502
Mission and Program Overview

Mission

Downtown economic and community development

Program Services

DescriptionGrantsExpenses
ECONOMIC DEVELOPMENT AND COMMUNITY ENRICHMENT-$93,111
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LEE WILSONPresident-$0--
DEBBIE DUNAWAYSecretary-$0--
MIKI MARTINDirector-$0--
JIM FERRELLDirector-$0--
J V THOMPSONDirector-$0--
DOUG ROTHDirector-$0--
LOGAN HAMPTONDirector-$0--
RANDY MCKINNONDirector-$0--
NILES REDDICKDirector-$0--
RUSSELL COOKTreasurer-$0--
BRIAN JAMESDirector-$0--
ROBERT GRIFFITHInterim ExecFT$0--
Filing and Contact Details

Filer

Filer Name
Jackson Downtown Development
EIN
62-1383207
Phone
7319359589
Address
314 E MAIN ST STE 303, JACKSON, TN 38301-6226

Signing Officer

Name
Robert Griffith
Title
Interim Exec Director
Phone
7319359589
Signed
2021-09-21

Preparer

Firm
Cowart Reese Sargent Cpas
Address
64 LYNOAK COVE, JACKSON, TN 38305-2800
Preparer
Beth Paschall CPA
Phone
7316681806
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“Miscellaneous income 953 total 953”

Form 990-ez, Part I, Line 16

“Expenses advertising 1,575 promotion/events 200 4,566 insurance 3,621 membership development 75 taxes 202 meals 86 projects 2,868 program expense 1,752 dues 150 miscellaneous 668 non-investment depreciation 2,696 total 18,459”

Form 990-ez, Part II, Line 24

“Accounts receivable 30,895 17,250 prepaid expenses and deferred charges 500 1,093 51,490 51,490 less accumulated depreciation 39,342 42,038 total 43,543 27,795”

Form 990-ez, Part II, Line 26

“Payroll taxes payable 3,988 3,150”

Raw XML Appendix189 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LEE WILSON
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4J V THOMPSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5DOUG ROTH
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7RANDY MCKINNON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8NILES REDDICK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9RUSSELL COOK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10BRIAN JAMES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11ROBERT GRIFFITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DIRECTOR
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0552847
IRS990ScheduleA/TotalSupportAmt0552980
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISCELLANEOUS INCOME 953 TOTAL 953
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 1,575 PROMOTION/EVENTS 200 4,566 INSURANCE 3,621 MEMBERSHIP DEVELOPMENT 75 TAXES 202 MEALS 86 PROJECTS 2,868 PROGRAM EXPENSE 1,752 DUES 150 MISCELLANEOUS 668 NON-INVESTMENT DEPRECIATION 2,696 TOTAL 18,459
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 30,895 17,250 PREPAID EXPENSES AND DEFERRED CHARGES 500 1,093 51,490 51,490 LESS ACCUMULATED DEPRECIATION 39,342 42,038 TOTAL 43,543 27,795
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PAYROLL TAXES PAYABLE 3,988 3,150
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT GRIFFITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0INTERIM EXEC DIR
ReturnHeader/BusinessOfficerGrp/PhoneNum07319359589
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-09-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0JACKSON DOWNTOWN DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0JACK
ReturnHeader/Filer/EIN0621383207
ReturnHeader/Filer/PhoneNum07319359589
ReturnHeader/Filer/USAddress/AddressLine1Txt0314 E MAIN ST STE 303
ReturnHeader/Filer/USAddress/CityNm0JACKSON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd0383016226
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0273218230
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COWART REESE SARGENT CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt064 LYNOAK COVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JACKSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0383052800
ReturnHeader/PreparerPersonGrp/PhoneNum07316681806
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BETH PASCHALL CPA
ReturnHeader/ReturnTs02021-10-23T21:56:34-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ROBERT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GRIFFIN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$72,617
Liabilities
$3,150
Net assets
$69,467
Revenue
$87,502
Expenses
$109,879
Net income
-$22,377
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.73$1.73$1.87$1.27$0.59
2024Detailed filing. Detailed filing data is available for this year.$1.13$1.13$1.71$1.11$0.60
2023Detailed filing. Detailed filing data is available for this year.$0.55$0.53$0.79$0.65$0.14
2022Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.38$0.07$0.14$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$0.52$0.79$0.27
2020Detailed filing. Detailed filing data is available for this year.$0.73$0.03$0.69$0.88$1.10$0.22
2019Detailed filing. Detailed filing data is available for this year.$0.96$0.04$0.92$1.27$1.36$0.09
2018Detailed filing. Detailed filing data is available for this year.$1.02$0.01$1.01$1.32$1.25$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.95$0.01$0.94$1.52$1.14$0.38
2016Detailed filing. Detailed filing data is available for this year.$0.62$0.01$0.61$1.51$1.69$0.18
2015Summary only. Only limited summary data is available for this year.$0.78$0.04$0.73$2.28$2.19$0.10
2014Summary only. Only limited summary data is available for this year.$0.80$0.05$0.76$1.96$1.94$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.56$0.07$0.49$2.29$2.43$0.15
2012Summary only. Only limited summary data is available for this year.$0.67$0.03$0.64$2.18$2.30$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.00$0.76$2.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.04$0.83$1.93$1.99$0.06