2025-05-15T09:59:24-05:00 2023-06-30 561333355 LEEPER KEAN AND RUMLEY LLP 3623 N ELM ST STE 100 GREENSBORO NC 27455 990 2022-07-01 562242416 DOWNTOWN GREENSBORO FOUNDATION DOWN 3363790060 532 SOUTH ELM STREET GREENSBORO NC 27406 ZACK MATHENY PRESIDENT & CEO 3363790060 2025-05-13 1 0 MARTIN W DURRENCE P01226384 3362743700 2025-05-13 2022 2025-03-06 01:10:19Z X ZACK MATHENY 532 SOUTH ELM STREET GREENSBORO NC 27406 1064376 0 X N/A X 2000 NC SUPPORTS THE EDUCATIONAL, HISTORICAL PRESERVATION AND OTHER EXEMPT PUBLIC EFFORTS OF DOWNTOWN GREENSBORO, INC. 20 20 0 0 170837 0 445207 805879 117623 253934 1115 4563 0 0 563945 1064376 438493 331980 0 0 0 0 0 0 0 133188 221561 571681 553541 -7736 510835 712585 983419 481575 241574 231010 741845 X SUPPORTS THE EDUCATIONAL, HISTORICAL PRESERVATION AND OTHER EXEMPT PUBLIC EFFORTS OF DOWNTOWN GREENSBORO, INC. WHICH IS A NONPROFIT ECONOMIC DEVELOPMENT ORGANIZATION FORMED TO PROMOTE AND STIMULATE NEW INVESTMENT AND INTEREST IN THE CENTER CITY AREA OF GREENSBORO, NORTH CAROLINA. 0 0 331980 331980 3320 DGI GRANTS PROGRAM - PROVIDING THE COMMUNITY WITH VARIOUS SERVICE PROJECTS. 133032 0 170837 ICE RINK - PROVIDING THE COMMUNITY WITH ICE RINK OPERATIONS AS PART OF PIEDMONT WINTERFEST, A COMMUNITY CULTURAL FESTIVAL DURING THE HOLIDAY SEASON. 24939 0 14475 HOLIDAY PARADE - PROVIDING THE COMMUNITY WITH A HOLIDAY PARADE AS PART OF PIEDMONT WINTERFEST, A COMMUNITY CULTURAL FESTIVAL DURING THE HOLIDAY SEASON. 41771 0 24480 BEACH MUSIC FESTIVALS 8142 0 0 TINSEL TOWN 2842 0 3480 JINGLE JOG 0 0 34517 FUN FOURTH FESTIVAL 0 0 2825 FESTIVAL OF LIGHTS 52755 0 65302 542706 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X ZACK MATHENY 3363790060 532 SOUTH ELM STREET GREENSBORO NC 27406 X ZACK MATHENY PRESIDENT & CEO 2.00 40.00 X X 0 188956 0 ANDY ZIMMERMAN BOARD CHAIRMAN 1.00 1.00 X X 0 0 0 TRACEY MYERS BOARD PAST CHAIR 1.00 1.00 X X 0 0 0 ADRIAN SMITH BOARD TREASURER 1.00 1.00 X X 0 0 0 MARK PRINCE BOARD EXECUTIVE COMMITTEE 1.00 1.00 X 0 0 0 MARSH PRAUSE BOARD EXECUTIVE COMMITTEE 1.00 1.00 X 0 0 0 MARK BRAZIL BOARD EXECUTIVE COMMITTEE 1.00 1.00 X 0 0 0 TAIWO JAIYEABA EX OFFICIO 1.00 1.00 X 0 0 0 DANNY GATLING BOARD MEMBER 1.00 1.00 X 0 0 0 GINA HICKS BOARD MEMBER 1.00 1.00 X 0 0 0 DAMION MOORE BOARD MEMBER 1.00 1.00 X 0 0 0 LONNIE COCKERHAM BOARD MEMBER 1.00 1.00 X 0 0 0 MELISSA GREER BOARD MEMBER 1.00 1.00 X 0 0 0 SERAJ PATEL BOARD MEMBER 1.00 1.00 X 0 0 0 CHRIS WALDECK BOARD MEMBER 1.00 1.00 X 0 0 0 SEAN REAVES BOARD MEMBER 1.00 1.00 X 0 0 0 KRISTINA FULLER BOARD MEMBER 1.00 1.00 X 0 0 0 STU NICHOLS BOARD MEMBER 1.00 1.00 X 0 0 0 KIMBERLY OSBOURNE BOARD MEMBER 1.00 1.00 X 0 0 0 LORI POAG BOARD MEMBER 1.00 1.00 X 0 0 0 LEIGH WILLIAMS BOARD MEMBER 1.00 1.00 X 0 0 0 SKIP ALSTON BOARD MEMBER 1.00 1.00 X 0 0 0 MICHAEL HALFORD BOARD MEMBER 1.00 1.00 X 0 0 0 JOY ROSS CFO 2.00 36.00 X 0 73252 0 0 262208 0 0 0 1 0 0 X 425884 10000 369995 805879 ICE RINK TICKET SALES 713990 170837 170837 REGISTRATION/ENTRY FEE 713990 29330 29330 VENDOR FEES 713990 25807 25807 BEACH MUSIC 713990 24480 24480 HOLIDAY PARADE REVENUE 713990 3480 3480 253934 4563 4563 1064376 83097 170837 4563 331980 331980 21171 21171 5000 5000 39113 39113 2825 2825 1033 1033 143145 143145 9274 4472 4802 553541 542706 10835 0 X 406622 188822 250327 254430 43559 111479 559968 131280 12077 428688 712585 983419 466895 222080 14680 19494 481575 241574 X 118306 154065 112704 587780 231010 741845 712585 983419 510835 0 X 0 1 X 1 0 X X X 1 DOWNTOWN GREENSBORO INC 562011549 7 1 331980 0 1 331980 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 559968 131280 428688 428688 X 1064376 0 1064376 0 1064376 553541 0 553541 0 553541 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY OR ASSET IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF JUNE 30, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR ASSET OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS NOT CURRENTLY UNDER EXAMINATION FOR ANY TAX PERIODS. THE ORGANIZATION, BY EXPIRATION OF THE STATUTE OF LIMITATIONS, IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR THE FISCAL YEARS ENDING JUNE 30, 2019 AND EARLIER. 1 DOWNTOWN GREENSBORO INC 536 SOUTH ELM STREET GREENSBORO NC 27406 562011549 501(C)(6) 331980 0 PROGRAM AND EVENT COORDINATION 0 1 0 0 0 0 0 0 0 0 0 ZACK MATHENY PRESIDENT & CEO 0 188956 0 0 0 0 0 0 0 0 0 188956 0 0 FORM 990, PART III, LINES 4(B) & 4(D) FORM 990, PART III, LINES 4(B) & 4(D) ARE BEING AMENDED AS A RESULT OF CHANGES TO FORM 990, PART VIII, TO INCLUDE PROGRAM REVENUES FOR BEACH MUSIC AND JINGLE JOG AS WELL AS TO INCLUDE THE PROGRAM REVENUES FROM THE ICE RINK. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND THEN APPROVED BY THE EXECUTIVE COMMITTEE AND THEN FINALLY APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C IF A BOARD MEMBER HAS A CONFLICT OF INTEREST THEY MUST ABSTAIN FROM VOTING ON AN ITEM FOR WHICH THEY HAVE A VESTED INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS TAX RETURNS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A FORM 990, PART VII, SECTION A IS BEING AMENDED TO REMOVE A PREVIOUSLY LISTED BOARD MEMBER WHO DID NOT ATTEND OR PARTICIPATE IN BOARD MEETINGS AND TO CHANGE A BOARD MEMBER TO EX OFFICIO WITH NO VOTING RIGHTS. FORM 990, PART VIII, LINES 1(F) & 2(D)&(E) FORM 990, PART VIII, LINE 1(F) AND FORM 990, PART VIII, LINE 2(D)&(E) ARE BEING AMENDED TO RECLASSIFY PROGRAM REVENUES FOR BEACH MUSIC EVENT AND JINGLE JOG EVENT. FORM 990, PART X, LINES 1 & 2 FORM 990 PART X, LINES 1 & 2 ARE BEING AMENDED TO SEPERATELY REPORT NON-INTEREST BEARING CASH AND SAVINGS AND TEMPORARY CASH INVESTMENTS. DOWNTOWN GREENSBORO INC 532 SOUTH ELM STREET GREENSBORO NC 27406 562011549 ECONOMIC DEVELOPMENT NC 501(C)(6) N/A N/A 0 DOWNTOWN GREENSBORO IMPROVEMENT CORP 532 SOUTH ELM STREET GREENSBORO NC 27406 202675071 ECONOMIC DEVELOPMENT NC 501(C)(4) N/A DOWNTOWN GREENSBORO INC 1 0 1 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 DOWNTOWN GREENSBORO INC B 331980 DOWNTOWN GREENSBORO INC C 425884