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Filing year 2024

DOWNTOWN DEVELOPMENT CORPORATION

Louisville, Kentucky·EIN 31-0992627·NTEE S31Z · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$1.9M
Total assets
$2.7M
Total expenses
$1.9M
Reported officers
43
Mission

THE LOUISVILLE DOWNTOWN DEVELOPMENT CORPORATION(DDC) IS A PRIVATE, NON PROFIT 501(C)(3) ORGANIZATION DEDICATED TO THE LONG TERM ECONOMIC HEALTH OF DOWNTOWN LOUISVILLE AND REPRESENTS THE COMMUNITY'S CIVIC AND BUSINESS LEADERSHIP. SINCE 1988, DDC HAS PLAYED A CRUCIAL ROLE IN BRINGING TOGETHER BOTH THE PUBLIC AND PRIVATE SECTORS AS PARTNERS IN DOWNTOWN LOUISVILLE'S REDEVELOPMENT AND LONG TERM PLANNING, WITH DDC SERVING AS THE LEAD ENTITY IN THE DEVELOPMENT AND IMPLEMENTATION OF THE DOWNTOWN MASTER PLAN.

Reported officers (all unpaid)

No paid executives reported in 2024. DOWNTOWN DEVELOPMENT CORPORATION reported 43 unpaid officers and board members on its 990.

Executive Director
Director
Ex-officio
Ex-officio
Ex-officio
Director
Ex-officio
Director
Director
Ex-officio
Ex-officio
Director
Director
Ex-officio
Director
Ex-officio
Director
Director
Director
Director
Director
Director
Director
Director
Ex-officio
Ex-officio
Director
Director
Director, Resigned 2.26.24
Director
Ex-officio, Resigned 9.25.24
Director
Director
Ex-officio, Resigned 6.30.24
Director
Director
Director
Chairman
Vice Chair/chair Elect
Vice Chair
Secretary
Treasurer
Director
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at DOWNTOWN DEVELOPMENT CORPORATION equaled 7% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
7%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Financial trend

Revenue and expenses over time

DOWNTOWN DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.9M
$2M
2023
$1.9M
$1.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in Kentucky

DOWNTOWN DEVELOPMENT CORPORATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization in Kentucky earns a median of $65,000.

25th percentile
$27k
Median
$65,000
75th percentile
$120k
90th percentile
$188k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 120 organizations across 120 filings (2022 – 2024).

See full Community Improvement & Capacity Building pay data for Kentucky

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FAQ

Common questions about DOWNTOWN DEVELOPMENT CORPORATION

What are DOWNTOWN DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, DOWNTOWN DEVELOPMENT CORPORATION reported $1.9M in total revenue and $1.9M in total expenses on its IRS Form 990.

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