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Downtown Kannapolis Inc

  • Kannapolis, NC
  • Tax-exempt since June 2012
  • EIN: 45-3230743

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Category: Community Improvement, Capacity Building / Promotion of Business (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$14 (2024)

Expenses
$825 (2024)

Total Assets
$28.2k (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2012 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$14
Expenses
$825
Net Income
-$811
Net Assets
$28,195
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $14
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $28,195
Total Liabilities $0
Net Assets $28,195
Compensation
Key Employees and Officers Compensation Other
Kim Jackson (Treasurer) $0 $0
Carrie York (Secretary) $0 $0
Caleb Falls (President) $0 $0
Donna Taylor (Vice President) $0 $0
Stacy Rodgers (Member) $0 $0
Susan Mcrae (Member) $0 $0
Stormi Holder (Member) $0 $0
Dionna Milem (Member) $0 $0
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Document Links

990-EZ
Filed on July 31, 2024

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$13
Expenses
$150
Net Income
-$137
Net Assets
$29,006
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $13
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $29,006
Total Liabilities $0
Net Assets $29,006
Compensation
Key Employees and Officers Compensation Other
Ann Brackett (Treasurer) $0 $0
Eric Dearmon (Secretary) $0 $0
Kenneth Rodell (President) $0 $0

Document Links

990-EZ
Filed on March 7, 2024

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$14
Expenses
$100
Net Income
-$86
Net Assets
$29,143
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $14
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $29,143
Total Liabilities $0
Net Assets $29,143
Compensation
Key Employees and Officers Compensation Other
Ann Brackett (Treasurer) $0 $0
Eric Dearmon (Secretary) $0 $0
Kenneth Rodell (President) $0 $0

Document Links

990-EZ
Filed on Sept. 21, 2022

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$15
Expenses
$100
Net Income
-$85
Net Assets
$29,229
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $15
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $29,229
Total Liabilities $0
Net Assets $29,229

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$14
Expenses
$100
Net Income
-$86
Net Assets
$29,314
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $14
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $29,314
Total Liabilities $0
Net Assets $29,314

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$13
Expenses
$100
Net Income
-$87
Net Assets
$29,400
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $13
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $29,400
Total Liabilities $0
Net Assets $29,400

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$14
Expenses
$1,470
Net Income
-$1,456
Net Assets
$29,487
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $14
100%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $29,487
Total Liabilities $0
Net Assets $29,487

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$113
Expenses
$4,332
Net Income
-$4,219
Net Assets
$30,943
Notable Sources of Revenue Percent of Total Revenue
Contributions $100
88.5%
Program Services $0
Investment Income $15
13.3%
Net Fundraising -$2
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $30,943
Total Liabilities $0
Net Assets $30,943

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$6,965
Expenses
$16,947
Net Income
-$9,982
Net Assets
$35,162
Notable Sources of Revenue Percent of Total Revenue
Contributions $20
0.3%
Program Services $0
Investment Income $13
0.2%
Net Fundraising $5,716
82.1%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $35,162
Total Liabilities $0
Net Assets $35,162

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$26,978
Expenses
$14,080
Net Income
$12,898
Net Assets
$45,144
Notable Sources of Revenue Percent of Total Revenue
Contributions $22,618
83.8%
Program Services $0
Investment Income $1
0.0%
Net Fundraising $4,309
16.0%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $50
0.2%
Assets/Debt
Total Assets $45,144
Total Liabilities $0
Net Assets $45,144

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending July
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$16,630
Expenses
$1,671
Net Income
$14,959
Net Assets
$32,246
Notable Sources of Revenue Percent of Total Revenue
Contributions $13,922
83.7%
Program Services $0
Investment Income $0
Net Fundraising $2,562
15.4%
Sales of Assets $0
Net Inventory Sales $146
0.9%
Other Revenue $0
Assets/Debt
Total Assets $32,246
Total Liabilities $0
Net Assets $32,246
Compensation
Key Employees and Officers Compensation Other
Eric Dearmon (President) $0 $0
Grant Rader (Treasurer) $0 $0
Dr Eric Atkinson (Secretary) $0 $0
David Miller (Director) $0 $0
William Cranford (Director) $0 $0
Jeremy Tutt (Director) $0 $0
Scott Sandusky (Director) $0 $0
Gary Walter (Director) $0 $0
Phyllis Beaver (Director) $0 $0
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Document Links

990-EZ
Filed on Dec. 8, 2014

Short form tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending July
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$17,311
Expenses
$2,001
Net Income
$15,310
Net Assets
$17,287
Notable Sources of Revenue Percent of Total Revenue
Contributions $977
5.6%
Program Services $0
Investment Income $0
Net Fundraising $15,229
88.0%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $17,287
Total Liabilities $0
Net Assets $17,287

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2012

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$6,168
Expenses
$4,191
Net Income
$1,977
Net Assets
$1,977
Notable Sources of Revenue Percent of Total Revenue
Contributions $102
1.7%
Program Services $0
Investment Income $0
Net Fundraising $5,091
82.5%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $1,977
Total Liabilities $0
Net Assets $1,977

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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