INTERNATIONAL DOWNTOWN ASSOCIATION

EIN: 381817974

WASHINGTON, DC

Total Revenue
$3,452,873
Total Expenses
$3,070,111
Total Assets
$2,918,780
Net Assets
$1,897,932
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1954
Legal Domicile
IL
Principal Officer
DAVID DOWNEY
Phone
2023936801
Tax Period
2024-01-01 to 2024-12-31

INTERNATIONAL DOWNTOWN ASSOCIATION, founded in 1954, is a community nonprofit that reported $3.5M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $3.1M left a modest 11% surplus.

Mission

TO FURTHER THE IMPROVEMENT OF DOWNTOWNS AND THEIR ADJACENT NEIGHBORHOODS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $154,592
Program Service Revenue $3,248,286
Investment Income $49,995
Other Revenue $0
TOTAL REVENUE $3,452,873

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,532,244
Fundraising Expenses $0
Program Expenses $3,070,111
Other Expenses $1,537,867
TOTAL EXPENSES $3,070,111

Year-over-Year Comparison

2024 2023 Change
Revenue $3,452,873 $3,158,444 +0.1%
Expenses $3,070,111 $2,882,608 +0.1%
Net Income $382,762 $275,836 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
46
Independent Members
46
Employees
13
Volunteers
222

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
9
$355,544
Total Directors
47
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATE BORDERS EXECUTIVE COMMITTEE 1.00
Officer Director
$0 $0 $0
KRISTOPHER LARSON EXECUTIVE COMMITTEE 1.00
Officer Director
$0 $0 $0
NICOLE THOMPSON EXECUTIVE COMMITTEE 1.00
Officer Director
$0 $0 $0
JON SCHOLES EXECUTIVE COMMITTEE 1.00
Officer Director
$0 $0 $0
JENNIFER NAKAYAMA EXECUTIVE COMMITTEE 1.00
Officer Director
$0 $0 $0
KATE FENSKE EXECUTIVE COMMITTEE 1.00
Officer Director
$0 $0 $0
DERRECK HUGHES EXECUTIVE COMMITTEE 1.00
Officer Director
$0 $0 $0
JORDAN POLON EXECUTIVE COMMITTEE 1.00
Officer Director
$0 $0 $0
LEONA AGOURIDIS BOARD MEMBER 1.00
Director
$0 $0 $0
DAWN ALAN BOARD MEMBER 1.00
Director
$0 $0 $0
DAVON BARBOUR BOARD MEMBER 1.00
Director
$0 $0 $0
KIMBERLY BARES BOARD MEMBER 1.00
Director
$0 $0 $0
BJORN BERGMAN BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS BEYNON BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF BRAY BOARD MEMBER 1.00
Director
$0 $0 $0
BETSY BRENNAN BOARD MEMBER 1.00
Director
$0 $0 $0
MARY-CLAIRE BURICK BOARD MEMBER 1.00
Director
$0 $0 $0
GINA CAVALIERE BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL DEEMER BOARD MEMBER 1.00
Director
$0 $0 $0
SHAUN DRINKARD BOARD MEMBER 1.00
Director
$0 $0 $0
TASSO EVANGELINOS BOARD MEMBER 1.00
Director
$0 $0 $0
TINE FUCHS BOARD MEMBER 1.00
Director
$0 $0 $0
KOURTNY GARRETT BOARD MEMBER 1.00
Director
$0 $0 $0
ERIN GOODMAN BOARD MEMBER 1.00
Director
$0 $0 $0
JACOB GORDON BOARD MEMBER 1.00
Director
$0 $0 $0
TAICHI GOTO BOARD MEMBER 1.00
Director
$0 $0 $0
JOE GUDENRATH BOARD MEMBER 1.00
Director
$0 $0 $0
PREMA GUPTA BOARD MEMBER 1.00
Director
$0 $0 $0
SUZANNE HOLLEY BOARD MEMBER 1.00
Director
$0 $0 $0
GARY HOLMES BOARD MEMBER 1.00
Director
$0 $0 $0
JASON ILSTRUP BOARD MEMBER 1.00
Director
$0 $0 $0
TENEKA JAMES-FEAMAN BOARD MEMBER 1.00
Director
$0 $0 $0
TIM KELLY BOARD MEMBER 1.00
Director
$0 $0 $0
TIM KOCUR BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN KURTZ BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL MACKINNON BOARD MEMBER 1.00
Director
$0 $0 $0
NOLAN MARSHALL BOARD MEMBER 1.00
Director
$0 $0 $0
OJAY MCDONALD BOARD MEMBER 1.00
Director
$0 $0 $0
KATHRYN MCKISSICK BOARD MEMBER 1.00
Director
$0 $0 $0
ANTHONY MCMILLAN BOARD MEMBER 1.00
Director
$0 $0 $0
JENELL MOFFETT BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL NICHOLS BOARD MEMBER 1.00
Director
$0 $0 $0
ISHMAEL NUNEZ BOARD MEMBER 1.00
Director
$0 $0 $0
LAURA SIMON BOARD MEMBER 1.00
Director
$0 $0 $0
JOE SPENCER BOARD MEMBER 1.00
Director
$0 $0 $0
ALEXANDER STETTINSKI BOARD MEMBER 1.00
Director
$0 $0 $0
SHELONDA STOKES BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID DOWNEY PRESIDENT/CEO 45.00
Officer
$317,154 $38,390 $355,544
ALLISON SHASHOK VP OF MEMBERSHIP 45.00
Highest
$139,051 $9,052 $148,103
CAROLYN DELLUTRI DIRECTOR OF PROFESSIONAL D 45.00
Highest
$115,000 $14,451 $129,451
TRACIE CLEMMER DIRECTOR OF CORPORATE RELA 45.00
Highest
$116,401 $5,820 $122,221
CATHERINE LIN DIRECTOR OF RESEARCH 45.00
Highest
$111,601 $17,627 $129,228
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $3,452,873 $3,070,111 $2,918,780 $382,762
2023 $3,158,444 $2,882,608 $2,454,114 $275,836
2022 $2,596,803 $2,386,304 $2,112,830 $210,499
2021 $1,894,631 $1,790,847 $1,968,461 $103,784
2020 $1,216,326 $1,419,927 $1,541,073 $-203,601
2019 $2,353,134 $2,111,787 $1,519,207 $241,347
2018 $2,189,523 $2,023,195 $1,174,349 $166,328
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