NASHVILLE DOWNTOWN PARTNERSHIP

EIN: 621774641 Community Improvement

NASHVILLE, TN

Total Revenue
$19,417,073
Total Expenses
$18,961,823
Total Assets
$7,840,955
Net Assets
$3,913,196
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
TN
Principal Officer
THOMAS D TURNER
Phone
6157433093
Tax Period
2023-01-01 to 2023-12-31

NASHVILLE DOWNTOWN PARTNERSHIP, founded in 1994, is a mid-sized nonprofit in the Community Improvement sector that reported $19.4M in total revenue in fiscal year 2023.

Mission

MAKE DOWNTOWN NASHVILLE THE URBAN CENTER OF THE SOUTHEAST IN WHICH TO LIVE, WORK, PLAY & INVEST.

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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 (2023)

Revenue Breakdown

Contributions & Grants $467,742
Program Service Revenue $18,747,306
Investment Income $188,025
Other Revenue $14,000
TOTAL REVENUE $19,417,073

Expense Breakdown

Grants Paid $96,562
Salaries & Benefits $1,929,335
Fundraising Expenses $0
Other Expenses $16,935,926
TOTAL EXPENSES $18,961,823

Year-over-Year Comparison

2023 2022 Change
Revenue $19,417,073 $18,440,300 +0.1%
Expenses $18,961,823 $17,667,923 +0.1%
Net Income $455,250 $772,377 -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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
72
Independent Members
72
Employees
16
Volunteers
78

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
6
$485,196
Total Directors
72
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM HASTINGS CHAIRMAN 2.00
Officer Director
$0 $0 $0
JOHNNY MOORE VICE CHAIRMAN 2.00
Officer Director
$0 $0 $0
SEAN HENRY IMMEDIATE PAST CHAIRMAN 2.00
Officer Director
$0 $0 $0
BECKY HARRELL TREASURER 2.00
Officer Director
$0 $0 $0
KEITH MILES SECRETARY 2.00
Officer Director
$0 $0 $0
TERESA BROYLES APLIN BOARD MEMBER 2.00
Director
$0 $0 $0
KRIS ARHEND BOARD MEMBER 2.00
Director
$0 $0 $0
DOMINIQUE ARRIETA BOARD MEMBER 2.00
Director
$0 $0 $0
BRIAN ATWOOD BOARD MEMBER 2.00
Director
$0 $0 $0
KEN L BISHOP BOARD MEMBER 2.00
Director
$0 $0 $0
LEE BLANK BOARD MEMBER 2.00
Director
$0 $0 $0
CHARLES ROBERT BONE BOARD MEMBER 2.00
Director
$0 $0 $0
TOM BOYER BOARD MEMBER 2.00
Director
$0 $0 $0
JOE BUCHER BOARD MEMBER 2.00
Director
$0 $0 $0
DAN CALHOUN BOARD MEMBER 2.00
Director
$0 $0 $0
ROBERT R CAMPBELL JR BOARD MEMBER 2.00
Director
$0 $0 $0
JOHN CANNON BOARD MEMBER 2.00
Director
$0 $0 $0
NICK CESNIC BOARD MEMBER 2.00
Director
$0 $0 $0
ALEX CHAMBERS BOARD MEMBER 2.00
Director
$0 $0 $0
GABRIEL COLTEA BOARD MEMBER 2.00
Director
$0 $0 $0
W KIRBY DAVIS JR BOARD MEMBER 2.00
Director
$0 $0 $0
ADAM ENGLISH BOARD MEMBER 2.00
Director
$0 $0 $0
RICHARD FLETCHER BOARD MEMBER 2.00
Director
$0 $0 $0
WILL FREEMAN BOARD MEMBER 2.00
Director
$0 $0 $0
MARY TAYLOR GALLAGHER BOARD MEMBER 2.00
Director
$0 $0 $0
TONY GIARRATANA BOARD MEMBER 2.00
Director
$0 $0 $0
RONALD GOBBELL BOARD MEMBER 2.00
Director
$0 $0 $0
NATHAN GREEN BOARD MEMBER 2.00
Director
$0 $0 $0
JOE HALL BOARD MEMBER 2.00
Director
$0 $0 $0
MICHEAL HARRIS BOARD MEMBER 2.00
Director
$0 $0 $0
AUBREY B HARWELL III BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL HAYES BOARD MEMBER 2.00
Director
$0 $0 $0
EDWARD HENLEY BOARD MEMBER 2.00
Director
$0 $0 $0
BOB HIGGINS BOARD MEMBER 2.00
Director
$0 $0 $0
KELLY HODGES BOARD MEMBER 2.00
Director
$0 $0 $0
BOB HOPKINS BOARD MEMBER 2.00
Director
$0 $0 $0
ROBERT M HOLLAND JR BOARD MEMBER 2.00
Director
$0 $0 $0
EDWARD JACKSON BOARD MEMBER 2.00
Director
$0 $0 $0
TOM JURKOVICH BOARD MEMBER 2.00
Director
$0 $0 $0
CHRIS KARBOWIAK BOARD MEMBER 2.00
Director
$0 $0 $0
JENNEEN KAUFMAN BOARD MEMBER 2.00
Director
$0 $0 $0
JANET KURTZ BOARD MEMBER 2.00
Director
$0 $0 $0
SEAN MARSHALL BOARD MEMBER 2.00
Director
$0 $0 $0
ROBERT A MCCABE JR BOARD MEMBER 2.00
Director
$0 $0 $0
PAUL MCGOWAN BOARD MEMBER 2.00
Director
$0 $0 $0
TOM MILLER BOARD MEMBER 2.00
Director
$0 $0 $0
JIM MOSBY BOARD MEMBER 2.00
Director
$0 $0 $0
MICHELLE MYERS BOARD MEMBER 2.00
Director
$0 $0 $0
BURKE NIHILL BOARD MEMBER 2.00
Director
$0 $0 $0
DEE PATEL BOARD MEMBER 2.00
Director
$0 $0 $0
NICK PAUL BOARD MEMBER 2.00
Director
$0 $0 $0
LEELLEN PHILLIPS BOARD MEMBER 2.00
Director
$0 $0 $0
STEPHEN PRICE BOARD MEMBER 2.00
Director
$0 $0 $0
BRIAN REAMES BOARD MEMBER 2.00
Director
$0 $0 $0
CHARLES ROBIN BOARD MEMBER 2.00
Director
$0 $0 $0
COURTNEY ROSS BOARD MEMBER 2.00
Director
$0 $0 $0
BRENDA SANDERSON BOARD MEMBER 2.00
Director
$0 $0 $0
KATHY SAGER BOARD MEMBER 2.00
Director
$0 $0 $0
MATT SCANLAN BOARD MEMBER 2.00
Director
$0 $0 $0
JIM SCHMITZ BOARD MEMBER 2.00
Director
$0 $0 $0
TIM SCHOOLS BOARD MEMBER 2.00
Director
$0 $0 $0
CHARLES STARKS BOARD MEMBER 2.00
Director
$0 $0 $0
MIKE STEWART BOARD MEMBER 2.00
Director
$0 $0 $0
STEPHEN SUSANO BOARD MEMBER 2.00
Director
$0 $0 $0
JAMES S TURNER JR BOARD MEMBER 2.00
Director
$0 $0 $0
JENNIFER TURNER BOARD MEMBER 2.00
Director
$0 $0 $0
RAY WATERS BOARD MEMBER 2.00
Director
$0 $0 $0
TROY WHITE BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID WICKER BOARD MEMBER 2.00
Director
$0 $0 $0
SALLY WILLIAMS BOARD MEMBER 2.00
Director
$0 $0 $0
CAROL YOCHEM BOARD MEMBER 2.00
Director
$0 $0 $0
SUSAN ZAMANI BOARD MEMBER 2.00
Director
$0 $0 $0
THOMAS D TURNER PRESIDENT & CEO 40.00
Officer
$452,938 $32,258 $485,196
TAMARA DICKSON VP ECONOMIC DEVELOPMENT 40.00
Highest
$128,865 $20,001 $148,866
JEANETTE BARKER VP STRATEGIC DEVELOPMENT 40.00
Highest
$125,036 $15,683 $140,719
JACK MALONE DIRECTOR OF CLEANING & TRA 40.00
Highest
$129,072 $10,355 $139,427
DAVID CORMAN DIRECTOR OF SAFETY SERVICES 40.00
Highest
$111,042 $894 $111,936
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 No data No data No data No data
2023 $19,417,073 $18,961,823 $7,840,955 $455,250
2022 $18,440,300 $17,667,923 $7,918,597 $772,377
2021 $12,726,748 $12,691,562 $5,610,530 $35,186
2020 $9,856,259 $10,005,210 $4,456,545 $-148,951
2019 $15,213,180 $14,805,618 $5,175,605 $407,562
2018 $11,885,235 $12,138,987 $4,235,355 $-253,752
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