EIN 56-2011549

Downtown Greensboro (DGI)

IRS 501(c) type
501(c)(6)
Num. employees
7
Year formed
1996
Most recent tax filings
2022-06-01
Description
DGI is an economic development organization focused on stimulating investment and activity in the center city. Downtown Greensboro Incorporated has three standing committees that provide an additional voice for interested stakeholders.
Total revenues
$1,929,059
2022
Total expenses
$1,881,707
2022
Total assets
$1,475,493
2022
Num. employees
7
2022

Program areas at DGI

Downtown municipal service district (dmsd) funds project to provide funds levied and collected by the city from ad valorem property taxes and sales taxes in the dmsd as authorized by ncgs 160a-536(d)to dgi to perform, promote, and develop services, facilities, functions, and promotional and developmental activities in the dmsd. Funds are used to position the Downtown business improvement district as an attractive, vibrant destination for those who work, play and live here through public space management, economic development initiatives, marketing services, special events and advocacy activities.
Economic services project - to provide for the revitalization and economic development of Downtown Greensboro. Services include marketing of the Downtown area, economic development programs, program management and implementation as well as providing long term vision development and planning recommendations for the Downtown area.

Grants made by DGI

GranteeGrant descriptionAmount
Forge GreensboroRetail Revitalization Grant$10,000
Greensboro Area Chamber of CommerceSponsor Tables for Awards Banquets.$8,250

Who funds Downtown Greensboro (DGI)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Downtown Greensboro FoundationProgram and Event Coordination$438,493
The Joseph M Bryan FoundationSponsorships$10,000
Dawn S Chaney FoundationGeneral Fund$5,000

Personnel at DGI

NameTitleCompensation
Zack MathenyPresident$158,630
Joy RossChief Financial Officer$67,075
Sarah HealyDirector of Operations
Stacy CalfoDirector of Marketing
Kim NorrisDirector of Special Projects / Office Manager
...and 8 more key personnel

Financials for DGI

RevenuesFYE 06/2022
Total grants, contributions, etc.$711,822
Program services$1,216,875
Investment income and dividends$1,096
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-734
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,929,059

Form 990s for DGI

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-15990View PDF
2020-062021-06-30990View PDF
2019-062020-01-17990View PDF
2018-062019-06-19990View PDF
2017-062018-06-14990View PDF
...and 8 more Form 990s
Data update history
July 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 20, 2023
Updated personnel
Identified 7 new personnel
May 12, 2023
Received grants
Identified 2 new grant, including a grant for $380,150 from Downtown Greensboro Foundation
October 16, 2021
Posted financials
Added Form 990 for fiscal year 2020
June 21, 2021
Received grants
Identified 1 new grant, including a grant for $462,937 from Downtown Greensboro Foundation
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Community improvementEconomic development
Characteristics
Political advocacyState / local levelReceives government fundingCommunity engagement / volunteering
General information
Address
532 South Elm St
Greensboro, NC 27406
Metro area
Greensboro-High Point, NC
Website URL
downtowngreensboro.org/ 
Phone
(336) 379-0060
Facebook page
DowntownGreensboro 
Twitter profile
@downtowngso 
IRS details
EIN
56-2011549
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1996
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Central organization
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