Burlington Downtown Corporation
Burlington Downtown Corporation is a public charity focused on Community Improvement & Capacity Building, based in Burlington, NC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $169K in total assets.
Key facts about Burlington Downtown Corporation
- EIN
- 56-1627620
- Latest 990 filing
- Form 990-EZ, 2025
- Total assets
- $168,748
Data from IRS Form 990-EZ, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-EZ · View filing
Total Assets
$169K
+34.0% YoY
Revenue
$151K
-10.1% YoY
Expenses
$102K
-36.3% YoY
How Burlington Downtown Corporation gives
- Giving grew 119% from 2020 to 2023. Method
From the foundation's IRS Form 990 filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2023, annual grant giving ranged from $39K (2020) to $86K (2023). In 2023 it made 3 grants totaling $86K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 6 grants of 8 (75%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $168,748 | $125,958 | $116,707 |
| Revenue | $150,724 | $167,616 | $129,160 |
| Expenses | $102,395 | $160,686 | $198,368 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS February 13, 2020)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
- Added Form 990-EZ for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Burlington Downtown Corporation is led by Tracy Schmidt, President since 2023 (on filings since 2020); none of the 16 officers listed in 2025 report compensation.
Officers on the 2025 filing
Tracy Schmidt
President
Board Member → President, 2023
On filings since 2020
No compensation reported
Jason Husser
Director
Board Member → Director, 2025
On filings since 2023
No compensation reported
Brad Harmon
Advisory Board
On filings since 2019
No compensation reported
Casey Lewis
Board Member
On filings since 2019
No compensation reported
Coleman Rich
Past President
Vice President → President, 2020
President → Past President, 2023
On filings since 2019
No compensation reported
Jeff Wilkins
Board Member
On filings since 2019
No compensation reported
Kelly May
Advisory Board
On filings since 2019
No compensation reported
Ben Nye
Vice President
Board Member → Vice President, 2023
On filings since 2022
No compensation reported
Brandon Barbour
Board Member
On filings since 2023
No compensation reported
John Wimmer
Board Member
On filings since 2023
No compensation reported
Reed Laplante
Board Member
On filings since 2023
No compensation reported
Rick Gunn
Board Member
On filings since 2023
No compensation reported
Tammy Cobbb
Ex-Officio B
On filings since 2023
No compensation reported
Tom Steele
Board Member
On filings since 2023
No compensation reported
Wade Boteler
Board Member
On filings since 2023
No compensation reported
Jim Butler
Ex-Officio B
On filings since 2024
No compensation reported
Former officers (28)
- Former: Nolan Kirkman (2019–2024) — Ex-Officio B
- Former: Sara Anne Caudle (2020–2024) — Board Member
- Former: Katie Chung (2020–2023) — Secretary & Treasurer
- Former: Ervin Allen (2019–2022) — Board Member
- Former: Holly Treadwell (2019–2022) — Board Member
- Former: Matt Wall (2019–2022) — Ex-Officio B
- Former: Peter Bishop (2019–2022) — Ex-Officio B
- Former: Allen Gant III (2020–2022) — Board Member
- Former: Michelle Slaton (2021–2022) — Board Member
- Former: Feraud Calixte (2022) — Board Member
- Former: Nicole Young (2022) — Board Member
- Former: Howard Hawks (2019–2021) — Treasurer
- Former: Ian Baltutis (2019–2021) — Ex-Officio B
- Former: Madison Taylor (2019–2021) — Secretary
- Former: Emily Crowley (2020–2021) — Ex-Officio B
- Former: Brandon Bruce (2021) — Ex-Officio B
- Former: Nicole Enoch (2021) — Board Member
- Former: Ben Harris (2019–2020) — Board Member
- Former: Cary Worthy (2019–2020) — Ex-Officio B
- Former: Eric Henry (2019–2020) — Board Member
- Former: Jeff Andrews (2019–2020) — Past President
- Former: Angela Ball (2019) — Board Member
- Former: Dale Greeson (2019) — Treasurer
- Former: Gary Aherron (2019) — Advisory Board
- Former: Jan Davis (2019) — Past President
- Former: Lisa Wolff (2019) — Ex-Officio B
- Former: Nathan Page (2019) — Board Member
- Former: Shawna Gentert (2019) — Board Member
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Burlington Downtown Corporation
How large is Burlington Downtown Corporation?
Burlington Downtown Corporation reported $169K in total assets on its 2025 IRS Form 990-EZ. Its revenue that year was $151K.
What is Burlington Downtown Corporation?
Burlington Downtown Corporation is a public charity focused on Community Improvement & Capacity Building, based in Burlington, NC. It holds $169K in total assets as of 2025.
Where does Burlington Downtown Corporation operate?
Burlington Downtown Corporation has awarded grants in North Carolina.
What is Burlington Downtown Corporation's EIN?
Burlington Downtown Corporation's EIN (Employer Identification Number) is 56-1627620. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Burlington Downtown Corporation by hand.
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