Downtown Development Corporation
The louisville Downtown Development Corporation(DDC) is a private, non profit 501(c)(3) organization dedicated to the long term economic health of downtown louisville and represents the community's civic and business leadership. Since 1988, DDC has played a crucial role in bringing together both the public and private sectors as partners in downtown louisville's redevelopment and long term planning, with DDC serving as the lead entity in the development and implementation of the downtown master plan.
Downtown Development Corporation at a glance
In short: Downtown Development Corporation gave $25K across 1 grant in 2024 (avg $25K), mostly in Kentucky. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $25,000
- -55.1% vs 2023
- Grants made (2024)
- 1
- Average grant
- $25,000
- Median grant
- $25,000
- Total assets
- $2,670,303
- -6.5% vs 2023
- Primary geography
- Kentucky (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Downtown Development Corporation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Louisville Metro Government Special Events Department ($25K).
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 10 grants of 10 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Downtown Development Corporation gives
- Giving fell 62% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $23K (2020) to $65K (2021). In 2024 it made 1 grant totaling $25K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Louisville Metro Government Special Events Department Louisville, KY | Event Sponsorship (Light up Louisville) | $25,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $2,670,303 | $1,853,066 | $1,872,864 | $25,000 | 1 | $37,096 |
| 2023 | $2,855,319 | $1,867,271 | $1,962,155 | $55,625 | Total only | $11,485 |
| 2022 | $2,498,000 | $1,635,538 | $1,278,063 | $63,000 | 3 | $365 |
| 2021 | $2,050,415 | $2,221,908 | $1,322,535 | $65,225 | 5 | $1,387 |
| 2020 | $1,293,273 | $602,603 | $1,097,532 | $23,000 | 1 | $4,537 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Downtown Development Corporation
Based on IRS filings
Downtown Development Corporation is a public charity focused on Community Improvement & Capacity Building, based in Louisville, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 1 grant totaling $25K. Net investment income was $37K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Downtown Development Corporation is led by Rebecca Fleischaker Couch, Executive Director on every filing since 2022; none of the 43 officers listed in 2024 report compensation.
Officers on the 2024 filing
Rebecca Fleischaker Couch
Executive Director
On filings since 2022
40 hrs/week
$143K (2022) → $0 (2024)
James A. Ja Hillebrand
Chairman
Director & Vice Chair → Director & Chair, 2022
Director & Chair → Chairman, 2023
On filings since 2020
0.5 hrs/week
No compensation reported
C. Edward Glasscock
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Carolle Jones Clay
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Cynthia S. Knapek
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Douglas Edwards
Director
On filings since 2020
0.1 hrs/week
No compensation reported
James R. Allen
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Jeffrey A. McKenzie
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Keith M. Sherman
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Marty Roberts
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Mary Putman
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Matthew A. Ricketts
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Michael B. Vincenti
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Ryan Jordan
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Andre Guess
Director
On filings since 2022
0.1 hrs/week
No compensation reported
Andrew Marchetti
Director
On filings since 2022
0.1 hrs/week
No compensation reported
Dan Hartlage
Director
On filings since 2022
0.1 hrs/week
No compensation reported
Dee Ford
Director
On filings since 2022
0.1 hrs/week
No compensation reported
Henry M. Potter Aia
Director
On filings since 2022
0.1 hrs/week
No compensation reported
Jordan Reber
Director
On filings since 2022
0.1 hrs/week
No compensation reported
Tonya Robinson
Director
On filings since 2022
0.1 hrs/week
No compensation reported
Ty J. Handyphd
Director
On filings since 2022
0.1 hrs/week
No compensation reported
Jill Horn
Director
Director & Joined - → Director, 2024
On filings since 2023
0.1 hrs/week
No compensation reported
Mary Chris Whelan
Director
On filings since 2023
0.1 hrs/week
No compensation reported
Nikki Carver
Director
On filings since 2023
0.1 hrs/week
No compensation reported
Raelyn Wolford
Director
On filings since 2023
0.1 hrs/week
No compensation reported
Julie Benton
Director
New on the 2024 filing
0.1 hrs/week
No compensation reported
Christen Boone
Secretary
Director → Director & Secretary, 2022
Director & Secretary → Secretary, 2023
On filings since 2020
0.3 hrs/week
No compensation reported
Deborah A. Bilitski
Ex-Officio
Ex-Officio Member → Ex-Officio, 2023
On filings since 2020
0.1 hrs/week
No compensation reported
Harold Workman
Treasurer
Director → Treasurer, 2023
On filings since 2020
0.3 hrs/week
No compensation reported
Kim Baker
Ex-Officio
Ex-Officio Member → Ex-Officio, 2023
On filings since 2020
0.1 hrs/week
No compensation reported
Lance Gilbert
Vice Chair & Chair Elect
Director & Secretary → Director & Vice Chair, 2022
Director & Vice Chair → Vice Chair & Chair Elect, 2023
On filings since 2020
0.3 hrs/week
No compensation reported
Sarah Davasher-Wisdom
Ex-Officio
Ex-Officio Member → Ex-Officio, 2023
On filings since 2020
0.1 hrs/week
No compensation reported
Stan Moore
Ex-Officio
Ex-Officio Member → Ex-Officio, 2023
On filings since 2020
0.1 hrs/week
No compensation reported
Jecorey Arthur
Ex-Officio
Ex-Officio Member → Ex-Officio, 2023
On filings since 2021
0.1 hrs/week
No compensation reported
Cleo Battle
Ex-Officio
Ex-Officio Member → Ex-Officio, 2023
On filings since 2022
0.1 hrs/week
No compensation reported
Jeff O'Brien
Ex-Officio
Ex-Officio Member → Ex-Officio, 2023
On filings since 2022
0.1 hrs/week
No compensation reported
Laurie Anne Roberts
Ex-Officio
Ex-Officio Member → Ex-Officio, 2023
On filings since 2022
0.1 hrs/week
No compensation reported
Riggs Lewis
Vice Chair
Director → Vice Chair, 2023
On filings since 2022
0.3 hrs/week
No compensation reported
Craig Greenberg
Ex-Officio
On filings since 2023
0.1 hrs/week
No compensation reported
Leslie Geoghegan
Ex-Officio
On filings since 2023
0.1 hrs/week
No compensation reported
Tanelle Sawyer
Ex-Officio
Ex-Officio & Joined - → Ex-Officio, 2024
On filings since 2023
0.1 hrs/week
No compensation reported
Benjamin Donlon
Ex-Officio
New on the 2024 filing
0.1 hrs/week
No compensation reported
Former officers (31)
- Former: Kristen Byrd (2022–2023) — Director
- Former: Charles P. Denny (2020–2022) — Director
- Former: Timothy M. Mulloy (2020–2022) — Director
- Former: William E. Summers V (2020–2022) — Director
- Former: Les Fugate (2021–2022) — Director
- Former: Greg Fischer (2022) — Ex-Officio Member
- Former: James A. Tuttjr (2022) — Director & Treasurer
- Former: John Weber (2022) — Ex-Officio Member
- Former: Raelyn Adkins (2022) — Director
- Former: Steve Poe (2022) — Director
- Former: Woo Smith (2022) — Ex-Officio Member
- Former: Blake Henry (2020–2021) — Ex-Officio Member
- Former: Brett Hale (2020–2021) — Director
- Former: Campbell Brown (2020–2021) — Director
- Former: Henry Potter (2020–2021) — Director
- Former: James Tutt (2020–2021) — Director
- Former: John Kurnick (2020–2021) — Director
- Former: Karen Williams (2020–2021) — Ex-Officio Member
- Former: Kent Blake (2020–2021) — Director & Treasurer
- Former: Matthew Ayers (2020–2021) — Director
- Former: Nathan Shanks (2020–2021) — Ex-Officio Member
- Former: Rebecca S. Matheny (2020–2021) — Executive Director
- Former: Stephen Poe (2020–2021) — Director
- Former: The Honorable Greg Fischer (2020–2021) — Ex-Officio Member
- Former: Ty Handy (2020–2021) — Director
- Former: Rebecca Fleischaker Partial Year (2021) — Ex-Officio Member
- Former: William Schreck (2021) — Interim Executive Director & Partial Yea
- Former: Barbara Sexton Smith (2020) — Ex-Officio Member
- Former: Kennan Wethington (2020) — Director
- Former: Mary Ellen Wiederwohl (2020) — Ex-Officio Member
- Former: Tori Murden McClure (2020) — Director & Chairman
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2023 IRS filing
The highest reported compensation on the 2023 filing was $135K, to Rebecca Fleischaker Couch (Executive Director).
Frequently asked questions about Downtown Development Corporation
How much does Downtown Development Corporation give each year?
Downtown Development Corporation gave $25K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it reported $56K in grants paid.
How large is Downtown Development Corporation?
Downtown Development Corporation reported $2.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $1.9M.
What is Downtown Development Corporation?
Downtown Development Corporation is a public charity focused on Community Improvement & Capacity Building, based in Louisville, KY. It holds $2.7M in total assets as of 2024.
Where does Downtown Development Corporation operate?
Downtown Development Corporation has awarded grants in Kentucky.
What is Downtown Development Corporation's EIN?
Downtown Development Corporation's EIN (Employer Identification Number) is 31-0992627. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 3, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS September 22, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 8, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS September 2, 2025)
- IRS filings on file for fiscal years 2020–2024
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Browse active grant opportunities in Downtown Development Corporation's focus areas in our free grants database
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