Downtown Raleigh Alliance Inc
Advancing the vitality of downtown raleigh for everyone.
Downtown Raleigh Alliance Inc at a glance
- Total assets
- $1,803,171
- -0.4% vs 2024
- Revenue (2025)
- $4,037,115
- +19.0% vs 2024
- Net investment income (2025)
- $6,263
- +22.2% vs 2024
- Expenses (2025)
- $4,079,533
- +20.5% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to Downtown Raleigh Alliance Inc
Open Grants
1 open opportunity from Downtown Raleigh Alliance Inc
Who Downtown Raleigh Alliance Inc funds
How this funder distributes its grants
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 12 grants of 13 (92%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Downtown Raleigh Alliance Inc gives
- Giving fell 79% 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 2021 to 2024, annual grant giving ranged from $23K (2023) to $382K (2021). In 2024 it made 9 grants totaling $79K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Flavor Hills Jacksonville, NC | Storefront Upfit Grant | $15,000 |
| The Green Monkey Raleigh, NC | Storefront Upfit Grant | $15,000 |
| Blackbird Books and Coffee LLC Youngsville, NC | Storefront Upfit Grant | $12,500 |
| Barber Wine Company Raleigh, NC | Store Front Uplift | $10,196 |
| Raleigh Popsicle CO Raleigh, NC | Storefront Upfit Grant | $8,330 |
| Rolley LLC Raleigh, NC | Storefront Upfit Grant | $7,500 |
| The Bath Place LLC Rocky Mount, NC | Storefront Upfit Grant | $5,345 |
| North South Hospitality LLC Raleigh, NC | Storefront Upfit Grant | $2,500 |
| Hause of Dogs LLC Raleigh, NC | Storefront Upfit Grant | $2,481 |
Ready to take the next step with Downtown Raleigh Alliance Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $1,803,171 | $4,037,115 | $4,079,533 | — | — | $6,263 |
| 2024 | $1,810,181 | $3,393,530 | $3,386,180 | $78,852 | 9 | $5,127 |
| 2023 | $1,726,101 | $3,074,121 | $2,885,176 | $22,500 | 3 | $3,881 |
| 2022 | $1,180,214 | $2,444,068 | $2,373,390 | — | — | $103 |
| 2021 | $1,270,940 | $2,645,621 | $2,642,346 | $382,352 | 1 | $218 |
| 2020 | $1,118,081 | $2,204,693 | $1,870,616 | — | — | $787 |
| 2019 | $851,505 | $1,987,868 | $1,887,551 | — | — | $3,049 |
About Downtown Raleigh Alliance Inc
Based on IRS filings
Downtown Raleigh Alliance Inc is a public charity, based in Raleigh, NC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.8M in total assets. Net investment income was $6K.
Leadership & Key People
Officers and directors from IRS filings
Downtown Raleigh Alliance Inc is led by Bill King, President & CEO since 2024 (on filings since 2019); 1 of 37 officers listed in 2025 is compensated.
Officers on the 2025 filing
Bill King
President & CEO
President → President An, 2021
President An → President & CEO, 2024
On filings since 2019
20 hrs/week
$73K (2019) → $197K (2025)
Skip Hill
Board Chair
Board Member → Vice Chair & Chair-Elect, 2024
Vice Chair & Chair-Elect → Board Chair, 2025
On filings since 2021
1 hr/week
No compensation reported
Mike Munn
Board Vice Chair & Coming Chair
New on the 2025 filing
1 hr/week
No compensation reported
Adrienne Cole
Director
Board Member → Ex-Officio, 2022
Ex-Officio → Director, 2024
On filings since 2019
1 hr/week
No compensation reported
David Ellis
Director
Board Member → Director, 2024
On filings since 2019
1 hr/week
No compensation reported
Denny Edwards
Director
Board Member → Ex-Officio, 2022
Ex-Officio → Director, 2024
On filings since 2019
1 hr/week
No compensation reported
Charlie Ibarra
Director
Board Member → Director, 2022
On filings since 2020
1 hr/week
No compensation reported
Evan Raleigh
Director
Board Member → Ex-Officio, 2022
Ex-Officio → Director, 2024
On filings since 2021
1 hr/week
No compensation reported
Janet Cowell
Director
Board Member → Ex-Officio, 2022
Ex-Officio → Director, 2025
On filings since 2021
1 hr/week
No compensation reported
Yvette Holmes
Director
On filings since 2022
1 hr/week
No compensation reported
Carly Jones
Director
On filings since 2024
1 hr/week
No compensation reported
Chris Budnick
Director
On filings since 2024
1 hr/week
No compensation reported
Felicia Trujillo
Director
On filings since 2024
1 hr/week
No compensation reported
Gregg Sandreuter
Director
On filings since 2024
1 hr/week
No compensation reported
Natalie Batten
Director
On filings since 2024
1 hr/week
No compensation reported
Nicholle Allen-Steele
Director
On filings since 2024
1 hr/week
No compensation reported
Pete Byers
Director
On filings since 2024
1 hr/week
No compensation reported
Tiffany Barrier
Director
On filings since 2024
1 hr/week
No compensation reported
Anna Grace Fitzgerald
Director
New on the 2025 filing
1 hr/week
No compensation reported
Chris Roberts
Director
New on the 2025 filing
1 hr/week
No compensation reported
Danny Seaton
Director
New on the 2025 filing
1 hr/week
No compensation reported
Davis Roach
Director
New on the 2025 filing
1 hr/week
No compensation reported
Jamie Schwedler
Director
New on the 2025 filing
1 hr/week
No compensation reported
Kassia Gibbs
Director
New on the 2025 filing
1 hr/week
No compensation reported
Kathleen Makena
Director
New on the 2025 filing
1 hr/week
No compensation reported
Lauren Romer
Director
New on the 2025 filing
1 hr/week
No compensation reported
Lt McCrimmon
Director
New on the 2025 filing
1 hr/week
No compensation reported
Owen Williams
Director
New on the 2025 filing
1 hr/week
No compensation reported
Rebecca Quinn-Wolf
Director
New on the 2025 filing
1 hr/week
No compensation reported
Ruffin Hall
Director
New on the 2025 filing
1 hr/week
No compensation reported
Stacey Buescher
Director
New on the 2025 filing
1 hr/week
No compensation reported
Paulette Dillard
Board Immediate Past Chair
Secretary → Board Chair, 2024
Board Chair → Board Immediate Past Chair, 2025
On filings since 2020
1 hr/week
No compensation reported
Bo Dempster
Board Legal Counsel
Board Legal → Board Legal Counsel, 2025
On filings since 2021
1 hr/week
No compensation reported
Britt Thomas
Board Secretary
Director → Secretary, 2024
Secretary → Board Secretary, 2025
On filings since 2022
1 hr/week
No compensation reported
Tia McLaurin
At-Large Member
Director → At Large Member, 2024
At Large Member → At-Large Member, 2025
On filings since 2022
1 hr/week
No compensation reported
Derrick Remer
At-Large Member
Director → At-Large Member, 2025
On filings since 2024
1 hr/week
No compensation reported
Emily Williams
Board Treasurer
Director → Board Treasurer, 2025
On filings since 2024
1 hr/week
No compensation reported
Former officers (82)
- Former: Allyson Dickens (2019–2024) — Treasurer
- Former: Brian O'Haver (2019–2024) — Director
- Former: David Meeker (2019–2024) — Past Chair
- Former: Jason Widen (2019–2024) — Director
- Former: Joseph Bo Dempster Jr. (2019–2024) — Legal Counsel
- Former: Larry Miller (2019–2024) — Director
- Former: Maggie Kane (2019–2024) — Director
- Former: Matt Lilley (2019–2024) — Director
- Former: Mike Smith (2019–2024) — Director
- Former: Monica Barnes (2019–2024) — Director
- Former: Robby Lawson (2019–2024) — Director
- Former: Johnny Hackett (2022–2024) — Director
- Former: Michael Munn (2022–2024) — At Large Member
- Former: Zac Vuncannon (2022–2024) — Director
- Former: Mary-Ann Baldwin (2024) — Director
- Former: Baldwin Mary-Ann (2023) — Ex-Officio C
- Former: Barnes Monica (2023) — Director
- Former: Barrier Tiffany (2023) — Director
- Former: Budnick Chris (2023) — Director
- Former: Byers Pete (2023) — Director
- Former: Clayton Marty (2023) — Director
- Former: Cole Adrienne (2023) — Ex-Officio C
- Former: Cowell Janet (2023) — Ex-Officio D
- Former: Dempster Joseph Bo (2023) — Legal Counsel
- Former: Dickens Allyson (2023) — Treasurer
- Former: Dillard Paulette (2023) — Secretary
- Former: Edwards Denny (2023) — Ex-Officio G
- Former: Ellis David (2023) — Ex-Officio W
- Former: Fausch Emily (2023) — Director
- Former: Fields Valerie (2023) — At-Large
- Former: Hackett Johnny (2023) — Director
- Former: Hill Thomas Skip (2023) — Director
- Former: Holmes Yvette (2023) — Director
- Former: Humphrey Butch (2023) — Chair-Elect
- Former: Ibarra Charlie (2023) — Director
- Former: Jones Carly (2023) — Director
- Former: Kane Maggie (2023) — Director
- Former: Lawson Robby (2023) — Director
- Former: Lilley Matt (2023) — Director
- Former: McLaurin Tia (2023) — Director
- Former: Meeker David (2023) — Vice Chair & C
- Former: Miller Larry (2023) — Director
- Former: Munn Michael (2023) — Director
- Former: O'Haver Brian (2023) — Director
- Former: Raleigh Evan (2023) — Ex-Officio C
- Former: Ralph Brian (2023) — Chair
- Former: Smith Mike (2023) — Director
- Former: Thomas Britt (2023) — Director
- Former: Vuncannon Zac (2023) — Director
- Former: Warf Doug (2023) — At-Large
- Former: Widen Jason (2023) — Director
- Former: Brian Ralph (2019–2022) — Chairman
- Former: Doug Warf (2019–2022) — At-Large
- Former: Leon Cox (2019–2022) — Immediate Pa
- Former: Nicole Stewart (2019–2022) — Ex-Officio
- Former: Robert Doreauk (2019–2022) — Director
- Former: Tyler Helikson (2019–2022) — Director
- Former: Carlton Midyette III (2020–2022) — Director
- Former: Stephen De May (2020–2022) — Director
- Former: Butch Humphrey (2021–2022) — Director
- Former: Valerie Fields (2021–2022) — At-Large
- Former: Thomas Skip Hill (2022) — Director
- Former: William Barfield (2022) — Director
- Former: Delisa Alexander (2019–2021) — Board Member
- Former: Hayley Morton (2019–2021) — Board Treasurer
- Former: Isaac Horton (2019–2021) — Board Member
- Former: Jim Greene (2019–2021) — Board Member
- Former: Joe Meir (2019–2021) — Board Member
- Former: Neil Gray (2019–2021) — Board Member
- Former: Pam Blondin (2019–2021) — Immediate Pa
- Former: Sean Malone (2019–2021) — Board Member
- Former: Will Barfield (2019–2021) — Board Member
- Former: Chris Dillon (2020–2021) — Board Member
- Former: Sondra Collins (2020–2021) — Board Member
- Former: Susan Woodson (2020–2021) — Board Member
- Former: Kristopher Larson (2019) — Officer
- Former: Marty Clayton (2019) — Board Member
- Former: Sally Edwards (2019) — At-Large
- Former: Sarah Powers (2019) — Board Member
- Former: Sharon Moe (2019) — Immediate Pa
- Former: Sue Glennon (2019) — Secretary
- Former: Van Nolintha (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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $197K, to Bill King (President and CEO).
Frequently asked questions about Downtown Raleigh Alliance Inc
How large is Downtown Raleigh Alliance Inc?
Downtown Raleigh Alliance Inc reported $1.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $4.0M.
Where does Downtown Raleigh Alliance Inc operate?
Downtown Raleigh Alliance Inc has awarded grants in North Carolina.
What is Downtown Raleigh Alliance Inc's EIN?
Downtown Raleigh Alliance Inc's EIN (Employer Identification Number) is 56-1994005. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS March 31, 2025)
- Updated Form 990 for fiscal year 2021 (received by the IRS February 11, 2022)
- IRS filings on file for fiscal years 2019–2025
Explore Open Grants
Browse active grant opportunities in Downtown Raleigh Alliance Inc's focus areas in our free grants database
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