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Columbus Downtown Development Corporation
Also known as Downtown Columbus Inc.
Columbus Downtown Development Corporation reported $40.7 million in revenue and $24.5 million in expenses for calendar year 2024. Of every $100 it spent, $96.16 went to program services, $3.84 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 73.6% of the total. Government grants made up 72.6%. The highest compensation it reported for one person was $696,730 (PRESIDENT). 5 people received more than $100,000 in reportable compensation. Revenue rose 100% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $24MFor context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $41M- Contributions & grants (non-government)$1.05 $427K
- Government grants$72.53 $30M
- Program service revenue$23.91 $9.7M
- Investment income$2.51 $1.0M
Other revenue was negative: −$36,849. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 96.2% | 89.1% |
| Management & general Part IX 25(C) ÷ 25(A) | 3.8% | 9.2% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 73.6% | 80.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 72.6% | 14.9% |
| Program service revenue share Part VIII 2g ÷ 12 | 23.9% | 11.9% |
| Highest reported compensation Part VII-A, columns D–F | $696,730 | $291,103 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.85% | 1.49% |
| People paid over $100,000 Part VII, line 2 | 5 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 62.3 | 9.2 |
| Independent voting board members Part VI 1a–1b | 15 of 15 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseCddc continues with the implementation of the 2010 strategic business plan developed with community input and promulgated by the mayor and city council. These efforts include the renovation of a former downtown department store into premier office and retail space, Development of Downtown parks through the oversight of the scioto mile park and the scioto greenways project, the construction of a new national veterans memorial and museum and the development of the downtown scioto peninsula. In november 2018, cddc's subsidiary sp holdings entered into separate purchase, sale and development…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT Officer, 25.00 hrs/week | $336,900 | $336,900 | $22,930 | $696,730 |
| CEO Officer, 25.00 hrs/week | $315,322 | $315,322 | $48,566 | $679,210 |
| ASST SECRETARY/GENERAL COUNSEL Officer, 25.00 hrs/week | $162,708 | $162,708 | $35,546 | $360,962 |
| CFO Key employee, 25.00 hrs/week | $147,214 | $147,214 | $44,710 | $339,138 |
| PROJECT COUNSEL Highest compensated employee, 50.00 hrs/week | $158,671 | $0 | $18,780 | $177,451 |
| DIRECTOR OF COLUMBUS COMMONS Highest compensated employee, 25.00 hrs/week | $81,671 | $81,671 | $9,462 | $172,804 |
| DIRECTOR OF COMMUNICATIONS Highest compensated employee, 25.00 hrs/week | $61,978 | $61,978 | $35,352 | $159,308 |
| DIRECTOR OF ADMINISTRATION Highest compensated employee, 25.00 hrs/week | $61,767 | $61,767 | $25,886 | $149,420 |
5 people received more than $100,000 in reportable compensation from Columbus Downtown Development Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.1M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b15 · 15 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26Yes
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
- Volunteers Part I, line 615
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses onlyIndividuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Columbus Downtown Development Corporation totaling $20,000 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Columbus Downtown Development Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Columbus Downtown Development Corporation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Columbus Downtown Development Corporation spent in 2024, $96.16 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- New Orleans Physician ServicesMarrero, LA · revenue $40M · programs 95.5% · 2024
- I-95 I-40 Crossroads of America Economic Development AllianceDunn, NC · revenue $41M · programs 99.7% · FY2025
- National Community Reinvestment CoalitionWashington, DC · revenue $40M · programs 74.5% · 2024
- Citizens for CitizensFall River, MA · revenue $41M · programs 94.8% · FY2025
- United Community Action PartnershipMarshall, MN · revenue $40M · programs 93.3% · FY2025
All community improvement & capacity building charities · Largest charities in Ohio
Questions people ask
How much of Columbus Downtown Development Corporation's spending goes to programs?
In calendar year 2024, Columbus Downtown Development Corporation reported that 96.2% of its $24.5 million in expenses went to program services, 3.8% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Columbus Downtown Development Corporation pay its top executive?
The largest total compensation Columbus Downtown Development Corporation reported for one person in calendar year 2024 was $696,730, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Columbus Downtown Development Corporation get its money?
Of $40.7 million in revenue in calendar year 2024, 73.6% came from contributions and grants (including 72.6% from government grants) and 23.9% from program service revenue (Form 990, Part VIII).
Is Columbus Downtown Development Corporation a registered charity?
The IRS lists EIN 76-0704655 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202503189349305360 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202403209349316075 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323189349314772 · read the filing
- 2021: Form 990 for calendar year 2021, object 202213199349327881 · read the filing
- 2020: Form 990 for calendar year 2020, object 202123199349308742 · read the filing
- 2019: Form 990 for calendar year 2019, object 202041439349300109 · read the filing
All filings for EIN 76-0704655: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.