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Nonprofiteer
← DOWNTOWN NEIGHBORHOOD ASSOCIATION OF ELGIN

Form 990 for tax year 2024

Filed by DOWNTOWN NEIGHBORHOOD ASSOCIATION OF ELGIN.

Totals

Total revenue
$278,956
Total expenses
$266,848
Contributions and grants received
$198,755
Grants paid
$0
Program service revenue
$78,957
Investment income
$1,244
Other revenue
$0
Total assets, end of year
$370,407
Total liabilities, end of year
$9,920
Net assets or fund balances, end of year
$360,487
Program services expenses (Part IX)
$212,603
Management and general expenses
$54,245
Fundraising expenses
$0
Program service expenses (Part III)
$212,603

Program services were 79.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $175,049

  • 1f · All other contributions, gifts and grants

    $23,706

  • 1g · Noncash contributions included above

    $1,625

  • 2a · Program service revenue: FARMERS MARKET

    total $71,687 · related or exempt $71,687

  • 2b · Program service revenue: OTHER EVENTS

    total $7,270 · related or exempt $7,270

  • 3 · Investment income

    total $1,244 · excluded $1,244

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $147,705 · program services $110,779 · management and general $36,926

  • 9 · Other employee benefits

    total $2,287 · program services $1,715 · management and general $572

  • 10 · Payroll taxes

    total $11,849 · program services $8,887 · management and general $2,962

  • 11a · Fees: management

    total $26,557 · program services $19,918 · management and general $6,639

  • 11b · Fees: legal

    total $1,683 · program services $1,262 · management and general $421

  • 11c · Fees: accounting

    total $2,333 · program services $1,750 · management and general $583

  • 11g · Fees: other

    total $813 · program services $610 · management and general $203

  • 12 · Advertising and promotion

    total $24,144 · program services $24,144

  • 13 · Office expenses

    total $5,138 · program services $3,854 · management and general $1,284

  • 14 · Information technology

    total $13,007 · program services $9,755 · management and general $3,252

  • 20 · Interest

    total $50 · program services $38 · management and general $12

  • 23 · Insurance

    total $4,091 · program services $3,068 · management and general $1,023

  • 24a · Other expenses: EVENT SUPPLIES

    total $9,710 · program services $9,710

  • 24b · Other expenses: TOKEN PAYOUT

    total $8,253 · program services $8,253

  • 24c · Other expenses: COMMUNITY OUTREACH

    total $2,789 · program services $2,789

  • 24d · Other expenses: RESALE SUPPLIES AND MAT

    total $1,757 · program services $1,757

  • 24e · All other expenses

    total $4,682 · program services $4,314 · management and general $368

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $124,110 · end of year $17,128

  • 2 · Savings and temporary cash investments

    beginning of year $199,086 · end of year $264,054

  • 4 · Accounts receivable

    beginning of year $50,528 · end of year $89,225

  • 17 · Accounts payable and accrued expenses

    beginning of year $20,858 · end of year $5,304

  • 19 · Deferred revenue

    beginning of year $4,487 · end of year $4,616

  • 27 · Net assets without donor restrictions

    beginning of year $348,379 · end of year $360,487

Mission and programs · 2024

Mission

OUR MISSION IS TO REVITALIZE, ENHANCE AND SUSTAIN ELGIN'S HISTORIC CITY CENTER.

Activities or mission (Part I)

TO WORK WITH DOWNTOWN ELGIN BUSINESS OR PROPERTY OWNERS AND RESIDENTS, IN PARTNERSHIP WITH CITY LEADERS AND COMMUNITY VOLUNTEERS.

  • ECONOMIC DEVELOPMENTTHE DNA ACTIVELY RECRUITS NEW BUSINESSES TO VACANT DOWNTOWN PROPERTIES. IT SUPPORTS EXISTING BUSINESSES THROUGH EDUCATION, GRANT OPPORTUNITIES AND STRATEGIC PARTNERSHIPS. IT ADVOCATED FOR PRO-GROWTH CITY POLICIES AT THE ADVISEMENT OF BUSINESSES AND PROPERTY OWNERS. THESE INITIATIVES FACILITATE LONG-TERM, SUSTAINABLE AND VIBRANT BUSINESSES IN DOWNTOWN ELGIN.COMMUNITY BUILDING & COLLABORATIONTHE DNA BRINGS TOGETHER BUSINESSES, PROPERTY OWNERS, CITY OFFICIALS, COMMUNITY MEMBERS AND OTHER KEY STAKE HOLDERS TO COLLABORATE, PARTNER AND BUILD A THRIVING DOWNTOWN COMMUNITY.PERCEPTION & PROMOTIONTHE DNA WORKS WITH THE CITY AND OTHER ORGANIZATIONS TO PROMOTE ALL THAT ELGIN HAS TO OFFER. IT GETS THE WORD OUT ABOUT OUR GREAT CITY THROUGH MARKETING AND SPECIAL EVENTS. IT HELPS TO MANAGE THE IMAGE AND PERCEPTION OF DOWNTOWN ELGIN (AND BY DEFAULT THE CITY AS A WHOLE) THROUGH THE PRESS AND OTHER MEDIA OUTLETS.BEAUTIFICATION & PHYSICAL ENHANCEMENTTHE DNA IS AN ADVOCATE FOR THE PRESERVATION THE RICH HERITAGE OF DOWNTOWN ELGIN. DNA CHAMPIONS THE CITY'S CULTURAL DIVERSITY, HISTORIC ARCHITECTURE AND BEST IN CLASS URBAN DESIGN, THEREBY ENHANCING ITS ARTISTIC CHARACTER AND FORWARD THINKING IDEALS.

    Expenses $212,603 · Revenue $78,957

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Brian Pinon

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Chris Davis

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • Joy Symonds

    TREASURER

    Total calculated
    $0
    Hours/week
    3

  • Mark Novelli

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • Patricia Williams

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Kerri Liu

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Wilbur Dumas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Tom Brockner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Marc Mylott

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Steve Kroiss

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
2 July 2025
IRS schema version
2024v5.2
Source object
202501839349301120

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