Downtown Development Corporation
Donations deductibleRevenue
$586k
year to 31 December 2025
Expenses
$486k
year to 31 December 2025
Total assets
$849k
$536k liabilities
Net assets
$313k
assets less liabilities
Directors and trustees
5
3.4y av
Staff
0
employees, year to 31 December 2025
Left since last filing
0
no seats appear to have opened
Officers and senior staff
4
named in Part VII
Downtown Development Corporation's network
5 people1 organisationi5 people and 1 organisation on this map.The large node is the subject of this page. Solid lines are what the register itself records (5). Violet dotted lines (4) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
5 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 4 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Andy Paluch | Member | 2024 | 2 yrs |
| Casey McNeil | Member | 2024 | 2 yrs |
| Eddie Ryan | Treasurer/Sec | 2018 | 8 yrs |
| Jadziah Derosia | President | 2024 | 2 yrs |
| Joe Kraus | Vice President | 2025 | 1 yr |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
4 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Nikki Hindman from March 21 | Executive Dir. | 2021 |
| Steve Peters | Executive Direc | since 2018 |
| Steve Peters Until March 21 | Executive Direc | 2021 |
| Tiffany Saltis | Executive Dir. | since 2022 |
Pay and hours
year to 31 December 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Casey McNeil | Member | 0 | $0 | ||
| Jadziah DeRosia | President | 0 | $0 | ||
| Joe Kraus | Vice President | 0 | $0 | ||
| Eddie Ryan | Treasurer/Sec | 0 | $0 | ||
| Andy Paluch | Member | 0 | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Downtown Development Corporation
- EIN
- 237384193
- Address
- 28 Center St, Rutland, VT, 05701-4015
- State
- Vermont
- Mission
- Ownership and management of supportive housing for the elderly. (as filed on the Form 990)
- Activity (NTEE)
- L22 Housing and shelter
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Housing & Shelter
- Size band
- 5 (IRS master file code)
- Formed
- 1974
- Principal officer
- Eddie Ryan (as named on the Form 990)
- IRS ruling date
- 1 July 2018
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 8, latest 2025
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsEddie Ryan
≥2years on the filingsAndy Paluch
≥2years on the filingsCasey McNeil
≥2years on the filingsJadziah Derosia
Latest return
year to 31 December 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2025. US dollars, as filed.- Total assets
- $849k
- Total liabilities
- $536k
- Net assets or fund balances
- $313k
- Contributions and grants received
- $0
- Program service revenue
- $573k
- Employees
- 0
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $556k | $455k | $102k |
As filed on the IRS Form 990. US dollars.