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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Downtown Development Corporation

Downtown Development Corporation

Fiscal year ending 2021. Filed on November 3, 2022.

315 Guthrie St Ste 300
Louisville, Kentucky 40202

Downtown Development Corporation (EIN: 31-0992627), also known as Louisville Downtown Partnership (Ldp), has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Downtown Development Corporation, a 501(c)(3) charitable organization, reported compensation for 2 out of 8 total employees. Among the employees shown here, the average compensation is $171,533. The highest compensated employee at Downtown Development Corporation is Rebecca S Matheny with fiscal year 2021 compensation of $171,533.

Revenue, expenses, and employee compensation

Revenue

$2,221,908

Expenses

$1,322,535

Employee compensation

$766,395
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Rebecca S Matheny
Executive Director (Part-Year)
$171,533
$161,263 No related comp$10,270
William Schreck
Interim ED (Volunteer)/Partial YEA
$0

Benchmark Employee Compensation

Non-Employee Board Members

Blake Henry
Member ex officio
Brett Hale
Director
C Edward Glasscock
Director
Campbell Brown
Director (Part-Year)
Carolle Jones Clay
Director
Charles P Denny
Director
Christen Boone
Director
Cynthia Knapek
Director
Deborah Bilitski
Member ex officio
Douglas Edwards
Director
Harold Workman
Director
Henry Potter
Director

Contractors

Block By Block
Clean Collaborative
$115,762

Mission Statement

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.

Revisions to this organization profile

September 2, 2025:
2024 Downtown Development Corporation 990 filed
November 8, 2024:
2023 Downtown Development Corporation 990 filed
September 22, 2023:
2022 Downtown Development Corporation 990 filed

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