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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 Downtown Sanford Inc.

Downtown Sanford Inc.

Fiscal year ending 2025. Filed on November 10, 2025.

229 Carthage St
Sanford, North Carolina 27330

Downtown Sanford Inc. (EIN: 56-1472402) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2025 IRS Form 990 filing, Downtown Sanford Inc., a 501(c)(3) charitable organization, reported compensation for 1 out of 9 total employees. Among the employees shown here, the average compensation is $66,279. The highest compensated employee at Downtown Sanford Inc. is Kelli Laudate with fiscal year 2025 compensation of $66,279.

Revenue, expenses, and employee compensation

Revenue

$364,024

Expenses

$357,407

Employee compensation

$179,914
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kelli Laudate
Executive Director
$66,279
$66,279 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Ashley Davenport
Vice Chair
Ashley Whitaker
Secretary and Treasurer
Brenda Aguirre
Board Member
David Morse
Board Member
Jeff Towson
Board Member
Joni Martin
Board Member
Maria Wright
Board Member
Ophelia Livingston
Board Member
Peggy Taphorn
Board Member
Porshia Wicker
Board Member
Sharon Spence
Chair
Shawanda Wilson
Board Member

Mission Statement

THE MISSION OF DSI IS TO PROMOTE AND MARKET DOWNTOWN SANFORD AS THE PRIMARY ECONOMIC, CULTURAL, AND SOCIAL CENTER OF THE COMMUNITY; TO EDUCATE THE COMMUNITY ON THE UNIQUE ASSETS AND HISTORICAL SIGNIFICANCE OF THE DOWNTOWN AREA; AND TO MANAGE THE DEVELOPMENT AND IMPROVEMENT OF THESE ASSETS.

Revisions to this organization profile

November 10, 2025:
2025 Downtown Sanford Inc. 990 filed
November 14, 2024:
2024 Downtown Sanford Inc. 990 filed
November 27, 2023:
2023 Downtown Sanford Inc. 990 filed

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