Mission
COMMUNITY DEVELOPMENT
Public Charity
DOWNTOWN REVITALIZATION & IMPROVEME
DOWNTOWN REVITALIZATION & IMPROVEME is a Public Charity headquartered in NEWPORT, AR. Financial data from the 2025 filing: $189K revenue, $212K expenses, $505K total assets.
EIN: 201852804
NEWPORT, AR
Economic Development
NTEE: S30
Latest filing: 2025
Total Revenue$189K
Total Expenses$212K
Total Assets$505K
Grant Records0
Filing Years2020–2025
Where $100 goes at Downtown Revitalization & Improveme
How Downtown Revitalization & Improveme divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
Downtown park development
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
CHAIR
Jim Gowen Sr
CO-CHAIR
Jon Chadwell
TREASURER
Julie Allen
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $189K | $212K | $505K |
| 2024 | $294K | $266K | $528K |
| 2023 | $466K | $272K | $500K |
| 2022 | $213K | $229K | $306K |
| 2020 | $178K | $129K | $314K |
Between 2020 and 2025, reported annual revenue grew from $178K to $189K (+6%), with total assets most recently reported at $505K.
Interactive year-over-year charts and full filing details available with membership.