Mission
OWNERSHIP AND MANAGEMENT OF SUPPORTIVE HOUSING FOR THE ELDERLY.
Public Charity
DOWNTOWN DEVELOPMENT CORPORATION
DOWNTOWN DEVELOPMENT CORPORATION, of RUTLAND, VT, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $586K in revenue, $486K in expenses, $849K in total assets.
EIN: 237384193
RUTLAND, VT
Senior Citizens Housing & Retirement Communities
NTEE: L22
Latest filing: 2025
Total Revenue$586K
Total Expenses$486K
Total Assets$849K
Grant Records0
Filing Years2021–2025
Where $100 goes at Downtown Development Corporation
How Downtown Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$83
Programs
the work itself
$17
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 $83 for programs
$83
The organization provides housing for the elderly at parker house, a 46-unit apartment building
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
Member
Andy Paluch
Member
Casey Mcneil
Treasurer/Sec
Eddie Ryan
President
Jadziah Derosia
Vice President
Joe Kraus
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $586K | $486K | $849K |
| 2024 | $556K | $455K | $846K |
| 2023 | $546K | $452K | $851K |
| 2022 | $520K | $451K | $850K |
| 2021 | $505K | $445K | $884K |
Between 2021 and 2025, reported annual revenue grew from $505K to $586K (+16%), with total assets most recently reported at $849K.
Interactive year-over-year charts and full filing details available with membership.