Public Charity

BOLIVAR DOWNTOWN DEVELOPMENT

BOLIVAR DOWNTOWN DEVELOPMENT, of BOLIVAR, TN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $1.1M in revenue, $462K in expenses, $3.5M in total assets.

EIN: 260389989 BOLIVAR, TN Economic Development NTEE: S30 Latest filing: 2025
Total Revenue$1.1M
Total Expenses$462K
Total Assets$3.5M
Grant Records0
Filing Years2020–2025

Mission

PROMOTE THE REDEVELOPMENT OF DOWNTOWN BOLIVAR, TN

Where $100 goes at Bolivar Downtown Development

How Bolivar Downtown Development divides every $100 it spends, from its own Form 990 filings, averaged across 7 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

$50
Continued investment in the businessess and real estate of downtown Bolivar
About 50% (cost not reported)
$50
Continued investment in the businessess and real estate of downtown Bolivar
50% of program spending
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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

VICE CHAIR Bobby Sain
BOARD MEMBER Calvin Howell
BOARD MEMBER Darrell Teubner
TREASURER Jac Belet
BOARD MEMBER Julian Mctizic
BOARD MEMBER Michael Miller

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $1.1M $462K $3.5M
2024 $1.0M $538K $2.9M
2023 $1.0M $445K $2.4M
2021 $841K $247K $1.8M
2020 $872K $314K $1.8M

Between 2020 and 2025, reported annual revenue grew from $872K to $1.1M (+24%), with total assets most recently reported at $3.5M.

Interactive year-over-year charts and full filing details available with membership.

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