Public Charity

DEVELOP NEW ALBANY INC

DEVELOP NEW ALBANY INC is a nonprofit organization categorized as Public Charity based in NEW ALBANY, IN. Its most recent IRS filing (2025) reports revenue of $237K, expenses of $220K, total assets of $184K. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $50K.

EIN: 351798806 NEW ALBANY, IN Latest filing: 2025
Total Revenue$237K
Total Expenses$220K
Total Assets$184K
Grant Records1
Funding Total$50K
Filing Years2021–2025

Mission

DEVELOP NEW ALBANY IS A MAIN STREET ORGANIZATION WHOSE PURPOSE IS THE HISTORIC PRESERVATION AND ECONOMIC REVITALIZATION OF DOWNTOWN NEW ALBANY, INDIANA

Where $100 goes at Develop New Albany Inc

How Develop New Albany Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$46 Programs the work itself
$54 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 $46 for programs

$46
Develop New Albany undertakes various activities to further its mission of preserving and revitalizing downtown New Albany
All 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.

Sample Grants Received

2025
ECONOMIC DEVELOPMENT
$50,000

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

DIRECTOR Brad Fair
DIRECTOR Bridget Gronotte
DIRECTOR Britni Knable
TREASURER Cameron Borne
REDEVELOPMENT DIRECTOR Claire Johnson
DIRECTOR Corrie Manning

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$50,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $237K $220K $184K
2024 $101K $117K $167K
2023 $76K $53K $184K
2022 $107K $113K $162K
2021 $85K $77K $175K

Between 2021 and 2025, reported annual revenue grew from $85K to $237K (+179%), with total assets most recently reported at $184K.

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

See the full picture for DEVELOP NEW ALBANY INC

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