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Downtown Development Unlimited Inc

EIN 72-1470971 · New Orleans, LA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood81 out of 100GovernanceFair62 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

DOWNTOWN DEVELOPMENT UNLIMITED IS A NON-PROFIT ORGANIZATION ESTABLISHED TO PROMOTE A PROGRESSIVE AND DYNAMIC CENTRAL DOWNTOWN AND TO PRESERVE AND EXPAND CENTRAL DOWNTOWN AS A REGIONAL BUSINESS SHOPPING AREA.

Income
$135,797
Spending
$75,300
Spent on programs
100%
Reserves
72.4 months of spending
Largest source of income
government grants, 100%
Employees
0

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 81 out of 100. Higher than 63% of charities in its peer group (community improvement, under $250k).

  • Reserves

    35 of 35

    Spendable reserves would cover 72.4 months of spending.

  • Debt

    16 of 20

    It owes 29% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 45% of income.

  • Income trend

    0 of 15

    Income fell 73% on the year before.

  • Spending floor

    15 of 15

    100% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 62 out of 100. Higher than 40% of charities in its peer group (community improvement, under $250k).

  • Independent board

    25 of 25

    5 of 5 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. FACADE IMPROVEMENT MICRO GRANT PROGRAM - IMPROVE EXTERIOR OF THE PUBLIC
  2. $75,300 spent. FACADE IMPROVEMENT MICRO GRANT PROGRAM - IMPROVE EXTERIOR OF THE PUBLIC REALM BY INSTALLING LIGHTING AND OTHER IMPROVEMENTS ON PRIVATELY-OWNED PROPERTIES THAT ENHANCE CURB APPEAL AND SAFETY THROUGHOUT THE DISTRICT. BIO-MEDICAL DISTRICT BEAUTIFICATION-STRENGTHEN THE BRAND IDENTITY AND CURB APPEAL OF THIS PRIORITY EMPLOYMENT AREA THROUGH BEAUTIFICATION PROJECTS SUCH AS PUBLIC ART, STREETSCAPE IMPROVEMENTS, AND SIGNAGE.
  3. FACADE IMPROVEMENT MICRO GRANT PROGRAM - IMPROVE EXTERIOR OF THE PUBLIC REALM BY INSTALLING LIGHTING AND OTHER IMPROVEMENTS ON PRIVATELY-OWNED PROPERTIES THAT ENHANCE CURB APPEAL AND SAFETY THROUGHOUT THE DISTRICT. BIO-MEDICAL DISTRICT BEAUTIFICATION-STRENGTHEN THE BRAND IDENTITY AND CURB APPEAL OF THIS PRIORITY EMPLOYMENT AREA THROUGH BEAUTIFICATION PROJECTS SUCH AS PUBLIC ART, STREETSCAPE IMPROVEMENTS, AND SIGNAGE.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since October 2000.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

  7. Could it be confused with another charity? Worth knowing.

    A much larger organization has a similar name: Unlimited Development Inc (Galesburg, IL), EIN 36-4094409. If that is the one you meant, check the EIN before giving.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.