2024-08-14T07:33:01-05:00 2023-09-30 471767422 TOOLE KATZ & ROEMERSMA LLP 1911 N FORT MYER DRIVE SUITE 600 ARLINGTON VA 22209 990 2022-10-01 205712546 CAPITOL RIVERFRONT BUSINESS IMPROVEMENT DISTRICT CAPI 2024657093 841 2ND ST SE WASHINGTON DC 20003 EMEKA MONEME PRESIDENT 2024657093 2024-08-14 1 0 ASHLEY GATES P01307540 7032489200 2022 2024-08-08 14:25:15Z EMEKA MONEME 841 2ND ST SE WASHINGTON DC 20003 4679100 0 X WWW.CAPITOLRIVERFRONT.ORG X 2006 DC TO ENHANCE THE ECONOMIC STRENGTH AND VITALITY OF THE CAPITOL RIVERFRONT NEIGHBORHOOD. 27 27 32 0 0 0 1309642 1589720 2814331 3082938 1802 6442 0 0 4125775 4679100 0 0 0 0 1222821 1745099 0 0 0 2688643 2811229 3911464 4556328 214311 122772 2784952 3644475 1842270 2598625 942682 1045850 X THE ORGANIZATION IS DEDICATED TO MAKING THE CAPITOL RIVERFRONT CLEAN, SAFE, FRIENDLY, AND VIBRANT. THE BID SUPPORTS AND ENHANCES THE CAPITOL RIVERFRONT THROUGH THE FOLLOWING ACTIVITIES: CLEAN TEAMS; MARKETING, BRANDING AND SPECIAL EVENTS; ECONOMIC DEVELOPMENT AND OFFICE, RETAIL AND RESIDENTIAL ATTRACTION; COORDINATION WITH DECISION MAKERS AND ADVOCATING ON BEHALF OF THE ONGOING PUBLIC REALM, TRANSPORTATION ACCESS, INFRASTRUCTURE AND NEIGHBORHOOD IMPROVEMENTS AND COMMUNITY BUILDING. 0 0 1295958 CLEAN TEAM SERVICES: THE UNIFORMED STREET CLEAING TEAM REMOVES TRASH, WEEDS, GRAFFITI, SEDIMENT AND OTHER DEBRIS FROM THE STREETS AND SIDEWALKS ON A DAILY BASIS. THE ORGANIZATION HOSTS PUBLIC SAFETY MEETINGS WITH PROPERTY OWNERS TO ADDRESS THE LOCAL SAFETY CONCERNS. THE BID PROVIDES MAINTENANCE, PROGRAMMING AND SECURITY SERVICES FOR TWO PARKS IN THE CAPITOL RIVERFRONT. 984725 MARKETING, BRANDING, AND PUBLIC RELATIONS: THE BID MARKETS AND PROMOTES THE CAPITOL RIVERFRONT NEIGHBORHOOD AS A UNIQUE DESTINATION CHARACTERIZED BY A MIX OF USES, HIGH QUALITY ASSETS, AND A HIGH QUALITY PUBLIC REALM - A NEW BUSINESS CENTER, URBAN NEIGHBORHOOD, RETAIL AND ENTERTAINMENT CENTER, AND REGIONAL WATERFRONT DESTINATION WITH ACCESS TO PARKS AND THE RIVER - WHICH WORK TOGETHER TO CREATE A SPECIAL PLACE. IN ADDITION, THE BID DEVELOPS MATERIALS INCLUDING BROCHURES, MAPS, WEBSITE, VIDEO AND OTHERS, THAT HELP PROMOTE THE AREA AND PROVIDES AN INFORMATION CLEARINGHOUSE ON ALL CURRENT AND FUTURE CAPITOL RIVERFRONT AREA ACTIVITIES, DEVELOPMENT PROJECTS, AND TRENDS IN THE MARKETPLACE. 966292 966262 YARDS PARK: THE ORGANIZATION MANAGES, PROGRAMS AND MAINTAINS YARDS PARK, A 5.4-ACRE AWARD WINNING PARK ON THE BANKS OF THE ANACOSTIA RIVER. YARDS PARK IS A PREMIER WATERFRONT DESTINATION, PROVIDING GREEN SPACE AND WATER FEATURES FOR ALL TO ENJOY. YARDS PARK IS AN IDEAL PLACE FOR RECREATION AND SPECIAL EVENTS FOR THE CAPITOL RIVERFRONT COMMUNITY. 473822 233708 CANAL PARK: THE HEART OF CAPITOL RIVERFRONT IS A 3 ACRE NEIGHBORHOOD-CENTRIC PARK THAT OPENED IN 2012 AS A MODEL OF SUSTAINABLE DESIGN FOR AN OUTDOOR SPACE. THE PARK IS HOME TO SEASONAL EVENTS, DANCING FOUNTAINS IN THE WARMER MONTHS, AND ICE SKATING IN THE WINTER. 733019 ECONOMIC DEVELOPMENT: THE ORGANIZATION WORKS WITH DC AGENCIES AND PROPERTY OWNERS TO ASSURE THAT THE CAPITOL RIVERFRONT'S BASIC INFRASTRUCTURE NEEDS ARE MET, INCLUDING STREET AND SIDEWALK REPAIR, UTILITY UPGRADES, TRAFFIC CIRCULATION, TRANSIT ACCESS, AND PARKING MANAGEMENT. IN ADDITION, THE ORGANIZATION WORKS TO IMPROVE THE AREA'S LANDSCAPING, STREET FURNITURE, AND SIGNAGE WHICH SUPPORTS A HIGH QUALITY PUBLIC REALM AND NEIGHBORHOOD DEVELOPMENT. THE ORGANIZATION ALSO WORKS WITH PROPERTY OWNERS AND OTHER ENTITIES ON BUSINESS ATTRACTION EFFORTS THAT INCLUDE ATTRACTING OFFICE TENANTS TO THIS SUBMARKET, ATTRACTING NEIGHBORHOOD-SUPPORT RETAIL AND RESTAURANTS TO THE CAPITOL RIVERFRONT, ATTRACTING RESIDENTS TO THE RESIDENTIAL OFFERINGS IN THE NEIGHBORHOOD (APARTMENTS, CONDOS, COOPS, AND TOWNHOMES), AND WORKING WITH THE DC GOVERNMENT AND PROPERTY OWNERS TO FACILITATE THE CONSTRUCTION OF PROPOSED PARKS, OPEN SPACES AND THE ANACOSTIA RIVERWALK TRAIL SYSTEM. 1206841 233708 4453816 0 0 0 1 0 0 0 0 1 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 28 0 1 32 1 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X EMEKA MONEME 2024657093 841 2ND ST SE WASHINGTON DC 20003 BRAD FENNELL CHAIRMAN 1.00 X X 0 0 0 JOHN BEINART VOTING BOARD MEMBER 1.00 X 0 0 0 ADAM GOOCH TREASURER 1.00 X X 0 0 0 LARRY CLARK SECRETARY 1.00 X X 0 0 0 PAIGE GRZELAK VOTING BOARD MEMBER 1.00 X 0 0 0 DARYL JACKSON VOTING BOARD MEMBER 1.00 X 0 0 0 CHRISTOPHER MACARY VOTING BOARD MEMBER 1.00 X 0 0 0 SCOTT MOSELY VOTING BOARD MEMBER 1.00 X 0 0 0 MICHAEL TIDWELL VOTING BOARD MEMBER 1.00 X 0 0 0 JOHN BEGERT VOTING BOARD MEMBER 1.00 X 0 0 0 MATTHEW MARTORANA VOTING BOARD MEMBER 1.00 X 0 0 0 VICKI DAVIS VOTING BOARD MEMBER 1.00 X 0 0 0 MATT JOHNSON VOTING BOARD MEMBER 1.00 X 0 0 0 RUTH HUANG VOTING BOARD MEMBER 1.00 X 0 0 0 SHAWN KYLE VOTING BOARD MEMBER 1.00 X 0 0 0 TOBY MILLMAN VOTING BOARD MEMBER 1.00 X 0 0 0 MIKE CURTIN VOTING BOARD MEMBER 1.00 X 0 0 0 DONNA COOPER VOTING BOARD MEMBER 1.00 X 0 0 0 PATRICK EDMOND VOTING BOARD MEMBER 1.00 X 0 0 0 MEREDITH FASCETT VOTING BOARD MEMBER 1.00 X 0 0 0 ANITA JACKSON VOTING BOARD MEMBER 1.00 X 0 0 0 GAIL KENSON VOTING BOARD MEMBER 1.00 X 0 0 0 GREGORY MCCARTHY VOTING BOARD MEMBER 1.00 X 0 0 0 MUSTAFA POPAL VOTING BOARD MEMBER 1.00 X 0 0 0 BRIAN READY VOTING BOARD MEMBER 1.00 X 0 0 0 TREY SHERARD VOTING BOARD MEMBER 1.00 X 0 0 0 REBECCA SOHMER VOTING BOARD MEMBER 1.00 X 0 0 0 TED JUTRAS VP, PLANNING AND DEVELOPME 40.00 X 147846 0 21897 BONNIE TREIN VP, MARKETING & OPERATIONS, CHIEF OF STAFF 40.00 X 128269 0 11613 EMEKA MONEME PRESIDENT 40.00 X 0 0 0 MICHAEL STEVENS PRESIDENT (FORMER) 40.00 X 294497 0 26590 570612 0 60100 3 1 1 0 PROSOURCING PARTNERS LLC DBA CORDIA PAR 8330 BOONE BLVD SUITE 350 VIENNA VA 22182 ACCOUNTING & CONSULTING 179056 WC SMITH 1100 NEW JERSEY AVE SE 1000 WASHINGTON DC 20003 PROPERTY MANAGEMENT 101918 2 1545173 44547 1589720 BID ASSESSMENT 900099 3030437 3030437 EVENT REVENUE 900099 52501 52501 3082938 6442 6442 4679100 3082938 0 6442 X 1340064 323029 82006 95129 78366 794796 115861 120297 104766 26266 22512 118543 108992 CLEANING CONTRACT AND P 952463 PUBLIC REALM 184263 TELEPHONE 37297 DUES AND SUBSCRIPTIONS 21140 30538 4556328 1583285 1962187 429335 400333 24098 34583 1044387 290176 743909 754211 4325 2927 0 490234 2784952 3644475 665212 265673 1087230 1393738 89828 939214 1842270 2598625 X 942682 1045850 942682 1045850 2784952 3644475 122772 -19604 0 X X 0 1 X 1 0 0 1 0 187500 187500 187500 187500 187500 187500 187500 187500 187500 187500 1.00000 0 0 255958 207678 48280 788429 82498 705931 754211 RIGHT-OF-USE ASSET 490234 490234 LEASE LIABILITY 939214 939214 4679100 0 4679100 0 4679100 4556328 0 4556328 0 4556328 INTENDED USES OF THE ORGANIZATION ENDOWMENT FUNDS THE BOARD DESIGNATED NET ASSETS ARE INTENDED FOR PARK RESERVES ($187,500). PART X, LINE 2 THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. HOWEVER, THE ORGANIZATION IS LIABLE FOR INCOME TAXES ON ANY UNRELATED BUSINESS INCOME. THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEAR ENDED SEPTEMBER 30, 2023. THE INCOME TAXES TOPIC OF THE FASB'S ASC PROVIDES GUIDANCE FOR PRIVATELY HELD COMPANIES ON THE ACCOUNTING FOR ALL MATERIAL TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, ON ANY INCOME TAX RETURN FILED, OR THAT SHOULD HAVE BEEN FILED, WITH LOCAL, STATE, AND FEDERAL TAXING AUTHORITIES, INCLUDING TREATMENT OF POSITIONS THAT ONLY HAVE TIMING CONSEQUENCES. THE ORGANIZATION HAS EVALUATED ITS TAX POSITIONS AND HAS DETERMINED THAT AS OF SEPTEMBER 30, 2023, NO MATERIAL UNCERTAIN TAX POSITIONS EXIST AS DEFINED UNDER THIS ASC TOPIC. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS IN ADMINISTRATIVE EXPENSES. FOR THE YEAR ENDED SEPTEMBER 30, 2023, THE ORGANIZATION HAS NOT RECOGNIZED ANY INTEREST OR PENALTIES. THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL STATE OR LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE YEARS BEFORE THE FISCAL YEAR ENDED SEPTEMBER 30, 2020. THE ORGANIZATION IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. X X X X X 0 0 0 MICHAEL STEVENS PRESIDENT (FORMER) 294497 0 0 0 0 0 0 0 26590 0 321087 0 0 0 TED JUTRAS VP, PLANNING AND DEVELOPME 147846 0 0 0 0 0 0 0 21897 0 169743 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS CONSIST OF PROPERTY OWNERS WITHIN THE BUSINESS IMPROVEMENT DISTRICT. THE MEMBERS ARE INVITED TO THE ANNUAL MEETING AT WHICH TIME THE GOVERNING BODY IS ELECTED. PAYING BID TAX MEMBERS ARE ELIGIBLE TO VOTE IN THESE ELECTIONS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS SHALL HOLD SEPARATE ELECTIONS TO ELECT EACH CLASS OF DIRECTORS. ELECTIONS WILL BE HELD ANNUALLY. FORM 990, PART VI, SECTION A, LINE 7B THE ORGANIZATION'S MEMBERS APPROVE CERTAIN DECISIONS OF THE BOARD INCLUDING CHANGES TO ITS ORGANIZATIONAL DOCUMENTS AND INCREASES IN BID TAX ASSESSMENTS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE AND APPROVED, AND THE FULL BOARD IS GIVEN A COPY TO REVIEW FOR COMMENT BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT REQUIRES ANNUAL ATTESTING OF COMPLIANCE BY EVERY BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE ORGANIZATION'S PRESIDENT IS DETERMINED BY THE EXECUTIVE COMMITTEE USING SALARY SURVEYS OF SIMILAR ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST THE ORGANIZATION'S FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC THROUGH PUBLICATIONS IN THE FORM OF AN ANNUAL REPORT WHICH IS DISTRIBUTED TO THE PUBLIC UPON REQUEST OR CAN BE FOUND ON THE ORGANIZATION'S WEBSITE. FORM 990, PART IX, LINE 11G CONTRACTORS & CONSULANTS 794,796. FORM 990, PART XII, LINE 2C: THE PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR. YARD PARK LLC 1100 NEW JERSEY AVENUE SE WASHINGTON DC 20003 273233743 MAINTENANCE DC 0 0 CRBID CR PARKS FOUNDATION 1100 NEW JERSEY AVENUE SE WASHINGTON DC 20003 820777711 MAINTENANCE DC 0 0 CRBID SCHEDULE R, PART I YARDS PARK LLC IS A SINGLE MEMBER LLC, THAT IS RELATED THROUGH COMMON BOARD MEMBERS WITH THE CAPITOL RIVERFRONT BUSINESS IMPROVEMENT DISTRICT (THE ORGANIZATION); IT IS CONSOLIDATED WITH THE ORGANIZATION FOR AUDIT PURPOSES, BUT DISREGARDED FOR TAX PURPOSES. THE NATURE OF ITS ACTIVITIES ARE TO PROVIDE CLEANING, SAFETY, SECURITY, AND MAINTENANCE SERVICES, AND EVENT PROGRAMMING TO THE YARDS PARK WHICH IS WITHIN THE BOUNDARIES OF THE ORGANIZATION.