2024-08-14T16:07:50-04:00 2023-09-30 521373858 DELEON & STANG CPAS AND ADVISORS 150 S EAST ST STE 103 FREDERICK MD 217016175 990 2022-10-01 311795776 WASHINGTON DC ECONOMIC PARTNERSHIP WASH 2026618670 1495 F ST NW WASHINGTON DC 20004 DEREK FORD PRESIDENT & CEO 2026618670 2024-07-18 true false CLINT LEHMAN CPA P00840525 3012507400 2024-08-14 2022 2024-08-08 14:25:15Z WDCEP DEREK FORD 1495 F ST NW WASHINGTON DC 20004 4500363 false X WWW.WDCEP.COM X 2001 DC THE WASHINGTON, DC ECONOMIC PARTNERSHIP IS A PUBLIC-PRIVATE ORGANIZATION DEDICATED TO EXPANDING COMMERCE IN THE DISTRICT OF COLUMBIA. THE PARTNERSHIP IS AT THE FOREFRONT OF ATTRACTING NEW BUSINESS AND PROVIDING SERVICES TO GROWTH COMPANIES WITHIN THE DISTRICT. IT IS THE RECOGNIZED LEADER IN FORGING BUSINESS RELATIONSHIPS AMONG CORPORATE, CIVIC AND GOVERNMENT SECTORS THAT STRENGTHEN THE ECONOMIC VITALITY OF WASHINGTON, DC. ITS 501(C)(3) STRUCTURE EMPOWERS THE PARTNERSHIP TO COLLABORATE WITH ALL CONSTITUENT FACTORS IMPACTING SITE SELECTION, JOB CREATION AND COMMUNITY DEVELOPMENT AND IS PARTICULARLY COMMITTED TO IMPROVING UNDERSERVED AND EMERGING NEIGHBORHOODS. THROUGH ITS BEST-IN-CLASS RESEARCH AND MARKETING CAPABILITIES, THE WASHINGTON, DC ECONOMIC PARTNERSHIP FACILITATES GROWTH OPPORTUNITIES BY SHOWCASING INNOVATIVE COMMUNITIES, MENTORING TECHNOLOGY STARTUPS AND BRINGING TOGETHER THE INTERESTS OF RETAIL, MIXED-USE, PROFESSIONAL SERVICES AND COMMERCIAL DEVELOPMENT TO WASHINGTON, DC. 31 31 18 31 0 3262770 3697453 687901 784717 268 76 21001 18117 3971940 4500363 0 0 1548204 1899489 0 0 2464478 2244625 4012682 4144114 -40742 356249 1470520 3445803 1261047 2880081 209473 565722 X THE WASHINGTON, DC ECONOMIC PARTNERSHIP IS A PUBLIC-PRIVATE ORGANIZATION DEDICATED TO EXPANDING COMMERCE IN THE DISTRICT OF COLUMBIA. false false 2212194 784717 BUSINESS ATTRACTION, RETENTION, & EXPANSION BUSINESS RETENTION, EXPANSION, AND ATTRACTION (BREA) ACTIVITIES ARE FOUNDATIONAL FOR SUCCESSFUL ECONOMIC DEVELOPMENT. WDCEP'S BREA PROGRAMMING SUPPORTS THE DISTRICT'S ECONOMIC DEVELOPMENT STRATEGY(S) BY DIRECTLY TARGETING SPECIFIC VISION AND GOALS SUCH AS CREATING NEW JOBS IN HIGH- GROWTH SECTORS, ELIMINATING KEY AMENITY GAPS ACROSS ALL NEIGHBORHOODS (E.G. RETAIL ATTRACTION), NURTURING HIGH-GROWTH SECTORS BY ATTRACTING INVESTMENT AND SUPPORTING INNOVATION CLUSTERS, AND SUPPORTING AN URBAN CENTER THAT IS A DESTINATION OF CHOICE FOR INNOVATORS, JOB CREATORS, AND VISITORS. 843713 MARKETING & PR WDCEP POSITIONS AND PROMOTES BUSINESS OPPORTUNITIES FOR THE PURPOSES OF ATTRACTING, RETAINING, AND EXPANDING BUSINESSES IN THE DISTRICT. THIS INCLUDES IMPLEMENTING A CONSISTENT, INTEGRATED MARKETING AND COMMUNICATIONS STRATEGY TO PROMOTE THE DISTRICT AS A PREMIER LOCATION TO DO BUSINESS AND GENERATE NEW BUSINESS ATTRACTION, RETENTION, AND EXPANSION LEADS. MARKETING EFFORTS SUPPORT THE DISTRICT'S ECONOMIC DEVELOPMENT STRATEGY(S) BY FOCUSING ON KEY "VISION THEMES" SUCH AS A DESTINATION OF CHOICE FOR INNOVATORS, JOB CREATORS, AND VISITORS; A PLACE WHERE PEOPLE CHOOSE TO LIVE, WORK, VISIT, AND THRIVE; AND THE DISTRICT'S VIBRANT NEIGHBORHOODS. 260736 ECONOMIC & MARKET INTELLIGENCE WDCEP PROVIDES FREE FOUNDATIONAL ECONOMIC DATA TOOLS AND INTERACTIVE ONLINE CONTENT TO PROVIDE HIGH-QUALITY DATA AND ECONOMIC ANALYSIS TO THE LOCAL AND NATIONAL BUSINESS COMMUNITY. INTERACTIVE CONTENT (E.G. ECONOMIC DEVELOPMENT MAPS) PROVIDES CRITICAL INSIGHT AND ANALYSIS INTO VARIOUS BUSINESS RESOURCES AND ESSENTIAL INDUSTRIES TO ATTRACT, RETAIN, AND EXPAND BUSINESSES IN THE DISTRICT. 43251 RETAIL DEVELOPMENT - EXPENSES ATTRIBUTED TO RETAIL DEVELOPMENT ARE INCURRED TO ATTRACT RETAILERS TO LOCATE IN WASHINGTON, DC'S DOWNTOWN COMMERCIAL DISTRICTS AND NEIGHBORHOOD AREAS. 43251 3359894 true true false false false false false false false false true false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 14 0 true 18 true false false false false false false false false X 31 31 false false false false false false false true true false false true true true true true true true false false X WDCEP 2026618670 1495 F ST NW WASHINGTON DC 20004 KEITH SELLARS PRESIDENT & 40.00 X X 196709 0 27777 CHAD SHUSKEY INTERIM PRES 40.00 X X 157594 0 29427 DEREK FORD PRESIDENT & 40.00 X X 127677 0 20579 PRAYAS NEUPANE BUSINESS DIR 40.00 X 116559 0 17104 JEZANIAH KLINE MARKETING DI 40.00 X 110497 0 22512 JONATHON KOUDELKA PEOPLE & OPE 40.00 X 107803 0 18155 JOHN MORGAN TECH SECTOR 40.00 X 102311 0 18416 CHRISTOPHER ARABIA DIRECTOR 1.00 X 0 0 0 JOSEPH ASKEW DIRECTOR 1.00 X 0 0 0 JACK BOARMAN DIRECTOR 1.00 X 0 0 0 KRISTINA BOUWEIRI DIRECTOR 1.00 X 0 0 0 STEVE BOYLE DIRECTOR 1.00 X 0 0 0 JEAN-LUC BRAMI DIRECTOR 1.00 X 0 0 0 ANITA BUTANI VICE CHAIR 1.00 X X 0 0 0 OLIVIA BYRNE GENERAL COUN 1.00 X X 0 0 0 DANIEL CARR DIRECTOR 1.00 X 0 0 0 DONNA COOPER CO CHAIR 1.00 X X 0 0 0 COLETTE DAFOE DIRECTOR 1.00 X 0 0 0 LIZ DEBARROS DIRECTOR 1.00 X 0 0 0 JOSH ETTER DIRECTOR 1.00 X 0 0 0 JENNIFER EUGENE DIRECTOR 1.00 X 0 0 0 AILEEN FUCHS DIRECTOR 1.00 X 0 0 0 ANGIE GATES DIRECTOR 1.00 X 0 0 0 ROSLYN HOPKINS-FERNANDES DIRECTOR 1.00 X 0 0 0 STANLEY JACKSON DIRECTOR 1.00 X 0 0 0 CAROLINE KENNEY SECRETARY 1.00 X X 0 0 0 RICHARD LAKE CO CHAIR EME 1.00 X X 0 0 0 OMAR MCINTOSH DIRECTOR 1.00 X 0 0 0 MICHAEL MCPHILLIPS DIRECTOR 1.00 X 0 0 0 KRISTINA NOELL DIRECTOR 1.00 X 0 0 0 MICHAEL O'HARA DIRECTOR 1.00 X 0 0 0 ALTMANN PANNELL DIRECTOR 1.00 X 0 0 0 HAILEY FLEMING PATEL DIRECTOR 1.00 X 0 0 0 WILLIAM RICH DIRECTOR 1.00 X 0 0 0 TARA SCANLON DIRECTOR 1.00 X 0 0 0 SHAWN SEAMAN DIRECTOR 1.00 X 0 0 0 TIMOTHY VEITH TREASURER 1.00 X X 0 0 0 MITCH WEINTRAUB DIRECTOR 1.00 X 0 0 0 919150 153970 7 false true false HICKEY GLOBAL ECONOMIC DEVELOPMENT CONSULTING 125 PARK AVENUE 25TH FLOOR NEW YORK NY 10017 CONSULTING 243667 SAHARA LAS VEGAS 2535 S LAS VEGAS BLVD LAS VEGAS NV 89109 LODGING 119063 ELEVATION 3D 905 HARTFORD TURNPIKE SHREWSBURY MA 01545 MARKETING 110353 3 3672453 25000 3697453 SPONSORSHIP INCOME 900099 784717 784717 784717 76 76 OTHER INCOME 900099 18117 18117 18117 4500363 18117 784793 354303 298904 55399 1205833 1017337 188496 58104 49021 9083 161527 136276 25251 119722 101006 18716 140502 73081 67421 339795 176742 163053 13565 2315 11250 261112 249837 11275 408732 373045 35687 86186 74894 11292 812419 705980 106439 2407 2407 117789 90864 26925 30693 5234 25459 PAYROLL PORCESSING FEES 16859 2874 13985 DUES & SUBSCRIPTIONS 12230 2085 10145 BANK FEES 3657 624 3033 MISCELLANEOUS -1321 -225 -1096 4144114 3359894 784220 0 644835 856965 97939 32156 1500 28000 68408 78941 1381771 841722 657838 540049 1909692 1470520 3445803 271675 240222 465109 249855 524263 2390004 1261047 2880081 X 209473 565722 209473 565722 1470520 3445803 356249 X false true X true false X 3198012 2404651 4463049 3262770 3697453 17025935 3198012 2404651 4463049 3262770 3697453 17025935 17025935 70 1099 2233 268 76 3746 25002 445950 687901 784717 1943570 18973251 53285 0.89740 0.93410 X PART II, LINE 10 1,158,853 SUPPLEMENTAL INFORMATION THE 1,158,853 ABOVE IS COMPRISED OF THE CUMULATIVE TOTAL BELOW FROM THE FOLLOWING PREVIOUS YEARS' FORM 990. PART II, LINE 10 2019 - OTHER INCOME, 25,002 2020 - OTHER INCOME, 445,950 2021 - OTHER INCOME, 687,901 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 708687 236335 472352 673084 605387 67697 540049 OPERATING LEASE LIABILITY 2390004 2390004 X 4593961 93598 93598 4500363 4500363 4237712 93598 93598 4144114 4144114 SCHEDULE D, PAGE 3, PART X THE PARTNERSHIP COMPLIES WITH THE PROVISIONS OF THE FASB ACCOUNTING STANDARDS CODIFICATION TOPIC ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. FOR THE YEAR ENDED SEPTEMBER 30, 2023, NO UNRECOGNIZED TAX PROVISION OR BENEFIT EXISTS. THE PARTNERSHIP IS EXEMPT FROM FEDERAL INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. THE PARTNERSHIPS TAX RETURNS MAY BE SUBJECT TO AUDIT FOR THE THREE YEARS AFTER FILING; HENCE, THE PARTNERSHIPS TAX RETURNS FOR THE YEARS 2020 AND ONWARD ARE OPEN TO TAX EXAMINATION. X X X false false false false false false false false false KEITH SELLARS PRESIDENT & CEO 196709 12051 15726 224486 CHAD SHUSKEY INTERIM PRESIDENT 157594 9780 19647 187021 FORM 990, PAGE 2, PART III, LINE 4D RETAIL DEVELOPMENT - EXPENSES ATTRIBUTED TO RETAIL DEVELOPMENT ARE INCURRED TO ATTRACT RETAILERS TO LOCATE IN WASHINGTON, DC'S DOWNTOWN COMMERCIAL DISTRICTS AND NEIGHBORHOOD AREAS. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE PRESIDENT OF THE ORGANIZATION, THE DIRECTOR OF OPERATIONS AND CORDIA PARTNERS FOR ACCURACY. THE BOARD IS PROVIDED WITH ACCESS TO FORM 990 PRIOR TO FILING FOR QUESTIONS AND COMMENTS. FORM 990, PAGE 6, PART VI, LINE 12C EACH BOARD MEMBER SIGNS THE CONFLICT OF INTEREST FORM EVERY FISCAL YEAR. OUR STAFF MONITORS ALL OF THE COMPANIES REPRESENTED BY THE BOARD USING SOCIAL MEDIA. FORM 990, PAGE 6, PART VI, LINE 15A THE PRESIDENT REPORTS DIRECTLY TO THE EXECUTIVE COMMITTEE; THE COMMITTEE IS RESPONSIBLE FOR ALL ANNUAL PERFORMANCE REVIEWS AND OVERSIGHT OF PRESIDENT'S DUTIES. THE EVALUATION IS BASED UPON MUTUALLY AGREED TO BENCHMARKS AND PERFORMANCE STANDARDS SET BY THE PRESIDENT AND THE EXECUTIVE COMMITTEE. THE PERFORMANCE BENCHMARKS INCLUDE ADMINISTRATIVE MATTERS, BUDGET OVERSIGHT, WORK PROGRAM DEVELOPMENT, FUNDRAISING, EXTERNAL PARTNERSHIPS, STRATEGIC PLANNING, WDCEP BRANDING, AND BOARD DEVELOPMENT. FORM 990, PAGE 6, PART VI, LINE 19 WDCEP MAKES GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.