2025-06-16T15:23:20-05:00 2024-09-30 471767422 TOOLE KATZ & ROEMERSMA LLP 1911 N FORT MYER DRIVE SUITE 600 ARLINGTON VA 22209 990 2023-10-01 522057370 GOLDEN TRIANGLE BUSINESS IMPROVEMENT DISTRICT CORPORATION GOLD 2024633400 1120 CONNECTICUT AVENUE NW 260 WASHINGTON DC 20036 OWEN BILLMAN CHAIR OF THE BOARD 2024633400 2025-06-16 1 0 ASHLEY GATES P01307540 7032489200 2023 2025-03-06 01:10:19Z OWEN BILLMAN 1120 CONNECTICUT AVENUE NW 260 WASHINGTON DC 20036 7988026 0 X WWW.GOLDENTRIANGLEDC.COM X 1997 DC TO PROVIDE A CLEAN, SAFE, VIBRANT NEIGHBORHOOD AND TO RETAIN AND ATTRACT BUSINESSES. 20 20 21 0 0 0 1348169 934418 5767624 6577221 277176 476387 0 0 7392969 7988026 0 0 0 0 2231946 2648345 0 0 0 4416537 4643245 6648483 7291590 744486 696436 14876754 14810631 5893121 5130562 8983633 9680069 X TO ENHANCE THE ECONOMIC VITALITY OF THE GOLDEN TRIANGLE BID BY PROVIDING PUBLIC SPACE ENHANCEMENTS, MAINTENANCE, EVENTS AND OTHER SERVICES TO THE MEMBERS OF THE GOLDEN TRIANGLE BID. 0 0 1979945 AMBASSADOR - THE GOLDEN TRIANGLE AMBASSADORS CLEAN THE NEIGHBORHOOD'S PUBLIC SPACES, PARKS, AND STREET AMENITIES. THE AMBASSADORS CREATE A SENSE OF SAFETY AND KEEP THE NEIGHBORHOOD STREETS CLEAN AND GOLDEN. 1037348 SAFETY, CONTINUITY, AND OUTREACH - THE BID WORKS IN PARTNERSHIP WITH LOCAL SOCIAL SERVICE PROVIDERS TO HELP TRANSITION HOMELESS INDIVIDUALS INTO HOUSING AND TO PROVIDE NECESSARY SERVICES. SAFETY SPECIALISTS HAVE BEEN ADDED TO CREATE A SAFETY PRESENCE, BUILD RELATIONSHIPS WITH PROPERTIES AND RETAILERS, AND REPORT AND RESPOND TO INCIDENTS. 1113941 PUBLIC SPACE IMPROVEMENTS - THE ORGANIZATION WORKS WITH LOCAL AND FEDERAL AGENCIES TO IMPROVE THE PUBLIC SPACES OF THE GOLDEN TRIANGLE THROUGH PUBLIC ART, LANDSCAPING, RAIN GARDENS, AND STREET FURNITURE. THE BID OBTAINS GRANTS TO FUND PURCHASES WHERE POSSIBLE. THE ORGANIZATION PURCHASES PHYSICAL IMPROVEMENTS AND DEPLOYS THEM THROUGHOUT THE BID. PHYSICAL IMPROVEMENT EXPENDITURES ARE EXPENSED AS INCURRED. THE BID DOES NOT OWN OR USE THESE ASSETS IN ITS OPERATIONS; RATHER, THEY ARE PROVIDED FOR THE BENEFIT OF THE GENERAL PUBLIC INSIDE THE BID ZONE. 1029009 COMMUNITY ACTIVITIES AND RECOVERY EFFORTS - THE ORGANIZATION WORKS TO PROVIDE VARIOUS PUBLIC SERVICES TO THE CONSTITUENTS OF THE BID, INCLUDING INDOOR AND OUTDOOR EVENTS, EXERCISE CLASSES, EMERGENCY PREPAREDNESS INITIATIVES, AND OTHER PROGRAMS. THE BID ALSO HELPS LOCAL, REGIONAL, AND NATIONAL RETAIL BUSINESSES FIND THE PERFECT DOWNTOWN LOCATION. AS ECONOMIC RECOVERY CONTINUES IN THE NEIGHBORHOOD, THE BID IS WORKING WITH THE DC GOVERNMENT TO DEVELOP A PLAN THAT REIMAGINES THE DOWNTOWN AND SETS FORWARD AN IMPLEMENTATION PLAN. THE BID HAS ALSO TAKEN A MORE ACTIVE ROLE IN MARKETING THE NEIGHBORHOOD, ACTIVATING PUBLIC SPACES TO ATTRACT WORKERS AND VISITORS, AND BRINGING IN ART INITIATIVES. 431075 MARKETING AND COMMUNICATIONS - THE BID WORKS TO CONVEY A PUBLIC IMAGE OF THE DISTRICT OF COLUMBIA AS A SAFE, CLEAN, ATTRACTIVE, AND WORLD-CLASS DESTINATION FOR BUSINESSES. AS WELL AS FOR GOVERNMENT INSTITUTIONS AND TOURISM. THE GOAL IS TO COMMUNICATE THE DIVERSITY AND VITALITY OF THE GOLDEN TRIANGLE BID AREA, ATTRACT TENANTS, ENCOURAGE A RETURN TO OFFICE AND TO SUPPORT BUSINESSES. 317966 INNOVATION DISTRICT - THE BID WORKS WITH GEORGE WASHINGTON UNIVERSITY, WASHINGTON D.C. GOVERNMENT, WASHINGTON D.C. ECONOMIC PARTNERSHIP ("WDCEP"), AND OTHER PARTNERS TO CREATE AN INNOVATION DISTRICT WITHIN THE GOLDEN TRIANGLE BOUNDARIES. THE INNOVATION DISTRICT IS BUILT OFF THE EXISTING PRESENCE OF THREE KEY TECH SECTORS IN MEDTECH, GOVTECH, AND EDTECH WHILE FOCUSING ON THE BROADER THEMES OF EQUITY, SOCIAL INNOVATION AND DIGITAL ENGAGEMENT. 1778050 5909284 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 1 1 0 0 1 38 0 21 1 0 0 0 0 0 0 0 0 X 20 20 1 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 DC X GOLDEN TRIANGLE BUSINESS IMPROVEMENT DISTRICT CORPORATION 2024633400 1120 CONNECTICUT AVENUE NW SUITE WASHINGTON DC 20036 OWEN BILLMAN CHAIR OF THE BOARD 1.00 X X 0 0 0 NICOLAS BELIARD BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 AMY BOWSER BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 JAMES E BRAWNER BOARD OF DIRECTOR MEMBER 1.00 X X 0 0 0 DAVID BUENO BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 OLIVER CARR BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 KATHRYN CLEMENT BOARD OF DIRECTOR MEMBER 1.00 X X 0 0 0 GARY COHEN BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 JEN CORREALE BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 BILL FEEKS BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 SCOTT MEAD BOARD OF DIRECTOR MEMBER 1.00 X X 0 0 0 FRANCISCO GONZALEZ BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 ERIC POSNER BOARD OF DIRECTOR MEMBER 1.00 X X 0 0 0 APRIL RICHARDSON BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 JAMES RICH BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 TANYA SEYFERT BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 DAVID TONEY BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 JEFFREY C UTZ BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 SEAN WARFIELD BOARD OF DIRECTOR MEMBER 1.00 X X 0 0 0 JUSTIN WALLER BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 JOHN POWELL CHIEF OF STAFF 40.00 X 153427 0 0 LEONA AGOURIDIS PRESIDENT/CEO 40.00 X 394256 0 0 DREW JUBERT VICE PRESIDENT 40.00 X 144576 0 0 WARD A HUFF ASSOCIATE DIRECTOR, MEMBER 40.00 X 108812 0 0 MICHAEL MANETTI DIRECTOR OF SECURITY & EME 40.00 X 110048 0 0 911119 0 0 5 0 1 0 BLOCK BY BLOCK 640 SOUTH FOURTH STREET SUITE 110 LOUISVILLE KY 40202 AMBASSADOR SERVICES 1805277 PATHWAYS TO HOUSING DC 101 Q STREET NE SUITE G WASHINGTON DC 20002 SAFETY, CONTINUITY & HOMELESS OUTREACH 224142 S3DC LLC 351 L ST SE WASHINGTON DC 20003 CONSULTING SERVICES 194545 VALERIE THEBERGE 1619 IRVING ST NE WASHINGTON DC 20018 DESIGNING SERVICES 120000 ELIZABETH YODER LLC 2417 N OTTAWA ST ARLINGTON VA 22205 TALENT RECRUITER 108600 5 934418 934418 MEMBERSHIP ASSESSMENTS 900099 6548895 6548895 OTHER INCOME 900099 28326 28326 6577221 476387 476387 7988026 6577221 0 476387 618024 1528922 88348 268366 144685 151599 70735 235358 119800 50829 76546 347391 135288 81643 AMBASSADOR 1665218 PUBLIC SPACE IMPROVEMEN 620610 SAFETY, CONTINUITY & HO 520645 COMMUNITY ACTIVITIES & 355287 212296 7291590 2868603 73847 9573404 12304688 255019 218357 96428 105574 1448272 625384 671839 822888 1411461 1285277 14876754 14810631 265932 388162 2789270 2216608 2837919 2525792 5893121 5130562 X 8983633 9680069 8983633 9680069 14876754 14810631 696436 0 X X 0 1 X 1 0 0 1 0 104288 78125 26163 604342 269903 334439 739642 277356 462286 822888 OPERATING LEASE RIGHT-OF-USE ASSET 1285277 1285277 REFUNDABLE ADVANCE 1095199 LEASE LIABILITY 1430593 2525792 X 7988026 0 7988026 0 7988026 7291590 0 7291590 0 7291590 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, 2024. 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, 2024, 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, 2024, 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, 2021. THE ORGANIZATION IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. X X X X 0 0 0 JOHN POWELL CHIEF OF STAFF 131476 0 0 0 21951 0 0 0 0 0 153427 0 0 0 LEONA AGOURIDIS PRESIDENT/CEO 364256 0 0 0 30000 0 0 0 0 0 394256 0 0 0 KATHRYN CLEMENT MEMBER OF BOARD OF DIRECTORS 5769 STORAGE SPACE LEASE 0 OWEN BILLMAN PRESIDENT OF BLAKE REAL ESTATE 276368 OFFICE LEASE 0 JAMES RICH MEMBER OF BOARD OF DIRECTORS 43106 OFFICE LEASE 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF DIRECTORS MAY DESIGNATE TWO (2) OR MORE DIRECTORS TO CONSTITUTE AN EXECUTIVE COMMITTEE. ONE OF THE APPOINTED DIRECTORS SHALL BE DESIGNATED BY THE BOARD AS CHAIRPERSON OF THE EXECUTIVE COMMITTEE. EACH MEMBER OF THE EXECUTIVE COMMITTEE SHALL CONTINUE AS A MEMBER THEREOF UNTIL THE EXPIRATION OF HIS TERM AS A DIRECTOR, OR UNTIL HIS EARLIER RESIGNATION FROM THE EXECUTIVE COMMITTEE, IN EITHER CASE UNLESS SOONER REMOVED AS A MEMBER OF THE EXECUTIVE COMMITTEE OR AS A DIRECTOR BY ANY MEANS AUTHORIZED BY THE BYLAWS. THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL OF THE RIGHTS, POWERS AND AUTHORITY OF THE BOARD OF DIRECTORS, EXCEPT AS EXPRESSLY LIMITED BY THE DISTRICT OF COLUMBIA NONPROFIT CORPORATION ACT OR BY RESOLUTION OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 2 ALL BOARD MEMBERS LISTED IN PART VII, SECTION A HAVE VARIOUS LEVELS OF BUSINESS RELATIONSHIPS WITH EACH OTHER. 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 ELIGILE TO VOTE IN THESE ELECTIONS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S BOARD OF DIRECTORS HAVE THE POWER TO ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE PRESIDENT/CEO AND VICE PRESIDENT AND IS THEN SENT TO THE CHAIR OF THE BOARD FOR REVIEW AND SIGNATURE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS MUST DISCLOSE POTENTIAL CONFLICTS OF INTEREST AT THE BEGINNING OF EACH FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE STANDARD COMPENSATION OF THE PRESIDENT/CEO IS CONTRACT BASED. THE CHAIR OF THE BOARD COLLECTS AND REVIEWS EVALUATIONS FROM ALL THE EXECUTIVE COMMITTEE MEMBERS OF THE PRESIDENT/CEO'S PERFORMANCE. THE CHAIR OF THE BOARD MEETS WITH THE PRESIDENT/CEO WHEN COMPENSATION RECOMMENDATIONS HAVE BEEN APPROVED TO DISCUSS CHANGES IN COMPENSATION AND BENEFITS. FORM 990, PART VI, SECTION C, LINE 19 THE STATUTE AND BYLAWS ARE GIVEN TO NEW BOARD MEMBERS WHEN THEY JOIN. THE CONFLICT OF INTEREST POLICY IS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS AT THE BEGINNING OF EACH FISCAL YEAR. THE FINANCIAL STATEMENT IS PUBLISHED IN THE ANNUAL REPORT WHICH IS MAILED TO ELECTED OFFICIALS, THE CFO OF THE DISTRICT OF COLUMBIA, AND EVERY PROPERTY OWNER IN THE BID, POSTED ON THE ORGANIZATION'S WEBSITE, AND PROVIDED TO STAKEHOLDERS THROUGHOUT THE YEAR. THE STATUTE, BYLAWS, FINANCIAL STATEMENT, AND FORM 990 ARE ALSO AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGES HAVE BEEN MADE FROM THE PRIOR YEAR. GOLDEN TRIANGLE LLC 1120 CONNECTICUT AVE SUITE 260 WASHINGTON DC 20036 451799532 CARRIES OUT VARIOUS COMMUNITY PROGRAMS. DC 993124 2763045 GOLDEN TRIANGLE BUSINESS IMPROVEMENT DISTRICT CORPORATION GOLDEN TRIANGLE CHARITABLE CORPORATION 1120 CONNECTICUT AVE SUITE 260 WASHINGTON DC 20036 820710349 SUPPORTS CHARITABLE DEEDS OF THE BID DC 501(C)(3) 170(B)(1)(A) N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0