2026-03-17T13:26:31-05:00 2025-12-31 231980475 KREISCHER MILLER 100 WITMER ROAD SUITE 350 HORSHAM PA 190442369 990 2025-01-01 273468787 KING OF PRUSSIA BUSINESS IMPROVEMENT DISTRICT INC KING 4846819452 234 MALL BOULEVARD 150 KING OF PRUSSIA PA 19406 JOHN BOWN TREASURER 4846819452 2026-03-16 1 KATIE O GALASKA P01211168 2154414600 2025 2025-03-06 01:10:19Z JOHN BOWN 234 MALL BOULEVARD 150 KING OF PRUSSIA PA 19406 2629950 0 X WWW.VISITKOP.COM X 2010 PA KING OF PRUSSIA DISTRICT ENGAGES PUBLIC AND PRIVATE PARTNERS TO COLLABORATIVELY IMPROVE THE ECONOMIC ENVIRONMENT IN KING OF PRUSSIA BY MAKING IT MORE VIBRANT, ATTRACTIVE AND PROSPEROUS. 16 16 9 15 0 0 702011 131704 2104455 2416702 64982 79269 35944 2275 2907392 2629950 0 0 0 0 875944 980745 0 0 121619 2197648 1451580 3073592 2432325 -166200 197625 5515843 5728971 543868 559371 4971975 5169600 X KING OF PRUSSIA DISTRICT ENGAGES PUBLIC AND PRIVATE PARTNERS TO COLLABORATIVELY IMPROVE THE ECONOMIC ENVIRONMENT IN KING OF PRUSSIA BY MAKING IT MORE VIBRANT, ATTRACTIVE, AND PROSPEROUS. 0 0 507382 621367 PHYSICAL IMPROVEMENTS: FROM SIGNAGE TO LANDSCAPED MEDIANS ALONG SOME OF KING OF PRUSSIA'S MOST VISIBLE AND HIGHLY-TRAVELED CORRIDORS, KING OF PRUSSIA DISTRICT MANAGES DESIGN, CONSTRUCTION AND MAINTENANCE OF LANDSCAPES THAT ENHANCE KOP'S PUBLIC SPACES. 1014240 1242093 MARKETING: COMMITTED TO KEEPING KING OF PRUSSIA IN THE SPOTLIGHT AND STRENGTHENING ITS REPUTATION AS A LEADING HUB FOR BUSINESS, COMMUNITY AND COMMERCE, KING OF PRUSSIA DISTRICT EXECUTES DYNAMIC MARKETING AND ADVERTISING CAMPAIGNS WHILE PRODUCING AWARD-WINNING EVENTS AND ACTIVATIONS THROUGHOUT THE YEAR. 244671 299637 TRANSPORTATION: KING OF PRUSSIA DISTRICT IS DEDICATED TO MAKING LIFE FLOW IN KOP, EFFECTING GAME-CHANGING TRANSPORTATION SOLUTIONS THAT ENHANCE VEHICULAR, PEDESTRIAN, BICYCLE AND PUBLIC TRANSPORTATION ACCESS. 59491 72856 LAND USE & ZONING: KING OF PRUSSIA DISTRICT WORKS CLOSELY WITH THE TOWNSHIP AND COUNTY TO DEVELOP STRATEGIES FOR A COMPREHENSIVE AND COHESIVE FORWARD-THINKING VISION FOR KOP'S FUTURE. 147592 180749 RESEARCH & DATA ANALYTICS: KING OF PRUSSIA DISTRICT CONDUCTS DATA-DRIVEN RESEARCH TO ANALYZE PERFORMANCE OF THE KING OF PRUSSIA MARKET, INFORM THOUGHTFUL CHANGE AND KEEP KOP'S TRANSFORMATION TOP OF MIND FOR STAKEHOLDERS, ELECTED OFFICIALS, DEVELOPERS, INVESTORS AND THE GENERAL PUBLIC. 207083 253605 1973376 1 1 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 1 0 0 0 0 1 1 0 0 1 1 0 1 1 1 1 1 0 PA X ERIC GOLDSTEIN PRESIDENT & CEO 4846819452 234 MALL BOULEVARD SUITE 150 KING OF PRUSSIA PA 19406 CHERYL GEBELINE-MYERS CHAIR 1.30 X X 0 0 0 ERIC DAVIES VICE CHAIR 1.30 X X 0 0 0 RICHARD KUBACH DIRECTOR 1.30 X 0 0 0 ROBERT HART SECRETARY 1.30 X X 0 0 0 LEA ANNE WELSH PAST CHAIRMAN 1.30 X X 0 0 0 JOHN BOWN TREASURER 1.30 X X 0 0 0 ANTHONY HAMADAY DIRECTOR 1.30 X 0 0 0 ANDREW HORNING DIRECTOR 1.30 X 0 0 0 PETER KARAKELIAN DIRECTOR 1.30 X 0 0 0 DAVID MCMANUS DIRECTOR 1.30 X 0 0 0 STEVEN POWELL DIRECTOR 1.30 X 0 0 0 SUZANNE RYAN DIRECTOR 1.30 X 0 0 0 KATHY SWEENEY-POGWIST DIRECTOR 1.30 X 0 0 0 ALEXANDREA AMERINE DIRECTOR 1.30 X 0 0 0 MARTHA MORALES DIRECTOR 1.30 X 0 0 0 JAMES SAVARD DIRECTOR 1.30 X 0 0 0 ERIC T GOLDSTEIN PRESIDENT & CEO 40.00 X 321554 0 31165 RACHEL AMMON DIRECTOR MARKETING AND COM 40.00 X 133322 0 10332 454876 0 41497 2 0 1 0 VINE PUBLIC RELATIONS 723 CLOVELLY LANE DEVON PA 19333 PUBLIC RELATIONS FIRM FOR MARKETING 311646 AGILECAT 1818 MARKET STREET SUITE 220 PHILADELPHIA PA 19103 PUBLIC RELATIONS FIRM FOR MARKETING 104490 2 22745 108959 131704 ASSESSMENT FEES 541900 2277984 2277984 EVENT INCOME 900099 138718 138718 2416702 79269 79269 MISCELLANEOUS INCOME 541900 2275 2275 2275 2629950 2416702 0 81544 X 352719 352719 478492 233289 145810 99393 97193 56016 25389 15788 52341 35550 10353 6438 15499 15499 24846 24846 1437 1437 8250 8250 32854 9461 23393 71817 58076 13741 18053 18053 156186 156186 16369 16369 MARKETING CAMPAIGNS 263527 263527 LANDSCAPING IMPROVEMENT 262840 262840 MARKETING CONTRACTED SE 138277 138277 CONTRIBUTIONS 107880 107880 333745 299555 34190 2432325 1973376 337330 121619 2338058 2474241 267987 277413 225000 0 9464 37665 3750 106886 3223068 798379 2211274 2424689 460310 408077 5515843 5728971 69710 95124 474158 464247 543868 559371 X 4969111 5166736 2864 2864 4971975 5169600 5515843 5728971 197625 0 X X 0 1 X 1 0 X 5012775 1322418 881476 702011 131704 8050384 138718 138718 2024951 2070176 2102317 2104455 2277984 10579883 7037726 3392594 2983793 2806466 2548406 18768985 0 0 0 18768985 837 468 47124 64982 79269 192680 837 468 47124 64982 79269 192680 30539 50000 35944 2275 118758 7038563 3423601 3080917 2907392 2629950 19080423 0.98370 0.99130 0.01010 0.00430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2691398 672519 2018879 47693 28749 18944 483977 97111 386866 2424689 RIGHT OF USE ASSET 408077 408077 OPERATING LEASE LIABILITY 431992 REFUNDABLE ADVANCE 32255 464247 X 2690816 60866 60866 2629950 0 2629950 2493191 60866 60866 2432325 0 2432325 PART X, LINE 2: KING OF PRUSSIA DISTRICT FILES FEDERAL FORM 990 AND IS NOT REQUIRED TO FILE A FORM 990T. WITH FEW EXCEPTIONS, KING OF PRUSSIA DISTRICT IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2025. IT IS DIFFICULT TO PREDICT THE FINAL TIMING AND RESOLUTION OF ANY PARTICULAR UNCERTAIN TAX POSITION. KING OF PRUSSIA DISTRICT DOES NOT CURRENTLY ANTICIPATE SIGNIFICANT CHANGES IN ITS UNCERTAIN TAX POSITIONS OVER THE NEXT 12 MONTHS. X X 0 0 0 0 0 0 0 0 0 ERIC T GOLDSTEIN PRESIDENT & CEO 281554 0 40000 0 0 0 23500 0 7665 0 352719 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A EXECUTIVE COMMITTEE COMPOSITION IS CHAIRMAN, VICE CHAIRMAN, SECRETARY & TREASURER. ALL ARE ON THE BOARD OF DIRECTORS. ITEMS ARE DISCUSSED & VOTED UPON FIRST BY EXECUTIVE COMMITTEE, THEN A VOTE IS TAKEN BY BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 4 1. CHANGING EXECUTIVE COMMITTEE MEMBERS TERMS FROM A MAXIMUM OF 2 YEARS TO A MAXIMUM OF 3 YEARS 2. CHANGING THE TREASURER'S TERM FROM A MAXIMUM OF 2 YEARS TO A MAXIMUM OF 5 YEARS. 3. ADJUSTING LANGUAGE FOR CONSISTENCY PURPOSES. 4. WE ELIMINATED VOTING AND NON-VOTING BOARD MEMBER DESIGNATIONS BY ESTABLISHING AN ADMINISTRATIVE BOARD CONSISTING OF 9 PEOPLE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PROVIDED TO THE PRESIDENT & CEO BY THE INDEPENDENT TAX SERVICE PROVIDER FOR REVIEW PRIOR TO FILING. THE FORM 990 IS THEN PROVIDED TO THE ENTIRE GOVERNING BOARD FOR REVIEW, PRIOR TO FILING. THE INDEPENDENT TAX SERVICE PROVIDER THEN FILES THE FORM 990 WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 11B PRESIDENT & CEO WILL REVIEW PRIOR TO AUDITOR'S REVIEW. AUDITOR WILL PREPARE AND FILE WITH IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. VERBAL NOTIFICATION AND SOLICITATION OF POTENTIAL CONFLICTS OF INTEREST AT BOARD MEETINGS INVOLVING NEW PROJECTS. FORM 990, PART VI, SECTION B, LINE 15 DONE BY REVIEW AND APPROVAL BY INDEPENDENT PERSONS. IT IS DONE FOR THE PRESIDENT & CEO. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 24E MARKETING EVENTS: PROGRAM SERVICE EXPENSES 103,943. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 103,943. TRANSPORTATION PROJECTS: PROGRAM SERVICE EXPENSES 60,296. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 60,296. RESEARCH AND DATA ANALYTICS: PROGRAM SERVICE EXPENSES 44,418. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 44,418. MARKETING BDF: PROGRAM SERVICE EXPENSES 38,377. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 38,377. BUSINESS EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 34,190. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,190. BANNERS AND SIGNS: PROGRAM SERVICE EXPENSES 34,041. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,041. WEBSITE DEVELOPMENT/MAINTENANCE: PROGRAM SERVICE EXPENSES 11,902. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,902. TRANSPORTATION BDF: PROGRAM SERVICE EXPENSES 6,578. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,578. FORM 990, PART XII, LINE 2C NO CHANGE FROM PRIOR YEARS.