2026-08-17T17:11:23-04:00 2025-09-30 521373858 DELEON & STANG CPAS AND ADVISORS 150 S EAST ST STE 103 FREDERICK MD 217016175 990 2024-10-01 311795776 WASHINGTON DC ECONOMIC PARTNERSHIP WASH 2026618670 1495 F ST NW WASHINGTON DC 20004 DEREK FORD PRESIDENT & CEO 2026618670 2026-07-06 true false CLINT LEHMAN CPA P00840525 3012507400 2026-08-17 2024 2025-03-06 01:10:19Z WDCEP DEREK FORD 1495 F ST NW WASHINGTON DC 20004 3943811 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. 45 45 13 45 0 3460632 3296536 632218 644849 32 594 2 1832 4092884 3943811 0 0 1660320 1854913 0 0 2210191 2086462 3870511 3941375 222373 2436 3267810 2808664 2479715 2018133 788095 790531 X THE WASHINGTON, DC ECONOMIC PARTNERSHIP IS A PUBLIC-PRIVATE ORGANIZATION DEDICATED TO EXPANDING COMMERCE IN THE DISTRICT OF COLUMBIA. false false 1336303 644849 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. 806514 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. 708185 RETAIL DEVELOPMENT - EXPENSES ATTRIBUTED TO RETAIL DEVELOPMENT ARE INCURRED TO ATTRACT RETAILERS TO LOCATE IN WASHINGTON, DC'S DOWNTOWN COMMERCIAL DISTRICTS AND NEIGHBORHOOD AREAS. 116976 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. 116976 2967978 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 17 0 true 13 true false false false false false false false false X 45 45 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 DEREK FORD PRESIDENT & 40.00 X X 216631 0 29361 CHAD SHUSKEY EVP OF RA & 40.00 X 167064 0 36348 SUZANNE WHITE VP CORP ATTR 40.00 X 164780 0 25467 AUDREY POLK VP CORP ATTR 40.00 X 140362 0 17255 JEZANIAH KLINE MARKETING DI 40.00 X 118346 0 25472 KATHRINE VANLIEW VP INT. BUSI 40.00 X 115609 0 24459 KEITH SELLARS FORMER PRESI 40.00 X X 7881 0 0 NINA ALBERT CO CHAIR 1.00 X X 0 0 0 JOSEPH ASKEW BOARD MEMBER 0.50 X 0 0 0 JACK BOARMAN BOARD MEMBER 0.50 X 0 0 0 KRISTINA BOUWEIRI BOARD MEMBER 0.50 X 0 0 0 ANITA BUTANI VICE CHAIR 1.00 X X 0 0 0 OLIVIA BYRNE OUTSIDE COUN 1.00 X X 0 0 0 DANIEL CARR BOARD MEMBER 0.50 X 0 0 0 WENDY FREEMAN CARR BOARD MEMBER 0.50 X 0 0 0 ELIZABETH COOPER BOARD MEMBER 0.50 X 0 0 0 ANITA COZART BOARD MEMBER 0.50 X 0 0 0 TIFFANY CROWE BOARD MEMBER 0.50 X 0 0 0 COLETTE DAFOE BOARD MEMBER 0.50 X 0 0 0 ELIZABETH DEBARROS BOARD MEMBER 0.50 X 0 0 0 JENNIFER EUGENE BOARD MEMBER 0.50 X 0 0 0 HAILEY FLEMING-PATEL BOARD MEMBER 0.50 X 0 0 0 DEREK FORD BOARD MEMBER 0.50 X 0 0 0 LATOYA FOSTER BOARD MEMBER 0.50 X 0 0 0 AILEEN FUCHS BOARD MEMBER 0.50 X 0 0 0 ANGIE GATES BOARD MEMBER 0.50 X 0 0 0 DAVID GERMAKIAN BOARD MEMBER 0.50 X 0 0 0 BRIAN HANLON BOARD MEMBER 0.50 X 0 0 0 DAVID HARGADON TREASURER 1.00 X X 0 0 0 COLLEEN HAWKINSON BOARD MEMBER 0.50 X 0 0 0 ROSLYN HOPKINS-FERNANDES BOARD MEMBER 0.50 X 0 0 0 STANLEY JACKSON BOARD MEMBER 0.50 X 0 0 0 JAY KELLY BOARD MEMBER 0.50 X 0 0 0 CAROLINE KENNEY SECRETARY 1.00 X X 0 0 0 RICHARD LAKE AT-LARGE 1.00 X X 0 0 0 JAMES LERNER BOARD MEMBER 0.50 X 0 0 0 EVERETT LOTT BOARD MEMBER 0.50 X 0 0 0 VALENCIA MCCLURE BOARD MEMBER 0.50 X 0 0 0 OMAR MCINTOSH AT-LARGE 1.00 X X 0 0 0 MICHAEL MCPHILLIPS BOARD MEMBER 0.50 X 0 0 0 STEPHEN MILLER BOARD MEMBER 0.50 X 0 0 0 KRISTINA NOELL BOARD MEMBER 0.50 X 0 0 0 MICHAEL O'HARA CO CHAIR 1.00 X X 0 0 0 ALTMAN PANNELL BOARD MEMBER 0.50 X 0 0 0 WILLIAM RICH BOARD MEMBER 0.50 X 0 0 0 TARA SCANLON BOARD MEMBER 0.50 X 0 0 0 JAMIE SCOTT DMPED REPRES 1.00 X X 0 0 0 ROSEMARY SUGGS-EVANS BOARD MEMBER 0.50 X 0 0 0 MARIA THOMPSON BOARD MEMBER 0.50 X 0 0 0 MITCH WEINTRAUB AT-LARGE 1.00 X X 0 0 0 KARIMA WOODS BOARD MEMBER 0.50 X 0 0 0 930673 158362 7 false true false ELEVATION 3D 905 HARTFORD TURNPIKE SHREWSBURY MA 01545 MARKETING 124996 1 3158017 138519 3296536 SPONSORSHIP INCOME 644849 644849 644849 594 594 CONFERENCE ROOM RENTAL 1500 1500 OTHER INCOME 332 332 1832 3943811 1832 645443 224512 194832 29680 1220192 1058888 161304 56050 48640 7410 237049 205712 31337 117110 101629 15481 136280 60984 75296 165183 73918 91265 12336 12336 180538 175478 5060 421160 266422 154738 138393 109634 28759 832503 659505 172998 111454 111454 27978 27978 PAYROLL FEES 17307 17307 MISCELLANEOUS 13881 13881 BAD DEBT EXPENSE 13000 13000 DUES & SUBSCRIPTIONS 11290 11290 5159 5159 3941375 2967978 973397 0 895906 1005511 32188 32782 240264 24150 47547 102241 1385463 1064222 429002 321241 1622903 1322739 3267810 2808664 178549 183048 252254 151252 2048912 1683833 2479715 2018133 X 788095 790531 788095 790531 3267810 2808664 2436 X false true X true false X 4463049 3262770 3697453 3460632 3296536 18180440 4463049 3262770 3697453 3460632 3296536 18180440 18180440 2233 268 76 32 594 3203 445950 687901 784717 632218 644849 3195635 21379278 55119 0.85040 0.87020 X PART II, LINE 10 2,550,786 SUPPLEMENTAL INFORMATION THE 2,550,786 ABOVE IS COMPRISED OF THE CUMULATIVE TOTAL BELOW FROM THE FOLLOWING PREVIOUS YEARS' FORM 990. PART II, LINE 10 2020 - OTHER INCOME, 445,950 2021 - OTHER INCOME, 687,901 2022 - OTHER INCOME, 784,717 2023 - OTHER INCOME, 632,218 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 708687 396321 312366 676776 667901 8875 321241 OPERATING LEASE LIABILITY 1683833 1683833 X 4113911 170100 170100 3943811 3943811 4111475 170100 170100 3941375 3941375 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 YEARS ENDED SEPTEMBER 30, 2025 AND 2024, 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 2022 AND ONWARD ARE OPEN TO TAX EXAMINATION. X X X false false false false false false false false false DEREK FORD PRESIDENT & CEO 216631 13056 16305 245992 CHAD SHUSKEY EVP OF RA & MI 167064 10123 26225 203412 SUZANNE WHITE VP CORP ATTRACTION 164780 9941 15526 190247 AUDREY POLK VP CORP ATTRACTION 140362 8432 8823 157617 FORM 990, PAGE 2, PART III, LINE 4D 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. 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.