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Nonprofit · EIN 87-4519402

NEWMARKET BUSINESS IMPROVEMENT DISTRICT

Tax-exempt · BOSTON, MA 02118

Financials

$3.6M$3M2022$3.7M$3.6M2023$4M$3.7M2024
Revenue Expenses · by fiscal year end
Financials of NEWMARKET BUSINESS IMPROVEMENT DISTRICT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$4,016,355$3,700,460$315,895$2,315,249$1,028,508$1,286,741
June 30, 2024990$3,681,214$3,600,963$80,251$1,226,058$255,212$970,846
June 30, 2023990$3,563,681$3,028,591$535,090$1,211,088$320,493$890,595
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,113,895
of which government grants
$943,749
Program service revenue
$2,882,248
Investment income
$20,212
Other revenue
$0

Expenses

Grants and similar amounts paid
$16,454
Compensation of officers, directors and key employees
$190,907
Other salaries and wages
$375,841
Salaries, compensation and benefits (total)
$648,862
Professional fundraising fees
$0
Legal fees
$25,857
Accounting fees
$137,334
Occupancy
$38,425
Program services (functional)
$3,139,838
Management and general (functional)
$425,493
Fundraising (functional)
$135,129

Balance sheet and other

Total assets, start of year
$1,226,058
Total assets, end of year
$2,315,249
Total liabilities, end of year
$1,028,508
Net assets, end of year
$1,286,741
Land, buildings and equipment
$367,647
Net assets without donor restrictions
$1,286,741
Gross receipts
$4,016,355
Employees
8
Volunteers
22
Year formed
2022
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
SUSAN SULLIVANPRESIDENT/CLERK
Officer
40$185,361$6,013
MICHAEL ROTHSCHILDCHAIR
Trustee or director, Officer
5$0$0
VALEDA BRITTONVICE CHAIR
Trustee or director, Officer
5$0$0
JOHN MARSTONTREASURER
Trustee or director, Officer
5$0$0
FRANK BAKERDIRECTOR
Trustee or director
2$0$0
BOB BIGGIODIRECTOR
Trustee or director
2$0$0
GERRY DIPIERRODIRECTOR
Trustee or director
2$0$0
MICHAEL FELDMANDIRECTOR
Trustee or director
2$0$0
JOHN FITZGERALDDIRECTOR
Trustee or director
2$0$0
LINDA DORCENA FORRYDIRECTOR
Trustee or director
2$0$0
RICH FULLAMDIRECTOR
Trustee or director
2$0$0
ANDREW GRACEDIRECTOR
Trustee or director
2$0$0
ZACH HAROUTUNIANDIRECTOR
Trustee or director
2$0$0
RAY HENNINGSONDIRECTOR
Trustee or director
2$0$0
PAUL HOLLANDDIRECTOR
Trustee or director
2$0$0
8 more people on this return
NameTitleHours / weekCompensation
PAUL NEWMANDIRECTOR
Trustee or director
2$0
JEFF PRANSKYDIRECTOR
Trustee or director
2$0
DERYCK REIDDIRECTOR
Trustee or director
2$0
SARITIN RIZZUTODIRECTOR
Trustee or director
2$0
WADE SARRAFDIRECTOR
Trustee or director
2$0
CHERYL SCHONDEKDIRECTOR
Trustee or director
2$0
MANOJ SHINDEDIRECTOR
Trustee or director
2$0
STAN WALCZAKDIRECTOR
Trustee or director
2$0
990 for the year ended June 30, 2024: 27 people
NameTitleHours / weekCompensationOther / benefits
SUSAN SULLIVANPRESIDENT/CLERK
Officer
40$151,725$1,446
MICHAEL ROTHSCHILDCHAIR
Trustee or director, Officer
5$0$0
VALEDA BRITTONVICE CHAIR
Trustee or director, Officer
5$0$0
JOHN MARSTONTREASURER
Trustee or director, Officer
5$0$0
FRANK BAKERDIRECTOR
Trustee or director
2$0$0
BOB BIGGIODIRECTOR
Trustee or director
2$0$0
NICOLE BOWDENDIRECTOR
Trustee or director
2$0$0
JOEY CUZZIDIRECTOR
Trustee or director
2$0$0
GERRY DIPIERRODIRECTOR
Trustee or director
2$0$0
SYDNEY DURANDDIRECTOR
Trustee or director
2$0$0
MICHAEL FELDMANDIRECTOR
Trustee or director
2$0$0
LINDA DORCENA FORRYDIRECTOR
Trustee or director
2$0$0
RICH FULLAMDIRECTOR
Trustee or director
2$0$0
ANDREW GRACEDIRECTOR
Trustee or director
2$0$0
ZACH HAROUTUNIANDIRECTOR
Trustee or director
2$0$0
RAY HENNINGSONDIRECTOR
Trustee or director
2$0$0
PAUL HOLLANDDIRECTOR
Trustee or director
2$0$0
PAUL NEWMANDIRECTOR
Trustee or director, Officer
2$0$0
JEFF PRANSKYDIRECTOR
Trustee or director
2$0$0
SARITIN RIZZUTODIRECTOR
Trustee or director
2$0$0
WADE SARRAFDIRECTOR
Trustee or director
2$0$0
BETH SCHERERDIRECTOR
Trustee or director
2$0$0
CHERYL SCHONDEKDIRECTOR
Trustee or director
2$0$0
MANOJ SHINDEDIRECTOR
Trustee or director
2$0$0
MARLA SMITHDIRECTOR
Trustee or director
2$0$0
CAROL TIENKENDIRECTOR
Trustee or director
2$0$0
STAN WALCZAKDIRECTOR
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 25 people
NameTitleHours / weekCompensation
SUE SULLIVANPRESIDENT/CLERK
Officer
40$115,385
MICHAEL ROTHSCHILDCHAIR
Trustee or director, Officer
5$0
VALEDA BRITTONVICE CHAIR
Trustee or director, Officer
5$0
JOHN MARSTONTREASURER
Trustee or director, Officer
5$0
FRANK BAKERDIRECTOR
Trustee or director
2$0
BOB BIGGIODIRECTOR
Trustee or director
2$0
NICOLE BOWDENDIRECTOR
Trustee or director
2$0
JOEY CUZZIDIRECTOR
Trustee or director
2$0
GERRY DIPIERRODIRECTOR
Trustee or director
2$0
LINDA DORCENA FORRYDIRECTOR
Trustee or director
2$0
SYDNEY DURANDDIRECTOR
Trustee or director
2$0
MICHAEL FELDMANDIRECTOR
Trustee or director, Officer
2$0
RICH FULLAMDIRECTOR
Trustee or director
2$0
ANDREW GRACEDIRECTOR
Trustee or director
2$0
ZACH HAROUTUNIANDIRECTOR
Trustee or director
2$0
RAY HENNINGSONDIRECTOR
Trustee or director
2$0
PAUL HOLLANDDIRECTOR
Trustee or director
2$0
JEFF PRANSKYDIRECTOR
Trustee or director
2$0
SARITIN RIZZUTODIRECTOR
Trustee or director
2$0
WADE SARRAFDIRECTOR
Trustee or director
2$0
BETH SCHERERDIRECTOR
Trustee or director
2$0
MANOJ SHINDEDIRECTOR
Trustee or director
2$0
MARLA SMITHDIRECTOR
Trustee or director
2$0
CAROL TIENKENDIRECTOR
Trustee or director
2$0
STAN WALCZAKDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
225 SOUTHAMPTON ST, BOSTON, MA 02118-2715
In care of
% SUE SULLIVAN
Principal officer (990 for 2024)
SUSAN SULLIVAN, 225 SOUTHAMPTON STREET, BOSTON, MA 02118
Signed the 990
SUSAN SULLIVAN, PRESIDENT/CLERK
Phone
(617) 233-7565
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

THE PURPOSE OF THIS CORPORATION IS TO DEVELOP, IMPLEMENT, MANAGE, OPERATE, ENHANCE AND PROMOTE THE GENERAL WELFARE OF THE PEOPLE WITHIN THE DESIGNATED NEWMARKET BUSINESS IMPROVEMENT DISTRICT, THROUGH ACTIVITIES, PROGRAMS, AND SERVICES TO INCLUDE BUT NOT BE LIMITED TO MARKETING, MAINTENANCE, SECURITY, PLANNING AND PHYSICAL IMPROVEMENTS TO THE DISTRICT ALL BEING SUPPLEMENTAL TO THOSE PROVIDED BY THE CITY OF BOSTON.

990 for the year ended June 30, 2025

Program accomplishments

  • TRANSIT AND TRANSPORTATION PROGRAMNEWMARKET SHUTTLESSINCE EARLY 2022, THE BID HAS OPERATED FOUR SHUTTLES THAT CRISSCROSS THE DISTRICT, CONNECTING ALL PARTS OF NEWMARKET TO THE RED LINE AT ANDREW STATION, THE ORANGE LINE AT RUGGLES STATION, AND THE FAIRMOUNT COMMUTER RAIL LINE AT NEWMARKET STATION. TOGETHER, THESE FOUR ROUTES SERVE AN AVERAGE OF 13,000 RIDERS PER MONTH AND HAVE PROVIDED OVER 400,000 TOTAL RIDES SINCE THE BID STARTED OPERATIONS.LIKE EVERYTHING WE DO, THE NEWMARKET SHUTTLES ARE FREE TO ALL RESIDENTS, EMPLOYEES, AND PROPERTY OWNERS IN NEWMARKET. OVER THE PAST THREE YEARS, OUR SHUTTLE ROUTES HAVE EVOLVED TO BEST FIT THE NEEDS OF OUR STAKEHOLDERS; THESE ADJUSTMENTS HAVE BEEN MADE IN ORDER TO MEET DEMAND WHERE AND WHEN OUR PROPERTY OWNERS HAVE REQUIRED IT.REVOLUTIONIZING THE FAIRMOUNT-INDIGO COMMUTER LINEAS A MEMBER OF THE FAIRMOUNT INDIGO TRANSIT COALITION, NEWMARKET HAS PLAYED A LEADING ROLE IN ADVOCATING FOR IMPROVEMENTS TO THE FAIRMOUNT COMMUTER RAIL LINE, WHICH RUNS THROUGH THE CENTER OF THE DISTRICT. PRIOR TO 2020, TRAINS ONLY RAN ONCE PER HOUR OR LESS ALONG THE LINE, BUT THANKS TO CONSTANT ADVOCACY AND PROMOTION, WHICH SAW THE FAIRMOUNT LINE REBOUND POST-COVID FASTER AND STRONGER THAN ANY OTHER LINE IN THE SYSTEM, THE MBTA HAS INCREASED SERVICE SO THAT THE TRAINS NOW RUN EVERY 30 MINUTES.RECENTLY, THE MBTA ALSO AGREED TO COMPLETELY ELECTRIFY THE LINE BY 2028. WHEN THIS IS DONE, NEWMARKET STATION WILL HAVE A FIVE-MINUTE CONNECTION TO SOUTH STATION EVERY FIFTEEN TO TWENTY MINUTES, AS WELL AS TO ALL THE COMMUNITIES FURTHER DOWN THE LINE THAT ARE HOME TO MANY EMPLOYEES WHO WORK AT BUSINESSES IN NEWMARKET. CREATING THIS RAPID TRANSIT THROUGH NEWMARKET WILL TREMENDOUSLY INCREASE OUR ABILITY TO ATTRACT EMPLOYEES AND NEW BUSINESSES.
    Expenses $1,042,760 · revenue $365,860
  • BACK2WORK PROGRAMIN 2018, THE NEWMARKET BUSINESS ASSOCIATION, NOW THE NEWMARKET BUSINESS IMPROVEMENT DISTRICT (BID), PROMOTED A WORKFORCE DEVELOPMENT PROGRAM FOR THE HOMELESS TO THE CITY, AND WHILE IT WAS WELL RECEIVED AT THE TIME, BOSTON DID NOT HAVE THE ABILITY TO ASSIST IN FUNDING IT. IN EARLY 2021, NEWMARKET BEGAN FUNDING THE PROGRAM OURSELVES AND FOR THE PAST YEAR AND A HALF, THE NEWMARKET BUSINESS IMPROVEMENT DISTRICT HAS MANAGED THE PROGRAM FOCUSED ON PROVIDING LOW-THRESHOLD SAME-DAY WORK FOR INDIVIDUALS EXPERIENCING SHELTER INSTABILITY, HOMELESSNESS AND/OR A SUBSTANCE USE DISORDER.THIS EFFORT ACKNOWLEDGES THE BARRIERS THAT THESE INDIVIDUALS FACE IN BOTH APPLYING FOR JOBS, AS WELL AS MAINTAINING THEIR EMPLOYMENT, AND CREATES A LOWER BARRIER APPROACH TO SUIT THEIR NEEDS.AS A RESULT OF OUR EARLY SUCCESS, THE BOSTON DEPARTMENT OF PUBLIC HEALTH HAS ASSISTED US WITH FUNDING DURING THE PAST YEAR WHICH HAS LED TO A SIGNIFICANT EXPANSION OF THE PROGRAM. WE HAVE NOW ASSISTED OVER 150 INDIVIDUALS TO ACHIEVE A LIFE OF SOBRIETY AND STABILITY.THROUGH THIS INITIATIVE, THE NEWMARKET BID EMPLOYS HOMELESS AND HOUSING CHALLENGED INDIVIDUALS IN THE MASS AND CASS AREA TO PROVIDE SUPPLEMENTAL SERVICES IN CLEANING AND BEAUTIFYING THE AREA BY PROVIDING DAY JOBS INCLUDING LANDSCAPE BEAUTIFICATION, TRASH REMOVAL, POWER WASHING, GRAFFITI REMOVAL AND SIMILAR.WE WORK IN CLOSE COOPERATION WITH THE MAYOR'S OFFICE, AND RECOVERY, SHELTER & ENGAGEMENT CENTER STAFF TO IDENTIFY/HIRE THOSE INDIVIDUALS THAT HAVE A LIKELIHOOD OF SUCCESS IN THIS PROGRAM. WE BELIEVE THAT WE ARE THE FIRST STEP TOWARD CHANGING THEIR LIVES AND THE SOS PROGRAM PROVIDES THE NEXT STEP IN THE PROCESS.PARTICIPANTS OF THIS PROGRAM ARE REIMBURSED THROUGH CASH STIPENDS AND/OR GIFT CARDS, ALL OF WHICH CAN BE USED FOR WORK CLOTHES, APARTMENT NEEDS, MEDICAL NEEDS, OR ANYTHING ELSE THAT THE PERSON MAY NEED. OF COURSE, AS YOU CAN IMAGINE, THESE STIPENDS ONLY GO SO FAR AND WE MANY TIMES END UP PROVIDING "ADVANCES OR "EXTRA MONEY" FOR NECESSITIES INCLUDING BOOTS, SHOES, GOGGLES, CLEAN CLOTHES, SNACKS ETC.PARTICIPANTS WORK EVERY DAY ALONGSIDE PROGRAM STAFF AND PEER SUPPORT SPECIALISTS, WHO ENGAGE THEM IN PROFESSIONAL DEVELOPMENT ACTIVITIES AND SUPPORT THEIR CONNECTION TO SOCIAL SERVICES, SUCH AS HOUSING SUPPORTS, BENEFITS ACCESS, AND PHYSICAL, MENTAL, AND BEHAVIORAL HEALTH PROVIDERS. IT IS AN IMPORTANT COMPONENT TO THE PROGRAM THAT, WHILE WE DO NOT REQUIRE THAT INDIVIDUALS ARE CLEAN WHEN THEY COME INTO THE PROGRAM, THEY HAVE TO BE WILLING TO WORK TOWARD SOBRIETY/RECOVERY DURING THEIR FIRST SEVERAL WEEKS WORKING WITH US. WE ARE VERY PROUD OF THE FACT THAT THE MAJORITY OF OUR WORKERS ARE CURRENTLY IN RECOVERY/SOBRIETY AND ALL OF THE OTHERS, WHILE NOT THERE YET, ARE IN A MUCH BETTER PLACE THAN THEY WERE PREVIOUSLY. IN ADDITION, IT IS ALSO AN IMPORTANT PART OF THE PROGRAM THAT WE FIND MORE STABLE HOUSING FOR OUR WORKERS AND WHILE THE VAST MAJORITY WERE PREVIOUSLY LIVING IN TENTS OR ON THE STREET, THEY ARE NOW LIVING IN LOW THRESHOLD, SUPPORTIVE HOUSING OR IN SRO'S OR APARTMENTS.THE END GOAL OF THIS INITIATIVE IS TO PROVIDE OUR WORKERS WITH THE OPPORTUNITY TO BE HIRED BY LOCAL COMPANIES IN PART-TIME OR FULL-TIME POSITIONS. WE HAVE PLACED MORE THAN 75 INDIVIDUALS INTO JOBS AND EXPECT TO INCREASE THAT NUMBER IN FY26.
    Expenses $1,043,849
  • SAFETY AND SECURITY PROGRAMA PRIORITY FOR THE BID IS THE SAFETY AND WELL-BEING OF ALL THOSE LIVING, WORKING, AND VISITING THE DISTRICT. IN JUNE 2022, NEW ENGLAND SECURITY BECAME OUR PARTNERS AND PROVIDES 24/7 SUPPLEMENTAL SECURITY THROUGHOUT THE AREA.WHILE BOSTON POLICE AND EMS DO A TREMENDOUS JOB IN OUR AREA, OUR SAFETY TEAM PROVIDES ANOTHER SET OF EYES AND "AN ADDED LAYER OF PROTECTION." OUR TEAM IS ABLE TO REDUCE THE NUMBER OF POTENTIAL 911 CALLS BY PROVIDING RAPID RESPONSE IN THE DISTRICT TO A WIDE RANGE OF LOWER-LEVEL INFRACTIONS. IN THE FIRST 5 MONTHS, 911 CALLS WERE DOWN APPROXIMATELY 13% AND OUR BID SECURITY OFFICERS HAVE DEVELOPED STRONG RELATIONSHIPS WITH THE POLICE, BUSINESS OWNERS AND RESIDENTS AND HAVE EARNED THE RESPECT AND TRUST OF THOSE LIVING ON THE STREETS.OVER THE PAST THREE YEARS, THE NEWMARKET SECURITY TEAM HAS ANSWERED HUNDREDS OF CALLS FROM OUR BUSINESSES AND RESIDENTS EVERY SINGLE MONTH, AND MAINTAINED AN AVERAGE RESPONSE TIME OF UNDER FIVE MINUTES. IN ADDITION TO DIRECT RESPONSES TO STAKEHOLDER CALLS, OUR OFFICERS PROACTIVELY ADDRESS MANY MORE INCIDENTS BEFORE THEY RISE TO THE LEVEL OF AFFECTING OUR STAKEHOLDERS. ALL IN ALL, THE BID'S SECURITY TEAM HAS RESPONDED TO OVER 45,000 INCIDENTS SINCE THEY STARTED WORKING WITH US THREE YEARS AGO.
    Expenses $901,071
  • STORAGE OF HOMELESS BELONGINGS PROGRAMSINCE EARLY 2022, AT THE REQUEST OF, AND PAID FOR BY, THE CITY OF BOSTON PUBLIC HEALTH DEPARTMENT, THE NEWMARKET BUSINESS IMPROVEMENT DISTRICT (NEWMARKET BID) COLLECTS AND SAFELY STORES PERSONAL BELONGINGS FOR UNSHELTERED INDIVIDUALS FOR UP TO 60 DAYS.THE BELONGINGS ARE STORED IN A STORAGE FACILITY CLOSE TO THE 112 SOUTHAMPTON SHELTER. THE FACILITY IS CLEAN, DRY AND ACCESSIBLE.THE NEWMARKET BID PROVIDES FOR THE TRANSPORTATION OF THESE BELONGINGS TO THE STORAGE FACILITY.THE NEWMARKET BID EMPLOYS A STORAGE MANAGER AND A STORAGE ASSISTANT WHO RESPOND TO REQUESTS FROM BOSTON PUBLIC HEALTH OFFICIALS FOR PICK-UP OF THE BELONGINGS MONDAY-FRIDAY, BETWEEN THE HOURS OF 8AM AND 4PM. ONE OF OUR REPRESENTATIVES IS NORMALLY ON SCENE FOR PICK-UP WITHIN HOUR/HOUR OF BEING REQUESTED BY THE DEPARTMENT OF PUBLIC HEALTH.THE COLLECTION OF PERSONAL BELONGINGS IS LIMITED ROUGHLY TO 2-3 (50 GALLON) STORAGE BUCKETS AND/OR LIMITED ADDITIONAL OTHER CLOSED CONTAINERS AS REQUESTED BY THE DEPARTMENT OF PUBLIC HEALTH. STORAGE MAY ALSO INCLUDE BICYCLES AND OTHER SIMILAR ITEMS AS REQUESTED.THE OWNERS OF THE PERSONAL BELONGINGS PACKS THE ITEMS FOR STORAGE AND THE STORAGE MANAGER SIGNS FOR THOSE ITEMS ONCE COLLECTED. NO ITEMS OF SIGNIFICANT VALUE CAN BE STORED AND THIS IS STIPULATED ON THE SIGNED AGREEMENT.THE NEWMARKET BID MAKES THE BELONGINGS AVAILABLE FOR RETRIEVAL BETWEEN 9AM AND 1PM, MONDAY THROUGH FRIDAY, EXCEPT ON HOLIDAYS OR DURING SIMILAR TIMING AS AGREED UPON WITH THE CITY OF BOSTON DEPT. OF PUBLIC HEALTH.THOSE INDIVIDUALS WHOSE BELONGINGS ARE IN STORAGE CAN REACH OUT TO AN OUTREACH WORKER AT THE 112 SHELTER OR THE ATKINSON STREET ENGAGEMENT CENTER TO REQUEST RETRIEVAL. THE DESIGNATED PERSON THEN CONTACTS THE STORAGE MANAGER EMPLOYED BY THE NEWMARKET BID AND THE BELONGINGS ARE RETURNED TO THEIR OWNER WITHIN ONE HALF HOUR. THE INDIVIDUALS CAN ALSO CALL THE BID OFFICE DIRECTLY IN ORDER TO REQUEST RETRIEVAL.THE NEWMARKET BID PROVIDES REGULAR REPORTS, AS REQUESTED, TO THE DEPARTMENT OF PUBLIC HEALTH THAT CONTAIN UP-TO-DATE DATA INDICATING THE OWNERS' NAMES, BELONGING DETAILS AND STORAGE DETAILS CURRENTLY IN STORAGE UNDER THIS PROGRAM. THE REPORTS ALSO INDICATE THE NAMES AND BELONGING DETAILS OF EACH INDIVIDUAL WHO RETRIEVED THEIR BELONGINGS.AT THE END OF THE 60 DAY STORAGE PERIOD OF AN INDIVIDUAL'S BELONGINGS, OR ANY TIME AFTER THAT DATE, THE NEWMARKET BID IS FREE TO DISPOSE OF THOSE BELONGINGS AFTER NOTIFYING THE BOSTON DEPARTMENT OF PUBLIC HEALTH OF THEIR INTENT TO DO SO. GENERALLY, EVERY EFFORT IS MADE TO CONTACT THE INDIVIDUAL BEFORE ANY DISPOSAL IS INITIATED.ADVOCACY PROGRAMTHE PRIMARY GOAL OF THE BID ADVOCACY PROGRAM IS TO: PROVIDE ADVOCACY TO SUPPORT THE DEVELOPMENT GOALS OF THE DISTRICT AND MAINTAIN NEWMARKET AS THE JOBS CENTER OF THE CITY. PROVIDE A VOICE FOR DISTRICT STAKEHOLDERS ON ISSUES IMPACTING THE NEWMARKET AREA. PROMOTE BUSINESS AND RESIDENTIAL ACTIVITIES. REACH OUT TO ELECTED OFFICIALS AND DECISION-MAKERS TO ADVOCATE FOR A BETTER QUALITY OF LIFE FOR THE STAKEHOLDERS OF THE DISTRICT. WORK AS THE PRIMARY ADVOCATE AND VOICE OF ITS MEMBERSHIP FOR THE BETTERMENT OF THE NEWMARKET DISTRICT. IMPROVE THE QUALITY OF LIFE OF ALL WHO LIVE, WORK, AND VISIT THE NEWMARKET DISTRICT.
    Expenses $152,158 · grants $16,454 · revenue $2,516,388

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
87-4519402
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,315,249
Income (IRS master file)
$4,016,355

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$4,016,355$3,700,460$2,315,249IRS
990June 2024$3,681,214$3,600,963$1,226,058IRS
990June 2023$3,563,681$3,028,591$1,211,088XML
990June 2022$1,004,213$648,708$598,395IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-4519402).

Questions about NEWMARKET BUSINESS IMPROVEMENT DISTRICT

What is the EIN of NEWMARKET BUSINESS IMPROVEMENT DISTRICT?
The employer identification number (EIN) of NEWMARKET BUSINESS IMPROVEMENT DISTRICT is 87-4519402.
Is NEWMARKET BUSINESS IMPROVEMENT DISTRICT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to NEWMARKET BUSINESS IMPROVEMENT DISTRICT tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEWMARKET BUSINESS IMPROVEMENT DISTRICT file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NEWMARKET BUSINESS IMPROVEMENT DISTRICT due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEWMARKET BUSINESS IMPROVEMENT DISTRICT last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of NEWMARKET BUSINESS IMPROVEMENT DISTRICT?
The 990 for the year ended June 30, 2025 names SUSAN SULLIVAN.
Who are the officers and directors of NEWMARKET BUSINESS IMPROVEMENT DISTRICT?
The 990 for the year ended June 30, 2025 lists 23 people; 1 received compensation from the organization, the highest $185,361 (SUSAN SULLIVAN, PRESIDENT/CLERK).
How much revenue does NEWMARKET BUSINESS IMPROVEMENT DISTRICT have?
On its 990 for the year ended June 30, 2025 it reported revenue of $4,016,355, expenses of $3,700,460 and total assets of $2,315,249 at year end.

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