DOWNTOWN RALEIGH ALLIANCE: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- DOWNTOWN RALEIGH ALLIANCE (EIN 56-1994005)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-03-31
- IRS object ID
- 202510909349300846
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-03-31T18:06:10-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 844233121 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHARPE PATEL CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5510 SIX FORKS ROAD SUITE 140 | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27609 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 561994005 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DOWNTOWN RALEIGH ALLIANCE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DOWN | BusinessNameControlTxt |
| Phone | 9195321231 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 FAYETTEVILLE STREET SUITE 1150 | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27601 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BILL KING | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 9195321231 | PhoneNum |
| Signature | 2025-02-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | REBECCA FISHER | PreparerPersonNm |
| PTIN | P01690017 | PTIN |
| Phone | 7044993893 | PhoneNum |
| Preparation | 2025-02-24 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | BILL KING | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 FAYETTEVILLE STREET SUITE 1150 | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,393,530 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.DOWNTOWNRALEIGH.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1996 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | ADVANCING THE VITALITY OF DOWNTOWN RALEIGH FOR EVERYONE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 36 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 35 | VotingMembersIndependentCnt |
| Total Employee | 17 | TotalEmployeeCnt |
| Total Volunteers | 35 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $234,713 | PYContributionsGrantsAmt |
| CY Contributions Grants | $343,886 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,831,613 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $3,044,517 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,881 | PYInvestmentIncomeAmt |
| CY Investment Income | $5,127 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,914 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $3,074,121 | PYTotalRevenueAmt |
| CY Total Revenue | $3,393,530 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $41,151 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $78,852 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,125,892 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,280,875 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,718,133 | PYOtherExpensesAmt |
| CY Other Expenses | $2,026,453 | CYOtherExpensesAmt |
| PY Total Expenses | $2,885,176 | PYTotalExpensesAmt |
| CY Total Expenses | $3,386,180 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $188,945 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $7,350 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,726,101 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,810,181 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $528,479 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $605,209 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,197,622 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,204,972 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | ADVANCING THE VITALITY OF DOWNTOWN RALEIGH FOR EVERYONE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,405,862 | ExpenseAmt |
| Revenue | $2,884,056 | RevenueAmt |
| Desc | THE DOWNTOWN RALEIGH COMMUNITY ENGAGEMENT, SAFETY, AND SOCIAL SERVICES OUTREACH PROGRAM FOSTERS A WELCOMING AND SAFE ENVIRONMENT IN DOWNTOWN THROUGH THE EFFORTS OF 14 AMBASSADORS, AS OF JUNE 30, 2024, WHO PATROL THE PUBLIC REALM WITHIN THE MUNICIPAL SERVICES DISTRICT SEVEN DAYS A WEEK. THE SAFETY AMBASSADORS ALSO PROVIDE A STRONG, UNIFORMED PRESENCE, ENHANCING THE SENSE OF SAFETY WITH THEIR PATROLS OF THE MUNICIPALLY-OWNED PARKING DECKS AND LOTS. CLAD IN HIGHLY VISIBLE BLUE UNIFORMS AND EQUIPPED WITH HAND-HELD RADIOS, THE AMBASSADORS SERVE AS SUPPLEMENTARY "EYES AND EARS" FOR THE DOWNTOWN DIVISION OF THE RALEIGH POLICE DEPARTMENT.IN ADDITION, THE AMBASSADOR TEAM CONTINUES TO INCREASE INTERACTIONS WITH THE COMMUNITY BY PROVIDING ONGOING INFORMATIONAL AND SAFETY PRESENTATIONS FOR BUSINESSES AND STAKEHOLDER GROUPS, PREPARING NEW EMPLOYEES MOVING INTO DOWNTOWN RALEIGH, AND HOLDING MONTHLY MEETINGS WITH THE RALEIGH POLICE DISTRICT CAPTAIN TO STRATEGIZE WAYS TO LOWER CRIME. THIS PROACTIVE APPROACH HELPS BUILD TRUST AND COLLABORATION WITHIN THE COMMUNITY.IN FY24, THE DOWNTOWN AMBASSADORS PROVIDED THE FOLLOWING SERVICES:BUSINESS CHECK-INS: 9,704HOT SPOT CHECKS: 19,229SAFE WALKS: 664HOSPITALITY ASSISTANCE (INCLUDING DINING RECOMMENDATIONS, DIRECTIONS, AND MOTORIST ASSISTANCE): 1,441DIRECTIONS: 266MOTORIST ASSISTS: 364SAFETY AMBASSADORS DECK PATROLS: 8,391 LOGGED PATROLS OF THE MUNICIPALLY-OWNED PARKING DECKS AND LOTS | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $740,507 | ExpenseAmt |
| Grant | $78,852 | GrantAmt |
| Revenue | $108,450 | RevenueAmt |
| Desc | THE PRIMARY GOALS OF THE STOREFRONT DEVELOPMENT PROGRAM ARE TO CONTRIBUTE TO DOWNTOWN RALEIGH'S ECONOMIC SUCCESS BY ATTRACTING NEW BUSINESSES TO VACANT STOREFRONTS, PROVIDING MARKET DATA TO ATTRACT NEW INVESTMENT AND EMPLOYERS, AND OFFERING NEW OPPORTUNITIES AND RESOURCES TO A DIVERSE SET OF BUSINESSES AND ENTREPRENEURS. DRA MONITORS 10 PEDESTRIAN COUNTERS IN DOWNTOWN TO MEASURE FOOT TRAFFIC, HELPING TO ATTRACT TENANTS AND AID LAND USE DECISIONS. DRA CONTINUED ITS UPFIT GRANT WITH THE GOAL OF CREATING AN INCENTIVE TO ATTRACT NEW RETAIL OR AID IN THE EXPANSION OF EXISTING RETAIL IN DOWNTOWN RALEIGH. IN PARTNERSHIP WITH THE CITY OF RALEIGH, OUR ECONOMIC DEVELOPMENT STAFF ACTIVELY WORKS WITH RETAIL BROKERS AND LANDLORDS TO FILL STOREFRONT SPACES IN DOWNTOWN. IN FY24, 65 STOREFRONT BUSINESSES OPENED OR SIGNIFICANTLY EXPANDED IN DOWNTOWN, ADDING NEW JOBS AND EXPANDING TAX REVENUES. DRA CONTINUED ITS PARTNERSHIP WITH WAKE TECH TO PROVIDE POP-UP SPACE FOR MINORITY- AND WOMEN-OWNED RETAIL BUSINESSES. THE ECONOMIC DATA AND ANALYSIS TRACKED EACH YEAR IS TRANSLATED INTO DRA'S STATE OF DOWNTOWN REPORT. THE REPORT INCLUDES MARKET TRENDS, POPULATION DATA AND PROJECTIONS, DATA ON DOWNTOWN DEVELOPMENT, AND OVERVIEWS OF EVERYTHING DOWNTOWN. THE REPORT COMPLEMENTS OUR STATE OF DOWNTOWN ANNUAL EVENT, ATTENDED BY OVER 500 OF DOWNTOWN'S TOP BUSINESS LEADERS AND COMMUNITY MEMBERS.DRA ALSO CONDUCTS PLANNING AND TRANSPORTATION INITIATIVES TO IMPROVE ACCESSIBILITY AND CONNECTIVITY IN DOWNTOWN RELATED TO BICYCLE, PEDESTRIAN, TRANSIT, AND PARKING INFRASTRUCTURE. DRA PROVIDED COMMUNITY MEETINGS AND SUPPORT FOR IMPROVEMENTS IN ACCESSIBILITY, CHANGES TO DOWNTOWN PARKING, AND ADVOCACY FOR NEW BIKE LANES IN DOWNTOWN. IN FY24, DRA STAFF, IN COORDINATION WITH THE CITY OF RALEIGH AND A TEAM OF CONSULTANTS, MANAGED A VISIONING PROCESS FOR THE DEVELOPMENT OF A NEW "DOWNTOWN ECONOMIC DEVELOPMENT STRATEGY." RECOMMENDATIONS FROM THE STRATEGY WILL GUIDE NEW INVESTMENT, PROGRAMS, POLICIES, AND ACTIVATIONS IN DOWNTOWN RALEIGH OVER THE NEXT FIVE YEARS.DOWNTOWN RALEIGH ALLIANCE'S MARKETING EFFORTS SHARE THE ORGANIZATION'S MISSION WITH OUR STAKEHOLDERS, BRING VISIBILITY TO THE ORGANIZATION AND THE DOWNTOWN COMMUNITY, AND POSITION DOWNTOWN RALEIGH AS A VIBRANT CITY CENTER.DRA'S COMMUNICATIONS CHANNELS INCLUDE 14 ORGANIZATIONAL AND PROGRAM WEBSITES, 4 EMAIL NEWSLETTERS, AND SOCIAL MEDIA ACCOUNTS WITH MORE THAN 230,000 FOLLOWERS ACROSS FACEBOOK, INSTAGRAM, X, AND LINKEDIN. AN ESTIMATED 350+ BUSINESSES WERE PROMOTED VIA THESE CHANNELS IN MORE THAN 900 INSTANCES OVER THE LAST YEAR.MARKETING CAMPAIGNS, INCLUDING BLOGS TO HIGHLIGHT CULTURAL AND AFFINITY CELEBRATIONS SUCH AS BLACK HISTORY MONTH AND WOMEN'S HISTORY MONTH, RETAIL PROMOTIONS SUCH AS RESTAURANT WEEK AND HOLIDAY HUB, AND EVENT-SPECIFIC PROMOTIONS FOR FIRST FRIDAY, ILLUMINATE ART WALK, LIVE AFTER 5, AND OTHERS GARNERED NEARLY 1 MILLION IMPRESSIONS ACROSS CHANNELS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $550,173 | ExpenseAmt |
| Revenue | $52,011 | RevenueAmt |
| Desc | THE BALANCED ACTIVATIONS PROGRAM SERVES AS THE FACE OF THE ORGANIZATION TO THE COMMUNITY. IN FY24, DOWNTOWN RALEIGH ALLIANCE HOSTED 16 OUTDOOR EVENTS, ATTRACTING 40,000 ATTENDEES. THE DECREASE IN THE NUMBER OF OUTDOOR EVENTS WAS DUE TO THE ELIMINATION OF MOORE SQUARE MARKET FOR VARIOUS REASONS.LIVE AFTER 5 IS A SUMMER CONCERT SERIES THAT TAKES PLACE ON THE LAST WEDNESDAYS OF THE MONTH FROM MAY TO AUGUST. THIS YEAR, IT CELEBRATED WOMEN IN MUSIC, CULMINATING IN A FINALE WITH THE NATIONAL ACT SIXPENCE NONE THE RICHER. THIS MUSIC SERIES ALSO BRINGS FOOT TRAFFIC TO DOWNTOWN RESTAURANTS MID-WEEK AND ENCOURAGES DOWNTOWN OFFICE WORKERS TO STAY AFTER WORK FOR A FUN EVENING.OTHER ACTIVATIONS AROUND DOWNTOWN, SUCH AS THE FEMINIST FIRST FRIDAY, ILLUMINATE ART WALK EVENTS, AND JAZZ IN THE SQUARE, ALSO DREW HEIGHTENED ATTENTION AND INTEREST FROM THE COMMUNITY. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $382,155 | ExpenseAmt |
| Desc | THE BEAUTIFICATION AND CONNECTIVITY PROGRAM PROVIDES PUBLIC ART AND BEAUTIFICATION PROJECTS SUCH AS MURALS, ALONG WITH INITIATIVES TO IMPROVE ACCESSIBILITY AND CONNECTIVITY IN DOWNTOWN, RELATED TO BICYCLE, PEDESTRIAN, AND PARKING INFRASTRUCTURE. IN FY24, DRA ADDED ONE MURAL TO BEAUTIFY AREAS THROUGHOUT DOWNTOWN. DRA ALSO PROVIDED COMMUNITY MEETINGS AND SUPPORT FOR IMPROVEMENTS IN ACCESSIBILITY, CHANGES TO DOWNTOWN PARKING, AND ADVOCACY FOR NEW BIKE LANES IN DOWNTOWN.THE PRIMARY GOAL OF THE ADVOCACY & SUSTAINABILITY PROGRAM IS TO BRING TOGETHER OVER 2,000 STAKEHOLDERS AND MEMBERS THAT SUPPORT DRA'S MUNICIPAL SERVICES DISTRICT TO COLLABORATE FOR THE BENEFIT OF THE CITY. DRA BRINGS THESE GROUPS TOGETHER THROUGH TOWN HALL MEETINGS, LARGE CORPORATE EVENTS, AND BY PROVIDING STRATEGIC RESOURCES TO ENCOURAGE GROWTH IN DOWNTOWN RALEIGH. IN FY24, DRA HELD FOUR VIRTUAL TOWN HALLS CALLED DOWNTOWN RUNDOWNS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $382,155 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $3,078,697 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (1) | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 51 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 17 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 36 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 35 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SAM BROMLEY | PersonNm |
| Phone | 9195321231 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 FAYETTEVILLE STREET SUITE 1150 | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27601 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| BILL KING | |||||||
| PRESIDENT & CEO | 20.00 | 20.00 | Yes (X) | Yes (X) | $188,008 | $0 | $0 |
| DAVID MEEKER | |||||||
| PAST CHAIR | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| SKIP HILL | |||||||
| VICE CHAIR/CHAIR-ELECT | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JOSEPH BO DEMPSTER | |||||||
| LEGAL COUNSEL | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| TIA MCLAURIN | |||||||
| AT LARGE MEMBER | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MICHAEL MUNN | |||||||
| AT LARGE MEMBER | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ALLYSON DICKENS | |||||||
| TREASURER | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| PAULETTE DILLARD | |||||||
| BOARD CHAIR | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| BRITT THOMAS | |||||||
| SECRETARY | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MARY-ANN BALDWIN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MONICA BARNES | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TIFFANY BARRIER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRIS BUDNICK | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PETE BYERS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| NICHOLLE ALLEN-STEELE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ADRIENNE COLE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| NATALIE BATTEN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DENNY EDWARDS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID ELLIS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| EMILY WILLIAMS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DERRICK REMER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHNNY HACKETT | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| YVETTE HOLMES | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GREGG SANDREUTER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHARLIE IBARRA | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CARLY JONES | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MAGGIE KANE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBBY LAWSON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MATT LILLEY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LARRY MILLER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BRIAN O'HAVER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| EVAN RALEIGH | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| FELICIA TRUJILLO | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MIKE SMITH | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ZAC VUNCANNON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JASON WIDEN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $188,008 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| STREETPLUS COMPANY LLC | |||||
| 154 CONOVER STREET | BROOKLYN | NY | 11231 | MAINTENANCE SERVICES | $606,751 |
| 333 VENTURES LLC | |||||
| 333 FAYETTEVILLE STREET SUITE 100 | RALEIGH | NC | 27601 | REAL ESTATE | $145,463 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $40,000 | RelatedOrganizationsAmt |
| Government Grants | $20,000 | GovernmentGrantsAmt |
| All Other Contributions | $283,886 | AllOtherContributionsAmt |
| Total Contributions | $343,886 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| PROPERTY ASSESSMENT | 531390 | $2,338,931 | $2,338,931 |
| PARKING CONTRACT | 561499 | $488,014 | $488,014 |
| ECONOMIC DEVELOPMENT | 812930 | $108,450 | $108,450 |
| SOCIAL SERVICES AMBASS | 624200 | $57,111 | $57,111 |
| ARTS & SPECIAL EVENTS | 713990 | $52,011 | $52,011 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $3,044,517 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,127 | TotalRevenueColumnAmt |
| Exclusion | $5,127 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,393,530 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,044,517 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,127 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $78,852 | TotalAmt |
| Program Services | $78,852 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $188,008 | TotalAmt |
| Program Services | $161,687 | ProgramServicesAmt |
| Management And General | $26,321 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $929,080 | TotalAmt |
| Program Services | $798,963 | ProgramServicesAmt |
| Management And General | $130,117 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,052 | TotalAmt |
| Program Services | $69,705 | ProgramServicesAmt |
| Management And General | $11,347 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,735 | TotalAmt |
| Program Services | $71,152 | ProgramServicesAmt |
| Management And General | $11,583 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,944 | TotalAmt |
| Management And General | $11,944 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,811 | TotalAmt |
| Management And General | $3,811 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $235,386 | TotalAmt |
| Program Services | $235,386 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,547 | TotalAmt |
| Program Services | $15,049 | ProgramServicesAmt |
| Management And General | $4,498 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,900 | TotalAmt |
| Program Services | $46,123 | ProgramServicesAmt |
| Management And General | $13,777 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,736 | TotalAmt |
| Program Services | $22,178 | ProgramServicesAmt |
| Management And General | $4,558 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $204,538 | TotalAmt |
| Program Services | $173,857 | ProgramServicesAmt |
| Management And General | $30,681 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,572 | TotalAmt |
| Management And General | $8,572 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| AMBASSADOR PROGRAM | $844,538 | $844,538 | |
| SPECIAL PROGRAMS | $386,979 | $386,979 | |
| REPAIRS & MAINTENANCE | $196,748 | $151,496 | $45,252 |
| DATA FEES | $22,841 | $18,949 | $3,892 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,913 | TotalAmt |
| Program Services | $3,783 | ProgramServicesAmt |
| Management And General | $1,130 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,386,180 | TotalAmt |
| Program Services | $3,078,697 | ProgramServicesAmt |
| Management And General | $307,483 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $130,763 | BOYAmt |
| EOY | $85,493 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,024,562 | BOYAmt |
| EOY | $1,088,855 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,573 | BOYAmt |
| EOY | $37,096 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,168 | BOYAmt |
| EOY | $55,209 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $344,345 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $292,185 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,338 | BOYAmt |
| EOY | $52,160 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $466,697 | BOYAmt |
| EOY | $491,368 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,726,101 | BOYAmt |
| EOY | $1,810,181 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $94,296 | BOYAmt |
| EOY | $129,041 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,250 | BOYAmt |
| EOY | $9,500 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $407,933 | BOYAmt |
| EOY | $466,668 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $528,479 | BOYAmt |
| EOY | $605,209 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,197,622 | BOYAmt |
| EOY | $1,204,972 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,197,622 | BOYAmt |
| EOY | $1,204,972 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,726,101 | BOYAmt |
| EOY | $1,810,181 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $7,350 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | Yes (1) | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | 0 | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | 0 | AgreeCarryoverPriorYearInd |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $57,811 | OtherCostOrOtherBasisAmt |
| Depreciation | $32,920 | DepreciationAmt |
| Book Value | $24,891 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $286,534 | OtherCostOrOtherBasisAmt |
| Depreciation | $259,265 | DepreciationAmt |
| Book Value | $27,269 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $52,160 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| SECURITY DEPOSITS | $9,974 |
| DUE TO/FROM RCV | $31,895 |
| RIGHT OF USE LEASE ASSET NET OF AMORTIZATION | $449,499 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $491,368 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LEASE LIABILITY | Desc |
| Amt | $466,668 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $466,668 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | DOWNTOWN RALEIGH ALLIANCE (THE ORGANIZATION") IS EXEMPT FROM INCOME TAXES AS A NOT-FOR-PROFIT ORGANIZATION UNDER INTERNAL REVENUE SERVICE ("IRS") CODE SECTION 501(C)(6). DURING THE YEARS ENDED JUNE 30, 2024 AND 2023, THE ORGANIZATION DID NOT HAVE ANY INCOME SUBJECT TO TAXATION AS UNRELATED BUSINESS TAXABLE INCOME. THE ORGANIZATION EVALUATES ANY UNCERTAIN TAX POSITIONS. ACCORDINGLY, THE ORGANIZATION'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE ORGANIZATION, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION OF MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT DOES NOT BELIEVE ANY SIGNIFICANT INCOME TAX UNCERTAINTIES EXIST AS OF JUNE 30, 2024 AND 2023. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| BARBER WINE COMPANY | ||||||||
| 123 EAST MARTIN STREET | RALEIGH | NC | 27601 | 921689144 | $10,196 | $0 | FMV | STORE FRONT UPLIFT |
| BLACKBIRD BOOKS AND COFFEE LLC | ||||||||
| 213 JASON WAY | YOUNGSVILLE | NC | 27596 | 921311463 | $12,500 | $0 | FMV | STOREFRONT UPFIT GRANT |
| FLAVOR HILLS | ||||||||
| 2121 N MARINE BLVD | JACKSONVILLE | NC | 28546 | 862930952 | $15,000 | $0 | FMV | STOREFRONT UPFIT GRANT |
| RALEIGH POPSICLE CO | ||||||||
| 119 E HARGETT ST STE 110 | RALEIGH | NC | 27601 | 863856782 | $8,330 | $0 | FMV | STOREFRONT UPFIT GRANT |
| ROLLEY LLC | ||||||||
| 206 FAYVETTEVILLE STREET | RALEIGH | NC | 27601 | 870829795 | $7,500 | $0 | FMV | STOREFRONT UPFIT GRANT |
| THE BATH PLACE LLC | ||||||||
| 205 NE MAIN STREET | ROCKY MOUNT | NC | 27801 | 270844513 | $5,345 | $0 | FMV | STOREFRONT UPFIT GRANT |
| THE GREEN MONKEY | ||||||||
| 1217 HILLSBOROUGH STREET | RALEIGH | NC | 27603 | 463507458 | $15,000 | $0 | FMV | STOREFRONT UPFIT GRANT |
| HAUSE OF DOGS LLC | ||||||||
| 421 N HARRINGTON STREET STE 120 | RALEIGH | NC | 27603 | 920721095 | $2,481 | $0 | FMV | STOREFRONT UPFIT GRANT |
| NORTH SOUTH HOSPITALITY LLC | ||||||||
| 927 W MORGAN STREET STE 116 | RALEIGH | NC | 27603 | 883562221 | $2,500 | $0 | FMV | STOREFRONT UPFIT GRANT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Org | 9 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION MAINTAINS RECORDS TO SUBSTANTIATE THE AMOUNTS OF ASSISTANCE PROVIDED TO OTHER ORGANIZATIONS AND MONITORS THE USE OF THE ASSISTANCE PROVIDED. THIS ENSURES THAT THE FUNDS ARE USED APPROPRIATELY AND ALIGN WITH THE ORGANIZATION'S MISSION AND GOALS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BILL KING | PersonNm |
| Title | PRESIDENT & CEO | TitleTxt |
| Base Compensation Filing Org | $188,008 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $0 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $0 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $188,008 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION HAS A COMPENSATION COMMITTEE WHICH REVIEWS CEO PERFORMANCE ANNUALLY. THE COMMITTEE CONSISTS OF THE CURRENT BOARD CHAIR, THE IMMEDIATE PAST CHAIR, AND THE INCOMING CHAIR. THE COMMITTEE HAS SUPPLEMENTED THEIR REVIEW BY REFERENCING THE CEO'S SALARY SURVEY CREATED BY THE INTERNATIONAL DOWNTOWN ASSOCIATION. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE FINANCE MANAGER, PRESIDENT/CEO, AND CHAIRMAN OF THE BOARD WILL REVIEW THE FORM 990 ON BEHALF OF THE BOARD OF DIRECTORS, WITH A FOLLOW-UP PROVIDED TO THE BOARD FOLLOWING THE EXECUTIVE REVIEW. ANY RELEVANT INQUIRIES ARE MADE TO THE ORGANIZATION'S EXTERNAL CPA FIRM FOR RESOLUTION. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANY DIRECTOR, OFFICER, OR EMPLOYEE OF THE DOWNTOWN RALEIGH ALLIANCE WHO HAS, OR WHOSE RELATIVE HAS, A SUBSTANTIAL INTEREST IN ANY CONTRACT, SALE, PURCHASE, OR SERVICE TO THE DOWNTOWN RALEIGH ALLIANCE SHALL MAKE THAT INTEREST KNOWN TO THE BOARD OF DIRECTORS PRIOR TO ANY ACTION OR APPROVAL WITH RESPECT TO SUCH CONTRACT, SALE, PURCHASE, OR SERVICE. ANY DIRECTOR WHO HAS SUCH AN INTEREST, AND ANY DIRECTOR HAVING A RELATIVE WITH SUCH AN INTEREST, SHALL REFRAIN FROM VOTING UPON OR OTHERWISE PARTICIPATING IN SUCH A TRANSACTION. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE ORGANIZATION HAS A COMPENSATION COMMITTEE WHICH REVIEWS CEO PERFORMANCE ANNUALLY. THE COMMITTEE CONSISTS OF THE CURRENT BOARD CHAIR, THE IMMEDIATE PAST CHAIR, AND THE INCOMING CHAIR. THE COMMITTEE HAS SUPPLEMENTED THEIR REVIEW BY REFERENCING THE CEO'S SALARY SURVEY CREATED BY THE INTERNATIONAL DOWNTOWN ASSOCIATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RALEIGH CIVIC VENTURES INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 FAYETTEVILLE ST SUITE 1150 | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 562095185 | EIN |
| Primary Activities | PUBLIC CHARITY | PrimaryActivitiesTxt |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 12B, II | PublicCharityStatusTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| RALEIGH CIVIC VENTURES INC | ||
| O | $40,000 | MANAGEMENT CONTRACT |
| RALEIGH CIVIC VENTURES INC | ||
| D | $31,895 | OUTSTANDING A/R |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R, PART V, LINE 2 | FormAndLineReferenceDesc |
| Explanation | THE TOTAL AMOUNT BILLED FOR THE MANAGEMENT AGREEMENT BETWEEN RALEIGH CIVIC VENTURES INC. (RCV) AND DOWNTOWN RALEIGH ALLIANCE INC. (DRA) FOR THE YEAR ENDED JUNE 30, 2024, WAS $40,000. THIS AMOUNT WAS FOR THE SHARING OF OFFICE SPACE AND PAID EMPLOYEES AS DISCLOSED ABOVE. | ExplanationTxt |
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