DOWNTOWN RALEIGH ALLIANCE: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
DOWNTOWN RALEIGH ALLIANCE (EIN 56-1994005)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-05-01
IRS object ID
202341219349302909
Schema version
2021v4.0
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

FieldValueIRS element (for citing)
Return2023-05-01T23:31:10-04:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN844233121PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SHARPE PATEL CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1325 ARLINGTON AVE STE 630AddressLine1Txt
CityCHARLOTTECityNm
State AbbreviationNCStateAbbreviationCd
ZIP28203ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN561994005EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DOWNTOWN RALEIGH ALLIANCE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlDOWNBusinessNameControlTxt
Phone9195321231PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1333 FAYETTEVILLE STREET SUITE 1150AddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27601ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBILL KINGPersonNm
Person TitlePRESIDENT AND CEOPersonTitleTxt
Phone9195321231PhoneNum
Signature2023-04-28SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstBILLPersonFirstNm
Person LastKINGPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMEGAN RUSHFORD CPAPreparerPersonNm
PTINP01317611PTIN
Phone7044993893PhoneNum
Preparation2023-04-28PreparationDt
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBILL KINGPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1333 FAYETTEVILLE STAddressLine1Txt
Address Line2SUITE 1150AddressLine2Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27601ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,444,068GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.DOWNTOWNRALEIGH.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1996FormationYr
Legal Domicile StateNCLegalDomicileStateCd
Activity Or MissionADVANCING THE VITALITY OF DOWNTOWN RALEIGH FOR EVERYONE.ActivityOrMissionDesc
Voting Members Governing Body36VotingMembersGoverningBodyCnt
Voting Members Independent35VotingMembersIndependentCnt
Total Employee17TotalEmployeeCnt
Total Volunteers35TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$841,467PYContributionsGrantsAmt
CY Contributions Grants$550,715CYContributionsGrantsAmt
PY Program Service Revenue$1,803,591PYProgramServiceRevenueAmt
CY Program Service Revenue$1,777,012CYProgramServiceRevenueAmt
PY Investment Income$218PYInvestmentIncomeAmt
CY Investment Income$103CYInvestmentIncomeAmt
PY Other Revenue$345PYOtherRevenueAmt
CY Other Revenue$116,238CYOtherRevenueAmt
PY Total Revenue$2,645,621PYTotalRevenueAmt
CY Total Revenue$2,444,068CYTotalRevenueAmt
PY Grants And Similar Paid$382,352PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$49,500CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$771,118PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$917,539CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,488,876PYOtherExpensesAmt
CY Other Expenses$1,406,351CYOtherExpensesAmt
PY Total Expenses$2,642,346PYTotalExpensesAmt
CY Total Expenses$2,373,390CYTotalExpensesAmt
PY Revenues Less Expenses$3,275PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$70,678CYRevenuesLessExpensesAmt
Total Assets BOY$1,270,940TotalAssetsBOYAmt
Total Assets EOY$1,180,214TotalAssetsEOYAmt
Total Liabilities BOY$319,182TotalLiabilitiesBOYAmt
Total Liabilities EOY$157,778TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$951,758NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,022,436NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionADVANCING THE VITALITY OF DOWNTOWN RALEIGH FOR EVERYONE.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$994,955ExpenseAmt
Revenue$489,552RevenueAmt
DescTHE DOWNTOWN RALEIGH COMMUNITY ENGAGEMENT, SAFETY, AND SOCIAL SERVICES OUTREACH PROGRAM FOSTERS A WELCOMING AND SAFE ENVIRONMENT IN DOWNTOWN THROUGH THE EFFORTS OF 16 AMBASSADORS, AS OF JUNE 30, 2022, WHO PATROL THE PUBLIC REALM WITHIN THE MUNICIPAL SERVICES DISTRICT SEVEN DAYS A WEEK. THE SAFETY AMBASSADORS ALSO PROVIDE A STRONG, UNIFORMED PRESENCE ELEVATING A SENSE OF SAFETY WITH THEIR PATROLS OF THE MUNICIPAL-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 THROUGH MONTHLY MEETINGS WITH THE RALEIGH POLICE DISTRICT CAPTAIN TO STRATEGIZE WAYS TO LOWER CRIME. IN FY22, THE DOWNTOWN AMBASSADORS PROVIDED THE FOLLOWING NUMBER OF BUSINESS AND HOT SPOT CHECKS, SAFE WALKS, HOSPITALITY ASSISTANCE INCLUDING DINING RECOMMENDATIONS, DIRECTIONS, AND MOTORIST ASSISTANCE: -STAKEHOLDER CHECK-INS: 4,182 -HOT SPOT CHECKS: 15,436 -SAFE WALKS: 527 -HOSPITALITY: 362 -DIRECTIONS: 788 -MOTORIST ASSISTS: 118 OUR SAFETY AMBASSADORS LOGGED 13,068 PATROLS OF THE MUNICIPAL-OWNED PARKING DECKS AND LOTS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$571,022ExpenseAmt
Grant$49,500GrantAmt
Revenue$1,277,960RevenueAmt
DescTHE PRIMARY GOALS OF STOREFRONT DEVELOPMENT PROGRAM ARE TO CONTRIBUTE TO DOWNTOWN'S ECONOMIC SUCCESS BY ATTRACTING NEW BUSINESSES TO VACANT STOREFRONTS, PROVIDE MARKET DATA TO ATTRACT NEW INVESTMENT AND EMPLOYERS, AND PROVIDE NEW OPPORTUNITIES AND RESOURCES TO DIVERSE SET OF BUSINESSES AND ENTREPRENEURS. DRA MONITORS SIX PEDESTRIAN COUNTERS IN DOWNTOWN TO MEASURE FOOT TRAFFIC TO HELP ATTRACT TENANTS AND AID LAND USE DECISIONS. DRA CONTINUED ITS RETAIL UP-FIT GRANT WITH THE GOAL OF CREATING AN INCENTIVE TO ATTRACT NEW RETAIL OR AID IN THE EXPANSION OF EXISTING RETAIL IN DOWNTOWN RALEIGH. DRA AWARDED 8 GRANTS IN FY-22, TOTALING 57,500. IN PARTNERSHIP WITH THE CITY OF RALEIGH'S ECONOMIC DEVELOPMENT OFFICE AND THE PLANNING DEPARTMENT, OUR ECONOMIC DEVELOPMENT STAFF ACTIVELY WORKS WITH RETAIL BROKERS AND LANDLORDS TO FILL STOREFRONT SPACES IN DOWNTOWN. IN FY- 20, 44 NEW STREET LEVEL BUSINESSES OPENED, ADDING NEW JOBS AND EXPANDING TAX REVENUES WITH 16 NEW BUSINESSES HELPING TO BUILD CLUSTERS OR ADDRESS GAPS, WITH 10 OF THOSE NEW BUSINESSES BEING NEW RETAIL. DRA CONTINUED ITS PARTNERSHIP WITH WAKE TECH TO PROVIDE POP-UP SPACE TO MINORITY AND WOMEN- OWNED BUSINESSES WITH ONE SUCCESSFUL POP-UP ESTABLISHED THROUGH THE PROGRAM. DRA ALSO HELD 4 SMALL BUSINESS WORKSHOPS, INCLUDING ONE WORKSHOP FOCUSED SPECIFICALLY ON MINORITY AND WOMEN-OWNED BUSINESS SUPPORT. THE ECONOMIC DATA AND ANALYSIS TRACKING EACH YEAR IS THEN 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 COMPLIMENTS OUR STATE OF DOWNTOWN ANNUAL EVENT, ATTENDED BY OVER 600 OF DOWNTOWN'S TOP BUSINESS LEADERS AND MEMBERS OF THE COMMUNITY. DRA'S MARKETING PLATFORM SERVES TO ENGAGE OUR STAKEHOLDERS, INFLUENCERS, AND THE PUBLIC TO HEIGHTEN VISIBILITY OF OUR ORGANIZATION AND RECOGNIZE DOWNTOWN AS A VIBRANT AND VITAL URBAN CENTER. THE ALLIANCE PRODUCES 15 COMMUNICATION CAMPAIGNS AND 14 STAND-ALONE PROGRAM WEBSITES. THE WE ARE DOWNTOWN VIDEO SERIES, WHICH HIGHLIGHTED OVER A DOZEN SMALL BUSINESSES AND THEIR OWNERS, SERVED TO CONNECT RALEIGH'S COMMUNITY AS THE COVID-19 PANDEMIC GREW. DRA'S ANNUAL RESTAURANT WEEK, IG LIVE, AND SHOP LOCAL CAMPAIGNS SERVED AS FURTHER OUTREACH. IN ADDITION, THE ORGANIZATION HAS ATTRACTED CLOSE TO 192,000 FOLLOWERS THROUGH ITS FACEBOOK, TWITTER, INSTAGRAM, AND LINKEDIN ACCOUNTS FOR ORGANIZATIONAL AND INDIVIDUAL PROGRAM ACCOUNTS. THE DOWNTOWN APP WAS DOWNLOADED BY 1,006 INDIVIDUALS. THE DRA EVENTS CALENDAR AVERAGED 3,000 PAGE VIEWS PER MONTH DUE TO THE IMPACTS OF COVID-19 AND ASSOCIATED QUARANTINE PHASE. OVER 200 BUSINESSES WERE PROMOTED THROUGH DRA'S COMMUNICATIONS CHANNELS INCLUDING SOCIAL MEDIA ACCOUNTS AND NEWSLETTERS WITH A COMBINED MORE THAN 15,000 SUBSCRIBERS. DRA'S NEWSLETTER AVERAGE OPEN RATE IS HIGHER THAN THE INDUSTRY AVERAGE AT 22%. DRA ALSO BEGAN IMPLEMENTATION OF A ROBUST UPDATE OF THE WEBSITE DEVOTED TO COVID-19 RESOURCES. THESE RANGED FROM A COMPREHENSIVE LISTING OF RESTAURANT STATUS UPDATES, CURBSIDE PICKUP ZONES, HOW TO HELP, SMALL BUSINESS SUPPORT INFORMATION AND SMALL BUSINESS RESOURCES.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$287,499ExpenseAmt
Revenue$9,500RevenueAmt
DescTHE BALANCED ACTIVATIONS PROGRAM SERVES AS THE FACE OF THE ORGANIZATION TO THE COMMUNITY. IN FY-22, DOWNTOWN RALEIGH ALLIANCE HOSTED 86 OUTDOOR AND VIRTUAL EVENTS, ATTRACTING 68,674 ATTENDEES. MOORE SQUARE MARKET IS A 20- WEEK MARKET SERIES HELD EACH WEDNESDAY AT MOORE SQUARE TO ENHANCE THE QUALITY OF LIFE FOR DOWNTOWN RESIDENTS AND THE COMMUNITY AT LARGE, AND OFFERS EBT BENEFITS FOR THOSE IN NEED TO BE ABLE TO SHOP AND PURCHASE FRESH FOOD. DURING THIS FISCAL YEAR, MOORE SQUARE MARKET SAW AN INCREASE IN CUSTOMERS AND VENDORS. OTHER ACTIVATIONS AROUND DOWNTOWN, SUCH AS THE OUTDOOR OFFICE AND FLANNELS & FROST, DREW HEIGHTENED ATTENTION AND INTEREST AMONG THE COMMUNITY.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$386,203ExpenseAmt
DescTHE 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 FY-20, DRA ALSO ADDED 11 MURALS 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. DRA HELD 3 TOWN HALLS CALLED DOWNTOWN RUNDOWNS, INCLUDING 1 VIRTUAL, PLUS 2 CITY INFORMATION SESSIONS AND 15 DISCOVER DOWNTOWN TOURS TO SHARE INFORMATION ON DEVELOPMENTS AND BUSINESSES IN DOWNTOWN RALEIGH. DRA STAFF ATTENDED 40 COMMUNITY MEETINGS AND WORKED ON 26 ISSUES REFERRED BY CITY COUNCIL AND/OR STAFF. MORE THAN 50 COMPANIES ARE ANNUAL INVESTORS IN DRA WITH NEARLY 53 ADDITIONAL FRIENDS OF DOWNTOWN RALEIGH MEMBERS.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$386,203TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses$2,239,679TotalProgramServiceExpensesAmt
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxYes (true)SubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document84IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee17EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members36GoverningBodyVotingMembersCnt
Independent Voting Member35IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonSAM BROMLEYPersonNm
Phone9198216973PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1333 FAYETTEVILLE ST SUITE 1150AddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27601ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
BILL KING
PRESIDENT AN3.00Yes (X)Yes (X)$137,500$0$0
WILLIAM BARFIELD
DIRECTOR1.00Yes (X)$0$0$0
MONICA BARNES
DIRECTOR1.00Yes (X)$0$0$0
ADRIENNE COLE
EX-OFFICIO1.00Yes (X)$0$0$0
JANET COWELL
EX-OFFICIO1.00Yes (X)$0$0$0
LEON COX
IMMEDIATE PA3.00Yes (X)$0$0$0
JOSEPH BO DEMPSTER
LEGAL COUNSE3.00Yes (X)Yes (X)$0$0$0
ALLYSON DICKENS
TREASURER3.00Yes (X)Yes (X)$0$0$0
PAULETTE DILLARD
SECRETARY3.00Yes (X)Yes (X)$0$0$0
ROBERT DOREAUK
DIRECTOR1.00Yes (X)$0$0$0
DENNY EDWARDS
EX-OFFICIO1.00Yes (X)$0$0$0
VALERIE FIELDS
AT-LARGE3.00Yes (X)$0$0$0
JOHNNY HACKETT
DIRECTOR1.00Yes (X)$0$0$0
TYLER HELIKSON
DIRECTOR1.00Yes (X)$0$0$0
THOMAS SKIP HILL
DIRECTOR1.00Yes (X)$0$0$0
YVETTE HOLMES
DIRECTOR1.00Yes (X)$0$0$0
BUTCH HUMPHREY
DIRECTOR3.00Yes (X)$0$0$0
CHARLIE IBARRA
DIRECTOR1.00Yes (X)$0$0$0
MAGGIE KANE
DIRECTOR1.00Yes (X)$0$0$0
ROBBY LAWSON
DIRECTOR1.00Yes (X)$0$0$0
MATT LILLEY
DIRECTOR1.00Yes (X)$0$0$0
STEPHEN DE MAY
DIRECTOR1.00Yes (X)$0$0$0
TIA MCLAURIN
DIRECTOR1.00Yes (X)$0$0$0
DAVID MEEKER
VICE CHAIR/C3.00Yes (X)Yes (X)$0$0$0
CARLTON MIDYETTE
DIRECTOR1.00Yes (X)$0$0$0
LARRY MILLER
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL MUNN
DIRECTOR1.00Yes (X)$0$0$0
BRIAN O'HAVER
DIRECTOR1.00Yes (X)$0$0$0
EVAN RALEIGH
EX-OFFICIO1.00Yes (X)$0$0$0
BRIAN RALPH
CHAIRMAN3.00Yes (X)Yes (X)$0$0$0
MIKE SMITH
DIRECTOR1.00Yes (X)$0$0$0
NICOLE STEWART
EX-OFFICIO1.00Yes (X)$0$0$0
BRITT THOMAS
DIRECTOR1.00Yes (X)$0$0$0
ZAC VUNCANNON
DIRECTOR1.00Yes (X)$0$0$0
DOUG WARF
AT-LARGE3.00Yes (X)$0$0$0
JASON WIDEN
DIRECTOR1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$137,500TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdCompensationCompensationAmt
STREETPLUS COMPANY LLC
154 CONOVER STREETBROOKLYNNY11231$399,345
333 VENTURES LLC
333 FAYETTEVILLE STREET SUITE 100RALEIGHNC27601$133,882
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
Membership Dues$25,601MembershipDuesAmt
Government Grants$32,079GovernmentGrantsAmt
All Other Contributions$493,035AllOtherContributionsAmt
Total Contributions$550,715TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PROPERTY ASSESSMENT713990$1,181,321$1,181,321
PARKING CONTRACT713990$489,552$489,552
ECONOMIC DEVELOPMENT713990$96,639$96,639
ARTS & SPECIAL EVENTS713990$9,500$9,500
FieldValueIRS element (for citing)
Total Program Service Revenue$1,777,012TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$103TotalRevenueColumnAmt
Exclusion$103ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ADMIN COSTS RCV$34,000$34,000
CHAMBER OF COMMERCE$25,000$25,000
FARMERS MARKET$18,418$18,418

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$38,820TotalRevenueColumnAmt
Related Or Exempt Func Income$38,820RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$116,238OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,444,068TotalRevenueColumnAmt
Related Or Exempt Func Income$1,893,250RelatedOrExemptFuncIncomeAmt
Exclusion$103ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$49,500TotalAmt
Program Services$49,500ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$137,500TotalAmt
Program Services$137,500ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$777,246TotalAmt
Program Services$777,246ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$2,793TotalAmt
Program Services$2,793ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$37,602TotalAmt
Management And General$37,602ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$75,265TotalAmt
Program Services$21,400ProgramServicesAmt
Management And General$53,865ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$131,026TotalAmt
Program Services$131,026ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$48,949TotalAmt
Program Services$6,705ProgramServicesAmt
Management And General$42,244ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$22,164TotalAmt
Program Services$22,164ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$132,116TotalAmt
Program Services$132,116ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$14,066TotalAmt
Program Services$14,066ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$25,339TotalAmt
Program Services$25,339ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$8,699TotalAmt
Program Services$8,699ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
SPECIAL PROGRAMS$870,537$870,537
REPAIRS$12,478$12,478
COMMUNICATIONS$8,340$8,340
DATA FEES$7,187$7,187

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$12,583TotalAmt
Program Services$12,583ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,373,390TotalAmt
Program Services$2,239,679ProgramServicesAmt
Management And General$133,711ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$235,890BOYAmt
EOY$178,261EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$744,967BOYAmt
EOY$722,041EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$144,823BOYAmt
EOY$143,000EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$22,468BOYAmt
EOY$22,022EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$333,099LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$255,404LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$100,070BOYAmt
EOY$77,695EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$22,722BOYAmt
EOY$37,195EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,270,940BOYAmt
EOY$1,180,214EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$96,518BOYAmt
EOY$93,645EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$24,036BOYAmt
EOY$24,180EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$149,160BOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$49,468BOYAmt
EOY$39,953EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$319,182BOYAmt
EOY$157,778EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$951,758BOYAmt
EOY$1,022,436EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$951,758BOYAmt
EOY$1,022,436EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,270,940BOYAmt
EOY$1,180,214EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$70,678ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues NondedfalseSubstantiallyAllDuesNondedInd
Only In House LobbyingfalseOnlyInHouseLobbyingInd
Agree Carryover Prior YearfalseAgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$57,811OtherCostOrOtherBasisAmt
Book Value$57,811BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$275,288OtherCostOrOtherBasisAmt
Depreciation$255,404DepreciationAmt
Book Value$19,884BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$77,695TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
LEASE LIABILITY$23,164
ACCRUED VACATION$15,721
ACCRUED WAGES$1,068
FieldValueIRS element (for citing)
Total Liability$39,953TotalLiabilityAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
DOWNTOWN RETAIL GRANT8$47,500
REVITALIZATIN GRANT1$2,000

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 4ATHE DOWNTOWN RALEIGH COMMUNITY ENGAGEMENT, SAFETY, AND SOCIAL SERVICES OUTREACH PROGRAM FOSTERS A WELCOMING AND SAFE ENVIRONMENT IN DOWNTOWN THROUGH THE EFFORTS OF 16 AMBASSADORS, AS OF JUNE 30, 2022, WHO PATROL THE PUBLIC REALM WITHIN THE MUNICIPAL SERVICES DISTRICT SEVEN DAYS A WEEK. THE SAFETY AMBASSADORS ALSO PROVIDE A STRONG, UNIFORMED PRESENCE ELEVATING A SENSE OF SAFETY WITH THEIR PATROLS OF THE MUNICIPAL-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 THROUGH MONTHLY MEETINGS WITH THE RALEIGH POLICE DISTRICT CAPTAIN TO STRATEGIZE WAYS TO LOWER CRIME. IN FY22, THE DOWNTOWN AMBASSADORS PROVIDED THE FOLLOWING NUMBER OF BUSINESS AND HOT SPOT CHECKS, SAFE WALKS, HOSPITALITY ASSISTANCE INCLUDING DINING RECOMMENDATIONS, DIRECTIONS, AND MOTORIST ASSISTANCE: -STAKEHOLDER CHECK-INS: 4,182 -HOT SPOT CHECKS: 15,436 -SAFE WALKS: 527 -HOSPITALITY: 362 -DIRECTIONS: 788 -MOTORIST ASSISTS: 118 OUR SAFETY AMBASSADORS LOGGED 13,068 PATROLS OF THE MUNICIPAL-OWNED PARKING DECKS AND LOTS.
FORM 990, PAGE 2, PART III, LINE 4BTHE PRIMARY GOALS OF STOREFRONT DEVELOPMENT PROGRAM ARE TO CONTRIBUTE TO DOWNTOWN'S ECONOMIC SUCCESS BY ATTRACTING NEW BUSINESSES TO VACANT STOREFRONTS, PROVIDE MARKET DATA TO ATTRACT NEW INVESTMENT AND EMPLOYERS, AND PROVIDE NEW OPPORTUNITIES AND RESOURCES TO DIVERSE SET OF BUSINESSES AND ENTREPRENEURS. DRA MONITORS SIX PEDESTRIAN COUNTERS IN DOWNTOWN TO MEASURE FOOT TRAFFIC TO HELP ATTRACT TENANTS AND AID LAND USE DECISIONS. DRA CONTINUED ITS RETAIL UP-FIT GRANT WITH THE GOAL OF CREATING AN INCENTIVE TO ATTRACT NEW RETAIL OR AID IN THE EXPANSION OF EXISTING RETAIL IN DOWNTOWN RALEIGH. DRA AWARDED 8 GRANTS IN FY-22, TOTALING 57,500. IN PARTNERSHIP WITH THE CITY OF RALEIGH'S ECONOMIC DEVELOPMENT OFFICE AND THE PLANNING DEPARTMENT, OUR ECONOMIC DEVELOPMENT STAFF ACTIVELY WORKS WITH RETAIL BROKERS AND LANDLORDS TO FILL STOREFRONT SPACES IN DOWNTOWN. IN FY- 20, 44 NEW STREET LEVEL BUSINESSES OPENED, ADDING NEW JOBS AND EXPANDING TAX REVENUES WITH 16 NEW BUSINESSES HELPING TO BUILD CLUSTERS OR ADDRESS GAPS, WITH 10 OF THOSE NEW BUSINESSES BEING NEW RETAIL. DRA CONTINUED ITS PARTNERSHIP WITH WAKE TECH TO PROVIDE POP-UP SPACE TO MINORITY AND WOMEN- OWNED BUSINESSES WITH ONE SUCCESSFUL POP-UP ESTABLISHED THROUGH THE PROGRAM. DRA ALSO HELD 4 SMALL BUSINESS WORKSHOPS, INCLUDING ONE WORKSHOP FOCUSED SPECIFICALLY ON MINORITY AND WOMEN-OWNED BUSINESS SUPPORT. THE ECONOMIC DATA AND ANALYSIS TRACKING EACH YEAR IS THEN 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 COMPLIMENTS OUR STATE OF DOWNTOWN ANNUAL EVENT, ATTENDED BY OVER 600 OF DOWNTOWN'S TOP BUSINESS LEADERS AND MEMBERS OF THE COMMUNITY. DRA'S MARKETING PLATFORM SERVES TO ENGAGE OUR STAKEHOLDERS, INFLUENCERS, AND THE PUBLIC TO HEIGHTEN VISIBILITY OF OUR ORGANIZATION AND RECOGNIZE DOWNTOWN AS A VIBRANT AND VITAL URBAN CENTER. THE ALLIANCE PRODUCES 15 COMMUNICATION CAMPAIGNS AND 14 STAND-ALONE PROGRAM WEBSITES. THE WE ARE DOWNTOWN VIDEO SERIES, WHICH HIGHLIGHTED OVER A DOZEN SMALL BUSINESSES AND THEIR OWNERS, SERVED TO CONNECT RALEIGH'S COMMUNITY AS THE COVID-19 PANDEMIC GREW. DRA'S ANNUAL RESTAURANT WEEK, IG LIVE, AND SHOP LOCAL CAMPAIGNS SERVED AS FURTHER OUTREACH. IN ADDITION, THE ORGANIZATION HAS ATTRACTED CLOSE TO 192,000 FOLLOWERS THROUGH ITS FACEBOOK, TWITTER, INSTAGRAM, AND LINKEDIN ACCOUNTS FOR ORGANIZATIONAL AND INDIVIDUAL PROGRAM ACCOUNTS. THE DOWNTOWN APP WAS DOWNLOADED BY 1,006 INDIVIDUALS. THE DRA EVENTS CALENDAR AVERAGED 3,000 PAGE VIEWS PER MONTH DUE TO THE IMPACTS OF COVID-19 AND ASSOCIATED QUARANTINE PHASE. OVER 200 BUSINESSES WERE PROMOTED THROUGH DRA'S COMMUNICATIONS CHANNELS INCLUDING SOCIAL MEDIA ACCOUNTS AND NEWSLETTERS WITH A COMBINED MORE THAN 15,000 SUBSCRIBERS. DRA'S NEWSLETTER AVERAGE OPEN RATE IS HIGHER THAN THE INDUSTRY AVERAGE AT 22%. DRA ALSO BEGAN IMPLEMENTATION OF A ROBUST UPDATE OF THE WEBSITE DEVOTED TO COVID-19 RESOURCES. THESE RANGED FROM A COMPREHENSIVE LISTING OF RESTAURANT STATUS UPDATES, CURBSIDE PICKUP ZONES, HOW TO HELP, SMALL BUSINESS SUPPORT INFORMATION AND SMALL BUSINESS RESOURCES.
FORM 990, PAGE 2, PART III, LINE 4DTHE 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 FY-20, DRA ALSO ADDED 11 MURALS 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. DRA HELD 3 TOWN HALLS CALLED DOWNTOWN RUNDOWNS, INCLUDING 1 VIRTUAL, PLUS 2 CITY INFORMATION SESSIONS AND 15 DISCOVER DOWNTOWN TOURS TO SHARE INFORMATION ON DEVELOPMENTS AND BUSINESSES IN DOWNTOWN RALEIGH. DRA STAFF ATTENDED 40 COMMUNITY MEETINGS AND WORKED ON 26 ISSUES REFERRED BY CITY COUNCIL AND/OR STAFF. MORE THAN 50 COMPANIES ARE ANNUAL INVESTORS IN DRA WITH NEARLY 53 ADDITIONAL FRIENDS OF DOWNTOWN RALEIGH MEMBERS.
FORM 990, PAGE 6, PART VI, LINE 11BTHE 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 TO RESOLVE.
FORM 990, PAGE 6, PART VI, LINE 12CANY 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 KNOWN THAT INTEREST 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 HAVING SUCH AN INTEREST, SHALL REFRAIN FROM VOTING UPON OR OTHERWISE PARTICIPATING IN SUCH TRANSACTION.
FORM 990, PAGE 6, PART VI, LINE 15ATHE ORGANIZATION HAS A COMPENSATION COMMITTE WHICH REVIEWS CEO PERFORMANCE ANNUALLY. THE COMMITTE 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, PAGE 6, PART VI, LINE 19THE 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

FieldValueIRS element (for citing)
Business Name Line1RALEIGH CIVIC VENTURES INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1333 FAYETTEVILLE ST SUITE 1150AddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27601ZIPCd
FieldValueIRS element (for citing)
EIN562095185EIN
Primary ActivitiesPUB CHARITPrimaryActivitiesTxt
Legal Domicile StateNCLegalDomicileStateCd
Exempt Code Section501C3ExemptCodeSectionTxt
Public Charity Status7PublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (true)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
RALEIGH CIVIC VENTURES
O$34,000MANAGEMENT CONTRACT
RALEIGH CIVIC VENTURES
NMANAGEMENT CONTRACT
RALEIGH CIVIC VENTURES
D$27,221OUTSTANDING A/R
RALEIGH CIVIC VENTURES
B$93,000ACTUAL AMOUNT

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE RFormAndLineReferenceDesc
ExplanationTHE TOTAL AMOUNT BILLED FOR THE MANAGEMENT AGREEMENT BETWEEN RALEIGH CIVIC VENTURES (RCV) AND DOWNTOWN RALEIGH ALLIANCE (DRA) FOR THE YEAR ENDED JUNE 30, 2022 WAS 34,000. THIS AMOUNT WAS FOR THE SHARING OF OFFICE SPACE AND PAID EMPLOYEES AS DISCLOSED ABOVE. RCV IS A TYPE II SUPPORTING ORGANIZATION FOR DRA. DURING THE YEAR ENDED JUNE 30, 2022, RCV TRANSFERRED 93,000 IN DONATIONS TO DRA TO SUPPORT THE ORGANIZATION AND ITS MISSION.ExplanationTxt

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