2023-05-01T23:31:10-04:00 2022-06-30 844233121 SHARPE PATEL CPA 325 ARLINGTON AVE STE 630 CHARLOTTE NC 28203 990 2021-07-01 561994005 DOWNTOWN RALEIGH ALLIANCE INC DOWN 9195321231 333 FAYETTEVILLE STREET SUITE 1150 RALEIGH NC 27601 BILL KING PRESIDENT AND CEO 9195321231 2023-04-28 BILL KING 999009999 MEGAN RUSHFORD CPA P01317611 7044993893 2023-04-28 2021 2023-04-26 12:10:37Z BILL KING 333 FAYETTEVILLE ST SUITE 1150 RALEIGH NC 27601 2444068 false X WWW.DOWNTOWNRALEIGH.ORG X 1996 NC ADVANCING THE VITALITY OF DOWNTOWN RALEIGH FOR EVERYONE. 36 35 17 35 0 841467 550715 1803591 1777012 218 103 345 116238 2645621 2444068 382352 49500 0 771118 917539 0 0 1488876 1406351 2642346 2373390 3275 70678 1270940 1180214 319182 157778 951758 1022436 X ADVANCING THE VITALITY OF DOWNTOWN RALEIGH FOR EVERYONE. false false 994955 489552 THE 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. 571022 49500 1277960 THE 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. 287499 9500 THE 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. 386203 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 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. 386203 2239679 false true false true false false false false false true false false false true false false true false false false false false false false false false false true false false false false false false false false false false false false true false false true 84 0 17 true false false false false false false false false X 36 35 false false false false false false false true true false false true true true true true true true false false NC X SAM BROMLEY 9198216973 333 FAYETTEVILLE ST SUITE 1150 RALEIGH NC 27601 BILL KING PRESIDENT AN 3.00 X X 137500 0 0 WILLIAM BARFIELD DIRECTOR 1.00 X 0 0 0 MONICA BARNES DIRECTOR 1.00 X 0 0 0 ADRIENNE COLE EX-OFFICIO 1.00 X 0 0 0 JANET COWELL EX-OFFICIO 1.00 X 0 0 0 LEON COX IMMEDIATE PA 3.00 X 0 0 0 JOSEPH BO DEMPSTER LEGAL COUNSE 3.00 X X 0 0 0 ALLYSON DICKENS TREASURER 3.00 X X 0 0 0 PAULETTE DILLARD SECRETARY 3.00 X X 0 0 0 ROBERT DOREAUK DIRECTOR 1.00 X 0 0 0 DENNY EDWARDS EX-OFFICIO 1.00 X 0 0 0 VALERIE FIELDS AT-LARGE 3.00 X 0 0 0 JOHNNY HACKETT DIRECTOR 1.00 X 0 0 0 TYLER HELIKSON DIRECTOR 1.00 X 0 0 0 THOMAS SKIP HILL DIRECTOR 1.00 X 0 0 0 YVETTE HOLMES DIRECTOR 1.00 X 0 0 0 BUTCH HUMPHREY DIRECTOR 3.00 X 0 0 0 CHARLIE IBARRA DIRECTOR 1.00 X 0 0 0 MAGGIE KANE DIRECTOR 1.00 X 0 0 0 ROBBY LAWSON DIRECTOR 1.00 X 0 0 0 MATT LILLEY DIRECTOR 1.00 X 0 0 0 STEPHEN DE MAY DIRECTOR 1.00 X 0 0 0 TIA MCLAURIN DIRECTOR 1.00 X 0 0 0 DAVID MEEKER VICE CHAIR/C 3.00 X X 0 0 0 CARLTON MIDYETTE DIRECTOR 1.00 X 0 0 0 LARRY MILLER DIRECTOR 1.00 X 0 0 0 MICHAEL MUNN DIRECTOR 1.00 X 0 0 0 BRIAN O'HAVER DIRECTOR 1.00 X 0 0 0 EVAN RALEIGH EX-OFFICIO 1.00 X 0 0 0 BRIAN RALPH CHAIRMAN 3.00 X X 0 0 0 MIKE SMITH DIRECTOR 1.00 X 0 0 0 NICOLE STEWART EX-OFFICIO 1.00 X 0 0 0 BRITT THOMAS DIRECTOR 1.00 X 0 0 0 ZAC VUNCANNON DIRECTOR 1.00 X 0 0 0 DOUG WARF AT-LARGE 3.00 X 0 0 0 JASON WIDEN DIRECTOR 1.00 X 0 0 0 137500 1 false false false STREETPLUS COMPANY LLC 154 CONOVER STREET BROOKLYN NY 11231 399345 333 VENTURES LLC 333 FAYETTEVILLE STREET SUITE 100 RALEIGH NC 27601 133882 2 25601 32079 493035 550715 PROPERTY ASSESSMENT 713990 1181321 1181321 PARKING CONTRACT 713990 489552 489552 ECONOMIC DEVELOPMENT 713990 96639 96639 ARTS & SPECIAL EVENTS 713990 9500 9500 1777012 103 103 ADMIN COSTS RCV 34000 34000 CHAMBER OF COMMERCE 25000 25000 FARMERS MARKET 18418 18418 38820 38820 116238 2444068 1893250 103 49500 49500 137500 137500 777246 777246 2793 2793 37602 37602 75265 21400 53865 131026 131026 48949 6705 42244 22164 22164 132116 132116 14066 14066 25339 25339 8699 8699 SPECIAL PROGRAMS 870537 870537 REPAIRS 12478 12478 COMMUNICATIONS 8340 8340 DATA FEES 7187 7187 12583 12583 2373390 2239679 133711 0 235890 178261 744967 722041 144823 143000 22468 22022 333099 255404 100070 77695 22722 37195 1270940 1180214 96518 93645 24036 24180 149160 49468 39953 319182 157778 X 951758 1022436 951758 1022436 1270940 1180214 70678 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false 57811 57811 275288 255404 19884 77695 LEASE LIABILITY 23164 ACCRUED VACATION 15721 ACCRUED WAGES 1068 39953 false DOWNTOWN RETAIL GRANT 8 47500 REVITALIZATIN GRANT 1 2000 FORM 990, PAGE 2, PART III, LINE 4A THE 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 4B THE 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 4D 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 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 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 TO RESOLVE. FORM 990, PAGE 6, PART VI, 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 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 15A THE 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 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. RALEIGH CIVIC VENTURES INC 333 FAYETTEVILLE ST SUITE 1150 RALEIGH NC 27601 562095185 PUB CHARIT NC 501C3 7 N/A false false false true false false false false false false false false false false true true false false false false RALEIGH CIVIC VENTURES O 34000 MANAGEMENT CONTRACT RALEIGH CIVIC VENTURES N MANAGEMENT CONTRACT RALEIGH CIVIC VENTURES D 27221 OUTSTANDING A/R RALEIGH CIVIC VENTURES B 93000 ACTUAL AMOUNT SCHEDULE R THE 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.