2022-02-10T10:28:15-06:00 2021-09-30 471767422 TOOLE KATZ & ROEMERSMA LLP 1911 N FORT MYER DRIVE SUITE 600 ARLINGTON VA 22209 990 2020-10-01 522057370 GOLDEN TRIANGLE BUSINESS IMPROVEMENT DISTRICT CORPORATION GOLD 2024633400 1120 CONNECTICUT AVENUE NW NO 26 WASHINGTON DC 20036 KATHRYN CLEMENT PRESIDENT OF BOARD 2024633400 2022-02-10 1 KATHRYN CLEMENT 999009999 ASHLEY GATES P01307540 7032489200 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z KATHRYN CLEMENT 1120 CONNECTICUT AVENUE NW NO 260 WASHINGTON DC 20036 6456727 0 X WWW.GOLDENTRIANGLEDC.COM X 1997 DC TO PROVIDE A CLEAN, SAFE, VIBRANT NEIGHBORHOOD AND TO RETAIN AND ATTRACT BUSINESSES. 19 19 19 0 0 0 454858 530272 5962245 5880629 117786 45826 0 0 6534889 6456727 0 0 0 0 1890680 1870257 0 0 0 3808793 3693830 5699473 5564087 835416 892640 8467488 9828513 1788768 2257153 6678720 7571360 X TO ENHANCE THE ECONOMIC VITALITY OF THE GOLDEN TRIANGLE BID BY PROVIDING PUBLIC SPACE ENHANCEMENTS, MAINTENANCE, EVENTS AND OTHER SERVICES TO THE MEMBERS OF THE GOLDEN TRIANGLE BID. 0 0 1833874 AMBASSADOR - THE GOLDEN TRIANGLE AMBASSADORS CLEAN THE NEIGHBORHOOD'S PUBLIC SPACES, PARKS, AND STREET AMENITIES. THE AMBASSADORS CREATE A SENSE OF SAFETY AND KEEP THE NEIGHBORHOOD STREETS CLEAN AND GOLDEN. 473118 COMMUNITY ACTIVITIES & RECOVERY EFFORTS - THE BID WORKS TO PROVIDE VARIOUS PUBLIC SERVICES TO THE CONSTITUENTS OF THE BID, INCLUDING INDOOR AND OUTDOOR EVENTS, EXERCISE CLASSES, VACCINE CLINICS, EMERGENCY PREPAREDNESS INITIATIVES, AND OTHER PROGRAMS. THE BID ALSO HELPS LOCAL, REGIONAL, AND NATIONAL RETAIL BUSINESSES FIND THE PERFECT DOWNTOWN LOCATION. AS THE COVID-19 PANDEMIC CONTINUES TO IMPACT THE CITY, COMMUNITY ACTIVITIES CONTINUE TO INCLUDE A SIGNIFICANT DEVOTION OF RESOURCES TO RECOVERY EFFORTS, SUCH AS THE GROW GOLDEN PROGRAM TO ATTRACT SMALL RETAILERS TO THE BID; WINDOWS ART INSTALLATIONS TO ADD VISUAL APPEAL TO VACANT GROUND FLOOR RETAIL SPACES; TARGETED INDIVIDUAL OUTREACH TO SMALL, LOCAL RESTAURANTS AND RETAILERS REGARDING CHANGES IN CITY COVID-19 POLICIES AND RECOVERY PLANS, FUNDING OPPORTUNITIES, AND BID INITIATIVES. 1457108 PUBLIC SPACE IMPROVEMENTS - IN RECENT YEARS, THE BID HAS PLANTED AND MAINTAINED A RAISED MEDIAN ALONG CONNECTICUT AVENUE, INSTALLED NINETEEN RAIN GARDENS, INSTALLED SEVERAL PIECES OF PUBLIC ART, AND TRANSFORMED MURROW AND MONROE PARKS WITH RENOVATED LIGHTING AND A LIGHT ART PROJECT IN THE RESTORED FOUNTAIN. 420297 SAFETY, CONTINUITY & HOMELESS OUTREACH - THE BID WORKS IN PARTNERSHIP WITH LOCAL SOCIAL SERVICE PROVIDERS TO HELP TRANSITION HOMELESS INDIVIDUALS INTO HOUSING AND TO PROVIDE NECESSARY SERVICES. 380306 MARKETING AND COMMUNICATION - THE BID WORKS TO CONVEY A PUBLIC IMAGE OF THE DISTRICT OF COLUMBIA AS A SAFE, CLEAN, ATTRACTIVE, AND WORLD-CLASS DESTINATION FOR BUSINESSES, AS WELL AS FOR GOVERNMENT INSTITUTIONS AND TOURISM. THE GOAL IS TO COMMUNICATE THE DIVERSITY AND VITALITY OF THE GOLDEN TRIANGLE BID AREA, AS WELL AS TO FOSTER A UNIQUE SENSE OF COMMUNITY THROUGH THE PLACEMENT OF BANNERS, SPECIAL EVENTS, AND LANDSCAPING. 161961 INNOVATION DISTRICT - THE BID WORKS WITH GEORGE WASHINGTON UNIVERSITY, WASHINGTON D.C. GOVERNMENT, WASHINGTON D.C. ECONOMIC PARTNERSHIP ("WDCEP"), AND OTHER PARTNERS TO CREATE AN INNOVATION DISTRICT WITHIN THE GOLDEN TRIANGLE BOUNDARIES. THE INNOVATION DISTRICT IS BUILT OFF THE EXISTING PRESENCE OF THREE KEY TECH SECTORS IN MEDTECH, GOVTECH, AND EDTECH WHILE FOCUSING ON THE BROADER THEMES OF SOCIAL INNOVATION AND DIGITAL ENGAGEMENT. 962564 4726664 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 28 0 19 1 0 0 0 0 0 0 0 0 X 19 19 1 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 DC X GOLDEN TRIANGLE BUSINESS IMPROVEMENT DISTRICT CORPORATION 2024633400 1120 CONNECTICUT AVENUE NW SUITE WASHINGTON DC 20036 MARK BENEDETTI BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 ERIC POSNER BOARD OF DIRECTOR MEMBER 1.00 X X 0 0 0 DAVID TONEY BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 BILL FEEKS BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 JOHN SIKAITIS BOARD OF DIRECTOR MEMBER 1.00 X X 0 0 0 NICOLA Y WHITEMAN BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 SEAN WARFIELD BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 JAMES RICH BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 GREGORY MEYER BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 SCOTT MEAD BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 KATHRYN CLEMENT BOARD OF DIRECTOR MEMBER 1.00 X X 0 0 0 JAMES BRAWNER BOARD OF DIRECTOR MEMBER 1.00 X X 0 0 0 DAVID BUENO BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 DAVID DOWNEY BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 PAUL INNELLA BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 BEN COMM BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 JEFFREY UTZ BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 AMY BOWSER BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 HILARI VARNADORE BOARD OF DIRECTOR MEMBER 1.00 X 0 0 0 LEONA AGOURIDIS EXECUTIVE DIRECTOR 40.00 X 435442 0 0 DAVID SULS SENIOR DIRECTOR, PLANNING 40.00 X 145362 0 0 JOHN POWELL SENIOR DIRECTOR OF OPERATI 40.00 X 129376 0 0 DREW JUBERT SENIOR DIRECTOR, FINANCE A 40.00 X 113896 0 0 824076 0 0 4 1 1 0 BLOCK BY BLOCK 640 SOUTH FOURTH STREET SUITE 110 LOUISVILLE KY 40202 AMBASSADOR SERVICES 1495818 BIOHABITATS 2081 CLIPPER PARK ROAD BALTIMORE MD 21211 PUBLIC SPACE IMPROVEMENTS 396804 FOON V SHAM 6703 BRACKEN COURT SPRINGFIELD VA 22152 PUBLIC SPACE IMPROVEMENTS 220823 JACK I BENDER & SONS 1150 CONNECTICUT AVE NW 900 WASHINGTON DC 20036 RENT 215005 PATHWAYS TO HOUSING DC 101 Q STREET NE SUITE G WASHINGTON DC 20002 SAFETY, CONTINUITY & HOMELESS OUTREACH 169517 5 530272 530272 MEMBERSHIP ASSESSMENTS 900099 5783462 5783462 OTHER INCOME 900099 97167 97167 5880629 45826 45826 6456727 5880629 0 45826 435064 1124715 61033 147981 101464 37780 55494 115768 86855 94540 57168 315059 54222 58264 AMBASSADOR 1522391 PUBLIC SPACE IMPROVEMEN 750940 SAFETY, CONTINUITY & HO 188900 COMMUNITY ACTIVITIES & 183867 172582 5564087 1839851 3000024 6204327 6480025 166440 90913 90976 104602 540174 387225 165894 152949 8467488 9828513 195085 213688 1529529 1988429 64154 55036 1788768 2257153 X 6678720 7571360 6678720 7571360 8467488 9828513 892640 0 X 0 1 X 1 0 X 19667 19667 19667 19667 19667 19667 1.00000 X 0 1 0 98859 53814 45045 244744 224950 19794 196571 108461 88110 152949 DEFERRED RENT 55036 55036 X 6456727 0 6456727 0 6456727 5564087 0 5564087 0 5564087 PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. HOWEVER, THE ORGANIZATION IS LIABLE FOR INCOME TAXES ON ANY UNRELATED BUSINESS INCOME. THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEAR ENDED SEPTEMBER 30, 2021. THE INCOME TAXES TOPIC OF THE FASB'S ASC PROVIDES GUIDANCE FOR PRIVATELY HELD COMPANIES ON THE ACCOUNTING FOR ALL MATERIAL TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, ON ANY INCOME TAX RETURN FILED, OR THAT SHOULD HAVE BEEN FILED, WITH LOCAL, STATE, AND FEDERAL TAXING AUTHORITIES, INCLUDING TREATMENT OF POSITIONS THAT ONLY HAVE TIMING CONSEQUENCES. THE ORGANIZATION HAS EVALUATED ITS TAX POSITIONS AND HAS DETERMINED THAT AS OF SEPTEMBER 30, 2021, NO MATERIAL UNCERTAIN TAX POSITIONS EXIST AS DEFINED UNDER THIS ASC TOPIC. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS IN ADMINISTRATIVE EXPENSES. FOR THE YEAR ENDED SEPTEMBER 30, 2021, THE ORGANIZATION HAS NOT RECOGNIZED ANY INTEREST OR PENALTIES. THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL STATE OR LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE YEARS BEFORE THE FISCAL YEAR ENDED SEPTEMBER 30, 2018. THE ORGANIZATION IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. X X X X 0 0 0 LEONA AGOURIDIS EXECUTIVE DIRECTOR 320530 0 88912 0 26000 0 0 0 0 0 435442 0 0 0 KATHRYN CLEMENT MEMBER OF BOARD OF DIRECTORS 16467 KATHRYN CLEMENT IS A SENIOR VICE PRESIDENT FOR JBG SMITH. THE ORGANIZATION LEASED SPACE WHICH IS MANAGED BY JBG SMITH FOR STORAGE AT 1666 K STREET, NW. 0 MARK BENEDETTI MEMBER OF BOARD OF DIRECTORS 238934 MARK BENEDETTI IS VICE PRESIDENT FOR PROPERTY MANAGEMENT AT BLAKE REAL ESTATE. THE ORGANIZATION LEASES SPACE FROM BLAKE REAL ESTATE FOR USE AS THE ORGANIZATION'S ADMINISTRATIVE OFFICES AT 1120 CONNECTICUT AVENUE, NW SUITE 260, IN WASHINGTON, DC. 0 JAMES RICH MEMBER OF BOARD OF DIRECTORS 52378 JAMES RICH IS A VICE PRESIDENT AT ZUCKERMAN GRAVELY MANAGEMENT. THE ORGANIZATION LEASES SPACE IN A BUILDING WHICH IS MANAGED BY ZUCKERMAN GRAVELY FOR THE AMBASSADOR PROGRAM AT 1020 19TH STREET, NW. 0 PAUL INNELLA MEMBER OF BOARD OF DIRECTORS 4397 PAUL IS THE CEO AND CO-FOUNDER OF TETRAD DIGITAL INTEGRITY. THE ORGANIZATION USES CYBER SECURITY SERVICES PROVIDED BY TDI 0 FORM 990, PART VI, SECTION A, LINE 1 THE BOARD OF DIRECTORS MAY DESIGNATE TWO (2) OR MORE DIRECTORS TO CONSTITUTE AN EXECUTIVE COMMITTEE. ONE OF THE APPOINTED DIRECTORS SHALL BE DESIGNATED BY THE BOARD AS CHAIRPERSON OF THE EXECUTIVE COMMITTEE. EACH MEMBER OF THE EXECUTIVE COMMITTEE SHALL CONTINUE AS A MEMBER THEREOF UNTIL THE EXPIRATION OF HIS TERM AS A DIRECTOR, OR UNTIL HIS EARLIER RESIGNATION FROM THE EXECUTIVE COMMITTEE, IN EITHER CASE UNLESS SOONER REMOVED AS A MEMBER OF THE EXECUTIVE COMMITTEE OR AS A DIRECTOR BY ANY MEANS AUTHORIZED BY THE BYLAWS. THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL OF THE RIGHTS, POWERS AND AUTHORITY OF THE BOARD OF DIRECTORS, EXCEPT AS EXPRESSLY LIMITED BY THE DISTRICT OF COLUMBIA NONPROFIT CORPORATION ACT OR BY RESOLUTION OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 2 ALL BOARD MEMBERS LISTED IN PART VII, SECTION A HAVE VARIOUS LEVELS OF BUSINESS RELATIONSHIPS WITH EACH OTHER. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS CONSIST OF PROPERTY OWNERS WITHIN THE BUSINESS IMPROVEMENT DISTRICT. THE MEMBERS ARE INVITED TO THE ANNUAL MEETING AT WHICH TIME THE GOVERNING BODY IS ELECTED. PAYING BID TAX MEMBERS ARE ELIGILE TO VOTE IN THESE ELECTIONS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S BOARD OF DIRECTORS HAVE THE POWER TO ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND SENIOR DIRECTOR OF FINANCE AND ADMINISTRATION, AND IS THEN SENT TO THE PRESIDENT OF THE BOARD OF DIRECTORS FOR REVIEW AND SIGNATURE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS MUST DISCLOSE POTENTIAL CONFLICTS OF INTEREST AT THE BEGINNING OF EACH FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE STANDARD COMPENSATION OF THE EXECUTIVE DIRECTOR IS CONTRACT BASED. THE BOARD PRESIDENT COLLECTS AND REVIEWS EVALUATIONS FROM ALL THE EXECUTIVE COMMITTEE MEMBERS OF THE EXECUTIVE DIRECTOR'S PERFORMANCE. THE BOARD PRESIDENT MEETS WITH THE EXECUTIVE DIRECTOR WHEN COMPENSATION RECOMMENDATIONS HAVE BEEN APPROVED TO DISCUSS CHANGES IN COMPENSATION AND BENEFITS. FORM 990, PART VI, SECTION C, LINE 19 THE STATUTE AND BYLAWS ARE GIVEN TO NEW BOARD MEMBERS WHEN THEY JOIN. THE CONFLICT OF INTEREST POLICY IS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS AT THE BEGINNING OF EACH FISCAL YEAR. THE FINANCIAL STATEMENT IS PUBLISHED IN THE ANNUAL REPORT WHICH IS MAILED TO ELECTED OFFICIALS, THE CFO OF THE DISTRICT OF COLUMBIA, AND EVERY PROPERTY OWNER IN THE BID, POSTED ON THE ORGANIZATION'S WEBSITE, AND PROVIDED TO STAKEHOLDERS THROUGHOUT THE YEAR. THE STATUTE, BYLAWS, FINANCIAL STATEMENT, AND FORM 990 ARE ALSO AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGES HAVE BEEN MADE FROM THE PRIOR YEAR. GOLDEN TRIANGLE LLC 1120 CONNECTICUT AVE SUITE 260 WASHINGTON DC 20036 451799532 CARRIES OUT VARIOUS COMMUNITY PROGRAMS. DC 534175 563030 GOLDEN TRIANGLE BUSINESS IMPROVEMENT DISTRICT CORPORATION GOLDEN TRIANGLE CHARITABLE CORPORATION 1120 CONNECTICUT AVE SUITE 260 WASHINGTON DC 20036 820710349 SUPPORTS CHARITABLE DEEDS OF THE BID DC 501(C)(3) 170(B)(1)(A) N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0