DOWNTOWN PHOENIX INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
DOWNTOWN PHOENIX INC (EIN 46-2139928)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-15
IRS object ID
202243199349326419
Schema version
2021v4.2
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)
Return2022-11-15T16:56:44-06:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN341884125PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CBIZ MHM LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14722 N 24TH ST STE 300AddressLine1Txt
CityPHOENIXCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85016ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN462139928EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DOWNTOWN PHOENIX INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlDOWNBusinessNameControlTxt
Phone6027446403PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 EAST WASHINGTON SUITE 230AddressLine1Txt
CityPHOENIXCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85004ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDEVNEY PREUSSPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone6027446403PhoneNum
Signature2022-11-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDEVNEYPersonFirstNm
Person LastPREUSSPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKRISTEN BASSPreparerPersonNm
PTINP01247587PTIN
Phone6022646835PhoneNum
Preparation2022-11-12PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDEVNEY PREUSSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 EAST WASHINGTON SUITE 230AddressLine1Txt
CityPHOENIXCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85004ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,039,975GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.DTPHX.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2012FormationYr
Legal Domicile StateAZLegalDomicileStateCd
Activity Or MissionSUPPORT THE ECONOMIC & CULTURAL VITALITY OF THE PHOENIX DOWNTOWN COMMUNITY & SURROUNDING AREASActivityOrMissionDesc
Voting Members Governing Body18VotingMembersGoverningBodyCnt
Voting Members Independent18VotingMembersIndependentCnt
Total Employee69TotalEmployeeCnt
Total Volunteers18TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$450,500PYContributionsGrantsAmt
CY Contributions Grants$926,226CYContributionsGrantsAmt
PY Program Service Revenue$100,000PYProgramServiceRevenueAmt
CY Program Service Revenue$113,749CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$550,500PYTotalRevenueAmt
CY Total Revenue$1,039,975CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$296,286PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$442,849CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$173,358PYOtherExpensesAmt
CY Other Expenses$76,797CYOtherExpensesAmt
PY Total Expenses$469,644PYTotalExpensesAmt
CY Total Expenses$519,646CYTotalExpensesAmt
PY Revenues Less Expenses$80,856PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$520,329CYRevenuesLessExpensesAmt
Total Assets BOY$951,278TotalAssetsBOYAmt
Total Assets EOY$1,627,305TotalAssetsEOYAmt
Total Liabilities BOY$578,095TotalLiabilitiesBOYAmt
Total Liabilities EOY$688,405TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$373,183NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$938,900NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSUPPORT THE ECONOMIC & CULTURAL VITALITY OF THE PHOENIX DOWNTOWN COMMUNITY & SURROUNDING AREAS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescIN ADDITION TO PROVIDING LEADERSHIP, COORDINATION AND OPERATIONAL EFFICIENCIES, DOWNTOWN PHOENIX INC. (DPI) WILL MAXIMIZE THE STRONG POINTS OF EXISTING DOWNTOWN ORIENTED NOT-FOR-PROFITS AND ASSIST IN THE CREATION OF OTHERS AS DEEMED NECESSARY TO FURTHER ITS OBJECTIVES. SPECIFIC DPI ACTIVITIES WILL BE:-TO PROVIDE OVERSIGHT AND COORDINATION FUNCTIONS FOR OTHER DOWNTOWN NOT-FOR-PROFITS. THIS ACTIVITY WILL BE PERFORMED BY THE DPI CEO, PART TIME ADMINISTRATIVE ASSISTANT AND PART TIME CONTROLLER. THESE FUNCTIONS WILL ACCOUNT FOR APPROXIMATELY 30% OF THE ORGANIZATION'S TIME. -TO PROMOTE THE POSITIVE ATTRIBUTES OF DOWNTOWN PHOENIX TO THE GENERAL PUBLIC. THIS ACTIVITY WILL BE PERFORMED BY THE DPI CEO AND STAFF FROM AFFILIATE ORGANIZATIONS. THIS WILL ACCOUNT FOR APPROXIMATELY 25% OF THE ORGANIZATION'S TIME. -TO ADVOCATE FOR DEVELOPMENT INITIATIVES THAT IMPROVE THE PHYSICAL APPEARANCE OF DOWNTOWN AND CONTRIBUTE TO DOWNTOWN'S ECONOMIC VITALITY. THIS ACTIVITY WILL BE PERFORMED BY THE DPI CEO AND STAFF FROM AFFILIATE ORGANIZATIONS AND WILL ACCOUNT FOR APPROXIMATELY 15% OF THE ORGANIZATION'S TIME. -TO ADVOCATE FOR NEIGHBORHOOD, ARTS, AND THE COMMUNITY INITIATIVES AND PROJECTS THAT IMPROVE THE DOWNTOWN QUALITY OF LIFE. THIS WILL BE PERFORMED BY THE DPI CEO AND STAFF FROM AFFILIATE ORGANIZATIONS AND WILL ACCOUNT FOR APPROXIMATELY 15% OF THE ORGANIZATION'S TIME. -TO PROMOTE AND/OR SUPPORT SPECIAL EVENTS AND FESTIVALS THAT ENHANCE THE DOWNTOWN QUALITY OF LIFE. THIS ACTIVITY WILL BE PERFORMED BY THE DPI CEO AND STAFF FROM AFFILIATE ORGANIZATIONS AND WILL ACCOUNT FOR APPROXIMATELY 15% OF THE ORGANIZATION'S TIME.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document12IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee69EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible ContributionsYes (1)NondeductibleContributionsInd
Nondeductible Contri DisclYes (1)NondeductibleContriDisclInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members18GoverningBodyVotingMembersCnt
Independent Voting Member18IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SUZANNE HERRMANNBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6027446403PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 EAST WASHINGTON SUITE 230AddressLine1Txt
CityPHOENIXCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85004ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MIKE EBERT
CHAIR0.50Yes (X)Yes (X)$0$0$0
DIANE HALLER
VICE CHAIR0.50Yes (X)Yes (X)$0$0$0
KEN VAN WINKLE JR
SECRETARY0.50Yes (X)Yes (X)$0$0$0
HEATHER KANE
TREASURER0.50Yes (X)Yes (X)$0$0$0
HON KATE GALLEGO
DIRECTOR0.50Yes (X)$0$0$0
JEFFREY BARTON
DIRECTOR0.50Yes (X)$0$0$0
JASON ROWLEY
DIRECTOR0.50Yes (X)$0$0$0
STACY DERSTINE
DIRECTOR0.50Yes (X)$0$0$0
KYLE JARDINE
DIRECTOR0.50Yes (X)$0$0$0
DERRICK HALL
DIRECTOR0.50Yes (X)$0$0$0
RON PRICE
DIRECTOR0.50Yes (X)$0$0$0
RICK NAIMARK
DIRECTOR0.50Yes (X)$0$0$0
MO STEIN
DIRECTOR0.50Yes (X)$0$0$0
RON BUTLER
DIRECTOR0.50Yes (X)$0$0$0
QUINN TEMPEST
DIRECTOR0.50Yes (X)$0$0$0
CINDY DACH
DIRECTOR0.50Yes (X)$0$0$0
EVA OLIVAS
DIRECTOR0.50Yes (X)$0$0$0
TERRY BURKE
DIRECTOR0.50Yes (X)$0$0$0
DEVNEY PREUSS
PRESIDENT & CEO28.00Yes (X)$190,733$0$14,537
FieldValueIRS element (for citing)
Total Reportable Comp From Org$190,733TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$14,537TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$417,838GovernmentGrantsAmt
All Other Contributions$508,388AllOtherContributionsAmt
Total Contributions$926,226TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
FEES FOR SERVICE561499$99,999$99,999
EVENT INCOME711300$13,750$13,750
FieldValueIRS element (for citing)
Total Program Service Revenue$113,749TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,039,975TotalRevenueColumnAmt
Related Or Exempt Func Income$113,749RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$205,270TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$117,739TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$14,061TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$78,383TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$27,396TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$10,269TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$3,000TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$5,190TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,200TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$22,236TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,369TotalAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmt
COMMUNITY OUTREACH$22,474
OTHER TAXES AND FEES$5,673
DUES & SUBSCRIPTIONS$1,386

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$519,646TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$251,423BOYAmt
EOY$30,259EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$226,500BOYAmt
EOY$263,750EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$399,881BOYAmt
EOY$817,383EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$15,301BOYAmt
EOY$42,643EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$58,173BOYAmt
EOY$473,270EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$951,278BOYAmt
EOY$1,627,305EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$24,575BOYAmt
EOY$8,948EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$50,000BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$503,520BOYAmt
EOY$679,457EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$578,095BOYAmt
EOY$688,405EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$373,183BOYAmt
EOY$938,900EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$373,183BOYAmt
EOY$938,900EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$951,278BOYAmt
EOY$1,627,305EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$520,329ReconcilationRevenueExpnssAmt
Prior Period Adjustments$45,388PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

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 D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
DUE FROM RRCF$100
DUE FROM CDC$38,094
DUE FROM PCA$435,076
FieldValueIRS element (for citing)
Total Book Value Other Assets$473,270TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
DEFERRED RENT$13,024
DUE TO DPI$642,555
EMPLOYEE PAYROLL LIABILITIES$23,878
FieldValueIRS element (for citing)
Total Liability$679,457TotalLiabilityAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonDEVNEY PREUSSPersonNm
TitlePRESIDENT & CEOTitleTxt
Base Compensation Filing Org$173,415BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$17,318OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$5,510DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$9,027NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$205,270TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 2DOWNTOWN PHOENIX, INC. PROVIDES EMPLOYEES TO DOWNTOWN PHOENIX PARTNERSHIP, INC., DOWNTOWN PHOENIX COMMUNITY DEVELOPMENT CORPORATION, PHOENIX COMMUNITY ALLIANCE AND PHOENIX WAREHOUSE DISTRICT, INC. THROUGH A MANAGEMENT SERVICES AGREEMENT. COMPENSATION EXPENSE IS ALLOCATED IN PART IX, FUNCTIONAL EXPENSE SCHEDULE, TO THE ENTITY FOR WHOM THE EMPLOYEE PROVIDES THE SERVICES. THE TOTAL COMPENSATION FOR THE OFFICERS AND KEY EMPLOYEES IS REPORTED ON DOWNTOWN PHOENIX, INC'S FORM 990 IN PART VII.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND IS REVIEWED BY THE PRESIDENT/CEO PRIOR TO BEING FILED. THE BOARD WILL REVIEW AT THE NEXT BOARD MEETING AFTER FILING.
FORM 990, PART VI, SECTION B, LINE 12CDOWNTOWN PHOENIX, INC. HAS FORMALLY ADOPTED THE CONFLICT OF INTEREST POLICY OF DOWNTOWN PHOENIX PARTNERSHIP, INC., AN UNRELATED ORGANIZATION. EACH DIRECTOR IS ASKED TO CAREFULLY REVIEW THE POLICY AND SIGN A STATEMENT ACKNOWLEDGING ITS EXISTENCE AND AGREEING TO BE BOUND BY ITS TERMS. ANY DIRECTOR, OFFICER OR EMPLOYEE OF THE DOWNTOWN PHOENIX PARTNERSHIP WHO HAS, OR WHOSE RELATIVE HAS, A SUBSTANTIAL INTEREST IN OR REPRESENTS A COMPANY OR ORGANIZATION THAT DIRECTLY BENEFITS FROM ANY CONTRACT, SALE, PURCHASE OR SERVICE TO THE DOWNTOWN PHOENIX PARTNERSHIP SHALL MAKE KNOWN THAT INTEREST IN ADVANCE IN THE OFFICIAL RECORDS OF THE DOWNTOWN PHOENIX PARTNERSHIP AND SHALL REFRAIN FROM VOTING UPON OR OTHERWISE PARTICIPATING IN SUCH TRANSACTION. WRITTEN CONFLICT OF INTEREST POLICY DISTRIBUTED TO ALL BOARD MEMBERS ANNUALLY, AND BOARD MEMBERS MUST SIGN OFF ON INTERESTS THAT COULD GIVE RISE TO CONFLICTS. THE JOINT FINANCE OVERSIGHT COMMITTEE, WHICH IS COMPRISED OF BOARD MEMBERS FROM EACH AFFILIATE, REVIEWS POTENTIAL CONFLICTS WHEN MEETING QUARTERLY.
FORM 990, PART VI, SECTION B, LINE 15THE EXECUTIVE COMMITTEE REVIEWS THE COMPENSATION FOR ALL OFFICERS AND KEY EMPLOYEES BY COMPARING THEIR COMPENSATION TO THE COMPENSATION OF INDIVIDUALS IN LIKE POSITIONS AT COMPARABLE ORGANIZATIONS USING FORMS 990, COMPENSATION STUDIES, AND OTHER AVAILABLE DATA. THE COMMITTEE THEN APPROVES ANY CHANGES IN COMPENSATION BASED ON THIS INFORMATION.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S ARTICLES OF INCORPORATION, BY-LAWS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
PART VII, COMPENSATION OF OFFICERS AND HIGHEST COMPENSATED EMPLOYEEDEVNEY PREUSS, PRESIDENT & CEO, PROVIDES MANAGEMENT AND FINANCIAL OVERSIGHT TO DOWNTOWN PHOENIX PARTNERSHIP, INC (DPP), AN UNRELATED 501(C)(3) ORGANIZATION. UNDER THIS MANAGEMENT SERVICES AGREEMENT, THEY ARE COMPENSATED BY DPI FOR SERVICES PROVIDED TO DPP.

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