DOWNTOWN RALEIGH ALLIANCE: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- DOWNTOWN RALEIGH ALLIANCE (EIN 56-1994005)
- Tax period
- 2018-07-01 to 2019-06-30
- Filed
- 2020-01-28
- IRS object ID
- 202010289349300701
- Schema version
- 2018v3.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-01-28T07:19:56-06:00 | ReturnTs |
| Tax Period End | 2019-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 200427530 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RIVES & ASSOCIATES LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4515 FALLS OF NEUSE ROAD SUITE 450 | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27609 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 561994005 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DOWNTOWN RALEIGH ALLIANCE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DOWN | BusinessNameControlTxt |
| Phone | 9195321231 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 FAYETTEVILLE STREET SUITE 1150 | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27601 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BILL KING | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 9198216973 | PhoneNum |
| Signature | 2019-12-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MEGAN RUSHFORD CPA | PreparerPersonNm |
| PTIN | P01317611 | PTIN |
| Phone | 9198326848 | PhoneNum |
| Preparation | 2020-01-16 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 66.77.128.118 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-01-28 | IPDt |
| IP Tm | 07:19:56 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | C7FC538D9A398D80519534BDBF98E7A656324503 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 361F2C365284BF1A4FE8D3948A224E626372CB16 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-09-23 17:36:50Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | BILL KING | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 FAYETVILLE ST SUITE 1150 | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,987,868 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.GODOWNTOWNRALEIGH.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1996 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | TO BUILD UPON DOWNTOWN'S RECENT REVITALIZATION BY ENHANCING ITS QUALITY OF LIFE AND CONTRIBUTING TO ITS ECONOMIC SUCCESS | ActivityOrMissionDesc |
| Voting Members Governing Body | 36 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 35 | VotingMembersIndependentCnt |
| Total Employee | 13 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $227,661 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,041,940 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,732,158 | CYProgramServiceRevenueAmt |
| CY Investment Income | $3,049 | CYInvestmentIncomeAmt |
| PY Other Revenue | $87,023 | PYOtherRevenueAmt |
| CY Other Revenue | $25,000 | CYOtherRevenueAmt |
| PY Total Revenue | $2,128,963 | PYTotalRevenueAmt |
| CY Total Revenue | $1,987,868 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $942,976 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $882,511 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,125,833 | PYOtherExpensesAmt |
| CY Other Expenses | $1,005,040 | CYOtherExpensesAmt |
| PY Total Expenses | $2,068,809 | PYTotalExpensesAmt |
| CY Total Expenses | $1,887,551 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $60,154 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $100,317 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $649,931 | TotalAssetsBOYAmt |
| Total Assets EOY | $851,505 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $135,823 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $237,099 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $514,108 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $614,406 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | ADVANCING THE VITALITY OF DOWNTOWN RALEIGH FOR EVERYONE BY ENHANCING ITS QUALITY OF LIFE AND ECONOMIC SUCCESS THROUGH FOUR CORE PROGRAMS (1) SAFETY AMBASSADORS, (2) MARKETING & COMMUNICATIONS, (3) BUSINESS & ECONOMIC DEVELOPMENT, AND (4) MEMBER ENGAGEMENT. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $809,063 | ExpenseAmt |
| Revenue | $1,572,965 | RevenueAmt |
| Desc | OTHE AMBASSADOR SAFETY PROGRAM FOSTERS A WELCOMING AND SAFE ENVIRONMENT IN DOWNTOWN THROUGH THE EFFORTS OF 12 SAFETY AND COMMUNITY AMBASSADORS WHO PATROL THE STREETS AND SIDEWALKS ON FOOT, SEVEN DAYS A WEEK, PROVIDING A STRONG, UNIFORM PRESENCE AND ELEVATING A SENSE OF SECURITY. CLAD IN HIGHLY VISIBLE, BLUE UNIFORMS AND EQUIPPED WITH HAND-HELD RADIOS, THE AMBASSADORS ALSO PATROL THE CENTRAL CITY STREETS SERVING AS SUPPLEMENTARY "EYES AND EARS" FOR THE DOWNTOWN DIVISION OF THE RALEIGH POLICE DEPARTMENT. IN ADDITION, THE SAFETY TEAM CONTINUES TO INCREASE INTERACTIONS WITH THE COMMUNITY BY PROVIDING ONGOING SAFETY PRESENTATIONS WITH BUSINESSES AND COMMUNITY GROUPS, PREPARING NEW EMPLOYEES MOVING INTO THE DOWNTOWN, AND THROUGH MONTHLY MEETINGS WITH THE RALEIGH POLICE DISTRICT CAPTAIN TO STRATEGIZE WAYS TO LOWER CRIME. IN FY-19, THE SAFETY AMBASSADORS PERFORMED THE FOLLOWING SERVICES: 3,596 SAFETY ESCORTS PLUS 8,539 OTHER HOSPITALITY ASSISTS INCLUDING GIVING DIRECTIONS, DINING RECOMMENDATIONS, AND HELPING INDIVIDUALS FIND THEIR CARS, AND 11,125 HOURS PATROLLING PARKING DECKS/LOTS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $99,658 | ExpenseAmt |
| Revenue | $193,111 | RevenueAmt |
| Desc | OTHE MARKETING AND COMMUNICATIONS PROGRAM SERVES AS THE MARKETING PLATFORM 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 AND MAINTAINS 12 COMMUNICATION CAMPAIGNS AND 5 STAND-ALONE PROGRAM WEBSITES. IN ADDITION, THE ORGANIZATION HAS ATTRACTED CLOSE TO 180,000 FOLLOWERS THROUGH ITS FACEBOOK, TWITTER, INSTAGRAM, AND LINKEDIN ACCOUNTS FOR ORGANIZATIONAL AND INDIVIDUAL PROGRAM ACCOUNTS. TO IMPROVE COMMUNICATION WITH DOWNTOWN RESIDENTS, VISITORS, AND EMPLOYEES, DRA REBUILT ITS WEBSITE IN EARLY 2019 TO BE MOBILE RESPONSIVE AND COMPREHENSIVE LISTING OF EVENTS AND BUSINESSES. DURING 2019, THE DOWNTOWN APP WAS DOWNLOADED BY 1,725 INDIVIDUALS. THE DRA EVENTS CALENDAR AVERAGES OVER 13,500 PAGE VIEWS PER MONTH MAKING THE DRA SITE ONE OF THE BEST PLACES TO FIND DOWNTOWN INFORMATION. OVER 200 BUSINESSES WERE PROMOTED THROUGH DRA'S COMMUNICATIONS CHANNELS INCLUDING SOCIAL MEDIA ACCOUNTS AND NEWSLETTERS WITH COMBINED MORE THAN 15,000 SUBSCRIBERS. DRA ALSO PRODUCED OVER 24,000 MAPS WITH LOCATIONS OF INDEPENDENT RETAILERS AND FIRST FRIDAY PARTICIPANTS AND PRODUCED LARGE WAYFINDING SIGNS TO NEARBY BUSINESSES FOR SPECIAL EVENTS IN DOWNTOWN. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $256,962 | ExpenseAmt |
| Revenue | $133,450 | RevenueAmt |
| Desc | OTHE PRIMARY GOALS OF THE BUSINESS & ECONOMIC 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 INSTALLED 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 GRANTS FOR RENOVATIONS, IMPROVEMENTS, AND BUILD-OUTS TO THREE NEW RETAIL STORES TOTALING 12,408. 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 WITH 15 NEW RETAILERS OPENING IN DOWNTOWN. IN FY-19, 46 NEW STREET LEVEL BUSINESSES OPENED, ADDING NEW JOBS AND EXPANDING TAX REVENUES WITH 14 VACANT STOREFRONTS FILLED. A NEW PARTNERSHIP WITH WAKE TECH BEGAN TO PROVIDE POP- UP SPACE TO MINORITY AND WOMEN-OWNED BUSINESSES. DRA ALSO HELD FOUR SMALL BUSINESS WORKSHOPS DURING FY-19. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $371,393 | ExpenseAmt |
| Revenue | $50,743 | RevenueAmt |
| Desc | OTHE PRIMARY GOAL OF THE MEMBER ENGAGEMENT PROGRAM IS TO BRING TOGETHER OVER 1,500 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 11 TOWN HALLS CALLED DOWNTOWN RUNDOWNS, PLUS FOUR TOWN HALLS ON PARKING CHANGES TO HELP INFORM THE COMMUNITY ON UPCOMING CHANGES. DRA STAFF ATTENDED 80 COMMUNITY MEETINGS AND WORKED ON 27 ISSUES REFERRED BY CITY COUNCIL AND/OR STAFF. MORE THAN 40 COMPANIES ARE INVESTOR MEMBERS IN DRA WITH NEARLY 50 ADDITIONAL FRIENDS OF DOWNTOWN RALEIGH MEMBERS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $371,393 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $50,743 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $1,537,076 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (true) | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 24 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 13 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | Yes (true) | NondeductibleContributionsInd |
| Nondeductible Contri Discl | Yes (true) | NondeductibleContriDisclInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 36 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 35 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KYLE VANDERSLIK | PersonNm |
| Phone | 9198216973 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 FAYETTEVILLE ST SUITE 1150 | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27601 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (37 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| KRISTOPHER LARSON | ||||||
| OFFICER | 40.00 | Yes (X) | Yes (X) | $180,476 | $0 | $12,500 |
| BILL KING | ||||||
| PRESIDENT & | 40.00 | Yes (X) | Yes (X) | $73,098 | $0 | $5,502 |
| NEIL GRAY | ||||||
| CHAIRMAN | 1.00 | Yes (X) | $0 | $0 | $0 | |
| PAM BLONDIN | ||||||
| VICE CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SHARON MOE | ||||||
| IMMEDIATE PA | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SUE GLENNON | ||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| BRIAN RALPH | ||||||
| AT-LARGE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID MEEKER | ||||||
| AT-LARGE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LEON COX | ||||||
| AT LARGE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SALLY EDWARDS | ||||||
| AT-LARGE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JOSEPH BO DEMPSTER JR | ||||||
| LEGAL COUNSE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DELISA ALEXANDER | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| WILL BARFIELD | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MONICA BARNES | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MARTY CLAYTON | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ADRIENNE COLE | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ALLYSON DICKENS | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ROBERT DOREAUK | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DENNY EDWARDS | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID ELLIS | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JIM GREENE | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| TYLER HELIKSON | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ISAAC HORTON | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MAGGIE KANE | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ROBBY LAWSON | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MATT LILLEY | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SEAN MALONE | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JOE MEIR | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LARRY MILLER | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| HAYLEY MORTON | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| VAN NOLINTHA | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BRIAN O'HAVER | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SARAH POWERS | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MIKE SMITH | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| NICOLE STEWART | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DOUG WARF | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JASON WIDEN | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $253,574 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $18,002 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Business Name Line2ContractorName/BusinessName/BusinessNameLine2Txt | Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| ALLIED UNIVERSAL SECURITY SVCS | ||||||
| ALLIED UNIVERSAL SECURITY SVCS | PO BOX 828854 | PHILADELPHIA | PA | 19182 | SECURITY | $388,537 |
| STREETPLUS COMPANY LLC | ||||||
| 154 CONOVER STREET | BROOKLYN | NY | 11231 | $164,488 | ||
| 333 VENTURES LLC | ||||||
| 333 FAYETTEVILLE STREET SUITE 100 | RALEIGH | NC | 27601 | $121,530 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $227,661 | AllOtherContributionsAmt |
| Total Contributions | $227,661 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| PROPERTY ASSESSMENT | 713990 | $1,084,951 | $1,084,951 |
| SAFETY SERVICE FEE | 713990 | $488,014 | $488,014 |
| ECONOMIC DEVELOPMENT | 713990 | $108,450 | $108,450 |
| MEMBER DUES | 713990 | $50,743 | $50,743 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,732,158 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,049 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,049 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHAMBER OF COMMERCE | Desc |
| Total Revenue Column | $25,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $25,000 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $25,000 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,987,868 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,760,207 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $882,511 | TotalAmt |
| Program Services | $665,260 | ProgramServicesAmt |
| Management And General | $217,251 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $632,903 | TotalAmt |
| Program Services | $606,945 | ProgramServicesAmt |
| Management And General | $25,958 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,520 | TotalAmt |
| Program Services | $52,520 | ProgramServicesAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,291 | TotalAmt |
| Program Services | $35,123 | ProgramServicesAmt |
| Management And General | $7,168 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $131,766 | TotalAmt |
| Program Services | $72,471 | ProgramServicesAmt |
| Management And General | $59,295 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,646 | TotalAmt |
| Program Services | $19,557 | ProgramServicesAmt |
| Management And General | $10,089 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,657 | TotalAmt |
| Program Services | $28,011 | ProgramServicesAmt |
| Management And General | $11,646 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,861 | TotalAmt |
| Program Services | $1,932 | ProgramServicesAmt |
| Management And General | $2,929 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| SPECIAL PROGRAMS | $39,776 | $39,776 | |
| REPAIRS | $10,329 | $5,346 | $4,983 |
| BANK & CREDIT CARD FEES | $7,714 | $4,196 | $3,518 |
| SUPPLIES | $7,175 | $817 | $6,358 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,402 | TotalAmt |
| Program Services | $5,122 | ProgramServicesAmt |
| Management And General | $1,280 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,887,551 | TotalAmt |
| Program Services | $1,537,076 | ProgramServicesAmt |
| Management And General | $350,475 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $201,905 | BOYAmt |
| EOY | $156,308 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $277,956 | BOYAmt |
| EOY | $474,810 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,319 | BOYAmt |
| EOY | $50,096 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,021 | BOYAmt |
| EOY | $38,388 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $301,451 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $169,548 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,383 | BOYAmt |
| EOY | $131,903 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$653 | BOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $649,931 | BOYAmt |
| EOY | $851,505 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $84,587 | BOYAmt |
| EOY | $74,859 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,236 | BOYAmt |
| EOY | $124,608 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $37,632 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $135,823 | BOYAmt |
| EOY | $237,099 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $514,108 | BOYAmt |
| EOY | $614,406 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $514,108 | BOYAmt |
| EOY | $614,406 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $649,931 | BOYAmt |
| EOY | $851,505 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $100,317 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$19 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | false | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | false | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | false | AgreeCarryoverPriorYearInd |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $57,811 | OtherCostOrOtherBasisAmt |
| Depreciation | $28,558 | DepreciationAmt |
| Book Value | $29,253 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $243,640 | OtherCostOrOtherBasisAmt |
| Depreciation | $140,990 | DepreciationAmt |
| Book Value | $102,650 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $131,903 | TotalBookValueLandBuildingsAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | false | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KRISTOPHER LARSON | PersonNm |
| Title | OFFICER | TitleTxt |
| Base Compensation Filing Org | $180,476 | BaseCompensationFilingOrgAmt |
| Deferred Compensation Flng Org | $12,500 | DeferredCompensationFlngOrgAmt |
| Total Compensation Filing Org | $192,976 | TotalCompensationFilingOrgAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | ADVANCING THE VITALITY OF DOWNTOWN RALEIGH FOR EVERYONE BY ENHANCING ITS QUALITY OF LIFE AND ECONOMIC SUCCESS THROUGH FOUR CORE PROGRAMS (1) SAFETY AMBASSADORS, (2) MARKETING & COMMUNICATIONS, (3) BUSINESS & ECONOMIC DEVELOPMENT, AND (4) MEMBER ENGAGEMENT. |
| FORM 990, PAGE 2, PART III, LINE 4A | OTHE AMBASSADOR SAFETY PROGRAM FOSTERS A WELCOMING AND SAFE ENVIRONMENT IN DOWNTOWN THROUGH THE EFFORTS OF 12 SAFETY AND COMMUNITY AMBASSADORS WHO PATROL THE STREETS AND SIDEWALKS ON FOOT, SEVEN DAYS A WEEK, PROVIDING A STRONG, UNIFORM PRESENCE AND ELEVATING A SENSE OF SECURITY. CLAD IN HIGHLY VISIBLE, BLUE UNIFORMS AND EQUIPPED WITH HAND-HELD RADIOS, THE AMBASSADORS ALSO PATROL THE CENTRAL CITY STREETS SERVING AS SUPPLEMENTARY "EYES AND EARS" FOR THE DOWNTOWN DIVISION OF THE RALEIGH POLICE DEPARTMENT. IN ADDITION, THE SAFETY TEAM CONTINUES TO INCREASE INTERACTIONS WITH THE COMMUNITY BY PROVIDING ONGOING SAFETY PRESENTATIONS WITH BUSINESSES AND COMMUNITY GROUPS, PREPARING NEW EMPLOYEES MOVING INTO THE DOWNTOWN, AND THROUGH MONTHLY MEETINGS WITH THE RALEIGH POLICE DISTRICT CAPTAIN TO STRATEGIZE WAYS TO LOWER CRIME. IN FY-19, THE SAFETY AMBASSADORS PERFORMED THE FOLLOWING SERVICES: 3,596 SAFETY ESCORTS PLUS 8,539 OTHER HOSPITALITY ASSISTS INCLUDING GIVING DIRECTIONS, DINING RECOMMENDATIONS, AND HELPING INDIVIDUALS FIND THEIR CARS, AND 11,125 HOURS PATROLLING PARKING DECKS/LOTS. |
| FORM 990, PAGE 2, PART III, LINE 4B | OTHE MARKETING AND COMMUNICATIONS PROGRAM SERVES AS THE MARKETING PLATFORM 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 AND MAINTAINS 12 COMMUNICATION CAMPAIGNS AND 5 STAND-ALONE PROGRAM WEBSITES. IN ADDITION, THE ORGANIZATION HAS ATTRACTED CLOSE TO 180,000 FOLLOWERS THROUGH ITS FACEBOOK, TWITTER, INSTAGRAM, AND LINKEDIN ACCOUNTS FOR ORGANIZATIONAL AND INDIVIDUAL PROGRAM ACCOUNTS. TO IMPROVE COMMUNICATION WITH DOWNTOWN RESIDENTS, VISITORS, AND EMPLOYEES, DRA REBUILT ITS WEBSITE IN EARLY 2019 TO BE MOBILE RESPONSIVE AND COMPREHENSIVE LISTING OF EVENTS AND BUSINESSES. DURING 2019, THE DOWNTOWN APP WAS DOWNLOADED BY 1,725 INDIVIDUALS. THE DRA EVENTS CALENDAR AVERAGES OVER 13,500 PAGE VIEWS PER MONTH MAKING THE DRA SITE ONE OF THE BEST PLACES TO FIND DOWNTOWN INFORMATION. OVER 200 BUSINESSES WERE PROMOTED THROUGH DRA'S COMMUNICATIONS CHANNELS INCLUDING SOCIAL MEDIA ACCOUNTS AND NEWSLETTERS WITH COMBINED MORE THAN 15,000 SUBSCRIBERS. DRA ALSO PRODUCED OVER 24,000 MAPS WITH LOCATIONS OF INDEPENDENT RETAILERS AND FIRST FRIDAY PARTICIPANTS AND PRODUCED LARGE WAYFINDING SIGNS TO NEARBY BUSINESSES FOR SPECIAL EVENTS IN DOWNTOWN. |
| FORM 990, PAGE 2, PART III, LINE 4C | OTHE PRIMARY GOALS OF THE BUSINESS & ECONOMIC 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 INSTALLED 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 GRANTS FOR RENOVATIONS, IMPROVEMENTS, AND BUILD-OUTS TO THREE NEW RETAIL STORES TOTALING 12,408. 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 WITH 15 NEW RETAILERS OPENING IN DOWNTOWN. IN FY-19, 46 NEW STREET LEVEL BUSINESSES OPENED, ADDING NEW JOBS AND EXPANDING TAX REVENUES WITH 14 VACANT STOREFRONTS FILLED. A NEW PARTNERSHIP WITH WAKE TECH BEGAN TO PROVIDE POP- UP SPACE TO MINORITY AND WOMEN-OWNED BUSINESSES. DRA ALSO HELD FOUR SMALL BUSINESS WORKSHOPS DURING FY-19. |
| FORM 990, PAGE 2, PART III, LINE 4D | OTHE PRIMARY GOAL OF THE MEMBER ENGAGEMENT PROGRAM IS TO BRING TOGETHER OVER 1,500 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 11 TOWN HALLS CALLED DOWNTOWN RUNDOWNS, PLUS FOUR TOWN HALLS ON PARKING CHANGES TO HELP INFORM THE COMMUNITY ON UPCOMING CHANGES. DRA STAFF ATTENDED 80 COMMUNITY MEETINGS AND WORKED ON 27 ISSUES REFERRED BY CITY COUNCIL AND/OR STAFF. MORE THAN 40 COMPANIES ARE INVESTOR MEMBERS IN DRA WITH NEARLY 50 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 COMMITTEE WHICH REVIEWS CEO PERFORMANCE ANNUALLY. THE COMMITTEE CONSISTS OF THE CURRENT BOARD CHAIR, THE IMMEDIATE PAST CHAIR, AND THE INCOMING CHAIR. THE COMMITTEE HAS SUPPLEMENTED THEIR REVIEW BY REFERENCING THE CEO'S SALARY SURVEY CREATED BY THE INTERNATIONAL DOWNTOWN ASSOCIATION. |
| FORM 990, 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. |
| FORM 990, PART IX, LINE 11G | CONTRACTED SERVICES 606,945 0 0 PROFESSIONAL 0 25,958 0 TOTAL 606,945 25,958 0 |
| FORM 990, PART XI, LINE 9 | AS OF JUNE 30, 2019, 111,510 OF UNRESTRICTED NET ASSETS WAS DESIGNATED BY THE BOARD OF DIRECTORS IN THE EVENT THAT A SIGNIFICANT DECLINE IN REVENUE OCCURRED OR AN UNBUDGETED OPPORTUNITY PRESENTED ITSELF IN THE FUTURE. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RALEIGH CIVIC VENTURES INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 FAYETTEVILLE STREET SUITE 1150 | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 562095185 | EIN |
| Primary Activities | PUB CHAR | PrimaryActivitiesTxt |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Exempt Code Section | 501C3 | ExemptCodeSectionTxt |
| Public Charity Status | 7 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (true) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt | InvolvedInvolvedAmt |
|---|---|---|
| RALEIGH CIVIC VENTURES | ||
| E | OUTSTANDING A/P | |
| RALEIGH CIVIC VENTURES | ||
| N | MANAGEMENT CONTRACT | $34,550 |
| RALEIGH CIVIC VENTURES | ||
| O | MANAGEMENT CONTRACT | |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R | FormAndLineReferenceDesc |
| Explanation | THE TOTAL AMOUNT BILLED FOR THE MANAGEMENT AGREEMENT BETWEEN RALEIGH CIVIC VENTURES (RCV) AND DOWNTOWN RALEIGH ALLIANCE (DRA) FOR THE YEAR ENDED JUNE 30, 2019 WAS 34,550. THIS AMOUNT WAS FOR THE SHARING OF OFFICE SPACE AND PAID EMPLOYEES AS DISCLOSED ABOVE. | ExplanationTxt |
Comments