2020-08-12T20:07:06-05:00 2019-09-30 420714325 RSM US LLP 2021 L STREET NW 400 WASHINGTON DC 20036 990 2018-10-01 521318977 UNION STATION REDEVELOPMENT CORPORATION UNIO 2022220271 750 FIRST STREET NE NO 1010 WASHINGTON DC 20002 BEVERLEY SWAIM-STALEY PRESIDENT & CEO 2022220271 2020-08-11 1 FREDERICK LONGWOOD P00439715 2022932200 98.169.113.4 2020-08-11 09:05:32 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 3318B49C02FFCED3B54CBDB6FF63589650DB4DC5 2018 2020-09-23 17:36:50Z BEVERLEY SWAIM-STALEY 750 FIRST STREET NE NO 1010 WASHINGTON DC 20002 16700803 0 X WWW.USRCDC.COM X 1983 DC MANAGEMENT OF THE RENOVATED AND REDEVELOPED FACILITIES OF WASHINGTON, DC'S UNION STATION THROUGH THE FEDERAL RAILROAD ADMINISTRATION. 5 5 12 0 0 0 0 67397 17237559 16271125 215880 360218 450 2063 17453889 16700803 0 0 0 0 1064601 1174791 0 0 0 7830907 8400730 8895508 9575521 8558381 7125282 147839396 155215374 27118687 27813258 120720709 127402116 X USRC'S OVERSIGHT RESPONSIBILITIES FOR THE ENTIRE STATION COMPLEX, AS CHARGED BY ITS BOARD OF DIRECTORS, CONSIST OF:MANAGING THE STATION DEVELOPMENT LEASEMANAGING THE GARAGE LEASEENSURING PROPER MAINTENANCE OF THE UNIQUE HISTORICAL FEATURES OF UNION STATIONOVERSEEING AND MANAGING ALL CAPITAL IMPROVEMENTS FOR THE GARAGEPROTECTING THE FEDERAL GOVERNMENT'S INTEREST IN THE PROPERTY 0 0 6596951 16271125 MANAGEMENT OF THE REDEVELOPED UNION STATION FACILITY UNDER THE PROVISIONS OF PUBLIC LAW 97-125, RELATED TO MAINTENANCE AND PRESERVATION OF THE STATION COMPLEX, LOCATED IN WASHINGTON, DC. ON JULY 22, 2004, USRC WAS RECLASSIFIED AS A CHARITABLE ORGANIZATION EXEMPTUNDER IRC SECTION 501(C)(3). 6596951 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 12 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X RSM US LLP 2022932200 2021 L STREET NW WASHINGTON DC 20036 JEFFREY ROSEN 1018 - 119 CHAIRMAN 2.00 X X 0 0 0 STEPHEN BRADBURY 919 - PRESENT CHAIRMAN 2.00 X X 0 0 0 DJ STADTLER VICE CHAIRMAN 2.00 X X 0 0 0 JUAN REYES 1018 - 1218 DIRECTOR 2.00 X 0 0 0 PETER CIPRIANO 319 - PRESENT DIRECTOR 2.00 X 0 0 0 JEFF MAROOTIAN DIRECTOR 2.00 X 0 0 0 MAURA BROPHY DIRECTOR 2.00 X 0 0 0 BEVERLEY K SWAIM-STALEY PRESIDENT AND CEO 40.00 X 244884 0 12852 NZINGA BRYANT VP & DIRECTOR, FINANCE AND ADMINISTRATION 40.00 X 135323 0 30021 KEVIN FORMA 2ND CENTURY PROGRAM MANAGER 40.00 X 115613 0 25523 495820 0 68396 3 0 1 0 STRUCTURAL PRESERVATION SYSTEMS 6955 SAN TOMAS ROAD ELKRIDGE MD 21075 STRUCTURAL REPAIR SERVICE 1314750 JOHN R BOWIE 101 EAST POSSUM HOLLOW ROAD WALLINGFORD PA 19086 CONSULTING SERVICES 351586 SCHINDLER ELEVATOR CORPORATION 6800 MUIRKIRK ROAD BELTSVILLE MD 20705 ESCALATER/ELEVATOR SERVICE 180346 TIMOTHY HAAHS & ASSOCIATES INC 550 TOWNSHIP LINE ROAD SUITE 100 BLUE BELL PA 19422 ARCHITECT/PLANNING AND DESIGN 171784 PUBLIC RESOURCES ADVISORY GROUP (PRAG) 39 BROADWAY SUITE 1210 NEW YORK NY 10006 FINANCIAL ADVISORY SERVICES 122247 6 67397 67397 USI SHOPS/OFFICE RENT 532000 7902990 7902990 PARKING GARAGE RENT 532000 7770948 7770948 USI LEASEHOLD IMPROVEMENTS 900099 597187 597187 16271125 360218 360218 MISCELLANEOUS INCOME 900099 2063 2063 2063 16700803 16271125 0 362281 423080 423080 552565 552565 36551 36551 94792 94792 67803 67803 45319 45319 108757 108757 244347 244347 12250 12250 141866 141866 47206 2082 45124 217826 217826 932596 932596 2989275 2963637 25638 142377 112321 30056 UNION STATION 2ND CENTU 1119839 1119839 CMRF RELATED EXPENSES 720702 720702 POSSESSORY INTEREST TAX 701921 701921 BUS DECK MAINTENANCE 539518 539518 436931 436931 9575521 6596951 2978570 0 9630959 12559859 4366731 5876409 9696 4711575 4803893 153117 150955 100669362 29381682 72277674 71287680 17148893 17509111 39540751 43027467 147839396 155215374 858274 931725 179485 406378 24070479 23122052 2010449 3353103 27118687 27813258 X 120688809 127397426 31900 4690 120720709 127402116 147839396 155215374 7125282 -443875 0 X X 0 1 X 1 0 X X X 1 UNITED STATES OF AMERICA 000000000 6 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 X PART IV, SECTION E, LINE 1C: USRC WAS FORMED PURSUANT TO THE UNION STATION REDEVELOPMENT ACT OF 1981 (PUB. L. 97-125, 95 STAT. 1667) TO ASSIST THE FEDERAL GOVERNMENT IN REHABILITATING AND REDEVELOPING THE UNION STATION COMPLEX IN WASHINGTON DC AND THE SURROUNDING AREA. IT IS A PARTY TO A COOPERATIVE AGREEMENT WITH THE FEDERAL RAILROAD ADMINISTRATION AND THE NATIONAL RAILROAD PASSENGER CORPORATION. IT SUBMITS BUDGETS AND FINANCIAL REPORTS TO THOSE ORGANIZATIONS ANNUALLY, AND BOTH HAVE RIGHTS TO REVIEW AUDIT ITS OPERATIONAL COSTS. THE U.S. SECRETARY OF TRANSPORTATION, THE PRESIDENT OF THE NATIONAL RAILROAD PASSENGER CORPORATION AND THE FEDERAL RAILROAD ADMINISTRATOR COMPRISE A MAJORITY OF USRC'S BOARD OF DIRECTORS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 92564152 27248982 65315170 8105210 2132700 5972510 71287680 DEPOSITS 328392 FUNDS HELD FOR CAPITAL MAINTENANCE 2740565 DEFERRED RENT 39958315 PASS THROUGH STATION MAINTENANCE FUNDS -1448 DUE FROM RELATED PARTY 1643 43027467 SWAP CONTRACT 612538 FUNDS HELD FOR CAPITAL MAINTENANCE 2740565 3353103 X 17144678 443875 443875 16700803 0 16700803 9575521 0 9575521 0 9575521 PART X, LINE 2: MANAGEMENT HAS EVALUATED ITS TAX POSITIONS AND IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. FOR THE YEAR ENDED SEPTEMBER 30, 2019, USRC HAS DETERMINED THAT NO SIGNIFICANT UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAIN ON INTEREST RATE SWAP 443,875. X 0 0 0 0 0 0 0 0 0 BEVERLEY K SWAIM-STALEY PRESIDENT AND CEO 244884 0 0 0 0 0 12852 0 0 0 257736 0 0 0 NZINGA BRYANT VP & DIRECTOR, FINANCE AND ADMINISTR 135323 0 0 0 0 0 9753 0 20268 0 165344 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE VICE PRESIDENT AND PRESIDENT OF USRC. IT IS ALSO DISTRIBUTED TO ALL USRC BOARD OF DIRECTOR DESIGNEES FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE ETHICS OFFICER PROVIDES THE ETHICS POLICY TO ALL BOARD MEMBERS AND HAS THE REPRESENTATIVES AND THEIR DESIGNEES COMPLETE AND RETURN AN ANNUAL CONFLICT OF INTEREST STATEMENT. ALSO, EACH EMPLOYEE IS PROVIDED THE CONFLICT OF INTEREST POLICY ON THEIR FIRST DAY OF EMPLOYMENT AND IS REQUIRED TO SIGN AND COMPLETE A CONFLICT OF INTEREST STATEMENT. ALL EMPLOYEES ARE REQUIRED TO SUBMIT A CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS. BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO SUBMIT A CONFLICT OF INTEREST DISCLOSURE STATEMENT AT ANY TIME A POTENTIAL CONFLICT ARISES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR.