2018-08-13T09:38:40-05:00 2017-09-30 521855942 Tate and Tryon 2021 L Street NW Suite 400 Washington DC 20036 990 2016-10-01 521318977 Union Station Redevelopment corporation UNIO 2022220271 750 First Street NE No 1010 Washington DC 20002 Beverley Swaim-Staley President & CEO 2022220271 2018-08-13 1 Frederick Longwood P00439715 2022932200 2016 2022-09-23 18:48:47Z X Beverley Swaim-Staley 750 First Street NE No 1010 Washington DC 20002 19970731 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 1072199 480691 15726625 19337563 95078 143140 257167 9337 17151069 19970731 0 0 0 0 1192230 1108895 0 0 0 8070087 9675344 9262317 10784239 7888752 9186492 132303972 142650916 32467377 31480562 99836595 111170354 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 6718399 19337563 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 EXEMPT UNDER IRC SECTION 501(C)(3). 6718399 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 X 5 5 0 0 0 0 0 0 0 1 0 1 0 1 1 1 1 1 1 0 0 0 X Tate & Tryon 2022932200 2021 L Street NW WASHINGTON DC 20036 Victor Mendez Chairman (10/16 - 01/17) 2.00 X 0 0 0 Jeffrey Rosen Chairman (06/17 - Present) 2.00 X 0 0 0 Stephen Gardner Vice Chairman 2.00 X 0 0 0 Dana Gresham Director (10/16 - 01/17) 2.00 X 0 0 0 Juan Reyes Director (09/17 - Present) 2.00 X 0 0 0 Robert Flanagan Director 2.00 X 0 0 0 Leif Dormsjo Director (10/16-08/17) 2.00 X 0 0 0 Beverley K Swaim-Staley President & CEO 40.00 X 244884 0 31748 Nzinga Bryant VP & Director, Finance and Administration 40.00 X 131008 0 20476 Kevin Forma 2nd Century Program Manager 40.00 X 106667 0 4400 482559 0 56624 3 0 1 0 Structural Preservation Systems 6955 San Tomas Road Elkridge MD 21075 Structural repair Service 797234 The Christman Company 1881 Campus Commons Suite 405 Reston VA 20191 Project Management 500156 National Railroad Passenger Corporation 60 Massachusetts Ave NE Washington DC 20002 Garage and Railroad Construction 466092 Timothy Haahs & Associates Inc 550 Township Line Road Suite 100 Blue Bell PA 19422 Architect/Planning and Design 294100 KONE Inc 6901 Muirkirk Meadows Dr Beltsville MD 20705 Escalater/Elevator Service 229399 9 447299 33392 480691 Parking Garage Rent 532000 8256138 8256138 USI Shops/Office Rent 532000 7827791 7827791 USI LEASEHOLD IMPROVEMENTS 900099 3253634 3253634 19337563 143140 143140 Miscellaneous Income 900099 9337 9337 9337 19970731 19337563 0 152477 434617 434617 509294 509294 41819 41819 62144 62144 61021 61021 82121 82121 135561 135561 127978 127978 12215 12215 57102 2243 54859 48535 4498 44037 301002 301002 1005901 1005901 2625944 2625944 126515 126515 UNION STATION 2ND CENTU 1955693 1955693 CMRF Related Expenses 888082 888082 Bad Debt Expense 834547 834547 Possessory Interest Tax 684065 684065 790083 557874 232209 10784239 6718399 4065840 0 5513490 7050351 6019050 2532123 9696 5071147 4551438 2188568 128699 95608011 23436174 68036586 72171837 11509423 16933855 33965708 39272917 132303972 142650916 2623726 1318993 21967 7834 25892815 24981913 3928869 5171822 32467377 31480562 X 99777485 111111244 59110 59110 99836595 111170354 132303972 142650916 9186492 1257770 889497 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 89058009 21676727 67381282 6550002 1759447 4790555 72171837 deposits 343272 funds held for capital maintenance 4011185 deferred rent 34707546 Pass Through Station Maintenance Funds 210914 39272917 swap contract 1160637 funds held for capital maintenance 4011185 5171822 X 21228501 1257770 1257770 19970731 0 19970731 10784239 0 10784239 0 10784239 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, 2017, 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 1,257,770. X 0 0 0 0 0 0 0 0 0 Beverley K Swaim-Staley President & CEO 244884 0 0 0 0 0 31748 0 3176 0 279808 0 0 0 Nzinga Bryant VP & Director, Finance and Administr 131008 0 0 0 0 0 17273 0 6527 0 154808 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 VII Contact Addresses for Officers, Directors, Etc Victor Mendez - 1200 New Jersey Ave, SE, Washington, DC 20590. Jeffrey Rosen - 1200 New Jersey Ave, SE, Washington, DC 20590. Stephen Gardner - 60 Massachusetts Avenue, NE, Washington, DC 20002. Dana Gresham - 1200 New Jersey Ave, SE, Washington, DC 20590. Juan Reyes - 1200 New Jersey Ave, SE, Washington, DC 20590. Robert Flanagan - 7500 Old Georgetown Rd, 15th Fl, Bethesda, MD 20814. Leif Dormsjo - 55 M St SE Suite 400, Washington, DC 20003. FORM 990, PART XII, LINE 2C THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR.