DOWNTOWN CENTER BUSINESS IMPROVEMENT DISTRICT INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
DOWNTOWN CENTER BUSINESS IMPROVEMENT DISTRICT INC (EIN 95-4653987)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-09-14
IRS object ID
201842579349300139
Schema version
2017v2.3
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)
Return2018-09-14T09:39:23-05:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN951777440PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GREEN HASSON & JANKS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110990 WILSHIRE BLVD 16TH FLOORAddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP900243929ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN954653987EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DOWNTOWN CENTER BUSINESS IMPROVEMENTBusinessNameLine1Txt
Business Name Line2DISTRICT MANAGEMENT CORPORATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlDOWNBusinessNameControlTxt
Phone2136242146PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1600 WILSHIRE BOULEVARD NO 870AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP900172915ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCAROL E SCHATZPersonNm
Person TitleCEOPersonTitleTxt
Phone2136242146PhoneNum
Signature2018-08-27SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLIZBETH G NEVAREZPreparerPersonNm
PTINP01399868PTIN
Phone3108731600PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address38.186.35.254IPv4AddressTxt
FieldValueIRS element (for citing)
IP2018-08-27IPDt
IP Tm18:09:40IPTm
IP TimezonePDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device Id1E5C2E37194314C3A47C760AEAFDC059525B6175AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2018-06-14 16:35:46ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerCAROL E SCHATZPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1600 WILSHIRE BOULEVARD NO 870AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP900172915ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$6,402,559GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressHTTP:/WWW.DOWNTOWNLA.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1997FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionPROVIDE SAFETY, MAINTENANCE, AND ECONOMIC DEVELOPMENT SUPPORT FOR AN AREA OF DOWNTOWN LOS ANGELESActivityOrMissionDesc
Voting Members Governing Body26VotingMembersGoverningBodyCnt
Voting Members Independent25VotingMembersIndependentCnt
Total Employee15TotalEmployeeCnt
Total Volunteers25TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$5,885,868PYProgramServiceRevenueAmt
CY Program Service Revenue$6,397,505CYProgramServiceRevenueAmt
PY Investment Income$3,216PYInvestmentIncomeAmt
CY Investment Income$5,054CYInvestmentIncomeAmt
PY Other Revenue-$6,789PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$5,882,295PYTotalRevenueAmt
CY Total Revenue$6,402,559CYTotalRevenueAmt
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$1,661,541PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,596,891CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$4,420,991PYOtherExpensesAmt
CY Other Expenses$5,024,993CYOtherExpensesAmt
PY Total Expenses$6,082,532PYTotalExpensesAmt
CY Total Expenses$6,621,884CYTotalExpensesAmt
PY Revenues Less Expenses-$200,237PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$219,325CYRevenuesLessExpensesAmt
Total Assets BOY$1,787,737TotalAssetsBOYAmt
Total Assets EOY$2,101,276TotalAssetsEOYAmt
Total Liabilities BOY$340,956TotalLiabilitiesBOYAmt
Total Liabilities EOY$873,820TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,446,781NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,227,456NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO IMPROVE AND CONVEY SPECIAL BENEFITS TO PROPERITES LOCATED WITHIN THE CENTRAL BUSINESS DISTRICT OF THE CITY OF LOS ANGELES (THE CITY).MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescPROGRAMS AND SERVICES PROVIDED BY DOWNTOWN CENTER BUSINESS IMPROVEMENT DISTRICT (DCBID) INCLUDE THE FOLLOWING:PUBLIC SAFETY - PROVIDING INCREASED PUBLIC SECURITY THROUGH A COMBINATION OF UNIFORMED GUARDS AND WORKING RELATIONSHIPS WITH LOS ANGELES POLICE, LOS ANGELES SHERIFF, AND LOS ANGELES FIRE DEPARTMENTS.MAINTENANCE - MAINTAINING CLEAN SIDEWALKS AND CURBS AND GARBAGE REMOVAL.COMMUNITY SERVICE - TO DEVELOP AND IMPLEMENT SOCIAL PROGRAMS THAT COORDINATE WITH OTHER SOCIAL SERVICE ORGANIZATIONS LOCATED WITHIN THE PRESIDING AREA.DESTINATION MARKETING - PROMOTING DOWNTOWN LOS ANGELES THROUGH THE GENERAL MEDIA AND SPECIAL EVENTS.ECONOMIC DEVELOPMENT - TO RETAIN AND DEVELOP PROSPECTIVE BUSINESSES WITHIN DCBID.SPECIAL PROJECTS - DISTRICT-WIDE MAINTENANCE PROGRAM FOR THE REMOVAL OF TRASH AND GRAFFITI, AND WEED ABATEMENT.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
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
IRP Document25IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee15EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members26GoverningBodyVotingMembersCnt
Independent Voting Member25IndependentVotingMemberCnt
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 Chapters0LocalChaptersInd
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
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SUZANNE HOLLEYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2136242146PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1600 WILSHIRE BOULEVARD SUITE 870AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90017ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (29 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
CARI WOLK
CHAIRPERSON1.00Yes (X)Yes (X)$0$0$0
PEKLAR PILAVJIAN
PAST CHAIR1.00Yes (X)Yes (X)$0$0$0
SAULI DANPOUR
TREASURER1.00Yes (X)Yes (X)$0$0$0
ERIC BENDER
SECRETARY1.00Yes (X)Yes (X)$0$0$0
BARRY ALTSHULER
EXECUTIVE VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
ROBERT CUSHMAN
EXECUTIVE VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
JIM BONHAM
BOARD MEMBER1.00Yes (X)$0$0$0
BARBARA BUNDY
BOARD MEMBER1.00Yes (X)$0$0$0
STACY LIEBERMAN
BOARD MEMBER1.00Yes (X)$0$0$0
KARL CADE
BOARD MEMBER1.00Yes (X)$0$0$0
KATHLEEN MILLER
BOARD MEMBER1.00Yes (X)$0$0$0
ROBERT MORGAN
BOARD MEMBER1.00Yes (X)$0$0$0
MICHAEL CZARCINSKI
BOARD MEMBER1.00Yes (X)$0$0$0
CLARE DE BRIERE
BOARD MEMBER1.00Yes (X)$0$0$0
EVAN GROBECKER
BOARD MEMBER1.00Yes (X)$0$0$0
SIMON HA
BOARD MEMBER1.00Yes (X)$0$0$0
ROBERT HANASAB
BOARD MEMBER1.00Yes (X)$0$0$0
STEVEN HATHAWAY
BOARD MEMBER1.00Yes (X)$0$0$0
CHRIS PARK
BOARD MEMBER1.00Yes (X)$0$0$0
VERONICA PEREZ
BOARD MEMBER1.00Yes (X)$0$0$0
LUCY RUMANTIR
BOARD MEMBER1.00Yes (X)$0$0$0
HELEN SIMMONS
BOARD MEMBER1.00Yes (X)$0$0$0
MARK SPECTOR
BOARD MEMBER1.00Yes (X)$0$0$0
KC YASMER
BOARD MEMBER1.00Yes (X)$0$0$0
ADELE YELLIN
BOARD MEMBER1.00Yes (X)$0$0$0
CAROL E SCHATZ
PRESIDENT/CEO40.00Yes (X)Yes (X)$206,426$0$26,708
SUZANNE HOLLEY
SVP & CHIEF OPERATING OFFICER28.00Yes (X)$177,996$0$9,294
NICHOLAS GRIFFIN
VP OF ECONOMIC DEVELOPMENT40.00$160,293$0$13,765Yes (X)
BRIAN RABOIN
VP OF OPERATIONS40.00$143,235$0$2,190Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$687,950TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$51,957TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K4IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
UNIVERSAL PROTECTION SERVICES
639 WILSHIRE BLVDLOS ANGELESCA90017SECURITY$1,469,613
CHRYSALIS
516 S MAIN STREETLOS ANGELESCA90013MAINTANENCE$1,196,240
AVG
595 MAIN STREET APT 1201NEW YORKNY10044CONSULTING$195,242
PATH
340 N MADISON AVELOS ANGELESCA90010CONSULTING$110,012
MACY ASSOCIATES
411 CULVER BLVDPLAYA DEL REYCA90293CONSULTING$103,528
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ASSESSMENT REVENUE900099$6,319,274$6,319,274
CONTRACT REVENUE900099$78,231$78,231
FieldValueIRS element (for citing)
Total Program Service Revenue$6,397,505TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,054TotalRevenueColumnAmt
Exclusion$5,054ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,402,559TotalRevenueColumnAmt
Related Or Exempt Func Income$6,397,505RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$5,054ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$594,483TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$804,783TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$22,497TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$80,207TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$94,921TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$161,599TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$92,885TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,934,313TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$113,114TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$104,051TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$125,216TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$323,675TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$63,580TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$29,375TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$47,058TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$66,592TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
PROGRAM EXPENDITURES$472,629
MAINTENANCE SUPPLIES AN$79,434
MEMBERSHIPS AND SUBSCRI$55,842
CITY & COUNTY ADMIN FEE$31,933

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$323,697TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,621,884TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$187,066BOYAmt
EOY$765,689EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,399,998BOYAmt
EOY$897,884EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,028BOYAmt
EOY$77,382EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$90,424BOYAmt
EOY$85,115EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$920,504LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$691,661LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$107,221BOYAmt
EOY$228,843EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$46,363EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,787,737BOYAmt
EOY$2,101,276EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$340,956BOYAmt
EOY$873,820EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$340,956BOYAmt
EOY$873,820EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,446,781BOYAmt
EOY$1,227,456EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,446,781BOYAmt
EOY$1,227,456EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,787,737BOYAmt
EOY$2,101,276EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$219,325ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues NondedYes (1)SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$69,742OtherCostOrOtherBasisAmt
Depreciation$21,762DepreciationAmt
Book Value$47,980BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$570,642OtherCostOrOtherBasisAmt
Depreciation$509,431DepreciationAmt
Book Value$61,211BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$280,120OtherCostOrOtherBasisAmt
Depreciation$160,468DepreciationAmt
Book Value$119,652BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$228,843TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$6,402,559TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$6,402,559RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$6,402,559TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$6,621,884TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$6,621,884ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$6,621,884TotalExpensesPerForm990Amt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
CAROL E SCHATZ
PRESIDENT/CEO$196,193$0$0$0$10,233$0$12,088$0$14,620$0$233,134$0$0$0
SUZANNE HOLLEY
SVP & CHIEF OPERATING OFFICER$147,996$0$30,000$0$0$0$0$0$9,294$0$187,290$0$0$0
NICHOLAS GRIFFIN
VP OF ECONOMIC DEVELOPMENT$148,293$0$12,000$0$0$0$0$0$13,765$0$174,058$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1THE EXECUTIVE COMMITEE MAY ACT ON BEHALF OF THE GOVERNING BODY SUBJECT TO LIMITATIONS AS NOTED IN THE BYLAWS. DURING THE YEAR, THE EXECUTIVE COMMITTEE INCLUDED: 1) CARI WOLK, CHAIRPERSON 2) PEKLAR PILAVJIAN, PAST CHAIR 3) SAULI DANPOUR, TREASURER 4) ERIC BENDER, SECRETARY 5) BARRY ALTSHULER, EXECUTIVE VICE CHAIR 6) ROBERT CUSHMAN, EXECUTIVE VICE CHAIR 7) CAROL E. SCHATZ, PRESIDENT/CEO.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS ONLY REVIEWED INTERNALLY BY THE CHIEF OPERATING OFFICER AND DCBID'S ACCOUNTANT, CURRENTLY NOBLE ACCOUNTING, LLP. A COPY IS NOT PROVIDED TO THE BOARD PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CON AN ANNUAL BASIS, A CODE OF CONDUCT DISCLOSURE IS GIVEN TO EACH BOARD MEMBER AND THEY ARE REQUIRED TO SIGN IT AND AGREE TO ITS PROVISIONS. POTENTIAL CONFLICTS OF INTEREST INVOLVING THE CEO OR OTHER CORPORATE OFFICERS ARE REVIEWED BY THE BOARD OF DIRECTORS AND THE CHIEF OPERATING OFFICER OF DCBID IN THE NORMAL COURSE OF PROCESSING RECEIPTS AND DISBURSEMENTS.
FORM 990, PART VI, SECTION B, LINE 15THE DCBID EXECUTIVE COMMITTEE IS RESPONSIBLE FOR REVIEWING THE CEO'S PERFORMANCE ON AN ANNUAL BASIS AND DETERMINING THE TERMS OF THE EMPLOYMENT AGREEMENT. ONLY THE CEO IS BOUND BY AN EMPLOYMENT AGREEMENT CONTRACT. THE CEO MAKES RECOMMENDATIONS TO THE BOARD EXECUTIVE COMMITTEE REGARDING COMPENSATION FOR SENIOR MANAGEMENT.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART VII, LINE 1CERTAIN STAFF MEMBERS PROVIDED SERVICES TO BOTH THE DOWNTOWN CENTER BUSINESS IMPROVEMENT DISTRICT (DCBID) AND CENTRAL CITY ASSOCIATION (CCA), A 501 (C)(6) ORGANIZATION, INCLUDING THE SVP & CHIEF OPERATING OFFICER (COO). WHILE INDIVIDUALS SERVED IN THESE ROLES FOR BOTH DCBID AND CCA, THEY WERE LEGAL EMPLOYEES OF EITHER DCBID OR CCA ONLY. THE COSTS FOR THE SERVICES ARE BILLED FROM THE ENTITY PROVIDING THE SERVICES TO THE ENTITY RECEIVING THE SERVICES PURSUANT TO RECIPROCAL SERVICES AGREEMENTS BETWEEN DCBID AND CCA (THE AGREEMENTS). EFFECTIVE AS OF DECEMBER 31, 2017, DCBID AND CCA ARE NO LONGER PARTY TO THE AGREEMENTS AND NO LONGER PROVIDE SERVICES OF ANY KIND TO THE OTHER ORGANIZATION.
FORM 990, PART IX, LINE 11GTEMPORARY HELP 7,776. SECURITY SERVICES 1,493,735. MAINTENANCE SERVICES 1,037,331. PAYROLL PROCESSING 12,352. TRASH DISPOSAL 39,473. PUBLIC RELATIONS 117,083. MARKETING & COMMUNICATIONS 179,830. OTHER 46,733.

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