2017-08-15T08:28:59-05:00 2016-09-30 541487262 MATTHEWS CARTER & BOYCE 12500 FAIR LAKES CIRCLE SUITE 260 FAIRFAX VA 22033 990 2015-10-01 201608105 MOUNT VERNON TRIANGLE COMMUNITY IMPROVEMENT DISTRICT MOUN 2022160511 457 MASSACHUSETTS AVENUE NW WASHINGTON DC 20001 KENYATTAH ROBINSON PRESIDENT AND CEO 2022160511 2017-08-14 1 KATHLEEN M FLAHERTY P00969957 7032183600 2015 2021-01-29 14:40:06Z KENYATTAH ROBINSON 457 MASSACHUSETTS AVENUE NW WASHINGTON DC 20001 941037 0 X WWW.MVTCID.ORG X 2003 DC TO ENHANCE THE QUALITY OF LIFE OF RESIDENTS, VISITORS AND WORKERS, AND TO PROMOTE THE COMMON COMMERCIAL INTERESTS OF BUSINESS AND PROPERTY OWNERS, IN THE AREA DESCRIBED AS THE "MOUNT VERNON TRIANGLE COMMUNITY IMPROVEMENT DISTRICT" AS DEFINED IN THE BUSINESS IMPROVEMENT DISTRICT ACT OF 1996. 19 19 3 19 0 0 118000 146000 718234 794589 0 448 0 0 836234 941037 0 0 0 0 288842 317439 0 0 0 477095 586630 765937 904069 70297 36968 397723 611956 63819 118308 333904 493648 X TO ENHANCE THE QUALITY OF LIFE OF RESIDENTS, VISITORS AND WORKERS, AND TO PROMOTE THE COMMON COMMERCIAL INTERESTS OF BUSINESS AND PROPERTY OWNERS, IN THE AREA DESCRIBED AS THE "MOUNT VERNON TRIANGLE COMMUNITY IMPROVEMENT DISTRICT" AS DEFINED IN THE BUSINESS IMPROVEMENT DISTRICT ACT OF 1996. 0 0 420426 794589 CLEAN AND SAFE PROGRAMS - THE MVT CID MAINTAINS A SEVEN-PERSON CLEAN TEAM AMBASSADORS STAFF THAT WORKS TO IMPROVE THE OVERALL CLEANLINESS AND SAFETY OF THE NEIGHBORHOOD. THE AMBASSADORS WORK SEVEN DAYS A WEEK BETWEEN 7:00 AM AND 7:00 PM ON WEEKDAYS AND 7:30 AM AND 3:30 PM ON WEEKENDS. THE CLEAN TEAM IS RESPONSIBLE FOR PICKING UP TRASH AND DEBRIS FROM THE SIDEWALKS AND STREETS; EMPTYING TRASH CANS; REMOVING GRAFFITI, STICKERS, AND HANDBILLS; PROVIDING LANDSCAPE MAINTENANCE FOR PARKS AND TREE BOXES; SHOVELING SNOW IN SUPPORT OF PRIVATE AND PUBLIC SPACES; PUTTING ICE MELT IN CROSSWALKS AND UNMAINTAINED ZONES; AND IDENTIFYING PUBLIC REALM DEFICIENCIES FOR REPORTING TO THE DISTRICT GOVERNMENT. 252132 MARKETING AND ECONOMIC DEVELOPMENT PROGRAMS - MARKETING IS AN IMPORTANT ACTIVITY FOR THE MVT CID WITH GOALS TO PROMOTE ECONOMIC DEVELOPMENT - ATTRACTING BUSINESSES, RETAILERS AND RESIDENTS - AND TO ENCOURAGE CURRENT RESIDENTS AND BUSINESSES TO ENJOY ALL THAT THE TRIANGLE HAS TO OFFER. THE MVT CID PROMOTES RETAILERS AND NEW DEVELOPMENT, SUPPORTS THEIR BUSINESS-SPECIFIC MARKETING EFFORTS AND PURSUES OPPORTUNITIES TO HIGHLIGHT INTERESTING STORIES WITHIN THE COMMUNITY. WE ALSO MEET WITH POTENTIAL NEW RETAIL AND OFFICE CLIENTS TO ATTRACT THEM TO THE NEIGHBORHOOD. 672558 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 1 3 1 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X THE ORGANIZATION 2022160511 457 MASSACHUSETTS AVENUE NW WASHINGTON DC 20001 NICOLAS FRANZETTI DIRECTOR 1.00 X 0 0 0 STEPHAN RODIGER DIRECTOR 1.00 X 0 0 0 MARK S WOOD AT LARGE DIRECTOR 1.00 X 0 0 0 STEVEN C BOYLE DIRECTOR 1.00 X 0 0 0 HAKAN ILHAN DIRECTOR 1.00 X 0 0 0 MAY CHAN DIRECTOR 1.00 X 0 0 0 TODD DENGEL AT LARGE DIRECTOR 1.00 X 0 0 0 MICHELLE MARTIN DIRECTOR 1.00 X 0 0 0 TARRA KOHLI AT LARGE DIRECTOR 1.00 X 0 0 0 MATTHEW SHANNON DIRECTOR 1.00 X 0 0 0 PETE OTTENI DIRECTOR 1.00 X 0 0 0 GERRY WIDDICOMBE DIRECTOR 1.00 X 0 0 0 YVONNE L WILLIAMS AT LARGE DIRECTOR 1.00 X 0 0 0 REVEREND JAMES TERRELL DIRECTOR 1.00 X 0 0 0 ABBY ELBAUM DIRECTOR 1.00 X 0 0 0 CLAIRE SCHAEFER OLEKSAIK PRESIDENT - FORMER 40.00 X 110174 0 10991 DR JOSEPH EVANS CHAIRMAN 1.00 X 0 0 0 BERKELEY SHERVIN VICE-CHAIRMAN 1.00 X 0 0 0 JIMMY DODSON TREASURER 1.00 X 0 0 0 DR IVORY TOLDSON SECRETARY 1.00 X 0 0 0 KENYATTAH ROBINSON PRESIDENT/CEO 40.00 X 0 0 0 110174 0 10991 1 0 0 0 CENTRAL UNION MISSION 65 MASSACHUSETTS AVE NW WASHINGTON DC 20001 CLEANING/STREET MAINTENANCE SERVICES 126000 1 126000 20000 146000 MEMBER ASSESSMENT 561499 768441 768441 PENALTY INCOME 561499 26148 26148 794589 448 448 941037 794589 0 448 106514 160686 7800 19154 23285 9008 42423 49916 32242 26391 15922 78618 1337 46713 7815 5170 DPW PUBLIC SPACE EXPE 126000 CLEANING & MAINTENANCE 120061 OTHER EXPENSES 15069 ART AND CULTURAL 9945 904069 351596 470616 10000 118790 552 0 11343 6132 44402 42148 10068 2254 14164 14164 397723 611956 47572 46295 16247 64713 0 7300 63819 118308 X 333904 487826 5822 333904 493648 397723 611956 36968 122776 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 44402 42148 2254 2254 DEFERRED RENT 7300 7300 X 941037 0 941037 0 941037 904069 0 904069 0 904069 PART X, LINE 2: THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED FASB ASC740, INCOME TAXES, WHICH REQUIRES CHANGES IN RECOGNITION AND MEASUREMENT FOR UNCERTAIN TAX POSITIONS. THE ORGANIZATION HAS DETERMINED THAT IT CURRENTLY DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS. IF THIS POSITION CHANGES, THE ORGANIZATION WILL ASSESS THE IMPACT OF ANY SUCH MATTERS ON ITS STATEMENT OF FINANCIAL POSITION AND ITS RESULTS OF OPERATIONS. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION IS A MEMBERSHIP CORPORATION. PERSONS ELIGIBLE FOR MEMBERSHIP SHALL INCLUDE PROPERTY OWNERS AND COMMERCIAL AND RESIDENTIAL TENANTS IN THE CID AREA. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE MOUNT VERNON TRIANGLE COMMUNITY IMPROVEMENT DISTRICT ELECT THE ORGANIZATION'S GOVERNING BODY (BOARD OF DIRECTORS) FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS REVIEWS THE 990 PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES HAVE AN OBLIGATION TO CONDUCT BUSINESS WITHIN GUIDELINES THAT PROHIBIT ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. THIS POLICY ESTABLISHES ONLY THE FRAMEWORK WITHIN WHICH THE MOUNT VERNON TRIANGLE CID PLANS TO OPERATE. THE PURPOSE OF THESE GUIDELINES IS TO PROVIDE GENERAL DIRECTION SO EMPLOYEES CAN SEEK FURTHER CLARIFICATION ON ISSUES RELATED TO THE SUBJECT OF ACCEPTABLE STANDARDS OF OPERATION. THE BASIC PRINCIPLE OF CONFLICT OF INTEREST IS THAT EMPLOYEES SHOULD AVOID ANY ACTIVITY, INVESTMENT, OR INTEREST THAT MIGHT REFLECT UNFAVORABLY UPON THE INTEGRITY OR GOOD NAME OF THE EMPLOYEE OR OF THE MOUNT VERNON TRIANGLE CID. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD PRESIDENT MEETS WITH THE PRESIDENT & CEO WHEN COMPENSATION RECOMMENDATIONS HAVE BEEN APPROVED TO DISCUSS CHANGES IN COMPENSATION AND BENEFITS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON THEIR WEBSITE WWW.MVTCID.ORG FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR. FORM 990, PART VI, LINE 14: ALTHOUGH THE ORGANIZATION DID NOT HAVE A WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY IN EFFECT IN FY16, THE ORGANIZATION WILL HAVE ONE IN EFFECT BY SEPTEMBER 30, 2017. FORM 990, PART XI, LINE 8: THE PRIOR YEAR FINANCIAL STATEMENTS INCLUDED $122,776 OF ALLOWANCE FOR DOUBTFUL ASSESSMENTS RECEIVABLE AS OF SEPTEMBER 30, 2015. UNDER TERMS OF THE BUSINESS IMPROVEMENT DISTRICTS ACT OF 1996 (BID ACT) THE BID CORPORATION SHALL HAVE A LIEN ON ALL NONEXEMPT REAL PROPERTY WITHIN THE BID FOR UNPAID BID CHARGES LEVIED AGAINST THE OWNER OF THE PROPERTY IN ACCORDANCE WITH THE BID ACT. THEREFORE, ALTHOUGH THE OVERDUE TAX ASSESSMENTS MAY NOT BE CURRENTLY COLLECTIBLE THEY WILL BE COLLECTIBLE AT A FUTURE DATE. A PRIOR PERIOD ADJUSTMENT IN THE AMOUNT OF $122,776 HAS BEEN RECORDED AS OF SEPTEMBER 30, 2015, THE EFFECT OF WHICH IS TO REDUCE THE ALLOWANCE FOR DOUBTFUL ASSESSMENTS RECEIVABLE AND INCREASE UNRESTRICTED NET ASSETS AS IN THE AMOUNT OF $122,776.