BETA

UNION STATION REDEVELOPMENT CORP: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
UNION STATION REDEVELOPMENT CORP (EIN 52-1318977)
Tax period
2015-10-01 to 2016-09-30
Filed
2017-08-14
IRS object ID
201732269349300528
Schema version
2015v3.0
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)
Return2017-08-14T09:19:40-05:00ReturnTs
Tax Period End2016-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521855942PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Tate and TryonBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12021 L Street NW Suite 400AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN521318977EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Union Station Redevelopment corporationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlUNIOBusinessNameControlTxt
Phone2022220271PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 G Street No 504AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20002ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBeverley Swaim-StaleyPersonNm
Person TitlePresident & CEOPersonTitleTxt
Phone2022220271PhoneNum
Signature2017-08-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonFrederick LongwoodPreparerPersonNm
PTINP00439715PTIN
Phone2022932200PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBeverley Swaim-StaleyPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 G Street No 504AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20002ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$17,151,069GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.usrcdc.comWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1983FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or Missionmanagement of the renovated and redeveloped facilities of washington, dc's union station through the federal railroad administration.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee17TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,526,219PYContributionsGrantsAmt
CY Contributions Grants$1,072,199CYContributionsGrantsAmt
PY Program Service Revenue$14,879,107PYProgramServiceRevenueAmt
CY Program Service Revenue$15,726,625CYProgramServiceRevenueAmt
PY Investment Income$141,236PYInvestmentIncomeAmt
CY Investment Income$95,078CYInvestmentIncomeAmt
PY Other Revenue$54,178PYOtherRevenueAmt
CY Other Revenue$257,167CYOtherRevenueAmt
PY Total Revenue$16,600,740PYTotalRevenueAmt
CY Total Revenue$17,151,069CYTotalRevenueAmt
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$1,139,487PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,192,230CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$6,531,939PYOtherExpensesAmt
CY Other Expenses$8,070,087CYOtherExpensesAmt
PY Total Expenses$7,671,426PYTotalExpensesAmt
CY Total Expenses$9,262,317CYTotalExpensesAmt
PY Revenues Less Expenses$8,929,314PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$7,888,752CYRevenuesLessExpensesAmt
Total Assets BOY$127,639,214TotalAssetsBOYAmt
Total Assets EOY$132,303,972TotalAssetsEOYAmt
Total Liabilities BOY$35,733,227TotalLiabilitiesBOYAmt
Total Liabilities EOY$32,467,377TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$91,905,987NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$99,836,595NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionUSRC'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 PROPERTYMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$7,194,651ExpenseAmt
Revenue$15,417,484RevenueAmt
Descmanagement 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).Desc
Total Program Service Expenses$7,194,651TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
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 AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
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
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
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
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document6IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee17EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
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 Committees0MinutesOfCommitteesInd
Officer Mailing AddressYes (1)OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Tate & TryonBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2022932200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12021 L Street NWAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
Victor Mendez
Chairman2.00Yes (X)$0$0$0
Stephen Gardner
Vice Chairman2.00Yes (X)$0$0$0
Emeka Moneme
Director2.00Yes (X)$0$0$0
Leif Dormsjo
Director2.00Yes (X)$0$0$0
Dana Gresham
Director2.00Yes (X)$0$0$0
MELISSA PORTER
DIRECTOR (THRU APRIL 2016)2.00Yes (X)$0$0$0
Scott Veldman
Treasurer2.00$0$0$0Yes (X)
Marialuisa Gallozzi
Corporate Secretary2.00$0$0$0Yes (X)
Beverley K Swaim-Staley
President & CEO40.00$245,000$0$36,750Yes (X)
Nzinga Baker
VP & Director, Finance & Administration40.00$127,095$0$41,143Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$372,095TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$77,893TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
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
Union Station Investco Inc
2 West/40 Massachusetts Ave NEWashingtonDC20002Garage Electric$901,303
National Railroad Passenger Corporation
60 Massachusetts AveNE WashingtonDC20002Garage and Railroad Construction$853,005
Colonial Parking Inc
1050 Thomas Jefferson St NW SuiteWashingtonDC20007Garage Equipment & Construction$490,377
Kone Inc
4420 Lottsford Vista RoadLanhamMD20706Escalater/Elevator Service$211,571
DC Water and Sewer Authority
5000 Overlook AvenueSW WashingtonDC20032Water and Sewer Management$113,156
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K6CntrctRcvdGreaterThan100KCnt
Government Grants$1,062,199GovernmentGrantsAmt
All Other Contributions$10,000AllOtherContributionsAmt
Total Contributions$1,072,199TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Parking Garage Rent532000$8,484,404$8,484,404
USI Shops/Office Rent532000$6,933,080$6,933,080
USI LEASEHOLD IMPROVEMENTS900099$309,141$309,141
FieldValueIRS element (for citing)
Total Program Service Revenue$15,726,625TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$95,078TotalRevenueColumnAmt
Exclusion$95,078ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
OTHER INCOME900099$186,846$186,846
Miscellaneous Income900099$70,321$70,321
FieldValueIRS element (for citing)
Other Revenue Total$257,167OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$17,151,069TotalRevenueColumnAmt
Related Or Exempt Func Income$15,726,625RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$352,245ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$372,096TotalAmt
Management And General$372,096ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$590,723TotalAmt
Management And General$590,723ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$48,867TotalAmt
Management And General$48,867ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$111,982TotalAmt
Management And General$111,982ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$68,562TotalAmt
Management And General$68,562ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$109,661TotalAmt
Management And General$109,661ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$116,744TotalAmt
Management And General$116,744ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$88,723TotalAmt
Program Services$88,723ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$19,091TotalAmt
Management And General$19,091ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$44,313TotalAmt
Program Services$2,207ProgramServicesAmt
Management And General$42,106ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$197,038TotalAmt
Management And General$197,038ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1,044,294TotalAmt
Program Services$1,044,294ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,852,245TotalAmt
Program Services$1,852,245ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$138,103TotalAmt
Management And General$138,103ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
UNION STATION 2ND CENTU$2,820,526$2,820,526
POSSESSORY INTEREST TAX$664,053$664,053
MAINTENANCE & REPAIRS$632,929$509,324$123,605
Other expenses$169,290$55,222$114,068

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$173,077TotalAmt
Program Services$158,057ProgramServicesAmt
Management And General$15,020ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$9,262,317TotalAmt
Program Services$7,194,651ProgramServicesAmt
Management And General$2,067,666ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$9,832,610BOYAmt
EOY$5,513,490EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$6,728,118BOYAmt
EOY$6,019,050EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,166,635BOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$6,554,724BOYAmt
EOY$5,071,147EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$113,108BOYAmt
EOY$2,188,568EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$88,846,815LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$20,810,229LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$60,752,331BOYAmt
EOY$68,036,586EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$11,504,780BOYAmt
EOY$11,509,423EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$29,986,908BOYAmt
EOY$33,965,708EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$127,639,214BOYAmt
EOY$132,303,972EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$5,896,836BOYAmt
EOY$2,623,726EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$31,322BOYAmt
EOY$21,967EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$26,742,057BOYAmt
EOY$25,892,815EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,063,012BOYAmt
EOY$3,928,869EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$35,733,227BOYAmt
EOY$32,467,377EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$91,740,127BOYAmt
EOY$99,777,485EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$165,860BOYAmt
EOY$59,110EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$91,905,987BOYAmt
EOY$99,836,595EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$127,639,214BOYAmt
EOY$132,303,972EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$7,888,752ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$41,856NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
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 RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type3 Func IntYes (X)SupportingOrgType3FuncIntInd
IRS Written DeterminationYes (X)IRSWrittenDeterminationInd
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1UNITED STATES OF AMERICABusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN000000000EIN
Organization Type6OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$0SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$0SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type3 Sprt Org All Form990SchAType3SprtOrgAllGrp

FieldValueIRS element (for citing)
Timely Provided Documents0TimelyProvidedDocumentsInd
Officers Close RelationshipYes (1)OfficersCloseRelationshipInd
Supported Org Voice Investment0SupportedOrgVoiceInvestmentInd

Form990 Sch A Type3 Func Int Form990SchAType3FuncIntGrp

FieldValueIRS element (for citing)
Governmental EntityYes (X)GovernmentalEntityInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePart IV, Section E, line 1cFormAndLineReferenceDesc
ExplanationUSRC 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.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$86,562,275OtherCostOrOtherBasisAmt
Depreciation$19,311,285DepreciationAmt
Book Value$67,250,990BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,284,540OtherCostOrOtherBasisAmt
Depreciation$1,498,944DepreciationAmt
Book Value$785,596BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$68,036,586TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDescBook ValueBookValueAmt
deposits$482,472
BOA deferred commitement fees$35,000
funds held for capital maintenance$1,510,462
deferred rent$31,937,774
FieldValueIRS element (for citing)
Total Book Value Other Assets$33,965,708TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
swap contract$2,418,407
funds held for capital maintenance$1,510,462
FieldValueIRS element (for citing)
Total Liability$3,928,869TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$17,192,925TotalRevEtcAuditedFinclStmtAmt
Other Revenue$41,856OtherRevenueAmt
Revenue Not Reported$41,856RevenueNotReportedAmt
Revenue Subtotal$17,151,069RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$17,151,069TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$9,262,317TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$9,262,317ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$9,262,317TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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, 2016, 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 LOSS ON INTEREST RATE SWAP 41,856.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 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
Beverley K Swaim-Staley
President & CEO$245,000$0$0$0$0$0$36,750$0$0$0$281,750$0$0$0
Nzinga Baker
VP & Director, Finance & Administrat$127,095$0$0$0$0$0$16,738$0$24,405$0$168,238$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VISECTION A, LINE 9 Mr. Victor Mendez, Chairman Deputy Secretary U.S. Department of Transportation Office of the Secretary 1200 New Jersey Ave, SE Washington, DC 20590 victor.mendez@dot.gov 202-366-2222 Mr. Stephen Gardner, Vice Chairman Vice President, NEC IID National Railroad Passenger Corporation 60 Massachusetts Avenue, NE Washington, DC 20002 stephen.gardner@amtrak.com 215-349-1467 Mr. Leif Dormsjo Director District Department of Transportation 55 M St SE Suite 400 Washington, DC 20003 leif.dormsjo@dc.gov 202-673-6813 Mr. Emeka Moneme Deputy Executive Director Federal City Council 1156 15th Street, NW Suite 600 Washington, DC 20005-2706 emoneme@federalcitycouncil.org (202) 223-4560 Mr. Dana Gresham Assistant Secretary for Governmental Affairs U.S. Department of Transportation 1200 New Jersey Ave, SE Washington, DC 20590 dana.gresham@dot.gov 202-366-4573
Form 990, Part VI, Section A, line 8bThere are no committees with the authority to act on behalf of the governing body.
Form 990, Part VI, Section B, line 11The 990 is reviewed by the Vice President and the President of USRC. It is also distributed to the majority of USRC Board of Directors for their review."
Form 990, Part VI, Section B, line 12cThe 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 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2CTHE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PRIOR YEAR.

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