THE MONTGOMERY RIVERFRONT: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
THE MONTGOMERY RIVERFRONT (EIN 63-1275494)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-11-15
IRS object ID
201603209349318430
Schema version
2015v2.1
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)
Return2016-11-15T22:21:19-06:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN472183161PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MST CPAS & ADVISORS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 807AddressLine1Txt
CityMONTGOMERYCityNm
State AbbreviationALStateAbbreviationCd
ZIP361010807ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN631275494EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE MONTGOMERY RIVERFRONTBusinessNameLine1Txt
Business Name Line2DEVELOPMENT FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlMONTBusinessNameControlTxt
Phone3342352240PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1244 DEXTER AVENUEAddressLine1Txt
CityMONTGOMERYCityNm
State AbbreviationALStateAbbreviationCd
ZIP36104ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLESLIE SANDERSPersonNm
Person TitleCHAIRMANPersonTitleTxt
Phone3342352240PhoneNum
Signature2016-11-15SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOE D THRASHER CPAPreparerPersonNm
PTINP01408985PTIN
Phone8446782727PhoneNum
Preparation2016-11-15PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLESLIE SANDERSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1244 DEXTER AVENUEAddressLine1Txt
CityMONTGOMERYCityNm
State AbbreviationALStateAbbreviationCd
ZIP36104ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$153,488GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2001FormationYr
Legal Domicile StateALLegalDomicileStateCd
Activity Or MissionTO IMPROVE CONDITIONS AND PREVENT FUTURE DETERIORATION IN THE DOWNTOWN AREA OF MONTGOMERY, ALABAMA BY PROMOTING PUBLIC DEVELOPMENTS AND RIVERFRONT REDEVELOPMENT.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$103,488PYContributionsGrantsAmt
CY Contributions Grants$153,488CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$103,488PYTotalRevenueAmt
CY Total Revenue$153,488CYTotalRevenueAmt
CY Grants And Similar Paid$200,000CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$140,378PYOtherExpensesAmt
CY Other Expenses$99,992CYOtherExpensesAmt
PY Total Expenses$140,378PYTotalExpensesAmt
CY Total Expenses$299,992CYTotalExpensesAmt
PY Revenues Less Expenses-$36,890PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$146,504CYRevenuesLessExpensesAmt
Total Assets BOY$461,624TotalAssetsBOYAmt
Total Assets EOY$217,530TotalAssetsEOYAmt
Total Liabilities BOY$190,101TotalLiabilitiesBOYAmt
Total Liabilities EOY$92,511TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$271,523NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$125,019NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO IMPROVE CONDITIONS AND PREVENT FUTURE DETERIORATION IN THE DOWNTOWN AREA OF MONTGOMERY, ALABAMA BY PROMOTING PUBLIC DEVELOPMENTS AND RIVERFRONT REDEVELOPMENTS.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$52,168ExpenseAmt
Revenue$103,488RevenueAmt
DescOWNING THE HARRIOT II RIVERBOAT AND HOLDING AND GUARANTEEING THE RELATED NOTE FOR THE PURPOSE OF SUSTAINING RECREATIONAL ACTIVITIES RELATING TO THE OPERATION OF THE VESSELDesc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$245,949ExpenseAmt
Grant$200,000GrantAmt
Revenue$50,000RevenueAmt
DescFUNDING AND COST SHARING FOR VARIOUS PROJECTS RELATING TO DOWNTOWN AND RIVERFRONT IMPROVEMENT PROJECTS INTENDED TO BENEFIT THE GENERAL PUBLIC INCLUDING: EXPENSES RELATING TO THE ARTPLACE AMERICA GRANT, FUNDING THE FIVE POINTS CULTURAL COMMISSION, EXPENSES RELATING TO PROVIDING PUBLIC WIFI SERVICES IN DOWNTOWN MONTGOMERY, AND EXPENSES RELATING TO THE DEVELOPMENT OF A WHITEWATER RECREATION FACILITY.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$245,949TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$200,000TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$50,000TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$298,117TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonCLAIRE EDWARDSPersonNm
Phone3348323303PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1244 DEXTER AVENUEAddressLine1Txt
CityMONTGOMERYCityNm
State AbbreviationALStateAbbreviationCd
ZIP36104ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (2 entries)

TitleTitleTxtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
LESLIE SANDERS
CHAIRMANYes (X)Yes (X)$0$0$0
JUDGE MARK KENNEDY
PRESIDENTYes (X)Yes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$103,488GovernmentGrantsAmt
All Other Contributions$50,000AllOtherContributionsAmt
Total Contributions$153,488TotalContributionsAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$153,488TotalRevenueColumnAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$200,000TotalAmt
Program Services$200,000ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$1,875TotalAmt
Management And General$1,875ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$5,897TotalAmt
Program Services$5,897ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$46,271TotalAmt
Program Services$46,271ProgramServicesAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
ENGINEERING CONSULTING$22,500$22,500
BROADBAND WIFI$21,216$21,216
GRANT CONSULTING$2,233$2,233

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$299,992TotalAmt
Program Services$298,117ProgramServicesAmt
Management And General$1,875ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$284,253BOYAmt
EOY$86,429EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$707,579LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$576,479LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$177,371BOYAmt
EOY$131,100EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
EOY$1EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$461,624BOYAmt
EOY$217,530EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$190,101BOYAmt
EOY$92,511EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$190,101BOYAmt
EOY$92,511EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$271,523BOYAmt
EOY$125,019EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$271,523BOYAmt
EOY$125,019EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$461,624BOYAmt
EOY$217,530EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$146,504ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$103,488CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$126,488CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$103,487CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$103,488CurrentTaxYearMinus1YearAmt
Current Tax Year$153,488CurrentTaxYearAmt
Total$590,439TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$103,488CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$126,488CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$103,487CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$103,488CurrentTaxYearMinus1YearAmt
Current Tax Year$153,488CurrentTaxYearAmt
Total$590,439TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$590,439PublicSupportTotal170Amt
Total Support$590,439TotalSupportAmt
Public Support CY1701.00000PublicSupportCY170Pct
Public Support PY1701.00000PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$700,000OtherCostOrOtherBasisAmt
Depreciation$568,900DepreciationAmt
Book Value$131,100BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$7,579OtherCostOrOtherBasisAmt
Depreciation$7,579DepreciationAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$131,100TotalBookValueLandBuildingsAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdCash GrantCashGrantAmt
CENTRAL AL COMMUNITY FOUNDATION
35 SOUTH COURT STREET 2ND FLOORMONTGOMERYAL36104$150,000
CITY OF MONTGOMERY
$50,000
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 4DFUNDING AND COST SHARING FOR VARIOUS PROJECTS RELATING TO DOWNTOWN AND RIVERFRONT IMPROVEMENT PROJECTS INTENDED TO BENEFIT THE GENERAL PUBLIC INCLUDING: EXPENSES RELATING TO THE ARTPLACE AMERICA GRANT, FUNDING THE FIVE POINTS CULTURAL COMMISSION, EXPENSES RELATING TO PROVIDING PUBLIC WIFI SERVICES IN DOWNTOWN MONTGOMERY, AND EXPENSES RELATING TO THE DEVELOPMENT OF A WHITEWATER RECREATION FACILITY.
FORM 990, PAGE 6, PART VI, LINE 11BTHE FORM 990 IS PROVIDED TO THE BOARD FOR COMPLETE REVIEW PRIOR TO FILING
FORM 990, PAGE 6, PART VI, LINE 19ALL DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE FOUNDATION'S OFFICE.

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