DOWNTOWN PHOENIX INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
DOWNTOWN PHOENIX INC (EIN 46-2139928)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-11-16
IRS object ID
201543209349302889
Schema version
2014v5.0
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)
Return2015-11-16T09:27:53-06:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN341884125PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CBIZ MHM LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13101 N CENTRAL AVE STE 300AddressLine1Txt
CityPHOENIXCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85012ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN462139928EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DOWNTOWN PHOENIX INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlDOWNBusinessNameControlTxt
Phone6022548696PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1101 NORTH 1ST AVE NO 1450AddressLine1Txt
CityPHOENIXCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85003ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDAVID KRIETORPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6027446403PhoneNum
Signature2015-11-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDENISE K FOSHEPreparerPersonNm
PTINP01247369PTIN
Phone6022646835PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-04-25 22:37:26ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDAVID KRIETORPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1101 NORTH 1ST AVE NO 1450AddressLine1Txt
CityPHOENIXCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85003ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$563,753GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.DOWNTOWNPHOENIX.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2012FormationYr
Legal Domicile StateAZLegalDomicileStateCd
Activity Or MissionSUPPORT THE ECONOMIC & CULTURAL VITALITY OF THE PHOENIX DOWNTOWN COMMUNITY & SURROUNDING AREASActivityOrMissionDesc
Voting Members Governing Body16VotingMembersGoverningBodyCnt
Voting Members Independent16VotingMembersIndependentCnt
Total Employee1TotalEmployeeCnt
Total Volunteers16TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$228,000PYContributionsGrantsAmt
CY Contributions Grants$438,825CYContributionsGrantsAmt
PY Program Service Revenue$50,000PYProgramServiceRevenueAmt
CY Program Service Revenue$124,928CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$278,000PYTotalRevenueAmt
CY Total Revenue$563,753CYTotalRevenueAmt
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$122,785PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$159,395CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$127,427PYOtherExpensesAmt
CY Other Expenses$242,089CYOtherExpensesAmt
PY Total Expenses$250,212PYTotalExpensesAmt
CY Total Expenses$401,484CYTotalExpensesAmt
PY Revenues Less Expenses$27,788PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$162,269CYRevenuesLessExpensesAmt
Total Assets BOY$58,211TotalAssetsBOYAmt
Total Assets EOY$196,340TotalAssetsEOYAmt
Total Liabilities BOY$30,423TotalLiabilitiesBOYAmt
Total Liabilities EOY$6,283TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$27,788NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$190,057NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSUPPORT THE ECONOMIC & CULTURAL VITALITY OF THE PHOENIX DOWNTOWN COMMUNITY & SURROUNDING AREAS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescIN ADDITION TO PROVIDING LEADERSHIP, COORDINATION AND OPERATIONAL EFFICIENCIES, DOWNTOWN PHOENIX INC. (DPI) WILL MAXIMIZE THE STRONG POINTS OF EXISTING DOWNTOWN ORIENTED NOT FOR PROFITS AND ASSIST IN THE CREATION OF OTHERS AS DEEMED NECESSARY TO FURTHER ITS OBJECTIVES. SPECIFIC DPI ACTIVITIES WILL BE:-TO PROVIDE OVERSIGHT AND COORDINATION FUNCTIONS FOR OTHER DOWNTOWN NOT-FOR-PROFITS. THIS ACTIVITY WILL BE PERFORMED BY THE DPI CEO, PART TIME ADMINISTRATIVE ASSISTANT AND PART TIME CONTROLLER. THESE FUNCTIONS WILL ACCOUNT FOR APPROXIMATELY 30% OF THE ORGANIZATION'S TIME. -TO PROMOTE THE POSITIVE ATTRIBUTES OF DOWNTOWN PHOENIX TO THE GENERAL PUBLIC. THIS ACTIVITY WILL BE PERFORMED BY THE DPI CEO AND STAFF FROM AFFILIATE ORGANIZATIONS. THIS WILL ACCOUNT FOR APPROXIMATELY 25% OF THE ORGANIZATION'S TIME. -TO ADVOCATE FOR DEVELOPMENT INITIATIVES THAT IMPROVE THE PHYSICAL APPEARANCE OF DOWNTOWN AND CONTRIBUTE TO DOWNTOWN'S ECONOMIC VITALITY. THIS ACTIVITY WILL BE PERFORMED BY THE DPI CEO AND STAFF FROM AFFILIATE ORGANIZATIONS AND WILL ACCOUNT FOR APPROXIMATELY 15% OF THE ORGANIZATION'S TIME. -TO ADVOCATE FOR NEIGHBORHOOD, ARTS, AND THE COMMUNITY INITIATIVES AND PROJECTS THAT IMPROVE THE DOWNTOWN QUALITY OF LIFE. THIS WILL BE PERFORMED BY THE DPI CEO AND STAFF FROM AFFILIATE ORGANIZATIONS AND WILL ACCOUNT FOR APPROXIMATELY 15% OF THE ORGANIZATION'S TIME. -TO PROMOTE AND/OR SUPPORT SPECIAL EVENTS AND FESTIVALS THAT ENHANCE THE DOWNTOWN QUALITY OF LIFE. THIS ACTIVITY WILL BE PERFORMED BY THE DPI CEO AND STAFF FROM AFFILIATE ORGANIZATIONS AND WILL ACCOUNT FOR APPROXIMATELY 15% OF THE ORGANIZATION'S TIME.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
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 Required0ScheduleJRequiredInd
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 EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document18IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee1EmployeeCnt
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 Members16GoverningBodyVotingMembersCnt
Independent Voting Member16IndependentVotingMemberCnt
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 Prsn0AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc0RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldAZStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MS JESSYCA HIPSKINDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6027446403PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1101 N 1ST AVE SUITE 1450AddressLine1Txt
CityPHOENIXCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85003ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
RON BUTLER
DIRECTOR0.501.00Yes (X)$0$0$0
MO STEIN
DIRECTOR0.50Yes (X)$0$0$0
DERRICK HALL
DIRECTOR0.50Yes (X)$0$0$0
TIM EIGO
DIRECTOR0.50Yes (X)$0$0$0
CINDY DACH
DIRECTOR0.50Yes (X)$0$0$0
DONALD E BRANDT
CHAIR0.50Yes (X)$0$0$0Yes (X)
JERI JONES
VICE CHAIR0.50Yes (X)$0$0$0Yes (X)
MAYOR GREG STANTON
DIRECTOR0.50Yes (X)$0$0$0
JASON ROWLEY
DIRECTOR0.50Yes (X)$0$0$0
KIMBER LANNING
DIRECTOR0.50Yes (X)$0$0$0
STEVE MOORE
DIRECTOR0.50Yes (X)$0$0$0
ED ZITO
TREASURER0.50Yes (X)$0$0$0Yes (X)
MIKE EBERT
SECRETARY0.50Yes (X)$0$0$0Yes (X)
ERLINDA TORRES
DIRECTOR0.501.00Yes (X)$0$0$0
KEN VAN WINKLE JR
DIRECTOR0.50Yes (X)$0$0$0
ED ZUERCHER
DIRECTOR0.50Yes (X)$0$0$0
DAVID KRIETOR
PRESIDENT/CEO40.00$20,757$103,785$6,195Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$20,757TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$103,785TotReportableCompRltdOrgAmt
Total Other Compensation$6,195TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$438,825AllOtherContributionsAmt
Total Contributions$438,825TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
FEES FOR SERVICE900099$117,928$117,928
EVENT INCOME900099$7,000$7,000
FieldValueIRS element (for citing)
Total Program Service Revenue$124,928TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$563,753TotalRevenueColumnAmt
Related Or Exempt Func Income$124,928RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$124,542TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$18,116TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$6,195TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$10,542TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$20,660TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$116TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$157,424TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,353TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$8,305TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,039TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
SHARED SERVICES$51,000
PAYROLL FEES$1,582
BANK SERVICE CHARGES$525
DUES & SUBSCRIPTIONS$10

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$75TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$401,484TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$47,339BOYAmt
EOY$76,584EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$9,833BOYAmt
EOY$119,756EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,039BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$58,211BOYAmt
EOY$196,340EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$30,423BOYAmt
EOY$6,283EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$30,423BOYAmt
EOY$6,283EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$27,788BOYAmt
EOY$190,057EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$27,788BOYAmt
EOY$190,057EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$58,211BOYAmt
EOY$196,340EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$162,269ReconcilationRevenueExpnssAmt
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)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

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

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$3,970,757TotalRevEtcAuditedFinclStmtAmt
Other Revenue$3,458,004OtherRevenueAmt
Revenue Not Reported$3,458,004RevenueNotReportedAmt
Revenue Subtotal$512,753RevenueSubtotalAmt
Other Revenues Not Included$51,000OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$51,000RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$563,753TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,807,895TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$3,457,411OtherExpensesIncludedAmt
Expenses Not Reported$3,457,411ExpensesNotReportedAmt
Expenses Subtotal$350,484ExpensesSubtotalAmt
Other Expenses Not Included$51,000OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$51,000ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$401,484TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE ORGANIZATION EVALUATES THEIR UNCERTAIN TAX POSITIONS, IF ANY, ON A CONTINUAL BASIS THROUGH REVIEW OF THEIR POLICIES AND PROCEDURES, REVIEW OF THEIR REGULAR TAX FILINGS, AND DISCUSSIONS WITH OUTSIDE EXPERTS. AS OF DECEMBER 31, 2014 MANAGEMENT DOES NOT BELIEVE ANY UNCERTAIN TAX POSITIONS EXISTS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:RELATED ORGANIZATIONS REVENUES 3,458,004.
PART XI, LINE 4B - OTHER ADJUSTMENTS:RELATED ORGANIZATIONS ELIMINATIONS 51,000.
PART XII, LINE 2D - OTHER ADJUSTMENTS:RELATED ORGANIZATIONS EXPENSES 3,457,411.
PART XII, LINE 4B - OTHER ADJUSTMENTS:RELATED ORGANIZATIONS ELIMINATIONS 51,000.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART V, LINE 2B:THE ORGANIZATION DID NOT HAVE ANY EMPLOYEES UNTIL OCTOBER OF 2014. THE PRESIDENT/CEO WAS PAID BY A RELATED ORGANIZATION, DOWNTOWN PHOENIX PARTNERSHIP, FOR THE FIRST TEN MONTHS OF THE YEAR. THE COMPENSATION WAS THEN REIMBURSED BY THE ORGANIZATION. AFTER OCTOBER, THE PRESIDENT/CEO WAS PAID BY THE ORGANIZATION FOR THE REMAINDER OF THE YEAR. THESE WAGES ARE INCLUDED ON FORM 990, PART IX, LINE 5.
FORM 990, PART VI, SECTION B, LINE 11THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND IS REVIEWED BY PRESIDENT/CEO PRIOR TO BEING FILED. THE BOARD WILL REVIEW AT THE NEXT BOARD MEETING AFTER FILING.
FORM 990, PART VI, SECTION B, LINE 12DOWNTOWN PHOENIX, INC. HAS FORMALLY ADOPTED THE CONFLICT OF INTEREST POLICY OF DOWNTOWN PHOENIX PARTNERSHIP, INC., A RELATED ORGANIZATION. EACH DIRECTOR IS ASKED TO CAREFULLY REVIEW THE POLICY AND SIGN A STATEMENT ACKNOWLEDGING ITS EXISTENCE AND AGREEING TO BE BOUND BY ITS TERMS. ANY DIRECTOR, OFFICER OR EMPLOYEE OF THE DOWNTOWN PHOENIX PARTNERSHIP WHO HAS, OR WHOSE RELATIVE HAS, A SUBSTANTIAL INTEREST IN OR REPRESENTS A COMPANY OR ORGANIZATION THAT DIRECTLY BENEFITS FROM ANY CONTRACT, SALE, PURCHASE OR SERVICE TO THE DOWNTOWN PHOENIX PARTNERSHIP SHALL MAKE KNOWN THAT INTEREST IN ADVANCE IN THE OFFICIAL RECORDS OF THE DOWNTOWN PHOENIX PARTNERSHIP AND SHALL REFRAIN FROM VOTING UPON OR OTHERWISE PARTICIPATING IN SUCH TRANSACTION.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S ARTICLES OF INCORPORATION, BY-LAWS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndPublic Charity StatusPublicCharityStatusTxt
DOWNTOWN PHOENIX COMMUNITY DEVELOPMENT
101 N 1ST AVE SUITE 1450PHOENIXAZ85003861027337COMMUNITY DEVELOPMENT PROJECTSAZ501(C)(4)DOWNTOWN PHOENIX PARTNERSHIP0
DOWNTOWN PHOENIX PARTNERSHIP INC
101 N 1ST AVE SUITE 1450PHOENIXAZ85003860673650COMMUNITY DEVELOPMENT PROJECTSAZ501(C)(3)0LINE 7
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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