2013-05-09T10:20:13-05:00 2012-09-30 ARONSON LLC 805 KING FARM BLVD 3RD FLOOR ROCKVILLE MD 20850 990 2011-10-01 270919952 Canal Park Inc % TERRY BEAUFORD TREASURER CANA 2023711220 1100 NEW JERSEY AVE SE WASHINGTON DC 20003 w christopher smith jr 2023711220 2013-05-07 true Jeffery Capron CPA 3012316200 2011 2016-02-25 16:41:14Z 906924 false X www.canalparkdc.org X 2009 DC TO SUPPORT the EXEMPT PURPOSE OF CANAL PARK DEVELOPMENT association, inc. 11 11 0 0 146666 867861 0 0 64206 39063 0 0 210872 906924 0 0 0 0 0 138524 0 0 0 0 -117781 0 20743 210872 886181 25417683 29111843 25206811 18146604 210872 10965239 X TO SUPPORT THE EXEMPT PURPOSE OF CANAL PARK DEVELOPMENT ASSOCIATION, INC. true true 20743 CONSTRUCTION OF PUBLIC PARK. COSTS TO DESIGN AND BUILD THE PUBLIC PARK ARE CAPITALIZED. 20743 true true false false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false false false false false true false false false false false true false false false false true 5 0 true 0 false false false false false false false false false false X 11 11 true false false false false false false true true false false false false false false true true false X TERRY BEAUFORD TREASURER 2023711220 1100 NEW JERSEY AVE SE SUITE 100 WASHINGTON DC 20003 X W CHRISTOPHER SMITH JR 0.5 X X 0 0 0 BRADLEY FENNELL 0.5 X X 0 0 0 TERRY BEAUFORD 0.5 X X 0 0 0 STEVE GREEN 0.5 X 0 0 0 MICHAEL STEVENS 0.5 X 0 0 0 BARBARA WAHLE 0.5 X 0 0 0 ANDREW MCINTYRE 0.5 X 0 0 0 ADRIANNE TODMAN 0.5 X 0 0 0 ROSE OLIPHANT 0.5 X 0 0 0 TOMMY WELLS 0.5 X 0 0 0 JOHN IMPERATO 0.5 X 0 0 0 CHRISTOPHER VANARSDALE 39.0 X 131923 0 6601 131923 0 6601 1 false false false DAVIS CONSTRUCTION 12530 PARKLAWN DRIVE ROCKVILLE MD 20852 GENERAL CONTRACTOR 11625944 ECS MID-ATLANTIC 14026 THUNDERBOLT PLACE CHANTILLY VA 20151 INSPECTION 137240 OLIN PARTNERSHIP 150 SOUTH INDEPENDENCE MALL WEST 1 PHILADELPHIA PA 19106 ARCHITECT 420185 PEPCO 3400 BENING ROAD NE BLDG 59 WASHINGTON DC 20019 CABLE WORK 136494 4 867861 867861 0 39063 39063 0 0 0 0 0 0 0 906924 0 39063 0 0 0 0 138524 138524 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 OPERATING EXPENSES 20743 20743 EXP CRGD TO CONSTR IN PROGRESS -138524 -138524 20743 20743 0 0 103825 128998 16232653 5362265 0 0 0 0 0 0 0 0 0 0 0 0 2587 0 0 0 0 0 0 0 0 0 0 9078618 23620580 25417683 29111843 1833672 4146066 0 0 0 0 0 0 0 0 0 0 23307015 13365000 0 0 66124 635538 25206811 18146604 X 210872 10965239 0 0 0 0 210872 10965239 25417683 29111843 X 886181 9868186 X true false true X false X X X X false false false CANAL PARK DEVELOPMENT ASSOCIATION INC 030506964 07 true true true 20743 1 20743 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED CONSTRUCTION IN PROGRESS 23570856 DUE FROM SUPPORTED ORGNIZATION 49724 23620580 0 SECURITY DEPOSITS 22167 DUE TO SUPPORTED ORGANIZATION 613371 635538 financial note in regard to fin 48 (asc 740) Part X line 2 The Organization evaluates uncertainty in income tax positions based on a more-likely-than-not recognition standard. If that threshold is met, the tax position is then measured at the largest amount that is greater than 50% likely of being realized upon ultimate settlement. As of September 30, 2012, there are no accruals for uncertain tax positions. If applicable, the Organization records interest and penalties as a component of income tax expense. Tax years from 2009 through the current year remain open for examination by tax authorities. WILLIAM C SMITH CO INC SEE SUPPLEMENTAL INFO 297936 OVERHEAD false SCHEDULE L PART IV THE ORGANIZATION'S PRESIDENT IS A MAJORITY OWNER OF WILLIAM C. SMITH & CO. INC. and two other board members are employees of the same company. FORM 990, PART VI, SECTION A, #2 THE ORGANIZATION'S PRESIDENT IS AN OFFICER AND MAJORITY SHAREHOLDER OF WILLIAM C. SMITH & CO., A WASHINGTON, D.C. PROPERTY MANAGEMENT COMPANY, WHERE THE ORGANIZATION'S SECRETARY AND TREASURER ARE ALSO AFFILIATED AS OFFICERS. THE ORGANIZATION'S OFFICERS ARE NOT COMPENSATED BY CANAL PARK, INC. OR BY ITS SUPPORTED ORGANIZATION, CANAL PARK DEVELOPMENT ASSOCIATION, INC. FORM 990, PART VI, SECTION B, #11 REVIEW PROCESS FOR THE ENTITY'S FORM 990: THE ORGANIZATION'S FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY ITS OFFICERS BEFORE FILING. FORM 990, PART VI, SECTION C, #19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART III, #2 & #3 AS PART OF A FINANCING AGREEMENT, THE ORGANIZATION ACQUIRED THE RIGHTS AND OBLIGATIONS OF ITS SUPPORTED ORGANIZATION, CANAL PARK DEVELOPMENT ASSOCIATION, INC, TO USE, DEVELOP AND CONSTRUCT IMPROVEMENTS OF A PUBLIC PARK IN SOUTHEAST WASHINGTON, DC, KNOWN AS CANAL PARK. other changes in net assets part xi line 5 prior period adjustment: reorganization with supported organization; $9,868,186. this adjustment was between two 501(c)(3) organizations, a parent and it's type i supporting organization. form 990, part vi, line 15a and 15b process for determining compensation for executive director based on salary benchmark and final determination by the board of directors. HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:CHRISTOPHER VANARSDALE TITLE:EXECUTIVE DIRECTOR HOURS:1 CANAL PARK DEVELOPMENT ASSOCIATION INC 1100 NEW JERSEY AVE SE 1000 WASHINGTON DC 20003 030506964 PUBLIC PARK DC 501(C)(3) 7 NA false false false false false true false false false false false false false false true false false false true canal park development association inc e 13365000 fmv canal park development association inc r 49724 fmv