2013-02-08T16:01:50-06:00 2012-06-30 232628828 SHECHTMAN MARKS DEVOR PC 2000 MARKET STREET SUITE 500 PHILADELPHIA PA 19103 990 2011-07-01 232913784 UNIVERSITY CITY DISTRICT UNIV 2152430555 3940-42 CHESTNUT STREET PHILADELPHIA PA 19104 MATTHEW BERGHEISER 2152430555 2013-02-08 1 MICHAEL SUTTER CPA P01400284 2154969200 2011 2016-02-25 16:41:14Z MATTHEW BERGHEISER 3490 CHESTNUT STREET PHILADELPHIA PA 19104 8333318 0 X WWW.UNIVERSITYCITY.ORG X 1997 PA TO FOSTER A VIBRANT, COMPETITIVE UNIVERSITY CITY. 24 24 17 0 0 0 4715520 6111099 1714255 2180524 11109 38926 0 0 6440884 8330549 0 0 0 0 1106144 1273141 0 0 134019 5220067 5978206 6326211 7251347 114673 1079202 4385262 5271959 580012 559026 3805250 4712933 X THE ORGANIZATION WORKS TO MAKE UNIVERSITY CITY MORE VIBRANT AND COMPETITIVE BY IMPROVING QUALITY OF LIFE, MARKETING AND PROMOTING THE NEIGHBORHOOD, UNDERTAKING COMMERCIAL AND PUBLIC SPACE REVITILIZATION EFFORTS, AND CONNECTING RESIDENTS TO ECONOMIC OPPORTUNITY. 0 0 3661275 964889 CLEAN AND SAFE - UNIVERSITY CITY DISTRICT'S SEVEN-DAY-A-WEEK TEAM OF MORE THAN 100 AMBASSADORS AND MAINTENANCE WORKERS HELP TO SET THE FOUNDATION FOR A CLEAN, SAFE, WELCOMING AND VIBRANT UNIVERSITY CITY DISTRICT FOR TENS OF THOUSANDS OF RESIDENTS, EMPLOYEES, STUDENTS AND VISITORS. THEY SERVE AS A HIGHLY VISIBLE DETERRENT TO CRIME, PROVIDING ADDITIONAL EYES AND EARS ON THE STREET FOR POLICE AND SECURITY PATROLS. THEY ALSO WORK TO ELIMINATE GRAFFITI AND SUPPLEMENT TRASH REMOVAL ON UNIVERSITY CITY SIDEWALKS. APPROXIMATELY 50,000 PEOPLE, 50 ORGANIZATIONS AND 150 BUSINESSES BENEFIT FROM THE PROGRAM. 576789 56950 MARKETING - UNIVERSITY CITY DISTRICT STAFF PROMOTE THE NEIGHBORHOOD AS A VIBRANT DESTINATION, RUNNING OUTDOOR EVENTS, ORGANIZING RETAIL AND RESTAURANT PROMOTIONS, AND DRIVING PEDESTRIAN TRAFFIC TO UNIVERSITY CITY'S COMMERCIAL CORRIDORS. APPROXIMATELY 50,000 PEOPLE, 50 ORGANIZATIONS AND 150 BUSINESSES BENEFIT FROM THE PROGRAM. 1868172 1165966 ECONOMIC DEVELOPMENT - UNIVERSITY CITY DISTRICT PLANS AND IMPLEMENTS PUBLIC SPACE IMPROVEMENTS AND CAPITAL INVESTMENTS TO PROMOTE THE COMMERCIAL AND RESIDENTIAL VIBRANCY OF THE NEIGHBORHOOD. THE DISTRICT'S FOCUS ON RETAIL ATTRACTION AND SUPPORT ADDS TO THE COMMERCIAL LANDSCAPE OF UNIVERSITY CITY. IN ADDITION, THE DISTRICT ORGANIZES ITS INSTITUTIONAL AND BUSINESS PARTNERS AROUND SHARED SERVICES, MOST NOTABLY LUCY (LOOP THROUGH UNIVERSITY CITY). LUCY IS A MINI-TRANSIT SYSTEM, OPERATED BY SEPTA, THAT PROVIDES A CRITICAL LINK BETWEEN PHILADELPHIA'S TRANSPORTATION HUB AT 30TH STREET STATION AND UNIVERSITY CITY'S LARGEST EMPLOYERS. APPROXIMATELY 50,000 PEOPLE, 50 ORGANIZATIONS AND 150 BUSINESSES BENEFIT FROM THE PROGRAM. 442473 5232 SKILLS INITIATIVE - LAUNCHED IN 2009, THE DISTRICT'S WEST PHILADELPHIA SKILLS INITIATIVE PROGRAM BUILDS ON THE INSTITUTIONAL PARTNERSHIP AT THE CORE OF THE DISTRICT'S OPERATIONS, AND CREATES PROGRAMS TO CONNECT WEST PHILADELPHIA RESIDENTS TO ENTRY LEVEL, HIGH PRIORITY JOBS AT THE HEALTH SYSTEMS AND UNIVERSITIES IN THE DISTRICT. THE SKILLS INITIATIVE ENCOMPASSES A SUMMER JOBS PROGRAM, A HEALTH CARE APPRENTICESHIP INITIATIVE FOR YOUNG ADULTS AND VARIOUS PIPELINE PROGRAMS FOR CAREER OPPORTUNITIES. APPROXIMATELY 50,000 PEOPLE, 50 ORGANIZATIONS AND 150 BUSINESSES BENEFIT FROM THE PROGRAM. 442473 5232 6548709 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 17 1 0 0 0 0 0 0 0 0 0 0 0 0 X 24 24 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 PA X X MATT BERGHEISER EXECUTIVE DIRECTOR 2152430555 3940-42 CHESTNUT STREET PHILADELPHIA PA 19104 CRAIG CARNAROLI 2.00 X 0 0 0 JAMES R TUCKER 2.00 X 0 0 0 DAVID J ADELMAN 2.00 X 0 0 0 JOSEPH TRAINOR 2.00 X 0 0 0 MAUREEN RUSH 2.00 X 0 0 0 MADELINE BELL 1.00 X 0 0 0 DOROTHY WELCH BERLIND 1.00 X 0 0 0 DELLA CLARK 1.00 X 0 0 0 BARRY GROSSBACH 1.00 X 0 0 0 CURTIS M HESS 1.00 X 0 0 0 LINDSAY JOHNSTON 1.00 X 0 0 0 MICHAEL JONES 1.00 X 0 0 0 DANIEL LIBERATOSCIOLI 1.00 X 0 0 0 DONALD E MELNICK 1.00 X 0 0 0 MARK MENDENHALL 1.00 X 0 0 0 CHRISTOPHER D MONTELLO 1.00 X 0 0 0 BRAD PAUL 1.00 X 0 0 0 SUSAN E PHILLIPS 1.00 X 0 0 0 ANTHONY S RIMIKIS 1.00 X 0 0 0 WILLIAM SCHWARTZ 1.00 X 0 0 0 NELSON SHAFFER 1.00 X 0 0 0 DOUGLAS R SMITH 1.00 X 0 0 0 TANYA STEINBERG 1.00 X 0 0 0 EARL WILLIAMS 1.00 X 0 0 0 MATTHEW BERGHEISER 40.00 X 173783 0 25039 173783 0 25039 1 0 1 0 0 6111099 6111099 LUCY INCOME 485000 1165966 1165966 PUBLIC SAFETY 900099 912872 912872 GENERAL SERVICES 900099 39003 39003 MARKETING PROGRAM 900099 30450 30450 DINING DAYS 900099 26500 26500 5733 5733 2180524 26413 26413 15282 2769 12513 12513 12513 8330549 2193037 0 26413 214471 188733 15014 10724 846467 528016 238828 79623 16444 6537 7864 2043 116901 83535 21816 11550 78858 55412 16742 6704 5828 5828 60878 60878 58130 53201 4929 97559 93885 3674 92009 92009 SAFETY AND MAINTENANCE 3292962 3292962 LUCY PROGRAM 1151364 1151364 EVENTS 277964 277964 WORKFORCE INITIATIVE 255280 255280 686232 555992 111794 18446 7251347 6548709 568619 134019 600 600 2485600 2370291 875665 1569988 523878 443910 50164 2510478 2116490 139023 393988 267560 345426 92936 97592 4385262 5271959 578926 557940 1086 1086 580012 559026 X 2478563 2578961 1326687 2133972 3805250 4712933 4385262 5271959 X 1079202 -171520 X 0 1 1 X 0 X 4846937 4261462 5009218 4715520 6111099 24944236 1207686 1283436 1204437 1701038 2174791 7571388 6054623 5544898 6213655 6416558 8285890 32515624 0 0 0 32515624 50693 41662 22865 11109 26413 152742 50693 41662 22865 11109 26413 152742 5078 1102 26816 13217 18246 64459 6110394 5587662 6263336 6440884 8330549 32732825 0.99340 0.99210 0.00470 0.00620 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 353107 60000 12984 0 426091 242841 60000 51044 778 353107 157974 60000 27886 3019 242841 177588 15000 -34614 157974 0.81000 0.19000 1 0 1913640 1855586 58054 222462 184305 38157 374376 76599 297777 393988 CIF SHORT DURATION BOND FUND 345426 F 345426 DEFERRED REVENUE 1086 1086 8330549 7251347 1079202 -171520 -171520 907682 8508292 3481 174262 177743 8330549 0 8330549 7600609 349262 349262 7251347 0 7251347 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE TERM ENDOWMENT IS TO BE USED TO BENEFIT CLARK PARK. THE QUASI-ENDOWMENT WAS ESTABLISHED BY THE BOARD AS A RESERVE FOR THE FURTHERANCE OF THE ORGANIZATION'S MISSION. PART XI, LINE 8 - OTHER ADJUSTMENTS: UNREALIZED LOSS ON INVESTMENT HELD BY THIRD PARTY -4,882. UNREALIZED GAINS 8,362. DONATED RENT EXPENSES IN CURRENT YEAR -175,000. TOTAL TO SCHEDULE D, PART XI, LINE 8: -171,520. PART XI LINE 8: UNREALIZED LOSS ON INVESTMENT BY THIRD PARTY $(4,882) UNREALIZED GAIN 8,363 DONATED RENT IN CURRENT YEAR (175,000) TOTAL OTHER ADJUSTMENTS (171,519) PART XII, LINE 2D DIRECT EXPENSES FOR FUNDRAISER PART X, FIN 48 FOOTNOTE: UNCERTAIN TAX POSITIONS: MANAGEMENT OF THE DISTRICT CONSIDERS THE LIKELIHOOD OF CHANGES BY TAXING AUTHORITIES IN ITS FILED INCOME TAX RETURNS AND RECOGNIZES A LIABILITY FOR OR DISCLOSES POTENTIAL SIGNIFICANT CHANGES THAT MANAGEMENT BELIEVES ARE MORE LIKELY THAN NOT TO OCCUR UPON EXAMINATION BY TAX AUTHORITIES, INCLUDING CHANGES TO THE DISTRICT'S STATUS AS A NOT-FOR-PROFIT ENTITY. MANAGEMENT BELIEVES THE DISTRICT MET THE REQUIREMENTS TO MAINTAIN ITS TAX-EXEMPT STATUS AND HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS SUBJECT TO THE UNRELATED BUSINESS INCOME TAX THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE DISTRICT'S INCOME TAX RETURNS FOR THE PAST THREE YEARS ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES, AND MAY CHANGE UPON EXAMINATION. X X X 0 0 0 0 0 0 0 0 0 MATTHEW BERGHEISER 150533 0 23250 0 0 0 6297 0 18742 0 198822 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 MAUREEN RUSH, A VICE-PRESIDENT AT THE UNIVERSITY OF PENNSYLVANIA, REPORTS TO CRAIG CARNAROLI, THE EXECUTIVE VICE-PRESIDENT AT THE UNIVERSITY OF PENNSYLVANIA. THE BOARD'S SHARED COLLABORATIVE NATURE HAS PROVIDED THE FOUNDATION FOR UCD'S CREATION. THIS SAME SHARED VISION FOR COLLABORATION AND INNOVATION HAS ALLOWED THE BOARD MEMBERS TO PARTNER WITH EACH OTHER IN THE AREAS OF EDUCATION, RESEARCH, HEALTH CARE AND DEVELOPMENT. FORM 990, PART VI, SECTION B, LINE 11 THE AUDITOR SUBMITS A DRAFT 990 TO THE EXECUTIVE DIRECTOR AND TREASURER FOR REVIEW. THEY WILL, IN TURN, PROVIDE A COPY TO THE EXECUTIVE/FINANCE COMMITTEE FOR THEIR REVIEW. QUESTIONS AND COMMENTS FROM THEIR REVIEW WILL BE FORWARDED TO THE TREASURER. THE TREASURER WILL CONVEY THESE QUESTIONS AND COMMENTS TO THE AUDITORS. THE TREASURER WILL REPORT BACK TO THE EXECUTIVE/FINANCE COMMITTEE WITH THE AUDITOR'S COMMENTS. AT THAT TIME THE EXECUTIVE/FINANCE COMMITTEE WILL EITHER APPROVE THE DRAFT OR CONTACT THE AUDITOR WITH ADDITIONAL COMMENTS. AFTER THE EXECUTIVE/FINANCE COMMITTEE APPROVES THE DRAFT 990, THE BOARD WILL BE NOTIFIED BY EMAIL THAT THE DRAFT HAS BEEN REVIEWED BY THE EXECUTIVE/FINANCE COMMITTEE AND HAS BEEN ACCEPTED BY THEM AND A COPY OF THE DRAFT 990 WILL BE ATTACHED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REMINDED TO REPORT THE POTENTIAL OF A CONFLICT OF INTEREST AT BOARD MEETINGS, AT WHICH TIME IT WOULD BE DISCUSSED AMONG THE BOARD. SHOULD A CONFLICT BE DECLARED, THE CONFLICTED MEMBER WOULD RECUSE HIMSELF OR HERSELF IN ACCORDANCE WITH THE CORPORATE POLICY. FORM 990, PART VI, SECTION B, LINE 15A A COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF THE UNIVERSITY CITY DISTRICT REVIEWS THE PERFORMANCE OF THE EXECUTIVE DIRECTOR, AND SETS COMPENSATION. THE COMMITTEE CONSISTS OF THE BOARD CHAIRMAN, VICE CHAIRMAN AND TREASURER. COMPENSATION IS BENCHMARKED THROUGH THE INTERNATIONAL DOWNTOWN ASSOCIATION'S COMPENSATION SURVEY. THE EXECUTIVE DIRECTOR IS THE ONLY EMPLOYEE SUBJECT TO THIS REVIEW PROCESS. THE LAST TIME THIS PROCESS WAS CONDUCTED WAS IN JUNE 2012. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICIES ARE AVAILABLE TO THE PUBLIC UPON REQUEST THROUGH THE ORGANIZATION'S WEBSITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: UNREALIZED LOSS ON INVESTMENT HELD BY THIRD PARTY -4,882. UNREALIZED GAINS 8,362. DONATED RENT EXPENSES IN CURRENT YEAR -175,000. TOTAL TO FORM 990, PART XI, LINE 5: -171,520.