2012-04-13T11:29:57-05:00 2011-09-30 WEAVER AND TIDWELL LLP 2821 W 7TH STREET SUITE 700 FORT WORTH TX 76107 990 2010-10-01 752277821 DOWNTOWN FORT WORTH INITIATIVES INC DOWN 8178701692 777 TAYLOR STREET NO 100 FORT WORTH TX 76102 ANDREW TAFT 8178701692 2012-04-07 1 DANIEL M STEWART 8173327905 2010 2016-02-24 21:20:13Z ANDREW TAFT 777 TAYLOR STREET NO 100 FORT WORTH TX 76102 4627831 0 X WWW.MSFWAF.ORG X 1988 TX DOWNTOWN FORT WORTH INITIATIVES, INC. RECEIVES FUNDS TO BE USED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES THAT HELP TO FOSTER, PROMOTE, MAINTAIN, AND ENCOURAGE THE CIVIC, SOCIAL, AND GENERAL WELFARE FOR THE CITY OF FORT WORTH. 53 47 0 50 5585 4086 771863 811534 2307150 3778391 5972 7757 4650 5585 3089635 4603267 0 0 0 0 0 0 235699 265069 265069 3868383 3279676 4104082 3544745 -1014447 1058522 6360036 7774704 1566018 1927749 4794018 5846955 X DOWNTOWN FORT WORTH INITIATIVES, INC. RECEIVES FUNDS TO BE USED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES THAT HELP TO FOSTER, PROMOTE, MAINTAIN, AND ENCOURAGE THE CIVIC, SOCIAL, AND GENERAL WELFARE FOR THE CITY OF FORT WORTH. 0 0 2349893 1653398 FESTIVALS AND EVENTS IN THE DOWNTOWN FORT WORTH ARE TO SHOWCASE AND PROMOTE THE DOWNTOWN FORT WORTH COMMUNITY. 328470 1845379 THE ORGANIZATION IS PROVIDING ADMINISTRATIVE SERVICES FOR LANDSCAPING, UPKEEP, MAINTENANCE AND RENOVATION FOR THE BURNETT PARK, A DOWNTOWN FORT WORTH PUBLIC PARK, BY CONTRACT WITH THE BURNETT FOUNDATION. 370214 370255 THE ORGANIZATION ADMINISTERS FOR TIF #3 THE SANTA FE FREIGHT HOUSE LEASE. THIS BUILDING IS SUBLEASED TO THREE DIFFERENT TENANTS AND THE ORGANIZATION PROVIDES UPKEEP AND MAINTENANCE TO THIS BUILDING. 20298 23780 PARTICIPATES IN HOUSING PROJECTS ESTABLISHED TO PROVIDE LOW-MODERATE INCOME HOUSING IN DOWNTOWN FORT WORTH AND OTHER CHARITABLE PURPOSES. 20298 23780 3068875 1 1 0 0 0 0 1 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 1 51 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 X 53 47 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X THE ORGANIZATION 8178701692 777 TAYLOR STREET NO 100 FORT WORTH TX 76102 BOB JAMESON 2.00 X X 0 0 0 NINA PETTY 2.00 X X 0 0 0 BRIAN HAPPEL 2.00 X X 0 0 0 MARILYN ACKMANN 1.00 X 0 0 0 LARRY ANFIN 1.00 X 0 0 0 OLA ASSEM 1.00 X 0 0 0 RICK BAUMEISTER 1.00 X 0 0 0 BILL BOECKER 1.00 X 0 0 0 JOHNNY CAMPBELL 1.00 X 0 0 0 JACK CLARK 1.00 X 0 0 0 JEFF DAVIS 1.00 X 0 0 0 DOUGLAS K ELLER 1.00 X 0 0 0 JIM FINLEY 1.00 X 0 0 0 BRAD FORSBERG 1.00 X 0 0 0 PERRY GINN 1.00 X 0 0 0 MELISSA GRAHAM 1.00 X 0 0 0 MIKE GUYTON 1.00 X 0 0 0 GLEN HAHN 1.00 X 0 0 0 DON HELLMAN 1.00 X 0 0 0 STAN KENNEDY 1.00 X 0 0 0 SHERRY KEY 1.00 X 0 0 0 WALTER LITTLEJOHN 1.00 X 0 0 0 CHARLES MILLIKEN 1.00 X 0 0 0 PHIL NORWOOD 1.00 X 0 0 0 WADE T NOWLIN 1.00 X 0 0 0 DAVID PARKER 1.00 X 0 0 0 MICHAEL PAVELL 1.00 X 0 0 0 DAN PIOTROWSKI 1.00 X 0 0 0 DICK RUDDELL 1.00 X 0 0 0 BOB SEMPLE 1.00 X 0 0 0 R DAN SETTLE JR 1.00 X 0 0 0 TOM STRUHS 1.00 X 0 0 0 DAVID STUECKLER 1.00 X 0 0 0 CHET WAKEFIELD 1.00 X 0 0 0 JOY WEBSTER 1.00 X 0 0 0 MIKE WEST 1.00 X 0 0 0 JULIE WILSON 1.00 X 0 0 0 KEN BARR 1.00 X 0 0 0 MICHAEL BENNETT 1.00 X 0 0 0 HENRY BORBOLLA 1.00 X 0 0 0 CARMEN GARCIA 1.00 X 0 0 0 STEVE HAMBRICK 1.00 X 0 0 0 DIONE KENNEDY 1.00 X 0 0 0 BEN LOUGHRY 1.00 X 0 0 0 PATRICK MCFARLIN 1.00 X 0 0 0 MURL RICHARDSON 1.00 X 0 0 0 JON RUFF 1.00 X 0 0 0 MARIA SINNOTT 1.00 X 0 0 0 WHIT SMITH 1.00 X 0 0 0 DOUG THOMPSON 1.00 X 0 0 0 GREG UPP 1.00 X 0 0 0 RACHEL VOGEL 1.00 X 0 0 0 ANDREW TAFT 40.00 X 0 219678 21271 0 219678 21271 0 0 1 0 DOWNIE PRODUCTIONS 7120 ROYALGREEN DRIVE CINCINNATI OH 45244 EVENT PRODUCTION SERVICES 265069 1 811534 811534 BURNETT PARK MAINTENAN 230000 1845379 1845379 FESTIVALS AND EVENTS 713990 1538977 1538977 SANTA FE FREIGHT HOUSE 531120 370255 370255 LEASE INCOME - HOUSING 531110 23487 23487 PUBLIC ART 713990 293 293 3778391 21414 21414 10907 24564 -13657 -13657 -13657 ZAPP SOFTWARE 519100 5585 5585 5585 4603267 3778391 5585 7757 135672 135672 265069 265069 7500 7500 11048 11048 52266 1165 51101 FESTIVAL AND EVENT PROD 2349893 2349893 SANTA FE FREIGHT HOUSE 369049 369049 BURNETT PARK MAINTENANC 328470 328470 OTHER EXPENSES 25778 20298 5480 3544745 3068875 210801 265069 454046 1461604 367554 268338 510000 1076930 71243 75837 1647250 1643026 249295 249832 3174263 195202 2998942 2979061 11762 1561 49944 18515 6360036 7774704 82789 304714 3951 149965 1479278 1473070 1566018 1927749 X 3666809 3507975 1127209 2338980 4794018 5846955 6360036 7774704 X 1058522 -5585 X X 0 1 1 X 0 X 649124 1181278 3373146 771863 811534 6786945 973501 1502852 1583306 2307150 3778391 10145200 3674 3674 1622625 2684130 4960126 3079013 4589925 16935819 0 1590495 169122 1696916 365505 269435 4091473 1590495 169122 1696916 365505 269435 4091473 12844346 8607 16002 3362 17453 21414 66838 8607 16002 3362 17453 21414 66838 1631232 2700132 4963488 3096466 4611339 17002657 0.75540 0.64040 0.00390 0.00350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 293 30750 X 0 2872934 2872934 301329 195202 106127 2979061 CITY OF FORT WORTH LOAN 620240 RADIOSHACK CORPORATION LOAN 319813 JUSTIN MANAGEMENT COMPANY LOAN 106604 BANK ONE DEVELOPMENT CORPORATION LOAN 213209 WELLS FARGO BANK LOAN 106604 PIER 1 IMPORTS, INC. LOAN 53300 GAINSCO LOAN 53300 1473070 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: TAX POSITIONS TAKEN RELATED TO THE ORGANIZATION'S TAX EXEMPT STATUS FOR FEDERAL TAX PURPOSES AND STATE FILING REQUIREMENTS HAVE BEEN REVIEWED, AND MANAGEMENT IS OF THE OPINION THAT MATERIAL POSITIONS TAKEN BY THE ORGANIZATION WOULD MORE LIKELY THAN NOT BE SUSTAINED BY EXAMINATION. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED AN INCOME TAX LIABILITY FOR UNCERTAIN TAX BENEFITS. AS OF SEPTEMBER 30, 2011, THE ORGANIZATION'S TAX YEARS 2007 THROUGH 2010 REMAIN SUBJECT TO EXAMINATION. X X X X X X X 1 DOWNIE PRODUCTIONS INC 7120 ROYALGREEN DR CINCINATTI OH 45244 FESTIVALS 0 1653398 265068 1388330 1653398 265068 1388330 0 0 0 0 0 0 0 0 0 ANDREW TAFT 0 199510 0 20168 0 0 0 21271 0 0 0 240949 0 0 LARRY ANFIN - COORS DISTRIBUTING BOARD MEMBER 55125 VENDOR 0 WADE NOWLIN - HUB INTERNATIONAL RIG BOARD MEMBER 43329 INSURANCE 0 CHET WAKEFIELD - FORT WORTH STAR TE BOARD MEMBER 20829 ADVERTISING 0 MIKE WEST - UTA BOARD MEMBER 29221 REIMBURSED EXPENSES 0 PATRICK MCFARLIN - JACOBS BOARD MEMBER 121400 VENDOR 0 JACK CLARK - RED OAK REALTY BOARD MEMBER 31743 VENDOR 0 FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT FUNCTIONS RELATIVE TO THE RENTAL OF THE SANTA FE FREIGHT HOUSE WERE DELEGATED TO RED OAK REALTY. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS OF DOWNTOWN FORT WORTH, INC.("DFWI") ARE ALSO AUTOMATICALLY BOARD MEMBERS OF DOWNTOWN FORT WORTH INITIATIVES, INC. UPON THEIR ELECTION TO THE BOARD OF DIRECTORS OF DFWI. INDIVIDUALS WITH A CONFLICT OF INTEREST ARE SUSPENDED FROM SERVING ON THE BOARD OF DOWNTOWN FORT WORTH INITIATIVES. DFWI'S MEMBERS ELECT THE BOARD MEMBERS AS WELL AS THE MEMBERS OF THE AUDIT COMMITTEE AND OFFICERS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTANT AND REVIEWED THE MANAGEMENT FOR COMPLETENESS AND ACCURACY. AFTER, THE BOARD MEMBERS ARE NOTIFIED THAT THE FORM 990 IS AVAILABLE FOR THEIR REVIEW UNTIL THE FORM'S DUE DATE AT WHICH TIME IT IS SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS-THERE IS A WRITTEN CONFLICTS OF INTEREST POLICY FOR BOARD MEMBERS THAT MUST BE REVIEWED AND SIGNED ANNUALLY. EMPLOYEES OF DOWNTOWN FORT WORTH, INC.-THE EMPLOYEE HANDBOOK MANDATES THAT CONFLICTS OF INTEREST BE FULLY DISCLOSED TO THE PRESIDENT OF THE ORGANIZATION PRIOR TO INVOLVEMENT WITH OR IN ANY POTENTIAL CONFLICT OF INTEREST. THE EXISTENCE OF UNUSUAL CIRCUMSTANCES THAT COULD JUSTIFY APPROVAL OF A POTENTIAL CONFLICT MUST BE REVIEWED AND APPROVED IN WRITING. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE PRESIDENT IS REVIEWED AND APPROVED ANNUALLY BY A COMMITTEE OF THE BOARD OF DIRECTORS. PERIODICALLY, THE BOARD UTILIZES AN EXTERNAL CONSULTANT TO ADVISE AS TO THE APPROPRIATE LEVEL OF THE PRESIDENT'S COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: ZAPP INVESTMENTS PASSTHROUGH INCOME NOT REFLECTED ON FINANCIALS -5,585. TOTAL TO FORM 990, PART XI, LINE 5: -5,585. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE WITH OVERSIGHT RESPONSIBILITY FOR THE FINANCIAL REPORTING PROCESS. DOWNTOWN FORT WORTH INC 777 TAYLOR ST STE 100 FORT WORTH TX 76102 751820114 ENCOURAGE THE CIVIC, SOCIAL AND GENERAL WELFARE OF THE CITY OF FORT WORTH TX 501(C)(6) 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 1 DOWNTOWN FORT WORTH INC D 75000 DOWNTOWN FORT WORTH INC M 12660 DOWNTOWN FORT WORTH INC N 63374 DOWNTOWN FORT WORTH INC O 71685 DOWNTOWN FORT WORTH INC R 19148