2012-05-11T15:24:35-05:00 2011-06-30 HOWARD MOORE & MCDUFFIE PC PO BOX 4547 MACON GA 31208 990 2010-07-01 582273893 NEWTOWN MACON INC NEWT 4787229909 479 CHERRY STREET MACON GA 312013320 GAIL MANSFIELD 4787229909 2012-05-11 true GEORGIA G SLAGLE 4787425317 2012-05-11 2010 2016-02-24 21:20:13Z 6484713 false X WWW.NEWTOWNMACON.COM X 1998 GA REVITALIZATION OF DOWNTOWN MACON BY CREATING A SENSE OF PLACE, GROWING JOBS & INCREASING RESIDENTS. 37 37 16 100 0 791571 4406483 4119698 1526504 37880 60089 112053 11110 5061202 6004186 41943 479374 0 479807 435163 22197 176965 4837540 2677414 5359290 3614148 -298088 2390038 3635827 5927568 279029 174664 3356798 5752904 X REVITALIZATION OF DOWNTOWN MACON BY CREATING A SENSE OF PLACE, GROWING JOBS & INCREASING RESIDENTS. true false 1913951 479374 1424235 GROWING JOBS: OVER THE LAST 12 MONTHS, 19 NEW BUSINESSES OPENED FILLING APPROXIMATELY 45,000 SQUARE FEET. MORE THAN 420,000 WAS INVESTED IN THESE BUSINESSES AND PROPERTIES BY ENTREPRENEURS, AND 44 NEW EMPLOYEES WENT TO WORK IN DOWNTOWN. NEWTOWN'S PRIMARY MISSION IS TO BE A CATALYST FOR TRANSFORMATIONAL PROJECTS, AND ONE OF OUR GOALS HAS BEEN TO ESTABLISH TAX ALLOCATION DISTRICTS (TAD). THIS ECONOMIC DEVELOPMENT TOOL FINANCES INFRASTRUCTURE PROJECTS IN THE DISTRICT THROUGH BONDS SERVICED BY FUTURE INCREASES IN PROPERTY TAXES GENERATED FROM NEW DEVELOPMENT. IN 2010, THE CITY AND NEWTOWN PARTNERED TO CREATE THREE TADS: ONE ENCOMPASSING THE SECOND STREET CORRIDOR FROM INTERSTATES 16 TO 75, ANOTHER ALONG RIVERSIDE DRIVE FROM SECOND TO NEW STREETS, AND THE THIRD AT THE FORMER BIBB MILL SITE ALONG COLISEUM DRIVE AT INTERSTATE 16. THE THREE TADS COULD GENERATE 36 MILLION FOR INFRASTRUCTURE IMPROVEMENTS AND LEVERAGE AT LEAST 82 MILLION IN PRIVATE DEVELOPMENT. 721746 181936 CREATING A SENSE OF PLACE: NEWTOWN PURCHASED THE FORMER CAPRICORN RECORDING STUDIOS BUILDING, WHICH THE NATIONAL TRUST NAMED AS ONE OF THE STATE'S 10 MOST ENDANGERED HISTORIC TREASURES. THIS YEAR THE GATEWAY INITIATIVE HAS EXPANDED THE BRANDING OF MACON AS A MUSIC CITY TO A NATIONAL ADVERTISING CAMPAIGN, WHICH PROMOTES MACON'S THRIVING ARTISTIC SCENE AND OTHER ASSETS. 618559 5281 GATEWAY INITIATIVE: AS OF JUNE 30, 2011, SIGNIFICANT PROGRESS HAD BEEN MADE TOWARD THE DEFINED GOALS OF THE GATEWAY INITIATIVE INCLUDING: RECRUITMENT OF 36 PARTNERING COMMUNITY ORGANIZATIONS REPRESENTING TOURISM, ARTS, EDUCATION, AND COMMERCE AND WORK SESSIONS HELD WITH VARIOUS INTEREST GROUPS. THE STRUCTURE AND DESIGN OF THE 'GATEWAY' WEB SITE WAS COMPLETED WITH PROGRAMMING IN PROCESS. SOCIAL MEDIA SITES HAD BEEN FULLY ACTIVATED AND TWO OF THE THREE PLANNED PROMOTIONAL COMPETITIONS, MACON SHORTS AND MACON MUSIC, HAD BEEN LAUNCHED AND WERE IN PROCESS AS OF YEAR END. 80014 INCREASING RESIDENTS: NEWTOWN FACILITATED A LOFT MARKET STUDY. THE STUDY SHOWED THAT THE CENTRAL BUSINESS DISTRICT CAN ABSORB AN ADDITIONAL 235 MARKET-RATE UNITS EACH YEAR FOR FIVE YEARS UP FROM 189 IN 2008. TO LEVERAGE THESE PROJECTS, NEWTOWN ASKED THE BIBB COUNTY COMMISSIONERS TO ISSUE 5 MILLION IN BONDS, WHICH WILL BECOME THE EQUITY NEEDED TO SECURE FINANCING FOR LOFT DEVELOPMENTS. IN 2012, NEWTOWN WILL BECOME AN EQUITY PARTNER IN THE FIRST OF SEVERAL RESIDENTIAL PROJECTS THAT WILL EVENTUALLY ADD MORE THAN 150 UNITS DOWNTOWN. 80014 3334270 true true false true false false false false false false true false false false false false true true false false false false false true true false false true true false false false false false false true true true true false false false true false false false false false true 51 0 false 16 true false false false false false false false false false false X 37 37 false false false false false false false true true false false true true true true false false true true false GA X NEWTOWN MACON INC 4787229909 479 CHERRY ST MACON GA 31201 VIRGIL ADAMS 1.00 X 0 0 0 PINO MAURO 1.00 X 0 0 0 DAVID S LANIER 3.00 X 0 0 0 SCOTT SEIGEL 1.00 X 0 0 0 RANDY PEACOCK 1.00 X 0 0 0 RHONDA PERRY 1.00 X 0 0 0 BROTHER STEWART 1.00 X 0 0 0 BRUCE ELLIOTT 1.00 X 0 0 0 CHRIS R SHERIDAN 1.00 X 0 0 0 ROBERT REICHERT 2.00 X 0 0 0 MICHAEL DYER 1.00 X 0 0 0 THOMAS WICKER 5.00 X 0 0 0 CHIP CHERRY 1.00 X 0 0 0 C WARREN SELBY JR 1.00 X 0 0 0 FRANK AMERSON 1.00 X 0 0 0 R KIRBY GODSEY 3.00 X 0 0 0 ROBERT F HATCHER 1.00 X 0 0 0 RICK JONES 1.00 X 0 0 0 DAVID THOMPSON 1.00 X 0 0 0 DAN FORRESTER 1.00 X 0 0 0 ED S SELL III 1.00 X 0 0 0 JIM MANLEY 1.00 X 0 0 0 DAN SPEIGHT 1.00 X 0 0 0 SHAWN STAFFORD 1.00 X 0 0 0 JEFF JONES 1.00 X 0 0 0 TONY ROJAS 1.00 X 0 0 0 SAM HART 1.00 X 0 0 0 ROMAIN DALLEMAND 1.00 X 0 0 0 GREG DENT 1.00 X 0 0 0 BRAD EVANS 1.00 X 0 0 0 JOHN HISCOX 1.00 X 0 0 0 JAMES TIMLEY 1.00 X 0 0 0 WIMBERLY TREADWELL 1.00 X 0 0 0 JOHNNY WALKER III 1.00 X 0 0 0 BLAKE LISENBY 1.00 X 0 0 0 C MICHAEL FORD 40.00 X 115157 0 13889 LAURA SCHOFIELD 40.00 X 72441 0 5331 GAIL MANSFIELD 40.00 X 62302 0 9415 DON FAULK 5.00 X 0 0 0 WILLIAM UNDERWOOD 5.00 X 0 0 0 JUANITA T JORDAN 5.00 X 0 0 0 249900 28635 1 false false false CHRIS R SHERIDAN & CO 1572 SCHOFIELD STREET MACON GA 31201 CONSTRUCTION 1409354 LE SCHWARTZ & SON INC 279 REED STREET MACON GA 31206 CONTRUCTION 216818 BRIGHT BLUE SKY PO BOX 154 MACON GA 31202 VIDEOGRAPHY 151252 BRIGHT IDEAS GROUP 560 ARLINGTON PLACE MACON GA 31201 CONSULTING 142878 SELL & MELTON PO BOX 229 MACON GA 31202 LEGAL 138021 6 126305 543763 3736415 188158 4406483 GOV'T PERFORMANCE CONTRACT 531310 1511177 1511177 PROPERTY MANAGEMENT 236000 15327 15327 1526504 21945 21945 137011 196650 -59639 -59639 -59639 267856 229712 38144 38144 38144 105151 53203 51948 5916 962 4954 4954 REIMBURS. OF PROGRAM EXPENSE 900099 10722 10722 PROPERTY TAX REFUNDS 900099 3125 3125 13847 6004186 4954 1540801 473163 473163 6211 6211 205393 115419 37393 52581 180376 168755 5621 6000 5170 4405 137 628 14097 10996 1011 2090 30127 22617 3173 4337 154143 151992 1826 325 21886 21886 41690 41690 22197 22197 1507 1507 220611 177737 2005 40869 151213 149415 315 1483 85498 56994 8711 19793 28204 28204 61021 40414 13296 7311 8095 7407 194 494 21657 2783 317 18557 27010 21539 5471 19866 19866 PROJECT EXPENSES 1825043 1825043 BAD DEBT 8050 8000 50 CONTINUING EDUCATION 1440 1440 MISCELLANOUS EXPENSE 480 180 300 3614148 3334270 102913 176965 149022 583467 64959 947033 461853 791874 604451 722193 458047 469319 14226 15144 1667109 247854 973618 1419255 909596 975728 55 3555 3635827 5927568 278431 174425 598 239 279029 174664 X 3226987 3720176 129811 2032728 3356798 5752904 3635827 5927568 X 2390038 6068 X false true true X false X 2371934 2125864 743139 791571 4406483 10438991 2371934 2125864 743139 791571 4406483 10438991 349211 10089780 300534 247360 196710 177184 158956 1080744 11519735 7573272 0.87590 0.84660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false 41690 41690 3572458 3614148 330707 82677 false 417965 330707 748672 1123008 30777 41690 72467 104491 82677 187168 280752 30777 30777 false false false false false false false false false false false false false false false false false false false false false false false false 744110 744110 730530 84069 646461 21749 4152 17597 57997 53533 4464 112723 106100 6623 1419255 6004186 3614148 2390038 6068 6068 2396106 6358593 6068 95822 254371 356261 6002332 1854 1854 6004186 3962487 95822 254371 350193 3612294 1854 1854 3614148 RECONCILIATION OF CHANGES - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 8 RENTAL EXPENSES 196,650 SPECIAL EVENT EXPENSES 53,203 LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT 3,556 COGS - BOOK SALES 962 RENTAL EXPENSES -196,650 SPECIAL EVENT EXPENSES -53,203 LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT -3,556 COGS - BOOK SALES -962 REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 2D RENTAL EXPENSES 196,650 SPECIAL EVENT EXPENSES 53,203 LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT 3,556 COGS - BOOK SALES 962 EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XIII, LINE 2D RENTAL EXPENSES 196,650 SPECIAL EVENT EXPENSES 53,203 LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT 3,556 COGS - BOOK SALES 962 X true COXE CURRY ASSOCIATES INC 50 HURT PLAZA SUITE 630 ATLANTA GA 30303 CONSULTING false 22197 -22197 22197 -22197 GA HALLUVA AUCTION 93045 93045 625 2645 7487 FLY SOUTH FESTI 12106 12106 225 27158 105151 105151 625 2870 34645 38140 67011 true CAPITOL THEATRE INC 382 SECOND STREET MACON GA 31201 300256330 3 14150 GENERAL SUPPORT GA CIVIL WAR HERITAGE TRAIL INC PO BOX 1864 EVANS GA 30809 582533722 3 20000 GEORGIA SPORTS HALL OF FAME PO BOX 4644 MACON GA 31208 582242225 3 21475 GENERAL SUPPORT GEORGIANS FOR PASSENGER RAIL 479 CHERRY STREET MACON GA 31201 204548894 71670 MACON CHERRY BLOSSOM FESTIVAL 794 CHERRY STREET MACON GA 31201 581648127 3 25275 GENERAL SUPPORT MERCER UNIVERSITY 1400 COLEMAN AVENUE MACON GA 31207 580566167 3 26500 GENERAL SUPPORT OCMULGEE HERITAGE TRAIL OF MIDDLE GA INC 479 CHERRY STREET MACON GA 31201 262912041 3 275000 GENERAL SUPPORT 5 4 BUSINESS INCENTIVE TO 4 6211 LOCATE DOWNTOWN ADDITIONAL INFORMATION SCHEDULE I, PAGE 4, PART IV NEWTOWN MACON, INC MAINTAINS RECORDS TO SUBSTANTIATE THE AMOUNT OF THE GRANTS OR ASSISTANCE THAT IT AWARDS TO GRANTORS. THE POSSIBLE GRANTS ARE BROUGHT BEFORE THE BOARD AT BOARD MEETINGS AND THE BOARD MEMBERS VOTE ON WHETHER OR NOT TO AWARD THE GRANT AND DETERMINES THE GRANT AMOUNT BASED ON WHETHER THE GRANT SUPPORTS NEWTOWN MACON'S MISSION OF GROWING JOBS, INCREASING RESIDENTS AND CREATING A SENSE OF PLACE. NEWTOWN REQUIRES PROOF FROM THE ENTITY RECEIVING THE GRANT THAT THE GRANT FUNDS WERE EXPENDED APPROPRIATELY. KRIS HATTAWAY FAMILY 37867 EMPLOYMENT false CHRIS R SHERIDAN & CO BUSINESS 1409354 CONSTRUCTION false SELL & MELTON BUSINESS 138021 ATTORNEY false X 1 188158 APPRAISAL false true false ANY SIGNIFICANT NEW PROGRAM SERVICES NOT LISTED ON A PRIOR RETURN FORM 990, PAGE 2, PART III, LINE 2 THE ORGANIZATION BEGAN THE GATEWAY INITIATIVE PROGRAM DURING THE YEAR ENDED JUNE 30, 2011, WHICH IS DESCRIBED IN PART III, LINE 4C. FIRST ACHIEVEMENT DESCRIPTION FORM 990, PAGE 2, PART III, LINE 4A SITE ALONG COLISEUM DRIVE AT INTERSTATE 16. THE THREE TADS COULD GENERATE 36 MILLION FOR INFRASTRUCTURE IMPROVEMENTS AND LEVERAGE AT LEAST 82 MILLION IN PRIVATE DEVELOPMENT. ALL OTHER ACHIEVEMENTS DESCRIPTION FORM 990, PAGE 2, PART III, LINE 4D INCREASING RESIDENTS: NEWTOWN FACILITATED A LOFT MARKET STUDY. THE STUDY SHOWED THAT THE CENTRAL BUSINESS DISTRICT CAN ABSORB AN ADDITIONAL 235 MARKET-RATE UNITS EACH YEAR FOR FIVE YEARS UP FROM 189 IN 2008. TO LEVERAGE THESE PROJECTS, NEWTOWN ASKED THE BIBB COUNTY COMMISSIONERS TO ISSUE 5 MILLION IN BONDS, WHICH WILL BECOME THE EQUITY NEEDED TO SECURE FINANCING FOR LOFT DEVELOPMENTS. IN 2012, NEWTOWN WILL BECOME AN EQUITY PARTNER IN THE FIRST OF SEVERAL RESIDENTIAL PROJECTS THAT WILL EVENTUALLY ADD MORE THAN 150 UNITS DOWNTOWN. ADDITIONAL INFORMATION FORM 990, PART VI THE ORGANIZATION RETAINS ALL DOCUMENTS FOR 7 YEARS ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B THE CFO AND CEO REVIEW THE FORM 990. IT IS THEN PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL BEFORE THE RETURN IS FILED. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD AND STAFF FILL OUT QUESTIONNAIRES ANNUALLY. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A DETERMINED BY BOARD. COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B DETERMINED BY BOARD. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE UPON WRITTEN REQUEST. OTHER CHANGES IN NET ASSETS EXPLANATION FORM 990, PART XI, LINE 5 REVENUE ON THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS INCLUDED UNREALIZED GAINS FROM INVESTMENTS TOTALING 6,068 DURING THE YEAR ENDED JUNE 30, 2011. UNREALIZED GAINS FROM INVESTMENTS ARE NOT REPORTABLE ON THE FORM 990. UDC REALTY LLC 479 CHERRY ST MACON GA 31201 203966010 PROP. MGMT GA 630097 1244081 NA UDC MANAGEMENT LLC 479 CHERRY ST MACON GA 31201 582273893 PROP. MGMT GA 109222 113093 NA UDC REALTY TERMINAL AVENUE LLC 479 CHERRY ST MACON GA 31201 263069727 PROP. MGMT GA 1520255 14091 NA THERE WERE NO LOBBYING EXPENSES FOR 2007 OR 2008.