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UNION STATION REDEVELOPMENT CORP: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
UNION STATION REDEVELOPMENT CORP (EIN 52-1318977)
Tax period
2024-10-01 to 2025-09-30
Filed
2026-08-17
IRS object ID
202612299349300131
Schema version
2024v5.5
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)
Return2026-08-17T09:22:19-05:00ReturnTs
Tax Period End2025-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN420714325PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RSM US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1919 EAST MAIN STREET SUITE 1800AddressLine1Txt
CityRICHMONDCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23219ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN521318977EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1UNION STATION REDEVELOPMENT CORPORATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlUNIOBusinessNameControlTxt
Phone2022220271PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1750 FIRST STREET NE 1010AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20002ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLEANDRO ZUCCHIPersonNm
Person TitleCHIEF OPERATING OFFICERPersonTitleTxt
Phone2022220271PhoneNum
Signature2026-08-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMEREDITH BELLPreparerPersonNm
PTINP01696827PTIN
Phone8042822121PhoneNum
Preparation2026-08-13PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDOUGLAS CARRPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1750 FIRST STREET NE 1010AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20002ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$15,741,533GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.USRCDC.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1983FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionMANAGEMENT OF THE RENOVATED AND REDEVELOPED FACILITIES OF WASHINGTON, DC'S UNION STATION THROUGH THE FEDERAL RAILROAD ADMINISTRATION.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee11TotalEmployeeCnt
Total Volunteers5TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$147,892PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$14,211,419PYProgramServiceRevenueAmt
CY Program Service Revenue$14,548,540CYProgramServiceRevenueAmt
PY Investment Income$590,873PYInvestmentIncomeAmt
CY Investment Income$1,143,126CYInvestmentIncomeAmt
PY Other Revenue$4,624PYOtherRevenueAmt
CY Other Revenue$49,867CYOtherRevenueAmt
PY Total Revenue$14,954,808PYTotalRevenueAmt
CY Total Revenue$15,741,533CYTotalRevenueAmt
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$1,975,675PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,578,155CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$9,917,127PYOtherExpensesAmt
CY Other Expenses$12,036,471CYOtherExpensesAmt
PY Total Expenses$11,892,802PYTotalExpensesAmt
CY Total Expenses$14,614,626CYTotalExpensesAmt
PY Revenues Less Expenses$3,062,006PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,126,907CYRevenuesLessExpensesAmt
Total Assets BOY$159,465,325TotalAssetsBOYAmt
Total Assets EOY$161,443,082TotalAssetsEOYAmt
Total Liabilities BOY$20,547,964TotalLiabilitiesBOYAmt
Total Liabilities EOY$21,440,895TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$138,917,361NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$140,002,187NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionFOUNDED IN 1983, UNION STATION REDEVELOPMENT CORPORATION (USRC) IS A NONPROFIT ORGANIZATION CHARGED WITH THREE MAIN OBJECTIVES: TO PRESERVE AND RESTORE UNION STATION'S HISTORIC AND ARCHITECTURAL SIGNIFICANCE, MAINTAIN THE STATION'S LONG-TERM FUNCTION AS A MULTIMODAL TRANSPORTATION CENTER, AND ENHANCE THE RETAIL AND AMENITIES WITHIN THE STATION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$8,238,002ExpenseAmt
Revenue$14,548,540RevenueAmt
DescMANAGEMENT OF THE REDEVELOPED UNION STATION FACILITY UNDER THE PROVISIONS OF PUBLIC LAW 97-125, RELATED TO MAINTENANCE AND PRESERVATION OF THE STATION COMPLEX, LOCATED IN WASHINGTON, DC. ON JULY 22, 2004, USRC WAS RECLASSIFIED AS A CHARITABLE ORGANIZATION EXEMPTUNDER IRC SECTION 501(C)(3).Desc
Total Program Service Expenses$8,238,002TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
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 RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document14IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee11EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
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 Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2022220271PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1750 FIRST STREET NE 1010AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20002ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
POLLY TROTTENBERG
CHAIRMAN2.00Yes (X)Yes (X)$0$0$0
DENNIS NEWMAN
VICE CHAIRMAN2.00Yes (X)Yes (X)$0$0$0
NINA ALBERT
DIRECTOR2.00Yes (X)$0$0$0
MAURA BROPHY
DIRECTOR2.00Yes (X)$0$0$0
REBECCA REYES - ALICEA
DIRECTOR2.00Yes (X)$0$0$0
MARIALUISA GALLOZZI
SECRETARY2.00Yes (X)$0$0$0
LEANDRO ZUCCHI
TREASURER2.00Yes (X)$0$0$0
DOUGLAS CARR
PRESIDENT/CEO40.00Yes (X)$394,907$0$57,149
JEAN LANDRY
SVP HEAD OF CONSTRUCTION40.00$329,402$0$46,205Yes (X)
CODY ZACCAGNINO
PROJECT MANAGER (THRU 2/28/25)40.00$111,260$0$6,175Yes (X)
JASON SPENCER
VP OF REAL ESTATE FINANCE AND DEV40.00$232,013$0$12,075Yes (X)
JENNIFER ROUSE
PROGRAM MANAGER40.00$100,261$0$13,682Yes (X)
GUNETT SINGH
PROJECT MANAGER40.00$120,093$0$12,550Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,287,936TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$147,836TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K6IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
UNION STATION INVESTCO INC
PO BOX 67207NEWARKNJ071014002REAL ESTATE SERVICES$635,060
COVINGTON & BURLING LLP
850 TENTH STREET NWWASHINGTONDC20001LEGAL SERVICES$573,789
BUILDING INTELLIGENCE
14 EAST 47TH STREET 3RD FLOORNEW YORKNY10017CONSULTING SERVICES$289,225
WSP
1250 23RD STREET SUITE 300 NWWASHINGTONDC20037OPERATIONS CONSULTING$188,678
SCHINDLER ELEVATOR CORPORATION
6800 MUIRKIRK ROADBELTSVILLEMD20705STRUCTURAL REPAIR SERVICES$169,317
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K13CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PARKING GARAGE RENT532000$7,233,103$7,233,103
USI SHOPS/OFFICE RENT532000$6,215,756$6,215,756
BUS DECK OPERATIONS900099$880,095$880,095
USI LEASEHOLD IMPROVEMENTS900099$219,586$219,586
FieldValueIRS element (for citing)
Total Program Service Revenue$14,548,540TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,143,126TotalRevenueColumnAmt
Exclusion$1,143,126ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS INCOMEDesc
Business900099BusinessCd
Total Revenue Column$49,867TotalRevenueColumnAmt
Exclusion$49,867ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$49,867OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$15,741,533TotalRevenueColumnAmt
Related Or Exempt Func Income$14,548,540RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,192,993ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$459,230TotalAmt
Management And General$459,230ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,605,831TotalAmt
Management And General$1,605,831ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$109,702TotalAmt
Management And General$109,702ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$275,185TotalAmt
Management And General$275,185ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$128,207TotalAmt
Management And General$128,207ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,043,376TotalAmt
Management And General$1,043,376ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$225,530TotalAmt
Management And General$225,530ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,676,110TotalAmt
Program Services$1,320,402ProgramServicesAmt
Management And General$1,355,708ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$316,820TotalAmt
Management And General$316,820ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$552,603TotalAmt
Management And General$552,603ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$3,606,563TotalAmt
Program Services$3,490,050ProgramServicesAmt
Management And General$116,513ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$218,321TotalAmt
Program Services$152,825ProgramServicesAmt
Management And General$65,496ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
BUS DECK EXPENSES$1,849,620$1,849,620
GARAGE/STATION PROJECTS$1,366,181$1,366,181
UNION STATION 2ND CENTU$61,013$431$60,582
POSESSORY INTEREST TAX$58,493$58,493

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$61,841TotalAmt
Management And General$61,841ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$14,614,626TotalAmt
Program Services$8,238,002ProgramServicesAmt
Management And General$6,376,624ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$4,301,148BOYAmt
EOY$3,836,439EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$23,973,893BOYAmt
EOY$24,414,144EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,689,769BOYAmt
EOY$3,018,961EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$414,100BOYAmt
EOY$935,750EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$114,553,632LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$44,378,665LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$73,133,094BOYAmt
EOY$70,174,967EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$54,953,321BOYAmt
EOY$59,062,821EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$159,465,325BOYAmt
EOY$161,443,082EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,999,424BOYAmt
EOY$2,457,461EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$17,550,719BOYAmt
EOY$16,215,990EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$997,821BOYAmt
EOY$2,767,444EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$20,547,964BOYAmt
EOY$21,440,895EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$138,591,744BOYAmt
EOY$140,002,187EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$325,617BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$138,917,361BOYAmt
EOY$140,002,187EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$159,465,325BOYAmt
EOY$161,443,082EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,126,907ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$42,081NetUnrlzdGainsLossesInvstAmt
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)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type3 Func IntYes (X)SupportingOrgType3FuncIntInd
IRS Written DeterminationYes (X)IRSWrittenDeterminationInd
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1UNITED STATES OF AMERICABusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN000000000EIN
Organization Type6OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$0SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$0SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type3 Sprt Org All Form990SchAType3SprtOrgAllGrp

FieldValueIRS element (for citing)
Timely Provided Documents0TimelyProvidedDocumentsInd
Officers Close RelationshipYes (1)OfficersCloseRelationshipInd
Supported Org Voice Investment0SupportedOrgVoiceInvestmentInd

Form990 Sch A Type3 Func Int Form990SchAType3FuncIntGrp

FieldValueIRS element (for citing)
Governmental EntityYes (X)GovernmentalEntityInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART IV, SECTION E, LINE 1C:FormAndLineReferenceDesc
ExplanationUSRC WAS FORMED PURSUANT TO THE UNION STATION REDEVELOPMENT ACT OF 1981 (PUB. L. 97-125, 95 STAT. 1667) TO ASSIST THE FEDERAL GOVERNMENT IN REHABILITATING AND REDEVELOPING THE UNION STATION COMPLEX IN WASHINGTON DC AND THE SURROUNDING AREA. IT IS A PARTY TO A COOPERATIVE AGREEMENT WITH THE FEDERAL RAILROAD ADMINISTRATION AND THE NATIONAL RAILROAD PASSENGER CORPORATION. IT SUBMITS BUDGETS AND FINANCIAL REPORTS TO THOSE ORGANIZATIONS ANNUALLY, AND BOTH HAVE RIGHTS TO REVIEW AUDIT ITS OPERATIONAL COSTS. THE U.S. SECRETARY OF TRANSPORTATION, THE PRESIDENT OF THE NATIONAL RAILROAD PASSENGER CORPORATION AND THE FEDERAL RAILROAD ADMINISTRATOR COMPRISE A MAJORITY OF USRC'S BOARD OF DIRECTORS.ExplanationTxt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$113,390,100OtherCostOrOtherBasisAmt
Depreciation$44,366,139DepreciationAmt
Book Value$69,023,961BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$19,615OtherCostOrOtherBasisAmt
Depreciation$12,526DepreciationAmt
Book Value$7,089BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,143,917OtherCostOrOtherBasisAmt
Book Value$1,143,917BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$70,174,967TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (7 entries)

DescDescBook ValueBookValueAmt
DEPOSITS$328,392
FUNDS HELD FOR CAPITAL MAINTENANCE$2,215,908
DEFERRED RENT$54,620,991
PASS THROUGH STATION MAINTENANCE FUND$230,769
SWAP CONTRACT$971,617
RIGHT-OF-USE ASSET$466,436
OTHER RECEIVABLES$228,708
FieldValueIRS element (for citing)
Total Book Value Other Assets$59,062,821TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
FUNDS HELD FOR CAPITAL MAINTENANCE$2,215,908
LEASE LIABILITY$551,536
FieldValueIRS element (for citing)
Total Liability$2,767,444TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$15,699,452TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$42,081NetUnrealizedGainsInvstAmt
Revenue Not Reported-$42,081RevenueNotReportedAmt
Revenue Subtotal$15,741,533RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$15,741,533TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$14,614,626TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$14,614,626ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$14,614,626TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationUSRC HAS CONSIDERED ITS INCOME TAX POSITIONS, INCLUDING ANY POSITIONS THAT MAY BE CONSIDERED UNCERTAIN BY THE RELEVANT TAX AUTHORITIES IN THE JURISDICTIONS IN WHICH USRC OPERATES. AS OF SEPTEMBER 30, 2025 AND 2024, USRC HAD NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS OR UNRECOGNIZED TAX EXPOSURES.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DOUGLAS CARR
PRESIDENT/CEO$394,907$0$0$0$0$0$22,295$0$34,854$0$452,056$0$0$0
JEAN LANDRY
SVP HEAD OF CONSTRUCTION$329,402$0$0$0$0$0$14,437$0$31,768$0$375,607$0$0$0
JASON SPENCER
VP OF REAL ESTATE FINANCE AND DEV$232,013$0$0$0$0$0$12,075$0$0$0$244,088$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8BTHERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BTHE 990 IS REVIEWED BY THE PRESIDENT AND CEO OF USRC AND ANY EMPLOYEE DESIGNATED. IT IS ALSO DISTRIBUTED TO ALL USRC BOARD OF DIRECTOR DESIGNEES FOR THEIR REVIEW.
FORM 990, PART VI, SECTION B, LINE 12CTHE ETHICS OFFICER PROVIDES THE ETHICS POLICY TO ALL BOARD MEMBERS AND HAS THE REPRESENTATIVES AND THEIR DESIGNEES COMPLETE AND RETURN AN ANNUAL CONFLICT OF INTEREST STATEMENT. ALSO, EACH EMPLOYEE IS PROVIDED THE CONFLICT OF INTEREST POLICY ON THEIR FIRST DAY OF EMPLOYMENT AND IS REQUIRED TO SIGN AND COMPLETE A CONFLICT OF INTEREST STATEMENT. ALL EMPLOYEES ARE REQUIRED TO SUBMIT A CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS. BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO SUBMIT A CONFLICT OF INTEREST DISCLOSURE STATEMENT AT ANY TIME A POTENTIAL CONFLICT ARISES. A POTENTIAL CONFLICT ARISES WHEN A DIRECTOR OR EMPLOYEE MAY RECEIVE A FINANCIAL OR OTHER SIGNIFICANT BENEFIT AS A RESULT OF THE INDIVIDUAL'S POSITION. IN CASES WHERE A DIRECTOR OR EMPLOYEE HAS AN ACTUAL OR APPARENT CONFLICT OF INTEREST, THE INDIVIDUAL WILL RECUSE VOLUNTARILY. THE ETHICS REVIEW COMMITTEE HOLDS THE AUTHORITY TO ORDER INVOLUNTARY RECUSAL IF THE DIRECTOR OR EMPLOYEE FAILS TO DO SO VOLUNTARILY.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD AS SET FORTH IN SECTION 6104(D).
FORM 990, PART IX, LINE 11GCONSULTING: PROGRAM SERVICE EXPENSES 1,320,402. MANAGEMENT AND GENERAL EXPENSES 1,355,708. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,676,110.

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