Downtown Business Improvement District Corporation
- Assets
- $12.8m
- Revenue
- $15.2m
- Investments
- $0.0
- Employees
- 35
- Location
- Washington, DC
- Founding
- 04/1998
- Data as of
- 09/2021
- EIN
- 52-2053279
Organization Overview
Downtown Business Improvement District Corporation is located in Washington, DC. The organization was established in 1998. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 09/2021, Downtown Business Improvement District Corporation employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Business Improvement District Corporation is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2021, Downtown Business Improvement District Corporation generated $15.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $14.5m during the year ending 09/2021. While expenses have increased by 4.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Downtown Business Improvement District Corporation has awarded 121 individual grants totaling $1,008,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE THE ECONOMIC VITALITY OF THE MEMBERS OF THE DOWNTOWN BID.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SAFETY - THE DOWNTOWN DC SAFETY PROGRAM HAS MADE THE DOWNTOWN ENVIRONMENT MORE INVITING AND INCREASED BOTH THE LEVEL AND THE PERCEPTION OF SAFETY ON THE DOWNTOWN STREETS, THROUGH THE FOLLOWING MAJOR FOCUS AREAS: SAFETY WORKERS PROVIDED VISIBLE, REASSURING PRESENCE ON THE STREETS WITH UNIFORMED FOOT PATROLS, WERE RADIO-EQUIPPED, AND PLACED A SPECIAL EMPHASIS ON HOSPITALITY; IMPROVED POLICE SERVICES, BY DOWNTOWN WORKERS SERVING AS ADDITIONAL "EYES AND EARS AND BY ENHANCED COMMUNICATION, ONGOING COORDINATION AND SUPPORT WITH AND FOR ALL LOCAL LAW ENFORCEMENT AGENCIES. THE PROGRAM ALSO IMPROVED ORDER MAINTENANCE, AND SERVED AS AN EFFECTIVE CRIME DETERRENT, THROUGH VISIBILITY AND CONSISTENT COVERAGE; DISSEMINATED SAFETY AND SECURITY-RELATED INFORMATION, PROVIDING A FORUM TO EXCHANGE INFORMATION, AND TO INCREASE THE PERCEPTION OF SAFETY ON THE DOWNTOWN STREETS.
MAINTENANCE - DOWNTOWN MAINTENANCE TEAMS PROVIDED SIDEWALK AND CURB CLEANING, TRASH BAGGING, AND REMOVAL OF LITTER IN ALL 110 BLOCKS OF THE DOWNTOWN BID, PLACING SPECIAL EMPHASIS ON HEAVILY TRAVELED PEDESTRIAN AREAS, ESPECIALLY ON AFTERMATH OF MAJOR EVENTS. THE HEAVY MAINTENANCE CREW UTILIZED STREET CLEANING EQUIPMENT IN THE EARLY MORNING HOURS, PAINTED LIGHT POLES, UTILITY BOXES AND TRASH RECEPTACLES, AND MADE MINOR REPAIRS, ON A DAILY SCHEDULE. STREET-LEVEL GRAFFITI AND ILLEGAL POSTERS WERE REMOVED OR PAINTED OVER WITHIN 24 HOURS OF REPORT.
HOMELESS - DBID PROVIDE DAY SERVICES CENTER FOR INDIVIDUAL ADULTS EXPERIENCING HOMELESS TO PROMOTE SELF-SUFFICIENCY, WELLNESS, RECOVERY AND EMPLOYMENT. THE OUTREACH TEAM ALSO CONNECTS INDIVIDUALS EXPERIENCING HOMELESSNESS DOWNTOWN WITH THE DOWNTOWN DAY SERVICES CENTER TO SECURE PERMANENT HOUSING. FOR THE STAKEHOLDER, THE BID ADDRESS PUBLIC SPACE CLEANLINESS AND DEFECTS, LAW ENFORCEMENT, HOMELESS OUTREACH EFFORTS AND BUILDING/LIGHTING IMPROVEMENTS TO IMPROVE THE STREETSCAPE AND ENCOURAGE ORDERLINESS. THE BID CONTRACTS WITH SASHA BRUCE YOUTHWORK TO OPERATE THE YOUTH DROP-IN CENTER LOCATED AT 925 G STREET, NW. DOWNTOWN IS GATHERING PLACE FOR YOUNG PEOPLE EXPERIENCING HOMELESS WHO ARE DISINCLINED TO SEEK OUT ADULT SHELTERS OR SERVICE CENTERS.
THE DOWNTOWNDC BID'S PANDEMIC ASSISTANCE GRANT PROGRAM WAS A GRANT PROGRAM ADMINISTERED IN THE FIRST CALENDAR QUARTER OF 2021 AND WAS DESIGNED TO PROVIDE GRANTS OF $5,500 TO $15,000 IN GRANTS TO DOWNTOWNDC BID SMALL RETAIL BUSINESSES AND ARTS AND CULTURE ORGANIZATIONS. THE GRANT PROGRAM SUPPORTED BUSINESSES AND ORGANIZATIONS THAT CONTINUED TO OPERATE DURING THE PANDEMIC AND EXPERIENCED A GREATER THAN 25% REVENUE DECLINE FROM PRE-PANDEMIC SALES, AND THE GRANTEES SHOWED REVENUE REDUCTIONS OF 25% TO OVER 90% FROM PRE-PANDEMIC SALES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neil O Albert President/executive Director | OfficerTrustee | 40 | $404,234 |
Gerren Price Acting CEO And President | Officer | 40 | $166,461 |
Gerald Widdicombe Director Of Economic Department | 40 | $127,077 | |
Nabavi Oliver Director Of Administration | 40 | $124,818 | |
Galin Brooks Director Of Planning | 40 | $108,583 | |
Gregory A O'dell Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $15,532 |
| Government grants | $1,934,338 |
| All other contributions, gifts, grants, and similar amounts not included above | $413,192 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,363,062 |
| Total Program Service Revenue | $12,773,991 |
| Investment income | $2,486 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,153,939 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,105,511 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $624,287 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,537,988 |
| Pension plan accruals and contributions | $139,080 |
| Other employee benefits | $249,265 |
| Payroll taxes | $146,041 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $44,730 |
| Fees for services: Accounting | $72,251 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $52,113 |
| Advertising and promotion | $133,054 |
| Office expenses | $1,077,983 |
| Information technology | $341,871 |
| Royalties | $0 |
| Occupancy | $976,409 |
| Travel | $58,380 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,135 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $372,536 |
| Insurance | $57,517 |
| All other expenses | $0 |
| Total functional expenses | $14,451,662 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,178,047 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,671,155 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $124,105 |
| Net Land, buildings, and equipment | $794,023 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $81,014 |
| Total assets | $12,848,344 |
| Accounts payable and accrued expenses | $1,237,837 |
| Grants payable | $0 |
| Deferred revenue | $3,214,389 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $634,999 |
| Total liabilities | $5,087,225 |
| Net assets without donor restrictions | $7,761,119 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $12,848,344 |
Grants Awarded
Over the last fiscal year, Downtown Business Improvement District Corporation has awarded $1,008,000 in support to 121 organizations.
| Grant Recipient | Amount |
|---|---|
CUBA LIBRE DC LLC PURPOSE: BID PANDEMIC ASSISTANCE GRANT | $15,000 |
Washington, DC PURPOSE: BID PANDEMIC ASSISTANCE GRANT | $15,000 |
MEZZE AND MORE LLC DBA ZAYTINYA PURPOSE: BID PANDEMIC ASSISTANCE GRANT | $15,000 |
1201 K STREET F&B TENANT LLC DBA AMERICAN SON WILD DAYS KINTSUGI & ALLEG PURPOSE: BID PANDEMIC ASSISTANCE GRANT | $15,000 |
OYAMEL DC LLC PURPOSE: BID PANDEMIC ASSISTANCE GRANT | $15,000 |
COMPASS COFFEE PURPOSE: BID PANDEMIC ASSISTANCE GRANT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Farm Bureau Federation Washington, DC | $90,939,255 | $33,384,645 |
Food Allergy Research & Education Inc Mclean, VA | $49,740,343 | $11,947,289 |
Elevator Industry Work Preservation Fund Columbia, MD | $75,509,631 | $27,265,052 |
Downtown Business Improvement District Corporation Washington, DC | $12,848,344 | $15,153,939 |
Virginia Farm Bureau Federation Inc Richmond, VA | $53,446,193 | $7,940,484 |
Painters And Allied Trades Labor Management Cooperation Fund Hanover, MD | $16,040,317 | $4,577,967 |
Locus Impact Investing Richmond, VA | $7,023,425 | $9,339,755 |
National Council Of Farmer Cooperatives Washington, DC | $7,136,808 | $5,507,889 |
United Food And Commercial Workers International Union Gaithersburg, MD | $2,738,530 | $4,012,146 |
National Neca-Ibew Labor-Management Cooperatin Committee Trust Fund Washington, DC | $1,074,580 | $3,238,395 |
Montgomery County Agricultural Center Inc Gaithersburg, MD | $13,260,435 | $4,649,730 |
National Association Of State Departments Of Agriculture Arlington, VA | $1,267,720 | $1,834,352 |