Form 990 for tax year 2024
Filed by RESTON TOWN CENTER JOINT COMMITTEE.
Totals
- Total revenue
- $1,263,866
- Total expenses
- $1,804,637
- Contributions and grants received
- $0
- Grants paid
- $142,500
- Program service revenue
- $1,215,358
- Investment income
- $3,242
- Other revenue
- $45,266
- Total assets, end of year
- $1,359,503
- Total liabilities, end of year
- $67,231
- Net assets or fund balances, end of year
- $1,292,272
- Program services expenses (Part IX)
- $856,679
- Management and general expenses
- $947,958
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $856,679
Program services were 47.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: ASSESSMENTS
total $814,200 · excluded $814,200
-
2b · Program service revenue: SHUTTLE ASSESSMENTS
total $401,158 · excluded $401,158
-
3 · Investment income
total $3,242 · excluded $3,242
-
11a · Other revenue: RCC HOLIDAY PARADE SPONSORSHIP
total $30,000 · excluded $30,000
-
11b · Other revenue: MISCELLANEOUS FEES
total $15,266 · related or exempt $15,266
-
11e · Other revenue, total
$45,266
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $142,500 · program services $142,500
-
5 · Compensation of officers, directors and key employees
total $94,141 · management and general $94,141
-
9 · Other employee benefits
total $736 · management and general $736
-
10 · Payroll taxes
total $6,500 · management and general $6,500
-
11a · Fees: management
total $19,287 · management and general $19,287
-
11b · Fees: legal
total $922 · management and general $922
-
11c · Fees: accounting
total $10,400 · management and general $10,400
-
12 · Advertising and promotion
total $3,368 · management and general $3,368
-
13 · Office expenses
total $2,632 · management and general $2,632
-
14 · Information technology
total $7,660 · management and general $7,660
-
23 · Insurance
total $14,221 · management and general $14,221
-
24a · Other expenses: CAPITAL IMPROVEMENTS -
total $547,689 · management and general $547,689
-
24b · Other expenses: SHUTTLE
total $406,881 · program services $406,881
-
24c · Other expenses: CONCERTS
total $270,798 · program services $270,798
-
24d · Other expenses: EVENT PLANNING AND EQUI
total $125,463 · management and general $125,463
-
24e · All other expenses
total $151,439 · program services $36,500 · management and general $114,939
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,822,066 · end of year $1,155,751
-
4 · Accounts receivable
beginning of year $16,787 · end of year $96,868
-
9 · Prepaid expenses and deferred charges
beginning of year $11,043 · end of year $11,721
-
15 · Other assets
beginning of year $59,922 · end of year $95,163
-
17 · Accounts payable and accrued expenses
beginning of year $75,501 · end of year $67,131
-
25 · Other liabilities
beginning of year $1,274 · end of year $100
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $1,833,043 · end of year $1,292,272
Mission and programs · 2024
Mission
THE ORGANIZATION PERFORMS MANY FUNCTIONS OF A LOCAL GOVERNMENT SUCH AS ADMINISTRATION AND ENFORCEMENT OF COVENANTS FOR PRESERVING ARCHITECTURAL APPEARANCE OF BUILDINGS ETC.
Activities or mission (Part I)
THE ORGANIZATION PERFORMS MANY FUNCTIONS OF A LOCAL GOVERNMENT SUCH AS ADMINISTRATION AND ENFORCEMENT OF COVENANTS FOR PRESERVING ARCHITECTURAL APPEARANCE OF BUILDINGS ETC. THE ORGANIZATION ALSO MANAGES A TRANSPORTATION INFORMATION PROGRAM, IS RESPONSIBLE FOR THE MAINTENANCE OF A STORM WATER RETENTION POND AND PROVIDES SUPPORT AND SPONSORSHIP OF CULTURAL AND ARTS EVENTS.
-
THE LINK PROGRAM PROVIDES TRANSPORTATION INFORMATION TO THE REGION THROUGH DISTRIBUTION OF PRINTED MATERIALS, RESPONSES TO EMAIL AND PHONE INQUIRIES AND MAINTENANCE OF A TRANSPORTATION WEBSITE. THE PROGRAM SUPPORTS AND PROMOTES ALTERNATIVES TO DRIVING ALONE THROUGH HOSTING AND PARTICIPATING IN EVENTS, CONDUCTING SURVEYS AND WORKING WITH VARIOUS COMMUNITY TRANSPORTATION ORGANIZATIONS.THE RTC DESIGN REVIEW BOARD REVIEWS APPLICATIONS FOR BOTH NEW CONSTRUCTION AND FOR CHANGES TO EXISTING EXTERIORS OF BUILDING. THERE ARE FIVE DESIGN PROFESSIONALS ON THE DRB WHO HOLD MONTHLY MEETINGS TO REVIEW APPLICATIONS FROM BOTH COMMERCIAL AND RESIDENTIAL OWNERS. THE DRB WORKS WITH THE RTCA BOARD TO DEVELOP AND ENFORCE DESIGN GUIDELINES.
Expenses $36,500
-
SUPPORTED THE ANNUAL FINE ARTS FESTIVAL, A JURIED OUTDOOR ART SHOW THAT ATTRACTS OVER 30,000 PEOPLE TO THE TOWN CENTER. ALSO SPONSORED OUTDOOR CONCERTS, AS PART OF THE SUMMER CONCERT SERIES HELD IN FOUNTAIN SQUARE, AS WELL AS HOLIDAY PARADE AND OTHER CITY EVENTS. THESE FREE EVENTS ATTRACT THOUSANDS OF PEOPLE FROM RESTON AND SURROUNDING COMMUNITIES, AND HAVE BECOME A TRADITION IN RESTON.
Expenses $413,298 · Grants $142,500
-
OFFERING FREE SHUTTLE SERVICE THROUGHOUT RESTON TOWN CENTER TO CONNECT THE EXTENDED URBAN CORE AND METRO. THE SHUTTLE OPERATES MONDAY TO FRIDAY FROM 7AM TO 7PM AND IS FREE AND OPEN TO ALL. ASSUMING ADEQUATE DEMAND, AND ABSENT TRAFFIC OR UNFORSEEN ISSUES, THE SERVICE IS DESIGNED TO HAVE A VAN ARRIVE AT INDIVIDUAL STOPS EVERY TEN MINUTES. VANS WILL LEAVE THE METRO STATION EVERY 10 MINUTES ON THE HOUR. THIS SERVICE WAS LAUNCHED ON NOVEMBER 16, 2022.
Expenses $406,881
As filed on the 2024 return.
Listed in Part VII
-
Kenyetta PriceKENYETTA PRICE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Peter HenryPETER HENRY
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Laura McNultyLAURA MCNULTY
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Keith SpindenKEITH SPINDEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ken KnuevenKEN KNUEVEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Justin RubleJUSTIN RUBLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ken LanfearKEN LANFEAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Peter OtteniPETER OTTENI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Richard EllisRICHARD ELLIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert GoudieROBERT GOUDIE
EXECUTIVE DIRECTOR
- Total calculated
- $94,141
- From this org
- $0
- From related orgs
- $94,141
- Other
- $0
- Hours/week
- 20 + 20 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$55,000
NOVA FINE ARTS FESTIVAL
-
MYERS PUBLIC RELATIONS LLC
$55,000
HOLIDAY PARADE
-
$15,000
FILM FESTIVAL SUPPORTFILM FESTIVAL SUPPORT
-
$10,000
ANNUAL ART CONTRIBUTIONANNUAL ART CONTRIBUTION
-
$7,500
ARTS COUNCIL AWARD SUPPORT
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
RESTON URBAN CORE INC
C · TO MANAGE, MAINTAIN, REPAIR AND IMPROVE THE COMMON AREAS · VA
-
RESTON TOWN CTR INDUSTRIAL ASSOC
C · TO MANAGE, MAINTAIN, REPAIR AND IMPROVE THE COMMON AREAS · VA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543189349301249
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