Form 990 for tax year 2022
Filed by GREENWAY BUSINESS IMPROVEMENT DISTRICT CORPORATION.
Totals
- Total revenue
- $1,700,330
- Total expenses
- $1,699,783
- Contributions and grants received
- $0
- Grants paid
- $1,500,000
- Program service revenue
- $1,700,330
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $574,884
- Total liabilities, end of year
- $421,884
- Net assets or fund balances, end of year
- $153,000
- Program services expenses (Part IX)
- $1,500,000
- Management and general expenses
- $199,783
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,500,000
Program services were 88.2% 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: ASSESSMENT REVENUE
total $1,700,330 · related or exempt $1,700,330
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,500,000 · program services $1,500,000
-
11a · Fees: management
total $99,610 · management and general $99,610
-
11b · Fees: legal
total $12,000 · management and general $12,000
-
11c · Fees: accounting
total $27,287 · management and general $27,287
-
11g · Fees: other
total $56,281 · management and general $56,281
-
13 · Office expenses
total $1,049 · management and general $1,049
-
23 · Insurance
total $3,556 · management and general $3,556
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $335,703 · end of year $574,884
-
4 · Accounts receivable
beginning of year $4,571
-
17 · Accounts payable and accrued expenses
beginning of year $16,151 · end of year $13,543
-
25 · Other liabilities
beginning of year $171,670 · end of year $408,341
-
27 · Net assets without donor restrictions
beginning of year $152,453 · end of year $153,000
Mission and programs · 2022
Mission
THE MISSION OF THE CORPORATION IS TO (1) FACILITATE THE MAINTENANCE, OPERATIONS, AND ENHANCEMENTS OF THE ROSE F. KENNEDY GREENWAY PARK (THE "GREENWAY") TO ENSURE THAT THE GREENWAY IS AND REMAINS A FIRST-CLASS PARK EQUITABLY ACCESSIBLE TO A DIVERSE RANGE OF BOSTON RESIDENTS AND VISITORS, (2) TO ENHANCE AND IMPROVE THE OVERALL EXPERIENCE FOR EVERYONE WHO WORKS OR LIVES IN THE DISTRICT OR VISITS THE GREENWAY, (3) TO DEVELOP ATTRACTIVE BUSINESS CONDITIONS THROUGHOUT THE BUSINESS IMPROVEMENT DISTRICT, AND (4) TO PRESERVE AND ENHANCE PROPERTY VALUES THROUGH THE DISTRICT.
Activities or mission (Part I)
GREENWAY BID FACILITATES THE MAINTENANCE, OPERATIONS, AND ENHANCEMENTS OF THE ROSE F. KENNEDY GREENWAY PARK (THE "GREENWAY") TO ENSURE THAT THE GREENWAY IS AND REMAINS A FIRST-CLASS PARK EQUITABLY ACCESSIBLE TO A DIVERSE RANGE OF BOSTON RESIDENTS AND VISITORS.
-
GREENWAY BID WAS INCORPORATED WITH THE SPECIFIC MISSION TO (1) FACILITATE THE MAINTENANCE, OPERATIONS, AND ENHANCEMENTS OF THE ROSE F. KENNEDY GREENWAY PARK ("GREENWAY") ENSURING THAT THE GREENWAY IS AND REMAINS A FIRST-CLASS PARK EQUITABLY ACCESSIBLE TO A DIVERSE RANGE OF BOSTON RESIDENTS AND VISITORS, (2) ENHANCE AND IMPROVE THE OVERALL EXPERIENCE FOR EVERYONE WHO WORKS OR LIVES IN THE BUSINESS IMPROVEMENT DISTRICT ("DISTRICT") OR VISITS THE GREENWAY, (3) DEVELOP ATTRACTIVE BUSINESS CONDITIONS THROUGHOUT THE DISTRICT, AND (4) PRESERVE AND ENHANCE PROPERTY VALUES THROUGH THE DISTRICT.
Expenses $1,500,000 · Grants $1,500,000 · Revenue $1,700,330
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Steve FaberSTEVE FABER
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Jack ClarkJACK CLARK
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Don Chiafaro JrDON CHIAFARO JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jessica HughesJESSICA HUGHES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jim TierneyJIM TIERNEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ron DrukerRON DRUKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nate HamiltonNATE HAMILTON
CLERK
- Total calculated
- $0
- Hours/week
- 1
-
Jenny MorseJENNY MORSE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dana WarrenDANA WARREN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Richard DiminoRICHARD DIMINO
EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 4 + 40 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
-
MAINTENANCE, OPERATIONS, AND ENHANCEMENTS OF THE ROSE F. KENNEDY GREEWAY PARK.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 20 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202302939349301110
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