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Nonprofiteer
← CENTRAL ATLANTA PROGRESS INC

Form 990 for tax year 2022

Filed by CENTRAL ATLANTA PROGRESS INC.

Totals

Total revenue
$3,236,651
Total expenses
$2,911,580
Contributions and grants received
$978,252
Grants paid
$0
Program service revenue
$2,193,518
Investment income
$64,881
Other revenue
$0
Total assets, end of year
$5,889,005
Total liabilities, end of year
$1,237,948
Net assets or fund balances, end of year
$4,651,057
Program services expenses (Part IX)
$131,733
Management and general expenses
$2,779,847
Fundraising expenses
$0
Program service expenses (Part III)
$131,733

Program services were 4.5% 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.

  • 1b · Membership dues

    $978,252

  • 2a · Program service revenue: AFFILIATE SERVICES

    total $2,109,893 · related or exempt $2,109,893

  • 2b · Program service revenue: MARKETING SERVICE

    total $35,375 · related or exempt $35,375

  • 2c · Program service revenue: PROGRAM REVENUE

    total $28,250 · related or exempt $28,250

  • 2d · Program service revenue: MANAGEMENT FEES

    total $20,000 · related or exempt $20,000

  • 3 · Investment income

    total $123,221 · excluded $123,221

  • 7a · Gross sales of assets other than inventory

    securities $909,261

  • 7b · Less cost or other basis and sales expenses

    securities $967,601

  • 7c · Gain or loss

    securities -$58,340

  • 7d · Net gain or loss

    total -$58,340 · excluded -$58,340

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,071,615 · management and general $1,071,615

  • 7 · Other salaries and wages

    total $1,034,634 · management and general $1,034,634

  • 8 · Pension plan contributions

    total $37,326 · management and general $37,326

  • 9 · Other employee benefits

    total $76,736 · management and general $76,736

  • 10 · Payroll taxes

    total $122,374 · management and general $122,374

  • 11f · Fees: investment management

    total $12,680 · management and general $12,680

  • 11g · Fees: other

    total $80,789 · program services $36,086 · management and general $44,703

  • 12 · Advertising and promotion

    total $15,683 · program services $15,683

  • 13 · Office expenses

    total $22,640 · program services $1,017 · management and general $21,623

  • 14 · Information technology

    total $50,917 · management and general $50,917

  • 16 · Occupancy

    total $140,375 · management and general $140,375

  • 17 · Travel

    total $19,338 · management and general $19,338

  • 19 · Conferences, conventions and meetings

    total $12,621 · program services $7,522 · management and general $5,099

  • 22 · Depreciation, depletion and amortization

    total $13,414 · management and general $13,414

  • 23 · Insurance

    total $14,552 · management and general $14,552

  • 24a · Other expenses: PAYROLL FEES

    total $57,292 · management and general $57,292

  • 24b · Other expenses: ORGANIZATION SUPPORT

    total $40,507 · program services $40,507

  • 24c · Other expenses: COMMUNICATIONS

    total $35,843 · program services $11,405 · management and general $24,438

  • 24d · Other expenses: DUES AND SUBSCRIPTIONS

    total $32,043 · program services $4,597 · management and general $27,446

  • 24e · All other expenses

    total $20,201 · program services $14,916 · management and general $5,285

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $5,436,539 · end of year $4,630,054

  • 4 · Accounts receivable

    beginning of year $357,745 · end of year $715,284

  • 9 · Prepaid expenses and deferred charges

    beginning of year $27,566 · end of year $38,623

  • 10a · Land, buildings and equipment: cost or other basis

    $286,767

  • 10b · Land, buildings and equipment: accumulated depreciation

    $223,974

  • 10c · Land, buildings and equipment, net

    beginning of year $76,207 · end of year $62,793

  • 15 · Other assets

    beginning of year $81,484 · end of year $442,251

  • 17 · Accounts payable and accrued expenses

    beginning of year $678,775 · end of year $550,730

  • 19 · Deferred revenue

    beginning of year $231,121 · end of year $145,685

  • 25 · Other liabilities

    beginning of year $126,711 · end of year $541,533

  • 27 · Net assets without donor restrictions

    beginning of year $4,942,934 · end of year $4,651,057

Mission and programs · 2022

Mission

TO BUILD A 21ST CENTURY DOWNTOWN AS THE HEART OF THE ATLANTA REGION - A VIBRANT COMMUNITY WITH STRONG LEADERSHIP AND SUSTAINABLE INFRASTRUCTURE THAT IS SAFE, LIVABLE, DIVERSE, ECONOMICALLY VIABLE, ACCESSIBLE, CLEAN, HOSPITABLE AND ENTERTAINING.

Activities or mission (Part I)

TO BUILD A 21ST CENTURY DOWNTOWN AS THE HEART OF THE ATLANTA REGION - A VIBRANT COMMUNITY WITH STRONG LEADERSHIP AND SUSTAINABLE INFRASTRUCTURE THAT IS SAFE, LIVABLE, DIVERSE, ECONOMICALLY VIABLE, ACCESSIBLE, CLEAN, HOSPITABLE, AND ENTERTAINING.

  • MARKETING - CAP'S MARKETING EFFORTS HELP TO SHAPE POSITIVE ATTITUDES ABOUT THE ORGANIZATION AND DOWNTOWN ATLANTA AMONG A BROAD AND DIVERSE AUDIENCE. IMPACTFUL TACTICS RANGE FROM SPECIAL EVENTS AND SOCIAL MEDIA PROGRAMMING TO VIDEO PRODUCTION AND PROMOTIONAL PARTNERSHIPS.

    Expenses $120,368 · Revenue $35,375

  • CAP ANNUAL MEETING - AT THE ANNUAL MEETING, CAP PRESENTS OURSELVES TO OUR MEMBERS AND POTENTIAL MEMBERS TO SHOW WHAT WE HAVE ACCOMPLISHED AND WHAT WE CAN DO FOR THEM. IT IS OUR PREMIER SHOWCASE EVENT WITH MORE THAN 1,000 ATTENDEES. IT INCLUDES AWARDS FOR DOWNTOWN ADVOCATES AND THE INSTALLATION OF NEW MEMBERS OF THE BOARD OF DIRECTORS.

    Expenses $11,365 · Revenue $28,250

  • AFFILIATE SUPPORT SERVICES: PROVIDES MANAGEMENT AND ADMINISTRATIVE SERVICES TO AFFILIATE ORGANIZATIONS WHOSE PURPOSE IS TO PROMOTE AND REVITALIZE DOWNTOWN ATLANTA.

    Revenue $2,129,893

As filed on the 2022 return.

Listed in Part VII

  • Eddie Meyers

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Chris Ahrenkiel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Douglas Allen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Ambrish Baisiwala

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • Joselyn Baker

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Jerry Banks

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Brian Blake

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • Chris Bontrager

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Jim Borders

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Russ Brockelbank

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • David Brown

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Kevin Cantley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Susana Chavez

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • Brian Davis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • Jordan Dawson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Andrea Farley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • Frank Fernandez

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Keith Fleming

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Steve Forte

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Robert Fransen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Melissa Frawley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • Greg Hare

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Lisa Harris

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • Bill Hollett

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • Tina Houston

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Tad Hutcheson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Robyn Jackson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Matt Jacobs

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Josh Kamin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Patrick Kassin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Katie Kirkpatrick

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Eloisa Klementich

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Raymond King

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Brad Koeneman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Andrew Kohr

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Steve Labovitz

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • David Lee

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • Billy Linville

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Milton Little

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Robert Maricich

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • David Marvin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Suzanne Maynard

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • Derrick Morrow

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Camille Naughton

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • David Nelson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • Arun Nijhawan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Adam Oates

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • Daniel Owens

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • William Pate

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Egbert Perry

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • Frank Poe

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Drew Putt

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Erica Qualls-Battey

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Denise Quarles

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Ramon Reyes

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Richard Rosenblatt

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • Jerome Russell

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • Erwin Schinnerl

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Clark Seydel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Lain Shakespeare

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • David Smith

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Steven Taff

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Ron Tarson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • Jason Tatum

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • David Todd

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • Mark Vollbrecht

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • David Walmsley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Taylor White

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • Betty Willis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Alan Wise

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Tim McCarthy

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Brian McGowan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Glenn Mitchell

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Michael Montgomery

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Andrew Much

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Ansley Nixon

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Jarel Portman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Nic Roemer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • April Stammel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Miao Wang

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • Ryan Woods

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Scott Barr

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Terri Block

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • Cassie Branum

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Linda Bureau

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Sebastian Drapac

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Brian Fielden

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Greer Gallagher

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Sarba Bijoy Ghosh

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Johnna Goodmark

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Donna Hall

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • Robert Halverson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Robert Hughes

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Sonji Jacobs

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • Brett Jewkes

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • Alison Jones

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Trudy Kremer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Olaf Kunkat

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Shaneel Lalani

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Sean Lee

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • Melinda Little

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Aj Robinson

    PRESIDENT

    Total calculated
    $705,562
    From this org
    $686,512
    From related orgs
    $0
    Other
    $19,050
    Hours/week
    39.5 + 0.5 related

    Schedule J breakdown matched by us

    Base
    $453,012
    Bonus
    $233,500
    Other
    $0
    Deferred
    $11,400
    Nontaxable benefits
    $7,650
    Filer's total
    $705,562
  • Jennifer Ball

    CHIEF OPERATING OFFICER

    Total calculated
    $190,600
    From this org
    $177,033
    From related orgs
    $0
    Other
    $13,567
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $131,733
    Bonus
    $45,300
    Other
    $0
    Deferred
    $5,985
    Nontaxable benefits
    $7,582
    Filer's total
    $190,600
  • Wilma C Sothern

    VP, MARKETING

    Total calculated
    $175,453
    From this org
    $163,898
    From related orgs
    $0
    Other
    $11,555
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $126,098
    Bonus
    $37,800
    Other
    $0
    Deferred
    $4,244
    Nontaxable benefits
    $7,311
    Filer's total
    $175,453
  • Shayna Pollock

    DIRECTOR OF TRANSPORTATION

    Total calculated
    $121,938
    From this org
    $110,015
    From related orgs
    $0
    Other
    $11,923
    Hours/week
    40 + 1 related
  • Fredalyn Frasier

    PROJECT DIRECTOR, PLANNING

    Total calculated
    $116,567
    From this org
    $104,885
    From related orgs
    $0
    Other
    $11,682
    Hours/week
    40 + 1 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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee
  • 5a · Pay contingent on this organization's revenues

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
CENTRAL ATLANTA PROGRESS, INC. CONTRACTS WITH ATLANTA DOWNTOWN IMPROVEMENT DISTRICT, INC. (EIN 58-2218795) FOR GENERAL MANAGEMENT SERVICES. THE SENIOR STAFF OFFICERS ARE THE SAME FOR BOTH CENTRAL ATLANTA PROGRESS, INC., BUT ARE EMPLOYEES OF CENTRAL ATLANTA PROGRESS, INC. CENTRAL ATLANTA PROGRESS, INC.'S COMPENSATION AMOUNTS ARE PARTIALLY ALLOCATED TO ATLANTA DOWNTOWN IMPROVEMENT DISTRICT, INC. THE ALLOCATED AMOUNTS PAID TO CENTRAL ATLANTA PROGRESS, INC. ARE INCLUDED IN HTE SALARIES AND BENEFITS LISTED ON ATLANTA DOWNTOWN IMPROVEMENT DISTRICT, INC.'S FORM 990.
PART I, LINE 5
THE PRESIDENT'S EMPLOYMENT CONTRACT PROVIDES OPPORTUNITY FOR BONUS BASED ON SEVERAL FACTORS, INCLUDING REVENUES.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • CAPACITY INC

    501(C)(3) · ENHANCING VIABILITY OF CENTRAL ATLANTA · GA

    Directly controlled by CENTRAL ATLANTA PROGRESS INC

  • CENTENNIAL PARK DISTRICT

    501(C)(6) · SEE PART VII · GA

    Directly controlled by CENTRAL ATLANTA PROGRESS INC

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202303199349302085

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