Form 990 for tax year 2023

Totals

Total revenue

$5,080,607

Total expenses

$5,104,670

Contributions and grants received

$70,109

Grants paid

$0

Program service revenue

$5,010,498

Investment income

$0

Other revenue

$0

Total assets, end of year

$2,046,275

Total liabilities, end of year

$1,544,224

Net assets or fund balances, end of year

$502,051

Program services expenses (Part IX)

$4,436,723

Management and general expenses

$667,947

Fundraising expenses

$0

Program service expenses (Part III)

$4,436,723

Program services were 86.9% 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.

Mission and programs · 2023

• ESTABLISHED IN APRIL 2014, THE DOWNTOWN DETROIT BUSINESS IMPROVEMENT ZONE (BIZ) IS A SPECIAL ASSESSMENT DISTRICT FORMED BY PROPERTY OWNERS TO PROVIDE CLEANING, SAFETY AND LANDSCAPING SERVICES TO SUPPORT DOWNTOWN DETROIT. THE DOWNTOWN DETROIT BIZ CONTRACTS FOR SERVICES WITH THE DETROIT DOWNTOWN, INC. TO DELIVER BEHIND-THE-SCENES SUPPLEMENTAL SERVICES ON WHICH RESIDENTS, DOWNTOWN WORKERS, VISITORS, AND BUSINESS AND PROPERTY OWNERS RELY. THE BIZ'S ANNUAL BUDGET IS APPROXIMATELY $5.3M, GENERATED THROUGH ASSESSMENTS OF MORE THAN 500 COMMERCIAL PROPERTIES IN THE BIZ AREA. THE BIZ IS LED BY A BOARD OF DIRECTORS COMPRISED OF 16 VOLUNTEER REPRESENTATIVES OF DOWNTOWN'S DIVERSE BUSINESS COMMUNITY. THE BIZ AREA ENCOMPASSES 140 CITY BLOCKS IN A 1.1 SQUARE MILE AREA. STRETCHING BETWEEN THREE OF DOWNTOWN DETROIT'S MAJOR HIGHWAYS AND THE DETROIT RIVER.

  Expenses $4,436,723 · Revenue $5,010,498

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

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.

• DOWNTOWN DETROIT PARTNERSHIP INC

  501(C)(3) · PROMOTE A CLEAN AND SAFE DOWNTOWN · MI

• DETROIT 300 CONSERVANCY

  501(C)(3) · MAINTAIN AND PROGRAM CITY OF DETROIT OWNED PARKS · MI · controlled entity

  Directly controlled by DOWNTOWN DETROIT PARTNERSHIP INC

• DETROIT BELLE ISLE GRAND PRIX

  501(C)(3) · REVITALIZATION OF DETROIT · MI · controlled entity

  Directly controlled by DOWNTOWN DETROIT PARTNERSHIP INC

• DDP BIKE SHARE CORPORATION

  501(C)(3) · PUBLIC BIKE SHARE SYSTEM · MI · controlled entity

  Directly controlled by DOWNTOWN DETROIT PARTNERSHIP INC

Provenance

Return type

form_990

Tax year

2023

Filed

15 November 2024

IRS schema version

2023v5.1

Source object

202413209349325286

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