Form 990 for tax year 2022
Filed by THE DOWNTOWNWATERFRONT BUSINESS IMPROVEMENT DISTRICT INC OF.
Totals
- Total revenue
- $1,907,579
- Total expenses
- $1,883,629
- Contributions and grants received
- $461,349
- Grants paid
- $0
- Program service revenue
- $1,445,761
- Investment income
- $469
- Other revenue
- $0
- Total assets, end of year
- $683,368
- Total liabilities, end of year
- $153,292
- Net assets or fund balances, end of year
- $530,076
- Program services expenses (Part IX)
- $1,702,170
- Management and general expenses
- $181,459
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,702,170
Program services were 90.4% 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.
-
1e · Government grants (contributions)
$461,349
-
2a · Program service revenue: TAX ASSESSMENTS
total $831,151 · related or exempt $831,151
-
2b · Program service revenue: PROMOTIONAL INCOME
total $605,983 · related or exempt $605,983
-
2c · Program service revenue: OTHER PROGRAM SERVICE REVENUE
total $8,627 · related or exempt $8,627
-
3 · Investment income
total $469 · excluded $469
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $118,000 · program services $94,400 · management and general $23,600
-
7 · Other salaries and wages
total $609,081 · program services $547,571 · management and general $61,510
-
9 · Other employee benefits
total $34,096 · program services $30,105 · management and general $3,991
-
10 · Payroll taxes
total $60,885 · program services $53,758 · management and general $7,127
-
11b · Fees: legal
total $1,944 · management and general $1,944
-
11c · Fees: accounting
total $40,925 · management and general $40,925
-
11g · Fees: other
total $47,081 · program services $26,850 · management and general $20,231
-
12 · Advertising and promotion
total $17,209 · program services $17,209
-
13 · Office expenses
total $49,628 · program services $39,873 · management and general $9,755
-
16 · Occupancy
total $44,108 · program services $35,286 · management and general $8,822
-
17 · Travel
total $207 · program services $166 · management and general $41
-
22 · Depreciation, depletion and amortization
total $16,790 · program services $16,790
-
23 · Insurance
total $61,686 · program services $58,173 · management and general $3,513
-
24a · Other expenses: FESTIVAL PROGRAMS
total $651,185 · program services $651,185
-
24b · Other expenses: QUALITY OF LIFE & SECURIT
total $70,816 · program services $70,816
-
24c · Other expenses: STREETSCAPE PROGRAM
total $57,627 · program services $57,627
-
24d · Other expenses: BAD DEBT EXPENSE
total $2,361 · program services $2,361
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $228,516 · end of year $286,675
-
2 · Savings and temporary cash investments
beginning of year $20,011
-
3 · Pledges and grants receivable
beginning of year $190,000 · end of year $194,500
-
4 · Accounts receivable
beginning of year $86,322 · end of year $69,441
-
9 · Prepaid expenses and deferred charges
beginning of year $39,239 · end of year $21,200
-
10a · Land, buildings and equipment: cost or other basis
$348,854
-
10b · Land, buildings and equipment: accumulated depreciation
$301,766
-
10c · Land, buildings and equipment, net
beginning of year $46,878 · end of year $47,088
-
15 · Other assets
beginning of year $2,014 · end of year $64,464
-
17 · Accounts payable and accrued expenses
beginning of year $89,560 · end of year $90,842
-
19 · Deferred revenue
beginning of year $17,294
-
25 · Other liabilities
end of year $62,450
-
27 · Net assets without donor restrictions
beginning of year $506,126 · end of year $530,076
Mission and programs · 2022
Mission
THE YONKERS DOWNTOWN/WATERFRONT BUSINESS IMPROVEMENT DISTRICT SHALL SERVE THE SPECIAL IMPROVEMENT DISTRICT IDENTIFIED WITHIN ITS GEOGRAPHICALLY SPECIFIED BOUNDS, THE YONKERS BUSINESS COMMUNITY AND THE CITY OF YONKERS TO FORMULATE, PROMOTE AND IMPLEMENT THE ECONOMIC REVITALIZATION AND GENERAL WELFARE OF THE DISTRICT AND THE CITY, PROMOTE AND PRESERVE THE CULTURAL, HISTORIC, TOURIST AND CIVIC INTERESTS OF THE DISTRICT AND THE CITY; MOBILIZE AVAILABLE PUBLIC AND PRIVATE RESOURCES FOR THESE PURPOSES; PROVIDE A MECHANISM BY WHICH SERVICE FIRMS, RETAIL ESTABLISHMENTS, PROPERTY OWNERS, EMPLOYERS, CITIZENS, AND OTHERS CAN COOPERATE TO PROMOTE BUSINESS OPPORTUNITIES, EMPLOYMENT, CONSUMER CHOICES, SHOPPERS' FACILITIES, AND THE GENERAL CIVIC INTERESTS; AND AID, WORK WITH, AND PARTICIPATE IN THE ACTIVITIES OF OTHER ORGANIZATIONS, INDIVIDUALS AND PUBLIC AND PRIVATE ENTITIES WITHIN AND OUTSIDE THE CITY ENGAGED IN SIMILAR ACTIVITES.
-
THE BID DELIVERS SERVICES SUCH AS PUBLIC SAFETY AND VISITOR SERVICES, MARKETING AND PROMOTIONAL PROGRAMS, CAPITAL IMPROVEMENTS AND BEAUTIFICATION IN DOWNTOWN WATERFRONT YONKERS DISTRICT. THE SERVICES PROVIDED ARE SUPPLEMENTAL TO THE SERVICE PROVIDED TO THE DISTRICT BY THE CITY OF YONKERS.
Expenses $1,702,170 · Revenue $1,445,761
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Ken DeardenKEN DEARDEN
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Avi AaronsAVI AARONS
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Roger Ayusountil422ROGER AYUSOUNTIL422
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Hon Mike SpanoHON MIKE SPANO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Shanae WilliamsSHANAE WILLIAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
John LiszewskiJOHN LISZEWSKI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Garry KleinGARRY KLEIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Robert HothanROBERT HOTHAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Philip GesuePHILIP GESUE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Anthony LandiANTHONY LANDI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Cecilia Zuniga Espirituuntil 422CECILIA ZUNIGA ESPIRITUUNTIL 422
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Michael MitnickMICHAEL MITNICK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Andrew RomanoANDREW ROMANO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Richard SteinRICHARD STEIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Sabrina MoranSABRINA MORAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Sara BrodySARA BRODY
EXECUTIVE DI
- Total calculated
- $120,115
- From this org
- $120,115
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 2 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202342919349300114
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