Totals
- Total revenue
- $3,057,635
- Total expenses
- $3,082,995
- Contributions and grants received
- $217,264
- Grants paid
- $17,500
- Program service revenue
- $2,830,568
- Investment income
- $9,803
- Other revenue
- $0
- Total assets, end of year
- $2,985,347
- Total liabilities, end of year
- $748,994
- Net assets or fund balances, end of year
- $2,236,353
- Program services expenses (Part IX)
- $2,584,116
- Management and general expenses
- $491,152
- Fundraising expenses
- $7,727
- Program service expenses (Part III)
- $2,584,116
Program services were 83.8% 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)
$21,641
-
1f · All other contributions, gifts and grants
$195,623
-
2a · Program service revenue: Income From Assessment
total $2,579,888 · related or exempt $2,579,888
-
2b · Program service revenue: Service Contracts
total $168,673 · related or exempt $168,673
-
2c · Program service revenue: Finance Charges
total $82,007 · related or exempt $82,007
-
3 · Investment income
total $1,053 · excluded $1,053
-
7a · Gross sales of assets other than inventory
other assets $8,750
-
7b · Less cost or other basis and sales expenses
other assets $0
-
7c · Gain or loss
other assets $8,750
-
7d · Net gain or loss
total $8,750 · excluded $8,750
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $17,500 · program services $17,500
-
5 · Compensation of officers, directors and key employees
total $285,312 · program services $236,127 · management and general $49,185
-
7 · Other salaries and wages
total $1,709,939 · program services $1,622,845 · management and general $87,094
-
8 · Pension plan contributions
total $22,491 · program services $22,491
-
9 · Other employee benefits
total $16,384 · program services $16,384
-
10 · Payroll taxes
total $223,340 · program services $189,175 · management and general $34,165
-
11b · Fees: legal
total $5,449 · management and general $5,449
-
11c · Fees: accounting
total $37,278 · management and general $37,278
-
11e · Fees: professional fundraising services
total $7,727 · fundraising $7,727
-
12 · Advertising and promotion
total $54,921 · program services $54,921
-
13 · Office expenses
total $8,907 · program services $96 · management and general $8,811
-
16 · Occupancy
total $89,517 · program services $76,737 · management and general $12,780
-
19 · Conferences, conventions and meetings
total $8,598 · management and general $8,598
-
20 · Interest
total $6,072 · program services $5,161 · management and general $911
-
22 · Depreciation, depletion and amortization
total $72,072 · program services $61,261 · management and general $10,811
-
23 · Insurance
total $132,146 · program services $106,654 · management and general $25,492
-
24a · Other expenses: Bad Debt Expense
total $139,957 · management and general $139,957
-
24b · Other expenses: Repairs & Maintenance
total $62,645 · program services $57,580 · management and general $5,065
-
24c · Other expenses: Communications
total $55,629 · program services $18,252 · management and general $37,377
-
24d · Other expenses: Fuel
total $40,678 · program services $37,534 · management and general $3,144
-
24e · All other expenses
total $86,433 · program services $61,398 · management and general $25,035
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $1,641,104 · end of year $1,594,282
-
4 · Accounts receivable
beginning of year $76,685 · end of year $114,096
-
9 · Prepaid expenses and deferred charges
beginning of year $47,670 · end of year $47,351
-
10a · Land, buildings and equipment: cost or other basis
$1,058,039
-
10b · Land, buildings and equipment: accumulated depreciation
$730,475
-
10c · Land, buildings and equipment, net
beginning of year $270,963 · end of year $327,564
-
15 · Other assets
beginning of year $927,596 · end of year $902,054
-
17 · Accounts payable and accrued expenses
beginning of year $263,800 · end of year $219,505
-
19 · Deferred revenue
beginning of year $2,047 · end of year $8,974
-
23 · Secured mortgages and notes payable
beginning of year $436,458 · end of year $406,307
-
25 · Other liabilities
beginning of year $0 · end of year $114,208
-
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 $2,261,713 · end of year $2,236,353
Mission and programs · 2022
Mission
WDBID Management Company (Downtown Visions) was established to create a safer, cleaner and well-managed central business district (City). Downtown Visions programs are designed to supplement City services in the areas of crime prevention and control, sidewalk cleaning and general pedestrian assistance within the district. Downtown Visions also provides marketing and promotional activities designed to enhance the image of the business district.
-
Safety Division Programs - Aid in crime reduction and enhance the perception of safety in downtown Wilmington. Downtown Visions offers a range of services to property owners, businesses, residents, and visitors.
Expenses $1,247,671 · Revenue $1,382,840
-
Cleaning Division Programs - Helping to keep Downtown Wilmington clean is a key mission for Downtown Visions. Our Cleaning Ambassador crews supplement the services of the City of Wilmington to provide premium cleaning results. This ensures that Wilmington's streets and sidewalks are clean and graffiti-free and that downtown presents a neat, welcoming environment each and every morning.
Expenses $873,369 · Revenue $1,027,307
-
Marketing and Promotion Programs - Downtown Visions also provides marketing and promotional activities designed to enhance the image of the business district, including grants to facilitate upgrades to the face of buildings and storefronts.
Expenses $463,076 · Grants $17,500 · Revenue $420,421
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Joseph Guzzardo
Director
- Total calculated
- $0
- Hours/week
- 1
-
Julia Han
Director
- Total calculated
- $0
- Hours/week
- 1
-
Hillary Patterson Esq
Director
- Total calculated
- $0
- Hours/week
- 1
-
Peggy Strine
Director - 1st Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Vito I DiMaio
Director
- Total calculated
- $0
- Hours/week
- 1
-
Samira Aird
Director
- Total calculated
- $0
- Hours/week
- 1
-
John Hawkins
Director
- Total calculated
- $0
- Hours/week
- 1
-
Deborah Schwartz
Director
- Total calculated
- $0
- Hours/week
- 1
-
Stan Soja
Director
- Total calculated
- $0
- Hours/week
- 1
-
Adam Landis Esq
Director - Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Julie Topkis Nason
Director
- Total calculated
- $0
- Hours/week
- 1
-
Honorable Stephanie Bolden
Director
- Total calculated
- $0
- Hours/week
- 1
-
Vernita Dorsey
Director
- Total calculated
- $0
- Hours/week
- 1
-
John Kaczowka
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kevin McGonegal
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jed Hatfield
Director - 2nd Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Randy Kunkle
Director
- Total calculated
- $0
- Hours/week
- 1
-
Michael Vanni
Director
- Total calculated
- $0
- Hours/week
- 1
-
Honorable Ernest Trippi Congo
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mona Parikh Esq
Director
- Total calculated
- $0
- Hours/week
- 1
-
Chief Wilfredo Campos
Director
- Total calculated
- $0
- Hours/week
- 1
-
Sean Park
director
- Total calculated
- $0
- Hours/week
- 1
-
Jaime Bohn
Director
- Total calculated
- $0
- Hours/week
- 1
-
Bob Chadwick
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jean Dahlgren
Director
- Total calculated
- $0
- Hours/week
- 1
-
Theresa Foraker MSN RN ONC
Director
- Total calculated
- $0
- Hours/week
- 1
-
Sallie Hendricks
Director
- Total calculated
- $0
- Hours/week
- 1
-
Thomas Hanson Esq
Director
- Total calculated
- $0
- Hours/week
- 1
-
David Shelton
Director
- Total calculated
- $0
- Hours/week
- 1
-
John Williams Esq
Director
- Total calculated
- $0
- Hours/week
- 1
-
Danielle Andrisani Nowaczyki Esq
Director
- Total calculated
- $0
- Hours/week
- 1
-
Michael Maggitti
Executive Director
- Total calculated
- $155,269
- From this org
- $149,549
- From related orgs
- $0
- Other
- $5,720
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $149,549
- Bonus
- $0
- Other
- $0
- Deferred
- $5,720
- Nontaxable benefits
- $0
- Filer's total
- $155,269
-
Pamela Manocchio
director
- Total calculated
- $0
- Hours/week
- 1
-
Loshawn Maxwell
Senior Director of Finance
- Total calculated
- $125,202
- From this org
- $118,521
- From related orgs
- $0
- Other
- $6,681
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $118,521
- Bonus
- $0
- Other
- $0
- Deferred
- $4,370
- Nontaxable benefits
- $2,311
- Filer's total
- $125,202
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
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 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
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
-
Saville Deerot LLC
$10,000
Reimbursement type grant, given to businesses in the Wilmington Business Improvement District for fit-out improvements.
-
The Warner 927 LLC
$7,500
Reimbursement type grant, given to businesses in the Wilmington Business Improvement District for facade improvements.
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.
-
City of Wilmington Delaware
Local Government · DE
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.
-
Clean & Safe Services Inc
C · Cleaning and Safety Services · DE · 100% owned · share of income $44,324 · share of assets $43,002
-
WDBID Properties Company
C · Hold real estate · DE · 100% owned · share of income $85,200 · share of assets $428,951
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 18 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401359349300435
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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