2024-11-14T10:22:20-06:00 2024-06-30 541149263 YOUNT HYDE & BARBOUR PC 3110 FAIRVIEW PARK DR SUITE 1100 FALLS CHURCH VA 22042 990 2023-07-01 800724052 BALLSTON BUSINESS IMPROVEMENT DISTRICT BALL 7036641194 4600 N FAIRFAX DRIVE 100 ARLINGTON VA 22203 DUSTIN YOUNG TREASURER 7036641194 2024-11-14 1 1 CHRIS FRYE CPA P01068721 7032372500 2024-11-14 2023 2024-10-15 13:58:12Z DUSTIN YOUNG 4600 N FAIRFAX DRIVE NO 100 ARLINGTON VA 22203 1355569 0 X WWW.BALLSTONVA.ORG X 2011 VA THE BID'S MISSION IS TO ENSURE BALLSTON'S STATUS AS A PREMIER BUSINESS LOCATION WHERE TOP COMPANIES AND TALENT CHOOSE TO LOCATE AND GROW. 25 25 4 10 0 0 0 0 1524836 1345405 4062 10164 0 0 1528898 1355569 0 0 0 0 657351 771167 0 0 0 786225 743189 1443576 1514356 85322 -158787 944959 775813 80395 70036 864564 705777 BALLSTON BUSINESS IMPROVEMENT DISTRICT'S MISSION IS TO PRESERVE AND ENHANCE BALLSTON AS A VIBRANT, INNOVATIVE, AND ATTRACTIVE URBAN PLACE TO ENSURE THE COMPETITIVE SUCCESS OF ITS EXISTING AND FUTURE COMMERICAL PROPERTIES. 0 0 PUBLIC REALM AND BEAUTIFICATION - METRO/CANOPY PROJECT; MEDIAN LANDSCAPE AND MAINTENANCE; BANNERS AND SIGNAGE; PLACEMAKING PLAN. MARKETING AND PROMOTION - ADS; PRESS AND MEDIA RELATIONS; INFLUENCERS; MARKETING MATERIALS; WEBSITE AND SOCIAL MEDIA PAGES. COMMUNITY EVENTS AND OUTREACH - FARMER'S MARKET; MIX MADNESS; ANNUAL MEETING; SPONSORSHIPS; PROPERTY MANAGER MEETINGS; SIP AND MINGLES; SINGING TREE 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 18 0 1 4 1 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 7036641194 4600 N FAIRFAX DRIVE 100 ARLINGTON VA 22203 SIMON CARNEY PRESIDENT 5.00 X X 0 0 0 BOB WIBERG VICE PRESIDENT 5.00 X X 0 0 0 KEVIN SHOOSHAN VICE PRESIDENT 5.00 X X 0 0 0 DUSTIN YOUNG TREASURER 5.00 X X 0 0 0 TIM FRIEMEL SECRETARY 5.00 X X 0 0 0 MARK WITSCHORIK BOARD MEMBER 5.00 X 0 0 0 SHANNON FLANAGAN-WATSON BOARD MEMBER - COUNTY APPO 5.00 X 0 0 0 DAVID KINNEY BOARD MEMBER 5.00 X 0 0 0 BRAD SMITH BOARD MEMBER 5.00 X 0 0 0 LARRY SMITH BOARD MEMBER - COUNTY APPO 5.00 X 0 0 0 AMANDA TISCHLER BOARD MEMBER - CULTURE/REC 5.00 X 0 0 0 MARCUS ROBINSON BOARD MEMBER 5.00 X 0 0 0 MARK ZETLIN BOARD MEMBER 5.00 X 0 0 0 ALLYSON UGARTE BOARD MEMBER- CIVIC ASSOC 5.00 X 0 0 0 KIM STEIN VICE PRESIDENT (RETAIL BROKER) 5.00 X X 0 0 0 JUSTIN COOPER BOARD MEMBER 5.00 X 0 0 0 MATT DE FERRANTI BOARD MEMBER 5.00 X 0 0 0 VALERIE WEINER BOARD MEMBER (AED LIAISON) 5.00 X 0 0 0 AARON MOORE BOARD MEMBER (TENANT/RETAIL) 5.00 X 0 0 0 STACY FOSTER BOARD MEMBER (TENANT/OFFICE) 5.00 X 0 0 0 DAVID BAKER BOARD MEMBER - RESEARCH/TECHNOLOGY 5.00 X 0 0 0 TIFFANY HALLER BOARD MEMBER- OWNER $90M+ 5.00 X 0 0 0 JOHN DICAMILLO BOARD MEMBER 5.00 X 0 0 0 EVAN PRITCHARD BOARD MEMBER 5.00 X 0 0 0 SHANE POMAJAMBO BOARD MEMBER 5.00 X 0 0 0 TINA LEONE CHIEF EXECUTIVE OFFICER 50.00 5.00 X 309775 0 16891 309775 0 16891 1 0 1 0 0 ARLINGTON COUNTY CONTR 900099 1313954 1313954 OTHER PROGRAM REVENUE 900099 31451 31451 1345405 10164 10164 1355569 1345405 0 10164 349825 316500 10236 56199 38407 1563 54213 39073 128292 43547 44342 84820 4313 11695 20881 11496 COMMUNITY EVENTS 121089 ECONOMIC DEVELOPMENT CO 107712 BEAUTIFICATION 44471 COUNTY ADMINISTRATIVE F 25682 1514356 462902 94035 70488 464903 6500 4911 9000 9000 220305 204923 36263 15382 359806 187582 944959 775813 40435 31524 39960 38512 80395 70036 X 864564 705777 864564 705777 944959 775813 -158787 0 X X 0 1 X 1 0 21080 21080 0 199225 183843 15382 15382 DUE FROM ARLINGTON COUNTY 34910 DUE FROM BALLSTONGIVES 108324 SECURITY DEPOSIT 5836 RIGHT OF USE ASSET 38512 187582 LEASE LIABILITIES - CURRENT 38512 38512 X PART X, LINE 2: THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE COMBINED FINANCIAL STATEMENTS, ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE ORGANIZATION RECOGNIZES THE COMBINED FINANCIAL STATEMENT BENEFIT OF A TAX POSITION ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. FOR TAX POSITIONS MEETING THE MORE LIKELY THAN NOT THRESHOLD, THE AMOUNT RECOGNIZED IN THE COMBINED FINANCIAL STATEMENTS IS THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED, UPON ULTIMATE SETTLEMENT WITH THE RELEVANT TAX AUTHORITY. THE ORGANIZATION APPLIES THE ACCOUNTING STANDARD TO ALL TAX POSITIONS FOR WHICH THE STATUTE OF LIMITATIONS REMAINED OPEN. AS A RESULT, THE ORGANIZATION DID NOT IDENTIFY ANY MATERIAL UNCERTAIN TAX POSITIONS. X X X X 0 0 0 TINA LEONE CHIEF EXECUTIVE OFFICER 309775 0 0 0 0 0 7896 0 8995 0 326666 0 0 0 PART I LINE, LINE 3 CEO COMPENSATION IS REVIEWED BY A COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. AN INDEPENDENT SURVEY IS USED AS WELL AS A COMPARISON OF CEO COMPENSATION REPORTED ON MOST RECENT FORM 990'S FOR BIDS IN THE REGION. THE COMMITTEE DEVELOPS A WRITTEN CONTRACT WITH THE BID'S GENERAL COUNSEL. THE COMPENSATION COMMITTEE APPROVED THE AGREEMENT WHICH THEN IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION HAS VOTING AND NON-VOTING MEMBERS. A VOTING MEMBER OF THE CORPORATION MEANS AN OWNER OF REAL PROPERTY. THE BOARD MUST INCLUDE AT LEAST THIRTEEN COMMERCIAL REAL PROPERTY OWNERS, WITH THE REMAINDER TO INCLUDE AT LEAST THREE COMMERCIAL TENANTS, ONE REPRESENTATIVE FOR CULTURAL/RECREATIONAL INTERESTS AND ONE REPRESENTATIVE OF EDUCATIONAL/SCIENCE/TECHNOLOGY INTEREST AND TWO REPRESENTATIVES DESIGNATED BY THE BOARD. A NON-VOTING MEMBER IS NOT AN OWNER OF REAL PROPERTY, AND SHALL ONLY BECOME A NON-VOTING MEMBER UPON REGISTRATION WITH THE SECRETARY OF THE CORPORATION. A NON-VOTING MEMBER MUST RENEW HIS OR HER MEMBERSHIP IN CONJUNCTION WITH EACH ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7A AT EACH ANNUAL MEETING, ONLY THE VOTING MEMBERS (OWNERS OF REAL PROPERTY) SHALL ELECT DIRECTORS, (THE GOVERNING BODY). THE ELECTION OF THESE DIRECTORS SHALL CONSTITUTE THE ORGANIZATION'S GOVERNING BODY FOR THE UPCOMING FISCAL YEAR. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO PROGRAM SERVICE COMMITTEES, OTHER THAN THE EXECUTIVE COMMITTEE, WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION UTILIZES THE FOLLOWING FORM 990 REVIEW PROCESS: THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE CPA FIRM. THE RETURN IS PREPARED IN DRAFT FORM FOR AN INITIAL REVIEW BY THE ORGANIZATION'S FINANCE DIRECTOR AND THE ORGANIZATION'S TREASURER-DIRECTOR. AFTER THIS PHASE, THE RETURN IS ELECTRONICALLY E-MAILED TO THE GOVERNING BODY (BOARD OF DIRECTORS) FOR THEIR REVIEW AND COMMENTS. AFTER ALLOWING FOR A REASONABLE TIME FOR COMMENTS, THE TAX RETURN IS FINALIZED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. ALL BOARD MEMBERS ARE PRESENTED WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND ARE ASKED TO SIGN A "CODE OF CONDUCT", WHICH INCLUDES THE CONFLICT OF INTEREST POLICY. EACH PERSON AFFIRMS THEY HAVE READ THE POLICY AND AFFIRMS THEY HAVE NOT OBTAINED ANY FINANCIAL INTERESTS DURING THE PRECEDING YEAR THAT HAVE NOT BEEN DISCLOSED TO THE ORGANIZATION, AND FURTHER, NO NON-FINANCIAL INTEREST MATTERS HAVE ARISEN THAT WERE NOT PREVIOUSLY DISCLOSED. THE FORM ALSO PROVIDES EACH PERSON THE OPPORTUNITY TO DISCLOSE ANY CONFLICTING INTERESTS THEY MAY HAVE REGARDING THE OPERATIONS WITH THE ORGANIZATION. UPON DISCLOSURE OF FINANCIAL OR NON-FINANCIAL INTEREST AND OF ALL MATERIAL FACTS RELATING TO THE DISCLOSURE, AND AFTER DISCUSSION AMONG DISINTERESTED MEMBERS OF THE BOARD OF DIRECTORS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. THE POLICY SETS FORTH PROCEDURES FOR ADDRESSING THE UNDERLYING TRANSACTION OR ARRANGEMENT IS IN BALLSTON'S BID'S BEST INTERESTS, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THIS DETERMINATION, IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE ARRANGEMENT OR TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE CEO IS THE HIGHEST COMPENSATED EMPLOYEE IN THE ORGANIZATION. THE CEO'S SALARY IS EVALUATED ANNUALLY WITH PERFORMANCE FACTORS AS WELL AS COMPARABLE MARKET DATA TO DETERMINE A COMPENSATION RANGE THAT IS SIMILAR TO OTHERS IN THE INDUSTRY WITH LIKE RESPONSIBILITIES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE PROVIDED TO ALL BOARD OF DIRECTORS AND STAFF. THEY ARE AVAILABLE TO THE PUBLIC AT THE BID OFFICE. AN ANNUAL, UNAUDITED COMPARISON OF EXPENSES TO BUDGET ON A CASH BASIS IS PROVIDED IN MAY TO ATTENDEES AT THE CORPORATION'S ANNUAL MEETING. THE AUDITED FINANCIAL STATEMENTS COMPLETED AFTER THE END OF THE FISCAL YEAR (JUNE 30TH) ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. BALLSTONGIVES INC 4600 N FAIRFAX DRIVE SUITE 100 ARLINGTON VA 22203 475555799 SUPPORT CHARITABLE DEEDS OF THE BBID VA 501(C)(3) LINE 10 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0