2024-12-02T07:09:42-06:00 2022-06-30 510232399 Belfint Lyons & Shuman PA 1011 Centre Rd Ste 310 Wilmington DE 19805 990 2021-07-01 510362299 WDBID Management Company WDBI 3024254200 409 N Orange Street Wilmington DE 19801 Michael Maggitti Executive Director 3024254200 2023-05-25 1 Jeffrey A Elwell CPA P00012195 3022250600 2023-05-24 2021 2024-10-15 13:58:12Z X Michael Maggitti 409 N Orange Street Wilmington DE 19801 3356215 0 X www.downtownwilmingtonde.com X 1994 DE 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. 32 31 67 0 0 0 624316 512969 2882885 2842018 2995 1228 0 0 3510196 3356215 31248 30000 0 0 2219656 2187243 0 0 0 966663 809898 3217567 3027141 292629 329074 3223637 2964018 1290998 702305 1932639 2261713 X 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. 0 0 1171771 1340058 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. 820238 1077455 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. 351531 30000 424505 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. 2343540 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 15 0 1 67 1 0 0 0 0 0 0 0 0 0 0 0 0 X 32 31 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 X X WDBID Management Company 3024254200 409 Orange Street Wilmington DE 19801 X Jeff Flynn Director 1.00 X 0 0 0 Julia Han Director 1.00 X 0 0 0 Hillary Patterson Esq Director 1.00 X 0 0 0 Peggy Strine Director - 1st Vice Chair 1.00 X X 0 0 0 Vito I DiMaio Director 1.00 X 0 0 0 Samira Aird Director 1.00 X 0 0 0 John Hawkins Director 1.00 X 0 0 0 Deborah Schwartz Director 1.00 X 0 0 0 Stan Soja Director 1.00 X 0 0 0 Adam Landis Esq Director - Chairman 1.00 X 0 0 0 Julie Topkis Nason Director 1.00 X 0 0 0 Honorable Stephanie Bolden Director 1.00 X 0 0 0 Vernita Dorsey Director 1.00 X 0 0 0 John Kaczowka Director 1.00 X 0 0 0 Kevin McGonegal Director 1.00 X 0 0 0 Jed Hatfield Director - 2nd Vice Chair 1.00 X X 0 0 0 Mark Fields Director 1.00 X 0 0 0 Michael Vanni Director 1.00 X 0 0 0 Honorable Ernest Trippi Congo Director 1.00 X 0 0 0 Mona Parikh Esq Director 1.00 X 0 0 0 Chief Robert Tracy Director 1.00 X 0 0 0 Andrew Levin director 1.00 X 0 0 0 Jaime Bohn Director 1.00 X 0 0 0 Bob Chadwick Director 1.00 X 0 0 0 Jean Dahlgren Director 1.00 X 0 0 0 Theresa Foraker MSN RN ONC Director 1.00 X 0 0 0 Sallie Hendricks Director 1.00 X 0 0 0 Thomas Hanson Esq Director 1.00 X 0 0 0 David Shelton Director 1.00 X 0 0 0 John Williams Esq Director 1.00 X 0 0 0 Danielle Andrisani Nowaczyki Esq Director 1.00 X 0 0 0 Michael Maggitti Executive Director 40.00 X X 130786 0 5885 Loshawn Maxwell Senior Director of Finance & Administration 40.00 X 116416 0 7281 Martin P Hageman Former Executive Director 40.00 X 137896 0 12140 385098 0 25306 3 1 1 0 0 426570 86399 512969 Income From Assessment 900099 2522342 2522342 Service Contracts 900099 261427 261427 Finance Charges 900099 58249 58249 2842018 1228 1228 3356215 2842018 0 1228 30000 30000 224122 180494 43628 1672033 1367505 304528 22733 13646 9087 45762 13956 31806 222593 185680 36913 10242 10242 43375 43375 41072 40995 77 11304 1602 9702 112341 99561 12780 7291 7291 6491 5517 974 65329 55530 9799 145523 117591 27932 Repairs & Maintenance 72417 69803 2614 Bad Debt Expense 61981 61981 Communications 47435 17539 29896 Fuel 47265 44999 2266 137832 99122 38710 3027141 2343540 683601 0 1858640 1641104 138496 76685 53948 47670 956793 685830 194374 270963 978179 927596 3223637 2964018 231791 263800 2047 2047 891713 436458 165447 0 1290998 702305 X 1612848 2000559 319791 261154 1932639 2261713 3223637 2964018 329074 0 X X 0 1 X 1 0 X 340832 487371 158261 624316 512969 2123749 2362235 2524771 2627471 2609921 2522342 12646740 2703067 3012142 2785732 3234237 3035311 14770489 14770489 2859 3362 2662 2995 1228 13106 14783595 1265315 0.99910 0.99900 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 236585 109571 127014 720208 576259 143949 270963 Receivable From Affiliate - WDBID Properties Company 326860 Investment in WDBID Properties Company 425621 Receivable From Affiliate - Clean and Safe Services Inc 171395 Contribution Receivable 3720 927596 X 3312871 18637 18637 3294234 61981 61981 3356215 2979615 14455 14455 2965160 61981 61981 3027141 Part X, Line 2: Deferred tax assets or liabilities are calculated based upon the future tax effects of differences between events recorded for book and tax purposes as of the balance sheet date. The deferred tax provision for the year is the net difference between changes in deferred tax assets or liabilities at the beginning and end of the year. Deferred taxes arise principally from the effect of available net operating losses. Part XI, Line 2d - Other Adjustments: Clean & Safe Services, Inc. Revenue 78,591. Intercompany Revenue Elimination -145,154. WDBID Properties, Inc. Revenue 85,200. Part XI, Line 4b - Other Adjustments: Bad Debt Expense 61,981. Part XII, Line 2d - Other Adjustments: Expenses WDBID Properties, Inc. 92,041. Expenses Clean & Safe Services, Inc. 67,568. Intercompany Expense Elimination -145,154. Part XII, Line 4b - Other Adjustments: Bad Debt Expense 61,981. 1 The Warner 927 LLC 1203 N Orange Street Wilmington DE 19801 820915458 30000 0 Reimbursement type grant, given to businesses in the Wilmington Business Improvement District for facade improvements. 1 Part I, Line 2: Grants are distributed based upon an approval process through the Facade Improvement Committee. Grants are reimbursement type, thus disbursements are approved prior to distribution to recipients. X 0 0 0 0 0 0 0 0 0 Martin P Hageman Former Executive Director 137896 0 0 0 0 0 6205 0 5935 0 150036 0 0 0 Michael Maggitti Executive Director 130786 0 0 0 0 0 5885 0 0 0 136671 0 0 0 Loshawn Maxwell Senior Director of Finance & Adminis 116416 0 0 0 0 0 5239 0 2042 0 123697 0 0 0 Amended Return In the originally filed 990 for WDBID Management Company, two errors were identified and require correction through this amended return: (1) Form 990, General Information Item J - Website: The web address provided for WDBID Management Company in the original filing was incorrect. (2) Form 990, Part VII, Column A & Form 990 Schedule J Part II - Correction of Name Spelling: The name of a highly compensated employee, Loshawn Maxwell, was misspelled in the original filing. Form 990, Part VI, Section B, line 11b The 990 is reviewed by the executive director and the Senior Director of Fiannce & Administration prior to filing. Form 990, Part VI, Section B, line 15a The executive committee of the board of directors meets annually in June to determine the compensation of the organization's executive director. Form 990, Part VI, Section C, line 18 The organization makes its tax returns available to the public upon request. Form 990, Part VI, Section C, line 19 The organization makes its governing documents and financial statements available to the public upon request. Form 990, Part XII, Line 2c: The audit committee, a sub-committee of the board of directors, oversees all activities related to the audit. No change from prior years. City of Wilmington Delaware 800 N French Street Wilmington DE 19801 Local Government DE 0 Clean & Safe Services Inc 409 N Orange Street Wilmington DE 19801 510414050 Cleaning and Safety Services DE N/A C 78591 44571 1.00000 0 WDBID Properties Company 409 N Orange Street Wilmington DE 19801 510399174 Hold real estate DE N/A C 85200 457745 1.00000 0 0 0 0 1 0 0 0 0 0 0 1 1 0 1 0 0 1 0 0 WDBID Properties Company D 326860 Intercompany Loans & Investment WDBID Properties Company K 85200 Annual Rent Clean & Safe Services Inc D 171395 Intercompany Loans Clean & Safe Services Inc L 59954 Shared Employee Compensation