2025-06-19T14:26:27-04:00 2024-09-30 521373858 DELEON & STANG CPAS AND ADVISORS 150 S EAST STREET FREDERICK MD 21701 990 2023-10-01 311795776 WASHINGTON DC ECONOMIC PARTNERSHIP WASH 2026618670 1495 F ST NW WASHINGTON DC 20004 DEREK FORD PRESIDENT & CEO 2026618670 2025-05-15 true false CLINT LEHMAN CPA P00840525 3012507400 2025-06-19 2023 2025-03-06 01:10:19Z WDCEP DEREK FORD 1495 F ST NW WASHINGTON DC 20004 4092884 false X WWW.WDCEP.COM X 2001 DC THE WASHINGTON, DC ECONOMIC PARTNERSHIP IS A PUBLIC-PRIVATE ORGANIZATION DEDICATED TO EXPANDING COMMERCE IN THE DISTRICT OF COLUMBIA. THE PARTNERSHIP IS AT THE FOREFRONT OF ATTRACTING NEW BUSINESS AND PROVIDING SERVICES TO GROWTH COMPANIES WITHIN THE DISTRICT. IT IS THE RECOGNIZED LEADER IN FORGING BUSINESS RELATIONSHIPS AMONG CORPORATE, CIVIC AND GOVERNMENT SECTORS THAT STRENGTHEN THE ECONOMIC VITALITY OF WASHINGTON, DC. ITS 501(C)(3) STRUCTURE EMPOWERS THE PARTNERSHIP TO COLLABORATE WITH ALL CONSTITUENT FACTORS IMPACTING SITE SELECTION, JOB CREATION AND COMMUNITY DEVELOPMENT AND IS PARTICULARLY COMMITTED TO IMPROVING UNDERSERVED AND EMERGING NEIGHBORHOODS. THROUGH ITS BEST-IN-CLASS RESEARCH AND MARKETING CAPABILITIES, THE WASHINGTON, DC ECONOMIC PARTNERSHIP FACILITATES GROWTH OPPORTUNITIES BY SHOWCASING INNOVATIVE COMMUNITIES, MENTORING TECHNOLOGY STARTUPS AND BRINGING TOGETHER THE INTERESTS OF RETAIL, MIXED-USE, PROFESSIONAL SERVICES AND COMMERCIAL DEVELOPMENT TO WASHINGTON, DC. 43 43 16 44 0 3697453 3460632 784717 632218 76 32 18117 2 4500363 4092884 0 0 1899489 1660320 0 0 2244625 2210191 4144114 3870511 356249 222373 3445803 3267810 2880081 2479715 565722 788095 X THE WASHINGTON, DC ECONOMIC PARTNERSHIP IS A PUBLIC-PRIVATE ORGANIZATION DEDICATED TO EXPANDING COMMERCE IN THE DISTRICT OF COLUMBIA. false false 1217996 632218 BUSINESS ATTRACTION, RETENTION, & EXPANSION BUSINESS RETENTION, EXPANSION, AND ATTRACTION (BREA) ACTIVITIES ARE FOUNDATIONAL FOR SUCCESSFUL ECONOMIC DEVELOPMENT. WDCEP'S BREA PROGRAMMING SUPPORTS THE DISTRICT'S ECONOMIC DEVELOPMENT STRATEGY(S) BY DIRECTLY TARGETING SPECIFIC VISION AND GOALS SUCH AS CREATING NEW JOBS IN HIGH- GROWTH SECTORS, ELIMINATING KEY AMENITY GAPS ACROSS ALL NEIGHBORHOODS (E.G. RETAIL ATTRACTION), NURTURING HIGH-GROWTH SECTORS BY ATTRACTING INVESTMENT AND SUPPORTING INNOVATION CLUSTERS, AND SUPPORTING AN URBAN CENTER THAT IS A DESTINATION OF CHOICE FOR INNOVATORS, JOB CREATORS, AND VISITORS. 1061759 MARKETING & PR WDCEP POSITIONS AND PROMOTES BUSINESS OPPORTUNITIES FOR THE PURPOSES OF ATTRACTING, RETAINING, AND EXPANDING BUSINESSES IN THE DISTRICT. THIS INCLUDES IMPLEMENTING A CONSISTENT, INTEGRATED MARKETING AND COMMUNICATIONS STRATEGY TO PROMOTE THE DISTRICT AS A PREMIER LOCATION TO DO BUSINESS AND GENERATE NEW BUSINESS ATTRACTION, RETENTION, AND EXPANSION LEADS. MARKETING EFFORTS SUPPORT THE DISTRICT'S ECONOMIC DEVELOPMENT STRATEGY(S) BY FOCUSING ON KEY "VISION THEMES" SUCH AS A DESTINATION OF CHOICE FOR INNOVATORS, JOB CREATORS, AND VISITORS; A PLACE WHERE PEOPLE CHOOSE TO LIVE, WORK, VISIT, AND THRIVE; AND THE DISTRICT'S VIBRANT NEIGHBORHOODS. 117546 ECONOMIC & MARKET INTELLIGENCE WDCEP PROVIDES FREE FOUNDATIONAL ECONOMIC DATA TOOLS AND INTERACTIVE ONLINE CONTENT TO PROVIDE HIGH-QUALITY DATA AND ECONOMIC ANALYSIS TO THE LOCAL AND NATIONAL BUSINESS COMMUNITY. INTERACTIVE CONTENT (E.G. ECONOMIC DEVELOPMENT MAPS) PROVIDES CRITICAL INSIGHT AND ANALYSIS INTO VARIOUS BUSINESS RESOURCES AND ESSENTIAL INDUSTRIES TO ATTRACT, RETAIN, AND EXPAND BUSINESSES IN THE DISTRICT. 738179 RETAIL DEVELOPMENT - EXPENSES ATTRIBUTED TO RETAIL DEVELOPMENT ARE INCURRED TO ATTRACT RETAILERS TO LOCATE IN WASHINGTON, DC'S DOWNTOWN COMMERCIAL DISTRICTS AND NEIGHBORHOOD AREAS. 738179 3135480 true true false false false false false false false false true false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 18 0 true 16 true false false false false false false false false X 43 43 false false false false false false false true true false false true true true true true true true false false X WDCEP 2026618670 1495 F ST NW WASHINGTON DC 20004 KEITH SELLARS FORMER PRESI 40.00 X X 206732 0 24246 CHAD SHUSKEY CHIEF OP. OF 40.00 X 170546 0 30397 SUZANNE WHITE VP REAL ESTA 40.00 X 154475 0 21194 AUDREY POLK VP CORP. ATT 40.00 X 155802 0 11396 DEREK FORD PRESIDENT & 40.00 X X 137353 0 22135 JEZANIAH KLINE MARKETING DI 40.00 X 111942 0 23491 NINA ALBERT CO-CHAIR 1.00 X X 0 0 0 JOSEPH ASKEW DIRECTOR 0.50 X 0 0 0 JACK BOARMAN DIRECTOR 0.50 X 0 0 0 KRISTINA BOUWEIRI DIRECTOR 0.50 X 0 0 0 ANITA BUTANI VICE CHAIR 1.00 X X 0 0 0 OLIVIA BYRNE OUTSIDE COUN 1.00 X X 0 0 0 DANIEL CARR DIRECTOR 0.50 X 0 0 0 WENDY FREEMAN CARR DIRECTOR 0.50 X 0 0 0 ELIZABETH COOPER DIRECTOR 0.50 X 0 0 0 ANITA COZART DIRECTOR 0.50 X 0 0 0 TIFFANY CROWE DIRECTOR 0.50 X 0 0 0 COLETTE DAFOE DIRECTOR 0.50 X 0 0 0 ELIZABETH DEBARROS DIRECTOR 0.50 X 0 0 0 JENNIFER EUGENE DIRECTOR 0.50 X 0 0 0 HAILEY FLEMING-PATEL DIRECTOR 0.50 X 0 0 0 LATOYA FOSTER DIRECTOR 0.50 X 0 0 0 AILEEN FUCHS DIRECTOR 0.50 X 0 0 0 ANGIE GATES DIRECTOR 0.50 X 0 0 0 DAVID GERMAKIAN DIRECTOR 0.50 X 0 0 0 BRIAN HANLON DIRECTOR 0.50 X 0 0 0 DAVID HARGADON TREASURER 1.00 X X 0 0 0 COLLEEN HAWKINSON DIRECTOR 0.50 X 0 0 0 ROSLYN HOPKINS-FERNANDES DIRECTOR 0.50 X 0 0 0 STANLEY JACKSON DIRECTOR 0.50 X 0 0 0 JAY KELLY DIRECTOR 0.50 X 0 0 0 CAROLINE KENNEY SECRETARY 1.00 X X 0 0 0 RICHARD LAKE AT-LARGE 1.00 X X 0 0 0 JAMES LERNER DIRECTOR 0.50 X 0 0 0 EVERETT LOTT DIRECTOR 0.50 X 0 0 0 VALENCIA MCCLURE DIRECTOR 0.50 X 0 0 0 OMAR MCINTOSH AT-LARGE 1.00 X X 0 0 0 MICHAEL MCPHILLIPS DIRECTOR 0.50 X 0 0 0 STEPHEN MILLER DIRECTOR 0.50 X 0 0 0 KRISTINA NOELL DIRECTOR 0.50 X 0 0 0 MICHAEL O'HARA CO-CHAIR 1.00 X X 0 0 0 ALTMANN PANNELL DIRECTOR 0.50 X 0 0 0 WILLIAM RICH DIRECTOR 0.50 X 0 0 0 TARA SCANLON DIRECTOR 0.50 X 0 0 0 JAMIE SCOTT DMPED REPRES 1.00 X X 0 0 0 ROSEMARY SUGGS-EVANS DIRECTOR 0.50 X 0 0 0 MARIA THOMPSON DIRECTOR 0.50 X 0 0 0 MITCH WEINTRAUD AT-LARGE 1.00 X X 0 0 0 KARIMA WOODS DIRECTOR 0.50 X 0 0 0 936850 132859 6 false true false PROSOURCING PARTNERS 8330 BOONE BLVD SUITE 350 VIENNA VA 22182 CONSULTING 154059 ELEVATION 3D 905 HARTFORD TURNPIKE SHREWSBURY MA 01545 MARKETING 148013 2 3437103 23529 3460632 SPONSORSHIP INCOME 900099 632218 632218 632218 32 32 OTHER INCOME 2 2 2 4092884 2 632250 344085 321158 22927 961971 897874 64097 72672 67830 4842 173905 162318 11587 107687 100512 7175 105519 54294 51225 225846 116206 109640 13754 3233 10521 191764 181473 10291 421029 323350 97679 76824 64842 11982 993794 838799 154995 6186 6186 111047 111047 29794 29794 PAYROLL PORCESSING FEES 16895 16895 DUES & SUBSCRIPTIONS 14148 14148 BANK FEES 3591 3591 3870511 3135480 735031 0 856965 895906 32156 32188 28000 240264 78941 47547 1381771 952769 540049 429002 1909692 1622903 3445803 3267810 240222 178549 249855 252254 2390004 2048912 2880081 2479715 X 565722 788095 565722 788095 3445803 3267810 222373 X false true X true false X 2404651 4463049 3262770 3697453 3460632 17288555 2404651 4463049 3262770 3697453 3460632 17288555 17288555 1099 2233 268 76 32 3708 25002 445950 687901 784717 632218 2575788 19868051 53287 0.87020 0.89740 X PART II, LINE 10 1,943,570 SUPPLEMENTAL INFORMATION THE 1,158,853 ABOVE IS COMPRISED OF THE CUMULATIVE TOTAL BELOW FROM THE FOLLOWING PREVIOUS YEARS' FORM 990. PART II, LINE 10 2019 - OTHER INCOME, 25,002 2020 - OTHER INCOME, 445,950 2021 - OTHER INCOME, 687,901 2022 - OTHER INCOME, 784,717 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 708687 316328 392359 673084 636441 36643 429002 OPERATING LEASE LIABILITY 2048912 2048912 X 4230999 138115 138115 4092884 4092884 4008626 138115 138115 3870511 3870511 SCHEDULE D, PAGE 3, PART X THE PARTNERSHIP COMPLIES WITH THE PROVISIONS OF THE FASB ACCOUNTING STANDARDS CODIFICATION TOPIC ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. FOR THE YEARS ENDED SEPTEMBER 30, 2024 AND 2023, NO UNRECOGNIZED TAX PROVISION OR BENEFIT EXISTS. THE PARTNERSHIP IS EXEMPT FROM FEDERAL INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. THE PARTNERSHIPS TAX RETURNS MAY BE SUBJECT TO AUDIT FOR THE THREE YEARS AFTER FILING; HENCE, THE PARTNERSHIPS TAX RETURNS FOR THE YEARS 2021 AND ONWARD ARE OPEN TO TAX EXAMINATION. X X X false false false false false false false false false KEITH SELLARS FORMER PRESIDENT-CEO 206732 9873 14373 230978 CHAD SHUSKEY CHIEF OP. OFFICER 170546 9981 20416 200943 SUZANNE WHITE VP REAL ESTATE SERV. 154475 7274 13920 175669 AUDREY POLK VP CORP. ATTRACTION 155802 1455 9941 167198 DEREK FORD PRESIDENT & CEO 137353 8442 13693 159488 FORM 990, PAGE 2, PART III, LINE 4D RETAIL DEVELOPMENT - EXPENSES ATTRIBUTED TO RETAIL DEVELOPMENT ARE INCURRED TO ATTRACT RETAILERS TO LOCATE IN WASHINGTON, DC'S DOWNTOWN COMMERCIAL DISTRICTS AND NEIGHBORHOOD AREAS. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE PRESIDENT OF THE ORGANIZATION, THE DIRECTOR OF OPERATIONS AND CHERRY BEKAERT FOR ACCURACY. THE BOARD IS PROVIDED WITH ACCESS TO FORM 990 PRIOR TO FILING FOR QUESTIONS AND COMMENTS. FORM 990, PAGE 6, PART VI, LINE 12C EACH BOARD MEMBER SIGNS THE CONFLICT OF INTEREST FORM EVERY FISCAL YEAR. OUR STAFF MONITORS ALL OF THE COMPANIES REPRESENTED BY THE BOARD USING SOCIAL MEDIA. FORM 990, PAGE 6, PART VI, LINE 15A THE PRESIDENT REPORTS DIRECTLY TO THE EXECUTIVE COMMITTEE; THE COMMITTEE IS RESPONSIBLE FOR ALL ANNUAL PERFORMANCE REVIEWS AND OVERSIGHT OF PRESIDENT'S DUTIES. THE EVALUATION IS BASED UPON MUTUALLY AGREED TO BENCHMARKS AND PERFORMANCE STANDARDS SET BY THE PRESIDENT AND THE EXECUTIVE COMMITTEE. THE PERFORMANCE BENCHMARKS INCLUDE ADMINISTRATIVE MATTERS, BUDGET OVERSIGHT, WORK PROGRAM DEVELOPMENT, FUNDRAISING, EXTERNAL PARTNERSHIPS, STRATEGIC PLANNING, WDCEP BRANDING, AND BOARD DEVELOPMENT. FORM 990, PAGE 6, PART VI, LINE 19 WDCEP MAKES GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.