2025-07-24T16:42:11-04:00 2024-12-31 141800427 CUSACK & COMPANY CPAS LLC 7 AIRPORT PARK BLVD LATHAM NY 12110 990 2024-01-01 364465022 DOWNTOWN SCHENECTADY IMPROVEMENT CORPORATION DOWN 5183779430 740 UNION STREET 3RD FLOOR SCHENECTADY NY 12305 MAUREEN NEUFELD EXECUTIVE DIRECTOR 5183779430 2025-07-24 true true JASON D MARRA CPA P00700955 5187863550 2025-07-24 X 2024 2025-03-06 01:10:19Z X MAUREEN NEUFELD 740 UNION STREET 3RD FLOOR SCHENECTADY NY 12305 861146 false X WWW.DOWNTOWNSCHENECTADY.ORG X 1978 OUR MISSION IS TO PROMOTE DOWNTOWN SCHENECTADY AS A PREMIER LOCATION FOR COMMERCE, RECREATION AND RESIDENCE BY ENHANCING, FACILITATING AND SUPPORTING ECONOMIC GROWTH. 10 10 17 0 1020542 318818 480650 537355 5787 4973 9383 0 1516362 861146 0 0 580775 591834 0 60493 996552 332280 1577327 924114 -60965 -62968 752540 609319 181041 100788 571499 508531 OUR MISSION IS TO PROMOTE DOWNTOWN SCHENECTADY AS A PREMIER LOCATION FOR COMMERCE, RECREATION AND RESIDENCE BY ENHANCING, FACILITATING AND SUPPORTING ECONOMIC GROWTH. false false 589085 410512 ENVIRONMENTAL ENHANCEMENT - CONSIDERS THE CLEANLINESS AND VISUAL APPEAL OF DOWNTOWN SCHENECTADY TO BE AN ESSENTIAL PART OF ALL OTHER REDEVELOPMENT EFFORTS THROUGHOUT OUR DISTRICT. DAILY SIDEWALK MAINTENANCE, SEASONAL HANGING BASKETS, LANDSCAPING AND WINTER HOLIDAY DECORATIONS ARE JUST A FEW WAYS THAT WE ACHIEVE THIS GOAL. 182022 126844 BUSINESS PROMOTION MARKETING PROGRAM - TO PROMOTE DOWNTOWN SCHENECTADY AS A DESTINATION FOR SHOPPING, DINING, RECREATION AND ENTERTAINMENT, AS WELL AS AN IDEAL PLACE TO LOCATE PROFESSIONAL OFFICES RANGING FROM SINGLE PROPRIETORSHIPS TO MAJOR CORPORATE HEADQUARTERS. 771107 true true false false false false false false false false true false false true true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 8 0 true 17 true false false false false false false false false false false false false false false X 10 10 false false false false false false false true true false false true true true true false true true false false NY X MAUREEN NEUFELD 5183779430 740 UNION STREET 3RD FLOOR SCHENECTADY NY 12305 MAUREEN NEUFELD EXECUTIVE DI 40.00 X 82212 0 0 HEATHER PETERSON PRESIDENT 2.00 X X 0 0 0 AUSTIN FISHER VICE PRESIDE 2.00 X X 0 0 0 RAY LEGERE SECRETARY 2.00 X X 0 0 0 ANDREA CORTELYOU TREASURER 2.00 X X 0 0 0 MICHAEL BURNS BOARD MEMBER 1.00 X 0 0 0 MITCH RAMSEY BOARD MEMBER 1.00 X 0 0 0 PHIL WAJDA BOARD MEMBER 1.00 X 0 0 0 BASHIR CHEDRAWEE BOARD MEMBER 1.00 X 0 0 0 ELLEN MCHALE BOARD MEMBER 1.00 X 0 0 0 TATE OTTATI BOARD MEMBER 1.00 X 0 0 0 82212 false false false 275000 43818 318818 ASSESSMENT REVENUE 380000 380000 TICKET SALES 72465 72465 LANDSCAPING SERVICES 57396 57396 OTHER INCOME 27494 27494 537355 4973 4973 861146 537355 4973 82212 46778 25075 10359 399314 342882 48649 7783 5542 4219 1152 171 37622 36671 374 577 67144 54847 10040 2257 13911 13911 7661 7306 147 208 66468 62957 1454 2057 38118 34169 1635 2314 32017 28700 1374 1943 PROFESSIONAL SERVICES 45632 42905 2727 PROGRAM EVENT EXPENSES 39734 10608 29126 MAINT CONTRACT SERVICES 21687 21687 LANDSCAPING 18035 18035 49017 45432 2614 971 924114 771107 92514 60493 238889 123385 180418 185391 68750 143433 21499 3704 336219 238107 136230 98112 106754 55294 752540 609319 67711 39218 6576 6276 106754 55294 181041 100788 X 571499 508531 571499 508531 752540 609319 -62968 X false true X true false X 444137 313292 339840 1020542 318818 2436629 305160 305160 330000 355000 380000 1675320 749297 618452 669840 1375542 698818 4111949 4111949 5627 4647 3430 5787 4973 24464 4136413 2214190 0.99410 0.80250 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 232039 199899 32140 104180 38208 65972 98112 RIGHT OF USE ASSET 55294 55294 LEASE PAYABLE CURRENT 34179 LEASE PAYABLE LONG-TERM 21115 55294 X 862646 1500 1500 861146 861146 925614 1500 1500 924114 924114 SCHEDULE D, PAGE 3, PART X THE ACCOUNTING STANDARDS CODIFICATION REQUIRED ENTITIES TO DISCLOSE IN THEIR FINANCIAL STATEMENTS THE NATURE OF ANY UNCERTAINTY IN THEIR TAX POSITION. THE ORGANIZATION HASN OT RECOGNIED ANY BENEFITS OR LIABILITIES FROM UNCERTAIN TAX POSITIONS IN TEH CURRENT YEAR AND BEILIVES IT HAS NO UNCERTAIN TAX POSITIONS IN 2024 FOR WHICH IT IS REASONABLY PROBABLY THAT WILL SIGNIFICANTLY INCREASE OR DECREASE NET ASSETS. GENERALLY, FEDERAL AND STATE AUTHORITIES MAY EXAMINE THE ORGANIZATION'S TAX RETURNS FOR THREE YEARS FROM TEH DATE OF FILING; CONSEQUENTLY, TAX-EXEMPT RETURNS FOR YEARS PRIOR TO 2021 ARE NO LONGER SUBJECT TO EXAMINATION BY TAX AUTHORITIES. FORM 990, PAGE 6, PART VI, LINE 11B THE EXECUTIVE DIRECTOR AND TREASURER OF THE BOARD REVIEW FORM 990 FOR ACCURACY AND COMPLETENESS. ALL BOARD MEMBERS ARE PROVIDED A DRAFT COPY OF FORM 990 IN ADVANCE BEFORE FILING. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS AND KEY STAFF SIGN ANNUAL CONFLICT OF INTEREST FORMS. ALL ARE ASKED TO DISCLOSE ANY CONFLICTS PRIOR TO SUBSTANTIVE ACTION BY THE BOARD AND ABSTAIN FROM VOTING IF NECESSARY. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE DIRECTOR IS HIRED AND COMPENSATED BASED ON THE APPROVAL OF THE FULL BOARD. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.