2025-11-28T18:42:20-06:00 2024-12-31 994625061 CRI ADVISORS LLC TWO RIVERWAY 15TH FLOOR HOUSTON TX 77056 990 2024-01-01 473549741 MIDTOWN IMPROVEMENT AND DEVELOPMENT CORP MIDT 7135267577 410 PIERCE STREET SUITE 355 HOUSTON TX 77002 MATT THIBODEAUX SECRETARY/TREASURER 7135267577 2025-11-25 1 1 KRISTEN SIMPSON P01268482 7136218090 2025-11-17 2024 2025-03-06 01:10:19Z MIDTOWN PARK CONSERVANCY MATT THIBODEAUX 410 PIERCE STREET SUITE 355 HOUSTON TX 77002 2100609 0 X N/A X 2013 TX AID AND ASSIST THE MIDTOWN REDEVELOPMENT AUTHORITY OF THE CITY OF HOUSTON, TEXAS WITH THE IMPLEMENTATION OF THE PROJECT PLAN FOR THE REINVESTMENT ZONE NUMBER TWO, CITY OF HOUSTON, TEXAS, AND THE MIDTOWN MANAGEMENT DISTRICT, A SPECIAL DISTRICT CREATED UNDER CHAPTER 3809, TEXAS SPECIAL DISTRICT LOCAL LAWS CODE, WITH THE PROMOTION, DEVELOPMENT, ENCOURAGEMENT AND MAINTENANCE OF EMPLOYMENT, COMMERCE, TRANSPORTATION, HOUSING, TOURISM, RECREATION, THE ARTS, ENTERTAINMENT, ECONOMIC DEVELOPMENT, SAFETY AND THE PUBLIC WELFARE IN THE MIDTOWN AREA OF THE CITY OF HOUSTON, TEXAS. 4 4 0 0 0 0 1565777 1808464 0 0 12037 10775 218382 281370 1796196 2100609 0 0 0 0 667539 0 0 0 0 2046001 2063671 2713540 2063671 -917344 36938 984306 908803 333540 221099 650766 687704 X AID AND ASSIST THE MIDTOWN REDEVELOPMENT AUTHORITY OF THE CITY OF HOUSTON, TEXAS WITH THE IMPLEMENTATION OF THE PROJECT PLAN FOR THE REINVESTMENT ZONE NUMBER TWO, CITY OF HOUSTON, TEXAS, AND THE MIDTOWN MANAGEMENT DISTRICT, A SPECIAL DISTRICT CREATED UNDER CHAPTER 3809, TEXAS SPECIAL DISTRICT LOCAL LAWS CODE, WITH THE PROMOTION, DEVELOPMENT, ENCOURAGEMENT AND MAINTENANCE OF EMPLOYMENT, COMMERCE, TRANSPORTATION, HOUSING, TOURISM, RECREATION, THE ARTS, ENTERTAINMENT, ECONOMIC DEVELOPMENT, SAFETY AND THE PUBLIC WELFARE IN THE MIDTOWN AREA OF THE CITY OF HOUSTON, TEXAS. 0 0 1866921 AID AND ASSIST THE MIDTOWN REDEVELOPMENT AUTHORITY OF THE CITY OF HOUSTON, TEXAS WITH THE IMPLEMENTATION OF THE PROJECT PLAN FOR THE REINVESTMENT ZONE NUMBER TWO, CITY OF HOUSTON, TEXAS, AND THE MIDTOWN MANAGEMENT DISTRICT, A SPECIAL DISTRICT CREATED UNDER CHAPTER 3809, TEXAS SPECIAL DISTRICT LOCAL LAWS CODE, WITH THE PROMOTION, DEVELOPMENT, ENCOURAGEMENT AND MAINTENANCE OF EMPLOYMENT, COMMERCE, TRANSPORTATION, HOUSING, TOURISM, RECREATION, THE ARTS, ENTERTAINMENT, ECONOMIC DEVELOPMENT, SAFETY AND THE PUBLIC WELFARE IN THE MIDTOWN AREA OF THE CITY OF HOUSTON, TEXAS. 1866921 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 56 0 1 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X THE ORGANIZATION 7135267577 410 PIERCE STREET SUITE 355 HOUSTON TX 77002 X WILLIAM R FRANKS ACTING BOARD CHAIR 0.27 X X 0 0 0 MATT THIBODEAUX SECRETARY/TREASURER 0.27 X X 0 0 0 ABE S GOREN BOARD MEMBER 0.27 X 0 0 0 WILLIE T COLEMAN BOARD MEMBER 0.27 X 0 0 0 0 0 0 0 0 0 0 0 1808464 1808464 10775 10775 281370 0 281370 281370 281370 2100609 0 0 292145 X 42000 36357 5643 80148 69379 10769 578423 500707 77716 33533 6632 26901 4257 3685 572 851 168 683 18552 9202 9350 2835 1406 1429 1563 309 1254 31560 31560 LEGACY IMPROVEMENT PROJ 836530 836530 PARK SERIES 301449 301449 PARK PROGRAMMING 97865 88978 8887 MANAGEMENT AND GENERAL 21952 21952 12153 12119 34 2063671 1866921 196750 0 735993 504673 72274 247743 308097 174 23450 1563 0 21887 570 1698 984306 908803 327571 217230 5969 3869 333540 221099 X 100078 652 550688 687052 650766 687704 984306 908803 36938 0 X 0 1 X 1 0 X 1483794 2092576 1551921 2233316 1808464 9170071 1483794 2092576 1551921 2233316 1808464 9170071 0 0 0 9170071 970 1044 4699 12037 10775 29525 970 1044 4699 12037 10775 29525 1484764 2093620 1556620 2245353 1819239 9199596 0.99680 0.99790 0.00320 0.00210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23450 1563 21887 21887 X 2789512 688903 688903 2100609 0 2100609 2752574 688903 688903 2063671 0 2063671 PART X, LINE 2: THE CONSERVANCY IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS A PUBLIC CHARITY UNDER SECTION 509(A)(2). THE CONSERVANCY UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF DECEMBER 31, 2024 AND 2023, THE CONSERVANCY HAS NO UNCERTAIN TAX PROVISIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS SUBMITTED TO THE BOARD BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C COMPANY ANNUALLY GIVES OUT AN ADMINISTRATIVE POLICY AND PROCEDURES MANUAL WHICH INCLUDES CONFLICT OF INTEREST AND WHISTLEBLOWER POLICIES. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G SECURITY: PROGRAM SERVICE EXPENSES 340,154. MANAGEMENT AND GENERAL EXPENSES 52,797. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 392,951. PARK CLEANING & MAINTENANCE: PROGRAM SERVICE EXPENSES 10,981. MANAGEMENT AND GENERAL EXPENSES 1,704. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,685. PARKING GARAGE: PROGRAM SERVICE EXPENSES 48,218. MANAGEMENT AND GENERAL EXPENSES 7,484. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 55,702. EVENT PLANNER: PROGRAM SERVICE EXPENSES 61,028. MANAGEMENT AND GENERAL EXPENSES 9,472. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 70,500. COMMUNICATION CONSULTANT: PROGRAM SERVICE EXPENSES 40,326. MANAGEMENT AND GENERAL EXPENSES 6,259. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 46,585.