2025-08-15T13:13:13-05:00 2024-09-30 420714325 RSM US LLP 919 EAST MAIN STREET SUITE 1800 RICHMOND VA 23219 990 2023-10-01 521318977 UNION STATION REDEVELOPMENT CORPORATION UNIO 2022220271 750 FIRST STREET NE 1010 WASHINGTON DC 20002 LEANDRO ZUCCHI CHIEF OPERATING OFFICER 2022220271 2025-08-15 1 1 MEREDITH BELL P01696827 8042822121 2025-08-15 2023 2025-03-06 01:10:19Z DOUGLAS CARR 750 FIRST STREET NE 1010 WASHINGTON DC 20002 15633015 0 X WWW.USRCDC.COM X 1983 DC MANAGEMENT OF THE RENOVATED AND REDEVELOPED FACILITIES OF WASHINGTON, DC'S UNION STATION THROUGH THE FEDERAL RAILROAD ADMINISTRATION. 5 5 9 5 0 0 0 147892 16041348 14211419 1033038 590873 0 4624 17074386 14954808 0 0 0 0 991977 1975675 0 0 0 11243732 9917127 12235709 11892802 4838677 3062006 164605650 159465325 27674664 20547964 136930986 138917361 X FOUNDED IN 1983, UNION STATION REDEVELOPMENT CORPORATION (USRC) IS A NONPROFIT ORGANIZATION CHARGED WITH THREE MAIN OBJECTIVES: TO PRESERVE AND RESTORE UNION STATION'S HISTORIC AND ARCHITECTURAL SIGNIFICANCE, MAINTAIN THE STATION'S LONG-TERM FUNCTION AS A MULTIMODAL TRANSPORTATION CENTER, AND ENHANCE THE RETAIL AND AMENITIES WITHIN THE STATION. 0 0 6291901 14211419 MANAGEMENT OF THE REDEVELOPED UNION STATION FACILITY UNDER THE PROVISIONS OF PUBLIC LAW 97-125, RELATED TO MAINTENANCE AND PRESERVATION OF THE STATION COMPLEX, LOCATED IN WASHINGTON, DC. ON JULY 22, 2004, USRC WAS RECLASSIFIED AS A CHARITABLE ORGANIZATION EXEMPTUNDER IRC SECTION 501(C)(3). 6291901 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X THE ORGANIZATION 2022220271 750 FIRST STREET NE 1010 WASHINGTON DC 20002 POLLY TROTTENBERG CHAIRMAN 2.00 X X 0 0 0 DENNIS NEWMAN VICE CHAIRMAN 2.00 X X 0 0 0 NINA ALBERT DIRECTOR 2.00 X 0 0 0 MAURA BROPHY DIRECTOR 2.00 X 0 0 0 REBECCA REYES - ALICEA DIRECTOR 2.00 X 0 0 0 MARIALUISA GALLOZZI SECRETARY 2.00 X 0 0 0 LEANDRO ZUCCHI TREASURER 2.00 X 0 0 0 DOUGLAS CARR PRESIDENT/CEO 40.00 X 318942 0 32246 SARAH MAYERSOHN ARCHIVE MANAGER (THRU 3/15/24) 40.00 X 111157 0 12832 CODY ZACCAGNINO PROJECT MANAGER 40.00 X 126913 0 24271 557012 0 69349 3 0 1 0 UNION STATION INVESTCO INC PO BOX 67207 NEWARK NJ 071014002 REAL ESTATE SERVICES 635060 COVINGTON & BURLING LLP 850 TENTH STREET NW WASHINGTON DC 20001 LEGAL SERVICES 604248 SCHINDLER ELEVATOR CORPORATION 6800 MUIRKIRK ROAD BELTSVILLE MD 20705 STRUCTURAL REPAIR SERVICES 393590 BUILDING INTELLIGENCE 14 EAST 47TH STREET 3RD FLOOR NEW YORK NY 10017 CONSULTING SERVICES 303161 STRUCTURAL PRESERVATION SYSTEMS LLC 6955 SAN TOMAS RD ELKRIDGE MD 21075 STRUCTURAL REPAIR SERVICES 228967 13 147892 147892 USI SHOPS/OFFICE RENT 532000 6228838 6228838 PARKING GARAGE RENT 532000 6206913 6206913 BUS DECK OPERATIONS 900099 946978 946978 USI LEASEHOLD IMPROVEMENTS 900099 828491 828491 USI TOUR REVENUE 900099 199 199 14211419 1269080 1269080 678207 -678207 -678207 -678207 MISCELLANEOUS INCOME 900099 4624 4624 4624 14954808 14211419 0 595497 X 324973 324973 1192063 1192063 88811 88811 264649 264649 105179 105179 1102923 1102923 207959 207959 1356500 100484 1256016 324718 324718 557614 557614 3325766 3302282 23484 212017 148412 63605 BUS DECK EXPENSES 1452179 1452179 POSESSORY INTEREST TAX 701921 701921 GARAGE/STATION PROJECTS 379170 379170 UNION STATION 2ND CENTU 253019 207453 45566 43341 43341 11892802 6291901 5600901 0 5049550 4301148 4329220 23973893 2817458 2689769 572894 414100 113905196 40772102 74639082 73133094 18539923 0 58657523 54953321 164605650 159465325 2856498 1999424 83333 0 18612254 17550719 6122579 997821 27674664 20547964 X 136930986 138591744 325617 136930986 138917361 164605650 159465325 3062006 -1071845 -3786 0 X 0 1 X 0 0 X X X 1 UNITED STATES OF AMERICA 000000000 6 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 X PART IV, SECTION E, LINE 1C: USRC WAS FORMED PURSUANT TO THE UNION STATION REDEVELOPMENT ACT OF 1981 (PUB. L. 97-125, 95 STAT. 1667) TO ASSIST THE FEDERAL GOVERNMENT IN REHABILITATING AND REDEVELOPING THE UNION STATION COMPLEX IN WASHINGTON DC AND THE SURROUNDING AREA. IT IS A PARTY TO A COOPERATIVE AGREEMENT WITH THE FEDERAL RAILROAD ADMINISTRATION AND THE NATIONAL RAILROAD PASSENGER CORPORATION. IT SUBMITS BUDGETS AND FINANCIAL REPORTS TO THOSE ORGANIZATIONS ANNUALLY, AND BOTH HAVE RIGHTS TO REVIEW AUDIT ITS OPERATIONAL COSTS. THE U.S. SECRETARY OF TRANSPORTATION, THE PRESIDENT OF THE NATIONAL RAILROAD PASSENGER CORPORATION AND THE FEDERAL RAILROAD ADMINISTRATOR COMPRISE A MAJORITY OF USRC'S BOARD OF DIRECTORS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 104674388 40042509 64631879 5705066 729593 4975473 3525742 3525742 73133094 DEPOSITS 328392 FUNDS HELD FOR CAPITAL MAINTENANCE 205213 DEFERRED RENT 52288572 DUE FROM RELATED PARTY 131 PASS THROUGH STATION MAINTENANCE FUND 401604 SWAP CONTRACT 1013697 RIGHT-OF-USE ASSET 676838 OTHER RECEIVABLES 38874 54953321 FUNDS HELD FOR CAPITAL MAINTENANCE 205213 LEASE LIABILITY 792608 997821 X 13882963 -1071845 -1071845 14954808 0 14954808 11892802 0 11892802 0 11892802 PART X, LINE 2: USRC HAS CONSIDERED ITS INCOME TAX POSITIONS, INCLUDING ANY POSITIONS THAT MAY BE CONSIDERED UNCERTAIN BY THE RELEVANT TAX AUTHORITIES IN THE JURISDICTIONS IN WHICH USRC OPERATES. AS OF SEPTEMBER 30, 2024 AND 2023, USRC HAD NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS OR UNRECOGNIZED TAX EXPOSURES. X 0 0 0 0 0 0 0 0 0 DOUGLAS CARR PRESIDENT/CEO 318942 0 0 0 0 0 22500 0 9746 0 351188 0 0 0 CODY ZACCAGNINO PROJECT MANAGER 126913 0 0 0 0 0 9045 0 15226 0 151184 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE PRESIDENT AND CEO OF USRC AND ANY EMPLOYEE DESIGNATED. IT IS ALSO DISTRIBUTED TO ALL USRC BOARD OF DIRECTOR DESIGNEES FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE ETHICS OFFICER PROVIDES THE ETHICS POLICY TO ALL BOARD MEMBERS AND HAS THE REPRESENTATIVES AND THEIR DESIGNEES COMPLETE AND RETURN AN ANNUAL CONFLICT OF INTEREST STATEMENT. ALSO, EACH EMPLOYEE IS PROVIDED THE CONFLICT OF INTEREST POLICY ON THEIR FIRST DAY OF EMPLOYMENT AND IS REQUIRED TO SIGN AND COMPLETE A CONFLICT OF INTEREST STATEMENT. ALL EMPLOYEES ARE REQUIRED TO SUBMIT A CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS. BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO SUBMIT A CONFLICT OF INTEREST DISCLOSURE STATEMENT AT ANY TIME A POTENTIAL CONFLICT ARISES. A POTENTIAL CONFLICT ARISES WHEN A DIRECTOR OR EMPLOYEE MAY RECEIVE A FINANCIAL OR OTHER SIGNIFICANT BENEFIT AS A RESULT OF THE INDIVIDUAL'S POSITION. IN CASES WHERE A DIRECTOR OR EMPLOYEE HAS AN ACTUAL OR APPARENT CONFLICT OF INTEREST, THE INDIVIDUAL WILL RECUSE VOLUNTARILY. THE ETHICS REVIEW COMMITTEE HOLDS THE AUTHORITY TO ORDER INVOLUNTARY RECUSAL IF THE DIRECTOR OR EMPLOYEE FAILS TO DO SO VOLUNTARILY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD AS SET FORTH IN SECTION 6104(D). FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 100,484. MANAGEMENT AND GENERAL EXPENSES 1,256,016. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,356,500.