2026-02-04T08:19:05-06:00 2025-06-30 134260189 BOISSELLE MORTON & WOLKOWICZ LLP 48 BAY ROAD PO BOX 374 HADLEY MA 01035 990 2024-07-01 455243811 AMHERST BUSINESS IMPROVEMENT DISTRICT INC AMHE 4133452945 35 SOUTH PLEASANT STREET AMHERST MA 01002 SHARON POVINELLI TREASURER 4133452945 2026-01-27 1 0 JOSEPH P WOLKOWICZ CPA P00734754 4135870099 2026-01-27 2024 2025-03-06 01:10:19Z BARRY ROBERTS 35 SOUTH PLEASANT STREET AMHERST MA 01002 638493 0 X WWW.AMHERSTDOWNTOWN.COM X 2012 MA ENHANCING DOWNTOWN AMHERST'S VITALITY THROUGH MARKETING, EVENTS,(CONTINUED ON SCHEDULE O) SMALL BUSINESS SUPPORT, AND BEAUTIFICATION. 15 15 5 15 0 0 32000 32500 540122 605029 526 198 10574 766 583222 638493 63000 40500 0 0 206301 169419 0 0 0 211408 285649 480709 495568 102513 142925 629898 775883 77481 80541 552417 695342 X THE MISSION OF THE AMHERST BUSINESS IMPROVEMENT DISTRICT (BID) IS TO ENHANCE THE ECONOMIC PROSPERITY OF AMHERST'S CENTRAL BUSINESS DISTRICT THROUGH MARKETING AND EVENTS, SMALL BUSINESS SUPPORT, BEAUTIFICATION, AND OTHER STRATEGIC INITIATIVES. THE BID PLAYS A KEY ROLE IN ENSURING THAT AMHERST REMAINS A DESTINATION WHERE BUSINESSES THRIVE, RESIDENTS ENJOY A HIGH QUALITY OF LIFE, AND VISITORS EXPERIENCE THE UNIQUE CHARM THAT SETS AMHERST APART. 0 0 190361 213010 MARKETING AND EVENTS: AMPLIFYING AMHERST'S IDENTITY AS A DESTINATION IS ESSENTIAL FOR DRIVING FOOT TRAFFIC AND BUSINESS GROWTH. WE LEAD MARKETING EFFORTS TO SHOWCASE OUR LOCAL BUSINESSES, EVENTS, AND CULTURAL ATTRACTIONS. WE ORGANIZE COMMUNITY PROGRAMMING THROUGHOUT THE YEAR THAT ATTRACT VISITORS AND LOCALS ALIKE TO OUR CENTRAL BUSINESS DISTRICT INCLUDING OUR: FALL BLOCK PARTY, HOLIDAY PROMOTIONS, WINTER FESTIVAL, SUMMER CONCERT SERIES, AND MORE. 97982 40500 196010 SMALL BUSINESS SUPPORT: SMALL BUSINESSES ARE THE HEARTBEAT OF OUR TOWN. WE CONTINUE TO ADVOCATE FOR THE RESOURCES AND OPPORTUNITIES THAT ALLOW LOCAL ENTREPRENEURS TO FLOURISH. FROM MARKETING ASSISTANCE TO NETWORKING OPPORTUNITIES AND BUSINESS DEVELOPMENT SERVICES, WE ARE COMMITTED TO PROVIDING THE TOOLS AND SUPPORT THAT OUR BUSINESSES NEED TO SUCCEED. 133667 196009 BEAUTIFICATION AND PLACEMAKING: OUR TOWN'S AESTHETIC APPEAL IS INTEGRAL TO CREATING AN INVITING ATMOSPHERE FOR RESIDENTS AND VISITORS ALIKE. WE WILL CONTINUE TO FOCUS ON ENHANCING PUBLIC SPACES, MAINTAINING CLEANLINESS, AND IMPLEMENTING CREATIVE PLACEMAKING PROJECTS THAT REFLECT THE SPIRIT OF AMHERST. THESE EFFORTS NOT ONLY BEAUTIFY OUR STREETS BUT FOSTER A SENSE OF PRIDE, CONNECTION, BELONGING, AND FOSTER SOCIAL COHESION WITHIN THE COMMUNITY. 422010 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 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 1 22 0 1 5 1 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 4133452945 35 SOUTH PLEASANT STREET AMHERST MA 01002 BARRY ROBERTS PRESIDENT 2.00 X X 0 0 0 SARAH BARR VICE PRESIDENT 2.00 X X 0 0 0 SHARON POVINELLI TREASURER 2.00 X X 0 0 0 ANTONIOS MAROULIS SECRETARY/CLERK 2.00 X X 0 0 0 JEREMY AUSTIN DIRECTOR 1.00 X 0 0 0 PAUL BOCKELMAN DIRECTOR 1.00 X 0 0 0 ANDREW BOHNE DIRECTOR 1.00 X 0 0 0 EWEN CHEN DIRECTOR 1.00 X 0 0 0 GERALD JONES DIRECTOR 1.00 X 0 0 0 ALEX LAGUERRA SIERRA DIRECTOR 1.00 X 0 0 0 DAVID MAZOR DIRECTOR 1.00 X 0 0 0 SHARON SHARRY DIRECTOR 1.00 X 0 0 0 DEBORAH HERMANCE DIRECTOR 1.00 X 0 0 0 ANIKA LOPES DIRECTOR 1.00 X 0 0 0 JONATHAN SALVON DIRECTOR 1.00 X 0 0 0 JOHN PAGE EXECUTIVE DIRECTOR 40.00 X 24381 0 0 24381 0 0 0 0 0 0 0 17500 15000 32500 BID MEMBER ASSESSMENTS 561499 521029 521029 OTHER AGREEMENTS 561499 67000 67000 SPONSORSHIPS 561499 17000 17000 605029 198 198 MISCELLANEOUS INCOME 900099 766 766 766 638493 605029 0 964 40500 40500 69578 59141 10437 75232 63947 11285 4082 3470 612 6572 5586 986 13955 11862 2093 21913 21913 408 408 52633 52633 29206 16363 12843 18784 11270 7514 3629 3629 2646 808 1838 EVENTS 80244 80244 TOWN BEAUTIFICATION 76186 76186 495568 422010 73558 0 72457 324256 200120 125319 270600 276202 7500 1500 61000 45437 19192 15563 60029 33043 629898 775883 17452 47498 60029 33043 77481 80541 X 552417 695342 552417 695342 629898 775883 142925 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21460 10521 10939 39540 34916 4624 15563 LEASE LIABILITY 33043 33043 X 638493 0 638493 0 638493 495568 0 495568 0 495568 PART X, LINE 2: THE BID IS A NONPROFIT CORPORATION EXEMPT FROM TAXATION PURSUANT TO SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE, EXCEPT FOR NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. AT JUNE 30, 2025 AND 2024, THE BID HAS DETERMINED THAT IT HAD NO SUCH UNRELATED BUSINESS ACTIVITIES. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE INCOME TAXES IS REQUIRED. MANAGEMENT ANNUALLY REVIEWS ITS TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THESE FINANCIAL STATEMENTS. 1 THE DOWNTOWN AMHERST FOUNDATION 35 SOUTH PLEASANT STREET AMHERST MA 01002 001402165 501(C)3 40500 0 GRANTS FOR THE DRAKE AND OTHER PROJECTS SCHEDULE I, PART I, QUESTION 2 THE AMHERST BUSINESS IMPROVEMENT DISTRICT OVERSAW THE GRANTS BY MONITORING EXPENSES BY REVIEWING CONTRACTS, PROOF OF CASHED CHECKS, AND RECEIPTS FOR ALL PROCEEDS OF GRANTS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S MEMBERS CONSIST OF PROPERTY OWNERS, LODGING ESTABLISHMENTS AND HIGHER EDUCATION INSTITUTIONS WITHIN THE BUSINESS DISTRICT. FORM 990, PART VI, SECTION A, LINE 7A BID MEMBERS ELECT ALL MEMBERS OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE 990 WILL BE SENT VIA EMAIL TO ALL BOARD MEMBERS AFTER THE EXECUTIVE COMMITTEE VOTES TO RECOMMEND THE APPROVAL OF 990. AT THE NEXT BOARD MEETING THE BOARD WILL OPEN FOR DISCUSSION THE 990 AND MANAGEMENT LETTER, AFTER DISCUSSION A VOTE WILL BE TAKEN TO APPROVE THE 990. THE STAFF LIAISON TO THE BOARD WILL BE TAKING MINUTES FOR THE BOARD MEETING AND THE MINUTES WILL THEN BE PRESENTED AND APPROVED AT THE NEXT BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL MEETING ALL BOARD MEMBERS ARE REQUESTED TO DISCLOSE ANY NEW CONFLICTS SINCE JOINING THE BOARD AND SIGNING THE COI. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMMITTEE ASKS ALL BOARD MEMBERS TO EMAIL THEIR THOUGHTS ON THE ED'S PERFORMANCE OVER THE PAST YEAR, THE ASSESSMENTS, COMMENTS AND RECOMMENDATIONS ARE THEM DISCUSSED AT BY THE EXEC COMM AT AN ANNUAL MEETING WHERE THE ED IS NOT PRESENT TO REVIEW THESE THE BOARD COMMENTS AND ASSESS THE ED'S PERFORMANCE. THEY THEN MEET WITH THE BOARD IN AN EXECUTIVE SESSION WITH THE ED NOT PRESENT AT THIS MEETING THEY WILL DISCUSS COMPENSATION AND IF ANY CHANGE IN COMPENSATION IS BEING RECOMMENDED THEY WILL THEN VOTE ON THIS AND THE SECRETARY WILL EMAIL THE EDC TO INFORM OF PAYROLL CHANGES. THE EXEC COMM THEN MEETS WITH THE ED TO GO OVER ANNUAL REVIEW AND DISCUSS ANY COMPENSATION CHANGES. THE ED IS CHARGED WITH SETTING FAIR COMPENSATION, BONUS AND SALARY INCREASES/ DECREASES FOR THEIR STAFF. THE ED MUST BUDGET THESE WHEN CREATING THE ANNUAL BUDGET FOR THE BOARD OF DIRECTORS TO VOTE ON OR PREPARE A STATEMENT AND REASON WHY THE SALARY WILL BE INCREASED/ DECREASED IF NOT BUDGETED AND EXPLAIN HOW THE BUDGET WILL BALANCE. 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. FORM 990, PART XII, LINE 2C THE BOARD OF DIRECTORS IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THESE PROCESSES HAVE NOT CHANGED DURING THE YEAR.