2026-02-20T09:36:50-06:00 2025-06-30 562034483 NORTON COLLAR LUND LILLEY PLLC 7701 SIX FORKS ROAD SUITE 100 RALEIGH NC 27615 990 2024-07-01 270305305 HILLSBOROUGH STREET COMMUNITY SERVI HILL 9198000135 3101 STANHOPE AVE 300 RALEIGH NC 27607 JEFFREY MURISON PRESIDENT 9198000135 2026-01-27 1 0 JON LUND CPA P00105848 9198411000 2026-01-27 2024 2025-03-06 01:10:19Z JEFFREY MURISON 3101 STANHOPE AVE 300 RALEIGH NC 27607 1782318 0 X WWW.HILLSBOROUGHSTREET.ORG X 2010 NC THE CORPORATION'S MISSION IS TO MAKE THE HILLSBOROUGH STREET COMMUNITY A DISTINCT DESTINATION IN RALEIGH BY PROVIDING SERVICES AND PROGRAMS THAT IMPROVE THE ECONOMIC SUSTAINABILITY OF THE BUSINESSES AND INCREASE THE MARKET VALUE OF THE PROPERTIES WITHIN THE TERRITORY. 17 17 7 100 0 0 235800 235800 1207008 1435437 234 19081 96000 92000 1539042 1782318 0 0 0 0 482657 542462 0 0 30685 1010881 1170380 1493538 1712842 45504 69476 2390039 2427502 1209984 1177971 1180055 1249531 THE CORPORATION'S MISSION IS TO MAKE THE HILLSBOROUGH STREET COMMUNITY A DISTINCT DESTINATION IN RALEIGH BY PROVIDING SERVICES AND PROGRAMS THAT IMPROVE THE ECONOMIC SUSTAINABILITY OF THE BUSINESSES AND INCREASE THE MARKET VALUE OF THE PROPERTIES WITHIN THE TERRITORY. 0 0 1340898 TO IMPROVE THE OVERALL ECONOMIC DEVELOPMENT OF HILLSBOROUGH STREET THROUGH PROMOTING ACTIVITIES AND HOLDING EVENTS TO ATTRACT THE PUBLIC TO THE AREA AND COMMUNITY. THE ORGANIZATION HAS FOCUSED ON INCREASING THE CLEANLINESS OF THE AREA BY MAINTAINING CLEAN SIDEWALKS AND COORDINATING TRASH REMOVAL. THE ORGANIZATION HAS ALSO PARTICIPATED IN EDUCATION PROGRAMS THAT CONCENTRATE ON THE REDUCTION OF CRIME, PANHANDLING, AND HOMELESSNESS. 1340898 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 17 0 1 7 1 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X X X JEFF MURISON 9198000135 3101 STANHOPE AVE STE 300 RALEIGH NC 27607 SUSAN FOLCKEMER CHAIR 1.00 X X 0 0 0 TODD CHRISCOE VICE CHAIR 1.00 X X 0 0 0 EDIE DECK TREASURER 1.00 X X 0 0 0 JUSTINE HOLLINGSHEAD SECRETARY 1.00 X X 0 0 0 VICTORIA EATON BOARD MEMBER 1.00 X 0 0 0 ASHLEY FARIES BOARD MEMBER 1.00 X 0 0 0 ALICIA KNIGHT BOARD MEMBER 1.00 X 0 0 0 CAMERON LAWS BOARD MEMBER 1.00 X 0 0 0 JENNIFER MANESS BOARD MEMBER 1.00 X 0 0 0 SARA PETERSON BOARD MEMBER 1.00 X 0 0 0 LISE SHERLIN BOARD MEMBER 1.00 X 0 0 0 JULIE SMITH BOARD MEMBER 1.00 X 0 0 0 KATIE O'KANE BOARD MEMBER 1.00 X 0 0 0 ZACK TAYLOR BOARD MEMBER 1.00 X 0 0 0 JOE WOO BOARD MEMBER 1.00 X 0 0 0 JON CARTER BOARD MEMBER 1.00 X 0 0 0 BLYTHE JACKSON BOARD MEMBER 1.00 X 0 0 0 JEFF MURISON EXECUTIVE DIRECTOR 40.00 5.00 X X 137968 0 17534 137968 0 17534 1 0 1 0 0 125000 110800 235800 MUNICIPAL SERVICE DIST 1422389 1422389 OTHER PROGRAM INCOME 13048 13048 1435437 19081 19081 MANAGEMENT FEES 92000 92000 92000 1782318 1527437 0 19081 146664 108531 32266 5867 308348 228178 67837 12333 52863 39118 11630 2115 34587 25595 7609 1383 5000 5000 40950 40950 9550 9550 91904 68009 20219 3676 11070 11070 132771 98250 29210 5311 36911 36911 20438 20438 8257 8257 PROGRAM EXPENSES 773217 773217 MISCELLANEOUS 22685 22685 DUES AND SUBSCRIPTIONS 10854 10854 STAFF DEVELOPMENT 3806 3806 2967 2967 1712842 1340898 341259 30685 41836 109134 1084423 1133597 4415 1355 23888 15159 112969 62264 68461 50705 1167016 1117552 2390039 2427502 41307 48496 87542 90132 1081135 1039343 1209984 1177971 X 1180055 1249531 1180055 1249531 2390039 2427502 69476 0 X 0 1 X 1 0 X 253625 237300 235800 235800 235800 1198325 753298 793272 1191137 1207008 1435437 5380152 1006923 1030572 1426937 1442808 1671237 6578477 6578477 2468 52 35 234 19081 21870 56302 80000 86000 96000 92000 410302 7010649 1693092 0.93840 0.93600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 112969 62264 50705 50705 LEASE RIGHT OF USE ASSET 1108102 LEASE DEPOSIT 9450 1117552 LEASE LIABILITY 1129475 LESS CURRENT PORTION -90132 1039343 X 1782318 0 1782318 0 1782318 1712840 0 1712840 2 2 1712842 PART X, LINE 2: MANAGEMENT HAS CONSIDERED THE POSITIONS TAKEN IN ITS TAX RETURNS AND BELIEVES THAT THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. ACCORDINGLY, NO AMOUNTS HAVE BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS. THE CORPORATION'S TAX RETURNS ARE OPEN FOR REVIEW FOR THE YEARS ENDING JUNE 30, 2025, 2024, 2023, AND 2022. PART XII, LINE 4B - OTHER ADJUSTMENTS: ROUNDING 2. 0 0 0 0 0 0 0 0 0 JEFF MURISON EXECUTIVE DIRECTOR 137968 0 0 0 0 0 0 4144 0 13390 137968 17534 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S ANNUAL FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND UNANIMOUS APPROVAL BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S WRITTEN CONFLICT OF INTEREST POLICY IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS ANNUALLY. ANY POTENTIAL CONFLICTS OF INTEREST RELATED TO THE ORGANIZATION ARE TO BE REPORTED DIRECTLY TO THE BOARD MEMBERS ON AN IMMEDIATE BASIS FOR CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS APPROVES THE COMPENSATION OF THE EXECUTIVE DIRECTOR ON AN ANNUAL BASIS. COMPARABLE DATA IS USED TO DETERMINE THE APPROPRIATE COMPENSATION. THE COMPENSATION FOR OTHER KEY EMPLOYEES IS DETERMINED BY THE EXECUTIVE DIRECTOR IN CONSULTATION WITH THE BOARD OF DIRECTORS AND IS BASED ON COMPARABLE DATA FOR SIMILAR ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S TAX-EXEMPT STATUS DOCUMENTATION AND PRIOR YEAR TAX RETURNS ARE AVAILABLE ON GUIDESTAR FOR PUBLIC INSPECTION. MANAGEMENT ALSO MAKES THIS INFORMATION AVAILABLE BY SPECIFIC REQUEST. 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 BY REQUEST.