2026-02-24T11:23:28-06:00 2025-06-30 844233121 SHARPE PATEL CPA 5510 SIX FORKS ROAD SUITE 140 RALEIGH NC 27609 990 2024-07-01 561994005 DOWNTOWN RALEIGH ALLIANCE INC DOWN 9195321231 333 FAYETTEVILLE STREET 1150 RALEIGH NC 27601 BILL KING PRESIDENT & CEO 9195321231 2026-02-19 1 1 REBECCA FISHER P01690017 7044993893 2026-02-19 2024 2025-03-06 01:10:19Z BILL KING 333 FAYETTEVILLE STREET 1150 RALEIGH NC 27601 4037115 0 X WWW.DOWNTOWNRALEIGH.ORG X 1996 NC ADVANCING THE VITALITY OF DOWNTOWN RALEIGH FOR EVERYONE. 37 36 17 36 0 0 343886 321807 3044517 3709045 5127 6263 0 0 3393530 4037115 78852 0 0 0 1280875 1454419 0 0 0 2026453 2625114 3386180 4079533 7350 -42418 1810181 1803171 605209 640617 1204972 1162554 X ADVANCING THE VITALITY OF DOWNTOWN RALEIGH FOR EVERYONE. 0 0 THE DOWNTOWN RALEIGH COMMUNITY ENGAGEMENT, SAFETY, AND SOCIAL SERVICES OUTREACH PROGRAM FOSTERS A WELCOMING AND SAFE ENVIRONMENT IN DOWNTOWN THROUGH THE EFFORTS OF SAFETY AMBASSADORS WHO PATROL THE PUBLIC REALM WITHIN THE MUNICIPAL SERVICES DISTRICT SEVEN DAYS A WEEK. THE SAFETY AMBASSADORS ALSO PROVIDE A STRONG, UNIFORMED PRESENCE, ENHANCING THE SENSE OF SAFETY WITH THEIR PATROLS OF THE MUNICIPALLY-OWNED PARKING DECKS AND LOTS. CLAD IN HIGHLY VISIBLE BLUE UNIFORMS AND EQUIPPED WITH HAND-HELD RADIOS, THE SAFETY AMBASSADORS SERVE AS SUPPLEMENTARY "EYES AND EARS" FOR THE DOWNTOWN DIVISION OF THE RALEIGH POLICE DEPARTMENT.IN ADDITION, THE AMBASSADOR TEAM CONTINUES TO INCREASE INTERACTIONS WITH THE COMMUNITY BY PROVIDING ONGOING INFORMATIONAL AND SAFETY PRESENTATIONS FOR BUSINESSES AND STAKEHOLDER GROUPS, PREPARING NEW EMPLOYEES MOVING INTO DOWNTOWN RALEIGH, AND HOLDING MONTHLY MEETINGS WITH THE RALEIGH POLICE DISTRICT CAPTAIN TO STRATEGIZE WAYS TO LOWER CRIME. THIS PROACTIVE APPROACH HELPS BUILD TRUST AND COLLABORATION WITHIN THE COMMUNITY.THE DOWNTOWN AMBASSADORS PROVIDE THE FOLLOWING SERVICES:BUSINESS CHECK-INSHOT SPOT CHECKSSAFE WALKSHOSPITALITY ASSISTANCE (INCLUDING DINING RECOMMENDATIONS, DIRECTIONS, AND MOTORIST ASSISTANCE)DIRECTIONSMOTORIST ASSISTSSAFETY AMBASSADORS DECK PATROLS THE PRIMARY GOALS OF THE STOREFRONT DEVELOPMENT PROGRAM ARE TO CONTRIBUTE TO DOWNTOWN RALEIGH'S ECONOMIC SUCCESS BY ATTRACTING NEW BUSINESSES TO VACANT STOREFRONTS, PROVIDING MARKET DATA TO ATTRACT NEW INVESTMENT AND EMPLOYERS, AND OFFERING NEW OPPORTUNITIES AND RESOURCES TO A DIVERSE SET OF BUSINESSES AND ENTREPRENEURS. DRA MONITORS PEDESTRIAN COUNTERS IN DOWNTOWN TO MEASURE FOOT TRAFFIC, HELPING TO ATTRACT TENANTS AND AID LAND USE DECISIONS. DRA CONTINUED ITS UPFIT GRANT WITH THE GOAL OF CREATING AN INCENTIVE TO ATTRACT NEW RETAIL OR AID IN THE EXPANSION OF EXISTING RETAIL IN DOWNTOWN RALEIGH. IN PARTNERSHIP WITH THE CITY OF RALEIGH, OUR ECONOMIC DEVELOPMENT STAFF ACTIVELY WORKS WITH RETAIL BROKERS AND LANDLORDS TO FILL STOREFRONT SPACES IN DOWNTOWN WHICH ADDS NEW JOBS AND EXPANDS TAX REVENUES. DRA CONTINUED ITS PARTNERSHIP WITH WAKE TECH TO PROVIDE POP-UP SPACE FOR MINORITY- AND WOMEN-OWNED RETAIL BUSINESSES. THE ECONOMIC DATA AND ANALYSIS TRACKED EACH YEAR IS TRANSLATED INTO DRA'S STATE OF DOWNTOWN REPORT. THE REPORT INCLUDES MARKET TRENDS, POPULATION DATA AND PROJECTIONS, DATA ON DOWNTOWN DEVELOPMENT, AND OVERVIEWS OF EVERYTHING DOWNTOWN. THE REPORT COMPLEMENTS OUR STATE OF DOWNTOWN ANNUAL EVENT, ATTENDED BY DOWNTOWN'S TOP BUSINESS LEADERS AND COMMUNITY MEMBERS.DRA ALSO CONDUCTS PLANNING AND TRANSPORTATION INITIATIVES TO IMPROVE ACCESSIBILITY AND CONNECTIVITY IN DOWNTOWN RELATED TO BICYCLE, PEDESTRIAN, TRANSIT, AND PARKING INFRASTRUCTURE. DRA PROVIDED COMMUNITY MEETINGS AND SUPPORT FOR IMPROVEMENTS IN ACCESSIBILITY, CHANGES TO DOWNTOWN PARKING, AND ADVOCACY FOR NEW BIKE LANES IN DOWNTOWN.DOWNTOWN RALEIGH ALLIANCE'S MARKETING EFFORTS SHARE THE ORGANIZATION'S MISSION WITH OUR STAKEHOLDERS, BRING VISIBILITY TO THE ORGANIZATION AND THE DOWNTOWN COMMUNITY, AND POSITION DOWNTOWN RALEIGH AS A VIBRANT CITY CENTER.DRA'S COMMUNICATIONS CHANNELS INCLUDE ORGANIZATIONAL AND PROGRAM WEBSITES, EMAIL NEWSLETTERS, AND SOCIAL MEDIA ACCOUNTS INCLUDING FACEBOOK, INSTAGRAM, X, AND LINKEDIN.MARKETING CAMPAIGNS, INCLUDING BLOGS TO HIGHLIGHT CULTURAL AND AFFINITY CELEBRATIONS SUCH AS BLACK HISTORY MONTH AND WOMEN'S HISTORY MONTH, RETAIL PROMOTIONS SUCH AS RESTAURANT WEEK AND HOLIDAY HUB, AND EVENT-SPECIFIC PROMOTIONS FOR FIRST FRIDAY, ILLUMINATE ART WALK, LIVE AFTER 5, AND OTHERS GARNERED NEARLY 1 MILLION IMPRESSIONS ACROSS CHANNELS. THE BALANCED ACTIVATIONS PROGRAM SERVES AS THE FACE OF THE ORGANIZATION TO THE COMMUNITY. LIVE AFTER 5 IS A SUMMER CONCERT SERIES THAT TAKES PLACE ON THE LAST WEDNESDAYS OF THE MONTH FROM MAY TO AUGUST. THIS MUSIC SERIES ALSO BRINGS FOOT TRAFFIC TO DOWNTOWN RESTAURANTS MID-WEEK AND ENCOURAGES DOWNTOWN OFFICE WORKERS TO STAY AFTER WORK FOR A FUN EVENING.OTHER ACTIVATIONS AROUND DOWNTOWN, SUCH AS THE FEMINIST FIRST FRIDAY, ILLUMINATE ART WALK EVENTS, AND JAZZ IN THE SQUARE, ALSO DREW HEIGHTENED ATTENTION AND INTEREST FROM THE COMMUNITY. THE BEAUTIFICATION AND CONNECTIVITY PROGRAM PROVIDES PUBLIC ART AND BEAUTIFICATION PROJECTS SUCH AS MURALS, ALONG WITH INITIATIVES TO IMPROVE ACCESSIBILITY AND CONNECTIVITY IN DOWNTOWN, RELATED TO BICYCLE, PEDESTRIAN, AND PARKING INFRASTRUCTURE. THE PRIMARY GOAL OF THE ADVOCACY & SUSTAINABILITY PROGRAM IS TO BRING TOGETHER STAKEHOLDERS AND MEMBERS THAT SUPPORT DRA'S MUNICIPAL SERVICES DISTRICT TO COLLABORATE FOR THE BENEFIT OF THE CITY. DRA BRINGS THESE GROUPS TOGETHER THROUGH TOWN HALL MEETINGS, LARGE CORPORATE EVENTS, AND BY PROVIDING STRATEGIC RESOURCES TO ENCOURAGE GROWTH IN DOWNTOWN RALEIGH. 0 1 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 40 0 17 1 0 0 0 0 0 0 0 0 X 37 36 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NC X SAM BROMLEY 9195321231 333 FAYETTEVILLE STREET 1150 RALEIGH NC 27601 BILL KING PRESIDENT AND CEO 20.00 20.00 X X 196500 0 0 SKIP HILL BOARD CHAIR 1.00 1.00 X X 0 0 0 MIKE MUNN BOARD VICE CHAIR/COMING CHAIR 1.00 1.00 X X 0 0 0 PAULETTE DILLARD BOARD IMMEDIATE PAST CHAIR 1.00 1.00 X X 0 0 0 BO DEMPSTER BOARD LEGAL COUNSEL 1.00 1.00 X X 0 0 0 EMILY WILLIAMS BOARD TREASURER 1.00 1.00 X X 0 0 0 BRITT THOMAS BOARD SECRETARY 1.00 1.00 X X 0 0 0 TIA MCLAURIN AT-LARGE MEMBER 1.00 1.00 X 0 0 0 DERRICK REMER AT-LARGE MEMBER 1.00 1.00 X 0 0 0 NICHOLLE ALLEN-STEELE DIRECTOR 1.00 X 0 0 0 TIFFANY BARRIER DIRECTOR 1.00 X 0 0 0 NATALIE BATTEN DIRECTOR 1.00 X 0 0 0 CHRIS BUDNICK DIRECTOR 1.00 X 0 0 0 STACEY BUESCHER DIRECTOR 1.00 X 0 0 0 PETE BYERS DIRECTOR 1.00 X 0 0 0 ADRIENNE COLE DIRECTOR (EX-OFFICIO) 1.00 X 0 0 0 JANET COWELL DIRECTOR (EX-OFFICIO) 1.00 X 0 0 0 DENNY EDWARDS DIRECTOR (EX-OFFICIO) 1.00 X 0 0 0 DAVID ELLIS DIRECTOR (EX-OFFICIO) 1.00 X 0 0 0 ANNA GRACE FITZGERALD DIRECTOR 1.00 X 0 0 0 KASSIA GIBBS DIRECTOR 1.00 X 0 0 0 RUFFIN HALL DIRECTOR (EX-OFFICIO) 1.00 X 0 0 0 YVETTE HOLMES DIRECTOR 1.00 X 0 0 0 CHARLIE IBARRA DIRECTOR 1.00 X 0 0 0 CARLY JONES DIRECTOR 1.00 X 0 0 0 KATHLEEN MAKENA DIRECTOR 1.00 X 0 0 0 LT MCCRIMMON DIRECTOR 1.00 X 0 0 0 REBECCA QUINN-WOLF DIRECTOR 1.00 X 0 0 0 EVAN RALEIGH DIRECTOR (EX-OFFICIO) 1.00 X 0 0 0 DAVIS ROACH DIRECTOR 1.00 X 0 0 0 CHRIS ROBERTS DIRECTOR 1.00 X 0 0 0 LAUREN ROMER DIRECTOR 1.00 X 0 0 0 GREGG SANDREUTER DIRECTOR 1.00 X 0 0 0 JAMIE SCHWEDLER DIRECTOR 1.00 X 0 0 0 DANNY SEATON DIRECTOR 1.00 X 0 0 0 FELICIA TRUJILLO DIRECTOR 1.00 X 0 0 0 OWEN WILLIAMS DIRECTOR 1.00 X 0 0 0 196500 0 0 1 0 1 0 333 VENTURES LLC 333 FAYETTEVILLE STREET SUITE 100 RALEIGH NC 27601 REAL ESTATE 151768 1 40000 35000 246807 321807 PROPERTY ASSESSMENT 531390 3022217 3022217 PARKING CONTRACT 561499 488014 488014 ECONOMIC DEVELOPMENT 812930 108450 108450 SOCIAL SERVICES AMBASS 624200 54510 54510 ARTS & SPECIAL EVENTS 713990 35854 35854 3709045 6263 6263 4037115 3709045 0 6263 196500 1071102 91832 94985 12335 3649 264509 23167 36834 41732 212212 207341 6376 AMBASSADOR PROGRAM 1043088 SPECIAL PROGRAMS 447213 REPAIRS & MAINTENANCE 295133 DATA FEES 26298 5227 4079533 85493 88483 1088855 1237454 37096 84441 55209 65561 377260 317284 52160 59976 491368 267256 1810181 1803171 129041 202533 9500 17191 466668 420893 605209 640617 X 1204972 1162554 1204972 1162554 1810181 1803171 -42418 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 57811 37738 20073 319449 279546 39903 59976 RIGHT OF USE LEASE ASSET NET OF AMORTIZATION 267256 267256 LEASE LIABILITY 297724 DUE TO/FROM RCV 123169 420893 X PART X, LINE 2: DOWNTOWN RALEIGH ALLIANCE (THE ORGANIZATION") IS EXEMPT FROM INCOME TAXES AS A NOT-FOR-PROFIT ORGANIZATION UNDER INTERNAL REVENUE SERVICE ("IRS") CODE SECTION 501(C)(6). DURING THE YEARS ENDED JUNE 30, 2025 AND 2024, THE ORGANIZATION DID NOT HAVE ANY INCOME SUBJECT TO TAXATION AS UNRELATED BUSINESS TAXABLE INCOME. THE ORGANIZATION EVALUATES ANY UNCERTAIN TAX POSITIONS. ACCORDINGLY, THE ORGANIZATION'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE ORGANIZATION, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION OF MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT DOES NOT BELIEVE ANY SIGNIFICANT INCOME TAX UNCERTAINTIES EXIST AS OF JUNE 30, 2025 AND 2024. X X 0 0 0 BILL KING PRESIDENT AND CEO 196500 0 0 0 0 0 0 0 0 0 196500 0 0 0 PART I, LINE 3 THE ORGANIZATION HAS A COMPENSATION COMMITTEE WHICH REVIEWS CEO PERFORMANCE ANNUALLY. THE COMMITTEE CONSISTS OF THE CURRENT BOARD CHAIR, THE IMMEDIATE PAST CHAIR, AND THE INCOMING CHAIR. THE COMMITTEE HAS SUPPLEMENTED THEIR REVIEW BY REFERENCING THE CEO'S SALARY SURVEY CREATED BY THE INTERNATIONAL DOWNTOWN ASSOCIATION. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE MANAGER, PRESIDENT/CEO, AND CHAIRMAN OF THE BOARD WILL REVIEW THE FORM 990 ON BEHALF OF THE BOARD OF DIRECTORS, WITH A FOLLOW-UP PROVIDED TO THE BOARD FOLLOWING THE EXECUTIVE REVIEW. ANY RELEVANT INQUIRIES ARE MADE TO THE ORGANIZATION'S EXTERNAL CPA FIRM FOR RESOLUTION. FORM 990, PART VI, SECTION B, LINE 12C ANY DIRECTOR, OFFICER, OR EMPLOYEE OF THE DOWNTOWN RALEIGH ALLIANCE WHO HAS, OR WHOSE RELATIVE HAS, A SUBSTANTIAL INTEREST IN ANY CONTRACT, SALE, PURCHASE, OR SERVICE TO THE DOWNTOWN RALEIGH ALLIANCE SHALL MAKE THAT INTEREST KNOWN TO THE BOARD OF DIRECTORS PRIOR TO ANY ACTION OR APPROVAL WITH RESPECT TO SUCH CONTRACT, SALE, PURCHASE, OR SERVICE. ANY DIRECTOR WHO HAS SUCH AN INTEREST, AND ANY DIRECTOR HAVING A RELATIVE WITH SUCH AN INTEREST, SHALL REFRAIN FROM VOTING UPON OR OTHERWISE PARTICIPATING IN SUCH A TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION HAS A COMPENSATION COMMITTEE WHICH REVIEWS CEO PERFORMANCE ANNUALLY. THE COMMITTEE CONSISTS OF THE CURRENT BOARD CHAIR, THE IMMEDIATE PAST CHAIR, AND THE INCOMING CHAIR. THE COMMITTEE HAS SUPPLEMENTED THEIR REVIEW BY REFERENCING THE CEO'S SALARY SURVEY CREATED BY THE INTERNATIONAL DOWNTOWN ASSOCIATION. 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. RALEIGH CIVIC VENTURES INC 333 FAYETTEVILLE ST SUITE 1150 RALEIGH NC 27601 562095185 PUBLIC CHARITY NC 501(C)(3) LINE 12B, II N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 RALEIGH CIVIC VENTURES INC O 40000 MANAGEMENT CONTRACT RALEIGH CIVIC VENTURES INC E 123169 OUTSTANDING A/P