Skip to main content

Nonprofit · EIN 20-5712546

CAPITOL RIVERFRONT BUSINESS IMPROVEMENT DISTRICT

Tax-exempt · WASHINGTON, DC 20003

Financials

$4.7M$4.6M2022$5M$4.7M2023
Revenue Expenses · by fiscal year end
Financials of CAPITOL RIVERFRONT BUSINESS IMPROVEMENT DISTRICT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2024990$4,966,051$4,716,051$250,000$3,648,526$2,352,676$1,295,850
September 30, 2023990$4,679,100$4,556,328$122,772$3,644,475$2,598,625$1,045,850
Financial details: 990 for the year ended September 30, 2024

Revenue

Contributions, gifts and grants
$1,833,850
of which government grants
$1,800,368
Program service revenue
$3,115,477
Investment income
$8,424
Other revenue
$8,300

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,393,394
Salaries, compensation and benefits (total)
$1,912,891
Professional fundraising fees
$0
Legal fees
$10,281
Accounting fees
$24,624
Occupancy
$93,395
Travel
$37,990
Depreciation
$110,352

Balance sheet and other

Total assets, start of year
$3,644,475
Total assets, end of year
$3,648,526
Total liabilities, end of year
$2,352,676
Net assets, end of year
$1,295,850
Land, buildings and equipment
$645,113
Net assets without donor restrictions
$1,295,850
Gross receipts
$4,966,051
Employees
38
Volunteers
0
Year formed
2006
State of legal domicile
DC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MICHAEL STEVENSPRESIDENT (FORMER)
Former
40$280,203$41,490
TED JUTRASVP, PLANNING AND DEVELOPME
Officer
40$161,058$39,763
BONNIE TREINVP OF MARKETING & OPERATIONS
Officer
40$167,773$28,921
OWEN DONNELLYCOMPTROLLER
Officer
40$157,250$9,637
EMEKA MONEMEPRESIDENT
Officer
40$105,962$13,845
BRAD FENNELLCHAIRMAN
Trustee or director, Officer
1$0$0
JOHN BEINARTVOTING BOARD MEMBER
Trustee or director
1$0$0
ADAM GOOCHTREASURER
Trustee or director, Officer
1$0$0
LARRY CLARKSECRETARY
Trustee or director, Officer
1$0$0
PAIGE GRZELAKVOTING BOARD MEMBER
Trustee or director
1$0$0
DARYL JACKSONVOTING BOARD MEMBER
Trustee or director
1$0$0
CHRISTOPHER MACARYVOTING BOARD MEMBER
Trustee or director
1$0$0
SCOTT MOSELEYVOTING BOARD MEMBER
Trustee or director
1$0$0
MICHAEL TIDWELLVOTING BOARD MEMBER
Trustee or director
1$0$0
JOHN BEGERTVOTING BOARD MEMBER
Trustee or director
1$0$0
11 more people on this return
NameTitleHours / weekCompensation
MATTHEW MARTORANAVOTING BOARD MEMBER
Trustee or director
1$0
VICKI DAVISVOTING BOARD MEMBER
Trustee or director
1$0
MATT JOHNSONVOTING BOARD MEMBER
Trustee or director
1$0
SHAWN KYLEVOTING BOARD MEMBER
Trustee or director
1$0
ANITA JACKSONVOTING BOARD MEMBER
Trustee or director
1$0
PATRICK EDMONDVOTING BOARD MEMBER
Trustee or director
1$0
MUSTAFA POPALVOTING BOARD MEMBER
Trustee or director
1$0
IRENE BARTELSVOTING BOARD MEMBER
Trustee or director
1$0
POETRI DEALVOTING BOARD MEMBER
Trustee or director
1$0
MEREDITH FASCETTVOTING BOARD MEMBER
Trustee or director
1$0
BRETT STEINVOTING BOARD MEMBER
Trustee or director
1$0
990 for the year ended September 30, 2023: 31 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL STEVENSPRESIDENT (FORMER)
Former
40$294,497$26,590
TED JUTRASVP, PLANNING AND DEVELOPME
Officer
40$147,846$21,897
BONNIE TREINVP, MARKETING & OPERATIONS, CHIEF OF STAFF
Officer
40$128,269$11,613
BRAD FENNELLCHAIRMAN
Trustee or director, Officer
1$0$0
JOHN BEINARTVOTING BOARD MEMBER
Trustee or director
1$0$0
ADAM GOOCHTREASURER
Trustee or director, Officer
1$0$0
LARRY CLARKSECRETARY
Trustee or director, Officer
1$0$0
PAIGE GRZELAKVOTING BOARD MEMBER
Trustee or director
1$0$0
DARYL JACKSONVOTING BOARD MEMBER
Trustee or director
1$0$0
CHRISTOPHER MACARYVOTING BOARD MEMBER
Trustee or director
1$0$0
SCOTT MOSELYVOTING BOARD MEMBER
Trustee or director
1$0$0
MICHAEL TIDWELLVOTING BOARD MEMBER
Trustee or director
1$0$0
JOHN BEGERTVOTING BOARD MEMBER
Trustee or director
1$0$0
MATTHEW MARTORANAVOTING BOARD MEMBER
Trustee or director
1$0$0
VICKI DAVISVOTING BOARD MEMBER
Trustee or director
1$0$0
MATT JOHNSONVOTING BOARD MEMBER
Trustee or director
1$0$0
RUTH HUANGVOTING BOARD MEMBER
Trustee or director
1$0$0
SHAWN KYLEVOTING BOARD MEMBER
Trustee or director
1$0$0
TOBY MILLMANVOTING BOARD MEMBER
Trustee or director
1$0$0
MIKE CURTINVOTING BOARD MEMBER
Trustee or director
1$0$0
DONNA COOPERVOTING BOARD MEMBER
Trustee or director
1$0$0
PATRICK EDMONDVOTING BOARD MEMBER
Trustee or director
1$0$0
MEREDITH FASCETTVOTING BOARD MEMBER
Trustee or director
1$0$0
ANITA JACKSONVOTING BOARD MEMBER
Trustee or director
1$0$0
GAIL KENSONVOTING BOARD MEMBER
Trustee or director
1$0$0
GREGORY MCCARTHYVOTING BOARD MEMBER
Trustee or director
1$0$0
MUSTAFA POPALVOTING BOARD MEMBER
Trustee or director
1$0$0
BRIAN READYVOTING BOARD MEMBER
Trustee or director
1$0$0
TREY SHERARDVOTING BOARD MEMBER
Trustee or director
1$0$0
REBECCA SOHMERVOTING BOARD MEMBER
Trustee or director
1$0$0
EMEKA MONEMEPRESIDENT
Officer
40$0$0

Address and contacts

Address (IRS master file)
841 2ND ST SE, WASHINGTON, DC 20003-5158
In care of
% MICHAEL STEVENS
Principal officer (990 for 2023)
EMEKA MONEME, 841 2ND ST SE, WASHINGTON, DC 20003
Signed the 990
EMEKA MONEME, PRESIDENT
Phone
(202) 262-0354
Return prepared by
TKR ADVISORS LLC

Mission

THE ORGANIZATION IS DEDICATED TO MAKING THE CAPITOL RIVERFRONT CLEAN, SAFE, FRIENDLY, AND VIBRANT. THE BID SUPPORTS AND ENHANCES THE CAPITOL RIVERFRONT THROUGH THE FOLLOWING ACTIVITIES: CLEAN TEAMS; MARKETING, BRANDING AND SPECIAL EVENTS; ECONOMIC DEVELOPMENT AND OFFICE, RETAIL AND RESIDENTIAL ATTRACTION; COORDINATION WITH DECISION MAKERS AND ADVOCATING ON BEHALF OF THE ONGOING PUBLIC REALM, TRANSPORTATION ACCESS, INFRASTRUCTURE AND NEIGHBORHOOD IMPROVEMENTS AND COMMUNITY BUILDING.

990 for the year ended September 30, 2024

Program accomplishments

  • CLEAN TEAM SERVICES: THE UNIFORMED STREET CLEAING TEAM REMOVES TRASH, WEEDS, GRAFFITI, SEDIMENT AND OTHER DEBRIS FROM THE STREETS AND SIDEWALKS ON A DAILY BASIS. THE ORGANIZATION HOSTS PUBLIC SAFETY MEETINGS WITH PROPERTY OWNERS TO ADDRESS THE LOCAL SAFETY CONCERNS. THE BID PROVIDES MAINTENANCE, PROGRAMMING AND SECURITY SERVICES FOR TWO PARKS IN THE CAPITOL RIVERFRONT.
    Expenses $1,317,037
  • YARDS PARK: THE ORGANIZATION MANAGES, PROGRAMS AND MAINTAINS YARDS PARK, A 5.4-ACRE AWARD WINNING PARK ON THE BANKS OF THE ANACOSTIA RIVER. YARDS PARK IS A PREMIER WATERFRONT DESTINATION, PROVIDING GREEN SPACE AND WATER FEATURES FOR ALL TO ENJOY. YARDS PARK IS AN IDEAL PLACE FOR RECREATION AND SPECIAL EVENTS FOR THE CAPITOL RIVERFRONT COMMUNITY.
    Expenses $953,471 · grants $953,471
  • MARKETING, BRANDING, AND PUBLIC RELATIONS: THE BID MARKETS AND PROMOTES THE CAPITOL RIVERFRONT NEIGHBORHOOD AS A UNIQUE DESTINATION CHARACTERIZED BY A MIX OF USES, HIGH QUALITY ASSETS, AND A HIGH QUALITY PUBLIC REALM - A NEW BUSINESS CENTER, URBAN NEIGHBORHOOD, RETAIL AND ENTERTAINMENT CENTER, AND REGIONAL WATERFRONT DESTINATION WITH ACCESS TO PARKS AND THE RIVER - WHICH WORK TOGETHER TO CREATE A SPECIAL PLACE. IN ADDITION, THE BID DEVELOPS MATERIALS INCLUDING BROCHURES, MAPS, WEBSITE, VIDEO AND OTHERS, THAT HELP PROMOTE THE AREA AND PROVIDES AN INFORMATION CLEARINGHOUSE ON ALL CURRENT AND FUTURE CAPITOL RIVERFRONT AREA ACTIVITIES, DEVELOPMENT PROJECTS, AND TRENDS IN THE MARKETPLACE.
    Expenses $893,232
  • ECONOMIC DEVELOPMENT: THE ORGANIZATION WORKS WITH DC AGENCIES AND PROPERTY OWNERS TO ASSURE THAT THE CAPITOL RIVERFRONT'S BASIC INFRASTRUCTURE NEEDS ARE MET, INCLUDING STREET AND SIDEWALK REPAIR, UTILITY UPGRADES, TRAFFIC CIRCULATION, TRANSIT ACCESS, AND PARKING MANAGEMENT. IN ADDITION, THE ORGANIZATION WORKS TO IMPROVE THE AREA'S LANDSCAPING, STREET FURNITURE, AND SIGNAGE WHICH SUPPORTS A HIGH QUALITY PUBLIC REALM AND NEIGHBORHOOD DEVELOPMENT. THE ORGANIZATION ALSO WORKS WITH PROPERTY OWNERS AND OTHER ENTITIES ON BUSINESS ATTRACTION EFFORTS THAT INCLUDE ATTRACTING OFFICE TENANTS TO THIS SUBMARKET, ATTRACTING NEIGHBORHOOD-SUPPORT RETAIL AND RESTAURANTS TO THE CAPITOL RIVERFRONT, ATTRACTING RESIDENTS TO THE RESIDENTIAL OFFERINGS IN THE NEIGHBORHOOD (APARTMENTS, CONDOS, COOPS, AND TOWNHOMES), AND WORKING WITH THE DC GOVERNMENT AND PROPERTY OWNERS TO FACILITATE THE CONSTRUCTION OF PROPOSED PARKS, OPEN SPACES AND THE ANACOSTIA RIVERWALK TRAIL SYSTEM.
    Expenses $778,595
  • CANAL PARK: THE HEART OF CAPITOL RIVERFRONT IS A 3 ACRE NEIGHBORHOOD-CENTRIC PARK THAT OPENED IN 2012 AS A MODEL OF SUSTAINABLE DESIGN FOR AN OUTDOOR SPACE. THE PARK IS HOME TO SEASONAL EVENTS, DANCING FOUNTAINS IN THE WARMER MONTHS, AND ICE SKATING IN THE WINTER.
    Expenses $450,633 · grants $246,529

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026Not on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
20-5712546
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2009
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,648,526
Income (IRS master file)
$4,966,051

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2024$4,966,051$4,716,051$3,648,526XML
990September 2023$4,679,100$4,556,328$3,644,475XML
990September 2022$4,125,775$3,911,464$2,784,952IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-5712546).

Questions about CAPITOL RIVERFRONT BUSINESS IMPROVEMENT DISTRICT

What is the EIN of CAPITOL RIVERFRONT BUSINESS IMPROVEMENT DISTRICT?
The employer identification number (EIN) of CAPITOL RIVERFRONT BUSINESS IMPROVEMENT DISTRICT is 20-5712546.
Is CAPITOL RIVERFRONT BUSINESS IMPROVEMENT DISTRICT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2009.
Are donations to CAPITOL RIVERFRONT BUSINESS IMPROVEMENT DISTRICT tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CAPITOL RIVERFRONT BUSINESS IMPROVEMENT DISTRICT file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CAPITOL RIVERFRONT BUSINESS IMPROVEMENT DISTRICT due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CAPITOL RIVERFRONT BUSINESS IMPROVEMENT DISTRICT last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2024.
Who is the principal officer of CAPITOL RIVERFRONT BUSINESS IMPROVEMENT DISTRICT?
The 990 for the year ended September 30, 2024 names EMEKA MONEME.
Who are the officers and directors of CAPITOL RIVERFRONT BUSINESS IMPROVEMENT DISTRICT?
The 990 for the year ended September 30, 2024 lists 26 people; 5 received compensation from the organization, the highest $280,203 (MICHAEL STEVENS, PRESIDENT (FORMER)).
How much revenue does CAPITOL RIVERFRONT BUSINESS IMPROVEMENT DISTRICT have?
On its 990 for the year ended September 30, 2024 it reported revenue of $4,966,051, expenses of $4,716,051 and total assets of $3,648,526 at year end.

Other nonprofits in WASHINGTON

All nonprofits in WASHINGTON · District of Columbia · Community improvement and capacity building