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Nonprofit · EIN 47-5522757

LINCOLN ROAD BUSINESS IMPROVEMENT DISTRICT INC

Tax-exempt · MIAMI BEACH, FL 33139

Financials

$1.5M$1.6M2022$1.7M$2M2023$1.7M$2M2024
Revenue Expenses · by fiscal year end
Financials of LINCOLN ROAD BUSINESS IMPROVEMENT DISTRICT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$1,684,594$2,022,556-$337,962$445,539$129,985$315,554
September 30, 2024990$1,716,320$1,972,900-$256,580$713,700$60,184$653,516
September 30, 2023990$1,542,952$1,628,650-$85,698$997,562$87,466$910,096
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,410,736
Investment income
$0
Other revenue
$273,858

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$285,186
Salaries, compensation and benefits (total)
$325,694
Professional fundraising fees
$0
Accounting fees
$12,750
Occupancy
$40,227
Travel
$2,938
Depreciation
$15,827
Program services (functional)
$1,777,780
Management and general (functional)
$244,776

Balance sheet and other

Total assets, start of year
$713,700
Total assets, end of year
$445,539
Total liabilities, end of year
$129,985
Net assets, end of year
$315,554
Net assets without donor restrictions
$315,554
Gross receipts
$1,684,594
Employees
2
Year formed
2015
State of legal domicile
FL

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
ANABEL LLOPISEXECUTIVE DI
Trustee or director, Officer
55$169,950
DAVID HERZBERGBOARD MEMBER
Trustee or director
2$0
ELBA MACHADOBOARD MEETIN
Trustee or director
1$0
FREDDIE PETERSONBOARD MEMBER
Trustee or director
1$0
JULIE QUITNNERBOARD MEMBER
Trustee or director
1$0
MEL SCHLESSERBOARD MEMBER
Trustee or director
1$0
MARIA STEADBOARD MEMBER
Trustee or director
1$0
CLIFF STEINBOARD MEMBER
Trustee or director
1$0
ARTURO VINUEZABOARD MEMBER
Trustee or director
1$0
ALAN KHOUDARITREASURER
Officer
3$0
MINDY MCILROYVICE PRESIDE
Officer
4$0
YURI REBELLOSECRETARY
Officer
2$0
LYLE STERNPRESIDENT
Officer
6$0
990 for the year ended September 30, 2024: 11 people
NameTitleHours / weekCompensation
ANABEL LLOPISEXECUTIVE DI
Trustee or director
55$154,000
GREG GALYDIRECTOR
Trustee or director
1$0
DAVID HERZBERGDIRECTOR
Trustee or director
1$0
ALAN KHOUDARITREASURER
Trustee or director
3$0
ANDREW ROSENBERGDIRECTOR
Trustee or director
2$0
PETER SALIAMONASDIRECTOR
Trustee or director
1$0
MEL SCHLESSERDIRECTOR
Trustee or director
1$0
MARIA STEADDIRECTOR
Trustee or director
1$0
HOWARD HERRINGSECRETARY
Officer
2$0
MINDY MCILROYVICE PRESIDE
Officer
4$0
LYLE STERNPRESIDENT
Officer
6$0
990 for the year ended September 30, 2023: 11 people
NameTitleHours / weekCompensation
LYLE STERNPRESIDENT
Officer
55$150,000
ALBERT COHENDIRECTOR
Trustee or director
–$0
GREG GALYDIRECTOR
Trustee or director
–$0
DAVID HERZBERGDIRECTOR
Trustee or director
–$0
ALAN KHOUDARITREASURER
Trustee or director
–$0
ANABEL LLOPISEXECUTIVE DI
Trustee or director
–$0
ANDREW ROSENBERGDIRECTOR
Trustee or director
–$0
PETER SALIAMONASDIRECTOR
Trustee or director
–$0
MEL SCHLESSERDIRECTOR
Trustee or director
–$0
HOWARD HERRINGSECRETARY
Officer
–$0
MINDY MCILROYVICE PRESIDE
Officer
–$0

Address and contacts

Address (IRS master file)
690 LINCOLN ROAD, MIAMI BEACH, FL 33139-2904
Principal officer (990 for 2024)
ANABEL LLOPIS
Signed the 990
ANABEL LLOPIS, EXECUTIVE DIRECTOR
Phone
(305) 600-0219
Return prepared by
JACOBS NONES & COMPANY CPAS LLP

Mission

OUR MISSION: THE LINCOLN ROAD BUSINESS IMPROVEMENT DISTRICT (LR BID) THE LINCOLN ROAD BUSINESS IMPROVEMENT DISTRICT (BID) IS ORGANIZED AND OPERATED AS A BUSINESS LEAGUE WITHIN THE MEANING OF SECTION 501(C)(6) OF THE CODE. ITS PURPOSE IS TO STABILIZE AND IMPROVE THE LINCOLN ROAD RETAIL BUSINESS DISTRICT, WHICH IS LOCATED WITHIN A NATIONALLY RECOGNIZED HISTORIC DISTRICT, THROUGH PROMOTION, MANAGEMENT, MARKETING, AND OTHER SIMILAR SERVICES, BY (I) REPRESENTING AND ADVOCATING FOR THE PROPERTY OWNERS AND BUSINESS OWNERS LOCATED WITHIN THE BOUNDARIES OF THE BID; (II) PROMOTING AND ENCOURAGING THE CONTINUED DEVELOPMENT OF A DIVERSE, VIBRANT AND PEDESTRIAN-FRIENDLY LINCOLN ROAD MIXED-USE NEIGHBORHOOD, THEREBY PROVIDING A DYNAMIC SETTING FOR BUSINESSES, THE VISITING PUBLIC, ARTS AND ENTERTAINMENT, AS WELL AS AREA RESIDENTS; (III) SERVING AS A CULTURAL AND CIVIC HUB FOR THE COMMUNITY AND FOSTERING A SPIRIT OF COOPERATION AND MAINTENANCE OF HIGH STANDARDS OF QUALITY AMONG ITS MEMBERS; AND (IV) BR

990 for the year ended September 30, 2025

Program accomplishments

  • COMMENCED IN OCTOBER 2015, WITH DISTRICT BOUNDARIES EXTENDING FROM ALTON ROAD TO THE WEST, WASHINGTON TO THE EAST, 16TH STREET/LINCOLN LANE S TO THE SOUTH, AND 17TH STREET TO THE NORTH. ITS PRIMARY OBJECTIVES INCLUDE: 1. ADVOCATING FOR PROPERTY AND BUSINESS OWNERS WITHIN THE DISTRICT. 2. PROMOTING A VIBRANT, PEDESTRIAN-FRIENDLY, AND DIVERSE MIXED-USE NEIGHBORHOOD, FOSTERING A DYNAMIC ENVIRONMENT FOR BUSINESSES, VISITORS, PUBLIC ART, ENTERTAINMENT, AND RESIDENTS. 3. SERVING AS A CULTURAL AND CIVIC HUB, MAINTAINING HIGH STANDARDS OF QUALITY, AND INVITING COMMUNITY ENGAGEMENT. 4. INTRODUCING TRANSFORMATIVE ART AND ENTERTAINMENT TO FURTHER ENRICH THE DISTRICT

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, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
47-5522757
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2016
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$445,539
Income (IRS master file)
$1,684,594

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$1,684,594$2,022,556$445,539XML
990September 2024$1,716,320$1,972,900$713,700XML
990September 2023$1,542,952$1,628,650$997,562XML
990September 2022$1,607,678$1,325,379$1,166,734IRS
990September 2021–––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 47-5522757).

Questions about LINCOLN ROAD BUSINESS IMPROVEMENT DISTRICT INC

What is the EIN of LINCOLN ROAD BUSINESS IMPROVEMENT DISTRICT INC?
The employer identification number (EIN) of LINCOLN ROAD BUSINESS IMPROVEMENT DISTRICT INC is 47-5522757.
Is LINCOLN ROAD BUSINESS IMPROVEMENT DISTRICT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2016.
Are donations to LINCOLN ROAD BUSINESS IMPROVEMENT DISTRICT INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LINCOLN ROAD BUSINESS IMPROVEMENT DISTRICT INC 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 LINCOLN ROAD BUSINESS IMPROVEMENT DISTRICT INC 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 LINCOLN ROAD BUSINESS IMPROVEMENT DISTRICT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of LINCOLN ROAD BUSINESS IMPROVEMENT DISTRICT INC?
The 990 for the year ended September 30, 2025 names ANABEL LLOPIS.
Who are the officers and directors of LINCOLN ROAD BUSINESS IMPROVEMENT DISTRICT INC?
The 990 for the year ended September 30, 2025 lists 13 people; 1 received compensation from the organization, the highest $169,950 (ANABEL LLOPIS, EXECUTIVE DI).
How much revenue does LINCOLN ROAD BUSINESS IMPROVEMENT DISTRICT INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $1,684,594, expenses of $2,022,556 and total assets of $445,539 at year end.

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