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Nonprofit · EIN 84-4037072

FISHTOWN KENSINGTON AREA BUSINESS IMPROVEMENT DISTRICT INC

Tax-exempt · PHILADELPHIA, PA 19123

Financials

$884K$933K2023$1M$939K2024
Revenue Expenses · by fiscal year end
Financials of FISHTOWN KENSINGTON AREA BUSINESS IMPROVEMENT DISTRICT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,012,278$939,025$73,253$521,344$84,584$436,760
December 31, 2023990$883,529$932,675-$49,146$447,163$83,656$363,507
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$932,260
Membership dues
$663,313
Program service revenue
$53,024
Investment income
$26,138
Other revenue
$856

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$150,719
Other salaries and wages
$76,167
Salaries, compensation and benefits (total)
$244,742
Professional fundraising fees
$0
Legal fees
$497
Accounting fees
$6,751
Occupancy
$26,449
Travel
$192
Program services (functional)
$799,779
Management and general (functional)
$139,246

Balance sheet and other

Total assets, start of year
$447,163
Total assets, end of year
$521,344
Total liabilities, end of year
$84,584
Net assets, end of year
$436,760
Net assets without donor restrictions
$436,760
Gross receipts
$1,012,278
Employees
2
Volunteers
15
Year formed
2019
State of legal domicile
PA

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MARC D COLLAZZOEXECUTIVE DIRECTOR
Officer
40$150,719
JANAY GREENCHAIRPERSON
Trustee or director, Officer
5$0
LISA MAZZOLATREASURER
Trustee or director, Officer
2$0
BIANCA DIPIETROSECRETARY
Trustee or director, Officer
2$0
RAVI BAYANKERBOARD MEMBER
Trustee or director
1$0
JEANNINE COOKBOARD MEMBER
Trustee or director
1$0
DOMINIQUE FRIOBOARD MEMBER
Trustee or director
1$0
CAROLINE JONESBOARD MEMBER
Trustee or director
1$0
PAUL KIMPORTBOARD MEMBER
Trustee or director
1$0
QUETCY LOZADABOARD MEMBER
Trustee or director
1$0
HENRY SIEBERTBOARD MEMBER
Trustee or director
1$0
MARK SQUILLABOARD MEMBER
Trustee or director
1$0
LEE STOETZELBOARD MEMBER
Trustee or director
1$0
STEVEN TONUCIBOARD MEMBER
Trustee or director
1$0
KATHLEEN TREUDEBOARD MEMBER
Trustee or director
1$0
1 more people on this return
NameTitleHours / weekCompensation
JEFFERY YOUNGBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
MARC D COLLAZZOEXECUTIVE DIRECTOR
Officer
40$138,196
JOSH OLIVOPRESIDENT
Trustee or director, Officer
5$0
LISA MAZZOLATREASURER
Trustee or director, Officer
2$0
SKIP SCHWARZMANSECRETARY
Trustee or director, Officer
2$0
RAVI BAYANKERBOARD MEMBER
Trustee or director
1$0
DENISE MAYERBOARD MEMBER
Trustee or director
1$0
JONATHAN TODDBOARD MEMBER
Trustee or director
1$0
JANAY GREENBOARD MEMBER
Trustee or director
1$0
STEVE TONUNCIBOARD MEMBER
Trustee or director
1$0
LEE STOETZELBOARD MEMBER
Trustee or director
1$0
MATT RICCIOTTIBOARD MEMBER
Trustee or director
1$0
PAUL KIMPORTBOARD MEMBER
Trustee or director
1$0
KATHLEEN TRUDEBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1100 N FRONT ST STE 201, PHILADELPHIA, PA 19123-1760
Mailing address (990-N for 2019)
1509 N FRONT ST, Philadelphia PA 19122
Principal officer (990 for 2024)
MARC COLLAZZO, 1509 NORTH FRONT ST UNIT 1, PHILADELPHIA, PA 19122
Principal officer (990-N for 2019)
MARC COLLAZZO, 1509 N FRONT ST UNIT 1, PHILADELPHIA PA 19122
Signed the 990
MARC COLLAZZO, EXECUTIVE DIRECTOR
Phone
(267) 768-4326
Return prepared by
JOHN E MCGOVERN & ASSOCIATES PC

Mission

THE FISHTOWN KENSINGTON AREA BUSINESS IMPROVEMENT DISTRICT (BID) PLANS AND FUNDS SERVICES TO IMPROVE AND PRESERVE OUR NEIGHBORHOOD. THE BID WORKS TO IMPROVE THE QUALITY OF LIFE OF OUR RESIDENTS AS WELL AS THE SUCCESS AND GROWTH OF OUR BUSINESSES.

990 for the year ended December 31, 2024

Program accomplishments

  • CLEANING, GREENING, AND MAINTENANCE: FKABID IS RESPONSIBLE FOR CLEANING AND BEAUTIFYING THE DISTRICT AND WORKING TO IMPROVE THE GREEN ELEMENTS OF THE DISTRICT BY IMPLEMENTING PROGRAMS SUCH AS SIDEWALK SWEEPING, ADDING TRASH & RECYCLING RECEPTACLES, STREET CLEANING, SIDEWALK SAFETY ENFORCEMENT, AND ADDING AND MAINTAINING GREEN ELEMENTS.
    Expenses $182,833
  • ECONOMIC DEVELOPMENT AND PUBLIC SAFETY: FKABID OFFERS SUPPORT TO EXISTING BUSINESSES TO INCREASE STABILITY AND GROWTH, IMPROVE THE ECONOMIC CLIMATE OF THE DISTRICT AND EMPLOYMENT OPPORTUNITIES, AND WORK TO FIND NEW BUSINESSES. FKABID WORKS TO KEEP THE DISTRICT SAFE FOR RESIDENTS, BUSINESSES, AND VISITORS.
    Expenses $193,639
  • CAPITAL IMPROVEMENTS AND PARKING: FKABID ADDRESSES REPAIRS AND IMPROVEMENTS NEEDED IN PUBLIC AREAS INCLUDING FACADES AND SIDEWALKS, WORKS TO CREATE STREETSCAPE IMPROVEMENTS AND GREENING, AND WORKS TO FIND LONG-TERM SOLUTIONS FOR ADDITIONAL PARKING FOR VEHICLES AND BICYCLES AND SAFETY ENHANCEMENTS FOR CROSSWALKS.
    Expenses $183,160
  • MARKETING & COMMUNICATIONS; PERSONNEL AND ADMINISTRATION BEAUTIFICATION
    Expenses $240,147

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-4037072
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$521,344
Income (IRS master file)
$1,012,278

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,012,278$939,025$521,344XML
990December 2023$883,529$932,675$447,163XML
990December 2022$842,148$833,838$523,350IRS
990December 2021–––IRS
990December 2020–––IRS
990-N for 2019
Officer: MARC COLLAZZO
December 31, 2019≤ $50,000 receipts––e-Postcard

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 84-4037072).

Questions about FISHTOWN KENSINGTON AREA BUSINESS IMPROVEMENT DISTRICT INC

What is the EIN of FISHTOWN KENSINGTON AREA BUSINESS IMPROVEMENT DISTRICT INC?
The employer identification number (EIN) of FISHTOWN KENSINGTON AREA BUSINESS IMPROVEMENT DISTRICT INC is 84-4037072.
Is FISHTOWN KENSINGTON AREA BUSINESS IMPROVEMENT DISTRICT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to FISHTOWN KENSINGTON AREA BUSINESS IMPROVEMENT DISTRICT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FISHTOWN KENSINGTON AREA 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 FISHTOWN KENSINGTON AREA BUSINESS IMPROVEMENT DISTRICT INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FISHTOWN KENSINGTON AREA BUSINESS IMPROVEMENT DISTRICT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FISHTOWN KENSINGTON AREA BUSINESS IMPROVEMENT DISTRICT INC?
The 990 for the year ended December 31, 2024 names MARC COLLAZZO.
Who are the officers and directors of FISHTOWN KENSINGTON AREA BUSINESS IMPROVEMENT DISTRICT INC?
The 990 for the year ended December 31, 2024 lists 16 people; 1 received compensation from the organization, the highest $150,719 (MARC D COLLAZZO, EXECUTIVE DIRECTOR).
How much revenue does FISHTOWN KENSINGTON AREA BUSINESS IMPROVEMENT DISTRICT INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,012,278, expenses of $939,025 and total assets of $521,344 at year end.

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