2023-10-20T09:06:49-05:00 2023-06-30 431985162 SMITH SULLIVAN & BROWN PC 80 FLANDERS ROAD - SUITE 302 WESTBOROUGH MA 01581 990 2022-07-01 831360746 GREENWAY BUSINESS IMPROVEMENT DISTRICT CORPORATION GREE 6175026240 14 BEACON STREET SUITE 402 BOSTON MA 02108 JACK CLARK TREASURER 6175026240 2023-10-20 1 JACK CLARK 999009999 0 SANDRA M BROWN CPA P01614103 5088717178 2023-10-11 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X JACK CLARK 14 BEACON STREET SUITE 402 BOSTON MA 02108 1700330 0 X WWW.ABETTERCITY.ORG X 2018 MA GREENWAY BID FACILITATES THE MAINTENANCE, OPERATIONS, AND ENHANCEMENTS OF THE ROSE F. KENNEDY GREENWAY PARK (THE "GREENWAY") TO ENSURE THAT THE GREENWAY IS AND REMAINS A FIRST-CLASS PARK EQUITABLY ACCESSIBLE TO A DIVERSE RANGE OF BOSTON RESIDENTS AND VISITORS. 9 9 0 0 0 0 0 0 1696050 1700330 0 0 0 0 1696050 1700330 1500000 1500000 0 0 0 0 0 0 0 193801 199783 1693801 1699783 2249 547 340274 574884 187821 421884 152453 153000 X THE MISSION OF THE CORPORATION IS TO (1) FACILITATE THE MAINTENANCE, OPERATIONS, AND ENHANCEMENTS OF THE ROSE F. KENNEDY GREENWAY PARK (THE "GREENWAY") TO ENSURE THAT THE GREENWAY IS AND REMAINS A FIRST-CLASS PARK EQUITABLY ACCESSIBLE TO A DIVERSE RANGE OF BOSTON RESIDENTS AND VISITORS, (2) TO ENHANCE AND IMPROVE THE OVERALL EXPERIENCE FOR EVERYONE WHO WORKS OR LIVES IN THE DISTRICT OR VISITS THE GREENWAY, (3) TO DEVELOP ATTRACTIVE BUSINESS CONDITIONS THROUGHOUT THE BUSINESS IMPROVEMENT DISTRICT, AND (4) TO PRESERVE AND ENHANCE PROPERTY VALUES THROUGH THE DISTRICT. 0 0 1500000 1500000 1700330 GREENWAY BID WAS INCORPORATED WITH THE SPECIFIC MISSION TO (1) FACILITATE THE MAINTENANCE, OPERATIONS, AND ENHANCEMENTS OF THE ROSE F. KENNEDY GREENWAY PARK ("GREENWAY") ENSURING THAT THE GREENWAY IS AND REMAINS A FIRST-CLASS PARK EQUITABLY ACCESSIBLE TO A DIVERSE RANGE OF BOSTON RESIDENTS AND VISITORS, (2) ENHANCE AND IMPROVE THE OVERALL EXPERIENCE FOR EVERYONE WHO WORKS OR LIVES IN THE BUSINESS IMPROVEMENT DISTRICT ("DISTRICT") OR VISITS THE GREENWAY, (3) DEVELOP ATTRACTIVE BUSINESS CONDITIONS THROUGHOUT THE DISTRICT, AND (4) PRESERVE AND ENHANCE PROPERTY VALUES THROUGH THE DISTRICT. 1500000 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X THE ORGANIZATION 6175026240 33 BROAD STREET BOSTON MA 02109 X STEVE FABER CHAIR 1.00 X X 0 0 0 JACK CLARK TREASURER 1.00 X X 0 0 0 DON CHIAFARO JR DIRECTOR 1.00 X 0 0 0 JESSICA HUGHES DIRECTOR 1.00 X 0 0 0 JIM TIERNEY DIRECTOR 1.00 X 0 0 0 RON DRUKER DIRECTOR 1.00 X 0 0 0 NATE HAMILTON CLERK 1.00 X X 0 0 0 JENNY MORSE DIRECTOR 1.00 X 0 0 0 DANA WARREN DIRECTOR 1.00 X 0 0 0 RICHARD DIMINO EXECUTIVE DIRECTOR 4.00 40.00 X 0 0 0 0 0 0 0 0 0 0 A BETTER CITY 33 BROAD STREET 3RD FLOOR BOSTON MA 02109 ADMINISTRATIVE SUPPORT 199625 1 ASSESSMENT REVENUE 900099 1700330 1700330 1700330 1700330 1700330 0 0 1500000 1500000 99610 99610 12000 12000 27287 27287 56281 56281 1049 1049 3556 3556 1699783 1500000 199783 0 335703 574884 4571 340274 574884 16151 13543 171670 408341 187821 421884 X 152453 153000 152453 153000 340274 574884 547 0 X 0 1 X 1 0 0 1 0 0 EXCESS ASSESSMENT RESERVES 408341 408341 1786510 86180 86180 1700330 0 1700330 1785963 86180 86180 1699783 0 1699783 1 ROSE FITZGERALD KENNEDY GREENWAY CONSERVANCY INC 185 KNEELAND STREET 2ND FLOOR BOSTON MA 02111 201678932 501(C)(3) 1500000 0 N/A MAINTENANCE, OPERATIONS, AND ENHANCEMENTS OF THE ROSE F. KENNEDY GREEWAY PARK. 1 0 PART I, LINE 2: GREENWAY BID ENTERED INTO A FUNDING AND SERVICES AGREEMENT WITH THE ROSE FITZGERALD KENNEDY GREENWAY CONSERVANCY, INC. (THE "CONSERVANCY"). THE AGREEMENT PROVIDES FOR GREENWAY BID TO PAY THE CONSERVANCY AN ANNUAL GREENWAY SERVICES CONTRIBUTION OF $1,000,000 IN EQUAL QUARTERLY PAYMENTS COMMENCING ON SEPTEMBER 1, 2018 AND EXPIRING ON JUNE 1, 2023. IN ADDITION, THE AGREEMENT PROVIDES FOR GREENWAY BID TO PAY THE CONSERVANCY AN ANNUAL GREENWAY ENHANCEMENTS CONTRIBUTION OF $500,000 IN EQUAL QUARTERLY PAYMENTS THROUGH JUNE 30, 2023. AS OF JUNE 30, 2022, FUTURE PAYMENTS UNDER THE AGREEMENT ARE CONDITIONAL UPON CERTAIN FACTORS. FOR THE YEARS ENDED JUNE 30, 2023 AND 2022, GREENWAY BID PAID $1,500,000 TO THE CONSERVANCY WHICH ARE PRESENTED AS GREENWAY SERVICES CONTRIBUTIONS IN THE ACCOMPANYING STATEMENT OF FUNCTIONAL EXPENSES. FOR EACH OF THE YEARS PRESENTED, 100% OF THE ORGANIZATION'S PROGRAM COSTS ARE PAID TO THE CONSERVANCY UNDER THIS AGREEMENT. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY THE CONTRACT MANAGER, THE INDEPENDENT ACCOUNTING CONSULTANT AND THE AUDIT COMMITTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTEREST ARE DISCUSSED AT BOARD MEETINGS, IF ANY. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC AT THE ORGANIZATION'S OFFICE.