2023-11-14T11:39:21-06:00 2023-06-30 560587513 HAIGH BYRD & LAMBERT LLP PO BOX 53349 FAYETTEVILLE NC 283053349 990 2022-07-01 820832831 COOL SPRING DOWNTOWN DISTRICT INC COOL 9107233753 222 HAY STREET FAYETTEVILLE NC 28301 C JOHN MALZONE TREASURER 9107233753 2023-11-07 1 C JOHN MALZONE 999009999 0 STEPHEN G TERRY P00093449 9104831437 2023-11-07 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MOLLY ARNOLD 222 HAY STREET FAYETTEVILLE NC 28301 1021543 0 X WWW.VISITDOWNTOWNFAYETTEVILLE.COM X 2017 NC SEE SCHEDULE O 22 22 4 100 0 0 666639 809050 128923 145643 4 4 -21776 -36966 773790 917731 0 0 0 0 229090 246932 0 0 0 617596 704122 846686 951054 -72896 -33323 404618 340186 42027 10918 362591 329268 SEE SCHEDULE O 0 0 896021 145647 THE ORGANIZATION HAS ORGANIZED, PROMOTED AND SUPPORTED MULTIPLE ARTS & CULTURAL EVENTS IN THE CENTRAL CORE OF THE CITY'S DOWNTOWN DISTRICT. 896021 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 26 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X X THE ORGANIZATION 9107233753 222 HAY STREET FAYETTEVILLE NC 28301 X MOLLY ARNOLD CHAIR 5.00 X X 0 0 0 MICHAEL PENNINK VICE CHAIR 5.00 X X 0 0 0 WESLEY FOUNTAIN MEMBER 2.00 X 0 0 0 JOSH CHOI SECRETARY 5.00 X X 0 0 0 RHONDA HASKINS TREASURER 5.00 X X 0 0 0 DAVID WOODHOUSE MEMBER 2.00 X 0 0 0 DWIGHT SMITH MEMBER 2.00 X 0 0 0 EBONY MCNEILL MEMBER 2.00 X 0 0 0 ANDE THOMAS MEMBER 2.00 X 0 0 0 DENISE STROTHER MEMBER 2.00 X 0 0 0 THEODORE W MOHN MEMBER 2.00 X 0 0 0 ROBERT M VAN GEONS MEMBER 2.00 X 0 0 0 COURTNEY BANK-MCLAUGHLIN MEMBER 2.00 X 0 0 0 ISAAC HALVERSON MEMBER 2.00 X 0 0 0 JACQUELINE SMITH MEMBER 2.00 X 0 0 0 LEJUANE BOWENS MEMBER 2.00 X 0 0 0 ISABELLA EFFON MEMBER 2.00 X 0 0 0 SHAKEYLA INGRAM MEMBER 2.00 X 0 0 0 CHRIS CAULEY MEMBER 2.00 X 0 0 0 C JOHN MALZONE MEMBER 2.00 X 0 0 0 ANNA HODGES-SMITH MEMBER 2.00 X 0 0 0 0 0 0 0 0 0 0 0 625000 184050 809050 145643 145643 145643 4 4 66846 103812 -36966 -36966 917731 145647 0 -36966 228594 182875 45719 18338 14670 3668 28644 28644 135894 135894 5034 4782 252 3265 3265 8823 8416 407 8336 8336 23405 23405 12526 12126 400 DOWNTOWN PROGRAMMING CO 393848 393848 DUMPSTER PROGRAM 29236 29236 SUPPLIES 3272 3108 164 TELEPHONE AND INTERNET 2455 2332 123 49384 45084 4300 951054 896021 55033 0 167658 162377 40000 95238 99492 139907 61590 101722 78317 404618 340186 42027 10918 42027 10918 X 322591 329268 40000 0 362591 329268 404618 340186 -33323 0 X 0 1 X 1 0 X 307133 411572 541176 752872 875896 2888649 307133 411572 541176 752872 875896 2888649 2888649 3 4 4 11 78217 78217 2966877 335739 0.97360 0.96890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 139907 61590 78317 78317 1021543 103812 103812 917731 0 917731 1054866 103812 103812 951054 0 951054 PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING COSTS 103,812. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING COSTS 103,812. FUNDRAISING ACTIVITY 66846 66846 103812 66846 66846 103812 103812 -36966 FORM 990, PART 1, LINE 1 THE MISSION OF THE COOL SPRING DOWNTOWN DISTRICT IS TO CREATE AND SUSTAIN AN ARTS AND ENTERTAINMENT DISTRICT EMANATING FROM THE CORE OF THE CITY. THE DISTRICT IS TO BE A VIBRANT CENTER OF ARTISTIC, CULTURAL, CIVIC AND COMMERCIAL ACTIVITY; A PLACE WHERE PEOPLE LIVE, WORK, FREQUENTLY VISIT AND LOYALLY PATRONIZE; A ROBUST GENERATOR OF ECONOMIC PROSPERITY FOR ALL OF CUMBERLAND COUNTY. FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990 A COPY OF THE FORM 990 IS PROVIDED TO THE TREASURER AND REVIEWED BY THE TREASURER PRIOR TO ITS FILING FORM 990, PART VI, SECTION B, LINE 12C ENFORCEMENT OF CONFLICTS POLICY THE CONFLICT OF INTEREST POLICY IS TO REVIEW ANNUALLY TO ENSURE THERE ARE NO POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR TOP OFFICIAL SEE FORM 990, PART VI, LINE 15B COMPENSATION PROCESS FOR OFFICERS THE ORGANIZATION FOLLOWS THE PROCESS DESCRIBED IN TREASURY REGULATION 4958 (6) (C) FOR ESTABLISHING THE REBUTTABLE PRESUMPTION OF REASONABLENESS IN THE REVIEW, APPROVAL, AND DOCUMENTATION OF OFFICER, KEY MANAGEMENT, AND DIRECTOR COMPENSATION. THE EXECUTIVE COMMITTE REVIEWS AND APPROVES THE ENTIRE COMPENSATION PACKAGE OF EACH PERSON BASED ON COMPARABILITY FACTORS INCLUDING BUT NOT LIMITED TO THE SIZE OF THE ORGANIZATION, AND THE EMPLOYEE'S LENGENTH OF SERVICE. THIS PROCESS IS CONDUCTED ON AN ANNUAL BASIS FOR ALL POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. COOL SPRING TRANSPORT LLC 222 HAY STREET FAYETTEVILLE NC 28301 TRANSPORTATION NC 0 0