2025-05-15T10:01:40-05:00 2023-06-30 561333355 LEEPER KEAN AND RUMLEY LLP 3623 N ELM ST STE 100 GREENSBORO NC 27455 990 2022-07-01 562011549 DOWNTOWN GREENSBORO INC DOWN 3363790060 532 SOUTH ELM STREET GREENSBORO NC 27406 ZACK MATHENY PRESIDENT 3363790060 2025-05-13 1 0 MARTIN W DURRENCE P01226384 3362743700 2025-05-13 2022 2025-03-06 01:10:19Z X ZACK MATHENY 532 SOUTH ELM STREET GREENSBORO NC 27406 2345593 0 X DOWNTOWNGREENSBORO.ORG X 1996 NC PROMOTE AND STIMULATE NEW INVESTMENT, INTEREST AND ECONOMIC DEVELOPMENT IN THE CENTER CITY AREA OF GREENSBORO, NORTH CAROLINA. 20 20 11 0 0 0 711822 856373 1216875 1476443 362 11339 0 0 1929059 2344155 150415 545830 0 0 572725 633823 0 0 0 1158567 1103833 1881707 2283486 47352 60669 1475493 1610961 48797 123596 1426696 1487365 PROMOTE AND STIMULATE NEW INVESTMENT, INTEREST AND ECONOMIC DEVELOPMENT IN THE CENTER CITY AREA OF GREENSBORO, NORTH CAROLINA. 0 0 DOWNTOWN MUNICIPAL SERVICE DISTRICT (DMSD) FUNDS PROJECT TO PROVIDE FUNDS LEVIED AND COLLECTED BY THE CITY FROM AD VALOREM PROPERTY TAXES AND SALES TAXES IN THE DMSD AS AUTHORIZED BY NCGS 160A-536(D)TO DGI TO PERFORM, PROMOTE, AND DEVELOP SERVICES, FACILITIES, FUNCTIONS, AND PROMOTIONAL AND DEVELOPMENTAL ACTIVITIES IN THE DMSD. FUNDS ARE USED TO POSITION THE DOWNTOWN BUSINESS IMPROVEMENT DISTRICT AS AN ATTRACTIVE, VIBRANT DESTINATION FOR THOSE WHO WORK, PLAY AND LIVE HERE THROUGH PUBLIC SPACE MANAGEMENT, ECONOMIC DEVELOPMENT INITIATIVES, MARKETING SERVICES, SPECIAL EVENTS AND ADVOCACY ACTIVITIES. ECONOMIC SERVICES PROJECT - TO PROVIDE FOR THE REVITALIZATION AND ECONOMIC DEVELOPMENT OF DOWNTOWN GREENSBORO. SERVICES INCLUDE MARKETING OF THE DOWNTOWN AREA, ECONOMIC DEVELOPMENT PROGRAMS, PROGRAM MANAGEMENT AND IMPLEMENTATION AS WELL AS PROVIDING LONG TERM VISION DEVELOPMENT AND PLANNING RECOMMENDATIONS FOR THE DOWNTOWN AREA. 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 15 0 1 11 1 0 0 0 0 1 1 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 0 0 X ZACK MATHENY 3363790060 532 SOUTH ELM STREET GREENSBORO NC 27406 X ZACK MATHENY PRESIDENT & CEO 40.00 2.00 X X 188956 0 0 ANDY ZIMMERMAN BOARD CHAIRMAN 1.00 1.00 X X 0 0 0 TRACEY MYERS BOARD PAST CHAIR 1.00 1.00 X X 0 0 0 ADRIAN SMITH BOARD TREASURER 1.00 1.00 X X 0 0 0 MARK PRINCE BOARD EXECUTIVE COMMITTEE 1.00 1.00 X 0 0 0 MARSH PRAUSE BOARD EXECUTIVE COMMITTEE 1.00 1.00 X 0 0 0 MARK BRAZIL BOARD EXECUTIVE COMMITTEE 1.00 1.00 X 0 0 0 TAIWO JAIYEABA EX OFFICIO 1.00 1.00 X 0 0 0 DANNY GATLING BOARD MEMBER 1.00 1.00 X 0 0 0 GINA HICKS BOARD MEMBER 1.00 1.00 X 0 0 0 DAMION MOORE BOARD MEMBER 1.00 1.00 X 0 0 0 LONNIE COCKERHAM BOARD MEMBER 1.00 1.00 X 0 0 0 MELISSA GREER BOARD MEMBER 1.00 1.00 X 0 0 0 SERAJ PATEL BOARD MEMBER 1.00 1.00 X 0 0 0 CHRIS WALDECK BOARD MEMBER 1.00 1.00 X 0 0 0 SEAN REAVES BOARD MEMBER 1.00 1.00 X 0 0 0 KRISTINA FULLER BOARD MEMBER 1.00 1.00 X 0 0 0 STU NICHOLS BOARD MEMBER 1.00 1.00 X 0 0 0 KIMBERLY OSBOURNE BOARD MEMBER 1.00 1.00 X 0 0 0 LORI POAG BOARD MEMBER 1.00 1.00 X 0 0 0 LEIGH WILLIAMS BOARD MEMBER 1.00 1.00 X 0 0 0 SKIP ALSTON BOARD MEMBER 1.00 1.00 X 0 0 0 MICHAEL HALFORD BOARD MEMBER 1.00 1.00 X 0 0 0 JOY ROSS CFO 36.00 2.00 X 73252 0 0 262208 0 0 1 0 1 0 0 332033 494340 30000 856373 CITY OF GREENSBORO - B 561700 1218778 1218778 CITY OF GREENSBORO - S 711300 257665 257665 1476443 12777 12777 1438 -1438 -1438 -1438 2344155 1476443 0 11339 545830 301230 225551 32180 35979 38883 1271 8700 52583 211785 13293 42090 85708 37071 623935 19060 2037 DUES & SUBSCRIPTIONS 6300 2283486 X 204035 270471 653812 951936 479852 312278 97981 51370 94288 74882 34313 19406 5500 5500 1475493 1610961 48797 123596 48797 123596 X 841309 958224 585387 529141 1426696 1487365 1475493 1610961 60669 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 78498 62130 16368 15790 12752 3038 19406 X 2345593 1438 1438 2344155 0 2344155 2284924 1438 1438 2283486 0 2283486 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY OR ASSET IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF JUNE 30, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR ASSET OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS NOT CURRENTLY UNDER EXAMINATION FOR ANY TAX PERIODS. THE ORGANIZATION, BY EXPIRATION OF THE STATUE OF LIMITATIONS, IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR THE FISCAL YEARS ENDING JUNE 30, 2019 AND EARLIER. PART XI, LINE 2D - OTHER ADJUSTMENTS: DONATED PROGRAM EXPENSES LOSS ON DISPOSAL OF ASSETS 1,438. PART XII, LINE 2D - OTHER ADJUSTMENTS: DONATED PROGRAM EXPENSES LOSS ON DISPOSAL OF ASSETS 1,438. 1 DOWNTOWN GREENSBORO FOUNDATION 532 SOUTH ELM STREET GREENSBORO NC 27406 562242416 501(C)3 425884 0 CATALYST GRANT NEIGHBORS GSO LLC 804 GREEN VALLEY ROAD SUITE 200 GREENSBORO NC 27408 871053054 25000 0 CATALYST GRANT 112 W LEWIS STREET QOZB LLC 112 WEST LEWIS STREET GREENSBORO NC 27406 874220200 25000 0 CATALYST GRANT NOMUNICATION LLC 501 NORTH MENDENHALL STREET GREENSBORO NC 274011745 880796468 20000 0 CATALYST GRANT 1 3 0 0 0 ZACK MATHENY PRESIDENT & CEO 188956 0 0 0 0 0 0 0 0 0 188956 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B ZACK MATHENY, THE CURRENT PRESIDENT & CEO OF THE ORGANIZATION AND JOY ROSS, THE CURRENT CHIEF FINANCIAL OFFICER OF THE ORGANIZATION REVIEW FORM 990 FOR COMPLETENESS AND ACCURACY BEFORE FILING AND SUGGEST ANY CHANGES THAT MIGHT NEED TO BE MADE. FORM 990, PART VI, SECTION B, LINE 12C IF A BOARD MEMBER HAS A CONFLICT OF INTEREST THEY MUST ABSTAIN FROM VOTING ON AN ITEM FOR WHICH THEY HAVE A VESTED INTEREST. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE CEO IS DETERMINED BY USING INDUSTRY STANDARD COMPENSATION OBTAINED FROM THE INTERNATIONAL DOWNTOWN ASSOCIATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS TAX RETURNS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A FORM 990, PART VII, SECTION A IS BEING AMENDED TO REMOVE A PREVIOUSLY LISTED BOARD MEMBER WHO DID NOT ATTEND OR PARTICIPATE IN BOARD MEETINGS AND TO CHANGE A BOARD MEMBER TO EX OFFICIO WITH NO VOTING RIGHTS. FORM 990, PART X, LINES 1 & 2 FORM 990 PART X, LINES 1 & 2 ARE BEING AMENDED TO SEPERATELY REPORT NON-INTEREST BEARING CASH AND SAVINGS AND TEMPORARY CASH INVESTMENTS. DOWNTOWN GREENSBORO FOUNDATION 532 SOUTH ELM STREET GREENSBORO NC 27406 562242416 SUPPORT NC 501(C)(3) 11, TYPE II DOWNTOWN GREENSBORO INC 1 DOWNTOWN GREENSBORO IMPROVEMENT CORP 532 SOUTH ELM STREET GREENSBORO NC 27406 202675071 ECONOMIC DEVELOPMENT NC 501(C)(4) N/A DOWNTOWN GREENSBORO INC 1 0 1 1 0 0 0 0 0 0 0 0 1 1 1 1 0 1 0 0 DOWNTOWN GREENSBORO FOUNDATION B 425884 DOWNTOWN GREENSBORO FOUNDATION C 331980 DOWNTOWN GREENSBORO FOUNDATION Q 331980