2025-10-21T17:59:54-04:00 2024-12-31 030410574 VICTOR J CANNISTRA CPA PC 43 KENSICO DR FL 2 MOUNT KISCO NY 10549 990 2024-01-01 320000310 THE DOWNTOWNWATERFRONT BUSINESS IMPROVEMENT DIST INC OF YONKERS NY DOWN 9149696660 15 MAIN STREET YONKERS NY 10701 KEN DEARDEN CHAIRMAN 9149696660 2025-10-01 true false VICTOR J CANNISTRA CPA P00287273 9142413605 2025-10-21 2024 2025-03-06 01:10:19Z KEN DEARDEN 15 MAIN STREET YONKERS NY 10701 1674718 false X WWW.YONKERSDOWNTOWN.COM X 2002 NY THE YONKERS DOWNTOWN/WATERFRONT BUSINESS IMPROVEMENT DISTRICT SHALL SERVE THE SPECIAL IMPROVEMENT DISTRICT IDENTIFIED WITHIN ITS GEOGRAPHICALLY SPECIFIED BOUNDS, THE YONKERS BUSINESS COMMUNITY AND THE CITY OF YONKERS TO FORMULATE, PROMOTE AND IMPLEMENT THE ECONOMIC REVITALIZATION AND GENERAL WELFARE OF THE DISTRICT AND THE CITY, PROMOTE AND PRESERVE THE CULTURAL, HISTORIC, TOURIST AND CIVIC INTERESTS OF THE DISTRICT AND THE CITY; MOBILIZE AVAILABLE PUBLIC AND PRIVATE RESOURCES FOR THESE PURPOSES; PROVIDE A MECHANISM BY WHICH SERVICE FIRMS, RETAIL ESTABLISHMENTS, PROPERTY OWNERS, EMPLOYERS, CITIZENS, AND OTHERS CAN COOPERATE TO PROMOTE BUSINESS OPPORTUNITIES, EMPLOYMENT, CONSUMER CHOICES, SHOPPERS' FACILITIES, AND THE GENERAL CIVIC INTERESTS; AND AID, WORK WITH, AND PARTICIPATE IN THE ACTIVITIES OF OTHER ORGANIZATIONS, INDIVIDUALS AND PUBLIC AND PRIVATE ENTITIES WITHIN AND OUTSIDE THE CITY ENGAGED IN SIMILAR ACTIVITES. 12 12 17 60 0 291701 179000 1480249 1493193 245 2525 0 1772195 1674718 0 0 843933 853463 0 0 1033490 1036631 1877423 1890094 -105228 -215376 473605 332892 48757 123420 424848 209472 X THE YONKERS DOWNTOWN/WATERFRONT BUSINESS IMPROVEMENT DISTRICT SHALL SERVE THE SPECIAL IMPROVEMENT DISTRICT IDENTIFIED WITHIN ITS GEOGRAPHICALLY SPECIFIED BOUNDS, THE YONKERS BUSINESS COMMUNITY AND THE CITY OF YONKERS TO FORMULATE, PROMOTE AND IMPLEMENT THE ECONOMIC REVITALIZATION AND GENERAL WELFARE OF THE DISTRICT AND THE CITY, PROMOTE AND PRESERVE THE CULTURAL, HISTORIC, TOURIST AND CIVIC INTERESTS OF THE DISTRICT AND THE CITY; MOBILIZE AVAILABLE PUBLIC AND PRIVATE RESOURCES FOR THESE PURPOSES; PROVIDE A MECHANISM BY WHICH SERVICE FIRMS, RETAIL ESTABLISHMENTS, PROPERTY OWNERS, EMPLOYERS, CITIZENS, AND OTHERS CAN COOPERATE TO PROMOTE BUSINESS OPPORTUNITIES, EMPLOYMENT, CONSUMER CHOICES, SHOPPERS' FACILITIES, AND THE GENERAL CIVIC INTERESTS; AND AID, WORK WITH, AND PARTICIPATE IN THE ACTIVITIES OF OTHER ORGANIZATIONS, INDIVIDUALS AND PUBLIC AND PRIVATE ENTITIES WITHIN AND OUTSIDE THE CITY ENGAGED IN SIMILAR ACTIVITES. false false 1691999 1493193 THE BID DELIVERS SERVICES SUCH AS PUBLIC SAFETY AND VISITOR SERVICES, MARKETING AND PROMOTIONAL PROGRAMS, CAPITAL IMPROVEMENTS AND BEAUTIFICATION IN DOWNTOWN WATERFRONT YONKERS DISTRICT. THE SERVICES PROVIDED ARE SUPPLEMENTAL TO THE SERVICE PROVIDED TO THE DISTRICT BY THE CITY OF YONKERS. 1691999 true true false false false false false false false false true false false true true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 44 0 17 true false false false false false false false false false false false false X 12 12 false false false false false false false true true false false true true true true true true true false false NY X X THE ORGANIZATION 9149696660 15 MAIN STREET YONKERS NY 10701 KEN DEARDEN CHAIRMAN 5.00 X X 0 0 0 AVI AARONS VICE CHAIR 5.00 X X 0 0 0 HON MIKE SPANO BOARD MEMBER 2.00 X 0 0 0 JOHN LISZEWSKI BOARD MEMBER 2.00 X 0 0 0 GARRY KLEIN BOARD MEMBER 2.00 X 0 0 0 ROBERT HOTHAN BOARD MEMBER 2.00 X 0 0 0 MICHAEL MITNICK BOARD MEMBER 2.00 X 0 0 0 ANDREW ROMANO BOARD MEMBER 2.00 X 0 0 0 MARIE COLAIANNI BOARD MEMBER 2.00 X 0 0 0 DEANNA ROBINSON BOARD MEMBER 2.00 X 0 0 0 PETER MURRAY BOARD MEMBER 2.00 X 0 0 0 JESSE DEUTCH BOARD MEMBER 2.00 X 0 0 0 SARA BRODY EXECUTIVE DI 40.00 X 124988 0 0 124988 1 false false false SOUND ASSOCIATES 979 SAW MILL RIVER ROAD YONKERS NY 10710 ENTERTAINMENT 123720 1 179000 179000 TAX ASSESSMENTS 561700 864098 864098 PROMOTIONAL INCOME 713990 625047 625047 OTHER PROGRAM SERVICE REVENUE 561700 4048 4048 1493193 2525 2525 1674718 1493193 2525 125996 100797 25199 617281 558314 58967 46645 41362 5283 63541 56347 7194 52069 52069 58215 30000 28215 3914 3914 30334 21969 8365 46132 36906 9226 108 86 22 355 355 25557 25557 63096 59896 3200 FESTIVAL PROGRAMS 654068 654068 QUALITY OF LIFE & SECURIT 69767 69767 STREETSCAPE PROGRAM 31016 31016 BAD DEBT EXPENSE 2000 2000 1890094 1691999 198095 0 253096 136795 69107 6767 18030 2650 27893 23792 405188 342479 78323 62709 27156 100179 473605 332892 23615 25255 25142 98165 48757 123420 X 424848 209472 424848 209472 473605 332892 -215376 X false true X true X 358909 329870 461349 291701 179000 1620829 697993 805134 831151 839371 864098 4037747 1056902 1135004 1292500 1131072 1043098 5658576 5658576 17 11 469 245 2525 3267 5661843 6358424 0.99940 0.99990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 405188 342479 62709 62709 OPERATING RIGHT OF USE ASSET 98165 SECURITY DEPOSITS 2014 100179 OPERATING LEASE LIABILITY 98165 98165 X 1674718 1674718 1674718 1890094 1890094 1890094 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. FORM 990 - ORGANIZATION'S MISSION THE YONKERS DOWNTOWN/WATERFRONT BUSINESS IMPROVEMENT DISTRICT SHALL SERVE THE SPECIAL IMPROVEMENT DISTRICT IDENTIFIED WITHIN ITS GEOGRAPHICALLY SPECIFIED BOUNDS, THE YONKERS BUSINESS COMMUNITY AND THE CITY OF YONKERS TO FORMULATE, PROMOTE AND IMPLEMENT THE ECONOMIC REVITALIZATION AND GENERAL WELFARE OF THE DISTRICT AND THE CITY, PROMOTE AND PRESERVE THE CULTURAL, HISTORIC, TOURIST AND CIVIC INTERESTS OF THE DISTRICT AND THE CITY; MOBILIZE AVAILABLE PUBLIC AND PRIVATE RESOURCES FOR THESE PURPOSES; PROVIDE A MECHANISM BY WHICH SERVICE FIRMS, RETAIL ESTABLISHMENTS, PROPERTY OWNERS, EMPLOYERS, CITIZENS, AND OTHERS CAN COOPERATE TO PROMOTE BUSINESS OPPORTUNITIES, EMPLOYMENT, CONSUMER CHOICES, SHOPPERS' FACILITIES, AND THE GENERAL CIVIC INTERESTS; AND AID, WORK WITH, AND PARTICIPATE IN THE ACTIVITIES OF OTHER ORGANIZATIONS, INDIVIDUALS AND PUBLIC AND PRIVATE ENTITIES WITHIN AND OUTSIDE THE CITY ENGAGED IN SIMILAR ACTIVITES. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. AFTER MANAGEMENT HAS REVIEWED FORM 990, IT IS SUBMITTED TO THE BOARD OF DIRECTORS TO REVIEW AND APPROVE PRIOR TO SUBMISSION. FORM 990, PAGE 6, PART VI, LINE 12C THE DOWNTOWN/WATERFRONT BUSINESS IMPROVEMENT DISTRICT, INC. OF YONKERS, NY CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT ANNUALLY MONITORS AND ENFORCES. THE BOARD CURRENTLY MANDATES THAT ALL MEMBERS OF MANAGEMENT AND THE GOVERNING BODY ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EXISTS, THE MEMBER OF THE BOARD WILL BE NOTIFIED IMMEDIATELY FOR APPROPRIATE ACTION. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE COMMITTEE DETERMINES EXECUTIVE DIRECTOR COMPENSATION BY REVIEWING APPROPRIATE AND ADEQUATE DATA TO DETERMINE THE REASONABLENESS OF COMPENSATION BEING CONSIDERED. THE DECISION IS ADEQUATELY DOCUMENTED IN THE MINUTES OF THE ORGANIZATION. THE COMPENSATION IS REVIEWED PERIODICALLY BY THE EXECUTIVE COMMITTEE AND BROUGHT TO THE FULL BOARD FOR A VOTE. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS 990 AVAILABLE FOR PUBLIC INSPECTION ON GUIDESTAR.ORG. THE CHAR500, 990 AND FINANCIAL STATEMENTS ARE AVAILABLE ON CHARITIESNYS.COM. IN ADDITION, FORM 990, FINANCIAL STATEMENTS AND OTHER POLICIES OF THE ORGANIZATION ARE AVAILABLE UPON REQUEST.