2025-05-14T10:58:18-05:00 2024-06-30 510232399 Belfint Lyons & Shuman PA 1011 Centre Rd Ste 310 Wilmington DE 19805 990 2023-07-01 510362299 WDBID Management Company WDBI 3024254200 409 N Orange Street Wilmington DE 19801 Michael Maggitti Executive Director 3024254200 2025-05-07 1 0 Jeffrey A Elwell CPA P00012195 3022250600 2025-05-07 2023 2025-03-06 01:10:19Z Downtown Visions Michael Maggitti 409 N Orange Street Wilmington DE 19801 3084855 0 X www.downtownwilmingtonde.com X 1994 DE WDBID Management Company (Downtown Visions) was established to create a safer, cleaner and well-managed central business district (City). Downtown Visions programs are designed to supplement City services in the areas of crime prevention and control, sidewalk cleaning and general pedestrian assistance within the district. Downtown Visions also provides marketing and promotional activities designed to enhance the image of the business district. 29 28 64 0 0 0 217264 174902 2830568 2850614 9803 31602 0 27737 3057635 3084855 17500 33690 0 0 2257466 2408642 7727 10100 10100 800302 876964 3082995 3329396 -25360 -244541 2985347 2593392 748994 601580 2236353 1991812 X WDBID Management Company (Downtown Visions) was established to create a safer, cleaner and well-managed central business district (City). Downtown Visions programs are designed to supplement City services in the areas of crime prevention and control, sidewalk cleaning and general pedestrian assistance within the district. Downtown Visions also provides marketing and promotional activities designed to enhance the image of the business district. 0 0 1289543 1393176 Safety Division Programs - Aid in crime reduction and enhance the perception of safety in downtown Wilmington. Downtown Visions offers a range of services to property owners, businesses, residents, and visitors. 902680 1051550 Cleaning Division Programs - Helping to keep Downtown Wilmington clean is a key mission for Downtown Visions. Our Cleaning Ambassador crews supplement the services of the City of Wilmington to provide premium cleaning results. This ensures that Wilmington's streets and sidewalks are clean and graffiti-free and that downtown presents a neat, welcoming environment each and every morning. 386862 33690 433625 Marketing and Promotion Programs - Downtown Visions also provides marketing and promotional activities designed to enhance the image of the business district, including grants to facilitate upgrades to the face of buildings and storefronts. 2579085 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 20 0 64 1 0 0 0 0 0 0 0 0 0 0 0 0 X 29 28 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 X X WDBID Management Company 3024254200 409 Orange Street Wilmington DE 19801 Adam Landis Esq Director - Chairman 1.00 X 0 0 0 Chief Wilfredo Campos Director 1.00 X 0 0 0 Danielle Andrisani Nowaczyki Esq Director 1.00 X 0 0 0 Deborah Schwartz Director 1.00 X 0 0 0 Hillary Patterson Esq Director 1.00 X 0 0 0 Honorable Ernest Trippi Congo Director 1.00 X 0 0 0 Honorable Stephanie Bolden Director 1.00 X 0 0 0 Jaime Bohn Director 1.00 X 0 0 0 Jed Hatfield Director - 2nd Vice Chair 1.00 X X 0 0 0 John Hawkins Director 1.00 X 0 0 0 John Kaczowka Director 1.00 X 0 0 0 John Williams Esq Director 1.00 X 0 0 0 Joseph Guzzardo Director 1.00 X 0 0 0 Julia Han Director 1.00 X 0 0 0 Kevin McGonegal Director 1.00 X 0 0 0 Michael Maggitti Executive Director 40.00 X X 157916 0 6035 Michael Vanni Director 1.00 X 0 0 0 Mona Parikh Esq Director 1.00 X 0 0 0 Yvonne Deadwylelr Director 1.00 X 0 0 0 Peggy Strine Director - 1st Vice Chair 1.00 X X 0 0 0 Randy Kunkle Director 1.00 X 0 0 0 Sallie Hendricks Director 1.00 X 0 0 0 Samira Aird Director 1.00 X 0 0 0 Sean Park director 1.00 X 0 0 0 Stan Soja Director 1.00 X 0 0 0 Thomas Hanson Esq Director 1.00 X 0 0 0 Vernita Dorsey Director 1.00 X 0 0 0 Vito I DiMaio Director 1.00 X 0 0 0 Loshawn Maxwell Senior Director of Finance 40.00 X 120294 0 6879 278210 0 12914 2 0 1 0 0 29815 145087 174902 Income From Assessment 900099 2626394 2626394 Service Contracts 900099 159845 159845 Finance Charges 900099 64375 64375 2850614 28602 28602 3000 0 3000 3000 3000 Families First Coronvi 900099 27737 27737 27737 3084855 2878351 0 31602 33690 33690 310479 257746 52733 1768942 1485066 283876 40288 29233 11055 57059 13778 43281 231874 195938 35936 6666 6666 48300 48300 10100 10100 69459 67616 1843 10237 3155 7082 112344 99564 12780 9423 9423 5631 4786 845 88512 75235 13277 144008 115051 28957 Bad Debt Expense 102769 102769 Repairs & Maintenance 80664 71872 8792 Communications 48727 12657 36070 Supplies 42810 36267 6543 107414 77431 29983 3329396 2579085 740211 10100 1594282 1142969 114096 159934 47351 38582 1186624 790808 327564 395816 902054 856091 2985347 2593392 219505 205987 8974 10900 406307 374618 114208 10075 748994 601580 X 0 0 0 0 2236353 1991812 2236353 1991812 2985347 2593392 -244541 0 X X 0 1 X 1 0 X 158261 624316 512969 217264 194223 1707033 2627471 2609921 2522342 2579888 2626394 12966016 2785732 3234237 3035311 2797152 2820617 14673049 14673049 2662 2995 1228 1053 28602 36540 14709589 1244052 0.99750 0.99920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 398176 146597 251579 788448 644211 144237 395816 Receivable From Affiliate - WDBID Properties Company 282268 Investment in WDBID Properties Company 425621 Receivable From Affiliate - Clean and Safe Services Inc 144482 Contribution Receivable 3720 856091 Assessment Overpayments 10075 10075 X 2981712 -374 -374 2982086 102769 102769 3084855 3239323 12696 12696 3226627 102769 102769 3329396 Part X, Line 2: Deferred tax assets or liabilities are calculated based upon the future tax effects of differences between events recorded for book and tax purposes as of the balance sheet date. The deferred tax provision for the year is the net difference between changes in deferred tax assets or liabilities at the beginning and end of the year. Deferred taxes arise principally from the effect of available net operating losses. Part XI, Line 2d - Other Adjustments: Clean & Safe Services, Inc. Revenue 42,278. Intercompany Revenue Elimination -127,852. WDBID Properties, Inc. Revenue 85,200. Part XI, Line 4b - Other Adjustments: Bad Debt Expense 102,769. Part XII, Line 2d - Other Adjustments: Expenses WDBID Properties, Inc. 92,674. Expenses Clean & Safe Services, Inc. 47,874. Intercompany Expense Elimination -127,852. Part XII, Line 4b - Other Adjustments: Bad Debt Expense 102,769. 1 NERDiT Cares 212 West 9th Street Wilmington DE 19801 832957814 20000 0 Reimbursement type grant, given to businesses in the Wilmington Business Improvement District for facade improvements. Delaware College of Art and Design 600 North Market Street Wilmington DE 19801 522027415 10000 0 Reimbursement type grant, given to businesses in the Wilmington Business Improvement District for fit-out improvements. Part I, Line 2: Grants are distributed based upon an approval process through the Facade Improvement Committee. Grants are reimbursement type, thus disbursements are approved prior to distribution to recipients. X 0 0 X 0 0 0 0 0 0 0 0 0 Michael Maggitti Executive Director 157916 0 0 0 0 0 6035 0 0 0 163951 0 0 0 Part 1 Line 1b explanation: Gross-up payments are made for taxable bonuses and health insurance reimbursements to ensure that recipients receive the intended net benefit after taxes. These payments are reviewed and approved by the board of directors during regular meetings. Form 990, Part VI, Section B, line 11b The 990 is reviewed by the executive director and the Senior Director of Fiannce & Administration prior to filing. Form 990, Part VI, Section B, line 15a The executive committee of the board of directors meets annually in June to determine the compensation of the organization's executive director. Form 990, Part VI, Section C, line 18 The organization makes its tax returns available to the public upon request. Form 990, Part VI, Section C, line 19 The organization makes its governing documents and financial statements available to the public upon request. Form 990, Part XII, Line 2c: The audit committee, a sub-committee of the board of directors, oversees all activities related to the audit. No change from prior years. City of Wilmington Delaware 800 N French Street Wilmington DE 19801 Local Government DE 0 Clean & Safe Services Inc 409 N Orange Street Wilmington DE 19801 510414050 Cleaning and Safety Services DE N/A C -55967 14058 1.00000 0 WDBID Properties Company 409 N Orange Street Wilmington DE 19801 510399174 Hold real estate DE N/A C -7474 398904 1.00000 0 0 0 0 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 WDBID Properties Company D 707889 Intercompany Loans & Investment WDBID Properties Company K 85200 Annual Rent Clean & Safe Services Inc D 144482 Intercompany Loans Clean & Safe Services Inc O 42652 Shared Employee Compensation