STRATEGY STUDIO / PUBLIC DATA EXPLORER

WASHINGTON DC ECONOMIC PARTNERSHIP: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
WASHINGTON DC ECONOMIC PARTNERSHIP (EIN 31-1795776)
Tax period
2020-10-01 to 2021-09-30
Filed
2022-08-15
IRS object ID
202222279349304782
Schema version
2020v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-08-15T21:21:37-04:00ReturnTs
Tax Period End2021-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521373858PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DELEON & STANG CPAS AND ADVISORSBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1100 LAKEFOREST BLVD STE 650AddressLine1Txt
CityGAITHERSBURGCityNm
State AbbreviationMDStateAbbreviationCd
ZIP208772609ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN311795776EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WASHINGTON DC ECONOMIC PARTNERSHIPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWASHBusinessNameControlTxt
Phone2026618670PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11495 F ST NWAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20004ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKEITH SELLARSPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone2026618670PhoneNum
Signature2022-08-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKEITHPersonFirstNm
Person LastSELLARSPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCLINT LEHMAN CPAPreparerPersonNm
PTINP00840525PTIN
Phone3019489825PhoneNum
Preparation2022-08-15PreparationDt
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1WDCEPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerKEITH SELLARSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11495 F ST NWAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20004ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$4,941,399GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.WDCEP.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2001FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionTHE WASHINGTON, DC ECONOMIC PARTNERSHIP IS A PUBLIC-PRIVATE ORGANIZATION DEDICATED TO EXPANDING COMMERCE IN THE DISTRICT OF COLUMBIA. THE PARTNERSHIP IS AT THE FOREFRONT OF ATTRACTING NEW BUSINESS AND PROVIDING SERVICES TO GROWTH COMPANIES WITHIN THE DISTRICT. IT IS THE RECOGNIZED LEADER IN FORGING BUSINESS RELATIONSHIPS AMONG CORPORATE, CIVIC AND GOVERNMENT SECTORS THAT STRENGTHEN THE ECONOMIC VITALITY OF WASHINGTON, DC. ITS 501(C)(3) STRUCTURE EMPOWERS THE PARTNERSHIP TO COLLABORATE WITH ALL CONSTITUENT FACTORS IMPACTING SITE SELECTION, JOB CREATION AND COMMUNITY DEVELOPMENT AND IS PARTICULARLY COMMITTED TO IMPROVING UNDERSERVED AND EMERGING NEIGHBORHOODS. THROUGH ITS BEST-IN-CLASS RESEARCH AND MARKETING CAPABILITIES, THE WASHINGTON, DC ECONOMIC PARTNERSHIP FACILITATES GROWTH OPPORTUNITIES BY SHOWCASING INNOVATIVE COMMUNITIES, MENTORING TECHNOLOGY STARTUPS AND BRINGING TOGETHER THE INTERESTS OF RETAIL, MIXED-USE, PROFESSIONAL SERVICES AND COMMERCIAL DEVELOPMENT TO WASHINGTON, DC.ActivityOrMissionDesc
Voting Members Governing Body37VotingMembersGoverningBodyCnt
Voting Members Independent37VotingMembersIndependentCnt
Total Employee19TotalEmployeeCnt
Total Volunteers45TotalVolunteersCnt
Total Gross UBI$16,000TotalGrossUBIAmt
PY Contributions Grants$2,404,651PYContributionsGrantsAmt
CY Contributions Grants$4,463,049CYContributionsGrantsAmt
PY Program Service Revenue$637,884PYProgramServiceRevenueAmt
CY Program Service Revenue$461,950CYProgramServiceRevenueAmt
PY Investment Income$1,099PYInvestmentIncomeAmt
CY Investment Income$2,233CYInvestmentIncomeAmt
PY Other Revenue$25,002PYOtherRevenueAmt
CY Other Revenue$14,167CYOtherRevenueAmt
PY Total Revenue$3,068,636PYTotalRevenueAmt
CY Total Revenue$4,941,399CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,376,082PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,475,869CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,955,383PYOtherExpensesAmt
CY Other Expenses$3,439,400CYOtherExpensesAmt
PY Total Expenses$3,331,465PYTotalExpensesAmt
CY Total Expenses$4,915,269CYTotalExpensesAmt
PY Revenues Less Expenses-$262,829PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$26,130CYRevenuesLessExpensesAmt
Total Assets BOY$2,408,319TotalAssetsBOYAmt
Total Assets EOY$1,937,115TotalAssetsEOYAmt
Total Liabilities BOY$2,184,234TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,686,900TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$224,085NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$250,215NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE WASHINGTON, DC ECONOMIC PARTNERSHIP IS A PUBLIC-PRIVATE ORGANIZATION DEDICATED TO EXPANDING COMMERCE IN THE DISTRICT OF COLUMBIA.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,616,571ExpenseAmt
Revenue$476,117RevenueAmt
DescBUSINESS DEVELOPMENT: THE BUSINESS DEVELOPMENT PROGRAM ENDEAVORS TO FACILITATE BUSINESS DEVELOPMENT, ATTRACTION, EXPANSION, AND RETENTION IN THE DISTRICT'S CORE ECONOMIES. THE DC DOING BUSINESS GUIDE COVERS INFORMATION ESSENTIAL TO RELOCATING, STARTING, AND EXPANDING A BUSINESS INTO WASHINGTON, DC. THE DC NEIGHBORHOOD PROFILE IS A COMPREHENSIVE TOOL FOR ENTREPENEURS AS A WAY TO DISCOVER OPPORTUNITIES TO START AND EXPAND THEIR CONCEPTS IN WASHINGTON, DC. THE DC BUSINESS CHAT SPEAKERS SERIES IS A PROGRAM OF WDCEP TO SUPPORT ITS SMALL BUSINESS AND ENTREPRENEURSHIP INITIATIVE, ALLOWING ACCESS TO INDUSTRY LEADERS IN THE CITY AND NETWORKING OPPORTUNITIES WITH PANELISTS AND OTHER ATTENDEES.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,116,220ExpenseAmt
DescMARKETING & PR: THE PARTNERSHIP STRIVES TO REPOSITION THE DISTRICT'S IMAGE THROUGH PUBLIC RELATIONS CAMPAIGNS THAT REACH LOCAL, REGIONAL, NATIONAL, AND INTERNATIONAL MARKETS. THIS ALSO INCLUDE A YEAR-ROUND MARKETING CAMPAIGN AND SYSTEM OF OUTREACH MATERIALS TO PROMOTE WASHINGTON, DC'S BUSINESS ENVIRONMENT.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$870,512ExpenseAmt
DescSPECIAL EVENTS: THE PARTNERSHIP UTILIZES SPECIAL EVENTS AND EXPOSITIONS TO PROMOTE THE DISTRICT OF COLUMBIA'S INCENTIVES, DEVELOPMENT VISIONS, AND TO SERVE AS AN INFORMATION OUTREACH PROGRAM TO THE COMMUNITY. SPECIAL EVENTS ALSO GIVE THE PARTNERSHIP AN OPPORTUNITY TO SEEK CORPORATE SPONSORSHIPS AND PARTNERSHIPS. SINCE 2001, WDCEP'S ANNUAL MEETING AND DEVELOPMENT SHOWCASE HAS BEEN THE PREMIER GATHERING OF DC'S TOP BUSINESS AND COMMUNITY LEADERS TO CELEBRATE THE WASHINGTON, DC'S VIBRANT ECONOMY. WDCEP INVITES BUSINESS AND REAL ESTATE LEADERS ENTREPRENEURS, IDEA GENERATORS, DEVELOPERS, AND INVESTORS TO ATTEND THE ANNUAL MEETING AND DEVELOPMENT SHOWCASE.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$518,519ExpenseAmt
DescRESEARCH & INFO SYSTEMS: IN CONJUNCTION WITH THE DC DEVELOPMENT REPORT, WDCEP OFFERS AN INTERACTIVE DEVELOPMENT SEARCH AT SEARCH.WDCEP.COM. THIS TOOL ALLOWS USERS TO SEARCH NEARLY 1,600 DEVELOPMENT PROJECTS THAT HAVE BEEN COMPLETED IN WASHINGTON, DC SINCE 2001, UNDER CONSTRUCTION, OR IN THE PIPELINE. IN ORDER TO HELP NATIONAL AND LOCAL RETAILERS AND RESTAURANTS FIND SPACE IN DC, WDCEP, IN COORDINATION WITH THE OFFICE OF THE CHIEF TECHNOLOGY OFFICER, CREATED AN ONLINE SEARCH TOOL CALLED RETAIL SITE SEARCH. THIS INTERACTIVE SEARCH ALLOWS BUSINESSES TO QUERY NEARLY 500 RETAIL OPPORTUNITIES BY SIZE, NEIGHBORHOOD, TIMEFRAME, AND ADDRESS OR INTERSECTION.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$518,519TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses$4,121,822TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document31IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee19EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members37GoverningBodyVotingMembersCnt
Independent Voting Member37IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonWDCEPPersonNm
Phone2026618670PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11495 F ST NWAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20004ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (39 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
DONNA COOPER
CO-CHAIR1.00Yes (X)Yes (X)$0$0$0
JOHN FALCICCHIO
CO-CHAIR1.00Yes (X)Yes (X)$0$0$0
RICHARD LAKE
CO-CHAIR EME1.00Yes (X)Yes (X)$0$0$0
OMAR MCINTOSH
VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
TIMOTHY VEITH
TREASURER1.00Yes (X)Yes (X)$0$0$0
KENNETH BREWER
SECRETARY1.00Yes (X)Yes (X)$0$0$0
OLIVIA BYRNE
GENERAL COUN1.00Yes (X)Yes (X)$0$0$0
SYBONGILE COOK
DMPED REPRES1.00Yes (X)Yes (X)$0$0$0
KIM DREUX-KELLY
DIRECTOR1.00Yes (X)$0$0$0
ANITRA ANDROH
DIRECTOR1.00Yes (X)$0$0$0
JOSEPH ASKEW
DIRECTOR1.00Yes (X)$0$0$0
JACK BOARMAN
DIRECTOR1.00Yes (X)$0$0$0
STEVEN BOYLE
DIRECTOR1.00Yes (X)$0$0$0
JEAN-LUC BRAMI
DIRECTOR1.00Yes (X)$0$0$0
ANITA BUTANI
DIRECTOR1.00Yes (X)$0$0$0
BRUNSON COOPER
DIRECTOR1.00Yes (X)$0$0$0
COLETTE DAFOE
DIRECTOR1.00Yes (X)$0$0$0
KIM DREUX-KELLY
DIRECTOR1.00Yes (X)$0$0$0
JOSH ETTER
DIRECTOR1.00Yes (X)$0$0$0
JENNIFER EUGENE
DIRECTOR1.00Yes (X)$0$0$0
ROSLYN HOPKINS-FERNANDES
DIRECTOR1.00Yes (X)$0$0$0
AILEEN FUCHS
DIRECTOR1.00Yes (X)$0$0$0
EMMANUEL IRONO
DIRECTOR1.00Yes (X)$0$0$0
STAN JACKSON
DIRECTOR1.00Yes (X)$0$0$0
CAROLINE KENNEY
DIRECTOR1.00Yes (X)$0$0$0
W WOLFGANG LEWIS
DIRECTOR1.00Yes (X)$0$0$0
THOMAS NIDA
DIRECTOR1.00Yes (X)$0$0$0
KRISTINA NOELL
DIRECTOR1.00Yes (X)$0$0$0
GREG O'DELL
DIRECTOR1.00Yes (X)$0$0$0
MIKE O'HARA
DIRECTOR1.00Yes (X)$0$0$0
WILLIAM RICH
DIRECTOR1.00Yes (X)$0$0$0
TARA SCANLON
DIRECTOR1.00Yes (X)$0$0$0
SHAWN SEAMAN
DIRECTOR1.00Yes (X)$0$0$0
JOSEPH TORRACA
DIRECTOR1.00Yes (X)$0$0$0
MITCH WEINTRAUB
DIRECTOR1.00Yes (X)$0$0$0
DONNA WOODALL
DIRECTOR1.00Yes (X)$0$0$0
KEITH SELLARS
PRESIDENT &40.00Yes (X)Yes (X)$198,491$0$23,568
DEREK FORD
SENIOR VP NE40.00$119,225$0$17,957Yes (X)
CHAD SHUSKEY
SENIOR VP PR40.00$133,184$0$11,281Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$450,900TotalReportableCompFromOrgAmt
Total Other Compensation$52,806TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
HR&A ADVISORS INC
99 HUDSON STREET 3RD FLOORNEW YORKNY10013DEVELOPMENT$342,940
MTB ENTERPRISES
3636 16TH STREET NWWASHINGTONDC20010CONSULTING$302,500
NEW ERA VENTURES
311 8TH STREET NEWASHINGTONDC20002CONSULTING$200,000
THE BRAND GUILD
3109 M STREET NW SUITE 300WASHINGTONDC20007MARKETING CAMP.$174,673
GOLDEN TRIANGLE BID
1120 CONNECTICUT AVENUE NWWASHINGTONDC20036EST. INNOV DIST$150,000
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
Government Grants$4,347,449GovernmentGrantsAmt
All Other Contributions$115,600AllOtherContributionsAmt
Total Contributions$4,463,049TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
SPONSORSHIP INCOME900099$445,950$445,950
DC DEVELOPMENT REPORT541900$11,000$11,000
COMMERICAL LEASING GUIDE541900$5,000$5,000
FieldValueIRS element (for citing)
Total Program Service Revenue$461,950TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,233TotalRevenueColumnAmt
Exclusion$2,233ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$14,167TotalRevenueColumnAmt
Related Or Exempt Func Income$14,167RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$14,167OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,941,399TotalRevenueColumnAmt
Related Or Exempt Func Income$14,167RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$16,000UnrelatedBusinessRevenueAmt
Exclusion$448,183ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$198,491TotalAmt
Program Services$147,975ProgramServicesAmt
Management And General$50,516ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$985,213TotalAmt
Program Services$734,475ProgramServicesAmt
Management And General$250,738ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$45,393TotalAmt
Program Services$33,840ProgramServicesAmt
Management And General$11,553ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$145,912TotalAmt
Program Services$108,778ProgramServicesAmt
Management And General$37,134ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$100,860TotalAmt
Program Services$75,191ProgramServicesAmt
Management And General$25,669ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$3,322TotalAmt
Program Services$2,714ProgramServicesAmt
Management And General$608ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$107,276TotalAmt
Program Services$87,653ProgramServicesAmt
Management And General$19,623ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,596,739TotalAmt
Program Services$1,451,555ProgramServicesAmt
Management And General$145,184ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$149,139TotalAmt
Program Services$121,859ProgramServicesAmt
Management And General$27,280ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$60,628TotalAmt
Program Services$49,538ProgramServicesAmt
Management And General$11,090ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$267,592TotalAmt
Program Services$218,644ProgramServicesAmt
Management And General$48,948ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$386,032TotalAmt
Program Services$265,780ProgramServicesAmt
Management And General$120,252ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$5,001TotalAmt
Program Services$5,001ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$624,758TotalAmt
Program Services$624,758ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1,408TotalAmt
Management And General$1,408ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$113,365TotalAmt
Program Services$92,628ProgramServicesAmt
Management And General$20,737ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$12,402TotalAmt
Program Services$10,133ProgramServicesAmt
Management And General$2,269ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
DUES & SUBSCRIPTIONS$94,786$77,448$17,338
MISCELLANEOUS$8,570$7,003$1,567
BAD DEBT EXPENSE$7,250$5,924$1,326
TAXES$1,132$925$207

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,915,269TotalAmt
Program Services$4,121,822ProgramServicesAmt
Management And General$793,447ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$981,491BOYAmt
EOY$710,076EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$216,830BOYAmt
EOY$297,785EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$346,148BOYAmt
EOY$103,945EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$95,393BOYAmt
EOY$49,506EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,379,745LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$603,942LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$768,457BOYAmt
EOY$775,803EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,408,319BOYAmt
EOY$1,937,115EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$406,361BOYAmt
EOY$698,939EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$986,463BOYAmt
EOY$429,847EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$209,300BOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$582,110BOYAmt
EOY$558,114EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,184,234BOYAmt
EOY$1,686,900EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$78,422BOYAmt
EOY$250,215EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$302,507BOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$224,085BOYAmt
EOY$250,215EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,408,319BOYAmt
EOY$1,937,115EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$26,130ReconcilationRevenueExpnssAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,195,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,239,850CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,198,012CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,404,651CurrentTaxYearMinus1YearAmt
Current Tax Year$4,463,049CurrentTaxYearAmt
Total$16,500,562TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,195,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,239,850CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,198,012CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,404,651CurrentTaxYearMinus1YearAmt
Current Tax Year$4,463,049CurrentTaxYearAmt
Total$16,500,562TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$16,500,562PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$352CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,247CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$70CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,099CurrentTaxYearMinus1YearAmt
Current Tax Year$2,233CurrentTaxYearAmt
Total$5,001TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$4,417CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus1 Year$25,002CurrentTaxYearMinus1YearAmt
Current Tax Year$445,950CurrentTaxYearAmt
Total$475,369TotalAmt
FieldValueIRS element (for citing)
Total Support$16,980,932TotalSupportAmt
Gross Receipts Rltd Activities$14,167GrossReceiptsRltdActivitiesAmt
Public Support CY1700.97170PublicSupportCY170Pct
Public Support PY1700.99740PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART II, LINE 10FormAndLineReferenceDesc
Explanation29,419ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$708,688OtherCostOrOtherBasisAmt
Depreciation$76,346DepreciationAmt
Book Value$632,342BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$671,057OtherCostOrOtherBasisAmt
Depreciation$527,596DepreciationAmt
Book Value$143,461BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$775,803TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDEFERRED RENTDesc
Amt$558,114Amt
FieldValueIRS element (for citing)
Total Liability$558,114TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$5,070,704TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$129,305DonatedServicesAndUseFcltsAmt
Revenue Not Reported$129,305RevenueNotReportedAmt
Revenue Subtotal$4,941,399RevenueSubtotalAmt
Total Revenue Per Form990$4,941,399TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,044,574TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$129,305DonatedServicesUseFcltsAmt
Expenses Not Reported$129,305ExpensesNotReportedAmt
Expenses Subtotal$4,915,269ExpensesSubtotalAmt
Total Expenses Per Form990$4,915,269TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE D, PAGE 3, PART XFormAndLineReferenceDesc
ExplanationTHE PARTNERSHIP COMPLIES WITH THE PROVISIONS OF THE FASB ACCOUNTING STANDARDS CODIFICATION TOPIC ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. FOR THE YEAR ENDED SEPTEMBER 30, 2021, NO UNRECOGNIZED TAX PROVISION OR BENEFIT EXISTS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonKEITH SELLARSPersonNm
TitlePRESIDENT & CEOTitleTxt
Base Compensation Filing Org$198,491BaseCompensationFilingOrgAmt
Deferred Compensation Flng Org$21,118DeferredCompensationFlngOrgAmt
Nontaxable Benefits Filing Org$2,450NontaxableBenefitsFilingOrgAmt
Total Compensation Filing Org$222,059TotalCompensationFilingOrgAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 4ABUSINESS DEVELOPMENT: THE BUSINESS DEVELOPMENT PROGRAM ENDEAVORS TO FACILITATE BUSINESS DEVELOPMENT, ATTRACTION, EXPANSION, AND RETENTION IN THE DISTRICT'S CORE ECONOMIES. THE DC DOING BUSINESS GUIDE COVERS INFORMATION ESSENTIAL TO RELOCATING, STARTING, AND EXPANDING A BUSINESS INTO WASHINGTON, DC. THE DC NEIGHBORHOOD PROFILE IS A COMPREHENSIVE TOOL FOR ENTREPENEURS AS A WAY TO DISCOVER OPPORTUNITIES TO START AND EXPAND THEIR CONCEPTS IN WASHINGTON, DC. THE DC BUSINESS CHAT SPEAKERS SERIES IS A PROGRAM OF WDCEP TO SUPPORT ITS SMALL BUSINESS AND ENTREPRENEURSHIP INITIATIVE, ALLOWING ACCESS TO INDUSTRY LEADERS IN THE CITY AND NETWORKING OPPORTUNITIES WITH PANELISTS AND OTHER ATTENDEES.
FORM 990, PAGE 2, PART III, LINE 4DRESEARCH & INFO SYSTEMS: IN CONJUNCTION WITH THE DC DEVELOPMENT REPORT, WDCEP OFFERS AN INTERACTIVE DEVELOPMENT SEARCH AT SEARCH.WDCEP.COM. THIS TOOL ALLOWS USERS TO SEARCH NEARLY 1,600 DEVELOPMENT PROJECTS THAT HAVE BEEN COMPLETED IN WASHINGTON, DC SINCE 2001, UNDER CONSTRUCTION, OR IN THE PIPELINE. IN ORDER TO HELP NATIONAL AND LOCAL RETAILERS AND RESTAURANTS FIND SPACE IN DC, WDCEP, IN COORDINATION WITH THE OFFICE OF THE CHIEF TECHNOLOGY OFFICER, CREATED AN ONLINE SEARCH TOOL CALLED RETAIL SITE SEARCH. THIS INTERACTIVE SEARCH ALLOWS BUSINESSES TO QUERY NEARLY 500 RETAIL OPPORTUNITIES BY SIZE, NEIGHBORHOOD, TIMEFRAME, AND ADDRESS OR INTERSECTION.
FORM 990, PAGE 6, PART VI, LINE 11BFORM 990 IS REVIEWED BY THE PRESIDENT OF THE ORGANIZATION, THE DIRECTOR OF OPERATIONS AND CORDIA PARTNERS FOR ACCURACY. THE BOARD IS PROVIDED WITH ACCESS TO FORM 990 PRIOR TO FILING FOR QUESTIONS AND COMMENTS.
FORM 990, PAGE 6, PART VI, LINE 12CEACH BOARD MEMBER SIGNS THE CONFLICT OF INTEREST FORM EVERY FISCAL YEAR. OUR STAFF MONITORS ALL OF THE COMPANIES REPRESENTED BY THE BOARD USING SOCIAL MEDIA.
FORM 990, PAGE 6, PART VI, LINE 15ATHE PRESIDENT REPORTS DIRECTLY TO THE EXECUTIVE COMMITTEE; THE COMMITTEE IS RESPONSIBLE FOR ALL ANNUAL PERFORMANCE REVIEWS AND OVERSIGHT OF PRESIDENT'S DUTIES. THE EVALUATION IS BASED UPON MUTUALLY AGREED TO BENCHMARKS AND PERFORMANCE STANDARDS SET BY THE PRESIDENT AND THE EXECUTIVE COMMITTEE. THE PERFORMANCE BENCHMARKS INCLUDE ADMINISTRATIVE MATTERS, BUDGET OVERSIGHT, WORK PROGRAM DEVELOPMENT, FUNDRAISING, EXTERNAL PARTNERSHIPS, STRATEGIC PLANNING, WDCEP BRANDING, AND BOARD DEVELOPMENT.
FORM 990, PAGE 6, PART VI, LINE 19WDCEP MAKES GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11GCONSULTING - OTHER 1,451,555 145,184 0
FORM 990, PAGE 12, PART XII, LINE 2CTHE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PREVIOUS YEAR.