2018-11-14T09:45:19-06:00 2017-12-31 314419361 JOHN GERLACH & COMPANY LLP 37 W BROAD ST STE 530 COLUMBUS OH 43215 990 2017-01-01 760704655 COLUMBUS DOWNTOWN DEVELOPMENT CORPORATION COLU 6145455042 150 SOUTH FRONT STREET NO 210 COLUMBUS OH 432153416 JOSEPH SCHUELER CFO 6145455042 2018-11-14 TJ CONGER CPA P00068140 6142242164 2018-11-14 162.155.36.146 2018-11-14 08:37:49 ES P B52071E20D560D76476F84745F41058BD3CB2594 19B13C9352D61912756DD69BD83BF0EF657B5B0B 2017 2019-02-21 02:37:17Z GUY V WORLEY 150 SOUTH FRONT STREET NO 210 COLUMBUS OH 432153416 12309238 0 X N/A X 2002 OH SEE SCHEDULE O 15 15 33 15 0 0 25897100 3107591 192877 392054 408663 321713 846211 1133542 27344851 4954900 150631 984981 0 0 1050003 998976 102000 34000 43169 1698701 3900642 3001335 5918599 24343516 -963699 183258862 184389056 20756143 21979057 162502719 162409999 X PLANNING, DEVELOPMENT, AND MANAGEMENT OF PROJECTS FOR THE REVITALIZATION OF DOWNTOWN COLUMBUS. PLEASE SEE PART I, LINE 1 AND SCHEDULE O FOR CONTINUATION OF THE SIGNIFICANT ACTIVITIES STATEMENT. 0 0 5386570 984981 392054 CDDC CONTINUES WITH THE IMPLEMENTATION OF THE STRATEGIC BUSINESS PLAN DEVELOPED WITH COMMUNITY INPUT AND PROMULGATED BY THE MAYOR AND CITY COUNCIL. THESE EFFORTS INCLUDE THE RENOVATION OF A FORMER DOWNTOWN DEPARTMENT STORE INTO PREMIER OFFICE AND RETAIL SPACE, DEVELOPMENT OF DOWNTOWN PARKS THROUGH THE OVERSIGHT OF THE SCIOTO MILE PARK AND THE SCIOTO GREENWAYS PROJECT, THE CONSTRUCTION OF A NEW NATIONAL VETERANS MEMORIAL AND MUSEUM AND THE DEVELOPMENT OF THE DOWNTOWN SCIOTO PENINSULA. NATIONAL VETERAN'S MEMORIAL AND MUSEUM - CONSTRUCTION COMMENCED IN LATE 2015 AND IS EXPECTED TO CONTINUE THROUGH MID 2018, WITH A GRAND OPENING IN FALL 2018. SCIOTO PENINSULA - IN 2016, CDDC ENTERED INTO AN AGREEMENT WITH THE CENTER OF SCIENCE AND INDUSTRY (COSI) AND THE AMERICAN MUSEUM OF NATURAL HISTORY (AMNH) TO BRING AMNH EXHIBITS TO COSI. CDDC MANAGED CONSTRUCTION OF THE NEW EXHIBIT SPACE, WHICH OPENED IN NOVEMBER 2017.PLANNING AND DEVELOPMENT OF THE REMAINING COMPONENTS OF THE SCIOTO PENINSULA MASTER PLAN WILL CONTINUE INTO 2018 AND BEYOND. 5386570 1 1 0 1 0 0 0 0 0 1 1 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 1 X 25 0 1 33 1 0 0 0 0 0 0 0 0 0 0 X 15 15 1 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 OH X X GUY V WORLEY PRESIDENT & CEO 6145454700 150 S FRONT ST STE 210 COLUMBUS OH 43215 MICHAEL G MORRIS CHAIRMAN OF THE BOARD/DIRECTOR 0.30 0.30 X X 0 0 0 STEPHEN STEINOUR VICE CHAIRMAN/DIRECTOR 0.30 0.30 X X 0 0 0 DAVID P BLOM TREASURER/DIRECTOR 0.30 0.30 X X 0 0 0 ALEX SHUMATE ESQ SECRETARY/DIRECTOR 0.30 0.30 X X 0 0 0 ABIGAIL WEXNER DIRECTOR 0.30 0.30 X 0 0 0 BRUCE A SOLL DIRECTOR 0.30 0.30 X 0 0 0 MELISSA P INGWERSEN DIRECTOR 0.30 0.30 X 0 0 0 NICHOLAS K AKINS DIRECTOR 0.30 0.30 X 0 0 0 GEORGE BARRETT DIRECTOR 0.30 0.30 X 0 0 0 JOSEPH HAMROCK DIRECTOR 0.30 0.30 X 0 0 0 NANCY KRAMER DIRECTOR 0.30 0.30 X 0 0 0 JORDAN MILLER DIRECTOR 0.30 0.30 X 0 0 0 RUSSELL P AUSTIN DIRECTOR 0.30 0.30 X 0 0 0 STEPHEN RASMUSSEN DIRECTOR 0.30 0.30 X 0 0 0 DR MICHAEL DRAKE DIRECTOR 0.30 0.30 X 0 0 0 GUY V WORLEY PRESIDENT & CEO 24.00 36.00 X 308877 463315 223958 MATTHEW LUTZ ASST. SECRETARY/GENERAL COUNSEL 24.00 36.00 X 75468 113203 21103 AMY E TAYLOR CHIEF OPERATING OFFICER 24.00 36.00 X 108738 163107 12425 JOSEPH SCHUELER CFO 20.00 30.00 X 70378 105568 24358 MARK BARGO DIRECTOR OF CONSTRUCTION 20.00 30.00 X 63092 94638 13408 626553 939831 295252 2 0 1 0 PALMETTO CONSTRUCTION SERVICES LLC 892 SCOTT ST COLUMBUS OH 43222 CONSTRUCTION SERVICES 2011917 ROBERT AM STERN ARCHITECTS LLP ONE PARK AVE NEW YORK NY 10016 ARCHITECTURE 392503 ICE MILLER LLP 250 W STREET STE 700 COLUMBUS OH 43215 LEGAL SERVICES 270905 COMMUNITY COUNSELING SERVICE CO LLC 2458 STETZER RD BUCYRUS OH 44820 FUNDRAISING 140211 ZEIGER TIGGES & LITTLE LLP 41 S HIGH ST STE 3500 COLUMBUS OH 43215 LEGAL SERVICES 136089 6 2264989 842602 3107591 PROGRAM FEES & OPERATIONS 713990 392054 392054 392054 321713 321713 8481659 7354338 1127321 1127321 1127321 MISC. INCOME 900099 6221 6221 6221 4954900 392054 0 1455255 984981 984981 605520 408607 188263 8650 312374 218662 93712 6616 4631 1985 14184 9929 4255 60282 42196 17567 519 303825 300709 3116 16000 16000 34000 34000 36234 9683 26551 77931 75765 2166 73096 63399 9697 20957 20957 51278 3048 48230 11444 11442 2 13556 11056 2500 270692 242231 28461 49613 49613 CONSTRUCTION SERVICES 2793826 2790606 3220 PROPERTY OPERATING EXPE 157679 148212 9467 MISCELLANEOUS 22787 22732 55 LICENSES & PERMITS 1724 1724 5918599 5386570 488860 43169 10210015 9462051 32336031 22244962 22063490 5021990 367049 740680 81083 89281 161044525 27169504 105782078 133875021 1749554 1717421 10669562 11237650 183258862 184389056 4374002 6618959 62266 28723 16319875 15331375 20756143 21979057 X 114343767 145374904 48158952 17035095 162502719 162409999 183258862 184389056 X -963699 -35279 906258 X X 0 1 X 1 0 X 29137855 18909423 33475219 25897100 3107591 110527188 29137855 18909423 33475219 25897100 3107591 110527188 39494150 71033038 8407601 8462129 8606316 8718515 8803372 42997933 17162 24635 494 8095 6221 56607 153581728 851532 0.46250 0.45780 X 0 121665 121665 12619243 12740908 787045 196761 0 0 1000000 1000000 629796 787045 3416841 5125262 31913 22538 111187 121665 287303 250000 250000 157449 196761 854210 1281315 7745328 1122880 167008 16402 8684798 7018947 779392 37539 15472 7745328 7157838 10375 133397 15869 7018947 6668112 668649 164091 14832 7157838 5738218 1132599 190000 12705 6668112 0.48550 0.00000 0.51450 1 0 4144546 4144546 94244042 24741922 69502120 3227491 1772537 1454954 59428446 655045 58773401 133875021 DEFERRED LEASE ASSET 2507912 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 8729738 11237650 X 13180217 8260596 8260596 4919621 35279 35279 4954900 13272937 7354338 7354338 5918599 0 5918599 PART V, LINE 4: THE SCIOTO MILE ENDOWMENT FUND WAS ESTABLISHED IN 2007 BY CDDC TO PROVIDE ASSISTANCE WITH OPERATIONAL MAINTENANCE AND PROGRAMMING COSTS OF THE SCIOTO MILE PARK. PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CORPORATION HAS ADOPTED THE PROVISIONS OF THE FASB ACCOUNTING STANDARDS CODIFICATION RELATING TO UNCERTAIN TAX POSITIONS. THE CORPORATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B 7,354,338. UNREALIZED GAIN ON BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 906,258. PART XI, LINE 4B - OTHER ADJUSTMENTS: ADJUSTMENT TO PRIOR PERIOD RECEIVABLES 35,279. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B 7,354,338. X X X 1 COMMUNITY COUNSELING SERVICES INC 2458 STETZER RD BUCYRUS OH 44820 CONSULATION 0 0 140211 0 140211 OH SCHEDULE G, PART I, LINE 2B, COLUMN (V) PAYMENTS WERE FOR CONSULATION, CONTACTS, AND ACTIVITIES RELATED TO THE NATIONAL VETERANS MEMORIAL IN 2017. 1 CITY OF COLUMBUS 90 W BROAD STREET COLUMBUS OH 43215 GOV 167001 N/A N/A SUPPORT OPERATIONS, MAINTENANCE AND PROGRAMMING OF THE SCIOTO MILE PARK. FRANKLIN COUNTY HISTORICAL SOCIETY DBA COSI COLUMBUS 333 W BROAD ST COLUMBUS OH 43215 314383802 501(C)(3) 759647 N/A N/A AMERICAN MUSEUM OF NATURAL HISTORY PROJECT. 2 0 PART I, LINE 2: PER DONOR RESTRICTIONS, FUNDS FOR THE CONTINUED OPERATIONS, PROGRAMMING, AND MAINTENANCE OF THE SCIOTO MILE PARK FUNDED AN ENDOWMENT. ON AN ANNUAL BASIS, THE CITY OF COLUMBUS SUBMITS A GRANT APPLICATION, WHICH MUST BE APPROVED BY THE BOARD. ONCE APPROVED, THE CITY OF COLUMBUS MUST SEND A REQUEST TO COLUMBUS DOWNTOWN DEVELOPMENT THAT FUNDS BE DISBURSED ACCORDING TO THE GRANT APPLICATION. OTHER GRANTS ARE SPORADIC AND ARE MADE TO LOCAL ORGANIZATIONS WHOSE WORK IS MONITORED THROUGH NORMAL BUSINESS WITH THESE PARTNERS. X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 GUY V WORLEY PRESIDENT & CEO 168877 253315 140000 210000 0 0 83240 124860 6343 9515 398460 597690 0 0 MATTHEW LUTZ ASST. SECRETARY/GENERAL COUNSEL 75468 113203 0 0 0 0 2222 3334 6219 9328 83909 125865 0 0 AMY E TAYLOR CHIEF OPERATING OFFICER 97738 146607 11000 16500 0 0 3240 4860 1730 2595 113708 170562 0 0 JOSEPH SCHUELER CFO 63978 95968 6400 9600 0 0 2158 3237 7585 11378 80121 120183 0 0 MARK BARGO DIRECTOR OF CONSTRUCTION 56692 85038 6400 9600 0 0 1901 2853 3461 5193 68454 102684 0 0 PART I, LINE 1A SOCIAL CLUB DUES ARE PAID BY THE ORGANIZATION. THE DEVELOPMENT ACTIVITIES OF THE ORGANIZATION REQUIRE EXTENSIVE COOPERATION AND COORDINATION OF PUBLIC AND PRIVATE SUPPORT FOR SUCCESSFUL DOWNTOWN ECONOMIC REDEVELOPMENT. BREAKFAST AND LUNCH MEETINGS ARE THE OPTIMUM WAY TO SCHEDULE SCARCE TIME TO CONFIDENTIALLY DISCUSS COOPERATIVE PROJECT ACTIVITIES. THE BOARD SUGGESTED MEMBERSHIP IN THE DOWNTOWN CLUB TO FACILITATE NECESSARY MEETINGS WITH BUSY EXECUTIVES. THE ORGANIZATION RECEIVES PRIVATE FUNDS TO FUND THIS EXPENSE. PART I, LINE 4B THE ORGANIZATION CREATED A 457B NONQUALIFIED RETIREMENT PLAN IN 2013 FOR ITS PRESIDENT AND CEO, GUY V. WORLEY. IN 2017, THE ORGANIZATION CONTRIBUTED $200,000 TO THIS PLAN FOR HIS FUTURE BENEFIT, $80,000 FROM CDDC AND $120,000 FROM A RELATED ENTITY, CAPITOL SOUTH COMMUNITY URBAN REDEVELOPMENT CORPORATION. A RIVERSOUTH AUTHORITY LLC 201438292 769318CC8 2007-11-29 16500000 REDEVELOPMENT OF LAZARUS BUILDING WHICH WAS AN ABANDONED DEPARTMENT STORE. 0 1 0 A 2008 0 0 1 1 A 0 1 0 0 0.02860 0.00000 0.02860 1 0 1 A 0 0 0 1 0 0 0 0 1 A 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: RIVERSOUTH AUTHORITY LLC DATE THE REBATE COMPUTATION WAS PERFORMED: 04/22/2013 FORM 990, PART I, LINE 1 CDDC CONTINUES WITH THE IMPLEMENTATION OF THE STRATEGIC BUSINESS PLAN DEVELOPED WITH COMMUNITY INPUT AND PROMULGATED BY THE MAYOR AND CITY COUNCIL. THESE EFFORTS INCLUDE THE RENOVATION OF A FORMER DOWNTOWN DEPARTMENT STORE INTO PREMIER OFFICE AND RETAIL SPACE, DEVELOPMENT OF DOWNTOWN PARKS THROUGH THE OVERSIGHT OF THE SCIOTO MILE PARK AND THE SCIOTO GREENWAYS PROJECT, THE CONSTRUCTION OF A NEW OHIO VETERANS MEMORIAL AND MUSEUM AND THE DEVELOPMENT OF THE DOWNTOWN SCIOTO PENINSULA. FORM 990, PART V, LINES 2A & 2B: THROUGH ITS RELATED ENTITY, CAPITOL SOUTH THE ORGANIZATION CONTRACTS ITS PAYROLL SERVICES. PLEASE REFERENCE THE PART VI, SECTION A, LINE 3, SCHEDULE O EXPLANATION FOR FURTHER INFORMATION. FORM 990, PART VI, SECTION A, LINE 2 THE BOARD HAS MEMBERS WHO CONTROL OR ARE EMPLOYED BY AREA FINANCIAL INSTITUTIONS, LAW FIRMS, CONSULTING FIRMS AND VARIOUS OTHER BUSINESS ENTERPRISES. THROUGHOUT THE YEAR, VARIOUS OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES HAVE BUSINESS RELATIONS WITH THESE ORGANIZATIONS IN THE NORMAL COURSE OF THEIR BUSINESS AND PERSONAL LIVES. FORM 990, PART VI, SECTION A, LINE 3 CDDC HAS CONTRACTED WITH NAI OHIO EQUITIES LLC REALTORS FOR THIS COMPANY TO MANAGE PROPERTIES OWNED BY CDDC. FURTHER, THROUGH ITS RELATED ENTITY, CAPITOL SOUTH, THE ORGANIZATION CONTRACTS WITH RESOURCING EDGE, TO PERFORM WORKFORCE MANAGEMENT SERVICES, INCLUDING PAYROLL SERVICES, ADMINISTRATION OF BENEFIT AND WORKERS' COMPENSATION PLANS, AND MANAGEMENT OF HUMAN RESOURCE PROCESSES. FINALLY, CDDC HIRES GENERAL CONTRACTORS TO MANAGE THE DAY-TO-DAY WORK ON ITS CONSTRUCTION PROJECTS, SUCH AS THE COSI/AMNH AND VETERAN'S MEMORIAL PROJECTS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY THE CFO AND PRESIDENT & CEO PRIOR TO ITS FILING. FOR 2017, TO FACILITATE THE TIMELY FILING OF THE FORM 990, THE RETURN WAS NOT REVIEWED BY THE FULL BOARD PRIOR TO ITS FILING WITH THE IRS. HOWEVER, THE BOARD DID HAVE THE OPPORTUNITY TO REVIEW AND DISCUSS THE FORM 990 AT THE BOARD MEETING FOLLOWING THE RETURN'S FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST FORMS ARE DISTRIBUTED ANNUALLY BY THE EXECUTIVE ASSISTANT TO EMPLOYEES, MANAGEMENT AND BOARD MEMBERS FOR COMPLETION AND SIGNATURE. THE EXECUTIVE ASSISTANT AND THE GENERAL COUNSEL ENSURE ALL FORMS ARE RETURNED AND ANY POTENTIAL CONFLICTS ARE ADDRESSED. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD DETERMINES THE COMPENSATION OF THE ORGANIZATION'S CEO. THE BOARD CONSIDERS GOALS, ACCOMPLISHMENTS, COMPENSATION LEVEL OF OTHER LOCAL NON-PROFIT CEO'S, AND COMPENSATION HISTORY. REGARDING THE COMPENSATION OF THE KEY/HIGHLY COMPENSATED EMPLOYEES, THE ORGANIZATION'S CEO AND PRESIDENT CONDUCTS A PROCESS SIMILAR TO THE ONE DONE BY THE BOARD FOR HIM. THE RESULTS ARE DOCUMENTED AND RECORDED IN THE PERSONNEL FILES. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORMS 1023 AND 990 ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FURTHER, THE ORGANIZATION'S FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION THROUGH ANOTHER'S WEBSITE, WWW.GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 906,258. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT REVIEW COMMITTEE WHICH OVERSEES THE AUDIT PROCESS, ULTIMATELY APPROVING THE AUDITED FINANCIAL STATEMENTS AND PRESENTING THEM TO THE BOARD. THIS COMMITTEE ALSO COORDINATES THE PROCESS FOR THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR. RIVERSOUTH HOLDINGS LLC 150 S FRONT ST STE 210 COLUMBUS OH 43215 061760555 ECONOMIC DEVELOPMENT OH 0 0 COLUMBUS DOWNTOWN DEVELOPMENT CORPORATION NVMM HOLDINGS LTD 150 S FRONT ST STE 210 COLUMBUS OH 43215 812424187 ECONOMIC DEVELOPMENT OH 0 0 COLUMBUS DOWNTOWN DEVELOPMENT CORPORATION SCIOTO PENINSULA HOLDINGS LTD 150 S FRONT ST STE 210 COLUMBUS OH 43215 814879581 ECONOMIC DEVELOPMENT OH 0 0 COLUMBUS DOWNTOWN DEVELOPMENT CORPORATION CAPITOL SOUTH COMMUNITY URBAN REDEVELOPMENT CORPORATION 150 S FRONT ST STE 210 COLUMBUS OH 43215 310868417 ECONOMIC REDEVELOPMENT. OH 501(C)(4) N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 1 0 CAPITOL SOUTH COMMUNITY URBAN REDEVELOPMENT CORPORATION J 48230 ACCRUAL BASIS CAPITOL SOUTH COMMUNITY URBAN REDEVELOPMENT CORPORATION N 132195 ACCRUAL BASIS CAPITOL SOUTH COMMUNITY URBAN REDEVELOPMENT CORPORATION O 945208 ACCRUAL BASIS CAPITOL SOUTH COMMUNITY URBAN REDEVELOPMENT CORPORATION R 285118 ACCRUAL BASIS