2011-11-15T13:57:13-06:00 2010-12-31 WINDHAM BRANNON PC 3630 PEACHTREE RD SUITE 600 ATLANTA GA 30326 990 2010-01-01 580969893 CENTRAL ATLANTA PROGRESS INC CENT 4046581877 50 HURT PLAZA GRAND LOBBY ATLANTA GA 30303 AJ ROBINSON 4046581877 2011-11-14 1 CARLYE W BUCHANAN 4048982000 2011-11-14 2010 2016-03-07 17:11:31Z AJ ROBINSON 50 HURT PLAZA ATLANTA GA 30303 3137292 0 X WWW.ATLANTADOWNTOWN.COM X 1941 GA TO BUILD A 21ST CENTURY DOWNTOWN AS THE HEART OF THE ATLANTA REGION - A VIBRANT COMMUNITY WITH STRONG LEADERSHIP AND SUSTAINABLE INFRASTRUCTURE THAT IS SAFE, LIVABLE, DIVERSE, ECONOMICALLY VIABLE, ACCESSIBLE, CLEAN, HOSPITABLE, AND ENTERTAINING. 70 70 24 0 0 0 906613 863978 2172721 2042607 6824 5207 0 0 3086158 2911792 0 0 0 0 2303223 2190046 0 0 0 706086 735207 3009309 2925253 76849 -13461 2563098 2338903 914545 703811 1648553 1635092 X TO BUILD A 21ST CENTURY DOWNTOWN AS THE HEART OF THE ATLANTA REGION - A VIBRANT COMMUNITY WITH STRONG LEADERSHIP AND SUSTAINABLE INFRASTRUCTURE THAT IS SAFE, LIVABLE, DIVERSE, ECONOMICALLY VIABLE, ACCESSIBLE, CLEAN, HOSPITABLE, AND ENTERTAINING. 0 0 114235 122485 CAP ANNUAL MEETING - PRESENT OURSELVES TO OUR MEMBERS AND POTENTIAL MEMBERS TO SHOW WHAT WE HAVE ACCOMPLISHED AND WHAT WE CAN DO FOR THEM. 59064 46208 DOWNTOWN DINING DISTRICT/RESTAURANT WEEK - COORDINATE EFFORTS AMONG DOWNTOWN RESTAURANTS TO SHOW METRO ATLANTANS THEIR MANY CHOICES IF THEY WILL VISIT DOWNTOWN, INCLUDING PROMOTING THE 2 WEEK RESTAURANT WEEK INITIATIVE. 1852223 DOWNTOWNERS - PROMOTE THE IDEAL OF PEOPLE COMING DOWNTOWN ONE NIGHT A WEEK TO SEE THE MANY SIGHTS AND VISIT THE FOOD & BEVERAGE ESTABLISHMENTS. THIS HELPS THE OVERALL VITALITY OF DOWNTOWN. 128567 21691 PURSUE ACTIONS AND IMPLEMENT PROGRAMS WHICH ENCHANCE THE VIABILITY OF THE CENTRAL AREA OF ATLANTA, GEORGIA. 128567 21691 301866 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 2 0 24 1 0 0 0 0 0 0 0 0 0 0 X 70 70 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 GA X X CHARLES W STRAWSER JR 4046650171 50 HURT PLAZA SUITE 110 ATLANTA GA 303032946 HANK ALMQUIST 1.00 X 0 0 0 GEORGE G ANDREWS 1.00 X 0 0 0 MARK BECKER 1.00 X 0 0 0 BRAD BENTON 1.00 X X 0 0 0 HAROLD L BEVIS JR 1.00 X 0 0 0 JAMES R BORDERS 1.00 X 0 0 0 BRAD BRANCH 1.00 X 0 0 0 AMANDA BROWN OLMSTEAD 1.00 X 0 0 0 KEVIN CANTLEY 1.00 X 0 0 0 SUSANA CHAVEZ 1.00 X 0 0 0 CLARK DEAN 1.00 X 0 0 0 CURLEY DOSSMAN 1.00 X 0 0 0 POWELL ALEC FRASER 1.00 X 0 0 0 MICHAEL GARRETT 1.00 X 0 0 0 RENEE GLOVER 1.00 X 0 0 0 S TAYLOR GLOVER 1.00 X X 0 0 0 JAY GOLDMAN 1.00 X 0 0 0 JOHN T GRANT JR 1.00 X 0 0 0 SHEFFIELD HALE 1.00 X 0 0 0 JOHN HEAGY 1.00 X 0 0 0 MAXINE HICKS 1.00 X 0 0 0 WILLIAM S HOLLETT 1.00 X 0 0 0 TAD HUTCHESON 1.00 X 0 0 0 CRAIG B JONES 1.00 X X 0 0 0 ROBERT K KING 1.00 X 0 0 0 STEVEN LABOVITZ 1.00 X 0 0 0 JEFFREY LAM 1.00 X 0 0 0 ALAN LEBLANC 1.00 X 0 0 0 HANK LINGINFELTER 1.00 X 0 0 0 BARI LOVE 1.00 X 0 0 0 DAVID MARVIN 1.00 X 0 0 0 MERRY MCCLEARY 1.00 X 0 0 0 RICHARD J MCKAY 1.00 X 0 0 0 PATRICK MOORE 1.00 X 0 0 0 DAN O'CONNOR 1.00 X 0 0 0 DAN O'LEARY 1.00 X 0 0 0 TIMOTHY PAKENHAM 1.00 X 0 0 0 CHARLES PARKER 1.00 X 0 0 0 WILLIAM PATE 1.00 X 0 0 0 GARY PEACOCK 1.00 X 0 0 0 MARY JO PEED 1.00 X 0 0 0 EGBERT PERRY 1.00 X 0 0 0 DANE C PETERSON 1.00 X 0 0 0 ALICIA PHILIPP 1.00 X 0 0 0 MIKE PLANT 1.00 X 0 0 0 DIANE L PRUCINO 1.00 X 0 0 0 ERICA QUALLS 1.00 X 0 0 0 JOHN REYHAN 1.00 X 0 0 0 VIOLET TRAVIS RICKS 1.00 X 0 0 0 STEVE RIDDELL 1.00 X 0 0 0 MARK B RILEY 1.00 X 0 0 0 MICHAEL ROBISON 1.00 X 0 0 0 HARVEY RUDY 1.00 X 0 0 0 JEROME RUSSELL JR 1.00 X 0 0 0 INGRID SAUNDERS JONES 1.00 X 0 0 0 ALEXIS SCOTT 1.00 X 0 0 0 BEVERLY SCOTT 1.00 X 0 0 0 CHARLES W SEETS JR 1.00 X 0 0 0 JOHN D SHIESINGER 1.00 X 0 0 0 DAVID A SMITH 1.00 X 0 0 0 E KENDRICK SMITH 1.00 X 0 0 0 WARREN SNIPES 1.00 X 0 0 0 MASON STEPHENSON 1.00 X 0 0 0 DAVID STOCKERT 1.00 X 0 0 0 R SCOTT TAYLOR JR 1.00 X 0 0 0 LEONARD WALKER 1.00 X 0 0 0 JEFFREY L WARWICK 1.00 X 0 0 0 ROBERT R WILLIAMS 1.00 X 0 0 0 SAM A WILLIAMS 1.00 X 0 0 0 BETTY E WILLIS 1.00 X 0 0 0 ALAN M WISE 1.00 X 0 0 0 JAMES YOUNG 1.00 X 0 0 0 MICHAEL YOUNG 1.00 X 0 0 0 CALDWELL ZIMMERMAN 1.00 X 0 0 0 AJ ROBINSON 40.00 X X 683841 0 23115 PAUL B KELMAN 40.00 X 116979 0 15092 DAVID E WARDELL 40.00 X 129240 0 5856 CHARLES W STRAWSER JR 40.00 X 107985 0 7156 1038045 0 51219 4 0 1 0 AETNA PO BOX 0854 CAROL STREAM IL 601320854 HEALTH INSURANCE FOR EMPLOYEES 119714 1 863978 863978 AFFILIATE SERVICES 561000 1852223 1852223 PROGRAM REVENUE 561000 171883 171883 OTHER INCOME 561000 18501 18501 2042607 5707 5707 225000 225500 -500 -500 -500 2911792 2042607 0 5207 1038045 1038045 1117552 1117552 26454 26454 7995 7995 63314 63314 57277 124 57153 191465 627 190838 15757 15757 12500 12500 7453 7453 PROFESSIONAL FEES 79216 32119 47097 MISCELLANEOUS 68223 50210 18013 FOOD AND BEVERAGE 41843 41843 PRINTING AND PUBLISHING 37883 30961 6922 ORGANIZATION SUPPORT 33265 33265 127011 49403 77608 2925253 301866 2623387 0 1937058 2168812 251814 27416 225000 120 627818 608197 32121 19621 116985 123054 2563098 2338903 627674 431059 165238 149213 121633 123539 914545 703811 X 1648553 1635092 1648553 1635092 2563098 2338903 -13461 0 X 0 1 0 X 0 206440 200737 5703 421378 407460 13918 19621 CASH SURRENDER VALUE - DEFERRED COMPENSATION AGREEMENT 123054 123054 NOTE DUE TO AFFILIATE 485 POST RETIREMENT OBLIGATION - DEFERRED COMPENSATION AGREEMENT 123054 123539 2911792 2925253 -13461 0 -13461 2930542 18750 18750 2911792 0 2911792 2944003 18750 18750 2925253 0 2925253 PART X, LINE 2 CAP IS A NONPROFIT ORGANIZATION AND IS EXEMPT, UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE (THE CODE), FROM FEDERAL, STATE AND LOCAL INCOME TAXES WHEREBY ONLY UNRELATED BUSINESS INCOME, IF ANY, AS DEFINED BY SECTION 512(A)(1) OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX. CAP DID NOT HAVE ANY UNRELATED BUSINESS INCOME TAX FOR THE YEARS ENDED DECEMBER 31, 2010 AND 2009. MANAGEMENT OF CAP CONSIDERS THE LIKELIHOOD OF CHANGES BY TAXING AUTHORITIES IN ITS FILED INCOME TAX RETURNS AND RECOGNIZES A LIABILITY FOR OR DISCLOSES POTENTIAL SIGNIFICANT CHANGES THAT MANAGEMENT BELIEVES ARE MORE LIKELY THAN NOT TO OCCUR, INCLUDING CHANGES TO CAP'S STATUS AS A NOT-FOR-PROFIT ENTITY. MANAGEMENT BELIEVES THAT CAP MET THE REQUIREMENTS TO MAINTAIN ITS TAX-EXEMPT STATUS AND HAS NO INCOME SUBJECT TO UNRELATED BUSINESS INCOME TAX; THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED IN THESE FINANCIAL STATEMENTS. CAP'S INCOME TAX RETURNS FOR THE PAST THREE YEARS ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES, AND MAY CHANGE UPON EXAMINATION. X 1 1 X X X 0 0 0 1 0 0 0 0 0 AJ ROBINSON 300200 0 375000 0 8641 0 6575 0 16540 0 706956 0 0 0 PART I, LINE 1A CENTRAL ATLANTA PROGRESS, INC. CONTRACTS WITH CAPACITY, INC.(EIN 23-7207598) AND ATLANTA DOWNTOWN IMPROVEMENT DISTRICT, INC. (EIN 58-2218795) FOR GENERAL MANAGEMENT SERVICES. THE SENIOR STAFF OFFICERS ARE THE SAME FOR BOTH CENTRAL ATLANTA PROGRESS, INC. AND CAPACITY, INC., BUT ARE EMPLOYEES OF CENTRAL ATLANTA PROGRESS, INC. CENTRAL ATLANTA PROGRESS, INC.'S COMPENSATION AMOUNTS ARE PARTLY ALLOCATED TO CAPACITY, INC. AND ATLANTA DOWNTOWN IMPROVEMENT DISTRICT, INC. THE ALLOCATED AMOUNTS PAID TO CENTRAL ATLANTA PROGRESS, INC. ARE INCLUDED IN THE MANAGEMENT FEES LISTED ON CAPACITY, INC. AND IN THE SALARIES AND BENEFITS LISTED ON ATLANTA DOWNTOWN IMPROVEMENT DISTRICT, INC.'S TAX RETURNS. CLUB DUES PAID FOR PRESIDENT AND VP PUBLIC SAFETY & OPERATIONS AS PART OF NEGOTIATED COMPENSATION PACKAGE. PART I, LINE 5 PRESIDENT'S CONTRACT PROVIDES OPPORTUNITY FOR BONUS BASED ON SEVERAL FACTORS, INCLUDING REVENUES. FORM 990, PART VI, SECTION B, LINE 11 TREASURER AND SENIOR MANAGEMENT REVIEW FORM 990. FORM 990 IS THEN PRESENTED TO BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 CHAIRMAN, VICE CHAIRMAN AND TREASURER REVIEW AND APPROVE PRESIDENT'S COMPENSATION CONTRACT. THE COMPENSATION OF ALL OTHER OFFICERS AND HIGHEST COMPENSATED EMPLOYEES IS APPROVED BY THE PRESIDENT OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 IS AVAILABLE UPON REQUEST AT VP OF FINANCE'S OFFICE AT ORGANIZATION OFFICE. JOINT VENTURE: PART VI, SECTION B, LINE 16A AND B IN DECEMBER 2009, CENTRAL ATLANTA PROGRESS, INC. (CAP) NEGOTIATED A STOCK AND MEMBERSHIP REDEMPTION AGREEMENT WITH IDI AND IDMM TO DIVEST ITS INTEREST IN BOTH ENTITIES. THE TERMS OF THE AGREEMENT STATED THAT IDI AND IDMM WOULD ACQUIRE ALL 1,000 SHARES OF THE CLASS A COMMON STOCK FROM CAP FOR A TOTAL OF $450,000. HALF OF THE PURCHASE PRICE WAS RECEIVED IN DECEMBER 2009. THE OTHER HALF OF THE PURCHASE PRICE WAS RECEIVED IN DECEMBER 2010. WITH REGARDS TO THE INITIAL TRANSACTION, THE BOARD REVIEWED AND APPROVED THIS AS A ONE-TIME TRANSACTION, THEREFORE NO WRITTEN POLICY OR PROCEDURE WAS ADOPTED BY THE ORGANIZATION. CAPACITY INC 50 HURT PLAZA SUITE 110 ATLANTA GA 30303 237207598 ENHANCING VIABILITY OF CENTRAL ATLANTA GA 501C(3) COMMUNITY TRUST 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 CAPACITY INC P 548076 CAPACITY INC I 0 CAPACITY INC M 0 PART V, LINE 2, (1) & (2) CENTRAL ATLANTA PROGRESS, INC. PROVIDES PERSONNEL, ADMINISTRATIVE SUPPORT AND FACILITIES TO CAPACITY, INC. CAPACITY, INC. PAYS MANAGEMENT FEES TO CENTRAL ATLANTA PROGRESS, INC. WHICH INCLUDES RENT OF FACILITIES.