2011-11-11T09:15:43-06:00 2011-06-30 WALL EINHORN & CHERNITZER PC PO BOX 3610 NORFOLK VA 23514 990 2010-07-01 541122850 DOWNTOWN NORFOLK DEVELOPMENT CORPORATION DOWN 7576231757 201 GRANBY STREET NO 101 NORFOLK VA 23510 CATHERINE P COLEMAN 7576231757 2011-11-09 1 JULIE L SOKOLOWSKI 7576254700 2010 2016-03-07 17:11:31Z DOWNTOWN NORFOLK COUNCIL CATHERINE P COLEMAN 201 GRANBY STREET NO 101 NORFOLK VA 23510 1961564 0 X WWW.DOWNTOWNNORFOLK.ORG X 1979 VA THE DOWNTOWN NORFOLK COUNCIL IS COMMITTED TO EFFECTIVELY SERVING ITS MEMBERS, THE BUSINESS IMPROVEMENT DISTRICT RATEPAYERS, THE CITY AND THE REGION. THE ORGANIZATION IS RECOGNIZED AS A LEADER, AN ADVOCATE AND A RESOURCE IN ASSURING THAT DOWNTOWN IS A SAFE, CLEAN, ATTRACTIVE AND VITAL PLACE. 30 30 33 400 0 0 1683869 1740461 224355 209316 16030 11787 0 0 1924254 1961564 0 0 0 0 1217289 1113927 0 0 0 882202 723177 2099491 1837104 -175237 124460 1267056 1377809 268082 254375 998974 1123434 X THE DOWNTOWN NORFOLK COUNCIL IS COMMITTED TO EFFECTIVELY SERVING ITS MEMBERS, THE BUSINESS IMPROVEMENT DISTRICT RATEPAYERS, THE CITY AND THE REGION. THE ORGANIZATION IS RECOGNIZED AS A LEADER, AN ADVOCATE AND A RESOURCE IN ASSURING THAT DOWNTOWN IS A SAFE, CLEAN, ATTRACTIVE AND VITAL PLACE. 0 0 1781355 209316 MANAGEMENT OF THE DOWNTOWN IMPROVEMENT DISTRICT FOR PUBLIC SAFETY, PUBLIC SPACE MAINTENANCE, MARKETING INITIATIVES AND OTHER BOARD DESIGNATED KEY OBJECTIVES. INCLUDES PARTNERSHIP WITH HAMPTON ROADS TRANSIT TO PROVIDE PEDESTRIAN AND BUSINESS SIGNAGE DURING THE CONSTRUCTION OF THE TIDE LIGHT RAIL SYSTEM. ALSO INCLUDES ASSISTANCE WITH THE PRODUCTION OF THE HOLIDAYS IN THE CITY AND THE GRAND ILLUMINATION PARADE. MANAGEMENT AND GENERAL ADMINISTRATION EXPENSES OF THE COUNCIL. 1781355 0 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 33 1 0 0 0 0 0 0 X 30 30 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 VA X CATHERINE P COLEMAN 7576231757 201 GRANBY STREET 101 NORFOLK VA 23510 DR STURE V SIGFRED 1.00 X 0 0 0 DONNA M PHANEUF 1.00 X 0 0 0 ANNE LANKFORD 1.00 X 0 0 0 CATHY COLEMAN 40.00 X X 118120 0 10495 CHRISTY ALLEN 1.00 X 0 0 0 BRUCE BISHOP 1.00 X 0 0 0 FRANK BROWN 1.00 X 0 0 0 CHELSY CARTER 1.00 X 0 0 0 JERRY COLLIER 1.00 X 0 0 0 SUSAN COLPITTS 1.00 X 0 0 0 ANNE PHILLIPS 1.00 X 0 0 0 ROBERT W CROSS 1.00 X 0 0 0 ADAMS DARDEN 1.00 X 0 0 0 MIKE OHMSEN 1.00 X 0 0 0 STEPHEN J FUSCHETTI 1.00 X 0 0 0 MARTIN J GANDERSON 1.00 X 0 0 0 CHARLES E HARRIS 1.00 X 0 0 0 PETER J HENRY 1.00 X 0 0 0 LINDA MARKERT 1.00 X 0 0 0 DR PAMELA C KLOEPPEL 1.00 X 0 0 0 EDWARD LADD JR 1.00 X 0 0 0 CHRISTOPHER LAWRENCE 1.00 X 0 0 0 BARRY POLLARA 1.00 X 0 0 0 MARY ROBBINS 1.00 X 0 0 0 SUNNY SONNER 1.00 X 0 0 0 KELLY WARREN 1.00 X 0 0 0 JAMES M WOFFORD 1.00 X 0 0 0 THE HONORABLE PAUL D FRAIM 1.00 X 0 0 0 THE HONORABLE BARCLAY WINN 1.00 X 0 0 0 THE HONORABLE DR THERESA WHIBLEY 1.00 X 0 0 0 DEAN T BUCKIUS 1.00 X 0 0 0 LUKE DOWNING 1.00 X 0 0 0 JOHN HORNBECK 1.00 X 0 0 0 DR DEBORAH DICROCE 1.00 X 0 0 0 ANTHONY DIFILIPPO 1.00 X 0 0 0 ALEX KAJSTURA 1.00 X 0 0 0 RADM JACK KAVANAUGH 1.00 X 0 0 0 KEVIN MURPHY 1.00 X 0 0 0 PETER JOHNSTON 1.00 X 0 0 0 JOHN RHAMSTINE 1.00 X 0 0 0 STANLEY STEIN 1.00 X 0 0 0 RAY KING 1.00 X 0 0 0 RODERICK WOOLARD 1.00 X 0 0 0 TODD ROSENLIEB 1.00 X 0 0 0 TOD SMITH 1.00 X 0 0 0 TARA SOTHERLAND 1.00 X 0 0 0 KEN SUDDITH 1.00 X 0 0 0 118120 0 10495 1 0 0 0 0 88758 1651703 1740461 PROGRAM SERVICE REVENU 711300 118940 118940 OTHER DID REVENUES 561499 90376 90376 209316 11787 11787 1961564 209316 0 11787 153646 148481 5165 815496 788083 27413 70364 67999 2365 74421 71919 2502 5003 4402 601 14500 12760 1740 401576 401576 4238 3730 508 15000 13200 1800 8302 4637 3665 57762 57762 23310 21627 1683 RETAIL RECRUITMENT 67116 67116 REPAIRS AND MAINTENANCE 56020 55072 948 SUPPLIES 24572 23337 1235 TELEPHONE 16009 14088 1921 PARKING 10470 9214 1256 19299 16352 2947 1837104 1781355 55749 0 785160 670746 199619 214527 717469 536772 174087 180697 101006 305396 7184 6443 1267056 1377809 112265 55210 48800 32700 107017 166465 268082 254375 X 654097 664765 344877 458669 998974 1123434 1267056 1377809 124460 0 X X 0 1 1 X 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 61980 27027 34953 631489 485745 145744 24000 24000 0 180697 INVESTMENTS IN DEFERRED COMPENSATION PLAN 138256 F LONG-TERM CERTIFICATES OF DEPOSIT 167140 F 305396 DEFERRED COMPENSATION PLAN 138256 PAYROLL AND PAYROLL TAXES PAYABLE AND WITHHELD 28209 166465 1961564 1837104 124460 0 124460 1961564 0 1961564 0 1961564 1837104 0 1837104 0 1837104 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE COUNCIL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. INTERNAL REVENUE CODE SECTION 513(A) DEFINES AN UNRELATED TRADE OR BUSINESS OF AN EXEMPT ORGANIZATION AS ANY TRADE OR BUSINESS WHICH IS NOT SUBSTANTIALLY RELATED TO THE EXERCISE OR PERFORMANCE OF ITS EXEMPT PURPOSE. CURRENTLY, THE COUNCIL HAS NO OBLIGATION FOR ANY UNRELATED BUSINESS INCOME TAX. THE COUNCIL BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE COUNCIL'S FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR THE YEARS AFTER JUNE 30, 2008, ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. FORM 990, PART VI, SECTION A, LINE 6 THE COUNCIL CONSISTS OF MEMBERS WHO ARE THE LEADERSHIP VOICE OF THE PEOPLE OF DOWNTOWN NORFOLK, DEDICATED TO THE GROWTH AND DEVELOPMENT OF NORFOLK'S DOWNTOWN ECONOMY; TO THE ENHANCEMENT OF A QUALITY URBAN LIFESTYLE AND TO THE FULFILLMENT OF DOWNTOWN NORFOLK'S POTENTIAL. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE COUNCIL VOTE ON WHO WILL SERVE AS OFFICERS ON THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 INFORMATION ON FILING PROVIDED TO TREASURER AND PRESENTED TO EXECUTIVE COMMITTEE AND BOARD THROUGH GENERAL ANNOUNCEMENT THAT OUR FINANCIAL STATEMENTS ARE OPEN FOR ANYONE TO REVIEW AT ANY TIME EACH YEAR DURING THE AUDIT REVIEW AND BOARD ORIENTATION. THE FORM 990 IS RECEIVED FROM AUDITOR, REVIEWED BY DIRECTOR OF FINANCE WITH TREASURER, SIGNED BY PRESIDENT & CEO, MAILED BY DIRECTOR OF FINANCE. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES ARE REQUIRED TO DISCLOSE SECONDARY EMPLOYMENT WITH THE DISTRICT AND RECEIVE PRIOR APPROVAL FROM PRESIDENT & CEO. FORM 990, PART VI, SECTION B, LINE 15 PRESIDENT & CEO - ANNUAL REVIEW PERFORMED BY EXECUTIVE COMMITTEE WITH INCREASES ESTABLISHED PER PREVIOUSLY APPROVED BUDGET. KEY EMPLOYEES - ANNUAL REVIEW PERFORMED BY PRESIDENT & CEO WITH INCREASES ESTABLISHED PER PREVIOUSLY APPROVED BUDGET. FORM 990, PART VI, SECTION C, LINE 19 THE ANNUAL REPORT PRESENTED AT ANNUAL MEETING AND POSTED ON WEBSITE; OPPORTUNITY FOR PUBLIC TO PREVIEW CORPORATE DOCUMENTS PRESENTED AT ANNUAL MEETING. FORM 990, PART XI, LINE 2C: THE COUNCIL HAS NOT CHANGED THE OVERSIGHT OR SELECTION PROCESS OF THE AUDIT DURING THE TAX YEAR. DOWNTOWN NORFOLK FUND 201 GRANBY STREET SUITE 101 NORFOLK VA 23510 541472420 A MEDIUM TO ACCEPT CHARITABLE GIVING AND GRANT FUNDING DURING THE YEAR. VA 501(C)(3) 11, TYPE II DOWNTOWN NORFOLK DEVELOPMENT CORPORATION 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0