Civic Intelligence

Mount Vernon Triangle Community Improvement District

990 • Fiscal year 2015 • EIN 20-1608105

Oct 01, 2014 to Sep 30, 2015 • Filed on Feb 09, 2016

457 Massachusetts Avenue NWWashington, DC 20001

(202) 216-0511

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

60th percentile

0.16x

Higher debt load relative to assets than 60% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

51st percentile

0.08x

Higher debt load relative to revenue than 51% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Net Margin

67th percentile

8.4%

Higher net margin than 67% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

72nd percentile

$105,202

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 12.6% of source-year revenue.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Asset Growth

86th percentile

27%

Faster asset growth than 86% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

77th percentile

14%

Faster revenue growth than 77% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$397,723

Up $84,358 (+27%) from 2014

Net Assets

Up

$333,904

Up $70,297 (+27%) from 2014

Liabilities

Up

$63,819

Up $14,061 (+28%) from 2014

Revenue

Up

$836,234

Up $104,634 (+14%) from 2014

Expenses

Up

$765,937

Up $87,939 (+13%) from 2014

Net Income

Up

$70,297

Up $16,695 (+31%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $206,615Liabilities 2011: $46,502Net Assets 2011: $160,1132011Assets 2012: $265,606Liabilities 2012: $68,991Net Assets 2012: $196,6152012Assets 2013: $503,664Liabilities 2013: $87,449Net Assets 2013: $416,2152013Assets 2014: $313,365Liabilities 2014: $49,758Net Assets 2014: $263,6072014Assets 2015: $397,723Liabilities 2015: $63,819Net Assets 2015: $333,9042015Assets 2016: $611,956Liabilities 2016: $118,308Net Assets 2016: $493,6482016Assets 2017: $902,965Liabilities 2017: $357,930Net Assets 2017: $545,0352017Assets 2018: $774,788Liabilities 2018: $278,686Net Assets 2018: $496,1022018Assets 2019: $930,858Liabilities 2019: $344,971Net Assets 2019: $585,8872019Assets 2020: $967,361Liabilities 2020: $411,075Net Assets 2020: $556,2862020Assets 2021: $1,051,527Liabilities 2021: $434,533Net Assets 2021: $616,9942021Assets 2022: $1,188,410Liabilities 2022: $473,658Net Assets 2022: $714,7522022Assets 2023: $1,382,218Liabilities 2023: $558,393Net Assets 2023: $823,8252023Assets 2024: $1,772,725Liabilities 2024: $905,460Net Assets 2024: $867,2652024

Highlighted filing

2015

Assets$397,723
Liabilities$63,819
Net Assets$333,904

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $639,263Expenses 2011: $649,759Net Income 2011: -$10,4962011Expenses 2012: $684,2232012Expenses 2013: $685,8842013Revenue 2014: $731,600Expenses 2014: $677,998Net Income 2014: $53,6022014Revenue 2015: $836,234Expenses 2015: $765,937Net Income 2015: $70,2972015Revenue 2016: $941,037Expenses 2016: $904,069Net Income 2016: $36,9682016Revenue 2017: $1,043,745Expenses 2017: $992,358Net Income 2017: $51,3872017Revenue 2018: $996,748Expenses 2018: $1,045,725Net Income 2018: -$48,9772018Revenue 2019: $1,148,113Expenses 2019: $1,058,328Net Income 2019: $89,7852019Revenue 2020: $1,067,337Expenses 2020: $1,096,938Net Income 2020: -$29,6012020Revenue 2021: $1,150,504Expenses 2021: $1,089,796Net Income 2021: $60,7082021Revenue 2022: $1,465,552Expenses 2022: $1,363,444Net Income 2022: $102,1082022Revenue 2023: $1,402,538Expenses 2023: $1,293,465Net Income 2023: $109,0732023Revenue 2024: $1,390,200Expenses 2024: $1,346,760Net Income 2024: $43,4402024

Highlighted filing

2015

Revenue$836,234
Expenses$765,937
Net Income$70,297
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Feb 9, 2016
Return Version
2014v6.0
Gross Receipts
$836,234
Mission and Program Overview

Mission

To enhance the quality of life of residents, visitors and workers, and to promote the common commercial interests of business and property owners, in the area described as the "mount vernon triangle community improvement district" as defined in the business improvement district act of 1996.

To promote the common business interests of businesses located in the area described as the "mount vernon triangle community improvement district" (cid) as defined in the business and community improvement districts act of 1996.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$287,847$351,596▲ $63,749
Prepaid Expenses and Deferred Charges$4,298$11,343▲ $7,045
Land, Buildings, and Equipment, Net$19,002$10,068▼ $8,934
Pledges and Grants Receivable-$10,000-
Accounts Receivable$318$552▲ $234
Total Assets$313,365$397,723▲ $84,358
Other Assets Total$1,900$14,164▲ $12,264
Liabilities
Accounts Payable and Accrued Expenses$31,519$47,572▲ $16,053
Deferred Revenue$18,239$16,247▼ $1,992
Total Liabilities$49,758$63,819▲ $14,061
Net Assets / Fund Balance
Unrestricted Net Assets$263,607$333,904▲ $70,297
Total Net Assets Fund Balance$263,607$333,904▲ $70,297
Total Liabilities and Net Assets / Fund Balance$313,365$397,723▲ $84,358

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,068$34,334$44,402
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Claire Schaefer OleksaikPresidentFT$94,042$11,160$105,202

Board Members and Trustees

NameTitle
Dr Joseph EvansChairman
Berkeley ShervinVice-chairman
Mark S WoodAt Large Director
Tarra KohliAt Large Director
Todd DengelAt Large Director
Yvonne L WilliamsAt Large Director
Abby ElbaumDirector
Gerry WiddicombeDirector
Hakan IlhanDirector
Matthew ShannonDirector
May ChanDirector
Michelle MartinDirector
Nicolas FranzettiDirector
Pete OtteniDirector
Reverend James TerrellDirector
Stephan RodigerDirector
Steven C BoyleDirector
Dr Ivory ToldsonSecretary
Jimmy DodsonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Central Union MissionCleaning/street Maintenance Services65 MASSACHUSETTS AVE NW, Washington, DC 20001$225,379
Revenue and Support

Revenue Composition

Contributions and Grants
$118,000
Program Service Revenue
$718,234
Investment Income
$0
Other Revenue
$0
All Other Contributions
$18,000
Change in Net Assets
$70,297

Audited Revenue Reconciliation

Revenue per Audited Statements
$836,234
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$34,795
Total Revenue per Audited Statements
$871,029
Total Revenue per Form 990
$836,234
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$477,095
Salaries, Compensation, and Employee Benefits$288,842
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$148,548
Current Officers, Directors, Trustees, and Key Employees---$99,712
Conferences and Meetings---$52,541
Fees for Services Accounting---$48,631
Fees for Services Other---$46,070
Advertising---$36,110
Payroll Taxes---$20,551
Other Employee Benefits---$14,931
Information Technology---$10,601
Occupancy---$10,531
Office Expenses---$9,261
Depreciation Depletion---$8,934
Insurance---$7,402
Fees for Services Legal---$5,365
Pension Plan Contributions---$5,100
Other Expenses---$4,172
Travel---$916
Total Functional Expenses$0$0$0$765,937

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$800,732
Expenses per Audited Statements$765,937
Total Expenses per Form 990$765,937
Expenses Not Reported on Form 990$34,795
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The corporation is a membership corporation. Persons eligible for membership shall include property owners and commercial and residential tenants in the cid area.

Form 990, Part VI, Section A, Line 7A

Members of the mount vernon triangle community improvement district elect the organization's governing body (board of directors)

Form 990, Part VI, Section B, Line 11

The board of directors reviews the 990 prior to filing the return.

Form 990, Part VI, Section B, Line 12C

Employees have an obligation to conduct business within guidelines that prohibit actual or potential conflicts of interest. This policy establishes only the framework within which the mount vernon triangle cid plans to operate. The purpose of these guidelines is to provide general direction so employees can seek further clarification on issues related to the subject of acceptable standards of operation. The basic principle of conflict of interest is that employees should avoid any activity, investment, or interest that might reflect unfavorably upon the integrity or good name of the employee or of the mount vernon triangle cid.

Form 990, Part VI, Section B, Line 15

This standard compensation of the executive director is contract based. The board president collects and reviews evaluations from all the executive committee members regarding the executive director's performance. The board president meets with the executive director when compensation recommendations have been approved to discuss changes in compensation and benefits.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public on their website www.mvtcid.org

Filing and Contact Details

Filer

Filer Name
Mount Vernon Triangle Community
EIN
20-1608105
Phone
2022160511
Address
457 MASSACHUSETTS AVENUE NW, WASHINGTON, DC 20001

Signing Officer

Name
Jimmy Dodson
Title
Treasurer
Phone
2022160511
Signed
2016-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jimmy Dodson
Formed
2003
Legal Domicile
Dc
Voting Board Members
19
Independent Board Members
19
Employees
4
Volunteers
19

Preparer

Firm
Matthews Carter & Boyce
Address
12500 FAIR LAKES CIRCLE SUITE 260, FAIRFAX, VA 22033
Preparer
Kathleen M Flaherty
Phone
7032183600
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization did not change its oversight or selection process during the tax year.

Financial Statement Notes

PART X, LINE 2:

The financial accounting standards board (fasb) issued fasb asc740, income taxes, which requires changes in recognition and measurement for uncertain tax positions. The organization has determined that it currently does not have any uncertain tax positions. If this position changes, the organization will assess the impact of any such matters on its statement of financial position and its results of operations.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2AT LARGE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6AT LARGE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8AT LARGE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12AT LARGE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt17VICE-CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt18TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt19SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt019
IRS990/GovernmentGrantsAmt0100000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0836234
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt019
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt010601
IRS990/InsuranceGrp/TotalAmt07402
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt034334
IRS990/LandBldgEquipBasisNetGrp/BOYAmt019002
IRS990/LandBldgEquipBasisNetGrp/EOYAmt010068
IRS990/LandBldgEquipCostOrOtherBssAmt044402
IRS990/LegalDomicileStateCd0DC
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE THE COMMON BUSINESS INTERESTS OF BUSINESSES LOCATED IN THE AREA DESCRIBED AS THE "MOUNT VERNON TRIANGLE COMMUNITY IMPROVEMENT DISTRICT" AS DEFINED IN THE BUSINESS AND COMMUNITY IMPROVEMENT DISTRICTS ACT OF 1996.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0263607
IRS990/NetAssetsOrFundBalancesEOYAmt0333904
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt010531
IRS990/OfficeExpensesGrp/TotalAmt09261
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01900
IRS990/OtherAssetsTotalGrp/EOYAmt014164
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt014931
IRS990/OtherExpensesGrp/Desc0CLEANING & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1DPW PUBLIC SPACE EXPE
IRS990/OtherExpensesGrp/Desc2ART AND CULTURAL
IRS990/OtherExpensesGrp/Desc3OTHER EXPENSES
IRS990/OtherExpensesGrp/TotalAmt0122292
IRS990/OtherExpensesGrp/TotalAmt1100000
IRS990/OtherExpensesGrp/TotalAmt214269
IRS990/OtherExpensesGrp/TotalAmt34172
IRS990/OtherSalariesAndWagesGrp/TotalAmt0148548
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt020551
IRS990/PensionPlanContributionsGrp/TotalAmt05100
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt010000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04298
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011343
IRS990/PrincipalOfficerNm0JIMMY DODSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0561499
IRS990/ProgramServiceRevenueGrp/BusinessCd1561499
IRS990/ProgramServiceRevenueGrp/Desc0MEMEBER ASSESSMENT
IRS990/ProgramServiceRevenueGrp/Desc1PENALTY INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0707289
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110945
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0707289
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110945
IRS990/ProgSrvcAccomActy2Grp/Desc0MARKETING- THE ORGANIZATION PROVIDES MARKETING SERVICES AIMED AT INCREASING THE KNOWLEDGE AND AWARENESS OF THE MOUNT VERNON TRIANGLE NEIGHBORHOOD. THE ORGANIZATION ALSO WORKS TO COMMUNICATE MOUNT VERNON TRIANGLE'S EMERGENCE AS A UNIQUE DOWNTOWN NEIGHBORHOOD THROUGH AN INTERACTIVE WEBSITE AND DISTRIBUTING NEWSLETTERS IN THE MOUNT VERNON TRIANGLE NEIGHBORHOOD.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0109500
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0435473
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0622100
IRS990/PYRevenuesLessExpensesAmt053602
IRS990/PYSalariesCompEmpBnftPaidAmt0242525
IRS990/PYTotalExpensesAmt0677998
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0731600
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt070297
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt034795
IRS990ScheduleD/DonatedServicesUseFcltsAmt034795
IRS990ScheduleD/EquipmentGrp/BookValueAmt010068
IRS990ScheduleD/EquipmentGrp/DepreciationAmt034334
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt044402
IRS990ScheduleD/ExpensesNotReportedAmt034795
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0765937
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt034795
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0836234
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED FASB ASC740, INCOME TAXES, WHICH REQUIRES CHANGES IN RECOGNITION AND MEASUREMENT FOR UNCERTAIN TAX POSITIONS. THE ORGANIZATION HAS DETERMINED THAT IT CURRENTLY DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS. IF THIS POSITION CHANGES, THE ORGANIZATION WILL ASSESS THE IMPACT OF ANY SUCH MATTERS ON ITS STATEMENT OF FINANCIAL POSITION AND ITS RESULTS OF OPERATIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010068
IRS990ScheduleD/TotalExpensesPerForm990Amt0765937
IRS990ScheduleD/TotalRevenuePerForm990Amt0836234
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0871029
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0800732
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS A MEMBERSHIP CORPORATION. PERSONS ELIGIBLE FOR MEMBERSHIP SHALL INCLUDE PROPERTY OWNERS AND COMMERCIAL AND RESIDENTIAL TENANTS IN THE CID AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS OF THE MOUNT VERNON TRIANGLE COMMUNITY IMPROVEMENT DISTRICT ELECT THE ORGANIZATION'S GOVERNING BODY (BOARD OF DIRECTORS)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWS THE 990 PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EMPLOYEES HAVE AN OBLIGATION TO CONDUCT BUSINESS WITHIN GUIDELINES THAT PROHIBIT ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. THIS POLICY ESTABLISHES ONLY THE FRAMEWORK WITHIN WHICH THE MOUNT VERNON TRIANGLE CID PLANS TO OPERATE. THE PURPOSE OF THESE GUIDELINES IS TO PROVIDE GENERAL DIRECTION SO EMPLOYEES CAN SEEK FURTHER CLARIFICATION ON ISSUES RELATED TO THE SUBJECT OF ACCEPTABLE STANDARDS OF OPERATION. THE BASIC PRINCIPLE OF CONFLICT OF INTEREST IS THAT EMPLOYEES SHOULD AVOID ANY ACTIVITY, INVESTMENT, OR INTEREST THAT MIGHT REFLECT UNFAVORABLY UPON THE INTEGRITY OR GOOD NAME OF THE EMPLOYEE OR OF THE MOUNT VERNON TRIANGLE CID.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THIS STANDARD COMPENSATION OF THE EXECUTIVE DIRECTOR IS CONTRACT BASED. THE BOARD PRESIDENT COLLECTS AND REVIEWS EVALUATIONS FROM ALL THE EXECUTIVE COMMITTEE MEMBERS REGARDING THE EXECUTIVE DIRECTOR'S PERFORMANCE. THE BOARD PRESIDENT MEETS WITH THE EXECUTIVE DIRECTOR WHEN COMPENSATION RECOMMENDATIONS HAVE BEEN APPROVED TO DISCUSS CHANGES IN COMPENSATION AND BENEFITS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON THEIR WEBSITE WWW.MVTCID.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd01
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0313365
IRS990/TotalAssetsEOYAmt0397723
IRS990/TotalAssetsGrp/BOYAmt0313365
IRS990/TotalAssetsGrp/EOYAmt0397723
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0118000
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/TotalAmt0765937
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt049758
IRS990/TotalLiabilitiesEOYAmt063819
IRS990/TotalLiabilitiesGrp/BOYAmt049758
IRS990/TotalLiabilitiesGrp/EOYAmt063819
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0263607
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0333904
IRS990/TotalOtherCompensationAmt011160
IRS990/TotalProgramServiceRevenueAmt0718234
IRS990/TotalReportableCompFromOrgAmt094042
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0718234

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.77$0.91$0.87$1.39$1.35$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.38$0.56$0.82$1.40$1.29$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$0.47$0.71$1.47$1.36$0.10
2021Detailed filing. Detailed filing data is available for this year.$1.05$0.43$0.62$1.15$1.09$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.97$0.41$0.56$1.07$1.10$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.93$0.34$0.59$1.15$1.06$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.77$0.28$0.50$1.00$1.05$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.90$0.36$0.55$1.04$0.99$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.61$0.12$0.49$0.94$0.90$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.40$0.06$0.33$0.84$0.77$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.31$0.05$0.26$0.73$0.68$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.09$0.42$0.69
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.07$0.20$0.68
2011Summary only. Only limited summary data is available for this year.$0.21$0.05$0.16$0.64$0.65$0.01