Civic Intelligence

Downtown Parking Management Inc

990 • Fiscal year 2019 • EIN 45-1276191

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 02, 2020

349 4th Ave SECedar Rapids, IA 52401

(319) 365-7275

Siviq Scores

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

Liabilities / Assets

90th percentile

0.68x

Higher debt load relative to assets than 90% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

74th percentile

0.53x

Higher debt load relative to revenue than 74% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Net Margin

28th percentile

-2.0%

Higher net margin than 28% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

58th percentile

$0

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Asset Growth

66th percentile

8.6%

Faster asset growth than 66% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

60th percentile

5.4%

Faster revenue growth than 60% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$3,513,488

Up $277,115 (+8.6%) from 2018

Net Assets

Down

$1,137,542

Down $88,664 (-7.2%) from 2018

Liabilities

Up

$2,375,946

Up $365,779 (+18%) from 2018

Revenue

Up

$4,443,686

Up $229,372 (+5.4%) from 2018

Expenses

Up

$4,532,350

Up $99,557 (+2.2%) from 2018

Net Income

Up

-$88,664

Up $129,815 (+59%) from 2018

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2014: $3,025,151Liabilities 2014: $1,144,522Net Assets 2014: $1,880,6292014Assets 2015: $3,349,953Liabilities 2015: $1,578,478Net Assets 2015: $1,771,4752015Assets 2016: $4,105,684Liabilities 2016: $1,513,883Net Assets 2016: $2,591,8012016Assets 2017: $3,490,348Liabilities 2017: $2,045,663Net Assets 2017: $1,444,6852017Assets 2018: $3,236,373Liabilities 2018: $2,010,167Net Assets 2018: $1,226,2062018Assets 2019: $3,513,488Liabilities 2019: $2,375,946Net Assets 2019: $1,137,5422019Assets 2020: $2,783,038Liabilities 2020: $2,594,516Net Assets 2020: $188,5222020Assets 2021: $2,652,564Liabilities 2021: $3,321,958Net Assets 2021: -$669,3942021Assets 2022: $2,245,768Liabilities 2022: $3,162,089Net Assets 2022: -$916,3212022Assets 2023: $2,128,178Liabilities 2023: $3,434,248Net Assets 2023: -$1,306,0702023Assets 2024: $2,215,555Liabilities 2024: $3,804,448Net Assets 2024: -$1,588,8932024

Highlighted filing

2019

Assets$3,513,488
Liabilities$2,375,946
Net Assets$1,137,542

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $4,046,656Expenses 2014: $3,680,708Net Income 2014: $365,9482014Revenue 2015: $4,102,355Expenses 2015: $4,815,366Net Income 2015: -$713,0112015Revenue 2016: $4,272,369Expenses 2016: $4,023,439Net Income 2016: $248,9302016Revenue 2017: $4,131,247Expenses 2017: $4,285,154Net Income 2017: -$153,9072017Revenue 2018: $4,214,314Expenses 2018: $4,432,793Net Income 2018: -$218,4792018Revenue 2019: $4,443,686Expenses 2019: $4,532,350Net Income 2019: -$88,6642019Revenue 2020: $2,574,821Expenses 2020: $3,523,841Net Income 2020: -$949,0202020Revenue 2021: $2,696,142Expenses 2021: $3,554,058Net Income 2021: -$857,9162021Revenue 2022: $3,106,069Expenses 2022: $3,352,996Net Income 2022: -$246,9272022Revenue 2023: $3,375,643Expenses 2023: $3,765,392Net Income 2023: -$389,7492023Revenue 2024: $3,477,383Expenses 2024: $3,760,206Net Income 2024: -$282,8232024

Highlighted filing

2019

Revenue$4,443,686
Expenses$4,532,350
Net Income-$88,664
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 2, 2020
Return Version
2019v5.1
Gross Receipts
$4,443,686
Mission and Program Overview

Mission

The mission of downtown parking management, inc. (dpmi) is to provide efficient, convenient and affordable parking options for downtown cedar rapids. Dpmi's vision is to enhance the downtown tenant and visitor experience and be a catalyst for economic development.

To provide efficient, convenient, and affordable parking options for downtown cedar rapids

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,314,569$1,681,626▲ $367,057
Land, Buildings, and Equipment, Net$1,664,623$1,549,684▼ $114,939
Prepaid Expenses and Deferred Charges$144,276$141,606▼ $2,670
Accounts Receivable$112,905$140,572▲ $27,667
Total Assets$3,236,373$3,513,488▲ $277,115
Liabilities
Accounts Payable and Accrued Expenses$1,907,976$2,199,239▲ $291,263
Other Liabilities$100,139$172,185▲ $72,046
Deferred Revenue$2,052$4,522▲ $2,470
Total Liabilities$2,010,167$2,375,946▲ $365,779
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,226,206$1,137,542▼ $88,664
Total Net Assets Fund Balance$1,226,206$1,137,542▼ $88,664
Total Liabilities and Net Assets / Fund Balance$3,236,373$3,513,488▲ $277,115

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$611,319$2,283,474$2,894,793
Leasehold Improvements$938,365$479,401$1,417,766
Compensation and Service Providers

Board Members and Trustees

NameTitle
David ZylstraChairman
Fred TimkoDirector
Jon DusekDirector
Matt CorkeryDirector
Pat StepanekDirector
Jon RouseGeneral Manager

Highest Paid Contractors

ContractorServicesLocationCompensation
Republic Parking ServicesManagment,payroll And Insurance633 CHESTNUT STREET STE 2000, Chattanooga, TN 37450$1,388,788
City Of Cedar RapidsPayroll, Insurance, Energy Management101 FIRST STREET SE, Cedar Rapids, IA 52401$1,265,675
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,422,432
Investment Income
$9,967
Other Revenue
$11,287
Change in Net Assets
$-88,664

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,443,686
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,443,686
Total Revenue per Form 990
$4,443,686
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,532,350
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,168,768$224,463-$1,393,231
Occupancy$506,216--$506,216
Depreciation Depletion$265,955$143,008-$408,963
All Other Expenses$269,574--$269,574
Information Technology$158,780$44,691-$203,471
Insurance$184,617$18,389-$203,006
Office Expenses$67,329$90,357-$157,686
Fees for Services Management$92,061$55,739-$147,800
Advertising$22,991$20,613-$43,604
Travel$38,373$3,648-$42,021
Fees for Services Accounting-$17,175-$17,175
Other Expenses$26,981$9,532-$9,532
Total Functional Expenses$3,904,398$627,952$0$4,532,350

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,532,350
Total Expenses per Audited Statements$4,532,350
Total Expenses per Form 990$4,532,350
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to City of Cedar Rapids$172,185
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The day-to-day parking operations of the company have been contracted out to republic parking systems, inc. However, the overall management of the organization is still retained by the directors and management.

Form 990, Part VI, Section A, Line 6

The cedar rapids downtown district (now merged with the cedar rapids metro economic alliance - "economic alliance") and the cedar rapids downtown self-supported municipal improvement district ("downtown ssmid") shall be members of dpmi.

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

The economic alliance shall appoint two directors and the downtown ssmid will appoint two directors.

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

The members shall have the right to remove and fill vacancies of any director position upon majority vote of the members. The articles of incorporation may only be amended with the approval of the members. The bylaws may only be amended by a majority vote of the directors and approval by the members.

Form 990, Part VI, Section A, Line 8B

No committees have the authority to act on behalf of the board.

Form 990, Part VI, Section B, Line 11B

The form 990 was prepared by an independent accounting firm and then a draft was provided to the contract cfo and the economic alliance staff liaison for review. The final draft is provided to the board of directors before filing.

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

The conflict of interest policy applies to all board members, volunteers and employees. There is general discussion periodically with the board concerning potential conflicts of interest. The majority of board members not in conflict make the determination whether a potential conflict is an actual conflict. If an actual conflict arises, it would be resolved to the satisfaction of the entire board and the board member in conflict would recuse themselves from any deliberation and vote.

Form 990, Part VI, Section C, Line 19

The governing documents, which include the conflict of interest policy, are made available to the public upon request at the economic alliance, located at 501 1st st. Se, cedar rapids, ia 52401. The financial statements are not made available for public inspection.

Filing and Contact Details

Filer

Filer Name
Downtown Parking Management Inc
EIN
45-1276191
Phone
3193657275
Address
349 4TH AVE SE, CEDAR RAPIDS, IA 52401

Signing Officer

Name
David Zylstra
Title
Board Chair
Phone
3193657275
Signed
2020-09-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Zylstra
Formed
2011
Legal Domicile
Ia
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
10

Preparer

Firm
Cliftonlarsonallen Llp
Address
600 3RD AVENUE SE SUITE 300, CEDAR RAPIDS, IA 52401
Preparer
David Little
Phone
3193632697
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contracted services - rps: program service expenses 928,210. Management and general expenses 224,463. Fundraising expenses 0. Total expenses 1,152,673. Contracted services - city of cedar rapids: program service expenses 206,803. Management and general expenses 0. Fundraising expenses 0. Total expenses 206,803. Security services: program service expenses 17,414. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,414. Contract labor: program service expenses 16,341. Management and general expenses 0. Fundraising expenses 0. Total expenses 16,341.

Form 990, Part XII, Line 2C

The organization has not changed either its oversight process or selection process during the tax year.

Financial Statement Notes

PART X, LINE 2:

The company is exempt from income taxes under section 501(c)(4) of the internal revenue code and a similar section of the iowa income tax law, which provides an income tax exemption for corporations organized and operated exclusively for religious, charitable, or educational purposes. The internal revenue service has not determined that the company is a private foundation. The company files information returns in the u.s. Federal jurisdiction. The company follows the accounting standards to evaluate uncertain tax positions and has determined that it was not required to record a liability related to uncertain tax positions.

Raw XML Appendix399 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0PROVISION OF PARKING FACILITIES AND SYSTEM UPGRADES:THE SYSTEM PROVIDES SPACE TO ABOUT 3,900 DOWNTOWN EMPLOYEES AND APPROXIMATELY 280,000 ESTIMATED VISITOR/EVENT PATRONS. IN ADDITION, THE SYSTEM OPERATES APPROXIMATELY 4,000 ON STREET SPACES WITH AN ESTIMATED 322,000 ANNUAL ON STREET TRANSACTIONS. PARKING TRANSACTIONS ANNUALLY ARE ESTIMATED TO BE 550,000 TRANSACTIONS. DPMI CONTINUES TO STRIVE IN CREATING A WELCOMING, SAFE ENVIRONMENT THROUGH 24/7 SECURITY EFFORTS AND AMENITIES. THE AMENITIES SERVICES PROGRAM ACCOMMODATES PARKING PATRONS, SHOULD AN UNEXPECTED SITUATION OCCUR, OFFERING INSTANT ACCESS TO A RANGE OF SERVICES FROM COURTESY JUMP STARTS, TIRE FILL, TO SECURITY ASSISTANCE. CAPITAL PROJECTS COMPLETED INCLUDE ELEVATOR UPGRADES, ROOF REPLACEMENTS, DECK SEALING, SECURITY, LIGHTING, SKYWALK AND ENTRANCE GATE UPGRADES.
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IRS990/MissionDesc0THE MISSION OF DOWNTOWN PARKING MANAGEMENT, INC. (DPMI) IS TO PROVIDE EFFICIENT, CONVENIENT AND AFFORDABLE PARKING OPTIONS FOR DOWNTOWN CEDAR RAPIDS. DPMI'S VISION IS TO ENHANCE THE DOWNTOWN TENANT AND VISITOR EXPERIENCE AND BE A CATALYST FOR ECONOMIC DEVELOPMENT.
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IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0DEBT SERVICE PAYMENT
IRS990/OtherExpensesGrp/Desc1GENERAL OPERATING SUPPL
IRS990/OtherExpensesGrp/Desc2BAD DEBT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0337
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt19532
IRS990/OtherExpensesGrp/ProgramServicesAmt01102753
IRS990/OtherExpensesGrp/ProgramServicesAmt126981
IRS990/OtherExpensesGrp/TotalAmt01102753
IRS990/OtherExpensesGrp/TotalAmt127318
IRS990/OtherExpensesGrp/TotalAmt29532
IRS990/OtherLiabilitiesGrp/BOYAmt0100139
IRS990/OtherLiabilitiesGrp/EOYAmt0172185
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt011287
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt011287
IRS990/OtherRevenueTotalAmt011287
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0144276
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0141606
IRS990/PrincipalOfficerNm0DAVID ZYLSTRA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0812930
IRS990/ProgramServiceRevenueGrp/BusinessCd1561000
IRS990/ProgramServiceRevenueGrp/Desc0PARKING REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1PAYMENT PROCESSING FEE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04337788
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt184644
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04337788
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt184644
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVISION OF PARKING SERVICES TO FACILITATE JOB GROWTH AND ECONOMIC DEVELOPMENT:TO AID IN FOSTERING, SUPPORTING AND ENCOURAGING GROWTH AND DEVELOPMENT OF JOBS, AND THE DEVELOPMENT OF NEW BUSINESS AND INDUSTRY, DPMI HAS DEVELOPED A SUITE OF PARKING INCENTIVE AND SUBSIDY PROGRAMS TO SPUR INVESTMENT IN THE GREATER DOWNTOWN AREA. THE PROGRAMS ENABLE BUSINESSES, EMPLOYERS AND EMPLOYEES THE OPPORTUNITY TO RECEIVE DISCOUNTS OFF OF MONTHLY PARKING RATES AND HAVE HELPED CATALYZE MORE THAN 650 JOBS ANNUALLY. TO DATE 13 EXISTING COMPANIES WERE OFFERED PARKING INCENTIVES AND/OR PARKING SUBSIDY SOLUTIONS. RETENTION AND EXPANSION OF EXISTING JOBS AND BUSINESS CONSUMES APPROXIMATELY 33 PERCENT OF DPMI'S TIME.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0976100
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0EDUCATION AND COMMUNICATION WITH PARKING SYSTEM USERS:IN ORDER TO IMPROVE PUBLIC PERCEPTION OF PARKING IN DOWNTOWN CEDAR RAPIDS AND TO LEVERAGE PARKING AS A SIGNIFICANT TOOL AND CATALYST FOR ECONOMIC DEVELOPMENT, DPMI HAS INITIATED SIGNIFICANT OUTREACH STRATEGIES. "PARK CEDAR RAPIDS" CAMPAIGN WAS LAUNCHED IN OCTOBER 2011 TO INFORM THE GENERAL PUBLIC AND DOWNTOWN STAKEHOLDERS OF A NEW AND ENHANCED PARKING SYSTEM - ONE FOCUSED ON SUPERIOR CUSTOMER SERVICE, IMPROVED SECURITY AND POSITIVE EXPERIENCE. COMMUNICATION MECHANISMS RANGED FROM CREATING A NEW INTERACTIVE WEBSITE, PARTNERING WITH THE MEDIA, HOSTING Q&A COMMUNITY OUTREACH EVENTS, AND IMPLEMENTING AN AMBASSADOR PROGRAM TO ASSIST THE GENERAL PUBLIC AND STAKEHOLDERS WITH THE USE OF THE NEW PARKING TECHNOLOGIES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0780879
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt04432793
IRS990/PYOtherRevenueAmt05728
IRS990/PYProgramServiceRevenueAmt04208586
IRS990/PYRevenuesLessExpensesAmt0-218479
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt04432793
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04214314
IRS990/ReconcilationRevenueExpnssAmt0-88664
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04422432
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0611319
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02283474
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02894793
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04532350
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0938365
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0479401
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01417766
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0172185
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO CITY OF CEDAR RAPIDS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04443686
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COMPANY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE AND A SIMILAR SECTION OF THE IOWA INCOME TAX LAW, WHICH PROVIDES AN INCOME TAX EXEMPTION FOR CORPORATIONS ORGANIZED AND OPERATED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, OR EDUCATIONAL PURPOSES. THE INTERNAL REVENUE SERVICE HAS NOT DETERMINED THAT THE COMPANY IS A PRIVATE FOUNDATION. THE COMPANY FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION. THE COMPANY FOLLOWS THE ACCOUNTING STANDARDS TO EVALUATE UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT IT WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01549684
IRS990ScheduleD/TotalExpensesPerForm990Amt04532350
IRS990ScheduleD/TotalLiabilityAmt0172185
IRS990ScheduleD/TotalRevenuePerForm990Amt04443686
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04443686
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04532350
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DAY-TO-DAY PARKING OPERATIONS OF THE COMPANY HAVE BEEN CONTRACTED OUT TO REPUBLIC PARKING SYSTEMS, INC. HOWEVER, THE OVERALL MANAGEMENT OF THE ORGANIZATION IS STILL RETAINED BY THE DIRECTORS AND MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CEDAR RAPIDS DOWNTOWN DISTRICT (NOW MERGED WITH THE CEDAR RAPIDS METRO ECONOMIC ALLIANCE - "ECONOMIC ALLIANCE") AND THE CEDAR RAPIDS DOWNTOWN SELF-SUPPORTED MUNICIPAL IMPROVEMENT DISTRICT ("DOWNTOWN SSMID") SHALL BE MEMBERS OF DPMI.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ECONOMIC ALLIANCE SHALL APPOINT TWO DIRECTORS AND THE DOWNTOWN SSMID WILL APPOINT TWO DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MEMBERS SHALL HAVE THE RIGHT TO REMOVE AND FILL VACANCIES OF ANY DIRECTOR POSITION UPON MAJORITY VOTE OF THE MEMBERS. THE ARTICLES OF INCORPORATION MAY ONLY BE AMENDED WITH THE APPROVAL OF THE MEMBERS. THE BYLAWS MAY ONLY BE AMENDED BY A MAJORITY VOTE OF THE DIRECTORS AND APPROVAL BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO COMMITTEES HAVE THE AUTHORITY TO ACT ON BEHALF OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND THEN A DRAFT WAS PROVIDED TO THE CONTRACT CFO AND THE ECONOMIC ALLIANCE STAFF LIAISON FOR REVIEW. THE FINAL DRAFT IS PROVIDED TO THE BOARD OF DIRECTORS BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE CONFLICT OF INTEREST POLICY APPLIES TO ALL BOARD MEMBERS, VOLUNTEERS AND EMPLOYEES. THERE IS GENERAL DISCUSSION PERIODICALLY WITH THE BOARD CONCERNING POTENTIAL CONFLICTS OF INTEREST. THE MAJORITY OF BOARD MEMBERS NOT IN CONFLICT MAKE THE DETERMINATION WHETHER A POTENTIAL CONFLICT IS AN ACTUAL CONFLICT. IF AN ACTUAL CONFLICT ARISES, IT WOULD BE RESOLVED TO THE SATISFACTION OF THE ENTIRE BOARD AND THE BOARD MEMBER IN CONFLICT WOULD RECUSE THEMSELVES FROM ANY DELIBERATION AND VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE GOVERNING DOCUMENTS, WHICH INCLUDE THE CONFLICT OF INTEREST POLICY, ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ECONOMIC ALLIANCE, LOCATED AT 501 1ST ST. SE, CEDAR RAPIDS, IA 52401. THE FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE FOR PUBLIC INSPECTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8CONTRACTED SERVICES - RPS: PROGRAM SERVICE EXPENSES 928,210. MANAGEMENT AND GENERAL EXPENSES 224,463. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,152,673. CONTRACTED SERVICES - CITY OF CEDAR RAPIDS: PROGRAM SERVICE EXPENSES 206,803. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 206,803. SECURITY SERVICES: PROGRAM SERVICE EXPENSES 17,414. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,414. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 16,341. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,341.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03236373
IRS990/TotalAssetsEOYAmt03513488
IRS990/TotalAssetsGrp/BOYAmt03236373
IRS990/TotalAssetsGrp/EOYAmt03513488
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0627952
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03904398
IRS990/TotalFunctionalExpensesGrp/TotalAmt04532350
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02010167
IRS990/TotalLiabilitiesEOYAmt02375946
IRS990/TotalLiabilitiesGrp/BOYAmt02010167
IRS990/TotalLiabilitiesGrp/EOYAmt02375946
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01226206
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01137542
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt03904398
IRS990/TotalProgramServiceRevenueAmt04422432
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt021254
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04422432
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04443686
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03236373
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03513488
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt03648
IRS990/TravelGrp/ProgramServicesAmt038373
IRS990/TravelGrp/TotalAmt042021
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0349 4TH AVE SE
IRS990/USAddress/CityNm0CEDAR RAPIDS
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd052401
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.PARKCEDARRAPIDS.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID ZYLSTRA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum03193657275
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DOWNTOWN PARKING MANAGEMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0DOWN
ReturnHeader/Filer/EIN0451276191
ReturnHeader/Filer/PhoneNum03193657275
ReturnHeader/Filer/USAddress/AddressLine1Txt0349 4TH AVE SE
ReturnHeader/Filer/USAddress/CityNm0CEDAR RAPIDS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052401
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId027AB7090874C51B549A22783F9FE0F71BC6A1817
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0198.40.250.118
ReturnHeader/FilingSecurityInformation/IPDt02020-09-02
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm014:02:20
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0600 3RD AVENUE SE SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CEDAR RAPIDS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd052401
ReturnHeader/PreparerPersonGrp/PhoneNum03193632697
ReturnHeader/PreparerPersonGrp/PreparationDt02020-09-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID LITTLE
ReturnHeader/ReturnTs02020-10-06T10:12:48-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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