Civic Intelligence

Meatpacking District Management Association Inc.

990 • Fiscal year 2018 • EIN 81-0788036

Jul 01, 2017 to Jun 30, 2018 • Filed on May 21, 2019

32 Gansevoort StreetNew York, NY 10014

(212) 633-0185

Siviq Scores

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

Liabilities / Assets

44th percentile

0.13x

Higher debt load relative to assets than 44% of similar nonprofits.

2018 filings • NTEE S • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

33rd percentile

0.09x

Higher debt load relative to revenue than 33% of similar nonprofits.

2018 filings • NTEE S • $1M-$5M nonprofits • Source year 2018

Net Margin

64th percentile

10%

Higher net margin than 64% of similar nonprofits.

2018 filings • NTEE S • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

85th percentile

$235,251

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 11.1% of source-year revenue.

2018 filings • NTEE S • $1M-$5M nonprofits • Source year 2018

Asset Growth

63rd percentile

5.6%

Faster asset growth than 63% of similar nonprofits.

2018 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

60th percentile

9.3%

Faster revenue growth than 60% of similar nonprofits.

2018 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,426,916

Up $75,404 (+5.6%) from 2017

Net Assets

Up

$1,242,371

Up $212,866 (+21%) from 2017

Liabilities

Down

$184,545

Down $137,462 (-43%) from 2017

Revenue

Up

$2,115,716

Up $180,157 (+9.3%) from 2017

Expenses

Down

$1,902,850

Down $9,568 (-0.5%) from 2017

Net Income

Up

$212,866

Up $189,725 (+820%) from 2017

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$0Assets 2016: $1,077,835Liabilities 2016: $71,471Net Assets 2016: $1,006,3642016Assets 2017: $1,351,512Liabilities 2017: $322,007Net Assets 2017: $1,029,5052017Assets 2018: $1,426,916Liabilities 2018: $184,545Net Assets 2018: $1,242,3712018Assets 2019: $2,074,498Liabilities 2019: $205,304Net Assets 2019: $1,869,1942019Assets 2020: $2,499,941Liabilities 2020: $249,379Net Assets 2020: $2,250,5622020Assets 2021: $4,185,794Liabilities 2021: $425,439Net Assets 2021: $3,760,3552021Assets 2022: $4,142,066Liabilities 2022: $458,186Net Assets 2022: $3,683,8802022Assets 2023: $4,374,289Liabilities 2023: $741,338Net Assets 2023: $3,632,9512023Assets 2024: $4,799,237Liabilities 2024: $625,591Net Assets 2024: $4,173,6462024

Highlighted filing

2018

Assets$1,426,916
Liabilities$184,545
Net Assets$1,242,371

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2016: $1,854,904Expenses 2016: $848,540Net Income 2016: $1,006,3642016Revenue 2017: $1,935,559Expenses 2017: $1,912,418Net Income 2017: $23,1412017Revenue 2018: $2,115,716Expenses 2018: $1,902,850Net Income 2018: $212,8662018Revenue 2019: $2,547,674Expenses 2019: $1,920,851Net Income 2019: $626,8232019Revenue 2020: $2,674,788Expenses 2020: $2,293,420Net Income 2020: $381,3682020Revenue 2021: $2,900,525Expenses 2021: $2,561,122Net Income 2021: $339,4032021Revenue 2022: $3,389,104Expenses 2022: $3,465,579Net Income 2022: -$76,4752022Revenue 2023: $3,576,828Expenses 2023: $3,627,757Net Income 2023: -$50,9292023Revenue 2024: $4,505,767Expenses 2024: $3,965,072Net Income 2024: $540,6952024

Highlighted filing

2018

Revenue$2,115,716
Expenses$1,902,850
Net Income$212,866
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 21, 2019
Return Version
2017v2.3
Gross Receipts
$2,115,716
Mission and Program Overview

Mission

The organization provides supplemental sanitation, public safety, streetscape improvement, visitor information and commercial support services to property owners, businesses and residents of an area established as a business improvement district.

Promote the vitality and economic growth of a business improvement district located in nyc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,000,576$1,205,929▲ $205,353
Cash and Non-Interest-Bearing Accounts$242,270$136,563▼ $105,707
Accounts Receivable$35,681$40,407▲ $4,726
Pledges and Grants Receivable$35,000$25,000▼ $10,000
Prepaid Expenses and Deferred Charges$15,741$3,248▼ $12,493
Total Assets$1,351,512$1,426,916▲ $75,404
Other Assets Total$22,244$15,769▼ $6,475
Liabilities
Accounts Payable and Accrued Expenses$104,007$154,545▲ $50,538
Deferred Revenue$218,000$30,000▼ $188,000
Total Liabilities$322,007$184,545▼ $137,462
Net Assets / Fund Balance
Unrestricted Net Assets$1,029,505$1,133,371▲ $103,866
Temporarily Rstr Net Assets-$109,000-
Total Net Assets Fund Balance$1,029,505$1,242,371▲ $212,866
Total Liabilities and Net Assets / Fund Balance$1,351,512$1,426,916▲ $75,404
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lauren B DanzigerExecutive Director-2018FT$182,097$53,154$235,251
Jeffrey LefrancoisExecutive Director-2019FT$100,457$12,177$112,634

Board Members and Trustees

NameTitle
Jonathan IgerChair - Eff 6/11/18
Paul PariserChair - Till 6/10/18
Cliff Meilman1st Vice Chair
Andrea SackerDirector
Andrew RosenDirector
Bill De BlasioDirector
Carley Graham GarciaDirector
Claude JohnsonDirector
Corey JohnsonDirector
Donna RafteryDirector
Doug EisenbergDirector
Gale BrewerDirector
Gary KlineDirector
Greg GusheeDirector
Jake ElhagayanDirector
Jane CareyDirector
Jeffrey JonesDirector
John WilsonDirector
Josh GlickDirector
Kevin RockeyDirector
Luisella MeloniDirector
Mazdack RassiDirector
Michael AchenbaumDirector
Neil BenderDirector
Pierre DourneauDirector
Scott StringerDirector
Stuart RomanoffDirector
Zach OvertonDirector
Jared EpsteinSecretary
Thomas NakiosTreasurer - Eff. 6/11/18

Highest Paid Contractors

ContractorServicesLocationCompensation
Ace Programs For The HomelessSanitation30-30 NORTHERN BLVD SUITE B100, Long Island City, NY 11101$328,479
Allied UniversalSecurity221 W 36TH ST, New York, NY 10018$239,205
A Bulfamante LandscapingLandscaping68 MARION DRIVE, New Rochelle, NY 10804$111,725
Revenue and Support

Revenue Composition

Contributions and Grants
$268,000
Program Service Revenue
$1,805,341
Investment Income
$13,701
Other Revenue
$28,674
All Other Contributions
$268,000
Change in Net Assets
$212,866

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,115,716
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$28,000
Total Revenue per Audited Statements
$2,143,716
Total Revenue per Form 990
$2,115,716
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,399,404
Salaries, Compensation, and Employee Benefits$503,446
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$770,196$183-$770,379
Other Salaries and Wages$204,289$22,699-$226,988
Current Officers, Directors, Trustees, and Key Employees$190,688$21,187-$211,875
Occupancy$86,354$13,242-$99,596
Information Technology$79,852--$79,852
Office Expenses$5,687$40,201-$45,888
Payroll Taxes$29,160$3,240-$32,400
Insurance-$29,079-$29,079
Other Employee Benefits$19,258$2,139-$21,397
Fees for Services Accounting-$18,673-$18,673
Other Expenses$5,723$11,639-$17,362
Pension Plan Contributions$9,707$1,079-$10,786
Fees for Services Legal-$10,080-$10,080
Fees for Services Lobbying-$1,560-$1,560
Total Functional Expenses$1,727,849$175,001$0$1,902,850

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,930,850
Expenses per Audited Statements$1,902,850
Total Expenses per Form 990$1,902,850
Expenses Not Reported on Form 990$28,000
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
Lobbying activity
Yes
Subject to proxy tax
No
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
No
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

Property owners & commercial tenants are eligible for membership in the organization by filling out a registration card or form and paying dues.

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

Registered members elect the board of directors at the organizations annual meetings.

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

The 990 has been reviewed by a group of persons authorized to review financial and audit matters prior to filing. The final 990 (filed by the irs) will be available at the next meeting of the board for inspection. In addition, upon request of any boardmember, a copy will be provided. If there are any material changes, an amended 990 will be filed.

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

The organization enforces the conflict of interest policy by monitoring known relationships, questionnaires, and noting any changes in disclosed information.

Form 990, Part VI, Section B, Line 15A

This review includes researching guidestar, 990s, ny non-profit network annual salary survey, phone calls to other organizations to collect data.

Form 990, Part VI, Section C, Line 19

Financial statements are available on the organizations website, other documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Meatpacking District Management
EIN
81-0788036
Phone
2126330185
Address
32 GANSEVOORT STREET, NEW YORK, NY 10014

Signing Officer

Name
Lauren B Danziger
Title
Executive Director-2019
Phone
2126330185
Signed
2019-05-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey Lefrancois
Formed
2015
Legal Domicile
Ny
Voting Board Members
30
Independent Board Members
30
Employees
9
Volunteers
0

Preparer

Firm
Skody Scot & Co Cpas Pc
Address
520 EIGHTH AVE SUITE 2200, NEW YORK, NY 10018
Preparer
William Skody
Phone
2129671100
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Outside contractors - sanitation: program service expenses 384,674. Management and general expenses 0. Fundraising expenses 0. Total expenses 384,674. Outside contractors - public safety: program service expenses 221,291. Management and general expenses 0. Fundraising expenses 0. Total expenses 221,291. Outside contractors - marketing: program service expenses 77,515. Management and general expenses 0. Fundraising expenses 0. Total expenses 77,515. Outside contractors - public improvement: program service expenses 28,026. Management and general expenses 0. Fundraising expenses 0. Total expenses 28,026. Other professional fees: program service expenses 58,690. Management and general expenses 183. Fundraising expenses 0. Total expenses 58,873.

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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/Form990PartVIISectionAGrp/PersonNm6JARED EPSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm7JOSH GLICK
IRS990/Form990PartVIISectionAGrp/PersonNm8CARLEY GRAHAM GARCIA
IRS990/Form990PartVIISectionAGrp/PersonNm9GREG GUSHEE
IRS990/Form990PartVIISectionAGrp/PersonNm10JONATHAN IGER
IRS990/Form990PartVIISectionAGrp/PersonNm11CLAUDE JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm12JEFFREY JONES
IRS990/Form990PartVIISectionAGrp/PersonNm13GARY KLINE
IRS990/Form990PartVIISectionAGrp/PersonNm14CLIFF MEILMAN
IRS990/Form990PartVIISectionAGrp/PersonNm15LUISELLA MELONI
IRS990/Form990PartVIISectionAGrp/PersonNm16THOMAS NAKIOS
IRS990/Form990PartVIISectionAGrp/PersonNm17ZACH OVERTON
IRS990/Form990PartVIISectionAGrp/PersonNm18PAUL PARISER
IRS990/Form990PartVIISectionAGrp/PersonNm19DONNA RAFTERY
IRS990/Form990PartVIISectionAGrp/PersonNm20MAZDACK RASSI
IRS990/Form990PartVIISectionAGrp/PersonNm21KEVIN ROCKEY
IRS990/Form990PartVIISectionAGrp/PersonNm22STUART ROMANOFF
IRS990/Form990PartVIISectionAGrp/PersonNm23ANDREW ROSEN
IRS990/Form990PartVIISectionAGrp/PersonNm24ANDREA SACKER
IRS990/Form990PartVIISectionAGrp/PersonNm25JOHN WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm26SCOTT STRINGER
IRS990/Form990PartVIISectionAGrp/PersonNm27GALE BREWER
IRS990/Form990PartVIISectionAGrp/PersonNm28COREY JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm29BILL DE BLASIO
IRS990/Form990PartVIISectionAGrp/PersonNm30LAUREN B DANZIGER
IRS990/Form990PartVIISectionAGrp/PersonNm31JEFFREY LEFRANCOIS
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt290
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt310
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHAIR - EFF 6/11/18
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt141ST VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16TREASURER - EFF. 6/11/18
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18CHAIR - TILL 6/10/18
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30EXECUTIVE DIRECTOR-2018
IRS990/Form990PartVIISectionAGrp/TitleTxt31EXECUTIVE DIRECTOR-2019
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02015
IRS990/FormerOfcrEmployeesListedInd00
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt030
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02115716
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt030
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt079852
IRS990/InformationTechnologyGrp/TotalAmt079852
IRS990/InsuranceGrp/ManagementAndGeneralAmt029079
IRS990/InsuranceGrp/TotalAmt029079
IRS990/InvestmentIncomeGrp/ExclusionAmt013701
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt013701
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt016
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION PROVIDES SUPPLEMENTAL SANITATION, PUBLIC SAFETY, STREETSCAPE IMPROVEMENT, VISITOR INFORMATION AND COMMERCIAL SUPPORT SERVICES TO PROPERTY OWNERS, BUSINESSES AND RESIDENTS OF AN AREA ESTABLISHED AS A BUSINESS IMPROVEMENT DISTRICT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01029505
IRS990/NetAssetsOrFundBalancesEOYAmt01242371
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt013242
IRS990/OccupancyGrp/ProgramServicesAmt086354
IRS990/OccupancyGrp/TotalAmt099596
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt040201
IRS990/OfficeExpensesGrp/ProgramServicesAmt05687
IRS990/OfficeExpensesGrp/TotalAmt045888
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt022244
IRS990/OtherAssetsTotalGrp/EOYAmt015769
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02139
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt019258
IRS990/OtherEmployeeBenefitsGrp/TotalAmt021397
IRS990/OtherExpensesGrp/Desc0LANDSCAPING
IRS990/OtherExpensesGrp/Desc1PRINTING AND DESIGN
IRS990/OtherExpensesGrp/Desc2PROJECT EXPENSES
IRS990/OtherExpensesGrp/Desc3TRAVEL & MEETINGS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011639
IRS990/OtherExpensesGrp/ProgramServicesAmt0127445
IRS990/OtherExpensesGrp/ProgramServicesAmt1105276

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