NonprofitsGolden Triangle Bid Corporation

Golden Triangle Bid Corporation

WASHINGTON, DC

Total revenue

$8.0M

Total expenses

$7.3M

Net assets

$9.7M

Grants received

EIN

522057370

Tax year

2023

Mission

To provide a clean, safe, vibrant neighborhood and to retain and attract businesses.

Programs

5 programs

Safety, continuity, and outreach - the bid works in partnership with local social service providers to help transition homeless individuals into housing and to provide necessary services. Safety specialists have been added to create a safety presence, build relationships with properties and retailers, and report and respond to incidents.

Expenses: $1.0M

Public space improvements - the organization works with local and federal agencies to improve the public spaces of the golden triangle through public art, landscaping, rain gardens, and street furniture. The bid obtains grants to fund purchases where possible. The organization purchases physical improvements and deploys them throughout the bid. Physical improvement expenditures are expensed as incurred. The bid does not own or use these assets in its operations; rather, they are provided for the benefit of the general public inside the bid zone.

Expenses: $1.1M

Community activities and recovery efforts - the organization works to provide various public services to the constituents of the bid, including indoor and outdoor events, exercise classes, emergency preparedness initiatives, and other programs. The bid also helps local, regional, and national retail businesses find the perfect downtown location. As economic recovery continues in the neighborhood, the bid is working with the dc government to develop a plan that reimagines the downtown and sets forward an implementation plan. The bid has also taken a more active role in marketing the neighborhood, activating public spaces to attract workers and visitors, and bringing in art initiatives.

Expenses: $1.0M

Marketing and communications - the bid works to convey a public image of the district of columbia as a safe, clean, attractive, and world-class destination for businesses. As well as for government institutions and tourism. The goal is to communicate the diversity and vitality of the golden triangle bid area, attract tenants, encourage a return to office and to support businesses.

Expenses: $431K

Innovation district - the bid works with george washington university, washington d.c. Government, washington d.c. Economic partnership ("wdcep"), and other partners to create an innovation district within the golden triangle boundaries. The innovation district is built off the existing presence of three key tech sectors in medtech, govtech, and edtech while focusing on the broader themes of equity, social innovation and digital engagement.

Expenses: $318K

Financials

FY 2023

Revenue

Contributions & grants$934K
Program service revenue$6.6M
Investment income$476K
Other revenue
Total revenue$8.0M

Expenses

Grants paid
Salaries & benefits$2.6M
Fundraising
Other expenses$4.6M
Total expenses$7.3M
Total assets$14.8M
Net assets$9.7M

People

25 listed

NameRoleCompensation

OLIVER CARR

BOARD OF DIRECTOR MEMBER

Board

1 hrs/wk

KATHRYN CLEMENT

BOARD OF DIRECTOR MEMBER

Board

1 hrs/wk

GARY COHEN

BOARD OF DIRECTOR MEMBER

Board

1 hrs/wk

JEN CORREALE

BOARD OF DIRECTOR MEMBER

Board

1 hrs/wk

BILL FEEKS

BOARD OF DIRECTOR MEMBER

Board

1 hrs/wk

SCOTT MEAD

BOARD OF DIRECTOR MEMBER

Board

1 hrs/wk

FRANCISCO GONZALEZ

BOARD OF DIRECTOR MEMBER

Board

1 hrs/wk

OWEN BILLMAN

CHAIR OF THE BOARD

Board

1 hrs/wk

APRIL RICHARDSON

BOARD OF DIRECTOR MEMBER

Board

1 hrs/wk

JAMES RICH

BOARD OF DIRECTOR MEMBER

Board

1 hrs/wk

TANYA SEYFERT

BOARD OF DIRECTOR MEMBER

Board

1 hrs/wk

DAVID TONEY

BOARD OF DIRECTOR MEMBER

Board

1 hrs/wk

JEFFREY C UTZ

BOARD OF DIRECTOR MEMBER

Board

1 hrs/wk

SEAN WARFIELD

BOARD OF DIRECTOR MEMBER

Board

1 hrs/wk

JUSTIN WALLER

BOARD OF DIRECTOR MEMBER

Board

1 hrs/wk

ERIC POSNER

BOARD OF DIRECTOR MEMBER

Board

1 hrs/wk

NICOLAS BELIARD

BOARD OF DIRECTOR MEMBER

Board

1 hrs/wk

AMY BOWSER

BOARD OF DIRECTOR MEMBER

Board

1 hrs/wk

JAMES E BRAWNER

BOARD OF DIRECTOR MEMBER

Board

1 hrs/wk

DAVID BUENO

BOARD OF DIRECTOR MEMBER

Board

1 hrs/wk

LEONA AGOURIDIS

PRESIDENT/CEO

Staff

$394K

40 hrs/wk

JOHN POWELL

CHIEF OF STAFF

Staff

$153K

40 hrs/wk

DREW JUBERT

VICE PRESIDENT

Staff

$145K

40 hrs/wk

MICHAEL MANETTI

DIRECTOR OF SECURITY & EME

Staff

$110K

40 hrs/wk

WARD A HUFF

ASSOCIATE DIRECTOR, MEMBER

Staff

$109K

40 hrs/wk

Independent contractors

BLOCK BY BLOCK

AMBASSADOR SERVICES

$1.8M

PATHWAYS TO HOUSING DC

SAFETY, CONTINUITY & HOMELESS OUTREACH

$224K

S3DC LLC

CONSULTING SERVICES

$195K

VALERIE THEBERGE

DESIGNING SERVICES

$120K

ELIZABETH YODER LLC

TALENT RECRUITER

$109K

Details

EIN522057370
Subsection06
Ruling date1998-04
Formed1997
Employees21
Volunteers0
GOLDEN TRIANGLE BID CORPORATION — Mission, Financials & Grants Received | Grantivo