DOWNTOWN BID SERVICES CORPORATION

EIN: 522198151 Community Improvement

WASHINGTON, DC

Total Revenue
$5,793,989
Total Expenses
$5,634,874
Total Assets
$504,713
Net Assets
$311,171
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
DC
Principal Officer
GERREN PRICE
Phone
2026383232
Tax Period
2024-10-01 to 2025-09-30

DOWNTOWN BID SERVICES CORPORATION, founded in 1996, is a community nonprofit in the Community Improvement sector that reported $5.8M in total revenue in fiscal year 2024.

Mission

THE CORPORATION'S PURPOSE IS TO MAKE DOWNTOWN WASHINGTON DC A CLEANER, SAFER AND MORE ATTRACTIVE AREA, AND THEREBY TO PROMOTE THE COMMON INTEREST OF AREA BUSINESSES, BY ENGAGING IN THE EMPLOYMENT AND MANAGEMENT OF SAFETY, HOSPITALITY, CLEANING AND MAINTENANCE WORKERS. THESE WORKERS PROVIDE SERVICES TO IMPROVE BUSINESS CONDITIONS IN THE DOWNTOWN AREA OF THE DISTRICT OF COLUMBIA, PARTICULARLY THE DOWNTOWN BID AREA.

Program Service Accomplishments

Program 1

THE CORPORATION PROVIDES DAILY LITTER PATROL, SWEEPING IN PUBLIC SPACES, BANNER HANGING TO HIGHLIGHT EVENTS IN THE AREA AND PLANTING AND BEAUTIFICATION OF PUBLIC SPACES, AND GRAFFITI REMOVAL. THE...

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THE CORPORATION PROVIDES DAILY LITTER PATROL, SWEEPING IN PUBLIC SPACES, BANNER HANGING TO HIGHLIGHT EVENTS IN THE AREA AND PLANTING AND BEAUTIFICATION OF PUBLIC SPACES, AND GRAFFITI REMOVAL. THE CORPORATION PROVIDED MACHINE CLEANING OF SIDEWALK AND CURB AREAS AND REPORTED HAZARDS, DEFECTS AND REPAIRS NEEDED ON PUBLIC SPACES. IT PROVIDED PRESENCE NEAR METRO STOPS AND SPECIAL EVENTS AND DETERRED AND REPORTED PROBLEMS, EMERGENCIES, OR ACTIVITIES REQUIRING POLICE OR FIRE/RESCUE RESPONSE. IT PROVIDED ESCORTED SERVICES UPON REQUEST DURING EVENING HOURS AND REFERRED SERVICES FOR PERSONS LIVING ON THE STREET. LASTLY, IT PROVIDED SURVEYS OF RETAIL, RESTAURANT AND OTHER SERVICES AVAILABLE IN THE AREA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,793,989
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $5,793,989

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,179,977
Fundraising Expenses $0
Other Expenses $1,454,897
TOTAL EXPENSES $5,634,874

Year-over-Year Comparison

2024 2023 Change
Revenue $5,793,989 $5,695,363 +0.0%
Expenses $5,634,874 $5,804,456 0.0%
Net Income $159,115 $-109,093 -2.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
35
Independent Members
34
Employees
87
Volunteers
20

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$613,699
Total Directors
36
$382,504
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GERREN PRICE PRESIDENT AND CEO 1.00
Officer Director
$0 $52,504 $382,504
MICHAEL MCCARTHY CHAIRMAN 1.00
Officer Director
$0 $0 $0
KINGDON GOULD III PAST CHAIR 1.00
Director
$0 $0 $0
MATTHEW KLEIN PAST CHAIR 1.00
Director
$0 $0 $0
CHRIS MUNDY TREASURER 1.00
Officer Director
$0 $0 $0
SHANTELLE GEORGE SECRETARY 1.00
Officer Director
$0 $0 $0
SCOTT FRISCH BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
ANN CHISHOLM BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
ROBERT HOFFMAN BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
JON DAVENHALL BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
LAMONT AKINS BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
BRIAN GRANT BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
KATHLEEN MELVILLE BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
DEAN VIOLAGIS BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
SHERRY ABEDI BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
KIMBERLY DOUGLAS BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
AILEEN FUCHS BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
JEFFREY BANK BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
ANGIE GATES BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
KENNETH SCHWARTZ BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
KIM SAJET BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
MARISA GERLA BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
MARSHALL MCNAIR BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
CRISPUS GORDON BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
NORMAN JEMAL BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
PAUL R TETREAULT BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
KEVIN TIEN BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
PETER OTTENI BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
REVDRIANTHER MILLS BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
ROBIN MCCLAIN BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
THOMAS E FINAN BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
D'JUAN O'DONALD BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
WALLACE MLYNIEC BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
YENI WONG BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
JOHN MCDONNELL BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
IDA POLITE BOARD OF DIRECTOR MEMBER 1.00
Director
$0 $0 $0
GERARD WIDDICOMBE CHIEF FINANCIAL OFFICER 1.00
Officer
$0 $24,219 $231,195
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $5,793,989 $5,634,874 $504,713 $159,115
2024 $5,695,363 $5,804,456 $557,525 $-109,093
2023 $4,530,000 $4,648,270 $1,017,364 $-118,270
2022 $4,628,726 $4,907,095 $975,422 $-278,369
2021 $5,105,000 $4,673,691 $867,702 $431,309
2020 $4,510,000 $4,463,341 $243,103 $46,659
2019 $5,502,460 $5,370,363 $392,845 $132,097
2018 $5,399,954 $5,401,388 $267,576 $-1,434
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