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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Downtown Business Improvement District Corporation

Downtown Business Improvement District Corporation

Fiscal year ending 2024. Filed on August 13, 2025.

1275 K Street NW 1000
Washington, District of Columbia 20005

Downtown Business Improvement District Corporation (EIN: 52-2053279) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Downtown Business Improvement District Corporation, a 501(c)(6) business league, reported compensation for 5 out of 56 total employees. Among the employees shown here, the average compensation is $230,143. The highest compensated employee at Downtown Business Improvement District Corporation is Gerren Price with fiscal year 2024 compensation of $335,316.

Revenue, expenses, and employee compensation

Revenue

$14,739,967

Expenses

$15,824,007

Employee compensation

$3,849,418
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Gerren Price
President and Chief Executive Officer
$335,316
$300,054 No related comp$35,262
Nabavi Oliver
Administration Director
$256,064
$223,712 No related comp$32,352
Gerard Widdicombe
Chief Financial Officer
$231,170
$208,327 No related comp$22,843
Lulu Liu
Controller
$180,288
$148,599 No related comp$31,689
Ella Faulkner
Vice President of Planning and Economic DEV
$147,877
$136,923 No related comp$10,954

Benchmark Employee Compensation

Non-Employee Board Members

Aileen Fuchs
Board Member
Angie Gates
Board Member
Ann Chisholm
Board Member
Brian Grant
Board Member
Chase Rynd
Former Chair
Chris Mundy
Treasurer
D'Juan O'Donald
Board Member
Dean Violagis
Board Member
Ida Polite
Board Member
Jeffrey Bank
Board Member
John McDonnell
Board Member
Jr Meyers
Board Member

Mission Statement

TO ENHANCE THE ECONOMIC VITALITY OF THE MEMBERS OF THE DOWNTOWN BID AREA BY PROVIDING ADDITIONAL SAFETY AND MAINTENANCE SERVICES, AND OTHER SERVICES.

Revisions to this organization profile

August 13, 2025:
2024 Downtown Business Improvement District Corporation 990 filed
August 13, 2024:
2023 Downtown Business Improvement District Corporation 990 filed
August 14, 2023:
2022 Downtown Business Improvement District Corporation 990 filed

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