Overview
What is Union Station Redevelopment Corporation?
Union Station Redevelopment Corporation (USRC) is a Washington, D.C.-based nonprofit organization, with an address at 750 First Street NE, 1010. Their primary mission, overseen by the Board of Directors, involves managing and preserving the renovated and redeveloped facilities of Union Station in Washington, D.C. This includes the management of development leases, garage leases, and ensuring the proper maintenance of the station's unique historical features. USRC is also responsible for overseeing and managing all capital improvements for the garage, as well as protecting the federal government's interest in the property. This charitable organization, with a workforce of eight employees, was reclassified as a tax-exempt organization under IRC Section 501(c)(3) on July 22, 2004.
Official website here: www.usrcdc.com
Is Union Station Redevelopment Corporation legitimate?
Union Station Redevelopment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Union Station Redevelopment Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $554,172
Professional Fundraising Fees: $0
Other Salaries and Wages: $418,407
For more financial information, click here
Official website here: www.usrcdc.com
What is the mission statement of Union Station Redevelopment Corporation?
The Union Station Redevelopment Corporation (USRC) is entrusted with the management of renovated and redeveloped facilities at a major station complex. As directed by its board, the corporation's responsibilities encompass managing lease agreements, overseeing garage leases, ensuring proper maintenance of the historical features, supervising all capital improvements for the garage, and safeguarding the federal government's interest in the property. In essence, USRC plays a crucial role in maintaining the station's overall condition and functionality.
Official website here: www.usrcdc.com
Who is the CEO of Union Station Redevelopment Corporation?
Doug Carr is the President And Ceo (Beg 08/2022) of Union Station Redevelopment Corporation. The CEO's salary of Union Station Redevelopment Corporation is $0 and their total compensation is $0.
Official website here: www.usrcdc.com
What is the revenue of Union Station Redevelopment Corporation?
Union Station Redevelopment Corporation's revenue in 2022 was $13,205,501.
Official website here: www.usrcdc.com
Who are the executives of Union Station Redevelopment Corporation and what are their salaries?
The average compensation at Union Station Redevelopment Corporation during 2022 was $121,572. There are 8 employees and 6 volunteers at Union Station Redevelopment Corporation.
Here are 12 key members and their salaries (Union Station Redevelopment Corporation's CEO's salary is $0 and their total compensation is $0):
- Beverley K Swaim-Staley (President And Ceo (Thru 07/2022))
- Nzinga Bryant (Vp & Director, Finance (Thru 11/2021))
- Kevin Forma (Program Manager (Thru 08/2022))
- Cody Zaccagnino (Program Manager)
- Sarah Mayersohn (Program Manager)
- Polly Trottenberg (Chairman) [Trustee/Director]
- Dennis Newman (Vice Chairman) [Trustee/Director]
- Maura Brophy (Director)
- Sharon Carney (Director)
- Dianna Lopez (Director)
- Rebecca Reyes-Alicea (Director)
- Doug Carr (President And Ceo (Beg 08/2022))
Official website here: www.usrcdc.com
Where can I find the form 990 for Union Station Redevelopment Corporation?
The Union Station Redevelopment Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.usrcdc.com
Learn more at the official website: www.usrcdc.com
Mission Statement of Union Station Redevelopment Corporation
Union Station Redevelopment Corporation (USRC) is a dedicated organization tasked with the management of the renovated and redeveloped facilities of Washington, D.C.'s historic Union Station. As mandated by its board of directors, USRC's oversight responsibilities encompass various aspects of the station complex.
First and foremost, USRC manages the station development lease. This role involves ensuring that the station is maintained to the highest standard, providing a welcoming and functional space for visitors and commuters alike. USRC's responsibilities extend to the garage lease as well. Here, the organization guarantees proper maintenance and ensures the smooth operation of the garage, catering to the transportation needs of the station's patrons.
Moreover, USRC is committed to preserving Union Station's unique historical features. The organization understands the significance of these characteristics and works diligently to protect and maintain them, adding to the station's historical charm and appeal.
Additionally, USRC is responsible for overseeing and managing all capital improvements for the garage. This includes planning, implementation, and execution of projects aimed at enhancing the garage's infrastructure and overall functionality. The organization's primary objective is to protect the federal government's interest in the property, maintaining its value and ensuring its long-term sustainability.
Impact
This information is meant to be a general summary of Union Station Redevelopment Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Union Station Redevelopment Corporation plays a crucial role in the management and preservation of the historic Union Station in Washington, DC. They oversee the development and maintenance of the station complex, ensuring the proper care of its unique historical features. Additionally, they manage leases, capital improvements, and protect the interests of the federal government in the property. By fulfilling these responsibilities, the Union Station Redevelopment Corporation contributes to the continued vitality and relevance of Union Station as a key transportation hub in the nation's capital.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
USI SHOPS/OFFICE RENT
Revenue
$6,998,165
PARKING GARAGE RENT
Revenue
$4,607,701
USI LEASEHOLD IMPROVEMENTS
Revenue
$1,257,671
USI TOUR REVENUE
Revenue
$2,343
Organization Details
Founding Year
1983
Phone
(202) 222-0271
Principal Officer
Doug Carr
Main Address
750 FIRST STREET NE 1010, WASHINGTON, DC, 20002
Website
www.usrcdc.com
NTEE Category
Code: W20 - Public benefit
If you are a representative of Union Station Redevelopment Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.