PORTALS PUBLIC IMPROVEMENTS ASSOCIATION

Address
1201 Maryland Ave SW Suite STE 850
Washington, DC 20024
Contact
Phone: +1 (202) 552-5300
Nonprofit
NTEE: C50 - Environmental Beautification and Aesthetics
EIN: 52-1675423

Mission

THE ASSOCIATION FUNCTIONS TO PROVIDE FOR THE MAINTENANCE OF THE PUBLIC IMPROVEMENTS COVERED BY THE DECLARATION OF EASEMENTS AND COVENANTS OF THE PORTALS RECORDED IN THE LAND RECORDS OF THE DISTRICT OF COLUMBIA ON JUNE 29, 1989 LOCATED IN SOUTHWEST WASHINGTON, DC.
 20162015201420132012
Basic features of the organization
Year of formation1989
Metropolitan statistical area8872
Form of organization
CorporationTrue
TrustTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$0.00$0.00$0.00$0.00 
Sum of reportable (W2/1099) compensation$0.00$0.00   
Number of employees0000 
Number of people compensated >$100k0000 
Number of highly compensated contractors0000 
Personnel
Cantrell, George
TitleTREASURERTREASURERTREASURER  
Name of key/compensated personGEORGE W CANTRELLGeorge W CantrellGeorge W Cantrell  
Position of compensated person
Current individual trustee or directorTrueTrue   
Current officerTrueTrueTrue  
Average hours per week working for org4.02.0   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Average hours per week working for related orgs0.0    
Grigg, Steven
TitlePRESIDENTPRESIDENTPRESIDENTVP/SEC 
Name of key/compensated personSTEVEN A GRIGGSTEVEN A GRIGGSTEVEN A GRIGGSTEVEN A GRIGG 
Position of compensated person
Current individual trustee or directorTrueTrue   
Current officerTrueTrueTrueTrue 
Average hours per week working for org0.52.0   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Average hours per week working for related orgs0.0    
Haney, Franklin
TitleDirectorDirectorDirectorDirector 
Name of key/compensated personFranklin L HaneyFranklin L HaneyFranklin L HaneyFranklin L Haney 
Position of compensated person
Current individual trustee or directorTrueTrue   
Current officer  TrueTrue 
Average hours per week working for org0.10.1   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Average hours per week working for related orgs0.0    
Kramer, Richard
TitleVP/SECVP/SECVP/SECPRESIDENT 
Name of key/compensated personRICHARD L KRAMERRICHARD L KRAMERRICHARD L KRAMERRICHARD L KRAMER 
Position of compensated person
Current individual trustee or directorTrueTrue   
Current officerTrueTrueTrueTrue 
Average hours per week working for org0.10.1   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Average hours per week working for related orgs0.0    
Peter, David
Title   TREASURER 
Name of key/compensated person   DAVID L PETER 
Position of compensated person
Current officer   True 
Purpose: mission, activities, & accomplishments
Mission or significant activitiesPLEASE SEE SCHEDULE OPLEASE SEE SCHEDULE OPLEASE SEE FOOTNOTE 2PLEASE SEE FOOTNOTE 2 
Program service expenses, total$382,192.00$309,280.00$345,561.00$284,849.00 
Programs, including revenue & expenses
THE ASSOCIATION PROVIDED FOR THE MAINTENANCE OF THE MARYLAND AVENUE IMPROVEMENTS, TWO PEDESTRIAN PLAZAS, A PEDESTRIAN BRIDGE, AND A STRUCTURE ENCLOSING THE RAILROAD TRACKS.
Program expenses$382,192.00$309,280.00$345,561.00$284,849.00 
Program descriptionTHE ASSOCIATION PROVIDED FOR THE MAINTENANCE OF THE MARYLAND AVENUE IMPROVEMENTS, TWO PEDESTRIAN PLAZAS, A PEDESTRIAN BRIDGE, AND A STRUCTURE ENCLOSING THE RAILROAD TRACKS.THE ASSOCIATION PROVIDED FOR THE MAINTENANCE OF THE MARYLAND AVENUE IMPROVEMENTS, TWO PEDESTRIAN PLAZAS, A PEDESTRIAN BRIDGE, AND A STRUCTURE ENCLOSING THE RAILROAD TRACKS.TO PROVIDE FOR THE MAINTENANCE OF THE MARYLAND AVENUE IMPROVEMENTS, TWO PEDESTRIAN PLAZAS, A PEDESTRIAN BRIDGE, AND A STRUCTURE ENCLOSING THE RAILROAD TRACKS.TO PROVIDE FOR THE MAINTENANCE OF THE MARYLAND AVENUE IMPROVEMENTS, TWO PEDESTRIAN PLAZAS, A PEDESTRIAN BRIDGE, AND A STRUCTURE ENCLOSING THE RAILROAD TRACKS. 
Financial data
Revenue
Total revenue$720,915.00$685,784.00$638,801.00$624,937.00 
Revenue from contributions (total)$0.00$0.00$0.00$0.00$0.00
Investment income, current yr$9,015.00$7,088.00$6,305.00$7,021.00 
Total revenue from grants, etc., current yr$0.00$0.00$0.00$0.00 
Total unrelated business revenue$0.00$0.00$0.00$0.00 
Other revenue, current yr$0.00$0.00$0.00$0.00 
Program service revenue (total)$711,900.00$678,696.00$632,496.00$617,916.00$588,444.00
Gross receipts$720,915.00$685,784.00$638,801.00$624,937.00 
Other types of revenue
Royalties (total)$0.00$0.00$0.00$0.00 
Miscellaneous revenue (total)$0.00$0.00$0.00$0.00 
Net revenue from gaming (total)$0.00$0.00$0.00$0.00 
Income from dividends, interest, and similar investments$9,015.00$7,088.00$6,305.00$7,021.00 
Net rental income$0.00$0.00$0.00$0.00$0.00
Net income from fundraising events$0.00$0.00$0.00$0.00 
Net inventory sales (total)$0.00$0.00$0.00$0.00 
Expense categories (totals)
Total functional expenses: sum of all$389,392.00$316,480.00$352,761.00$292,049.00 
Total functional expenses: program service $382,192.00$309,280.00$345,561.00$284,849.00 
Total functional expenses: management and general$7,200.00$7,200.00$7,200.00$7,200.00 
Total functional expenses: fundraising$0.00$0.00$0.00$0.00 
Fees for services
Lobbying fees (total)$0.00$0.00$0.00$0.00 
Legal fees (total)$0.00$5,952.00$31,456.00$295.00 
Fundraising service fees (total)$0.00$0.00$0.00$0.00 
General management fees (total)$7,200.00$7,200.00$7,200.00$7,200.00 
Investment management fees (total)$0.00$0.00$0.00$0.00 
Assets and liabilities
Total assets$6,052,962.00$5,710,044.00$5,341,620.00$5,054,706.00$4,714,148.00
Total assets, beginning of year$5,710,044.00$5,341,620.00$5,054,706.00$4,714,148.00 
Total liabilities$27,780.00$16,385.00$17,265.00$16,391.00$8,721.00
Total liabilities, beginning of year$16,385.00$17,265.00$16,391.00$8,721.00 
Pledges & accounts receivable, net$0.00$0.00$0.00$0.00 
Loans & receivables from key persons$0.00$0.00$0.00$0.00 
Net assets$6,025,182.00$5,693,659.00$5,324,355.00$5,038,315.00 
Net assets, beginning of year$5,693,659.00$5,324,355.00$5,038,315.00$4,705,427.00 
Other liabilities$0.00$0.00$0.00$0.00 
Bond liabilities$0.00$0.00$0.00$0.00 
Intangible assets$0.00$0.00$0.00$0.00 
Other assets$0.00$0.00$0.00$0.00 
Investments: other securities$0.00$0.00$0.00$0.00 
Investments: publicly traded securities$0.00$0.00$0.00$0.00 
Cash: non-interest bearing$0.00$0.00$0.00$0.00 
Cash: non-interest bearing, beginning of year$0.00$0.00$0.00$0.00 
Investments -- program-related$0.00$0.00$0.00$0.00 
Escrow or custodial account liability$0.00$0.00$0.00$0.00 
Loans and other payables to key persons$0.00$0.00$0.00$0.00 
Grants payable$0.00$0.00$0.00$0.00 
Inventories for sale or use$0.00$0.00$0.00$0.00 
Other financial variables
Revenue less expenses$331,523.00$369,304.00$286,040.00$332,888.00 
Advertising (total)$0.00$2,683.00$0.00$0.00 
Savings & temp cash investment$6,050,886.00$5,710,044.00$5,341,620.00$5,054,706.00 
Accounts receivable, net$0.00$0.00$0.00$0.00 
Prepaid expenses & deferred charges$0.00$0.00$0.00$0.00 
Accounts payable & accrued expenses$27,780.00$16,385.00$17,265.00$16,391.00 
Deferred revenue$0.00$0.00$0.00$0.00 
Unsecured notes & loans to unrelated parties$0.00$0.00$0.00$0.00 
Secured mortgages and notes payable$0.00$0.00$0.00$0.00 
Total net assets or fund balances$6,025,182.00$5,693,659.00$5,324,355.00$5,038,315.00 
Depreciation, depletion, amortization$77.00$0.00$0.00$0.00 
Payment to affiliates$0.00$0.00$0.00$0.00 
Governance and accountability
Number of voting members4444 
Number of independent voting members4444 
Relationships among key personnelTrueTrueTrueTrue 
Accrual accountingTrueTrueTrueTrue 
Tax year start date2016-01-012015-01-012014-01-012013-01-01 
Tax year end date2016-12-012015-12-012014-12-012013-12-012012-12-01
Indicators for schedules (selected)
Business transaction with employee  TrueTrue 
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990 
Reason for form submission
Address changeTrue    
Date e-filing submitted2017-10-022016-10-112015-08-062014-09-30 
IRS schema version2016v3.02015v2.12014v5.02013v3.1 
Filing identifier201741319349304004201631559349300138201541349349306004201431279349301368 
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