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Lincoln Road Business Improvement District Inc

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Category: Community Improvement, Capacity Building / Promotion of Business (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$1.54M (2023)

Expenses
$1.63M (2023)

Total Assets
$998k (2023)

Total Liabilities
$87.5k (2023)

Source: Form 990 tax filings from 2016 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,542,952
Expenses
$1,628,650
Net Income
-$85,698
Net Assets
$910,096
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,382,736
89.6%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $160,216
10.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $150,000
9.2%
Professional Fundraising Fees $0
Other Salaries and Wages $62,760
3.9%
Assets/Debt
Total Assets $997,562
Total Liabilities $87,466
Net Assets $910,096
Compensation
Key Employees and Officers Compensation Related Other
Lyle Stern (President) $150,000 $0 $0
Albert Cohen (Director) $0 $0 $0
Greg Galy (Director) $0 $0 $0
David Herzberg (Director) $0 $0 $0
Alan Khoudari (Treasurer) $0 $0 $0
Anabel Llopis (Executive Di) $0 $0 $0
Andrew Rosenberg (Director) $0 $0 $0
Peter Saliamonas (Director) $0 $0 $0
Mel Schlesser (Director) $0 $0 $0
Howard Herring (Secretary) $0 $0 $0
Mindy Mcilroy (Vice Preside) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,607,678
Expenses
$1,325,379
Net Income
$282,299
Net Assets
$1,027,679
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,443,740
89.8%
Investment Income $2,440
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $161,498
10.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $119,805
9.0%
Professional Fundraising Fees $0
Other Salaries and Wages $57,756
4.4%
Assets/Debt
Total Assets $1,166,734
Total Liabilities $139,055
Net Assets $1,027,679
Compensation
Key Employees and Officers Compensation Related Other
Anabel Llopis (Executive Di) $119,805 $0 $0
Albert Cohen (Director) $0 $0 $0
Greg Galy (Director) $0 $0 $0
David Herzberg (Director) $0 $0 $0
Alan Khoudari (Treasurer) $0 $0 $0
Andrew Rosenberg (Director) $0 $0 $0
Peter Saliamonas (Director) $0 $0 $0
Mel Schlesser (Director) $0 $0 $0
Howard Herring (Secretary) $0 $0 $0
Mindy Mcilroy (Vice Preside) $0 $0 $0
Lyle Stern (President) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,621,024
Expenses
$1,514,537
Net Income
$106,487
Net Assets
$713,490
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,458,321
90.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $162,703
10.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $117,201
7.7%
Professional Fundraising Fees $0
Other Salaries and Wages $58,947
3.9%
Assets/Debt
Total Assets $788,523
Total Liabilities $75,033
Net Assets $713,490
Compensation
Key Employees and Officers Compensation Related Other
Timothy Schmand (Executive Di) $117,201 $0 $0
Glen Boyer (Treasurer) $0 $0 $0
Albert Cohen (Director) $0 $0 $0
Greg Galy (Director) $0 $0 $0
David Herzberg (Director) $0 $0 $0
Alan Khoudari (Director) $0 $0 $0
Andrew Rosenberg (Director) $0 $0 $0
Peter Saliamonas (Director) $0 $0 $0
Mel Schlesser (Director) $0 $0 $0
Howard Herring (Secretary) $0 $0 $0
Mindy Mcilroy (Vice Preside) $0 $0 $0
Lyle Stern (President) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,575,231
Expenses
$1,392,455
Net Income
$182,776
Net Assets
$607,003
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,432,235
90.9%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $142,996
9.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $127,200
9.1%
Professional Fundraising Fees $0
Other Salaries and Wages $57,895
4.2%
Assets/Debt
Total Assets $613,978
Total Liabilities $6,975
Net Assets $607,003
Compensation
Key Employees and Officers Compensation Related Other
Timothy Schmand (Executive Di) $127,200 $0 $0
Glen Boyer (Board Member) $0 $0 $0
Ben Brody (Member At La) $0 $0 $0
Albert Cohen (Board Member) $0 $0 $0
Thelma Deutsch (Board Member) $0 $0 $0
David Herzberg (Board Member) $0 $0 $0
Mel Schlesser (Board Member) $0 $0 $0
David Tornek (Board Member) $0 $0 $0
Steven Gombinski (President) $0 $0 $0
Howard Herring (Secretary) $0 $0 $0
Mindy Mcilroy (Treasurer) $0 $0 $0
Lyle Stern (Vice Preside) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,592,655
Expenses
$1,595,038
Net Income
-$2,383
Net Assets
$424,227
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,432,655
90.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $160,000
10.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $116,196
7.3%
Professional Fundraising Fees $0
Other Salaries and Wages $51,773
3.2%
Assets/Debt
Total Assets $445,444
Total Liabilities $21,217
Net Assets $424,227
Compensation
Key Employees and Officers Compensation Related Other
Timothy Schmand (Executive Di) $116,196 $0 $0
Ben Brody (Member At La) $0 $0 $0
Thelma Deutsch (Board Member) $0 $0 $0
David Tornek (Board Member) $0 $0 $0
Albert Cohen (Board Member) $0 $0 $0
David Herzberg (Board Member) $0 $0 $0
Mel Schlesser (Board Member) $0 $0 $0
Glen Boyer (Board Member) $0 $0 $0
Steven Gombinski (President) $0 $0 $0
Lyle Stern (Vice Preside) $0 $0 $0
Mindy Mcilroy (Treasurer) $0 $0 $0
Howard Herring (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,586,069
Expenses
$1,567,591
Net Income
$18,478
Net Assets
$426,610
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,426,069
89.9%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $160,000
10.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $109,742
7.0%
Professional Fundraising Fees $0
Other Salaries and Wages $45,000
2.9%
Assets/Debt
Total Assets $457,227
Total Liabilities $30,617
Net Assets $426,610
Compensation
Key Employees and Officers Compensation Related Other
Timothy Schmand (Executive Di) $109,742 $0 $0
Ben Brody (Member At La) $0 $0 $0
Thelma Deutsch (Board Member) $0 $0 $0
David Tornek (Board Member) $0 $0 $0
Albert Cohen (Board Member) $0 $0 $0
David Herzberg (Board Member) $0 $0 $0
Mel Schlesser (Board Member) $0 $0 $0
Glen Boyer (Board Member) $0 $0 $0
Steven Gombinski (President) $0 $0 $0
Lyle Stern (Vice Preside) $0 $0 $0
Ozzie Dominguez (Treasurer) $0 $0 $0
Howard Herring (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,508,455
Expenses
$1,880,911
Net Income
-$372,456
Net Assets
$408,134
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,435,122
95.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $73,333
4.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $107,000
5.7%
Professional Fundraising Fees $0
Other Salaries and Wages $33,819
1.8%
Assets/Debt
Total Assets $421,284
Total Liabilities $13,150
Net Assets $408,134
Compensation
Key Employees and Officers Compensation Related Other
Block By Block (Independ. Co) $353,553 $0 $0
Outfront Media (Independ. Co) $180,000 $0 $0
Kcc Productions (Independ. Co) $168,870 $0 $0
Llorente & Heckler (Independ. Co) $120,000 $0 $0
Timothy Schmand (Executive Di) $107,000 $0 $0
Ben Brody (Member At La) $0 $0 $0
Thelma Deutsch (Board Member) $0 $0 $0
David Tornek (Board Member) $0 $0 $0
Albert Cohen (Board Member) $0 $0 $0
David Herzberg (Board Member) $0 $0 $0
Mel Schlesser (Board Member) $0 $0 $0
Glen Boyer (Board Member) $0 $0 $0
Steven Gombinski (President) $0 $0 $0
Lyle Stern (Vice Preside) $0 $0 $0
Ozzie Dominguez (Treasurer) $0 $0 $0
Howard Herring (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,424,486
Expenses
$643,868
Net Income
$780,618
Net Assets
$780,590
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,424,486
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $56,471
8.8%
Professional Fundraising Fees $0
Other Salaries and Wages $22,510
3.5%
Assets/Debt
Total Assets $816,063
Total Liabilities $35,473
Net Assets $780,590
Compensation
Key Employees and Officers Compensation Related Other
Ivannia A Van Arman (Executive Director) $56,471 $0 $0
Lyle Stern (Director) $0 $0 $0
Benjamin Brody (Director) $0 $0 $0
David Tornek (Director) $0 $0 $0
Paul L Cejas (Director) $0 $0 $0
Alina Shriver (Director) $0 $0 $0
Scott Sherman (Director) $0 $0 $0
Howard Herring (Director) $0 $0 $0
Jimmy L Morales (Director) $0 $0 $0
Steven Gombinski (President) $0 $0 $0
Mel Schlesser (Vice President) $0 $0 $0
Jeff Weinstein (Secretary) $0 $0 $0
Ozzie Dominguez (Treasurer) $0 $0 $0

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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