Annual Report

2014

North Capitol Main Street, Inc.

Dear Friends and Supporters of North Capitol Main Street

It is with tremendous pride and pleasure that we release this annual report for the year 2014.
Many doubted that it would be possible, but a small group of determined residents and business
owners believed in the potential of this great organization.
At the beginning of last year, we found ourselves not in the best of health as an organization. We
spent the first two quarters making sure that our infrastructure was in place, both physically and
financially, so that we could begin to serve our businesses with a solid foundation. It was a
daunting task but within six months, we were able to regain our accreditation and fully restore our
funding with the Department of Small and Local Business Development.
We have not looked back since. We've held record setting events for this area, awarded an
unprecedented amount of grant funding directly to our businesses and have been a powerful voice
in the city as we advocate on behalf of the business owners within our corridor. It is not lost on us
that as the area is seeing the rebirth of North Capitol Main Street, we are also seeing an uptick in
development activity and opening of new businesses along the corridor as well.
We welcome your support and participation as we continue to expand. By supporting this
organization either financially or by volunteering you will be greatly enhancing this community, its
businesses and residents. We are looking forward to even greater growth and the opportunity to
continue to serve you at an even greater capacity. Please continue to meet us in North Capitol DC!

Aisha Bond, Board Chair

Demetris Cheatham, Executive Director
NorthCapitolDC

GRANT FUNDING

Last year, North Capitol Main Street provided over $200,000 to businesses for various
business improvement projects.

Big Bear Caf Garden Patio Improvements

Catania Bakery Faade Improvement, Lighting and New Commercial Mixer
Dcity Smokehouse - New Signage, Door and Awning Improvements, HVAC repairs
Health IT Solutions - Architectural Drawings for Office Expansion
The Pub & The People - New Windows and Doors
Rustik Tavern Weathering Roof Patio Improvements
Uncle Chips Bakery - Signage & Patio Furniture
We also provided social media, website and marketing technical assistance to
businesses. We also completed a customer intercept survey and business inventory.

CUSTOMER INTERCEPT SURVEY

What additional services
would you be Interested in?
Answered: 187

What types of additional retailers

would you be Interested in?
Answered: 193

Skipped: 20

What types of additional restaurants

would you be Interested in?
Answered: 200

Skipped: 14

Spa / Hair
Salon

Supermarket /
grocery store

Coffee shop /
cafe

Nail Salon

Organic /
specialty...

Asian

Dog Walking /
pet grooming

Womens
fashion and...

Bakery

Urgent care
center

Mens fashion
and accessories

Maxican / Latin

Doctors
offices

Sporting goods
/ running store

Brasserie /
Bistro

Dentists
offices

Pet supplies

Ice cream /
frozen yogurt

Bank

Corner store /
convenience...

Fine dining

Gym / fitness
studio

Liquor / wine
store

BBQ

Childrens
play place

Pharmacy

Diner /
Breakfast

Other (please
specify)

Other (please
specify)

Other (please
specify)

0%

10%

20%

30%

40%

50%

NorthCapitolDC

60%

70%

80%

90%

100%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

0%

10%

20%

30%

40%

50%

Skipped: 7

60%

70%

80%

90%

100%

FINANCES
FINANCES

North Capitol Main Street, Inc.

Prot & Loss

January through December 2014

2:18 PM
04/14/2015
Cash Basis
Jan - Dec 14

Ordinary Income/Expense
Income

North Capitol Main Street, Inc.

Balance Sheet
As of December 31, 2014

2:32 PM

4200 Program Income

Program Development

04/14/2015

Professional Development

Cash Basis

General & Overhead (Ofce Exp)

Dec 31, 14

Program Supplies
Consulting & Contractors

ASSETS

Personnel

Current Assets

4200 Program Income - Other

Checking/Savings

Total 4200 Program Income

1000 Cash
1010 TD Bank
1020 Bank of Georgetown
Total 1000 Cash

323.72

110.00
23,628.00
500.00
2,000.00
62,358.00
178,848.69
363,093.78

4000 Grants

108,970.68
109,294.40

95,649.09

4030 BID Clean Team

25,000.00

4040 Other DC Grants

15,050.00

Total 4000 Grants

40,050.00

4100 Other Income

Total Checking/Savings

109,294.40

4130 Donations
Total 4100 Other Income

Accounts Receivable

Total Income

1200 Grants Receivable

Other Grants
Total 1200 Grants Receivable

Expense
-60,000.00

General Operations

-60,000.00

5200 MS Program Expenses

Professional Development

-60,000.00

General & Overhead (Ofce Exp)

Program Supplies

Total Current Assets

TOTAL ASSETS

1,000.00
404,143.78

Program Development
Total Accounts Receivable

1,000.00

49,294.40

49,294.40

95,933.50
110.00
23,829.00
719.00

Consulting & Contractors

12,000.00

Personnel

89,858.00

Storefront Improvements

54,918.00

5200 MS Program Expenses - Other

Total 5200 MS Program Expenses

LIABILITIES & EQUITY

412.50

1,200.00
278,567.50

6000 PROGRAM EXPENSES (2009-2010)

Liabilities

6020 Operations Comm

Current Liabilities

Advertising Expenses

Accounts Payable
20000 Accounts Payable
Total Accounts Payable

Total Current Liabilities

Rent
-5.00
-5.00

-5.00

Total 6020 Operations Comm

6,225.00

6050 Promotions Comm

Promotional Events
Event Production

4,539.91

Total Promotional Events

Total Liabilities

-5.00

Total 6050 Promotions Comm

Equity
30000 Opening Bal Equity
32000 Unrestricted Net Assets
Net Income
Total Equity

TOTAL LIABILITIES & EQUITY

2,100.00
-49,318.70
96,518.10
49,299.40

49,294.40

4,539.91
4,539.91

6060 Organization Comm

Dues & Subscriptions

350.00

Total 6060 Organization Comm

350.00

Total 6000 PROGRAM EXPENSES (2009-2010)

11,114.91

6300 BID CLEAN TEAM

17,555.90

Total Expense
Net Ordinary Income
Other Income/Expense
Other Income
Interest Income
Total Other Income
Net Other Income

NorthCapitolDC

225.00
6,000.00

Net Income

307,650.81
96,492.97

25.13
25.13
25.13
96,518.10

ART ALL NIGHT

Art Soiree is a Washington, DC

based organization that is
committed to curating, conceiving
and realizing contemporary art
exhibitions, festivals and art
projects. Art Soiree was founded
in 2009 by dynamic duo Sandro &
Tati, and has since presented over
300 unique exhibitions and
programs featuring over 400
contemporary artists, and
bringing together close to 150,000
attendees. The company has also
represented D.C. artists at a
number of national and
international art showcases such
as Art Basel Miami 2012 and
SXSW 2013. @ArtSoiree

EVENTS

North Capitol Main Street was proud to

partner with Art Soiree to produce Art
All Night: Nuit Blanche DC at North
Capitol. From 7pm 3am, one night
only, North Capitol street was activated
with live performances, graffiti art,
video screenings, whimsical creations,
live painting, body art and light
installations that transformed three
massive outdoor spaces into the
ultimate mash up of cultural and urban
arts experiences. With three incredible
spaces, there was something for
everyone and more than enough to keep
you entertained. We estimated that
over 4,000 people attended the event
and we had over 70 artists, many of
them who reside within our
neighborhood. Art All Night was funded
by the DC Commission on the Arts and
Humanities.

Annual Corridor
Walkthrough with
Councilmember
Vincent Orange
Business and Volunteer Networking Social Hosted at the home of Board Member Aisha Bond

NorthCapitolDC

2014-2015
BOARD OF DIRECTORS
Aisha Bond
Sylvia Pinkney
Melvin Hines
Scott Roberts
Bradley Thomas
Teri Janine Quinn
Kriszen Williams
Nicole Allen
Arlene Johnson
John Naber
Lauren Linville
Michael Schulman
Demetris Cheatham

Chair
Vice Chair
Treasurer
Secretary

MISSION

orth Capitol Main Street, Inc.'s mission is to

stimulate North Capitol Main Street business
district revitalization in Bloomingdale,
Eckington and Truxton Circle through: Organization
(encouraging cooperation and building leadership in
the business community); Promotion (creating a
positive image for downtown by promoting the
downtown as an exciting place to live, shop, and
invest); and Design (improving the appearance of the
downtown).

Executive Director

OUR APPROACH
We follow the Main Street Four Point Approach as
outlined by the National Main Street Center a
subsidiary of the National Trust for Historic
Preservation. The four points are: Organization,
Design, Promotion and Economic Restructuring.
North Capitol Main Street is an accredited Main Street
Program.

CLEAN TEAM

BOUNDARIES
Our boundaries are along North Capitol Street
and along Rhode Island Avenue to the North,
New York Avenue to the south, 2nd Street,
NE, between Rhode Island Avenue and R
Street, NE, and North Capitol Street, NE,
between R Street, NE and New York Avenue,
NE, to the east, and 3rd Street between
Rhode Island Avenue and Florida Avenue and
North Capitol Street, NW, between Florida
Avenue and New York Avenue to the west.

North Capitol Main Street administers Clean Team services throughout the corridor. Our clean team
service provider is Career Path D.C. Their mission is to build strong communities by creating
employability pathways for disadvantaged individuals by helping them to develop the necessary skills
to obtain and retain suitable employment, while encouraging self-sufficiency.
The clean team program services include:
Removal of litter, graffiti, illegal posters and stickers, snow and ice
Recycling glass, aluminum and plastic items collected from sidewalks and gutters
Maintenance of street trees through mulching, aeration, weeding and watering.
Landscaping of planters, hanging baskets and tree boxes located in service areas
Tracking and reporting public space defects via 311
NorthCapitolDC

Special thanks to:

Ward 5 Councilmember Kenyan McDuffie and Staff
At Large Councilmember Vincent Orange and Staff
Ana Harvey, Director, Department of Small and Local Business Development
Lauren Adkins, Manager, Neighborhood Revitalization, Department of Small and Local Business
Development
Cristina Amoruso, DC Main Streets Coordinator and Project Manager, Department of Small and Local
Business Development
Lisa Toney, Commissioner, DC Commission on the Arts and Humanities
Gretchen Wharton, Commissioner, DC Commission on the Arts and Humanities
Simone Ellison, North Capitol Main Street Consultant
Anwar Saleem, Executive Director, H Street NE Main Street
Martin Smith, Executive Director, Barracks Row Main Street
Bill McCleod, Historic Dupont Circle Main Streets
Keshia Minor, Executive Director, Congress Heights Main Streets
Debora Jones, Executive Director, Deanwood Heights Main Streets
Kyle Todd, Executive Director, Rhode Island Avenue Main Street
Alex Padro, Executive Director, Shaw Main Streets
North Capitol Main Street is funded in part by the Department of Small and Local Business Development,
Muriel Bowser, Mayor.

NorthCapitolDC

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on Twitter and Instagram

#ExperienceNorthCapDC
If you experience it in North Capitol DC, please
use our hashtag to share in the neighborhood.

www.northcapitoldc.com
P.O. Box 29344
Washington, DC 20017
ED@northcapitoldc.com