LINCOLN ROAD BUSINESS IMPROVEMENT DISTRICT INC Charity Report

Public IRS 990 nonprofit record

LINCOLN ROAD BUSINESS IMPROVEMENT DISTRICT INC

EIN 47-5522757 · Chambers of Commerce & Business Leagues (S41)

What they do

OUR MISSION: THE LINCOLN ROAD BUSINESS IMPROVEMENT DISTRICT (L R BID) THE LINCOLN ROAD BUSINESS IMPROVEMENT DISTRICT (BID) is ORGANIZED and OPERATED AS A BUSINESS LEAGUE WITHIN THE MEANING of SECTION 501(C)(6) of THE CODE. ITS PURPOSE is to STABILIZE and IMPROVE THE LINCOLN ROAD RETAIL BUSINESS DISTRICT, WHICH is LOCATED WITHIN A NATIONALLY RECOGNIZED HISTORIC DISTRICT, THROUGH PROMOTION, MANAGEMENT, MARKETING, and OTHER SIMILAR SERVICES, BY (I) REPRESENTING and ADVOCATING for THE PROPERTY OWNERS and BUSINESS OWNERS LOCATED WITHIN THE BOUNDARIES of THE BID; (II)PROMOTING and ENCOURAGING THE CONTINUED DEVELOPMENT of A DIVERSE, VIBRANT and PEDESTRIAN-FRIENDLY LINCOLN ROAD MIXED-USE NEIGHBORHOOD, THEREBY PROVIDING A DYNAMIC SETTINGS for BUSINESSES, THE VISITING PUBLIC, ARTS and ENTERTAINMENT, AS WELL AS AREA RESIDENTS; (III)SERVING AS A CULTURAL and CIVIC HUB for THE COMMUNITY and FOSTERING A SPIRIT of COOPERATION and MAINTENANCE of HIGH STANDARDS of QUALITY AMONG ITS MEMBERS; and (IV) BR

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $0.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders13 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$120.06spent for every $100 of revenueSpending was higher than revenue this year.

14.53%of revenue went to management and office costs12.1% of expenses

$0.22in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $337,962 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $169,950 for ANABEL LLOPIS (EXECUTIVE DI). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,684,594

Mission workProgram services0.00% of revenue0.0% of expenses

ManagementOffice and general costs$244,77614.53% of revenue12.1% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$2,022,556120.06% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 0.0% mission · 12.1% management · 0.0% fundraisingTotal expenses: 120.06% of revenue

2023Expense mix: 0.0% mission · 9.6% management · 0.0% fundraisingTotal expenses: 114.95% of revenue

2022Expense mix: 0.0% mission · 10.1% management · 0.0% fundraisingTotal expenses: 105.55% of revenue

2021Expense mix: 0.0% mission · 10.8% management · 0.0% fundraisingTotal expenses: 82.44% of revenue

2020Expense mix: 0.0% mission · 10.6% management · 0.0% fundraisingTotal expenses: 93.43% of revenue

2019Expense mix: 0.0% mission · 11.4% management · 0.0% fundraisingTotal expenses: 88.40% of revenue

2018Expense mix: 0.0% mission · 12.7% management · 0.0% fundraisingTotal expenses: 100.15% of revenue

2017Expense mix: 0.0% mission · 10.0% management · 0.0% fundraisingTotal expenses: 98.83% of revenue

Money in and money out

Revenue$1,684,594

Expenses$2,022,556

Annual shortfall $337,962 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Management and office costs$244,776 · 12.1% of expenses

See all reported dollar amounts

Revenue$1,684,594

Expenses$2,022,556

Assets$445,539

Income$1,684,594

Management and general$244,776

Accounting fees$12,750

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ANABEL LLOPISEXECUTIVE DI · 55 hrs/week $169,950

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (13)

ANABEL LLOPISEXECUTIVE DI

ALAN KHOUDARITREASURER

ARTURO VINUEZABOARD MEMBER

CLIFF STEINBOARD MEMBER

DAVID HERZBERGBOARD MEMBER

ELBA MACHADOBOARD MEETIN

FREDDIE PETERSONBOARD MEMBER

JULIE QUITNNERBOARD MEMBER

LYLE STERNPRESIDENT

MARIA STEADBOARD MEMBER

MEL SCHLESSERBOARD MEMBER

MINDY MCILROYVICE PRESIDE

YURI REBELLOSECRETARY

About this charity

Recognized since: January 2016
Location: 690 LINCOLN ROAD, MIAMI BEACH, FL 33139-2904
County: Miami-Dade
In care of: ANABEL LLOPIS
Primary officer: ANABEL LLOPIS, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(305) 600-0219

Filing and classification

Latest tax year: 2024
Tax period began: October 1, 2024
Return type: 990
Tax preparer: JACOBS NONES & COMPANY CPAS LLP
NTEE classification: Chambers of Commerce & Business Leagues (S41)
IRS tax category: Chambers of Commerce & Business Leagues