SANITATIONMARKETING & PROMOTIONCAPITAL IMPROVEMENTS

FORDHAM ROAD DISTRICT MANAGEMENT ASSOCIATION, INC.

2011/2012 AN NUAL REPORT

SANITATION

Aminoul Niass, supervisor

Matar GueyeSeedia JabbiSamba JallowMouhamed SallAlpha SowOusseynou SowMamadou Sylla

ADMINISTRATION

Wilma AlonsoEXECUTIVE DIRECTOR

Daniel J. BernsteinDEPUTY DIRECTOR

INTERNS

Kristina AvilesBrittany BorgAnthony BriddaDestiny CauldwellNathaniel CasianoKrystyna ChavezJonathan ClaySean CoxKemoy DeanMichelle GeraceEmily GroeneSamuel HysellEmily KainLaticia MullingsStephanie OrtizToni-Marie Rhone

FORDHAM ROAD BID STAFF

BOARD OF DIRECTORS (as of July 1, 2011)

OFFICERS

ChairDavid Rose (Class A)AUTOMOTIVE REALTY CORPORATION

Vice-ChairGarl Robinson (Class B)PC RICHARD & SON

TreasurerRobert Sofia (Class A)EMIGRANT SAVINGS BANK

SecretaryJoseph Muriana (Class A)FORDHAM UNIVERSITY

Vice-SecretaryDonald Simon (Class A)MONROE COLLEGE

MEMBERS

CLASS A: PROPERTY OWNERS

Frank BagattaSELGA REALTY

Frank DeLeonardis2477-2487 WEBSTER AVENUE

Jane FisherNEWYORK PUBLIC LIBRARY

Michael HirschhornJENEL MANAGEMENT CORPORATION

Alan JemalJEM REALTY MANAGEMENT

Samuel JemalFORDHAM ASSOCIATES, LLP

Todd McGaughey ACADIA REALTY TRUST

Jason MizrahiORIGINAL PRODUCT CORP., INC.

Andre OcceanCITIBANK

CLASS B: COMMERCIAL TENANTS

Kenneth ConnGEM FINANCIAL SERVICES

Greg GonzalezGG EXPRESS PARKING, LLC

Marzie JafariCUNY ON THE CONCOURSE

Luz OrtegaBANCO POPULAR

CLASS C: RESIDENTS

Amy HarperFORDHAM UNIVERSITY

CLASS D: GOVERNMENT/

ELECTED OFFICIALS

Michael MelamedRepresentativeNYC DEPARTMENT OF

SMALL BUSINESS SERVICES

Madeline Marquez RepresentativeBRONX BOROUGH

PRESIDENT’S OFFICE

Albert AlvarezRepresentativeNYC COUNCILMAN

JOEL RIVERA’S OFFICE

Nancy OzeasRepresentativeNYC COMPTROLLER’S OFFICE

CLASS E: NON-VOTING MEMBERS

Xavier RodriguezDISTRICT MANAGER

COMMUNITY BOARD 5

Ivine GalarzaDISTRICT MANAGER

COMMUNITY BOARD 6

Fernando TiradoDISTRICT MANAGER

COMMUNITY BOARD 7

This past year the BID continued its focus on the beautification of public spaces. New seating andgreen spaces are attracting more shoppers and pedestrians to the district. The BID unveiled publicart on Fordham Road and Grand Concourse. Construction is set to begin on our centerpiece, BryanPark. Additional public spaces continue to be upgraded and improved for our visitors and arearesidents. We are excited that our hard work and perseverance are reaping such large dividends.

We would like to thank all the members of the BID for their continued support. The success of ourprograms and services would not be possible without their active involvement and participation.

Lastly, a special thanks to the volunteers serving on our Board of Directors. Their efforts andleadership make the BID a success and will continue to in the future.

MESSAGE FROM THE CHAIR &EXECUTIVE STAFF

FORDHAM ROAD DISTRICT MANAGEMENT ASSOCIATION, INC.2488 Grand Concourse, Room 413 Bronx, New York 10458

PHONE (718) 562-2104 HOTLINE (718) 562-1269 FAX (718) 562-6225EMAIL fordhamroadbid@optimum.netWEBSITE www.fordhamroadbid.org

DANIEL J. BERNSTEIN DEPUTY DIRECTOR

DAVID ROSECHAIR

WILMA ALONSOEXECUTIVE DIRECTOR

MISSION STATEMENTThe mission of the Fordham Road Business Improvement District (BID) is to foster

and promote the growth and vitality of its local business community and strengthen

its local economic base. We achieve this through a range of effective programs that

enhance area maintenance and sanitation conditions, provide business assistance

and development services, improve security, facilitate a beautified streetscape and

aid in constituent problem-solving; while showcasing the business area’s assets

through innovative marketing and promotion techniques. These services are provided

in a cost-efficient and effective manner by the BID and are enhanced by its strong

working partnerships with public agencies, elected officials and local organizations

within the context of its neighboring communities.

The BID extends from Third Avenue to Jerome Avenue along Fordham Road and also

includes the commercial areas on select side streets. The district is comprised of

approximately 80 buildings and almost 300 businesses ranging from nationwide

chains to locally owned independent shops.

BUSINESS IMPROVEMENT D ISTRICT

I am happy to see that the successful partnership between the Fordham Road BID and the Department of Sanitation is enjoying continued success. The results are clean streets that Bronxites can enjoy while shopping along busy Fordham Road.PAUL VISCONTIBRONX BOROUGH CHIEFNYC DEPARTMENT OF SANITATION

The partnership between the Fordham Road BID and the New York City Department of Sanitation is an essential part to the thriving area for merchants and residents. The cleanliness of Fordham Road is vital to a successful commercial strip which is enjoyed by many.MIKE CAROLANDISTRICT SUPERINTENDENT, BRONX 5NYC DEPARTMENT OF SANITATION

The Fordham Road BID has been an integral part of the growth of the Fordham community. Their daily efforts have made the community a cleaner and a better place to live and visit. VINCENT PICCARILLODISTRICT SUPERINTENDENT, BRONX 6NYC DEPARTMENT OF SANITATION

The Fordham Road BID is very important to the Bronx community and to the Department of Sanitation.By working side by side with eachother we can make the Bronx a better destination to live.JOHN RUSSODISTRICT SUPERINTENDENT, BRONX 7NYC DEPARTMENT OF SANITATION

SANITATIONSERVICES

The BID sanitation crew consists of sevenfull-time employees who sweep the sidewalks,remove stickers and graffiti from street furniture and empty garbage receptacles sevendays a week from 8:30AM to 4:30PM. The“clean team”, who can be identified by theirnew red uniforms with the BID logo on theback, hauls an average of nearly 2,000,000 lbs.of trash per year.

The BID continued its GRAFFITI REMOVALservices from properties and businessesaveraging nearly ten locations each month. The BID staff conducts graffiti surveys andcoordinates removals with those affectedlocations. Additionally, the sanitation crewmaintains our green spaces by mulching areatrees and adding fresh coats of paint to streetfurniture seasonally.

The BID has continued to use our four BIG-BELLY TRASH AND RECYCLINGRECEPTACLES in the district. The Big-Belly®

Solar Compactor is a trash receptacle that isself-powered usingsolar power. The trashreceptacles weredonated to the BID by Bronx BoroughPresident Ruben Diaz,Jr. The BID has beenmaintaining thecompactors andpromotes shopping with signage on theunits through general

BID and sponsored advertisements. Thecompactors have reduced the total number ofman-hours required to change the trash liners,allowing members of the sanitation crew tofocus on general sidewalk cleanliness. The BID plans on adding more Big-Belly trashreceptacles this year in and around Bryan Park.

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REVIEW 2011

/2012

MARKETING & PROMOTION

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The BID ran frequentsuccessful advertisementsthroughout the yearpromoting Fordham Roadbusinesses and the“OUTDOOR MALL EXPERIENCE”.Furthermore, the BIDproduced its Fifth Edition ofthe “FORDHAM ROADSHOPPER’S DIRECTORY”which underwent asignificant redesign. Theguide shows the entire area

and includesa color-coded,categorizedlisting of allthe BIDbusinesses, aparking andtransportationlegend aswell as a

brief history along withsome important fun facts tohelp familiarize readers withFordham Road.

Additionally, the BIDproduces and distributes abi-annual newsletter to all of its members. The BIDNEWSLETTER keeps membersinformed of all the ongoingprograms and activities onFordham Road. This pastyear, the BID implemented afresh design for the newsletterand increased the amount ofsponsored ad spaces.

The BID’s newly re-designed websiteFORDHAMROADBID.ORGcontinues to draw heavytraffic, averaging 4,000 hits aday. Our website providesextensive information on theFordham commercial corridor

including business listings,programs and events, accessto all BID publications,member services, and futureplans for the area. The newlyadded calendar allows visitorsto quickly identify upcomingevents. Additionally, the BIDhas an active social mediapresence with regularlyupdated accounts on Twitterand Facebook.

Additionally, the BIDcontinued its FORDHAMROAD MEMBERSHIPINCENTIVE PROGRAM. Theprogram encourages ourmembers to take advantageof the special “perks” theyare entitled to through theirmembership by utilizing aBID membership wallet card.

The BID also organizedand participated in severalsuccessful programs andevents throughout the year.The PASSPORT TO FORDHAMROAD ADVANTAGE PROGRAMthat was formerly a biannualprogram is now an ongoingtargeted-marketing program

with apamphlet thatdirectsshoppers to a completelisting ofcurrentparticipatingbusinesses onthe BIDwebsite. It

also features a QR code scanfor direct access to thewebsite from all smartphones.The program offers specifieddiscounts at over 50 BIDstores to students, faculty,

and staff members ofparticipating area colleges,institutions, medicalfacilities and healthcaretraining centers who displaytheir identification /membership cards at thetime of a purchase. Thediscounts range from a freegift to 50% off purchases. Todate over 75,000 programpamphlets have beendistributed.

The sixteenth annualFORDHAM ROAD RENAISSANCEFESTIVAL took place onSunday, August 21, 2011, andwas a huge success despiteearly rainfall. Over 20,000people attended and enjoyedfree music, games andactivities. More than 150sponsors set up booth spacesincluding 20-30 BID retailersthat participated by buying abooth, supplying marketing

materials, or sponsoring theBID booth. The BID heldmeetings with the BronxCouncil for EconomicDevelopment to plan theevent. A 50% reduced ratewas offered to stores withinthe BID during the memberregistration drive. The BID also decorated

the area throughout the yearwith SEASONAL STREETBANNERS to promote

shopping, events and otheractivities on Fordham Road.These banners are part ofour unified targetedmarketing design and are

sponsoredby manyBIDbusinessesthrough apartnershipwith Titan360.

In October, the BID partnered with the American Cancer Society (ACS) to raise funds for the 8th Annual ¨Making Strides Against Breast Cancer¨.The BID�s team for theevent, FORDHAM ROAD BIDGOES PINK!, receiveddonations from thecommunity. Additionally, the

BID held a “DINING TODONATE” networking event at Applebee�s NeighborhoodGrill & Bar where 10% ofsales were donated to theAmerican Cancer Society.Through these efforts, over$2000 was raised and ourwebsite was changed to apink theme in observance of Breast Cancer AwarenessMonth.

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The BID hosted twoseasonal FORDHAM ROADSIDEWALK SALES on October6-8, 2011 and April 19-21,2012 from 11am-7pm daily.Over 90 businessesparticipated in these events,and customers tookadvantage of the greatoffers. The Sidewalk Salesgive merchants theopportunity to showcasetheir seasonal anddiscounted items legally.

In November 2011, theBID, with Healthplus andNew York City CouncilmanJoel Rivera, distributedTHANKSGIVING TURKEYS TOPART OF THE SOLUTION (POTS),

a local organization that runs a food pantry andother services for low-income residents of theBronx.

The BID kicked off theholidays Friday, December 2,2011 with our seventh annualSPARKLING THE HEART OFFORDHAM Event in BryanPark. Over 2,000 peopleattended and enjoyed a visitfrom Santa Claus with freegifts and books for nearly 600children, holiday music, liveperformances, raffles andprizes. The event also kickedoff a two and a half weeklong 10% public discountprogram in which nearly 70BID businesses participated.The BID also ran televisioncommercials promoting ourbusinesses during Decemberon various stationsthroughout the Bronx onCablevision. Viewers wereable to request additional

information about ourholiday discount promotionby using the “Select Feature”to request our 10% couponvia email. Through thisprogram, and the BID�ssecurity team at the holidayevent and during the season,the BID distributed over2,000 coupons to the public.

In an effort to help keepFordham Road safe for the

holidays, the BID continuedits HOLIDAY SECURITYPATROLS. Patrols began onBlack Friday (Nov 25th) andcontinued through the end ofthe year. Coverage took placefrom 12pm-8pm Wednesdaysthrough Sundays, with someheightened patrol daysincluding the full week ofChristmas. All security officers had patches bearing

the BID logo on theiruniforms, and assisted shoppers withdirections and distributedBID marketing materials. Ourpatrols were complimentedby an increased presence ofthe NYPD during the season.

The BID continued topromote the Fordham Roadarea through its membershipwith tourism councils and

agencies. Copies of the“Fordham Road Shopper’sDirectory” are alwaysavailable and distributed in theNYC & COMPANY VISITOR’SINFORMATION CENTER inManhattan as well as theirinternational media and tradeoffices. Additionally, BIDinformation is available toriders of the BRONX TROLLEY.

The BID INFORMATIONCENTER is for the distributionof publications to help peoplenavigate the area by sharingpoints of interest, informationabout stores and events. Thecenter is used at public spacesthroughout the BID seasonally,weather permitting.

All of our marketing events,programs and efforts areaimed at boosting pedestriantraffic and generatingcustomer interest to helpmaintain our status as apremier shopping destinationin the city.

In July 2011, the BIDproudly announced theunveiling of “SILVER”, a ten-foot tall sculpture of foundand recycled material createdby Bronx artist, ChristianMarche. The sculpture wasmade possible through apartnership with the NYCDOT Urban Art Program,Barbara Bullard and the AlJohnson Art Studio. ¨Silver¨stands on the south-sideoverpass at the intersection ofEast Fordham Road andGrand Concourse. Thesculpture is extremelyphotogenic and attracts a lotof attention.

The Fordham Road BIDhosted, organized andparticipated in variousNETWORKING EVENTS,business assistance programsand community workshops.Through partnerships withother organizations and ourmembership, these events

were extremely successfulwith increased attendance,sponsorships andparticipation.

The BID, along withAffinity Health Plan,Amerigroup CommunityCare, Bronx LebanonHospital, ColumbiaUniversity, Healthplus,Morris Heights HealthCenter, and St. BarnabasHospital hosted over 25 FREE HEALTH SCREENINGS(Glaucoma, HIV,Mammography, Hyper-tension, etc.) at Bryan Parkand Muller Plaza from Aprilthrough November 2011.

To help our membershipgain access to furthering their education, a 20%MONROE COLLGE DISCOUNTwas offered to BID membersthrough a partnership withthe college which includedboth campus and onlinecourses.

In an effort to provideadditional programming forlocal families, the BIDcontinued to provide outdoortables and seating withumbrellas for use in MULLERPARK & PLAZA. This pastspring and summer, the BIDpartnered with the BronxLibrary Center to offerprogramming in the Plaza,offering “BRING IT TO THESTREETS” events such asstorytelling and yoga lessonsfor families and children.

COMMUNITY RELATIONS AND CAPITAL IMPROVEMENT PROJECTS

The fifth annual FORDHAMGO GREEN WALK took placeon May 5, 2012. Over fifteenhundred people were inattendance and walked alongFordham Road from JeromeAvenue to East KingsbridgeRoad and then into Poe Parkwhere a free community fairwas held featuring healthyfood, music, health screeningsand children’s activities.

Additionally, the BIDcontinued its FREE TOTE BAGpromotion to shoppers whomake purchases of $20 ormore at any Fordham Roadstore. Over 4,000 bags havebeen distributed since theprogram’s launch in 2009.

With the success of ourFORDHAM ROAD BID GOESPINK! promotion andpartnership with theAmerican Cancer Society, theBID has expanded itsfundraising efforts throughPARTNERSHIPS WITHCHARITABLE ORGANIZATIONS.

As a board member ofVisions, a non-profit thatserves the blind and visuallyimpaired, the BID sponsoredthe organization’s annualBronx luncheon to help raisefunds and awareness.

The Fordham Road BID isproud to represent andadvocate on behalf of thebusinesses it serves. The

“BID HOTLINE” is a telephoneline dedicated to requests forassistance and reportingcomplaints. BID members areprovided with informationalstickers listing the hotlinetelephone number for quickreference. Throughout theyear, the BID fields inquiriesfrom its members. Theseissues, in addition toconditions surveyed by theBID staff, are submitted to allrelevant NYC agencies andutilities and a log of suchactivities is maintained. TheBID complaint log shows thatfrom July 1, 2011 throughMarch 31, 2012 there wereforty-four complaints with anadditional seventy-ninefollow up calls. The BIDcontinues to boast that fromthe time a specific request isreported it takes an averageof forty-eight hours togenerate a response andaddress subsequent concerns.

COMPLAINT LOG BREAKDOWN44 Total Complaints (79 follow up calls)

July 1, 2011 through March 31, 2012

DCA NYC Department of Consumer AffairsDEP NYC Department of Environmental Protection DOS NYC Department of SanitationMTA NYC Metropolitan Transportation Authority

NYPD NYC Police DepartmentPARKS NYC Department of Parks and RecreationOther* Local Community Boards, Elected Officials, etc.

PARKS5%

MTA2%

DDC 2%

DOT 13%

DCA 5%

Other 7%

NYPD66%

The combined effort of local businesses, residents and the police has enabled the Fordham Road BID to enhance the quality of life of those who live and shop in the area. We look forward to the continued partnership with the Fordham Road BID, its businesses, and the community it serves.INSPECTOR TIMOTHY J. BUGGECOMMANDING OFFICER, NYPD 46TH PRECINCT

DEPUTY INSPECTOR WILLIAM J. MCSORLEYCOMMANDING OFFICER, NYPD 48TH PRECINCT

DEPUTY INSPECTOR JOSEPH V. DOWLINGCOMMANDING OFFICER, NYPD 52ND PRECINCT

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CAPITAL IMPROVEMENTS

The BID continues to lookfor ways to beautify publicspaces in the area.Construction for the BRYANPARK RESTORATION PROJECTis now officially slated for theSummer of 2012. The BID isalso expanding the mulchingand upkeep of trees alongFordham Road as well asadding planters throughoutthe district.

The BID will also continueimplementation of itsSTREETSCAPE MASTER PLANwith upgrades to outdoorstreet furniture including theinstallation of new trashreceptacles and streetbenches in the coming year.

After the popularity of theURBAN ART PROGRAM, theBID continues to work withlocal artists to implementmore art within the area.

RETAIL DEVELOPMENT AND ATTRACTION

Despite the recent troubledeconomic times, businesseshave remained interested incoming to Fordham Road.This past year has seen theopenings of many newretailers. The future remainsbright with ongoingrecruitment efforts to attractnew businesses to come toFordham Road. Many of the

BID’s capital improvementprojects will help with theseefforts, along with generalDATA INFORMATION SHARING.

The BID also works withreal estate and retailprofessionals to increasegeneral awareness of theFordham Road area. The BIDcompiles MONTHLYPEDESTRIAN COUNTS andshowcases AVAILABLE RETAILSPACE in the area on itswebsite. The BID alsonotifies existing members aswell as outside interestedparties of this information inhopes of attracting additionalbusinesses and developers.

MARKETINGANDPROMOTION

The BID will continue todevelop and build upon itsexisting successful programsand events. With the successof seasonal FORDHAM ROADSIDEWALK SALE events andthe positive reactions of thebusiness owners, the BIDwill add a third sale thissummer. The ongoingPASSPORT TO FORDHAMROAD ADVANTAGE PROGRAMwill be promoted andupdated in the coming yearto offer ongoing enrollmentsto businesses and the BIDwill continue to offer theseand other promotionalopportunities to its members.

The BID will also remaincommitted to merchantrelationships and VISITOR/TOURISM ATTRACTIONefforts by hosting variousnetworking events,community fairs, trolley rides and shoppingexpeditions. These types of activities educate visitors,shoppers and BID membersalike.

COMMUNITY RELATIONS AND OUTREACH

The BID staff has workedwith a security consultant and will develop a SECURITYPLAN, which will focus onways to improve safety in the district. The BID plans to implement its SECURITYCAMERA PILOT PROGRAMat a few select locations this coming year inanticipation of a full-scaleexpansion in the future,contingent upon funding.

2012-2013 & BEYOND

LOOKING

AHEAD

ROBERT SOFIATreasurer and Finance

Committee Chair

2 0 1 1 - 2 0 1 2 F I S C A L R E P O R T

The Fordham Road BID Finance Committee, which was designated by the Boardof Directors, meets quarterly to review, plan and oversee the activities andexpenses of the BID. The NYC Department of Small Business Services setsstandards for our procurement and fiscal management procedures. If you wouldlike a copy of the BID’s audit report, or additional information on our procurementpolicies and existing contracts, please feel free to contact the BID office.

Skody Scot & Company, CPAs, P.C.352 Seventh Avenue, 9th Floor, New York, NY 10001(T) 212-967-1100 • (F) 212-967-2002 www.skodyscot.com

INDEPENDENT AUDITORS’ REPORT

To: The Board of Directors of

Fordham Road District Management Association, Inc.

We have audited the accompanying statements of financial position of Fordham Road District

Management Association, Inc. as of June 30, 2011, and the related statements of activities and cash

flows for the year then ended. These financial statements are the responsibility of the Association’s

management. Our responsibility is to express an opinion on these financial statements based on our

audits.

We conducted our audits in accordance with U.S. generally accepted auditing standards. Those

standards require that we plan and perform the audit to obtain reasonable assurance about whether

the financial statements are free of material misstatements. An audit includes examining on a test

basis, evidence supporting the amounts and disclosures in the financial statements. An audit also

includes assessing the accounting principles used and significant estimates made by management,

as well as evaluating the overall financial statement presentation. We believe that our audits provide

a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects,

the financial position of Fordham Road District Management Association, Inc. at June 30, 2011,

and the results of its activities and its cash flows for the year then ended in conformity with U.S.

generally accepted accounting principles.

Skody Scot & Company, CPAs, P.C.

October 18, 2011

Support and Revenues:Unrestricted:

Assessment revenue $500,000Program Service Revenue 1,530Contributions 51,656In Kind 10,625Grants 35,000Interest income 360

Total support and revenues 599,171

Expenses:Program Expenses:

Marketing and promotion 232,904Sanitation 258,877Public Safety 7,575

Total program expenses 499,356

Management and general 112,649

Total expenses 612,005

Increase/(decrease) in net assets:Unrestricted (12,834)Temporarily restricted -Permanently restricted -

Increase/(decrease) in net assets (12,834)

Net assets, beginning of year (2,192)

Net assets, end of year (15,026)

STATEMENT OF ACTIVITIESYear ended June 30, 2011

ASSETS

Cash $24,499Grants 7,950Contributions receivable -Prepaid expenses 230Property and equipment, net -Security deposits, other assets 9,345

Total assets $42,024

LIABILITIES AND NET ASSETS

Liabilities:Accrued expenses $57,050

Total liabilities 57,050

Net Assets:Unrestricted (15,026)Temporarily restricted -Permanently restricted -

Total net assets (15,026)

Total liabilities and net assets $42,024

STATEMENT OF FINANCIAL POSITIONJune 30, 2011

FORDHAM ROAD DISTRICT MANAGEMENT ASSOCIATION, INC.

BUDGET ACTUAL07/01/11- 07/01/11-06/30/12 03/31/12

REVENUE AND SUPPORT

Assessments $625,000 $625,000 Interest 3,500 283 Contributions 75,000 32,874

Total Revenue and Support 703,500 658,157

EXPENSES

Program Services:Cleaning and sweeping 220,000 166,967 Promotional Supplies 40,000 29,116Promotional Projects 40,000 29,116Capital Improvement Projects 25,000 17,181

Total Program 325,000 242,380

General and Administrative:Administrative Staff 173,000 135,377 Fringe Benefit 44,800 36,914 Total Salaries 217,800 172,291 Rent 29,000 19,515 Telephone/Utilities 3,750 3,615 Printing/Postage 3,600 3,021 Office Supplies 800 701 Insurance 12,500 10,489 Audit/Legal 12,500 14,518

Other:Office Equipment 3,150 2,898 Office Expenses 1,175 1,519Meetings/Local Travel 1,300 907

Total General & Admin. 285,575 229,474

Total Expenses 610,575 471,854

Surplus or (Deficit)Current Year 92,925 186,303

Contingency (12,500) _

Surplus available for future use 80,425 _

OPERATING BUDGET FISCAL YEAR 2012

REVENUESAssessment 625,000Interest 2,000Other: 17,500Contributions/Fundraising 65,000

Total Revenue 709,500

EXPENSESProgram Services:Cleaning and sweeping 240,000Promotional Supplies 40,000Promotional Projects 40,000Capital Improvement Projects 30,000

Total Program 350,000

General and Administrative:Staff 180,000Fringe Benefit 47,850Rent 32,500Telephone/Utilities 4,000Printing/Postage 3,700Office Supplies 850Insurance 13,000Audit/Legal 13,000

Other:Office Equipment 3,250Office Expense 1,200Meetings/Local Travel 1,400

Total Administrative 300,750Total Expense 650,750Net (Revenue Over Expenses) 58,750Contingencies (12,500)

PROJECTED BUDGET

FISCAL YEAR 2013

(adopted by the Board of Directors 3/15/12)

ANNUAL REPORT DESIGN: KENNY FUNK, COFFEECUPDESIGN.COM TEXT/PHOTOGRAPHY: DANIEL J.BERNSTEIN, SEAN COX