City says Jeffrey Thompson’s firm owes property taxes

Accountants are poring over the corporate records of Chartered, headquartered at 15th and L streets NW. (Mike DeBonis/The Washington Post)
Chartered Health Plan’s 1895 Beaux-Arts edifice is currently listed for $10.8 million. (Mike DeBonis/The Washington Post)

As if Jeffrey E. Thompson didn’t have enough to worry about — with the dismemberment of his health care firm, his former accounting partners identifying him as a criminal mastermind and a federal investigation closing in around him — today comes news that the businessman‘s health care firm owes the District government property taxes.

The building at 1025 15th St. NW, owned by Thompson’s D.C. Healthcare Systems Inc., and home to its subsidiary D.C. Chartered Health Plan, was included Wednesday on a city-complied list of properties with delinquent tax bills that are eligible to be auctioned off next month. The building’s outstanding liability for 2012 is listed as $68,584.60.

Washington Business Journal’s Michael Neibauer, who scours these lists for fun, first noted the mention of Thompson’s company.

But the building, located in a highly desirable downtown location, may never go to auction. City records show that the outstanding 2012 balance, along with penalties and interest, was paid off in a series of three payments between May 31 and June 4.

Thompson’s liquidity, however, is far from assured: His company has not yet made a payment on its 2013 tax bill. A first-half payment of $61,679.88 was due March 31, meaning the building could appear on the same list this time next year. That is, if the building isn’t sold first: The 1895 Beaux-Arts edifice is currently listed for $10.8 million, according to a CoStar listing — that price would represent a tidy profit over the $5.1 million the company paid in 2003.

The tax sale runs between July 15 and 17; more details can be found on the Office of Tax and Revenue’s web site.

Mike DeBonis covers local politics and government for The Washington Post. He also writes a blog and a political analysis column that runs on Fridays.
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Mike DeBonis · June 19, 2013