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Nonprofiteer
← OUR CITY READING INC

Form 990 for tax year 2022

Filed by OUR CITY READING INC.

Totals

Total revenue
$1,689,681
Total expenses
$457,021
Contributions and grants received
$209,269
Grants paid
$0
Program service revenue
$0
Investment income
$499,274
Other revenue
$981,138
Total assets, end of year
$67,946,619
Total liabilities, end of year
$15,640,599
Net assets or fund balances, end of year
$52,306,020
Program services expenses (Part IX)
$396,535
Management and general expenses
$60,486
Fundraising expenses
$0
Program service expenses (Part III)
$396,535

Program services were 86.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JAMES BOSCOV

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    3
  • MICHAEL EHLERMAN

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5
  • JOHN CONNELLY

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    5
  • CRAIG POOLE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • KEN CHRISTIAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • TIMOTHY J DALEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • JACK GULATI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • THOMAS MCMAHON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • DR JEROME MARCUS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • KEN PICK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • TODD TAYLOR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • AL WEBER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • SCOTT W ZUIDEMA ESQ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • MICHELLE DUPELL

    CONTROLLER

    Total calculated
    $0
    Hours/week
    10

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • READING BUTTONWOOD GATEWAY GROUP LLC

    REAL ESTATE · PA · income $0 · assets $0

    Directly controlled by OUR CITY READING INC

  • GOGGLE WORKS SHOPS LLC

    REAL ESTATE · PA · income $24,578 · assets -$1,544,098

    Directly controlled by OUR CITY READING INC

  • READING REVIVAL LLC

    REAL ESTATE (INACTIVE) · PA · income $0 · assets $0

    Directly controlled by OUR CITY READING INC

  • GOGGLEWORKS ARTISTS HOUSING LLC

    REAL ESTATE · PA · income -$22,553 · assets -$189,875

    Directly controlled by OUR CITY READING INC

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • GOGGLE WORKS APARTMENTS LLC

    UNRELATED · REAL ESTATE · PA · 0.01% owned · share of income -$112 · share of assets -$1,479 · general or managing partner

    Directly controlled by OUR CITY READING

  • READING HOSPITALITY LLC

    UNRELATED · REAL ESTATE - HOTEL · PA · 0.01% owned · share of income -$127 · share of assets $18,331,794 · general or managing partner

    Directly controlled by OUR CITY READING

  • READINGS FUTURE LLC

    UNRELATED · REAL ESTATE MANAGEMENT · FL · 99.99% owned · share of income -$2,174 · share of assets -$1 · general or managing partner

    Directly controlled by OUR CITY READING

  • PENN SQUARE MT LP

    UNRELATED · REAL ESTATE · PA · 99% owned · general or managing partner

    Directly controlled by OUR CITY READING

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2022
Filed
7 November 2023
IRS schema version
2022v5.0
Source object
202303199349308050

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