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Nonprofiteer
← GREEKTOWN NEIGHBORHOOD PARTNERSHIP

Form 990 for tax year 2023

Filed by GREEKTOWN NEIGHBORHOOD PARTNERSHIP.

Totals

Total revenue
$10,638,344
Total expenses
$661,041
Contributions and grants received
$10,631,026
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$7,318
Total assets, end of year
$10,264,443
Total liabilities, end of year
$36,498
Net assets or fund balances, end of year
$10,227,945
Program services expenses (Part IX)
$587,855
Management and general expenses
$73,186
Fundraising expenses
$0
Program service expenses (Part III)
$587,855

Program services were 88.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $22,917

  • 1f · All other contributions, gifts and grants

    $10,608,109

  • 1g · Noncash contributions included above

    $1,440

  • 8a · Fundraising events: gross income

    $42,551

  • 8b · Fundraising events: direct expenses

    $38,000

  • 8c · Net income from fundraising events

    total $4,551 · excluded $4,551

  • 11a · Other revenue: REBATE INCOME

    total $2,767 · excluded $2,767

  • 11e · Other revenue, total

    $2,767

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $108,130 · program services $80,016 · management and general $28,114

  • 9 · Other employee benefits

    total $6,408 · program services $3,845 · management and general $2,563

  • 10 · Payroll taxes

    total $8,838 · program services $6,540 · management and general $2,298

  • 11c · Fees: accounting

    total $23,314 · management and general $23,314

  • 11g · Fees: other

    total $356,732 · program services $356,732

  • 22 · Depreciation, depletion and amortization

    total $2,123 · management and general $2,123

  • 23 · Insurance

    total $2,209 · program services $1,635 · management and general $574

  • 24a · Other expenses: OUTSIDE SERVICES

    total $62,221 · program services $55,999 · management and general $6,222

  • 24b · Other expenses: PR, MARKETING & COMMUNI

    total $24,467 · program services $24,467

  • 24c · Other expenses: SHUTTLE BUS PROGRAM

    total $19,776 · program services $19,776

  • 24d · Other expenses: STAKEHOLDER MEMBER PROG

    total $17,100 · program services $17,100

  • 24e · All other expenses

    total $29,723 · program services $21,745 · management and general $7,978

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $115,032 · end of year $210,046

  • 3 · Pledges and grants receivable

    beginning of year $84,840 · end of year $10,041,185

  • 4 · Accounts receivable

    beginning of year $1,000 · end of year $7,000

  • 10a · Land, buildings and equipment: cost or other basis

    $24,111

  • 10b · Land, buildings and equipment: accumulated depreciation

    $17,899

  • 10c · Land, buildings and equipment, net

    beginning of year $8,335 · end of year $6,212

  • 17 · Accounts payable and accrued expenses

    beginning of year $6,201 · end of year $11,498

  • 25 · Other liabilities

    beginning of year $0 · end of year $25,000

  • 27 · Net assets without donor restrictions

    beginning of year $76,856 · end of year $16,949

  • 28 · Net assets with donor restrictions

    beginning of year $126,150 · end of year $10,210,996

Mission and programs · 2023

Mission

THE GREEKTOWN NEIGHBORHOOD PARTNERSHIP SUPPORTS AND ENHANCES INCLUSIVE AND EQUITABLE OPPORTUNITIES FOR GROWTH WITHIN THE DISTRICT THROUGH COMMUNITY AND ECONOMIC DEVELOPMENT PROGRAMS, ALL WHILE CELEBRATING STRONG CULTURAL ROOTS.

Activities or mission (Part I)

GREEKTOWN NEIGHBORHOOD PARTNERSHIP IS A NONPROFIT ORGANIZATION DEDICATED TO THE LONG-TERM ECONOMIC AND CULTURAL VIBRANCY OF GREEKTOWN. THROUGH PARTNERSHIPS, WE ADVANCE THE EQUITABLE DEVELOPMENT OF THE DISTRICT THROUGH COMMUNITY AND ECONOMIC DEVELOPMENT PROGRAMS, ALL WHILE CELEBRATING OUR CULTURAL ROOTS.

  • ENHANCEMENT OF LONG-TERM VIABILITY OF THE GREEKTOWN DISTRICT AND ITS HISTORIC BUILDINGS.

    Expenses $587,855

As filed on the 2023 return.

Listed in Part VII

  • Athina Papas

    CHAIRPERSON/PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Anestis Teftsis

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Christos Moisides

    VICE PRESIDENT/TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Octaveious Miles

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Marvin Beatty

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Eileen Iannone

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Melanie A Markowicz

    EXECUTIVE DIRECTOR

    Total calculated
    $103,189
    From this org
    $103,189
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202403449349301030

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