Totals
- Total revenue
- -$130,880
- Total expenses
- $375,268
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $46,764
- Investment income
- -$177,644
- Other revenue
- $0
- Total assets, end of year
- $2,426,578
- Total liabilities, end of year
- $6,975
- Net assets or fund balances, end of year
- $2,419,603
- Program services expenses (Part IX)
- $366,546
- Management and general expenses
- $8,722
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $366,546
Program services were 97.7% 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.
-
2a · Program service revenue: RENTAL REVENUE
total $46,764 · related or exempt $46,764
-
3 · Investment income
total $5,802 · related or exempt $5,802
-
7a · Gross sales of assets other than inventory
other assets $3,095,040
-
7b · Less cost or other basis and sales expenses
other assets $3,278,486
-
7c · Gain or loss
other assets -$183,446
-
7d · Net gain or loss
total -$183,446 · related or exempt -$183,446
Functional expenses
Part IX, the statement of functional expenses.
-
11b · Fees: legal
total $2,504 · management and general $2,504
-
11c · Fees: accounting
total $1,580 · management and general $1,580
-
13 · Office expenses
total $386 · management and general $386
-
16 · Occupancy
total $308,392 · program services $308,392
-
19 · Conferences, conventions and meetings
total $349 · management and general $349
-
22 · Depreciation, depletion and amortization
total $58,154 · program services $58,154
-
23 · Insurance
total $1,394 · management and general $1,394
-
24a · Other expenses: BANK FEES
total $2,509 · management and general $2,509
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $670,622 · end of year $1,599,715
-
4 · Accounts receivable
beginning of year $1,660 · end of year $261
-
5 · Loans and receivables from officers and key people
end of year $251,354
-
10a · Land, buildings and equipment: cost or other basis
$461,364
-
10b · Land, buildings and equipment: accumulated depreciation
$18,798
-
10c · Land, buildings and equipment, net
beginning of year $2,039,709 · end of year $442,566
-
13 · Investments: program-related
beginning of year $228,123 · end of year $132,682
-
17 · Accounts payable and accrued expenses
beginning of year $4,368 · end of year $6,975
-
25 · Other liabilities
beginning of year $9,995 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $2,925,751 · end of year $2,419,603
Mission and programs · 2022
Mission
TO ACQUIRE, ASSEMBLE AND DISPOSE OF LAND TO FACILITATE DOWNTOWN ECONOMIC DEVELOPMENT.
Activities or mission (Part I)
TO ACQUIRE, ASSEMBLE AND DISPOSE OF LAND TO FACILITATE DOWNTOWN ECONOMIC DEVELOPMENT
-
LEASE AND MAINTAIN PROPERTIES IN THE INNER CITY TO ENCOURAGE ECONOMIC DEVELOPMENT. SELL AND REINVEST IN PROPERTIES IN THE DOWNTOWN AREA FOR ECONOMIC DEVELOPMENT.
Expenses $366,546 · Revenue -$130,880
As filed on the 2022 return.
Listed in Part VII
-
Bradley BeldenBRADLEY BELDEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Theodore V BoydTHEODORE V BOYD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Steve CoonSTEVE COON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Maxwell DeubleMAXWELL DEUBLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jeff FloydJEFF FLOYD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
David N GrabowskyDAVID N GRABOWSKY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Charles H HooverCHARLES H HOOVER
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Michael KingMICHAEL KING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Thomas A KolpTHOMAS A KOLP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Janelle LeeJANELLE LEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mike LevyMIKE LEVY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Gregory W LuntzGREGORY W LUNTZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Edmond MackEDMOND MACK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Ronald J ManseRONALD J MANSE
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Tonja MarshallTONJA MARSHALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Rod A MooreROD A MOORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Kevin PeteKEVIN PETE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Dennis P SaunierDENNIS P SAUNIER
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
William T SchauerWILLIAM T SCHAUER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Susan SteinerSUSAN STEINER
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Robert TimkenROBERT TIMKEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jeff DaflerJEFF DAFLER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 20
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
- 2022
- Filed
- 14 April 2023
- IRS schema version
- 2022v5.0
- Source object
- 202301079349301335
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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