Totals
- Total revenue
- $572,465
- Total expenses
- $1,555,822
- Contributions and grants received
- $392,472
- Grants paid
- $9,536
- Program service revenue
- $114,750
- Investment income
- $0
- Other revenue
- $65,243
- Total assets, end of year
- $6,434,260
- Total liabilities, end of year
- $1,557,759
- Net assets or fund balances, end of year
- $4,876,501
- Program services expenses (Part IX)
- $931,984
- Management and general expenses
- $623,300
- Fundraising expenses
- $538
- Program service expenses (Part III)
- $931,984
Program services were 59.9% 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.
-
1e · Government grants (contributions)
$35,750
-
1f · All other contributions, gifts and grants
$356,722
-
1g · Noncash contributions included above
$5,788
-
2a · Program service revenue: RENTAL INCOME
total $114,750 · related or exempt $114,750
-
11a · Other revenue: DEI EDUCATION SERVICES
total $60,000 · related or exempt $60,000
-
11b · Other revenue: OTHER INCOME
total $5,243 · related or exempt $5,243
-
11e · Other revenue, total
$65,243
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $9,536 · program services $9,536
-
5 · Compensation of officers, directors and key employees
total $224,170 · program services $82,950 · management and general $141,220
-
7 · Other salaries and wages
total $466,425 · program services $258,472 · management and general $207,953
-
8 · Pension plan contributions
total $9,038 · program services $5,008 · management and general $4,030
-
9 · Other employee benefits
total $21,496 · program services $11,912 · management and general $9,584
-
10 · Payroll taxes
total $60,795 · program services $33,690 · management and general $27,105
-
11a · Fees: management
total $3,237 · management and general $3,237
-
11c · Fees: accounting
total $32,601 · management and general $32,601
-
11g · Fees: other
total $40,097 · program services $21,744 · management and general $18,353
-
12 · Advertising and promotion
total $85,038 · program services $56,099 · management and general $28,939
-
13 · Office expenses
total $36,817 · management and general $36,779 · fundraising $38
-
14 · Information technology
total $20,675 · management and general $20,675
-
16 · Occupancy
total $105,367 · program services $62,019 · management and general $43,348
-
17 · Travel
total $2,813 · management and general $2,813
-
19 · Conferences, conventions and meetings
total $2,253 · management and general $2,253
-
20 · Interest
total $42,977 · program services $42,977
-
22 · Depreciation, depletion and amortization
total $175,779 · program services $175,779
-
23 · Insurance
total $19,720 · management and general $19,720
-
24a · Other expenses: COMMUNITY - OTHER EVENT
total $81,892 · program services $81,892
-
24b · Other expenses: WINTER WONDERLAND
total $70,475 · program services $70,475
-
24c · Other expenses: PLAN ROOM
total $15,581 · program services $15,581
-
24d · Other expenses: OTHER OPERATING EXPENSE
total $14,137 · program services $3,850 · management and general $10,287
-
24e · All other expenses
total $14,903 · management and general $14,403 · fundraising $500
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,382,578 · end of year $1,845,005
-
4 · Accounts receivable
end of year $31,608
-
9 · Prepaid expenses and deferred charges
beginning of year $8,278 · end of year $9,328
-
10a · Land, buildings and equipment: cost or other basis
$5,018,541
-
10b · Land, buildings and equipment: accumulated depreciation
$470,222
-
10c · Land, buildings and equipment, net
beginning of year $4,260,463 · end of year $4,548,319
-
17 · Accounts payable and accrued expenses
beginning of year $40,262 · end of year $37,348
-
23 · Secured mortgages and notes payable
beginning of year $751,393 · end of year $720,411
-
25 · Other liabilities
beginning of year $0 · end of year $800,000
-
27 · Net assets without donor restrictions
beginning of year $5,574,664 · end of year $4,591,501
-
28 · Net assets with donor restrictions
beginning of year $285,000 · end of year $285,000
Mission and programs · 2023
Mission
ONEWEST IS A NON-PROFIT CORPORATION THAT IS ESTABLISHING NEW PATHWAYS TO PRIVATE AND PUBLIC CAPITAL IN AN EFFORT TO GENERATE SUSTAINABLE ECONOMIC DEVELOPMENT AND NEIGHBORHOOD REVITALIZATION IN WEST LOUISVILLE IN PARTNERSHIP WITH COMMUNITY RESIDENTS.
Activities or mission (Part I)
A COMMUNITY DEVELOPMENT CORPORATION DEVELOPING AND SUPPORTING PROJECTS IN THE URBAN NEIGHBORHOODS LOCATED IN THE WESTERN PORTION OF LOUISVILLE, KENTUCKY ("WEST LOUISVILLE"). THESE NEIGHBORHOODS INCLUDE ALGONQUIN, CALIFORNIA, CHICKASAW, PARK DU VALLE, PARK HILL, PARKLAND, PORTLAND, RUSSELL AND SHAWNEE NEIGHBORHOODS OF WEST LOUISVILLE.
-
THE ORGANIZATION AIMS TO STIMULATE ECONOMIC DEVELOPMENT AND COMMUNITY REVITALIZATION IN WEST LOUISVILLE, WITH A PRIMARY FOCUS ON THE BUILT ENVIRONMENT. BY FOCUSING ON LAND USE, INFRASTRACTURE NEEDS, URBAN DESIGNS, AND AN OVERALL IMPROVED "SENSE OF PLACE", ONEWEST'S GOAL IS TO BRING A SHARED PROSPERITY BACK TO WEST LOUISVILLE, WHICH IN TURN LIFTS THE ENTIRE LOUISVILLE COMMUNITY.
Expenses $916,403 · Grants $9,536 · Revenue $179,993
-
THE PLAN ROOM PROVIDES BLACK AND MINORITY BUSINESS OWNERS IN THE CONSTRUCTION INDUSTRY WITH TRAINING, MENTORSHIP, AND NETWORKING OPPORTUNITIES IN A DEDICATED SPACE IN THE WEST END COMMUNITY.
Expenses $15,581
As filed on the 2023 return.
Listed in Part VII
-
Dreema JacksonDREEMA JACKSON
BOARD MEMBER / COMMUNITY ENGAGEMENT CONSULTANT
- Total calculated
- $23,500
- From this org
- $23,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3
-
Nikki LanierNIKKI LANIER
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Howard HollomanHOWARD HOLLOMAN
BOARD VICE CHAIR / TREASURER
- Total calculated
- $0
- Hours/week
- 4
-
Darnell McCoyDARNELL MCCOY
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Brian PhillipsBRIAN PHILLIPS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Marilyn HarrisMARILYN HARRIS
DIRECTOR - METRO DESIGNEE
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey GardnerJEFFREY GARDNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jessica JacksonJESSICA JACKSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John McCarthyJOHN MCCARTHY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Judy SchroederJUDY SCHROEDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kahlila SharasikaKAHLILA SHARASIKA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kimberly HalbauerKIMBERLY HALBAUER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Louis StraubLOUIS STRAUB
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Maureen BrekkaMAUREEN BREKKA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nicole YatesNICOLE YATES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Paul CostelPAUL COSTEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David SnardonDAVID SNARDON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steve PoeSTEVE POE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Donna PurvisDONNA PURVIS
DIRECTOR - METRO COUNCIL DESIGNEE
- Total calculated
- $0
- Hours/week
- 1
-
Douglas Craddock JrDOUGLAS CRADDOCK JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert SpringfieldROBERT SPRINGFIELD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tom MurroTOM MURRO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Myra RockMYRA ROCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brenda BurneyBRENDA BURNEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rick Smith SrRICK SMITH SR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Diane WhitlockDIANE WHITLOCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Karen BowieKAREN BOWIE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Evon J SmithEVON J SMITH
PRESIDENT & CEO
- Total calculated
- $200,670
- From this org
- $183,280
- From related orgs
- $0
- Other
- $17,390
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $183,280
- Bonus
- $0
- Other
- $0
- Deferred
- $5,248
- Nontaxable benefits
- $12,142
- Filer's total
- $200,670
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
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.
-
OW HOLDINGS LLC
REAL ESTATE INVESTMENTS · KY · income $3,518 · assets $97,913
Directly controlled by ONEWEST CORPORATION
-
OW BROADWAY HOLDINGS LLC
REAL ESTATE HOLDINGS · KY · income -$59,487 · assets $5,791,789
Directly controlled by ONEWEST CORPORATION
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403189349307645
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