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Nonprofiteer
← DAYTON REGION NEW MARKET FUND LLC

Form 990 for tax year 2025

Filed by DAYTON REGION NEW MARKET FUND LLC.

Totals

Total revenue
$4,233,999
Total expenses
$1,545,481
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$3,940,401
Investment income
$293,598
Other revenue
$0
Total assets, end of year
$32,796,688
Total liabilities, end of year
$18,386,866
Net assets or fund balances, end of year
$14,409,822
Program services expenses (Part IX)
$1,401,539
Management and general expenses
$143,942
Fundraising expenses
$0
Program service expenses (Part III)
$1,401,539

Program services were 90.7% 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: LOAN AND DEVELOPER FEE

    total $3,890,401 · related or exempt $3,890,401

  • 2b · Program service revenue: CONTRACT REVENUE

    total $50,000 · related or exempt $50,000

  • 3 · Investment income

    total $293,598 · related or exempt $116 · excluded $293,482

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $4,163 · program services $4,163

  • 11c · Fees: accounting

    total $17,075 · management and general $17,075

  • 11g · Fees: other

    total $77,027 · program services $77,027

  • 12 · Advertising and promotion

    total $1,000 · program services $1,000

  • 13 · Office expenses

    total $391 · program services $391

  • 17 · Travel

    total $2,196 · program services $2,196

  • 19 · Conferences, conventions and meetings

    total $1,370 · program services $1,370

  • 20 · Interest

    total $177,709 · program services $177,709

  • 24a · Other expenses: ALL OTHER EXPENSES

    total $1,264,550 · program services $1,137,683 · management and general $126,867

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $13,857,855 · end of year $20,267,499

  • 7 · Other notes and loans receivable

    beginning of year $8,934,556 · end of year $11,935,037

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,625

  • 12 · Investments: other securities

    beginning of year $273,385 · end of year $500,618

  • 13 · Investments: program-related

    beginning of year $19,598 · end of year $18,233

  • 15 · Other assets

    beginning of year $82,438 · end of year $75,301

  • 17 · Accounts payable and accrued expenses

    beginning of year $21,381 · end of year $135,012

  • 19 · Deferred revenue

    beginning of year $29,760 · end of year $65,256

  • 23 · Secured mortgages and notes payable

    beginning of year $5,389,950 · end of year $12,101,994

  • 25 · Other liabilities

    beginning of year $6,009,062 · end of year $6,084,604

  • 27 · Net assets without donor restrictions

    beginning of year $11,321,353 · end of year $14,369,315

  • 28 · Net assets with donor restrictions

    beginning of year $399,951 · end of year $40,507

Mission and programs · 2025

Mission

TO SERVE AND PROVIDE INVESTMENT CAPITAL FOR LOW-INCOME PERSONS AND COMMUNITIES.

Activities or mission (Part I)

TO PROMOTE ECONOMIC DEVELOPMENT IN VARIOUS OHIO LOW-INCOME COMMUNITIES.

  • THE COMPANY IS THE MANAGING MEMBER FOR DAYTON REGION NEW MARKET FUND F, DAYTON REGION NEW MARKET FUND G, LLC, DAYTON REGION NEW MARKET FUND H, LLC, DAYTON REGION NEW MARKET FUND I, LLC, DAYTON REGION NEW MARKET FUND J, LLC, DAYTON REGION NEW MARKET FUND K, LLC, DAYTON REGION NEW MARKET FUND L, LLC, DAYTON REGION NEW MARKET FUND M, LLC, DAYTON REGION NEW MARKET FUND N, LLC, DAYTON REGION NEW MARKET FUND O, LLC, DAYTON REGION NEW MARKET FUND P, LLC, DAYTON REGION NEW MARKET FUND Q, LLC, DAYTON REGION NEW MARKET FUND R, LLC, DAYTON REGION NEW MARKET FUND T, LLC, DAYTON REGION NEW MARKET FUND U, LLC, DAYTON REGION NEW MARKET FUND V, LLC, DAYTON REGION NEW MARKET FUND S, DAYTON REGION NEW MARKET FUND W, DAYTON REGION NEW MARKET FUND X, AND DAYTON REGION NEW MARKET FUND Y, DAYTON REGION NEW MARKET FUND Z WHICH PROVIDE INVESTMENT CAPITAL TO QUALIFIED LOW-INCOME COMMUNITY BUSINESSES PURSUANT TO THE NEW MARKETS TAX CREDIT PROGRAM.

    Expenses $1,401,539 · Revenue $3,940,517

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Roddell McCullough

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Todd Pleiman

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Terri Bethel

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Shelley Dickstein

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Frank Petrie

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Daniel Kane

    PRESIDENT

    Total calculated
    $270,174
    From this org
    $0
    From related orgs
    $220,969
    Other
    $49,205
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $203,469 related
    Bonus
    $0 + $17,500 related
    Other
    $0
    Deferred
    $0 + $21,326 related
    Nontaxable benefits
    $0 + $27,879 related
    Filer's total
    $0 + $270,174 related

  • Karen Demasi

    ASSISTANT SECRETARY

    Total calculated
    $172,743
    From this org
    $0
    From related orgs
    $151,619
    Other
    $21,124
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $139,119 related
    Bonus
    $0 + $12,500 related
    Other
    $0
    Deferred
    $0 + $12,293 related
    Nontaxable benefits
    $0 + $8,831 related
    Filer's total
    $0 + $172,743 related

  • Rosalie Gehrich

    CFO/ASST TREASURER

    Total calculated
    $136,172
    From this org
    $0
    From related orgs
    $125,139
    Other
    $11,033
    Hours/week
    1 + 40 related

  • Jessica Troll

    ASSISTANT TREASURER

    Total calculated
    $108,246
    From this org
    $0
    From related orgs
    $85,598
    Other
    $22,648
    Hours/week
    1 + 40 related

  • Shane Wilken

    VP LENDING AND DEVELOPMENT FINANCE

    Total calculated
    $170,948
    From this org
    $0
    From related orgs
    $150,909
    Other
    $20,039
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $145,659 related
    Bonus
    $0 + $5,250 related
    Other
    $0
    Deferred
    $0 + $12,227 related
    Nontaxable benefits
    $0 + $7,812 related
    Filer's total
    $0 + $170,948 related

  • Janet White

    VP OF HOUSING & ECONOMIC DEV. SERVICES

    Total calculated
    $117,964
    From this org
    $0
    From related orgs
    $107,951
    Other
    $10,013
    Hours/week
    1 + 40 related

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

None.

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

The filer's explanations (Part III)

PART I, LINE 1A
CITYWIDE'S EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE COMPENSATION OF THE INDIVIDUALS LISTED ON PART VII SECTION A.
PART I, LINE 3
CITYWIDE IS THE RELATED ORGANIZATION THAT ESTABLISHES COMPENSATION.

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

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.

Related partnerships

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

  • DAYTON REGION NEW MARKET FUND F LLC

    RELATED · TO SERVE AND PROVIDE INVESTMENT CAPITAL TO LOW-INCOME COMMUNITIES & PEOPLE · OH · 0.01% owned · share of income $1 · general or managing partner

    Directly controlled by YES

  • DAYTON REGION NEW MARKET FUND G LLC

    RELATED · TO SERVE AND PROVIDE INVESTMENT CAPITAL TO LOW-INCOME COMMUNITIES & PEOPLE · OH · 0.01% owned · share of income $2 · general or managing partner

    Directly controlled by YES

  • DAYTON REGION NEW MARKET FUND H LLC

    RELATED · TO SERVE AND PROVIDE INVESTMENT CAPITAL TO LOW-INCOME COMMUNITIES & PEOPLE · OH · 0.01% owned · share of income $4 · share of assets $801 · general or managing partner

    Directly controlled by YES

  • DAYTON REGION NEW MARKET FUND I LLC

    RELATED · TO SERVE AND PROVIDE INVESTMENT CAPITAL TO LOW-INCOME COMMUNITIES & PEOPLE · OH · 0.01% owned · share of income $1 · general or managing partner

    Directly controlled by YES

  • DAYTON REGION NEW MARKET FUND J LLC

    RELATED · TO SERVE AND PROVIDE INVESTMENT CAPITAL TO LOW-INCOME COMMUNITIES & PEOPLE · OH · 0.01% owned · share of income $3 · share of assets $801 · general or managing partner

    Directly controlled by YES

  • DAYTON REGION NEW MARKET FUND K LLC

    RELATED · TO SERVE AND PROVIDE INVESTMENT CAPITAL TO LOW-INCOME COMMUNITIES & PEOPLE · OH · 0.01% owned · share of income $2 · share of assets $401 · general or managing partner

    Directly controlled by YES

  • DAYTON REGION NEW MARKET FUND L LLC

    RELATED · TO SERVE AND PROVIDE INVESTMENT CAPITAL TO LOW-INCOME COMMUNITIES & PEOPLE · OH · 0.01% owned · share of assets $801 · general or managing partner

    Directly controlled by YES

  • DAYTON REGION NEW MARKET FUND M LLC

    RELATED · TO SERVE AND PROVIDE INVESTMENT CAPITAL TO LOW-INCOME COMMUNITIES & PEOPLE · OH · 0.01% owned · share of income $5 · share of assets $881 · general or managing partner

    Directly controlled by YES

  • DAYTON REGION NEW MARKET FUND N LLC

    RELATED · TO SERVE AND PROVIDE INVESTMENT CAPITAL TO LOW-INCOME COMMUNITIES & PEOPLE · OH · 0.01% owned · share of income $8 · share of assets $1,373 · general or managing partner

    Directly controlled by YES

  • DAYTON REGION NEW MARKET FUND O LLC

    RELATED · TO SERVE AND PROVIDE INVESTMENT CAPITAL TO LOW-INCOME COMMUNITIES & PEOPLE · OH · 0.01% owned · share of income $4 · share of assets $787 · general or managing partner

    Directly controlled by YES

  • DAYTON REGION NEW MARKET FUND P LLC

    RELATED · TO SERVE AND PROVIDE INVESTMENT CAPITAL TO LOW-INCOME COMMUNITIES & PEOPLE · OH · 0.01% owned · share of income $7 · share of assets $1,183 · general or managing partner

    Directly controlled by YES

  • DAYTON REGION NEW MARKET FUND Q LLC

    RELATED · TO SERVE AND PROVIDE INVESTMENT CAPITAL TO LOW-INCOME COMMUNITIES & PEOPLE · OH · 0.01% owned · share of income $5 · share of assets $885 · general or managing partner

    Directly controlled by YES

  • DAYTON REGION NEW MARKET FUND R LLC

    RELATED · TO SERVE AND PROVIDE INVESTMENT CAPITAL TO LOW-INCOME COMMUNITIES & PEOPLE · OH · 0.01% owned · share of income $7 · share of assets $1,287 · general or managing partner

    Directly controlled by YES

  • DAYTON REGION NEW MARKET FUND T LLC

    RELATED · TO SERVE AND PROVIDE INVESTMENT CAPITAL TO LOW-INCOME COMMUNITIES & PEOPLE · OH · 0.01% owned · share of income $36 · share of assets $1,779 · general or managing partner

    Directly controlled by YES

  • DAYTON REGION NEW MARKET FUND U LLC

    RELATED · TO SERVE AND PROVIDE INVESTMENT CAPITAL TO LOW-INCOME COMMUNITIES & PEOPLE · OH · 0.01% owned · share of income $7 · share of assets $1,285 · general or managing partner

    Directly controlled by YES

  • DAYTON REGION NEW MARKET FUND V LLC

    RELATED · TO SERVE AND PROVIDE INVESTMENT CAPITAL TO LOW-INCOME COMMUNITIES & PEOPLE · OH · 0.01% owned · share of income $8 · share of assets $1,387 · general or managing partner

    Directly controlled by YES

  • DAYTON REGION NEW MARKET FUND W LLC

    RELATED · TO SERVE AND PROVIDE INVESTMENT CAPITAL TO LOW-INCOME COMMUNITIES & PEOPLE · OH · 0.01% owned · share of income $7 · share of assets $1,244 · general or managing partner

    Directly controlled by YES

  • DAYTON REGION NEW MARKET FUND X LLC

    RELATED · TO SERVE AND PROVIDE INVESTMENT CAPITAL TO LOW-INCOME COMMUNITIES & PEOPLE · OH · 0.01% owned · share of income $5 · share of assets $895 · general or managing partner

    Directly controlled by YES

  • DAYTON REGION NEW MARKET FUND Y LLC

    RELATED · TO SERVE AND PROVIDE INVESTMENT CAPITAL TO LOW-INCOME COMMUNITIES & PEOPLE · OH · 0.01% owned · share of income $5 · share of assets $846 · general or managing partner

    Directly controlled by YES

  • DAYTON REGION NEW MARKET FUND S LLC

    RELATED · TO SERVE AND PROVIDE INVESTMENT CAPITAL TO LOW-INCOME COMMUNITIES & PEOPLE · OH · 0.01% owned · share of income $4 · share of assets $795 · general or managing partner

    Directly controlled by YES

  • DAYTON REGION NEW MARKET FUND Z LLC

    RELATED · TO SERVE AND PROVIDE INVESTMENT CAPITAL TO LOW-INCOME COMMUNITIES & PEOPLE · OH · 0.01% owned · share of assets $800 · general or managing partner

    Directly controlled by YES

Provenance

Return type
form_990
Tax year
2025
Filed
8 July 2026
IRS schema version
2025v4.2
Source object
202611919349301306

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