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Nonprofiteer
← OLD BROOKLYN COMMUNITY DEVELOPMENT CORP

Form 990 for tax year 2023

Filed by OLD BROOKLYN COMMUNITY DEVELOPMENT CORP.

Totals

Total revenue
$1,791,347
Total expenses
$1,418,181
Contributions and grants received
$1,554,158
Grants paid
$0
Program service revenue
$58,087
Investment income
$0
Other revenue
$179,102
Total assets, end of year
$2,295,879
Total liabilities, end of year
$1,485,977
Net assets or fund balances, end of year
$809,902
Program services expenses (Part IX)
$1,240,630
Management and general expenses
$137,319
Fundraising expenses
$40,232
Program service expenses (Part III)
$1,240,630

Program services were 87.5% 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)

    $1,178,956

  • 1f · All other contributions, gifts and grants

    $375,202

  • 2a · Program service revenue: NEWSPAPER ADVERTISING

    total $37,775 · unrelated business $37,775

  • 2b · Program service revenue: DEVELOPMENT FEES

    total $15,891 · related or exempt $15,891

  • 2c · Program service revenue: MISCELLANEOUS OTHER

    total $4,421 · related or exempt $4,421

  • 6a · Gross rents

    real property $99,102

  • 6c · Rental income or loss

    real property $99,102

  • 6d · Net rental income or loss

    total $99,102 · related or exempt $99,102

  • 11a · Other revenue: FORGIVENESS OF DEBT

    total $80,000 · excluded $80,000

  • 11e · Other revenue, total

    $80,000

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $95,000 · program services $88,350 · management and general $4,750 · fundraising $1,900

  • 7 · Other salaries and wages

    total $503,126 · program services $460,303 · management and general $29,642 · fundraising $13,181

  • 8 · Pension plan contributions

    total $15,396 · program services $14,123 · management and general $885 · fundraising $388

  • 9 · Other employee benefits

    total $46,768 · program services $42,899 · management and general $2,690 · fundraising $1,179

  • 10 · Payroll taxes

    total $66,569 · program services $61,063 · management and general $3,828 · fundraising $1,678

  • 11a · Fees: management

    total $243 · program services $243

  • 11c · Fees: accounting

    total $57,718 · management and general $57,718

  • 11g · Fees: other

    total $4,445 · management and general $4,445

  • 12 · Advertising and promotion

    total $35,840 · program services $29,250 · management and general $2,009 · fundraising $4,581

  • 13 · Office expenses

    total $63,304 · program services $61,444 · management and general $1,378 · fundraising $482

  • 14 · Information technology

    total $17,358 · management and general $17,358

  • 16 · Occupancy

    total $63,514 · program services $62,363 · management and general $801 · fundraising $350

  • 17 · Travel

    total $24 · management and general $24

  • 19 · Conferences, conventions and meetings

    total $1,057 · program services $969 · management and general $61 · fundraising $27

  • 20 · Interest

    total $55,984 · program services $54,027 · management and general $1,957

  • 22 · Depreciation, depletion and amortization

    total $42,739 · program services $34,434 · management and general $8,305

  • 23 · Insurance

    total $19,430 · program services $19,207 · management and general $155 · fundraising $68

  • 24a · Other expenses: PROGRAM FEES

    total $324,309 · program services $306,860 · management and general $1,131 · fundraising $16,318

  • 24b · Other expenses: STAFF DEVELOPMENT

    total $3,172 · program services $2,910 · management and general $182 · fundraising $80

  • 24c · Other expenses: BAD DEBT EXPENSE

    total $2,185 · program services $2,185

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $30,538 · end of year $38,301

  • 3 · Pledges and grants receivable

    beginning of year $123,680 · end of year $174,607

  • 4 · Accounts receivable

    beginning of year $14,551 · end of year $29,728

  • 9 · Prepaid expenses and deferred charges

    beginning of year $16,961 · end of year $16,552

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

    $1,485,141

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

    $202,989

  • 10c · Land, buildings and equipment, net

    beginning of year $1,156,860 · end of year $1,282,152

  • 15 · Other assets

    beginning of year $775,590 · end of year $754,539

  • 17 · Accounts payable and accrued expenses

    beginning of year $124,794 · end of year $240,245

  • 18 · Grants payable

    beginning of year $80,000

  • 23 · Secured mortgages and notes payable

    beginning of year $1,423,600 · end of year $1,204,296

  • 25 · Other liabilities

    beginning of year $53,050 · end of year $41,436

  • 27 · Net assets without donor restrictions

    beginning of year $372,058 · end of year $443,696

  • 28 · Net assets with donor restrictions

    beginning of year $64,679 · end of year $366,206

Mission and programs · 2023

Mission

THE MISSION OF OBCDC IS TO GROW OLD BROOKLYN THROUGH EMPOWERED PARTNERSHIPS, LEADERSHIP, PROGRAMMING, AND ADVOCACY.

  • RESIDENTIAL SERVICES OBCDC PROVIDES SERVICES TO NEIGHBORHOOD RESIDENTS. THIS IS BOTH AN EMPHASIS ON QUALITY OF LIFE ENHANCEMENTS AS WELL AS A FOCUS ON RESIDENTIAL REHABILITATION AND RENOVATIONS IN OLD BROOKLYN. WITH AN EMPHASIS ON COMMUNITY HEALTH, OBCDC ASSESSES AND INTERVENES ON THE HEALTH OF THE NEIGHBORHOOD IN RELATION TO GREENSPACE, FOOD ACCESS, TRANSPORTATION, ECONOMIC OPPORTUNITY, CHRONIC DISEASE, RESOURCE AVAILABILITY, AND SUBSTANCE USE. OBCDC CONNECTS RESIDENTS TO RESOURCES AND PROGRAMS FOR HOME REPAIR, HOSTS EDUCATIONAL CLASSES ON HOME PURCHASES AND HOME REPAIRS, COMPLETES SAFE AND SECURE REPAIRS FOR LOW-INCOME SENIOR CITIZENS, DISTRIBUTES ENERGY EFFICIENT LIGHT BULBS FOR OUTDOOR USAGE THAT PROMOTES SAFETY, ENCOURAGES PROPERTY OWNERS TO VOLUNTARILY COMPLY WITH THE CLEVELAND BUILDING CODE, MONITORS PROPERTIES THROUGH THE CLEVELAND HOUSING COURT, PROVIDES RAIN BARRELS AND STREET TREES TO HOMEOWNERS, AND ORGANIZES HOMEOWNERS AROUND SAFETY.

    Expenses $1,240,630

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Lucas Reeve

    EXECUTIVE DI

    Total calculated
    $104,117
    From this org
    $95,000
    From related orgs
    $0
    Other
    $9,117
    Hours/week
    40

  • Marlon Brown

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Katrina Homer

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    6

  • Berto Huertas

    INCOM. BOARD

    Total calculated
    $0
    Hours/week
    3

  • Gordy Jones

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Cherie Kaiser

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Andrew Katusin

    INCOM. BOARD

    Total calculated
    $0
    Hours/week
    3

  • Chris Kuhar

    EX-OFFICIO R

    Total calculated
    $0

  • Harry Quinones

    TREASURER

    Total calculated
    $0
    Hours/week
    6

  • Adam Saurwein

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Philena Seldon

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • Kate Warren

    CORPORATE SE

    Total calculated
    $0
    Hours/week
    6

  • Brendan Zak

    PRESIDENT

    Total calculated
    $0
    Hours/week
    6

  • Greg Zucca

    EX-OFFICIO R

    Total calculated
    $0

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.

  • 4274 PEARL LLC

    RENTAL RE · OH · income $93,252 · assets $967,279

    Directly controlled by OLD BROOKL YN DEVELOPMENT CORPORATION

  • 4323 PEARL LLC

    REAL ESTAT · OH

    Directly controlled by OLD BROOKL YN COMMUNITY DEVELOPMENT

  • 3426 MEMPHIS LLC

    REAL ESTAT · OH

    Directly controlled by OLD BROOKL YN COMMUNITY DEVELOPMENT

Provenance

Return type
form_990
Tax year
2023
Filed
17 October 2024
IRS schema version
2023v5.0
Source object
202403449349300615

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