2023-11-15T10:14:22-06:00 2022-12-31 943108253 NOVOGRADAC & COMPANY LLP 3025 NORTH WOOSTER AVENUE DOVER OH 44622 990 2022-01-01 455423994 CINTRIFUSE CINT 5132462700 1311 VINE STREET CINCINNATI OH 45202 DOUG FLEMING CFO 5132462700 2023-11-15 1 DOUG FLEMING XXX-XX-XXXX 0 FRANK BUSS II P00441804 3303655400 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z PETER BLACKSHAW 1311 VINE STREET CINCINNATI OH 45202 3725567 0 X WWW.CINTRIFUSE.COM X 2012 OH TO CULTIVATE, ACCELERATE AND PROMOTE THE FORMATION OF BUSINESS, CREATION OF JOBS AND ASSIST IN THE REVITALIZATION OF THE CINCINNATI REGION AND TO CONDUCT ACTIVITIES CONSISTENT WITH SUCH PURPOSES. 32 32 48 75 0 0 2931542 2613625 321999 134436 -51161 339964 14555685 637542 17758065 3725567 84000 3625 0 0 1447726 1849441 0 0 20465 11621071 1074486 13152797 2927552 4605268 798015 9097086 9930758 391877 511454 8705209 9419304 TO CULTIVATE, ACCELERATE AND PROMOTE THE FORMATION OF BUSINESS, CREATION OF JOBS AND ASSIST IN THE REVITALIZATION OF THE CINCINNATI REGION AND TO CONDUCT ACTIVITIES CONSISTENT WITH SUCH PURPOSES. 0 0 1532667 3625 110444 STARTUP, VENTURE & INNOVATION PROGRAMS - CINTRIFUSE ENABLES THE ACTIVATION, DEVELOPMENT, AND GROWTH OF STARTUPS BY STRATEGICALLY LEVERAGING AND CONNECTING A NETWORK OF PARTNERS, ALL COMMITTED TO EXPANDING INNOVATION AND ENTREPRENEURSHIP ACROSS THE REGION. THE ORGANIZATION PROVIDES A REGIMEN OF EDUCATIONAL AND PROGRAMMATIC SERVICES TO ENTREPRENEURS AND START-UPS INCLUDING SPEAKER SERIES, INNOVATION EXCHANGES AND DEVELOPMENT. FOR VENTURE CAPITAL FUNDS THAT COME TO THE GREATER CINCINNATI AREA, THE ORGANIZATION PROVIDES AN INTRODUCTION TO THE ECOSYSTEM, BY PROVIDING CONNECTIONS TO START-UPS, AND ESTABLISHED COMPANIES, BY PROVIDING WORKSHOPS RELATING TO VALUATION AND OTHER ISSUES TO GET COMPANIES, WHO ARE SEED STAGE TO SERIES B STAGE, READY FOR THE CONVERSATIONS WITH POTENTIAL FUNDERS. 676772 635216 UNION HALL - THE ORGANIZATION PROVIDES OFFICE SPACE IN A DOWNTOWN CINCINNATI LOCATION, WITH PROXIMITY TO OTHER ENTREPRENEURS, FOR START-UP ENTITIES TO HAVE ACCESS TO OTHER START-UPS ALLOWING FOR COLLABORATION AND TO PROMOTE TEAMS. HIGH SPEED WIRELESS INTERNET AND OTHER COMMON AMENITIES ARE PROVIDED WITHIN THE SPACE. 2209439 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 28 0 1 48 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 32 32 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 OH X DOUG FLEMING 5132462700 1311 VINE STREET CINCINNATI OH 45202 GUY PERSAUD BOARD CHAIR 2.00 X 0 0 0 JAMES ZIMMERMAN ESQ SECRETARY 2.00 X X 0 0 0 BETH LEWIS TREASURER 8.00 X X 0 0 0 JAMES ANDERSON BOARD MEMBER 2.00 X 0 0 0 RYAN HAYS BOARD MEMBER 2.00 X 0 0 0 MARK FAHNER BOARD MEMBER 2.00 X 0 0 0 JIM FITZGERALD BOARD MEMBER 2.00 X 0 0 0 AFTAB PUREVAL BOARD MEMBER 2.00 X 0 0 0 WARREN WEBER BOARD MEMBER 2.00 X 0 0 0 BONNIE GLEAVES BOARD MEMBER 2.00 X 0 0 0 GARY LINDGREN BOARD MEMBER 2.00 X 0 0 0 DAVID CANNADY BOARD MEMBER 2.00 X 0 0 0 RAJA RAJAMANNAR BOARD MEMBER 2.00 X 0 0 0 J SCOTT ROBERTSON BOARD MEMBER 2.00 X 0 0 0 THOMAS WILLIAMS BOARD MEMBER 2.00 X 0 0 0 TIM SCHIGEL BOARD MEMBER 2.00 X 0 0 0 BRIAN HODGETT BOARD MEMBER 2.00 X 0 0 0 GREG CRAWFORD BOARD MEMBER 2.00 X 0 0 0 ROBERT KALUTKIEWICZ BOARD MEMBER 2.00 X 0 0 0 TAREK KAMIL BOARD MEMBER 2.00 X 0 0 0 ROD ROBINSON BOARD MEMBER 2.00 X 0 0 0 ANDREW MICHELMAN BOARD MEMBER 2.00 X 0 0 0 LISA MULLANEY BOARD MEMBER 2.00 X 0 0 0 ASHISH VAIDYA BOARD MEMBER 2.00 X 0 0 0 CANDACE MCGRAW BOARD MEMBER 2.00 X 0 0 0 PAUL JENNY BOARD MEMBER 2.00 X 0 0 0 MIKE ZELKIND BOARD MEMBER 2.00 X 0 0 0 MELISSA STEVENS BOARD MEMBER 2.00 X 0 0 0 STEPHANIE JENKINS BOARD MEMBER 2.00 X 0 0 0 JEREMY VAUGHAN BOARD MEMBER 2.00 X 0 0 0 JOHN GAVIGAN BOARD MEMBER 2.00 X 0 0 0 ANU VORA BOARD MEMBER 2.00 X 0 0 0 RYAN KEAN BOARD MEMBER 2.00 X 0 0 0 HEATHER QUINLEY BOARD MEMBER 2.00 X 0 0 0 STEPHANIE HOGUE BOARD MEMBER 2.00 X 0 0 0 PATRICK LONGO BOARD MEMBER 2.00 X 0 0 0 PETER BLACKSHAW CEO 40.00 X 417013 0 21527 ALISA SMITH DIRECTOR 40.00 X 186600 0 2573 MARK WOOD MANAGER 40.00 X 137514 0 12551 LAUREN NICOLE BOEHMKER EMPLOYEE 40.00 X 142896 0 9368 DONNA ZARING EMPLOYEE 40.00 X 144583 0 2344 JUAN S GARCIA SERRANO EMPLOYEE 40.00 X 0 107000 2336 1028606 107000 50699 6 0 1 1 0 5945 1237490 1370190 2613625 MANAGEMENT FEE 541610 24000 24000 110436 110436 134436 339964 339964 635216 0 635216 635216 635216 MISCELLANEOUS INCOME 900099 2326 2326 2326 3725567 771978 0 339964 3625 3625 814125 482456 316708 14961 800047 650887 145157 4003 128717 96789 31504 424 106552 78811 26664 1077 298546 225906 72640 15000 4098 10902 28638 28638 39854 31493 8361 36442 34125 2317 142498 127046 15452 184641 184641 8607 3218 5389 102283 98652 3631 120441 112691 7750 33047 26213 6834 MISCELLANEOUS EXPENSES 64457 48788 15669 BAD DEBT EXPENSE 32 32 2927552 2209439 697648 20465 1741386 2987897 544367 518175 3265 0 98804 60708 3679730 202244 3550504 3477486 1266957 1523002 0 31428 1891803 1332062 9097086 9930758 116402 199363 110436 51300 165039 260791 391877 511454 X 8705209 9419304 8705209 9419304 9097086 9930758 798015 -83920 X X 0 1 X 1 0 X 2741204 2589808 2365366 2931542 2613625 13241545 662365 681672 603731 774111 339964 3061843 3403569 3271480 2969097 3705653 2953589 16303388 1604415 1691156 1864914 2080271 2113463 9354219 251119 7041 258160 1604415 1691156 1864914 2331390 2120504 9612379 6691009 163282 478731 420259 -51161 339964 1351075 163282 478731 420259 -51161 339964 1351075 2326 2326 3566851 3750211 3389356 3654492 3295879 17656789 0.37890 0.23730 0.07650 0.03310 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: CREDIT CARD REWARDS - 2022 AMOUNT: $ 2,326. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3500000 102612 3397388 179730 99632 80098 3477486 1523002 C 1523002 DUE FROM AFFILIATES 1232308 OTHER ASSETS 100000 EMPLOYEE RECEIVABLES -246 1332062 CREDIT CARD PAYABLE 28883 ACCRUED PAYROLL LIABILITIES 230130 ACCRUED EXPENSES 1778 260791 4009817 284250 284250 3725567 0 3725567 3211802 284250 284250 2927552 0 2927552 0 0 1 0 0 0 0 0 0 PETER BLACKSHAW CEO 365000 0 52013 0 0 0 15228 0 6299 0 438540 0 0 0 ALISA SMITH DIRECTOR 165000 0 21600 0 0 0 2573 0 0 0 189173 0 0 0 LAUREN NICOLE BOEHMKER EMPLOYEE 135583 0 7313 0 0 0 6635 0 2733 0 152264 0 0 0 MARK WOOD MANAGER 122079 0 15435 0 0 0 5131 0 7420 0 150065 0 0 0 DONNA ZARING EMPLOYEE 144583 0 0 0 0 0 2344 0 0 0 146927 0 0 0 JUAN S GARCIA SERRANO EMPLOYEE 0 100000 0 7000 0 0 0 2336 0 0 0 109336 0 0 PART I, LINE 4C LINE 4C: PETER BLACKSHAW - $365,000 FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE ORGANIZATION SHALL BE THOSE PERSONS WHO SERVE AS DIRECTORS AND THEIR RESPECTIVE MEMBERSHIPS SHALL LAST DURING THEIR RESPECTIVE TERMS OF OFFICE AS DIRECTORS. THE DIRECTORS SHALL HAVE ALL THE RIGHTS AND PRIVILEGES OF MEMBERS AS ARE PROVIDED UNDER OHIO NONPROFIT ORGANIZATION LAW INCLUDING SECTION 1702.14 OF THE OHIO REVISED CODE. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S GOVERNING BODY RECRUITS NEW AND REPLACEMENT GOVERNING BODY MEMBERS, AS WELL AS OFFICERS FOR THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE CEO, SECRETARY, AND TREASURER WILL REVIEW THE 990 AND SHARE THE 990 AND THE ADDITIONAL FEEDBACK WITH THE ORGANIZATION'S GOVERNING BODY BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE GOVERNING BODY OF THE ORGANIZATION MUST AGREE TO ABIDE BY THE ORGANIZATION'S BYLAWS. THE CONFLICT OF INTEREST IS EMBEDDED IN THE BYLAWS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTIONS OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE OR SHE SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. A. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING, BUT AFTER SUCH PRESENTATION, HE OR SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. B. THE CHAIR OF THE BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO OBTAIN APPROPRIATE DATA AS TO COMPARABLE TRANSACTIONS AND INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. APPROPRIATE DATA AS TO COMPENSATION SHALL INCLUDE COMPENSATION DATA FROM THREE COMPARABLE ORGANIZATIONS IN THE GEOGRAPHIC AREA FOR SIMILAR SERVICES. APPROPRIATE DATA AS TO A PROPERTY TRANSACTION MAY INCLUDE INDEPENDENT APPRAISALS AND/OR OFFERS RECEIVED AS PART OF AN OPEN AND COMPETITIVE BIDDING PROCESS. C. THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTERESTS, FOR ITS OWN BENEFIT, AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE ORGANIZATION AND SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION'S CEO WENT THROUGH THEIR PROCESS OF DETERMINING COMPENSATION BY INCLUDING A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. FORM 990, PART XI, LINE 9 ADJUSTMENT MADE TO ADJUST THE NET ASSETS TO ACCOUNT FOR PRIOR YEAR ADJUSTMENTS. OPA LABS LLC 1311 VINE STREET SECOND FLOOR CINCINNATI OH 45202 371753796 VENTURE CAPITAL OH 0 177039 CINTRIFUSE HOLDINGS LLC CINTRIFUSE SYNDICATE FUND I LLC 1311 VINE STREET SECOND FLOOR CINCINNATI OH 45202 300755589 VENTURE CAPITAL OH N/A 0 0 CINTRIFUSE SYNDICATE FUND II LLC 1311 VINE STREET SECOND FLOOR CINCINNATI OH 45202 821408029 VENTURE CAPITAL OH N/A 0 0 CINTRIFUSE FUND MANAGEMENT LLC 1311 VINE STREET SECOND FLOOR CINCINNATI OH 45202 371753796 VENTURE CAPITAL OH N/A N/A 0 0 CINTRIFUSE FUND MANAGEMENT II LLC 1311 VINE STREET SECOND FLOOR CINCINNATI OH 45202 371753796 VENTURE CAPITAL OH N/A N/A 0 0 CINTRIFUSE HOLDINGS LLC 1311 VINE STREET SECOND FLOOR CINCINNATI OH 45202 371753796 INVESTMENTS: FUND MANAGEMENT I & II, CINTRIFUSE INNOVATION HUB, OPA LABS OH CINTRIFUSE C 385519 1852014 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 1 CINTRIFUSE FUND MANAGEMENT LLC (SINGLE MEMBER LLC OF CINTRIFUSE HOLDINGS) Q 369230 COST CINTRIFUSE FUND MGMT II LLC (SINGLE MEMBER LLC OF CINTRIFUSE HOLDINGS) Q 189082 COST CINTRIFUSE FUND MANAGEMENT LLC (SINGLE MEMBER LLC OF CINTRIFUSE HOLDINGS) O 345443 ACCRUAL CINTRIFUSE FUND MGMT II LLC (SINGLE MEMBER LLC OF CINTRIFUSE HOLDINGS) O 212565 ACCRUAL CINTRIFUSE FUND MANAGEMENT LLC (SINGLE MEMBER LLC OF CINTRIFUSE HOLDINGS) S 1295304 COST