2023-11-13T07:47:56-06:00 2022-12-31 381357951 PLANTE & MORAN PLLC 2601 CAMBRIDGE CT STE 300 AUBURN HILLS MI 48326 990 2022-01-01 843392213 MCC PARCEL B TITLE HOLDING CORPORATION MCCP 5173340545 502 E CESAR E CHAVEZ AVE SUITE A LANSING MI 48906 ADRIANNE JENKINS CFO/COO 5173340545 2023-11-08 1 ADRIANNE JENKINS 999009999 0 TINA PETERS P00904574 2483757100 2023-11-08 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X ADRIANNE JENKINS 502 E CESAR E CHAVEZ AVE SUITE A LANSING MI 48906 711882 0 X WWW.MICHIGANCOMMUNITYCAPITAL.ORG X 2019 MI THIS CORPORATION IS A FIXED ASSET HOLDING COMPANY WHICH OWNS PROPERTY THAT MICHIGAN COMMUNITY CAPITAL USED IN THE FULFILLMENT OF THEIR STATED MISSION. 3 2 0 0 0 0 0 0 0 0 2920 103427 0 -398659 2920 -295232 0 0 0 0 0 0 0 0 0 762 8357 762 8357 2158 -303589 19753076 25564402 18884919 25199834 868157 364568 THIS CORPORATION IS A FIXED ASSET HOLDING COMPANY WHICH OWNS PROPERTY THAT MICHIGAN COMMUNITY CAPITAL USED IN THE FULFILLMENT OF THEIR STATED MISSION. 0 0 8357 OPERATIONS PERTAINING TO THE 51,000 SQUARE FOOT MIXED-USE FACILITY LOCATED IN MT. PLEASANT, MICHIGAN CONSISTING OF AFFORDABLE HOUSING, A CO-OP GROCERY STORE, AND RELATED COMMERCIAL / RETAIL AMENITIES. 8357 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 X 3 2 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 1 1 X ANNIE JENKINS 5173340983 502 E CESAR E CHAVEZ AVE SUITE A LANSING MI 48906 ERIC HANNA PRESIDENT/BOARD MEMBER 1.50 45.00 X X 0 225426 38233 MARK MORANTE BOARD MEMBER 0.50 1.00 X 0 0 0 DANIEL LYNCH BOARD MEMBER 1.50 0.00 X 0 0 0 0 225426 38233 0 0 1 0 0 103427 103427 608455 1007114 -398659 -398659 -398659 -295232 -398659 0 103427 7520 7520 837 837 8357 8357 0 0 5886 70285 0 16909 15486120 574313 15148572 14911807 41533 4598618 10523868 19753076 25564402 3597919 44233 15280000 15280000 7000 9875601 18884919 25199834 X 868157 92889 271679 868157 364568 19753076 25564402 X -303589 -200000 X X 0 1 X 1 0 65608 65608 15186244 552227 14634017 48517 9703 38814 185751 12383 173368 14911807 CONSTRUCTION RESERVE 271680 LEASE INCENTIVE ASSET 10252188 10523868 DUE TO RELATED PARTY 7000 LEASE LIABILITY 9868601 9875601 0 0 0 ERIC HANNA PRESIDENT/BOARD MEMBER 0 225426 0 0 0 0 0 16067 0 22166 0 263659 0 0 SCHEDULE J, PART I, LINE 3 PRESIDENT IS COMPENSATED BY A RELATED ORGANIZATION, MICHIGAN COMMUNITY CAPITAL FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE MCC PARCEL B TITLE HOLDING CORPORATION IS MICHIGAN COMMUNITY CAPITAL FORM 990, PART VI, SECTION A, LINE 7A MICHIGAN COMMUNITY CAPITAL, THE SOLE MEMBER OF THE ORGANIZATION, SHALL ANNUALLY APPOINT DIRECTORS OF THE MCC PARCEL B TITLE HOLDING CORPORATION. THE APPOINTED DIRECTORS SHALL THEN SELECT THE INDEPENDENT DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS IS SENT THE 990 PRIOR TO FILING AND ENCOURAGED TO RESPOND WITH QUESTIONS OR CONCERNS. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL MEETING REQUIRES AFFIRMATION OF CONFLICTS POLICY AND ALL MEETINGS REQUIRE DISCLOSURE OF PERSONAL CONFLICT. IF IT IS DETERMINED THAT A BOARD MEMBER HAS A CONFLICT, THAT BOARD MEMBER ABSTAINS FROM VOTING ON THE ISSUE WHERE THE CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15A ONE OFFICER OF THE ORGANIZATION IS COMPENSATED BY A RELATED PARTY, MICHIGAN COMMUNITY CAPITAL. THE PRESIDENT'S PERFORMANCE REVIEW IS COMPLETED BY THE BOARD CHAIR. HE PRESENTS TO THE BOARD AT THE JUNE BOARD MEETING ANNUALLY INCLUDING A RECOMMENDATION FOR RAISE/BONUS. THE PRESIDENT LEAVES THE ROOM DURING THAT PORTION OF THE BOARD MEETING. THE FINAL DETERMINATION OF RAISE/BONUS IS EXECUTED BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 MICHIGAN COMMUNITY CAPITAL AND ITS SUBSIDIARIES, DOES NOT MAKE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: TRANSFERS TO RELATED ORGANIZATION -200,000. FORM 990, PART XII, LINE 2C: CONSOLIDATED FINANCIAL STATEMENTS WERE AUDITED BY AN INDEPENDENT ACCOUNTANT AND THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT. MICHIGAN COMMUNITY CAPITAL 502 E CESAR E CHAVEZ AVE SUITE A LANSING MI 48906 331068719 ASSIST TO DRIVE JOBS AND ECONOMIC DEVELOPMENT MI 501(C)(3) LINE 12A, I N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 MICHIGAN COMMUNITY CAPITAL S 200000 COST