2023-11-15T22:22:57-06:00 2022-12-31 760488832 MCCONNELL & JONES LLP 4828 LOOP CENTRAL DRIVE SUITE 1000 HOUSTON TX 77081 990 2022-01-01 760288037 FIFTH WARD COMMUNITY REDEVELOPMENT CORPORATION FIFT 7136740175 4300 LYONS AVENUE SUITE 300 HOUSTON TX 77020 KATHY FLANAGAN PAYTON PRESIDENT/CEO 7136740175 2023-11-15 1 KATHY FLANAGAN PAYTON XXX-XX-XXXX 0 TENE THOMAS P00849229 7139681600 2023-11-15 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z KATHY FLANAGAN PAYTON 4300 LYONS AVENUE SUITE 300 HOUSTON TX 77020 8186090 0 X WWW.FIFTHWARDCRC.ORG X 1989 TX FIFTH WARD CRC CATALYZES RESOURCES TO BUILD AND PRESERVE AN INCLUSIVE 5TH WARD COMMUNITY BY DEVELOPING PLACES AND OPPORTUNITIES FOR PEOPLE TO LIVE, WORK AND PLAY. 13 13 39 500 0 0 7368629 4985047 718183 2012203 4003 1781 156180 565720 8246995 7564751 3826288 376027 0 0 1263760 2057258 0 0 80698 1758381 3251065 6848429 5684350 1398566 1880401 11525956 13886057 4729559 5209259 6796397 8676798 FIFTH WARD CRC CATALYZES RESOURCES TO BUILD AND PRESERVE AN INCLUSIVE 5TH WARD COMMUNITY BY DEVELOPING PLACES AND OPPORTUNITIES FOR PEOPLE TO LIVE, WORK AND PLAY. 0 0 4672150 376027 2110425 FIFTH WARD CRC IS A COMPREHENSIVE REDEVELOPMENT CORPORATION THAT CONCENTRATES ITS WORK IN THE IMPOVERISHED 5TH WARD COMMUNITY AND SURROUNDING COMMUNITIES, MEETING THE NEEDS OF THE TRADITIONALLY UNDERSERVED RESIDENTS THROUGH ITS PRIMARY LINES OF BUSINESS AND PROGRAMS. THESE CORE LINES OF BUSINESS AND PROGRAMS ARE FOCUSED IN AFFORDABLE HOUSING, DISASTER RECOVERY, PUBLIC SAFETY AND JUVENILE JUSTICE, ART AND CULTURE, ECONOMIC REVITALIZATION, COMMERCIAL DEVELOPMENT, AND OTHER PROGRAMS DESIGNED TO IMPROVE THE QUALITY OF LIFE FOR LOW AND MODERATE INCOME FAMILIES. 4672150 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 41 0 1 39 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JOHN PEAVY 7136740175 4300 LYONS AVENUE HOUSTON TX 77020 CHARLES E TURNER CHAIRMAN 2.00 X 0 0 0 BRIDGETTE STEELE VICE CHAIR 2.00 X 0 0 0 ROBERT EURY EX OFFICIO 2.00 X 0 0 0 TED HAMILTON TRUSTEE 2.00 X 0 0 0 APRIL DANIEL TRUSTEE 2.00 X 0 0 0 TYRUS BRAILEY TRUSTEE 2.00 X 0 0 0 MARCUS VASQUEZ TRUSTEE 2.00 X 0 0 0 GAYILA BOLDEN TRUSTEE 2.00 X 0 0 0 BRIDGETTE DORIAN SECRETARY 2.00 X 0 0 0 SHELBY SEKALY TRUSTEE 2.00 X 0 0 0 HARVEY CLEMONS JR CHAIR EMERITUS 2.00 X 0 0 0 WILEY HENRY FOUNDER 2.00 X 0 0 0 KATHY FLANAGAN-PAYTON PRESIDENT/CEO 40.00 X X 173769 0 13500 173769 0 13500 1 0 1 0 ALL IN ONE BUILDING MAINTENANCE AND CONS 530 N SAM HOUSTON PKWY 114 HOUSTON TX 77060 HOME REPAIR 142038 1 4985047 4985047 INCOME CONTRACT 900099 2710554 2710554 PROGRAM SERVICE FEES 900099 1632027 1632027 SERVICE DELIVERY CONTRACTS 900099 -2330378 -2330378 2012203 1781 1781 1141611 621339 520272 520272 520272 OTHER INCOME 900099 45448 45448 45448 7564751 2057651 0 522053 376027 376027 196400 147300 49100 1860858 1496001 338508 26349 17937 17937 74170 74170 245763 95159 96255 54349 96581 58121 38460 129087 81781 47306 143350 143350 83248 54050 29198 COST OF CONTRACTS 1838558 1838408 150 UTILITIES 151711 99023 52688 REPAIR AND MAINTENANCE 150956 120084 30872 PROGRAM RELATED COST 143424 143424 176280 162772 13508 5684350 4672150 931502 80698 985127 940121 272215 122346 491957 2570924 1736847 584505 3215334 3522274 40242 48241 9845032 4811598 4191185 5033434 593049 1064212 11525956 13886057 298937 26424 3534736 4392397 46649 18649 849237 771789 4729559 5209259 X 6137619 6452213 658778 2224585 6796397 8676798 11525956 13886057 1880401 0 X X 0 1 X 1 0 X 5491273 1813091 3400415 7368629 5605343 23678751 697400 1048874 1807788 890367 2110425 6554854 6188673 2861965 5208203 8258996 7715768 30233605 0 466940 466940 466940 466940 29766665 427064 452843 461297 533580 1145749 3020533 427064 452843 461297 533580 1145749 3020533 2899 2899 6618636 3314808 5669500 8792576 8861517 33257037 0.89500 0.91450 0.09080 0.08410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 679787 679787 6305168 2463350 3841818 139823 139823 0 2716254 2204491 511763 4000 3934 66 5033434 CIP 613538 INTER COMPANY ADJUSTMENT 450674 1064212 LINE OF CREDIT 369100 ACCRUED INTEREST 16099 PAYABLE FOR TECHNOLOGY CENTER 141171 ACCRUED SALARIES AND RELATED EXP 122684 OTHER LIABILITIES 112424 DEPOSITS FOR PROGRAM SERVICES 10311 771789 X 8186090 621339 621339 7564751 0 7564751 6305689 621339 621339 5684350 0 5684350 PART X, LINE 2: THE CORPORATION APPLIES THE PROVISIONS OF FASB ASC TOPIC 740, INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FASB ASC TOPIC 740 ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. THE CORPORATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES 621,339. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES 621,339. 0 DISASTER RECOVERY, COVID RELIEF ASSISTANCE 81 310263 0 0 0 0 0 0 0 0 0 KATHY FLANAGAN-PAYTON PRESIDENT/CEO 173769 0 0 0 0 0 0 0 13500 0 187269 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B ELECTRONIC COPIES PROVIDED FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C A TRUSTEE HAVING A CONFLICT OF INTEREST OR A CONFLICT OF RESPONSIBILITY ON ANY MATTER INVOLVING THE CORPORATION AND ANY OTHER BUSINESS OR PERSON SHALL REFRAIN FROM VOTING ON SUCH MATTER. NO TRUSTEE, OFFICER OR EMPLOYEE SHALL USE HIS POSITION AS A TRUSTEE, OFFICER OR EMPLOYEE OF THE CORPORATION FOR HIS OWN DIRECT OR INDIRECT FINANCIAL GAIN. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS DETERMINED AND COMPARED TO INDUSTRY STANDRARDS AND BASED ON TENURE AND COMPETENCY. A BOARD SERVICE COMMITTEE REVIEWS THE COMPENSATION OF THE PRESIDENT AND CEO. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. 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