2023-11-15T12:47:28-06:00 2022-12-31 311119890 Barnes Dennig & Co LTD 8470 Allison Pointe Blvd Suite 200 Indianapolis IN 46250 990 2022-01-01 352003744 Englewood Community Development Corp ENGL 3176391541 57 North Rural Street Indianapolis IN 462013207 Michael J Bowling II Executive Director 3176391541 2023-11-15 1 Michael Bowling II 999009999 0 Paula Hume P00537516 3175721130 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Michael J Bowling II 57 North Rural Street Indianapolis IN 462013207 6782384 0 X n/a X 1996 IN Englewood Community Development Corporation strives to nurture and embody love of neighbor in the areas of affordable housing, economic development, and comprehensive community development on the Near Eastside of Indianapolis. 9 9 37 120 0 0 1655493 5173595 831672 1563931 31416 15785 123944 29073 2642525 6782384 0 0 0 0 900849 900796 0 0 0 1623857 4942382 2524706 5843178 117819 939206 23355303 23294411 4537113 7190459 18818190 16103952 X Englewood Community Development Corporation strives to nurture and embody love of neighbor in the areas of affordable housing, economic development, and comprehensive community development on the Near Eastside of Indianapolis. 0 0 770993 792886 Affordable Housing - ECDC is a committed partner and leader in a variety of place-based, comprehensive community development initiatives. 3889875 708843 Economic Development - ECDC has focused on the development of vacant and occupied properties within the Englewood Neighborhood, for use as rental, homeownership, and commercial use. Grant funded construction expenditures have been capitalized. 351697 12440 Congregational Engagement - ECDC works with congregations in Indianapolis and across North America who desire to cultivate a deeper life together that overflows into tangible love for the communities in which they are embedded. 43851 49762 Collective Impact - ECDC is a committed partner and leader in a variety of place-based, comprehensive community development initiatives. Neighboring (or Community Engagement) - ECDC strives to improve the quality of life for its neighbors, both youth and adults, through fitness, work, play, hands-on learning opportunities, access to high-quality schools and family support. 43851 49762 5056416 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 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 16 0 1 37 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 IN X Michael J Bowling II 3176391541 57 North Rural Street Indianapolis IN 46201 Susan Adams President 3.00 X X 0 0 0 Matt Hostetler Vice President - Exited 4/22 3.00 X X 0 0 0 Ted Burks Treasurer 3.00 X X 0 0 0 Laretta Benjamin Secretary 3.00 X X 0 0 0 Humberto Ramirez Director 3.00 X 0 0 0 Curtis Kester Director 3.00 X 0 0 0 Anthony Jackson Director 3.00 X 0 0 0 Shadreck Kamwendo Director 3.00 X 0 0 0 Kevin Lines Director 3.00 X 0 0 0 Chenita Gray Director - Started 4/22 3.00 X 0 0 0 Michael J Bowling II Executive Director 40.00 X 54930 0 0 54930 0 0 0 0 0 0 0 441937 4597192 134466 79000 5173595 Affordable Housing 531310 792886 792886 Economic Development 531110 708843 708843 Collective Impact 531310 49762 49762 Congregational Engagem 531110 12440 12440 1563931 15785 15785 Bookstore 459210 16887 16887 Miscellaneous Income 900099 8011 8011 Insurance Reimbursemen 900099 4175 4175 29073 6782384 1563931 0 44858 54930 24977 29953 742467 337604 404863 40070 40070 63329 28332 34997 190278 137834 52444 127432 63085 64347 2651585 2605038 46547 152365 152712 -347 150842 137251 13591 88049 65652 22397 Project Development Cos 1113438 1113438 Other 468393 390493 77900 5843178 5056416 786762 0 2586270 4000561 277481 735976 731252 741786 15139 15139 11235 21605 5518886 784588 3781939 4734298 9675 8745 15942312 13036301 23355303 23294411 959409 920754 728761 1429557 2848943 3956568 0 883580 4537113 7190459 X 18818190 16103952 18818190 16103952 23355303 23294411 X 939206 -3653444 X X 0 1 X 1 1 1 X 2374422 2825443 2737528 1655493 5173595 14766481 2374422 2825443 2737528 1655493 5173595 14766481 1618164 13148317 23500 28064 14152 4068 15785 85569 125114 190 119324 48945 29073 322646 15174696 4594886 0.86650 0.84040 X Schedule A, Part II, Line 10, Explanation of Other Income: Miscellaneous Income - 2018 Amount: $ 4,653. 2019 Amount: $ 190. 2020 Amount: $ 11,762. 2021 Amount: $ 48,945. 2022 Amount: $ 29,073. Vending - 2018 Amount: $ 1,226. Recycling Scrap - 2018 Amount: $ 17. Reimbursed Expenses - Insurance Reimbursement - 2018 Amount: $ 3,385. Capstone - Religious - Capstone - Non religious - Loan Forgiveness - 2018 Amount: $ 100,000. Transfer of Land - 2018 Amount: $ 15,833. Utility Rebate - 2020 Amount: $ 107,562. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 113448 113448 4880786 615409 4265377 151067 50355 100712 176460 118824 57636 197125 197125 4734298 Invt. in Partnerships - All Entities 11494469 Related Party Receivables 672450 Right of Use Asset 869382 13036301 Lease Liability 878601 Security Deposits 4979 883580 X 8827903 2231446 2231446 6596457 185927 185927 6782384 11108860 5319386 5319386 5789474 53704 53704 5843178 Part X, Line 2: ECDC is a tax-exempt organization, as defined by Internal Revenue Code Section 501(C)(3); therefore, no expense or liability has been recognized for income taxes in the accompanying financial statements. SLFI is taxed as a partnership. No provision for income taxes has been included in these financial statements since taxable income or losses pass through to, and are reportable by, the individual partners. Englewood CW, Inc., Oxford Place Senior Apartments GP, LLC, Parker Place GP, LLC, St Lucas Lofts GP, LLC, and Compass on Washington GP, LLC are taxed as a C-corps. All remaining subsidiaries are included in the exempt return for ECDC. Management believes that ECDC has adequately addressed all relevant tax positions and that there are no material unrecorded tax liabilities. Part XI, Line 2d - Other Adjustments: Income from audit reported on other tax filings 2,231,446. Part XI, Line 4b - Other Adjustments: K-1 Passthrough Adjustment -4,565. Reclass expenses netted against revenue 53,704. Reclass of Eliminated Revenue 136,788. Part XII, Line 2d - Other Adjustments: Expenses from audit reported on other tax filings 3,144,287. Valuation reduction of low income housing project 2,175,099. Part XII, Line 4b - Other Adjustments: Reclass expenses netted against revenue 53,704. X 1 79000 FMV 0 0 0 0 Form 990, Part VI, Section B, line 11b Englewood Community Development Corporation's Form 990 and all related schedules, statements and attachments are reviewed and approved by the Executive Director, applicable officers and appropriate representative(s) from the Board of Director's Executive Committee prior to finalizing and filing these tax returns with the Internal Revenue Service. Form 990, Part VI, Section B, line 12c Englewood Community Development Corporation annually requests each officer and member of the Board of Directors complete a conflict of interest policy questionnaire. The policy includes statements regarding other employment, being related to anyone on the board or staff and other items that may create an appearance of a potential independence issue. The identification, evaluation and resolution of those issues are discussed with the appropriate level of management or members of the Board of Directors. Form 990, Part VI, Section B, line 15 Englewood Community Development Corporation's Board of Directors determine and sets the Executive Director's compensation rates, which are based on periodic through reviews of all related issues, salary surveys. consultation with independent persons, review of comparable data and deliberation. Any Board member whom is not independent regarding the position or compensation rate being considered does not participate in these discussions and abstains from voting on this issue. Form 990, Part VI, Section C, line 19 Englewood Community Development Corporation makes its governing documents, conflict of interest policy and financial statements, as applicable, available to the public upon written request made to the attention of our Executive Director and received at our corporate office address. Form 990, Part XI, line 9: 2021 Passthrough Income 30,377. Investment in Englewood Sustainable Ventures -1,513,287. 2022 Passthrough Income 4,565. Valuation reduction of low income housing project -2,175,099. Form 990, Part XII, Line 2C: No changes in process from the prior year. Oxford Flats LLC 57 N Rural Street Indianapolis IN 46201 475252221 Low Income Housing IN 106274 1649727 Englewood Community Development Corporation Englewood Sustainable Ventures LLC 57 N Rural Street Indianapolis IN 46201 475263493 Investment in other Entities IN 0 1513287 Englewood Community Development Corporation Providence Place 57 N Rural Street Indianapolis IN 46201 871595573 Low Income Housing IN 0 201944 Englewood Community Development Corporation Sustainable Local Foods Indiana LLC 57 N Rural Street Indianapolis IN 46201 474015438 Hydroponic Farm - Agriculture IN Englewood Community Development Corporation Related 1062 768112 0 0 0.88500 Sawtooth LLC 57 N Rural Street Indianapolis IN 46201 352003744 Low Income Housing IN Englewood Community Development Corporation Related 1299 561 0 0 0.51000 Phillip Rogers LLC 57 N Rural Street Indianapolis IN 46201 352003744 Low Income Housing IN Englewood Community Development Corporation Related 1659 72235 0 0 0.51000 PR Mallory LLC 57 N Rural Street Indianapolis IN 46201 824887571 Low Income Housing IN N/A 0 0 Oxford Place Senior Apartments LP 57 N Rural Street Indianapolis IN 46201 364793607 Low Income Housing IN Oxford Place Senior Apartments GP LLC Related -23 -115 0 0 0.00010 Commonwealth Apartments LP 57 N Rural Street Indianapolis IN 46201 274034393 Low Income Housing IN Englewood CW Inc Related -32 -279 0 0 0.00010 Parker Place LP 57 N Rural Street Indianapolis IN 46201 821303993 Low Income Housing IN Parker Place GP LLC Related -22 57 0 0 0.00010 PR Mallory Dino Manager 57 N Rural Street Indianapolis IN 46201 842633393 Low Income Housing IN N/A 0 0 PR Mallory MT LLC 57 N Rural Street Indianapolis IN 46201 841861587 Low Income Housing IN N/A 0 0 St Lucas Lofts LP 57 N Rural Street Indianapolis IN 46201 842010587 low Income Housing IN St Lucas Lofts GP related 0 0 0.99990 Inspire 10th Street LLC 2236 East 10th Street Indianapolis IN 46201 821442542 Low Income Housing IN Englewood Community Development Corporation Related 2390 13243 0 0 0.30000 Clifford Corners LP 57 N Rural Street Indianapolis IN 46201 611666927 Low Income Housing IN Clifford Corners Inc Related -17 -112682 0 0 0.00010 Passage Indy LP 57 N Rural Street Indianapolis IN 46201 853878891 Low Income Housing IN Passage Indy GP LLC Related 3779 0 0 PR Mallory Leverage Lender LLC 57 North Rural Street Indianapolis IN 46201 841841838 Lending funds for Mallory projec IN Investment -5624 1756603 0 0 0.51000 Compass on Washington LP 57 North Rural Street Indianapolis IN 46201 862523686 Low Income Housing IN Compass on Washington GP LLC Related 0 0 Englewood Homes LP 57 North Rural Street Indianapolis IN 46201 873869588 Low Income Housing IN Englewood Homes GP LLC Related 0 0 St Lucas Lofts Apartments LP 57 North Rural Street Indianapolis IN 46201 862654894 Low Income Housing IN St Lucas Lofts GP Related 0 0 PR Mallory MM LLC 57 North Rural Street Indianapolis IN 46201 841808551 GP of PRM project IN Englewood Community Development Corporation C 78096 12051807 0.51000 1 Englewood CW Inc 57 North Rural Street Indianapolis IN 46201 274023636 Low-Income Housing IN Englewood Community Development Corporation C -381 1.00000 1 Oxford Place Senior Apartments GP LLC 57 North Rural Street Indianapolis IN 46201 471816798 Low-Income Housing IN Englewood Community Development Corporation C -110 1.00000 1 Parker Place GP LLC 57 North Rural Street Indianapolis IN 46201 821303740 Low-Income Housing IN Englewood Community Development Corporation C 57 1.00000 1 St Lucas Lofts GP 57 North Rural Street Indianapolis IN 46201 842017768 Low-Income Housing IN Englewood Community Development Corporation C 100 1.00000 1 Clifford Corners Inc 57 North Rural Street Indianapolis IN 46201 273120381 Low-Income Housing IN Englewood Community Development Corporation C 0.51000 1 Passage Indy GP LLC 57 North Rural Street Indianapolis IN 46201 853835895 Low-Income Housing IN Englewood Community Development Corporation C 60200 1.00000 1 Compass on Washington GP LLC 57 North Rural Street Indianapolis IN 46201 862506965 Low-Income Housing IN Englewood Community Development Corporation C 75100 1.00000 1 Englewood Homes GP LLC 57 North Rural Street Indianapolis IN 46201 873886774 Low-Income Housing IN Englewood Community Development Corporation C 50 1.00000 1 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 Oxford Place Senior Apartments LP L 236250 FMV Clifford Corners Apts LP L 58913 FMV CommonWealth Apts LP L 93449 FMV Oxford Place Senior Apts LP L 64027 FMV Parker Place LP L 83909 FMV PR Mallory MT LLC L 136789 FMV Passage Indy LP C 79000 FMV Oxford Place Senior Apartments LP D 350000 Cost Oxford Flats LLC D 97978 Cost St Lucas Lofts LP D 372988 Cost Passage Indy LP D 500000 Cost