2024-11-11T13:01:34-06:00 2023-12-31 364267431 PEASE BELL CPAS LLC 1111 SUPERIOR AVE E STE 2500 CLEVELAND OH 44114 990 2023-01-01 341647831 HISTORIC GATEWAY NEIGHBORHOOD CORPORATION HIST 2167711994 526 SUPERIOR AVENUE 108-F CLEVELAND OH 44114 EILEEN CASSIDY VP & COO 2167711994 2024-11-10 1 0 MARK E NOBLE P00743214 2163489600 2023 2024-10-15 13:58:12Z X MICHEAL DEEMER 526 SUPERIOR AVENUE 108-F CLEVELAND OH 44114 184379 0 X HTTP://WWW.HISTORICGATEWAY.ORG X 1988 OH THE CORPORATION WAS FOUNDED IN 1988 TO ASSIST IN THE RENOVATION OF THE EAST FOURTH HISTORIC DISTRICT IN CLEVELAND, OHIO. ITS SCOPE AND GEOGRAPHIC BOUNDARIES HAVE SINCE EXPANDED. SUPPORT AND REVENUES RECEIVED BY THE CORPORATION ARE TO BE USED TO ASSIST IN HISTORIC RENOVATION, THE ELIMINATION OF BLIGHT, TO PROMOTE RESIDENTIAL HOUSING AND TO STIMULATE ECONOMIC OPPORTUNITIES FOR ALL SEGMENTS OF SOCIETY, INCLUDING MEMBERS OF MINORITY GROUPS AND WOMEN. THE BOUNDARIES OF THE CORPORATION'S SERVICE AREA GENERALLY ENCOMPASS THE AREA BETWEEN PUBLIC SQUARE AND PLAYHOUSE SQUARE. THE WESTERN BOUNDARY IS ONTARIO, FROM SUPERIOR TO THE INNERBELT. THE SOUTHERN EDGE IS THE INNERBELT FROM ONTARIO TO EAST 14TH. THE NORTHERN BOUNDARY IS THE SOUTH SIDE OF SUPERIOR, BOTH SIDES OF EUCLID FROM EAST 9TH TO EAST 12TH, AND THE SOUTH SIDE OF PROSPECT. THE EASTERN BOUNDARY IS THE WEST SIDE OF EAST 14TH, THE IMAGINARY LINE FROM EAST 12TH AT EUCLID TO PROSPECT, AND THE WESTERN SIDE OF EAST 9TH. 12 12 0 20 0 0 65092 52324 121750 131750 0 0 6687 305 193529 184379 10640 17485 0 0 0 0 0 0 12032 188701 199394 199341 216879 -5812 -32500 1162944 1170939 4027 6913 1158917 1164026 TO PROMOTE THE CONTINUING RE-DEVELOPMENT OF A UNIQUE, HISTORIC DISTRICT IN DOWNTOWN CLEVELAND INTO A VIBRANT COMMERICAL, ENTERTAINMENT, AND RESIDENTIAL NEIGHBORHOOD. 0 0 42309 29052 PLANNING AND DEVELOPMENT - COMMUNITY DRIVEN URBAN PLANNING AND PLACEMAKING WORK THAT INCLUDES DEVELOPMENT, TECHNICAL ASSISTANCE TO BUSINESSES AND PROPERTY OWNERS/DEVELOPERS BASED ON THE IMPLEMENTATION OF THE COMMUNITY PLAN. 75003 51501 HISTORIC PRESERVATION - TECHNICAL ASSISTANCE ON HISTORIC PRESERVATION FINANCING STRATEGIES FOR THE ADAPTIVE REUSE OF OLDER BUILDINGS. WORK INCLUDES THE HISTORIC CONSERVATION EASEMENT PROGRAM. HERITAGE AND CULTURAL ADVOCACY THROUGH PROGRAMS AND ACTIVITIES LIKE TAKE A HIKE. 40386 27732 AREA-WIDE MARKETING - PROMOTION OF THE BUSINESSES AND RESIDENTIAL PROPERTIES IN THE GATEWAY DISTRICT. 34617 17485 23770 34617 17485 23770 192315 1 1 0 0 0 0 1 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 26 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 OH X DAVE BLATE 2167711994 526 SUPERIOR AVE STE 108-F CLEVELAND OH 44114 KIRA HENNESSEY PAST PRESIDENT 2.00 X 2800 0 0 CHAD ARFONS BOARD DEVELOPMENT CHAIR 2.00 X X 0 0 0 TODD BYRNS TRUSTEE 2.00 X 0 0 0 JIM FOLK TRUSTEE 2.00 X 0 0 0 MARCIE GILMORE PRESIDENT 2.00 X X 0 0 0 JEFF GLEASON TREASURER 2.00 X X 0 0 0 RICHARD SHEEHAN SECRETARY 2.00 2.00 X X 0 0 0 KIRSTYN WILDEY VICE PRESIDENT 2.00 X 0 0 0 CLIFTON HAWORTH TRUSTEE 2.00 X 2000 0 0 DOMINIQUE NELSON APR-CUR TRUSTEE 2.00 X 0 0 0 LERESE PURNELL TRUSTEE 2.00 X 0 0 0 DAVA RANGE TRUSTEE 2.00 X 0 0 0 MICHAEL DEEMER PRESIDENT & CEO 5.00 5.00 X 0 0 0 EILEEN CASSIDY VP & COO 5.00 5.00 X 0 0 0 HEATHER HOLMES JAN-MAY EXECUTIVE VICE PRESIDENT 5.00 5.00 X 0 0 0 ED ECKART SENIOR VP OF OPERATIONS 5.00 5.00 X 0 0 0 AUDREY GERLACH VP OF ECONOMIC DEVELOPMENT 5.00 5.00 X 0 0 0 DAVE BLATE VP OF FINANCE & ADMINISTRATION 5.00 5.00 X 0 0 0 4800 0 0 0 0 0 0 0 6000 46324 52324 EASEMENT FEES 531390 131750 131750 131750 MISCELLANEOUS REVENUE 900099 305 305 305 184379 132055 0 0 X 17485 17485 30648 30648 13860 11524 1168 1168 129417 110005 9706 9706 83 79 2 2 7266 5724 771 771 3079 2925 77 77 6736 6400 168 168 5603 5323 140 140 BANK FEES 2202 2202 BAD DEBT EXPENSE 500 500 216879 192315 12532 12032 817176 553775 80412 69000 250000 1665 4414 67357 53887 20206 13470 243485 280280 1162944 1170939 4027 6913 4027 6913 X 1158917 1164026 1158917 1164026 1162944 1170939 -32500 37609 0 X 0 1 X 1 0 X 152655 176665 225702 65092 52324 672438 152655 176665 225702 65092 52324 672438 70100 602338 7590 9666 2622 0 0 19878 15098 15098 4589 6687 305 11581 718995 802491 0.83770 0.85630 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2021 AMOUNT: $ 4,589. 2022 AMOUNT: $ 6,687. 2023 AMOUNT: $ 305. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 44 44 1 1 65900 67357 53887 13470 13470 BENEFICIAL INTEREST IN ASSETS HELD BY THE CLEVELAND FOUNDATION 280280 F 280280 X 221988 37609 37609 184379 0 184379 216879 0 216879 0 216879 PART II, LINE 9: THE CORPORATION IS THE HOLDER OF HISTORIC PRESERVATION EASEMENTS (THE "EASEMENTS AND THE "EASEMENT PROGRAM"). THE EASEMENTS REPRESENT A VOLUNTARY LEGAL AGREEMENT THAT PROTECTS A SIGNIFICANT HISTORIC, ARCHAEOLOGICAL, OR CULTURAL RESOURCE. THE EASEMENTS PROVIDE ASSURANCE TO THE OWNERS OF HISTORIC OR CULTURAL PROPERTY THAT THE PROPERTY'S INTRINSIC VALUES WILL BE PRESERVED THROUGH SUBSEQUENT OWNERSHIP. UNDER THE TERMS OF THE EASEMENTS, PROPERTY OWNERS GRANT A PORTION OF, OR INTEREST IN, THEIR PROPERTY RIGHTS TO THE CORPORATION WHOSE MISSION INCLUDES HISTORIC PRESERVATION. THE EASEMENTS ARE A USEFUL HISTORIC PRESERVATION TOOL IN SEVERAL RESPECTS AS THEY ALLOW AN OWNER TO RETAIN PRIVATE OWNERSHIP OF THE PROPERTY AND OBTAIN POTENTIAL FINANCIAL BENEFITS. THE EASEMENTS BIND NOT ONLY CURRENT OWNERS, BUT FUTURE OWNERS AS WELL, ENSURING THAT THE PROPERTY WILL BE MAINTAINED AND PRESERVED FOR FUTURE GENERATIONS. WHEN PROPERTY OWNERS DONATE AN EASEMENT TO THE CORPORATION, THEY MAY BE ELIGIBLE TO CLAIM A CHARITABLE DEDUCTION ON THEIR FEDERAL INCOME TAX RETURN IN ACCORDANCE WITH RULES SET BY THE INTERNAL REVENUE SERVICE. THE EASEMENTS GIVE THE CORPORATION THE LEGAL AUTHORITY AND RESPONSIBILITY TO ENFORCE THE TERMS OF THE EASEMENTS. THIS INCLUDES THE RIGHT TO INSPECT THE PROPERTY TO ENSURE THAT THE OWNER IS COMPLYING WITH THE TERMS. THE EASEMENTS TYPICALLY PROHIBIT THE OWNER FROM DEMOLISHING OR MAKING ALTERATIONS TO THE PROPERTY WITHOUT PRIOR REVIEW, CONSULTATION AND APPROVAL BY THE EASEMENT HOLDER. CURRENTLY THE CORPORATION HOLDS 44 EASEMENTS. MANAGEMENT'S ESTIMATE OF POTENTIAL FUTURE COSTS OF MAINTAINING THE EASEMENTS IS NOT MATERIAL TO THE FINANCIAL STATEMENTS. AS A RESULT, THE CORPORATION HAS NOT RECORDED A LIABILITY ON THE ACCOMPANYING STATEMENTS OF FINANCIAL POSITION; HOWEVER, THE CORPORATION DOES ANTICIPATE THAT IT WILL INCUR FUTURE LEGAL AND MAINTENANCE COSTS IN RELATION TO THE EASEMENTS AND HAS CREATED A CASH RESERVE AND DESIGNATED NET ASSETS TO FUND THESE COSTS IN THE AMOUNT OF $200,000 AT DECEMBER 31, 2023 AND 2022. THE ORGANIZATION CONTRACTS WITH PROFESSIONAL SERVICE PROVIDERS TO MONITOR, INSPECT, AND ENFORCE THE EASEMENTS. PART X, LINE 2: THE CORPORATION IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM SIMILAR STATE AND LOCAL TAXES. THE PREPARATION OF FINANCIAL STATEMENTS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE CORPORATION TO REPORT INFORMATION REGARDING ITS EXPOSURE TO VARIOUS TAX POSITIONS TAKEN BY THE CORPORATION. THE CORPORATION HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAS MEASURED THE CORPORATION'S EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE CORPORATION HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. FEDERAL AND STATE TAXING AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS OF TAX RETURNS FILED. ANY INTEREST OR PENALTIES ASSESSED TO THE CORPORATION ARE RECORDED IN EXPENSES. NO INTEREST OR PENALTIES FROM FEDERAL OR STATE TAXING AUTHORITIES WERE RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. 1 DOWNTOWN CLEVELAND ALLIANCE 668 EUCLID AVENUE SUITE 101 CLEVELAND OH 44114 341775903 501(C)(3) 16950 0 TO PROVIDE OPERATING SUPPORT. PART I, LINE 2: THE USE OF THE GRANT FUNDS IS MONITORED BY THE ORGANIZATION THROUGH THE USE OF DOCUMENTATION PROVIDED BY THE GRANTEE. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE MEMBERS AND ACCOUNTANT BEFORE BEING FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 72,605. MANAGEMENT AND GENERAL EXPENSES 6,406. FUNDRAISING EXPENSES 6,406. TOTAL EXPENSES 85,417. MANAGEMENT AND ADMINISTRATION FEES - DOWNTOWN CLEVELAND ALLIANCE: PROGRAM SERVICE EXPENSES 37,400. MANAGEMENT AND GENERAL EXPENSES 3,300. FUNDRAISING EXPENSES 3,300. TOTAL EXPENSES 44,000. HISTORIC WAREHOUSE DISTRICT DEVELOPMENT CORPORATION 668 EUCLID AVENUE SUITE 101 CLEVELAND OH 44114 341323220 HISTORIC PRESERVATION OH 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0