2024-11-13T09:41:38-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 1785 INDIAN WOOD CIRCLE MAUMEE OH 43537 990 2023-01-01 460946885 8200-8300 FRANKLIN BLVD 8200 2169619690 7812 MADISON AVE CLEVELAND OH 441024056 ELAINE GIMMEL EXECUTIVE DIRECTOR 2169619690 2024-11-11 1 1 BRITTANY MALCZEWSKI CPA P02192309 4197942000 2024-11-07 2023 2024-10-15 13:58:12Z ELAINE GIMMEL 7812 MADISON AVE CLEVELAND OH 441024056 79313 0 X N/A X 2012 OH PROVIDING LOW-INCOME HOUSING TO THE PUBLIC. 18 18 0 0 0 0 46879 44526 38942 34631 5 96 639 60 86465 79313 0 0 0 0 23355 23241 0 0 0 81160 77469 104515 100710 -18050 -21397 472596 448772 22124 19697 450472 429075 PROVIDING LOW-INCOME HOUSING TO THE PUBLIC. 0 0 92493 34691 PROVIDING LOW-INCOME HOUSING 92493 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 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 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X ELAINE GIMMEL 2169619690 7812 MADISON AVE CLEVELAND OH 44102 DR ANDREENA JACKSON BOARD MEMBER 0.00 2.00 X 0 0 0 PHILLIP STUDMIRE BOARD MEMBER 0.00 2.00 X 0 0 0 MICHELE SOMMERFELT SECRETARY 0.00 2.00 X X 0 0 0 ANDRE CAMPBELL BOARD MEMBER 0.00 2.00 X 0 0 0 JOHN MARK TICHAR PRESIDENT 0.00 2.00 X X 0 0 0 CHRISTOPHER MERTES BOARD MEMBER 0.00 2.00 X 0 0 0 SUSAN LICCIARDI BOARD MEMBER 0.00 2.00 X 0 0 0 JESSICA STONER BOARD MEMBER 0.00 2.00 X 0 0 0 MATTHEW LARGE BOARD MEMBER 0.00 2.00 X 0 0 0 KENNETH G SILLIMAN BOARD MEMBER 0.00 2.00 X 0 0 0 AMANDA J MILLER BOARD MEMBER 0.00 2.00 X 0 0 0 MATTHEW KING BOARD MEMBER 0.00 2.00 X 0 0 0 TIMOTHY WILLIAMS BOARD MEMBER 0.00 2.00 X 0 0 0 BETH ADAMS TREASURER 0.00 2.00 X X 0 0 0 NICHOLAS MCCAUSLIN BOARD MEMBER 0.00 2.00 X 0 0 0 DAWN ELLIS BOARD MEMBER 0.00 2.00 X 0 0 0 JONATHAN PETRUS VICE PRESIDENT 1.00 2.00 X X 0 144619 0 SHARON PARKS CHIEF FINANCIAL OFFICER 0.00 50.00 X 0 0 0 ELAINE GIMMEL EXECUTIVE DIRECTOR 1.00 50.00 X 0 190337 0 EMMA PETRIE BARCELONA CHIEF OPERATING OFFICER 1.00 50.00 X 0 143839 0 0 478795 0 0 0 1 0 0 44526 44526 RENTAL INCOME TENANT 531110 34631 34631 34631 96 96 OTHER TENANT INCOME 531110 60 60 60 79313 34691 0 96 17539 12631 4908 700 700 3641 3641 1361 1361 5902 5902 110 110 9674 9674 193 193 40231 40231 242 242 121 121 14137 14137 TAXES AND INSURANCE 4255 3550 705 BAD DEBT EXPENSE 2364 2364 MISC FINANCIAL EXPENSE 240 240 100710 92493 8217 0 10883 3260 28084 26036 5785 5009 511 1459 547021 135208 425950 411813 1383 1195 472596 448772 18853 18350 3271 1347 22124 19697 X -280611 -302008 731083 731083 450472 429075 472596 448772 -21397 0 X 0 1 X 1 1 1 X 60781 58005 59547 46879 44526 269738 60781 58005 59547 46879 44526 269738 269738 11 5 96 112 4099 2219 80 614 60 7072 276922 159211 0.97410 0.97330 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER TENANT INCOME - 2019 AMOUNT: $ 4,099. 2020 AMOUNT: $ 2,219. 2021 AMOUNT: $ 80. 2022 AMOUNT: $ 614. 2023 AMOUNT: $ 60. MISCELLANEOUS INCOME - REFUNDS REBATES - RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 544921 133108 411813 2100 2100 0 411813 SECURITY DEPOSITS 1195 PREPAID TENANT RENT 152 1347 X 79313 0 79313 0 79313 100710 0 100710 0 100710 PART X, LINE 2: MANAGEMENT OF THE PROJECT IS REQUIRED TO DETERMINE WHETHER A TAX POSITION OF THE PROJECT IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT IS NOT AWARE OF ANY TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY CHANGE IN THE NEXT TWELVE MONTHS. HOWEVER, MANAGEMENT'S CONCLUSIONS MAY BE SUBJECT TO REVIEW AND ADJUSTMENT AT A LATER DATE BASED ON FACTORS INCLUDING, BUT NOT LIMITED TO, NEW TAX LAWS, REGULATIONS, AND ADMINISTRATIVE INTERPRETATIONS (INCLUDING RELEVANT COURT DECISIONS). THE PROJECT'S FEDERAL TAX RETURNS FOR THE PRIOR THREE FISCAL YEARS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. 0 0 0 0 0 0 0 0 0 ELAINE GIMMEL EXECUTIVE DIRECTOR 0 190337 0 0 0 0 0 0 0 0 0 190337 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION'S SPONSOR, EMERALD DEVELOPMENT AND ECONOMIC NETWORK, PROVIDES MANAGEMENT SERVICES ON BEHALF OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S SIGNING OFFICER SCANS THE FORM 990 FOR COMPLETENESS PRIOR TO SIGNATURE. FORM 990, PART VI, SECTION C, LINE 19 OUR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. 9830 DENISON AVENUE LLC 7812 MADISON AVENUE CLEVELAND OH 44102 383721038 RENTAL OH 129181 312633 EMERALD DEVELOPMENT AND ECONOMIC NETWORK 1970 WEST 77TH STREET LLC 7812 MADISON AVENUE CLEVELAND OH 44102 300296715 PARKING OH EMERALD DEVELOPMENT AND ECONOMIC NETWORK 2219-27 PAYNE AVENUE LLC 7812 MADISON AVENUE CLEVELAND OH 44102 331144740 RENTAL OH 496595 1515513 EMERALD DEVELOPMENT AND ECONOMIC NETWORK NORTHRIDGE COMMONS LLC 7812 MADISON AVENUE CLEVELAND OH 44102 520789306 RENTAL OH 503046 1090320 EMERALD DEVELOPMENT AND ECONOMIC NETWORK EMERALD PROPERTY MANAGEMENT NETWORK LLC 7812 MADISON AVENUE CLEVELAND OH 44102 331144742 RENTAL OH EMERALD DEVELOPMENT AND ECONOMIC NETWORK EMERALD DEVELOPMENT AND ECONOMIC NETWORK 7812 MADISON AVE CLEVELAND OH 44102 341667990 LOW-INCOME HOUSING OH 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0