2024-03-19T10:32:52-05:00 2023-12-31 352123203 KSM BUSINESS SERVICES INC PO BOX 40857 INDIANAPOLIS IN 46240 990 2023-01-01 261595490 THE MEADOWS COMMUNITY FOUNDATION INC C/O KOSENE & KOSENE MEAD 3172370300 1500 W OAK STREET - SUITE 400 ZIONSVILLE IN 46077 DALE F DEPOY ASSISTANT TREASURER 3172371342 2024-03-18 1 DALE DEPOY 999009999 0 CASSE TATE P01271193 3175802000 2024-03-18 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z JOHN NEIGHBOURS 1500 W OAK STREET - SUITE 400 ZIONSVILLE IN 46077 49365 0 X N/A X 2008 IN THE MISSION OF THE MEADOWS COMMUNITY FOUNDATION, INC. IS TO SUPPORT QUALITY EDUCATION, RENEW PRIDE AND CONFIDENCE, PROMOTE REINVESTMENT, AND REVITALIZE THE DISTRESSED INDIANAPOLIS MEADOWS NEIGHBORHOOD AFFECTIONATELY KNOWN AS THE MEADOWS, BY CREATING COLLABORATIONS AMONG RESIDENTS, BUSINESSES, COMMUNITY LEADERS, FOUNDATIONS AND GOVERNMENTS. X 6 6 0 5 0 0 0 0 5078 471 219061 38894 10000 10000 234139 49365 0 0 0 0 3500 0 0 0 0 279971 947228 283471 947228 -49332 -897863 5390947 179736 6125668 11500 -734721 168236 X THE MISSION OF THE MEADOWS COMMUNITY FOUNDATION, INC. IS TO SUPPORT QUALITY EDUCATION, RENEW PRIDE AND CONFIDENCE, PROMOTE REINVESTMENT, AND REVITALIZE THE DISTRESSED INDIANAPOLIS MEADOWS NEIGHBORHOOD AFFECTIONATELY KNOWN AS THE MEADOWS, BY CREATING COLLABORATIONS AMONG RESIDENTS, BUSINESSES, COMMUNITY LEADERS, FOUNDATIONS AND GOVERNMENTS. 0 0 903620 471 THE ORGANIZATION PROVIDED SUPPORT FOR THE MEADOWS NEIGHBORHOOD THROUGH INVOLVEMENT IN HOUSING, EDUCATION, AND COMMUNITY LEADERSHIP. THE MEADOWS COMMUNITY FOUNDATION AND OTHER LOCAL COMMUNITY PARTNERS WANT TO IMPROVE THE LIVES OF THOSE LIVING IN THE NORTHEAST NEIGHBORHOOD KNOWN AS THE "MEADOWS." SINCE 2008 TWO CHARTER SCHOOLS, A MULTIFAMILY APARTMENT COMPLEX, AND A WELLNESS/PHYSICAL FITNESS CENTER HAVE BEEN ESTABLISHED. IMPROVEMENTS TO FACILITIES HAVE ALSO BEEN MADE. PROJECTS INCLUDE A RETAIL CENTER FEATURING SAVE-A-LOT AND GOODWILL STORES. SOME PARTNERS IN OUR EFFORTS INCLUDE: PURPOSE BUILT COMMUNITIES (THE ENTITY ALSO PROVIDING THE MODEL FOR SUCH NEIGHBORHOOD CHANGES), STRATEGIC CAPITAL PARTNERS, CITY OF INDIANAPOLIS, HEALTHNET, YMCA, UNEC, CICF, LILLY ENDOWMENT, AND UNITED WAY OF CENTRAL INDIANA. 2023 WAS A YEAR MCF CONTINUED TO REVITALIZE THE MEADOWS COMMUNITY BY TRANSITIONING THE RETAIL CENTER OWNERSHIP AND OPERATIONS TO AN ENTITY THAT WAS COMMITTED TO THE NEIGHBORHOOD AND WOULD SUSTAIN NEIGHBORHOOD STABILITY OVER THE LONG TERM. ALSO, IN 2023 CONSTRUCTION FOR QUALITY HOUSING STARTED ON LAND SOLD BY MCF AND AFFILIATES FOR SUCH A DEVELOPMENT. THIS DEVELOPMENT ALSO CAUSED NEIGHBORING HOUSING UNITS TO REVITALIZE, IMPROVING THE QUALITY OF THAT HOUSING AND THEIR RESIDENCE. CRIME IN THE AREA CONTINUES TO DECLINE DUE TO SUCH DEVELOPMENT EFFORTS. THE LAST PIECE OF LAND OWNED BY MCF, INC. AND AFFILIATES WAS SOLD TO A LOCAL BUSINESS FOR FUTURE EXPANSION FOR INCREASED EMPLOYMENT OPPORTUNITIES FOR NEIGHBORHOOD RESIDENTS. IN 2023 THE LAND WAS BEING WELL MAINTAINED ENHANCING THE BEAUTY/QUALITY OF THE NEIGHBORHOOD. NO DATE HAS BEEN SET FOR THE EXPANSION AT THIS TIME. 903620 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 IN X DALE F DEPOY 3172370300 1500 W OAK STREET - SUITE 400 ZIONSVILLE IN 46077 DALE F DEPOY ASSISTANT TREASURER 1.00 X X 10000 0 0 JOHN T NEIGHBOURS BOARD PRESIDENT 3.00 X X 0 0 0 ALBERT SMITH TREASURER 1.00 X X 0 0 0 MOIRA CARLSTED DIRECTOR 1.00 X 0 0 0 ELLEN ANNALA DIRECTOR 1.00 X 0 0 0 MARK WEBSTER DIRECTOR 1.00 X 0 0 0 10000 0 0 0 0 0 0 0 471 471 471 38894 38894 10000 0 10000 10000 10000 49365 471 0 48894 5078 5078 8625 8625 1698 1698 12929 12929 45959 45959 NET LOAN FORGIVENESS- A 668836 668836 INVESTMENT IN SUBSIDIAR 188825 188825 ABANDONMENT RELATED EXP 15278 15278 947228 903620 43608 0 229845 30870 0 1667 5064500 0 72929 0 147199 23673 0 5390947 179736 23371 11500 3883926 0 2218371 0 6125668 11500 X -734721 168236 -734721 168236 5390947 179736 X -897863 1800820 X 0 0 0 X X X 2 THE CHALLENGE FOUNDATION ACADEMY 134289579 2 1 0 0 CHARTER FOR ACCELERATED LEARNING INC DBA CHARLES A TINDLEY 352151971 2 1 0 0 2 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 SCHEDULE A, PART IV, SECTION B, QUESTION 1: THERE ARE TWO SUPPORTED ORGANIZATIONS. THE POWER TO APPOINT BOARD MEMBERS IS ALLOCATED EQUALLY AMONG THE TWO SUPPORTED ORGANIZATIONS. 0 INVESTMENT IN MCF RETAIL, LLC 147199 C 147199 INTERCO. RECEIVABLE FOR NEW MARKET TAX CREDIT LOAN FORGIVEN WITH SALE OF UNDERLYING PROPERTY AT A LOSS. 2023-12-31 5064500 COST BASIS 364814553 MCF RETAIL LLC CO KOSENE & KOSENE 1500 W OAK STREET - SUITE 400 ZIONSVILLE IN 46077 PARTNERSHIP 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE RETURN WILL BE REVIEWED BY THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE OFFICERS OF THE BOARD CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE AT THE ORGANIZATION'S OFFICES UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN INTEREST RATE SWAP -23,673. BOOK TAX DIFFERENCE ON PASSTHROUGH- MCF RETAIL, LLC 1,824,493. MCF RETAIL FINANCE SPE LLC 1500 W OAK STREET - SUITE 400 ZIONSVILLE IN 46077 261595490 OPERATION OF SHOPPING CENTER IN 32075 0 THE MEADOWS COMMUNITY FOUNDATION INC THE CHALLENGE FOUNDATION ACADEMY 3980 MEADOWS DRIVE INDIANAPOLIS IN 46205 134289579 TUITION-FREE QUALITY PUBLIC CHARTER SCHOOL IN 501(C)(3) LINE 2 N/A 0 CHARTER FOR ACCELERATED LEARNING INC DBA CHARLES A TINDLEY 3960 MEADOWS DRIVE INDIANAPOLIS IN 46205 352151971 COLLEGE-PREPATORY PROGRAM IN 501(C)(3) LINE 2 N/A 0 MCF RETAIL LLC 1500 W OAK STREET - SUITE 400 ZIONSVILLE IN 46077 364814553 OPERATION OF SHOPPING CENTER IN THE MEADOWS COMMUNITY FOUNDATION INC RELATED -188821 123205 0 0 0.90000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 MCF RETAIL LLC