2024-11-15T13:13:19-06:00 2023-12-31 470574775 FRANKEL LLC 11404 WEST DODGE RD SUITE 700 OMAHA NE 681542576 990 2023-01-01 474677824 HIGHLANDER PHASE I QALICB INC HIGH 4025022770 2112 NORTH 30TH STREET 200 OMAHA NE 68111 CYDNEY FRANKLIN PRESIDENT 4025022770 2024-11-15 1 0 GAIL ENDORF P01390588 4024969100 2023 2024-10-15 13:58:12Z X CYDNEY FRANKLIN 2112 NORTH 30TH STREET 200 OMAHA NE 68111 23599456 0 X N/A X 2015 NE TO FACILITATE THE CREATION OF HEALTHY, SUSTAINABLE, MIXED-INCOME COMMUNITIES IN THE HIGHLANDER NEIGHBORHOOD OF NORTH OMAHA AND TO EXPAND ACCESS TO QUALITY SCHOOLS, RECREATIONAL FACILITIES, RETAIL OPERATIONS, AND OTHER AMENITIES TO ATTRACT NEW PUBLIC AND PRIVATE INVESTMENT IN THE AREA. X 5 4 0 0 0 0 0 0 737820 23599194 418 262 0 0 738238 23599456 0 22295342 0 0 0 0 0 0 0 1305450 307253 1305450 22602595 -567212 996861 23789899 0 24786760 0 -996861 0 X TO HOLD TITLE TO REAL PROPERTY IN THE HIGHLANDER NEIGHBORHOOD, COLLECT INCOME AND RETURN THE NET INCOME TO SEVENTY-FIVE NORTH REVITALIZATION CORPORATION, AND SUPPORT CHARITABLE PURPOSES BY FACILITATING A HEALTHY NEIGHBORHOOD WITH QUALITY AMENITIES. 0 1 RENTAL OF THE ACCELERATOR FACILITY LOCATED AT 2112 NORTH 30TH STREET IN OMAHA, NEBRASKA 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 1 1 0 1 0 0 0 1 0 0 0 0 0 0 X THE ORGANIZATION 4025022770 2112 NORTH 30TH STREET SUITE 200 OMAHA NE 68111 CYDNEY FRANKLIN PRESIDENT 5.00 40.00 X X 0 193921 8882 OTHELLO H MEADOWS III SECRETARY 5.00 X X 0 0 0 THOMAS WARREN DIRECTOR 1.00 X 0 0 0 RONDAE HILL DIRECTOR 1.00 X 0 0 0 KENNY MCMORRIS DIRECTOR 1.00 X 0 0 0 0 193921 8882 0 0 1 0 0 CLOSEOUT OF TAX CREDITS 531120 23476918 23476918 ACCELERATOR FACILITY 531120 122276 122276 23599194 262 262 23599456 23599194 0 262 22295342 22998 12994 44930 226331 22602595 0 92993 0 0 0 0 0 0 0 0 0 0 19527084 0 0 0 0 0 4169822 0 23789899 0 23262443 0 1524317 0 24786760 0 X -996861 0 -996861 0 23789899 0 996861 0 X 0 1 X 0 0 0 X PART X, LINE 2: THE FOOTNOTE RELATED TO UNCERTAIN TAX POSITIONS PRESENTED IN THE CONSOLIDATED FINANCIAL STATEMENTS WHICH INCLUDE THIS ORGANIZATION READS AS FOLLOWS: QALICB IS GENERALLY EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(2) OF THE U.S. INTERNAL REVENUE CODE. ACCORDINGLY, NO INCOME TAXES ARE INCLUDED IN THESE FINANCIAL STATEMENTS. ACCOUNTING STANDARDS REQUIRE DISCLOSURE AND RECOGNITION IN FINANCIAL STATEMENTS OF POSITIONS TAKEN IN A TAX RETURN ABOUT THE TREATMENT OF TRANSACTIONS AND EVENTS THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. TAX POSITIONS RELATIVE TO A NOT-FOR-PROFIT ORGANIZATION INCLUDE ACTIVITIES THAT MAY ENDANGER ITS EXEMPT PURPOSE AND STATUS AS AN EXEMPT ORGANIZATION. THE CORPORATION BELIEVES IT COMPLIES WITH ALL RELEVANT TAX LAWS AND REGULATIONS AND HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS; ACCORDINGLY, NO LIABILITY IS RECORDED FOR UNCERTAIN TAX POSITIONS. 0 SEVENTY-FIVE NORTH REVITALIZATION CORPORATION 2112 NORTH 30TH STREET SUITE 200 OMAHA NE 68111 273842950 501(C)(3) 2970997 19324345 NET BOOK VALUE LAND AND DEPRECIABLE ASSETS CLOSEOUT OF TAX CREDITS 1 0 0 0 0 CYDNEY FRANKLIN PRESIDENT 0 193921 0 0 0 0 0 689 0 8193 0 202803 0 0 PROPERTY AND ASSETS AT 2112 NORTH 30TH STREET, OMAHA, NE 68111 2023-03-31 19324345 ESTIMATED VALUE OF THE PROPERTY AND ASSOCIATED ASSETS 273842950 SEVENTY-FIVE NORTH REVITALIZATION CORPORATION 2112 NORTH 30TH STREET SUITE 200 OMAHA NE 68111 501(C)(3) 0 0 0 0 1 0 0 1 0 FORM 990, PART III, LINE 3 AFTER THE BENEFIT OF TAX CREDITS WERE REALIZED, THE LOANS THAT SUPPORTED CONSTRUCTION OF THE ACCELERATOR BUILDING WERE FORGIVEN AND THE ASSETS WERE TRANSFERRED TO SEVENTY-FIVE NORTH REVITALIZATION CORPORATION, A RELATED PARTY, TO CONTINUE THE PROGRAM OPERATIONS. FORM 990, PART VI, SECTION A, LINE 6 SEVENTY-FIVE NORTH REVITALIZATION CORPORATION IS THE SOLE MEMBER OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER HAS THE POWER TO ELECT THREE OF THE FIVE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN WAS PROVIDED TO THE PRESIDENT FOR REVIEW AND DISTRIBUTION TO THE BOARD FOR COMMENTS PRIOR TO FILING. UPON APPROVAL, THE FORM 990 WAS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS NO EMPLOYEES. AS SUCH, NO PROCESS FOR DETERMINING COMPENSATION IS NECESSARY. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. SEVENTY-FIVE NORTH REVITALIZATION CORPORATION 2112 NORTH 30TH STREET SUITE 200 OMAHA NE 68111 273842950 REVITALIZATION TO BREAK THE POVERTY CYCLE IN THE HIGHLANDER NEIGHBORHOOD NE 501(C)(3) LINE 7 N/A 0 HIGHLANDER DEVELOPMENT CO 2112 NORTH 30TH STREET SUITE 200 OMAHA NE 68111 854310393 FINANCE, DEVELOP AND OPERATE LOW INCOME HOUSING DEVELOPMENTS NE 501(C)(3) LINE 7 SEVENTY-FIVE NORTH REVITALIZATION CORPORATION 0 75NHP1 LLC 2112 NORTH 30TH STREET SUITE 200 OMAHA NE 68111 352563983 MANAGEMENT OF PROGRAM HOUSING NE N/A C 0 75NHP4 LLC 2112 NORTH 30TH STREET SUITE 200 OMAHA NE 68111 880561701 MANAGEMENT OF PROGRAM HOUSING NE N/A C 0 75NKSE LLC 2112 NORTH 30TH STREET SUITE 200 OMAHA NE 68111 921155838 MANAGEMENT OF PROGRAM HOUSING NE N/A C 0 75NHPV LLC 2112 NORTH 30TH STREET SUITE 200 OMAHA NE 68111 932381475 MANAGEMENT OF PROGRAM HOUSING NE N/A C 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 1 0