2024-04-12T11:46:43-05:00 2023-12-31 943108253 NOVOGRADAC & COMPANY LLP 601 SW 2ND AVE SUITE 1150 PORTLAND OR 97204 990 2023-01-01 462994673 CIVIC NEW MARKETS SUPPORT CORPORATION I CIVI 2125717260 180 VARICK STREET SUITE 1414 NEW YORK NY 10014 DAVID UMANSKY PRESIDENT 2125717260 2024-04-12 1 DAVID UMANSKY XXX-XX-XXXX 0 NICOLO PINOLI P00853443 5038212700 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z DAVID UMANSKY 180 VARICK STREET SUITE 1414 NEW YORK NY 10014 1419798 0 X N/A X 2013 NY SEE ATTACHMENT 3 3 0 0 0 0 0 0 1385172 1419798 0 0 0 0 1385172 1419798 180000 500000 0 0 0 0 0 0 0 989187 977731 1169187 1477731 215985 -57933 13922790 13892267 11332986 11198160 2589804 2694107 TO ASSIST NOT-FOR-PROFIT CHARTER SCHOOL OPERATORS IN THE DEVELOPMENT OF NEW SCHOOL FACILITIES BY HOLDING A LEASEHOLD INTEREST IN PROPERTY WHICH WILL THEN BE DEVELOPED AS NEW CHARTER SCHOOLS. 0 0 1477731 500000 1419798 THE CORPORATION WAS FORMED FOR THE PURPOSE OF ASSISTING NOT-FOR-PROFIT CHARTER SCHOOL OPERATORS IN THE DEVELOPMENT OF NEW SCHOOL FACILITIES BY HOLDING A LEASEHOLD INTEREST IN PROPERTY WHICH WILL THEN BE DEVELOPED AS NEW CHARTER SCHOOLS. 1477731 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 NY X CIVIC NEW MARKETS SUPPORT CORPORATION I 2125717260 180 VARICK STREET SUITE 1414 NEW YORK NY 10014 X DAVID UMANSKY PRESIDENT 1.00 X 0 0 0 FAYE PREMER VICE PRESIDENT AND TREASUR 1.00 X 0 0 0 RAJEEV BAJAJ SECRETARY 1.00 X 0 0 0 0 0 0 0 0 0 0 0 RENTAL INCOME 531120 1419798 1419798 1419798 1419798 1419798 0 0 500000 500000 252991 252991 264963 264963 276953 276953 33325 33325 REPAIRS & MAINTENANCE 71442 71442 MANAGEMENT FEES 56792 56792 PROFESSIONAL FEES 21000 21000 BANK SERVICE CHARGES 240 240 25 25 1477731 1477731 0 0 111553 117149 333733 397629 1357625 1847814 9846231 2634016 7508607 7212215 307357 295184 4303915 4022276 13922790 13892267 34843 34214 7032728 6852111 4265415 4311835 11332986 11198160 X 2589804 2694107 2589804 2694107 13922790 13892267 X -57933 162236 X X 0 1 X 1 0 X X 1 CIVIC BUILDERS INC 043635313 10 1 500000 0 1 500000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 X 1 1 FORM 990, SCHEDULE A, PART IV, SECTION E, LINE 2A THE SUPPORTED ORGANIZATION IS IDENTIFIED ON SCHEDULE A, PART I. THE ORGANIZATION HAS THE SAME MISSION AS ITS SUPPORTED ORGANIZATION BY ASSISTING NOT-FOR-PROFIT CHARTER SCHOOL OPERATORS IN THE DEVELOPMENT OF NEW SCHOOL FACILITIES. FORM 990, SCHEDULE A, PART IV, SECTION E, LINE 2B THE ORGANIZATION'S INVOLVEMENT WITH THE SUPPORTED ORGANIZATION IS REQUIRED BY THE NEW MARKETS TAX CREDIT PROGRAM REGULATIONS. THE SUPPORTED ORGANIZATION WOULD HAVE ENGAGED IN THE SAME ACTIVITIES IN ANOTHER MANNER IF NOT FOR THE ROLE OF THE ORGANIZATION. 9846231 2634016 7212215 7212215 SECURITY DEPOSIT 41305 INTEREST RATE SWAP 861795 RIGHT-OF-USE ASSET 3119176 4022276 TENANT SECURITY DEPOSIT 366616 LEASE LIABILITY 3914206 TENANT CAPITAL RESERVE 31013 4311835 1897527 477729 477729 1419798 0 1419798 1793224 570353 570353 1222871 254860 254860 1477731 PART XI, LINE 2D - OTHER ADJUSTMENTS: BOOK/TAX RENTAL REVENUE DIFFERENCE 477,729. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOK/TAX DEPRECIATION DIFFERENCE 50,236. BOOK/TAX RIGHT-OF-USE ASSET AMORTIZATION DIFFERENCE 128,185. BOOK/TAX INTEREST EXPENSE (LEASE LIABILITY) DIFFERENCE 235,515. BOOK/TAX UNREAL GAIN INTEREST SWAP DIFFERENCE 156,417. PART XII, LINE 4B - OTHER ADJUSTMENTS: BOOK/TAX AMORTIZATION DIFFERENCE 1,865. BOOK/TAX INTEREST DIFFERENCE 4. BOOK/TAX RENT EXPENSE DIFFERENCE 252,991. 0 CIVIC BUILDERS INC 180 VARICK STREET SUITE 1414 NEW YORK NY 10014 043635313 501(C)(3) 500000 0 TO SUPPORT CIVIC BUILDERS, INC. IN ITS MISSION TO SUPPORT CHARTER SCHOOLS. CIVIC BUILDERS INC A DIRECTOR IS THE CEO OF THE INTERESTED PERSON 500000 GRANT EXPENSE 0 FORM 990 PART I(1) STATEMENT THE CORPORATION'S PRIMARY MISSION IS TO ASSIST NOT-FOR-PROFIT CHARTER SCHOOL OPERATORS IN THE DEVELOPMENT OF NEW SCHOOL FACILITIES BY HOLDING TITLE TO PROPERTY WHICH WILL THEN BE DEVELOPED AS NEW CHARTER SCHOOLS. CONSISTENT WITH ITS MISSION, THE PURPOSE FOR WHICH THIS CORPORATION IS FORMED ARE EXCLUSIVELY CHARITABLE, SCIENTIFIC, OR EDUCATIONAL WITHIN THE MEANING OF SECTION 501(C)(3) OF THE CODE. 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 ORGANIZATION HAS PROVIDED COPIES OF FORM 990 TO ALL MEMBERS OF ITS GOVERNING BODY BEFORE FILING FORM 990. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER IS PROVIDED A COPY OF THE POLICY ANNUALLY AND IT IS REVIEWED AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE CORPORATION WILL PROVIDE ITS GOVERNING DOCUMENT, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: BOOK/TAX DEPRECIATION DIFFERENCE -50,236. BOOK/TAX AMORTIZATION DIFFERENCE 1,865. BOOK/TAX INTEREST EXPENSE (DEFERRED MORTGAGE COSTS) DIFFERENCE 4. BOOK/TAX RENTAL INCOME DIFFERENCE 477,729. BOOK/TAX UNREAL GAIN INTEREST SWAP -156,417. BOOK/TAX RENT EXPENSE DIFFERENCE 252,991. BOOK/TAX RIGHT-OF-USE ASSET AMORTIZATION DIFFERENCE -128,185. BOOK/TAX INTEREST EXPENSE (LEASE LIABILITY) DIFFERENCE -235,515. FORM 990 PART XII, LINE 2C THERE WERE NO CHANGES IN THE ORGANIZATION'S AUDIT OVERSIGHT PROCESS DURING THE YEAR. CIVIC CONCORD AVENUE LLC 180 VARICK STREET SUITE 1414 NEW YORK NY 10014 462001986 REAL ESTATE NY 1419798 13026427 CIVIC NEW MARKETS SUPPORT CORPORATION I