2024-07-17T15:00:17-05:00 2023-12-31 351476702 BRADY WARE & SCHOENFELD INC 3601 RIGBY ROAD SUITE 400 DAYTON OH 45342 990 2023-01-01 310885010 CITYWIDE NEIGHBORHOOD DEVELOPMENT CORPORATION CITY 9378532529 8 N MAIN STREET DAYTON OH 45402 ROSALIE GEHRICH CHIEF FINANCIAL OFFICER 9378532529 2024-07-08 1 ROSALIE GEHRICH 999009999 0 MARY T COLEGATE CPA P00197566 9372235247 2024-07-08 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z ROSALIE GEHRICH 8 NORTH MAIN STREET DAYTON OH 45402 991426 0 X WWW.CITYWIDEDEV.COM X 1975 OH TO CREATE AND IMPLEMENT COMPREHENSIVE COMMUNITY DEVELOPMENT STRATEGIES AND PROGRAMS TO BUILD COMMUNITIES AND REVITALIZE NEIGHBORHOODS WITHIN THE CITY OF DAYTON. 19 19 0 0 0 0 1000 2000 660410 704342 0 260084 0 0 661410 966426 0 0 0 0 0 0 0 0 0 753122 716358 753122 716358 -91712 250068 3596454 3830286 3063028 3046792 533426 783494 X TO CREATE AND IMPLEMENT COMPREHENSIVE COMMUNITY DEVELOPMENT STRATEGIES AND PROGRAMS TO BUILD COMMUNITIES AND REVITALIZE NEIGHBORHOODS WITHIN THE CITY OF DAYTON. 0 0 542291 704342 CITYWIDE IS A LEADER IN THE CREATION & IMPLEMENTATION OF COMPREHENSIVE NEIGHBORHOOD DEVELOPMENT STRATEGIES & PROGRAMS IN URBAN NEIGHBORHOODS IN DAYTON, OH. IN THE FAIRGROUNDS NEIGHBORHOOD, A NEW EFFORT CALLED ON MAIN IS UNDERWAY TO CREATE FUTURE HOUSING AND ECONOMIC DEVELOPMENT AT THE SITE OF THE FORMER MONTGOMERY COUNTY FAIRGROUNDS. IN THE PHOENIX NEIGHBORHOOD, THE PREMIER HEALTH YMCA OPENED AS A FIRST PHASE OF DEVELOPMENT. THIS INCLUDES A FULL-SERVICE YMCA, URGENT CARE, LAB, IMAGING, PHYSICIANS AND PHYSICAL THERAPHY SERVICES. OTHER TENANTS ARE GOODWILL WHICH PROVIDES JOB TRAINING; CARESOURCE PROVIDES NUTRITIONAL EDUCATION AND COOKING CLASSES; THE HOMEOWNERSHIP CENTER ASSISTS RESIDENTS WITH FINANCIAL LITERACY AND THE HOMEBUYING PROCESS; AND WRIGHT STATE UNIVERSITY. EFFORTS ARE ONGOING IN THE OLD NORTH DAYTON AND WRIGHT-DUNBAR NEIGHBORHOODS. 542291 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 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 0 0 X 19 19 0 1 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ROSALIE GEHRICH 9378532529 8 N MAIN STREET DAYTON OH 45402 DAVID MELIN CHAIRMAN 1.00 X X 0 0 0 ELOISE BRONER TRUSTEE 1.00 X 0 0 0 SHELLEY DICKSTEIN TRUSTEE 1.00 X 0 0 0 RICHARD HAAS TRUSTEE 1.00 X 0 0 0 DR WILLIAM E HARRIS TRUSTEE 1.00 X 0 0 0 TERRI BETHEL VICE CHAIRMAN 1.00 X X 0 0 0 TODD KINSKEY TRUSTEE 1.00 X 0 0 0 TODD PLEIMAN TREASURER 1.00 X X 0 0 0 JOSEPH GORDON TRUSTEE 1.00 X 0 0 0 WALT HIBNER TRUSTEE 1.00 X 0 0 0 RODDELL MCCULLOUGH SECRETARY 1.00 X X 0 0 0 NIKOL MILLER TRUSTEE 1.00 X 0 0 0 BOB RUZINSKY TRUSTEE 1.00 X 0 0 0 SHANNON MARTIN TRUSTEE 1.00 X 0 0 0 DAVE DICKERSON TRUSTEE 1.00 X 0 0 0 KRISTIN FINCH TRUSTEE 1.00 X 0 0 0 KIYA PATRICK TRUSTEE 1.00 X 0 0 0 STEVE SKERL TRUSTEE 1.00 X 0 0 0 KENA BROWN TRUSTEE 1.00 X 0 0 0 SHANNON ISOM TRUSTEE 1.00 X 0 0 0 ROSALIE GEHRICH CFO/ASST TREASURER 1.00 40.00 X 0 160851 23683 DANIEL KANE PRESIDENT 1.00 40.00 X 0 210591 42773 KAREN DEMASI ASSISTANT SECRETARY 1.00 40.00 X 0 140701 21345 SHANE WILKIN SENIOR BUSINESS DEVELOPMENT OFFICER 1.00 40.00 X 0 133550 19105 HEATHER CORBIN SBA DIRECTOR/SR BUSINESS DEVELOPMENT 1.00 40.00 X 0 145962 4379 0 791655 111285 0 0 1 0 0 2000 2000 NEIGHBORHOOD DEVELOPME 900099 704342 704342 704342 285084 25000 260084 260084 260084 966426 704342 0 260084 661064 486997 174067 70 70 2000 2000 300 300 600 600 269 269 1000 1000 61 61 PROFESSIONAL FEES 34918 34918 TRAINING 8991 8991 MISCELLANEOUS EXPENSES 5379 5379 DUES & SUBSCRIPTIONS 1706 1706 716358 542291 174067 0 711279 1001950 234344 213750 2650831 2614586 3596454 3830286 7598 54449 3055430 2992343 3063028 3046792 X 533426 783494 533426 783494 3596454 3830286 250068 0 X X 0 1 X 1 0 X 1000 500 3500 1000 2000 8000 699981 565542 636082 660410 704342 3266357 700981 566042 639582 661410 706342 3274357 0 0 0 3274357 700981 566042 639582 661410 706342 3274357 1.00000 1.00000 0.00000 X 0 LOANS RECEIVABLE-HOUSING 67051 ALLOWANCE FOR BAD DEBTS-HOUSING -67051 PASS THRU LOANS RECEIVABLE 2520298 INTEREST RECEIVABLE-HOUSING 32 PASS THRU INTEREST RECEIVABLE 94168 OTHER RECEIVABLE 88 2614586 PASS THRU INTEREST PAYABLE 94168 A/P AFFILIATE 41701 OTHER PAYABLE 334755 PASS THRU LOANS PAYABLE 2520298 OTHER ACCRUED LIABILITIES 1389 INTEREST PAYABLE 32 2992343 X PART X, LINE 2: ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES - ACCOUNTING STANDARDS REQUIRE THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN, IN THE COURSE OF PREPARING THE TAX RETURNS FOR CITYWIDE TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. THIS STATEMENT PROVIDES THAT TAX BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED IN THE COMBINED FINANCIAL STATEMENTS ONLY WHEN IT IS "MORE-LIKELY-THAN-NOT" THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED UPON THE TECHNICAL MERITS AND CONSIDERATION OF ALL AVAILABLE INFORMATION. ONCE THE RECOGNITION THRESHOLD IS MET, THE PORTION OF THE TAX BENEFIT THAT IS RECORDED REPRESENTS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50 PERCENT LIKELY TO BE REALIZED UPON SETTLEMENT WITH A TAXING AUTHORITY. MANAGEMENT HAS DETERMINED THAT CITYWIDE HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2023. 0 0 0 0 0 0 0 0 0 DANIEL KANE PRESIDENT 0 195591 0 15000 0 0 0 19719 0 23054 0 253364 0 0 ROSALIE GEHRICH CFO/ASST TREASURER 0 149851 0 11000 0 0 0 12905 0 10778 0 184534 0 0 KAREN DEMASI ASSISTANT SECRETARY 0 130201 0 10500 0 0 0 11256 0 10089 0 162046 0 0 SHANE WILKIN SENIOR BUSINESS DEVELOPMENT OFFICER 0 132550 0 1000 0 0 0 6301 0 12804 0 152655 0 0 HEATHER CORBIN SBA DIRECTOR/SR BUSINESS DEVELOPMENT 0 138462 0 7500 0 0 0 4379 0 0 0 150341 0 0 PART I, LINE 3 DANIEL KANE IS THE PRESIDENT OF CITYWIDE DEVELOPMENT CORPORATION, A RELATED ORGANIZATION DISCLOSED IN SCHEDULE R. HIS COMPENSATION IS DISCLOSED WITHIN THIS FORM 990 BECAUSE IT IS PAID BY CITYWIDE DEVELOPMENT CORPORATION. HE IS NOT PAID BY THIS ORGANIZATION. THE OTHER HIGHLY COMPENSATED EMPLOYEES REPORTED IN PART VII SECTION A OF THIS TAX RETURN ARE ALSO PAID BY CITYWIDE DEVELOPMENT CORPORATION NOT BY THIS ORGANIZATION. THEIR SALARIES AND BENEFITS ARE ONLY REPORTED WITHIN THIS RETURN DUE TO THE RELATED PARTY RELATIONSHIP. COMPENSATION IS ESTABLISHED BY USING A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT AND A COMPENSATION SURVEY OR STUDY. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS DELEGATED CONTROL OVER MANAGEMENT TO A RELATED NONPROFIT ORGANIZATION - CITY WIDE DEVELOPMENT CORPORATION. THEY HANDLE ALL ADMINISTRATIVE FUNCTIONS FOR THE ENTITY. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS DELEGATED CONTROL OVER MANAGEMENT TO A RELATED NONPROFIT ORGANIZATION - CITY WIDE DEVELOPMENT CORPORATION. THEY HANDLE ALL ADMINISTRATIVE FUNCTIONS FOR THE ENTITY. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION CONTRACTS WITH AN ACCOUNTING FIRM TO PREPARE THE INFORMATION RETURN, WHICH IS REVIEWED BY INTERNAL MANAGEMENT. INTERNAL MANAGEMENT FORWARDS A COPY OF THE RETURN TO AN OVERSIGHT COMMITTEE THAT APPROVES THE RETURN. THE BOARD IS PROVIDED A COPY OF THE APPROVED RETURN BEFORE THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REVIEWS THE CONFLICT OF INTEREST POLICY WITH BOARD OF TRUSTEES ANNUALLY. DURING BOARD MEETINGS MEMBERS ARE ASKED IF THEY HAVE ANY CONFLICT OF INTEREST REGARDING ANY AGENDA ITEMS. IF SO, THEY DO NOT VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT PAY ANY COMPENSATION AND HAS DELEGATED CONTROL OVER MANAGEMENT TO A RELATED NONPROFIT ORGANIZATION - CITYWIDE DEVELOPMENT CORPORATION. CITYWIDE DEVELOPMENT CORPORATION PAYS ALL THE SALARIES AND WAGES. CITYWIDE DEVELOPMENT CORPORATION HAS A COMPENSATION COMMITTEE THAT REVIEWS THE EXECUTIVE SALARIES. THE COMPENSATION COMMITTEE HIRES AN OUTSIDE CONSULTANT WHICH PROVIDED A COMPENSATION SURVEY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THE FORM 1024 AND THE FORM 990 AVAILABLE UPON REQUEST. THE PUBLIC CAN REVIEW THESE DOCUMENTS IN THE ORGANIZATION'S ADMINISTRATIVE OFFICE. FORM 990 PART XII LINE 2C THE ORGANIZATION HAS NOT MADE ANY CHANGES IN PROCESSES OR PROCEDURES. CITYWIDE DEVELOPMENT CORP 8 N MAIN ST DAYTON OH 45402 310821189 STRENGTHEN DAYTON THROUGH STRATEGIC ECONOMIC AND COMMUNITY DEVELOPMENT OH 501(C)(4) CITYWIDE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 CITYWIDE DEVELOPMENT CORP N 89222 COST CITYWIDE DEVELOPMENT CORP O 571843 COST CITYWIDE DEVELOPMENT CORP P 661064 COST