2025-10-09T12:58:29-05:00 2024-12-31 882730877 CHERRY BEKAERT ADVISORY LLC 1075 PEACHTREE STREET NE SUITE 1600 ATLANTA GA 30309 990 2024-01-01 473015082 WESTSIDE FUTURE FUND INC WEST 6783570331 970 JEFFERSON ST NW BOX 1 ATLANTA GA 30318 JOHN AHMANN PRESIDENT/CEO 4047932670 2025-10-03 1 1 MELANIE MCPEAK P01346034 4042090954 2024 2025-03-06 01:10:19Z JOHN AHMANN 970 JEFFERSON ST NW BOX 1 ATLANTA GA 30318 16031121 0 X WWW.WESTSIDEFUTUREFUND.ORG X 2015 GA TO ADVANCE A COMPASSIONATE APPROACH TO NEIGHBORHOOD REVITALIZATION THAT CREATES A DIVERSE, MIXED-INCOME COMMUNITY, IMPROVES THE QUALITY OF LIFE FOR CURRENT AND FUTURE RESIDENTS AND ELEVATES THE HISTORIC WESTSIDE'S UNIQUE HISTORY AND CULTURE. 27 27 22 3086 0 0 10654248 11971662 1641053 1890649 275781 454748 -93714 -79578 12477368 14237481 1307630 930611 0 0 1472104 1542720 239671 226399 743256 6888389 6155875 9907794 8855605 2569574 5381876 77625307 85442524 42442305 44877646 35183002 40564878 TO ADVANCE A COMPASSIONATE APPROACH TO NEIGHBORHOOD REVITALIZATION THAT CREATES A DIVERSE, MIXED-INCOME COMMUNITY, IMPROVES THE QUALITY OF LIFE FOR CURRENT AND FUTURE RESIDENTS AND ELEVATES THE HISTORIC WESTSIDE'S UNIQUE HISTORY AND CULTURE. 0 0 5135392 738311 1890649 KEY RESEARCH INDICATES THAT THRIVING COMMUNITIES EXCEL ALONG SEVEN DIMENSIONS. OUR WORK IS FOCUSED ON FOUR: QUALITY MIXED-USE HOUSING AND INCOME, SAFETY AND SECURITY, CRADLE TO CAREER EDUCATION, AND COMMUNITY HEALTH AND WELLNESS.MIXED-INCOME COMMUNITIES: THE WESTSIDE'S NEIGHBORHOODS' RICH HISTORY LIVES WITHIN ITS RESIDENTS. TO RESTORE THE STRENGTH OF THESE HISTORIC NEIGHBORHOODS, WE MUST ENSURE THAT CURRENT RESIDENTS ARE ABLE TO STAY HERE FOR GENERATIONS TO COME. THIS WILL BE POSSIBLE THROUGH QUALITY MIXED-INCOME HOUSING, WHICH HELPS TO SUPPORT FAMILIES, NURTURE COMMUNITY, STIMULATE LOCAL BUSINESSES AND ATTRACT NEW RESIDENTS. 1430954 111535 SAFETY & SECURITY: A STRONG COMMUNITY STARTS WITH RESIDENTS FEELING SAFE. NEIGHBORHOODS THRIVE WHEN RESIDENTS CAN WALK TO SCHOOL, WORK, PARKS OR STORES AND WHEN THEY KNOW AND TRUST THOSE WHO PROTECT AND SERVE THEM.COMMUNITY HEALTH & WELLNESS: THE CONNECTION BETWEEN A COMMUNITY'S ECONOMIC HEALTH AND THE HEALTH OF ITS RESIDENTS HAS BEEN PROVEN TIME AND TIME AGAIN. BY PROVIDING ACCESS TO WELLNESS FACILITIES AND QUALITY PARKS AND GREENSPACE IN WESTSIDE NEIGHBORHOODS, RESIDENTS CAN GET AND STAY HEALTHIER. 87994 80765 CRADLE TO CAREER EDUCATION: TO TRULY TRANSFORM THE WESTSIDE NEIGHBORHOODS AND ENSURE ATLANTA REMAINS COMPETITIVE AS A SOURCE OF TALENT FOR YEARS TO COME, WE MUST PREPARE THE NEXT GENERATION OF ATLANTANS FOR A BRIGHTER FUTURE THAT ALL STARTS WITH ACCESS TO HIGH-QUALITY EDUCATION AS WELL AS SUPPORT FOR CURRENT RESIDENTS THROUGH SERVICES SUCH AS SKILLS ASSESSMENTS, TRAINING AND JOB READINESS PREPARATION. TO ENSURE THAT EACH CHILD BENEFITS FROM CRADLE-TO-CAREER EDUCATION, WE HAVE PARTNERED WITH HOLLIS ACADEMY, AN ATLANTA PUBLIC SCHOOL, TO DOUBLE THE NUMBER OF TEACHERS IN ITS STEM FOCUSED CURRICULUM. 6654340 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 66 0 1 22 1 0 0 0 0 0 0 0 0 0 0 0 0 X 27 27 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X MARNI PITTMAN 6783570331 970 JEFFERSON ST NW BOX 1 ATLANTA GA 30318 T DALLAS SMITH CHAIR 2.00 0.00 X X 0 0 0 PETER MUNIZ CO-VICE-CHAIR 2.00 0.00 X X 0 0 0 SYLVIA RUSSELL CO-VICE-CHAIR 2.00 0.00 X X 0 0 0 RODNEY BULLARD SECRETARY 2.00 0.00 X X 0 0 0 LEA KUSHEL TREASURER 2.00 0.00 X X 0 0 0 AJ ROBINSON DIRECTOR 2.00 0.00 X 0 0 0 BEVERLY TATUM DIRECTOR 2.00 0.00 X 0 0 0 BEVERLY THOMAS DIRECTOR 2.00 0.00 X 0 0 0 BILL NORDMARK DIRECTOR 2.00 0.00 X 0 0 0 DANNY SHOY JR DIRECTOR 2.00 0.00 X 0 0 0 DAVE STOCKERT DIRECTOR 2.00 0.00 X 0 0 0 GREER GALLAGHER DIRECTOR 2.00 0.00 X 0 0 0 HELEN SMITH PRICE DIRECTOR (THRU 10/30/24) 2.00 0.00 X 0 0 0 HILLIARY JONES DIRECTOR 2.00 0.00 X 0 0 0 JOHN GAMBLE DIRECTOR 2.00 0.00 X 0 0 0 JUSTIN CLAY DIRECTOR 2.00 0.00 X 0 0 0 KATHLEEN FARRELL DIRECTOR 2.00 0.00 X 0 0 0 KENNETH ALEXANDER DIRECTOR 2.00 0.00 X 0 0 0 KEVIN HOLT DIRECTOR 2.00 0.00 X 0 0 0 MICK COCHRAN DIRECTOR 2.00 0.00 X 0 0 0 PENNY MCPHEE DIRECTOR 2.00 0.00 X 0 0 0 REV KENNY ALEXANDER DIRECTOR 2.00 0.00 X 0 0 0 SHAWNTEL HEBERT-CLARK DIRECTOR 2.00 0.00 X 0 0 0 STACY APTER DIRECTOR 2.00 0.00 X 0 0 0 SUSAN SOMERSILLE-JOHNSON DIRECTOR 2.00 0.00 X 0 0 0 TOM BONEY DIRECTOR 2.00 0.00 X 0 0 0 VICKI ESCARRA DIRECTOR 2.00 0.00 X 0 0 0 VIRGINIA HEPNER DIRECTOR 2.00 0.00 X 0 0 0 JOHN AHMANN PRESIDENT/CEO 40.00 0.00 X 353913 0 24311 RACHEL CAREY CHIEF REAL ESTATE OFFICER 40.00 0.00 X 297266 0 28896 MARNI PITTMAN DIRECTOR, FINANCE & RISK MANAGEMENT 40.00 0.00 X 219793 0 34865 LEE HARROP VP, REAL ESTATE 40.00 0.00 X 207485 0 17629 SONIA DAWSON CHIEF OF STAFF 40.00 0.00 X 149593 0 17361 JOANNE MATAYOSHI ACCOUNTING MANAGER 40.00 0.00 X 122055 0 35767 CHARLES FORDE DIRECTOR, RE ASSET MANAGEMENT 40.00 0.00 X 131303 0 11449 ROCHELLE REEDER CHIEF DEVELOPMENT OFFICER (THRU 6/18/24) 40.00 0.00 X 131364 0 9863 1612772 0 180141 10 0 1 0 OAKSATL COMMUNITY DEVELOPMENT INC 478 LINDSAY ST NW ATLANTA GA 30314 CONSTRUCTION 3462075 STURGIS CONSTRUCTION 1015 B COLLIER RD NW ATLANTA GA 30318 CONSTRUCTION 1592452 TAYLORMADE PROPERTY MANAGEMENT 3645 MARKETPLACE BLVD STE 130-618 EAST POINT GA 30344 PROPERTY MANAGEMENT 381103 ATLANTA NEIGHBORHOOD DEVELOPMENT PARTNER 229 PEACHTREE ST NE SUITE 705 ATLANTA GA 30303 CONSTRUCTION 331301 KRONBERG URBANISTS ARCHITECTS 887 WYLIE ST SE ATLANTA GA 30316 DESIGN 299633 11 138405 11833257 52710 11971662 RENTAL INCOME 531110 2159733 2159733 LOSS FROM PROGRAM INV 531110 -269084 -269084 1890649 261787 261787 1890000 1697039 192961 192961 192961 4868 138405 96601 -91733 -91733 REIMBURSEMENTS 900099 12056 12056 OTHER REVENUE 900099 99 99 12155 14237481 1890649 0 375170 358054 358054 572557 572557 509148 509148 844261 248243 227398 368620 23249 6722 6546 9981 85859 22235 30607 33017 80203 15201 42429 22573 128294 128294 24901 24901 226399 226399 623556 433765 137129 52662 196268 137311 47842 11115 185873 94638 91235 1045459 992921 52538 28075 6402 21673 66165 62557 3608 965654 965018 636 1053521 1006979 46542 506154 480172 25407 575 REPAIRS & MAINTENANCE 929852 849462 62076 18314 VOLUNTEER EVENTS 232403 232403 BAD DEBT 169700 169700 8855605 6654340 1458009 743256 6360364 3835970 5659402 3412504 5957526 8408122 156441 400485 759869 562164 297475 695662 69383356 3746723 56512476 65636633 1856453 2446862 65301 44122 77625307 85442524 1334227 1482854 23246 8591 40996596 43319491 88236 66710 42442305 44877646 X 20912581 28225799 14270421 12339079 35183002 40564878 77625307 85442524 5381876 0 X 0 1 X 1 0 X 6876786 3440178 12237783 10654248 11971662 45180657 6876786 3440178 12237783 10654248 11971662 45180657 19646948 25533709 50953 11541 19833 75429 261787 419543 2367 18410 254 25370 12155 58556 45658756 7014366 0.55920 0.53970 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 2,367. 2021 AMOUNT: $ 18,410. 2022 AMOUNT: $ 254. 2023 AMOUNT: $ 25,370. 2024 AMOUNT: $ 99. REIMBURSEMENTS - 2024 AMOUNT: $ 12,056. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7312345 7312345 26649217 3359925 23289292 374217 191083 183134 35047577 195715 34851862 65636633 FINANCING LEASE LIABILITY 66710 66710 X PART X, LINE 2: WFF HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE STATING THAT IT QUALIFIES FOR EXEMPTION FROM FEDERAL INCOME TAXES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. WFF EVALUATES ITS UNCERTAIN TAX POSITIONS USING THE PROVISIONS OF THE ASC TOPIC 740, INCOME TAXES. WFF FOLLOWS THE CRITERION THAT AN INDIVIDUAL TAX POSITION HAS TO MEET SOME OR ALL OF THE BENEFITS OF THAT POSITION TO BE RECOGNIZED IN WFF'S CONSOLIDATED FINANCIAL STATEMENTS. WFF HAS APPLIED THE MORE LIKELY THAN NOT CRITERION TO ALL THE TAX POSITIONS FOR WHICH THE STATUTE OF LIMITATIONS REMAIN OPEN AND HAS DETERMINED THE TAX POSITIONS SATISFY SUCH CRITERION AND THAT NO PROVISION FOR INCOME TAXES IS REQUIRED FOR THE YEARS ENDED DECEMBER 31, 2024 OR 2023. X X X X 1 KORNDER CONSULTING 2522 BALL PARK DR TUCKER GA 30084 GRANT WRITING 0 0 48493 -48493 COXE CURRY 191 PEACHTREE ST 450 ATLANTA GA 30303 FUNDRAISING STRATEGY 0 0 177906 -177906 226399 -226399 GA RIDE FOR THE WESTSIDE 143273 138405 4868 9500 151 86950 143273 138405 4868 9500 151 86950 96601 -91733 1 MOREHOUSE COLLEGE INC 830 WESTVIEW DR SW ATLANTA GA 30314 580566205 501(C)(3) 50000 0 EDUCATION/SUPPORT OF SCHOOLS OAKSATL COMMUNITY DEVELOPMENT INC 478 LINDSAY ST NW ATLANTA GA 30314 820811019 501(C)(3) 31512 0 COMMUNITY SUPPORT OPERATION HOPE INC 191 PEACHTREE ST NE SUITE 3840 ATLANTA GA 30303 954378084 501(C)(3) 100000 0 FINANCIAL WELLNESS COACHING SPELMAN COLLEGE 350 SPELMAN LANE SW BOX 1551 ATLANTA GA 30314 580566243 501(C)(3) 50000 0 EDUCATION/SUPPORT OF SCHOOLS THE BELOVED COMMUNITY 960 MARTIN LUTHER KING JR DR ATLANTA GA 30314 760812532 501(C)(3) 0 80000 BOOK DONATION OF PROPERTY COMMUNITY SUPPORT TUSKEGEE AIRMEN ACADEMY 1626 WESTHAVEN DR NW ATLANTA GA 30311 FULTON COUNTY GOV 33300 13242 BOOK ELA & MATH WORKBOOKS EDUCATION/SUPPORT OF SCHOOLS 6 0 RENTAL ASSISTANCE 54 393420 ANTI-DISPLACEMENT TAX FUND 110 179137 PART I, LINE 2: THE ORGANIZATION RECEIVES REPORTS AND COPIES OF INVOICES FROM GRANTEES TO ASSESS PROGRESS OF GRANT PROGRAMS. X X X X 1 0 0 0 0 0 0 1 0 JOHN AHMANN PRESIDENT/CEO 331008 0 12795 0 10110 0 13480 0 10831 0 378224 0 0 0 RACHEL CAREY CHIEF REAL ESTATE OFFICER 283623 0 13643 0 0 0 0 0 28896 0 326162 0 0 0 MARNI PITTMAN DIRECTOR, FINANCE & RISK MANAGEMENT 210526 0 9267 0 0 0 6252 0 28613 0 254658 0 0 0 LEE HARROP VP, REAL ESTATE 197827 0 9658 0 0 0 8027 0 9602 0 225114 0 0 0 SONIA DAWSON CHIEF OF STAFF 142877 0 6716 0 0 0 0 0 17361 0 166954 0 0 0 JOANNE MATAYOSHI ACCOUNTING MANAGER 116035 0 6020 0 0 0 4944 0 30823 0 157822 0 0 0 PART I, LINE 4A ROCHELLE REEDER, CHIEF DEVELOPMENT OFFICER'S EMPLOYMENT ENDED AS OF JUNE 18TH, 2024. ROCHELLE RECEIVED $32,484.62 IN SEVERANCE AND $2,885.22 IN INSURANCE CONTINUATION. PART I, LINE 7 EMPLOYEES ARE ELIGIBLE FOR VARIABLE COMPENSATION OF UP TO 5% OF SALARY BASED ON PERFORMANCE AGAINST GOALS. GOALS WERE NOT TIED TO ACHIEVING FINANCIAL MARKERS, BUT RATHER COMMUNITY DRIVEN IMPROVEMENTS AND ORGANIZATION EFFICIENCIES. X PREPARED MEALS FOR SUMMITTS & THANKSGIVING 2 52710 COST 0 0 0 0 PART I, COLUMN (B): THE NUMBER REPORTED IN COLUMN B OF SCHEDULE M FOR ALL DONATIONS REPRESENTS THE NUMBER OF CONTRIBUTIONS FOR EACH RESPECTIVE CATEGORY. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION USES A PROPERTY MANAGEMENT COMPANY TO PROVIDE MANAGEMENT SERVICES FOR ITS MULTI-FAMILY OCCUPIED PROPERTIES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE BOARD, PRESIDENT/CEO, TREASURER AND ACCOUNTANT. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, ALL BOARD MEMBERS, COMMITTEE MEMBERS, AND EMPLOYEES ARE REQUIRED TO COMPLETE AND SIGN A COMPREHENSIVE CONFLICT OF INTEREST DISCLOSURE FORM. THE FORM REQUIRES DISCLOSURE OF BUSINESS RELATIONSHIPS, FINANCIAL INTERESTS, TRANSACTIONS WITH THE ORGANIZATION, FAMILY RELATIONSHIPS, AND ANY OTHER CIRCUMSTANCES THAT COULD AFFECT INDEPENDENT JUDGMENT. THE COMPLETED DISCLOSURE STATEMENTS ARE COMPILED INTO A TRACKING DOCUMENT AND REVIEWED REGULARLY BY THE GOVERNANCE & NOMINATING COMMITTEE TO IDENTIFY ANY POTENTIAL AREAS OF CONFLICT. WHEN A POTENTIAL CONFLICT IS IDENTIFIED, THE AFFECTED INDIVIDUAL MUST DISCLOSE THE CONFLICT TO THE BOARD, ABSTAIN FROM DISCUSSION AND VOTING ON THE MATTER, AND MAY BE ASKED TO LEAVE THE ROOM DURING DELIBERATION. THE ORGANIZATION MAINTAINS DOCUMENTATION OF ALL CONFLICT DISCLOSURES AND THE ACTIONS TAKEN TO ADDRESS THEM. ADDITIONALLY, ALL COVERED INDIVIDUALS AGREE TO PROMPTLY REPORT ANY CHANGES IN CIRCUMSTANCES THAT COULD CREATE NEW CONFLICTS THROUGHOUT THE YEAR, ENSURING ONGOING MONITORING AND COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT/CEO'S COMPENSATION WAS DETERMINED BY THE BOARD OF DIRECTORS AND DOCUMENTED IN A BOARD RESOLUTION AND EMPLOYMENT OFFER LETTER. WFF ENGAGES A THIRD-PARTY GROUP TO PREPARE COMP STUDIES FOR ITS KEY EMPLOYEES AND STAFF ENSURING EMPLOYEES STAY WITHIN COMPENSATION BANDS AS IDENTIFIED BY THEIR JOB DESCRIPTIONS. THE PRESIDENT/CEO REVIEWS THE COMP STUDIES WITH THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. 220 SUNSET AVENUE PO BOX 92273 ATLANTA GA 30314 844159626 MULTIFAMILY PROPERTY GA 0 3052243 WESTSIDE FUTURE FUND INC 356 BRAWLEY LLC 970 JEFFERSON ST NEW BOX 1 ATLANTA GA 30318 934267372 MULTIFAMILY PROPERTY GA 84441 1357576 ATL RE HOLDINGS LLC 395 BRAWLEY LLC PO BOX 92273 ATLANTA GA 30314 851407901 MULTIFAMILY PROPERTY GA 357105 4906361 ATL RE HOLDINGS LLC 400 PAINES LLC 970 JEFFERSON ST NEW BOX 1 ATLANTA GA 30318 934393438 MULTIFAMILY PROPERTY GA 70061 1309146 ATL RE HOLDINGS LLC 500 JAMES P BRAWLEY LLC PO BOX 92273 ATLANTA GA 30314 842249668 VACANT BUILDING GA 0 953313 ATL RE HOLDINGS LLC 507 ENGLISH AVENUE LLC PO BOX 92273 ATLANTA GA 30314 851422872 MULTIFAMILY PROPERTY GA 65618 684209 WESTSIDE FUTURE FUND INC 588 PAINES LLC 970 JEFFERSON ST NEW BOX 1 ATLANTA GA 30318 993192441 MULTIFAMILY PROPERTY GA 150 2373143 ATL RE HOLDINGS LLC 603 BRAWLEY LLC 970 JEFFERSON ST NEW BOX 1 ATLANTA GA 30318 993501281 MULTIFAMILY PROPERTY GA 12550 405432 ATL RE HOLDINGS LLC 641 JONES AVENUE LLC PO BOX 92273 ATLANTA GA 30314 842196923 MULTI-FAMILY PROPERTY GA 120342 1918259 ATL RE HOLDINGS LLC ASHVIEW HOLDINGS LLC PO BOX 92273 ATLANTA GA 30314 823220327 VACANT LOT HOLDING GA 0 0 ATL RE HOLDINGS LLC ATL RE HOLDINGS LLC PO BOX 92273 ATLANTA GA 30314 842187499 PARENT GA 7460159 49541567 WESTSIDE FUTURE FUND INC DALVIGNEY STREET LLC PO BOX 92273 ATLANTA GA 30314 842215665 MULTI-FAMILY PROPERTY GA 269621 3377682 ATL RE HOLDINGS LLC JEFFERSON LOWERY LLC PO BOX 92273 ATLANTA GA 30314 843728293 WAREHOUSE/OFFICE BUILDING GA 288707 7821839 WESTSIDE FUTURE FUND INC ROCKDOWN HOLDINGS LLC PO BOX 92273 ATLANTA GA 30314 301120136 MULTI-FAMILY PROPERTY GA 791710 6016616 ATL RE HOLDINGS LLC WESTSIDE ACQUISITIONS I LLC PO BOX 92273 ATLANTA GA 30314 842232405 VACANT LOT HOLDING GA 1340459 31727496 ATL RE HOLDINGS LLC MAYSON TURNER APARTMENTS LLC PO BOX 92273 ATLANTA GA 30314 851446193 RENTAL GA ATL RE HOLDINGS LLC RELATED -269084 6107886 0 1 0.70130 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 MAYSON TURNER APARTMENTS LLC B 348614 CASH MAYSON TURNER APARTMENTS LLC S 126387 CASH