2025-11-17T15:54:21-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 1785 INDIAN WOOD CIRCLE MAUMEE OH 43537 990 2024-01-01 460946885 8200-8300 FRANKLIN BLVD 8200 2169619690 7812 MADISON AVE CLEVELAND OH 441024056 ELAINE GIMMEL EXECUTIVE DIRECTOR 2169619690 2025-11-17 1 0 BRITTANY MALCZEWSKI CPA P02192309 4197942000 2025-11-13 2024 2025-03-06 01:10:19Z ELAINE GIMMEL 7812 MADISON AVE CLEVELAND OH 441024056 78955 0 X N/A X 2012 OH PROVIDING LOW-INCOME HOUSING TO THE PUBLIC. 19 19 0 0 0 0 44526 33290 34631 45535 96 130 60 0 79313 78955 0 0 0 0 23241 25827 0 0 0 77469 94995 100710 120822 -21397 -41867 448772 444581 19697 57373 429075 387208 PROVIDING LOW-INCOME HOUSING TO THE PUBLIC. 0 0 105281 0 45535 PROVIDING LOW-INCOME HOUSING 105281 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 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 X 19 19 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X ELAINE GIMMEL 2169619690 7812 MADISON AVE CLEVELAND OH 44102 JOHN MARK TICHAR PRESIDENT 0.00 2.00 X X 0 0 0 JONATHAN PETRUS VICE PRESIDENT 1.00 2.00 X X 0 0 0 BETH ADAMS TREASURER 0.00 2.00 X X 0 0 0 MICHELE SOMMERFELT SECRETARY 0.00 2.00 X X 0 0 0 DR ANDREENA JACKSON BOARD MEMBER 0.00 2.00 X 0 0 0 PHILLIP STUDMIRE BOARD MEMBER 0.00 2.00 X 0 0 0 ANDRE CAMPBELL BOARD MEMBER 0.00 2.00 X 0 0 0 CHRISTOPHER MERTES BOARD MEMBER 0.00 2.00 X 0 0 0 SUSAN LICCIARDI BOARD MEMBER 0.00 2.00 X 0 0 0 JESSICA STONER BOARD MEMBER 0.00 2.00 X 0 0 0 MATTHEW LARGE BOARD MEMBER 0.00 2.00 X 0 0 0 KENNETH G SILLIMAN BOARD MEMBER 0.00 2.00 X 0 0 0 AMANDA J MILLER BOARD MEMBER 0.00 2.00 X 0 0 0 MATTHEW KING BOARD MEMBER 0.00 2.00 X 0 0 0 TIMOTHY WILLIAMS BOARD MEMBER 0.00 2.00 X 0 0 0 NICHOLAS MCCAUSLIN BOARD MEMBER 0.00 2.00 X 0 0 0 DAWN ELLIS BOARD MEMBER 0.00 2.00 X 0 0 0 MARCUS NOEL BOARD MEMBER 0.00 2.00 X 0 0 0 JOSEPH PLESMID BOARD MEMBER 0.00 2.00 X 0 0 0 SHARON PARKS CHIEF FINANCIAL OFFICER 0.00 50.00 X 0 151167 26914 ELAINE GIMMEL EXECUTIVE DIRECTOR 1.00 50.00 X 0 183853 37042 EMMA PETRIE BARCELONA CHIEF OPERATING OFFICER 1.00 50.00 X 0 148513 7436 0 483533 71392 0 0 1 0 0 33290 33290 RENTAL INCOME TENANT 531110 45535 45535 45535 130 130 78955 45535 0 130 24322 18470 5852 1505 1505 6600 6600 10570 10570 118 118 127 127 48792 48792 75 75 14137 14137 TAXES AND INSURANCE 7587 4887 2700 BAD DEBT EXPENSE 6749 6749 MISC FINANCIAL EXPENSE 240 240 120822 105281 15541 0 3260 588 26036 28557 5009 13960 1459 2192 547021 149345 411813 397676 1195 1608 448772 444581 18350 50229 1347 7144 19697 57373 X -302008 -343875 731083 731083 429075 387208 448772 444581 -41867 0 X 0 1 X 1 1 1 X 58005 59547 46879 44526 33290 242247 58005 59547 46879 44526 33290 242247 242247 5 96 130 231 2219 80 614 60 2973 245451 181408 0.98690 0.97410 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER TENANT INCOME - 2020 AMOUNT: $ 2,219. 2021 AMOUNT: $ 80. 2022 AMOUNT: $ 614. 2023 AMOUNT: $ 60. 2024 AMOUNT: $ 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 544921 147245 397676 2100 2100 0 397676 SECURITY DEPOSITS 1250 PREPAID TENANT RENT 5894 7144 X 78955 0 78955 0 78955 120822 0 120822 0 120822 PART X, LINE 2: MANAGEMENT OF THE PROJECT IS REQUIRED TO DETERMINE WHETHER A TAX POSITION OF THE PROJECT IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT IS NOT AWARE OF ANY TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY CHANGE IN THE NEXT TWELVE MONTHS. HOWEVER, MANAGEMENT'S CONCLUSIONS MAY BE SUBJECT TO REVIEW AND ADJUSTMENT AT A LATER DATE BASED ON FACTORS INCLUDING, BUT NOT LIMITED TO, NEW TAX LAWS, REGULATIONS, AND ADMINISTRATIVE INTERPRETATIONS (INCLUDING RELEVANT COURT DECISIONS). THE PROJECT'S FEDERAL TAX RETURNS FOR THE PRIOR THREE FISCAL YEARS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. 0 0 0 0 0 0 0 0 0 ELAINE GIMMEL EXECUTIVE DIRECTOR 0 183853 0 0 0 0 0 22394 0 14648 0 220895 0 0 SHARON PARKS CHIEF FINANCIAL OFFICER 0 151167 0 0 0 0 0 12310 0 14604 0 178081 0 0 EMMA PETRIE BARCELONA CHIEF OPERATING OFFICER 0 148513 0 0 0 0 0 7436 0 0 0 155949 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION'S SPONSOR, EMERALD DEVELOPMENT AND ECONOMIC NETWORK, PROVIDES MANAGEMENT SERVICES ON BEHALF OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S SIGNING OFFICER SCANS THE FORM 990 FOR COMPLETENESS PRIOR TO SIGNATURE. FORM 990, PART VI, SECTION C, LINE 19 OUR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. 9830 DENISON AVENUE LLC 7812 MADISON AVENUE CLEVELAND OH 44102 383721038 RENTAL OH 120712 301485 EMERALD DEVELOPMENT AND ECONOMIC NETWORK 1970 WEST 77TH STREET LLC 7812 MADISON AVENUE CLEVELAND OH 44102 300296715 PARKING OH EMERALD DEVELOPMENT AND ECONOMIC NETWORK 2219-27 PAYNE AVENUE LLC 7812 MADISON AVENUE CLEVELAND OH 44102 331144740 RENTAL OH 561621 1862725 EMERALD DEVELOPMENT AND ECONOMIC NETWORK NORTHRIDGE COMMONS LLC 7812 MADISON AVENUE CLEVELAND OH 44102 520789306 RENTAL OH 370888 1062300 EMERALD DEVELOPMENT AND ECONOMIC NETWORK EMERALD PROPERTY MANAGEMENT NETWORK LLC 7812 MADISON AVENUE CLEVELAND OH 44102 331144742 RENTAL OH EMERALD DEVELOPMENT AND ECONOMIC NETWORK EMERALD DEVELOPMENT AND ECONOMIC NETWORK 7812 MADISON AVE CLEVELAND OH 44102 341667990 LOW-INCOME HOUSING OH 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0