2025-05-14T07:20:35-05:00 2024-09-30 410746749 CLIFTONLARSONALLEN LLP 475 REGENCY PARK SUITE 175 OFALLON IL 62269 990 2023-10-01 264049289 PARAQUAD 5240 INC PARA 3142894200 5240 OAKLAND AVENUE ST LOUIS MO 63110 JERRY EHRLICH CHIEF EXECUTIVE OFFICER 3142894200 2025-05-13 1 0 ERIKA MARTINEZ P02297196 6182331200 2025-05-13 2023 2025-03-06 01:10:19Z JERRY EHRLICH 5240 OAKLAND AVENUE ST LOUIS MO 63110 1605792 0 X N/A X 2009 MO CHARITABLE, EDUCATIONAL, AND SOCIAL PURPOSES THAT WILL SUPPORT AND PROMOTE THE CHARITABLE PROGRAMS OF PARAQUAD INC, A MISSOURI NONPROFIT CORPORATION. 3 3 0 3 -94566 0 0 0 898267 918526 0 0 -89606 -44566 808661 873960 720000 720000 0 0 15074 0 0 0 0 1325834 970672 2060908 1690672 -1252247 -816712 19235551 17523219 25077064 8024692 -5841513 9498527 CHARITABLE, EDUCATIONAL, AND SOCIAL PURPOSES THAT WILL SUPPORT AND PROMOTE THE CHARITABLE PROGRAMS OF PARAQUAD INC, A MISSOURI NONPROFIT CORPORATION 0 0 1448004 720000 968526 PARAQUAD 5240 OWNS AND MANAGES THE OFFICE BUILDING OCCUPIED BY PARAQUAD INC PER EXECUTED LEASE AGREEMENTS TO COLLECT MONTHLY RENT FROM PARAQUAD INC AND OTHER ENTITIES. REVENUE IN EXCESS OF EXPENSES AND REASONABLE RESERVES IS TRANSFERRED TO PARAQUAD INC TO SUPPORT THEIR CHARITABLE ACTIVITIES. 1448004 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 1 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X JERRY EHRLICH 3142894200 5240 OAKLAND AVE ST LOUIS MO 63110 ERIC WILLIS CHAIR 2.00 3.00 X X 0 0 0 JOHN BUTLER TREASURER 2.00 3.00 X X 0 0 0 ELTON THOMAS VICE CHAIR 2.00 3.00 X X 0 0 0 AIMEE WEHMEIER PRESIDENT 2.00 40.00 X 0 156824 19357 JERROLD EHRLICH CEO 5.00 40.00 X 0 191760 20222 0 348584 39579 0 0 1 0 0 RENTAL INCOME - PARAQU 532000 918526 918526 918526 637266 731832 -94566 -94566 -94566 INSURANCE SETTLEMENT 900099 50000 50000 50000 873960 968526 -94566 0 720000 720000 44491 33368 11123 3623 3623 15521 14358 1163 151676 113757 37919 335300 251475 83825 302171 226628 75543 52954 39716 13238 MAINTENANCE 64013 48010 16003 MISCELLANEOUS 923 692 231 1690672 1448004 242668 0 545433 1020378 261427 140800 176079 100898 21768745 5507602 18252612 16261143 19235551 17523219 160586 71856 17319423 1050036 7597055 6902800 25077064 8024692 X -5841513 9498527 -5841513 9498527 19235551 17523219 X -816712 16156752 X X 0 1 X 1 0 X X 1 PARAQUAD INC 237112449 7 1 720000 0 1 720000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 3249008 3249008 7968025 2900302 5067723 10551712 2607300 7944412 16261143 DEPOSITS HELD 52240 DUE TO PARAQUAD, INC. 6850560 6902800 1 PARAQUAD INC 5240 OAKLAND AVE ST LOUIS MO 63110 237112449 501(C)(3) 720000 0 PROGRAMMING 1 PART I, LINE 2: THE ORGANIZATION DISTRIBUTES TO ITS SUPPORTED ORGANIZATION, PARAQUAD INC, ANY PORTION OF PARAQUAD'S RENT PAYMENTS WHICH ARE NOT NECESSARY FOR PARAQUAD 5240'S EXPENSES AND REASONABLE RESERVES. THESE DISTRIBUTIONS FURTHER THE ORGANIZATION'S EXEMPT PURPOSE BY PROVIDING DIRECT FINANCIAL SUPPORT TO PARAQUAD INC., THEREBY AIDING PARAQUAD IN ITS CHARITABLE WORK. THE COMMON CONTROL BETWEEN THE ORGANIZATION AND PARAQUAD, INC ALLOWS THE ORGANIZATION TO HAVE DIRECT OVERSIGHT OF THE USE OF THE DISTRIBUTIONS IT MAKES TO PARAQUAD INC. 0 0 0 0 0 0 0 0 0 JERROLD EHRLICH CEO 0 191760 0 0 0 0 0 4794 0 15428 0 211982 0 0 AIMEE WEHMEIER PRESIDENT 0 156824 0 0 0 0 0 3921 0 15436 0 176181 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION IS MANAGED BY THE STAFF OF PARQUAD INC. ALL REQUIRED MANAGEMENT RESPONSIBILITIES ARE EXECUTED BY THE STAFF OF PARAQUAD INC. PARAQUAD 5240 INC IS CHARGED A MANAGEMENT FEE OF 5% OF GROSS RENTAL REVENUES BY PARAQUAD INC ON AN ANNUAL BASIS IN EXCHANGE FOR SUCH SERVICES. FORM 990, PART VI, SECTION A, LINE 7A AT EACH ANNUAL MEETING OF THE BOARD OF DIRECTORS, THE BOARD OF DIRECTORS SHALL ELECT AS DIRECTORS OF THE CORPORATION THE INDIVIDUALS WHO HAVE BEEN DULY ELECTED TO SERVE ON THE EXECUTIVE COMMITTEE OF PARAQUAD, INC. (THE "EXECUTIVE COMMITTEE") AS OF THE DATE OF SUCH ANNUAL MEETING. IF ANY SUCH PERSON IS UNABLE OR UNWILLING TO SERVE AS A DIRECTOR OF THE CORPORATION, THE BOARD OF DIRECTORS SHALL ELECT IN THE PLACE OF SUCH PERSON AN INDIVIDUAL WHO HAS BEEN DULY ELECTED TO SERVE AS DIRECTOR ON THE BOARD OF DIRECTORS OF PARAQUAD, INC. AS OF THE DATE OF SUCH ANNUAL MEETING. IF THERE IS NO EXECUTIVE COMMITTEE IN EXISTENCE AS OF THE DATE OF SUCH ANNUAL MEETING, THE BOARD OF DIRECTORS SHALL ELECT AS DIRECTORS OF THE CORPORATION INDIVIDUALS WHO HAVE BEEN DULY ELECTED TO SERVE AS DIRECTORS ON THE BOARD OF DIRECTORS OF PARAQUAD, INC. AS OF THE DATE OF SUCH ANNUAL MEETING. A DIRECTOR SHALL BE AUTOMATICALLY REMOVED FROM THE BOARD OF DIRECTORS IF SUCH DIRECTOR'S MEMBERSHIP IN THE EXECUTIVE COMMITTEE OR SERVICE ON THE BOARD OF DIRECTORS OF PARAQUAD, INC. IS TERMINATED FOR ANY REASON. FORM 990, PART VI, SECTION A, LINE 7B SEE 7A EXPLANATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE DIRECTOR OF FINANCE FOR PARAQUAD INC REVIEWS THE FORM 990 FOR PARAQUAD 5240 INC AFTER THE RETURN IS PREPARED BY THE ORGANIZATION'S ACCOUNTING FIRM. THE BOARD OF DIRECTORS RECEIVE AN ELECTRONIC COPY OF THE TAX RETURN PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C PARAQUAD INC REQUIRES EACH KEY EMPLOYEE AND DIRECTOR TO READ AND RE-SIGN THE CONFLICT OF INTEREST POLICY AGREEMENT EVERY YEAR. THE MEMBERS OF THE BOARD OF DIRECTORS FOR PARAQUAD 5240 INC ARE THE SAME INDIVIDUALS THAT COMPRISE THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS FOR PARAQUAD INC., AND THE CONFLICT OF INTEREST POLICY IS INCLUSIVE OF THE ACTIVITIES OF PARAQUAD 5240 INC. COMPLIANCE WITH THIS POLICY IS MONITORED BY THE EXECUTIVE DIRECTOR AND THE DIRECTOR OF FINANCE FOR PARAQUAD INC. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: GAIN ON CLOSING OF NMTC PROGRAM 16,156,752. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S OVERSIGHT OF THE AUDIT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. PARAQUAD INC 5240 OAKLAND AVENUE ST LOUIS MO 63110 237112449 SOCIAL SERVICE MO 501(C)(3) LINE 7 N/A 0 0 1 0 0 1 0 0 0 0 1 0 0 1 1 1 0 0 1 0 PARAQUAD INC B 720000 CASH PARAQUAD INC J 918526 FMV PARAQUAD INC R 77000 CASH