2025-05-14T09:52:33-05:00 2024-06-30 202122306 GBQ PARTNERS LLC 230 WEST STREET SUITE 700 COLUMBUS OH 43215 990 2023-07-01 311145544 ECONOMIC AND COMMUNITY DEVELOPMENT INSTITUTE ECON 6145590115 1655 OLD LEONARD AVENUE COLUMBUS OH 43219 INNA KINNEY CEO 6145590115 2025-05-13 1 0 KATHLEEN M MOSELEY P00116760 6142211120 2025-05-13 2023 2025-03-06 01:10:19Z INNA KINNEY 1655 OLD LEONARD AVENUE COLUMBUS OH 43219 15309878 0 X WWW.ECDI.ORG X 1985 OH ECDI SERVES THE NEEDS OF DISADVANTAGED LOW-INCOME, LOW-WEALTH ENTREPRENEURS THROUGH A MULTI-TIERED APPROACH THAT COMBINES ACCESS TO AFFORDABLE CAPITAL, WITH WRAPAROUND SMALL BUSINESS DEVELOPMENT SERVICES, ALLOWING UNDERSERVED ENTREPRENEURS TO CREATE AND EXPAND THEIR BUSINESS AND ENTER THE ECONOMIC MAINSTREAM. 12 10 91 111 0 0 10267064 11417138 3550963 3733433 5427 159307 0 0 13823454 15309878 229909 278253 0 0 7303836 7642525 0 0 0 5318294 5526352 12852039 13447130 971415 1862748 74364076 77366197 60854801 59726675 13509275 17639522 THE MISSION OF ECONOMIC AND COMMUNITY DEVELOPMENT INSTITUTE (ECDI) IS TO INVEST IN PEOPLE TO CREATE MEASURABLE AND ENDURING SOCIAL AND ECONOMIC CHANGE. ECDI ACCOMPLISHES ITS MISSION THROUGH SMALL BUSINESS LENDING AND DEVELOPMENT SERVICES. 0 0 7580801 278253 643797 ECDI PROVIDES SMALL BUSINESS DEVELOPMENT SERVICES INCLUDING ONE-ON-ONE TECHNICAL ASSISTANCE, BUSINESS DEVELOPMENT TRAINING, AND SECTOR-SPECIFIC BUSINESS INCUBATION PROGRAMS. ECDI IS THE HOST OF FOUR SBA WOMEN'S BUSINESS CENTERS AND PROVIDES SERVICES ACROSS THE STATE OF OHIO AND PARTS OF WEST VIRGINIA, KENTUCKY, AND INDIANA, WITH OFFICES IN SEVEN CITIES. 3024045 0 3089636 ECDI OFFERS RESPONSIBLE, AFFORDABLE SMALL BUSINESS LOANS RANGING FROM $750 TO $500,000 TO ENTREPRENEURS THAT FACE BARRIERS TO OBTAINING CAPITAL FROM TRADITIONAL FINANCIAL INSTITUTIONS. ECDI'S CLIENTELE CONSISTS LARGELY OF WOMEN (52.7%), MINORITIES (57.2%), AND LOW-MODERATE INCOME PEOPLE (47.7%). DURING FISCAL YEAR 2023, ECDI DISBURSED 948 LOANS TOTALING MORE THAN $23.0 MILLION. 10604846 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 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 108 0 1 91 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 OH X INNA KINNEY 6145590115 1655 OLD LEONARD AVENUE COLUMBUS OH 43219 INNA KINNEY FOUNDER & CEO 40.00 X X 318890 0 35386 STEVEN FIREMAN PRESIDENT/SECRETARY 40.00 X X 369534 0 35616 DARREN CHERRY CHAIR/VOTING INDEPENDENT BOARD MEMBER 0.00 X X 0 0 0 JEFFREY BULLER TREASURER/VOTING INDEPENDENT BOARD MEMBER 0.00 X X 0 0 0 MAGARET FERENCE VOTING INDEPENDENT BOARD MEMBER 0.00 X 0 0 0 JOHN HRUSOVSKY II VOTING INDEPENDENT BOARD MEMBER 0.00 X 0 0 0 MATHEW GLOVER VOTING INDEPENDENT BOARD MEMBER 0.00 X 0 0 0 RODELL MCCULLOUGH VOTING INDEPENDENT BOARD MEMBER 0.00 X 0 0 0 CARRIE ROSENFELT VOTING INDEPENDENT BOARD MEMBER 0.00 X 0 0 0 ALICIA TOWNSEND VOTING INDEPENDENT BOARD MEMBER 0.00 X 0 0 0 TARA CAMPBELL VOTING INDEPENDENT BOARD MEMBER 0.00 X 0 0 0 JEFFERY PATTER VOTING INDEPENDENT BOARD MEMBER 0.00 X 0 0 0 MAUREEN THOMAS CFO 40.00 X 215183 0 23670 BRIAN BARRET VP OF FINANCIAL MANAGEMENT 40.00 X 111798 0 5431 FONDA WILLIAMS CHIEF GOV'T AFFAIRS AND ECONOMIC DEVELOPMENT OFFIC 40.00 X 186785 0 8557 JASMINE DIXON VP OF BUSINESS GROWTH DEVELOPMENT / FUNDRAISING 40.00 X 132387 0 6296 ANNA PARLET VP OF DEVELOPMENT 40.00 X 118586 0 9212 STEPHANIE MARIE VILLEGAS VP OF LENDING & SALES 40.00 X 113816 0 10320 1566979 0 134488 9 0 1 0 SESSLEY BUILDING SERVICES LLC 2100 BUILDERS PLACE COLUMBUS OH 43204 CONSTRUCTION 716748 SBC SMALL BUSINESS ADVISING LLC 10497 WINCHESTER ROAD ASHVILLE OH 43103 TRAINING TO SMALL BUSINESS 262682 ICE MILLER LEGAL COUNSEL ONE AMERICAN SQUARE SUITE 2900 INDIANAPOLIS IN 46282 LEGAL SERVICES 110050 3 9786247 1630891 11417138 INTEREST AND CLOSING FEES ON LOAN 900099 3089636 3089636 MEMBERSHIP, REGISTRATION, REVENUE 900099 643797 643797 3733433 159307 159307 15309878 3733433 0 159307 X 278253 278253 1219245 940822 278423 5041958 3890592 1151366 50522 30340 20182 883395 625082 258313 447405 317292 130113 151119 60655 90464 61842 24821 37021 1351174 1179576 171598 262593 183449 79144 607867 599856 8011 297443 156539 140904 767149 763493 3656 284030 284030 PROVISION FOR LOAN LOSS 1123595 1123595 OTHER 280168 186999 93169 BANK AND CREDIT REPORT 268953 176786 92167 EQUIPMENT RENT & MAINT 70419 66696 3723 13447130 10604846 2842284 0 25519718 20823681 3436482 4199233 39847664 46394883 177224 223006 6772018 1730009 4906806 5042009 476182 683385 74364076 77366197 883182 873717 876737 328478 31488317 27134324 26988605 31158979 617960 231177 60854801 59726675 X 13200631 17518523 308644 120999 13509275 17639522 74364076 77366197 1862748 2267499 0 X 0 1 X 1 1 1 X 6409264 11454651 17056063 10267064 11417138 56604180 6409264 11454651 17056063 10267064 11417138 56604180 56604180 851 939 617 5427 159307 167141 56771321 15245247 0.99710 0.99980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 235000 235000 5419261 1426448 3992813 605445 303561 301884 512312 512312 5042009 OPERATING LEASE LIABILITIES 62818 DUE TO FUND 168359 231177 X 15309878 0 15309878 0 15309878 13447130 0 13447130 0 13447130 PART X, LINE 2: ECDI PERFORMS AN ANNUAL ASSESSMENT FOR ANY UNCERTAINTY IN INCOME TAX POSITIONS, WHICH INCLUDES AN ANALYSIS OF WHETHER THERE ARE ANY TAX POSITIONS THAT ECDI TAKES WITH REGARD TO UNRELATED BUSINESS INCOME, RELATED DEDUCTIONS APPLIED, OR OTHER ACTIVITIES THAT MAY JEOPARDIZE THEIR TAX EXEMPT STATUS AND THUS WOULD MEET THE DEFINITION OF AN UNCERTAIN TAX POSITION. NO TAX LIABILITY ACCRUAL WAS RECORDED RELATING TO MATERIAL UNCERTAIN POSITIONS TAKEN AS MANAGEMENT BELIEVES THERE ARE NONE. 1 COMMUNITY IMPROVEMENT CORPORATION OF BELMONT COUNTY 133 WOODROW AVENUE SAINT CLAIRSVILLE OH 43950 340926381 15667 0 COLLABORATE WITH THE ORGANIZATION TO IMPLEMENT NEEDED BUSINESS DEVELOPMENT PROGRAMMING THAT IMPROVES THE ECONOMY IN THEIR COMMUNITIES AND TO INCREASE THE CAPACITY OF THE ORGANIZATION TO OFFER ADDITIONAL SMALL BUSINESS RESOURCES FOR THEIR RESIDENTS. 1 PART I, LINE 2: PROGRAM STAFF REVIEW ALL PROGRAMMATIC REPORTS SUBMITTED AND COMPARE TO INVOICING. IF OK THEY ARE FORWARDED TO FISCAL FOR PROCESSING. ECDI STAFF GO TO PARTNER LOCATIONS THROUGHOUT THE YEAR, BRINGING OFFICE HOURS AND WORKSHOPS TO EACH COMMUNITY. DURING THESE VISITS, THE MAIN GRANTOR CHECK-IN WITH THEIR PARTNERS TO ENSURE PROGRAMMATIC EXCELLENCE. PROGRAM PARTNERS COME TOGETHER AT LEAST ONCE PER YEAR TO REVIEW THE PROGRAM, DISCUSS CHANGES, AND IMPROVEMENTS. X 0 0 0 0 0 0 0 0 0 STEVEN FIREMAN PRESIDENT/SECRETARY 359334 0 0 0 10200 0 28600 0 7016 0 405150 0 0 0 INNA KINNEY FOUNDER & CEO 308690 0 0 0 10200 0 30500 0 4886 0 354276 0 0 0 MAUREEN THOMAS CFO 215183 0 0 0 0 0 20495 0 3175 0 238853 0 0 0 FONDA WILLIAMS CHIEF GOV'T AFFAIRS AND ECONOMIC DEV 186785 0 0 0 0 0 3863 0 4694 0 195342 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B COPIES ARE SENT TO FULL BOARD PRIOR TO FILING AND APPROVAL RECEIVED FROM AUTHORIZED BOARD REP. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS INCLUDED IN THE EMPLOYEE HANDBOOK AND EMPLOYEES MUST SIGN AS HAVING READ AND UNDERSTOOD. THE POLICY IS ALSO DISCUSSED AT PERIODIC STAFF MEETINGS. POTENTIAL CONFLICTS ARE TO BE DISCLOSED IN WRITING TO HUMAN RESOURCES WHO THEN INVESTIGATE, MAKE AN INITIAL FINDING AS TO WHETHER A CONFLICT EXISTS, AND RECOMMEND TO MANAGEMENT POTENTIAL ACTION TO REMEDY THE SITUATION. THE COMPANY HAS A WHISTLEBLOWER POLICY THAT PROTECTS INDIVIDUALS WHO IDENTIFY A CONFLICT OF INTEREST IN AN EFFORT TO ENCOURAGE OPEN DISCLOSURE OF CONFLICTS OR WRONG DOING. THIS WHISTLEBLOWER POLICY CAN BE FOUND IN THE ECDI EMPLOYEE HANDBOOK AS WELL AS OUR BOARD POLICY MANUAL. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC SINCE THERE IS NO LEGAL PROVISION TO DO SO. FORM 990, PART IX, LINE 11G CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 1,179,576. MANAGEMENT AND GENERAL EXPENSES 171,598. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,351,174.