2025-08-15T10:38:32-05:00 2024-12-31 351476702 BRADY WARE & SCHOENFELD INC 3601 RIGBY ROAD SUITE 400 DAYTON OH 45342 990 2024-01-01 310885010 CITYWIDE NEIGHBORHOOD DEVELOPMENT CORPORATION CITY 9378532529 8 N MAIN STREET DAYTON OH 45402 ROSALIE GEHRICH CHIEF FINANCIAL OFFICER 9378532529 2025-08-11 1 0 MARY T COLEGATE CPA P00197566 9372235247 2025-08-11 2024 2025-03-06 01:10:19Z ROSALIE GEHRICH 8 NORTH MAIN STREET DAYTON OH 45402 709496 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. 20 20 0 0 0 0 2000 500 704342 708996 260084 0 0 0 966426 709496 0 0 0 0 0 0 0 0 0 716358 773675 716358 773675 250068 -64179 3830286 3999787 3046792 3280472 783494 719315 X TO CREATE AND IMPLEMENT COMPREHENSIVE COMMUNITY DEVELOPMENT STRATEGIES AND PROGRAMS TO BUILD COMMUNITIES AND REVITALIZE NEIGHBORHOODS WITHIN THE CITY OF DAYTON. 0 0 583077 708996 CITYWIDE IS A LEADER IN THE CREATION & IMPLEMENTATION OF COMPREHENSIVE NEIGHBORHOOD DEVELOPMENT STRATEGIES & PROGRAMS IN URBAN NEIGHBORHOODS IN DAYTON, OH. CITYWIDE IS CURRENTLY LEADING COMPREHENSIVE COMMUNITY DEVELOPMENT WORK IN FIFTEEN CITY NEIGHBOROODS. IN THE FAIRGROUNDS NEIGHBORHOOD, THE FIRST PHASE OF DEVELOPMENT OF A DIGITAL TRANSFORMATION CENTER IS EXPECTED TO CLOSE IN 2025 AMD BE UNDER CONSTRUCTION BY FALL. CITYWIDE CONTINUES TO DEVELOP AND IMPROVE THE OLD NORTH DAYTON AND MCCOOK FIELD NEIGHBORHOODS. A COMPREHENSIVE NEIGHBORHOOD PLAN AND INTERACTIVE DESIGN PROCESS WAS COMPLETED TO REDEVELOP PARK SPACE AT A KEY INTERSECTION. THE FIRST PHASE OF THIS DEVELOPMENT HAS BEEN COMPLETED. IN THE PHOENIX NEIGHBORHOOD DEVELOPMENT PLANNING IS UNDERWAY FOR THE SECOND PHASE OF DEVELOPMENT AT A SITE OF MIXED HOUSING DEVELOPMENT WITH COMPLEMENTARY RETAIL AND SERVICES TO BUILD ON THE SUCCESS OF THE YMCA COMPLETED IN 2023. 583077 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 20 20 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 FRANK FERRANTE TRUSTEE 1.00 X 0 0 0 SHELLEY DICKSTEIN TRUSTEE 1.00 X 0 0 0 STEVE GONDOL TRUSTEE 1.00 X 0 0 0 GINA MCFARLANE-EL TRUSTEE 1.00 X 0 0 0 TERRI BETHEL VICE CHAIRMAN 1.00 X X 0 0 0 FRANK PETRIE 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 AMY RIEGEL 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 MARK WILLIAMS TRUSTEE 1.00 X 0 0 0 ROSALIE GEHRICH CFO/ASST TREASURER 1.00 40.00 X 0 168408 23732 DANIEL KANE PRESIDENT 1.00 40.00 X 0 220850 46542 KAREN DEMASI ASSISTANT SECRETARY 1.00 40.00 X 0 147456 19968 SHANE WILKIN SENIOR BUSINESS DEVELOPMEN 1.00 40.00 X 0 142152 18344 HEATHER CORBIN SBA DIRECTOR/SR BUSINESS D 1.00 40.00 X 0 156414 11823 0 835280 120409 0 0 1 0 0 500 500 NEIGHBORHOOD DEVELOPME 900099 708996 708996 708996 709496 708996 0 0 687502 496904 190598 1850 1850 2100 2100 2250 2250 615 615 269 269 1600 1600 1621 1621 PROFESSIONAL FEES 38355 38355 MISCELLANEOUS EXPENSES 22076 22076 TRAINING 13607 13607 DUES & SUBSCRIPTIONS 1830 1830 773675 583077 190598 0 1001950 1117088 213750 261326 2614586 2621373 3830286 3999787 54449 7971 2992343 3272501 3046792 3280472 X 783494 719315 783494 719315 3830286 3999787 -64179 0 X X 0 1 X 1 0 X 500 3500 1000 2000 500 7500 565542 636082 660410 704342 708996 3275372 566042 639582 661410 706342 709496 3282872 0 0 0 3282872 566042 639582 661410 706342 709496 3282872 1.00000 1.00000 0.00000 X 0 LOANS RECEIVABLE-HOUSING 51457 ALLOWANCE FOR BAD DEBTS-HOUSING -51457 PASS THRU LOANS RECEIVABLE 2520298 INTEREST RECEIVABLE-HOUSING 29 PASS THRU INTEREST RECEIVABLE 97471 OTHER RECEIVABLE 3575 2621373 PASS THRU INTEREST PAYABLE 97471 A/P AFFILIATE 41701 OTHER PAYABLE 612155 PASS THRU LOANS PAYABLE 2520298 OTHER ACCRUED LIABILITIES 847 INTEREST PAYABLE 29 3272501 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, 2024 OR 2023. 0 0 0 0 0 0 0 0 0 DANIEL KANE PRESIDENT 0 203350 0 17500 0 0 0 20646 0 25896 0 267392 0 0 ROSALIE GEHRICH CFO/ASST TREASURER 0 155908 0 12500 0 0 0 13473 0 10259 0 192140 0 0 HEATHER CORBIN SBA DIRECTOR/SR BUSINESS D 0 154414 0 2000 0 0 0 11823 0 0 0 168237 0 0 KAREN DEMASI ASSISTANT SECRETARY 0 135456 0 12000 0 0 0 11796 0 8172 0 167424 0 0 SHANE WILKIN SENIOR BUSINESS DEVELOPMEN 0 137152 0 5000 0 0 0 11372 0 6972 0 160496 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 101208 COST CITYWIDE DEVELOPMENT CORP O 586294 COST CITYWIDE DEVELOPMENT CORP P 687502 COST