2025-11-05T13:21:03-07:00 2024-12-31 990 2024-10-01 592669952 ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC ORLA 4076481623 500 Delaney Avenue Suite 303 Orlando FL 32801 Alfred Arzuaga President 4076481623 2025-11-05 1 2024 2025-03-06 01:10:19Z Alfred Arzuaga 500 Delaney Avenue Suite 303 Orlando FL 32801 9338486 0 X orlandoneighborhood.org X 1985 FL ONIC leverages its provision of multifamily affordable housing to empower and support families, enhancing their housing stability while fostering community and asset building. In addition to providing roofs and walls, ONIC implements a comprehensive approach that includes free place-based programs and services coordination. ONIC's mission is to create thriving, sustainable, inclusive, and affordable communities. 9 9 22 47 0 0 3821871 102870 10750582 7819781 23752327 1415835 0 0 38324780 9338486 51063750 53257 0 0 2703775 658416 0 0 66484 8577705 1959989 62345230 2671662 -24020450 6666824 70388736 76674966 23050749 22670155 47337987 54004811 ONIC's primary exempt purpose is to lessen the burden of government, relieve the poor and distressed, promote social welfare and combat community deterioration. This is achieved through the development and preservation of affordable housing, community engagement initiatives, and programs that support economic empowerment, environmental sustainability, and social equity. Our efforts are focused on enhancing the quality of life for all residents, particularly those in underserved and marginalized communities. 0 0 2040779 0 1908714 ONIC directly operates 642 units of affordable rental housing and serves as the general partner of various entities which own an additional 829 units of affordable rental housing. 203128 2000 56600 ONIC's Resident Services supports its residents' housing stability through three core pillars: housing stability, asset building, and community building & engagement. From 10/1/2024 to 12/31/2024, Resident Services delivered a wide range of on-site activities across many ONIC communities, including tenant housing education, public benefits navigation, mobile food pantry distribution, financial literacy, job training, community and safety meetings, youth afterschool enrichment, access to health services, and resident leadership development. These efforts were all geared to support housing stability which resulted in 443 service interactions, reaching 451 unique individuals. Additionally, 47 volunteers contributed over 676 hours of service. Collectively, these activities work to keep residents stably housed and connected to resources that support housing retention and community stabilization. 132973 0 5854467 ONIC is an award winning leader in building and operating high quality affordable rental homes in Central Florida. Since 1989, ONIC has participated (as developer or partner) in 24 communities in Central Florida, representing 2856 residential units. During the reporting period, ONIC continued efforts associated with the development of two affordable housing properties. 0 0 0 2376880 1 1 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 46 0 1 22 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 FL X V Scott 4076481623 500 Delaney Avenue Suite 303 Orlando FL 32801 Alfred Arzuaga President 42 4 X 147027 0 32805 Victoria Scott VP of finance 42 4 X 154913 0 7406 Alexis Collins VP of Resident Services 42 4 X 133838 0 7788 Ericka Dunlap Chair 1 1.3 X X 0 0 0 Cindy Colvin Vice Chair 1 1.3 X X 0 0 0 Milton Carroll Jr Secretary and Treasurer 1 1.3 X X 0 0 0 Ralph Armstead Director 1 1.3 X 0 0 0 Eddie Brown Director 1 1.3 X 0 0 0 Derek Burke Director 1 1.3 X 0 0 0 Kimberly Pizarro Cruz Director 1 1.3 X 0 0 0 Cathy Sterba Director 1.0 1.3 X 0 0 0 Craig Ridinger Director 1 1.3 X 0 0 0 435778 0 47999 3 0 1 0 RB Marks Construction Inc 125 Excelsior Pkwy STE 101 Winter Springs FL 32708 Construction Services 1686141 CCA-FL LLC 1400 Gulf Blvd Unit 311 Clearwater Beach FL 33767 Redevelopment Consulting 692993 Lewis Walker Roofing Inc 1118 S Marion Avenue Lake City FL 32025 Roofing Service 454719 Schaefer General Contracting Services LLC 4899 W Waters Ave STE A B Tampa FL 33634 Construction Services 353751 Signal 88 LLC PO Box 8246 Omaha NE 68108 Courtesy Patrol Services 338233 11 0 0 0 0 73039 29831 53039 102870 Rental and Ancillary Income-Affordable Housing 624229 1908714 1908714 0 0 Developer & Mgmt Fees - Afford Housing 624229 5854467 5854467 0 0 Prodigy Cultural Arts Program 624100 36000 36000 0 0 20600 20600 0 0 7819781 1415835 0 0 1415835 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9338486 7819781 0 1415835 2000 2000 51257 51257 113248 46260 38870 28118 431385 342184 76389 12812 476 476 53398 37962 13284 2152 59909 39350 15111 5448 72646 72646 1303 513 790 22250 22250 45170 30704 10160 4306 4542 4542 7864 3810 3980 74 12134 747 11387 15495 -281 11798 3978 7154 5536 1618 243732 235604 5806 2322 212017 200678 8099 3240 351907 344315 4960 2632 Repairs & Improvements 685596 685596 0 0 Utilities 199763 198558 807 398 Property Admin Costs 49587 49587 0 0 Field trips, program materials, service providers 22565 22410 0 155 6264 2426 2989 849 2671662 2376880 228298 66484 X 0 0 0 0 12038050 8235487 544663 275433 721780 402707 31861936 16138033 15050126 15723903 38064850 47339305 3969267 4698131 70388736 76674966 2975215 2460119 130710 334407 149675 144323 18686024 18632112 1109125 1099194 23050749 22670155 X 46806033 54004811 531954 0 47337987 54004811 70388736 76674966 6666824 0 0 0 0 0 X 0 1 X 1 1 1 X 1870503 987125 782635 3873371 102870 7616504 1870503 987125 782635 3873371 102870 7616504 7616504 283739 2769265 2636171 1415835 7105010 14721514 55915164 0.51737 0.6245 X Schedule A, Part II, Line 1 $102,870 contributions reported is for short year 10/1/2024 to 12/31/2024. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 2885934 0 0 0 885934 0 2000000 6629881 705000 0 0 4448947 0 2885934 5775637 1118147 0 0 263903 0 6629881 5136646 1193817 0 0 554826 0 5775637 5007608 537245 0 0 408207 0 5136646 1 0 0 0 1 1 0 3837441 3837441 0 26333577 15143880 11189697 0 441775 76678 365097 0 1249143 917475 331668 0 0 0 0 15723903 Receivables Associated with Affordable Housing Activities 46580731 C Capital Investment in Affordable Housing Activities 758574 C 47339305 Right of use asset 1048846 Construction in Process 3419588 Tenant security and utility deposits 229697 4698131 0 Lease Obligation 1099194 1099194 X Schedule D, Part IV, Line 2b The organization maintains an escrow account for security deposits paid by tenants. Schedule D, Part V, Line 4 ONIC's endowment funds are used for a) donor stipulated programs (term endowment funds), b)donor-stipulated program related capital investments (permanent endowment) and c) board-designated reserves. Schedule D, Part X, Line 2 ONIC is exempt from federal income tax under provision of Section 501(c)(3) of the Internal Revenue Code. In addition, ONIC has been determined by the Internal Revenue Service not to be a private foundation within the meaning of Section 509(a) of the code. Consequently, no provision for income taxes has been included in the accompanying financial statements. In accordance with "Income Taxes" FASB Accounting Standards Codification Topic 740 (Topic 740), all entities are required to evaluate and disclose income tax risks. Topic 740 clarifies the accounting for uncertainty in tax positions and prescribes guidance related to the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The tax benefit from an uncertain tax position is only recognized in the statement of financial position if the tax position is more likely than not to be sustained upon an examination, based on the technical merits of the position. Interest and penalties, if any, are included in expenses in the statement of activities. As of December 31, 2024, ONIC had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. ONIC's income tax returns are subject to review and examination by federal authorities. ONIC is not aware of any activities that would jeopardize its tax-exempt status. ONIC is not aware of any activities that are subject to tax on unrelated business income, excise or other taxes. The tax returns for the fiscal years ended from 2021 to 2024 are open to examination by federal authorities. 1 Rental assistance program: Provided crucial rental assistance to eligible ONIC community residents facing financial hardship and risk of eviction. The program helped prevent displacement and supported residents in maintaining safe, stable housing. 144 45372 Eviction Prevention Assistance Program (EPAP): provided crucial rental assistance to eligible ONIC community residents facing financial hardship and risk of eviction. Participants received up to 1.5 months of rental support and were required to engage in program activities such as budgeting to promote housing stability. The program helped prevent displacement and supported residents in maintaining safe, stable housing. 3 4985 Growth Leadership incentive: Provided participant support as part of a financial education and leadership development initiative. The incentive encouraged participation and completion, recognized individuals that demonstrated consistent attendance, engagement, and progress in coaching sessions, encouraging continued participation, peer support, financial capability, and community leadership. 12 900 Schedule I, Part I, Line 2 Assistance is issued to qualified participants in certain Resident Services programs. These individuals are awarded assistance upon completion of various classes or upon demonstration of a qualified need. X X X 0 0 0 0 0 0 0 0 0 Alfred Arzuaga President 147027 0 0 0 0 0 7555 0 25249 0 179831 0 0 0 Victoria Scott VP of finance 154913 0 0 0 0 0 7406 0 0 0 162319 0 0 0 Schedule J, Part I, Line 3 ONIC's compensation levels are reviewed and approved annually by the Executive Committee. As part of this review, the committee reviews compensation surveys for comparable positions. X Value of imputed interest 5 53039 fair value 0 0 1 0 Form 990, Header, Line A The entity has changed its accounting period. Revenue Procedure 85-58 rules apply. Form 990, Part VI, Section B, Line 11b Form 990 was distributed to all officers and directors for review and comment prior to filing. Form 990, Part VI, Section B, Line 12c Annual disclosure forms are reviewed carefully and a listing of potentially conflicted entities and individuals is maintained. Proposed transactions are matched against the listing as a means of identifying potential conflicts. Form 990, Part VI, Section B, Line 15 ONIC's compensation levels are reviewed and approved annually by the Executive Committee. As part of this review, the committee reviews compensation surveys for comparable positions. Form 990, Part VI, Section C, Line 19 These items are available to the public upon request; in addition, consolidated financial statements for ONIC and its affiliates are posted on cffound.org (a website that is maintained by the Central Florida Foundation) and at candid.org (a website that is maintained by Candid). ONIC-Boca Club LLC 500 Delaney Avenue Suite 303 Orlando FL 32801 592669952 affordable housing provider FL 509565 6183485 Orlando Neighborhood Improvement Corp ONIC-Callahan Oaks LLC 500 Delaney Avenue Suite 303 Orlando FL 32801 592669952 To provide affordable housing FL 123737 795958 Orlando Neighborhood Improvement Corp ONIC-Seville Place Developer LLC 500 Delaney Avenue Suite 303 Orlando FL 32801 592669952 Develop affordable housing FL 0 0 Orlando Neighborhood Improvement Corp ONIC-Forest Edge GP LLC 500 Delaney Avenue Suite 303 Orlando FL 32801 592669952 To provide affordable housing FL 109991 1411672 Orlando Neighborhood Improvement Corp ONIC-Golden Oaks LLC 500 Delaney Avenue Suite 303 Orlando FL 32801 831578378 To provide affordable housing FL 301112 5052961 Orlando Neighborhood Improvement Corp ONIC-Hollowbrook LLC 500 Delaney Avenue Suite 303 Orlando FL 32801 474499450 To provide affordable housing FL 0 0 Orlando Neighborhood Improvement Corp ONIC-Maitland Oaks LLC 500 Delaney Avenue Suite 303 Orlando FL 32801 592669952 To provide affordable housing FL 264605 4252523 Orlando Neighborhood Improvement Corp ONIC-New Palm Grove Gardens LLC 500 Delaney Avenue Suite 303 Orlando FL 32801 813910412 Affordable Housing FL 699765 7161022 Orlando Neighborhood Improvement Corp ONIC-Acquisition LLC 500 Delaney Avenue Suite 303 Orlando FL 32801 592669952 affordable housing FL 0 0 Orlando Neighborhood Improvement Corp ONIC-414 Parking Lot LLC 500 Delaney Avenue Suite 303 Orlando FL 32801 592669952 affordable housing (parking for) FL 505 0 Orlando Neighborhood Improvement Corp ONIC-EMERALD VILLAS PHASE THREE DEVELOPER LLC 500 Delaney Avenue Suite 303 Orlando FL 32801 993776538 Develop affordable housing FL 600 600 Orlando Neighborhood Improvement Corp ONIC-Senior Affordable Housing Inc FKA ONIC-Palm Grove Gardens Inc 500 Delaney Avenue Suite 303 Orlando FL 32801 300024593 To provide affordable housing FL 501(c)(3) 509(a)(3) Orlando Neighborhood Improvement Corp 1 Anvil-Richard Allen Gardens 500 Delaney Avenue Suite 303 Orlando FL 32801 593411351 To provide affordable housing FL 501(c)(3) 170(b)(i)(A)(vi) Orlando Neighborhood Improvement Corp 1 ONIC-Hidden Cove Inc 500 Delaney Avenue Suite 303 Orlando FL 32801 593598686 To provide affordable housing FL 501(c)(3) 509(a)(3) Orlando Neighborhood Improvement Corp 1 Orlando Neighborhood Improvement Foundation Inc 500 Delaney Avenue Suite 303 Orlando FL 32801 992326527 To support increased affordable housing opportunities FL 501(c)(3) application pending Orlando Neighborhood Improvement Corp 1 414 East Pine Street LP 500 Delaney Avenue Suite 303 Orlando FL 32801 832814629 To provide affordable senior housing FL ONIC-Senior Affordable Housing Inc Related -23 9457433 0 1 0.00009 4900 S Rio Grande Avenue LP 500 Delaney Avenue Suite 303 Orlando FL 32801 923092701 To provide affordable housing FL ONIC-Cove GP LLC Related -240 22157181 0 1 0.00009 5465 Curry Ford LP 500 Delaney Avenue Suite 303 Orlando FL 32801 923336416 To provide affordable housing FL ONIC-Brook GP LLC Related -41 40101447 0 1 0.00009 Seville Place Preservation LLC 2850 TIGERTAIL AVE STE 800 MIAMI FL 33133 271302095 To provide affordable housing FL ONIC-SEVILLE PLACE LLC Related -522 3997667 0 1 0.49 ONIC-Seville Place LLC 500 Delaney Avenue Suite 303 Orlando FL 32801 453966725 To provide affordable housing FL Orlando Neighborhood Improvement Corp C 260161 2474 1 1 ONIC-Emerald Villas Phase Two LLC 500 Delaney Avenue Suite 303 Orlando FL 32801 592669952 To provide affordable housing FL Orlando Neighborhood Improvement Corp C 0 -175 1 1 ONIC-Emerald Villas Phase Three LLC 500 Delaney Avenue Suite 303 Orlando FL 32801 994290610 To provide affordable housing FL Orlando Neighborhood Improvement Corp C 0 0 1 1 ONIC-Cove GP LLC 500 Delaney Avenue Suite 303 Orlando FL 32801 923069622 To provide affordable housing FL Orlando Neighborhood Improvement Corporation Inc C 10000 9931 0.79 1 ONIC-Brook GP LLC 500 Delaney Avenue Suite 303 Orlando FL 32801 923314945 To provide affordable housing FL Orlando Neighborhood Improvement Corporation Inc C 0 757876 0.79 1 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 414 East Pine Street LP a-i 73146 Accrual of interest on intercompany loans. 4900 S Rio Grande Avenue LP a-i 564126 Accrual of interest on intercompany loans. 5465 Curry Ford LP a-i 742558 Accrual of interest on intercompany loans. ONIC-Brook GP LLC b 757974 Capital contributions for affordable housing redevelopment. 5465 Curry Ford LP d 1938560 Loans to partnership for property redevelopment. ONIC-Seville Place LLC l 155005 Accrual of asset management fee related to Emerald Villas (affordable housing). 4900 S Rio Grande Avenue LP l 3172677 Accrual of developer fee related to Hidden Cove (affordable housing). 5465 Curry Ford LP l 2526785 Accrual of developer fee related to Hollowbrook (affordable housing).