2025-11-13T13:45:44-06:00 2024-12-31 994625061 CRI ADVISORS LLC 4004 SUMMIT BLVD NE SUITE 800 ATLANTA GA 30319 990 2024-01-01 932479814 OPEN HAND NMTC SUPPORT CORPORATION OPEN 4048728089 1380 MARIETTA ST NW ATLANTA GA 30318 ROBERT CUELLAR AUTHORIZED REPRESENTATIVE 4048728089 2025-11-12 1 0 TIFFANY T ORR CPA P01559485 7703948000 2025-11-12 2024 2025-03-06 01:10:19Z ROBERT CUELLAR 1380 MARIETTA ST NW ATLANTA GA 30318 103216 0 X WWW.OPENHANDATLANTA.ORG X 2023 GA THE ORGANIZATION'S MISSION IS SOLELY TO SUPPORT THE BUSINESS OPERATIONS OF OPEN HAND ATLANTA, INC. THE ORGANIZATION WAS FORMED PURSUANT TO SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE AS A SUPPORTING ORGANIZATION AS IT RELATES TO OPEN HAND ATLANTA'S SUCCESSFUL EFFORT TO OBTAIN NEW MARKET TAX CREDIT (NMTC) FINANCING FOR ITS NEW CAMPUS FACILITY IN 2023. REFER TO THE 2024 FORM 990 FOR MORE INFORMATION ON OPEN HAND ATLANTA. 5 5 0 0 0 0 0 0 0 0 0 0 8118 103216 8118 103216 0 0 0 0 0 0 0 0 0 555051 497898 555051 497898 -546933 -394682 17161282 16107969 17458585 17049585 -297303 -941616 THE ORGANIZATION'S MISSION IS SOLELY TO SUPPORT THE BUSINESS OPERATIONS OF OPEN HAND ATLANTA, INC AS STATED ABOVE IN PART I. 0 0 THE ORGANIZATION HAS NO PROGRAM SERVICE ACCOMPLISHMENTS FOR 2024 BECAUSE THIS IS NOT ITS MISSION OR ITS PURPOSE. THE ORGANIZATION WAS FORMED AND EXISTS SOLELY TO SUPPORT THE BUSINESS OPERATIONS OF OPEN HAND ATLANTA INC. 1 0 0 0 0 0 0 0 0 0 1 0 0 0 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 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 1 0 GA X MATTHEW PIEPER 4048728089 1380 MARIETTA ST NW ATLANTA GA 30318 SUDEVI GHOSH PRESIDENT 1.00 X X 0 0 0 ROBERT JOSEPH VICE PRESIDENT 1.00 X X 0 0 0 CROMWELL S BAUN TREASURER 1.00 X X 0 0 0 CHARLES MENDEZ SECRETARY 1.00 X X 0 0 0 ALEX GARCIAS DIRECTOR 1.00 X 0 0 0 ROBERT CUELLAR AUTHORIZED REPRESENTATIVE 1.00 40.00 X 0 157756 13563 MATTHEW PIEPER AUTHORIZED REPRESENTATIVE 1.00 40.00 X 0 197522 12108 0 355278 25671 0 0 1 0 0 103216 0 103216 103216 103216 103216 0 0 103216 X 74500 74500 152500 152500 270898 270898 497898 0 497898 0 6973470 624583 8118 111334 15996573 624521 10179694 15372052 17161282 16107969 15250000 15250000 2208585 1799585 17458585 17049585 X -297303 -941616 -297303 -941616 17161282 16107969 X -394682 -249631 X 0 1 X 1 1 1 X X 1 OPEN HAND ATLANTA INC 581816778 7 1 249631 0 1 249631 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 8118 103216 8118 103216 0 0 0 0 0 0 8118 103216 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8118 6900 0 6900 0 6900 249631 0 0 0 0 0 249631 249631 6900 100.000000000000 6900 0 0 0 0 0 0 0 0 0 0 0 249631 0 6900 242731 0 0 242731 0 0 0 0 242731 PART IV, SECTION D OPEN HAND NMTC SUPPORT CORPORATION (OH SUPPORT) IS A WHOLLY OWNED SUBSIDIARY OF OPEN HAND ATLANTA, INC. (THE SUPPORTED ORGANIZATION). THE SUPPORTED ORGANIZATION HAS AN ECONOMIC INTEREST IN AND CONTROL OVER OH SUPPORT. OH SUPPORT WAS FORMED IN 2023 FOR THE PURPOSE OF ACQUIRING, OWNING AND RENOVATING AN EXISTING COMMERCIAL BUILDING INTO A NEW CAMPUS HEADQUARTERS FACILITY. TO PARTIALLY FUND THE ACQUISITION AND RENOVATION OF THE FUTURE CAMPUS HEADQUARTERS FACILITY, THE SUPPORTING ORGANIZATION ENTERED INTO A NEW MARKETS TAX CREDIT (NMTC) FINANCING ARRANGEMENT. 3507000 3507000 12489573 624521 11865052 15372052 NMTC ACCOUNTING PENDING 1799585 1799585 X 103216 0 103216 0 103216 497898 0 497898 0 497898 PART X, LINE 2: UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THE ORGANIZATION IS EXEMPT FROM TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. DURING THE YEARS ENDED DECEMBER 31, 2024 AND 2023, THE ORGANIZATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME. THE ORGANIZATION UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF DECEMBER 31, 2024 AND 2023, THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. X 0 0 0 0 0 0 0 0 0 MATTHEW PIEPER AUTHORIZED REPRESENTATIVE 0 197522 0 0 0 0 0 5001 0 7107 0 209630 0 0 ROBERT CUELLAR AUTHORIZED REPRESENTATIVE 0 144006 0 13750 0 0 0 4282 0 9281 0 171319 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED AND APPROVED BY THE CONTROLLER AND CFO. FORM 990, PART VI, SECTION B, LINE 15 OPEN HAND ATLANTA, INC. DEVELOPED GOALS, USED PEER COMPARISONS AND BENCHMARKING USING THE GUIDESTAR WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST (IN PERSON, BY MAIL) FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 74,500. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 74,500. FORM 990, PART XI, LINE 9: TRANSFER TO OPEN HAND ATLANTA -249,631. OPEN HAND ATLANTA INC 1380 MARIETTA ST NW ATLANTA GA 30318 SERVE MEAL TO PEOPLE IN NEED GA 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 OPEN HAND ATLANTA INC R 249631 CASH