2025-11-17T12:55:51-06:00 2024-12-31 521853933 JM&M 10500 LITTLE PATUXENT PARKWAY SUITE 770 COLUMBIA MD 21044 990 2024-01-01 813752369 MEDICI ROAD MEDI 2026301115 1629 K ST NW SUITE 300 WASHINGTON DC 20006 THOMAS E HOUSTON III EXECUTIVE DIRECTOR 2026301115 2025-11-17 1 1 TINA PEACHER P01608826 4108840220 2024 2025-03-06 01:10:19Z THOMAS E HOUSTON III 1629 K ST NW SUITE 300 WASHINGTON DC 20006 2084695 0 X MEDICIROAD.ORG X 2016 DC TO DEVELOP, PROVIDE RESEARCH, AND POLICIES THAT LINK HOUSING, GUN VIOLENCE, AND SOCIAL EMOTIONAL LEARNING TOGETHER IN HOPES TO DEVELOP EQUITABLE COMMUNITIES THROUGH THEIR RESEARCH AND DEVELOPMENTS. 4 3 17 3 0 0 691907 1797701 66783 201705 0 21 17461 85268 776151 2084695 0 0 0 0 697046 1128148 0 0 0 480243 987150 1177289 2115298 -401138 -30603 4432916 5479100 4148030 5441964 284886 37136 TO REDUCE POVERTY BY CREATING EDUCATION, HOUSING, AND PUBLIC HEALTH SOLUTIONS THAT UPROOT SYSTEMIC RACIAL INEQUALITIES. 0 0 1209317 280671 MEDICI ROAD CONTINUES THEIR WORK WITH DEVELOPING, PROVIDING RESEARCH, AND POLICIES THAT LINK HOUSING, GUN VIOLENCE, AND SOCIAL EMOTIONAL LEARNING TOGETHER IN HOPES TO DEVELOP EQUITABLE COMMUNITIES THROUGH THEIR RESEARCH AND DEVELOPMENTS. THE ORGANIZATION PURCHASED THE PROPERTY CALLED DEANWOOD STATION WITH THE PLAN TO DEVELOP THE PROPERTY TO CREATE MORE AFFORDABLE HOUSING IN THE COMMUNITY. 1209317 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 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 1 1 1 0 0 0 1 11 0 1 17 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 DC X THOMAS HOUSTON 2026301115 1629 K ST NW SUITE 300 WASHINGTON DC 20006 THOMAS E HOUSTON III EXECUTIVE DIRECTOR & TREASURER 20.00 X X 162389 0 3449 TRINEKA GREER VICE-CHAIR 5.00 X X 0 0 0 JAMILLE SHULER SECRETARY 5.00 X X 0 0 0 DEMETRIUS WILLINGHAM CHAIR 5.00 X X 0 0 0 162389 0 3449 1 0 1 0 0 1797701 1797701 CONTRACT REVENUE 900099 201705 201705 201705 21 21 78966 0 78966 78966 78966 FORGIVENESS OF DEBT 900099 4158 4158 OTHER INCOME 900099 2144 2144 6302 2084695 280671 0 6323 X 165838 102819 63019 833137 516545 316592 19154 11876 7278 42165 26142 16023 67854 42069 25785 40165 31329 8836 29000 29000 215610 31655 183955 10728 5364 5364 53262 1483 51779 5057 2478 2579 65995 64575 1420 24512 245 24267 5202 104 5098 315950 164294 151656 72229 68618 3611 13794 11035 2759 STUDENT STIPENDS 61070 61070 PROPERTY TAXES 32483 32483 REPAIRS AND MAINTENANCE 22390 22390 DUES & SUBSCRIPTIONS 12743 12743 6960 6960 2115298 1209317 905981 0 90760 106050 838212 3232 4362802 150684 4059156 4212118 283000 319488 4432916 5479100 125708 238561 126330 40000 931085 920722 2911707 4178200 53200 64481 4148030 5441964 X 284886 37136 284886 37136 4432916 5479100 -30603 -217147 0 X 0 0 0 X 3982 649728 916570 691907 1797701 4059888 3982 649728 916570 691907 1797701 4059888 4059888 16715 17327 78987 113029 5123 134 6302 11559 4184476 365458 0.97020 0.98290 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: REIMBURSEMENTS - 2022 AMOUNT: $ 5,123. 2023 AMOUNT: $ 134. OTHER INCOME - 2024 AMOUNT: $ 2,144. FORGIVENESS OF DEBT - 2024 AMOUNT: $ 4,158. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 980927 980927 1688090 126607 1561483 81501 24077 57424 1612284 1612284 4212118 SECURITY DEPOSIT 255007 RIGHT-OF-USE ASSET 64481 319488 LEASE LIABILITY 64481 64481 X 0 0 0 0 0 0 0 0 0 THOMAS E HOUSTON III EXECUTIVE DIRECTOR & TREASURER 162389 0 0 0 0 0 3141 0 308 0 165838 0 0 0 THOMAS HOUSTON OFFICER OPERATING COST X 150606 40000 0 1 1 40000 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM. ONCE THE CPA FIRM HAS PREPARED THE FORM THE RETURN IS REVIEWED BY THE EXECUTIVE DIRECTOR. ONCE THE EXECUTIVE DIRECTOR APPROVES THE RETURN, IT IS SIGNED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS THE DIRECTORS, OFFICERS, AND KEY EMPLOYEES OF THE ORGANZATION. EACH INSIDER SHALL DISCLOSE TO THE BOARD ALL MATERIAL FACTS REGARDING HIS OR HER INTEREST IN THE TRANSACTION, PROMPTLY UPON LEARNING OF THE PROPOSED TRANSACTION. THE BOARD MAY ASK QUESTIONS OF AND RECEIVE PRESENTATION(S) FROM THE INSIDER(S) AND ANY OTHER INTERESTED PERSON(S), BUT SHALL DELIBERATE AND VOTE ON THE TRANSACTION IN THEIR ABSENCE. THE BOARD SHALL ASCERTAIN THAT ALL MATERIAL FACTS REGARDING THE TRANSACTION AND THE INSIDER'S CONFLICT OF INTEREST HAVE BEEN DISCLOSED TO THE BOARD AND SHALL COMPILE APPROPRIATE DATA TO DETERMINE FAIR MARKET VALUE FOR THE TRANSACTION. AFTER EXERCISING DUE DILIGENCE, WHICH MAY INCLUDE INVESTIGATING ALTERNATIVES THAT PRESENT NO CONFLICT, THE BOARD SHALL DETERMINE WHETHER THE TRANSACTION IS IN THE ORGANIZATION'S BEST INTEREST, AND WHETHER IT IS FAIR AND REASONABLE TO THE ORGANIZATION. THE MAJORITY OF DISINTERESTED MEMBERS OF THE BOARD THEN IN OFFICE MAY APPROVE THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION USES OUTSIDE DATA TO ESTABLISH COMPENSATION FOR THE EXECUTIVE DIRECTOR, THE CAREERS BLAZERS ANNUAL REPORT. THE COMPENSATION IS VOTED ON BY THE INDEPENDENT MEMBERS OF THE BOARD AND IS DOCUMENTED IN THE MINUTES. THE LAST TIME THIS WAS DONE WAS IN JANUARY 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 31,655. MANAGEMENT AND GENERAL EXPENSES 183,955. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 215,610. DEANWOOD STATION LLC 8 THE GREEN STE DOVER DE 19901 863234284 REAL ESTATE DE MEDICI RD DEANWOOD EQUITABLE ENTERPRISES LLC 1629 K ST NW SUITE 300 WASHINGTON DC 20006 861983542 REAL ESTATE DC N/A RELATED 0 1 0.95000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0