2026-02-14T10:07:16+00:00 2025-06-30 440160260 Forvis Mazars LLP 1201 Walnut Street Suite 1700 Kansas City MO 641062246 990 2024-07-01 431848034 INDEPENDENCE AVENUE DEVELOPMENT COMPANY CO INDE 8166547000 1750 INDEPENDENCE AVENUE KANSAS CITY MO 64106 JOSEPH MASSMAN DIRECTOR/TREASURER/SECRETARY 8166547000 2026-02-14 true true Michael Engle P00482834 8162216300 2026-02-14 2024 2025-03-06 01:10:19Z JOSEPH MASSMAN 1750 INDEPENDENCE AVENUE KANSAS CITY MO 64106 0 false X N/A X 1998 MO TO ACQUIRE AND HOLD REAL PROPERTY FOR THE BENEFIT OF KANSAS CITY UNIVERSITY. 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1493325 1493325 1531465 1531465 -38140 -38140 THE COMPANY IS A SUPPORTING ORGANIZATION TO KANSAS CITY UNIVERSITY. THE COMPANY'S PRINCIPAL PURPOSE IS TO ACQUIRE AND HOLD REAL PROPERTY FOR THE BENEFIT OF THE UNIVERSITY. false false TO ACQUIRE AND HOLD REAL PROPERTY IN THE SURROUNDING AREA OF KANSAS CITY UNIVERSITY. 0 true false false false false false false false false false true false false false true false false true false false false false false false false false false false false true false false false false false false false false false false false false false false false true false false false false false 0 0 0 false false false false false false false false false false false false false false 2 0 true false false false false true false true true false false false true false false false false false false false false false MO X KCU 8166547050 1750 INDEPENDENCE AVENUE KANSAS CITY MO 64106 JOE MASSMAN EVP/CFO/COO 1.0 40.0 X X 0 748622 81794 MARC HAHN PRESIDENT AND CEO 1.0 40.0 X X 0 1256936 68190 0 2005558 149984 0 false true false 0 0 n/a 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1493325 0 1493325 1493325 0 0 0 0 0 0 1493325 1493325 0 0 1531465 1531465 1531465 1531465 X -38140 -38140 -38140 -38140 1493325 1493325 0 0 0 0 0 0 X false true true false X X X 1 KCU 440545280 2 true 0 0 1 0 0 true false false false false false false false false false false false false false false true false 1493325 1493325 1493325 Federal Income Taxes DUE TO AFFILIATE 1531465 1531465 Schedule D, Part X, Line 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. false false false false false false false false false MARC HAHN PRESIDENT AND CEO 0 811096 0 400471 0 45369 0 34500 0 33690 0 1325126 0 0 JOE MASSMAN EVP/CFO/COO 0 543363 0 191801 0 13458 0 34500 0 47294 0 830416 0 0 Schedule J, Part I, Line 3 JOSEPH MASSMAN AND MARC HAHN ARE COMPENSATED BY KANSAS CITY UNIVERSITY(KCU), A RELATED ORGANIZATION. KCU USES A COMPENSATION COMMITTEE, WRITTEN EMPLOYMENT CONTRACT, INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY, FORM 990 OF OTHER ORGANIZATIONS AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE TO ESTABLISH THEIR COMPENSATION. FORM 990, PART VI, SECTION B, LINES 12C, 13, & 14 INDEPENDENCE AVENUE DEVELOPMENT RELIES ON AND FOLLOWS THE CONFLICT OF INTEREST POLICY, WHISTLEBLOWER POLICY, AND DOCUMENT RETENTION AND DESTRUCTION POLICY ESTABLISHED BY A RELATED ORGANIZATION, KANSAS CITY UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 2 DURING THE TAX YEAR, JOSEPH MASSMAN AND MARC HAHN WERE EMPLOYEES OF KANSAS CITY UNIVERSITY AND, AS SUCH, HAD A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 7A KANSAS CITY UNIVERSITY, THE SUPPORTED ORGANIZATION, HAS THE RIGHT TO ELECT THE BOARD OF DIRECTORS OF INDEPENDENCE AVENUE DEVELOPMENT CO. FORM 990, PART VI, SECTION B, LINE 11B THE INDEPENDENCE AVENUE DEVELOPMENT FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM WITH INPUT FROM THE ACCOUNTING PERSONNEL OF KCU. THE FORM 990 WAS REVIEWED BY THE VP OF FINANCE AND CFO/COO OF KCU. A COPY OF THE FORM 990 WAS PROVIDED TO THE BOARD MEMBERS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATMENTS ARE AVAILABLE UPON REQUEST. KANSAS CITY UNIVERSITY 1750 INDEPENDENCE AVENUE KANSAS CITY MO 64106 440545280 EDUCATION MO 501(c)(3) 2 false false false false false true false false false false false false false false true true false false false false