Civic Intelligence

Mount Pleasant Now Development Corporation

990 • Fiscal year 2018 • EIN 34-1599720

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 21, 2021

13815 Kinsman RoadCleveland, OH 44120

(216) 346-9251

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

66th percentile

0.33x

Higher debt load relative to assets than 66% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

89th percentile

2.12x

Higher debt load relative to revenue than 89% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

36th percentile

-0.5%

Higher net margin than 36% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

40th percentile

$100,287

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 12.7% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

2nd percentile

-30%

Faster asset growth than 2% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2018

Revenue Growth

41st percentile

0.9%

Faster revenue growth than 41% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2018

Assets

Down

$5,006,040

Down $5,102,303 (-50%) from 2016

Net Assets

Down

$3,333,633

Down $4,889,660 (-59%) from 2016

Liabilities

Down

$1,672,407

Down $212,643 (-11%) from 2016

Revenue

Up

$790,093

Up $14,210 (+1.8%) from 2016

Expenses

Down

$794,026

Down $96,650 (-11%) from 2016

Net Income

Up

-$3,933

Up $110,860 (+97%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $12,364,287Liabilities 2010: $3,882,345Net Assets 2010: $8,481,9422010Assets 2012: $11,148,199Liabilities 2012: $3,472,436Net Assets 2012: $7,675,7632012Assets 2013: $10,334,486Liabilities 2013: $3,143,083Net Assets 2013: $7,191,4032013Assets 2014: $10,338,496Liabilities 2014: $2,812,875Net Assets 2014: $7,525,6212014Assets 2015: $10,490,787Liabilities 2015: $2,152,701Net Assets 2015: $8,338,0862015Assets 2016: $10,108,343Liabilities 2016: $1,885,050Net Assets 2016: $8,223,2932016Assets 2018: $5,006,040Liabilities 2018: $1,672,407Net Assets 2018: $3,333,6332018Assets 2019: $4,895,217Liabilities 2019: $1,890,803Net Assets 2019: $3,004,4142019Assets 2020: $4,649,545Liabilities 2020: $2,153,562Net Assets 2020: $2,495,9832020Assets 2023: $3,975,602Liabilities 2023: $2,054,452Net Assets 2023: $1,921,1502023Assets 2024: $4,065,484Liabilities 2024: $2,050,668Net Assets 2024: $2,014,8162024

Highlighted filing

2018

Assets$5,006,040
Liabilities$1,672,407
Net Assets$3,333,633

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,650,4102010Expenses 2012: $2,092,8402012Revenue 2013: $1,353,896Expenses 2013: $1,838,256Net Income 2013: -$484,3602013Revenue 2014: $1,225,987Expenses 2014: $891,769Net Income 2014: $334,2182014Revenue 2015: $1,651,900Expenses 2015: $839,435Net Income 2015: $812,4652015Revenue 2016: $775,883Expenses 2016: $890,676Net Income 2016: -$114,7932016Revenue 2018: $790,093Expenses 2018: $794,026Net Income 2018: -$3,9332018Revenue 2019: $900,563Expenses 2019: $1,229,782Net Income 2019: -$329,2192019Revenue 2020: $483,363Expenses 2020: $991,794Net Income 2020: -$508,4312020Revenue 2023: $496,991Expenses 2023: $440,145Net Income 2023: $56,8462023Revenue 2024: $411,736Expenses 2024: $318,070Net Income 2024: $93,6662024

Highlighted filing

2018

Revenue$790,093
Expenses$794,026
Net Income-$3,933
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 21, 2021
Return Version
2018v3.2
Gross Receipts
$865,795
Mission and Program Overview

Mission

To provide community & economic development to residents & businesses in the mt. Pleasant area in order to revitalize & stabilize the community & make mt. Pleasant a desirable, safe neighborhood in which to live, work, shop & raise a family.

As the official community development corporation the organization serves wards 1,2 4 and 6 of the city of cleveland. Theyofficer services such as housing assistance, career assistance, artist opportunities, community events and more.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$4,801,330--
Land, Buildings, and Equipment, Net$5,476,150$4,656,292▼ $819,858
Other Notes and Loans Receivable, Net-$300,000-
Savings and Temporary Cash Investments$70,295--
Pledges and Grants Receivable-$46,066-
Cash and Non-Interest-Bearing Accounts$16,925$3,182▼ $13,743
Investments Other Securities-$500-
Total Assets$11,725,050$5,006,040▼ $6,719,010
Other Assets Total$1,360,350--
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,314,800$1,402,078▼ $912,722
Accounts Payable and Accrued Expenses$210,200$270,329▲ $60,129
Total Liabilities$2,525,000$1,672,407▼ $852,593
Net Assets / Fund Balance
Unrestricted Net Assets$9,200,050$3,333,633▼ $5,866,417
Total Net Assets Fund Balance$9,200,050$3,333,633▼ $5,866,417
Total Liabilities and Net Assets / Fund Balance$11,725,050$5,006,040▼ $6,719,010

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,253,954$3,251,495$7,505,449
Land$402,338-$402,338
Equipment-$28,395$28,395
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nicholas E PerryExecutive DiFT$100,287$100,287

Board Members and Trustees

NameTitle
Christopher D ThomasBoard Member
Gwen PennBoard Member
Gwynette ShawBoard Member
Lashorn CaldwellBoard Member
Pastor Jimmy L GatesBoard Member
Ricardo WallaceBoard Member
Rodney D WilliamsBoard Member
Stephanie StawbridgeBoard Member
Traci L PinkneySecretary
Ronald a Beckett SrVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$162,213
Program Service Revenue
$98,521
Investment Income
$4,550
Other Revenue
$524,809
All Other Contributions
$83,918
Change in Net Assets
$-3,933

Audited Revenue Reconciliation

Revenue per Audited Statements
$790,093
Total Revenue per Audited Statements
$790,093
Total Revenue per Form 990
$790,093
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$398,885
Salaries, Compensation, and Employee Benefits$395,141
Total Fundraising Expense$50,237
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$210,837$27,123$9,724$247,684
Depreciation Depletion$178,875$1,539$3,169$183,583
Current Officers, Directors, Trustees, and Key Employees$50,149$25,074$25,074$100,297
Fees for Services Accounting$46,332$3,650-$49,982
Fees for Services Legal$46,965--$46,965
Fees for Services Other$33,868--$33,868
Payroll Taxes$21,560$3,080$2,054$26,694
Interest$23,526--$23,526
Other Employee Benefits$6,777$7,785$5,190$19,752
Office Expenses$1,962$9,263$447$11,672
Occupancy$8,025$1,065$710$9,800
Insurance$5,334$1,893$1,173$8,400
Travel$7,724--$7,724
Other Expenses$1,570$2,025$118$3,713
Advertising$1,641--$1,641
Pension Plan Contributions$432$282-$714
Total Functional Expenses$661,010$82,779$50,237$794,026

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$794,026
Total Expenses per Audited Statements$794,026
Total Expenses per Form 990$794,026
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A copy of the amedned federal from 990 was presented to and approved by the board of directors prior to filing

Form 990, Page 6, Part VI, Line 12C

On an annual basis, all board members are requested to read the organization's conflict of interest policy and submit in writing any possible conflicts of inteest to the board president

Form 990, Page 6, Part VI, Line 15A

The executive director's salary is determined by the board of director's. They use resources such as other organization's federal form 990 and a compensation committee.

Form 990, Page 6, Part VI, Line 19

Consistent with the requirements of section 6104 (d) of the internal revenue code and the regulations thereunder, copies of the organization's federal form 990 and governing documents shall be made available upon written request, in a timely manner, and subject to the charges permitted by law to any individual who requests it.

Filing and Contact Details

Filer

Filer Name
Mount Pleasant Now Development
EIN
34-1599720
Phone
2163469251
Address
13815 KINSMAN ROAD, CLEVELAND, OH 44120

Signing Officer

Name
Nicholas E Perry
Title
Executive Director
Phone
2163469251
Signed
2021-09-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nicholas E Perry
Formed
1988
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
5
Volunteers
10

Preparer

Firm
Koester Disalvo and Fried
Address
5587 TURNEY ROAD, GARFIELD HTS, OH 44125
Preparer
Kc Koester
Phone
2164757844
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

As the official community development corporation the organization serves wards 1,2 4 and 6 of the city of cleveland. Theyofficer services such as housing assistance, career assistance, artist opportunities, community events and more.

Form 990, Part XI, Line 9

There was a change in management of the organization which caused the organization to fall behind on its financial responsibility. The 2017 audit could not be completed because data files for the various partnerships could not be accessed. There were various uncollectible loans between the limited partnerships and the organization which were written off causing the significant decrease in the organization's net assets.

Financial Statement Notes

Schedule D, Page 3, Part X

Mpndc complies with fasb asc 740- accounting for uncertainty in income taxes. Fasb asc 740 details how companies should recognize, measure, present and disclose uncertain tax positions that have been or are expected to be taken. As such, the financial statements would reflect expected future tax consequences of uncertain tax positions presuming the taxing authorities' full knowledge of the position and all relevant facts, if they existed. Management believes that there are no uncertain tax positions. The organization's tax years that remain subject to examination by the internal revenue service are 2017 and forward.

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IRS990/OfficeExpensesGrp/FundraisingAmt0447
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09263
IRS990/OfficeExpensesGrp/ProgramServicesAmt01962
IRS990/OfficeExpensesGrp/TotalAmt011672
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
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IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt05190
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07785
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt06777
IRS990/OtherEmployeeBenefitsGrp/TotalAmt019752
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2OTHER EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt02578
IRS990/OtherExpensesGrp/FundraisingAmt1118
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02025
IRS990/OtherExpensesGrp/ProgramServicesAmt07061
IRS990/OtherExpensesGrp/ProgramServicesAmt18372
IRS990/OtherExpensesGrp/ProgramServicesAmt21570
IRS990/OtherExpensesGrp/TotalAmt09639
IRS990/OtherExpensesGrp/TotalAmt18372
IRS990/OtherExpensesGrp/TotalAmt23713
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt09724
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt027123
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0210837
IRS990/OtherSalariesAndWagesGrp/TotalAmt0247684
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0300000
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02054
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03080
IRS990/PayrollTaxesGrp/ProgramServicesAmt021560
IRS990/PayrollTaxesGrp/TotalAmt026694
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0282
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0432
IRS990/PensionPlanContributionsGrp/TotalAmt0714
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt046066
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0NICHOLAS E PERRY
IRS990/PriorPeriodAdjustmentsAmt0-5862484
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531120
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/Desc1PROPERTY MANAGEMENTS FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt073813
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt124708
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt073813
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt124708
IRS990/ProgSrvcAccomActy2Grp/Desc0NEIGHBORHOOD PROGRAMS- NIEGHBORHOOD ORGANIZING AND ENGAGEMENT OF BLOCK CLUBS, STREET CLUBS AND RESIDENT ORGANIZATIONS TO ADDRESS AND RESOLVE COMMUNITY ISSUES AND CONCERNS, RE-IMAGING OF VACANT LOTS INTO SIDE YARD EXPANSION FOR ADJACENT HOMEOWNERS OR CREATION OF PASSIVE PARKS, RECREATION SITES OR COMMUNITY GARDENS, WORK WITH RESIDENTS ON POLICY AND ADVOCACY INITIATIVES
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt065324
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt024708
IRS990/ProgSrvcAccomActy3Grp/Desc0PROJECT DEVELOPMENT- ATTEMPTS TO RESTORE VITALITY TO KINSMAN ROAD. DEVELOPMENT OF COMMERCIAL BUILDINGS TO ATTRACT NEW SERVICES AND BUSINESSES TO THE COMMUNITY, MANAGEMETN OF A 57,000 SQ. FT. BUILDING WHICH HOUSES CUYAHOGA COUNTY PROGRAMS AND SERVICES, AS WELL AS THE MT. PLEASANT NOW OFFICES. ALSO FOCUSES ON RESIDENTIAL DEVELOPMENT, CONSISTING OF NEWLY CONSTRUCTED AND REHABILITATED SINGLE AND MULTI-FAMILY HOUSING. IN ADDITION, OVERSEAS A PROPERTY CODE ENFORCEMENT PROGRAM TO IDENTIFY PROPERTIES WITH CODE VIOLATIONS AND TO ASSIST OWNERS WITH REMEDIATION OPTIONS. OPERATES A MICRO-ENTERPRISE CENTER FOCUSED ON JOB CREATION AND DEVELOPMENT, ENTREPRENEURISM AND BUSINESS DEVELOPMENT AND ENHANCEMENT.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0293339
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt024550
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0150250
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt015525
IRS990/PYOtherExpensesAmt0560800
IRS990/PYOtherRevenueAmt0325000
IRS990/PYProgramServiceRevenueAmt0145850
IRS990/PYRevenuesLessExpensesAmt0-293168
IRS990/PYSalariesCompEmpBnftPaidAmt0368993
IRS990/PYTotalExpensesAmt0929793
IRS990/PYTotalRevenueAmt0636625
IRS990/QuidProQuoContributionsInd0false
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IRS990/ReconcilationRevenueExpnssAmt0-3933
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0524809
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt049263
IRS990/SavingsAndTempCashInvstGrp/BOYAmt070295
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0162213
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0150250
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0181003
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0303995
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0203936
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01001397
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02096890
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IRS990ScheduleA/PublicSupportPY170Pct00.33000
IRS990ScheduleA/PublicSupportTotal170Amt01001397
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0162213
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0150250
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0181003
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0303995
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0203936
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01001397
IRS990ScheduleA/TotalSupportAmt01001397
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt04253954
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03251495
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07505449
IRS990ScheduleD/EquipmentGrp/DepreciationAmt028395
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt028395
IRS990ScheduleD/ExpensesSubtotalAmt0794026
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0402338
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0402338
IRS990ScheduleD/RevenueSubtotalAmt0790093
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MPNDC COMPLIES WITH FASB ASC 740- ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. FASB ASC 740 DETAILS HOW COMPANIES SHOULD RECOGNIZE, MEASURE, PRESENT AND DISCLOSE UNCERTAIN TAX POSITIONS THAT HAVE BEEN OR ARE EXPECTED TO BE TAKEN. AS SUCH, THE FINANCIAL STATEMENTS WOULD REFLECT EXPECTED FUTURE TAX CONSEQUENCES OF UNCERTAIN TAX POSITIONS PRESUMING THE TAXING AUTHORITIES' FULL KNOWLEDGE OF THE POSITION AND ALL RELEVANT FACTS, IF THEY EXISTED. MANAGEMENT BELIEVES THAT THERE ARE NO UNCERTAIN TAX POSITIONS. THE ORGANIZATION'S TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE ARE 2017 AND FORWARD.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04656292
IRS990ScheduleD/TotalExpensesPerForm990Amt0794026
IRS990ScheduleD/TotalRevenuePerForm990Amt0790093
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0790093
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0794026
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AS THE OFFICIAL COMMUNITY DEVELOPMENT CORPORATION THE ORGANIZATION SERVES WARDS 1,2 4 AND 6 OF THE CITY OF CLEVELAND. THEYOFFICER SERVICES SUCH AS HOUSING ASSISTANCE, CAREER ASSISTANCE, ARTIST OPPORTUNITIES, COMMUNITY EVENTS AND MORE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE AMEDNED FEDERAL FROM 990 WAS PRESENTED TO AND APPROVED BY THE BOARD OF DIRECTORS PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ON AN ANNUAL BASIS, ALL BOARD MEMBERS ARE REQUESTED TO READ THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND SUBMIT IN WRITING ANY POSSIBLE CONFLICTS OF INTEEST TO THE BOARD PRESIDENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTOR'S SALARY IS DETERMINED BY THE BOARD OF DIRECTOR'S. THEY USE RESOURCES SUCH AS OTHER ORGANIZATION'S FEDERAL FORM 990 AND A COMPENSATION COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONSISTENT WITH THE REQUIREMENTS OF SECTION 6104 (D) OF THE INTERNAL REVENUE CODE AND THE REGULATIONS THEREUNDER, COPIES OF THE ORGANIZATION'S FEDERAL FORM 990 AND GOVERNING DOCUMENTS SHALL BE MADE AVAILABLE UPON WRITTEN REQUEST, IN A TIMELY MANNER, AND SUBJECT TO THE CHARGES PERMITTED BY LAW TO ANY INDIVIDUAL WHO REQUESTS IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THERE WAS A CHANGE IN MANAGEMENT OF THE ORGANIZATION WHICH CAUSED THE ORGANIZATION TO FALL BEHIND ON ITS FINANCIAL RESPONSIBILITY. THE 2017 AUDIT COULD NOT BE COMPLETED BECAUSE DATA FILES FOR THE VARIOUS PARTNERSHIPS COULD NOT BE ACCESSED. THERE WERE VARIOUS UNCOLLECTIBLE LOANS BETWEEN THE LIMITED PARTNERSHIPS AND THE ORGANIZATION WHICH WERE WRITTEN OFF CAUSING THE SIGNIFICANT DECREASE IN THE ORGANIZATION'S NET ASSETS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0PLEASANT PROPERTIES LP
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1KINSMAN AREA REDEVELOPMENT ENT
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt2MT PLEASANT HOMES III LP
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0341784875
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN1341813664
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN2341504892
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt041485
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt1175982
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt225600
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0OH
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IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0RENTAL
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IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt013815 KINSMAN AVENUE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt113815 KINSMAN AVENUE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt213815 KINSMAN AVENUE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0CLEVELAND
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1CLEVELAND
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IRS990/SchoolOperatingInd0false
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false

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