Civic Intelligence

Flint Area Enterprise Community Incorporated

EIN 38-3373650 • 501(c)3 • Flint, MI

Profile

To improve the quality of life for all residents of the city of flint by encouraging neighborhood stabilization through the creation of safe, healthy, and desirable neighborhoods supported by quality community services, promotion of a growing and diverse economy, one that spurs innovation and small business development, and preparation of the workforce, both for today's jobs and those of the future.

1101 South Saginaw Street No S8Flint, MI 48502

see schedule o

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

3rd percentile

-1108%

Higher net margin than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

5th percentile

-97%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $1,079,739 (-100%) from 2020

Liabilities

Down

$0

Down $1,001 (-100%) from 2020

Net Assets

Down

$0

Down $1,078,738 (-100%) from 2020

Operations
Liabilities / Revenue62nd percentileNet Margin3rd percentile

Revenue

Down

$2,748

Down $76,851 (-97%) from 2020

Expenses

Down

$33,198

Down $65,876 (-66%) from 2020

Net Income

Down

-$30,450

Down $10,975 (-56%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,911,103Liabilities 2010: $21,071Net Assets 2010: $1,890,0322010Assets 2011: $1,732,823Liabilities 2011: $20,532Net Assets 2011: $1,712,2912011Assets 2012: $1,578,571Liabilities 2012: $28,402Net Assets 2012: $1,550,1692012Assets 2013: $1,302,130Liabilities 2013: $1,738Net Assets 2013: $1,300,3922013Assets 2014: $1,171,551Liabilities 2014: $0Net Assets 2014: $1,171,5512014Assets 2015: $1,178,789Liabilities 2015: $0Net Assets 2015: $1,178,7892015Assets 2016: $1,142,786Liabilities 2016: $0Net Assets 2016: $1,142,7862016Assets 2017: $1,131,812Liabilities 2017: $0Net Assets 2017: $1,131,8122017Assets 2018: $1,116,533Liabilities 2018: $0Net Assets 2018: $1,116,5332018Assets 2019: $1,098,213Liabilities 2019: $0Net Assets 2019: $1,098,2132019Assets 2020: $1,079,739Liabilities 2020: $1,001Net Assets 2020: $1,078,7382020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0
Open 2021 Filing

Operations Trend

Revenue Growth5th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $654,2032010Expenses 2011: $337,2632011Expenses 2012: $377,1982012Revenue 2013: $66,384Expenses 2013: $293,361Net Income 2013: -$226,9772013Revenue 2014: $44,702Expenses 2014: $173,743Net Income 2014: -$129,0412014Revenue 2015: $57,005Expenses 2015: $49,767Net Income 2015: $7,2382015Revenue 2016: $8,456Expenses 2016: $44,459Net Income 2016: -$36,0032016Revenue 2017: $32,838Expenses 2017: $43,812Net Income 2017: -$10,9742017Revenue 2018: $22,559Expenses 2018: $37,838Net Income 2018: -$15,2792018Revenue 2019: $77,690Expenses 2019: $96,010Net Income 2019: -$18,3202019Revenue 2020: $79,599Expenses 2020: $99,074Net Income 2020: -$19,4752020Revenue 2021: $2,748Expenses 2021: $33,198Net Income 2021: -$30,4502021

Highlighted filing

2021

Revenue$2,748
Expenses$33,198
Net Income-$30,450
Open 2021 Filing

Filings

Most recent year

2021 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$2,748
Expenses
$33,198
Net income
-$30,450
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.00$0.03$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.00$1.08$0.08$0.10$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.00$1.10$0.08$0.10$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.00$1.12$0.02$0.04$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.13$0.00$1.13$0.03$0.04$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.00$1.14$0.01$0.04$0.04
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.00$1.18$0.06$0.05$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.17$0.00$1.17$0.04$0.17$0.13
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.30$0.00$1.30$0.07$0.29$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$0.03$1.55$0.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$0.02$1.71$0.34
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.91$0.02$1.89$0.65
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2020 to Mar 31, 2021
Signed
Jan 26, 2022
Return Version
2020v4.1
Gross Receipts
$2,748
Mission and Program Overview

Mission

NONE

Coordinating and implementing body for the flint area enterprise community's strategic plan as approved by u.s. Dept of hud

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$705,660$0▼ $705,660
Cash and Non-Interest-Bearing Accounts$374,079$0▼ $374,079
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,079,739$0▼ $1,079,739
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$1,001$0▼ $1,001
Total Liabilities$1,001$0▼ $1,001
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,078,738$0▼ $1,078,738
Total Net Assets Fund Balance$1,078,738$0▼ $1,078,738
Total Liabilities and Net Assets / Fund Balance$1,079,739$0▼ $1,079,739
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Wilton BennettPresident
Mary Lorah HammondDirector
Stephanie WrightSecretary
Elaine TiptonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,748
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-30,450

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,748
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,748
Total Revenue per Form 990
$2,748
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$33,198
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$33,000-$33,000
Fees for Services Other$198--$198
Total Functional Expenses$198$33,000$0$33,198

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$33,198
Total Expenses per Audited Statements$33,198
Total Expenses per Form 990$33,198
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

“The mayor of the city of flint has authority to appoint eight board members other than him or herself.”

Form 990, Part VI, Section B, Line 11B

“No review of form 990 to be conducted by the board of directors. President to review form 990 before it is filed.”

Form 990, Part VI, Section C, Line 19

“Financial statements, governing documents and conflict of interest policy are available upon request.”

Filing and Contact Details

Filer

Filer Name
Flint Area Enterprise Community Inc
EIN
38-3373650
Phone
8107667426
Address
1101 SOUTH SAGINAW STREET NO S8, FLINT, MI 48502

Signing Officer

Name
Wilton Bennett
Title
President
Phone
8107667426
Signed
2022-01-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wilton Bennett
Formed
1997
Legal Domicile
Mi
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
2

Preparer

Firm
Plante & Moran Pllc
Address
4444 W BRISTOL ROAD SUITE 360, FLINT, MI 48507
Preparer
David Lowenthal
Phone
8107675350
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

“On march 31, 2021, flint area enterprise community ceased operations. Faec issued final checks payable due to two governmental units, the city of flint, michigan and mt. Morris township, in compliance with the grant agreement executed in 1996.”

FORM 990, PART XI, LINE 9:

“Extraordinary loss -1,048,289.”

FORM 990, PAGE 1, ITEM J:

“Https://www.cityofflint.com/planning-and-development/community-and-econo mic-development/”

Raw XML AppendixShowing 400 of 404 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
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IRS990/AccountsPayableAccrExpnssGrp/EOYAmt00
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0COORDINATING AND IMPLEMENTING BODY FOR THE FLINT AREA ENTERPRISE COMMUNITY'S STRATEGIC PLAN AS APPROVED BY U.S. DEPT OF HUD
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0WILTON BENNETT
IRS990/BooksInCareOfDetail/PhoneNum08107667426
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01101 SOUTH SAGINAW STREET NO S8
IRS990/BooksInCareOfDetail/USAddress/CityNm0FLINT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd048502
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IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
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IRS990/ContractTerminationInd0X
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
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IRS990/CYOtherExpensesAmt033198
IRS990/CYOtherRevenueAmt00
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IRS990/CYRevenuesLessExpensesAmt0-30450
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt033198
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IRS990/DecisionsSubjectToApprovaInd00
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IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0NONE
IRS990/DescribedInSection501c3Ind01
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IRS990/DonorAdvisedFundInd00
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IRS990/DonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0198
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt033000
IRS990/FeesForServicesAccountingGrp/TotalAmt033000
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0198
IRS990/FeesForServicesOtherGrp/TotalAmt0198
IRS990/FinalReturnInd0X
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0WILTON BENNETT
IRS990/Form990PartVIISectionAGrp/PersonNm1STEPHANIE WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm2MARY LORAH HAMMOND
IRS990/Form990PartVIISectionAGrp/PersonNm3ELAINE TIPTON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt02
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02748
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
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IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO IMPROVE THE QUALITY OF LIFE FOR ALL RESIDENTS OF THE CITY OF FLINT BY ENCOURAGING NEIGHBORHOOD STABILIZATION THROUGH THE CREATION OF SAFE, HEALTHY, AND DESIRABLE NEIGHBORHOODS SUPPORTED BY QUALITY COMMUNITY SERVICES, PROMOTION OF A GROWING AND DIVERSE ECONOMY, ONE THAT SPURS INNOVATION AND SMALL BUSINESS DEVELOPMENT, AND PREPARATION OF THE WORKFORCE, BOTH FOR TODAY'S JOBS AND THOSE OF THE FUTURE.
IRS990/MoreThan5000KToIndividualsInd00
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IRS990/OperateHospitalInd00
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IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
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IRS990/PoliticalCampaignActyInd00
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IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE FLINT AREA ENTERPRISE COMMUNITY IS A COMPONENT UNIT OF THE CITY OF FLINT, AND CARRIES ON AN ACTIVITY THAT THE CITY ORGANIZED IT TO PERFORM ON ITS BEHALF. IN ADDITION, ITS GOVERNANCE IS CONTROLLED BY THE CITY OF FLINT.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE CITY OF FLINT IS A GOVERNMENTAL UNIT, WHICH IS OPERATED FOR PUBLIC BENEFIT. AS A GOVERNMENTAL ENTITY, THE CITY OF FLINT IS NOT REQUIRED TO OBTAIN RECOGNITION OF TAX EXEMPT STATUS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART IV, SECTION A, LINE 1
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1SCHEDULE A, PART IV, SECTION A, LINE 2
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IRS990ScheduleA/SupportingOrgType1Ind0X
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IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt033198
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02748
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt033198
IRS990ScheduleD/TotalRevenuePerForm990Amt02748
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02748
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt033198
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0CITY OF FLINT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt1MOUNT MORRIS CHARTER TOWNSHIP
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02021-08-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12021-08-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0386004611
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN1386024619
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0938492
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt1109797
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0170(B)(1)(A)(V) GOVERNMENTAL UNIT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt1170(B)(1)(A)(V) GOVERNMENTAL UNIT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0ACTUAL COST
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1ACTUAL COST
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt01101 S SAGINAW STREET
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt15447 BICENTENNIAL PARKWAY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0FLINT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1MOUNT MORRIS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0MI
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd1MI
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd048502
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd148458
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0ON MARCH 31, 2021, FLINT AREA ENTERPRISE COMMUNITY CEASED OPERATIONS. FAEC HAS CALCULATED THE PAYOUT TO THE RELATED PARTIES AND WILL ISSUE CHECKS PAYABLE, CURRENTLY CLASSIFIED AS DUE TO OTHER GOVERNMENTAL UNITS, TO THE CITY OF FLINT, MICHIGAN AND MT. MORRIS TOWNSHIP IN COMPLIANCE WITH THE GRANT AGREEMENT EXECUTED IN 1996. THE PAYOUT AMOUNT IS ESTIMATED TO BE $938,452 TO THE CITY OF FLINT, MICHIGAN AND $109,792 TO MT. MORRIS TOWNSHIP. THE EXPENSING OF THESE MONEYS IS SHOWN AS AN EXTRAORDINARY ITEM IN THE FINANCIAL STATEMENTS, AS IT IS BOTH UNUSUAL AND INFREQUENT IN NATURE. TO THE BEST OF OUR KNOWLEDGE, THERE WILL BE NO FURTHER ACTIVITY.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 1:
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ON MARCH 31, 2021, FLINT AREA ENTERPRISE COMMUNITY CEASED OPERATIONS. FAEC ISSUED FINAL CHECKS PAYABLE DUE TO TWO GOVERNMENTAL UNITS, THE CITY OF FLINT, MICHIGAN AND MT. MORRIS TOWNSHIP, IN COMPLIANCE WITH THE GRANT AGREEMENT EXECUTED IN 1996.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MAYOR OF THE CITY OF FLINT HAS AUTHORITY TO APPOINT EIGHT BOARD MEMBERS OTHER THAN HIM OR HERSELF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW OF FORM 990 TO BE CONDUCTED BY THE BOARD OF DIRECTORS. PRESIDENT TO REVIEW FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EXTRAORDINARY LOSS -1,048,289.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5HTTPS://WWW.CITYOFFLINT.COM/PLANNING-AND-DEVELOPMENT/COMMUNITY-AND-ECONO MIC-DEVELOPMENT/
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 1, ITEM J:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CITY OF FLINT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0386004611
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0SEC 115
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MUNICIPALITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01111 S SAGINAW ST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0FLINT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd048502
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd01
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd01
IRS990/TotalAssetsBOYAmt01079739
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt01079739
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt033000
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0198
IRS990/TotalFunctionalExpensesGrp/TotalAmt033198
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01001
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt01001
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01078738
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0198
IRS990/TotalProgramServiceRevenueAmt02748
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02748
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02748
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt02
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01079739
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01101 SOUTH SAGINAW STREET NO S8
IRS990/USAddress/CityNm0FLINT
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd048502
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0SEE SCHEDULE O
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-03-31 18:45:55Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILTON BENNETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08107667426
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-01-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FLINT AREA ENTERPRISE COMMUNITY INC
ReturnHeader/Filer/BusinessNameControlTxt0FLIN
ReturnHeader/Filer/EIN0383373650
ReturnHeader/Filer/PhoneNum08107667426
ReturnHeader/Filer/USAddress/AddressLine1Txt01101 SOUTH SAGINAW STREET NO S8
ReturnHeader/Filer/USAddress/CityNm0FLINT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0381357951
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PLANTE & MORAN PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04444 W BRISTOL ROAD SUITE 360
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FLINT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048507
ReturnHeader/PreparerPersonGrp/PhoneNum08107675350
ReturnHeader/PreparerPersonGrp/PreparationDt02022-01-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID LOWENTHAL
ReturnHeader/ReturnTs02022-02-14T07:55:02-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WILTON

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