Civic Intelligence

Market District Improvement Corp

EIN 45-4224664 • 501(c)3 • Cleveland, OH

Profile

The ohio city improvement corporation strives to create a clean, safe, and vibrant neighborhood that embraces ohio city's rich history while building toward the future. Our mission is anchored by principles that balance growth with respect for our environment and social equity.

3308 Lorain AvenueCleveland, OH 44113

www.ohiocity.org/OHIO-CITY-IMPROVEMENT

Siviq Scores

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

Liabilities / Assets

84th percentile

0.25x

Higher debt load relative to assets than 84% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

95th percentile

0.96x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

3rd percentile

-907%

Higher net margin than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

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 2025

Asset Growth

15th percentile

-71%

Faster asset growth than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

6th percentile

-95%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Up

$544,322

Up $113,793 (+26%) from 2022

Liabilities

Up

$54,793

Up $5,915 (+12%) from 2022

Net Assets

Up

$489,529

Up $107,878 (+28%) from 2022

Revenue

Up

$747,593

Up $66,187 (+9.7%) from 2022

Expenses

Up

$695,116

Up $169,911 (+32%) from 2022

Net Income

Down

$52,477

Down $103,724 (-66%) from 2022

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2013: $68,085Liabilities 2013: $31,368Net Assets 2013: $36,7172013Assets 2014: $80,602Liabilities 2014: $34,103Net Assets 2014: $46,4992014Assets 2015: $70,530Liabilities 2015: $39,199Net Assets 2015: $31,3312015Assets 2016: $73,130Liabilities 2016: $37,042Net Assets 2016: $36,0882016Assets 2017: $55,102Liabilities 2017: $46,275Net Assets 2017: $8,8272017Assets 2018: $67,668Liabilities 2018: $46,926Net Assets 2018: $20,7422018Assets 2019: $56,319Liabilities 2019: $12,343Net Assets 2019: $43,9762019Assets 2020: $244,458Liabilities 2020: $38,953Net Assets 2020: $205,5052020Assets 2021: $229,481Liabilities 2021: $25,081Net Assets 2021: $204,4002021Assets 2022: $430,529Liabilities 2022: $48,878Net Assets 2022: $381,6512022Assets 2024: $544,322Liabilities 2024: $54,793Net Assets 2024: $489,5292024

Highlighted filing

2024

Assets$544,322
Liabilities$54,793
Net Assets$489,529

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2013: $225,448Expenses 2013: $166,494Net Income 2013: $58,9542013Revenue 2014: $149,636Expenses 2014: $139,854Net Income 2014: $9,7822014Revenue 2015: $131,313Expenses 2015: $146,481Net Income 2015: -$15,1682015Revenue 2016: $135,045Expenses 2016: $130,288Net Income 2016: $4,7572016Revenue 2017: $131,670Expenses 2017: $158,931Net Income 2017: -$27,2612017Revenue 2018: $248,319Expenses 2018: $236,404Net Income 2018: $11,9152018Revenue 2019: $242,870Expenses 2019: $219,636Net Income 2019: $23,2342019Revenue 2020: $400,370Expenses 2020: $238,841Net Income 2020: $161,5292020Revenue 2021: $409,896Expenses 2021: $411,001Net Income 2021: -$1,1052021Revenue 2022: $681,406Expenses 2022: $525,205Net Income 2022: $156,2012022Revenue 2024: $747,593Expenses 2024: $695,116Net Income 2024: $52,4772024

Highlighted filing

2024

Revenue$747,593
Expenses$695,116
Net Income$52,477

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 4, 2025
Return Version
2024v5.0
Gross Receipts
$747,593
Mission and Program Overview

Mission

The ohio city improvement corporation strives to create a clean, safe, and vibrant neighborhood that embraces ohio city's rich history while building toward the future. Our mission is anchored by principles that balance growth with respect for our environment and social equity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$475,985$527,360▲ $51,375
Land, Buildings, and Equipment, Net$17,697$15,462▼ $2,235
Accounts Receivable-$1,500-
Total Assets$493,682$544,322▲ $50,640
Liabilities
Accounts Payable and Accrued Expenses$56,630$54,793▼ $1,837
Total Liabilities$56,630$54,793▼ $1,837
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$437,052$489,529▲ $52,477
Total Net Assets Fund Balance$437,052$489,529▲ $52,477
Total Liabilities and Net Assets / Fund Balance$493,682$544,322▲ $50,640

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$15,462$6,892$22,354
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael DostalBoard Chair
Mark RaymondVice Chair
Graham VeyseyBoard Member
Jake TaylorBoard Member
John GillBoard Member
Matt MossBoard Member
Paul VogelsangBoard Member
Peter SnavelyBoard Member
Sam McnultyBoard Member
Chris RodriguezBoard Mermbe
Teresa SmucnySecretary
Dan WhalenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$728,204
Program Service Revenue
$2,920
Investment Income
$16,469
Other Revenue
$0
Change in Net Assets
$52,477
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$695,116
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 Other$607,654$1,050-$608,704
Fees for Services Management$58,256--$58,256
Occupancy-$11,437-$11,437
Travel$7,681--$7,681
Insurance-$3,431-$3,431
Conferences and Meetings$3,212--$3,212
Depreciation Depletion-$2,235-$2,235
Office Expenses-$160-$160
Total Functional Expenses$676,803$18,313$0$695,116
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
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI

Each owner of real property within the district, other than the state of ohio and the united states of america, will be a member of the district subject to the requirement in orc chapter 1710.01 that any county, municipad corporation or church owning property in the district must request in writing that its property be included in the district. The members elect the board of directors form 990 is reviewed by the executive board prior to filing. The federal form 990 is provided upon request. Consistent with the requirements of section 6104(d) of the irc and the regulations thereunder, copies of the organization's governing documents shall be made available upon request, in a timely manner, and subject to the charges permitted by law to any individual who request it.

Form 990, Page 6, Part VI, Line 6

Each owner of real property within the district, other than the state of ohio and the united states of america, will be a member of the district subject to the requirement in orc chapter 1710.01 that any county, municipal corporation or church owning property in the district must request in writing that its property be included in the district.

Form 990, Page 6, Part VI, Line 7A

The members elect the board of directors.

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

Form 990 is reviewed by the executive board prior to filing.

Form 990, Page 6, Part VI, Line 19

Consistent with the requirements of section 6104(d) of the irc and the regulations thereunder, copies of the organization's governing documents shall be made available upon request, in a timely manner, and subject to the charges permitted by law to any individuals who request it.

Filing and Contact Details

Filer

Filer Name
Market District Improvement Corp
EIN
45-4224664
Phone
2167813222
Address
3308 LORAIN AVENUE, CLEVELAND, OH 44113
Doing Business As
Ohio City Improvement Corp

Signing Officer

Name
Michael Dostal
Title
Board Chair
Phone
2167813222
Signed
2025-08-04

Organization Details

Principal Officer
Michael Dostal
Formed
2011
Legal Domicile
Oh
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
9

Preparer

Firm
Mcmanamon & Co LLC
Address
1651 CROSSINGS PKWY D, WESTLAKE, OH 44145-1959
Preparer
Jeffrey D Firestone CPA Cva
Phone
4408928900
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The ohio city improvement corporation strives to create a clean, safe, and vibrant neighborhood that embraces ohio city's rich history while building toward the future. Our mission is anchored by principles that balance growth with respect for our environment and social equity.

Form 990, Page 2, Part III, Line 4D

The market district improvement corporation provides safety, maintenance and cleaning services through a contract with the downtown cleveland alliance and block by block. These ambassadors sweep the street and sidewalks, remove litter and gum stains, abate graffiti on public property, and maintain a level of cleaniness in the district. Additionally, the ambassadors provide walking and bike patrols, safety escorts, and neighborhood assistance to provide an additional level of security in the district. The ohio city ambassadors operate up to seven days a week through the year maintaining a clean, safe and welcoming environment.

Form 990, Part IX, Line 11G

Professional fees 467,194 1,050 0 snow removal 48,227 0 0 public realm maintenance 54,377 0 0 security 37,453 0 0 other program services 403 0 0 total 607,654 1,050 0

Financial Statement Notes

Schedule D, Page 3, Part X

Market district improvement corp (ocic) 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. The management of ocic believes that there are no uncertain tax positions. Ocic's tax years that remain subject to examination by the internal revenue service are fiscal years ended december 31, 2022 and forward.

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

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IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE MARKET DISTRICT IMPROVEMENT CORPORATION PROVIDES SAFETY, MAINTENANCE AND CLEANING SERVICES THROUGH A CONTRACT WITH THE DOWNTOWN CLEVELAND ALLIANCE AND BLOCK BY BLOCK. THESE AMBASSADORS SWEEP THE STREET AND SIDEWALKS, REMOVE LITTER AND GUM STAINS, ABATE GRAFFITI ON PUBLIC PROPERTY, AND MAINTAIN A LEVEL OF CLEANINESS IN THE DISTRICT. ADDITIONALLY, THE AMBASSADORS PROVIDE WALKING AND BIKE PATROLS, SAFETY ESCORTS, AND NEIGHBORHOOD ASSISTANCE TO PROVIDE AN ADDITIONAL LEVEL OF SECURITY IN THE DISTRICT. THE OHIO CITY AMBASSADORS OPERATE UP TO SEVEN DAYS A WEEK THROUGH THE YEAR MAINTAINING A CLEAN, SAFE AND WELCOMING ENVIRONMENT.
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0728204
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0639585
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0236320
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0681406
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0409895
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02695410
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt010926
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0409895
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06892
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt022354
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MARKET DISTRICT IMPROVEMENT CORP (OCIC) 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. THE MANAGEMENT OF OCIC BELIEVES THAT THERE ARE NO UNCERTAIN TAX POSITIONS. OCIC'S TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE ARE FISCAL YEARS ENDED DECEMBER 31, 2022 AND FORWARD.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt015462
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE OHIO CITY IMPROVEMENT CORPORATION STRIVES TO CREATE A CLEAN, SAFE, AND VIBRANT NEIGHBORHOOD THAT EMBRACES OHIO CITY'S RICH HISTORY WHILE BUILDING TOWARD THE FUTURE. OUR MISSION IS ANCHORED BY PRINCIPLES THAT BALANCE GROWTH WITH RESPECT FOR OUR ENVIRONMENT AND SOCIAL EQUITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MARKET DISTRICT IMPROVEMENT CORPORATION PROVIDES SAFETY, MAINTENANCE AND CLEANING SERVICES THROUGH A CONTRACT WITH THE DOWNTOWN CLEVELAND ALLIANCE AND BLOCK BY BLOCK. THESE AMBASSADORS SWEEP THE STREET AND SIDEWALKS, REMOVE LITTER AND GUM STAINS, ABATE GRAFFITI ON PUBLIC PROPERTY, AND MAINTAIN A LEVEL OF CLEANINESS IN THE DISTRICT. ADDITIONALLY, THE AMBASSADORS PROVIDE WALKING AND BIKE PATROLS, SAFETY ESCORTS, AND NEIGHBORHOOD ASSISTANCE TO PROVIDE AN ADDITIONAL LEVEL OF SECURITY IN THE DISTRICT. THE OHIO CITY AMBASSADORS OPERATE UP TO SEVEN DAYS A WEEK THROUGH THE YEAR MAINTAINING A CLEAN, SAFE AND WELCOMING ENVIRONMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH OWNER OF REAL PROPERTY WITHIN THE DISTRICT, OTHER THAN THE STATE OF OHIO AND THE UNITED STATES OF AMERICA, WILL BE A MEMBER OF THE DISTRICT SUBJECT TO THE REQUIREMENT IN ORC CHAPTER 1710.01 THAT ANY COUNTY, MUNICIPAD CORPORATION OR CHURCH OWNING PROPERTY IN THE DISTRICT MUST REQUEST IN WRITING THAT ITS PROPERTY BE INCLUDED IN THE DISTRICT. THE MEMBERS ELECT THE BOARD OF DIRECTORS FORM 990 IS REVIEWED BY THE EXECUTIVE BOARD PRIOR TO FILING. THE FEDERAL FORM 990 IS PROVIDED UPON REQUEST. CONSISTENT WITH THE REQUIREMENTS OF SECTION 6104(D) OF THE IRC AND THE REGULATIONS THEREUNDER, COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS SHALL BE MADE AVAILABLE UPON REQUEST, IN A TIMELY MANNER, AND SUBJECT TO THE CHARGES PERMITTED BY LAW TO ANY INDIVIDUAL WHO REQUEST IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH OWNER OF REAL PROPERTY WITHIN THE DISTRICT, OTHER THAN THE STATE OF OHIO AND THE UNITED STATES OF AMERICA, WILL BE A MEMBER OF THE DISTRICT SUBJECT TO THE REQUIREMENT IN ORC CHAPTER 1710.01 THAT ANY COUNTY, MUNICIPAL CORPORATION OR CHURCH OWNING PROPERTY IN THE DISTRICT MUST REQUEST IN WRITING THAT ITS PROPERTY BE INCLUDED IN THE DISTRICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MEMBERS ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 990 IS REVIEWED BY THE EXECUTIVE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONSISTENT WITH THE REQUIREMENTS OF SECTION 6104(D) OF THE IRC AND THE REGULATIONS THEREUNDER, COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS SHALL BE MADE AVAILABLE UPON REQUEST, IN A TIMELY MANNER, AND SUBJECT TO THE CHARGES PERMITTED BY LAW TO ANY INDIVIDUALS WHO REQUEST IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PROFESSIONAL FEES 467,194 1,050 0 SNOW REMOVAL 48,227 0 0 PUBLIC REALM MAINTENANCE 54,377 0 0 SECURITY 37,453 0 0 OTHER PROGRAM SERVICES 403 0 0 TOTAL 607,654 1,050 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
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IRS990/USAddress/AddressLine1Txt03308 LORAIN AVE
IRS990/USAddress/CityNm0CLEVELAND
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IRS990/USAddress/ZIPCd044113
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL DOSTAL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum02167813222
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MARKET DISTRICT IMPROVEMENT CORP
ReturnHeader/Filer/BusinessNameControlTxt0MARK
ReturnHeader/Filer/EIN0454224664
ReturnHeader/Filer/PhoneNum02167813222
ReturnHeader/Filer/USAddress/AddressLine1Txt03308 LORAIN AVENUE
ReturnHeader/Filer/USAddress/CityNm0CLEVELAND
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0341873333
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCMANAMON & CO LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01651 CROSSINGS PKWY D
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WESTLAKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0441451959
ReturnHeader/PreparerPersonGrp/PhoneNum04408928900
ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY D FIRESTONE CPA CVA
ReturnHeader/ReturnTs02025-08-04T10:44:37-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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