2024-04-10T15:02:56-05:00 2023-07-31 310800053 CLARK SCHAEFER HACKETT & CO 1 EAST 4TH STREET CINCINNATI OH 45202 990 2022-08-01 141873450 BLOCK 3 COMMUNITY URBAN REDEVELOPMENT CORPORATION BLOC 5135640078 2510 OHIO AVENUE C CINCINNATI OH 45219 MATTHEW P BOURGEOIS DIRECTOR 5135640078 2024-04-10 1 MATTHEW BOURGEOIS 999009999 0 BRIDGET A BUSH P00234609 5132413111 2024-04-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DANIEL DEERING 2510 OHIO AVENUE C CINCINNATI OH 45219 9535662 0 X N/A X 2003 OH REDEVELOPMENT OF BLIGHTED URBAN AREAS BY DEVELOPMENT OF REAL PROPERTY PRIMARILY FOR STUDENT HOUSING. 5 5 0 5 206782 2062 0 0 7647945 7795500 174400 241000 481204 675581 8303549 8712081 0 0 0 0 0 0 0 0 0 7387627 7108299 7387627 7108299 915922 1603782 42525355 41282612 56011678 50476266 -13486323 -9193654 REDEVELOPMENT OF BLIGHTED URBAN AREAS BY DEVELOPMENT OF REAL PROPERTY PRIMARILY FOR STUDENT HOUSING. 0 0 1807667 THE ORGANIZATION ISSUED BONDS PRIMARILY FOR THE CONSTRUCTION OF STUDENT HOUSING. THE EXPENSE REFLECTS THE INTEREST EXPENSE ON THE BONDS AND INTEREST ON THE SUBORDINATE LOAN TO THE UNIVERSITY OF CINCINNATI. 3352717 7795500 THE ORGANIZATION PROVIDES STUDENT HOUSING FOR STUDENTS OF THE UNIVERSITY OF CINCINNATI. THE ORGANIZATION HAS ATTRACTED A SUBSTANTIAL NUMBER OF STUDENTS WHO RESIDE AT THE ORGANIZATION'S HOUSING FACILITY. 1569009 THE ORGANIZATION CONSTRUCTED STUDENT HOUSING. THE EXPENSE REFLECTS THE DEPRECIATION EXPENSE ON THE STUDENT HOUSING BUILDING. 6729393 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X MATTHEW P BOURGEOIS 5135640078 2510 OHIO AVENUE C CINCINNATI OH 45219 CHIP KUSSMAUL TRUSTEE 1.00 3.00 X 0 0 0 DANIEL DEERING PRESIDENT 1.00 3.00 X X 0 0 0 JOHN DUBOIS VICE PRESIDENT 1.00 3.00 X X 0 0 0 TOM ERBECK SECRETARY 1.00 3.00 X X 0 0 0 MEGAN SMITH TREASURER 1.00 3.00 X X 0 0 0 MATTHEW BOURGEOIS DIRECTOR 10.00 30.00 X 0 141550 3000 0 141550 3000 0 0 0 0 UNIVERSITY OF CINCINNATI MARIAN SPENCER HALL 2911 SCIOTO LAN CINCINNATI OH 45219 MANAGEMENT SERVICES 300000 1 STUDENT HOUSING RENTAL REVENUE 531110 7795500 7795500 7795500 260224 260224 1273156 804357 468799 468799 468799 19224 -19224 -19224 -19224 PARKING REVENUE 812930 206782 206782 206782 8712081 7795500 206782 709799 300003 300003 13651 13651 8800 8800 134 134 1158797 1158797 1807667 1807667 1588996 1569009 19987 176249 156666 19583 REPAIRS, MAINTENANCE & 1367653 1270195 97458 LETTER OF CREDIT FEES 380277 380277 CORPORATE OVERHEAD CHAR 187431 187431 PARKING LOT EXPENSE 54447 54447 64194 64194 7108299 6729393 378906 0 476226 65894 3537041 4343059 83175 27655 18808 1905 62158258 28900471 34809396 33257787 3457005 3457005 143704 129307 42525355 41282612 1622911 816269 899403 593096 37715000 35940000 10709712 10709712 234420 248485 4830232 2168704 56011678 50476266 X -13486323 -9193654 -13486323 -9193654 42525355 41282612 1603782 2688887 0 X X 0 1 X 1 0 X X 1 CLIFTON HEIGHTS COMMUNITY REDEVLOPMENT CORPORATION 311682502 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 9572075 46544781 24689940 31426916 3980727 2313488 1667239 777755 1282920 1897043 163632 33257787 GUARANTEED INVESTMENT CONTRACT 3457005 F 3457005 INTEREST RATE SWAP 2718777 BOND ISSUE FEES -550073 2168704 X 12224549 2688887 804357 3493244 8731305 -19224 -19224 8712081 7931880 823581 823581 7108299 0 7108299 PART X, LINE 2: THE ORGANIZATION IS A TAX-EXEMPT ORGANIZATION QUALIFYING UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE ORGANIZATION RECOGNIZES TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. THE ORGANIZATION'S POLICY WITH REGARDS TO INTEREST AND PENALTIES IS TO RECOGNIZE INTEREST THROUGH INTEREST EXPENSE AND PENALTIES THROUGH OTHER EXPENSE. IN EVALUATING THE ORGANIZATION'S TAX PROVISION AND TAX-EXEMPT STATUS, INTERPRETATIONS AND TAX PLANNING STRATEGIES WERE CONSIDERED. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL COSTS 804,357. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DDISPOSAL -19,224. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL COSTS 804,357. LOSS ON DISPOSAL 19,224. A SERIES 2004-COUNTY OF HAMILTON OH 316000063 NONEAVAIL 2004-07-01 54570000 CONTRUCTION OF STUDENT HOUSING 0 0 0 A 18630000 54570000 1357005 53212995 0 0 1 1 A 0 1 1 1 0 1 0 0 A 0 0 0 0 1 1 CITIZENS BANK 360.000000000000 0 0 1 AEGON 384.000000000000 1 0 0 A 0 FORM 990, PART VI, SECTION B, LINE 11B FEDERAL FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C IT IS THE RESPONSIBILITY OF THE MEMBER TO DISCLOSE ANY POSSIBLE CONFLICT OF INTEREST WITH THE BOARD OR COMMITTEE WITH REGARDS TO ANY PROPOSED TRANSACTIONS OR ARRANGEMENTS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: PROCESS HAS NOT CHANGED FROM PRIOR YEAR. CLIFTON HEIGHTS COMMUNITY REDEVELOPMENT CORP 2510 OHIO AVENUE STE C CINCINNATI OH 45219 311682502 URBAN REDEVELOPMENT OH 501(C)(3) LINE 7 0 BLOCK 4 COMMUNITY URBAN REDEVELOPMENT CORP 2510 OHIO AVENUE STE C CINCINNATI OH 45219 202024384 URBAN REDEVELOPMENT OH 501(C)(3) LINE 12A, I CLIFTON HEIGHTS COMMUNITY REDEVELOPMENT CORP 0 BLOCK 1 COMMUNITY URBAN REDEVELOPMENT CORP 2510 OHIO AVENUE STE C CINCINNATI OH 45219 260714794 URBAN REDEVELOPMENT OH 501(C)(3) LINE 12A, I CLIFTON HEIGHTS COMMUNITY REDEVELOPMENT CORP 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0