2024-05-15T15:50:40-04:00 2023-06-30 341873333 MCMANAMON & CO LLC 1651 CROSSINGS PKWY D WESTLAKE OH 441451959 990 2022-07-01 341657533 BURTEN BELL CARR DEVELOPMENT INC BURT 2163411455 7201 KINSMAN ROAD CLEVELAND OH 44104 JOY JOHNSON EXECUTIVE DIRECTOR 2163411455 2024-04-10 JOY JOHNSON 999009999 false ELIJAH SMITH P01821552 4408928900 2024-05-15 2022 2023-04-26 12:10:37Z JOY JOHNSON 7201 KINSMAN ROAD CLEVELAND OH 44104 5328896 false X WWW.BBCDEVELOPMENT.ORG X 1990 OH BBC'S MISSION IS TO EMPOWER CITIZENS, AND REVITALIZE BLIGHTED AND UNDERSERVED COMMUNITIES. 7 7 18 260 0 3370674 4213135 1100458 1130426 -173120 -14665 0 4298012 5328896 0 0 1262674 1471496 0 197934 3145144 3155333 4407818 4626829 -109806 702067 23935099 23538115 17602279 17632703 6332820 5905412 X BBC'S MISSION IS TO EMPOWER CITIZENS, AND REVITALIZE BLIGHTED AND UNDERSERVED COMMUNITIES. false false 3676301 CREATED FOR NEIGHBORHOOD PLANNING AND COMMUNITY REVITALIZATION ACTIVITIES IN WARD 5 OF THE CITY OF CLEVELAND. IN 30 YEARS OF EXISTENCE, BBC PRIMARILY FOCUSED ITS EFFORTS ON NEIGHBORHOOD PLANNING AND RESTORING THE RESIDENTIAL FABRIC OF THE COMMUNITY BY FACILITATING A VARIETY OF HOUSING PROJECTS AND SUPPORTIVE SERVICES IN THE CENTRAL COMMUNITY. WE EVOLVED INTO A FULL SERVICE COMMUNITY DEVELOPMENT CORPORATION SERVING THE CENTRAL AND LOWER KINSMAN NEIGHBORHOODS. ADDITIONAL NEIGHBORHOODS THAT WE NOW SUPPORT. BUCKEYE-SHAKER SQUARE AND BUCKEYE-WOODLAND NEIGHBORHOODS. IN 30 YEARS WE HAVE SEEN INDICATORS, SUCH AS LOW FORECLOSURE RATES, PURPOSEFUL RE-USE OF LARGE TRACTS OF DESOLATE LAND AND THE SUCCESSFUL RENTAL OF RETAIL SPACES WITHIN ONCE INFAMOUS CRIME-INFESTED AREAS, DEMONSTRATES OUR EFFECTIVENESS AT CHARTING THE PATH OF NEIGHBORHOOD RECOVERY WITHIN THE MOST CHALLENGED NEIGHBORHOODS OF CLEVELAND. WITH SUCH PROVEN SUCCESS WE ARE POISED TO CULTIVATE A NEW THRIVING NEIGHBORHOOD. BBC IS COMPRISED OF A DYNAMIC STAFF OF SEVENTEEN HIGHLY DEDICATED AND ACCOMPLISHED COMMUNITY DEVELOPMENT PRACTITIONERS. JOY JOHNSON, THE EXECUTIVE DIRECTOR SINCE MAY 2020, JOINED THE ORGANIZATION IN 2002. MS. JOHNSON CONTINUES TO ENSURE THAT THE KNOWLEDGE AND EXPERTISE OF BBC PROJECTS AND PROGRAMS REMAIN CONSISTENT AND SUSTAINABLE. FOURTEEN STAFF MEMBERS SERVE IN A FULL-TIME CAPACITY, EIGHT (8) OF WHICH HAVE EARNED A MASTER'S DEGREE IN PUBLIC ADMINISTRATION, PLANNING AND DEVELOPMENT, ARCHITECTURE, OR SOCIAL WORK. FULL-TIME STAFF MEMBERS HAVE BEEN WITH THE ORGANIZATION FOR AN AVERAGE OF FIVE YEARS AND HAVE BEEN WORKING IN THE COMMUNITY DEVELOPMENT FIELD FOR MORE THAN 10 YEARS ON AVERAGE. BBCS THREE SOCIAL ENTERPRISES EMPLOYS ADDITIONAL INDIVIDUALS, ALL OF WHOM WERE UNEMPLOYED COMMUNITY RESIDENTS PRIOR TO WORKING FOR BBC SUBSIDIARIES. 53527 DURING THE 2021 FISCAL YEAR, BBC CONTINUED TO RISE TO THE CHALLENGES ASSOCIATED WITH THE COVID-19 GLOBAL PANDEMIC. THE BOARD AND STAFF REMAIN VIGILANT TO SUPPORT THE RESIDENTS, BUSINESSES, AND COMMUNITY STAKEHOLDERS TO NAVIGATE THESE TUMULTUOUS TIMES. WE WORKED CLOSELY WITH PARTNERS TO LEVERAGE RESOURCES TO PROVIDE OVER 4,000 COMMUNITY RESIDENTS WITH WEEKLY DINNERS, FRESH PRODUCE, AND PERSONAL PROTECTIVE EQUIPMENT. BBC ALSO PROVIDED RESIDENTS WITH RENTAL SUPPORT, GROCERIES FOR HOUSEHOLDS, AND SUPPORT WITH UTILITY BILLS. WE SUPPORTED 19 BUSINESS WITH RENTAL OR MORTGAGE ASSISTANCE AND TECHNICAL ASSISTANCE TO ENSURE THEY REMAIN VIABLE IN OUR COMMUNITY. WE COMPLETED THE FINANCING FOR COLFAX FAMILY HOMES, 36 SINGLE-FAMILY HOMES THAT WILL CREATE LOW- TO MODERATE-INCOME HOUSING OPTIONS IN THE KINSMAN NEIGHBORHOOD. THESE HOMES WILL CHANGE THE LANDSCAPE OF THE STREET AND COMMUNITY AS WE IMPLEMENT OUR NEIGHBORHOOD MASTER PLAN. OTHER KEY PROGRAMS AND SERVICES INCLUDE: "BOXSPOT SMALL BUSINESS VENTURE "HEALTH & WELLNESS EDUCATION FOR YOUTH & ADULTS HOME REPAIR ASSISTANCE "PROGRAMS FOCUSING ON THE ARTS "RETAIL DEVELOPMENT "HOUSING DEVELOPMENT & OCCUPANCY "GREENSPACE DEVELOPMENT AND MAINTENANCE FISCAL AGENT SERVICES TO GRASS ROOTS "GROUPS NEIGHBORHOOD LANDSCAPING INITIATIVE. "INVESTMENT SCHOOL LEAD AGENCY "LAND ASSEMBLY "NEIGHBORHOOD PLANNING "TECHNICAL ASSISTANCE TO BUSINESSES & ENTREPRENEURS "VOLUNTEER INCOME TAX ASSISTANCE PROGRAM. 53527 3729828 true true false false false false false false false false true false false true false true true true false false false false false false false false false false false false false false false false false false false false false false false false true true false false false true 15 0 false 18 true false false false false false false false false X 7 7 false false false false false false false true true false false true true true true true true true false false OH X X JOY JOHNSON 2163411455 7201 KINSMAN ROAD CLEVELAND OH 44104 JOY JOHNSON EXECUTIVE DI 40.00 X 111097 0 0 MILDRED CEPHUS BOARD MEMBER 2.00 X 0 0 0 DAWN GLASCO BOARD MEMBER 2.00 X 0 0 0 PAMELA GOODWIN BOARD MEMBER 2.00 X 0 0 0 LARRY JONES BOARD PRESID 2.00 X X 0 0 0 CHRISTOPHER KING BOARD MEMBER 2.00 X 0 0 0 JOHN ANTHONY ORLANDO BOARD MEMBER 2.00 X 0 0 0 BEVERLY OWENS BOARD MEMBER 2.00 X 0 0 0 JAMIE PARKER BOARD MEMBER 2.00 X 0 0 0 DAVID B RONEY SECRETARY 2.00 X X 0 0 0 MICHAEL SCHOOP TREASURER 2.00 X X 0 0 0 RUNAKO STROUD BOARD MEMBER 2.00 X 0 0 0 BARA WATTS VICE PRESIDE 2.00 X X 0 0 0 111097 1 false false false 1844152 2368983 4213135 PROGRAM FEES 531390 583027 583027 RENTAL REVENUE 531390 380803 380803 MISCELLANEOUS 531390 100596 100596 DEVELOPMENT FEE 531390 66000 66000 1130426 -14665 -29369 14704 5328896 1101057 14704 1471496 1304334 115807 51355 1288314 752891 398604 136819 165480 114083 49281 2116 22022 6915 10355 4752 30673 4749 23032 2892 16302 14869 1433 19491 6828 12663 50619 48118 2501 245019 228137 16882 60537 53527 7010 PROGRAM EXPENSES 703495 664170 39325 REPAIR AND MAINTENANCE 276665 272266 4399 OTHER 197500 179725 17775 REAL ESTATE TAXES 79216 79216 4626829 3729828 699067 197934 338265 1160362 617252 1026234 1216776 18325 15610 4125982 3011000 49381 23526 18174315 1917361 16409795 16256954 154034 80664 1195831 1773223 23935099 23538115 1571417 1914477 23837 71267 16007025 15646959 17602279 17632703 X 5665086 5642125 667734 263287 6332820 5905412 23935099 23538115 X 702067 -1129475 X false true X true true true X 2003340 2473843 1852435 3370674 4213135 13913427 1072121 948130 987198 913476 1101057 5021982 3075461 3421973 2839633 4284150 5314192 18935409 18935409 413 741 168 13862 14704 29888 413 741 168 13862 14704 29888 3075874 3422714 2839801 4298012 5328896 18965297 0.99840 0.99900 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1584289 1584289 15879122 1917361 13961761 369094 369094 341810 341810 16256954 LAND UNDER DEVELOPMENT 1772848 DEPOSIT 375 1773223 X 5328896 5328896 5328896 4626829 4626829 4626829 SCHEDULE D, PAGE 3, PART X BBC 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 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 BBC BELIEVES THAT THERE ARE NO UNCERTAIN TAX POSITIONS. THE BBC'S TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE ARE JUNE 30, 2020 AND FORWARD . FORM 990, PAGE 2, PART III, LINE 4C BBC IS COMPRISED OF A DYNAMIC STAFF OF SEVENTEEN HIGHLY DEDICATED AND ACCOMPLISHED COMMUNITY DEVELOPMENT PRACTITIONERS. JOY JOHNSON, THE EXECUTIVE DIRECTOR SINCE MAY 2020, JOINED THE ORGANIZATION IN 2002. MS. JOHNSON CONTINUES TO ENSURE THAT THE KNOWLEDGE AND EXPERTISE OF BBC PROJECTS AND PROGRAMS REMAIN CONSISTENT AND SUSTAINABLE. FOURTEEN STAFF MEMBERS SERVE IN A FULL-TIME CAPACITY, EIGHT (8) OF WHICH HAVE EARNED A MASTER'S DEGREE IN PUBLIC ADMINISTRATION, PLANNING AND DEVELOPMENT, ARCHITECTURE, OR SOCIAL WORK. FULL-TIME STAFF MEMBERS HAVE BEEN WITH THE ORGANIZATION FOR AN AVERAGE OF FIVE YEARS AND HAVE BEEN WORKING IN THE COMMUNITY DEVELOPMENT FIELD FOR MORE THAN 10 YEARS ON AVERAGE. BBCS THREE SOCIAL ENTERPRISES EMPLOYS ADDITIONAL INDIVIDUALS, ALL OF WHOM WERE UNEMPLOYED COMMUNITY RESIDENTS PRIOR TO WORKING FOR BBC SUBSIDIARIES. FORM 990, PAGE 2, PART III, LINE 4D DURING THE 2021 FISCAL YEAR, BBC CONTINUED TO RISE TO THE CHALLENGES ASSOCIATED WITH THE COVID-19 GLOBAL PANDEMIC. THE BOARD AND STAFF REMAIN VIGILANT TO SUPPORT THE RESIDENTS, BUSINESSES, AND COMMUNITY STAKEHOLDERS TO NAVIGATE THESE TUMULTUOUS TIMES. WE WORKED CLOSELY WITH PARTNERS TO LEVERAGE RESOURCES TO PROVIDE OVER 4,000 COMMUNITY RESIDENTS WITH WEEKLY DINNERS, FRESH PRODUCE, AND PERSONAL PROTECTIVE EQUIPMENT. BBC ALSO PROVIDED RESIDENTS WITH RENTAL SUPPORT, GROCERIES FOR HOUSEHOLDS, AND SUPPORT WITH UTILITY BILLS. WE SUPPORTED 19 BUSINESS WITH RENTAL OR MORTGAGE ASSISTANCE AND TECHNICAL ASSISTANCE TO ENSURE THEY REMAIN VIABLE IN OUR COMMUNITY. WE COMPLETED THE FINANCING FOR COLFAX FAMILY HOMES, 36 SINGLE-FAMILY HOMES THAT WILL CREATE LOW- TO MODERATE-INCOME HOUSING OPTIONS IN THE KINSMAN NEIGHBORHOOD. THESE HOMES WILL CHANGE THE LANDSCAPE OF THE STREET AND COMMUNITY AS WE IMPLEMENT OUR NEIGHBORHOOD MASTER PLAN. OTHER KEY PROGRAMS AND SERVICES INCLUDE: "BOXSPOT SMALL BUSINESS VENTURE "HEALTH & WELLNESS EDUCATION FOR YOUTH & ADULTS HOME REPAIR ASSISTANCE "PROGRAMS FOCUSING ON THE ARTS "RETAIL DEVELOPMENT "HOUSING DEVELOPMENT & OCCUPANCY "GREENSPACE DEVELOPMENT AND MAINTENANCE FISCAL AGENT SERVICES TO GRASS ROOTS "GROUPS NEIGHBORHOOD LANDSCAPING INITIATIVE. "INVESTMENT SCHOOL LEAD AGENCY "LAND ASSEMBLY "NEIGHBORHOOD PLANNING "TECHNICAL ASSISTANCE TO BUSINESSES & ENTREPRENEURS "VOLUNTEER INCOME TAX ASSISTANCE PROGRAM. FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF THE FEDERAL FORM 990 WAS PROVIDED TO THE BOARD PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C AT THE FIRST BOARD OF THE FISCAL YEAR EACH BOARD MEMBER IS REQUESTED TO READ THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. ALL MEMBERS ARE REQUESTED TO SUBMIT IN WRITING ANY POSSIBLE CONFLICTS. FORM 990, PAGE 6, PART VI, LINE 15A THE OFFICE AND PERSONNEL COMMITTEE NEGOTIATED THE EXECUTIVE DIRECTOR'S SALARY. THEY USED A NUMBER OF FACTORS INCLUDING OTHER 990S AND DISCUSSIONS WITH OTHER CDC BOARD MEMBERS. FORM 990, PAGE 6, PART VI, LINE 18 THE FEDERAL FORM 990 IS PROVIDED TO ANYONE WHO SUBMITS A WRITTEN REQUEST. 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. FORM 990, PART XI, LINE 9 INTERCOMPANY ELIMINATION -1,129,475 BRIDGEPORT PLACE LLC 7201 KINSMAN ROAD CLEVELAND OH 44104 RENTAL RE OH BURTEN BEL BURTEN BELL CARR DEVELOPMENT EAST CENTRAL TOWNHOMES 7201 KINSMAN ROAD CLEVELAND OH 44104 RENTAL RE OH BURTEN BEL BURTEN BELL CARR DEVELOPMENT EAST CEDAR APARTMENTS 7201 KINSMAN ROAD CLEVELAND OH 44104 RENTAL RE OH BURTEN BEL BURTEN BELL CARR DEVELOPMENT ARBOR PARL PLACE LLC 7201 KINSMAN ROAD CLEVELAND OH 44104 REAL ESTAT OH BURTEN BEL BURTEN BELL CARR DEVELOPMENT COLFAX FAMILY HOMES LLC 7201 KINSMAN ROAD CLEVELAND OH 44104 REAL ESTAT OH N/A BBC LEVERAGE LENDER LLC 7201 KINSMAN ROAD CLEVELAND OH 44104 843717271 REAL ESTAT OH BURTEN BELL CARR DEVELOPMENT RELATED false true CLEVELAND NEW HOMES LLC 7201 KINSMAN ROAD CLEVELAND OH 44104 043640360 REAL ESTAT OH BURTEN BEL BURTEN BELL CARR DEVELOPMENT RELATED false true false false false false false false false false false false false false false false false false false false false