2024-11-12T08:53:10-06:00 2022-12-31 440160260 FORVIS MAZARS LLP 500 RIDGEFIELD COURT ASHEVILLE NC 28806 990 2022-01-01 472073263 CROSSTOWN REDEVELOPMENT COOPERATIVE ASSOCIATION INC CROS 9015071179 20 HULING AVENUE MEMPHIS TN 38103 TODD RICHARDSON PRESIDENT 9015071179 2024-11-12 1 1 AMY BIBBY P00445891 8282542254 2024-06-25 2022 2024-10-15 13:58:12Z X X TODD RICHARDSON 8700 W TRAIL LAKE DR MEMPHIS TN 38125 44593632 0 X N/A X 2014 TN TO ASSIST IN THE REVITALIZATION AND ECEONOMIC DEVELOPMENT OF THE CROSSTOWN NEIGHBORHOOD IN MEMPHIS, TENNESSEE, BY ASSISTING IN AND FACILITATING THE MANAGEMENT, PRESERVATION AND REDEVELOPMENT OF THE CROSSTOWN PROJECT, NOW KNOWN AS CROSSTOWN CONCOURSE. THE FOREGOING SHALL INCLUDE, WITHOUT LIMITATION, ACTING AS A MANAGER AND/OR MEMBER OF BUILDING OWNER. 9 8 2 0 0 0 0 44247500 218357 346132 0 0 0 0 218357 44593632 0 0 0 0 217754 349736 0 0 0 182395 172897 400149 522633 -181792 44070999 6561938 6500673 1204267 1212003 5357671 5288670 X TO ASSIST IN THE REVITALIZATION AND ECEONOMIC DEVELOPMENT OF THE CROSSTOWN NEIGHBORHOOD IN MEMPHIS, TENNESSEE, BY ASSISTING IN AND FACILITATING THE MANAGEMENT, PRESERVATION AND REDEVELOPMENT OF THE CROSSTOWN PROJECT, NOW KNOWN AS CROSSTOWN CONCOURSE. THE FOREGOING SHALL INCLUDE, WITHOUT LIMITATION, ACTING AS A MANAGER AND/OR MEMBER OF BUILDING OWNER. 0 0 295090 346132 MANAGED ALL OPERATION AND PROGRAMMING FOR CROSSTOWN CONCOURSE. ASSISTED IN THE REVITALIZATION AND ECEONOMIC DEVELOPMENT OF THE CROSSTOWN NEIGHBORHOOD. LAUNCHED WYXR AND THE CROSSTOWN RADIO PARTNERSHIP IN COLLABORATION WITH THE UNIVERSITY OF MEMPHIS AND THE DAILY MEMPHIAN, WHICH REPLACED WUMR, 91.7 STATION. CONTINUE TO OWN, OVERSEE OPERATIONS AND SUPPORT CROSSTOWN CURB MARKET, INC. 295090 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 2 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 1 0 0 TN X TODD RICHARDSON 9015071179 20 HULING AVENUE MEMPHIS TN 38103 MCCLEAN WILSON CHAIRMAN 1.00 X X 0 0 0 DALLAS GEER TREASURER 1.00 X X 0 0 0 MILTON LOVELL SECRETARY 1.00 X 0 0 0 MARTIN HAND DIRECTOR 1.00 X 0 0 0 ANN LANGSTON DIRECTOR 1.00 X 0 0 0 ELLIOT PERRY DIRECTOR 1.00 X 0 0 0 CHRIS TERRILL DIRECTOR 1.00 X 0 0 0 STALEY CATES DIRECTOR 1.00 X 0 0 0 TODD RICHARDSON PRESIDENT 40.00 X X 250598 0 14000 250598 0 14000 1 0 1 0 0 44247500 44140000 44247500 MANAGEMENT FEE INCOME 541610 346132 346132 346132 44593632 346132 0 0 250598 125299 125299 70154 35077 35077 7500 3750 3750 4237 2119 2118 17247 8623 8624 5222 5222 32500 32500 3612 3612 184 184 365 365 200 200 442 442 115000 115000 REPAIRS AND MAINTENANCE 11875 11875 MEALS 2480 2480 GIFTS/FLOWERS 518 518 BANK SERVICE CHARGES 499 499 522633 295090 227543 0 320395 62882 180000 231891 0 231891 6025900 6025900 215643 0 6561938 6500673 9267 17003 1195000 1195000 1204267 1212003 X 5357671 5288670 5357671 5288670 6561938 6500673 X 44070999 -44140000 X X 0 1 X 1 0 X 160000 1 0 107500 267501 160000 1 107500 267501 267501 267501 899106 1.00000 X 0.24550 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 231891 231891 231891 INVESTMENT IN CLOSELY HELD ENTITIES 6025900 C 6025900 X PART X, LINE 2: CRCA IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS SIMILARLY EXEMPT FROM TENNESSEE STATE INCOME TAXES UNDER PROVISIONS OF THE TENNESSEE TAX REGULATIONS. ACCORDINGLY, NO PROVISION FOR INCOME TAXES FOR CRCA IS INCLUDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. CRCA FILES INFORMATIONAL RETURNS WITH THE INTERNAL REVENUE SERVICE AND THE STATE OF TENNESSEE. X 0 0 0 0 0 0 0 0 0 TODD RICHARDSON PRESIDENT 250598 0 0 0 0 0 14000 0 0 0 264598 0 0 0 PART I, LINE 3 THE DELIBERATIONS REGARDING THE PRESIDENT'S COMPENSATION IS DOCUMENTED. THE COMPENSATION IS THEN APPROVED BY THE BOARD MEMBERS AND COMPENSATION COMMITTEE. CONTEMPORANEOUS DOCUMENTATION AND RECORDS ARE KEPT RELATING TO THE DELIBERATIONS. X 2 44140000 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE FULL BOARD. THE FORM 990 IS REVIEWED BY THE PRESIDENT AND SECRETARY, AS WELL AS TWO ADDITIONAL BOARD MEMBERS, PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15A THE DELIBERATIONS REGARDING THE PRESIDENT'S COMPENSATION IS DOCUMENTED. THE COMPENSATION IS THEN APPROVED BY THE BOARD MEMBERS AND COMPENSATION COMMITTEE. CONTEMPORANEOUS DOCUMENTATION AND RECORDS ARE KEPT RELATING TO THE DELIBERATIONS. FORM 990, PART VI, SECTION C, LINE 18 CRCA MAKES ITS DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 CRCA MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CONTRA GAAP GIFT INCOME -44,140,000. FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990 AMENDED RETURN CROSSTOWN REDEVELOPMENT COOPERATIVE ASSOCIATION INC. IS AMENDING THE 12/31/2022 RETURN. DUE TO AUDIT ADJUSTMENTS, THE RETURN NOW REFLECTS UPDATED FIGURES FOR THE AREAS LISTED BELOW. - PART VIII, LINE 1D, 1F, 1G - PART X LINES 12 AND 27. - PART XI IS UPDATED FOR CHANGES TO PART VIII, PART X, AND LINE 9. - SCH A: PART I LINE 7, 10. PART II SUPPORT SCHEDULE, PART III SUPPORT SCHEDULE - SCH B CONTRIBUTORS - SCH M - SCH R PART IV CROSSTOWN LLC 100 PEABODY PLACE STE 900 MEMPHIS TN 38103 260579293 TN CROSSTOWN REDEVELOPMENT COOPERATIVE ASSOCIATION C 28603817 395527389 1.00000 0 C INVESTOR LLC 1350 CONCOURSE AVE SUITE 383 MEMPHIS TN 38104 933547781 TN CROSSTOWN REDEVELOPMENT COOPERATIVE ASSOCIATION C 88820 5935053 1.00000 0 CROSSTOWN CURB MARKET INC 100 PEABODY PLACE STE 1300 MEMPHIS TN 38103 842223248 TN CROSSTOWN REDEVELOPMENT COOPERATIVE ASSOCIATION C 704400 112640 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0