2024-11-13T11:32:02-06:00 2023-12-31 221478099 COHNREZNICK LLP 500 EAST PRATT STREET 4TH FLOOR BALTIMORE MD 21202 990 2023-01-01 815263340 NMI COMMUNITY DEVELOPMENTS CORPORATION NMIC 7036390122 12020 SUNRISE VALLEY DRIVE 100 RESTON VA 20191 MICHAEL ALEXANDER MANAGING DIRECTOR 7036390122 2024-11-12 1 1 LORI ROTHE YOKOBOSKY CPA P01273422 4107834900 2023 2024-10-15 13:58:12Z MICHAEL P ALEXANDER 12020 SUNRISE VALLEY DRIVE 100 RESTON VA 20191 0 0 X NEWMARKETINVESTORS.COM X 2017 VA SEE SCHEDULE O 5 5 0 5 0 0 0 0 355520 0 0 0 0 0 355520 0 0 0 0 0 0 0 0 0 0 78432 78558 78432 78558 277088 -78558 1872316 1796773 12880 15895 1859436 1780878 X SEE STATEMENT O 0 0 75518 SEE SCHEDULE ONMI CDC IS FOCUSED ON BUILDING MODERN COMMUNITY SPACES OUT OF UNDERUTILIZED PROPERTY LOCATED IN DISADVANTAGED NEIGHBORHOODS. NEIGHBORHOODS IN HIGH POVERTY LOCATIONS SEVERELY LACK WELL SPONSORED COMMUNITY SPACES OPEN TO FOLKS LOOKING TO SELF-IMPROVE AND DEVELOP STRONGER BONDS WITH THEIR FAMILIES AND NEIGHBORS. OUR NEW SPACES PROVIDE A SAFE, MODERN AND WELL MANAGED LOCATION TO BRING RESOURCES AND PROGRAMS INTENDED TO GREATLY ENHANCE THE LIVES OF OUR NEIGHBORS. EXAMPLES OF OUR POSITIVE PROGRAMMING INCLUDE AFTER SCHOOL ENRICHMENT, SUMMER SCHOOL, ADULT LEARNING, SOCIAL CLUBS, SPORTS WATCH AND RESIDENT APPRECIATIONS (BIRTHDAYS, ANNIVERSARIES, FATHER'S DAY, MOTHER'S DAY, FOR EXAMPLE).NMI CDC WILL INITIALLY FOCUS ON COMMUNITY CENTER DEVELOPMENT IN NEIGHBORHOODS LOCATED NEAR PROPERTIES CURRENTLY OWNED AND MANAGED BY MR. ALEXANDER'S REAL ESTATE FIRM, NEW MARKET INVESTORS LLC. WE HAVE COMPLETED TWO COMMUNITY CENTERS TO DATE WITH THREE MORE UNDER PREDEVELOPMENT DESIGN AND BUDGETING. NMI CDC IS DEDICATED TO PRESERVING AND CREATING AFFORDABLE HOUSING OPPORTUNITIES FOR LESS FORTUNATE FAMILIES. WHILE WE ARE CAPABLE OF AND INTEND TO FILL A VARIETY OF ROLES WITHIN THE AFFORDABLE HOUSING INDUSTRY. 75518 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 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 0 0 0 0 0 0 1 0 VA DC X MICHAEL P ALEXANDER 7036390122 12020 SUNRISE VALLEY DRIVE STE 100 RESTON VA 20191 X REVEREND R DAVID HALL PRESIDENT 0.15 X X 0 0 0 NIA W GANDY VICE-PRESIDENT 0.15 X X 0 0 0 MICHAEL ALEXANDER SECRETARY 1.00 2.00 X X 0 0 0 ROBERT CATALANOTTO TREASURER 0.15 X X 0 0 0 DAVID BRANDT DIRECTOR 0.15 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3015 3015 25 25 743 DEPRECIATION 75518 75518 78558 75518 3040 0 5939 5914 1866377 1790859 1872316 1796773 12880 15895 12880 15895 X 0 0 0 0 1859436 1780878 1859436 1780878 1872316 1796773 -78558 0 X 0 0 0 X 461767 484403 496734 355520 1798424 461767 484403 496734 355520 1798424 0 0 0 1798424 461767 484403 496734 355520 1798424 1.00000 0.00000 X 0 743 ASSET 2145143 743 LAND 92764 743 ACCUMULATED DEPRECIATION -447048 1790859 FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: NMI CDC IS FOCUSED ON BUILDING MODERN COMMUNITY SPACES OUT OF UNDERUTILIZED PROPERTY LOCATED IN DISADVANTAGED NEIGHBORHOODS. NEIGHBORHOODS IN HIGH POVERTY LOCATIONS SEVERELY LACK WELL SPONSORED COMMUNITY SPACES OPEN TO FOLKS LOOKING TO SELF-IMPROVE AND DEVELOP STRONGER BONDS WITH THEIR FAMILIES AND NEIGHBORS. OUR NEW SPACES PROVIDE A SAFE, MODERN AND WELL MANAGED LOCATION TO BRING RESOURCES AND PROGRAMS INTENDED TO GREATLY ENHANCE THE LIVES OF OUR NEIGHBORS. EXAMPLES OF OUR POSITIVE PROGRAMMING INCLUDE AFTER SCHOOL ENRICHMENT, SUMMER SCHOOL, ADULT LEARNING, SOCIAL CLUBS, SPORTS WATCH AND RESIDENT APPRECIATIONS (BIRTHDAYS, ANNIVERSARIES, FATHER'S DAY, MOTHER'S DAY, FOR EXAMPLE). NMI CDC WILL INITIALLY FOCUS ON COMMUNITY CENTER DEVELOPMENT IN NEIGHBORHOODS LOCATED NEAR PROPERTIES CURRENTLY OWNED AND MANAGED BY MR. ALEXANDER'S REAL ESTATE FIRM, NEW MARKET INVESTORS LLC. WE HAVE COMPLETED TWO COMMUNITY CENTERS TO DATE WITH THREE MORE UNDER PREDEVELOPMENT DESIGN AND BUDGETING. HOUSING PRESERVATION AND DEVELOPMENT NMI CDC IS DEDICATED TO PRESERVING AND CREATING AFFORDABLE HOUSING OPPORTUNITIES FOR LESS FORTUNATE FAMILIES. WHILE WE ARE CAPABLE OF AND INTEND TO FILL A VARIETY OF ROLES WITHIN THE AFFORDABLE HOUSING INDUSTRY, FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE REVIEWED BY THE SECRETARY FOR APPROVAL BEFORE FINALIZING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. WALBRAFF ASSOCIATES LP 11110 SUNSET HILL ROAD STE 9294 RESTON VA 20195 522184374 REAL ESTATE RENTALS VA NMI COMMUNITY DEVELOPMENT CORPORATION RELATED 0 0 0.99990 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0