2026-05-14T11:15:45-05:00 2025-06-30 873707167 CBIZ ADVISORS LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2024-07-01 133808669 UPPER MANHATTAN EMPOWERMENT ZONE DEVELOPMENT CORPORATION UPPE 2124100030 55 WEST 125TH STREET 11TH FLOOR NEW YORK NY 10027 BLAIR M DUNCAN PRESIDENT & CEO 2124100030 2026-05-13 1 1 AARON FOX P01365820 2125038800 2026-03-30 2024 2025-03-06 01:10:19Z BLAIR M DUNCAN 55 WEST 125TH STREET 11TH FLOOR NEW YORK NY 10027 5407935 0 X WWW.UMEZ.ORG X 1995 NY UMEZ IS A NON-PROFIT COMMUNITY DEVELOPMENT FINANCING ENTITY THAT PROVIDES FLEXIBLE CAPITAL SOLUTIONS TO STRENGTHEN UNDER-RESOURCED COMMUNITIES IN UPPER MANHATTAN AND THE ENTIRE CITY OF NEW YORK, FACILITATING INCREASED JOB CREATION, CORPORATE ALLIANCES, STRATEGIC INVESTMENTS, AND SMALL BUSINESS ASSISTANCE. 15 15 16 15 0 0 1268608 413594 1037987 1091701 2622790 3628266 41457 274374 4970842 5407935 893981 882680 0 0 2348739 2431059 0 0 0 1525638 1672185 4768358 4985924 202484 422011 82891599 87217954 7158375 7566288 75733224 79651666 TO SUSTAIN THE ECONOMIC REVITALIZATION OF ALL COMMUNITIES IN UPPER MANHATTAN THROUGH JOB CREATION, CORPORATE ALLIANCES, STRATEGIC INVESTMENTS, AND SMALL BUSINESS ASSISTANCE. 0 0 4214071 882680 1366075 TO SUSTAIN THE ECONOMIC REVITALIZATION OF ALL COMMUNITIES IN UPPER MANHATTAN EMPOWERMENT ZONE THROUGH JOB CREATION, CORPORATE ALLIANCES, STRATEGIC INVESTMENTS AND SMALL BUSINESS ASSISTANCE. 4214071 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 20 0 1 16 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 NY X OLATUNDE ONIYIDE CFO 2124100030 55 WEST 125TH STREET 11TH FLOOR NEW YORK NY 10027 AMIR KIRKWOOD SECRETARY 5.00 X X 0 0 0 BRIANNA MCCLURE DIRECTOR 5.00 X 0 0 0 CHRISTOPHER BROWN DIRECTOR 5.00 X 0 0 0 DENNIS MITCHELL DIRECTOR 5.00 X 0 0 0 ELEAZAR BUENO DIRECTOR 5.00 X 0 0 0 HARRIET MICHEL DIRECTOR 5.00 2.00 X 0 0 0 JOSEPH J JOHNSON III CHAIRPERSON 5.00 X X 0 0 0 KEVIN CHAVERS DIRECTOR 5.00 X 0 0 0 MAURINE KNIGHTON VICE CHAIR 5.00 X X 0 0 0 MICHAEL SMART DIRECTOR 5.00 X 0 0 0 REEMA FAKIH DIRECTOR 5.00 X 0 0 0 REV GEORGIETTE MORGAN-THOMAS DIRECTOR 5.00 X 0 0 0 SABRINA STRATTON DIRECTOR 5.00 X 0 0 0 TERESA EYRING TREASURER 5.00 X X 0 0 0 XAVIER SANTIAGO DIRECTOR 5.00 X 0 0 0 BLAIR M DUNCAN CEO 37.50 X 570627 0 136663 OLATUNDE ONIYIDE CFO 37.50 X 168670 0 39411 GINA L BOLDEN-RIVERA SVP & CHIEF LEND. OFFICER 37.50 X 198774 0 15381 YAHSHAANYAH HILL SVP & CHIEF PROGAM OFFICER 37.50 X 179781 0 36684 DANESSY PICO DIRECTOR HR OPERATIONS 37.50 X 106774 0 29845 NICOLE E REINER SENIOR PROGRAM OFFICER 37.50 X 124601 0 10923 DANNETTE SULLIVAN-HYATT SENIOR LOAN ADMINISTRATOR 37.50 X 100443 0 8250 1449670 0 277157 7 0 1 0 0 413594 413594 INTEREST ON LOANS 523940 956951 956951 CLOSING FEES 523940 134750 134750 1091701 3628266 3628266 MISC INCOME 900099 274374 274374 274374 5407935 1366075 0 3628266 882680 882680 861702 706595 155107 1165681 1011969 153712 52908 48051 4857 189812 162973 26839 160956 136813 24143 205128 174359 30769 65085 65085 101044 101044 375881 319498 56383 39480 33558 5922 105893 89211 16682 440095 374081 66014 11740 9979 1761 34331 29181 5150 74239 54432 19807 592 503 89 62233 52898 9335 DUES AND SUBSCRIPTIONS 64640 54944 9696 EQUIPMENT PURCHASES 22924 19485 3439 ADMINISTRATIVE FEES 22856 16758 6098 EQUIPMENT RENTAL 16599 14109 2490 29425 21994 7431 4985924 4214071 771853 0 1500 1700 49289654 52289626 164273 93988 13873784 12469266 58870 95322 470094 469271 1415 823 18088137 21572163 1413966 695066 82891599 87217954 352062 450781 4620871 4207277 1000000 2300000 1185442 608230 7158375 7566288 X 75733224 79651666 75733224 79651666 82891599 87217954 X 422011 573809 2922622 X X 0 1 X 1 1 1 X 1839879 8122028 3890169 1268608 413594 15534278 1839879 8122028 3890169 1268608 413594 15534278 15534278 510446 449785 1118913 2622790 3527222 8229156 120932 276723 130588 41457 274373 844073 24607507 4669222 0.63130 0.75030 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISC INCOME - 2020 AMOUNT: $ 120,932. 2021 AMOUNT: $ 276,723. 2022 AMOUNT: $ 130,588. 2023 AMOUNT: $ 41,457. 2024 AMOUNT: $ 274,373. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 403430 403430 0 20289 20289 0 46375 45552 823 823 DEFFERED COMPENSATION 84450 LEASE LIABILITIES 523780 608230 X 5985101 573809 104401 678210 5306891 101044 101044 5407935 4884880 0 4884880 101044 101044 4985924 PART X, LINE 2: THE ORGANIZATION BELIEVES IT HAD NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2025 AND 2024 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION TOPIC 740 "INCOME TAXES", WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY REVENUE 104,401. 1 COMMUNITY IMPACT 2890 BROADWAY 105 EARL HALL MC 2010 NEW YORK NY 10027 133386904 501(C)(3) 25000 0 ERCB GRANT COMMUNITY LEAGUE OF THE HEIGHTS INC 500 WEST 159TH STREET NEW YORK NY 10032 132564241 501(C)(3) 25000 0 ERCB GRANT LOWER MANHATTAN CULTURAL COUMCIL 125 MAIDEN LANE 2ND FL NEW YORK NY 10038 237348782 501(C)(3) 354000 0 ART ENGAGEMENT PROGRAM MAYSLES INSTITUTE INC 343 LENOX AVENUE NEW YORK NY 10027 202545574 501(C)(3) 21239 0 CAPACITY GRANT NEW YORK URBAN LEAGUE INC 675 THIRD AVENUE SUITE 2221-30 NEW YORK NY 10017 131671035 501(C)(3) 25000 0 ERCB GRANT NORTHERN MANHATTAN ARTS ALLIANCE 4140 BROADWAY NEW YORK NY 10033 261997496 501(C)(3) 25000 0 ERCB GRANT STRIVE INTERNATIONAL INC 205 EAST 122ND STREET 3RD FLOOR NEW YORK NY 10035 133255679 501(C)(3) 25000 0 ERCB GRANT YOUTH ACTION PROGRAMS AND HOME INC 206 EAST 118TH STREET NEW YORK NY 10035 133203701 501(C)(3) 25000 0 CAPACITY GRANT APOLLO THEATRE FOUNDATION INC 233 W 125TH ST 3RD FLOOR NEW YORK NY 10027 133630066 501(C)(3) 175000 0 TO SUPPORT MAJOR CAPITAL COMPONENTS FOR APOLLO SOUNDSTAGE AND THE VICTORIA THEATERS. PUBLIC WORKS PARTNERS LLC 20 W 38TH ST NEW YORK NY 10018 273647604 SOLE PROPRIETOR 20000 0 TECHNICAL ASSISTANCE SUPPORT WORKFORCE WORKFORCE PROFESSION 218 WEST 40TH STREET 12 FLOOR NEW YORK NY 10018 203891493 501(C)(3) 15000 0 TECHNICAL ASSISTANCE SUPPORT WORKFORCE 10 1 PART I, LINE 2: UMEZ STAFF CONDUCTS COMPLIANCE SITE VISITS TO ENSURE THAT GRANT FUNDS ARE SPENT FOR THE PURPOSE FOR WHICH THEY WERE GIVEN. IT IS ALSO A REQUIREMENT THAT GRANTEES SUBMIT REPORTS ON THEIR ACTIVITIES. THESE REPORTS ARE COLLECTED AND REVIEWED BY UMEZ STAFF TO ENSURE COMPLIANCE WITH GRANT DOCUMENTS. X X X 0 1 0 0 0 0 0 0 0 BLAIR M DUNCAN CEO 319989 0 0 0 250638 0 96040 0 40623 0 707290 0 249358 0 YAHSHAANYAH HILL SVP & CHIEF PROGAM OFFICER 179335 0 0 0 446 0 8954 0 27730 0 216465 0 0 0 GINA L BOLDEN-RIVERA SVP & CHIEF LEND. OFFICER 196224 0 0 0 2550 0 9516 0 5865 0 214155 0 0 0 OLATUNDE ONIYIDE CFO 164676 0 0 0 3994 0 7800 0 31611 0 208081 0 0 0 PART I, LINE 4B ON ABOUT JULY 01, 2018, THE BOARD OF DIRECTORS ADOPTED A NONQUALIFIED DEFERRED COMPENSATION PLAN MEETING THE REQUIREMENTS OF SECTION 457(F) OF THE INTERNAL REVENUE CODE (THE "PLAN"). THE BOARD OF DIRECTORS AUTHORIZED BLAIR DUNCAN'S PARTICIPATION IN THE PLAN EFFECTIVE JULY 1, 2018. CONTRIBUTIONS TO THE PLAN AND ACCRUALS OF EARNINGS IN RESPECT THEREOF, WERE MADE ACCORDINGLY FROM THAT POINT FORWARD IN ACCORDANCE WITH THE TERMS OF THE PLAN. MR. DUNCAN HAS PROVIDED SERVICES CONTINUOUSLY TO THE CORPORATION AS CEO SINCE JULY 1, 2018. THE CURRENT CEO (BLAIR DUNCAN) PARTICIPATES IN A NONQUALIFIED DEFERRED COMPENSATION PLAN MEETING THE REQUIREMENTS OF SECTION 457(F) OF THE INTERNAL REVENUE SERVICE. THE CURRENT YEAR CONTRIBUTION UNDER THE PLAN WAS $80,000 AND IT IS INCLUDED IN PART II COLUMN (C). THE CURRENT YEAR PAYOUT WAS $249,358 AND IT IS INCLUDED IN PART II COLUMN B(III) AND COLUMN (F). FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT. THE RETURN IS REVIEWED BY THE AUDIT COMMITTEE AND DISTRIBUTED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL STAFF AND BOARD MEMBERS ARE REQUIRED TO SIGN AN ANNUAL DISCLOSURE FORM. THE FORMS ARE REVIEWED AND CONFLICTS, IF ANY, ARE ADDRESSED. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS WHICH IS COMPRISED OF INDEPENDENT DIRECTORS REVIEWS COMPARABLE DATA PREPARED BY AN INDEPENDENT CONSULTANT. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST AND THROUGH THE OFFICE OF THE NEW YORK STATE ATTORNEY GENERAL. FORM 990, PART XI, LINE 9: NET ASSETS TRANSFERRED FROM AN AFFILIATE ENTITY BUSINESS 2,922,622. RESOURCE AND INVESTMENT SERVICE CENTER FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. BUSINESS RESOURCE AND INVESTMENT SERVICE CENTER INC 55 WEST 125TH STREET 11TH FLOOR NEW YORK NY 10027 133925609 PROVIDES FINANCIAL ASSISTANCE TO ELIGIBLE BUSINESSES NY 501(C)(3) LINE 7 UPPER MANHATTON EMPOWERMENT ZONE DEV CORP 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 BUSINESS RESOURCE AND INVESTMENT SERVICE CENTER INC S 2922622 FMV