2024-03-21T11:05:29-05:00 2023-06-30 873707167 CBIZ MARKS PANETH LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2022-07-01 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 2024-03-19 1 BLAIR DUNCAN 999009999 0 MAGDALENA CZERNIAWSKI P00535099 2125038800 2024-03-19 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BLAIR M DUNCAN 55 WEST 125TH STREET 11TH FLOOR NEW YORK NY 10027 5950446 0 X WWW.UMEZ.ORG X 1995 NY TO SUSTAIN THE ECONOMIC REVITALIZATION OF ALL COMMUNITIES IN UPPER MANHATTAN. 15 15 20 15 0 0 8122028 3890169 765077 810776 449785 1118913 276723 130588 9613613 5950446 2523148 2006705 0 0 2117445 2116810 0 0 0 2221573 1095884 6862166 5219399 2751447 731047 79925047 79521172 8684187 6318484 71240860 73202688 TO SUSTAIN THE ECONOMIC REVITALIZATION OF ALL COMMUNITIES IN UPPER MANHATTAN THROUGH JOB CREATION, CORPORATE ALLIANCES, STRATEGIC INVESTMENTS, AND SMALL BUSINESS ASSISTANCE. 0 0 4622576 2006705 941364 TO SUSTAIN THE ECONOMIC REVITALIZATION OF ALL COMMUNITIES IN UPPER MANHATTAN THROUGH JOB CREATION, CORPORATE ALLIANCES, STRATEGIC INVESTMENTS, AND SMALL BUSINESS ASSISTANCE. 4622576 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 1 0 0 1 20 0 1 20 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 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 LISA DOWNING DIRECTOR 5.00 2.00 X 0 0 0 MAURINE KNIGHTON VICE CHAIR 5.00 X X 0 0 0 MICHAEL SMART DIRECTOR 5.00 X 0 0 0 NIKISHA ALCINDOR DIRECTOR (OUTGOING) 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 2.00 X 302823 0 94111 GAFFAR MOHAMED CFO (OUTGOING) 37.50 2.00 X 105417 0 22177 OLATUNDE ONIYIDE CFO 37.50 2.00 X 108583 0 22661 GINA L BOLDEN- RIVERA SVP & CHIEF LENDING OFFICER 37.50 2.00 X 175310 0 15003 VERDERY ROOSEVELT SVP, CULTURAL AFFAIRS 37.50 X 175812 0 21692 WILLIAM J KING SVP (OUTGOING) 37.50 X 140332 0 10136 YAHSHAANYAH HILL SVP, WORKFORCE OPPORTUNITY 37.50 X 151870 0 13310 1160147 0 199090 7 0 1 0 0 3890169 3890169 INTEREST ON LOANS 523940 810276 810276 CLOSING FEES 523940 500 500 810776 1118913 1118913 MISC INCOME 900099 130588 130588 130588 5950446 941364 0 1118913 2006705 2006705 576061 472381 103680 1110500 942759 167741 47238 40895 6343 249683 214221 35462 133328 113329 19999 38113 32396 5717 60000 60000 294997 223542 71455 43946 37354 6592 105606 84609 20997 361858 293890 67968 12470 10430 2040 5871 4911 960 257 227 30 3191 2713 478 43018 36565 6453 DUES AND SUBSCRIPTIONS 71498 59271 12227 EQUIPMENT PURCHASES 21885 17811 4074 EQUIPMENT RENTAL 14474 12303 2171 EVENTS 8100 7155 945 10600 9109 1491 5219399 4622576 596823 0 1500 1500 52134411 46072077 28552 73539 10574368 13687488 70213 55891 470094 466274 6423 3820 16934600 18045032 174980 1581825 79925047 79521172 148951 249142 8465202 4536033 70034 1533309 8684187 6318484 X 71240860 73202688 71240860 73202688 79925047 79521172 731047 1230781 0 X X 0 1 X 1 1 1 X 10499826 4532439 1839879 8122028 3890169 28884341 10499826 4532439 1839879 8122028 3890169 28884341 28884341 734198 954001 510446 449785 1118913 3767343 115674 314341 120932 276723 130588 958258 33609942 4910687 0.85940 0.89490 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISC INCOME - 2018 AMOUNT: $ 44. 2019 AMOUNT: $ 18,046. 2020 AMOUNT: $ 120,932. 2021 AMOUNT: $ 276,723. 2022 AMOUNT: $ 130,588. SERVICE FEES - HCDC ADMIN REVENUE - 2018 AMOUNT: $ 25,000. 2019 AMOUNT: $ 50,000. FORGIVABLE LOAN RECOGNIZED - 2018 AMOUNT: $ 90,630. 2019 AMOUNT: $ 246,045. APPLICATION FEES - 2019 AMOUNT: $ 250. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 403430 403430 0 20289 20289 0 46375 42555 3820 3820 DEFFERED COMPENSATION 154291 LEASE LIABILITIES 1340592 DUE TO AFFILIATES 38426 1533309 X 7337441 1230781 156214 1386995 5950446 0 5950446 5219603 204 204 5219399 0 5219399 PART X, LINE 2: THE ORGANIZATION BELIEVES IT HAD NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023 AND 2022 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'S REVENUE 634,485. CONSOLIDATED ELIMINATION -478,271. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY'S EXPENSES 478,475. CONSOLIDATING ELIMINATIONS -478,271. 1 AFRO-LATIN JAZZ ALLIANCE MALCOM X BLVD SUITE 205 NEW YORK NY 10037 453665976 501(C)(3) 31500 0 BOARD DEVELOPMENT INITIATIVE & STRATEGIC ACTIVITIES AMIGOS DEL MUSEO BARRIO INC DBA EL MUSEO DEL BARRIO 1230 FIFTH AVENUE NEW YORK NY 10029 237156720 501(C)(3) 10000 0 COVID-19 PANDEMIC GRANT FOR PROGRAMMING & NON-PERSONNEL EXPENSES BRISC FY22 ADMIN GRANT Q1 2 3 &4 55 WEST 125TH STREET 11FL NEW YORK NY 10027 133925609 501(C)(3) 478271 0 TO COVER ADMINISTRATION EXPENSES CLASSICAL THEATRE OF HARLEM 1850 AMSTERDAM AVENUE NEW YORK NY 10031 134046782 501(C)(3) 42000 0 COVID-19 PANDEMIC GRANT FOR PROGRAMMING,SALARIES, & NON-PERSONNEL EXPENSES DANCE THEATHRE OF HARLEM 466 WEST 152ND STREET NEW YORK NY 10031 132642091 501(C)(3) 10000 0 COVID-19 PANDEMIC GRANT FOR PROGRAMMING,SALARIES, & NON-PERSONNEL EXPENSES E MONTE MOTION INC DBA EMERGE 125 8 WEST 126TH STREET 3RD FL NEW YORK NY 10027 133096579 501(C)(3) 30000 0 COVID-19 PANDEMIC GRANT TO SUPPORT PAYROLL EXPENSE & FINANCE SOFTWARE ENVOIE PROJECT LLC 200 PARK AVENUE SUITE 1700 NEW YORK NY 10166 852755633 35670 0 TECHNICAL ASSISTANCE CONSULTANCY FOR REDEVELOPMENT PROJECT FIRELIGHT MEDIA INC 72 HAMILTON TERRACE NEW YORK NY 10031 113489379 501(C)(3) 168760 0 CAPACITY GRANT FORCES OF NATUREINC 521 W 126TH STREET NEW YORK NY 10027 133147087 501(C)(3) 32500 0 TO SUPPORT PARTIAL SALARY EXPENSE & DEVELOPMENT , NON-PERSONNEL EXPENSE HARLEM ARTS ALLIANCE INC 229 WEST 135TH STREET FRONT 1 NEW YORK NY 10030 470873119 501(C)(3) 10000 0 COVID-19 PANDEMIC GRANT FOR PROGRAMMING,SALARIES, & NON-PERSONNEL EXPENSES HARLEM BUSINESS ALLIANCE 275 LENOX AVENUE NEW YORK NY 10027 474107008 27250 0 MICROLOAN OUTREACH & TECHNICAL ASSISTANCE HARLEM SCHOOL OF THE ARTS 645 ST NICHOLAS AVENUE NEW YORK NY 10030 132552500 501(C)(3) 10000 0 COVID-19 PANDEMIC GRANT TO SUPPORT HEALTH & LIABILITY INSURANCE & ACCOUNTING COSTS HARLEM STAGE 150 CONVENT AVENUE NEW YORK NY 10031 133166308 501(C)(3) 40000 0 COVID-19 PANDEMIC GRANT TO SUPPORT IMPLEMENTATION OF STRATEGIC PLAN, SALARY, &NON-PERSONNEL EXPENSE HIP-HOP THEATER FESTIVAL (HI-ARTS) 215 EAST 99TH STREET NEW YORK NY 10029 421642691 501(C)(3) 60000 0 CAPACITY BUILDING INITIATIVE GRANT&COVID-19 PANDEMIC GRANT FOR PROGRAMMING,SALARIES, & NON-PERSONNEL EXPENSES JAZZMOBILE INC 163 W 125 STREET SUITE 906 NEW YORK NY 10027 132614483 501(C)(3) 25000 0 COVID-19 PANDEMIC GRANT TO SUPPORT PAYROLL EXPENSE JOSE LIMON DANCE FOUNDATION 466 WEST 152ND STREET NEW YORK NY 10031 237012069 501(C)(3) 25000 0 COVID-19 PANDEMIC GRANT FOR PROGRAMMING,SALARIES, & NON-PERSONNEL EXPENSES LOWER MANHATTAN CULTURAL COUMCIL 125 MAIDEN LANE 2ND FL NEW YORK NY 10038 237348782 501(C)(3) 350800 0 ART ENGAGEMENT PROGRAM MAMA FOUNDATION FOR THE ARTS INC 149 WEST 126TH STREET NEW YORK NY 10027 311614732 501(C)(3) 25000 0 COVID-19 PANDEMIC GRANT FOR PROGRAMMING,SALARIES, & NON-PERSONNEL EXPENSES MAYSLES INSTITUTE INC 343 LENOX AVENUE NEW YORK NY 10027 202545574 501(C)(3) 84000 0 CAPACITY BUILDING GRANT MELISSA SANDOR INC 352 VAN BRUNDT STREET 3RD FL NEW YORK NY 11231 203786381 30000 0 TECHNICAL ASSISTANMCE CONSULTANCY W/ HARLEM CHAMBER PLAYER MORRIS-JUMEL MANSION 65 JUMEL TERRACE NEW YORK NY 10032 132800646 501(C)(3) 32500 0 COVID-19 PANDEMIC GRANT TO SUPPORT IMPLEMENTATION OF STRATEGIC PLAN, SALARY, &NON-PERSONNEL EXPENSE MUSEUM FOR AFRICAN ART 2196 THIRD AVENUE UNIT10025 NEW YORK NY 10035 133137461 501(C)(3) 10000 0 TO FUND TAC DIRECTOR OF OPERATION MUSEUM OF THE CITY OF NEW YORK INC 1220 FIFTH AVENUE NEW YORK NY 10029 131624098 501(C)(3) 28382 0 CAPACITY BUILDING GRANT NATIONAL BLACK PROGRAM CONSORTIUM EIGHT WEST 126TH STREET SUITE 0D3117 NEW YORK NY 10027 311335950 15000 0 COVID-19 PANDEMIC GRANT TO SUPPORT IMPLEMENTATION OF STRATEGIC PLAN, SALARY, &NON-PERSONNEL EXPENSE NORTHERN MANHATTAN ARTS ALLIANCE 4140 BROADWAY NEW YORK NY 10033 261997496 501(C)(3) 32500 0 COVID-19 PANDEMIC GRANT TO SUPPORT IMPLEMENTATION OF STRATEGIC PLAN, SALARY, &NON-PERSONNEL EXPENSE PEOPLE'S THEATER PROJECT INC 3135 JOHNSON AVENUE BRONX NY 10463 264705999 37500 0 COVID-19 PANDEMIC GRANT FOR PROGRAMMING,SALARIES, & NON-PERSONNEL EXPENSES PER SCHOLAS INC 804 E 138TH STREET 2 BRONX NY 10454 043252955 501(C)(3) 95322 0 TECHNOLOGY SECTOR EMPLOYMENT INITIATIVE SUGAR HILL CHILDREN'S MUSEUM OF ART & STORYTELLING 898 ST NICHOLAS AVENUE 155TH STREET NEW YORK NY 10032 465412811 501(C)(3) 18750 0 COVID-19 PANDEMIC GRANT TO SUPPORT IMPLEMENTATION OF STRATEGIC PLAN, SALARY, &NON-PERSONNEL EXPENSE THE FUTURO MEDIA GROUP 361 WEST 125TH STREET 6TH FL NEW YORK NY 10027 272077349 501(C)(3) 10000 0 COVID-19 PANDEMIC GRANT TO SUPPORT NON-PERSONNEL PROGRAM EXPENSE THE NATIONAL JAZZ MUSEUM IN HARLEM 58 WEST 129TH STREET GROUND FLOOR NEW YORK NY 10027 133853627 501(C)(3) 35000 0 COVID-19 PANDEMIC GRANT TO SUPPORT CONSULTANT FEES, SALARY, & NON-PERSONNEL EXPENSE THE STUDIO MUSEUM IN HARLEM 310 LENOX AVENUE 3RD FL NEW YORK NY 10027 132590805 501(C)(3) 10000 0 COVID-19 PANDEMIC GRANT FOR PROGRAMMING,SALARIES, & NON-PERSONNEL EXPENSES VISUAL ARTS RESEARCH 120 EAST 125TH STREET NEW YORK NY 10035 133054001 501(C)(3) 50000 0 COVID-19 PANDEMIC GRANT TO SUPPORT CONSULTANT DIGITAL EMPOWERMENT & ARTISTS RETENTION PROJECT 27 5 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 301635 0 0 0 1188 0 52750 0 41361 0 396934 0 0 0 VERDERY ROOSEVELT SVP, CULTURAL AFFAIRS 171961 0 0 0 3851 0 8005 0 13687 0 197504 0 0 0 GINA L BOLDEN- RIVERA SVP & CHIEF LENDING OFFICER 172936 0 0 0 2374 0 8029 0 6974 0 190313 0 0 0 YAHSHAANYAH HILL SVP, WORKFORCE OPPORTUNITY 151579 0 0 0 291 0 6769 0 6541 0 165180 0 0 0 WILLIAM J KING SVP (OUTGOING) 140182 0 0 0 150 0 0 0 10136 0 150468 0 0 0 PART I, LINE 4B 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 $37,500 AND IT IS INCLUDED IN PART II COLUMN (C). 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. 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 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 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 BUSINESS RESOURCE & INVESTMENT SERVICE CENTER INC B 478271 FMV