2023-03-28T15:09:13-05:00 2022-09-30 382029668 GJC CPA'S & ADVISORS 535 GRISWOLD STREET SUITE 1200 DETROIT MI 482263689 990 2021-10-01 262310566 M-1 RAIL M-1R 3135283044 7520 WOODWARD AVENUE DETROIT MI 482022807 KENNETH DILAURA CHIEF FINANCIAL OFFICER 3135283044 2023-03-28 1 KENNETH DILAURA 999009999 MICHAEL R NICHOLAS P00966144 3139652655 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z MATTHEW P CULLEN 7520 WOODWARD AVENUE DETROIT MI 482022807 7448768 0 X QLINEDETROIT.COM X 2007 MI TO PLAN, DESIGN, CONSTRUCT, EQUIP, FURNISH, AND OPERATE A PUBLIC TRANSPORTATION SYSTEM 14 12 0 4 0 0 11397675 7346808 0 0 292136 98160 0 3800 11689811 7448768 0 0 0 0 1345482 3125997 0 0 151115 6290608 36541385 7636090 39667382 4053721 -32218614 97362094 64388109 6149091 5393720 91213003 58994389 TO PLAN, DESIGN, CONSTRUCT, EQUIP, FURNISH, AND OPERATE, FOR ITSELF OR BY CONTRACT, A PUBLIC TRANSPORTATION SYSTEM 0 0 38819460 TO OPERATE AND MAINTAIN A STREET RAILWAY, AS ENABLED BY LEGISLATION ADVANCED BY THE STATE OF MICHIGAN. 38819460 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 1 31 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 12 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MI X KENNETH DILAURA 3135283044 7520 WOODWARD AVENUE DETROIT MI 482022807 X ROGER S PENSKE CHAIR AND DIRECTOR 1.00 1.00 X X 0 0 0 DANIEL B GILBERT VICE-CHAIR AND DIRECTOR 1.00 1.00 X X 0 0 0 DARRELL BURKS TREASURER AND DIRECTOR 1.00 X X 0 0 0 DAVID BLASZKIEWICZ SECRETARY AND DIRECTOR 1.00 1.00 X X 0 0 0 MATTHEW P CULLEN CHIEF EXECUTIVE OFFICER AND DIRECTOR 1.00 1.00 X X 0 0 0 GEORGE W JACKSON JR DIRECTOR 1.00 1.00 X 0 0 0 KEVIN JOHNSON DIRECTOR 1.00 1.00 X 0 0 0 ERIC B LARSON DIRECTOR 1.00 X 0 0 0 SARAH MCCLELLAND DIRECTOR 1.00 X 0 0 0 MICHAEL MCLAUCHLAN DIRECTOR 1.00 X 0 0 0 SUSAN MOSEY DIRECTOR 1.00 X 0 0 0 FAYE ALEXANDER NELSON DIRECTOR 1.00 X 0 0 0 RICHARD RAPSON DIRECTOR 1.00 1.00 X 0 0 0 ROBERT G RINEY DIRECTOR 1.00 X 0 0 0 LISA NUSZKEWSKI PRESIDENT, C.O.O., AND ASST. SEC. 20.00 20.00 X 0 0 0 KENNETH DILAURA VICE-PRESIDENT AND C.F.O. 20.00 20.00 X 0 0 0 PAUL TRULIK ASSISTANT TREASURER 1.00 1.00 X 0 0 0 0 0 0 0 0 0 0 BROOKVILLE 4 SOUTH PICKERING PO BOX 353 BROOKVILLE PA 158251216 STREETCAR MAINTENANCE 1159468 APPARATUS SOLUTIONS INC 600 RENAISSANCE CENTER DETROIT MI 482431502 ACCOUNTING SERVICES 369628 RAUHORN ELECTRONIC 14140 33 MILE ROAD BRUCE TOWNSHIP MI 480653939 ELECTRICAL REPAIR SERVICES 279734 DYKEMA GOSSETT PLLC 400 RENAISSANCE CENTER DETROIT MI 482431502 LEGAL SERVICES 199671 RNA FACILITIES MANAGEMENT 1357 WHITEFIELD STREET DEARBORN HEIGHTS MI 481273418 JANITORIAL SERVICES 197976 12 X 5256121 2090687 65000 7346808 98160 98160 3800 3800 3800 7448768 0 0 101960 23948 21688 2260 2562427 2320581 241846 332344 304052 27463 829 207278 188050 19228 257483 218860 25749 12874 421439 358223 42144 21072 30000 30000 164222 72415 85948 5859 256432 217967 25643 12822 62687 58831 2571 1285 520298 512578 5147 2573 310194 263665 31019 15510 7284 6191 728 365 105582 89745 10558 5279 84428 84428 936756 796243 93676 46837 FORGIVENESS OF DEBT 29210480 29210480 RAIL OPERATIONS 2703092 2703092 ORDINANCE ENFORCEMENT 679853 679853 PROJECT DEVELOPMENT 464311 394664 46431 23216 326844 317854 6396 2594 39667382 38819460 696807 151115 7584903 4510166 168613 172274 5404984 4335219 5000000 5000000 29210480 81609 96547 1126356 121786 456102 1004570 49455403 49269333 97362094 64388109 638437 695195 112475 112475 5398179 4586050 6149091 5393720 X 91213003 58994389 91213003 58994389 97362094 64388109 -32218614 0 X 0 1 X 1 0 X 4613296 6800032 11679753 11397675 7346808 41837564 4613296 6800032 11679753 11397675 7346808 41837564 20372678 21464886 292686 292860 292886 292136 98160 1268728 1698 2082 6736 3800 14316 43120608 1374716 0.49780 0.42410 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2017 AMOUNT: $ 1,698. 2018 AMOUNT: $ 2,082. 2019 AMOUNT: $ 6,736. 2021 AMOUNT: $ 3,800. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 30000 0 0 30000 0 1061356 114203 947153 65000 7583 57417 1004570 ADVANCE TO AFFILIATE 49269333 49269333 X PART X, LINE 2: M-1 RAIL IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS A PUBLICLY SUPPORTED ORGANIZATION UNDER IRC SECTION 509(A)(1). M-2 RAIL IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF IRC AND IS CLASSIFIED AS A TYPE 2 SUPPORTING ORGANIZATION TO M-1 RAIL UNDER IRC SECTION 509(A)(3). ALTHOUGH M-1 RAIL AND M-2 RAIL WERE GRANTED INCOME TAX EXEMPTION BY THE INTERNAL REVENUE SERVICE, SUCH EXEMPTION DOES NOT APPLY TO "UNRELATED BUSINESS TAXABLE INCOME." M-3 RAIL AND M-1 RAIL TOWING ARE DOMESTIC FOR-PROFIT LLC'S THAT ARE WHOLLY OWNED BY M-1 RAIL. M-3 RAIL AND M-1 RAIL TOWING ARE DISREGARDED ENTITIES FOR TAX PURPOSES. AT SEPTEMBER 30, 2022 AND 2021, THE ORGANIZATION HAS DETERMINED THAT NO UNRELATED BUSINESS INCOME TAXES ARE DUE FOR ITS ACTIVITIES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. MANAGEMENT ANNUALLY REVIEWS ITS TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO SEPTEMBER 30, 2017. PAUL TRULIK PRESIDENT OF APPARATUS SOLUTIONS, INC. AND ASSISTANT TREASURER OF M-1 RAIL 213908 APPARATUS SOLUTIONS, INC. PROVIDES ACCOUNTING SERVICES TO M-1 RAIL 0 X 1 65000 FAIR VALUE 0 0 0 0 PART I, COLUMN (B): COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION A, LINE 2 VARIOUS DIRECTORS AND OFFICERS SERVE TOGETHER ON THE BOARDS OF VARIOUS OTHER NON-PROFIT ORGANIZATIONS IN THE METROPOLITAN DETROIT AREA, INCLUDING M-2 RAIL, A SUPPORTING ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HIRED A PUBLIC ACCOUNTING FIRM TO PREPARE FORM 990. THE CHIEF FINANCIAL OFFICER REVIEWED THE RETURN PRIOR TO DISTRIBUTING A DRAFT COPY TO THE TREASURER (WHO IS A BOARD MEMBER) AND AUDIT AND FINANCE COMMITTEE MEMBERS FOR THEIR REVIEW. COMMENTS FROM THESE INDIVIDUALS WERE REVIEWED AND APPROPRIATELY INCORPORATED INTO THE FINAL FORM 990 THAT WAS FILED. A FINAL COPY OF FORM 990 WAS PROVIDED TO EACH BOARD MEMBER VIA E-MAIL PRIOR TO FILING FOR THEIR INFORMATION. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS PRESENTED TO THE APPLICABLE PARTIES ANNUALLY. IN ADDITION, DIRECTORS AND OFFICERS SIGN AN ACKNOWLEDGEMENT STATEMENT AND PROVIDE INFORMATION REGARDING POTENTIAL CONFLICTS OF INTEREST ON THE ANNUAL FORM. MANAGEMENT REVIEWS THE DISCLOSURES AND FOLLOWS UP, IF NECESSARY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PARTS VIII AND IX - DONATED SERVICES: M-1 RAIL RECEIVED DONATED SERVICES FOR THE YEAR TOTALING $210,891. THESE AMOUNTS ARE NOT INCLUDED IN REVENUE ON PART VIII OF FORM 990 OR IN EXPENSES ON PART IX OF FORM 990. M-3 RAIL 7520 WOODWARD AVENUE DETROIT MI 482022807 853357368 EMPLOYER OF PUBLIC TRANSPORTATION SYSTEM OPERATING PERSONNEL MI 0 32682 M-1 RAIL M-1 RAIL TOWING LLC 7520 WOODWARD AVENUE DETROIT MI 482022807 802779520 OWNS A TOW TRUCK USED BY M-1 RAIL IN ITS OPERATIONS MI 65000 57417 M-1 RAIL M-2 RAIL 7520 WOODWARD AVENUE DETROIT MI 482022807 300783442 DEVELOP PUBLIC TRANSPORTATION SYSTEM MI 501(C)(3) LINE 12B, II M-1 RAIL 1 0 0 0 1 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 M-2 RAIL K 507500 AMOUNT PAID M-2 RAIL D 186070 LOAN REPAYMENT