2023-06-08T16:06:12-04:00 2022-12-31 341403315 KNUEVEN SCHROEDER & CO 1035 NORTH MAIN STREET FINDLAY OH 45840 990 2022-01-01 341823745 WEST CENTRAL PARTNERSHIP INC WEST 4198738322 955 COMMERCE DRIVE SUITE A PERRYSBURG OH 43551 CRAIG JONES PRESIDENT 4192220130 2023-05-24 true CRAIG JONES 888008888 false ANN E WOOLUM CPA P00054300 4194228111 2023-05-30 2022 2023-04-26 12:10:37Z ANCHOR LOAN SERVICES CRAIG JONES 955 COMMERCE DR PERRYSBURG OH 43551 443486 false X WWW.ANCHORSBA.COM X 1996 OH ADMINISTER THE UNITED STATES SMALL BUSINESS ADMINISTRATION'S 504 LOAN PROGRAM THROUGHOUT THE STATE OF OHIO, THE COUNTIES OF MONROE, LENAWEE, AND WASHTENAW IN MICHIGAN AND THE COUNTIES OF JAY, ALLEN, RANDOLPH, DEKALB AND STEUBEN IN INDIANA. 7 7 2 9 0 0 484515 443486 0 0 484515 443486 0 0 138686 146066 0 0 317408 326233 456094 472299 28421 -28813 62585 36956 2508 5692 60077 31264 X ADMINISTER THE UNITED STATES SMALL BUSINESS ADMINISTRATION'S 504 LOAN PROGRAM THROUGHOUT THE STATE OF OHIO, THE COUNTIES OF MONROE, LENAWEE, AND WASHTENAW IN MICHIGAN AND THE COUNTIES OF JAY, ALLEN, RANDOLPH, DEKALB AND STEUBEN IN INDIANA. false false 455992 443486 ADMINISTER OUTSTANDING SBA 504 LOAN PORTFOLIO. 6,356,000 LOANS APPROVED AND 10,331,000 LOANS CLOSED IN 2022. 455992 true false false false false false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 5 0 2 true false false false false false false false false X 7 7 false false true false false false false true true false false true true true true true true true false false OH X EUGENE BRUNSWICK 4198738322 955 COMMERCE DRIVE PERRYSBURG OH 43551 CRAIG JONES PRESIDENT 1.00 X X 0 0 0 EUGENE BRUNSWICK PRESIDENT/EX 5.00 X X 3320 0 0 BLAIR LANE SECRETARY 1.00 X X 0 0 0 ERIC MORMAN TREASURER 1.00 X X 0 0 0 JOHN BERGMAN BOARD MEMBER 1.00 X 0 0 0 JARED EBBING BOARD MEMBER 1.00 X 0 0 0 TYLER WEBB BOARD MEMBER 1.00 X 0 0 0 AARON MAASSEL BOARD MEMBER 1.00 X 0 0 0 MICHAEL PEPPLE BOARD MEMBER 1.00 X 0 0 0 3320 false false false WEST CENTRAL DEVELOPMENT CORP 955 COMMERCE DRIVE SUITE A PERRYSBURG OH 43551 LEASE ADMIN SER 272929 1 LOAN ADMINISTRATION INCOME 443486 443486 443486 443486 443486 X 3320 2988 332 120950 114315 6635 4938 4667 271 7371 7371 9487 7819 1668 7152 7152 9308 8377 931 177267 177267 6597 5937 660 16544 14890 1654 29032 26129 2903 7923 7131 792 4106 3695 411 LOAN CLOSING FEES 55220 55220 MARKETING 12734 12734 BANK CHARGES 300 300 LICENSES AND PERMITS 50 50 472299 455992 16307 0 60511 16658 2074 20298 62585 36956 2508 5692 2508 5692 X 60077 31264 60077 31264 62585 36956 -28813 X false true X true false X 12000 12000 346533 330327 444445 484515 443486 2049306 346533 330327 456445 484515 443486 2061306 2061306 346533 330327 456445 484515 443486 2061306 1.00000 1.00000 0.00000 0.00000 X X 443486 443486 443486 472299 472299 472299 SCHEDULE D, PAGE 3, PART X ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT OF THE PARTNERSHIP TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS EVALUATED INCOME TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2022 AND 2021, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. FORM 990 - ORGANIZATION'S MISSION ADMINISTER THE UNITED STATES SMALL BUSINESS ADMINISTRATION'S 504 LOAN PROGRAM THROUGHOUT THE STATE OF OHIO, THE COUNTIES OF MONROE, LENAWEE, AND WASHTENAW IN MICHIGAN AND THE COUNTIES OF JAY, ALLEN, RANDOLPH, DEKALB AND STEUBEN IN INDIANA. FORM 990, PAGE 6, PART VI, LINE 4 THE ORGANIZATION UPDATED THE BYLAWS THAT DECREASED THE NUMBER OF BOARD MEMBERS TO 7 FROM 9, AND A QUAORUM FROM 5 TO 4 MEMBERS. OTHER CHANGES INCLUDE THE REQUIREMENT THAT MEMBERS MUST LIVE IN THE STATE OF INCORPORATION. THE NEW BYLAWS REMOVED REQUIREMENT FOR LESS THAN 50% OF THE MEMBERS BE FROM COMMERCIAL LENDING AND BOARD MEMBERS ARE ALLOWED TO SERVE ON THE BOARDS OF OTHER BUSINESSES. FORM 990, PAGE 6, PART VI, LINE 11B UPON COMPLETION, AN ELECTRONIC COPY OF THE FORM 990 IS PROVIDED TO EACH OF THE BOARD MEMBERS FOR REVIEW WITH A REQUEST FOR COMMENTS BY A CERTAIN DEADLINE. AFTER THE REQUIRED DEADLINE HAS PASSED, ALL COMMENTS OR QUESTIONS ARE ADDRESSED WITH THE ENTIRE BOARD. UPON APPROVAL BY THE BOARD, THE FORM 990 IS SUBMITTED TO THE INTERNAL REVENUE SERVICE IN COMPLIANCE WITH FEDERAL AND BOARD REGULATIONS. FORM 990, PAGE 6, PART VI, LINE 12C ALL BOARD MEMBERS ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY UPON ACCEPTANCE TO THE BOARD OF DIRECTORS AS WELL AS ANNUALLY THEREAFTER. ANY CONFLICTS ARE REQUIRED TO BE DISCLOSED. FORM 990, PAGE 6, PART VI, LINE 15A EACH YEAR THE BOARD OF DIRECTORS REVIEWS THE EXECUTIVE DIRECTOR'S COMPENSATION BASED ON PERFORMANCE AND PROJECTED BUDGET FOR THE NEXT YEAR. CRITERIA FOR DISCUSSION OF THE EXECUTIVE DIRECTOR'S SALARY CHANGE INCLUDES OVERALL FINANCIAL STATUS OF THE ORGANIZATION, ANY CHANGES OR ADDITIONS IN JOB RESPONSIBILITIES OF THE EXECUTIVE DIRECTOR, AND THE PREVIOUS YEARS' PERFORMANCE. THE PROPOSED COMPENSATION IS THEN COMPARED TO INDUSTRY STUDIES FOR SIMILAR POSITIONS. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G LEASED EMPLOYEES 177,267 0 0