2022-01-11T12:10:21-06:00 2019-12-31 363168081 SIKICH LLP 274 WHITE POND DRIVE AKRON OH 443201118 990EZ 2019-04-29 834586449 GARDEN CITY DEVELOPMENT CORPORATION GARD 3306201630 2874 MOHAWK AVENUE AKRON OH 44312 BRIAN KUNKLER PRESIDENT 3306201630 2022-01-11 1 JILL M BOYLE CPA P01246734 3308646661 2022-01-03 2019 2022-09-23 18:48:47Z X X N/A X X 112760 X 85175 25055 2530 112760 500 4254 14752 19506 93254 0 0 93254 X 0 15459 0 68316 0 9500 0 93275 0 21 0 93254 X GARDEN CITY DEVELOPMENT CORPORATION EXISTS TO PROMOTE COMMUNITY ENGAGEMENT, NEIGHBORHOOD REVITALIZATION, AND HOME OWNERSHIP ON THE NEAR WEST SIDE OF AKRON. LAWN CARE INITIATIVE - TO PROMOTE ECONOMIC DEVELOPMENT IN AKRON, OHIO THROUGH A LAWN CARE INITIATIVE AIMED AT PROVIDING JOBS FOR UNDER PRIVILEGED COMMUNITY MEMBERS AND TO BEAUTIFY AKRON, OHIO AND SURROUNDING COMMUNITIES. 0 15715 LOW COST HOME RENTAL - TO PROMOTE ECONOMIC DEVELOPMENT IN AKRON, OHIO BY PROVIDING LOWER-COST HOME RENTAL OPPORTUNITIES FOR COMMUNITY MEMBERS AS WELL AS A PATH TO HOME OWNERSHIP 0 3791 19506 BRIAN KUNKLER PRESIDENT 1.00 0 0 0 BROCK KERTOY SECRETARY 1.00 0 0 0 JACOB KROSLAK TREASURER 1.00 0 0 0 KEMP BOYD TRUSTEE 1.00 0 0 0 VONTAIRE THOMAS TRUSTEE 1.00 0 0 0 DAVE THOMAS TRUSTEE 1.00 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 OH GEOFFREY ZION 316 MERRIMAN ROAD AKRON OH 44303 2164700306 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 85175 85175 85175 85175 85175 85175 27585 X PART II, SHORT YEAR EXPLANATION: THE ORGANIZATION BEGAN OPERATIONS IN APRIL OF 2019. AMOUNTS IN THE CURRENT 2019 COLUMN ARE FOR SHORT YEAR 04/29/19 - 12/31/19. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE DESCRIPTION: 123 BALCH STREET. AMOUNT: 2,530. TOTAL TO FORM 990-EZ, LINE 14: 3,791. FORM 990-EZ, PART I, LINE 14 DESCRIPTION: DEPRECIATION. AMOUNT: 696. DESCRIPTION: UTILITIES. AMOUNT: 2,099. DESCRIPTION: WASHER AND DRYER. AMOUNT: 996. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: BANK CHARGES. AMOUNT: 135. DESCRIPTION: EQUIPMENT. AMOUNT: 1,600. DESCRIPTION: FLOWERS. AMOUNT: 827. DESCRIPTION: FUEL. AMOUNT: 1,816. DESCRIPTION: GIFTS. AMOUNT: 200. DESCRIPTION: INSURANCE. AMOUNT: 3,901. DESCRIPTION: MEALS. AMOUNT: 340. DESCRIPTION: MISCELLANEOUS. AMOUNT: 154. DESCRIPTION: MULCH. AMOUNT: 2,308. DESCRIPTION: SOFTWARE LICENSE. AMOUNT: 21. DESCRIPTION: SUPPLIES. AMOUNT: 2,941. DESCRIPTION: TOPSOIL. AMOUNT: 285. DESCRIPTION: VEHICLE REGISTRATION. AMOUNT: 224. TOTAL TO FORM 990-EZ, LINE 16: 14,752. FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS DESCRIPTION: LOAN RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,000. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 8,500. FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES DESCRIPTION: CREDIT CARD PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 21. THE TAXPAYER IS LATE IN FILING FORM 990-EZ - SHORT FORM RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX. THE 2019 FILING YEAR WAS THE ORGANIZATION'S FIRST YEAR OPERATING AS A SMALL NON-PROFIT ORGANIZATION. THE ORGANIZATION DID NOT RECEIVE IRS ACCEPTANCE OF 501(C)(3) STATUS UNTIL JUNE 29, 2021 AND AS A RESULT THE FILING OF THE INITIAL 2019 990-EZ RETURN WAS LATE.AS WILL BE FURTHER EXPLAINED BELOW, WE DO NOT BELIEVE THAT ANY PENALTY SHOULD BE ASSESSED TO THE TAXPAYER AS THE LATE FILING WAS NOT A RESULT OF WILLFUL NEGLECT, AND ASSESSING THIS PENALTY WOULD IMPOSE UNDUE HARDSHIP ON "GARDEN CITY DEVELOPMENT CORPORATION". AS PROVIDED UNDER IRC SECTION 6652(C)(4), NO PENALTY WILL BE IMPOSED FOR LATE FILING IF THE TAXPAYER CAN DEMONSTRATE REASONABLE CAUSE AS TO HOW THE LATE FILING OCCURED. THE FOLLOWING STATEMENT OF REASONABLE CAUSE IS PRESENTED TO JUSTIFY THE POSITION THAT NO PENALTIES SHOULD BE ASSESSED IN THIS SITUATION FOR THE LATE FILING OF THE FORM 990-EZ.GARDEN CITY DEVELOPMENT CORPORATION IS A SMALL NONPROFIT CORPORATION (TAX EXEMPT UNDER IRC SECTION 501(C)(3)) WHOSE PRIMARY PURPOSE IS TO PROMOTE COMMUNITY ENGAGEMENT, NEIGHBORHOOD REVITALIZATION, AND HOME OWNERSHIP ON THE NEAR WEST SIDE OF AKRON.DURING 2019, GARDEN CITY DEVELOPMENT CORPORATION WAS IN THE PROCESS OF ESTABLISHING THEMSELVES AS A SMALL 501(C)(3) ORGANIZATION EFFECTIVE APRIL 29, 2019. GROSS RECEIPTS REQUIRED THE ORGANIZATION TO FILE A 990-EZ RETURN FOR THE 2019 FILING YEAR OF APRIL 29, 2019-DECEMBER 31, 2019. THE ORGANIZATION RECEIVED THEIR EXEMPTION DETERMINATION LETTER FROM THE IRS ON JUNE 29, 2021 SO THE RETURN WAS NOT FILED UNTIL AFTER THIS EXEMPTION STATUS WAS APPROVED.AS MENTIONED ABOVE, THE LATE FILING WAS CAUSED BY A DELAY IN IRS EXEMPTION STATUS APPROVAL AND THE ORGANIZATION BEING IN THEIR FIRST FEW YEARS OF OPERATION. THE ORGANIZATION INTENDS TO TIMELY FILE ALL FUTURE RETURNS.WE RESPECTFULLY REQUEST THAT YOU REMOVE THE LATE FILING PENALTY AS IT WOULD BE AGAINST EQUITY AND GOOD CONSCIENCE TO IMPOSE A PENALTY ON THIS SMALL TAX EXEMPT ORGANIZATION. FURTHERMORE, IT WAS NOT AN ACT OF DELIBERATE LATE FILING BUT WAS DUE TO DELAYS IN IRS ACCEPTANCE AND FIRST YEAR OPERATIONS OF A SMALL NON-PROFIT ORGANIZATION. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.