2021-08-18T16:28:58-05:00 2020-12-31 760488832 MCCONNELL & JONES LLP 4828 LOOP CENTRAL DRIVE SUITE 1000 HOUSTON TX 77081 990 2020-01-01 760288037 FIFTH WARD COMMUNITY REDEVELOPMENT CORPORATION FIFT 7136740175 4300 LYONS AVENUE SUITE 300 HOUSTON TX 77020 KATHY FLANAGAN-PAYTON PRESIDENT/CEO 7136740175 2021-08-13 1 KATHY FLANAGAN-PAYTON XXX-XX-XXXX THOMAS JONES P00181555 7139681600 2021-08-13 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z KATHY FLANAGAN-PAYTON 4300 LYONS AVENUE SUITE 300 HOUSTON TX 77020 5669500 0 X WWW.FIFTHWARDCRC.ORG X 1989 TX FIFTH WARD CRC CATALYZES RESOURCES TO BUILD AND PRESERVE AN INCLUSIVE 5TH WARD COMMUNITY BY DEVELOPING PLACES AND OPPORTUNITIES FOR PEOPLE TO LIVE, WORK AND PLAY. 13 13 22 500 0 0 1813091 3400415 1024474 1795526 11570 4278 -34042 -33048 2815093 5167171 2391017 1315156 0 0 878437 1124484 0 0 75000 1420430 2170977 4689884 4610617 -1874791 556554 15142024 10704017 10400747 5406186 4741277 5297831 FIFTH WARD CRC CATALYZES RESOURCES TO BUILD AND PRESERVE AN INCLUSIVE 5TH WARD COMMUNITY BY DEVELOPING PLACES AND OPPORTUNITIES FOR PEOPLE TO LIVE, WORK AND PLAY. 0 0 4083427 1315156 1807788 FIFTH WARD CRC IS A COMPREHENSIVE REDEVELOPMENT CORPORATION THAT CONCENTRATES ITS WORK IN THE IMPOVERISHED 5TH WARD COMMUNITY AND SURROUNDING COMMUNITIES, MEETING THE NEEDS OF THE TRADITIONALLY UNDERSERVED RESIDENTS THROUGH ITS PRIMARY LINES OF BUSINESS AND PROGRAMS. THESE CORE LINES OF BUSINESS AND PROGRAMS ARE FOCUSED IN AFFORDABLE HOUSING, DISASTER RECOVERY, PUBLIC SAFETY AND JUVENILE JUSTICE, ART AND CULTURE, ECONOMIC REVITALIZATION, COMMERCIAL DEVELOPMENT, AND OTHER PROGRAMS DESIGNED TO IMPROVE THE QUALITY OF LIFE FOR LOW AND MODERATE INCOME FAMILIES. 4083427 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 52 0 1 22 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X KATHY F PAYTON 7136740175 4300 LYONS AVENUE HOUSTON TX 77020 CHARLES E TURNER CHAIRMAN 2.00 X 0 0 0 BRIDGETTE STEELE VICE CHAIR 2.00 X 0 0 0 BOB EURY TRUSTEE 2.00 X 0 0 0 TED HAMILTON TRUSTEE 2.00 X 0 0 0 APRIL DANIEL TRUSTEE 2.00 X 0 0 0 TYRUS BRAILEY TRUSTEE 2.00 X 0 0 0 MARCUS VASQUEZ TRUSTEE 2.00 X 0 0 0 GAYILA BOLDEN TRUSTEE 2.00 X 0 0 0 BRIDGETTE DORIAN TRUSTEE 2.00 X 0 0 0 ANN TAYLOR TRUSTEE 2.00 X 0 0 0 SHELBY SEKALY TRUSTEE 2.00 X 0 0 0 HARVEY CLEMONS JR CHAIR EMERITUS 2.00 X 0 0 0 WILEY HENRY FOUNDER 2.00 X 0 0 0 KATHY FLANAGAN-PAYTON PRESIDENT/CEO 40.00 X 139658 0 0 139658 0 0 1 0 0 0 HORIZON GROUP INTERNATIONAL 4204 BELLAIRE BLVD HOUSTON TX 77024 REPAIR/REHAB 1369695 VAN METER WILLIAMS POLLACK LLP 1738 WYNKOOP ST STE 203 DENVER CO 80202 ARCHITECTURE/DESIGN 326608 SRRE DEVELOPERS & BUILDERS LLC 3300 LYONS STE 101-F HOUSTON TX 77020 BUILDER 291823 DURAPRO CONSTRUCTION LLC 12811 SUFFOLK CHASE LN HOUSTON TX 77077 BUILDER 233325 DOWAYNE MOUTON 7618 PARKER ROAD HOUSTON TX 77016 REPAIR/REHAB 131559 7 3400415 3400415 HOUSE SALES 900099 1362726 1362726 PROGRAM SERVICE FEES 900099 218612 218612 SERVICE DELIVERY CONTR 900099 175535 175535 CREDIT COUNSELING 900099 38653 38653 1795526 4278 4278 457019 502329 -45310 -45310 -45310 OTHER INCOME 900099 12262 12262 12262 5167171 1807788 0 -41032 1315156 1315156 139658 139658 984826 788755 196071 12580 12580 2927 2927 63625 63625 191118 113489 2629 75000 11811 7116 4695 111836 65690 46146 150333 112750 37583 69420 55042 14378 CONTRACT COST 1343154 1343154 UTILITIES 76253 48366 27887 REPAIR AND MAINTENANCE 60998 40080 20918 OTHER EXPENSES 56588 33579 23009 20334 8012 12322 4610617 4083427 452190 75000 1021140 760138 196827 213692 437653 269964 2300518 2619319 2487900 37261 33393 8676723 4195817 5009611 4480906 5971037 6682 15142024 10704017 1613563 255467 7754856 4324633 60649 46649 971679 779437 10400747 5406186 X 3435013 4455318 1306264 842513 4741277 5297831 15142024 10704017 556554 0 X X 0 1 X 1 0 X 318361 1601210 5491273 1813091 3400415 12624350 437171 476086 697400 1048874 1807788 4467319 755532 2077296 6188673 2861965 5208203 17091669 0 0 0 17091669 390189 386850 427064 452843 461297 2118243 390189 386850 427064 452843 461297 2118243 1349813 35071 2899 1387783 2495534 2499217 6618636 3314808 5669500 20597695 0.82980 0.80950 0.10280 0.10470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 438138 438138 5522675 2139804 3382871 139823 139823 0 2572087 1913857 658230 4000 2333 1667 4480906 LINE OF CREDIT 419100 ACCRUED INTEREST 16182 PAYABLE FOR TECHNOLOGY CENTER 141171 ACCRUED SALARIES AND RELATED EXP 150165 OTHER LIABILITIES 26349 DEPOSITS FOR PROGRAM SERVICES 26470 779437 X 5669500 502329 502329 5167171 0 5167171 5115791 505174 505174 4610617 0 4610617 PART X, LINE 2: THE CORPORATION APPLIES THE PROVISIONS OF FASB ASC TOPIC 740, INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FASB ASC TOPIC 740 ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. THE CORPORATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES 502,329. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES 502,329. EXPENSES FROM SUBSIDIARIES 2,845. 0 DISASTER RECOVERY, COVID RELIEF ASSISTANCE 785 1315156 FORM 990, PART VI, SECTION B, LINE 11B ELECTRONIC COPIES PROVIDED FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C A TRUSTEE HAVING A CONFLICT OF INTEREST OR A CONFLICT OF RESPONSIBILITY ON ANY MATTER INVOLVING THE CORPORATION AND ANY OTHER BUSINESS OR PERSON SHALL REFRAIN FROM VOTING ON SUCH MATTER. NO TRUSTEE, OFFICER OR EMPLOYEE SHALL USE HIS POSITION AS A TRUSTEE, OFFICER OR EMPLOYEE OF THE CORPORATION FOR HIS OWN DIRECT OR INDIRECT FINANCIAL GAIN. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS DETERMINED AND COMPARED TO INDUSTRY STANDRARDS AND BASED ON TENURE AND COMPETENCY. A BOARD SERVICE COMMITTEE REVIEWS THE COMPENSATION OF THE PRESIDENT AND CEO. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. 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