2025-09-24T11:42:07-05:00 2025-08-06 382029668 GJC CPA'S & ADVISORS 1001 WOODWARD AVENUE SUITE 850 DETROIT MI 482261904 990 2024-10-01 262310566 M-1 RAIL M-1R 3135283044 7520 WOODWARD AVENUE DETROIT MI 482022807 KENNETH DILAURA CHIEF FINANCIAL OFFICER 3135283044 2025-09-24 1 1 MICHAEL R NICHOLAS P00966144 3139652655 2024 2025-03-06 01:10:19Z X MATTHEW P CULLEN 7520 WOODWARD AVENUE DETROIT MI 482022807 16383 0 X QLINEDETROIT.COM X 2007 MI TO PLAN, DESIGN, CONSTRUCT, EQUIP, FURNISH, AND OPERATE A PUBLIC TRANSPORTATION SYSTEM X 14 12 0 0 0 0 9976936 0 3361276 0 -2422614 6383 278740 10000 11194338 16383 47424045 6285046 0 0 3397380 219802 0 0 0 8585551 222265 59406976 6727113 -48212638 -6710730 6862203 0 151473 0 6710730 0 X TO PLAN, DESIGN, CONSTRUCT, EQUIP, FURNISH, AND OPERATE, FOR ITSELF OR BY CONTRACT, A PUBLIC TRANSPORTATION SYSTEM 0 1 6286848 6285046 TO ACQUIRE, OWN, OPERATE, CONSTRUCT, AND MAINTAIN A STREET RAILWAY, AS ENABLED BY LEGISLATION ADVANCED BY THE STATE OF MICHIGAN 6286848 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 13 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 12 0 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 X X 0 0 0 DANIEL B GILBERT VICE-CHAIR AND DIRECTOR 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 X X 0 0 0 MATTHEW P CULLEN CHIEF EXECUTIVE OFFICER AND DIRECTOR 1.00 X X 0 0 0 GEORGE W JACKSON JR DIRECTOR 1.00 X 0 0 0 KEVIN JOHNSON DIRECTOR 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 X 0 0 0 ROBERT G RINEY DIRECTOR 1.00 X 0 0 0 PAUL TRULIK ASSISTANT TREASURER 1.00 X X 0 0 0 LISA NUSZKOWSKI PRESIDENT, C.O.O., AND ASST. SEC. 40.00 X 0 0 0 KENNETH DILAURA VICE-PRESIDENT AND C.F.O. 40.00 X 0 0 0 0 0 0 0 0 0 0 BROOKVILLE 4 SOUTH PICKERING PO BOX 353 BROOKVILLE PA 158251216 STREETCAR MAINTENANCE 1693805 DYKEMA GOSSETT PLLC 24110 RESEARCH DRIVE FARMINGTON HILLS MI 483352633 LEGAL SERVICES 419854 RNA FACILITIES MANAGEMENT 1357 WHITEFIELD STREET DEARBORN HEIGHTS MI 481273418 JANITORIAL SERVICES 330496 QUATRRO BUSINESS SOLUTIONS 1850 PARKWAY PLACE SUITE 1100 MARIETTA GA 300678249 ACCOUNTING SERVICES 234015 MILLER CANFIELD PADDOCK AND STONE 150 WEST JEFFERSON DETROIT MI 482264415 LEGAL SERVICES 206607 9 6383 6383 10000 10000 10000 16383 0 0 16383 6285046 6285046 195310 195310 11447 11447 13045 13045 42352 42352 52708 52708 5451 5451 1500 747 753 112512 112512 7742 1055 6687 6727113 6286848 440265 0 1800479 0 0 18562 0 5000000 0 0 0 0 0 43162 0 0 0 0 0 0 0 6862203 0 151473 0 151473 0 X 6710730 0 6710730 0 6862203 0 -6710730 0 X 0 0 0 X 11397675 7346808 6695483 9976936 35416902 11397675 7346808 6695483 9976936 35416902 2271241 33145661 292136 98160 154864 170471 6383 722014 3800 6500 278740 10000 299040 36437956 3361276 0.90960 0.76400 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2021 AMOUNT: $ 3,800. 2022 AMOUNT: $ 6,500. 2023 AMOUNT: $ 278,740. 2024 AMOUNT: $ 10,000. PART II, SHORT YEAR EXPLANATION: THE ORGANIZATION DISSOLVED PRIOR TO THE END OF THE FISCAL YEAR. THEREFORE, THE "2024" COLUMN REPRESENTS A SHORT PERIOD. 0 REGIONAL TRANSIT AUTHORITY OF SOUTHEAST MICHIGAN 1001 WOODWARD AVENUE SUITE 1400 DETROIT MI 482261927 463251620 REG. TRANSIT AUTH. 6285046 0 N/A N/A TRANSFER OF NET ASSETS UPON DISSOLUTION 1 0 PART I, LINE 2: THE ORGANIZATION'S NET ASSETS WERE TRANSFERRED TO THE RECIPIENT ORGANIZATION UPON DISSOLUTION. CASH 2025-08-06 6285046 BOOK VALUE 463251620 SEE PART III FOR NAME 1001 WOODWARD SUITE 1400 DETROIT MI 482261927 GOVERNMENTAL ENTITY 0 0 0 0 1 1 1 1 0 SCHEDULE N, PART I, ITEM 1, COLUMN (F) - NAME OF RECIPIENT ORGANIZATION: THE FULL NAME OF THE RECIPIENT ORGANIZATION IS "REGIONAL TRANSIT AUTHORITY OF SOUTHEAST MICHIGAN". FORM 990, PART III, LINE 3 ALL ASSETS AND OPERATIONS OF THE QLINE STREETCAR SERVICE WERE TRANSFERRED TO THE REGIONAL TRANSIT AUTHORITY OF SOUTHEAST MICHIGAN ("RTA") AS OF SEPTEMBER 19, 2024. THE FINAL TRANSACTIONS TO COMPLETE THE DISSOLUTION OF M-1 RAIL TOOK PLACE DURING THE FISCAL YEAR ENDING SEPTEMBER 30, 2025, AND THE FINAL CASH BALANCE WAS TRANSFERRED TO RTA ON AUGUST 6, 2025. 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. M-3 RAIL 7520 WOODWARD AVENUE DETROIT MI 482022807 853357368 EMPLOYER OF PERSONNEL OPERATING M-1 RAIL DURING DISSOLUTION PROCESS MI 0 0 M-1 RAIL