2017-02-14T06:42:59-06:00 2016-06-30 341463411 BARNES WENDLING CPAS INC 1350 EUCLID AVE SUITE 1400 CLEVELAND OH 441151830 990 2015-07-01 200026998 THE URBAN COMMUNITY SCHOOL PROPERTY FOUNDATION URBA 2169398441 4909 LORAIN AVENUE CLEVELAND OH 44102 SISTER MAUREEN DOYLE DIRECTOR 2169398441 2017-02-08 1 JEFFREY D NEUMAN CPA P00410073 2165669000 2017-02-08 2015 2021-01-29 14:40:06Z SISTER MAUREEN DOYLE 4909 LORAIN AVENUE CLEVELAND OH 44102 37875 0 X N/A X 2003 OH TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF THE PM FOUNDATION, INC. DBA URBAN COMMUNITY SCHOOL. 9 8 0 0 0 0 1738440 0 0 0 664 375 0 37500 1739104 37875 0 0 0 0 0 0 0 0 0 456277 899819 456277 899819 1282827 -861944 14269342 14017008 838861 6992913 13430481 7024095 X TO OPERATE EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, OR RELIGIOUS PURPOSES BY CONDUCTING OR SUPPORTING ACTIVITIES EXCLUSIVELY FOR THE BENEFIT OF, TO MAKE ITS ASSETS AVAILABLE TO OR FOR THE BENEFIT OF, TO PERFORM THE FUNCTION OF, AND TO CARRY OUT THE PROPOSES OF THE PM FOUNDATION, INC. DBA URBAN COMMUNITY SCHOOL. 0 0 575312 37500 TO OPERATE EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, OR RELIGIOUS PURPOSES BY CONDUCTING OR SUPPORTING ACTIVITIES EXCLUSIVELY FOR THE BENEFIT OF, TO MAKE ITS ASSETS AVAILABLE TO OR FOR THE BENEFIT OF, TO PERFORM THE FUNCTION OF, AND TO CARRY OUT THE PROPOSES OF THE PM FOUNDATION, INC. DBA URBAN COMMUNITY SCHOOL 575312 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 OH X SISTER MAUREEN DOYLE 2169398441 4909 LORAIN AVENUE CLEVELAND OH 44102 SISTER MAUREEN DOYLE PRESIDENT 1.00 40.00 X X 0 50617 3758 JOSEPH K JUSTER TRUSTEE 1.00 3.00 X 0 0 0 WILLIAM KOEHLER TRUSTEE 1.00 3.00 X 0 0 0 MOLLY SCHROEDER TRUSTEE 1.00 3.00 X 0 0 0 RICHARD H ZUCCA SECRETARY/TREASURER 1.00 3.00 X X 0 0 0 MICHAEL FRANTZ JR TRUSTEE 1.00 0.00 X 0 0 0 KEVIN HINKEL TRUSTEE 1.00 0.00 X 0 0 0 PATRICIA JAMIESON TRUSTEE 1.00 0.00 X 0 0 0 SAMUEL HUSTON TRUSTEE 1.00 0.00 X 0 0 0 0 50617 3758 0 0 0 0 0 375 375 37500 0 37500 37500 37500 37875 37500 0 375 X 521 521 323986 323986 30084 30084 545228 545228 899819 575312 324507 0 5270 5164 204009 16896334 3088499 14264072 13807835 14269342 14017008 838861 4750000 0 2242913 838861 6992913 X 13430481 7024095 13430481 7024095 14269342 14017008 X -861944 -5544442 X X 0 1 X 1 0 X X 1 PM FOUNDATION DBA URBAN COMMUNITY SCHOOL 346608706 3 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 450565 450565 15759411 2865751 12893660 686358 222748 463610 13807835 PAYABLE TO AFFILIATE 2242913 2242913 X PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) AND IS CLASSIFIED AS AN ORGANIZATION THAT IS NOT A "PRIVATE FOUNDATION" AS DEFINED IN SECTION 509(A) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS NO LONGER SUBJECT TO TAX EXAMINATIONS FOR YEARS BEFORE ITS INCEPTION OF SEPTEMBER 1, 2014 BY TAXING AUTHORITIES IN JURISDICTIONS WHERE THE FOUNDATION HAS FILED RETURNS. THE FOUNDATION DID NOT IDENTIFY ANY MATERIAL UNRECOGNIZED TAX BENEFITS UPON EVALUATION OF TAX POSITIONS TAKEN AND THEREFORE, THERE WAS NO MATERIAL EFFECT ON THE FOUNDATION'S FINANCIAL CONDITION OR RESULTS OF OPERATIONS. THE FOUNDATION EVALUATES AT EACH BALANCE SHEET DATE UNCERTAIN TAX POSITIONS TAKEN, IF ANY, TO DETERMINE THE NEED TO RECORD LIABILITIES FOR TAXES, PENALTIES, AND INTEREST. THE FOUNDATIONS' POLICY IS TO RECORD INTEREST AND PENALTIES ON UNCERTAIN TAX PROVISIONS AS INCOME TAX EXPENSE. AS OF JUNE 30, 2016. THE FOUNDATION HAS NO ACCRUED TAXES, INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. THE FOUNDATION ESTIMATES THE UNRECOGNIZED TAX BENEFIT WILL NOT CHANGE SIGNIFICANTLY WITHIN THE NEXT TWELVE MONTHS. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE TREASURER OF THE BOARD AND PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOLLOWING PROCEDURE SHALL BE FOLLOWED FOR ANY CONTRACT, ACTION, OR TRANSACTION THAT AFFECTS OR IS BETWEEN THE URBAN COMMUNITY SCHOOL PROPERTY FOUNDATION AND ONE OR MORE OF ITS TRUSTEES OR OFFICERS. INFORMATION REGARDING THE CONTRACT, ACTION OR TRANSACTION SHALL BE FORWARDED TO THE BOARD OF TRUSTEES NO MORE THAN THIRTY NOR LESS THAN FOURTEEN DAYS BEFORE THE MEETING AT WHICH THE ISSUE(S) ARE TO BE CONSIDERED. THE CONTRACT, ACTION OR TRANSACTION SHALL BE PLACED ON THE AGENDA AND DISCUSSED PRIOR TO THE VOTE. A QUORUM OF THE BOARD OF TRUSTEES MUST BE PRESENT AND THE TRUSTEE(S) AFFECTED BY THE CONTRACT, ACTION OR TRANSACTION MAY BE COUNTED FOR PURPOSES OF A QUORUM BUT MAY NOT TAKE PART IN ANY VOTE ON THE ISSUE(S) INVOLVED. ALL PARTIES TO THE CONTRACT, ACTION OR TRANSACTION SHALL BE INVITED TO ATTEND THE MEETING AT WHICH THE POTENTIAL CONFLICT OF INTEREST IS DISCUSSED AND SHALL MAKE A PRESENTATION ON THE ISSUE(S). BEFORE ANY CONTRACT, ACTION OR TRANSACTION IDENTIFIED AS A POTENTIAL CONFLICT OF INTEREST MAY BE ADOPTED BY THE BOARD OF TRUSTEES, IT MUST BE DETERMINED TO BE IN THE BEST INTEREST OF THE CORPORATION. A WRITTEN ACCOUNT OF THE ACTIVITY INVOLVING THE POTENTIAL CONFLICT OF INTEREST SHALL BE MADE AND KEPT AND INCORORATED IN THE MINUTES OF THE MEETING. TO THE EXTENT THAT CONFLICT OF INTEREST IS CONTINUING AND THE CONTRACT, ACTION OR TRANSACTION GOES BEYOND TWELVE MONTHS, THE FOREGOING PROCEDURE SHALL BE REPEATED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY MADE AVAILABLE IN DIRECTOR'S OFFICE. FORM 990, PART IX, LINE 11G NEW MARKET TAX CREDIT CLOSING AND MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 323,986. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 323,986. FORM 990, PART XI, LINE 9: PRIOR YEAR PAYABLE TO AFFILIATE -5,544,442. FORM 990, PART XII, LINE 1: THE ORGANIZATION USES A MODIFIED CASH METHOD FOR REPORTING. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE FOR PM FOUNDATION (RELATED ORGANIZATION) ASSUMES RESPONSIBLITY FOR THE OVERSIGHT OF THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. UCS PROPERTY LLC 4909 LORAIN AVENUE CLEVELAND OH 44102 200026998 TO HOLD THE PROPERTY OF THE URBAN COMMUNITY SCHOOL PROPERTY FOUNDATION OH 37875 14017008 THE URBAN COMMUNITY SCHOOL PROPERTY FOUNDATION PM FOUNDATION DBA URBAN COMMUNITY SCHOOL 4909 LORAIN AVENUE CLEVELAND OH 44103 346608706 TO PROVIDE FAITH-BASED EDUCATION TO CHILDREN OH 501(C)3 LINE 2 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0