2016-03-18T07:00:09-05:00 2015-09-30 341411795 BDO USA LLP 32125 SOLON ROAD SOLON OH 441392284 990 2014-10-01 341251206 VILLA MERCEDE COMMUNITY URBAN REDEVELOPMENT CORPORATION VILL 2169611331 1331 W 70TH STREET CLEVELAND OH 44102 OFFICER OFFICER 2169611331 2016-03-04 1 ANNETTE HOELZER P00000633 4402488787 2016-03-01 2014 2016-08-17 19:52:53Z FRANK D'ONOFRIO 1331 W 70TH STREET CLEVELAND OH 44102 1433207 0 X N/A X 1986 OH TO PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY AND HANDICAPPED INDIVIDUALS 9 9 0 9 0 0 0 0 1630923 1421897 1166 -26479 10560 10673 1642649 1406091 0 0 0 0 221472 227646 0 0 0 1242876 1398351 1464348 1625997 178301 -219906 4342668 4073902 3245828 3196968 1096840 876934 TO PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY AND HANDICAPPED INDIVIDUALS 0 0 1369060 1394781 OWNERSHIP AND OPERATION OF A 151 UNIT APARTMENT PROJECT UNDER SECTION 202 OF THE NATIONAL HOUSING ACT FOR ELDERLY AND HANDICAPPED PERSONS. RENT CHARGES AND OPERATION METHODS ARE REGULATED BY HUD. 1369060 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 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 0 0 0 0 1 4 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 OH X MJM MANAGEMENT 2165667676 1468 W 9TH STREET CLEVELAND OH 44113 X FRANK D'ONOFRIO PRESIDENT 0.50 X X 0 0 0 JOSEPH ISABELLA TREASURER 0.50 X X 0 0 0 ALICIA MAZZI SECRETARY 0.50 X X 0 0 0 CHARLIE MANNO VICE-PRESIDENT 0.50 X X 0 0 0 JOHANNA SFISCKO TRUSTEE 0.50 X 0 0 0 FR RICHARD RASCH TRUSTEE 0.50 X 0 0 0 ANTHONY COSTANZO TRUSTEE 0.50 X 0 0 0 RONALD CORENO TRUSTEE 0.50 X 0 0 0 JOSEPH BIASIOTTA TRUSTEE 0.50 X 0 0 0 MARY JO KUHL CEO/MANAGER 10.00 X 0 0 0 0 0 0 0 0 0 0 JOHNSON CONTROLS 9797 MIDWEST AVE CLEVELAND OH 44125 CONSTRUCTION 688883 TROY GRAF 19101 GOLF VIEW CLEVELAND OH 44135 RENOVATION - KITCHEN 271750 CREATIVE BATH 51 MEADOW LANE SUITE C NORTHFIELD OH 44067 RENOVATION - BATH 165471 3 RENTAL INCOME 531110 1415463 1415463 LAUNDRY AND VENDING IN 531110 6434 6434 1421897 637 637 10673 0 10673 10673 10673 27116 -27116 -27116 -27116 1406091 1394781 0 11310 152571 63785 88786 57292 23952 33340 17783 7434 10349 77087 77087 856 856 15830 15830 355 355 23674 23674 5612 5612 343641 343641 136191 136191 355537 355537 55575 55575 OPER./MAINT. CONTRACTS 256853 256853 OPER./MAINT. SUPPLIES 40107 40107 SERVICE EXPENSE 31249 31249 HVAC MAINTENANCE 28510 28510 27274 26226 1048 1625997 1369060 256937 0 56863 195004 1354244 405565 8733 182 37517 41405 7576684 4358469 2321824 3218215 176065 169374 387422 44157 4342668 4073902 157163 146321 167 107 3046390 3009373 42108 41167 3245828 3196968 X 1096840 876934 1096840 876934 4342668 4073902 -219906 0 X X 0 1 X 1 1 1 X 1630701 1677662 1701864 1630923 1421897 8063047 1630701 1677662 1701864 1630923 1421897 8063047 0 0 0 8063047 1983 1570 1067 1166 637 6423 1983 1570 1067 1166 637 6423 10320 10694 10639 10560 -16443 25770 1643004 1689926 1713570 1642649 1406091 8095240 0.99600 0.99280 0.00080 0.00100 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: CELLULAR TOWER INCOME - 2010 AMOUNT: $ 10,320. 2011 AMOUNT: $ 10,694. 2012 AMOUNT: $ 10,639. 2013 AMOUNT: $ 10,560. 2014 AMOUNT: $ 10,673. LOSS ON DISPOSAL OF ASSETS - 2014 AMOUNT: $ -27,116. 149946 149946 6410528 3942507 2468021 321998 99338 222660 694212 316624 377588 3218215 TENANT SECURITY DEPOSITS 41167 41167 X 1454015 20808 20808 1433207 -27116 -27116 1406091 1673921 20808 27116 47924 1625997 0 1625997 PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS RULED THAT THE CORPORATION QUALIFIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS, THEREFORE, NOT SUBJECT TO TAX UNDER PRESENT FEDERAL INCOME TAX LAWS. THE CORPORATION HAS NOT BEEN CLASSIFIED AS A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) AND DOES QUALIFY FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(1)(A)(VI). THE CORPORATION HAS IMPLEMENTED THE ACCOUNTING FOR GUIDANCE FOR UNCERTAINTY IN INCOME TAXES. THE CORPORATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE ORGANIZATION'S OPEN AUDIT PERIODS ARE FOR THE YEARS FROM SEPTEMBER 30, 2012 THROUGH SEPTEMBER 30, 2014. IN EVALUATING THE CORPORATION'S ACTIVITIES, MANAGEMENT BELIEVES ITS POSITION OF TAX EXEMPT STATUS IS APPROPRIATE BASED ON CURRENT FACTS AND CIRCUMSTANCES. MANAGEMENT HAS ASSESSED THAT THERE ARE NO ACTIVITIES UNRELATED TO THE PURPOSE OF THE CORPORATION AND THEREFORE NO TAX IS TO BE RECOGNIZED. IT IS THE POLICY OF THE CORPORATION TO INCLUDE IN OPERATING EXPENSES PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES. THERE ARE NO PENALTIES OR INTEREST FROM TAXING AUTHORITIES INCLUDED IN OPERATING EXPENSES FOR THE YEARS ENDED SEPTEMBER 30, 2015 AND 2014. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT -27,116. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF PROPERTY AND EQUIPMENT 27,116. FORM 990, PART VI, SECTION A, LINE 3 MJM MANAGEMENT COMPANY AND ITS EMPLOYEES OVERSEE AND MANAGE DAY-TO-DAY OPERATIONS OF THE ORGANIZATION. ALL MANAGEMENT DECISIONS ARE DISCUSSED AND APPROVED BY THE BOARD OF TRUSTEES BEFORE THEY ARE CARRIED OUT. MARY JO KUHL HAS ULTIMATE RESPONSIBILITY FOR IMPLEMENTING THE DECISIONS OF THE GOVERNING BODY AND IS THEREFORE LISTED ON PART VII AS THE CEO. SHE MANAGES MULTIPLE UNRELATED ENTITIES, AND THEREFORE THE AMOUNT OF HER SALARY ALLOCABLE TO THIS ORGANIZATION IS NOT OBTAINABLE. FORM 990, PART VI, SECTION B, LINE 11 DRAFT COPY OF THE TAX RETURN IS FORWARDED TO THE BOARD FOR REVIEW AND APPROVAL PRIOR TO FILING FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND TRUSTEES ARE REQUIRED TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. AT EACH BOARD MEETING, IF A CONFLICT OF INTEREST ARISES, THE CONFLICTED PARTY ADVISES THE REST OF THE BOARD OF THE CONFLICT AND ABSTAINS FROM THE DISCUSSION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 2C AN AUDIT OF THE BOOKS AND RECORDS OF THE ORGANIZATION IS PERFORMED ANNUALLY. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.