FOUNDATION FOR THE UPTOWN REINVESTMENT CORPORATION: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
FOUNDATION FOR THE UPTOWN REINVESTMENT CORPORATION (EIN 20-2159723)
Tax period
2013-10-01 to 2014-09-30
Filed
2015-08-17
IRS object ID
201512299349303111
Schema version
2013v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2015-08-17T12:49:06-05:00ReturnTs
Tax Period End2014-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN383205662PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LEWIS & KNOPF CPASBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15206 GATEWAY CENTRE SUITE 100AddressLine1
CityFLINTCity
StateMIState
ZIP Code48507ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN202159723EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FOUNDATION FOR UPTOWN REINVESTMENTBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlFOUNBusinessNameControlTxt
Phone8106001410PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1503 S SAGINAW STREET - SUITE 1500AddressLine1
CityFLINTCity
StateMIState
ZIP Code48502ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTIM HERMANPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8106001410PhoneNum
Signature2015-04-29SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKIM H LINDSAYPreparerPersonNm
PTINP00111098PTIN
Phone8102384617PhoneNum
Preparation2015-08-17PreparationDt
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2016-03-07 17:11:31ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerTIM HERMANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1503 S SAGINAW ST - SUITE 1500AddressLine1
CityFLINTCity
StateMIState
ZIP Code48502ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$11,495,573GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Legal Domicile StateMILegalDomicileStateCd
Activity Or MissionSUPPORTING THE UPTOWN REINVESTMENT CORPORATION (501(C)(3)ORAGNIZATION) IN ITS MISSION OF PROMOTING ECONOMIC GROWTH AND DEVELOPMENT IN DOWNTOWN, FLINT, MICHIGAN.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$2,435,750PYContributionsGrantsAmt
CY Contributions Grants$11,495,573CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$465PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$10,000PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,446,215PYTotalRevenueAmt
CY Total Revenue$11,495,573CYTotalRevenueAmt
PY Grants And Similar Paid$2,515,863PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$11,336,152CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$72PYOtherExpensesAmt
CY Other Expenses$100,409CYOtherExpensesAmt
PY Total Expenses$2,515,935PYTotalExpensesAmt
CY Total Expenses$11,436,561CYTotalExpensesAmt
PY Revenues Less Expenses-$69,720PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$59,012CYRevenuesLessExpensesAmt
Total Assets BOY$32,542,120TotalAssetsBOYAmt
Total Assets EOY$26,101,132TotalAssetsEOYAmt
Total Liabilities BOY$31,455,000TotalLiabilitiesBOYAmt
Total Liabilities EOY$24,955,000TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,087,120NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,146,132NetAssetsOrFundBalancesEOYAmt
MissionSUPPORTING THE UPTOWN REINVESTMENT CORPORATION (501(C)(3)ORAGNIZATION) IN ITS MISSION OF PROMOTING ECONOMIC GROWTH AND DEVELOPMENT IN DOWNTOWN, FLINT, MICHIGAN.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$11,436,561ExpenseAmt
Grant$11,336,152GrantAmt
DescGRANTS TO AND EXPENSES PAID ON BEHALF OF THE UPTOWN REINVESTMENT CORPORATIONDesc
Total Program Service Expenses$11,436,561TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonTIM HERMANPersonNm
Phone8106001410PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1519 S SAGINAWAddressLine1
CityFLINTCity
StateMIState
ZIP Code48502ZIPCode
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
GERARD BURNASH
DIRECTOR1.00Yes (X)$0$0$0
DEBORAH CHERRY
DIRECTOR1.00Yes (X)$0$0$0
GREG FIEDLER
DIRECTOR1.00Yes (X)$0$0$0
LOYST FLETCHER
DIRECTOR1.00Yes (X)$0$0$0
GREG VIENER
DIRECTOR1.00Yes (X)$0$0$0
TODD M JOHNSON
DIRECTOR1.00Yes (X)$0$0$0
BOB KITTEL
DIRECTOR1.00Yes (X)$0$0$0
JACK STOCK
DIRECTOR1.00Yes (X)$0$0$0
TIM HERMAN
PRESIDENT1.00$0$0$0Yes (X)
CLAUDE HIGH
V.PRESIDENT1.00$0$0$0Yes (X)
DAVID LOSSING
CHAIR/SEC.1.00$0$0$0Yes (X)
KATHI HORTON
TREASURER1.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$11,495,573AllOtherContributionsAmt
Total Contributions$11,495,573TotalContributionsAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,495,573TotalRevenueColumnAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$11,336,152TotalAmt
Program Services$11,336,152ProgramServicesAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
GRANT - CAPITAL THEATRE$100,000$100,000
ADMINISTRATIVE$409$409

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$11,436,561TotalAmt
Program Services$11,436,561ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$329,736BOYAmt
EOY$671,132EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$282,384BOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$31,930,000BOYAmt
EOY$25,430,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$32,542,120BOYAmt
EOY$26,101,132EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$31,455,000BOYAmt
EOY$24,955,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$31,455,000BOYAmt
EOY$24,955,000EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$631,468BOYAmt
EOY$636,059EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$455,652BOYAmt
EOY$510,073EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,087,120BOYAmt
EOY$1,146,132EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$32,542,120BOYAmt
EOY$26,101,132EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$59,012ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
CertificationYes (X)CertificationInd
IRS Written DeterminationYes (X)IRSWrittenDeterminationInd
Contribution ControllerfalseContributionControllerInd
Contribution FamilyfalseContributionFamilyInd
Contribution35 ControlledfalseContribution35ControlledInd

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1UPTOWN REINVESTMENT CORPORATIONBusinessNameLine1
FieldValueIRS element (for citing)
EIN383493359EIN
Organization Type9OrganizationTypeDesc
Governing Document ListedYes (true)GoverningDocumentListedInd
Supported Org NotifiedYes (true)SupportedOrgNotifiedInd
US OrganizedYes (true)USOrganizedInd
Support$7,836,152SupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$7,836,152SupportSumAmt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
LOAN - MOTT FOUNDATION$24,955,000
LOAN - CSM - ROWE BLDG
FieldValueIRS element (for citing)
Total Liability$24,955,000TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$11,495,573TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$11,495,573RevenueSubtotalAmt
Total Revenue Per Form990$11,495,573TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$11,436,561TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$11,436,561ExpensesSubtotalAmt
Total Expenses Per Form990$11,436,561TotalExpensesPerForm990Amt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
UPTOWN REINVESTMENT CORP
519 S SAGINAW STFLINTMI485023834933593$7,836,152GENERAL
UPTOWN REINVESTMENT CORP
519 S SAGINAW STFLINTMI485023834933593$3,500,000GENERAL-DEBT FORGIVE

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 11BTHE 990 INFORMATIONAL RETURN IS PROVIDED FOR REVIEW PRIOR TO FILING WITH THE IRS.
FORM 990, PAGE 6, PART VI, LINE 19DOCUMENTS AVAILABLE UPON REQUEST.

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