2015-02-13T10:06:10-06:00 2014-09-30 341411795 BDO USA LLP 32125 SOLON ROAD SOLON OH 441392284 990 2013-10-01 341251206 VILLA MERCEDE COMMUNITY URBAN REDEVELOPMENT CORPORATION VILL 2169611331 1331 W 70TH STREET CLEVELAND OH 44102 OFFICER OFFICER 2169611331 2015-02-02 1 LORI CROW P01623414 4402488787 2015-02-02 2013 2016-02-25 16:41:14Z FRANK D'ONOFRIO 1331 W 70TH STREET CLEVELAND OH 44102 1642649 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 1701864 1630923 1067 1166 10639 10560 1713570 1642649 0 0 0 0 179888 221472 0 0 0 1285330 1242876 1465218 1464348 248352 178301 2903907 4342668 1985368 3245828 918539 1096840 TO PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY AND HANDICAPPED INDIVIDUALS 0 0 1207963 1630923 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. 1207963 1 0 0 0 0 0 0 0 0 0 1 0 0 1 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 5 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 0 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 0 0 0 0 0 0 0 JOHNSON CONTROLS 9797 MIDWEST AVE CLEVELAND OH 44125 CONSTRUCTION 344441 1 RENTAL INCOME 531110 1624892 1624892 LAUNDRY AND VENDING IN 531110 6031 6031 1630923 1166 1166 10560 0 10560 10560 10560 1642649 1630923 0 11726 149193 59102 90091 51386 20356 31030 20893 8277 12616 75364 75364 141 141 14020 14020 300 300 24736 24736 7473 7473 376986 376986 122705 122705 280783 280783 54826 54826 OPER./MAINT. CONTRACTS 161398 161398 OPER./MAINT. SUPPLIES 30204 30204 SERVICE EXPENSE 28992 28992 HVAC MAINTENANCE 25107 25107 39841 39227 614 1464348 1207963 256385 0 45025 56863 547636 1354244 3129 8733 11363 37517 6589105 4267281 2191485 2321824 50266 176065 55003 387422 2903907 4342668 193021 157163 534 167 1752051 3046390 39762 42108 1985368 3245828 X 918539 1096840 918539 1096840 2903907 4342668 178301 0 X X 0 1 X 1 1 1 X 1656420 1630701 1677662 1701864 1630923 8297570 1656420 1630701 1677662 1701864 1630923 8297570 0 0 0 8297570 2812 1983 1570 1067 1166 8598 2812 1983 1570 1067 1166 8598 9600 10320 10694 10639 10560 51813 1668832 1643004 1689926 1713570 1642649 8357981 0.99280 0.99290 0.00100 0.00100 X 149946 149946 5504212 3875442 1628770 315343 90557 224786 619604 301282 318322 2321824 TENANT SECURITY DEPOSITS 42336 WORKERS COMPENSATION AND OTHER DEPOSITS 645 CONSTRUCTION IN PROGRESS 344441 387422 TENANT SECURITY DEPOSITS 42108 42108 X 1666257 23608 23608 1642649 0 1642649 1487956 23608 23608 1464348 0 1464348 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, 2011 THROUGH SEPTEMBER 30, 2013. 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, 2014 AND 2013. 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. 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. 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.