COMMUNITY DEVELOPMENT CORPROATION OF LEESBURG AND VICINITY INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: COMMUNITY DEVELOPMENT CORPROATION OF LEESBURG AND VICINITY INC (EIN 59-3455505)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-05-28
IRS object ID: 201331489349300578
Schema version: 2012v2.1
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
Form 990
Schedule A
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-05-28T16:16:07-05:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LOGAN BOWYER & MCCULLOUGH PA	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	2310 S BAY ST	AddressLine1
City	EUSTIS	City
State	FL	State
ZIP Code	327266361	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	593455505	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	COMMUNITY DEVELOPMENT CORPORATION	BusinessNameLine1
Business Name Line2	OF LEESBURG INC	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	COMM	NameControl
Phone	3523148868	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	314 SOUTH CANAL STREET	AddressLine1
City	LEESBURG	City
State	FL	State
ZIP Code	34748	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JOHN CHRISTIAN	Name
Title	CHAIRMAN	Title
Phone	3523148868	Phone
Date Signed	2013-05-14	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	DAVID C LOGAN	Name
Phone	3524831100	Phone
Date Prepared	2013-05-14	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	JOHN CHRISTIAN	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	314 S CANAL STREET	AddressLine1
City	LEESBURG	City
State	FL	State
ZIP Code	34748	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	233761	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	LEESBURGCDC.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1998	YearFormation
State Legal Domicile	FL	StateLegalDomicile
Activity Or Mission Description	THE MISSION OF THE CDC OF LEESBURG AND VICINITY IS TO IMPROVE THE QUALITY OF LIFE FOR LOW-TO-MODERATE INCOME RESIDENTS IN THE EAST LEESBURG COMMUNITY AND BEYOND; TO PROMOTE AND IMPLEMENT ECONOMIC AND COMMUNITY DEVELOPMENT ISSUES AND PARTNERSHIPS, WHILE PRESERVING THE HERITAGE OF THE COMMUNITY.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	9	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	9	NbrIndependentVotingMembers
Total Nbr Employees	2	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	210977	ContributionsGrantsPriorYear
Contributions Grants Current Year	174214	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	41336	ProgramServiceRevenuePriorYear
Program Service Revenue CY	54518	ProgramServiceRevenueCY
Investment Income Prior Year	-30110	InvestmentIncomePriorYear
Investment Income Current Year	5029	InvestmentIncomeCurrentYear
Other Revenue Prior Year	4629	OtherRevenuePriorYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	226832	TotalRevenuePriorYear
Total Revenue Current Year	233761	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	81888	SalariesEtcPriorYear
Salaries Etc Current Year	43359	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	176832	OtherExpensePriorYear
Other Expenses Current Year	186112	OtherExpensesCurrentYear
Total Expenses Prior Year	258720	TotalExpensesPriorYear
Total Expenses Current Year	229471	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-31888	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	4290	RevenuesLessExpensesCY
Total Assets BOY	1979890	TotalAssetsBOY
Total Assets EOY	1999273	TotalAssetsEOY
Total Liabilities BOY	575988	TotalLiabilitiesBOY
Total Liabilities EOY	591081	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	1403902	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	1408192	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	THE MISSION OF THE CDC OF LEESBURG AND VICINITY IS TO IMPROVE THE QUALITY OF LIFE FOR LOW-TO-MODERATE INCOME RESIDENTS IN THE EAST LEESBURG COMMUNITY AND BEYOND; TO PROMOTE AND IMPLEMENT ECONOMIC AND COMMUNITY DEVELOPMENT ISSUES AND PARTNERSHIPS, WHILE PRESERVING THE HERITAGE OF THE COMMUNITY.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	2835	Expense
Description	CONTRIBUTIONS TO VARIOUS ORGANIZATIONS TO SUPPORT CIVIC AWARENESS.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	142584	Expense
Description	HOUSING FACILITIES - EAST LEESBURG, FL	Description

Field	Value	IRS element (for citing)
Total Program Service Expense	145419	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	true	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	true	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	3	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	2	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form8899 Filed	false	Form8899Filed
Form1098 C Filed	false	Form1098CFiled
Excess Business Holdings	false	ExcessBusinessHoldings
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	9	NbrVotingGoverningBodyMembers
Number Independent Voting Members	9	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	BOARD OF DIRECTORS	NamePerson
Telephone Number	3523148868	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	314 S CANAL STREET	AddressLine1
Address Line2	314 S CANAL STREET	AddressLine2
City	LEESBURG	City
State	FL	State
ZIP Code	34748	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (9 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
CAROLYN SAMUEL
VC	1.00	X	X	0	0	0
BETTY CONEY
D	2.50	X		0	0	0
JESSIE SMITH
D	3.50	X		0	0	0
JOHN CHRISTIAN
C	20.00	X	X	0	0	0
CHRYLE LOWERY
S	2.50	X	X	0	0	0
MARSHALL FRAZIER
T	4.00	X	X	0	0	0
DONALD BISBEE
DIRECTOR	2.50	X		0	0	0
RANDY HEPBURN
DIRECTOR	2.50	X		0	0	0
MARCUS NIBLACK
DIRECTOR	2.50	X		0	0	0

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Government Grants	173973	GovernmentGrants
All Other Contributions	241	AllOtherContributions
Total Contributions	174214	TotalContributions

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	AFFORDABLE HOUSING	Description
Total Revenue Column	54518	TotalRevenueColumn
Related Or Exempt Function Income	54518	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	54518	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	5029	TotalRevenueColumn
Related Or Exempt Function Income	5029	RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	233761	TotalRevenueColumn
Related Or Exempt Function Income	59547	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	X	InfoInScheduleOPartIX

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	40272	Total
Management And General	40272	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	3087	Total
Management And General	3087	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	5154	Total
Management And General	5154	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	1375	Total
Management And General	1375	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	3510	Total
Management And General	3510	ManagementAndGeneral

Interest Interest

Field	Value	IRS element (for citing)
Total	37331	Total
Program Services	37331	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	21756	Total
Program Services	21756	ProgramServices

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Management And GeneralManagementAndGeneral	Program ServicesProgramServices
BOARD EXPENSE	19477	19477
804 DOUGLAS	15386		15386
UTILITIES	12257		12257
TAXES, PROPERTY	10160		10160

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	59706	Total
Program Services	48529	ProgramServices
Management And General	11177	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	229471	Total
Program Services	145419	ProgramServices
Management And General	84052	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	548768	BOY
EOY	475354	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	1637350	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	191929	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	1353626	BOY
EOY	1445421	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	77496	BOY
EOY	78498	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1979890	BOY
EOY	1999273	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	2528	BOY
EOY	2704	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	573460	BOY
EOY	588377	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	575988	BOY
EOY	591081	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1403902	BOY
EOY	1408192	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1403902	BOY
EOY	1408192	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1979890	BOY
EOY	1999273	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	4290	ReconcilationRevenueExpenses
Method Of Accounting Cash	X	MethodOfAccountingCash
Accountant Compile Or Review	true	AccountantCompileOrReview
FS Audited	false	FSAudited
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	X	PubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	283746	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	335004	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	310752	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	210977	CurrentTaxYearMinus1Year
Current Tax Year	174214	CurrentTaxYear
Total	1314693	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	43345	CurrentTaxYearMinus1Year
Current Tax Year	59547	CurrentTaxYear
Total	102892	Total

Gross Receipts From Non UBI GrossReceiptsFromNonUBI

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	9	CurrentTaxYearMinus1Year
Total	9	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	283746	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	335004	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	310752	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	254331	CurrentTaxYearMinus1Year
Current Tax Year	233761	CurrentTaxYear
Total	1417594	Total

Field	Value	IRS element (for citing)
Public Support Total509	1417594	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	29623	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	42108	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	27832	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	47974	CurrentTaxYearMinus1Year
Total	147537	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	29623	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	42108	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	27832	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	47974	CurrentTaxYearMinus1Year
Total	147537	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	313369	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	377112	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	338584	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	302305	CurrentTaxYearMinus1Year
Current Tax Year	233761	CurrentTaxYear
Total	1565131	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.90570	PublicSupportPercentage509
Prior Year Support Percentage	0.90050	PriorYearSupportPercentage
Investment Income Percentage	0.09000	InvestmentIncomePercentage
Prior Yr Invest Income Percentage	0.10000	PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Solicited Assets For Sale	false	SolicitedAssetsForSale

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	1637350	InvestmentCostOrOtherBasis
Depreciation	191929	Depreciation
Book Value	1445421	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	1445421	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescription	AmountAmount
SUNTRUST 5 YR BALLOON	$432,772
SUNTRUST 1003 E N BLVD	$118,638
SUNTRUST 305 PINE ST	$36,967

Field	Value	IRS element (for citing)
Total Of Amounts	588377	TotalOfAmounts

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S MISSION	FORM 990 - ORGANIZATION'S MISSION	THE MISSION OF THE CDC OF LEESBURG AND VICINITY IS TO IMPROVE THE QUALITY OF LIFE FOR LOW-TO-MODERATE INCOME RESIDENTS IN THE EAST LEESBURG COMMUNITY AND BEYOND; TO PROMOTE AND IMPLEMENT ECONOMIC AND COMMUNITY DEVELOPMENT ISSUES AND PARTNERSHIPS, WHILE PRESERVING THE HERITAGE OF THE COMMUNITY.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	THE BOARD ENGAGED A CERTIFIED PUBLIC ACCOUNTANT TO PREPARE THE RETURN FROM THE FINANCIAL RECORDS AND COMPILED FINANCIAL STATEMENTS. EACH BOARD MEMBER IS GIVEN THE OPPORTUNITY TO REVIEW THE FORM 990 PRIOR TO FILING. THE BOARD ENGAGED AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT TO PERFORM AN AUDIT OF THE FINANCIAL STATEMENTS FOR 2009 AND 2010.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	N
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	THE BOARD OF DIRECTORS REVIEWS AND APPROVES COMPENSATION OF EMPLOYEES.
COMPENSATION PROCESS FOR OFFICERS	FORM 990, PAGE 6, PART VI, LINE 15B	THE BOARD OF DIRECTORS REVIEWS AND APPROVES COMPENSATION OF EMPLOYEES.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION BY THE PUBLIC.
OTHER EXPENSES	FORM 990, PART IX, LINE 24E	REPAIRS & MAINT - PROPERT 10,030 0 0 AGENT RENTAL EXPENSES 7,585 0 0 NORTH BLVD PROP PURCHASE/IMPROV 6,457 0 0 AGENT COMMISSION 5,358 0 0 TELEPHONE 0 5,227 0 EQUIPMENT MAINTENANCE 0 3,695 0 DONATIONS AND SPONSORSHIP 2,835 0 0 220 MIKE ST (MUSEUM) 2,107 0 0 EMPLOYEE LEASING 0 1,955 0 408 LAKE STREET 1,797 0 0 2011 ADDS 804 DOUGLAS - NO 11 D 1,506 0 0 311/313 PINE ST IMPROVEMENTS 1,265 0 0 220 MIKE ST IMPROVEMENTS 1,034 0 0 218 A & B MIKE ST 956 0 0 214 SOUTH EAST ST DUPLEX 872 0 0 220 MIKE ST IMPROVEMENT 714 0 0 ECONOMIC DEVELOPMENT 670 0 0 HP SERVER & COMPUTERS 654 0 0 313 PINE STREET 551 0 0 HP SERVER & MONITOR 521 0 0 2007 IMPROVEMENTS - 311/313 PIN 498 0 0 DOUGLAS STREET IMPROVEMENTS 331 0 0 SELLAR, SEWELL, RUSS CLOSING 80 277 0 0 214 EAST DUPLEX IMPROVEMENTS 257 0 0 SHED 225 0 0 214 S.E. DUPLEX IMPROVEMENTS 175 0 0 LAMINATOR 174 0 0 EQUIPMENT LEASE 0 165 0 TV & SOUND SYSTEM 161 0 0 N BLVD BLDG-PROTECTIVE COATINGS 154 0 0 CONFERENCES 0 135 0 AIR CONDITIONER/RELATED COSTS; 134 0 0 DELL DESKTOPS 129 0 0 DOUGLAS STREET FIREWALL 128 0 0 HEATING-MORRISON EL HEATING 104 0 0 CDEC BEAUTY SALON EQUIPMENT PIN 98 0 0 DELL LAPTOP 91 0 0 AUDIO-VISUAL EQUIPMENT 67 0 0 MIKE ST IMPROVEMENTS 64 0 0 PROJECTOR & SCREEN 59 0 0 PROJECTOR 58 0 0 PRINTER 53 0 0 CELL PHONES 53 0 0 DESK TOP COMPUTER 53 0 0 COPIER 37 0 0 SIGN FOR BLLDG-SIGNCRAFTER 1003 37 0 0 CAMCORDER 30 0 0 TIME CLOCK 27 0 0 FAX MACHINE 16 0 0 OFFICE FURNITURE 15 0 0 FILE CABINET 15 0 0 DELL DESKTOP 13 0 0 SIGN 13 0 0 MANAGER'S DESK 13 0 0 CREDENZA 13 0 0 RECEPTION DESK 13 0 0 FURNITURE 10 0 0 6 SECRETARIAL CHAIRS 10 0 0 COFFEE TABLE 7 0 0 END TABLE 5 0 0