2012-03-05T12:32:49-06:00 2011-09-30 SS&G INC 32125 SOLON ROAD SOLON OH 441392284 990 2010-10-01 341251206 VILLA MERCEDE COMMUNITY URBAN REDEVELOPMENT CORPORATION VILL 2169611331 1331 W 70TH STREET CLEVELAND OH 44102 FRANK DONOFRIO 2169611331 2012-03-05 1 MARY ANN GEHRINGER 4402488787 2012-03-05 2010 2016-02-24 21:20:13Z FRANK DONOFRIO 1331 W 70TH STREET CLEVELAND OH 44102 1643004 0 X N/A X 1986 OH TO PROVIDE LOW INCOME HOUSING FOR THE ELDERLY 8 8 0 9 0 0 0 0 1622071 1630701 2812 1983 20128 10320 1645011 1643004 0 0 0 0 153606 143298 0 0 0 1084212 1046392 1237818 1189690 407193 453314 2439311 2829181 2622516 2559072 -183205 270109 TO PROVIDE LOW INCOME HOUSING FOR THE ELDERLY 0 0 981448 1630701 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. 981448 1 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 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 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 DONOFRIO 0.50 X X 0 0 0 JOSEPH ISABELLA 0.50 X X 0 0 0 MARY GORMAN 0.50 X X 0 0 0 JOHANNA SFISCKO 0.50 X 0 0 0 FR RICHARD RASCH 0.50 X 0 0 0 ANTHONY COSTANZO 0.50 X 0 0 0 RONALD CORENO 0.50 X 0 0 0 JOSEPH BIASIOTTA 0.50 X 0 0 0 CHARLIE MANNO 0.50 X X 0 0 0 THERESA ANTONUCCI 0.50 X 0 0 0 0 0 0 0 0 0 0 THYSSENKRUPP ELEVATOR CORP 114 TOWN PARK DR STE 300 KENNESAW GA 30144 ELEVATOR REPLACEMENT 289320 1 RENTAL INCOME 531110 1626279 1626279 LAUNDRY AND VENDING IN 531110 4422 4422 1630701 1983 1983 10320 10320 10320 10320 1643004 1630701 0 12303 114498 54181 60317 9230 4368 4862 19570 9261 10309 75600 75600 13175 13175 200 200 27661 27661 332948 332948 155957 155957 175791 175791 33162 33162 OPER./MAINT. CONTRACTS 134194 134194 OPER./MAINT. SUPPLIES 24654 24654 SERVICE EXPENSE 20850 20850 HVAC MAINTENANCE 20242 20242 LOSS ON FIXED ASSETS WR 14396 14396 17562 15840 1722 1189690 981448 208242 0 178013 222157 569004 526694 4694 7652 6986 12056 5736510 3942670 1538344 1793840 33970 142270 232812 2439311 2829181 211462 342271 3141 177 2371681 2179124 36232 37500 2622516 2559072 X -183205 270109 -183205 270109 2439311 2829181 453314 0 X X 0 1 1 X 1 1 X 1170745 1208066 1607370 1656420 1630701 7273302 1170745 1208066 1607370 1656420 1630701 7273302 0 0 0 7273302 3655 1897 938 2812 1983 11285 3655 1897 938 2812 1983 11285 9600 8800 9600 9600 10320 47920 1184000 1218763 1617908 1668832 1643004 7332507 0.99190 0.98610 0.00150 0.00240 X SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: CELLULAR TOWER INCOME 149946 149946 4967763 3585557 1382207 111993 68356 43637 506808 288757 218050 1793840 TENANT SECURITY DEPOSITS 40717 WORKERS COMPENSATION AND OTHER DEPOSITS 645 CONSTRUCTION IN PROGRESS 191450 232812 TENANT SECURITY DEPOSITS 37500 37500 1643004 1189690 453314 0 453314 1666956 23952 23952 1643004 0 1643004 1213642 23952 23952 1189690 0 1189690 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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). DURING FISCAL YEAR 2010, THE CORPORATION 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 2007 THROUGH 2009. 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, 2011 AND 2010. 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.