FOUNDATION FOR THE UPTOWN REINVESTMENT CORPORATION: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization
FOUNDATION FOR THE UPTOWN REINVESTMENT CORPORATION (EIN 20-2159723)
Tax period
2009-10-01 to 2010-09-30
Filed
2011-05-10
IRS object ID
201121309349300917
Schema version
2009v1.7
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)
Timestamp2011-05-10T08:37:33-05:00Timestamp
Tax Period End Date2010-09-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

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

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line15206 GATEWAY CENTRE SUITE 100AddressLine1
CityFLINTCity
StateMIState
ZIP Code48507ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2009-10-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN202159723EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1FOUNDATION FOR UPTOWN REINVESTMENTBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlFOUNNameControl
Phone8106001410Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1519 S SAGINAW ST - SUITE 200AddressLine1
CityFLINTCity
StateMIState
ZIP Code48502ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameTIM HERMANName
TitlePRESIDENTTitle
Phone8106001410Phone
Date Signed2011-05-15DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameKIM H LINDSAYName
Phone8102384617Phone
Date Prepared2011-05-09DatePrepared
FieldValueIRS element (for citing)
Tax Year2009TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonTIM HERMANNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1519 S SAGINAW ST - SUITE 200AddressLine1
CityFLINTCity
StateMIState
ZIP Code48502ZIPCode
FieldValueIRS element (for citing)
Gross Receipts10736709GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501cXOrganization501c
Type Of Organization CorporationXTypeOfOrganizationCorporation
State Legal DomicileMIStateLegalDomicile
Activity Or Mission DescriptionSUPPORTING THE UPTOWN REINVESTMENT CORPORATION (501(C)(3)ORAGNIZATION) IN ITS MISSION OF PROMOTING ECONOMIC GROWTH AND DEVELOPMENT IN DOWNTOWN, FLINT, MICHIGAN.ActivityOrMissionDescription
Nbr Voting Members Governing Body16NbrVotingMembersGoverningBody
Nbr Independent Voting Members0NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Gross UBI0TotalGrossUBI
Contributions Grants Prior Year232568ContributionsGrantsPriorYear
Contributions Grants Current Year10734360ContributionsGrantsCurrentYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year10266InvestmentIncomePriorYear
Investment Income Current Year2349InvestmentIncomeCurrentYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year242834TotalRevenuePriorYear
Total Revenue Current Year10736709TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year620509GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY11151469GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year168485OtherExpensePriorYear
Other Expenses Current Year154OtherExpensesCurrentYear
Total Expenses Prior Year788994TotalExpensesPriorYear
Total Expenses Current Year11151623TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-546160RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-414914RevenuesLessExpensesCY
Total Assets BOY23257019TotalAssetsBOY
Total Assets EOY22872107TotalAssetsEOY
Total Liabilities BOY21750000TotalLiabilitiesBOY
Total Liabilities EOY21780002TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY1507019NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY1092105NetAssetsOrFundBalancesEOY
Mission DescriptionSUPPORTING THE UPTOWN REINVESTMENT CORPORATION (501(C)(3)ORAGNIZATION) IN ITS MISSION OF PROMOTING ECONOMIC GROWTH AND DEVELOPMENT IN DOWNTOWN, FLINT, MICHIGAN.MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense11151623Expense
Grants11151469Grants
DescriptionGRANTS TO AND EXPENSES PAID ON BEHALF OF THE UPTOWN REINVESTMENT CORPORATIONDescription
Total Program Service Expense11151623TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredfalseScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentsfalseTermOrPermanentEndowments
Balance Sheet Amounts ReportedtrueBalanceSheetAmountsReported
Independent Audit Financial StmttrueIndependentAuditFinancialStmt
Consolidated Audit Financial StmttrueConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiesfalseFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationstrueGrantsToOrganizations
Grants To IndividualsfalseGrantsToIndividuals
Schedule J RequiredfalseScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntityfalseRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With10960NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees0NumberOfEmployees
Unrelated Business IncomefalseUnrelatedBusinessIncome
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Nbr Voting Governing Body Members16NbrVotingGoverningBodyMembers
Number Independent Voting Members0NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodyfalseForm990ProvidedToGoverningBody
Conflict Of Interest PolicyfalseConflictOfInterestPolicy
Whistleblower PolicyfalseWhistleblowerPolicy
Document Retention PolicyfalseDocumentRetentionPolicy
Compensation Process CEOfalseCompensationProcessCEO
Compensation Process OtherfalseCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonTIM HERMANNamePerson
Telephone Number8106001410TelephoneNumber

Address US AddressUS

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

Form990 Part VII Section A Form990PartVIISectionA (16 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficer
BOB NICHOLS
DIRECTOR5.00X000
DAVID LOSSING
DIRECTOR5.00X000
GREG FIEDLER
DIRECTOR5.00X000
LOYST FLETCHER
DIRECTOR5.00X000
KATHI HORTON
DIRECTOR5.00X000
REV REGINALD FLYNN
DIRECTOR5.00X000
TODD M JOHNSON
DIRECTOR5.00X000
DAN KILDEE
DIRECTOR5.00X000
BOB KITTEL
DIRECTOR5.00X000
BARBARA VEASLEY
DIRECTOR5.00X000
TIM HERMAN
PRESIDENT5.00000X
CLAUDE HIGH
V.PRESIDENT5.00000X
INEZ BROWN
CHAIR5.00000X
STUART FORSYTH
TREASURER5.00000X
LEWIS DRISKELL
AT-LARGE5.00000X
SAM HARRIS
V. CHAIR/SEC5.00000X
FieldValueIRS element (for citing)
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources
All Other Contributions10734360AllOtherContributions
Total Contributions10734360TotalContributions

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column2349TotalRevenueColumn
Exclusion$2,349ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column10736709TotalRevenueColumn
Exclusion$2,349ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total11151469Total
Program Services11151469ProgramServices

Other Expenses OtherExpenses (2 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServices
ADMINISTRATIVE8686
MISCELLANEOUS EXPENSE6868

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total11151623Total
Program Services11151623ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY292895BOY
EOY366181EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY728649BOY
EOY280451EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY10475BOY
EOY475EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
BOY22225000BOY
EOY22225000EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY23257019BOY
EOY22872107EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
EOY30002EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY21750000BOY
EOY21750000EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY21750000BOY
EOY21780002EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY171969BOY
EOY307055EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY1335050BOY
EOY785050EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY1507019BOY
EOY1092105EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY23257019BOY
EOY22872107EOY
FieldValueIRS element (for citing)
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited
Audit CommitteetrueAuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit RequiredfalseFederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2XPubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years2250000CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years4382668CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years342340CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year232568CurrentTaxYearMinus1Year
Current Tax Year10734360CurrentTaxYear
Total17941936Total

Total509 Total509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years2250000CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years4382668CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years342340CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year232568CurrentTaxYearMinus1Year
Current Tax Year10734360CurrentTaxYear
Total17941936Total
FieldValueIRS element (for citing)
Public Support Total50917941936PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years40747CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years99337CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years54233CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year10266CurrentTaxYearMinus1Year
Current Tax Year2349CurrentTaxYear
Total206932Total

Investment Income And UBTI InvestmentIncomeAndUBTI

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years40747CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years99337CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years54233CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year10266CurrentTaxYearMinus1Year
Current Tax Year2349CurrentTaxYear
Total206932Total

Total Support Total TotalSupportTotal

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years2290747CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years4482005CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years396573CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year242834CurrentTaxYearMinus1Year
Current Tax Year10736709CurrentTaxYear
Total18148868Total
FieldValueIRS element (for citing)
Public Support Percentage5090.98860PublicSupportPercentage509
Prior Year Support Percentage0.97240PriorYearSupportPercentage
Investment Income Percentage0.01000InvestmentIncomePercentage
Prior Yr Invest Income Percentage0.03000PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509XThirtyThreePercntTestsCY509

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Disclosed Orgs Legal ControlfalseDisclosedOrgsLegalControl
Disclosed For Charitable PurposesfalseDisclosedForCharitablePurposes
Written Policy MonitoringfalseWrittenPolicyMonitoring
Sect170h Requirements SatisfiedfalseSect170hRequirementsSatisfied
Solicited Assets For SalefalseSolicitedAssetsForSale
Agent Trustee EtcfalseAgentTrusteeEtc
Included On FSfalseIncludedOnFS
Endowments Held By Unrelated OrgsfalseEndowmentsHeldByUnrelatedOrgs
Endowments Held By Related OrgsfalseEndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule RfalseAreRelatedOrgsListedScheduleR

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescriptionAmountAmount
LOAN - MOTT FOUNDATION$16,250,000
LOAN - CSM - ROWE BLDG$5,500,000
FieldValueIRS element (for citing)
Total Of Amounts21750000TotalOfAmounts
Total Revenue10736709TotalRevenue
Total Expenses11151623TotalExpenses
Excess Or Deficit For Year-414914ExcessOrDeficitForYear
Excess Or Deficit Per FS-414914ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt10736709TotRevenueEtcAuditedFinclStmt
Revenue Subtotal10736709RevenueSubtotal
Total Revenue Per Form99010736709TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt11151623TotExpensesEtcAuditedFinclStmt
Expenses Subtotal11151623ExpensesSubtotal
Total Expenses Per Form99011151623TotalExpensesPerForm990

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records MaintainedfalseRecordsMaintained

Recipient Table RecipientTable

Recipient Name Business RecipientNameBusiness

FieldValueIRS element (for citing)
Business Name Line1UPTOWN REINVESTMENT CORPBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1519 S SAGINAW STAddressLine1
CityFLINTCity
StateMIState
ZIP Code48502ZIPCode
FieldValueIRS element (for citing)
EIN Of Recipient383493359EINOfRecipient
IRC Section3IRCSection
Amount Of Cash Grant11151469AmountOfCashGrant

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (2 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990FORM 990, PAGE 6, PART VI, LINE 11THE 990 INFORMATIONAL RETURN IS PROVIDED FOR REVIEW PRIOR TO FILING WITH THE IRS.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATIONFORM 990, PAGE 6, PART VI, LINE 19DOCUMENTS AVAILABLE UPON REQUEST.

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