2022-09-12T15:51:42-05:00 2021-12-31 351476702 BRADY WARE & SCHOENFELD INC 3601 RIGBY ROAD SUITE 400 DAYTON OH 45342 990 2021-01-01 310821189 CITYWIDE DEVELOPMENT CORPORATION CITY 9378532529 8 N MAIN STREET DAYTON OH 45402 ROSALIE GEHRICH CHIEF FINANCIAL OFFICER 9378532529 2022-08-26 1 ROSALIE GEHRICH 999009999 MARY T COLEGATE CPA P00197566 9372235247 2022-08-26 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z ROSALIE GEHRICH 8 N MAIN STREET DAYTON OH 45402 1672796 0 X CITYWIDEDEV.COM X 1973 OH STRENGTHEN AND GROW DAYTON THROUGH STRATEGIC ECONOMIC AND COMMUNITY DEVELOPMENT. 17 17 19 0 0 0 0 0 971312 568642 22183 129116 537936 300 1531431 698058 0 0 0 0 2068590 2098859 0 0 0 -121753 -936884 1946837 1161975 -415406 -463917 40041038 39143278 31453112 31019269 8587926 8124009 STRENGTHEN AND GROW DAYTON THROUGH STRATEGIC ECONOMIC AND COMMUNITY DEVELOPMENT 0 0 706825 681515 CITYWIDE AND AFFILITES CLOSED A TOTAL OF $11M IN LOANS FOR PROJECTS TOTALING $164.7M OF INVESTMENT CREATING 115 JOBS IN THE DAYTON REGION. DAYTON REGION NEW MARKET FUND (DRNMF), AN AFFILIATE OF CITYWIDE DEVELOPMENT CORP., PLACED OVER $8M IN FEDERAL AND $1M IN STATE NEW MARKET TAX CREDITS TO FACILITATE THE FINANCING OF THE $12M CONSTRUCTION OF LIFE CONNECTION OF OHIO. LIFE CONNECTION OF OHIO IS A NONPROFIT THAT HAS FACILITATED ORGAN DONATION FOR MORE THAN 30 YEARS IN OHIO. CITYWIDE REMAINS HIGHLY ACTIVE IN THE TECH TOWN PROJECT, WHICH OFFERS A UNIQUE TECHNOLOGY SUPPORT SYSTEM THAT ENCOURAGES COLLABORATION, BUSINESS ACCELERATION, AND TECHNOLOGY COMMERCIALIZATION. CITYWIDE ALSO CONTINUES TO BE THE LEAD ORGANIZATION IN DAYTON FOR THE DESIGN AND IMPLEMENTATION OF COMPREHENSIVE COMMUNITY DEVELOPMENT. 706825 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 19 0 1 19 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ROSALIE GEHRICH 9378532529 8 N MAIN STREET DAYTON OH 45402 JOHN LUMPKIN VICE CHAIR 1.00 X X 0 0 0 DAVID MELIN SECRETARY 1.00 X X 0 0 0 ELOISE BRONER TRUSTEE 1.00 X 0 0 0 THOMAS BURKHARDT TREASUER 1.00 X X 0 0 0 SHELLEY DICKSTEIN TRUSTEE 1.00 X 0 0 0 RICHARD HAAS TRUSTEE 1.00 X 0 0 0 DR WILLIAM E HARRIS TRUSTEE 1.00 X 0 0 0 MARK HEITKAMP TRUSTEE 1.00 X 0 0 0 LASHEA LOFTON TRUSTEE 1.00 X 0 0 0 SHANNON MARTIN CHAIR 1.00 X X 0 0 0 DEBORAH NORRIS TRUSTEE 1.00 X 0 0 0 AL WOFFORD TRUSTEE 1.00 X 0 0 0 TERRI BETHEL TRUSTEE 1.00 X 0 0 0 TODD KINSKEY TRUSTEE 1.00 X 0 0 0 SHANNON ISOM TRUSTEE 1.00 X 0 0 0 TODD PLEIMAN TRUSTEE 1.00 X 0 0 0 JOSEPH GORDON TRUSTEE 1.00 X 0 0 0 BRIAN HEITKAMP PRESIDENT 40.00 X 197370 0 34667 STEVE NUTT ASSISTANT SECRETARY 40.00 X 125668 0 10054 ROSALIE GEHRICH CHIEF FINANCIAL OFFICER 40.00 X 149076 0 17391 DANIEL KANE ASSISTANT SECRETARY 40.00 X 183115 0 32714 655229 0 94826 7 0 1 0 0 ECONOMIC AND COMMUNITY DEVELOPMEN 561499 568642 568642 568642 16543 16543 1087311 974738 112573 112573 112573 MISCELLANEOUS INCOME 561499 300 300 300 698058 681515 0 16543 750055 656965 93090 1022667 895743 126924 79747 69850 9897 126166 110507 15659 120224 105303 14921 5981 4789 1192 41875 41875 7870 7870 22871 7250 15621 46287 46287 55681 55681 1183 1183 537 537 177655 177655 21827 21827 REAL ESTATE COSTS 396672 396672 MISCELLANEOUS 29358 17182 12176 BAD DEBT RECOVERIES -100354 -100354 MARK TO MARKET SWAP INT -137230 -137230 -1507097 -1507097 1161975 706825 455150 0 3467709 3911623 579326 529145 149848 100423 3037969 2984682 66976 52747 5586471 2150896 4475344 3435575 553862 484223 27710004 27644860 40041038 39143278 714822 688625 341934 339269 2796000 2796000 663406 650805 26936950 26544570 31453112 31019269 X 8587926 8124009 8587926 8124009 40041038 39143278 -463917 0 X X 0 1 X 1 1 1 5443725 2078038 3365687 142746 72858 69888 3435575 INTEREST RECEIVABLE 4341 PASS THRU LOANS RECEIVABLE 26064902 DUE FROM AFFILIATE 1575617 27644860 DEPOSITS 9136 PASS THRU LOANS PAYABLE 26321368 PASS THRU INTEREST PAYABLE 26539 MARK TO MARKET 187527 26544570 X PART X, LINE 2: ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES - ACCOUNTING STANDARDS REQUIRE THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN, IN THE COURSE OF PREPARING THE TAX RETURNS FOR CITYWIDE TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. THIS STATEMENT PROVIDES THAT TAX BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED IN THE COMBINED FINANCIAL STATEMENTS ONLY WHEN IT IS "MORE-LIKELY-THAN-NOT" THE POSITION WITH BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED UPON THE TECHNICAL MERITS AND CONSIDERATION OF ALL AVAILABLE INFORMATION. ONCE THE RECOGNITION THRESHOLD IS MET, THE PORTION OF THE TAX BENEFIT THAT IS RECORDED REPRESENTS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50 PERCENT LIKELY TO BE REALIZED UPON SETTLEMENT WITH A TAXING AUTHORITY. MANAGEMENT HAS DETERMINED THAT CITYWIDE HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2021. X X X X 0 0 0 0 0 0 0 0 0 BRIAN HEITKAMP PRESIDENT 178870 0 18500 0 0 0 18900 0 15767 0 232037 0 0 0 DANIEL KANE ASSISTANT SECRETARY 173115 0 10000 0 0 0 16947 0 15767 0 215829 0 0 0 ROSALIE GEHRICH CHIEF FINANCIAL OFFICER 142076 0 7000 0 0 0 12284 0 5107 0 166467 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION CONTRACTS WITH AN ACCOUNTING FIRM TO PREPARE THE INFORMATION RETURN, WHICH IS REVIEWED BY INTERNAL MANAGEMENT. INTERNAL MANAGEMENT FORWARDS A COPY OF THE RETURN TO AN OVERSIGHT COMMITTEE THAT APPROVES THE RETURN. THE BOARD IS PROVIDED A COPY OF THE APPROVED RETURN BEFORE THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REVIEWS THE CONFLICT OF INTEREST POLICY WITH BOARD OF TRUSTEES ANNUALLY. DURING BOARD MEETINGS MEMBERS ARE ASKED IF THEY HAVE ANY CONFLICT OF INTEREST REGARDING ANY AGENDA ITEMS. IF SO, THEY DO NOT VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS A COMPENSATION COMMITTEE THAT REVIEWS THE EXECUTIVE SALARIES. THE COMMITTEE HIRES AN OUTSIDE CONSULTANT WHICH PROVIDED A COMPENSATION SURVEY. THE EXECUTIVE SALARIES GO THROUGH AN APPROVAL PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THE FORM 1024 AND THE FORM 990 AVAILABLE UPON REQUEST. THE PUBLIC CAN REVIEW THESE DOCUMENTS IN THE ORGANIZATION'S ADMINISTRATIVE OFFICE. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT MADE ANY CHANGES IN PROCESSES OR PROCEDURES. DAYTON RESERVES LLC 8 N MAIN STREET DAYTON OH 45402 261625119 REAL ESTATE OH 320693 CITYWIDE DEVELOPMENT CORPORATION TECH TOWN HOLDINGS LLC 8 N MAIN STREET DAYTON OH 45402 272544380 REAL ESTATE OH 869283 CITYWIDE DEVELOPMENT CORPORATION GVG PROPERTIES LLC 8 N MAIN STREET DAYTON OH 45402 475234186 REAL ESTATE OH CITYWIDE DEVELOPMENT CORPORATION CWSR HOLDINGS LLC 8 N MAIN STREET DAYTON OH 45402 475497979 REAL ESTATE OH CITYWIDE DEVELOPMENT CORPORATION DAYTON PROGRESSIVE DEVELOPMENT LLC 8 N MAIN STREET DAYTON OH 45402 202914794 REAL ESTATE OH CITYWIDE DEVELOPMENT CORPORATION OREGON PARKING LLC 8 N MAIN STREET DAYTON OH 45402 263699303 REAL ESTATE OH CITYWIDE DEVELOPMENT CORPORATION DAYTON TECH TOWN 8 N MAIN STREET DAYTON OH 45402 310925683 ATTRACT AND SUPPORT GROWTH OF HIGH TECHNOLOGY BUSINESS IN THE CITY OF DAYTON OH 501(C)(4) 0 CITYWIDE PROJECTS INC 8 N MAIN STREET DAYTON OH 45402 237302601 ACQUIRE LAND AND PROPERTIES FOR VARIOUS COMMUNITY DEVELOPMENT WITHIN DAYTON OH 501(C)(4) 0 TECH TOWN NEW MARKET INC 8 N MAIN STREET DAYTON OH 45402 900754052 TO DEVELOPMENT OR REDEVELOP BLIGHTED AREAS WITHIN THE CITY OF DAYTON OH 501(C)(4) 0 CITYWIDE SMALL BUSINESS DEVELOPMENT CORP 8 N MAIN STREET DAYTON OH 45402 311009303 CERTIFIED DEVELOPMENT COMPANY OF THE US SBA. PROVIDES FIXED ASSET FINANCING. OH 501(C)(4) 0 CITYWIDE NEIGHBORHOOD DEVELOPMENT CORP 8 N MAIN STREET DAYTON OH 45402 310885010 TO BUILD AND REVITALIZE NEIGHBORHOODS WITHIN THE CITY OF DAYTON OH 501(C)(3) LINE 7 0 DAYTON REGION NEW MARKET FUND LLC 8 N MAIN STREET DAYTON OH 45402 272260603 CERTIFIED DEVELOPMENT COMPANY & COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION OH 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 DAYTON REGION NEW MARKET FUND N 36178 DAYTON REGION NEW MARKET FUND O 383693 DAYTON REGION NEW MARKET FUND Q 439912 CITYWIDE SMALL BUSINESS DEVELOPMENT CORP N 16096 CITYWIDE SMALL BUSINESS DEVELOPMENT CORP O 264341 CITYWIDE SMALL BUSINESS DEVELOPMENT CORP Q 67087 CITYWIDE NEIGHBORHOOD DEVELOPMENT CORP N 70042 CITYWIDE NEIGHBORHOOD DEVELOPMENT CORP O 617073 CITYWIDE NEIGHBORHOOD DEVELOPMENT CORP Q 687115 DAYTON TECH TOWN INC N 7748 DAYTON TECH TOWN INC O 56637 DAYTON TECH TOWN INC Q 0 TECH TOWN NEW MARKET INC N 3103 TECH TOWN NEW MARKET INC O 52187 TECH TOWN NEW MARKET INC Q 0