2024-05-14T13:05:49-04:00 2023-12-31 383079404 STRALEY LAMP & KRAENZLEIN PC PO BOX 738 ALPENA MI 497070738 990 2023-01-01 382860480 TARGET ALPENA DEVELOPMENT CORPORATION TARG 9893543181 235 W CHISHOLM ALPENA MI 49707 MIKE MAHLER EXECUTIVE DIRECTOR 9893543181 2024-05-10 true MIKE MAHLER XXX-XX-XXXX true JAMES E KRAENZLEIN CPAABVCFFCVA P01254701 9893564531 2024-05-10 2023 2023-04-26 12:10:37Z ANNE GENTRY 124 E CHISHOLM STREET ALPENA MI 497072818 347545 false X WWW.TARGETALPENA.COM X 1989 MI TO PROMOTE THE SOCIAL AND GENERAL WELFARE OF ALPENA COUNTY. 12 12 0 0 107157 257127 23868 30039 478 38756 1452 5000 132955 330922 0 0 84680 129513 0 1405 12595 130356 97275 259869 35680 71053 1365489 1193333 31273 3679 1334216 1189654 TO PROMOTE THE SOCIAL AND GENERAL WELFARE OF ALPENA COUNTY. false false 215151 CONTINUED TO MANAGE AND SUPPORT REVOLVING LOAN FUND AND MICRO-REVOLVING LOAN FUND PROVIDING LOW INTEREST LOANS FOR SMALL BUSINESS. ALSO DEVELOPED INDUSTRIAL PARK AND SUPPORTED COMMUNITY PROJECTS IN CONJUNCTION WITH THE CHAMBER OF COMMERCE, DOWNTOWN DEVELOPMENT AUTHORITY, AND THE PUBLIC SCHOOL SYSTEM. 215151 true true false false false false false false false false true false false false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 3 0 false 0 false false false false false false false false X 12 12 false false false false false false false true true false false false true true false false false true false false MI X MIKE MAHLER 9893543181 235 W CHISHOLM ALPENA MI 49707 X TODD BRITTON BOARD MEMBER 2.00 X 0 0 0 COREY CANUTE BOARD MEMBER 2.00 X 0 0 0 KEN DRAGIEWICZ BOARD MEMBER 2.00 X 0 0 0 ANNE GENTRY PRESIDENT 2.00 X 0 0 0 DON MACMASTER PAST PRESIDE 2.00 X 0 0 0 MICHAEL NOWAK BOARD MEMBER 2.00 X 0 0 0 JESSE OSMER BOARD MEMBER 2.00 X 0 0 0 SCOTT PAULY BOARD MEMBER 2.00 X 0 0 0 NATHAN SKIBBE PAST PRESIDE 2.00 X 0 0 0 MARTY THOMSON BOARD MEMBER 2.00 X 0 0 0 DENNIS WERNER BOARD MEMBER 2.00 X 0 0 0 STEVE WILSON BOARD MEMBER 2.00 X 0 0 0 false false false 219669 37458 257127 LOAN FUND INTEREST - RLF LOAN 24672 24672 LOAN FUND FEES - RLF FEES 3260 3260 LOAN FUND INTEREST - MRLF LOA 1347 1347 LOAN ORIGINATION FEES - RLF 500 500 LOAN FUND FEES - MRLF FEES 260 260 30039 5379 5379 50000 16623 33377 33377 33377 OTHER INCOME 5000 5000 5000 330922 73795 119489 113514 4780 1195 743 706 30 7 9281 8817 371 93 8150 8150 151 151 6740 6740 4612 4612 6466 6466 1801 1711 72 18 4 4 21845 21845 GRANT EXPENSES 66093 66093 PROPERTY TAXES 6092 5787 244 61 RHP GRANT EXPENSES 3833 3833 TELEPHONE & UTILITIES 2650 2517 106 27 1919 940 975 4 259869 215151 43313 1405 911791 789237 321118 287516 1096 1096 116287 803 131484 115484 1365489 1193333 418 1345 30855 2334 31273 3679 X 926346 997398 407870 192256 1334216 1189654 1365489 1193333 X 71053 -215615 X true false true false X 111856 105608 107157 257127 581748 40684 91119 25798 40418 198019 152540 196727 132955 297545 779767 779767 883 883 883 883 153423 196727 132955 297545 780650 0.99890 0.99720 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 115484 115484 803 803 115484 OPTION AGREEMENT 5000 HOUSING NEEDS ASSESSMENT 3000 PRESQUE ISLE EDC SERVICE 2771 DIRECT DEPOSIT PAYABLE -8437 2334 330922 330922 330922 259869 259869 259869 FORM 990, PAGE 6, PART VI, LINE 11B RETURN IS SUBMITTED TO EXECUTIVE DIRECTOR FOR REVIEW PRIOR TO ELECTONIC FILING OF RETURN. SIGNATURE IS OBTAINED FOR APPROVAL. FORM 990, PAGE 6, PART VI, LINE 15A ANNUAL PERFORMANCE REVIEWS ARE MADE BY THE BOARD REGARDING THE EXECUTIVE DIRECTOR. FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST FORM 990, PART XI, LINE 9 DESIGNATED CONTRIBUTIONS 0 FUNDS RETURNED -215,615 TOTAL -215,615