2024-07-18T06:47:10-05:00 2023-12-31 611064249 DEMING MALONE LIVESAY & OSTROFF PSC 9300 SHELBYVILLE RD STE 1100 LOUISVILLE KY 402225187 990 2023-01-01 843961078 THE VILLAGE AT WEST JEFFERSON INC VILL 5024178438 1219 W JEFFERSON ST 204 LOUISVILLE KY 40203 JAMESETTA FERGUSON PRESIDENT 5024178438 2024-07-15 1 JAMESETTA FERGUSON 999009999 0 CHRISTINE N KOENIG P01022180 5024269660 2024-07-14 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z JAMESETTA FERGUSON 1219 W JEFFERSON ST 204 LOUISVILLE KY 40203 220754 0 X MOLOVILLAGECDC.ORG X 2019 KY TO SUPPORT MOLO VILLAGE CDC, CO.'S MISSION. 5 2 0 2 0 0 0 0 0 0 220754 220754 0 0 220754 220754 0 0 0 0 0 0 0 0 0 231100 231079 231100 231079 -10346 -10325 5183367 5183448 4159311 4169717 1024056 1013731 X THE VILLAGE AT WEST JEFFERSON, INC. WAS CREATED IN 2019 TO SUPPORT MOLO VILLAGE CDC, CO.'S MISSION BY EXPANDING THE SOCIAL SERVICES AVAILABLE TO LOCAL RESIDENTS BOTH DIRECTLY AND INDIRECTLY THROUGH PARTNERSHIPS WITH OTHER MISSION-ALIGNED ORGANIZATIONS (SEE SCHEDULE O) SMALL BUSINESSES, AND ENTREPRENEURS. 0 0 TO SUPPORT MOLO VILLAGE CDC, CO.'S MISSION OF PROVIDING SOCIAL SERVICES FOR LOCAL RESIDENTS. THE ORGANIZATION CLOSED A NEW MARKETS TAX CREDIT TRANSACTION WITH FUNDING UTILIZED TO CONSTRUCT A MIXED USE FACILITY IN THE RUSSELL COMMUNITY. 1 0 0 0 0 0 0 0 0 0 0 0 0 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 2 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 KY X JAMESETTA FERGUSON 5024178438 1219 W JEFFERSON ST 204 LOUISVILLE KY 40203 REV DR JAMESETTA FERGUSON PRESIDENT 10.00 40.00 X X 0 81250 0 THOMAS WILLIAMS SR VICE PRESIDENT 10.00 40.00 X X 0 3040 0 JOHNETTA ROBERTS SECRETARY, TREASURER 10.00 1.00 X X 0 4250 0 RAYMOND SMITH DIRECTOR 10.00 X 0 0 0 G DERRICK HODGE DIRECTOR 10.00 X 0 0 0 0 88540 0 0 0 0 0 0 220754 220754 220754 0 0 220754 230906 230906 BANK CHARGES 173 173 231079 0 231079 0 3039 3120 4845886 4845886 334442 334442 5183367 5183448 4158811 4169217 500 500 4159311 4169717 X 1024056 1013731 1024056 1013731 5183367 5183448 -10325 0 X 1 X 0 1 0 X X X 1 MOLO VILLAGE CDC CO 275347893 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 SECTION A LINE 1 AS STATED IN THE GOVERNING DOCUMENTS, THE ORGANIZATION WAS ESTABLISHED DECEMBER 12, 2019 TO SUPPORT MOLO VILLAGE CDC, CO. (EIN: 27-5347893) WHOSE MISSION IS TO EXPAND SOCIAL SERVICES THROUGH PARTNERSHIPS WITH OTHER MISSION-ALIGNED ORGANIZATIONS, SMALL BUSINESSES, AND ENTREPRENEURS. AN INITIAL CAPITALIZATION GRANT OF $1,057,612 FROM MOLO VILLAGE CDC, CO. IN 2019 WAS USED BY THE ORGANIZATION TO MAKE A LEVERAGE LOAN RELATED TO A NEW MARKETS TAX CREDITS TRANSACTION. THIS TRANSACTION PROVIDES AN INDIRECT SOURCE OF CAPITAL TO FUND CONSTRUCTION ACTIVITIES WHICH SUPPORT THE NONPROFIT MISSION OF MOLO VILLAGE CDC, CO. THE REVENUE FROM THE LEVERAGE LOAN WILL SUPPORT THE LONG-TERM OPERATING EXPENSES OF THE ORGANIZATION. 0 DUE FROM RELATED ORGANIZATION 334442 334442 DUE TO RELATED ORGANIZATION 500 500 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL, STATE AND LOCAL INCOME TAXES AS A NONPROFIT ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION FILES AN INFORMATIONAL TAX RETURN IN THE U.S. FEDERAL JURISDICTION. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. MANAGEMENT DOES NOT BELIEVE THE ORGANIZATION HAS UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31,2023. AS OF DECEMBER 31, 2023 THE ORGANIZATION DID NOT HAVE ANY ACCRUED INTEREST OR PENALTIES RELATED TO INCOME TAX LIABILITIES, AND NO INTEREST OR PENALTIES HAVE BEEN CHARGED TO OPERATIONS FOR THE YEAR THEN ENDED. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEWS THE FINANCIAL STATEMENTS OF THE ORGANIZATION ON WHICH THE FEDERAL FORM 990 IS BASED. THE BOARD OF DIRECTORS RELIES ON MANAGEMENT TO REVIEW AND FILE THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MAINTAINS A CONFLICT OF INTEREST POLICY THAT IS ANNUALLY REVIEWED BY THE BOARD OF DIRECTORS FOR ANY POTENTIAL CONFLICTS OF INTEREST, WITH ONGOING AWARENESS MAINTAINED THROUGHOUT THE YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. MOLO VILLAGE CDC CO 1219 W JEFFERSON ST STE 204 LOUISVILLE KY 40203 275347893 SUPPORTING RESIDENTS OF WEST LOUISVILLE. KY 501 (C) (3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0