2024-11-08T10:24:07-06:00 2023-12-31 251390233 WESSEL & COMPANY 215 MAIN STREET JOHNSTOWN PA 15901 990 2023-01-01 812565745 JARI GROWTH FUND INC JARI 8145358675 245 MARKET STREET SUITE 200 JOHNSTOWN PA 159012910 LINDA THOMSON PRESIDENT 8145358675 2024-10-28 1 0 AMY J EDMISTON CPA P00631612 8145367864 2024-10-28 2023 2024-10-15 13:58:12Z LINDA THOMSON 245 MARKET STREET SUITE 200 JOHNSTOWN PA 159012910 1501460 0 X N/A X 2016 PA PROMOTION OF ECONOMIC DEVELOPMENT IN ECONOMICALLY DISTRESSED COMMUNITIES IN THE SOUTHERN ALLEGHENIES REGION OF PENNSYLVANIA BY ENGAGING IN ACTIVITIES DIRECTED AT CREATING SUSTAINABLE JOBS, ENCOURAGING INVESTMENT AND ECONOMIC GROWTH, ENHANCING THE QUALITY OF LIFE FOR THE RESIDENTS OF THE REGION AND IMPROVING HOUSING AND OTHERWISE ADDRESSING THE NEEDS OF LOW TO MODERATE INCOME RESIDENTS OF DISADVANTAGED, POOR AND MINORITY COMMUNITIES WITHIN THE REGION. 8 8 0 8 0 0 857457 1345108 0 0 61278 129062 13416 27290 932151 1501460 0 0 0 0 0 0 0 0 0 191232 327410 191232 327410 740919 1174050 2596146 3638906 1288407 1157117 1307739 2481789 SEE SCHEDULE O 0 0 308612 PROVIDING FUNDS, MANAGEMENT ASSISTANCE, MANAGEMENT AND LABOR TRAINING, AND FINANCIAL ASSISTANCE TO NEW AND DISTRESSED BUSINESSES AND BUSINESSES IN LOW INCOME DISTRESSED AREAS THAT EMPLOY OR MIGHT EMPLOY AND MODERATE INCOME INDIVIDUALS AS A COMMUNITY-BASED SPECIALIZED FINANCIAL INSTITUTION. 308612 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 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 0 1 0 0 0 1 30 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 1 1 1 1 0 1 1 0 1 1 1 0 0 0 0 0 PA X JOHNSTOWN AREA REGIONAL INDUSTRIES 8145358675 245 MARKET STREET SUITE 200 JOHNSTOWN PA 15901 ROSE M LUCEY-NOLL DIRECTOR 0.25 X 0 0 0 BRADLEY R BURGER VICE CHAIR 0.25 X X 0 0 0 RUSSELL KIEL TREASURER 0.25 X X 0 0 0 REV SYLVIA J KING DIRECTOR 0.25 X 0 0 0 KAREN STRUBLE MYERS SECRETARY 0.25 X X 0 0 0 STEVEN HOWSARE CHAIR 0.25 X X 0 0 0 MICHAEL ALBERTS DIRECTOR 0.25 X 0 0 0 DAVID MROZOWSKI DIRECTOR 0.25 X 0 0 0 LINDA THOMSON PRESIDENT 1.00 40.00 X 0 172190 26948 MICHELE CLAPPER VICE PRESIDENT 1.00 40.00 X 0 102160 28483 BRENDA FIKE CFO 1.00 40.00 X 0 81527 17554 0 355877 72985 0 0 1 0 0 1345108 1345108 129062 129062 APPLICATION & CLOSING 561000 21780 21780 FEE FOR SERVICE INCOME 561000 5000 5000 BAD DEBT RECOVERY 561000 510 510 27290 1501460 0 0 156352 2582 2582 9250 9250 6509 6509 5298 4770 528 14215 14215 1357 1357 1967 1967 FEES FOR SERVICE 113157 109553 3604 MAINTENANCE 64421 64421 GRANT CONTRACTOR EXPENS 56519 56519 SUPPLIES AND POSTAGE 39593 39484 109 12542 7818 4724 327410 308612 18798 0 1243329 1384705 53264 46723 1295709 2202981 4070 1583 3844 2487 0 2010 2596146 3638906 224514 438730 337142 41136 726751 677251 1288407 1157117 X 1020433 2232327 287306 249462 1307739 2481789 2596146 3638906 1174050 0 X X 0 1 X 1 1 1 X 153936 174567 480331 857457 1345108 3011399 153936 174567 480331 857457 1345108 3011399 3011399 19112 37129 49985 61278 129062 296566 3307965 0.91030 0.90570 X 4070 1583 2487 2487 X 1501460 0 1501460 0 1501460 327410 0 327410 0 327410 PART X, LINE 2: JGF IS A NONPROFIT CORPORATION ORGANIZED UNDER THE LAWS OF THE COMMONWEALTH OF PENNSYLVANIA. JGF IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT HAS ANALYZED THE TAX POSITION TAKEN BY JGF AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. JGF'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. JGF IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. JGF'S TAX RETURNS ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES FOR THREE YEARS. JGF'S TAX RETURNS FOR THE YEARS 2020 AND FORWARD ARE OPEN TO EXAMINATION. X X X 0 0 0 0 0 0 0 0 0 LINDA THOMSON PRESIDENT 0 172190 0 0 0 0 0 16000 0 10948 0 199138 0 0 FORM 990, PART VI, SECTION A, LINE 7A FORM 990, PART VI, LINE 7A- ELECTION OF MEMBERS AND THEIR RIGHTS JOHNSTOWN AREA REGIONAL INDUSTRIES, THE SOLE MEMBER OF JARI GROWTH FUND, APPOINTS THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B FORM 990, PART VI, LINE 7B- DECISIONS SUBJECT TO APPROVAL OF MEMBERS DECISIONS SUBJECT TO APPROVAL OF MEMBERS OF JOHNSTOWN AREA REGIONAL INDUSTRIES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990, PART VI, LINE 11B- ORGANIZATION'S PROCESS TO REVIEW FORM 990 JARI'S CFO REVIEWS THE FORM 990 AND SUPPORTING SCHEDULES, AND THE INDIVIDUAL REPORTS BACK TO JARI GROWTH FUND'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C FORM 990, PART VI, LINE12C- ENFORCEMENT OF CONFLICTS POLICY ALL FORMS ARE REVIEWED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION - NO DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. JOHNSTOWN AREA REGIONAL INDUSTRIES 245 MARKET STREET JOHNSTOWN PA 15901 CREATE JOB PA 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 JOHNSTOWN AREA REGIONAL INDUSTRIES L