2024-11-06T09:07:08-05:00 2023-12-31 472461346 WELLS CPA LLC 215 N FRONT ST STE 110 COLUMBUS OH 43215 990 2023-01-01 311384497 MIRACIT DEVELOPMENT CORPORATION INC MIRA 6144712202 2177 MOCK ROAD COLUMBUS OH 43219 SHARON DAVIS TREASURER 6144712202 2024-11-06 false DONALD WELLS P01867509 6143968974 2024-11-06 X 2023 2024-10-15 13:58:12Z SHARON DAVIS 2177 MOCK ROAD COLUMBUS OH 43219 236089 false X MIRACIT.ORG X 1993 OH MIRACIT'S MISSION IS TO BRING A HOLISTIC APPROACH TO REVITALIZATION TO DETERIORATING NEIGHBOURHOODS BY DEVELOPING ATTRATIVE, AFFORDABLE HOUSING AND HOME UPKEEP PROGRAMS;PROMOTING NEIGHBORHOOD BEAUTIFICATION AND SAFETY; PRESERVING EXISTING PARK AREAS AND ADDRESSING PUBLIC SERVICE NEEDS; FACILITATING ACESS TO EDUCATIONAL AND TECHNOLOGICAL OPPORTUNITIES, JOB TRAINING, AND CHILDCARE SERVICES; AND STRENTHENING THE ECONOMIC VIABILITY OF THE NEIGHBOURHOOD THROUGH BUSINESS STIMULATION. 9 6 0 16 0 906155 0 359263 235839 1157199 250 14518 0 2437135 236089 0 0 0 0 0 384300 269089 384300 269089 2052835 -33000 1587326 1359761 361773 167208 1225553 1192553 X MIRACIT'S PURPOSE IS TO BE A PROACTIVE CATALYST FOR THE REVITALIZATION OF THE SURROUNDING NEIGHBORHOOD. IT WAS FOUNDED TO OBTAIN AND USE CONTRIBUTIONS, GRANTS AND LOANS TO IMPROVE THE HOUSING IN THE SURROUNDING NEIGHBORHOOD AND TO DEVELOP REAL ESTATE FOR LOW AND MODERATE INCOME INDIVIDUALS. false false 121093 104496 AFFORDABLE RENTAL HOUSING 133389 131343 COMMUNITY PROJECTS 8436 CONSTRUCTION AND REHAB 262918 true false false false false false false false false false true false false true true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 9 0 0 false false false false false false false false false false false false false false X 9 6 false false false false false false false true true false false true true true true true true true true false OH X SHARON FRANCIS 6144712202 2177 MOCK ROAD COLUMBUS OH 43219 DR EDGAR POSEY CHAIRMAN 1.00 X X 0 196935 0 DARRELL FRANCIS VICE CHAIRMA 2.00 X X 0 0 0 SHARON DAVIS TREASURER 2.00 X X 0 46976 0 CHANTAL GREEN SECRETARY 1.00 X X 0 6500 0 ANGELETHA ROGERS ASSISTANT SE 1.00 X 0 0 0 NATHANIEL WILLIAMS ASSISTANT TR 1.00 X 0 0 0 RHONDA SMITH MEMBER 1.00 X 0 0 0 KAMINA MABRY MEMBER 1.00 X 0 0 0 JEANEEN HOOKS MEMBER 1.00 X 0 0 0 250411 false true false RENTAL INCOME 531390 209756 209756 FEE INCOME 532000 26083 26083 235839 250 250 236089 236089 627 110 517 1850 1850 370 41 329 681 105 576 30625 30625 3314 3314 50880 50880 187 187 PROGRAM EXPENSES 172681 171097 1584 TENANT ASSISTANCE 6646 6646 BANK FEE 1228 100 1128 269089 262918 6171 0 337119 121433 3444 210962 2500 2500 1967681 1331562 574494 636119 458807 599709 1587326 1359761 6931 343973 140902 17800 19375 361773 167208 X 1225553 1192553 1225553 1192553 1587326 1359761 -33000 X false false false X 5500 3428 6800 1 15729 290713 390165 402046 359263 235839 1678026 296213 393593 408846 359264 235839 1693755 161640 57340 218980 161640 57340 218980 1474775 21849 14052 14518 250 50669 296213 415442 422898 373782 236089 1744424 0.84540 0.88200 0.00000 0.00000 X PART III, LINE 12 MISCELLANEOUS 50,669 SUPPLEMENTAL INFORMATION PART III, LINE 1 - 2022 EXCLUDED 906,155 OF LOAN FORGIVENESS AS AN UNUSUAL GRANT. PART III, LINE 12 - 2022 EXCLUDED 383,500 OF GAIN ON DISPOSAL OF CAPITAL ASSETS. PART III, LINE 12 - 2022 EXCLUDED 1,710,000 OF PROPERTY SALES. 1924523 1302401 622122 32512 21971 10541 10646 7190 3456 636119 INVESTMENTS IN LAND 457607 INVESTMENT IN COLUMBUS ELDERLY II 140902 CONSTRUCTION IN PROGRESS 1200 599709 RENT DEPOSITS 19375 19375 false false false false false false false false false DR EDGAR POSEY CHAIRMAN 196935 196935 FORM 990 - ORGANIZATION'S MISSION MIRACIT'S PURPOSE IS TO BE A PROACTIVE CATALYST FOR THE REVITALIZATION OF THE SURROUNDING NEIGHBORHOOD. IT WAS FOUNDED TO OBTAIN AND USE CONTRIBUTIONS, GRANTS AND LOANS TO IMPROVE THE HOUSING IN THE SURROUNDING NEIGHBORHOOD AND TO DEVELOP REAL ESTATE FOR LOW AND MODERATE INCOME INDIVIDUALS. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS PROVIDED ELECTRONICALLY TO ALL BOARD MEMBERS FOR REVIEW AND COMMENT PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS ARE RESPONSIBLE FOR MAKING KNOWN CONFLICTS OF INTEREST AND REMOVING THEMSELVES FROM THE DECISION-MAKING PROCESS. FORM 990, PAGE 6, PART VI, LINE 15A SALARY AND COMPENSATION RECOMMENDATIONS FOR THE DIRECTOR AND STAFF MEMBERS ARE PROVIDED TO THE BOARD, OR A SUBCOMMITTEE OF IT, FOR REVIEW AND APPROVAL. RECOMMENDATIONS ARE BASED UPON THE ORGANIZATIONAL BUDGET AND FINANCIAL CAPACITY. FORM 990, PAGE 6, PART VI, LINE 15B SALARY AND COMPENSATION RECOMMENDATIONS FOR THE DIRECTOR AND STAFF MEMBERS ARE PROVIDED TO THE BOARD, OR A SUBCOMMITTEE OF IT, FOR REVIEW AND APPROVAL. RECOMMENDATIONS ARE BASED UPON THE ORGANIZATIONAL BUDGET AND FINANCIAL CAPACITY. FORM 990, PAGE 6, PART VI, LINE 19 THE PUBLIC MAY REQUEST TO VIEW DOCUMENTS NOT MAINTAINED BY THE OHIO SECRETARY OF STATE'S WEBSITE THROUGH A WRITTEN REQUEST TO THE BOARD. THE BOARD REVIEWS EACH REQUEST AND DETERMINES IF THE DOCUMENTS SHOULD BE MADE AVAILABLE TO THE INDIVIDUAL REQUESTING THE DOCUMENTS.