2024-11-11T15:32:01-06:00 2024-04-30 390974031 WEGNER CPAS LLP 2921 LANDMARK PL STE 300 MADISON WI 537134236 990 2023-05-01 381381476 THE INTER-COOPERATIVE COUNCIL AT THE UNIVERSITY OF MICHIGAN INTE 7346624414 337 E WILLIAM STREET ANN ARBOR MI 48104 BRIAN DONOVAN GENERAL MANAGER 7346624414 2024-11-11 1 1 BRUCE MAYER CPA P00187180 6082744020 2024-11-08 2023 2024-10-15 13:58:12Z BRIAN DONOVAN 337 E WILLIAM STREET ANN ARBOR MI 48104 4867463 0 X WWW.ICC.COOP X 1944 MI TO PROMOTE THE SOCIAL AND GENERAL WELFARE OF THE COMMUNITY BY OFFERING LOW-RENT HOUSING TO ALL UNIVERSITY STUDENTS, REGARDLESS OF RACE, CREED, COLOR OR NATIONAL ORIGIN, AND THUS INFLUENCE THE COMMUNITY TO ELIMINATE PREJUDICE AND DISCRIMINATION IN HOUSING; TO ADVANCE THE CAUSE OF EDUCATION BY PROVIDING INEXPENSIVE BOARD AND LODGING FOR UNIVERSITY STUDENTS WITH LIMITED RESOURCES, SO THAT THOSE WHO MIGHT NOT OTHERWISE BE ABLE TO CONTINUE AT THE UNIVERSITY BECAUSE OF ECONOMIC NEED MAY ENJOY THE FRUITS AND THE BENEFITS OF HIGHER EDUCATION; TO RELIEVE THE GOVERNMENT OF THE STATE OF MICHIGAN FROM THE BURDEN OF BUILDING AND OPERATING STATE-OWNED DORMITORIES BY CREATING HOUSING FACILITIES FOR STUDENTS AT LOW COST ON A COOPERATIVE BASIS, AND TO CONTINUALLY EXPAND AND EXTEND THOSE FACILITIES IN THE COMMUNITY INTEREST; AND TO INITIATE, COORDINATE, DIRECT AND OTHERWISE PARTICIPATE IN EDUCATIONAL EFFORTS AND PROGRAMS FOR THE EDUCATION OF OUR MEMBERS. 25 25 20 600 0 0 25459 45715 4510929 4599646 16759 107043 65981 115059 4619128 4867463 151842 179026 0 0 1171127 1142393 0 0 0 3185033 3053014 4508002 4374433 111126 493030 9519487 9959483 5405860 5286802 4113627 4672681 X WE, THE MEMBER-OWNERS OF THE ICC, PROVIDE A HOME FOR STUDENTS THAT EQUALLY EMBODIES QUALITY LIVING, COMMUNITY AND SOCIAL EQUALITY, AND AFFORDABLE HOUSING, ALL WITHIN THE COOPERATIVE MOVEMENT. WE CONTINUOUSLY STRIVE TO MAINTAIN AND IMPROVE OUR ORGANIZATION AND OUR HOUSES THROUGH SHARED WORK. WE ARE COMMITTED TO FURTHERING OUR EDUCATION BY BUILDING LIFE SKILLS, A STRONG COMMUNITY, AND PERSONAL RELATIONSHIPS. WE CREATE AND MAINTAIN A SAFE AND AFFORDABLE ENVIRONMENT WHERE OUR MEMBERS FEEL COMFORTABLE AND AT HOME. 0 0 3725060 179026 4599646 PROVIDED AN AFFORDABLE LIVING COMMUNITY IN WHICH EQUAL AND EDUCATED MEMBERS WORK TOGETHER TO FURTHER THE COOPERATIVE MOVEMENT. 3725060 1 1 0 0 0 1 0 0 0 1 1 0 0 0 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 0 0 0 0 0 0 1 13 0 20 1 0 0 0 0 0 0 0 0 0 0 0 0 X 25 25 0 0 1 0 1 1 1 1 1 0 0 0 1 0 1 1 1 1 0 0 MI X MARY BUESCHER 7344745993 337 E WILLIAM ST ANN ARBOR MI 48104 ALEX ZITTLEMAN DIRECTOR 3.00 X 0 0 0 JOSEPH FISHER DIRECTOR 3.00 X 0 0 0 CODY QUIROZ DIRECTOR 3.00 X 0 0 0 GENEVIEVE RIVET DIRECTOR 3.00 X 0 0 0 SOPHIA PENNEY DIRECTOR 3.00 X 0 0 0 INDEYA LAWRENCE DIRECTOR 3.00 X 0 0 0 EVER O'DONNELL DIRECTOR (THRU AUGUST) 3.00 X 0 0 0 ANNA NEDOSS DIRECTOR 3.00 X 0 0 0 JONATHAN MENG DIRECTOR 3.00 X 0 0 0 NIKO KESSON DIRECTOR (THRU AUGUST) 3.00 X 0 0 0 KYLE ANDERSON DIRECTOR 3.00 X 0 0 0 ORPHEUS BARTLESON DIRECTOR 3.00 X 0 0 0 GRACE SIELINSKI DIRECTOR 3.00 X 0 0 0 ABIOLA OLADIPO DIRECTOR 3.00 X 0 0 0 JACKIE KIM DIRECTOR (THRU AUGUST) 3.00 X 0 0 0 MAYA FRASIER DIRECTOR 3.00 X 0 0 0 GREGORY LANGSDALE DIRECTOR (THRU AUGUST) 3.00 X 0 0 0 DANNY OH DIRECTOR (THRU AUGUST) 3.00 X 0 0 0 AZURE MAXWELL DIRECTOR 3.00 X 0 0 0 ABBY GUIMOND DIRECTOR (THRU AUGUST) 3.00 X 0 0 0 ALESSANDRA NEWMAN DIRECTOR (THRU DECEMBER) 3.00 X 0 0 0 CORA GALPERN DIRECTOR 3.00 X 0 0 0 JOSHUA SHEATS DIRECTOR 3.00 X 0 0 0 ANNIE ROLLINS DIRECTOR 3.00 X 0 0 0 ANIKET DIXIT DIRECTOR 3.00 X 0 0 0 JARED RUFFING DIRECTOR 3.00 X 0 0 0 AVERY XI DIRECTOR (THRU AUGUST) 3.00 X 0 0 0 JORJA WEGRYN-JONES DIRECTOR 3.00 X 0 0 0 AARTI SRIDHAR DIRECTOR 3.00 X 0 0 0 CHLOE HARPER DIRECTOR (THRU AUGUST) 3.00 X 0 0 0 RAILI NELSON DIRECTOR (THRU DECEMBER) 3.00 X 0 0 0 IAN SANDLER-BOWEN DIRECTOR 3.00 X 0 0 0 MADELINE CHOU DIRECTOR 3.00 X 0 0 0 BRYAN PAGAN DIRECTOR 3.00 X 0 0 0 GEORGE KRIPPNER DIRECTOR 3.00 X 0 0 0 KEARA BROOME PRESIDENT 10.00 X 0 0 0 ELLIOT BAKER TREASUER 6.00 X 0 0 0 SETH FLYNN SECRETARY 6.00 X 0 0 0 BRIAN DONOVAN GENERAL MANAGER 40.00 X 89333 0 24355 89333 0 24355 0 0 0 0 JAX PROPERTIES LLC 1501 COOPER STREET JACKSON MI 49202 MAINTENANCE 416040 TEMPERATURE TECHS MECHANICAL SERVICES 8095 STONEHENGE RD GREGORY MI 48137 MAINTENANCE 123791 2 25000 20715 45715 MEMBER CHARGES 531110 3645505 3645505 HOUSE CHARGES 531110 954141 954141 4599646 107043 107043 2433 0 2433 2433 112626 112626 112626 4867463 4599646 0 222102 179026 179026 119356 119356 743698 558439 185259 58424 38949 19475 148558 115970 32588 72357 48238 24119 705 705 51556 51556 8017 8017 41897 41897 117906 39302 78604 1238943 1219143 19800 36134 25988 10146 45222 28298 16924 568294 568294 23750 21375 2375 HOUSE EXPENSES 851955 851955 ORGANIZATIONAL DUES 30751 30751 BAD DEBT 30083 30083 ALUMNI PROGRAMS 1767 1767 6034 6034 4374433 3725060 649373 0 297913 317238 3118967 3207118 24530 25572 134574 332867 307 55 15775061 10396686 5318872 5378375 624324 698258 9519487 9959483 207034 194628 16229 23490 2621582 4549184 2561015 519500 5405860 5286802 X 3400729 3888287 712898 784394 4113627 4672681 9519487 9959483 493030 66024 0 X 0 1 X 1 0 X 819 51875 181847 25459 45715 305715 3499839 3106004 3277812 4510929 4599646 18994230 24015 5319 511 65981 115059 210885 3524673 3163198 3460170 4602369 4760420 19510830 0 0 0 19510830 24938 17654 18685 16759 107043 185079 24938 17654 18685 16759 107043 185079 9693 9693 3559304 3180852 3478855 4619128 4867463 19705602 0.99010 0.98760 0.00940 0.00930 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: SCHOLARSHIP FUND SUPPORT - 2019 AMOUNT: $ 9,693. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 624324 45 81906 8017 698258 772673 24192 165450 7091 624324 825573 -42843 10057 772673 648804 185426 8657 825573 831396 24910 200000 7502 648804 1.00000 0.00000 0.00000 0 0 385004 385004 14990566 10178968 4811598 292478 175367 117111 107013 42351 64662 5378375 MEMBER SHARES 519500 519500 4925470 66024 66024 4859446 8017 8017 4867463 4366416 0 4366416 8017 8017 4374433 PART V, LINE 4: ENDOWMENT FUND EARNINGS ARE USED TO PROVIDE SCHOLARSHIPS FOR STUDENTS WHO NEED FINANCIAL AID TO CONTINUE SCHOOL. 1 SCHOLARSHIPS FOR INDIVIDUALS IN NEED AND LEADERS OF THE COOPERATIVE 118 179026 PART I, LINE 2: THE GENERAL MANAGER OVERSEES AND REVIEWS GRANT SUBMISSIONS, PROCESSES, AND EXPENDITURES. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS BYLAWS THE UPDATE THE BOARD COMPOSITION TO ADD AN ALUMNI REPRESENTATIVE AND A STAFF REPRESENTATIVE. FORM 990, PART VI, SECTION A, LINE 6 THE BOARD IS COMPRISED OF MEMBERS OF THE ICC FROM EACH OF THE HOUSES, ONE ALUMNI REPRESENTATIVE, AND ONE STAFF REPRESENTATIVE. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS PURCHASE "SHARES" WITH ICC AND ARE MEMBERS OF THE ORGANIZATION. MEMBERS OF EACH HOUSE ELECT ONE OR MORE REPRESENTATIVES TO SERVE ON THE BOARD OF DIRECTORS. HOUSES WITH MORE THAN 40 RESIDENTS MAY ELECT A REPRESENTATIVE FOR EACH PART OF 40 RESIDENTS. I.E. ESCHER HOUSE HAS 165 MEMBERS. THEY MAY ELECT UP TO 5 BOARD MEMBERS FROM THEIR HOUSE. THIS INCLUDES THE STAFF WHO ARE ALSO SHAREHOLDERS AND MEMBERS AND ELECT ONE BOARD REPRESENTATIVE. ICC ALUMNI WHO ARE FORMER SHARE HOLDERS AND FORMER MEMBERS ALSO GET TO ELECT ONE BOARD REPRESENTATIVE. FORM 990, PART VI, SECTION A, LINE 7B AMENDMENTS TO THE GOVERNING DOCUMENTS REQUIRE A TWO THIRDS MAJORITY OF MEMBERS VOTE. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED BY MEMBERS OF THE FINANCE TEAM. THE RETURN IS MADE AVAILABLE TO ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C POTENTIAL CONFLICTS ARE BROUGHT BEFORE THE BOARD AND HANDLED APPROPRIATELY. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR TOP OFFICIALS IS REVIEWED AND APPROVED THE BY THE BOARD ANNUALLY BASED ON PERFORMANCE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.