2024-11-12T18:19:02-06:00 2023-12-31 341599718 CARD PALMER SIBBISON & CO 4545 HINCKLEY PARKWAY CLEVELAND OH 441096009 990 2023-01-01 341549927 FAIRHILL PARTNERS FAIR 2164211350 12200 FAIRHILL ROAD CLEVELAND OH 44120 JEANNA DAVIS PRESIDENT/CEO 2164211350 2024-09-23 1 0 DANIEL S GIBEL CPA P01238713 2166216100 2023 2024-10-15 13:58:12Z JEANNA DAVIS 12200 FAIRHILL ROAD CLEVELAND OH 44120 1492230 0 X WWW.FAIRHILLPARTNERS.ORG X 1987 OH CONNECTING PEOPLE TO OPPORTUNITIES FOR LIFELONG LEARNING, INTERGENERATIONAL RELATIONSHIPS, AND SUCCESSFUL AGING. 23 23 22 0 0 0 349254 172690 1211424 1317870 1835 1670 0 0 1562513 1492230 0 0 0 0 731879 733502 0 0 92257 1098492 1252651 1830371 1986153 -267858 -493923 3515810 3088727 802498 857637 2713312 2231090 CONNECTING PEOPLE TO OPPORTUNITIES FOR SUCCESSFUL AGING. 0 0 881995 781524 LEASING LONG TERM SPACE AND RENTING SHORT TERM SPACE TO PROVIDERS OF ACTIVITIES, PROGRAMS AND SERVICES THAT ADVANCE FAIRHILL'S MISSION AND SERVE THE COMMUNITY TO FURTHER THE ORGANIZATIONS EXEMPT PURPOSES. 505008 536346 LIFETIME ENRICHMENT PROGRAMS AND SERVICES OFFERED INDEPENDENTLY OR IN COLLABORATION WITH OTHER CAMPUS ORGANIZATIONS THAT ENHANCE THE HEALTH AND QUALITY OF LIFE FOR OLDER ADULTS, KINSHIP FAMILIES, CAREGIVERS FOR OLDER ADULTS, INTERGENERATIONAL FAMILIES AND GROUPS. SOME EXAMPLES INCLUDE A HOMELESS SHELTER FOR FIRST TIME HOMELESS SENIORS, FOOD DISTRIBUTION PROGRAMS, FITNESS PROGRAMS, EVIDENCE-BASED HEALTH PROMOTION PROGRAMS, COMPUTER EDUCATION, KINSHIP CARE SUPPORT GROUPS, EDUCATION AND TRAINING AND CAREGIVER SUPPORT GROUPS, EDUCATION AND TRAINING AND DIVERSE OPPORTUNITIES TO VOLUNTEER. 1387003 1 1 0 0 0 0 0 0 0 0 1 0 0 1 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 0 0 0 1 0 0 1 22 1 0 0 0 0 1 1 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 OH X JEANNA DAVIS 2164211350 12200 FAIRHILL ROAD CLEVELAND OH 44120 ORION BELL DIRECTOR 4.00 X 0 0 0 PATRICIA BROWNELL LIFETIME DIRECTOR 2.00 X 0 0 0 MARILYN CHORMAN VICE CHAIRMAN 4.00 X X 0 0 0 FREDERICK CLARKE CHAIRMAN 10.00 X X 0 0 0 RICHARD COOPER SECRETARY 4.00 X X 0 0 0 JOSEPH FERRITTO DIRECTOR 8.00 X 0 0 0 KEVIN JOHNSON DIRECTOR 4.00 X 0 0 0 GREGORY KLUCHER DIRECTOR 4.00 X 0 0 0 JAMES RAZZANTE DIRECTOR 4.00 X 0 0 0 MORRIS SUGERMAN DIRECTOR 2.00 X 0 0 0 JAMES WALLACE DIRECTOR 2.00 X 0 0 0 LAWRENCE F CRUISE DIRECTOR 4.00 X 0 0 0 EVELYN DUFFY DIRECTOR 4.00 X 0 0 0 JUDY HILOW DIRECTOR 4.00 X 0 0 0 JUNFENG QIN DIRECTOR 4.00 X 0 0 0 PATRICIA NEWELL DIRECTOR 4.00 X 0 0 0 DAVID ZAKE DIRECTOR 4.00 X 0 0 0 LAUREN CLARKE DIRECTOR 4.00 X 0 0 0 CHARLES SMITH DIRECTOR 4.00 X 0 0 0 CAROLYN STILL DIRECTOR 4.00 X 0 0 0 SALLY LEVINE DIRECTOR 2.00 X 0 0 0 DAVID NACHMAN DIRECTOR 2.00 X X 0 0 0 JEANNA DAVIS CEO/PRESIDENT 55.00 X 119590 0 0 119590 0 0 1 0 0 0 0 172690 172690 RENTAL INCOME 531120 779822 779822 PROFESSIONAL SERVICES 541900 443985 443985 EDUCATION FEE INCOME 611600 83669 83669 LEASE SUPPORT SERVICES 532000 10394 10394 1317870 1670 1670 1492230 1317870 0 1670 X 119590 48290 29443 41857 567319 458411 78475 30433 46593 18464 25205 2924 2187 2187 56383 56383 259305 181376 76929 1000 850 812 38 135086 78148 43170 13768 30612 26346 4266 385614 338173 47441 25256 18331 4688 2237 20713 3402 17311 228706 137698 91008 60466 32682 27784 BAD DEBTS 20587 19938 649 VOLUNTEER EXPENSE 18500 18450 50 DUES & MEMBERSHIPS 4738 647 4091 LICENSE & PERMITS 3648 3648 1986153 1387003 506893 92257 438937 246546 73373 77916 28398 5362 7877032 5375863 2729069 2501169 81840 93541 164193 164193 3515810 3088727 81991 134424 34626 45648 595071 570693 90810 106872 802498 857637 X 2540560 2176908 172752 54182 2713312 2231090 3515810 3088727 -493923 11701 0 X X 0 1 X 1 0 X 563011 180708 570634 185061 172690 1672104 1092932 1106387 1129981 1211424 1317870 5858594 1655943 1287095 1700615 1396485 1490560 7530698 0 0 0 7530698 8752 4219 5336 1835 1670 21812 8752 4219 5336 1835 1670 21812 29382 40760 218449 288591 1694077 1332074 1924400 1398320 1492230 7841101 0.96040 0.95350 0.00280 0.00350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 269580 269580 6665830 4756364 1909466 551151 249530 301621 390471 369969 20502 2501169 GOVERNMENT RECEIVABLE 164193 164193 CONDITIONAL CONTRIBUTIONS 10000 TENANT SECURITY DEPOSITS 73138 ACCOUNTS PAYABLE 23734 106872 X 1503931 11701 11701 1492230 0 1492230 1986153 0 1986153 0 1986153 PART X, LINE 2: FAIRHILL PARTNERS HAS ADOPTED GUIDANCE, AS REQUIRED BY THE INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION REGARDING ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THIS GUIDANCE CLARIFIES THE ACCOUNTING AND RECOGNITION FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE FAIRHILL PARTNER'S INCOME TAX RETURNS. AS OF DECEMBER 31, 2023, FAIRHILL PARTNERS HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FAIRHILL PARTNERS'S OPEN AUDIT PERIODS ARE FOR THE TAX YEARS ENDED DECEMBER 31, 2020 THROUGH DECEMBER 31, 2023. PART X, LINE 2: FAIRHILL PARTNERS (FAIRHILL) IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. EFFECTIVE JANUARY 1, 2009, FAIRHILL IMPLEMENTED THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES. FAIRHILL'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. FAIRHILL'S OPEN AUDIT PERIODS ARE 2020 THROUGH 2023. IN EVALUATING FAIRHILL'S ACTIVITIES, MANAGEMENT BELIEVES ITS POSITION OF TAX-EXEMPT STATUS IS APPROPRIATE BASED ON CURRENT FACTS AND CIRCUMSTANCES. MANAGEMENT HAS DETERMINED THAT THERE ARE NO ACTIVITIES UNRELATED TO THE PURPOSE OF FAIRHILL AND THEREFORE NO TAX IS TO BE RECOGNIZED. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS DISTRIBUTED TO MEMBERS OF THE BOARD OF DIRECTORS FOR REVIEW AND CONSIDERATION PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO SIGN A STATEMENT ANNUALLY THAT DISCLOSES ANY EXISTING OR POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR MANAGEMENT STAFF IS DETERMINED BASED ON FOUR FACTORS. 1) EVALUATION BY THE SUPERVISOR 2) AVAILABILITY OF ORGANIZATIONAL RESOURCES TO SUPPORT ANY SALARY INCREASES 3) DATA PROVIDED AS TO COMPARABILITY BY THE ANNUAL SURVEY OF NONPROFIT SALARIES AND THE SURVEY OF SALARIES FOR FACILITY PERSONNEL 4) APPROVAL BY THE FINANCE COMMITTEE OF THE ANNUAL BUDGET, APPROACH TO COMPENSATION AND THE MANAGEMENT COMPENSATION PLAN. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS MAY BE REQUESTED BY INTERESTED PARTIES AND ARE THUS MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 181,376. MANAGEMENT AND GENERAL EXPENSES 76,929. FUNDRAISING EXPENSES 1,000. TOTAL EXPENSES 259,305. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.