2024-08-12T09:56:26-07:00 2023-09-30 990 2022-10-01 592669952 ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC ORLA 4076481623 101 S Terry Ave Orlando FL 32805 Alfred Arzuaga President 4076481623 2024-08-12 1 2022 2024-08-08 14:25:15Z Alfred Arzuaga 101 S Terry Avenue Orlando FL 32805 13001377 0 X orlandoneighborhood.org X 1985 FL ONIC leverages its provision of multifamily affordable housing to empower and support families, enhancing their housing stability while fostering community and asset building. In addition to providing roofs and walls, ONIC implements a comprehensive approach that includes free place-based programs and services coordination. ONIC's mission is to create thriving, sustainable, inclusive, and affordable communities. 9 9 26 199 0 0 987125 782635 14062772 9378015 50987563 2840727 0 0 66037460 13001377 0 16606 0 0 2815004 2568941 0 0 47135 11604468 8126776 14419472 10712323 51617988 2289054 96561449 98597532 27492066 27239095 69069383 71358437 ONIC's primary exempt purpose is to lessen the burden of government, relieve the poor and distressed, promote social welfare and combat community deterioration. This is achieved through the development and preservation of affordable housing, community engagement initiatives, and programs that support economic empowerment, environmental sustainability, and social equity. Our efforts are focused on enhancing the quality of life for all residents, particularly those in underserved and marginalized communities. 0 0 8815082 0 8810132 ONIC directly operates 786 units of affordable rental housing, and serves as general partner of entities which owns an additional 557 units of affordable rental housing in an economically distressed area of Orlando. 867906 0 234914 ONIC's Resident Services (RS) program is committed to improving the quality of life for residents through a broad range of services centered on three core pillars: housing stability, community engagement, and asset building. During the 2023 fiscal year, RS provided essential support, including rental and emergency assistance, unemployment benefits, food delivery, and access to health services. The program also organized community activities to combat the lingering effects of isolation that persisted even as the pandemic receded. Throughout the year, RS engaged in 1,311 interactions with 11,564 participants, of which 2,325 were unique individuals. The program also benefited from 2,487 hours of volunteer service provided by 199 unique volunteers. While the pandemic's impact diminished, RS services remained crucial in addressing both the ongoing effects of the pandemic and the evolving needs of the ONIC community. 302395 0 332969 ONIC is an award winning leader in building and operating high quality affordable rental homes in Central Florida. Since 1989, ONIC has participated (as developer or partner) in 24 communities in Central Florida, representing 2856 residential units. During the reporting period, ONIC continued efforts associated with the development of two affordable housing properties. 0 0 0 9985383 1 1 0 0 0 0 0 0 1 1 1 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 19 0 1 26 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 FL X X V Scott 4076481623 101 S Terry Ave Orlando FL 32805 Alfred Arzuaga President 42 3 X 138711 0 30101 Victoria Scott VP of finance 42 3 X 145739 0 7287 Alexis Collins VP of Resident Services 42 3 X 126469 0 7676 Ericka Dunlap Chair 1 1 X X 0 0 0 Cindy Colvin Vice Chair 1 1 X X 0 0 0 Milton Carroll Jr Secretary and Treasurer 1 1 X X 0 0 0 Ralph Armstead Director 1 1 X 0 0 0 Eddie Brown Director 1 1 X 0 0 0 Derek Burke Director 1 1 X 0 0 0 Kimberly Pizarro Cruz Director 1 1 X 0 0 0 Cathy Sterba Director 1 1 X 0 0 0 Craig Ridinger Director 1 1 X 0 0 0 410919 0 45064 3 0 1 0 Boulevard Contractors Corp 10451 MILL RUN CIRCLE STE 1005 OWINGS MILLS MD 21117 Construction Services 369840 Royal American Management 1022 W 23rd Street 3rd Floor Panama City FL 32405 management and bookkeeping 338774 YDY Unique Concrete 14816 Pellicer Dr Orlando FL 32828 Construction Services 262865 JNL Roofing Inc 13325 LAKE MARY JANE RD Orlando FL 32832 roofing services 239502 OSGS Security LLC 5401 S KIRKMAN RD STE 310 ORLANDO FL 32819 Courtesy Patrol Services 167394 8 0 0 0 1070 233073 548492 233073 782635 Rental and Ancillary Income-Affordable Housing 624229 8810132 8810132 0 0 Developer & Mgmt Fees - Afford Housing 624229 332969 332969 0 0 Prodigy Cultural Arts Program 624100 148050 148050 0 0 Housing Stability Counseling Program 624100 6864 6864 0 0 80000 80000 0 0 9378015 2769265 0 0 2769265 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 71462 0 0 0 71462 71462 0 0 71462 0 0 13001377 9378015 0 2840727 0 0 16606 16606 0 0 0 0 424742 254883 146697 23162 0 0 0 0 1666131 1449716 211153 5262 59654 42496 15780 1378 198980 169588 28243 1149 219434 169005 46680 3749 372858 372858 0 0 30890 23753 7137 0 21836 0 21836 0 0 0 0 0 0 0 0 0 0 0 145096 65389 73988 5719 31091 31091 0 0 35327 12610 22373 344 29513 5508 24005 0 0 0 0 0 33853 17760 15640 453 25470 16085 7828 1557 0 0 0 0 0 0 0 0 1098843 1098843 0 0 0 0 0 0 1040660 1035501 4987 172 1583523 1556294 26001 1228 Repairs & Improvements 2405151 2405151 0 0 Utilities 772637 768307 4186 144 Property Admin Costs 298885 298885 0 0 Field trips, program materials, service providers 129244 116208 12036 1000 71899 58846 11235 1818 10712323 9985383 679805 47135 X 0 0 0 0 63205715 64733187 417297 358695 625541 1021311 40639024 18665335 22000897 21973689 9596026 9591866 715973 918784 96561449 98597532 1737501 1660677 162610 140005 185984 184615 25405971 25253798 0 0 27492066 27239095 X 68620691 70934648 448692 423789 69069383 71358437 96561449 98597532 2289054 0 0 0 0 0 X 0 1 X 1 1 1 X 941335 2014706 1870503 987125 782635 6596304 941335 2014706 1870503 987125 782635 6596304 6596304 106409 40572 283739 2769265 3199985 9796289 56107828 0.67335 0.93979 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 5775637 1118147 0 0 263903 0 6629881 5136646 1193817 0 0 554826 0 5775637 5007608 537245 0 0 408207 0 5136646 6632397 2542664 0 0 4167453 0 5007608 6138559 670301 0 0 176463 0 6632397 0.94 0 0.06 0 0 0 5206256 5206256 0 34090721 17772558 16318163 0 73251 65240 8011 0 1268796 827537 441259 0 0 0 0 21973689 Receivables Associated with Affordable Housing Activities 9591866 C 9591866 0 0 X Schedule D, Part IV, Line 2b The organization maintains an escrow account for security deposits paid by tenants. Schedule D, Part V, Line 4 ONIC's endowment funds are used for a) donor stipulated programs (term endowment funds), b) donor-stipulated program related capital investments (permanent endowment) and c) board-designated reserves. Schedule D, Part X, Line 2 ONIC is exempt from federal income tax under provision of Section 501(c)(3) of the Internal Revenue Code. In addition, ONIC has been determined by the Internal Revenue Service not to be a private foundation within the meaning of Section 509(a) of the code. Consequently, no provision for income taxes has been included in the accompanying financial statements. In accordance with "Income Taxes" FASB Accounting Standards Codification Topic 740 (Topic 740), all entities are required to evaluate and disclose income tax risks. Topic 740 clarifies the accounting for uncertainty in tax positions and prescribes guidance related to the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The tax benefit from an uncertain tax position is only recognized in the statement of financial position if the tax position is more likely than not to be sustained upon an examination, based on the technical merits of the position. Interest and penalties, if any, are included in expenses in the statement of activities. As of September 30, 2023, ONIC had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. ONIC's income tax returns are subject to review and examination by federal authorities. ONIC is not aware of any activities that would jeopardize its tax-exempt status. ONIC is not aware of any activities that are subject to tax on unrelated business income, excise or other taxes. The tax returns for the fiscal years ended from 2020 to 2023 are open to examination by federal authorities. 1 Participants in the housing success program were given rent vouchers or gift cards valued at $20 in exchange for their participation in the program. 36 720 0 fair value gift cards and rent vouchers The Emergency Rental Assistance Program (ERAP) provided crucial financial support to participants in need of rental assistance. In exchange for receiving this assistance, participants engaged in the program's activities to include budgeting, which were designed to help them achieve housing stability. ERAP played a key role in preventing eviction and ensuring that participants could maintain safe and stable housing during times of financial hardship. 17 15886 0 fair value Rent vouchers Schedule I, Part I, Line 2 Assistance is issued to qualified participants in certain Resident Services programs. These individuals are awarded assistance upon completion of various classes or upon demonstration of a qualified need. X X X 0 0 0 0 0 0 0 0 0 Alfred Arzuaga President 138711 0 0 0 0 0 7446 0 22655 0 168812 0 0 Victoria Scott VP of finance 145739 0 0 0 0 0 7287 0 0 0 153026 0 0 0 Schedule J, Part I, Line 3 ONIC's compensation levels are reviewed and approved annually by the Executive Committee. As part of this review, the committee reviews compensation surveys for comparable positions. X Value of imputed interest 5 153073 fair value 0 0 1 0 Form 990, Part VI, Section B, Line 11b Form 990 was distributed to all officers and directors for review and comment prior to filing. Form 990, Part VI, Section B, Line 12c Annual disclosure forms are reviewed carefully and a listing of potentially conflicted entities and individuals is maintained. Proposed transactions are matched against the listing as a means of identifying potential conflicts. Form 990, Part VI, Section B, Line 15 ONIC's compensation levels are reviewed and approved annually by the Executive Committee. As part of this review, the committee reviews compensation surveys for comparable positions. Form 990, Part VI, Section C, Line 19 ONIC's governing documents, conflict of interest policy and financial statements are posted at cffound.org, a website that is maintained by the Central Florida Foundation. This entity's financial statements are consolidated into ONIC's financial statements. ONIC-Boca Club LLC 101 S Terry Ave Orlando FL 32805 592669952 affordable housing provider FL 2084989 5992690 Orlando Neighborhood Improvement Corp ONIC-Callahan Oaks LLC 101 S Terry Ave Orlando FL 32805 592669952 To provide affordable housing FL 456965 894568 Orlando Neighborhood Improvement Corp ONIC-Seville Place Developer LLC 101 S Terry Ave Orlando FL 32805 592669952 Develop affordable housing FL 0 0 Orlando Neighborhood Improvement Corp ONIC-Forest Edge GP LLC 101 S Terry Avenue Orlando FL 32805 592669952 To provide affordable housing FL 493671 1415911 Orlando Neighborhood Improvement Corp ONIC-Golden Oaks LLC 101 S Terry Ave Orlando FL 32805 831578378 To provide affordable housing FL 1064871 4893549 Orlando Neighborhood Improvement Corp ONIC-Hollowbrook LLC 101 S Terry Ave Orlando FL 32805 474499450 To provide affordable housing FL 1522287 7452406 Orlando Neighborhood Improvement Corp ONIC-Maitland Oaks LLC 101 S Terry Ave Orlando FL 32805 592669952 To provide affordable housing FL 1102057 4259375 Orlando Neighborhood Improvement Corp ONIC-New Palm Grove Gardens LLC 101 S Terry Avenue Orlando FL 32805 813910412 Affordable Housing FL 2318686 6894797 Orlando Neighborhood Improvement Corp ONIC-Acquisition LLC 101 S Terry Ave Orlando FL 32805 592669952 affordable housing FL 0 0 Orlando Neighborhood Improvement Corp ONIC-414 Parking Lot LLC 101 S Terry Ave Orlando FL 32805 592669952 affordable housing (parking for) FL 904 0 Orlando Neighborhood Improvement Corp ONIC-EMERALD VILLAS PHASE THREE DEVELOPER LLC 101 S Terry Ave Orlando FL 32805 993776538 Develop affordable housing FL 0 0 ORLANDO NEIGHBORHOOD IMPROVEMENT CORPORATION INC ONIC-Senior Affordable Housing Inc FKA ONIC-Palm Grove Gardens Inc 101 S Orange Ave Orlando FL 32805 300024593 To provide affordable housing FL 501(c)(3) 509(a)(3) Orlando Neighborhood Improvement Corp 1 Anvil-Richard Allen Gardens 101 S Terry Ave Orlando FL 32805 593411351 To provide affordable housing FL 501(c)(3) 170(b)(i)(A)(vi) Orlando Neighborhood Improvement Corp 1 ONIC-Hidden Cove Inc 101 S Terry Ave Orlando FL 32805 593598686 To provide affordable housing FL 501(c)(3) 509(a)(3) Orlando Neighborhood Improvement Corp 1 414 East Pine Street LP 101 S Terry Avenue Orlando FL 32805 832814629 To provide affordable senior housing FL ONIC-Senior Affordable Housing Inc Related -75 9466943 0 1 0.00009 4900 S Rio Grande Avenue LP 101 S Terry Ave Orlando FL 32805 923092701 To provide affordable housing FL ONIC-Cove GP LLC Related 0 0 0 1 0.00009 5465 Curry Ford LP 101 S Terry Ave Orlando FL 32805 923336416 affordable housing provider FL ONIC-Brook GP LLC Related 0 0 0 1 0.00009 ONIC-Seville Place LLC 101 S Terry Ave Orlando FL 32805 453966725 Affordable housing provider FL Orlando Neighborhood Improvement Corp C 177181 4062177 1 1 ONIC-Emerald Villas Phase Two LLC 101 S Terry Avenue Orlando FL 32805 592669952 affordable housing provider FL Orlando Neighborhood Improvement Corp C -35 406 1 1 ONIC-Cove GP LLC 101 S Terry Ave Orlando FL 32805 923069622 affordable housing provider FL Orlando Neighborhood Improvement Corporation Inc C 0 0 0.79 1 ONIC-Brook GP LLC 101 S Terry Ave Orlando FL 32805 923314945 affordable housing provider FL Orlando Neighborhood Improvement Corporation Inc C 0 0 0.79 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 414 East Pine Street LP a-i 263053 Accrual of interest on intercompany loans ONIC-Seville Place LLC l 131840 Accrual of asset management fee related to Emerald Villas (affordable housing) ONIC-Hidden Cove Inc b 185450 Cash contribution. ONIC-Senior Affordable Housing Inc FKA ONIC-Palm Grove Gardens Inc l 50000 Partnership management fee earned related to 414 E Pine Street (affordable housing).