2024-07-17T15:00:17-05:00 2023-12-31 351476702 BRADY WARE & SCHOENFELD INC 3601 RIGBY ROAD SUITE 400 DAYTON OH 45342 990 2023-01-01 310925683 DAYTON TECH TOWN INC DAYT 9378532529 8 N MAIN STREET DAYTON OH 45402 ROSALIE GEHRICH CHIEF FINANCIAL OFFICER 9372260457 2024-07-08 1 ROSALIE GEHRICH 999009999 0 MARY T COLEGATE CPA P00197566 9372235247 2024-07-08 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z ROSALIE GEHRICH 8 NORTH MAIN STREET DAYTON OH 45402 851220 0 X WWW.CITYWIDEDEV.COM X 1978 OH TO SUPPORT THE ATTRACTION AND GROWTH OF HIGH TECHNOLOGY BUSINESS INTO AND PROMOTE TECHNOLOGY COMMERCIALIZATION IN THE CITY OF DAYTON. 19 19 0 0 0 0 0 0 876417 833090 2631 18130 0 0 879048 851220 0 0 0 0 0 0 0 0 0 499748 486282 499748 486282 379300 364938 4697970 5025479 3000276 2962847 1697694 2062632 TO SUPPORT THE ATTRACTION AND GROWTH OF HIGH TECHNOLOGY BUSINESS INTO AND PROMOTE TECHNOLOGY COMMERCIALIZATION IN THE CITY OF DAYTON. 0 0 461835 833090 TENANT MILE 2 WILL USE THIS LOCATION AS A COLLABORATIVE HUB WITH ITS PARTNERS AT THE AIR FORCE RESEARCH LABS IN AN EFFORT TO ENABLE BUSINESSES TO ACCESS AIR FORCE TECHNOLOGIES FOR COMMERCIALIZATION. 461835 0 0 0 0 0 0 0 0 0 1 0 0 1 1 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 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 1 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ROSALIE GEHRICH 9378532529 8 N MAIN STREET DAYTON OH 45402 DAVID MELIN CHAIRMAN 1.00 X X 0 0 0 DAVE DICKERSON TRUSTEE 1.00 X 0 0 0 ELOISE BRONER TRUSTEE 1.00 X 0 0 0 SHELLEY DICKSTEIN TRUSTEE 1.00 X 0 0 0 RICHARD HAAS TRUSTEE 1.00 X 0 0 0 DR WILLIAM E HARRIS TRUSTEE 1.00 X 0 0 0 KRISTIN FINCH TRUSTEE 1.00 X 0 0 0 SHANNON MARTIN TRUSTEE 1.00 X 0 0 0 TERRI BETHEL VICE CHAIRMAN 1.00 X X 0 0 0 TODD KINSKEY TRUSTEE 1.00 X 0 0 0 KIYA PATRICK TRUSTEE 1.00 X 0 0 0 TODD PLEIMAN TREASURER 1.00 X X 0 0 0 SHANNON ISOM TRUSTEE 1.00 X 0 0 0 JOSEPH GORDON TRUSTREE 1.00 X 0 0 0 KENA BROWN TRUSTEE 1.00 X 0 0 0 WALT HIBNER TRUSTEE 1.00 X 0 0 0 RODDELL MCCULLOUGH SECRETARY 1.00 X X 0 0 0 NIKOL MILLER TRUSTEE 1.00 X 0 0 0 BOB RUZINSKY TRUSTEE 1.00 X 0 0 0 STEVE SKERL TRUSTEE 1.00 X 0 0 0 ROSALIE GEHRICH CFO/ ASST TREASURER 1.00 40.00 X 0 160851 23683 DANIEL KANE PRESIDENT 1.00 40.00 X 0 210591 42773 KAREN DEMASI ASSISTANT SECRETARY 1.00 40.00 X 0 140701 21345 HEATHER CORBIN SBA DIRECTOR/SR BUSINESS DEVELOPMENT 1.00 40.00 X 0 145962 4379 SHANE WILKEN SENIOR BUSINESS DEVELOPMENT OFFICER/SBA DIRECTOR 1.00 40.00 X 0 133550 19105 0 791655 111285 0 0 1 0 0 RENTAL INCOME 531120 833090 833090 833090 18130 18130 851220 833090 0 18130 36126 11679 24447 523 523 1000 1000 4571 4571 2637 2637 133676 133676 10232 10232 REAL ESTATE COSTS 267748 267748 COMMISSION 29347 29347 BANK FEES 422 422 486282 461835 24447 0 573963 1115450 451508 445054 55201 0 87387 59245 4024085 1510949 2634886 2513136 895025 892594 4697970 5025479 150413 494507 1480000 1355000 1369863 1113340 3000276 2962847 X 1697694 2062632 1697694 2062632 4697970 5025479 364938 0 X X 0 1 X 1 0 4015322 1505848 2509474 8763 5101 3662 2513136 RECEIVABLE FROM AFFILIATE 892594 892594 NOTES PAYABLE 1110840 DEPOSITS 2500 1113340 X PART X, LINE 2: ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES - ACCOUNTING STANDARDS REQUIRE THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN, IN THE COURSE OF PREPARING THE TAX RETURNS FOR CITYWIDE DEVELOPMENT CORP., TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. THIS STATEMENT PROVIDES THAT TAX BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED IN THE COMBINED FINANCIAL STATEMENTS ONLY WHEN IT IS "MORE-LIKELY-THAN-NOT" THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED UPON THE TECHNICAL MERITS AND CONSIDERATION OF ALL AVAILABLE INFORMATION. ONCE THE RECOGNITION THRESHOLD IS MET, THE PORTION OF THE TAX BENEFIT THAT IS RECORDED REPRESENTS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50 PERCENT LIKELY TO BE REALIZED UPON SETTLEMENT WITH A TAXING AUTHORITY. MANAGEMENT HAS DETERMINED THAT CITYWIDE HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2023. 0 0 0 0 0 0 0 0 0 DANIEL KANE PRESIDENT 0 195591 0 15000 0 0 0 19719 0 23054 0 253364 0 0 ROSALIE GEHRICH CFO/ ASST TREASURER 0 149851 0 11000 0 0 0 12905 0 10778 0 184534 0 0 KAREN DEMASI ASSISTANT SECRETARY 0 130201 0 10500 0 0 0 11256 0 10089 0 162046 0 0 SHANE WILKEN SENIOR BUSINESS DEVELOPMENT OFFICER/ 0 132550 0 1000 0 0 0 6301 0 12804 0 152655 0 0 HEATHER CORBIN SBA DIRECTOR/SR BUSINESS DEVELOPMENT 0 138462 0 7500 0 0 0 4379 0 0 0 150341 0 0 PART I, LINE 3 DANIEL KANE IS THE PRESIDENT OF CITYWIDE DEVELOPMENT CORPORATION, A RELATED ORGANIZATION DISCLOSED IN SCHEDULE R. HIS COMPENSATION IS DISCLOSED WITHIN THIS FORM 990 BECAUSE IT IS PAID BY CITYWIDE DEVELOPMENT CORPORATION. HE IS NOT PAID BY THIS ORGANIZATION. THE OTHER HIGHLY COMPENSATED EMPLOYEES REPORTED IN PART VII SECTION A OF THIS TAX RETURN ARE ALSO PAID BY CITYWIDE DEVELOPMENT CORPORATION NOT BY THIS ORGANIZATION. THEIR SALARY AND BENEFITS ARE ONLY REPORTED WITHIN THIS RETURN DUE TO THE RELATED PARTY RELATIONSHIP. COMPENSATION IS ESTABLISHED USING A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT AND SURVERIES AND STUDIES. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS DELEGATED CONTROL OVER MANAGEMENT TO A RELATED NONPROFIT ORGANIZATION - CITY WIDE DEVELOPMENT CORPORATION. THEY HANDLE ALL ADMINISTRATIVE FUNCTIONS FOR THE ENTITY. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS DELEGATED CONTROL OVER MANAGEMENT TO A RELATED NONPROFIT ORGANIZATION - CITY WIDE DEVELOPMENT CORPORATION. THEY HANDLE ALL ADMINISTRATIVE FUNCTIONS FOR THE ENTITY. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION CONTRACTS WITH AN ACCOUNTING FIRM TO PREPARE THE INFORMATION RETURN, WHICH IS REVIEWED BY INTERNAL MANAGEMENT. INTERNAL MANAGEMENT FORWARDS A COPY OF THE RETURN TO AN OVERSIGHT COMMITTEE THAT APPROVES THE RETURN. THE BOARD IS PROVIDED A COPY OF THE APPROVED RETURN BEFORE THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REVIEWS THE CONFLICT OF INTEREST POLICY WITH BOARD OF TRUSTEES ANNUALLY. DURING BOARD MEETINGS MEMBERS ARE ASKED IF THEY HAVE ANY CONFLICT OF INTEREST REGARDING ANY AGENDA ITEMS. IF SO, THEY DO NOT VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT PAY ANY COMPENSATION AND HAS DELEGATED CONTROL OVER MANAGEMENT TO A RELATED NONPROFIT ORGANIZATION - CITYWIDE DEVELOPMENT CORPORATION. CITYWIDE DEVELOPMENT CORPORATION PAYS ALL THE SALARIES AND WAGES. CITYWIDE DEVELOPMENT CORPORATION HAS A COMPENSATION COMMITTEE THAT REVIEWS THE EXECUTIVE SALARIES. THE COMMITTEE HIRES AN OUTSIDE CONSULTANT WHICH PROVIDED A COMPENSATION SURVEY. THE EXECUTIVES SALARIES GO THROUGH AN APPROVAL PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE PUBLIC CAN REVIEW THESE DOCUMENTS IN THE ORGANIZATION'S ADMINISTRATIVE OFFICE. FORM 990, PART VII SECTION A DANIEL KANE IS THE PRESIDENT OF CITY WIDE DEVELOPMENT CORPORATION, A RELATED ORGANIZATION DISCLOSED IN SCHEDULE R. HIS COMPENSATION IS DISCLOSED WITHIN THIS FORM 990 BECAUSE IT IS PAID BY CITY WIDE DEVELOPMENT CORPORATION. HE IS NOT PAID BY DAYTON TECH TOWN INC. THE OTHER HIGHLY COMPENSATED EMPLOYEES REPORTED IN PART VII SECTION A OF THIS TAX RETURN ARE ALSO PAID BY CITY WIDE DEVELOPMENT CORPORATION NOT BY DAYTON TECH TOWN, INC. THEIR SALARIES AND BENEFITS ARE ONLY REPORTED WITHIN THIS RETURN DUE TO THE RELATED PARTY RELATIONSHIP. CITYWIDE DEVELOPMENT CORP 8 N MAIN ST DAYTON OH 45402 310821189 STRENGTHEN DAYTON THROUGH STRATEGIC ECONOMIC AND COMMUNITY DEVELOPMENT OH 501(C)(4) CITYWIDE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 CITYWIDE DEVELOPMENT CORPORATION N 7907 COST CITYWIDE DEVELOPMENT CORPORATION O 28219 COST CITYWIDE DEVELOPMENT CORPORATION P 33695 COST