2025-11-14T16:51:02-06:00 2024-12-31 393647910 WIPFLI ADVISORY LLC 1502 LONDON ROAD SUITE 200 DULUTH MN 55812 990 2024-01-01 475271086 SYLVESTER BROOME EMPOWERMENT VILLAGE SYLV 8108936098 4400 S SAGINAW STREET 4119 FLINT MI 48505 ATIQ NAKRAWALA TREASURER 8108936098 2025-11-14 1 1 MICHAEL J PETERSON CPA P01833529 2187224705 2025-11-14 2024 2025-03-06 01:10:19Z MARYUM RASOOL 4400 S SAGINAW STREET 4119 FLINT MI 48505 2529693 0 X WWW.SBEV.ORG X 2015 MI TO PROVIDE AND MANAGE EDUCATIONAL, FINANCIAL, AGRICULTURAL, HEALTH RELATED AND RECREATIONAL PROGRAMS FOR THE RESIDENTS OF FLINT AND SURROUNDING AREAS AND FOSTERING THE SYSTEMATIC REFORM IN WORKFORCE DEVELOPMENT THAT ENSURES CONTINUOUS GROWTH FOR EMPLOYERS AND RESIDENTS OF FLINT. 4 1 25 315 0 0 2257735 2503460 0 0 12 4 -6161 26229 2251586 2529693 0 0 0 0 751300 1192809 0 0 108451 2178091 2105373 2929391 3298182 -677805 -768489 2378962 2529713 1680969 2650089 697993 -120376 X TO PROVIDE AND MANAGE EDUCATIONAL, FINANCIAL, AGRICULTURAL, HEALTH RELATED AND RECREATIONAL PROGRAMS FOR THE RESIDENTS OF FLINT AND SURROUNDING AREAS AND FOSTERING THE SYSTEMATIC REFORM IN WORKFORCE DEVELOPMENT THAT ENSURES CONTINUOUS GROWTH FOR EMPLOYERS AND RESIDENTS OF FLINT. 0 0 2770451 0 0 TO PROVIDE AND MANAGE EDUCATIONAL, FINANCIAL, AGRICULTURAL, HEALTH SURROUNDING AREAS AND FOSTERING THE SYSTEMATIC REFORM IN WORKFORCE DEVELOPMENT THAT ENSURES CONTINUOUS GROWTH FOR EMPLOYERS AND RESIDENTS OF FLINT. APPROXIMATELY 500 STUDENTS PARTICIPATE DAILY IN 10 GRANTS TO FUND AFTERSCHOOL PROGRAMS, INCLUDING TUTORING, MUSIC, ART, SPORTS, AND NUTRITION/WELLNESS. THESE SAME SERVICES ARE NOW PROVIDED TO THE PEOPLE OF THE CHICAGO AREA, SUPPORTED BY THE STATE OF ILLINOIS THROUGH THEIR HEALTHCARE TRANSFORMATION COLLABORATIVE GRANTS. 2770451 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 115 0 25 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 1 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MI X SOFIA WALKER 8108936098 4400 S SAGINAW STREET 4119 FLINT MI 48505 JAWAD SHAH CHAIRMAN 1.00 X X 0 0 0 ATIQ NAKRAWALA TREASURER 1.00 X X 0 0 0 NADIR IJAZ SECRETARY 1.00 X X 0 0 0 ERIC LEVERETTE-GOODWIN BOARD MEMBER 1.00 X 0 0 0 MARYUM RASOOL EXECUTIVE DIRECTOR 40.00 X 200235 0 29846 200235 0 29846 1 0 1 0 0 1000 2026460 476000 2503460 4 4 26219 0 26219 26219 26219 10 10 10 2529693 0 0 26233 X 230081 192463 29887 7731 812409 679580 105532 27297 6597 5518 857 222 66916 55975 8692 2249 76806 64249 9977 2580 17725 17725 24012 24012 1109170 962734 107766 38670 55670 55670 230153 193452 29159 7542 28912 24186 3755 971 342740 278538 51008 13194 113689 95189 14698 3802 60915 50955 7913 2047 40281 33695 5233 1353 REPAIRS AND MAINTENANCE 64200 64200 TAXES AND LICENSES 200 200 17706 13847 3066 793 3298182 2770451 419280 108451 66618 437651 0 32634 0 373034 360499 0 2688 9720 1006836 179718 867863 827118 100855 72491 980439 777065 2378962 2529713 260874 266333 598084 581107 502938 1602949 319073 199700 1680969 2650089 X 697993 -849404 0 729028 697993 -120376 2378962 2529713 -768489 -49880 0 X 0 1 X 1 0 X 1816148 2108392 1791885 2257735 2503460 10477620 1816148 2108392 1791885 2257735 2503460 10477620 1649533 8828087 41950 63489 63664 6061 26223 201387 10679007 10 0.82670 0.80580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 587113 150366 436747 50143 29352 20791 369580 369580 827118 RIGHT OF USE ASSET - OPERATING LEASE 125029 RIGHT OF USE ASSET - BUILDING LEASE 652036 777065 OPERATING LEASE OBLIGATION 199700 199700 X 2529221 55 55 2529166 527 527 2529693 3347590 49935 49935 3297655 527 527 3298182 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAW, THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE. THE ORGANIZATION IS ALSO EXEMPT FROM STATE INCOME TAX. ACCORDINGLY, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. MANAGEMENT DOES NOT BELIEVE THERE ARE ANY UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2024. PART XI, LINE 4B - OTHER ADJUSTMENTS: EXPENSE NETTED AGAINST INCOME ON FS 527. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSE NETTED AGAINST INCOME ON FS 527. X 0 0 0 0 0 0 0 0 0 MARYUM RASOOL EXECUTIVE DIRECTOR 200172 0 0 0 63 0 7988 0 21858 0 230081 0 0 0 IMACS ENTITY OWNED BY JAWAD SHAH, CHAIRMAN OPERATIONAL LOAN X 0 505107 0 1 0 JAS MD PC ENTITY OWNED BY JAWAD SHAH, CHAIRMAN OPERATIONAL LOAN X 0 1097842 0 1 0 1602949 FORM 990, PART VI, SECTION A, LINE 2 ANTIQ NAKRAWALA AND JAWAD SHAH HAVE A BUSINESS RELATIONSHIP NADIR IJAZ AND JAWAD SHAH HAVE A BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE BOARD AND APPROVED PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS ALL INTERESTED PERSONS AS DEFINED BY THE IRS. THE POLICY DEFINES WHAT CONSTITUTES A CONFLICT AND THE PROCEDURE TO FOLLOW. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE EXECUTIVE DIRECTOR IS PRESENTED AND DISCUSSED AT THE BOARD MEETINGS AND THEN A VOTE TO APPROVE IS DONE. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 962,734. MANAGEMENT AND GENERAL EXPENSES 107,766. FUNDRAISING EXPENSES 38,670. TOTAL EXPENSES 1,109,170.