2025-11-16T23:48:51-06:00 2025-06-30 351346211 HARDING SHYMANSKI & CO PSC 101 S FIFTH STREET SUITE 1700 LOUISVILLE KY 40202 990 2024-07-01 991184042 RUSSELL A PLACE OF PROMISE RUSS 5024445895 1718 WEST MUHAMMAD ALI BOULEVARD LOUISVILLE KY 40203 CHARIKA HUGHES TREASURER 5022351416 2025-11-14 1 1 JOHN M RITTICHIER P00873799 5025844142 2025-11-13 2024 2025-03-06 01:10:19Z CHARIKA HUGHES 1718 WEST MUHAMMAD ALI BOULEVARD LOUISVILLE KY 40203 3160925 0 X WWW.RUSSELLPROMISE.COM X 2023 KY TO INVEST IN THE PEOPLE AND PLACES OF LOUISVILLE'S HISTORICALLY BLACK RUSSELL NEIGHBORHOOD WITH THE GOAL OF BUILDING PATHWAYS FOR RESIDENT LEADERSHIP AND WEALTH CREATION FOR NEIGHBORHOOD RESIDENTS AND BLACK FAMILIES, AND TO PROTECT RESIDENTS, BUSINESSES AND COMMUNITY INSTITUTIONS FROM RESIDENT DISPLACEMENT. 15 15 0 30 0 0 0 3070814 0 0 0 90111 0 0 0 3160925 0 280000 0 0 0 2541 0 0 53 0 445898 0 728439 0 2432486 1759409 4309995 5200 123300 1754209 4186695 X TO INVEST IN THE PEOPLE AND PLACES OF LOUISVILLE'S HISTORICALLY BLACK RUSSELL NEIGHBORHOOD WITH THE GOAL OF BUILDING PATHWAYS FOR RESIDENT LEADERSHIP AND WEALTH CREATION FOR NEIGHBORHOOD RESIDENTS AND BLACK FAMILIES, AND TO PROTECT RESIDENTS, BUSINESSES AND COMMUNITY INSTITUTIONS FROM RESIDENT DISPLACEMENT. 0 0 343438 180000 RUSSELL A PLACE OF PROMISE (RPOP) IS INCORPORATED AS A COMMUNITY LAND TRUST. PLANS ARE BEING MADE TO UNDERTAKE NEW HOME CONSTRUCTION, INCLUDING THE CONSTRUCTION OF SINGLE FAMILY, FOR SALE AFFORDABLE HOMES TO BE PERMANENTLY STEWARDED BY RPOP. PARTNERSHIPS ARE BEING DEVELOPED TO ACCELERATE THESE INVESTMENTS AND RPOP EXPECTS TO HAVE BETWEEN 10-30 PROPERTIES IN ITS PORTFOLIO WITHIN THE NEXT 78 MONTHS. RPOP HAS BEEN DEVELOPING THE NECESSARY POLICIES AND PROCESSES TO SUPPORT THIS INVESTMENT. RPOP IS SEEKING GRANTS, DONATIONS AND CONVENTIONAL MARKET FINANCING FOR THIS ACTIVITY, AND PARTICIPATED IN THE LOUISVILLE LISC EMERGING DEVELOPERS PROGRAM TO BUILD RELATIONSHIPS WITH OTHER EMERGING DEVELOPERS AND EXPAND ITS NETWORK. THIS BODY OF WORK IS IN THE PLANNING STAGE. CAMPUS DEVELOPMENT AT A 5-ACRE PROPERTY THAT RPOP WILL ACQUIRE FROM LOUISVILLE METRO GOVERNMENT. THIS PROJECT WILL INCLUDE OFFICE, RETAIL, RESTAURANT, RECREATION, CULTURAL SPACE, AFFORDABLE HOUSING, COMMUNITY SERVICES, AND SIMILAR AMENITIES TO SUPPORT THE RUSSELL COMMUNITY AND OTHERS. RPOP WILL CONSIDER THE FEASIBILITY OF HOLDING PORTIONS OF THIS DEVELOPMENT IN ITS COMMUNITY LAND TRUST TO PRESERVE AFFORDABLE HOUSING AND BUSINESS SPACE FOR THE NEIGHBORHOOD, BUT REGARDLESS, WILL SEEK TO SET RENTAL RATES THAT ARE AFFORDABLE TO RUSSELL RESIDENTS AND BUSINESS OWNERS. RPOP HAS RETAINED A DEVELOPMENT ADVISOR, PREPARED A DRAFT BUDGET FOR THE FIRST PHASES OF THE PROJECT, AND IS WORKING TOWARD SECURING LETTERS OF INTENT WITH TENANTS FOR THE FIRST PHASE AND EXECUTING A DEVELOPMENT AGREEMENT WITH LOUISVILLE METRO GOVERNMENT THAT WILL PROVIDE A PATHWAY TO LAND OWNERSHIP. RPOP WILL SEEK GRANTS, DONATIONS AND CONVENTIONAL MARKET FINANCING FOR THIS ACTIVITY, AND WILL BE ATTENDING THE NOVOGRADIC NEW MARKET TAX CREDIT CONFERENCE IN OCTOBER TO PRESENT THE PROJECT TO POTENTIAL INVESTORS. THIS BODY OF WORK IS IN THE PLANNING STAGE. BOARD DEVELOPMENT AND TRAINING, INCLUDING THE DEVELOPMENT OF A STRATEGIC PLAN TO GUIDE RPOP FOR THE FIRST 3 YEARS OF ITS EXISTENCE AS A NONPROFIT. BOARD MEMBERS HAVE TAKEN PART IN TRAININGS OFFERED LOCALLY AND NATIONALLY ON TOPICS RELATED TO GOVERNANCE AND RESPONSIBILITY AS A BOARD MEMBER; REAL ESTATE FINANCE AND DEVELOPMENT, FUNDRAISING, AND SUCCESSION PLANNING. 100000 100000 RPOP PROVIDED A $100,000 SUBGRANT TO THE CENTER FOR ENTREPRENEURSHIP IN PROVIDING COACHING AND DIRECT TECHNICAL ASSISTANCE TO BLACK BUSINESS OWNERS AND ENTREPRENEURS. 443438 1 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 1 0 0 0 0 0 0 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 X 15 15 0 1 1 0 0 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 KY X X HARDING SHYMANSKI & CO PSC 8124649161 21 SE THIRD ST STE 500 EVANSVILLE IN 47708 NAELA IMANYARA SERIKALI CO-CHAIR 2.00 X X 0 0 0 FRANK MCNEIL JR CO-CHAIR 2.00 X X 0 0 0 ANTONIO READUS SECRETARY, GOVERNANCE COMMITTEE CHAIR 2.00 X X 0 0 0 CHARIKA HUGHES TREASURER, FINANCE COMMITTEE CHAIR 2.00 X X 0 0 0 CHARLENE KIMBRO DIRECTOR 2.00 X 0 0 0 JASMINE TODD REAL ESTATE COMMITTEE CO-CHAIR 2.00 X X 0 0 0 JASMINE REED DIRECTOR 2.00 X 0 0 0 ZAHARA GULLY DIRECTOR 2.00 X 0 0 0 MIA THOMPSON DIRECTOR 2.00 X 0 0 0 RICHARD BALLARD DIRECTOR 2.00 X 0 0 0 DR GABERIEL JONES DIRECTOR 2.00 X 0 0 0 BEVERLEY SWEENEY-SHEPPARD DIRECTOR 2.00 X 0 0 0 MARTINA SURMA DIRECTOR 2.00 X 0 0 0 JAILEN LEAVELL FUND DEVELOPMENT COMMITTEE CHAIR 2.00 X X 0 0 0 LEAH PEALE REAL ESTATE COMMITTEE CO-CHAIR 2.00 X X 0 0 0 CASSANDRA WEBB CO-EXECUTIVE DIRECTOR 40.00 X X 0 0 0 THERESA ZAWACKI CO-EXECUTIVE DIRECTOR 40.00 X X 0 0 0 0 0 0 0 0 0 1 TOBBE WINT CONSULTING LLC 1891 RUTHERFORD AVE LOUISVILLE KY 40205 CONSULTING 184600 1 1730000 1340814 3070814 90111 90111 3160925 0 0 90111 X 280000 280000 2541 2541 329254 63769 265485 47132 47132 13840 13840 6545 6492 53 22188 21713 475 4448 4448 ADMIN FEES 10984 10984 SPONSORSHIP 9366 6000 3366 PROFESSIONAL DEVELOPMEN 1995 1995 BANK FEES 146 146 728439 443438 284948 53 10891 2517004 1462000 4761 1759409 315339 1759409 4309995 5200 123300 5200 123300 X 0 0 0 0 1754209 0 1754209 4186695 1759409 4309995 2432486 0 X 0 0 0 X 3070814 3070814 3070814 3070814 1038781 2032033 90111 90111 3160925 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 MADISON STREET PROJECT 315339 315339 0 THE LOUISVILLE URBAN LEAGUE INC 1535 WEST BROADWAY LOUISVILLE KY 40203 610444771 501(C)(3) 200000 0 CREATION OF NEW STAFF POSITIONS TO FURTHER LOUISVILLE UBRAN LEAGUE'S MISSION LOUISVILLE HOUSE OPPORTUNITY AND MICRO ENTERPRISE COMMUNITY PO BOX 211028 LOUISVILLE KY 40221 454127209 501(C)(3) 80000 0 CREATION OF NEW STAFF POSITIONS TO FURTHER LOUISVILLE HOUSE OPPORTUNITY AND MICRO ENTERPRISE COMMUNITY 0 0 0 0 0 0 0 0 0 FORM 990 PAGE 8 PART VII QUESTION 5 CITIES UNITED, AN UNRELATED ORGANIZATION, PAID COMPENSATION TO CASSANDRA WEBB, AN OFFICER, TOTAL COMPENSATION OF $81,669. FORM 990, PART VI, SECTION A, LINE 3 ONE OF THE CO-EXECUTIVE DIRECTORS IS WORKING UNDER A CONTRACT WITH THE BOARD OF DIRECTORS INSTEAD OF AN EMPLOYEE. THE OTHER CO-EXECUTIVE DIRECTOR IS ON LOAN FROM ANOTHER 501C3 ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE UPDATED TO INCREASE TOTAL BOARD MEMBERSHIP FROM 15 TO 21 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS MAY ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 WAS PROVIDED TO AND REVIEWED BY THE ORGANIZATION'S GOVERNING BODY BEFORE IT WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ASSOCIATION MAINTAINS A WRITTEN CONFLICT OF INTEREST POLICY WHICH THE BOARD IS REQUIRED TO REVIEW AND SIGN. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVALIBLE ON CANDID GUIDESTAR WEBSITE FOR PUBLIC INSPECTION. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION'S GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 63,769. MANAGEMENT AND GENERAL EXPENSES 265,485. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 329,254.