2025-06-04T17:43:58-04:00 2023-09-30 383479960 TELLIS AND COMPANY PLLC 15 E Kirby St Ste 106 Detroit MI 48202 990 2022-10-01 611583065 NORTH FLINT REINVESTMENT NORT PO Box 290543 Columbia SC 29229 REGINALD G FLYNN EXECUTIVE DIREC 8107879019 2024-05-03 false ANITA TELLIS P00943329 3138733812 2025-06-04 2022 2025-03-06 01:10:19Z X ROD GREEN 725146 false X NORTHFLINTCORP.COM X 2011 SC TO REDEVELOP RESIDENTAL AND COMMERCIAL NORTH FLINT. 6 6 6 0 0 1955828 0 642967 402633 61160 49295 1118 273218 2661073 725146 0 0 464434 510085 0 0 499602 1668051 964036 2178136 1697037 -1452990 7080497 926840 699210 598918 6381287 327922 TO REDEVELOP RESIDENTAL AND COMMERCIAL NORTH FLINT. false false 1991669 NFRC 10/1/22-9/30/23 Achievements-Provided project management support to the North Flint Food Market to include the following tasks and achievements: -Community & Member-owner Engagement (Facilitated monthly store planning and member engagement meetings) -Coop Membership Recruitment and Retention-Coordination of North Flint Food Market Board of Directors -Participation in national/regional coop board governance training & development-Coordination and store pre-operations planning of human resources company, retail and business analysts, Michigan State University researcher and evaluator, nutritionist, coop consultants, and New Market Tax Credits advisors, attorneys and accountants -Fund development and grant writing for store sustainability.-Secured funding to support establishing of the North Flint Food Market-Maintained and cultivated community partnerships with the Crim Foundation, Flint Farmers Market, local growers and artisans, Food Cooperative Initiative, Michigan Good Food Fund, Fair Food Network, and local and regional healthy food advocates -Hired administrative assistant to manage coops membership database -Submission of grant compliance reports to funders-Hired, managed, and tracked procurement and installation of store equipment, security system, WIFI, POS, and firewall systems -Oversee facility maintenance, grounds keeping and store/site security-Provided peer support and advisory consultation to store start-up ventures in Jackson, Michigan, Chicago, Illinois, Shreveport, Louisiana, and Columbia, South Carolina-Subsidized North Flint Food Market to support ongoing pre-opening planning 1991669 true true false false false false false false false true false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 false 6 true false false false false false false false false false false false false false false false false false X 6 6 false false false false false false false true true false false true true true true true true false false false MI X X DELORIS FLYNN 8107879019 PO Box 290543 Columbia SC 29229 X LEONIA GREEN MEMBER 2.00 0.00 X 0 0 0 ADRIAN MULDREW MEMBER 2.00 0.00 X 0 0 0 GARY BYAS MEMBER 2.00 0.00 X 0 0 0 CAROLYN TYLER TREASURER 2.00 0.00 X 0 0 0 ROD GREEN CHAIRMAN 2.00 0.00 X 0 0 0 DELORIS FLYNN CHIEF FINANCIAL OFFICER 40.00 0.00 X 0 0 0 REGINALD FLYNN EXECUTIVE DIRECTOR 40.00 0.00 X 0 0 0 0 0 0 0 false false false MANAGEMENT FEES 541610 101819 101819 RENTAL INCOME 532000 300814 300814 402633 49295 49295 MISC REVENUE 900099 23499 23499 Other Income 900099 10750 10750 238969 238969 273218 725146 725146 0 0 X 404447 359957 44490 16524 14541 1983 89114 78420 10694 13726 13726 5573 5573 35345 31104 4241 16044 16044 692 692 51561 51561 19195 19195 FUEL 924 924 MAINTENANCE EXPENSES 10094 7974 2120 PROGRAM EXPENSES 1983 1983 GROCERY STORE DEVELOPMENT 1429840 1429840 83074 61353 21721 2178136 1991669 186467 0 2464591 911095 98 15647 4615906 15647 7080497 926840 11232 7518 176867 80289 511111 511111 699210 598918 X 4666887 -172233 1714400 500155 6381287 327922 7080497 926840 -1452990 -4600375 0 X false true X true false X 46167 80233 3468625 1955828 5550853 46167 80233 3468625 1955828 5550853 1524224 4026629 322 61160 61482 6528 1118 3637 11283 5623618 0.71600 0.68160 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15647 15647 15647 724369 724369 724369 748597 748597 748597 Amended return information The audited statement previously issued (September 30, 2023) on April 30, 2024, has been restated as of May 30, 2025. During the fiscal year audit (September 30, 2024) on April 16, 2025, it came to our attention that the grocery store construction project was reported in error on North Flint Reinvestment (the fiduciary) books, at the same time on North Flint Ventures books (the grocery store project). Both of the entities are being managed by two separate accountants. The auditor of North Flint Reinvestment Corporation requested a copy of North Flint Ventures 2024 year-end financial statements, and the error was discovered at that time. Upon the board of directors vote, they elected to restate the 2023 fiscal year-end financial statements. The grocery store construction project activity was completely removed from North Flint Reinvestment books as of September 30, 2023. Fixed Assets Fixed AssetsBalance as ofCorrection Balance as of 9/30/2023 . of Error . . 9/30/2023 .Totals$6,044,784($6,029,137) $15,647 Officer directors etc family relationship Part VI line 2 THE EXECUTIVE DIRECTOR, DR REGINALD FLYNN IS ESPOUSAL TO MRS DELORIS FLYNN, CHIEF FINANCIAL OFFICER AND GRANT MANAGER. Committee meeting documentation Part VI line 8b COMMITTEE DOCUMENTS ARE MAINTAINED FOR EACH BOARD MEETING. Form 990 governing body review Part VI line 11 THE BOARD OF DIRECTOR REVIEWS THE FORM 990 BEFORE IT IS FILED WITH THE I.R.S. Conflict of interest policy compliance Part VI line 12c CONFLICT OF INTEREST ARE DISCUSSED ANNUALLY AND DOCUMENTED. CEO executive director top management comp Part VI line 15a THE EXECUTIVE DIRECTOR SALARY INCREASES ARE REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS APPROVAL. Other officer or key employee compensation Part VI line 15b OTHER KEY EMPLOYEES SALARY INCREASES ARE REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS FOR APPROVAL. Governing documents etc available to public Part VI line 19 DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST, AND LOCATED ON A PUBLIC WEBSITE. List of other expenses Part IX line 24e SEE 990 --- OVERFLOW STATEMENT $127,223