2025-09-15T18:58:06-07:00 2024-12-31 990 2024-01-01 800828055 COMMUNITY IMPROVEMENT CORPORATION OF FAIRLAWN OHIO COMM 3306689500 3487 S Smith Rd Fairlawn OH 44333 Jacob Kaufman Assistant Finance Director 3306689560 2025-09-15 1 2024 2025-03-06 01:10:19Z Christopher Tipping 3487 South Smith Road Fairlawn OH 44333 275127 0 X X 2010 OH The Corporation was organized under Ohio Revised Code Chapter 1724 for the purpose of advancing, encouraging, and promoting the industrial, economic, commercial, and civic development of Fairlawn, Ohio and to facilitate the reclamation, rehabilitation, and re-utilization of real property in the City. 8 4 0 12 0 0 108 275117 0 0 0 10 0 0 108 275127 0 83809 0 0 0 0 0 0 0 2770 2478 2770 86287 -2662 188840 1001462 1190035 273 6 1001189 1190029 The Corporation was organized for the purpose of advancing, encouraging, and promoting the industrial, economic, commercial and civic development of the City and to facilitate the reclamation, rehabilitation, and re-utilization of real property in the City. 0 0 0 0 0 To advance, encourage, and promote the industrial, economic, commercial, and civic development of the City of Fairlawn. 83809 83809 0 The Corporation facilitated the reclamation, rehabilitation, and re-utilization of vacant, abandoned, tax-foreclosed, or other real property in the City of Fairlawn. The Corporation remitted excess lease proceeds to the City that resulted from an on-going 10-year lease/purchase agreement with a local company to re-utilize vacant real property. The Corporation also conveyed two parcels of vacant real property to the City for stormwater management. The Corporation 0 0 0 83809 1 1 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 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 X 8 4 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 OH X Jacob Kaufman 3306689500 3487 S Smith Rd Fairlawn OH 44333 Ernie Staten Trustee 0.10 41.00 X 0 194023 0 Russell Sharnsky Trustee 0.10 33.00 X 0 84197 0 Jonathon Groza Secretary 0.10 2.00 X X 0 10822 0 Mark Ludwig Trustee 0.10 2.00 X 0 10000 0 Barbara Potts Trustee 0.10 0.00 X 0 0 0 Christopher Tipping President 0.10 0.00 X X 0 0 0 Timothy Sisler Vice-President 0.10 0.00 X X 0 0 0 Raymond Lampner Treasurer 0.10 0.00 X X 0 0 0 0 299042 0 0 0 1 0 0 0 0 0 275000 0 117 275000 275117 0 10 0 0 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 275127 0 0 10 83809 83809 0 157 157 2321 2321 86287 83809 2478 0 5870 285312 4 17 970500 903450 21915 0 3173 1256 1001462 1190035 273 6 273 6 X 1001189 1190029 0 0 1001189 1190029 1001462 1190035 188840 0 0 0 0 0 X 0 1 X 0 0 X 0 670786 25222 108 275117 971233 0 670786 25222 108 275117 971233 971233 971233 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 City of Fairlawn 3487 South Smith Road Fairlawn OH 44333 340899583 61894 21915 Book Real Property Economic Development; Stormwater Management 1 0 Schedule I, Part I, Line 2 Excess lease-purchase proceeds were remitted to the City as required by Ohio Revised Code Section 1724.10. In addition, two parcels of land were transferred to the City for the stormwater management purposes. 0 0 0 0 0 0 0 0 0 Ernie Staten Trustee 0 190710 0 0 0 3314 0 0 0 1313 0 195337 0 0 X 1 275000 Sales Price 0 0 0 Schedule M, Part I, Line 16 The Corporation is reporting the number of items (parcels) received in Par I, Column (b). Form 990, Part VI, Section A, Line 2 Four members of the Board of Trustees had business relationships with each other in 2024. Russell Sharnsky, Mark Ludwig, Ernie Staten, and Jonathan Groza were all members of the Corporation's Board of Trustees while also serving as elected officials or employees of the City of Fairlawn, Ohio. Form 990, Part VI, Section A, Line 7a Per the Code of Regulations, the following elected officials of the City of Fairlawn, Ohio are required members of the Corporation's Board of Trustees: the Mayor, Finance Director, and Council President. The Mayor and the Finance Director are duly elected by the voters of the City. The Council President is first elected to Fairlawn City Council by the voters of the City and then must be elected Council President by a vote of the members of City Council. Form 990, Part VI, Section A, Line 8b The Board of Trustees does not have any committees with the authority to act on its behalf. Form 990, Part VI, Section B, Line 11b The Form 990 is prepared by an employee of the City of Fairlawn and reviewed by the Corporation's Treasurer prior to being filed with the IRS. Once the Form 990 is filed, the Board of Trustees is notified, and a copy is made available for public inspection upon request. Form 990, Part VI, Section C, Line 19 The Corporation's governing documents, financial statements, and tax filings are all available for public inspection at the City of Fairlawn, Department of Finance during regular business hours. City of Fairlawn 3487 S Smith Rd Fairlawn OH 44333 340899583 Municipal corporation OH N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 City of Fairlawn r 61894 Cash contribution City of Fairlawn r 21915 Donated property (cost basis) City of Fairlawn s 275000 Sales price