2025-11-17T10:27:10-06:00 2024-12-31 382157642 MANER COSTERISAN PC 2425 E GRAND RIVER SUITE 1 LANSING MI 489123291 990 2024-01-01 383319722 OLD TOWN COMMERCIAL ASSOCIATION OLDT 5174854283 1232 TURNER STREET LANSING MI 48906 SAMANTHA BENSON EXECUTIVE DIRECTOR 5174854283 2025-10-21 1 1 BRANDY L MIKULA CPA P00645694 5173237500 2025-10-22 2024 2025-03-06 01:10:19Z SAMANTHA BENSON 1232 TURNER STREET LANSING MI 48906 208424 0 X WWW.ILOVEOLDTOWN.ORG X 1996 MI TO FACILITATE THE CONTINUED GROWTH AND REVITALIZATION OF LANSING'S VIBRANT OLD TOWN DISTRICT. 10 10 1 200 0 0 219088 162213 38689 44183 3375 2028 0 0 261152 208424 0 30000 0 0 44747 72076 0 0 9223 181705 113573 226452 215649 34700 -7225 142034 94324 73984 31935 68050 62389 TO FACILITATE THE CONTINUED GROWTH AND REVITALIZATION OF LANSING'S VIBRANT OLD TOWN DISTRICT THROUGH ECONOMIC DEVELOPMENT, COMMUNITY EMPOWERMENT, AND THE CELEBRATION OF CULTURE AND COMMUNITY. 0 0 184336 30000 44183 VARIOUS PROMOTIONAL EVENTS INCLUDING CHOCOLATE WALK, LUMBERJACK FESTIVAL, CHALK OF THE TOWN, ROPER ROMP, THE GARDEN & PATIO TOUR, ART FEAST, AND KRAMPUSNACHT, AMONG OTHERS. THE ASSOCIATION USES THESE EVENTS TO CONTINUE TO REVITALIZE AND ADVOCATE FOR OLD TOWN. 184336 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 1 0 1 0 1 1 1 1 1 0 0 1 1 1 1 0 1 0 0 0 MI X SAMANTHA BENSON EXECUTIVE DIRECTOR 5174854283 1232 TURNER ST LANSING MI 48906 AMANDA HADLEY DIRECTOR (ENDED 2/6/24) 1.00 X 0 0 0 SUMMER SCHRINER DIRECTOR 2.00 X 0 0 0 MIKE FISCHER DIRECTOR 2.00 X 0 0 0 BRADLY RAKOWSKI DIRECTOR (ENDED 2/6/24) 1.00 X 0 0 0 CHAD JORDAN DIRECTOR (ENDED 2/6/24) 1.00 X 0 0 0 CURTIS SIMMONS DIRECTOR 2.00 X 0 0 0 RICK WOODS DIRECTOR 2.00 X 0 0 0 KATHEREN PALMER EXECUTIVE AT LARGE (ENDED 4/25/24) 2.00 X X 0 0 0 DAVID SUCH EXECUTIVE AT LARGE 4.00 X X 0 0 0 BRIANNA WILSON SECRETARY 5.00 X X 0 0 0 ERIC HANNA TREASURER 5.00 X X 0 0 0 KAREN STEFL DIRECTOR/ VICE PRESIDENT 5.00 X X 0 0 0 DANIEL RIALS VICE PRESIDENT (ENDED 2/6/24) 5.00 X X 0 0 0 BETH HERENDEEN PRESIDENT 2.00 X X 0 0 0 JAMIE SCHRINER PRESIDENT 10.00 X X 0 0 0 SAMANTHA BENSON EXECUTIVE DIRECTOR 40.00 X 66308 0 0 66308 0 0 0 0 0 0 0 12040 85644 64529 162213 FESTIVALS/EVENTS 900099 44183 44183 44183 1506 1506 522 0 522 522 522 208424 44183 0 2028 30000 30000 66308 53046 6631 6631 5768 4614 577 577 4338 4338 147 147 6000 6000 860 688 86 86 9842 7874 984 984 1924 1540 192 192 3831 3065 383 383 FESTIVAL/EVENT COSTS 37004 37004 BOARD & COMMITTEE EXPEN 36256 36256 DUES & SUBSCRIPTIONS 7233 7233 PHONE & INTERNET 3698 2958 370 370 2440 58 2382 215649 184336 22090 9223 22992 8787 100976 64682 850 725 725 12711 12711 0 0 17341 19280 142034 94324 3841 6151 70143 25784 73984 31935 X 54064 48862 13986 13527 68050 62389 142034 94324 -7225 1564 0 X 0 0 0 X 56099 59271 73850 212588 162213 564021 29429 18199 16653 45189 44183 153653 85528 77470 90503 257777 206396 717674 0 0 0 717674 46 5 4 977 1506 2538 46 5 4 977 1506 2538 1763 960 2723 87337 78435 90507 258754 207902 722935 0.99270 0.99380 0.00350 0.00160 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 1,763. 2021 AMOUNT: $ 960. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17342 2085 147 19280 14943 2536 137 17342 17535 -2466 126 14943 15335 2321 121 17535 13798 1650 113 15335 0.51870 0.48130 0 0 12711 12711 0 0 ENDOWMENTS 19280 19280 FORM 990, PART VI, SECTION A, LINE 2 JAMIE SCHRINER (PRESIDENT) & SUMMER SCHRINER (DIRECTOR) ARE SISTERS. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION UPDATED THE BYLAWS DURING 2024. THE BOARD OF DIRECTORS SHALL NOW HAVE NO LESS THAN 7 AND NO MORE THAN 11 BOARD MEMBERS. PREVIOUSLY IT WAS ONLY NO MORE THAN 11. THE EXECUTIVE COMMITTEE DOES NOT HAVE THE POWER OF AUTHORITY TO TERMINATE STAFF EMPLOYMENT OR APPROVE THE BUDGET. THE AMENDMENTS SECTION WAS ALSO UPDATED. FORM 990, PART VI, SECTION A, LINE 6 THE OLD TOWN COMMERCIAL ASSOCIATION IS ORGANIZED ON A MEMBERSHIP BASIS. BUSINESSES OR ORGANIZATIONS OPERATING OR OWNING PROPERTY WITHIN OR ABUTTING THE OLD TOWN AREA, AS WELL AS INDIVIDUALS RESIDING, EMPLOYED, OR OWNING PROPERTY WITHIN OLD TOWN, THAT SUBSCRIBE TO THE MISSION OF THE ASSOCIATION SHALL BE ELIGIBLE FOR MEMBERSHIP IN THE ASSOCIATION UPON THE PAYMENT OF ANNUAL DUES AS ESTABLISHED BY THE BOARD OF DIRECTORS. ADDITIONALLY, BUSINESSES, ORGANIZATIONS, OR INDIVIDUALS THAT DO NOT OPERATE, OWN PROPERTY, OR RESIDE WITHIN OLD TOWN, BUT THAT SUBSCRIBE TO THE MISSION OF THE ASSOCIATION, SHALL BE ELIGIBLE FOR MEMBERSHIP IN THE ASSOCIATION UPON THE PAYMENT OF ANNUAL DUES AND SATISFACTION OF ANY OTHER REQUIREMENTS ESTABLISHED BY THE BOARD OF DIRECTORS; PROVIDED, HOWEVER, THAT AT NO TIME SHALL MORE THAN ONE-THIRD OF THE ASSOCIATION'S MEMBERS BE SUCH "AT LARGE" MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER IN GOOD STANDING SHALL BE ENTITLED TO ONE VOTE ON ANY MATTER SUBMITTED TO A VOTE OF THE MEMBERS. MEMBERS THAT ARE BUSINESSES OR ORGANIZATIONS SHALL DESIGNATE ONE EMPLOYEE, AGENT, OR OTHER REPRESENTATIVE TO SERVE AS THE MEMBER'S REPRESENTATIVE FOR PURPOSES OF THE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7B THE ASSOCIATION HOLDS AN ANNUAL MEMBERSHIP MEETING. MEMBERS CAN VOTE IN BOARD ELECTIONS AND ON ASSOCIATION BUSINESS AS IT IS PRESENTED TO THE MEMBERSHIP. MEMBERS ARE INVITED TO THE PUBLIC COMMENT PORTION OF THE BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE BOARD PRESIDENT AND THE TREASURER BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS RECEIVE, COMPLETE, AND SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. ALL EMPLOYEES ARE REQUIRED TO REVIEW AND SIGN THE POLICY ANNUALLY. THE BOARD REGULARLY REVIEWS THE POLICY FOR UPDATING. FORM 990, PART VI, SECTION C, LINE 19 ALL INFORMATION IS AVAILABLE TO THE PUBLIC UPON REQUEST.