2026-09-11T08:47:55-07:00 2023-12-31 030483170 CEA Scholtes and Associates 106 Tunbridge Rd Baltimore MD 21212 990 2023-01-01 824930672 THE COMPOUND INC COMP 4434658856 2239 KIRK AVENUE BALTIMORE MD 21218 NICHOLAS WISNIEWSKI Treasurer 2026-09-11 true true CHRIS SCHOLTES CPA P01607734 4103230010 2023 X NICHOLAS WISNIEWSKI 2239 KIRK AVENUE BALTIMORE MD 21218 200331 false X N/A X 2018 MD THE COMPOUND IS AN ARTIST-RUN NONPROFIT THAT SUPPORTS THE COLLECTIVE PRODUCTION OF EXPERIMENTAL CULTURAL, SOCIAL AND URBAN SPACE IN BALTIMORE CITY. WE DO THIS BY DEVELOPING AND RENTING OUT AFFORDABLE AND SAFE HOUSING, STUDIO SPACE, AND EVENT SPACE FOR ARTISTS AND ARTISANS. THE COMPOUND , OUR FLAGSHIP SPACE, ALSO PRODUCES VIBRANT CULTURAL AND COMMUNITY PROGRAMMING AND SERVES AS AN INCUBATOR FOR LOCAL SMALL BUSINESSES, NONPROFITS, AND VOLUNTEER VENTURES THAT SERVE OUR EAST BALTIMORE MIDWAY COMMUNITY. 5 3 3 17 0 16987 56010 148139 140525 0 3796 165126 200331 0 0 9855 0 5286 282746 139293 282746 149148 -117620 51183 885319 1679109 65451 627273 819868 1051836 THE COMPOUND IS AN ARTIST-RUN NONPROFIT THAT SUPPORTS THE COLLECTIVE PRODUCTION OF EXPERIMENTAL CULTURAL, SOCIAL AND URBAN SPACE IN BALTIMORE CITY. WE DO THIS BY DEVELOPING AND RENTING OUT AFFORDABLE AND SAFE HOUSING, STUDIO SPACE, AND EVENT SPACE FOR ARTISTS AND ARTISANS. THE COMPOUND , OUR FLAGSHIP SPACE, ALSO PRODUCES VIBRANT CULTURAL AND COMMUNITY PROGRAMMING AND SERVES AS AN INCUBATOR FOR LOCAL SMALL BUSINESSES, NONPROFITS, AND VOLUNTEER VENTURES THAT SERVE OUR EAST BALTIMORE MIDWAY COMMUNITY. false false 121508 144321 THE COMPOUND PROVIDES BELOW MARKET-RATE HOUSING AND STUDIO SPACE FOR 24 ARTISTS AND ARTISANS. 121508 true true false false false 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 true false false false true false false false false false true false false false true 7 0 false 3 true false false false false false false false 0 false false false false false false false X 5 3 true false false false false false false true false false false true true true true true true false false false MD X NICHOLAS WISNIEWSKI 4434658856 2239 KIRK AVENUE BALTIMORE MD 21218 NICHOLAS WISNIEWSKI Treasurer 6.00 0.00 X X 1846 0 0 MARLON ZIELLO President 2.00 0.00 X X 0 0 0 Derrick Adams Vice President 2.00 0.00 X X 0 0 0 MERRELL HAMBLETON Secretary 4.00 0.00 X X 0 0 0 DANE NESTER Director 1.00 0.00 X 0 0 0 1846 0 false false false 0 56010 56010 PERFORMANCE VENUE 900099 56466 56466 SPACE RENTAL 531190 84059 84059 140525 0 0 0 0 0 0 0 0 DRYWALL Sale 900099 3796 3796 3796 200331 144321 X 0 0 0 0 1846 923 923 0 7044 4569 1650 825 0 0 965 482 299 184 0 150 150 3603 3603 0 0 0 54826 49126 3850 1850 713 713 909 741 136 32 2144 1747 321 76 0 41975 41975 559 455 84 20 0 0 0 0 0 7093 7093 REAL ESTATE AND PROPERTY TAXES 9221 8841 380 MATERIAL AND SUPPLIES 7310 7310 REPAIR AND MAINTENANCE 3559 3559 PASSIVE HOUSE 2500 1675 200 625 4731 878 3815 38 149148 121508 22354 5286 50761 64264 0 0 5525 0 0 0 92047 0 0 1542943 20145 829033 1522798 0 0 0 0 0 885319 1679109 25451 20646 40000 356627 250000 65451 627273 X 391868 1051836 428000 819868 1051836 885319 1679109 51183 180785 X false false false X 486163 150500 428000 16987 56010 1137660 0 0 486163 150500 428000 16987 56010 1137660 475881 661779 0 0 487 3796 4283 1141943 593400 0.57950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 467589 467589 1075354 20145 1055209 1522798 WZ LLC LL/TENANT Renovation X 40000 75171 false true false Nick Wisniewski Treasurer OPERATIONS X 240000 240000 false true false PHRAME LL/TENANT LOAN X 41456 41456 false true false 356627 WZ LLC LANDLORD/TENANT 6000 RENT EXPENSE false WZ LLC LANDLORD/TENANT 1589 expense reimbursement false PHRAME LANDLORD/TENANT 9429 Expense reimbursements false WZ LLC LANDLORD/TENANT 1522798 Building&Improvement,Net false Schedule L, Part V Supplemental Information RENT: The Organization has entered into a lease agreement with a company to rent the building it currently occupies. The COMPANY, WZ LLC, is owned by two board members of THE COMPOUND. During the year ending December 31, 2023, the Organization paid WZ LLC $6,000 in rental payments, and $1,589 IN EXPENSE REIMBURSEMENTS. LOAN: AS OF DECEMBER 31, 2023, THERE IS A $60,000 BALANCE ON A LOAN FROM THE LANDLORD, WZ LLC, TO FUND RENOVATIONS, and $15,171 in deferred rent, for a total of $75,171 due to QZ, LLC. ADDITIONALLY, DURING 2023 The ORGANIZATION RECEIVED A LOAN OF $240,000 from the TREASURER. THE BALANCE AS DECEMBER 31, 2023 IS $240,000. AN ADDITIONAL RELATED PARTY LOAN WAS RECEIVED DURING 2023. THIS LOAN IS WITH PHRAME, INC, A COMPANY OWNED BY TWO BOARD MEMBERS AND IT HAS A BALANCE OF $41,456 AS OF DECEMBER 31, 2023. BUILDING & IMPROVEMENTS: THE ORGANIZATION HAS SPENT $1,522,798, NET OF DEPRECIATION, in buildings and improvements on a building owned by WZ, LLC. Form 990, Part VI, Section A, Line 2 TWO OFFICERS, NICHOLAS WISNIEWSKI AND MARLON ZIELLO, OWN BUSINESSES, WZ LLC AND PHRAME INC , TOGETHER. Form 990, Part VI, Section B, Line 11b A DRAFT OF THE 990 WILL BE CIRCULATED VIA EMAIL AND APPROVED BY VOTE DURING A SPECIAL MEETING. Form 990, Part VI, Section B, Line 12c AT EACH QUARTERLY MEETING, BOARD MEMBERS ARE ASKED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. POTENTIAL CONFLICT OF INTEREST ISSUES THAT ARISE BETWEEN MEETINGS ARE ADDRESSED ON A CASE BY CASE BASIS BY THE ENTIRE BOARD. Form 990, Part VI, Section C, Line 19 NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC. Midway Neighborhood Cooperative 2239 KIRK AVENUE BALTIMORE MD 21218 832894699 Neighborhood Development MD 501c3 7 N/A false WZ LLC 2239 KIRK AVENUE BALTIMORE MD 21218 800562324 REAL ESTATE INVESTMENT MD N/A false false PHRAME 2239 KIRK AVENUE BALTIMORE MD 21218 CUSTOM FRAMING MD N/A false false false false true true false false true false false true false false false false true true false false Midway Neighborhood Cooperative d 92047 FMV Midway Neighborhood Cooperative h 388 FMV Midway Neighborhood Cooperative p 529567 FMV Midway Neighborhood Cooperative q 3796 FMV WZ LLC e 75171 FMV WZ LLC k 6000 COST WZ LLC p 1589 FMV PHRAME e 41456 FMV PHRAME p 9429 FMV Part III 1 WZ, LLC owns the building that The Compound is using, and the parties have a lease agreement for $60,000 in rent per year. WZ, LLC is owned by two directors of The Compound, Nicholas Wisniewski and Marlon Ziello. Nicholas has control over the daily operations of both organizations and they are determined to be brother-sister companies. There were $1,589 in expense reimbursements to WZ, LLC in 2023. PHRAME, INC, A CORPORATION is one of the artists that rents studio space in the Compound. PHRAME is owned by two directors of The Compound, Nicholas Wisniewski and Marlon Ziello. There was a $41,456 loan made by PHRAME to the Compound in 2023. There were $9,429 in expense reimbursements paid to PHRAME in 2023.