2026-03-13T18:23:31-04:00 2025-12-31 381964450 WILLIS & JURASEK PC CPAS 4100 SPRING ARBOR ROAD JACKSON MI 492019306 990 2025-01-01 810880143 ALBION REINVESTMENT CORPORATION ALBI 9897995700 1100 S WASHINGTON AVENUE SUITE 3 SAGINAW MI 48601 SAMUEL SHAHEEN PRESIDENT 9897995700 2026-03-07 true S BRIAN JURASEK CPA P00057441 5177888660 2026-03-07 2025 2025-03-06 01:10:19Z SAMUEL SHAHEEN 1100 S WASHINGTON SUITE 3 SAGINAW MI 49601 748208 false X WWW.ALBIONREINVESTS.ORG X 2015 MI TO COMBAT COMMUNITY DETERIORATION IN THE DOWNTOWN BUSINESS DISTRICT OF THE CITY OF ALBION, MICHIGAN AND SURROUNDING AREAS BY USING ALL EFFECTIVE MEANS. X 5 5 0 3 0 19000 185800 36510 20875 -1344 -94478 1535 54166 113732 0 0 0 0 0 119497 118566 119497 118566 -65331 -4834 2067044 1472535 1264675 675000 802369 797535 TO COMBAT COMMUNITY DETERIORATION IN THE DOWNTOWN BUSINESS DISTRICT OF THE CITY OF ALBION, MICHIGAN AND SURROUNDING AREAS BY USING ALL EFFECTIVE MEANS. false false 111367 20875 TO PURCHASE, SELL, IMPROVE, SUBDIVIDE, CONDOMINIUMIZE, DEMOLISH, LEASE, BORROW, PLEDGE, MORTGAGE, MANAGE AND CONTROL ANY REAL OR PERSONAL PROPERTY WHICH MAY BE NECESSARY TO FULFILL THE FOREGOING CHARITABLE PURPOSES OR WHICH MAY BE TRANSFERRED TO THE CORPORATION BY GIFT, GRANT, DEVISE, BEQUEST, OR OTHERWISE FOR THE GENERAL PURPOSES OF THE CORPORATION. 6000 ALBION BIG PLAN - THE GOAL IS TO BUILD AN ECONOMY OF THE FUTURE THROUGH THE REVITALIZATION OF THE DOWNTOWN COMMUNITY. THE PLAN WILL REDEVELOP NINE PROPERTIES TO CREATE 20 RESIDENTIAL UNITS AND MORE THAN 10,000 SQUARE FEET OF COMMERCIAL SPACE. THIS PROJECT WILL TRANSFORM DOWNTOWN ENCOURAGING THE INVESTMENT OF NEW RESIDENTS AND SMALL BUSINESSES. 117367 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 true false true false false false true false false false false false true 0 0 false 0 false false false false false false false false false false false false false false X 5 5 false false false false false false false true true false false true true true true false false false false false MI X SAMUEL SHAHEEN 9897995700 1100 S WASHINGTON SUITE 3 SAGINAW MI 49601 X PASTOR ALBERT AMOS DIRECTOR 1.00 X 0 0 0 MAE OLA DUNKLIN DIRECTOR 1.00 X 0 0 0 JEFFREY A OTT SECRETARY - 1.00 X X 0 0 0 JEFFREY PETHERICK TREASURER-DI 1.00 X X 0 0 0 SAMUEL SHAHEEN PRESIDENT 2.00 X X 0 0 0 false false false 185800 185800 217 S. SUPERIOR STREET 16001 16001 309 S. SUPERIOR STREET 4800 4800 213 S. SUPERIOR STREET 74 74 20875 4 4 539994 634476 -94482 -94482 -94482 FORGIVEN INTEREST 1535 1535 1535 113732 -72072 4 6000 6000 1199 1199 25041 25041 85941 85941 REPAIRS 240 240 BUSINESS LICENSE 145 145 118566 117367 1199 0 4583 107465 5011 5015 3800 10000 812039 107906 1282578 704133 771072 645922 2067044 1472535 1192630 675000 72045 1264675 675000 X 802369 797535 802369 797535 2067044 1472535 -4834 X true X false true false X 25000 14271 136969 19000 185800 381040 42685 49242 57585 36510 22410 208432 67685 63513 194554 55510 208210 589472 589472 6 23 198 4 231 6 23 198 4 231 67685 63519 194577 55708 208214 589703 0.99960 0.99850 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 148477 148477 644743 103516 541227 18819 4390 14429 704133 DR SAMUEL SHAHEEN DIRECTOR X 350000 350000 false false true DR SAMUEL SHAHEEN DIRECTOR X 175000 175000 false false true DR SAMUEL SHAHEEN FAMILY FOUNDATION DIRECTOR OWNED X 100000 100000 false false true DR SAMUEL SHAHEEN DIRECTOR X 50000 50000 false false true 675000 SAMUEL SHAHEEN BOARD MEMBER 361924 LOAN REPAYMENT false false false false false FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT THEY COMPLY WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.