2022-05-04T12:38:36-05:00 2021-06-30 873707167 CBIZ MARKS PANETH LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2020-07-01 133808669 UPPER MANHATTAN EMPOWERMENT ZONE DEVELOPMENT CORPORATION UPPE 2124100030 55 WEST 125TH STREET 11TH FLOOR NEW YORK NY 10027 BLAIR M DUNCAN PRESIDENT & CEO 2124100030 2022-02-09 1 BLAIR DUNCAN 999009999 MAGDALENA M CZERNIAWSKI P00535099 2125038800 2022-02-09 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z BLAIR M DUNCAN 55 WEST 125TH STREET 11TH FLOOR NEW YORK NY 10027 3433188 0 X WWW.UMEZ.ORG X 1995 NY TO SUSTAIN THE ECONOMIC REVITALIZATION OF ALL COMMUNITIES IN UPPER MANHATTAN. 15 15 20 15 0 0 4532439 1839879 1056242 961931 954001 510446 314341 120932 6857023 3433188 2400787 1482188 0 0 2540614 2256400 0 0 0 1001048 938891 5942449 4677479 914574 -1244291 83528434 90632786 11749603 20271688 71778831 70361098 TO SUSTAIN THE ECONOMIC REVITALIZATION OF ALL COMMUNITIES IN UPPER MANHATTAN THROUGH JOB CREATION, CORPORATE ALLIANCES, STRATEGIC INVESTMENTS, AND SMALL BUSINESS ASSISTANCE. 0 0 4157061 1482188 1082863 TO SUSTAIN THE ECONOMIC REVITALIZATION OF ALL COMMUNITIES IN UPPER MANHATTAN THROUGH JOB CREATION, CORPORATE ALLIANCES, STRATEGIC INVESTMENTS, AND SMALL BUSINESS ASSISTANCE. 173442 173442 4157061 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 13 0 1 20 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 NY X GAFFAR MOHAMED CFO 2124100030 55 WEST 125TH STREET 11TH FLOOR NEW YORK NY 10027 AMIR KIRKWOOD SECRETARY 5.00 X X 0 0 0 CHRISTOPHER BROWN DIRECTOR 5.00 X 0 0 0 DENNIS MITCHELL DIRECTOR 5.00 X 0 0 0 ELEAZAR BUENO DIRECTOR 5.00 X 0 0 0 HARRIET MICHEL DIRECTOR 5.00 5.00 X 0 0 0 JOSEPH J JOHNSON III CHAIRPERSON 5.00 X X 0 0 0 KEVIN CHAVERS DIRECTOR 5.00 X 0 0 0 LISA DOWNING DIRECTOR 5.00 5.00 X 0 0 0 MAURINE KNIGHTON VICE CHAIR 5.00 X X 0 0 0 MICHAEL SMART DIRECTOR 5.00 X 0 0 0 NIKISHA ALCINDOR DIRECTOR 5.00 X 0 0 0 NILSA ORAMA DIRECTOR 5.00 X 0 0 0 REV GEORGIETTE MORGAN-THOMAS DIRECTOR 5.00 X 0 0 0 SABRINA STRATTON DIRECTOR 5.00 X 0 0 0 TERESA EYRING TREASURER 5.00 X X 0 0 0 BLAIR M DUNCAN CEO 37.50 5.00 X 282682 0 120109 BLAIR SMITH CIO (OUTGOING) 37.50 5.00 X 173294 0 34688 GAFFAR MOHAMED CFO 37.50 5.00 X 141709 0 40512 ELIZABETH HARRIS GENERAL COUNSEL 37.50 X 164277 0 24290 VERDERY ROOSEVELT SVP, CULTURAL AFFAIRS 37.50 X 162379 0 20838 WILLIAM CHASE SENIOR UNDERWRITER 37.50 X 128862 0 19337 YAHSHAANYAH HILL VP. WORKFORCE OPPORTUNITY 37.50 X 112534 0 5435 1165737 0 265209 7 0 1 0 VENABLE LLP PO BOX 62727 BALTIMORE MD 21264 LEGAL SERVICES 264893 ARENT FOX LLP PO BOX 644672 PITTSBURGH PA 15264 LEGAL SERVICES 211941 2 1789879 50000 1839879 INTEREST ON LOANS 523930 769140 769140 CLOSING FEES 523930 192791 192791 961931 510446 510446 MISC INCOME 900099 120932 120932 120932 3433188 1082863 0 510446 1482188 1482188 694861 625375 69486 1135142 939181 195961 46520 34979 11541 241778 201021 40757 138099 117384 20715 122861 99005 23856 42000 42000 137959 117266 20693 2057 1748 309 105062 89303 15759 318616 270824 47792 93 79 14 720 612 108 46321 39373 6948 42709 36303 6406 DUES AND SUBSCRIPTIONS 45912 39025 6887 EQUIPMENT PURCHASES 42148 35826 6322 EQUIPMENT RENTAL 14199 12069 2130 MISCELLANEOUS 8419 7157 1262 9815 8343 1472 4677479 4157061 520418 0 1500 1500 51015387 54763860 2071630 5124963 17555717 17412932 23144 42429 469506 447589 68238 21917 12569560 12745773 223258 519412 83528434 90632786 490363 233937 10674383 19440008 398216 355920 186641 241823 11749603 20271688 X 71778831 70361098 71778831 70361098 83528434 90632786 -1244291 -173442 0 X X 0 1 X 1 1 1 X 2882652 8728178 10499826 4532439 1839879 28482974 2882652 8728178 10499826 4532439 1839879 28482974 28482974 176082 347092 734198 954001 510446 2721819 17910 137821 115674 314341 120932 706678 31911471 4935167 0.89260 0.90340 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISC INCOME - 2016 AMOUNT: $ 17,910. 2018 AMOUNT: $ 44. 2019 AMOUNT: $ 18,046. 2020 AMOUNT: $ 120,932. SERVICE FEES - 2017 AMOUNT: $ 137,821. HCDC ADMIN REVENUE - 2018 AMOUNT: $ 25,000. 2019 AMOUNT: $ 50,000. FORGIVABLE LOAN RECOGNIZED - 2018 AMOUNT: $ 90,630. 2019 AMOUNT: $ 246,045. APPLICATION FEES - 2019 AMOUNT: $ 250. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 403430 393395 10035 45787 33905 11882 20289 20289 0 21917 DUE TO AFFILIATE 2908 DEFFERED RENT 6389 DEFFERED COMPENSATION 232526 241823 X 3419637 -173442 159891 -13551 3433188 0 3433188 4477034 -200445 -200445 4677479 0 4677479 PART X, LINE 2: THE ORGANIZATION BELIEVES IT HAD NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2021 AND 2020 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION TOPIC 740 "INCOME TAXES", WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY'S REVENUE 593,082. CONSOLIDATED ELIMINATION -433,191. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY'S EXPENSES 232,746. CONSOLIDATING ELIMINATIONS -433,191. 1 BUSINESS RESOURCE & INVESTMENT SERVICE CENTER 55 WEST 125TH STREET 11TH FL NEW YORK NY 10027 133925609 501(C)(3) 433191 DEVELOPMENT E MONTE MOTION INC 300 WEST 145TH STREET 5S NEW YORK NY 10039 133096579 501(C)(3) 7500 DEVELOPMENT HARLEM ARTS ALLIANCE 229 WEST 135TH STREET NEW YORK NY 10030 470873119 501(C)(3) 15000 DEVELOPMENT HARLEM BUSINESS ALLIANCE 275 MALCOLM X BLVD 2ND FLOOR NEW YORK NY 10027 133591350 501(C)(3) 64600 DEVELOPMENT HIP-HOP THEATER FESTIVAL 215 EAST 99TH STREET NEW YORK NY 10029 421642691 501(C)(3) 50000 DEVELOPMENT LOWER MANHATTAN CULTURAL COUNCIL INC 125 MAIDEN LANE 2ND FLOOR NEW YORK NY 10038 237348782 501(C)(3) 425000 DEVELOPMENT MUSEUM OF THE CITY OF NEW YORK INC 1220 FIFTH AVENUE NEW YORK NY 10029 131624098 501(C)(3) 95000 DEVELOPMENT RESEARCH FOUNDATION OF CUNY 230 WEST 41ST STREET 7TH FL NEW YORK NY 10036 131988190 501(C)(3) 50360 DEVELOPMENT THE MAMA FOUNDATION OF THE ARTS INC 149 WEST 126TH STREET NEW YORK NY 10027 311614732 501(C)(3) 40000 DEVELOPMENT URBAN UPBOUND 12-11 40TH AVENUE LONG ISLAND CITY NY 11101 861096987 501(C)(3) 10000 DEVELOPMENT SOHARLEM INC 1361 AMSTERDAM AVENUE SUITE 340 NEW YORK NY 10027 471640149 501(C)(3) 10541 DEVELOPMENT HEALTHCARE INDUSTRY GRANT CORPORATION PO BOX 842 NEW YORK NY 10108 134197609 501(C)(3) 208897 DEVELOPMENT 12 PART I, LINE 2: UMEZ STAFF CONDUCTS COMPLIANCE SITE VISITS TO ENSURE THAT GRANT FUNDS ARE SPENT FOR THE PURPOSE FOR WHICH THEY WERE GIVEN. IT IS ALSO A REQUIREMENT THAT GRANTEES SUBMIT REPORTS ON THEIR ACTIVITIES. THESE REPORTS ARE COLLECTED AND REVIEWED BY UMEZ STAFF TO ENSURE COMPLIANCE WITH GRANT DOCUMENTS. X X X 0 1 0 0 0 0 0 0 0 BLAIR M DUNCAN CEO 281908 0 0 0 774 0 84250 0 35859 0 402791 0 0 0 BLAIR SMITH CIO (OUTGOING) 172864 0 0 0 430 0 0 0 34688 0 207982 0 0 0 ELIZABETH HARRIS GENERAL COUNSEL 164097 0 0 0 180 0 7854 0 16436 0 188567 0 0 0 VERDERY ROOSEVELT SVP, CULTURAL AFFAIRS 160093 0 0 0 2286 0 8063 0 12775 0 183217 0 0 0 GAFFAR MOHAMED CFO 139423 0 0 0 2286 0 7012 0 33500 0 182221 0 0 0 PART I, LINE 4B THE CURRENT CEO (BLAIR DUNCAN) PARTICIPATES IN A NONQUALIFIED DEFERRED COMPENSATION PLAN MEETING THE REQUIREMENTS OF SECTION 457(F) OF THE INTERNAL REVENUE SERVICE, AND THE CONTRIBUTION UNDER THE PLAN WAS $70,000. THIS IS REPORTED IN PART II, LINE C. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT. THE RETURN IS REVIEWED BY THE AUDIT COMMITTEE AND DISTRIBUTED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL STAFF AND BOARD MEMBERS ARE REQUIRED TO SIGN AN ANNUAL DISCLOSURE FORM. THE FORMS ARE REVIEWED AND CONFLICTS, IF ANY, ARE ADDRESSED. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS WHICH IS COMPRISED OF INDEPENDENT DIRECTORS REVIEWS COMPARABLE DATA PREPARED BY AN INDEPENDENT CONSULTANT. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST AND THROUGH THE OFFICE OF THE NEW YORK STATE ATTORNEY GENERAL. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. BUSINESS RESOURCE AND INVESTMENT SERVICE CENTER INC 55 WEST 125TH STREET 11TH FLOOR NEW YORK NY 10027 133925609 PROVIDES FINANCIAL ASSISTANCE TO ELIGIBLE BUSINESSES NY 501(C)(3) LINE 7 UPPER MANHATTON EMPOWERMENT ZONE DEV CORP 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 BUSINESS RESOURCE & INVESTMENT SERVICE CENTER INC B 433191 FMV