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SYLVANIA AREA COMMUNITY IMPROVEMENT CORPORATION: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
SYLVANIA AREA COMMUNITY IMPROVEMENT CORPORATION (EIN 34-1025755)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-02-10
IRS object ID
202140419349301414
Schema version
2020v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-02-10T15:48:35-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN341313730PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1VZN GROUP LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15900 RENAISSANCE PLAddressLine1Txt
CityTOLEDOCityNm
State AbbreviationOHStateAbbreviationCd
ZIP43623ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN341025755EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SYLVANIA AREA COMMUNITYBusinessNameLine1Txt
Business Name Line2IMPROVEMENT CORPORATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSYLVBusinessNameControlTxt
Phone4198428108PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15632 N MAIN STREETAddressLine1Txt
CitySYLVANIACityNm
State AbbreviationOHStateAbbreviationCd
ZIP43560ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJEFF CLEGGPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone4198428108PhoneNum
Signature2021-02-11SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJEFFERYPersonFirstNm
Person LastCLEGGPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN P MONAGHAN CPA CVAPreparerPersonNm
PTINP00538570PTIN
Phone4198821886PhoneNum
Preparation2021-02-10PreparationDt
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJEFF CLEGGPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15632 MAIN STREETAddressLine1Txt
CitySYLVANIACityNm
State AbbreviationOHStateAbbreviationCd
ZIP43560ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$47,548GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.SYLVANIACIC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1968FormationYr
Legal Domicile StateOHLegalDomicileStateCd
Activity Or MissionTHE COMMUNITY IMPROVEMENT CORPORATION WAS ESTABLISHED TO ATTRACT AND RETAIN BUSINESSES IN THE SYLVANIA, OHIO SCHOOL DISTRICT. THE CORPORATION ALSO FACILITATES THE DEVELOPMENT OF BUSINESS REAL ESTATE FOR THE LOCATION OF BUSINESSES IN THE SYLVANIA SCHOOL DISTRICT.ActivityOrMissionDesc
Voting Members Governing Body28VotingMembersGoverningBodyCnt
Voting Members Independent28VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$46,575PYProgramServiceRevenueAmt
CY Program Service Revenue$40,200CYProgramServiceRevenueAmt
PY Investment Income$4,179PYInvestmentIncomeAmt
CY Investment Income$6,548CYInvestmentIncomeAmt
PY Other Revenue$500PYOtherRevenueAmt
CY Other Revenue$800CYOtherRevenueAmt
PY Total Revenue$51,254PYTotalRevenueAmt
CY Total Revenue$47,548CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$45,638PYOtherExpensesAmt
CY Other Expenses$36,080CYOtherExpensesAmt
PY Total Expenses$45,638PYTotalExpensesAmt
CY Total Expenses$36,080CYTotalExpensesAmt
PY Revenues Less Expenses$5,616PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$11,468CYRevenuesLessExpensesAmt
Total Assets BOY$631,038TotalAssetsBOYAmt
Total Assets EOY$643,506TotalAssetsEOYAmt
Total Liabilities BOY$7,273TotalLiabilitiesBOYAmt
Total Liabilities EOY$8,273TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$623,765NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$635,233NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE COMMUNITY IMPROVEMENT CORPORATION WAS ESTABLISHED TO ATTRACT AND RETAIN BUSINESSES IN THE SYLVANIA, OHIO SCHOOL DISTRICT. THE CORPORATION ALSO FACILITATES THE DEVELOPMENT OF BUSINESS REAL ESTATE FOR THE LOCATION OF BUSINESSES IN THE SYLVANIA SCHOOL DISTRICT.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$16,769ExpenseAmt
DescTHE ORGANIZATION FACILITATES THE CONSTRUCTION OF WATER AND SEWER SERVICES. UPON MAKING SUCH SERVICES AVAILABLE TO BUSINESSES AND INDIVIDUALS, THE CORPORATION LOANS MONIES FOR THE CONSTRUCTION COSTS OF THE PROJECT AND PROVIDES FINANCING FOR PAYMENT. ALL TAP FEES ARE TREATED AS INCOME WHEN RECEIVED.Desc
Total Program Service Expenses$16,769TotalProgramServiceExpensesAmt
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxYes (true)SubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members28GoverningBodyVotingMembersCnt
Independent Voting Member28IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1VZN GROUP LLCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4198821886PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15900 RENAISSANCE PLACEAddressLine1Txt
CityTOLEDOCityNm
State AbbreviationOHStateAbbreviationCd
ZIP43623ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
MEG ADAMS
TRUSTEEYes (X)$0$0$0
LARRY BOYER
TRUSTEEYes (X)$0$0$0
ERIKA BURI
TRUSTEEYes (X)$0$0$0
JOHN HEALEY
PAST PRESIDEYes (X)$0$0$0
JOHN KANTNER
TRUSTEEYes (X)$0$0$0
STEVE LEAMY
TRUSTEEYes (X)$0$0$0
NEAL MAHONEY
TRUSTEEYes (X)$0$0$0
MIKE MCMAHON
TRUSTEEYes (X)$0$0$0
VERONICA MOTLEY
TRUSTEEYes (X)$0$0$0
BILL SANFORD
TRUSTEEYes (X)$0$0$0
CRAIG STOUGH
TRUSTEEYes (X)$0$0$0
MARC STREETER
TRUSTEEYes (X)$0$0$0
OLIVER TURNER
TRUSTEEYes (X)$0$0$0
JERRY ARKEBAUER
PAST PRESIDE$0$0$0Yes (X)
JEFF CLEGG
PRESIDENT$0$0$0Yes (X)
JOHN MONAGHAN
TREASURER$0$0$0Yes (X)
MICHELLE SPROTT
SECRETARY$0$0$0Yes (X)
DARRELL WACHOWIAK
VICE PRESIDE$0$0$0Yes (X)
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescMEMBERSHIP DUES & ASSESSMENTSDesc
Total Revenue Column$40,200TotalRevenueColumnAmt
Related Or Exempt Func Income$40,200RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$40,200TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,548TotalRevenueColumnAmt
Related Or Exempt Func Income$6,548RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescLOAN PROCESSING FEEDesc
Total Revenue Column$800TotalRevenueColumnAmt
Related Or Exempt Func Income$800RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$800OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$47,548TotalRevenueColumnAmt
Related Or Exempt Func Income$47,548RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$800TotalAmt
Program Services$800ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$1,500TotalAmt
Program Services$1,500ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$6,000TotalAmt
Program Services$6,000ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$7,311TotalAmt
Management And General$7,311ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$12,000TotalAmt
Management And General$12,000ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$537TotalAmt
Program Services$537ProgramServicesAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
DONATIONS$5,000$5,000
INSURANCE$2,932$2,932

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$36,080TotalAmt
Program Services$16,769ProgramServicesAmt
Management And General$19,311ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$94,813BOYAmt
EOY$254,927EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$135,200BOYAmt
EOY$62,629EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$392,847BOYAmt
EOY$317,772EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$8,178BOYAmt
EOY$8,178EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$631,038BOYAmt
EOY$643,506EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,273BOYAmt
EOY$8,273EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,273BOYAmt
EOY$8,273EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$623,765BOYAmt
EOY$635,233EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$623,765BOYAmt
EOY$635,233EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$631,038BOYAmt
EOY$643,506EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$11,468ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues NondedfalseSubstantiallyAllDuesNondedInd
Only In House LobbyingfalseOnlyInHouseLobbyingInd
Agree Carryover Prior YearfalseAgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
PREPAID MEMBERSHIP$8,000
PREPAID ANNUAL MEETING SPONSOR$273
FieldValueIRS element (for citing)
Total Liability$8,273TotalLiabilityAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONTHE COMMUNITY IMPROVEMENT CORPORATION WAS ESTABLISHED TO ATTRACT AND RETAIN BUSINESSES IN THE SYLVANIA, OHIO SCHOOL DISTRICT. THE CORPORATION ALSO FACILITATES THE DEVELOPMENT OF BUSINESS REAL ESTATE FOR THE LOCATION OF BUSINESSES IN THE SYLVANIA SCHOOL DISTRICT.
FORM 990, PAGE 6, PART VI, LINE 11BTHE FORM 990 IS DISTRIBUTED TO GOVERNING BODY FOR DISCUSSION AND APPROVAL OR DISAPPROVAL.
FORM 990, PAGE 6, PART VI, LINE 19ALL DOCUMENTS INCLUDING GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11GDIRECTOR FEES 6,000 0 0