2018-08-14T11:36:56-05:00 2017-12-31 391203191 SVA CERTIFIED PUBLIC ACCTS SC 1221 JOHN Q HAMMONS DRIVE MADISON WI 53717 990 2017-01-01 391864684 MILWAUKEE URBAN STRATEGIC INVESTMENT CORP MILW 4142765995 756 NORTH MILWAUKEE STREET NO 400 MILWAUKEE WI 53202 PAT O'BRIEN PRESIDENT 4142765995 2018-07-31 1 DOUGLAS BERRY P00540951 6088318181 2017 2022-09-23 18:48:47Z PAT O'BRIEN 756 N MILWAUKEE ST SUITE 400 MILWAUKEE WI 53202 2943950 0 X N/A X 1996 WI SEE SUMMARY OF THE ORGANIZATION'S MISSION AT PART III, LINE 1. 4 4 0 4 0 0 88338 44146 2834882 2793237 82109 106567 0 0 3005329 2943950 27800 27000 0 0 0 0 0 0 0 2906797 2912346 2934597 2939346 70732 4604 16454477 16238655 17947047 17726621 -1492570 -1487966 THE PURPOSES OF MILWAUKEE URBAN STRATEGIC INVESTMENT CORP. (MUSIC) ARE TO COMBAT URBAN DETERIORATION, POVERTY, LOW EDUCATIONAL ACHIEVEMENT, JUVENILE DELINQUENCY, CRIMINALITY AND LOSS OF POPULATION (BOTH INDIVIDUALS AND BUSINESSES) IN THE GREATER MILWAUKEE, WISCONSIN AREA. 0 0 2783223 2793237 THE PURPOSES OF THIS ORGANIZATION ARE TO COMBAT URBAN DETERIORATION, POVERTY, LOW EDUCATIONAL ACHIEVEMENT, JUVENILE DELINQUENCY, CRIMINALITY AND LOSS OF POPULATION (BOTH INDIVIDUALS AND BUSINESSES) IN THE GREATER MILWAUKEE, WISCONSIN AREA. ONE OF ITS ACTIVITIES IS THE CONSTRUCTION, MAINTENANCE AND MANAGEMENT OF THE LIBRARY HILL HOUSING PROJECT IN THE DOWNTOWN AREA OF MILWAUKEE KNOWN AS "WESTOWN," THE STABILITY, SAFETY AND RESIDENTIAL AND COMMERCIAL DESIRABILITY OF WHICH ARE AFFECTED BY URBAN CONDITIONS THROUGHOUT THE GREATER MILWAUKEE COMMUNITY. ANOTHER ACTIVITY IS THE ACQUISITION, MAINTENANCE AND MANAGEMENT OF THE 2835 KILBOURN HOUSING PROJECT LOCATED IN MILWAUKEE, WISCONSIN. 27000 27000 TO MAKE STRATEGIC INVESTMENTS THAT PROMOTE THE STABILITY, SAFETY AND RESIDENTIAL AND COMMERCIAL DESIRABILITY OF THE NEIGHBORHOODS WHICH ARE AFFECTED BY URBAN CONDITIONS THROUGHOUT THE GREATER MILWAUKEE COMMUNITY. 2810223 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 X 4 4 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 X CRAIG KAMMHOLZ 4142874163 756 NORTH MILWAUKEE STREET SUITE MILWAUKEE WI 53202 X FRANK KREJCI TREASURER 1.00 X X 0 0 0 PAT O'BRIEN PRESIDENT 1.00 X X 0 0 0 MARY ELLEN POWERS SECRETARY 1.00 X X 0 0 0 DAVID BAUMGARTEN CHAIRMAN 1.00 X X 0 0 0 0 0 0 0 0 0 0 MANDEL PROPERTY SERVICES INC 301 E ERIE STREET MILWAUKEE WI 53202 MANAGEMENT COMPANY 128208 1 44146 44146 RENTAL INCOME - RESIDE 531390 2483515 2483515 PARKING INCOME 531390 212478 212478 RENTAL INCOME - COMMER 531390 56055 56055 STORAGE INCOME 531390 41189 41189 2793237 106567 106567 2943950 2793237 0 106567 27000 27000 138345 138345 7268 6143 1125 18130 12050 6080 41430 41430 47147 45772 1375 5779 5779 1709586 1693586 16000 588 588 138200 138200 435813 435813 PAYROLL/BENEFIT REIMBUR 353601 249058 104543 MISC. EXPENSES 16459 16459 2939346 2810223 129123 0 4478188 3297538 239471 240037 31872 27255 1691000 3000000 1670 51859 17078461 8819654 8539351 8258807 77000 535366 507787 937559 778372 16454477 16238655 592206 609158 9155 15629 17250627 16983241 95059 118593 17947047 17726621 X -1492570 -1487966 -1492570 -1487966 16454477 16238655 4604 0 X 1 X 0 1 0 X 88338 44146 132484 2545135 2598827 2582461 2834882 2793237 13354542 2545135 2598827 2582461 2923220 2837383 13487026 0 90039 70983 71805 69342 76827 378996 90039 70983 71805 69342 76827 378996 13108030 1440 1236 5602 82109 106567 196954 1440 1236 5602 82109 106567 196954 2546575 2600063 2588063 3005329 2943950 13683980 0.95790 0.96570 0.01440 0.00700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 138055 138055 14743057 6856465 7886592 2197349 1963189 234160 8258807 SECURITY DEPOSIT LIABILITY 118593 118593 1 BUBLR BIKES (FKA MIDWEST BIKESHARE INC) 1529 N RIVERCENTER DRIVE MILWAUKEE WI 53212 461052766 501(C)(3) 20000 TO SUPPORT THE OVERALL PROJECT. 1 0 PART I, LINE 2: ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS: THE ORGANIZATION REQUIRES EACH GRANT-FUNDED ORGANIZATION TO SUBMIT A REPORT WHICH PROVIDES DETAILS ON HOW THE GRANT FUNDS WERE DISTRIBUTED AND USED. FORM 990, PART VI, SECTION A, LINE 3 DELEGATION OF CONTROL OVER MANAGEMENT DUTIES: LIBRARY HILL LLC PAYS A FEE TO A MANAGEMENT COMPANY (MANDEL PROPERTY SERVICES, INC.) TO OPERATE THE LIBRARY HILL PROJECT AND MAINTAIN THE FINANCIAL RECORDS OF THE COMPANY. 2835 KILBOURN, LLC PAYS A FEE TO A MANAGEMENT COMPANY (TEAM MANAGEMENT, INC.) TO OPERATE THE 2835 KILBOURN PROJECT AND MAINTAIN THE FINANCIAL RECORDS OF THE COMPANY. FORM 990, PART VI, SECTION A, LINE 8B DOCUMENTATION OF THE MEETINGS HELD BY EACH COMMITTEE: THERE IS NO COMMITTEE WHICH HAS THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B PROCESS USED BY THE ORGANIZATION TO REVIEW THE FORM 990: THE FORM 990 IS REVIEWED BY THE PRESIDENT OF THE BOARD OF DIRECTORS, MANDEL PROPERTY SERVICES, INC. (THE MANAGEMENT AGENT FOR LIBRARY HILL LLC) AND TEAM MANAGEMENT, INC. (THE MANAGEMENT AGENT FOR 2835 KILBOURN, LLC) PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION C, LINE 19 HOW THE ORGANIZATION MAKES GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC: GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. LIBRARY HILL LLC 756 N MILWAUKEE ST STE 400 MILWAUKEE WI 53202 391864684 RESIDENTIAL/COMMERCIAL REAL ESTATE WI 2575765 8805182 MUSIC 2835 KILBOURN LLC 756 N MILWAUKEE ST STE 400 MILWAUKEE WI 53202 391864684 RESIDENTIAL REAL ESTATE WI 218384 963931 MUSIC