2016-11-08T14:31:26-06:00 2015-12-31 391203191 SVA CERTIFIED PUBLIC ACCTS SC 1221 JOHN Q HAMMONS DRIVE MADISON WI 53717 990 2015-01-01 391864684 Milwaukee Urban Strategic Investment Corp MILW 4142765995 756 North Milwaukee Street No 400 Milwaukee WI 53202 Pat O'Brien President 4142765995 2016-11-07 1 Douglas Berry P00540951 6088318181 2016-11-04 2015 2017-02-10 21:41:12Z PAT O'BRIEN 756 N MILWAUKEE ST SUITE 400 MILWAUKEE WI 53202 2588063 0 X N/A X 1996 WI SEE SUMMARY OF THE ORGANIZATION'S MISSION AT PART III, LINE 1. 4 4 0 0 0 0 0 0 2598827 2582461 1236 5602 0 0 2600063 2588063 20000 38500 0 0 0 0 0 0 0 2550654 2667270 2570654 2705770 29409 -117707 16199090 15896810 17655502 17460112 -1456412 -1563302 X 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. ITS ACTIVITIES INCLUDE 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. 0 0 2591059 2582461 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. ITS ACTIVITIES INCLUDE 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. 38500 38500 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. 2629559 1 0 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 MANDEL PROPERTY SERVICES INC 4142702757 301 E ERIE STREET 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 128483 1 RENTAL INCOME - RESIDE 531390 2245564 2245564 PARKING INCOME 531390 206909 206909 RENTAL INCOME - COMMER 531390 87100 87100 STORAGE INCOME 531390 42888 42888 2582461 5602 5602 2588063 2582461 0 5602 38500 38500 128483 128483 18714 18714 5800 5000 800 67736 67736 25904 24743 1161 6583 6583 1499642 1488392 11250 192 192 191170 191170 409955 409955 PAYROLL/BENEFIT REIMBUR 294070 231070 63000 MISC. EXPENSES 19021 19021 2705770 2629559 76211 0 5830304 4414740 484138 491828 25502 28387 100000 1690000 75107 96691 16077964 8001359 8425718 8076605 759666 555369 498655 543190 16199090 15896810 550550 599666 1056 14623 17008000 16770836 95896 74987 17655502 17460112 X -1456412 -1563302 -1456412 -1563302 16199090 15896810 -117707 10817 0 X 1 X 0 1 0 X 2310046 2419026 2545135 2598827 2582461 12455495 2310046 2419026 2545135 2598827 2582461 12455495 0 67372 57253 90039 70983 71805 357452 67372 57253 90039 70983 71805 357452 12098043 2002 1121 1440 1236 5602 11401 2002 1121 1440 1236 5602 11401 2312048 2420147 2546575 2600063 2588063 12466896 0.97040 0.96560 0.00090 0.00080 X 1 1 14313908 6288861 8025047 1764055 1712498 51557 8076605 SECURITY DEPOSIT LIABILITY 74987 74987 1 BUBLR BIKES (FKA MIDWEST BIKESHARE INC) 1529 N RIVERCENTER DRIVE MILWAUKEE WI 53212 461052766 501(c)(3) 20000 TO SUPPORT THE OVERALL PROJECT. MID-WEST ENERGY RESEARCH CONSORTIUM 4201 N 27 STREET SEVENTH FLOOR MILWAUKEE WI 53216 611618708 501(c)(3) 10000 TO SUPPORT THE CENTURY CITY ENERGY INNOVATION CENTER PROJECT. 2 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. 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 11 PROCESS USED BY THE ORGANIZATION TO REVIEW THE FORM 990: THE FORM 990 IS REVIEWED BY THE PRESIDENT OF THE BOARD OF DIRECTORS AND MANDEL PROPERTY SERVICES, INC. (THE MANAGEMENT AGENT) 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. FORM 990, PART VI, SECTION C DISCLOSURE MANDEL PROPERTY SERVICES, INC. POSSESSES THE BOOKS AND RECORDS OF LIBRARY HILL, LLC. CRAIG KAMMHOLZ POSSESSES THE BOOKS AND RECORDS OF MILWAUKEE URBAN STRATEGIC INVESTMENT CORP. LIBRARY HILL LLC 756 N MILWAUKEE ST STE 400 MILWAUKEE WI 53202 391864684 RESIDENTIAL/COMMERCIAL REAL ESTATE WI 2583758 13249340 MUSIC 2835 KILBOURN LLC 756 N MILWAUKEE ST STE 400 MILWAUKEE WI 53202 391864684 RESIDENTIAL REAL ESTATE WI 0 33000 MUSIC