2026-05-14T09:36:46-05:00 2025-06-30 310800053 CLARK SCHAEFER HACKETT & CO 1 EAST 4TH STREET CINCINNATI OH 45202 990 2024-07-01 311240715 EXCEL DEVELOPMENT COMPANY INC EXCE 5136327149 2403 AUBURN AVE CINCINNATI OH 45219 KEVIN COOLEY SR CEO 5136327149 2026-05-08 1 1 NATOSHA CARR P01225377 5132413111 2026-05-08 2024 2025-03-06 01:10:19Z KEVIN COOLEY SR 2403 AUBURN AVE CINCINNATI OH 45219 12936852 0 X HTTPS://WWW.EXCELDEV.ORG X 1988 OH TO PROVIDE QUALIFIED INDIVIDUALS AFFORDABLE HOUSING THAT SATISFIES THEIR RESIDENTIAL NEEDS. 10 10 46 11 21808 0 7441460 9558157 3077976 3082966 49614 45106 13261 13374 10582311 12699603 4922800 5000965 0 0 2870594 3104486 0 0 0 4110405 4541764 11903799 12647215 -1321488 52388 16515442 17281241 7207164 7839028 9308278 9442213 TO PROVIDE QUALIFIED INDIVIDUALS AFFORDABLE HOUSING THAT SATISFIES THEIR RESIDENTIAL NEEDS. 0 0 11417572 5000965 3061158 EXCEL DEVELOPMENT CO., INC. SUPPORTS SEVERELY MENTALLY ILL INDIVIDUALS AND THEIR FAMILIES IN OVER 1,100 APARTMENTS BY PROVIDING RENTAL SUBSIDIES AND HOUSING SUPPORT IN TWO DIFFERENT PERMANENT SUPPORTIVE HOUSING PROGRAMS. EXCEL DEVELOPMENT CO., INC.'S HOUSING PROGRAMS PROVIDE NECESSARY SUPPORT FOR THEIR CLIENTS TO OBTAIN AND REMAIN IN SUITABLE INDEPENDENT LIVING SITUATIONS. 11417572 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 324 0 1 46 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X EXCELSIOR ACCOUNTING SERVICES 5139008801 3825 EDWARDS RD FL 1 CINCINNATI OH 45209 WEB BREWER TRUSTEE 1.00 X 0 0 0 TORRI COOK TRUSTEE 1.00 X 0 0 0 ZAMARIS GELESZINSKI TRUSTEE 1.00 X 0 0 0 TRENA GOODWIN TRUSTEE 1.00 X 0 0 0 PAULA NEISES TRUSTEE 1.00 X 0 0 0 TRINA TURNER TRUSTEE 1.00 X 0 0 0 MARTHA WASSERMANN TRUSTEE 1.00 X 0 0 0 SUSAN M ARGO CHAIRPERSON 1.00 X X 0 0 0 ANITA G KUPPIN VICE-CHAIR (UNTIL AUGUST) 1.00 X X 0 0 0 MARTIN L ACKERMAN TREASURER 1.00 X X 0 0 0 JOHN FRANK JR SECRETARY 1.00 X X 0 0 0 KEVIN COOLEY SR CEO 40.00 X 319808 0 5096 CONNIE JONES COO (TERM. OCT 2024) 40.00 X 157421 0 560 ERRICH MINCY MAINTENANCE TECHNICIAN 59.00 X 113778 0 633 SHANIKA RISTON-CRUZ DIRECTOR OF PROPERTY MANAGEMENT 40.00 X 112970 0 1316 DEBORAH AVERY CFO (TERM. MAR 2024) 40.00 X 141422 0 1170 845399 0 8775 5 1 1 0 BLAIR LAWN CARE PO BOX 181085 FAIRFIELD OH 45018 LANDSCAPING & REPAIRS 443540 TRAVIS GEESMAN 8265 E MAIN ST ALEXANDRIA KY 41001 REPAIRS & CONSTRUCTION 304525 ROBERT HALF 12400 COLLECTIONS CENTER DR CHICAGO IL 60693 PROFESSIONAL SERVICES 258648 EXCELSIOR ACCOUNTING SERVICES 3825 EDWARDS RD FL 1 CINCINNATI OH 45209 PROFESSIONAL SERVICES 190020 BG LANDSCAPING 30 WESTWOOD DR APTA FAIRFIELD OH 45014 LANDSCAPING 109751 6 8784001 774156 9558157 RENTAL INCOME 531110 3049951 3028143 21808 FEES FOR SERVICES 531110 19474 19474 PROPERTY MANAGEMENT FEES 531110 13541 13541 3082966 58380 58380 223975 237249 -13274 -13274 -13274 LAUNDRY & VENDING 531110 9956 9956 NSF & LATE CHARGES 531110 1662 1662 MISCELLANEOUS 900099 1494 1494 262 262 13374 12699603 3061158 21808 58480 5000965 5000965 625477 437834 187643 2205243 1543670 661573 36332 25433 10899 237434 166204 71230 13683 10946 2737 59204 47363 11841 6030 4824 1206 270059 216047 54012 274682 192277 82405 14875 11900 2975 133285 93300 39985 3386 2709 677 32120 32120 483745 435371 48374 204358 183922 20436 PROPERTY EXPENSES 3038689 3038689 BANK FEES 7648 6118 1530 12647215 11417572 1229643 0 1950220 298058 98021 23066 1353598 2432653 77875 7640 86331 126523 15671776 7738553 8089021 7933223 1129049 1232465 3731327 5227613 16515442 17281241 674189 500018 49662 32017 2584983 1805734 3898330 5501259 7207164 7839028 X 9308278 9442213 9308278 9442213 16515442 17281241 52388 81547 0 X X 0 1 X 1 1 1 X 6600232 6534683 7421535 7441460 9558157 37556067 6600232 6534683 7421535 7441460 9558157 37556067 37556067 98093 89299 87613 66336 58380 399721 86320 172016 290178 13261 13374 575149 38530937 13838294 0.97470 0.96980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 49662 398425 416070 32017 1 X 763482 763482 14003867 7269097 6734770 904427 469456 434971 7933223 CASH HELD IN BENEFIT OF OTHERS 32017 RIGHT-OF-USE ASSETS 5195596 5227613 SECURITY DEPOSITS 168880 OPERATING LEASE LIABILITIES 5332379 5501259 12749030 81547 -32120 49427 12699603 0 12699603 12615095 0 12615095 32120 32120 12647215 PART IV, LINE 2B: EXCEL DEVELOPMENT CO, INC. HAS A MONTH-TO-MONTH CONTRACT IN WHICH EXCEL PERFORMS PROPERTY MANAGEMENT SERVICES FOR HAMILTON COUNTY MENTAL HEALTH AND RECOVERY SERVICES BOARD. AS A PART OF THIS CONTRACT, EXCEL, AS CUSTODIAN, MAINTAINS A SEPARATE BANK ACCOUNT IN TRUST FOR THE BENEFIT OF HAMILTON COUNTY MENTAL HEALTH AND RECOVERY SERVICES BOARD. PART XI, LINE 2D - OTHER ADJUSTMENTS: INTEREST EXPENSE -32,120. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST EXPENSE 32,120. 1 RENTAL ASSISTANCE 880 5000965 PART I, LINE 2: THE ORGANIZATION DIRECTLY PROVIDES ASSISTANCE TO INDIVIDUALS WITH DESIGNATED SEVERE AND PERSISTENT MENTAL ILLNESSES THAT ARE ABLE TO LIVE INDEPENDENTLY. CLIENTS MUST ALSO MEET INCOME REQUIREMENTS AND ARE RECERTIFIED ANNUALLY FOR CONTINUED ELIGIBILITY. X X X 1 0 0 0 0 0 0 0 0 KEVIN COOLEY SR CEO 246310 0 32301 0 41197 0 0 0 5096 0 324904 0 0 0 CONNIE JONES COO (TERM. OCT 2024) 109048 0 13195 0 35178 0 0 0 560 0 157981 0 0 0 DEBORAH AVERY CFO (TERM. MAR 2024) 46117 0 10195 0 85110 0 0 0 1170 0 142592 0 0 0 PART I, LINE 3 THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S OFFICERS OR KEY EMPLOYEES INCLUDED A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA, AND CONTEMPRANEOUS SUBSTANIATION OF THE DELIBERATION AND DECISION. THE BOARD OF TRUSTEES DETERMINES THE SALARY FOR THE CEO/GENERAL MANAGER. THE CEO/GENERAL MANAGER DETERMINES THE SALARY FOR THE CHIEF FINANCIAL OFFICER AND THE CHIEF OPERATING OFFICER. PART I, LINE 4A IN CALENDAR YEAR 2024, DEBORAH AVERY AND CONNIE JONES RECEIVED SEVERANCE PAYMENTS IN THE AMOUNT OF $79,654 AND $13,879, RESPECTIVELY. KEVIN COOLEY JR SON OF CEO 48841 COMPENSATION 0 CHRIS AVERY SON OF CFO 66355 CONTRACTED MAINTENANCE AND REPAIRS 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE CFO AND CEO/GENERAL MANAGER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, AND ANY EMPLOYEE OF EXCEL DEVELOPMENT ARE REQUIRED TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS. IF A CONFLICT SHOULD ARISE WITH AN INDIVIDUAL, THEY ARE TO REPORT THE CONFLICT TO THE CHIEF EXECUTIVE OFFICER (CEO)/GENERAL MANAGER (GM) BY PROVIDING A CONFLICT OF INTEREST DISCLOSURE STATEMENT. THE STATEMENT IS THEN PROVIDED BY THE CEO/GM TO THE BOARD. DISCLOSURES INVOLVING DIRECTORS ARE TO BE MADE DIRECTLY TO THE BOARD CHAIR, WHO SHALL BRING THESE MATTERS TO THE BOARD. THE BOARD WILL THEN DETERMINE WHETHER A CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S OFFICERS OR KEY EMPLOYEES INCLUDED A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA, AND CONTEMPRANEOUS SUBSTANIATION OF THE DELIBERATION AND DECISION. THE BOARD OF TRUSTEES DETERMINES THE SALARY FOR THE CEO/GENERAL MANAGER. THE CEO/GENERAL MANAGER DETERMINES THE SALARY FOR THE CHIEF FINANCIAL OFFICER AND THE CHIEF OPERATING OFFICER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES AVAILABLE ALL DOCUMENTS REQUIRED BY LAW. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.