HomeMy WebLinkAboutPre Exhibit 1EXHIBIT "A"
1525 NORTHWEST 50TH STREET fMULTi FAMILY RENTAL PROJECT: 7
UNITS FOR LOW INCOME PERSONI
Lot 15, Block 12, of ORANGE HEIGHTS, according to the Plat thereof, as
recorded in Plat Book 14, Page 82, of the Public Records of Miami -Dade
County, Florida.
SECOND AMENDED CORRECTIVE QUIT -CLAIM DEED
THIS AMENDED CORRECTIVE CITY DEED is made as of the C2C,)�, day of
CtVIUCA' , 2010 by the City of Miami, a municipal corporation of the State of
Florida, whole post office address is 444 S.W. 2°d Avenue, Miami, Florida 33130,
(hereinafter called the "Grantor"), to Miami Dream Homes Investment Group, Inc., a
Florida corporation, whose address is 5801 NW 151 Street, Suite 101 Miami Lakes,
Florida 33014, (hereinafter called the "Grantee").
WITNESSETH: That the Grantor, for and in consideration of the sum of Ten
Dollars ($10.00) and good and other valuable consideration, the receipt of which is
hereby acknowledged, does hereby remise, release, convey and quit -claim unto the
Grantee forever, all of the Grantors right, title and interest in that certain land situated in
Miami -Dade County, Florida, hereinafter referred to as the "Property", to wit:
Lot 15, Block 12, of ORANGE HEIGHTS, according to the Plat thereof,
as recorded in Plat Book 14, page 62, of the Public Records of Dade
County, Florida, a.k.a. 1525 N.W. 60 Street, Miami, Florida.
Subject to:
Conditions, restrictions, easements, limitations and reservations of record,
though reference is not intended to reimpose same;
2. Applicable zoning ordinances, codes, rules and regulations;
Taxes and assessments for the current year and all subsequent years;
THIS DEED CORRECTS CONDITIONS/RESTRICTIONS NOS. 5 AND 7
STATED IN THAT CERTAIN AMENDED CORRECTIVE QUIT CLAIM DEED
DATED MAY 1, 2009, RECORDED MAY 28, 2009, IN OFFICIAL RECORDS
BOOK 26880, AT PAGES 44724480, OF THE PUBLIC RECORDS OF MIAMI-
DADE COUNTY, FLORIDA.
kcs:Document 202845 (2)
f 111111111111111111111111111111111111 110M
CFN 201`OROOSS333
OR Bk 27177 Pss 0799 - 802; (4css)
RECORDED 02/09/2010 10:34:21
This Instrument Prepared By
HARVEY RUVINY CLERK. OF COURT
and Return To:
MIAMI-DADE COUNTY: FLORIDA
Kymberlee C. Smith, Esq.
City of Miami
Office of the City Attorney
4-44S . W. 2� Avenue
Miami, Florida 33130-1910
SECOND AMENDED CORRECTIVE QUIT -CLAIM DEED
THIS AMENDED CORRECTIVE CITY DEED is made as of the C2C,)�, day of
CtVIUCA' , 2010 by the City of Miami, a municipal corporation of the State of
Florida, whole post office address is 444 S.W. 2°d Avenue, Miami, Florida 33130,
(hereinafter called the "Grantor"), to Miami Dream Homes Investment Group, Inc., a
Florida corporation, whose address is 5801 NW 151 Street, Suite 101 Miami Lakes,
Florida 33014, (hereinafter called the "Grantee").
WITNESSETH: That the Grantor, for and in consideration of the sum of Ten
Dollars ($10.00) and good and other valuable consideration, the receipt of which is
hereby acknowledged, does hereby remise, release, convey and quit -claim unto the
Grantee forever, all of the Grantors right, title and interest in that certain land situated in
Miami -Dade County, Florida, hereinafter referred to as the "Property", to wit:
Lot 15, Block 12, of ORANGE HEIGHTS, according to the Plat thereof,
as recorded in Plat Book 14, page 62, of the Public Records of Dade
County, Florida, a.k.a. 1525 N.W. 60 Street, Miami, Florida.
Subject to:
Conditions, restrictions, easements, limitations and reservations of record,
though reference is not intended to reimpose same;
2. Applicable zoning ordinances, codes, rules and regulations;
Taxes and assessments for the current year and all subsequent years;
THIS DEED CORRECTS CONDITIONS/RESTRICTIONS NOS. 5 AND 7
STATED IN THAT CERTAIN AMENDED CORRECTIVE QUIT CLAIM DEED
DATED MAY 1, 2009, RECORDED MAY 28, 2009, IN OFFICIAL RECORDS
BOOK 26880, AT PAGES 44724480, OF THE PUBLIC RECORDS OF MIAMI-
DADE COUNTY, FLORIDA.
kcs:Document 202845 (2)
The Property is being taken by the Grantee "as is" with the Grantee being
solely responsible for the removal of any environmental contamination if
present on the Property;
The title to the Property shall immediately and automatically revert to and
vest in the Grantor in the event that (A) within six (6) months from the
date of this Second Amended Corrective Quit -Claim Deed, or such later
date as may be approved by the City Commission of the City of Miami,
the Grantee has not completed construction, to the satisfaction of the
Grantor in its sole judgment, of a seven (7) unit multi -family rental project
on the parcel located at Lot 15, Block 12, of ORANGE HEIGHTS,
according to the Plat thereof, as recorded in Plat Book 14, page 62, of the
Public Records of Miami -Dade County, Florida, a.k.a. 1525 N.W, 60th
Street, Miami, Florida, or (B) on or before June 30, 2010, or such later
date as may be approved by the City Commission of the City of Miami: (i)
the construction of the seven (7) unit multi -family rental project has not
been completed, as evidenced by the issuance of all required Certificates
of Occupancy, or (ii) the Grantee has not conveyed to the Grantor by
Special Warranty Deed the seven (7) unit multi -family rental project and
the parcel located at Lot 15, Block 12, of ORANGE HEIGHTS, according
to the Plat thereof, as recorded in Plat Book 14, page 62, of the Public
Records of Dade County, Florida, a.k.a. 1525 N.W. 60th Street, Miami -
Dade, Florida; and
6. (Deleted)
The Property is subject to all restrictions as stated in Resolution 05-0357
adopted by the City Commission on May 26, 2005, Resolution 06-0329
adopted by the City Commission on.May 25, 2006, Resolution No. 07-
0133 adopted by the City Commission on March 8, 2007, Resolution No.
08-0250 adopted by the City Commission on May 8, 2008, Resolution No.
09-0174 adopted by the City Commission on April 2, 2009 and Resolution
No. 09-0565 Adopted by the City Commission on December 17, 2009.
To Have and To Hold, the same together with all and singular tenements, hereditaments
and appurtenances thereto belonging or in anywise appertaining, and all the estate, right,
title, interest, lien, equity, and claim whatsoever of the Grantor, either in law or in equity,
to the use, benefit and behalf of the Grantee forever.
IN WITNESS WHEREOF, the said Grantor has signed and sealed these presents
the day and year first written above.
kcs:Document 202845 (2)
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Signed, sealed and delivered
in our presence:
Pri tName: evc- -t�-
Print Name:
Approved as To Form And
Correctness:
Julie,O. Bru s
City Attome
STATE OF FLORIDA )
SS
COUNTY OF DADE )
City of Miami, a municipal
corp atio f the State of Florida
By:
Pedro G. Hernandez
City Manager
Attest:
llftlkztn�
Priscilla A. Thompson , _aS- t o
"' City Clerk
CThe foregoing instrument was acknowledged before me this o2a day of
F , 2010 by ?{alio 2 as City Manager of the City
of Miamij municipal corporation of the State of Florida, who is personally known to me
or who has produced as identification and w-Fo—d-idtft-
not take an oath.
NOTARY PUBIXSTATE OF FILRTDA .
Ofelia E.
i ted Name: n`Commission # DD701412
,, ./ Expires: AUG. 02, 2011
Ce �lLi. �t' ✓'� BONDED THRD ATLANf[C BONCO, LN
DING COC
Prin"l � • �'
Notary Public
My Commission Expires:
The foregoing conveyance was approved pursuant to Resolution No. R -No. 09-0565 of
the City Commission of the City of Miami, a municipal corporation of the State of
Florida, passed and adopted on December 17, 2009. A copy of Resolution No. 09-0565
adopted by the City Commission on December 17, 2009 is attached hereto as Exhibit
'Ali
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OR BK 27177 PG 0802
LAST PAGE
Exhibit A
Resolution No. R-09-0565 of the City Commission of the City of Miami, passed and
adopted on December 17, 2009.
kcsDBocument 202945 (2)
This Instrument Prepared By
and Retum To:
Denise Wallace, Esq.
City of Miarni
Office of the City Attorney
444 S.W. 2ND Avenue
Miami, Florida 33130-1910
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CF1+4 2r-►09R►D3u54.22
OR Bk 2682 -Cl P.9s 4472 - 4480; {9As
RECDRDED 05/28/2009 09:38:42
DEED DOC TAX 0.60
SURTAX 0.45
HARVEY RUVINr CLERK OF COURT
MIAMI-DADE CDUNTYr FLORIDA
AMENDED CORRECTIVE QUIT -CLAIM DEED
THIS AMENDED CORRECTIVE CITY DEED is made as of the — y4-=— day of
U 2009 by the City of Miami, a municipal corporation of the State of
Florida, hose post office address is 444 S.W. 2nd Avenue, Miami, Florida 33130,
(hereinafter called the "Grantor"), to Miami Dream Homes Investment Group, Inc., a
Florida corporation, whose address is 220 N.W. 130'' Avenue, Miami, Florida 33182,
(hereinafter called the "Grantee").
WITNESSETH: That the Grantor, for and in consideration of the sum of Ten
Dollars ($10.00) and good and other valuable consideration, the receipt of which is
hereby acknowledged, does hereby remise, release, convey and quit -claim unto the
Grantee forever, all of the Grantors right, title and interest in that certain land situated in
Miami -Dade County, Florida, hereinafter referred to as the "Property", to wit:
Lots 19 and 20, Block 12, of ORANGE HEIGHTS, according to the Plat
thereof, as recorded in Plat Book 14, Page 62, of the Public Records of
Dade County, Florida, a.k.a. 6020 N.W. 15 Avenue, Miami, Florida.
T-Tre
Lot 15, Block 12, of ORANGE HEIGHTS, according to the Plat thereof,
as recorded in Plat Book 14, page 62, of the Public Records of Dade
County, Florida, a.k.a. 1525 N.W. 60 Street, Miami, Florida.
Subject to: _.._.. -
1. Conditions, restrictions, easements, limitations and reservations of record,
though reference is not intended to reimpose same;
Applicable zoning ordinances, codes, rules and regulations;
Taxes and assessments for the current year and all subsequent years;
THIS DEED CORRECTS CONDITIONS/RESTRICTIONS NOS. 5, 6 AND 7
STATED IN THAT CERTAIN CORRECTIVE QUIT CLAIM DEED DATED
JULY 5, 2006, RECORDED SEPTEMBER 16, 2006, IN OFFICIAL RECORDS
BOOK 24907, AT PAGE 3005, OF THE PUBLIC RECORDS OF MIAMI-DADE
COUNTY, FLORIDA.
The Property is being taken by the Grantee "as is" with the Grantee being
solely responsible for the removal of any environmental contamination if
present on the Property; and
5. The title to the Property shall immediately and automatically revert to and
vest in the Grantor in the event that (A) within six (6) months from the
date of this Amended Corrective Quit -Claim Deed, or such later date as
may be approved by the City Commission of the City of Miami, the
Grantee has not (i) commenced construction, to the satisfaction of the
Grantor in its sole judgment, of a fifteen (15) unit multi -family rental
project on the parcel located at Lots 19 and 20, Block 12, of ORANGE
HEIGHTS; according to the Plat thereof, as recorded in Plat Book 14,
page 62, of the Public Records of Dade County, Florida, a.k.a. 6020 N.W.
15 Avenue, Miami, Florida, by June 30, 2010, or (ii) the construction of
the fifteen (15) unit multi -family rental project has not been completed, as
evidenced by the issuance of all required Certificates of Occupancy by
June 30, 2011, or such later date as may be approved by the City
Commission of the City of Miami, or (B) within six (6) months ftom the
date of this Amended Corrective Quit -Claim Deed, or such later date as
may be approved by the City Commission of the City of Miami, the
Grantee has not completed construction, to the satisfaction of the Grantor
in its sole judgment, of a seven (7) unit multi -family rental project on the
parcel located at Lot 15, Block 12, of ORANGE HEIGHTS, according to
the Plat thereof, as recorded in Plat Book 14, page 62, of the Public
Records of Dade County, Florida, a.k.a. 1525 N.W. 60 Street, Miami,
Florida, or (C) on or before December 31, 2009, or such later date as may
be approved by the City Commission of the City of Miami: (i) the
construction of the seven (7) unit multi -family rental project has not been
completed, as evidenced by the issuance of all required Certificates of
Occupancy, or (ii) the Grantee has not conveyed to the Grantor by Special
Warranty Deed the seven (7) unit multi -family rental project and the
parcel located at Lot 15, Block 12, of ORANGE HEIGHTS, according to
the Plat thereof, as recorded in Plat Book 14, page 62, of the Public
Records of Dade County, Florida, a k.a. 1525 N.W. 60 Street, Miami,
Florida.
6. (Deleted)
The Property is subject to all restrictions as stated in Resolution 05-0357
adopted by the City Commission on May 26, 2005, Resolution 06-0329
adopted by the City Commission on May 25, 2006, Resolution No. 07-
0133 adopted by the City Commission on March 8, 2007, Resolution No.
08-0250 adopted by the City Commission on May 8, 2008, and Resolution
No. 09-0174 adopted by the City Commission on April 2, 2009.
To Have and To Hold, the same together with all and singular tenements, hereditaments
and appurtenances thereto belonging or in anywise appertaining, and all the estate, right,
title, interest, lien, equity, and claim whatsoever of the Grantor, either in law or in equity,
to the use, benefit and behalf of the Grantee forever.
IN WITNESS WHEREOF, the said Grantor has signed and sealed these presents
the day and year first written above.
Signed, sealed and delivered
in.our presence:
1�� in,Q�act
Print N e;
iz�
Print Name:
Approved as To Form And
Correctness:
Julie 0. Bru a5w
City Attorney
STATE OF FLORIDA )
SS
COUNTY OF DADE }
City of Miami, a municipal
corporation of the State of Florida
vt)/��
By
Pe41-
andez
Ci
The foregoing instrument was acknowledged before me this � day of
►�cq , 2009 by kLy y q Z r*n as City Manager of the City
of Miami, a municipal corporation of the tate of Florida, who is personally known to me
or who has produced as identification and who did/did
not take an oath.
Printed Name: �prjrq Kwon
Notary Public
My Commission Expires:
NOTARY MLIC STAT$ OF FLORIDA
...... , Sandra Rivera
Commission #DD882219
.,,►T/ Expires: APR 20, 2013
The foregoing conveyance was approved pursuant to Resolution No. R -No. 09-0174 of
the City Cor unission of the .City of Miami, a municipal corporation of the State of
Florida, passed and adopted on April. 2, 2009. A copy of Resolution No. R- No, 09 -0174 -
adopted by the City Commission on April 2, 2009 is attached hereto as Exhibit "A".
4_
Exhibit A
Resolution No. R-09-0174 of the City Commission of the City of Miami, passed'aud .
adopted on April 2, 1009.
5 ...
Tros instrument Pre.pared $v s7t- _..,.._..
and Return To: - - -
., 1LE^'E TEMCHIM1:. EnQ. .. _.
CITY OF MIAMI
CITYATTORNEY'S OFFICE
.44 S.W. 2" AVEtqUE 'F ,. :•�� .t ::�.,�,
NIIA_MI FLOPJDA3?i30-1570 _... .. ._„G.:_'' .,
CORRECTIVE QUIT CLAIM DEED
This Corrcctive Quit-Clairn Deed, Is made as of this 5 day of Tt11y, 2006, by the City of M;a1111,
a municipal colpoiatlon of the State of Florida, whose Dost of?ice address is 444 S.W. 2nd
.Avenue; Nllaau, Florida 3130, herei, after called the "Graritor', to lViLaini Dream Homes
Investment Group, inc., a Florida corporation, whose address is 220 N.W, 130th (!venue, Miami,
Florida 33182, hereinafter called the "Gra tee”
Witnesseth: That the Grantor, for and n consideration of the sum of Teti Dollars ($10.00) and
other valuable cons-�der atioo, the receipt of whr ch is hereby acknowledged, does hereby remise,
release, convey and quit -claim unto the Grartee forever, all of the Grantor's right, title and
interest In that certain land situated in Miami -Dade County, Florida, hereirafter referred to as the
" Prope.Tty to 'wit:
Lots 19 and 20. Block 12, of ORANGE HEIGHTS, according to the Plat
thereof, as recorded in Plat Boor 14, Page 52, of the Public Records of
Dade County, Florida, a.k.a 6020N W. 15 Avenue, Miami, Florida.
and
.1
Lots ) 2 and 13, Block 13:. of ORkNGE HEIGHTS, according to the Plat
thereof, as recorded in Plat Book 14, Page 62, of the Public Records of
Dade County, Florida, a.k.a. 1612 N.W. 60 Street, Miand, Florida.
and
J
Lot 24, Block ) 3, of ORANGE HEIGHTS, according to the Plat thereof,
as recorded in Plat Bock 14, Page 52, of the Public Records of Dade
Courity, Florida, a.k.a. 1543 N.W. 59 Street, ivliairi, Florida.
aI:d
Lots 11, 12 and 13, Block 14, of ORANGE HEIGHTS, according to the
Plat Thereof, as recorded in Plat Book 14, Page 62, of the Public Records
of Dade County, Florida, a.k.a. 1.535 N.W. 58 Ten -ace, Miails, Florida.
and
THIS DEED CORRECTS CONDITIONS/RESTRICTIONS NO. 5 AND 7 STATED Iii' THAT
CERTAIN QUIT CLAIM DEED DATED SEPTEMBER 27, 2005, RECORDED SEPTEMBER 28.
005, IN OFFICIAL RECORDS BOOK 2381 7; AT PAGE 3363, OF THE PUBLIC RECO, SOF
MIAMI -RADE COUNTY, FLORIDA.
&Document 43 i 37
Page') of 3
Subject to:
Loi: Block 12, of OR^_1vGE iElGKTS; ac rig to the Prat thereof,
as recorded in Plat Book l4, -Page 62, of the Piiblic Records of Dade
CourtY, Florda, a.k a. 152-5 INFW1. 60 S?reet, Miami, Florida.
an d
Lot 25, Block 9, of OP.ANGE HEIGHTS, according to the Plat thereof,
as recorded in Plat Book i4, Page 62, cf the P-wlic Records of Dade
CUuniJ, Florida, a.k.a. 147-7 Tv.W, 60 .Sireet, r✓112e7:1; FlUylo's.
CUnd1tPo77S; ieStriCilCnS, easements, hiT,itat701S 2714 reSBrvatlpnS Cr reGC]'d, t11CLgi1
this reference is no: intended to reirnrose sante;
?. Applicable zoning ordinances, codes; ru+es and re=llaticns;
;i. Tciws 2nQ asscssrnents ICT fife p IIeni 'rl5ay and a_l Su bSeGllent
4. T: -,e PTc-pe-y is being taken by t e Grar_tee "as is" with t)ie Grantee being solely
itsponsible for the remova) of any envlrom-iertal contamination '_I present on the
Property; and
5. : he title to the Property shall immediately and actomatically revert -ro and vest in
,he Grantor in the event that (A) within six (6) Tnorths from the date of this
Corrective Quit Claim Deed, or such late? date as may be approved by the City
Ccrnrr,ission of the City of Miam6, the Grant" has not coiru-nenced construction,
to the satisfaction of the Grantor in its sole'udgnient, of a nuni rn-tn of nine (9)
single-family homes, or a combination of nine (9) townhcmes and condominiums
(hereinafter referred to as the "Homes`), on the Property, or (B) within six (6)
months from the date of this Corrective Quit Claim Deed, eT such later date as
:nay be approved by the City Con-um?sslon of the City of Ivi]a:rii; the Grantee has
not commenced cons -ruction, to the satisfaction of the Grant -Or in its sole
judgmt-, t, of a seven (7) unit mull- family rental project on the parcel located at
Lot 15, Block 12, of ORANGE HEIGHTS, accoidin_ to the Plat thereof, as
recorded in Plat Book 14, Page 62, of the Public Record_ of Dade County,
Florida, a.k.a. 1525 N.W. 60 Street, Miami, Florida, =r (C) on or before April 30,
2008, or such later date as may be approved by the City CcTmm_ission of t1ie City,
of Miami: (i) the construction of all of the Hornes has not been completed, as
evidenced by the issuance of Certificates of Occupancy, or (ii) all such single
family Homes have not been sold to qualified Low income homebuyers (as
defined in the HOME Investment Partnerships Program Regulations, 24 CFR
Part 92), DI (in) the construction oI the seven (7) uni. multi- far_:ily Tenta] pIoject
has not been completed, as evidenced by the mu2nce of all required Celi;fiCates
of Occupancy, or (iv) the Grantee .has not conveyed to the Grantor by Special
Wt 711anty Deed the seven (%) un?t multi- faiTul'y' Iental project and the parcel
located at Lot 15, Block 12, of ORANGE HEIGHTS, according to the Plat
thereof, as recorded in Plat Boot: 14, Page 62, of the Public Records of Dade.
County, Florida, a.k.a. 1525 N.W. 60 Street, Miarni, Florida.
The sales price for each of the Hones shall not exceed $236;000.00 per blit.
?age 2 of 3
A.Docu,nent 43137
I ht P )e.iiy is siib)eCt -Lo ail j tStliCt;OnS as Stale: 9 P_.,..o_tS i1U-i
: �_cn 0)3-0357 adcpced
by th. _TN' Com= 7isslon on 1viay 26, 2005 an -6 rolttion 06-0'29 adopted by
the City Co -m :issioh or. Nfay %5, 2005.
" G Dave and To Hold, Lhe salr_e rogethc! '-with all anal singala7 tcnements, heredltaR7ents
and appuiienances thereto belonging or in ar�rxise appertalnlrg, and ail the eStaTt, Light, btl`_,
interest, leen, equity, and claim whatsoev-,T of the CIantor, ether in raw. cr In equity: to the use..
benefit and behalf of The Grantee forever.
N VTITNESS'r>HEREOF, the said Grantor has signed and stalled :hese presen's the day
and vtar fast written abo'Vt.
Signed, sealed and delivered
i; Qua pr, en
f� j)
Print Name:
CITY OF MI -.MI, a ma icival corpoiation
of the State of Florida
By
Pedro G. Hern-,,&aez
City Manager
APPRM- ED AS TO FOKM AND _ ATTEST:
E IY FEZ P ISCII LAA THOMPS91
ttorn City Clerk
_HCl~-NGWLEDGMEN T
STATE OF FLORIDA
VSs
CO; NTTY OF MIAMI -DADS ;
Before me, the undersigned athority, nermnaliy appeared 3 ".Ua, as City Manager
of the City of Miami, to me well known to be the person described m and who executed she.
foregoLng ]nrS4 mtnt and who acknowledged to and before me t72i Lt exeCLteC said iIlSiilP_lent
under cath, and for the purposes therein expressed.
Witness my han'd ?.nd official seal 1P, the County aria State last aIoresald the Po day of
r�J J 2006.
PRINTED, STAMPED OR TYPED SIG ATURE OF N ARY PUBLIC
NAME OF NOTARY PUBLIC S T ATE OF FLORIDA
My Ccnu_iission Expires.
rage 3 of 3
iDocumeot 431,7 -`_°`,_; :�`,r'. GG.".imissir,!, g u) N 1313
J 26, -111011
Thru
or .
, < <la:-'uc ):n!iine Co., t,ic.
cis ];:s:'rument Prepared By
uc Itcturu Ta:
:RK It. ?-[ENENDEZ, ESQ.
??ORNEY'S OFFICE
S.tY. 1V° AVENUE
AnO. FLORIDA 33130-7910
,1111111111111111111.111111111 Bili 111111
C:FN '20Cr.rli2i �I_bb4�
DK Bk 23817 Pvs "363 — ,i 6,
FEC:DRDED
DEED DOC TAAY C1.60
SURTAk: ii,�.;
N*'.VEY RJJVIfil, iLEfiK. PF (OUPI
I'llAr1I-•DAPE C:UUN1'fr FLORIDA
This Quit -Claim Deed, is made this _'Z�day of September 2005, by the` City of Miami, a municipal
.orporation of the State of Florida, whose post ofr,ce address is 444 S.W. 2nd Avenue, Miarni, Florida
'3130, hereinafter called the "Grantor'`, to Miami Dream Homes Investment Group, Inc., a Florida
corporation, whose address 220 N.W. 130"' Avenue, Miami, Florida 33132, hereinafter called the
"Grantee".
Witnesseth: That the Grantor, for and in consideration of the sum of Ten Dollars ($10.00) and other
•aivable consideration, the receipt of which is hereby acknowledged, does hereby remise, release, convey
nd quit -claim unto the Grantee forever, all of the Grantor's right, title and interest in that certain land
situate in Miami -Dade Counry, Florida, hereinafter referred to as the "Property", to wit:
Lots 19 and 20, Block i2, of ORANGE HEIGHTS, according to the Plat
thereof, as recorded in Plat Book 14, Page 62, of the Public Records of Dade
County, Florida, a.k.a. 6020 N.W. 15 .Avenue, Miami, Florida.
and
Lots 12 and 13, Block 13, of ORANGE HEIGHTS, according to the Plat
thereof, as recorded in Flat Book 14,.Page 62, of the Public Records of Dade
County, Florida, a.k.a. 1612 N. W. 60 Street, Miami, Florida.
and
Lot 24, Block 13, of ORANGE HEIGHTS, according to the Plat thereof, as
recorded in Plat Book 14, Paee 62, of the Public Records of Dade County,
Florida, a.k.a. 1543 N.W. 59 Street, Miami, Florida.
and ,
Lcts 11, 12 and 13, Block 14, of ORANGE HEIGHTS, according to the Plat
thereof, as recorded in Plat Book 14, Page 62, of the Public Records of Dade
County, Florida, a.k.a 1535 N.W. 58 Terrace, Miami, Florida.
and
Lot 15, Block 12, of ORAiyGE HEIGHTS, according to the Plat thereof, as
recorded in Plat Book 14, :Page 62, of the Public Records of Dade Counrv,
Florida, a.k.a. 1525 N.W. 60 Street, Miami, Florida.
and
Lot 25, Block 9, of ORANGE HEIGHTS, according to the Plat thereof, as
recorded in Plat Book 14, Page 62, of the Public Records of Dade County,
Florida, a.k.a. 1477 N.W. 60 Street, Miami, Florida.
subject to:
1. Conditions, restrictions, easements, limitations and reservations of record, though this
reference is not intended to reimpose same;.
{�Jt1Qi,p
2. Applicable zoning ordinances, codes, rules and reeulations;
V.
3. Taxes and assessments for the currenr year and all subsequent years; 0
4. The Property is being taken by the Grantee "as is" with the Grantee being solely
responsible for the removal of any environmental cortamiration if present on the
Property; and
5. The title to the Property shall immediately and automatically revert to and vest in the
Grantor in the event that: (1) the Grantee has not commenced construction, to the
satisfaction of the Grantor in its sole judgment, of a minimum of (10) ten single-family
homes or a combination of (10) ten townhomes and condominiums, hereinafter referred to
as the "Homes", on the Property within twelve (12) months from the date hereof, andlor
(2) the construction of the homes has not been compteted, as evidenced by the issuance
of Certificates of Occupancy, and all such single family homes have not been sold to
qualified Low Income hom-ebuyers (as defined in the HOME Investment Partnerships
Program Regulations, 24 CY R. Part 92) by .aril 30, 2008_, or such later date as may be
approved by the City Commission of the City of Niami.
6. The sales price of the Home;, shall not exceed $236,000.00 per unit.
7. Th -e. Property is subject to a.11 restrictions as stated in Resolution 05-0357 adopted by the
City Commission on May 26, 2005,
To Have and To Hold, the same together with all and singular tenements, hereditaments and
appurtenances thereto belonging or in anywise appertaining, and all the estate, right, title, interest, lien,
equity, and claim whatsoever of the Grantor, either in law or in equity, to the use; 'benefit and behalf of the
..Trantee forever.
IN WITNESS WHEREOF, the said Grantor has signed and sealed these presents the day and year
;first written above.
Signed, sealed and delivered
n our preseennoe: y�
tfi!nt Name:
to L.1, 'P,
Irirnt Name:
APPROVED AS TO FCR14 AND
OR RNANDEZ kR
City Attorney
ATE OF FLORIDA )
)SS:
AUNTY OF M AMI -DADS ,�
CITY OF MIAMI, a municipal corporation
Of ti
By
ATTEST:
t P.RI ILLA A.' T. OM -04
City Clerk` t
ACKNOWLEDGMENT
t I N: 3531.7 F -G 33,6!5
L_i T PAGE
Before me, the undersigned authority, personally appeared Joe Arriola, as City Manager of the
City.of Miami, to me well known to be the person described in and who executed the foregoi-ng instrument
and who acknowledged to and before me that he executed said instrument under oath, and for the purposes
:herein expressed.
Witness my hand and official seal in the County and State last -aforesaid this day of
September, 2005.
=RINTED, STAMPED OR TYPED SI NATURE O ; IOTA PUBLIC
;tiAmE OF NOTARY PUBLIC S .ATE OF FLORIDA
My C6mmission Expires
Ofelia E. Perez
�tP.�'s Comrrission4DD221319
KkM — Miami Dream Homes '�= Ex fires: Jul 2b, 2007
� gl p Bonded TThti
Of Atlantic Bonding Co., Inc.
CV in,y.v
!DPP t _.
aN
EmP �ER `'U" INC..
'A NOT FGB PRDtiT PEER BASED DRGAKU"ON'
June 4, 2010
Mr. George Mensah, Director
Community Development Department
City of Miami
444 SW 2nd Avenue, 2nd Floor
Miami, Florida 33131
Dear Mr. Mensah:
8309 NW 22'6 Avenue
Miami, Florida 33147-4101
Phone: (786) 318-2337 Fax: (786) 318-2339
Email: wecanhelp@empower- u-miami.erg
Website: www.empower-u-miami.org
FiiRf!Ra1..°..
JUN 17 2010
Empower U Inc., a nonprofit, 5016, HIV/AIDS service organization formerly request the
conveyance of the property located at 1525 NW 60`i' Street in the Liberty City area of Miami,
Florida, 33142. Liberty City is the area that Empower U has served since its inception in 1999.
We are well aware the tremendous need for affordable housing services for people living with
HV/AIDS in this area. Therefore, Empower U would like to use this property to use to house
low-income individuals living with HIV/AIDS and receive rental assistance via HOPWA or
other rent subsidy programs. In addition to affordable housing, individuals housed in these units
will have access to the HIV/AIDS support services provided at Empower U and at its network of
providers. These services include, but are not limited to, medical case management, medical
services, oral health care, prescription drugs, substance abuse treatment, psychosocial
counseling, transportation, food, social activities and HIV prevention/education.
To demonstrate our ability to financially support the operation of this project, attached please
find our financial statements from the past three years, as well as a projected budget for the
program.
If you have any questions regarding this proposal, please feel free to contact our Director of
Finance, Christine Stroy-Martin at 786-318-2337 ext 116.
Sinc ely,
Vanessa Mills, LPN, BSN, MPH
Executive Director
C1+RE:S�
..� i RRA}vaYt
EMPOWER'U', INC.
FINANCIAL STATEMENTS
FEBRUARY 28, 20077NU 2006
STUART GLADSDEN, C.P.A.
1895 SW 14TH TERRACE
MIAMI, FL 33145
Tel. 305-860-6974
EMPOWER'U', INC.
Miami; FL
I have audited the accompanying balance sheet of EMPOWER'U', INC. (A Not -For -Profit Organization)
as of February 28, 2007 and 2006, and the related statements of activities, functional expenses and cash
flows for the years then.ended. These financial statements are the responsibility of EMPOWER'U', INC.'s
management.
conducted my audit in accordance with generally accepted auditing standards and the standards applicable
to financial audits contained in Government Auditing Standards issued by the Comptroller General of the
United States. Those standards require that I plan and perform the audit to obtain reasonable assurance
about whether the financial statements are free of material misstatement. An audit includes examining on a
test basis, evidence supporting the amounts and disclosures in the financial statements. An audit'also
includes assessing the accounting principles used and significant estimates made by management, as well
as evaluating the overall financial statement presentation. I believe that my audit provides a reasonable
basis for my opinion.
In my opinion the financial` statements referred to above present fairly in all material respects the financial
positiomof EMPOWER'U, INC. as of February 28, 2007 and 2006 and the changes in its net assets and
cash flows for the years then ended in conformity with' generally accepted accounting principles.
In accordance with Government Auditing Standards, i have also issued a report dated August 14, 2007 on
my consideration of EMPOWER'U', INC.'s internal control over financial reporting and on my tests of its
compliance with certain provisions of laws, regulations, contracts and grants. That report is an integral part
of an audit performed in accordance with Government Auditing Standards and should be read in
conjunction with this report in considering the results of my audit.
My audit was made for the purpose of forming an opinion on the basic financial statements taken as a
whole. The accompanying ,schedule of expenditures of federalawards is presented for purposes of 4
additional analysis as required by US Office of Management and Budget Circular A-133, "Audits of States,
locai Governments,.and Not -For -Profit Organizations," and. is not a required part of the basic financial
statements. Such information has been subjected to the auditing procedures applied in my audit of the basic
financial statements and, in my opinion is fairly stated in all material respects when considered in relation r
to the basic financial statements taken as a whole.
Cordially, f�
S DART GL- SDEN, C.P.A.
August 14. _007
z
EMPOWER'U', INC.
STATEMENT OF FINANCIAL POSITION
FEBRUARY 28, 2007 AND 2006
TOTAL ASSETS 5563.383 $593.337
LIABILITIES AND NET ASSETS
CURRENT LIABILITIES
Accounts Payable
Payroll Liabilities
Unearned Income
Total Current Liabilities
NET ASSETS - Unrestricted
TOTAL LIABILITIES AND NET ASSETS
Please Read Accountant's Audit Report. 5
S 8,879
$ 10,696
13,098
ASSETS
381.602
442.354
403,579
2006
2007
CURRENT ASSETS
S563.383
5593.337.
Cash
S 16,184
S 7,996
Notes Receivable
10,583
10,583
Deposits
0
1,287
Grants Receivable
536.127
573.471
Total Current Assets
562.894
593.337
PROPERTY
Furniture, fixtures and equipment, net
489
0
TOTAL ASSETS 5563.383 $593.337
LIABILITIES AND NET ASSETS
CURRENT LIABILITIES
Accounts Payable
Payroll Liabilities
Unearned Income
Total Current Liabilities
NET ASSETS - Unrestricted
TOTAL LIABILITIES AND NET ASSETS
Please Read Accountant's Audit Report. 5
S 8,879
$ 10,696
13,098
14,113
381.602
442.354
403,579
467,163
159:804
126.174
S563.383
5593.337.
EMPOWER'U', INC.
STATEMENT OF ACTIVITIES
FOR THE YEARS ENDED FEBRUARY 28, 2007 AND 2006
SUPPORT
Ryan White Title 1
CDC
HOPWA
Other Grants
Miscellaneous
Donations
Total Unrestricted Support
EXPENSES
Program Services:
Ryan White Title I
CDC
HOPWA
Other
Total Program Services
Fundraising:
increase (Decrease) in Unrestricted Net Assets
Net Assets at beginning of year
Net Assets at end of year
Please Read Accountant's Audit Report. �'
2006 2007
S 206;789
S244,631
444,170
399,424
251.138
330,232
106.173
177;012
791
919
33.946
4.459
1.043,007 1.156.677
215,733
243,797
418,326
419,817
254,276
325,893
133.330
200.800
1.021.665
1.190.307
7.693
0
13,649
( 33,630)
146.155
159.804
S 159.804
S 126.174
f
EMPOWER U, INC.
STATEMENT OF CASH FLOWS
FOR THE YEARS ENDED FEBRUARY -28,2007 AND 2006
Operating Activities
Cash Inflows:
Donations
Grant Contracts
Miscellaneous
Total Cash Inflows
Cash Outflows:
Program Services
Net Cash Inflow (Outflow) From
Operating Activities
Financing Activity
Loans Receivable/Deposits
Cash Inflow (Outflow) From All Activities
Cash At March I
Cash At February 28
2006 2007
S 33,946
S 4,459
956,950
1,174,707
791
919
991,687
1,180,085
1.017.610 1.186.986
( 25,923) ( 6,901)
1.000 ( 1.287}
( 241923) ( 8,188)
41.107 16.184
S 16,184 $ 7,996
Reconciliation of increase ( decrease) in unrestricted net assets
to net cash inflow (Outflow) for operating activities:
Decrease in Unrestricted Net Assets
($33,629)
Add: Depreciation
489
Increase in Payables
2,831
Increase in Receivables
(38,631)
Subtract: Increase in Unearned Income
(60.752
Total
25.441
Net Cash Outflow from Operating Activities
(S 8.188
Please Read Accountant's Audit Report. U
EMPOWER'U', INC.
NOTES TO THE FINANCIAL STATEMENTS
FEBRUARY 28; 2007
1. NATURE OF ACTIVITIES AND SIGNIFICANT ACCOUNTING POLICIES
Nature of Activities.
EMPOWER'U', INC. is a Not -For -Profit organization which provides case management and referrals for
people with AIDS. The organization was incorporated on November 24, 1997 and is operated in
accordance with the taws and statutes of the State of Florida.
Significant Accounting Policies.
EMPOWER'U', INC. follows standards of accounting and financial reporting for voluntary health and
welfare organizations as described in the American Institute of certified Public Accountants' "Industry
Guide for Audits of Voluntary Health and Welfare Organizations". Accordingly, the financial statements
are prepared on the accrual basis of accounting/
Financial Statement Presentation.
The Organization reports information regarding its financial position and activities according to classes of
net assets. In addition, a statement of cash flows is required.
Support and Expenses.
Contributions have been thus far received in cash and are reported as an increase in net assets. Expenses are
recorded when'incurred in accordance with the accrual basis of accounting. Indirect administrative costs
are allocated to the programs based upon employee labor hours.
Income Taxes.
EMPOWER'U', INC. has been ruled a tax exempt organization under Section 501(c)(3) by the Internal
revenue. service, and accordingly,. no provision for income taxes has been made.
Grants Receivable and Unearned Income.
Grants 'Receivable isthe uncollected portion of grant contracts. Unearned Income is the portion of the grant
contract which has not yet been earned or recognized as income.
2. GOVERNMENTAL FINANCIAL ASSISTANCE PROGRAMS
Program assistance. was provided by the Title I HIV Emergency Relief Grant under the Ryan White
Comprehensive AIDS Resource Emergency (C.A.R.E.) Act received from Miami -Dade County.
Assistance was also provided by the Housing Opportunities for Persons With AIDS (HOPWA) Program
created under the AIDS Housing Opportunity Act and administered by the City of Miami. Also providing
assistance is the Centers For Disease Control and Prevention (CDC)
EMPOWER 'U% INC.
STATEMENT OF FUNCTIONAL EXPENSES
FOR THE YEAR ENDED FEBRUARY 28, 2007
Total.Functional Expenses $ 243.797 $419.817 $ 325.893 $200.800 $1.190307
Please Read accountant's Audit report. 1-
Proeram Semices
Rvan White
CDC
HOPWA
Other
Total
Payroll
$ 176,197
$229,157
$227,165
$107,370
$739,8.89
Payroll Related Costs
44,646
43,091
51,745
24;268
1631-750
Rent
61429
18,547
8,603
10,088
43,667
Advertising
0
100
0
1,831
1,931
Office Expenses
0
29,711
12,081
18,111
59,903
Communications
3,137
6,049
3,679
31179
16,044
Computes- Expense
0
226
45
180
451
Professional Fees
812
1,499
684
41709
7,704
Program
0
50,804
0
6,537
57;341
Equipment Rental
2;239
1,992
4,254
918
9,403
Equipment Purchase
0
576
0
1,300
1,870
Insurance
3,049
2,986
4,489
3,499
14,023
Repairs and.Maintenance
0
805
5,600
1,079
7,484
Supplies
2,345
16,655
2,428
12,594
34,022
Travel
1,154
16,094
3;997
2,894
24,139
Utilities
1789
1.531
1.123
2.243
8.686
Total.Functional Expenses $ 243.797 $419.817 $ 325.893 $200.800 $1.190307
Please Read accountant's Audit report. 1-
EMPOWER `U', INC.
SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS
FOR THE YEAR ENDED FEBRUARY 2S, 2007
Federal Federal
Program Title CFDA Exoenditures
Ryan White Title I Minority AIDS Initiative
(MAI) March 1, 2006 - February 28, 2007 93.915 $243,797
Centers For Disease Control And Prevention
(Budget Period 7/1/2006 - 6/30/2007 93.939 $419,817
0
STUART GLADSDEN, C.P.A.
1 845 SW 14th Terrace
Miami, FL 33145
REPORT ON COMPLIANCE.. WITH REQUIREMENTS APPLICABLE TO EACH
MAJOR PROGRAM AND ON INTERNAL CONTROL OVEROMPL[Ai`CE
IN ACCORDANCE WITH OMB CIRCULAR A-133
Board of Directors
Empower'U', Inc.
Compliance
i have audited the compliance of Empower 'U', Inc. with the types of compliance
requirements described in the U.S. Office of Management and Budget (OMB) Circular A-133 Compliance
Supplement that are applicable to each of its major federal programs for the year ended February 28, 2007.
The major federal programs are identified in the summary of auditor's result section of the accompanying
schedule of findings and questioned costs. Compliance with the requirements of laws, regulations, contracts
and grants applicable to each of its major federal programs istheresponsibility of Empower 'U', Inc.'s
management: My responsibility is to express an opinion on the Organization's compliance based on my
audit.
i conducted my audit of compliance in accordance with generally accepted auditing standards, the
standards applicable to_financial audits contained in Government Auditing Standards, issued by the
Comptroller General of the United States and OMB Circular A-133 Audits of States, local Governments
and Non -Profit Organizations. Those standards and OMB Circular A-133 requite that i plan and perform
the audit to obtain reasonable assurance about whether noncompliance with the types of compliance
requirements referred to above that could have a direct and material effect, on a major federal program
occurred. An audit includes examining, on a test basis, evidence'about the Organization's compliance with
those requirements and performing such other procedures as I considered necessary in the circumstances. [
believe that my audit provides a reasonable basis for my opinion. My audit does not provide a legal
determination of Empower 'U', Inc.'s compliance with those requirements.
In my opinion, Empower 'U`, Inc. has complied, in all material respects, with the requirements referred to
above that are applicable to its major federal programs for the year ended February 28, 2007.
internal Control Over Compliance
The management of Empower'U`, Inc. is responsible for establishing and maintaining. effective internal
control over compliance with the requirements of laws, regulations; contracts and grants applicable to
federal programs. In planning and performing my audit; 1 considered Empower 'U', Inc.'s internal control
compliance with requirements that could have a direct and material effect on a major federal program in
order.to determine my auditing procedures for the purpose of expressing my opinion on compliance and to
test and report on the internal control over compliance in accordance with OMB Circular A-133.
My consideration ofthe internal control over compliance would not necessarily disclose all maters in the
internal control that might be material weaknesses. A material weakness is a condition in which the design
or operation of one or more of the internal control components does not reduce to a relatively low level the
risk that noncompliance with applicable requirements of laws, regulations, contracts and grants that would
be material in relation to a major federal program being audited may occur and not be detected within a
timely period by employees in the normal course of performing their assigned functions. 1 noted no matters
involving the internal control over compliance and its operation that I consider to be material weaknesses.
This report is intended solely for the information and use of.the audit committee, management, others
within the organization, federal award ing.agencies and pass-through entities and is not intended to be and
shouldozf be up anyon Cher than these specified parties.
AR ADSDEN, C.P.A.
August,14, 2007
STUART GLADSDEN, C.P.A.
1.895 SW 14th Terrace
Miami, FL 33145
305-860-6974
F
REPORT ON COMPLIANCE AND ON INTERNAL CONTROL OVER FINANCIAL REPORTING
BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH
GOVERNMENTAL AUDITING STANDARDS
Board of Directors
Empower `U', Inc.
Miami, FL
I have audited the financial statements of Empower `U`, Inc. (a Not -For -Profit Organization) for the year
ended February 28, 2007 and have issued my report thereon dated August 14, 200T i conducted my audit
in accordance with.generally accepted auditing standards and Government Auditing Standards, issued by
the Comptroller General of the. United States.
Compliance
As part of obtaining reasonable assurance about -whether Empower `U`, Ine.'s financial statements are free
of material misstatement, 1 performed tests of its compliance with certain provisions of latus; regulations,
contracts and grants, noncompliance with which could have a direct material effect on the determination of
financial statement amounts However; providing an opinion on compliance with those provisions was not
an objective of my audit, and accordingly,, I do not express such an opinion. The results of my tests
disclosed no instances of noncompliance that are required to be reported under Government Auditing
Standards.
Internal Control Over Financial Reportintr
In planning and performing my audit of the financial statements of the Company as of and for the year
ended December 31, 2006 in accordance with auditing standards generally accepted in the United States, I
considered the Company's internal control.over financial reporting as a basis for designing my auditing
procedures for the purpose of expressing my opinion on the financial statements, but not for the purpose of
expressing an opinion on the effectiveness of the Company'sinternal control. Accordingly, I do not express
an opinion on the effectiveness of the Company's internal control. My consideration of internal control tivas
for the limited purpose described in the preceding paragraph and would not necessarily identify:all
deficiencies in internal control that might be significant deficiencies or material weaknesses.
A control deficiency exists when the design or operation of a control does not allow management or
employees; in the normal course of performing their assigned functions, to prevent or detect misstatements
on a timely basis. A significant deficiency is a control deficiency, or a combination of control deficiencies,
that adversely affects the entity's ability to initiate, authorize, record, processor report financial data
reliably in accordance with generally accepted accounting principles such that there is more than a remote
likelihood that a misstatement of the entity's financial statements that is more than inconsequential will not
be prevented or detected by the entity's internal control.
This report is intended solely for the information and use of the audit committee, management, others
within the organization and the federal awarding agencies and pass-through entities and is not intended to
be and should not be used by anyone other than these specified parties.
MART GLODSDEN, C.P.A.
August 14, ?,007
N
SCHEDULE OF FINDINGS AND QUESTIONED COSTS
OF EMPOWER'U', INC.
FOR THE YEAR ENDED
FEBRUARY 28; 2007
i
1. The auditor's report expresses an unqualified opinion on the financial statements.
2. No. reportable conditions were disclosed during the audit of the financial statements.
3. No instances of noncompliance material to the financial statements were disclosed during the audit.
4. The auditor's report on compliance for the major federal awards program expresses an unqualified
opinion on the major federal program. V
5. Audit findings relative to the major federal award program are reported in this schedule. '
6. The programtested as a major program is Title I - HIV Emergency Relief Grant - Ryan White
C.A.R.E. Act - 93.915 and Centers For Disease Control And Prevention - 93.939.
7. The threshold for distinguishing Type A and B programs is 5500,000.
S. Empower'U`, Inc. was determined to be a low-risk auditee.
Findings - Financial Statement Audit
No reportable conditions.
Findings and Questioned Costs - Major Federal Awards Program Audit
1. No findings or questioned costs
EMPOWER'U', INC.
FINANCIAL STATEMENITS
FEBRUARY 29, 2008 AND FEBRUARY 28, 2007
1of11
STUART GLADSDEN, C.P.A.
1895 SW 14TH TERRACE
MIAMI, FL 33145
Tel, 305-860-6974
EMPOWER'U', INC.
Miami, FL
I have audited the accompanying balance sheet of EMPOWER'U', INC. (A Not -For -Profit Organization)
as of February 29, 2008 and February 28, 2007, and the related statements of activities, functional expenses
and cash flows for the years then ended. These financial statements are the responsibility of EMPOWER
'U', INC.'s management.
I conducted my audit in accordance with generally accepted auditing standards and the standards applicable
to financial audits contained in Government Auditine Standards, issued by the Comptroller General of the
United States. Those standards require that I plan and perform the audit to obtain reasonable assurance
about whether the financial statements are free of material misstatement. An audit includes examining on a
test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also
includes assessing the accounting principles used and significant estimates made by management, as well
as evaluating the overall financial statement presentation. I believe that my audit provides a reasonable
basis for my opinion.
In my opinion the financial statements referred to above present fairly in all material respects the financial
position of EMPOWER'U', INC. as of February 29, 2008 and February 28, 2007 and the changes in its net
assets and cash flows for the years then ended in conformity with generally accepted accounting principles.
In accordance with Government Auditing Standards, I: have also issued a report dated June 24, 2008 on my
consideration of EMPOWER'U', INC.'s internal control over financial reporting and on my tests of its
compliance with certain provisions of laws, regulations, contracts and grants. That report is an integral part
of an audit performed in accordance with Government Auditing Standards and should be read in
conjunction with this report in considering the results of my audit.
My audit was made for the purpose of forming an opinion on the basic financial statements taken as a
whole. The accompanying schedule of expenditures of federal awards is presented for purposes of
additional analysis as.required by US Office of Management and Budget Circular A-133, "Audits of States,
local Governments, and Not -For -Profit Organizations," and is not a required part of the basic financial
statements. Such information has been subjected to the auditing procedures applied in my audit of the basic
financial statements and, in my opinion is fairly stated in all material respects when considered in relation
to the basic financial statements taken as a whole.
Cordially,, '
0S f T GL
SDEN, C.P.A.
une 24, 2098
2of11
EMPOWER'U', INC.
STATEMENT OF FINANCIAL POSITION
FEBRUARY 29, 2008 AND FEBRUARY 28, 2007
ASSETS
Total Current Assets
TOTAL ASSETS
LIABILITIES AND NET ASSETS
CURRENT LIABILITIES
Accounts Payable
Payroll Liabilities
Unearned Income
Total Current Liabilities
NET ASSETS - Unrestricted
TOTAL LIABILITIES AND NET ASSETS
Please Read Accountant's Audit Report.
3of11
726.678 593,337
$726.678 $593.337
$ 1,534 $ 10,696
3,993 14,113
541,099 442.354
546,626 467,163
180.052 126,174
$726,678 $593.337
2008
2007
CURRENT ASSETS
Cash
$ 12,794
$ 7,996
Notes Receivable
10,583
10,583
Deposits
3,018
1,287
Grants Receivable
700.283
573.471
Total Current Assets
TOTAL ASSETS
LIABILITIES AND NET ASSETS
CURRENT LIABILITIES
Accounts Payable
Payroll Liabilities
Unearned Income
Total Current Liabilities
NET ASSETS - Unrestricted
TOTAL LIABILITIES AND NET ASSETS
Please Read Accountant's Audit Report.
3of11
726.678 593,337
$726.678 $593.337
$ 1,534 $ 10,696
3,993 14,113
541,099 442.354
546,626 467,163
180.052 126,174
$726,678 $593.337
EMPOWER'U', INC.
STATEMENT OF ACTIVITIES
FOR THE YEARS ENDED FEBRUARY 29, 2008 AND FEBRUARY 28, 2007
Total Unrestricted Support 1,306,709 1,156,677
EXPENSES
Program Services:
Ryan White Title 1
2008
2007
SUPPORT
342,912
419,817
Ryan White Title I
$ 257,976
S 244,631
CDC
437,256
399,424
HOPWA
370,017
330,232
Other Grants
223,016
177,012
Miscellaneous
4,211
919
Donations
14,233
4,459
Total Unrestricted Support 1,306,709 1,156,677
EXPENSES
Program Services:
Ryan White Title 1
282,186
243,797
CDC
342,912
419,817
HOPWA
377,048
325,893
Other
250,685
200,800
Total Program Services
1.252.831
1,190,307
Increase (Decrease) in Unrestricted Net Assets
53,878
( 33,630)
Net Assets at beginning ofyear
126,174
159,804
Net Assets at end of year
S 180,052
$ 126,174
Please Read Accountant's Audit Report.
4of11
EMPOWER'U', INC.
STATEMENT OF FUNCTIONAL EXPENSES
FOR TETE YEAR ENDED FEBRUARY 29, 2008
Program Services
Total Functional Expenses $ 282.186 $342.912 $ 377.048 $250.685 $1.252.831
Please Read accountant's Audit report.
5of11
Rvan White
CDC
HOPWA
Other
Total
Payroll
$ 198,615
$234,228
$274,490
$123,436
$830,769
Payroll Related Costs
43,028
44,336
58,855
28,186
174,405
Rent
16,017
7,406
14,417
16,001
53,841
Advertising
0
0
0
4,979
4,979
Office Expenses
1,383
3,647
3,580
28,478
37,088
Communications
4,706
6,566
4,030
3,481
18,783
Computer Expense
20
49
636
0
705
Professional Fees
0
3,000
0
13,787
16,787
Program
0
22,922
0
6,211
29,133
Equipment Rental
3;381
456
4,463
2,440
10,740
Equipment Purchase
0
2,205
735
1,310
4,250
Insurance
3,337
2,990
4,587
3,263
14,177
Repairs and Maintenance
553
413
887
683
2,536
Supplies
4,834
6,806
1,845
10,849
24,334
Travel
3,009
7,988
4,773
5,451
21,221
Utilities
3.303
(---LOO)
3.750
2.130
9,083
Total Functional Expenses $ 282.186 $342.912 $ 377.048 $250.685 $1.252.831
Please Read accountant's Audit report.
5of11
EMPOWER 'U% INC.
NOTES TO THE FINANCIAL STATEMENTS
FEBRUARY 29,2008
1. NATURE OF ACTIVITIES AND SIGNIFICANT ACCOUNTING POLICIES
Nature of Activities.
EMPOWER 'U', INC. is a Not -For -Profit organization which provides case management and referrals for
people with AIDS. The organization was incorporated on November 24, 1997 and is operated in
accordance with the laws and statutes of the State of Florida.
Significant Accounting Policies.
EMPOWER 'U', INC. follows standards of accounting and financial reporting for voluntary health and
welfare organizations as described in the American Institute of certified Public Accountants' "Industry
Guide for Audits of Voluntary Health and Welfare Organizations". Accordingly, the fmancial statements
are prepared on the accrual basis of accounting{
Financial Statement Presentation,
The Organization reports information regarding its financial position and activities according to classes of
net assets. In addition, a statement of cash flows is required.
Support and Expenses.
Contributions have been thus far received in cash and are reported as an increase in net assets. Expenses are
recorded when incurred in accordance with the accrual basis of accounting. Indirect administrative costs
are allocated to the programs based upon employee labor hours.
Income Taxes.
EMPOWER'U', INC. has been ruled a tax exempt organization under Section 501(c)(3) by the Internal
revenue service, and accordingly, no provision for income taxes has been made.
Grants Receivable and Unearned Income.
Grants Receivable is the uncollected portion of grant contracts. Unearned Income is the portion of the grant
contract which has not yet been earned or recognized as income.
2. GOVERNMENTAL FINANCIAL ASSISTANCE PROGRAMS
Program assistance was provided by the Title I H V Emergency Relief Grant under the Ryan White
Comprehensive AIDS Resource Emergency (C.A.R.E.) Act received from Miami -Dade County.
Assistance was also provided by the Housing Opportunities for Persons With AIDS (HOPWA) Program
created under the AIDS Housing Opportunity Act and administered by the City of Miami. Also providing
assistance is the Centers For Disease Control and Prevention (CDC)
6of11
EMPOWER'U', INC.
STATEMENT OF CASH FLOWS
FOR THE YEARS ENDED FEBRUARY 29, 2008 AND FEBRUARY 28, 2007
Reconciliation of Increase ( Decrease) in Unrestricted Net Assets
2008
2007
Operating Activities
Decrease in Unrestricted Net Assets
$53,878
Cash Inflows:
(128,543)
Decrease in Accounts Payable
Donations
$ 14,233
$ 4,459
Grant Contracts
1,260,198
1,174,707
Miscellaneous
4.211
919
Total Cash Inflows
1,278,642
1,180,085
Cash Outflows:
Program Services
1.272,113
1,186,986
Net Cash Inflow (Outflow) From
Operating Activities
6,529
( 6,901)
Financing Activity
Loans Receivable/Deposits
( 1.731
( 1.287)
Cash Inflow (Outflow) From All Activities
4,798
( 8,188)
Cash At March 1, 2007
7,996
16.184
Cash At February 29, 2008
$ 12.794
$ 7,996
Reconciliation of Increase ( Decrease) in Unrestricted Net Assets
to net cash inflow (outflow) for operating activities:
Decrease in Unrestricted Net Assets
$53,878
Subtract Increase in Receivables
(128,543)
Decrease in Accounts Payable
( 9,162)
Decrease in Payroll Payable
( 10,120)
Add Increase in Unearned Income
98,745
Total
49.080
Net Cash Inflow from Operating Activities
$ 4.798
Please Read Accountant's Audit Report.
7of11
EMPOWER `U', INC.
SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS
FOR THE YEAR ENDED FEBRUARY 29, 2008
Federal Federal
Program Title CFDA Expenditures
Ryan White Part A andMinority AIDS Initiative
Part A March 1, 2007 - February 29, 2008
MAI Aug. 1, 2007 — July 31, 2008 93.915 $250,685
Centers For Disease Control And Prevention
(Budget Period July 1, 2007 — June 30, 2008
and July 1, 2006 — June 30, 2007 93.939 $342,912
HOPWA (Budget period Oct. 1, 2006 — Sept. 30, 2007
And Oct. 1, 2007 — Sept. 30, 2008 - $377,048
8of11
STUART GLADSDEN, C.P.A.
1895 SW 14th Terrace
Miami, FL 33145
REPORT ON COMPLIANCE WITH REQUIREMENTS APPLICABLE TO EACH
MAJOR PROGRAM AND ON INTERNAL CONTROL OVER COMPLIANCE
IN ACCORDANCE WITH OMB CIRCULAR A-133
Board of Directors
Empower'U', Inc.
Compliance
I have audited the compliance of Empower 'U', Inc. with the types of compliance
requirements described in the U.S. Office of Management and Budget (OMB) Circular A-133 Compliance
Supplement that are applicable to each of its major federal programs for the year ended February 28, 2007.
The major federal programs are identified in the summary of auditor's result section of the accompanying
schedule of findings and questioned costs. Compliance with the requirements of laws, regulations, contracts
and grants applicable to each of its major federal programs is the responsibility of Empower 'U', Int.'s
management. My responsibility is to express an opinion on the Organization's compliance based on my
audit.
I conducted my audit of compliance in accordance with generally accepted auditing standards, the
standards applicable to financial audits contained in Government Auditing Standards, issued by the
Comptroller General of the United States and OMB Circular A-133 Audits of States, local Governments
and Non -Profit Organizations, Those standards and OMB Circular A-133 require that I plan and perform
the audit to obtain reasonable assurance about whether noncompliance with the types of compliance
requirements referred to above that could have a direct and material effect on a major federal program
occurred. An audit includes examining, on a test basis, evidence about the Organization's compliance with
those requirements and performing such other procedures as I considered necessary in the circumstances. I
believe that my audit provides a reasonable basis for my opinion. My audit does not provide a legal
determination of Empower'U', Inc.'s compliance with those requirements.
In my opinion, Empower `U`, Inc. has complied, in all material respects, with the requirements referred to
above that are applicable to its major federal programs for the year ended February 29, 2008.
Internal Control Over Compliance
The management of Empower'U', Inc. is responsible for establishing and maintaining effective internal
control over compliance with the requirements of laws, regulations, contracts and grants applicable to
federal programs. In planning and performing my audit, I considered Empower'U', Inc.`s internal control
compliance with requirements that could have a direct and material effect on a major federal program in
order to determine my auditing procedures for the purpose of expressing my opinion on compliance and to
test and report on the internal control over compliance in accordance with OMB Circular A-133.
My consideration of the internal control over compliance would not necessarily disclose all maters in the
internal control that might be material weaknesses. A material weakness is a condition in which the design
or operation of one or more of the internal control components does not reduce to a relatively low level the
risk that noncompliance with applicable requirements of laws, regulations, contracts and grants that would
be material in relation to a major federal program being audited may occur and not be detected within a
timely period by employees in the normal course of performing their assigned functions. I noted no matters
involving the internal control over compliance and its operation that I consider to be material weaknesses.
This report is intended solely for the information and use of the audit committee, management, others
within tl}c organization, federal awarding. agencies and pass-through entities and is not intended to be and
should,( t be use y one other than these specified parties.
4AG5DSD�NC.P.A.
June 24, 2d( 8
9of11
STUART GLADSDEN, C.P.A.
1895 SW 14th Terrace
Miami, FL 33145
305-860-6974
REPORT ON COMPLIANCE AND ON INTERNAL CONTROL OVER FINANCIAL REPORTING
BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH
GOVERNMENTAL AUDITING STANDARDS
Board of Directors
Empower `U', Inc.
Miami, FL
I have audited the financial statements of Empower `U`, Inc. (a Not -For -Profit Organization) for the year
ended February 29, 2008 and have issued my report thereon dated June 24, 2008. I conducted my audit in
accordance with generally accepted auditing standards and Government Auditing Standards, issued by the
Comptroller General of the United States.
Compliance
As part of obtaining reasonable assurance about whether Empower `U`, Inc.'s financial statements are free
of material misstatement, I performed tests of its compliance with certain provisions of laws, regulations,
contracts and grants, noncompliance with which could have a direct material effect on the determination of
financial statement amounts. However, providing an opinion on compliance with those provisions was not
an objective of my audit, and accordingly, I do not express such an opinion. The results of my tests
disclosed no instances of noncompliance that are required to be reported under Government Auditing
Standards.
Internal Control Over Financial Reoortin
In planning and performing my audit of the financial statements of the Company as of and for the year
ended February 29, 2008 in accordance with auditing standards generally accepted in the United States, I
considered the Company's internal control over financial reporting as a basis for designing my auditing
procedures for the purpose of expressing my opinion on the financial statements, but not for the purpose of
expressing an opinion on the effectiveness of the Company's internal control. Accordingly, 1 do not express
an opinion on the effectiveness of the Company's internal control. My consideration of internal control was
for the limited purpose described in the preceding paragraph and would not necessarily identify all
deficiencies in internal control that might be significant deficiencies or material weaknesses.
A control deficiency exists when the design or operation of a control does not allow management or
employees, in the normal course of perfonning their assigned functions, to prevent or detect misstatements
on a timely basis. A significant deficiency is a control deficiency, or a combination of control deficiencies,
that adversely affects the entity's ability to initiate, authorize, record, process or report financial data
reliably in accordance with generally accepted accounting principles such that there is more than a remote
likelihood that a misstatement of the entity's financial statements that is more than inconsequential will not
be prevented or detected by the entity's internal control.
This report is intended solely for the information and use of the audit committee, management, others
within the organization and the federal awarding agencies and pass-through entities and is not intended to
be and should not be sed by anyone other than these specified parties.
S UART G DSDFN, C.P.A.
June 24, 2-608
10 of 11
SCHEDULE OF FINDINGS AND QUESTIONED COSTS
OF EMPOWER `U`, INC.
FOR THE YEAR ENDED
FEBRUARY 29,2008_
1. The auditor's report expresses an unqualified opinion on the financial statements.
2. No reportable conditions were disclosed during the audit of the financial statements.
3. No instances of noncompliance material to the financial statements were disclosed during the audit.
d. The auditor's report on compliance for the major federal awards program expresses an unqualified
opinion on the major federal program.
5. Audit findings relative to the major federal award program are reported in this schedule.
6. The program tested as a major program is Title 1 - HIV Emergency Relief Grant - Ryan White
C.A.R.E. Act - 93.915, Centers For Disease Control And Prevention - 93.939 and HOPWA.
7. The threshold for distinguishing Type A and B programs is $500,000.
8. Empower `U`, Inc. was determined to be a low-risk auditee.
Findings - Financial Statement Audit
No reportable conditions.
Findings and Questioned Costs - Major Federal Awards Program Audit
1. No findings or questioned costs.
EMPOWER'U', INC.
FINANCIAL STATEMENTS
FEBRUARY 28, 2009
EMPOWER'U', INC.
TABLE OF CONTENTS
FEBRUARY 28, 2009
Auditor's Report
1.
Statement of Financial Position
2.
Statement of Activities
3.
Statement of Cash Flows
4.
Notes To Financial Statements
5.
Supplemental Statement of Program Expenses
6.
Supplemental Statement of Administrative Expenses
7.
Schedule of Expenditures of Federal Awards
8.
Notes To Schedule of Expenditures of Federal Awards
9.
Report on Compliance and Internal Control Over Financial Reporting
10.
Report on Compliance With Requirements To Each Major Program
11.
Schedule of Findings and Questioned Costs
12.
STUART GLADSDEN, C.P.A.
1895 SW 14TH TERRACE
MIAMI, FL 33145
Tel. 305-860-6974
EMPOWER'U% INC.
Miami, FL
I have audited the accompanying balance sheet of EMPOWER'U', INC. (A Nat -For -Profit Organization) as of February 28, 2009 and
the related statements of activities, functional expenses and cash flows for the year then ended. These financial statements are the
responsibility of EMPOWBR'U', INC.'s management.
I conducted my audit in accordance with generally accepted auditing standards and the standards applicable to financial audits
contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that I
plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An
audit includes examining on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also
includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall
financial statement presentation. I believe that my audit provides a reasonable basis for my opinion.
In my opinion the financial statements referred to above present fairly in all material respects the financial position of EMPOWER 'U',
INC. as of February 28, 2009 and the changes in its net assets and cash flows for the year then ended in conformity with generally
accepted accounting principles.
In accordance with Government Auditing Standards, I have also issued a report dated May 20, 2009 on my consideration of
EMPOWER'U', INC.'s internal control over financial reporting and on my tests of its compliance with certain provisions of laws,
regulations, contracts and grants. That report is an integral part of an audit performed in accordance with Government Auditing
Standards and should be read in conjunction with this report in considering the results of my audit.
My audit was made for the purpose of forming an opinion on the basic financial statements taken as a whole. The accompanying
schedule of expenditures of federal awards is presented for purposes of additional analysis as required by US Office of Management
and Budget Circular A-133, "Audits of States, local Governments, and Not -For -Profit Organizations," and is not a required part of the
basic financial statements. Such information has been subjected to the auditing procedures applied in my audit of the basic financial
statements and, in my opinion is fairly stated in all material respects when considered in relation to the basic financial statements taken
as a whole.
Cordiall
91tART GL SDEN, C.P.A.
May 20, 20
EMPOWER'U', INC.
STATEMENT OF FINANCIAL POSITION
FEBRUARY 28, 2009
CURRENT ASSETS
Cash
Grants Receivable
Total Current Assets
Deposits
TOTAL ASSETS
CURRENT LIABILITIES
Accounts Payable
Payroll Liabilities
Total Current Liabilities
NET ASSETS
Unrestricted
Restricted
Total Net Assets
TOTAL LIABILITIES AND NET ASSETS
Please Read Accountant's Audit Report.
ASSETS
$ 25,721
201,512
227,233
5,516
$232,749
LIABILITIES AND NET ASSETS
$ 27,960
8,750
36,710
170,629
25,410
196.039
$232,749
EMPOWER'U', INC.
STATEMENT OF ACTIVITIES
FOR THE YEAR ENDED FEBRUARY 28, 2009
CHANGES IN UNRESTRICTED NET ASSETS:
SUPPORT
Funding Source:
Ryan White Title I
S 364,960
CDC
280,548
HOPWA
389,496
Other Grants
321,679
Miscellaneous
3,899
Donations
17,718
Total Unrestricted Support
EXPENSES
Administration
126,929
Program Services:
Case Connection
18,187
Case Mgmt./Peer Support
291,757
Community Awareness
8,409
Housing
383,848
Outreach
136,566
Prevention
387,760
Other
34,267
Total Expenses
Increase (Decrease) in Unrestricted Net Assets
CHANGES IN TEMPORARILY RESTRICTED NET ASSETS:
Other Grant Income
Increase (Decrease) in Net Assets
Net Assets at Beginning of Year
Net Assets at End of Year
Please Read Accountant's Audit Report.
1,378,300
1,387,723
( 9,423)
25,410
15,987
180.052
$ 196.039
EMPOWER'U', INC.
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED FEBRUARY 28, 2009
Operating Activities
Cash Inflows:
Donations
Grant Contracts
Miscellaneous
Total Cash Inflows
Cash Outflows:
Admin. & Program Services
Net Cash Inflow (Outflow) From
Operating Activities
Investing Activity
Deposits
Cash Inflow From All Activities
Cash At March 1, 2008
Cash At February 28, 2009
Reconciliation of Increase (Decrease) in Net Assets
To net cash inflow (outflow) for operating activities:
i
Increase in Net Assets
Subtract Increase in Receivables
Increase in Accounts Payable
Increase in Payroll Payable
Decrease in Notes Receivable
Increase in Deposits
Total
Net Cash Inflow from Operating Activities
Please Read Accountant's Audit Report.
$ 17,718
1,339,765
3.899
(42,328)
26,426
4,757
10,583
2.498
1,361,382
1.345.957
15,425
( 2.498)
12,927
12,794
$ 25,721
$15,987
3,060
$12.927
EMPOWER `U', INC.
NOTES TO THE FINANCIAL STATEMENTS
FEBRUARY 28, 2009
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES
Organization.
EMPOWER'U', INC. is a Not -For -Profit organization which provides case management and referrals for people with AIDS. The
organization was incorporated on November 24, 1997 and is operated in accordance with the laws and statutes of the State of Florida.
Significant Accounting Policies.
EMPOWER'U', INC. follows standards of accounting and financial reporting for voluntary health and welfare organizations as
described in the American Institute of certified Public Accountants' "Industry Guide for Audits of Voluntary Health and Welfare
Organizations". Accordingly, the financial statements are prepared on the accrual basis of accounting.
Financial Statement Presentation.
The Organization reports information regarding its financial position and activities according to classes of net assets. In addition, a
statement of cash flows is required. The financial statements were prepared with the provisions of the Statement of Financial
Accounting Standards (SFAS) No. 117, Financial Statements of Not for -Prof t Organizations. As per the standard the financial
position and activities of the organization are presented according to three classes of net assets as applicable. The classes are:
Unrestricted, whereby resources have met all applicable restrictions, Temporarily Restricted, whereby resources have not met all
applicable restrictions and Permanently Restricted, whereby resources are restricted by a permanent stipulation. Grant income that has
been received prior to earning the award through the fulfillment of the contract terms is recorded as temporarily restricted. For this
year only unrestricted and temporarily restricted applies. The temporarily restricted income for the year is $23,800 from Miami -Dade
AATI and $1,610 from Miami -Dade DHS. The temporarily restricted net assets are Miami -Dade AATI $23,800 and Miami -Dade
DHS $1,610.
Support and Expenses.
Contributions have been thus far received in cash and are reported as an increase in net assets. Expenses are recorded when incurred in
accordance with the accrual basis of accounting. Indirect administrative costs are allocated to the programs based upon employee
labor hours.
Income Taxes.
EMPOWER'U', INC. has been ruled a tax- exempt organization under Section 501(c)(3) by the Internal revenue service, and
accordingly, no provision for income taxes has been made.
Grants Receivable.
Grants Receivable is the uncollected portion of grant contracts that has been earned.
HOPWA $ 54,128
JACKSON HEALTH 12,727
MIAMI-DADE HEALTH DEPT 36,417
RYAN WHITE 90,324
UNITED WAY 7,916
Total $201.512
2. GOVERNMENTAL FINANCIAL ASSISTANCE PROGRAMS
Program assistance was provided by the Title I HIV Emergency Relief Grant under the Ryan White Comprehensive AIDS Resource
Emergency (C.A.R.E.) Act received from Miami -Dade County. Assistance was also provided by the Housing Opportunities for
Persons With AIDS (HOPWA) Program created under the AIDS Housing Opportunity Act and administered by the City of Miami.
Also providing assistance is the Centers For Disease Control and Prevention (CDC)
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EMPOWER `U', INC.
SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS
FOR THE YEAR ENDED FEBRUARY 28, 2009
Federal Federal
Program Title
CFDA Expenditures
Ryan White Part A and Minority AIDS Initiative
Part A March 1, 2008 - February 28, 2009
MAI Aug. 1, 2008 — July 31, 2009
93.915 $ 333,739
Centers For Disease Control And Prevention
{Budget Period July 1, 2008 — June 30, 2009
and July 1, 2007 — June 30, 2008
93.939 $ 320,115
HOPWA (Budget period Oct. 1, 2007 — Sept. 30, 2008
And Oct. 1, 2008 — Sept. 30, 2009
- $ 401,873
r
EMPOWER `U', INC.
NOTES TO THE SCHEDULE OF
EXPENDITURES OF FEDERAL AWARDS
FEBRUARY 28, 2009
1. SIGNIFICANT ACCOUNTING POLICIES
The schedule of expenditures of Federal awards is presented by funding source
and includes Ryan White Part A, CDC and HOPWA. Although the program fiscal year may be different
than the company fiscal reporting year the expenses are those incurred in the company fiscal period
using the accrual basis of accounting and matching principle of accounting.
STUART GLADSDEN, C.F.A.
1895 SW 14th Terrace
Miami, FL 33145
REPORT ON COMPLIANCE WITH REQUIREMENTS APPLICABLE TO EACH
MAJOR PROGRAM AND ON INTERNAL CONTROL OVER COMPLIANCE
IN ACCORDANCE WITH OMB CIRCULAR A-133
Board of Directors
Empower'U', Inc.
Compliance
I have audited the compliance of Empower'U', Inc. with the types of compliance
requirements described in the U.S. Office of Management and Budget (OMB) Circular A-133 Compliance Supplement that are
applicable to each of its major federal programs for the year ended February 28, 2009. The major federal programs are identified in the
summary of auditor's result section of the accompanying schedule of findings and questioned costs. Compliance with the requirements
of laws, regulations, contracts and grants applicable to each of its major federal programs is the responsibility of Empower 'U', Inc.'s
management. My responsibility is to express an opinion on the Organization's compliance based on my audit.
I conducted my audit of compliance in accordance with generally accepted auditing standards, the standards applicable to financial
audits contained in Government Auditing Standards, issued by the Comptroller General of the United States and OMB Circular A-133
Audits of States, local Governments and Non -Profit Organizations. Those standards and OMB Circular A-133 require that I plan and
perform the audit to obtain reasonable assurance about whether noncompliance with the types of compliance requirements referred to
above that could have a direct and material effect on a major federal program occurred. An audit includes examining, on a test basis,
evidence about the Organization's compliance with those requirements and performing such other procedures as I considered
necessary in the circumstances. I believe that my audit provides a reasonable basis for my opinion. My audit does not provide a legal
determination of Empower 'U', Inc.'s compliance with those requirements.
In my opinion, Empower 'U', Inc. has complied, in all material respects, with the requirements referred to above that are applicable to
its major federal programs for the year ended February 28, 2009.
Internal Control Over Compliance
The management of Empower'U', Inc. is responsible for establishing and maintaining effective internal control over compliance with
the requirements of laws, regulations, contracts and grants applicable to federal programs. In planning and performing my audit, I
considered Empower'U', Inc.'s internal control compliance with requirements that could have a direct and material effect on a major
federal program in order to determine my auditing procedures for the purpose of expressing my opinion on compliance and to test and
report on the internal control over compliance in accordance with OMB Circular A-133.
My consideration of the internal control over compliance would not necessarily disclose all maters in the internal control that might be
material weaknesses. A material weakness is a condition in which the design or operation of one or more of the internal control
components does not reduce to a relatively low level the risk that noncompliance with applicable requirements of laws, regulations,
contracts and grants that would be material in relation to a major federal program being audited may occur and not be detected within
a timely period by employees in the normal course of performing their assigned functions. I noted no matters involving the internal
control over compliance and its operation that I consider to be material weaknesses.
This report is intended solely for the information and use of the audit committee, management, others within the organization, federal
awarding agencies and pass-through entities and is not intended to be and should not be used by anyone other than these specified
parties.
*RT SDEN, C.P.A.
May 20, 2 9
STUART GLADSDEN, C.P.A.
1895 SW 14th Terrace
Miami, FL 33145
305-860-6974
REPORT ON COMPLIANCE AND ON INTERNAL CONTROL OVER FINANCIAL REPORTING
BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH
GOVERNMENTAL AUDITING STANDARDS
Board of Directors
Empower `U', Inc.
Miami, FL
I have audited the financial statements of Empower `U`, Inc. (a Not -For -Profit Organization) for the year ended February28, 2009 and
have issued my report thereon dated May 20, 2009. I conducted my audit in accordance with generally accepted auditing standards
and Government Auditing Standards, issued by the Comptroller General of the United States.
Compliance
As part of obtaining reasonable assurance about whether Empower `U', Inc.'s financial statements are free of material misstatement, I
performed tests of its compliance with certain provisions of laws, regulations, contracts and grants, noncompliance with which could
have a direct material effect on the determination of financial statement amounts. However, providing an opinion on compliance with
those provisions was not an objective of my audit, and accordingly, I do not express such an opinion. The results of my tests disclosed
no instances of noncompliance that are required to be reported under Government Auditing Standards.
Internal Control Over Financial Renortin
In planning and performing my audit of the financial statements of the Company as of and for the year ended February 28, 2009 in
accordance with auditing standards generally accepted in the United States, I considered the Company's internal control over financial
reporting as a basis for designing my auditing procedures for the purpose of expressing my opinion on the financial statements, but not
for the purpose of expressing an opinion on the effectiveness of the Company's internal control. Accordingly, I do not express an
opinion on the effectiveness of the Company's internal control. My consideration of internal control was for the limited purpose
described in the preceding paragraph and would not necessarily identify all deficiencies in internal control that might be significant
deficiencies or material weaknesses.
A control deficiency exists when the design or operation of a control does not allow management or employees, in the normal course
of performing their assigned functions, to prevent or detect misstatements on a timely basis. A significant deficiency is a control
deficiency, or a combination of control deficiencies, that adversely affects the entity's ability to initiate, authorize, record, process or
report financial data reliably in accordance with generally accepted accounting principles such that there is more than a remote
likelihood that a misstatement of the entity's financial statements that is more than inconsequential will not be prevented or detected
by the entity's internal control. For the year ended February 28, 2009 I did not identify any significant deficiencies or material
weaknesses.
This report is intended solely for the information and use of the audit committee, management, others within the organization and the
federal awarding agencies and pass-through entities and is not intended to be and should not be used by anyone other than these
specifi parties.
UART G DSDE , C. .A.
May 20,209
SCHEDULE OF FINDINGS AND QUESTIONED COSTS
OF EMPOWER 'U', INC.
FOR THE YEAR ENDED
FEBRUARY 28, 2009
1. The auditor's report expresses an unqualified opinion on the financial statements.
2. No reportable conditions were disclosed during the audit of the financial statements.
3. No instances of noncompliance material to the financial statements were disclosed during the audit.
4. The auditor's report on compliance for the major federal awards program expresses an unqualified
opinion on the major federal program.
5. Audit findings relative to the major federal award program are reported in this schedule.
6. The program tested as a major program is Title 1 - HIV Emergency Relief Grant - Ryan White
C.A.R.E. Act - 93.915, Centers For Disease Control And Prevention - 93.939 and HOPWA.
7. The threshold for distinguishing Type A and B programs is $500,000.
8. Empower'U', Inc. was determined to be a low-risk auditee.
Findings -Prior Year Financial Statement Audit
No prior year audit findings were reported.
Findings - Financial Statement Audit
No reportable conditions.
Findings and Questioned Costs - Major Federal Awards Program Audit
1. No findings or questioned costs.