2024-04-25T09:40:34-05:00 2023-06-30 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2022-07-01 463612187 CITIES FOR FINANCIAL EMPOWERMENT FUND INC CITI 6463621639 44 WALL STREET - SUITE 1050 NEW YORK NY 100052443 JONATHAN MINTZ PRESIDENT AND CEO 6463621639 2024-04-25 1 JONATHAN MINTZ 999009999 0 MICHAEL WALLACE P00881958 2126972299 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JONATHAN MINTZ 44 WALL STREET - SUITE 1050 NEW YORK NY 100052443 7628594 0 X WWW.CFEFUND.ORG X 2013 NY HELP MUNICIPALITIES BUILD PROGRAMS AND STRATEGIES TO SUPPORT HOUSEHOLD FINANCIAL STABILITY. 8 7 34 7 0 0 27212000 7183300 0 16800 37330 420253 8527 8241 27257857 7628594 5869729 2742998 0 0 3173797 3822554 0 0 639878 2210228 3833432 11253754 10398984 16004103 -2770390 29695810 27222487 4978411 5040466 24717399 22182021 X THE CFE FUND'S MISSION IS TO LEVERAGE MUNICIPAL ENGAGEMENT TO IMPROVE THE FINANCIAL STABILITY OF HOUSEHOLDS BY EMBEDDING FINANCIAL EMPOWERMENT STRATEGIES INTO LOCAL GOVERNMENT INFRASTRUCTURE. THE CFE FUND FOCUSES PROGRAMMATIC, RESEARCH, AND POLICY EFFORTS TOWARDS DESIGNING, EMBEDDING, AND REPLICATING FINANCIAL EMPOWERMENT INITIATIVES WITHIN LOCAL GOVERNMENT. 0 0 681758 445000 SUMMER JOBS CONNECT (SJC)THROUGH SUMMER JOBS CONNECT, THE CFE FUND AND ITS 41 MUNICIPAL GOVERNMENT PARTNERS HAVE DEVELOPED A NATIONAL MODEL FOR USING THE SCALE AND INFRASTRUCTURE OF MUNICIPAL SUMMER YOUTH EMPLOYMENT PROGRAMS TO INTEGRATE FINANCIAL EMPOWERMENT STRATEGIES AND ACHIEVE GREATER IMPACT. THE CFE FUND IS SUPPORTING MUNICIPALITIES IN DEVELOPING TARGETED FINANCIAL EDUCATION AND BANKING ACCESS STRATEGIES THAT TAKE ADVANTAGE OF THE PAYCHECK OPPORTUNITY, AND IS WELCOMING NEW COHORTS OF LOCAL GOVERNMENTS TO THIS WORK THROUGH A STRUCTURED SUMMER JOBS CONNECT ACADEMY OPPORTUNITY. 700340 235000 16800 BANK ONBANK ON PROVIDES CENTRAL SUPPORT TO 100 LOCAL COALITIONS AND LIAISES NATIONALLY WITH BANKING, REGULATORY, AND NONPROFIT ORGANIZATION PARTNERS TO ENSURE THAT EVERYONE HAS ACCESS TO SAFE, AFFORDABLE BANKING. PROGRAM ACCOMPLISHMENTS INCLUDE: THE RELEASE OF THE FIRST-EVER BANK ON NATIONAL ACCOUNT STANDARDS, AND THE ACCOMPANYING MOVEMENT OF THE MARKET TO MEET THE STANDARDS; THE CREATION OF AN INFRASTRUCTURE TO EVALUATE AND VALIDATE ACCOUNTS THAT MEET THE STANDARDS; THE CREATION OF A PLATFORM TO FACILITATE AND AGGREGATE FINANCIAL INSTITUTION REPORTING OF DATA ABOUT BANK ON ACCOUNTS; A RANGE OF GRANT SUPPORT TO ASSIST LOCAL COALITIONS IN BUILDING THEIR CAPACITY AND EXPANDING BANKING ACCESS, INCLUDING THROUGH THE DEVELOPMENT OF REPLICABLE, LARGE-SCALE PROGRAMS THAT CONNECT UNDERSERVED POPULATIONS TO CERTIFIED ACCOUNTS; THE ESTABLISHMENT OF THE BANK ON FELLOWSHIP TO DEMONSTRATE WHAT FULL-TIME COALITION LEADERSHIP CAN ACCOMPLISH; AND ADDITIONAL TECHNICAL ASSISTANCE EFFORTS AIMED AT HELPING FINANCIAL INSTITUTIONS AND MUNICIPAL LEADERS UPGRADE AND REINVIGORATE LOCAL BANK ON PROGRAMS. 2913661 979281 FINANCIAL EMPOWERMENT CENTER (FEC) REPLICATIONMUNICIPAL FINANCIAL EMPOWERMENT CENTERS (FECS) OFFER PROFESSIONAL, ONE-ON-ONE FINANCIAL COUNSELING AS A FREE PUBLIC SERVICE. THE MODEL, FIRST PILOTED IN NEW YORK CITY, IS NOW ACTIVE IN 31 CITIES AND COUNTIES, HELPING OVER 150,000 CLIENTS REDUCE DEBT BY OVER $225 MILLION AND INCREASE SAVINGS BY OVER $45 MILLION; DOZENS OF ADDITIONAL LOCAL GOVERNMENTS ARE WORKING TO LAUNCH A LOCAL FEC INITIATIVE. EACH PARTNER HAS SEEN INCREDIBLE DEMAND FOR FEC SERVICES AND HAS QUICKLY REALIZED THE IMPORTANCE OF THIS WORK; MANY HAVE TRANSITIONED SUCCESSFULLY FROM PRIVATE INVESTMENT INTO ONGOING PUBLIC FUNDING SUSTAINABILITY. THE CFE FUND LAUNCHED FEC ACADEMY, AN EXPANDED ENTRY POINT TO GUIDE CITIES AND COUNTIES THROUGH EACH STEP OF PLANNING TO LAUNCH THE MODEL LOCALLY. FINALLY, THE CFE FUND IS PILOTING NEW ENHANCEMENTS TO THE FEC MODEL RANGING FROM CONNECTIONS TO SMALL BUSINESS/ENTREPRENEURSHIP SERVICES TO ESTATE PLANNING. 4406067 1083717 ADDITIONAL CFE FUND PROGRAMS INCLUDE: SUPPORTING THE CFE COALITION, AN INVITATION-ONLY GROUP OF 20 CITIES ON THE CUTTING EDGE OF MUNICIPAL FINANCIAL EMPOWERMENT; DEVELOPING CONSUMER FINANCIAL PROTECTION CAPACITY AND OFFICES OF FINANCIAL EMPOWERMENT WITHIN LOCAL GOVERNMENT; AND PROVIDING INTENSIVE TECHNICAL ASSISTANCE TO HELP CITIES AND OTHER GOVERNMENT LEADERS EMBED FINANCIAL EMPOWERMENT STRATEGIES INTO PROGRAMS AND INFRASTRUCTURE, FOCUSING ON THE NEEDS OF BLACK RESIDENTS. 4406067 1083717 8701826 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 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 16 0 1 34 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X LISA NICOLLE GRIST 6463621639 44 WALL STREET SUITE 1050 NEW YORK NY 10005 JONATHAN MINTZ PRESIDENT AND CEO 40.00 X X 384554 0 16431 MICHAEL DUBIN TREASURER 1.00 X X 0 0 0 CATHLEEN MAHON SECRETARY 1.00 X X 0 0 0 NAOMI GENDLER CAMPER BOARD MEMBER 1.00 X 0 0 0 JOSE CISNEROS BOARD MEMBER 1.00 X 0 0 0 LATIA CURRY BOARD MEMBER 1.00 X 0 0 0 KAREN FREEMAN-WILSON BOARD MEMBER 1.00 X 0 0 0 LEIGH PHILLIPS BOARD MEMBER 1.00 X 0 0 0 LISA NICOLLE GRIST CHIEF RESEARCH, EVALUATION & FINANCE 40.00 X 169264 0 16931 AMELIA ERWITT MANAGING DIRECTOR 40.00 X 220180 0 33145 TAMARA LINDSAY CHIEF OF STRATEGY 40.00 X 163247 0 16866 I-HSING SUN CHIEF PROGRAM OFFICER 40.00 X 160497 0 23843 DAVID ROTHSTEIN SENIOR PRINCIPAL 40.00 X 141855 0 20948 KAITLIN PLAT SENIOR PRINCIPAL 40.00 X 145898 0 15553 FERNANDA VILLASENOR PRINCIPAL 40.00 X 108104 0 13705 1493599 0 157422 8 0 1 0 ALLEGIANCE GROUP 3064 49TH STREET SOUTH FARGO ND 58104 DIGITAL AD CAMPAIGNS, WEBSITE DESIGN 253043 URBAN INSTITUTE 500 LENFANT PLAZA SW WASHINGTON DC 20024 PROGRAM EVALUATION 196053 SOLIANT CONSULTING INC 14 N PEORIA STE 2H CHICAGO IL 60607 DATABASE AND WEBSITE DESIGN AND MAINTENA 175095 HILL KNOWLTON STRATEGIES 3 COLUMBUS CIRCLE NEW YORK NY 10019 GRAPHIC DESIGN, MEDIA PITCHING ASSISTANC 123149 4 7183300 7183300 REGISTRATION FEES 900099 12300 12300 CONSULTING INCOME 541610 4500 4500 16800 420253 420253 MISCELLANEOUS INCOME 900099 8241 8241 8241 7628594 16800 0 428494 2742998 2742998 1080301 569457 273523 237321 2109342 1653094 225013 231235 93322 73675 8933 10714 302847 216019 41645 45183 236742 165863 36254 34625 442 190 252 135522 135522 217790 57520 160222 48 183686 180154 1466 2066 108033 93598 7616 6819 339667 314363 22397 2907 351960 247749 53139 51072 272034 246949 20023 5062 55180 39545 7649 7986 SITE VISITS AND CONVENI 725023 715116 8703 1204 OTHER PROGRAM EXPENSES 720840 720840 RESEARCH AND EVALUATION 634169 634169 PAYROLL PROCESSING FEES 49009 49009 40077 30527 5914 3636 10398984 8701826 1057280 639878 367219 332732 21082712 15517005 7433000 8382000 74180 62469 1728457 1303761 575022 424696 163677 2503585 29695810 27222487 401846 884348 4363964 1746112 212601 2410006 4978411 5040466 X 2727548 3875381 21989851 18306640 24717399 22182021 29695810 27222487 X -2770390 235012 X 0 1 X 1 0 X 10568500 13681000 7922989 27212000 7183300 66567789 10568500 13681000 7922989 27212000 7183300 66567789 52641310 13926479 128289 131299 56455 37330 420253 773626 16404 6130 1160 8527 8241 40462 67381877 16800 0.20670 0.20740 X PART II, SECTION C, LINE 17A, FACTS AND CIRCUMSTANCES TEST: THE CFE FUND WAS ESTABLISHED TO HELP LOCAL GOVERNMENTS BUILD PROGRAMS AND STRATEGIES TO SUPPORT HOUSEHOLD FINANCIAL STABILITY. THE CFE FUND QUALIFIES AS A PUBLICLY SUPPORTED CHARITY DESCRIBED IN INTERNAL REVENUE CODE SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI) BECAUSE IT MEETS THE 10% FACTS AND CIRCUMSTANCES TEST SET FORTH IN TREASURY REGULATION SECTION 1.170A-9(F)(3) FOR THE 2022 TAX YEAR. THE CFE FUND HAS A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC AND COMMUNITY. THE CFE FUND BUILDS RELATIONSHIPS WITH A WIDE RANGE OF FOUNDATIONS, CORPORATIONS, AND NON-PROFIT ORGANIZATIONS INTERESTED IN IMPROVING THE FINANCIAL STABILITY OF HOUSEHOLDS AND COMMUNITIES WITH LOW- AND MODERATE-INCOMES. THESE ENTITIES OFTEN INVITE THE CFE FUND TO APPLY FOR FUNDS, AND THE CFE FUND ALSO SUBMITS UNSOLICITED PROPOSALS TO SIMILAR ENTITIES. THE CFE FUND'S 76 DIFFERENT SOURCES OF SUPPORT INCLUDE NATIONAL, REGIONAL, AND FAMILY FOUNDATIONS, FINANCIAL INSTITUTIONS INVOLVED IN CONSUMER BANKING AND INSURANCE, AND NON-PROFIT ORGANIZATIONS SUCH AS LIVING CITIES (THE NATIONAL COMMUNITY DEVELOPMENT INITIATIVE). IN ITS FIRST FIVE YEARS OF OPERATION AS A 501(C)3 ORGANIZATION, PUBLIC SUPPORT EQUALED FROM 47.94% TO 34.67% OF THE TOTAL SUPPORT RECEIVED BY THE CFE FUND. FOR THE 2022 TAXABLE YEAR, THE CFE FUND HAS A PUBLIC SUPPORT PERCENTAGE OF 20.67%. THE CFE FUND IS GOVERNED BY A BOARD OF DIRECTORS THAT INCLUDES ELECTED OFFICIALS AND OTHER INDIVIDUALS WHO ARE PROMINENT MEMBERS OF THE FINANCIAL EMPOWERMENT COMMUNITY AND HAVE SPECIAL KNOWLEDGE OF AND SIGNIFICANT EXPERTISE IN FINANCIAL EMPOWERMENT AND LOCAL GOVERNMENT STRATEGIES AND OPERATIONS. THE CFE FUND'S ENTIRE AND CONTINUOUS OPERATIONS ARE DEDICATED TO BUILDING AND ENHANCING SERVICES THAT BENEFIT THE GENERAL PUBLIC. ITS SUMMER JOBS CONNECT PROGRAM HAS CONNECTED 1 MILLION YOUNG PEOPLE IN 41 CITIES TO FINANCIAL EDUCATION, SUPPORTING THEIR CAREER AND PERSONAL DEVELOPMENT. ITS BANK ON INITIATIVE HAS INSPIRED OVER 440 FINANCIAL INSTITUTIONS TO OFFER SAFE AND AFFORDABLE TRANSACTION ACCOUNTS THAT HAVE REACHED OVER 15 MILLION PEOPLE, PROTECTING THEM FROM OVERDRAFT FEES AND GIVING THEM A FOUNDATION FOR FUTURE ASSET BUILDING. ITS FINANCIAL EMPOWERMENT CENTER INITIATIVE HAS PROVIDED FREE PROFESSIONAL FINANCIAL COUNSELING TO OVER 158,000 PEOPLE, HELPING THEM SAVE OVER $49 MILLION AND REDUCE DEBT BY OVER $243 MILLION. DURING THE HEIGHT OF THE ECONOMIC DISRUPTION CAUSED BY THE COVID-19 PANDEMIC, ITS FINANCIAL NAVIGATORS PROGRAM CONNECTED PEOPLE TO OVER 190,000 RESOURCES THROUGH OVER 24,000 PHONE CALLS IN 31 CITIES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 171143 59899 111244 111878 52589 59289 1445436 1191273 254163 424696 SECURITY DEPOSIT 313885 SUBGRANT CANCELLATIONS RECEIVABLE 3470 OPERATING LEASE RIGHT-OF-USE ASSET 2186230 2503585 OPERATING LEASE LIABILITY 2410006 2410006 8215186 285861 300731 586592 7628594 0 7628594 10750564 285861 65719 351580 10398984 0 10398984 PART XII, LINE 2D - OTHER ADJUSTMENTS: GRANTS REISSUED FROM RETURN OF RESTRICTED GRANT FUNDING 65,719. 1 CITY OF DETROIT 2 WOODWARD AVENUE SUITE 1126 DETROIT MI 48226 386004606 10000 0 EXPANDING AND SUPPORTING THE CAPACITY OF A LOCAL BANK ON COALITION CITY OF CHARLESTON SC 75 CALHOUN STREET SUITE 3700 CHARLESTON SC 29403 576000226 25000 0 EXPANDING AND SUPPORTING THE CAPACITY OF A LOCAL BANK ON COALITION URBAN ECONOMIC DEVELOPMENT ASSOCIATION OF WISCONSIN(UEDA) 1915 NORTH DR MARTIN LUTHER KING DRIVE 260 MILWAUKEE WI 53212 391893799 501(C)3 25000 0 EXPANDING AND SUPPORTING THE CAPACITY OF A LOCAL BANK ON COALITION UNITED WAY OF GREATER ST LOUIS 910 NORTH ELEVENTH STREET SAINT LOUIS MO 63101 430714167 501(C)3 25000 0 EXPANDING AND SUPPORTING THE CAPACITY OF A LOCAL BANK ON COALITION UNITED WAY OF SUNCOAST 5201 WEST KENNEDY BOULDEVARD SUITE 600 TAMPA FL 33609 593725701 501(C)3 25000 0 EXPANDING AND SUPPORTING THE CAPACITY OF A LOCAL BANK ON COALITION NEIGHBORHOOD ALLIES 429 FOURTH AVENUE SUITE 1900 PITTSBURGH PA 15219 251578436 501(C)3 25000 0 EXPANDING AND SUPPORTING THE CAPACITY OF A LOCAL BANK ON COALITION LOUISVILLE METRO GOVERNMENT OFFICE OF RESILIENCE AND COMMUNITY SERVICES 701 WEST ORMSBY AVENUE SUI LOUISVILLE KY 40203 320049006 25000 0 EXPANDING AND SUPPORTING THE CAPACITY OF A LOCAL BANK ON COALITION CHES INC 3125 GILLHAM PLAZA KANSAS CITY MO 64109 273693233 501(C)3 25000 0 EXPANDING AND SUPPORTING THE CAPACITY OF A LOCAL BANK ON COALITION UNITED WAY OF THE GREATER LEHIGH VALLEY 1110 AMERICAN PARKWAY ALLENTOWN PA 18109 232657933 501(C)3 25000 0 EXPANDING AND SUPPORTING THE CAPACITY OF A LOCAL BANK ON COALITION COVENANT COMMUNITY CAPITAL 3300 LYONS AVENUE SUITE 203 HOUSTON TX 77020 760573676 501(C)3 20000 0 EXPANDING AND SUPPORTING THE CAPACITY OF A LOCAL BANK ON COALITION BALTIMORE CITY FOUNDATION 1 NORTH CHARLES STREET SUITE 1600 BALTIMORE MD 21201 521212473 501(C)3 75000 0 CONVENING STAKEHOLDERS AND CREATING A MUNICIPAL FINANCIAL EMPOWERMENT BLUEPRINT CITY OF CLEVELAND 601 LAKESIDE AVENUE ROOM 227 CLEVELAND OH 44114 346000646 75000 0 CONVENING STAKEHOLDERS AND CREATING A MUNICIPAL FINANCIAL EMPOWERMENT BLUEPRINT CITY OF MONROE LA 400 LEA JOYNER EXPRESSWAY MONROE LA 71201 726000903 75000 0 CONVENING STAKEHOLDERS AND CREATING A MUNICIPAL FINANCIAL EMPOWERMENT BLUEPRINT COMMUNITY FOUNDATION OF NEW JERSEY 35 KNOX HILL ROAD MORRISTOWN NJ 07960 222281783 501(C)3 75000 0 CONVENING STAKEHOLDERS AND CREATING A MUNICIPAL FINANCIAL EMPOWERMENT BLUEPRINT CITY OF NORFOLK VA 501A BOUSH STREET NORFOLK VA 23510 546001455 75000 0 CONVENING STAKEHOLDERS AND CREATING A MUNICIPAL FINANCIAL EMPOWERMENT BLUEPRINT CITY OF ROCKY MOUNT NC 331 S FRANKLIN ST ROCKY MOUNT NC 27804 566001323 75000 0 CONVENING STAKEHOLDERS AND CREATING A MUNICIPAL FINANCIAL EMPOWERMENT BLUEPRINT THE CITY OF SACRAMENTO 915 I STREET SACRAMENTO CA 95814 946000410 75000 0 CONVENING STAKEHOLDERS AND CREATING A MUNICIPAL FINANCIAL EMPOWERMENT BLUEPRINT LEON COUNTY GOVERNMENT FL 615 EAST PAUL RUSSELL ROAD TALLAHASSEE FL 32301 596000708 75000 0 CONVENING STAKEHOLDERS AND CREATING A MUNICIPAL FINANCIAL EMPOWERMENT BLUEPRINT CITY OF JACKSON TN 121 EAST MAIN STREET SUITE 203 JACKSON TN 38301 626000316 100000 0 LAUNCHING A LOCAL FINANCIAL EMPOWERMENT CENTER INITIATIVE LOUISVILLE METRO GOVERNMENT 701 WEST ORMSBY AVENUE SUITE 201 LOUISVILLE KY 40203 320049006 100000 0 LAUNCHING A LOCAL FINANCIAL EMPOWERMENT CENTER INITIATIVE WASHTENAW COUNTY 200 NORTH MAIN STREET SUITE 300 ANN ARBOR MI 48104 386004894 50000 0 LAUNCHING A LOCAL FINANCIAL EMPOWERMENT CENTER INITIATIVE CITY OF PUEBLO CO PO BOX 1427 PUEBLO CO 81002 846000615 150000 0 LAUNCHING A LOCAL FINANCIAL EMPOWERMENT CENTER INITIATIVE BALTIMORE CITY FOUNDATION 1 NORTH CHARLES STREET SUITE 1600 BALTIMORE MD 21201 521212473 501(C)3 100000 0 LAUNCHING A LOCAL FINANCIAL EMPOWERMENT CENTER INITIATIVE CITY OF TULSA 175 EAST SECOND STREET SUITE 1570 TULSA OK 74103 736005470 100000 0 LAUNCHING A LOCAL FINANCIAL EMPOWERMENT CENTER INITIATIVE CITY OF GAITHERSBURG 31 SOUTH SUMMIT AVENUE GAITHERSBURG MD 20877 526000792 100000 0 LAUNCHING A LOCAL FINANCIAL EMPOWERMENT CENTER INITIATIVE CITY OF AURORA 44 EAST DOWNER PLACE AURORA IL 60507 366005778 10000 0 STUDYING THE INTEGRATION OF FEC SERVICES INTO WORKFORCE DEVELOPMENT PROGRAMS CITY OF TULSA 175 EAST SECOND STREET SUITE 1570 TULSA OK 74103 736005470 10000 0 STUDYING THE INTEGRATION OF FEC SERVICES INTO WORKFORCE DEVELOPMENT PROGRAMS GREENVILLE COUNTY 301 UNIVERSITY RIDGE GREENVILLE SC 29601 576000356 65000 0 STUDYING THE INTEGRATION OF FEC SERVICES INTO WORKFORCE DEVELOPMENT PROGRAMS QUAD COUNTY URBAN LEAGUE 1685 NORTH FARNSWORTH AVE AURORA IL 60505 362882693 501(C)3 50000 0 STUDYING THE INTEGRATION OF FEC SERVICES INTO WORKFORCE DEVELOPMENT PROGRAMS GREENVILLE COUNTY WORKFORCE DEVELOPMENT BOARD 225 S PLEASANTBURG DRIVE SUITE C11 GREENVILLE SC 29607 576000356 25000 0 STUDYING THE INTEGRATION OF FEC SERVICES INTO WORKFORCE DEVELOPMENT PROGRAMS UPSTATE WORKFORCE BOARD PO BOX 5666 SPARTANBURG SC 29304 576000401 25000 0 STUDYING THE INTEGRATION OF FEC SERVICES INTO WORKFORCE DEVELOPMENT PROGRAMS MADISON STRATEGIES GROUP 907 SOUTH DETROIT AVENUE 210 TULSA OK 74120 272323749 501(C)3 50000 0 STUDYING THE INTEGRATION OF FEC SERVICES INTO WORKFORCE DEVELOPMENT PROGRAMS GOODWILL INDUSTRIES OF TULSA 2800 SOUTHWEST BOULEVARD TULSA OK 74107 730614297 501(C)3 50000 0 STUDYING THE INTEGRATION OF FEC SERVICES INTO WORKFORCE DEVELOPMENT PROGRAMS CITY OF CHARLOTTE NC 600 EAST TRADE STREET CHARLOTTE NC 28202 521333483 40000 0 ASSISTING RESIDENTS WITH CRITICAL FINANCIAL ISSUES RESULTING FROM COVID-19 ECONOMIC DISRUPTION CITY OF ALBUQUERQUE 1 CIVIC PLAZA NW ROOM 1080B PO BOX 17 ALBUQUERQUE NM 87102 856000102 100000 0 SUPPORTING A FULL-TIME LEADER TO PLAN A MUNICIPAL OFFICE OF FINANCIAL EMPOWERMENT CITY OF DALLAS 1500 MARILLA STREET 6BN DALLAS TX 75201 756000508 100000 0 SUPPORTING A FULL-TIME LEADER TO PLAN A MUNICIPAL OFFICE OF FINANCIAL EMPOWERMENT CITY OF GAITHERSBURG 31 SOUTH SUMMIT AVENUE GAITHERSBURG MD 20877 526000792 100000 0 SUPPORTING A FULL-TIME LEADER TO PLAN A MUNICIPAL OFFICE OF FINANCIAL EMPOWERMENT THE CITY OF SACRAMENTO 915 I STREET SACRAMENTO CA 95814 946000410 100000 0 SUPPORTING A FULL-TIME LEADER TO PLAN A MUNICIPAL OFFICE OF FINANCIAL EMPOWERMENT CITY OF SHREVEPORT PO BOX 31109 SHREVEPORT LA 71130 726001326 100000 0 SUPPORTING A FULL-TIME LEADER TO PLAN A MUNICIPAL OFFICE OF FINANCIAL EMPOWERMENT DETROIT EMPLOYMENT SOLUTION CORPORATION 440 EAST CONGRESS SUITE 400 DETROIT MI 48226 383353746 501(C)3 19000 0 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS DETROIT EMPLOYMENT SOLUTION CORPORATION 440 EAST CONGRESS SUITE 400 DETROIT MI 48226 383353746 501(C)3 63000 0 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS CONNECT DETROIT 613 ABBOTT STREET SUITE 310 DETROIT MI 48226 383570727 501(C)3 53000 0 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS ECONOMIC AWARENESS COUNCIL 703 SOUTH STOUGH STREET HINSDALE IL 60521 300158613 501(C)3 130000 0 IDENTIFYING AND IMPLEMENTING STRATEGIES TO CONNECT AT-RISK YOUTH TO BANKING CITY OF SAINT PAUL - DEPARTMENT OF PARKS AND RECREATION 25 WEST FOURTH STREET 400 CHA SAINT PAUL MN 55106 416005521 50000 0 IDENTIFYING AND IMPLEMENTING STRATEGIES TO CONNECT AT-RISK YOUTH TO BANKING GOODWILL INDUSTRIES OF NORTH FLORIDA 4527 LENOX AVENUE JACKSONVILLE FL 32205 590637858 501(C)3 70000 0 IDENTIFYING AND IMPLEMENTING STRATEGIES TO CONNECT AT-RISK YOUTH TO BANKING CITY OF MIAMI 444 SOUTHWEST SECOND AVENUE 5TH FLOOR MIAMI FL 33130 596000375 10000 0 IDENTIFYING AND IMPLEMENTING STRATEGIES TO CONNECT AT-RISK YOUTH TO BANKING MAYOR'S FUND TO ADVANCE NEW YORK CITY 253 BROADWAY 6TH FLOOR NEW YORK NY 10007 133783906 501(C)3 20000 0 IDENTIFYING AND IMPLEMENTING STRATEGIES TO CONNECT AT-RISK YOUTH TO BANKING CITY OF SAN JOSE 5730 CHAMBERTIN DRIVE SAN JOSE CA 95118 453156415 10000 0 IDENTIFYING AND IMPLEMENTING STRATEGIES TO CONNECT AT-RISK YOUTH TO BANKING CITY OF MADISON CITY OF MADISON TREASURER MADISON WI 53701 396005507 10000 0 IDENTIFYING AND IMPLEMENTING STRATEGIES TO CONNECT AT-RISK YOUTH TO BANKING COMMUNITY FOUNDATION OF NEW JERSEY 35 KNOX HILL ROAD MORRISTOWN NJ 07960 222281783 501(C)3 10000 0 IDENTIFYING AND IMPLEMENTING STRATEGIES TO CONNECT AT-RISK YOUTH TO BANKING ADJUSTMENT FOR GRANTS REISSUED FROM RETURN OF RESTRICTED GRANT FUNDING -65719 0 ADJUSTMENT FOR GRANTS REISSUED FROM RETURN OF RESTRICTED GRANT FUNDING 43 PART I, LINE 2: ALL GRANT AGREEMENTS CONTAIN THE GRANTEE'S BUDGET FOR HOW THEY PLAN TO USE GRANT FUNDS, AND LANGUAGE ON PROPER USE OF FUNDS. GRANTEES ARE REQUIRED TO SUBMIT FINAL REPORTS WITH ACCOUNTING OF FUNDS SPENT ALONG WITH NARRATIVE REPORTS OUTLINING PROGRAM OPERATIONS AND BENCHMARKING PERFORMANCE AGAINST GRANT GOALS. IN ADDITION, CFE FUND STAFF ENSURE THAT GRANTS ARE USED FOR INTENDED PURPOSES THROUGH REGULAR ACTIVITIES SUCH AS PHONE CALLS AND SITE VISITS, WHICH OFTEN INCLUDE FIELD VISITS TO OBSERVE PROGRAMMATIC OPERATIONS. X X X X X 0 0 0 0 0 0 0 0 0 JONATHAN MINTZ PRESIDENT AND CEO 384554 0 0 0 0 0 16365 0 66 0 400985 0 0 0 LISA NICOLLE GRIST CHIEF RESEARCH, EVALUATION & FINANCE 169264 0 0 0 0 0 10313 0 6618 0 186195 0 0 0 AMELIA ERWITT MANAGING DIRECTOR 220180 0 0 0 0 0 12389 0 20756 0 253325 0 0 0 TAMARA LINDSAY CHIEF OF STRATEGY 163247 0 0 0 0 0 9713 0 7153 0 180113 0 0 0 I-HSING SUN CHIEF PROGRAM OFFICER 160497 0 0 0 0 0 9876 0 13967 0 184340 0 0 0 DAVID ROTHSTEIN SENIOR PRINCIPAL 141855 0 0 0 0 0 0 0 20948 0 162803 0 0 0 KAITLIN PLAT SENIOR PRINCIPAL 145898 0 0 0 0 0 8400 0 7153 0 161451 0 0 0 LATIA CURRY PRINCIPAL AT RALLY SERVES AS A BOARD MEMBER OF CFE 149306 CFE CONTRACTED WITH RALLY TO CREATE A CFE BRAND AND POLICY PLATFORM 0 FORM 990, PART VI, SECTION A, LINE 4 IN JANUARY 2023 THE BOARD APPROVED MINOR GOVERNANCE CHANGES: A TECHNICAL CHANGE TO OUR CERTIFICATE OF INCORPORATION; EDITS TO OUR BY-LAWS TO CLARIFY BOARD STRUCTURE; AND UPDATES TO WHISTLE BLOWER AND CONFLICT OF INTEREST POLICIES. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT HELPED PREPARE AND CONDUCTED A DETAILED REVIEW OF THE FORM 990. A COPY OF THE FORM 990 IS SENT ELECTRONICALLY BY MANAGEMENT TO THE FULL BOARD OF DIRECTORS FOR REVIEW PRIOR TO ITS SUBMISSION TO THE IRS. IT IS SENT WITH A COVER MEMO HIGHLIGHTING KEY ITEMS. BOARD MEMBERS ARE INVITED TO REPLY ELECTRONICALLY WITH COMMENTS OR QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS SUBMIT ANNUAL DISCLOSURES; TO DATE THERE HAVE NOT BEEN ANY CONFLICTS TO MONITOR. FORM 990, PART VI, SECTION B, LINE 15 TO ESTABLISH THE CEO'S STARTING COMPENSATION, THE BOARD OF DIRECTORS ESTABLISHED A COMPENSATION COMMITTEE, WHICH CONSISTED OF THE THEN-4 INDEPENDENT MEMBERS. THE COMMITTEE CHAIR CONDUCTED A MARKET ANALYSIS AND THEN PRESENTED FINDINGS AND RECOMMENDATIONS TO THE REST OF THE COMMITTEE, WHO MET AND VOTED ON THE AMOUNT OF COMPENSATION FOR THE PRESIDENT AND CEO. IN SUBSEQUENT FISCAL YEARS, THE INDEPENDENT BOARD MEMBERS JOINTLY DETERMINE SALARY INCREASES FOR THE CEO, IF ANY, USING VARIOUS PROCESSES SUCH AS A FORMAL MARKET ANALYSIS, CEO PERFORMANCE FEEDBACK FROM RELEVANT STAKEHOLDERS, AND OTHER RELEVANT INPUT. THE BOARD OF DIRECTORS FORMALLY DELEGATES TO THE PRESIDENT AND CEO THE SETTING OF COMPENSATION FOR OTHER EMPLOYEES. PERIODICALLY, THE CFE FUND HIRES AN EXTERNAL FIRM TO REVIEW THE ORGANIZATION-WIDE COMPENSATION SCHEME, USING DETAILED COMPARABLES AND ANALYSIS. THE MOST RECENT ORGANIZATION-WIDE COMPENSATION REVIEW PROCESS WAS CONDUCTED IN 2023 AND WAS TRACKED BY THE BOARD TO THE CEO'S SALARY ADJUSTMENT. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE TO FUNDING ORGANIZATIONS UPON REQUEST. FORM 990, PART XI, LINE 9: RETURN OF RESTRICTED GRANT FUNDING 300,731. GRANTS REISSUED FROM RETURN OF RESTRICTED GRANT FUNDING -65,719.