LOW INCOME INVESTMENT FUND: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: LOW INCOME INVESTMENT FUND (EIN 94-2952578)
Tax period: 2022-07-01 to 2023-06-30
Filed: 2024-05-10
IRS object ID: 202401319349303775
Schema version: 2022v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule I
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-05-10T13:57:33-05:00	ReturnTs
Tax Period End	2023-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	420714325	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	RSM US LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	920 5TH AVENUE SUITE 2800	AddressLine1Txt
City	SEATTLE	CityNm
State Abbreviation	WA	StateAbbreviationCd
ZIP	98104	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2022-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	942952578	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LOW INCOME INVESTMENT FUND	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	LOWI	BusinessNameControlTxt
Phone	4154896102	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	49 STEVENSON ST SUITE 300	AddressLine1Txt
City	SAN FRANCISCO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94105	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	PANAGIOTA MAHENDRU	PersonNm
Person Title	EXECUTIVE VICE PRESIDENT & CFO	PersonTitleTxt
Phone	4154896102	PhoneNum
Signature	2024-05-07	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	PANAGIOTA	PersonFirstNm
Person Last	MAHENDRU	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	SUE ROBISON	PreparerPersonNm
PTIN	P00560072	PTIN
Phone	2062814444	PhoneNum
Preparation	2024-05-07	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	DANIEL NISSENBAUM	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	521 FIFTH AVE STE 625	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10175	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$112,379,206	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.LIIFUND.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1984	FormationYr
Legal Domicile State	CA	LegalDomicileStateCd
Activity Or Mission	HEADQUARTERED IN SAN FRANCISCO, WITH HIGHLY PRODUCTIVE LENDING OFFICES IN LOS ANGELES, NEW YORK, WASHINGTON, D.C., AND ATLANTA, LIIF SUPPORTS ORGANIZATIONS WORKING TO REVITALIZE LOW-INCOME NEIGHBORHOODS THROUGHOUT THE UNITED STATES. WITH A FOCUS ON RACIAL EQUITY, WE DEPLOY CAPITAL TO HIGH-IMPACT PROJECTS, INCLUDING AFFORDABLE HOUSING, EARLY CARE AND EDUCATION CENTERS, COMMUNITY FACILITIES, HEALTH CLINICS, AND HEALTHY FOOD STORES TO HELP BUILD COMMUNITIES OF OPPORTUNITY. AS LONG-STANDING RACIAL DISPARITIES CREATE BARRIERS TO QUALITY AFFORDABLE HOUSING, LIIF IS PRESERVING AND EXPANDING HOUSING OPTIONS TO INDIVIDUALS AND FAMILIES THROUGH CAPITAL SOLUTIONS, PROGRAMS, AND POLICY. TO DATE SINCE INCEPTION, LIIF HAS INVESTED OVER $3.5B IN COMMUNITIES SERVING 2.5M INDIVIDUALS. THIS REPRESENTS 100K AFFORDABLE HOUSING UNITS THAT WERE CREATED OR PRESERVED TO CREATE A LASTING IMPACT AND ADDRESS MARKET ECONOMIC UNCERTAINTIES.	ActivityOrMissionDesc
Voting Members Governing Body	14	VotingMembersGoverningBodyCnt
Voting Members Independent	13	VotingMembersIndependentCnt
Total Employee	155	TotalEmployeeCnt
Total Volunteers	13	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$27,936,162	PYContributionsGrantsAmt
CY Contributions Grants	$69,875,720	CYContributionsGrantsAmt
PY Program Service Revenue	$32,593,472	PYProgramServiceRevenueAmt
CY Program Service Revenue	$35,244,487	CYProgramServiceRevenueAmt
PY Investment Income	$576,978	PYInvestmentIncomeAmt
CY Investment Income	$2,505,695	CYInvestmentIncomeAmt
PY Other Revenue	$49,449	PYOtherRevenueAmt
CY Other Revenue	$326,798	CYOtherRevenueAmt
PY Total Revenue	$61,156,061	PYTotalRevenueAmt
CY Total Revenue	$107,952,700	CYTotalRevenueAmt
PY Grants And Similar Paid	$16,178,293	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$55,148,088	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$19,056,914	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$25,341,742	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$2,610,695	CYTotalFundraisingExpenseAmt
PY Other Expenses	$19,089,977	PYOtherExpensesAmt
CY Other Expenses	$22,420,301	CYOtherExpensesAmt
PY Total Expenses	$54,325,184	PYTotalExpensesAmt
CY Total Expenses	$102,910,131	CYTotalExpensesAmt
PY Revenues Less Expenses	$6,830,877	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$5,042,569	CYRevenuesLessExpensesAmt
Total Assets BOY	$578,280,279	TotalAssetsBOYAmt
Total Assets EOY	$642,654,206	TotalAssetsEOYAmt
Total Liabilities BOY	$420,250,602	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$486,280,091	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$158,029,677	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$156,374,115	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	SEE SCHEDULE O	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$59,797,160	ExpenseAmt
Grant	$51,585,854	GrantAmt
Revenue	$0	RevenueAmt
Desc	SEE SCHEDULE O	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$20,477,522	ExpenseAmt
Grant	$392,320	GrantAmt
Revenue	$35,571,285	RevenueAmt
Desc	SEE SCHEDULE O	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$8,034,528	ExpenseAmt
Grant	$3,169,914	GrantAmt
Revenue	$0	RevenueAmt
Desc	SEE SCHEDULE O	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$305,222	ExpenseAmt
Desc	NATIONAL POLICY: INCLUDES THE ACTIVITIES RELATED TO THE DESIGN AND IMPLEMENTATION OF ADVOCACY STRATEGIES TO ENSURE LIIF IS ACTIVE IN FEDERAL POLICY INITIATIVES RELEVANT TO ITS MAIN PROGRAMS.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$305,222	TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses	$88,614,432	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	Yes (1)	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	Yes (1)	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (1)	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	Yes (1)	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (1)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	Yes (1)	TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	439	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	155	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	14	GoverningBodyVotingMembersCnt
Independent Voting Member	13	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	WASSIA KAMON	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	4154896102	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	49 STEVENSON ST SUITE 300	AddressLine1Txt
City	SAN FRANCISCO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94105	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
REYMUNDO OCANAS
CHAIR	1.00	Yes (X)	Yes (X)	$0	$0	$0
RUSSELL BRUEMMER
SECRETARY	1.00	Yes (X)	Yes (X)	$0	$0	$0
DIONNE NELSON
TREASURER	1.00	Yes (X)		$0	$0	$0
MARGARET ANADU
DIRECTOR	1.00	Yes (X)		$0	$0	$0
TAWANNA BLACK
DIRECTOR	1.00	Yes (X)		$0	$0	$0
EILEEN FITZGERALD
DIRECTOR	1.00	Yes (X)		$0	$0	$0
DAVID FLEMING
DIRECTOR	1.00	Yes (X)		$0	$0	$0
DONNA GAMBRELL
DIRECTOR	1.00	Yes (X)		$0	$0	$0
CALVIN GLADNEY
DIRECTOR	1.00	Yes (X)		$0	$0	$0
WILLIAM C KELLY JR
DIRECTOR	1.00	Yes (X)		$0	$0	$0
CAROL NAUGHTON
DIRECTOR	1.00	Yes (X)		$0	$0	$0
JESSICA SAGER
DIRECTOR	1.00	Yes (X)		$0	$0	$0
MICHAEL SOLOMON
DIRECTOR	1.00	Yes (X)		$0	$0	$0
DANIEL NISSENBAUM
DIRECTOR & CEO	40.00	Yes (X)	Yes (X)	$715,566	$0	$69,329
KIMBERLY LATIMER-NELLIGAN
PRESIDENT	40.00		Yes (X)	$488,987	$0	$37,341
SABRINA BAPTISTE
CAO & SENIOR VP (UNTIL 1/26/23)	40.00		Yes (X)	$256,916	$0	$43,446
MARIA ARELLANO BAGLIERI
EVP & CHIEF STRATEGY OFFICER	40.00		Yes (X)	$291,982	$0	$33,750
PANAGIOTA MAHENDRU
CFO & EVP	40.00		Yes (X)	$266,381	$0	$30,759
DENISE NOEL
EVP & GENERAL COUNSEL	40.00		Yes (X)	$201,096	$0	$22,369
RACHEL L BLUESTEIN
SVP, CHIEF PROGRAM OFFICER	40.00			$312,099	$0	$65,765	Yes (X)
SUSAN HYMAN
SVP, CHIEF CREDIT OFFICER	40.00			$301,131	$0	$39,803	Yes (X)
STEPHANIE MCFADDEN
SVP, CHIEF LENDING OFFICER	40.00			$287,376	$0	$67,743	Yes (X)
KIRSTEN SHAW
VP, NORTHEAST & MID-ATLANTIC REGIONS	40.00			$273,092	$0	$11,989	Yes (X)
ANTOINETTE L KYLE
VP, SOUTHEAST REGION	40.00			$244,428	$0	$55,353	Yes (X)
ARTHUR FATUM
FORMER INTERIM CFO	40.00			$103,225	$0	$0		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$3,742,279	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$477,647	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	70	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (1)	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
XANTRION INC
651 THOMAS L BERKELEY WAY	OAKLAND	CA	94612	INFORMATION TECHNOLOGY SERVICES	$673,725
DIVERSANT LLC
331 NEWMAN SPRINGS RD BLDG 3 STE	RED BANK	NJ	07701	STAFFING SERVICES	$624,963
LHH RECRUITMENT SOLUTIONS
10151 DEERWOOD PARK BLVD 200-400	JACKSONVILLE	FL	606740051	STAFFING SERVICES	$520,191
THE BRIDGESPAN GROUP INC
2 COPLEY PLACE SUITE 3700B	BOSTON	MA	02116	CONSULTING	$512,750
RSM US LLP
5155 PAYSPHERE CIRCLE	CHICAGO	IL	606740051	ACCOUNTING CONSULTING FEES	$438,908

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	14	CntrctRcvdGreaterThan100KCnt
Related Organizations	$306,000	RelatedOrganizationsAmt
Government Grants	$63,120,651	GovernmentGrantsAmt
All Other Contributions	$6,449,069	AllOtherContributionsAmt
Total Contributions	$69,875,720	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INTEREST ON LOANS	525990	$26,052,605	$26,052,605
TECHNICAL ASSISTANCE	525990	$4,446,258	$4,446,258
LOAN ORIGINATION	525990	$2,340,429	$2,340,429
LOAN ASSET MANAGEMENT	525990	$1,444,521	$1,444,521
LOAN PACKAGING/SERVICE	525990	$960,674	$960,674

Field	Value	IRS element (for citing)
Total Program Service Revenue	$35,244,487	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,514,195	TotalRevenueColumnAmt
Exclusion	$2,514,195	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$81,692	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$81,692	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$81,692	TotalRevenueColumnAmt
Related Or Exempt Func Income	$81,692	RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$4,418,006	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$4,426,506	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	-$8,500	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$8,500	TotalRevenueColumnAmt
Exclusion	-$8,500	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	MISC. INCOME	Desc
Business	900099	BusinessCd
Total Revenue Column	$245,106	TotalRevenueColumnAmt
Related Or Exempt Func Income	$245,106	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$245,106	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$107,952,700	TotalRevenueColumnAmt
Related Or Exempt Func Income	$35,571,285	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$2,505,695	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$48,051,803	TotalAmt
Program Services	$48,051,803	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$7,096,285	TotalAmt
Program Services	$7,096,285	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$2,284,297	TotalAmt
Program Services	$831,778	ProgramServicesAmt
Management And General	$879,684	ManagementAndGeneralAmt
Fundraising	$572,835	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$103,225	TotalAmt
Management And General	$51,612	ManagementAndGeneralAmt
Fundraising	$51,613	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$16,959,219	TotalAmt
Program Services	$11,612,287	ProgramServicesAmt
Management And General	$4,427,055	ManagementAndGeneralAmt
Fundraising	$919,877	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$660,998	TotalAmt
Program Services	$383,605	ProgramServicesAmt
Management And General	$218,783	ManagementAndGeneralAmt
Fundraising	$58,610	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$4,016,395	TotalAmt
Program Services	$1,885,161	ProgramServicesAmt
Management And General	$1,808,324	ManagementAndGeneralAmt
Fundraising	$322,910	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$1,317,608	TotalAmt
Program Services	$848,498	ProgramServicesAmt
Management And General	$366,960	ManagementAndGeneralAmt
Fundraising	$102,150	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$344,795	TotalAmt
Program Services	$121,754	ProgramServicesAmt
Management And General	$223,041	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$375,623	TotalAmt
Program Services	$1,792	ProgramServicesAmt
Management And General	$373,153	ManagementAndGeneralAmt
Fundraising	$678	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$83,755	TotalAmt
Management And General	$83,755	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$3,576,199	TotalAmt
Program Services	$2,793,652	ProgramServicesAmt
Management And General	$588,419	ManagementAndGeneralAmt
Fundraising	$194,128	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,019,828	TotalAmt
Program Services	$416,420	ProgramServicesAmt
Management And General	$547,674	ManagementAndGeneralAmt
Fundraising	$55,734	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$1,696,636	TotalAmt
Program Services	$1,339,940	ProgramServicesAmt
Management And General	$206,963	ManagementAndGeneralAmt
Fundraising	$149,733	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$901,260	TotalAmt
Program Services	$281,864	ProgramServicesAmt
Management And General	$536,029	ManagementAndGeneralAmt
Fundraising	$83,367	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$95,275	TotalAmt
Program Services	$74,526	ProgramServicesAmt
Management And General	$15,737	ManagementAndGeneralAmt
Fundraising	$5,012	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$11,577,888	TotalAmt
Program Services	$11,577,888	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$356,428	TotalAmt
Program Services	$233,542	ProgramServicesAmt
Management And General	$95,912	ManagementAndGeneralAmt
Fundraising	$26,974	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
LICENSES AND FEES	$1,376,822	$709,556	$647,780	$19,486
OTHER FEES	$481,732	$268,274	$165,870	$47,588
PERSONNEL RECRUITMENT	$433,402	$85,807	$347,595
PAYROLL PROCESSING FEES	$100,658		$100,658

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$102,910,131	TotalAmt
Program Services	$88,614,432	ProgramServicesAmt
Management And General	$11,685,004	ManagementAndGeneralAmt
Fundraising	$2,610,695	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$29,760,754	BOYAmt
EOY	$4,114,646	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$73,945,034	BOYAmt
EOY	$56,037,392	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$12,465,195	BOYAmt
EOY	$39,574,021	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$2,433,869	BOYAmt
EOY	$1,338,714	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$424,849,513	BOYAmt
EOY	$506,652,207	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$1,149,720	BOYAmt
EOY	$1,372,654	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$2,387,569	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$1,074,573	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$1,517,755	BOYAmt
EOY	$1,312,996	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$13,962,524	BOYAmt
EOY	$14,224,332	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$3,728,012	BOYAmt
EOY	$4,117,902	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$3,940,560	BOYAmt
EOY	$3,940,560	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$10,527,343	BOYAmt
EOY	$9,968,782	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$578,280,279	BOYAmt
EOY	$642,654,206	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$8,323,940	BOYAmt
EOY	$11,460,843	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$7,848,811	BOYAmt
EOY	$2,630,955	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$7,749,806	BOYAmt
EOY	$6,403,807	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$379,842,528	BOYAmt
EOY	$449,239,100	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$16,485,517	BOYAmt
EOY	$16,545,386	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$420,250,602	BOYAmt
EOY	$486,280,091	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$100,165,243	BOYAmt
EOY	$102,140,810	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$57,864,434	BOYAmt
EOY	$54,233,305	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$158,029,677	BOYAmt
EOY	$156,374,115	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$578,280,279	BOYAmt
EOY	$642,654,206	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$5,042,569	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$594,454	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$6,103,677	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$16,612,436	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$30,313,162	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$55,012,696	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$27,936,162	CurrentTaxYearMinus1YearAmt
Current Tax Year	$69,875,720	CurrentTaxYearAmt
Total	$199,750,176	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$16,612,436	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$30,313,162	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$55,012,696	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$27,936,162	CurrentTaxYearMinus1YearAmt
Current Tax Year	$69,875,720	CurrentTaxYearAmt
Total	$199,750,176	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$10,090,533	SubstantialContributorsTotAmt
Public Support Total170	$189,659,643	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,249,567	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$973,034	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$451,699	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$577,374	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,514,195	CurrentTaxYearAmt
Total	$5,765,869	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$205,516,045	TotalSupportAmt
Gross Receipts Rltd Activities	$165,671,708	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.92280	PublicSupportCY170Pct
Public Support PY170	0.85160	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbyingGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$0	FilingOrganizationsTotalAmt

Total Direct Lobbying TotalDirectLobbyingGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$40,973	FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$40,973	FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$102,869,458	FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$102,910,431	FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$1,000,000	FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$250,000	FilingOrganizationsTotalAmt

Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$0	FilingOrganizationsTotalAmt

Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$0	FilingOrganizationsTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

Field	Value	IRS element (for citing)
Current Year Minus3	$1,000,000	CurrentYearMinus3Amt
Current Year Minus2	$1,000,000	CurrentYearMinus2Amt
Current Year Minus1	$1,000,000	CurrentYearMinus1Amt
Current Year	$1,000,000	CurrentYearAmt
Total	$4,000,000	TotalAmt

Field	Value	IRS element (for citing)
Lobbying Ceiling	$6,000,000	LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

Field	Value	IRS element (for citing)
Current Year Minus3	$81,079	CurrentYearMinus3Amt
Current Year Minus2	$84,392	CurrentYearMinus2Amt
Current Year Minus1	$71,364	CurrentYearMinus1Amt
Current Year	$40,973	CurrentYearAmt
Total	$277,808	TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

Field	Value	IRS element (for citing)
Current Year Minus3	$250,000	CurrentYearMinus3Amt
Current Year Minus2	$250,000	CurrentYearMinus2Amt
Current Year Minus1	$250,000	CurrentYearMinus1Amt
Current Year	$250,000	CurrentYearAmt
Total	$1,000,000	TotalAmt

Field	Value	IRS element (for citing)
Grassroots Ceiling	$1,500,000	GrassrootsCeilingAmt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Agent Trustee Etc	0	AgentTrusteeEtcInd
Incl Escrow Custodial Acct Liab	Yes (1)	InclEscrowCustodialAcctLiabInd
Explanation Provided	Yes (X)	ExplanationProvidedInd

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$912,613	OtherCostOrOtherBasisAmt
Depreciation	$253,101	DepreciationAmt
Book Value	$659,512	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,474,956	OtherCostOrOtherBasisAmt
Depreciation	$821,472	DepreciationAmt
Book Value	$653,484	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$1,312,996	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDesc	AmtAmt
INTEREST PAYABLE	$2,536,472
LEASE LIABILITY	$8,196,894
REPAYABLE GRANTS AND AGENCY OBLIGATIONS	$5,812,020

Field	Value	IRS element (for citing)
Total Liability	$16,545,386	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$89,592,926	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$594,454	NetUnrealizedGainsInvstAmt
Other Revenue	-$17,681,565	OtherRevenueAmt
Revenue Not Reported	-$18,276,019	RevenueNotReportedAmt
Revenue Subtotal	$107,868,945	RevenueSubtotalAmt
Investment Expenses Not Incld	$83,755	InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt	$83,755	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$107,952,700	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$91,248,788	TotExpnsEtcAuditedFinclStmtAmt
Prior Year Adjustments	$300	PriorYearAdjustmentsAmt
Other Expenses Included	-$11,577,888	OtherExpensesIncludedAmt
Expenses Not Reported	-$11,577,588	ExpensesNotReportedAmt
Expenses Subtotal	$102,826,376	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$83,755	InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt	$83,755	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$102,910,131	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART IV, LINE 2B:	FUNDS HELD IN TRUST INCLUDES CASH PROVIDED BY BORROWERS AND FUNDERS TO COVER ANTICIPATED DRAWS AND CERTAIN OPERATIONS EXPENSES ASSOCIATED WITH LOAN PARTICIPATIONS.
PART X, LINE 2:	LIIF IS A NONPROFIT ORGANIZATION THAT HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AND THE CALIFORNIA FRANCHISE TAX BOARD AS AN ORGANIZATION THAT IS EXEMPT FROM FEDERAL INCOME TAX ON ITS INCOME OTHER THAN UNRELATED BUSINESS INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) UNDER THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY. IN ADDITION, LIIF HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE UNDER SECTION 170 OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION THAT IS ELIGIBLE TO RECEIVE TAX-DEDUCTIBLE CONTRIBUTIONS. LIIF HAS ACCOUNTED FOR THE UNCERTAINTY IN INCOME TAXES AS REQUIRED BY THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION (ASC). LIIF USES A COMPREHENSIVE MODEL FOR RECOGNIZING, MEASURING, PRESENTING AND DISCLOSING IN THE FINANCIAL STATEMENTS TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. A TAX POSITION IS RECOGNIZED AS A BENEFIT ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50 PERCENT LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE "MORE LIKELY THAN NOT" TEST, NO TAX BENEFIT IS RECORDED. THE EFFECT OF APPLYING THIS MODEL AND THE RESULTING IDENTIFICATION OF UNCERTAIN TAX POSITIONS, IF ANY, WERE NOT CONSIDERED SIGNIFICANT FOR FINANCIAL REPORTING PURPOSES AND ARE NOT ANTICIPATED TO CHANGE IN THE 12 MONTHS FOLLOWING JUNE 30, 2023. DURING THE YEARS ENDED JUNE 30, 2023 AND 2022, LIIF RECOGNIZED NO INTEREST OR PENALTIES ASSOCIATED WITH UNRECOGNIZED TAX BENEFITS. LIIF IS SUBJECT TO THE FILING OF U.S. FEDERAL, NEW YORK, AND CALIFORNIA INFORMATIONAL RETURNS. FEDERAL AND NEW YORK RETURNS FOR YEARS ENDED JUNE 30, 2020 THROUGH JUNE 30, 2023, AND CALIFORNIA RETURNS FOR YEARS ENDED JUNE 30, 2019 THROUGH JUNE 30, 2023, ARE CURRENTLY OPEN FOR POTENTIAL FEDERAL AND STATE EXAMINATION. LIIF HAS FOR-PROFIT SUBSIDIARY ENTITIES THAT ARE SUBJECT TO THE FILING OF LIMITED LIABILITY CORPORATION TAX RETURNS WHICH MAY INCLUDE U.S. FEDERAL, NEW YORK, AND CALIFORNIA JURISDICTIONS. DURING THE YEARS ENDED JUNE 30, 2023 AND 2022, THESE SUBSIDIARY ENTITIES RECOGNIZED NO INTEREST OR PENALTIES ASSOCIATED WITH UNRECOGNIZED TAX BENEFITS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	INTEREST EXPENSE RECLASSIFICATION -11,577,888. PROVISION FOR LOAN LOSS -6,103,677.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	INTEREST EXPENSE RECLASSIFICATION -11,577,888.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (139 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Non Cash AssistanceNonCashAssistanceAmt	Purpose Of GrantPurposeOfGrantTxt	Address Line2USAddress/AddressLine2Txt
WU YEE CHILDREN'S SERVICES
827 BROADWAY STREET 2/F	SAN FRANCISCO	CA	94133	942387002	501 (C)(3)	$6,396,800	$0	RENOVATION & REPAIR
YOUNG MEN'S CHRISTIAN ASSOCIATION OF SF (YMCA)
ATTN LINDA GRIFFITH 169 STEUART	SAN FRANCISCO	CA	94105	940997140	501 (C)(3)	$3,000,000	$0	CAPITAL NEW DEVELOPMENT	STREET
KIDS ARE PEOPLE TOO CDC
4315 NANNIE HELEN BURROUGHS AVE NE	WASHINGTON	DC	20019	371525179		$2,376,527	$0	BACK TO WORK GRANT
FELTON INSTITUTE
1005 ATLANTIC AVE	ALAMEDA	CA	94501	941156530	501 (C)(3)	$2,100,000	$0	RENOVATION & REPAIR
UNITED PLANNING ORGANIZATION
301 RHODE ISLAND AVE NW	WASHINGTON	DC	20001	520788987	501 (C)(3)	$1,500,937	$0	BACK TO WORK GRANT
MISSION NEIGHBORHOOD CENTERS INC
362 CAPP STREET	SAN FRANCISCO	CA	94110	941408150	501 (C)(3)	$1,500,000	$0	CAPITAL NEW DEVELOPMENT
GROWTH SPURTS CHILD LEARNING CENTER LLC
1802 D STREET NE	WASHINGTON	DC	20002	811858385		$1,223,908	$0	BACK TO WORK GRANT
GATARI CHILD DEVELOPMENT CENTER
2628 BLADENSBURG ROAD NE	WASHINGTON	DC	20018	475423991	501 (C)(3)	$1,083,033	$0	BACK TO WORK GRANT
SUNSHINE EARLY LEARNING CENTER
4224 6TH STREET SE	WASHINGTON	DC	20032	521575370		$1,067,487	$0	BACK TO WORK GRANT
FIRST ROCK BAPTIST CHURCH CHILD DEVELOPMENT CENTER
4638 H ST SE	WASHINGTON	DC	20019	521278326	501 (C)(3)	$1,045,624	$0	BACK TO WORK GRANT
SUKARNO GLORY CHILDCARE DEVELOPMENT CENTER
2323 PENNSYLVANIA AVE SE	WASHINGTON	DC	20020	832039073	501 (C)(3)	$1,037,984	$0	BACK TO WORK GRANT
CHILDREN'S HUT LLC
510 KENNEDY ST NW	WASHINGTON	DC	20011	113830425		$1,030,978	$0	BACK TO WORK GRANT
THE HAPPY KIDS LEARNING CENTER
3233 PENNSYLVANIA AVE SE	WASHINGTON	DC	20020	475156921		$1,028,327	$0	BACK TO WORK GRANT
MANA BILINGUAL CHILD DEVELOPMENT CENTER
5511 COLORADO AVE NW	WASHINGTON	DC	20011	271772450		$921,480	$0	BACK TO WORK GRANT
ST ALBAN'S EARLY CHILDHOOD CENTER
4404 WISCONSIN AVE NW	WASHINGTON	DC	20016	520960722	501 (C)(3)	$671,371	$0	STABILIZATION GRANT
KIDS' CORNER DAY CARE CENTER
2200 CALIFORNIA ST NW	WASHINGTON	DC	20008	571160557	501 (C)(3)	$637,691	$0	BACK TO WORK GRANT
EASTER SEALS SERVING MDDCVA
1420 SPRING ST	SILVER SPRING	MD	20910	530212296	501 (C)(3)	$632,000	$0	EXPANSION GRANT
MOTHER MIRACLE LLC
5903 ONONDAGA RD	BETHESDA	MD	20816	872865313		$600,000	$0	BACK TO WORK GRANT
BENNETT BABIES INC
700 MONROE STREET NE	WASHINGTON	DC	20017	710951608		$560,190	$0	BACK TO WORK GRANT
KINGDOM KIDS CDC
508 P ST NW	WASHINGTON	DC	20001	521206792	501 (C)(3)	$555,622	$0	BACK TO WORK GRANT
TUCKER'S DAY CARE
3215 11TH PLACE SE	WASHINGTON	DC	20032	521975739		$550,390	$0	BACK TO WORK GRANT
EPIPHANY CENTER
ATTN MARY RHOADES 100 MASONIC	SAN FRANCISCO	CA	94118	942384035	501 (C)(3)	$537,880	$0	CAPITAL NEW DEVELOPMENT	AVENUE
KAI MING INC
933 HOWARD STREET	SAN FRANCISCO	CA	94103	510137847	501 (C)(3)	$523,800	$0	RENOVATION & REPAIR
MILESTONES ENRICHMENT CENTER INC
308 COMPTON AVE	LAUREL	MD	20707	522292980		$515,831	$0	BACK TO WORK GRANT
GROWING SEEDS CDC
3800 14TH ST NW B-2	WASHINGTON	DC	20011	522142357	501 (C)(3)	$515,518	$0	BACK TO WORK GRANT
APPLE TREE CHILDREN CENTER
1096 HOWARD STREET	SAN FRANCISCO	CA	94103	821532907		$500,000	$0	CAPITAL NEW DEVELOPMENT
CREATIVE MINDS CHILD CARE II LLC
1323 E STREET SE	WASHINGTON	DC	20003	884265522		$500,000	$0	EXPANSION GRANT
COMMUNIKIDS PRESCHOOL LLC
4729 WISCONSIN AVE NW	WASHINGTON	DC	20016	264288621		$500,000	$0	EXPANSION GRANT
MANLEY SCIENCE AND TECHNOLOGY CENTER
4628 H ST SE	WASHINGTON	DC	20019	452842170		$486,283	$0	BACK TO WORK GRANT
CHILDREN IN SAFE HANDS
5216 ASTOR PLACE SE	WASHINGTON	DC	20019	821628791		$443,000	$0	EXPANSION GRANT
ANORA GOLDRING
3414 18TH STREET NE	WASHINGTON	DC	20018	873802565		$429,277	$0	BACK TO WORK GRANT
GETANEH EARLY LEARNING CENTER LLC
6135 GEORGIA AVENUE NW	WASHINGTON	DC	20011	844093577		$417,000	$0	EXPANSION GRANT
THE LEARNING CURVE CDC III
6226 3RD ST NW	WASHINGTON	DC	20011	854299463		$411,228	$0	BACK TO WORK GRANT
CURIOUS EXPLORERS CENTERS LLC LLC
470 14TH ST NW	WASHINGTON	DC	20011	861717456		$410,623	$0	BACK TO WORK GRANT
THE LEARNING CURVE CDC LLC
2490 ALABAMA AVE SE	WASHINGTON	DC	20020	813705208		$409,868	$0	BACK TO WORK GRANT
MERIAM ACADEMY
704 KENNEDY STREET NW	WASHINGTON	DC	20011	472167675		$407,339	$0	BACK TO WORK GRANT
THE LEARNING CURVE CDC IV LLC
6234 3RD ST NW	WASHINGTON	DC	20011	861566227		$404,960	$0	BACK TO WORK GRANT
C5 CHILDREN'S SCHOOL
ATTN BEVERLY MELUGIN 455 GOLDEN	SAN FRANCISCO	CA	94102	942975386		$400,650	$0	RENOVATION & REPAIR	GATE AVE
TONE
2234 LAMAR AVE	MEMPHIS	TN	38114	320460234	501 (C)(3)	$377,500	$0	CAPITAL GRANT
PRESERVATION OF AFFORDABLE HOUSING INC
2 OLIVER ST SUITE 500	BOSTON	MA	02109	311616634	501 (C)(3)	$372,500	$0	CAPITAL GRANT
HATCH WORKSPACE 4001 BRANDYWINE LLC
4001 BRANDYWINE AVE NW	WASHINGTON	DC	20016	822102180		$361,000	$0	EXPANSION GRANT
NORTHERN CALIFORNIA LAND TRUST
3120 SHATTUCK AVE	BERKELEY	CA	94705	237380534	501 (C)(3)	$320,000	$0	CAPITAL GRANT
FRIENDS OF ST FRANCIS CHILD CARE CENTER INC
50 BELCHER ST	SAN FRANCISCO	CA	94114	942680092		$313,835	$0	RENOVATION & REPAIR
MISSION KIDS
969 TREAT AVE	SAN FRANCISCO	CA	94110	205809720		$302,240	$0	RENOVATION & REPAIR
GROVE PARK RENEWAL INC
1566 DONALD LEE HOLLOWELL PKWY NW	ATLANTA	GA	30318	832483067		$300,000	$0	CAPITAL GRANT	STE 101
THE GUILD COLLECTIVE LLC
1803 DANCING FOX ROAD	DECATUR	GA	30032	820970601		$300,000	$0	CAPITAL GRANT
DISTRICT MONTESSORI
530 7TH STREET SE	WASHINGTON	DC	20003	475456011	501 (C)(3)	$300,000	$0	EXPANSION GRANT
HAPPY FACES EARLY LEARNING ACADEMY
4301 GARDEN CITY DR STE 400	HYATTSVILLE	MD	20785	815102834		$300,000	$0	EXPANSION GRANT
OAKLAND COMMUNITY LAND TRUST
101 BORADWAY SUITE 310	OAKLAND	CA	94607	320285788	501 (C)(3)	$284,000	$0	RECOVERABLE GRANT
AMPLIFY GR
1480 KALAMAZOO AVE SE	GRAND RAPIDS	MI	49507	824122848	501 (C)(3)	$250,000	$0	CAPITAL GRANT
FREEDOM WEST HOMES CORPORATION
820 MCALLISTER STREET	SAN FRANCISCO	CA	94102	942281900		$250,000	$0	CAPITAL GRANT
DE COLORES LEARNING CENTER INC
6230 3RD STREET NW SUITE 14	WASHINGTON	DC	20011	260696897		$244,273	$0	EXPANSION GRANT
GAP COMMUNITY CHILD DEVELOPMENT CENTER
209 UPSHUR ST NW	WASHINGTON	DC	20011	521265163		$240,000	$0	EXPANSION GRANT
FAMILY CONNECTIONS CENTERS
2565 SAN BRUNO AVENUE	SAN FRANCISCO	CA	94134	943213689	501 (C)(3)	$234,025	$0	RENOVATION & REPAIR
BRIGHT START CHILDCARE LLC
5707 14TH ST NW	WASHINGTON	DC	20011	364647101		$230,000	$0	EXPANSION GRANT
BAMBINI PLAY&LEARN CHILD DEVELOPMENT CENTERS INC
712 H ST NE PMB 91794	WASHINGTON	DC	20002	813776209		$200,000	$0	EXPANSION GRANT
TELEGRAPH HILL NEIGHBORHOOD CENTER
660 LOMBARD STREET	SAN FRANCISCO	CA	94133	941167422	501 (C)(3)	$196,000	$0	RENOVATION & REPAIR
EDWARD C MAZIQUE PARENT CHILD CENTER INC
1719 13TH ST NW	WASHINGTON	DC	20009	520968193	501 (C)(3)	$193,000	$0	STABILIZATION GRANT
CURIOUS EXPLORERS HOME DAYCARE1
5732 13TH ST NW	WASHINGTON	DC	20011	920765586		$178,666	$0	BACK TO WORK GRANT
REDHEAD LAUGH LEARN AND PLAY CHILDCARE
5041 KIMI GRAY CT SE	WASHINGTON	DC	20019	842632041		$177,443	$0	BACK TO WORK GRANT
EMERGENT PREPARATORY ACADEMY
3609 BONHOEFFER DR	BOWIE	MD	20721	030593873		$177,330	$0	STABILIZATION GRANT
GOOD SAMARITAN FAMILY RESOURCE CENTER OF SF
1294 POTRERO AVENUE	SAN FRANCISCO	CA	94110	943154078		$168,000	$0	RENOVATION & REPAIR
LITTLE ROBLES IN THE SUNSET
1319 20TH AVE	SAN FRANCISCO	CA	94122	874050151		$157,500	$0	RENOVATION & REPAIR
PATRICIA'S 23 HOUR CARE
1519 25TH ST SE	WASHINGTON	DC	20020	800596691		$152,420	$0	BACK TO WORK GRANT
FUTURE STARS EARLY LEARNING CENTER
4980 JUST STREET NE	WASHINGTON	DC	20019	874579120		$151,937	$0	BACK TO WORK GRANT
TINY TOTS CHILDCARE DEVELOPMENT HOME LLC
2419 17TH STREET SE	WASHINGTON	DC	20020	800148878		$151,789	$0	BACK TO WORK GRANT
BANANA FANA PRESCHOOL
2701 FOLSOM STREET	SAN FRANCISCO	CA	94110	862978150	501 (C)(3)	$140,000	$0	RENOVATION & REPAIR
SOUTH CITY FOUNDATION
900 BATES STREET UNIT 3	TALLAHASSEE	FL	32301	473323694	501 (C)(3)	$137,629	$0	EQT LOAN
LOVE AND CARE CHILD DEVELOPMENT CENTER INC
330 KENNEDY STREET NW	WASHINGTON	DC	20011	412059696		$123,153	$0	STABILIZATION GRANT
HEIGHTS COMMUNITY DEVELOPMENT CORPORATION
PO BOX 221042	MEMPHIS	TN	38122	813066683	501 (C)(3)	$110,685	$0	CAPITAL GRANT
PRIMROSE SCHOOL AT THE PARKS DC
4850 RUGBY AVE APT 404	BETHESDA	MD	20814	843172811		$110,616	$0	STABILIZATION GRANT
PARENTCHILDPLUS INC
242 WEST 30TH STREET SUITE 1100	NEW YORK	NY	10001	112495601	501 (C)(3)	$110,000	$0	TEACHING ASSISTANT HUB GRANT
RAMAPO FOR CHILDREN INC
49 WEST 38TH STREET 5TH FLOOR	NEW YORK	NY	10018	135600422	501 (C)(3)	$110,000	$0	TEACHING ASSISTANT HUB GRANT
ALL OUR KIN INC
PO BOX 8477	NEW HAVEN	CT	065300477	061539280		$110,000	$0	TEACHING ASSISTANT HUB GRANT
CENTER FOR TRANSFORMING COMMUNITIES
258 N MERTON ST	MEMPHIS	TN	38112	621769933	501 (C)(3)	$108,250	$0	CAPITAL GRANT
URBAN OASIS DEVELOPMENT LLC
52 HELENA AVE	ATLANTA	GA	30314	822297332		$100,000	$0	CAPITAL GRANT
FACES SF (FAMILY & CHILD EMPOWERMENT SRVCS)
1101 MASONIC AVENUE	SAN FRANCISCO	CA	94117	941637699	501 (C)(3)	$100,000	$0	RENOVATION & REPAIR
BRIGHT BEGINNING CHILDCARE
240 COTTER STREET	SAN FRANCISCO	CA	94112	922180708		$91,880	$0	RENOVATION & REPAIR
HONGS CHILDCARE 612 LLC
612 LISBON ST	SAN FRANCISCO	CA	94112	921566070		$91,640	$0	RENOVATION & REPAIR
TOMORROW'S PROMISE LEARNING CENTER
2450 N ST NW SUITE 100	WASHINGTON	DC	20037	880625760		$83,000	$0	STABILIZATION GRANT
EMBASSY ROW CHILD DEVELOPMENT CTR
3855 MASSACHUSETTS AVE NW	WASHINGTON	DC	20016	815128772		$80,512	$0	STABILIZATION GRANT
CALIFORNIA COMMUNITY FOUNDATION
221 S FIGUEROA ST SUITE 400	LOS ANGELES	CA	90012	953510055	501 (C)(3)	$80,000	$0	CAPITAL GRANT
THE CHICAGO COMMUNITY TRUST
ATTN MARLY SCHOTT 225 NORTH	CHICAGO	IL	60601	362167000	501 (C)(3)	$80,000	$0	CAPITAL GRANT	MICHIGAN AVENUE SUITE 2200
THE SAN FRANCISCO FOUNDATION
ONE EMBARCADERO CENTER SUITE 1400	SAN FRANCISCO	CA	94111	010679337	501 (C)(3)	$80,000	$0	CAPITAL GRANT
ATLANTA REGIONAL COMMISSION
ATTN MARISA GHANI 40 COURTLAND	ATLANTA	GA	30303	586002324	GOVERNMENT	$80,000	$0	CAPITAL GRANT	STREET
SUNNY FAMILY CHILD CARE & PRESCHOOL
3162 SAN JOSE AVE	SAN FRANCISCO	CA	94112	852783279		$73,619	$0	RENOVATION & REPAIR
REGGIO'S TREEHOUSE
45 L ST NE	WASHINGTON	DC	20002	823521951		$73,027	$0	STABILIZATION GRANT
REACH FOR THE STARS CHILD DEVELOPMENT INC
1256 PARK PLACE	BROOKLYN	NY	11213	743048404		$68,300	$0	RENOVATION & REPAIR
PALISADES MONTESSORI LLC
5104 MACARTHUR BLVD NW	WASHINGTON	DC	20016	462360881		$67,500	$0	EXPANSION GRANT
BARBARA CHAMBERS CHILDREN'S CENTER
1470 IRVING STREET NW	WASHINGTON	DC	20010	520965477	501 (C)(3)	$61,873	$0	STABILIZATION GRANT
2 NEW HEIGHTS LLC
6207 BLAIR RD NW	WASHINGTON	DC	20011	043820905		$61,167	$0	STABILIZATION GRANT
STEM PRESCHOOL
3120 SOUTH ABINGDON ST	ARLINGTON	VA	22206	465468510		$58,329	$0	STABILIZATION GRANT
BROADCASTERS' CHILD DEVELOPMENT CENTER INC
4200 WISCONSIN AVE NW SUITE LL-01	WASHINGTON	DC	20016	521197310	501 (C)(3)	$58,005	$0	STABILIZATION GRANT
GROW AND GROW CHILD DEVELOPMENT HOME
4235 FORT DUPONT TER SE	WASHINGTON	DC	20020	921094428		$57,000	$0	EXPANSION GRANT
ARIA WALSH ENTERPRISES INC
1209 PALOU AVENUE	SAN FRANCISCO	CA	94124	871027880		$51,910	$0	RENOVATION & REPAIR
BAMBINI PLAY & LEARN AT FEDERAL TRIANGLE
712 H ST NE PMB 91794	WASHINGTON	DC	20002	813784489		$51,000	$0	STABILIZATION GRANT
ESTRADAS FAMILY PRESCHOOL LLC
251 MADRID ST	SAN FRANCISCO	CA	94112	880782153		$47,688	$0	RENOVATION & REPAIR
THE GODDARD SCHOOL
910 7TH ST SW	WASHINGTON	DC	20024	831099407		$47,000	$0	STABILIZATION GRANT
TEMPLE SINAI NURSERY SCHOOL
3100 MILITARY RD NW	WASHINGTON	DC	20015	530231513	501 (C)(3)	$46,223	$0	STABILIZATION GRANT
SEMILLITAS EARLY LEARNING CENTER
2100 NEW HAMPSHIRE AVE NW	WASHINGTON	DC	20009	833399119		$43,188	$0	STABILIZATION GRANT
DAVID'S STARS CHILD DEVELOPMENT CENTER
2711 ONTARIO ROAD NW	WASHINGTON	DC	20009	454055786		$42,919	$0	STABILIZATION GRANT
BAMBINI PLAY & LEARN AT GOLDEN TRIANGLE LLC
712 H ST NE PMB 91794	WASHINGTON	DC	20002	823768638		$37,653	$0	STABILIZATION GRANT
WASHINGTON ACADEMY PRESCHOOL
3960 2ND ST SW	WASHINGTON	DC	20032	851777282		$37,311	$0	STABILIZATION GRANT
CATHOLIC CHARITIES OF THE ARCHDIOCESE OF WASHINGTO
924 G STREET NW	WASHINGTON	DC	20001	530196524		$34,901	$0	STABILIZATION GRANT
GEORGETOWN UNIVERSITY
37TH AND O STS NW	WASHINGTON	DC	20057	530196603	501 (C)(3)	$34,538	$0	STABILIZATION GRANT
HAPPY FAMILY PRESCHOOL & DAYCARE INC
134 JULES AVE	SAN FRANCISCO	CA	94112	923708169		$33,482	$0	RENOVATION & REPAIR
HOUSE OF RUTH
5 THOMAS CIRCLE 4TH FLOOR	WASHINGTON	DC	20005	521054102	501 (C)(3)	$33,000	$0	STABILIZATION GRANT
BAMBINI PLAY & LEARN DAY CARE CENTER LLC
712 H ST NE PMB 91794	WASHINGTON	DC	20002	275069626		$33,000	$0	STABILIZATION GRANT
DIKI DISCOVERY CENTER INC
30-16 37TH STREET	ASTORIA	NY	11103	453413701		$32,730	$0	RENOVATION & REPAIR
US KIDS CHILD DEVELOPMENT CENTER INC
1800 F ST NW	WASHINGTON	DC	20405	521697132		$32,379	$0	STABILIZATION GRANT
URBAN GREEN LLC
1717 PENNSYLVANIA AVENUE SUITE 1025	WASHINGTON	DC	20006	452513093		$32,320	$0	BDCI GRANT
NEWLEN EARLY CHILDHOOD SCHOOL READINESS CENTER
9404 SHIELD DRIVE	UPPER MARLBORO	MD	20772	844075585		$30,932	$0	STABILIZATION GRANT
KIDDIE UNIVERSITY H ST
806 H ST NE	WASHINGTON	DC	20002	812805529		$30,300	$0	STABILIZATION GRANT
GARRISON FOR VETERANS
4708 SHALLOW RIDGE ROAD	KENNESAW	GA	30144	074749346		$30,000	$0	BDCI GRANT
BRIGHTER FUTURE FOUNDATION
3810 POWHATAN ROAD	HYATTSVILLE	MD	20782	824396658	501 (C)(3)	$30,000	$0	EXPANSION GRANT
JUBILEE JUMPSTART
2525 ONTARIO RD NW GROUND FLOOR	WASHINGTON	DC	20009	202700607		$29,823	$0	STABILIZATION GRANT
SMILEY BABY FAMILY CHILDCARE INC
475 HAMILTON ST	SAN FRANCISCO	CA	94134	882251111		$28,776	$0	RENOVATION & REPAIR
HAPPY FACE FAMILY PRESCHOOL INC
631 HEARST AVENUE	SAN FRANCISCO	CA	94112	822665336		$28,742	$0	RENOVATION & REPAIR
INCLUSIVE ACTION FOR THE CITY
2900 EAST CESAR E CHAVEZ AVE	LOS ANGELES	CA	90033	270584116	501 (C)(3)	$28,250	$0	CAPITAL GRANT
THE CHICAGO COMMUNITY FOUNDATION
225 N MICHIGAN AVE SUITE 2200	CHICAGO	IL	60601	363432023	501 (C)(3)	$28,250	$0	CAPITAL GRANT
TIDES CENTER
PO BOX 889385	LOS ANGELES	CA	900889385	943213100	501 (C)(3)	$28,250	$0	CAPITAL GRANT
LIA'S RAINBOW LLC
4428 ORD ST NE	WASHINGTON	DC	20019	320370494		$26,015	$0	STABILIZATION GRANT
APEX BUILDING GROUP
86 MAIN STREET SUITE 401	YONKERS	NY	10701	461848550		$25,000	$0	BDCI GRANT
BEECHWOOD RESIDENTIAL
3613 PERKINS ROAD SUITE C	BATON ROUGE	LA	70808	275567096		$25,000	$0	BDCI GRANT
NORTHERN REAL ESTATE URBAN VENTURES
1401 NEW YORK AVENUE NE SUITE 546	WASHINGTON	DC	20002	043650425		$25,000	$0	BDCI GRANT
HURLEY & ASSOCIATES LLC
6316 OXON HILL RD SUITE 761	OXON HILL	MD	20750	455081922		$24,694	$0	RENOVATION & REPAIR
SOLES MONTESSORI CHILD DEVELOPMENT LLC
4101 9TH ST NW	WASHINGTON	DC	20011	853773841		$23,428	$0	STABILIZATION GRANT
JUST US KIDS CHILD DEVELOPMENT CENTER
625 INDIANA AVE	WASHINGTON	DC	20004	521733421		$20,054	$0	STABILIZATION GRANT
KIDDIE UNIVERSITY CAPITOL HILL
728 F ST NE	WASHINGTON	DC	20002	475598412		$18,740	$0	STABILIZATION GRANT
CIDITTY KIDDIE CORPORATION
1747 SEWARD AVE	BRONX	NY	10473	262557941		$17,300	$0	RENOVATION & REPAIR
DIKI DAYCARE CENTER INC
30-81 STEINWAY ST	ASTORIA	NY	11103	421683591		$15,542	$0	RENOVATION & REPAIR
LA BAMBA PRESCHOOL CDC INC
80 MINERVA STREET	SAN FRANCISCO	CA	94112	922114379		$15,094	$0	RENOVATION & REPAIR
ROOTS ACTIVITY LEARNING CENTER INC
6222 NORTH CAPITOL ST NW	WASHINGTON	DC	20011	521098206		$14,000	$0	STABILIZATION GRANT
CHANTELLE'S QUALITY CHILD CARE CENTER INC
4221 7TH ST NW	WASHINGTON	DC	20011	043812323		$12,324	$0	STABILIZATION GRANT
PARAMOUNT CHILD DEVELOPMENT CENTER
3924 4TH ST SE	WASHINGTON	DC	20032	161723677		$11,300	$0	STABILIZATION GRANT
TRUSTING HANDS CHILD DEVELOPMENT CENTER
7750 16TH ST NW	WASHINGTON	DC	20012	900865434		$10,000	$0	STABILIZATION GRANT
LEARNING CURVE CDC IV (THE)
6234 3RD ST NW	WASHINGTON	DC	20011	861566227		$9,920	$0	STABILIZATION GRANT
BABY EINSTEIN CHILD DEVELOPMENT CENTER
1225 GOOD HOPE RD SE	WASHINGTON	DC	20020	320377323		$9,122	$0	STABILIZATION GRANT
OUR SPECIAL PLACE INC
226 CAPITOL AVE	SAN FRANCISCO	CA	94112	844167311		$8,857	$0	RENOVATION & REPAIR

Field	Value	IRS element (for citing)
Total501c3 Org	45	Total501c3OrgCnt
Total Other Org	97	TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (8 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt
ADVISORY COMMITTEE GRANT	15	$28,600
BACK TO WORK	22	$3,091,220
CLIMATE MICRO GRANT	1	$5,000
EXPANSION GRANT	5	$417,000
POLICY GRANT	1	$25,000
RENOVATION & REPAIR GRANT	61	$3,305,614
STABILIZATION GRANT	15	$206,466
TA HUB GRANT	3	$17,385

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	LIIF RECEIVES SIGNED CONTRACTS FROM GRANTEES PRIOR TO RELEASING GRANT FUNDS. THE CONTRACTS SPELL OUT THE SPECIFIC USE OF FUNDS. LIIF EMPLOYEES FOLLOW UP WITH GRANTEES TO VERIFY PROPER USE OF FUNDS. THE MAJORITY OF OUR GRANTS ARE MADE FROM PASS-THROUGH GRANT FUNDS FOR WHICH LIIF HAS REPORTING OBLIGATIONS BACK TO THE ORIGINAL GRANTOR.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Club Dues Or Fees	Yes (X)	ClubDuesOrFeesInd
Written Policy Ref T And E Expnss	Yes (1)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Independent Consultant	Yes (X)	IndependentConsultantInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	Yes (1)	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DANIEL NISSENBAUM
DIRECTOR & CEO	$515,566	$0	$200,000	$0	$0	$0	$12,200	$0	$57,129	$0	$784,895	$0	$0	$0
KIMBERLY LATIMER-NELLIGAN
PRESIDENT	$378,987	$0	$110,000	$0	$0	$0	$12,200	$0	$25,141	$0	$526,328	$0	$0	$0
RACHEL L BLUESTEIN
SVP, CHIEF PROGRAM OFFICER	$238,295	$0	$73,804	$0	$0	$0	$12,200	$0	$53,565	$0	$377,864	$0	$0	$0
STEPHANIE MCFADDEN
SVP, CHIEF LENDING OFFICER	$239,376	$0	$48,000	$0	$0	$0	$11,688	$0	$56,055	$0	$355,119	$0	$0	$0
SUSAN HYMAN
SVP, CHIEF CREDIT OFFICER	$249,431	$0	$51,700	$0	$0	$0	$12,173	$0	$27,630	$0	$340,934	$0	$0	$0
MARIA ARELLANO BAGLIERI
EVP & CHIEF STRATEGY OFFICER	$246,982	$0	$45,000	$0	$0	$0	$10,649	$0	$23,101	$0	$325,732	$0	$0	$0
SABRINA BAPTISTE
CAO & SENIOR VP (UNTIL 1/26/23)	$241,916	$0	$15,000	$0	$0	$0	$10,474	$0	$32,972	$0	$300,362	$0	$0	$0
ANTOINETTE L KYLE
VP, SOUTHEAST REGION	$203,428	$0	$41,000	$0	$0	$0	$9,889	$0	$45,464	$0	$299,781	$0	$0	$0
PANAGIOTA MAHENDRU
CFO & EVP	$256,381	$0	$10,000	$0	$0	$0	$10,354	$0	$20,405	$0	$297,140	$0	$0	$0
KIRSTEN SHAW
VP, NORTHEAST & MID-ATLANTIC REGIONS	$228,520	$0	$44,572	$0	$0	$0	$10,924	$0	$1,065	$0	$285,081	$0	$0	$0
DENISE NOEL
EVP & GENERAL COUNSEL	$196,096	$0	$5,000	$0	$0	$0	$8,144	$0	$14,225	$0	$223,465	$0	$0	$0
ARTHUR FATUM
FORMER INTERIM CFO	$103,225	$0	$0	$0	$0	$0	$0	$0	$0	$0	$103,225	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 1A	LIIF REIMBURSES EMPLOYEES FOR HEALTH CLUB MEMBERSHIPS UP TO A MONTHLY CAP AMOUNT OF $50. THIS BENEFIT IS INCLUDED IN EACH EMPLOYEE'S TAXABLE COMPENSATION.
PART I, LINE 7	A BONUS POOL IS ESTABLISHED FOR EACH FISCAL YEAR. EACH EMPLOYEE IS ELIGIBLE FOR A BONUS AT A FIXED PERCENTAGE. MANAGEMENT MAY PROVIDE ADDITIONAL BONUS COMPENSATION AT THE DISCRETION OF THE BOARD.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART III, LINE 1 - ORGANIZATION'S MISSION	OUR MISSION AND VISION: EVERYONE IN THE UNITED STATES SHOULD BENEFIT FROM LIVING IN A COMMUNITY OF OPPORTUNITY, EQUITY AND WELL-BEING. LIIF MOBILIZES CAPITAL AND PARTNERS TO ACHIEVE THIS VISION FOR PEOPLE AND COMMUNITIES. COMMUNITIES OF OPPORTUNITY, EQUITY AND WELL-BEING: WE BELIEVE THAT A COMMUNITY OF OPPORTUNITY, EQUITY AND WELL-BEING PROVIDES ITS RESIDENTS AFFORDABLE HOUSING, HIGH-QUALITY EDUCATIONAL OPPORTUNITIES, THE ABILITY TO LIVE HEALTHY AND ACTIVE LIVES AND GOOD JOBS. THESE COMMUNITIES FOSTER A SENSE OF BELONGING, VALUE CIVIC ENGAGEMENT AND PROMOTE EQUITY AND JUSTICE. LIIF IS HEADQUARTERED IN SAN FRANCISCO, WITH OFFICES IN LOS ANGELES, NEW YORK CITY, ATLANTA, AND WASHINGTON D.C.
FORM 990, PART III, LINE 4A:	EARLY CARE AND EDUCATION (ECE) PROGRAM: QUALITY ECE ENABLES PARENTS TO WORK OR ATTEND SCHOOL WITHOUT WORRY FOR THEIR CHILDREN'S WELL-BEING, AND PROVIDES CHILDREN WITH A STRONG START ON THE SKILLS NECESSARY FOR FUTURE SUCCESS IN SCHOOL AND IN LIFE. LIIF LAUNCHED ITS ECE PROGRAM IN 1998, OFFERING LOANS, GRANTS, AND TECHNICAL ASSISTANCE TO SUPPORT THE DEVELOPMENT OF HIGH QUALITY CHILD CARE SLOTS FOR LOW INCOME FAMILIES. SINCE THE PROGRAM'S INCEPTION, LIIF HAS PROVIDED TRAININGS AND WORKSHOPS ON THE DEVELOPMENT AND FINANCING OF CHILD CARE FACILITIES AND ONE-ON-ONE TECHNICAL ASSISTANCE TO PROVIDERS. IN ADDITION, LIIF HAS OFFERED MILLIONS OF DOLLARS IN LOANS AND PLANNING GRANTS. LIIF'S ECE PROGRAM CURRENTLY FOCUSES ITS EFFORTS IN CALIFORNIA, WASHINGTON DC, AND NEW YORK CITY. IN 2023, LIIF PROVIDED MORE THAN 6,475 HOURS OF SPECIALIZED TECHNICAL ASSISTANCE AND $147.3 MILLION IN GRANTS TO 1,799 ECE PROGRAMS TO PRESERVE AND ENHANCE 41.4K CHILD CARE SLOTS IN LOW INCOME COMMUNITIES"
FORM 990, PART III, LINE 4B:	LENDING ACTIVITIES: LIIF EMPLOYS A LENDING STRATEGY THAT ADVANCES EQUITY, OPPORTUNITY AND WELL BEING FOR PEOPLE AND COMMUNITIES. LIIF'S STRATEGY CENTERS RACIAL EQUITY AND FOCUSES ON PRIORITY PROGRAMS AREAS--AFFORDABLE HOUSING, EARLY CARE AND EDUCATION, K-12 EDUCATION, AND HEALTH. THESE PROGRAMS ARE SUPPORTED BY LIIF'S FEDERAL POLICY PRESENCE THAT WORKS TO PRESERVE AND MAINTAIN COMMUNITY CAPITAL PROGRAMS. LIIF USES INNOVATIVE STRATEGIES TO ATTRACT PRIVATE CAPITAL TO AREAS WITH UNDERSERVED COMMUNITIES THAT WOULD OTHERWISE BE OUT OF REACH. SINCE INCEPTION, WE HAVE PROVIDED OVER $3.4 BILLION TO PROJECTS SERVING LOW INCOME INDIVIDUALS AND FAMILIES, AND THESE INVESTMENTS HAVE LEVERAGED $15.5 BILLION IN OTHER CAPITAL INVESTMENTS. LIIF'S WORK SUPPORTS THOSE MOST IN NEED. OF THE 2.5 MILLION PEOPLE SERVED THROUGH LIIF'S FINANCING AND TECHNICAL ASSISTANCE, 97% HAVE BEEN LOW INCOME. LIIF'S FLEXIBLE AND AFFORDABLE CAPITAL FILLS A GAP FOR COMMUNITY DEVELOPMENT ORGANIZATIONS THAT ARE UNABLE TO CONSISTENTLY ACCESS LOANS FROM TRADITIONAL FINANCIAL INSTITUTIONS. LIIF MAKES DIRECT LOANS THROUGH ITS REVOLVING LOAN FUND ("RLF") AND OTHER LOAN FUNDS. LIIF ALSO UNDERWRITES AND PACKAGES LOANS ACQUIRED BY BANKS, OTHER INTERMEDIARIES AND CONVENTIONAL LENDERS THROUGH INNOVATIVE PROGRAM-SPECIFIC FUNDS TO SUPPORT COMMUNITY DEVELOPMENT ORGANIZATIONS ACROSS THE NATION. AFFORDABLE HOUSING IS THE CORNERSTONE OF LIIF'S WORK, COMPRISING NEARLY HALF OF THE ORGANIZATION'S HISTORICAL ACTIVITY. SINCE ITS INCEPTION, LIIF HAS INVESTED MORE THAN $1.6 BILLION TO SUPPORT THE DEVELOPMENT OF 97,186 UNITS OF AFFORDABLE HOUSING. AVAILABILITY OF AFFORDABLE HOUSING IS VITAL IN CREATING A FOUNDATION FOR COMMUNITY REVITALIZATION AND FAMILY STABILITY, LINKED, AS IT IS, TO EMPLOYMENT, WAGE GAINS, EDUCATIONAL ATTAINMENT, AND IMPROVED HEALTH FOR POOR FAMILIES. EDUCATION IS A KEY COMPONENT IN ENHANCING OPPORTUNITIES FOR ECONOMIC MOBILITY AND ASSET GROWTH FOR LOW INCOME HOUSEHOLDS. LIIF LAUNCHED ITS EDUCATION PROGRAM IN 1998, AND CURRENTLY FOCUSES ON HELPING CHARTER SCHOOLS BRING QUALITY EDUCATIONAL OPPORTUNITIES TO UNDERSERVED, DISTRESSED COMMUNITIES. LIIF'S EDUCATION PROGRAM USES A THREE-PRONGED APPROACH TO ACHIEVE ITS GOALS: PROVIDING DIRECT FINANCING FOR SCHOOLS, LEVERAGING THIRD-PARTY CAPITAL FOR SCHOOLS, AND BUILDING THE CAPACITY OF SCHOOL DEVELOPERS AND THE EDUCATION SYSTEM. LIIF HAS INVESTED $796 MILLION IN THE DEVELOPMENT OF 111,046 SEATS AT QUALITY CHARTER SCHOOLS. LIIF COMPLEMENTS ITS LOANS WITH THOROUGH, TIME-INTENSIVE TECHNICAL ASSISTANCE ("TA"). LIIF'S TA GUIDES ORGANIZATIONS THROUGH REAL ESTATE DEVELOPMENT, HELPING THEM DEVELOP AND SUSTAIN THEIR FINANCIAL STABILITY TO ENSURE PRUDENT PLANNING AND MANAGEMENT OF THEIR FINANCIAL OBLIGATIONS, AND ULTIMATELY ENABLING THESE COMMUNITY BORROWERS TO READY THEIR ORGANIZATIONS TO APPROACH CONVENTIONAL LENDERS.
FORM 990, PART III, LINE 4C:	OTHER DEVELOPMENT SERVICES INCLUDES THE GROWING DIVERSE HOUSING DEVELOPERS (GDHD) WHICH SUPPORTS THE GROWTH OF BIPOC-LED AFFORDABLE HOUSING DEVELOPERS ACROSS THE NATION, WITH A FOCUS ON CALIFORNIA, GEORGIA, TEXAS, NEW YORK CITY, PHILADELPHIA, AND WASHINGTON, DC. THE PROGRAM OFFERS INNOVATING LENDING SOLUTIONS, CAPACITY BUILDING, A COMMUNITY OF PRACTICE, AND ENTERPRISE-LEVEL GRANTS TO SUPPORT DEVELOPERS' GROWTH. GDHD IS A PARTNERSHIP WITH CAPITAL IMPACT PARTNERS/MOMENTUS CAPITAL AND THE REINVESTMENT FUND, WITH FUNDING SUPPORT PROVIDED BY WELLS FARGO. SINCE 2020, LIIF AND PURPOSE BUILT COMMUNITIES NETWORK HAVE PARTNERED TO SUPPORT NETWORK MEMBERS' PROGRESS IN THEIR HOLISTIC COMMUNITY REDEVELOPMENT PLANS BY PROVIDING ACCESS TO RESOURCES THROUGH A SUITE OF CAPITAL TOOLS PAIRED WITH TECHNICAL ASSISTANCE. LIIF ALSO COLLABORATES WITH PURPOSE BUILT COMMUNITIES TO STRENGTHEN THEIR EARLY CARE AND EDUCATION STRATEGY, AND TO PROVIDE NETWORK MEMBERS IN SEVERAL GEORGIA COMMUNITIES WITH RESOURCES, TRAINING, AND STRATEGIC SUPPORT. FUNDERS AND INVESTORS INCLUDE THE GEORGIA POWER FOUNDATION, THE JPMORGAN CHASE FOUNDATION, AND THE TRUIST FOUNDATION. THE STRONG, PROSPEROUS, AND RESILIENT COMMUNITIES CHALLENGE (SPARCC), WHICH RAN FROM 2017 TO 2022, FOCUSED ON COMMUNITY DEVELOPMENT IN ATLANTA, THE SAN FRANCISCO BAY AREA, CHICAGO, DENVER, LOS ANGELES, AND MEMPHIS. SPARCC PROVIDED DEBT CAPITAL, FLEXIBLE GRANT FUNDING, TECHNICAL ASSISTANCE, POLICY AND INFLUENCE WORK, AND A COMMUNITY OF PRACTICE TO SUPPORT INNOVATIVE SOLUTIONS THAT ADVANCED RACIAL EQUITY, HEALTH OUTCOMES, AND CLIMATE RESILIENCE. SPARCC WAS A PARTNERSHIP WITH ENTERPRISE COMMUNITY PARTNERS, THE NATURAL RESOURCES DEFENSE COUNCIL, AND MULTIPLE COMMUNITY-BASED ORGANIZATIONS. FUNDERS INCLUDED THE BALLMER GROUP, THE FORD FOUNDATION, THE JPB FOUNDATION, THE KRESGE FOUNDATION, THE ROBERT WOOD JOHNSON FOUNDATION, AND THE CALIFORNIA ENDOWMENT.
FORM 990, PART VI, SECTION B, LINE 11B	RSM US LLP AND THE LIIF WORK TOGETHER IN GATHERING THE REQUIRED TAX INFORMATION NECESSARY TO COMPLETE THE TAX RETURNS. THE INITIAL DRAFT RETURNS ARE REVIEWED BY RSM AND LIIF WITH RECOMMENDED CHANGES REFLECTED IN THE RETURNS BEFORE SUBMITTING TO LIIF'S AUDIT COMMITTEE FOR APPROVAL A COPY OF THE TAX RETURN IS THEN PROVIDED TO THE BOARD OF DIRECTORS, THE ORGANIZATION'S GOVERNING BODY, TO REVIEW, AND TO PROVIDE COMMENTS BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12C	UPON HIRING ALL EMPLOYEES ARE PROVIDED WITH THE EMPLOYEE HANDBOOK, WHICH DOCUMENTS THE CONFLICT OF INTEREST POLICY, AND ARE ASKED TO ACKNOWLEDGE RECEIPT OF THE HANDBOOK. ALL EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO IMMEDIATELY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS. MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO CONDUCT ANNUAL CONFLICT OF INTEREST SURVEYS IDENTIFYING POTENTIAL CONFLICTS. THE RESULTS OF THESE SURVEYS ARE REVIEWED BY LIIF'S OFFICE OF GENERAL COUNSEL TO ENSURE THEY ARE AWARE OF AND CAN MITIGATE POTENTIAL CONFLICTS THAT MAY ARISE DURING THE YEAR. DIRECTORS ARE ALSO REQUIRED TO DISCLOSE ANY CONFLICTS THAT MAY ARISE AT THE START OF EVERY BOARD MEETING. ANY EMPLOYEE OR BOARD MEMBER MUST RECUSE THEMSELVES FROM DECISIONS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15	KEY EMPLOYEES, AS DEFINED BY IRS REGULATIONS AND INCLUDING THE CEO, ARE INCLUDED IN ANNUAL COMPENSATION REVIEW AND APPROVAL. AN OUTSIDE INDEPENDENT CONSULTANT CONDUCTS A REVIEW OF COMPARABLE DATA DRAWN FROM VARIOUS SOURCES INCLUDING INDUSTRY DATA AND COMPENSATION REPORTED BY SIMILAR ORGANIZATIONS, INCLUDING REVIEW OF FORM 990 FILINGS. THESE SUMMARIES ARE PRESENTED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS (COMPRISED OF INDEPENDENT DIRECTORS) WHICH IS RESPONSIBLE FOR REVIEWING COMPENSATION AND RECOMMENDING ADJUSTMENTS TO THE BOARD OF DIRECTORS WHO APPROVE THE ADJUSTMENTS. DELIBERATIONS AND DECISIONS ARE SUBSTANTIATED. THIS PROCESS WAS LAST UNDERTAKEN IN OCTOBER 2023.
FORM 990, PART VI, SECTION C, LINE 19	LIIF MAKES AVAILABLE TO THE PUBLIC ITS FINANCIAL STATEMENTS IN SUMMARY FORM THROUGH ITS ANNUAL REPORT, WHICH IS DISSEMINATED WIDELY AND AVAILABLE TO OTHERS UPON REQUEST. LIIF'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON IT'S WEBSITE. THE ORGANIZATION'S BY-LAWS, FORM 990 FILING, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). LIIF'S AUDIT COMMITTEE IS RESPONSIBLE FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS. THE PROCESS HAS BEEN CONSISTENT WITH PRIOR YEARS.
FORM 990, PART XI, LINE 9:	PROVISION FOR LOAN LOSS -6,103,677.
FORM 990, PART XII, LINE 2C	LIIF'S AUDIT COMMITTEE IS RESPONSIBLE FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS. THE PROCESS HAS BEEN CONSISTENT WITH PRIOR YEARS.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Total IncomeTotalIncomeAmt	End Of Year AssetsEndOfYearAssetsAmt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt
FOODCO LLC
49 STEVENSON ST SUITE 300	SAN FRANCISCO	CA	94105	942952578	LENDING	CA	$7,836	$1,018,833	LIIF
LIIF NEW MARKETS LLC
49 STEVENSON ST SUITE 300	SAN FRANCISCO	CA	94105	942952578	LENDING	DE	$1,216,697	$52,993	LIIF
LIIF REO I LLC
49 STEVENSON ST SUITE 300	SAN FRANCISCO	CA	94105	942952578	LENDING	CA	-$2,540	$0	LIIF
LIIF HOUSING INVESTMENTS LLC
49 STEVENSON ST SUITE 300	SAN FRANCISCO	CA	94105	942952578	LENDING	CA	-$300	$4,633,522	LIIF

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	NATIONAL AFFORDABLE HOUSING TRUST INC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2245 NORTH BANK DR STE 200	AddressLine1Txt
City	COLUMBUS	CityNm
State Abbreviation	OH	StateAbbreviationCd
ZIP	43220	ZIPCd

Field	Value	IRS element (for citing)
EIN	521450306	EIN
Primary Activities	LOW INCOME HOUSING	PrimaryActivitiesTxt
Legal Domicile State	MD	LegalDomicileStateCd
Exempt Code Section	501(C)(3)	ExemptCodeSectionTxt
Public Charity Status	LINE 10	PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	LIIF	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Controlled Organization	Yes (1)	ControlledOrganizationInd

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (5 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Predominant Income TypePredominantIncomeTypeTxt	Share Of Total IncomeShareOfTotalIncomeAmt	Disproportionate AllocationsDisproportionateAllocationsInd	General Or Managing PartnerGeneralOrManagingPartnerInd	OwnershipOwnershipPct	Share Of EOY AssetsShareOfEOYAssetsAmt
LIIF TOAH MEMBER LLC
49 STEVENSON ST STE 300	SAN FRANCISCO	CA	94105	275178180	HOUSING DEVELOPMENT	DE	LIIF	RELATED INCOME	$13,838	0	0	0.99990
GSAF LLC
49 STEVENSON ST STE 300	SAN FRANCISCO	CA	94105	455350755	LENDING	CA	LIIF	RELATED INCOME	$78,231	0	Yes (1)	0.25000	$12,675,874
MATCH LLC
49 STEVENSON ST STE 300	SAN FRANCISCO	CA	94105	822623689	LENDING	CA	LIIF	RELATED INCOME	$40,247	0	Yes (1)	0.33330	$2,943,072
LIIF HOUSING PRESERVATION FUND II LLC
49 STEVENSON ST STE 300	SAN FRANCISCO	CA	94105	842963804	LENDING	DE	LIIF	RELATED INCOME	$101,864	0	Yes (1)	0.53330	$11,648
PBC ACCELERATOR FUND LLC
49 STEVENSON ST STE 300	SAN FRANCISCO	CA	94105	863067783	LENDING	DE	LIIF	RELATED INCOME	-$4,535	0	Yes (1)	0.33330	$100

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	LIIF NMTC HOLDINGS LLC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	49 STEVENSON ST SUITE 300	AddressLine1Txt
City	SAN FRANCISCO	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94105	ZIPCd

Field	Value	IRS element (for citing)
EIN	461849564	EIN
Primary Activities	LENDING	PrimaryActivitiesTxt
Legal Domicile State	DE	LegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	LIIF	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Entity Type	C	EntityTypeTxt
Share Of Total Income	-$11,174	ShareOfTotalIncomeAmt
Ownership	1.00000	OwnershipPct
Controlled Organization	0	ControlledOrganizationInd

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	Yes (1)	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	Yes (1)	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	Yes (1)	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	0	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	Yes (1)	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (10 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
LIIF NMTC HOLDINGS LLC
A	$2,986,479	GAAP
LIIF NMTC HOLDINGS LLC
S	$1,220,863	GAAP
NATIONAL AFFORDABLE HOUSING TRUST INC
B	$555,000	GAAP
NATIONAL AFFORDABLE HOUSING TRUST INC
C	$306,000	GAAP
GSAF LLC
S	$147,481	GAAP
LIIF HOUSING PRESERVATION FUND II LLC
A	$95,487	GAAP
GSAF LLC
A	$68,635	GAAP
MATCH LLC
A	$58,771	GAAP
MATCH LLC
S	$41,356	GAAP
LIIF HOUSING PRESERVATION FUND II LLC
S	$12,324	GAAP