NATIONAL COMMUNITY STABILIZATION TRUST LLC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- NATIONAL COMMUNITY STABILIZATION TRUST LLC (EIN 26-3703347)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-07-27
- IRS object ID
- 202302089349301355
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-07-27T15:54:49-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042571780 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AAFCPAS INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 WASHINGTON STREET | AddressLine1Txt |
| City | WESTBOROUGH | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01581 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 263703347 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL COMMUNITY STABILIZATION TRUST | BusinessNameLine1Txt |
| Business Name Line2 | LLC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NATI | BusinessNameControlTxt |
| Phone | 2022233237 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 910 17TH STREET NW 810 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20006 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CARLOS ALCAZAR | PersonNm |
| Person Title | COO | PersonTitleTxt |
| Phone | 2022233237 | PhoneNum |
| Signature | 2023-07-26 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CARLOS | PersonFirstNm |
| Person Last | ALCAZAR | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | 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 | DAVID KELLEHER CPA | PreparerPersonNm |
| PTIN | P01059560 | PTIN |
| Phone | 5083669100 | PhoneNum |
| Preparation | 2023-07-26 | 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 | CARLOS ALCAZAR | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 910 17TH STREET NW 810 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20006 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,462,098 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | STABILIZATIONTRUST.COM | WebsiteAddressTxt |
| Type Of Organization Other | Yes (X) | TypeOfOrganizationOtherInd |
| Other Organization Dsc | LLC | OtherOrganizationDsc |
| Formation | 2008 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | THE NATIONAL COMMUNITY STABILIZATION TRUST (NCST) STRENGTHENS COMMUNITIES BY FACILITATING THE REDEVELOPMENT AND REUSE OF VACANT, SINGLE-FAMILY (1-4 UNIT) HOMES. THIS WORK HAS A DOUBLE BOTTOM LINE: IT PREVENTS NEIGHBORHOOD BLIGHT WHILE INCREASING THE SUPPLY OF HIGH-QUALITY PROPERTIES AVAILABLE FOR AFFORDABLE HOMEOWNERSHIP OR RESPONSIBLE RENTAL. | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 17 | TotalEmployeeCnt |
| Total Volunteers | 7 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,171,717 | PYContributionsGrantsAmt |
| CY Contributions Grants | $962,136 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $635,325 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $462,698 | CYProgramServiceRevenueAmt |
| PY Investment Income | $16,086 | PYInvestmentIncomeAmt |
| CY Investment Income | $20,250 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,840 | PYOtherRevenueAmt |
| CY Other Revenue | $17,014 | CYOtherRevenueAmt |
| PY Total Revenue | $2,826,968 | PYTotalRevenueAmt |
| CY Total Revenue | $1,462,098 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,232,450 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,820,258 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $162,105 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $923,621 | PYOtherExpensesAmt |
| CY Other Expenses | $912,103 | CYOtherExpensesAmt |
| PY Total Expenses | $3,156,071 | PYTotalExpensesAmt |
| CY Total Expenses | $2,732,361 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$329,103 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,270,263 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $3,856,254 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,622,260 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $619,762 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $656,031 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,236,492 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,966,229 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE NATIONAL COMMUNITY STABILIZATION TRUST (NCST) STRENGTHENS COMMUNITIES BY FACILITATING THE REDEVELOPMENT AND REUSE OF VACANT, SINGLE-FAMILY (1-4 UNIT) HOMES. THIS WORK HAS A DOUBLE BOTTOM LINE: IT PREVENTS NEIGHBORHOOD BLIGHT WHILE INCREASING THE SUPPLY OF HIGH-QUALITY PROPERTIES AVAILABLE FOR AFFORDABLE HOMEOWNERSHIP OR RESPONSIBLE RENTAL. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,895,787 | ExpenseAmt |
| Revenue | $479,712 | RevenueAmt |
| Desc | NCST WAS FOUNDED IN 2008 IN RESPONSE TO THE FORECLOSURE CRISIS THAT RESULTED IN ALMOST 10 MILLION FORECLOSURES. BY PROVIDING A BRIDGE BETWEEN LENDERS WITH REO INVENTORY AND COMMUNITY ORGANIZATIONS DESIRING TO REHAB THEM FOR PRODUCTIVE REUSE, REOMATCH ENABLED SIGNIFICANT NEIGHBORHOOD STABILIZATION ACTIVITY IN MARKETS ACROSS THE UNITED STATES AND HELPED BUILD CAPACITY IN THE COMMUNITY DEVELOPMENT COMMUNITY. IN ITS FIRST 15 YEARS OF OPERATION, NCST WORKED WITH MORE THAN 1,000 LOCAL PARTNERS TO PUT 28,000 SINGLE FAMILY HOMES BACK TO WORK AS AFFORDABLE HOMEOWNERSHIP OR RESPONSIBLE RENTAL. IN MORE RECENT YEARS, NCST ALSO HAS BUILT A HIGHLY EFFECTIVE RESEARCH AND POLICY DEVELOPMENT OPERATION BY RECRUITING SENIOR POLICY EXPERTS TO ITS TEAM. THIS TEAM KNOWS HOW TO TRANSLATE NCST'S EXPERIENCE IN REAL ESTATE - SUPPORTED BY A LARGE PROPRIETARY DATASET ON ACQUISITION AND REHAB - INTO MEANINGFUL AND REALISTIC POLICY OBJECTIVES. | Desc |
| Total Program Service Expenses | $1,895,787 | 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 | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | 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 | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | 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 | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 7 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 17 | 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 | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 7 | 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 | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | 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 | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARLOS ALCAZAR | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2147103404 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 910 17TH STREET NW SUITE 810 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20006 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| CARLOS ALCAZAR | |||||||
| COO | 40.00 | Yes (X) | $208,594 | $0 | $34,971 | ||
| KRIS SIGLIN | |||||||
| VP POLICY AND PARTNERSHIPS | 40.00 | $180,858 | $0 | $37,957 | Yes (X) | ||
| RACQUEL REDDIE | |||||||
| MANAGING DIRECTOR, COMMUNITY DEV. | 40.00 | $150,085 | $0 | $32,124 | Yes (X) | ||
| CHRISTOPHER TYSON | |||||||
| PRESIDENT (AS OF 7/2022) | 40.00 | Yes (X) | $138,026 | $0 | $13,300 | Yes (X) | |
| CHRISTOPHER GARLAND | |||||||
| COMMUNITY DEVELOPMENT MANAGER | 40.00 | $122,018 | $0 | $12,689 | Yes (X) | ||
| JULIA GORDON | |||||||
| PRESIDENT (UNTIL 3/2022) | 40.00 | Yes (X) | $82,048 | $0 | $3,972 | Yes (X) | |
| ANDREW JAKABOVICS | |||||||
| CHAIR OF THE BOARD | 0.20 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| LOT DIAZ | |||||||
| MEMBER MANAGER | 0.20 | $0 | $0 | $0 | Yes (X) | ||
| PAUL SINGH | |||||||
| MEMBER MANAGER | 0.20 | $0 | $0 | $0 | Yes (X) | ||
| ERIC CHATMAN | |||||||
| MEMBER MANAGER | 0.20 | $0 | $0 | $0 | Yes (X) | ||
| BOB COONEY | |||||||
| MEMBER MANAGER | 0.20 | $0 | $0 | $0 | Yes (X) | ||
| JOHN O'CALLAGHAN | |||||||
| MEMBER MANAGER | 0.20 | $0 | $0 | $0 | Yes (X) | ||
| JANNEKE RATCLIFFE | |||||||
| MEMBER MANAGER | 0.20 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $881,629 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $135,013 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BRINOVATION INC | |||||
| 1234 SANTA MONICA BLVD | BEVERLY HILLS | CA | 90210 | DATA PROCESSING SERVICES | $134,157 |
| MOSAIC LINE LLC | |||||
| 3218 ODONNELL STREET | BALTIMORE | MD | 21224 | PROGRAM CONSULTANT | $120,000 |
| MARCUM LLP | |||||
| 1899 L ST NW SUITE 850 | WASHINGTON | DC | 20036 | ACCOUNTING/HR SERVICES | $108,625 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $962,136 | AllOtherContributionsAmt |
| Total Contributions | $962,136 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| LOAN ORIGINATION AND O | 531390 | $230,073 | $230,073 |
| REAL ESTATE SERVICE FE | 531390 | $229,500 | $229,500 |
| MANAGEMENT FEES | 531390 | $3,125 | $3,125 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $462,698 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,250 | TotalRevenueColumnAmt |
| Exclusion | $20,250 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $17,014 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $17,014 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $17,014 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,462,098 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $479,712 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $20,250 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $480,911 | TotalAmt |
| Program Services | $240,455 | ProgramServicesAmt |
| Management And General | $181,119 | ManagementAndGeneralAmt |
| Fundraising | $59,337 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,075,051 | TotalAmt |
| Program Services | $860,419 | ProgramServicesAmt |
| Management And General | $136,659 | ManagementAndGeneralAmt |
| Fundraising | $77,973 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,345 | TotalAmt |
| Program Services | $30,647 | ProgramServicesAmt |
| Management And General | $7,465 | ManagementAndGeneralAmt |
| Fundraising | $2,233 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $106,591 | TotalAmt |
| Program Services | $86,033 | ProgramServicesAmt |
| Management And General | $9,713 | ManagementAndGeneralAmt |
| Fundraising | $10,845 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $117,360 | TotalAmt |
| Program Services | $84,142 | ProgramServicesAmt |
| Management And General | $22,968 | ManagementAndGeneralAmt |
| Fundraising | $10,250 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,202 | TotalAmt |
| Management And General | $19,202 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $158,056 | TotalAmt |
| Management And General | $158,056 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $260,907 | TotalAmt |
| Program Services | $200,274 | ProgramServicesAmt |
| Management And General | $60,526 | ManagementAndGeneralAmt |
| Fundraising | $107 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,319 | TotalAmt |
| Program Services | $6,602 | ProgramServicesAmt |
| Management And General | $16,682 | ManagementAndGeneralAmt |
| Fundraising | $35 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $238,277 | TotalAmt |
| Program Services | $233,521 | ProgramServicesAmt |
| Management And General | $4,182 | ManagementAndGeneralAmt |
| Fundraising | $574 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,663 | TotalAmt |
| Program Services | $47,724 | ProgramServicesAmt |
| Management And General | $2,584 | ManagementAndGeneralAmt |
| Fundraising | $355 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,071 | TotalAmt |
| Program Services | $46,225 | ProgramServicesAmt |
| Management And General | $2,503 | ManagementAndGeneralAmt |
| Fundraising | $343 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,271 | TotalAmt |
| Program Services | $15,271 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,424 | TotalAmt |
| Management And General | $52,424 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| BAD DEBT | $22,800 | $22,800 | ||
| INSPECTION FEES - SDP | $14,260 | $14,260 | ||
| MISCELLANEOUS | $7,853 | $7,414 | $386 | $53 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,732,361 | TotalAmt |
| Program Services | $1,895,787 | ProgramServicesAmt |
| Management And General | $674,469 | ManagementAndGeneralAmt |
| Fundraising | $162,105 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $545,468 | BOYAmt |
| EOY | $479,227 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,087,916 | BOYAmt |
| EOY | $1,654,082 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $200,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $164,818 | BOYAmt |
| EOY | $191,362 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,052 | BOYAmt |
| EOY | $55,292 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $42,297 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,856,254 | BOYAmt |
| EOY | $2,622,260 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $97,632 | BOYAmt |
| EOY | $101,445 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,130 | BOYAmt |
| EOY | $7,425 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $150,000 | BOYAmt |
| EOY | $250,000 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $350,000 | BOYAmt |
| EOY | $250,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $47,161 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $619,762 | BOYAmt |
| EOY | $656,031 | 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 | $3,227,970 | BOYAmt |
| EOY | $1,766,229 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,522 | BOYAmt |
| EOY | $200,000 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,236,492 | BOYAmt |
| EOY | $1,966,229 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,856,254 | BOYAmt |
| EOY | $2,622,260 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$1,270,263 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | 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 | 0 | FederalGrantAuditRequiredInd |
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 | $617,559 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,734,478 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,070,268 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,171,717 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $962,136 | CurrentTaxYearAmt |
| Total | $6,556,158 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $617,559 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,734,478 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,070,268 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,171,717 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $962,136 | CurrentTaxYearAmt |
| Total | $6,556,158 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,643,570 | SubstantialContributorsTotAmt |
| Public Support Total170 | $4,912,588 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $19,256 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $46,616 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $40,391 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $16,086 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $20,250 | CurrentTaxYearAmt |
| Total | $142,599 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $15,532 | CurrentTaxYearMinus2YearsAmt |
| Total | $15,532 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $6,714,289 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $9,590,145 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.73170 | PublicSupportCY170Pct |
| Public Support PY170 | 0.81510 | 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 Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $2,732,361 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $2,732,361 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $286,618 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $71,655 | 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 | $286,618 | CurrentYearAmt |
| Total | $286,618 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $429,927 | LobbyingCeilingAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $71,655 | CurrentYearAmt |
| Total | $71,655 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $107,483 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LEASE LIABILITY | Desc |
| Amt | $47,161 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $47,161 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | NCST ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATED FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. AS OF DECEMBER 31, 2022, NCST HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. NCST FILES INFORMATIONAL RETURNS IN THE UNITED STATES FEDERAL JURISDICTION, AND ILLINOIS AND CALIFORNIA STATE JURISDICTIONS. THE INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE UNITED STATES FEDERAL, AND ILLINOIS AND CALIFORNIA STATE JURISDICTIONS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| 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 | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CARLOS ALCAZAR | ||||||||||||||
| COO | $208,594 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $34,971 | $0 | $243,565 | $0 | $0 | $0 |
| KRIS SIGLIN | ||||||||||||||
| VP POLICY AND PARTNERSHIPS | $175,858 | $0 | $5,000 | $0 | $0 | $0 | $7,183 | $0 | $30,774 | $0 | $218,815 | $0 | $0 | $0 |
| RACQUEL REDDIE | ||||||||||||||
| MANAGING DIRECTOR, COMMUNITY DEV. | $148,835 | $0 | $1,250 | $0 | $0 | $0 | $6,003 | $0 | $26,121 | $0 | $182,209 | $0 | $0 | $0 |
| CHRISTOPHER TYSON | ||||||||||||||
| PRESIDENT (AS OF 7/2022) | $138,026 | $0 | $0 | $0 | $0 | $0 | $4,667 | $0 | $8,633 | $0 | $151,326 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | NCST HAS MEMBERS AS DEFINED IN THE LLC AGREEMENT. |
| FORM 990, PART VI, SECTION A, LINE 6 | NCST WAS FORMED AS A LIMITED LIABILITY COMPANY, CURRENTLY WITH FIVE MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | NCST IS AN LLC WITH FIVE MEMBERS, EACH MEMBER HAS REPRESENTATION ON THE BOARD OF MANAGERS. THERE ARE 6 TOTAL MEMBERS OF THE BOARD OF MANAGERS, EACH OF WHOM HAS VOTING RIGHTS TO ELECT OTHER MEMBERS OF THE BOARD. |
| FORM 990, PART VI, SECTION A, LINE 7B | MANAGEMENT AND CONTROL OF THE BUSINESS OF NCST IS GENERALLY VESTED IN ITS GOVERNING BODY; CERTAIN DECISIONS ARE SUBJECT TO THE APPROVAL OF THE MEMBERS OF NCST. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY AN INDEPENDENT CONTRACTOR WITH ASSISTANCE FROM AND REVIEW BY NCST OFFICERS. PRIOR TO FILING, AAF PRESENTS THE DRAFT 990 TO THE NCST AUDIT/FINANCE COMMITTEE FOR APPROVAL. |
| FORM 990, PART VI, SECTION B, LINE 12C | OFFICERS AND BOARD MEMBERS ARE REQUIRED TO SIGN OFF ANNUALLY ON NCST'S CONFLICT OF INTEREST POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PRESIDENT AND COO ARE OFFICERS WHICH ARE COMPENSATED. THEIR SALARIES WERE DETERMINED THROUGH BOARD DISCUSSION AND APPROVAL. NCST CONDUCTED A COMPENSATION STUDY IN 2013 TO ENSURE THAT THE CEO SALARY WAS IN-LINE WITH OTHER NON PROFITS IN THE INDUSTRY. THE STUDY AT THE TIME INDICATED THAT THE CEO SALARY WAS IN-LINE. MOST RECENTLY, LEGAL COUNSEL CONDUCTED A QUICK COMPENSATION EXERCISE WITH SIMILAR NON PROFITS USING THE PUBLIC 990 TO INDICATE THAT THE CEO SALARY FOR NCST REMAINS IN-LINE WITH OTHER NON PROFITS. THE CEO USES MARKET RATE EXAMPLES FOR SIMILAR POSITIONS TO DETERMINE THE SALARY OF THE COO. |
| FORM 990, PART VI, SECTION C, LINE 19 | NCST MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XII, LINE 2C: | THE BOARD OF DIRECTORS HAS CHARGED THE AUDIT COMMITTEE WITH RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION PROCESS. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (3 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 |
|---|---|---|---|---|---|---|---|---|---|
| NCST MORTGAGE RESOLUTIONS LLC | |||||||||
| 910 17TH STREET NW SUITE 810 | WASHINGTON | DC | 20006 | 383859645 | SERVICE NCST AFFILIATES THAT ACQUIRE NON-PERFORMING MORTGAGE LOANS | DC | $65,261 | $5,899,057 | NATIONAL COMMUNITY STABILIZATION TRUST LLC |
| STABILIZATION TRUST REO CAPITAL FUND LLC | |||||||||
| 910 17TH STREET NW SUITE 810 | WASHINGTON | DC | 20006 | 270905665 | FINANCING OF ACQUISITIONS OF FORECLOSED PROPERTIES | DC | $0 | $0 | NATIONAL COMMUNITY STABILIZATION TRUST LLC |
| DEVELOPING AFFORDABLE STARTER HOMES FUND LLC | |||||||||
| 910 17TH STREET NW SUITE 810 | WASHINGTON | DC | 20006 | 863539566 | ASSISTS IN LENDING TO INDIVIDUAL BORROWERS IN THE CITY OF BALTIMORE | DC | $13,630 | $463,635 | NATIONAL COMMUNITY STABILIZATION TRUST LLC |