COMMUNITY REINVESTMENT FUND INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- COMMUNITY REINVESTMENT FUND INC (EIN 41-1616861)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-03-29
- IRS object ID
- 202210889349300256
- Schema version
- 2020v4.2
- 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 | 2022-03-29T08:46:32-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 S 6TH STREET SUITE 300 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411616861 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COMMUNITY REINVESTMENT FUND INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COMM | BusinessNameControlTxt |
| Phone | 6123383050 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 NICOLLET MALL 1700W | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 554022903 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JENNIFER ANDERSON | PersonNm |
| Person Title | PRESIDENT & CFO | PersonTitleTxt |
| Phone | 6123383050 | PhoneNum |
| Signature | 2022-03-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JENNIFER | PersonFirstNm |
| Person Last | ANDERSON | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN TAUER | PreparerPersonNm |
| PTIN | P00294068 | PTIN |
| Phone | 6123764500 | PhoneNum |
| Preparation | 2022-03-01 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | FRANK ALTMAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 NICOLLET MALL 1700W | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 554022903 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $69,206,207 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CRFUSA.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1988 | FormationYr |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Activity Or Mission | EMPOWER PEOPLE TO IMPROVE THEIR LIVES AND STRENGTHEN THEIR COMMUNITIES THROUGH FINANCIAL SOLUTIONS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 17 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 93 | TotalEmployeeCnt |
| Total Volunteers | 17 | TotalVolunteersCnt |
| Total Gross UBI | $367,477 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $17,117,536 | PYContributionsGrantsAmt |
| CY Contributions Grants | $28,863,301 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $36,000,591 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $40,064,749 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $270,335 | CYOtherRevenueAmt |
| PY Total Revenue | $53,118,127 | PYTotalRevenueAmt |
| CY Total Revenue | $69,198,385 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $150,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $3,420,500 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $12,414,366 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $15,130,825 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,342,599 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $20,320,681 | PYOtherExpensesAmt |
| CY Other Expenses | $28,148,969 | CYOtherExpensesAmt |
| PY Total Expenses | $32,885,047 | PYTotalExpensesAmt |
| CY Total Expenses | $46,700,294 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $20,233,080 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $22,498,091 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $272,393,749 | TotalAssetsBOYAmt |
| Total Assets EOY | $307,729,256 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $250,202,665 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $262,792,757 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $22,191,084 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $44,936,499 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO IMPROVE LIVES AND STRENGTHEN COMMUNITIES THROUGH INNOVATIVE FINANCIAL SOLUTIONS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $29,850,191 | ExpenseAmt |
| Grant | $3,420,500 | GrantAmt |
| Revenue | $24,355,611 | RevenueAmt |
| Desc | LENDING PROGRAMS - FOUNDED IN 1988, COMMUNITY REINVESTMENT FUND, USA (CRF) IS A NATIONAL NON-PROFIT ORGANIZATION AND A LEADING COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI). CRF WORKS COLLABORATIVELY WITH COMMUNITY ORGANIZATIONS AND STAKEHOLDERS TO INCREASE ECONOMIC MOBILITY, BUILD STRONG LOCAL ECONOMIES, AND REDUCE THE WEALTH GAP IN PURSUIT OF A JUST ECONOMY THAT WORKS FOR ALL. IN PARTNERSHIP WITH OTHERS, CRF CO-CREATES AND DELIVERS PROGRAMS, PRODUCTS AND SERVICES THAT ADDRESS THE BARRIERS AND INEQUITIES SMALL BUSINESSES WITH A HISTORY OF UNDERREPRESENTATION FACE. DURING THE FISCAL YEAR 2021, CRF PROVIDED FINANCING TOTALING $417.5 MILLION TO COMMUNITIES ACROSS THE COUNTRY, LEADING TO THE CREATION OR RETENTION OF MORE THAN 32,000 JOBS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $7,316,128 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $13,418,532 | RevenueAmt |
| Desc | TECHNOLOGY SOLUTIONS CRF OFFERS TECHNOLOGY SOLUTIONS THAT SUPPORT AND ENABLE ACCESS TO AFFORDABLE AND RESPONSIBLE BUSINESS FINANCING AND IMPROVE THE EFFICIENCY AND SCALABILITY OF MISSION-BASED LENDERS. DURING THE FISCAL YEAR 2021, CRF FACILITATED THE ORIGINATION OF APPROXIMATELY 3,244 LOANS TOTALING $145.5 MILLION. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,037,978 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $1,922,739 | RevenueAmt |
| Desc | LOAN SERVICING CRF IS A NATIONAL STANDARD & POOR'S RANKED LOAN SERVICER THAT SPECIALIZES IN PROVIDING HIGH-TOUCH, CUSTOMIZED SERVICE. WITH MORE THAN 20 YEARS OF EXPERIENCE, CRF FOCUSES ON PROVIDING SERVICING FOR MISSION-ALIGNED ORGANIZATIONS WITH A VARIETY OF ASSET TYPES INCLUDING COMMERCIAL REAL ESTATE, COMMUNITY FACILITIES, RESIDENTIAL MORTGAGES, EQUIPMENT, AND OTHERS. DURING THE 2021 FISCAL YEAR, CRF PROVIDED THIRD PARTY LOAN SERVICING SUPPORT FOR 60 COMMUNITY DEVELOPMENT LENDERS WITH VOLUME OF APPROXIMATELY 6700 LOANS TOTALING $830 MILLION. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $40,204,297 | 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 | 0 | 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 | 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 | 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 | 73 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 93 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| 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 | 17 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | 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 | Yes (1) | 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 | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JENNIFER ANDERSON | PersonNm |
| Phone | 6122249586 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 NICOLLET MALL SUITE 1700W | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (34 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| REZA AGHAMIRZADEH | ||||||||||
| CHAIR | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| LUTHER RAGIN JR | ||||||||||
| VICE CHAIR | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| LAURA TRUDEAU | ||||||||||
| SECRETARY | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| STEVEN KENT | ||||||||||
| TREASURER | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| DAVID ADAME | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| GAVIN BOROWIAK | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| TONY BROWN | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| DONET GRAVES | ||||||||||
| TRUSTEE (LEFT 9/2021) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| CALVIN HOLMES | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| WILLIAM KRUGLER | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| WILLIE F LOGAN | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| ANDREW POSNER | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| DANIEL SPILLER | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| CHRYSTEL CORNELIUS | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| GARY CUNNIGHAM | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| STEFANIE STEWARD-YOUNG | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| JACQUELINE WOODS | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| KATHRYN ROCK | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| FRANK ALTMAN | ||||||||||
| CEO | 40.00 | 0.00 | Yes (X) | $784,904 | $0 | $17,703 | ||||
| JENNIFER ANDERSON | ||||||||||
| PRESIDENT AND CFO | 40.00 | 0.00 | Yes (X) | $449,911 | $0 | $134,939 | ||||
| KEITH RACHEY | ||||||||||
| SVP CHEIF IMPACT OFFICER | 40.00 | 0.00 | Yes (X) | $360,939 | $0 | $130,883 | ||||
| JENNIFER NOVAK | ||||||||||
| SVP CAPITAL MARKETS | 40.00 | 0.00 | Yes (X) | $317,196 | $0 | $32,164 | ||||
| BRANDON DIXON | ||||||||||
| CHIEF CREDIT OFFICER | 40.00 | 0.00 | Yes (X) | $182,286 | $0 | $28,298 | ||||
| JUDITH JANDRO | ||||||||||
| SVP SMALL BUSINESS LENDING | 40.00 | 0.00 | Yes (X) | $289,580 | $0 | $29,421 | ||||
| MICHELLE PAGE | ||||||||||
| VP OF LOAN SERVICING | 40.00 | 0.00 | Yes (X) | $284,613 | $0 | $20,523 | ||||
| NICHOLAS ELDERS | ||||||||||
| SVP OF TECHNOLOGY PLATFORMS | 30.00 | 10.00 | Yes (X) | $258,324 | $107,712 | $123,285 | ||||
| DEBRA MOUNSEY | ||||||||||
| VP OF HUMAN RESOURCES | 40.00 | 0.00 | $244,266 | $0 | $15,363 | Yes (X) | ||||
| ERIC CHAPIN | ||||||||||
| GENERAL COUNSEL | 40.00 | 0.00 | $273,531 | $0 | $30,419 | Yes (X) | ||||
| GARY HOLMQUIST | ||||||||||
| REGIONAL DIRECTOR OF BUSINESS DEVELOPMENT | 40.00 | 0.00 | $316,832 | $0 | $31,363 | Yes (X) | ||||
| PATRICK DAVIS | ||||||||||
| VP OF PROGRAM STRATEGY | 40.00 | 0.00 | $292,633 | $0 | $64,130 | Yes (X) | ||||
| JENNIFER ERICSON | ||||||||||
| REGIONAL DIRECTOR OF BUSINESS DEVELOPMENT | 40.00 | 0.00 | $222,246 | $0 | $31,635 | Yes (X) | ||||
| ERIK SWENSON | ||||||||||
| VP OF TECHNOLOGY SOLUTIONS | 30.00 | 10.00 | $196,219 | $85,370 | $99,583 | Yes (X) | ||||
| ERIK MAU | ||||||||||
| PRINCIPAL ARCHITECT | 30.00 | 10.00 | $202,351 | $84,478 | $104,565 | Yes (X) | ||||
| DANIEL KOMAREK | ||||||||||
| CHEIF RISK OFFICER | 40.00 | 0.00 | $179,076 | $0 | $12,575 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,854,907 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $277,560 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $906,849 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 35 | 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 |
|---|---|---|---|---|---|
| ACCOUNTEMPS | |||||
| 800 NICOLLET MALL SUITE 2700 | MINNEAPOLIS | MN | 55402 | TEMPORARY CONTRACT EMPLOYEES | $5,774,637 |
| PERKINS COIE | |||||
| 110 NORTH WACKER DRIVE 34TH FLOOR | CHICAGO | IL | 60606 | ATTORNEY | $573,919 |
| ROBERT HALF | |||||
| 800 NICOLLET MALL SUITE 2700 | MINNEAPOLIS | MN | 55402 | TEMPORARY CONTRACT EMPLOYEES | $551,811 |
| CLIFTONLARSONALLEN LLP | |||||
| 200 SOUTH SIXTH STREET SUITE 1400 | MINNEAPOLIS | MN | 55402 | ACCOUNTING | $346,035 |
| MAIN STREET FUNDING GROUP | |||||
| 356 NW ALICE AVE | STUART | FL | 34994 | CONSULTING | $306,538 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 18 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $5,559,042 | GovernmentGrantsAmt |
| All Other Contributions | $23,304,259 | AllOtherContributionsAmt |
| Total Contributions | $28,863,301 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| LENDING TRANSACTION FEES | 525990 | $17,252,724 | $17,252,724 | |
| TECHNOLOGY FEES | 900099 | $13,786,399 | $13,418,532 | $367,867 |
| LENDING INTEREST INCOME | 525990 | $7,102,497 | $7,102,497 | |
| OTHER LENDING INCOME | 525990 | $1,923,129 | $1,923,129 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $40,064,749 | TotalProgramServiceRevenueAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $7,432 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $7,822 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$390 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$390 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$390 | UnrelatedBusinessRevenueAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $270,725 | TotalRevenueColumnAmt |
| Exclusion | $270,725 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $270,725 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $69,198,385 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $39,696,882 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $367,477 | UnrelatedBusinessRevenueAmt |
| Exclusion | $270,725 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,420,500 | TotalAmt |
| Program Services | $3,420,500 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,659,418 | TotalAmt |
| Program Services | $2,456,726 | ProgramServicesAmt |
| Management And General | $648,110 | ManagementAndGeneralAmt |
| Fundraising | $554,582 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,826,663 | TotalAmt |
| Program Services | $6,468,107 | ProgramServicesAmt |
| Management And General | $1,882,623 | ManagementAndGeneralAmt |
| Fundraising | $475,933 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $218,827 | TotalAmt |
| Program Services | $154,383 | ProgramServicesAmt |
| Management And General | $51,604 | ManagementAndGeneralAmt |
| Fundraising | $12,840 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,695,270 | TotalAmt |
| Program Services | $1,211,169 | ProgramServicesAmt |
| Management And General | $338,209 | ManagementAndGeneralAmt |
| Fundraising | $145,892 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $730,647 | TotalAmt |
| Program Services | $522,121 | ProgramServicesAmt |
| Management And General | $148,185 | ManagementAndGeneralAmt |
| Fundraising | $60,341 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,987 | TotalAmt |
| Program Services | $210 | ProgramServicesAmt |
| Management And General | $72,777 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $781,891 | TotalAmt |
| Program Services | $643,632 | ProgramServicesAmt |
| Management And General | $138,259 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $328,141 | TotalAmt |
| Management And General | $328,141 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $87,000 | TotalAmt |
| Program Services | $87,000 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,665,000 | TotalAmt |
| Program Services | $8,647,990 | ProgramServicesAmt |
| Management And General | $970,138 | ManagementAndGeneralAmt |
| Fundraising | $46,872 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $418,064 | TotalAmt |
| Program Services | $243,387 | ProgramServicesAmt |
| Management And General | $174,677 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,573 | TotalAmt |
| Program Services | $14,770 | ProgramServicesAmt |
| Management And General | $18,565 | ManagementAndGeneralAmt |
| Fundraising | $238 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $520,284 | TotalAmt |
| Program Services | $431,668 | ProgramServicesAmt |
| Management And General | $78,985 | ManagementAndGeneralAmt |
| Fundraising | $9,631 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $310,451 | TotalAmt |
| Program Services | $211,038 | ProgramServicesAmt |
| Management And General | $87,363 | ManagementAndGeneralAmt |
| Fundraising | $12,050 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,233 | TotalAmt |
| Program Services | $30,277 | ProgramServicesAmt |
| Management And General | $9,094 | ManagementAndGeneralAmt |
| Fundraising | $862 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,489,391 | TotalAmt |
| Program Services | $4,489,391 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $384,615 | TotalAmt |
| Program Services | $282,250 | ProgramServicesAmt |
| Management And General | $89,957 | ManagementAndGeneralAmt |
| Fundraising | $12,408 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $276,241 | TotalAmt |
| Program Services | $207,513 | ProgramServicesAmt |
| Management And General | $57,778 | ManagementAndGeneralAmt |
| Fundraising | $10,950 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| PROVISION FOR LOAN LOSS | $6,406,318 | $6,406,318 |
| COMMUNICATION | $436,361 | $436,361 |
| ALLOWANCE FOR BAD RECEI | $314,466 | $314,466 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,583,953 | TotalAmt |
| Program Services | $3,525,020 | ProgramServicesAmt |
| Management And General | $58,933 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,700,294 | TotalAmt |
| Program Services | $40,204,297 | ProgramServicesAmt |
| Management And General | $5,153,398 | ManagementAndGeneralAmt |
| Fundraising | $1,342,599 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,063,259 | BOYAmt |
| EOY | $74,540,310 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $441,447 | BOYAmt |
| EOY | $177,443 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,748,175 | BOYAmt |
| EOY | $1,403,123 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $197,201,397 | BOYAmt |
| EOY | $220,101,537 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $8,995,656 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $6,794,404 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $940,790 | BOYAmt |
| EOY | $2,201,252 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,406,196 | BOYAmt |
| EOY | $1,406,196 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,592,485 | BOYAmt |
| EOY | $7,899,395 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $272,393,749 | BOYAmt |
| EOY | $307,729,256 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,160,087 | BOYAmt |
| EOY | $20,769,376 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,077,234 | BOYAmt |
| EOY | $10,048,056 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $140,059,009 | BOYAmt |
| EOY | $146,696,177 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,906,335 | BOYAmt |
| EOY | $85,279,148 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $250,202,665 | BOYAmt |
| EOY | $262,792,757 | 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 | $17,308,643 | BOYAmt |
| EOY | $43,357,200 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,882,441 | BOYAmt |
| EOY | $1,579,299 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,191,084 | BOYAmt |
| EOY | $44,936,499 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $272,393,749 | BOYAmt |
| EOY | $307,729,256 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $22,498,091 | ReconcilationRevenueExpnssAmt |
| Prior Period Adjustments | $142,817 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $104,507 | OtherChangesInNetAssetsAmt |
| 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) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type2 | Yes (X) | SupportingOrgType2Ind |
| Supported Organizations | 12 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp (12 entries)
| EINEIN | Organization TypeOrganizationTypeCd | Governing Document ListedGoverningDocumentListedInd | SupportSupportAmt | Other SupportOtherSupportAmt |
|---|---|---|---|---|
| LOW INCOME INVESTMENT FUND | ||||
| 942952578 | 7 | 0 | $0 | $0 |
| LOS ANGELES LDC INC | ||||
| 953532380 | 10 | 0 | $0 | $0 |
| CHICAGO COMMUNITY LOAN FUND | ||||
| 363762123 | 7 | 0 | $0 | $0 |
| INVEST DETROIT FOUNDATION | ||||
| 271927369 | 7 | 0 | $0 | $0 |
| CHICANOS POR LA CAUSA | ||||
| 860227210 | 7 | 0 | $0 | $0 |
| CAPITAL GOOD FUND | ||||
| 800348382 | 10 | 0 | $0 | $0 |
| MILWAUKEE COMMUNITY BUSINESS COLLABORATIVE INC | ||||
| 463689224 | 7 | 0 | $0 | $0 |
| OPA-LOCKA COMMUNITY DEVELOPMENT CORPORATION | ||||
| 592106635 | 7 | 0 | $0 | $0 |
| NEIGHBORHOOD LENDING PARTNERS INC | ||||
| 010581489 | 10 | 0 | $0 | $0 |
| TENDERLOIN NEIGHBORHOOD DEVELOPMENT CORPORATION | ||||
| 942761808 | 10 | 0 | $0 | $0 |
| OWEESTA CORPORATION | ||||
| 541970097 | 10 | 0 | $0 | $0 |
| PROSPERITY NOW | ||||
| 521141804 | 7 | 0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 12 | SupportedOrganizationsTotalCnt |
| Support Sum | $0 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | 0 | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | 0 | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | Yes (1) | OrganizationChangeSuprtOrgInd |
| Supported Org Class Designated | 0 | SupportedOrgClassDesignatedInd |
| Support Non Supported Org | 0 | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Majority Dir Trst Supported Org | 0 | MajorityDirTrstSupportedOrgInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, SECTION A, LINE 1 | ORGANIZATIONS LISTED IN GOVERNING DOCUMENTS: CRF IS A NOT-FOR-PROFIT FINANCIAL SERVICES CORPORATION THAT PROVIDES SERVICES AND NEW LOAN CAPITAL FOR COMMUNITY BASED DEVELOPMENT ORGANIZATIONS, INCLUDING 501(C)3 ENTITIES AND GOVERNMENTAL ENTITIES. CRF SUPPORTS A CLASS OF BENEFICIARY ORGANIZATIONS THAT INCLUDE SECTION 501(C)(3) LOCAL ECONOMIC DEVELOPMENT ORGANIZATIONS AND UNITS OF FEDERAL, STATE, COUNTY OR MUNICIPAL GOVERNMENT, OR DULY CONSTITUTED AGENCIES THEREOF THAT FOCUS THEIR LENDING ACTIVITIES AT ECONOMICALLY DISTRESSED OR DECLINING AREAS, DISADVANTAGED PERSONS, NEIGHBORHOOD OR COMMUNITY REVITALIZATION, OR OTHER SECTION 501(C)(3) CHARITABLE PURPOSES AND THAT ARE CLASSIFIED AS SECTION 509(A)(1) OR (2) ORGANIZATIONS UNDER THE INTERNAL REVENUE CODE. THE GOVERNING INSTRUMENTS OF THE ORGANIZATION PROVIDE THAT ITS SUPPORTED ORGANIZATIONS INCLUDE LOCAL ECONOMIC DEVELOPMENT ORGANIZATIONS THAT ARE CLASSIFIED AS PUBLIC CHARITIES AND GOVERNMENTAL UNITS. |
| PART IV, SECTION A, LINE 5A | SUPPORTED ORGANIZATIONS LISTING: THE FOLLOWING ORGANIZATIONS WERE ADDED FROM THE REPORTABLE LIST OF SUPPORTED ORGANIZATIONS FOR PURPOSES OF SCHEDULE A: OWEESTA CORPORATION: 54-1970097, A REPRESENTATIVE OF THE SUPPORTED ORGANIZATION IS ON THE BOARD OF TRUSTEES OF COMMUNITY REINVESTMENT FUND. PROSPERITY NOW: 52-1141804, A REPRESENTATIVE OF THE SUPPORTED ORGANIZATION IS ON THE BOARD OF TRUSTEES OF COMMUNITY REINVESTMENT FUND. THE FOLLOWING ORGANIZATIONS WERE REMOVED FROM THE REPORTABLE LIST OF SUPPORTED ORGANIZATIONS FOR PURPOSES OF SCHEDULE A: FORWARD COMMUNITY INVESTMENTS, INC.: 39-1815578, BOARD MEMBER LEFT THAT WAS AFFILIATED WITH THIS SUPPORTED ORGANIZATION STEWARDS OF AFFORADABLE HOUSING FOR THE FUTURE: 06-1697213, BOARD MEMBER LEFT THAT WAS AFFILIATED WITH THIS SUPPORTED ORGANIZATION |
| PART IV, SECTION C, LINE 1 | ORGANIZATIONS LISTED IN GOVERNING DOCUMENTS: THE GOVERNING INSTRUMENTS OF THE ORGANIZATION REQUIRE THAT A MAJORITY OF ITS TRUSTEES SHALL BE REPRESENTATIVES OF SUPPORTED ORGANIZATIONS. THE ORGANIZATION SERVES A CLASS OF SUPPORTED ORGANIZATIONS AS DESCRIBED ABOVE. THE ORGANIZATION IS CONTROLLED BY THE ORGANIZATIONS IT SUPPORTS SINCE THE MAJORITY OF THE ORGANIZATION'S TRUSTEES ARE REPRESENTATIVES OF ITS SUPPORTED ORGANIZATIONS. |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $87,000 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $87,000 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | DESCRIPTION OF LOBBYING ACTIVITIES: CRF HAS PAID A CONSULTING FIRM TO ASSIST WITH WORK IN CONGRESS FOR THE CONTINUED ADVOCACY FOR THE NEW MARKETS TAX CREDIT PROGRAM, BOND GUARANTEE PROGRAM, AND OTHER PROGRAMS THAT BENEFIT THE CDFI INDUSTRY. | ExplanationTxt |
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 | $625,452 | OtherCostOrOtherBasisAmt |
| Depreciation | $374,622 | DepreciationAmt |
| Book Value | $250,830 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,995,731 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,882,716 | DepreciationAmt |
| Book Value | $113,015 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,374,473 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,537,066 | DepreciationAmt |
| Book Value | $1,837,407 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,201,252 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | THE ESCROW LIABILITY ON BALANCE SHEET REPRESENTS FUNDS HELD IN TRUST FOR BORROWERS. |
| PART X, LINE 2: | THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT CRF IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. SIMILAR EXEMPTIONS EXIST UNDER MINNESOTA STATUTES. NNMTCF, A FOR-PROFIT SUBSIDIARY OF CRF, FILES TAX RETURNS AS A FOR-PROFIT ENTITY; HOWEVER, ITS CURRENT ACTIVITIES HAVE NOT GENERATED TAXABLE INCOME. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. IGNIFY TECHNOLOGIES, INC., A FOR-PROFIT SUBSIDIARY OF CRF, FILES TAX RETURNS AS A FOR-PROFIT ENTITY SUBJECT TO FEDERAL AND STATE INCOME TAXES. IGNIFY UTILIZES AN ASSET AND LIABILITY APPROACH TO FINANCIAL ACCOUNTING AND REPORTING FOR INCOME TAXES. DEFERRED INCOME TAX ASSETS AND LIABILITIES ARE COMPUTED ANNUALLY FOR DIFFERENCES BETWEEN THE FINANCIAL STATEMENT AND TAX BASIS OF ASSETS AND LIABILITIES THAT WILL RESULT IN TAXABLE OR DEDUCTIBLE AMOUNTS IN THE FUTURE BASED ON ENACTED TAX LAWS AND RATES APPLICABLE TO THE PERIODS IN WHICH THE DIFFERENCES ARE EXPECTED TO AFFECT TAXABLE INCOME. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (16 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|---|---|---|---|---|---|
| ACCESS TO CAPITAL | ||||||||||
| 3173 HIGHWAY 129N | CLEVELAND | GA | 30528 | 582383669 | 501(C)3 | $35,000 | GENERAL SUPPORT | |||
| PEOPLE FUND | ||||||||||
| 2921 E 17TH STREET BLDG D SUITE 1 | AUSTIN | TX | 78702 | 742814572 | 501(C)3 | $35,000 | GENERAL SUPPORT | |||
| ASCENDUS | ||||||||||
| 80 MAIDEN LAN SUITE 903 | NEW YORK | NY | 10038 | 113317234 | 501(C)3 | $35,000 | GENERAL SUPPORT | |||
| SOUTHEAST COMMUNITY CAPITAL CORPORATION | ||||||||||
| 201 VENTURE CIRCLE | NASHVILLE | TN | 37228 | 621823596 | 501(C)3 | $35,000 | GENERAL SUPPORT | |||
| THE NATURAL CAPITAL INVESTMENT FUND INC | ||||||||||
| PO BOX 839 | CHARLES TOWN | WV | 25414 | 542058754 | 501(C)3 | $35,000 | GENERAL SUPPORT | |||
| LIFTFUND | ||||||||||
| 2007 W MARTIN STREET | SAN ANTONIO | TX | 78207 | 742712770 | 501(C)3 | $35,000 | GENERAL SUPPORT | |||
| COMMUNITIES UNLIMITED | ||||||||||
| 3 EAST COLT SQUARE DRIVE | FAYETTEVILLE | AR | 72703 | 710464321 | 501(C)3 | $35,000 | GENERAL SUPPORT | |||
| TRUFUND FINANCIAL SERVICES INC | ||||||||||
| 39 WEST 37TH STREET 7TH FLOOR | NEW YORK | NY | 10018 | 593814814 | 501(C)3 | $35,000 | GENERAL SUPPORT | |||
| NDC COMMUNITY IMPACT LOAN FUND | ||||||||||
| 325 GOLD STREET SUITE 501 | BROOKLYN | NY | 11201 | 133678913 | 501(C)3 | $35,000 | GENERAL SUPPORT | |||
| SOUTHERN BANCORP CAPITAL PARTNERS | ||||||||||
| 605 MAIN STREET SUITE 203 | ARKADELPHIA | AR | 71923 | 581766093 | 501(C)3 | $35,000 | GENERAL SUPPORT | |||
| BLACK BUSINESS INVESTMENT FUND INC | ||||||||||
| 301 EAST PINE STREET SUITE 175 | ORLANDO | FL | 32801 | 592861155 | 501(C)4 | $35,000 | GENERAL SUPPORT | |||
| WESTERN RESERVE COMMUNITY FUND | ||||||||||
| 47 N MAIN ST SUITE 407 | AKRON | OH | 44308 | 833858451 | 501(C)3 | $7,500 | GENERAL SUPPORT | |||
| LAKE STREET COUNCIL | ||||||||||
| PO BOX 7091 | MINNEAPOLIS | MN | 55407 | 410975738 | 501(C)3 | $15,000 | GENERAL SUPPORT | |||
| THE BANYAN FOUNDATION | ||||||||||
| 2529 13TH AVE SOUTH | MINNEAPOLIS | MN | 55404 | 411922813 | 501(C)3 | $5,000 | GENERAL SUPPORT | |||
| LOCAL INITIATIVES SUPPORT CORPORATION | ||||||||||
| 28 LIBERTY STREET 34TH FLOOR | NEW YORK | NY | 10005 | 133030229 | 501(C)3 | $3,000,000 | GENERAL SUPPORT | |||
| ACCOIN CHICAGO | ||||||||||
| 135 N KEDZIE | CHICAGO | IL | 60612 | 363966573 | 501(C)3 | GENERAL SUPPORT | $8,000 | BASE CHARGES | USE OF SOFTWARE | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 16 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| 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 | Yes (1) | 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 (16 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FRANK ALTMAN | ||||||||||||||
| CEO | $349,561 | $0 | $435,343 | $0 | $0 | $0 | $0 | $0 | $17,703 | $0 | $802,607 | $0 | $0 | $0 |
| JENNIFER ANDERSON | ||||||||||||||
| PRESIDENT AND CFO | $277,453 | $0 | $172,458 | $0 | $0 | $0 | $114,416 | $0 | $20,523 | $0 | $584,850 | $0 | $0 | $0 |
| KEITH RACHEY | ||||||||||||||
| SVP CHEIF IMPACT OFFICER | $239,722 | $0 | $121,217 | $0 | $0 | $0 | $110,360 | $0 | $20,523 | $0 | $491,822 | $0 | $0 | $0 |
| NICHOLAS ELDERS | ||||||||||||||
| SVP OF TECHNOLOGY PLATFORMS | $175,224 | $56,712 | $83,100 | $51,000 | $0 | $0 | $8,948 | $93,814 | $15,837 | $4,686 | $283,109 | $206,212 | $0 | $0 |
| ERIK MAU | ||||||||||||||
| PRINCIPAL ARCHITECT | $142,323 | $42,534 | $60,028 | $41,944 | $0 | $0 | $9,987 | $74,055 | $15,775 | $4,748 | $228,113 | $163,281 | $0 | $0 |
| ERIK SWENSON | ||||||||||||||
| VP OF TECHNOLOGY SOLUTIONS | $138,368 | $45,370 | $57,851 | $40,000 | $0 | $0 | $6,949 | $72,111 | $15,837 | $4,686 | $219,005 | $162,167 | $0 | $0 |
| PATRICK DAVIS | ||||||||||||||
| VP OF PROGRAM STRATEGY | $160,280 | $0 | $131,753 | $0 | $600 | $0 | $46,610 | $0 | $17,520 | $0 | $356,763 | $0 | $0 | $0 |
| JENNIFER NOVAK | ||||||||||||||
| SVP CAPITAL MARKETS | $230,820 | $0 | $85,876 | $0 | $500 | $0 | $11,641 | $0 | $20,523 | $0 | $349,360 | $0 | $0 | $0 |
| GARY HOLMQUIST | ||||||||||||||
| REGIONAL DIRECTOR OF BUSINESS DEVELO | $130,010 | $0 | $186,222 | $0 | $600 | $0 | $10,840 | $0 | $20,523 | $0 | $348,195 | $0 | $0 | $0 |
| JUDITH JANDRO | ||||||||||||||
| SVP SMALL BUSINESS LENDING | $210,174 | $0 | $77,906 | $0 | $1,500 | $0 | $8,898 | $0 | $20,523 | $0 | $319,001 | $0 | $0 | $0 |
| MICHELLE PAGE | ||||||||||||||
| VP OF LOAN SERVICING | $207,513 | $0 | $76,500 | $0 | $600 | $0 | $0 | $0 | $20,523 | $0 | $305,136 | $0 | $0 | $0 |
| ERIC CHAPIN | ||||||||||||||
| GENERAL COUNSEL | $193,033 | $0 | $79,997 | $0 | $501 | $0 | $9,896 | $0 | $20,523 | $0 | $303,950 | $0 | $0 | $0 |
| DEBRA MOUNSEY | ||||||||||||||
| VP OF HUMAN RESOURCES | $178,141 | $0 | $65,625 | $0 | $500 | $0 | $8,743 | $0 | $6,620 | $0 | $259,629 | $0 | $0 | $0 |
| JENNIFER ERICSON | ||||||||||||||
| REGIONAL DIRECTOR OF BUSINESS DEVELO | $130,766 | $0 | $91,480 | $0 | $0 | $0 | $11,112 | $0 | $20,523 | $0 | $253,881 | $0 | $0 | $0 |
| BRANDON DIXON | ||||||||||||||
| CHIEF CREDIT OFFICER | $143,675 | $0 | $38,136 | $0 | $475 | $0 | $7,775 | $0 | $20,523 | $0 | $210,584 | $0 | $0 | $0 |
| DANIEL KOMAREK | ||||||||||||||
| CHEIF RISK OFFICER | $105,401 | $0 | $73,125 | $0 | $550 | $0 | $5,685 | $0 | $6,890 | $0 | $191,651 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 4C | NICK ELDERS RECEIVED STOCK OPTION COMPENSATION OF $42,814 FROM IGNIFY TECHNOLOGIES, INC. , ERIK MAU RECEIVED STOCK OPTION COMPENSATION OF $32,111 FROM IGNIFY TECHNOLOGIES, INC. AND ERIK SWENSON RECEIVED STOCK OPTION COMPENSATION OF $32,111 FROM IGNIFY TECHNOLOGIES, INC. |
| PART I, LINE 7 | CRF PAYS COMMISSIONS TO CERTAIN EMPLOYEES, WHICH MAY INCLUDE SOME HIGHLY COMPENSATED INDIVIDUALS LISTED ON FORM 990, PART VII. ADDITIONALLY, CRF PAYS INCENTIVE COMPENSATION TO MANAGEMENT AND STAFF IN ACCORDANCE WITH ITS COMPENSATION PLAN, WHICH MAY INCLUDE SOME HIGHLY COMPENSATED INDIVIDUALS LISTED ON FOR 990, PART VII. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE EXECUTIVE COMMITTEE (COMMITTEE) CONSISTING OF AT LEAST FIVE PERSONS APPOINTED BY THE BOARD OF TRUSTEES (BOARD) FROM ITS RANKS; AND THE BYLAWS ALSO PROVIDE THAT THE EXECUTIVE COMMITTEE SHALL HAVE THE POWER AND AUTHORITY AS MAY BE DELEGATED TO IT BY THE BOARD OF TRUSTEES. THE COMMITTEE SHALL BE COMPRISED OF THE FOLLOWING BOARD OFFICERS: CHAIRPERSON, VICE CHAIRPERSON, CHIEF EXECUTIVE OFFICER, AND THE CHAIRS OF THE AUDIT COMMITTEE, CREDIT POLICY AND ENTERPRISE RISK MANAGEMENT COMMITTEE, DEVELOPMENT COMMITTEE, AND FINANCE COMMITTEE. THE BOARD CHAIRPERSON SHALL BE THE CHAIRPERSON OF THE COMMITTEE. THE CHAIRPERSON SHALL PRESIDE AT MEETING OF THE COMMITTEE AND MAY INVITE VARIOUS OFFICERS OF CRF TO PARTICIPATE OR PROVIDE REPORTS ON AN OCCASIONAL OR STANDING BASIS TO THE COMMITTEE. THE COMMITTEE SHALL EXERCISE THE POWER AND AUTHORITY AS DELEGATED BY THE BOARD. AS PART OF THE COMMITTEE'S DELEGATED AUTHORITY TO SET THE COMPENSATION AND REVIEW THE PERFORMANCE OF THE PRESIDENT AND SUCH OTHER OFFICERS AS IT DEEMS APPROPRIATE, THE COMMITTEE IS RESPONSIBLE FOR SETTING THE INCENTIVE POOL THROUGH ITS REVIEW OF THE PERFORMANCE OF THE PRESIDENT IN ACCORDANCE WITH CRF'S COMPENSATION POLICY. |
| FORM 990, PART VI, SECTION A, LINE 7A | SUBSEQUENT TO THE INITIAL BOARD OF TRUSTEES, A MAJORITY OF THE BOARD SHALL CONSIST OF INDIVIDUALS APPOINTED OR ELECTED BY BENEFICIARY ORGANIZATIONS. AS PROVIDED IN THE ARTICLES OF INCORPORATION, THE CLASS OF BENEFICIARY ORGANIZATION SUPPORTED BY THE CORPORATION IS LIMITED TO LOCAL ECONOMIC DEVELOPMENT ORGANIZATIONS AND UNITS OF FEDERAL, STATE, COUNTY OR MUNICIPAL GOVERNMENT, OR DULY CONSTITUTED AGENCIES THEREOF, THAT FOCUS THEIR LENDING ACTIVITIES AT ECONOMICALLY DISTRESSED OR DECLINING AREAS, DISADVANTAGED PERSONS, NEIGHBORHOOD OR COMMUNITY REVITALIZATION, OR OTHER SECTION 501(C)(3) CHARITABLE PURPOSES AND THAT ARE CLASSIFIED AS SECTION 509(A)(1) OR (2) ORGANIZATIONS UNDER THE INTERNAL REVENUE CODE. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS REVIEWED IN DETAIL BY SENIOR MANAGEMENT BEFORE FILING WITH THE IRS. A FINAL COPY OF THE RETURN IS SENT TO THE BOARD FOR A HIGH LEVEL REVIEW PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | BECAUSE CRF IS A 509(A)(3) SUPPORTING ORGANIZATION, A MAJORITY OF THE GOVERNING BOARD COULD QUALIFY AS POTENTIAL CLIENTS. THE BOARD HAS CHOSEN NOT TO REVIEW INDIVIDUAL LOANS. AS A RESULT, THERE IS NO LONGER A POTENTIAL CONFLICT ISSUE IN THAT AREA. CERTAIN TRUSTEES ARE AFFILIATED WITH FINANCIAL INSTITUTIONS THAT MAY BE INVOLVED WITH A CRF TRANSACTION, AND IN THOSE CASES, THE TRUSTEE ABSTAINS FROM ANY RELATED VOTE. ALL TRUSTEES ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. ALL EMPLOYEES ARE ALSO COVERED UNDER A CONFLICT OF INTEREST POLICY AND ARE REQUIRED TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AS SOON AS POSSIBLE. TRUSTEE ANNUALLY AFFIRM CONFLICT OF INTEREST POLICY AND DUTY TO DISCLOSE AT EACH BOARD MEETING IF SUBJECT OF DISCUSSION OR DECISION IS POTENTIAL CONFLICT. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE BOARD HAS APPROVED A COMPENSATION POLICY TO SET THE FRAMEWORK FOR EXECUTIVE AND STAFF COMPENSATION BASED ON A STUDY PERFORMED BY AN INDEPENDENT COMPENSATION CONSULTANT. THE EXECUTIVE COMMITTEE OF BOARD APPROVES COMPENSATION FOR THE CEO BASED ON A COMPENSATION STUDY. THE EXECUTIVE COMMITTEE REVIEWS A COMPENSATION STUDY FOR SENIOR EXECUTIVES. THE MOST RECENT EXECUTIVE COMPENSATION STUDY WAS COMPLETED DURING FISCAL YEAR 2017. THE CEO APPROVES COMPENSATION FOR OTHER EXECUTIVE OFFICERS IN ACCORDANCE WITH THE COMPENSATION POLICY. COMPENSATION DECISIONS ARE DOCUMENTED WITH THE HUMAN RESOURCES DEPARTMENT. HUMAN RESOURCES WORKED WITH THE CEO, PRESIDENT AND A THIRD PARTY CONSULTANT TO BENCHMARK EMPLOYEE COMPENSATION TO INDUSTRY STANDARDS DURING FISCAL YEAR 2019. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | AGENT FEES: PROGRAM SERVICE EXPENSES 270,376. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 270,376. TEMPORARY EMPLOYEE CONSULTANTS: PROGRAM SERVICE EXPENSES 6,672,300. MANAGEMENT AND GENERAL EXPENSES 479,192. FUNDRAISING EXPENSES 43,322. TOTAL EXPENSES 7,194,814. PROFESSIONAL CONSULTANTS: PROGRAM SERVICE EXPENSES 1,305,118. MANAGEMENT AND GENERAL EXPENSES 3,981. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,309,099. BUSINESS SERVICES: PROGRAM SERVICE EXPENSES 400,196. MANAGEMENT AND GENERAL EXPENSES 486,965. FUNDRAISING EXPENSES 3,550. TOTAL EXPENSES 890,711. |
| FORM 990, PART XI, LINE 9: | CHANGE IN LCOM -2,529. ISSUANCE OF OPTION REWARDS 107,036. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (56 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 |
|---|---|---|---|---|---|---|---|---|---|
| CRF AFFORDABLE HOUSING NO 1 LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $3,153 | $1,565,042 | COMMUNITY REINVESTMENT FUND INC |
| CRF AFFORDABLE HOUSING NO 2 LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $94,367 | $5,240,365 | COMMUNITY REINVESTMENT FUND INC |
| CRF AFFORDABLE HOUSING NO 3 LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $122,591 | $11,990,239 | COMMUNITY REINVESTMENT FUND INC |
| CRF 18 LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | -$56,915 | $990,560 | COMMUNITY REINVESTMENT FUND INC |
| CRF 19 LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | -$380,075 | $1,043,078 | COMMUNITY REINVESTMENT FUND INC |
| CRF CHARTER SCHOOL INVESTOR LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF FUND MANAGEMENT SERVICES LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF HOLDINGS LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF AFFORDABLE HOUSING NO 3 GUARANTOR LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF SMALL BUSINESS LOAN COMPANY LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 475318624 | COMMUNITY DEVELOPMENT | DE | $7,118,115 | $194,315,036 | COMMUNITY REINVESTMENT FUND INC |
| CRF QI LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF DETROIT HOME MORTGAGE FUND (2016) LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | -$5,011 | $2,450,182 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF I GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF II GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XIII GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XIV GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XV GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XVI GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XVII GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XVIII GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XIX GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XX GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XXI GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XXII GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $5 | $9,225 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XXIII GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $5 | $523 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XXIV GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $34 | $1,250 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XXV GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $17 | $1,857 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XXVI GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $13 | $1,602 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XXVII GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $9 | $1,443 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XXVIII GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $10 | $814 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XXIX GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $10 | $862 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XXX GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $11 | $1,192 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XXXI GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $14 | $1,555 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XXXII GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $8 | $902 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XXXIII GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $15 | $468 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XXXIV GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $13 | $1,815 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XXXV GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XXXVI GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XXXVII GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XXXVIII GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XXXIX GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XL GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF BLC BETA GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF DHM DEVELOPER PROGRAM LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | -$1,200 | $1,200 | COMMUNITY REINVESTMENT FUND INC |
| CRF CSBRF LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $102,908 | $14,268,581 | COMMUNITY REINVESTMENT FUND INC |
| CRF CSBRF II LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $34,013 | $8,716,758 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XLI GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XLII GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XLIII GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XLIV GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XLV GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XLVI GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XLVII GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XLVIII GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF L GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
| CRF NNMTCF XLIX GP LLC | |||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMMUNITY DEVELOPMENT | DE | $0 | $0 | COMMUNITY REINVESTMENT FUND INC |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (10 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| CHICANOS POR LA CAUSA | ||||||||||
| 1112 E BUCKEYE RD | PHOENIX | AZ | 85034 | 860227210 | COMMUNITY DEVELOPMENT | AZ | 501(C)(3) | LINE 7 | N/A | 0 |
| CHICAGO COMMUNITY LOAN FUND | ||||||||||
| 29 E MADISON SUITE 1700 | CHICAGO | IL | 60602 | 363762123 | COMMUNITY DEVELOPMENT | IL | 501(C)(3) | LINE 7 | N/A | 0 |
| CAPITAL GOOD FUND | ||||||||||
| 22 A ST | PROVIDENCE | RI | 02907 | 800348382 | COMMUNITY DEVELOPMENT | RI | 501(C)(3) | LINE 10 | N/A | 0 |
| MILWAUKEE COMMUNITY BUSINESS COLLABORATIVE INC | ||||||||||
| 2821 WEL R PHILLIPS AVE SUITE 300 | MILWAUKEE | WI | 53212 | 463689224 | COMMUNITY DEVELOPMENT | WI | 501(C)(3) | LINE 7 | N/A | 0 |
| NEIGHBORHOOD LENDING PARTNERS INC | ||||||||||
| 3615 W SPRUCE ST | TAMPA | FL | 33607 | 010581489 | COMMUNITY DEVELOPMENT | FL | 501(C)(3) | LINE 10 | N/A | 0 |
| OPA-LOCKA COMMUNITY DEVELOPMENT CORPORATION | ||||||||||
| 490 OPA-LOCKA BLVD | OPALOCKA | FL | 33054 | 592106635 | COMMUNITY DEVELOPMENT | FL | 501(C)(3) | LINE 7 | N/A | 0 |
| TENDERLOIN NEIGHBORHOOD DEVELOPMENT CORPORATION | ||||||||||
| 201 EDDY ST | SAN FRANCISCO | CA | 94102 | 942761808 | COMMUNITY DEVELOPMENT | CA | 501(C)(3) | LINE 10 | N/A | 0 |
| INVEST DETROIT FOUNDATION | ||||||||||
| 600 RENAISSANCE CENTER NO 1710 | DETROIT | MI | 48243 | 271927369 | COMMUNITY DEVELOPMENT | MI | 501(C)(3) | LINE 7 | N/A | 0 |
| OWEESTA CORPORATION | ||||||||||
| 2432 MAIN STREET 1ST FLOOR | LONGMONT | CO | 80501 | 541970097 | COMMUNITY DEVELOPMENT | CO | 501(C)(3) | LINE 10 | N/A | 0 |
| PROSPERITY NOW | ||||||||||
| 1200 G ST NW 400 | WASHINGTON | DC | 20005 | 521141804 | COMMUNITY DEVELOPMENT | DC | 501(C)(3) | LINE 7 | N/A | 0 |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (41 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Predominant Income TypePredominantIncomeTypeTxt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BUSINESS LOAN CONDUIT NO 13 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 271656519 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 0.00010 | ||
| BUSINESS LOAN CONDUIT NO 14 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 271656570 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 0.00010 | ||
| BUSINESS LOAN CONDUIT NO 15 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 271656714 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 0.00010 | ||
| BUSINESS LOAN CONDUIT NO 16 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 271656769 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 0.00010 | ||
| BUSINESS LOAN CONDUIT NO 18 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 452934614 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 0.00010 | ||
| BUSINESS LOAN CONDUIT NO 19 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 452934736 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | 0 | 0.00010 | ||
| BUSINESS LOAN CONDUIT NO 20 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 452934835 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 0.00010 | ||
| BUSINESS LOAN CONDUIT NO 21 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 452934956 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 0.00010 | ||
| BUSINESS LOAN CONDUIT NO 22 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 452935036 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 0.00010 | $5 | $9,225 |
| BUSINESS LOAN CONDUIT NO 23 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 461414743 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 0.00010 | $5 | $523 |
| BUSINESS LOAN CONDUIT NO 24 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 461420143 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 0.00010 | $34 | $1,250 |
| BUSINESS LOAN CONDUIT NO 25 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 461440227 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 0.00010 | $17 | $1,857 |
| BUSINESS LOAN CONDUIT NO 26 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 461450685 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 0.00010 | $13 | $1,602 |
| BUSINESS LOAN CONDUIT NO 27 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 461458369 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 0.00010 | $9 | $1,443 |
| BUSINESS LOAN CONDUIT NO 28 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 461467262 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 0.00010 | $10 | $814 |
| BUSINESS LOAN CONDUIT NO 29 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 461477071 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 0.00010 | $10 | $862 |
| BUSINESS LOAN CONDUIT NO 30 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 461486451 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 0.00010 | $11 | $1,192 |
| BUSINESS LOAN CONDUIT NO 31 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 813617299 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 0.00010 | $14 | $1,555 |
| BUSINESS LOAN CONDUIT NO 32 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 813634010 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 0.00010 | $8 | $902 |
| BUSINESS LOAN CONDUIT NO 33 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 813647185 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 0.00010 | $15 | $468 |
| BUSINESS LOAN CONDUIT NO 34 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 813661131 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 0.00010 | $13 | $1,815 |
| BUSINESS LOAN CONDUIT NO 35 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 813674447 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 1.00000 | ||
| BUSINESS LOAN CONDUIT NO 36 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 813686854 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 1.00000 | ||
| BUSINESS LOAN CONDUIT NO 37 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 813703301 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 1.00000 | ||
| BUSINESS LOAN CONDUIT NO 38 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 813725330 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 1.00000 | ||
| BUSINESS LOAN CONDUIT NO 39 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 813749405 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 1.00000 | ||
| BUSINESS LOAN CONDUIT NO 40 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 813765932 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 1.00000 | ||
| BUSINESS LOAN CONDUIT NO 41 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 870879735 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 1.00000 | ||
| BUSINESS LOAN CONDUIT NO 42 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 870903997 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 1.00000 | ||
| BUSINESS LOAN CONDUIT NO 43 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 870926307 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 1.00000 | ||
| BUSINESS LOAN CONDUIT NO 44 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 870965807 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 1.00000 | ||
| BUSINESS LOAN CONDUIT NO 45 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 870983644 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 1.00000 | ||
| BUSINESS LOAN CONDUIT NO 46 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 871024794 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 1.00000 | ||
| BUSINESS LOAN CONDUIT NO 47 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 871043600 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 1.00000 | ||
| BUSINESS LOAN CONDUIT NO 48 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 871056855 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 1.00000 | ||
| BUSINESS LOAN CONDUIT NO 49 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 871078384 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | 1.00000 | ||
| BUSINESS LOAN CONDUIT NO 50 LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 871106150 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | 0 | 1.00000 | ||
| CHASE NMTC HONEYWELL INVESTMENT FUND LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 455306999 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | |||
| CHASE NMTC PAVE INVESTMENT FUND LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 800809242 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | |||
| CHASE NMTC RESURRECTION UNIVERSITY INVESTMENT FUND LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 453420587 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | |||
| GDP-NNMTCF INVESTMENT FUND LLC | |||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 461401855 | COMMUNITY DEVELOPMENT | DE | COMMUNITY REINVESTMENT FUND | RELATED | 0 | Yes (1) | |||
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NATIONAL NEW MARKET TAX CREDIT | ||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 753013049 | URBAN DEVELOPMENT | DE | CRF INC | C | 1.00000 | Yes (1) | ||
| IGNIFY TECHNOLOGIES INC | ||||||||||||
| 801 NICOLLET MALL SUITE 1700W | MINNEAPOLIS | MN | 55402 | 853604884 | SOFTWARE AS A SERVICE | DE | CRF INC | C | 1.00000 | Yes (1) | $6,933,288 | $13,629,187 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | 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 | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | 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 | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| IGNIFY TECHNOLOGIES INC | ||
| L | $10,863 | ARMS-LENGTH |
| IGNIFY TECHNOLOGIES INC | ||
| M | $954,484 | ARMS-LENGTH |
| IGNIFY TECHNOLOGIES INC | ||
| J | $7,432 | ARMS-LENGTH |