IDAHO COMMUNITY REINVESTMENT CORPORATION: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: IDAHO COMMUNITY REINVESTMENT CORPORATION (EIN 82-0461980)
Tax period: 2020-05-01 to 2021-04-30
Filed: 2022-03-11
IRS object ID: 202220709349301227
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 D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-03-11T18:13:20-06:00	ReturnTs
Tax Period End	2021-04-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	450250958	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Eide Bailly LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	800 Nicollet Mall Ste 1300	AddressLine1Txt
City	Minneapolis	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	554027033	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2020-05-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	820461980	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Idaho Community Reinvestment Corporation	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	IDAH	BusinessNameControlTxt
Phone	2088696890	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 2002	AddressLine1Txt
City	Boise	CityNm
State Abbreviation	ID	StateAbbreviationCd
ZIP	837012002	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Matthew E Gilgen	PersonNm
Person Title	President	PersonTitleTxt
Phone	2088507893	PhoneNum
Signature	2022-03-11	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	Matthew	PersonFirstNm
Person Last	Gilgen	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Kim Hunwardsen CPA	PreparerPersonNm
PTIN	P00484560	PTIN
Phone	6122536500	PhoneNum
Preparation	2022-03-11	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	Matthew E Gilgen	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 2002	AddressLine1Txt
City	Boise	CityNm
State Abbreviation	ID	StateAbbreviationCd
ZIP	837012002	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$743,744	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1993	FormationYr
Legal Domicile State	ID	LegalDomicileStateCd
Activity Or Mission	To provide financing and technical assistance to facilitate development of affordable housing	ActivityOrMissionDesc
Voting Members Governing Body	11	VotingMembersGoverningBodyCnt
Voting Members Independent	11	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	12	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$824,715	PYProgramServiceRevenueAmt
CY Program Service Revenue	$739,108	CYProgramServiceRevenueAmt
PY Investment Income	$8,856	PYInvestmentIncomeAmt
CY Investment Income	$4,636	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$833,571	PYTotalRevenueAmt
CY Total Revenue	$743,744	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	$0	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$22,650	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$773,876	PYOtherExpensesAmt
CY Other Expenses	$712,491	CYOtherExpensesAmt
PY Total Expenses	$773,876	PYTotalExpensesAmt
CY Total Expenses	$735,141	CYTotalExpensesAmt
PY Revenues Less Expenses	$59,695	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$8,603	CYRevenuesLessExpensesAmt
Total Assets BOY	$14,035,686	TotalAssetsBOYAmt
Total Assets EOY	$14,306,833	TotalAssetsEOYAmt
Total Liabilities BOY	$12,699,124	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$12,961,668	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$1,336,562	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$1,345,165	NetAssetsOrFundBalancesEOYAmt
Mission	The corporation shall exist to provide financing and technical assistance to facilitate development and preservation of affordable housing in the State of Idaho and to otherwise support community development and redevelopment needs.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$663,270	ExpenseAmt
Revenue	$739,108	RevenueAmt
Desc	Since inception, ICRC has provided long-term financing and related refinancing activities for 2,093 multi-family affordable housing units in the State of Idaho. The primary focus for these units is for tenants earning from 30% to 60% of the area median income. ICRC's primary mission is providing financing to support affordable housing by actively marketing competitive loan products to encourage developers to provide multifamily and senior affordable housing in Idaho. The ongoing Covid-19 pandemic did not have any material impact on the operations of ICRC.	Desc
Total Program Service Expenses	$663,270	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	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	Yes (1)	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	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	0	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	0	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	3	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	0	EmployeeCnt
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	11	GoverningBodyVotingMembersCnt
Independent Voting Member	11	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	0	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

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

Field	Value	IRS element (for citing)
Phone	2088696890	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1385 Pioneer Rd	AddressLine1Txt
City	Weiser	CityNm
State Abbreviation	ID	StateAbbreviationCd
ZIP	83672	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
Matthew Gilgen
President	2.00	Yes (X)	Yes (X)	$0	$0	$0
Jeffrey Jones
Vice President/Audit Committee Chair	1.00	Yes (X)	Yes (X)	$0	$0	$0
Michael Trueba
Secretary/Treasurer	1.00	Yes (X)	Yes (X)	$0	$0	$0
Deanna Watson
Immediate Past President	1.00	Yes (X)	Yes (X)	$0	$0	$0
Bryan Churchill
Loan Committee Chair	2.00	Yes (X)	Yes (X)	$0	$0	$0
James Allen
Director (Until 10/2020)	0.30	Yes (X)		$0	$0	$0
Jane Pavek
Director	0.30	Yes (X)		$0	$0	$0
Mike Morrison
Director	0.30	Yes (X)		$0	$0	$0
Lisa Stoddard
Director	0.30	Yes (X)		$0	$0	$0
David Frew
Director (From 10/2020)	0.30	Yes (X)		$0	$0	$0
Mike Sautebin
Director	0.30	Yes (X)		$0	$0	$0
Sunny Shaw
Director	0.30	Yes (X)		$0	$0	$0
Matthew T Fast
Executive Director (From 10/2020)	10.00		Yes (X)	$6,525	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$6,525	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Loan Interest Income	522291	$662,010	$662,010
Loan & Servicing Fees	522291	$69,181	$69,181
Penalties and Late Fee	522291	$7,917	$7,917

Field	Value	IRS element (for citing)
Total Program Service Revenue	$739,108	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$4,636	TotalRevenueColumnAmt
Exclusion	$4,636	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$743,744	TotalRevenueColumnAmt
Related Or Exempt Func Income	$739,108	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$4,636	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$22,650	TotalAmt
Management And General	$22,650	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$15,910	TotalAmt
Management And General	$15,910	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,694	TotalAmt
Management And General	$1,694	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$633,784	TotalAmt
Program Services	$633,784	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$5,347	TotalAmt
Management And General	$5,347	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
Loan Servicing Costs	$29,486	$29,486
Loan Portfolio Monitor	$26,270		$26,270

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$735,141	TotalAmt
Program Services	$663,270	ProgramServicesAmt
Management And General	$71,871	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$448,238	BOYAmt
EOY	$558,423	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$910,485	BOYAmt
EOY	$812,558	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$12,613,874	BOYAmt
EOY	$12,874,338	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$63,089	BOYAmt
EOY	$61,514	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$14,035,686	BOYAmt
EOY	$14,306,833	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$2,470	BOYAmt
EOY	$4,911	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$12,632,222	BOYAmt
EOY	$12,893,681	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$64,432	BOYAmt
EOY	$63,076	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$12,699,124	BOYAmt
EOY	$12,961,668	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	$1,336,562	BOYAmt
EOY	$1,345,165	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,336,562	BOYAmt
EOY	$1,345,165	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$14,035,686	BOYAmt
EOY	$14,306,833	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$8,603	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	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)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

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)
Publicly Supported Org509a2	Yes (X)	PubliclySupportedOrg509a2Ind

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,171,569	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,094,262	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,031,221	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$824,715	CurrentTaxYearMinus1YearAmt
Current Tax Year	$739,108	CurrentTaxYearAmt
Total	$4,860,875	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,171,569	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,094,262	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,031,221	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$824,715	CurrentTaxYearMinus1YearAmt
Current Tax Year	$739,108	CurrentTaxYearAmt
Total	$4,860,875	TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$4,860,875	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$3,122	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,724	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$5,681	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$8,856	CurrentTaxYearMinus1YearAmt
Current Tax Year	$4,636	CurrentTaxYearAmt
Total	$26,019	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$3,122	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,724	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$5,681	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$8,856	CurrentTaxYearMinus1YearAmt
Current Tax Year	$4,636	CurrentTaxYearAmt
Total	$26,019	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,174,691	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,097,986	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,036,902	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$833,571	CurrentTaxYearMinus1YearAmt
Current Tax Year	$743,744	CurrentTaxYearAmt
Total	$4,886,894	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.99470	PublicSupportCY509Pct
Public Support PY509	0.99560	PublicSupportPY509Pct
Investment Income CY	0.00530	InvestmentIncomeCYPct
Investment Income PY	0.00440	InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$0	TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (2 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
Real Estate Loans Receivable	$12,864,552	C
Infrastructure Loans Receivable	$9,786	C

Field	Value	IRS element (for citing)
Total Book Value Program Rltd	$12,874,338	TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
Servicing Fee Payable	$2,157
Interest Payable	$60,919

Field	Value	IRS element (for citing)
Total Liability	$63,076	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$743,744	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$743,744	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$743,744	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$735,141	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$735,141	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$735,141	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Part X, Line 2:	FormAndLineReferenceDesc
Explanation	Management believes that the Corporation has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the consolidated financial statements. The Corporation would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Section A, line 1	The governing body delegates broad authority to the Executive Committee for the daily operational management of the organization. The Executive Committee consists of the President, Vice President, Secretary/Treasurer, Audit Chair, and Executive Director. Authorization to commit loans to developers is the responsibility of the Loan Committee.
Form 990, Part VI, Section A, line 6	The organization has one class of members.
Form 990, Part VI, Section A, line 7a	The member financial institutions elect the members of the Board of Directors. Voting power is weighted annually depending on the percentage of Idaho domestic deposit accounts each member reports to the FDIC as of June 30.
Form 990, Part VI, Section A, line 7b	Written member approval is required for amendments to certain definitions, commitments to fund loans, consent to be bound by the bylaws, and amendments to the consent section.
Form 990, Part VI, Section B, line 11b	The Vice President/Audit Committee Chair of ICRC, Jeffrey Jones, will email the entire completed Form 990 to the Board of Directors for review prior to its filing by Eide Bailly, with a request that board members respond within 5 business days if they have questions or concerns.
Form 990, Part VI, Section B, line 12c	The conflict of interest policy covers current board members, officers, and loan committee members. If a conflict arises during the year, it is addressed at a board meeting. If it needs immediate attention, the Executive Director handles it. If the employer of a loan committee member is financing the construction portion of a developer loan, that member abstains from voting on the ICRC loan.
Form 990, Part VI, Section B, line 15a	Compensation for the Executive Director position is set by the Executive Committee and reviewed on an annual basis. ICRC relies on the Executive Committee's experience in the banking and non-profit industries to determine reasonableness of compensation for the Executive Director position.
Form 990, Part VI, Section C, line 19	The Organization's Articles of Incorporation are filed with the Idaho Secretary of State. Other documents are available upon request.