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GREAT RIVERS COMMUNITY TR: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
GREAT RIVERS COMMUNITY TR (EIN 43-1925293)
Tax period
2020-04-01 to 2021-03-31
Filed
2022-01-13
IRS object ID
202230139349301508
Schema version
2020v4.1
Source
Download XML · Original 990 at ProPublica

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

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-01-13T14:23:35-06:00ReturnTs
Tax Period End2021-03-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521446779PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JOHNSON LAMBERT LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14242 SIX FORKS ROAD SUITE 1500AddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27609ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-04-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN431925293EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GREAT RIVERS COMMUNITY TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGREABusinessNameControlTxt
Phone8127640097PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line133 S CHESAPEAKE WAYAddressLine1Txt
CityZEBULONCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27597ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOYCE KLEINPersonNm
Person TitleBOARD CHAIRPersonTitleTxt
Phone8127640097PhoneNum
Signature2022-01-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJOYCEPersonFirstNm
Person LastKLEINPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJ CALVIN MARKSPreparerPersonNm
PTINP01226973PTIN
Phone9197196400PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1EBA FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerROBERT BOYLEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line133 S CHESAPEAKE WAYAddressLine1Txt
CityZEBULONCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27597ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,957,436GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2001FormationYr
Legal Domicile StateMOLegalDomicileStateCd
Activity Or MissionTO SUPPORT COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) THROUGH THE CREATION AND ONGOING DEVELOPMENT OF A SECONDARY MARKET FOR CDFI SMALL BUSINESS LOANS. TO EXERCISE ANY, ALL AND EVERY LAWFUL POWER OF A NONPROFIT CORPORATION ORGANIZED UNDER MISSOURI LAW; PROVIDED, HOWEVER, THAT NOTHING HEREIN SHALL BE CONSTRUED TO GIVE THE CORPORATION ANY PURPOSE THAT IS NOT PERMITTED UNDER INTERNAL REVENUE CODE SECTION 501(C)(3).ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$3,806,227CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$26,743CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$124,466CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$0PYTotalRevenueAmt
CY Total Revenue$3,957,436CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$62,812CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$7,451CYTotalFundraisingExpenseAmt
PY Other Expenses$0PYOtherExpensesAmt
CY Other Expenses$377,673CYOtherExpensesAmt
PY Total Expenses$0PYTotalExpensesAmt
CY Total Expenses$440,485CYTotalExpensesAmt
PY Revenues Less Expenses$0PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$3,516,951CYRevenuesLessExpensesAmt
Total Assets BOY$16,127TotalAssetsBOYAmt
Total Assets EOY$3,326,063TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$18,495TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$16,127NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,307,568NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO SUPPORT COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) THROUGH THE CREATION AND ONGOING DEVELOPMENT OF A SECONDARY MARKET FOR CDFI SMALL BUSINESS LOANS. TO EXERCISE ANY, ALL AND EVERY LAWFUL POWER OF A NONPROFIT CORPORATION ORGANIZED UNDER MISSOURI LAW; PROVIDED, HOWEVER, THAT NOTHING HEREIN SHALL BE CONSTRUED TO GIVE THE CORPORATION ANY PURPOSE THAT IS NOT PERMITTED UNDER INTERNAL REVENUE CODE SECTION 501(C)(3).MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$390,338ExpenseAmt
Grant$62,812GrantAmt
Revenue$7,993RevenueAmt
DescGRCT PROVIDES TECHNICAL ASSISTANCE AND CAPITAL TO NONPROFIT CDFIS TO HELP THEM ORIGINATE MORE SMALL BUSINESS LOANS UNDER $50,000 IN SIZE TO BORROWERS WHO LACK ACCESS TO TRADITIONAL BANK LOANS, PARTICULARLY ENTREPRENEURS OF COLOR AND WOMEN ENTREPRENEURS IN LOW-TO-MODERATE INCOME CENSUS TRACTS AND WITH UNDER $1 MILLION OF GROSS ANNUAL REVENUE.Desc
Total Program Service Expenses$390,338TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BRETT SIMMONSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8127640097PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line133 S CHESAPEAKE WAYAddressLine1Txt
CityZEBULONCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27597ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
SHERI FLANIGAN-VASQUEZ
CHIEF OPERATING OFFICER (TO APR '20)1.0040.00Yes (X)$0$195,200$23,884
ROBERT BOYLE
CHIEF EXECUTIVE OFFICER (TO APR '20)1.0040.00Yes (X)$0$120,200$11,180
EDDIE DAVIS
BOARD PRESIDENT (TO APR '20)3.00Yes (X)$0$0$0Yes (X)
JOYCE KLEIN
CHAIR (FROM APR '20)3.00Yes (X)$0$0$0Yes (X)
ANDREA LEVERE
VICE CHAIR (FROM APR '20)3.00Yes (X)$0$0$0Yes (X)
ALLAN IVIE
TREASURER (TO APR '20)3.00Yes (X)$0$0$0Yes (X)
ROBERT VILLARREAL
TREASURER (FROM APR '20)3.00Yes (X)$0$0$0Yes (X)
ROCHELLE BEA
SECRETARY (TO APR '20)2.00Yes (X)$0$0$0Yes (X)
HAROLD PETTIGREW
SECRETARY (FROM APR '20)2.00Yes (X)$0$0$0Yes (X)
DEBORAH JAMES
BOARD MEMBER (TO APR '20)2.00$0$0$0Yes (X)
FRANCISCO LOPEZ
BOARD MEMBER (FROM MAR '21)2.00$0$0$0Yes (X)
KEITH WILLY
BOARD MEMBER (TO APR '20)2.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$315,400TotReportableCompRltdOrgAmt
Total Other Compensation$35,064TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1REVOLVE ASSET MANAGEMENTBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line133 S CHESAPEAKE WAYAddressLine1Txt
CityZEBULONCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27597ZIPCd
FieldValueIRS element (for citing)
ServicesASSET MANAGEMENT SERVICESServicesDesc
Compensation$277,135CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$3,806,227AllOtherContributionsAmt
Total Contributions$3,806,227TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescFEE INCOMEDesc
Total Revenue Column$26,743TotalRevenueColumnAmt
Related Or Exempt Func Income$26,743RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$26,743TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$124,466TotalRevenueColumnAmt
Related Or Exempt Func Income$124,466RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,957,436TotalRevenueColumnAmt
Related Or Exempt Func Income$151,209RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$62,812TotalAmt
Program Services$62,812ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$20,196TotalAmt
Program Services$10,098ProgramServicesAmt
Management And General$10,098ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$24,000TotalAmt
Management And General$24,000ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$301,100TotalAmt
Program Services$287,244ProgramServicesAmt
Management And General$6,928ManagementAndGeneralAmt
Fundraising$6,928FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$9,956TotalAmt
Program Services$8,968ProgramServicesAmt
Management And General$988ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$435TotalAmt
Program Services$435ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$20,919TotalAmt
Program Services$19,873ProgramServicesAmt
Management And General$523ManagementAndGeneralAmt
Fundraising$523FundraisingAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescTAXES & LICENSESDesc
Total$635TotalAmt
Program Services$476ProgramServicesAmt
Management And General$159ManagementAndGeneralAmt

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$432TotalAmt
Program Services$432ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$440,485TotalAmt
Program Services$390,338ProgramServicesAmt
Management And General$42,696ManagementAndGeneralAmt
Fundraising$7,451FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$16,127BOYAmt
EOY$692,958EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$918,297EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$129,342EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$1,566,302EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$19,164EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$16,127BOYAmt
EOY$3,326,063EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
EOY$18,495EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$18,495EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$16,127BOYAmt
EOY$2,953,540EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
EOY$354,028EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$16,127BOYAmt
EOY$3,307,568EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$16,127BOYAmt
EOY$3,326,063EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$3,516,951ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$16,127PriorPeriodAdjustmentsAmt
Other Changes In Net Assets-$209,383OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$3,806,227CurrentTaxYearAmt
Total$3,806,227TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year$26,743CurrentTaxYearAmt
Total$26,743TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year$3,832,970CurrentTaxYearAmt
Total$3,832,970TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$3,832,970PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year$124,466CurrentTaxYearAmt
Total$124,466TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year$124,466CurrentTaxYearAmt
Total$124,466TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year$3,957,436CurrentTaxYearAmt
Total$3,957,436TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.96850PublicSupportCY509Pct
Investment Income CY0.03150InvestmentIncomeCYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART III:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION CHANGED ITS ACCOUNTING PERIOD FROM A CALENDAR YEAR-END TO A FISCAL YEAR-END FOR THE PERIOD ENDING MARCH 31, 2020. THEREFORE, COLUMN D (2019) REPRESENTS THE SHORT PERIOD ENDING MARCH 31, 2020 AND COLUMN E (2020) REPRESENTS THE ENTIRE FISCAL YEAR ENDING MARCH 31, 2021.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$4,058,605TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$101,169DonatedServicesAndUseFcltsAmt
Revenue Not Reported$101,169RevenueNotReportedAmt
Revenue Subtotal$3,957,436RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,957,436TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$751,037TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$101,169DonatedServicesUseFcltsAmt
Other Expenses Included$209,383OtherExpensesIncludedAmt
Expenses Not Reported$310,552ExpensesNotReportedAmt
Expenses Subtotal$440,485ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$440,485TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:MANAGEMENT BELIEVES THERE ARE NO UNCERTAIN TAX POSITIONS AS OF MARCH 31, 2021.
PART XII, LINE 2D - OTHER ADJUSTMENTS:PROVISION FOR LOAN LOSS RESERVE 209,383.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
WOMENVENTURE
2021 EAST HENNEPIN AVE 200MINNEAPOLISMN55413411463426501(C)(3)$33,750GENERAL SUPPORT
ALLIES FOR COMMUNITY BUSINESS
135 N KEDZIE AVECHICAGOIL60612363966573501(C)(3)$15,000GENERAL SUPPORT
ASCENDUS INC
80 MAIDEN LANE SUITE 903NEW YORK CITYNY10038113317234501(C)(3)$14,062GENERAL SUPPORT
FieldValueIRS element (for citing)
Total501c3 Org3Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationBEFORE ADDING NEW PARTNER CDFIS, EBA FUND REVIEWS THE FINANCIAL STABILITY, LOAN APPROVAL PROCESS, COMPLIANCE, AND SERVICING OF EACH CDFI. IN ADDITION, EBA FUND REVIEWS THE LAST 3 YEARS OF MISSION IMPACT PERFORMANCE TO ENSURE THAT THE LENDER SERVES A HIGH PROPORTION OF ENTREPRENEURS OF COLOR, WOMEN ENTREPRENEURS, LOW-TO-MODERATE INCOME BORROWERS, BUSINESSES WITH UNDER $1 MILLION GROSS ANNUAL REVENUE, AND BUSINESSES LOCATED IN LOW-TO-MODERATE INCOME CENSUS TRACTS. EACH CDFIS' PERFORMANCE IS COMPARED WITH LOCAL BENCHMARKS TO ENSURE THE CDFI HAS STRONG MISSION PERFORMANCE. A FINAL MEMO ON EACH CDFI IS THEN PRESENTED TO EBA FUND BOARD OF TRUSTEES FOR FINAL APPROVAL OF THE PARTNERSHIP. AT THAT TIME, NEW CDFIS ARE ELIGIBLE TO WORK WITH EBA FUND AND SUBSEQUENTLY RECEIVED UNRESTRICTED GRANT DONATIONS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonSHERI FLANIGAN-VASQUEZPersonNm
TitleCHIEF OPERATING OFFICER (TO APR '20)TitleTxt
Base Compensation Filing Org$0BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$195,200CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$23,884NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$0TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$219,084TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3THE BOARD OF DIRECTORS OF GREAT RIVERS COMMUNITY TRUST HAS CONTRACTED WITH REVOLVE ASSET MANAGEMENT TO CARRY OUT VARIOUS MANAGEMENT DUTIES AT THE STRATEGIC DIRECTION OF THE BOARD.
FORM 990, PART VI, SECTION A, LINE 4THE BYLAWS WERE ENTIRELY UPDATED BY THE NEW BOARD ON MAY 4TH, 2020. PRIMARY CHANGES WERE TO THE PRINCIPAL OFFICE, FOCUSING THE ORGANIZATIONAL MISSION ON WORKING WITH NON-PROFIT COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS, CHANGING THE CADENCE OF MEETINGS, AND GETTING RID OF CERTAIN STANDING COMMITTEES. THE FISCAL YEAR WAS ALSO CHANGED. IN OCTOBER, 2020 SECTION 7: "NON-DISCRIMINATION" WAS UPDATED. THE ARTICLES OF THE ORGANIZATION WERE CHANGED IN DECEMBER TO REFLECT THE PURPOSE CHANGE IN THE BYLAWS. GIVEN THE NEED TO SUBMIT THE ARTICLE CHANGES TO A CIRCUIT COURT, THESE CHANGES WERE NOT FINALIZED UNTIL 5/24/21.
FORM 990, PART VI, SECTION B, LINE 11BGREAT RIVERS COMMUNITY TRUST'S 990 IS FIRST REVIEWED BY THE CONTROLLER AND THE CHIEF OPERATING OFFICER ("COO"). ONCE THE COO APPROVES THE 990, IT IS THEN PRESENTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL. LASTLY, THE CHIEF EXECUTIVE OFFICER ("CEO") REVIEWS THE 990. ONCE THE CEO APPROVES THE 990, IT IS SIGNED AND THE ORGANIZATION'S ACCOUNTANTS ARE NOTIFIED OF THE CONSENT TO FILE THE FORM.
FORM 990, PART VI, SECTION B, LINE 12CSENIOR MANAGEMENT REVIEWS THE APPLICATION OF THE CONFLICT OF INTEREST POLICY ON ANY REAL OR PERCEIVED ISSUES THAT OCCURRED DURING THE YEAR. THE APPROPRIATENESS OF THE POLICY IS DISCUSSED WITH ATTENTION TO THE REQUIREMENTS BY FUNDING SOURCES AND MODIFICATIONS MADE. IF NECESSARY, ALL MODIFICATIONS ARE PRESENTED FOR BOARD APPROVAL. THE BOARD OF DIRECTORS SIGNS A STATEMENT YEARLY THAT CONFIRMS THAT THEY HAVE READ AND ARE STILL FOLLOWING THE POLICY.
FORM 990, PART VI, SECTION C, LINE 19GREAT RIVERS COMMUNITY TRUST MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY PROVIDING COPIES TO THOSE WHO REQUEST THE AFOREMENTIONED DOCUMENTS
FORM 990, PART IX, LINE 11GCONTRACTORS: PROGRAM SERVICE EXPENSES 263,278. MANAGEMENT AND GENERAL EXPENSES 6,928. FUNDRAISING EXPENSES 6,928. TOTAL EXPENSES 277,134. LENDER SERVICING: PROGRAM SERVICE EXPENSES 23,966. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,966.
FORM 990, PART XI, LINE 9:PROVISION FOR LOAN LOSS RESERVE -209,383.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1JUSTINE PETERSEN HOUSING AND REINVESTMENT CORPORATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11023 N GRAND BLVDAddressLine1Txt
CitySAINT LOUISCityNm
State AbbreviationMOStateAbbreviationCd
ZIP63106ZIPCd
FieldValueIRS element (for citing)
EIN431769074EIN
Primary ActivitiesTO PROMOTE HOUSING, SAVINGS & ECONOMIC DEVEL OF LOW & MODERATE INC FAMILIESPrimaryActivitiesTxt
Legal Domicile StateMOLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 9PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1JUSTINE PETERSEN HOUSING & REINVESTMENT CORPORATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Unrelated Org Txbl Partnership UnrelatedOrgTxblPartnershipGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EBA FUND 2021 LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1223 S WEST STAddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27603ZIPCd
FieldValueIRS element (for citing)
EIN862048434EIN
Primary ActivitiesCOMMUNITY LENDINGPrimaryActivitiesTxt
Legal Domicile StateNCLegalDomicileStateCd
Predominate IncomeRELATEDPredominateIncomeDesc
All Partners C3 S0AllPartnersC3SInd
Share Of Total Income$0ShareOfTotalIncomeAmt
Share Of EOY Assets$1,000,000ShareOfEOYAssetsAmt
Disproportionate Allocations0DisproportionateAllocationsInd
General Or Managing Partner0GeneralOrManagingPartnerInd
Ownership0.51000OwnershipPct