OPPORTUNITY FINANCE NETWORK: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- OPPORTUNITY FINANCE NETWORK (EIN 20-5189202)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-08-04
- IRS object ID
- 202242169349300904
- Schema version
- 2021v4.2
- 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 | 2022-08-04T08:46:05-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 132781641 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MITCHELL & TITUS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 PINE STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 205189202 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OPPORTUNITY FINANCE NETWORK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | OPPO | BusinessNameControlTxt |
| Phone | 2153204317 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 123 S BROAD STREET SUITE 1930 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19109 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BETH LIPSON | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 2153204317 | PhoneNum |
| Signature | 2022-08-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | BETH | PersonFirstNm |
| Person Last | LIPSON | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | FREDERICK E DAVIS JR | PreparerPersonNm |
| PTIN | P00446023 | PTIN |
| Phone | 2157654600 | PhoneNum |
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 | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | BETH LIPSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 123 S BROAD STREET SUITE 1930 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19109 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $52,021,160 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.OFN.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2006 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | OPPORTUNITY FINANCE NETWORK'S (OFN) MISSION IS TO LEAD COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) AND THEIR PARTNERS TO ENSURE THAT LOW-INCOME, LOW-WEALTH, AND OTHER DISINVESTED PEOPLE AND COMMUNITIES HAVE ACCESS TO AFFORDABLE, RESPONSIBLE FINANCIAL PRODUCTS AND SERVICES. OFN IS A NATIONAL LEADERSHIP NETWORK OF MORE THAN 350 CDFIS, INCLUDING COMMUNITY BANKS, CREDIT UNIONS, AND LOAN FUNDS. OFN, THROUGH ITS MEMBERS, INVEST IN LOW-INCOME AND UNDERSERVED RURAL, URBAN, AND NATIVE AMERICAN COMMUNITIES ACROSS ALL 50 STATES IN AMERICA; PROVIDING AFFORDABLE, RESPONSIBLE CREDIT THAT FINANCES COMMUNITY BUSINESSES, SPARKS JOB GROWTH IN THE AREAS THAT NEED IT MOST, AND DELIVERING BOTH SOUND FINANCIAL RETURNS AND REAL CHANGES FOR PEOPLE AND COMMUNITIES. OFN'S PROGRAM AND SERVICES INCLUDES PROVIDING FINANCIAL PRODUCTS AND SERVICES FOR CDFIS, INCREASING THE STRENGTH AND CAPACITY OF THE CDFI INDUSTRY, AS WELL AS AMPLIFYING THE VOICE OF THE INDUSTRY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 43 | TotalEmployeeCnt |
| Total Volunteers | 11 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $21,794,850 | PYContributionsGrantsAmt |
| CY Contributions Grants | $42,845,699 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $8,745,438 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $8,858,742 | CYProgramServiceRevenueAmt |
| PY Investment Income | $303,288 | PYInvestmentIncomeAmt |
| CY Investment Income | $316,719 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $30,843,576 | PYTotalRevenueAmt |
| CY Total Revenue | $52,021,160 | 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 | $5,235,226 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,651,531 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $405,412 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $18,835,541 | PYOtherExpensesAmt |
| CY Other Expenses | $16,440,871 | CYOtherExpensesAmt |
| PY Total Expenses | $24,070,767 | PYTotalExpensesAmt |
| CY Total Expenses | $22,092,402 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,772,809 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $29,928,758 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $189,426,198 | TotalAssetsBOYAmt |
| Total Assets EOY | $225,364,675 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $124,106,412 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $124,638,231 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $65,319,786 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $100,726,444 | NetAssetsOrFundBalancesEOYAmt |
| Mission | OFN'S MISSION IS TO LEAD CDFIS AND THEIR PARTNERS TO ENSURE THAT LOW-INCOME, LOW-WEALTH, AND OTHER DIVESTED PEOPLE AND COMMUNITIES HAVE ACCESS TO AFFORDABLE, RESPONSIBLE FINANCIAL PRODUCTS AND SERVICES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $14,245,617 | ExpenseAmt |
| Revenue | $46,957,359 | RevenueAmt |
| Desc | FINANCIAL SERVICES: EXPANDING ACCESS TO RESPONSIBLE, AFFORDABLE CAPITAL.FINANCIAL SERVICES INCLUDES THE FOLLOWING ACTIVITIES WHICH BENEFIT LOW-INCOME AND LOW-WEALTH COMMUNITIES THROUGHOUT THE U.S: OFN'S FINANCING FUND (ON BALANCE-SHEET LENDING AND INVESTING TO CDFIS); FUND MANAGEMENT SERVICES (FEE-BASED BUSINESS PROVIDING CDFI FUND MANAGEMENT AND ASSET MANAGEMENT SERVICES TO THIRD PARTY INVESTORS); NEW MARKETS TAX CREDIT ACTIVITY; AND CDFI BOND GUARANTEE PROGRAM BOND ISSUANCE AND ADMINISTRATIVE SERVICES. THIS INCLUDES GRANTS TO MEMBER CDFIS IN CONJUNCTION WITH FINANCING. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,120,978 | ExpenseAmt |
| Revenue | $3,983,188 | RevenueAmt |
| Desc | STRENGTH: BUILDING POTENTIAL FOR IMPACT.OFN STRENGTHENS THE CDFI INDUSTRY BY PROVIDING PEER LEARNING OPPORTUNITIES, RESEARCH, INNOVATIVE NETWORKING PLATFORMS, AND SIGNATURE ANNUAL EVENTS (E.G. THE OFN CONFERENCE AND SMALL BUSINESS FINANCE FORUM) FOR CDFI PRACTITIONERS, PARTNERS, AND INVESTORS. THIS INCLUDES PROGRAMMATIC GRANTS TO MEMBERS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,696,830 | ExpenseAmt |
| Revenue | $96,467 | RevenueAmt |
| Desc | VOICE: AMPLIFYING THE CDFI MESSAGE AND SECURING STAKEHOLDER SUPPORT.ACROSS MULTIPLE PLATFORMS AND AUDIENCES, OFN'S STRATEGIC COMMUNICATIONS AND POLICY ADVOCACY DRIVE THE MESSAGE THAT CDFI INVESTMENTS TRANSFORM COMMUNITIES AND CHANGE LIVES-AND INCREASES RESOURCES TO CDFIS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $20,063,425 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 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 | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 46 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 43 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | 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 | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| 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 | AZ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | 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 | IL | 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 | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | 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 | RI | 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 | WI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAURIE CURRAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2153204317 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 123 S BROAD STREET SUITE 1930 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19109 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| TED PICCOLO | |||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| SARA RAZAVI | |||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| ELENA GONZALES | |||||||||
| BOARD MEMBER (FROM 11/21) | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| MARLA BILONICK | |||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| DAVID BECK | |||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| CHRISTINA TRAVERS | |||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| CARLA MANNINGS | |||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| AISHA BENSON | |||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| ROBERT VILLARREAL | |||||||||
| BOARD TREASURER | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| DONNA GAMBRELL | |||||||||
| BOARD CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| BETSY BIEMANN | |||||||||
| BOARD VICE CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| LISA MENSAH | |||||||||
| PRESIDENT & CEO | 40.00 | Yes (X) | $436,715 | $0 | $43,455 | Yes (X) | |||
| AMBER BELL | |||||||||
| CHIEF STRATEGY & OPERATION OFFICER (FROM 7/26) | 40.00 | $94,838 | $0 | $11,062 | Yes (X) | ||||
| SHAKEYDA DANIELS | |||||||||
| SENIOR VP, FINANCIAL SERVI | 40.00 | $145,919 | $0 | $10,198 | Yes (X) | ||||
| MARY WRIGHT | |||||||||
| SENIOR VP, FINANCIAL SVCS | 40.00 | $171,899 | $0 | $2,324 | Yes (X) | ||||
| JENNIFER VASILOFF | |||||||||
| CHIEF EXTERNAL AFFAIRS OFF | 40.00 | $216,303 | $0 | $3,772 | Yes (X) | ||||
| BETH LIPSON | |||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | $234,801 | $0 | $3,772 | Yes (X) | ||||
| ANDREA LONGTON | |||||||||
| SENIOR VP, FINANCIAL SVCS | 40.00 | $166,193 | $0 | $30,274 | Yes (X) | ||||
| SETH JULYAN | |||||||||
| EXECUTIVE VP, MEMBERSHIP | 40.00 | $178,841 | $0 | $20,862 | Yes (X) | ||||
| DAFINA WILLIAMS | |||||||||
| SENIOR VP, PUBLIC POLICY | 40.00 | $138,378 | $0 | $14,216 | Yes (X) | ||||
| LINA PAGE | |||||||||
| EXECUTIVE VP, STRATEGIC CO | 40.00 | $172,965 | $0 | $3,772 | Yes (X) | ||||
| DONNA FABIANI | |||||||||
| EXECUTIVE VP, KNOWLEDGE SH | 25.00 | $119,933 | $0 | $24,410 | Yes (X) | ||||
| ELISA JOHNSON | |||||||||
| SENIOR VP, NETWORK SERVICES | 40.00 | $131,660 | $0 | $3,648 | Yes (X) | ||||
| TAMARA FRYE | |||||||||
| VP, HUMAN RESOURCES | 40.00 | $119,563 | $0 | $2,100 | Yes (X) | ||||
| ANDREW GIVENS | |||||||||
| CHIEF OPERATING OFFICER (TO 3/31) | 40.00 | $184,701 | $0 | $1,923 | Yes (X) | ||||
| AMIR KIRKWOOD | |||||||||
| CHIEF LENDING & INVESTMENT (TO 10/22) | 40.00 | $236,479 | $0 | $28,129 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,749,188 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $203,917 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 14 | 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 (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ALL AROUND CREATIVE | |||||
| 105 ATSION ROAD SUITE J | MEDFORD | NJ | 08055 | MARKETING SERVICES | $157,130 |
| THE RABEN GROUP LLC | |||||
| 1341 G STREET NW FLOOR 5 | WASHINGTON | DC | 20005 | MARKETING & COMMUNICATIONS SERVICES | $126,400 |
| FAEGRE DRINKER BIDDLE & REATH LLP | |||||
| ONE LOGAN SQUARE SUITE 2000 | PHILADELPHIA | PA | 19103 | LEGAL SERVICES | $115,768 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $769,779 | MembershipDuesAmt |
| Government Grants | $1,826,265 | GovernmentGrantsAmt |
| All Other Contributions | $40,249,655 | AllOtherContributionsAmt |
| Total Contributions | $42,845,699 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| INTEREST ON LOANS | 525990 | $4,693,897 | $4,693,897 |
| OTHER FEES | 900099 | $2,647,145 | $2,647,145 |
| SPONSORSHIP INCOME | 900099 | $1,388,000 | $1,388,000 |
| TRAINING EVENTS | 900099 | $129,700 | $129,700 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $8,858,742 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $137,904 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $137,904 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $178,815 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $178,815 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $178,815 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $178,815 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $52,021,160 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,175,461 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,804,840 | TotalAmt |
| Program Services | $2,154,346 | ProgramServicesAmt |
| Management And General | $499,260 | ManagementAndGeneralAmt |
| Fundraising | $151,234 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,044,690 | TotalAmt |
| Program Services | $1,380,145 | ProgramServicesAmt |
| Management And General | $529,989 | ManagementAndGeneralAmt |
| Fundraising | $134,556 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $456,042 | TotalAmt |
| Program Services | $347,905 | ProgramServicesAmt |
| Management And General | $86,224 | ManagementAndGeneralAmt |
| Fundraising | $21,913 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $345,959 | TotalAmt |
| Program Services | $263,925 | ProgramServicesAmt |
| Management And General | $65,411 | ManagementAndGeneralAmt |
| Fundraising | $16,623 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,042 | TotalAmt |
| Program Services | $90,042 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $211,978 | TotalAmt |
| Program Services | $198,816 | ProgramServicesAmt |
| Management And General | $10,495 | ManagementAndGeneralAmt |
| Fundraising | $2,667 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $134,991 | TotalAmt |
| Program Services | $102,982 | ProgramServicesAmt |
| Management And General | $25,523 | ManagementAndGeneralAmt |
| Fundraising | $6,486 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $804,505 | TotalAmt |
| Program Services | $799,349 | ProgramServicesAmt |
| Management And General | $5,156 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,118 | TotalAmt |
| Program Services | $22,420 | ProgramServicesAmt |
| Management And General | $5,048 | ManagementAndGeneralAmt |
| Fundraising | $1,650 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $729,881 | TotalAmt |
| Program Services | $541,672 | ProgramServicesAmt |
| Management And General | $176,943 | ManagementAndGeneralAmt |
| Fundraising | $11,266 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $577,551 | TotalAmt |
| Program Services | $440,560 | ProgramServicesAmt |
| Management And General | $109,247 | ManagementAndGeneralAmt |
| Fundraising | $27,744 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $378,366 | TotalAmt |
| Program Services | $359,869 | ProgramServicesAmt |
| Management And General | $14,323 | ManagementAndGeneralAmt |
| Fundraising | $4,174 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $136,673 | TotalAmt |
| Program Services | $125,857 | ProgramServicesAmt |
| Management And General | $6,508 | ManagementAndGeneralAmt |
| Fundraising | $4,308 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,579,056 | TotalAmt |
| Program Services | $1,579,056 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $159,978 | TotalAmt |
| Program Services | $122,044 | ProgramServicesAmt |
| Management And General | $30,247 | ManagementAndGeneralAmt |
| Fundraising | $7,687 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,627 | TotalAmt |
| Program Services | $51,591 | ProgramServicesAmt |
| Management And General | $12,786 | ManagementAndGeneralAmt |
| Fundraising | $3,250 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| GRANTS TO MEMBERS | $10,875,000 | $10,875,000 | ||
| LOAN LOSS RESERVE | $278,167 | $278,167 | ||
| STAFF DEVELOPMENT | $119,266 | $90,986 | $22,550 | $5,730 |
| MEMBERSHIPS | $116,442 | $114,394 | $1,578 | $470 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,230 | TotalAmt |
| Program Services | $124,299 | ProgramServicesAmt |
| Management And General | $22,277 | ManagementAndGeneralAmt |
| Fundraising | $5,654 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,092,402 | TotalAmt |
| Program Services | $20,063,425 | ProgramServicesAmt |
| Management And General | $1,623,565 | ManagementAndGeneralAmt |
| Fundraising | $405,412 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,340,002 | BOYAmt |
| EOY | $69,253,310 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,130,000 | BOYAmt |
| EOY | $2,087,500 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $430,722 | BOYAmt |
| EOY | $837,466 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $134,769,294 | BOYAmt |
| EOY | $143,912,767 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $147,479 | BOYAmt |
| EOY | $159,747 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $2,124,700 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,254,104 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $971,273 | BOYAmt |
| EOY | $870,596 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,622,970 | BOYAmt |
| EOY | $3,810,960 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,014,458 | BOYAmt |
| EOY | $4,432,329 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $189,426,198 | BOYAmt |
| EOY | $225,364,675 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $885,505 | BOYAmt |
| EOY | $604,662 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,623,868 | BOYAmt |
| EOY | $1,741,192 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,094,522 | BOYAmt |
| EOY | $109,714,562 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,502,517 | BOYAmt |
| EOY | $12,577,815 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $124,106,412 | BOYAmt |
| EOY | $124,638,231 | 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 | $52,877,898 | BOYAmt |
| EOY | $57,654,885 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,441,888 | BOYAmt |
| EOY | $43,071,559 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,319,786 | BOYAmt |
| EOY | $100,726,444 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $189,426,198 | BOYAmt |
| EOY | $225,364,675 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $29,928,758 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$66,123 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $5,544,023 | DonatedServicesAndUseFcltsAmt |
| 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) |
|---|---|---|
| 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) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,532,838 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,204,443 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,614,604 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $21,794,850 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $21,745,924 | CurrentTaxYearAmt |
| Total | $56,892,659 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,378,687 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,772,329 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,729,250 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,745,438 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,858,742 | CurrentTaxYearAmt |
| Total | $43,484,446 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,911,525 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $12,976,772 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $16,343,854 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $30,540,288 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $30,604,666 | CurrentTaxYearAmt |
| Total | $100,377,105 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $519,900 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $916,055 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,716,086 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $16,626,230 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $18,776,901 | CurrentTaxYearAmt |
| Total | $38,555,172 | 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) |
|---|---|---|
| Current Tax Year Minus4 Years | $519,900 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $916,055 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,716,086 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $16,626,230 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $18,776,901 | CurrentTaxYearAmt |
| Total | $38,555,172 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $61,821,933 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $219,236 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $119,691 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $111,761 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $128,669 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $137,904 | CurrentTaxYearAmt |
| Total | $717,261 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $219,236 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $119,691 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $111,761 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $128,669 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $137,904 | CurrentTaxYearAmt |
| Total | $717,261 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,130,761 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $13,096,463 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $16,455,615 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $30,668,957 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $30,742,570 | CurrentTaxYearAmt |
| Total | $101,094,366 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.61150 | PublicSupportCY509Pct |
| Public Support PY509 | 0.71920 | PublicSupportPY509Pct |
| Investment Income CY | 0.00710 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00990 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $2,800 | FilingOrganizationsTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $12,832 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $15,632 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $22,075,763 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $22,091,395 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $676,681 | CurrentYearMinus3Amt |
| Current Year Minus2 | $700,455 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $3,377,136 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $5,065,704 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $105,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $18,316 | CurrentYearMinus2Amt |
| Current Year Minus1 | $39,586 | CurrentYearMinus1Amt |
| Current Year | $15,632 | CurrentYearAmt |
| Total | $178,534 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $169,170 | CurrentYearMinus3Amt |
| Current Year Minus2 | $175,114 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $844,284 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,266,426 | GrassrootsCeilingAmt |
Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $4,550 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,400 | CurrentYearMinus2Amt |
| Current Year Minus1 | $3,150 | CurrentYearMinus1Amt |
| Current Year | $2,800 | CurrentYearAmt |
| Total | $11,900 | TotalAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE C, PART II-A | FormAndLineReferenceDesc |
| Explanation | OFN CONDUCTS PERMITTED LOBBYING ACTIVITIES, AND WORKED IN THE FOLLOWING PRIMARY AREAS IN 2021: FINANCIAL SERVICES, SMALL BUSINESS, CDFI FUND, NEW MARKETS TAX CREDIT, AND PAYCHECK PROTECTION PROGRAM. | ExplanationTxt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $763,436 | OtherCostOrOtherBasisAmt |
| Depreciation | $160,181 | DepreciationAmt |
| Book Value | $603,255 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $939,119 | OtherCostOrOtherBasisAmt |
| Depreciation | $840,656 | DepreciationAmt |
| Book Value | $98,463 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $422,145 | OtherCostOrOtherBasisAmt |
| Depreciation | $253,267 | DepreciationAmt |
| Book Value | $168,878 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $870,596 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| LOANS PAYABLE | $12,000,000 |
| FUNDS HELD FOR THIRD PARTY | $577,815 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $12,577,815 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $55,697,048 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$66,123 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $5,626,223 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $5,560,100 | RevenueNotReportedAmt |
| Revenue Subtotal | $50,136,948 | RevenueSubtotalAmt |
| Other Revenues Not Included | $1,884,212 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1,884,212 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $52,021,160 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $20,290,390 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $82,200 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $82,200 | ExpensesNotReportedAmt |
| Expenses Subtotal | $20,208,190 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $1,884,212 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,884,212 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $22,092,402 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | INCOME TAXES: THE ORGANIZATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ORGANIZATION QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. INCOME WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. THE ORGANIZATION HAD NO SIGNIFICANT NET UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2021 AND 2020. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT OF THE FINANCIAL STATEMENTS. CONSEQUENTLY, NO ACCRUAL FOR INTEREST AND PENALTIES WAS DEEMED NECESSARY FOR THE YEARS ENDED DECEMBER 31, 2021 AND 2020. THE ORGANIZATION FILES TAX RETURNS IN THE U.S. FEDERAL AND STATE JURISDICTIONS. GENERALLY, THE ORGANIZATION IS NO LONGER SUBJECT TO TAX EXAMINATION BY THE U.S. FEDERAL OR STATE TAX AUTHORITIES FOR YEARS BEFORE 2018. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | INTEREST EXPENSES 1,606,045. PROVISION FOR LOAN LOSSES 278,167. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INTEREST EXPENSES 1,606,045. PROVISION FOR LOAN LOSSES 278,167. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (68 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| ENTREPRENUER FUND | |||||||||
| 551 HAT TRICK AVENUE | EVELETH | MN | 55734 | 363566632 | 501C3 | $125,000 | $0 | OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | |
| THE ENTERPRISE CENTER CAPITAL CORP | |||||||||
| 4548 MARKET STREET | PHILADELPHIA | PA | 19139 | 270022215 | 501C3 | $250,000 | $0 | OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | |
| LIFTFUND INC | |||||||||
| 2007 W MARTIN STREET | SAN ANTONIO | TX | 78207 | 742712770 | 501C3 | $250,000 | $0 | OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | |
| INDIANAPOLIS NEIGHBORHOOD HSG | |||||||||
| 3550 NORTH WASHINGTON BLVD | INDIANAPOLIS | IN | 46205 | 351742559 | 501C3 | $250,000 | $0 | FINANCE JUSTICE FUND SUBGRANT | |
| MAIN STREET LAUNCH | |||||||||
| 2101 WEBSTER STREET SUITE 1200 | OAKLAND | CA | 94612 | 942548556 | 501C3 | $150,000 | $0 | OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | |
| APPALACHIAN COMM CAP DEV FOUNDATION | |||||||||
| 110 PEPPERS FERRY RD NW | CHRISRIANSBURG | VA | 24073 | 462827486 | 501C3 | $150,000 | $0 | OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | |
| HOPE ENTERPRISE CORP | |||||||||
| 4 OLD RIVER PLACE SUITE A | JACKSON | MS | 39201 | 640851798 | 501C3 | $425,000 | $0 | OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | |
| JUSTINE PETERSEN HSG & REINVES | |||||||||
| 1023 NORTH GRAND BLVD | ST LOUIS | MO | 63106 | 431769074 | 501C3 | $250,000 | $0 | OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | |
| LATINO ECONOMIC DEV CORP | |||||||||
| 641 S STREET NW | WASHINGTON | DC | 20001 | 521749216 | 501C3 | $125,000 | $0 | OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | |
| CALIFORNIA FARMLINK | |||||||||
| 335 SPRECKELS DRIVE SUITE F | APTOS | CA | 95003 | 943332630 | 501C3 | $125,000 | $0 | OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | |
| MOUNTAIN ASSOCIATION | |||||||||
| 433 CHESTNUT STREET | BEREA | KY | 40403 | 310900246 | 501C3 | $125,000 | $0 | OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | |
| ON THE ROAD LENDING | |||||||||
| 1500 N LOOP 12 | IRVING | TX | 75061 | 383910893 | 501C3 | $100,000 | $0 | FINANCE JUSTICE FUND SUBGRANT | |
| BCLOFTEXASCEN-TEX CERTIFIED DEVELOPMENT CORP | |||||||||
| 1101 SAN JACINTO BLVD STE 500 | AUSTIN | TX | 78704 | 742581297 | 501C3 | $250,000 | $0 | FINANCE JUSTICE FUND SUBGRANT | |
| CLEARINGHOUSE CDFI | |||||||||
| 23861 EL TORO ROAD SUITE 401 | LAKE FOREST | CA | 92630 | 330735318 | FOR PROFIT | $200,000 | $0 | FINANCE JUSTICE FUND SUBGRANT | |
| COMMUNITYWORKS CAROLINA | |||||||||
| 107 W ANTRIM DRIVE | GREENVILLE | SC | 29607 | 260421563 | 501C3 | $250,000 | $0 | OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | |
| SOUTHERN BANCORP COMMUNITY PARTNERS | |||||||||
| 605 MAIN STREET SUITE 203 | ARKADELPHIA | AR | 71923 | 581766093 | 501C3 | $125,000 | $0 | OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | |
| TMC DEVELOPMENT WORKING SOLUTIONS | |||||||||
| 930 MONTGOMERY STREET SUITE 400 | SAN FRANCISCO | CA | 94133 | 911951777 | 501C3 | $125,000 | $0 | OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | |
| ALLIES FOR COMMUNITY BUSINESS | |||||||||
| 135 N KEDZIE AVENUE | CHICAGO | IL | 60612 | 363966573 | 501C3 | $150,000 | $0 | OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | |
| HOMEWISE INC | |||||||||
| 1301 SILER ROAD BLDG D | SANTA FE | NM | 87507 | 850346325 | 501C3 | $150,000 | $0 | FINANCE JUSTICE FUND SUBGRANT | |
| COMMUNITY FUND OF NORTH MIAMI DADE | |||||||||
| 490 OPA LOCKA BLVD SUITE 20 | OPA LOCKA | FL | 33054 | 592106635 | 501C3 | $100,000 | $0 | FINANCE JUSTICE FUND SUBGRANT | |
| CALIFORNIA FARMLINK | |||||||||
| 335 SPRECKELS DRIVE SUITE F | APTOS | CA | 95003 | 943332630 | 501C3 | $125,000 | $0 | FINANCE JUSTICE FUND SUBGRANT | |
| AFFORDABLE HOMES OF SOUTHTEXAS | |||||||||
| 1420 ERIE AVE | MCALLEN | TX | 78501 | 741883434 | 501C3 | $150,000 | $0 | FINANCE JUSTICE FUND SUBGRANT | |
| CHICAGO COMMUNITY LOAN FUND | |||||||||
| 29 E MADISON STREET - SUITE 1700 | CHICAGO | IL | 60602 | 363762123 | 501C3 | $200,000 | $0 | FINANCE JUSTICE FUND SUBGRANT | |
| FEDERATION OF APPALACHIAN HOUSING ENTERPRISES INC | |||||||||
| 319 OAK STREET | BEREA | KY | 40403 | 310986871 | 501C3 | $125,000 | $0 | FINANCE JUSTICE FUND SUBGRANT | |
| CAROLINA SMALL BUSINESS DEV FUND | |||||||||
| 3128 HIGHWOODS BLVD SUITE 170 | RALEIGH | NC | 27604 | 581903219 | 501C3 | $150,000 | $0 | FINANCE JUSTICE FUND SUBGRANT | |
| COMMUNITY HEALTH CTR CAP FUND | |||||||||
| 40 COURT STREET 10TH FLOOR | BOSTON | MA | 02108 | 043122535 | 501C3 | $150,000 | $0 | FINANCE JUSTICE FUND SUBGRANT | |
| GREATER MINNESOTA HOUSING FUND | |||||||||
| 332 MINNESOTA STREET SUITE 1650 | ST PAUL | MN | 55101 | 411836919 | 501C3 | $125,000 | $0 | FINANCE JUSTICE FUND SUBGRANT | WEST |
| ICA FUND | |||||||||
| 2335 BROADWAY SUITE 102 | OAKLAND | CA | 94612 | 470898054 | 501C3 | $150,000 | $0 | OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | |
| NORTHERN GREAT LAKES INITIATIVES | |||||||||
| 1401 PRESQUE ISLE AVE | MARQUETTE | MI | 49855 | 473130767 | 501C3 | $150,000 | $0 | FINANCE JUSTICE FUND SUBGRANT | |
| PIDC-COMMUNITY CAPITAL | |||||||||
| 1500 MARKET STREET SUITE 3500 WEST | PHILADELPHIA | PA | 19102 | 232889102 | 501C3 | $150,000 | $0 | OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | |
| PROPEL NONPROFITS | |||||||||
| 1 SE MAIN STREET SUITE 600 | MINNEAPOLIS | MN | 55414 | 411916373 | 501C3 | $125,000 | $0 | OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | |
| ACCESS PLUS CAPITAL | |||||||||
| 1920 MARIPOSA MALL SUITE 330 | FRESNO | CA | 93721 | 261177785 | 501C3 | $125,000 | $0 | OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | |
| SIXUP LENDING LLC | |||||||||
| 77 VAN NESS AVENUE SUITE101 | SAN FRANCISCO | CA | 94102 | 611767246 | FOR PROFIT | $200,000 | $0 | FINANCE JUSTICE FUND SUBGRANT | |
| ANDP LOAN FUND | |||||||||
| 229 PEACHTREE STREET NE SUITE 705 | ATLANTA | GA | 30303 | 582435590 | 501C3 | $200,000 | $0 | FINANCE JUSTICE FUND SUBGRANT | |
| CIVIC COMMUNITY PARTNERS | |||||||||
| 8989 RIO SAN DIEGO DRIVE STE 100 | SAN DIEGO | CA | 92108 | 460660465 | 501C3 | $150,000 | $0 | FINANCE JUSTICE FUND SUBGRANT | |
| OWEESTA CORPORATION | |||||||||
| 2432 MAIN STREET 1ST FLOOR | LONGMONT | CO | 80501 | 541970097 | 501C3 | $1,000,000 | $0 | FINANCE JUSTICE FUND SUBGRANT | |
| DREAMSPRING | |||||||||
| 2000 ZEARING AVE NW | ALBUQUERQUE | NM | 87104 | 850417347 | 501C3 | $200,000 | $0 | FINANCE JUSTICE FUND SUBGRANT | |
| WISCONSIN WOMEN'S BUSINESS INITIATIVE CORP | |||||||||
| 1533 N RIVERCENTER DRIVE | MILWAUKEE | WI | 53212 | 391597954 | 501C3 | $125,000 | $0 | OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | |
| RIO GRANDE VALLEY MULTIBANK CORP | |||||||||
| 901 E LEVEE STREET | BROWNSVILLE | TX | 78520 | 742744525 | 501C3 | $125,000 | $0 | FINANCE JUSTICE FUND SUBGRANT | |
| COMMUNITY VISION CAPITAL & CONSULTING | |||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 943032394 | 501C3 | $150,000 | $0 | OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | |
| NCALL RESEARCH | |||||||||
| 363 SAULSBURY ROAD | DOVER | DE | 19904 | 526054476 | 501C3 | $150,000 | $0 | FINANCE JUSTICE FUND SUBGRANT | |
| LATINO COMMUNITY CREDIT UNION | |||||||||
| 100 W MORGAN STREET | DURHAM | NC | 27701 | 562180770 | 501C3 | $200,000 | $0 | FINANCE JUSTICE FUND SUBGRANT | |
| NORTHWEST NATIVE DEVELOPMENT FUND | |||||||||
| 504 FIR STREET | COULEE DAM | WA | 99116 | 264216937 | 501C3 | $100,000 | $0 | NATIVE CATALYST AWARD GRANT | |
| SPRUCE ROOT | |||||||||
| ONE SEALASKA PLAZA SUITE 400 | JUNEAU | AR | 99801 | 454295940 | 501C3 | $25,000 | $0 | NATIVE CDFI SEED CAPITAL AWARD GRANT | |
| OPPORTUNITY RESOURCE FUND | |||||||||
| 330 MARSHALL STREET SUITE 105 | LANSING | MI | 48912 | 382784136 | 501C3 | $125,000 | $0 | OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | |
| SHARED CAPITAL COOPERATIVE | |||||||||
| 2388 UNIVERSITY AVENUE W SUITE 300 | ST PAUL | MN | 55114 | 411621896 | 501C3 | $175,000 | $0 | OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | |
| WOMEN VENTURE | |||||||||
| 165 WESTERN AVE N SUITE 8 | ST PAUL | MN | 55102 | 411463426 | 501C3 | $125,000 | $0 | OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | |
| COASTAL ENTERPRISES INC | |||||||||
| 30 FEDERAL STREET SUITE 100 | BRUNSWICK | ME | 04011 | 010347504 | 501C3 | $100,000 | $0 | CF RELENDING | |
| CITIZEN POTAWATOMI COMMUNITY DEV CORP | |||||||||
| 1545 GORDON COOPER DRIVE | SHAWNEE | OK | 74801 | 730945447 | 7871 | $75,000 | $0 | CF RELENDING | |
| CRAFT3 | |||||||||
| 42 7TH STREET SUITE 100 | ASTORIA | OR | 97103 | 912662698 | 501C3 | $100,000 | $0 | CF RELENDING | |
| COMMUNITY VENTURES CORPORATION | |||||||||
| 1450 NORTH BROADWAY | LEXINGTON | KY | 40505 | 311064807 | 501C3 | $100,000 | $0 | CF RELENDING | |
| KENTUCKY HIGHLANDS INVESTMENT CORP | |||||||||
| 362 OLD WHITLEY ROAD PO BOX 1738 | LONDON | KY | 40743 | 610673339 | 501C4 | $100,000 | $0 | CF RELENDING | |
| NCALL RESEARCH | |||||||||
| 363 SAULSBURY ROAD | DOVER | DE | 19904 | 526054476 | 501C3 | $50,000 | $0 | CF RELENDING | |
| RURAL COMMUNITY ASSISTANCE CORPORATION | |||||||||
| 3120 FREEBOARD DRIVE SUITE 201 | WEST SACRAMENTO | CA | 95691 | 942512284 | 501C3 | $100,000 | $0 | CF RELENDING | |
| RURAL ELECTRIC ECONOMIC DEVELOPMENT | |||||||||
| PO BOX 227 121 SE FIRST STREET | MADISON | SD | 57234 | 460445496 | 501C3 | $75,000 | $0 | CF RELENDING | |
| FEDERATION OF APPALACHIAN HOUSING ENTERPRISES INC | |||||||||
| 319 OAK STREET | BEREA | KY | 40403 | 310986871 | 501C3 | $100,000 | $0 | CF RELENDING | |
| SOUTH CAROLINA CLF | |||||||||
| 1051-A GARDNER ROAD | CHARLESTON | SC | 29407 | 010793507 | 501C3 | $75,000 | $0 | CF RELENDING | |
| WORKING WORLD INC | |||||||||
| D/B/A SEED COMMONS 116 NASSAU | NEW YORK | NY | 10038 | 202264584 | 501C3 | $150,000 | $0 | OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | STREET 513 |
| DAKOTA RESOURCES ECON & LEADERSHIP DEV | |||||||||
| 25795 475TH AVENUE SUITE 1 | RENNER | SD | 57055 | 460442430 | 501C3 | $75,000 | $0 | CF RELENDING | |
| ACCOMPANY CAPITAL | |||||||||
| 120 BROADWAY SUITE 230 | NEW YORK | NY | 10271 | 810584343 | 501C3 | $125,000 | $0 | OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | |
| BOC CAPITAL CORP | |||||||||
| 85 SOUTH OXFORD STREET | BROOKLYN | NY | 11217 | 113596666 | 501C3 | $250,000 | $0 | OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | |
| CORPORATION FOR SUPPORTIVE HSG | |||||||||
| 61 BROADWAY 23TH FLOOR | NEW YORK | NY | 10006 | 133600232 | 501C3 | $150,000 | $0 | FINANCE JUSTICE FUND SUBGRANT | |
| VITAL HEALTHCARE CAPITAL | |||||||||
| 85 BROAD STREET 28TH FLOOR | NEW YORK | NY | 10004 | 454014553 | 501C3 | $150,000 | $0 | FINANCE JUSTICE FUND SUBGRANT | |
| NONPROFIT FINANCE FUND | |||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 133238657 | 501C3 | $125,000 | $0 | FINANCE JUSTICE FUND SUBGRANT | |
| PRIMARY CARE DEVELOPMENT CORP | |||||||||
| 45 BROADWAY SUITE 530 | NEW YORK | NY | 10006 | 133711803 | 501C3 | $125,000 | $0 | OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | |
| COMMUNITY LOAN FUND OF THE CAPITAL REGION | |||||||||
| 255 ORANGE STREET SUITE 103 | ALBANY | NY | 12210 | 222706505 | 501C3 | $125,000 | $0 | FINANCE JUSTICE FUND SUBGRANT | |
| LEVITICUS FUND INC | |||||||||
| 220 WHITE PLAINS ROAD SUITE 125 | TARRYTOWN | NY | 10591 | 133154100 | 501C3 | $150,000 | $0 | FINANCE JUSTICE FUND SUBGRANT | |
| ASCENDUS INC | |||||||||
| 80 MAIDEN LANE SUITE 903 | NEW YORK | NY | 10038 | 113317234 | 501C3 | $125,000 | $0 | OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 68 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | OFN MAKES PASS-THROUGH GRANTS TO MEMBER CDFIS FOR CERTAIN OPERATIONAL AND PROGRAMMATIC PURPOSES. OFN ALSO MAKES CERTAIN PASS THROUGH GRANTS TO CDFIS IN CONJUNCTION WITH ITS LENDING TO CDFIS, SUPPORTING CDFIS WORK IN LOW-INCOME AND OTHER DISINVESTED COMMUNITIES. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | Yes (1) | InitialContractExceptionInd |
| Rebuttable Presumption Proc | Yes (1) | RebuttablePresumptionProcInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LISA MENSAH | ||||||||||||||
| PRESIDENT & CEO | $379,363 | $0 | $57,352 | $0 | $0 | $0 | $0 | $0 | $43,455 | $0 | $480,170 | $0 | $0 | $0 |
| AMIR KIRKWOOD | ||||||||||||||
| CHIEF LENDING & INVESTMENT (TO 10/22 | $223,979 | $0 | $12,500 | $0 | $0 | $0 | $0 | $0 | $28,129 | $0 | $264,608 | $0 | $0 | $0 |
| BETH LIPSON | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $231,801 | $0 | $3,000 | $0 | $0 | $0 | $0 | $0 | $3,772 | $0 | $238,573 | $0 | $0 | $0 |
| JENNIFER VASILOFF | ||||||||||||||
| CHIEF EXTERNAL AFFAIRS OFF | $213,303 | $0 | $3,000 | $0 | $0 | $0 | $0 | $0 | $3,772 | $0 | $220,075 | $0 | $0 | $0 |
| SETH JULYAN | ||||||||||||||
| EXECUTIVE VP, MEMBERSHIP | $162,341 | $0 | $16,500 | $0 | $0 | $0 | $0 | $0 | $20,862 | $0 | $199,703 | $0 | $0 | $0 |
| ANDREA LONGTON | ||||||||||||||
| SENIOR VP, FINANCIAL SVCS | $163,443 | $0 | $2,750 | $0 | $0 | $0 | $0 | $0 | $30,274 | $0 | $196,467 | $0 | $0 | $0 |
| ANDREW GIVENS | ||||||||||||||
| CHIEF OPERATING OFFICER (TO 3/31) | $181,701 | $0 | $3,000 | $0 | $0 | $0 | $0 | $0 | $1,923 | $0 | $186,624 | $0 | $0 | $0 |
| LINA PAGE | ||||||||||||||
| EXECUTIVE VP, STRATEGIC CO | $168,965 | $0 | $4,000 | $0 | $0 | $0 | $0 | $0 | $3,772 | $0 | $176,737 | $0 | $0 | $0 |
| MARY WRIGHT | ||||||||||||||
| SENIOR VP, FINANCIAL SVCS | $169,149 | $0 | $2,750 | $0 | $0 | $0 | $0 | $0 | $2,324 | $0 | $174,223 | $0 | $0 | $0 |
| SHAKEYDA DANIELS | ||||||||||||||
| SENIOR VP, FINANCIAL SERVI | $143,169 | $0 | $2,750 | $0 | $0 | $0 | $0 | $0 | $10,198 | $0 | $156,117 | $0 | $0 | $0 |
| DAFINA WILLIAMS | ||||||||||||||
| SENIOR VP, PUBLIC POLICY | $125,628 | $0 | $12,750 | $0 | $0 | $0 | $0 | $0 | $14,216 | $0 | $152,594 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION PROVIDED INCENTIVE BONUSES TO SELECT HIGHLY COMPENSATED EMPLOYEES RELATED TO PERFORMANCE. THE CEO RECEIVED A BONUS IN AGREEMENT WITH THEIR EMPLOYMENT CONTRACT. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | PER OFN'S BYLAWS, THERE IS ONE CLASS OF MEMBERSHIP AVAILABLE TO PRIVATE, NON-GOVERNMENTAL, MISSION-DRIVEN FINANCIAL INSTITUTIONS THAT MEET THE QUALIFICATIONS FOR MEMBERSHIP. EACH MEMBER IS ENTITLED TO BE REPRESENTED AT ANY MEETING OF THE MEMBERS BY UP TO TWO DELEGATES, WHO SHALL BE EITHER AN EMPLOYEE OF OR A BOARD MEMBER OF THE MEMBER. THE PRESENCE IN PERSON OF DELEGATES REPRESENTING AT LEAST ONE-THIRD OF THE MEMBERS CONSTITUTES A QUORUM FOR THE TRANSACTION OF BUSINESS. WHEN A QUORUM IS PRESENT AT ANY MEETING, THE MAJORITY OF THE VOTES PRESENT DECIDES ANY QUESTION BROUGHT BEFORE THE MEETING. EACH MEMBER IS ENTITLED TO ONE VOTE ON EACH MATTER SUBMITTED TO A VOTE OF THE MEMBERS. ALL VOTING, EXCEPT ELECTIONS FOR DIRECTORS WHICH IS BY WRITTEN OR PROXY BALLOT, MAY BE BY VOICE VOTE OR BALLOT. AT LEAST TWO-THIRDS OF THE DIRECTORS ARE ELECTED BY THE MEMBERS. UP TO ONE-THIRD OF THE DIRECTORS ARE APPOINTED BY THE BOARD OF DIRECTORS. NOMINATIONS FOR CANDIDATES FOR DIRECTOR ARE MADE BY A WRITTEN NOTICE TO THE NOMINATING COMMITTEE AND MUST BE ENDORSED BY NOT LESS THAN TWO (2) MEMBERS AND DELIVERED AT LEAST SIXTY (60) DAYS BEFORE THE ELECTION. ALL NOMINATIONS SO MADE BY MEMBERS ARE PRESENTED TO THE MEMBERSHIP FOR CONSIDERATION. NEW BYLAWS MAY BE ADOPTED, OR THE EXISTING BYLAWS MAY BE AMENDED OR REPEALED, BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE VOTES REPRESENTED. VOTING OCCURS BY PROXY OR IN PERSON AT A DULY HELD MEETING OF MEMBERS AT WHICH A QUORUM IS PRESENT. |
| FORM 990, PART VI, SECTION A, LINE 7A | PER OFN'S BYLAWS, THERE IS ONE CLASS OF MEMBERSHIP AVAILABLE TO PRIVATE, NON-GOVERNMENTAL, MISSION-DRIVEN FINANCIAL INSTITUTIONS THAT MEET THE QUALIFICATIONS FOR MEMBERSHIP. EACH MEMBER IS ENTITLED TO BE REPRESENTED AT ANY MEETING OF THE MEMBERS BY UP TO TWO DELEGATES, WHO SHALL BE EITHER AN EMPLOYEE OF OR A BOARD MEMBER OF THE MEMBER. THE PRESENCE IN PERSON OF DELEGATES REPRESENTING AT LEAST ONE-THIRD OF THE MEMBERS CONSTITUTES A QUORUM FOR THE TRANSACTION OF BUSINESS. WHEN A QUORUM IS PRESENT AT ANY MEETING, THE MAJORITY OF THE VOTES PRESENT DECIDES ANY QUESTION BROUGHT BEFORE THE MEETING. EACH MEMBER IS ENTITLED TO ONE VOTE ON EACH MATTER SUBMITTED TO A VOTE OF THE MEMBERS. ALL VOTING, EXCEPT ELECTIONS FOR DIRECTORS WHICH IS BY WRITTEN OR PROXY BALLOT, MAY BE BY VOICE VOTE OR BALLOT. AT LEAST TWO-THIRDS OF THE DIRECTORS ARE ELECTED BY THE MEMBERS. UP TO ONE-THIRD OF THE DIRECTORS ARE APPOINTED BY THE BOARD OF DIRECTORS. NOMINATIONS FOR CANDIDATES FOR DIRECTOR ARE MADE BY A WRITTEN NOTICE TO THE NOMINATING COMMITTEE AND MUST BE ENDORSED BY NOT LESS THAN TWO (2) MEMBERS AND DELIVERED AT LEAST SIXTY (60) DAYS BEFORE THE ELECTION. ALL NOMINATIONS SO MADE BY MEMBERS ARE PRESENTED TO THE MEMBERSHIP FOR CONSIDERATION. NEW BYLAWS MAY BE ADOPTED, OR THE EXISTING BYLAWS MAY BE AMENDED OR REPEALED, BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE VOTES REPRESENTED. VOTING OCCURS BY PROXY OR IN PERSON AT A DULY HELD MEETING OF MEMBERS AT WHICH A QUORUM IS PRESENT. |
| FORM 990, PART VI, SECTION A, LINE 7B | PER OFN'S BYLAWS, THERE IS ONE CLASS OF MEMBERSHIP AVAILABLE TO PRIVATE, NON-GOVERNMENTAL, MISSION-DRIVEN FINANCIAL INSTITUTIONS THAT MEET THE QUALIFICATIONS FOR MEMBERSHIP. EACH MEMBER IS ENTITLED TO BE REPRESENTED AT ANY MEETING OF THE MEMBERS BY UP TO TWO DELEGATES, WHO SHALL BE EITHER AN EMPLOYEE OF OR A BOARD MEMBER OF THE MEMBER. THE PRESENCE IN PERSON OF DELEGATES REPRESENTING AT LEAST ONE-THIRD OF THE MEMBERS CONSTITUTES A QUORUM FOR THE TRANSACTION OF BUSINESS. WHEN A QUORUM IS PRESENT AT ANY MEETING, THE MAJORITY OF THE VOTES PRESENT DECIDES ANY QUESTION BROUGHT BEFORE THE MEETING. EACH MEMBER IS ENTITLED TO ONE VOTE ON EACH MATTER SUBMITTED TO A VOTE OF THE MEMBERS. ALL VOTING, EXCEPT ELECTIONS FOR DIRECTORS WHICH IS BY WRITTEN OR PROXY BALLOT, MAY BE BY VOICE VOTE OR BALLOT. AT LEAST TWO-THIRDS OF THE DIRECTORS ARE ELECTED BY THE MEMBERS. UP TO ONE-THIRD OF THE DIRECTORS ARE APPOINTED BY THE BOARD OF DIRECTORS. NOMINATIONS FOR CANDIDATES FOR DIRECTOR ARE MADE BY A WRITTEN NOTICE TO THE NOMINATING COMMITTEE AND MUST BE ENDORSED BY NOT LESS THAN TWO (2) MEMBERS AND DELIVERED AT LEAST SIXTY (60) DAYS BEFORE THE ELECTION. ALL NOMINATIONS SO MADE BY MEMBERS ARE PRESENTED TO THE MEMBERSHIP FOR CONSIDERATION. NEW BYLAWS MAY BE ADOPTED, OR THE EXISTING BYLAWS MAY BE AMENDED OR REPEALED, BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE VOTES REPRESENTED. VOTING OCCURS BY PROXY OR IN PERSON AT A DULY HELD MEETING OF MEMBERS AT WHICH A QUORUM IS PRESENT. |
| FORM 990, PART VI, SECTION B, LINE 11B | PRIOR TO FILING THE FORM 990, THE CHIEF FINANCIAL OFFICER , SVP ACCOUNTING, AND THE VP OF FINANCE AND ACCOUNTING REVIEW THE FORM FOR ACCURACY AND THEN FORWARD IT TO THE PRESIDENT & CEO FOR REVIEW. IN ADDITION, THE ORGANIZATION SENDS AN ELECTRONIC COPY OF THE FORM 990 TO ITS BOARD OF DIRECTORS. THIS IS PRIMARILY FOR INFORMATIONAL PURPOSES AND TO ALLOW FOR COMMENTS FROM THE BOARD, BUT DOES NOT REQUIRE ACTION FROM THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH YEAR THE BOARD OF DIRECTORS SIGNS A POTENTIAL CONFLICT OF INTEREST STATEMENT WHICH STATES THAT THEY DO NOT HAVE A POTENTIAL CONFLICT OF INTEREST AS COVERED BY THE OPPORTUNITY FINANCE NETWORK'S CONFLICT OF INTEREST POLICY. IF THE BOARD MEMBER (OR ANY RELATED PARTY) IS INVOLVED IN TRANSACTIONS WITH OFN INCLUDING BUT NOT LIMITED TO LOAN AND GRANT APPLICATIONS TO OFN, AND CONSULTING CONTRACTS WITH OFN, THE BOARD MEMBER DISCLOSES THIS IN A SEPARATE STATEMENT. ALL STAFF ALSO MUST ADHERE TO OFN'S CONFLICT OF INTEREST POLICIES AND REPORT POTENTIAL CONFLICTS FOR REVIEW AND APPROVAL. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION FOR THE PRESIDENT & CEO IS GOVERNED BY AN EXECUTIVE EMPLOYMENT AGREEMENT AND DETERMINED THROUGH AN ANNUAL PERFORMANCE REVIEW. OFN'S BOARD CHAIR MANAGES THIS PROCESS BY REVIEWING THE PRESIDENT & CEO'S PERFORMANCE AGAINST SET GOALS. THEY USE A DOCUMENTED PROCESS OF SELF-ASSESSMENT AND PERFORMANCE REVIEW. THESE RESULTS ARE DOCUMENTED FOR THE RECORDS. OFN SENIOR OFFICERS AND ALL KEY EMPLOYEES UNDERGO AN ANNUAL PERFORMANCE MANAGEMENT REVIEW PROCESS, IN WHICH ANNUAL COMPENSATION IS ALSO REVIEWED. OFN UNDERTAKES A REGULAR EXTERNAL MARKET COMPENSATION STUDY FOR ALL KEY STAFF POSITIONS, WHICH SERVES AS A FOUNDATION BENCHMARK FOR DETERMINING APPROPRIATE STAFF COMPENSATION LEVELS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). |
| FORM 990, SCHEDULE A, PART III | OPPORTUNITY FINANCE NETWORK ["OFN"] DURING 2021 RECEIVED A $25 MILLION GRANT. DUE TO THE SIZE OF THE GRANT AND THE EXPECTATION A GRANT OF THIS SIZE BEING RENEWED, OFN REQUESTED AN ADVANCE RULING TO TREAT THE GRANT AS AN UNUSUAL GRANT. IN ANTICIPATION OF A FAVORABLE RULING, THE GRANT WAS TREATED ACCORDINGLY ON THE 2021 FORM 990. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NCCA GENERAL PARTNER LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 123 S BROAD STREET SUITE 1930 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19109 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 113704951 | EIN |
| Primary Activities | GENERAL PARTNER OF OPPORTUNITY FUND I, II, AND III | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Total Income | $67,721 | TotalIncomeAmt |
| End Of Year Assets | $137,742 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OPPORTUNITY FINANCE NETWORK | BusinessNameLine1Txt |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Predominant Income TypePredominantIncomeTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CDFI COMMUNITY INVESTMENT FUND I LLC | |||||||||||||
| 123 S BROAD STREET SUITE 1930 | PHILADELPHIA | PA | 19109 | 352579326 | INVESTMENT IN OTHER CDFI ENTITIES | DE | OPPORTUNITY FINANCE NETWORK | EXCLUDED | $10,225 | $505,545 | 0 | Yes (1) | 0.09090 |
| GOOD TO GROW CDFI INVESTMENT FUND LLC | |||||||||||||
| 123 S BROAD STREET SUITE 1930 | PHILADELPHIA | PA | 19109 | 364907491 | INVESTMENT IN OTHER CDFI ENTITIES | DE | OPPORTUNITY FINANCE NETWORK | EXCLUDED | $29,810 | $1,259,087 | 0 | Yes (1) | 0.05000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | 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 | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| CDFI COMMUNITY INVESTMENT FUND I LLC | ||
| L | $49,000 | INDUSTRY STANDARD |
| GOOD TO GROW CDFI INVESTMENT FUND LLC | ||
| L | $119,990 | INDUSTRY STANDARD |