COMMUNITY FACILITY PUBLIC PRIVATE PARTNERSHIPS: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- COMMUNITY FACILITY PUBLIC PRIVATE PARTNERSHIPS (EIN 20-5591574)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-14
- IRS object ID
- 202203189349104305
- 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-PF
- Accounting Fees Schedule
- Investments Govt Obligations Sch
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-14T13:39:47-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 450250958 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Eide Bailly LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 Nicollet Mall Ste 1300 | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 554027033 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 205591574 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Community Facility Public Private | BusinessNameLine1Txt |
| Business Name Line2 | Partnerships | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COMM | BusinessNameControlTxt |
| Phone | 6127357717 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 601 Carlson Parkway Suite 1050 | AddressLine1Txt |
| City | Minnetonka | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55305 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Steve Collins | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 6127357717 | PhoneNum |
| Signature | 2022-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Steve | PersonFirstNm |
| Person Last | Collins | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Deb Nelson CPA | PreparerPersonNm |
| PTIN | P01264758 | PTIN |
| Phone | 6122536500 | PhoneNum |
| Preparation | 2022-11-12 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $140,336,267 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $16,731 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $16,731 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $16,731 | InterestOnSavingsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$17,592 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $22,452 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $6,848,234 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $6,848,234 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $6,848,234 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $6,847,373 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $6,864,965 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $6,864,965 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $225,500 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $225,500 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $225,000 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $96,024 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $96,024 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $96,024 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $84,570 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $84,570 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $84,570 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $181,446 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $178,801 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $178,801 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $2,645 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $5,485,929 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $5,485,929 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $5,485,929 | InterestAdjNetIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $11,676 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $11,676 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $11,676 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $134,000 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $134,000 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $134,000 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $209,668 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $209,668 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $209,668 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $0 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $16,556 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $3,021 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $3,021 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $13,535 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $318,577 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $287,439 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $287,439 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $31,254 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $6,763,946 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $6,716,628 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $6,716,128 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $47,434 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $6,763,946 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $6,716,628 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $6,716,128 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $47,434 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $83,427 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $148,337 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $148,837 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $418,727 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $431,087 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $431,087 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $69,343 | AcctRcvblAmt |
| Acct Rcvbl BOY | $54,579 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $69,343 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $69,343 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $1,817,277 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $1,740,169 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $1,740,169 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $29,414,783 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $7,311,644 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $7,311,644 | USGovtObligationsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $5,337,997 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $993,694 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $35,531,997 | LandBOYAmt |
| Land EOY | $4,344,303 | LandEOYAmt |
| Land EOYFMV | $5,337,997 | LandEOYFMVAmt |
| Other Assets BOY | $84,899,030 | OtherAssetsBOYAmt |
| Other Assets EOY | $125,446,027 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $125,446,027 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $152,136,393 | TotalAssetsBOYAmt |
| Total Assets EOY | $139,342,573 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $140,336,267 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $3,802,722 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $3,714,555 | AccountsPayableEOYAmt |
| Mortgages And Notes Payable BOY | $986,268 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $986,268 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $149,683,640 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $136,911,874 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $154,472,630 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $141,612,697 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | -$2,336,237 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | -$2,270,124 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | -$2,336,237 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | -$2,270,124 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $152,136,393 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $139,342,573 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | -$2,336,237 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $83,427 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | -$2,252,810 | SubtotalAmt |
| Other Decreases | $17,314 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | -$2,270,124 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Land | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Sold | 2021-06-04 | SoldDt |
| Gross Sales Price | $22,452 | GrossSalesPriceAmt |
| Cost Or Other Basis | $40,044 | CostOrOtherBasisAmt |
| Gain Or Loss | -$17,592 | GainOrLossAmt |
| Gains Minus Excess Or Losses | -$17,592 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$17,592 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$17,592 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,062 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $2,062 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $2,062 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $49 | EsPenaltyAmt |
| Tax Due | $2,111 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MN | OrgReportOrRegisterStateCd |
| Org Report Or Register State | AZ | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | https://cfp3.org/ | WebsiteAddressTxt |
| Individual With Books | Brad Stedman CPA | IndividualWithBooksNm |
| Phone | 7013563101 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1921 6th St E | AddressLine1Txt |
| City | West Fargo | CityNm |
| State Abbreviation | ND | StateAbbreviationCd |
| ZIP | 58078 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Steve Collins | ||||||||
| 601 Carlson Parkway Suite 1050 | Minnetonka | MN | 55305 | President | 40.00 | $189,500 | $0 | $24,253 |
| Tom Anderson | ||||||||
| 601 Carlson Parkway Suite 1050 | Minnetonka | MN | 55305 | Chairperson | 6.00 | $12,000 | $0 | $849 |
| Michael Langley | ||||||||
| 601 Carlson Parkway Suite 1050 | Minnetonka | MN | 55305 | Secretary | 6.00 | $12,000 | $0 | $903 |
| Paul Abzug | ||||||||
| 601 Carlson Parkway Suite 1050 | Minnetonka | MN | 55305 | Treasurer | 6.00 | $12,000 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| McCarthy Building Companies Inc | |||||
| 509 North Alcoa Circle | Corona | CA | 92880 | Design & Building Services | $18,675,663 |
| Haskell Company | |||||
| 111 Riverside Ave | Jacksonville | FL | 32202 | Design & Building Services | $668,479 |
| Omni West Group Inc | |||||
| 3943 Irvine Blvd Suite 607 | Irvine | CA | 92602 | Development Services | $578,036 |
| HJ High Construction | |||||
| 1015 W Amelia St | Orlando | FL | 32805 | Design & Building Services | $520,641 |
| E2L Real Estate Solutions | |||||
| 1400 West Fairbanks Ave Suite 201 | Winter Park | FL | 32789 | Real Estate Developer & Project Manager | $363,785 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 13 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Community Facility Public Private Partnerships (CFP3) is a non-profit, tax-exempt organization created to partner with government and other tax-exempt groups to make the development, funding and operation of public and community facilities easier and more successful. The Corporation is the sole member of the following single member limited liability companies formed to serve the Corporation's charitable purposes: CFP Michigan, LLC, CFP Michigan II, LLC, CFP Taylor Governmental Center LLC, CFP Boynton Beach Town Square LLC, CFP Riverside LLC, CFP Sherman Hospital, LLC, EMU Campus Living, LLC, and Delaware County Sports, LLC. The CFP Sherman Hospital Project is expected to close March 31, 2023. EMU Campus Living, LLC to design finance, build, remodel, operate and maintain the Student Housing on Eastern Michigan University is expected to close November 15, 2022. Delaware County Sports, LLC, for a youth sports complex in Ohio is expected close first quarter of 2023. | Description1Txt |
| Expenses1 | $6,716,625 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $11,292,075 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $530,253 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $11,822,328 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $11,822,328 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $177,335 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $11,644,993 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $582,250 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $47,434 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $18,876,702 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $18,924,136 | QualifyingDistributionsAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $148,837 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $148,837 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $126,511 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $126,511 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $18,924,136 | CurrentYearAmt |
| Year1 | $58,656,109 | Year1Amt |
| Year2 | $57,836,261 | Year2Amt |
| Year3 | $348,865 | Year3Amt |
| Total | $135,765,371 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $10,000 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $10,000 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $18,924,136 | CurrentYearAmt |
| Year1 | $58,646,109 | Year1Amt |
| Year2 | $57,836,261 | Year2Amt |
| Year3 | $348,865 | Year3Amt |
| Total | $135,755,371 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $388,167 | CurrentYearAmt |
| Year1 | $1,875,423 | Year1Amt |
| Year2 | $2,361,845 | Year2Amt |
| Year3 | $880,201 | Year3Amt |
| Total | $5,505,636 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
| Total Grant Or Contri Pd Dur Yr | $0 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Revenue Dtl ProgramServiceRevenueDtl (4 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|
| Earned Revenue From Capital Leases | $6,326,937 |
| Operating Lease Income | $461,096 |
| Tenant Reimbursements | $52,413 |
| Developer Fees | $7,788 |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $16,731 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | -$17,592 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $16,731 | ExclusionAmt |
| Related Or Exempt Function Incm | $6,830,642 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $6,847,373 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 1 | The revenue generating activities help to bring public projects and communities to life. |
| 8 | Loss from the sale of a parcel associated with a public project |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $84,570 | Amt |
| Net Investment Income | $84,570 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $84,570 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $7,311,644 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $7,311,644 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Land | $125,000 | $0 | $125,000 | $125,000 |
| Building | $5,212,997 | $993,694 | $4,219,303 | $5,212,997 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $96,024 | LegalFeesAmt |
| Net Investment Income | $96,024 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $96,024 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Program Related Net Investment In Leases | Desc |
| BOY Book Value | $84,899,030 | BOYBookValueAmt |
| EOY Book Value | $125,446,027 | EOYBookValueAmt |
| EOYFMV | $125,446,027 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Unreal Loss on Investments | Desc |
| Amt | $17,314 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Project Expenses | $156,694 | $156,694 | $156,694 | $0 |
| Insurance Expense | $31,872 | $26,738 | $26,738 | $5,250 |
| Bank Charges | $1,735 | $1,735 | $1,735 | $0 |
| Office Expenses | $8,515 | $2,225 | $2,225 | $6,290 |
| Ground Leases | $77,254 | $77,254 | $77,254 | $0 |
| Advertising | $19,496 | $0 | $0 | $19,496 |
| Licenses, Permits, and Fees | $21,474 | $21,256 | $21,256 | $218 |
| Alarm Monitoring | $1,537 | $1,537 | $1,537 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Earned Revenue From Capital Leases | $6,326,937 | $6,326,937 | $6,326,937 |
| Operating Lease Income | $461,096 | $461,096 | $461,096 |
| Tenant Reimbursements | $52,413 | $52,413 | $52,413 |
| Developer Fees | $7,788 | $7,788 | $7,788 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| Bonds Payable | $138,697,502 | $136,903,316 |
| Deposit Liabilities | $3,544,794 | $0 |
| Construction Liability | $7,441,344 | $8,558 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Management Fees | $139,851 | $139,851 | $139,851 | $0 |
| Other Professional Fees | $41,595 | $38,950 | $38,950 | $2,645 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Payroll taxes | CategoryTxt |
| Amt | $11,676 | Amt |
| Net Investment Income | $11,676 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $11,676 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |