2022-11-03T16:01:32-07:00 2021-12-31 204723449 MESERET Y ZELEKE CPA 521 EL CERRITO PLAZA STE 521 EL CERRITO CA 94530 990 2021-01-01 454715883 Community First Lending COMM 5104129290 1535 Fred Jackson Way Richmond CA 94801 Charles Fowlkes CEO 2022-11-03 true Charles Fowlkes 999009999 Meseret Y Zeleke P01282958 5105271910 2 AAL1 IAL1 FAL1 2021 2022-09-23 18:48:47Z 1535 Fred Jackson Way Richmond CA 94801 234940 false X N/A X CA The Corporation is organized exclusively to benefit and support Community Housing Development Corporation of North Richmond ("CHDC"), in carrying out its purposes, in accordance with the provisions of IRS 509(a)(3) by securing capital from federal, state and local governments and from private sources to assist in providing financing for low and moderate income housing and establishing a revolving loan fund which will provide loans to low and moderate income households for the purpose of assisting in the purchase of affordable housing and/or communities, in furtherance of one of CHDC's charitable purposes. 5 5 0 0 200000 22469 34940 0 0 22469 234940 0 0 0 0 0 36424 123889 36424 123889 -13955 111051 1528421 1734329 837245 612440 691176 1121889 The Corporation is organized exclusively to benefit and support Community Housing Development Corporation of North Richmond ("CHDC"), in carrying out its purposes, in accordance with the provisions of IRS 509(a)(3) by securing capital from federal, state and local governments and from private sources to assist in providing financing for low and moderate income housing and establishing a revolving loan fund which will provide loans to low and moderate income households for the purpose of assisting in the purchase of affordable housing and/or communities, in furtherance of one of CHDC's charitable purposes. false false 97638 The general purpose of this Corporation is to have and exercise all rights and powers conferred on nonprofit corporations under the laws of California, provided that this corporation shall not, except to an insubstantial degree, engage in any activities or exercise any powers that are not in furtherance of the primary purpose of this Corporation. 97638 true false false false false false false false false false true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 3 0 true 0 false false false false false false false 0 false false false false false false false X 5 5 false false false false false false false true false false false true true true true true false true true false CA X CHDC 5104129290 1535 Fred Jackson Way Richmond CA 94801 X Annie King- Meredith Director 1.00 0.00 X 0 0 0 Leslie Stewart Director 1.00 0.00 X 0 0 0 Fred Lambright Treasurer 1.00 0.00 X 0 0 0 Darlene Williams Director 1.00 0.00 X 0 0 0 Marena Brown Director 1.00 0.00 X 0 0 0 Jenny Hicks President 1.00 0.00 X 0 0 0 Larry Taylor Vice President 1.00 0.00 X 0 0 0 Maria Benjamin Secretary 1.00 0.00 X 0 0 0 0 false false false 0 200000 200000 Interest (Loans) 34940 34940 Other fees 34940 0 0 0 0 0 0 0 0 0 234940 34940 0 0 0 0 0 0 0 0 0 0 0 0 8600 8600 0 0 0 0 0 0 7382 7382 0 0 0 0 0 0 0 243 243 7585 7585 Other Consultants 74605 74605 Bad Debts 22790 22790 Dues & Membership 2163 2163 Miscelleneous Expenses 521 521 0 123889 97638 26251 0 987072 1263469 0 0 0 0 0 523904 452110 0 6655 5025 1217 1136 325 81 0 0 0 0 10465 13644 1528421 1734329 2500 837245 609940 837245 612440 X -25581 405132 716757 716757 691176 1121889 1528421 1734329 X 111051 319662 X false true X true false X X 1 Community Housing Development Corpo 680235719 10 false 0 0 1 0 true false false false false false false false false false false false false false false true false 1217 1136 81 81 Due to Affiliate 160361 Due to City of Oakland 42132 Recoverable Grant 407447 609940 X 234940 234940 234940 123889 123889 123889 Part X : FIN48 Footnote Management has evaluated their tax positions and related income tax contingencies. Management does not believe that any material uncertain tax positions exist. Form 990, Part VI, Line 11b: Form 990 Review Process The tax return will be reviewed by the Board Secretary. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Officers, directors and key employees are required to complete a form and/or to disclose possible conflicts of interest and review by the board of directors. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The Board of Directors review and approve compensation. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The Board of Directors review and approve compensation. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Only upon request. Other Changes In Net Assets Or Fund Balances - Other Decreases Prior year adjustments = -$25978 Other Changes In Net Assets Or Fund Balances - Other Increases Prior year adjustments = $345640