STRATEGY STUDIO / PUBLIC DATA EXPLORER

COMMUNITY REINVESTMENT FUND INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
COMMUNITY REINVESTMENT FUND INC (EIN 41-1616861)
Tax period
2019-07-01 to 2020-06-30
Filed
2021-03-22
IRS object ID
202100819349300815
Schema version
2019v5.2
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-03-22T11:28:29-05:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1220 S 6TH STREET SUITE 300AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN411616861EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1COMMUNITY REINVESTMENT FUND INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCOMMBusinessNameControlTxt
Phone6123383050PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1801 NICOLLET MALL 1700WAddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP554022903ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJENNIFER ANDERSONPersonNm
Person TitlePRESIDENT & CFOPersonTitleTxt
Phone6123383050PhoneNum
Signature2021-03-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN TAUERPreparerPersonNm
PTINP00294068PTIN
Phone6123764500PhoneNum
Preparation2021-03-11PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerFRANK ALTMANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1801 NICOLLET MALL 1700WAddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP554022903ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$53,118,127GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.CRFUSA.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1988FormationYr
Legal Domicile StateMNLegalDomicileStateCd
Activity Or MissionTO EMPOWER PEOPLE TO IMPROVE THEIR LIVES AND STRENGTHEN THEIR COMMUNITIES THROUGH INNOVATIVE FINANCIAL SOLUTIONS.ActivityOrMissionDesc
Voting Members Governing Body17VotingMembersGoverningBodyCnt
Voting Members Independent16VotingMembersIndependentCnt
Total Employee79TotalEmployeeCnt
Total Volunteers16TotalVolunteersCnt
Total Gross UBI$1,040,077TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm-$176,025NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$4,399,264PYContributionsGrantsAmt
CY Contributions Grants$17,117,536CYContributionsGrantsAmt
PY Program Service Revenue$18,948,530PYProgramServiceRevenueAmt
CY Program Service Revenue$36,000,591CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$9,970PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$23,357,764PYTotalRevenueAmt
CY Total Revenue$53,118,127CYTotalRevenueAmt
PY Grants And Similar Paid$36,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$150,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$8,998,090PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$12,414,366CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$771,400CYTotalFundraisingExpenseAmt
PY Other Expenses$12,408,127PYOtherExpensesAmt
CY Other Expenses$20,320,681CYOtherExpensesAmt
PY Total Expenses$21,442,217PYTotalExpensesAmt
CY Total Expenses$32,885,047CYTotalExpensesAmt
PY Revenues Less Expenses$1,915,547PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$20,233,080CYRevenuesLessExpensesAmt
Total Assets BOY$121,270,124TotalAssetsBOYAmt
Total Assets EOY$272,393,749TotalAssetsEOYAmt
Total Liabilities BOY$118,257,679TotalLiabilitiesBOYAmt
Total Liabilities EOY$250,202,665TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,012,445NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$22,191,084NetAssetsOrFundBalancesEOYAmt
MissionTO EMPOWER PEOPLE TO IMPROVE THEIR LIVES AND STRENGTHEN THEIR COMMUNITIES THROUGH INNOVATIVE FINANCIAL SOLUTIONS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$25,006,980ExpenseAmt
Grant$150,000GrantAmt
Revenue$33,546,743RevenueAmt
DescLENDING - AS A NONPROFIT, MISSION DRIVEN ORGANIZATION, COMMUNITY REINVESTMENT FUND (CRF) PROVIDES OTHERWISE UNAVAILABLE LOAN CAPITAL TO COMMUNITIES, SMALL BUSINESSES, ENTREPRENEURS, NONPROFIT ORGANIZATIONS AND HOUSING ORGANIZATIONS. DURING THE FISCAL YEAR 2020, CRF PROVIDED FINANCING TOTALING $189 MILLION IN 11 STATES. THE LOANS PROVIDED BY CRF RESULTING IN THE CREATION OR RETENTION OF MORE THAN 800 JOBS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,810,944ExpenseAmt
Grant$0GrantAmt
Revenue$1,413,771RevenueAmt
DescLOAN SERVICING - CRF IS A NATIONAL STANDARD & POOR'S-RATED LOAN SERVICER THAT SPECIALIZES IN PROVIDING HIGH-TOUCH, CUSTOMIZED SERVICE. WITH MORE THAN 20 YEARS OF EXPERIENCE, CRF FOCUSES ON SERVICING NON-TRADITIONAL LOAN PORTFOLIOS AND SERVING MISSION-ALIGNED ORGANIZATIONS. DURING THE 2020 FISCAL YEAR, CRF PROVIDED CONTRACT LOAN SERVICING FOR 59 COMMUNITY DEVELOPMENT LENDERS, REPRESENTING A VOLUME OF APPROXIMATELY 6,800 LOANS TOTALING $731 MILLION.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$26,817,924TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit CounselingYes (1)CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document59IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee79EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members17GoverningBodyVotingMembersCnt
Independent Voting Member16IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldALStatesWhereCopyOfReturnIsFldCd
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States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJENNIFER ANDERSONPersonNm
Phone6122249586PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1801 NICOLLET MALL SUITE 1700WAddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndKey EmployeeKeyEmployeeIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
FRANK ALTMAN
CEO40.000.00Yes (X)$374,038$0$20,620
GARY HOLMQUIST
REGIONAL DIRECTOR OF BUSINESS DEVELOPMENT40.000.00$287,071$0$31,151Yes (X)
JENNIFER ANDERSON
PRESIDENT AND CFO40.000.00Yes (X)$265,000$0$30,953
JENNIFER NOVAK
SVP CAPITAL MARKETS40.000.00Yes (X)$226,936$0$32,003
KEITH RACHEY
SVP AND CHIEF IMPACT OFFICER40.000.00Yes (X)$229,540$0$20,523
NICHOLAS ELDERS
SENIOR VP TECHNOLOGY PLATFORMS40.000.00Yes (X)$202,523$0$30,649
MICHELLE PAGE
VP LOAN SERVICING40.000.00Yes (X)$202,048$0$20,523
JUDITH JANDRO
SVP SMALL BUSINESS LENDING40.000.00Yes (X)$208,867$0$11,536
DANIEL KOMAREK
SVP AND CRO40.000.00Yes (X)$195,000$0$20,277
ERIC CHAPIN
GENERAL COUNSEL40.000.00$183,708$0$29,791Yes (X)
JENNIFER ERICSON
REGIONAL DIRECTOR OF BUSINESS DEVELOPMENT40.000.00$186,450$0$21,901Yes (X)
ERIK MAU
PRINCIPAL ARCHITECT40.000.00$165,743$0$28,893Yes (X)
DEBRA MOUNSEY
VP OF HUMAN RESOURCES40.000.00$164,565$0$13,899Yes (X)
PETER BERNACIAK
VP OF STRUCTURED FINANCE40.000.00$153,172$0$21,279Yes (X)
PATRICK DAVIS
VP OF PROGRAM STRATEGY AND DEVELOPMENT40.000.00$148,574$0$14,065Yes (X)
REZA AGHAMIRZADEH
CHAIR1.000.00Yes (X)$0$0$0Yes (X)
LUTHER RAGIN JR
VICE CHAIR1.000.00Yes (X)$0$0$0Yes (X)
SALLI MARTYNIAK
SECRETARY1.000.00Yes (X)$0$0$0Yes (X)
LAURA TRUDEAU
SECRETARY1.000.00Yes (X)$0$0$0Yes (X)
EILEEN FITZGERALD
TREASURER1.000.00Yes (X)$0$0$0Yes (X)
STEVEN KENT
TREASURER1.000.00Yes (X)$0$0$0Yes (X)
DAVID ADAME
TRUSTEE1.000.00$0$0$0Yes (X)
MICHAEL BANNER
TRUSTEE1.000.00$0$0$0Yes (X)
GAVIN BOROWIAK
TRUSTEE1.000.00$0$0$0Yes (X)
TONY BROWN
TRUSTEE1.000.00$0$0$0Yes (X)
DONET GRAVES
TRUSTEE1.000.00$0$0$0Yes (X)
CALVIN HOLMES
TRUSTEE1.000.00$0$0$0Yes (X)
WILLIAM KUGLER
TRUSTEE1.000.00$0$0$0Yes (X)
KIMBERLY LATTIMER-NELLIGAN
TRUSTEE1.000.00$0$0$0Yes (X)
WILLIE F LOGAN
TRUSTEE1.000.00$0$0$0Yes (X)
ANDREW POSNER
TRUSTEE1.000.00$0$0$0Yes (X)
KATHRYN ROCK
TRUSTEE1.000.00$0$0$0Yes (X)
DANIEL SPILLER
TRUSTEE1.000.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,193,235TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$348,063TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K27IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
MAIN STREET FUNDING GROUP LLC
356 NW ALICE AVESTUARTFL34994CONSULTING$253,194
CLIFTON LARSON ALLEN LLP
200 SOUTH SIXTH ST SUITE 1400MINNEAPOLISMN55402ACCOUNTING$250,185
NOVOGRADIC & COMPANY LLP
PO BOX 7833SAN FRANCISCOCA94120ACCOUNTING$197,250
CSTMR LLC
12600 HILL COUNTRY BLVD SUITE R-27AUSTINTX78738CONSULTING$175,150
MARK GAVIN CONSULTING
9006 GOULD ROADEDEN PRARIEMN55347CONSULTING$167,634
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K7CntrctRcvdGreaterThan100KCnt
All Other Contributions$17,117,536AllOtherContributionsAmt
Total Contributions$17,117,536TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
LOAN SERVICING TRANSACTION FEES525990$20,607,158$20,607,158
OTHER LENDING INCOME525990$8,007,646$8,007,646
LOAN SERVICING INTEREST INCOME525990$6,345,710$6,345,710
SPARK SOFTWARE SALES900099$1,040,077$1,040,077
FieldValueIRS element (for citing)
Total Program Service Revenue$36,000,591TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$53,118,127TotalRevenueColumnAmt
Related Or Exempt Func Income$34,960,514RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$1,040,077UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$150,000TotalAmt
Program Services$150,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$3,008,790TotalAmt
Program Services$1,815,646ProgramServicesAmt
Management And General$882,856ManagementAndGeneralAmt
Fundraising$310,288FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$7,734,055TotalAmt
Program Services$5,239,816ProgramServicesAmt
Management And General$2,194,821ManagementAndGeneralAmt
Fundraising$299,418FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,033,122TotalAmt
Program Services$723,185ProgramServicesAmt
Management And General$268,612ManagementAndGeneralAmt
Fundraising$41,325FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$638,399TotalAmt
Program Services$436,684ProgramServicesAmt
Management And General$171,912ManagementAndGeneralAmt
Fundraising$29,803FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$675,495TotalAmt
Program Services$342,175ProgramServicesAmt
Management And General$333,320ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$314,660TotalAmt
Management And General$314,660ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$4,528,518TotalAmt
Program Services$3,825,983ProgramServicesAmt
Management And General$655,475ManagementAndGeneralAmt
Fundraising$47,060FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$390,041TotalAmt
Program Services$343,540ProgramServicesAmt
Management And General$46,501ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$34,773TotalAmt
Program Services$12,653ProgramServicesAmt
Management And General$20,629ManagementAndGeneralAmt
Fundraising$1,491FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$218,736TotalAmt
Program Services$156,103ProgramServicesAmt
Management And General$55,937ManagementAndGeneralAmt
Fundraising$6,696FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$299,661TotalAmt
Program Services$205,162ProgramServicesAmt
Management And General$83,045ManagementAndGeneralAmt
Fundraising$11,454FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$250,512TotalAmt
Program Services$188,497ProgramServicesAmt
Management And General$58,169ManagementAndGeneralAmt
Fundraising$3,846FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$5,297,453TotalAmt
Program Services$5,297,453ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$364,189TotalAmt
Program Services$302,078ProgramServicesAmt
Management And General$54,582ManagementAndGeneralAmt
Fundraising$7,529FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$200,765TotalAmt
Program Services$102,319ProgramServicesAmt
Management And General$91,434ManagementAndGeneralAmt
Fundraising$7,012FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
PROVISION FOR LOAN LOSS$5,886,022$5,886,022
ALLOWANCE FOR RECEIVABL$839,664$839,664
AMORTIZATION OF SERVICI$545,563$545,563
REFERRAL FEES$275,259$275,259

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$199,370TotalAmt
Program Services$130,122ProgramServicesAmt
Management And General$63,770ManagementAndGeneralAmt
Fundraising$5,478FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$32,885,047TotalAmt
Program Services$26,817,924ProgramServicesAmt
Management And General$5,295,723ManagementAndGeneralAmt
Fundraising$771,400FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$26,161,034BOYAmt
EOY$46,063,259EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$628,167BOYAmt
EOY$441,447EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$564,467BOYAmt
EOY$20,748,175EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$85,376,204BOYAmt
EOY$197,201,397EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$7,539,503LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$6,598,713LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$938,516BOYAmt
EOY$940,790EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$1,406,196BOYAmt
EOY$1,406,196EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$6,195,540BOYAmt
EOY$5,592,485EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$121,270,124BOYAmt
EOY$272,393,749EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$9,696,399BOYAmt
EOY$19,160,087EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$10,694,729BOYAmt
EOY$9,077,234EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
EOY$140,059,009EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$97,866,551BOYAmt
EOY$81,906,335EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$118,257,679BOYAmt
EOY$250,202,665EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,329,646BOYAmt
EOY$17,308,643EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,682,799BOYAmt
EOY$4,882,441EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,012,445BOYAmt
EOY$22,191,084EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$121,270,124BOYAmt
EOY$272,393,749EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$20,233,080ReconcilationRevenueExpnssAmt
Prior Period Adjustments$75,980PriorPeriodAdjustmentsAmt
Other Changes In Net Assets-$1,130,421OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type2Yes (X)SupportingOrgType2Ind
Supported Organizations12SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp (12 entries)

EINEINOrganization TypeOrganizationTypeCdGoverning Document ListedGoverningDocumentListedIndSupportSupportAmtOther SupportOtherSupportAmt
LOW INCOME INVESTMENT FUND
94295257870$0$0
LOS ANGELES LDC INC
953532380100$0$0
FORWARD COMMUNITY INVESTMENTS INC
39181557870$0$0
NEIGHBORHOOD LENDING PARNTERS
010581489100$0$0
CHICAGO COMMUNITY LOAN FUND
36376212370$0$0
STEWARD OF AFFORDABLE HOUSING FOR THE FUTURE
06169721370$0$0
TENDERLOIN NEIGHBORHOOD DEVELOPMENT CORPORATION
942761808100$0$0
INVEST DETROIT FOUNDATION
27192736970$0$0
CHICANOS POR LA CAUSA
86022721070$0$0
CAPITAL GOOD FUND
800348382100$0$0
MILWAUKEE COMMUNITY BUSINESS COLLABORATIVE INC
46368922470$0$0
OPA-LOCKA COMMUNITY DEVELOPMENT CORPORATION
59210663570$0$0
FieldValueIRS element (for citing)
Supported Organizations Total12SupportedOrganizationsTotalCnt
Support Sum$0SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing Doc0ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt OrgYes (1)OrganizationChangeSuprtOrgInd
Supported Org Class Designated0SupportedOrgClassDesignatedInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd
FieldValueIRS element (for citing)
Majority Dir Trst Supported Org0MajorityDirTrstSupportedOrgInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, SECTION A, LINE 1ORGANIZATIONS LISTED IN GOVERNING DOCUMENTS: CRF IS A NOT-FOR-PROFIT FINANCIAL SERVICES CORPORATION THAT PROVIDES SERVICES AND NEW LOAN CAPITAL FOR COMMUNITY BASED DEVELOPMENT ORGANIZATIONS, INCLUDING 501(C)3 ENTITIES AND GOVERNMENTAL ENTITIES. CRF SUPPORTS A CLASS OF BENEFICIARY ORGANIZATIONS THAT INCLUDE SECTION 501(C)(3) LOCAL ECONOMIC DEVELOPMENT ORGANIZATIONS AND UNITS OF FEDERAL, STATE, COUNTY OR MUNICIPAL GOVERNMENT, OR DULY CONSTITUTED AGENCIES THEREOF THAT FOCUS THEIR LENDING ACTIVITIES AT ECONOMICALLY DISTRESSED OR DECLINING AREAS, DISADVANTAGED PERSONS, NEIGHBORHOOD OR COMMUNITY REVITALIZATION, OR OTHER SECTION 501(C)(3) CHARITABLE PURPOSES AND THAT ARE CLASSIFIED AS SECTION 509(A)(1) OR (2) ORGANIZATIONS UNDER THE INTERNAL REVENUE CODE. THE GOVERNING INSTRUMENTS OF THE ORGANIZATION PROVIDE THAT ITS SUPPORTED ORGANIZATIONS INCLUDE LOCAL ECONOMIC DEVELOPMENT ORGANIZATIONS THAT ARE CLASSIFIED AS PUBLIC CHARITIES AND GOVERNMENTAL UNITS.
PART IV, SECTION A, LINE 5ASUPPORTED ORGANIZATIONS LISTING: THE FOLLOWING ORGANIZATIONS WERE ADDED FROM THE REPORTABLE LIST OF SUPPORTED ORGANIZATIONS FOR PURPOSES OF SCHEDULE A: NEIGHBORHOOD LENDING PARTNERS INC.: 01-0581489, A REPRESENTATIVE OF THE SUPPORTED ORGANIZATION IS ON THE BOARD OF TRUSTEES OF COMMUNITY REINVESTMENT FUND. TENDERLOIN NEIGHBORHOOD DEVELOPMENT CORPORATION: 94-2761808, A REPRESENTATIVE OF THE SUPPORTED ORGANIZATION IS ON THE BOARD OF TRUSTEES OF COMMUNITY REINVESTMENT FUND. THE FOLLOWING ORGANIZATIONS WERE REMOVED FROM THE REPORTABLE LIST OF SUPPORTED ORGANIZATIONS FOR PURPOSES OF SCHEDULE A: GREATER METROPOLITAN HOUSING CORPORATION: 41-0968007, BOARD MEMBER LEFT THAT WAS AFFILIATED WITH THIS SUPPORTED ORGANIZATION LIFTFUND INC.: 74-2712770, BOARD MEMBER LEFT THAT WAS AFFILIATED WITH THIS SUPPORTED ORGANIZATION WAR ON POVERTY - FLORIDA, INC.: 20-8631269, BOARD MEMBER LEFT THAT WAS AFFILIATED WITH THIS SUPPORTED ORGANIZATION
PART IV, SECTION C, LINE 1ORGANIZATIONS LISTED IN GOVERNING DOCUMENTS: THE GOVERNING INSTRUMENTS OF THE ORGANIZATION REQUIRE THAT A MAJORITY OF ITS TRUSTEES SHALL BE REPRESENTATIVES OF SUPPORTED ORGANIZATIONS. THE ORGANIZATION SERVES A CLASS OF SUPPORTED ORGANIZATIONS AS DESCRIBED ABOVE. THE ORGANIZATION IS CONTROLLED BY THE ORGANIZATIONS IT SUPPORTS SINCE THE MAJORITY OF THE ORGANIZATION'S TRUSTEES ARE REPRESENTATIVES OF ITS SUPPORTED ORGANIZATIONS.

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

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

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Political Expenditures$0PoliticalExpendituresAmt
Volunteer Hours0VolunteerHoursCnt
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Volunteers0VolunteersInd
Paid Staff Or Management0PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact Legislators0DirectContactLegislatorsInd
Rallies Demonstrations0RalliesDemonstrationsInd
Other ActivitiesYes (1)OtherActivitiesInd
Other Activities$63,000OtherActivitiesAmt
Total Lobbying Expenditures$63,000TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationDESCRIPTION OF LOBBYING ACTIVITIES: CRF HAS PAID A CONSULTING FIRM TO ASSIST WITH WORK IN CONGRESS FOR THE CONTINUED ADVOCACY FOR THE NEW MARKETS TAX CREDIT PROGRAM, BOND GUARANTEE PROGRAM, AND OTHER PROGRAMS THAT BENEFIT THE CDFI INDUSTRY.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (1)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$625,452OtherCostOrOtherBasisAmt
Depreciation$262,836DepreciationAmt
Book Value$362,616BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,317,000OtherCostOrOtherBasisAmt
Depreciation$1,899,291DepreciationAmt
Book Value$417,709BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,597,051OtherCostOrOtherBasisAmt
Depreciation$4,436,586DepreciationAmt
Book Value$160,465BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$940,790TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, LINE 2B:THE ESCROW LIABILITY ON BALANCE SHEET REPRESENTS FUNDS HELD IN TRUST FOR BORROWERS.
PART X, LINE 2:THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT CRF IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. SIMILAR EXEMPTIONS EXIST UNDER MINNESOTA STATUTES. NNMTCF, A FOR-PROFIT SUBSIDIARY OF CRF, FILES TAX RETURNS AS A FOR-PROFIT ENTITY; HOWEVER, ITS CURRENT ACTIVITIES HAVE NOT GENERATED TAXABLE INCOME. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Recipient Table RecipientTable (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDescPurpose Of GrantPurposeOfGrantTxt
WEST BROADWAY BUSINESS AND AREA COALITION
1011 WEST BROADWAY AVE NMINNEAPOLISMN55411411985423501(C)(3)$50,000$0N/AN/AGENERAL SUPPORT
LAKE STREET COUNCIL
PO BOX 7091MINNEAPOLISMN55407410975738501(C)(3)$50,000$0N/AN/AGENERAL SUPPORT
LATINO ECONOMIC DEVELOPMENT CENTER
804 MARGARET STREETST PAULMN55106510467167501(C)(3)$50,000$0N/AN/AGENERAL SUPPORT
FieldValueIRS element (for citing)
Total501c3 Org3Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (15 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
FRANK ALTMAN
CEO$339,000$0$35,000$0$38$0$14,000$0$6,620$0$394,658$0$394,658$0
GARY HOLMQUIST
REGIONAL DIRECTOR OF BUSINESS DEVELO$122,400$0$162,944$0$1,727$0$10,628$0$20,523$0$318,222$0$318,222$0
JENNIFER ANDERSON
PRESIDENT AND CFO$265,000$0$0$0$0$0$13,250$0$17,703$0$295,953$0$295,953$0
JENNIFER NOVAK
SVP CAPITAL MARKETS$226,000$0$0$0$936$0$11,480$0$20,523$0$258,939$0$258,939$0
KEITH RACHEY
SVP AND CHIEF IMPACT OFFICER$229,000$0$0$0$540$0$0$0$20,523$0$250,063$0$250,063$0
NICHOLAS ELDERS
SENIOR VP TECHNOLOGY PLATFORMS$201,000$0$0$0$1,523$0$10,126$0$20,523$0$233,172$0$233,172$0
MICHELLE PAGE
VP LOAN SERVICING$201,000$0$0$0$1,048$0$0$0$20,523$0$222,571$0$222,571$0
JUDITH JANDRO
SVP SMALL BUSINESS LENDING$207,060$0$0$0$1,807$0$0$0$11,536$0$220,403$0$220,403$0
DANIEL KOMAREK
SVP AND CRO$195,000$0$0$0$0$0$6,375$0$13,902$0$215,277$0$215,277$0
ERIC CHAPIN
GENERAL COUNSEL$183,000$0$0$0$708$0$9,268$0$20,523$0$213,499$0$213,499$0
JENNIFER ERICSON
REGIONAL DIRECTOR OF BUSINESS DEVELO$119,646$0$65,976$0$828$0$9,323$0$12,578$0$208,351$0$208,351$0
ERIK MAU
PRINCIPAL ARCHITECT$165,000$0$0$0$743$0$8,370$0$20,523$0$194,636$0$194,636$0
DEBRA MOUNSEY
VP OF HUMAN RESOURCES$164,000$0$0$0$565$0$7,279$0$6,620$0$178,464$0$178,464$0
PETER BERNACIAK
VP OF STRUCTURED FINANCE$151,000$0$0$0$2,172$0$7,377$0$13,902$0$174,451$0$174,451$0
PATRICK DAVIS
VP OF PROGRAM STRATEGY AND DEVELOPME$147,500$0$0$0$1,074$0$7,445$0$6,620$0$162,639$0$162,639$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 7FormAndLineReferenceDesc
ExplanationCRF PAYS COMMISSIONS TO CERTAIN EMPLOYEES, WHICH MAY INCLUDE SOME HIGHLY COMPENSATED INDIVIDUALS LISTED ON FORM 990, PART VII. ADDITIONALLY, CRF PAYS INCENTIVE COMPENSATION TO MANAGEMENT AND STAFF IN ACCORDANCE WITH ITS COMPENSATION PLAN, WHICH MAY INCLUDE SOME HIGHLY COMPENSATED INDIVIDUALS LISTED ON FORM 990, PART VII.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1THE EXECUTIVE COMMITTEE (COMMITTEE) CONSISTING OF AT LEAST FIVE PERSONS APPOINTED BY THE BOARD OF TRUSTEES (BOARD) FROM ITS RANKS; AND THE BYLAWS ALSO PROVIDE THAT THE EXECUTIVE COMMITTEE SHALL HAVE THE POWER AND AUTHORITY AS MAY BE DELEGATED TO IT BY THE BOARD OF TRUSTEES. THE COMMITTEE SHALL BE COMPRISED OF THE FOLLOWING BOARD OFFICERS: CHAIRPERSON, VICE CHAIRPERSON, SECRETARY, TREASURER, CHIEF EXECUTIVE OFFICER, AND THE CHAIRS OF THE AUDIT COMMITTEE, CREDIT POLICY AND ENTERPRISE RISK MANAGEMENT COMMITTEE, DEVELOPMENT COMMITTEE, AND FINANCE COMMITTEE. BOARD OFFICERS MAY BE BOTH AN OFFICER AND THE CHAIR OF A COMMITTEE. THE BOARD CHAIRPERSON SHALL BE THE CHAIRPERSON OF THE COMMITTEE. THE CHAIRPERSON SHALL PRESIDE AT MEETING OF THE COMMITTEE AND MAY INVITE VARIOUS OFFICERS OF CRF TO PARTICIPATE OR PROVIDE REPORTS ON AN OCCASIONAL OR STANDING BASIS TO THE COMMITTEE. THE COMMITTEE SHALL EXERCISE THE POWER AND AUTHORITY AS DELEGATED BY THE BOARD. AS PART OF THE COMMITTEE'S DELEGATED AUTHORITY TO SET THE COMPENSATION AND REVIEW THE PERFORMANCE OF THE CEO AND SUCH OTHER OFFICERS AS IT DEEMS APPROPRIATE, THE COMMITTEE IS RESPONSIBLE FOR SETTING THE INCENTIVE POOL THROUGH ITS REVIEW OF THE PERFORMANCE OF THE CEO IN ACCORDANCE WITH CRF'S COMPENSATION POLICY.
FORM 990, PART VI, SECTION A, LINE 7ASUBSEQUENT TO THE INITIAL BOARD OF TRUSTEES, A MAJORITY OF THE BOARD SHALL CONSIST OF INDIVIDUALS APPOINTED OR ELECTED BY BENEFICIARY ORGANIZATIONS. AS PROVIDED IN THE ARTICLES OF INCORPORATION, THE CLASS OF BENEFICIARY ORGANIZATION SUPPORTED BY THE CORPORATION IS LIMITED TO LOCAL ECONOMIC DEVELOPMENT ORGANIZATIONS AND UNITS OF FEDERAL, STATE, COUNTY OR MUNICIPAL GOVERNMENT, OR DULY CONSTITUTED AGENCIES THEREOF, THAT FOCUS THEIR LENDING ACTIVITIES AT ECONOMICALLY DISTRESSED OR DECLINING AREAS, DISADVANTAGED PERSONS, NEIGHBORHOOD OR COMMUNITY REVITALIZATION, OR OTHER SECTION 501(C)(3) CHARITABLE PURPOSES AND THAT ARE CLASSIFIED AS SECTION 509(A)(1) OR (2) ORGANIZATIONS UNDER THE INTERNAL REVENUE CODE.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS REVIEWED IN DETAIL BY SENIOR MANAGEMENT BEFORE FILING WITH THE IRS. A FINAL COPY OF THE RETURN IS SENT TO THE BOARD FOR A HIGH LEVEL REVIEW PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CBECAUSE CRF IS A 509(A)(3) SUPPORTING ORGANIZATION, A MAJORITY OF THE GOVERNING BOARD COULD QUALIFY AS POTENTIAL CLIENTS. THE BOARD HAS CHOSEN NOT TO REVIEW INDIVIDUAL LOANS. AS A RESULT, THERE IS NO LONGER A POTENTIAL CONFLICT ISSUE IN THAT AREA. CERTAIN TRUSTEES ARE AFFILIATED WITH FINANCIAL INSTITUTIONS THAT MAY BE INVOLVED WITH A CRF TRANSACTION, AND IN THOSE CASES, THE TRUSTEE ABSTAINS FROM ANY RELATED VOTE. ALL TRUSTEES ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. ALL EMPLOYEES ARE ALSO COVERED UNDER A CONFLICT OF INTEREST POLICY AND ARE REQUIRED TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AS SOON AS POSSIBLE. TRUSTEE ANNUALLY AFFIRM CONFLICT OF INTEREST POLICY AND DUTY TO DISCLOSE AT EACH BOARD MEETING IF SUBJECT OF DISCUSSION OR DECISION IS POTENTIAL CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15ATHE BOARD HAS APPROVED A COMPENSATION POLICY TO SET THE FRAMEWORK FOR EXECUTIVE AND STAFF COMPENSATION BASED ON A STUDY PERFORMED BY AN INDEPENDENT COMPENSATION CONSULTANT. THE EXECUTIVE COMMITTEE OF BOARD APPROVES COMPENSATION FOR THE CEO BASED ON A COMPENSATION STUDY. THE EXECUTIVE COMMITTEE REVIEWS A COMPENSATION STUDY FOR SENIOR EXECUTIVES. THE MOST RECENT EXECUTIVE COMPENSATION STUDY WAS COMPLETED DURING FISCAL YEAR 2017. THE CEO APPROVES COMPENSATION FOR OTHER EXECUTIVE OFFICERS IN ACCORDANCE WITH THE COMPENSATION POLICY. COMPENSATION DECISIONS ARE DOCUMENTED WITH THE HUMAN RESOURCES DEPARTMENT. HUMAN RESOURCES WORKED WITH THE CEO, PRESIDENT AND A THIRD PARTY CONSULTANT TO BENCHMARK EMPLOYEE COMPENSATION TO INDUSTRY STANDARDS DURING FISCAL YEAR 2019.
FORM 990, PART VI, SECTION C, LINE 19THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11GPPP AGENT FEES: PROGRAM SERVICE EXPENSES 1,835,039. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,835,039. TEMPORARY CONTRACTORS: PROGRAM SERVICE EXPENSES 777,550. MANAGEMENT AND GENERAL EXPENSES 99,961. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 877,511. OTHER CONSULTANTS: PROGRAM SERVICE EXPENSES 1,213,394. MANAGEMENT AND GENERAL EXPENSES 555,514. FUNDRAISING EXPENSES 47,060. TOTAL EXPENSES 1,815,968.
FORM 990, PART XI, LINE 9:CHANGE IN ACCOUNTING POLICY -101,176. RETURN OF RESTRICTED GRANT REVENUE -1,000,000. CHANGE IN VALUE OF LCOM -29,245.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (46 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
CRF AFFORDABLE HOUSING NO 1 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE-$10,180$1,666,827COMMUNITY REINVESTMENT FUND INC
CRF AFFORDABLE HOUSING NO 2 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$88,337$5,964,381COMMUNITY REINVESTMENT FUND INC
CRF AFFORDABLE HOUSING NO 3 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$20,935$18,583,706COMMUNITY REINVESTMENT FUND INC
CRF 18 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE-$50,365$1,205,786COMMUNITY REINVESTMENT FUND INC
CRF 19 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE-$521,152$1,187,859COMMUNITY REINVESTMENT FUND INC
CRF CHARTER SCHOOL INVESTOR LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0COMMUNITY REINVESTMENT FUND INC
CRF FUND MANAGEMENT SERVICES LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0COMMUNITY REINVESTMENT FUND INC
CRF HOLDINGS LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0COMMUNITY REINVESTMENT FUND INC
CRF AFFORDABLE HOUSING NO 3 GUARANTOR LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0COMMUNITY REINVESTMENT FUND INC
CRF SMALL BUSINESS LOAN COMPANY LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402475318624COMMUNITY DEVELOPMENTDE-$258,420$168,001,774COMMUNITY REINVESTMENT FUND INC
CRF QI LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0COMMUNITY REINVESTMENT FUND INC
CRF DETROIT HOME MORTGAGE FUND (2016) LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$8,825$1,730,310COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF I GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF II GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF XIII GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF XIV GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$1$0COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF XV GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$3$0COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF XVI GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$12$0COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF XVII GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$12$0COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF XVIII GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$7$0COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF XIX GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$6$0COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF XX GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$6$0COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF XXI GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$18$0COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF XXII GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$5$9,162COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF XXIII GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$5$515COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF XXIV GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$34$1,045COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF XXV GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$17$1,911COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF XXVI GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$13$1,507COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF XXVII GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$9$1,302COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF XXVIII GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$10$773COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF XXIX GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$10$834COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF XXX GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$11$1,175COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF XXXI GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$14$1,480COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF XXXII GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$8$850COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF XXXIII GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF XXXIV GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF XXXV GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF XXXVI GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF XXXVII GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF XXXVIII GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF XXXIX GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0COMMUNITY REINVESTMENT FUND INC
CRF NNMTCF XL GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0COMMUNITY REINVESTMENT FUND INC
CRF BLC BETA GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0COMMUNITY REINVESTMENT FUND INC
CRF DHM DEVELOPER PROGRAM LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE-$1,200$1,200COMMUNITY REINVESTMENT FUND INC
CRF CSBRF LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$1,525$10,414,582COMMUNITY REINVESTMENT FUND INC
CRF SBA PPP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0COMMUNITY REINVESTMENT FUND INC

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (12 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
LOW INCOME INVESTMENT FUND
100 PINE STREET SUITE 1800SAN FRANCISCOCA94111942952578COMMUNITY DEVELOPMENTCA501(C)(3)LINE 7N/A0
LOS ANGELES LDC INC
120 WILSHIREBLVD SUITE 404LOS ANGELESCA90017953532380COMMUNITY DEVELOPMENTCA501(C)(3)LINE 10N/A0
FORWARD COMMUNITY INVESTMENTS INC
211 S PATTERSON STREET NMADISONWI53703391815578COMMUNITY DEVELOPMENTWI501(C)(3)LINE 7N/A0
CHICANOS POR LA CAUSA
1112 E BUCKEYE RDPHOENIXAZ85034860227210COMMUNITY DEVELOPMENTAZ501(C)(3)LINE 7N/A0
CHICAGO COMMUNITY LOAN FUND
29 E MADISON SUITE 1700CHICAGOIL60602363762123COMMUNITY DEVELOPMENTIL501(C)(3)LINE 7N/A0
CAPITAL GOOD FUND
22 A STPROVIDENCERI02907800348382COMMUNITY DEVELOPMENTRI501(C)(3)LINE 10N/A0
MILWAUKEE COMMUNITY BUSINESS COLLABORATIVE INC
2821 WEL R PHILLIPS AVE SUITE 300MILWAUKEEWI53212463689224COMMUNITY DEVELOPMENTWI501(C)(3)LINE 7N/A0
NEIGHBORHOOD LENDING PARTNERS INC
3615 W SPRUCE STTAMPAFL33607010581489COMMUNITY DEVELOPMENTFL501(C)(3)LINE 10N/A0
OPA-LOCKA COMMUNITY DEVELOPMENT CORPORATION
490 OPA-LOCKA BLVDOPALOCKAFL33054592106635COMMUNITY DEVELOPMENTFL501(C)(3)LINE 7N/A0
TENDERLOIN NEIGHBORHOOD DEVELOPMENT CORPORATION
201 EDDY STSAN FRANCISCOCA94102942761808COMMUNITY DEVELOPMENTCA501(C)(3)LINE 10N/A0
STEWARDS OF AFFORDABLE HOUSING FOR THE FUTURE
10 G STREET NE NO 580WASHINGTONDC20002061697213COMMUNITY DEVELOPMENTDC501(C)(3)LINE 7N/A0
INVEST DETROIT FOUNDATION
600 RENAISSANCE CENTER NO 1710DETROITMI48243271927369COMMUNITY DEVELOPMENTMI501(C)(3)LINE 7N/A0

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (32 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdPredominant Income TypePredominantIncomeTypeTxtDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerIndOwnershipOwnershipPctShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
BUSINESS LOAN CONDUIT NO 13 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402271656519COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.00010
BUSINESS LOAN CONDUIT NO 14 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402271656570COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.00010$1
BUSINESS LOAN CONDUIT NO 15 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402271656714COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.00010$3
BUSINESS LOAN CONDUIT NO 16 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402271656769COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.00010$12
BUSINESS LOAN CONDUIT NO 17 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402271656826COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.00010$12
BUSINESS LOAN CONDUIT NO 18 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402452934614COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.00010$7
BUSINESS LOAN CONDUIT NO 19 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402452934736COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.00010$6
BUSINESS LOAN CONDUIT NO 20 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402452934835COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.00010$6
BUSINESS LOAN CONDUIT NO 21 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402452934956COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.00010$18
BUSINESS LOAN CONDUIT NO 22 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402452935036COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.00010$5$9,162
BUSINESS LOAN CONDUIT NO 23 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402461414743COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.00010$5$515
BUSINESS LOAN CONDUIT NO 24 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402461420143COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.00010$34$1,045
BUSINESS LOAN CONDUIT NO 25 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402461440227COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.00010$17$1,911
BUSINESS LOAN CONDUIT NO 26 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402461450685COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.00010$13$1,507
BUSINESS LOAN CONDUIT NO 27 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402461458369COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.00010$9$1,302
BUSINESS LOAN CONDUIT NO 28 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402461467262COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.00010$10$773
BUSINESS LOAN CONDUIT NO 29 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402461477071COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.00010$10$834
BUSINESS LOAN CONDUIT NO 30 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402461486451COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.00010$11$1,175
BUSINESS LOAN CONDUIT NO 31 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402813617299COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.00010$14$1,480
BUSINESS LOAN CONDUIT NO 32 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402813634010COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.00010$8$850
BUSINESS LOAN CONDUIT NO 33 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402813647185COMMUNITY DEVELOPMENTDERELATED0Yes (1)1.00000COMMUNITY REINVESTMENT FUND INC
BUSINESS LOAN CONDUIT NO 34 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402813661131COMMUNITY DEVELOPMENTDERELATED0Yes (1)1.00000COMMUNITY REINVESTMENT FUND INC
BUSINESS LOAN CONDUIT NO 35 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402813674447COMMUNITY DEVELOPMENTDERELATED0Yes (1)1.00000COMMUNITY REINVESTMENT FUND INC
BUSINESS LOAN CONDUIT NO 36 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402813686854COMMUNITY DEVELOPMENTDERELATED0Yes (1)1.00000COMMUNITY REINVESTMENT FUND INC
BUSINESS LOAN CONDUIT NO 37 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402813703301COMMUNITY DEVELOPMENTDERELATED0Yes (1)1.00000COMMUNITY REINVESTMENT FUND INC
BUSINESS LOAN CONDUIT NO 38 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402813725330COMMUNITY DEVELOPMENTDERELATED0Yes (1)1.00000COMMUNITY REINVESTMENT FUND INC
BUSINESS LOAN CONDUIT NO 39 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402813749405COMMUNITY DEVELOPMENTDERELATED0Yes (1)1.00000COMMUNITY REINVESTMENT FUND INC
BUSINESS LOAN CONDUIT NO 40 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402813765932COMMUNITY DEVELOPMENTDERELATED0Yes (1)1.00000COMMUNITY REINVESTMENT FUND INC
CHASE NMTC RESURRECTION UNIVERSITY INVESTMENT FUND LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402453420587COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)
CHASE NMTC PAVE INVESTMENT FUND LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402800809242COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)
CHASE NMTC HONEYWELL INVESTMENT FUND LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402455306999COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)
GDP-NNMTCF INVESTMENT FUND LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402461401855COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1NATIONAL NEW MARKET TAX CREDIT FUND INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1801 NICOLLET MALL SUITE 1700WAddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd
FieldValueIRS element (for citing)
EIN753013049EIN
Primary ActivitiesURBAN DEVELOPMENTPrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1COMMUNITY REINVESTMENT FUND INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeCEntityTypeTxt
Share Of EOY Assets$94ShareOfEOYAssetsAmt
Ownership1.00000OwnershipPct
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd