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GREAT RIVERS COMMUNITY TR: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
GREAT RIVERS COMMUNITY TR (EIN 43-1925293)
Tax period
2023-04-01 to 2024-03-31
Filed
2025-02-15
IRS object ID
202510469349300401
Schema version
2023v6.0
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)
Return2025-02-15T06:15:12-06:00ReturnTs
Tax Period End2024-03-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521446779PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JOHNSON LAMBERT LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14242 SIX FORKS ROAD SUITE 1500AddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27609ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-04-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN431925293EIN

Business Name BusinessName

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

US Address USAddress

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

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROBERT VILLAREALPersonNm
Person TitleBOARD TREASURERPersonTitleTxt
Phone8127640097PhoneNum
Signature2025-02-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJ CALVIN MARKSPreparerPersonNm
PTINP01226973PTIN
Phone9197196400PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1SCALE LINKBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerROBERT VILLARREALPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line133 S CHESAPEAKE WAYAddressLine1Txt
CityZEBULONCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27597ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$9,521,573GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2001FormationYr
Legal Domicile StateMOLegalDomicileStateCd
Activity Or MissionTO SUPPORT COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) THROUGH THE CREATION AND ONGOING DEVELOPMENT OF A SECONDARY MARKET FOR CDFI SMALL BUSINESS LOANS. TO EXERCISE ANY, ALL AND EVERY LAWFUL POWER OF A NONPROFIT CORPORATION ORGANIZED UNDER MISSOURI LAW; PROVIDED, HOWEVER, THAT NOTHING HEREIN SHALL BE CONSTRUED TO GIVE THE CORPORATION ANY PURPOSE THAT IS NOT PERMITTED UNDER INTERNAL REVENUE CODE SECTION 501(C)(3).ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers9TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$5,042,205PYContributionsGrantsAmt
CY Contributions Grants$7,490,019CYContributionsGrantsAmt
PY Program Service Revenue$399,371PYProgramServiceRevenueAmt
CY Program Service Revenue$514,909CYProgramServiceRevenueAmt
PY Investment Income$642,811PYInvestmentIncomeAmt
CY Investment Income$1,516,645CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$6,084,387PYTotalRevenueAmt
CY Total Revenue$9,521,573CYTotalRevenueAmt
PY Grants And Similar Paid$2,863,162PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$2,208,198CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$38,003CYTotalFundraisingExpenseAmt
PY Other Expenses$1,498,595PYOtherExpensesAmt
CY Other Expenses$2,425,937CYOtherExpensesAmt
PY Total Expenses$4,361,757PYTotalExpensesAmt
CY Total Expenses$4,634,135CYTotalExpensesAmt
PY Revenues Less Expenses$1,722,630PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$4,887,438CYRevenuesLessExpensesAmt
Total Assets BOY$20,992,468TotalAssetsBOYAmt
Total Assets EOY$37,516,587TotalAssetsEOYAmt
Total Liabilities BOY$14,922,296TotalLiabilitiesBOYAmt
Total Liabilities EOY$29,561,862TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$6,070,172NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,954,725NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO SUPPORT COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) THROUGH THE CREATION AND ONGOING DEVELOPMENT OF A SECONDARY MARKET FOR CDFI SMALL BUSINESS LOANS. TO EXERCISE ANY, ALL AND EVERY LAWFUL POWER OF A NONPROFIT CORPORATION ORGANIZED UNDER MISSOURI LAW; PROVIDED, HOWEVER, THAT NOTHING HEREIN SHALL BE CONSTRUED TO GIVE THE CORPORATION ANY PURPOSE THAT IS NOT PERMITTED UNDER INTERNAL REVENUE CODE SECTION 501(C)(3).MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,476,681ExpenseAmt
Grant$2,208,198GrantAmt
Revenue$1,440,206RevenueAmt
DescGRCT PROVIDES TECHNICAL ASSISTANCE AND CAPITAL TO NONPROFIT CDFIS TO HELP THEM ORIGINATE MORE SMALL BUSINESS LOANS UNDER $50,000 IN SIZE TO BORROWERS WHO LACK ACCESS TO TRADITIONAL BANK LOANS, PARTICULARLY ENTREPRENEURS OF COLOR AND WOMEN ENTREPRENEURS IN LOW-TO-MODERATE INCOME CENSUS TRACTS AND WITH UNDER $1 MILLION OF GROSS ANNUAL REVENUE.Desc
Total Program Service Expenses$4,476,681TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl 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 Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related PersonYes (1)GrantToRelatedPersonInd
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 Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

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

US Address USAddress

FieldValueIRS element (for citing)
Address Line133 S CHESAPEAKE WAYAddressLine1Txt
CityZEBULONCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27597ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JOYCE KLEIN
CHAIR3.00Yes (X)Yes (X)$0$0$0
ANDREA LEVERE
VICE CHAIR3.00Yes (X)Yes (X)$0$0$0
ROBERT VILLARREAL
TREASURER3.00Yes (X)Yes (X)$0$0$0
ALBERTO PARACCHINI
SECRETARY2.00Yes (X)Yes (X)$0$0$0
ANDY KAUFMAN
BOARD MEMBER2.00Yes (X)$0$0$0
AMBER KUCHAR-BELL
BOARD MEMBER2.00Yes (X)$0$0$0
FRANCISCO LOPEZ
BOARD MEMBER2.00Yes (X)$0$0$0
SARA RAZAVI
BOARD MEMBER2.00Yes (X)$0$0$0
BERNARD WORTHY
BOARD MEMBER2.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
REVOLVE ASSET MANAGEMENT
33 S CHESAPEAKE WAYZEBULONNC27597LOAN PURCHASE & SALE SERVICES$1,106,906
LOANWELL LLC
411 W CHAPEL HILL ST STE C2DURHAMNC27701SOFTWARE DEVELOPMENT SERVICES$105,000
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
All Other Contributions$7,490,019AllOtherContributionsAmt
Total Contributions$7,490,019TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescFEE INCOMEDesc
Business522291BusinessCd
Total Revenue Column$514,909TotalRevenueColumnAmt
Related Or Exempt Func Income$514,909RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$514,909TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,516,645TotalRevenueColumnAmt
Related Or Exempt Func Income$926,297RelatedOrExemptFuncIncomeAmt
Exclusion$590,348ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,521,573TotalRevenueColumnAmt
Related Or Exempt Func Income$1,441,206RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$590,348ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$2,208,198TotalAmt
Program Services$2,208,198ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$127,819TotalAmt
Program Services$49,017ProgramServicesAmt
Management And General$78,802ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,623,512TotalAmt
Program Services$1,556,744ProgramServicesAmt
Management And General$33,384ManagementAndGeneralAmt
Fundraising$33,384FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$89,552TotalAmt
Program Services$89,552ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$13,542TotalAmt
Program Services$11,301ProgramServicesAmt
Management And General$2,241ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$163,827TotalAmt
Program Services$155,635ProgramServicesAmt
Management And General$4,096ManagementAndGeneralAmt
Fundraising$4,096FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$14,407TotalAmt
Program Services$14,407ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$11,558TotalAmt
Program Services$11,558ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$321,612TotalAmt
Program Services$321,612ProgramServicesAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$36,000TotalAmt
Program Services$36,000ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$22,488TotalAmt
Program Services$21,442ProgramServicesAmt
Management And General$523ManagementAndGeneralAmt
Fundraising$523FundraisingAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescTAXES & LICENSESDesc
Total$1,620TotalAmt
Program Services$1,215ProgramServicesAmt
Management And General$405ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,634,135TotalAmt
Program Services$4,476,681ProgramServicesAmt
Management And General$119,451ManagementAndGeneralAmt
Fundraising$38,003FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$10,093,781BOYAmt
EOY$30,624,268EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$343,244BOYAmt
EOY$103,145EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,491,155BOYAmt
EOY$1,339,227EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$8,792,751BOYAmt
EOY$5,237,554EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$89,970BOYAmt
EOY$140,064EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$181,567BOYAmt
EOY$72,329EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$20,992,468BOYAmt
EOY$37,516,587EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,022,296BOYAmt
EOY$1,361,862EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$13,900,000BOYAmt
EOY$28,200,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$14,922,296BOYAmt
EOY$29,561,862EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,814,482BOYAmt
EOY$7,809,725EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$255,690BOYAmt
EOY$145,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,070,172BOYAmt
EOY$7,954,725EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$20,992,468BOYAmt
EOY$37,516,587EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$4,887,438ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$3,002,885OtherChangesInNetAssetsAmt
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 Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

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

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$2,806,227CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,346,877CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,065,205CurrentTaxYearMinus1YearAmt
Current Tax Year$7,490,019CurrentTaxYearAmt
Total$19,708,328TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$151,209CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$448,578CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,019,182CurrentTaxYearMinus1YearAmt
Current Tax Year$1,441,206CurrentTaxYearAmt
Total$3,060,175TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$2,957,436CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,795,455CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,084,387CurrentTaxYearMinus1YearAmt
Current Tax Year$8,931,225CurrentTaxYearAmt
Total$22,768,503TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$22,768,503PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year$590,348CurrentTaxYearAmt
Total$590,348TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year$590,348CurrentTaxYearAmt
Total$590,348TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$2,957,436CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,795,455CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,084,387CurrentTaxYearMinus1YearAmt
Current Tax Year$9,521,573CurrentTaxYearAmt
Total$23,358,851TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.97470PublicSupportCY509Pct
Public Support PY5090.92230PublicSupportPY509Pct
Investment Income CY0.02530InvestmentIncomeCYPct
Investment Income PY0.07770InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A , PART III:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION CHANGED ITS ACCOUNTING PERIOD FROM A CALENDAR YEAR-END TO A FISCAL YEAR-END FOR THE PERIOD ENDING MARCH 31, 2020. THEREFORE, COLUMN A (2019) REPRESENTS THE SHORT PERIOD ENDING MARCH 31, 2020, COLUMN B (2020) REPRESENTS THE ENTIRE FISCAL YEAR ENDING MARCH 31, 2021, COLUMN C (2021) REPRESENTS THE ENTIRE FISCAL YEAR ENDING MARCH 31, 2022, AND COLUMN D (2022) REPRESENTS THE ENTIRE FISCAL YEAR ENDING MARCH 31, 2023, AND COLUMN E (2023) REPRESENTS THE ENTIRE FISCAL YEAR ENDING MARCH 31, 2024.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

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

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationMANAGEMENT BELIEVES THERE ARE NO UNCERTAIN TAX POSITIONS AS OF MARCH 31, 2024.ExplanationTxt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (13 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
ACCION OPPORTUNITY FUND COMMUNITY DEVELOPMENT
111 WEST ST JOHN ST NO 800SAN JOSECA95113311719434501(C)(3)$907,139$0GENERAL SUPPORT
ACCESSITY
404 EUCLID AVE 271SAN DIEGOCA92114330620415501(C)(3)$336,677$0GENERAL SUPPORT
DREAMSPRING
2000 ZEARING AVE NWALBUQUERQUENM87104850417347501(C)(3)$256,138$0GENERAL SUPPORT
WORKING SOLUTIONS CDFI
930 MONTGOMERY ST 400SAN FRANCISCOCA94133911951777501(C)(3)$222,174$0GENERAL SUPPORT
RAZA DEVELOPMENT FUND INC
410 E SOUTHERN AVEPHOENIXAZ85040521954196501(C)(3)$159,197$0GENERAL SUPPORT
ASCENDUS INC
80 MAIDEN LANE STE 903NEW YORK CITYNY10038113317234501(C)(3)$100,519$0GENERAL SUPPORT
PACIFIC COMMUNITY VENTURES
1714 FRANKLIN ST STE 100-347OAKLANDCA94612770485877501(C)(3)$58,192$0GENERAL SUPPORT
LIFT FUND
2007 WEST MARTIN STSAN ANTONIOTX78207742712770501(C)(3)$55,045$0GENERAL SUPPORT
COMMUNITY ENTERPRISES INC
PO BOX 1089THOMASTONGA30286586043415501(C)(3)$36,560$0GENERAL SUPPORT
ALLIES FOR COMMUNITY BUSINESS
135 N KEDZIE AVECHICAGOIL60612363966573501(C)(3)$34,743$0GENERAL SUPPORT
JUSTINE PETERSEN HOUSING AND REINVESTMENT CORPORATION
1023 N GRAND BLVDSAINT LOUISMO63106431769074501(C)(3)$16,305$0GENERAL SUPPORT
MAIN STREET LAUNCH
2101 WEBSTER STOAKLANDCA94612942548556501(C)(3)$14,938$0GENERAL SUPPORT
THE CENTER BY LENDISTRY
777 SOUTH ALAMEDA ST FL 2LOS ANGELESCA90021522135889501(C)(3)$10,571$0GENERAL SUPPORT
FieldValueIRS element (for citing)
Total501c3 Org13Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

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

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp (2 entries)

Relationship With OrgRelationshipWithOrgTxtCash GrantCashGrantAmtType Of AssistanceTypeOfAssistanceTxtAssistance PurposeAssistancePurposeTxt
DREAMSPRING
FRANCISCO LOPEZ IS AN OFFICER OF DREAMSPRING$256,138GRANTPURCHASE OF LOANS
WORKING SOLUTIONS CDFI
SARA RAZAVI IS AN OFFICER OF WORKING SOLUTIONS CDFI$222,174GRANTPURCHASE OF LOANS

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE L, PART III, COLUMN (E):FormAndLineReferenceDesc
ExplanationTHE PURPOSE OF THE GRANT TO DREAMSPRING IS GENERAL SUPPORT OF A 501(C)(3) ORGANIZATION.THE PURPOSE OF THE GRANT TO WORKING SOLUTIONS CDFI IS GENERAL SUPPORT OF 501(C)(3) ORGANIZATION.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3THE BOARD OF DIRECTORS OF GREAT RIVERS COMMUNITY TRUST HAS CONTRACTED WITH REVOLVE ASSET MANAGEMENT TO CARRY OUT VARIOUS MANAGEMENT DUTIES AT THE STRATEGIC DIRECTION OF THE BOARD.
FORM 990, PART VI, SECTION B, LINE 11BGREAT RIVERS COMMUNITY TRUST'S 990 IS FIRST REVIEWED BY THE CONTROLLER AND THE MANAGING DIRECTOR. ONCE THE MANAGING DIRECTOR APPROVES THE 990, IT IS THEN PRESENTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL. LASTLY, THEBOARD CHAIR REVIEWS THE 990. ONCE THE BOARD CHAIR APPROVES THE 990, IT IS SIGNED AND THE ORGANIZATION'S ACCOUNTANTS ARE NOTIFIED OF THE CONSENT TO FILE THE FORM.
FORM 990, PART VI, SECTION B, LINE 12CSENIOR MANAGEMENT REVIEWS THE APPLICATION OF THE CONFLICT OF INTEREST POLICY ON ANY REAL OR PERCEIVED ISSUES THAT OCCURRED DURING THE YEAR. THE APPROPRIATENESS OF THE POLICY IS DISCUSSED WITH ATTENTION TO THE REQUIREMENTS BY FUNDING SOURCES AND MODIFICATIONS MADE. IF NECESSARY, ALL MODIFICATIONS ARE PRESENTED FOR BOARD APPROVAL. THE BOARD OF DIRECTORS SIGNS A STATEMENT YEARLY THAT CONFIRMS THAT THEY HAVE READ AND ARE STILL FOLLOWING THE POLICY.
FORM 990, PART VI, SECTION C, LINE 19GREAT RIVERS COMMUNITY TRUST MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY PROVIDING COPIES TO THOSE WHO REQUEST THE AFOREMENTIONED DOCUMENTS
FORM 990, PART IX, LINE 11GCONTRACTORS: PROGRAM SERVICE EXPENSES 1,198,604. MANAGEMENT AND GENERAL EXPENSES 33,384. FUNDRAISING EXPENSES 33,384. TOTAL EXPENSES 1,265,372. LENDER SERVICING: PROGRAM SERVICE EXPENSES 358,140. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 358,140.
FORM 990, PART XI, LINE 9:PROVISION FOR LOAN LOSS RESERVE -2,605,796. ADOPTION OF ASU 2016-13 -397,089.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1CHARLOTTE SMALL BUSINESS GROWTH FUND LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line133 S CHESAPEAKE WAYAddressLine1Txt
CityZEBULONCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27597ZIPCd
FieldValueIRS element (for citing)
EIN431925293EIN
Primary ActivitiesCOMMUNITY LENDINGPrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd
Total Income$224,284TotalIncomeAmt
End Of Year Assets$18,159,304EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

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

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

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

US Address USAddress

FieldValueIRS element (for citing)
Address Line1223 S WEST STAddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27603ZIPCd
FieldValueIRS element (for citing)
EIN862048434EIN
Primary ActivitiesCOMMUNITY LENDINGPrimaryActivitiesTxt
Legal Domicile StateNCLegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1EBA FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Predominant Income TypeRELATEDPredominantIncomeTypeTxt
Share Of Total Income$1,000ShareOfTotalIncomeAmt
Share Of EOY Assets$1,000,000ShareOfEOYAssetsAmt
Disproportionate Allocations0DisproportionateAllocationsInd
General Or Managing Partner0GeneralOrManagingPartnerInd
Ownership0.51000OwnershipPct
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