LOW INCOME INVESTMENT FUND: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- LOW INCOME INVESTMENT FUND (EIN 94-2952578)
- Tax period
- 2018-07-01 to 2019-06-30
- Filed
- 2020-05-14
- IRS object ID
- 202001359349300040
- Schema version
- 2018v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-05-14T13:57:28-05:00 | ReturnTs |
| Tax Period End | 2019-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1861 INTERNATIONAL DRIVE SUITE 400 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 942952578 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOW INCOME INVESTMENT FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LOWI | BusinessNameControlTxt |
| Phone | 4154896102 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 CALIFORNIA ST STE 2900 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 941114708 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GILES COATES | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 4154896102 | PhoneNum |
| Signature | 2020-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | YONG ZHANG CPA | PreparerPersonNm |
| PTIN | P01249785 | PTIN |
| Phone | 7033366400 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 96.241.128.75 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-05-14 | IPDt |
| IP Tm | 12:33:36 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 5BB3B986E96693C9FA12ABDB8E5DE88F5CFF60A5 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-09-23 17:36:50Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DANIEL NISSENBAUM | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 521 FIFTH AVE STE 625 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10175 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $56,224,450 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LIIFUND.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1984 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | LIIF IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION WHICH PROVIDES A COMPREHENSIVE RANGE OF PROGRAMS TO INCREASE THE AVAILABILITY OF CAPITAL IN LOW INCOME COMMUNITIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 92 | TotalEmployeeCnt |
| Total Volunteers | 54 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$1,200 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $13,993,547 | PYContributionsGrantsAmt |
| CY Contributions Grants | $16,612,436 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $28,012,212 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $36,381,948 | CYProgramServiceRevenueAmt |
| PY Investment Income | $463,066 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,114,364 | CYInvestmentIncomeAmt |
| PY Other Revenue | $215,771 | PYOtherRevenueAmt |
| CY Other Revenue | $232,400 | CYOtherRevenueAmt |
| PY Total Revenue | $42,684,596 | PYTotalRevenueAmt |
| CY Total Revenue | $54,341,148 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $8,520,563 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $11,135,751 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $12,501,589 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $13,489,250 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,390,375 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $16,378,674 | PYOtherExpensesAmt |
| CY Other Expenses | $20,430,932 | CYOtherExpensesAmt |
| PY Total Expenses | $37,400,826 | PYTotalExpensesAmt |
| CY Total Expenses | $45,055,933 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $5,283,770 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $9,285,215 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $491,367,021 | TotalAssetsBOYAmt |
| Total Assets EOY | $528,536,415 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $378,682,980 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $405,337,026 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $112,684,041 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $123,199,389 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $20,556,145 | ExpenseAmt |
| Revenue | $29,808,175 | RevenueAmt |
| Desc | LENDING ACTIVITIES: LIIF EMPLOYS A HOLISTIC STRATEGY THAT FOCUSES ON FIVE PRIORITY PROGRAMS--AFFORDABLE HOUSING, CHILD CARE, K-12 EDUCATION, TRANSIT ORIENTED DEVELOPMENT AND HEALTH (THROUGH ACCESS TO HEALTHY FOOD AND HEALTH CARE CLINICS). THESE PROGRAMS ARE SUPPORTED BY LIIF'S FEDERAL POLICY PRESENCE THAT WORKS TO PRESERVE AND MAINTAIN COMMUNITY CAPITAL PROGRAMS. LIIF USES INNOVATIVE STRATEGIES TO ATTRACT PRIVATE CAPITAL TO AREAS WITH UNDERSERVED COMMUNITIES THAT WOULD OTHERWISE BE OUT OF REACH. SINCE INCEPTION, WE HAVE PROVIDED OVER $2.64 BILLION TO PROJECTS SERVING LOW INCOME INDIVIDUALS AND FAMILIES, AND THESE INVESTMENTS HAVE LEVERAGED $12.9BILLION IN OTHER CAPITAL INVESTMENTS. LIIF'S WORK SUPPORTS THOSE MOST IN NEED - OF THE 2.2 MILLION PEOPLE SERVED THROUGH LIIF'S FINANCING AND TECHNICAL ASSISTANCE - NEARLY 97% HAVE BEEN LOW INCOME.LIIF'S FLEXIBLE AND AFFORDABLE CAPITAL FILLS A GAP FOR COMMUNITY DEVELOPMENT ORGANIZATIONS THAT ARE UNABLE TO CONSISTENTLY ACCESS LOANS FROM TRADITIONAL FINANCIAL INSTITUTIONS. LIIF MAKES DIRECT LOANS THROUGH ITS REVOLVING LOAN FUND ("RLF") AND OTHER LOAN FUNDS. LIIF ALSO UNDERWRITES AND PACKAGES LOANS ACQUIRED BY BANKS, OTHER INTERMEDIARIES AND CONVENTIONAL LENDERS THROUGH INNOVATIVE PROGRAM-SPECIFIC FUNDS TO SUPPORT COMMUNITY DEVELOPMENT ORGANIZATIONS ACROSS THE NATION.LIIF COMPLEMENTS ITS LOANS WITH THOROUGH, TIME-INTENSIVE TECHNICAL ASSISTANCE ("TA"). LIIF'S TA GUIDES ORGANIZATIONS THROUGH REAL ESTATE DEVELOPMENT, HELPING THEM DEVELOP AND SUSTAIN THEIR FINANCIAL STABILITY TO ENSURE PRUDENT PLANNING AND MANAGEMENT OF THEIR FINANCIAL OBLIGATIONS, AND ULTIMATELY ENABLING THESE COMMUNITY BORROWERS TO READY THEIR ORGANIZATIONS TO APPROACH CONVENTIONAL LENDERS.AFFORDABLE HOUSING IS THE CORNERSTONE OF LIIF'S WORK, COMPRISING NEARLY HALF OF THE ORGANIZATION'S HISTORICAL ACTIVITY. SINCE ITS INCEPTION, LIIF HAS INVESTED NEARLY 1.1 BILLION TO SUPPORT THE DEVELOPMENT OF 80,166 UNITS OF AFFORDABLE HOUSING, WHICH HAS PRODUCED ENHANCED LIVING CONDITIONS AND SAVED LOW INCOME FAMILIES MORE THAN $22 BILLION THROUGH REDUCED HOUSING COSTS. AVAILABILITY OF AFFORDABLE HOUSING IS VITAL IN CREATING A FOUNDATION FOR COMMUNITY REVITALIZATION AND FAMILY STABILITY, LINKED, AS IT IS, TO EMPLOYMENT, WAGE GAINS, EDUCATIONAL ATTAINMENT, AND IMPROVED HEALTH FOR POOR FAMILIES.EDUCATION IS A KEY COMPONENT IN ENHANCING OPPORTUNITIES FOR ECONOMIC MOBILITY AND ASSET GROWTH FOR LOW INCOME HOUSEHOLDS. LIIF LAUNCHED ITS EDUCATION PROGRAM IN 1998, AND CURRENTLY FOCUSES ON HELPING CHARTER SCHOOLS BRING QUALITY EDUCATIONAL OPPORTUNITIES TO UNDERSERVED, DISTRESSED COMMUNITIES. LIIF'S EDUCATION PROGRAM USES A THREE-PRONGED APPROACH TO ACHIEVE ITS GOALS: PROVIDING DIRECT FINANCING FOR SCHOOLS, LEVERAGING THIRD-PARTY CAPITAL FOR SCHOOLS, AND BUILDING THE CAPACITY OF SCHOOL DEVELOPERS AND THE EDUCATION SYSTEM. LIIF IS ONE OF THE LARGEST CDFI CHARTER SCHOOL FINANCIERS IN THE NATION, HAVING INVESTED OVER $684 MILLION SUPPORTING THE DEVELOPMENT OF 98,138 QUALITY CHARTER SCHOOL SPACES FOR LOW-INCOME STUDENTS.LIIF'S TRANSIT ORIENTED DEVELOPMENT (TOD) PROGRAM INVESTS IN PROJECTS THAT PLACE AFFORDABLE HOUSING AND VITAL COMMUNITY SERVICES CLOSE TO ACCESSIBLE TRANSPORTATION. LIIF MANAGES THE $50 MILLION BAY AREA TRANSIT-ORIENTED AFFORDABLE HOUSING (TOAH) FUND, AN INNOVATIVE STRUCTURED FUND THAT PROVIDES DEVELOPERS WITH FLEXIBLE, AFFORDABLE CAPITAL TO PURCHASE OR IMPROVE AVAILABLE PROPERTY NEAR TRANSIT LINES IN THE BAY AREA. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $7,299,531 | ExpenseAmt |
| Grant | $5,579,104 | GrantAmt |
| Revenue | $1,227,070 | RevenueAmt |
| Desc | CHILD CARE PROGRAM: QUALITY CHILD CARE ENABLES PARENTS TO WORK OR ATTEND SCHOOL WITHOUT WORRY FOR THEIR CHILDREN'S WELL-BEING, AND PROVIDES CHILDREN WITH A STRONG START ON THE SKILLS NECESSARY FOR FUTURE SUCCESS IN SCHOOL AND IN LIFE. LIIF LAUNCHED ITS CHILD CARE PROGRAM IN 1998, OFFERING LOANS, GRANTS, AND TECHNICAL ASSISTANCE TO SUPPORT THE DEVELOPMENT OF HIGH QUALITY CHILD CARE SLOTS FOR LOW INCOME FAMILIES. SINCE THE PROGRAM'S INCEPTION, LIIF HAS PROVIDED TRAININGS AND WORKSHOPS ON THE DEVELOPMENT AND FINANCING OF CHILD CARE FACILITIES AND ONE-ON-ONE TECHNICAL ASSISTANCE TO PROVIDERS. IN ADDITION, LIIF HAS OFFERED MILLIONS OF DOLLARS IN LOANS AND PLANNING GRANTS. ITS CHILD CARE GOALS ARE ACCOMPLISHED THROUGH THREE PRIMARY FUNDS: THE AWARD WINNING CHILD CARE FACILITIES FUND AND THE LOS ANGELES EMERGENCY BRIDGE FUND. IN 2016, IN CONSULTATION WITH THE DEPARTMENT OF EDUCATION (DOE), LIIF DESIGNED AND LAUNCHED THE DEUTSCHE BANK UNIVERSAL PRE-K CAPACITY BUILDING PROGRAM TO IMPROVE THE BUSINESS OPERATIONS AND SUSTAINABILITY OF CHILD CARE OPERATORS IN NEW YORK CITY. THROUGH THIS PROGRAM, IN 2018, LIIF PROVIDED SPECIALIZED TECHNICAL ASSISTANCE AND TRAININGS TO 30 PRE-K PROVIDERS TO PRESERVE AND ENHANCE OVER 1,000 SLOTS IN LOW INCOME COMMUNITIES. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $6,826,958 | ExpenseAmt |
| Grant | $5,556,647 | GrantAmt |
| Revenue | $5,579,103 | RevenueAmt |
| Desc | OTHER DEVELOPMENT SERVICES: OTHER DEVELOPMENT SERVICES INCLUDE THE STRONG, PROSPEROUS, AND RESILIENT COMMUNITIES CHALLENGE (SPARCC). IN PARTNERSHIP WITH ENTERPRISE COMMUNITY PARTNERS, THE NATURAL RESOURCES DEFENSE COUNCIL, AND THE FEDERAL RESERVE BANK OF SAN FRANCISCO, AND SUPPORTED BY THE CALIFORNIA ENDOWMENT, FORD FOUNDATION, THE JPB FOUNDATION, THE KRESGE FOUNDATION, AND ROBERT WOOD JOHNSON FOUNDATION, LIIF DESIGNED AND LAUNCHED SPARCC, A THREE-YEAR, $90 MILLION INITIATIVE TO AMPLIFY LOCALLY DRIVEN EFFORTS TO ENSURE THAT MAJOR NEW INFRASTRUCTURE INVESTMENTS LEAD TO EQUITABLE, HEALTHY OPPORTUNITIES FOR EVERYONE. SPARCC SEEKS TO HELP REGIONS REFINE AND INTEGRATE THEIR VISION FOR THE FUTURE, WHERE THE POLICIES AND PRACTICES THAT SHAPE THE BUILT ENVIRONMENT ADDRESS THE ISSUES OF RACIAL EQUITY, HEALTH, AND CLIMATE RESILIENCY. LOCAL LEADERS KNOW THAT, WHILE TYPICALLY TACKLED SEPARATELY, THESE ISSUES ARE DEEPLY INTERTWINED. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,248,438 | ExpenseAmt |
| Desc | OTHER PROGRAMS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $1,248,438 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $35,931,072 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 98 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 92 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (1) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROXANNE HUEY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4154896102 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 CALIFORNIA ST STE 2900 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 941114708 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| DEREK DOUGLAS | |||||||||
| CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| CAROL NAUGHTON | |||||||||
| VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| REYMUNDO OCANAS | |||||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| RUSSELL BRUEMMER | |||||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| LAKSIRI ABEYSEKERA | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JANIS BOWDLER | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| PHYLLIS CALDWELL | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DAVID FLEMING | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DONNA GAMBRELL | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| PAMELA S JOHNSON | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| WILLIAM C KELLY JR | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ROY SWAN | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DANIEL NISSENBAUM | |||||||||
| DIRECTOR AND CEO | 40.00 | Yes (X) | Yes (X) | $475,400 | $0 | $38,881 | |||
| KIMBERLY LATIMER-NELLIGAN | |||||||||
| COO & EVP, CIP | 40.00 | Yes (X) | $456,072 | $0 | $31,722 | ||||
| KATHRYN M ROCK | |||||||||
| EVP, CFO & CAO | 40.00 | Yes (X) | $409,257 | $0 | $30,302 | ||||
| PATRICIA GOPAUL | |||||||||
| CLO & GENERAL COUNSEL | 40.00 | Yes (X) | $267,276 | $0 | $53,200 | ||||
| BRIAN PRATER | |||||||||
| EVP, STRATEGIC DEV & CORP. | 40.00 | $302,013 | $0 | $43,101 | Yes (X) | ||||
| SUSAN HYMAN | |||||||||
| CHIEF CREDIT OFFICER | 40.00 | $248,735 | $0 | $41,453 | Yes (X) | ||||
| JONATHAN HARWITZ | |||||||||
| DIRECTOR FOR FEDERAL POLIC | 40.00 | $240,716 | $0 | $48,078 | Yes (X) | ||||
| ROXANNE HUEY | |||||||||
| VP, FINANCE AND CORPORATE | 40.00 | $237,950 | $0 | $63,408 | Yes (X) | ||||
| AMY LAUGHLIN | |||||||||
| VP OF STRUCTURE PRODUCTS & CAPITAL MARKETS | 40.00 | $230,530 | $0 | $38,500 | Yes (X) | ||||
| CANDACE WONG | |||||||||
| DIRECTOR, CA EARLY CARE AND EDUCATION | 40.00 | $209,982 | $0 | $40,206 | Yes (X) | ||||
| NANCY ANDREWS | |||||||||
| FMR CEO | 0.00 | $305,591 | $0 | $51,849 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,383,522 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $480,700 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 43 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $13,522,766 | GovernmentGrantsAmt |
| All Other Contributions | $3,089,670 | AllOtherContributionsAmt |
| Total Contributions | $16,612,436 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| INTEREST ON LOANS | 525990 | $23,744,265 | $23,744,265 |
| TECHNICAL ASSISTANCE F | 525990 | $6,806,174 | $6,806,174 |
| LOAN PACKAGING AND SER | 525990 | $4,523,921 | $4,523,921 |
| LOAN ORIGINATION | 525990 | $1,307,588 | $1,307,588 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $36,381,948 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,249,567 | TotalRevenueColumnAmt |
| Exclusion | $1,249,567 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,748,099 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,883,302 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$135,203 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$135,203 | TotalRevenueColumnAmt |
| Exclusion | -$135,203 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| EQUITY INCOME FROM MEM | 523000 | $170,493 | $170,493 |
| MISC. INCOME | 900099 | $61,907 | $61,907 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $232,400 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $54,341,148 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $36,614,348 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,114,364 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,083,951 | TotalAmt |
| Program Services | $11,083,951 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,800 | TotalAmt |
| Program Services | $51,800 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,068,393 | TotalAmt |
| Program Services | $974,802 | ProgramServicesAmt |
| Management And General | $635,108 | ManagementAndGeneralAmt |
| Fundraising | $458,483 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,716,267 | TotalAmt |
| Program Services | $5,131,394 | ProgramServicesAmt |
| Management And General | $3,237,752 | ManagementAndGeneralAmt |
| Fundraising | $347,121 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $391,496 | TotalAmt |
| Program Services | $189,356 | ProgramServicesAmt |
| Management And General | $174,064 | ManagementAndGeneralAmt |
| Fundraising | $28,076 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,651,912 | TotalAmt |
| Program Services | $832,831 | ProgramServicesAmt |
| Management And General | $725,677 | ManagementAndGeneralAmt |
| Fundraising | $93,404 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $661,182 | TotalAmt |
| Program Services | $368,557 | ProgramServicesAmt |
| Management And General | $243,907 | ManagementAndGeneralAmt |
| Fundraising | $48,718 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $305,373 | TotalAmt |
| Program Services | $179,013 | ProgramServicesAmt |
| Management And General | $126,360 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $248,696 | TotalAmt |
| Program Services | $14,438 | ProgramServicesAmt |
| Management And General | $234,258 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,479 | TotalAmt |
| Management And General | $67,479 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,352,399 | TotalAmt |
| Program Services | $1,014,951 | ProgramServicesAmt |
| Management And General | $269,417 | ManagementAndGeneralAmt |
| Fundraising | $68,031 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $747,469 | TotalAmt |
| Program Services | $434,535 | ProgramServicesAmt |
| Management And General | $261,128 | ManagementAndGeneralAmt |
| Fundraising | $51,806 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,691,985 | TotalAmt |
| Program Services | $1,047,287 | ProgramServicesAmt |
| Management And General | $475,378 | ManagementAndGeneralAmt |
| Fundraising | $169,320 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $669,443 | TotalAmt |
| Program Services | $397,882 | ProgramServicesAmt |
| Management And General | $230,170 | ManagementAndGeneralAmt |
| Fundraising | $41,391 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,633 | TotalAmt |
| Program Services | $42,436 | ProgramServicesAmt |
| Management And General | $6,165 | ManagementAndGeneralAmt |
| Fundraising | $3,032 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,077,859 | TotalAmt |
| Program Services | $11,077,859 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $299,329 | TotalAmt |
| Program Services | $148,077 | ProgramServicesAmt |
| Management And General | $113,736 | ManagementAndGeneralAmt |
| Fundraising | $37,516 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $153,280 | TotalAmt |
| Management And General | $153,280 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PROVISION FOR LOAN LOSS | $2,515,167 | $2,515,167 | ||
| LICENSES AND FEES | $346,046 | $165,324 | $170,039 | $10,683 |
| MEMBERSHIP AND PUBLICAI | $170,104 | $85,058 | $70,410 | $14,636 |
| BAD DEBT | $46,817 | $46,817 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $687,853 | TotalAmt |
| Program Services | $176,354 | ProgramServicesAmt |
| Management And General | $493,341 | ManagementAndGeneralAmt |
| Fundraising | $18,158 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,055,933 | TotalAmt |
| Program Services | $35,931,072 | ProgramServicesAmt |
| Management And General | $7,734,486 | ManagementAndGeneralAmt |
| Fundraising | $1,390,375 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,287,027 | BOYAmt |
| EOY | $3,726,516 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,355,060 | BOYAmt |
| EOY | $69,268,923 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,757,219 | BOYAmt |
| EOY | $2,268,510 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,982,633 | BOYAmt |
| EOY | $4,399,375 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $410,592,105 | BOYAmt |
| EOY | $426,110,889 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $858,528 | BOYAmt |
| EOY | $837,937 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $3,586,893 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,982,564 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,877,317 | BOYAmt |
| EOY | $1,604,329 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,256,542 | BOYAmt |
| EOY | $17,442,482 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $568,000 | BOYAmt |
| EOY | $670,821 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,832,590 | BOYAmt |
| EOY | $2,206,633 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $491,367,021 | BOYAmt |
| EOY | $528,536,415 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,125,663 | BOYAmt |
| EOY | $4,489,858 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $717,436 | BOYAmt |
| EOY | $233,781 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,146,325 | BOYAmt |
| EOY | $3,898,559 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,272,738 | BOYAmt |
| EOY | $12,122,628 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $360,006,555 | BOYAmt |
| EOY | $383,735,873 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $414,263 | BOYAmt |
| EOY | $856,327 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $378,682,980 | BOYAmt |
| EOY | $405,337,026 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,113,112 | BOYAmt |
| EOY | $74,092,186 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,570,929 | BOYAmt |
| EOY | $49,107,203 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $112,684,041 | BOYAmt |
| EOY | $123,199,389 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $491,367,021 | BOYAmt |
| EOY | $528,536,415 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $9,285,215 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $713,270 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $516,863 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $13,127,122 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,919,153 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $20,362,659 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $13,993,547 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,612,436 | CurrentTaxYearAmt |
| Total | $69,014,917 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $13,127,122 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,919,153 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $20,362,659 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $13,993,547 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,612,436 | CurrentTaxYearAmt |
| Total | $69,014,917 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $17,029,097 | SubstantialContributorsTotAmt |
| Public Support Total170 | $51,985,820 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $552,368 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $522,230 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $574,976 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $678,716 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,249,567 | CurrentTaxYearAmt |
| Total | $3,577,857 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $72,592,774 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $126,538,425 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.71610 | PublicSupportCY170Pct |
| Public Support PY170 | 0.67360 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $127,503 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $127,503 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $44,411,567 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $44,539,070 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $173,315 | CurrentYearMinus3Amt |
| Current Year Minus2 | $172,835 | CurrentYearMinus2Amt |
| Current Year Minus1 | $148,655 | CurrentYearMinus1Amt |
| Current Year | $127,503 | CurrentYearAmt |
| Total | $622,308 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Beginning Balance | $10,272,738 | BeginningBalanceAmt |
| Additions During Year | $10,298,021 | AdditionsDuringYearAmt |
| Distributions During Year | $8,448,131 | DistributionsDuringYearAmt |
| Ending Balance | $12,122,628 | EndingBalanceAmt |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,861,637 | OtherCostOrOtherBasisAmt |
| Depreciation | $764,890 | DepreciationAmt |
| Book Value | $1,096,747 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,725,256 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,217,674 | DepreciationAmt |
| Book Value | $507,582 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,604,329 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INTEREST PAYABLE | Desc |
| Amt | $856,327 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $856,327 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $54,986,939 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $713,270 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $713,270 | RevenueNotReportedAmt |
| Revenue Subtotal | $54,273,669 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $67,479 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $67,479 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $54,341,148 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $44,471,591 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | -$516,863 | OtherExpensesIncludedAmt |
| Expenses Not Reported | -$516,863 | ExpensesNotReportedAmt |
| Expenses Subtotal | $44,988,454 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $67,479 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $67,479 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $45,055,933 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | FUNDS HELD IN TRUST INCLUDES CASH PROVIDED BY BORROWERS AND FUNDERS TO COVER ANTICIPATED DRAWS AND CERTAIN OPERATIONS EXPENSES ASSOCIATED WITH LOAN PARTICIPATIONS. |
| PART X, LINE 2: | LIIF IS A NONPROFIT ORGANIZATION THAT HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AND THE CALIFORNIA FRANCHISE TAX BOARD AS AN ORGANIZATION THAT IS EXEMPT FROM FEDERAL INCOME TAX ON ITS INCOME OTHER THAN UNRELATED BUSINESS INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) UNDER THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY. IN ADDITION, LIIF HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE UNDER SECTION 170 OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION THAT IS ELIGIBLE TO RECEIVE TAX-DEDUCTIBLE CONTRIBUTIONS. LIIF HAS ACCOUNTED FOR THE UNCERTAINTY IN INCOME TAXES AS REQUIRED BY THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION (ASC). LIIF USES A COMPREHENSIVE MODEL FOR RECOGNIZING, MEASURING, PRESENTING AND DISCLOSING IN THE FINANCIAL STATEMENTS TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. A TAX POSITION IS RECOGNIZED AS A BENEFIT ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50 PERCENT LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE "MORE LIKELY THAN NOT" TEST, NO TAX BENEFIT IS RECORDED. THE EFFECT OF APPLYING THIS MODEL AND THE RESULTING IDENTIFICATION OF UNCERTAIN TAX POSITIONS, IF ANY, WERE NOT CONSIDERED SIGNIFICANT FOR FINANCIAL REPORTING PURPOSES AND ARE NOT ANTICIPATED TO CHANGE IN THE 12 MONTHS FOLLOWING JUNE 30, 2019. DURING THE YEARS ENDED JUNE 30, 2019 AND 2018, LIIF RECOGNIZED NO INTEREST OR PENALTIES ASSOCIATED WITH UNRECOGNIZED TAX BENEFITS. LIIF IS SUBJECT TO THE FILING OF U.S. FEDERAL, NEW YORK, AND CALIFORNIA INFORMATIONAL RETURNS. FEDERAL AND NEW YORK RETURNS FOR YEARS ENDED JUNE 30, 2016 THROUGH JUNE 30, 2019, AND CALIFORNIA RETURNS FOR YEARS ENDED JUNE 30, 2015 THROUGH JUNE 30, 2019, ARE CURRENTLY OPEN FOR POTENTIAL FEDERAL AND STATE EXAMINATION. LIIF HAS FOR-PROFIT SUBSIDIARY ENTITIES THAT ARE SUBJECT TO THE FILING OF LIMITED LIABILITY CORPORATION TAX RETURNS WHICH MAY INCLUDE U.S. FEDERAL, NEW YORK, AND CALIFORNIA JURISDICTIONS. DURING THE YEARS ENDED JUNE 30, 2019 AND 2018, THESE SUBSIDIARY ENTITIES RECOGNIZED NO INTEREST OR PENALTIES ASSOCIATED WITH UNRECOGNIZED TAX BENEFITS. FEDERAL AND NEW YORK RETURNS FOR YEARS ENDED JUNE 30, 2016 THROUGH JUNE 30, 2019, AND CALIFORNIA RETURNS FOR YEARS ENDED JUNE 30, 2015 THROUGH JUNE 30, 2019, ARE CURRENTLY OPEN FOR POTENTIAL FEDERAL AND STATE EXAMINATION. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RETURNED GRANT -516,863. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (59 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt | IRC SectionIRCSectionDesc |
|---|---|---|---|---|---|---|---|---|
| 2 NEW HEIGHTS LLC | ||||||||
| 3010 13TH ST NW | WASHINGTON | DC | 20009 | 438209050 | $30,000 | FY19 AQCCE SUB-GRANT | ||
| ASI EARLY CHILDHOOD EDUCATION CENTER | ||||||||
| SFSU- 1650 HOLLOWAY AVENUE CCSU | SAN FRANCISCO | CA | 94132 | 941170352 | $69,173 | FY19 RENOVATION & REPAIR | M-102 | 501 (C) (3) |
| ATLANTA LAND TRUST INC | ||||||||
| 112 KROG STREET SUITE 14 | ATLANTA | GA | 30307 | 900605040 | $138,960 | SPARCC CAPITAL GRANT | 501 (C) (3) | |
| ATLANTA REGIONAL COMMISSION | ||||||||
| 40 COURTLAND STREET | ATLANTA | GA | 30303 | 586002324 | $307,000 | SPARCC GRANT | 501 (C) (3) | |
| BARBARA CHAMBERS CHILDREN'S CENTER | ||||||||
| 1470 IRVING STREET NW | WASHINGTON | DC | 20010 | 520965477 | $240,000 | DC AQCCEE FY19 SUB-GRANT CAPITAL NEW DEVELOPMENT | 501 (C) (3) | |
| BELLAS ARTES CHILD CREATIVITY CENTER | ||||||||
| 1429 COLUMBIA RD NW APT 28 | WASHINGTON | DC | 20009 | 301164299 | $200,000 | DC AQCCE SUB-GRANT CAPITAL NEW DEVELOPMENT | ||
| BRIGHT START CHILDCARE LLC | ||||||||
| 5707 14TH ST NW | WASHINGTON | DC | 20011 | 364647101 | $30,000 | DC AQCCE PRE-DEVELOPMENT SUB-GRANT | ||
| BUCU WEST DEVELOPMENT ASSOCIATION | ||||||||
| 4200 MORRISON ROAD UNIT 3 | DENVER | CO | 80219 | 841135942 | $165,000 | SPARCC CAPITAL GRANT- PURCHASING PROPERTY FOR SOCIAL ENT. | 501 (C) (3) | |
| CALIFORNIA COMMUNITY FOUNDATION | ||||||||
| 221 S FIGUEROA ST SUITE 400 | LOS ANGELES | CA | 90012 | 953510055 | $355,000 | SPARCC GRANT | 501 (C) (3) | |
| COMMUNITY EDUCATIONAL RESEARCH GROUP | ||||||||
| 4021 MINNESOTA AVE | WASHINGTON | DC | 20019 | 462596820 | $23,300 | DC AQCCE PRE-DEVELOPMENT SUB-GRANT | 501 (C) (3) | |
| CREATIVE MINDS CHILD CARE LLC | ||||||||
| 1308 CLIFTON ST NW | WASHINGTON | DC | 20009 | 823706635 | $122,000 | DC AQCCE RENOVATION & REPAIR SUB-GRANT | ||
| DAVID'S STARS CHILD DEVELOPMENT CENTER | ||||||||
| 2711 ONTARIO ROAD NW | WASHINGTON | DC | 20009 | 454055786 | $125,700 | DC AQCCE FUND RENOVATION & REPAIR SUB-GRANT THROUGH OSSE | ||
| DE COLORES LEARNING CENTER INC | ||||||||
| 6230 3RD STREET NW SUITE 14 | WASHINGTON | DC | 20011 | 260696897 | $150,000 | FY19 AQCCE SUB-GRANT_RENOVATION & REPAIR | ||
| DENVER HOUSING AUTHORITY | ||||||||
| 777 GRANT STREET | DENVER | CO | 80203 | 846002414 | $250,000 | SPARCC CAP GRNT-W DENVER ACCESSORY DWELLING UNIT PROGRAM | 501 (C) (3) | |
| EAST LA COMMUNITY CORPORATION (ELACC) | ||||||||
| 2917 E 1ST ST STE 101 | LOS ANGELES | CA | 90033 | 954531076 | $300,000 | ELACC NMTC GRANT- SPARCC CAPITAL GRANT | 501 (C) (3) | |
| ENTERPRISE COMMUNITY LOAN FUND INC | ||||||||
| 11000 BROKEN LAND PARKWAY STE 700 | COLUMBIA | MD | 21044 | 520192004 | $384,391 | KRESGE SPARCC GRANT | 501 (C) (3) | |
| FROM LOT TO SPOT | ||||||||
| 2003 E 1ST ST | LOS ANGELES | CA | 90033 | 203359738 | $50,000 | SPARCC (LA)- INNOVATION NATIONAL/ REGIONAL | 501 (C) (3) | |
| FUN GARDEN CHILDCARE & PRESCHOOL | ||||||||
| 240 LOBOS STREET | SAN FRANCISCO | CA | 94112 | 463426957 | $12,000 | FY19 EXPANSION GRANT | ||
| GEORGIA STATE UNIVERSITY RESEARCH FOUNDATION INC | ||||||||
| PO BOX 3999 | ATLANTA | GA | 30302 | 581845423 | $125,000 | SPARCC INNOVATION GRANT | 501 (C) (3) | |
| GRACE CHURCH OF GOD IN CHRIST | ||||||||
| 4812 WEMBERLEY DRIVE | MEMPHIS | TN | 38125 | 260658232 | $104,000 | SPARCC CAPITAL GRANT | 501 (C) (3) | |
| GROWING HOME INC | ||||||||
| 3489 W 72ND AVE SUITE 112 | WESTMINSTER | CO | 80030 | 841461503 | $55,000 | SPARCC CAPITAL GRANT | 501 (C) (3) | |
| HATCH WORKSPACE LLC | ||||||||
| 2129 13TH STREET NW | WASHINGTON | DC | 20009 | 822102180 | $30,000 | DC AQCCE PRE-DEVELOPMENT SUB-GRANT | ||
| HATCH WORKSPACE LLC - DBA TWO BIRDS | ||||||||
| 2129 13TH STREET NW | WASHINGTON | DC | 20009 | 822102180 | $300,000 | FY19 AQCCE SUB-GRANT - TWO BIRDS GRANT | ||
| HOLY FAMILY DAY HOME | ||||||||
| 299 DOLORES STREET | SAN FRANCISCO | CA | 94114 | 941156492 | $35,158 | FY19 HOLY FAMILY DAY HOME RENOVATION AND REPAIR GRANT | 501 (C) (3) | |
| JAPANESE COMMUNITY YOUTH COUNCIL | ||||||||
| 2012 PINE STREET | SAN FRANCISCO | CA | 94115 | 237092514 | $50,000 | CHILD CARE CENTER START UP COST | 501 (C) (3) | |
| JEWEL'S NEW BEGINNING LEARNING CENTER LLC | ||||||||
| 4309 3RD ST SE | WASHINGTON | DC | 20032 | 300786382 | $37,500 | DC AQCCE RENOVATION & REPAIR SUB-GRANT | ||
| KAI MING INC | ||||||||
| 900 KEARNY STREET SUITE 600 | SAN FRANCISCO | CA | 94133 | 510137847 | $248,000 | FY19 RENOVATION & REPAIR | 501 (C) (3) | |
| KIDZ CARE UNLIMITED CHILD DEVELOPMENT CENTER LLC | ||||||||
| 128 M STREET NW SUITE 150 | WASHINGTON | DC | 20001 | 814719398 | $190,700 | FY19 AQCCE NEW CENTER DEVELOPMENT CENTER | ||
| KLONDIKE SMOKEY CITY CDC INC | ||||||||
| 943 VOLLINTINE AVENUE | MEMPHIS | TN | 38107 | 621653535 | $66,000 | SPARCC CAPITAL GRANT | 501 (C) (3) | |
| LIFECYCLE BUILDING CENTER INC | ||||||||
| PO BOX 7661 | ATLANTA | GA | 30357 | 452645951 | $93,940 | SPARCC CAPITAL GRANT | 501 (C) (3) | |
| LI-PING LI FAMILY CHILD CARE HOME | ||||||||
| 159 GRANADA AVE | SAN FRANCISCO | CA | 94112 | 620530185 | $8,000 | FY19 EXPANSION GRANT | ||
| LITTLE TOKYO SERVICE CENTER COMM DEV CORP | ||||||||
| 231 E THIRD STREET STE G106 | LOS ANGELES | CA | 90013 | 954444102 | $50,000 | SPARCC INNOVATION GRANT | 501 (C) (3) | |
| LOVE AND CARE CHILD DEVELOPMENT CENTER INC | ||||||||
| 330 KENNEDY STREET NW | WASHINGTON | DC | 20011 | 412059696 | $330,000 | SUB-GRANT CAPITAL NEW DEVELOPMENT | 501 (C) (3) | |
| MERIAM ACADEMY | ||||||||
| 704 KENNEDY STREET NW | WASHINGTON | DC | 20011 | 472167675 | $29,000 | FY19 DC PRE-DEVELOPMENT SUB-GRANT | 501 (C) (3) | |
| MIDTOWN MOSQUE | ||||||||
| 1288 JACKSON AVENUE | MEMPHIS | TN | 38107 | 472944258 | $40,000 | SPARCC CAPITAL GRANT | 501 (C) (3) | |
| MILE HIGH CONNECTS CO THE DENVER FOUNDATION | ||||||||
| 55 MADISON STREET 8TH FLOOR | DENVER | CO | 80206 | 846048381 | $583,060 | SPARCC GRANT | 501 (C) (3) | |
| MISSION KIDS CO-OP | ||||||||
| 1050 SOUTH VAN NESS AVENUE | SAN FRANCISCO | CA | 94110 | 205809720 | $52,000 | CHILD CARE CENTER GRANT | 501 (C) (3) | |
| MISSION NEIGHBORHOOD CENTERS INC | ||||||||
| 362 CAPP STREET | SAN FRANCISCO | CA | 94110 | 941408150 | $1,000,000 | FY19 CAPITAL NEW DEVELOPMENT GRANT | 501 (C) (3) | |
| OASIS OF HOPE | ||||||||
| 8500 WALNUT GROVE ROAD | CORDOVA | TN | 38018 | 611470925 | $38,500 | SPARCC CAPITAL GRANT | 501 (C) (3) | |
| PALISADES MONTESSORI LLC | ||||||||
| 5110 1/2 MACARTHUR BLVD NW | WASHINGTON | DC | 20016 | 462360881 | $150,000 | DC AQCCE RENOVAITON & REPAIR SUB-GRANT | ||
| RAINBOW CHILD LEARNING CENTER INC | ||||||||
| 505 57TH STREET NE | WASHINGTON | DC | 20019 | 473637113 | $30,000 | DC AQCCE PRE-DEVELOPMENT SUB-GRANT | ||
| REGENTS OF UC BERKELEY | ||||||||
| 2195 HEARST AVE RM 130 MC 1103 | BERKELEY | CA | 947201103 | 946002123 | $110,000 | SPARCC GRANT | 501 (C) (3) | |
| SHEN ZHEN NEW WORLD I LLC | ||||||||
| 333 SOUTH FIGUEROA STREET | LOS ANGELES | CA | 90071 | 271896960 | $67,519 | SPARCC GRANT | ||
| SOCCER IN THE STREETS INC | ||||||||
| 130 BOULEVARD NE SUITE 4 | ATLANTA | GA | 30312 | 581874451 | $25,000 | SPARCC CAPITAL GRANT | 501 (C) (3) | |
| SOUTH OF MARKET CHILD CARE INC | ||||||||
| 790 FOLSOM STREET | SAN FRANCISCO | CA | 94107 | 943146532 | $1,314,381 | CHILD DEVELOPMENT CENTER CAPITAL GRANT | 501 (C) (3) | |
| SOUTHFACE ENERGY INSTITUTE INC | ||||||||
| 241 PINE STREET NE | ATLANTA | GA | 30308 | 581357547 | $142,100 | SPARCC GRANT | 501 (C) (3) | |
| ST TIMOTHY EPISCOPAL CDC | ||||||||
| 3601 ALABAMA AVENUE SE | WASHINGTON | DC | 20020 | 521014343 | $150,000 | DC AQCCEE FY19 SUB-GRANT CAPITAL NEW DEVELOPMENT | 501 (C) (3) | |
| SUKARNO GLORY CHILDCARE DEVELOPMENT CENTER | ||||||||
| 2323 PENNSYLVANIA AVE SE | WASHINGTON | DC | 20020 | 832039073 | $512,500 | DC AQCCEE FY19 SUB-GRANT CAPITAL NEW DEVELOPMENT | 501 (C) (3) | |
| TELEGRAPH HILL NEIGHBORHOOD CENTER | ||||||||
| 660 LOMBARD STREET | SAN FRANCISCO | CA | 94133 | 941167422 | $13,200 | SF CENTER START UP GRANT FY19 | 501 (C) (3) | |
| THAI COMMUNITY DEVELOPMENT CENTER | ||||||||
| 6376 YUCCA STREET SUITE B | LOS ANGELES | CA | 90028 | 954531770 | $100,000 | SPARCC CAPITAL GRANT | 501 (C) (3) | |
| THE CHICAGO COMMUNITY FOUNDATION | ||||||||
| 225 N MICHIGAN AVE SUITE 2200 | CHICAGO | IL | 60601 | 363432023 | $503,500 | SPARCC CAPITAL GRANT | 501 (C) (3) | |
| THE CHICAGO COMMUNITY TRUST | ||||||||
| 225 NORTH MICHIGAN AVENUE SUITE | CHICAGO | IL | 60601 | 362167000 | $504,950 | SPARCC GRANT | 2200 | 501 (C) (3) |
| THE DENVER FOUNDATION | ||||||||
| 55 MADISON 8TH FLOOR | DENVER | CO | 80206 | 846048381 | $102,500 | SPARCC GRANT | 501 (C) (3) | |
| THE LEARNING CURVE CDC LLC | ||||||||
| 2490 ALABAMA AVE SE | WASHINGTON | DC | 20020 | 813705208 | $18,000 | DC AQCCE RENOVATION & REPAIR SUB-GRANT | ||
| THE SAN FRANCISCO FOUNDATION | ||||||||
| ONE EMBARCADERO CENTER STE 1400 | SAN FRANCISCO | CA | 94111 | 106793370 | $401,800 | SPARCC GRANT | 501 (C) (3) | |
| TIDES CENTER | ||||||||
| 1014 TORNEY AVENUE | SAN FRANCISCO | CA | 94129 | 943213100 | $125,000 | SPARCC INNOVATION GRANT | 501 (C) (3) | |
| UNITED WAY OF THE MID-SOUTH | ||||||||
| 1005 TILLMAN STREET | MEMPHIS | TN | 38112 | 561010742 | $318,427 | SPARCC GRANT | 501 (C) (3) | |
| URBAN HABITAT PROGRAM | ||||||||
| 2000 FRANKLIN ST | OAKLAND | CA | 94612 | 200275424 | $50,000 | SPARCC INNOVATION GRANT | 501 (C) (3) | |
| WU YEE CHILDREN'S SERVICES | ||||||||
| 827 BROADWAY STREET 2/F | SAN FRANCISCO | CA | 94133 | 942387002 | $14,692 | CENTER RENOVATION & REPAIR GRANT | 501 (C) (3) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 43 | Total501c3OrgCnt |
| Total Other Org | 16 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (7 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| CHILD CARE CENTER RENOVATION & REPAIR | 1 | $15,000 |
| CHILD CARE START-UP GRANT | 1 | $5,000 |
| CHILD CARE CENTER RENOVATION & REPAIR | 1 | $7,500 |
| CHILD CARE START-UP GRANT | 1 | $4,000 |
| CHILD CARE DEVELOPMENT GRANT | 1 | $10,000 |
| CHILD CARE START-UP GRANT | 1 | $5,000 |
| CHILD CARE CENTER RENOVATION & REPAIR | 1 | $5,300 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | LIIF RECEIVES SIGNED CONTRACTS FROM GRANTEES PRIOR TO RELEASING GRANT FUNDS. THE CONTRACTS SPELL OUT THE SPECIFIC USE OF FUNDS. LIIF EMPLOYEES FOLLOW UP WITH GRANTEES TO VERIFY PROPER USE OF FUNDS. THE MAJORITY OF OUR GRANTS ARE MADE FROM PASS-THROUGH GRANT FUNDS FOR WHICH LIIF HAS REPORTING OBLIGATIONS BACK TO THE ORIGINAL GRANTOR. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DANIEL NISSENBAUM | ||||||||||||||
| DIRECTOR AND CEO | $355,400 | $0 | $70,000 | $0 | $50,000 | $0 | $0 | $0 | $38,881 | $0 | $514,281 | $0 | $0 | $0 |
| KIMBERLY LATIMER-NELLIGAN | ||||||||||||||
| COO & EVP, CIP | $336,072 | $0 | $120,000 | $0 | $0 | $0 | $11,000 | $0 | $20,722 | $0 | $487,794 | $0 | $0 | $0 |
| KATHRYN M ROCK | ||||||||||||||
| EVP, CFO & CAO | $319,257 | $0 | $90,000 | $0 | $0 | $0 | $11,000 | $0 | $19,302 | $0 | $439,559 | $0 | $0 | $0 |
| PATRICIA GOPAUL | ||||||||||||||
| CLO & GENERAL COUNSEL | $216,676 | $0 | $50,000 | $0 | $600 | $0 | $10,917 | $0 | $42,283 | $0 | $320,476 | $0 | $0 | $0 |
| BRIAN PRATER | ||||||||||||||
| EVP, STRATEGIC DEV & CORP. | $236,413 | $0 | $65,000 | $0 | $600 | $0 | $11,000 | $0 | $32,101 | $0 | $345,114 | $0 | $0 | $0 |
| SUSAN HYMAN | ||||||||||||||
| CHIEF CREDIT OFFICER | $195,135 | $0 | $53,000 | $0 | $600 | $0 | $10,152 | $0 | $31,301 | $0 | $290,188 | $0 | $0 | $0 |
| JONATHAN HARWITZ | ||||||||||||||
| DIRECTOR FOR FEDERAL POLIC | $213,284 | $0 | $27,000 | $0 | $432 | $0 | $6,922 | $0 | $41,156 | $0 | $288,794 | $0 | $0 | $0 |
| ROXANNE HUEY | ||||||||||||||
| VP, FINANCE AND CORPORATE | $204,450 | $0 | $33,500 | $0 | $0 | $0 | $9,741 | $0 | $53,667 | $0 | $301,358 | $0 | $0 | $0 |
| AMY LAUGHLIN | ||||||||||||||
| VP OF STRUCTURE PRODUCTS & CAPITAL M | $190,750 | $0 | $39,780 | $0 | $0 | $0 | $9,221 | $0 | $29,279 | $0 | $269,030 | $0 | $0 | $0 |
| CANDACE WONG | ||||||||||||||
| DIRECTOR, CA EARLY CARE AND EDUCATIO | $89,399 | $0 | $0 | $0 | $120,583 | $0 | $8,503 | $0 | $31,703 | $0 | $250,188 | $0 | $0 | $0 |
| NANCY ANDREWS | ||||||||||||||
| FMR CEO | $146,591 | $0 | $159,000 | $0 | $0 | $0 | $11,000 | $0 | $40,849 | $0 | $357,440 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | LIIF REIMBURSES EMPLOYEES FOR HEALTH CLUB MEMBERSHIPS UP TO A MONTHLY CAP AMOUNT. PATRICIA E GOPAUL: $600 JONATHAN M HARWITZ: $432 SUSAN HYMAN: $600 BRIAN PRATER: $600 |
| PART I, LINE 4A | ONE EMPLOYEE WHO RECEIVED A SEVERANCE PAYMENT FROM THE ORGANIZATION, PROPERLY REPORT HER RESPECTIVE COMPENSATION, ON FORM 990, PART VII AND SCHEDULE J, PART II. THE TERMS AND CONDITIONS OF THE AGREEMENT ARE CONFIDENTIAL AND CAN BE MADE AVAILABLE TO THE IRS UPON REQUEST. ALL AMOUNTS PAID DURING THE PERIOD COVERED BY THIS RETURN, ARE APPROPRIATELY INCLUDED IN FORM 990, PART VII, AND IN SCHEDULE J, PART II AS A PART OF REPORTABLE COMPENSATION REPORTED ON HER RESPECTIVE FORM W-2. |
| PART I, LINE 7 | DURING THE 2018 CALENDAR YEAR, THE ORGANIZATION PROVIDED INDIVIDUALS LISTED ON FORM 990, PART VII AND SCHEDULE J NON-FIXED PAYMENTS IN THE FORM OF BONUSES. ALL BONUSES ARE DISCRETIONARY, AND ARE BASED ON SEVERAL FACTORS INCLUDING INDIVIDUAL PERFORMANCE, COMPANY GOALS, AND INDIVIDUAL GOALS. AT THE END OF EACH FISCAL YEAR, THE PRESIDENT & CEO AND EXECUTIVE COMMITTEE APPROVE BONUS LIMITS TO BE PAID-OUT. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART I, LINE 6 | THE NUMBER OF VOLUNTEERS IS 54. THE ABOVE NUMBER INCLUDES THE LIIF BOARD MEMBERS, THE NON-BOARD LOAN COMMITTEE MEMBERS, THE EASTERN REGION ADVISORY COMMITTEE MEMBERS, THE WESTERN REGION ADVISORY COMMITTEE MEMBERS, AND THE SAN FRANCISCO CHILD CARE FACILITIES FUND PROGRAM ADVISORY COMMITTEE MEMBERS. |
| FORM 990, PART III, LINE 1 - ORGANIZATION'S MISSION | LOW INCOME INVESTMENT FUND ("LIIF") IS DEDICATED TO CREATING PATHWAYS OF OPPORTUNITY FOR LOW INCOME PEOPLE AND COMMUNITIES. SERVING THE POOREST OF THE POOR, LIIF IS A STEWARD FOR CAPITAL INVESTED IN COMMUNITY-BUILDING INITIATIVES. IN SO DOING, LIIF PROVIDES A BRIDGE BETWEEN PRIVATE CAPITAL MARKETS AND LOW INCOME NEIGHBORHOODS. LIIF PARTNERS WITH LOW INCOME COMMUNITIES, COMMUNITY BASED ORGANIZATIONS, FUNDERS, AND FINANCIAL INSTITUTIONS TO CREATE A NETWORK OF SUPPORT TO ADDRESS THE CHALLENGES FACING LOW INCOME INDIVIDUALS AND FAMILIES. SINCE ITS FOUNDING IN 1984, LIIF HAS PROVIDED $2.4 BILLION IN FINANCING AND TECHNICAL ASSISTANCE FOR PROJECTS BENEFITING LOW INCOME COMMUNITIES, LEVERAGING INVESTMENTS OF $12 BILLION. THROUGH THESE PROJECTS, WE HAVE SERVED OVER 2.1 MILLION PEOPLE AND SUPPORTED: - 77,095 UNITS OF HOUSING; - 270,500 CHILD CARE SPACES; - 95,661 SPACES IN SCHOOLS FOR CHILDREN; AND - 34.5 MILLION SQUARE FEET OF COMMUNITY FACILITIES. LIIF IS HEADQUARTERED IN SAN FRANCISCO, WITH OFFICES IN LOS ANGELES, NEW YORK CITY, ATLANTA, AND WASHINGTON D.C. |
| FORM 990, PART VI, SECTION A, LINE 4 | THE BYLAWS WERE AMENDED TO REFLECT THAT THE POSITIONS OF CHIEF EXECUTIVE OFFICER AND PRESIDENT COULD BE HELD BY SEPARATE PEOPLE. |
| FORM 990, PART VI, SECTION B, LINE 11B | RSM US LLP AND THE LIIF STAFF WORK TOGETHER IN GATHERING THE REQUIRED TAX INFORMATION NECESSARY TO COMPLETE THE TAX RETURNS. THE INITIAL DRAFT RETURNS ARE REVIEWED BY RSM AND THE LIIF FINANCE STAFF; ITEMS ARE DISCUSSED AND REVIEWED, WITH RECOMMENDED CHANGES REFLECTED IN THE RETURNS BEFORE FILING. A COPY OF THE TAX RETURN IS ALSO PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL EMPLOYEES ARE REQUIRED TO DISCLOSE IMMEDIATELY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO ANNUALLY COMPLETE CONFLICT OF INTEREST SURVEYS IDENTIFYING POTENTIAL CONFLICTS. THE RESULTS OF THESE SURVEYS ARE COMMUNICATED AMONGST THE ENTIRE BOARD TO ENSURE ALL MEMBERS ARE AWARE OF POTENTIAL CONFLICTS THAT MAY ARISE DURING THE YEAR. MEMBERS OF LOAN COMMITTEES MUST RECUSE THEMSELVES FROM DECISIONS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. IN GENERAL, CONFLICTS OF INTEREST ARE LIMITED TO INDIVIDUAL TRANSACTIONS WHICH LIIF IS CONSIDERING WITH ORGANIZATIONS WITH WHICH A BOARD MEMBER MAY HAVE A RELATIONSHIP. AS A RESULT, IT IS RELATIVELY STRAIGHTFORWARD TO MONITOR COMPLIANCE. |
| FORM 990, PART VI, SECTION B, LINE 15 | KEY EMPLOYEES, AS DEFINED BY IRS REGULATIONS AND INCLUDING THE CEO, ARE INCLUDED IN ANNUAL COMPENSATION REVIEW AND APPROVAL. AN OUTSIDE INDEPENDENT CONSULTANT CONDUCTS A REVIEW OF COMPARABLE DATA DRAWN FROM VARIOUS SOURCES INCLUDING INDUSTRY DATA AND COMPENSATION REPORTED BY SIMILAR ORGANIZATIONS, INCLUDING REVIEW OF FORM 990 FILINGS. THESE SUMMARIES ARE PRESENTED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS (COMPRISED OF INDEPENDENT DIRECTORS) WHICH IS RESPONSIBLE FOR REVIEWING COMPENSATION AND RECOMMENDING ADJUSTMENTS TO THE BOARD OF DIRECTORS WHO APPROVE THE ADJUSTMENTS. DELIBERATIONS AND DECISIONS ARE SUBSTANTIATED. |
| FORM 990, PART VI, SECTION C, LINE 19 | LIIF MAKES AVAILABLE TO THE PUBLIC ITS FINANCIAL STATEMENTS IN SUMMARY FORM THROUGH ITS ANNUAL REPORT, WHICH IS DISSEMINATED WIDELY AND AVAILABLE TO OTHERS UPON REQUEST. LIIF'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON IT'S WEBSITE. THE ORGANIZATION'S BY-LAWS, FORM 990 FILING, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). |
| FORM 990, PART XI, LINE 9: | RETURNED GRANT 516,863. |
| FORM 990, PART XII, LINE 2C | THE PROCESS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS HAS BEEN CONSISTENT WITH PRIOR YEARS. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| FOODCO LLC | |||||||||
| 50 CALIFORNIA STREET STE 2900 | SAN FRANCISCO | CA | 94111 | 942952578 | LENDING | DE | $112,986 | $7,244,758 | LIIF |
| LIIF NEW MARKETS LLC | |||||||||
| 50 CALIFORNIA STREET STE 2900 | SAN FRANCISCO | CA | 94111 | 942952578 | LENDING | DE | $1,702,470 | $279,986 | LIIF |
| LIIF NEW MARKETS VI LLC | |||||||||
| 50 CALIFORNIA STREET STE 2900 | SAN FRANCISCO | CA | 94111 | 942952578 | LENDING | DE | $82,006 | -$13,581 | LIIF NEW MARKETS LLC |
| LIIF REO I LLC | |||||||||
| 50 CALIFORNIA STREET STE 2900 | SAN FRANCISCO | CA | 94111 | 942952578 | LENDING | CA | -$800 | $0 | LIIF |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Predominant Income TypePredominantIncomeTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct | Share Of EOY AssetsShareOfEOYAssetsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LIIF TOAH MEMBER LLC | |||||||||||||
| 50 CALIFORNIA ST STE 2900 | SAN FRANCISCO | CA | 94111 | 275178180 | HOUSING DEVELOPMENT | DE | LIIF | RELATED INCOME | -$1,203 | 0 | 0 | 0.99990 | |
| BAY AREA TRANSIT ORIENTED AFFORDABLE HOUSING LLC | |||||||||||||
| 50 CALIFORNIA ST STE 2900 | SAN FRANCISCO | CA | 94111 | 275288604 | HOUSING DEVELOPMENT | DE | LIIF TOAH MEMBER LLC | RELATED INCOME | $73,223 | 0 | Yes (1) | 0.33330 | $10,670,255 |
| GSAF LLC | |||||||||||||
| 50 CALIFORNIA ST STE 2900 | SAN FRANCISCO | CA | 94111 | 455350755 | LENDING | CA | LIIF | RELATED INCOME | $278,127 | 0 | Yes (1) | 0.25000 | $24,093,572 |
| MATCH LLC | |||||||||||||
| 50 CALIFORNIA ST STE 2900 | SAN FRANCISCO | CA | 94111 | 822623689 | LENDING | CA | LIIF | RELATED INCOME | -$5,858 | 0 | Yes (1) | 0.33330 | $12,075,528 |
| LIIF HOUSING PRESERVATION FUND LLC | |||||||||||||
| 50 CALIFORNIA ST STE 2900 | SAN FRANCISCO | CA | 94111 | 823142247 | LENDING | DE | LIIF | RELATED INCOME | $1,697 | 0 | Yes (1) | 0.33330 | $32,845,040 |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LIIF NMTC HOLDINGS LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 CALIFORNIA ST STE 2900 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 461849564 | EIN |
| Primary Activities | LENDING | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LIIF | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | -$2,003 | ShareOfTotalIncomeAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (1) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (10 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| LIIF HOUSING PRESERVATION FUND LLC | ||
| A | $559,432 | GAAP |
| MATCH LLC | ||
| A | $57,999 | GAAP |
| LIIF NMTC HOLDINGS LLC | ||
| A | $3,376,806 | GAAP |
| GSAF LLC | ||
| A | $73,804 | GAAP |
| BAY AREA TRANSIT ORIENTED AFFORDABLE HOUSING LLC | ||
| A | $21,502 | GAAP |
| LIIF HOUSING PRESERVATION FUND LLC | ||
| S | $246,757 | GAAP |
| MATCH LLC | ||
| S | $28,234 | GAAP |
| LIIF NMTC HOLDINGS LLC | ||
| S | $1,728,509 | GAAP |
| GSAF LLC | ||
| S | $180,085 | GAAP |
| BAY AREA TRANSIT ORIENTED AFFORDABLE HOUSING LLC | ||
| S | $37,409 | GAAP |