NATIONAL COMMUNITY STABILIZATION TRUST LLC: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- NATIONAL COMMUNITY STABILIZATION TRUST LLC (EIN 26-3703347)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-06-05
- IRS object ID
- 202041579349300204
- Schema version
- 2019v5.1
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-06-05T07:01:06-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042571780 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AAFCPAS INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 WASHINGTON STREET | AddressLine1Txt |
| City | WESTBOROUGH | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01581 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 263703347 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL COMMUNITY STABILIZATION TRUST | BusinessNameLine1Txt |
| Business Name Line2 | LLC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NATI | BusinessNameControlTxt |
| Phone | 2022233237 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 910 17TH STREET NW NO 500A | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20006 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JULIA GORDON | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2022233237 | PhoneNum |
| Signature | 2020-06-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID KELLEHER CPA | PreparerPersonNm |
| PTIN | P01059560 | PTIN |
| Phone | 5083669100 | PhoneNum |
| Preparation | 2020-05-21 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 40.70.31.102 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-06-03 | IPDt |
| IP Tm | 10:24:50 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 2DDD31951ED2AB8CB25029F66ABAED5153B45454 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 1166F2FD08ABF73FAA4779C448B3D4829B6A5C9C | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JULIA GORDON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 910 17TH STREET NW NO 500A | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20006 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $4,682,801 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | STABILIZATIONTRUST.COM | WebsiteAddressTxt |
| Type Of Organization Other | Yes (X) | TypeOfOrganizationOtherInd |
| Other Organization Dsc | LLC | OtherOrganizationDsc |
| Formation | 2008 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | THE NATIONAL COMMUNITY STABILIZATION TRUST'S MISSION IS TO REMOVE THE BLIGHT OF VACANT, ABANDONED AND FORECLOSED RESIDENTIAL PROPERTIES TO THE STOCK OF RENTAL AND OWNERSHIP HOUSING AVAILABLE PRIMARILY TO LOW AND MODERATE INCOME FAMILIES BY FACILITATING THE TRANSFER OF FORECLOSED PROPERTY FROM FINANCIAL INSTITUTIONS TO LOCAL ORGANIZATIONS AND PROVIDING FINANCIAL ASSISTANCE TO SUPPORT STATE AND LOCAL STABILIZATION PROGRAMS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 5 | VotingMembersIndependentCnt |
| Total Employee | 21 | TotalEmployeeCnt |
| Total Volunteers | 5 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $617,559 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,734,478 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $3,579,759 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,864,846 | CYProgramServiceRevenueAmt |
| PY Investment Income | $19,256 | PYInvestmentIncomeAmt |
| CY Investment Income | $46,616 | CYInvestmentIncomeAmt |
| PY Other Revenue | $18,202 | PYOtherRevenueAmt |
| CY Other Revenue | $36,861 | CYOtherRevenueAmt |
| PY Total Revenue | $4,234,776 | PYTotalRevenueAmt |
| CY Total Revenue | $4,682,801 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,514,947 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,485,180 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $35,000 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $148,085 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,909,874 | PYOtherExpensesAmt |
| CY Other Expenses | $1,208,280 | CYOtherExpensesAmt |
| PY Total Expenses | $4,424,821 | PYTotalExpensesAmt |
| CY Total Expenses | $3,728,460 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$190,045 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $954,341 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $11,021,651 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,837,847 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $8,460,111 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $321,966 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,561,540 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,515,881 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE NATIONAL COMMUNITY STABILIZATION TRUST'S MISSION IS TO REMOVE THE BLIGHT OF VACANT, ABANDONED AND FORECLOSED RESIDENTIAL PROPERTIES TO THE STOCK OF RENTAL AND OWNERSHIP HOUSING AVAILABLE PRIMARILY TO LOW AND MODERATE INCOME FAMILIES BY FACILITATING THE TRANSFER OF FORECLOSED PROPERTY FROM FINANCIAL INSTITUTIONS TO LOCAL ORGANIZATIONS AND PROVIDING FINANCIAL ASSISTANCE TO SUPPORT STATE AND LOCAL STABILIZATION PROGRAMS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,869,967 | ExpenseAmt |
| Revenue | $2,901,707 | RevenueAmt |
| Desc | PROGRAM SERVICES INCLUDE THE TRANSFER OF FORECLOSED AND ABANDONED PROPERTIES FROM FINANCIAL INSTITUTIONS TO LOCAL HOUSING PROVIDERS AND ACCESS TO ACQUISITION AND REHABILITATION FINANCING TO SUPPORT STATE AND LOCAL COMMUNITY STABILIZATION EFFORTS. SINCE THE REO TRANSFER PROGRAM'S INCEPTION IN OCTOBER 2008, OVER 20,000 PROPERTIES HAVE BEEN TRANSFERRED TO APPROXIMATELY 976 LOCAL HOUSING PROVIDERS. THE STABILIZATION TRUST REO CAPITAL FUND WAS ESTABLISHED IN SEPTEMBER 2009 AND RECEIVED A $25 MILLION PROGRAM RELATED INVESTMENT FROM THE FORD FOUNDATION TO CAPITALIZE THE FUND AND PROVIDE CAPITAL FOR LENDING, $17.5 MILLION OF WHICH HAS BEEN RETURNED TO THE FORD FOUNDATION. TWENTY-FIVE LOANS TOTALING APPROXIMATELY $42.3 MILLION IN COMMITMENTS HAVE CLOSED. DURING 2011, THE TRUST ESTABLISHED A WHOLLY-OWNED SUBSIDIARY, NCST MORTGAGE RESOLUTIONS, LLC (NMR), A DELAWARE LIMITED LIABILITY COMPANY. NMR WILL PROVIDE SERVICES TO NCST AFFILIATES THAT ACQUIRE NON-PERFORMING MORTGAGE LOANS FROM FINANCIAL INSTITUTIONS WITH THE INTENT OF FOCUSING SERVICES AND RESOURCES TO REMEDIATE THE CURRENT BORROWER OR PROPERTIES IN A MANNER THAT EMPHASIZES OCCUPANCY AND NEIGHBORHOOD STABILITY. IN THE LAST THREE YEARS, NMR PROVIDED SERVICES TO THE MORTGAGE RESOLUTION FUND IN THE PURCHASE OF 1,071 NON-PERFORMING LOANS THROUGH 9 TRANSACTIONS WITH 6 DIFFERENT SELLERS. IN ADDITION, NMR PROVIDED SERVICES TO COMMUNITY RESTORATION CORPORATION IN THE ACQUISITION OF OVER 1200 DISTRESSED NOTES. | Desc |
| Total Program Service Expenses | $2,869,967 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | 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 |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | 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 | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | 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 With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| 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 | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 9 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 21 | 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 | 6 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 5 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | 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 | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JULIA GORDON | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2027067500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 910 17TH STREET NW SUITE 500-A | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20006 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| ANDREW JAKABOVICS | |||||||
| MEMBER MANAGER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| LOT DIAZ | |||||||
| CHAIR OF THE BOARD | 0.20 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| ROBERT GROSSINGER | |||||||
| PRESIDENT (THROUGH 6/30/19) | 40.00 | Yes (X) | $213,513 | $0 | $7,552 | Yes (X) | |
| JULIA GORDON | |||||||
| PRES.(AS OF 7/1/19),EVP (THRU 6/30) | 40.00 | Yes (X) | $261,109 | $0 | $9,576 | Yes (X) | |
| PAUL SINGH | |||||||
| MEMBER MANAGER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| ERIC CHATMAN | |||||||
| MEMBER MANAGER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL LEVINE | |||||||
| MEMBER MANAGER (THROUGH 3/2019) | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| BOB COONEY | |||||||
| MEMBER MANAGER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| CARLOS ALCAZAR | |||||||
| COO (AS OF 7/1/19) | 40.00 | $155,856 | $0 | $23,955 | Yes (X) | ||
| ERIN PERSONS | |||||||
| VP OF PROGRAM OPERATIONS | 40.00 | $166,222 | $0 | $12,491 | Yes (X) | ||
| RACQUEL REDDIE | |||||||
| COMMUNITY DEV. MGR. | 40.00 | $137,900 | $0 | $26,588 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $934,600 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $80,162 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 7 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| FORSYTH STREET ADVISORS LLC | |||||
| 588 BROADWAY SUITE 1208 | NEW YORK | NY | 10012 | FUND MANAGEMENT SERVICES | $270,000 |
| MARCUM LLP | |||||
| 1899 L ST NW SUITE 850 | WASHINGTON | DC | 20036 | ACCOUNTING/HR SERVICES | $146,333 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $1,734,478 | AllOtherContributionsAmt |
| Total Contributions | $1,734,478 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| REAL ESTATE SERVICE FE | 531390 | $2,184,800 | $2,184,800 |
| LOAN ORIGINATION AND O | 531390 | $310,000 | $310,000 |
| MANAGEMENT FEES | 531390 | $264,550 | $264,550 |
| INTEREST INCOME ON LOA | 522291 | $105,496 | $105,496 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,864,846 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $46,616 | TotalRevenueColumnAmt |
| Exclusion | $46,616 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $36,861 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $36,861 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $36,861 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,682,801 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,901,707 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $46,616 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $544,718 | TotalAmt |
| Program Services | $200,435 | ProgramServicesAmt |
| Management And General | $255,117 | ManagementAndGeneralAmt |
| Fundraising | $89,166 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,580,116 | TotalAmt |
| Program Services | $1,392,441 | ProgramServicesAmt |
| Management And General | $174,543 | ManagementAndGeneralAmt |
| Fundraising | $13,132 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,723 | TotalAmt |
| Program Services | $48,988 | ProgramServicesAmt |
| Management And General | $2,735 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $165,833 | TotalAmt |
| Program Services | $161,013 | ProgramServicesAmt |
| Management And General | $1,784 | ManagementAndGeneralAmt |
| Fundraising | $3,036 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $142,790 | TotalAmt |
| Program Services | $122,942 | ProgramServicesAmt |
| Management And General | $17,563 | ManagementAndGeneralAmt |
| Fundraising | $2,285 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,000 | TotalAmt |
| Program Services | $20,000 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,424 | TotalAmt |
| Management And General | $20,424 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $169,885 | TotalAmt |
| Management And General | $169,885 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,000 | TotalAmt |
| Fundraising | $35,000 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,078 | TotalAmt |
| Program Services | $37,984 | ProgramServicesAmt |
| Management And General | $1,248 | ManagementAndGeneralAmt |
| Fundraising | $3,846 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,354 | TotalAmt |
| Program Services | $9,569 | ProgramServicesAmt |
| Management And General | $11,752 | ManagementAndGeneralAmt |
| Fundraising | $33 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $252,217 | TotalAmt |
| Program Services | $250,717 | ProgramServicesAmt |
| Management And General | $1,319 | ManagementAndGeneralAmt |
| Fundraising | $181 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $137,984 | TotalAmt |
| Program Services | $129,981 | ProgramServicesAmt |
| Management And General | $7,037 | ManagementAndGeneralAmt |
| Fundraising | $966 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,169 | TotalAmt |
| Program Services | $52,033 | ProgramServicesAmt |
| Management And General | $2,758 | ManagementAndGeneralAmt |
| Fundraising | $378 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,083 | TotalAmt |
| Program Services | $42,083 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,801 | TotalAmt |
| Management And General | $43,801 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| BAD DEBT | $264,340 | $264,340 | ||
| INSPECTION FEES - SDP | $118,335 | $118,335 | ||
| INTEREST - AMORTIZATION | $10,891 | $10,891 | ||
| MISCELLANEOUS | $8,719 | $8,215 | $442 | $62 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,728,460 | TotalAmt |
| Program Services | $2,869,967 | ProgramServicesAmt |
| Management And General | $710,408 | ManagementAndGeneralAmt |
| Fundraising | $148,085 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,839,428 | BOYAmt |
| EOY | $3,206,848 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,539 | BOYAmt |
| EOY | $101 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $50,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $479,291 | BOYAmt |
| EOY | $511,800 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,827 | BOYAmt |
| EOY | $69,098 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,938,244 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,706,322 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,021,651 | BOYAmt |
| EOY | $3,837,847 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $387,833 | BOYAmt |
| EOY | $128,748 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $270,620 | BOYAmt |
| EOY | $152,238 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,549 | BOYAmt |
| EOY | $980 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,489,109 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $310,000 | BOYAmt |
| EOY | $40,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,460,111 | BOYAmt |
| EOY | $321,966 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,297,044 | BOYAmt |
| EOY | $3,244,736 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $264,496 | BOYAmt |
| EOY | $271,145 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,561,540 | BOYAmt |
| EOY | $3,515,881 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,021,651 | BOYAmt |
| EOY | $3,837,847 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $954,341 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | 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 | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $867,895 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $455,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $721,152 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $617,559 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,734,478 | CurrentTaxYearAmt |
| Total | $4,396,084 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,434,710 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,994,183 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,579,276 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,597,961 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,901,707 | CurrentTaxYearAmt |
| Total | $17,507,837 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,302,605 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,449,183 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,300,428 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,215,520 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,636,185 | CurrentTaxYearAmt |
| Total | $21,903,921 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $250,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $656,200 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $471,400 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $567,558 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,699,478 | CurrentTaxYearAmt |
| Total | $3,644,636 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,687,173 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,690,869 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,047,001 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,420,799 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,019,644 | CurrentTaxYearAmt |
| Total | $9,865,486 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,937,173 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,347,069 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,518,401 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,988,357 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,719,122 | CurrentTaxYearAmt |
| Total | $13,510,122 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $8,393,799 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $30,844 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $17,553 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,695 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,256 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $46,616 | CurrentTaxYearAmt |
| Total | $128,964 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $30,844 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $17,553 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,695 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,256 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $46,616 | CurrentTaxYearAmt |
| Total | $128,964 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $365,212 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $187,500 | CurrentTaxYearMinus3YearsAmt |
| Total | $552,712 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,698,661 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,654,236 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,315,123 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,234,776 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,682,801 | CurrentTaxYearAmt |
| Total | $22,585,597 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.37160 | PublicSupportCY509Pct |
| Public Support PY509 | 0.41990 | PublicSupportPY509Pct |
| Investment Income CY | 0.00570 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00450 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
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 D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Beginning Balance | $2,549 | BeginningBalanceAmt |
| Distributions During Year | $1,569 | DistributionsDuringYearAmt |
| Ending Balance | $980 | EndingBalanceAmt |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NOTES PAYABLE TO MEMBERS | Desc |
| Amt | $40,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $40,000 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | FUNDS HELD FOR OTHERS REPRESENT FUNDS RECEIVED BY NCST FOR THE BENEFIT OF OTHER AGENCIES. VARIOUS FINANCIAL INSTITUTIONS COLLABORATE WITH THE NATIONAL EFFORTS OF NCST TO STABILIZE NEIGHBORHOODS ACROSS THE NATION THAT HAVE BEEN SIGNIFICANTLY AFFECTED BY THE FORECLOSURE CRISIS. THESE FINANCIAL INSTITUTIONS PROVIDE FUNDS TO THE BUYING ENTITIES THAT PURCHASE PROPERTIES THROUGH THE NCST'S FIRST LOOK PROGRAM. THE FUNDS ARE APPROVED BY THE FINANCIAL INSTITUTIONS, BASED ON THE MARKET VALUE OF THE PROPERTY PURCHASED BY NCST APPROVED BUYERS. NCST OPERATES AS THE FISCAL AGENT FACILITATING THE DISBURSEMENT OF THIS GRANT FUNDING. |
| PART X, LINE 2: | NCST ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATED FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. AS OF DECEMBER 31, 2019, NCST HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. NCST FILES INFORMATIONAL RETURNS IN THE UNITED STATES FEDERAL JURISDICTION, AND ILLINOIS AND CALIFORNIA STATE JURISDICTIONS. THE INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE UNITED STATES FEDERAL, AND ILLINOIS AND CALIFORNIA STATE JURISDICTIONS. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KG CONSULTING | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5009 BELT ROAD NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20016 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | FUNDRAISING CONSULTING | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Retained By Contractor | $35,000 | RetainedByContractorAmt |
| Net To Organization | -$35,000 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $35,000 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$35,000 | TotalNetToOrganizationAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | 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 | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROBERT GROSSINGER | ||||||||||||||
| PRESIDENT (THROUGH 6/30/19) | $206,013 | $0 | $7,500 | $0 | $0 | $0 | $7,552 | $0 | $0 | $0 | $221,065 | $0 | $0 | $0 |
| JULIA GORDON | ||||||||||||||
| PRES.(AS OF 7/1/19),EVP (THRU 6/30) | $244,109 | $0 | $17,000 | $0 | $0 | $0 | $9,576 | $0 | $0 | $0 | $270,685 | $0 | $0 | $0 |
| CARLOS ALCAZAR | ||||||||||||||
| COO (AS OF 7/1/19) | $148,356 | $0 | $7,500 | $0 | $0 | $0 | $0 | $0 | $23,955 | $0 | $179,811 | $0 | $0 | $0 |
| ERIN PERSONS | ||||||||||||||
| VP OF PROGRAM OPERATIONS | $158,722 | $0 | $7,500 | $0 | $0 | $0 | $10,580 | $0 | $1,911 | $0 | $178,713 | $0 | $0 | $0 |
| RACQUEL REDDIE | ||||||||||||||
| COMMUNITY DEV. MGR. | $132,900 | $0 | $5,000 | $0 | $0 | $0 | $5,703 | $0 | $20,885 | $0 | $164,488 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | NCST HAS MEMBERS AS DEFINED IN THE LLC AGREEMENT. |
| FORM 990, PART VI, SECTION A, LINE 6 | NCST WAS FORMED AS A LIMITED LIABILITY COMPANY WITH SIX MEMBERS. DURING 2018, ONE MEMBER RELINQUISED IT'S MEMBERSHIP RIGHTS IN NCST, AND THEREFORE THERE WERE 5 MEMBERS AS OF DECEMBER 31, 2019. |
| FORM 990, PART VI, SECTION A, LINE 7A | NCST IS AN LLC WITH FIVE MEMBERS, EACH MEMBER HAS REPRESENTATION ON THE BOARD OF MANAGERS. THERE ARE 6 TOTAL MEMBERS OF THE BOARD OF MANAGERS, EACH OF WHOM HAS VOTING RIGHTS TO ELECT OTHER MEMBERS OF THE BOARD. |
| FORM 990, PART VI, SECTION A, LINE 7B | MANAGEMENT AND CONTROL OF THE BUSINESS OF NCST IS GENERALLY VESTED IN ITS GOVERNING BODY; CERTAIN DECISIONS ARE SUBJECT TO THE APPROVAL OF THE MEMBERS OF NCST. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY AN INDEPENDENT CONTRACTOR WITH ASSISTANCE FROM AND REVIEW BY NCST OFFICERS. PRIOR TO FILING, AAF PRESENTS THE DRAFT 990 TO THE NCST AUDIT/FINANCE COMMITTEE FOR APPROVAL. |
| FORM 990, PART VI, SECTION B, LINE 12C | OFFICERS AND BOARD MEMBERS ARE REQUIRED TO SIGN OFF ANNUALLY ON NCST'S CONFLICT OF INTEREST POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PRESIDENT, COO AND COMPTROLLER ARE OFFICERS WHICH ARE COMPENSATED. THEIR SALARIES WERE DETERMINED THROUGH BOARD DISCUSSION AND APPROVAL. NCST CONDUCTED A COMPENSATION STUDY IN 2013 TO ENSURE THAT THE CEO SALARY WAS IN-LINE WITH OTHER NON PROFITS IN THE INDUSTRY. THE STUDY AT THE TIME INDICATED THAT THE CEO SALARY WAS IN-LINE. MOST RECENTLY, LEGAL COUNSEL CONDUCTED A QUICK COMPENSATION EXERCISE WITH SIMILAR NON PROFITS USING THE PUBLIC 990 TO INDICATE THAT THE CEO SALARY FOR NCST REMAINS IN-LINE WITH OTHER NON PROFITS. THE CEO USES MARKET RATE EXAMPLES FOR SIMILAR POSITIONS TO DETERMINE THE SALARY OF THE COO AND COMPTROLLER. |
| FORM 990, PART VI, SECTION C, LINE 19 | NCST MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XII, LINE 2C: | THE BOARD OF DIRECTORS HAS CHARGED THE AUDIT COMMITTEE WITH RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION PROCESS. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 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 |
|---|---|---|---|---|---|---|---|---|---|
| STABILIZATION TRUST REO CAPITAL FUND LLC | |||||||||
| 910 17TH STREET NW SUITE 500-A | WASHINGTON | DC | 20006 | 270905665 | FINANCING OF ACQUISITIONS OF FORECLOSED PROPERTIES | DC | $124,589 | $617 | NATIONAL COMMUNITY STABILIZATION TRUST LLC |
| NCST MORTGAGE RESOLUTIONS LLC | |||||||||
| 910 17TH STREET NW SUITE 500-A | WASHINGTON | DC | 20006 | 383859645 | SERVICE NCST AFFILIATES THAT ACQUIRE NON-PERFORMING MORTGAGE LOANS | DC | $1,789,028 | $4,930,553 | NATIONAL COMMUNITY STABILIZATION TRUST LLC |