NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC (EIN 13-6532871)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-09
- IRS object ID
- 202043149349302744
- 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
- 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 | 2020-11-09T13:35:05-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 221478099 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COHNREZNICK LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1301 AVENUE OF THE AMERICAS | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | 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 | 136532871 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL COUNCIL FOR COMMUNITY | BusinessNameLine1Txt |
| Business Name Line2 | DEVELOPMENT INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NATI | BusinessNameControlTxt |
| Phone | 2126821106 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BATTERY PARK PLAZA NO 710 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DANIEL MARSH III | PersonNm |
| Person Title | PRESIDENT AND CEO | PersonTitleTxt |
| Phone | 2126821106 | PhoneNum |
| Signature | 2020-11-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LORI ROTHE YOKOBOSKY CPA | PreparerPersonNm |
| PTIN | P01273422 | PTIN |
| Phone | 2122970400 | PhoneNum |
| Preparation | 2020-11-08 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 209.59.243.22 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-11-09 | IPDt |
| IP Tm | 09:45:33 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | F9BA0E82A6D947CC92540FBC56E8B73643681DA5 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE NATIONAL DEVELOPMENT COUNCIL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DANIEL MARSH III | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BATTERY PARK PLAZA NO 710 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $11,217,565 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NDCONLINE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1972 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | THE MISSION OF THE NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT, INC. DBA (CONT. ON SCHEDULE O) THE NATIONAL DEVELOPMENT COUNCIL (NDC), IS TO CREATE ECONOMIC OPPORTUNITY, AFFORDABLE HOUSING AND TO STRENGTHEN COMMUNITIES IN UNDERSERVED AREAS ACROSS THE UNITED STATES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 89 | TotalEmployeeCnt |
| Total Volunteers | 9 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,663,809 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,745,990 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $5,475,241 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $5,403,773 | CYProgramServiceRevenueAmt |
| PY Investment Income | $39,085 | PYInvestmentIncomeAmt |
| CY Investment Income | $47,252 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $20,550 | CYOtherRevenueAmt |
| PY Total Revenue | $10,178,135 | PYTotalRevenueAmt |
| CY Total Revenue | $11,217,565 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $301,006 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $557,006 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $5,078,653 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,241,728 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $132,620 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,734,547 | PYOtherExpensesAmt |
| CY Other Expenses | $4,176,907 | CYOtherExpensesAmt |
| PY Total Expenses | $10,114,206 | PYTotalExpensesAmt |
| CY Total Expenses | $9,975,641 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $63,929 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,241,924 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $12,741,704 | TotalAssetsBOYAmt |
| Total Assets EOY | $13,795,338 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $6,818,882 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $7,961,890 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $5,922,822 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $5,833,448 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE THREE PRIMARY EXEMPT PURPOSES OF THE NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT DBA THE NATIONAL DEVELOPMENT COUNCIL ARE TO:- ENCOURAGE AND FOSTER BUSINESS OWNERSHIP BY MEMBERS OF DISADVANTAGED GROUPS. (CONT. ON SCHEDULE O)- CONDUCT PROGRAMS TO INFORM AND AID COMMUNITIES IN OBTAINING AND UTILIZING GOVERNMENTAL AND OTHER FUNDS FOR SUPPORT OF LOCAL ECONOMIC DEVELOPMENT.- PROVIDE QUALITY HOUSING FOR LOW INCOME PERSONS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,340,420 | ExpenseAmt |
| Grant | $557,006 | GrantAmt |
| Revenue | $1,756,240 | RevenueAmt |
| Desc | ENCOURAGE AND FOSTER BUSINESS OWNERSHIP BY MEMBERS OF DISADVANTAGED GROUPS:THROUGH NDC'S SMALL BUSINESS LENDING UNIT, WE HAVE ASSISTED MORE THAN 610 SMALL BUSINESSES OWNED BY DISADVANTAGED INDIVIDUALS OR LOCATED IN LOW-INCOME CENSUS TRACTS ACROSS THE NATION BY PROVIDING LOAN CAPITAL AND BUSINESS COUNSELING. NDC HAS EXTENDED OVER $241 MILLION IN SMALL BUSINESS FINANCING AT BELOW MARKET INTEREST RATES AND WITH ATTRACTIVE TERMS. THE BUSINESS COUNSELING IS PROVIDED AT NO COST TO THE SMALL BUSINESSES. OVER THE LAST SEVERAL YEARS, OUR SMALL BUSINESS LOAN FUND HAS RECEIVED NATIONAL RECOGNITION FROM A VARIETY OF INSTITUTIONS:(CONT. ON SCHEDULE O) | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,494,321 | ExpenseAmt |
| Revenue | $1,871,726 | RevenueAmt |
| Desc | INFORM AND AID COMMUNITIES IN OBTAINING AND UTILIZING GOVERNMENTAL FUNDS FOR SUPPORT OF LOCAL ECONOMIC DEVELOPMENT:NDC CONDUCTS TRAINING AND PROVIDES COUNSELING AND TECHNICAL ASSISTANCE TO DISADVANTAGED COMMUNITIES FOR SUPPORT OF LOCAL ECONOMIC DEVELOPMENT AND COMMUNITY DEVELOPMENT.DURING THE YEAR, NDC WORKED WITH MORE THAN 100 COMMUNITIES PROVIDING TECHNICAL ASSISTANCE AND GUIDANCE IN CARRYING OUT ECONOMIC AND COMMUNITY DEVELOPMENT STRATEGIES, PROGRAMS AND PROJECTS AND IN DEVELOPING PUBLIC FACILITIES. (CONT. ON SCHEDULE O) | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,175,187 | ExpenseAmt |
| Revenue | $1,796,356 | RevenueAmt |
| Desc | TO PROVIDE HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES:NDC CONDUCTS TRAINING AND PROVIDES COUNSELING AND TECHNICAL ASSISTANCE TO DISADVANTAGED COMMUNITIES AND NONPROFIT ORGANIZATIONS IN SUPPORT OF PROVIDING HOUSING FOR LOW-INCOME PERSONS. DURING THE YEAR, NDC WORKED WITH MORE THAN 100 COMMUNITIES AND NONPROFIT ORGANIZATIONS AND PROVIDED TRAINING TO MORE THAN 2,800 PRACTITIONERS IN HOUSING DEVELOPMENT FOR LOW-INCOME PERSONS AND IN LOW-INCOME COMMUNITIES. (CONT. ON SCHEDULE O) | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $7,009,928 | 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 | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| 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 | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | 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 | 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 | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | 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 | 43 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 89 | 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 | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | 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 | 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 | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| 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 | ADAM ENNIS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2126821106 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BATTERY PARK PLAZA SUITE 710 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| GARY PERLOW | |||||||||
| BOARD MEMBER | 2.15 | 0.55 | Yes (X) | $0 | $0 | $0 | |||
| JAMIE BLOSSER | |||||||||
| BOARD MEMBER | 1.11 | 0.22 | Yes (X) | $0 | $0 | $0 | |||
| JOHN DOWNS | |||||||||
| BOARD MEMBER | 2.15 | 0.55 | Yes (X) | $0 | $0 | $0 | |||
| MACKENSIE CANTER | |||||||||
| BOARD MEMBER | 1.11 | 0.22 | Yes (X) | $0 | $0 | $0 | |||
| MARILYN STRICKLAND | |||||||||
| BOARD MEMBER | 1.11 | 0.22 | Yes (X) | $0 | $0 | $0 | |||
| PATRICK DUGGAN | |||||||||
| BOARD MEMBER | 1.11 | 0.22 | Yes (X) | $0 | $0 | $0 | |||
| SAUNDRA JOHNSON HUDSON | |||||||||
| CHAIRWOMAN | 2.15 | 0.55 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| SETH BONGARTZ | |||||||||
| SECRETARY | 2.15 | 0.55 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| TOMASITA DURAN | |||||||||
| BOARD MEMBER | 2.15 | 0.55 | Yes (X) | $0 | $0 | $0 | |||
| DANIEL MARSH III | |||||||||
| PRESIDENT & CEO | 44.00 | 11.00 | $304,996 | $0 | $97,682 | Yes (X) | |||
| GERTRUDE SCRIVEN | |||||||||
| TREASURER | 47.50 | 2.50 | $180,883 | $0 | $45,436 | Yes (X) | |||
| ADAM ENNIS | |||||||||
| CFO | 15.00 | 35.00 | $182,060 | $0 | $59,420 | Yes (X) | |||
| ANN VOGT | |||||||||
| PRODUCT MANAGER | 7.15 | 47.85 | $302,341 | $0 | $58,952 | Yes (X) | |||
| ANGELA BUTLER | |||||||||
| PRODUCT MANAGER | 38.00 | 12.00 | $177,282 | $0 | $74,015 | Yes (X) | |||
| CHARLEY DEPEW | |||||||||
| SENIOR DIRECTOR | 47.00 | 3.00 | $185,042 | $0 | $70,013 | Yes (X) | |||
| JOHN PALYO | |||||||||
| PRODUCT MANAGER | 5.00 | 47.00 | $215,703 | $0 | $62,837 | Yes (X) | |||
| KEVIN GREMSE | |||||||||
| REGIONAL MANAGER | 47.00 | 3.00 | $188,420 | $0 | $65,590 | Yes (X) | |||
| STEPHANIE DUGAN | |||||||||
| PRODUCT MANAGER | 45.00 | 5.00 | $189,990 | $0 | $57,444 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,926,717 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $591,389 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 44 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COHNREZNICK LLP | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1301 AVENUE OF THE AMERICAS | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | AUDITING AND TAX SERVICES | ServicesDesc |
| Compensation | $126,265 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $4,277,257 | RelatedOrganizationsAmt |
| All Other Contributions | $1,468,733 | AllOtherContributionsAmt |
| Total Contributions | $5,745,990 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TECHNICAL ASSISTANCE | 541900 | $3,204,287 | $3,204,287 |
| TRAINING REVENUE | 541900 | $1,968,604 | $1,968,604 |
| MANAGEMENT INCOME | 541900 | $150,500 | $150,500 |
| LOAN INTEREST | 541900 | $80,382 | $80,382 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $5,403,773 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $47,252 | TotalRevenueColumnAmt |
| Exclusion | $47,252 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISC INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $20,550 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $20,550 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $20,550 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,217,565 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,424,323 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $47,252 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $557,006 | TotalAmt |
| Program Services | $557,006 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,115,363 | TotalAmt |
| Program Services | $845,862 | ProgramServicesAmt |
| Management And General | $264,854 | ManagementAndGeneralAmt |
| Fundraising | $4,647 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,878,097 | TotalAmt |
| Program Services | $2,183,969 | ProgramServicesAmt |
| Management And General | $682,117 | ManagementAndGeneralAmt |
| Fundraising | $12,011 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $285,174 | TotalAmt |
| Program Services | $197,444 | ProgramServicesAmt |
| Management And General | $86,118 | ManagementAndGeneralAmt |
| Fundraising | $1,612 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $709,061 | TotalAmt |
| Program Services | $550,215 | ProgramServicesAmt |
| Management And General | $156,180 | ManagementAndGeneralAmt |
| Fundraising | $2,666 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $254,033 | TotalAmt |
| Program Services | $195,232 | ProgramServicesAmt |
| Management And General | $57,930 | ManagementAndGeneralAmt |
| Fundraising | $871 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,733 | TotalAmt |
| Management And General | $43,733 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $199,425 | TotalAmt |
| Management And General | $199,425 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,900 | TotalAmt |
| Management And General | $3,900 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,154,044 | TotalAmt |
| Program Services | $548,393 | ProgramServicesAmt |
| Management And General | $503,111 | ManagementAndGeneralAmt |
| Fundraising | $102,540 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $224,403 | TotalAmt |
| Program Services | $171,173 | ProgramServicesAmt |
| Management And General | $52,286 | ManagementAndGeneralAmt |
| Fundraising | $944 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $449,560 | TotalAmt |
| Program Services | $342,924 | ProgramServicesAmt |
| Management And General | $104,746 | ManagementAndGeneralAmt |
| Fundraising | $1,890 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $405,819 | TotalAmt |
| Program Services | $309,558 | ProgramServicesAmt |
| Management And General | $94,555 | ManagementAndGeneralAmt |
| Fundraising | $1,706 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $641,594 | TotalAmt |
| Program Services | $515,705 | ProgramServicesAmt |
| Management And General | $123,498 | ManagementAndGeneralAmt |
| Fundraising | $2,391 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $173,245 | TotalAmt |
| Management And General | $173,245 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $110,646 | TotalAmt |
| Program Services | $84,401 | ProgramServicesAmt |
| Management And General | $26,245 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $139,736 | TotalAmt |
| Management And General | $139,736 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| TRAINING SITES | $214,891 | $214,891 | ||
| SUBS. AND MEMBERSHIPS | $103,062 | $78,616 | $24,013 | $433 |
| EQUIPMENT LEASE AND MAI | $88,255 | $67,321 | $20,563 | $371 |
| TEMPORARY EMPLOYEES | $87,473 | $66,724 | $20,381 | $368 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $137,121 | TotalAmt |
| Program Services | $80,494 | ProgramServicesAmt |
| Management And General | $56,457 | ManagementAndGeneralAmt |
| Fundraising | $170 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,975,641 | TotalAmt |
| Program Services | $7,009,928 | ProgramServicesAmt |
| Management And General | $2,833,093 | ManagementAndGeneralAmt |
| Fundraising | $132,620 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $386,297 | BOYAmt |
| EOY | $345,102 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $643,504 | BOYAmt |
| EOY | $1,539,122 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,385,355 | BOYAmt |
| EOY | $2,481,443 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,038,043 | BOYAmt |
| EOY | $8,038,043 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,700 | BOYAmt |
| EOY | $305,836 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,348,579 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,130,686 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $328,539 | BOYAmt |
| EOY | $217,893 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $728,630 | BOYAmt |
| EOY | $839,085 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $149,822 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,814 | BOYAmt |
| EOY | $28,814 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,741,704 | BOYAmt |
| EOY | $13,795,338 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $601,946 | BOYAmt |
| EOY | $978,674 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $164,655 | BOYAmt |
| EOY | $249,806 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,052,281 | BOYAmt |
| EOY | $6,733,410 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,818,882 | BOYAmt |
| EOY | $7,961,890 | 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 | $5,261,380 | BOYAmt |
| EOY | $4,897,678 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $661,442 | BOYAmt |
| EOY | $935,770 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,922,822 | BOYAmt |
| EOY | $5,833,448 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,741,704 | BOYAmt |
| EOY | $13,795,338 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,241,924 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $67,294 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$1,398,592 | 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) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| 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 | $4,089,562 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,616,744 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,375,706 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,663,809 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,745,990 | CurrentTaxYearAmt |
| Total | $23,491,811 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,525,288 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,481,765 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,318,990 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,475,241 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,403,773 | CurrentTaxYearAmt |
| Total | $27,205,057 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,614,850 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,098,509 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,694,696 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,139,050 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $11,149,763 | CurrentTaxYearAmt |
| Total | $50,696,868 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,409,562 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,297,869 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,834,170 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,450,702 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,277,257 | CurrentTaxYearAmt |
| Total | $19,269,560 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,409,562 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,297,869 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,834,170 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,450,702 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,277,257 | CurrentTaxYearAmt |
| Total | $19,269,560 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $31,427,308 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $215,571 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $124,010 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $13,754 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $39,085 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $47,252 | CurrentTaxYearAmt |
| Total | $439,672 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $215,571 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $124,010 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $13,754 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $39,085 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $47,252 | CurrentTaxYearAmt |
| Total | $439,672 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $33,112 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,626 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year | $20,550 | CurrentTaxYearAmt |
| Total | $55,288 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,830,421 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,255,631 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,710,076 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,178,135 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $11,217,565 | CurrentTaxYearAmt |
| Total | $51,191,828 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.61390 | PublicSupportCY509Pct |
| Public Support PY509 | 0.65330 | PublicSupportPY509Pct |
| Investment Income CY | 0.00860 | InvestmentIncomeCYPct |
| Investment Income PY | 0.01330 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | DISTRIBUTION FROM PARTNERSHIP - 2016 AMOUNT: $ 33,112. MISCELLANEOUS - 2017 AMOUNT: $ 1,626. 2019 AMOUNT: $ 20,550. | ExplanationTxt |
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 Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $125,000 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $125,000 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $9,849,641 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $9,974,641 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $648,732 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $162,183 | 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 | $694,669 | CurrentYearMinus3Amt |
| Current Year Minus2 | $676,216 | CurrentYearMinus2Amt |
| Current Year Minus1 | $655,710 | CurrentYearMinus1Amt |
| Current Year | $648,732 | CurrentYearAmt |
| Total | $2,675,327 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $4,012,991 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $104,305 | CurrentYearMinus3Amt |
| Current Year Minus2 | $140,437 | CurrentYearMinus2Amt |
| Current Year Minus1 | $129,993 | CurrentYearMinus1Amt |
| Current Year | $125,000 | CurrentYearAmt |
| Total | $499,735 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $173,667 | CurrentYearMinus3Amt |
| Current Year Minus2 | $169,054 | CurrentYearMinus2Amt |
| Current Year Minus1 | $163,928 | CurrentYearMinus1Amt |
| Current Year | $162,183 | CurrentYearAmt |
| Total | $668,832 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,003,248 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $202,452 | OtherCostOrOtherBasisAmt |
| Depreciation | $92,996 | DepreciationAmt |
| Book Value | $109,456 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,146,127 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,037,690 | DepreciationAmt |
| Book Value | $108,437 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $217,893 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| ACCRUED NON-QUALIFIED PENSION LIABILITY | $927,487 |
| ACCRUED DEFINED BENEFIT PLAN PENSION LIABILITY | $5,326,425 |
| DEFERRED RENT | $472,023 |
| DUE TO AFFILIATES | $7,475 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $6,733,410 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $11,280,959 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $67,294 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $67,294 | RevenueNotReportedAmt |
| Revenue Subtotal | $11,213,665 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $3,900 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $3,900 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $11,217,565 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $9,971,741 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $9,971,741 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $3,900 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $3,900 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $9,975,641 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION, AMONG OTHERS. THERE ARE NO UNCERTAIN TAX POSITIONS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018. THE ORGANIZATION FILES FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, WITH THE INTERNAL REVENUE SERVICE ANNUALLY. AT DECEMBER 31, 2019, THE ORGANIZATION'S FORM 990 FOR THE YEARS ENDED 2016 THROUGH 2019 REMAIN ELIGIBLE FOR EXAMINATION BY THE IRS. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| HORSES HEALING HEARTS | |||||||
| 2300 HIGH RIDGE ROAD SUITE 365 | BOYNTON BEACH | FL | 33426 | 271386140 | 501(C)(3) | $25,000 | OPERATING SUPPORT |
| GREATER SALT LAKE DEVELOPMENT CORP | |||||||
| 1 BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 463784495 | 501(C)(3) | $104,000 | OPERATING SUPPORT |
| NDC COMMUNITY IMPACT LOAN FUND | |||||||
| 1 BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 133678913 | 501(C)(3) | $340,000 | OPERATING SUPPORT |
| NDC SUPPORT I INC | |||||||
| 1 BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 134156877 | 501(C)(3) | $51,756 | OPERATING SUPPORT |
| CITY GARDEN MONTESSORI | |||||||
| 1618 TOWER GROVE AVENUE | ST LOUIS | MO | 63110 | 850292161 | 501(C)(3) | $25,000 | OPERATING SUPPORT |
| LA CASA INC | |||||||
| 800 S WALNUT STREET | LAS CRUCES | NM | 88001 | 431671014 | 501(C)(3) | $10,000 | OPERATING SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 6 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION MONITORS THE USE OF GRANT FUNDS BY REQUIRING THE GRANTEE TO PROVIDE PERIODIC REPORTS THAT DESCRIBE THE USE OF THE GRANT FUNDS. THE ORGANIZATION ALSO SHARES BOARD MEMBERS WHO CAN MONITOR THE USE OF FUNDS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | 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 (9 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 MARSH III | ||||||||||||||
| PRESIDENT & CEO | $298,900 | $0 | $0 | $0 | $6,096 | $0 | $62,297 | $0 | $35,385 | $0 | $402,678 | $0 | $0 | $0 |
| GERTRUDE SCRIVEN | ||||||||||||||
| TREASURER | $178,596 | $0 | $0 | $0 | $2,287 | $0 | $25,651 | $0 | $19,785 | $0 | $226,319 | $0 | $0 | $0 |
| ADAM ENNIS | ||||||||||||||
| CFO | $181,817 | $0 | $0 | $0 | $243 | $0 | $14,549 | $0 | $44,871 | $0 | $241,480 | $0 | $0 | $0 |
| ANN VOGT | ||||||||||||||
| PRODUCT MANAGER | $298,777 | $0 | $0 | $0 | $3,564 | $0 | $36,971 | $0 | $21,981 | $0 | $361,293 | $0 | $0 | $0 |
| ANGELA BUTLER | ||||||||||||||
| PRODUCT MANAGER | $176,592 | $0 | $0 | $0 | $690 | $0 | $21,923 | $0 | $52,092 | $0 | $251,297 | $0 | $0 | $0 |
| CHARLEY DEPEW | ||||||||||||||
| SENIOR DIRECTOR | $182,983 | $0 | $0 | $0 | $2,059 | $0 | $22,569 | $0 | $47,444 | $0 | $255,055 | $0 | $0 | $0 |
| JOHN PALYO | ||||||||||||||
| PRODUCT MANAGER | $214,682 | $0 | $0 | $0 | $1,021 | $0 | $23,004 | $0 | $39,833 | $0 | $278,540 | $0 | $0 | $0 |
| KEVIN GREMSE | ||||||||||||||
| REGIONAL MANAGER | $187,592 | $0 | $0 | $0 | $828 | $0 | $19,256 | $0 | $46,334 | $0 | $254,010 | $0 | $0 | $0 |
| STEPHANIE DUGAN | ||||||||||||||
| PRODUCT MANAGER | $187,852 | $0 | $0 | $0 | $2,138 | $0 | $24,348 | $0 | $33,096 | $0 | $247,434 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4B | FormAndLineReferenceDesc |
| Explanation | THE FOLLOWING INDIVIDUALS PARTICIPATE IN A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN, NO CONTRIBUTIONS WERE MADE DURING THE YEAR. - DANIEL MARSH III - GERTRUDE SCRIVEN | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 4A CONTINUATION: | - NDC'S TWO CDFI'S THE GROW AMERICA FUND AND NDC COMMUNITY IMPACT LOAN FUND OPERATE IN FIVE OF THE TEN MOST DISTRESSED CITIES IN AMERICA. CLEVELAND, BUFFALO, NEWARK, CINCINNATI, AND SAN BERNARDINO HAVE DISTRESS RATINGS FROM 93.6 TO 99.9 OUT OF 100 ACCORDING TO THE ECONOMIC INNOVATION GROUP DISTRESSED COMMUNITY INDEX. BUSINESSES FINANCED BY NDC HAVE CREATED OVER 16,400 JOBS AND APPROXIMATELY 11,700 OF THOSE JOBS ARE CONSIDERED FILLED BY LOW AND MODERATE-INCOME PERSONS. - THE US SMALL BUSINESS ADMINISTRATION HAS ACKNOWLEDGED GAF AS A MISSION-BASED LENDER CARRYING OUT OUR MISSION TO MAKE CREDIT AVAILABLE TO DISADVANTAGED BUSINESSES AND HELPING THOSE BUSINESSES TO SUCCEED THROUGH OUR TECHNICAL ASSISTANCE. GAF IS ALSO AN SBA PREFERRED LENDER. - IN FURTHERANCE OF NDC'S AND GAF'S MISSION, JPMORGAN CHASE AWARDED NDC'S SMALL BUSINESS LENDING UNIT TWO GRANTS TOTALING $8.3 MILLION TO MAKE SMALL BUSINESS LOANS IN DISTRESSED AND UNDERSERVED COMMUNITIES ACROSS THE COUNTRY. WORKING WITH LOCAL CDFIS, CDE'S AND CDCS, NDC PROVIDES TECHNICAL ASSISTANCE AND FINANCE TRAINING AND USES NDC'S GROW AMERICA FUND TO MAKE LOANS TO SMALL BUSINESSES WHO INVEST IN THEIR COMMUNITIES AND CREATE JOBS. THE $33 MILLION IN FINANCING EXTENDED THROUGH THE CHASE PROGRAM HAS PROVIDED APPROPRIATELY PRICED CAPITAL TO OVER 41 SMALL BUSINESSES WHO HAVE CREATED OR RETAINED OVER 1,500 JOBS. IN ADDITION TO THE CHASE FUNDING, NDC HAS RECEIVED GRANTS AND PRIS FROM MORGAN STANLEY, DISCOVER BANK, THE FORD FOUNDATION, THE CLEVELAND COMMUNITY FOUNDATION, THE BURTON D. MORGAN FOUNDATION, THE LONGWOOD FOUNDATION, TACOMA COMMUNITY FOUNDATION, THE SEATTLE FOUNDATION AND THE CDFI FUND TO SUPPORT SMALL BUSINESS LENDING IN DISTRESSED COMMUNITIES. - GAF HAS RECEIVED OVER $8 MILLION IN GRANTS FROM THE CDFI FUND IN RECOGNITION OF CARRYING OUT ITS MISSION. IN 2018 WE RECEIVED A $600 THOUSAND GRANT FROM THE CDFI FA PROGRAM. - IN 2015, AND 2017 THE UNITED STATES DEPARTMENT OF COMMERCE, ECONOMIC DEVELOPMENT ADMINISTRATION (EDA) MADE TWO CREDIT FACILITIES TOTALING $1.6 MILLION AVAILABLE AT A 0% RATE OF INTEREST TO MAKE LOANS TO DISADVANTAGED BUSINESSES IN DISTRESSED COMMUNITIES IN WASHINGTON STATE. IN 2016, NDC MADE ITS FIRST LOAN IN THE PROGRAM AND IS CONTINUING TO LEND UNDER THAT PROGRAM. IN 2019 NDC EXPANDED ITS LENDING UNDER THE PROGRAM AND IS LOOKING TO EXPAND EDA LENDING IN 2020. NDC IS CURRENTLY NEGOTIATING WITH EDA TO ACQUIRE FUNDS TO EXPAND THE LENDING FOOTPRINT FROM WASHINGTON TO NORTHER CALIFORNIA. - NDC THROUGH ITS CDFI, NDC COMMUNITY IMPACT LOAN FUND HAS COMPLETED ITS LENDING PARTNERSHIP WITH THE NATIONAL URBAN LEAGUE, THE URBAN EMPOWERMENT FUND AND LOCAL URBAN LEAGUE CHAPTERS WHICH MADE LOANS AVAILABLE TO AFRICAN-AMERICAN BORROWERS IN SELECTED URBAN MARKETS ACROSS THE UNITED STATES. IN 2019, THE GREATER CLEVELAND CAPITAL ACCESS FUND EXPENDED ALL ITS CAPITAL AND IS NOW RECYCLING THE REPAID PRINCIPAL TO MAKE LOANS UNDER SIMILAR TERMS TO OTHER QUALIFIED BUSINESSES IN THE GREATER CLEVELAND MARKET. NDC CILF IS UNDERTAKING THIS LENDING INITIATIVE WITHOUT DIRECT SUPPORT OF THE URBAN LEAGUE BUT WITH RECYCLED FUNDS AND ADMINISTRATIVE FUNDING FROM THE KELLOGG FOUNDATION. IN BROWARD COUNTY FLORIDA, NDC CILF HAS MET ITS LENDING GOALS AND HAS ACQUIRED $500,000 IN REVOLVING LOAN CAPITAL THROUGH A GRANT FROM BROWARD COUNTY WHICH IT WILL LEND TO QUALIFIED MINORITY BUSINESSES LOCATED IN THE COUNTY. EXAMPLES OF THE LOANS MADE INCLUDE: - TAYLOR TOTS, A DAY CARE PROVIDER IN BROWARD COUNTY, FLORIDA - MOBITES, A GOURMET MOBILE FOOD TRUCK IN CLEVELAND, OHIO - SOUTHERN CUSTOM IRON ART, A METAL FABRICATOR IN BROWARD COUNTY, FLORIDA IN 2019, GAF MADE 28 LOANS TOTALING $11,737,200. THE FOLLOWING ARE 2019 EXAMPLES OF BUSINESSES NDC'S SBA 7A SMALL BUSINESS LOAN PROGRAM HAS ASSISTED: MIDDLE BAR: MIDDLE BAR IS A BOUTIQUE BEVERAGE COMPANY WITH A LINE OF CRAFT COCKTAIL MIXERS AND ACCOUTREMENTS FOR THE HOME AND PROFESSIONAL MIXOLOGIST'S. THE COMPANY IS IN ENGLEWOOD, CALIFORNIA. GAF PROVIDED A $150,000 LOAN WHICH THE COMPANY WILL USE FOR PERMANENT WORKING CAPITAL. COUNTERMEASURES: AN AFRICAN AMERICAN OWNED SECURITY COMPANY LOCATED IN NEW CASTLE, DELAWARE. THE BUSINESS HAS BEEN OPERATING SINCE 2014 BUT HAS NEVER BEEN ABLE TO SECURE THE RIGHT CAPITAL WHICH WOULD ALLOW THEM TO GROW. GAF PROVIDED A $300,000 LOAN TO REFINANCE HIGH COST DEBT SAVING THE COMPANY MORE THAN $36,000 IN DEBT SERVICE PER YEAR. CUSTOM PC COMPUTERS: A COMPANY STARTED IN 2002 TO PROVIDE COMPUTER REPAIRS AND NETWORK SERVICES IN THE CITY OF CINCINNATI. THE COMPANY HAS EXPANDED TO PROVIDE SURVEILLANCE CAMERAS AND SYSTEMS IN ADDITION TO THEIR REPAIR BUSINESS. GAF PROVIDED A $105,000 LOAN TO REFINANCE HIGH COST FINTECH DEBT THEREBY SAVING THE COMPANY OVER $6,000 A YEAR IN DEBT SERVICE THAT THE COMPANY COULD THEN USE TO EXPAND THEIR GROWING BUSINESS. RJ'S DEMOLITION AND DISPOSAL (RJ'S) WAS STARTED IN 1999 AS A LICENSED DEMOLITION CONTRACTOR. SOLEMATE: IS A RETAIL BUSINESS THAT FOCUSES ON THE SALE OF SPECIALTY JEANS AND HIGH- END SNEAKERS. THE BUSINESS IS IN BROOKLYN, NY AND AT THE TIME OF THE LOAN HAD BEEN IN BUSINESS FOR THREE YEARS. THE OWNER HAD BEEN UNABLE TO FIND SUITABLY PRICED LOAN CAPITAL AND CAME TO GAF IN A FINAL EFFORT TO FUND HIS EXPANDING COMPANY. PORTABLE CHEF: IS A MEAL PREPARATION AND DELIVERY SERVICE LOCATED IN NEW YORK CITY. THE COMPANY HAS BEEN IN OPERATION FOR OVER FIVE YEARS AND PROVIDES HIGHLY NUTRITIOUS, CUSTOM PREPARED MEALS TAILORED TO A CLIENT'S SPECIFICATIONS. THIS IS AN ESPECIALLY USEFUL SERVICE FOR CLIENTS ON A DIET OR THOSE WITH SPECIFIC DIETARY RESTRICTIONS. THE COMPANY PREPARES MEALS AND MAKES DELIVERIES THROUGHOUT NEW YORK CITY'S FIVE BOROUGHS. WIREBIRDS: FORMED IN 2011, WIREBIRDS LLC IS AN ONLINE AUCTION PLATFORM FOR COMMERCIAL PRINTERS, BOOKBINDERS AND OTHER RELATED TRADES WHO WISH TO DISPOSE OF OR ACQUIRE EQUIPMENT FOR THEIR OPERATIONS. GAF PROVIDED A LOAN OF $610,000 TO PURCHASE A BUILDING TO HOUSE ITS BUSINESS. VIRTAIR: ESTABLISHED IN 2014 AND PROVIDES HOSPITALS AND OTHER MEDICAL CLINICS WITH THE TIMELY DELIVERY OF OXYGEN, OXYGEN TANKS AND SUPPLY TO NEW YORK CITY METROPOLITAN HOSPITALS. CLINICS AND NURSING HOMES. |
| FORM 990, PART III, LINE 4B CONTINUATION: | THROUGH THESE SERVICES, NDC ACHIEVED FINANCING FOR PROJECTS AND PROGRAMS, WITH GOVERNMENT AND PRIVATE SECTOR FUNDS, MORE THAN $2 BILLION. IN 2019, NDC ADDED THE FOLLOWING NEW TECHNICAL ASSISTANCE CLIENTS: - ANNA JULIO EPISCOPAL SCHOOL, RICHMOND, VA - BUILD FUND LCC, INDIANAPOLIS, IN - CITY OF HARTFORD, CT - ISLIP IDA, ISLIP, NY - LEXINGTON MARKET, BALTIMORE, MD - MONTEFIORE HOSPITAL, NYACK, NY - VILLAGE OF MOUNT KISKO, NY - TOWN OF MONROE, NY - UNIVERSITY FOR THE VIRGIN ISLANDS, RESEARCH AND DEVELOPMENT, USVI - WILMINGTON ALLIANCE, WILMINGTON, DE NDC SOCIAL INFRASTRUCTURE: STATE OF WASHINGTON DATA PROCESSING CENTER (FYI)- OLYMPIA, WA IN 2008, HEDC THROUGH A SPECIAL PURPOSE ENTITY FINANCED AND BUILT A FACILITY FOR THE STATE OF WASHINGTON THAT HOUSES ADMINISTRATIVE OFFICES AND THE STATES DATA PROCESSING CENTER. THE PROJECT CONSISTED OF TWO BUILDINGS THAT ARE OCCUPIED BY STATE AGENCIES. BUILDING ONE IS A FIVE-STORY 202,000 SQUARE FOOT OFFICE BUILDING THAT HOUSES VARIOUS STATE OFFICES AND THE BUILDING TWO IS A TWO STORY 167,000 SQUARE FOOT FACILITY THAT HOUSES THE STATE'S DEPARTMENT OF INFORMATION SERVICES. THE TOTAL COST OF THE PROJECT WAS $376,000,000 AND WAS FINANCED WITH 82-26 TAX EXEMPT BONDS. IN 2019, HEDC REFUNDED THE BONDS TO LOWER THE INTEREST RATE AND THEREBY SIGNIFICANTLY REDUCED THE RENT PAID TO FYI BY THE STATE OF WASHINGTON. COMMUNITY DEVELOPMENT PROPERTIES SCRANTON- SCRANTON, PA IN 2016 HEDC WORKING WITH THE CITY OF SCRANTON SUCCESSFULLY NEGOTIATED A LONG-TERM CONCESSION/LEASE FOR THE CITY OF SCRANTON PARKING SYSTEM, WHICH INCLUDED: 1) FIVE PARKING GARAGES CONTAINING 2,659 SPACES AND APPROXIMATELY 36,000 SF OF RETAIL; 2) 1,479 METERED PARKING SPACES; AND 3) 550 PUBLICLY-LEASED PARKING SPACES. HEDC ASSUMED RESPONSIBILITY FOR THE LEASE, OPERATION, MAINTENANCE AND CAPITAL REPAIR OF THE ENTIRETY OF THE PUBLIC PARKING SYSTEM FOR FORTY YEARS THROUGH ONE OF ITS' SUBSIDIARY CORPORATIONS CDP SCRANTON (CDPS). THE CONSIDERATION AMOUNT GENERATED BY A CONCESSIONAIRE/LEASE AGREEMENT WAS USED BY THE CITY, IN COMBINATION WITH PROCEEDS FROM A GENERAL OBLIGATION ISSUANCE, REDEEM ALL OUTSTANDING DEBT ASSOCIATED WITH THE PARKING AUTHORITY. THIS ALLOWED THE CITY TO BE FREE OF THE ON-GOING LIABILITY AND HAS FREED UP MUNICIPAL REVENUES FOR OTHER CRITICAL NEEDS AND OBLIGATIONS. IN 2017 CDPS CONTINUED ITS WORK WITH THE CITY TO UPGRADE THE GARAGES WITH ENHANCED LIGHTING AND TO IDENTIFY A NEW ON STREET PARKING SYSTEM. IN 2018, CDPS STABILIZED THE FORMERLY BANKRUPT PARKING SYSTEM WHICH IS NOW OPERATING AT A 1.4:1 DEBT COVERAGE RATIO. ADDITIONALLY, CDPS CONTRACTED WITH A FIRM TO DESIGN A NEW AUTOMATED ON-STREET REVENUE COLLECTION SYSTEM THAT WHEN INSTALLED, WILL IMPROVE REVENUE COLLECTION, OPERATING EFFICIENCY, AND THE OVERALL CUSTOMER PARKING EXPERIENCE. THE NEW ON-STREET REVENUE CONTROL SYSTEM WAS INSTALLED IN 2019. IN ADDITION, THE CONTRACTS FOR GARAGE RECONSTRUCTION WERE LET AND WORK COMMENCED ON THE DEMOLITION AND IMPROVEMENT OF SELECTED GARAGES. THESE EFFORTS WILL PROVE TO FURTHER THE CITY'S PLAN TO CONTINUE THE REVITALIZATION OF DOWNTOWN SCRANTON. NDC SMALL BUSINESS LENDING: NDC COMMUNITY IMPACT LOAN FUND (MCI) CLEVELAND, OH AND BROWARD COUNTY, FL THE CAPITAL ACCESS FUND (CAF), RENAMED NDC MULTI-CULTURAL INVESTMENT, IS AN OUTGROWTH OF A FORMER STRATEGIC ALLIANCE BETWEEN NDC CILF, THE NATIONAL URBAN LEAGUE, LOCAL URBAN LEAGUE CHAPTERS AND MORGAN STANLEY TO CREATE ACCESS TO CAPITAL FOR MINORITY COMMUNITIES WHO FACE BARRIERS TO ECONOMIC OPPORTUNITY AND PARTICIPATION IN THE AMERICAN ECONOMY. BUILT UPON A BASE OF FLEXIBLE PATIENT CAPITAL WITH AFFORDABLE INTEREST RATES AND SOUND TECHNICAL ASSISTANCE AND BUSINESS SUPPORT SERVICES, MCI NURTURES MINORITY BUSINESSES INTO SUCCESSFUL BUSINESSES. MANY STUDIES HAVE DOCUMENTED THAT MINORITY OWNED SMALL BUSINESSES EXPERIENCE HIGHER LOAN DENIAL RATES AND PAY HIGHER INTEREST RATES THAN WHITE-OWNED BUSINESSES EVEN AFTER CONTROLLING FOR DIFFERENCES IN CREDITWORTHINESS. BECAUSE OF THESE DENIAL RATES, MINORITY OWNED BUSINESS MUST RELY MORE UPON OWNER'S EQUITY AND LESS ON BANK DEBT. YET, THESE MINORITY BUSINESSES HAVE LESS EQUITY BECAUSE THEIR WEALTH BASE IS SMALLER. AS A RESULT, MINORITY SMALL BUSINESSES LAUNCH WITH LESS TOTAL CAPITALIZATION THAN CONVENTIONAL BUSINESSES. WITH INADEQUATE CAPITALIZATION, THESE BUSINESSES SUFFER A HIGHER FAILURE RATE THAN WHITE-OWNED BUSINESSES. CILF, HEDC'S CERTIFIED NATIONAL CDFI HAS PROVIDED OVER 30 LOANS TOTALING MORE THAN $3,200,000 TO MINORITY SMALL BUSINESS ENTREPRENEURS AS PART OF THE FORMER CAPITAL ACCESS FUND OF GREATER CLEVELAND (CAFGC) AND CAPITAL ACCESS FUND OF FLORIDA (CAFFL). IN 2019, NDCCILF INCORPORATED THE MISSION OF PROVIDING ACCESS TO CAPITAL TO MINORITY AND WOMEN ENTREPRENEURS INTO ITS COMPLETE SUITE OF PROGRAMS. CILF IS CURRENTLY RAISING CAPITAL FOR MINORITY LENDING WHICH IT ANTICIPATES DEPLOYING IN 2020. IN 2019, CILF RECEIVED A $3 MILLION EQ2 INVESTMENT FROM DISCOVER BANK THAT IT IN TURN LOANED TO THE DELAWARE INNOVATION SPACE, A SCIENCE AND TECHNOLOGY INCUBATOR DEVELOPED IN PARTNERSHIP WITH DUPONT AND THE UNIVERSITY OF DELAWARE. THE BUILDING WAS DONATED TO THE DE NOVO NONPROFIT FOR THIS VENTURE BY DUPONT AND IS LOCATED ON THE GROUNDS OF THEIR EXPERIMENTAL STATION IN WILMINGTON, DELAWARE. THE LOAN PROVIDED BY CILF WILL BE USED TO PROVIDE LOW-COST, PATIENT FUNDING TO EARLY STAGE COMPANIES LOOKING TO UTILIZE STATE OF THE ART LAB FACILITIES TO INCUBATE THEIR PRODUCT OR PROCESS. REPAID PRINCIPAL WILL BE DEPLOYED TO FUND ADDITIONAL SMALL BUSINESS AND NONPROFIT BORROWERS THAT MEET DISCOVERS CRA NEEDS IN THE STATE OF DELAWARE. ALSO, IN 2019, CILF CAPITALIZED AN AFFORDABLE HOUSING PREDEVELOPMENT LOAN FUND THAT IT LENDS TO QUALIFIED LIHTC DEVELOPERS TO WHO NEED FUNDS TO PAY FOR SOFT COST ASSOCIATED WITH ASSEMBLING A LIHTC APPLICATION TO OBTAIN CREDITS. THE CAPITAL ACCESS FUND (CAF), RENAMED NDC MULTI-CULTURAL LENDING, IS A STRATEGIC ALLIANCE OF NDC CILF, THE NATIONAL URBAN LEAGUE AND LOCAL URBAN LEAGUE CHAPTERS TO CREATE ACCESS TO CAPITAL FOR MINORITY COMMUNITIES WHO FACE BARRIERS TO ECONOMIC OPPORTUNITY AND PARTICIPATION IN THE AMERICAN ECONOMY. BUILT UPON A BASE OF FLEXIBLE PATIENT CAPITAL WITH AFFORDABLE INTEREST RATES AND SOUND TECHNICAL ASSISTANCE AND BUSINESS SUPPORT SERVICES, MCL NURTURES MINORITY BUSINESSES INTO SUCCESSFUL BUSINESSES. MANY STUDIES HAVE DOCUMENTED THAT MINORITY OWNED SMALL BUSINESSES EXPERIENCE HIGHER LOAN DENIAL RATES AND PAY HIGHER INTEREST RATES THAN WHITE-OWNED BUSINESSES EVEN AFTER CONTROLLING FOR DIFFERENCES IN CREDITWORTHINESS. BECAUSE OF THESE DENIAL RATES, MINORITY OWNED BUSINESS MUST RELY MORE UPON OWNER'S EQUITY AND LESS ON BANK DEBT. YET, THESE MINORITY BUSINESSES HAVE LESS EQUITY BECAUSE THEIR WEALTH BASE IS SMALLER. AS A RESULT, MINORITY SMALL BUSINESSES LAUNCH WITH LESS TOTAL CAPITALIZATION THAN CONVENTIONAL BUSINESSES. WITH INADEQUATE CAPITALIZATION, THESE BUSINESSES SUFFER A HIGHER FAILURE RATE THAN WHITE-OWNED BUSINESSES. NDC IS CONTINUING ITS WORK WITH SALT LAKE, SALT LAKE COUNTY AND WITH A DIVERSE GROUP OF STAKEHOLDERS IN SALT LAKE'S LOW INCOME COMMUNITIES, ZION AND SYNCHRONY BANKS AND FOUNDATIONS INCLUDING AMERICAN EXPRESS, THE UTAH FOUNDATION, NEIGHBORWORKS, AND MORGAN STANLEY TO CREATE A LOCALLY FOCUSED COMMUNITY DEVELOPMENT CORPORATION WHOSE MISSION IS TO CREATE ECONOMIC OPPORTUNITY FOR LOW INCOME RESIDENTS BY STIMULATING INVESTMENT AND CREATING JOBS FOR THE UNEMPLOYED. NDC HAS BEEN PROVIDING TECHNICAL ASSISTANCE, TRAINING AND CAPACITY BUILDING SERVICES, MAKING SMALL BUSINESS LOANS THROUGH OUR GROW AMERICA FUND AND GREATER SALT LAKE DEVELOPMENT CORPORATION STRUCTURING AFFORDABLE HOUSING PROJECTS, AND OFFERING DEVELOPMENT SERVICES. THROUGH A CONTINUING PARTNERSHIP WITH NATIONAL COALITIONS LIKE THE NEW MARKETS TAX CREDIT COALITION, OFN, THE CDFI COALITION, THE NATIONAL RURAL HOUSING COALITION, NACEDA AND OTHERS, NDC CAN IDENTIFY AND PROVIDE TRAINING AND TECHNICAL ASSISTANCE TO LOW-INCOME COMMUNITIES ENGAGED IN THE CREATION OF JOBS, AFFORDABLE HOUSING AND PUBLIC INFRASTRUCTURE. HEDC WORKS WITH NONPROFIT ORGANIZATIONS AND SERVICE PROVIDERS AND UNITS OF LOCAL GOVERNMENT TO STIMULATE ECONOMIC DEVELOPMENT IN THE ECONOMICALLY DEPRESSED NEIGHBORHOODS ACROSS THE NATION. WORKING THROUGH THE NEW MARKETS TAX CREDIT PROGRAM AND WITH OTHER FINANCING, HEDC CREATES EMPLOYMENT AND ENTREPRENEURIAL OPPORTUNITIES FOR DISADVANTAGED GROUPS AND INDIVIDUALS, COMBATS COMMUNITY DETERIORATION, AND ELIMINATES SLUM AND BLIGHT THROUGH NEW INVESTMENT IN LOW INCOME COMMUNITIES TO REHABILITATE AND REVITALIZE NEIGHBORHOODS. UNDER THE NEW MARKETS TAX CREDIT (NMTC) PROGRAM, HEDC HAS SPONSORED 94 PROJECTS TOTALING OVER $1.7 BILLION OF NEW INVESTMENT, CREATED OVER 9,000 PERMANENT JOBS FOR DISADVANTAGED INDIVIDUALS, AND BROUGHT BADLY NEEDED GOODS AND SERVICES TO LOW INCOME COMMUNITIES ACROSS AMERICA. |
| FORM 990, PART III, LINE 4B CONTINUATION: | IN 2018, HEDC RECEIVED A $50 MILLION ALLOCATION OF NEW MARKETS TAX CREDITS AND AIDED THE FOLLOWING PROJECTS IN 2019: PM FOUNDATION DBA URBAN COMMUNITY SCHOOL CLEVELAND, OH IN 2019, HEDC INVESTED $5 MILLION IN NEW MARKET TAX CREDIT QEI ALONG WITH $9 MILLION FROM PARTICIPATING CDE'S TO PARTIALLY FUND THE ADDITION TO THE URBAN COMMUNITY SCHOOL, A PRIVATE K THROUGH 8 SCHOOL LOCATED IN A LOW-INCOME NEIGHBORHOOD IN CLEVELAND'S NEAR WEST SIDE. THE SCHOOL SERVES 580 STUDENTS, 75% OF WHICH COME FROM FAMILIES WHOSE INCOMES ARE BELOW THE FEDERAL POVERTY LINE. THE ADDITION CONTAINS 35,535 SQUARE FEET FOR CLASSROOMS, OFFICES AND A MEDICAL CLINIC OPERATED BY METRO HEALTH AND EXPERIENCES 84,000 PATIENT VISITS A YEAR. ADDITIONALLY, THE CLEVELAND FOOD BANK WILL OCCUPY 115 SQUARE FEET FOR A FOOD ANNEX AND RECREATION AND STUDENT MENTORING WILL BE ADDED IN 10,000 SQUARE FEET THROUGH A PARTNERSHIP WITH URBAN SQUASH. THE TOTAL PROJECT COST WAS $17,139,949. ROCKY BOY HEALTH CENTER BOX ELDER, MT THE CHIPPEWA CREE TRIBE'S SOVEREIGN LAND IN BOX ELDER, SITUATED IN A REMOTE AREA OF THE STATE OF MONTANA. THE TRIBE'S NEED FOR MEDICAL SERVICES HAS GROW OVER THE YEARS AND THEIR CAPACITY TO PROVIDE QUALITY MEDICAL SERVICES TO ITS MEMBERS WAS HAMPERED BY THE LIMITATIONS EXTANT IN THEIR 43,000 SQUARE FOOT OUTDATED AND CLINICALLY SUBSTANDARD FACILITY. WITH THE HELP OF THE FEDERAL GOVERNMENT AND INDIAN HEALTH SERVICES, THEY DEVELOPED A PLAN TO BUILD, EQUIP AND STAFF A NEW 93,000 SQUARE FOOT STATE OF THE ART MEDICAL FACILITY THAT WILL PROVIDE SERVICES CURRENTLY ONLY AVAILABLE BY A FOUR- HOUR CAR RIDE. THE NEW FACILITY WILL SERVE OVER 1,200 MEMBERS OF THE TRIBE AND THE INFRASTRUCTURE FINANCED THROUGH THIS PROJECT WILL PROVIDE POTABLE WATER TO 300 LOW-INCOME HOMES LOCATED WITHIN THE MIDDLE DRY FORK DEVELOPMENT ZONE. HEDC PROVIDED $7.9 MILLION IN NMTC QEI FOR THIS $44.7 MILLION PROJECT. EDUCATION IN SUPPORT OF COMMUNITY REVITALIZATION, NDC CLASSROOM TRAINING: - IN 2019, NDC TRAINING DELIVERED A TOTAL OF 344 DAYS OF TRAINING TO OVER 2,900 STUDENTS DRAWN FROM NONPROFIT COMMUNITY DEVELOPMENT CORPORATIONS, COMMUNITY DEVELOPMENT FINANCE INSTITUTIONS, FEDERAL, STATE AND LOCAL GOVERNMENT, COMMUNITY FOUNDATIONS AND OTHER ORGANIZATIONS WORKING IN ECONOMIC, HOUSING AND COMMUNITY DEVELOPMENT. IN ADDITION TO NDC'S NATIONALLY RECOGNIZED CERTIFICATION TRAINING FOR HOUSING AND ECONOMIC DEVELOPMENT FINANCE PROFESSIONALS, NEW COURSES WERE DEVELOPED ON BEHALF OF THE USDA TO ENHANCE STAFF UNDERWRITING SKILLS FOR CRITICAL RURAL SMALL BUSINESS LENDING, COMMUNITY FACILITIES, INCLUDING HOSPITALS AND PUBLIC SAFETY BUILDINGS. IN ADDITION, NDC DEVELOPED A TRAINING PROGRAM FOR USDA TO TEACH UNDERWRITING AND PROJECT STRUCTURING SKILLS NECESSARY WHEN COMBINING A B&I LOAN GUARANTEE WITH NEW MARKETS TAX CREDITS. THIS COURSE WAS TAUGHT IN BOTH A CLASSROOM SETTING AND VIA WEBINAR. IN 2019, NDC WORKING AGAIN WITH THE CONNECTICUT HOUSING FINANCE AUTHORITY AND THE CONNECTICUT HOUSING AGENCY EXPANDED THE CONNECTICUT HOUSING ACADEMY TO SUPPORT THE SKILLS OF NONPROFITS WORKING TO CREATE AND PRESERVE AFFORDABLE HOUSING IN THE STATE. THE ACADEMY PROVIDES TRAINING AND TECHNICAL ASSISTANCE IN THE CREATION AND PRESERVATION OF AFFORDABLE RENTAL HOUSING TO HOUSING AUTHORITIES, NONPROFIT OWNERS, AND DEVELOPERS OF AFFORDABLE HOUSING IN THE STATE. - IN 2019, NDC RAISED CAPITAL FROM SEVERAL FOUNDATION SOURCES TO FUND THE ON-LINING OF OUR ECONOMIC DEVELOPMENT TRAINING. WE ARE STARTING WITH ED101, MOVED FORWARD WITH ED 201AND STARTED DESIGNING HD 420 AND ED 202 AND WILL EVENTUALLY OFFER BOTH OUR ECONOMIC DEVELOPMENT AND HOUSING FINANCE CERTIFICATION SERIES ON-LINE. |
| FORM 990, PART III, LINE 4C CONTINUATION: | WORKING WITH THE NATIONAL RURAL HOUSING COALITION, RURAL LISC, CDFI'S, NEIGHBORHOOD HOUSING CORPORATIONS AND VARIOUS STATE AFFORDABLE HOUSING COALITIONS, NDC PROVIDES CONTINUING TECHNICAL ASSISTANCE, TRAINING, AND FINANCIAL SUPPORT TO RURAL HOUSING ORGANIZATIONS ACROSS THE NATION. HEDC IS A NATIONAL LEADER IN LOW INCOME HOUSING THROUGH BOTH DEVELOPMENT AND INVESTMENT. WORKING IN PARTNERSHIP WITH NONPROFIT ORGANIZATIONS AND SERVICE PROVIDERS AROUND THE NATION, HEDC HAS DEVELOPED, FINANCED, OPERATED, AND/OR MANAGED OVER 11,222 UNITS OF QUALITY, SAFE, ADEQUATE, AND AFFORDABLE LOW-INCOME HOUSING TOTALING $1.7 BILLION OF INVESTMENT IN LOW INCOME COMMUNITIES IN MORE THAN 30 STATES. IN 2018, THROUGH OUR LOW-INCOME HOUSING DEVELOPMENT AND INVESTMENT ACTIVITIES, HEDC INVESTED IN 10 PROJECTS CONTAINING 956 UNITS OF QUALITY, SAFE, ADEQUATE, AND AFFORDABLE HOUSING FOR LOW INCOME PERSONS AND FAMILIES, THE ELDERLY, AND PEOPLE WITH SPECIAL NEEDS. INVESTMENT AND DEVELOPMENT ACTIVITIES TOTALED $66 MILLION. THE FOLLOWING ARE REPRESENTATIVE SAMPLES OF HEDC AFFORDABLE HOUSING PROJECTS COMPLETED IN 2018: COURTLAND ARMS NEW BRITAIN, CT NDC CORPORATE EQUITY FUND MADE AN EQUITY INVESTMENT OF $3,436,936 FOR THIS $7,349,352 AFFORDABLE HOUSING RENOVATION PROJECT LOCATED IN NEW BRITAIN, CONNECTICUT. THE PROJECT IS PROVIDING PERMANENT HOUSING FOR 24 FAMILIES/INDIVIDUALS. THE PROJECT WILL CONTAIN 24 ONE BEDROOM UNITS, FOUR WILL BE AVAILABLE TO RENTERS WITH INCOMES BELOW 25% OF AREA MEDIAN INCOME, SEVEN UNITS WILL BE AVAILABLE FOR RENTERS WITH INCOMES BELOW 50% OF AREA MEDIAN INCOME AND THIRTEEN UNITES WILL BE OCCUPIED BY RENTERS WITH INCOMES BELOW 60% OF AREA MEDIAN INCOME. RENTAL ASSISTANT PAYMENTS WILL BE AVAILABLE TO SELECTED RENTERS TO OFFSET RENT LOSS DUE TO OCCUPANTS HAVING INCOMES BELOW THOSE OUTLINED ABOVE. THE DEVELOPER IS CHRYSALIS CENTER REAL ESTATE CORPORATION OF HARTFORD, CONNECTICUT. NORTHERN HOTEL FORT COLLINS - CO NDC CORPORATE EQUITY FUND MADE A $2,266,622 EQUITY INVESTMENT IN A 47-UNIT SENIOR PROJECT DEVELOPED BY MJT PROPERTIES, INC OF ENGLEWOOD, COLORADO. THIS $6,671,600 PROJECT IS A RE-SYNDICATION OF THE ORIGINAL 2000/2001 RENOVATION OF THIS HISTORIC HOTEL AND IS PROVIDING 47-UNITS OF FULLY RENOVATED AFFORDABLE LIVING FOR SENIORS (55+) WHOSE INCOMES RANGE FROM 40% TO 60% OF AREA MEDIAN INCOME FOR THE FORT COLLINS SMSA. RENTS FOR THE 41ONE BEDROOM UNITS IS $595 A MONTH AND THE TWO-BEDROOM UNITS WILL RENT FOR $714 A MONTH. ST. JOSEPH'S COMMONS CLEVELAND, OH ST JOSEPH'S COMMONS APARTMENTS IS A 68-UNIT NEW CONSTRUCTION RENTAL PROPERTY LOCATED IN CLEVELAND, OHIO. THE PROJECT SPONSOR IS FRONT STEPS HOUSING SERVICES A CLEVELAND BASED NONPROFIT ENGAGED IN THE DEVELOPMENT OF AFFORDABLE HOUSING. NDC CORPORATE EQUITY FUND INVESTED $10, 613,464 IN EQUITY INTO THIS $14,041,515 PROJECT. EIGHTEEN OF THE UNITS WILL BE RENTED TO FAMILIES WHOSE INCOMES DO NOT EXCEED 30% OF THE AREA MEDIAN INCOME, TWENTY THREES UNITS TO THOSE WHOSE INCOMES DO NOT EXCEED 50% OF THE AREA MEDIAN INCOME, AND TWENTY SEVEN UNITS TO THOSE WHOSE INCOME DO NOT EXCEED 60% OF THE AREA MEDIAN INCOME. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 WAS PREPARED BY OUTSIDE TAX PREPARERS IN CONSULTATION WITH MANAGEMENT AND AUDITORS. A DRAFT OF THE FULL FORM 990 WAS PROVIDED TO THE ENTIRE BOARD FOR REVIEW. A COMPLETE COPY OF THE FINAL FORM 990 WAS PROVIDED TO THE ORGANIZATION'S ENTIRE BOARD BEFORE IT WAS FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL MEMBERS OF NDC'S BOARD OF DIRECTORS AND EXECUTIVE EMPLOYEES ARE REQUIRED ANNUALLY TO EXECUTE A CONFLICT OF INTEREST POLICY AND COMPENSATION GUIDELINES ACKNOWLEDGEMENT STATING THAT THEY HAVE RECEIVED, READ AND UNDERSTAND, AND AGREE TO COMPLY WITH THE CONFLICT OF INTEREST POLICY AND COMPENSATION GUIDELINES. THE CONFLICT OF INTEREST POLICY AND COMPENSATION GUIDELINES REQUIRES BOARD MEMBERS AND EXECUTIVE EMPLOYEES TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST IMMEDIATELY. UPON DISCLOSURE OF A POTENTIAL CONFLICT OF INTEREST, THE CHAIRPERSON OF THE BOARD WILL APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION. VIOLATIONS OF THE CONFLICT OF INTEREST POLICY CAN RESULT IN APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. ALSO, ALL BOARD MEMBERS, BY EXECUTING THE ANNUAL ACKNOWLEDGEMENT STATEMENT, CONCERNING THE CONFLICT OF INTEREST AND COMPENSATION GUIDELINES, ACKNOWLEDGE THAT NDC SHALL REMAIN FAITHFUL TO ITS CHARITABLE PURPOSES. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE BOARD OF DIRECTORS OF NDC HAS A STANDING COMPENSATION REVIEW COMMITTEE, THE MEMBERS OF WHICH ARE ALL INDEPENDENT DIRECTORS. THE COMMITTEE ENGAGES A THIRD PARTY INDEPENDENT CONSULTANT TO REVIEW THE COMPENSATION OF THE PRESIDENT EVERY TWO YEARS. THE COMMITTEE REVIEWS AND DISCUSSES THE FINDINGS AT A SPECIAL SESSION WITH ALL BOARD MEMBERS PRESENT EXCEPT THE PRESIDENT. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE DOCUMENTS ARE AVAILABLE BY REQUEST. |
| FORM 990, PART IX, LINE 11G | CONSULTING: PROGRAM SERVICE EXPENSES 548,393. MANAGEMENT AND GENERAL EXPENSES 503,111. FUNDRAISING EXPENSES 102,540. TOTAL EXPENSES 1,154,044. |
| FORM 990, PART XI, LINE 9: | CHANGES IN FUNDED STATUS OF QUALIFIED PENSION PLAN -161,016. CHANGES IN FUNDED STATUS OF NON-QUALIFIED PENSION PLAN -1,247,888. OTHER COMPONENTS OF NET PERIODIC BENEFIT COST 10,312. |
| FROM 990, PART XII, LINE 2C: | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| NDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION-GROUP RETURN | ||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 911884698 | ECON DEV/ASSIST GOV/HOUSING | VA | 501(C)(3) | LINE 10 | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC | Yes (1) |
| GROW AMERICA FUND INC | ||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 133641265 | LOANS AT BELOW-MARKET RATES FOR ECONOMIC DEVELOPMENT | DE | 501(C)(3) | LINE 10 | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC | Yes (1) |
| NDC SUPPORT I INC | ||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 134156877 | SUPPORT NDC | NY | 501(C)(3) | LINE 10 | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC | Yes (1) |
| NDC HOUSING & ECONOMIC DEVELOPMENT CORPORATION | ||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 112933129 | ECON DEV/ASSIST GOV/HOUSING | VA | 501(C)(3) | LINE 12A, I | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC | Yes (1) |
| KINGSBOROUGH HOUSING DEVELOPMENT FUND COMPANY INC | ||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 141734500 | HOUSING | NY | 501(C)(3) | LINE 10 | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC | Yes (1) |
| NDC GREEN RENEWABLE ENERGY ENTERPRISE NEXUS | ||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 273820841 | ECONOMIC DEVELOPMENT | NY | 501(C)(3) | LINE 10 | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC | Yes (1) |
| NDC RESOURCES | ||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 460674188 | ECON DEV/HOUSING/ASSIST GOV'T | DC | 501(C)(3) | LINE 12A, I | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT INC | Yes (1) |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (12 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|
| NDC CORPORATE EQUITY FUND III | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 134071776 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND IV | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 134151268 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND V | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 134195127 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND VI | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 050585420 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND VII | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 203273264 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND VIII | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 261481355 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND IX | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 264226439 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND X | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 454281155 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND XI | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 462764258 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND XII | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 473762588 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND XIII | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 813113490 | LOW INCOME HOUSING | NY | N/A |
| NDC CORPORATE EQUITY FUND XV LP | |||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 831506679 | LOW INCOME HOUSING | NY | N/A |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| COMMUNITY DEVELOPMENT GROUP HOLT | |||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 201643188 | HOUSING | NY | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT | C | 1.00000 | Yes (1) | |
| COMMUNITY DEVELOPMENT GROUP ILLINOIS INC | |||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 201644052 | HOUSING | NY | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT | C | 1.00000 | Yes (1) | |
| COMMUNITY DEVELOPMENT GROUP KENTUCKY INC | |||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 133555220 | ECONOMIC DEVELOPMENT | NY | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT | C | 1.00000 | Yes (1) | |
| COMMUNITY DEVELOPMENT GROUP RENEWABLE ENERGY | |||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 262989445 | ECONOMIC DEVELOPMENT | NY | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT | C | 1.00000 | Yes (1) | |
| COMMUNITY DEVELOPMENT GROUP WALLA WALLA INC | |||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 133615889 | ECONOMIC DEVELOPMENT | NY | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT | C | 1.00000 | Yes (1) | |
| HOUSING DEVELOPMENT GROUP III | |||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 203673695 | HOUSING | NY | NATIONAL COUNCIL FOR COMMUNITY DEVELOPMENT | C | 1.00000 | Yes (1) | |
| COMMUNITY DEVELOPMENT INVESTOR BROOKLYN | |||||||||||
| ONE BATTERY PARK PLAZA SUITE 710 | NEW YORK | NY | 10004 | 461534076 | ECONOMIC DEVELOPMENT | NY | C | 0 | N/A | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | 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 | Yes (1) | 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 | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |