STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

COMMUNITY REINVESTMENT FUND INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
COMMUNITY REINVESTMENT FUND INC (EIN 41-1616861)
Tax period
2017-07-01 to 2018-06-30
Filed
2019-03-04
IRS object ID
201940639349301309
Schema version
2017v2.3
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2019-03-04T17:40:45-06:00ReturnTs
Tax Period End2018-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1220 SOUTH SIXTH STREET SUITE 300AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN411616861EIN

Business Name BusinessName

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

US Address USAddress

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

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJENNIFER ANDERSONPersonNm
Person TitlePRESIDENT & CFOPersonTitleTxt
Phone6123383050PhoneNum
Signature2019-02-28SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKAREN GRIESPreparerPersonNm
PTINP00078514PTIN
Phone6123764500PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address67.137.57.251IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-02-28IPDt
IP Tm13:02:36IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id556679616493003E6E17937C0791D09847FC9451AtSubmissionCreationDeviceId
At Submission Filing Device Id37F149D8265E4E19AE85689D43BA006C0C485BA5AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerFRANK ALTMANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1801 NICOLLET MALL 1700WAddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP554022903ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$21,550,757GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.CRFUSA.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1988FormationYr
Legal Domicile StateMNLegalDomicileStateCd
Activity Or MissionTO EMPOWER PEOPLE TO IMPROVE THEIR LIVES AND STRENGTHEN THEIR COMMUNITIES THROUGH INNOVATIVE FINANCIAL SOLUTIONS.ActivityOrMissionDesc
Voting Members Governing Body14VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee81TotalEmployeeCnt
Total Volunteers13TotalVolunteersCnt
Total Gross UBI$112,000TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm-$4,973NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$4,230,605PYContributionsGrantsAmt
CY Contributions Grants$5,181,063CYContributionsGrantsAmt
PY Program Service Revenue$20,459,256PYProgramServiceRevenueAmt
CY Program Service Revenue$16,358,622CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$179,955PYOtherRevenueAmt
CY Other Revenue$11,072CYOtherRevenueAmt
PY Total Revenue$24,869,816PYTotalRevenueAmt
CY Total Revenue$21,550,757CYTotalRevenueAmt
PY Grants And Similar Paid$75,960PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$58,020CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$10,219,842PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$9,308,386CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$1,052,906CYTotalFundraisingExpenseAmt
PY Other Expenses$14,501,971PYOtherExpensesAmt
CY Other Expenses$13,200,704CYOtherExpensesAmt
PY Total Expenses$24,797,773PYTotalExpensesAmt
CY Total Expenses$22,567,110CYTotalExpensesAmt
PY Revenues Less Expenses$72,043PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$1,016,353CYRevenuesLessExpensesAmt
Total Assets BOY$159,193,943TotalAssetsBOYAmt
Total Assets EOY$150,933,655TotalAssetsEOYAmt
Total Liabilities BOY$155,532,611TotalLiabilitiesBOYAmt
Total Liabilities EOY$148,288,676TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,661,332NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,644,979NetAssetsOrFundBalancesEOYAmt
MissionTO EMPOWER PEOPLE TO IMPROVE THEIR LIVES AND STRENGTHEN THEIR COMMUNITIES THROUGH INNOVATIVE FINANCIAL SOLUTIONS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$16,019,715ExpenseAmt
Grant$58,020GrantAmt
Revenue$14,645,345RevenueAmt
DescLENDING - AS A NONPROFIT, MISSION DRIVEN ORGANIZATION, COMMUNITY REINVESTMENT FUND (CRF) PROVIDES OTHERWISE UNAVAILABLE LOAN CAPITAL TO COMMUNITIES, SMALL BUSINESSES, ENTREPRENEURS, NONPROFIT ORGANIZATIONS AND HOUSING ORGANIZATIONS. DURING THE FISCAL YEAR 2018, CRF PROVIDED FINANCING TOTALING $191 MILLION IN 19 STATES. THE LOANS PROVIDED BY CRF RESULTING IN THE CREATION OR RETENTION OF MORE THAN 7,400 JOBS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$2,003,992ExpenseAmt
Grant$0GrantAmt
Revenue$1,601,277RevenueAmt
DescLOAN SERVICING - CRF IS AN ACTIVE FANNIE MAE SERVICER AND IS RATED BY STANDARD AND POOR'S AS AN EXPERIENCED, MISSION-DRIVEN ORGANIZATION. CRF SPECIALIZES IN CUSTOMIZED PROJECTS FOR NON-TRADITIONAL PORTFOLIOS AND ORGANIZATIONS. DURING THE FISCAL YEAR 2018, CRF PROVIDED CONTRACT LOAN SERVICING FOR 56 COMMUNITY DEVELOPMENT LENDERS OF A VOLUME OF APPROXIMATELY 5,800 LOANS AMOUNTING TO $323 MILLION. ADDITIONALLY, WE SERVICED 67 AFFORDABLE HOUSING LOANS FOR $82 MILLION.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$18,023,707TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit CounselingYes (1)CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document56IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee81EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members14GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldALStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldARStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
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States Where Copy Of Return Is FldHIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMEStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNMStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldUTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWVStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldAKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJENNIFER ANDERSONPersonNm
Phone6122249586PhoneNum

US Address USAddress

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

Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
KIMBERLY LATTIMER-NELLIGAN
CHAIR1.00Yes (X)Yes (X)$0$0$0
REZA AGHAMIRZADEH
VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
SALLI MARTYNIAK
SECRETARY1.00Yes (X)Yes (X)$0$0$0
EILEEN FITZGERALD
TREASURER1.00Yes (X)Yes (X)$0$0$0
ALTON BATHRICK
PREVIOUS TREASURER1.00Yes (X)$0$0$0
MICHAEL BANNER
TRUSTEE1.00Yes (X)$0$0$0
JANIE BARRERA
TRUSTEE1.00Yes (X)$0$0$0
TONY BROWN
TRUSTEE1.00Yes (X)$0$0$0
KARL EGGE
TRUSTEE1.00Yes (X)$0$0$0
DON GRAVES
TRUSTEE1.00Yes (X)$0$0$0
CALVIN HOLMES
TRUSTEE1.00Yes (X)$0$0$0
LUTHER RAGIN JR
TRUSTEE1.00Yes (X)$0$0$0
DANIEL SPILLER
TRUSTEE1.00Yes (X)$0$0$0
GERALD THOLE
TRUSTEE1.00Yes (X)$0$0$0
LAURA TRUDEAU
TRUSTEE1.00Yes (X)$0$0$0
FRANK ALTMAN
CEO40.00Yes (X)Yes (X)$596,240$0$21,370
JENNIFER ANDERSON
PRESIDENT AND CFO40.00Yes (X)$395,596$0$25,369
DANIEL KOMAREK
SVP AND CRO40.00Yes (X)$311,154$0$26,463
KEITH RACHEY
SVP AND CHIEF IMPACT OFFICER40.00Yes (X)$319,092$0$23,868
JENNIFER NOVAK
SVP CAPITAL MARKETS40.00Yes (X)$290,123$0$31,263
DAWN JOHNSON
VP AND CPO40.00Yes (X)$264,662$0$18,975
MICHELLE PAGE
VP LOAN SERVICING40.00Yes (X)$228,955$0$20,264
COLLEEN SCHWARZ
VP OF AFFORDABLE HOUSING LENDING40.00$180,123$0$28,386Yes (X)
NICHOLAS ELDERS
VP TECHNOLOGY SOLUTIONS40.00$208,314$0$28,612Yes (X)
ROBERT TREADWAY
SBLC COO40.00$218,085$0$29,428Yes (X)
ERIC CHAPIN
VP OF LEGAL AFFAIRS, COMPLIANCE & AUDIT40.00$202,128$0$28,288Yes (X)
PETER BERNACIAK
DIRECTOR OF STRUCTURED FINANCE40.00$168,661$0$24,158Yes (X)
GARY HOLMQUIST
REGIONAL DIRECTOR OF BUSINESS DEVELOPMENT40.00$199,459$0$30,090Yes (X)
ERIC MAU
PRINCIPAL ARCHITECT40.00$193,650$0$30,028Yes (X)
HYEOK JAE KANG
CONTROLLER OF CAPITAL MARKETS40.00$163,009$0$28,199Yes (X)
JENNIFER ERICSON
REGIONAL DIRECTOR OF BUSINESS DEVELOPMENT40.00$181,589$0$22,152Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$4,120,840TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$416,913TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K34IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
NEXT STREET FINANCIAL
184 DUDLEY STREET SUITE 200ROXBURYMA02119CONSULTING$371,200
THE FINANCIAL SERVICES CONSULTING GROUP
100 SOUTH FIFTH STREET SUITE 1900MINNEAPOLISMN55402CONSULTING$285,691
NOVOGRADAC & COMPANY LLP
PO BOX 7833SAN FRANCISCOCA94120ACCOUNTING$250,586
MARK GAVIN CONSULTING
9006 GOULD ROADEDEN PRARIEMN55347CONSULTING$209,996
CLIFTONLARSONALLEN LLP
220 SOUTH SIXTH STREET SUITE 300MINNEAPOLISMN55402ACCOUNTING$194,298
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K7CntrctRcvdGreaterThan100KCnt
Government Grants$686,500GovernmentGrantsAmt
All Other Contributions$4,494,563AllOtherContributionsAmt
Total Contributions$5,181,063TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
LOAN SERVICING INTEREST INCOME525990$8,793,572$8,793,572
LOAN SERVICING TRANSACTION FEES525990$5,851,773$5,851,773
OTHER LENDING INCOME525990$1,459,877$1,459,877
SPARK SOFTWARE SALES900099$253,400$141,400$112,000
FieldValueIRS element (for citing)
Total Program Service Revenue$16,358,622TotalProgramServiceRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS INCOMEDesc
Business900099BusinessCd
Total Revenue Column$11,072TotalRevenueColumnAmt
Exclusion$11,072ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$11,072OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$21,550,757TotalRevenueColumnAmt
Related Or Exempt Func Income$16,246,622RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$112,000UnrelatedBusinessRevenueAmt
Exclusion$11,072ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$50,100TotalAmt
Program Services$50,100ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$7,920TotalAmt
Program Services$7,920ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$3,534,022TotalAmt
Program Services$2,729,575ProgramServicesAmt
Management And General$534,439ManagementAndGeneralAmt
Fundraising$270,008FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$4,045,112TotalAmt
Program Services$2,339,321ProgramServicesAmt
Management And General$1,286,178ManagementAndGeneralAmt
Fundraising$419,613FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$273,000TotalAmt
Program Services$187,633ProgramServicesAmt
Management And General$62,440ManagementAndGeneralAmt
Fundraising$22,927FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$878,224TotalAmt
Program Services$603,605ProgramServicesAmt
Management And General$200,864ManagementAndGeneralAmt
Fundraising$73,755FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$578,028TotalAmt
Program Services$411,837ProgramServicesAmt
Management And General$133,711ManagementAndGeneralAmt
Fundraising$32,480FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$116,567TotalAmt
Program Services$116,567ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$369,400TotalAmt
Program Services$174,672ProgramServicesAmt
Management And General$194,728ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$452,328TotalAmt
Management And General$452,328ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$81,708TotalAmt
Management And General$81,708ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,022,176TotalAmt
Program Services$1,828,244ProgramServicesAmt
Management And General$162,361ManagementAndGeneralAmt
Fundraising$31,571FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$417,751TotalAmt
Program Services$349,008ProgramServicesAmt
Management And General$52,530ManagementAndGeneralAmt
Fundraising$16,213FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$185,394TotalAmt
Program Services$65,618ProgramServicesAmt
Management And General$119,776ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$560,989TotalAmt
Program Services$400,786ProgramServicesAmt
Management And General$113,692ManagementAndGeneralAmt
Fundraising$46,511FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$313,287TotalAmt
Program Services$175,041ProgramServicesAmt
Management And General$18,633ManagementAndGeneralAmt
Fundraising$119,613FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$7,464,475TotalAmt
Program Services$7,464,475ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$499,723TotalAmt
Program Services$406,522ProgramServicesAmt
Management And General$74,561ManagementAndGeneralAmt
Fundraising$18,640FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
REFERRAL FEES$289,502$289,502
PROVISION FOR LOAN LOSS$149,721$149,721
ALLOWANCE FOR BAD RECEI$110,512$110,512
COMMUNICATION$63,572$59,449$2,548$1,575

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$103,599TotalAmt
Program Services$103,599ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$22,567,110TotalAmt
Program Services$18,023,707ProgramServicesAmt
Management And General$3,490,497ManagementAndGeneralAmt
Fundraising$1,052,906FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$28,016,959BOYAmt
EOY$28,957,244EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$839,042BOYAmt
EOY$928,917EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$683,705BOYAmt
EOY$577,759EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$122,043,471BOYAmt
EOY$111,171,238EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$7,020,311LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$5,841,344LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$714,292BOYAmt
EOY$1,178,967EOYAmt

Intangible Assets IntangibleAssetsGrp

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

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$5,490,278BOYAmt
EOY$6,713,334EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$159,193,943BOYAmt
EOY$150,933,655EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$9,880,053BOYAmt
EOY$9,444,148EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$8,609,779BOYAmt
EOY$12,110,042EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$500,000BOYAmt
EOY$500,000EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$136,542,779BOYAmt
EOY$126,234,486EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$155,532,611BOYAmt
EOY$148,288,676EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$253,921BOYAmt
EOY$270,573EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,407,411BOYAmt
EOY$2,374,406EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,661,332BOYAmt
EOY$2,644,979EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$159,193,943BOYAmt
EOY$150,933,655EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$1,016,353ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

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

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type2Yes (X)SupportingOrgType2Ind
Supported Organizations9SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp (9 entries)

EINEINOrganization TypeOrganizationTypeCdGoverning Document ListedGoverningDocumentListedIndSupportSupportAmtOther SupportOtherSupportAmt
LOW INCOME INVESTMENT FUND
94295257870$0$0
LOS ANGELES LDC INC
953532380100$0$0
FORWARD COMMUNITY INVESTMENTS INC
39181557870$0$0
GREATER METROPOLITAN HOUSING CORPORATION
41096800770$0$0
CHICAGO COMMUNITY LOAN FUND
36376212370$0$0
WAR ON POVERTY - FLORIDA INC
20863126970$0$0
STEWARD OF AFFORDABLE HOUSING FOR THE FUTURE
06169721370$0$0
LIFTFUND INC
74271277070$0$0
INVEST DETROIT FOUNDATION
27192736970$0$0
FieldValueIRS element (for citing)
Supported Organizations Total9SupportedOrganizationsTotalCnt
Support Sum$0SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

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

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, SECTION A, LINE 1ORGANIZATIONS LISTED IN GOVERNING DOCUMENTS CRF IS A NOT-FOR-PROFIT FINANCIAL SERVICES CORPORATION THAT PROVIDES SERVICES AND NEW LOAN CAPITAL FOR COMMUNITY BASED DEVELOPMENT ORGANIZATIONS, INCLUDING 501(C)3 ENTITIES AND GOVERNMENTAL ENTITIES. CRF SUPPORTS A CLASS OF BENEFICIARY ORGANIZATIONS THAT INCLUDE SECTION 501(C)(3) LOCAL ECONOMIC DEVELOPMENT ORGANIZATIONS AND UNITS OF FEDERAL, STATE, COUNTY OR MUNICIPAL GOVERNMENT, OR DULY CONSTITUTED AGENCIES THEREOF THAT FOCUS THEIR LENDING ACTIVITIES AT ECONOMICALLY DISTRESSED OR DECLINING AREAS, DISADVANTAGED PERSONS, NEIGHBORHOOD OR COMMUNITY REVITALIZATION, OR OTHER SECTION 501(C)(3) CHARITABLE PURPOSES AND THAT ARE CLASSIFIED AS SECTION 509(A)(1) OR (2) ORGANIZATIONS UNDER THE INTERNAL REVENUE CODE. THE GOVERNING INSTRUMENTS OF THE ORGANIZATION PROVIDE THAT ITS SUPPORTED ORGANIZATIONS INCLUDE LOCAL ECONOMIC DEVELOPMENT ORGANIZATIONS THAT ARE CLASSIFIED AS PUBLIC CHARITIES AND GOVERNMENTAL UNITS.
PART IV, SECTION A, LINE 5ASUPPORTED ORGANIZATIONS LISTING THE FOLLOWING ORGANIZATION WAS REMOVED FROM THE REPORTABLE LIST OF SUPPORTED ORGANIZATIONS FOR PURPOSES OF SCHEDULE A: GREATER MINNESOTA HOUSING FUND: 41-1836919, BOARD MEMBER NO LONGER AFFILIATED WITH THIS SUPPORTED ORGANIZATION RIVIERA BEACH CDC, INC.: 45-5191643, BOARD MEMBER NO LONGER AFFILIATED WITH THIS SUPPORTED ORGANIZATION BUILD WITH A PURPOSE: 14-1882064, BOARD MEMBER NO LONGER AFFILIATED WITH THIS SUPPORTED ORGANIZATION
PART IV, SECTION C, LINE 1ORGANIZATIONS LISTED IN GOVERNING DOCUMENTS THE GOVERNING INSTRUMENTS OF THE ORGANIZATION REQUIRE THAT A MAJORITY OF ITS TRUSTEES SHALL BE REPRESENTATIVES OF SUPPORTED ORGANIZATIONS. THE ORGANIZATION SERVES A CLASS OF SUPPORTED ORGANIZATIONS AS DESCRIBED ABOVE. THE ORGANIZATION IS CONTROLLED BY THE ORGANIZATIONS IT SUPPORTS SINCE THE MAJORITY OF THE ORGANIZATION'S TRUSTEES ARE REPRESENTATIVES OF ITS SUPPORTED ORGANIZATIONS.

Schedule B IRS990ScheduleB

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Political Expenditures$0PoliticalExpendituresAmt
Volunteer Hours0VolunteerHoursCnt
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Volunteers0VolunteersInd
Paid Staff Or Management0PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact Legislators0DirectContactLegislatorsInd
Rallies Demonstrations0RalliesDemonstrationsInd
Other ActivitiesYes (1)OtherActivitiesInd
Other Activities$81,708OtherActivitiesAmt
Total Lobbying Expenditures$81,708TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

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

Schedule D IRS990ScheduleD

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

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$625,452OtherCostOrOtherBasisAmt
Depreciation$38,957DepreciationAmt
Book Value$586,495BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,995,731OtherCostOrOtherBasisAmt
Depreciation$1,563,598DepreciationAmt
Book Value$432,133BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,399,128OtherCostOrOtherBasisAmt
Depreciation$4,238,789DepreciationAmt
Book Value$160,339BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,178,967TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

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

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDescPurpose Of GrantPurposeOfGrantTxt
FRIENDSHIP ACADEMY OF THE ARTS
2600 EAST 38TH STREETMINNEAPOLISMN55406311756049501(C)(3)$0$18,000FAIR MARKET VALUETABLETSDONATION FOR USE AT SCHOOL.
TWIN CITIES INNOVATION ALLIANCE
1041 JAMES AVE NMINNEAPOLISMN55441821701598501(C)(3)$0$21,600FAIR MARKET VALUETABLETSDONATION FOR USE AT SCHOOL.
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeDONATIONGrantTypeTxt
Recipient22RecipientCnt
Cash Grant$0CashGrantAmt
Non Cash Assistance$7,920NonCashAssistanceAmt
Valuation Method UsedFAIR MARKET VALUEValuationMethodUsedDesc
Non Cash AssistanceTABLETSNonCashAssistanceDesc

Schedule J IRS990ScheduleJ

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

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (16 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
FRANK ALTMAN
CEO$324,510$0$271,130$0$600$0$13,557$0$7,813$0$617,610$0$0$0
JENNIFER ANDERSON
PRESIDENT AND CFO$272,596$0$123,000$0$0$0$7,788$0$17,581$0$420,965$0$0$0
DANIEL KOMAREK
SVP AND CRO$247,154$0$64,000$0$0$0$6,120$0$20,343$0$337,617$0$0$0
KEITH RACHEY
SVP AND CHIEF IMPACT OFFICER$245,492$0$73,000$0$600$0$3,450$0$20,418$0$342,960$0$0$0
JENNIFER NOVAK
SVP CAPITAL MARKETS$215,948$0$74,175$0$0$0$10,920$0$20,343$0$321,386$0$0$0
DAWN JOHNSON
VP AND CPO$205,962$0$58,700$0$0$0$11,162$0$7,813$0$283,637$0$0$0
MICHELLE PAGE
VP LOAN SERVICING$181,092$0$47,400$0$463$0$0$0$20,264$0$249,219$0$0$0
COLLEEN SCHWARZ
VP OF AFFORDABLE HOUSING LENDING$160,123$0$20,000$0$0$0$8,043$0$20,343$0$208,509$0$0$0
NICHOLAS ELDERS
VP TECHNOLOGY SOLUTIONS$168,064$0$40,250$0$0$0$8,403$0$20,209$0$236,926$0$0$0
ROBERT TREADWAY
SBLC COO$171,635$0$45,850$0$600$0$9,204$0$20,224$0$247,513$0$0$0
ERIC CHAPIN
VP OF LEGAL AFFAIRS, COMPLIANCE & AU$161,538$0$40,000$0$590$0$8,106$0$20,182$0$230,416$0$0$0
PETER BERNACIAK
DIRECTOR OF STRUCTURED FINANCE$140,661$0$28,000$0$0$0$3,815$0$20,343$0$192,819$0$0$0
GARY HOLMQUIST
REGIONAL DIRECTOR OF BUSINESS DEVELO$121,154$0$78,305$0$0$0$9,749$0$20,341$0$229,549$0$0$0
ERIC MAU
PRINCIPAL ARCHITECT$161,150$0$32,500$0$0$0$9,766$0$20,262$0$223,678$0$0$0
HYEOK JAE KANG
CONTROLLER OF CAPITAL MARKETS$130,000$0$31,875$0$1,134$0$8,150$0$20,049$0$191,208$0$0$0
JENNIFER ERICSON
REGIONAL DIRECTOR OF BUSINESS DEVELO$116,106$0$65,483$0$0$0$9,389$0$12,763$0$203,741$0$0$0

Supplemental Information Detail SupplementalInformationDetail

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

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 7ASUBSEQUENT TO THE INITIAL BOARD OF TRUSTEES, A MAJORITY OF THE BOARD SHALL CONSIST OF INDIVIDUALS APPOINTED OR ELECTED BY BENEFICIARY ORGANIZATIONS. AS PROVIDED IN THE ARTICLES OF INCORPORATION, THE CLASS OF BENEFICIARY ORGANIZATION SUPPORTED BY THE CORPORATION IS LIMITED TO LOCAL ECONOMIC DEVELOPMENT ORGANIZATIONS AND UNITS OF FEDERAL, STATE, COUNTY OR MUNICIPAL GOVERNMENT, OR DULY CONSTITUTED AGENCIES THEREOF, THAT FOCUS THEIR LENDING ACTIVITIES AT ECONOMICALLY DISTRESSED OR DECLINING AREAS, DISADVANTAGED PERSONS, NEIGHBORHOOD OR COMMUNITY REVITALIZATION, OR OTHER SECTION 501(C)(3) CHARITABLE PURPOSES AND THAT ARE CLASSIFIED AS SECTION 509(A)(1) OR (2) ORGANIZATIONS UNDER THE INTERNAL REVENUE CODE.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS REVIEWED IN DETAIL BY SENIOR MANAGEMENT BEFORE FILING WITH THE IRS. A FINAL COPY OF THE RETURN IS SENT TO THE BOARD FOR A HIGH LEVEL REVIEW PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CBECAUSE CRF IS A 509(A)(3) SUPPORTING ORGANIZATION, A MAJORITY OF THE GOVERNING BOARD COULD QUALIFY AS POTENTIAL CLIENTS. THE BOARD HAS CHOSEN NOT TO REVIEW INDIVIDUAL LOANS. AS A RESULT, THERE IS NO LONGER A POTENTIAL CONFLICT ISSUE IN THAT AREA. CERTAIN TRUSTEES ARE AFFIILIATED WITH FINANCIAL INSTITUTIONS THAT MAY BE INVOLVED WITH A CRF TRANSACTION, AND IN THOSE CASES, THE TRUSTEE ABSTAINS FROM ANY RELATED VOTE. ALL TRUSTEES ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. ALL EMPLOYEES ARE ALSO COVERED UNDER THE CONFLICT OF INTEREST POLICY AND ARE REQUIRED TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AS SOON AS POSSIBLE. TRUSTEE ANNUALLY AFFIRM CONFLICT OF INTEREST POLICY AND DUTY TO DISCLOSE AT EACH BOARD MEETING IF SUBJECT OF DISCUSSION OR DECISION IS POTENTIAL CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15ATHE BOARD HAS APPROVED A COMPENSATION POLICY TO SET THE FRAMEWORK FOR EXECUTIVE AND STAFF COMPENSATION BASED ON A STUDY PERFORMED BY AN INDEPENDENT COMPENSATION CONSULTANT. THE EXECUTIVE COMMITTEE OF BOARD APPROVES COMPENSATION FOR THE CEO BASED ON A COMPENSATION STUDY. THE EXECUTIVE COMMITTEE REVIEWS A COMPENSATION STUDY FOR SENIOR EXECUTIVES. THE MOST RECENT EXECUTIVE COMPENSATION STUDY WAS COMPLETED DURING FISCAL YEAR 2017. THE CEO APPROVES COMPENSATION FOR OTHER EXECUTIVE OFFICERS IN ACCORDANCE WITH THE COMPENSATION POLICY. COMPENSATION DECISIONS ARE DOCUMENTED WITH THE HUMAN RESOURCES DEPARTMENT. HUMAN RESOURCES WORKED WITH THE CEO, PRESIDENT AND A THIRD PARTY CONSULTANT TO BENCHMARK EMPLOYEE COMPENSATION TO INDUSTRY STANDARDS DURING FISCAL YEAR 2018.
FORM 990, PART VI, SECTION C, LINE 19THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (56 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
CRF AFFORDABLE HOUSING NO 1 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$10,470$5,784,169CRF INC
CRF AFFORDABLE HOUSING NO 2 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$126,682$15,513,493CRF INC
CRF AFFORDABLE HOUSING NO 3 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$428,699$44,213,184CRF INC
CRF 18 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE-$41,364$1,689,444CRF INC
CRF 19 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE-$479,993$3,241,601CRF INC
CRF CHARTER SCHOOL INVESTOR LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0CRF INC
CRF FUND MANAGEMENT SERVICES LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0CRF INC
CRF HOLDINGS LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0CRF INC
CRF AFFORDABLE HOUSING NO 3 GUARANTOR LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0CRF INC
CRF SMALL BUSINESS LOAN COMPANY LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402475318624COMMUNITY DEVELOPMENTDE-$865,157$38,992,772CRF INC
CRF QI LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0CRF INC
CRF DETROIT HOME MORTGAGE FUND (2016) LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE-$6,672$1,170,221CRF INC
ML BUSINESS LOAN CONDUIT LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$162,730$0CRF INC
CRF NNMTCF I GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0CRF INC
CRF NNMTCF II GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0CRF INC
CRF NNMTCF III GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$222$0CRF INC
CRF NNMTCF IV GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE-$121$0CRF INC
CRF NNMTCF V GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$580$0CRF INC
CRF NNMTCF VI GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$106$0CRF INC
CRF NNMTCF VII GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE-$169$0CRF INC
CRF NNMTCF VIII GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$405$0CRF INC
CRF NNMTCF IX GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$44$0CRF INC
CRF NNMTCF X GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE-$1,624$0CRF INC
CRF NNMTCF XI GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0CRF INC
CRF NNMTCF XII GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE-$716$0CRF INC
CRF NNMTCF XIII GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$27$3,612CRF INC
CRF NNMTCF XIV GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$11$2,026CRF INC
CRF NNMTCF XV GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$11$2,034CRF INC
CRF NNMTCF XVI GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$13$2,054CRF INC
CRF NNMTCF XVII GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$46$2,416CRF INC
CRF NNMTCF XVIII GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$2,534CRF INC
CRF NNMTCF XIX GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$15$10,950CRF INC
CRF NNMTCF XX GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$12$1,027CRF INC
CRF NNMTCF XXI GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$16$4,210CRF INC
CRF NNMTCF XXII GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$5$8,401CRF INC
CRF NNMTCF XXIII GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$5$1CRF INC
CRF NNMTCF XXIV GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$45$0CRF INC
CRF NNMTCF XXV GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$17$0CRF INC
CRF NNMTCF XXVI GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$13$0CRF INC
CRF NNMTCF XXVII GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$4$0CRF INC
CRF NNMTCF XXVIII GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$7$0CRF INC
CRF NNMTCF XXIX GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$6$0CRF INC
CRF NNMTCF XXX GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0CRF INC
CRF NNMTCF XXXI GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$4$4CRF INC
CRF NNMTCF XXXII GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$2$2CRF INC
CRF NNMTCF XXXIII GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0CRF INC
CRF NNMTCF XXXIV GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0CRF INC
CRF NNMTCF XXXV GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0CRF INC
CRF NNMTCF XXXVI GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0CRF INC
CRF NNMTCF XXXVII GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0CRF INC
CRF NNMTCF XXXVIII GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0CRF INC
CRF NNMTCF XXXIX GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0CRF INC
CRF NNMTCF XLGP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0CRF INC
CRF BLC BETA GP LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0CRF INC
CRF DHM DEVELOPER PROGRAM LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$1,200CRF INC
CRF COMMUNITY COMEBACK PROGRAM FUND I LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402411616861COMMUNITY DEVELOPMENTDE$0$0CRF INC

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (9 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtControlled OrganizationControlledOrganizationInd
LOW INCOME INVESTMENT FUND
100 PINE STREET SUITE 1800SAN FRANCISCOCA94111942952578COMMUNITY DEVELOPMENTCA501(C)(3)LINE 70
LOS ANGELES LDC INC
120 WILSHIREBLVD SUITE 404LOS ANGELESCA90017953532380COMMUNITY DEVELOPMENTCA501(C)(3)LINE 100
FORWARD COMMUNITY INVESTMENTS INC
211 S PATTERSON STREET NMADISONWI53703391815578COMMUNITY DEVELOPMENTWI501(C)(3)LINE 70
CHICAGO COMMUNITY LOAN FUND
29 E MADISON SUITE 1700CHICAGOIL60602363762123COMMUNITY DEVELOPMENTIL501(C)(3)LINE 70
GREATER METROPOLITAN HOUSING CORPORATION
15 SOUTH FIFTH STREET 710MINNEAPOLISMN55402410968007COMMUNITY DEVELOPMENTMN501(C)(3)LINE 70
WAR ON POVERTY - FLORIDA INC
5196-A NORWOOD AVENUEJACKSONVILLEFL32208208631269COMMUNITY DEVELOPMENTFL501(C)(3)LINE 70
STEWARDS OF AFFORDABLE HOUSING FOR THE FUTURE
10 G STREET NE NO 580WASHINGTONDC20002061697213COMMUNITY DEVELOPMENTDC501(C)(3)LINE 70
LIFTFUND INC
2007 WEST MARTIN STSAN ANTONIOTX78207742712770COMMUNITY DEVELOPMENTTX501(C)(3)LINE 70
INVEST DETROIT FOUNDATION
600 RENAISSANCE CENTER NO 1710DETROITMI48243271927369COMMUNITY DEVELOPMENTMI501(C)(3)LINE 70

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (43 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdPredominant Income TypePredominantIncomeTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerIndOwnershipOwnershipPctShare Of EOY AssetsShareOfEOYAssetsAmt
BUSINESS LOAN CONDUIT NO 3 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402203925664COMMUNITY DEVELOPMENTDEN/ARELATED$2220Yes (1)0.01000
BUSINESS LOAN CONDUIT NO 4 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402264102477COMMUNITY DEVELOPMENTDEN/ARELATED-$1210Yes (1)0.01000
BUSINESS LOAN CONDUIT NO 5 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402264102588COMMUNITY DEVELOPMENTDEN/ARELATED$5800Yes (1)0.01000
BUSINESS LOAN CONDUIT NO 6 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402270313044COMMUNITY DEVELOPMENTDEN/ARELATED$1060Yes (1)0.01000
BUSINESS LOAN CONDUIT NO 7 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402270313117COMMUNITY DEVELOPMENTDEN/ARELATED-$1690Yes (1)0.01000
BUSINESS LOAN CONDUIT NO 8 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402270313223COMMUNITY DEVELOPMENTDEN/ARELATED$4050Yes (1)0.01000
BUSINESS LOAN CONDUIT NO 9 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402270313426COMMUNITY DEVELOPMENTDEN/ARELATED$440Yes (1)0.01000
BUSINESS LOAN CONDUIT NO 10 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402270313484COMMUNITY DEVELOPMENTDEN/ARELATED-$1,6240Yes (1)0.01000
BUSINESS LOAN CONDUIT NO 11 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402271656386COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.01000
BUSINESS LOAN CONDUIT NO 12 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402271656430COMMUNITY DEVELOPMENTDEN/ARELATED-$7160Yes (1)0.01000
BUSINESS LOAN CONDUIT NO 13 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402271656519COMMUNITY DEVELOPMENTDEN/ARELATED$270Yes (1)0.01000$3,612
BUSINESS LOAN CONDUIT NO 14 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402271656570COMMUNITY DEVELOPMENTDEN/ARELATED$110Yes (1)0.01000$2,026
BUSINESS LOAN CONDUIT NO 15 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402271656714COMMUNITY DEVELOPMENTDEN/ARELATED$110Yes (1)0.01000$2,034
BUSINESS LOAN CONDUIT NO 16 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402271656769COMMUNITY DEVELOPMENTDEN/ARELATED$130Yes (1)0.01000$2,054
BUSINESS LOAN CONDUIT NO 17 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402271656826COMMUNITY DEVELOPMENTDEN/ARELATED$460Yes (1)0.01000$2,416
BUSINESS LOAN CONDUIT NO 18 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402452934614COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.01000$2,534
BUSINESS LOAN CONDUIT NO 19 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402452934736COMMUNITY DEVELOPMENTDEN/ARELATED$150Yes (1)0.01000$10,950
BUSINESS LOAN CONDUIT NO 20 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402452934835COMMUNITY DEVELOPMENTDEN/ARELATED$120Yes (1)0.01000$1,027
BUSINESS LOAN CONDUIT NO 21 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402452934956COMMUNITY DEVELOPMENTDEN/ARELATED$160Yes (1)0.01000$4,210
BUSINESS LOAN CONDUIT NO 22 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402452935036COMMUNITY DEVELOPMENTDEN/ARELATED$50Yes (1)0.01000$8,401
BUSINESS LOAN CONDUIT NO 23 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402461414743COMMUNITY DEVELOPMENTDEN/ARELATED$50Yes (1)0.01000$1
BUSINESS LOAN CONDUIT NO 24 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402461420143COMMUNITY DEVELOPMENTDEN/ARELATED$450Yes (1)0.01000
BUSINESS LOAN CONDUIT NO 25 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402461440227COMMUNITY DEVELOPMENTDEN/ARELATED$170Yes (1)0.01000
BUSINESS LOAN CONDUIT NO 26 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402461450685COMMUNITY DEVELOPMENTDEN/ARELATED$130Yes (1)0.01000
BUSINESS LOAN CONDUIT NO 27 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402461458369COMMUNITY DEVELOPMENTDEN/ARELATED$40Yes (1)0.01000
BUSINESS LOAN CONDUIT NO 28 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402461467262COMMUNITY DEVELOPMENTDEN/ARELATED$70Yes (1)0.01000
BUSINESS LOAN CONDUIT NO 29 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402461477071COMMUNITY DEVELOPMENTDEN/ARELATED$60Yes (1)0.01000
BUSINESS LOAN CONDUIT NO 30 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402461486451COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.01000
BUSINESS LOAN CONDUIT NO 31 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402813617299COMMUNITY DEVELOPMENTDEN/ARELATED$40Yes (1)0.01000$4
BUSINESS LOAN CONDUIT NO 32 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402813634010COMMUNITY DEVELOPMENTDEN/ARELATED$20Yes (1)0.01000$2
BUSINESS LOAN CONDUIT NO 33 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402813647185COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.01000
BUSINESS LOAN CONDUIT NO 34 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402813661131COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.01000
BUSINESS LOAN CONDUIT NO 35 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402813674447COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.01000
BUSINESS LOAN CONDUIT NO 36 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402813686854COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.01000
BUSINESS LOAN CONDUIT NO 37 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402813703301COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.01000
BUSINESS LOAN CONDUIT NO 38 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402813725330COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.01000
BUSINESS LOAN CONDUIT NO 39 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402813749405COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.01000
BUSINESS LOAN CONDUIT NO 40 LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402813765932COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)0.01000
MIDTOWN EXCHANGE INVESTOR II LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402205785200COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)
CHASE NMTC RESURRECTION UNIVERSITY INVESTMENT FUND LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402453420587COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)
CHASE NMTC PAVE INVESTMENT FUND LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402800809242COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)
CHASE NMTC HONEYWELL INVESTMENT FUND LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402455306999COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)
GDP-NNMTC INVESTMENT FUND LLC
801 NICOLLET MALL SUITE 1700WMINNEAPOLISMN55402461401855COMMUNITY DEVELOPMENTDEN/ARELATED0Yes (1)

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1THE NATIONAL NEW MARKET TAX CREDIT FUND INCBusinessNameLine1Txt

US Address USAddress

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

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1CRF INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeCEntityTypeTxt
Share Of EOY Assets$100ShareOfEOYAssetsAmt
Ownership1.00000OwnershipPct
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd