COMMUNITY REINVESTMENT FUND INC: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- COMMUNITY REINVESTMENT FUND INC (EIN 41-1616861)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2017-02-09
- IRS object ID
- 201700409349300525
- Schema version
- 2015v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-02-09T15:32:39-06:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Grant Thornton LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1400 US BANK PLAZA N 200 S 6TH ST | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 554021459 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411616861 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Community Reinvestment Fund Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % JENNIFER ANDERSON | InCareOfNm |
| Business Name Control | COMM | BusinessNameControlTxt |
| Phone | 6123383050 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 Nicollet Mall 1700W | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 554022903 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JENNIFER ANDERSON | PersonNm |
| Person Title | SVP/CFO | PersonTitleTxt |
| Phone | 6123383050 | PhoneNum |
| Signature | 2017-02-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | REBECCA ZECHA | PreparerPersonNm |
| PTIN | P00648970 | PTIN |
| Phone | 6123320001 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Jennifer Anderson | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 Nicollet Mall 1700W | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 554022903 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $26,158,500 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.CRFUSA.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1988 | FormationYr |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Activity Or Mission | To improve the lives of disadvantaged people and strengthen distressed communities through innovative finance. | ActivityOrMissionDesc |
| Voting Members Governing Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 15 | VotingMembersIndependentCnt |
| Total Employee | 84 | TotalEmployeeCnt |
| Total Volunteers | 15 | TotalVolunteersCnt |
| Total Gross UBI | $23,650 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$1,485 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,142,808 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,296,086 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $19,654,815 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $20,862,414 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $23,797,623 | PYTotalRevenueAmt |
| CY Total Revenue | $26,158,500 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $8,441,219 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $9,631,772 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $998,927 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $15,026,530 | PYOtherExpensesAmt |
| CY Other Expenses | $15,899,851 | CYOtherExpensesAmt |
| PY Total Expenses | $23,467,749 | PYTotalExpensesAmt |
| CY Total Expenses | $25,531,623 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $329,874 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $626,877 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $195,598,895 | TotalAssetsBOYAmt |
| Total Assets EOY | $180,635,909 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $196,285,236 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $175,712,661 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$686,341 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $4,923,248 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO IMPROVE THE LIVES OF DISADVANTAGED PEOPLE AND STRENGTHEN DISTRESSED COMMUNITIES THROUGH INNOVATIVE FINANCE. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $19,462,733 | ExpenseAmt |
| Revenue | $19,111,238 | RevenueAmt |
| Desc | AS A NONPROFIT, MISSION DRIVEN ORGANIZATION, COMMUNITY REINVESTMENT FUND (CRF) PROVIDES OTHERWISE UNAVAILABLE LOAN CAPITAL TO COMMUNITIES, SMALL BUSINESSES, ENTREPRENUERS, NONPROFIT ORGANIZATIONS AND HOUSING ORGANIZATIONS. DURING FY 2016, CRF PROVIDED FINANCING TOTALING $47 MILLION IN 25 STATES. THE LOANS PROVIDED BY CRF RESULTED IN THE CREATION OR RETENTION OF MORE THAN 1,298 JOBS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,884,596 | ExpenseAmt |
| Revenue | $1,727,526 | RevenueAmt |
| Desc | CRF IS AN ACTIVE FANNIE MAE SERVICER AND IS RATED BY STANDARD AND POOR'S AS AN EXPERIENCEd, MISSION-DRIVEN servicer. CRF SPECIALIZES IN CUSTOMIZED PROJECTS FOR NON-TRADITIONAL PORTFOLIOS AND ORGANIZATIONS. DURING FY 2016, CRF PROVIDED CONTRACT LOAN SERVICING FOR 50 COMMUNITY DEVELOPMENT LENDERS OF A VOLUME OF APPROXIMATELY 6,064 LOANS AMOUNTING TO $275 MILLION. ADDITIONALLY, WE SERVICED 86 AFFORDABLE HOUSING LOANS FOR $104 MILLION. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $21,347,329 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | Yes (true) | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 66 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 84 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 15 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (true) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (true) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ID | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JENNIFER ANDERSON | PersonNm |
| Phone | 6122249586 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 NICOLLET MALL STE 1700W | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Frank Altman | ||||||||||
| President and CEO | 40.0 | 0.0 | Yes (X) | Yes (X) | $410,146 | $0 | $15,579 | |||
| Kim Latimer-Nelligan | ||||||||||
| Chair | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Reza Aghamirzadeh | ||||||||||
| Vice Chair | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Salli Martyniak | ||||||||||
| Secretary | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Alton M Bathrick | ||||||||||
| Treasurer | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Jim Baird | ||||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Michael Banner | ||||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Tony Brown | ||||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Karl Egge | ||||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Warren Hanson | ||||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Calvin L Holmes | ||||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| James R Klein | ||||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| David Scheck | ||||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| James J Solem | ||||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Daniel Spiller | ||||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Gerald Thole | ||||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| Jennifer Anderson | ||||||||||
| SVP and CFO | 40.0 | 0.0 | Yes (X) | $103,846 | $0 | $10,239 | ||||
| Keith Rachey | ||||||||||
| SVP and COO | 40.0 | 0.0 | Yes (X) | $240,178 | $0 | $21,161 | ||||
| Daniel Komarek | ||||||||||
| SVP and CLO | 40.0 | 0.0 | Yes (X) | $259,200 | $0 | $27,111 | ||||
| Jennifer Novak | ||||||||||
| VP of Capital Markets | 40.0 | 0.0 | Yes (X) | $210,000 | $0 | $28,384 | ||||
| Dawn Johnson | ||||||||||
| VP and CPO | 40.0 | 0.0 | Yes (X) | $201,324 | $0 | $17,763 | ||||
| Warren McLean | ||||||||||
| VP of Develop. (Term. 9/2015) | 40.0 | 0.0 | Yes (X) | $179,421 | $0 | $10,294 | ||||
| Michelle Page | ||||||||||
| Director of Loan Operations | 40.0 | 0.0 | $172,100 | $0 | $20,715 | Yes (X) | ||||
| Colleen Schwartz | ||||||||||
| VP of Affordable Hsg Lending | 40.0 | 0.0 | $203,767 | $0 | $23,925 | Yes (X) | ||||
| Nicholas Elders | ||||||||||
| VP of Tech. Sol. and services | 40.0 | 0.0 | $164,556 | $0 | $29,034 | Yes (X) | ||||
| Robert Treadway | ||||||||||
| SBLC COO | 40.0 | 0.0 | $169,542 | $0 | $28,749 | Yes (X) | ||||
| Brian Burke | ||||||||||
| National Director of SBA | 40.0 | 0.0 | $185,179 | $0 | $15,944 | Yes (X) | ||||
| Jennifer Ericson | ||||||||||
| Reg Dir of Bus Development | 40.0 | 0.0 | $175,357 | $0 | $22,847 | Yes (X) | ||||
| Gary Holmquist | ||||||||||
| Reg Dir of Bus Develop | 40.0 | $238,914 | $0 | $30,968 | Yes (X) | |||||
| Eric Mau | ||||||||||
| Principal Architect | 40.0 | 0.0 | $159,942 | $0 | $26,958 | Yes (X) | ||||
| Susan Malan | ||||||||||
| Reg Dir of Bus Development | 40.0 | 0.0 | $132,429 | $0 | $26,643 | Yes (X) | ||||
| Brandon Dixon | ||||||||||
| Credit Manager | 40.0 | 0.0 | $130,085 | $0 | $26,643 | Yes (X) | ||||
| Scott Young | ||||||||||
| Former SVP/CFO (Term. 6/2015) | 0.0 | 0.0 | $230,278 | $0 | $7,164 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,566,264 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $390,121 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 26 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Terra Search Partners | |||||
| 601 Montgomery St Suite 1090 | SAN FRANCISCO | CA | 94111 | empoyment | $131,500 |
| Perkins Coie LLP | |||||
| 131 S Dearborn Street | CHICAGO | IL | 60609 | Legal | $552,833 |
| Novogradic Company LLP | |||||
| PO Box 7833 | SAN FRANCISCO | CA | 94120 | Accounting | $201,575 |
| Mark Gavin Consulting | |||||
| 9006 Gould Road | EDEN PRAIRIE | MN | 55347 | consulting | $176,160 |
| Grant Thornton LLP | |||||
| 200 South Sixth St Suite 1400 | MINNEAPOLIS | MN | 55402 | accounting | $159,510 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $2,000,000 | GovernmentGrantsAmt |
| All Other Contributions | $3,296,086 | AllOtherContributionsAmt |
| Total Contributions | $5,296,086 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| LOAN SERVICING INTEREST INCOME | 525990 | $10,511,506 | $10,511,506 | |
| LOAN SERVICING TRANSACTION FEES | 525990 | $7,668,874 | $7,668,874 | |
| OTHER INCOME | 525990 | $2,682,034 | $2,658,384 | $23,650 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $20,862,414 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $26,158,500 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $20,838,764 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $23,650 | UnrelatedBusinessRevenueAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,750,478 | TotalAmt |
| Program Services | $1,452,975 | ProgramServicesAmt |
| Management And General | $64,899 | ManagementAndGeneralAmt |
| Fundraising | $232,604 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,191,438 | TotalAmt |
| Program Services | $4,887,303 | ProgramServicesAmt |
| Management And General | $933,414 | ManagementAndGeneralAmt |
| Fundraising | $370,721 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $243,281 | TotalAmt |
| Program Services | $194,219 | ProgramServicesAmt |
| Management And General | $30,581 | ManagementAndGeneralAmt |
| Fundraising | $18,481 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $883,860 | TotalAmt |
| Program Services | $705,613 | ProgramServicesAmt |
| Management And General | $111,103 | ManagementAndGeneralAmt |
| Fundraising | $67,144 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $562,715 | TotalAmt |
| Program Services | $449,233 | ProgramServicesAmt |
| Management And General | $70,734 | ManagementAndGeneralAmt |
| Fundraising | $42,748 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $215,429 | TotalAmt |
| Management And General | $215,429 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $538,653 | TotalAmt |
| Management And General | $538,653 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,269,720 | TotalAmt |
| Program Services | $1,604,747 | ProgramServicesAmt |
| Management And General | $531,142 | ManagementAndGeneralAmt |
| Fundraising | $133,831 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $192,622 | TotalAmt |
| Program Services | $135,048 | ProgramServicesAmt |
| Management And General | $49,234 | ManagementAndGeneralAmt |
| Fundraising | $8,340 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $455,892 | TotalAmt |
| Program Services | $218,692 | ProgramServicesAmt |
| Management And General | $217,908 | ManagementAndGeneralAmt |
| Fundraising | $19,292 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $379,565 | TotalAmt |
| Program Services | $336,931 | ProgramServicesAmt |
| Management And General | $27,932 | ManagementAndGeneralAmt |
| Fundraising | $14,702 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,596 | TotalAmt |
| Program Services | $61,505 | ProgramServicesAmt |
| Management And General | $4,793 | ManagementAndGeneralAmt |
| Fundraising | $4,298 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,263,886 | TotalAmt |
| Program Services | $9,263,886 | ProgramServicesAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,024,281 | TotalAmt |
| Program Services | $715,839 | ProgramServicesAmt |
| Management And General | $247,300 | ManagementAndGeneralAmt |
| Fundraising | $61,142 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| EMPLOYEE OVERHEAD | $206,075 | $164,516 | $25,904 | $15,655 |
| DUES/SUBSCRIPTIONS | $140,425 | $14,115 | $116,341 | $9,969 |
| PROVISION FOR LOAN LOSSES | $443,305 | $443,305 | ||
| REFERRAL FEES | $533,306 | $533,306 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $166,096 | TotalAmt |
| Program Services | $166,096 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,531,623 | TotalAmt |
| Program Services | $21,347,329 | ProgramServicesAmt |
| Management And General | $3,185,367 | ManagementAndGeneralAmt |
| Fundraising | $998,927 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50 | BOYAmt |
| EOY | $50 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,944,454 | BOYAmt |
| EOY | $26,907,119 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,516,530 | BOYAmt |
| EOY | $2,391,964 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $163,338,834 | BOYAmt |
| EOY | $144,337,718 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $6,044,673 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $5,024,652 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,380,159 | BOYAmt |
| EOY | $1,020,021 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,406,196 | BOYAmt |
| EOY | $1,406,196 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,012,672 | BOYAmt |
| EOY | $4,572,841 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $195,598,895 | BOYAmt |
| EOY | $180,635,909 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,508,314 | BOYAmt |
| EOY | $7,996,790 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $514,530 | BOYAmt |
| EOY | $130,000 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,339,000 | BOYAmt |
| EOY | $7,222,137 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $170,330,851 | BOYAmt |
| EOY | $147,963,570 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,592,541 | BOYAmt |
| EOY | $12,400,164 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $196,285,236 | BOYAmt |
| EOY | $175,712,661 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$2,756,592 | BOYAmt |
| EOY | $3,221,083 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,070,251 | BOYAmt |
| EOY | $1,702,165 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$686,341 | BOYAmt |
| EOY | $4,923,248 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $195,598,895 | BOYAmt |
| EOY | $180,635,909 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $626,877 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $58,749 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | $4,923,963 | PriorPeriodAdjustmentsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type2 | Yes (X) | SupportingOrgType2Ind |
| Supported Organizations | 10 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp (10 entries)
| EINEIN | Organization TypeOrganizationTypeCd | Governing Document ListedGoverningDocumentListedInd | SupportSupportAmt | Other SupportOtherSupportAmt |
|---|---|---|---|---|
| LOW INCOME INVESTMENT FUND | ||||
| 942952578 | 7 | false | $0 | $0 |
| LOS ANGELES LDC INC | ||||
| 953532380 | 9 | false | $0 | $0 |
| FORWARD COMMUNITY INVESTMENTS INC | ||||
| 391815578 | 7 | false | $0 | $0 |
| GREATER MINNESOTA HOUSING FUND | ||||
| 411836919 | 9 | false | $0 | $0 |
| CHICAGO COMMUNITY LOAN FUND | ||||
| 363762123 | 7 | false | $0 | $0 |
| OHIO COMMUNITY DEVELOPMENT FINANCE FUND | ||||
| 311229532 | 7 | false | $0 | $0 |
| BUILD WITH PURPOSE INC | ||||
| 141882064 | 7 | false | $0 | $0 |
| RIVIERA BEACH CDC INC | ||||
| 455191643 | 7 | false | $0 | $0 |
| GREATER METROPOLITAN HOUSING CORPORATION | ||||
| 410968007 | 7 | false | $0 | $0 |
| COALITION OF COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS | ||||
| 010728162 | 7 | false | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 10 | SupportedOrganizationsTotalCnt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | false | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | Yes (true) | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | false | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | false | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | Yes (true) | OrganizationChangeSuprtOrgInd |
| Supported Org Class Designated | Yes (true) | SupportedOrgClassDesignatedInd |
| Substitution Beyond Org Cntl | Yes (true) | SubstitutionBeyondOrgCntlInd |
| Support Non Supported Org | false | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | false | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | false | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | false | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | false | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | false | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | false | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | false | ContributionControllerInd |
| Contribution Family | false | ContributionFamilyInd |
| Contribution35 Controlled | false | Contribution35ControlledInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Majority Dir Trst Supported Org | false | MajorityDirTrstSupportedOrgInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Supported Organizations | PART I, LINE 11G CRF IS A NOT-FOR-PROFIT FINANCIAL SERVICES CORPORATION THAT PROVIDES NEW LOAN CAPITAL FOR COMMUNITY BASED DEVELOPMENT ORGANIZATIONS, 501(C)(3) ENTITIES AND GOVERNMENTAL ENTITIES. CRF SUPPORTS A CLASS OF BENEFICIARY ORGANIZATIONS THAT INCLUDE SECTION 501(C)(3) LOCAL ECONOMIC DEVELOPMENT ORGANIZATIONS (SECTION 170(B)(1)(VI) ORGANIZATIONS) AND UNITS OF FEDERAL, STATE, COUNTY OR MUNICIPAL GOVERNMENT, OR DULY CONSTITUTED AGENCIES THEREOF (SECTION 170(B)(1)(A)(V) ORGANIZATIONS) THAT FOCUS THEIR LENDING ACTIVITIES AT ECONOMICALLY DISTRESSED OR DECLINING AREAS, DISADVANTAGED PERSONS, NEIGHBORHOOD OR COMMUNITY REVITALIZATION, OR OTHER SECTION 501(C) CHARITABLE PURPOSES. |
| Organizations Listed in Governing Documents | Part IV, Line 1 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. |
| IRS Determination Status of supported organizations | Part IV, Line 2 One of the supported organizations does not have a determination letter of public charity status, but has been determined to meet the requirements of Sections 509(a)(1) or (2). Additionally, one or more of the supported organizations is a governmental agency that does not have an IRS determination letter. |
| Supported Organizations Listing | Part IV, Line 5 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. The following organizations were added to the reportable list of supported organizations for purposes of Schedule A: COALITION OF COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (01-0728162) Greater Metropolitan Housing Corporation (41-0968007) The following organization was removed from the reportable list of supported organizations for purposes of Schedule A: Minneapolis Community & Technical College (41-1687554) |
| ORGANIZATIONS LISTED IN GOVERNING DOCUMENTS | PART IV, SECTION C, LINE 1 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 ORGANIZATIONS TRUSTEES ARE REPRESENTATIVES OF ITS SUPPORTED ORGANIZATIONS. |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (true) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
| CY Minus3 Yr Endwmt Fund | CYMinus3YrEndwmtFundGrp | |
| CY Minus4 Yr Endwmt Fund | CYMinus4YrEndwmtFundGrp | |
| Land | LandGrp | |
| Buildings | BuildingsGrp |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $64,122 | OtherCostOrOtherBasisAmt |
| Depreciation | $64,122 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $4,144,479 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,814,340 | DepreciationAmt |
| Book Value | $330,139 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $1,836,072 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,146,190 | DepreciationAmt |
| Book Value | $689,882 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,020,021 | TotalBookValueLandBuildingsAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Escrow Account | Schedule D, Part IV, Line 2b The Escrow Liability on Balance Sheet represents funds held in Trust for Borrowers. |
| Income Tax Footnote Disclosure | Schedule D, 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 J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (17 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Frank Altman | ||||||||||||||
| President and CEO | $310,146 | $0 | $100,000 | $0 | $0 | $0 | $5,597 | $0 | $9,982 | $0 | $425,725 | $0 | $0 | $0 |
| Keith Rachey | ||||||||||||||
| SVP and COO | $239,578 | $0 | $0 | $0 | $600 | $0 | $0 | $0 | $21,161 | $0 | $261,339 | $0 | $0 | $0 |
| Daniel Komarek | ||||||||||||||
| SVP and CLO | $209,200 | $0 | $50,000 | $0 | $0 | $0 | $6,150 | $0 | $20,961 | $0 | $286,311 | $0 | $0 | $0 |
| Jennifer Novak | ||||||||||||||
| VP of Capital Markets | $200,000 | $0 | $10,000 | $0 | $0 | $0 | $7,423 | $0 | $20,961 | $0 | $238,384 | $0 | $0 | $0 |
| Dawn Johnson | ||||||||||||||
| VP and CPO | $199,824 | $0 | $1,500 | $0 | $0 | $0 | $10,066 | $0 | $7,697 | $0 | $219,087 | $0 | $0 | $0 |
| Michelle Page | ||||||||||||||
| Director of Loan Operations | $170,000 | $0 | $1,500 | $0 | $600 | $0 | $0 | $0 | $20,715 | $0 | $192,815 | $0 | $0 | $0 |
| Colleen Schwartz | ||||||||||||||
| VP of Affordable Hsg Lending | $203,767 | $0 | $0 | $0 | $0 | $0 | $9,011 | $0 | $14,914 | $0 | $227,692 | $0 | $0 | $0 |
| Nicholas Elders | ||||||||||||||
| VP of Tech. Sol. and services | $163,056 | $0 | $1,500 | $0 | $0 | $0 | $8,228 | $0 | $20,806 | $0 | $193,590 | $0 | $0 | $0 |
| Robert Treadway | ||||||||||||||
| SBLC COO | $158,942 | $0 | $10,000 | $0 | $600 | $0 | $8,041 | $0 | $20,708 | $0 | $198,291 | $0 | $0 | $0 |
| Brian Burke | ||||||||||||||
| National Director of SBA | $138,529 | $0 | $45,454 | $0 | $1,196 | $0 | $9,229 | $0 | $6,715 | $0 | $201,123 | $0 | $0 | $0 |
| Jennifer Ericson | ||||||||||||||
| Reg Dir of Bus Development | $102,461 | $0 | $72,296 | $0 | $600 | $0 | $8,843 | $0 | $14,004 | $0 | $198,204 | $0 | $0 | $0 |
| Gary Holmquist | ||||||||||||||
| Reg Dir of Bus Develop | $103,094 | $0 | $135,820 | $0 | $0 | $0 | $10,007 | $0 | $20,961 | $0 | $269,882 | $0 | $0 | $0 |
| Scott Young | ||||||||||||||
| Former SVP/CFO (Term. 6/2015) | $143,278 | $0 | $0 | $0 | $87,000 | $0 | $7,164 | $0 | $0 | $0 | $237,442 | $0 | $0 | $0 |
| Warren McLean | ||||||||||||||
| VP of Develop. (Term. 9/2015) | $128,921 | $0 | $0 | $0 | $50,500 | $0 | $6,446 | $0 | $3,848 | $0 | $189,715 | $0 | $0 | $0 |
| Eric Mau | ||||||||||||||
| Principal Architect | $158,100 | $0 | $1,500 | $0 | $342 | $0 | $6,173 | $0 | $20,785 | $0 | $186,900 | $0 | $0 | $0 |
| Susan Malan | ||||||||||||||
| Reg Dir of Bus Development | $93,248 | $0 | $38,987 | $0 | $194 | $0 | $6,018 | $0 | $20,625 | $0 | $159,072 | $0 | $0 | $0 |
| Brandon Dixon | ||||||||||||||
| Credit Manager | $119,891 | $0 | $10,000 | $0 | $194 | $0 | $6,018 | $0 | $20,625 | $0 | $156,728 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Severance Payment | Part I, Line 4a Scott Young, former officer, received a severance payment in the calendar year ending December 31, 2015 of 87,000. Warren McLean, former officer, received a severance payment in the calendar year ending December 31, 2015 of $50,500. |
| Non-Fixed Payments | Part I, Line 7 CRF 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 form 990, Part VII. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| MEMBERS OF THE ORGANIZATION | Form 990, Part VI, Line 7a Subsequent to the initial board of trustees, a majority of the board shall consist of individuals appointed or elected by the beneficiary organization. Per the articles of incorporation, the class of beneficiary organizations includes 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. |
| FORM 990 REVIEW/APPROVAL | Form 990, Part VI, Line 11b The form 990 is reviewed in detail by certain members of the senior management team before filing with the IRS. A final copy of the return is sent to the board for a high level review prior to filing. |
| CONFLICT OF INTEREST POLICY | Form 990, Part VI, Line 12c Because Community Reinvestment Fund, Inc. (CRF) is a 501(c)(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 members are affiliated with financial institutions that may be involved with a CRF transaction, and in those cases, the member abstains from any vote. All employees are covered under the conflict of interest policy. It is imperative that employees disclose the existence of any actual or potential conflicts of interest as soon as possible so that safeguards can be established. |
| EXECUTIVE COMPENSATION | Form 990, Part VI, Line 15a/15b The board determines compensation based on a study performed by an independent compensation consultant. the most recent compensation study was completed during fiscal year ended 2016. The deliberations and decisions are documented with the human resource department. |
| DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION | Form 990, Part VI, Line 19 The governing documents, conflict of interest policy and financial statements are available to the public upon request. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (33 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| CRF Affordable Housing No 1 | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $755,875 | $11,540,131 | CRF Inc |
| CRF Affordable Housing No 2 | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $1,481,341 | $20,811,299 | CRF Inc |
| CRF Affordable Housing No 3 | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $3,423,936 | $56,608,902 | CRF Inc |
| CRF 18 LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $196,341 | $2,572,144 | CRF Inc |
| CRF 19 LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $368,304 | $6,107,241 | CRF Inc |
| CRF NNMTCF I GP LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $0 | $0 | CRF Inc |
| CRF NNMTCF II GP LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $0 | $0 | CRF Inc |
| CRF NNMTCF III GP LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $84 | $3,211 | CRF Inc |
| CRF NNMTCF IV GP LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $14 | $2,084 | CRF Inc |
| CRF NNMTCF V GP LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $0 | $3,796 | CRF Inc |
| CRF NNMTCF VI GP LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $22 | $2,105 | CRF Inc |
| CRF NNMTCF VII GP LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $46 | $14,592 | CRF Inc |
| CRF NNMTCF VIII GP LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $85 | $3,399 | CRF Inc |
| CRF NNMTCF IX GP LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $11 | $53,362 | CRF Inc |
| CRF NNMTCF X GP LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $22 | -$43,963 | CRF Inc |
| CRF NNMTCF XII GP LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $11 | $1,286 | CRF Inc |
| CRF NNMTCF XIII GP LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $27 | -$149,540 | CRF Inc |
| CRF NNMTCF XIV GP LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $11 | $2,026 | CRF Inc |
| CRF NNMTCF XV GP LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $11 | $21,141 | CRF Inc |
| CRF NNMTCF XVI GP LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $13 | $45,791 | CRF Inc |
| CRF NNMTCF XVII GP LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $46 | $2,416 | CRF Inc |
| CRF NNMTCF XVIII GP LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $14 | $19,989 | CRF Inc |
| CRF NNMTCF XIX GP LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $15 | $48,105 | CRF Inc |
| CRF NNMTCF XX GP LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $10 | $1,015 | CRF Inc |
| CRF NNMTCF XXI GP LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $16 | $23,853 | CRF Inc |
| CRF NNMTCF XXIV GP LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $0 | $44,250 | CRF Inc |
| CRF NNMTCF XXV GP LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $0 | $0 | CRF Inc |
| CRF NNMTCF XXVI GP LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $0 | $0 | CRF Inc |
| CRF NNMTCF XXVII GP LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $0 | $0 | CRF Inc |
| CRF NNMTCF XXVIII GP LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $0 | $0 | CRF Inc |
| CRF NNMTCF XXIX GP LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $0 | $0 | CRF Inc |
| CRF NNMTCF XXX GP LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $0 | $0 | CRF Inc |
| CRF Detroit Home Mortgage Fund LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 411616861 | Comm Devlpmt | DE | $0 | $0 | CRF Inc |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (10 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Low Income Investment Fund | |||||||||||
| 100 Pine Street Suite 1800 | San Francisco | CA | 94111 | 942952578 | Comm Devlpmt | CA | 501(c)(3) | 07 | N/A | false | |
| Los Angeles LDC Inc | |||||||||||
| 120 Wilshire Blvd Ste 404 | Los Angeles | CA | 90017 | 953532380 | Comm Devlpmt | CA | 501(c)(3) | 09 | N/A | false | |
| Forward Community Investments Inc | |||||||||||
| 211 S Patterson Street N Ste 160 | Madison | WI | 53703 | 391815578 | Comm Devlpmt | WI | 501(c)(3) | 07 | N/A | false | |
| Greater Minnesota Housing Fund | |||||||||||
| 332 Minnesota Street Ste 1201E | Saint Paul | MN | 55101 | 411836919 | Comm Devlpmt | MN | 501(c)(3) | II, Type 1 | false | na | |
| Chicago Community Loan Fund | |||||||||||
| 29 E Madison Ste 1700 | Chicago | IL | 60602 | 363762123 | Comm Devlpmt | IL | 501(c)(3) | 07 | N/A | false | |
| Ohio Community Dev Fin Fund | |||||||||||
| 17 South High Street Ste 900 | Columbus | OH | 43215 | 311229532 | Comm Devlpmt | OH | 501(c)(3) | 07 | N/A | false | |
| Build With A Purpose Inc | |||||||||||
| 224 Main Street | Metuchan | NJ | 08840 | 141882064 | Comm Devlpmt | NJ | 501(c)(3) | 07 | N/A | false | |
| Riviera Beach CDC Inc | |||||||||||
| 2001 Broadway | Riviera Beach | FL | 33404 | 455191643 | Comm Devlpmt | FL | 501(c)(3) | 7 | N/A | false | |
| Greater Metropolitan Housing Corporation | |||||||||||
| 15 South Fifth Street 710 | Minneapolis | MN | 55402 | 410968007 | Comm Devlpmt | MN | 501(c)(3) | 7 | N/A | false | |
| Coalition of Community Dev Fin Inst | |||||||||||
| 1331 G Street NW 10th Floor | Washington | DC | 20005 | 010728162 | Comm Devlpmt | DC | 501(c)(3) | 7 | N/A | false | |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (36 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd |
|---|---|---|---|---|---|---|---|---|---|
| Business Loan Conduit Beta LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 202925820 | Comm Dev | DE | NA | false | false |
| Business Loan Conduit llc | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 200166663 | Comm Dev | DE | NA | false | false |
| Business Loan Conduit No 2 llc | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 201609216 | Comm Dev | DE | NA | false | false |
| Business Loan Conduit No 3 llc | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 203925664 | Comm Dev | DE | NA | false | false |
| Business Loan Conduit No 4 LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 264102477 | Comm Dev | DE | NA | false | false |
| Business Loan Conduit no 5 LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 264102588 | Comm Dev | DE | NA | false | false |
| Business Loan Conduit No 6 LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 270313044 | Comm Dev | DE | NA | false | false |
| Business Loan Conduit No 7 LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 270313117 | Comm Dev | DE | NA | false | false |
| Business Loan Conduit No 8 LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 270313223 | Comm Dev | DE | NA | false | false |
| Business Loan Conduit No 9 LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 270313426 | Comm Dev | DE | NA | false | false |
| Business Loan Conduit No 10 LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 270313484 | Comm Dev | DE | NA | false | false |
| Business Loan Conduit No 12 LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 271656430 | Comm Dev | DE | NA | false | false |
| Business Loan Conduit No 13 LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 271656519 | Comm Dev | DE | NA | false | false |
| Business Loan Conduit No 14 LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 271656570 | Comm Dev | DE | NA | false | false |
| Business Loan Conduit No 15 LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 271656714 | Comm Dev | DE | NA | false | false |
| Business Loan Conduit No 16 LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 271656769 | Comm Dev | DE | NA | false | false |
| Business Loan Conduit No 17 LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 271656826 | Comm Dev | DE | NA | false | false |
| Business Loan Conduit No 18 LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 452934614 | Comm Dev | DE | NA | false | false |
| Business Loan Conduit No 19 LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 452934736 | Comm Dev | DE | NA | false | false |
| Business Loan Conduit No 20 LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 452934835 | Comm Dev | DE | NA | false | false |
| Business Loan Conduit No 21 LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 452935036 | Comm Dev | DE | NA | false | false |
| National New Mkts Tax Credit Fund I LP | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 260088098 | Comm Dev | DE | NA | false | false |
| National New Mkts Tax Credit Fund II LP | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 205315537 | Comm Dev | DE | NA | false | false |
| ML Business Loan Conduit LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 900408237 | Comm Dev | DE | NA | false | false |
| Midtown Exchange Investors II LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 205785200 | Comm Dev | DE | NA | false | false |
| Merrill Lynch Business Loan Conduit LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 260447317 | Comm Dev | DE | NA | false | false |
| Chase NMTC Res Univ Inv Fund LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 453420587 | Comm Dev | DE | NA | false | false |
| Chase NMTC Pave Inv Fund LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 800809242 | Comm Dev | DE | NA | false | false |
| Chase NMTC Honeywell Inv Fund LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 455306999 | Comm Dev | DE | NA | false | false |
| GDP-NNMTC Inv Fund LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 461401855 | Comm Dev | DE | NA | false | false |
| Business Loan Conduit No 25 LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 461440227 | Comm Dev | DE | na | false | false |
| Business Loan Conduit No 26 LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 461450685 | Comm Dev | DE | na | false | false |
| Business Loan Conduit No 27 LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 461458369 | Comm Dev | DE | Na | false | false |
| Business Loan Conduit No 28 LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 461467262 | Comm Dev | DE | na | false | false |
| Business Loan Conduit No 29 LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 461477071 | Comm Dev | DE | Na | false | false |
| Business Loan Conduit No 30 LLC | |||||||||
| 801 Nicollet Mall Ste 1700W | Minneapolis | MN | 55402 | 461486451 | Comm Dev | DE | na | false | false |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE NATIONAL NEW MARKET TAX CREDIT FUND | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 Nicollet Mall Ste 1700W | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 753013049 | EIN |
| Primary Activities | URban Devlpmn | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CRF Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C Corp | EntityTypeTxt |
| Share Of Total Income | $0 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $0 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |