COMMUNITY VISION CAPITAL & CONSULTING: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- COMMUNITY VISION CAPITAL & CONSULTING (EIN 94-3032394)
- Tax period
- 2015-10-01 to 2016-09-30
- Filed
- 2017-03-27
- IRS object ID
- 201720869349300752
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule G
- Schedule J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-03-27T11:06:09-05:00 | ReturnTs |
| Tax Period End | 2016-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 941254756 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOOD & STRONG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 275 BATTERY ST STE 900 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94111 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 943032394 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORTHERN CALIFORNIA COMMUNITY LOAN FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NORT | BusinessNameControlTxt |
| Phone | 4153928216 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 870 MARKET STREET NO 677 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARY A ROGIER | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 4153928215 | PhoneNum |
| Signature | 2017-03-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MAGA E KISRIEV | PreparerPersonNm |
| PTIN | P01008919 | PTIN |
| Phone | 4157810793 | 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 | MARY A ROGIER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 870 MARKET STREET NO 677 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $15,684,356 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NCCLF.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1987 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | NCCLF PROVIDES FINANCING AND FINANCIAL EXPERTISE TO STRENGTHEN LOW-INCOME COMMUNITIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 36 | TotalEmployeeCnt |
| Total Volunteers | 25 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,874,293 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,717,388 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $4,765,342 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $5,053,085 | CYProgramServiceRevenueAmt |
| PY Investment Income | $641,730 | PYInvestmentIncomeAmt |
| CY Investment Income | $364,025 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | -$27,667 | CYOtherRevenueAmt |
| PY Total Revenue | $7,281,365 | PYTotalRevenueAmt |
| CY Total Revenue | $7,106,831 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $150,000 | 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 | $3,170,709 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,812,803 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $404,302 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,650,818 | PYOtherExpensesAmt |
| CY Other Expenses | $2,439,105 | CYOtherExpensesAmt |
| PY Total Expenses | $5,971,527 | PYTotalExpensesAmt |
| CY Total Expenses | $6,251,908 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,309,838 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $854,923 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $59,355,993 | TotalAssetsBOYAmt |
| Total Assets EOY | $62,373,975 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $41,798,427 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $43,410,901 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $17,557,566 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $18,963,074 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE NORTHERN CALIFORNIA COMMUNITY LOAN FUND PROMOTES ECONOMIC JUSTICE AND ALLEVIATES POVERTY BY INCREASING THE FINANCIAL RESILIENCE AND SUSTAINABILITY OF COMMUNITY-BASED NONPROFITS AND ENTERPRISES. THROUGH FLEXIBLE FINANCIAL PRODUCTS AND SOUND ADVICE, WE CREATE OPPORTUNITIES TO MAKE SOCIALLY RESPONSIBLE INVESTMENTS THAT REVITALIZE NORTHERN CALIFORNIA COMMUNITIES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,236,613 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $3,939,821 | RevenueAmt |
| Desc | DIRECT LENDING: SINCE 1987, NCCLF HAS MADE 398 LOANS TOTALING $141 MILLION TO NONPROFITS SERVING LOW-INCOME COMMUNITIES IN NORTHERN CALIFORNIA, LEVERAGING OVER $1.4 BILLION IN ADDITIONAL PROJECT FUNDING. THESE LOANS HAVE HELPED CREATE OR PRESERVE 6,690 AFFORDABLE HOUSING UNITS FOR LOW-INCOME FAMILIES AND INDIVIDUALS, AND FINANCED OVER 2 MILLION SQUARE FEET OF NEIGHBORHOOD-SERVING NONPROFIT AND RETAIL SPACE. THESE LOANS HAVE ALSO HELPED CREATE OR PRESERVE 17,634 PERMANENT AND CONSTRUCTION JOBS, AND HELPED FINANCE PROJECTS BY ORGANIZATIONS THAT SERVE OVER 1.1 MILLION INDIVIDUALS. AT THE END OF FY16, NCCLF MANAGED A PORTFOLIO OF 63 LOANS WORTH $36.8 MILLION TO 56 NONPROFIT AND COMMUNITY-ORIENTED ORGANIZATIONS. DURING THE COURSE OF FY16, NCCLF CLOSED 30 LOANS TOTALING $11.1 MILLION. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,926,759 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | NEW MARKETS TAX CREDIT: NCCLF HAS $158 MILLION IN NEW MARKETS TAX CREDIT (NMTC) ALLOCATION FOR USE IN OUR 46 NORTHERN AND CENTRAL CALIFORNIA COUNTIES. THE TAX CREDITS ALLOW US TO MAKE INVESTMENT CAPITAL AVAILABLE TO BUSINESSES AND NONPROFITS IN QUALIFYING LOW-INCOME COMMUNITIES, CREATING JOBS AND SPURRING ADDITIONAL ECONOMIC DEVELOPMENT. DURING FY16, NCCLF PROVIDED $36.8 MILLION OF ALLOCATION TO FINANCE FOUR PROJECTS AND WAS WORKING TO DEPLOY ANOTHER $8 MILLION INTO ANOTHER PROJECTS. OUR NMTC PROGRAM HAS HELPED TO CREATE OR PRESERVE 3,983 JOBS, CREATED 557,000 SQUARE FEET OF COMMUNITY FACILITY SPACE, HELPED TO DEVELOP 54 UNITS OF AFFORDABLE HOUSING AND LEVERAGED AN ADDITIONAL $252 MILLION IN PRIVATE INVESTMENT. ALMOST 466,000 INDIVIDUALS WILL BE SERVED BY THE PROJECTS DEVELOPED USING THESE FUNDS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $559,218 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $1,113,264 | RevenueAmt |
| Desc | CONSULTING AND TRAINING: SINCE THE INCEPTION OF OUR CONSULTING & TRAINING PROGRAM, NCCLF HAS PROVIDED 523 CONSULTING ENGAGEMENTS IN REAL ESTATE AND NONPROFIT FINANCIAL MANAGEMENT, AND SERVED 2,445 ORGANIZATIONS THROUGH WORKSHOPS ON THESE TOPICS. DURING FY16, THE PROGRAM COMPLETED 80 CONSULTING ENGAGEMENTS, AND REACHED 412 ORGANIZATIONS THROUGH WORKSHOPS. SINCE FY15, THE CONSULTING AND TRAINING DEPARTMENT HAS OVERSEEN THE NONPROFIT DISPLACEMENT MITIGATION PROGRAM FOR THE CITY OF SAN FRANCISCO. THIS WORK INCLUDES BOTH TECHNICAL ASSISTANCE AND MANAGEMENT OF GRANTS MADE BY THIRD PARTIES. IN FY16 $1.7M IN GRANT FUNDS WERE AWARDED UNDER THIS PROGRAM. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $726,327 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | CAPITALIZATION: NCCLF WAS FOUNDED BY COMMUNITY RESIDENTS AS A VEHICLE TO CHANNEL CAPITAL FROM SOCIALLY RESPONSIBLE AND MISSION MOTIVATED INVESTORS TO PROJECTS THAT BENEFIT LOW INCOME PEOPLE. AT THE END OF FY2016 INVESTMENTS MADE BY BANKS, FOUNDATIONS, GOVERNMENT ENTITIES, INDIVIDUALS, RELIGIOUS ORGANIZATIONS, NONPROFIT ORGANIZATIONS AND HOSPITAL SYSTEMS INTO OUR REVOLVING LOAN FUND TOTALED $40.3 MILLION. NEW PROGRAM DEVELOPMENT ISOLATES RESEARCH AND DEVELOPMENT COSTS FOR DEVELOPING NEW PROGRAMS AND PRODUCTS THAT WILL IMPROVE THE LIVES OF LOW INCOME PEOPLE AND COMMUNITIES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $726,327 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $5,448,917 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 151 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 36 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | C LEA SALEM | PersonNm |
| Phone | 4153928216 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 870 MARKET ST SUITE 677 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94102 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| PATRICIA GOPAUL | |||||||
| BOARD CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ANITA ADDISON | |||||||
| BOARD VICE-CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JAMES SNYDER | |||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| COLBY DAILEY | |||||||
| SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ILANA SCHATZ | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| KIRKE WILSON | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ANDRE MADIERA | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| LYDIA TAN | |||||||
| BOARD MEMBER (THRU 5/1/2016) | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| AMY RASSEN | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| STEPHEN FLORANCE | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ANN CAMERON | |||||||
| BOARD MEMBER (THRU 5/1/2016) | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| BRYAN IGNOZZI | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN CHAN | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| LUIS GRANADOS | |||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| LINDA BOESSENECKER | |||||||
| BOARD MEMBER (THRU 1/31/16) | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MARY A ROGIER | |||||||
| PRESIDENT | 40.00 | Yes (X) | $160,403 | $0 | $26,000 | ||
| C LEA SALEM | |||||||
| DIRECTOR OF FINANCE | 40.00 | Yes (X) | $133,754 | $0 | $17,249 | ||
| E ROSS CULVERWELL | |||||||
| DIRECTOR OF LENDING | 40.00 | $131,838 | $0 | $23,242 | Yes (X) | ||
| JOANNE LEE | |||||||
| DIRECTOR OF FINANCIAL CONS | 40.00 | $135,704 | $0 | $21,281 | Yes (X) | ||
| DANIEL MCDONALD | |||||||
| DEPUTY DIRECTOR OF LENDING | 40.00 | $115,929 | $0 | $27,871 | Yes (X) | ||
| ANDREA PAPANASSIOU | |||||||
| DEPUTY DIRECTOR OF CONSULT | 40.00 | $125,663 | $0 | $22,858 | Yes (X) | ||
| CATHERINE HOWARD | |||||||
| DIRECTOR OF STRATEGIC INIT | 40.00 | $130,045 | $0 | $18,771 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $933,336 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $157,272 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 8 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AVIVAR CAPITAL | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 124 N ORANGE DRIVE 120 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90038 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | PROGRAM DEVELOPMENT | ServicesDesc |
| Compensation | $127,500 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $102,240 | FundraisingAmt |
| Government Grants | $134,753 | GovernmentGrantsAmt |
| All Other Contributions | $1,480,395 | AllOtherContributionsAmt |
| Noncash Contributions | $13,125 | NoncashContributionsAmt |
| Total Contributions | $1,717,388 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| INTEREST ON COMMUNITY LOANS | 522200 | $1,985,489 | $1,985,489 |
| LOAN FEES/NMTC FEES | 522200 | $1,954,332 | $1,954,332 |
| CONSULTING AND FISCAL AGENT FEES | 541900 | $1,113,264 | $1,113,264 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $5,053,085 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $696,461 | TotalRevenueColumnAmt |
| Exclusion | $696,461 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,205,949 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,538,385 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$332,436 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$332,436 | TotalRevenueColumnAmt |
| Exclusion | -$332,436 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $11,473 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $102,240 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $39,140 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$27,667 | TotalRevenueColumnAmt |
| Exclusion | -$27,667 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,106,831 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,053,085 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $336,358 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $308,000 | TotalAmt |
| Program Services | $176,700 | ProgramServicesAmt |
| Management And General | $91,600 | ManagementAndGeneralAmt |
| Fundraising | $39,700 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,754,228 | TotalAmt |
| Program Services | $2,438,814 | ProgramServicesAmt |
| Management And General | $87,298 | ManagementAndGeneralAmt |
| Fundraising | $228,116 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,699 | TotalAmt |
| Program Services | $130,582 | ProgramServicesAmt |
| Management And General | $9,024 | ManagementAndGeneralAmt |
| Fundraising | $13,093 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $374,526 | TotalAmt |
| Program Services | $320,530 | ProgramServicesAmt |
| Management And General | $21,406 | ManagementAndGeneralAmt |
| Fundraising | $32,590 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $223,350 | TotalAmt |
| Program Services | $190,768 | ProgramServicesAmt |
| Management And General | $13,060 | ManagementAndGeneralAmt |
| Fundraising | $19,522 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,175 | TotalAmt |
| Program Services | $17,175 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,993 | TotalAmt |
| Program Services | $13,177 | ProgramServicesAmt |
| Management And General | $31,135 | ManagementAndGeneralAmt |
| Fundraising | $681 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,606 | TotalAmt |
| Management And General | $52,606 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $657,976 | TotalAmt |
| Program Services | $638,994 | ProgramServicesAmt |
| Management And General | $16,781 | ManagementAndGeneralAmt |
| Fundraising | $2,201 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,282 | TotalAmt |
| Program Services | $61,060 | ProgramServicesAmt |
| Management And General | $3,413 | ManagementAndGeneralAmt |
| Fundraising | $8,809 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $115,416 | TotalAmt |
| Program Services | $97,547 | ProgramServicesAmt |
| Management And General | $7,118 | ManagementAndGeneralAmt |
| Fundraising | $10,751 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,958 | TotalAmt |
| Management And General | $4,554 | ManagementAndGeneralAmt |
| Fundraising | $8,404 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $297,917 | TotalAmt |
| Program Services | $252,887 | ProgramServicesAmt |
| Management And General | $17,558 | ManagementAndGeneralAmt |
| Fundraising | $27,472 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,196 | TotalAmt |
| Program Services | $28,186 | ProgramServicesAmt |
| Management And General | $6,577 | ManagementAndGeneralAmt |
| Fundraising | $3,433 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,801 | TotalAmt |
| Program Services | $21,133 | ProgramServicesAmt |
| Management And General | $12,943 | ManagementAndGeneralAmt |
| Fundraising | $4,725 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $757,010 | TotalAmt |
| Program Services | $757,010 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,941 | TotalAmt |
| Program Services | $22,791 | ProgramServicesAmt |
| Management And General | $1,619 | ManagementAndGeneralAmt |
| Fundraising | $2,531 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,756 | TotalAmt |
| Program Services | $38,847 | ProgramServicesAmt |
| Management And General | $20,485 | ManagementAndGeneralAmt |
| Fundraising | $424 | FundraisingAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PROVISION FOR LOAN LOSS | $242,716 | $242,716 | ||
| FEES AND LICENSES | $3,362 | $1,512 | $1,850 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,251,908 | TotalAmt |
| Program Services | $5,448,917 | ProgramServicesAmt |
| Management And General | $398,689 | ManagementAndGeneralAmt |
| Fundraising | $404,302 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $512,192 | BOYAmt |
| EOY | $657,487 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,077,532 | BOYAmt |
| EOY | $6,645,366 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,000 | BOYAmt |
| EOY | $58,750 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $528,588 | BOYAmt |
| EOY | $591,596 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,942,486 | BOYAmt |
| EOY | $34,161,960 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $117,000 | BOYAmt |
| EOY | $130,941 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $267,038 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $219,660 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,476 | BOYAmt |
| EOY | $47,378 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,381,904 | BOYAmt |
| EOY | $16,972,981 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,019,825 | BOYAmt |
| EOY | $1,054,312 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,669 | BOYAmt |
| EOY | $15,319 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,666,321 | BOYAmt |
| EOY | $2,037,885 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,355,993 | BOYAmt |
| EOY | $62,373,975 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $645,856 | BOYAmt |
| EOY | $634,059 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $336,750 | BOYAmt |
| EOY | $653,991 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $116,208 | BOYAmt |
| EOY | $79,035 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,160,099 | BOYAmt |
| EOY | $40,177,988 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,539,514 | BOYAmt |
| EOY | $1,865,828 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,798,427 | BOYAmt |
| EOY | $43,410,901 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,390,900 | BOYAmt |
| EOY | $18,393,180 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $166,666 | BOYAmt |
| EOY | $569,894 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,557,566 | BOYAmt |
| EOY | $18,963,074 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,355,993 | BOYAmt |
| EOY | $62,373,975 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $854,923 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $550,585 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,073,475 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,140,578 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,300,740 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,874,293 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,717,388 | CurrentTaxYearAmt |
| Total | $12,106,474 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,073,475 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,140,578 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,300,740 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,874,293 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,717,388 | CurrentTaxYearAmt |
| Total | $12,106,474 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $3,841,013 | SubstantialContributorsTotAmt |
| Public Support Total170 | $8,265,461 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $425,893 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $490,291 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $534,247 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $698,361 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $696,461 | CurrentTaxYearAmt |
| Total | $2,845,253 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,375 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,850 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $17,500 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year | $11,473 | CurrentTaxYearAmt |
| Total | $52,198 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $15,003,925 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $12,579,206 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.55090 | PublicSupportCY170Pct |
| Public Support PY170 | 0.58690 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | GROSS INCOME FROM FUNDRAISING EVENTS - 2011 AMOUNT: $ 11,375. 2012 AMOUNT: $ 11,850. 2013 AMOUNT: $ 17,500. 2015 AMOUNT: $ 11,473. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteer Hours | 0 | VolunteerHoursCnt |
Total Grassroots Lobbying TotalGrassrootsLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $200 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $6,300 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $6,500 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $6,192,802 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $6,199,302 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $459,965 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $114,991 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus2 | $382,652 | CurrentYearMinus2Amt |
| Current Year Minus1 | $448,238 | CurrentYearMinus1Amt |
| Current Year | $459,965 | CurrentYearAmt |
| Total | $1,290,855 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $1,936,283 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus2 | $2,295 | CurrentYearMinus2Amt |
| Current Year Minus1 | $4,705 | CurrentYearMinus1Amt |
| Current Year | $6,500 | CurrentYearAmt |
| Total | $13,500 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus2 | $95,663 | CurrentYearMinus2Amt |
| Current Year Minus1 | $112,060 | CurrentYearMinus1Amt |
| Current Year | $114,991 | CurrentYearAmt |
| Total | $322,714 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $484,071 | GrassrootsCeilingAmt |
Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $200 | CurrentYearAmt |
| Total | $200 | TotalAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $40,614 | OtherCostOrOtherBasisAmt |
| Depreciation | $15,626 | DepreciationAmt |
| Book Value | $24,988 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $226,424 | OtherCostOrOtherBasisAmt |
| Depreciation | $204,034 | DepreciationAmt |
| Book Value | $22,390 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $47,378 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| FUNDS HELD IN TRUST | $1,577,720 |
| ACCRUED INTEREST PAYABLE | $288,108 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,865,828 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $7,193,065 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $550,585 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $345,265 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $895,850 | RevenueNotReportedAmt |
| Revenue Subtotal | $6,297,215 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $809,616 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $809,616 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $7,106,831 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $5,787,557 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $345,265 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $345,265 | ExpensesNotReportedAmt |
| Expenses Subtotal | $5,442,292 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $809,616 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $809,616 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $6,251,908 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | NCCLF IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FROM CALIFORNIA FRANCHISE AND/OR INCOME TAXES UNDER SECTION 23701D OF THE REVENUE AND TAXATION CODE. NCCLF FOLLOWS THE GUIDANCE OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ISSUED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD. AS OF SEPTEMBER 30, 2016, MANAGEMENT EVALUATED NCCLF'S TAX POSITIONS AND CONCLUDED THAT NCCLF HAD MAINTAINED ITS TAX EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | EDUCATIONAL FORUM/PARTY | Event1Nm |
| Gross Receipts Event1 | $113,713 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $102,240 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $11,473 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $8,064 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $3,940 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $12,387 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $3,706 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $11,043 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $113,713 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $102,240 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $11,473 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $8,064 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $3,940 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $12,387 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $3,706 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $11,043 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $39,140 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$27,667 | NetIncomeSummaryAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARY A ROGIER | ||||||||||||||
| PRESIDENT | $160,403 | $0 | $0 | $0 | $0 | $0 | $7,312 | $0 | $18,688 | $0 | $186,403 | $0 | $0 | $0 |
| C LEA SALEM | ||||||||||||||
| DIRECTOR OF FINANCE | $128,754 | $0 | $5,000 | $0 | $0 | $0 | $6,513 | $0 | $10,736 | $0 | $151,003 | $0 | $0 | $0 |
| E ROSS CULVERWELL | ||||||||||||||
| DIRECTOR OF LENDING | $126,838 | $0 | $5,000 | $0 | $0 | $0 | $6,455 | $0 | $16,787 | $0 | $155,080 | $0 | $0 | $0 |
| JOANNE LEE | ||||||||||||||
| DIRECTOR OF FINANCIAL CONS | $130,704 | $0 | $5,000 | $0 | $0 | $0 | $6,571 | $0 | $14,710 | $0 | $156,985 | $0 | $0 | $0 |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (2 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan To OrganizationLoanToOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| MARY A ROGIER | |||||||
| PRESIDENT | TO FUND CAPITAL POOL FOR COMMUNITY AND ECONOMIC DEV. PROJECTS FINANCING | Yes (X) | $3,000 | $3,000 | 0 | Yes (1) | Yes (1) |
| ILANA SCHATZ | |||||||
| BOARD MEMBER | TO FUND CAPITAL POOL FOR COMMUNITY AND ECONOMIC DEV. PROJECTS FINANCING | Yes (X) | $75,000 | $76,035 | 0 | Yes (1) | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $79,035 | TotalBalanceDueAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE L, PART II, LOANS FROM INTERESTED PERSONS: | FormAndLineReferenceDesc |
| Explanation | THE NORTHERN CALIFORNIA COMMUNITY LOAN FUND OPERATES A REVOLVING LOAN FUND THAT PROVIDES SOCIALLY MOTIVATED INVESTORS WITH AN OPPORTUNITY TO HELP NONPROFIT ORGANIZATIONS PROVIDE AFFORDABLE HOUSING, ESSENTIAL COMMUNITY FACILITIES AND VITAL HUMAN SERVICES. QUALIFIED INSTITUTIONS AND INDIVIDUALS INVEST IN THE FORM OF FIXED RATE LOANS. NCCLF AGGREGATES THESE LOANS INTO A CAPITAL POOL WHICH WE USE TO FINANCE APPROPRIATE COMMUNITY AND ECONOMIC DEVELOPMENT PROJECTS.AT THE END OF FY2016, NCCLF HAD 272 LOANS IN THIS POOL FROM BANKS, CORPORATIONS, INDIVIDUALS, RELIGIOUS GROUPS, HEALTH SYSTEMS AND NONPROFIT ORGANIZATIONS. THE PRESIDENT AND ONE DIRECTOR CHOSE TO SUPPORT NCCLF'S MISSION BY LENDING MONEY TO THE ORGANIZATION'S CAPITAL POOL. THESE LOANS WERE ACCEPTED ON TERMS THAT CONFORM TO NCCLF'S STANDARD POLICIES FOR ACCEPTING LOANS INTO THE INVESTMENT POOL; THEY DID NOT REQUIRE SPECIAL APPROVAL FROM THE BOARD OF DIRECTORS. DURING FY2016, NCCLF HAD OUTSTANDING NOTES AS FOLLOWS:MARY A. ROGIERPRESIDENTLOAN MADE TO NCCLF: $3,000 AT 0%ILANA SCHATZBOARD MEMBERLOAN MADE TO NCCLF: $75,000 AT 2% | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | ALL BOARD MEMBERS RECEIVE A COPY OF THE FORM 990 BEFORE IT IS FILED. BOARD MEMBERS ARE ENCOURAGED TO REVIEW THE FORM 990 AND FORWARD THEIR QUESTIONS TO THE DIRECTOR OF FINANCE & ADMINISTRATION OR TO NCCLF'S ACCOUNTING FIRM WHO ADDRESSES THESE QUESTIONS. THE FINANCE COMMITTEE REVIEWS THE FORM IN DETAIL PRIOR TO FILING AND RECOMMENDS THE FILING OF THE RETURN TO THE FULL BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL STAFF AND BOARD MEMBERS COMPLETE A DISCLOSURE FORM ANNUALLY. DISCUSSION AND DISCLOSURE ARE INCLUDED IN REGULAR BOARD AND COMMITTEE MEETINGS, AS APPROPRIATE. IF AN ACTUAL CONFLICT EXISTS, THE PERSON INVOLVED IS TO RECUSE THEMSELVES FROM TAKING ACTION ON THE TRANSACTION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PERSONNEL COMMITTEE AND EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWED SALARY INFORMATION FOR SIMILAR POSITIONS AT OTHER NONPROFIT AND COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS. THEY CONDUCTED PERFORMANCE EVALUATIONS AND SET COMPENSATIONS BASED ON NCCLF'S OVERALL SALARY STRUCTURE INFORMED BY COMPARABLE SALARY DATA. ALL DISCUSSIONS AND DECISIONS WERE DOCUMENTED AND NOTES WERE MAINTAINED IN THE ORGANIZATION'S FILES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF TIME SET FORTH IN SEC. 6104(D). |
| FORM 990, PART IX, LINE 11G | CONSULTING FEES: PROGRAM SERVICE EXPENSES 638,994. MANAGEMENT AND GENERAL EXPENSES 16,781. FUNDRAISING EXPENSES 2,201. TOTAL EXPENSES 657,976. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (17 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Predominant Income TypePredominantIncomeTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE I LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 263763872 | NEW MARKETS TAX CREDIT | CA | NORTHERN CALIFORNIA COMMUNITY LOAN FUND | RELATED | $102,029 | $27,994 | 0 | Yes (1) | 0.00010 |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE II LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 263764098 | NEW MARKETS TAX CREDIT | CA | NORTHERN CALIFORNIA COMMUNITY LOAN FUND | RELATED | $44,378 | $11,975 | 0 | Yes (1) | 0.00010 |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE III LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 263764155 | NEW MARKETS TAX CREDIT | CA | NORTHERN CALIFORNIA COMMUNITY LOAN FUND | RELATED | $36,748 | $9,910 | 0 | Yes (1) | 0.00010 |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE IV LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 263764212 | NEW MARKETS TAX CREDIT | CA | NORTHERN CALIFORNIA COMMUNITY LOAN FUND | RELATED | $38,128 | $748 | 0 | Yes (1) | 0.00010 |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE V LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 263764429 | NEW MARKETS TAX CREDIT | CA | NORTHERN CALIFORNIA COMMUNITY LOAN FUND | RELATED | $53,255 | $9,921 | 0 | Yes (1) | 0.00010 |
| CHASE NMTC RICHMOND MARITIME INV FD LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 273428752 | NEW MARKETS TAX CREDIT | CA | NORTHERN CALIFORNIA COMMUNITY LOAN FUND | RELATED | $878 | 0 | Yes (1) | 0.00010 | |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE VI LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 263765259 | NEW MARKETS TAX CREDIT | CA | NORTHERN CALIFORNIA COMMUNITY LOAN FUND | RELATED | $30,003 | $594 | 0 | Yes (1) | 0.00010 |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE VII LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 800931504 | NEW MARKETS TAX CREDIT | CA | NORTHERN CALIFORNIA COMMUNITY LOAN FUND | RELATED | $42,502 | $845 | 0 | Yes (1) | 0.00010 |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE VIII LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 462952806 | NEW MARKETS TAX CREDIT | CA | NORTHERN CALIFORNIA COMMUNITY LOAN FUND | RELATED | $27,501 | $7,419 | 0 | Yes (1) | 0.00010 |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE IX LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 462960150 | NEW MARKETS TAX CREDIT | CA | NORTHERN CALIFORNIA COMMUNITY LOAN FUND | RELATED | $302,434 | $857 | 0 | Yes (1) | 0.00010 |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE X LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 462968654 | NEW MARKETS TAX CREDIT | CA | NORTHERN CALIFORNIA COMMUNITY LOAN FUND | RELATED | $296,820 | $4,440 | 0 | Yes (1) | 0.00010 |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE XI LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 800934944 | NEW MARKETS TAX CREDIT | CA | NORTHERN CALIFORNIA COMMUNITY LOAN FUND | RELATED | $287,045 | $827 | 0 | Yes (1) | 0.00010 |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE 14 LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 474524945 | NEW MARKETS TAX CREDIT | CA | NORTHERN CALIFORNIA COMMUNITY LOAN FUND | RELATED | -$800 | $1,450 | 0 | Yes (1) | 0.00010 |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE 15 LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 474535771 | NEW MARKETS TAX CREDIT | CA | NORTHERN CALIFORNIA COMMUNITY LOAN FUND | RELATED | 0 | Yes (1) | 0.01000 | ||
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE 16 LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 474548038 | NEW MARKETS TAX CREDIT | CA | NORTHERN CALIFORNIA COMMUNITY LOAN FUND | RELATED | -$800 | 0 | Yes (1) | 0.99000 | |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE 17 LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 474557284 | NEW MARKETS TAX CREDIT | CA | NORTHERN CALIFORNIA COMMUNITY LOAN FUND | RELATED | -$800 | 0 | Yes (1) | 0.99000 | |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE 18 LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 474570333 | NEW MARKETS TAX CREDIT | CA | NORTHERN CALIFORNIA COMMUNITY LOAN FUND | RELATED | -$800 | 0 | Yes (1) | 0.99000 | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NCCLF MEMBERCO LLC | ||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 263779521 | NEW MARKETS TAX CREDIT | CA | NORTHERN CALIFORNIA COMMUNITY LOAN FUND | C | 1.00000 | 0 | ||
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE XII LLC | ||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 463000492 | NEW MARKETS TAX CREDIT | CA | NORTHERN CALIFORNIA COMMUNITY LOAN FUND | C | 0.99000 | 0 | $57,221 | $7,511,575 |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE 13 LLC | ||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 474520771 | NEW MARKETS TAX CREDIT | CA | NORTHERN CALIFORNIA COMMUNITY LOAN FUND | C | 0.00010 | 0 | $8,000,800 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | Yes (1) | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (5 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| NCCLF NMTC SUB-CDE I LLC | ||
| L | $102,000 | CONTRACT |
| NCCLF NMTC SUB-CDE V LLC | ||
| L | $53,252 | CONTRACT |
| NCCLF NMTC SUB-CDE IX LLC | ||
| L | $302,433 | CONTRACT |
| NCCLF NMTC SUB-CDE X LLC | ||
| L | $296,819 | CONTRACT |
| NCCLF NMTC SUB-CDE XI LLC | ||
| L | $287,042 | CONTRACT |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R, PART III | FormAndLineReferenceDesc |
| Explanation | NORTHERN CALIFORNIA COMMUNITY LOAN FUND ("NCCLF") IS A CALIFORNIA NONPROFIT PUBLIC BENEFIT ORGANIZATION, A CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION ("CDFI") AND A CERTIFIED COMMUNITY DEVELOPMENT ENTITY ("CDE"). THE CDE APPLIED FOR AND RECEIVED AN ALLOCATION OF NEW MARKETS TAX CREDIT ("NMTC") AUTHORITY UNDER SECTION 45D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE"), IN ROUNDS 6, 7, 8, 10, 11 AND 12 TOTALING $158,000,000 (THE "ALLOCATION"). THE CDE AWARDEE (THE "ALLOCATEE") ENTERED INTO ALLOCATION AGREEMENTS WITH THE CDFI FUND WITH EFFECTIVE DATES OF FEBRUARY 2009, DECEMBER 2009, MARCH 2011, JULY 2013, JUNE 2014, AND JUNE 2015 RESPECTIVELY. UNDER THE RULES OF THE NMTC PROGRAM, NCCLF AS A NONPROFIT CORPORATION MUST CREATE AND CONDUCT ITS NEW MARKETS PROGRAM THROUGH ONE OR MORE FOR-PROFIT CORPORATIONS OR LIMITED LIABILITY COMPANIES (HEREINAFTER THE "LLC"). THE LLC IS TYPICALLY REFERRED TO AS A "SUBSIDIARY", HOWEVER THE TERM "SUBSIDIARY" IS USED VERY DIFFERENTLY IN THE NEW MARKETS CREDIT PROGRAM THAN IT IS IN NORMAL CORPORATE FINANCE AND ACCOUNTING. IN THE NMTC PROGRAM, THE ECONOMIC INVESTMENT IN THIS "SUBSIDIARY" LLC IS MADE 99.99% BY A THIRD PARTY INVESTOR; AND THAT INVESTOR WILL RECEIVE ALL OF THE TAX BENEFITS. THE TERM "SUBSIDIARY" IS USED BY THE CDFI FUND TO SIGNIFY A RELATIONSHIP WHERE THE NEW FOR-PROFIT LLC IS MANAGED BY THE ALLOCATEE (NCCLF) AND WHERE THE ALLOCATEE HAS SUFFICIENT CONTROL OVER THE OPERATIONS AND INVESTMENTS OF THE FOR-PROFIT LLC TO KEEP THE LLC IN COMPLIANCE WITH THE NEW MARKETS PROGRAM RULES. THE CDFI FUND HAS ESTABLISHED RULES TO DETERMINE WHAT CONSTITUTES CONTROL BUT, IN GENERAL, CONTROL MEANS (I) MAINTAINING MANAGEMENT CONTROL BY EITHER ACTING AS MANAGER OR OWNING A MAJORITY INTEREST AND (II) MAINTAINING INVESTMENT CONTROL (VETO POWER) OVER THE QUALIFIED LOW-INCOME COMMUNITY INVESTMENTS ("QLICIS") MADE BY THE SUBSIDIARY CDE. IT IS COMMON IN COMMUNITY DEVELOPMENT FINANCING, SUCH AS IN FINANCING OF AFFORDABLE HOUSING, NEW MARKETS LENDING, AND HISTORIC PRESERVATION, FOR NONPROFITS TO BE MANAGING MEMBERS OR GENERAL PARTNERS OF A FOR-PROFIT ENTITY. THE LLC HAS BEEN FORMED WITH A MISSION CONSISTENT WITH THE NONPROFIT'S EXEMPT PURPOSE, AND WILL OPERATE WITHIN THE CONSTRAINTS OF THE FEDERAL NMTC PROGRAM. IN ADDITION, THE LLC CREATED TO ACT AS CONDUIT LENDER UNDER THE NMTC PROGRAM DOES NOT HAVE A SEPARATE BOARD OF DIRECTORS. ALL DECISIONS FOR THE LLC ARE MADE BY THE MEMBERS. NCCLF IS THE MANAGING MEMBER OF THE LLC, AND ALL ACTIONS OF THE LLC IN MAKING AND HOLDING LOANS TO BORROWERS ARE MANAGED BY NCCLF UNDER THE LLC'S OPERATING AGREEMENT WITH AN INVESTOR. ACTIONS BY NCCLF IN THIS CAPACITY, LIKE ALL ITS OTHER LOAN ACTIVITY TO BORROWERS, ARE MANAGED BY THE STAFF AND OFFICERS OF NCCLF UNDER THE DIRECTION OF THE BOARD OF DIRECTORS OF NCCLF. | ExplanationTxt |