PRIMARY CARE DEVELOPMENT CORPORATION: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization: PRIMARY CARE DEVELOPMENT CORPORATION (EIN 13-3711803)
Tax period: 2013-07-01 to 2014-06-30
Filed: 2015-04-30
IRS object ID: 201511209349300401
Schema version: 2013v4.0
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 I
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2015-04-30T06:49:48-05:00	ReturnTs
Tax Period End	2014-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	113518842	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MARKS PANETH LLP	BusinessNameLine1

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	685 THIRD AVENUE	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10017	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2013-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	133711803	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PRIMARY CARE DEVELOPMENT CORPORATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Business Name Control	PRIM	BusinessNameControlTxt
Phone	2124373910	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	45 BROADWAY SUITE 530	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10006	ZIPCode

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	RONDA KOTELCHUCK	PersonNm
Person Title	CEO	PersonTitleTxt
Phone	2124373910	PhoneNum
Signature	2015-04-29	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	ROBERT R LYONS	PreparerPersonNm
PTIN	P00227472	PTIN
Phone	2125038800	PhoneNum

Field	Value	IRS element (for citing)
Tax	2013	TaxYr
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Address Change	Yes (X)	AddressChangeInd
Principal Officer	RONDA KOTELCHUCK	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	45 BROADWAY SUITE 530	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10006	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	$23,525,767	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.PCDC.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1993	FormationYr
Legal Domicile State	NY	LegalDomicileStateCd
Activity Or Mission	FOUNDED IN 1993, THE PRIMARY CARE DEVELOPMENT CORPORATION (PCDC) IS A NONPROFIT ORGANIZATION DEDICATED TO ENSURING THAT EVERY COMMUNITY HAS TIMELY AND EFFECTIVE ACCESS TO PRIMARY CARE. OUR MISSION IS TO INCREASE THE CAPACITY AND QUALITY OF PRIMARY CARE IN UNDERSERVED COMMUNITIES TO ACHIEVE OUR VISION OF "EXCELLENT HEALTHCARE IN EVERY NEIGHBORHOOD." TO ACHIEVE OUR MISSION, PCDC EMPLOYS THREE STRATEGIES: INVESTING IN PRIMARY CARE FACILITIES, STRENGTHENING SERVICE DELIVERY, AND LEADING POLICY INITIATIVES.	ActivityOrMissionDesc
Voting Members Governing Body	23	VotingMembersGoverningBodyCnt
Voting Members Independent	23	VotingMembersIndependentCnt
Total Employee	54	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$3,306,205	PYContributionsGrantsAmt
CY Contributions Grants	$3,474,348	CYContributionsGrantsAmt
PY Program Service Revenue	$5,004,798	PYProgramServiceRevenueAmt
CY Program Service Revenue	$4,615,835	CYProgramServiceRevenueAmt
PY Investment Income	$454,456	PYInvestmentIncomeAmt
CY Investment Income	$373,910	CYInvestmentIncomeAmt
PY Other Revenue	$14,759	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$8,780,218	PYTotalRevenueAmt
CY Total Revenue	$8,464,093	CYTotalRevenueAmt
PY Grants And Similar Paid	$2,138,375	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$2,524,787	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$4,124,693	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$4,463,582	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$538,647	CYTotalFundraisingExpenseAmt
PY Other Expenses	$3,319,702	PYOtherExpensesAmt
CY Other Expenses	$3,007,148	CYOtherExpensesAmt
PY Total Expenses	$9,582,770	PYTotalExpensesAmt
CY Total Expenses	$9,995,517	CYTotalExpensesAmt
PY Revenues Less Expenses	-$802,552	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$1,531,424	CYRevenuesLessExpensesAmt
Total Assets BOY	$72,937,754	TotalAssetsBOYAmt
Total Assets EOY	$58,751,171	TotalAssetsEOYAmt
Total Liabilities BOY	$36,805,558	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$24,643,797	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$36,132,196	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$34,107,374	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	PCDC'S MISSION IS TO TRANSFORM AND EXPAND PRIMARY CARE IN UNDERSERVED COMMUNITIES TO IMPROVE HEALTH OUTCOMES, REDUCE HEALTHCARE COSTS AND DISPARITIES.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$5,164,951	ExpenseAmt
Grant	$2,491,152	GrantAmt
Revenue	$2,443,823	RevenueAmt
Desc	CAPITAL INVESTMENT: INVESTING IN PRIMARY CARE EXPANSION. PCDC PROVIDES THE CAPITAL AND EXPERTISE TO BUILD, RENOVATE AND EXPAND COMMUNITY-BASED HEALTH FACILITIES SO THAT PROVIDERS CAN DELIVER THE BEST CARE TO THEIR PATIENTS. SINCE ITS FOUNDING IN 1993, PCDC HAS FINANCED 100 PRIMARY CARE PROJECTS VALUED AT $515 MILLION, CREATING PRIMARY CARE ACCESS FOR 765,000 PATIENTS. THIS INVESTMENT HAS IMPROVED 1.06 MILLION SQUARE FEET OF SPACE AND CREATED OR PRESERVED MORE THAN 5,275 JOBS IN LOW-INCOME COMMUNITIES. PCDC STARTED INVESTING IN PRIMARY CARE IN NEW YORK CITY, EXPANDED TO NEW YORK STATE, AND NOW PROVIDES FINANCING IN STATES THROUGHOUT THE U.S. PCDC HAS EXPERIENCED NO LOAN LOSSES IN ITS PORTFOLIO TO DATE, AND HAS RECEIVED AN AAA+2 PERFORMANCE RATING FROM THE CDFI ASSESSMENT AND RATING SYSTEMRECENT CAPITAL INVESTMENT ACCOMPLISHMENTS INCLUDE: BROOKLYN DENTAL CARE EXPANSION ADDRESSING MAJOR DENTAL SHORTAGES, ODA, A BROOKLYN COMMUNITY HEALTH CENTER, WILL BUILD A NEW FACILITY THAT WILL ENABLE THOUSANDS MORE PATIENTS IN BROOKLYN'S WILLIAMSBURG, BUSHWICK AND GREENPOINT NEIGHBORHOODS TO GET QUALITY DENTAL CARE. PCDC PROVIDED $2.5MILLION TO SUPPORT THE $3.4 MILLION PROJECT. THE EXPANDED FACILITY WILL ENABLE 26,000 PATIENT VISITS ANNUALLY BY 2016 (UP FROM 20,000 TODAY). NEW "GREEN" HEALTH CENTER IN EAST HARLEMA $3.8 MILLION LOAN AND $1.5 MILLION GRANT FROM PCDC ENABLED BORIKEN NEIGHBORHOOD HEALTH CENTER TO OPEN A $13.6 MILLION 36,000-SQUARE-FOOT FACILITY IN 2014. THE NEW FACILITY SERVES 15,000 EAST HARLEM PATIENTS AND REPLACES LEASED SPACE ON THE THIRD FLOOR OF A NEARBY APARTMENT COMPLEX. IT IS ONE OF THE FIRST GREEN HEALTH CENTERS IN NEW YORK CITY, USING NATURAL LIGHT AND VENTILATION TO CREATE A HOLISTIC MODEL FOR TOXIN AND ASTHMA TRIGGER-FREE ENVIRONMENTS IN A COMMUNITY WITH SOME OF THE HIGHEST ASTHMA RATES IN THE NATION.COLLABORATIVE FOR HEALTHY COMMUNITIES FINANCES WISCONSIN HEALTH CENTER EXPANSION WITH $12 MILLION IN NEW MARKETS TAX CREDITS, PROGRESSIVE COMMUNITY HEALTH CENTER IN MILWAUKEE, WISCONSIN, BEGAN CONSTRUCTION TO REPLACE THEIR CURRENT PRIMARY CARE CENTER WITH A 42,000SQUARE-FOOT STATE-OF-THE-ART FACILITY TO ADDRESS A SERIOUS LACK OF ACCESS TO QUALITY PRIMARY CARE IN THE REGION. PROGRESSIVE IS ONE OF THE FIRST PROJECTS FINANCED BY THE COLLABORATIVE FOR HEALTHY COMMUNITIES - A PARTNERSHIP FORMED BY PCDC AND TWO OTHER CDFIS (LIIF AND TRF), TOGETHER WITH GOLDMAN SACHS URBAN INVESTMENT GROUP, THE ROCKEFELLER FOUNDATION AND THE KRESGE FOUNDATION. PCDC AWARDED $43 MILLION IN NEW MARKETS TAX CREDITSTHE U.S. TREASURY'S CDFI FUND AWARDED PCDC $43 MILLION IN NEW MARKETS TAX CREDIT (NMTC) ALLOCATIONS, PART OF OVER $3.5 BILLION AWARDED TO 87 COMMUNITY DEVELOPMENT ENTITIES TO JUMP-START INVESTMENTS IN LOW-INCOME COMMUNITIES NATIONWIDE. THE AWARD WILL HELP PCDC INVEST CRITICAL FUNDING FOR PRIMARY CARE FACILITIES IN UNDERSERVED COMMUNITIES THROUGHOUT THE U.S. PCDC RECEIVES $2 MILLION TO INCREASE PRIMARY CARE LENDINGPCDC RECEIVED A $2 MILLION FINANCIAL ASSISTANCE AWARD FROM THE US TREASURY COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND (CDFI FUND) TO SUPPORT ITS EFFORTS TO EXPAND AND TRANSFORM PRIMARY CARE ACCESS ACROSS THE COUNTRY. THE AWARD WAS PART OF A $195 MILLION INITIATIVE TO ENABLE OVER 180 CDFIS ACROSS THE COUNTRY TO INCREASE THEIR LENDING AND INVESTMENTS IN LOW-INCOME AND ECONOMICALLY DISTRESSED COMMUNITIES. WITH THIS SUPPORT, PCDC CAN PROVIDE GREATER ACCESS TO CAPITAL TO COMMUNITY HEALTH CENTERS AND OTHER PRIMARY CARE PRACTICES TO EXPAND IN UNDERSERVED COMMUNITIES. PCDC RE-APPOINTED HRSA NATIONAL COORDINATOR OF LOAN GUARANTEE PROGRAMTHE U.S. HEALTH RESOURCES AND SERVICES ADMINISTRATION (HRSA) REAPPOINTED PCDC AS THE NATIONAL COORDINATOR OF THE HRSA LOAN GUARANTEE PROGRAM. SERVING AS NATIONAL COORDINATOR SINCE 2007, PCDC WORKS WITH LOCAL COMMUNITY LENDERS AND COMMUNITY HEALTH CENTERS TO SECURE A GUARANTEE FOR LOANS. THIS CREDIT ENHANCEMENT INCREASES AVAILABLE CAPITAL SOURCES FOR CHCS AS AND POTENTIALLY LOWERS BORROWING COSTS.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$2,401,712	ExpenseAmt
Grant	$33,635	GrantAmt
Revenue	$2,172,012	RevenueAmt
Desc	PERFORMANCE IMPROVEMENT: STRENGTHENING SERVICE DELIVERY. PCDC PROVIDES CONSULTING, TRAINING AND COACHING SERVICES TO HELP PRACTICES DELIVER PATIENT-CENTERED PRIMARY CARE PCDC HAS PARTNERED WITH MORE THAN 900 PRIMARY CARE ORGANIZATIONS THROUGHOUT THE U.S. TO ADOPT A MODEL OF CARE THAT MAXIMIZES PATIENT ACCESS, MEANINGFUL USE OF HEALTH IT, CARE COORDINATION, PATIENT EXPERIENCE, AND EMERGENCY PLANNING. PCDC'S PERFORMANCE IMPROVEMENT PRACTICE HAS HELPED MORE THAN 7,000 HEALTHCARE STAFF REDESIGN WORKFLOWS/PROCESSES AND ADOPT NEW TECHNOLOGIES TO INCREASE PRODUCTIVITY AND DELIVER HIGHER QUALITY CARE, ENHANCING PRIMARY CARE SERVICES FOR MORE THAN 7 MILLION PATIENTS THROUGHOUT ITS HISTORY. RECENT PERFORMANCE IMPROVEMENT ACCOMPLISHMENTS INCLUDE: 164 PRIMARY CARE PRACTICES NOW PATIENT CENTERED MEDICAL HOMES THE PATIENT-CENTERED MEDICAL HOME (PCMH) IMPROVES ACCESS TO QUALITY PRIMARY CARE AND IS INCREASINGLY SEEN AS ESSENTIAL TO IMPROVING HEALTH AND LOWERING COSTS. PCDC HAS HELPED 164 PRIMARY PRACTICES TO DATE BECOME NCQA-RECOGNIZED PCMH. AMONG THE RECENT PCMH SUCCESSES WERE SAMARITAN MEDICAL CENTER AND BASSETT HEALTHCARE NETWORK IN UPSTATE NEW YORK, NASSAU UNIVERSITY MEDICAL CENTER AND A PRIVATE PRACTICE ON ROOSEVELT ISLAND. RAISING THE MEDICAL HOME BAR: PCDC TOOL ASSESSES READINESS FOR PCMH 2014THE NATIONAL COMMITTEE ON QUALITY ASSURANCE (NCQA) 2014 PCMH STANDARDS RAISED THE BAR ON WHAT IT TAKES TO BE A MEDICAL HOME. PCDC DEVELOPED A FREE PCMH 2014 READINESS ASSESSMENT TOOL TO HELP PRIMARY CARE PRACTICES MAKE INFORMED DECISIONS ABOUT MOVING FORWARD WITH PCMH RECOGNITION. "CARE COORDINATION FUNDAMENTALS" RELEASED BY 1199SEIU TRAINING AND EMPLOYMENT FUNDS, PCDCTHE NEW HEALTH CARE ENVIRONMENT EMPHASIZES TEAM-BASED, COORDINATED CARE, WHERE EVERY MEMBER OF THE STAFF WILL BE INVOLVED IN PATIENT CARE. ADDRESSING THE NEED FOR IMPROVED COORDINATED CARE IN HEALTHCARE DELIVERY SYSTEMS, PCDC AND THE 1199SEIU TRAINING AND EMPLOYMENT FUNDS PUBLISHED THE "CARE COORDINATION FUNDAMENTALS" COURSE FOR HEALTHCARE WORKERS. THE COURSE IS DESIGNED TO HELP HEALTHCARE WORKERS UNDERSTAND AND PARTICIPATE IN NEW AND ADVANCED MODELS OF HEALTHCARE DELIVERY.CARE COORDINATION FOR SAFETY NET PROVIDERS: TOOLS AND LESSONS FROM A FRONT LINE HEALTH HOME EXPERIENCEIN A HEALTH CARE SYSTEM OFTEN DEFINED BY ITS FRAGMENTATION, COORDINATING CARE AMONG PROVIDERS IS ESSENTIAL TO ENSURING PATIENTS GET THE RIGHT CARE, AT THE RIGHT TIME, IN THE RIGHT SETTING. WITH FUNDING FROM THE ALTMAN FOUNDATION, PCDC COLLABORATED WITH THREE COMMUNITY HEALTH CENTERS TO ANALYZE AND IMPROVE CARE COORDINATION IN BROOKLYN AS PART OF THE NEW YORK STATE HEALTH HOMES INITIATIVE. BASED ON THE PROJECT, PCDC DEVELOPED TOOLS AND RECOMMENDATIONS TO HELP HEALTH CARE PROVIDERS EFFECTIVELY COORDINATE PATIENT CARE. CDC TAPS PCDC FOR "HIGH IMPACT HIV PREVENTION"HIV/AIDS CAN NOW BE DIAGNOSED, PREVENTED AND TREATED IN A PRIMARY CARE FACILITY. HOWEVER, MANY PRIMARY CARE FACILITIES LACK THE TRAINING AND CAPACITY TO SERVE THIS POPULATION. U.S. CENTERS FOR DISEASE CONTROL AND PREVENTION (CDC) RECENTLY NAMED PCDC AS A "CAPACITY BUILDING ASSISTANCE FOR HIGH-IMPACT HIV PREVENTION" PROGRAM AWARDEE. THROUGH THIS 5-YEAR NATIONAL HIV PREVENTION PROJECT, PCDC IS HELPING PRIMARY CARE PROVIDERS INTEGRATE AND SUSTAIN THE HIGH IMPACT HIV PREVENTION STRATEGY IN THEIR PRACTICES. INTER-PREGNANCY CARE INITIATIVETHROUGH THIS COLLABORATION WITH LOUISIANA PUBLIC HEALTH INSTITUTE (LPHI), PCDC IS WORKING TO IMPROVE THE HEALTH OF LOW-INCOME WOMEN AND CHILDREN IN THE GREATER NEW ORLEANS AREA BY REDUCING LOW BIRTH WEIGHT AND PRE-TERM DELIVERIES. A MANUAL WILL BE PUBLISHED TO SHARE BEST PRACTICES AND INNOVATIVE PROCESSES DEVELOPED TO ACHIEVE PROJECT GOALS.MEDICAL HOMES FOR SCHOOL-BASED HEALTH CARE PCDC IS COLLABORATING WITH MONTEFIORE'S SCHOOL HEALTH PROGRAM (MSHP) AND THE NEW YORK STATE ALLIANCE FOR SCHOOL-BASED HEALTH CENTERS TO TRANSFORM AND IMPROVE HOW SCHOOL-BASED HEALTH CENTERS (SBHCS) ORGANIZE AND DELIVER PRIMARY HEALTH CARE. FUNDED BY THE ALTMAN FOUNDATION, THE PC-SBHC PROJECT AIMS TO CREATE A THREE-TIERED SYSTEM OF PATIENT-CENTERED QUALITY STANDARDS TO BENCHMARK SERVICES PROVIDED BY SBHCS. HELPING PRIMARY CARE PREPARE FOR EBOLA BECAUSE THE FIRST SIGNS OF EBOLA VIRUS DISEASE (EVD) ARE FLU-LIKE SYMPTOMS, PATIENTS WHO HAVE SUCH SYMPTOMS MAY VISIT THEIR PRIMARY CARE PROVIDER FOR TREATMENT. A CO-LEADER OF THE NEW YORK CITY PRIMARY CARE EMERGENCY PREPAREDNESS NETWORK, PCDC HELPED COORDINATE CITYWIDE EFFORTS TO PREPARE PRIMARY CARE PROVIDERS FOR EBOLA AND OTHER POTENTIAL INFECTIOUS DISEASE OUTBREAKS. STRENGTHENING NURSING HOMESRESPONSIBLE FOR THE CARE OF ONE OF NYC'S MOST VULNERABLE POPULATIONS, NURSING HOME EMERGENCY PREPAREDNESS IS CRUCIAL TO MEETING THE NEEDS OF MANY NEW YORK CITY RESIDENTS. PCDC, UNDER CONTRACT WITH THE NEW YORK CITY DEPARTMENT OF HEALTH AND MENTAL HYGIENE OFFICE OF EMERGENCY PREPAREDNESS AND RESPONSE (NYC DOHMH OEPR), DEVELOPED THE NURSING HOME EMERGENCY MANAGEMENT PROJECT (NHEMP) AND IS TRAINING NURSING HOMES TO CREATE OR ENHANCE THEIR EMERGENCY MANAGEMENT PROTOCOLS.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$499,123	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$0	RevenueAmt
Desc	POLICY AND ADVOCACY: LEADING PRIMARY CARE INITIATIVES. PRIMARY CARE IS NOT ONLY THE CENTERPIECE OF MEANINGFUL HEALTHCARE REFORM, BUT ALSO CONTRIBUTES GREATLY TO ECONOMIC DEVELOPMENT, BETTER HEALTH AND ACROSS THE BOARD HEALTHCARE SAVINGS. AS POLICY LEADERS CONTINUE TO RECOGNIZE THE NEED FOR INVESTMENT IN PRIMARY CARE AS A MEANS TO CONTROL HEALTHCARE COSTS, PCDC CONTINUES TO STRENGTHEN ITS POLICY AND ADVOCACY EFFORTS IN NEW YORK STATE AND BEYOND. OUR POLICY AGENDA INCLUDES WORKING WITH POLICYMAKERS AND STAKEHOLDERS TO:1) PROMOTE THE PATIENT-CENTERED MEDICAL HOME MODEL; 2) EXPAND ACCESS TO CAPITAL FOR PRIMARY CARE EXPANSION;3) STRENGTHEN THE ROLE OF PRIMARY CARE IN HEALTH SYSTEM AND HEALTH PAYMENT REFORM; AND4) STRENGTHEN THE ROLE OF PRIMARY CARE IN SUSTAINING "HEALTHY COMMUNITIES."RECENT POLICY & ADVOCACY ACCOMPLISHMENTS ARE DESCRIBED BELOW: LENDERS COALITION FOR COMMUNITY HEALTH CENTERS (LCCHC) BEGINS TO ADVOCATE PCDC IS AN ORIGINAL FOUNDER AND SITS ON THE STEERING COMMITTEE OF THE LCCHC - 19 CDFIS THAT CAME TOGETHER TO EXPAND ACCESS TO CAPITAL FOR HEALTH CENTERS THROUGH CHANGES IN FEDERAL POLICY. SUPPORTING COMMUNITY HEALTH CENTER FUNDING COMMUNITY HEALTH CENTERS FACE A 70% REDUCTION IN FEDERAL FUNDING STARTING IN 2016 UNLESS CONGRESS PREVENTS THE "HEALTH CENTER FUNDING CLIFF." THIS CUT WOULD UNDERMINE HEALTH CENTERS' ABILITY TO SERVE CURRENT PATIENTS AND EXPAND TO MEET CRITICAL PRIMARY CARE NEEDS. JOINING ADVOCACY EFFORTS LED BY THE NATIONAL ASSOCIATION OF COMMUNITY HEALTH CENTERS AND STATE PRIMARY CARE ASSOCIATIONS, PCDC LED A LCCHC LETTER-WRITING CAMPAIGN TO CONVINCE CONGRESS TO "FIX THE CLIFF" THE POWER OF LEVERAGE: LCCHC WEIGHS IN ON FILLING HEALTH CENTER CAPITAL GAPAN ESTIMATED $10 BILLION IS NEEDED TO HELP HEALTH CENTERS NATIONWIDE MEET THE DEMAND OF THE PRIMARY CARE SHORTAGE. CURRENT PUBLIC FUNDING ALONE CANNOT MEET THESE NEEDS. THE LCCHC IS CALLING FOR FEDERAL POLICIES THAT ENABLE PUBLIC FUNDS TO LEVERAGE PRIVATE SECTOR INVESTMENT. SUCH AN APPROACH CAN STRETCH SCARCE FEDERAL RESOURCES, ATTRACT MORE LENDERS INTO THE MARKET, LOWER BORROWING COSTS AND INCENTIVIZE FQHCS TO DEVELOP PROJECTS WITH GREATER IMPACT ON PATIENTS THAN WOULD BE POSSIBLE OTHERWISE.ENHANCING A FEDERAL CREDIT PROGRAM THE LCCHC IS BEGINNING ADVOCACY TO MAKE CHANGES TO THE HRSA LOAN GUARANTEE PROGRAM, INCLUDING ENSURING A SINGLE STREAMLINED UNDERWRITING PROCESS; ALLOWING FLEXIBILITY IN STRUCTURING LOAN AND GUARANTEE TERMS; ALLOWING THE GUARANTEED PORTION OF LOANS TO BE SOLD ON THE SECONDARY MARKET; AND SEEKING AN APPROPRIATION TO PROVIDE ADDITIONAL SUBSIDY FOR THE PROGRAM TO INCREASE ITS CAPACITY. NEW YORK STATE DELIVERY SYSTEM REFORM INCENTIVE PAYMENT PROGRAM (DSRIP)NEW YORK STATE IS EMBARKING DSRIP - A FIVE-YEAR $6.4 BILLION EFFORT TO REFORM HOW CARE IS PROVIDED TO MEDICAID ENROLLEES AND THE UNINSURED. PCDC HAS PROVIDED CONTINUED ADVOCACY TO ENSURE THAT PRIMARY CARE EXPANSION AND IMPROVEMENT REMAINS A CENTRAL PRIORITY IN THIS EFFORT. PCDC'S EFFORTS HAVE HELPED MAKE SURE THAT PATIENT-CENTERED MEDICAL HOMES ARE CENTRAL TO THIS EFFORT, AND THAT PRIMARY CARE EXPANSION IS PRIORITIZED IN CAPITAL RESTRUCTURING INITIATIVES. NEW YORK STATE INNOVATION MODEL - ADVANCED PRIMARY CAREPCDC WORKED WITH NEW YORK STATE HEALTH OFFICIALS TO HELP SECURE $100 MILLION IN FEDERAL FUNDING FOR A FIVE YEAR "STATE INNOVATION MODEL," WHICH ENVISIONS ENSURING THAT 80% OF NEW YORK STATE RESIDENTS HAVE ACCESS TO AN "ADVANCED PRIMARY CARE" (APC). BUILDING ON THE PRINCIPLES OF THE PCMH, APC ENVISIONS PRIMARY CARE PROVIDERS TAKING RESPONSIBILITY FOR COORDINATING THE COMPLETE HEALTH AND SOCIAL CARE NEEDS OF THEIR PATIENTS IN A COMPREHENSIVE POPULATION HEALTH MANAGEMENT MODEL. GETTING THERE WILL BE CHALLENGING, AND THE PLAN RECOGNIZES THAT PAYMENT REFORM (AMONG ALL PAYERS), TRANSPARENCY OF HEALTH COST AND QUALITY INFORMATION, PUBLIC-PRIVATE PARTNERSHIPS AND TRAINING AND TECHNICAL ASSISTANCE ARE CRITICAL TO ITS SUCCESS.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$93,231	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$0	RevenueAmt
Desc	PCDC'S PRIMARY CARE INNOVATION CIRCLE PROGRAM IS A SALON SERIES THAT BRINGS TOGETHER TOP LEADERS FROM ACROSS THE HEALTHCARE AND COMMUNITY DEVELOPMENT INDUSTRIES TO ENGAGE PROVIDERS, POLICYMAKERS AND INVESTORS IN ROUNDTABLE AND PANEL DISCUSSIONS AROUND KEY ISSUES, CHALLENGES AND OPPORTUNITIES THAT WILL SHAPE THE HEALTHCARE SYSTEM OF THE FUTURE. PCDC CONVENED FOUR INNOVATION CIRCLES IN 2014: "INTEGRATING REPRODUCTIVE HEALTH INTO PRIMARY CARE"REPRODUCTIVE HEALTH IS AN IMPORTANT COMPONENT OF PATIENT-CENTERED PRIMARY CARE AND YET TOO OFTEN IT IS NOT INCLUDED IN ROUTINE CARE. TO EXPLORE THE CHALLENGES AND OPPORTUNITIES, PCDC PARTNERED WITH THE NEW YORK CITY DEPARTMENT OF HEALTH AND MENTAL HYGIENE TO CONVENE A GROUP OF EXPERTS IN THE FIELD OF REPRODUCTIVE HEALTH AND PRIMARY CARE. THE SESSION DEEPENED THE UNDERSTANDING OF THE NEEDS OF PRIMARY CARE PROVIDERS IN PROVIDING AND EXPANDING ACCESS TO COMPREHENSIVE REPRODUCTIVE HEALTH SERVICES AND IDENTIFIED POTENTIAL AREAS FOR WORK, PARTNERSHIP AND ADVOCACY. "FQHCS AND ACCOUNTABLE CARE" WITH 123 NEW ACCOUNTABLE CARE ORGANIZATIONS (ACOS) ANNOUNCED IN 2013 AND MORE THAN 600 PUBLIC AND PRIVATE ACOS THROUGHOUT THE US, COLLABORATIVE CARE NETWORKS ARE AN EMERGING TREND. WITH GOALS TO IMPROVE QUALITY OUTCOMES, IMPROVE THE EXPERIENCE OF CARE AND LOWER COSTS, THE SUCCESS OF THESE NETWORK MODELS DEPEND HEAVILY ON AN EFFECTIVE PRIMARY CARE FOUNDATION. COMMUNITY HEALTH LEADERS, EXECUTIVES FROM MAJOR INSURANCE COMPANIES AND REPRESENTATIVES FROM COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) CONVENED AT THE PRIMARY CARE INNOVATION CIRCLE ROUNDTABLE DISCUSSION, "HEALTH CENTER INVESTING: FQHCS AND ACCOUNTABLE CARE," TO DISCUSS HOW FQHCS CAN PREPARE THEMSELVES TO CREATE, JOIN AND PARTICIPATE IN THESE NEW MODELS OF CARE."THE INTERSECTIONS OF PRIMARY CARE DELIVERY TRANSFORMATION, MEDICAL EDUCATION REFORM AND LEADERSHIP DEVELOPMENT"MORE THAN 60 MILLION AMERICANS LACK ACCESS TO PRIMARY CARE, AND MEDICAL EDUCATIONAL INSTITUTIONS ARE NOT PREPARING ENOUGH HEALTH PROFESSIONALS TO FILL THE PRIMARY CARE GAP. STUDENTS, FACULTY AND PROVIDERS FROM DIFFERENT PROFESSIONS AND PRIMARY CARE DISCIPLINES CAME TOGETHER AT THE NEW YORK ACADEMY OF MEDICINE TO EXPLORE PRIMARY CARE INNOVATIONS AND GAIN A GREATER UNDERSTANDING OF THE SKILLS AND COMPETENCIES NEEDED TO SECURE THE FUTURE OF PRIMARY CARE. "PRIMARY CARE: REFLECTIONS ON PAST, PRESENT AND FUTURE OPPORTUNITIES"AS THE MAJORITY OF CHANGES IN THE AFFORDABLE CARE ACT WENT INTO EFFECT, PCDC BROUGHT TOGETHER ITS CURRENT AND PAST BOARD CHAIRS: NEW YORK ACADEMY OF MEDICINE'S JO IVEY BOUFFORD, MD; NBC UNIVERSAL'S RICK COTTON, NEXERA HEALTHCARE CONSULTING'S BRUCE VLADECK AND CURRENT PCDC CHAIR DANIEL T. MCGOWAN, FOR A PANEL DISCUSSION AT THE NEW YORK ACADEMY OF MEDICINE. OVER 175 ATTENDEES PARTICIPATED IN A CONVERSATION THAT EXPLORED HOW THE MODEL OF PRIMARY CARE IS CHANGING, WHO WILL DELIVER PRIMARY CARE IN THE FUTURE, WHAT WILL NOT HAPPEN WITHOUT INTERVENTION AND HOW WE WILL ENSURE EQUAL ACCESS.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$93,231	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant	$0	TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue	$0	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$8,159,017	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	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	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	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln 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	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	30	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	54	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	Yes (1)	NondeductibleContributionsInd
Nondeductible Contri Discl	Yes (1)	NondeductibleContriDisclInd
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	23	GoverningBodyVotingMembersCnt
Independent Voting Member	23	IndependentVotingMemberCnt
Family Or Business Rln	Yes (1)	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	Yes (1)	InvestmentInJointVentureInd
Written Policy Or Procedure	Yes (1)	WrittenPolicyOrProcedureInd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MICHAEL ROSEN	BusinessNameLine1

Field	Value	IRS element (for citing)
Phone	2124373946	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	45 BROADWAY SUITE 530	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10006	ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (39 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
DANIEL T MCGOWAN
CHAIRMAN	1.50	Yes (X)	Yes (X)	$0	$0	$0
PALOMA HERNANDEZ
VICE-CHAIR	1.50	Yes (X)	Yes (X)	$0	$0	$0
THOMAS J MURPHY
VICE-CHAIR AND TREASURER	1.50	Yes (X)	Yes (X)	$0	$0	$0
KAREN SCOTT
SECRETARY	1.50	Yes (X)	Yes (X)	$0	$0	$0
RAMANATHAN RAJU
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
DONALD L ASHKENASE
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
ALAN AVILES
BOARD MEMBER (FORMER)	1.00	Yes (X)		$0	$0	$0
CLIFF BLEUSTEIN
BOARD MEMBER (FORMER)	1.00	Yes (X)		$0	$0	$0
MAURA CLARK
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
ANDREA COHEN
BOARD MEMBER (FORMER)	1.00	Yes (X)		$0	$0	$0
LOUISE COHEN
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
JAMES F CRYSTAL
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
CALEB DESROSIERS
BOARD MEMBER (FORMER)	1.00	Yes (X)		$0	$0	$0
DANIEL DEY
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
WARRIA A ESMOND
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
THOMAS FARLEY
BOARD MEMBER (FORMER)	1.00	Yes (X)		$0	$0	$0
DAVID A GOULD
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
L NATHAN HARE
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
GARY JACOBS
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
MARK JEZIORSKI
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
MARVIN MARKUS
BOARD MEMBER (FORMER)	1.00	Yes (X)		$0	$0	$0
CHRISTINE QUINN
BOARD MEMBER (FORMER)	1.00	Yes (X)		$0	$0	$0
CAROL RAPHAEL
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
JOHN RUGGE
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
RUTH SALZMAN
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
TANYA SHAH
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
YVETTE TEOFAN
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
MARY BASETT
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
LILLIAM BARRIOS-PAIOLI
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
MELISSA MARK-VIVERITO
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
RONDA KOTELCHUCK
CHIEF EXECUTIVE OFFICER	40.00		Yes (X)	$223,704	$0	$10,988
MICHAEL ROSEN
CFO/COO	40.00		Yes (X)	$192,788	$0	$22,321
THOMAS MANNING
MANAGING DIR., CAPITAL INV	40.00			$172,868	$0	$24,290	Yes (X)
WILLIAM O'BRIEN
CHIEF LENDING OFFICER	40.00			$152,454	$0	$21,097	Yes (X)
NANCY LAGER
DIR. PROJ. PLAN	40.00			$151,428	$0	$14,136		Yes (X)
PETER CUCCHIARA
MANAGING DIR., PERF. IMP.	40.00			$144,444	$0	$30,513		Yes (X)
JAE LEUNG
DIRECTOR OF FINANCE	40.00			$136,010	$0	$22,461		Yes (X)
DANIEL LOWENSTEIN
DIRECTOR OF PUBLIC AFFAIRS	40.00			$138,146	$0	$24,635		Yes (X)
LAURA LEALE
CHIEF DEVELOPMENT OFFICER	40.00			$147,160	$0	$20,326		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,459,002	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$190,767	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	11	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	MANATT PHELPS & PHILLIPS LLP	BusinessNameLine1

Contractor Address ContractorAddress

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	TIMES SQUARE	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10036	ZIPCode

Field	Value	IRS element (for citing)
Services	LEGAL	ServicesDesc
Compensation	$147,842	CompensationAmt

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1	CntrctRcvdGreaterThan100KCnt
Fundraising	$796,836	FundraisingAmt
Government Grants	$2,051,308	GovernmentGrantsAmt
All Other Contributions	$626,204	AllOtherContributionsAmt
Total Contributions	$3,474,348	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PROGRAM FEES	900099	$2,786,657	$2,786,657
INTEREST ON LOANS	900099	$1,829,178	$1,829,178

Field	Value	IRS element (for citing)
Total Program Service Revenue	$4,615,835	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$446,610	TotalRevenueColumnAmt
Exclusion	$446,610	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$58,400	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$58,400	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$14,764,702	SecuritiesAmt
Other	$7,200	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$14,829,952	SecuritiesAmt
Other	$14,650	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	-$65,250	SecuritiesAmt
Other	-$7,450	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$72,700	TotalRevenueColumnAmt
Exclusion	-$72,700	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$157,999	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$796,836	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$158,672	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$673	TotalRevenueColumnAmt
Exclusion	-$673	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	MISCELLANEOUS REVENUE	Desc
Business	900099	BusinessCd
Total Revenue Column	$673	TotalRevenueColumnAmt
Exclusion	$673	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$673	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$8,464,093	TotalRevenueColumnAmt
Related Or Exempt Func Income	$4,615,835	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$373,910	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$2,524,787	TotalAmt
Program Services	$2,524,787	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$927,240	TotalAmt
Program Services	$525,394	ProgramServicesAmt
Management And General	$400,645	ManagementAndGeneralAmt
Fundraising	$1,201	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$2,868,674	TotalAmt
Program Services	$2,195,775	ProgramServicesAmt
Management And General	$420,964	ManagementAndGeneralAmt
Fundraising	$251,935	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$54,994	TotalAmt
Program Services	$43,909	ProgramServicesAmt
Management And General	$9,143	ManagementAndGeneralAmt
Fundraising	$1,942	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$335,797	TotalAmt
Program Services	$233,449	ProgramServicesAmt
Management And General	$77,457	ManagementAndGeneralAmt
Fundraising	$24,891	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$276,877	TotalAmt
Program Services	$202,282	ProgramServicesAmt
Management And General	$55,043	ManagementAndGeneralAmt
Fundraising	$19,552	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$180,319	TotalAmt
Program Services	$175,520	ProgramServicesAmt
Management And General	$4,799	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$51,000	TotalAmt
Management And General	$51,000	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$13,017	TotalAmt
Program Services	$13,017	ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$380,823	TotalAmt
Program Services	$297,241	ProgramServicesAmt
Management And General	$36,980	ManagementAndGeneralAmt
Fundraising	$46,602	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,490	TotalAmt
Program Services	$1,490	ProgramServicesAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$336,073	TotalAmt
Program Services	$211,629	ProgramServicesAmt
Management And General	$50,754	ManagementAndGeneralAmt
Fundraising	$73,690	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$47,124	TotalAmt
Program Services	$35,430	ProgramServicesAmt
Management And General	$8,748	ManagementAndGeneralAmt
Fundraising	$2,946	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$497,882	TotalAmt
Program Services	$351,460	ProgramServicesAmt
Management And General	$109,256	ManagementAndGeneralAmt
Fundraising	$37,166	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$92,199	TotalAmt
Program Services	$86,767	ProgramServicesAmt
Management And General	$3,374	ManagementAndGeneralAmt
Fundraising	$2,058	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$116,980	TotalAmt
Program Services	$97,686	ProgramServicesAmt
Management And General	$15,440	ManagementAndGeneralAmt
Fundraising	$3,854	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$1,205,218	TotalAmt
Program Services	$1,205,218	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$67,837	TotalAmt
Program Services	$47,841	ProgramServicesAmt
Management And General	$14,921	ManagementAndGeneralAmt
Fundraising	$5,075	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$24,800	TotalAmt
Management And General	$24,800	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
OTHER EXPENSE	$68,362	$14,152	$6,394	$47,816
PROGRAM SUPPLIES	$62,507	$58,388	$0	$4,119
DONATIONS/JOURNAL ADS	$30,625	$14,525	$300	$15,800
DUES & SUBSCRIPTIONS	$18,597	$10,762	$7,835	$0

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	-$187,705	TotalAmt
Program Services	-$187,705	ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$9,995,517	TotalAmt
Program Services	$8,159,017	ProgramServicesAmt
Management And General	$1,297,853	ManagementAndGeneralAmt
Fundraising	$538,647	FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$1,605,880	BOYAmt
EOY	$1,420,596	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$4,206,083	BOYAmt
EOY	$1,547,680	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$822,151	BOYAmt
EOY	$586,301	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$31,678,086	BOYAmt
EOY	$25,287,514	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$332,675	BOYAmt
EOY	$492,282	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$866,876	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$583,658	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$110,709	BOYAmt
EOY	$283,218	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$10,567,476	BOYAmt
EOY	$9,344,635	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$15,420,822	BOYAmt
EOY	$13,064,990	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$565,291	BOYAmt
EOY	$576,031	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$7,628,581	BOYAmt
EOY	$6,147,924	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$72,937,754	BOYAmt
EOY	$58,751,171	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$488,447	BOYAmt
EOY	$854,969	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$20,714,844	BOYAmt
EOY	$9,768,107	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$7,863,640	BOYAmt
EOY	$7,863,640	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$7,738,627	BOYAmt
EOY	$6,157,081	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$36,805,558	BOYAmt
EOY	$24,643,797	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$15,070,531	BOYAmt
EOY	$15,823,122	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$21,061,665	BOYAmt
EOY	$18,284,252	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$36,132,196	BOYAmt
EOY	$34,107,374	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$72,937,754	BOYAmt
EOY	$58,751,171	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	-$1,531,424	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$2,591	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$490,807	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	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	$5,068,567	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,854,767	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,524,082	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,306,205	CurrentTaxYearMinus1YearAmt
Current Tax Year	$3,474,348	CurrentTaxYearAmt
Total	$18,227,969	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$5,068,567	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,854,767	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,524,082	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,306,205	CurrentTaxYearMinus1YearAmt
Current Tax Year	$3,474,348	CurrentTaxYearAmt
Total	$18,227,969	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$417,185	SubstantialContributorsTotAmt
Public Support Total170	$17,810,784	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$960,987	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$823,132	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$520,824	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$524,313	CurrentTaxYearMinus1YearAmt
Current Tax Year	$505,010	CurrentTaxYearAmt
Total	$3,334,266	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	$77,262	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$358	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$244	CurrentTaxYearMinus1YearAmt
Current Tax Year	$672	CurrentTaxYearAmt
Total	$78,536	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$21,640,771	TotalSupportAmt
Gross Receipts Rltd Activities	$23,002,859	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.82300	PublicSupportCY170Pct
Public Support PY170	0.85300	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

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)
Volunteers	0	VolunteersInd
Paid Staff Or Management	Yes (1)	PaidStaffOrManagementInd
Media Advertisements	0	MediaAdvertisementsInd
Mailings Members	0	MailingsMembersInd
Publications Or Broadcast	0	PublicationsOrBroadcastInd
Grants Other Organizations	0	GrantsOtherOrganizationsInd
Direct Contact Legislators	Yes (1)	DirectContactLegislatorsInd
Direct Contact Legislators	$56,504	DirectContactLegislatorsAmt
Rallies Demonstrations	0	RalliesDemonstrationsInd
Other Activities	0	OtherActivitiesInd
Total Lobbying Expenditures	$56,504	TotalLobbyingExpendituresAmt
Not Described Section501c3	0	NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART II-B, LINE 1:	FormAndLineReferenceDesc
Explanation	INCLUDED ARE DIRECT EXPENSES RELATED TO LOBBYING ACTIVITIES SUCH AS SALARIES AND RELATED TRAVEL AND SUPPLIES.	ExplanationTxt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$326,505	OtherCostOrOtherBasisAmt
Depreciation	$323,223	DepreciationAmt
Book Value	$3,282	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$180,777	OtherCostOrOtherBasisAmt
Depreciation	$135,227	DepreciationAmt
Book Value	$45,550	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$359,594	OtherCostOrOtherBasisAmt
Depreciation	$125,208	DepreciationAmt
Book Value	$234,386	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$283,218	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

Field	Value	IRS element (for citing)
Desc	MONEY MARKET	Desc
Book Value	$13,064,990	BookValueAmt
Method Valuation	F	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Securities	$13,064,990	TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDesc	Book ValueBookValueAmt
RESTRICTED LEASE PAYMENTS (NET)	$676,278
RESTRICTED RESERVES	$5,471,646

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$6,147,924	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDesc	AmtAmt
RESERVES AND DEPOSITS PAYABLE	$5,471,646
DEFERRED RENT	$9,157
DUE TO NEW YORK CITY BOND PROGRAM	$676,278

Field	Value	IRS element (for citing)
Total Liability	$6,157,081	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$9,014,700	TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts	$1,400	DonatedServicesAndUseFcltsAmt
Other Revenue	$549,207	OtherRevenueAmt
Revenue Not Reported	$550,607	RevenueNotReportedAmt
Revenue Subtotal	$8,464,093	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$8,464,093	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$10,057,908	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$1,400	DonatedServicesUseFcltsAmt
Other Expenses Included	$60,991	OtherExpensesIncludedAmt
Expenses Not Reported	$62,391	ExpensesNotReportedAmt
Expenses Subtotal	$9,995,517	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$9,995,517	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART X, LINE 2:	PCDC HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2014 AND 2013 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. PCDC IS NO LONGER SUBJECT TO FEDERAL OR STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2011.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	RENTAL REVENUE 58,400. WRITE OFF OF OLD GRANTS 490,807.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	RENTAL EXPENSE 58,400. UNREALIZED LOSS ON INVESTMENTS 2,591.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Name Of Event1	GALA	NameOfEvent1Amt
Gross Receipts Event1	$805,781	GrossReceiptsEvent1Amt
Charitable Contri Event1	$674,382	CharitableContriEvent1Amt
Gross Revenue Event1	$131,399	GrossRevenueEvent1Amt
Rent Facility Costs Event1	$121,429	RentFacilityCostsEvent1Amt
Other Direct Expenses Event1	$2,713	OtherDirectExpensesEvent1Amt
Name Of Event2	20TH ANNIVERSARY	NameOfEvent2Amt
Gross Receipts Event2	$149,054	GrossReceiptsEvent2Amt
Charitable Contri Event2	$122,454	CharitableContriEvent2Amt
Gross Revenue Event2	$26,600	GrossRevenueEvent2Amt
Rent Facility Costs Event2	$34,530	RentFacilityCostsEvent2Amt
Gross Receipts Total	$954,835	GrossReceiptsTotalAmt
Charitable Contributions Tot	$796,836	CharitableContributionsTotAmt
Gross Revenue Total Events	$157,999	GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events	$155,959	RentFcltyCostsTotalEventsAmt
Oth Direct Expnss Total Events	$2,713	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$158,672	DirectExpenseSummaryEventsAmt
Net Income Summary	-$673	NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (10 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Purpose Of GrantPurposeOfGrantTxt	Address Line2USAddress/AddressLine2
BROWNSVILLE MULTI-SERVICE
592 ROCKAWAY AVENUE	NEW YORK	NY	11212	112544630	501(C)(3)	$37,834	CAPITAL PROJECT GRANT
EAST HARLEM COUNCIL FOR HUMAN SERVICES INC
2253 THIRD AVENUE 3RD FLOOR	NEW YORK	NY	10035	136213532	501(C)(3)	$659,699	CAPITAL PROJECT GRANT
HUDSON RIVER HEALTH CARE INC
1037 MAIN STREET	PEEKSKILL	NY	10566	132828349	501(C)(3)	$178,061	CAPITAL PROJECT GRANT
FAMILY HEALTH NETWORK OF CENTRAL NEW YORK
17 MAIN STREET SUITE 302	CORTLAND	NY	13045	161133983	501(C)(3)	$50,780	CAPITAL PROJECT GRANT
(no name)
							CAPITAL PROJECT GRANT
(no name)
							CAPITAL PROJECT GRANT
HARLEM UNITED COMMUNITY AIDS CENTER INC
306 LENOX AVE THIRD FLOOR	NEW YORK	NY	10027	133461695	501(C)(3)	$855,000	CAPITAL PROJECT GRANT
FINGER LAKES MIGRANT HEALTH CARE PROJECT INC
14 MAIDEN LANE PO 423	PENN YAN	NY	14527	161581104	501(C)(3)	$252,495	CAPITAL PROJECT GRANT
HOUSING WORKS
57 WILOUGHBY ST 2ND FL	BROOKLYN	NY	11201	133584089	501(C)(3)	$177,283	CAPITAL PROJECT GRANT
MORIS HEIGHTS HEALTH CENTER
HARRISON CIRCLE 57-69 WEST BURNSIDE	BRONX	NY	10453	061081232	501(C)(3)	$280,000	CAPITAL PROJECT GRANT	AVENUE

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	CHC CAPITAL GRANT PROGRAM - MONITORING & GRANT DISBURSEMENT PCDC IS ADMINISTERING THE CHC CAPITAL GRANT PROGRAM ON BEHALF OF THE STATE OF NEW YORK, UNDER THE AUSPICES OF THE NEW YORK STATE DEPARTMENT OF HEALTH. MONITORING: DURING THE COURSE OF THE DEVELOPMENT OF THE FACILITY CAPITAL PROJECTS BEING UNDERTAKEN BY THE CHC CAPITAL GRANT AWARDEES, WHICH CAN TAKE FROM SEVERAL MONTHS TO SEVERAL YEARS DEPENDING ON THE NATURE AND SIZE OF THE PROJECT, PCDC STAFF MONITOR PROJECT DEVELOPMENT STATUS, AS A WHOLE AND WITH PARTICULAR ATTENTION TO DEVELOPMENT, REGULATORY APPROVAL AND FUNDING-RELATED MILESTONES. AWARDEES ARE REQUIRED TO SUBMIT QUARTERLY REPORTS. DISBURSEMENT: AWARDEES' ANTICIPATED BUDGETS AND PROJECT DEVELOPMENT TIMEFRAMES WERE INCORPORATED IN THE CHC CAPITAL GRANT AWARD CONTRACTS. PCDC REVIEWS AWARDEES' MODIFICATION REQUESTS BASED ON PROJECT CHANGES THAT MAY OCCUR DURING THE COURSE OF DEVELOPMENT. AWARDEES ARE PERMITTED TO SUBMIT DISBURSEMENT REQUESTS AS OFTEN AS MONTHLY FOR EXPENDITURES PAID OR INCURRED BUT YET TO BE PAID. AWARDEES ARE REQUIRED TO SUBMIT AN UPDATED SPENDING PLAN WITH EACH DISBURSEMENT REQUEST ALONG WITH APPROPRIATE DOCUMENTATION. PCDC STAFF REVIEW THE DISBURSEMENT REQUEST AND DOCUMENTATION, APPROVE BUDGET MODIFICATIONS AS NEEDED TO REFLECT ACTUAL SPENDING, AND MAKE DISBURSEMENTS. PCDC MAY WITHHOLD ALL OR A PORTION OF FUNDING UNTIL CERTAIN MILESTONES ARE MET AND/OR THE PROJECT IS COMPLETE. AWARDEES ARE REQUIRED TO SUBMIT A FINAL REPORT IN ORDER TO RECEIVE FINAL DISBURSEMENT. PROJECT STIPEND GRANTS: PROJECT STIPEND GRANTS ARE AWARDED IN CONNECTION TO NYC DEPARTMENT OF HEALTH AND MENTAL HYGIENE (NYC DOHMM)-SPONSORED EMERGENCY PREPAREDNESS TRAINING PROGRAM THAT IMPROVES THE CAPACITY OF NURSING HOME FACILITIES AND/OR NURSING HOME NETWORKS LOCATED IN NEW YORK CITY TO RESPOND TO PUBLIC HEALTH EMERGENCIES. PARTICIPATING NURSING HOMES ARE ELIGIBLE FOR A STIPEND GRANT OF UP TO $2,000 TO DEFRAY COSTS OF PURCHASING SUPPLIES FROM A STANDARD EMERGENCY MANAGEMENT OPERATION (EOC) LIST. DURING THE FISCAL YEAR 2014, PROGRAM STAFF AT PCDC WORKED WITH PARTICIPATING STIES TO SECURE APPROPRIATE SUPPLIES ELIGIBLE FOR GRANT REIMBURSEMENTS. INVOICES DETAILING EOC SUPPLIES EXPENSES INCURRED BY PARTICIPANTS WERE REVIEWED AND AUDITED BY PCDC STAFF BEFORE THEY WERE FORWARDED TO NYC DOHMM FOR REVIEW. STIPEND CHECKS WERE DISBURSED ONCE DOHMM APPROVAL WAS GRANTED	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	Yes (X)	CompensationCommitteeInd
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 (9 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
RONDA KOTELCHUCK
CHIEF EXECUTIVE OFFICER	$223,704	$0	$0	$0	$0	$0	$6,743	$0	$4,245	$0	$234,692	$0	$0	$0
MICHAEL ROSEN
CFO/COO	$192,788	$0	$0	$0	$0	$0	$5,962	$0	$16,359	$0	$215,109	$0	$0	$0
THOMAS MANNING
MANAGING DIR., CAPITAL INV	$172,868	$0	$0	$0	$0	$0	$5,421	$0	$18,869	$0	$197,158	$0	$0	$0
WILLIAM O'BRIEN
CHIEF LENDING OFFICER	$152,454	$0	$0	$0	$0	$0	$720	$0	$20,377	$0	$173,551	$0	$0	$0
NANCY LAGER
DIR. PROJ. PLAN	$151,428	$0	$0	$0	$0	$0	$4,568	$0	$9,568	$0	$165,564	$0	$0	$0
PETER CUCCHIARA
MANAGING DIR., PERF. IMP.	$144,444	$0	$0	$0	$0	$0	$4,613	$0	$25,900	$0	$174,957	$0	$0	$0
JAE LEUNG
DIRECTOR OF FINANCE	$136,010	$0	$0	$0	$0	$0	$4,170	$0	$18,291	$0	$158,471	$0	$0	$0
DANIEL LOWENSTEIN
DIRECTOR OF PUBLIC AFFAIRS	$138,146	$0	$0	$0	$0	$0	$4,320	$0	$20,315	$0	$162,781	$0	$0	$0
LAURA LEALE
CHIEF DEVELOPMENT OFFICER	$147,160	$0	$0	$0	$0	$0	$0	$0	$20,326	$0	$167,486	$0	$0	$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (16 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2	DR. THOMAS FARLEY, WAS COMMISSIONER OF NYC DEPARTMENT OF HEALTH AND MENTAL HYGIENE THROUGH DECEMBER 2013 AND MS. ANDREA COHEN, WAS THE DIRECTOR OF HEALTH SERVICES WITH THE NYC DEPARTMENT OF HEALTH AND HUMAN SERVICES THROUGH DECEMBER 2013. BOTH SERVED AS VOTING MEMBERS ON THE BOARD OF THE NYC HEALTH AND HOSPITALS CORPORATION, IN WHICH ALAN AVILES WAS PRESIDENT UNTIL DECEMBER 2013.
FORM 990, PART VI, SECTION A, LINE 2	DR. MARY BASSETT, IS THE COMMISSIONER OF NYC DEPARTMENT OF HEALTH AND MENTAL HYGIENE SINCE JANUARY 2014 AND MS. LILLIAM BARRIOS-PAIOLI IS THE DEPUTY MAYOR FOR NYC HEALTH AND HUMAN SERVICES SINCE JANUARY 2014. BOTH SERVE AS VOTING MEMBERS ON THE BOARD OF THE NYC HEALTH AND HOSPITALS CORPORATION, IN WHICH MR. RAMANATHAN RAJU IS PRESIDENT SINCE JANUARY 2014.
FORM 990, PART VI, SECTION A, LINE 2	DR. KAREN SCOTT'S HUSBAND HAS A DIRECT REPORTING RELATIONSHIP TO MR. ALAN AVILES (MR. RAMANATHAN RAJU) AT NYC HEALTH AND HOSPITALS CORPORATION.
FORM 990, PART VI, SECTION A, LINE 2	FORMER BOARD MEMBER MR. CLIFF BLEUSTEIN AND MR. GARY JACOBS ARE BOTH EMPLOYED BY PRICE WATERHOUSE BUT THEY HAVE NO REPORTING RELATIONSHIP.
FORM 990, PART VI, SECTION A, LINE 2	DR. JOHN RUGGE WAS ON THE INITIAL BOARD OF HEALTH REPUBLIC INSURANCE, A NON-PROFIT COOPERATIVE INSURANCE COMPANY UNDER THE ACA. MR. DAN MCGOWAN WAS THE FIRST PRESIDENT AND CEO OF HEALTH REPUBLIC UNTIL JULY 2013.
FORM 990, PART VI, SECTION A, LINE 2	MS. PALOMA HERNANDEZ AND DR. JOHN RUGGE HAVE A BUSINESS RELATIONSHIP RELATED TO THE 340B PROGRAM. MS. PALOMA HERNANDEZ, IS THE CEO OF URBAN HEALTH PLAN WHERE THEY HAD A NMTC TRANSACTION WITH GOLDMAN SACHS. MR. MARVIN MARCUS IS EMPLOYED BY GOLDMAN SACHS BUT HE IS NOT PART OF THE TRANSACTION.
FORM 990, PART VI, SECTION A, LINE 2	MR. DANIEL T. DEY, CEO OF NORTHERN OSWEGO COUNTY HEALTH SERVICES, HAS BUSINESS RELATIONSHIPS WITH MS. PALOMA HERNANDEZ, MR. LARAY BROWN, DR. JOHN RUGGE AND DR. WARRIA ESMOND THROUGH HIS ORGANIZATION.
FORM 990, PART VI, SECTION A, LINE 2	MS. PALOMA HERNANDEZ SERVES ON A BOARD WITH MR. DANIEL DEY, DR. WARRIA ESMOND, AND MR. CALEB DE ROSIERS.
FORM 990, PART VI, SECTION B, LINE 11	THE 990 IS PREPARED BY PCDC'S CFO AND DIRECTOR OF FINANCE AND REVIEWED BY PCDC'S INDEPENDENT ACCOUNTING FIRM. THE 990 IS THEN REVIEWED BY THE FINANCE COMMITTEE. UPON APPROVAL OF THE FINANCE COMMITTEE, THE 990 IS PRESENTED TO THE BOARD OF DIRECTORS. THE RETURN IS CIRCULATED TO THE BOARD OF DIRECTORS IN ADVANCE OF THE MEETING. AFTER APPROVAL THE RETURN IS FILED WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	EACH YEAR BOARD MEMBERS REVIEW PCDC'S WRITTEN POLICY AND ATTEST THAT THEY HAVE READ AND WILL ABIDE BY THE POLICY BY SIGNING AN ANNUAL AFFIRMATION OF POLICY ON INTERESTED DIRECTORS. WHEN A DIRECTOR OF PCDC HAS AN INTEREST IN A PCDC MATTER THAT DIRECTOR DISCLOSES THEIR INTEREST TO THE BOARD PRIOR TO ANY DISCUSSION OR VOTE REGARDING THE MATTER; AND THE INTERESTED DIRECTOR ABSENTS HIM OR HERSELF FROM THE DISCUSSION AND/OR VOTES CONCERNING THE MATTER. CONFLICTS ARE REPORTED IN THE BOARD MINUTES. A LIST OF BOARD MATTERS IS COMPILED ANNUALLY FOR BOARD MEMBERS TO REVIEW AND REAFFIRM THEIR DISCLOSURE (S) DURING THE YEAR. SIMILARLY ALL EMPLOYEES OF PCDC ANNUALLY REVIEW PCDC'S CONFIDENTIALITY AND CONFLICT OF INTEREST POLICIES AND SIGN A STATEMENT ACKNOWLEDGING THEY HAVE RECEIVED, READ AND WILL ABIDE BY THE POLICIES. ANY CONFLICT OF INTERESTS ARE REQUIRED TO BE IMMEDIATELY DISCLOSED TO THE CHIEF EXECUTIVE OFFICER.
FORM 990, PART VI, SECTION B, LINE 15	COMPENSATION FOR THE CHIEF EXECUTIVE OFFICER (CEO), CHIEF FINANCIAL OFFICER (CFO) AND SENIOR MANAGEMENT ARE REVIEWED BY THE GOVERNANCE COMMITTEE (GC). RECOMMENDATION OF OFFICERS' COMPENSATION IS MADE BY THE GC TO THE BOARD FOR ITS DISCUSSION AND APPROVAL. THE GC PROPOSES COMPENSATION AND DETERMINES THE REASONABLENESS OF RECOMMENDED COMPENSATION IN A PROCESS THAT INCLUDES PERFORMANCE APPRAISALS AND THE REVIEW OF A REPORT PREPARED BY PCDC'S HUMAN RESOURCE CONSULTANT. THE REPORT IS A COMPENSATION SURVEY BASED ON MARKET ANALYSIS AND COMPARISON OF 990S FROM OTHER ORGANIZATIONS WITH SIMILAR MISSIONS, PROGRAMS, BALANCE SHEETS, AND BUDGETS. THE BOARD MAKES THE FINAL DECISION IN EXECUTIVE SESSION WITH NO STAFF PRESENT. KEY EMPLOYEE COMPENSATION IS REVIEWED BY THE CEO AND CFO ANNUALLY AND IS BASED PRIMARILY ON PERFORMANCE APPRAISALS. KEY EMPLOYEE COMPENSATION IS REVIEWED BY BOARD COMMITTEE AS WELL.
FORM 990, PART VI, SECTION C, LINE 19	PCDC'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. ITS TAX RETURNS INCLUDING FINANCIAL STATEMENTS ARE AVAILABLE TO PUBLIC ONLINE THROUGH GUIDESTAR AND NYS CHARITIES BUREAU'S WEBSITE. PCDC ALSO PUBLISHES NOTICES OF AVAILABILITY OF ITS TAX RETURNS WITH NEW YORK LAW JOURNAL.
FORM 990, PART IX, LINE 24D:	PROVISIONS FOR LOAN LOSS RESERVES IMPACT PCDC'S OPERATING EXPENSES. THE LLR RESERVE REQUIREMENT IS A RISK-BASED CALCULATION USING AN INTERNAL RATING SYSTEM. THE BORROWER IS SCORED USING A MATRIX OF RISK CRITERIA. THE RATING FOR EACH BORROWER IS REVIEWED QUARTERLY BY THE CHIEF CREDIT OFFICER TO DETERMINE WHETHER OR NOT RESERVE ADJUSTMENTS ARE REQUIRED. UNDER CERTAIN CIRCUMSTANCES, THE NON-CASH PROVISION FOR RESERVES IS REDUCED WHICH RESULTS IN A REDUCTION OF OPERATING EXPENSES. IN 2014, LOAN LOSS RESERVES WERE REDUCED BY $187,705.
FORM 990, PART XI, LINE 9:	WRITE OFF OF OLD GRANTS -490,807.
FORM 990, PART XII, LINE 2C:	HAS NOT BEEN CHANGED FROM THE PRIOR YEAR.
SCHEDULE R - PART III	IN OCTOBER 2007, PCDC WAS AWARDED A $40 MILLION NEW MARKETS TAX CREDIT ("NMTC") ALLOCATION TO FINANCE THE CONSTRUCTION OF HEALTH CENTERS IN LOW INCOME COMMUNITIES IN NEW YORK STATE. THE PROGRAM, ADMINISTERED BY THE COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND ("CDFI FUND"), A BRANCH OF THE U.S. DEPARTMENT OF THE TREASURY, REQUIRES THAT NONPROFIT AWARD RECIPIENTS CREATE A FOR-PROFIT ENTITY OR ENTITIES THROUGH WHICH THE TAX CREDIT ALLOCATION FLOWS. IN MARCH 2008, PCDC CREATED FOUR SUCH ENTITIES (PCDC EMPIRE STATE HEALTH OPPORTUNITIES FUND I-IV, LLC), ALL OF WHICH ARE MULTI-MEMBER LIMITED LIABILITY COMPANIES. IN 2014, PCDC WAS AWARDED AN ADDITIONAL $43 MILLION NMTC ALLOCATION. IN JUNE 2014, PCDC HEALTH OPPORTUNITIES FUND V-VII LLC WERE CREATED BY PCDC. AS OF JUNE 30, 2014, PCDC HEALTH OPPORTUNITIES FUND LLC'S IV- VII REMAIN INACTIVE. ON JULY 30, 2009, PCDC SIGNED AN INVESTMENT AGREEMENT WITH HSBC BANK USA ("HSBC"). AT THAT TIME, HSBC RETAINED A 99.99% OWNERSHIP INTEREST IN PCDC EMPIRE STATE HEALTH OPPORTUNITIES FUND I, LLC ("LLC I"). PCDC RETAINS A 0.01% OWNERSHIP INTEREST AND WILL REMAIN THE MANAGING MEMBER. FOR EACH NMTC LOAN (KNOWN AS A "QUALIFIED LOW-INCOME COMMUNITY INVESTMENT" OR QLICI) CLOSED WITH LLC I, PCDC WAS REQUIRED TO FUND A RESERVE IN THE MINIMUM AMOUNT OF SIX (6) MONTHS OF DEBT SERVICE PAYMENT. THE RESERVE WILL BE AVAILABLE TO COVER SHORTFALLS IN PAYMENTS UNDER APPROVED QLICIS. AS MANAGING MEMBER, PCDC MADE MEMBER LOANS TO LLC I TO COVER START-UP EXPENSES. DURING THE YEAR ENDED JUNE 30, 2012, HSBC AND PCDC AGREED TO CONVERT $730,188 OF MEMBER LOANS AND ACCOUNTS RECEIVABLE THAT WERE PREVIOUSLY ADVANCED BY PCDC TO EQUITY CONTRIBUTIONS TO LLC I. THE MEMBER LOAN RECEIVABLE BALANCE OF $132,030 REMAINING WAS FULLY REPAID DURING FISCAL YEAR 2013 WHEN THE FINAL QUALIFIED EQUITY INVESTMENT ("QEI") WAS MADE BY HSBC. THE ADDITIONAL EQUITY CONTRIBUTION WILL NOT ALTER THE INTENDED PERCENTAGE OF PCDC'S OWNERSHIP INTERESTS. PCDC'S TOTAL EQUITY CONTRIBUTIONS IN THE LLC I WILL BE FULLY REPAID OVER A PERIOD OF 17 YEARS THROUGH THE OPERATING REVENUES GENERATED. IN MARCH 2012, PCDC ENTERED INTO AN OPERATING AGREEMENT WITH TD BANK, N.A. ("TD BANK"). TD BANK BECAME THE 99.99% INVESTOR MEMBER OF THE PCDC EMPIRE STATE HEALTH OPPORTUNITIES FUND III, LLC ("LLC III") AND AS SUCH, PROVIDED THE NECESSARY QEI. PCDC IS THE MANAGING MEMBER AT 0.01% OWNERSHIP INTEREST. PCDC EMPIRE STATE HEALTH OPPORTUNITIES FUND II, LLC BECAME ACTIVE IN AUGUST 2012 WHEN PCDC ENTERED INTO AN OPERATING AGREEMENT WITH JP MORGAN CHASE BANK, N.A. ("CHASE"). PURSUANT TO THE AGREEMENT, CHASE WAS THE 99.99% INVESTOR MEMBER MAKING THE QEI TO THE LLC WHILE PCDC REMAIN AS THE MANAGING MEMBER AT 0.01% OWNERSHIP INTEREST. PER SEPARATE INDEMNIFICATION AGREEMENTS WITH EACH INVESTOR, PCDC AGREES TO INDEMNIFY INVESTORS WHEN THERE IS A LOSS OF NEW MARKET TAX CREDITS RELATED TO THE QEI MADE IN THE LLC TRIGGERED BY CERTAIN RECAPTURE EVENTS AS DEFINED UNDER THE INTERNAL REVENUE CODE. THE INDEMNIFICATION AMOUNTS VARY WITH EACH AGREEMENT. UNDER PCDC'S AGREEMENT WITH HSBC, THE MAXIMUM EXPOSURE WILL BE 3% OF THE QEI MADE. UNDER ITS AGREEMENTS WITH TD BANK AND CHASE, PCDC'S EXPOSURE WILL NOT EXCEED FEES PAID OR PAYABLE TO PCDC OVER THE 7 YEAR COMPLIANCE PERIOD. ABSENT GROSS OR WILLFUL MISCONDUCT, PCDC'S LIABILITY IS SUBJECT TO THE AFOREMENTIONED INDEMNIFICATION LIMIT IN EACH AGREEMENT WITH AN ESTIMATED AMOUNT TOTALING TO $1.2M. PCDC HAS SYSTEMATIC MONITORING PROCEDURES IN PLACE TO AVOID RECAPTURE EVENTS THROUGH TRACKING AND TESTING OF TRANSACTION PAYMENTS, REVIEW OF QUARTERLY FINANCIAL STATEMENTS, CONFIRMATION OF COMPLIANCE CERTIFICATES AND REGULAR MEETINGS OF THE NMTC ADVISORY BOARD. AS MANAGING MEMBERS OF LLC I, II, AND III, PCDC IS ENTITLED TO FINANCING AND LOAN SERVICING FEES. UNDER THE TERMS OF THE OPERATING AGREEMENTS IN LLC I, II AND III, PCDC MADE A PROPORTIONAL EQUITY CONTRIBUTION BASED ON EACH QEI AND PCDC'S .01% MEMBERSHIP INTEREST FOR THE QEI. AS OF JUNE 30, 2014, PCDC'S NET EQUITY CONTRIBUTION IN LLC I, II AND LLC III AMOUNTED TO $731,214, $920 AND $1,982, RESPECTIVELY. AS OF JUNE 30, 2013, PCDC'S NET EQUITY CONTRIBUTIONS IN LLC I, II, AND III AMOUNTED TO $731,214, $951 AND $1,990, RESPECTIVELY. AS OF JUNE 30, 2014 AND 2013, THE NET PRESENT VALUE OF PCDC'S EQUITY CONTRIBUTIONS WAS REPORTED AS INVESTMENTS IN LLCS AT APPROXIMATELY $575,000 AND $565,000 RESPECTIVELY, USING DISCOUNT RATES RANGING FROM 0.88% TO 3.80% IN THE ACCOMPANYING FINANCIAL STATEMENTS. IN DECEMBER, 2013 PCDC ENTERED INTO AN AGREEMENT WITH TWO OTHER CDFI'S TO FORM HEALTHCO PARTICIPANT, LLC ("HEALTHCO") AS A FINANCING VEHICLE TO PROVIDE INDIRECT FACILITY FINANCING FOR FEDERALLY QUALIFIED HEALTHCARE CENTERS. PCDC IS ONE OF THREE EQUAL MEMBERS AT 33.33%. UNDER THE LIMITED LIABILITY COMPANY AGREEMENT, ANY INCOME OR EXPENSE OF HEALTHCO IS SHARED EQUALLY BY THE THREE MEMBERS. AT JUNE 30, 2014, PCDC'S INVESTMENT IN HEALTHCO OF $500 WAS REPORTED IN THE ACCOMPANYING FINANCIAL STATEMENTS AS INVESTMENTS IN LLCS.

Schedule R IRS990ScheduleR

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (13 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Predominant Income TypePredominantIncomeTypeTxt	Share Of EOY AssetsShareOfEOYAssetsAmt	Disproportionate AllocationsDisproportionateAllocationsInd	General Or Managing PartnerGeneralOrManagingPartnerInd	OwnershipOwnershipPct	Share Of Total IncomeShareOfTotalIncomeAmt
PCDC EMPIRE STATE HEALTH I
C/O PCDC 45 BROADWAY	NEW YORK	NY	10006	262054468	NEW MARKET FUNDS	NY	RELATED	$731,221	0	Yes (1)	0.00010
PCDC EMPIRE STATE HEALTH II
C/O PCDC 45 BROADWAY	NEW YORK	NY	10006	262054556	NEW MARKET FUNDS	NY	RELATED	$971	0	Yes (1)	0.00010	$32
PCDC EMPIRE STATE HEALTH III
C/O PCDC 45 BROADWAY	NEW YORK	NY	10006	262054665	NEW MARKET FUNDS	NY	RELATED	$1,986	0	Yes (1)	0.00010	$9
PCDC EMPIRE STATE HEALTH IV
C/O PCDC 45 BROADWAY	NEW YORK	NY	10006	262054736	NEW MARKET FUNDS	NY	RELATED		0	Yes (1)	1.00000
PCDC HEALTH OPP FUND 5
C/O PCDC 45 BROADWAY	NEW YORK	NY	10006	471122026	NEW MARKET TAX CREDIT	NY	RELATED		0	Yes (1)	1.00000
PCDC HEALTH OPP FUND 6
C/O PCDC 45 BROADWAY	NEW YORK	NY	10006	471147896	NEW MARKET TAX CREDIT	NY	RELATED		0	Yes (1)	1.00000
PCDC HEALTH OPP FUND 7
C/O PCDC 45 BROADWAY	NEW YORK	NY	10006	471150721	NEW MARKET TAX CREDIT	NY	RELATED		0	Yes (1)	1.00000
PCDC HEALTH OPP FUND 8
C/O PCDC 45 BROADWAY	NEW YORK	NY	10006	471160866	NEW MARKET TAX CREDIT	NY	RELATED		0	Yes (1)	1.00000
PCDC HEALTH OPP FUND 9
C/O PCDC 45 BROADWAY	NEW YORK	NY	10006	471174154	NEW MARKET TAX CREDIT	NY	RELATED		0	Yes (1)	1.00000
PCDC HEALTH OPP FUND 10
C/O PCDC 45 BROADWAY	NEW YORK	NY	10006	471186012	NEW MARKET TAX CREDIT	NY	RELATED		0	Yes (1)	1.00000
PCDC HEALTH OPP FUND 11
C/O PCDC 45 BROADWAY	NEW YORK	NY	10006	471197703	NEW MARKET TAX CREDIT	NY	RELATED		0	Yes (1)	1.00000
PCDC HEALTH OPP FUND 12
C/O PCDC 45 BROADWAY	NEW YORK	NY	10006	471150721	NEW MARKET TAX CREDIT	NY	RELATED		0	Yes (1)	1.00000
HEALTHCO PARTICIPANT LLC
C/O PCDC 45 BROADWAY	NEW YORK	NY	10006	464147984	FINANCING	DE	RELATED	$500	0	Yes (1)	0.33330

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	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	Yes (1)	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	Yes (1)	SharingOfFacilitiesInd
Paid Employees Sharing	Yes (1)	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	Yes (1)	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
PCDC EMPIRE STATE HEALTH I OPP FUND 1
L	$68,643	COST
PCDC EMPIRE STATE HEALTH I OPP FUND 3
L	$99,948	COST