COMMUNITY REINVESTMENT FUND INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- COMMUNITY REINVESTMENT FUND INC (EIN 41-1616861)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-05-19
- IRS object ID
- 201541399349300869
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-05-19T14:37:50-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 411735076 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BLANSKI PETER KRONLAGE & ZOCH PA | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7500 OLSON MEM HWY STE 200 | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55427 | 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 | 411616861 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COMMUNITY REINVESTMENT FUND INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COMM | BusinessNameControlTxt |
| Phone | 6123383050 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 NICOLLET MALL NO 1700W | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 554022903 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SCOTT YOUNG | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 8004753050 | PhoneNum |
| Signature | 2015-05-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN C CSARGO CPA | PreparerPersonNm |
| PTIN | P00051489 | PTIN |
| Phone | 7635466211 | PhoneNum |
| Preparation | 2015-05-19 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SCOTT YOUNG | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 NICOLLET MALL NO 1700W | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 554022903 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $27,109,793 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CRFUSA.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1988 | FormationYr |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Activity Or Mission | SEE SUPPLEMENTAL INFORMATION (SCHEDULE O)TO IMPROVE THE LIVES OF DISADVANTAGED PEOPLE AND STRENGTHEN DISTRESSED COMMUNITIES THROUGH INNOVATIVE FINANCE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 15 | VotingMembersIndependentCnt |
| Total Employee | 66 | TotalEmployeeCnt |
| Total Volunteers | 15 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,289,620 | PYContributionsGrantsAmt |
| CY Contributions Grants | $6,319,080 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $24,818,679 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $20,790,713 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $28,108,299 | PYTotalRevenueAmt |
| CY Total Revenue | $27,109,793 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $6,927,988 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $8,770,408 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $20,000 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $647,926 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $26,665,785 | PYOtherExpensesAmt |
| CY Other Expenses | $17,928,117 | CYOtherExpensesAmt |
| PY Total Expenses | $33,613,773 | PYTotalExpensesAmt |
| CY Total Expenses | $26,698,525 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$5,505,474 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $411,268 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $260,763,575 | TotalAssetsBOYAmt |
| Total Assets EOY | $217,318,933 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $266,896,086 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $217,492,444 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$6,132,511 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$173,511 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO IMPROVE THE LIVES OF DISADVANTAGED PEOPLE AND STRENGTHEN DISTRESSED COMMUNITIES THROUGH INNOVATIVE FINANCE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $21,372,087 | ExpenseAmt |
| Revenue | $18,705,650 | RevenueAmt |
| Desc | AS A NON-PROFIT, MISSION DRIVEN ORGANIZATION, COMMUNITY REINVESTMENT FUND ("CRF") PROVIDES OTHERWISE UNAVAILABLE LOAN CAPITAL TO COMMUNITIES, SMALL BUSINESSES, ENTREPRENUEURS, NON-PROFIT ORGANIZATIONS AND HOUSING ORGANIZATIONS. DURING FY 2014, CRF PROVIDED FINANCING TOTALING $43 MILLION IN 25 STATES. THE LOANS PROVIDED BY CRF RESULTED IN THE CREATION OR RETENTION OF MORE THAN 1,459 JOBS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,309,233 | ExpenseAmt |
| Revenue | $2,085,063 | RevenueAmt |
| Desc | CRF IS ACTIVE FANNIE MAE SERVICER AND IS RATED BY STANDARD AND POOR'S AS AN EXPERIENCED, MISSION-DRIVE ORGANIZATION, CRF SPECIALIZES IN CUSTOMIZED PROJECTS FOR NON-TRADITIONAL PORTFOLIOS AND ORGANIZATIONS. DURING FY 2014, CRF PROVIDED CONTRACT LOAN SERVICING FOR 38 COMMUNITY DEVELOPMENT LENDERS AT A VOLUME OF APPROXIMATELY 5,500 LOANS AMOUNTING TO $120 MILLION. ADDITIONALLY WE SERVICED 89 AFFORDABLE HOUSING LOANS FOR $112 MILLION. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $23,681,320 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | 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 | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 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 | 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 | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 62 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 66 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 15 | IndependentVotingMemberCnt |
| Family Or Business Rln | 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 | Yes (1) | 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 | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (1) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ID | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCOTT YOUNG | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6123383050 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 NICOLLET MALL SUITE 1700W | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55402 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (29 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 |
|---|---|---|---|---|---|---|---|---|
| FRANK ALTMAN | ||||||||
| PRESIDENT - CEO | 40.00 | Yes (X) | Yes (X) | $590,364 | $0 | $50,250 | ||
| KIM LATIMER-NELLIGAN | ||||||||
| CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| REZA AGHAMIRZADEH | ||||||||
| VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| SALLI MARTYNIAK | ||||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ALTON BATHRICK | ||||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JIM BAIRD | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL BANNER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| TONY BROWN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MIKE CHRISTENSON | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KARL EGGE | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| WARREN HANSON | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CALVIN HOLMES | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES KLEIN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID SCHECK | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES SOLEM | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| GERALD THOLE | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SCOTT YOUNG | ||||||||
| VICE PRESIDENT - CFO | 40.00 | Yes (X) | $543,800 | $0 | $33,028 | |||
| COLLEEN SCHWARZ | ||||||||
| VP OF SALES | 40.00 | Yes (X) | $285,178 | $0 | $20,324 | |||
| WARREN MCLEAN | ||||||||
| VP OF DEVELOPMENT | 40.00 | Yes (X) | $237,750 | $0 | $42,448 | |||
| RICHARD HEBL | ||||||||
| VICE PRESIDENT | 40.00 | Yes (X) | $182,579 | $0 | $27,453 | |||
| KEITH RACHEY | ||||||||
| CHIEF CUSTOMER OFFICER | 40.00 | Yes (X) | $103,419 | $0 | $13,984 | |||
| MARY KAISER | ||||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JENNIFER NOVAK | ||||||||
| DIRECTOR OF CAPITAL MARKETS | 40.00 | $281,850 | $0 | $37,526 | Yes (X) | |||
| DANIEL KOMAREK | ||||||||
| CHIEF CREDIT OFFICER | 40.00 | $230,050 | $0 | $36,227 | Yes (X) | |||
| DAWN JOHNSON | ||||||||
| DIRECTOR OF ASSET MGMT | 40.00 | $267,500 | $0 | $21,663 | Yes (X) | |||
| NICHOLAS ELDERS | ||||||||
| DIRECTOR OF IT | 40.00 | $140,150 | $0 | $35,548 | Yes (X) | |||
| BRIAN BURKE | ||||||||
| NATIONAL DIRECTOR OF SBA | 40.00 | $214,433 | $0 | $9,637 | Yes (X) | |||
| JOAN BARNES | ||||||||
| VP OF MARKETING | 40.00 | $194,900 | $0 | $18,742 | Yes (X) | |||
| GARY HOLMQUIST | ||||||||
| MARKETING MANAGER | 40.00 | $169,604 | $0 | $33,641 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,441,577 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $380,471 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 22 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| AVTEX SOLUTIONS LLC | |||||
| 3500 AMERICAN BLVD W STE 300 | MINNEAPOLIS | MN | 55431 | IT SERVICES | $531,054 |
| PERKINS COIE LLP | |||||
| 131 S DEARBORN STREET | CHICAGO | IL | 60609 | LEGAL SERVICES | $456,917 |
| GRANT THORTON | |||||
| 200 S 6TH STREET | MINNEAPOLIS | MN | 55402 | ACCOUNTING | $267,515 |
| CLEAR NORTH TECHNOLOGIES | |||||
| 3650 ANAPOLIS LANE N STE 110 | PLYMOUTH | MN | 55447 | IT SERVICES | $193,107 |
| NOVOGRADAC & COMPANY LLP | |||||
| PO BOX 7833 | SAN FRANCISCO | CA | 94120 | ACCOUNTING | $174,935 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 14 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $6,319,080 | AllOtherContributionsAmt |
| Total Contributions | $6,319,080 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| LOAN SERVICING INTEREST INCOME | 525990 | $15,080,389 | $15,080,389 |
| LOAN SERVICING FEES | 525990 | $3,861,264 | $3,861,264 |
| OTHER REVENUE | 525990 | $1,849,060 | $1,849,060 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $20,790,713 | TotalProgramServiceRevenueAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $27,109,793 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $20,790,713 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,740,503 | TotalAmt |
| Program Services | $2,239,824 | ProgramServicesAmt |
| Management And General | $195,440 | ManagementAndGeneralAmt |
| Fundraising | $305,239 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,265,520 | TotalAmt |
| Program Services | $3,628,642 | ProgramServicesAmt |
| Management And General | $496,184 | ManagementAndGeneralAmt |
| Fundraising | $140,694 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $220,434 | TotalAmt |
| Program Services | $184,642 | ProgramServicesAmt |
| Management And General | $21,761 | ManagementAndGeneralAmt |
| Fundraising | $14,031 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,072,638 | TotalAmt |
| Program Services | $898,476 | ProgramServicesAmt |
| Management And General | $105,889 | ManagementAndGeneralAmt |
| Fundraising | $68,273 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $471,313 | TotalAmt |
| Program Services | $394,787 | ProgramServicesAmt |
| Management And General | $46,527 | ManagementAndGeneralAmt |
| Fundraising | $29,999 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $334,234 | TotalAmt |
| Management And General | $334,234 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $374,856 | TotalAmt |
| Management And General | $374,856 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,023,672 | TotalAmt |
| Program Services | $1,762,892 | ProgramServicesAmt |
| Management And General | $259,504 | ManagementAndGeneralAmt |
| Fundraising | $1,276 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $245,395 | TotalAmt |
| Program Services | $169,902 | ProgramServicesAmt |
| Management And General | $69,376 | ManagementAndGeneralAmt |
| Fundraising | $6,117 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $256,217 | TotalAmt |
| Program Services | $186,834 | ProgramServicesAmt |
| Management And General | $52,901 | ManagementAndGeneralAmt |
| Fundraising | $16,482 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $346,696 | TotalAmt |
| Program Services | $307,754 | ProgramServicesAmt |
| Management And General | $25,513 | ManagementAndGeneralAmt |
| Fundraising | $13,429 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,416 | TotalAmt |
| Program Services | $65,704 | ProgramServicesAmt |
| Management And General | $5,120 | ManagementAndGeneralAmt |
| Fundraising | $4,592 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,645,832 | TotalAmt |
| Program Services | $12,645,832 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $501,634 | TotalAmt |
| Program Services | $350,577 | ProgramServicesAmt |
| Management And General | $121,113 | ManagementAndGeneralAmt |
| Fundraising | $29,944 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $181,116 | TotalAmt |
| Management And General | $181,116 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PROVISIONS FOR LOAN LOS | $598,527 | $598,527 | ||
| EMPLOYEE OVERHEAD | $199,600 | $167,191 | $19,704 | $12,705 |
| DUES & SUBSCRIPTIONS | $72,471 | $7,285 | $60,041 | $5,145 |
| MISCELLANEOUS | $72,451 | $72,451 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,698,525 | TotalAmt |
| Program Services | $23,681,320 | ProgramServicesAmt |
| Management And General | $2,369,279 | ManagementAndGeneralAmt |
| Fundraising | $647,926 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50 | BOYAmt |
| EOY | $49 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,977,547 | BOYAmt |
| EOY | $29,035,606 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $2,108,667 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $229,091,944 | BOYAmt |
| EOY | $180,960,656 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $4,706,124 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,555,815 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $814,338 | BOYAmt |
| EOY | $1,150,309 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,406,196 | BOYAmt |
| EOY | $1,406,196 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,473,500 | BOYAmt |
| EOY | $2,657,450 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $260,763,575 | BOYAmt |
| EOY | $217,318,933 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,886,410 | BOYAmt |
| EOY | $7,190,070 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $1,525,093 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,339,000 | BOYAmt |
| EOY | $4,714,068 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $228,686,603 | BOYAmt |
| EOY | $178,030,532 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,984,073 | BOYAmt |
| EOY | $26,032,681 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $266,896,086 | BOYAmt |
| EOY | $217,492,444 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$7,505,658 | BOYAmt |
| EOY | -$2,354,826 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,373,147 | BOYAmt |
| EOY | $2,181,315 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$6,132,511 | BOYAmt |
| EOY | -$173,511 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $260,763,575 | BOYAmt |
| EOY | $217,318,933 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $411,268 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $5,547,732 | 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| 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) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type2 | Yes (X) | SupportingOrgType2Ind |
| Certification | Yes (X) | CertificationInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
Supported Org Information SupportedOrgInformationGrp (7 entries)
| EINEIN | Organization TypeOrganizationTypeDesc | Governing Document ListedGoverningDocumentListedInd | Supported Org NotifiedSupportedOrgNotifiedInd | US OrganizedUSOrganizedInd | SupportSupportAmt |
|---|---|---|---|---|---|
| LOW INCOME INVESTMENT FUND | |||||
| 942952578 | 7 | 0 | 0 | Yes (1) | $100 |
| FORWARD COMMUNITY INVESTMENTS | |||||
| 391815578 | 7 | 0 | 0 | Yes (1) | $200 |
| LOS ANGELES LOCAL DEVELOPMENT CORPORATION | |||||
| 953532380 | 9 | 0 | 0 | Yes (1) | $1,000 |
| GREATER MINNESOTA HOUSING FUND | |||||
| 411836919 | 509(A)(3) TI | 0 | 0 | Yes (1) | $100 |
| CHICAGO COMMUNITY LOAN FUND | |||||
| 363762123 | 7 | 0 | 0 | Yes (1) | $200 |
| OHIO COMMUNITY DEVELOPMENT FINANCE FUND | |||||
| 311229532 | 7 | 0 | 0 | Yes (1) | $250 |
| BUILD WITH A PURPOSE | |||||
| 141882064 | 501(C)(3) | 0 | 0 | Yes (1) | $250 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 7 | SupportedOrganizationsTotalCnt |
| Support Sum | $2,100 | SupportSumAmt |
Form990 Schedule A Part IV Form990ScheduleAPartIVGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 11(H) | FormAndLineReferenceDesc |
| Explanation | SUPPORTED ORGANIZATIONS CRF IS A NOT-FOR-PROFIT FINANCIAL SERVICES CORPORATION THAT PROVIDES NEW LOAN CAPITAL FOR COMMUNITY BASED DEVELOPMENT ORGANIZATIONS(I.E. 501(C)(3) ENTITIES) AND GOVERNMENTAL ENTITIES. CRF SUPPORTS A CLASS OF BENEFICIARY ORGANIZATIONS THAT INCLUDE SECTION 501(C)(3) LOCAL ECONOMIC DEVELOPMENT ORGANIZATIONS, SECTION 170(B)(1)(VI) ORGANIZATIONS AND UNITS OF FEDERAL, STATE, COUNTY, MUNICIPAL GOVERNMENT, OR DULY CONSTITUTED AGENCIES THEREOF, SECTION 170(B)(1)(A)(V) ORGANIZATIONS THAT FOCUS THEIR LENDING ACTIVITIES AT ECONOMICALLY DISTRESSED OR DECLINING AREAS, DISADVANTAGED PERSONS, NEIGHBORHOOD OR COMMUNITY REVITALIZATION, OR OTHER SECTION 501(C) CHARITABLE PURPOSES. | 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 D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $64,122 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $64,122 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $4,147,485 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $3,137,769 | DepreciationAmt |
| Book Value | $1,009,716 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $494,517 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $353,924 | DepreciationAmt |
| Book Value | $140,593 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,150,309 | TotalBookValueLandBuildingsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART IV, LINE 2B: | FormAndLineReferenceDesc |
| Explanation | ESCROW LIABILITY ON BALANCE SHEET REPRESENTS FUNDS HELD IN TRUST FOR BORROWERS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 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 | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FRANK ALTMAN | ||||||||||||||
| PRESIDENT - CEO | $299,260 | $0 | $291,104 | $0 | $0 | $0 | $0 | $0 | $50,250 | $0 | $640,614 | $0 | $0 | $0 |
| SCOTT YOUNG | ||||||||||||||
| VICE PRESIDENT - CFO | $271,900 | $0 | $271,900 | $0 | $0 | $0 | $0 | $0 | $33,028 | $0 | $576,828 | $0 | $0 | $0 |
| COLLEEN SCHWARZ | ||||||||||||||
| VP OF SALES | $229,178 | $0 | $56,000 | $0 | $0 | $0 | $0 | $0 | $20,324 | $0 | $305,502 | $0 | $0 | $0 |
| WARREN MCLEAN | ||||||||||||||
| VP OF DEVELOPMENT | $175,650 | $0 | $62,100 | $0 | $0 | $0 | $0 | $0 | $42,448 | $0 | $280,198 | $0 | $0 | $0 |
| RICHARD HEBL | ||||||||||||||
| VICE PRESIDENT | $142,579 | $0 | $40,000 | $0 | $0 | $0 | $0 | $0 | $27,453 | $0 | $210,032 | $0 | $0 | $0 |
| JENNIFER NOVAK | ||||||||||||||
| DIRECTOR OF CAPITAL MARKETS | $191,850 | $0 | $90,000 | $0 | $0 | $0 | $0 | $0 | $37,526 | $0 | $319,376 | $0 | $0 | $0 |
| DANIEL KOMAREK | ||||||||||||||
| CHIEF CREDIT OFFICER | $175,550 | $0 | $54,500 | $0 | $0 | $0 | $0 | $0 | $36,227 | $0 | $266,277 | $0 | $0 | $0 |
| DAWN JOHNSON | ||||||||||||||
| DIRECTOR OF ASSET MGMT | $190,800 | $0 | $76,700 | $0 | $0 | $0 | $0 | $0 | $21,663 | $0 | $289,163 | $0 | $0 | $0 |
| NICHOLAS ELDERS | ||||||||||||||
| DIRECTOR OF IT | $105,050 | $0 | $35,100 | $0 | $0 | $0 | $0 | $0 | $35,548 | $0 | $175,698 | $0 | $0 | $0 |
| BRIAN BURKE | ||||||||||||||
| NATIONAL DIRECTOR OF SBA | $184,433 | $0 | $30,000 | $0 | $0 | $0 | $0 | $0 | $9,637 | $0 | $224,070 | $0 | $0 | $0 |
| JOAN BARNES | ||||||||||||||
| VP OF MARKETING | $155,000 | $0 | $39,900 | $0 | $0 | $0 | $0 | $0 | $18,742 | $0 | $213,642 | $0 | $0 | $0 |
| GARY HOLMQUIST | ||||||||||||||
| MARKETING MANAGER | $159,604 | $0 | $10,000 | $0 | $0 | $0 | $0 | $0 | $33,641 | $0 | $203,245 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | SOME SALES PEOPLE THAT ARE HIGHLY COMPENSATED EMPLOYEES RECEIVE COMMISSION PAY BASED ON LOAN CLOSINGS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 7A | SUBSEQUENT TO THE INITIAL BOARD OF TRUSTEES, A MAJORITY OF THE BOARD SHALL CONSIST OF INDIVIDUALS APPOINTED OR ELECTED BY BENEFICIARY ORGANIZATION. PER THE ARTICLES OF INCORPORATION, THE CLASS OF BENEFICIARY ORGANIZATIONS INCLUDES SECTION 501(C)(3) LOCAL ECONOMIC DEVELOPMENT ORGANIZATIONS AND UNITS OF FEDERAL, STATE, COUNTY OR MUNICIPAL GOVERNMENT, OR DULY CONSTITUTED AGENCIES THEREOF THAT FOCUS THEIR LENDING ACTIVITIES AT ECONOMICALLY DISTRESSED OR DECLINING AREAS, DISADVANTAGED PERSONS, NEIGHBORHOOD OR COMMUNITY REVITALIZATION OR OTHER SECTION 501(C)(3) CHARITABLE PURPOSES. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS REVIEWED IN DETAIL BY SENIOR MANAGEMENT BEFORE FILING WITH THE IRS. A FINAL COPY OF THE RETURN IS SENT TO THE BOARD PRIOR TO FILING FOR A HIGH LEVEL REVIEW. |
| FORM 990, PART VI, SECTION B, LINE 12C | BECAUSE CRF, INC. IS A 501(C)(3) SUPPORTING ORGANIZATION, A MAJORITY OF THE GOVERNING BOARD COULD QUALIFY AS POTENTIAL CLIENTS. THE BOARD HAS CHOSEN NOT TO REVIEW INDIVIDUAL LOANS ANY MORE, SO THERE IS NO LONGER A POTENTIAL CONFLICT ISSUE IN THAT AREA. CERTAIN MEMBERS ARE AFFILIATED WITH FINANCIAL INSTITUTIONS THAT MAY BE INVOLVED WITH A CRF TRANSACTION, AND IN THOSE CASES, THE MEMBER ABSTAINS FROM ANY VOTE. ALL EMPLOYEES ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. IT IS IMPERATIVE THAT EMPLOYEES DISCLOSE THE EXISTENCE OF ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AS SOON AS POSSIBLE SO THAT SAFEGUARDS CAN BE ESTABLISHED. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE BOARD DETERMINES COMPENSATION BASED ON A STUDY PERFORMED BY AN INDEPENDENT COMPENSATION CONSULTANT. THE MOST RECENT COMPENSATION STUDY WAS COMPLETED DURING FISCAL YEAR ENDED 2013. THE DELIBERATIONS AND DECISIONS ARE DOCUMENTED WITH THE HUMAN RESOURCE DEPARTMENT. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | REMOVED TWO RELATED ENTITIES FROM RETURN THAT WERE INCLUDED IN PRIOR YEARS 5,547,732. WHOSE NET ASSETS SHOULD NOT HAVE BEEN INCLUDED. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (35 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| CRF AFFORDABLE HOUSING NO 1 | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $973,977 | $13,854,986 | CRF INC |
| CRF AFFORDABLE HOUSING NO 2 | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $2,580,620 | $34,608,097 | CRF INC |
| CRF AFFORDABLE HOUSING NO 3 | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $5,171,912 | $67,906,483 | CRF INC |
| CRF 18 LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $591,057 | $6,750,787 | CRF INC |
| CRF 19 LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $1,661,717 | $18,000,410 | CRF INC |
| CRF SMALL BUSINESS LOAN COMPANY LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $1,922,271 | $24,829,902 | CRF INC |
| NNMTCF I GP LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $0 | $0 | CRF INC |
| NNMTCF II GP LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $0 | $0 | CRF INC |
| NNMTCF III GP LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $84 | $8,384 | CRF INC |
| NNMTCF IV GP LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $14 | $33,942 | CRF INC |
| NNMTCF V GP LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $154 | $3,642 | CRF INC |
| NNMTCF VI GP LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $22 | $2,060 | CRF INC |
| NNMTCF VII GP LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $46 | $2,046 | CRF INC |
| NNMTCF VIII GP LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $85 | $18,939 | CRF INC |
| NNMTCF IX GP LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $11 | $2,727 | CRF INC |
| NNMTCF X GP LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | -$2,090 | $101,624 | CRF INC |
| NNMTCF XII GP LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | -$825 | $31,122 | CRF INC |
| NNMTCF XIII GP LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $26 | $3,558 | CRF INC |
| NNMTCF XIV GP LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $11 | $28,276 | CRF INC |
| NNMTCF XV GP LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $11 | $21,130 | CRF INC |
| NNMTCF XVI GP LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $13 | $2,028 | CRF INC |
| NNMTCF XVII GP LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $46 | $125,245 | CRF INC |
| NNMTCF XVIII GP LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $14 | $44,413 | CRF INC |
| NNMTCF XIX GP LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $15 | $71,166 | CRF INC |
| NNMTCF XX GP LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $10 | $1,012 | CRF INC |
| NNMTCF XXI GP LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $15 | $2,015 | CRF INC |
| BLC BETA GP LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $0 | $0 | CRF INC |
| CRF CHARTER SCHOOL INVESTOR LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $0 | $0 | CRF INC |
| CRF INVESTOR LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $0 | $0 | CRF INC |
| CRF AFFORDABLE HOUSING NO 3 GUARANTOR LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $0 | $0 | CRF INC |
| CRF HOLDINGS LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $0 | $0 | CRF INC |
| NNMTCF INVESTOR LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $0 | $0 | CRF INC |
| CRF 15 LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $0 | $0 | CRF INC |
| CRF 16 LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $0 | $0 | CRF INC |
| CRF 17 LLC | |||||||||
| 801 NICOLLET MALL 1700W | MINNEAPOLIS | MN | 55402 | 411616861 | COMM DEVELOPMENT | MN | $0 | $0 | CRF INC |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (8 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| LOW INCOME INVESTMENT FUND | ||||||||||
| 100 PINE STREET SUITE 1800 | SAN FRANCISCO | CA | 94111 | 942952578 | URBAN DEVELOPMENT | CA | 501(C)(3) | 07 | N/A | 0 |
| BAY AREA EMPLOYMENT DEVELOPMENT COMPANY | ||||||||||
| 1801 OAKLAND BLVD SUITE 100 | WALNUT CREEK | CA | 94596 | 953457545 | URBAN DEVELOPMENT | CA | 501(C)(4) | N/A | 0 | |
| LOS ANGELES LCD INC | ||||||||||
| 120 WILSHIRE BLVD 404 | LOS ANGELES | CA | 90017 | 953532380 | URBAN DEVELOPMENT | CA | 501(C)(3) | 09 | N/A | 0 |
| FORWARD COMMUNITY INVESTMENTS | ||||||||||
| 211 S PATERSON STREET 160 | MADISON | WI | 53703 | 391815578 | URBAN DEVELOPMENT | WI | 501(C)(3) | 07 | N/A | 0 |
| GREATER MINNESOTA HOUSING FUND | ||||||||||
| 332 MINNESOTA STREET SUITE 120 | ST PAUL | MN | 55101 | 411836919 | URBAN DEVELOPMENT | MN | 501(C)(3) | 509(A)(3)- TYPE 1 | N/A | 0 |
| CHICAGO COMMUNITY LOAN FUND | ||||||||||
| 29 E MADISON 1700 | CHICAGO | IL | 60602 | 363762123 | URBAN DEVELOPMENT | IL | 501(C)(3) | 07 | N/A | 0 |
| OHIO COMMUNITY DEVELOPMENT FINANCE FUND | ||||||||||
| 17 SOUTH HIGH STREET SUITE 900 | COLUMBUS | OH | 43215 | 311229532 | URBAN DEVELOPMENT | OH | 501(C)(3) | 07 | N/A | 0 |
| BUILD WITH A PURPOSE | ||||||||||
| 224 MAIN STREET | METUCHEN | NJ | 08840 | 141882064 | URBAN DEVELOPMENT | NJ | 501(C)(3) | 07 | N/A | 0 |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (34 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|
| BUSINESS LOAN CONDUIT BETA LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 203925820 | COMM DEVELOPMENT | MN | N/A |
| BUSINESS LOAN CONDUIT LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 200166663 | COMM DEVELOPMENT | MN | N/A |
| BUSINESS LOAN CONDUIT NO 2 LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 201609216 | COMM DEVELOPMENT | MN | N/A |
| BUSINESS LOAN CONDUIT NO 3 LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 203925664 | COMM DEVELOPMENT | MN | N/A |
| BUSINESS LOAN CONDUIT NO 4 LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 264102477 | COMM DEVELOPMENT | MN | N/A |
| BUSINESS LOAN CONDUIT NO 5 LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 264102588 | COMM DEVELOPMENT | MN | N/A |
| BUSINESS LOAN CONDUIT NO 6 LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 270313044 | COMM DEVELOPMENT | MN | N/A |
| BUSINESS LOAN CONDUIT NO 7 LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 270313117 | COMM DEVELOPMENT | MN | N/A |
| BUSINESS LOAN CONDUIT NO 8 LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 270313223 | COMM DEVELOPMENT | MN | N/A |
| BUSINESS LOAN CONDUIT NO 9 LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 270313426 | COMM DEVELOPMENT | MN | N/A |
| BUSINESS LOAN CONDUIT NO 10 LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 270313484 | COMM DEVELOPMENT | MN | N/A |
| BUSINESS LOAN CONDUIT NO 12 LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 271656430 | COMM DEVELOPMENT | MN | N/A |
| BUSINESS LOAN CONDUIT NO 13 LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 271656519 | COMM DEVELOPMENT | MN | N/A |
| BUSINESS LOAN CONDUIT NO 14 LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 271656570 | COMM DEVELOPMENT | MN | N/A |
| BUSINESS LOAN CONDUIT NO 15 LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 271656714 | COMM DEVELOPMENT | MN | N/A |
| BUSINESS LOAN CONDUIT NO 16 LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 271656769 | COMM DEVELOPMENT | MN | N/A |
| BUSINESS LOAN CONDUIT NO 17 LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 271656826 | COMM DEVELOPMENT | MN | N/A |
| BUSINESS LOAN CONDUIT NO 18 LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 452934614 | COMM DEVELOPMENT | MN | N/A |
| BUSINESS LOAN CONDUIT NO 19 LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 452934736 | COMM DEVELOPMENT | MN | N/A |
| BUSINESS LOAN CONDUIT NO 20 LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 452934835 | COMM DEVELOPMENT | MN | N/A |
| BUSINESS LOAN CONDUIT NO 21 LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 452935036 | COMM DEVELOPMENT | MN | N/A |
| NATIONAL NEW MARKETS TAX CREDIT FUND I LP | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 260088098 | COMM DEVELOPMENT | MN | N/A |
| NATIONAL NEW MARKETS TAX CREDIT FUND II LP | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 205315537 | COMM DEVELOPMENT | MN | N/A |
| ML BUSINESS LOAN CONDUIT LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 900408237 | COMM DEVELOPMENT | MN | N/A |
| BUSINESS LOAN CONDUIT WCDE LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 208144359 | COMM DEVELOPMENT | MN | N/A |
| COMMERCIAL LENDING LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 421588680 | COMM DEVELOPMENT | MN | N/A |
| COMMERCIAL LENDING II LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 731719709 | COMM DEVELOPMENT | MN | N/A |
| COMMERCIAL LENDING III LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 203933624 | COMM DEVELOPMENT | MN | N/A |
| MIDTOWN EXCHANGE INVESTOR II LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 205785200 | COMM DEVELOPMENT | MN | N/A |
| MERRILL LYNCH BUSINESS LOAN CONDUIT LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 260447317 | COMM DEVELOPMENT | MN | N/A |
| CHASE NMTC RESURRECTION UNIVERSITY INVESTMENT FUND LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 453420587 | COMM DEVELOPMENT | MN | N/A |
| CHASE NMTC PAVE INVESTMENT FUND LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 800809242 | COMM DEVELOPMENT | MN | N/A |
| CHASE NMTC HONEYWELL INVESTMENT FUND LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 455306999 | COMM DEVELOPMENT | MN | N/A |
| GDP-NNMTCF INVESTMENT FUND LLC | |||||||
| 801 NICOLLET MALL 1700 W | MINNEAPOLIS | MN | 55402 | 461401855 | COMM DEVELOPMENT | MN | N/A |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE NATIONAL NEW MARKET TAX CREDIT FUND | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 NICOLLET MALL 1700W | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55402 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 753013049 | EIN |
| Primary Activities | URBAN DEVELOPMENT | PrimaryActivitiesTxt |
| Legal Domicile State | MN | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CRF INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of EOY Assets | $100 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | 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 | 0 | 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 | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |