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PHOENIX COMMUNITY DEVELOPMENT AND INVESTMENT CORPORATION: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
PHOENIX COMMUNITY DEVELOPMENT AND INVESTMENT CORPORATION (EIN 35-2175243)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-07-01
IRS object ID
201311829349300051
Schema version
2012v2.1
Source
Download XML · Original 990 at ProPublica

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

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-07-01T07:24:10-05:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN943108253EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1NOVOGRADAC & COMPANY LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1249 E OCEAN BLVD SUITE 900AddressLine1
CityLONG BEACHCity
StateCAState
ZIP Code90802ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN352175243EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1PHOENIX COMMUNITY DEVELOPMENT ANDBusinessNameLine1
Business Name Line2INVESTMENT CORPORATIONBusinessNameLine2
FieldValueIRS element (for citing)
Name ControlPHOENameControl
Phone6022625040Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1200 W WASHINGTON STREET 20TH FLOORAddressLine1
CityPHOENIXCity
StateAZState
ZIP Code85003ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameROBERTO E FRANCOName
TitlePRESIDENTTitle
Phone6022625040Phone
Date Signed2013-07-01DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameWILLIAM LETSINGERName
PTINP00478303PTIN
Phone5624329482Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonROBERTO E FRANCONameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1200 WEST WASHINGTON STREET 20THAddressLine1
Address Line2FLOORAddressLine2
CityPHOENIXCity
StateAZState
ZIP Code85003ZIPCode
FieldValueIRS element (for citing)
Gross Receipts1185829GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.PHOENIXNEWMARKETS.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation2002YearFormation
State Legal DomicileAZStateLegalDomicile
Activity Or Mission DescriptionTO ALLEVIATE POVERTY AND COMBAT COMMUNITY DETERIORATION THROUGH SERVING OR PROVIDING INVESTMENT CAPITAL FOR QUALIFIED LOW-INCOME COMMUNITIES THROUGH COMMUNITY DEVELOPMENT ENTITIES IN ACCORDANCE WITH THE INTERNAL REVENUE CODE SECTION 45D AND TREASURY REGULATIONS THEREUNDER.ActivityOrMissionDescription
Nbr Voting Members Governing Body7NbrVotingMembersGoverningBody
Nbr Independent Voting Members4NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year64000ContributionsGrantsPriorYear
Contributions Grants Current Year64000ContributionsGrantsCurrentYear
Program Service Revenue Prior Year819833ProgramServiceRevenuePriorYear
Program Service Revenue CY923326ProgramServiceRevenueCY
Investment Income Prior Year201693InvestmentIncomePriorYear
Investment Income Current Year198503InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year1085526TotalRevenuePriorYear
Total Revenue Current Year1185829TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year11343GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY78965GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year0SalariesEtcPriorYear
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year780465OtherExpensePriorYear
Other Expenses Current Year870829OtherExpensesCurrentYear
Total Expenses Prior Year791808TotalExpensesPriorYear
Total Expenses Current Year949794TotalExpensesCurrentYear
Revenues Less Expenses Prior Year293718RevenuesLessExpensesPriorYear
Revenues Less Expenses CY236035RevenuesLessExpensesCY
Total Assets BOY9289375TotalAssetsBOY
Total Assets EOY9556022TotalAssetsEOY
Total Liabilities BOY307757TotalLiabilitiesBOY
Total Liabilities EOY382480TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY8981618NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY9173542NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionTO ALLEVIATE POVERTY AND COMBAT COMMUNITY DETERIORATION THROUGH SERVING OR PROVIDING INVESTMENT CAPITAL FOR QUALIFIED LOW-INCOME COMMUNITIES THROUGH COMMUNITY DEVELOPMENT ENTITIES IN ACCORDANCE WITH THE INTERNAL REVENUE CODE SECTION 45D AND TREASURY REGULATIONS THEREUNDER.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense743047Expense
Grants78965Grants
Revenue922726Revenue
DescriptionNEW MARKETS TAX CREDIT LOAN PROGRAM - TO ATTRACT AND PROVIDE FUNDS FOR PROJECTS THAT WILL IMPROVE THE QUALITY OF LIFE OF THOSE INDIVIDUALS WHO LIVE AND WORK IN UNDERSERVED AREAS OF THE COMMUNITY. $68,051 OF THE GRANTS AWARDED PROVIDED WORK READINESS, CAREER PLANNING, AND WORK EXPERIENCE SKILLS FOR YOUTH WHO RESIDE IN NMTC TRACTS. ELIGIBLE PARTICIPANTS ARE BETWEEN THE AGES OF 14 AND 24 YEARS OLD AT THE START OF THE PROGRAM. $8,002 OF THE GRANTS AWARDED TO NMTC ELIGIBLE YOUTH PURSUING POST-SECONDARY EDUCATION BY PROVIDING ASSISTANCE FOR TUITION, BOOKS, SUPPLIES AND OTHER NECESSARY, QUALIFIED ITEMS. $2,912 OF THE GRANTS AWARDED PROVIDED ASSISTANCE TO LMI, NMTC QUALIFIED YOUTH TO PARTICIPATE IN AN INTERNATIONAL YOUTH AMBASSADOR PROGRAM.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense45278Expense
Grants0Grants
Revenue600Revenue
DescriptionACCESS TO CAPITAL PROGRAM - TO PROVIDE EDUCATION, CUSTOMIZED CONSULTING, AND COACHING FOR SMALL BUSINESS OWNERS IN, OR SERVING, LOW-TO-MODERATE INCOME AREAS.Description

Activity3 Activity3

FieldValueIRS element (for citing)
Expense2500Expense
Grants0Grants
Revenue0Revenue
DescriptionBUSINESS LOAN ALLIANCE PROGRAM - TO LEVERAGE LOAN FUNDS TO ATTRACT GREATER INVESTMENT IN LOW-TO-MODERATE INCOME AREAS.Description
FieldValueIRS element (for citing)
Total Program Service Expense790825TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip0ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities0ReportOtherLiabilities
Report Fin48 Footnote0ReportFin48Footnote
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals1GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With10960NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding0ComplianceWithBackupWitholding
Number Of Employees0NumberOfEmployees
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Form8899 Filed0Form8899Filed
Form1098 C Filed0Form1098CFiled
Excess Business Holdings0ExcessBusinessHoldings
Taxable Distributions0TaxableDistributions
Distribution To Donor0DistributionToDonor
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members7NbrVotingGoverningBodyMembers
Number Independent Voting Members4NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees0MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons0AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy0WhistleblowerPolicy
Document Retention Policy0DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other1CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledAZStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1PHOENIX COMMUNITY DEVELOPMENT AND INVESTMENT CORPORATIONBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number6022625040TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1200 W WASHINGTON STREET 20TH FLOORAddressLine1
CityPHOENIXCity
StateAZState
ZIP Code85003ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (11 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficerHighest Compensated EmployeeHighestCompensatedEmployee
GEORGE DEAN
BOARD DIRECTOR1.00X000
PETE GARCIA
BOARD DIRECTOR1.00X000
DON KEUTH
BOARD DIRECTOR1.00X000
ROBERTO FRANCO
BOARD DIRECTOR, PRESIDENT40.00X624829294782501X
JEFF DEWITT
BOARD DIRECTOR4.00X016104867125
PATRICIA GARCIA-DUARTE
BOARD DIRECTOR1.00X000
JEROME MILLER
BOARD DIRECTOR, CHAIRMAN4.00X018781668157
KAREN LEONE
VICE PRESIDENT40.0099083045141X
MARY MAGEWICK
CHIEF FINANCIAL OFFICER, VP40.0099298043480X
KRISTINE BEAIRD
ECONOMIC DEVELOPMENT SPECIALIST40.0069733031331X
MITCHELL HAYDEN
BUSINESS ASSISTANCE COORDINATOR40.00108723034277X
FieldValueIRS element (for citing)
Total Reportable Comp From Org439319TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs441811TotalReportableCompFrmRltdOrgs
Total Other Compensation372012TotalOtherCompensation
Number Individuals GT100 K1NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
All Other Contributions64000AllOtherContributions
Total Contributions64000TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
ASSET MANAGEMENT FEE523920750583750583
SPONSOR FEE5239208000080000
SUB-ALLOCATION FEE5239205265352653
SYNDICATION FEE5239203949039490
ACCESS TO ACADEMY FEES523920600600
FieldValueIRS element (for citing)
Total Program Service Revenue923326TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column198503TotalRevenueColumn
Exclusion$198,503ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column1185829TotalRevenueColumn
Related Or Exempt Function Income923326RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$198,503ExclusionAmount

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total78965Total
Program Services78965ProgramServices

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total8500Total
Management And General8500ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total25458Total
Management And General25458ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total78765Total
Management And General78765ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total1740Total
Program Services1740ProgramServices

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total14768Total
Management And General14768ManagementAndGeneral

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total12856Total
Management And General12856ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total3208Total
Management And General3208ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total14137Total
Management And General14137ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneral
NMTC PROGRAM COOORDINAT627136627136
PROGRAM EXPENSES4886048860
TEMPORARY STAFF3412434124
MISCELLANEOUS EXPENSE12771277

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total949794Total
Program Services790825ProgramServices
Management And General158969ManagementAndGeneral
Fundraising0Fundraising

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY6578061BOY
EOY7161994EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY2684921BOY
EOY2365606EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY26393BOY
EOY28422EOY

Intangible Assets IntangibleAssets

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY9289375BOY
EOY9556022EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY307757BOY
EOY382480EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY307757BOY
EOY382480EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY8917618BOY
EOY9045542EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY64000BOY
EOY128000EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY8981618BOY
EOY9173542EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY9289375BOY
EOY9556022EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses236035ReconcilationRevenueExpenses
Reconcilation Other Changes-44111ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited

FS Audited Basis FSAuditedBasis

FieldValueIRS element (for citing)
Financial Statement SeparateXFinancialStatementSeparate
FieldValueIRS element (for citing)
Audit Committee1AuditCommittee
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year64000CurrentTaxYearMinus1Year
Current Tax Year64000CurrentTaxYear
Total128000Total

Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years145415CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years333298CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years237747CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year121123CurrentTaxYearMinus1Year
Current Tax Year370349CurrentTaxYear
Total1207932Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years145415CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years333298CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years237747CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year185123CurrentTaxYearMinus1Year
Current Tax Year434349CurrentTaxYear
Total1335932Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total77359AmountsSubstContributorsTotal
Public Support Total1701258573PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years382864CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years190247CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years222832CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year201693CurrentTaxYearMinus1Year
Current Tax Year198503CurrentTaxYear
Total1196139Total
FieldValueIRS element (for citing)
Total Support2532071TotalSupport
Gross Receipts From Admissions Etc4470199GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage1700.49710PublicSupportPertcentage170
Public Support Pertcent Prior Year0.39080PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Of Book Value Land Buildings0TotalOfBookValueLandBuildings
Tot Revenue Etc Audited Fincl Stmt1556120TotRevenueEtcAuditedFinclStmt
Donated Srvc And Use Of Facilities370349DonatedSrvcAndUseOfFacilities
Revenue Not Rptd F990370349RevenueNotRptdF990
Revenue Subtotal1185771RevenueSubtotal
Other Revenues Not Included58OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt58RevenueNotRptdOnFinStmt
Total Revenue Per Form9901185829TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt1364196TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities370349DonatedServicesUseOfFacilities
Other Expenses Included47261OtherExpensesIncluded
Expenses Not Rptd F990417610ExpensesNotRptdF990
Expenses Subtotal946586ExpensesSubtotal
Other Expenses Not Included3208OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt3208ExpensesNotRptdOnFinStmt
Total Expenses Per Form990949794TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)

IdentifierIdentifierExplanationExplanation
PART XI, LINE 4B - OTHER ADJUSTMENTS:FLOW-THROUGH INCOME/LOSS FROM INVESTMENTS 58.
PART XII, LINE 2D - OTHER ADJUSTMENTS:ORGANIZATIONAL COSTS 3,055. BAD DEBT EXPENSE 44,206.
PART XII, LINE 4B - OTHER ADJUSTMENTS:AMORTIZATION EXPENSE 3,208.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained1RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII (4 entries)

Type Of GrantTypeOfGrantNumber Of RecipientsNumberOfRecipientsAmount Of Cash GrantAmountOfCashGrant
THE GRANTS ARE FOR TUITION, TEXTBOOKS, HOUSING DEPOSITS AND COMPUTERS. AWARDS ARE PAID DIRECTLY TO 1) HOUSING AND ADMISSION OFFICES UPON SUBMISSION OF CLASS PRE-ENROLLMENT CONFIRMATION.42072
THE GRANTS ARE TO ARIZONA CALL A TEEN YOUTH RESOURCES (ACYR) SUMMER YOUTH EMPLOYMENT PROGRAM TO PROVIDE WORK READINESS, CAREER PLANNING AND WORK EXPERIENCE.6468051
THE GRANTS ARE FOR TUITION, BOOKS, SUPPLIES, LAPTOPS AND/OR CAMPUS PARKING. AWARDS ARE PAID TO ACYR AS A COST REIMBURSEMENT WITH PROOF OF PAYMENT AND INVOICES PROVIDED BY ACYR. ALL EXPENSES WERE PRE-APPROVED BEFORE PURCHASE.105930
THE GRANTS ARE FOR TRAVEL EXPENSES RELATED TO THE TRAVEL ABROAD PROGRAM. AWARD PAID TO PHOENIX SISTER CITIES COMMISSION (PSCC) AS A COST REIMBURSEMENT WITH PROOF OF PAYMENT AND INVOICES PROVIDED BY PSCC.12912

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation SurveyXCompensationSurvey
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org0CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs0CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org0CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs0CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments0AnyNonFixedPayments
Initial Contract Exception0InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)

TitleTitleBase Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
ROBERTO FRANCO
BOARD DIRECTOR, PRESIDENT62482929470000082501006248217544800
JEFF DEWITT
BOARD DIRECTOR0161048000006712500022817300
JEROME MILLER
BOARD DIRECTOR, CHAIRMAN0187816000006815700025597300

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

Return ReferenceReturnReferenceExplanationExplanationIdentifierIdentifier
FORM 990, PART VI, SECTION A, LINE 8BTHE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11FORM 990 AND SUPPORTING SCHEDULES ARE PREPARED BY TAX PREPARER. THE PRESIDENT AND VICE PRESIDENT OF THE FILING ORGANIZATION REVIEW THE RETURN FOR ACCURACY PRIOR TO FILING WITH THE IRS. THE RETURN IS MAILED TO THE BOARD MEMBERS FOR REVIEW PURPOSES BUT APPROVAL IS NOT REQUIRED BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CA CODE OF ETHICS AND CONFLICT OF INTEREST HANDBOOK IS GIVEN TO THE DIRECTOR WHEN HE/SHE IS ELECTED. PRIOR TO VOTING ON THE ORGANIZATIONS MATTERS, ALL DIRECTORS ARE REQUIRED TO DECLARE ANY CONFLICT OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15REVIEWS ARE PERFORMED ANNUALLY ON THE ORGANIZATION'S KEY OFFICERS AND EMPLOYEES. THESE REVIEWS ARE USED TO DETERMINE ANNUAL RAISES WHICH ARE DICTATED BY THE CITY OF PHOENIX COMPENSATION POLICY.
FORM 990, PART VI, SECTION C, LINE 18THE ORGANIZATION'S DOCUMENTS WILL BE MADE AVAILABLE FOR PUBLIC INSPECTION UPON LETTER REQUEST UNDER INTERNAL REVENUE CODE SECTION 6104.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S DOCUMENTS WILL BE MADE AVAILABLE FOR PUBLIC INSPECTION UPON LETTER REQUEST UNDER INTERNAL REVENUE CODE SECTION 6104.
FORM 990, PART XI, LINE 9:FLOW-THROUGH INCOME/LOSS FROM INVESTMENTS 30. AMORTIZATION EXPENSE 3,208. ORGANIZATIONAL COSTS -3,055. SUSPENDED LOSSES -88. BAD DEBT EXPENSE -44,206.CHANGES IN NET ASSETS OR FUND BALANCES:

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

FieldValueIRS element (for citing)
Business Name Line1CITY OF PHOENIXBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1200 WEST WASHINGTON STREET 20TH FLOAddressLine1
CityPHOENIXCity
StateAZState
ZIP Code85003ZIPCode
FieldValueIRS element (for citing)
Primary ActivitiesMUNICIPAL GOVERNMENTPrimaryActivities
Legal Domicile StateAZLegalDomicileState
Exempt Code SectionN/AExemptCodeSection
Direct Controlling Entity NAN/ADirectControllingEntityNA
Controlled Org0ControlledOrg

Form990 Schedule R Part III Form990ScheduleRPartIII (13 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivityPrimaryActivityLegal Domicile StateLegalDomicileStateDirect Controlling Entity NADirectControllingEntityNAPredominant Income TypePredominantIncomeTypeShare Of Total IncomeShareOfTotalIncomeShare Of EOY AssetsShareOfEOYAssetsDisproportionate AllocationsDisproportionateAllocationsGeneral Or Managing PartnerGeneralOrManagingPartnerPercentage OwnershipPercentageOwnership
PHOENIX BIOSCIENCE DEVELOPMENT COMPANY LLC
200 WEST WASHINGTON STREET 20TH FLOPHOENIXAZ85003710944048INVESTMENT IN LOW-INCOME COMMUNITY BUSINESSESAZN/ARELATED91712010.00010
PHOENIX DEVELOPMENT AND REVITALIZATION LLC
200 WEST WASHINGTON STREET 20TH FLOPHOENIXAZ85003710944051INVESTMENT IN LOW-INCOME COMMUNITY BUSINESSESAZN/ARELATED1972683932010.00010
PHOENIX DEVELOPMENT AND REVITALIZATION II LLC
200 WEST WASHINGTON STREET 20TH FLOPHOENIXAZ85003710944050INVESTMENT IN LOW-INCOME COMMUNITY BUSINESSESAZN/ARELATED183879010.00020
PHOENIX DEVELOPMENT AND REVITALIZATION III LLC
200 WEST WASHINGTON STREET 20TH FLOPHOENIXAZ85003710944052INVESTMENT IN LOW-INCOME COMMUNITY BUSINESSESAZN/ARELATED92984010.00010
PHOENIX ABIL INVESTMENT FUND LLC
200 WEST WASHINGTON STREET 20TH FLOPHOENIXAZ85003208248412INVESTMENT IN LOW-INCOME COMMUNITY BUSINESSESAZN/ARELATED-8-504010.00010
FNBA PHOENIX INVESTMENT FUND LLC
200 WEST WASHINGTON STREET 20TH FLOPHOENIXAZ85003141933368INVESTMENT IN LOW-INCOME COMMUNITY BUSINESSESAZN/ARELATED-11-540010.00010
PHOENIX NEW MARKETS TAX CREDIT INVESTMENT FUND I LLC
200 WEST WASHINGTON STREET 20TH FLOPHOENIXAZ85003141933366INVESTMENT IN LOW-INCOME COMMUNITY BUSINESSESAZN/ARELATED-11-441010.00010
PHOENIX NEW MARKETS TAX CREDIT INVESTMENT FUND III LLC
200 WEST WASHINGTON STREET 20TH FLOPHOENIXAZ85003204280506INVESTMENT IN LOW-INCOME COMMUNITY BUSINESSESAZN/ARELATED-4-167010.00010
PHOENIX YMCA INVESTMENT FUND LLC
200 WEST WASHINGTON STREET 20TH FLOPHOENIXAZ85003208029189INVESTMENT IN LOW-INCOME COMMUNITY BUSINESSESAZN/ARELATED-3-158010.00010
PHX COMMUNITY VENTURES LLC
200 WEST WASHINGTON STREET 20TH FLOPHOENIXAZ85003263677759INVESTMENT IN LOW-INCOME COMMUNITY BUSINESSESAZN/ARELATED112001010.00010
PHX SB CAPITAL LLC
200 WEST WASHINGTON STREET 20TH FLOPHOENIXAZ85003263677672INVESTMENT IN LOW-INCOME COMMUNITY BUSINESSESAZN/ARELATED33464010.00010
SB CAPITAL INVESTMENT FUND LLC
200 WEST WASHINGTON STREET 20TH FLOPHOENIXAZ85003270854199INVESTMENT IN LOW-INCOME COMMUNITY BUSINESSESAZN/ARELATED1244010.00010
PHX SUCCESS FUND LLC
200 WEST WASHINGTON STREET 20TH FLOPHOENIXAZ85003263677853INVESTMENT IN LOW-INCOME COMMUNITY BUSINESSESAZN/ARELATED5108010.00010
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties1ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org1GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org0GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org0LoansOrGuaranteesFromOtherOrg
Dividends Related Organization0DividendsRelatedOrganization
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs0RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs0RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs1PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs0PerformOfServicesByOtherOrgs
Sharing Of Facilities1SharingOfFacilities
Sharing Of Paid Employees1SharingOfPaidEmployees
Reimbursement Paid To Other Org1ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org1ReimbursementPaidByOtherOrg
Other Transfer To Other Org0OtherTransferToOtherOrg
Other Transfer From Other Org0OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (21 entries)

Transaction TypeTransactionTypeAmount InvolvedAmountInvolved
PHOENIX BIOSCIENCE DEVELOPMENT COMPANY LLC
A91
PHOENIX DEVELOPMENT AND REVITALIZATION LLC
A197268
PHOENIX DEVELOPMENT AND REVITALIZATION II LLC
A183
PHOENIX DEVELOPMENT AND REVITALIZATION III LLC
A9
PHOENIX ABIL INVESTMENT FUND LLC
A-8
FNBA PHOENIX INVESTMENT FUND LLC
A-11
PHOENIX NEW MARKETS TAX CREDIT INVESTMENT FUND I LLC
A-11
PHOENIX NEW MARKETS TAX CREDIT INVESTMENT FUND III LLC
A-4
PHOENIX YMCA INVESTMENT FUND LLC
A-3
PHX COMMUNITY VENTURES LLC
A11
PHX SUCCESS FUND LLC
A5
PHX SB CAPITAL LLC
A33
SB CAPITAL INVESTMENT FUND LLC
A1
CITY OF PHOENIX
P980281
CITY OF PHOENIX
N180110
PHOENIX DEVELOPMENT AND REVITALIZATION LLC
K188178
PHOENIX DEVELOPMENT AND REVITALIZATION III LLC
K142500
FNBA PHOENIX INVESTMENT FUND LLC
K56408
PHOENIX NEW MARKETS TAX CREDIT INVESTMENT FUND I LLC
K56408
PHX SUCCESS FUND LLC
K73000
PHX COMMUNITY VENTURES LLC
K146000