LOW INCOME INVESTMENT FUND: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- LOW INCOME INVESTMENT FUND (EIN 94-2952578)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-15
- IRS object ID
- 201231369349307838
- Schema version
- 2010v3.4
- 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 I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-15T18:38:03-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE HORWATH LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 575 MARKET STREET SUITE 3300 | AddressLine1 |
| City | SAN FRANCISCO | City |
| State | CA | State |
| ZIP Code | 94105 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 942952578 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOW INCOME INVESTMENT FUND | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LOWI | NameControl |
| Phone | 4157729094 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 PINE STREET SUITE 1800 | AddressLine1 |
| City | SAN FRANCISCO | City |
| State | CA | State |
| ZIP Code | 94111 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ART FATUM | Name |
| Title | CFO | Title |
| Phone | 4157729094 | Phone |
| Date Signed | 2012-05-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4155761100 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | NANCY O ANDREWS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 PINE STREET SUITE 1800 | AddressLine1 |
| City | SAN FRANCISCO | City |
| State | CA | State |
| ZIP Code | 94111 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 46031633 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.LIIFUND.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1984 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | LOW INCOME INVESTMENT FUND IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION WHICH PROVIDES A COMPREHENSIVE RANGE OF PROGRAMS TO INCREASE THE AVAILABILITY OF CAPITAL IN LOW-INCOME COMMUNITIES AT AFFORDABLE RATES AND TERMS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 12 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 12 | NbrIndependentVotingMembers |
| Total Nbr Employees | 62 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 5663159 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 16402862 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 12444660 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 11919028 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1636474 | InvestmentIncomePriorYear |
| Investment Income Current Year | 614320 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 696 | OtherRevenuePriorYear |
| Other Revenue Current Year | 60906 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 19744989 | TotalRevenuePriorYear |
| Total Revenue Current Year | 28997116 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 903384 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1784117 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 6366244 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 6380414 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 619238 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 5152856 | OtherExpensePriorYear |
| Other Expenses Current Year | 5299221 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 12422484 | TotalExpensesPriorYear |
| Total Expenses Current Year | 13463752 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 7322505 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 15533364 | RevenuesLessExpensesCY |
| Total Assets BOY | 132307868 | TotalAssetsBOY |
| Total Assets EOY | 166189220 | TotalAssetsEOY |
| Total Liabilities BOY | 85076078 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 104072926 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 47231790 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 62116294 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE LOW INCOME INVESTMENT FUND IS DEDICATED TO CREATING PATHWAYS OF OPPORTUNITY FOR LOW INCOME PEOPLE AND COMMUNITIES. LIIF'S OVERARCHING MISSION IS POVERTY ALLEVIATION. LIIF ACHIEVES THIS MISSION BY INVESTING CAPITAL FOR HEALTHY COMMUNITIES AND FAMILIES. LIIF BUILDS BRIDGES BETWEEN PRIVATE CAPITAL MARKETS AND PLACES WHERE LOW INCOME PEOPLE LIVE.LIIF PARTNERS WITH LOW INCOME COMMUNITIES, COMMUNITY BASED ORGANIZATIONS, FUNDERS, AND FINANCIAL INSTITUTIONS TO CREATE A NETWORK OF SUPPORT TO ADDRESS THE CHALLENGES FACING LOW INCOME INDIVIDUALS AND FAMILIES. SINCE ITS FOUNDING IN 1984, LIIF HAS PROVIDED $1.1 BILLION IN FINANCING AND TECHNICAL ASSISTANCE FOR PROJECTS BENEFITING LOW INCOME COMMUNITIES, LEVERAGING INVESTMENTS OF $6 BILLION. THROUGH THESE PROJECTS, WE HAVE SERVED OVER 1 MILLION PEOPLE AND SUPPORTED: - 56,000 UNITS OF HOUSING; 190,000 CHILD CARE SPACES; 58,000 SPACES IN SCHOOLS FOR CHILDREN; AND7.0 MILLION SQUARE FT OF GREENER FACILITIES. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 5238151 | Expense |
| Grants | 336395 | Grants |
| Revenue | 9561591 | Revenue |
| Description | LENDING ACTIVITIES:BECAUSE NO SINGLE APPROACH ALONE CAN LIFT A FAMILY OUT OF POVERTY, LIIF EMPLOYS A HOLISTIC STRATEGY THAT FOCUSES ON FIVE PRIORITY PROGRAMS - HOUSING, CHILD CARE, EDUCATION, TRANSIT ORIENTED DEVELOPMENT AND HEALTH (THROUGH ACCESS TO HEALTHY FOOD AND HEALTH CARE CLINICS), WITH GREEN DEVELOPMENT AS A CROSS-CUTTING THEME. THESE AREAS ARE KEY LEVERS IN ADDRESSING POVERTY THAT ALSO REQUIRE OUR CORE COMPETENCE, NAMELY CAPITAL AND FINANCE. LIIF'S FLEXIBLE AND AFFORDABLE CAPITAL FILLS A GAP FOR COMMUNITY DEVELOPMENT ORGANIZATIONS THAT ARE UNABLE TO CONSISTENTLY ACCESS LOANS FROM TRADITIONAL FINANCIAL INSTITUTIONS. MEANWHILE, LIIF'S TECHNICAL ASSISTANCE GUIDES BORROWERS THROUGH THE CHALLENGING PROCESS OF REAL ESTATE DEVELOPMENT AND FINANCING. LIIF MAKES DIRECT LOANS THROUGH ITS REVOLVING LOAN FUND (RLF) AND OTHER LOAN FUNDS. LIIF ALSO UNDERWRITES AND PACKAGES LOANS ACQUIRED BY BANKS, OTHER INTERMEDIARIES AND CONVENTIONAL LENDERS THROUGH INNOVATIVE PROGRAM-SPECIFIC FUNDS TO SUPPORT COMMUNITY DEVELOPMENT ORGANIZATIONS ACROSS THE NATION. MORE THAN 97 PERCENT OF ITS LENDING IS DIRECTED TO LOW AND VERY LOW INCOME FAMILIES AND INDIVIDUALS. LIIF COMPLEMENTS ITS LOANS WITH THOROUGH, TIME-INTENSIVE TECHNICAL ASSISTANCE (TA). LIIF'S TA GUIDES ORGANIZATIONS THROUGH REAL ESTATE DEVELOPMENT, HELPING THEM DEVELOP AND SUSTAIN THEIR FINANCIAL STABILITY TO ENSURE PRUDENT PLANNING AND MANAGEMENT OF THEIR FINANCIAL OBLIGATIONS AND ULTIMATELY, AND ENABLING THESE COMMUNITY BORROWERS TO READY THEIR ORGANIZATIONS TO APPROACH CONVENTIONAL LENDERS.AFFORDABLE HOUSING IS THE CORNERSTONE OF LIIF'S WORK, COMPRISING HALF OF THE ORGANIZATION'S HISTORICAL ACTIVITY. SINCE ITS INCEPTION, LIIF HAS INVESTED MORE THAN $575 MILLION TO SUPPORT THE DEVELOPMENT OF 56,000 UNITS OF AFFORDABLE HOUSING, WHICH HAS PRODUCED ENHANCED LIVING CONDITIONS AND SAVED LOW INCOME FAMILIES MORE THAN $10 BILLION IN REDUCED HOUSING COSTS. AVAILABILITY OF AFFORDABLE HOUSING IS VITAL IN CREATING A FOUNDATION FOR FAMILY STABILITY AND COMMUNITY REVITALIZATION, AND IT PLAYS A CRITICAL ROLE IN ADVANCING FAMILY WELL-BEINGLINKED, AS IT IS, TO EMPLOYMENT, WAGE GAINS, EDUCATIONAL ATTAINMENT AND GENERALLY IMPROVED HEALTH FOR POOR FAMILIES. EDUCATION IS A KEY COMPONENT IN ENHANCING OPPORTUNITIES FOR ECONOMIC MOBILITY AND ASSET GROWTH FOR LOW INCOME HOUSEHOLDS. LIIF LAUNCHED ITS EDUCATION PROGRAM IN 1998, AND CURRENTLY FOCUSES ON HELPING CHARTER SCHOOLS BRING QUALITY EDUCATIONAL OPPORTUNITIES TO UNDERSERVED, DISTRESSED COMMUNITIES. LIIF'S EDUCATION PROGRAM USES A THREE-PRONGED APPROACH TO ACHIEVE ITS GOALS: PROVIDING DIRECT FINANCING FOR SCHOOLS, LEVERAGING THIRD-PARTY CAPITAL FOR SCHOOLS, AND BUILDING THE CAPACITY OF SCHOOL DEVELOPERS AND THE EDUCATION SYSTEM. LIIF IS ONE OF THE LARGEST CDFI CHARTER SCHOOL FINANCIERS IN THE NATION, HAVING INVESTED OVER $300 MILLION SUPPORTING THE DEVELOPMENT OF 58,000 QUALITY CHARTER SCHOOL SPACES FOR LOW-INCOME STUDENTS. TRANSIT-ORIENTED DEVELOPMENT (TOD) IS AN EMERGING FOCUS FOR LIIF BECAUSE TRANSPORTATION COSTS PLACE AN INORDINATE BURDEN ON LOW INCOME PEOPLE. LIIF'S TOD PROGRAM INVESTS IN PROJECTS THAT PLACE AFFORDABLE HOUSING AND VITAL COMMUNITY SERVICES CLOSE TO ACCESSIBLE TRANSPORTATION. LIIF MANAGES THE $50 MILLION TOAH FUND, AN INNOVATIVE STRUCTURED FUND THAT PROVIDES DEVELOPERS WITH FLEXIBLE, AFFORDABLE CAPITAL TO PURCHASE OR IMPROVE AVAILABLE PROPERTY NEAR TRANSIT LINES IN THE BAY AREA. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2428479 | Expense |
| Grants | 1193808 | Grants |
| Revenue | 2024983 | Revenue |
| Description | CHILD CARE PROGRAM:QUALITY CHILD CARE ENABLES PARENTS TO WORK OR ATTEND SCHOOL WITHOUT WORRY FOR THEIR CHILDREN'S WELL-BEING. LIIF LAUNCHED ITS CHILD CARE PROGRAM IN 1998, OFFERING LOANS, GRANTS AND TECHNICAL ASSISTANCE TO SUPPORT THE DEVELOPMENT OF HIGH QUALITY CHILD CARE SLOTS FOR LOW INCOME FAMILIES. SINCE THE PROGRAM'S INCEPTION, LIIF HAS PROVIDED TRAININGS AND WORKSHOPS ON THE DEVELOPMENT AND FINANCING OF CHILD CARE CENTER FACILITIES AND ONE-ON-ONE TECHNICAL ASSISTANCE TO PROVIDERS. IN ADDITION, LIIF HAS OFFERED MILLIONS OF DOLLARS IN LOANS AND PLANNING GRANTS. LIIF ACCOMPLISHES ITS CHILD CARE GOALS THROUGH THREE PROGRAMS: THE AWARD-WINNING CHILD CARE FACILITIES FUND, THE AFFORDABLE BUILDINGS FOR CHILDREN'S DEVELOPMENT (ABCD) INITIATIVE AND THE FUND FOR CHILDREN AND COMMUNITIES. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 446470 | Expense |
| Revenue | 43736 | Revenue |
| Description | NATIONAL POLICY:LIIF DESIGNS AND IMPLEMENTS ADVOCACY STRATEGIES TO ENSURE THE ORGANIZATION IS ACTIVE IN FEDERAL POLICY INITIATIVES RELEVANT TO ITS MAIN PROGRAM AREAS. THE NATIONAL POLICY PROGRAM ADVANCES THE POLICY AGENDA OF LIIF, LEVERAGING RELATIONSHIPS AND BUILDING DYNAMISM AROUND THE ORGANIZATION AND ITS MISSION OF POVERTY ALLEVIATION. IN ADDITION TO ADVOCATING FOR PROGRAMS AND POLICIES THAT SUPPORT ITS OWN ACTIVITIES, LIIF ALSO SUPPORTS THE ACTIVITY FOR ALL CDFIS AS A NON-PROFIT BUSINESS MODEL FOR PROVIDING CAPITAL TO LOW INCOME NEIGHBORHOODS. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2550115 | Expense |
| Revenue | 349624 | Revenue |
| Description | OTHER DEVELOPMENT SERVICES:OTHER DEVELOPMENT SERVICES INCLUDE KEY EMERGING INITIATIVES INCLUDING THOSE SUPPORTING GREEN, HEALTHY FOODS, AND TOD PROGRAM DEVELOPMENT. THE MOST NOTABLE ACTIVITIES ARE THE CALIFORNIA PRESCHOOL ENERGY EFFICIENCY PROGRAM, WHICH PROVIDES COST SAVING, ENERGY EFFICIENCY RETROFITS FOR PRESCHOOLS THROUGHOUT CALIFORNIA AND THE LAUNCH OF LIIF'S $30 MILLION HFHC FUND PROVIDES FINANCING AND TECHNICAL ASSISTANCE TO BUILD AND EXPAND HEALTHY FOOD RETAIL IN DISTRESSED NEW YORK NEIGHBORHOODS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 2550115 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 349624 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 10663215 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 57 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 62 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Taxable Distributions | 0 | TaxableDistributions |
| Distribution To Donor | 0 | DistributionToDonor |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 12 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 12 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 1 | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOW INCOME INVESTMENT FUND | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4157729094 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 PINE STREET SUITE 1800 | AddressLine1 |
| City | SAN FRANCISCO | City |
| State | CA | State |
| ZIP Code | 94111 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (23 entries)
| TitleTitle | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Average Hours Per WeekAverageHoursPerWeek | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| BARRY ZIGAS | ||||||||
| DIRECTOR | X | 0 | 0 | 0 | ||||
| ELLEN SEIDMAN | ||||||||
| DIRECTOR | X | 0 | 0 | 0 | ||||
| JOSEPH REILLY | ||||||||
| DIRECTOR | X | 0 | 0 | 0 | ||||
| JUDD S LEVY | ||||||||
| DIRECTOR | X | 0 | 0 | 0 | ||||
| JUDY BURTON | ||||||||
| DIRECTOR | X | 0 | 0 | 0 | ||||
| KIRSTEN MOY | ||||||||
| DIRECTOR | X | 0 | 0 | 0 | ||||
| MARY KAISER | ||||||||
| DIRECTOR | X | 0 | 0 | 0 | ||||
| PATRICK J NASH | ||||||||
| DIRECTOR | X | 0 | 0 | 0 | ||||
| DAN LETENDRE | ||||||||
| VICE CHAIR | 0 | 0 | 0 | X | ||||
| DANIEL A NISSENBAUM | ||||||||
| CHAIR | 0 | 0 | 0 | X | ||||
| ELIZABETH L PUGH | ||||||||
| TREASURER | 0 | 0 | 0 | X | ||||
| NANCY DUFF CAMPBELL | ||||||||
| SECRETARY | 0 | 0 | 0 | X | ||||
| ARTHUR FATUM | ||||||||
| CFO & EVP CAPITAL MARKETS | 291000 | 0 | 30246 | 40.00 | X | |||
| BRIAN PRATER | ||||||||
| MANAGING DIRECTOR, WESTERN | 208500 | 0 | 25687 | 40.00 | X | |||
| COREY M CARLISLE | ||||||||
| DIRECTOR, FED POLICY & GOV | 187200 | 0 | 14201 | 40.00 | X | |||
| JUDITH KENDE | ||||||||
| MANAGING DIRECTOR, EASTERN | 212000 | 0 | 8480 | 40.00 | X | |||
| KIMBERLY LATIMER-NELLIGAN | ||||||||
| CHIEF OPERATING OFFICER | 315000 | 0 | 22002 | 40.00 | X | |||
| NANCY O ANDREWS | ||||||||
| PRESIDENT & CEO | 377000 | 0 | 30592 | 40.00 | X | |||
| CANDACE WONG | ||||||||
| DIRECTOR, CALIFORNIA CHILD CARED | 117017 | 0 | 9564 | 40.00 | X | |||
| DEBORAH LELAND | ||||||||
| CHIEF CREDIT OFFICER | 142550 | 0 | 9559 | 32.00 | X | |||
| DIANE BORRADAILE | ||||||||
| DIRECTOR OF ASSET MANAGEMENT | 146300 | 0 | 23559 | 40.00 | X | |||
| HANNAH BLITZER | ||||||||
| SENIOR LOAN OFFICER | 117250 | 0 | 22366 | 40.00 | X | |||
| ROXANNE HUEY | ||||||||
| CONTROLLER | 155650 | 0 | 14368 | 40.00 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2269467 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 210624 | TotalOtherCompensation |
| Number Individuals GT100 K | 14 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| MCPHARLIN SPRINKLES & THOMAS LLP | |||||
| 160 W SANTA CLARA STREET SUITE 40 | SAN JOSE | CA | 95113 | LEGAL CONSULTING | 202130 |
| BOCARSLY EMDEN COWAN ESMAIL & ARNDT LLP | |||||
| 7200 WISCONSIN AVENUE SUITE 900 | BETHESDA | MD | 20814 | LEGAL CONSULTING | 160000 |
| PERRY-SMITH LLP | |||||
| 400 CAPITOL MALL STE 1200 | SACRAMENTO | CA | 95814 | AUDIT/TAX SERVICES | 147020 |
| ERNST & YOUNG | |||||
| BANK OF AMERICA-CHIC 91251 | CHICAGO | IL | 60693 | CONSULTING | 125000 |
| NOVOGRADAC & COMPANY LLP | |||||
| 246 FIRST STREET 5TH FLOOR | SAN FRANCISCO | CA | 94105 | AUDIT/TAX SERVICES | 121147 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| Government Grants | 11861171 | GovernmentGrants |
| All Other Contributions | 4541691 | AllOtherContributions |
| Noncash Contributions | 1500000 | NoncashContributions |
| Total Contributions | 16402862 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| INTEREST ON LOANS | 525990 | 5865980 | 5865980 |
| TECHNICAL ASSISTANCE A | 525990 | 2947619 | 2947619 |
| LOAN PACKAGING AND SER | 525990 | 2558065 | 2558065 |
| LOAN ORIGINATION | 525990 | 547364 | 547364 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 11919028 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 494728 | TotalRevenueColumn |
| Exclusion | $494,728 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 17154109 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 17034517 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 119592 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 119592 | TotalRevenueColumn |
| Exclusion | $119,592 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| INCOME FROM LIIF TOAH | 523000 | 50274 | 50274 |
| OTHER | 525990 | 10632 | 10632 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 60906 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 28997116 | TotalRevenueColumn |
| Related Or Exempt Function Income | 11979934 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $614,320 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1722093 | Total |
| Program Services | 1722093 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 62024 | Total |
| Program Services | 62024 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6380414 | Total |
| Program Services | 4655876 | ProgramServices |
| Management And General | 1313494 | ManagementAndGeneral |
| Fundraising | 411044 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 204428 | Total |
| Management And General | 99407 | ManagementAndGeneral |
| Fundraising | 105021 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 279713 | Total |
| Program Services | 122914 | ProgramServices |
| Management And General | 156799 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 86711 | Total |
| Program Services | 11935 | ProgramServices |
| Management And General | 51061 | ManagementAndGeneral |
| Fundraising | 23715 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1877034 | Total |
| Program Services | 1877034 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 400468 | Total |
| Program Services | 289778 | ProgramServices |
| Management And General | 79230 | ManagementAndGeneral |
| Fundraising | 31460 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 653427 | Total |
| Program Services | 537125 | ProgramServices |
| Management And General | 84326 | ManagementAndGeneral |
| Fundraising | 31976 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 312621 | Total |
| Program Services | 241205 | ProgramServices |
| Management And General | 64908 | ManagementAndGeneral |
| Fundraising | 6508 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48605 | Total |
| Program Services | 41859 | ProgramServices |
| Management And General | 6004 | ManagementAndGeneral |
| Fundraising | 742 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1314384 | Total |
| Program Services | 1314384 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 160134 | Total |
| Program Services | 149976 | ProgramServices |
| Management And General | 7819 | ManagementAndGeneral |
| Fundraising | 2339 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| INSURANCE,LICENSES,FEES | 296039 | 92546 | 202107 | 1386 |
| MISCELLANEOUS | 104860 | 36775 | 67805 | 280 |
| TELEPHONE | 78675 | 65158 | 9666 | 3851 |
| MEMBERSHIPS AND PUBLICA | 74076 | 34487 | 38673 | 916 |
| SCH K1 FROM CHARTER SCH | 27638 | 27638 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -619592 | Total |
| Program Services | -619592 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13463752 | Total |
| Program Services | 10663215 | ProgramServices |
| Management And General | 2181299 | ManagementAndGeneral |
| Fundraising | 619238 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2330098 | BOY |
| EOY | 7462362 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20592643 | BOY |
| EOY | 32344224 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3817500 | BOY |
| EOY | 6845000 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2197769 | BOY |
| EOY | 1829909 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 86214562 | BOY |
| EOY | 98858663 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 353637 | BOY |
| EOY | 537989 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1993537 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1520666 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 544367 | BOY |
| EOY | 472871 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12748377 | BOY |
| EOY | 14572906 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 101688 | BOY |
| EOY | 101050 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8670 | BOY |
| EOY | 14084 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3398557 | BOY |
| EOY | 3150162 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 132307868 | BOY |
| EOY | 166189220 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3834551 | BOY |
| EOY | 4576948 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 76843301 | BOY |
| EOY | 87897454 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4398226 | BOY |
| EOY | 11598524 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 85076078 | BOY |
| EOY | 104072926 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26485434 | BOY |
| EOY | 29300413 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20746356 | BOY |
| EOY | 32815881 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47231790 | BOY |
| EOY | 62116294 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 132307868 | BOY |
| EOY | 166189220 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 15533364 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -648860 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3394974 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 9824369 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 6217633 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 5663159 | CurrentTaxYearMinus1Year |
| Current Tax Year | 16402862 | CurrentTaxYear |
| Total | 41502997 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3394974 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 9824369 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 6217633 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 5663159 | CurrentTaxYearMinus1Year |
| Current Tax Year | 16402862 | CurrentTaxYear |
| Total | 41502997 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 15473575 | AmountsSubstContributorsTotal |
| Public Support Total170 | 26029422 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2356618 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1713630 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 764265 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 565601 | CurrentTaxYearMinus1Year |
| Current Tax Year | 494728 | CurrentTaxYear |
| Total | 5894842 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 28088 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 26558 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 29216 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 696 | CurrentTaxYearMinus1Year |
| Current Tax Year | 60906 | CurrentTaxYear |
| Total | 145464 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 47543303 | TotalSupport |
| Gross Receipts From Admissions Etc | 66624636 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.54750 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.71920 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
Total Direct Lobbying TotalDirectLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 45392 | FilingOrganizationsTotals |
Total Lobbying Expenditures TotalLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 45392 | FilingOrganizationsTotals |
Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 13393196 | FilingOrganizationsTotals |
Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 13438588 | FilingOrganizationsTotals |
Lobbying Nontaxable LobbyingNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 821929 | FilingOrganizationsTotals |
Grassroots Nontaxable GrassrootsNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 205482 | FilingOrganizationsTotals |
Tot Lobbying Grassroot Minus Non Tx TotLobbyingGrassrootMinusNonTx
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Tot Lobby Expend Mns Lobbying Nontx TotLobbyExpendMnsLobbyingNontx
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus2 | 1000000 | CurrentYearMinus2 |
| Current Year Minus1 | 770492 | CurrentYearMinus1 |
| Current Year | 821929 | CurrentYear |
| Total | 2592421 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $3,888,632 | LobbyingCeilingAmount |
Total Lobbying Expenditures2 TotalLobbyingExpenditures2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus2 | 99615 | CurrentYearMinus2 |
| Current Year Minus1 | 43155 | CurrentYearMinus1 |
| Current Year | 45392 | CurrentYear |
| Total | 188162 | Total |
Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus2 | 250000 | CurrentYearMinus2 |
| Current Year Minus1 | 192623 | CurrentYearMinus1 |
| Current Year | 205482 | CurrentYear |
| Total | 648105 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $972,158 | GrassrootsCeilingAmount |
Schedule D IRS990ScheduleD
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1993537 | OtherCostOrOtherBasis |
| Depreciation | 1520666 | Depreciation |
| Book Value | 472871 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 472871 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ACCRUED INTEREST PAYABLE | $57,868 |
| FUNDS HELD IN TRUST | $11,540,656 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 11598524 | TotalOfAmounts |
| Total Revenue | 28997116 | TotalRevenue |
| Total Expenses | 13463752 | TotalExpenses |
| Excess Or Deficit For Year | 15533364 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -626191 | NetUnrealizedGLOnInvestments |
| Donated Services And Facilities | 15000 | DonatedServicesAndFacilities |
| Other | -$37,669 | OtherAmount |
| Total Adjustments | -648860 | TotalAdjustments |
| Excess Or Deficit Per FS | 14884504 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 28323090 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -626191 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 15000 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | -611191 | RevenueNotRptdF990 |
| Revenue Subtotal | 28934281 | RevenueSubtotal |
| Other Revenues Not Included | 62835 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 62835 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 28997116 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 13438588 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 15000 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 15000 | ExpensesNotRptdF990 |
| Expenses Subtotal | 13423588 | ExpensesSubtotal |
| Other Expenses Not Included | 40164 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 40164 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 13463752 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | DONATED SERVICES -15,000. INTEREST INCOME FROM CHARTER SCHOOL FINANCING PARTNERSHIP LLC -14. INTEREST INCOME FROM LIIF TOAH MEMBER, LLC -1,946. INTEREST INCOME FROM LA COUNTY HOUSING INNOVATION FUND, LLC -10,599. ORDINARY BUSINESS INCOME FROM LIIF TOAH MEMBER, LLC -50,274. ORDINARY BUSINESS INCOME FROM LA COUNTY HOUSING INNOVATION FUND, LLC 12,526. ORDINARY BUSINESS INCOME FROM CHARTER SCHOOL FINANCING PARTNERSHIP LLC 27,638. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INTEREST INCOME FROM LIIF TOAH MEMBER LLC 1,948. INTEREST INCOME FROM LA COUNTY HOUSING INNOVATION FUND LLC 10,599. ORDINARY BUSINESS INCOME FROM LIIF TOAH MEMBER LLC 50,274. INTEREST INCOME FROM CHARTER SCHOOL FINANCING PARTNERSHIP LLC 14. |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | ORDINARY BUSINESS LOSS FROM CHARTER SCHOOL FINANCING PARTNERSHIP LLC 27,638. ORDINARY BUSINESS LOSS FROM LA COUNTY HOUSING INNOVATION FUND, LLC 12,526. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 0 | RecordsMaintained |
Recipient Table RecipientTable (40 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| A JOYFUL NOISE LEARNING CENTER | |||||||
| 26555 GADING ROAD | HAYWARD | CA | 94544 | 501(C)(3) | 50000 | BOOK | - |
| BAY AREA HISPANO INSTITUTE FOR ADVANCEMENT INC | |||||||
| 1000 CAMELIA STREET | BERKELEY | CA | 94710 | 501(C)(3) | 69300 | BOOK | - |
| BAY AREA TRANSIT ORIENTED AFFORDABLE HOUSING LLC | |||||||
| 100 PINE STREET SUITE 800 | SAN FRANCISCO | CA | 94111 | 50000 | BOOK | - | |
| BERKELEY-ALBANY YMCA | |||||||
| 2009 10TH STREET | BERKELEY | CA | 94710 | 501(C)(3) | 13407 | BOOK | - |
| BOCARSLY EMDEN COWAN ESMAIL & ARNDT LLP | |||||||
| 7200 WISCONSIN AVE SUITE 900 | BETHESDA | MD | 20814 | 160000 | BOOK | - | |
| BRIGHT START PRESCHOOL - REPAYMENT OF GRANT | |||||||
| -2000 | BOOK | -- | |||||
| CATHOLIC CHARITIES CYO | |||||||
| 180 HOWARD STEET SUITE 100 | SAN FRANCISCO | CA | 94105 | 501(C)(3) | 10000 | BOOK | - |
| CHERYL ANDERSON-SORENSON CHILD CARE CENTER | |||||||
| 4150 CLEMENT STREET | SAN FRANCISCO | CA | 94121 | 501(C)(3) | 35060 | BOOK | - |
| CHILD EDUCATION CENTER | |||||||
| 1222 UNIVERSITY AVENUE | BERKELEY | CA | 94702 | 501(C)(3) | 50000 | BOOK | - |
| CHILD'S TIME | |||||||
| 3061 SAN BRUNO AVENUE | SAN FRANCISCO | CA | 94134 | 501(C)(3) | 5000 | BOOK | - |
| COMPASS FAMILY SERVICES - COMPASS CLARA HOUSE | |||||||
| 111 PAGE STREET | SAN FRANCISCO | CA | 94102 | 501(C)(3) | 2000 | BOOK | - |
| CORPORATION FOR SUPPORTIVE HOUSING | |||||||
| 50 BROADWAY 17TH FLOOR | NEW YORK | NY | 10004 | 501(C)(3) | 20000 | BOOK | - |
| CROSS CULTURAL FAMILY CENTER | |||||||
| PO BOX 15366 | SAN FRANCISCO | CA | 94115 | 501(C)(3) | 40850 | BOOK | - |
| DAVIS STREET FAMILY RESOURCE CENTER | |||||||
| 3081 TEAGARDEN STREET | SAN LEANDRO | CA | 94577 | 501(C)(3) | 119995 | BOOK | - |
| EAST BAY AGENCY FOR CHILDREN | |||||||
| 303 VAN BUREN AVENUE | OAKLAND | CA | 94610 | 501(C)(3) | 99400 | BOOK | - |
| ECONOMIC OPPORTUNITY COUNCIL OF SAN FRANCISCO | |||||||
| 1426 FILLMORE STREET SUITE 301 | SAN FRANCISCO | CA | 94115 | 501(C)(3) | 130400 | BOOK | - |
| ENTERPRISE COMMUNITY LOAN FUND INC | |||||||
| 10227 WINCOPIN CIRCLE | COLUMBIA | MD | 21044 | 501(C)(3) | 20000 | BOOK | - |
| FREE TO BE ME CHILD CARE | |||||||
| 542 JUNCTION AVENUE | LIVERMORE | CA | 94550 | 10000 | BOOK | - | |
| KIDANGO INC | |||||||
| 44000 OLD WARM SPRINGS BLVD | FREMONT | CA | 94538 | 501(C)(3) | 106146 | BOOK | - |
| LITTLE CHILDREN'S DEVELOPMENT CENTER | |||||||
| 1223 WEBSTER STREET | SAN FRANCISCO | CA | 94115 | 501(C)(3) | 5000 | BOOK | - |
| LITTLE SUNSHINE LEARNING CENTER | |||||||
| 20376 WISTERIA STREET | CASTRO VALLEY | CA | 94546 | 10000 | BOOK | - | |
| LOCAL INITIATIVES SUPPORT CORP | |||||||
| 501 SEVENTH AVENUE 7TH FLOOR | NEW YORK | NY | 10018 | 501(C)(3) | 20000 | BOOK | - |
| MCPHARLIN SPRINKLES & THOMAS LLP | |||||||
| 10 ALMADEN BLVD SUITE 1460 | SAN JOSE | CA | 95113 | 5000 | BOOK | - | |
| NIA HOUSE LEARNING CENTER | |||||||
| 2234 9TH STREET | BERKELEY | CA | 94710 | 67000 | BOOK | - | |
| NOE VALLEY NURSERY SCHOOL | |||||||
| PO BOX 31128 | SAN FRANCISCO | CA | 94131 | 501(C)(3) | 7576 | BOOK | - |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND | |||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 501(C)(3) | 20000 | BOOK | - |
| OPPORTUNITY FUND NORTHERN CALIFORNIA | |||||||
| 111 W ST JOHN STREET SUITE 800 | SAN JOSE | CA | 95113 | 501(C)(3) | 20000 | BOOK | - |
| PAUL HASTINGS JANOFSKY & WALKER LLP | |||||||
| 7200 WISCONSIN AVE SUITE 900 | BETHESDA | MD | 20814 | 15000 | BOOK | - | |
| PRESIDIO PRESCHOOL | |||||||
| 143 CLEMENT STREET | SAN FRANCISCO | CA | 94118 | 501(C)(3) | 19940 | BOOK | - |
| SNELL & WILMER | |||||||
| ONE ARIZONA CENTER | PHOENIX | AZ | 85004 | 5000 | BOOK | - | |
| STEP ONE SCHOOL | |||||||
| 499 SPUCE STREET | BERKELEY | CA | 94708 | 501(C)(3) | 25000 | BOOK | - |
| TELEGRAPH HILL NEIGHBORHOOD CENTER | |||||||
| 660 LOMBARD STREET | SAN FRANCISCO | CA | 94133 | 10000 | BOOK | - | |
| THE FOOD TRUST | |||||||
| 1617 JOHN F KENNEDY BLVDSTE900 | PHILADELPHIA | PA | 19103 | 501(C)(3) | 182951 | BOOK | - |
| THE REINVESTMENT FUND | |||||||
| 1700 MARKET STREET 19TH FLOOR | PHILADELPHIA | PA | 19103 | 501(C)(3) | 70963 | BOOK | - |
| THE SALVATION ARMY | |||||||
| 279 12TH STREET | OAKLAND | CA | 94607 | 501(C)(3) | 68864 | BOOK | - |
| THROUGH THE LOOKING GLASS | |||||||
| 2198 6TH STREET SUITE 100 | BERKELEY | CA | 94710 | 501(C)(3) | 100000 | BOOK | - |
| TUDORKA TOTS INFANT AND PRESCHOOL CENTER | |||||||
| 5040 MOUNTAIN BLVD | OAKLAND | CA | 94619 | 501(C)(3) | 10000 | BOOK | - |
| VENABLE LLP | |||||||
| 720 E PRATT STREET SUITE 900 | BALTIMORE | MD | 21202 | 1395 | BOOK | - | |
| WHITNEY YOUNG CHILD DEVELOPMENT CENTER INC | |||||||
| 100 WHITNEY YOUNG CIRCLE | SAN FRANCISCO | CA | 94124 | 501(C)(3) | 45000 | BOOK | - |
| WU YEE CHILDREN'S SERVICES | |||||||
| 706 MISSION STREET 6TH FLOOR | SAN FRANCISCO | CA | 94103 | 501(C)(3) | 23846 | BOOK | - |
Form990 Schedule I Part III Form990ScheduleIPartIII (15 entries)
| Type Of GrantTypeOfGrant | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation |
|---|---|---|
| GAYANE MELIKYAN | 3000 | BOOK |
| DAVELLA STEPTOE-GRAY | 5000 | BOOK |
| FREDA STOWE | 5000 | BOOK |
| LAURA LOPEZ | 2500 | BOOK |
| LI XIAN ZHENG | 2100 | BOOK |
| LI YAN CHEN | 5000 | BOOK |
| SAHAR ELDEEB | 5000 | BOOK |
| XIAO YAN LI | 15000 | BOOK |
| ISOLINA FUENTES | 3000 | BOOK |
| LI QING LIANG | 1600 | BOOK |
| RENEE UNDERWOOD | 3000 | BOOK |
| PUI YU YAN | 500 | BOOK |
| HUI XIN YANG | 2324 | BOOK |
| NATASHIA WADE-BELL | 5000 | BOOK |
| NORMA LEE CARTER | 4000 | BOOK |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (11 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ARTHUR FATUM | |||||||||||||
| 236000 | 0 | 55000 | 0 | 0 | 0 | 10208 | 0 | 20038 | 0 | 321246 | 0 | 306100 | 0 |
| BRIAN PRATER | |||||||||||||
| 168500 | 0 | 40000 | 0 | 0 | 0 | 8340 | 0 | 17347 | 0 | 234187 | 0 | 230366 | 0 |
| COREY M CARLISLE | |||||||||||||
| 177200 | 0 | 10000 | 0 | 0 | 0 | 7488 | 0 | 6713 | 0 | 201401 | 0 | 189387 | 0 |
| JUDITH KENDE | |||||||||||||
| 169500 | 0 | 42500 | 0 | 0 | 0 | 8480 | 0 | 0 | 0 | 220480 | 0 | 186171 | 0 |
| KIMBERLY LATIMER-NELLIGAN | |||||||||||||
| 245000 | 0 | 70000 | 0 | 0 | 0 | 12600 | 0 | 9402 | 0 | 337002 | 0 | 304407 | 0 |
| NANCY O ANDREWS | |||||||||||||
| 287000 | 0 | 90000 | 0 | 0 | 0 | 12313 | 0 | 18279 | 0 | 407592 | 0 | 375230 | 0 |
| CANDACE WONG | |||||||||||||
| 100017 | 0 | 17000 | 0 | 0 | 0 | 4681 | 0 | 4883 | 0 | 126581 | 0 | 0 | 0 |
| DEBORAH LELAND | |||||||||||||
| 135450 | 0 | 7100 | 0 | 0 | 0 | 5702 | 0 | 3857 | 0 | 152109 | 0 | 150047 | 0 |
| DIANE BORRADAILE | |||||||||||||
| 135050 | 0 | 11250 | 0 | 0 | 0 | 5852 | 0 | 17707 | 0 | 169859 | 0 | 0 | 0 |
| HANNAH BLITZER | |||||||||||||
| 107350 | 0 | 9900 | 0 | 0 | 0 | 4690 | 0 | 17676 | 0 | 139616 | 0 | 0 | 0 |
| ROXANNE HUEY | |||||||||||||
| 145650 | 0 | 10000 | 0 | 0 | 0 | 6226 | 0 | 8142 | 0 | 170018 | 0 | 171241 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | THE ORGANIZATION REIMBURSES THEIR EMPLOYEES FOR HEALTH CLUB MEMBERSHIP DUES UP TO $50 PER MONTH AS WELLNESS BENEFITS. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (9 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| PATRICK J NASH | |||
| EMPLOYEE OF AN ENTITY LIIF DID BUSINESS WITH | 5250000 | NOTE PAYABLE | 0 |
| PATRICK J NASH | |||
| EMPLOYEE OF AN ENTITY LIIF DID BUSINESS WITH | 1392073 | CASH EQUIVALENT | 0 |
| PATRICK J NASH | |||
| EMPLOYEE OF AN ENTITY LIIF DID BUSINESS WITH | 145000 | DEBT SECURITY INVESTMENT | 0 |
| ELIZABETH L PUGH | |||
| EMPLOYEE OF AN ENTITY LIIF DID BUSINESS WITH | 1331265 | NOTE PAYABLE | 0 |
| DANIEL A NISSENBAUM | |||
| EMPLOYEE OF AN ENTITY LIIF DID BUSINESS WITH | 130000 | DEBT SECURITY INVESTMENT | 0 |
| DAN LETENDRE | |||
| EMPLOYEE OF AN ENTITY LIIF DID BUSINESS WITH | 39063406 | CASH & MM DEPOSITS | 0 |
| DAN LETENDRE | |||
| EMPLOYEE OF AN ENTITY LIIF DID BUSINESS WITH | 4000000 | NOTE PAYABLE | 0 |
| DAN LETENDRE | |||
| EMPLOYEE OF AN ENTITY LIIF DID BUSINESS WITH | 175000 | DEBT SECURITY INVESTMENT | 0 |
| PATRICK J NASH | |||
| EMPLOYEE OF AN ENTITY LIIF DID BUSINESS WITH | 1662249 | LOANS RECEIVABLE | 0 |
Schedule M IRS990ScheduleM
Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | IN-KIND LEGAL SERVICES | 1 | 15000 | HOURS AND RATE |
| X | STOCK SHARES | 1 | 1500000 | FAIR MARKET VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | MANAGEMENT REVIEWS THE DRAFT COPY OF THE FORM 990 BEFORE IT IS FILED. A COPY OF THE TAX RETURN IS ALSO PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE FILING. | |
| KEY EMPLOYEES ARE REQUIRED TO DISCLOSE IMMEDIATELY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED ANNUALLY TO COMPLETE CONFLICT OF INTEREST SURVEYS IDENTIFYING POTENTIAL CONFLICTS. THE RESULTS OF THESE SURVEYS ARE COMMUNICATED TO THE BOARD OF DIRECTORS TO ENSURE THAT ALL MEMBERS ARE AWARE OF POTENTIAL CONFLICTS THAT MAY ARISE DURING THE YEAR. MEMBERS OF LOAN COMMITTEES MUST RECUSE THEMSELVES FROM DECISIONS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. IN GENERAL, CONFLICTS OF INTEREST ARE LIMITED TO INDIVIDUAL TRANSACTIONS IN WHICH LIIF IS CONSIDERING UNDERTAKING WITH ORGANIZATIONS WITH WHICH A BOARD MEMBER MAY HAVE A RELATIONSHIP. AS A RESULT, IT IS RELATIVELY STRAIGHTFORWARD TO MONITOR COMPLIANCE. | FORM 990, PART VI, SECTION B, LINE 12C | |
| KEY EMPLOYEES, AS DEFINED BY IRS REGULATIONS AND INCLUDING THE CEO, ARE INCLUDED IN ANNUAL COMPENSATION REVIEW AND APPROVAL. AN OUTSIDE, INDEPENDENT CONSULTANT CONDUCTS A REVIEW OF COMPARABLE DATA DRAWN FROM VARIOUS SOURCES INCLUDING INDUSTRY DATA AND COMPENSATION REPORTED BY SIMILAR ORGANIZATIONS (REVIEW OF 990 FILINGS). THESE SUMMARIES ARE PRESENTED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS (COMPRISED OF INDEPENDENT DIRECTORS) WHICH IS RESPONSIBLE FOR REVIEWING COMPENSATION AND RECOMMENDING ADJUSTMENTS TO THE BOARD OF DIRECTORS WHO APPROVE. DELIBERATIONS AND DECISIONS ARE SUBSTANTIATED. | FORM 990, PART VI, SECTION B, LINE 15 | |
| LIIF MAKES AVAILABLE TO THE PUBLIC ITS FINANCIAL STATEMENTS IN SUMMARY FORM THROUGH ITS ANNUAL REPORT, WHICH IS DISSEMINATED WIDELY AND AVAILABLE TO OTHERS UPON REQUEST. THE ORGANIZATIONS BY-LAWS, FORM 990 FILINGS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED LOSSES ON INVESTMENTS: -626,191. DONATED SERVICES AND USE OF FACILITIES: 15,000. DONATED SERVICES -15,000. INTEREST INCOME FROM CHARTER SCHOOL FINANCING PARTNERSHIP LLC -14. INTEREST INCOME FROM LIIF TOAH MEMBER, LLC -1,946. INTEREST INCOME FROM LA COUNTY HOUSING INNOVATION FUND, LLC -10,599. ORDINARY BUSINESS INCOME FROM LIIF TOAH MEMBER, LLC -50,274. ORDINARY BUSINESS INCOME FROM LA COUNTY HOUSING INNOVATION FUND, LLC 12,526. ORDINARY BUSINESS INCOME FROM CHARTER SCHOOL FINANCING PARTNERSHIP LLC 27,638. TOTAL TO FORM 990, PART XI, LINE 5: -648,860. | FORM 990, PART XI, LINE 5: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (15 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Total IncomeTotalIncome | EOY AssetsEOYAssets | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| THE FUND FOR CHILDREN AND COMMUNITIES LLC | |||||||||
| 100 PINE STREET SUITE 1800 | SAN FRANCISCO | CA | 94111 | 753075371 | LENDING | CA | 392686 | 9915955 | YES |
| LIIF NEW MARKETS I | |||||||||
| 100 PINE STREET SUITE 1800 | SAN FRANCISCO | CA | 94111 | NEW MARKET TAX CREDIT DEAL | CA | 52500 | 37378 | YES | |
| LIIF NEW MARKETS II | |||||||||
| 100 PINE STREET SUITE 1800 | SAN FRANCISCO | CA | 94111 | NEW MARKET TAX CREDIT DEAL | CA | 42500 | 5938 | YES | |
| LIIF NEW MARKETS IV | |||||||||
| 100 PINE STREET SUITE 1800 | SAN FRANCISCO | CA | 94111 | NEW MARKET TAX CREDIT DEAL | CA | 35000 | 74562 | YES | |
| LIIF NEW MARKETS III | |||||||||
| 100 PINE STREET SUITE 1800 | SAN FRANCISCO | CA | 94111 | NEW MARKET TAX CREDIT DEAL | CA | 37500 | 7237 | YES | |
| LIIF NEW MARKETS V | |||||||||
| 100 PINE STREET SUITE 1800 | SAN FRANCISCO | CA | 94111 | NEW MARKET TAX CREDIT DEAL | CA | 52580 | 21784 | YES | |
| LIIF NEW MARKETS VII | |||||||||
| 100 PINE STREET SUITE 1800 | SAN FRANCISCO | CA | 94111 | NEW MARKET TAX CREDIT DEAL | CA | 31500 | 15543 | YES | |
| LIIF NEW MARKETS IX | |||||||||
| 100 PINE STREET SUITE 1800 | SAN FRANCISCO | CA | 94111 | NEW MARKET TAX CREDIT DEAL | CA | 44000 | 21142 | YES | |
| LIIF NEW MARKETS X | |||||||||
| 100 PINE STREET SUITE 1800 | SAN FRANCISCO | CA | 94111 | NEW MARKET TAX CREDIT DEAL | CA | 24312 | 7039 | YES | |
| LIIF NEW MARKETS XI | |||||||||
| 100 PINE STREET SUITE 1800 | SAN FRANCISCO | CA | 94111 | NEW MARKET TAX CREDIT DEAL | CA | 83125 | 25869 | YES | |
| LIIF NEW MARKETS XII | |||||||||
| 100 PINE STREET SUITE 1800 | SAN FRANCISCO | CA | 94111 | NEW MARKET TAX CREDIT DEAL | CA | 53500 | 892 | YES | |
| LIIF NEW MARKETS VI | |||||||||
| 100 PINE STREET SUITE 1800 | SAN FRANCISCO | CA | 94111 | NEW MARKET TAX CREDIT DEAL | CA | 7774 | 10377 | YES | |
| LIIF NEW MARKETS VIII | |||||||||
| 100 PINE STREET SUITE 1800 | SAN FRANCISCO | CA | 94111 | NEW MARKET TAX CREDIT DEAL | CA | 13125 | 9090 | YES | |
| LIIF NEW MARKETS XIII | |||||||||
| 100 PINE STREET SUITE 1800 | SAN FRANCISCO | CA | 94111 | NEW MARKET TAX CREDIT DEAL | CA | 19750 | 2599 | YES | |
| LIIF REO I LLC | |||||||||
| 100 PINE STREET SUITE 1800 | SAN FRANCISCO | CA | 94111 | REAL ESTATE - FORECLOSED PROPERTY | CA | 20646 | 670 | YES | |
Form990 Schedule R Part III Form990ScheduleRPartIII
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LIIF TOAH MEMBER LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 PINE STREET SUITE 1800 | AddressLine1 |
| City | SAN FRANCISCO | City |
| State | CA | State |
| ZIP Code | 94111 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activity | LENDING | PrimaryActivity |
| Legal Domicile State | CA | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | YES | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | RELATED | PredominantIncomeType |
| Share Of Total Income | 52222 | ShareOfTotalIncome |
| Share Of EOY Assets | 891 | ShareOfEOYAssets |
| Disproportionate Allocations | 0 | DisproportionateAllocations |
| General Or Managing Partner | 0 | GeneralOrManagingPartner |
| Percentage Ownership | 0.99990 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Form990 Schedule R Part VI Form990ScheduleRPartVI
Name Of Business NameOfBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LA COUNTY HOUSING INNOVATION FUND LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 PINE ST SUITE 1800 | AddressLine1 |
| City | SAN FRANCISCO | City |
| State | CA | State |
| ZIP Code | 94111 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 262824480 | EIN |
| Primary Activity | LENDING | PrimaryActivity |
| Legal Domicile State | CA | LegalDomicileState |
| All Partners C3 S | 1 | AllPartnersC3S |
| Share Of EOY Assets | 6543774 | ShareOfEOYAssets |
| Disproportionate Allocations | 0 | DisproportionateAllocations |
| General Or Managing Partner | 1 | GeneralOrManagingPartner |