PHOENIX COMMUNITY DEVELOPMENT AND INVESTMENT CORPORATION: Form 990, tax year 2011
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- Organization
- PHOENIX COMMUNITY DEVELOPMENT AND INVESTMENT CORPORATION (EIN 35-2175243)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-14
- IRS object ID
- 201243199349306909
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-14T17:29:15-06:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 943108253 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NOVOGRADAC & COMPANY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 249 E OCEAN BLVD SUITE 900 | AddressLine1 |
| City | LONG BEACH | City |
| State | CA | State |
| ZIP Code | 90802 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 352175243 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PHOENIX COMMUNITY DEVELOPMENT AND | BusinessNameLine1 |
| Business Name Line2 | INVESTMENT CORPORATION | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PHOE | NameControl |
| Phone | 6022625040 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 W WASHINGTON STREET 20TH FLOOR | AddressLine1 |
| City | PHOENIX | City |
| State | AZ | State |
| ZIP Code | 85003 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROBERTO E FRANCO | Name |
| Title | PRESIDENT | Title |
| Phone | 6022618708 | Phone |
| Date Signed | 2012-11-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | WILLIAM LETSINGER | Name |
| PTIN | P00478303 | PTIN |
| Phone | 5624329482 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ROBERTO E FRANCO | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 WEST WASHINGTON STREET 20TH | AddressLine1 |
| Address Line2 | FLOOR | AddressLine2 |
| City | PHOENIX | City |
| State | AZ | State |
| ZIP Code | 85003 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1085526 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.PHOENIXNEWMARKETS.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2002 | YearFormation |
| State Legal Domicile | AZ | StateLegalDomicile |
| Activity Or Mission Description | TO 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 Body | 7 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 4 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 64000 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1069495 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 819833 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 222832 | InvestmentIncomePriorYear |
| Investment Income Current Year | 201693 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 1292327 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1085526 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 11663 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 11343 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 638852 | OtherExpensePriorYear |
| Other Expenses Current Year | 780465 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 650515 | TotalExpensesPriorYear |
| Total Expenses Current Year | 791808 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 641812 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 293718 | RevenuesLessExpensesCY |
| Total Assets BOY | 8873574 | TotalAssetsBOY |
| Total Assets EOY | 9289375 | TotalAssetsEOY |
| Total Liabilities BOY | 189383 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 307757 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 8684191 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 8981618 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO 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 Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 684103 | Expense |
| Revenue | 819833 | Revenue |
| Description | TO IMPROVE THE ECONOMIC CONDITIONS WITHIN THE LOW INCOME COMMUNITIES OF THE CITY OF PHOENIX. | Description |
| Total Program Service Expense | 684103 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 0 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | 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 | 0 | 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 | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | 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 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 0 | ComplianceWithBackupWitholding |
| Number Of Employees | 0 | NumberOfEmployees |
| 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 |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Excess Business Holdings | 0 | ExcessBusinessHoldings |
| 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 | 7 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 4 | 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 | 0 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 0 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | AZ | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PHOENIX COMMUNITY DEVELOPMENT AND I | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6022625040 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 W WASHINGTON STREET 20TH FLOOR | AddressLine1 |
| City | PHOENIX | City |
| State | AZ | State |
| ZIP Code | 85003 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (9 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| GEORGE DEAN | ||||||
| BOARD DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| PETE GARCIA | ||||||
| BOARD DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DON KEUTH | ||||||
| BOARD DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ROBERTO FRANCO | ||||||
| BOARD DIRECTOR, PRESIDENT | 20.00 | X | 0 | 151117 | 61474 | X |
| JEFF DEWITT | ||||||
| BOARD DIRECTOR | 2.00 | X | 0 | 155420 | 63945 | |
| PATRICIA GARCIA-DUARTE | ||||||
| BOARD DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JEROME MILLER | ||||||
| BOARD DIRECTOR, CHAIRMAN | 2.00 | X | 0 | 178585 | 60093 | |
| KAREN LEONE | ||||||
| VICE PRESIDENT | 40.00 | 97042 | 0 | 41907 | X | |
| MARY MAGEWICK | ||||||
| CHIEF FINANCIAL OFFICER | 40.00 | 94648 | 0 | 39425 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 191690 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 485122 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 266844 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 64000 | AllOtherContributions |
| Total Contributions | 64000 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| ASSET MANAGEMENT FEE | 523920 | 732508 | 732508 |
| SPONSOR FEE | 523920 | 80000 | 80000 |
| LEGAL CONSULTING | 523920 | 7325 | 7325 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 819833 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 201693 | TotalRevenueColumn |
| Exclusion | $201,693 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1085526 | TotalRevenueColumn |
| Related Or Exempt Function Income | 819833 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $201,693 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11343 | Total |
| Program Services | 11343 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3709 | Total |
| Management And General | 3709 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35226 | Total |
| Management And General | 35226 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1937 | Total |
| Program Services | 1937 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 397 | Total |
| Program Services | 397 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15846 | Total |
| Program Services | 2085 | ProgramServices |
| Management And General | 13761 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2059 | Total |
| Program Services | 2059 | ProgramServices |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24459 | Total |
| Management And General | 24459 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5077 | Total |
| Management And General | 5077 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15186 | Total |
| Management And General | 15186 | ManagementAndGeneral |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| NMTC PROGRAM COOORDINAT | 506365 | 506365 | |
| CBO STAFF AND ACYR | 130523 | 130523 | |
| ADMINISTRATIVE | 39681 | 29394 | 10287 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 791808 | Total |
| Program Services | 684103 | ProgramServices |
| Management And General | 107705 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6399101 | BOY |
| EOY | 6578061 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2471600 | BOY |
| EOY | 2684921 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2873 | BOY |
| EOY | 26393 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8873574 | BOY |
| EOY | 9289375 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 189383 | BOY |
| EOY | 307757 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 189383 | BOY |
| EOY | 307757 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8684191 | BOY |
| EOY | 8917618 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 64000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8684191 | BOY |
| EOY | 8981618 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8873574 | BOY |
| EOY | 9289375 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 293718 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 3709 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
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 | 64000 | CurrentTaxYear |
| Total | 64000 | Total |
Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 127636 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 145415 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 333298 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 237747 | CurrentTaxYearMinus1Year |
| Current Tax Year | 121123 | CurrentTaxYear |
| Total | 965219 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 127636 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 145415 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 333298 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 237747 | CurrentTaxYearMinus1Year |
| Current Tax Year | 185123 | CurrentTaxYear |
| Total | 1029219 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 11945 | AmountsSubstContributorsTotal |
| Public Support Total170 | 1017274 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 575906 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 382864 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 190247 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 222832 | CurrentTaxYearMinus1Year |
| Current Tax Year | 201693 | CurrentTaxYear |
| Total | 1573542 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 2602761 | TotalSupport |
| Gross Receipts From Admissions Etc | 5667133 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.39080 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.36040 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 0 | BeginningOfYearBalance |
| Contributions | 64000 | Contributions |
| End Of Year Balance | 64000 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Endowment EOY Balance | 1.00000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
| Total Revenue | 1085526 | TotalRevenue |
| Total Expenses | 791808 | TotalExpenses |
| Excess Or Deficit For Year | 293718 | ExcessOrDeficitForYear |
| Other | $3,709 | OtherAmount |
| Total Adjustments | 3709 | TotalAdjustments |
| Excess Or Deficit Per FS | 297427 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 1210358 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 121123 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 121123 | RevenueNotRptdF990 |
| Revenue Subtotal | 1089235 | RevenueSubtotal |
| Other Revenues Not Included | -3709 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -3709 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 1085526 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 912931 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 121123 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 121123 | ExpensesNotRptdF990 |
| Expenses Subtotal | 791808 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 791808 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART XI, LINE 8 - OTHER ADJUSTMENTS: | Identifier |
| Explanation | BOOK/TAX DIFFERENCE IN FLOW-THROUGH LOSSES 3,709. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | 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, OR 2) RESTRICTED BOOKSTORE ACCOUNTS UPON SUBMISSION OF TEXTBOOK/COMPUTER PURCHASE QUOTES. | TypeOfGrant |
| Number Of Recipients | 15 | NumberOfRecipients |
| Amount Of Cash Grant | 11343 | AmountOfCashGrant |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 (3 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROBERTO FRANCO | |||||||||||||
| 0 | 151117 | 0 | 0 | 0 | 0 | 0 | 61474 | 0 | 0 | 0 | 212591 | 0 | 0 |
| JEFF DEWITT | |||||||||||||
| 0 | 155420 | 0 | 0 | 0 | 0 | 0 | 63945 | 0 | 0 | 0 | 219365 | 0 | 0 |
| JEROME MILLER | |||||||||||||
| 0 | 178585 | 0 | 0 | 0 | 0 | 0 | 60093 | 0 | 0 | 0 | 238678 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 8B | THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. | |
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 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. | |
| FORM 990, PART VI, SECTION B, LINE 12C | A 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 15 | REVIEWS 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 18 | THE 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 19 | THE ORGANIZATION'S DOCUMENTS WILL BE MADE AVAILABLE FOR PUBLIC INSPECTION UPON LETTER REQUEST UNDER INTERNAL REVENUE CODE SECTION 6104. | |
| FORM 990, PART XI, LINE 5: | BOOK/TAX DIFFERENCE IN FLOW-THROUGH LOSSES 3,709. TOTAL TO FORM 990, PART XI, LINE 5: 3,709. | CHANGES IN NET ASSETS OR FUND BALANCES: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CITY OF PHOENIX | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 WEST WASHINGTON STREET 20TH FLO | AddressLine1 |
| City | PHOENIX | City |
| State | AZ | State |
| ZIP Code | 85003 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | MUNICIPAL GOVERNMENT | PrimaryActivities |
| Legal Domicile State | AZ | LegalDomicileState |
| Exempt Code Section | N/A | ExemptCodeSection |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | 0 | ControlledOrg |
Form990 Schedule R Part III Form990ScheduleRPartIII (13 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Direct Controlling Entity NADirectControllingEntityNA | Predominant Income TypePredominantIncomeType | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Disproportionate AllocationsDisproportionateAllocations | General Or Managing PartnerGeneralOrManagingPartner | Percentage OwnershipPercentageOwnership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PHOENIX BIOSCIENCE DEVELOPMENT COMPANY LLC | |||||||||||||
| 200 WEST WASHINGTON STREET 20TH FLO | PHOENIX | AZ | 85003 | 710944048 | INVESTMENT IN LOW-INCOME COMMUNTIY BUSINESSES | AZ | N/A | RELATED | 88 | 621 | 0 | 1 | 0.00010 |
| PHOENIX DEVELOPMENT AND REVITALIZATION LLC | |||||||||||||
| 200 WEST WASHINGTON STREET 20TH FLO | PHOENIX | AZ | 85003 | 710944051 | INVESTMENT IN LOW-INCOME COMMUNTIY BUSINESSES | AZ | N/A | RELATED | 200467 | 1231 | 0 | 1 | 0.00010 |
| PHOENIX DEVELOPMENT AND REVITALIZATION II LLC | |||||||||||||
| 200 WEST WASHINGTON STREET 20TH FLO | PHOENIX | AZ | 85003 | 710944050 | INVESTMENT IN LOW-INCOME COMMUNTIY BUSINESSES | AZ | N/A | RELATED | 173 | 679 | 0 | 1 | 0.00020 |
| PHOENIX DEVELOPMENT AND REVITALIZATION III LLC | |||||||||||||
| 200 WEST WASHINGTON STREET 20TH FLO | PHOENIX | AZ | 85003 | 710944052 | INVESTMENT IN LOW-INCOME COMMUNTIY BUSINESSES | AZ | N/A | RELATED | 9 | 2975 | 0 | 1 | 0.00010 |
| PHOENIX ABIL INVESTMENT FUND LLC | |||||||||||||
| 200 WEST WASHINGTON STREET 20TH FLO | PHOENIX | AZ | 85003 | 208248412 | INVESTMENT IN LOW-INCOME COMMUNTIY BUSINESSES | AZ | N/A | RELATED | -8 | 47 | 0 | 1 | 0.00010 |
| FNBA PHOENIX INVESTMENT FUND LLC | |||||||||||||
| 200 WEST WASHINGTON STREET 20TH FLO | PHOENIX | AZ | 85003 | 141933368 | INVESTMENT IN LOW-INCOME COMMUNTIY BUSINESSES | AZ | N/A | RELATED | -11 | -106 | 0 | 1 | 0.00010 |
| PHOENIX NEW MARKETS TAX CREDIT INVESTMENT FUND I LLC | |||||||||||||
| 200 WEST WASHINGTON STREET 20TH FLO | PHOENIX | AZ | 85003 | 141933366 | INVESTMENT IN LOW-INCOME COMMUNTIY BUSINESSES | AZ | N/A | RELATED | -11 | -107 | 0 | 1 | 0.00010 |
| PHOENIX NEW MARKETS TAX CREDIT INVESTMENT FUND III LLC | |||||||||||||
| 200 WEST WASHINGTON STREET 20TH FLO | PHOENIX | AZ | 85003 | 204280506 | INVESTMENT IN LOW-INCOME COMMUNTIY BUSINESSES | AZ | N/A | RELATED | -4 | 71 | 0 | 1 | 0.00010 |
| PHOENIX YMCA INVESTMENT FUND LLC | |||||||||||||
| 200 WEST WASHINGTON STREET 20TH FLO | PHOENIX | AZ | 85003 | 208029189 | INVESTMENT IN LOW-INCOME COMMUNTIY BUSINESSES | AZ | N/A | RELATED | -3 | 79 | 0 | 1 | 0.00010 |
| PHX COMMUNITY VENTURES LLC | |||||||||||||
| 200 WEST WASHINGTON STREET 20TH FLO | PHOENIX | AZ | 85003 | 263677759 | INVESTMENT IN LOW-INCOME COMMUNTIY BUSINESSES | AZ | N/A | RELATED | 12 | 2007 | 0 | 1 | 0.00010 |
| PHX SB CAPITAL LLC | |||||||||||||
| 200 WEST WASHINGTON STREET 20TH FLO | PHOENIX | AZ | 85003 | 263677672 | INVESTMENT IN LOW-INCOME COMMUNTIY BUSINESSES | AZ | N/A | RELATED | 16 | 431 | 0 | 1 | 0.00010 |
| SB CAPITAL INVESTMENT FUND LLC | |||||||||||||
| 200 WEST WASHINGTON STREET 20TH FLO | PHOENIX | AZ | 85003 | 270854199 | INVESTMENT IN LOW-INCOME COMMUNTIY BUSINESSES | AZ | N/A | RELATED | -2 | 133 | 0 | 1 | 0.00010 |
| PHX SUCCESS FUND LLC | |||||||||||||
| 200 WEST WASHINGTON STREET 20TH FLO | PHOENIX | AZ | 85003 | 263677853 | INVESTMENT IN LOW-INCOME COMMUNTIY BUSINESSES | AZ | N/A | RELATED | 5 | 10 | 0 | 1 | 0.00010 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 1 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | 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 | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (15 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| PHOENIX BIOSCIENCE DEVELOPMENT COMPANY LLC | |
| A | 88 |
| PHOENIX DEVELOPMENT AND REVITALIZATION LLC | |
| A | 200467 |
| PHOENIX DEVELOPMENT AND REVITALIZATION II LLC | |
| A | 190 |
| PHOENIX DEVELOPMENT AND REVITALIZATION III LLC | |
| A | 9 |
| PHOENIX ABIL INVESTMENT FUND LLC | |
| A | -8 |
| FNBA PHOENIX INVESTMENT FUND LLC | |
| A | -7 |
| PHOENIX NEW MARKETS TAX CREDIT INVESTMENT FUND I LLC | |
| A | -7 |
| PHOENIX NEW MARKETS TAX CREDIT INVESTMENT FUND III LLC | |
| A | -4 |
| PHOENIX YMCA INVESTMENT FUND LLC | |
| A | -3 |
| CITY OF PHOENIX | |
| N | 96450 |
| CITY OF PHOENIX | |
| P | 516652 |
| PHX COMMUNITY VENTURES LLC | |
| A | 12 |
| PHX SUCCESS FUND LLC | |
| A | 5 |
| PHX SB CAPITAL LLC | |
| A | 16 |
| SB CAPITAL INVESTMENT FUND LLC | |
| A | -2 |