LOW INCOME INVESTMENT FUND: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- LOW INCOME INVESTMENT FUND (EIN 94-2952578)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-12
- IRS object ID
- 201101329349303510
- Schema version
- 2009v1.7
- 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 | 2011-05-12T15:28:37-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PERRY-SMITH 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 | 2009-07-01 | 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 | 2011-05-12 | 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 | 2009 | 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 | 35761616 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| 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 | 6217633 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 5663159 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 14511969 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 12444660 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 882984 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1636474 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 29216 | OtherRevenuePriorYear |
| Other Revenue Current Year | 696 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 21641802 | TotalRevenuePriorYear |
| Total Revenue Current Year | 19744989 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 2992558 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 903384 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 6083246 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 6366244 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 547863 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 10539800 | OtherExpensePriorYear |
| Other Expenses Current Year | 5152856 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 19615604 | TotalExpensesPriorYear |
| Total Expenses Current Year | 12422484 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2026198 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 7322505 | RevenuesLessExpensesCY |
| Total Assets BOY | 149820325 | TotalAssetsBOY |
| Total Assets EOY | 132307868 | TotalAssetsEOY |
| Total Liabilities BOY | 110178106 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 85076078 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 39642219 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 47231790 | NetAssetsOrFundBalancesEOY |
| Mission Description | SEE ATTACHED STATEMENT A | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 4598713 | Expense |
| Revenue | 12349011 | Revenue |
| Description | LENDING PROGRAM:SEE STATEMENT A. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 4735829 | Expense |
| Grants | 903384 | Grants |
| Revenue | 96345 | Revenue |
| Description | CHILD CARE PROGRAM:SEE STATEMENT A. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 419587 | Expense |
| Description | NATIONAL POLICY PROGRAM:SEE STATEMENT A. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 9754129 | 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 |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| 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 | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| 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 |
| Excess Business Holdings | 0 | ExcessBusinessHoldings |
| Taxable Distributions | 0 | TaxableDistributions |
| Distribution To Donor | 0 | DistributionToDonor |
| 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 | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| DAN LETENDRE | |||||||||
| DIRECTOR | X | 0 | 0 | 0 | |||||
| JIM J PARK | |||||||||
| DIRECTOR | X | 0 | 0 | 0 | |||||
| JUDD S LEVY | |||||||||
| 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 | |||||
| SHEKAR NARASIMHAN | |||||||||
| DIRECTOR | X | 0 | 0 | 0 | |||||
| STEVEN PAYNE | |||||||||
| DIRECTOR | X | 0 | 0 | 0 | |||||
| DANIEL A NISSENBAUM | |||||||||
| CHAIR | 0 | 0 | 0 | X | |||||
| ELIZABETH L PUGH | |||||||||
| TREASURER | 0 | 0 | 0 | X | |||||
| ELLEN SEIDMAN | |||||||||
| VICE CHAIR | 0 | 0 | 0 | X | |||||
| NANCY DUFF CAMPBELL | |||||||||
| SECRETARY | 0 | 0 | 0 | X | |||||
| NANCY O ANDREWS | |||||||||
| PRESIDENT & CEO | 351000 | 0 | 24230 | 40.00 | X | ||||
| KIMBERLY LATIMER-NELLIGAN | |||||||||
| CHIEF OPERATING OFFICER | 286750 | 0 | 17657 | 40.00 | X | ||||
| ARTHUR FATUM | |||||||||
| CFO & EVP CAPITAL MARKETS | 279000 | 0 | 27100 | 40.00 | X | ||||
| BRIAN PRATER | |||||||||
| MANAGING DIRECTOR, WESTERN REG. | 208500 | 0 | 21866 | 40.00 | X | ||||
| JUDITH KENDE | |||||||||
| MANAGING DIRECTOR, EASTERN REG. | 178700 | 0 | 7471 | 40.00 | X | ||||
| COREY M CARLISLE | |||||||||
| DIRECTOR, FED POLICY & GOV | 180800 | 0 | 8587 | 40.00 | X | ||||
| ROXANNE HUEY | |||||||||
| CONTROLLER | 150200 | 0 | 21041 | 40.00 | X | ||||
| DEBORAH LELAND | |||||||||
| CHIEF CREDIT OFFICER | 137550 | 0 | 12497 | 32.00 | X | ||||
| MATTHEW HAAS | |||||||||
| DEPUTY DIRECTOR, CALIFORNIA LENDING | 127450 | 0 | 21601 | 40.00 | X | ||||
| CANDACE WONG | |||||||||
| DIRECTOR, CCFF | 106450 | 0 | 7928 | 40.00 | X | ||||
| KARA ANDERSON | |||||||||
| MANAGER, ADMIN & HUMAN RESOURCES | 105850 | 0 | 5965 | 40.00 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2112250 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 175943 | TotalOtherCompensation |
| Number Individuals GT100 K | 11 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| MANATT PHELPS & PHILLIPS LLP | |||||
| 11355 WEST OLYMPIC BLVD | LOS ANGELES | CA | 90064 | LEGAL CONSULTING | 158394 |
| MCPHARLIN SPRINKLES & THOMAS LLP | |||||
| 10 ALMADEN BLVD STE 1460 | SAN JOSE | CA | 95113 | LEGAL CONSULTING | 136685 |
| PERRY-SMITH LLP | |||||
| 400 CAPITOL MALL STE 1200 | SACRAMENTO | CA | 95814 | AUDIT & TAX SERVICES | 127475 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
| Government Grants | 607809 | GovernmentGrants |
| All Other Contributions | 5055350 | AllOtherContributions |
| Total Contributions | 5663159 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| INTEREST ON LOANS | 525990 | 5663035 | 5663035 |
| TECHNICAL ASSISTANCE A | 525990 | 3669649 | 3669649 |
| LOAN PACKAGING AND SER | 525990 | 2335641 | 2335641 |
| LOAN ORIGINATION | 525990 | 776335 | 776335 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 12444660 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 565615 | TotalRevenueColumn |
| Exclusion | $565,615 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 17087486 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 16016627 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 1070859 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1070859 | TotalRevenueColumn |
| Exclusion | $1,070,859 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER | Description |
| Business Code | 525990 | BusinessCode |
| Total Revenue Column | 696 | TotalRevenueColumn |
| Related Or Exempt Function Income | 696 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 696 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 19744989 | TotalRevenueColumn |
| Related Or Exempt Function Income | 12445356 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,636,474 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 903384 | Total |
| Program Services | 903384 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6366244 | Total |
| Program Services | 4730459 | ProgramServices |
| Management And General | 1279543 | ManagementAndGeneral |
| Fundraising | 356242 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 201803 | Total |
| Management And General | 101503 | ManagementAndGeneral |
| Fundraising | 100300 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 265218 | Total |
| Program Services | 211591 | ProgramServices |
| Management And General | 53627 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 255512 | Total |
| Program Services | 13200 | ProgramServices |
| Management And General | 212192 | ManagementAndGeneral |
| Fundraising | 30120 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1936950 | Total |
| Program Services | 1936950 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 404411 | Total |
| Program Services | 321533 | ProgramServices |
| Management And General | 67093 | ManagementAndGeneral |
| Fundraising | 15785 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 614113 | Total |
| Program Services | 508238 | ProgramServices |
| Management And General | 76249 | ManagementAndGeneral |
| Fundraising | 29626 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 291096 | Total |
| Program Services | 200704 | ProgramServices |
| Management And General | 84252 | ManagementAndGeneral |
| Fundraising | 6140 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45765 | Total |
| Program Services | 39069 | ProgramServices |
| Management And General | 6573 | ManagementAndGeneral |
| Fundraising | 123 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1520870 | Total |
| Program Services | 1520870 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 155166 | Total |
| Program Services | 133577 | ProgramServices |
| Management And General | 18218 | ManagementAndGeneral |
| Fundraising | 3371 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| INSURANCE,LICENSES,FEES | 217545 | 42542 | 173926 | 1077 |
| TELEPHONE | 79403 | 68140 | 7315 | 3948 |
| MEMBERSHIPS AND PUBLICA | 57145 | 32189 | 23825 | 1131 |
| MISCELLANEOUS | 31864 | 15688 | 16176 | |
| SCH K1 FROM CHARTER SCH | 27638 | 27638 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -951643 | Total |
| Program Services | -951643 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12422484 | Total |
| Program Services | 9754129 | ProgramServices |
| Management And General | 2120492 | ManagementAndGeneral |
| Fundraising | 547863 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1162600 | BOY |
| EOY | 2330098 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38061030 | BOY |
| EOY | 20592643 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2575000 | BOY |
| EOY | 3817500 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2823482 | BOY |
| EOY | 2197769 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 85146878 | BOY |
| EOY | 86214562 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 419946 | BOY |
| EOY | 353637 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1982175 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1437808 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 663129 | BOY |
| EOY | 544367 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11681592 | BOY |
| EOY | 12748377 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4107689 | BOY |
| EOY | 101688 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 8670 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3178979 | BOY |
| EOY | 3398557 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 149820325 | BOY |
| EOY | 132307868 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3853587 | BOY |
| EOY | 3834551 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 101433144 | BOY |
| EOY | 76843301 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4891375 | BOY |
| EOY | 4398226 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 110178106 | BOY |
| EOY | 85076078 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23430391 | BOY |
| EOY | 26485434 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16211828 | BOY |
| EOY | 20746356 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39642219 | BOY |
| EOY | 47231790 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 149820325 | BOY |
| EOY | 132307868 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | 3470476 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3394974 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 9824369 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 6217633 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5663159 | CurrentTaxYear |
| Total | 28570611 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3470476 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3394974 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 9824369 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 6217633 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5663159 | CurrentTaxYear |
| Total | 28570611 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 2820126 | AmountsSubstContributorsTotal |
| Public Support Total170 | 25750485 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1742490 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2356618 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1713630 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 764265 | CurrentTaxYearMinus1Year |
| Current Tax Year | 565601 | CurrentTaxYear |
| Total | 7142604 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 7826 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 28088 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 26558 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 29216 | CurrentTaxYearMinus1Year |
| Current Tax Year | 696 | CurrentTaxYear |
| Total | 92384 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 35805599 | TotalSupport |
| Gross Receipts From Admissions Etc | 20866204 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.71920 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.67520 | 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 | 43155 | FilingOrganizationsTotals |
Total Lobbying Expenditures TotalLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 43155 | FilingOrganizationsTotals |
Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 12366691 | FilingOrganizationsTotals |
Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 12409846 | FilingOrganizationsTotals |
Lobbying Nontaxable LobbyingNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 770492 | FilingOrganizationsTotals |
Grassroots Nontaxable GrassrootsNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 192623 | 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 Minus1 | 1000000 | CurrentYearMinus1 |
| Current Year | 770492 | CurrentYear |
| Total | 1770492 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $2,655,738 | LobbyingCeilingAmount |
Total Lobbying Expenditures2 TotalLobbyingExpenditures2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus1 | 99615 | CurrentYearMinus1 |
| Current Year | 43155 | CurrentYear |
| Total | 142770 | Total |
Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus1 | 250000 | CurrentYearMinus1 |
| Current Year | 192623 | CurrentYear |
| Total | 442623 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $663,935 | GrassrootsCeilingAmount |
Schedule D IRS990ScheduleD
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1982175 | OtherCostOrOtherBasis |
| Depreciation | 1437808 | Depreciation |
| Book Value | 544367 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 544367 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ACCRUED INTEREST PAYABLE | $49,838 |
| FUNDS HELD IN TRUST | $4,348,388 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 4398226 | TotalOfAmounts |
| Total Revenue | 19744989 | TotalRevenue |
| Total Expenses | 12422484 | TotalExpenses |
| Excess Or Deficit For Year | 7322505 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 239442 | NetUnrealizedGLOnInvestments |
| Donated Services And Facilities | 15000 | DonatedServicesAndFacilities |
| Investment Expenses | 27638 | InvestmentExpenses |
| Other | -$15,014 | OtherAmount |
| Total Adjustments | 267066 | TotalAdjustments |
| Excess Or Deficit Per FS | 7589571 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 19999419 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 239444 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 15000 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 254444 | RevenueNotRptdF990 |
| Revenue Subtotal | 19744975 | RevenueSubtotal |
| Other Revenues Not Included | 14 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 14 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 19744989 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 12409846 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 15000 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 15000 | ExpensesNotRptdF990 |
| Expenses Subtotal | 12394846 | ExpensesSubtotal |
| Other Expenses Not Included | 27638 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 27638 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 12422484 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Part XI, Line 8 - Other Adjustments: | DONATED SERVICES: -15000. INTEREST INCOME FROM CHARTER SCHOOL FINANCING PARTNERSHIP LLC: -14. |
| Part XII, Line 4b - Other Adjustments: | INTEREST INCOME FROM CHARTER SCHOOL FINANCING PARTNERSHIP LLC: 14. |
| Part XIII, Line 4b - Other Adjustments: | ORDINARY BUSINESS LOSS FROM CHARTER SCHOOL FINANCING PARTNERSHIP LLC: 27638. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 0 | RecordsMaintained |
Recipient Table RecipientTable (31 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation | Purpose Of GrantPurposeOfGrant | IRC SectionIRCSection | Address Line2AddressUS/AddressLine2 |
|---|---|---|---|---|---|---|---|---|
| AMADOR COUNTY OFFICE OF EDUCATION | ||||||||
| 217 REX AVENUE | JACKSON | CA | 95642 | 17387 | BOOK | - | ||
| BAY AREA CHILD CARE | ||||||||
| 577 LEMOS LANE | FREMONT | CA | 94539 | 49970 | BOOK | - | 501(C)(3) | |
| BETH SHALOM PRESCHOOL | ||||||||
| 642 DOLORES AVENUE | SAN LEANDRO | CA | 94577 | 47250 | BOOK | - | 501(C)(3) | |
| BUILDING BLOCK LEARNING CENTER | ||||||||
| 2894 D STREET | HAYWARD | CA | 94541 | 10000 | BOOK | - | ||
| BUILDING BRIDGES CDC | ||||||||
| 3623 WISCONSIN STREET | OAKLAND | CA | 94619 | 65000 | BOOK | - | 501(C)(3) | |
| CAPE INC | ||||||||
| 3095 INDEPENDENCE DRIVE SUITE A | LIVERMORE | CA | 94551 | 30791 | BOOK | - | 501(C)(3) | |
| Child Action Inc | ||||||||
| ATTN JACLYN WHITE 9800 OLD WINERY | SACRAMENTO | CA | 95827 | 65000 | BOOK | - | 501(C)(3) | PLACE |
| CONGREGATION NETIVOT SHALOM | ||||||||
| 1316 UNIVERSITY AVENUE | BERKELEY | CA | 94702 | 31852 | BOOK | - | 501(C)(3) | |
| DAVIS STREET COMMUNITY CENTER INC | ||||||||
| 3081 TEAGARDEN STREET | SAN LEANDRO | CA | 94577 | 10000 | BOOK | - | 501(C)(3) | |
| DAVIS STREET FAMILY RESOURCE CENTER | ||||||||
| 3081 TEAGARDEN STREET | SAN LEANDRO | CA | 94577 | 20000 | BOOK | - | 501(C)(3) | |
| DISCOVERY MONTESSORI PRE-SCHOOL INC | ||||||||
| 2451 E GARVEY AVE N | WEST COVINA | CA | 91722 | 8000 | BOOK | - | ||
| Friends of Potrero Hill Nursery School | ||||||||
| 283 FARALLONES STREET | SAN FRANCISCO | CA | 94112 | 200000 | BOOK | - | 501(C)(3) | |
| GAN SHALOM PRESCHOOL - CONGREGATION BETH ISRAEL | ||||||||
| 2230 JEFFERSON AVE | BERKELEY | CA | 94703 | 50000 | BOOK | - | 501(C)(3) | |
| GRANTS RETURNED FROM 2009 | ||||||||
| -462294 | BOOK | - | ||||||
| HEAVEN SENT DISCOVERY CENTER INC | ||||||||
| 301 DOWLING BLVD | SAN LEANDRO | CA | 94577 | 10000 | BOOK | - | 501(C)(3) | |
| Kidango Inc | ||||||||
| 44000 Old Warm Springs Blvd | FREMONT | CA | 94538 | 184591 | BOOK | - | 501(C)(3) | |
| LI'L ANGELS CHILD CARE | ||||||||
| 890 FARGO ROAD | SAN LEANDRO | CA | 94579 | 10000 | BOOK | - | ||
| LITTLE PEOPLE'S PRESCHOOL | ||||||||
| 33700 ALVARADO NILES ROAD | UNION CITY | CA | 94587 | 50000 | BOOK | - | 501(C)(3) | |
| Merced County Office of EduCAtion | ||||||||
| Attn Dr Lee Anderson 632 W 13TH ST | MERCED | CA | 95340 | 65000 | BOOK | - | ||
| NOAH'S ARK PRESCHOOL | ||||||||
| 1699 ORCHARD AVENUE | SAN LEANDRO | CA | 94577 | 40000 | BOOK | - | 501(C)(3) | |
| Noe Valley Nursery School | ||||||||
| PO Box 31128 | SAN FRANCISCO | CA | 94131 | 7160 | BOOK | - | 501(C)(3) | |
| Public Health Foundation Enterprises | ||||||||
| 12801 CROSSROADS PKWY N STE 200 | CITY OF INDUSTRY | CA | 91746 | 65000 | BOOK | - | 501(C)(3) | |
| REGENTS OF UC BERKELEY | ||||||||
| 2610 CHANNING WAY | BERKELEY | CA | 94720 | 10000 | BOOK | - | 501(C)(3) | |
| RESURRECTION LUTHERAN CDP | ||||||||
| 7557 AMADOR VALLEY BLVD | DUBLIN | CA | 94568 | 50000 | BOOK | - | 501(C)(3) | |
| SFUSD - TULE ELK PARK CDC | ||||||||
| 2110 GREENWICH STREET | SAN FRANCISCO | CA | 94123 | 6000 | BOOK | - | ||
| SPIRIT CHILD DEVELOPMENT CENTER | ||||||||
| 4061 W WASHINGTON BLVD | LOS ANGELES | CA | 90018 | 18000 | BOOK | - | ||
| ST MARY'S CENTER PRESCHOOL | ||||||||
| 925 BROCKHURST ST | OAKLAND | CA | 94608 | 50000 | BOOK | - | 501(C)(3) | |
| Sunset Cooperative Nursery School | ||||||||
| 201 QUINTARA STREET | SAN FRANCISCO | CA | 94116 | 30000 | BOOK | - | 501(C)(3) | |
| THE ALBANY PRESCHOOL | ||||||||
| 850 MASONIC AVENUE | ALBANY | CA | 94706 | 16490 | BOOK | - | 501(C)(3) | |
| WOSE COMMUNITY CHURCH - ILE OMODE SCHOOL | ||||||||
| 8924 HOLLY STREET | OAKLAND | CA | 94621 | 52270 | BOOK | - | 501(C)(3) | |
| Wu Yee Children's Services | ||||||||
| 706 MISSION STREET 6TH FLOOR | SAN FRANCISCO | CA | 94103 | 24892 | BOOK | - | 501(C)(3) | |
Form990 Schedule I Part III Form990ScheduleIPartIII (8 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation |
|---|---|---|---|
| CASH GRANTS | 18 | 117025 | BOOK |
| PEI XIAN CUI | 1 | 18600 | BOOK |
| BETTY YU | 1 | 5000 | BOOK |
| CHATMAN, J & JONES, S FAMILY CHILD CARE | 1 | 5000 | BOOK |
| CYNTHIA REIMANN | 1 | 5000 | BOOK |
| KAREN SANCHEZ | 1 | 5000 | BOOK |
| MADA HUDSON | 1 | 5000 | BOOK |
| MECCAH COLEMAN | 1 | 5000 | BOOK |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | 1 | 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 (9 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NANCY O ANDREWS | |||||||||||||
| 276000 | 0 | 75000 | 0 | 0 | 0 | 11040 | 0 | 13190 | 0 | 375230 | 0 | 333693 | 0 |
| KIMBERLY LATIMER-NELLIGAN | |||||||||||||
| 231750 | 0 | 55000 | 0 | 0 | 0 | 9270 | 0 | 8387 | 0 | 304407 | 0 | 225000 | 0 |
| ARTHUR FATUM | |||||||||||||
| 229000 | 0 | 50000 | 0 | 0 | 0 | 9160 | 0 | 17940 | 0 | 306100 | 0 | 273000 | 0 |
| BRIAN PRATER | |||||||||||||
| 162000 | 0 | 46500 | 0 | 0 | 0 | 6480 | 0 | 15386 | 0 | 230366 | 0 | 165000 | 0 |
| JUDITH KENDE | |||||||||||||
| 161200 | 0 | 17500 | 0 | 0 | 0 | 6965 | 0 | 506 | 0 | 186171 | 0 | 0 | 0 |
| COREY M CARLISLE | |||||||||||||
| 170900 | 0 | 9900 | 0 | 0 | 0 | 3133 | 0 | 5454 | 0 | 189387 | 0 | 161875 | 0 |
| ROXANNE HUEY | |||||||||||||
| 139200 | 0 | 11000 | 0 | 0 | 0 | 6239 | 0 | 14802 | 0 | 171241 | 0 | 0 | 0 |
| DEBORAH LELAND | |||||||||||||
| 128050 | 0 | 9500 | 0 | 0 | 0 | 5744 | 0 | 6753 | 0 | 150047 | 0 | 0 | 0 |
| MATTHEW HAAS | |||||||||||||
| 113352 | 0 | 3000 | 0 | 11098 | 0 | 5551 | 0 | 16050 | 0 | 149051 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | Part I, Line 4a | ReturnReference |
| Explanation | MATTHEW HAAS (FORMER DEPUTY DIRECTOR, CALIFORNIA LENDING) RECEIVED A PAYMENT OF $7,180 IN CONJUNCTION WITH HIS TERMINATION OF EMPLOYMENT. THIS AMOUNT IS INCLUDED ON SCHEDULE J, COLUMN B(III), OTHER REPORTABLE COMPENSATION. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (10 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| PATRICK J NASH MANAGING DIRECTOR JP MORGAN CAPITAL CORP | |||
| BOARD MEMBER | 5250000 | NOTE PAYABLE | 0 |
| PATRICK J NASH MANAGING DIRECTOR JP MORGAN CAPITAL CORP | |||
| BOARD MEMBER | 3250000 | GRANT RECEIVABLE | 0 |
| PATRICK J NASH MANAGING DIRECTOR JP MORGAN CAPITAL CORP | |||
| BOARD MEMBER | 165000 | DEBT SECURITY INVESTMENT | 0 |
| STEVEN FAYNE MANAGING DIRECTOR CITI COMMUNITY CAPITAL | |||
| BOARD MEMBER | 160000 | DEBT SECURITY INVESTMENT | 0 |
| STEVEN FAYNE MANAGING DIRECTOR CITI COMMUNITY CAPITAL | |||
| BOARD MEMBER | 4000000 | NOTE PAYABLE | 0 |
| ELIZABETH L PUGH | |||
| BOARD MEMBER | 1251914 | NOTE PAYABLE | 0 |
| DANIEL A NISSENBAUM | |||
| BOARD MEMBER | 75000 | DEBT SECURITY INVESTMENT | 0 |
| DAN LETENDRE | |||
| BOARD MEMBER | 18964602 | CASH & MM DEPOSITS | 0 |
| DAN LETENDRE | |||
| BOARD MEMBER | 19528261 | NOTES PAYABLE | 0 |
| DAN LETENDRE | |||
| BOARD MEMBER | 175000 | DEBT SECURITY INVESTMENT | 0 |
Schedule M IRS990ScheduleM
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | IN-KIND LEGAL SERVICES | Description |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 15000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | HOURS AND RATE | MethodOfDeterminingRevenues |
| 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 (6 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| 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. |
| Form 990, Part VI, Section B, line 12c | 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 15 | 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 C, line 19 | 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. |
| PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. | |
| FORM 990, PART III (STATEMENT A) FORM 990 PART III: STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS LOW INCOME INVESTMENT FUND'S (LIIF) PRIMARY EXEMPT PURPOSE: LIIF was founded in 1984 to help build healthy communities by encouraging investment in low income neighborhoods. Our mission is to alleviate poverty by delivering capital to impoverished communities throughout the United States. To achieve this goal, LIIF provides capital and technical assistance to help increase the supply of affordable housing, child care, education and other community-building projects. LIIF believes that its three areas of strategic focus - housing, child care and education - are key leverage points in addressing the problem of poverty. They are chosen purposefully because LIIF's primary tool - capital - offers a critical resource for them. LIIF provides a bridge between private capital markets and low income neighborhoods, and encourages comprehensive, integrated strategies that address the diverse needs of people and communities. 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. Lending Program: LIIF makes direct loans through its Revolving Loan Fund (RLF) and other loan funds. In addition, LIIF 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. LIIF has established large scale lending relationships with other institutions to fund transactions larger than those that LIIF can do on its own. LIIF's financing covers the full range of financing needs for community development projects, including predevelopment, acquisition, lines of credit, construction, 'mini-permanent', and interim or bridge loans. 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). LIIFs 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, enable these community borrowers to ready their organizations to approach conventional lenders. Housing Program: LIIF was founded to address the critical shortage of affordable housing, and housing remains an active program area. LIIF supports a range of housing options for families including transitional housing, multi-family rental housing, mixed-use developments and homeownership opportunities. LIIF also offers housing loans through unique initiatives, such as its Tenant Ownership program, which finances high risk, time-intensive, limited equity cooperatives. Many of LIIF's housing loans supports accommodations and programs for special-needs tenants, including those with physical or mental disabilities, victims of physical abuse, seniors, and the homeless. Child Care Program: 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 programs 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 four programs: the award-winning Child Care Facilities Fund, which operates in San Francisco and Alameda Counties in California; the Affordable Buildings for Childrens Development (ABCD) Initiative and the Fund for Children and Communities, both of which operate throughout California; and the California Preschool Energy Efficiency Program, which provides cost saving, energy efficiency retrofits for preschools throughout California. Education Program: 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. To increase resources for high performing charter schools, LIIF created two innovative loan funds that pave the way for increased private sector involvement in charter school financing. These funds, totaling $71 million, support high quality schools in California and are funded primarily by traditional banking institutions. National Policy Program: 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 Community Development Financial Insitutions (CDFIs) as a non-profit business model for providing capital to low income neighborhoods. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (13 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 | 404344 | 9451639 | YES |
| LIIF REO I LLC | |||||||||
| 100 PINE STREET SUITE 1800 | SAN FRANCISCO | CA | 94111 | REAL ESTATE | CA | 76070 | 326000 | YES | |
| LIIF NEW MARKETS I | |||||||||
| 100 PINE STREET SUITE 1800 | SAN FRANCISCO | CA | 94111 | NEW MARKET TAX CREDIT TRANSACTION | CA | 52398 | 15815 | YES | |
| LIIF NEW MARKETS II | |||||||||
| 100 PINE STREET SUITE 1800 | SAN FRANCISCO | CA | 94111 | NEW MARKET TAX CREDIT TRANSACTION | CA | 42417 | 8491 | YES | |
| LIIF NEW MARKETS IV | |||||||||
| 100 PINE STREET SUITE 1800 | SAN FRANCISCO | CA | 94111 | NEW MARKET TAX CREDIT TRANSACTION | CA | 35003 | 51483 | YES | |
| LIIF NEW MARKETS III | |||||||||
| 100 PINE STREET SUITE 1800 | SAN FRANCISCO | CA | 94111 | NEW MARKET TAX CREDIT TRANSACTION | CA | 37550 | 7237 | YES | |
| LIIF NEW MARKETS V | |||||||||
| 100 PINE STREET SUITE 1800 | SAN FRANCISCO | CA | 94111 | NEW MARKET TAX CREDIT TRANSACTION | CA | 2042 | 3092 | YES | |
| LIIF NEW MARKETS VII | |||||||||
| 100 PINE STREET SUITE 1800 | SAN FRANCISCO | CA | 94111 | NEW MARKET TAX CREDIT TRANSACTION | CA | 23631 | 630 | YES | |
| LIIF NEW MARKETS IX | |||||||||
| 100 PINE STREET SUITE 1800 | SAN FRANCISCO | CA | 94111 | NEW MARKET TAX CREDIT TRANSACTION | CA | 11000 | 12638 | YES | |
| LIIF NEW MARKETS X | |||||||||
| 100 PINE STREET SUITE 1800 | SAN FRANCISCO | CA | 94111 | NEW MARKET TAX CREDIT TRANSACTION | CA | 476 | YES | ||
| LIIF NEW MARKETS XI | |||||||||
| 100 PINE STREET SUITE 1800 | SAN FRANCISCO | CA | 94111 | NEW MARKET TAX CREDIT TRANSACTION | CA | 5425 | YES | ||
| LIIF NEW MARKETS XII | |||||||||
| 100 PINE STREET SUITE 1800 | SAN FRANCISCO | CA | 94111 | NEW MARKET TAX CREDIT TRANSACTION | CA | 2858 | YES | ||
| LIIF NEW MARKETS LLC | |||||||||
| 100 PINE STREET SUITE 1800 | SAN FRANCISCO | CA | 94111 | NEW MARKET TAX CREDIT TRANSACTION | CA | 0 | yES | ||