NEIGHBORHOOD CAPITAL CORPORATION: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- NEIGHBORHOOD CAPITAL CORPORATION (EIN 84-1542593)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-01
- IRS object ID
- 202421229349300717
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-01T08:34:03-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 221478099 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COHNREZNICK LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7501 WISCONSIN AVENUE SUITE 400E | AddressLine1Txt |
| City | BETHESDA | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20814 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 841542593 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEIGHBORWORKS CAPITAL CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NEIG | BusinessNameControlTxt |
| Phone | 2408211651 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8484 GEORGIA AVE SUITE 330 | AddressLine1Txt |
| City | SILVER SPRING | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20910 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES PEFFLEY | PersonNm |
| Person Title | CHIEF EXECUTIVE OFFICER | PersonTitleTxt |
| Phone | 2408211651 | PhoneNum |
| Signature | 2024-04-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JAMES | PersonFirstNm |
| Person Last | PEFFLEY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LAURA KIELCZEWSKI | PreparerPersonNm |
| PTIN | P00740769 | PTIN |
| Phone | 3016529100 | PhoneNum |
| Preparation | 2024-04-29 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JAMES PEFFLEY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8484 GEORGIA AVE SUITE 330 | AddressLine1Txt |
| City | SILVER SPRING | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20910 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $11,831,758 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NEIGHBORWORKSCAPITAL.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2000 | FormationYr |
| Legal Domicile State | CO | LegalDomicileStateCd |
| Activity Or Mission | NEIGHBORWORKS CAPITAL DELIVERS THE FLEXIBLE CAPITAL NEEDED BY NEIGHBORWORKS AMERICA AFFILIATES TO PROVIDE AFFORDABLE HOMES AND STRENGTHEN COMMUNITIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 21 | TotalEmployeeCnt |
| Total Volunteers | 11 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,714,496 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,646,166 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $4,959,021 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $6,170,630 | CYProgramServiceRevenueAmt |
| PY Investment Income | $33,856 | PYInvestmentIncomeAmt |
| CY Investment Income | $525,515 | CYInvestmentIncomeAmt |
| PY Other Revenue | $150,134 | PYOtherRevenueAmt |
| CY Other Revenue | $1,087,842 | CYOtherRevenueAmt |
| PY Total Revenue | $8,857,507 | PYTotalRevenueAmt |
| CY Total Revenue | $11,430,153 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,694,168 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,206,073 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $350,641 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,296,893 | PYOtherExpensesAmt |
| CY Other Expenses | $2,913,744 | CYOtherExpensesAmt |
| PY Total Expenses | $4,991,061 | PYTotalExpensesAmt |
| CY Total Expenses | $6,119,817 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,866,446 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,310,336 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $108,230,565 | TotalAssetsBOYAmt |
| Total Assets EOY | $133,083,719 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $52,965,011 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $73,003,975 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $55,265,554 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $60,079,744 | NetAssetsOrFundBalancesEOYAmt |
| Mission | NEIGHBORWORKS CAPITAL DELIVERS THE FLEXIBLE CAPITAL NEEDED BY NEIGHBORWORKS AMERICA AFFILIATES TO PROVIDE AFFORDABLE HOMES AND STRENGTHEN COMMUNITIES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $5,100,250 | ExpenseAmt |
| Revenue | $7,258,472 | RevenueAmt |
| Desc | PROVIDING FINANCING FOR THE ACQUISITION, DEVELOPMENT, AND REHABILITATION OF AFFORDABLE HOMES FOR SALE, RENTAL AND COMMERCIAL PROJECTS. | Desc |
| Total Program Service Expenses | $5,100,250 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 28 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 21 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAMES PEFFLEY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2408211651 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8484 GEORGIA AVE SUITE 330 | AddressLine1Txt |
| City | SILVER SPRING | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20910 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| ROSA RIOS VALDEZ | ||||||||
| PRESIDENT | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MEGAN TEARE | ||||||||
| VP & SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| CAROLINE HORTON | ||||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| PETER DALY | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JEFF REED | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CHARLOTTE CROW | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL CARROLL | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| FRED DODSON | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| GRACE CHIONUMA | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ANDY MADEIRA | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| EMMANUEL KINARD | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| EILEEN NEELY | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LEAH EVANS | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MATTHIAS GLATTING | ||||||||
| CFO - INCOMING | 38.00 | Yes (X) | $182,381 | $0 | $6,913 | |||
| MARY DANA MOORE | ||||||||
| CFO - OUTGOING | 22.50 | Yes (X) | $84,641 | $0 | $5,079 | |||
| JAMES PEFFLEY | ||||||||
| CEO | 38.00 | Yes (X) | $316,904 | $0 | $37,279 | |||
| ELIZABETH O'LEARY | ||||||||
| CHIEF PORTFOLIO OFFICER | 38.00 | $216,792 | $0 | $13,008 | Yes (X) | |||
| STEPHEN PEELOR | ||||||||
| CHIEF LOAN OFFICER | 38.00 | $218,464 | $0 | $25,536 | Yes (X) | |||
| BRENT BOZMAN | ||||||||
| CONTROLLER | 38.00 | $141,616 | $0 | $8,503 | Yes (X) | |||
| ADAM COILE | ||||||||
| SENIOR PORTFOLIO MANAGER | 38.00 | $157,350 | $0 | $33,623 | Yes (X) | |||
| MAYA DICKENS | ||||||||
| LOAN CLOSING MANAGER | 38.00 | $126,198 | $0 | $20,305 | Yes (X) | |||
| MICHAEL HAAS | ||||||||
| SENIOR LOAN OFFICER | 38.00 | $147,057 | $0 | $23,746 | Yes (X) | |||
| LANIE WASSERMAN | ||||||||
| SENIOR LOAN OFFICER | 38.00 | $152,087 | $0 | $29,968 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,743,490 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $203,960 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 11 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NTIVA | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7900 WESTPARK DRIVE 100 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | IT SUPPORT | ServicesDesc |
| Compensation | $100,424 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $646,166 | GovernmentGrantsAmt |
| All Other Contributions | $3,000,000 | AllOtherContributionsAmt |
| Total Contributions | $3,646,166 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| LOAN INTEREST | 531390 | $5,531,488 | $5,531,488 |
| LOAN FEES | 531390 | $635,400 | $635,400 |
| LOAN SERVICE FEE | 531390 | $3,742 | $3,742 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $6,170,630 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $396,618 | TotalRevenueColumnAmt |
| Exclusion | $396,618 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $530,502 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $401,605 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $128,897 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $128,897 | TotalRevenueColumnAmt |
| Exclusion | $128,897 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RECOVERY OF LOAN LOSS | Desc |
| Business | 531390 | BusinessCd |
| Total Revenue Column | $1,087,842 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,087,842 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,087,842 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,430,153 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $7,258,472 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $525,515 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,106,997 | TotalAmt |
| Program Services | $818,922 | ProgramServicesAmt |
| Management And General | $189,892 | ManagementAndGeneralAmt |
| Fundraising | $98,183 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,645,034 | TotalAmt |
| Program Services | $1,216,945 | ProgramServicesAmt |
| Management And General | $282,186 | ManagementAndGeneralAmt |
| Fundraising | $145,903 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $85,315 | TotalAmt |
| Program Services | $63,113 | ProgramServicesAmt |
| Management And General | $14,635 | ManagementAndGeneralAmt |
| Fundraising | $7,567 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $177,534 | TotalAmt |
| Program Services | $131,334 | ProgramServicesAmt |
| Management And General | $30,453 | ManagementAndGeneralAmt |
| Fundraising | $15,747 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $191,193 | TotalAmt |
| Program Services | $141,439 | ProgramServicesAmt |
| Management And General | $32,797 | ManagementAndGeneralAmt |
| Fundraising | $16,957 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,449 | TotalAmt |
| Program Services | $1,826 | ProgramServicesAmt |
| Management And General | $1,437 | ManagementAndGeneralAmt |
| Fundraising | $7,186 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,244 | TotalAmt |
| Program Services | $25,169 | ProgramServicesAmt |
| Management And General | $25,555 | ManagementAndGeneralAmt |
| Fundraising | $12,520 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,871 | TotalAmt |
| Program Services | $24,577 | ProgramServicesAmt |
| Fundraising | $1,294 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $136,370 | TotalAmt |
| Program Services | $111,885 | ProgramServicesAmt |
| Management And General | $14,247 | ManagementAndGeneralAmt |
| Fundraising | $10,238 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,543 | TotalAmt |
| Program Services | $58,089 | ProgramServicesAmt |
| Fundraising | $6,454 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,887 | TotalAmt |
| Program Services | $43,871 | ProgramServicesAmt |
| Management And General | $4,785 | ManagementAndGeneralAmt |
| Fundraising | $2,231 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $145,238 | TotalAmt |
| Program Services | $116,190 | ProgramServicesAmt |
| Management And General | $21,786 | ManagementAndGeneralAmt |
| Fundraising | $7,262 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $123,728 | TotalAmt |
| Program Services | $98,982 | ProgramServicesAmt |
| Management And General | $12,373 | ManagementAndGeneralAmt |
| Fundraising | $12,373 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,710 | TotalAmt |
| Program Services | $1,368 | ProgramServicesAmt |
| Management And General | $342 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,941,966 | TotalAmt |
| Program Services | $1,941,966 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,165 | TotalAmt |
| Program Services | $22,624 | ProgramServicesAmt |
| Management And General | $6,033 | ManagementAndGeneralAmt |
| Fundraising | $1,508 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,716 | TotalAmt |
| Program Services | $34,608 | ProgramServicesAmt |
| Management And General | $4,072 | ManagementAndGeneralAmt |
| Fundraising | $2,036 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| REPAIRS AND MAINTENANCE | $189,819 | $170,837 | $17,084 | $1,898 |
| STAFF DEVELOPMENT | $25,682 | $21,830 | $2,568 | $1,284 |
| DUES | $11,339 | $10,205 | $1,134 | |
| SERVICE FEE EXPENSE | $1,708 | $1,708 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,309 | TotalAmt |
| Program Services | $42,762 | ProgramServicesAmt |
| Management And General | $7,547 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,119,817 | TotalAmt |
| Program Services | $5,100,250 | ProgramServicesAmt |
| Management And General | $668,926 | ManagementAndGeneralAmt |
| Fundraising | $350,641 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,808,198 | BOYAmt |
| EOY | $4,903,920 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,053,607 | BOYAmt |
| EOY | $26,058,210 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $75,246 | BOYAmt |
| EOY | $31,579 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $80,327 | BOYAmt |
| EOY | $79,731 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $245,779 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $175,030 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,721 | BOYAmt |
| EOY | $70,749 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $529,544 | BOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $93,841,311 | BOYAmt |
| EOY | $101,206,006 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $561,499 | BOYAmt |
| EOY | $432,510 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $233,112 | BOYAmt |
| EOY | $301,014 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $108,230,565 | BOYAmt |
| EOY | $133,083,719 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,059,247 | BOYAmt |
| EOY | $1,335,396 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,566,402 | BOYAmt |
| EOY | $2,587,781 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,339,362 | BOYAmt |
| EOY | $68,717,013 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $363,785 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,965,011 | BOYAmt |
| EOY | $73,003,975 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,899,871 | BOYAmt |
| EOY | $33,997,792 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,365,683 | BOYAmt |
| EOY | $26,081,952 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,265,554 | BOYAmt |
| EOY | $60,079,744 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $108,230,565 | BOYAmt |
| EOY | $133,083,719 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $5,310,336 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $3,958 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$500,104 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,475,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,500,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,330,265 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,714,496 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,646,166 | CurrentTaxYearAmt |
| Total | $16,665,927 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,475,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,500,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,330,265 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,714,496 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,646,166 | CurrentTaxYearAmt |
| Total | $16,665,927 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $16,665,927 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $49,849 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $41,522 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $16,747 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $33,856 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $396,618 | CurrentTaxYearAmt |
| Total | $538,592 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $125 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus2 Years | $177,196 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $150,134 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,087,842 | CurrentTaxYearAmt |
| Total | $1,415,297 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $18,619,816 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $27,860,823 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.89510 | PublicSupportCY170Pct |
| Public Support PY170 | 0.96950 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | OTHER REVENUE - 2019 AMOUNT: $ 125. RECOVERY OF LOAN LOSS - 2021 AMOUNT: $ 177,196. 2022 AMOUNT: $ 150,134. 2023 AMOUNT: $ 1,087,842. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,844 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,541 | DepreciationAmt |
| Book Value | $4,303 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $117,710 | OtherCostOrOtherBasisAmt |
| Depreciation | $70,834 | DepreciationAmt |
| Book Value | $46,876 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $115,225 | OtherCostOrOtherBasisAmt |
| Depreciation | $95,655 | DepreciationAmt |
| Book Value | $19,570 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $70,749 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LOANS RECEIVABLE | Desc |
| Book Value | $101,206,006 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $101,206,006 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROVISION FOR UNFUNDED COMMITMENTS | Desc |
| Amt | $363,785 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $363,785 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $10,346,269 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $3,958 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $3,958 | RevenueNotReportedAmt |
| Revenue Subtotal | $10,342,311 | RevenueSubtotalAmt |
| Other Revenues Not Included | $1,087,842 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1,087,842 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $11,430,153 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $5,532,079 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | -$587,738 | OtherExpensesIncludedAmt |
| Expenses Not Reported | -$587,738 | ExpensesNotReportedAmt |
| Expenses Subtotal | $6,119,817 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $6,119,817 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | THE ESCROW CASH ACCOUNTS ARE RESTRICTED CASH ACCOUNTS REPRESENTING RESERVE ACCOUNTS HELD FOR BORROWERS AND INTENDED FOR SPECIFIC PURPOSES AND ASSOCIATED WITH PERMANENT LOANS EXTENDED TO BORROWERS. RESERVES INCLUDE I) REPAIR AND REPLACEMENT RESERVES DESIGNATED FOR CAPITAL IMPROVEMENTS AS WELL AS II) INTEREST/OPERATING RESERVES. |
| PART X, LINE 2: | THE ORGANIZATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. DUE TO ITS TAX-EXEMPT STATUS, THE ORGANIZATION IS NOT SUBJECT TO INCOME TAXES. THE ORGANIZATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES, AND THE ORGANIZATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. TAX RETURNS FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO TAX RETURNS OF THE ORGANIZATION ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX RETURNS FILED SINCE 2020 REMAIN OPEN FOR EXAMINATION. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | RECOVERY OF LOAN LOSS 1,087,842. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RECOVERY OF LOAN LOSS -587,738. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JAMES PEFFLEY | ||||||||||||||
| CEO | $314,582 | $0 | $0 | $0 | $2,322 | $0 | $19,339 | $0 | $17,940 | $0 | $354,183 | $0 | $0 | $0 |
| STEPHEN PEELOR | ||||||||||||||
| CHIEF LOAN OFFICER | $207,439 | $0 | $10,010 | $0 | $1,015 | $0 | $13,245 | $0 | $12,291 | $0 | $244,000 | $0 | $0 | $0 |
| ELIZABETH O'LEARY | ||||||||||||||
| CHIEF PORTFOLIO OFFICER | $202,530 | $0 | $11,461 | $0 | $2,801 | $0 | $13,008 | $0 | $0 | $0 | $229,800 | $0 | $0 | $0 |
| ADAM COILE | ||||||||||||||
| SENIOR PORTFOLIO MANAGER | $145,082 | $0 | $12,000 | $0 | $268 | $0 | $9,728 | $0 | $23,895 | $0 | $190,973 | $0 | $0 | $0 |
| MATTHIAS GLATTING | ||||||||||||||
| CFO - INCOMING | $182,084 | $0 | $0 | $0 | $297 | $0 | $6,913 | $0 | $0 | $0 | $189,294 | $0 | $0 | $0 |
| LANIE WASSERMAN | ||||||||||||||
| SENIOR LOAN OFFICER | $140,660 | $0 | $11,000 | $0 | $427 | $0 | $9,356 | $0 | $20,612 | $0 | $182,055 | $0 | $0 | $0 |
| MICHAEL HAAS | ||||||||||||||
| SENIOR LOAN OFFICER | $135,811 | $0 | $11,000 | $0 | $246 | $0 | $9,021 | $0 | $14,725 | $0 | $170,803 | $0 | $0 | $0 |
| BRENT BOZMAN | ||||||||||||||
| CONTROLLER | $129,343 | $0 | $11,900 | $0 | $373 | $0 | $8,503 | $0 | $0 | $0 | $150,119 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | PERSONS LISTED RECEIVED ANNUAL PERFORMANCE BONUSES BASED ON INDIVIDUAL AND OTHER CORPORATE GOAL ACHIEVEMENT. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | UPON RECEIPT OF THE DRAFT 990, THE FINANCE COMMITTEE, CONSISTING OF AT LEAST ONE FINANCE PROFESSIONAL, REVIEWS THE 990 FOR ACCURACY. THE FORM 990 IS DISTRIBUTED TO ALL MEMBERS OF THE GOVERNING BODY PRIOR TO ITS SUBMISSION TO THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION ENFORCES A DUTY TO DISCLOSE THAT IN ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS, WHEREUPON A DETERMINATION IS MADE REGARDING WHETHER A CONFLICT OF INTEREST EXISTS BY THE BOARD OR COMMITTEE ONCE THIS DISCLOSURE IS MADE. A WRITTEN AND SIGNED ANNUAL STATEMENT IS REQUIRED OF EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS. PERIODIC REVIEWS ARE CONDUCTED OF THESE ANNUAL STATEMENTS. |
| FORM 990, PART VI, SECTION B, LINE 15 | ANNUALLY THE CHAIR OF THE NEIGHBORWORKS CAPITAL BOARD OF DIRECTORS GAINS FEEDBACK FROM THE DIRECTORS ON CEO PERFORMANCE AND CONDUCTS AN ANNUAL WRITTEN REVIEW OF THE CEO. IN ADDITION, IT DETERMINES ANY BONUS EARNED AND APPROVES CEO COMPENSATION FOR THE UPCOMING CALENDAR YEAR. COMPENSATION INFORMATION USED BY THE BOARD INCLUDES A COMPENSATION SURVEY DONE BY NEIGHBORWORKS CAPITAL'S NATIONAL TRADE ASSOCIATION, OPPORTUNITY FINANCE NETWORK (OFN), AS WELL AS AN EXECUTIVE COMPENSATION REVIEW BY QUATT ASSOCIATES. THIS INCLUDES THE SALARIES OF THE SENIOR MANAGEMENT TEAM IN ADDITION TO THE CEO. THE CEO USES THE QUATT INFORMATION AS A GUIDE FOR THE SENIOR MANAGEMENT COMPENSATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC ON NEIGHBORWORKS CAPITAL'S WEBSITE. |
| FORM 990, PART XI, LINE 9: | ADOPTION OF ASC 326 -500,104. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| NC PL LLC | |||||||||
| 8484 GEORGIA AVE SUITE 330 | SILVER SPRING | MD | 20910 | 881421283 | LENDING FOR AFFORDABLE HOUSING PROJECTS | MD | $258,869 | $22,289,094 | NEIGHBORWORKS CAPITAL CORP |
| NEIGHBORWORKS CAPITAL GREEN LLC | |||||||||
| 8484 GEORGIA AVE SUITE 330 | SILVER SPRING | MD | 20910 | 352825805 | ENVIRONMENT LENDING AND GRANTS | DE | $0 | $0 | NEIGHBORWORKS CAPITAL CORP |
| NEIGHBORWORKS CAPITAL CONSULTING | |||||||||
| 8484 GEORGIA AVE SUITE 330 | SILVER SPRING | MD | 20910 | 990626570 | AFFORDABLE HOUSING INDUSTRY CONSULTING | DE | $0 | $0 | NEIGHBORWORKS CAPITAL CORP |
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