COMMUNITY VISION CAPITAL & CONSULTING: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- COMMUNITY VISION CAPITAL & CONSULTING (EIN 94-3032394)
- Tax period
- 2022-10-01 to 2023-09-30
- Filed
- 2024-07-15
- IRS object ID
- 202411979349302386
- Schema version
- 2022v5.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule I
- Schedule J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-07-15T20:20:14-05:00 | ReturnTs |
| Tax Period End | 2023-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 941254756 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOOD & STRONG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 SO MARKET ST STE 200 | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95113 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 943032394 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COMMUNITY VISION CAPITAL & CONSULTING | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COMM | BusinessNameControlTxt |
| Phone | 4153928215 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 870 MARKET STREET 677 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WIL O MENDOZA | PersonNm |
| Person Title | VICE PRESIDENT OF FINANCE | PersonTitleTxt |
| Phone | 4153928215 | PhoneNum |
| Signature | 2024-07-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | WIL | PersonFirstNm |
| Person Last | MENDOZA | 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 | MAGA E KISRIEV | PreparerPersonNm |
| PTIN | P01008919 | PTIN |
| Phone | 4089988400 | PhoneNum |
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 | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CATHERINE HOWARD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 870 MARKET STREET 677 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $14,581,390 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTPS://COMMUNITYVISIONCA.ORG/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1987 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | PROVIDING FINANCING AND FINANCIAL EXPERTISE TO STRENGTHEN LOW-INCOME COMMUNITIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 62 | TotalEmployeeCnt |
| Total Volunteers | 25 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $7,225,412 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,851,529 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $5,084,298 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $5,338,741 | CYProgramServiceRevenueAmt |
| PY Investment Income | $979,075 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,213,698 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $13,288,785 | PYTotalRevenueAmt |
| CY Total Revenue | $10,403,968 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $224,467 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $164,494 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $6,171,205 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $6,085,586 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $618,715 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,282,473 | PYOtherExpensesAmt |
| CY Other Expenses | $7,639,734 | CYOtherExpensesAmt |
| PY Total Expenses | $11,678,145 | PYTotalExpensesAmt |
| CY Total Expenses | $13,889,814 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,610,640 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$3,485,846 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $119,686,017 | TotalAssetsBOYAmt |
| Total Assets EOY | $129,891,649 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $82,179,276 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $92,196,482 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $37,506,741 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $37,695,167 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | COMMUNITY VISION CAPITAL & CONSULTING PROMOTES ECONOMIC JUSTICE AND ALLEVIATES POVERTY BY INCREASING THE FINANCIAL RESILIENCE AND SUSTAINABILITY OF COMMUNITY-BASED NONPROFITS AND ENTERPRISES. THROUGH FLEXIBLE FINANCIAL PRODUCTS AND SOUND ADVICE, WE CREATE OPPORTUNITIES TO MAKE SOCIALLY RESPONSIBLE INVESTMENTS THAT REVITALIZE NORTHERN CALIFORNIA COMMUNITIES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $8,379,698 | ExpenseAmt |
| Grant | $104,494 | GrantAmt |
| Revenue | $4,050,291 | RevenueAmt |
| Desc | CAPITAL SOLUTIONS: SINCE 1987, COMMUNITY VISION HAS MADE 654 LOANS TOTALING $322 MILLION TO NONPROFITS AND SOCIAL ENTERPRISES SERVING DISINVESTED COMMUNITIES IN NORTHERN AND CENTRAL CALIFORNIA, LEVERAGING OVER $1.9 BILLION IN ADDITIONAL PROJECT FUNDING. THESE LOANS HAVE HELPED CREATE OR PRESERVE 8,007 AFFORDABLE HOUSING UNITS FOR LOW-INCOME FAMILIES AND INDIVIDUALS, AND FINANCED OVER 4.9 MILLION SQUARE FEET OF NEIGHBORHOOD-SERVING COMMERCIAL AND RESIDENTIAL SPACE. THESE LOANS HAVE ALSO HELPED CREATE OR PRESERVE 24,446 PERMANENT AND CONSTRUCTION JOBS, AND HELPED FINANCE PROJECTS BY ORGANIZATIONS THAT SERVE OVER 1.8 MILLION INDIVIDUALS. AT THE END OF FY23, COMMUNITY VISION MANAGED A PORTFOLIO OF 105 LOANS WORTH $85 MILLION TO 87 ORGANIZATIONS. DURING FY23, COMMUNITY VISION CLOSED 34 LOANS TOTALING $39 MILLION. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,576,577 | ExpenseAmt |
| Grant | $60,000 | GrantAmt |
| Revenue | $856,646 | RevenueAmt |
| Desc | REAL ESTATE SOLUTIONS (RES): SINCE THE INCEPTION OF OUR CONSULTING & TRAINING PROGRAM, COMMUNITY VISION HAS PROVIDED 1,163 REAL ESTATE AND FINANCIAL MANAGEMENT CONSULTING ENGAGEMENTS AND SERVED 5,519 ORGANIZATIONS THROUGH WORKSHOPS ON THESE TOPICS. DURING FY23, THE PROGRAM COMPLETED 63 CONSULTING ENGAGEMENTS, AND REACHED OVER 219 ORGANIZATIONS THROUGH 15 WORKSHOPS. RES ALSO MANAGES THE CALCORE PROGRAM, A FIVE-YEAR STATE-WIDE INITIATIVE THAT BRINGS TOGETHER COHORTS OF COMMUNITY-BASED DEVELOPERS, WITH A FOCUS ON BLACK, INDIGENOUS, PEOPLE OF COLOR-LED (BIPOC) REAL ESTATE ORGANIZATIONS, PARTICULARLY COMMUNITY DEVELOPMENT CORPORATIONS (CDCS) AND COMMUNITY LAND TRUSTS (CLTS). | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $615,713 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | COMMUNICATIONS AND IMPACT: COMMUNITY VISION CONDUCTS ONGOING EVALUATION OF PROGRAMS AND INITIATIVES. WE DEVELOP AND DISTRIBUTE INFORMATION ABOUT OUR PROGRAMS BOTH INTERNALLY AND EXTERNALLY VIA MULTIPLE CHANNELS. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $557,459 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $431,804 | RevenueAmt |
| Desc | CAPITALIZATION: COMMUNITY VISION WAS FOUNDED BY COMMUNITY RESIDENTS AS A VEHICLE TO CHANNEL CAPITAL FROM SOCIALLY RESPONSIBLE AND MISSION MOTIVATED INVESTORS TO PROJECTS THAT BENEFIT LOW INCOME PEOPLE. WE PROVIDE EDUCATION ON SUSTAINABLE, SOCIALLY RESPONSIBLE INVESTING. AT THE END OF FY2023 INVESTMENTS MADE BY OVER 300 BANKS, FOUNDATIONS, INDIVIDUALS, RELIGIOUS ORGANIZATIONS, NONPROFIT ORGANIZATIONS AND HOSPITAL SYSTEMS INTO OUR REVOLVING LOAN FUND TOTALED $81 MILLION.NEW MARKETS TAX CREDIT: COMMUNITY VISION HAS RECEIVED A TOTAL OF $212 MILLION IN NEW MARKETS TAX CREDIT (NMTC) ALLOCATION FOR USE IN OUR NORTHERN AND CENTRAL CALIFORNIA SERVICE AREA. WE HIGHLY LEVERAGE AND INVEST TAX CREDIT CAPITAL IN HIGH IMPACT BUSINESSES AND NONPROFITS IN QUALIFYING LOW-INCOME COMMUNITIES, CREATING JOBS AND SPURRING ADDITIONAL ECONOMIC DEVELOPMENT. OUR NMTC PROGRAM HAS HELPED TO CREATE OR PRESERVE 5,637 JOBS, CREATED 1,038,826 SQUARE FEET OF COMMUNITY FACILITY SPACE, HELPED TO DEVELOP 84 UNITS OF AFFORDABLE HOUSING AND LEVERAGED AN ADDITIONAL $340 MILLION IN PRIVATE INVESTMENT. OVER 962,000 INDIVIDUALS ACROSS 8 COUNTIES SPANNING NORTHERN AND CENTRAL CALIFORNIA WILL BE SERVED BY THE PROJECTS DEVELOPED USING THESE FUNDS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $557,459 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $431,804 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $12,129,447 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | 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 | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | 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 | Yes (1) | 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 | Yes (1) | 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 | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 257 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 62 | 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 | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| 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 | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | 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 |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WIL O MENDOZA | PersonNm |
| Phone | 4153928215 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 870 MARKET ST SUITE 677 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94102 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| PATRICIA GOPAUL | |||||||
| BOARD CHAIR | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JOHN CHAN | |||||||
| TREASURER | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DAVID ELSAESSER | |||||||
| SECRETARY | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ANITA ADDISON | |||||||
| BOARD MEMBER | 4.00 | Yes (X) | $0 | $0 | $0 | ||
| NIKKI BEASLEY | |||||||
| BOARD MEMBER | 4.00 | Yes (X) | $0 | $0 | $0 | ||
| ANDRE MADEIRA | |||||||
| BOARD MEMBER | 4.00 | Yes (X) | $0 | $0 | $0 | ||
| BRYAN IGNOZZI | |||||||
| BOARD MEMBER | 4.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES SNYDER | |||||||
| BOARD MEMBER (THRU 1/1/23) | 4.00 | Yes (X) | $0 | $0 | $0 | ||
| CAROLYN JOHNSON | |||||||
| BOARD MEMBER | 4.00 | Yes (X) | $0 | $0 | $0 | ||
| LUISA MEDINA | |||||||
| BOARD MEMBER | 4.00 | Yes (X) | $0 | $0 | $0 | ||
| PAMELA MERCHANT | |||||||
| BOARD MEMBER/CONSULTANT | 4.00 | Yes (X) | $8,625 | $0 | $0 | ||
| CATHERINE HOWARD | |||||||
| PRESIDENT | 40.00 | Yes (X) | $241,162 | $0 | $31,835 | ||
| WILFREDO O MENDOZA | |||||||
| CFO | 40.00 | Yes (X) | $115,157 | $0 | $13,883 | ||
| SABRINA KELLEY | |||||||
| DIR OF EXTERNAL RELATIONS | 40.00 | $166,732 | $0 | $27,178 | Yes (X) | ||
| SAUL ETTLIN | |||||||
| SENIOR ADVISOR TO THE PRESIDENT | 40.00 | $165,550 | $0 | $30,335 | Yes (X) | ||
| JONATHAN TAYLOR | |||||||
| DR OF CAPITAL SOLUTIONS (THRU 1/23) | 40.00 | $183,732 | $0 | $25,336 | Yes (X) | ||
| GRAYTON HUANG | |||||||
| CONTROLLER | 40.00 | $150,851 | $0 | $9,926 | Yes (X) | ||
| DANIEL MCDONALD | |||||||
| SENIOR BUSINESS DEVELOPMENT OFFICER | 40.00 | $143,762 | $0 | $10,253 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,175,571 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $148,746 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 21 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| THE NORFUS FIRM | |||||
| POB 11177 | MIAMI | FL | 33101 | HR AND DEI CONSULTING | $281,927 |
| NIXON PEABODY | |||||
| 300 S GRAND AVE 4100 | LOS ANGELES | CA | 90071 | LEGAL SERVICES | $201,941 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,741,165 | GovernmentGrantsAmt |
| All Other Contributions | $2,110,364 | AllOtherContributionsAmt |
| Total Contributions | $3,851,529 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| INTEREST ON COMMUNITY LOANS | 813319 | $4,050,291 | $4,050,291 |
| LOAN FEES/NMTC FEES | 813319 | $786,253 | $786,253 |
| CONSULTING AND FISCAL AGENT FEES | 813319 | $502,197 | $502,197 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $5,338,741 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,023,536 | TotalRevenueColumnAmt |
| Exclusion | $1,023,536 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,367,584 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,177,422 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $190,162 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $190,162 | TotalRevenueColumnAmt |
| Exclusion | $190,162 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,403,968 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,338,741 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,213,698 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $164,494 | TotalAmt |
| Program Services | $164,494 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $514,353 | TotalAmt |
| Program Services | $282,894 | ProgramServicesAmt |
| Management And General | $128,588 | ManagementAndGeneralAmt |
| Fundraising | $102,871 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,555,692 | TotalAmt |
| Program Services | $3,778,356 | ProgramServicesAmt |
| Management And General | $445,436 | ManagementAndGeneralAmt |
| Fundraising | $331,900 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $201,634 | TotalAmt |
| Program Services | $167,414 | ProgramServicesAmt |
| Management And General | $21,328 | ManagementAndGeneralAmt |
| Fundraising | $12,892 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $443,407 | TotalAmt |
| Program Services | $362,752 | ProgramServicesAmt |
| Management And General | $50,032 | ManagementAndGeneralAmt |
| Fundraising | $30,623 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $370,500 | TotalAmt |
| Program Services | $297,323 | ProgramServicesAmt |
| Management And General | $42,383 | ManagementAndGeneralAmt |
| Fundraising | $30,794 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $511,326 | TotalAmt |
| Program Services | $482,437 | ProgramServicesAmt |
| Management And General | $20,924 | ManagementAndGeneralAmt |
| Fundraising | $7,965 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,693 | TotalAmt |
| Program Services | $10,208 | ProgramServicesAmt |
| Management And General | $71,102 | ManagementAndGeneralAmt |
| Fundraising | $383 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,431 | TotalAmt |
| Management And General | $39,431 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $658,592 | TotalAmt |
| Program Services | $511,766 | ProgramServicesAmt |
| Management And General | $132,280 | ManagementAndGeneralAmt |
| Fundraising | $14,546 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,005 | TotalAmt |
| Program Services | $79,239 | ProgramServicesAmt |
| Management And General | $7,216 | ManagementAndGeneralAmt |
| Fundraising | $13,550 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $356,977 | TotalAmt |
| Program Services | $328,660 | ProgramServicesAmt |
| Management And General | $17,681 | ManagementAndGeneralAmt |
| Fundraising | $10,636 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $323,102 | TotalAmt |
| Program Services | $260,662 | ProgramServicesAmt |
| Management And General | $41,826 | ManagementAndGeneralAmt |
| Fundraising | $20,614 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $342,289 | TotalAmt |
| Program Services | $281,096 | ProgramServicesAmt |
| Management And General | $41,929 | ManagementAndGeneralAmt |
| Fundraising | $19,264 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $78,297 | TotalAmt |
| Program Services | $55,072 | ProgramServicesAmt |
| Management And General | $13,072 | ManagementAndGeneralAmt |
| Fundraising | $10,153 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,285 | TotalAmt |
| Program Services | $42,431 | ProgramServicesAmt |
| Management And General | $8,146 | ManagementAndGeneralAmt |
| Fundraising | $4,708 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,487,035 | TotalAmt |
| Program Services | $1,487,035 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,762 | TotalAmt |
| Program Services | $32,824 | ProgramServicesAmt |
| Management And General | $4,676 | ManagementAndGeneralAmt |
| Fundraising | $2,262 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $225,139 | TotalAmt |
| Program Services | $177,850 | ProgramServicesAmt |
| Management And General | $43,260 | ManagementAndGeneralAmt |
| Fundraising | $4,029 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PROVISION FOR LOAN LOSS | $2,422,774 | $2,422,774 | ||
| BAD DEBT EXPENSE | $534,048 | $534,048 | ||
| FEES AND LICENSES | $383,979 | $370,112 | $12,342 | $1,525 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,889,814 | TotalAmt |
| Program Services | $12,129,447 | ProgramServicesAmt |
| Management And General | $1,141,652 | ManagementAndGeneralAmt |
| Fundraising | $618,715 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,874,888 | BOYAmt |
| EOY | $297,721 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,641,251 | BOYAmt |
| EOY | $10,890,901 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,653,333 | BOYAmt |
| EOY | $1,470,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $686,189 | BOYAmt |
| EOY | $1,079,895 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,427,918 | BOYAmt |
| EOY | $77,721,782 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $197,259 | BOYAmt |
| EOY | $239,948 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $2,936,061 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $415,409 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,477 | BOYAmt |
| EOY | $2,520,652 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,812,166 | BOYAmt |
| EOY | $26,104,376 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,205,202 | BOYAmt |
| EOY | $3,909,198 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $181,808 | BOYAmt |
| EOY | $241,808 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,906,526 | BOYAmt |
| EOY | $5,415,368 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $119,686,017 | BOYAmt |
| EOY | $129,891,649 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,487,265 | BOYAmt |
| EOY | $1,563,138 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,116,048 | BOYAmt |
| EOY | $5,029,824 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,026 | BOYAmt |
| EOY | $20,000 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,600,688 | BOYAmt |
| EOY | $81,046,971 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,955,249 | BOYAmt |
| EOY | $4,536,549 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $82,179,276 | BOYAmt |
| EOY | $92,196,482 | 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 | $25,393,848 | BOYAmt |
| EOY | $28,675,836 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,112,893 | BOYAmt |
| EOY | $9,019,331 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,506,741 | BOYAmt |
| EOY | $37,695,167 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $119,686,017 | BOYAmt |
| EOY | $129,891,649 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$3,485,846 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,246,373 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $2,427,899 | 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) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| 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 | $5,527,752 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,157,269 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,317,131 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,225,412 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,851,529 | CurrentTaxYearAmt |
| Total | $36,079,093 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,527,752 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,157,269 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,317,131 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,225,412 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,851,529 | CurrentTaxYearAmt |
| Total | $36,079,093 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $5,069,074 | SubstantialContributorsTotAmt |
| Public Support Total170 | $31,010,019 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $524,975 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $422,853 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $586,940 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,041,465 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,023,536 | CurrentTaxYearAmt |
| Total | $3,599,769 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,820 | CurrentTaxYearMinus4YearsAmt |
| Total | $8,820 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $39,687,682 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $28,779,491 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.78140 | PublicSupportCY170Pct |
| Public Support PY170 | 0.83720 | 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 | GROSS INCOME FROM FUNDRAISING EVENTS - 2018 AMOUNT: $ 8,820. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. | 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 C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $7,110 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $7,110 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $13,843,273 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $13,850,383 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $842,519 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $210,630 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $727,229 | CurrentYearMinus3Amt |
| Current Year Minus2 | $597,315 | CurrentYearMinus2Amt |
| Current Year Minus1 | $731,372 | CurrentYearMinus1Amt |
| Current Year | $842,519 | CurrentYearAmt |
| Total | $2,898,435 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $4,347,653 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $5,500 | CurrentYearMinus3Amt |
| Current Year Minus1 | $7,500 | CurrentYearMinus1Amt |
| Current Year | $7,110 | CurrentYearAmt |
| Total | $20,110 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $181,807 | CurrentYearMinus3Amt |
| Current Year Minus2 | $149,329 | CurrentYearMinus2Amt |
| Current Year Minus1 | $182,843 | CurrentYearMinus1Amt |
| Current Year | $210,630 | CurrentYearAmt |
| Total | $724,609 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,086,914 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $123,954 | OtherCostOrOtherBasisAmt |
| Depreciation | $91,081 | DepreciationAmt |
| Book Value | $32,873 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $384,208 | OtherCostOrOtherBasisAmt |
| Depreciation | $324,328 | DepreciationAmt |
| Book Value | $59,880 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,427,899 | OtherCostOrOtherBasisAmt |
| Book Value | $2,427,899 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,520,652 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| FUNDS HELD IN TRUST | $3,380,209 |
| OTHER LIABILITIES | $430,413 |
| OPERATING LEASE LIABILITY | $725,927 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $4,536,549 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $12,654,875 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,246,373 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $362,147 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $681,818 | OtherRevenueAmt |
| Revenue Not Reported | $2,290,338 | RevenueNotReportedAmt |
| Revenue Subtotal | $10,364,537 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $39,431 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $39,431 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $10,403,968 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $14,894,348 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $362,147 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $362,147 | ExpensesNotReportedAmt |
| Expenses Subtotal | $14,532,201 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $39,431 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | -$681,818 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | -$642,387 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $13,889,814 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FROM CALIFORNIA FRANCHISE AND/OR INCOME TAXES UNDER SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE. AS OF SEPTEMBER 30, 2023, MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD MAINTAINED ITS TAX-EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | DEBT EXTINGUISHMENT NETTED IN PROVISION FOR LOAN LOSS 681,818. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | DEBT EXTINGUISHMENT NETTED IN PROVISION FOR LOAN LOSS -681,818. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| SOGOREA TE' LAND TRUST | ||||||||
| 2501 HARRISON STREET | OAKLAND | CA | 94612 | 824415931 | 501(C)(3) | $27,247 | $0 | GENERAL OPERATING SUPPORT |
| FIRST NATIONS DEVELOPMENT INSTITUTE | ||||||||
| 2432 MAIN STREET | LONGMONT | CA | 80501 | 541254491 | 501(C)(3) | $27,247 | $0 | GENERAL OPERATING SUPPORT |
| SOLANO ADVOCATES FOR VICTIMS OF VIOLENCE | ||||||||
| 1745 ENTERPRISE DR SUITE 1F | FAIRFIELD | CA | 94533 | 611582626 | 501(C)(3) | $30,000 | $0 | GENERAL OPERATING SUPPORT |
| NORTHERN CALIFORNIA GRANTMAKERS | ||||||||
| 160 SPEAR STREET 360 | SAN FRANCISCO | CA | 94105 | 942761355 | 501(C)(3) | $30,000 | $0 | GENERAL OPERATING SUPPORT |
| MALONGA ARTS COLLECTIVE | ||||||||
| 1428 ALICE STREET SUITE 201 | OAKLAND | CA | 94612 | 883751876 | 501(C)(3) | $10,000 | $0 | GENERAL OPERATING SUPPORT |
| COMMUNITY ACTION BOARD OF SANTA CRUZ COUNTY | ||||||||
| 406 MAIN STREET STE 207 | WATSONVILLE | CA | 95076 | 942523780 | 501(C)(3) | $10,000 | $0 | GENERAL OPERATING SUPPORT |
| YOUTH ALLIANCE | ||||||||
| 310 FOURTH STREET STE 101 | HOLLISTER | CA | 95023 | 770377244 | 501(C)(3) | $10,000 | $0 | GENERAL OPERATING SUPPORT |
| LITTLE MANILA RISING CENTER | ||||||||
| 2154 S SAN JOACHIN STREET | STOCKTON | CA | 95206 | 202661354 | 501(C)(3) | $20,000 | $0 | GENERAL OPERATING SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 8 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | INITIAL, INTERIM AND FINAL REPORTS BY ALL GRANTEES INCLUDING RECIPIENTS OF FORGIVABLE LOANS. IF THE LOAN IS FORGIVEN BECAUSE A PROJECT DOES NOT MOVE FORWARD IT CONVERTS TO A GRANT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| 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 | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CATHERINE HOWARD | ||||||||||||||
| PRESIDENT | $241,162 | $0 | $0 | $0 | $0 | $0 | $10,235 | $0 | $21,600 | $0 | $272,997 | $0 | $0 | $0 |
| JONATHAN TAYLOR | ||||||||||||||
| DR OF CAPITAL SOLUTIONS (THRU 1/23) | $180,732 | $0 | $3,000 | $0 | $0 | $0 | $8,512 | $0 | $16,824 | $0 | $209,068 | $0 | $0 | $0 |
| SAUL ETTLIN | ||||||||||||||
| SENIOR ADVISOR TO THE PRESIDENT | $160,550 | $0 | $5,000 | $0 | $0 | $0 | $7,967 | $0 | $22,368 | $0 | $195,885 | $0 | $0 | $0 |
| SABRINA KELLEY | ||||||||||||||
| DIR OF EXTERNAL RELATIONS | $163,732 | $0 | $3,000 | $0 | $0 | $0 | $8,002 | $0 | $19,176 | $0 | $193,910 | $0 | $0 | $0 |
| GRAYTON HUANG | ||||||||||||||
| CONTROLLER | $145,851 | $0 | $5,000 | $0 | $0 | $0 | $7,526 | $0 | $2,400 | $0 | $160,777 | $0 | $0 | $0 |
| DANIEL MCDONALD | ||||||||||||||
| SENIOR BUSINESS DEVELOPMENT OFFICER | $140,762 | $0 | $3,000 | $0 | $0 | $0 | $7,313 | $0 | $2,940 | $0 | $154,015 | $0 | $0 | $0 |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAMELA MERCHANT | PersonNm |
| Relationship With Org | BOARD MEMBER | RelationshipWithOrgTxt |
| Loan Purpose | TO FUND CAPITAL POOL FOR COMMUNITY AND ECONOMIC DEV. PROJECTS FINANCING | LoanPurposeTxt |
| Loan To Organization | Yes (X) | LoanToOrganizationInd |
| Original Principal | $20,000 | OriginalPrincipalAmt |
| Balance Due | $20,000 | BalanceDueAmt |
| Default | 0 | DefaultInd |
| Board Or Committee Approval | Yes (1) | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (1) | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $20,000 | TotalBalanceDueAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE L, PART II, LOANS FROM INTERESTED PERSONS: | FormAndLineReferenceDesc |
| Explanation | AT THE END OF FY2023 COMMUNITY VISION HAD 383 LOANS IN THIS POOL FROM BANKS, CORPORATIONS, INDIVIDUALS, RELIGIOUS GROUPS, HEALTH SYSTEMS AND NONPROFIT ORGANIZATIONS. ONE MEMBER OF THE BOARD OF DIRECTORS CHOSE TO SUPPORT THE ORGANIZATION'S MISSION BY LENDING MONEY TO THE ORGANIZATION'S CAPITAL POOL. THIS LOAN WAS INCLUDED IN NOTES PAYABLE ON THE ACCOMPANYING FINANCIAL STATEMENTS. THE LOAN WAS ACCEPTED ON TERMS THAT CONFORM TO THE ORGANIZATION'S STANDARD POLICIES FOR ACCEPTING LOANS INTO THE INVESTMENT POOL. DURING FY2023, COMMUNITY VISION HAD OUTSTANDING NOTES AS FOLLOWS:PAMELA MERCHANTBOARD MEMBERLOAN MADE TO COMMUNITY VISION: $20,000 AT 0% | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | ALL BOARD MEMBERS RECEIVED A COPY OF THE FORM 990 BEFORE IT WAS FILED. BOARD MEMBERS WERE ENCOURAGED TO REVIEW THE FORM 990 AND FORWARD THEIR QUESTIONS TO THE VICE PRESIDENT OF FINANCE OR TO COMMUNITY VISION'S ACCOUNTING FIRM WHO ADDRESSED THESE QUESTIONS. THE FINANCE COMMITTEE REVIEWED THE FORM IN DETAIL PRIOR TO FILING AND RECOMMENDED THE FILING OF THE RETURN TO THE FULL BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL STAFF AND BOARD MEMBERS COMPLETE A DISCLOSURE FORM ANNUALLY. DISCUSSION AND DISCLOSURE ARE INCLUDED IN REGULAR BOARD AND COMMITTEE MEETINGS, AS APPROPRIATE. IF AN ACTUAL CONFLICT EXISTS, THE PERSON INVOLVED IS TO RECUSE THEMSELVES FROM TAKING ACTION ON THE TRANSACTION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE MANAGEMENT TEAM LED BY THE PRESIDENT REVIEWS SALARY INFORMATION FOR SIMILAR POSITIONS AT OTHER NONPROFIT AND COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS. THIS GROUP RECOMMENDS SALARY RANGES BASED ON COMPARABLE DATA AND OBTAINS APPROVAL FOR THOSE RANGES FROM THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. ALL DISCUSSIONS ARE DOCUMENTED CONTEMPORANEOUSLY AND A RECORD OF THE DECISIONS ARE MAINTAINED IN THE ORGANIZATION'S FILES. THE BOARD OF DIRECTORS REVIEWS THE PERFORMANCE OF THE PRESIDENT AND APPROVES THE COMPENSATION FOR THAT POSITION BASED ON COMPARABLE DATA FROM SIMILAR ORGANIZATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF TIME SET FORTH IN SEC. 6104(D). |
| FORM 990, PART XI, LINE 9: | LOAN PURCHASE AGREEMENT NET ASSETS TRANSFER 2,427,899. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 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 |
|---|---|---|---|---|---|---|---|---|---|
| CREDIT ENHANCEMENT 1 LLC | |||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 825526864 | TO MANAGE A PROGRAM FOR FOOD ENTERPRISE RELATED FINANCING. | CA | $796,081 | $1,443,868 | COMMUNITY VISION CAPITAL & CONSULTING |
| 3105 SAN PABLO LLC | |||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 943032394 | SPECIAL PURPOSE ENTITY TO HOLD NOTES RELATED TO A REAL ESTATE TRANSACTION. | CA | $0 | $3,153,826 | COMMUNITY VISION CAPITAL & CONSULTING |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (15 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Predominant Income TypePredominantIncomeTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct | Share Of EOY AssetsShareOfEOYAssetsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE X LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 462968654 | NEW MARKETS TAX CREDIT | CA | COMMUNITY VISION CAPITAL & CONSULTING | RELATED | $599 | 0 | Yes (1) | 0.00010 | |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE XI LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 800934944 | NEW MARKETS TAX CREDIT | CA | COMMUNITY VISION CAPITAL & CONSULTING | RELATED | $3,153 | 0 | Yes (1) | 0.00010 | |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE 14 LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 474524945 | NEW MARKETS TAX CREDIT | CA | COMMUNITY VISION CAPITAL & CONSULTING | RELATED | $77,508 | 0 | Yes (1) | 0.00010 | $7,968 |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE 15 LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 474535771 | NEW MARKETS TAX CREDIT | CA | COMMUNITY VISION CAPITAL & CONSULTING | RELATED | $30,012 | 0 | Yes (1) | 0.00010 | $590 |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE 16 LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 474548038 | NEW MARKETS TAX CREDIT | CA | COMMUNITY VISION CAPITAL & CONSULTING | RELATED | $37,414 | 0 | Yes (1) | 0.00010 | $730 |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE 17 LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 474557284 | NEW MARKETS TAX CREDIT | CA | COMMUNITY VISION CAPITAL & CONSULTING | RELATED | $40,128 | 0 | Yes (1) | 0.00010 | $4,130 |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE 18 LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 474570333 | NEW MARKETS TAX CREDIT | CA | COMMUNITY VISION CAPITAL & CONSULTING | RELATED | $44,002 | 0 | Yes (1) | 0.00010 | $4,531 |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE 19 LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 824881789 | NEW MARKETS TAX CREDIT | CA | COMMUNITY VISION CAPITAL & CONSULTING | RELATED | $30,002 | 0 | Yes (1) | 0.00010 | $3,091 |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE 20 LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 824895633 | NEW MARKETS TAX CREDIT | CA | COMMUNITY VISION CAPITAL & CONSULTING | RELATED | $45,000 | 0 | Yes (1) | 0.00010 | $4,635 |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE 21 LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 824904581 | NEW MARKETS TAX CREDIT | CA | COMMUNITY VISION CAPITAL & CONSULTING | RELATED | $55,026 | 0 | Yes (1) | 0.00010 | $1,114 |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE 22 LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 824921713 | NEW MARKETS TAX CREDIT | CA | COMMUNITY VISION CAPITAL & CONSULTING | RELATED | $35,014 | 0 | Yes (1) | 0.00010 | $691 |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE 23 LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 824952887 | NEW MARKETS TAX CREDIT | CA | COMMUNITY VISION CAPITAL & CONSULTING | RELATED | $35,000 | 0 | Yes (1) | 0.00010 | $3,608 |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE 24 LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 824962734 | NEW MARKETS TAX CREDIT | CA | COMMUNITY VISION CAPITAL & CONSULTING | RELATED | $56,022 | 0 | Yes (1) | 0.00010 | $29,122 |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE 25 LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 824986555 | NEW MARKETS TAX CREDIT | CA | COMMUNITY VISION CAPITAL & CONSULTING | RELATED | -$800 | 0 | Yes (1) | 0.99000 | |
| NORTHERN CALIFORNIA COMMUNITY LOAN FUND NMTC SUB-CDE 26 LLC | |||||||||||||
| 870 MARKET STREET SUITE 677 | SAN FRANCISCO | CA | 94102 | 825011686 | NEW MARKETS TAX CREDIT | CA | COMMUNITY VISION CAPITAL & CONSULTING | RELATED | -$800 | 0 | Yes (1) | 0.99000 | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NCCLF MEMBERCO LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 870 MARKET STREET SUITE 677 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 263779521 | EIN |
| Primary Activities | NEW MARKETS TAX CREDIT | PrimaryActivitiesTxt |
| Legal Domicile State | CA | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COMMUNITY VISION CAPITAL & CONSULTING | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| NCCLF NMTC SUB-CDE 14 LLC | ||
| L | $77,500 | CONTRACT |
| NCCLF NMTC SUB-CDE 21 LLC | ||
| L | $55,000 | CONTRACT |
| NCCLF NMTC SUB-CDE 24 LLC | ||
| L | $56,000 | CONTRACT |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R, PART III | FormAndLineReferenceDesc |
| Explanation | COMMUNITY VISION CAPITAL & CONSULTING ("COMMUNITY VISION") IS A CALIFORNIA NONPROFIT PUBLIC BENEFIT ORGANIZATION, A CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION ("CDFI") AND A CERTIFIED COMMUNITY DEVELOPMENT ENTITY ("CDE"). SINCE 2009, THE CDE HAS RECEIVED SEVEN ALLOCATIONS OF NEW MARKETS TAX CREDIT ("NMTC") AUTHORITY UNDER SECTION 45D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE") TOTALING $218,000,000. UNDER THE RULES OF THE NMTC PROGRAM, COMMUNITY VISION AS A NONPROFIT CORPORATION MUST CREATE AND CONDUCT ITS NEW MARKETS PROGRAM THROUGH ONE OR MORE FOR-PROFIT CORPORATIONS OR LIMITED LIABILITY COMPANIES (HEREINAFTER THE "LLC"). THE LLC IS TYPICALLY REFERRED TO AS A "SUBSIDIARY", HOWEVER THE TERM "SUBSIDIARY" IS USED VERY DIFFERENTLY IN THE NEW MARKETS CREDIT PROGRAM THAN IT IS IN NORMAL CORPORATE FINANCE AND ACCOUNTING. IN THE NMTC PROGRAM, THE ECONOMIC INVESTMENT IN THIS "SUBSIDIARY" LLC IS MADE 99.99% BY A THIRD PARTY INVESTOR; AND THAT INVESTOR WILL RECEIVE ALL OF THE TAX BENEFITS. THE TERM "SUBSIDIARY" IS USED BY THE CDFI FUND TO SIGNIFY A RELATIONSHIP WHERE THE NEW FOR-PROFIT LLC IS MANAGED BY THE ALLOCATEE (COMMUNITY VISION) AND WHERE THE ALLOCATEE HAS SUFFICIENT CONTROL OVER THE OPERATIONS AND INVESTMENTS OF THE FOR-PROFIT LLC TO KEEP THE LLC IN COMPLIANCE WITH THE NEW MARKETS PROGRAM RULES. THE CDFI FUND HAS ESTABLISHED RULES TO DETERMINE WHAT CONSTITUTES CONTROL BUT, IN GENERAL, CONTROL MEANS (I) MAINTAINING MANAGEMENT CONTROL BY EITHER ACTING AS MANAGER OR OWNING A MAJORITY INTEREST AND (II) MAINTAINING INVESTMENT CONTROL (VETO POWER) OVER THE QUALIFIED LOW-INCOME COMMUNITY INVESTMENTS ("QLICIS") MADE BY THE SUBSIDIARY CDE. IT IS COMMON IN COMMUNITY DEVELOPMENT FINANCING, SUCH AS IN FINANCING OF AFFORDABLE HOUSING, NEW MARKETS LENDING, AND HISTORIC PRESERVATION, FOR NONPROFITS TO BE MANAGING MEMBERS OR GENERAL PARTNERS OF A FOR-PROFIT ENTITY. THE LLC HAS BEEN FORMED WITH A MISSION CONSISTENT WITH THE NONPROFIT'S EXEMPT PURPOSE, AND WILL OPERATE WITHIN THE CONSTRAINTS OF THE FEDERAL NMTC PROGRAM. IN ADDITION, THE LLC CREATED TO ACT AS CONDUIT LENDER UNDER THE NMTC PROGRAM DOES NOT HAVE A SEPARATE BOARD OF DIRECTORS. ALL DECISIONS FOR THE LLC ARE MADE BY THE MEMBERS. COMMUNITY VISION IS THE MANAGING MEMBER OF THE LLC, AND ALL ACTIONS OF THE LLC IN MAKING AND HOLDING LOANS TO BORROWERS ARE MANAGED BY COMMUNITY VISION UNDER THE LLC'S OPERATING AGREEMENT WITH AN INVESTOR. ACTIONS BY COMMUNITY VISION IN THIS CAPACITY, LIKE ALL ITS OTHER LOAN ACTIVITY TO BORROWERS, ARE MANAGED BY THE STAFF AND OFFICERS OF COMMUNITY VISION UNDER THE DIRECTION OF THE BOARD OF DIRECTORS OF COMMUNITY VISION. | ExplanationTxt |
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