CITY FIRST ENTERPRISES INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
CITY FIRST ENTERPRISES INC (EIN 52-2101165)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-07-26
IRS object ID
202312079349300306
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 ReturnHeader

FieldValueIRS element (for citing)
Return2023-07-26T13:00:32-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN943108253PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1NOVOGRADAC & COMPANY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15 GREAT VALLEY PARKWAY SUITE 319AddressLine1Txt
CityMALVERNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19355ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN522101165EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CITY FIRST ENTERPRISES INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCITYBusinessNameControlTxt
Phone2027454490PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 THOMAS CIRCLE NW 700AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonOSWALDO ACOSTAPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone2027454490PhoneNum
Signature2023-07-26SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstOSWALDOPersonFirstNm
Person LastACOSTAPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTONYA PHONGSAVANHPreparerPersonNm
PTINP00554385PTIN
Phone6102324810PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerOSWALDO ACOSTAPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 THOMAS CIRCLE NW SUITE 700AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$55,549,555GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressCFENTERPRISES.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1998FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionTO PROMOTE EQUITY AND OPPORTUNITY BY PROVIDING INCREASED ACCESS TO RESPONSIBLE CAPITAL AND COMPLEMENTARY FINANCIAL SERVICES TO UNDERSERVED COMMUNITIES WITH A GOAL OF ENSURING THE LONG-TERM WELL BEING AND RESILIENCE OF INDIVIDUALS, FAMILIES AND INSTITUTIONS. WE OFFER FINANCING AND RELATED SERVICES FOR HOUSING, SMALL BUSINESSES, COMMUNITY FACILITIES, NON-PROFITS AND OTHER MARKET PARTICIPANTS THAT HAVE A POSITIVE IMPACT ON LOW AND MODERATE INCOME COMMUNITIES.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee21TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$39,826,094PYContributionsGrantsAmt
CY Contributions Grants$53,554,233CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$970,713PYInvestmentIncomeAmt
CY Investment Income$1,410,639CYInvestmentIncomeAmt
PY Other Revenue$364,478PYOtherRevenueAmt
CY Other Revenue$584,683CYOtherRevenueAmt
PY Total Revenue$41,161,285PYTotalRevenueAmt
CY Total Revenue$55,549,555CYTotalRevenueAmt
PY Grants And Similar Paid$35,823,040PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$47,967,757CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,306,955PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,175,655CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$345,805CYTotalFundraisingExpenseAmt
PY Other Expenses$3,858,296PYOtherExpensesAmt
CY Other Expenses$646,799CYOtherExpensesAmt
PY Total Expenses$40,988,291PYTotalExpensesAmt
CY Total Expenses$50,790,211CYTotalExpensesAmt
PY Revenues Less Expenses$172,994PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$4,759,344CYRevenuesLessExpensesAmt
Total Assets BOY$50,642,589TotalAssetsBOYAmt
Total Assets EOY$60,726,218TotalAssetsEOYAmt
Total Liabilities BOY$20,553,982TotalLiabilitiesBOYAmt
Total Liabilities EOY$34,487,174TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$30,088,607NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$26,239,044NetAssetsOrFundBalancesEOYAmt
MissionTO PROMOTE EQUITY AND OPPORTUNITY BY PROVIDING INCREASED ACCESS TO RESPONSIBLE CAPITAL AND COMPLEMENTARY FINANCIAL SERVICES TO UNDERSERVED COMMUNITIES WITH A GOAL OF ENSURING THE LONG-TERM WELL BEING AND RESILIENCE OF INDIVIDUALS, FAMILIES AND INSTITUTIONS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$49,571,045ExpenseAmt
Grant$47,967,757GrantAmt
DescMANAGED PORTFOLIO OF DEPLOYED FUNDS IN SUBORDINATED LOANS TO NONPROFITS, SMALL BUSINESSES, GREEN ENERGY, AND AFFORDABLE HOUSING ORGANIZATIONS WITHIN THE GREATER WASHINGTON METROPOLITAN COMMUNITY, AS WELL AS PROVIDE TECHNICAL ASSISTANCE AND CREDIT COUNSELING TO BORROWERS. CONTINUED CREATION OF PERMANENTLY AFFORDABLE HOUSING BY WHOLLY OWNED SUBSIDIARY.Desc
Total Program Service Expenses$49,571,045TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document289IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee21EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldDCStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1OSWALDO ACOSTA PRESIDENT AND CEOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2027454490PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 THOMAS CIRCLE NW SUITE 700AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
ANNIE DONOVAN
DIRECTOR1.00Yes (X)$0$0$0
PRIYA JAYACHANDRAN
DIRECTOR1.00Yes (X)$0$0$0
LORI CHATMAN
DIRECTOR1.00Yes (X)$0$0$0
BRIAN ARGRETT
CHAIRMAN1.00$0$0$0Yes (X)
DAVID MCGRADY
VICE-CHAIRMAN1.00$0$0$0Yes (X)
DR WILLIAM LONGBRAKE
TREASURER1.00$0$0$0Yes (X)
CHUCK MUCKENFUSS
SECRETARY1.00$0$0$0Yes (X)
OSWALDO ACOSTA
PRESIDENT AND CEO40.00$315,840$0$0Yes (X)
RODRIGO CORDON
PORTFOLIO OPERATIONS DIREC40.00$153,782$0$0Yes (X)
STEPHANIE MEYER
CHIEF CREDIT OFFICER40.00$133,464$0$0Yes (X)
JONATHAN REYES
LOAN OFFICER40.00$123,538$0$0Yes (X)
SHANNA MCCLEARN
DIRECTOR OF SMALL BUSINESS PROGRAMS40.00$111,924$0$0Yes (X)
SHARON FEUER GRUBER
DIRECTOR PARTNERSHIP & DEV40.00$104,419$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$942,967TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K6IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$53,554,233AllOtherContributionsAmt
Total Contributions$53,554,233TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,410,639TotalRevenueColumnAmt
Exclusion$1,410,639ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER REVENUEDesc
Business900099BusinessCd
Total Revenue Column$584,683TotalRevenueColumnAmt
Exclusion$584,683ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$584,683OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$55,549,555TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,995,322ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$47,967,757TotalAmt
Program Services$47,967,757ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,829,172TotalAmt
Program Services$1,212,921ProgramServicesAmt
Management And General$351,383ManagementAndGeneralAmt
Fundraising$264,868FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$210,355TotalAmt
Program Services$137,924ProgramServicesAmt
Management And General$43,912ManagementAndGeneralAmt
Fundraising$28,519FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$136,128TotalAmt
Program Services$90,644ProgramServicesAmt
Management And General$25,222ManagementAndGeneralAmt
Fundraising$20,262FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$38,535TotalAmt
Program Services$14,750ProgramServicesAmt
Management And General$23,785ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$85,313TotalAmt
Management And General$85,313ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$166,908TotalAmt
Program Services$65,544ProgramServicesAmt
Management And General$69,208ManagementAndGeneralAmt
Fundraising$32,156FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$195,666TotalAmt
Program Services$46,929ProgramServicesAmt
Management And General$148,737ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$76,832TotalAmt
Management And General$76,832ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$18,751TotalAmt
Program Services$16,789ProgramServicesAmt
Management And General$1,962ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$64,794TotalAmt
Program Services$17,787ProgramServicesAmt
Management And General$47,007ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$50,790,211TotalAmt
Program Services$49,571,045ProgramServicesAmt
Management And General$873,361ManagementAndGeneralAmt
Fundraising$345,805FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$14,754,445BOYAmt
EOY$23,918,695EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$44,531BOYAmt
EOY$9,206EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$20,263,587BOYAmt
EOY$29,884,746EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$32,661BOYAmt
EOY$69,963EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$15,297,365BOYAmt
EOY$6,688,458EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$250,000BOYAmt
EOY$155,150EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$50,642,589BOYAmt
EOY$60,726,218EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$35,102BOYAmt
EOY$210,427EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$8,142,262BOYAmt
EOY$12,023,592EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$13,800BOYAmt
EOY$35,766EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$12,252,100BOYAmt
EOY$22,105,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$110,718BOYAmt
EOY$112,389EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$20,553,982BOYAmt
EOY$34,487,174EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$30,059,968BOYAmt
EOY$25,923,422EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$28,639BOYAmt
EOY$315,622EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$30,088,607BOYAmt
EOY$26,239,044EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$50,642,589BOYAmt
EOY$60,726,218EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$4,759,344ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$8,608,907NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$585,554CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$174,720CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$12,113,218CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$39,826,094CurrentTaxYearMinus1YearAmt
Current Tax Year$53,554,233CurrentTaxYearAmt
Total$106,253,819TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$585,554CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$174,720CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$12,113,218CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$39,826,094CurrentTaxYearMinus1YearAmt
Current Tax Year$53,554,233CurrentTaxYearAmt
Total$106,253,819TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$106,253,819PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$458,214CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$486,976CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$706,015CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$970,713CurrentTaxYearMinus1YearAmt
Current Tax Year$17,390CurrentTaxYearAmt
Total$2,639,308TotalAmt
FieldValueIRS element (for citing)
Total Support$108,893,127TotalSupportAmt
Public Support CY1700.97580PublicSupportCY170Pct
Public Support PY1700.94630PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct Liab0InclEscrowCustodialAcctLiabInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
PRE-DEVELOPMENT FUNDING COMMITMENT$110,718
DEFERRED INTEREST RESERVE$1,671
FieldValueIRS element (for citing)
Total Liability$112,389TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE ORGANIZATION TO REPORT INFORMATION REGARDING ITS EXPOSURE TO VARIOUS TAX POSITIONS TAKEN BY THE ORGANIZATION. THE ORGANIZATION HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAS MEASURED THE ORGANIZATION'S EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS OF TAX RETURNS FILED. ANY INTEREST OR PENALTIES ASSESSED TO THE ORGANIZATION ARE RECORDED IN OPERATING EXPENSES. NO INTEREST OR PENALTIES FROM FEDERAL OR STATE TAX AUTHORITIES WERE RECORDED IN THIS RETURN.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (526 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
MR2D LLC
1519 WISCONSIN AVE NWWASHINGTONDC20007455159419$100,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
ME SWING COMPANY INC
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5926 GEORGIA AVE NWWASHINGTONDC20011800782744$31,309$0CASHCOVID-19 SMALL BUSINESS RELIEF
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2251 FAIRLAWN AVE SEWASHINGTONDC20020800463575$75,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
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SALON ON THE AVE
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818 18TH STREET NWWASHINGTONDC20006823705404$36,562$0CASHCOVID-19 SMALL BUSINESS RELIEF
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601 NEW JERSEY AVE NWWASHINGTONDC20001832691454$65,372$0CASHCOVID-19 SMALL BUSINESS RELIEF
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3124 CORPORATION
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BEST NAIL SALON
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BMWG LLC
4706 14TH ST NWWASHINGTONDC20011872117997$75,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
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COSTAGUYS LLC
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DISTRICT DOGS INC
1221 VAN STREET SEWASHINGTONDC20003465132239$75,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
DIVADOGS INC
4824 MACARTHUR BLVD NWWASHINGTONDC20007271709847$75,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
DUKES 2000 LLC
2000 PENNSYLVANIA AVE NWWASHINGTONDC20006824653729$75,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
EL AMIGO INC
3612 14TH STREET NWWASHINGTONDC20010522098144$49,700$0CASHCOVID-19 SMALL BUSINESS RELIEF
FOCUS DC LLC
1348 H ST NEWASHINGTONDC20002853279118$75,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
FROGGY TIMES INC
1105 N OHIO STREETARLINGTONVA20005541955540$75,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
GHAL INC
503 D STREET NW 100WASHINGTONDC20001201909063$75,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
HOSPITALITY IN TRANSIT LLC
1390 KENYON STREET NW APT 309WASHINGTONDC20010842090801$75,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
IMAGE HAIR STUDIO SALON INC
4620 14TH ST NWWASHINGTONDC20011844354570$20,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
MISSION GROUP FOUR LLC
1 DUPONT CIRCLE NWWASHINGTONDC20036833576704$75,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
MOMO & MANGO LLC
2735 MARTIN LUTHER KING JR AVE SEWASHINGTONDC20032833026900$75,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
MONUMENTAL COMMUNICATION LLC
2066 RHODE ISLAND AVENUE NEWASHINGTONDC20018821181548$66,500$0CASHCOVID-19 SMALL BUSINESS RELIEF
N&S LLC
2623 CONNECTICUT AVE NWWASHINGTONDC20008843838205$26,894$0CASHCOVID-19 SMALL BUSINESS RELIEF
ORGANIC CLEANERS LLC
3903 GEORGIA AVE NWWASHINGTONDC20011452648559$20,083$0CASHCOVID-19 SMALL BUSINESS RELIEF
PO PO JIM LLC
709 H STREET NEWASHINGTONDC20002452602545$40,856$0CASHCOVID-19 SMALL BUSINESS RELIEF
ROB BEVERAGE III LLC
1400 IRVING STREET NW UNIT 109WASHINGTONDC20010833941266$63,035$0CASHCOVID-19 SMALL BUSINESS RELIEF
ROOBENSONS INC
1400 WISCONSIN AVENUE NWWASHINGTONDC20007521213088$33,431$0CASHCOVID-19 SMALL BUSINESS RELIEF
S & S CITY CLEANERS INC
84 RHODE ISLAND AVE NWWASHINGTONDC20001208489598$53,880$0CASHCOVID-19 SMALL BUSINESS RELIEF
SANKOFA VIDEO AND BOOKSTORE INC
2714 GEORGIA AVE NWWASHINGTONDC20001522023217$49,288$0CASHCOVID-19 SMALL BUSINESS RELIEF
SECONDI INC
1702 CONNECTICUT AVENUE NW SECONDWASHINGTONDC20009521448820$75,000$0CASHCOVID-19 SMALL BUSINESS RELIEFFLOOR
SOUL HAVEN LLC
2009 14TH ST NWWASHINGTONDC20009261332221$73,365$0CASHCOVID-19 SMALL BUSINESS RELIEF
TDJ LLC
1345 S ST NWWASHINGTONDC20009473707643$51,074$0CASHCOVID-19 SMALL BUSINESS RELIEF
TENLEYTOWN BARBERSHOP LLC
4627 41ST ST NWWASHINGTONDC20016814933955$41,150$0CASHCOVID-19 SMALL BUSINESS RELIEF
XCLUSIV BEAUTY SALON LLC
3121 MOUNT PLEASANT STWASHINGTONDC20010822033216$41,910$0CASHCOVID-19 SMALL BUSINESS RELIEF
ALLEY CATS HOSPITALITY LLC
50 BLAGDEN ALLEY NWWASHINGTONDC20001811899769$75,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
BALANCE GYM GLOVER PARK
2121 WISCONSIN AVE NWWASHINGTONDC20007452805033$52,527$0CASHCOVID-19 SMALL BUSINESS RELIEF
DISTRICT DOUGHNUT LLC
1101 30TH ST NE STE 305WASHINGTONDC20007461751243$46,888$0CASHCOVID-19 SMALL BUSINESS RELIEF
JUNE PARK-I INC
1352 PARK RD NWWASHINGTONDC20010451257270$41,256$0CASHCOVID-19 SMALL BUSINESS RELIEF
MIMI'S RESTAURANT
2523 PENN AVE SEWASHINGTONDC20020851883801$20,545$0CASHCOVID-19 SMALL BUSINESS RELIEF
SWIZZLER FOODS LLC
1369 NEW YORK AVE NEWASHINGTONDC20002843786233$75,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
CITY CORNER INC
2601 SHERMAN AVE NWWASHINGTONDC20001464654696$24,933$0CASHCOVID-19 SMALL BUSINESS RELIEF
ERIC ALEXIS IRRIZARY LLC
908 ALLISON ST NWWASHINGTONDC20011851308838$26,945$0CASHCOVID-19 SMALL BUSINESS RELIEF
EZ LLC
3736 10TH ST NEWASHINGTONDC20017352413086$49,800$0CASHCOVID-19 SMALL BUSINESS RELIEF
FUNKY CHICKEN LLC
5750 BOU AVENUE 810N BETHESDAMD20852462734532$75,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
MANHATTAN MARKET
2647 CONNECTICUT AVE NWWASHINGTONDC20008521760825$75,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
MEKLIT LLC
2714 GEORGIA AVE NWWASHINGTONDC20001852922420$20,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
SOULEX INCORPORATED
1010 MASSACHUSETTS AVE NWWASHINGTONDC20001464441333$53,880$0CASHCOVID-19 SMALL BUSINESS RELIEF
ZENI LLC
1919 9TH STREET NWWASHINGTONDC20001020739673$75,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
CAULIFLOWER LLC
1959 E ST NW FRNTWASHINGTONDC20052831018151$53,180$0CASHCOVID-19 SMALL BUSINESS RELIEF
DIA CORPORATION INC
11109 FAWSETT ROADPOTOMACMD20854800665570$75,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
SPERO LLC
1825 7TH ST NW APT 1004WASHINGTONDC20001820709143$75,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
JEFFERSON CLEANERS INC
2201 14TH STREET NWWASHINGTONDC20009465410340$20,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
SUNRISE INC
4518 BENNING RD SEWASHINGTONDC20019010931876$75,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
KINESIS LLC
3271 M ST NWWASHINGTONDC20007364789580$75,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
H&R LLC
2409 18TH ST NWWASHINGTONDC20009300742278$20,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
WADE ROAD INC
2600 WADE ROAD SEWASHINGTONDC20020465020764$39,240$0CASHCOVID-19 SMALL BUSINESS RELIEF
GLORY'S TOP FASHION LLC
5331-B GEORGIA AVENUE NWWASHINGTONDC20011475660991$22,313$0CASHCOVID-19 SMALL BUSINESS RELIEF
COLUMBIA HAIR SALON
1760 COLUMBIA RD NW 1BWASHINGTONDC20009260590175$20,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
SHOPKEEPERS & CO
1231 FLORIDA AVE NEWASHINGTONDC20002850752541$20,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
GT PLAYERS INC
1328 WISCONSIN AVENUE NWWASHINGTONDC20007521848216$36,995$0CASHCOVID-19 SMALL BUSINESS RELIEF
DD UNION MARKET LLC
1101 30TH ST NE STE 305WASHINGTONDC20002832726531$75,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
A NEW IMAGE BY ACIA LLC
705 FLORIDA AVENUE NORTHWESTWASHINGTONDC20001844504265$20,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
SALMA LLC
2013 14TH ST NWWASHINGTONDC20009134293941$58,625$0CASHCOVID-19 SMALL BUSINESS RELIEF
GCGT LLC
3279 M ST NWWASHINGTONDC20007862355119$63,630$0CASHCOVID-19 SMALL BUSINESS RELIEF
GEORGETOWN SUDS LLC
22714 MELROSE FARM LANEMIDDLEBURGVA20117833273382$20,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
YADA GROUP INC
1832 1ST ST NWWASHINGTONDC20001453944910$75,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
1010V LLC
1008 VERMONT AVE NWWASHINGTONDC20005208475894$75,000$0CASHCOVID-19 SMALL BUSINESS RELIEF
PARK 7 RESIDENTIAL LIMITED PARTNERSHIP
4416 EAST WEST HWY SUITE 410BETHESDAMD20814455016574$412,110$0CASHHOUSING PROVIDER RENTAL ASSISTANCE
PLAZA WEST LLC
2042-48 ARCH STREET 2ND FLOORPHILADELPHIAPA19103474068243$300,958$0CASHHOUSING PROVIDER RENTAL ASSISTANCE
DUPONT PARK APARTMENTS JV
6305 IVY LANE SUITE 140GREENBELTMD20770521546354$249,498$0CASHHOUSING PROVIDER RENTAL ASSISTANCE
MHP WORTHINGTON WOODS LLC
12200 TECH RD SUITE 250SILVER SPRINGMD20904834658186$697,006$0CASHHOUSING PROVIDER RENTAL ASSISTANCE
FRIENDSHIP COURTS APARTMENTS LIMITED PARTNERSHIP
6305 IVY LANE SUITE 140GREENBELTMD20770522212827$182,907$0CASHHOUSING PROVIDER RENTAL ASSISTANCE
WCS CARVER TERRACE LIMITED PARTNERSHIP
1100 NEW JERSEY AVE SE SUITE 1000WASHINGTONDC20003452432742$367,500$0CASHHOUSING PROVIDER RENTAL ASSISTANCE
PARKLAND MANOR ASSOCIATES
1100 NEW JERSEY AVE SE SUITE 1000WASHINGTONDC20003521766763$358,384$0CASHHOUSING PROVIDER RENTAL ASSISTANCE
FINSBURY SQUARE LIMITED PARTNERSHIP
8403 COLESVILLE RD SUITE 1150SILVER SPRINGMD20910010826102$235,194$0CASHHOUSING PROVIDER RENTAL ASSISTANCE
OXFORD MANOR LIMITED PARTNERSHIP
8403 COLESVILLE RD SUITE 1150SILVER SPRINGMD20910651213495$293,918$0CASHHOUSING PROVIDER RENTAL ASSISTANCE
TRENTON PARK APARTMENTS LIMITED PARTNERSHIP
8403 COLESVILLE RD SUITE 1150SILVER SPRINGMD20910522343499$529,864$0CASHHOUSING PROVIDER RENTAL ASSISTANCE
SPICE SUITE LLC
6902 4TH STREET NWWASHINGTONDC20012474733911$287,500$0CASHSUPPORT FOR EQUITY IMPACT ENTERPRISES
TUGOOH LLC
1440 WISCONSIN AVENUE NWWASHINGTONDC20007770669769$499,750$0CASHSUPPORT FOR EQUITY IMPACT ENTERPRISES
V-TECH SOLUTIONS INC
1336 GIRARD ST NWWASHINGTONDC20009525581566$598,750$0CASHSUPPORT FOR EQUITY IMPACT ENTERPRISES
CONSTITUENT SERVICES WORLDWIDE PUBLIC BENEFIT CORPORATION
605 RHODE ISLAND AVE NEWASHINGTONDC20002451713425$420,000$0CASHSUPPORT FOR EQUITY IMPACT ENTERPRISES
2335 LLC
2335BLADENSBURG RD NEWASHINGTONDC20018810978463$325,000$0CASHSUPPORT FOR EQUITY IMPACT ENTERPRISES
COMMUNITY WELLNESS VENTURES LLC
1930 MARTIN LUTHER KING JR AVE SEWASHINGTONDC20020474923631$750,000$0CASHSUPPORT FOR EQUITY IMPACT ENTERPRISES
MOTHER RUCKERS SUBS LLC
1101 BLADENSBURG RD NEWASHINGTONDC20002461903072$196,250$0CASHSUPPORT FOR EQUITY IMPACT ENTERPRISES
DEVELOPMENT INSTITUTE LLC
627 7TH ST NEWASHINGTONDC20002364793888$750,000$0CASHSUPPORT FOR EQUITY IMPACT ENTERPRISES
ERIC ALEXIS IRRIZARY LLC
908 ALLISON ST NWWASHINGTONDC20011851308838$26,945$0CASHCOVID-19 SMALL BUSINESS RELIEF
FieldValueIRS element (for citing)
Total501c3 Org0Total501c3OrgCnt
Total Other Org525TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDesc
SUPPORT FOR EQUITY IMPACT ENTERPRISES4$661,750$0CASH
COVID-19 SMALL BUSINESS RELIEF107$5,424,546$0CASH

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
OSWALDO ACOSTA
PRESIDENT AND CEO$263,340$0$52,500$0$0$0$0$0$0$0$315,840$0$0$0
RODRIGO CORDON
PORTFOLIO OPERATIONS DIREC$143,967$0$9,815$0$0$0$0$0$0$0$153,782$0$0$0
SHARON FEUER GRUBER
DIRECTOR PARTNERSHIP & DEV$104,419$0$0$0$0$0$0$0$0$0$104,419$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2BUSINESS RELATIONSHIP AT BROADWAY FINANCIAL CORPORATION - BRIAN ARGRETT,WILLIAM LONGBRAKE, DAVID MCGRADY, DR. HASSAN MINOR, CHUCK MUCKENFUSS. BUSINESS RELATIONSHIP AT CITY FIRST HOMES, INC. - BRIAN ARGRETT,WILLIAM LONGBRAKE, DAVID MCGRADY, DR. HASSAN MINOR, CHUCK MUCKENFUSS.
FORM 990, PART VI, SECTION B, LINE 11BMANAGEMENT REVIEWS RETURN. AUDIT COMMITTEE IS GIVEN A COPY OF RETURN TO REVIEW. AUDIT COMMITTEE SUBMITS COMMENTS TO MANAGEMENT. MANAGEMENT DISCUSSES RETURN WITH TAX PREPARER TO INCORPORATE ANY CHANGES; FINAL DRAFT PREPARED & DISCUSSED WITH AUDIT COMMITTEE. THE FINAL DRAFT, REFLECTING ANY NECESSARY CORRECTIONS, IS PROVIDED TO THE BOARD FOR REVIEW AND FINAL APPROVAL; THEN THE RETURN IS FILED BY THE PREPARER.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION MONITORS FOR CONFLICT OF INTEREST ISSUES THAT ARE REFERRED TO ITS LAWYERS AS NEEDED.
FORM 990, PART VI, SECTION B, LINE 15THE BOARD REVIEWS COMPARABLE PAY DATA, CONSIDERS QUALIFICATIONS OF THE CANDIDATE(S) AND FORMALIZES ITS COMPENSATION DECISIONS THROUGH A FORMAL BOARD OF DIRECTORS VOTE THAT IS RECORDED IN BOARD MINUTES.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PARI XII, LINE 2CCITY FIRST ENTERPRISES INC MAINTAINS AN AUDIT COMMITTEE THAT HAS THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT.
ADDITIONAL INFORMATIONCITY FIRST ENTERPRISES IS A NON-PROFIT BANK HOLDING COMPANY ENGAGED IN PROMOTING EQUITY AND OPPORTUNITY IN UNDERSERVED COMMUNITIES. THROUGH THE HOLDING COMPANY AND OUR CITY FIRST HOMES SUBSIDIARY WE PROVIDE CAPITAL THAT IS BROADER AND MORE FLEXIBLE THAN BANK LENDING TO SUPPORT HOUSING, SMALL BUSINESS AND COMMUNITY FACILITIES IN LOW AND MODERATE INCOME COMMUNITIES, AND WE OPERATE PROGRAMS DESIGNED TO PROMOTE AND SUSTAIN PERMANENTLY AFFORDABLE HOUSING. CITY FIRST ENTERPRISES ALSO OWNS A MINORITY STAKE AND CONTROLLING INTEREST IN CITY FIRST BANK, A FOR-PROFIT COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION CHARTERED BY THE OCC WHICH SHARES OUR MISSION. WORKING TOGETHER, THE CITY FIRST FAMILY OF COMPANIES STRIVE TO DELIVER CAPITAL AND SERVICES THAT CAN ENABLE DISADVANTAGED INDIVIDUALS, FAMILIES AND BUSINESSES ACROSS OUR MARKET AREA TO PROSPER.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1CITY FIRST HOMES INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 THOMAS CIRCLE NW SUITE 700AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd
FieldValueIRS element (for citing)
EIN262335395EIN
Primary ActivitiesTO PROMOTE COMMUNITY DEVELOPMENT BY PROVIDING AFFORDABLE HOUSING.PrimaryActivitiesTxt
Legal Domicile StateDCLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity Status509(A)(2)PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1CITY FIRST ENTERPRISES INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled Organization0ControlledOrganizationInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1BROADWAY FINANCIAL CORPORATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line15055 WILSHIRE BOULEVARD SUITE 500AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90036ZIPCd
FieldValueIRS element (for citing)
EIN954547287EIN
Primary ActivitiesBANK HOLDING COMPANY THAT CONDUCTS OPERATIONS THROUGH CITY FIRST BANKPrimaryActivitiesTxt
Legal Domicile StateDCLegalDomicileStateCd
Entity TypeCEntityTypeTxt
Ownership0.09010OwnershipPct
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1CITY FIRST HOMES INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeRTransactionTypeTxt
Involved$250,000InvolvedAmt
Method Of Amount DeterminationCASHMethodOfAmountDeterminationTxt

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