RAZA DEVELOPMENT FUND INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
RAZA DEVELOPMENT FUND INC (EIN 52-1954196)
Tax period
2021-10-01 to 2022-09-30
Filed
2023-08-14
IRS object ID
202342269349301954
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-08-14T14:27:57-05:00ReturnTs
Tax Period End2022-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN420714325PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RSM US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1100 INTERNATIONAL DRIVE SUITE 1400AddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP21202ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN521954196EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RAZA DEVELOPMENT FUND INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRAZABusinessNameControlTxt
Phone6024171400PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1410 E SOUTHERN AVEAddressLine1Txt
CityPHOENIXCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85040ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARY ANN DONOVANPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone6024171400PhoneNum
Signature2023-08-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMARYPersonFirstNm
Person LastANN DONOVANPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJULIA FLANNERY CPAPreparerPersonNm
PTINP00928918PTIN
Phone4102469300PhoneNum
Preparation2023-08-10PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMARY ANN DONOVANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1410 E SOUTHERN AVEAddressLine1Txt
CityPHOENIXCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85040ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$48,137,884GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.RAZAFUND.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1996FormationYr
Legal Domicile StateAZLegalDomicileStateCd
Activity Or MissionRAZA DEVELOPMENT FUND'S MISSION IS TO CREATE FINANCING SOLUTIONS THAT INCREASE OPPORTUNITIES FOR THE LATINO COMMUNITY AND LOW-INCOME FAMILIES IN THE AREAS OF AFFORDABLE HOUSING, EDUCATION AND HEALTH CARE. RDF TRULY INVESTS IN THE DREAMS AND HOPES OF UNIDOSUS AFFILIATES AND OTHER NOT-FOR-PROFIT SOCIAL SERVICE ORGANIZATIONS BUILDING UP THEIR COMMUNITIES, AND THEREBY TOUCHING THE LIVES OF THOUSANDS OF FAMILIES.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee48TotalEmployeeCnt
Total Volunteers9TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$7,248,377PYContributionsGrantsAmt
CY Contributions Grants$29,486,500CYContributionsGrantsAmt
PY Program Service Revenue$15,288,769PYProgramServiceRevenueAmt
CY Program Service Revenue$18,238,050CYProgramServiceRevenueAmt
PY Investment Income$185,848PYInvestmentIncomeAmt
CY Investment Income$279,354CYInvestmentIncomeAmt
PY Other Revenue$506,159PYOtherRevenueAmt
CY Other Revenue$133,980CYOtherRevenueAmt
PY Total Revenue$23,229,153PYTotalRevenueAmt
CY Total Revenue$48,137,884CYTotalRevenueAmt
PY Grants And Similar Paid$668,900PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$3,739,977CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$5,538,951PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$7,620,915CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$148,391CYTotalFundraisingExpenseAmt
PY Other Expenses$10,493,347PYOtherExpensesAmt
CY Other Expenses$13,234,652CYOtherExpensesAmt
PY Total Expenses$16,701,198PYTotalExpensesAmt
CY Total Expenses$24,595,544CYTotalExpensesAmt
PY Revenues Less Expenses$6,527,955PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$23,542,340CYRevenuesLessExpensesAmt
Total Assets BOY$287,338,176TotalAssetsBOYAmt
Total Assets EOY$296,838,353TotalAssetsEOYAmt
Total Liabilities BOY$208,641,212TotalLiabilitiesBOYAmt
Total Liabilities EOY$194,599,049TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$78,696,964NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$102,239,304NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionRAZA DEVELOPMENT FUND'S MISSION IS TO CREATE FINANCING SOLUTIONS THAT INCREASE OPPORTUNITIES FOR THE LATINO COMMUNITY AND LOW-INCOME FAMILIES IN THE AREAS OF AFFORDABLE HOUSING, EDUCATION AND HEALTH CARE. RDF TRULY INVESTS IN THE DREAMS AND HOPES OF UNIDOSUS AFFILIATES AND OTHER NOT-FOR-PROFIT SOCIAL SERVICE ORGANIZATIONS BUILDING UP THEIR COMMUNITIES, AND THEREBY TOUCHING THE LIVES OF THOUSANDS OF FAMILIES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$20,357,179ExpenseAmt
Grant$3,739,977GrantAmt
Revenue$18,238,050RevenueAmt
DescLOAN FUND PROGRAMS: LENDING PROGRAMS TO ASSIST HISPANIC AGENCIES AS WELL AS OTHER AGENCIES SERVING LOW INCOME COMMUNITIES BY INCREASING ACCESS TO CAPITAL, STRENGTHENING AFFILIATE RELATIONS AND PROMOTE ECONOMIC AND FINANCIAL LITERACY AT THE AGENCY LEVEL. LOANS APPROVED 89.Desc
Total Program Service Expenses$20,357,179TotalProgramServiceExpensesAmt
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 EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
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 EntityYes (1)DisregardedEntityInd
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 Document65IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee48EmployeeCnt
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
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
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 Members11GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
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 Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldAZStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ANTONIO LOPEZBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6024171414PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1410 E SOUTHERN AVEAddressLine1Txt
CityPHOENIXCityNm
State AbbreviationAZStateAbbreviationCd
ZIP85040ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtHighest Compensated EmployeeHighestCompensatedEmployeeInd
TOM ESPINOZA
PRESIDENT/CEO40.00Yes (X)Yes (X)$508,291$0$43,677
MARY ANN DONOVAN
PRESIDENT/CEO (BEG 8/1/22)40.00Yes (X)Yes (X)$0$0$0
DANIEL ORTEGA
BOARD CHAIR1.00Yes (X)Yes (X)$0$0$0
BRENDA LOYA
VICE CHAIRPERSON1.00Yes (X)Yes (X)$0$0$0
JOSEPH F REILLY
SECRETARY1.00Yes (X)Yes (X)$0$0$0
AARON DOMINGUEZ
BOARD MEMBER1.00Yes (X)$0$0$0
JAMES W FEILD
BOARD MEMBER1.00Yes (X)$0$0$0
DONNA GAMBRELL
BOARD MEMBER1.00Yes (X)$0$0$0
LUIS GRANADOS
BOARD MEMBER1.00Yes (X)$0$0$0
JANET MURGUIA
BOARD MEMBER1.00Yes (X)$0$615,995$52,84641.00
ART RUIZ
BOARD MEMBER1.00Yes (X)$0$0$0
KENNETH I TRUJILLO
BOARD MEMBER1.00Yes (X)$0$0$0
RODRIGO VELA
CHIEF FINANCIAL OFFICER40.00Yes (X)$294,322$0$54,696
MELISSA MCDONALD
CHIEF OPERATING OFFICER40.00Yes (X)$282,920$0$42,096
DAVID CLOWER
CHIEF INVESTMENT OFFICER40.00Yes (X)$278,961$0$53,459
SCOTT RICHTER
CHIEF CREDIT OFFICER40.00Yes (X)$174,740$0$33,143
MARK VAN BRUNT
EXECUTIVE VP (THRU 4/30/22)40.00Yes (X)$140,625$0$41,317
ANTONIO LOPEZ
DEPUTY CFO40.00$165,888$0$44,243Yes (X)
JUAN MADRID
CONTROLLER40.00$165,252$0$44,197Yes (X)
ADRIAN RUIZ
DEPUTY CHIEF INVESTMENT OFFICER40.00$159,686$0$43,743Yes (X)
CATHERINE KES
DIRECTOR - SPECIALTY FINANCE40.00$132,694$0$30,812Yes (X)
BRIAN CHAMPEAU
DIRECTOR - EAST COAST REGION40.00$131,535$0$41,289Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,434,914TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$615,995TotReportableCompRltdOrgAmt
Total Other Compensation$525,518TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K20IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
UNITED FUND ADVISORS
1455 NW IRVING STREETSUITE 590PORTLANDOR97209NMTC ADVISORY SERVICES$686,250
VERACRUZ ADVISORY LLC
122 24TH STREET WEST 1ABRADENTONFL34205COMMUNITY LEADERSHIP SERVICES$370,216
NOVOGRADAC & COMPANY LLP
PO BOX 7833SAN FRANCISCOCA94120AUDIT FEES$281,000
BERGMAN & ALLDERDICE
1200 WILSHIRE BLVDSTE 610LOS ANGELESCA90017LEGAL FEES$203,376
BRE ICONIC HOLDCO LLC
233 S WACKER DRIVE STE 4700CHICAGOIL60606EMPLOYEE DEVELOPMENT$153,506
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K7CntrctRcvdGreaterThan100KCnt
Government Grants$18,750,000GovernmentGrantsAmt
All Other Contributions$10,736,500AllOtherContributionsAmt
Total Contributions$29,486,500TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
LOAN INTEREST INCOME900099$12,751,755$12,751,755
NMTC/LOAN FEES900099$4,060,048$4,060,048
ORIGINATION FEES900099$1,426,247$1,426,247
FieldValueIRS element (for citing)
Total Program Service Revenue$18,238,050TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$279,354TotalRevenueColumnAmt
Exclusion$279,354ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$133,980TotalRevenueColumnAmt
Exclusion$133,980ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$133,980OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$48,137,884TotalRevenueColumnAmt
Related Or Exempt Func Income$18,238,050RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$413,334ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$3,717,000TotalAmt
Program Services$3,717,000ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$22,977TotalAmt
Program Services$22,977ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,696,950TotalAmt
Program Services$1,710,376ProgramServicesAmt
Management And General$956,421ManagementAndGeneralAmt
Fundraising$30,153FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,257,000TotalAmt
Program Services$2,044,429ProgramServicesAmt
Management And General$1,175,252ManagementAndGeneralAmt
Fundraising$37,319FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$253,225TotalAmt
Program Services$174,788ProgramServicesAmt
Management And General$76,213ManagementAndGeneralAmt
Fundraising$2,224FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,049,784TotalAmt
Program Services$724,612ProgramServicesAmt
Management And General$315,953ManagementAndGeneralAmt
Fundraising$9,219FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$363,956TotalAmt
Program Services$251,220ProgramServicesAmt
Management And General$109,540ManagementAndGeneralAmt
Fundraising$3,196FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$99,897TotalAmt
Program Services$99,897ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$131,921TotalAmt
Management And General$131,921ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$3,616,826TotalAmt
Program Services$3,408,255ProgramServicesAmt
Management And General$200,158ManagementAndGeneralAmt
Fundraising$8,413FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$452,571TotalAmt
Management And General$452,571ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$203,431TotalAmt
Program Services$137,683ProgramServicesAmt
Management And General$54,304ManagementAndGeneralAmt
Fundraising$11,444FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$80,628TotalAmt
Program Services$44,642ProgramServicesAmt
Management And General$31,407ManagementAndGeneralAmt
Fundraising$4,579FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$177,055TotalAmt
Program Services$140,422ProgramServicesAmt
Management And General$31,476ManagementAndGeneralAmt
Fundraising$5,157FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$632,903TotalAmt
Program Services$356,912ProgramServicesAmt
Management And General$253,221ManagementAndGeneralAmt
Fundraising$22,770FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$11,081TotalAmt
Program Services$6,700ProgramServicesAmt
Management And General$4,321ManagementAndGeneralAmt
Fundraising$60FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$5,933,696TotalAmt
Program Services$5,933,696ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$120,975TotalAmt
Program Services$120,975ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$116,586TotalAmt
Program Services$83,697ProgramServicesAmt
Management And General$27,309ManagementAndGeneralAmt
Fundraising$5,580FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PROVISION FOR LOAN LOSS$1,007,631$1,007,631
SERVICE CHARGES$193,551$138,946$51,694$2,911
OREO EXPENSES$189,981$189,981
MEMBERSHIPS & SUBSCRIPT$151,669$42,340$103,963$5,366

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$114,250TotalAmt
Management And General$114,250ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$24,595,544TotalAmt
Program Services$20,357,179ProgramServicesAmt
Management And General$4,089,974ManagementAndGeneralAmt
Fundraising$148,391FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$15,295,787BOYAmt
EOY$15,991,387EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$40,062,877BOYAmt
EOY$20,873,414EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,096,257BOYAmt
EOY$6,849,251EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$226,917,528BOYAmt
EOY$219,601,546EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$14,258BOYAmt
EOY$81,894EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,547,553LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$111,278LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,894,321BOYAmt
EOY$2,436,275EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
EOY$30,261,982EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$739,868BOYAmt
EOY$742,604EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,317,280BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$287,338,176BOYAmt
EOY$296,838,353EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,881,004BOYAmt
EOY$3,395,597EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$75,361,763BOYAmt
EOY$73,330,235EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$129,880,081BOYAmt
EOY$117,353,001EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$518,364BOYAmt
EOY$520,216EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$208,641,212BOYAmt
EOY$194,599,049EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$51,924,924BOYAmt
EOY$54,658,835EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$26,772,040BOYAmt
EOY$47,580,469EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$78,696,964BOYAmt
EOY$102,239,304EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$287,338,176BOYAmt
EOY$296,838,353EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$23,542,340ReconcilationRevenueExpnssAmt
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)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
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)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1UNIDOSUSBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN860212873EIN
Organization Type7OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$20,357,179SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$20,357,179SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (1)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt Org0OperateBenefitNonSuprtOrgInd

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

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$217,000OtherCostOrOtherBasisAmt
Book Value$217,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,936,521OtherCostOrOtherBasisAmt
Depreciation$92,464DepreciationAmt
Book Value$1,844,057BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$38,696OtherCostOrOtherBasisAmt
Depreciation$1,848DepreciationAmt
Book Value$36,848BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$355,336OtherCostOrOtherBasisAmt
Depreciation$16,966DepreciationAmt
Book Value$338,370BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,436,275TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescBORROWER DEPOSITSDesc
Amt$520,216Amt
FieldValueIRS element (for citing)
Total Liability$520,216TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$41,196,557TotalRevEtcAuditedFinclStmtAmt
Other Revenue-$6,941,327OtherRevenueAmt
Revenue Not Reported-$6,941,327RevenueNotReportedAmt
Revenue Subtotal$48,137,884RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$48,137,884TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$17,654,217TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$17,654,217ExpensesSubtotalAmt
Other Expenses Not Included$6,941,327OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$6,941,327ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$24,595,544TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:RDF IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, RDF QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. INCOME WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. MANAGEMENT EVALUATED RDF'S TAX POSITIONS AND CONCLUDED THAT RDF HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. CONSEQUENTLY, NO ACCRUAL FOR INTEREST AND PENALTIES WAS DEEMED NECESSARY FOR THE YEARS ENDED SEPTEMBER 30, 2022 AND 2021. RDF FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. RDF IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR THE YEARS BEFORE 2019.
PART XI, LINE 2D - OTHER ADJUSTMENTS:INTEREST EXPENSE -5,933,696. LOAN LOSS RESERVE -1,007,631.
PART XII, LINE 4B - OTHER ADJUSTMENTS:INTEREST EXPENSE 5,933,696. LOAN LOSS RESERVE 1,007,631.

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (26 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
ACADEMY OF THE CITY
3129 60TH STWOODSIDENY11377274466971501(C)(3)$10,000$0COMMUNITY SUPPORT
AMBER CHARTER SCHOOL
3120 CORLEAR AVENUEBRONXNY10463134119814501(C)(3)$30,000$0COMMUNITY SUPPORT
ARIZONA STATE UNIVERSITY
PO BOX 870412TEMPEAZ85287860196696501(C)(3)$10,000$0COMMUNITY DEVELOPMENT
BRILLA COLLEGE PREPARATORY CHARTER SCHOOL
413 E 144TH STREETBRONXNY10454813081969501(C)(3)$30,000$0COMMUNITY SUPPORT
CANAL ALLIANCE
91 LARKSPUR STSAN RAFAELCA94901942832648501(C)(3)$250,000$0COMMUNITY DEVELOPMENT
CASA FAMILIAR
119 WEST HALL AVESAN YSIDROCA92173237237898501(C)(3)$500,000$0COMMUNITY DEVELOPMENT
CATHOLIC ASSOCIATION OF LATINO LEADERS
3424 WILSHIRE BLVD4TH FLOORLOS ANGELESCA90010261135065501(C)(3)$100,000$0COMMUNITY DEVELOPMENT
CATHOLIC CHARITIES OF THE RIO GRANDE VALLEY INC
700 N VIRGEN DE SAN JUAN BLVDSAN JUANTX78589680599307501(C)(3)$25,000$0COMMUNITY DEVELOPMENT
COMITE DE BIEN ESTAR INC
PO BOX 7170SAN LUISAZ85349860427342501(C)(3)$500,000$0COMMUNITY DEVELOPMENT
ESPIRITU COMMUNITY DEVELOPMENT CORPORATION
4848 SOUTH 2ND STREETPHOENIXAZ85040860778361501(C)(3)$10,000$0COMMUNITY DEVELOPMENT
GRAND CANYON UNIVERSITY
3300 W CAMELBACK RDPHOENIXAZ85017472507725501(C)(3)$10,000$0COMMUNITY DEVELOPMENT
GREATER PHOENIX LEADERSHIP INC
400 E VAN BUREN SUITE 555PHOENIXAZ85004860559918$20,000$0COMMUNITY DEVELOPMENT
LEEP DUAL LANGUAGE ACADEMY CHARTER SCHOOL
5323 5TH AVENUEBROOKLYNNY11220832724612501(C)(3)$20,000$0COMMUNITY SUPPORT
LOLA'S TACOS LLC
11624 W LONGLEY LANEYOUNGTOWNAZ85363841897980$10,000$0COMMUNITY DEVELOPMENT
MARY'S MINISTRIES INC
5025 S CENTRAL AVEPHOENIXAZ85040860721211501(C)(3)$10,000$0COMMUNITY DEVELOPMENT
MARYVALE PREPARATORY ACADEMY
4825 W CAMELBACK RDPHOENIXAZ85031273289377501(C)(3)$10,000$0COMMUNITY DEVELOPMENT
MATH ENGINEERING AND SCIENCE ACADEMY CHARTER HIGH SCHOOL
231 PALMETTO STREET 3BROOKLYNNY11221320395324501(C)(3)$25,000$0COMMUNITY SUPPORT
METROPOLITAN AREA ADVISORY COMMITTEE ON ANTI-PROVERTY IN SAN DIEGO COUNTY
1355 3RD AVECHULA VISTACA91911952457354501(C)(3)$500,000$0COMMUNITY DEVELOPMENT
MEXICAN AMERICAN CULTURAL INSTITUTE
3336 FILLMORE AVENUEEL PASOTX79930812634802501(C)(3)$15,000$0COMMUNITY DEVELOPMENT
OPA-LOCKA COMMUNITY DEVELOPMENT CORPORATION INC
490 OPA-LOCKA BLVD 20OPALOCKAFL33054592106635501(C)(3)$500,000$0COMMUNITY DEVELOPMENT
OUR LADY OF PERPETUAL HELP GLENDALE
5614 W ORANGEWOOD AVEGLENDALEAZ85301620481467501(C)(3)$25,000$0COMMUNITY DEVELOPMENT
PROMISE ARIZONA
6437 S CENTRAL AVEPHOENIXAZ85042452081460501(C)(3)$20,000$0COMMUNITY DEVELOPMENT
SPANISH SPEAKING UNITY COUNCIL OF ALAMEDA COUNTY INC
1900 FRUITVALE AVE STE 2AOAKLANDCA94601941670490501(C)(3)$500,000$0COMMUNITY DEVELOPMENT
THE SAGRADO
6437 SOUTH CENTRAL AVEPHOENIXAZ85042832994971501(C)(3)$25,000$0COMMUNITY DEVELOPMENT
VISIONARY HOME BUILDERS OF CALIFORNIA INC
315 N SAN JOAQUIN ST2ND FLOORSTOCKTONCA95202680062062501(C)(3)$500,000$0COMMUNITY DEVELOPMENT
VOCES UNIDAS POR LA VIDA
1019 E NORTHVIEW AVEPHOENIXAZ85020471883632501(C)(3)$20,000$0COMMUNITY DEVELOPMENT
FieldValueIRS element (for citing)
Total501c3 Org24Total501c3OrgCnt
Total Other Org2TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeTUITION SCHOLARSHIPSGrantTypeTxt
Recipient2RecipientCnt
Cash Grant$22,977CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationRDF HAS A GRANT CONTRACT WITH ITS GRANTEES, WHICH ENCOMPASS THE VARIOUS PROJECT STAGES. THE CAPITAL IS ALLOCATED TO THIRD PARTY CONSULTANTS THAT PROVIDE THE TECHNICAL ASSISTANCE AND DEVELOPMENT PRACTICES FOR THE IMPLEMENTATION IN THE PROJECT. GRANTS UNDER COVID 19 HOPE FUND WERE PROVIDED AS COMMUNITY SUPPORT IN TIMES OF EMERGENCY ASSISTANCE TO RECIPIENTS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
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 PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 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
JANET MURGUIA
BOARD MEMBER$0$539,128$0$60,000$0$16,867$0$39,800$0$13,046$0$668,841$0$0
TOM ESPINOZA
PRESIDENT/CEO$463,347$0$40,000$0$4,944$0$23,200$0$20,477$0$551,968$0$0$0
RODRIGO VELA
CHIEF FINANCIAL OFFICER$267,292$0$26,400$0$630$0$23,200$0$31,496$0$349,018$0$0$0
DAVID CLOWER
CHIEF INVESTMENT OFFICER$247,469$0$30,940$0$552$0$22,377$0$31,082$0$332,420$0$0$0
MELISSA MCDONALD
CHIEF OPERATING OFFICER$252,488$0$29,400$0$1,032$0$22,619$0$19,477$0$325,016$0$0$0
ANTONIO LOPEZ
DEPUTY CFO$147,469$0$18,000$0$419$0$13,341$0$30,902$0$210,131$0$0$0
JUAN MADRID
CONTROLLER$148,392$0$16,500$0$360$0$13,295$0$30,902$0$209,449$0$0$0
SCOTT RICHTER
CHIEF CREDIT OFFICER$161,708$0$12,480$0$552$0$13,995$0$19,148$0$207,883$0$0$0
ADRIAN RUIZ
DEPUTY CHIEF INVESTMENT OFFICER$140,623$0$18,850$0$213$0$12,862$0$30,881$0$203,429$0$0$0
MARK VAN BRUNT
EXECUTIVE VP (THRU 4/30/22)$121,182$0$14,645$0$4,798$0$10,935$0$30,382$0$181,942$0$0$0
BRIAN CHAMPEAU
DIRECTOR - EAST COAST REGION$119,717$0$10,764$0$1,054$0$10,542$0$30,747$0$172,824$0$0$0
CATHERINE KES
DIRECTOR - SPECIALTY FINANCE$117,102$0$14,400$0$1,192$0$10,669$0$20,143$0$163,506$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 7FormAndLineReferenceDesc
ExplanationALL EMPLOYEES ARE ELIGIBLE FOR A DISCRETIONARY BONUS AT THE END OF THE YEAR.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE ORGANIZATION'S FORM 990 UNDERGOES A NUMBER OF INTERNAL AND EXTERNAL REVIEWS BEFORE IT IS FILED WITH THE IRS. THE RETURN IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM, AND IS REVIEWED BY THE ORGANIZATION'S CHIEF FINANCIAL OFFICER. A FINAL DRAFT OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT BEFORE IT IS FILED WITH THE IRS. ANY QUESTIONS OR ISSUES ARE ADDRESSED AND RESOLVED WITH THE CHIEF FINANCIAL OFFICER.
FORM 990, PART VI, SECTION B, LINE 12CTHE POLICY IS DESIGNED TO HELP DIRECTORS, OFFICERS AND EMPLOYEES OF THE CORPORATION IDENTIFY SITUATIONS THAT PRESENT POTENTIAL CONFLICTS OF INTEREST AND PROVIDE THEM WITH PROCEDURES WHICH, IF FOLLOWED, WILL HELP ASSURE THAT THE CORPORATION ENTERS INTO A FINANCIAL TRANSACTION AND ARRANGEMENTS THAT ARE IN ITS INTERESTS, VALID AND BINDING. ANY INTERESTED PARTY WITH A POTENTIAL CONFLICT OF INTEREST SHALL DISCLOSE ITS CONFLICT TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS, WHICH THEN DELIBERATES IN THE ABSENCE OF THE INTERESTED PARTY THE EXISTENCE OR ABSENCE OF CONFLICT. AFTER MAKING SUCH DETERMINATION BY VOTE, THE COMMITTEE COMMUNICATES ITS CONCLUSION TO THE CORRESPONDING AUTHORITY THAT HAS APPROVALS TO ENTER INTO SUCH FINANCIAL TRANSACTION, AND THEN A VOTE BY THAT AUTHORITY ON WHETHER THE CORPORATION SHOULD ENTER OR NOT ENTER SUCH A FINANCIAL TRANSACTION TAKES PLACE WITHOUT THE INPUT OF THE INTERESTED PARTY IF A CONFLICT DEEMED TO EXIST.
FORM 990, PART VI, SECTION B, LINE 15ATHE PERSONNEL COMMITTEE IS CHARGED WITH THE PERFORMANCE REVIEW OF THE PRESIDENT & CEO. THE REVIEW IS BASED ON THE ANNUAL OPERATING GOALS ESTABLISHED FOR THE ORGANIZATION, THESE INCLUDE PRODUCTIONS, FINANCIAL, FUND RAISING AND OPERATION GOALS. BASED ON THE OVERALL PERFORMANCE THE COMMITTEE RECOMMENDS A SALARY MODIFICATION AND BONUS, THAT IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAINTAINS AN UPDATED COPY OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC REVIEW FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D).
FORM 990, PART IX, LINE 11GCONSULTING FEES: PROGRAM SERVICE EXPENSES 3,321,429. MANAGEMENT AND GENERAL EXPENSES 172,517. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,493,946. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 86,826. MANAGEMENT AND GENERAL EXPENSES 27,641. FUNDRAISING EXPENSES 8,413. TOTAL EXPENSES 122,880.
FORM 990, PART XII, LINE 2C:THERE HAVE BEEN NO CHANGES DURING THE YEAR IN THE PROCESS.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
RAZA COMMUNITY VENTURES LLC (RCV)
410 E SOUTHERN AVEPHOENIXAZ85040521954196HOLDING ASSETS FOR COMMUNITY DEVELOPMENTAZ$18,400$2,168,513RAZA DEVELOPMENT FUND INC
RDF FUND MANAGER LLC (RDFFM)
410 E SOUTHERN AVEPHOENIXAZ85040453280259MANAGE BUSINESS AND CARRY-OUT THE PURPOSE OF THE INVESTMENT FUNDAZ$0$0RAZA DEVELOPMENT FUND INC
1200 NORTH PARK STREET PARTNERS LLC
1 E WASHINGTON STREET STE 2250PHOENIXAZ85004521954196OWN AND LEASE REAL PROPERTY FOR COMMUNITY DEVELOPMENTMN$0$0RAZA COMMUNITY VENTURES LLC

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationIndBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
UNIDOSUS
1126 16TH STREET NWWASHINGTONDC20036860212873WORKS TO IMPROVE OPPORTUNITIES FOR HISPANIC AMERICANSAZ501(C)(3)LINE 7N/A0
STRATEGIC INVESTMENT FUND FOR LA RAZA INC
1126 16TH STREET NWWASHINGTONDC20036522268398SUPPORT THE CHARITABLE AND EDUCATIONAL ACTIVITIES OF UNIDOSUSDE501(C)(3)LINE 12A, I0UNIDOSUS

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (31 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtPredominant Income TypePredominantIncomeTypeTxtDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerIndOwnershipOwnershipPctShare Of EOY AssetsShareOfEOYAssetsAmtShare Of Total IncomeShareOfTotalIncomeAmt
PARTNERSHIPS OF HOPE VIII LLC
410 E SOUTHERN AVEPHOENIXAZ85040452500256COMMUNITY DEVELOPMENTDERAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010
PARTNERSHIPS OF HOPE IX LLC
410 E SOUTHERN AVEPHOENIXAZ85040452500321COMMUNITY DEVELOPMENTDERAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010$678
PARTNERSHIPS OF HOPE X LLC
410 E SOUTHERN AVEPHOENIXAZ85040452500384COMMUNITY DEVELOPMENTDERAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010$29
PARTNERSHIPS OF HOPE XI LLC
410 E SOUTHERN AVEPHOENIXAZ85040464982815COMMUNITY DEVELOPMENTMORAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010
PARTNERSHIPS OF HOPE XII LLC
410 E SOUTHERN AVEPHOENIXAZ85040464994475COMMUNITY DEVELOPMENTMORAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010$9,394$12
PARTNERSHIPS OF HOPE XIII LLC
410 E SOUTHERN AVEPHOENIXAZ85040465008076COMMUNITY DEVELOPMENTMORAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010$3,654$3
PARTNERSHIPS OF HOPE XIV LLC
410 E SOUTHERN AVEPHOENIXAZ85040465020812COMMUNITY DEVELOPMENTMORAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010$790$3
PARTNERSHIPS OF HOPE XVI LLC
410 E SOUTHERN AVEPHOENIXAZ85040474059147COMMUNITY DEVELOPMENTMORAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010$1,481$18
PARTNERSHIPS OF HOPE XVII LLC
410 E SOUTHERN AVEPHOENIXAZ85040474072914COMMUNITY DEVELOPMENTMORAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010
PARTNERSHIPS OF HOPE XVIII LLC
410 E SOUTHERN AVEPHOENIXAZ85040474082772COMMUNITY DEVELOPMENTMORAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010
PARTNERSHIPS OF HOPE XIX LLC
410 E SOUTHERN AVEPHOENIXAZ85040474096349COMMUNITY DEVELOPMENTMORAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010$693$4
PARTNERSHIPS OF HOPE XX LLC
410 E SOUTHERN AVEPHOENIXAZ85040474111111COMMUNITY DEVELOPMENTMORAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010
PARTNERSHIPS OF HOPE XXI LLC
410 E SOUTHERN AVEPHOENIXAZ85040824256474COMMUNITY DEVELOPMENTMORAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010
PARTNERSHIPS OF HOPE XXII LLC
410 E SOUTHERN AVEPHOENIXAZ85040824266478COMMUNITY DEVELOPMENTMORAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010$756$12
PARTNERSHIPS OF HOPE XV LLC
410 E SOUTHERN AVEPHOENIXAZ85040465044339COMMUNITY DEVELOPMENTMORAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010
PARTNERSHIPS OF HOPE XXIII LLC
410 E SOUTHERN AVEPHOENIXAZ85040824284967COMMUNITY DEVELOPMENTMORAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010$5,855$2
PARTNERSHIPS OF HOPE XXIV LLC
410 E SOUTHERN AVEPHOENIXAZ85040824301496COMMUNITY DEVELOPMENTMORAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010
PARTNERSHIPS OF HOPE XXV LLC
410 E SOUTHERN AVEPHOENIXAZ85040824320628COMMUNITY DEVELOPMENTMORAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010$795$4
PARTNERSHIPS OF HOPE XXVI LLC
410 E SOUTHERN AVEPHOENIXAZ85040824337795COMMUNITY DEVELOPMENTMORAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010$693$2
PARTNERSHIPS OF HOPE XXVIII LLC
410 E SOUTHERN AVEPHOENIXAZ85040824375410COMMUNITY DEVELOPMENTMORAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010$13,466$3
PARTNERSHIPS OF HOPE XXX LLC
410 E SOUTHERN AVEPHOENIXAZ85040824412496COMMUNITY DEVELOPMENTMORAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010$1,093$5
PARTNERSHIPS OF HOPE XXVII LLC
410 E SOUTHERN AVEPHOENIXAZ85040824356038COMMUNITY DEVELOPMENTMORAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010$21,813$14
PARTNERSHIPS OF HOPE XXIX LLC
410 E SOUTHERN AVEPHOENIXAZ85040824398522COMMUNITY DEVELOPMENTMORAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010$844$2
PARTNERSHIPS OF HOPE 31 LLC
410 E SOUTHERN AVEPHOENIXAZ85040832223987COMMUNITY DEVELOPMENTMORAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010$704$3
PARTNERSHIPS OF HOPE 32 LLC
410 E SOUTHERN AVEPHOENIXAZ85040832230558COMMUNITY DEVELOPMENTMORAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010$496$2
PARTNERSHIPS OF HOPE 33 LLC
410 E SOUTHERN AVEPHOENIXAZ85040832246103COMMUNITY DEVELOPMENTMORAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010$3,426$3
PARTNERSHIPS OF HOPE 34 LLC
410 E SOUTHERN AVEPHOENIXAZ85040832260274COMMUNITY DEVELOPMENTMORAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010$2,000$1
PARTNERSHIPS OF HOPE 35 LLC
410 E SOUTHERN AVEPHOENIXAZ85040832273662COMMUNITY DEVELOPMENTMORAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010$1,050
PARTNERSHIPS OF HOPE 36 LLC
410 E SOUTHERN AVEPHOENIXAZ85040832291853COMMUNITY DEVELOPMENTMORAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010
PARTNERSHIPS OF HOPE 37 LLC
410 E SOUTHERN AVEPHOENIXAZ85040832307845COMMUNITY DEVELOPMENTMORAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010$2,700
PARTNERSHIPS OF HOPE 38 LLC
410 E SOUTHERN AVEPHOENIXAZ85040832324080COMMUNITY DEVELOPMENTMORAZA DEVELOPMENT FUNDRELATED0Yes (1)0.00010
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 OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (5 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
PARTNERSHIPS OF HOPE XXVII LLC
L$66,786ACCRUAL
PARTNERSHIPS OF HOPE XXVIII LLC
L$51,786ACCRUAL
PARTNERSHIPS OF HOPE XVI LLC
L$64,500ACCRUAL
PARTNERSHIPS OF HOPE 34 LLC
L$75,595ACCRUAL
PARTNERSHIPS OF HOPE 37 LLC
L$50,536ACCRUAL

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