2023-11-14T12:21:07-06:00 2022-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2022-01-01 862813192 ONE PERCENT FOR AMERICA INC ONEP 6174278600 10 MALCOLM X BOULEVARD BOSTON MA 02119 LISA ZAPPALA CHIEF FINANCIAL OFFICER 6174278600 2023-11-13 1 LISA ZAPPALA XXX-XX-XXXX 0 MATTHEW MCGINNIS CPA P01585083 5083669100 2023-11-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LISA ZAPPALA 10 MALCOLM X BOULEVARD BOSTON MA 02119 3325 0 X WWW.BLUEHUBCAPITAL.ORG X 2021 MA BUILD AN INCLUSIVE FUTURE FOR AMERICA BY DRIVING DOWN THE COST OF FINANCING U.S. CITIZENSHIP FEES FOR MILLIONS OF NEW AMERICANS. 12 9 50 9 0 0 3000000 0 3110 3325 0 0 0 0 3003110 3325 0 0 0 0 425924 1021234 0 0 0 1405022 1140166 1830946 2161400 1172164 -2158075 1257206 390863 85042 1126774 1172164 -735911 BUILD AN INCLUSIVE FUTURE FOR AMERICA BY DRIVING DOWN THE COST OF FINANCING U.S. CITIZENSHIP FEES FOR MILLIONS OF NEW AMERICANS. 0 0 1911400 3325 BUILD AN INCLUSIVE FUTURE FOR AMERICA BY DRIVING DOWN THE COST OF FINANCING U.S. CITIZENSHIP FEES FOR MILLIONS OF NEW AMERICANS. 1911400 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 50 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 1 0 MA X E MATTHEW GAUTIERI CONTROLLER 6174278600 10 MALCOLM X BOULEVARD BOSTON MA 02119 REV JAMES WALSH CLERK OF THE BOARD (UNTIL 10/23) 1.00 4.00 X X 0 0 0 CHARLES CLARK CHAIRMAN OF THE BOARD (UNTIL 10/23) 1.00 4.00 X X 0 0 0 REESE FAYDE BOARD MEMBER (UNTIL 10/23) 1.00 4.00 X 0 0 0 ELYSE CHERRY CEO & EX-OFFIC. BOARD MEMBER 0.00 40.00 X X 0 798134 209792 DEWITT JONES EXECUTIVE VP & EX-OFFICIO 0.00 40.00 X X 0 352707 136548 MICHELLE VOLPE PRESIDENT, LOAN FUND (UNTIL 4/22) & EX-OFFICIO BOA 0.00 40.00 X X 0 126776 106440 LISA ZAPPALA CFO, TREASURER 0.00 40.00 X 0 307046 109828 E MATTHEW GAUTIERI SVP, CONTROLLER, CLERK (AS OF 10/23) 0.00 40.00 X 0 243816 55224 JAIME ESCOTT SVP, DIGITAL MARKETING, OPA 40.00 0.00 X 238710 0 15203 LUBNA ELIA CHIEF ADMINISTRATIVE OFFICER 0.00 40.00 X 0 231098 16968 KATHRYN MCHUGH SVP, COMMERCIAL LENDING 0.00 40.00 X 0 223889 39086 ANDREW KOH SVP, OPERATIONS 0.00 40.00 X 0 215611 64137 238710 2499077 753226 3 0 1 0 TESSELLATI LLC 10 FEDERAL STREET SUITE 210 SALEM MA 01970 MARKETING 161175 OOMPH INC 150 CHESTNUT STREET PROVIDENCE RI 02903 DIGITAL SERVICES CONSULTANTS 115729 BERLIN ROSEN LTD 14 MALDEN LANE SUITE 1600 NEW YORK NY 10038 ADVERTISING/DIGITIAL MARKETING 111760 3 DONATIONS AND INTEREST 531390 3325 3325 3325 3325 3325 0 0 818907 737303 81604 67095 59691 7404 80580 68394 12186 54652 49322 5330 59844 59844 13765 6500 7265 588648 588648 19495 7179 12316 303086 256445 46641 32579 32579 6331 5191 1140 12578 12578 MISCELLANEOUS EXPENSES 86130 55173 30957 LOAN LOSS RESERVE 17710 17710 2161400 1911400 250000 0 1238100 153594 2574 210803 16532 26466 1257206 390863 27500 5595 57542 1121179 85042 1126774 X 1172164 -735911 1172164 -735911 1257206 390863 X -2158075 250000 X X 0 1 X 1 0 X 3000000 3000000 3000000 3000000 2940000 60000 3000000 6435 X SCHEDULE A, PART III: THE ORGANIZATION BEGAN OPERATIONS ON MARCH 23, 2021, AND THEREFORE THE 2021 TAX RETURN WAS FILED AS A SHORT YEAR. 0 DUE TO AFFILIATES 1121179 1121179 X PART X, LINE 2: ONE PERCENT FOR AMERICA ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATED FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. ONE PERCENT FOR AMERICA HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS AT DECEMBER 31, 2022. ONE PERCENT FOR AMERICA DOES NOT EXPECT THAT THE AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL CHANGE SIGNIFICANTLY WITHIN THE NEXT TWELVE MONTHS. 0 1 0 0 0 0 0 0 0 ELYSE CHERRY CEO & EX-OFFIC. BOARD MEMBER 0 478134 0 320000 0 0 0 198300 0 11492 0 1007926 0 0 DEWITT JONES EXECUTIVE VP & EX-OFFICIO 0 292707 0 60000 0 0 0 108300 0 28248 0 489255 0 0 LISA ZAPPALA CFO, TREASURER 0 237046 0 70000 0 0 0 107130 0 2698 0 416874 0 0 E MATTHEW GAUTIERI SVP, CONTROLLER, CLERK (AS OF 10/23) 0 206966 0 36850 0 0 0 14220 0 41004 0 299040 0 0 ANDREW KOH SVP, OPERATIONS 0 184986 0 30625 0 0 0 12750 0 51387 0 279748 0 0 KATHRYN MCHUGH SVP, COMMERCIAL LENDING 0 187842 0 36047 0 0 0 8311 0 30775 0 262975 0 0 JAIME ESCOTT SVP, DIGITAL MARKETING, OPA 215260 0 23450 0 0 0 13740 0 1463 0 253913 0 0 0 LUBNA ELIA CHIEF ADMINISTRATIVE OFFICER 0 211098 0 20000 0 0 0 14340 0 2628 0 248066 0 0 MICHELLE VOLPE PRESIDENT, LOAN FUND (UNTIL 4/22) & 0 61776 0 65000 0 0 0 99713 0 6727 0 233216 0 0 PART I, LINE 3 THE CEO'S SALARY IS PAID BY RELATED ORGANIZATIONS. EVERY FEW YEARS, A SALARY SURVEY OF THE INDUSTRY IS PERFORMED TO ENSURE THAT THE ORGANIZATION'S SALARY EXPENSES ARE REASONABLE. THE EXECUTIVE COMMITTEE OF THE BOARD MEETS TO SET THE SALARY RANGES FOR ALL POSITIONS AND TO APPROVE THE CEO'S COMPENSATION FOR THE YEAR. THE EXECUTIVE COMMITTEE KEEPS MINUTES OF EACH MEETING. PART I, LINE 4B ELYSE CHERRY, CEO, 457F PLAN. DEWITT JONES, EXECUTIVE VP, 457F PLAN. MICHELLE VOLPE, SENIOR VP, 457F PLAN. LISA ZAPPALA, CFO, 457F PLAN. FORM 990, PART VI, SECTION B, LINE 11B THE CEO, CFO, CONTROLLER, AND FINANCE COMMITTEE REVIEW THE 990 BEFORE GOING TO THE BOARD FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C THE CONTROLLER REVIEWS THE ANNUAL SIGNED CONFLICT OF INTEREST POLICIES FOR ANY CONFLICTS TO BE DISCLOSED TO THE BOARD. IF CONFLICTS ARISE, THEY ARE ADDRESSED ACCORDINGLY. FORM 990, PART VI, SECTION B, LINE 15B EVERY FEW YEARS, A SALARY SURVEY OF THE INDUSTRY IS PERFORMED TO ENSURE THAT THE ORGANIZATION'S SALARY EXPENSES ARE REASONABLE. THE EXECUTIVE COMMITTEE OF THE BOARD MEETS TO SET THE SALARY RANGES FOR ALL POSITIONS. THE EXECUTIVE COMMITTEE KEEPS MINUTES OF EACH MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE CORPORATION'S WEBSITE. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: TRANSFER OF NET ASSETS WITHOUT DONOR RESTRICTIONS 250,000. FORM 990, PART XII, LINE 2C: THE CORPORATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF INDEPENDENT ACCOUNTANT. BLUEHUB CAPITAL INC 10 MALCOLM X BOULEVARD BOSTON MA 02119 043246555 HOLDING COMPANY FOR AFFILIATES THAT PROVIDE CAPITAL AND COMMUNITY LENDING. MA 501(C)(3) LINE 10 N/A 0 BCLF VENTURES INC 10 MALCOLM X BOULEVARD BOSTON MA 02119 043246552 COMMUNITY VENTURE CAPITAL MA 501(C)(3) LINE 10 BLUEHUB CAPITAL INC 0 BCLF MANAGED ASSETS CORP 10 MALCOLM X BOULEVARD BOSTON MA 02119 043246547 DEVELOPS NEW BUSINESS INITIATIVES AND FUNDING VEHICLES FOR LOW INCOME MA 501(C)(3) PF BLUEHUB CAPITAL INC 0 BLUEHUB LOAN FUND INC 10 MALCOLM X BOULEVARD BOSTON MA 02119 222593378 COMMUNITY LENDING MA 501(C)(3) LINE 10 BLUEHUB CAPITAL INC 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0