360 COMMUNITY CAPITAL: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
360 COMMUNITY CAPITAL (EIN 88-2294375)
Tax period
2022-05-12 to 2022-12-31
Filed
2023-11-01
IRS object ID
202323059349302717
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)
Return2023-11-01T15:29:44-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

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 Begin2022-05-12TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN882294375EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1360 COMMUNITY CAPITALBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name Control360CBusinessNameControlTxt
Phone2026242000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1101 CONSTITUTION AVE NW 700AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20001ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSCOTT DIXONPersonNm
Person TitleTREASURERPersonTitleTxt
Phone2026242000PhoneNum
Signature2023-11-01SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSCOTTPersonFirstNm
Person LastDIXONPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJULIA FLANNERYPreparerPersonNm
PTINP00928918PTIN
Phone4102469300PhoneNum
Preparation2023-11-01PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
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)
Initial ReturnYes (X)InitialReturnInd
Principal OfficerSUSAN NEELYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1101 CONSTITUTION AVE NW 700AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20001ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,500,000GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.360COMMUNITYCAPITAL.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2022FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionTO INCREASE IMPACT INVESTMENTS BY THE LIFE INSURANCE INDUSTRY INTO LOW-INCOME COMMUNITIES TO ADVANCE RACIAL AND ECONOMIC EQUITY.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers4TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
CY Contributions Grants$2,500,000CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
CY Total Revenue$2,500,000CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
CY Other Expenses$424,463CYOtherExpensesAmt
CY Total Expenses$424,463CYTotalExpensesAmt
CY Revenues Less Expenses$2,075,537CYRevenuesLessExpensesAmt
Total Assets EOY$2,121,370TotalAssetsEOYAmt
Total Liabilities EOY$45,833TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances EOY$2,075,537NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO INCREASE IMPACT INVESTMENTS BY THE LIFE INSURANCE INDUSTRY INTO LOW-INCOME COMMUNITIES TO ADVANCE RACIAL AND ECONOMIC EQUITY. IN FURTHERANCE OF SUCH PURPOSES, THE CORPORATION WILL ENGAGE IN CHARITABLE AND EDUCATIONAL ACTIVITIES, (CONT'D IN SCHEDULE O)MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$234,352ExpenseAmt
DescEXTENSIVE RESEARCH WITH COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS ON OPPORTUNITIES FOR IMPACT INVESTMENTS BY US LIFE INSURERS IN UNDERSERVED COMMUNITIES. EXPLORING WAYS FOR LIFE INSURERS TO PARTNER WITH OTHER ORGANIZATIONS ACTIVE IN THE IMPACT INVESTING SPACE THAT MEETS BOTH THE REGULATORY AND RATINGS AGENCY REQUIREMENTS.Desc
Total Program Service Expenses$234,352TotalProgramServiceExpensesAmt
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 Liabilities0ReportOtherLiabilitiesInd
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 Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
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 Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
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 Members5GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
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 CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SCOTT DIXONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2026242000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1101 CONSTITUTION AVE NW 700AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20001ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt
LEROY D NUNERY II
CHAIR2.00Yes (X)Yes (X)$0$0$0
J SCOTT DAVISON
GOVERNOR2.00Yes (X)$0$0$02.00
JOSEPH S HAGAN
GOVERNOR2.00Yes (X)$0$0$0
RAYMOND G FARMER
GOVERNOR2.00Yes (X)$0$0$0
SUSAN NEELY
PRESIDENT & CEO2.00Yes (X)Yes (X)$0$3,900,818$1,296,47940.00
DAVID C TURNER
COO & CORPORATE SECRETARY2.00Yes (X)$0$853,599$147,31340.00
SCOTT DIXON
VP, FINANCE2.00Yes (X)$0$338,085$72,12040.00
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$5,092,502TotReportableCompRltdOrgAmt
Total Other Compensation$1,515,912TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
CENTRI CAPITAL LLC
3087 ORDWAY ST NWWASHINGTONDC20008ADVISORY & MANAGEMENT SERVICES$274,998
BLANK ROME LLP
130 NORTH 18TH STREETPHILADELPHIAPA19103ACCOUNTING & LEGAL SERVICES$113,345
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
All Other Contributions$2,500,000AllOtherContributionsAmt
Total Contributions$2,500,000TotalContributionsAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,500,000TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$113,345TotalAmt
Management And General$113,345ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$295,681TotalAmt
Program Services$233,748ProgramServicesAmt
Management And General$61,933ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$13,411TotalAmt
Management And General$13,411ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$276TotalAmt
Management And General$276ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$542TotalAmt
Management And General$542ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,208TotalAmt
Program Services$604ProgramServicesAmt
Management And General$604ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$424,463TotalAmt
Program Services$234,352ProgramServicesAmt
Management And General$190,111ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$1,721,370EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$400,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$2,121,370EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
EOY$45,833EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$45,833EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
EOY$2,075,537EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$2,075,537EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$2,121,370EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,075,537ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
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 Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

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

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year$2,500,000CurrentTaxYearAmt
Total$2,500,000TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year$2,500,000CurrentTaxYearAmt
Total$2,500,000TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$850,000SubstantialContributorsTotAmt
Public Support Total170$1,650,000PublicSupportTotal170Amt
Total Support$2,500,000TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, SECTION A, PUBLIC SUPPORT, COLUMN 22:FormAndLineReferenceDesc
Explanation360 CAPITAL COMMUNITY BEGAN ITS OPERATION ON MAY 12, 2022 AND THE AMOUNT REPORTED IN COLUMN 2022 REPRESENTS ACTIVITES FOR THE EIGHT MONTHS OF THE CALENDAR YEAR 2022.ExplanationTxt

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)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$48,852,134TotalRevEtcAuditedFinclStmtAmt
Other Revenue$46,352,134OtherRevenueAmt
Revenue Not Reported$46,352,134RevenueNotReportedAmt
Revenue Subtotal$2,500,000RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,500,000TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$50,289,533TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$49,865,070OtherExpensesIncludedAmt
Expenses Not Reported$49,865,070ExpensesNotReportedAmt
Expenses Subtotal$424,463ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$424,463TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:MANAGEMENT EVALUATED THE ASSOCIATION'S TAX POSITIONS AND CONCLUDED THAT THE ASSOCIATION HAD NOT TAKEN ANY UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:RELATED ENTITIES REVENUE INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS 46,352,134.
PART XII, LINE 2D - OTHER ADJUSTMENTS:RELATED ENTITIES EXPENSES INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS 49,865,070.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
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
SUSAN NEELY
PRESIDENT & CEO$0$1,478,625$0$1,309,400$0$1,112,793$0$1,260,516$0$36,922$0$5,198,256$0$1,034,581
DAVID C TURNER
COO & CORPORATE SECRETARY$0$596,148$0$193,700$0$63,751$0$104,702$0$44,249$0$1,002,550$0$60,713
SCOTT DIXON
VP, FINANCE$0$278,642$0$54,000$0$5,443$0$37,908$0$37,020$0$413,013$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 3THE 360 COMMUNITY CAPITAL DOES NOT COMPENSATE OFFICERS OR DIRECTORS. ALL OFFICERS AND DIRECTORS SERVE ON THE 360CC BOARD WITHOUT COMPENSATION. ALL COMPENSATION SHOWN IN PART VII OF THE FORM 990, AND SCHEDULE J, PAGE 2, PART II, IS PAID BY A RELATED ORGANIZATION OF THE 360CC, THE AMERICAN COUNCIL OF LIFE INSURERS, INC.. THE COMPENSATION DETERMINATION METHODOLOGY OF THE AMERICAN COUNCIL OF LIFE INSURERS IS AS FOLLOWS: ACLI HAS A COMPENSATION COMMITTEE MADE UP OF A CROSS-SECTION OF THE ACLI BOARD OF DIRECTORS DELEGATED TO OVERSEE POLICIES AND TAKE ACTIONS WITH RESPECT TO ACLI PERSONNEL, EMPLOYEE BENEFIT PLANS AND BUDGETS, AND COMPENSATION RELATING TO OFFICERS AT OR ABOVE THE LEVEL OF SENIOR VICE PRESIDENT FOR THE FORTHCOMING YEAR. THE COMMITTEE MUST MEET AT LEAST ONCE PER YEAR. ACLI UTILIZES THE SERVICES OF A COMPENSATION CONSULTANT SPECIALIZING IN NONPROFIT ORGANIZATIONS TO ASSIST THE COMMITTEE IN MAINTAINING A DISCIPLINED AND THOROUGH APPROACH TO MAKING COMPENSATION DECISIONS. THE COMPENSATION CONSULTANT PROCESS INVOLVES COMPARING THE CURRENT CASH COMPENSATION AND TOTAL REMUNERATION OF THE ACLI OFFICERS AND EXECUTIVE STAFF WITH DATA DERIVED FROM A SURVEY OF COMPARABLE TRADE AND FINANCIAL INDUSTRY ASSOCIATIONS. THE COMMITTEE ALSO REVIEWS THE PERFORMANCE OF THE ORGANIZATION AS AN ADDITIONAL FACTOR IN DECIDING THE LEVEL OF STAFFING COMPENSATION. NO CHANGES TO COMPENSATION CAN BE MADE WITHOUT THE APPROVAL OF THE COMMITTEE.
PART I, LINE 4BSUSAN NEELY PARTICIPATES IN SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN BY A RELATED ENTITY AMERICAN COUNCIL OF LIFE INSURERS, INC. (ACLI). ACLI CONTRIBUTED $724,045 TO THE PLAN DURING THE YEAR. THE FOLLOWING EMPLOYEES RECEIVED A PAYMENT FROM NONQUALIFIED RETIREMENT PLAN: SUSAN NEELY - $1,034,381 DAVID C. TURNER - $60,713

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 1:INCLUDING, BUT NOT LIMITED TO: (I) COORDINATING WITH COMMUNITY-BASED SUPPORT ORGANIZATIONS THAT UNDERSTAND THE NEEDS OF THE LOW-INCOME COMMUNITIES TO HELP PAIR THE LIFE INSURANCE INDUSTRY'S LONG-TERM INVESTMENT STRATEGIES WITH IMPACT INVESTMENT OPPORTUNITIES IN SUCH COMMUNITIES, AND (II) INCREASE IMPACT INVESTMENTS BY LIFE INSURANCE COMPANIES IN SUCH COMMUNITIES BY: (1) ATTRACTING GOVERNMENT AND FOUNDATION PARTNERS, (2) SECURING GRANTS FROM ENTITIES SUCH AS THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AND PHILANTHROPIC ORGANIZATIONS, (3) SECURING CAPITAL INFUSIONS FROM CORPORATIONS AND FOUNDATIONS, (4) HELPING SPONSORS, DEVELOPERS, AND OTHER PARTICIPANTS DEVELOP INVESTMENT OPPORTUNITIES IN LOW-INCOME COMMUNITIES THAT ARE ATTRACTIVE AS INVESTMENTS FOR LIFE INSURANCE COMPANIES, AND (5) RAISING FUNDS TO FINANCE SUCH INVESTMENTS.
FORM 990, PART VI, SECTION A, LINE 6THE SOLE MEMBER OF THE 360CC IS THE AMERICAN COUNCIL OF LIFE INSURERS.
FORM 990, PART VI, SECTION A, LINE 7ATHE SOLE MEMBER, A RELATED PARTY, THE AMERICAN COUNCIL OF LIFE INSURERS SHALL APPOINT ALL MEMBERS OF THE ORGANIZATION'S BOARD OF GOVERNORS, INCLUDING BOARD CHAIR AND BOARD-CHAIR ELECT. IN SELECTING NOMINEES FOR THE BOARD OF GOVERNORS, THE SOLE MEMBER WILL ENDEAVOR TO ASSURE REASONABLE REPRESENTATION OF COMPANY TYPES AND GEOGRAPHIC REGIONS AND A REASONABLY DIVERSE INDIVIDUAL REPRESENTATION TO THE EXTENT PRACTICABLE.
FORM 990, PART VI, SECTION B, LINE 11BA COPY OF FORM 990 IS PROVIDED TO EACH MEMBER OF THE BOARD PRIOR TO ITS FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION REQUIRES ALL BOARD OF GOVERNORS TO ANNUALLY COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE AND DISCLOSE WHETHER ANY POTENTIAL CONFLICTS MIGHT EXIST.
FORM 990, PART VI, SECTION C, LINE 19360CC WILL PROVIDE A COPY OF ITS FORM 990 UPON REQUEST OR MAKE IT AVAILABLE FOR INSPECTION AT ITS OFFICES IN COMPLIANCE WITH IRC SECTION 6104(D). 360CC DOES NOT MAKE AVAILABLE COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES OR AUDITED FINANCIAL STATEMENTS.
FORM 990, PART IX, LINE 11GCONSULTANT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 20,683. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,683. OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 233,748. MANAGEMENT AND GENERAL EXPENSES 41,250. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 274,998.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationIndBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
AMERICAN COUNCIL OF LIFE INSURERS
101 CONSTITUTION AVE NW SUITE 700WASHINGTONDC20001521044305UNIFIED MEMBERSHIP TO ADVANCE THE INTERESTS OF THE LIFE INSURANCE INDUSTRYDE501(C)(6)N/A0
INTERNATIONAL PENSION FOUNDATION
101 CONSTITUTION AVE NW SUITE 700WASHINGTONDC20001522287615DEVELOPMENT OF PENSION SYSTEMS IN UNDER-DEVELOPED COUNTRIESDC501(C)(3)0AMERICAN COUNCIL OF LIFE INSURERS
AMERICANS TO PROTECT FAMILY SECURITY
101 CONSTITUTION AVE NW SUITE 700WASHINGTONDC20001461362634EDUCATE POLICYMAKERS ABOUT THE ROLE OF LIFE INSURANCE TO AMERICANSDC501(C)(4)0AMERICAN COUNCIL OF LIFE INSURERS
ACLI PAC
101 CONSTITUTION AVE NW SUITE 700WASHINGTONDC20001521292287COLLECTING VOLUNTARY CONTRIBUTIONS FOR POLITICAL CANDIDATES AND COMMITTEESDC5270AMERICAN COUNCIL OF LIFE INSURERS
ACLI POLITICAL ACTIVITY FUND
101 CONSTITUTION AVE NW SUITE 700WASHINGTONDC20001264437423COLLECTING VOLUNTARY CONTRIBUTIONS FOR POLITICAL CANDIDATES AND COMMITTEESDC5270AMERICAN COUNCIL OF LIFE INSURERS

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1ACLI SERVICES INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1101 CONSTITUTION AVE NWAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20001ZIPCd
FieldValueIRS element (for citing)
EIN522324658EIN
Primary ActivitiesFACILITIES MANAGEMENTPrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd
Direct Controlling NAN/ADirectControllingNACd
Entity TypeCEntityTypeTxt
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 FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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