COMMUNITY FINANCE CORPORATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- COMMUNITY FINANCE CORPORATION (EIN 86-0683138)
- Tax period
- 2020-10-01 to 2021-09-30
- Filed
- 2022-08-11
- IRS object ID
- 202202239349100100
- Schema version
- 2020v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Amortization Schedule
- Depreciation Schedule
- Investments Govt Obligations Sch
- Investments Land Schedule2
- Mortgages And Notes Payable Sch
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-08-11T00:35:47-05:00 | ReturnTs |
| Tax Period End | 2021-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RONALD D KOVAR JR CPA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7838 E LINDEN CT | AddressLine1Txt |
| City | TUCSON | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85715 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 860683138 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COMMUNITY FINANCE CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COMM | BusinessNameControlTxt |
| Phone | 5206233377 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 N WILMOT RD SUITE 227 | AddressLine1Txt |
| City | TUCSON | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 857112631 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GARY MOLENDA | PersonNm |
| Person Title | DES REP | PersonTitleTxt |
| Phone | 5206233377 | PhoneNum |
| Signature | 2022-08-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | GARY | PersonFirstNm |
| Person Last | MOLENDA | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RONALD D KOVAR JR | PreparerPersonNm |
| PTIN | P01218573 | PTIN |
| Phone | 5207223643 | PhoneNum |
| Preparation | 2022-08-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $384,875,823 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $468 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $468 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $468 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $223,735 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $223,735 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $223,735 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $61,411,986 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $61,098,263 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $61,411,986 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $61,075,551 | NetRentalIncomeOrLossAmt |
| Other Income Rev And Expnss | $869,604 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $869,604 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $869,604 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $62,505,793 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $62,192,070 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $62,505,793 | TotalAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $46,200 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $46,200 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $46,200 | AccountingFeesAdjNetIncmAmt |
| Other Prof Fees Rev And Expnss | $41,325,610 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $41,325,610 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $41,325,610 | OtherProfFeesAdjNetIncmAmt |
| Interest Rev And Expnss | $10,221,366 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $10,073,472 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $10,221,366 | InterestAdjNetIncmAmt |
| Deprec And Dpltn Rev And Expnss | $3,592,090 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $3,505,885 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $3,592,090 | DeprecAndDpltnAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $6,857,057 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $6,754,721 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $6,857,057 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $62,042,323 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $61,705,888 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $62,042,323 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $145,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $145,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $62,187,323 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $61,705,888 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $62,042,323 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $145,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $318,470 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $486,182 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $463,470 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $870,261 | CashBOYAmt |
| Cash EOY | $939,897 | CashEOYAmt |
| Cash EOYFMV | $939,897 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $75,570,636 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $163,700,062 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $163,700,062 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $8,175 | AcctRcvblAmt |
| Acct Rcvbl BOY | $1,388,941 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $8,175 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $8,175 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $252,628 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $305,709 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $305,709 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $110,718,215 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $123,013,488 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $123,013,488 | USGovtObligationsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $130,213,837 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $52,872,762 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $80,915,701 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $77,341,075 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $77,341,075 | LandBldgInvestmentsEOYFMVAmt |
| Other Assets BOY | $15,028,502 | OtherAssetsBOYAmt |
| Other Assets EOY | $19,567,417 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $19,567,417 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $284,744,884 | TotalAssetsBOYAmt |
| Total Assets EOY | $384,875,823 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $384,875,823 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $14,025,721 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $12,638,566 | AccountsPayableEOYAmt |
| Deferred Revenue BOY | $13,371,602 | DeferredRevenueBOYAmt |
| Deferred Revenue EOY | $8,826,897 | DeferredRevenueEOYAmt |
| Mortgages And Notes Payable BOY | $295,149,404 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $403,825,490 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $23,379,806 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $23,938,274 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $345,926,533 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $449,229,227 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | -$61,181,649 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | -$64,353,404 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | -$61,181,649 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | -$64,353,404 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $284,744,884 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $384,875,823 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | -$61,181,649 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $318,470 | ExcessRevenueOverExpensesAmt |
| Other Increases | $191,957 | OtherIncreasesAmt |
| Subtotal | -$60,671,222 | SubtotalAmt |
| Other Decreases | $3,682,182 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | -$64,353,404 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $6,758 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $6,758 | SubtotalAmt |
| Tax Based On Investment Income | $6,758 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,687 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $1,113 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $6,800 | TotalPaymentsAndCreditsAmt |
| Overpayment | $42 | OverpaymentAmt |
| Applied To ES Tax | $42 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | AZ | OrgReportOrRegisterStateCd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5206233377 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 N WILMOT RD STE 227 | AddressLine1Txt |
| City | TUCSON | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 857112631 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| GARY MOLENDA | ||||||||
| 333 N WILMOT RD STE 227 | TUCSON | AZ | 85711 | DES REP | 2.00 | $0 | $0 | $0 |
| MICHAEL HAMMOND | ||||||||
| 333 N WILMOT RD STE 227 | TUCSON | AZ | 85711 | PRESIDENT | 2.00 | $0 | $0 | $0 |
| KENDALL BERT | ||||||||
| 333 N WILMOT RD STE227 | TUCSON | AZ | 85711 | SECRETARY | 1.00 | $0 | $0 | $0 |
| MICHAEL ARNOLD | ||||||||
| 333 N WILMOT RD STE 227 | TUCSON | AZ | 85711 | TREASURER | 1.00 | $0 | $0 | $0 |
| KATHLEEN PERKINS | ||||||||
| 333 N WILMOT RD STE 227 | TUCSON | AZ | 85711 | VICE-PRESIDE | 1.00 | $0 | $0 | $0 |
| KENNETH ABRAHAMS | ||||||||
| 333 N WILMOT RD STE227 | TUCSON | AZ | 85711 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| GEO GROUP INC | ||||||
| ONE PARK PLACE 621 NW 53RD ST | SUITE 700 | BOCA RATON | FL | 33487 | FACIL-MGMT FEES | $3,167,296 |
| GEO GROUP INC | ||||||
| ONE PARK PLACE 621 NW 53RD ST | SUITE 700 | BOCA RATON | FL | 33487 | FACIL-MGMT FEE | $1,649,611 |
| MONMOUTH INDEPENDENCE NETWORK LLC | ||||||
| 405 N HOGAN RD | MONMOUTH | OR | 97361 | WKING CAP FEES | $1,061,523 | |
| CAPSTONE ON CAMPUS MANAGEMENT LLC | ||||||
| 431 OFFICE PARK DRIVE | BIRMINGHAM | AL | 35223 | DORM MGMT FEE | $387,940 | |
| HUNTON ANDREW KURTH LLP | ||||||
| 600 TRAVIS STREET SUITE 4200 | HOUSTON | TX | 77002 | BOND COUNSEL FE | $325,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 10 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $907,252 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $907,252 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $907,252 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $13,609 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $893,643 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $44,682 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $44,682 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $6,758 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $6,758 | TotalTaxAmt |
| Distributable Before Adj | $37,924 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $37,924 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $37,924 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $145,000 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $145,000 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $145,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $37,924 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $185,785 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $95,967 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $100,777 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $104,407 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $110,284 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $597,220 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $145,000 | QualifyingDistributionsAmt |
| Applied To Current Year | $37,924 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $107,076 | RemainingDistriFromCorpusAmt |
| Total Corpus | $704,296 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $185,785 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $518,511 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $95,967 | ExcessFromYear4Amt |
| Excess From Year3 | $100,777 | ExcessFromYear3Amt |
| Excess From Year2 | $104,407 | ExcessFromYear2Amt |
| Excess From Year1 | $110,284 | ExcessFromYear1Amt |
| Excess From Current Year | $107,076 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Business Name Line2RecipientBusinessName/BusinessNameLine2Txt | Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| UA-COLLEGE OF ENGINEERING | |||||||||
| DAVINCI SCHOLARSHIP | 1111 N CHERRY AVENUE | TUCSON | AZ | 857210109 | N/A | 501(C)(3) | SEE ATTACHED SCHEDULE K | $25,000 | |
| YMCA OF SOUTHERN AZ | |||||||||
| PO BOX 1111 | TUCSON | AZ | 85702 | N/A | 501(C)(3) | SEE ATTACHED SCHEDULE K | $25,000 | ||
| TUCSON UNIFIED SCHOOL DISTRICT | |||||||||
| EDUCATION ENRICHMENT FOUNDATION | 3809 E THIRD STREET | TUCSON | AZ | 85716 | N/A | 501(C)(3) | SEE ATTACHED SCHEDULE K | $25,000 | |
| LEAD GUITAR | |||||||||
| 2100 E SPEEDWAY BLVD | TUCSON | AZ | 85719 | N/A | 501(C)(3) | SEE ATTACHED SCHEDULE K | $25,000 | SUITE 40206 | |
| SO AZ RESEARCH SCIENCE AND | |||||||||
| ENGINEERING FOUNDATION | 4574 E BROADWAY | TUCSON | AZ | 85711 | N/A | 501(C)(3) | SEE ATTACHED SCHEDULE K | $5,000 | |
| JEWISH COMMUNITY CENTER OF | |||||||||
| SOUTHERN ARIZONA | 3800 E RIVER RD | TUCSON | AZ | 85718 | N/A | 501(C)(3) | SEE ATTACHED SCHEDULE K | $15,000 | |
| EL GROUPO YOUTH CYCLING | |||||||||
| 610 N 9TH AVENUE | TUCSON | AZ | 85705 | N/A | 501(C)(3) | SEE ATTACHED SCHEDULE K | $25,000 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $145,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $468 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $223,735 | ExclusionAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 531120 | BusinessCd |
| Unrelated Business Taxbl Incm | -$22,712 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 30 | ExclusionCd |
| Exclusion | $61,098,263 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|
| ADMINISTRATIVE FEES | $499,347 | ||
| OTHER INCOME | 30 | $370,257 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$22,712 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $61,692,723 | ExclusionAmt |
| Related Or Exempt Function Incm | $499,347 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $62,169,358 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (3 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 11B | ADMINISTRATIVE FEES ARE EARNED PURSUANT TO THE |
| 11B | ORGANIZATION'S PURPOSE OF LESSENING THE BURDENS OF |
| 11B | GOVERNMENT AND TO FINANCE THE ERECTION OF PUBLIC BUILDINGS |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | Yes (true) | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
Transfer Schedule Detail TransferScheduleDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1b(6) | LineNumberTxt |
| Involved | $238,434 | InvolvedAmt |
Noncharitable Exempt Org Name NoncharitableExemptOrgName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDFC ADVISOR SERVICES | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfers Trans And Shr Arrngm | ADMINISTRATIVE FEES | TransfersTransAndShrArrngmDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | SEE SCHEDULE C | CategoryTxt |
| Amt | $46,200 | Amt |
| Net Investment Income | $46,200 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $46,200 | AdjustedNetIncomeAmt |
Amortization Schedule AmortizationSchedule
Amortization Schedule Detail AmortizationScheduleDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amortized Expenses | AMORTIZATION | AmortizedExpensesDesc |
| Current Year Amortization | $1,276 | CurrentYearAmortizationAmt |
| Adjusted Net Income | $1,276 | AdjustedNetIncomeAmt |
| Total Amortization | $1,276 | TotalAmortizationAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | SEE SCEDULE G | PropertyDesc |
| Prior Year Depreciation | $3,475,385 | PriorYearDepreciationAmt |
| Current Year Expense | $3,505,885 | CurrentYearExpenseAmt |
| Net Investment Income | $3,505,885 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $3,505,885 | AdjustedNetIncomeAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $1,682,436 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $1,682,436 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $121,331,052 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $121,331,052 | StateLocalSecEOYFMVAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt | Accumulated DepreciationAccumulatedDepreciationAmt |
|---|---|---|---|---|
| LAND | $8,153,678 | $8,153,678 | $8,153,678 | |
| LAND IMPROVEMENTS | $257,029 | $257,029 | $257,029 | |
| BUILDINGS, FURNITURE & EQUIPMENT | $121,803,130 | $68,930,368 | $68,930,368 | $52,872,762 |
| SEE SCHEDULE G |
Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch
Note Payable NotePayableGrp
Lender Name LenderNameGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SEE SCHEDULE I | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Balance Due | $403,825,490 | BalanceDueAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (6 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| NOTE ISSUANCE COSTS LESS ACC AMORT | $6,195,927 | $7,435,764 | $7,435,764 |
| OTHER RECEIVABLE | $222,254 | $238,790 | $238,790 |
| LEASE INCOME RECEIVABLE | $3,822,180 | $6,615,503 | $6,615,503 |
| INTEREST RECEIVABLE | $53,645 | $1,491 | $1,491 |
| DEVELOPMENT COSTS | $4,734,496 | $5,275,869 | $5,275,869 |
| SEE SCHEDULE H |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| SEE ATTACHMENT B | $169,245 |
| SEE ATTACHMENT B | $3,512,937 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| COLLEGE DORM PROJECT | |||
| FACILITIES EXPENSES | $90,019 | $90,019 | |
| REPAIRS & MAINTENANCE | $11,041 | $11,041 | |
| EXPENSES | |||
| FACILITIES EXPENSES | $3,901,520 | $3,901,520 | $3,901,520 |
| GROUND LEASE RENT | $46,965 | $46,965 | $46,965 |
| OTHER EXPENSES | $5,918 | $5,918 | $5,918 |
| REPAIRS & MAINTENANCE | $440,783 | $440,783 | $440,783 |
| REAL ESTATE TAXES | $933,895 | $933,895 | $933,895 |
| SEE SCHEDULE E |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ADMINISTRATIVE FEES | $499,347 | $499,347 | $499,347 |
| OTHER INCOME | $370,257 | $370,257 | $370,257 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED LOSS ON INVESTMENTS | $169,245 |
| LOSS FROM 990-T; SEE SCH B | $22,712 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| ACCRUED REAL ESTATE TAXES | $697,207 | $712,745 |
| INTEREST PAYABLE | $22,682,599 | $23,225,529 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| LEGAL, PROFESSIONAL, & TRUSTEE F | $324,756 | $324,756 | $324,756 |
| ADMINISTRATIVE FEES | $238,434 | $238,434 | $238,434 |
| FACILITIE MGMT FEES AND OPERATIN | $40,762,420 | $40,762,420 | $40,762,420 |
| SEE SCHEDULE D |
Comments