BCLF MANAGED ASSETS CORPORATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
BCLF MANAGED ASSETS CORPORATION (EIN 04-3246547)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-15
IRS object ID
202213199349101601
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)
Return2022-11-15T08:16:39-06:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN042571780PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1AAFCPAS INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line150 WASHINGTON STREETAddressLine1Txt
CityWESTBOROUGHCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01581ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN043246547EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BCLF MANAGED ASSETS CORPORATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBCLFBusinessNameControlTxt
Phone6174278600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 MALCOLM X BOULEVARDAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02119ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLISA ZAPPALAPersonNm
Person TitleCHIEF FINANCIAL OFFICERPersonTitleTxt
Phone6174278600PhoneNum
Signature2022-11-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstLISAPersonFirstNm
Person LastZAPPALAPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMATTHEW MCGINNIS CPAPreparerPersonNm
PTINP01585083PTIN
Phone5083669100PhoneNum
Preparation2022-11-08PreparationDt

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 TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$22,455,913FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$3,715InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$3,715InterestOnSavNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$1,567,712OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$0OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$1,571,427TotalRevAndExpnssAmt
Total Net Invst Incm$3,715TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$362,183CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$362,183CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$259,674OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm$0OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$259,674OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$75,937PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm$0PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl$75,937PensionEmplBnftDsbrsChrtblAmt
Accounting Fees Rev And Expnss$97,981AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$97,981AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$386,599OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$0OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$386,599OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$36,079TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$36,079TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$126,767OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$0OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$126,767OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,345,220TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$1,345,220TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$3,000,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$3,000,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$4,345,220TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$4,345,220TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$2,773,793ExcessRevenueOverExpensesAmt
Net Investment Income$3,715NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$19,428,280SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$19,313,913SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$19,313,913SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl$3,126,949AcctRcvblAmt
Acct Rcvbl BOY$3,003,102AcctRcvblBOYAmt
Acct Rcvbl EOY$3,126,949AcctRcvblEOYAmt
Acct Rcvbl EOYFMV$3,126,949AcctRcvblEOYFMVAmt
Other Investments BOY$9,930OtherInvestmentsBOYAmt
Other Investments EOY$10,003OtherInvestmentsEOYAmt
Other Investments EOYFMV$10,003OtherInvestmentsEOYFMVAmt
Other Assets BOY$3,179,002OtherAssetsBOYAmt
Other Assets EOY$5,048OtherAssetsEOYAmt
Other Assets EOYFMV$5,048OtherAssetsEOYFMVAmt
Total Assets BOY$25,620,314TotalAssetsBOYAmt
Total Assets EOY$22,455,913TotalAssetsEOYAmt
Total Assets EOYFMV$22,455,913TotalAssetsEOYFMVAmt
Accounts Payable BOY$95,446AccountsPayableBOYAmt
Accounts Payable EOY$102,469AccountsPayableEOYAmt
Deferred Revenue BOY$3,258,592DeferredRevenueBOYAmt
Deferred Revenue EOY$2,860,961DeferredRevenueEOYAmt
Total Liabilities BOY$3,354,038TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,963,430TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$22,266,276NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$19,492,483NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$22,266,276TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$19,492,483TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$25,620,314TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$22,455,913TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$22,266,276TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$2,773,793ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$19,492,483SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$19,492,483TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$52InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$52SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$52TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$6,049EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$6,049TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Overpayment$5,997OverpaymentAmt
Applied To ES Tax$5,997AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateMAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressHTTPS://BLUEHUBCAPITAL.ORGWebsiteAddressTxt
Individual With BooksTHE CORPORATIONIndividualWithBooksNm
Phone6174278600PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line110 MALCOLM X BOULEVARDAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02119ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (12 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
CHARLES CLARK
10 MALCOLM X BOULEVARDBOSTONMA02119CHAIRMAN OF THE BOARD1.00$0$0$0
SARAH LINCOLN
10 MALCOLM X BOULEVARDBOSTONMA02119TREASURER1.00$0$0$0
REVEREND JAMES WALSH SJ
10 MALCOLM X BOULEVARDBOSTONMA02119CLERK1.00$0$0$0
EDWARD DUGGER III
10 MALCOLM X BOULEVARDBOSTONMA02119BOARD MEMBER1.00$0$0$0
JULIE GOULD
10 MALCOLM X BOULEVARDBOSTONMA02119BOARD MEMBER1.00$0$0$0
MARIA MAFFEI
10 MALCOLM X BOULEVARDBOSTONMA02119BOARD MEMBER1.00$0$0$0
VICTOR R RIVERA
10 MALCOLM X BOULEVARDBOSTONMA02119BOARD MEMBER1.00$0$0$0
MERCEDES TOMPKINS
10 MALCOLM X BOULEVARDBOSTONMA02119BOARD MEMBER1.00$0$0$0
REESE FAYDE
10 MALCOLM X BOULEVARDBOSTONMA02119BOARD MEMBER1.00$0$0$0
ELYSE CHERRY - SEE SUPPL STMT 1
10 MALCOLM X BOULEVARDBOSTONMA02119CEO & EX-OFFICIO10.00$186,752$17,000$2,585
DEWITT JONES - SEE SUPPL STMT 1
10 MALCOLM X BOULEVARDBOSTONMA02119PRESIDENT & EX-OFFICIO12.00$106,208$8,500$7,580
LISA ZAPPALA
10 MALCOLM X BOULEVARDBOSTONMA02119CHIEF FINANCIAL OFFICER2.00$14,527$8,500$130

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee BenefitsEmployeeBenefitsAmtExpense AccountExpenseAccountAmt
CATHERINE DUN RAPPAPORT
10 MALCOLM X BOULEVARDBOSTONMA02119VP, LEARNING AND IMP8.00$34,761$2,342$5,481
E MATTHEW GAUTIERI
10 MALCOLM X BOULEVARDBOSTONMA02119SVP, CONTROLLER4.00$22,815$3,330$1,844
AUTUMN MCLAUGHLIN
10 MALCOLM X BOULEVARDBOSTONMA02119MANAGER OF COMMUNICA4.00$12,900$810$96
RACHEL SEROTTA
10 MALCOLM X BOULEVARDBOSTONMA02119INVESTOR RELATIONS &4.00$10,716$720$844
FieldValueIRS element (for citing)
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AAFCPAS INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line150 WASHINGTON STREETAddressLine1Txt
CityWESTBOROUGHCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01581ZIPCd
FieldValueIRS element (for citing)
Service TypeAUDIT AND TAX SERVICEServiceTypeTxt
Compensation$87,400CompensationAmt
FieldValueIRS element (for citing)
Contractor Paid Over50k0ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1THE ORGANIZATION DEVELOPS NEW BUSINESS INITIATIVES AND INNOVATIVE FUNDING VEHICLES FOR LOW-INCOME INDIVIDUALS AND COMMUNITIES.Description1Txt
Expenses1$4,052,459Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt
Expenses1$0Expenses1Amt
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$19,797,210AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$5,048FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$19,802,258TotalFMVOfUnusedAssetsAmt
Reduction Claimed$3,126,949ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$19,802,258AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$297,034CashDeemedCharitableAmt
Net Vl Noncharitable Assets$19,505,224NetVlNoncharitableAssetsAmt
Minimum Investment Return$975,261MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$975,261MinimumInvestmentReturnAmt
Tax Based On Investment Income$52TaxBasedOnInvestmentIncomeAmt
Total Tax$52TotalTaxAmt
Distributable Before Adj$975,209DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$975,209DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$975,209DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$4,345,220ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$4,345,220QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$975,209DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$258,375ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$1,584,407ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$1,366,884ExcessDistributionCyovYr3Amt
Total Excess Distribution Cyov$3,209,666TotalExcessDistributionCyovAmt
Qualifying Distributions$4,345,220QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$975,209AppliedToCurrentYearAmt
Remaining Distri From Corpus$3,370,011RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$6,579,677TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$258,375ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$6,321,302ExcessDistriCyovToNextYrAmt
Excess From Year4$1,584,407ExcessFromYear4Amt
Excess From Year3$1,366,884ExcessFromYear3Amt
Excess From Current Year$3,370,011ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1ONE PERCENT FOR AMERICA INCBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line110 MALCOLM X BOULEVARDAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02119ZIPCd
FieldValueIRS element (for citing)
Recipient Foundation StatusPCRecipientFoundationStatusTxt
Grant Or Contribution PurposeOPERATING SUPPORTGrantOrContributionPurposeTxt
Amt$3,000,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$3,000,000TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Program Service Revenue Dtl ProgramServiceRevenueDtl

FieldValueIRS element (for citing)
DescPROGRAM REVENUE & FEESDesc
Related Or Exempt Function Incm$1,567,712RelatedOrExemptFunctionIncmAmt

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,715ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$3,715ExclusionAmt
Related Or Exempt Function Incm$1,567,712RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,571,427TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number1ALineNumberTxt
Relationship StatementMANAGEMENT FEES ASSOCIATED WITH ITS PARTICIPATION IN THE UNDERWRITING OF QUALIFIED LOW-INCOME COMMUNITY INVESTMENTS AND UPFRONT FEESRelationshipStatementTxt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$97,981Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$97,981DisbursementsCharitablePrpsAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemINVESTMENTS IN AFFILIATESCategoryOrItemTxt
Listed At Cost Or FMVAT COSTListedAtCostOrFMVCd
Book Value$10,003BookValueAmt
EOYFMV$10,003EOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
DUE FROM AFFILIATES$3,024,131$5,048$5,048
OTHER CURRENT ASSETS$154,871$0$0

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
MARKETING$23,000$0$23,000
INSURANCE & FILING FEES$26,909$0$26,909
OFFICE OPERATIONS EXPENSE$71,558$0$71,558
MISCELLANEOUS$27$0$27
ORGANIZATIONAL SUPPORT$5,273$0$5,273

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescPROGRAM REVENUE & FEESDesc
Revenue And Expenses Per Books$1,567,712RevenueAndExpensesPerBooksAmt
Adjusted Net Income$1,567,712AdjustedNetIncomeAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
NMTC EXPENSE$334,856$0$334,856
CONSULTANTS$51,743$0$51,743

Reduction Explanation Statement ReductionExplanationStatement

FieldValueIRS element (for citing)
Short ExplanationTHE REDUCTION CLAIMED REPRESENTS FEE INCOME FROM CDESUBALLOCATIONS WHICH HAS NOT YET BEEN RECEIVED AND THEREFORE NOTAVAILABLE FOR DISTRIBUTION.ShortExplanationTxt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryPAYROLL TAXESCategoryTxt
Amt$36,079Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$36,079DisbursementsCharitablePrpsAmt

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