FRAMEWORKS COMMUNITY DEVELOPMENT CORPORATION INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
FRAMEWORKS COMMUNITY DEVELOPMENT CORPORATION INC (EIN 56-2492634)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-10
IRS object ID
202233149349307503
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)
Return2022-11-10T18:03:40-06:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN742920819PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ATCHLEY & ASSOCIATES LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11005 LA POSADA DRIVEAddressLine1Txt
CityAUSTINCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78752ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN562492634EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FRAMEWORKS COMMUNITY DEVELOPMENTBusinessNameLine1Txt
Business Name Line2CORPORATION INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlFRAMBusinessNameControlTxt
Phone5123851500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12200 E MARTIN LUTHER KING JR BLVDAddressLine1Txt
CityAUSTINCityNm
State AbbreviationTXStateAbbreviationCd
ZIP787023739ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOYCE MCDONALDPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone5123851500PhoneNum
Signature2022-11-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJOYCEPersonFirstNm
Person LastMCDONALDPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRENAE DUNCANPreparerPersonNm
PTINP01257722PTIN
Phone5123462086PhoneNum
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 IRS990

FieldValueIRS element (for citing)
Principal OfficerJOYCE MCDONALDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12200 E MARTIN LUTHER KING JR BLVDAddressLine1Txt
CityAUSTINCityNm
State AbbreviationTXStateAbbreviationCd
ZIP787023739ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$598,187GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.FRAMEWORKSCDC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2004FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionPROVIDE HOME BUYER EDUCATION AND COUNSELING, FORECLOSURE PREVENTION COUNSELING, FINANCIAL LITERACY EDUCATION TO LOW INCOME INDIVIDUALS, AND FACILITATE AFFORDABLE HOUSING INCLUDING HOME OWNERSHIP AND RENTAL.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee4TotalEmployeeCnt
Total Volunteers5TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$157,780PYContributionsGrantsAmt
CY Contributions Grants$139,509CYContributionsGrantsAmt
PY Program Service Revenue$558,950PYProgramServiceRevenueAmt
CY Program Service Revenue$454,422CYProgramServiceRevenueAmt
PY Investment Income$90,312PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$728PYOtherRevenueAmt
CY Other Revenue$4,256CYOtherRevenueAmt
PY Total Revenue$807,770PYTotalRevenueAmt
CY Total Revenue$598,187CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$231,824PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$209,580CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$9,924CYTotalFundraisingExpenseAmt
PY Other Expenses$308,144PYOtherExpensesAmt
CY Other Expenses$373,449CYOtherExpensesAmt
PY Total Expenses$539,968PYTotalExpensesAmt
CY Total Expenses$583,029CYTotalExpensesAmt
PY Revenues Less Expenses$267,802PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$15,158CYRevenuesLessExpensesAmt
Total Assets BOY$2,322,445TotalAssetsBOYAmt
Total Assets EOY$2,576,513TotalAssetsEOYAmt
Total Liabilities BOY$2,036,849TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,261,597TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$285,596NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$314,916NetAssetsOrFundBalancesEOYAmt
MissionPROVIDE HOME BUYER EDUCATION AND COUNSELING, FORECLOSURE PREVENTION COUNSELING, FINANCIAL LITERACY EDUCATION TO LOW INCOME INDIVIDUALS, AND FACILITATE AFFORDABLE HOUSING INCLUDING HOME OWNERSHIP AND RENTAL.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$293,453ExpenseAmt
Revenue$183,348RevenueAmt
DescRENTAL PROPERTYDesc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$149,638ExpenseAmt
Revenue$12,903RevenueAmt
DescHOMEBUYER EDUCATION AND FORECLOSURE PREVENTIONDesc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$13,146ExpenseAmt
Revenue$262,427RevenueAmt
DescACQUISITION AND DEVELOPMENTDesc
FieldValueIRS element (for citing)
Total Program Service Expenses$456,237TotalProgramServiceExpensesAmt
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 Stmt0ConsolidatedAuditFinclStmtInd
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 Required0ScheduleJRequiredInd
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 Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document16IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee4EmployeeCnt
Employment Tax Returns Filed0EmploymentTaxReturnsFiledInd
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 Member5IndependentVotingMemberCnt
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 Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
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 Line1JOYCE MCDONALDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5123851500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12200 E MARTIN LUTHER KING JR BLVDAddressLine1Txt
CityAUSTINCityNm
State AbbreviationTXStateAbbreviationCd
ZIP787023739ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JOANN DEPENNING
CHAIR0.50Yes (X)Yes (X)$0$0$0
ROGER DAVIS
TREASURER0.50Yes (X)Yes (X)$0$0$0
REYNALDO VASQUEZ
SECRETARY0.50Yes (X)Yes (X)$0$0$0
EDIE PHILLIPS
VICE-CHAIR0.50Yes (X)Yes (X)$0$0$0
SHALANDA SMITH
BOARD MEMBER0.50Yes (X)$0$0$0
JOYCE MCDONALD
EXECUTIVE DIRECTOR50.00Yes (X)$110,767$0$1,970
FieldValueIRS element (for citing)
Total Reportable Comp From Org$110,767TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$1,970TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$43,321GovernmentGrantsAmt
All Other Contributions$96,188AllOtherContributionsAmt
Noncash Contributions$160NoncashContributionsAmt
Total Contributions$139,509TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ACQUISITION AND REHAB531390$258,171$258,171
RENTAL PROPERTY531110$183,348$183,348
HOME BUYER EDUCATION611430$12,903$12,903
FieldValueIRS element (for citing)
Total Program Service Revenue$454,422TotalProgramServiceRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER REVENUEDesc
Business900099BusinessCd
Total Revenue Column$4,256TotalRevenueColumnAmt
Related Or Exempt Func Income$4,256RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$4,256OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$598,187TotalRevenueColumnAmt
Related Or Exempt Func Income$458,678RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$127,782TotalAmt
Program Services$112,448ProgramServicesAmt
Management And General$10,223ManagementAndGeneralAmt
Fundraising$5,111FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$58,952TotalAmt
Program Services$52,883ProgramServicesAmt
Management And General$4,046ManagementAndGeneralAmt
Fundraising$2,023FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$8,783TotalAmt
Program Services$7,787ProgramServicesAmt
Management And General$664ManagementAndGeneralAmt
Fundraising$332FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$14,063TotalAmt
Program Services$12,029ProgramServicesAmt
Management And General$1,497ManagementAndGeneralAmt
Fundraising$537FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$5,000TotalAmt
Program Services$5,000ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$50,892TotalAmt
Management And General$50,892ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$4,790TotalAmt
Management And General$4,790ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$6,829TotalAmt
Program Services$532ProgramServicesAmt
Management And General$6,297ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$48,061TotalAmt
Program Services$42,555ProgramServicesAmt
Management And General$3,671ManagementAndGeneralAmt
Fundraising$1,835FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$978TotalAmt
Management And General$978ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$33,144TotalAmt
Program Services$30,543ProgramServicesAmt
Management And General$2,601ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$74,315TotalAmt
Program Services$73,585ProgramServicesAmt
Management And General$730ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$18,480TotalAmt
Program Services$11,353ProgramServicesAmt
Management And General$7,127ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
REPAIRS AND MAINTENANCE$71,560$71,560
RENTAL PROPERTY EXPENSE$26,248$26,248
MISCELLANEOUS EXPENSE$20,743$4,708$15,949$86
COMMUNICATIONS$7,104$1,491$5,613

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$5,305TotalAmt
Program Services$3,515ProgramServicesAmt
Management And General$1,790ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$583,029TotalAmt
Program Services$456,237ProgramServicesAmt
Management And General$116,868ManagementAndGeneralAmt
Fundraising$9,924FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$580,663BOYAmt
EOY$905,677EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$11,743BOYAmt
EOY$5,077EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$951BOYAmt
EOY$6,321EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,133,628LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$474,290LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,657,672BOYAmt
EOY$1,659,338EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$71,416BOYAmt
EOY$100EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,322,445BOYAmt
EOY$2,576,513EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$45,396BOYAmt
EOY$27,537EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$33,600EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$1,761,146BOYAmt
EOY$1,683,023EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$230,307BOYAmt
EOY$517,437EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,036,849BOYAmt
EOY$2,261,597EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$285,596BOYAmt
EOY$314,916EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$285,596BOYAmt
EOY$314,916EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,322,445BOYAmt
EOY$2,576,513EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$15,158ReconcilationRevenueExpnssAmt
Prior Period Adjustments$14,162PriorPeriodAdjustmentsAmt
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)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
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)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$164,537CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$244,085CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$148,790CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$157,780CurrentTaxYearMinus1YearAmt
Current Tax Year$96,188CurrentTaxYearAmt
Total$811,380TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$164,537CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$244,085CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$148,790CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$157,780CurrentTaxYearMinus1YearAmt
Current Tax Year$96,188CurrentTaxYearAmt
Total$811,380TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$238,048SubstantialContributorsTotAmt
Public Support Total170$573,332PublicSupportTotal170Amt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,460CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$60,537CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,757CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$728CurrentTaxYearMinus1YearAmt
Current Tax Year$4,256CurrentTaxYearAmt
Total$75,738TotalAmt
FieldValueIRS element (for citing)
Total Support$887,118TotalSupportAmt
Gross Receipts Rltd Activities$1,824,907GrossReceiptsRltdActivitiesAmt
Public Support CY1700.64630PublicSupportCY170Pct
Public Support PY1700.61630PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

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

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,094,895OtherCostOrOtherBasisAmt
Depreciation$437,270DepreciationAmt
Book Value$1,657,625BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,608OtherCostOrOtherBasisAmt
Depreciation$5,608DepreciationAmt
Book Value$0BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$33,125OtherCostOrOtherBasisAmt
Depreciation$31,412DepreciationAmt
Book Value$1,713BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,659,338TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
SECURITY DEPOSITS$12,691
SBA EIDL LOAN$500,000
LINE OF CREDIT$4,746
FieldValueIRS element (for citing)
Total Liability$517,437TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$598,187TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$598,187RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$598,187TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$583,029TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$583,029ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$583,029TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationFRAMEWORKS COMMUNITY DEVELOPMENT CORPORATION, INC. IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES ON THEIR OPERATING INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT TO THE EXTENT OF UNRELATED BUSINESS INCOME, IF ANY. THE MOST SIGNIFICANT TAX POSITIONS OF FRAMEWORKS CDC ARE ITS ASSERTION THAT IT IS EXEMPT FROM INCOME TAXES AND ITS DETERMINATION OF WHETHER ANY AMOUNTS ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT). MANAGEMENT HAS DETERMINED THAT FRAMEWORKS HAD NO ACTIVITIES SUBJECT TO UBIT DURING THE YEAR ENDED DECEMBER 31, 2021. ALL SIGNIFICANT TAX POSITIONS HAVE BEEN CONSIDERED BY MANAGEMENT AND IT HAS DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ALL TAX POSITIONS WOULD BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. FRAMEWORKS CDC IS REQUIRED TO FILE FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX). ALL TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS) GENERALLY UP TO THREE YEARS FROM THE LATER OF THE ORIGINAL DUE DATE OR THE DATE THE TAX RETURN WAS FILED. THE DECEMBER 31, 2018, AND SUBSEQUENT TAX YEARS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE DRAFT 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS, TYPICALLY VIA EMAIL FOR APPROVAL PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE BOARD OF DIRECTORS REGULARY MONITORS AND ENFORCES THE CONFLICT OF INTEREST POLICY AT EACH MEETING.
FORM 990, PART VI, SECTION B, LINE 15ATHE TEXAS ASSOCIATION OF COMMUNITY DEVELOPMENT CORPORATIONS (TACDC), A STATEWIDE ASSOCIATION OF COMMUNITY DEVELOPMENT CORPORATIONS PRODUCES AN ANNUAL SALARY REPORT THAT IS USED.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION WILL MAKE AVAILABLE THEIR GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS TO INTERESTED PARTIES WHO REQUEST THEM.
PART XII, LINE 2C EXPLANATIONTHE OVERSIGHT POLICIES AND SELECTION OF AN INDEPENDENT ACCOUNTANT BY THE AUDIT COMMITTEE HAS NOT CHANGED SINCE THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtTotal IncomeTotalIncomeAmt
FRAMEWORKS WESTGATE PROJECT LLC
701 TILLERY ST STE A-7BAUSTINTX78702PURCHASE OF REAL PROPERTYTXFRAMEWORKS COMMUNITY DEVELOPMENT CORPORATION INC
FRAMEWORKS WESTGATE PROJECT II LLC
701 TILLERY ST STE A-7BAUSTINTX78702PURCHASE OF REAL PROPERTYTXFRAMEWORKS COMMUNITY DEVELOPMENT CORPORATION INC
DDC MERRITT HERITAGE GP LLC
1515 W 35TH ST STE CAUSTINTX78703PURCHASE OF REAL PROPERTYTXFRAMEWORKS COMMUNITY DEVELOPMENT CORPORATION INC-$45

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1DDC MERRITT HERITAGE LTDBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11515 W 35TH ST STE CAddressLine1Txt
CityAUSTINCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78703ZIPCd
FieldValueIRS element (for citing)
Primary ActivitiesPURCHASE OF REAL PROPERTYPrimaryActivitiesTxt
Legal Domicile StateTXLegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1DDC MERRITT HERITAGE GP LLCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Disproportionate Allocations0DisproportionateAllocationsInd
General Or Managing PartnerYes (1)GeneralOrManagingPartnerInd
Ownership0.00010OwnershipPct

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1DDC MERRITT HERITAGE LTDBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11515 W 35TH ST STE CAddressLine1Txt
CityAUSTINCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78703ZIPCd
FieldValueIRS element (for citing)
Primary ActivitiesPURCHASE OF REAL PROPERTYPrimaryActivitiesTxt
Legal Domicile StateTXLegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1FRAMEWORKS COMMUNITY DEVELOPMENT CORPORATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeCEntityTypeTxt
Ownership1.00000OwnershipPct
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 Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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