2021-10-14T14:35:07-05:00 2020-12-31 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2020-01-01 133238657 NONPROFIT FINANCE FUND NONP 2128686710 5 HANOVER SQUARE 9TH FL NEW YORK NY 10004 TRELLA WALKER INTERIM CEO AND PRESIDENT 2128686710 2021-10-13 1 TRELLA WALKER 999009999 GARRETT M HIGGINS P00543209 9143818900 2021-10-13 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z TRELLA WALKER 5 HANOVER SQUARE 9TH FL NEW YORK NY 10004 54019339 0 X NFF.ORG X 1984 NY SUPPORTS MISSION-DRIVEN ORGANIZATIONS WITH FINANCING, ADVICE AND KNOWLEDGE. 14 13 99 16 0 0 9858573 40313598 12614257 13641057 26101 19999 22826 44685 22521757 54019339 981082 1157814 0 0 11729713 12111916 0 0 1612785 11031970 6939128 23742765 20208858 -1221008 33810481 192260531 311084073 147647674 232660735 44612857 78423338 X NONPROFIT FINANCE FUND IS A NONPROFIT LENDER, CONSULTANT, AND ADVOCATE. FOR MORE THAN 40 YEARS, WE'VE WORKED TO STRENGTHEN NONPROFIT ORGANIZATIONS AND IMPROVE THE WAY MONEY FLOWS TO SOCIAL GOOD. WE ARE COMMITTED TO BUILDING A MORE EQUITABLE AND JUST SOCIAL SECTOR, AND HELPING COMMUNITY-CENTERED ORGANIZATIONS LED BY AND SERVING PEOPLE OF COLOR ACCESS THE MONEY AND RESOURCES THEY NEED TO REALIZE THEIR COMMUNITIES' ASPIRATIONS. 0 0 14923347 1157814 13641057 NFF ADVANCES ECONOMIC AND SOCIAL PROGRESS IN COMMUNITIES THROUGH FINANCING, CONSULTING, PARTNERSHIPS, AND KNOWLEDGE-SHARING THAT HELP MISSION-DRIVEN ORGANIZATIONS ADAPT, THRIVE, AND DRIVE POSITIVE CHANGE. FINANCING: AS A NATIONAL COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) AND LONGTIME IMPACT INVESTOR, NFF PROVIDES FINANCING TO MISSION-DRIVEN ORGANIZATIONS, INCLUDING NONPROFITS AND SOCIAL ENTERPRISES, THAT ARE WORKING HARD TO REALIZE THE HIGHEST ASPIRATIONS OF THEIR COMMUNITIES. WE DO THIS BY AGGREGATING CAPITAL FROM A VARIETY OF SOURCES, INCLUDING BANKS, FOUNDATIONS, AND GOVERNMENT, AND USING THAT CAPITAL TO PROVIDE A RANGE OF FINANCIAL PRODUCTS, INCLUDING LOANS, LINES OF CREDIT, AND NEW MARKETS TAX CREDITS, AMONG OTHERS. OUR BORROWERS USE OUR FINANCING TO UNDERTAKE FACILITY-RELATED PROJECTS, SMOOTH AND MANAGE CASH FLOW, AND ADAPT TO NEW BUSINESS NEEDS. IN 2020, THIS FINANCING HELPED MANY ORGANIZATIONS' RESPOND TO THE PANDEMIC WITH THE ABILITY TO EXPAND, ADAPT, AND MODIFY THEIR SERVICES. WE ALSO FACILITATE THE FLOW OF THIRD-PARTY CAPITAL TO MISSION-DRIVEN ORGANIZATIONS BY WORKING WITH OR PROVIDING GUIDANCE TO OTHERS (E.G., FUNDERS, PHILANTHROPIC INSTITUTIONS, GOVERNMENT AGENCIES, CORPORATIONS) WHO ARE USING PROGRAM-RELATED INVESTMENTS, LOANS, GRANTS, AND OTHER FINANCING MECHANISMS FOR CHARITABLE PURPOSES AND TO CREATE POSITIVE SOCIAL CHANGE. IN 2020, NFF CLOSED $124 MILLION TO 136 ORGANIZATIONS AND MANAGED A $371 MILLION PORTFOLIO OF FINANCINGS TO EDUCATIONAL INSTITUTIONS, HEALTH CENTERS, HUMAN SERVICES PROVIDERS, AND OTHER ORGANIZATIONS SERVING AND CREATING TRANSFORMATIONAL IMPACT IN LOW-INCOME COMMUNITIES AND FAMILIES. THIS INCLUDED $78 MILLION OF PROGRAM-RELATED CONCESSIONARY LOANS FROM A RANGE OF PHILANTHROPIC INVESTORS. NFF USED THESE FUNDS TO PROVIDE NO-INTEREST LOAN FUNDS TO COMMUNITY ORGANIZATIONS ACROSS THE COUNTRY IN RESPONSE TO NONPROFITS' NEED FOR FLEXIBLE CAPITAL TO COPE WITH PROGRAMMATIC, OPERATIONAL AND FINANCIAL CHANGES, AND REVENUE LOSS RESULTING FROM THE COVID-19 PANDEMIC. NFF ALSO PROVIDED $367,000 IN UNRESTRICTED GRANT FUNDS TO COMMUNITY ORGANIZATIONS WITH LIMITED ACCESS TO OTHER RECOVERY FUNDS AND FOCUSED ON SUPPORTING NONPROFITS LED BY PEOPLE OF COLOR.CONSULTING AND PARTNERING: WE ARE A LEADING FINANCIAL CONSULTING PRACTICE PROVIDING SOLUTIONS-BASED ADVICE AND PARTNERSHIP TO HELP NONPROFITS AND THEIR FUNDERS ADDRESS CHANGE, CHALLENGE, OR OPPORTUNITY. WHETHER THROUGH IN-DEPTH CONSULTING SERVICES, GROUP CLINICS, OR LONG-TERM PARTNERSHIPS, NFF CONSULTANTS WORK WITH NONPROFITS AND FUNDERS TO CONNECT MISSION, PROGRAM GOALS, AND RESULTS TO FINANCIAL STRATEGY, AND ENGAGE AND FACILITATE FUNDING THAT PROMOTES EQUITY. IN 2020, WE CONDUCTED EDUCATIONAL ACTIVITIES AND TRAINING, AND PROVIDED CUSTOMIZED TECHNICAL SUPPORT THAT HELPED 205 ORGANIZATIONS AND REACHED 3,750 NONPROFIT LEADERS. NFF'S REMOTE WORKSHOPS AND WEBINARS OFFERED NONPROFIT LEADERS INSIGHTS, TOOLS, AND GUIDANCE TO OPTIMIZE THEIR RESOURCES, INCORPORATE FINANCIAL DATA AND KNOWLEDGE INTO PLANNING AND DECISION-MAKING, AND STRENGTHEN THEIR ABILITY TO ADAPT TO AN EVER-CHANGING ENVIRONMENT. WE ALSO PROVIDED STRATEGIC ADVICE TO FUNDERS AND INVESTORS, RAISING AWARENESS OF THE FINANCIAL ISSUES AFFECTING NONPROFITS THEY SUPPORT AND ADVOCATING FOR PRACTICES TO ENSURE THAT ORGANIZATIONS ARE POSITIONED TO ACHIEVE THEIR GOALS. IN 2020, CONSULTANTS OFFERED FREE WEBINARS ON ISSUES LIKE ACCESSING FEDERAL FUNDING THROUGH THE PAYCHECK PROTECTION PROGRAM AND SHARED PRACTICAL TOOLS ONLINE WITH THE GOAL OF PROVIDING ACCESSIBLE ANSWERS TO THE FINANCIAL QUESTIONS NONPROFITS AND FUNDERS WERE ASKING ABOUT HOW TO NAVIGATE THE CURRENT AND FUTURE CRISES.LEARNING AND SHARING: WE SHARE CUTTING-EDGE DATA, INSIGHTS, AND RESOURCES TO SUPPORT SOCIAL CHANGE AND ILLUMINATE PATHS TO SOLVING COMPLEX ISSUES. WE USE OUR WEBSITE, PUBLICATIONS, SOCIAL MEDIA, AND OTHER MULTIMEDIA PLATFORMS TO MAKE CONTENT ABOUT WHAT WE ARE LEARNING WIDELY ACCESSIBLE. IN 2020, WE CONDUCTED A NATIONAL SURVEY WITH 465 RESPONDENTS TO ASSESS NONPROFITS' CHALLENGES IN THE EARLY WEEKS OF COVID-19 PANDEMIC AND LIFT UP THEIR MOST PRESSING NEEDS. WE CREATED TOOLS AND RESOURCES FOR NONPROFITS AND FUNDERS TO HELP NAVIGATE THE IMPACT OF COVID-19, INCLUDING 17 FREE WEBINARS WITH 260 ATTENDEES, AND AN "ASK NFF" EMAIL ADDRESS FOR PEOPLE TO SEND QUESTIONS DIRECTLY TO STAFF CONSULTANTS. AS A CONTINUATION OF NFF'S THOUGHT LEADERSHIP ON FULL COST, WE CREATED A DEDICATED RESOURCE SITE ON NFF.ORG AND PRODUCED 12 PIECES OF CONTENT THAT ADDRESS THE IMPORTANCE OF FULL COST PAYMENTS. WE ALSO LAUNCHED A VIDEO SERIES TITLED "WHERE WE GO FROM HERE" FEATURING CONVERSATIONS WITH SOCIAL SECTOR LEADERS OF COLOR WITH THE GOAL OF INFORMING NEW FUNDING MODELS THAT PUT POWER IN THE HANDS OF THOSE CLOSEST TO THE PROBLEMS. 14923347 1 1 0 1 0 0 0 0 1 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 36 0 99 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA IL NJ NY PA MA MI X X X ALIK HINCKSON INTERIM CFO 2124574700 5 HANOVER SQUARE 9TH FLOOR NEW YORK NY 10004 ANTONY BUGG-LEVINE PRESIDENT/CEO 50.00 2.00 X X 462164 0 60646 HENRY RAMOS BOARD CHAIR 2.00 X X 0 0 0 STEPHEN DEBERRY TREASURER THRU 6/17/20 / DIRECTOR 2.00 2.00 X X 0 0 0 JOHN TAYLOR TREASURER 2.00 X X 0 0 0 PHILLIP CLAY SECRETARY 2.00 2.00 X X 0 0 0 ANDREW B COHN SECRETARY THRU 6/17/20 2.00 X X 0 0 0 BETH BAFFORD DIRECTOR 2.00 2.00 X 0 0 0 DAVID ERICKSON DIRECTOR THRU 6/2/20 2.00 2.00 X 0 0 0 RODNEY FOXWORTH DIRECTOR 2.00 2.00 X 0 0 0 TESSIE GUILLERMO DIRECTOR 2.00 X 0 0 0 CHRIS IGLESIAS DIRECTOR 2.00 2.00 X 0 0 0 NIKE IRVIN DIRECTOR 2.00 2.00 X 0 0 0 JOE MCCANNON DIRECTOR 2.00 2.00 X 0 0 0 ROB MCKAY DIRECTOR 2.00 X 0 0 0 RUTH SALZMAN DIRECTOR THRU 6/17/20 2.00 2.00 X 0 0 0 LISA WILLIAMS DIRECTOR 2.00 X 0 0 0 GEORGETTE WONG DIRECTOR 2.00 2.00 X 0 0 0 KRISTINA DIXON CHIEF FINANCIAL OFFICER 50.00 2.00 X 228497 0 6851 CRAIG REIGEL CHIEF FINANCIAL OFFICER THRU 1/10/20 50.00 2.00 X 122209 0 13938 NORAH MCVEIGH MANAGING DIRECTOR 50.00 2.00 X 314369 0 55695 KRISTIN GIANTRIS MANAGING DIRECTOR 50.00 X 309675 0 47077 JENNIFER TALANSKY MANAGING DIRECTOR 50.00 X 234220 0 56317 JENNIFER KAWAR VP & CHIEF INVESTMENT OFFICER 50.00 X 178170 0 39044 SHAWN LUTHER VP, CHIEF CREDIT OFFICER 50.00 X 195863 0 13852 KATHYRN OLSEN VP LENDING - FINANCIAL SERVICES 50.00 X 155238 0 9706 JESSICA LABARBERA VICE PRESIDENT - ADVISORY SERVICES 50.00 X 157728 0 45033 ANDREA BRISCOE VP/TALENT AND ORG. EFFECTIVENESS 50.00 X 153474 0 36762 2511607 0 384921 40 0 1 0 0 100000 4548022 35665576 40313598 INTEREST ON LOANS 900099 9317332 9317332 PRGM & CONTRACT FEES 900099 2426742 2426742 LOAN AND FINAN. FEES 900099 1896983 1896983 13641057 19999 19999 25440 0 25440 25440 25440 REAL ESTATE TAX ABATEMENT 900099 19245 19245 19245 54019339 13641057 0 64684 1157814 1157814 1911658 723022 866273 322363 8054742 5847070 1499186 708486 441587 291440 104612 45535 1011740 721534 203047 87159 692189 459636 162027 70526 323144 253321 69823 42694 20133 22561 99425 64626 24856 9943 3500 3500 513009 319017 92802 101190 3413 2642 771 189088 124698 46371 18019 261838 162989 68849 30000 1111516 697867 269713 143936 122603 91722 15446 15435 2300 2300 2827238 2827238 359264 230140 89605 39519 87709 54486 22149 11074 PROVISION FOR LOAN LOSS 780686 780686 RECRUITING/TRAINING 116700 29682 87018 DUES & MEMBERSHIPS 30181 10460 10121 9600 MAINTENANCE & REPAIRS 24082 18001 6081 40738 29323 11415 20208858 14923347 3672726 1612785 17553999 38974575 13458312 30557788 4516903 8198864 4000014 3961364 266951 191719 4105982 2229310 2192495 1876672 17945 15584 150163778 227217373 90134 90134 192260531 311084073 2516367 1628315 9439544 6116134 86242 86242 129700000 111756556 4247750 109340472 1657771 3733016 147647674 232660735 X 25676514 48556630 18936343 29866708 44612857 78423338 192260531 311084073 33810481 0 X X 0 1 X 1 1 1 X 17080404 5592149 9460209 9858573 40313598 82304933 17080404 5592149 9460209 9858573 40313598 82304933 18164882 64140051 4210 5305 13636 22087 45439 90677 1996 3515 2641 20706 19245 48103 82443713 60341991 0.77800 0.67820 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2016 AMOUNT: $ 1,250. 2017 AMOUNT: $ 3,515. 2018 AMOUNT: $ 2,641. 2019 AMOUNT: $ 7. REFUND - 2016 AMOUNT: $ 746. REAL ESTATE TAX ABATEMENT - 2019 AMOUNT: $ 15,528. 2020 AMOUNT: $ 19,245. PRINCIPAL REPAYMENTS FROM LOANS - 2019 AMOUNT: $ 5,171. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3500 3500 18592573 18596073 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 9250 3500 12750 250000 250000 250000 250000 1000000 1500000 0 1 X 2185283 758695 1426588 1253810 1092352 161458 666889 378263 288626 1876672 PROGRAM LOANS AND INTEREST RECEIVABLE 227217373 C 227217373 PAYCHECK PROTECTION PROGRAM LOAN 2082400 OFFICE LEASEHOLD COMMITMENTS 1650616 3733016 X 54549206 529867 529867 54019339 0 54019339 20738725 529867 529867 20208858 0 20208858 PART IV, LINE 2B: NONPROFIT FINANCE FUND HELD A CUSTODIAL BANK ACCOUNT FOR A NEW MARKET TAX CREDIT OF WHICH NONPROFIT FINANCE FUND IS A MINIMAL PARTNER OF .01% AND THE FUNDS ARE USED AS OBLIGATION PAYMENTS AS AUTHORIZED BY THE PARTNERSHIP. PART X, LINE 2: THE FUND'S ACCOUNTING POLICY IS TO DISCLOSE LIABILITIES FOR UNCERTAIN TAX POSITIONS WHEN A LIABILITY IS PROBABLE AND ESTIMABLE. MANAGEMENT IS NOT AWARE OF ANY VIOLATION OF ITS TAX STATUS AS AN ORGANIZATION EXEMPT FROM INCOME TAXES, NOR OF ANY EXPOSURE TO UNRELATED BUSINESS INCOME TAX. THE FUND IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR THE PERIODS PRIOR TO 2017. 1 BROADWAY ADVOCACY COALITION 250 W 99TH ST 6 NEW YORK NY 10025 823374845 501(C)(3) 19000 PROVIDE EMERGENCY FUNDING TO NONPROFITS AFFECTED BY THE COVID-19 CRISIS CENTER FOR THE EMPOWERMENT OF FAMIL 127 S BRAND AVE 201 GLENDALE CA 91204 205218668 501(C)(3) 12160 PROVIDE EMERGENCY FUNDING TO NONPROFITS AFFECTED BY THE COVID-19 CRISIS COMMUNITY PARTNERS 1000 N ALAMEDA ST SUITE 240 LOS ANGELES CA 900121804 954302067 501(C)(3) 18265 PROVIDE EMERGENCY FUNDING TO NONPROFITS AFFECTED BY THE COVID-19 CRISIS DIMENSIONS DANCE THEATRE 1428 ALICE ST SUITE 308 OAKLAND CA 94612 237279914 501(C)(3) 7500 PROVIDE EMERGENCY FUNDING TO NONPROFITS AFFECTED BY THE COVID-19 CRISIS FAMILIES FOR FREEDOM 35 W 31ST ST SUITE 702 NEW YORK NY 10001 202798922 501(C)(3) 19000 PROVIDE EMERGENCY FUNDING TO NONPROFITS AFFECTED BY THE COVID-19 CRISIS FIERCE 147 W 24TH ST NEW YORK NY 10011 030518774 501(C)(3) 19000 PROVIDE EMERGENCY FUNDING TO NONPROFITS AFFECTED BY THE COVID-19 CRISIS HAYIYA DANCE THEATER 3378 BROOKDALE SUITE I MACON GA 31204 274671584 501(C)(3) 17556 PROVIDE EMERGENCY FUNDING TO NONPROFITS AFFECTED BY THE COVID-19 CRISIS LEADERSHIP NEWARK 494 BROAD ST SUITE LL10 NEWARK NJ 07102 311659369 501(C)(3) 15200 PROVIDE EMERGENCY FUNDING TO NONPROFITS AFFECTED BY THE COVID-19 CRISIS MILPA 339 MELODY LANE SALINAS CA 93901 832137871 501(C)(3) 19000 PROVIDE EMERGENCY FUNDING TO NONPROFITS AFFECTED BY THE COVID-19 CRISIS SOUTH ASIAN AMERICANS LEADING TOGETHER 6930 CARROLL AVE SUITE 506 TAKOMA PARK MD 20912 522216665 501(C)(3) 19000 PROVIDE EMERGENCY FUNDING TO NONPROFITS AFFECTED BY THE COVID-19 CRISIS SUGGAMAMA'S DIABETES EDUCATION 5398 WYNNEFIELD AVE PHILADELPHIA PA 19131 822533716 501(C)(3) 11800 PROVIDE EMERGENCY FUNDING TO NONPROFITS AFFECTED BY THE COVID-19 CRISIS THIRD ROOT COMMUNITY HEALTH CENTER 380 MARLBOROUGH RD BROOKLYN NY 11226 263180222 501(C)(3) 19000 PROVIDE EMERGENCY FUNDING TO NONPROFITS AFFECTED BY THE COVID-19 CRISIS AFRICAN REFUGE INC 185 PARK HILL AVE SUITE LB STATEN ISLAND NY 10304 010873188 501(C)(3) 13000 COVID-19 RESPONSE AND IMPACT FUND BORO PARK JEWISH COMMUNITY COUNCIL INC 1310 46TH STREET BROOKLYN NY 11219 113475993 501(C)(3) 13000 COVID-19 RESPONSE AND IMPACT FUND CHILDREN OF THE CITY INC 740 40TH STREET BROOKLYN NY 11232 113308972 501(C)(3) 13000 COVID-19 RESPONSE AND IMPACT FUND FAN4KIDS 538 CLINTON AVE 1 BROOKLYN NY 11238 260092086 501(C)(3) 13000 COVID-19 RESPONSE AND IMPACT FUND FOSTERING CHANGE FOR CHILDREN 1360 FULTON STREET SUITE 421 BROOKLYN NY 11216 202242921 501(C)(3) 13000 COVID-19 RESPONSE AND IMPACT FUND KINGS AGAINST VIOLENCE INITIATIVE INC 451 CLARKSON AVE SUITE A-7221 BROOKLYN NY 11203 811626947 501(C)(3) 13000 COVID-19 RESPONSE AND IMPACT FUND MEKONG INC 2471 UNIVERSITY AVE BASEMENT BRONX NY 10468 800834777 501(C)(3) 13000 COVID-19 RESPONSE AND IMPACT FUND NEW YORK STATE TENANTS AND NEIGHBORS 255 W 36TH STREET SUITE 505 NEW YORK NY 10018 141761209 501(C)(3) 13000 COVID-19 RESPONSE AND IMPACT FUND SURE WE CAN INC 219 MCKIBBIN STREET BROOKLYN NY 11206 261217947 501(C)(3) 13000 COVID-19 RESPONSE AND IMPACT FUND CAPITAL IMPACT PARTNERS 1400 CRYSTAL DRIVE SUITE 500 ARLINGTON VA 22202 521290127 501(C)(3) 133333 TO SUPPORT INTERNAL TRAINING & PRACTICE ENHANCEMENTS BOARD OF TRUSTEES OF MICHIGAN STATE UNIVERSITY 360 ADMINISTRATION BUILDING EAST LANSING MI 488241046 386005984 501(C)(3) 10000 TO SUPPORT A PILOT PROGRAM MELLON_DIGITAL HUMANITIES PHASE 2_2020 GEORGE MASON UNIVERSITY 4400 UNIVERSITY DRIVE FAIRFAX VA 22030 540836354 GOVERNMENT 10000 TO SUPPORT A PILOT PROGRAM MELLON_DIGITAL HUMANITIES PHASE 2_2020 HBCU LIBRARY ALLIANCE 111 JAMES P BRAWLEY DRIVE SW ATLANTA GA 30314 204588770 501(C)(3) 10000 TO SUPPORT A PILOT PROGRAM MELLON_DIGITAL HUMANITIES PHASE 2_2020 REGENTS OF THE UNIVERSITY OF MICHIGAN 3003 S STATE STREET 5082 WOLVERINE TOMER ANN ARBOR MI 48109 386006309 501(C)(3) 10000 TO SUPPORT A PILOT PROGRAM MELLON_DIGITAL HUMANITIES PHASE 2_2020 RHIZOME COMMUNICATIONS INC 235 BROADWAY NEW YORK NY 10002 133995725 501(C)(3) 10000 TO SUPPORT A PILOT PROGRAM MELLON_DIGITAL HUMANITIES PHASE 2_2020 SOUTH ASIAN AMERICAN DIGITAL ARCHIVE 1900 MARKET STREET FLOOR 8 PHILADELPHIA PA 19103 263001212 501(C)(3) 10000 TO SUPPORT A PILOT PROGRAM MELLON_DIGITAL HUMANITIES PHASE 2_2020 CALVERT IMPACT CAPITAL INC 7315 WISCONSIN AVE SUITE 1000W BETHESDA MD 20814 521591398 501(C)(3) 130000 GRANT FOR COVID-19 RELIEF FOR UNDERSERVED, VULNERABLE POPULATIONS COMMUNITY REINVESTMENT FUND INC 801 NICOLLETT MALL SUITE 1700 W MINNEAPOLIS MN 55402 411616861 501(C)(3) 130000 GRANT FOR COVID-19 RELIEF FOR UNDERSERVED, VULNERABLE POPULATIONS ENGAGEWELL IPA 139 ROCHESTER AVE 2ND FLOOR BROOKLYN NY 11213 320525858 40000 BUILDING CAPACITY, RESILIENCE, & HEALTH PARTNERSHIPS METROPOLITAN ALLIANCE OF CONNECTED COMMUNITES 414 8TH STREET SOUTH MINNEAPOLIS MN 55404 411959688 501(C)(3) 40000 BUILDING CAPACITY, RESILIENCE, & HEALTH PARTNERSHIPS THOMAS JEFFERSON AREA COALITION FOR THE HOMELESS PO BOX 34 CHARLOTTESVILLE VA 22902 264577927 501(C)(3) 40000 BUILDING CAPACITY, RESILIENCE, & HEALTH PARTNERSHIPS CITIZENS COMMITTEE FOR NEW YORK CITY INC 77 WATER STREET SUITE 202 NEW YORK NY 10005 510171818 501(C)(3) 180000 COVID-19 RECOVERY 33 1 PART I, LINE 2: NONPROFIT FINANCE FUND (NFF) MAKES GRANTS TO OTHER NONPROFIT ORGANIZATIONS AS PART OF A VARIETY OF FUNDER-SPECIFIC INITIATIVES AND IN A MANNER THAT ALIGNS WITH NFF'S MISSION. RECIPIENTS ARE OFTEN SELECTED THROUGH A COMPETITIVE PROCESS. GRANTS ARE REVIEWED AND APPROVED BASED UPON THE CRITERIA ESTABLISHED BY THE FUNDER AND THE GRANTEES' CAPACITY TO SERVE THEIR COMMUNITIES AND TO FURTHER THEIR CHARITABLE MISSION. GRANTS ARE ONLY DISBURSED AFTER RECEIVING WRITTEN AND SIGNED ACKNOWLEDGEMENT BY THE GRANTEE OF THE RESTRICTIONS ON THE GRANT. AFTER DISBURSEMENT AND DURING THE TERM OF GRANT, THE GRANTEE IS REQUIRED PROVIDE PERIODIC REPORTS RELATED TO GRANT COMPLIANCE. NFF STAFF CHECKS IN WITH THE GRANT RECIPIENTS AT AGREED UPON INTERVALS TO SEE HOW THE GRANT FUNDED WORK IS PROGRESSING. SOME GRANTS REQUIRE REPORTING AT REGULAR INTERVALS AND A SUMMARY OF IMPACT. X X X 1 0 0 0 0 0 0 1 0 ANTONY BUGG-LEVINE PRESIDENT/CEO 330164 0 132000 0 0 0 25266 0 35380 0 522810 0 0 0 NORAH MCVEIGH MANAGING DIRECTOR 250869 0 63500 0 0 0 19205 0 36490 0 370064 0 0 0 KRISTIN GIANTRIS MANAGING DIRECTOR 263675 0 46000 0 0 0 18930 0 28147 0 356752 0 0 0 JENNIFER TALANSKY MANAGING DIRECTOR 205720 0 28500 0 0 0 14750 0 41567 0 290537 0 0 0 KRISTINA DIXON CHIEF FINANCIAL OFFICER 185997 0 42500 0 0 0 5150 0 1701 0 235348 0 0 0 JENNIFER KAWAR VP & CHIEF INVESTMENT OFFICER 178170 0 0 0 0 0 10929 0 28115 0 217214 0 0 0 SHAWN LUTHER VP, CHIEF CREDIT OFFICER 190863 0 5000 0 0 0 11830 0 2022 0 209715 0 0 0 JESSICA LABARBERA VICE PRESIDENT - ADVISORY SERVICES 144928 0 12800 0 0 0 10160 0 34873 0 202761 0 0 0 ANDREA BRISCOE VP/TALENT AND ORG. EFFECTIVENESS 140514 0 12960 0 0 0 9431 0 27331 0 190236 0 0 0 KATHYRN OLSEN VP LENDING - FINANCIAL SERVICES 142438 0 12800 0 0 0 9329 0 377 0 164944 0 0 0 PART I, LINE 4A PURSUANT TO THE TERMS AND CONDITIONS STIPULATED IN CRAIG REIGEL 'S SEVERANCE AGREEMENT, THE ORGANIZATION PAID A SEVERANCE PAYMENT TO CRAIG REIGEL IN THE AMOUNT OF $70,096 IN 2020. PART I, LINE 7 THE INDIVIDUALS REPORTED IN PART II RECEIVED A DISCRETIONARY BONUS AS REPORTED IN COLUMN (II). THE BONUS OF THE PRESIDENT/CEO WAS APPROVED BY THE BOARD BASED ON PERFORMANCE AGAINST ESTABLISHED GOALS. THE BOARD ALSO APPROVED THE BONUS POOL FOR SENIOR EMPLOYEES THAT DIRECTLY REPORT TO THE PRESIDENT/CEO. FORMER CFO, CRAIG REIGEL ALSO RECEIVED A DISCRETIONARY BONUS WHICH IS INCLUDED IN HIS COMPENSATION REPORTED IN PART VII, COLUMN (D). FORM 990, PART VI, SECTION B, LINE 11B THE THE FORM 990 IS PREPARED BY AN EXTERNAL PROFESSIONAL ACCOUNTING FIRM AND IS REVIEWED BY INTERNAL MANAGEMENT/CFO. UPON COMPLETION OF THE FORM 990, THE RETURN IS SENT VIA ELECTRONIC MAIL TO MEMBERS OF THE AUDIT COMMITTEE OF NONPROFIT FINANCE FUND FOR THEIR PRELIMINARY REVIEW. THESE MATERIALS ARE SENT IN ADVANCE OF THE MEETING. DURING THE MEETING, A REVIEW OF THE FORM IS CONDUCTED AND THE COMMITTEE EITHER APPROVES THE 990 OR RECOMMENDS CHANGES, WHICH ARE SUBSEQUENTLY MADE AND THE FORM IS REDISTRIBUTED TO COMMITTEE MEMBERS VIA ELECTRONIC MAIL FOR THEIR APPROVAL. THE MEMBERS MAY ALSO ELECT TO HOLD A SECOND MEETING TO REVIEW ANY CHANGES. ONCE THE FORM 990 IS APPROVED, IT IS PROVIDED ELECTRONICALLY TO THE FULL BOARD OF DIRECTORS, PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C NONPROFIT FINANCE FUND'S CONFLICT OF INTEREST AND DISCLOSURE POLICY IS APPLICABLE TO ALL DIRECTORS, OFFICERS, COMMITTEE MEMBERS AND KEY EMPLOYEES. AT THE BEGINNING OF EACH YEAR, ALL SUCH PERSONS ARE ASKED TO SIGN A STATEMENT AFFIRMING THAT THE INDIVIDUAL HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST AND DISCLOSURE POLICY, HAS READ AND UNDERSTANDS THE POLICY AND AGREES TO COMPLY WITH THE POLICY. THE POLICY REQUIRES THAT ALL POTENTIAL CONFLICTS BE REPORTED TO THE BOARD OF DIRECTORS OR RELEVANT COMMITTEE TO DETERMINE IF A CONFLICT EXISTS AND IF SO, THAT IT BE ADDRESSED IN AN APPROPRIATE MANNER CONSISTENT WITH THE POLICY. THE POLICIES ALSO PROVIDE THAT INTERESTED PERSONS MAY NOT PARTICIPATE WHEN A POTENTIAL CONFLICT IS DETERMINED NOR BE PRESENT FOR THE APPROVAL OF ANY TRANSACTION OR BUSINESS INVOLVING THE INTERESTED PARTY. FORM 990, PART VI, SECTION B, LINE 15A NONPROFIT FINANCE FUND'S BOARD OF DIRECTORS IS RESPONSIBLE FOR DETERMINING THE COMPENSATION OF THE CEO. THE BOARD APPROVED THE COMPENSATION COMMITTEE'S RECOMMENDATION OF BASE SALARY AND TARGET BONUS. THESE RECOMMENDATIONS WERE BASED UPON FACTORS INCLUDING COMPENSATION PAID BY SIMILAR ORGANIZATIONS AND COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS. IN 2019, THE BOARD REVIEWED THE CEO'S PERFORMANCE AGAINST ESTABLISHED GOALS, AND THEN ADJUSTED THE CEO'S SALARY FOR 2020. EACH OF THESE DECISIONS WAS DOCUMENTED IN CONTEMPORANEOUS MINUTES. SENIOR STAFF REPORTING DIRECTLY TO THE CEO ARE PAID SALARIES DETERMINED BY THE CEO. FOR 2020 THE BOARD REVIEWED AND APPROVED A TOTAL POOL FOR BASE SALARY CHANGES AND BONUSES FOR THIS GROUP. THIS APPROVAL WAS CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES. THE CEO DETERMINED THE AMOUNT OF EACH INDIVIDUAL ADJUSTMENT AND BONUS WITHIN THOSE POOLS BASED UPON ENTERPRISE AND INDIVIDUAL PERFORMANCE AND SCOPE OF RESPONSIBILITIES. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE SERVICE CODE. IN ADDITION, THE FORMS 990, FORM 1023, FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION, AND BYLAWS ARE AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION. FORM 990, PART XII, LINE 2C: NONPROFIT FINANCE FUND HAS AN AUDIT COMMITTEE, COMPOSED OF INDEPENDENT BOARD MEMBERS, THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR. 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