COMMUNITY FINANCE CORPORATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- COMMUNITY FINANCE CORPORATION (EIN 86-0683138)
- Tax period
- 2019-10-01 to 2020-09-30
- Filed
- 2021-08-12
- IRS object ID
- 202112249349100511
- Schema version
- 2019v5.0
- 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 | 2021-08-12T17:37:35-05:00 | ReturnTs |
| Tax Period End | 2020-09-30 | 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 EAST 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 | 2019-10-01 | 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 | 2020-08-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RONALD D KOVAR JR CPA | PreparerPersonNm |
| PTIN | P01218573 | PTIN |
| Phone | 5207223643 | PhoneNum |
| Preparation | 2021-08-12 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | 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 | $284,744,884 | 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 | $1,195 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,195 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $1,195 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $909,768 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $909,768 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $909,768 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $57,923,823 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $57,619,153 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $57,923,823 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $57,584,729 | NetRentalIncomeOrLossAmt |
| Other Income Rev And Expnss | $818,251 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $818,251 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $818,251 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $59,653,037 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $59,348,367 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $59,653,037 | TotalAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $44,495 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $44,495 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $44,495 | AccountingFeesAdjNetIncmAmt |
| Other Prof Fees Rev And Expnss | $40,185,664 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $40,185,664 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $40,185,664 | OtherProfFeesAdjNetIncmAmt |
| Interest Rev And Expnss | $9,752,541 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $9,601,874 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $9,752,541 | InterestAdjNetIncmAmt |
| Deprec And Dpltn Rev And Expnss | $3,561,013 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $3,475,385 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $3,561,013 | DeprecAndDpltnAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $5,859,402 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $5,756,603 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $5,859,402 | OtherExpensesAdjNetIncmAmt |
| Tot Opr Expenses Rev And Expnss | $59,403,115 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $59,064,021 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $59,403,115 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $150,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $150,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $59,553,115 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $59,064,021 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $59,403,115 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $150,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $99,922 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $284,346 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $249,922 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $930,977 | CashBOYAmt |
| Cash EOY | $870,261 | CashEOYAmt |
| Cash EOYFMV | $870,261 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $32,794,035 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $75,570,636 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $75,570,636 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $1,388,941 | AcctRcvblAmt |
| Acct Rcvbl BOY | $372,816 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $1,388,941 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $1,388,941 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $125,849 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $252,628 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $252,628 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $63,471,537 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $110,718,215 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $110,718,215 | USGovtObligationsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $130,196,373 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $49,280,672 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $80,082,830 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $80,915,701 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $80,915,701 | LandBldgInvestmentsEOYFMVAmt |
| Other Assets BOY | $8,878,997 | OtherAssetsBOYAmt |
| Other Assets EOY | $15,028,502 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $15,028,502 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $186,657,041 | TotalAssetsBOYAmt |
| Total Assets EOY | $284,744,884 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $284,744,884 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $11,031,226 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $14,025,721 | AccountsPayableEOYAmt |
| Deferred Revenue BOY | $3,938,267 | DeferredRevenueBOYAmt |
| Deferred Revenue EOY | $13,371,602 | DeferredRevenueEOYAmt |
| Mortgages And Notes Payable BOY | $210,575,553 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $295,149,404 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $20,975,894 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $23,379,806 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $246,520,940 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $345,926,533 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | -$59,863,899 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | -$61,181,649 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | -$59,863,899 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | -$61,181,649 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $186,657,041 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $284,744,884 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | -$59,863,899 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $99,922 | ExcessRevenueOverExpensesAmt |
| Other Increases | $259,121 | OtherIncreasesAmt |
| Subtotal | -$59,504,856 | SubtotalAmt |
| Other Decreases | $1,676,793 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | -$61,181,649 | TotNetAstOrFundBalancesEOYAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $150,500 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $984,933 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.152802 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $150,000 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,036,552 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.144711 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $140,000 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $962,969 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.145384 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $226,400 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $895,703 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.252762 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $239,750 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $901,448 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.265961 | DistributionYr5Rt |
| Total Distribution | 0.961620 | TotalDistributionRt |
| Average Distribution | 0.192324 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $908,061 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $174,642 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $2,843 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $177,485 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $150,000 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $5,687 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $5,687 | SubtotalAmt |
| Tax Based On Investment Income | $5,687 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,154 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $2,533 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $5,687 | TotalPaymentsAndCreditsAmt |
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 | $2,458,151 |
| NUNZIO MARC DESANTIS ARCHITECTS LLC | ||||||
| 1617 HI LINE DR | DALLAS | TX | 75207 | ARCHITECT FEES | $819,202 | |
| IVY HOTEL GROUP LLC | ||||||
| 4305 MACARTHUR AVE | DALLAS | TX | 75209 | CONSULTING | $551,689 | |
| MONMOUTH INDEPENDENCE NETWORK LLC | ||||||
| 405 N HOGAN RD | MONMOUTH | OR | 97361 | WKING CAP FEES | $549,965 | |
| BDFC ADVISOR SERVICES LLC | ||||||
| 333 N WILMOT RD 227 | TUCSON | AZ | 857112631 | ADMIN FEES | $280,449 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 9 | 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 | $921,889 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $921,889 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $921,889 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $13,828 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $908,061 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $45,403 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $45,403 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,687 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $5,687 | TotalTaxAmt |
| Distributable Before Adj | $39,716 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $39,716 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $39,716 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $150,000 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $150,000 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $150,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $39,716 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $200,562 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $185,785 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $95,967 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $100,777 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $104,407 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $687,498 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $150,000 | QualifyingDistributionsAmt |
| Applied To Current Year | $39,716 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $110,284 | RemainingDistriFromCorpusAmt |
| Total Corpus | $797,782 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $200,562 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $597,220 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $185,785 | ExcessFromYear4Amt |
| Excess From Year3 | $95,967 | ExcessFromYear3Amt |
| Excess From Year2 | $100,777 | ExcessFromYear2Amt |
| Excess From Year1 | $104,407 | ExcessFromYear1Amt |
| Excess From Current Year | $110,284 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 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 |
|---|---|---|---|---|---|---|---|---|
| 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 |
| GROWTH PARTNERS ARIZONA | ||||||||
| 333 N WILMOT RD 227 | TUCSON | AZ | 85711 | N/A | 501(C)(3) | SEE ATTACHED SCHEDULE K | $5,000 | |
| SO AZ RESEARCH SCIENCE AND | ||||||||
| ENGINEERING FOUNDATION | 4574 E BROADWAY | TUCSON | AZ | 85711 | N/A | 501(C)(3) | SEE ATTACHED SCHEDULE K | $20,000 |
| WOMENS FOUNDATION OF SOUTHERN AZ | ||||||||
| PO BOX 89518 | TUCSON | AZ | 85752 | N/A | 501(C)(3) | SEE ATTACHED SCHEDULE K | $12,500 | |
| COMMUNITY FOOD BANK OF SOUTHERN AZ | ||||||||
| 3003 S COUNTRY CLUB RD | TUCSON | AZ | 85713 | N/A | 501(C)(3) | SEE ATTACHED SCHEDULE K | $12,500 | |
| 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 | $150,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,195 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $909,768 | ExclusionAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 531120 | BusinessCd |
| Unrelated Business Taxbl Incm | -$34,424 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 30 | ExclusionCd |
| Exclusion | $57,619,153 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|
| ADMINISTRATIVE FEES | $384,982 | ||
| OTHER INCOME | 30 | $433,269 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$34,424 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $58,963,385 | ExclusionAmt |
| Related Or Exempt Function Incm | $384,982 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $59,313,943 | 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 | $280,449 | 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 | $44,495 | Amt |
| Net Investment Income | $44,495 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $44,495 | AdjustedNetIncomeAmt |
Amortization Schedule AmortizationSchedule
Amortization Schedule Detail AmortizationScheduleDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amortized Expenses | AMORTIZATION | AmortizedExpensesDesc |
| Current Year Amortization | $1,288 | CurrentYearAmortizationAmt |
| Adjusted Net Income | $1,288 | AdjustedNetIncomeAmt |
| Total Amortization | $1,288 | TotalAmortizationAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | SEE SCEDULE G | PropertyDesc |
| Current Year Expense | $3,475,385 | CurrentYearExpenseAmt |
| Net Investment Income | $3,475,385 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $3,475,385 | AdjustedNetIncomeAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $2,305,756 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $2,305,756 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $108,412,459 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $108,412,459 | 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 | $121,785,666 | $72,504,994 | $72,504,994 | $49,280,672 |
| 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 | $295,149,404 | 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 | $5,174,157 | $6,195,927 | $6,195,927 |
| OTHER RECEIVABLE | $187,353 | $222,254 | $222,254 |
| LEASE INCOME RECEIVABLE | $3,505,590 | $3,822,180 | $3,822,180 |
| INTEREST RECEIVABLE | $11,897 | $53,645 | $53,645 |
| DEVELOPMENT COSTS | $4,734,496 | $4,734,496 | |
| SEE SCHEDULE H |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| SEE ATTACHMENT B | $1,452,096 |
| SEE ATTACHMENT B | $224,697 |
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 | $88,499 | $88,499 | |
| REPAIRS & MAINTENANCE | $13,012 | $13,012 | |
| EXPENSES | |||
| FACILITIES EXPENSES | $3,509,018 | $3,509,018 | $3,509,018 |
| GROUND LEASE RENT | $45,775 | $45,775 | $45,775 |
| OTHER EXPENSES | $6,531 | $6,531 | $6,531 |
| REPAIRS & MAINTENANCE | $515,919 | $515,919 | $515,919 |
| REAL ESTATE TAXES | $931,317 | $931,317 | $931,317 |
| 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 | $384,982 | $384,982 | $384,982 |
| OTHER INCOME | $433,269 | $433,269 | $433,269 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED GAIN ON INVESTMENTS | $224,697 |
| LOSS FROM 990-T; SEE SCH B | $34,424 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| ACCRUED REAL ESTATE TAXES | $704,583 | $697,207 |
| INTEREST PAYABLE | $20,271,311 | $22,682,599 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| LEGAL, PROFESSIONAL, & TRUSTEE F | $205,177 | $205,177 | $205,177 |
| ADMINISTRATIVE FEES | $280,449 | $280,449 | $280,449 |
| FACILITIE MGMT FEES AND OPERATIN | $39,700,038 | $39,700,038 | $39,700,038 |
| SEE SCHEDULE D |
Comments