CRAFT3: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- CRAFT3 (EIN 91-1662698)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-09-10
- IRS object ID
- 202122539349300217
- Schema version
- 2020v4.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-09-10T10:45:36-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 910189318 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOSS ADAMS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 805 SW BROADWAY STE 1200 | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97205 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 911662698 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CRAFT3 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CRAF | BusinessNameControlTxt |
| Phone | 8882312170 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 42 7TH STREET NO 100 | AddressLine1Txt |
| City | ASTORIA | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97103 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARK STEVENSON | PersonNm |
| Person Title | CFO & EXECUTIVE VP | PersonTitleTxt |
| Phone | 8882312170 | PhoneNum |
| Signature | 2021-09-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MARK | PersonFirstNm |
| Person Last | STEVENSON | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WENDY CAMPOS | PreparerPersonNm |
| PTIN | P00448102 | PTIN |
| Phone | 5032421447 | PhoneNum |
| Preparation | 2021-08-31 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ADAM ZIMMERMAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 54 SW YAMHILL STREET | AddressLine1Txt |
| City | PORTLAND | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97204 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $28,281,569 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CRAFT3.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1994 | FormationYr |
| Legal Domicile State | WA | LegalDomicileStateCd |
| Activity Or Mission | TO STRENGTHEN ECONOMIC, ECOLOGICAL AND FAMILY RESILIENCE IN PACIFIC NORTHWEST COMMUNITIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 76 | TotalEmployeeCnt |
| Total Volunteers | 14 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $4,918,716 | PYContributionsGrantsAmt |
| CY Contributions Grants | $19,224,522 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $10,883,480 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $8,657,483 | CYProgramServiceRevenueAmt |
| PY Investment Income | $28,587 | PYInvestmentIncomeAmt |
| CY Investment Income | -$962,527 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $15,830,783 | PYTotalRevenueAmt |
| CY Total Revenue | $26,919,478 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $7,522,177 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $7,912,723 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $334,210 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $7,594,982 | PYOtherExpensesAmt |
| CY Other Expenses | $11,418,030 | CYOtherExpensesAmt |
| PY Total Expenses | $15,117,159 | PYTotalExpensesAmt |
| CY Total Expenses | $19,330,753 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $713,624 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $7,588,725 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $153,288,442 | TotalAssetsBOYAmt |
| Total Assets EOY | $176,968,098 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $104,514,349 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $117,939,834 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $48,774,093 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $59,028,264 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO STRENGTHEN ECONOMIC, ECOLOGICAL AND FAMILY RESILIENCE IN PACIFIC NORTHWEST COMMUNITIES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $13,668,713 | ExpenseAmt |
| Revenue | $6,437,057 | RevenueAmt |
| Desc | PROVIDING BUSINESS SUPPORT, MARKETING ASSISTANCE AND HIGH RISK NON-BANK CREDIT TO BUSINESSES AND INDIVIDUALS IN WASHINGTON AND OREGON; IMPROVING THE PHYSICAL AND ECONOMIC ENVIRONMENTS THROUGH REDUCTION OF WASTE, ENERGY AND CHEMICAL USAGE THROUGH MISSION BASED LENDING. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $723,948 | ExpenseAmt |
| Revenue | $372,918 | RevenueAmt |
| Desc | CRAFT3 PROVIDES EXPERT GUIDANCE IN STRATEGIC PLANNING, ORGANIZATIONAL DEVELOPMENT, ECONOMIC DEVELOPMENT, AND REAL ESTATE DEVELOPMENT. THE SERVICES ARE DESIGNED TO ASSIST BUSINESSES, NON-PROFIT ORGANIZATIONS AND LOCAL GOVERNMENTS IN ACCOMPLISHING THEIR GOALS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,242,020 | ExpenseAmt |
| Revenue | $1,026,876 | RevenueAmt |
| Desc | CRAFT3'S CLEAN WATER LOAN PROGRAM PROVIDES FINANCING TO REPAIR OR REPLACE EXISTING SEPTIC SYSTEMS FOR PROPERTY OWNERS IN TARGETED AREAS. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,375,745 | ExpenseAmt |
| Revenue | $820,632 | RevenueAmt |
| Desc | CRAFT3'S CONSUMER ENERGY PROGRAM PROVIDES 100% FINANCING TO IMPLEMENT A WIDE RANGE OF ENERGY EFFICIENT MEASURES FOR PROPERTY OWNERS IN TARGETED AREAS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $1,375,745 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $820,632 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $17,010,426 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 1151 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 76 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARK STEVENSON CFO & EVP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8882312170 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 42 7TH STREET NO 100 | AddressLine1Txt |
| City | ASTORIA | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97103 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| PAUL BENOIT | |||||||||
| BOARD CHAIR | 2.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| STAN AMY | |||||||||
| BOARD MEMBER | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LEE WINSLETT | |||||||||
| BOARD MEMBER | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| WALT KRUMBHOLZ | |||||||||
| BOARD MEMBER | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LINDA NETTEKOVEN | |||||||||
| BOARD MEMBER | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARTHA CHOE | |||||||||
| BOARD MEMBER | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DENISE PRANGER | |||||||||
| BOARD MEMBER | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARY HOUGHTON | |||||||||
| BOARD MEMBER | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RON GRZYWINSKI | |||||||||
| BOARD MEMBER | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ALAN OKAGAKI | |||||||||
| BOARD MEMBER | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JO ANN KAUFFMAN | |||||||||
| BOARD MEMBER | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BRUCE BROOKS | |||||||||
| BOARD MEMBER | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ANDREA SANDERSON | |||||||||
| BOARD MEMBER | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CHAD OLNEY | |||||||||
| BOARD MEMBER | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ADAM ZIMMERMAN | |||||||||
| PRESIDENT & CEO | 40.00 | 4.00 | Yes (X) | $253,839 | $0 | $10,753 | |||
| MARK STEVENSON | |||||||||
| CFO & EXECUTIVE VP | 40.00 | 4.00 | Yes (X) | $163,152 | $0 | $24,958 | |||
| RONALENE MONTEITH | |||||||||
| CHIEF CREDIT OFFICER, EVP | 40.00 | 4.00 | Yes (X) | $173,146 | $0 | $11,794 | |||
| WALTER POSTLEWAIT II | |||||||||
| EVP - LENDING | 40.00 | 4.00 | Yes (X) | $159,979 | $0 | $1,420 | |||
| TURNER WASKOM | |||||||||
| COMMERCIAL LENDING DIRECTOR, SVP | 40.00 | 4.00 | Yes (X) | $154,261 | $0 | $5,180 | |||
| JOHN HUNTER | |||||||||
| SR. BUSINESS LENDER-TEAM MGR, VP | 40.00 | 4.00 | Yes (X) | $132,514 | $0 | $24,155 | |||
| SONYA LYNN | |||||||||
| CHIEF OPERATING OFFICER, EVP | 40.00 | 4.00 | Yes (X) | $140,371 | $0 | $13,948 | |||
| MARGARET KIRBY | |||||||||
| DEVELOPMENT DIRECTOR, SVP | 40.00 | 4.00 | Yes (X) | $120,229 | $0 | $12,098 | |||
| SAIF HAKIM | |||||||||
| SR. BUSINESS LENDER-TEAM MGR, VP | 40.00 | 4.00 | Yes (X) | $122,145 | $0 | $3,357 | |||
| TERESA PARRIETT | |||||||||
| CONTROLLER, VP | 40.00 | 4.00 | Yes (X) | $111,109 | $0 | $5,244 | |||
| APRIL KNUDSEN | |||||||||
| CORPORATE SECRETARY | 40.00 | 4.00 | Yes (X) | $75,387 | $0 | $12,831 | |||
| MICHAEL DICKERSON | |||||||||
| INNOVATION & EVALUATION DIRECTOR | 40.00 | 0.00 | $191,476 | $0 | $20,128 | Yes (X) | |||
| MICHAEL WU | |||||||||
| IT DIRECTOR | 40.00 | 0.00 | $135,161 | $0 | $21,136 | Yes (X) | |||
| ERIKA LINDHOLM | |||||||||
| SR. BUSINESS LENDER-TEAM MGR, VP | 40.00 | 0.00 | $122,073 | $0 | $18,320 | Yes (X) | |||
| CHRISTOPHER LARSON | |||||||||
| INNOVATION & EVAL PROGRAM MGR | 40.00 | 0.00 | $115,634 | $0 | $20,466 | Yes (X) | |||
| GREGORY BRADLEY | |||||||||
| CREDIT OFFICER, SVP | 40.00 | 0.00 | $113,897 | $0 | $18,237 | Yes (X) | |||
| DESIREE MICHIELS | |||||||||
| CONSUMER LENDING DIRECTOR, SVP | 40.00 | 0.00 | $116,737 | $0 | $6,805 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,401,110 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $230,830 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 28 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| JORDAN RAMIS PC ATTORNEYS AT LAW | |||||
| 2 CENTERPOINTE DRIVE | LAKE OSWEGO | OR | 97035 | LEGAL SERVICES | $407,546 |
| MICHAEL EDWARD FITZGERALD | |||||
| 624 FLEET ST A | BROOKINGS | OR | 97415 | LEGAL SERVICES | $187,000 |
| SCIDPDA BUSH HOTEL COMMERCIAL | |||||
| 409 MAYNARD AVE S | SEATTLE | WA | 98104 | MANAGEMENT SERVICES | $180,571 |
| MOSS ADAMS LLP | |||||
| PO BOX 101822 | PASADENA | CA | 91189 | ACCOUNTING | $123,941 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $8,925,575 | GovernmentGrantsAmt |
| All Other Contributions | $10,298,947 | AllOtherContributionsAmt |
| Total Contributions | $19,224,522 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| LENDING ACTIVITIES | 522291 | $6,437,057 | $6,437,057 |
| CLEAN ENERGY PROGRAM | 522291 | $1,026,876 | $1,026,876 |
| ENERGY PROGRAM | 522291 | $820,632 | $820,632 |
| PROGRAM CONSULTING | 522291 | $372,918 | $372,918 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $8,657,483 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $399,564 | TotalRevenueColumnAmt |
| Exclusion | $399,564 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,362,091 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$1,362,091 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,362,091 | TotalRevenueColumnAmt |
| Exclusion | -$1,362,091 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $26,919,478 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $8,657,483 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$962,527 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,943,473 | TotalAmt |
| Program Services | $1,207,303 | ProgramServicesAmt |
| Management And General | $736,170 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,341,515 | TotalAmt |
| Program Services | $4,039,551 | ProgramServicesAmt |
| Management And General | $103,956 | ManagementAndGeneralAmt |
| Fundraising | $198,008 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $209,906 | TotalAmt |
| Program Services | $183,467 | ProgramServicesAmt |
| Management And General | $19,646 | ManagementAndGeneralAmt |
| Fundraising | $6,793 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $671,859 | TotalAmt |
| Program Services | $582,705 | ProgramServicesAmt |
| Management And General | $77,805 | ManagementAndGeneralAmt |
| Fundraising | $11,349 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $745,970 | TotalAmt |
| Program Services | $634,901 | ProgramServicesAmt |
| Management And General | $83,982 | ManagementAndGeneralAmt |
| Fundraising | $27,087 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,777 | TotalAmt |
| Program Services | $22,885 | ProgramServicesAmt |
| Management And General | $6,160 | ManagementAndGeneralAmt |
| Fundraising | $11,732 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $78,106 | TotalAmt |
| Program Services | $4,488 | ProgramServicesAmt |
| Management And General | $73,618 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,432 | TotalAmt |
| Management And General | $79,432 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $276,969 | TotalAmt |
| Program Services | $93,028 | ProgramServicesAmt |
| Management And General | $153,928 | ManagementAndGeneralAmt |
| Fundraising | $30,013 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,116 | TotalAmt |
| Program Services | $72 | ProgramServicesAmt |
| Management And General | $38,044 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,272 | TotalAmt |
| Program Services | $24,011 | ProgramServicesAmt |
| Management And General | $11,239 | ManagementAndGeneralAmt |
| Fundraising | $1,022 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $456,257 | TotalAmt |
| Program Services | $305,692 | ProgramServicesAmt |
| Management And General | $136,877 | ManagementAndGeneralAmt |
| Fundraising | $13,688 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $533,655 | TotalAmt |
| Program Services | $357,549 | ProgramServicesAmt |
| Management And General | $160,096 | ManagementAndGeneralAmt |
| Fundraising | $16,010 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,275 | TotalAmt |
| Program Services | $24,711 | ProgramServicesAmt |
| Management And General | $31,228 | ManagementAndGeneralAmt |
| Fundraising | $3,336 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,879 | TotalAmt |
| Program Services | $2,656 | ProgramServicesAmt |
| Management And General | $3,191 | ManagementAndGeneralAmt |
| Fundraising | $32 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,850,710 | TotalAmt |
| Program Services | $2,848,960 | ProgramServicesAmt |
| Management And General | $1,750 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $159,445 | TotalAmt |
| Program Services | $106,828 | ProgramServicesAmt |
| Management And General | $47,834 | ManagementAndGeneralAmt |
| Fundraising | $4,783 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $118,604 | TotalAmt |
| Program Services | $79,465 | ProgramServicesAmt |
| Management And General | $35,581 | ManagementAndGeneralAmt |
| Fundraising | $3,558 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| LOAN COSTS | $3,740,918 | $3,741,780 | -$862 | |
| MISCELLANEOUS | $2,802,286 | $2,658,786 | $140,802 | $2,698 |
| TAXES AND LICENSES | $141,329 | $91,588 | $45,640 | $4,101 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,330,753 | TotalAmt |
| Program Services | $17,010,426 | ProgramServicesAmt |
| Management And General | $1,986,117 | ManagementAndGeneralAmt |
| Fundraising | $334,210 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,563,179 | BOYAmt |
| EOY | $20,714,414 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,355,827 | BOYAmt |
| EOY | $13,295,323 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,687,178 | BOYAmt |
| EOY | $764,600 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,647,496 | BOYAmt |
| EOY | $1,465,415 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $113,639,351 | BOYAmt |
| EOY | $109,604,796 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $387,142 | BOYAmt |
| EOY | $270,148 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,483,841 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $975,250 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $564,721 | BOYAmt |
| EOY | $508,591 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,578,403 | BOYAmt |
| EOY | $25,779,560 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $865,145 | BOYAmt |
| EOY | $4,565,251 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $153,288,442 | BOYAmt |
| EOY | $176,968,098 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,108,667 | BOYAmt |
| EOY | $1,322,153 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $335,958 | BOYAmt |
| EOY | $145,772 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,069,724 | BOYAmt |
| EOY | $116,471,909 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $104,514,349 | BOYAmt |
| EOY | $117,939,834 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,388,488 | BOYAmt |
| EOY | $58,087,981 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $385,605 | BOYAmt |
| EOY | $940,283 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,774,093 | BOYAmt |
| EOY | $59,028,264 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $153,288,442 | BOYAmt |
| EOY | $176,968,098 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $7,588,725 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $314,274 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | $443 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $2,350,729 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,757,253 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,964,446 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,423,242 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,918,716 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $19,224,522 | CurrentTaxYearAmt |
| Total | $41,288,179 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,757,253 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,964,446 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,423,242 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,918,716 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $19,224,522 | CurrentTaxYearAmt |
| Total | $41,288,179 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,761,526 | SubstantialContributorsTotAmt |
| Public Support Total170 | $39,526,653 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $175,219 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $193,789 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $221,778 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $454,393 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $399,564 | CurrentTaxYearAmt |
| Total | $1,444,743 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $42,732,922 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $47,576,949 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.92500 | PublicSupportCY170Pct |
| Public Support PY170 | 0.89340 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $79,432 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $79,432 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $19,251,321 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $19,330,753 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $727,149 | CurrentYearMinus3Amt |
| Current Year Minus2 | $975,583 | CurrentYearMinus2Amt |
| Current Year Minus1 | $905,858 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $3,608,590 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $5,412,885 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $20,336 | CurrentYearMinus3Amt |
| Current Year Minus2 | $76,500 | CurrentYearMinus2Amt |
| Current Year Minus1 | $82,875 | CurrentYearMinus1Amt |
| Current Year | $79,432 | CurrentYearAmt |
| Total | $259,143 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $181,787 | CurrentYearMinus3Amt |
| Current Year Minus2 | $243,896 | CurrentYearMinus2Amt |
| Current Year Minus1 | $226,465 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $902,148 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,353,222 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $656,076 | OtherCostOrOtherBasisAmt |
| Depreciation | $205,214 | DepreciationAmt |
| Book Value | $450,862 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $827,765 | OtherCostOrOtherBasisAmt |
| Depreciation | $770,036 | DepreciationAmt |
| Book Value | $57,729 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $508,591 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | THE ESCROW PAYABLE ACCOUNT IS A PASS-THROUGH FOR A FEW BORROWERS, FOR WHICH CRAFT3 COLLECTS INSURANCE OR TAX FUNDS SIMULTANEOUSLY WITH THEIR MONTHLY LOAN PAYMENTS AND THEN REMITS THESE FUNDS FOR THEIR TAXES OR INSURANCE. |
| PART X, LINE 2: | INCOME TAXES - CRAFT3 IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. SEE NOTE 13 FOR FURTHER DISCUSSION. CRAFT3 IS SUBJECT TO CERTAIN BUSINESS AND OCCUPATION TAXES, WHICH APPLY EQUALLY TO FOR-PROFIT AND NONPROFIT BUSINESSES, IMPOSED BY STATE AND LOCAL TAXING AUTHORITIES. THE TAXES ARE ASSESSED ON A PERCENTAGE OF A PORTION OF CRAFT3'S REVENUES. UNRELATED BUSINESS INCOME TAX, IF ANY, IS INSIGNIFICANT AND NO TAX PROVISION HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. CRAFT3 HAD NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2020 AND 2019. INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS ARE RECOGNIZED BY CRAFT3 AS AN ADMINISTRATIVE EXPENSE. DURING THE YEARS ENDED DECEMBER 31, 2020 AND 2019, CRAFT3 RECOGNIZED NO INTEREST AND PENALTIES. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | Yes (1) | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ADAM ZIMMERMAN | ||||||||||||||
| PRESIDENT & CEO | $235,620 | $0 | $17,952 | $0 | $267 | $0 | $8,334 | $0 | $2,419 | $0 | $264,592 | $0 | $0 | $0 |
| MARK STEVENSON | ||||||||||||||
| CFO & EXECUTIVE VP | $153,978 | $0 | $8,907 | $0 | $267 | $0 | $9,708 | $0 | $15,250 | $0 | $188,110 | $0 | $0 | $0 |
| RONALENE MONTEITH | ||||||||||||||
| CHIEF CREDIT OFFICER, EVP | $163,426 | $0 | $9,453 | $0 | $267 | $0 | $10,293 | $0 | $1,501 | $0 | $184,940 | $0 | $0 | $0 |
| WALTER POSTLEWAIT II | ||||||||||||||
| EVP - LENDING | $151,541 | $0 | $8,171 | $0 | $267 | $0 | $0 | $0 | $1,420 | $0 | $161,399 | $0 | $0 | $0 |
| TURNER WASKOM | ||||||||||||||
| COMMERCIAL LENDING DIRECTOR, SVP | $144,840 | $0 | $8,946 | $0 | $475 | $0 | $3,600 | $0 | $1,580 | $0 | $159,441 | $0 | $0 | $0 |
| JOHN HUNTER | ||||||||||||||
| SR. BUSINESS LENDER-TEAM MGR, VP | $124,950 | $0 | $7,350 | $0 | $214 | $0 | $7,877 | $0 | $16,278 | $0 | $156,669 | $0 | $0 | $0 |
| SONYA LYNN | ||||||||||||||
| CHIEF OPERATING OFFICER, EVP | $132,600 | $0 | $7,540 | $0 | $231 | $0 | $3,390 | $0 | $10,558 | $0 | $154,319 | $0 | $0 | $0 |
| MICHAEL DICKERSON | ||||||||||||||
| INNOVATION & EVALUATION DIRECTOR | $180,586 | $0 | $10,623 | $0 | $267 | $0 | $11,382 | $0 | $8,746 | $0 | $211,604 | $0 | $0 | $0 |
| MICHAEL WU | ||||||||||||||
| IT DIRECTOR | $128,754 | $0 | $6,185 | $0 | $222 | $0 | $4,598 | $0 | $16,538 | $0 | $156,297 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 5 | THE ORGANIZATION HAS A BONUSING PROGRAM BASED ON THE OVERALL FINANCIAL PERFORMANCE OF THE ORGANIZATION ALONG WITH OTHER NON-FINANCIAL FACTORS. THIS BONUSING PROGRAM IS OFFERED TO ALL EMPLOYEES/OFFICERS EXCEPT THE PRESIDENT. THE PRESIDENT'S BONUS IS AT THE SOLE DISCRETION OF THE BOARD. BONUSES WERE AWARDED FOR EMPLOYEES/OFFICERS AND THE PRESIDENT IN 2020. |
| PART I, LINE 7 | THE ORGANIZATION HAS A BONUSING PROGRAM BASED ON THE OVERALL FINANCIAL PERFORMANCE OF THE ORGANIZATION ALONG WITH OTHER NON-FINANCIAL FACTORS. THIS BONUSING PROGRAM IS OFFERED TO ALL EMPLOYEES/OFFICERS EXCEPT THE PRESIDENT. THE PRESIDENT'S BONUS IS AT THE SOLE DISCRETION OF THE BOARD. BONUSES WERE AWARDED FOR EMPLOYEES/OFFICERS AND THE PRESIDENT IN 2020. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY A PUBLIC ACCOUNTING FIRM WITH ASSISTANCE FROM THE CONTROLLER IN PROVIDING DATA. THE RETURN IS THEN REVIEWED BY CRAFT3'S CFO AND CONTROLLER AND PROVIDED TO THE BOARD TO REVIEW BEFORE FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL EMPLOYEES AGREE TO ABIDE BY THE CONFLICT OF INTEREST POLICY RULES BY READING THE EMPLOYEE POLICY HANDBOOK UPON HIRE. ALL EMPLOYEES ARE REQUIRED TO ACKNOWLEDGE THAT THEY RE-READ IT EVERY YEAR. |
| FORM 990, PART VI, SECTION B, LINE 15 | CRAFT3 UTILIZES A THIRD-PARTY TO EVALUATE WAGES FOR EACH POSITION. THIS INCLUDES MARKET ANALYSIS, PAY GRADE, LENGTH OF SERVICE, JOB DESCRIPTION ANALYSIS, ETC. THESE WILL BE RE-EVALUATED ANNUALLY. ADDITIONALLY, ANNUAL PERFORMANCE PLANS ARE COMPLETED BY ALL EMPLOYEES, REVIEWED AND APPROVED BY THEIR SUPERVISORS. ANNUAL BONUSES (IF ANY THAT YEAR) ARE BASED OFF OF THE RESULTS OF THE INDIVIDUAL'S PERFORMANCE PLAN AS WELL AS COMPANY PERFORMANCE OVERALL. PAY INCREASES ARE DETERMINED BY SUPERVISORS AND THEN APPROVED BY THE MANAGEMENT COMMITTEE, OR DENIED/MODIFIED. FOR THE PRESIDENT, PAY INCREASES AND BONUSES ARE APPROVED BY THE BOARD. THE COMPENSATION APPROVAL PROCESS WAS LAST COMPLETED DURING 2020. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. ANNUAL AUDITED FINANCIAL STATEMENTS ARE ACCESSIBLE ON THE COMPANY WEBSITE: WWW.CRAFT3.ORG |
| FORM 990, PART XI, LINE 9: | CONTRIBUTION OF DRE 2,350,729. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CRAFT3 OTHER OWNED WA PROPERTIES LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 42 7TH STREET 100 | AddressLine1Txt |
| City | ASTORIA | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 872102127 | EIN |
| Primary Activities | LENDING | PrimaryActivitiesTxt |
| Legal Domicile State | WA | LegalDomicileStateCd |
| Total Income | $0 | TotalIncomeAmt |
| End Of Year Assets | $2,350,729 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CRAFT3 | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CRAFT3 FUTURE FUND | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 42 7TH STREET 100 | AddressLine1Txt |
| City | ASTORIA | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 455384846 | EIN |
| Primary Activities | LENDING | PrimaryActivitiesTxt |
| Legal Domicile State | WA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 12B, II | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CRAFT3 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | 0 | ControlledOrganizationInd |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Predominant Income TypePredominantIncomeTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CRAFT3 INVESTMENT II LLC | ||||||||||||||
| 42 7TH STREET 100 | ASTORIA | OR | 97103 | 201179589 | LENDING | WA | CRAFT3 | RELATED | -$1,023,792 | $761,167 | 0 | Yes (1) | 0.99990 | |
| CRAFT3 INVESTMENT X LLC | ||||||||||||||
| 409 MAYNARD AVENUE S SUITE 200 | SEATTLE | WA | 98104 | 813835904 | LENDING | WA | RELATED | $118,827 | $1,193 | 0 | Yes (1) | 0.00010 | N/A | |
| CRAFT3 INVESTMENT XI LLC | ||||||||||||||
| 409 MAYNARD AVENUE S SUITE 200 | SEATTLE | WA | 98104 | 821550360 | LENDING | WA | RELATED | $1 | $899 | 0 | Yes (1) | 0.00010 | N/A | |
| CRAFT3 INVESTMENT XII LLC | ||||||||||||||
| 409 MAYNARD AVENUE S SUITE 200 | SEATTLE | WA | 98104 | 821570912 | LENDING | WA | RELATED | $101,513 | $59,656 | 0 | Yes (1) | 0.00010 | N/A | |
| CRAFT3 INVESTMENT XIV LLC | ||||||||||||||
| 409 MAYNARD AVENUE S SUITE 200 | SEATTLE | WA | 98104 | 850538526 | LENDING | WA | RELATED | $3 | $699 | 0 | Yes (1) | 0.00010 | N/A | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WINDFARM INVESTMENTS | |||||||||||||
| 42 7TH STREET 100 | ASTORIA | OR | 97103 | 271496444 | LENDING | WA | CRAFT3 | C | -$1,403 | $632 | 1.00000 | Yes (1) | |
| CRAFT3 INVESTMENT XIII LLC | |||||||||||||
| 409 MAYNARD AVENUE S SUITE 200 | SEATTLE | WA | 98104 | 821583020 | LENDING | WA | C | $3 | $1,201 | 0.00010 | 0 | N/A | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
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