2021-05-06T09:01:37-05:00 2020-06-30 420714325 RSM US LLP 9801 WASHINGTONIAN BLVD STE 500 GAITHERSBURG MD 20878 990 2019-07-01 522332161 COMMUNITY CAPITAL CORPORATION COMM 2027974700 1100 HARVARD STREET NW WASHINGTON DC 200095356 GERARDO A LUNA CHIEF FINANCIAL OFFICER 2027974700 2021-05-06 1 WILLIAM E TURCO CPA P00369217 3012963600 2021-05-06 2019 2022-09-23 18:48:47Z CARMEN C RAMIREZ 1100 HARVARD STREET NW WASHINGTON DC 200095356 20035638 0 X N/A X 2001 DC TO RECEIVE, ADMINISTER AND EXPEND FUNDS FOR CHARITABLE AND EDUCATIONAL PURPOSES, AND IN PARTICULAR FOR THE BENEFIT OF ITS SOLE SUPPORTED ORGANIZATION, CARLOS ROSARIO INTERNATIONAL PUBLIC CHARTER SCHOOL. 5 3 17 3 0 0 14000 14048986 5621030 5970054 49771 12807 89 3791 5684890 20035638 10000 10000 0 0 1452553 1317498 0 0 0 5571315 4767138 7033868 6094636 -1348978 13941002 27436684 23601296 28063426 10267756 -626742 13333540 THE ORGANIZATION IS OPERATED TO RECEIVE, ADMINISTER AND EXPEND FUNDS FOR CHARITABLE AND EDUCATIONAL PURPOSES SUPPORTING THE MISSION AND GOALS OF ITS SUPPORTED ORGANIZATION, CARLOS ROSARIO INTERNATIONAL PUBLIC CHARTER SCHOOL. 0 0 5387000 10000 5973845 TO PROVIDE SUPPORT AND SERVICES, INCLUDING FACILITIES OPERATION, TO ITS SUPPORTED ORGANIZATION, CARLOS ROSARIO INTERNATIONAL PUBLIC CHARTER SCHOOL, WHICH SERVES THE IMMIGRANT COMMUNITY IN WASHINGTON, DC THROUGH CHARITABLE AND EDUCATIONAL PROGRAMS AND ACTIVITIES, CONSISTENT WITH THE MISSION AND GOALS OF THE SCHOOL. 5387000 1 1 0 0 0 0 0 0 0 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 1 0 0 0 0 1 1 1 0 0 1 5 0 1 17 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 3 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X GERARDO A LUNA 2027974700 1100 HARVARD STREET NW WASHINGTON DC 200095356 ALLISON KOKKOROS MEMBER 0.50 44.00 X 0 285271 34159 GERARDO LUNA CHIEF FINANCIAL OFFICER 4.00 44.00 X 0 185661 26947 CARMEN RAMIREZ MEMBER/EXECUTIVE DIRECTOR 45.00 1.00 X X 145631 0 24548 RANDY ASBURY DIR, FACILITIES & BLDG ENG 40.00 X 119501 0 27644 MARI CARMEN APONTE CHAIR 0.50 0.50 X X 0 0 0 HECTOR TORRES MEMBER, SECRETARY, TREASURER 0.30 0.90 X X 0 0 0 BRAHIM RAWI MEMBER 0.30 0.90 X 0 0 0 265132 470932 113298 2 0 1 0 SECURAMERICA LLC PO BOX 16601 ATLANTA GA 30321 ON SITE SECURITY SERVICES 789665 AAM GENERAL SERVICES 8210 TENBROOK DR GAINESVILLE VA 20155 JANITORIAL SERVICES 241113 CAPITAL CARPET LLC 608 RHODE ISLAND AVE NE WASHINGTON DC 20002 REPAIR AND CONSTRUCTION SERVICES 192454 DEM 360 LLC 22 N MULBERRY ST HAGERSTOWN MD 21740 INFORMATION TECHNOLOGY SECURITY SERVICES 147522 4 14048986 14048986 14048986 LEASE INCOME 532000 5970054 5970054 5970054 12807 12807 OTHER REVENUE 900099 3791 3791 3791 20035638 5973845 0 12807 10000 10000 176776 176776 869235 672646 196589 48645 37574 11071 139831 93339 46492 83011 56487 26524 14016 14016 26272 26272 26620 16789 9831 14007 2700 11307 2019792 2000013 19779 7443 3574 3869 4402 1686 2716 1612915 1596786 16129 814542 806360 8182 77259 70017 7242 ADMINISTRATIVE FEE 120000 120000 AMORTIZATION 16351 16187 164 DUES & SUBSCRIPTIONS 9876 344 9532 LICENSE AND FEES 3615 2470 1145 28 28 6094636 5387000 707636 0 3918739 4984181 133862 62551 3518000 182633 103923 32614575 27892209 5054472 4722366 12757020 12598508 1871958 1129767 27436684 23601296 402072 290772 2423 2474 2995463 9512738 24663468 461772 28063426 10267756 X -626742 13333540 -626742 13333540 27436684 23601296 X 13941002 19280 X 0 1 X 1 0 X X X 1 CARLOS ROSARIO INTERNATIONAL PUBLIC CHARTER SCHOOL 522157082 2 1 10000 0 1 10000 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION A, LINE 2: THE SUPPORTED ORGANIZATION IS DETERMINED UNDER IRC SECTION 170(B)(1)(A)(II). THE SUPPORTING ORGANIZATION ANNUALLY PREPARES, AT THE FISCAL YEAR-END, A REVENUE ANALYSIS THAT IS PROVIDED TO THE SUPPORTED ORGANIZATION. PART IV, SECTION C, LINE 1: AS APPROVED BY THE IRS THERE WERE OVERLAPPING BOARD MEMBERS AND EXECUTIVE PERSONNEL. A MAJORITY OF THE CCC BOARD MEMBERS ALSO SERVE ON THE SUPPORTED ORGANIZATION'S BOARD. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2082852 2082852 29089757 26624493 2465264 956632 799380 157252 485334 468336 16998 4722366 INVESTMENT IN DIRECT FINANCING LEASE 12598508 C 12598508 DEPOSITS 156997 RESERVE FUNDS 304775 461772 X 5977857 -14057781 -14057781 20035638 0 20035638 5096984 -997652 -997652 6094636 0 6094636 PART X, LINE 2: UNDER THE PROVISION OF SECTION 501(C)(3) OF THE IRC AND THE APPLICABLE INCOME TAX REGULATIONS OF THE DISTRICT OF COLUMBIA, CCC IS A SUPPORTING ORGANIZATION, EXEMPT FROM TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. CCC IS STILL OPEN TO EXAMINATION BY THE TAXING JURISDICTIONS TO WHICH CCC IS SUBJECT FROM 2017 FORWARD. CCC-SGC IS A TITLE-HOLDING ORGANIZATION, EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(2) OF THE IRC. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REQUIRED FOR 2020 OR 2019. THE ENTITY WAS DISSOLVED ON JANUARY 9, 2020. CCC HAS A PROCESS IN PLACE TO ENSURE THE MAINTENANCE OF ITS EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED BUSINESS INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. CCC HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY REVENUE INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS -14,057,781. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITY REVENUE INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS -997,652. 1 CARLOS ROSARIO INTERNATIONAL PUBLIC CHARTER SCHOOL 1100 HARVARD ST NW WASHINGTON DC 20009 522157082 501(C)(3) 10000 TO PROVIDED A DONATION IN THE AMOUNT OF $10,000 AS A SPONSOR AND DONOR FOR THE SCHOOL'S ACHIEVING THE DREAM FUNDRAISING EVENT 1 PART I, LINE 2: THE ORGANIZATION ONLY GIVES ASSISTANCE TO ITS LARGER SUPPORTED ORGANIZATION IN THE FORM OF DONATIONS FOR CERTAIN ACTIVITIES. X X X 0 1 0 0 0 0 0 1 0 ALLISON KOKKOROS MEMBER 0 192267 0 19256 0 73748 0 17253 0 17865 0 320389 0 68886 GERARDO LUNA CHIEF FINANCIAL OFFICER 0 167261 0 11891 0 6509 0 11386 0 16520 0 213567 0 0 CARMEN RAMIREZ MEMBER/EXECUTIVE DIRECTOR 124407 0 0 0 21224 0 8730 0 16925 0 171286 0 0 0 PART I, LINE 3 THE SALARY OF THE CEO IS DETERMINED BY REVIEWING SALARY DATA PRODUCED BY AN INDEPENDENT CONSULTANT. THIS INCLUDES REVIEW OF SURVEY DATA FOR ORGANIZATIONS OF SIMILAR SIZE/COMPLEXITY, OTHER NOT FOR PROFITS AND OTHER COMPARABLE AGENCIES. THE BOARD ESTABLISHES THE COMPENSATION OF THE CEO WHICH IS REVIEWED AND APPROVED ANNUALLY. PART I, LINE 4B ALLISON KOKKOROS - RELATED ORGANIZATION CHARTER SCHOOL 457(F) - RECEIVED A PAYMENT FROM A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN IN THE AMOUNT OF $73,478. PART I, LINE 7 PERFORMANCE BASED BONUSES WERE PAID TO THE EMPLOYEES DURING CALENDAR YEAR 2019. X TRANSFER OF REMAINING ASSETS OF CCC-SGC 1 14048986 BOOK VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A COMMUNITY CAPITAL CORPORATION - SONIA GUTIERREZ CAMPUS IS CONTROLLED BY COMMUNITY CAPITAL CORPORATION THROUGH BOARD MEMBER CONTROL. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS A THREE-TIER DATA COMPILATION AND REVIEW SYSTEM FOR THE FORM 990, WHICH INVOLVES THE CONTROLLER AND GENERAL COUNSEL AND CULMINATES WITH THE CFO BEFORE A DRAFT 990 IS PREPARED BY THE ACCOUNTING FIRM. THE ACCOUNTING FIRM PREPARES THE DRAFT FORM 990 FOR REVIEW BY THE ORGANIZATION AND PROPOSED CHANGES ARE DOCUMENTED AS NECESSARY. THE DRAFT IS PRESENTED TO THE EXECUTIVE DIRECTOR AND THE BOARD FOR FURTHER REVIEW. ALL CHANGES ARE COMPILED AND PRESENTED TO THE ACCOUNTING FIRM WHO ISSUES A FINAL DRAFT WHICH IS APPROVED BY THE CFO PRIOR TO FILING THE FINAL RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO THE BOARD OF TRUSTEES AND EMPLOYEES ANNUALLY. EACH BOARD MEMBER AND EMPLOYEE IS RESPONSIBLE FOR REVIEWING AND COMPLYING WITH THE POLICY. EACH MEMBER OF THE BOARD IS REQUIRED TO SIGN OFF THAT THEY ARE IN COMPLIANCE WITH THE POLICY AND MUST DISCLOSE TO THE CEO ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST SO THAT SAFEGUARDS CAN BE ESTABLISHED TO PROTECT ALL PARTIES. OFFICERS AND KEY STAFF LEADERSHIP ARE RESPONSIBLE FOR COMPLETING THE CONFLICT OF INTEREST DISCLOSURE FORM EACH YEAR AND OFFICERS ARE REQUIRED TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS TO THE CEO. FORM 990, PART VI, SECTION B, LINE 15 THE SALARY OF COMMUNITY CAPITAL CORPORATION'S EXECUTIVE DIRECTOR IS DETERMINED BY REVIEWING SALARY DATA PRODUCED BY AN INDEPENDENT CONSULTANT. THIS INCLUDES REVIEW OF SURVEY DATA FOR RELATED NONPROFITS OF SIMILAR SIZE AND COMPLEXITY IN THE WASHINGTON, DC AREA. THE BOARD REVIEWS AND APPROVES FINANCIAL COMPENSTION FOR THE EXECUTIVE DIRECTOR, WHO IS CURRENTLY UNDER A FIVE YEAR CONTRACT. THE BOARD DOES NOT APPROVE COMPENSATION FOR OTHER KEY EMPLOYEES INDEPENDENTLY. THE OVERALL SALARY EXPENSE IS APPROVED AS PART OF THE BUDGET PROCESS. FORM 990, PART VI, SECTION C, LINE 19 ALL OF THE ABOVE DOCUMENTS ARE AVAILABLE UPON REQUEST. THE 990 IS AVAILABLE ON GUIDESTAR. FORM 990, PART XI, LINE 9: GAIN ON INTEREST RATE SWAP LIABILITY 49,993. LOSS ON UNWIND OF NEW MARKETS TAX CREDITS -30,713. CARLOS ROSARIO INTERNATIONAL PUBLIC CHARTER SCHOOL 1100 HARVARD ST NW WASHINGTON DC 20009 522157082 EDUCATION DC 501(C)(3) LINE 2 N/A 0 COMMUNITY CAPITAL CORPORATION - SONIA GUTIERREZ CAMPUS 1100 HARVARD ST NW WASHINGTON DC 20009 460612061 TO HOLD TITLE AND DEVELOP PROPERTY FOR EDUCATIONAL USES DC 501(C)(2) COMMUNITY CAPITAL CORPORATION 0 0 1 1 0 1 0 0 0 0 1 1 0 0 0 0 0 1 0 0 COMMUNITY CAPITAL CORPORATION - SONIA GUTIERREZ CAMPUS C 14048986 BOOK VALUE