NONPROFIT FINANCE FUND: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- NONPROFIT FINANCE FUND (EIN 13-3238657)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-10-26
- IRS object ID
- 202003009349301725
- Schema version
- 2019v5.1
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-10-26T17:39:18-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 271728945 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 665 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133238657 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NONPROFIT FINANCE FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NONP | BusinessNameControlTxt |
| Phone | 2128686710 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 HANOVER SQUARE 9TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANTONY BUGG-LEVINE | PersonNm |
| Person Title | PRESIDENT/CEO | PersonTitleTxt |
| Phone | 2128686710 | PhoneNum |
| Signature | 2020-10-26 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GARRETT M HIGGINS | PreparerPersonNm |
| PTIN | P00543209 | PTIN |
| Phone | 2122862600 | PhoneNum |
| Preparation | 2020-10-26 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 100.2.127.74 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-10-26 | IPDt |
| IP Tm | 15:19:31 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 4F9F0882E2C1046A9DC4DC01D0F262469E3815E0 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ANTONY BUGG-LEVINE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 HANOVER SQUARE 9TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $22,599,677 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NONPROFITFINANCEFUND.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1984 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | SUPPORTS MISSION-DRIVEN ORGANIZATIONS WITH FINANCING, ADVICE AND KNOWLEDGE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 100 | TotalEmployeeCnt |
| Total Volunteers | 17 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $9,460,209 | PYContributionsGrantsAmt |
| CY Contributions Grants | $9,858,573 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $13,807,587 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $12,614,257 | CYProgramServiceRevenueAmt |
| PY Investment Income | $13,636 | PYInvestmentIncomeAmt |
| CY Investment Income | $26,101 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,641 | PYOtherRevenueAmt |
| CY Other Revenue | $22,826 | CYOtherRevenueAmt |
| PY Total Revenue | $23,284,073 | PYTotalRevenueAmt |
| CY Total Revenue | $22,521,757 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,779,322 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $981,082 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $12,173,200 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $11,729,713 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,577,232 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $7,193,137 | PYOtherExpensesAmt |
| CY Other Expenses | $11,031,970 | CYOtherExpensesAmt |
| PY Total Expenses | $23,145,659 | PYTotalExpensesAmt |
| CY Total Expenses | $23,742,765 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $138,414 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,221,008 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $156,563,693 | TotalAssetsBOYAmt |
| Total Assets EOY | $192,260,531 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $110,595,656 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $147,647,674 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $45,968,037 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $44,612,857 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | NONPROFIT FINANCE FUND (NFF) UNLOCKS THE POTENTIAL OF MISSION DRIVEN ORGANIZATIONS THROUGH TAILORED INVESTMENTS, STRATEGIC ADVICE AND ACCESSIBLE INSIGHTS. WE WORK TOWARD A MORE JUST AND VIBRANT SOCIETY BY HELPING NONPROFITS WITH FINANCING TO INVEST IN DELIVERING ON THEIR MISSIONS; CONSULTING THAT HELPS LEADERS BEST PUT MONEY TO WORK FOR SOCIAL GOOD; AND LEARNING THAT HELPS ILLUMINATE PATHS TO SOLVING COMPLEX SOCIAL ISSUES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $18,725,902 | ExpenseAmt |
| Grant | $981,082 | GrantAmt |
| Revenue | $12,614,257 | RevenueAmt |
| Desc | NONPROFIT FINANCE FUND (NFF) UNLOCKS THE POTENTIAL OF MISSION DRIVEN ORGANIZATIONS THROUGH TAILORED INVESTMENTS, STRATEGIC ADVICE AND ACCESSIBLE INSIGHTS. WE WORK TOWARD A MORE JUST AND VIBRANT SOCIETY BY HELPING NONPROFITS WITH FINANCING TO INVEST IN DELIVERING ON THEIR MISSIONS; CONSULTING THAT HELPS LEADERS BEST PUT MONEY TO WORK FOR SOCIAL GOOD; AND LEARNING THAT HELPS ILLUMINATE PATHS TO SOLVING COMPLEX SOCIAL ISSUES. TAILORED INVESTMENTS: AS A NATIONAL COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) AND LONGTIME IMPACT INVESTOR, NFF PROVIDES FINANCING EXCLUSIVELY TO MISSION-DRIVEN ORGANIZATIONS, INCLUDING NONPROFITS AND SOCIAL ENTERPRISES, WHICH WORK TO IMPROVE LIVES OF LOW-INCOME PEOPLE AND LOW-INCOME COMMUNITIES. WE DO THIS BY AGGREGATING CAPITAL FROM A VARIETY OF SOURCES, INCLUDING BANKS, FOUNDATIONS AND GOVERNMENT, AND USING THAT CAPITAL TO PROVIDE A RANGE OF FINANCIAL PRODUCTS, INCLUDING LOANS, LINES OF CREDIT AND NEW MARKETS TAX CREDITS, AMONG OTHERS. OUR BORROWERS USE OUR FINANCING TO UNDERTAKE FACILITY PROJECTS AND SMOOTH AND MANAGE CASH FLOW, ENABLING THEM TO WORK WITH MORE CLIENTS, EXPAND THE BREADTH OF SERVICES OFFERED, AND DELIVER MORE INTEGRATED SERVICES. IN 2019, NFF CLOSED 29 LOANS TO 25 ORGANIZATIONS TOTALING $66.1 MILLION AND MANAGED A $324.3 MILLION PORTFOLIO OF LOANS TO EDUCATIONAL INSTITUTIONS, HEALTH CENTERS, HUMAN SERVICES PROVIDERS, AND OTHER ORGANIZATIONS PROVIDING VITAL AND/OR ENRICHING SERVICES AND CREATING TRANSFORMATIONAL IMPACT IN LOW-INCOME COMMUNITIES. IN 2019 OUR FINANCING SUPPORTED ORGANIZATIONS IN OVER 23 COMMUNITIES ACROSS THE NATION. WE ALSO FACILITATE THE FLOW OF THIRD-PARTY CAPITAL TO THESE MISSION-DRIVEN ORGANIZATIONS BY WORKING WITH OR PROVIDING GUIDANCE TO OTHERS (E.G., FUNDERS, PHILANTHROPIC INSTITUTIONS, GOVERNMENT AGENCIES, CORPORATIONS) WHO ARE USING PROGRAM RELATED INVESTMENTS, LOANS, GRANTS AND OTHER FINANCING MECHANISMS FOR CHARITABLE PURPOSES AND TO CREATE POSITIVE SOCIAL CHANGE. STRATEGIC ADVICE: WE ARE A NATIONAL LEADER IN PROVIDING STRATEGIC ADVICE AND CUSTOMIZED FINANCIAL TRAINING AND CAPACITY-BUILDING TO HUNDREDS OF NONPROFITS IN ALL SECTORS, THROUGH WEBINARS, WORKSHOPS, AND CUSTOMIZED ENGAGEMENTS. IN 2019, WE CONDUCTED EDUCATIONAL ACTIVITIES AND TRAINING, AND PROVIDED CUSTOMIZED TECHNICAL ASSISTANCE THAT HELPED 190 NONPROFIT ORGANIZATIONS AND FOUNDATIONS APPLY GREATER FINANCIAL KNOW-HOW TO THEIR CRITICAL DECISIONS. OUR 51 WORKSHOPS AND OTHER GROUP FINANCIAL CAPACITY TRAININGS REACHED 2,891 INDIVIDUALS. OUR WORK OVERALL HELPED ORGANIZATIONAL LEADERS OPTIMIZE THEIR RESOURCES, INCORPORATE FINANCIAL DATA AND KNOWLEDGE INTO PLANNING AND DECISION-MAKING, AND STRENGTHEN THEIR ABILITY TO ADAPT TO EVER-CHANGING CONDITIONS AND PROVIDE MUCH-NEEDED SERVICES TO THEIR CLIENTS. WE DID THIS BY HELPING THEM TO IMPROVE THEIR UNDERSTANDING OF THEIR FINANCIAL CONDITION AND BUSINESS MODELS, ANALYZE THEIR STRATEGIC OPTIONS, IDENTIFY AND DETERMINE HOW TO FILL CAPITAL GAPS, AND CONDUCT LONG-TERM PLANNING. WE ALSO PROVIDED STRATEGIC ADVICE TO FOUNDATIONS, RAISING AWARENESS OF THE FINANCIAL ISSUES AFFECTING NONPROFITS THEY SUPPORT. LASTLY, WE ADVISED AND EDUCATED ORGANIZATIONS PROVIDING SERVICES TO LOW-INCOME PEOPLE AND OTHER DISADVANTAGED COMMUNITIES, GOVERNMENTS, AND OTHERS EXPLORING PAY FOR SUCCESS, OUTCOMES-BASED FUNDING, AND OTHER IMPACT INVESTING MODELS TO HELP BETTER FUND THEIR CHARITABLE AND PUBLIC ACTIVITIES, INCLUDING PROVIDING SEMINAL RESEARCH AND PUBLICATIONS TO THE FIELD.ACCESSIBLE INSIGHTS: WE BELIEVE THAT FINANCIAL KNOWLEDGE IS POWER. WE SHARE DATA, INSIGHTS, AND RESOURCES TO IMPROVE UNDERSTANDING OF NONPROFIT FINANCE AND FIND SOLUTIONS TO COMPLEX ISSUES IN SUPPORT OF POSITIVE SOCIAL CHANGE. WE USE OUR WEBSITE, PUBLICATIONS, SOCIAL MEDIA, AND OTHER PLATFORMS TO MAKE CONTENT ABOUT WHAT WE ARE LEARNING WIDELY ACCESSIBLE. IN 2019, NFF HOSTED AN EVENT WITH THE FEDERAL RESERVE BANK OF PHILADELPHIA AS A CONTINUATION OF A NATIONAL DIALOGUE THAT WE STARTED IN 2017 WITH THE FEDERAL RESERVE BANK OF SAN FRANCISCO ABOUT REORIENTING THE SOCIAL SECTOR AROUND OUTCOMES AND OUTCOMES-BASED FUNDING. WE LAUNCHED THE ADVANCING RESILIENCE IN COMMUNITY HEALTH PROJECT TO HELP NETWORKS OF COMMUNITY-BASED ORGANIZATIONS PREPARE FOR PARTNERSHIPS WITH HEALTHCARE SYSTEMS WITH THE GOAL OF BETTER ADDRESSING SOCIAL DETERMINANTS OF HEALTH AND IMPROVING HEALTH OUTCOMES FOR MORE PEOPLE. THE PROJECT WAS DESIGNED TO SHARE REAL-TIME INSIGHTS IN PARTNERSHIP WITH PARTICIPATING NETWORKS THROUGH MULTIMEDIA PUBLICATIONS, INCLUDING BLOGS AND VIDEO INTERVIEWS THAT DIRECTLY CAPTURE THE VOICES AND EXPERIENCES OF NETWORK LEADERS. NFF'S FULL COST FRAMEWORK WAS FOUND TO HAVE SIGNIFICANT BENEFITS TO BOTH NONPROFITS AND FUNDERS ACCORDING TO AN EVALUATION BY RESEARCH FIRM HARDER+COMPANY AND WAS FEATURED BY THE CHRONICLE OF PHILANTHROPY AS ONE OF EIGHT NATIONAL, NONPROFIT INNOVATIONS OF NOTE. WE PREPARED A SET OF FREELY AVAILABLE RESOURCES TO HELP NONPROFIT LEADERS NAVIGATE PRACTICAL IMPLICATIONS FROM THE RECENT FASB ACCOUNTING STANDARDS UPDATE. AND AS PART OF NFF'S COMMITMENT TO ADVANCING RACIAL EQUITY, ANTONY BUGG-LEVINE AUTHORED AN ARTICLE ABOUT WHY "COLOR BLIND" ASSESSMENTS OF GRANT PROPOSALS DON'T WORK; THE ARTICLE WAS ACCOMPANIED BY A CHART WITH EXAMPLES OF FINANCIAL ANALYSIS BLIND SPOTS AND HOW THEY CAN BE ADDRESSED. | Desc |
| Total Program Service Expenses | $18,725,902 | 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 | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | 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 | Yes (1) | 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 | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 31 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 100 | 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 | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | 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 | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KRISTINA DIXON CFO | PersonNm |
| Phone | 2136237001 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 HANOVER SQUARE 9TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (27 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 |
|---|---|---|---|---|---|---|---|---|---|
| ANTONY BUGG-LEVINE | |||||||||
| PRESIDENT/CEO | 50.00 | 0.50 | Yes (X) | Yes (X) | $374,059 | $0 | $56,788 | ||
| KRISTIN GIANTRIS | |||||||||
| MANAGING DIRECTOR | 50.00 | $301,631 | $0 | $42,572 | Yes (X) | ||||
| NORAH MCVEIGH | |||||||||
| MANAGING DIRECTOR | 50.00 | 0.60 | $284,565 | $0 | $55,449 | Yes (X) | |||
| CRAIG REIGEL | |||||||||
| CFO | 50.00 | 0.50 | Yes (X) | $274,192 | $0 | $26,898 | |||
| JENNIFER TALANSKY | |||||||||
| MANAGING DIRECTOR | 50.00 | $231,414 | $0 | $54,308 | Yes (X) | ||||
| JENNIFER KAWAR | |||||||||
| VP & CHIEF INVESTMENT OFFICER | 50.00 | $184,129 | $0 | $40,247 | Yes (X) | ||||
| ANAND ATTAVANE | |||||||||
| VP/CONTROLLER | 50.00 | $154,311 | $0 | $55,644 | Yes (X) | ||||
| SHAWN LUTHER | |||||||||
| VP, CHIEF CREDIT OFFICER | 50.00 | $187,393 | $0 | $13,213 | Yes (X) | ||||
| KATHYRN OLSEN | |||||||||
| VP LENDING - FINANCIAL SERVICES | 50.00 | $171,558 | $0 | $11,933 | Yes (X) | ||||
| SANDI CLEMENT MCKINLEY | |||||||||
| VP/ADVISORY SERVICES | 50.00 | $154,830 | $0 | $25,700 | Yes (X) | ||||
| HENRY RAMOS | |||||||||
| BOARD CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| OMMEED SATHE | |||||||||
| DIRECTOR/BOARD CHAIR THRU 3/14/19 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| STEPHEN DEBERRY | |||||||||
| TREASURER | 2.00 | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ANDREW B COHN | |||||||||
| SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| BETH BAFFORD | |||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| JAMES BILDNER | |||||||||
| DIRECTOR THRU 6/4/19 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| PHILLIP CLAY | |||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| DAVID ERICKSON | |||||||||
| DIRECTOR | 2.00 | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| TESSIE GUILLERMO | |||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| LISA HALL | |||||||||
| DIRECTOR THRU 6/4/19 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| CHRIS IGLESIAS | |||||||||
| DIRECTOR | 2.00 | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| NIKE IRVIN | |||||||||
| DIRECTOR | 2.00 | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| KIMBERLY JOHNSON | |||||||||
| DIRECTOR THRU 6/4/19 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOE MCCANNON | |||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| RUTH SALZMAN | |||||||||
| DIRECTOR | 2.00 | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| SONAL SHAH | |||||||||
| DIRECTOR THRU 3/14/19 | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN TAYLOR | |||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,318,082 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $382,752 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 35 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $200,000 | FederatedCampaignsAmt |
| Government Grants | $3,823,019 | GovernmentGrantsAmt |
| All Other Contributions | $5,835,554 | AllOtherContributionsAmt |
| Total Contributions | $9,858,573 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| INTEREST ON LOANS | 900099 | $8,832,277 | $8,832,277 |
| LOAN AND FINAN. FEES | 900099 | $2,292,409 | $2,292,409 |
| PRGM & CONTRACT FEES | 900099 | $1,489,571 | $1,489,571 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $12,614,257 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $19,967 | TotalRevenueColumnAmt |
| Exclusion | $19,967 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,120 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,120 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,120 | TotalRevenueColumnAmt |
| Exclusion | $2,120 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $84,054 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $77,920 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $6,134 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,134 | TotalRevenueColumnAmt |
| Exclusion | $6,134 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| TAX ABATEMENT | 900099 | $15,528 | $15,528 |
| PRINCIPAL REPAYMENTS FROM LOANS | 900099 | $5,171 | $5,171 |
| OTHER REVENUE | 900099 | $7 | $7 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $20,706 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $22,521,757 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $12,614,257 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $48,927 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $981,082 | TotalAmt |
| Program Services | $981,082 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,607,837 | TotalAmt |
| Program Services | $724,902 | ProgramServicesAmt |
| Management And General | $609,909 | ManagementAndGeneralAmt |
| Fundraising | $273,026 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,008,435 | TotalAmt |
| Program Services | $5,699,232 | ProgramServicesAmt |
| Management And General | $1,589,451 | ManagementAndGeneralAmt |
| Fundraising | $719,752 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $440,645 | TotalAmt |
| Program Services | $296,177 | ProgramServicesAmt |
| Management And General | $99,705 | ManagementAndGeneralAmt |
| Fundraising | $44,763 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $978,771 | TotalAmt |
| Program Services | $697,272 | ProgramServicesAmt |
| Management And General | $197,976 | ManagementAndGeneralAmt |
| Fundraising | $83,523 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $694,025 | TotalAmt |
| Program Services | $478,403 | ProgramServicesAmt |
| Management And General | $143,318 | ManagementAndGeneralAmt |
| Fundraising | $72,304 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $272,284 | TotalAmt |
| Program Services | $200,359 | ProgramServicesAmt |
| Management And General | $71,925 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,626 | TotalAmt |
| Program Services | $15,456 | ProgramServicesAmt |
| Management And General | $41,170 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,200 | TotalAmt |
| Program Services | $40,071 | ProgramServicesAmt |
| Management And General | $12,274 | ManagementAndGeneralAmt |
| Fundraising | $19,855 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,250 | TotalAmt |
| Program Services | $9,250 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $466,481 | TotalAmt |
| Program Services | $463,630 | ProgramServicesAmt |
| Management And General | $2,851 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,751 | TotalAmt |
| Program Services | $2,631 | ProgramServicesAmt |
| Management And General | $120 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $193,459 | TotalAmt |
| Program Services | $145,551 | ProgramServicesAmt |
| Management And General | $47,329 | ManagementAndGeneralAmt |
| Fundraising | $579 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $222,454 | TotalAmt |
| Program Services | $136,185 | ProgramServicesAmt |
| Management And General | $41,464 | ManagementAndGeneralAmt |
| Fundraising | $44,805 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,140,014 | TotalAmt |
| Program Services | $730,321 | ProgramServicesAmt |
| Management And General | $239,699 | ManagementAndGeneralAmt |
| Fundraising | $169,994 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $629,580 | TotalAmt |
| Program Services | $379,889 | ProgramServicesAmt |
| Management And General | $164,000 | ManagementAndGeneralAmt |
| Fundraising | $85,691 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,663 | TotalAmt |
| Program Services | $19,663 | ProgramServicesAmt |
| Management And General | $1,340 | ManagementAndGeneralAmt |
| Fundraising | $660 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,448,791 | TotalAmt |
| Program Services | $3,448,791 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $370,994 | TotalAmt |
| Program Services | $245,512 | ProgramServicesAmt |
| Management And General | $74,926 | ManagementAndGeneralAmt |
| Fundraising | $50,556 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $86,032 | TotalAmt |
| Program Services | $56,933 | ProgramServicesAmt |
| Management And General | $17,375 | ManagementAndGeneralAmt |
| Fundraising | $11,724 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt |
|---|---|---|---|
| UNRELATED BUSN INC EXP | $17,730 | $17,730 | |
| PROVISION FOR LOAN LOSS | $3,798,210 | $3,798,210 | |
| STAFF RECRUITING/TRAINI | $117,438 | $47,762 | $69,676 |
| MAINTENANCE & REPAIRS | $37,601 | $7,673 | $29,928 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,412 | TotalAmt |
| Program Services | $56,778 | ProgramServicesAmt |
| Management And General | $11,634 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,742,765 | TotalAmt |
| Program Services | $18,725,902 | ProgramServicesAmt |
| Management And General | $3,439,631 | ManagementAndGeneralAmt |
| Fundraising | $1,577,232 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,644,489 | BOYAmt |
| EOY | $17,553,999 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,144,306 | BOYAmt |
| EOY | $4,218,312 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,238,612 | BOYAmt |
| EOY | $4,516,903 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,790,748 | BOYAmt |
| EOY | $4,000,014 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $243,284 | BOYAmt |
| EOY | $266,951 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $4,062,540 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,870,045 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,486,362 | BOYAmt |
| EOY | $2,192,495 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $96,542 | BOYAmt |
| EOY | $17,945 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $133,829,216 | BOYAmt |
| EOY | $150,163,778 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $90,134 | BOYAmt |
| EOY | $9,330,134 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $156,563,693 | BOYAmt |
| EOY | $192,260,531 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,307,760 | BOYAmt |
| EOY | $2,592,367 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,778,904 | BOYAmt |
| EOY | $11,021,315 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $86,242 | BOYAmt |
| EOY | $86,242 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $106,422,750 | BOYAmt |
| EOY | $133,947,750 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $110,595,656 | BOYAmt |
| EOY | $147,647,674 | 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 | $28,028,113 | BOYAmt |
| EOY | $25,676,514 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,939,924 | BOYAmt |
| EOY | $18,936,343 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,968,037 | BOYAmt |
| EOY | $44,612,857 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $156,563,693 | BOYAmt |
| EOY | $192,260,531 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$1,221,008 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $15,828 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$150,000 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| 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) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| 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 | $4,825,418 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $17,080,404 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,592,149 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,460,209 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,858,573 | CurrentTaxYearAmt |
| Total | $46,816,753 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,825,418 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $17,080,404 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,592,149 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,460,209 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,858,573 | CurrentTaxYearAmt |
| Total | $46,816,753 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $15,003,622 | SubstantialContributorsTotAmt |
| Public Support Total170 | $31,813,131 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,413 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,210 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,305 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $13,636 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,087 | CurrentTaxYearAmt |
| Total | $52,651 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,791 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,996 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,515 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,641 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $20,706 | CurrentTaxYearAmt |
| Total | $37,649 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $46,907,053 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $54,991,551 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.67820 | PublicSupportCY170Pct |
| Public Support PY170 | 0.62780 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | MISCELLANEOUS INCOME - 2015 AMOUNT: $ 8,791. 2016 AMOUNT: $ 1,250. 2017 AMOUNT: $ 3,515. 2018 AMOUNT: $ 2,641. 2019 AMOUNT: $ 7. REFUND - 2016 AMOUNT: $ 746. TAX ABATEMENT - 2019 AMOUNT: $ 15,528. PRINCIPAL REPAYMENTS FROM LOANS - 2019 AMOUNT: $ 5,171. | ExplanationTxt |
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 | $9,250 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $9,250 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $22,156,283 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $22,165,533 | 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 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $9,250 | CurrentYearAmt |
| Total | $9,250 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | 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 | $2,185,283 | OtherCostOrOtherBasisAmt |
| Depreciation | $593,022 | DepreciationAmt |
| Book Value | $1,592,261 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,210,368 | OtherCostOrOtherBasisAmt |
| Depreciation | $979,517 | DepreciationAmt |
| Book Value | $230,851 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $666,889 | OtherCostOrOtherBasisAmt |
| Depreciation | $297,506 | DepreciationAmt |
| Book Value | $369,383 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,192,495 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LOANS RECEIVABLE | Desc |
| Book Value | $150,163,778 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $150,163,778 | TotalBookValueProgramRltdAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $19,204,653 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $15,828 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $265,859 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $281,687 | RevenueNotReportedAmt |
| Revenue Subtotal | $18,922,966 | RevenueSubtotalAmt |
| Other Revenues Not Included | $3,598,791 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $3,598,791 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $22,521,757 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $20,559,833 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $265,859 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $265,859 | ExpensesNotReportedAmt |
| Expenses Subtotal | $20,293,974 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $3,448,791 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $3,448,791 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $23,742,765 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | NONPROFIT FINANCE FUND HELD A CUSTODIAL BANK ACCOUNT FOR A NEW MARKET TAX CREDIT OF WHICH NONPROFIT FINANCE FUND IS A MINIMAL PARTNER OF .01% AND THE FUNDS ARE USED AS OBLIGATION PAYMENTS AS AUTHORIZED BY THE PARTNERSHIP. |
| PART X, LINE 2: | THE FUND'S ACCOUNTING POLICY IS TO DISCLOSE LIABILITIES FOR UNCERTAIN TAX POSITIONS WHEN A LIABILITY IS PROBABLE AND ESTIMABLE. MANAGEMENT IS NOT AWARE OF ANY VIOLATION OF ITS TAX STATUS AS AN ORGANIZATION EXEMPT FROM INCOME TAXES, NOR OF ANY EXPOSURE TO UNRELATED BUSINESS INCOME TAX. THE FUND IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR THE PERIODS PRIOR TO 2016. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | INTEREST EXPENSE NETTED AGAINST INTEREST INCOME: 3,448,791. ADJUSTMENT ON PRIOR YEAR'S GRANT REVENUE 150,000. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INTEREST EXPENSE NETTED AGAINST INTEREST INCOME: 3,448,791. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (21 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| ALASKA ASSOCIATION FOR INFANT AND EARLY CHILDHOOD MENTAL HEALTH | |||||||
| PO BOX 240331 | ANCHORAGE | AK | 99524 | 800683225 | 501 (C)(3) | $10,000 | PARTICIPATION STIPENDS FOR ORGANIZATIONS IN THE ASSOCIATION FOR INFANT MENTAL HEALTH FINANCIAL TA PROJECT |
| ALLIANCE FOR THE ADVANCEMENT OF INFANT MENTAL HEALTH | |||||||
| 13101 ALLEN ROAD | SOUTHGATE | MI | 48195 | 474240714 | 501 (C)(3) | $10,000 | PARTICIPATION STIPENDS FOR ORGANIZATIONS IN THE ASSOCIATION FOR INFANT MENTAL HEALTH FINANCIAL TA PROJECT |
| ASSOCIATION OF INFANT MENTAL HEALTH IN TENNESSEE | |||||||
| 446 METROPLEX DRIVE SUITE A-224 | NASHVILLE | TN | 37211 | 814085326 | 501 (C)(3) | $10,000 | PARTICIPATION STIPENDS FOR ORGANIZATIONS IN THE ASSOCIATION FOR INFANT MENTAL HEALTH FINANCIAL TA PROJECT |
| BELMONT ALLIANCE CIVIC ASSOCIATION CDC | |||||||
| 871 NORTH HOLLY STREET FLOOR 2 | PHILADELPHIA | PA | 19104 | 233004021 | 501 (C)(3) | $30,000 | FINANCIAL LITERACY, FINANCIAL COMMUNICATION, PLANNING AND REPORTING AND FINANCIAL DECISION MAKING. |
| BME NETWORKS | |||||||
| 2103 CORAL WAY 2ND FL | MIAMI | FL | 33145 | 463083316 | 501 (C)(3) | $195,000 | FELLOWSHIP PROGRAM FUNDING |
| CAPITAL IMPACT PARTNERS | |||||||
| 1400 CRYSTAL DRIVE SUITE 500 | ARLINGTON | VA | 22202 | 521290127 | 501 (C)(3) | $133,333 | TO SUPPORT INTERNAL TRAINING & PRACTICE ENHANCEMENTS |
| FIRST3YEARS | |||||||
| 15851 DALLAS PARKWAY 106 | ADDISON | TX | 75001 | 752067421 | 501 (C)(3) | $10,000 | PARTICIPATION STIPENDS FOR ORGANIZATIONS IN THE ASSOCIATION FOR INFANT MENTAL HEALTH FINANCIAL TA PROJECT |
| IDUHA IPA LLC DBA ENGAGEWELL IPA LLC | |||||||
| 307 WEST 38TH STREET 3RD FLOOR | NEW YORK | NY | 10018 | 320525858 | $83,333 | BUILDING CAPACITY, RESILIENCE, & HEALTH PARTNERSHIPS | |
| ILLINOIS ASSOCIATION FOR INFANT MENTAL HEALTH | |||||||
| 451 N LASALLE | CHICAGO | IL | 60654 | 363149881 | 501 (C)(3) | $10,000 | PARTICIPATION STIPENDS FOR ORGANIZATIONS IN THE ASSOCIATION FOR INFANT MENTAL HEALTH FINANCIAL TA PROJECT |
| INDOCHINESE AMERICAN COUNCIL | |||||||
| 4936 OLD YORK ROAD | PHILADELPHIA | PA | 19141 | 232235948 | 501 (C)(3) | $30,000 | FINANCIAL LITERACY, FINANCIAL COMMUNICATION, PLANNING AND REPORTING AND FINANCIAL DECISION MAKING. |
| MACC ALLIANCE OF CONNECTED COMMUNITIES | |||||||
| 414 8TH STREET SOUTH | MINNEAPOLIS | MN | 55404 | 411959688 | 501 (C)(3) | $83,333 | BUILDING CAPACITY, RESILIENCE, & HEALTH PARTNERSHIPS |
| MICHIGAN ASSOCIATION FOR INFANT MENTAL HEALTH | |||||||
| 13101 ALLEN ROAD | SOUTHGATE | MI | 48195 | 382256399 | 501 (C)(3) | $10,000 | PARTICIPATION STIPENDS FOR ORGANIZATIONS IN THE ASSOCIATION FOR INFANT MENTAL HEALTH FINANCIAL TA PROJECT |
| MIGHTY WRITERS | |||||||
| 1501 CHRISTIAN STREET | PHILADELPHIA | PA | 19146 | 010920922 | 501 (C)(3) | $30,000 | FINANCIAL LITERACY, FINANCIAL COMMUNICATION, PLANNING AND REPORTING AND FINANCIAL DECISION MAKING. |
| RHODE ISLAND ASSOCIATION FOR INFANT MENTAL HEALTH | |||||||
| 350 POINT STREET | PROVIDENCE | RI | 02903 | 571170681 | 501 (C)(3) | $10,000 | PARTICIPATION STIPENDS FOR ORGANIZATIONS IN THE ASSOCIATION FOR INFANT MENTAL HEALTH FINANCIAL TA PROJECT |
| RUTGERS THE STATE UNIVERSITY OF NJ | |||||||
| 33 KNIGHTSBRIDGE ROAD | PISCATAWAY | NJ | 08854 | 226001086 | THE STATE OF NJ | $71,500 | NEWARK RESILIENCE INITIATIVE EXTENSION PROGRAM |
| THOMAS JEFFERSON AREA COALITION FOR THE HOMELESS | |||||||
| PO BOX 34 | CHARLOTTESVILLE | VA | 22902 | 264577927 | 501 (C)(3) | $83,333 | BUILDING CAPACITY, RESILIENCE, & HEALTH PARTNERSHIPS |
| TREE HOUSE BOOKS | |||||||
| 1430 W SUSQUEHANNA AVENUE | PHILADELPHIA | PA | 19121 | 593802913 | 501 (C)(3) | $30,000 | FINANCIAL LITERACY, FINANCIAL COMMUNICATION, PLANNING AND REPORTING AND FINANCIAL DECISION MAKING. |
| URBAN AFFAIRS COALITION | |||||||
| 1207 CHESTNUT STREET | PHILADELPHIA | PA | 19107 | 237046393 | 501 (C)(3) | $30,000 | FINANCIAL LITERACY, FINANCIAL COMMUNICATION, PLANNING AND REPORTING AND FINANCIAL DECISION MAKING. |
| WASHINGTON ASSOCIATION FOR INFANT MENTAL HEALTH | |||||||
| 1833 N 105TH STREET 203 | SEATTLE | WA | 98133 | 464567104 | 501 (C)(3) | $10,000 | PARTICIPATION STIPENDS FOR ORGANIZATIONS IN THE ASSOCIATION FOR INFANT MENTAL HEALTH FINANCIAL TA PROJECT |
| WEST PHILADELPHIA ALLIANCE FOR CHILDREN | |||||||
| 5070 PARKSIDE AVENUE SUITE 1414 | PHILADELPHIA | PA | 19131 | 201574860 | 501 (C)(3) | $30,000 | FINANCIAL LITERACY, FINANCIAL COMMUNICATION, PLANNING AND REPORTING AND FINANCIAL DECISION MAKING. |
| WISCONSIN ALLIANCE FOR INFANT MENTAL HEALTH INC | |||||||
| 133 S BUTLER ST SUITE 340 | MADISON | WI | 53703 | 271258002 | 501 (C)(3) | $10,000 | PARTICIPATION STIPENDS FOR ORGANIZATIONS IN THE ASSOCIATION FOR INFANT MENTAL HEALTH FINANCIAL TA PROJECT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 20 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | NONPROFIT FINANCE FUND (NFF) MAKES GRANTS TO OTHER NONPROFIT ORGANIZATIONS AS PART OF A VARIETY OF INITIATIVES WITH NFF FUNDERS AND IN A MANNER THAT ALIGNS WITH NFF'S MISSION. GRANTS ARE REVIEWED AND APPROVED BASED UPON THE CRITERIA ESTABLISHED BY THE FUNDER AND THE GRANTEES' CAPACITY TO SERVE THEIR COMMUNITIES AND TO FURTHER THEIR CHARITABLE MISSION. GRANTS ARE ONLY DISBURSED AFTER RECEIVING WRITTEN AND SIGNED ACKNOWLEDGEMENT BY THE GRANTEE OF THE RESTRICTIONS ON THE GRANT. AFTER DISBURSEMENT AND DURING TERM OF GRANT, THE GRANTEE IS REQUIRED TO PROVIDE PERIODIC REPORTS RELATED TO GRANT COMPLIANCE. A GRANT MANAGER AT NFF MONITORS THE GRANTEE ORGANIZATION ACCOMPLISHMENTS AND REPORTS BACK TO THE FUNDER ORGANIZATION FUNDING THE INITIATIVE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| 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 | 0 | 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 (10 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ANTONY BUGG-LEVINE | ||||||||||||||
| PRESIDENT/CEO | $317,059 | $0 | $57,000 | $0 | $0 | $0 | $21,733 | $0 | $35,055 | $0 | $430,847 | $0 | $0 | $0 |
| KRISTIN GIANTRIS | ||||||||||||||
| MANAGING DIRECTOR | $251,047 | $0 | $49,000 | $0 | $1,584 | $0 | $18,460 | $0 | $24,112 | $0 | $344,203 | $0 | $0 | $0 |
| NORAH MCVEIGH | ||||||||||||||
| MANAGING DIRECTOR | $238,565 | $0 | $46,000 | $0 | $0 | $0 | $17,555 | $0 | $37,894 | $0 | $340,014 | $0 | $0 | $0 |
| CRAIG REIGEL | ||||||||||||||
| CFO | $239,192 | $0 | $35,000 | $0 | $0 | $0 | $16,378 | $0 | $10,520 | $0 | $301,090 | $0 | $0 | $0 |
| JENNIFER TALANSKY | ||||||||||||||
| MANAGING DIRECTOR | $196,414 | $0 | $35,000 | $0 | $0 | $0 | $14,645 | $0 | $39,663 | $0 | $285,722 | $0 | $0 | $0 |
| JENNIFER KAWAR | ||||||||||||||
| VP & CHIEF INVESTMENT OFFICER | $172,129 | $0 | $12,000 | $0 | $0 | $0 | $11,193 | $0 | $29,054 | $0 | $224,376 | $0 | $0 | $0 |
| ANAND ATTAVANE | ||||||||||||||
| VP/CONTROLLER | $142,561 | $0 | $11,750 | $0 | $0 | $0 | $9,767 | $0 | $45,877 | $0 | $209,955 | $0 | $0 | $0 |
| SHAWN LUTHER | ||||||||||||||
| VP, CHIEF CREDIT OFFICER | $173,393 | $0 | $14,000 | $0 | $0 | $0 | $11,330 | $0 | $1,883 | $0 | $200,606 | $0 | $0 | $0 |
| KATHYRN OLSEN | ||||||||||||||
| VP LENDING - FINANCIAL SERVICES | $160,078 | $0 | $11,480 | $0 | $0 | $0 | $10,333 | $0 | $1,600 | $0 | $183,491 | $0 | $0 | $0 |
| SANDI CLEMENT MCKINLEY | ||||||||||||||
| VP/ADVISORY SERVICES | $139,830 | $0 | $15,000 | $0 | $0 | $0 | $10,065 | $0 | $15,635 | $0 | $180,530 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | THE BOARD DETERMINED THE CEO'S ANNUAL BONUS BY REVIEWING THE CEO'S PERFORMANCE AGAINST ESTABLISHED GOALS. THE BOARD REVIEWED, APPROVED AND DETERMINED AGGREGATE BONUS FOR THOSE/THE SENIOR STAFF DIRECTLY REPORTING TO THE CEO. FOR OTHER HIGHLY COMPENSATED EMPLOYEES THE INDIVIDUAL BONUSES WERE DETERMINED BY THEIR MANAGERS ACCORDING TO NFF POLICY, AND APPROVED BY THE CEO AND THE CFO. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE DRAFT OF THE FORM 990 IS PREPARED BY AN EXTERNAL PROFESSIONAL ACCOUNTING FIRM AND IS REVIEWED BY INTERNAL MANAGEMENT/CFO. UPON COMPLETION OF A DRAFT VERSION OF THE FORM 990, THE DRAFT IS SENT VIA ELECTRONIC MAIL TO MEMBERS OF THE AUDIT COMMITTEE OF NONPROFIT FINANCE FUND FOR THEIR PRELIMINARY REVIEW. THESE MATERIALS ARE SENT IN ADVANCE OF THE MEETING. DURING THE MEETING, A REVIEW OF THE FORM IS CONDUCTED AND THE COMMITTEE EITHER APPROVES THE 990 OR RECOMMENDS CHANGES, WHICH ARE SUBSEQUENTLY MADE AND REDISTRIBUTED TO COMMITTEE MEMBERS VIA ELECTRONIC MAIL FOR THEIR APPROVAL. THE MEMBERS MAY ALSO ELECT TO HOLD A SECOND MEETING TO REVIEW ANY CHANGES. ONCE THE DRAFT IS APPROVED, THE 990 IS PROVIDED ELECTRONICALLY TO THE FULL BOARD OF DIRECTORS, PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | NONPROFIT FINANCE FUND'S CONFLICT OF INTEREST AND DISCLOSURE POLICY WAS REVISED IN 2014. THE POLICY IS APPLICABLE TO ALL DIRECTORS, OFFICERS, COMMITTEE MEMBERS AND KEY EMPLOYEES. AT THE BEGINNING OF EACH YEAR, ALL SUCH PERSONS ARE ASKED TO SIGN A STATEMENT AFFIRMING THAT THE INDIVIDUAL HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST AND DISCLOSURE POLICY, HAS READ AND UNDERSTANDS THE POLICY AND AGREES TO COMPLY WITH THE POLICY. THE POLICY REQUIRES THAT ALL POTENTIAL CONFLICTS BE REPORTED TO THE BOARD OF DIRECTORS OR RELEVANT COMMITTEE TO DETERMINE IF A CONFLICT EXISTS AND IF SO, THAT IT BE ADDRESSED IN AN APPROPRIATE MANNER CONSISTENT WITH THE POLICY. THE POLICIES ALSO PROVIDE THAT INTERESTED PERSONS MAY NOT PARTICIPATE WHEN A POTENTIAL CONFLICT IS DETERMINED NOR BE PRESENT FOR THE APPROVAL OF ANY TRANSACTION OR BUSINESS INVOLVING THE INTERESTED PARTY. |
| FORM 990, PART VI, SECTION B, LINE 15 | NONPROFIT FINANCE FUND'S BOARD OF DIRECTORS IS RESPONSIBLE FOR DETERMINING THE COMPENSATION OF THE CEO. IN 2012 THE BOARD APPROVED THE COMPENSATION COMMITTEE'S RECOMMENDATION OF BASE SALARY AND TARGET BONUS. THESE RECOMMENDATIONS WERE BASED UPON FACTORS INCLUDING COMPENSATION PAID BY SIMILAR ORGANIZATIONS AND COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS. IN 2019, THE BOARD REVIEWED THE CEO'S PERFORMANCE AGAINST ESTABLISHED GOALS, AND THEN ADJUSTED THE CEO'S BASE SALARY FOR 2020 AND ANNUAL BONUS FOR 2019. EACH OF THESE DECISIONS WAS DOCUMENTED IN CONTEMPORANEOUS MINUTES. SENIOR STAFF REPORTING DIRECTLY TO THE CEO ARE PAID SALARIES DETERMINED BY THE CEO. FOR 2019 THE BOARD REVIEWED AND APPROVED A TOTAL POOL FOR BASE SALARY CHANGES AND BONUSES FOR THIS GROUP. THIS APPROVAL WAS CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES. THE CEO DETERMINED THE AMOUNT OF EACH INDIVIDUAL ADJUSTMENT AND BONUS WITHIN THOSE POOLS BASED UPON ENTERPRISE AND INDIVIDUAL PERFORMANCE AND SCOPE OF RESPONSIBILITIES. |
| FORM 990, PART VI, SECTION C, LINE 19 | FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE SERVICE CODE. IN ADDITION, FORMS 990 AND 1023, AS WELL AS THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE AVAILABLE UPON WRITTEN REQUEST DIRECTED TO THE NONPROFIT FINANCE FUND, 5 HANOVER SQUARE, 9TH FLOOR, NEW YORK, NY 10004, OR BY CALLING THE ORGANIZATION AT 212-868-6710. |
| FORM 990, PART XI, LINE 9: | ADJUSTMENT ON PRIOR YEAR'S GRANT REVENUE -150,000. |
| FORM 990, PART XII, LINE 2C: | NONPROFIT FINANCE FUND HAS AN AUDIT COMMITTEE, COMPOSED OF INDEPENDENT BOARD MEMBERS, THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| BUILDING FOR THE FUTURE INC | ||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 134078657 | INACTIVE | DE | 501(C)(3) | 12(A) | NONPROFIT FINANCE FUND | Yes (1) |
| NEW ENGLAND CULTURAL FACILITIES FUND | ||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 043278959 | DISSOLVED | MA | 501(C)(3) | 12(A) | NONPROFIT FINANCE FUND | Yes (1) |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (22 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Predominant Income TypePredominantIncomeTypeTxt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NFF NEW MARKETS FUND XVI LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 273227226 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | 0 | Yes (1) | 0.00010 | ||
| NFF NEW MARKETS FUND XVII LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 273227327 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | 0 | Yes (1) | 0.00010 | $85 | |
| NFF NEW MARKETS FUND XVIII LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 273227397 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | 0 | Yes (1) | 0.00010 | $1 | |
| NFF NEW MARKETS FUND XIX LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 273227511 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | 0 | Yes (1) | 0.00010 | $3 | |
| NFF NEW MARKETS FUND XX LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 273227559 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | 0 | Yes (1) | 0.00010 | $1 | $582 |
| NFF NEW MARKETS FUND XXI LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 273227607 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | 0 | Yes (1) | 0.00010 | $1 | $966 |
| NFF NEW MARKETS FUND XXII LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 273227792 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | 0 | Yes (1) | 0.00010 | $772 | |
| NFF NEW MARKETS FUND XXIII LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 273227871 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | 0 | Yes (1) | 0.00010 | $3 | $680 |
| NFF NEW MARKETS FUND XXIV LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 273227950 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | 0 | Yes (1) | 0.00010 | -$2 | $483 |
| NFF NEW MARKETS FUND XXV LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 273228011 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | 0 | Yes (1) | 0.00010 | $4 | $966 |
| NFF NEW MARKETS FUND XXVI LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 464909596 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | 0 | Yes (1) | 0.00010 | $1 | $598 |
| NFF NEW MARKETS FUND XXVII LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 464922051 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | 0 | Yes (1) | 0.00010 | $6 | $395 |
| NFF NEW MARKETS FUND XXVIII LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 464936104 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | 0 | Yes (1) | 0.00010 | $19 | $595 |
| NFF NEW MARKETS FUND XXX LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 464969840 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | 0 | Yes (1) | 0.00010 | $5 | $543 |
| NFF NEW MARKETS FUND XXXI LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 464977783 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | 0 | Yes (1) | 0.00010 | $6 | $1,094 |
| NFF NEW MARKETS FUND XXXII LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 464992297 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | 0 | Yes (1) | 0.00010 | $5 | $746 |
| NFF NEW MARKETS FUND XXXIV LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 465018327 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | 0 | Yes (1) | 0.00010 | $33 | $1,247 |
| NFF NEW MARKETS FUND XXXVII LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 611885294 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | 0 | Yes (1) | 0.00010 | $3 | $1,099 |
| NFF NEW MARKETS FUND XXXVIII LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 830527220 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | 0 | Yes (1) | 0.00010 | $901 | |
| NFF NEW MARKETS FUND XXXIX LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 352626140 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | 0 | Yes (1) | 0.00010 | $1 | $1,100 |
| NFF NEW MARKETS FUND XLI LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 825406766 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | 0 | Yes (1) | 0.00010 | $1,000 | |
| CHASE NMTC BREXTON INVESTMENT FUND LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 900906987 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | 0 | Yes (1) | 0.00010 | -$8 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | 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 | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |