2019-11-15T10:40:35-06:00 2018-12-31 221478099 COHNREZNICK LLP 7501 WISCONSIN AVENUE SUITE 400E BETHESDA MD 20814 990 2018-01-01 521260698 MANNA INC MANN 2028321845 6856 EASTERN AVE NW NO 100 WASHINGTON DC 20012 JAMES M DICKERSON PRESIDENT AND CEO 2028321845 2019-11-13 1 ED RYAN CPA P00223815 3016529100 2019-11-13 209.3.217.20 2019-11-13 16:26:26 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 0FC5460241256066D74A2C5C66FD8B85E1F8608D 2018 2020-03-31 21:24:44Z JAMES M DICKERSON 6856 EASTERN AVE NW NO 100 WASHINGTON DC 20012 6855332 0 X WWW.MANNADC.ORG X 1982 DC THE MISSION OF MANNA IS TO HELP LOW AND MODERATE INCOME PERSONS ACQUIRE QUALITY HOUSING, BUILD ASSETS FOR FAMILIES THROUGH HOME OWNERSHIP, REVITALIZE DISTRESSED NEIGHBORHOODS. 12 11 24 0 0 3556 1648456 1177808 2778646 1313383 20732 4271447 86832 29318 4534666 6791956 0 0 70264 0 1012104 754695 0 0 401346 1438038 1642709 2520406 2397404 2014260 4394552 11658354 16592797 7071285 8278418 4587069 8314379 X MANNA MISSION STATEMENT - REVISED AUGUST 19, 2010 THE MISSION OF MANNA, INC. IS TO HELP LOW AND MODERATE INCOME PERSONS ACQUIRE QUALITY HOUSING, BUILD ASSETS FOR FAMILIES THROUGH HOMEOWNERSHIP, REVITALIZE DISTRESSED NEIGHBORHOODS, PRESERVE RACIAL AND ETHNIC DIVERSITY AND PRESERVE AFFORDABLE RENTAL PROPERTY. MANNA ACCOMPLISHES ITS MISSION THROUGH THE FOLLOWING MEANS: " DEVELOPING AND BUILDING AFFORDABLE HOUSING, WITH EMPHASIS ON HOME OWNERSHIP HOUSING; PROVIDING, AT NO COST TO PARTICIPANTS, HIGH QUALITY FINANCIAL LITERACY TRAINING AND HOMEBUYER EDUCATION WITH PEER SUPPORT; "PROVIDING HIGHLY COMPETITIVE, RESPONSIBLE, LOW COST MORTGAGE LOANS; "PROVIDING CONTINUING, MULTI-FACETED POST-SETTLEMENT SUPPORT TO HOMEOWNERS; "PARTNERING WITH GOVERNMENT AGENCIES, OTHER NONPROFIT ORGANIZATIONS, AND FOR-PROFIT COMPANIES TO BOTH COMPLEMENT AND SUPPLEMENT MANNA'S WORK; "ADVOCATING FOR PUBLIC POLICIES AND RESOURCES THAT ARE INTEGRAL TO ITS WORK. 0 0 1714057 487974 MANNA ACQUIRES AND RENOVATES PROPERTIES FOR RESALE TO QUALIFIED LOW INCOME FAMILIES. MANNA ALSO CONSTRUCTS NEW HOMES FOR SALE TO QUALIFYING LOW INCOME AND MODERATE INCOME FAMILIES 37596 MANNA PROVIDES TRAINING CLASSES FOR FIRST TIME HOME BUYERS CONCERNING THEIR RIGHTS AND RESPONSIBILITIES OF HOMEOWNERSHIP 1751653 1 1 0 1 0 0 0 0 0 0 1 0 1 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 1 49 0 1 24 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 12 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JAMES M DICKERSON 2028321845 6856 EASTERN AVE NW WASHINGTON DC 20012 ASAKI BRADFORD DIRECTOR 2.00 X 0 0 0 ROBERT COOKE JR DIRECTOR 2.00 X 0 0 0 JEAN MASON DIRECTOR 2.00 X 0 0 0 KENNETH FULLER DIRECTOR 2.00 X 0 0 0 JAMES GRIFFIN JR DIRECTOR 2.00 X 0 0 0 JOSEPH COATES DIRECTOR 2.00 X 0 0 0 MICHAEL TIERNEY CHAIR 2.00 X 0 0 0 DOUGLAS DODGE DIRECTOR 2.00 X X 0 0 0 JAMES M DICKERSON FOUNDER, PRESIDENT & CEO 32.00 X X 57986 0 42177 TANYA MORRIS DIRECTOR 2.00 X 0 0 0 DOUG BIBBY DIRECTOR 2.00 X 0 0 0 DANIELLE BURNS DIRECTOR 2.00 X 0 0 0 ROZANNE LOOK SECRETARY 40.00 X 85926 0 33023 MARLENE CHURCH ASSISTANT SECRETARY 40.00 X 41097 0 13159 185009 0 88359 0 0 0 0 0 134056 183990 859762 15099 1177808 PROGRAM SERVICE FEES 531390 487974 487974 SALES OF HOMES 531390 399990 399990 OTHER INCOME 531390 343195 343195 INTERCOMPANY REVENUE 531390 82224 82224 1313383 58611 58611 92694 48941 43753 43753 43753 4212836 0 4212836 4212836 4212836 0 134056 14435 -14435 -14435 6791956 1357136 0 4257012 273368 200045 73323 422808 300832 121976 58519 45307 13212 14628 14628 4690 4473 101 116 8063 8063 79316 39202 6295 33819 3841 3362 479 17067 3555 13512 5667 4352 1315 12860 12860 77208 77208 18164 18164 ALLOCATION OF EXPENSES 636435 393019 121708 121708 COST OF SALES OF HOME 562773 562773 PREDEVELOPMENT COST 56003 56003 REPAIRS AND MAINTENANCE 29176 23283 5893 116818 82655 18170 15993 2397404 1751653 244405 401346 2016102 6402378 6973754 5059910 213431 239896 387476 0 45112 38610 1378042 855353 791262 522689 131593 129874 3292720 1099624 906720 11658354 16592797 3276226 2677235 71101 68601 3572940 5387076 151018 145506 7071285 8278418 X 3136979 6887917 255385 231757 1194705 1194705 4587069 8314379 11658354 16592797 X 4394552 -667242 X X 0 1 X 1 0 X 769665 1295239 1211709 1648456 1177808 6102877 769665 1295239 1211709 1648456 1177808 6102877 508692 5594185 18141 19881 18715 20732 102364 179833 6282710 17014101 0.89040 0.97950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4021 2495 6516 2390887 2397403 269870 67468 0 0 426992 460395 269870 1157257 1735886 84155 11847 6516 102518 106748 115098 67468 289314 433971 4021 4021 70000 70000 921730 583570 338160 386312 271783 114529 522689 WORK IN PROGRESS 3292720 F 3292720 PROJECTS IN PRECONSTRUCTION 708452 DEPOSITS 198268 906720 ESCROW DEPOSITS 1882 DEFERRED REVENUE 143624 145506 X PART X, LINE 2: THE ORGANIZATION, EXCEPT FOR MANNA VENTURES, THE PARTNERSHIP, HISTORIC WHITELAW, ATHENA, AND THE INVESTMENT ENTITIES WHICH ARE FOR-PROFIT SUBSIDIARIES, ARE EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT FOR UNRELATED BUSINESS INCOME AS DEFINED IN THE CODE. MANNA, INC. AND ITS SUBSIDIARIES AND AFFILIATES DID NOT HAVE ANY UNRELATED BUSINESS INCOME DURING THE YEARS ENDED DECEMBER 31, 2018 AND 2017. IN ADDITION, THE ORGANIZATION QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. THE TAX RETURNS FOR THE YEARS 2017 TO 2015 ARE OPEN TO EXAMINATION BE FEDERAL, LOCAL, AND STATE AUTHORITIES. DC MD VA FRIENDS OF MANNA 110849 110849 9908 5K 23207 23207 4527 134056 134056 14435 14435 -14435 JAMES M DICKERSON PRESIDENT AND CEO REVOLVE LOAN FUND X 63601 63601 0 0 1 MICHAEL TIERNEY CHAIR REVOLVE LOAN FUND X 10000 5000 0 0 1 68601 JAMES M DICKERSON PRESIDENT AND CEO 63601 REVOLVE LOAN FUND 0 MICHAEL TIERNEY CHAIR 10000 REVOLVE LOAN FUND 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD RECIEVES A COPY OF FORM 990 FORM 990, PART VI, SECTION B, LINE 12C MANNA EMPLOYEES SIGN A CONFLICT OF INTEREST POLICY EACH YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS OFFICER COMPENSATION AND APPROVES IT. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC FORM 990, PART XI, LINE 9: FORGIVENESS OF DEBT -667,242. FORM 990, PART XII, LINE 2C: MANNA HAS FINANCIAL OFFICERS THAT REVIEW AND ISSUE APPROVAL ON THE AUDITED FINANCIAL STATEMENTS EVERY YEAR. THIS PROCESS REMAINS THE SAME. MANNA COMMUNITY DEVELOPMENT CORP 6856 EASTERN AVE NW WASHINGTON DC 20012 521565409 DEVELOPMENT DC 501(C)(3) 509(A)(2) MANNA INC 0 MANNA MORTGAGE INC 6856 EASTERN AVE NW WASHINGTON DC 20012 320071643 SERVICES DC 501(C)(3) 509(A)(2) MANNA INC 0 HISTORIC WHITELAW LLC 6856 EASTERN AVE NW WASHINGTON DC 20012 320372111 LOW INCOME RENTALLOW INCOME RE DC MANNA INC 0 0 0.00010 ATHENA LLC 6856 EASTERN AVE NW WASHINGTON DC 20012 464733458 LOW INCOME RENTALLOW INCOME RE DC MANNA INC 0 0 0.00010 MANNA VENTURES 6856 EASTERN AVE NW WASHINGTON DC 20012 522303344 HOLDING ACCOUNT DC MANNA INC C 1.00000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 HISTORIC WHITELAW LLC I 365/365 HISTORIC WHITELAW LLC I 365/365 ATHENA LLC S 365/365