2019-10-10T12:46:36-05:00 2018-12-31 420714325 RSM US LLP 30 S 17TH STREET SUITE 710 PHILADELPHIA PA 19103 990 2018-01-01 232331946 THE REINVESTMENT FUND INC REIN 2155745800 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 MICHAEL M CRIST CFO 2155745800 2019-10-09 1 LYNNE JOHNSON P00757336 2157654600 2019-10-09 66.98.98.131 2019-10-09 15:22:33 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 2C3F20D443C579AC52A3CEECD046258A70BEA2FD 2018 2019-02-21 02:37:17Z DONALD HINKLE-BROWN 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 94296919 0 X WWW.REINVESTMENT.COM X 1985 PA THE REINVESTMENT FUND, INC. CREATES OPPORTUNITY FOR UNDERSERVED PEOPLE AND PLACES THROUGH PARTNERSHIPS. IT MARSHALS THE CAPITAL, ANALYTICS, AND EXPERTISE NECESSARY TO BUILD STRONG, HEALTHY, AND MORE EQUITABLE COMMUNITIES. 11 11 94 47 0 0 8326076 21206096 26275160 30678549 501569 958493 -294040 165176 34808765 53008314 10744616 4874782 0 0 11172030 8337994 0 0 95000 18388052 24712118 40304698 37924894 -5495933 15083420 465049712 583355846 302921386 405933413 162128326 177422433 THE REINVESTMENT FUND, INC. CREATES OPPORTUNITY FOR UNDERSERVED PEOPLE AND PLACES THROUGH PARTNERSHIPS. IT MARSHALS THE CAPITAL, ANALYTICS, AND EXPERTISE NECESSARY TO BUILD STRONG, HEALTHY, AND MORE EQUITABLE COMMUNITIES. 0 0 30362690 4729782 29986150 LENDING AND COMMUNITY INVESTING: ENCOMPASSES THE ORGANIZATION'S FINANCING OF HOMES, SCHOOLS, HEALTHY FOOD RETAIL, HEALTHCARE AND OTHER PROJECTS THAT BENEFIT LOW-WEALTH PEOPLE AND PLACES AND IS THE CORE LENDING FUNCTION OF THE ORGANIZATION. 1539684 532111 POLICY SOLUTIONS: CONDUCTS POLICY, DATA ANALYSIS AND SOCIAL IMPACT ANALYSES THAT ADVANCE REINVESTMENT FUND, INC.'S MISSION AND EFFECT SYSTEM CHANGE, ON BEHALF OF REINVESTMENT FUND, INC. AS WELL AS PUBLIC AND PHILANTHROPIC CLIENTS. 131796 145000 325464 SUSTAINABLE DEVELOPMENT FUND ("SDF"): REPRESENTS AN ENERGY-RELATED FUND THAT USES LOANS, INVESTMENTS AND GRANTS TO AUGMENT THE ORGANIZATION'S EXISTING ENERGY CONSERVATION AND COMMUNITY INVESTING EFFORTS. SDF WAS CREATED BY THE PARTIES TO THE PECO ENERGY COMPANY ("PECO ENERGY") RESTRUCTURING AND APPROVED BY THE PENNSYLVANIA PUBLIC UTILITY COMMISSION ("PUC") IN MAY 1998. 32034170 1 1 0 1 0 0 0 0 1 0 1 0 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 580 0 1 94 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 1 1 DE GA MD NJ NY PA VA X MICHAEL M CRIST 2155745800 1700 MARKET STREET19TH FLOOR PHILADELPHIA PA 19103 ELIZABETH SUR BOARD MEMBER/SECRETARY (THRU 6/1/18) 2.75 0.25 X X 0 0 0 JOHN S SUMMERS BOARD MEMBER 2.00 1.00 X 0 0 0 MARK ZANDI CHAIRMAN OF BOARD 2.00 1.00 X X 0 0 0 RAYMOND SKINNER LOAN COMMITTEE CHAIR 2.00 0.00 X X 0 0 0 SANDEEP WADHWA BOARD MEMBER 2.00 0.00 X 0 0 0 SAUL A BEHAR AUDIT COMMITTEE CHAIR 2.00 2.00 X X 0 0 0 SCOTT M JENKINS TREASURER, FINANCE COMMITTEE CHAIR 2.75 1.25 X X 0 0 0 TRINITA LOGUE GOVERNANCE COMMITTEE CHAIR 2.00 0.00 X X 0 0 0 MELISSA BRADLEY BOARD MEMBER (THRU 7/1/18) 2.00 2.00 X 0 0 0 PHYLLIS CATER BOARD MEMBER 2.75 0.25 X 0 0 0 KEN DALY BOARD MEMBER (THRU 11/1/18) 2.00 0.00 X 0 0 0 GABRIELLA DIFILIPPO BOARD MEMBER 2.00 0.00 X 0 0 0 KATHERINE O'REGAN BOARD MEMBER 2.00 0.00 X 0 0 0 DUDLEY BENOIT BOARD MEMBER 2.00 0.00 X 0 0 0 DONALD HINKLE-BROWN PRESIDENT & CEO 38.25 1.75 X 465229 0 27533 M AMANDA HIGH CHIEF OF STRATEGIC INITIATIVES 40.00 0.00 X 295814 0 19226 MICHAEL M CRIST EVP & CFO 38.25 1.75 X 329641 0 33808 NANCY WAGNER-HISLIP CHIEF INVESTMENT OFFICER 39.75 0.25 X 282509 0 34114 SHANNON FRESE ASSISTANT SECRETARY 39.00 1.00 X 99661 0 11804 IRA GOLDSTEIN PRESIDENT OF POLICY SOLUTIONS 40.00 0.00 X 234753 0 26729 ANDREW RACHLIN MANAGING DIRECTOR, LENDING & INVESTING 30.00 10.00 X 202206 0 30347 SUZANNE ALOI MANAGING DIRECTOR 10.00 30.00 X 192230 0 7106 BARRY POROZNI CIO 40.00 0.00 X 180950 0 15137 CHRISTINA SZCZEPANSKI MANAGING DIRECTOR, STRUCTURED FINANCE & PORTFOLIO 40.00 0.00 X 163570 0 29380 DANA JOHNSON MANAGING DIRECTOR, MARYLAND & WASHINGTON DC 40.00 0.00 X 160333 0 6495 2606896 0 241679 27 0 1 0 RSM US LLP 333 WEST 3RD STREET SUITE 200 DAVENPORT IA 52801 ACCOUNTING SERVICES 272590 NVG LLC 1640 RHODE ISLAND AVENUE SUITE 700 WASHINGTON DC 20036 LOBBYING, STRATEGIC ADVICE, OUTREACH 209500 COHN REZNICK LLP 500 E PRATT STREET SUITE 200 BALTIMORE MD 21202 ACCOUNTING SERVICES 197660 HA STORAGE 600 MARKET STREET SUITE 210 CHANHASSEN MN 55317 IT INFRASTRUCTURE 186229 MORGAN LEWIS & BOCKIUS LLP 1701 MARKET STREET PHILADELPHIA PA 191032921 LEGAL SERVICES 164235 7 8375000 12831096 21206096 INTEREST 525990 24449621 24449621 NMTC PLACEMENT FEES 900099 3707376 3707376 ASSET MANAGEMENT FEES 561000 1300445 1300445 FEE INCOME 900099 846982 846982 LOAN & LEASE FEES 525990 293125 293125 81000 81000 30678549 1140240 1140240 41106858 41288605 -181747 -181747 -181747 GAIN ON SALE OF LOANS 525990 990406 990406 GAIN FROM PARTNERSHIPS 525990 620241 620241 LOSSES ON INVESTMENTS 525990 -1462485 -1462485 17014 17014 165176 53008314 30843725 0 958493 4874782 4874782 1785070 1249549 535521 4769773 2256447 2418326 95000 285638 162564 123074 967799 618280 349519 529714 323652 206062 88728 54991 33737 281050 32000 249050 203733 203733 1328873 818602 510271 104479 49116 55363 301713 177599 124114 380507 234544 145963 603443 366121 237322 294063 201198 92865 598880 286157 312723 10847026 10847026 195758 115274 80484 184753 115729 69024 PROVISION FOR LOAN LOSS 8642454 8642454 STAFF DEVELOPMENT/RECRU 277406 62801 214605 LOANS RELATED EXPENSE 122041 122041 LOAN WRITE OFF 105515 105515 151696 113995 37701 37924894 32034170 5795724 95000 46728045 95198420 655423 6054817 3579923 4163306 0 7255 370106947 430907211 336084 384934 2842075 2181594 811753 660481 40834518 43331662 1997019 2647760 465049712 583355846 3981200 4908065 5201809 8761164 1640397 4978357 65827535 81312165 215166231 294027294 11104214 11946368 302921386 405933413 X 68250646 71689507 43748959 55899930 50128721 49832996 162128326 177422433 465049712 583355846 15083420 210687 0 X 0 1 X 1 1 1 X 15703978 5826691 29184427 8326076 21206096 80247268 15703978 5826691 29184427 8326076 21206096 80247268 35223832 45023436 359084 414029 544469 529232 1140240 2987054 2473449 2473449 85707771 125390379 0.52530 0.57090 X 257572 257572 37667322 37924894 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 251377 236092 258582 257572 1003623 250000 250000 250000 250000 1000000 1500000 PART II-B, LINE 1: REINVESTMENT FUND'S ADVOCACY EXPENSES INCLUDE ACTIVITIES TO LIFT UP OUR WORK AND THAT OF CDFIS BROADLY TO DELIVER CAPITAL, CREDIT, AND FINANCIAL SERVICES TO PEOPLE AND COMMUNITIES WHO HAVE BEEN UNDERSERVED BY THE NATION'S FINANCIAL SYSTEM. OUR EFFORTS ARE TO EDUCATE POLICYMAKERS ABOUT THE IMPORTANCE OF CDFIS' ROLE IN A VARIETY OF POLICY SPACES THAT AIM TO IMPROVE CRITICAL COMMUNITY INFRASTRUCTURE INCLUDING ACCESS TO HEALTHY FOOD, HEALTHCARE AND AFFORDABLE HOUSING. 0 1640397 4730969 1393009 4978357 1 X 1045594 528606 516988 981460 884144 97316 815021 768844 46177 660481 RESERVE FUNDS PAYABLE 3409154 ACCRUED LEASE INCENTIVE 552707 A/P-RELATED PARTY 31167 THIRD PARTY PARTICIPATION 7953340 11946368 X PART IV, LINE 2B: ESCROW ACCOUNTS FOR LENDING ACTIVITY PART X, LINE 2: INCOME TAXES: REINVESTMENT FUND IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, REINVESTMENT FUND QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. INCOME WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. REINVESTMENT FUND DID NOT HAVE ANY SIGNIFICANT UNRELATED BUSINESS INCOME TAX FOR THE YEARS ENDED DECEMBER 31, 2018 AND 2017. REINVESTMENT FUND PROVIDES SUPPLEMENTAL FUNDS TO EMPLOYEES FOR PARKING AND TRANSIT, WHICH IS NOW CONSIDERED TO BE UNRELATED BUSINESS INCOME FOR NONPROFIT ORGANIZATIONS UNDER THE TAX CUTS AND JOBS ACT OF 2017. MANAGEMENT HAS DETERMINED THAT THE UNRELATED BUSINESS INCOME RELATING TO THESE FRINGE BENEFITS IS NOT SIGNIFICANT. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. CONSEQUENTLY, NO ACCRUAL FOR INTEREST AND PENALTIES WAS DEEMED NECESSARY FOR THE YEAR ENDED DECEMBER 31, 2018 AND 2017. THE ORGANIZATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL AND STATE JURISDICTIONS. GENERALLY, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2015. NORTH AMERICA 0 1 PROGRAM SERVICES IT CONSULTING 3503 EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 PROGRAM SERVICES ADVERTISING & PUBLIC RELATIONS 16142 0 2 0 0 0 2 19645 0 19645 0 0 0 0 0 0 FORM 990, SCHEDULE F, LINE 3, COL (F) EXPENDITURES OF $3,503 WERE ORIGINATED IN CANADA FOR IT CONSULTING. EXPENDITURES OF $16,141.60 WERE ORIGINATED IN THE UNITED KINGDOM FOR ADVERTISING AND PUBLIC RELATIONS. 1 ANN KIDS INC 10100 JAMISON AVENUE PHILADELPHIA PA 19116 208934521 44398 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA ASOCIACION PUERTORRIQUENOS EN MARCHA INC 1900 N 9TH STREET SUITE 102 PHILADELPHIA PA 19122 231930630 501(C)(3) 180000 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA CHILDREN'S PLAYHOUSE EARLY LEARNING 2501-15 S MARSHALL STREET PHILADELPHIA PA 19148 471890173 322948 PROVIDE FACILITY EXPANSION GRANTS TO HIGH-QUALITY CHILD CARE CENTERS SERVING LOW-INCOME FAMILIES IN PHILADELPHIA. IN ADDITION, SOME OF THE GRANT FUNDS UTILIZED FOR INTEREST RATE BUY-DOWN AND CREDIT ENHANCEMENT OF TRF ISSUED LOANS FOR PROJECTS WITHIN THE FFQ PROGRAM. DIVERSIFIED COMMUNITY SERVICES 1529 SOUTH 22ND STREET PHILADELPHIA PA 19146 231365980 501(C)(3) 34259 PROVIDE FACILITY EXPANSION GRANTS TO HIGH-QUALITY CHILD CARE CENTERS SERVING LOW-INCOME FAMILIES IN PHILADELPHIA. IN ADDITION, SOME OF THE GRANT FUNDS UTILIZED FOR INTEREST RATE BUY-DOWN AND CREDIT ENHANCEMENT OF TRF ISSUED LOANS FOR PROJECTS WITHIN THE FFQ PROGRAM. PRATT STREET LEARNING CENTER 899 PRATT STREET PHILADELPHIA PA 19124 412279520 134559 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA REBUILD METRO 1129 N CAROLINE STREET BALTIMORE MD 21213 232671667 501(C)(3) 1133054 RESTRUCTURING GRANT FOR DP'S SEPARATION (RENAMED TO REBUILD METRO INC.) SWEETLAND CHILDCARE CENTER INC 4350 H STREET PHILADELPHIA PA 19124 453703377 226164 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA YOUR CHILD'S WORLD LEARNING CENTER INC 7120 N BROAD STREET PHILADELPHIA PA 19126 562494900 10999 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA KENSINGTON COMMUNITY FOOD CO-OP PO BOX 15234 PHILADELPHIA PA 19125 270659917 350000 PROVIDE PLANNING AND CAPITAL SUPPORT TO IMPROVE AND ENHANCE COMMERCIAL CORRIDOR PROJECT. CREATIVE LEARNING ENVIRONMENT INC 42 PENNS CT ASTON PA 19104 272117822 155376 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA PRECIOUS ANGELS INC 6100 N BROAD STREET PHILADELPHIA PA 19141 233019924 501(C)(3) 307238 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA ACCLAIM ACADEMY 1521 CONCORD PIKE STE 301 WILMINGTON DE 19803 462324680 316624 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA MERCY NEIGHBORHOOD MINISTRIES 1939 W VENANGO STREET PHILADELPHIA PA 19140 571144097 501(C)(3) 141090 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA KENCREST SERVICES 502 WEST GERMANTOWN PIKE SUITE 200 PLYMOUTH MEETING PA 19462 251439926 122545 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA METHODIST FAMILY SERVICES OF PHILADELPHIA 4300 MONUMENT ROAD PHILADELPHIA PA 19131 562311719 501(C)(3) 21121 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA CORA SERVICES INC 8540 VERREE ROAD PHILADELPHIA PA 19111 232323488 501(C)(3) 19747 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA WABASH MARKETS OF MARYLAND INC 5700 WABASH AVENUE BALTO MO 21215 831155761 63500 PROVIDE FUNDS FOR TENANT IMPROVEMENTS FOR DEVELOPMENT OF A SMALL BUSINESS ENTERPRISE URBAN ADVISORS 2320 WEST MOREHEAD STREET CHARLOTTE NC 28208 760794150 400000 TO SUPPORT GROWTH OF MINORITY AND WOMEN OWNED SMALL BUSINESSES AND ACCOMPANYING CONSTRUCTION ORIENTED JOBS IN THE EASTERN REGION OF THE UNITED STATES. GREEN BUILDING UNITED 2401 WALNUT STREET SUITE 103 PHILADELPHIA PA 19103 331010961 501(C)(3) 200000 TO PROVIDE EDUCATIONAL ACTIVITIES TO HELP WITH PHILADELPHIA'S TRANSITION TO THE 2018 INTERNATIONAL ENERGY CONSERVATION CODE LOCAL ENVIRONMENTAL AGRICULTURE PROJECT INC 1327 GRANDIN ROAD 201 ROANOKE VA 24015 271050909 501(C)(3) 15000 PROVIDE FUNDS TO IMPROVE THE CITY'S CAPACITY TO PROVIDE MORE EQUITABLE OPPORTUNITIES FOR ALL TO BE HEALTHLY EAU CLAIRE CITY - COUNTY HEALTH DEPARTMENT 203 S FARWELL STREET EAU CLAIRE WI 54701 396005436 501(C)(3) 14420 PROVIDE FUNDS TO IMPROVE THE CITY'S CAPACITY TO PROVIDE MORE EQUITABLE OPPORTUNITIES FOR ALL TO BE HEALTHLY RICHMOND MEMORIAL HEALTH FOUNDATION 4901 LIBBIE MILL EAST BOULEVARD SUITE 210 RICHMOND VA 23230 510211020 501(C)(3) 22500 PROVIDE FUNDS TO IMPROVE THE CITY'S CAPACITY TO PROVIDE MORE EQUITABLE OPPORTUNITIES FOR ALL TO BE HEALTHLY CITY OF STAMFORD 888 WASHINGTON BOULEVARD STAMFORD CT 06901 066001897 501(C)(3) 14600 PROVIDE FUNDS TO IMPROVE THE CITY'S CAPACITY TO PROVIDE MORE EQUITABLE OPPORTUNITIES FOR ALL TO BE HEALTHLY DOWNTOWN SYRACUSE FOUNDATION INC 115 WEST FAYETTE STREET SYRACUSE NY 13202 455419583 501(C)(3) 15000 PROVIDE FUNDS TO IMPROVE THE CITY'S CAPACITY TO PROVIDE MORE EQUITABLE OPPORTUNITIES FOR ALL TO BE HEALTHLY PEORIA CITY - COUNTY HEALTH DEPARTMENT 2116 N SHERIDAN ROAD PEORIA IL 61604 376001763 15000 PROVIDE FUNDS TO IMPROVE THE CITY'S CAPACITY TO PROVIDE MORE EQUITABLE OPPORTUNITIES FOR ALL TO BE HEALTHLY SOUTH CAROLINA COMMUNITY LOAN FUND 1064 GARDNER ROAD STE 302 CHARLESTON SC 29407 010793507 501(C)(3) 15000 PROVIDE FUNDS TO IMPROVE THE CITY'S CAPACITY TO PROVIDE MORE EQUITABLE OPPORTUNITIES FOR ALL TO BE HEALTHLY CITY OF IOWA CITY 410 E WASHINGTON STREET IOWA CITY IA 52240 426004805 501(C)(3) 15000 PROVIDE FUNDS TO IMPROVE THE CITY'S CAPACITY TO PROVIDE MORE EQUITABLE OPPORTUNITIES FOR ALL TO BE HEALTHLY UNIVERSITY OF NORTH CAROLINA AT GREENSBORO 1111 SPRING GARDEN STREET ROOM 2511 MHRA BUILDING GREENSBORO NC 27412 566001468 501(C)(3) 8500 PROVIDE FUNDS TO IMPROVE THE CITY'S CAPACITY TO PROVIDE MORE EQUITABLE OPPORTUNITIES FOR ALL TO BE HEALTHLY NAPA VALLEY COMMUNITY FOUNDATION 3299 CLAREMONT WAY SUITE 2 NAPA CA 94558 680349777 501(C)(3) 15000 PROVIDE FUNDS TO IMPROVE THE CITY'S CAPACITY TO PROVIDE MORE EQUITABLE OPPORTUNITIES FOR ALL TO BE HEALTHLY HEALTH EDUCATION COUNCIL 3950 INDUSTRIAL BOULEVARD 600 WEST SACRAMENTO CA 95691 680249296 501(C)(3) 15000 PROVIDE FUNDS TO IMPROVE THE CITY'S CAPACITY TO PROVIDE MORE EQUITABLE OPPORTUNITIES FOR ALL TO BE HEALTHLY UNITED WAY OF CENTRAL IOWA 1111 NINTH STREET STE 100 DES MOINES IA 50314 420680425 501(C)(3) 15000 PROVIDE FUNDS TO IMPROVE THE CITY'S CAPACITY TO PROVIDE MORE EQUITABLE OPPORTUNITIES FOR ALL TO BE HEALTHLY 19 12 PART I, LINE 2: APPLICATIONS FOR GRANTS ARE RECEIVED AND PROCESSED BY THE APPLICABLE PROGRAM MANAGER. ONCE APPROVED, GRANT DISBURSEMENTS ARE PROCESSED BY THE FINANCE DEPARTMENT. ONGOING COMPLIANCE WITH THE GRANT TERMS ARE MONITORED AND MAINTAINED BY THE APPLICABLE PROGRAM MANAGER AND THE FINANCE DEPARTMENT. X 0 1 X X X X X 0 0 0 0 0 0 0 1 0 DONALD HINKLE-BROWN PRESIDENT & CEO 377049 0 76070 0 12110 0 8896 0 18637 0 492762 0 0 0 M AMANDA HIGH CHIEF OF STRATEGIC INITIATIVES 228750 0 54508 0 12556 0 11000 0 8226 0 315040 0 0 0 MICHAEL M CRIST EVP & CFO 265062 0 63654 0 925 0 11000 0 22808 0 363449 0 0 0 NANCY WAGNER-HISLIP CHIEF INVESTMENT OFFICER 226308 0 54508 0 1693 0 10898 0 23216 0 316623 0 0 0 IRA GOLDSTEIN PRESIDENT OF POLICY SOLUTIONS 189488 0 44558 0 707 0 8500 0 18229 0 261482 0 0 0 ANDREW RACHLIN MANAGING DIRECTOR, LENDING & INVESTI 183272 0 18250 0 684 0 7539 0 22808 0 232553 0 0 0 SUZANNE ALOI MANAGING DIRECTOR 157255 0 21600 0 13375 0 7024 0 82 0 199336 0 0 0 BARRY POROZNI CIO 155871 0 18396 0 6683 0 7319 0 7818 0 196087 0 0 0 CHRISTINA SZCZEPANSKI MANAGING DIRECTOR, STRUCTURED FINANC 145280 0 17750 0 540 0 6572 0 22808 0 192950 0 0 0 DANA JOHNSON MANAGING DIRECTOR, MARYLAND & WASHIN 132848 0 14583 0 12902 0 6413 0 82 0 166828 0 0 0 PART I, LINE 1A ALTHOUGH THE ORGANIZATION DOES NOT HAVE A WRITTEN POLICY, IT IS OUR PRACTICE AS A CONVENIENCE TO OUR EMPLOYEES TO ALLOW THEM TO PURCHASE COMPANION TRAVEL ON THE CORPORATE CREDIT CARD. THE ORGANIZATION DEDUCTS THE COST OF THE COMPANION TRAVEL PURCHASED FROM THE EMPLOYEE'S SALARY (AFTER TAX) THROUGH THE NEXT SCHEDULED SEMI-MONTHLY PAYROLL AS THE EMPLOYEE IS ULTIMATELY RESPONSIBLE FOR THIS COST. PART I, LINE 7 THE COMPENSATION COMMITTEE, ESTABLISHED BY THE EXECUTIVE COMMITTEE OF THE RF BOARD, APPROVED THE THREE TIERS OF THE BONUS POOL WERE AWARDED BY MANAGERS' RECOMMENDATION AND CEO APPROVAL. THE COMMITTEE ALSO REVIEWED AND CONCURRED WITH THE INCENTIVE COMPENSATION AWARDS RECOMMENDED BY THE CEO FOR THE SENIOR MANAGEMENT TEAM IN THE HIGHEST PERFORMANCE TIER IN ACCORDANCE WITH THEIR DUTIES UNDER IRS INTERMEDIATE SANCTIONS. FURTHER, THE COMPENSATION COMMITTEE ALSO APPROVED A 2018 BONUS FOR THE CEO, WHICH WAS DETERMINED BY THE COMMITTEE INDEPENDENTLY OF THE CEO. THESE COMPENSATION DECISIONS WERE ALSO REVIEWED WITH THE ENTIRE BOARD MEMBERSHIP. DONALD HINKLE-BROWN OFFICER SEE BELOW X 7255 7255 0 0 0 7255 SCHEDULE L, PART II, (C) PURPOSE OF LOAN: OFFICER RECEIVED AN ADVANCE OF TRAVEL FUNDS THAT WAS STILL OUTSTANDING AT THE END OF THE YEAR AND THEREFORE WAS RECORDED AS A LOAN RECEIVABLE. THE ADVANCE WAS SATISFIED IN THE SUBSEQUENT YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ENGAGED OUR INDEPENDENT ACCOUNTANTS RSM US LLP TO PREPARE FORM 990 IN ACCORDANCE WITH OUR AUDITED FINANCIAL STATEMENTS. THE FORM 990 IS THEN REVIEWED BY MANAGEMENT, THE REINVESTMENT FUND, INC.'S AUDIT COMMITTEE (WHICH IS A SUB-COMMITTEE OF THE FULL BOARD WITH FISCAL AND FIDUCIARY OVERSIGHT) AND IS MADE AVAILABLE TO THE FULL GOVERNING BODY, PRIOR TO THE SUBMISSION OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C COMPREHENSIVE CONFLICT OF INTEREST QUESTIONNAIRE IS DISTRIBUTED ANNUALLY TO ALL BOARD AND COMMITTEE MEMBERS. UPON RECEIPT OF THE QUESTIONNAIRE, ALL BOARD, COMMITTEE MEMBERS AND STAFF HAVE 60 DAYS TO RETURN THE COMPLETED QUESTIONNAIRE TO THE ORGANIZATION'S HUMAN RESOURCE DEPARTMENT. THE COMPLETED QUESTIONNAIRES ARE REVIEWED AND MONITORED BY THE HUMAN RESOURCE DEPARTMENT AND ANY POTENTIAL CONFLICTS ARE COMMUNICATED TO THE ORGANIZATION'S MANAGEMENT AND BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION OF THE ORGANIZATION'S CEO THROUGH A VARIETY OF SOURCES, INCLUDING COMPETITOR DATA AND SURVEYS. ADDITIONALLY, THE ORGANIZATION HAS ENGAGED THE SERVICES OF AN INDEPENDENT CONSULTANT TO PROVIDE AN OPINION ON THE REASONABLENESS OF THE COMPENSATION PLAN FOR THE CEO, THREE TOP MANAGEMENT OFFICIALS AND TWO BUSINESS UNIT PRESIDENTS USING COMPARATIVE DATA AND SURVEY DATA. THE OPINION LETTER FOR THE CEO, THREE TOP MANAGEMENT OFFICIALS AND TWO BUSINESS UNIT PRESIDENT'S COMPENSATION IS SENT DIRECTLY TO THE CHAIRMAN OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST STATEMENT, FORM(S) 1023, 990 & 990T AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). AVAILABILITY IS MADE THROUGH ITS OFFICES AT 1700 MARKET STREET, 19TH FLOOR, PHILADELPHIA, PA 19103. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART IV, LINE 26: THE ORGANIZATION OFFERS PROMISSORY NOTES TO THE GENERAL PUBLIC THROUGH A PROSPECTUS OFFERING REGISTERED WITH THE PENNSYLVANIA DEPARTMENT OF BANKING AND SECURITIES. THE TERMS AND CONDITIONS OF THE PROMISSORY NOTES ARE SET BY THE PROSPECTUS AND ARE THE SAME FOR EVERYONE. THE PROSPECTUS IS AVAILABLE TO THE GENERAL PUBLIC, INCLUDING BOARD MEMBERS, OFFICERS AND EMPLOYEES OF THE ORGANIZATION. AT YEAR END, VOTING BOARD MEMBERS AND OFFICERS OF THE ORGANIZATION HAD LOANS OUTSTANDING UNDER THE PROSPECTUS. BASED ON GUIDANCE, PROVIDED FROM THE IRS, REGARDING DEBT OFFERED ON THE SAME TERMS AS OFFERED TO THE GENERAL PUBLIC, WE HAVE ANSWERED THIS QUESTION AS "NO AND DID NOT COMPLETE SCHEDULE L. AS PART OF OUR PROMISSORY NOTE PROGRAM, OUR DIRECTORS, OFFICERS, TRUSTEE, ETC MAKE UP $275,761 OF OUR PROMISSORY NOTE PROGRAM OF $19,783,653. THE ORGANIZATION ISSUED $50,935,000 AND $75,735,000 OF BONDS TO PURSUANT TO THE TERMS OF AN INDENTURE OF TRUST DATED APRIL 1, 2017 AND SEPTEMBER 1, 2018, RESPECTIVELY. NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THE BONDS. THE TERMS AND CONDITIONS OF THE BONDS ARE SET BY THE INDENTURE AND ARE THE SAME FOR ALL BONDHOLDERS. THE BONDS ARE AVAILABLE TO THE GENERAL PUBLIC, INCLUDING BOARD MEMBERS, OFFICERS AND EMPLOYEEES OF THE ORGANIZATION. TRADING AND SALES OF THE BONDS ARE NOT REPORTED TO THE ORGANIZATION AND THEREFORE THE ORGANIZATION CANNOT CLAIM KNOWLEDGE OF OR REPORT ON THE HOLDINGS OF ANY INDIVIDUAL OR INSTITUTION AS OF ANY SPECIFIC DATE. THIS INCLUDES THE AMOUNT THAT MAY BE HELD BY VOTING BOARD MEMBERS AND OFFICERS OF THE ORGANIZATION. 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