LIVING CITIES INC THE NATIONAL COMMUNITY DEVELOPMENT INITIATIVE: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- LIVING CITIES INC THE NATIONAL COMMUNITY DEVELOPMENT INITIATIVE (EIN 26-0003950)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2019-05-15
- IRS object ID
- 201921359349311442
- Schema version
- 2017v2.3
- 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 D
- Schedule F
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-15T16:56:39-05:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 132781641 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MITCHELL & TITUS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BATTERY PARK PLAZA | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 260003950 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LIVING CITIES INC THE NATIONAL COMMUNITY | BusinessNameLine1Txt |
| Business Name Line2 | DEVELOPMENT INITIATIVE | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LIVI | BusinessNameControlTxt |
| Phone | 6464422200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1040 AVENUE OF THE AMERICAS NO 17 F | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BEN HECHT | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 6464422200 | PhoneNum |
| Signature | 2019-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | FREDERICK E DAVIS JR | PreparerPersonNm |
| PTIN | P00446023 | PTIN |
| Phone | 2127094500 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 207.86.186.154 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-05-15 | IPDt |
| IP Tm | 16:50:38 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 7F1DFDCF091E22B21AB8D1D80F85041128AB9606 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 7F1DFDCF091E22B21AB8D1D80F85041128AB9606 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | BEN HECHT | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1040 AVENUE OF THE AMERICAS NO 17 F | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,503,027 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LIVINGCITIES.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2001 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | LIVING CITIES HARNESSES THE COLLECTIVE POWER OF PHILANTHROPY AND FINANCIAL INSTITUTIONS TO IMPROVE THE LIVES OF LOW-INCOME PEOPLE AND THE CITIES WHERE THEY LIVE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 54 | TotalEmployeeCnt |
| Total Volunteers | 18 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $5,422 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $28,128,179 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,809,243 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $602,383 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $548,578 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$226,332 | PYInvestmentIncomeAmt |
| CY Investment Income | $56,579 | CYInvestmentIncomeAmt |
| PY Other Revenue | $4,711 | PYOtherRevenueAmt |
| CY Other Revenue | $88,627 | CYOtherRevenueAmt |
| PY Total Revenue | $28,508,941 | PYTotalRevenueAmt |
| CY Total Revenue | $2,503,027 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,400,920 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,225,226 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,497,266 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,759,543 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $233,532 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $6,456,242 | PYOtherExpensesAmt |
| CY Other Expenses | $6,373,496 | CYOtherExpensesAmt |
| PY Total Expenses | $14,354,428 | PYTotalExpensesAmt |
| CY Total Expenses | $14,358,265 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $14,154,513 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$11,855,238 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $66,211,748 | TotalAssetsBOYAmt |
| Total Assets EOY | $51,737,225 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $33,301,649 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $31,448,814 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $32,910,099 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $20,288,411 | NetAssetsOrFundBalancesEOYAmt |
| Mission | LIVING CITIES HARNESSES THE COLLECTIVE POWER OF PHILANTHROPY AND FINANCIAL INSTITUTIONS TO IMPROVE THE LIVES OF LOW-INCOME PEOPLE AND THE CITIES WHERE THEY LIVE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $3,293,293 | ExpenseAmt |
| Desc | PUBLIC SECTOR INNOVATION - BY WORKING WITH PUBLIC SECTOR LEADERS TO FOSTER MORE NIMBLE, COLLABORATIVE, AND DATA-DRIVEN LOCAL GOVERNMENTS, LIVING CITIES SEEKS TO CHANGE THE CONVERSATION ABOUT CITIES BY PROMOTING THE ASSETS AND POTENTIAL OF URBAN NEIGHBORHOODS AND THEIR RESIDENTS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,969,296 | ExpenseAmt |
| Grant | $770,000 | GrantAmt |
| Desc | THE INTEGRATION INITIATIVE - DEMONSTRATES A NEW APPROACH TO BOTH PHILANTROPHY AND SYSTEMIC CHANGE. IT PROVIDES FINANCIAL PACKAGES THAT INCLUDE GRANTS, LOANS AND PROGRAM-RELATED INVESTMENTS (PRIS) TO TARGRTED AREAS, WHERE THE PUBLIC, PRIVATE, PHILANTROPIC AND NON-PROFIT SECTORS HAVE AGREED TO WORK AS PAERTNERS TO ADDRESS A VARIETY OF ISSUES, INCLUDING ACCESS TO EDUCATION, HOUSING, HEALTH CARE, TRANSIT AND JOBS FOR THEIR LOW-INCOME RESIDENTS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,686,478 | ExpenseAmt |
| Desc | KNOWLEDGE AND IMPACT - WORK IN THIS AREA INCLUDES THE ORGANIZATIONAL EVALUATION OF LIVING CITIES AS WELL AS INITIATIVES TO FOSTER THE SPREAD OF EXPERIMENTATION AND ADOPTION OF PROMISING APPROACHES BY ADOPTING AN OPEN SOURCED AND NETWORKED APPROACH TO SHARE KNOWLEDGE. LIVING CITIES WORKS CLOSELY WITH NETWORKS OF PRACTITIONERS TO RAPIDLY PROTOTYPE AND SHARE WHAT IS BEING LEARNED IN REAL-TIME WITH THE BROADER SOCIAL CHANGE FIELD. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,609,799 | ExpenseAmt |
| Grant | $1,455,226 | GrantAmt |
| Revenue | $548,578 | RevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $3,609,799 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $1,455,226 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $548,578 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $10,558,866 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| 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 | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (1) | 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 With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 52 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 54 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| 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 |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | 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 | Yes (1) | 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 | 0 | 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 | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ESTHER MENSAH-SULLIVAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6464422222 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1730 M STREET NW SUITE 400 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| BEN HECHT | ||||||||
| PRESIDENT & CEO | 40.00 | Yes (X) | Yes (X) | $465,761 | $0 | $27,204 | ||
| PATRICK MCCARTHY | ||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ANDREW PLEPLER | ||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| BRANDEE MCHALE | ||||||||
| BOARD MEMBER | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| XAVIER DESOUZA BRIGGS | ||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JILL NISHI | ||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| BARBARA PICOWER | ||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| RIP RAPSON | ||||||||
| BOARD MEMBER | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| CRAIG HOWARD | ||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| LEE SHEEHY | ||||||||
| BOARD MEMBER SINCE 9/2017 | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DENNIS WHITE | ||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| LATA REDDY | ||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD BESSER | ||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| RYAN WHALEN | ||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| PHILLIP HENDERSON | ||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JOE SCANTLEBURY | ||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JIM BAEK | ||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| MIKE RIZER | ||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JOAN TALLY | ||||||||
| BOARD MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ELODIE BAQUEROT | ||||||||
| CHIEF OPERATING OFFICER | 40.00 | $217,077 | $0 | $40,623 | Yes (X) | |||
| JULIE BOSLAND | ||||||||
| ASSOC DIR, PUBLIC SECTOR INNOVATION | 40.00 | $150,042 | $0 | $6,181 | Yes (X) | |||
| DEMETRIC DUCKETT | ||||||||
| ASSOC DIR, CAPITAL INNOVATION | 40.00 | $167,568 | $0 | $15,236 | Yes (X) | |||
| STEVEN BOSACKER | ||||||||
| DIRECTOR, PUBLIC SECTOR INNOVATION | 40.00 | $203,548 | $0 | $30,586 | Yes (X) | |||
| TYNESIA BOYEA-ROBINSON | ||||||||
| CHIEF OF PROGRAMS | 40.00 | $205,428 | $0 | $12,141 | Yes (X) | |||
| JANAY QUEEN NAZAIRE | ||||||||
| DIRECTOR, THE INTEGRATION INITIATIVE | 40.00 | $160,401 | $0 | $27,248 | Yes (X) | |||
| MATHEW SMITH | ||||||||
| DIRECTOR, OPERATIONS & FINANCE | 40.00 | $180,559 | $0 | $18,605 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,750,384 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $177,824 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 14 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| 1040 AVENUE OF THE AMERICAS LLC | |||||
| PO BOX 765 | SHORT HILLS | NJ | 07078 | RENT | $237,113 |
| NEXT STREET FINANCIAL | |||||
| 184 DUDLEY ST SUITE 200 | ROXBURY | MA | 02119 | CONSULTING SERVICES | $225,000 |
| RTI INTERNATIONAL | |||||
| PO BOX 900002 | RALEIGH | NC | 27675 | CONSULTING SERVICES | $162,728 |
| GLOBAL GATEWAY ADVISORS | |||||
| 81 PROSPECT STREET | BROOKLYN | NY | 11201 | CONSULTING SERVICES | $149,834 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $1,809,243 | AllOtherContributionsAmt |
| Total Contributions | $1,809,243 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LOAN FEES AND INTEREST | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $548,578 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $548,578 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $548,578 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $56,579 | TotalRevenueColumnAmt |
| Exclusion | $56,579 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $88,627 | TotalRevenueColumnAmt |
| Exclusion | $88,627 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $88,627 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,503,027 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $548,578 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $145,206 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,166,300 | TotalAmt |
| Program Services | $2,166,300 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,926 | TotalAmt |
| Program Services | $58,926 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,128,184 | TotalAmt |
| Management And General | $1,922,110 | ManagementAndGeneralAmt |
| Fundraising | $206,074 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,697,458 | TotalAmt |
| Program Services | $2,584,844 | ProgramServicesAmt |
| Management And General | $112,614 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $226,913 | TotalAmt |
| Management And General | $226,913 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $401,136 | TotalAmt |
| Program Services | $373,678 | ProgramServicesAmt |
| Fundraising | $27,458 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $305,852 | TotalAmt |
| Program Services | $182,811 | ProgramServicesAmt |
| Management And General | $123,041 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,461,161 | TotalAmt |
| Program Services | $3,089,064 | ProgramServicesAmt |
| Management And General | $372,097 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,793 | TotalAmt |
| Program Services | $57,836 | ProgramServicesAmt |
| Management And General | $17,957 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,060 | TotalAmt |
| Management And General | $55,060 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,916 | TotalAmt |
| Program Services | $63,760 | ProgramServicesAmt |
| Management And General | $18,156 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,808 | TotalAmt |
| Program Services | $12,808 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $161,482 | TotalAmt |
| Program Services | $20,491 | ProgramServicesAmt |
| Management And General | $140,991 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $208,436 | TotalAmt |
| Program Services | $2,689 | ProgramServicesAmt |
| Management And General | $205,747 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $513,364 | TotalAmt |
| Management And General | $513,364 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $660,899 | TotalAmt |
| Program Services | $494,469 | ProgramServicesAmt |
| Management And General | $166,430 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $313,345 | TotalAmt |
| Program Services | $219,078 | ProgramServicesAmt |
| Management And General | $94,267 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $443,135 | TotalAmt |
| Program Services | $443,135 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,934 | TotalAmt |
| Management And General | $81,934 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,057 | TotalAmt |
| Management And General | $37,057 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| LOAN LOSS RESERVE EXPEN | $241,063 | $241,063 | |
| BAD DEBT | $23,335 | $23,335 | |
| OTHER EXPENSE | $2,708 | $2,211 | $497 |
| INDIRECT COST ALLOCATIO | $0 | $522,368 | -$522,368 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,358,265 | TotalAmt |
| Program Services | $10,558,866 | ProgramServicesAmt |
| Management And General | $3,565,867 | ManagementAndGeneralAmt |
| Fundraising | $233,532 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,984,959 | BOYAmt |
| EOY | $15,414,410 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,414,674 | BOYAmt |
| EOY | $2,392,465 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,593,917 | BOYAmt |
| EOY | $7,111,695 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $163,036 | BOYAmt |
| EOY | $98,390 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $890,004 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $592,580 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $324,149 | BOYAmt |
| EOY | $297,424 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,479,986 | BOYAmt |
| EOY | $5,589,212 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,155,323 | BOYAmt |
| EOY | $20,737,925 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,704 | BOYAmt |
| EOY | $95,704 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,211,748 | BOYAmt |
| EOY | $51,737,225 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $372,109 | BOYAmt |
| EOY | $573,243 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,572,887 | BOYAmt |
| EOY | $915,178 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,992,886 | BOYAmt |
| EOY | $29,718,991 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $363,767 | BOYAmt |
| EOY | $241,402 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,301,649 | BOYAmt |
| EOY | $31,448,814 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,542,501 | BOYAmt |
| EOY | $11,429,353 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,367,598 | BOYAmt |
| EOY | $8,859,058 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,910,099 | BOYAmt |
| EOY | $20,288,411 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,211,748 | BOYAmt |
| EOY | $51,737,225 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$11,855,238 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$16,450 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | -$750,000 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
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 | $26,713,121 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,611,829 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,118,733 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $28,128,179 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,809,243 | CurrentTaxYearAmt |
| Total | $74,381,105 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $26,713,121 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,611,829 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,118,733 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $28,128,179 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,809,243 | CurrentTaxYearAmt |
| Total | $74,381,105 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $47,973,981 | SubstantialContributorsTotAmt |
| Public Support Total170 | $26,407,124 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $34,548 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $22,751 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $28,827 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $28,168 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $56,579 | CurrentTaxYearAmt |
| Total | $170,873 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,609 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,320 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,367 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,711 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $88,627 | CurrentTaxYearAmt |
| Total | $105,634 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $74,657,612 | TotalSupportAmt |
| Public Support CY170 | 0.35370 | PublicSupportCY170Pct |
| Public Support PY170 | 0.36320 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $249,114 | OtherCostOrOtherBasisAmt |
| Depreciation | $99,504 | DepreciationAmt |
| Book Value | $149,610 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $640,890 | OtherCostOrOtherBasisAmt |
| Depreciation | $493,076 | DepreciationAmt |
| Book Value | $147,814 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $297,424 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (6 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| NOTES AND LOANS RECEIVABLE | $19,006,845 | F |
| 4.0% SOCIAL FINANCE LLC | $254,500 | C |
| 2.0% IMPACT VENTURES III LP | $750,373 | C |
| 2.5% URBAN INNOVATION FD I LP | $275,000 | C |
| 5.2% MA PATHWAYS TO ECON ADV | $357,822 | C |
| DOMESTIC SMALL CAP PFS FUND I, LP | $93,385 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $20,737,925 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED RENT | Desc |
| Amt | $241,402 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $241,402 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $2,486,577 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$16,450 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$16,450 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,503,027 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $2,503,027 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $14,358,265 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $14,358,265 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $14,358,265 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE ACCOMPANYING FINANCIAL STATEMENTS OR FURTHER DISCLOSURE IN THE NOTES TO THE FINANCIAL STATEMENTS. | ExplanationTxt |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | EUROPE (INCLUDING ICELAND & GREENLAND) | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | GRANTMAKING | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $58,926 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $58,926 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $58,926 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | EUROPE (INCLUDING ICELAND & GREENLAND) | RegionTxt |
| Purpose Of Grant | GENERAL SUPPORT | PurposeOfGrantTxt |
| Cash Grant | $58,926 | CashGrantAmt |
| Manner Of Cash Disbursement | ELECTRONIC | MannerOfCashDisbursementTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | ALL ACTIVITIES REPORTED ON SCHEDULE F, PART I & PART II ARE REPORTED USING THE ACRUAL METHOD SCHEDULE F, PART I PROCEDURE FOR MONITORING USE OF FUNDS: PROGRAM MILESTONES, PERIODIC REPORTS AND FINANCIAL REPORTS ARE REQUIRED OF EACH GRANTEE. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (22 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| ASSOCIATION OF GREATER BALTIMORE AREA GRANTMAKERS | |||||||
| 2 E READ ST 2ND FLR | BALTIMORE | NY | 21202 | 521326863 | 501(C)(3) | $120,000 | SEE PART IV |
| THE MINNEAPOLIS FOUNDATION | |||||||
| 416029402 | 501(C)(3) | $200,000 | SEE PART IV | ||||
| THE SAN FRANCISCO FOUNDATION | |||||||
| ONE EMBARCADERO CT | SAN FRANCISCO | CA | 94111 | 010679337 | 501(C)(3) | $250,000 | SEE PART IV |
| CITY OF CHICAGO | |||||||
| CITY OF CHICAGO | $50,000 | SEE PART IV | |||||
| CITY OF MEMPHIS | |||||||
| CITY OF MEMPHIS | $100,000 | SEE PART IV | |||||
| CITY OF MILWAUKEE | |||||||
| CITY OF MILWAUKEE | $100,000 | SEE PART IV | |||||
| CHICAGO ANCHORS FOR A STRONG ECONOMY (CASE) - BEHALF OF THE CITY OF CHICAGO | |||||||
| 364313685 | $50,000 | SEE PART IV | |||||
| CITY OF CHARLOTTE | |||||||
| CITY OF CHARLOTTE | $100,000 | SEE PART IV | |||||
| MAYOR'S FUND FOR LOS ANGELES | |||||||
| 471084641 | $100,000 | SEE PART IV | |||||
| BOSTON COMMUNITY CAPITAL | |||||||
| 043246555 | $200,000 | SEE PART IV | |||||
| NEW MEXICO EDUCATORS FEDERAL CREDIT UNION FOUNDATION | |||||||
| 471284916 | $50,000 | SEE PART IV | |||||
| FRONTLINE ACTIVIST - NATHAN CUMMINGS FDN GRANT RECEIPT | |||||||
| 273450837 | $100,000 | SEE PART IV | |||||
| THE URBAN INSTITUTE | |||||||
| 520880375 | $33,000 | SEE PART IV | |||||
| CODE FOR AMERICA | |||||||
| 271067272 | $30,000 | SEE PART IV | |||||
| NEW MEXICO EDUCATORS FEDERAL CREDIT UNION FOUNDATION | |||||||
| 471284916 | $200,000 | SEE PART IV | |||||
| LOW INCOME INVESTMENT FUND DONATION FOR NANCY O ANDREWS | |||||||
| 942952578 | $5,000 | SEE PART IV | |||||
| FRONTLINE SOLUTIONS - WK KELLOGG FOUNDATION PASS-THRU | |||||||
| 273450837 | $284,300 | SEE PART IV | |||||
| FRONTLINE SOLUTIONS - RISE FOR BOYS & MEN OF COLOR PASS-THRU | |||||||
| 273450837 | $75,000 | SEE PART IV | |||||
| THE URBAN INSTITUTE - GRANT INCREASE | |||||||
| 520880375 | $6,000 | SEE PART IV | |||||
| ROBERT WOOD JOHNSON FOUNDATION | |||||||
| 226029397 | $5,000 | SEE PART IV | |||||
| CONSCIENCE COMMUNITY NETWORK | |||||||
| 900952780 | $100,000 | SEE PART IV | |||||
| INDEPENDENT SECTOR | |||||||
| 521081024 | $8,000 | SEE PART IV | |||||
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I DESCRIPTION OF PROCEDURE FOR MONITORING USE OF FUNDS: | FormAndLineReferenceDesc |
| Explanation | PROGRAM MILESTONES, PERIODIC REPORTS AND FINANCIAL REPORTS ARE REQUIRED OF EACH GRANTEE. PART II PURPOSE OF GRANT OR ASSISTANCE: PAGE 1: (1)SUPPORT OF WORK RELATED TO CREATE COHORT TII (2)SUPPORT OF WORK RELATED TO CREATE COHORT TII (3)SUPPORT OF WORK RELATED TO CREATE COHORT TII (4)SUPPORT OF WORK RELATED TO THE CITY ACCELERATOR'S COHORT 4. (5)SUPPORT OF WORK RELATED TO THE CITY ACCELERATOR'S COHORT 4. (6)SUPPORT OF WORK RELATED TO THE CITY ACCELERATOR'S COHORT 4. PAGE 2 (7)SUPPORT OF WORK RELATED TO THE CITY ACCELERATOR'S COHORT 4. (8)SUPPORT OF WORK RELATED TO THE CITY ACCELERATOR'S COHORT 4. (9)SUPPORT OF WORK RELATED TO THE CITY ACCELERATOR'S COHORT 4. (10)SUPPORT OF WORK RELATED TO THE CREATE COHORT (TII SITES). (11)SUPPORT OF WORK RELATED TO THE CREATE COHORT (TII SITES). (12)SUPPORT FISCAL SPONSORSHIP-FRONTLINE SOLUTIONS (13)SUPPORT CIVIC TECH AND DATA COLLABORATIVE FOR THE BENEFIT OF LOW-INCOME PEOPLE. (14)SUPPORT CIVIC TECH AND DATA COLLABORATIVE FOR THE BENEFIT OF LOW-INCOME PEOPLE. (15)SUPPORT ACCELERATE IMPROVEMENT OF THE WELL-BEING OF ALBUQUERQUE'S LOW-INCOME COMMUNITIES. PAGE 3: (16)CONTRIBUTION TO NANCY O. ANDREW'S LEGACY EVENT. (17)SUPPORT FISCAL SPONSORSHIP-FRONTLINE SOLUTIONS. (18)SUPPORT FISCAL SPONSORSHIP-FRONTLINE SOLUTIONS. (19)SUPPORT CIVIC TECH AND DATA COLLABORATIVE FOR THE BENEFIT OF LOW-INCOME PEOPLE. (20)CONTRIBUTION TO THE JENNIFER RIODAN MEMORIAL TRUST. (21)CONTRIBUTION FOR LOAN FORGIVENESS (22)MEMBERSHIP FEE TO JOIN PHILANTHROPIC SUPPORT ORGANIZATION | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| 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 | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BEN HECHT | ||||||||||||||
| PRESIDENT & CEO | $405,761 | $0 | $60,000 | $0 | $0 | $0 | $26,220 | $0 | $984 | $0 | $492,965 | $0 | $0 | $0 |
| ELODIE BAQUEROT | ||||||||||||||
| CHIEF OPERATING OFFICER | $209,577 | $0 | $7,500 | $0 | $0 | $0 | $21,606 | $0 | $19,017 | $0 | $257,700 | $0 | $0 | $0 |
| JULIE BOSLAND | ||||||||||||||
| ASSOC DIR, PUBLIC SECTOR INNOVATION | $148,542 | $0 | $1,500 | $0 | $0 | $0 | $5,167 | $0 | $1,014 | $0 | $156,223 | $0 | $0 | $0 |
| DEMETRIC DUCKETT | ||||||||||||||
| ASSOC DIR, CAPITAL INNOVATION | $165,568 | $0 | $2,000 | $0 | $0 | $0 | $6,958 | $0 | $8,278 | $0 | $182,804 | $0 | $0 | $0 |
| STEVEN BOSACKER | ||||||||||||||
| DIRECTOR, PUBLIC SECTOR INNOVATION | $198,548 | $0 | $5,000 | $0 | $0 | $0 | $20,067 | $0 | $10,519 | $0 | $234,134 | $0 | $0 | $0 |
| TYNESIA BOYEA-ROBINSON | ||||||||||||||
| CHIEF OF PROGRAMS | $53,935 | $0 | $0 | $0 | $151,493 | $0 | $5,967 | $0 | $6,174 | $0 | $217,569 | $0 | $0 | $0 |
| JANAY QUEEN NAZAIRE | ||||||||||||||
| DIRECTOR, THE INTEGRATION INITIATIVE | $157,901 | $0 | $2,500 | $0 | $0 | $0 | $16,425 | $0 | $10,823 | $0 | $187,649 | $0 | $0 | $0 |
| MATHEW SMITH | ||||||||||||||
| DIRECTOR, OPERATIONS & FINANCE | $175,559 | $0 | $5,000 | $0 | $0 | $0 | $7,192 | $0 | $11,413 | $0 | $199,164 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 4D, OTHER PROGRAM SERVICES: | RACE AND US CITIES- THE RACE AND US CITIES INITIATIVE REFERS TO LIVING CITIES' COMMITMENT TO ACCELERATING PROGRESS ON ISSUES OF RACIAL EQUITY AND INCLUSION AT THE SYSTEMS LEVEL. EXPENSES $1,132,447. INCLUDING GRANTS OF $ REVENUE $ CAPITAL INNOVATION - THE FOCUS OF WORK IN THIS PROGRAM AREA IS TO BLEND PUBLIC, PRIVATE AND PHILANTROPIC FINANCIAL RESOURCES IN NEW WAYS TO BETTER MEET THE NEEDS OF CITIES AND TO IMPROVE THE LIVES OF LOW INCOME PEOPLE. EXPENSES $756,719. INCLUDING GRANTS OF $ REVENUE $ FRONTLINE ACTIVEST - THROUGH THE FRONTLINE ACTIVEST PROGRAM, LIVING CITIES IS WORKING WITH LOCAL GOVERNMENTS TO ENSURE THAT FINANCIAL INSTRUMENTS ISSUED BY THE LOCAL GOVERNMENT, PARTICULARLY MUNICIPAL BONDS, ARE BACKED BY REPUTABLE PROGRAMS WHOSE BUDGETS ARE NOT DERIVED FROM UNJUST CITY PRACTICES, THE PROGRAM SEEKS TO BRING THESE ABUSES TO LIGHT AND LEVERAGE THE ENORMOUS POWER OF THE CAPITAL MARKETS TO ACCELAERATE CRIMINAL JUSTICE ACCOUNTABILITY AND REFORM IN U.S. CITIES. EXPENSES $507,500 INCLUDING GRANTS OF $ REVENUE $ |
| FORM 990, PART III, LINE 4D, OTHER PROGRAM SERVICES: | CIVIC TECHNOLOGY - LIVING CITIES IS EXPLORING WAYS TO MARRY INNOVATIONS IN DATA AND TECHNOLOGY WITH SYSTEM CHANGE EFFORTS. SMART CITIES TECHNOLOGIES, OPEN DATA, PREDICTIVE ANALYTICS AND APPS FOR CIVIC ENGAGEMENT HAVE PROLIFERATED IN RECENT YEARS, GIVING CITIES NEW AND POWERFUL TOOLS TO SOLVE TOUGH PROBLEMS. EXPENSES - $220,097 INCLUDING GRANTS OF $ REVENUE $ BEYOND JOBS - THE MISSION OF BEYOND JOBS IS TO EDUCATE WORKFORCE BODIES ACROSS THE UNITED STATES ABOUT THE POSSIBILITIES AND CHALLENGES OF LAUNCHING A PUBLIC MARKET FOR IRREGULAR WORK. THE PUBLIC MARKET FOR IRREGULAR WORK AIMS TO ENSURE MAXIMUM OPPORTUNITIES FOR IRREGULAR WORKERS AND EFFICIENCY FOR THE EMPLOYERS. EXPENSES $58,926. INCLUDING GRANTS OF $58,926. REVENUE $0. INCLUSIVE ECONOMIC GROWTH EXPENSES $117,854 INCLUDING GRANTS OF $ REVENUE $0 START-UP, STAY-UP, AND SCALE-UP - THE MISSION OF THE PROGRAM IS TO BREAK DOWN BARRIERS TO CAPITAL, STRENGTHEN POLICY ENVIRONMENTS, AND EXPAND NETWORKS AND TECHNICAL ASSISTANCE NECESSARY FOR BUSINESSES OWNED BY PEOPLE OF COLOR TO THRIVE. THE PROGRAM ALSO HOPES TO BUILD EVIDENCE ABOUT SYSTEM-LEVEL CHANGES NECESSARY TO SUPPORT ENTREPRENEURS OF COLOR. EXPENSES $209,493 INCLUDING GRANTS OF $ REVENUE $0 |
| FORM 990, PART III, LINE 4D, OTHER PROGRAM SERVICES: | ADMIRAL CENTER - THE MISSION OF THE ADMIRAL CENTER IS TO HELP CELEBRITIES USE THEIR RESOURCES AND INFLUENCE TO DEVELOP SUSTAINABLE AND IMPACTFUL SOLUTIONS TO IMPROVE THE LIVES OF LOW-INCOME PEOPLE IN AMERICA. SINCE ITS FOUNDING IN 2008, THE ADMIRAL CENTER HAS LEVERAGED THE EXPERTISE OF LIVING CITIES AND ITS MEMBER TO IMPROVE THE EFFECTIVENESS OF CELEBRITY AND ACCELERATE SOCIAL CHANGE. EXPENSES $49,532 INCLUDING GRANTS OF $ REVENUE $ |
| FORM 990, PART VI, SECTION A, LINE 7A | EACH "FUNDING ORGANIZATION" HAS THE RIGHT TO APPOINT A DIRECTOR TO THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION'S FORM 990 UNDERGOES A NUMBER OF INTERNAL AND EXTERNAL REVIEWS BEFORE IT IS FILED WITH THE IRS. THE RETURN IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM, MITCHELL TITUS, LLP, BASED ON INFORMATION PROVIDED BY THE ORGANIZATION'S CFO, AND IS REVIEWED BY THE ORGANIZATION'S CEO AND THE CFO AND THE AUDIT COMMITTEE PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL EMPLOYEES MUST SIGN A CONFLICT OF INTERST DISCLOSURE STATEMENT WHEN HIRED; THE STATEMENT EXPLICITLY REQUIRES THE EMPLOYEE TO REPORT, TO FILE, AND AMEND STATEMENT WITH THE CEO IF A CONFLICT MAY ARISE DURING THEIR TENURE. |
| FORM 990, PART VI, SECTION B, LINE 15 | IN 2013, THE ORGANIZATION RETAINED A COMPENSATION CONSULTANT TO REVIEW AND CONFIRM THE SALARY RANGES OF ALL POSITIONS IN THE ORGANIZATION. THE RESULTS OF THAT STUDY WERE UPDATED IN 2015, FISCAL YEAR 2016. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| LIVING CITIES CATALYST FUND LLC | |||||||||
| 1040 AVENUE OF THE AMERICAS | NEW YORK | NY | 10018 | 262987680 | PRI LENDER | DE | $100,000 | $28,100,668 | LCI |
| LIVING CITIES BLENDED CATALYST FUND LLC | |||||||||
| 1040 AVENUE OF THE AMERICAS | NEW YORK | NY | 10018 | 300889697 | PRI LENDER | DE | $120,000 | $46,000,000 | LCI |
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