ACCION OPPORTUNITY FUND COMMUNITY DEVELOPMENT: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- ACCION OPPORTUNITY FUND COMMUNITY DEVELOPMENT (EIN 31-1719434)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2019-02-19
- IRS object ID
- 201940509349300049
- 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 C
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-02-19T15:19:44-06:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 946214841 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARMANINO LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 W SAN FERNANDO ST STE 500 | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95113 | 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 | 311719434 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OPPORTUNITY FUND COMMUNITY DEVELOPMENT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | OPPO | BusinessNameControlTxt |
| Phone | 4082970204 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 WEST ST JOHN STREET NO 800 | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95113 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELIZABETH PESCH | PersonNm |
| Person Title | EXECUTIVE VP & CFO | PersonTitleTxt |
| Phone | 4082970204 | PhoneNum |
| Signature | 2019-02-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LAWRENCE S KUECHLER | PreparerPersonNm |
| PTIN | P00233621 | PTIN |
| Phone | 4082006400 | PhoneNum |
| Preparation | 2019-02-13 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 38.111.205.16 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-02-14 | IPDt |
| IP Tm | 16:43:14 | IPTm |
| IP Timezone | PS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 993F9509BDAFD5E86DDFF586BEF311A9261E2A06 | 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 | LUZ LOPEZ URRUTIA | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 WEST ST JOHN STREET NO 800 | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95113 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $24,027,189 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.OPPORTUNITYFUND.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1993 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | OPPORTUNITY FUND MISSION IS TO DRIVE ECONOMIC MOBILITY (SEE SCHEDULE O FOR CONTINUATION) BY DELIVERING AFFORDABLE CAPITAL AND RESPONSIBLE FINANCIAL SOLUTIONS TO DETERMINED ENTREPRENEURS AND COMMUNITIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 125 | TotalEmployeeCnt |
| Total Volunteers | 50 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $50,405 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $9,212,236 | PYContributionsGrantsAmt |
| CY Contributions Grants | $6,453,225 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $12,854,807 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $17,487,135 | CYProgramServiceRevenueAmt |
| PY Investment Income | $39,208 | PYInvestmentIncomeAmt |
| CY Investment Income | $55,750 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$184,238 | PYOtherRevenueAmt |
| CY Other Revenue | -$103,618 | CYOtherRevenueAmt |
| PY Total Revenue | $21,922,013 | PYTotalRevenueAmt |
| CY Total Revenue | $23,892,492 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $20,345 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $324,936 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $9,682,704 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $11,652,296 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $68,119 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,167,507 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $9,375,263 | PYOtherExpensesAmt |
| CY Other Expenses | $13,855,226 | CYOtherExpensesAmt |
| PY Total Expenses | $19,078,312 | PYTotalExpensesAmt |
| CY Total Expenses | $25,900,577 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,843,701 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$2,008,085 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $85,881,826 | TotalAssetsBOYAmt |
| Total Assets EOY | $101,313,439 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $57,436,140 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $74,899,735 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $28,445,686 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $26,413,704 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | OPPORTUNITY FUND MISSION IS TO DRIVE ECONOMIC MOBILITY BY DELIVERING AFFORDABLE CAPITAL AND RESPONSIBLE FINANCIAL SOLUTIONS TO DETERMINED ENTREPRENEURS AND COMMUNITIES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $18,419,002 | ExpenseAmt |
| Grant | $149,621 | GrantAmt |
| Revenue | $14,963,406 | RevenueAmt |
| Desc | SMALL BUSINESS PROGRAM - OPPORTUNITY FUND MAKES LOANS TO SMALL BUSINESSES THAT LACK ACCESS TO AFFORDABLE CREDIT FROM TRADITIONAL SOURCES. SINCE INCEPTION, THE ORGANIZATION HAS MADE OVER 13,800 LOANS TOTALING $322 MILLION TO SMALL BUSINESSES WHOSE OWNERS ARE PRIMARILY PEOPLE OF COLOR AND LOW AND MODERATE INCOME. IN 2017, THE ORGANIZATION FOR THE FIRST TIME BEGAN OFFERING LOANS OUTSIDE OF CALIFORNIA IN 12 ADDITIONAL STATES AND INTENDS TO EXPAND THIS FOOTPRINT IN THE FUTURE. VIRTUALLY ALL LOANS TO CALIFORNIA BASED BORROWERS ARE ENROLLED IN A LOAN LOSS RESERVE FUNDED BY THE STATE OF CALIFORNIA AS PART OF ITS CAPITAL ACCESS PROGRAM. APPROX. 5,000 ACTIVE BORROWERS SUPPORTING THEIR FAMILY AND EMPLOYEES FOR A TOTAL OF APPROX 15,000 INDIVIDUALS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,315,641 | ExpenseAmt |
| Grant | $6,435 | GrantAmt |
| Revenue | $663 | RevenueAmt |
| Desc | SAVINGS PROGRAM - OPPORTUNITY FUND ADMINISTERS A MATCHED SAVINGS AND FINANCIAL EDUCATION PROGRAM IN THE SAN FRANCISCO BAY AREA. SINCE INCEPTION, OPPORTUNITY FUND HAS FACILITATED THE OPENING OF 6,252 SAVINGS ACCOUNTS FOR CLIENTS AND MOBILIZED MORE THAN $20 MILLION IN INDIVIDUAL SAVINGS AND MATCHING FUNDS. THE ORGANIZATION DECIDED TO CEASE ENROLLMENT OF NEW CLIENTS, AS OF JULY 1ST, 2017, DUE TO REDUCED FUNDING FROM THE FEDERAL PROGRAM WHICH WAS THE PRIMARY SOURCE OF FUNDING. THE ORGANIZATION CONTINUES TO ADMINISTER THE PROGRAM FOR EXISTING CLIENTS AND EXPECTS THE LAST CLIENT TO COMPLETE THE PROGRAM BY DECEMBER 31ST, 2018. AN ESTIMATED 5,000 PEOPLE SERVED. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $729,284 | ExpenseAmt |
| Grant | $14,100 | GrantAmt |
| Revenue | $2,523,066 | RevenueAmt |
| Desc | NEW MARKET TAX CREDITS PROGRAM - IN 2003, THE ORGANIZATION WAS CERTIFIED BY THE U.S. DEPARTMENT OF TREASURY COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION FUND ("CDFI FUND") AS A COMMUNITY DEVELOPMENT ENTITY ("CDE") UNDER ITS NEW MARKET TAX CREDIT ("NMTC") PROGRAM. AS OF JUNE 30, 2018, THE ORGANIZATION HAS RECEIVED A CUMULATIVE TOTAL OF $ 348 MILLION OF TAX CREDIT ALLOCATIONS. THE ORGANIZATION THROUGH ITS SUBSIDIARY CDE, THE LCD NEW MARKETS FUND, LLC USES THESE ALLOCATIONS TO ATTRACT NEW CAPITAL TO SUPPORT LARGE REAL ESTATE PROJECTS PROVIDING HIGH COMMUNITY IMPACT IN LOW INCOME AREAS. AS OF JUNE 30, 2018 AND 2017, THE ORGANIZATION HAS DEPLOYED $299.4 MILLION AND $254.2 MILLION IN QUALIFIED EQUITY INVESTMENTS, RESPECTIVELY. AN ESTIMATED 680,000 PEOPLE SERVED. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $739,584 | ExpenseAmt |
| Grant | $154,780 | GrantAmt |
| Desc | POLICY PROGRAM: OPPORTUNITY FUND CONDUCTS PROGRAM EVALUATION AND RESEARCH AND ADVOCATES FOR FEDERAL, STATE AND LOCAL PUBLIC POLICIES THAT WILL BENEFIT OUR MISSION AND THE WORKING FAMILIES THAT OUR PROGRAMS SERVE. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $739,584 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $154,780 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $21,203,511 | 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 | 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 | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | 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 | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | 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 | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | 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 | 89 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 125 | 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 | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| 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 |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 14 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | 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 | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (1) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NICOLE LETELLIER | PersonNm |
| Phone | 4082970204 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 WEST ST JOHN STREET STE 800 | AddressLine1Txt |
| City | SAN JOSE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 95113 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| DICKSON CHU | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JIM KOSHLAND | |||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| AMY GURLEY - TO APRIL 2018 | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SHELLEY HARRISON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SARA LESLIE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ARTHUR JOHNSON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GINA DIAZ | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GREG AVIS | |||||||
| CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| BRIAN GRAHAM | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JONI CROPPER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| YUN-FANG JUAN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PARKER HUDNUT | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ERIC WEAVER | |||||||
| FOUNDER & SENIOR ADVISOR | 40.00 | Yes (X) | $209,752 | $0 | $30,735 | Yes (X) | |
| TODD BAKER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DEBRA ENGEL | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ZURI RUIZ - TO AUG 2017 | |||||||
| PRESIDENT & COO | 40.00 | $139,815 | $0 | $17,469 | Yes (X) | ||
| ANA THOMPSON | |||||||
| EXECUTIVE VP & CFO | 40.00 | $180,863 | $0 | $18,813 | Yes (X) | ||
| JEFF WELLS | |||||||
| VICE-PRESIDENT, NMTC FUND | 40.00 | $160,429 | $0 | $16,347 | Yes (X) | ||
| MARCO LUCIONI - TO APRIL 2018 | |||||||
| EXECUTIVE VP SMALL BUSINESS | 40.00 | $198,922 | $0 | $26,059 | Yes (X) | ||
| LUZ LOPEZ URRUTIA | |||||||
| PRESIDENT & CEO - FR. SEP 2017 | 40.00 | $88,075 | $0 | $6,982 | Yes (X) | ||
| MICHAEL RAPAPORT - FR JAN 2018 | |||||||
| SENIOR VP RISK & OPERATIONS | 40.00 | $0 | $0 | $0 | Yes (X) | ||
| GWYNETH GALBRAITH | |||||||
| CHIEF DEVELOPMENT OFFICER | 40.00 | $169,083 | $0 | $31,159 | Yes (X) | ||
| OTXIN ECHAIDE | |||||||
| DIRECTOR SMALL BUSINESS DEVELOPMENT | 40.00 | $140,022 | $0 | $12,825 | Yes (X) | ||
| RAKESH BHATNAGAR | |||||||
| CHIEF INFORMATION OFFICER | 40.00 | $189,205 | $0 | $2,576 | Yes (X) | ||
| JANINE GARDNER | |||||||
| VP HUMAN RESOURCES | 40.00 | $153,097 | $0 | $13,202 | Yes (X) | ||
| ALEXANDER DANG | |||||||
| DIRECTOR PRODUCTION PARTNERSHIPS | 40.00 | $155,710 | $0 | $12,597 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,784,973 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $188,764 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 25 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| NEXT STREET FINANCIAL LLC | |||||
| 184 DUDLEY STREET SUITE 200 | ROXBURY | MA | 02119 | ORGANIZATIONAL CORPORATE ADVISORY SERVIC | $182,000 |
| HELLER CONSULTING | |||||
| 1736 FRANKLIN ST SUITE 600 | OAKLAND | CA | 94612 | SOFTWARE IMPLEMENTATION | $116,220 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $281,145 | FundraisingAmt |
| Government Grants | $1,070,083 | GovernmentGrantsAmt |
| All Other Contributions | $5,101,997 | AllOtherContributionsAmt |
| Noncash Contributions | $11,346 | NoncashContributionsAmt |
| Total Contributions | $6,453,225 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| INTEREST FROM LOAN PRO | 900099 | $8,593,322 | $8,593,322 |
| LOAN ORIGINATION AND M | 900099 | $4,488,901 | $4,488,901 |
| OTHER | 900099 | $1,905,566 | $1,905,566 |
| SYNDICATION FEES | 900099 | $1,503,000 | $1,503,000 |
| ADMINISTRATIVE FEES | 900099 | $996,346 | $996,346 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $17,487,135 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $55,919 | TotalRevenueColumnAmt |
| Exclusion | $55,919 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $169 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$169 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$169 | TotalRevenueColumnAmt |
| Exclusion | -$169 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $30,910 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $281,145 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $134,528 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$103,618 | TotalRevenueColumnAmt |
| Exclusion | -$103,618 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,892,492 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $17,487,135 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$47,868 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $318,501 | TotalAmt |
| Program Services | $318,501 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,435 | TotalAmt |
| Program Services | $6,435 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,250,894 | TotalAmt |
| Program Services | $1,010,965 | ProgramServicesAmt |
| Management And General | $171,603 | ManagementAndGeneralAmt |
| Fundraising | $68,326 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,234,470 | TotalAmt |
| Program Services | $5,946,979 | ProgramServicesAmt |
| Management And General | $1,021,046 | ManagementAndGeneralAmt |
| Fundraising | $1,266,445 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $256,654 | TotalAmt |
| Program Services | $187,627 | ProgramServicesAmt |
| Management And General | $30,085 | ManagementAndGeneralAmt |
| Fundraising | $38,942 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,222,981 | TotalAmt |
| Program Services | $889,365 | ProgramServicesAmt |
| Management And General | $151,672 | ManagementAndGeneralAmt |
| Fundraising | $181,944 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $687,297 | TotalAmt |
| Program Services | $503,638 | ProgramServicesAmt |
| Management And General | $86,149 | ManagementAndGeneralAmt |
| Fundraising | $97,510 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $153,367 | TotalAmt |
| Management And General | $153,367 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,600 | TotalAmt |
| Management And General | $84,600 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,119 | TotalAmt |
| Fundraising | $68,119 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $934,729 | TotalAmt |
| Program Services | $440,793 | ProgramServicesAmt |
| Management And General | $452,267 | ManagementAndGeneralAmt |
| Fundraising | $41,669 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $652,620 | TotalAmt |
| Program Services | $612,260 | ProgramServicesAmt |
| Management And General | $4,862 | ManagementAndGeneralAmt |
| Fundraising | $35,498 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $285,002 | TotalAmt |
| Program Services | $193,088 | ProgramServicesAmt |
| Management And General | $66,147 | ManagementAndGeneralAmt |
| Fundraising | $25,767 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $562,303 | TotalAmt |
| Program Services | $402,942 | ProgramServicesAmt |
| Management And General | $52,490 | ManagementAndGeneralAmt |
| Fundraising | $106,871 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $530,935 | TotalAmt |
| Program Services | $406,640 | ProgramServicesAmt |
| Management And General | $56,408 | ManagementAndGeneralAmt |
| Fundraising | $67,887 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $464,303 | TotalAmt |
| Program Services | $332,464 | ProgramServicesAmt |
| Management And General | $75,858 | ManagementAndGeneralAmt |
| Fundraising | $55,981 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,252 | TotalAmt |
| Program Services | $43,352 | ProgramServicesAmt |
| Management And General | $18,844 | ManagementAndGeneralAmt |
| Fundraising | $10,056 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,050,431 | TotalAmt |
| Program Services | $2,050,431 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $440,210 | TotalAmt |
| Program Services | $337,155 | ProgramServicesAmt |
| Management And General | $46,769 | ManagementAndGeneralAmt |
| Fundraising | $56,286 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,001 | TotalAmt |
| Program Services | $41,359 | ProgramServicesAmt |
| Management And General | $5,737 | ManagementAndGeneralAmt |
| Fundraising | $6,905 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PROVISION FOR LOAN LOSS | $4,305,871 | $4,305,871 | ||
| LOAN PROGRAM FEES | $2,195,812 | $2,187,651 | $2,017 | $6,144 |
| SAVINGS PROGRAM MATCH E | $897,850 | $897,850 | ||
| MISC | $111,780 | $53,139 | $41,071 | $17,570 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,160 | TotalAmt |
| Program Services | $35,006 | ProgramServicesAmt |
| Management And General | $8,567 | ManagementAndGeneralAmt |
| Fundraising | $15,587 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,900,577 | TotalAmt |
| Program Services | $21,203,511 | ProgramServicesAmt |
| Management And General | $2,529,559 | ManagementAndGeneralAmt |
| Fundraising | $2,167,507 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,417,260 | BOYAmt |
| EOY | $9,783,223 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,488,590 | BOYAmt |
| EOY | $1,240,700 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $417,401 | BOYAmt |
| EOY | $627,777 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,496,181 | BOYAmt |
| EOY | $73,954,814 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $813,338 | BOYAmt |
| EOY | $725,533 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $3,991,472 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,273,188 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,079,798 | BOYAmt |
| EOY | $2,718,284 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,189,039 | BOYAmt |
| EOY | $1,162,363 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,524 | BOYAmt |
| EOY | $22,859 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,960,695 | BOYAmt |
| EOY | $11,077,886 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $85,881,826 | BOYAmt |
| EOY | $101,313,439 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,057,105 | BOYAmt |
| EOY | $3,675,787 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,000 | BOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,149,662 | BOYAmt |
| EOY | $70,783,096 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,179,373 | BOYAmt |
| EOY | $440,852 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,436,140 | BOYAmt |
| EOY | $74,899,735 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,756,886 | BOYAmt |
| EOY | $25,449,704 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,688,800 | BOYAmt |
| EOY | $964,000 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,445,686 | BOYAmt |
| EOY | $26,413,704 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $85,881,826 | BOYAmt |
| EOY | $101,313,439 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$2,008,085 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$23,897 | NetUnrlzdGainsLossesInvstAmt |
| 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| 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 | $7,141,463 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $9,551,875 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,470,382 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,212,236 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,453,225 | CurrentTaxYearAmt |
| Total | $40,829,181 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,141,463 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $9,551,875 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,470,382 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,212,236 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,453,225 | CurrentTaxYearAmt |
| Total | $40,829,181 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $6,062,167 | SubstantialContributorsTotAmt |
| Public Support Total170 | $34,767,014 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,937 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $23,900 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $34,026 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $40,097 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $55,919 | CurrentTaxYearAmt |
| Total | $159,879 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $65,888 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $30,910 | CurrentTaxYearAmt |
| Total | $96,798 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $41,085,858 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $52,326,704 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.84620 | PublicSupportCY170Pct |
| Public Support PY170 | 0.82180 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Schedule C IRS990ScheduleC
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $145,132 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $145,132 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $25,755,445 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $25,900,577 | 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 | $583,360 | CurrentYearMinus3Amt |
| Current Year Minus2 | $735,377 | CurrentYearMinus2Amt |
| Current Year Minus1 | $909,851 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $3,228,588 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $4,842,882 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $3,912 | CurrentYearMinus3Amt |
| Current Year Minus2 | $2,308 | CurrentYearMinus2Amt |
| Current Year Minus1 | $47,713 | CurrentYearMinus1Amt |
| Current Year | $145,132 | CurrentYearAmt |
| Total | $199,065 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $145,840 | CurrentYearMinus3Amt |
| Current Year Minus2 | $183,844 | CurrentYearMinus2Amt |
| Current Year Minus1 | $227,463 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $807,147 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,210,721 | GrassrootsCeilingAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE C PART II-A | FormAndLineReferenceDesc |
| Explanation | FY 18, OF USED TWO FIRMS TO PERFORM SOME LEGISLATIVE AND REGULATORY ADVOCACY SERVICES AT THE LOCAL, STATE, AND FEDERAL LEVEL. THE TWO FIRMS ARE KAMMERER & COMPANY ($73,078) AND EMC STRATEGIES ($33,000) | ExplanationTxt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $166,968 | OtherCostOrOtherBasisAmt |
| Depreciation | $151,861 | DepreciationAmt |
| Book Value | $15,107 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $255,347 | OtherCostOrOtherBasisAmt |
| Depreciation | $209,403 | DepreciationAmt |
| Book Value | $45,944 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,569,157 | OtherCostOrOtherBasisAmt |
| Depreciation | $911,924 | DepreciationAmt |
| Book Value | $2,657,233 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,718,284 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CASH LIMITED IN USE FOR PROGRAMS | Desc |
| Book Value | $11,077,886 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $11,077,886 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| SOBRATO FAMILY AFFORDABLE HOUSING FUND | $35,577 |
| SAVINGS PROGRAM MATCH | $405,275 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $440,852 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $24,250,562 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$23,897 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $247,439 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $134,528 | OtherRevenueAmt |
| Revenue Not Reported | $358,070 | RevenueNotReportedAmt |
| Revenue Subtotal | $23,892,492 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $23,892,492 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $26,282,544 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $247,439 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $134,528 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $381,967 | ExpensesNotReportedAmt |
| Expenses Subtotal | $25,900,577 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $25,900,577 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE ORGANIZATION EVALUATES ITS UNCERTAIN TAX POSITIONS AND WILL RECOGNIZE A LOSS CONTINGENCY WHEN IT IS PROBABLE THAT A LIABILITY HAS BEEN INCURRED AS OF THE DATE OF THE CONSOLIDATED FINANCIAL STATEMENTS AND THE AMOUNT OF THE LOSS CAN BE REASONABLY ESTIMATED. THE AMOUNT RECOGNIZED IS SUBJECT TO ESTIMATE AND MANAGEMENT JUDGEMENT WITH RESPECT TO THE LIKELY OUTCOME OF EACH UNCERTAIN TAX POSITION. THE AMOUNT THAT IS ULTIMATELY SUSTAINED FOR AN INDIVIDUAL UNCERTAIN TAX POSITION OR FOR ALL UNCERTAIN TAX POSITIONS IN THE AGGREGATE COULD DIFFER FROM THE AMOUNT RECOGNIZED. AS OF JUNE 30, 2018, MANAGEMENT DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS. THE ORGANIZATION IS SUBJECT TO POTENTIAL EXAMINATION BY TAXING AUTHORITIES FOR INCOME TAX RETURNS FILED IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF CALIFORNIA. THE TAX YEARS THAT REMAIN SUBJECT TO POTENTIAL EXAMINATION FOR THE U.S. FEDERAL JURISDICTION ARE YEARS ENDED JUNE 30, 2015, AND FORWARD. THE STATE OF CALIFORNIA TAX JURISDICTION IS SUBJECT TO POTENTIAL EXAMINATION FOR YEARS ENDED JUNE 30, 2014 AND FORWARD. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EVENT EXPENSE 134,528. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EVENT EXPENSE 134,528. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|---|---|---|---|
| THERESA NELSON & ASSOCIATES | ||||||||
| 446 HUDSON ST | OAKLAND | CA | 94618 | CONSULTING SERVICES SUPPORTING OPPORTUNITY FUND'S STAFF AND | 0 | $0 | $51,994 | $0 |
| SOUTH BEND DESIGN LLC | ||||||||
| 72 MISSION STREET | SAN FRANCISCO | CA | 94107 | DONATIONS FORMS AND CODES UPDATE | 0 | $0 | $16,125 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $68,119 | TotalRetainedByContractorsAmt |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | FALL GALA | Event1Nm |
| Gross Receipts Event1 | $234,650 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $216,950 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $17,700 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $54,064 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $4,563 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $8,197 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $13,976 | OtherDirectExpensesEvent1Amt |
| Event2 | TASTE OF MICROFINANCE - LA | Event2Nm |
| Gross Receipts Event2 | $77,405 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $64,195 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $13,210 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $13,144 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $28,648 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $4,512 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $7,424 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Total | $312,055 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $281,145 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $30,910 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $67,208 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $33,211 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $12,709 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $21,400 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $134,528 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$103,618 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (10 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| TEAMWORKS DEVELOPMENT INSTITUTE | |||||||
| 1159 SONORA CT STE 107 | SUNNYVALE | CA | 94086 | 811057107 | 501(C)(3) | $150,104 | OPPORTUNITY WAS ACTING AS FISCAL SPONSOR FOR THE TEAMWORKS COOPERATIVE. TEAMWORKS DEVELOPMENT INSTITUTE TOOK OVER THE FISCAL RESPONSIBILITY. OF RETURNED TO TW ALL ASSETS IT WAS HOLDING. |
| FRESNO AREA HISPANIC FOUNDATION | |||||||
| 1444 FULTON STREET | FRESNO | CA | 93721 | 753129705 | 501(C)(3) | $25,000 | TO HAVE THE RESOURCES REQUIRED, CONTRACTORS, DESIGNERS, MARKETING OR OTHER RESOURCES TO EFFECTIVELY FOLLOW UP, CLOSE AND SUPPORT THE TECHNICAL ASSISTANCE LEADS THAT THE OFEW CAMPAIGN WOULD PRODUCE. |
| JEFFERSON ECONOMIC DEVELOPMENT INSTITUTE | |||||||
| PO BOX 1586 | MOUNT SHASTA CA | CA | 96067 | 911764897 | 501(C)(3) | $25,000 | TO HAVE THE RESOURCES REQUIRED, CONTRACTORS, DESIGNERS, MARKETING OR OTHER RESOURCES TO EFFECTIVELY FOLLOW UP, CLOSE AND SUPPORT THE TECHNICAL ASSISTANCE LEADS THAT THE OFEW CAMPAIGN WOULD PRODUCE. |
| LEADERSHIP FOR URBAN RENEWAL NETWORK INC | |||||||
| 553 S CLARENCE ST | LOS ANGELES CA | CA | 90033 | 270584116 | 501(C)(3) | $25,000 | TO HAVE THE RESOURCES REQUIRED, CONTRACTORS, DESIGNERS, MARKETING OR OTHER RESOURCES TO EFFECTIVELY FOLLOW UP, CLOSE AND SUPPORT THE TECHNICAL ASSISTANCE LEADS THAT THE OFEW CAMPAIGN WOULD PRODUCE. |
| PACIFIC COMMUNITY VENTURES INC | |||||||
| 51 FEDERAL STREET SUITE 100 | SAN FRANCISCO CA | CA | 94107 | 770485877 | 501(C)(3) | $25,000 | TO HAVE THE RESOURCES REQUIRED, CONTRACTORS, DESIGNERS, MARKETING OR OTHER RESOURCES TO EFFECTIVELY FOLLOW UP, CLOSE AND SUPPORT THE TECHNICAL ASSISTANCE LEADS THAT THE OFEW CAMPAIGN WOULD PRODUCE. |
| STEPAHNIE ALVES DBA ABL LLC | |||||||
| 2249 GLANDON AVE | LOS ANGELES CA | CA | 90064 | 320470299 | $10,000 | RECEIPIENTS OF WOMEN ENTREPRENEUR CHALLENGE GRANT FROM THE WURWAND FOUNDATION. | |
| COSMETICA LATINA EDU INC | |||||||
| 9050 TELEGRAPH RD | DOWNEY CA | CA | 90240 | 820660294 | $10,000 | RECEIPIENTS OF WOMEN ENTREPRENEUR CHALLENGE GRANT FROM THE WURWAND FOUNDATION. | |
| WORLD EMPANADAS INC | |||||||
| 1206 W MAGNOLIA BLVD | BURBANK CA | CA | 91506 | 473800896 | $10,000 | RECEIPIENTS OF WOMEN ENTREPRENEUR CHALLENGE GRANT FROM THE WURWAND FOUNDATION. | |
| MARCIA CHARLES DBA PINKY ROSE | |||||||
| 5372 WEST PICO BLVD | LOS ANGELES CA | CA | 90019 | 475122425 | $5,000 | RECEIPIENTS OF WOMEN ENTREPRENEUR CHALLENGE GRANT FROM THE WURWAND FOUNDATION. | |
| RCO INCORPORATED | |||||||
| 2934 E LAS HERMANAS ST | COMPTON CA | CA | 90221 | 461003901 | $5,000 | RECEIPIENTS OF WOMEN ENTREPRENEUR CHALLENGE GRANT FROM THE WURWAND FOUNDATION. | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 5 | Total501c3OrgCnt |
| Total Other Org | 5 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | GRANT TO DACA RECIPIENTS TO PAY FOR CITIZENSHIP APPLICATIONS | GrantTypeTxt |
| Recipient | 13 | RecipientCnt |
| Cash Grant | $6,435 | CashGrantAmt |
| Non Cash Assistance | EACH RECIPIENT RECEIVED $495 WHICH IS THE COST OF US CITIZENSHIP APPLICATION | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | OPPORTUNITY FUND DOESN'T HAVE FORMAL PROCEDURES TO MONITOR AS IT IS NOT APPLICABLE TO THE NATURE OF THE GRANTS BEING MADE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | 0 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ERIC WEAVER | ||||||||||||||
| FOUNDER & SENIOR ADVISOR | $209,752 | $0 | $0 | $0 | $0 | $0 | $7,000 | $0 | $23,735 | $0 | $240,487 | $0 | $0 | $0 |
| ZURI RUIZ - TO AUG 2017 | ||||||||||||||
| PRESIDENT & COO | $139,815 | $0 | $0 | $0 | $0 | $0 | $6,667 | $0 | $10,802 | $0 | $157,284 | $0 | $0 | $0 |
| ANA THOMPSON | ||||||||||||||
| EXECUTIVE VP & CFO | $164,863 | $0 | $16,000 | $0 | $0 | $0 | $2,000 | $0 | $16,813 | $0 | $199,676 | $0 | $0 | $0 |
| JEFF WELLS | ||||||||||||||
| VICE-PRESIDENT, NMTC FUND | $131,429 | $0 | $29,000 | $0 | $0 | $0 | $7,000 | $0 | $9,347 | $0 | $176,776 | $0 | $0 | $0 |
| MARCO LUCIONI - TO APRIL 2018 | ||||||||||||||
| EXECUTIVE VP SMALL BUSINESS | $198,922 | $0 | $0 | $0 | $0 | $0 | $2,000 | $0 | $24,059 | $0 | $224,981 | $0 | $0 | $0 |
| GWYNETH GALBRAITH | ||||||||||||||
| CHIEF DEVELOPMENT OFFICER | $169,083 | $0 | $0 | $0 | $0 | $0 | $6,500 | $0 | $24,659 | $0 | $200,242 | $0 | $0 | $0 |
| OTXIN ECHAIDE | ||||||||||||||
| DIRECTOR SMALL BUSINESS DEVELOPMENT | $111,935 | $0 | $28,087 | $0 | $0 | $0 | $5,000 | $0 | $7,825 | $0 | $152,847 | $0 | $0 | $0 |
| RAKESH BHATNAGAR | ||||||||||||||
| CHIEF INFORMATION OFFICER | $189,205 | $0 | $0 | $0 | $0 | $0 | $667 | $0 | $1,909 | $0 | $191,781 | $0 | $0 | $0 |
| JANINE GARDNER | ||||||||||||||
| VP HUMAN RESOURCES | $153,097 | $0 | $0 | $0 | $0 | $0 | $2,000 | $0 | $11,202 | $0 | $166,299 | $0 | $0 | $0 |
| ALEXANDER DANG | ||||||||||||||
| DIRECTOR PRODUCTION PARTNERSHIPS | $124,210 | $0 | $31,500 | $0 | $0 | $0 | $4,772 | $0 | $7,825 | $0 | $168,307 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | OPPORTUNITY FUND AUDIT COMMITTEE SHALL HAVE THE RESPONSIBILITY FOR REVIEWING THE ORGANIZATION'S FORM 990 (INCLUDING ALL PERTINENT SCHEDULES) BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. ONCE THE AUDIT COMMITTEE HAS APPROVED THE DRAFT FORM 990, IT SHALL BE SENT TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR THEIR REVIEW, PRIOR TO FILING WITH IRS. ONCE THE REVIEW PERIOD HAS BEEN DULY EXPIRED, THE FORM 990 IS FILED WITH THE IRS |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION REQUIRES EACH DIRECTOR, PRINCIPAL OFFICER AND BOARD MEMBERS TO SIGN A DISCLOSURE STATEMENT WHICH AFFIRMS THEY RECEIVED A COPY, READ AND UNDERSTAND, AND COMPLY WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE BOARD OF DIRECTORS APPROVE THE CEO AND PRESIDENTS COMPENSATION AND THE CEO APPROVES OTHER OFFICERS OR KEY EMPLOYEE'S COMPENSATION USING COMPARABILLLY AND CONTEMPORANEOUS SUBSTANTIATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST IN WRITING TO THE ORGANIZATION. THE FORM 990 IS ALSO AVAILABLE AT GUIDESTAR.ORG |
Schedule R IRS990ScheduleR
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (19 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Predominant Income TypePredominantIncomeTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct | Share Of EOY AssetsShareOfEOYAssetsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LCD NEW MARKETS FUND IX LLC | |||||||||||||
| 111 WEST ST JOHN STREET SUITE 800 | SAN JOSE | CA | 95113 | 271656288 | PROVIDES LOANS IN LOW INCOME COMMUNITIES | DE | LCD NEW MARKETS FUND LLC | RELATED | $30 | 0 | Yes (1) | 0.00010 | |
| LCD NEW MARKETS FUND X LLC | |||||||||||||
| 111 WEST ST JOHN STREET SUITE 800 | SAN JOSE | CA | 95113 | 271656324 | PROVIDES LOANS IN LOW INCOME COMMUNITIES | DE | LCD NEW MARKETS FUND LLC | RELATED | -$1 | 0 | Yes (1) | 0.00010 | $1,124 |
| CHASE NMTC CVRM INVESTMENT FUND LLC | |||||||||||||
| 111 WEST ST JOHN STREET SUITE 800 | SAN JOSE | CA | 95113 | 452568735 | PROVIDES TAX CREDITS FOR INVESTMENT IN LOW INCOME COMMUNITIES | DE | LCD NEW MARKETS FUND LLC | RELATED | -$7 | 0 | Yes (1) | 0.00010 | $292 |
| LCD NEW MARKETS FUND XI LLC | |||||||||||||
| 111 WEST ST JOHN STREET SUITE 800 | SAN JOSE | CA | 95113 | 452521053 | PROVIDES LOANS IN LOW INCOME COMMUNITIES | DE | LCD NEW MARKETS FUND LLC | RELATED | $5 | 0 | Yes (1) | 0.00010 | $997 |
| LCD NEW MARKETS FUND XII LLC | |||||||||||||
| 111 WEST ST JOHN STREET SUITE 800 | SAN JOSE | CA | 95113 | 452521153 | PROVIDES LOANS IN LOW INCOME COMMUNITIES | DE | LCD NEW MARKETS FUND LLC | RELATED | -$3 | 0 | Yes (1) | 0.00010 | $1,270 |
| LCD NEW MARKETS FUND XIII LLC | |||||||||||||
| 111 WEST ST JOHN STREET SUITE 800 | SAN JOSE | CA | 95113 | 452521227 | PROVIDES LOANS IN LOW INCOME COMMUNITIES | DE | LCD NEW MARKETS FUND LLC | RELATED | $2 | 0 | Yes (1) | 0.00010 | $1,587 |
| LCD NEW MARKETS FUND XIV LLC | |||||||||||||
| 111 WEST ST JOHN STREET SUITE 800 | SAN JOSE | CA | 95113 | 452521284 | PROVIDES LOANS IN LOW INCOME COMMUNITIES | DE | LCD NEW MARKETS FUND LLC | RELATED | $4 | 0 | Yes (1) | 0.00010 | $1,135 |
| LCD NEW MARKETS FUND XV LLC | |||||||||||||
| 111 WEST ST JOHN STREET SUITE 800 | SAN JOSE | CA | 95113 | 462368540 | PROVIDES LOANS IN LOW INCOME COMMUNITIES | DE | LCD NEW MARKETS FUND LLC | RELATED | $3 | 0 | Yes (1) | 0.00010 | $1,202 |
| LCD NEW MARKETS FUND XVI LLC | |||||||||||||
| 111 WEST ST JOHN STREET SUITE 800 | SAN JOSE | CA | 95113 | 462357749 | PROVIDES LOANS IN LOW INCOME COMMUNITIES | DE | LCD NEW MARKETS FUND LLC | RELATED | $5 | 0 | Yes (1) | 0.00010 | $1,461 |
| LCD NEW MARKETS FUND XVII LLC | |||||||||||||
| 111 WEST ST JOHN STREET SUITE 800 | SAN JOSE | CA | 95113 | 462344956 | PROVIDES LOANS IN LOW INCOME COMMUNITIES | DE | LCD NEW MARKETS FUND LLC | RELATED | $11 | 0 | Yes (1) | 0.00010 | $1,958 |
| LCD NEW MARKETS FUND XVIII LLC | |||||||||||||
| 111 WEST ST JOHN STREET SUITE 800 | SAN JOSE | CA | 95113 | 462331736 | PROVIDES LOANS IN LOW INCOME COMMUNITIES | DE | LCD NEW MARKETS FUND LLC | RELATED | $7 | 0 | Yes (1) | 0.00010 | $1,230 |
| LCD NEW MARKETS FUND XIX LLC | |||||||||||||
| 111 WEST ST JOHN STREET SUITE 800 | SAN JOSE | CA | 95113 | 471097946 | PROVIDES LOANS IN LOW INCOME COMMUNITIES | DE | LCD NEW MARKETS FUND LLC | RELATED | $5 | 0 | Yes (1) | 0.00010 | $1,187 |
| LCD NEW MARKETS FUND XX LLC | |||||||||||||
| 111 WEST ST JOHN STREET SUITE 800 | SAN JOSE | CA | 95113 | 471108301 | PROVIDES LOANS IN LOW INCOME COMMUNITIES | DE | LCD NEW MARKETS FUND LLC | RELATED | 0 | Yes (1) | 0.00010 | $794 | |
| LCD NEW MARKETS FUND XXI LLC | |||||||||||||
| 111 WEST ST JOHN STREET SUITE 800 | SAN JOSE | CA | 95113 | 471120556 | PROVIDES LOANS IN LOW INCOME COMMUNITIES | DE | LCD NEW MARKETS FUND LLC | RELATED | $3 | 0 | Yes (1) | 0.00010 | $1,583 |
| LCD NEW MARKETS FUND XXII LLC | |||||||||||||
| 111 WEST ST JOHN STREET SUITE 800 | SAN JOSE | CA | 95113 | 471131031 | PROVIDES LOANS IN LOW INCOME COMMUNITIES | DE | LCD NEW MARKETS FUND LLC | RELATED | 0 | Yes (1) | 0.00010 | $648 | |
| LCD NEW MARKETS FUND XXIII LLC | |||||||||||||
| 111 WEST ST JOHN STREET SUITE 800 | SAN JOSE | CA | 95113 | 471146746 | PROVIDES LOANS IN LOW INCOME COMMUNITIES | DE | LCD NEW MARKETS FUND LLC | RELATED | 0 | Yes (1) | 0.00010 | $1,607 | |
| LCD NEW MARKETS FUND XXIV | |||||||||||||
| 111 WEST ST JOHN STREET SUITE 800 | SAN JOSE | CA | 95113 | 471151234 | PROVIDES LOANS IN LOW INCOME COMMUNITIES | DE | LCD NEW MARKETS FUND LLC | RELATED | 0 | Yes (1) | 0.00010 | $1,470 | |
| LCD NEW MARKETS FUND XXV | |||||||||||||
| 111 WEST ST JOHN STREET SUITE 800 | SAN JOSE | CA | 95113 | 814931866 | PROVIDES LOANS IN LOW INCOME COMMUNITIES | DE | LCD NEW MARKETS FUND LLC | RELATED | 0 | Yes (1) | 0.00010 | $1,625 | |
| LCD NEW MARKETS FUND XXVI | |||||||||||||
| 111 WEST ST JOHN STREET SUITE 800 | SAN JOSE | CA | 95113 | 814959450 | PROVIDES LOANS IN LOW INCOME COMMUNITIES | DE | LCD NEW MARKETS FUND LLC | RELATED | 0 | Yes (1) | 0.00010 | $1,420 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | 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 | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (12 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| LCD NEW MARKETS FUND IX LLC | ||
| L | $52,472 | CASH/ACCRUAL |
| LCD NEW MARKETS FUND XII LLC | ||
| L | $113,100 | CASH/ACCRUAL |
| LCD NEW MARKETS FUND XIII LLC | ||
| L | $80,500 | CASH/ACCRUAL |
| LCD NEW MARKETS FUND XIV LLC | ||
| L | $71,300 | CASH/ACCRUAL |
| LCD NEW MARKETS FUND XV LLC | ||
| L | $75,640 | CASH/ACCRUAL |
| LCD NEW MARKETS FUND XVI LLC | ||
| L | $59,447 | CASH/ACCRUAL |
| LCD NEW MARKETS FUND XVII LLC | ||
| L | $79,600 | CASH/ACCRUAL |
| LCD NEW MARKETS FUND XI LLC | ||
| L | $50,000 | CASH/ACCRUAL |
| LCD NEW MARKETS FUND XVIII LLC | ||
| L | $50,000 | CASH/ACCRUAL |
| LCD NEW MARKETS FUND XIX LLC | ||
| L | $54,000 | CASH/ACCRUAL |
| LCD NEW MARKETS FUND XXI LLC | ||
| L | $84,263 | CASH/ACCRUAL |
| LCD NEW MARKETS FUND XXIII LLC | ||
| L | $72,450 | CASH/ACCRUAL |
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