NONPROFIT FINANCE FUND: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- NONPROFIT FINANCE FUND (EIN 13-3238657)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-08-15
- IRS object ID
- 201942279349302654
- Schema version
- 2018v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-08-15T13:29:27-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 271728945 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 665 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133238657 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NONPROFIT FINANCE FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NONP | BusinessNameControlTxt |
| Phone | 2128686710 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 HANOVER SQUARE 9TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANTONY BUGG-LEVINE | PersonNm |
| Person Title | PRESIDENT/CEO | PersonTitleTxt |
| Phone | 2128686710 | PhoneNum |
| Signature | 2019-08-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GARRETT M HIGGINS | PreparerPersonNm |
| PTIN | P00543209 | PTIN |
| Phone | 2122862600 | PhoneNum |
| Preparation | 2019-08-14 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 4.15.211.182 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-08-15 | IPDt |
| IP Tm | 08:57:26 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 4F9F0882E2C1046A9DC4DC01D0F262469E3815E0 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ANTONY BUGG-LEVINE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 HANOVER SQUARE 9TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $23,284,073 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NONPROFITFINANCEFUND.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1984 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | SUPPORTS MISSION-DRIVEN ORGANIZATIONS WITH FINANCING, ADVICE AND KNOWLEDGE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 103 | TotalEmployeeCnt |
| Total Volunteers | 13 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $81,453 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $5,592,149 | PYContributionsGrantsAmt |
| CY Contributions Grants | $9,460,209 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $11,849,748 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $13,807,587 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,305 | PYInvestmentIncomeAmt |
| CY Investment Income | $13,636 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,515 | PYOtherRevenueAmt |
| CY Other Revenue | $2,641 | CYOtherRevenueAmt |
| PY Total Revenue | $17,450,717 | PYTotalRevenueAmt |
| CY Total Revenue | $23,284,073 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,833,218 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $3,779,322 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $11,666,772 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $12,173,200 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,416,013 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $7,605,711 | PYOtherExpensesAmt |
| CY Other Expenses | $7,193,137 | CYOtherExpensesAmt |
| PY Total Expenses | $23,105,701 | PYTotalExpensesAmt |
| CY Total Expenses | $23,145,659 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$5,654,984 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $138,414 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $129,381,838 | TotalAssetsBOYAmt |
| Total Assets EOY | $156,563,693 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $87,646,912 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $110,595,656 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $41,734,926 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $45,968,037 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $18,133,434 | ExpenseAmt |
| Grant | $3,779,322 | GrantAmt |
| Revenue | $13,807,587 | RevenueAmt |
| Desc | SEE SCHEDULE O | Desc |
| Total Program Service Expenses | $18,133,434 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| 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 | 0 | 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 | 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 | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 40 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 103 | 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 |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 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 | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CRAIG REIGEL CFO | PersonNm |
| Phone | 4152554849 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 HANOVER SQUARE 9TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| ANTONY BUGG-LEVINE | |||||||||
| PRESIDENT/CEO | 50.00 | 2.00 | Yes (X) | Yes (X) | $371,000 | $0 | $57,873 | ||
| OMMEED SATHE | |||||||||
| DIRECTOR/BOARD CHAIR THRU 03/14/19 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| STEPHEN DEBERRY | |||||||||
| TREASURER | 2.00 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ANDREW B COHN | |||||||||
| SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| JAMES BILDNER | |||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| PHILLIP CLAY | |||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| DAVID ERICKSON | |||||||||
| DIRECTOR | 2.00 | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| TESSIE GUILLERMO | |||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| LISA HALL | |||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| KIMBERLY JOHNSON | |||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| HENRY RAMOS | |||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| RUTH SALZMAN | |||||||||
| DIRECTOR | 2.00 | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| SONAL SHAH | |||||||||
| DIRECTOR | 2.00 | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN TAYLOR | |||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| CRAIG REIGEL | |||||||||
| CFO | 50.00 | 2.00 | Yes (X) | $270,724 | $0 | $27,159 | |||
| NORAH MCVEIGH | |||||||||
| MANAGING DIRECTOR | 50.00 | 2.10 | $266,066 | $0 | $51,848 | Yes (X) | |||
| KRISTIN GIANTRIS | |||||||||
| MANAGING DIRECTOR | 50.00 | $282,223 | $0 | $38,515 | Yes (X) | ||||
| JENNIFER TALANSKY | |||||||||
| MANAGING DIRECTOR | 50.00 | $220,313 | $0 | $55,264 | Yes (X) | ||||
| JENNIFER KAWAR | |||||||||
| VP & CHIEF INVESTMENT OFFICER | 50.00 | $173,336 | $0 | $34,023 | Yes (X) | ||||
| SHAWN LUTHER | |||||||||
| VP, CHIEF CREDIT OFFICER | 50.00 | $174,582 | $0 | $12,152 | Yes (X) | ||||
| WILLIAM H PINAKIEWICZ | |||||||||
| VP BUSINESS DEVELOPMENT | 50.00 | $162,117 | $0 | $35,899 | Yes (X) | ||||
| BARBARA ROSEN | |||||||||
| VP/KNOWLEDGE AND COMMUNICATION | 50.00 | $154,914 | $0 | $52,972 | Yes (X) | ||||
| SANDI CLEMENT MCKINLEY | |||||||||
| VP/ADVISORY SERVICES | 50.00 | $152,351 | $0 | $12,781 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,227,626 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $378,486 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 38 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $181,250 | FederatedCampaignsAmt |
| Government Grants | $1,120,038 | GovernmentGrantsAmt |
| All Other Contributions | $8,158,921 | AllOtherContributionsAmt |
| Total Contributions | $9,460,209 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| INTEREST ON LOANS | 900099 | $6,878,918 | $6,878,918 |
| LOAN AND FINAN. FEES | 900099 | $4,453,322 | $4,453,322 |
| PRGM & CONTRACT FEES | 900099 | $2,475,347 | $2,475,347 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $13,807,587 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,636 | TotalRevenueColumnAmt |
| Exclusion | $13,636 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $2,641 | TotalRevenueColumnAmt |
| Exclusion | $2,641 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,641 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,284,073 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $13,807,587 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $16,277 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,779,322 | TotalAmt |
| Program Services | $3,779,322 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,640,985 | TotalAmt |
| Program Services | $663,818 | ProgramServicesAmt |
| Management And General | $736,823 | ManagementAndGeneralAmt |
| Fundraising | $240,344 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,448,830 | TotalAmt |
| Program Services | $6,046,002 | ProgramServicesAmt |
| Management And General | $1,695,152 | ManagementAndGeneralAmt |
| Fundraising | $707,676 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $473,496 | TotalAmt |
| Program Services | $340,125 | ProgramServicesAmt |
| Management And General | $93,975 | ManagementAndGeneralAmt |
| Fundraising | $39,396 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $872,623 | TotalAmt |
| Program Services | $613,506 | ProgramServicesAmt |
| Management And General | $184,716 | ManagementAndGeneralAmt |
| Fundraising | $74,401 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $737,266 | TotalAmt |
| Program Services | $494,057 | ProgramServicesAmt |
| Management And General | $174,755 | ManagementAndGeneralAmt |
| Fundraising | $68,454 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $369,080 | TotalAmt |
| Program Services | $301,861 | ProgramServicesAmt |
| Management And General | $67,219 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,309 | TotalAmt |
| Program Services | $51,354 | ProgramServicesAmt |
| Management And General | $10,955 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,004 | TotalAmt |
| Program Services | $45,882 | ProgramServicesAmt |
| Management And General | $2,220 | ManagementAndGeneralAmt |
| Fundraising | $25,902 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $422,695 | TotalAmt |
| Program Services | $310,629 | ProgramServicesAmt |
| Management And General | $112,066 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,436 | TotalAmt |
| Program Services | $2,436 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $163,260 | TotalAmt |
| Program Services | $102,122 | ProgramServicesAmt |
| Management And General | $51,791 | ManagementAndGeneralAmt |
| Fundraising | $9,347 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $301,256 | TotalAmt |
| Program Services | $243,363 | ProgramServicesAmt |
| Management And General | $30,880 | ManagementAndGeneralAmt |
| Fundraising | $27,013 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,142,863 | TotalAmt |
| Program Services | $769,043 | ProgramServicesAmt |
| Management And General | $267,965 | ManagementAndGeneralAmt |
| Fundraising | $105,855 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $629,842 | TotalAmt |
| Program Services | $510,157 | ProgramServicesAmt |
| Management And General | $46,135 | ManagementAndGeneralAmt |
| Fundraising | $73,550 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,355 | TotalAmt |
| Program Services | $11,355 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,492,539 | TotalAmt |
| Program Services | $2,492,539 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $344,230 | TotalAmt |
| Program Services | $244,250 | ProgramServicesAmt |
| Management And General | $66,653 | ManagementAndGeneralAmt |
| Fundraising | $33,327 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,509 | TotalAmt |
| Program Services | $57,836 | ProgramServicesAmt |
| Management And General | $15,782 | ManagementAndGeneralAmt |
| Fundraising | $7,891 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PROVISION FOR LOAN LOSS | $933,576 | $933,576 | ||
| STAFF RECRUITING/TRAINI | $61,853 | $51,205 | $10,648 | |
| DUES & MEMBERSHIPS | $49,143 | $44,014 | $5,129 | |
| MAINTENANCE & REPAIRS | $29,513 | $20,941 | $5,715 | $2,857 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,674 | TotalAmt |
| Program Services | $4,041 | ProgramServicesAmt |
| Management And General | $17,633 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,145,659 | TotalAmt |
| Program Services | $18,133,434 | ProgramServicesAmt |
| Management And General | $3,596,212 | ManagementAndGeneralAmt |
| Fundraising | $1,416,013 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,020,929 | BOYAmt |
| EOY | $12,644,489 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,708,974 | BOYAmt |
| EOY | $1,144,306 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,496,185 | BOYAmt |
| EOY | $3,238,612 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,903,617 | BOYAmt |
| EOY | $2,790,748 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $299,796 | BOYAmt |
| EOY | $243,284 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $3,985,412 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,499,050 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,843,023 | BOYAmt |
| EOY | $2,486,362 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $258,612 | BOYAmt |
| EOY | $96,542 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $107,760,567 | BOYAmt |
| EOY | $133,829,216 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $90,135 | BOYAmt |
| EOY | $90,134 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $129,381,838 | BOYAmt |
| EOY | $156,563,693 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,052,562 | BOYAmt |
| EOY | $2,307,760 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,568 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,784,684 | BOYAmt |
| EOY | $1,778,904 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $96,402 | BOYAmt |
| EOY | $86,242 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $83,272,750 | BOYAmt |
| EOY | $106,422,750 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $386,946 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $87,646,912 | BOYAmt |
| EOY | $110,595,656 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,686,422 | BOYAmt |
| EOY | $28,028,113 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,048,504 | BOYAmt |
| EOY | $17,939,924 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,734,926 | BOYAmt |
| EOY | $45,968,037 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $129,381,838 | BOYAmt |
| EOY | $156,563,693 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $138,414 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$162,080 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $4,256,777 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $12,771,624 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,825,418 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $17,080,404 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,592,149 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,460,209 | CurrentTaxYearAmt |
| Total | $49,729,804 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,771,624 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,825,418 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $17,080,404 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,592,149 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,460,209 | CurrentTaxYearAmt |
| Total | $49,729,804 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $18,472,030 | SubstantialContributorsTotAmt |
| Public Support Total170 | $31,257,774 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $14,444 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,413 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,210 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,305 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,636 | CurrentTaxYearAmt |
| Total | $45,008 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,245 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,791 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,996 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,515 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,641 | CurrentTaxYearAmt |
| Total | $18,188 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $49,793,000 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $49,980,236 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.62780 | PublicSupportCY170Pct |
| Public Support PY170 | 0.56420 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | MISCELLANEOUS INCOME - 2014 AMOUNT: $ 1,245. 2015 AMOUNT: $ 8,791. 2016 AMOUNT: $ 1,250. 2017 AMOUNT: $ 3,515. 2018 AMOUNT: $ 2,641. REFUND - 2016 AMOUNT: $ 746. | ExplanationTxt |
Schedule B IRS990ScheduleB
Schedule C IRS990ScheduleC
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $21,729,646 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $21,729,646 | 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 | $866,384 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $3,866,384 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $5,799,576 | LobbyingCeilingAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $216,596 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $966,596 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,449,894 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,185,283 | OtherCostOrOtherBasisAmt |
| Depreciation | $427,349 | DepreciationAmt |
| Book Value | $1,757,934 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,133,240 | OtherCostOrOtherBasisAmt |
| Depreciation | $854,953 | DepreciationAmt |
| Book Value | $278,287 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $666,889 | OtherCostOrOtherBasisAmt |
| Depreciation | $216,748 | DepreciationAmt |
| Book Value | $450,141 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,486,362 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LOANS RECEIVABLE | Desc |
| Book Value | $133,829,216 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $133,829,216 | TotalBookValueProgramRltdAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $20,758,361 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$162,080 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $144,036 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$15,129 | OtherRevenueAmt |
| Revenue Not Reported | -$33,173 | RevenueNotReportedAmt |
| Revenue Subtotal | $20,791,534 | RevenueSubtotalAmt |
| Other Revenues Not Included | $2,492,539 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $2,492,539 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $23,284,073 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $25,140,645 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $144,036 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $4,343,489 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $4,487,525 | ExpensesNotReportedAmt |
| Expenses Subtotal | $20,653,120 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $2,492,539 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $2,492,539 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $23,145,659 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | NONPROFIT FINANCE FUND HELD A CUSTODIAL BANK ACCOUNT FOR A NEW MARKET TAX CREDIT OF WHICH NONPROFIT FINANCE FUND IS A MINIMAL PARTNER OF .01% AND THE FUNDS ARE USED AS OBLIGATION PAYMENTS AS AUTHORIZED BY THE PARTNERSHIP. |
| PART X, LINE 2: | THE FUND'S ACCOUNTING POLICY IS TO DISCLOSE LIABILITIES FOR UNCERTAIN TAX POSITIONS WHEN A LIABILITY IS PROBABLE AND ESTIMABLE. MANAGEMENT IS NOT AWARE OF ANY VIOLATION OF ITS TAX STATUS AS AN ORGANIZATION EXEMPT FROM INCOME TAXES, NOR OF ANY EXPOSURE TO UNRELATED BUSINESS INCOME TAX. THE FUND IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR THE PERIODS PRIOR TO 2015. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RELATED PARTY REVENUE -15,129. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | INTEREST EXPENSE NETTED AGAINST INTEREST INCOME: 2,492,539. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RELATED PARTY EXPENSES: 472,964. ADJUSTMENT IN ALLOWANCE FOR LOAN LOSSES 3,870,525. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INTEREST EXPENSE NETTED AGAINST INTEREST INCOME: 2,492,539. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (33 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| ABODE SERVICES | ||||||||
| 40849 FREMONT BLVD | FREMONT | CA | 94538 | 943087060 | 501 (C) (3) | $235,000 | CALIFORNIA PAY FOR SUCCESS INITIATIVE | |
| ADVOCATES FOR CHILDREN OF NEW JERSEY | ||||||||
| 35 HALSEY STREET | NEWARK | NJ | 07102 | 221695034 | 501 (C) (3) | $105,000 | NEWARK RESILIENCE INITIATIVE | |
| ALAMEDA COUNTY HEALTH CARE SERVICES | ||||||||
| 1000 SAN LEANDRO BLVD | SAN LEANDRO | CA | 94577 | 946000501 | COUNTY OF ALAMEDA | $92,799 | CALIFORNIA PAY FOR SUCCESS INITIATIVE | |
| BALBOA ART CONSERVATION CENTER | ||||||||
| PO BOX 3755 | SAN DIEGO | CA | 921633755 | 952932292 | 501 (C) (3) | $23,000 | COMPREHENSIVE FINANCIAL HEALTH | |
| BOYS & GIRLS CLUB OF NEWARK | ||||||||
| ONE AVON AVENUE | NEWARK | NJ | 07108 | 221515405 | 501 (C) (3) | $76,500 | NEWARK RESILIENCE INITIATIVE | |
| BUILDING RESPONSIBLE INTELLIGENT CREATIVE KIDS | ||||||||
| 59 LINCOLN PARK SUITE 50 | NEWARK | NJ | 07102 | 270820249 | 501 (C) (3) | $35,000 | NEWARK RESILIENCE INITIATIVE | |
| CENTER FOR EMPLOYMENT | ||||||||
| 50 BROADWAY 18TH FL | NEW YORK | NY | 10004 | 133843322 | 501 (C) (3) | $13,582 | SOCIAL INNOVATION FUND PAY FOR SUCCESS | |
| COMMUNITY FOOD BANK OF NEW JERSEY | ||||||||
| 31 EVANS TERMINAL | HILLSIDE | NY | 07205 | 222423882 | 501 (C) (3) | $105,000 | NEWARK RESILIENCE INITIATIVE | |
| COUNTY OF VENTURA | ||||||||
| COUNTY GOVERNMENT CENTER L3200 800 | VENTURA | CA | 93009 | 956000944 | COUNTY OF VENTURA | $170,504 | CALIFORNIA PAY FOR SUCCESS INITIATIVE | S VICTORIA AVENUE |
| ENDING COMMUNITY HOMELESSNNESS COALITION | ||||||||
| 1000 N IH35 STE1003 | AUSTIN | TX | 78701 | 274449243 | 501 (C) (3) | $235,198 | SOCIAL INNOVATION FUND PAY FOR SUCCESS | |
| EPIDAURUS DBA AMITY | ||||||||
| 721 NORTH 4TH AVENUE | TUCSON | AZ | 85705 | 770418201 | 501 (C) (3) | $13,333 | CALIFORNIA PAY FOR SUCCESS INITIATIVE | |
| GREATER NEWARK ENTERPRISES CORPORATION | ||||||||
| 211 WARREN STREET SUITE 317 | NEWARK | NJ | 07103 | 202247312 | 501 (C) (3) | $105,000 | NEWARK RESILIENCE INITIATIVE | |
| GREEN AND HEALTHY HOMES INITATIVE | ||||||||
| 2714 HUDSON STREET | BALTIMORE | MD | 21224 | 581786577 | 501 (C) (3) | $79,341 | SOCIAL INNOVATION FUND PAY FOR SUCCESS | |
| INSTITUTE FOR CHILD SUCCESS | ||||||||
| PO BOX 17811 | GREENVILLE | SC | 29606 | 271904900 | 501 (C) (3) | $183,588 | SOCIAL INNOVATION FUND PAY FOR SUCCESS | |
| INTERFACE CHILDREN AND FAMILY SERVICES | ||||||||
| 4001 MISSION OAKS BLVD SUITE I | CAMARILLO | CA | 930125121 | 952944459 | 501 (C) (3) | $105,445 | CALIFORNIA PAY FOR SUCCESS INITIATIVE | |
| LA CASA DE DON PEDRO | ||||||||
| 75 PARK AVENUE | NEWARK | NJ | 07104 | 237249368 | 501 (C) (3) | $105,000 | NEWARK RESILIENCE INITIATIVE | |
| LEADERSHIP NEWARK | ||||||||
| 494 BROAD STREET SUITE LL10 | NEWARK | NJ | 07102 | 311659369 | 501 (C) (3) | $76,500 | NEWARK RESILIENCE INITIATIVE | |
| LINCOLN PARK COAST CULTURAL DISTRICT | ||||||||
| 450 WASHINGTON STREET | NEWARK | NJ | 07102 | 223729215 | 501 (C) (3) | $35,000 | NEWARK RESILIENCE INITIATIVE | |
| LOUISVILLE METRO GOVERNMENT | ||||||||
| 611 WEST JEFFERSON STREET | LOUISVILLE | KY | 40202 | 320049006 | CITY OF LOUISVILLE | $7,085 | SOCIAL INNOVATION FUND PAY FOR SUCCESS | |
| MEALS ON WHEELS AMERICA | ||||||||
| 1550 CRYSTAL DRIVE SUITE 1004 | ARLINGTON | VA | 22202 | 237447812 | 501 (C) (3) | $264,705 | SOCIAL INNOVATION FUND PAY FOR SUCCESS | |
| NEW JERSEY INSTITUTE FOR SOCIAL JUSTICE INC | ||||||||
| 60 PARK PLACE SUITE 511 | NEWARK | NJ | 07102 | 223478143 | 501 (C) (3) | $35,000 | NEWARK RESILIENCE INITIATIVE | |
| NEWARK ARTS COUNCIL | ||||||||
| 17 ACADEMY STREET SUITE 1104 | NEWARK | NJ | 07102 | 222412819 | 501 (C) (3) | $76,500 | NEWARK RESILIENCE INITIATIVE | |
| NEWARK PERFORMING ARTS CORP | ||||||||
| 1020 BROAD STREET | NEWARK | NJ | 07102 | 222804063 | 501 (C) (3) | $76,500 | NEWARK RESILIENCE INITIATIVE | |
| NEWARK PUBLIC RADIO INC | ||||||||
| 54 PARK PLACE | NEWARK | NJ | 07102 | 222137728 | 501 (C) (3) | $76,500 | NEWARK RESILIENCE INITIATIVE | |
| NEWARK TRUST FOR EDUCATION | ||||||||
| 494 BROAD STREET SUITE LL30 | NEWARK | NJ | 07102 | 383663314 | 501 (C) (3) | $76,500 | NEWARK RESILIENCE INITIATIVE | |
| OCEAN PARK COMMUNITY CENTER DBA THE PEOPLE CONCERN | ||||||||
| 2116 ARLINGTON AVENUE 100 | LOS ANGELES | CA | 90018 | 956143865 | 501 (C) (3) | $13,333 | CALIFORNIA PAY FOR SUCCESS INITIATIVE | |
| OKLAHOMA DEPARTMENT OF MENTAL HEALTH & SUBSTANCE ABUSE SER | ||||||||
| 2000 N CLASSEN SUITE E700 | OKLAHOMA | OK | 73106 | 736017987 | CITY OF OKLAHOMA | $100,382 | SOCIAL INNOVATION FUND PAY FOR SUCCESS | |
| PROJECT HOME | ||||||||
| 1415 FAIRMOUNT AVENUESUITE 241 | PHILADELPHIA | PA | 19130 | 232555950 | 501 (C) (3) | $197,247 | SOCIAL INNOVATION FUND PAY FOR SUCCESS | |
| SLCO PFS 1 INC | ||||||||
| 2257 S1100 E SUITE 205 | SALT LAKE CITY | UT | 84106 | 473854619 | 501 (C) (3) | $93,943 | SOCIAL INNOVATION FUND PAY FOR SUCCESS | |
| SOCIAL FINANCE INC | ||||||||
| 77 SUMMER STREET 2ND FLOOR | BOSTON | MA | 02110 | 274620963 | 501 (C) (3) | $100,000 | CALIFORNIA PAY FOR SUCCESS INITIATIVE | |
| SPECIAL SERVICE FOR GROUPS INC (SSG) | ||||||||
| 905 EAST 8TH STREET | LOS ANGELES | CA | 90021 | 951716914 | 501 (C) (3) | $13,333 | CALIFORNIA PAY FOR SUCCESS INITIATIVE | |
| THIRD SECTOR CAPITAL PARTNER | ||||||||
| 200 CLAREDON STREET 29TH FLOOR | BOSTON | MA | 02116 | 461301032 | 501 (C) (3) | $734,004 | SOCIAL INNOVATION FUND PAY FOR SUCCESS/ CALIFORNIA PAY FOR SUCCESS INITIATIVE | |
| UNIFIED VAILSBURG SERVICES ORGANIZATION | ||||||||
| 42 RICHELIEU TERRACE | NEWARK | NJ | 07106 | 237304852 | 501 (C) (3) | $76,500 | NEWARK RESILIENCE INITIATIVE | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 33 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | NONPROFIT FINANCE FUND (NFF) MAKES GRANTS TO OTHER NONPROFIT ORGANIZATIONS AS PART OF A VARIETY OF INITIATIVES WITH NFF FUNDERS AND IN A MANNER THAT ALIGNS WITH NFF'S MISSION. GRANTS ARE REVIEWED AND APPROVED BASED UPON THE CRITERIA ESTABLISHED BY THE FUNDER AND THE GRANTEES' CAPACITY TO SERVE THEIR COMMUNITIES AND TO FURTHER THEIR CHARITABLE MISSION. GRANTS ARE ONLY DISBURSED AFTER RECEIVING WRITTEN AND SIGNED ACKNOWLEDGEMENT BY THE GRANTEE OF THE RESTRICTIONS ON THE GRANT. AFTER DISBURSEMENT AND DURING TERM OF GRANT, THE GRANTEE IS REQUIRED TO PROVIDE PERIODIC REPORTS RELATED TO GRANT COMPLIANCE. A GRANT MANAGER AT NFF MONITORS THE GRANTEE ORGANIZATION ACCOMPLISHMENTS AND REPORTS BACK TO THE FUNDER ORGANIZATION FUNDING THE INITIATIVE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ANTONY BUGG-LEVINE | ||||||||||||||
| PRESIDENT/CEO | $306,000 | $0 | $65,000 | $0 | $0 | $0 | $21,488 | $0 | $36,385 | $0 | $428,873 | $0 | $0 | $0 |
| CRAIG REIGEL | ||||||||||||||
| CFO | $228,724 | $0 | $42,000 | $0 | $0 | $0 | $16,455 | $0 | $10,704 | $0 | $297,883 | $0 | $0 | $0 |
| NORAH MCVEIGH | ||||||||||||||
| MANAGING DIRECTOR | $226,066 | $0 | $40,000 | $0 | $0 | $0 | $16,363 | $0 | $35,485 | $0 | $317,914 | $0 | $0 | $0 |
| KRISTIN GIANTRIS | ||||||||||||||
| MANAGING DIRECTOR | $240,501 | $0 | $38,000 | $0 | $3,722 | $0 | $17,283 | $0 | $21,232 | $0 | $320,738 | $0 | $0 | $0 |
| JENNIFER TALANSKY | ||||||||||||||
| MANAGING DIRECTOR | $190,313 | $0 | $30,000 | $0 | $0 | $0 | $12,707 | $0 | $42,557 | $0 | $275,577 | $0 | $0 | $0 |
| JENNIFER KAWAR | ||||||||||||||
| VP & CHIEF INVESTMENT OFFICER | $168,836 | $0 | $4,500 | $0 | $0 | $0 | $10,642 | $0 | $23,381 | $0 | $207,359 | $0 | $0 | $0 |
| SHAWN LUTHER | ||||||||||||||
| VP, CHIEF CREDIT OFFICER | $163,582 | $0 | $11,000 | $0 | $0 | $0 | $10,411 | $0 | $1,741 | $0 | $186,734 | $0 | $0 | $0 |
| WILLIAM H PINAKIEWICZ | ||||||||||||||
| VP BUSINESS DEVELOPMENT | $155,192 | $0 | $6,925 | $0 | $0 | $0 | $9,936 | $0 | $25,963 | $0 | $198,016 | $0 | $0 | $0 |
| BARBARA ROSEN | ||||||||||||||
| VP/KNOWLEDGE AND COMMUNICATION | $145,914 | $0 | $9,000 | $0 | $0 | $0 | $9,829 | $0 | $43,143 | $0 | $207,886 | $0 | $0 | $0 |
| SANDI CLEMENT MCKINLEY | ||||||||||||||
| VP/ADVISORY SERVICES | $144,201 | $0 | $8,150 | $0 | $0 | $0 | $9,330 | $0 | $3,451 | $0 | $165,132 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | THE BOARD DETERMINED THE CEO'S ANNUAL BONUS BY REVIEWING THE CEO'S PERFORMANCE AGAINST ESTABLISHED GOALS. THE BOARD REVIEWED, APPROVED AND DETERMINED AGGREGATE BONUS FOR THOSE/THE SENIOR STAFF DIRECTLY REPORTING TO THE CEO. FOR OTHER HIGHLY COMPENSATED EMPLOYEES THE INDIVIDUAL BONUSES WERE DETERMINED BY THEIR MANAGERS ACCORDING TO NFF POLICY, AND APPROVED BY THE CEO AND THE CFO. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 1: | NONPROFIT FINANCE FUND (NFF) UNLOCKS THE POTENTIAL OF MISSION DRIVEN ORGANIZATIONS THROUGH TAILORED INVESTMENTS, STRATEGIC ADVICE AND ACCESSIBLE INSIGHTS. WE WORK TOWARD A MORE JUST AND VIBRANT SOCIETY BY HELPING NONPROFITS WITH FINANCING THAT INVESTS IN MISSIONS; CONSULTING THAT EMPOWERS LEADERS; AND LEARNING THAT HELPS ILLUMINATE PATHS TO SOLVING COMPLEX SOCIAL ISSUES. |
| FORM 990, PART III, LINE 4A: | NONPROFIT FINANCE FUND (NFF) UNLOCKS THE POTENTIAL OF MISSION DRIVEN ORGANIZATIONS THROUGH TAILORED INVESTMENTS, STRATEGIC ADVICE AND ACCESSIBLE INSIGHTS. WE WORK TOWARD A MORE JUST AND VIBRANT SOCIETY BY HELPING NONPROFITS WITH FINANCING TO INVEST IN DELIVERING ON THEIR MISSIONS; CONSULTING THAT HELPS LEADERS BEST PUT MONEY TO WORK FOR SOCIAL GOOD; AND LEARNING THAT HELPS ILLUMINATE PATHS TO SOLVING COMPLEX SOCIAL ISSUES. TAILORED INVESTMENTS: AS A NATIONAL COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) AND LONGTIME IMPACT INVESTOR, NFF PROVIDES FINANCING EXCLUSIVELY TO MISSION-DRIVEN ORGANIZATIONS, INCLUDING NONPROFITS AND SOCIAL ENTERPRISES, WHICH WORK TO IMPROVE LIVES OF LOW-INCOME PEOPLE AND LOW-INCOME COMMUNITIES. WE DO THIS BY AGGREGATING CAPITAL FROM A VARIETY OF SOURCES, INCLUDING BANKS, FOUNDATIONS AND GOVERNMENT, AND USING THAT CAPITAL TO PROVIDE A RANGE OF FINANCIAL PRODUCTS, INCLUDING LOANS, LINES OF CREDIT AND NEW MARKETS TAX CREDITS, AMONG OTHERS. OUR BORROWERS USE OUR FINANCING TO UNDERTAKE FACILITY PROJECTS AND SMOOTH AND MANAGE CASH FLOW, ENABLING THEM TO WORK WITH MORE CLIENTS, EXPAND THE BREADTH OF SERVICES OFFERED, AND DELIVER MORE INTEGRATED SERVICES. IN 2018, NFF CLOSED 33 LOANS TO 28 ORGANIZATIONS TOTALING $68.6 MILLION AND MANAGED A $310.9 MILLION PORTFOLIO OF LOANS TO EDUCATIONAL INSTITUTIONS, HEALTH CENTERS, HUMAN SERVICES PROVIDERS, AND OTHER ORGANIZATIONS PROVIDING VITAL AND/OR ENRICHING SERVICES AND CREATING TRANSFORMATIONAL IMPACT IN LOW-INCOME COMMUNITIES. IN 2018 OUR FINANCING SUPPORTED ORGANIZATIONS IN OVER 25 COMMUNITIES ACROSS THE NATION. WE ALSO FACILITATE THE FLOW OF THIRD-PARTY CAPITAL TO THESE MISSION-DRIVEN ORGANIZATIONS BY WORKING WITH OR PROVIDING GUIDANCE TO OTHERS (E.G., FUNDERS, PHILANTHROPIC INSTITUTIONS, GOVERNMENT AGENCIES, CORPORATIONS) WHO ARE USING PROGRAM RELATED INVESTMENTS, LOANS, GRANTS AND OTHER FINANCING MECHANISMS FOR CHARITABLE PURPOSES AND TO CREATE POSITIVE SOCIAL CHANGE. STRATEGIC ADVICE: WE ARE A NATIONAL LEADER IN PROVIDING STRATEGIC ADVICE AND CUSTOMIZED FINANCIAL TRAINING AND CAPACITY-BUILDING TO HUNDREDS OF NONPROFITS IN ALL SECTORS, THROUGH WEBINARS, WORKSHOPS, AND CUSTOMIZED ENGAGEMENTS. IN 2018, WE CONDUCTED EDUCATIONAL ACTIVITIES AND TRAINING, AND PROVIDED CUSTOMIZED TECHNICAL ASSISTANCE THAT HELPED 238 NONPROFIT ORGANIZATIONS AND FOUNDATIONS APPLY GREATER FINANCIAL KNOW-HOW TO THEIR CRITICAL DECISIONS. OUR 67 WORKSHOPS AND OTHER GROUP FINANCIAL CAPACITY TRAININGS REACHED 5,112 INDIVIDUALS. OUR WORK OVERALL HELPED ORGANIZATIONAL LEADERS OPTIMIZE THEIR RESOURCES, INCORPORATE FINANCIAL DATA AND KNOWLEDGE INTO PLANNING AND DECISION-MAKING, AND STRENGTHEN THEIR ABILITY TO ADAPT TO EVER-CHANGING CONDITIONS AND PROVIDE MUCH-NEEDED SERVICES TO THEIR CLIENTS. WE DID THIS BY HELPING THEM TO IMPROVE THEIR UNDERSTANDING OF THEIR FINANCIAL CONDITION AND BUSINESS MODELS, ANALYZE THEIR STRATEGIC OPTIONS, IDENTIFY AND DETERMINE HOW TO FILL CAPITAL GAPS, AND CONDUCT LONG-TERM PLANNING. WE ALSO PROVIDED STRATEGIC ADVICE TO FOUNDATIONS, RAISING AWARENESS OF THE FINANCIAL ISSUES AFFECTING NONPROFITS THEY SUPPORT. LASTLY, WE ADVISED AND EDUCATED ORGANIZATIONS PROVIDING SERVICES TO LOW-INCOME PEOPLE AND OTHER DISADVANTAGED COMMUNITIES, GOVERNMENTS, AND OTHERS EXPLORING PAY FOR SUCCESS, OUTCOMES-BASED FUNDING, AND OTHER IMPACT INVESTING MODELS TO HELP BETTER FUND THEIR CHARITABLE AND PUBLIC ACTIVITIES, INCLUDING PROVIDING SEMINAL RESEARCH AND PUBLICATIONS TO THE FIELD. ACCESSIBLE INSIGHTS: WE BELIEVE THAT FINANCIAL KNOWLEDGE IS POWER. WE SHARE DATA, INSIGHTS, AND RESOURCES TO IMPROVE UNDERSTANDING OF NONPROFIT FINANCE AND FIND SOLUTIONS TO COMPLEX ISSUES IN SUPPORT OF POSITIVE SOCIAL CHANGE. WE USE OUR WEBSITE, PUBLICATIONS, SOCIAL MEDIA, AND OTHER PLATFORMS TO MAKE CONTENT ABOUT WHAT WE ARE LEARNING WIDELY ACCESSIBLE. IN 2017, NFF AND THE FEDERAL RESERVE BANK OF SAN FRANCISCO LAUNCHED A NATIONAL DIALOGUE ABOUT REORIENTING THE SOCIAL SECTOR AROUND OUTCOMES AND OUTCOMES-BASED FUNDING WITH THE PUBLICATION OF A BOOK, WHAT MATTERS: INVESTING IN RESULTS FOR STRONG, VIBRANT COMMUNITIES, AND A SERIES OF RELATED EVENTS ACROSS THE NATION. WE CONTINUED TO BUILD MOMENTUM IN 2018 WITH EVENTS IN DALLAS, LOS ANGELES, AND BOSTON, WHERE PEOPLE COULD LEARN ABOUT OUTCOMES-BASED PROJECTS IN REAL TIME, GROW THEIR NETWORKS, AND BUILD PARTNERSHIPS. NFF LAUNCHED THE 2018 STATE OF THE NONPROFIT SECTOR SURVEY IN JANUARY, WHICH RAISED THE VOICES OF NEARLY 3,400 NONPROFIT LEADERS ACROSS ALL 50 STATES AND A WIDE RANGE OF SIZES, MISSIONS, AND WORK AREAS. THE SURVEY IS A WIDELY CITED BAROMETER OF US NONPROFITS' PROGRAMMATIC, OPERATIONAL, AND FINANCIAL HEALTH. RESULTS ABOUT HOW LEADERS ARE RESPONDING TO CHRONIC CHALLENGES ARE FEATURED IN A REPORT AND ONLINE SURVEY ANALYZER, AND WERE USED IN TESTIMONY TO HELP ADVOCATE FOR BETTER CONTRACTS WITH CITY AGENCIES IN NEW YORK CITY. WE ARE CONTINUING TO WORK WITH LEADING ORGANIZATIONS AT THE INTERSECTION OF HEALTH AND HUMAN SERVICES TO EXPLORE COLLABORATIONS BETWEEN COMMUNITY-BASED ORGANIZATIONS AND LARGE HEALTHCARE SYSTEMS WITH THE GOAL OF BETTER ADDRESSING SOCIAL DETERMINANTS OF HEALTH AND CREATING BETTER HEALTH OUTCOMES FOR MORE PEOPLE. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE DRAFT OF THE FORM 990 IS PREPARED BY AN EXTERNAL PROFESSIONAL ACCOUNTING FIRM AND IS REVIEWED BY INTERNAL MANAGEMENT/CFO. UPON COMPLETION OF A DRAFT VERSION OF THE FORM 990, THE DRAFT IS SENT VIA ELECTRONIC MAIL TO MEMBERS OF THE AUDIT COMMITTEE OF NONPROFIT FINANCE FUND FOR THEIR PRELIMINARY REVIEW. THESE MATERIALS ARE SENT IN ADVANCE OF THE MEETING. DURING THE MEETING, A REVIEW OF THE FORM IS CONDUCTED AND THE COMMITTEE EITHER APPROVES THE 990 OR RECOMMENDS CHANGES, WHICH ARE SUBSEQUENTLY MADE AND REDISTRIBUTED TO COMMITTEE MEMBERS VIA ELECTRONIC MAIL FOR THEIR APPROVAL. THE MEMBERS MAY ALSO ELECT TO HOLD A SECOND MEETING TO REVIEW ANY CHANGES. ONCE THE DRAFT IS APPROVED, THE 990 IS PROVIDED ELECTRONICALLY TO THE FULL BOARD OF DIRECTORS, PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | NONPROFIT FINANCE FUND'S CONFLICT OF INTEREST AND DISCLOSURE POLICY WAS REVISED IN 2014. THE POLICY IS APPLICABLE TO ALL DIRECTORS, OFFICERS, COMMITTEE MEMBERS AND KEY EMPLOYEES. AT THE BEGINNING OF EACH YEAR, ALL SUCH PERSONS ARE ASKED TO SIGN A STATEMENT AFFIRMING THAT THE INDIVIDUAL HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST AND DISCLOSURE POLICY, HAS READ AND UNDERSTANDS THE POLICY AND AGREES TO COMPLY WITH THE POLICY. THE POLICY REQUIRES THAT ALL POTENTIAL CONFLICTS BE REPORTED TO THE BOARD OF DIRECTORS OR RELEVANT COMMITTEE TO DETERMINE IF A CONFLICT EXISTS AND IF SO, THAT IT BE ADDRESSED IN AN APPROPRIATE MANNER CONSISTENT WITH THE POLICY. THE POLICIES ALSO PROVIDE THAT INTERESTED PERSONS MAY NOT PARTICIPATE WHEN A POTENTIAL CONFLICT IS DETERMINED NOR BE PRESENT FOR THE APPROVAL OF ANY TRANSACTION OR BUSINESS INVOLVING THE INTERESTED PARTY. |
| FORM 990, PART VI, SECTION B, LINE 15 | NONPROFIT FINANCE FUND'S BOARD OF DIRECTORS IS RESPONSIBLE FOR DETERMINING THE COMPENSATION OF THE CEO. IN 2012 THE BOARD APPROVED THE COMPENSATION COMMITTEE'S RECOMMENDATION OF BASE SALARY AND TARGET BONUS. THESE RECOMMENDATIONS WERE BASED UPON FACTORS INCLUDING COMPENSATION PAID BY SIMILAR ORGANIZATIONS AND COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS. IN EACH SUBSEQUENT YEAR, INCLUDING 2018, THE BOARD REVIEWED THE CEO'S PERFORMANCE AGAINST ESTABLISHED GOALS AND ASSESSED MARKET CHANGES, AND THEN ADJUSTED THE CEO'S BASE SALARY, ANNUAL BONUS, OR BOTH. EACH OF THESE DECISIONS WAS DOCUMENTED IN CONTEMPORANEOUS MINUTES. SENIOR STAFF REPORTING DIRECTLY TO THE CEO ARE PAID SALARIES DETERMINED BY THE CEO. FOR 2018 THE BOARD REVIEWED AND APPROVED A TOTAL POOL FOR BASE SALARY CHANGES AND BONUSES FOR THIS GROUP. THIS APPROVAL WAS CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES. THE CEO DETERMINED THE AMOUNT OF EACH INDIVIDUAL ADJUSTMENT AND BONUS WITHIN THOSE POOLS BASED UPON INDIVIDUAL PERFORMANCE AND SCOPE OF RESPONSIBILITIES. |
| FORM 990, PART VI, SECTION C, LINE 19 | FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE SERVICE CODE. IN ADDITION, FORMS 990 AND 1023, AS WELL AS THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE AVAILABLE UPON WRITTEN REQUEST DIRECTED TO THE NONPROFIT FINANCE FUND, 5 HANOVER SQUARE, 9TH FLOOR, NEW YORK, NY 10004, OR BY CALLING THE ORGANIZATION AT 212-868-6710. |
| FORM 990, PART XI, LINE 9: | ADJUSTMENT IN ALLOWANCE FOR LOAN LOSSES 3,870,525. ADJUSTMENT TO INTERCOMPANY PAYABLE 386,252. |
| FORM 990, PART XII, LINE 2C: | NONPROFIT FINANCE FUND HAS AN AUDIT COMMITTEE, COMPOSED OF INDEPENDENT BOARD MEMBERS, THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| BUILDING FOR THE FUTURE INC | ||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 134078657 | ASSIST OTHER NONPROFITS MANAGE LONG TERM ASSETS | DE | 501(C)(3) | 12(A) | NONPROFIT FINANCE FUND | Yes (1) |
| NEW ENGLAND CULTURAL FACILITIES FUND | ||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 043278959 | INACTIVE | MA | 501(C)(3) | 12(A) | NONPROFIT FINANCE FUND | Yes (1) |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (25 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NFF NEW MARKETS FUND X LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 263758444 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $25 | 0 | Yes (1) | 0.00010 | |
| NFF NEW MARKETS FUND XI LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 263758447 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $1,579 | 0 | Yes (1) | 0.00010 | |
| NFF NEW MARKETS FUND XII LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 273226575 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $12 | 0 | Yes (1) | 0.00010 | |
| NFF NEW MARKETS FUND XIII LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 273226658 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $26 | 0 | Yes (1) | 0.00010 | |
| NFF NEW MARKETS FUND XIV LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 273226785 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $14 | 0 | Yes (1) | 0.00010 | |
| NFF NEW MARKETS FUND XV LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 273227041 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $21 | 0 | Yes (1) | 0.00010 | |
| CHASE NMTC AMISTAD INVESTMENT FUND LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 274862478 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | -$20 | 0 | Yes (1) | 0.00010 | |
| NFF NEW MARKETS FUND XVI LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 273227226 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | 0 | Yes (1) | 0.00010 | $963 | |
| NFF NEW MARKETS FUND XVII LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 273227327 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $41 | 0 | Yes (1) | 0.00010 | $1,063 |
| NFF NEW MARKETS FUND XIX LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 273227511 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $4 | 0 | Yes (1) | 0.00010 | $873 |
| NFF NEW MARKETS FUND XX LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 273227559 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $1 | 0 | Yes (1) | 0.00010 | $585 |
| NFF NEW MARKETS FUND XXI LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 273227607 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $1 | 0 | Yes (1) | 0.00010 | $972 |
| NFF NEW MARKETS FUND XXII LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 273227792 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | 0 | Yes (1) | 0.00010 | $777 | |
| NFF NEW MARKETS FUND XXIII LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 273227871 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $3 | 0 | Yes (1) | 0.00010 | $684 |
| NFF NEW MARKETS FUND XXIV LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 273227950 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | -$2 | 0 | Yes (1) | 0.00010 | $486 |
| NFF NEW MARKETS FUND XXV LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 273228011 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $4 | 0 | Yes (1) | 0.00010 | $972 |
| NFF NEW MARKETS FUND XXVI LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 464909596 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $2 | 0 | Yes (1) | 0.00010 | $601 |
| NFF NEW MARKETS FUND XXVII LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 464922051 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $6 | 0 | Yes (1) | 0.00010 | $397 |
| NFF NEW MARKETS FUND XXVIII LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 464936104 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $19 | 0 | Yes (1) | 0.00010 | $598 |
| NFF NEW MARKETS FUND XXX LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 464969840 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $5 | 0 | Yes (1) | 0.00010 | $547 |
| NFF NEW MARKETS FUND XXXI LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 464977783 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $6 | 0 | Yes (1) | 0.00010 | $1,099 |
| NFF NEW MARKETS FUND XXXII LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 464992297 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $4 | 0 | Yes (1) | 0.00010 | $751 |
| NFF NEW MARKETS FUND XXXIV LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 465018327 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $9 | 0 | Yes (1) | 0.00010 | $1,252 |
| CHASE NMTC BREXTON INVESTMENT FUND LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 900906987 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | -$5 | 0 | Yes (1) | 0.00010 | $581 |
| NFF NEW MARKETS FUND XXXVII LLC | |||||||||||||
| 5 HANOVER SQUARE 9TH FLOOR | NEW YORK | NY | 10004 | 611885294 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | 0 | Yes (1) | 0.00010 | $1,101 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |