2018-11-01T08:38:38-05:00 2017-12-31 420714325 RSM US LLP 518 TOWNSHIP LINE ROAD SUITE 300 BLUE BELL PA 19422 990 2017-01-01 232331946 THE REINVESTMENT FUND INC REIN 2155745800 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 MICHAEL M CRIST CFO 2155745800 2018-10-18 1 LYNNE JOHNSON P00757336 2156418600 108.171.131.171 2018-10-18 13:20:33 ED P ED0E7B459ACDE7E8BE83C2EAC6B3667F16CE85CD FF7B79C6F17401B92B049022586E0F66AF18E737 2017 2019-02-21 02:37:17Z DONALD HINKLE-BROWN 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 103567769 0 X WWW.REINVESTMENT.COM X 1985 PA THE REINVESTMENT FUND, INC. BUILDS WEALTH AND OPPORTUNITY FOR LOW-WEALTH PEOPLE AND PLACES THROUGH THE PROMOTION OF SOCIALLY AND ENVIRONMENTALLY RESPONSIBLE DEVELOPMENT. 13 13 92 49 400898 -201601 29184427 8326076 25829090 26275160 471670 501569 37641 -294040 55522828 34808765 5743345 10744616 0 0 10813003 11172030 0 0 86000 17050426 18388052 33606774 40304698 21916054 -5495933 424551350 465049712 256779404 302921386 167771946 162128326 X THE REINVESTMENT FUND, INC. BUILDS WEALTH AND OPPORTUNITY FOR LOW-WEALTH PEOPLE AND PLACES THROUGH THE PROMOTION OF SOCIALLY AND ENVIRONMENTALLY RESPONSIBLE DEVELOPMENT. 0 1 30861794 10744616 22383034 LENDING AND COMMUNITY INVESTING: ENCOMPASSES THE ORGANIZATION'S FINANCING OF HOMES, SCHOOLS, HEALTHY FOOD RETAIL, HEALTHCARE AND OTHER PROJECTS THAT BENEFIT LOW-WEALTH PEOPLE AND PLACES AND IS THE CORE LENDING FUNCTION OF THE ORGANIZATION. 2840189 1588972 POLICYMAP: PROVIDES AN ONLINE DATA ANALYSIS AND MAPPING TOOL THAT PROVIDES BROAD ACCESS TO DATA, REPORTS AND ANALYTICS USEFUL FOR SOCIAL INVESTMENT STRATEGIES. 1846479 1154821 POLICY SOLUTIONS: CONDUCTS POLICY, DATA ANALYSIS AND SOCIAL IMPACT ANALYSES THAT ADVANCE REINVESTMENT FUND, INC.'S MISSION AND EFFECT SYSTEM CHANGE, ON BEHALF OF REINVESTMENT FUND, INC. AS WELL AS PUBLIC AND PHILANTHROPIC CLIENTS. 3831 453395 SUSTAINABLE DEVELOPMENT FUND ("SDF"): REPRESENTS AN ENERGY-RELATED FUND THAT USES LOANS, INVESTMENTS AND GRANTS TO AUGMENT THE ORGANIZATION'S EXISTING ENERGY CONSERVATION AND COMMUNITY INVESTING EFFORTS. SDF WAS CREATED BY THE PARTIES TO THE PECO ENERGY COMPANY ("PECO ENERGY") RESTRUCTURING AND APPROVED BY THE PENNSYLVANIA PUBLIC UTILITY COMMISSION ("PUC") IN MAY 1998. 3831 453395 35552293 1 1 0 1 0 0 0 0 1 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 570 0 1 92 1 1 1 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 1 1 PA DC DE MD NJ CA VA TX X MICHAEL M CRIST 2155745800 1700 MARKET STREET19TH FLOOR PHILADELPHIA PA 19103 ARNIE GRAF BOARD MEMBER (THRU 12/31/17) 2.00 0.00 X 0 0 0 ELIZABETH SUR BOARD MEMBER / SECRETARY 1.00 1.00 X X 0 0 0 JOHN S SUMMERS CHAIRMAN OF BOARD 1.00 1.00 X X 0 0 0 MARK ZANDI VICE CHAIRMAN 1.00 1.00 X X 0 0 0 RAYMOND SKINNER BOARD MEMBER 2.00 0.00 X 0 0 0 SANDEEP WADHWA BOARD MEMBER 2.00 0.00 X 0 0 0 SAUL A BEHAR BOARD MEMBER 1.00 2.00 X 0 0 0 SCOTT M JENKINS BOARD MEMBER / TREASURER 1.00 2.00 X X 0 0 0 TRINITA LOGUE BOARD MEMBER 2.00 0.00 X 0 0 0 MELISSA BRADLEY BOARD MEMBER 1.00 2.00 X 0 0 0 PHYLLIS CATER BOARD MEMBER 1.00 1.00 X 0 0 0 KEN DALY BOARD MEMBER 2.00 0.00 X 0 0 0 GABRIELLA DIFILIPPO BOARD MEMBER 2.00 0.00 X 0 0 0 KATHERINE O'REGAN BOARD MEMBER 2.00 0.00 X 0 0 0 PATRICIA WELLENBACH BOARD MEMBER/AUDIT CHAIR(THRU 6/30/17 2.00 0.00 X 0 0 0 ALLEN SHUBIN BOARD MEMBER (THRU 9/30/17) 2.00 0.00 X 0 0 0 DONALD HINKLE-BROWN CORP. PRESIDENT & CEO 36.00 4.00 X 462924 0 17927 M AMANDA HIGH CHIEF OF STRATEGIC INITIATIVES 40.00 0.00 X 284538 0 17775 MICHAEL M CRIST EVP & CFO 36.00 4.00 X 315438 0 32330 NANCY WAGNER-HISLIP CHIEF INVESTMENT OFFICER 39.00 1.00 X 269181 0 31123 SHANNON FRESE ASSISTANT SECRETARY 39.00 1.00 X 85540 0 8890 IRA GOLDSTEIN PRESIDENT OF POLICY SOLUTIONS 40.00 0.00 X 224437 0 24775 MAGGIE MCCULLOUGH PRESIDENT OF POLICYMAP 39.00 1.00 X 143012 37284 29166 BARRY POROZNI CIO 40.00 0.00 X 175386 0 6701 SUZANNE ALOI CORPORATE CONTROLLER 30.00 10.00 X 208972 0 8380 ANDREW RACHLIN MANAGING DIRECTOR, LENDING & INVESTING 30.00 10.00 X 168423 0 12546 MATTHEW SOLOFF MANAGER, FINANCIAL PLANNING AND ANALYSIS 40.00 0.00 X 176752 0 25279 CHRISTINA SZCZEPANSKI MANAGING DIRECTOR, STRUCTURED FINANCE & PORTFOLIO 40.00 0.00 X 158923 0 5214 2673526 37284 220106 31 0 1 0 MORGAN LEWIS & BOCKIUS LLP 1701 MARKET ST PHILADELPHIA PA 19103 LEGAL 262707 RSM US LLP 518 TOWNSHIP LINE ROAD SUITE 300 BLUE BELL PA 19422 ACCOUNTING SERVICES 249095 COHN REZNICK LLP 500 E PRATT STREET SUITE 200 BALTIMORE MD 21202 ACCOUNTING SERVICES 235245 FUTURA MOBILITY LLC 515 PENNSYLVANIA AVENUE FORT WASHINGTON PA 19034 IT CONSULTING 152973 EISNERAMPER 750 THIRD AVENUE NEW YORK NY 10017 ACCOUNTING SERVICES 136500 8 150000 8176076 8326076 INTEREST 525990 19402013 19402013 ASSET MANAGEMENT FEES 561000 1729599 1729599 LOAN & LEASE FEES 525990 1597234 1597234 POLICYMAP REVENUES 900099 400898 400898 NMTC PLACEMENT FEES 900099 283230 283230 2862186 2862186 26275160 529233 529233 68731340 68759004 -27664 -27664 -27664 LOSSES FROM INVESTMENTS 525990 -84572 -84572 LOSSES FROM PARTNERSHIP 525990 -209468 -209468 -294040 34808765 25580222 400898 501569 X 10737478 10737478 7138 7138 1785070 1249549 535521 7339362 5060515 2198347 80500 288196 210112 77306 778 1050030 767855 279334 2841 709372 508345 199146 1881 364583 165982 198601 259202 259202 168816 168816 4099207 3716722 382485 128263 94574 33689 800556 587270 213286 291136 291136 726921 551845 175076 242674 187541 55133 435508 239807 195701 7978183 7978183 676060 676060 163927 116872 47055 PROVISION FOR LOAN LOSS 1690688 1690688 STAFF DEVELOPMENT/RECRU 150009 74284 75725 BANK FEES 107126 107126 LOANS RELATED EXPENSE 61390 61390 43803 43803 40304698 35552293 4666405 86000 47648145 46728045 14318374 655423 2945604 3579923 314268603 370106947 579297 336084 3008387 2196634 1778632 811753 40635769 40834518 2376926 1997019 424551350 465049712 3871699 3981200 6856164 5201809 1369729 1640397 37212965 65827535 195618563 215166231 11850284 11104214 256779404 302921386 X 63254808 68250646 54392788 43748959 50124350 50128721 167771946 162128326 424551350 465049712 -5495933 -147687 0 X 0 1 X 1 1 1 X 16422032 15703978 5826691 29184427 8326076 75463204 16422032 15703978 5826691 29184427 8326076 75463204 29309300 46153904 517481 359084 414029 544469 529232 2364295 544982 2473449 3018431 80845930 111041816 0.57090 0.60910 X 258582 258582 40046116 40304698 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 167495 251377 236092 258582 913546 250000 250000 250000 250000 1000000 1500000 PART II-B, LINE 1: REINVESTMENT FUND'S ADVOCACY EXPENSES INCLUDE ACTIVITIES TO LIFT UP OUR WORK AND THAT OF CDFIS BROADLY TO DELIVER CAPITAL, CREDIT, AND FINANCIAL SERVICES TO PEOPLE AND COMMUNITIES WHO HAVE BEEN UNDERSERVED BY THE NATION'S FINANCIAL SYSTEM. OUR EFFORTS ARE TO EDUCATE POLICYMAKERS ABOUT THE IMPORTANCE OF CDFIS' ROLE IN A VARIETY OF POLICY SPACES THAT AIM TO IMPROVE CRITICAL COMMUNITY INFRASTRUCTURE INCLUDING ACCESS TO HEALTHY FOOD, HEALTHCARE AND AFFORDABLE HOUSING. 0 1369729 2133787 1863119 1640397 1 X 1045593 458900 586693 1097390 948383 149007 865404 789351 76053 811753 RESERVE FUNDS PAYABLE 2701975 ACCRUED LEASE INCENTIVE 627239 A/P-RELATED PARTY 53000 THIRD PARTY PARTICIPATION 7722000 11104214 X PART IV, LINE 2B: ESCROW ACCOUNTS FOR LENDING ACTIVITY PART X, LINE 2: INCOME TAXES: REINVESTMENT FUND IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, REINVESTMENT FUND QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. INCOME WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. REINVESTMENT FUND HAD NO NET UNRELATED BUSINESS INCOME TAX FOR THE YEAR ENDED DECEMBER 31, 2017. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. CONSEQUENTLY, NO ACCRUAL FOR INTEREST AND PENALTIES WAS DEEMED NECESSARY FOR THE YEAR ENDED DECEMBER 31, 2017. THE ORGANIZATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL AND STATE JURISDICTIONS. GENERALLY, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2014. 1 ACCESS TO CAPITAL FOR ENTREPRENEURS 3173 HWY 129 N CLEVELAND GA 30528 582383669 501(C)(3) 1687500 TO EXPAND CDFI COVERAGE IN LOW-INCOME COMMUNITIES IN METRO ATLANTA AND PROVIDE COMMUNITY DEVELOPMENT CAPITAL AND SERVICES TO NEIGHBORHOODS THAT NEED IT MOST. ANN KIDS INC 10100 JAMISON AVE PHILADELPHIA PA 19116 208934521 138415 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA ASOCIACION PUERTORRIQUENOS EN MARCHA INC 1900 N 19TH STREET SUITE 102 PHILADELPHIA PA 19122 231930630 501(C)(3) 270000 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA ATLANTA NEIGHBORHOOD DEVELOPMENT PARTNERSHIP 229 PEACHTREE STREET NE SUITE 705 ATLANTA GA 30303 581946632 501(C)(3) 1623500 TO EXPAND CDFI COVERAGE IN LOW-INCOME COMMUNITIES IN METRO ATLANTA AND PROVIDE COMMUNITY DEVELOPMENT CAPITAL AND SERVICES TO NEIGHBORHOODS THAT NEED IT MOST. AZTEC SIGNS & GRAPHICS 5818 TORRESDALE AVE PHILADELPHIA PA 19135 233066628 7150 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA BALTIMORE ANNEX THEATRE 219 PARK AVENUE BALTIMORE MD 21201 264255486 501(C)(3) 7613 CATALYZING CULTURE AND COMMUNITY. GRANT TO BENEFIT LOW-INCOME COMMUNITIES IN PRIMARILY URBAN MARKETS BY TARGETING INVESTMENT IN REDEVELOPMENT EFFORTS THAT INTEGRATE THE ARTS AND CREATIVE ECONOMY. BALTIMORE COMMUNITY LLC 25 E 20TH STREET BALTIMORE MD 21218 320479920 11411 CATALYZING CULTURE AND COMMUNITY. GRANT TO BENEFIT LOW-INCOME COMMUNITIES IN PRIMARILY URBAN MARKETS BY TARGETING INVESTMENT IN REDEVELOPMENT EFFORTS THAT INTEGRATE THE ARTS AND CREATIVE ECONOMY. BEAUTIFUL BEGINNINGS CHILD CARE CENTER 8120 BUSTLETON AVE PHILADELPHIA PA 19152 300271545 67638 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA BEGIRLWORLD 812 N 13TH STREET PHILADELPHIA PA 19123 471778007 501(C)(3) 5000 RECIPIENT OF COMMUNITY CHAMPION AWARD, GRANT TO ASSIST WITH EMPOWERING TEENAGE GIRLS THROUGH GLOBAL EDUCATION AND TRAVEL. BLUESTONE CONSTRUCTION SERVICES PO BOX 2340 MALVERN PA 19355 453243732 232690 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA BUZZ BURGER INC 500 S WHITEHORSE RD PHOENIXVILLE PA 19460 232774633 7186 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA CHILDREN'S PLAYHOUSE EARLY LEARNING 2501-15 S MARSHALL STREET PHILADELPHIA PA 19148 471890173 19604 PROVIDE FACILITY EXPANSION GRANTS TO HIGH-QUALITY CHILD CARE CENTERS SERVING LOW-INCOME FAMILIES IN PHILADELPHIA. IN ADDITION, SOME OF THE GRANT FUNDS UTILIZED FOR INTEREST RATE BUY-DOWN AND CREDIT ENHANCEMENT OF TRF ISSUED LOANS FOR PROJECTS WITHIN THE FFQ PROGRAM. COMMUNITY PLAYTHINGS 2032 ROUTE 213 RIFTON NY 12471 141803009 65058 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA CORE BTS INC PO BOX 77419 4419 SOLUTIONS CENTER CHICAGO IL 60677 203873784 36071 PAYMENT OF GRANT FUNDS GIVEN TO SUPPORT RF'S STRATEGIC INVESTMENTS DISCOUNT SCHOOL SUPPLY 2 LOWER RASGDALE SUITE 200 MONTEREY CA 93940 770407301 13967 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA DIVERSIFIED COMMUNITY SERVICES 1529 SOUTH 22ND STREET PHILADELPHIA PA 19146 231365980 501(C)(3) 16108 PROVIDE FACILITY EXPANSION GRANTS TO HIGH-QUALITY CHILD CARE CENTERS SERVING LOW-INCOME FAMILIES IN PHILADELPHIA. IN ADDITION, SOME OF THE GRANT FUNDS UTILIZED FOR INTEREST RATE BUY-DOWN AND CREDIT ENHANCEMENT OF TRF ISSUED LOANS FOR PROJECTS WITHIN THE FFQ PROGRAM. DOUBLES MARKET & GRILL LLC 2501 MADISON 1F BALTIMORE MD 21217 821913238 10000 GRANT TO PROVIDE FRESH FRUITS, VEGETABLES AND OTHER HEALTHY FOODS TO RESIDENTS IN PRIORITY FUNDING AREAS. GENERAL RECREATION INC PO BOX 440 NEWTOWN SQUARE PA 19073 232023237 9677 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA GNP DESIGN GROUP 2793 BRISTOL PIKE SUITE A BENSALEM PA 19020 201234353 242407 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA GREATER BALTIMORE CULTURAL ALLIANCE INC 120 WEST NORTH AVE SUITE 305 BALTIMORE MD 21201 260010594 501(C)(3) 13023 CATALYZING CULTURE AND COMMUNITY. GRANT TO BENEFIT LOW-INCOME COMMUNITIES IN PRIMARILY URBAN MARKETS BY TARGETING INVESTMENT IN REDEVELOPMENT EFFORTS THAT INTEGRATE THE ARTS AND CREATIVE ECONOMY. INNOVA REDEVELOPMENT LLC 1548 SOUTH 16TH STREET PHILADELPHIA PA 19146 232880266 262889 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA JBL CONSTRUCTION SERVICES INC 1657 THE FAIRWAY SUITE 141 JENKINTOWN PA 19046 232930280 561027 PROVIDE FACILITY EXPANSION GRANTS TO HIGH-QUALITY CHILD CARE CENTERS SERVING LOW-INCOME FAMILIES IN PHILADELPHIA. IN ADDITION, SOME OF THE GRANT FUNDS UTILIZED FOR INTEREST RATE BUY-DOWN AND CREDIT ENHANCEMENT OF TRF ISSUED LOANS FOR PROJECTS WITHIN THE FFQ PROGRAM. LAKESHORE LEARNING MATERIALS 2695 E DOMINGUEZ STREET CARSON CA 90895 941525814 109784 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA LMI ELECTRIC INC 375 MALIN ROAD NEWTOWN SQUARE PA 19073 261444142 263811 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA MAY DAY CONSTRUCTION AND MANAGEMENT LLC PO BOX 635 SOUDERTON PA 18964 272872078 648056 PROVIDE FACILITY EXPANSION GRANTS TO HIGH-QUALITY CHILD CARE CENTERS SERVING LOW-INCOME FAMILIES IN PHILADELPHIA. IN ADDITION, SOME OF THE GRANT FUNDS UTILIZED FOR INTEREST RATE BUY-DOWN AND CREDIT ENHANCEMENT OF TRF ISSUED LOANS FOR PROJECTS WITHIN THE FFQ PROGRAM. METRO IAF INC 551 VANDALIA AVE BROOKLYN NY 11239 133805406 501(C)(3) 2500000 TO SUPPORT EQUITY RESTORATION FUND, WHICH WILL FINANCE AFFORDABLE HOUSING IN COMMUNITIES HIT HARD BY THE LAST NATIONAL RECESSION. NILE RIVER CAPITAL 2320 WEST MOREHEAD STREET CHARLOTTE NC 28208 821315676 100000 TO SUPPORT GROWTH OF MINORITY AND WOMEN OWNED SMALL BUSINESSES AND ACCOMPANYING CONSTRUCTION ORIENTED JOBS IN THE EASTERN REGION OF THE UNITED STATES. PARENT INFANT CENTER 4205 SPRUCE ST PHILADELPHIA PA 19104 232151143 501(C)(3) 47418 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA PHILADELPHIA CHINATOWN DEVELOPMENT CORPORATION 301 N 9TH ST PHILADELPHIA PA 19107 237439723 501(C)(3) 500000 PROVIDE PLANNING AND CAPITAL SUPPORT FOR COMMERCIAL CORRIDOR PROJECT. PLAY WITH A PURPOSE 2525 LEMOND STREET SW OWATONNA MN 55060 411796468 8140 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA POLARIS SECURITY 160 YEW RD CHELTENHAM PA 19012 162761126 5000 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA PRATT STREET LEARNING CENTER 899 PRATT STREET PHILADELPHIA PA 19124 412279520 94503 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA REBUILD METRO 1129 N CAROLINE ST BALTIMORE MD 21213 232671667 501(C)(3) 322836 RESTRUCTURING GRANT FOR DP'S SEPARATION (RENAMED TO REBUILD METRO INC.) SAFETY TURF INC 201 N 4TH AVE ROYERSFORD PA 19468 232332877 9295 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA SWEETLAND CHILDCARE CENTER INC 4350 H STREET PHILADELPHIA PA 19124 453703377 81637 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA THE COMMON MARKET GEORGIA 1050 OAKLEIGH DRIVE EAST POINT GA 30344 474769308 501(C)(3) 10000 COMMUNITY CHAMPION AWARD RECIPIENT, TO SUPPORT THEIR MISSION TO EMPOWER, STRENGTHEN AND CONNECT TWO VULNERABLE POPULATIONS: LOW INCOME COMMUNITIES AND LOCAL FAMILY FARMERS. YOUR CHILD'S WORLD LEARNING CENTER INC 7120 N BROAD STREET PHILADELPHIA PA 19126 562494900 16814 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA 12 25 PROVIDE PLANNING AND CAPITAL SUPPORT FOR THE EXPANSION OF HIGH-QUALITY CHILD CARE PROVIDERS SERVING LOW-INCOME CHILDREN IN PHILADELPHIA 1 7138 PART I, LINE 2: APPLICATIONS FOR GRANTS ARE RECEIVED AND PROCESSED BY THE APPLICABLE PROGRAM MANAGER. ONCE APPROVED, GRANT DISBURSEMENTS ARE PROCESSED BY THE FINANCE DEPARTMENT. ONGOING COMPLIANCE WITH THE GRANT TERMS ARE MONITORED AND MAINTAINED BY THE APPLICABLE PROGRAM MANAGER AND THE FINANCE DEPARTMENT. X 0 1 X X X X X 0 0 0 0 0 0 0 0 0 DONALD HINKLE-BROWN CORP. PRESIDENT & CEO 362372 0 87118 0 13434 0 0 0 17927 0 480851 0 0 0 M AMANDA HIGH CHIEF OF STRATEGIC INITIATIVES 221279 0 50198 0 13061 0 9508 0 8267 0 302313 0 0 0 MICHAEL M CRIST EVP & CFO 255234 0 58896 0 1308 0 10584 0 21746 0 347768 0 0 0 NANCY WAGNER-HISLIP CHIEF INVESTMENT OFFICER 217973 0 49622 0 1586 0 9049 0 22074 0 300304 0 0 0 IRA GOLDSTEIN PRESIDENT OF POLICY SOLUTIONS 182591 0 41227 0 619 0 7397 0 17378 0 249212 0 0 0 MAGGIE MCCULLOUGH PRESIDENT OF POLICYMAP 141932 28545 0 8500 1080 239 6029 1206 18276 3655 167317 42145 0 0 BARRY POROZNI CIO 151342 0 16819 0 7225 0 6233 0 468 0 182087 0 0 0 SUZANNE ALOI CORPORATE CONTROLLER 174760 0 19008 0 15204 0 7757 0 623 0 217352 0 0 0 ANDREW RACHLIN MANAGING DIRECTOR, LENDING & INVESTI 150412 0 17500 0 511 0 4982 0 7564 0 180969 0 0 0 MATTHEW SOLOFF MANAGER, FINANCIAL PLANNING AND ANAL 134696 0 13968 0 28088 0 4002 0 21277 0 202031 0 0 0 CHRISTINA SZCZEPANSKI MANAGING DIRECTOR, STRUCTURED FINANC 135250 0 16000 0 7673 0 4809 0 405 0 164137 0 0 0 PART I, LINE 1A ALTHOUGH THE ORGANIZATION DOES NOT HAVE A WRITTEN POLICY, IT IS OUR PRACTICE AS A CONVENIENCE TO OUR EMPLOYEES TO ALLOW THEM TO PURCHASE COMPANION TRAVEL ON THE CORPORATE CREDIT CARD. THE ORGANIZATION DEDUCTS THE COST OF THE COMPANION TRAVEL PURCHASED FROM THE EMPLOYEE'S SALARY (AFTER TAX) THROUGH THE NEXT SCHEDULED SEMI-MONTHLY PAYROLL AS THE EMPLOYEE IS ULTIMATELY RESPONSIBLE FOR THIS COST. FORM 990, PART III, LINE 3 AS OF 11/1/17 POLICYMAP CONVERTED TO A BENEFIT CORPORATION, POLICYMAP, INC. POLICYMAP PROVIDES AN ONLINE DATA ANALYSIS AND MAPPING TOOL THAT PROVIDES BROAD ACCESS TO DATA, REPORTS AND ANALYTICS USEFUL FOR SOCIAL INVESTMENT STRATEGIES. THIS PROGRAM WILL CONTINUE, BUT UNDER POLICYMAP, INC. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ENGAGED OUR INDEPENDENT ACCOUNTANTS RSM US LLP. TO PREPARE FORM 990 IN ACCORDANCE WITH OUR AUDITED FINANCIAL STATEMENTS. THE FORM 990 IS THEN REVIEWED BY MANAGEMENT, THE REINVESTMENT FUND, INC.'S AUDIT AND RISK COMMITTEE (WHICH IS A SUB-COMMITTEE OF THE FULL BOARD WITH FISCAL AND FIDUCIARY OVERSIGHT) AND IS MADE AVAILABLE TO THE FULL GOVERNING BODY, PRIOR TO THE SUBMISSION OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C COMPREHENSIVE CONFLICT OF INTEREST QUESTIONNAIRE IS DISTRIBUTED ANNUALLY TO ALL BOARD AND COMMITTEE MEMBERS. UPON RECEIPT OF THE QUESTIONNAIRE, ALL BOARD, COMMITTEE MEMBERS AND STAFF HAVE 60 DAYS TO RETURN THE COMPLETED QUESTIONNAIRE TO THE ORGANIZATION'S HUMAN RESOURCE DEPARTMENT. THE COMPLETED QUESTIONNAIRES ARE REVIEWED AND MONITORED BY THE HUMAN RESOURCE DEPARTMENT AND ANY POTENTIAL CONFLICTS ARE COMMUNICATED TO THE ORGANIZATION'S MANAGEMENT AND BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION OF THE ORGANIZATION'S CEO THROUGH A VARIETY OF SOURCES, INCLUDING COMPETITOR DATA AND SURVEYS. ADDITIONALLY, THE ORGANIZATION HAS ENGAGED THE SERVICES OF AN INDEPENDENT CONSULTANT TO PROVIDE AN OPINION ON THE REASONABLENESS OF THE COMPENSATION PLAN FOR THE CEO, THREE TOP MANAGEMENT OFFICIALS AND TWO BUSINESS UNIT PRESIDENTS USING COMPARATIVE DATA AND SURVEY DATA. THE OPINION LETTER FOR THE CEO, THREE TOP MANAGEMENT OFFICIALS AND TWO BUSINESS UNIT PRESIDENT'S COMPENSATION IS SENT DIRECTLY TO THE CHAIRMAN OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST STATEMENT, FORM(S) 1023, 990 & 990T AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). AVAILABILITY IS MADE THROUGH ITS OFFICES AT 1700 MARKET STREET, 19TH FLOOR, PHILADELPHIA, PA 19103. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 3,716,722. MANAGEMENT AND GENERAL EXPENSES 382,485. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,099,207. FORM 990, PART IV, LINE 26: THE ORGANIZATION OFFERS PROMISSORY NOTES TO THE GENERAL PUBLIC THROUGH A PROSPECTUS OFFERING REGISTERED WITH THE PENNSYLVANIA DEPARTMENT OF BANKING AND SECURITIES. THE TERMS AND CONDITIONS OF THE PROMISSORY NOTES ARE SET BY THE PROSPECTUS AND ARE THE SAME FOR EVERYONE. THE PROSPECTUS IS AVAILABLE TO THE GENERAL PUBLIC, INCLUDING BOARD MEMBERS, OFFICERS AND EMPLOYEES OF THE ORGANIZATION. AT YEAR END, VOTING BOARD MEMBERS AND OFFICERS OF THE ORGANIZATION HAD LOANS OUTSTANDING UNDER THE PROSPECTUS. BASED ON GUIDANCE, PROVIDED FROM THE IRS, REGARDING DEBT OFFERED ON THE SAME TERMS AS OFFERED TO THE GENERAL PUBLIC, WE HAVE ANSWERED THIS QUESTION AS "NO AND DID NOT COMPLETE SCHEDULE L. AS PART OF OUR PROMISSORY NOTE PROGRAM, OUR DIRECTORS, OFFICERS, TRUSTEE, ETC MAKE UP $385,602 OF OUR PROMISSORY NOTE PROGRAM OF $19,783,653. THE ORGANIZATION ISSUED $50,935,000 OF BONDS TO PURSUANT TO THE TERMS OF AN INDENTURE OF TRUST DATED APRIL 1, 2017. NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THE BONDS. THE TERMS AND CONDITIONS OF THE BONDS ARE SET BY THE INDENTURE AND ARE THE SAME FOR ALL BONDHOLDERS. THE BONDS ARE AVAILABLE TO THE GENERAL PUBLIC, INCLUDING BOARD MEMBERS, OFFICERS AND EMPLOYEEES OF THE ORGANIZATION. TRADING AND SALES OF THE BONDS ARE NOT REPORTED TO THE ORGANIZATION AND THEREFORE THE ORGANIZATION CANNOT CLAIM KNOWLEDGE OF OR REPORT ON THE HOLDINGS OF ANY INDIVIDUAL OR INSTITUTION AS OF ANY SPECIFIC DATE. THIS INCLUDES THE AMOUNT THAT MAY BE HELD BY VOTING BOARD MEMBERS AND OFFICERS OF THE ORGANIZATION. TRF EDUCATION FUNDING LLC 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 232331946 INVESTMENT IN CHARTER SCHOOL FINANCING DE 24311 144939 THE REINVESTMENT FUND INC TRF NMTC FUND LLC 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 020730746 INVESTMENT IN NMTC PARTNERSHIPS DE 2379 75942 THE REINVESTMENT FUND INC TRF FUND MANAGER LLC 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 273090164 INVESTMENT IN NMTC PARTNERSHIPS DE 53523 41036 THE REINVESTMENT FUND INC POLICYMAP LLC 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 474976209 ON-LINE DATA ANALYSIS AND MAPPING TOOL THAT PROVIDES BROAD ACCESS TO DATA PA -1000652 0 THE REINVESTMENT FUND INC COLLABORATIVE LENDING INITIATIVE INC 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 232765410 LENDING AND COMMUNITY INVESTING PA 501(C)(3) LINE 12A, I N/A 1 TRF ENTERPRISE FUND INC 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 233010796 LENDING AND COMMUNITY INVESTING PA 501(C)(3) LINE 12A, I N/A 1 TRF PRIVATE EQUITY INC 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 311481669 PRIVATE EQUITY PA 501(C)(3) LINE 12A, I N/A 1 RF IMPACT ADVISERS INC 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 822572776 LENDING AND COMMUNITY INVESTING PA 501(C)(3) LINE 10 N/A 1 481 PHILABUNDANCE INVESTMENT FUND LLC 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 461083048 REDEVELOPMENT ACTIVITIES PA RELATED -1 3226 0 1 0.00010 CHASE NMTC LIBERTY HEIGHTS INVESTMENT FUND LLC 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 461191778 REDEVELOPMENT ACTIVITIES PA RELATED -122 1620 0 1 0.00010 CHASE NMTC PHN INVESTMENT FUND LLC 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 460750788 REDEVELOPMENT ACTIVITIES PA RELATED -1 780 0 1 0.00010 CHASE NMTC TRF 2011 INVESTMENT FUND LLC 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 453506939 REDEVELOPMENT ACTIVITIES PA RELATED 1011 0 0 0.00010 FSCLF HOLDING LLC 100 W 10TH STREET SUITE 1005 WILMINGTON DE 19801 453833176 HOLDING COMPANY DE RELATED 2369 292338 0 0 0.50000 HEALTHCO PARTICIPANT LLC 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 464147984 LOAN ADMINISTRATION PA RELATED -1844 6868 0 0 0.33330 OH BEL-AIR PARTNERS LP 150 S INDEPENDENCE MALL WEST ST 102 PHILADELPHIA PA 19106 200459281 REDEVELOPMENT ACTIVITIES INCLUDING RENTAL FACILITIES PA RELATED 3756 766894 0 0 0.80250 OH CHELTEN PARTNERS LP 150 S INDEPENDENCE MALL WEST ST 102 PHILADELPHIA PA 19106 200459342 REDEVELOPMENT ACTIVITIES INCLUDING RENTAL FACILITIES PA RELATED -17598 700605 0 0 0.80250 TRF NMTC FUND IX LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 263748406 REDEVELOPMENT ACTIVITIES PA RELATED 21 0 1 0.00010 TRF NMTC FUND V LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 208485396 REDEVELOPMENT ACTIVITIES PA RELATED 3 0 1 0.00010 TRF NMTC FUND X LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 263748452 REDEVELOPMENT ACTIVITIES PA RELATED 66 0 1 0.00010 TRF NMTC FUND XI LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 263748520 REDEVELOPMENT ACTIVITIES PA RELATED 34 0 1 0.00010 TRF NMTC FUND XIII LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 263748763 REDEVELOPMENT ACTIVITIES PA RELATED 691 0 1 0.00010 TRF NMTC FUND XIV LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 263748814 REDEVELOPMENT ACTIVITIES PA RELATED 60 17028 0 1 0.00010 TRF NMTC FUND XIX LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 455056381 REDEVELOPMENT ACTIVITIES PA RELATED 5 4252 0 1 0.00010 TRF NMTC FUND XV LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 263749993 REDEVELOPMENT ACTIVITIES PA RELATED 176 57264 0 1 0.00010 TRF NMTC FUND XVI LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 263750073 REDEVELOPMENT ACTIVITIES PA RELATED 38 10418 0 1 0.00010 TRF NMTC FUND XVII LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 263750138 REDEVELOPMENT ACTIVITIES PA RELATED 11 6766 0 1 0.00010 TRF NMTC FUND XVIII LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 455056256 REDEVELOPMENT ACTIVITIES PA RELATED 30 11493 0 1 0.00010 TRF NMTC FUND XX LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 455056470 REDEVELOPMENT ACTIVITIES PA RELATED 23 4762 0 1 0.00010 TRF NMTC FUND XXI LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 455056693 REDEVELOPMENT ACTIVITIES PA RELATED 5 4051 0 1 0.00010 TRF NMTC FUND XXII LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 455057215 REDEVELOPMENT ACTIVITIES PA RELATED 26 4909 0 1 0.00010 TRF NMTC FUND XXIII LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 455062436 REDEVELOPMENT ACTIVITIES PA RELATED 42 16885 0 1 0.00010 TRF NMTC FUND XXIV LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 462447476 REDEVELOPMENT ACTIVITIES PA RELATED 4 3100 0 1 0.00010 TRF NMTC FUND XXIX LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 465283711 REDEVELOPMENT ACTIVITIES PA RELATED 37 6203 0 1 0.00010 TRF NMTC FUND XXV LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 462458105 REDEVELOPMENT ACTIVITIES PA RELATED 18 7429 0 1 0.00010 TRF NMTC FUND XXVI LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 462469813 REDEVELOPMENT ACTIVITIES PA RELATED 8 12828 0 1 0.00010 TRF NMTC FUND XXVII LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 462485795 REDEVELOPMENT ACTIVITIES PA RELATED 6 7427 0 1 0.00010 TRF NMTC FUND XXVIII LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 462496766 REDEVELOPMENT ACTIVITIES PA RELATED 4 8101 0 1 0.00010 TRF NMTC FUND XXX LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 465275906 REDEVELOPMENT ACTIVITIES PA RELATED 35 5170 0 1 0.00010 TRF NMTC FUND XXXI LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 465296479 REDEVELOPMENT ACTIVITIES PA RELATED 7 21836 0 1 0.00010 TRF NMTC FUND XXXII LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 465308492 REDEVELOPMENT ACTIVITIES PA RELATED 11 14853 0 1 0.00010 TRF NMTC FUND XXXIII LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 465324801 REDEVELOPMENT ACTIVITIES PA RELATED 6 4134 0 1 0.00010 TRF NMTC FUND XXXIV LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 473965002 REDEVELOPMENT ACTIVITIES PA RELATED 3 6200 0 1 0.00010 TRF NMTC FUND XXXIX LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 474494692 REDEVELOPMENT ACTIVITIES PA RELATED 3 3358 0 1 0.00010 TRF NMTC FUND XXXVI LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 473993802 REDEVELOPMENT ACTIVITIES PA RELATED 28 4395 0 1 0.00010 TRF NMTC FUND XXXVII LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 474004216 REDEVELOPMENT ACTIVITIES PA RELATED 27 6718 0 1 0.00010 TRF NMTC FUND XXXVIII LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 474010887 REDEVELOPMENT ACTIVITIES PA RELATED 37 4137 0 1 0.00010 TRF NMTC FUND XXXV LP 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 473977872 REDEVELOPMENT ACTIVITIES PA RELATED 6 4650 0 1 0.00010 DOMESTIC SMALL CAP PAY FOR SUCCESS FUND I LP - CLASS A 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 823400647 REDEVELOPMENT ACTIVITIES PA RELATED 15066 0 0 0.05000 DOMESTIC SMALL CAP PAY FOR SUCCESS FUND I LP - CLASS B 100 W 10TH STREET SUITE 1005 PHILADELPHIA PA 19103 823400647 REDEVELOPMENT ACTIVITIES PA RELATED 200 13044 0 0 0.05000 REINVESTMENT II LLC 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 272769757 RENTAL PROPERTY PA THE REINVESTMENT FUND INC C 1.00000 1 POLICYMAP INC 1700 MARKET STREET 19TH FLOOR PHILADELPHIA PA 19103 823099310 ON-LINE DATA ANALYSIS AND MAPPING TOOL THAT PROVIDES BROAD ACCESS TO DATA PA THE REINVESTMENT FUND INC C -80541 727097 1.00000 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 POLICYMAP INC B 299900 CASH TRANSFER POLICYMAP INC D 350000 CASH TRANSFER POLICYMAP INC P 147875 CASH TRANSFER