2017-06-06T15:13:07-05:00 2016-12-31 042571780 ALEXANDER ARONSON FINNING & CO PC 21 EAST MAIN STREET WESTBOROUGH MA 01581 990 2016-01-01 261521682 CHARTER SCHOOL FINANCING PARTNERSHIP LLC CHAR 6177201999 1 WASHINGTON MALL 12TH FLOOR BOSTON MA 02108 REBECCA REGAN PRESIDENT 6177201999 2017-05-22 1 THOMAS WASHBURN CPA P00537319 5083669100 2017-05-19 64.197.103.66 2017-05-22 13:01:01 ED P C3B1CA5E9EDD1B55B0F6E2DA0EC022650C85F82C E389E89C54D8B2D0E67DFD5473BAB8CDEAF766EE 2016 2021-01-29 14:40:06Z REBECCA REGAN 1 WASHINGTON MALL 12TH FLOOR BOSTON MA 02108 512871 0 X N/A X 2007 DE CHARTER SCHOOL FINANCING PARTNERSHIP, LLC (CSFP) IS ORGANIZED AND OPERATED EXCLUSIVELY TO CARRY OUT THE EDUCATIONAL AND CHARITABLE PURPOSES OF ITS MEMBERS, INCLUDING ADVANCING EDUCATION AND LESSENING THE BURDENS OF GOVERNMENT, BY FACILITATING, ENCOURAGING AND ASSISTING IN THE FINANCING OF CHARTER SCHOOLS AND ALL EDUCATIONAL ACTIVITIES RELATED THERETO. SIX HP NETWORK MEMBERS THAT ARE CDFI'S, JOINED TOGETHER TO CREATE CSFP - A GROUNDBREAKING VEHICLE TO ACCESS SECONDARY MARKET FINANCING FOR CHARTER SCHOOLS THAT SERVE DISADVANTAGED STUDENTS AND COMMUNITIES. 6 6 0 0 0 0 0 0 189136 512707 487 164 0 0 189623 512871 0 0 0 0 0 0 0 0 0 2341933 140675 2341933 140675 -2152310 372196 17655233 17666660 4346610 3985841 13308623 13680819 X CSFP IS ORGANIZED AND OPERATED EXCLUSIVELY TO CARRY OUT THE EDUCATIONAL AND CHARITABLE PURPOSES OF ITS MEMBERS, INCLUDING ADVANCING EDUCATION AND LESSENING THE BURDENS OF GOVERNMENT, BY FACILITATING, ENCOURAGING AND ASSISTING IN THE FINANCING OF CHARTER SCHOOLS AND ALL EDUCATIONAL ACTIVITIES RELATED THERETO. SIX HP NETWORK MEMBERS THAT ARE CDFI'S, JOINED TOGETHER TO CREATE CSFP - A GROUNDBREAKING VEHICLE TO ACCESS SECONDARY MARKET FINANCING FOR CHARTER SCHOOLS THAT SERVE DISADVANTAGED STUDENTS AND COMMUNITIES. 0 0 116797 512707 CSFP PROVIDES CREDIT ENHANCEMENT FOR CHARTER SCHOOL FACILITIES THROUGHOUT THE COUNTRY BY PROVIDING INTEREST FREE DEBT SERVICE RESERVE FUNDING, LOANS, CREDIT ENHANCEMENT AGREEMENTS, AND LOAN GUARANTEES BY USING A COMBINATION OF GRANT FUNDS FROM THE U.S. DEPARTMENT OF EDUCATION AND PROCEEDS OF A PROGRAM RELATED INVESTMENT FROM THE WALTON FAMILY FOUNDATION. 116797 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X THE HOUSING PARTNERSHIP NETWORK INC 6177201999 1 WASHINGTON MALL 12TH FLOOR BOSTON MA 02108 X THOMAS A BLEDSOE VICE CHAIR 0.50 X X 0 0 0 KIM LATIMER-NELLIGAN CHAIR 0.50 X X 0 0 0 SARA VERNON STERMAN BOARD MANAGER 0.50 X 0 0 0 MARK VAN BRUNT BOARD MANAGER 0.50 X 0 0 0 SCOTT SPORTE SECRETARY/TREASURER 0.50 X X 0 0 0 DAN KOMAREK BOARD MANAGER 0.50 X 0 0 0 REBECCA REGAN PRESIDENT 0.80 X 0 0 0 KATHLEEN FARRELL LEFT IN 2016 ASSISTANT TREASURER 0.50 X 0 0 0 0 0 0 0 0 0 1 0 PLACEMENT AND SERVICE 900099 481472 481472 AGREED UPON RETURN 900099 31235 31235 512707 164 164 512871 512707 0 164 66578 66578 13795 13795 23878 23878 35784 35784 MISCELLANEOUS 640 640 140675 116797 23878 0 422415 514539 382574 649538 7800 7800 16563 16603 16825881 16478180 17655233 17666660 110120 128287 2779865 2400929 1456625 1456625 4346610 3985841 X 719232 774224 12589391 12906595 13308623 13680819 17655233 17666660 372196 0 X X 0 1 X 1 1 1 X 8196838 3026201 11223039 8196838 3026201 11223039 11223039 1441 10606 618 487 164 13316 11236355 2125297 0.99880 X 0 CREDIT ENHANCEMENT 12003307 C LOANS RECEIVABLE 1432355 C LENDING RESERVES 224908 C GRANT RESERVE 1345159 C DEBT SERVICE RESERVES 1472451 C 16478180 ACCRUED LOSS ON CREDIT ENHANCEMENTS 1456625 1456625 X 512871 0 512871 0 512871 140675 0 140675 0 140675 PART X, LINE 2: CSFP ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. CSFP HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT DECEMBER 31, 2016. CSFP'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS AND GENERALLY REMAIN OPEN FOR THE MOST RECENT THREE YEARS. X X X 0 0 0 0 0 0 0 0 0 PART VII, QUESTION 5 THOMAS BLEDSOE AND REBECCA REGAN WERE COMPENSATED BY HOUSING PARTNERSHIP NETWORK, INC., AN UNRELATED NONPROFIT MANAGEMENT AGENT. THOMAS BLEDSOE RECEIVED $410,238 IN SALARY AND BONUS AND $43,648 IN BENEFITS. REBECCA REGAN RECEIVED $276,575 IN SALARY AND BONUS AND $42,648 IN BENEFITS. FORM 990, PART VI, SECTION A, LINE 3 CSFP UTILIZES HOUSING PARTNERSHIP NETWORK AS A MANAGEMENT AGENCY, WHO PROVIDES THE DAY TO DAY OPERATING SUPPORT AND RECORD KEEPING. FORM 990, PART VI, SECTION A, LINE 6 CSFP HAS SIX MEMBERS. MEMBERS MAY SERVE ON THE BOARD OF MANAGERS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS SUBMITTED TO THE BOARD OF MANAGERS FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL CONFLICT OF INTEREST DISCLOSURE IS USED AND IF ANY ISSUES ARISE THE BOARD IS NOTIFIED. IF ISSUES ARISE, THE BOARD MANAGER INVOLVED WILL RECUSE THEMSELVES FROM THE DECISION MAKING PROCESS. FORM 990, PART VI, SECTION C, LINE 19 BY MEANS OF THE INTERNET AND UPON REQUEST. FORM 990, PART XII, LINE 2C: THE BOARD OF MANAGERS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT.