RAZA DEVELOPMENT FUND INC: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- RAZA DEVELOPMENT FUND INC (EIN 52-1954196)
- Tax period
- 2015-10-01 to 2016-09-30
- Filed
- 2017-08-15
- IRS object ID
- 201732279349302143
- Schema version
- 2015v3.0
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-08-15T12:30:36-05:00 | ReturnTs |
| Tax Period End | 2016-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9737 WASHINGTONIAN BLVD 400 | AddressLine1Txt |
| City | GAITHERSBURG | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 208787340 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521954196 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RAZA DEVELOPMENT FUND INC | BusinessNameLine1Txt |
| Business Name Line2 | C/O RODRIGO VELA CFO | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RAZA | BusinessNameControlTxt |
| Phone | 6024171403 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 E WASHINGTON STREET NO 2250 | AddressLine1Txt |
| City | PHOENIX | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85004 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TOM ESPINOZA | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 6024171403 | PhoneNum |
| Signature | 2017-08-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JULIA FLANNERY CPA | PreparerPersonNm |
| PTIN | P00928918 | PTIN |
| Phone | 3012963600 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | TOM ESPINOZA | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 E WASHINGTON STREET NO 2250 | AddressLine1Txt |
| City | PHOENIX | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $9,691,173 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.RAZAFUND.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1996 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | RAZA DEVELOPMENT FUND'S MISSION IS TO CREATE FINANCING SOLUTIONS THAT INCREASE OPPORTUNITIES FOR THE LATINO COMMUNITY AND LOW-INCOME FAMILIES IN THE AREAS OF AFFORDABLE HOUSING, EDUCATION AND HEALTH CARE. RDF TRULY INVESTS IN THE DREAMS AND HOPES OF NCLR AFFILIATES AND OTHER NOT-FOR-PROFIT SOCIAL SERVICE ORGANIZATIONS BUILDING UP THEIR COMMUNITIES, AND THEREBY TOUCHING THE LIVES OF THOUSANDS OF FAMILIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 29 | TotalEmployeeCnt |
| Total Volunteers | 8 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $600,000 | PYContributionsGrantsAmt |
| CY Contributions Grants | $326,500 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $10,892,035 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $9,196,205 | CYProgramServiceRevenueAmt |
| PY Investment Income | $162,452 | PYInvestmentIncomeAmt |
| CY Investment Income | $138,610 | CYInvestmentIncomeAmt |
| PY Other Revenue | $92,161 | PYOtherRevenueAmt |
| CY Other Revenue | $29,858 | CYOtherRevenueAmt |
| PY Total Revenue | $11,746,648 | PYTotalRevenueAmt |
| CY Total Revenue | $9,691,173 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $341,043 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $387,202 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,566,060 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,692,471 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $93,517 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $6,339,546 | PYOtherExpensesAmt |
| CY Other Expenses | $5,608,034 | CYOtherExpensesAmt |
| PY Total Expenses | $10,246,649 | PYTotalExpensesAmt |
| CY Total Expenses | $9,687,707 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,499,999 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,466 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $150,827,613 | TotalAssetsBOYAmt |
| Total Assets EOY | $171,847,679 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $92,703,228 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $113,021,534 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $58,124,385 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $58,826,145 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | RAZA DEVELOPMENT FUND'S (RDF) MISSION IS TO CREATE FINANCING SOLUTIONS THAT INCREASE OPPORTUNITIES FOR THE LATINO COMMUNITY AND LOW-INCOME FAMILIES IN THE AREAS OF AFFORDABLE HOUSING, EDUCATION AND HEALTH CARE. RDF TRULY INVESTS IN THE DREAMS AND HOPES OF NCLR AFFILIATES AND OTHER NOT-FOR-PROFIT SOCIAL SERVICE ORGANIZATIONS BUILDING UP THEIR COMMUNITIES, AND THEREBY TOUCHING THE LIVES OF THOUSANDS OF FAMILIES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $7,922,419 | ExpenseAmt |
| Grant | $387,202 | GrantAmt |
| Revenue | $9,196,205 | RevenueAmt |
| Desc | LOAN FUND PROGRAMS: LENDING PROGRAMS TO ASSIST HISPANIC AGENCIES AS WELL AS OTHER AGENCIES SERVING LOW INCOME COMMUNITIES BY INCREASING ACCESS TO CAPITAL, STRENGTHENING AFFILIATE RELATIONS AND PROMOTE ECONOMIC AND FINANCIAL LITERACY AT THE AGENCY LEVEL. LOANS APPROVED 31. | Desc |
| Total Program Service Expenses | $7,922,419 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 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 | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | 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 | 56 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 29 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| 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 |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | 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 | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RODRIGO VELA CFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6024171403 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 E WASHINGTON STREET NO 2250 | AddressLine1Txt |
| City | PHOENIX | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85004 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| JAMES W FEILD | ||||||||
| BOARD CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ARABELLA MARTINEZ | ||||||||
| VICE CHAIRPERSON/SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ART RUIZ | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ROLDAN TRUJILLO | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KIMBERLY LATIMER-NELLIGAN | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOSEPH F REILLY | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KENNETH I TRUJILLO | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JANIS BOWDLER | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JANET MURGUIA | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $459,642 | $38,281 | 40.00 | ||
| TOM ESPINOZA | ||||||||
| PRESIDENT/CEO | 40.00 | Yes (X) | Yes (X) | $337,322 | $0 | $36,596 | ||
| MARK VAN BRUNT | ||||||||
| COO | 40.00 | Yes (X) | $259,462 | $0 | $43,025 | |||
| RODRIGO VELA | ||||||||
| CFO | 40.00 | Yes (X) | $238,167 | $0 | $41,687 | |||
| DAVID CLOWER | ||||||||
| CHIEF CREDIT OFFICER | 40.00 | Yes (X) | $179,645 | $0 | $37,007 | |||
| ANGELA STEPHENSON | ||||||||
| DIRECTOR - EDUCATION & CHILDCARE | 40.00 | $120,099 | $0 | $14,766 | Yes (X) | |||
| JUAN MADRID | ||||||||
| CONTROLLER | 40.00 | $115,547 | $0 | $31,892 | Yes (X) | |||
| SILVIA URRUTIA | ||||||||
| DIRECTOR - HOUSING & HEALTHCARE | 40.00 | $115,541 | $0 | $24,639 | Yes (X) | |||
| GUADALUPE GOMEZ | ||||||||
| DIRECTOR - US/MEXICO BORDER REGION | 40.00 | $106,732 | $0 | $15,460 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,472,515 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $459,642 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $283,353 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 8 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| VERACRUZ ADVISORY LLC | |||||
| 412 S SHORE DR STE 1A | SARASOTA | FL | 34234 | LOAN ORIGINATION SERVICES | $384,123 |
| SCS ENGINEERS | |||||
| 3900 KILROY AIRPORT WAY STE 100 | LONG BEACH | CA | 90806 | LAND ENVIRONMENTAL TESTING | $187,760 |
| REMAX NEW HEIGHTS REALTY | |||||
| 6427 S CENTRAL AVE STE 100 | PHOENIX | AZ | 85042 | PROJECT MANAGEMENT | $186,290 |
| BERGMAN & ALLDERDICE | |||||
| 1200 WILSHIRE BLVD STE 610 | LOS ANGELES | CA | 90017 | LEGAL FEES | $170,078 |
| UNITED FUND ADVISORS | |||||
| 24 NW 1ST AVE STE 470 | PORTLAND | OR | 97209 | NMTC ADVISORY SERVICES | $157,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $326,500 | AllOtherContributionsAmt |
| Total Contributions | $326,500 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| LOAN INTEREST INCOME | 900009 | $7,689,354 | $7,689,354 |
| ORIGINATION FEES | 900009 | $987,851 | $987,851 |
| NMTC/LOAN FEES | 900009 | $519,000 | $519,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $9,196,205 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $138,610 | TotalRevenueColumnAmt |
| Exclusion | $138,610 | ExclusionAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $29,858 | TotalRevenueColumnAmt |
| Exclusion | $29,858 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $29,858 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,691,173 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,196,205 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $168,468 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $377,202 | TotalAmt |
| Program Services | $377,202 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,000 | TotalAmt |
| Program Services | $10,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,479,233 | TotalAmt |
| Program Services | $727,799 | ProgramServicesAmt |
| Management And General | $701,477 | ManagementAndGeneralAmt |
| Fundraising | $49,957 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,224,309 | TotalAmt |
| Program Services | $1,146,010 | ProgramServicesAmt |
| Management And General | $78,299 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $199,114 | TotalAmt |
| Program Services | $136,278 | ProgramServicesAmt |
| Management And General | $58,608 | ManagementAndGeneralAmt |
| Fundraising | $4,228 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $605,761 | TotalAmt |
| Program Services | $442,428 | ProgramServicesAmt |
| Management And General | $152,345 | ManagementAndGeneralAmt |
| Fundraising | $10,988 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $184,054 | TotalAmt |
| Program Services | $129,173 | ProgramServicesAmt |
| Management And General | $51,548 | ManagementAndGeneralAmt |
| Fundraising | $3,333 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,213 | TotalAmt |
| Program Services | $50,213 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $108,198 | TotalAmt |
| Program Services | $78,052 | ProgramServicesAmt |
| Management And General | $30,146 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,115,166 | TotalAmt |
| Program Services | $935,131 | ProgramServicesAmt |
| Management And General | $180,035 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $196,819 | TotalAmt |
| Program Services | $9,934 | ProgramServicesAmt |
| Management And General | $186,831 | ManagementAndGeneralAmt |
| Fundraising | $54 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,143 | TotalAmt |
| Program Services | $31,727 | ProgramServicesAmt |
| Management And General | $7,514 | ManagementAndGeneralAmt |
| Fundraising | $902 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,143 | TotalAmt |
| Program Services | $36,861 | ProgramServicesAmt |
| Management And General | $5,600 | ManagementAndGeneralAmt |
| Fundraising | $1,682 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $364,151 | TotalAmt |
| Program Services | $231,897 | ProgramServicesAmt |
| Management And General | $118,159 | ManagementAndGeneralAmt |
| Fundraising | $14,095 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $336,260 | TotalAmt |
| Program Services | $295,082 | ProgramServicesAmt |
| Management And General | $36,781 | ManagementAndGeneralAmt |
| Fundraising | $4,397 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,653,052 | TotalAmt |
| Program Services | $2,653,052 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,648 | TotalAmt |
| Program Services | $50,648 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $116,734 | TotalAmt |
| Program Services | $116,734 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| SERVICE CHARGES | $180,005 | $160,490 | $18,641 | $874 |
| MEMBERSHIPS & SUBSCRIPT | $112,518 | $90,221 | $22,072 | $225 |
| BOARD RELATED EXPENSES | $19,786 | $16,679 | $2,771 | $336 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $220,198 | TotalAmt |
| Program Services | $196,808 | ProgramServicesAmt |
| Management And General | $20,944 | ManagementAndGeneralAmt |
| Fundraising | $2,446 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,687,707 | TotalAmt |
| Program Services | $7,922,419 | ProgramServicesAmt |
| Management And General | $1,671,771 | ManagementAndGeneralAmt |
| Fundraising | $93,517 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,756,314 | BOYAmt |
| EOY | $13,231,049 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,418,485 | BOYAmt |
| EOY | $15,308,952 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $666,076 | BOYAmt |
| EOY | $549,824 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $113,377,347 | BOYAmt |
| EOY | $139,510,205 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,492,705 | BOYAmt |
| EOY | $184,659 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $721,892 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $439,519 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $250,432 | BOYAmt |
| EOY | $282,373 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $619,691 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $866,254 | BOYAmt |
| EOY | $799,305 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $1,361,621 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $150,827,613 | BOYAmt |
| EOY | $171,847,679 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $578,205 | BOYAmt |
| EOY | $409,816 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,000 | BOYAmt |
| EOY | $57,000 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $986,436 | BOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,800,000 | BOYAmt |
| EOY | $17,873,393 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,000,000 | BOYAmt |
| EOY | $83,646,017 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,309,587 | BOYAmt |
| EOY | $11,035,308 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $92,703,228 | BOYAmt |
| EOY | $113,021,534 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,706,118 | BOYAmt |
| EOY | $43,348,526 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,418,267 | BOYAmt |
| EOY | $15,477,619 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,124,385 | BOYAmt |
| EOY | $58,826,145 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $150,827,613 | BOYAmt |
| EOY | $171,847,679 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,466 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $698,294 | 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) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| 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) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| Supported Organizations | 1 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL COUNCIL OF LA RAZA INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 860212873 | EIN |
| Organization Type | 7 | OrganizationTypeCd |
| Governing Document Listed | Yes (1) | GoverningDocumentListedInd |
| Support | $0 | SupportAmt |
| Other Support | $0 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Support Sum | $0 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | 0 | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | 0 | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (1) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | 0 | OperateBenefitNonSuprtOrgInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $176,024 | OtherCostOrOtherBasisAmt |
| Depreciation | $13,389 | DepreciationAmt |
| Book Value | $162,635 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $59,713 | OtherCostOrOtherBasisAmt |
| Depreciation | $39,457 | DepreciationAmt |
| Book Value | $20,256 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $486,155 | OtherCostOrOtherBasisAmt |
| Depreciation | $386,673 | DepreciationAmt |
| Book Value | $99,482 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $282,373 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| UNFUNDED COMMITMENTS | $11,875 |
| EQUITY EQUIVALENT INVESTMENTS | $11,000,000 |
| ACCRUED LEASE EXPENSE | $23,433 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $11,035,308 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $7,038,121 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | -$2,653,052 | OtherRevenueAmt |
| Revenue Not Reported | -$2,653,052 | RevenueNotReportedAmt |
| Revenue Subtotal | $9,691,173 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $9,691,173 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $6,336,361 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | -$698,294 | OtherExpensesIncludedAmt |
| Expenses Not Reported | -$698,294 | ExpensesNotReportedAmt |
| Expenses Subtotal | $7,034,655 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $2,653,052 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $2,653,052 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $9,687,707 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | RDF IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, RDF 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. RDF HAD NO NET UNRELATED BUSINESS INCOME TAX FOR THE YEARS ENDED SEPTEMBER 30, 2016 AND 2015. MANAGEMENT EVALUATED RDF'S TAX POSITIONS AND CONCLUDED THAT RDF 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 YEARS ENDED SEPTEMBER 30, 2016 AND 2015. RDF FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. RDF IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR THE YEARS BEFORE 2013. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | INTEREST EXPENSE -2,653,052. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | LOAN LOSS RESERVE -698,294. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INTEREST EXPENSE 2,653,052. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (11 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| ALL SAINTS CATHOLIC NEWMAN CENTER | |||||||
| 230 EAST UNIVERSITY DRIVE | TEMPE | AZ | 85281 | 300514126 | 501(C)(3) | $11,875 | COMMUNITY DEVELOPMENT |
| ASU FOUNDATION | |||||||
| 555 N CENTRAL AVE STE 302 | PHOENIX | AZ | 85004 | 866051042 | 501(C)(3) | $100,000 | COMMUNITY DEVELOPMENT |
| EN FAMILIA INC | |||||||
| PO BOX 6159 | PHOENIX | AZ | 85005 | 460932624 | 501(C)(3) | $10,000 | COMMUNITY DEVELOPMENT |
| HOLY TRINITY CATHOLIC NEWMAN CENTER | |||||||
| 520 W RIORDAN ROAD | FLAGSTAFF | AZ | 86001 | 320439043 | 501(C)(3) | $25,500 | COMMUNITY DEVELOPMENT |
| HOSANNA FOUNDATION | |||||||
| PO BOX 3333 | ONTARIO | CA | 91761 | 205042625 | 501(C)(3) | $27,000 | COMMUNITY DEVELOPMENT |
| MARISOL FEDERAL CREDIT UNION | |||||||
| 721 N 3RD ST | PHOENIX | AZ | 85004 | 860125352 | 501(C)(14) | $68,731 | COMMUNITY DEVELOPMENT |
| NEDCO | |||||||
| 10 W MAIN ST | MESA | AZ | 85201 | 860888028 | 501(C)(3) | $10,000 | COMMUNITY DEVELOPMENT |
| UNIVERSITY OF PENNSYLVANIADREXEL UNIVERSITY NEWMAN CENTER | |||||||
| 3728 CHESTNUT ST | PHILADELPHIA | PA | 19104 | 231716502 | 501(C)(3) | $15,000 | COMMUNITY DEVELOPMENT |
| SAINT PAUL'S OUTREACH | |||||||
| 5814 BLACKSHIRE PATH | INVER GROVE HEIGHTS | MN | 55076 | 411621192 | 501(C)(3) | $10,000 | COMMUNITY DEVELOPMENT |
| UNIVERSITY OF MARY TEMPE | |||||||
| 215 E 7TH ST | TEMPE | AZ | 85281 | 450273403 | 501(C)(3) | $12,000 | COMMUNITY DEVELOPMENT |
| ST CATHERINE OF SIENA CATHOLIC SCHOOL | |||||||
| 6413 S CENTRAL AVE | PHOENIX | AZ | 85042 | 300514550 | 501(C)(3) | $50,000 | COMMUNITY DEVELOPMENT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 10 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | BOOK WRITING GRANT | GrantTypeTxt |
| Recipient | 1 | RecipientCnt |
| Cash Grant | $10,000 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | RDF HAS A GRANT CONTRACT WITH ITS GRANTEES, WHICH ENCOMPASS THE VARIOUS PROJECT STAGES. THE CAPITAL IS ALLOCATED TO THIRD PARTY CONSULTANTS THAT PROVIDE THE TECHNICAL ASSISTANCE AND DEVELOPMENT PRACTICES FOR THE IMPLEMENTATION IN THE PROJECT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JANET MURGUIA | ||||||||||||||
| BOARD MEMBER | $0 | $456,510 | $0 | $0 | $0 | $3,132 | $0 | $17,500 | $0 | $20,781 | $0 | $497,923 | $0 | $0 |
| TOM ESPINOZA | ||||||||||||||
| PRESIDENT/CEO | $296,919 | $0 | $37,355 | $0 | $3,048 | $0 | $21,200 | $0 | $15,396 | $0 | $373,918 | $0 | $0 | $0 |
| MARK VAN BRUNT | ||||||||||||||
| COO | $223,400 | $0 | $30,728 | $0 | $5,334 | $0 | $20,538 | $0 | $22,487 | $0 | $302,487 | $0 | $0 | $0 |
| RODRIGO VELA | ||||||||||||||
| CFO | $192,789 | $0 | $45,000 | $0 | $378 | $0 | $19,200 | $0 | $22,487 | $0 | $279,854 | $0 | $0 | $0 |
| DAVID CLOWER | ||||||||||||||
| CHIEF CREDIT OFFICER | $179,290 | $0 | $0 | $0 | $355 | $0 | $14,520 | $0 | $22,487 | $0 | $216,652 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4A | FormAndLineReferenceDesc |
| Explanation | MS. STEPHENSON RECEIVED A SEVERANCE PACKAGE FROM RAZA DEVELOPMENT FUND, INC. THAT WAS WITHIN THE TERMS AND CONDITIONS OF THE AGREEMENT. THE SEVERANCE WAS BASED ON LENGTH OF SERVICE AND RESPONSIBILITIES. ADDITIONAL TERMS AND CONDITIONS OF THE CONFIDENTIAL SEVERANCE AGREEMENT WILL BE PROVIDED TO THE IRS UPON REQUEST. AMOUNTS PAID DURING THE CURRENT PERIOD ARE PROPERLY REFLECTED ON THE EMPLOYEES W-2 AND DISCLOSED ON FORM 990, PART VII, COLUMN D. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE ORGANIZATION'S FORM 990 UNDERGOES A NUMBER OF INTERNAL AND EXTERNAL REVIEWS BEFORE IT IS FILED WITH THE IRS. THE RETURN IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM, AND IS REVIEWED BY THE ORGANIZATION'S CHIEF FINANCIAL OFFICER. A FINAL DRAFT OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT BEFORE IT IS FILED WITH THE IRS. ANY QUESTIONS OR ISSUES ARE ADDRESSED AND RESOLVED WITH THE CHIEF FINANCIAL OFFICER. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE POLICY IS DESIGNED TO HELP DIRECTORS, OFFICERS AND EMPLOYEES OF THE CORPORATION IDENTIFY SITUATIONS THAT PRESENT POTENTIAL CONFLICTS OF INTEREST AND PROVIDE THEM WITH PROCEDURES WHICH, IF FOLLOWED, WILL HELP ASSURE THAT THE CORPORATION ENTERS INTO A FINANCIAL TRANSACTION AND ARRANGEMENTS THAT ARE IN ITS INTERESTS, VALID AND BINDING. ANY INTERESTED PARTY WITH A POTENTIAL CONFLICT OF INTEREST SHALL DISCLOSE ITS CONFLICT TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS, WHICH THEN DELIBERATES IN THE ABSENCE OF THE INTERESTED PARTY THE EXISTENCE OR ABSENCE OF CONFLICT. AFTER MAKING SUCH DETERMINATION BY VOTE, THE COMMITTEE COMMUNICATES ITS CONCLUSION TO THE CORRESPONDING AUTHORITY THAT HAS APPROVALS TO ENTER INTO SUCH FINANCIAL TRANSACTION, AND THEN A VOTE BY THAT AUTHORITY ON WHETHER THE CORPORATION SHOULD ENTER OR NOT ENTER SUCH A FINANCIAL TRANSACTION TAKES PLACE WITHOUT THE INPUT OF THE INTERESTED PARTY IF A CONFLICT DEEMED TO EXIST. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE PERSONNEL COMMITTEE IS CHARGED WITH THE PERFORMANCE REVIEW OF THE PRESIDENT & CEO. THE REVIEW IS BASED ON THE ANNUAL OPERATING GOALS ESTABLISHED FOR THE ORGANIZATION, THESE INCLUDE PRODUCTIONS, FINANCIAL, FUND RAISING AND OPERATION GOALS. BASED ON THE OVERALL PERFORMANCE THE COMMITTEE RECOMMENDS A SALARY MODIFICATION AND BONUS, THAT IS REVIEWED AND APPROVED BY YHE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAINTAINS AN UPDATED COPY OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC REVIEW FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). |
| FORM 990, PART XI, LINE 9: | CREDIT FOR LOAN LOSSES 406,585. ACCRUAL FOR UNFUNDED COMMITMENTS 291,709. |
| FORM 990, PART XII, LINE 2C: | THERE HAVE BEEN NO CHANGES DURING THE YEAR IN THE PROCESS. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| RAZA COMMUNITY VENTURES LLC (RCV) | |||||||||
| 1 E WASHINGTON STREET STE 2250 | PHOENIX | AZ | 85004 | 521954196 | HOLDING ASSETS FOR COMMUNITY DEVELOPMENT | AZ | $0 | $3,054,707 | RAZA DEVELOPMENT FUND INC |
| RDF FUND MANAGER LLC (RDFFM) | |||||||||
| 1 E WASHINGTON STREET STE 2250 | PHOENIX | AZ | 85004 | 453280259 | MANAGE BUSINESS AND CARRY-OUT THE PURPOSE OF THE INVESTMENT FUND | AZ | -$11 | $24,437 | RAZA DEVELOPMENT FUND INC |
| 1200 NORTH PARK STREET PARTNERS LLC | |||||||||
| 1 E WASHINGTON STREET STE 2250 | PHOENIX | AZ | 85004 | 521954196 | OWN AND LEASE REAL PROPERTY FOR COMMUNITY DEVELOPMENT | MN | $15,793 | $169,260 | RAZA COMMUNITY VENTURES LLC |
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 | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| NAITONAL COUNCIL OF LA RAZA INC | ||||||||||
| 1126 16TH STREET NW | WASHINGTON | DC | 20036 | 860212873 | WORKS TO IMPROVE OPPORTUNITES FOR HISPANIC AMERICANS | AZ | 501(C)(3) | LINE 7 | N/A | 0 |
| STRATEGIC INVESTMENT FUND FOR LA RAZA INC | ||||||||||
| 1126 16TH STREET NW | WASHINGTON | DC | 20036 | 522268398 | SUPPORT THE CHARITABLE AND EDUCATIONAL ACTIVITIES OF NCLR | DE | 501(C)(3) | LINE 11A, I | N/A | 0 |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (13 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 | Share Of EOY AssetsShareOfEOYAssetsAmt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CHASE NMTC EXCEL INVESTMENT FUND LLC | |||||||||||||
| 1 E WASHINGTON ST 2250 | PHOENIX | AZ | 85004 | 452772405 | COMMUNITY DEVELOPMENT | DE | RDF FUND MANAGER LLC | RELATED | -$4 | $859 | 0 | Yes (1) | 0.00010 |
| CHASE NMTC FBRGV INVESTMENT FUND LLC | |||||||||||||
| 1 E WASHINGTON ST 2250 | PHOENIX | AZ | 85004 | 452772484 | COMMUNITY DEVELOPMENT | DE | RDF FUND MANAGER LLC | RELATED | -$7 | $1,261 | 0 | Yes (1) | 0.00010 |
| PARTNERSHIPS OF HOPE I LLC | |||||||||||||
| 1 E WASHINGTON ST 2250 | PHOENIX | AZ | 85004 | 272096685 | COMMUNITY DEVELOPMENT | DE | RAZA DEVELOPMENT FUND | RELATED | $11 | $833 | 0 | Yes (1) | 0.00010 |
| PARTNERSHIPS OF HOPE II LLC | |||||||||||||
| 1 E WASHINGTON ST 2250 | PHOENIX | AZ | 85004 | 272096768 | COMMUNITY DEVELOPMENT | DE | RAZA DEVELOPMENT FUND | RELATED | $3 | $7,736 | 0 | Yes (1) | 0.00010 |
| PARTNERSHIPS OF HOPE III LLC | |||||||||||||
| 1 E WASHINGTON ST 2250 | PHOENIX | AZ | 85004 | 272096840 | COMMUNITY DEVELOPMENT | DE | RAZA DEVELOPMENT FUND | RELATED | $14 | $20,223 | 0 | Yes (1) | 0.00010 |
| PARTNERSHIPS OF HOPE IV LLC | |||||||||||||
| 1 E WASHINGTON ST 2250 | PHOENIX | AZ | 85004 | 272096897 | COMMUNITY DEVELOPMENT | DE | RAZA DEVELOPMENT FUND | RELATED | 0 | Yes (1) | 0.00010 | ||
| PARTNERSHIPS OF HOPE V LLC | |||||||||||||
| 1 E WASHINGTON ST 2250 | PHOENIX | AZ | 85004 | 272096932 | COMMUNITY DEVELOPMENT | DE | RAZA DEVELOPMENT FUND | RELATED | $3 | $10,991 | 0 | Yes (1) | 0.00010 |
| PARTNERSHIPS OF HOPE VI LLC | |||||||||||||
| 1 E WASHINGTON ST 2250 | PHOENIX | AZ | 85004 | 452500179 | COMMUNITY DEVELOPMENT | DE | RAZA DEVELOPMENT FUND | RELATED | $2 | $4,125 | 0 | Yes (1) | 0.00010 |
| PARTNERSHIPS OF HOPE VII LLC | |||||||||||||
| 1 E WASHINGTON ST 2250 | PHOENIX | AZ | 85004 | 452500213 | COMMUNITY DEVELOPMENT | DE | RAZA DEVELOPMENT FUND | RELATED | $3 | $496 | 0 | Yes (1) | 0.00010 |
| PARTNERSHIPS OF HOPE VIII LLC | |||||||||||||
| 1 E WASHINGTON ST 2250 | PHOENIX | AZ | 85004 | 452500256 | COMMUNITY DEVELOPMENT | DE | RAZA DEVELOPMENT FUND | RELATED | $9 | $994 | 0 | Yes (1) | 0.00010 |
| PARTNERSHIPS OF HOPE IX LLC | |||||||||||||
| 1 E WASHINGTON ST 2250 | PHOENIX | AZ | 85004 | 452500321 | COMMUNITY DEVELOPMENT | DE | RAZA DEVELOPMENT FUND | RELATED | $697 | 0 | Yes (1) | 0.00010 | |
| PARTNERSHIPS OF HOPE X LLC | |||||||||||||
| 1 E WASHINGTON ST 2250 | PHOENIX | AZ | 85004 | 452500384 | COMMUNITY DEVELOPMENT | DE | RAZA DEVELOPMENT FUND | RELATED | $2 | $895 | 0 | Yes (1) | 0.00010 |
| PARTNERSHIPS OF HOPE XI LLC | |||||||||||||
| 1 E WASHINGTON ST 2250 | PHOENIX | AZ | 85004 | 454982815 | COMMUNITY DEVELOPMENT | MO | RAZA DEVELOPMENT FUND | RELATED | $10 | $698 | 0 | Yes (1) | 0.00010 |
| 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 | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | 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 | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| PARTNERSHIPS OF HOPE II | ||
| L | $57,000 | ACCRUAL |
| PARTNERSHIPS OF HOPE III | ||
| L | $79,000 | ACCRUAL |
| PARTNERSHIPS OF HOPE IV | ||
| L | $60,000 | ACCRUAL |
Comments