RAZA DEVELOPMENT FUND INC: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- RAZA DEVELOPMENT FUND INC (EIN 52-1954196)
- Tax period
- 2014-10-01 to 2015-09-30
- Filed
- 2016-08-15
- IRS object ID
- 201602289349303905
- Schema version
- 2014v6.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule I
- Schedule J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-08-15T12:24:06-05:00 | ReturnTs |
| Tax Period End | 2015-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8401 GREENSBORO DRIVE SUITE 800 | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-10-01 | 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % RODRIGO VELA CFO | InCareOfNm |
| Business Name Control | RAZA | BusinessNameControlTxt |
| Phone | 6024171403 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 E Washington Street Suite 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 | 7038930600 | PhoneNum |
| Signature | 2016-08-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Joyce Underwood | PreparerPersonNm |
| PTIN | P00022361 | PTIN |
| Phone | 7038930600 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-09-27 15:27:22Z | 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 ST NO 2250 | AddressLine1Txt |
| City | Phoenix | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $11,746,648 | GrossReceiptsAmt |
| Group Return For Affiliates | false | 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 | see schedule O | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 27 | TotalEmployeeCnt |
| Total Volunteers | 8 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $6,301,500 | PYContributionsGrantsAmt |
| CY Contributions Grants | $600,000 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $8,171,030 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $10,892,035 | CYProgramServiceRevenueAmt |
| PY Investment Income | $115,797 | PYInvestmentIncomeAmt |
| CY Investment Income | $162,452 | CYInvestmentIncomeAmt |
| PY Other Revenue | $88,680 | PYOtherRevenueAmt |
| CY Other Revenue | $92,161 | CYOtherRevenueAmt |
| PY Total Revenue | $14,677,007 | PYTotalRevenueAmt |
| CY Total Revenue | $11,746,648 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $494,957 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $341,043 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,020,863 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,566,060 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $104,312 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $6,128,063 | PYOtherExpensesAmt |
| CY Other Expenses | $6,339,546 | CYOtherExpensesAmt |
| PY Total Expenses | $9,643,883 | PYTotalExpensesAmt |
| CY Total Expenses | $10,246,649 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $5,033,124 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,499,999 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $154,101,810 | TotalAssetsBOYAmt |
| Total Assets EOY | $150,827,613 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $97,477,424 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $92,703,228 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $56,624,386 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $58,124,385 | NetAssetsOrFundBalancesEOYAmt |
| 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. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $8,249,735 | ExpenseAmt |
| Grant | $341,043 | GrantAmt |
| Revenue | $10,892,035 | 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 39. | Desc |
| Total Program Service Expenses | $8,249,735 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | Yes (true) | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | Yes (true) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 41 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 27 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | 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 | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RODRIGO VELA CFO | PersonNm |
| Phone | 6024171403 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 E WASHINGTON ST NO 2250 | AddressLine1Txt |
| City | Phoenix | CityNm |
| State Abbreviation | AZ | StateAbbreviationCd |
| ZIP | 85004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| James Feild | ||||||||
| Chairman | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Arabella Martinez | ||||||||
| Vice-Chair | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Roldan Trujillo | ||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Kimberly Latimer Nelligan | ||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Janet Murguia | ||||||||
| Board Member | 1.0 | 35.0 | Yes (X) | $0 | $425,525 | $34,116 | ||
| Art Ruiz | ||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Joseph Reilly | ||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Janis Bowdler | ||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Kenneth I Trujillo | ||||||||
| Board Member | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Tom Espinoza | ||||||||
| President & CEO | 40.0 | 0.0 | Yes (X) | $429,582 | $0 | $30,855 | Yes (X) | |
| Mark Van Brunt | ||||||||
| COO | 40.0 | 0.0 | $229,882 | $0 | $35,242 | Yes (X) | ||
| Rodrigo Vela | ||||||||
| CFO | 40.0 | 0.0 | $192,739 | $0 | $32,937 | Yes (X) | ||
| David Clower | ||||||||
| CCO | 40.0 | 0.0 | $206,838 | $0 | $33,910 | Yes (X) | ||
| Angela Stephenson | ||||||||
| Director | 40.0 | 0.0 | $116,735 | $0 | $14,493 | Yes (X) | ||
| Silvia Urrutia | ||||||||
| Director | 40.0 | 0.0 | $113,681 | $0 | $21,151 | Yes (X) | ||
| Guadalupe Gomez | ||||||||
| Director | 40.0 | 0.0 | $102,741 | $0 | $13,521 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,392,198 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $425,525 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $216,225 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 7 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 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 SERVICES | $274,166 |
| REMAX NEW HEIGHTS REALTY | |||||
| 6427 S CENTRAL STE 100 | PHOENIX | AZ | 85042 | PROJECT MANAGEMENT | $155,292 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $600,000 | AllOtherContributionsAmt |
| Total Contributions | $600,000 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| LOAN INTEREST INCOME | $7,530,209 | $7,530,209 |
| NMTC/LOAN FEES | $2,487,681 | $2,487,681 |
| ORIGINATION FEES | $874,145 | $874,145 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $10,892,035 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $162,452 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $162,452 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Total Revenue Column | $92,161 | TotalRevenueColumnAmt |
| Exclusion | $92,161 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $92,161 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,746,648 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $10,892,035 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $254,613 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $341,043 | TotalAmt |
| Program Services | $341,043 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,656,711 | TotalAmt |
| Program Services | $1,046,712 | ProgramServicesAmt |
| Management And General | $570,611 | ManagementAndGeneralAmt |
| Fundraising | $39,388 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,294,424 | TotalAmt |
| Program Services | $812,244 | ProgramServicesAmt |
| Management And General | $450,858 | ManagementAndGeneralAmt |
| Fundraising | $31,322 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,157 | TotalAmt |
| Program Services | $56,094 | ProgramServicesAmt |
| Management And General | $23,157 | ManagementAndGeneralAmt |
| Fundraising | $1,906 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $358,931 | TotalAmt |
| Program Services | $220,999 | ProgramServicesAmt |
| Management And General | $130,447 | ManagementAndGeneralAmt |
| Fundraising | $7,485 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $174,837 | TotalAmt |
| Program Services | $113,071 | ProgramServicesAmt |
| Management And General | $58,243 | ManagementAndGeneralAmt |
| Fundraising | $3,523 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,295 | TotalAmt |
| Management And General | $8,295 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,981 | TotalAmt |
| Program Services | $73,981 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,600 | TotalAmt |
| Program Services | $73,220 | ProgramServicesAmt |
| Management And General | $31,380 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,681,178 | TotalAmt |
| Program Services | $1,541,547 | ProgramServicesAmt |
| Management And General | $139,594 | ManagementAndGeneralAmt |
| Fundraising | $37 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $346,059 | TotalAmt |
| Program Services | $35,183 | ProgramServicesAmt |
| Management And General | $310,707 | ManagementAndGeneralAmt |
| Fundraising | $169 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,620 | TotalAmt |
| Program Services | $31,440 | ProgramServicesAmt |
| Management And General | $7,381 | ManagementAndGeneralAmt |
| Fundraising | $799 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,832 | TotalAmt |
| Program Services | $29,093 | ProgramServicesAmt |
| Management And General | $4,460 | ManagementAndGeneralAmt |
| Fundraising | $1,279 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $250,361 | TotalAmt |
| Program Services | $165,135 | ProgramServicesAmt |
| Management And General | $76,124 | ManagementAndGeneralAmt |
| Fundraising | $9,102 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $433,816 | TotalAmt |
| Program Services | $378,482 | ProgramServicesAmt |
| Management And General | $49,757 | ManagementAndGeneralAmt |
| Fundraising | $5,577 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,510,830 | TotalAmt |
| Program Services | $2,510,830 | ProgramServicesAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,281 | TotalAmt |
| Program Services | $52,281 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $103,855 | TotalAmt |
| Program Services | $103,855 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| LOAN LOSS RESERVE | $60,379 | $60,379 | ||
| SERVICE CHARGES | $260,530 | $244,421 | $15,366 | $743 |
| BOARD RELATED EXPENSES | $63,327 | $61,596 | $1,662 | $69 |
| MEMBERSHIPS & SUBSCRIPTIONS | $109,654 | $102,803 | $6,657 | $194 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $205,948 | TotalAmt |
| Program Services | $195,326 | ProgramServicesAmt |
| Management And General | $7,903 | ManagementAndGeneralAmt |
| Fundraising | $2,719 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,246,649 | TotalAmt |
| Program Services | $8,249,735 | ProgramServicesAmt |
| Management And General | $1,892,602 | ManagementAndGeneralAmt |
| Fundraising | $104,312 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,583,009 | BOYAmt |
| EOY | $18,756,314 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,329,321 | BOYAmt |
| EOY | $15,418,485 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,829,763 | BOYAmt |
| EOY | $666,076 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $117,727,810 | BOYAmt |
| EOY | $113,377,347 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $315,848 | BOYAmt |
| EOY | $1,492,705 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $639,303 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $388,871 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $296,654 | BOYAmt |
| EOY | $250,432 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,019,405 | BOYAmt |
| EOY | $866,254 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $154,101,810 | BOYAmt |
| EOY | $150,827,613 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $420,712 | BOYAmt |
| EOY | $578,205 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,000 | BOYAmt |
| EOY | $29,000 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,097,690 | BOYAmt |
| EOY | $986,436 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,050,000 | BOYAmt |
| EOY | $18,800,000 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,400,000 | BOYAmt |
| EOY | $61,000,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $438,022 | BOYAmt |
| EOY | $11,309,587 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $97,477,424 | BOYAmt |
| EOY | $92,703,228 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,916,323 | BOYAmt |
| EOY | $42,706,118 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,708,063 | BOYAmt |
| EOY | $15,418,267 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,624,386 | BOYAmt |
| EOY | $58,124,385 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $154,101,810 | BOYAmt |
| EOY | $150,827,613 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,499,999 | ReconcilationRevenueExpnssAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | 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 (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | 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 (true) | GoverningDocumentListedInd |
| Support | $0 | SupportAmt |
| Other Support | $0 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (true) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | false | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | false | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | false | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | false | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | false | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | false | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | false | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | false | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | false | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | false | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | false | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | false | ContributionControllerInd |
| Contribution Family | false | ContributionFamilyInd |
| Contribution35 Controlled | false | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (true) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | false | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (true) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
| CY Minus3 Yr Endwmt Fund | CYMinus3YrEndwmtFundGrp | |
| CY Minus4 Yr Endwmt Fund | CYMinus4YrEndwmtFundGrp | |
| Land | LandGrp |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $176,024 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,777 | DepreciationAmt |
| Book Value | $166,247 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $41,507 | OtherCostOrOtherBasisAmt |
| Depreciation | $33,224 | DepreciationAmt |
| Book Value | $8,283 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $421,772 | OtherCostOrOtherBasisAmt |
| Depreciation | $345,870 | DepreciationAmt |
| Book Value | $75,902 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildingsGrp | |
| Total Book Value Land Buildings | $250,432 | TotalBookValueLandBuildingsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| PLEDGES HELD IN TRUST | $6,004 |
| UNFUNDED COMMITMENTS | $303,583 |
| EQUITY EQUIVALENT INVESTMENTS | $11,000,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $11,309,587 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $9,235,818 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | -$2,510,830 | OtherRevenueAmt |
| Revenue Not Reported | -$2,510,830 | RevenueNotReportedAmt |
| Revenue Subtotal | $11,746,648 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $11,746,648 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $7,735,819 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $7,735,819 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $2,510,830 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $2,510,830 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $10,246,649 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part IV, line 2b: | NMTC deposits. There were no balances at 9/30/2015 |
| Part X, Line 2: | Under accounting guidance, interest and penalties, if any, imposed by the U.S. Internal revenue Service (IRS) or other taxing jurisdictions are recorded to interest expense and other operating costs, respectively. There were no interest or penalties recorded for the years ended September 30, 2015 and 2014. The tax years subject to examination by major jurisdictions include the years 2009 and forward by the IRS and the District of Columbia. |
| Part XI, Line 2D: | Interest Expense netted on financial statements $ -$2,510,830. |
| Part XII, Line 4B: | Interest Expense netted on financial statements $ $2,510,830. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (12 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line1ForeignAddress/AddressLine1Txt | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ARIZONA HISPANIC CHAMBER OF COMMERCE FOUNDATION | |||||||||||
| 255 E OSBORN ROAD 201 | PHOENIX | AZ | 85012 | 860445372 | 501(c)(6) | $33,333 | COMMUNITY DEVELOPMENT | ||||
| CALL | |||||||||||
| 3424 WILSHIRE BLVD | LOS ANGELES | CA | 90010 | 261135065 | 501(c)(3) | $50,000 | COMMUNITY DEVELOPMENT | ||||
| Marisol Federal Credit Union | |||||||||||
| 721 N 3rd St | Phoenix | AZ | 85004 | 860125352 | 501(c)(1) | $68,300 | COMMUNITY DEVELOPMENT | ||||
| DOMINICAN WOMEN'S DEVELOPMENT CENTER | |||||||||||
| 519 WEST 189TH ST | NEW YORK | NY | 10040 | 133593885 | 501(c)(3) | $25,000 | community development | ||||
| EN FAMILIA INC | |||||||||||
| PO BOX 6159 | PHOENIX | AZ | 85005 | 460932624 | 501(c)(3) | $30,000 | community development | ||||
| St Catherine of Siena Catholic School | |||||||||||
| 6413 S CENTRAL AVE | PHOENIX | AZ | 85042 | 300514550 | 501(c)(3) | $10,000 | community development | ||||
| FAMILY LIFE WORKS INC | |||||||||||
| 3512 PAESANOS PARKWAY | SAN ANTONIO | TX | 78231 | 364607285 | 501(c)(3) | $15,980 | community development | ||||
| HOSANNA FOUNDATION | |||||||||||
| 205042625 | 501(c)(3) | $10,000 | community development | PO BOX 3333 | ONTARIO | CA | 91761 | ||||
| JEWISH FAMILY AND CHILDREN SERVICE | |||||||||||
| 4747 N 7TH ST 100 | PHOENIX | AZ | 85014 | 860096781 | 501(c)(3) | $10,000 | community development | ||||
| Sustainable Communities Collaborative | |||||||||||
| 10 WEST MAIN STREET | MESA | AZ | 85201 | 453074258 | $42,400 | community development | |||||
| SOUTHEAST PASTORAL INSTITUTE | |||||||||||
| 7700 SW 56 STREET | MIAMI | FL | 33155 | 591891177 | 501(c)(3) | $15,000 | community development | ||||
| UNIVERSITY OF MARY TEMPE | |||||||||||
| 215 E 7TH STREET | TEMPE | AZ | 85281 | 450273403 | 501(c)(3) | $13,500 | community development | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 9 | Total501c3OrgCnt |
| Total Other Org | 3 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, line 2 - Description of Procedure for Monitoring Use of Funds | FormAndLineReferenceDesc |
| Explanation | RDF has a grant contract with its grantees, which encompass the various projecY 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 |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | 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 | $423,105 | $0 | $0 | $0 | $2,420 | $0 | $15,969 | $0 | $18,147 | $0 | $459,641 | $0 | $0 |
| Tom Espinoza | ||||||||||||||
| President & CEO | $288,132 | $0 | $141,450 | $0 | $0 | $0 | $17,500 | $0 | $13,355 | $0 | $460,437 | $0 | $0 | $0 |
| Mark Van Brunt | ||||||||||||||
| COO | $212,192 | $0 | $17,690 | $0 | $0 | $0 | $15,949 | $0 | $19,293 | $0 | $265,124 | $0 | $0 | $0 |
| Rodrigo Vela | ||||||||||||||
| CFO | $168,417 | $0 | $24,322 | $0 | $0 | $0 | $13,644 | $0 | $19,293 | $0 | $225,676 | $0 | $0 | $0 |
| David Clower | ||||||||||||||
| CCO | $179,529 | $0 | $27,309 | $0 | $0 | $0 | $14,617 | $0 | $19,293 | $0 | $240,748 | $0 | $0 | $0 |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CALL See V | PersonNm |
| Relationship With Org | See V | RelationshipWithOrgTxt |
| Cash Grant | $50,000 | CashGrantAmt |
| Type Of Assistance | Grant | TypeOfAssistanceTxt |
| Assistance Purpose | Leadership development | AssistancePurposeTxt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCH L, PART III, GRANTS OF ASSISTANCE BENEFITING INTERESTED PERSONS: | FormAndLineReferenceDesc |
| Explanation | (A)NAME OF PERSON, CATHOLIC ASSOCIATION OF LATINO LEADERS, INC (CALL) (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION, A RDF BOARD MEMBER IS ALSO A BOARD MEMBER OF CALL (C) AMOUNT OF GRANT $50,000 (D) TYPE OF ASSISTANCE, GRANT (E) PURPOSE OF ASSISTANCE, LEADERSHIP DEVELOPMENT GRANT | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part I, Line 1, Description of Organization 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. |
| Form 990, Part VI, Section A, line 2: | Explanation: Joseph Reilly Director is a Chief Executive at CDT, where James Feild is Director and represents an investor. |
| 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, BDO USA, and is reviewed by the organization's Chief Financial Officer. A final draft of the Form 990 is provided to 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: | Prior to the completion of the 990, at a meeting of the Board of Directors, the Conflict of Interest Policy along with a questionnaire is presented for each of the Board Members, as well as Key Staff to review, document, or disclose. |
| 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 production, financial, fund raising and operation goals. Based on the overall performance the committee approves a salary modification and bonus. |
| 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. |
| Form 990, Part XII, Line 2c | There have been no changes during the year in the process. |
| FORM 990 PART IX LINE 11G | DESCRIPTION:CONSULTING FEES TOTAL FEES:1681178 |
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 | SEE VII | AZ | $0 | $3,244,643 | RDF |
| RDF Fund Manager LLC (RDFFM) | |||||||||
| 1 E WASHINGTON STREET STE 2250 | PHOENIX | AZ | 85004 | 453280259 | SEE VII | AZ | -$13 | $24,448 | RDF |
| 1200 North Park Street Partners LLC | |||||||||
| 1 E WASHINGTON STREET STE 2250 | PHOENIX | AZ | 85004 | 521954196 | SEE VII | MN | $76,929 | $222,632 | RCV |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL COUNCIL OF LA RAZA INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1126 16TH STREET NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 860212873 | EIN |
| Primary Activities | SEE VII | PrimaryActivitiesTxt |
| Legal Domicile State | AZ | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 7 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | false | ControlledOrganizationInd |
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 | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PARTNERSHIPS OF HOPE I | |||||||||||
| 1 E WASHINGTON ST | PHOENIX | AZ | 85004 | 272096685 | community DVL | AZ | RDF | RELATED | false | Yes (true) | 0.00010 |
| PARTNERSHIPS OF HOPE III | |||||||||||
| 1 E WASHINGTON ST | PHOENIX | AZ | 85004 | 272096840 | community DVL | AZ | RDF | RELATED | false | Yes (true) | 0.00010 |
| CHASE NMTC EXCEL INVESTMENT FUND | |||||||||||
| 1 E WASHINGTON ST | PHOENIX | AZ | 85004 | 452772405 | community DVL | AZ | RDFFM | RELATED | false | false | 0.00010 |
| PARTNERSHIPS OF HOPE II | |||||||||||
| 1 E WASHINGTON ST | PHOENIX | AZ | 85004 | 272096768 | community DVL | AZ | RDF | RELATED | false | Yes (true) | 0.00010 |
| CHASE NMTC FBRGV INVESTMENT FUND | |||||||||||
| 1 E WASHINGTON ST | PHOENIX | AZ | 85004 | 452772484 | community DVL | AZ | RDFFM | RELATED | false | false | 0.00010 |
| PARTNERSHIP OF HOPE V | |||||||||||
| 1 E WASHINGTON ST | PHOENIX | AZ | 85004 | 272096932 | COMMUNITY DEV | AZ | RDF | RELATED | false | Yes (true) | 0.00010 |
| PARTNERSHIPS OF HOPE IV | |||||||||||
| 1 E WASHINGTON ST | PHOENIX | AZ | 85004 | 272096897 | community DVL | AZ | RDF | RELATED | false | Yes (true) | 0.00010 |
| PARTNESRHIPS OF HOPE VI | |||||||||||
| 1 E WASHINGTON ST | PHOENIX | AZ | 85004 | 452500179 | COMMUNITY DEV | AZ | RDF | RELATED | false | Yes (true) | 0.00010 |
| PARTNERSHIPS OF HOPE VII | |||||||||||
| 1 E WASHINGTON ST | PHOENIX | AZ | 85004 | 452500213 | COMMUNITY DEV | AZ | RDF | RELATED | false | Yes (true) | 0.00010 |
| PARTNERSHIPS OF HOPE VIII | |||||||||||
| 1 E WASHINGTON ST | PHOENIX | AZ | 85004 | 452500256 | COMMUNITY DEV | AZ | RDF | RELATED | false | Yes (true) | 0.00010 |
| PARTNERSHIPS OF HOPE IX | |||||||||||
| 1 E WASHINGTON ST | PHOENIX | AZ | 85004 | 452500321 | COMMUNITY DEV | AZ | RDF | RELATED | false | Yes (true) | 0.00010 |
| PARTNERSHIPS OF HOPE X | |||||||||||
| 1 E WASHINGTON ST | PHOENIX | AZ | 85004 | 452500384 | COMMUNITY DEV | AZ | RDF | RELATED | false | Yes (true) | 0.00010 |
| PARTNERSHIPS OF HOPE XI | |||||||||||
| 1 E WASHINGTON ST | PHOENIX | AL | 85004 | 454982815 | COMMUNITY DEV | AZ | RDF | RELATED | false | Yes (true) | 0.00010 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (true) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| PARTNERSHIPS OF HOPE II | ||
| L | $57,500 | ACCRUAL |
| PARTNERSHIPS OF HOPE III | ||
| L | $83,000 | ACCRUAL |
| PARTNERSHIPS OF HOPE IV | ||
| L | $63,000 | ACCRUAL |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I - IDENTIFICATION OF DISREGARDED ENTITIES - primary activity | 1. RAZA COMMUNITY VENTURES, LLC column (b) Primary Activity: HOLDING ASSETS FOR COMMUNITY DEVELOPMENT 2. RDF Fund Manager LLC column (b) Primary Activity: MANAGE BUSINESS AND CARRY-OUT THE PURPOSE OF THE INVESTMENT FUND 3. 1200 North Park Street Partners LLC column (b) Primary Activity: OWN AND LEASE REAL PROPERTY FOR COMMUNITY DEVELOPMENT |
| PART II - IDENTIFICATION OF RELATED TAX-EXEMPT ORGANIZATIONS | 1. NATIONAL COUNCIL OF LA RAZA, INC. column (b) Primary Activity: WORKS TO IMPROVE OPPORTUNITIES FOR HISPANIC AMERICANS. |
| Part III - identification of related organizations taxable as partnerships | 1. Name: PARTNERSHIPS OF HOPE I EIN: 27-2096685 Address: 1 E WASHINGTON ST #2250, Phoenix, AZ 85004 Primary activity: community development Direct controlling entity: Raza Development Fund (RDF) 2. Name: PARTNERSHIPS OF HOPE III EIN: 27-2096840 Address: 1 E WASHINGTON ST #2250, Phoenix, AZ 85004 Primary activity: community development Direct controlling entity: Raza Development Fund (RDF) 3. Name: CHASE NMTC EXCEL INVESTMENT FUND EIN: 45-2772405 Address: 1 E WASHINGTON ST #2250, Phoenix, AZ 85004 Primary activity: community development Direct controlling entity: RDF Fund Manager LLC 4. Name: PARTNERSHIPS OF HOPE II EIN: 27-2096768 Address: 1 E WASHINGTON ST #2250, Phoenix, AZ 85004 Primary activity: community development Direct controlling entity: Raza Development Fund (RDF) 5. Name: CHASE NMTC FBRGV INVESTMENT FUND EIN: 45-2772484 Address: 1 E WASHINGTON ST #2250, Phoenix, AZ 85004 Primary activity: community development Direct controlling entity: RDF Fund Manager LLC 6. Name: PARTNERSHIPS OF HOPE V EIN: 27-2096932 Address: 1 E WASHINGTON ST #2250, Phoenix, AZ 85004 Primary activity: community development Direct controlling entity: Raza Development Fund (RDF) 7. Name: PARTNERSHIPS OF HOPE IV EIN: 27-2096897 Address: 1 E WASHINGTON ST #2250, Phoenix, AZ 85004 Primary activity: community development Direct controlling entity: Raza Development Fund (RDF) 8. Name: PARTNERSHIPS OF HOPE VI EIN: 45-2500179 Address: 1 E WASHINGTON ST #2250, Phoenix, AZ 85004 Primary activity: community development Direct controlling entity: Raza Development Fund (RDF) 9. Name: PARTNERSHIPS OF HOPE VII EIN: 45-2500213 Address: 1 E WASHINGTON ST #2250, Phoenix, AZ 85004 Primary activity: community development Direct controlling entity: Raza Development Fund (RDF) 10. Name: PARTNERSHIPS OF HOPE VIII EIN: 45-2500256 Address: 1 E WASHINGTON ST #2250, Phoenix, AZ 85004 Primary activity: community development Direct controlling entity: Raza Development Fund (RDF) 11. Name: PARTNERSHIPS OF HOPE IX EIN: 45-2500321 Address: 1 E WASHINGTON ST #2250, Phoenix, AZ 85004 Primary activity: community development Direct controlling entity: Raza Development Fund (RDF) 12. Name: PARTNERSHIPS OF HOPE X EIN: 45-2500384 Address: 1 E WASHINGTON ST #2250, Phoenix, AZ 85004 Primary activity: community development Direct controlling entity: Raza Development Fund (RDF) 13. Name: PARTNERSHIPS OF HOPE XI EIN: 45-4982815 Address: 1 E WASHINGTON ST #2250, Phoenix, AZ 85004 Primary activity: community development Direct controlling entity: Raza Development Fund (RDF) |
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