2015-08-25T17:28:26-05:00 2014-12-31 263839190 BURR PILGER MAYER INC 2001 NORTH MAIN STREET SUITE 360 WALNUT CREEK CA 94596 990 2014-01-01 770485877 PACIFIC COMMUNITY VENTURES INC PACI 4154424300 51 FEDERAL STREET NO 100 SAN FRANCISCO CA 94107 BETH SIRULL PRESIDENT & EXECUTIVE DIRECTOR 4154424300 2015-08-20 1 MICHAEL STEPHEN SCHAFFER P00210063 9252961040 2015-08-20 2014 2016-02-25 16:41:14Z BETH SIRULL 51 FEDERAL STREET NO 100 SAN FRANCISCO CA 94107 3052929 0 X WWW.PACIFICCOMMUNITYVENTURES.ORG X 1998 CA TO CREATE JOBS AND ECONOMIC OPPORTUNITY IN LOWER-INCOME COMMUNITIES. 11 10 26 10 0 0 2343638 2143894 774103 759856 120802 119917 -68242 -26748 3170301 2996919 0 0 0 0 1912586 1997365 0 0 119563 1220357 1118092 3132943 3115457 37358 -118538 6810734 6582907 2087419 1982591 4723315 4600316 PACIFIC COMMUNITY VENTURES' MISSION IS TO CREATE JOBS AND ECONOMIC OPPORTUNITY IN LOWER-INCOME COMMUNITIES THROUGH THE DIRECT SUPPORT OF SMALL BUSINESSES, AS WELL AS BY ADVOCATING FOR SYSTEMIC CHANGE TO INCREASE INVESTMENT IN THESE VULNERABLE COMMUNITIES. 0 0 973696 703164 PROVIDES STRUCTURED ANALYSIS AND EVALUATION TO DETERMINE THE NON-FINANCIAL IMPACTS OF THE DEPLOYMENT OF INVESTMENT CAPITAL IN LOW/MODERATE INCOME COMMUNITIES. 1283490 38692 PROVIDES SMALL, UNDERCAPITALIZED BUSINESSES IN LOW/MODERATE INCOME COMMUNITIES WITH KEY RESOURCES AND INSIGHTS. THIS BUSINESS ADVISORY SERVICE ALLOWS THESE BUSINESSES TO GROW AND WEATHER CHALLENGES, WHICH CONTRIBUTES TO EMPLOYMENT IN LOW/MODERATE INCOME COMMUNITIES, AND GREATER ECONOMIC VITALITY IN THOSE COMMUNITIES. 409511 18000 SMALL BUSINESS ADVISING INTEGRATED LENDING LOAN FUND (SAIL FUND) PROVIDES DEBT CAPITAL AND RESOURCES TO HIGH GROWTH BAY AREA BUSINESSES THAT CREATE JOBS AND OPPORTUNITIES IN LOWER INCOME COMMUNITIES. 2666697 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 36 0 1 26 1 0 0 0 0 0 1 1 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X CAROLYN CLARKE 4154424300 51 FEDERAL ST SUITE 100 SAN FRANCISCO CA 94107 RALPH CLARK BOARD CHAIR 0.40 X 0 0 0 DANE DOBRINICH BOARD MEMBER 0.40 X 0 0 0 WILLIAM PACE BOARD MEMBER 0.40 X 0 0 0 CHRIS ANDERSEN BOARD MEMBER 0.40 X 0 0 0 JUDITH GOLDKRAND BOARD MEMBER 0.40 X 0 0 0 PAUL LEVITAN BOARD MEMBER 0.40 X 0 0 0 LISA MAIBACH BOARD MEMBER 0.40 X 0 0 0 TERESA PAHL BOARD MEMBER 0.40 X 0 0 0 KELLY GRAZIADEI BOARD MEMBER/SECRETARY 0.40 X 0 0 0 KELLIE MCELHANEY BOARD MEMBER 0.10 X 0 0 0 BETH SIRULL EXECUTIVE DIRECTOR 40.00 X 240500 0 28485 CAROLYN CLARK CFO 40.00 X 149222 0 26289 ALLISON KELLY COO 40.00 X 155498 0 11883 545220 0 66657 3 0 1 0 DUKE UNIVERSITY PO BOX 602651 CHARLOTTE NC 282602651 RESEARCH & SUPPORT ON GRANT DELIVERABLES 119150 1 212186 800000 1131708 2143894 INSIGHT/IMPACT/OTHER 541610 741856 741856 SAIL 541610 18000 18000 759856 113312 113312 3600 0 3600 3600 3600 6605 0 6605 6605 6605 8750 212186 56010 -47260 -47260 OTHER INCOME 900099 16912 16912 16912 2996919 759856 0 93169 X 444496 366902 55369 22225 1110666 916781 138351 55534 17769 14667 2213 889 424434 350343 52870 21221 2200 1784 202 214 41232 33432 3784 4016 11115 11115 427378 418828 4242 4308 6833 673 6160 9770 7953 849 968 137662 134762 1403 1497 113369 110384 1444 1541 82628 69392 13236 25045 6123 18922 21747 21747 3030 3030 27430 22450 2410 2570 LOAN LOSSES EXPENSE 69868 69868 EVALUATIONS & PUBLICATI 66178 63194 1444 1540 EVENTS & WORKSHOPS 64465 8534 -79 56010 TELEPHONE 24320 21503 1363 1454 -16178 27377 10869 -54424 3115457 2666697 329197 119563 2571516 1539793 39704 255601 396634 1182203 217042 231999 63645 28872 16534 3030 0 13504 3183145 2486063 -55191 -36107 394239 880979 6810734 6582907 526589 497989 607150 576623 953680 907979 2087419 1982591 X 2809834 3040924 1913481 1559392 4723315 4600316 6810734 6582907 -118538 -4461 0 X 0 1 X 1 0 X 1943013 1893354 2562282 2343638 2143894 10886181 1943013 1893354 2562282 2343638 2143894 10886181 1956767 8929414 137963 136061 108158 124822 116912 623916 50155 56811 32846 16912 156724 11666821 3408568 0.76540 0.72180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 16534 3030 13504 13504 OTHER ASSETS 24911 SAIL 856068 880979 NOTE PAYABLE 907979 907979 PART IV, LINE 2B: THE ORGANIZATION MAINTAINS AN ESCROW ACCOUNT WITH THE HERON FOUNDATION. THE HERON FOUNDATION IS A NON-MANAGING MEMBER OF PACIFIC COMMUNITY VENTURES INVESTMENT PARTNERS III, LLC. THE ORGANIZATION IS AUTHORIZED BY THE TERMS OF THE ESCROW AGREEMENT TO FUND CAPITAL CALLS DUE FROM THE HERON FOUNDATION WITH THE ESCROW BALANCE. THE ORGANIZATION RECEIVES ANY INTEREST INCOME FROM THE ESCROW ACCOUNT IN THE FORM OF A CONTRIBUTION FROM THE HERON FOUNDATION. ANNUAL EVENT 220936 212186 8750 24751 31259 220936 212186 8750 24751 31259 56010 -47260 X X 0 0 0 0 0 0 0 0 0 BETH SIRULL EXECUTIVE DIRECTOR 194250 0 46250 0 0 0 4600 0 23885 0 268985 0 0 0 CAROLYN CLARK CFO 133022 0 16200 0 0 0 4600 0 21689 0 175511 0 0 0 ALLISON KELLY COO 138750 0 16748 0 0 0 1385 0 10498 0 167381 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS PREPARED BY AN OUTSIDE FIRM OF TAX PROFESSIONALS. THE DRAFT FORM IS THEN REVIEWED BY THE ORGANIZATION'S FINANCE DIRECTOR, CFO, AUDIT COMMITTEE CHAIR, AND THE EXECUTIVE DIRECTOR. AFTER DISCUSSION WITH THIS GROUP OF INDIVIDUALS, THE FINANCE DIRECTOR THEN DISCUSSES THE CONTENTS OF THE RETURN WITH THE OUTSIDE TAX PROFESSIONALS. AFTER A FULL REVIEW (WITH MODIFICATIONS WHERE NECESSARY), THE FINAL VERSION OF THE TAX RETURN IS AUTHORIZED BY THE CFO AND THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY ATTEST THAT THEY ARE IN CONFORMANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES IS REVIEWED AND APPROVED BY A DULY AUTHORIZED COMPENSATION COMMITTEE, WHICH IS A COMMITTEE OF THE BOARD OF DIRECTORS. THIS COMMITTEE UTILIZES A REVIEW OF OTHER ORGANIZATIONS' FORMS 990 FILINGS, ANNUAL PERFORMANCE EVALUATIONS FOR ALL AFFECTED STAFF, AND ACHIEVEMENT OF OVERALL ORGANIZATIONAL GOALS. FORM 990, PART VI, SECTION C, LINE 19 ARTICLES OF INCORPORATION, CORPORATE BYLAWS, INTERNAL POLICIES (SUCH AS CONFLICT OF INTEREST, WHISTLEBLOWER, ETC.), AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 2,136. MANAGEMENT AND GENERAL EXPENSES 242. FUNDRAISING EXPENSES 258. TOTAL EXPENSES 2,636. CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 416,692. MANAGEMENT AND GENERAL EXPENSES 4,000. FUNDRAISING EXPENSES 4,050. TOTAL EXPENSES 424,742. PACIFIC COMMUNITY VENTURES INVESTMENT PARTNERSHIP I LLC (PCVIP I) 51 FEDERAL STREET SUITE 100 SAN FRANCISCO CA 94107 330883415 INVESTMENTS CA INVESTMENT -187 3701 0 1 1.00000 PACIFIC COMMUNITY VENTURES INVESTMENT PARTNERSHIP II LLC (PCVIP II) 51 FEDERAL STREET SUITE 100 SAN FRANCISCO CA 94107 820547374 INVESTMENTS CA INVESTMENT -387 27288 0 1 1.00000 PACIFIC COMMUNITY MANAGEMENT INC (PCM) 51 FEDERAL STREET SUITE 100 SAN FRANCISCO CA 94107 205673477 INVESTMENTS MANAGEMENT CA PACIFIC COMMUNITY VENTURES INC C 7609 554088 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 PACIFIC COMMUNITY MANAGEMENT INC P 68607 DIRECT EXPENSE ALLOCATION PACIFIC COMMUNITY VENTURES INVESTMENT PARTNERSHIP II LLC P 8627 ESTABLISHED BY CONTRACT PACIFIC COMMUNITY VENTURES INVESTMENT PARTNERSHIP I LLC P 8627 ESTABLISHED BY CONTRACT