NONPROFIT FINANCE FUND: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- NONPROFIT FINANCE FUND (EIN 13-3238657)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-11-06
- IRS object ID
- 201523109349302312
- Schema version
- 2014v5.0
- 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 C
- Schedule D
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-11-06T16:12:05-06:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 271728945 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | O'CONNOR DAVIES LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 665 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133238657 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NONPROFIT FINANCE FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NONP | BusinessNameControlTxt |
| Phone | 2128686710 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 70 WEST 36TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANTONY BUGG-LEVINE | PersonNm |
| Person Title | PRESIDENT/CEO | PersonTitleTxt |
| Phone | 2128686710 | PhoneNum |
| Signature | 2015-11-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GARRETT M HIGGINS | PreparerPersonNm |
| PTIN | P00543209 | PTIN |
| Phone | 2122862600 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ANTONY BUGG-LEVINE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 70 WEST 36TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $20,390,255 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NONPROFITFINANCEFUND.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1984 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | SUPPORTS MISSION-DRIVEN ORGANIZATIONS WITH FINANCING, ADVICE AND KNOWLEDGE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 83 | TotalEmployeeCnt |
| Total Volunteers | 14 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $26,565,452 | PYContributionsGrantsAmt |
| CY Contributions Grants | $12,771,624 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $8,557,751 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $7,602,942 | CYProgramServiceRevenueAmt |
| PY Investment Income | $6,166 | PYInvestmentIncomeAmt |
| CY Investment Income | $8,444 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,477 | PYOtherRevenueAmt |
| CY Other Revenue | $7,245 | CYOtherRevenueAmt |
| PY Total Revenue | $35,130,846 | PYTotalRevenueAmt |
| CY Total Revenue | $20,390,255 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $19,983,383 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $23,409,983 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $7,702,688 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $7,310,028 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $722,767 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $6,559,230 | PYOtherExpensesAmt |
| CY Other Expenses | $4,508,058 | CYOtherExpensesAmt |
| PY Total Expenses | $34,245,301 | PYTotalExpensesAmt |
| CY Total Expenses | $35,228,069 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $885,545 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$14,837,814 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $100,357,372 | TotalAssetsBOYAmt |
| Total Assets EOY | $74,791,103 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $44,040,313 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $33,311,858 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $56,317,059 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $41,479,245 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | NONPROFIT FINANCE FUND (NFF) UNLOCKS THE POTENTIAL OF MISSION-DRIVEN ORGANIZATIONS THROUGH TAILORED INVESTMENTS, STRATEGIC ADVICE, AND ACCESSIBLE INSIGHTS. WE WORK TO CREATE A MORE JUST AND VIBRANT SOCIETY BY HELPING NONPROFITS OPTIMIZE THEIR RESOURCES, SUPPORTING THEM AS THEY PROVIDE VITAL GOODS AND SERVICES THAT IMPROVE PEOPLES' LIVES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $33,213,169 | ExpenseAmt |
| Grant | $23,409,983 | GrantAmt |
| Revenue | $7,602,942 | RevenueAmt |
| Desc | AS A NATIONAL COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI), NFF PROVIDES FINANCING AND ACCESS TO ADDITIONAL CAPITAL TO MISSION-DRIVEN ORGANIZATIONS THAT SERVE LOW-INCOME PEOPLE AND COMMUNITIES. IN 2014, NFF CLOSED 13 NEW LOANS TOTALING $19.1 MILLION AND CONTINUED TO FINANCE $53.3 MILLION IN LOANS TO EDUCATIONAL INSTITUTIONS, HEALTH CENTERS, HUMAN SERVICES NONPROFITS, AND OTHER ORGANIZATIONS THAT CREATE TRANSFORMATIONAL IMPACT. IN ADDITION, WE ARE A NATIONAL LEADER IN PROVIDING STRATEGIC ADVICE AND CUSTOMIZED TRAINING TO HUNDREDS OF NONPROFITS IN ALL SECTORS. IN THE PREVIOUS YEAR WE DEVELOPED ONE-ON-ONE RELATIONSHIPS WITH INDIVIDUAL NONPROFITS TO HELP THEM OPTIMIZE THE RESOURCES, STRENGTHENING THEIR ABILITY TO ADAPT TO EVER-CHANGING CONDITIONS AND PROVIDE MUCH-NEEDED SERVICES TO THEIR CLIENTS.WE DID THIS BY HELPING THEM TO ESTABLISH AN UNDERSTANDING OF THEIR FINANCIAL CONDITION AND BUSINESS MODELS, ANALYZE THEIR STRATEGIC OPTIONS, IDENTIFY AND DETERMINE HOW TO FILL CAPITALIZATION GAPS, AND CONDUCT LONG-TERM PLANNING. FINALLY, WE PERFORM RESEARCH AND PUBLISH WIDELY WITH THE GOAL OF IMPROVING KNOWLEDGE ABOUT SOCIAL SECTOR FINANCE. IN 2014, WE CONDUCTED A NATIONAL SURVEY OF THE STATE OF THE NONPROFIT SECTOR THAT INCLUDED 5,019 TOTAL RESPONDENTS (NFF.ORG/SURVEY). WE PUBLISHED REPORTS, ARTICLES, AND BLOGS ON THE EVOLVING STATE OF THE NONPROFIT SECTOR AND ALSO SHARED OUR INSIGHTS ABOUT NONPROFIT FINANCIAL HEALTH THROUGH DOZENS OF SPEAKING ENGAGEMENTS . WE ALSO ADVISED SERVICE PROVIDERS, GOVERNMENTS, AND OTHERS EXPLORING PAY FOR SUCCESS MODELS AND MAINTAINED A PAY FOR SUCCESS WEBSITE (PAYFORSUCCESS.ORG) TO EDUCATE AND SHARE INFORMATION ABOUT THIS EVOLVING FIELD FOR FINANCING PREVENTATIVE AND EARLY INTERVENTION SERVICES. | Desc |
| Total Program Service Expenses | $33,213,169 | 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 | Yes (1) | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | 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 | 0 | 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 | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 51 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 83 | 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 | 14 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | 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 | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CRAIG REIGEL CFO | PersonNm |
| Phone | 2128686710 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 70 WEST 36TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10018 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| ANTONY BUGG-LEVINE | |||||||||
| PRESIDENT/CEO | 50.00 | 2.00 | Yes (X) | Yes (X) | $332,162 | $0 | $38,329 | ||
| DAVID VOLLMAYER | |||||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| ANDREW B COHN | |||||||||
| SECRETARY | 2.00 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MARIA BLAIR | |||||||||
| BOARD CHAIR AS OF 3/12/14 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| ELISABETH C SULLIVAN | |||||||||
| BOARD CHAIR UNTIL 3/12/14 | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| AUDREY CHOI | |||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| TESSIE GUILLERMO | |||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| LISA HALL | |||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| KIMBERLY JOHNSON | |||||||||
| DIRECTOR | 2.00 | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT S ROBBIN ESQ | |||||||||
| DIRECTOR | 2.00 | 2.50 | Yes (X) | $0 | $0 | $0 | |||
| RUTH SALZMAN | |||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| JANET THOMPSON | |||||||||
| DIRECTOR | 2.00 | 2.50 | Yes (X) | $0 | $0 | $0 | |||
| JAMES BILDNER | |||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| STEPHEN DEBERRY | |||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| HENRY RAMOS | |||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||||
| CRAIG REIGEL | |||||||||
| CFO | 50.00 | 2.00 | Yes (X) | $234,182 | $0 | $30,515 | |||
| NORAH MCVEIGH | |||||||||
| MANAGING DIR FINANCIAL SRV | 50.00 | 2.50 | $230,079 | $0 | $49,422 | Yes (X) | |||
| KRISTIN GIANTRIS | |||||||||
| MANAGING DIRECTOR | 50.00 | $256,090 | $0 | $35,594 | Yes (X) | ||||
| JENNIFER TALANSKY | |||||||||
| MANAGING DIRECTOR | 50.00 | $200,711 | $0 | $46,998 | Yes (X) | ||||
| ANNE DYJAK | |||||||||
| VP & CHIEF INVESTMT OFFICER | 50.00 | $139,562 | $0 | $17,300 | Yes (X) | ||||
| JENNIFER KAWAR | |||||||||
| VP & CHIEF INVESTMT OFFICER | 40.00 | $121,494 | $0 | $37,942 | Yes (X) | ||||
| BRENDAN BEIR | |||||||||
| DIRECTOR, NMTC OPERATIONS | 40.00 | $133,397 | $0 | $18,948 | Yes (X) | ||||
| ANDREA BRISCOE | |||||||||
| VP HUMAN CAPITAL | 40.00 | $124,924 | $0 | $28,045 | Yes (X) | ||||
| WILLIAM H PINAKIEWICZ | |||||||||
| VP BUSINESS DEVELOPMENT | 40.00 | $134,330 | $0 | $34,796 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,906,931 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $337,889 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 15 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $5,775,389 | GovernmentGrantsAmt |
| All Other Contributions | $6,996,235 | AllOtherContributionsAmt |
| Total Contributions | $12,771,624 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| INTEREST ON LOANS | 900099 | $4,076,546 | $4,076,546 |
| PRGM & CONTRACT FEES | 900099 | $2,065,572 | $2,065,572 |
| LOAN AND FINAN. FEES | 900099 | $1,460,824 | $1,460,824 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $7,602,942 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,444 | TotalRevenueColumnAmt |
| Exclusion | $8,444 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $6,000 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $6,000 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,000 | TotalRevenueColumnAmt |
| Exclusion | $6,000 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $1,245 | TotalRevenueColumnAmt |
| Exclusion | $1,245 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,245 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,390,255 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $7,602,942 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $15,689 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,409,983 | TotalAmt |
| Program Services | $23,409,983 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,454,082 | TotalAmt |
| Program Services | $1,192,347 | ProgramServicesAmt |
| Management And General | $189,031 | ManagementAndGeneralAmt |
| Fundraising | $72,704 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,561,606 | TotalAmt |
| Program Services | $3,736,503 | ProgramServicesAmt |
| Management And General | $595,908 | ManagementAndGeneralAmt |
| Fundraising | $229,195 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $354,538 | TotalAmt |
| Program Services | $290,480 | ProgramServicesAmt |
| Management And General | $46,264 | ManagementAndGeneralAmt |
| Fundraising | $17,794 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $516,438 | TotalAmt |
| Program Services | $422,990 | ProgramServicesAmt |
| Management And General | $67,490 | ManagementAndGeneralAmt |
| Fundraising | $25,958 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $423,364 | TotalAmt |
| Program Services | $346,851 | ProgramServicesAmt |
| Management And General | $55,259 | ManagementAndGeneralAmt |
| Fundraising | $21,254 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $508,212 | TotalAmt |
| Program Services | $219,836 | ProgramServicesAmt |
| Management And General | $83,633 | ManagementAndGeneralAmt |
| Fundraising | $204,743 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $108,842 | TotalAmt |
| Program Services | $103,164 | ProgramServicesAmt |
| Management And General | $4,081 | ManagementAndGeneralAmt |
| Fundraising | $1,597 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $110,766 | TotalAmt |
| Program Services | $98,970 | ProgramServicesAmt |
| Management And General | $8,166 | ManagementAndGeneralAmt |
| Fundraising | $3,630 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $529,532 | TotalAmt |
| Program Services | $469,943 | ProgramServicesAmt |
| Management And General | $35,385 | ManagementAndGeneralAmt |
| Fundraising | $24,204 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,218 | TotalAmt |
| Program Services | $3,690 | ProgramServicesAmt |
| Management And General | $445 | ManagementAndGeneralAmt |
| Fundraising | $83 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $224,318 | TotalAmt |
| Program Services | $184,705 | ProgramServicesAmt |
| Management And General | $27,084 | ManagementAndGeneralAmt |
| Fundraising | $12,529 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $168,951 | TotalAmt |
| Program Services | $142,866 | ProgramServicesAmt |
| Management And General | $17,485 | ManagementAndGeneralAmt |
| Fundraising | $8,600 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $763,000 | TotalAmt |
| Program Services | $629,542 | ProgramServicesAmt |
| Management And General | $94,637 | ManagementAndGeneralAmt |
| Fundraising | $38,821 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $423,445 | TotalAmt |
| Program Services | $343,427 | ProgramServicesAmt |
| Management And General | $33,723 | ManagementAndGeneralAmt |
| Fundraising | $46,295 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,051 | TotalAmt |
| Program Services | $71,209 | ProgramServicesAmt |
| Management And General | $75 | ManagementAndGeneralAmt |
| Fundraising | $767 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $858,522 | TotalAmt |
| Program Services | $858,522 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,388 | TotalAmt |
| Program Services | $25,638 | ProgramServicesAmt |
| Management And General | $3,977 | ManagementAndGeneralAmt |
| Fundraising | $1,773 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,836 | TotalAmt |
| Program Services | $45,698 | ProgramServicesAmt |
| Management And General | $6,260 | ManagementAndGeneralAmt |
| Fundraising | $2,878 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PROVISION FOR LOAN LOSS | $325,394 | $325,394 | ||
| STAFF RECRUITING/TRAINI | $167,298 | $149,205 | $13,384 | $4,709 |
| BAD DEBT EXPENSE | $90,019 | $90,019 | ||
| DUES & MEMBERSHIPS | $32,925 | $29,229 | $1,562 | $2,134 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,341 | TotalAmt |
| Program Services | $22,958 | ProgramServicesAmt |
| Management And General | $8,284 | ManagementAndGeneralAmt |
| Fundraising | $3,099 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,228,069 | TotalAmt |
| Program Services | $33,213,169 | ProgramServicesAmt |
| Management And General | $1,292,133 | ManagementAndGeneralAmt |
| Fundraising | $722,767 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | Yes (X) | InfoInScheduleOPartXInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,528,240 | BOYAmt |
| EOY | $6,174,585 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,708,673 | BOYAmt |
| EOY | $6,863,954 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,839,557 | BOYAmt |
| EOY | $7,110,658 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,339,034 | BOYAmt |
| EOY | $3,693,140 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $144,545 | BOYAmt |
| EOY | $58,552 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,653,965 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,604,325 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,249 | BOYAmt |
| EOY | $49,640 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $261,357 | BOYAmt |
| EOY | $261,357 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,347,848 | BOYAmt |
| EOY | $50,133,388 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $142,869 | BOYAmt |
| EOY | $445,829 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,357,372 | BOYAmt |
| EOY | $74,791,103 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $737,412 | BOYAmt |
| EOY | $814,810 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,568 | BOYAmt |
| EOY | $53,568 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,969 | BOYAmt |
| EOY | $56,950 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,246 | BOYAmt |
| EOY | $79,387 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,639,245 | BOYAmt |
| EOY | $32,307,143 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $489,873 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,040,313 | BOYAmt |
| EOY | $33,311,858 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,779,580 | BOYAmt |
| EOY | $9,103,484 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,537,479 | BOYAmt |
| EOY | $32,375,761 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,317,059 | BOYAmt |
| EOY | $41,479,245 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,357,372 | BOYAmt |
| EOY | $74,791,103 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$14,837,814 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $18,135,734 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $32,207,197 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $26,711,927 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $26,565,452 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,771,624 | CurrentTaxYearAmt |
| Total | $116,391,934 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $18,135,734 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $32,207,197 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $26,711,927 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $26,565,452 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,771,624 | CurrentTaxYearAmt |
| Total | $116,391,934 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $53,556,062 | SubstantialContributorsTotAmt |
| Public Support Total170 | $62,835,872 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $21,190 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,232 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,584 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,166 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $14,444 | CurrentTaxYearAmt |
| Total | $65,616 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $709 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $13,942 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,196 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,477 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,245 | CurrentTaxYearAmt |
| Total | $19,569 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $116,477,119 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $39,374,274 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.53950 | PublicSupportCY170Pct |
| Public Support PY170 | 0.56490 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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 C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $34,505,302 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $34,505,302 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $14,309 | CurrentYearMinus3Amt |
| Current Year Minus2 | $23,771 | CurrentYearMinus2Amt |
| Current Year Minus1 | $0 | CurrentYearMinus1Amt |
| Current Year | $0 | CurrentYearAmt |
| Total | $38,080 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $373,736 | OtherCostOrOtherBasisAmt |
| Depreciation | $372,104 | DepreciationAmt |
| Book Value | $1,632 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $858,171 | OtherCostOrOtherBasisAmt |
| Depreciation | $810,485 | DepreciationAmt |
| Book Value | $47,686 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $422,058 | OtherCostOrOtherBasisAmt |
| Depreciation | $421,736 | DepreciationAmt |
| Book Value | $322 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $49,640 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LOANS RECEIVABLE | Desc |
| Book Value | $50,133,388 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $50,133,388 | TotalBookValueProgramRltdAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $19,665,768 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $137,392 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $2,643 | OtherRevenueAmt |
| Revenue Not Reported | $140,035 | RevenueNotReportedAmt |
| Revenue Subtotal | $19,525,733 | RevenueSubtotalAmt |
| Other Revenues Not Included | $864,522 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $864,522 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $20,390,255 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $34,712,740 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $137,392 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $211,801 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $349,193 | ExpensesNotReportedAmt |
| Expenses Subtotal | $34,363,547 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $864,522 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $864,522 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $35,228,069 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | NONPROFIT FINANCE FUND HELD A CUSTODIAL BANK ACCOUNT FOR A NEW MARKET TAX CREDIT OF WHICH NONPROFIT FINANCE FUND IS A MINIMAL PARTNER OF .01% AND THE FUNDS ARE USED AS OBLIGATION PAYMENTS AS AUTHORIZED BY THE PARTNERSHIP. |
| PART X, LINE 2: | THE FUND'S ACCOUNTING POLICY IS TO DISCLOSE LIABILITIES FOR UNCERTAIN TAX POSITIONS WHEN A LIABILITY IS PROBABLE AND ESTIMABLE. MANAGEMENT IS NOT AWARE OF ANY VIOLATION OF ITS TAX STATUS AS AN ORGANIZATION EXEMPT FROM INCOME TAXES, NOR OF ANY EXPOSURE TO UNRELATED BUSINESS INCOME TAX. THE FUND IS NO LONGER SUBJECT TO AUDITS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2011. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RELATED PARTY REVENUE: 2,643. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | INTEREST EXPENSE NETTED AGAINST INTEREST INCOME 858,522. RENT EXPENSE NETTED AGAINST RENTAL INCOME 6,000. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RELATED PARTY EXPENSES: 211,801. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INTEREST EXPENSE NETTED AGAINST INTEREST INCOME 858,522. RENT EXPENSE NETTED AGAINST RENTAL INCOME 6,000. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (30 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| ABODE SERVICES | |||||||
| 40849 FREMONT BLVD | FREMONT | CA | 94538 | 943087060 | 501 (C) (3) | $50,000 | CALIFORNIA PAY FOR SUCCESS INITIATIVE |
| AFRICAN SERVICES COMMITTEE | |||||||
| 429 WEST 127TH STREET 2ND FLOOR | NEW YORK | NY | 10027 | 133749744 | 501 (C) (3) | $75,000 | COMMUNITY RESILIENCE FUND PROJECT |
| ARTPLACE AMERICA LLC | |||||||
| 6 WEST 48TH STREET | NEW YORK | NY | 10036 | 464698925 | $21,377,339 | ARTPLACE PROJECT | |
| BOSTON CHILDREN'S MUSEUM | |||||||
| 308 CONGRESS STREET | BOSTON | MA | 02210 | 042103993 | 501 (C) (3) | $75,000 | BUILDING RESERVES INITIATIVE |
| CENTER FOR EMPLOYMENT OPPORTUNITIES | |||||||
| 50 BROADWAY 18TH FL | NEW YORK | NY | 10004 | 133843322 | 501 (C) (3) | $55,867 | CALIFORNIA PAY FOR SUCCESS INITIATIVE |
| CHAPIN HALL CENTER FOR CHILDREN | |||||||
| 1313 EAST 60TH STREET | CHICAGO | IL | 60637 | 362167012 | 501 (C) (3) | $5,000 | CALIFORNIA PAY FOR SUCCESS INITIATIVE |
| CHILDREN MUSEUM OF HOUSTON | |||||||
| 1500 BINZ | HOUSTON | TX | 77004 | 742178563 | 501 (C) (3) | $53,600 | BUILDING RESERVES INITIATIVE |
| CITY AND COUNTY OF SAN FRANCISCO | |||||||
| ONE DR CALTON B GOODLETT PLACE 288 | SAN FRANCISCO | CA | 94102 | 946000417 | CITY OF SAN FRANCISC | $187,410 | CALIFORNIA PAY FOR SUCCESS INITIATIVE |
| GRAND STREET SETTLEMENT INC | |||||||
| 80 PITT STREET | NEW YORK | NY | 10002 | 135562230 | 501 (C) (3) | $100,000 | COMMUNITY RESILIENCE FUND PROJECT |
| KAUFMAN CENTER | |||||||
| 129 WEST 67TH STREET | NEW YORK | NY | 10023 | 131991118 | 501 (C) (3) | $28,600 | BUILDING RESERVES INITIATIVE |
| KOHL CHILDREN'S MUSEUM | |||||||
| 2100 PATRIOT BLVD | GLENVIEW | IL | 60026 | 363706878 | 501 (C) (3) | $63,048 | BUILDING RESERVES INITIATIVE |
| LEAKE & WATTS SERVICES INC | |||||||
| 463 HAWTHORNE AVENUE | YORKERS | NY | 10705 | 131860451 | 501 (C) (3) | $100,000 | COMMUNITY RESILIENCE FUND PROJECT |
| MACPHAIL CENTER OF MUSIC | |||||||
| 501 SOUTH 2ND STREET | MINNEAPOLIS | MN | 55401 | 411729340 | 501 (C) (3) | $55,250 | BUILDING RESERVES INITIATIVE |
| MADISON CHILDREN'S MUSEUM | |||||||
| 100 N HAMILTON STREET | MADISON | WI | 53703 | 391383497 | 501 (C) (3) | $26,753 | BUILDING RESERVES INITIATIVE |
| MERIT SCHOOL OF MUSIC | |||||||
| 38 SOUTH PEORIA STREET | CHICAGO | IL | 60607 | 363028768 | 501 (C) (3) | $36,000 | BUILDING RESERVES INITIATIVE |
| MUSIC CONSERVATORY OF WESTCHESTER | |||||||
| 216 CENTRAL AVENUE | WHITE PLAINS | NY | 10606 | 136007082 | 501 (C) (3) | $40,950 | BUILDING RESERVES INITIATIVE |
| MUSIC INSTITUTE OF CHICAGO | |||||||
| 507 GREEN BAY ROAD | WILMETTE | IL | 60091 | 362374224 | 501 (C) (3) | $19,000 | BUILDING RESERVES INITIATIVE |
| NEIGHBORHOOD MUSIC SCHOOL | |||||||
| 100 AUDUBON STREET | NEW HAVEN | CT | 06510 | 060662152 | 501 (C) (3) | $19,200 | BUILDING RESERVES INITIATIVE |
| NEW YORK CITY GAY AND LESBIAN ANTI-VIOLENCE PROJECT | |||||||
| 240 WEST 35TH STREET SUITE 200 | NEW YORK | NY | 10001 | 133149200 | 501 (C) (3) | $75,000 | COMMUNITY RESILIENCE FUND PROJECT |
| NURSE-FAMILY PARTNERSHIP | |||||||
| 1900 GRANT STREET SUITE 400 | DENVER | CO | 80203 | 200234163 | 501 (C) (3) | $70,350 | CALIFORNIA PAY FOR SUCCESS INITIATIVE |
| PALLADIA INC | |||||||
| 2006 MADISON AVENUE | NEW YORK | NY | 10035 | 113099604 | 501 (C) (3) | $200,000 | COMMUNITY RESILIENCE FUND PROJECT |
| PROVIDENCE CHILDREN'S MUSEUM | |||||||
| 100 SOUTH STREET | PROVIDENCE | RI | 02903 | 050370944 | 501 (C) (3) | $11,050 | BUILDING RESERVES INITIATIVE |
| RAINEY | |||||||
| 1705 EAST 55TH | CLEVELAND | OH | 44103 | 346555952 | 501 (C) (3) | $23,575 | BUILDING RESERVES INITIATIVE |
| REDF | |||||||
| 221 MAIN STREET SUITE 1550 | SAN FRANCISCO | CA | 94105 | 542132153 | 501 (C) (3) | $46,394 | CALIFORNIA PAY FOR SUCCESS INITIATIVE |
| SOCIAL FINANCE INC | |||||||
| 77 SUMMER STREET 2ND FLOOR | BOSTON | MA | 02110 | 274620963 | 501 (C) (3) | $132,657 | CALIFORNIA PAY FOR SUCCESS INITIATIVE |
| THE CHILDREN'S MUSEUM OF NEW HAMPSHIRE | |||||||
| 6 WASHINGTON STREET | DOVER | NH | 03820 | 020363746 | 501 (C) (3) | $9,940 | BUILDING RESERVES INITIATIVE |
| THE MAGIC HOUSE | |||||||
| 516 S KIRKWOOD ROAD | SAINT LOUIS | MO | 63122 | 510138441 | 501 (C) (3) | $32,000 | BUILDING RESERVES INITIATIVE |
| THIRD SECTOR CAPITAL PARTNERS | |||||||
| 200 CLAREDON STREET 29TH FLOOR | BOSTON | MA | 02116 | 461301032 | 501 (C) (3) | $366,000 | CALIFORNIA PAY FOR SUCCESS INITIATIVE |
| WOMEN'S HOUSING AND ECONOMIC DEVELOPMENT CORPORATION | |||||||
| 50 EAST 168TH STREET | BRONX | NY | 10452 | 113099604 | 501 (C) (3) | $50,000 | COMMUNITY RESILIENCE FUND PROJECT |
| YOUNG PEOPLE'S PROJECT | |||||||
| 99 BISHOP ALLEN DRIVE | CAMBRIDGE | MA | 02139 | 640939004 | 501 (C) (3) | $25,000 | PROVIDE CAPACITY BUILDING SUPPORT TO DSNI, YPP AND BPE. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 29 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | NONPROFIT FINANCE FUND (NFF) MAKES GRANTS TO OTHER NONPROFIT ORGANIZATIONS AS PART OF A VARIETY OF FUNDER-SPECIFIC INITIATIVES AND IN A MANNER THAT ALIGNS WITH NFF'S MISSION. GRANTS ARE REVIEWED AND APPROVED BASED UPON THE CRITERIA ESTABLISHED BY THE FUNDER AND THE GRANTEES' CAPACITY TO SERVE THEIR COMMUNITIES AND TO FURTHER THEIR CHARITABLE MISSION. GRANTS ARE ONLY DISBURSED AFTER RECEIVING WRITTEN AND SIGNED ACKNOWLEDGEMENT BY THE GRANTEE OF THE RESTRICTIONS ON THE GRANT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | 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 | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ANTONY BUGG-LEVINE | ||||||||||||||
| PRESIDENT/CEO | $287,162 | $0 | $45,000 | $0 | $0 | $0 | $15,767 | $0 | $22,562 | $0 | $370,491 | $0 | $0 | $0 |
| CRAIG REIGEL | ||||||||||||||
| CFO | $213,182 | $0 | $21,000 | $0 | $0 | $0 | $13,886 | $0 | $16,629 | $0 | $264,697 | $0 | $0 | $0 |
| NORAH MCVEIGH | ||||||||||||||
| MANAGING DIR FINANCIAL SRV | $210,079 | $0 | $20,000 | $0 | $0 | $0 | $14,506 | $0 | $34,916 | $0 | $279,501 | $0 | $0 | $0 |
| KRISTIN GIANTRIS | ||||||||||||||
| MANAGING DIRECTOR | $231,090 | $0 | $25,000 | $0 | $0 | $0 | $15,412 | $0 | $20,182 | $0 | $291,684 | $0 | $0 | $0 |
| JENNIFER TALANSKY | ||||||||||||||
| MANAGING DIRECTOR | $182,711 | $0 | $18,000 | $0 | $0 | $0 | $11,455 | $0 | $35,543 | $0 | $247,709 | $0 | $0 | $0 |
| ANNE DYJAK | ||||||||||||||
| VP & CHIEF INVESTMT OFFICER | $126,562 | $0 | $13,000 | $0 | $0 | $0 | $7,695 | $0 | $9,605 | $0 | $156,862 | $0 | $0 | $0 |
| JENNIFER KAWAR | ||||||||||||||
| VP & CHIEF INVESTMT OFFICER | $111,994 | $0 | $9,500 | $0 | $0 | $0 | $7,079 | $0 | $30,863 | $0 | $159,436 | $0 | $0 | $0 |
| BRENDAN BEIR | ||||||||||||||
| DIRECTOR, NMTC OPERATIONS | $133,397 | $0 | $0 | $0 | $0 | $0 | $8,063 | $0 | $10,885 | $0 | $152,345 | $0 | $0 | $0 |
| ANDREA BRISCOE | ||||||||||||||
| VP HUMAN CAPITAL | $124,924 | $0 | $0 | $0 | $0 | $0 | $7,820 | $0 | $20,225 | $0 | $152,969 | $0 | $0 | $0 |
| WILLIAM H PINAKIEWICZ | ||||||||||||||
| VP BUSINESS DEVELOPMENT | $134,330 | $0 | $0 | $0 | $0 | $0 | $8,300 | $0 | $26,496 | $0 | $169,126 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | BONUS FOR CEO WAS DETERMINED BY NFF BOARD OF DIRECTORS AT THE SOLE DISCRETION OF THE BOARD. FOR THE SENIOR MANAGEMENT TEAM, BONUSES WERE DETERMINED BY THE ASSESSMENT AND RECOMMENDATION OF THE CEO AND APPROVED BY COMPENSATION COMMITTEE. FOR OTHER STAFF, THE BONUSES WERE DETERMINED BY THEIR SUPERVISORS AND APPROVED BY THE CEO WITHIN THE PARAMETERS OF THE BOARD APPROVED BUDGET. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | DRAFT OF THE FORM 990 PREPARED BY EXTERNAL PROFESSIONAL ACCOUNTING FIRM AND REVIEWED BY INTERNAL MANAGEMENT/CFO. UPON COMPLETION OF A DRAFT VERSION OF THE FORM 990, THE DRAFT IS SENT VIA ELECTRONIC MAIL TO MEMBERS OF THE AUDIT COMMITTEE OF NONPROFIT FINANCE FUND FOR THEIR PRELIMINARY REVIEW. THESE MATERIALS ARE SENT IN ADVANCE OF A MEETING. DURING THE MEETING, A REVIEW OF THE FORM IS CONDUCTED. AT THE MEETING, THE COMMITTEE EITHER APPROVES THE 990 OR RECOMMENDS CHANGES, WHICH ARE SUBSEQUENTLY MADE AND REDISTRIBUTED TO COMMITTEE MEMBERS VIA ELECTRONIC MAIL FOR THEIR APPROVAL. THE MEMBERS MAY ALSO ELECT TO HOLD A SECOND MEETING TO REVIEW ANY CHANGES. ONCE THE DRAFT IS APPROVED, THE 990 IS PROVIDED ELECTRONICALLY TO THE FULL BOARD OF DIRECTORS, PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | NONPROFIT FINANCE FUND'S CONFLICT OF INTEREST AND DISCLOSURE POLICY WAS REVISED IN 2012. THE POLICY IS APPLICABLE TO ALL DIRECTORS, OFFICERS, COMMITTEE MEMBERS AND KEY EMPLOYEES. AT THE BEGINNING OF EACH YEAR, ALL SUCH PERSONS ARE ASKED TO SIGN A STATEMENT AFFIRMING THAT THE INDIVIDUAL HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST AND DISCLOSURE POLICY, HAS READ AND UNDERSTANDS THE POLICY AND AGREES TO COMPLY WITH THE POLICY. THE POLICY REQUIRES THAT ALL POTENTIAL CONFLICTS BE REPORTED TO THE BOARD OF DIRECTORS OR RELEVANT COMMITTEE TO DETERMINE IF A CONFLICT EXISTS AND IF SO, THAT IT BE ADDRESSED IN AN APPROPRIATE MANNER CONSISTENT WITH THE POLICY.THE POLICIES ALSO PROVIDE THAT INTERESTED PERSONS MAY NOT PARTICIPATE WHEN A POTENTIAL CONFLICT IS DETERMINED NOR BE PRESENT FOR THE APPROVAL OF ANY TRANSACTION OR BUSINESS INVOLVING THE INTERESTED PARTY. |
| FORM 990, PART VI, SECTION B, LINE 15 | NONPROFIT FINANCE FUND FORMALIZED A STANDING BOARD LEVEL COMPENSATION COMMITTEE IN 2012. THE COMMITTEE IS COMPRISED SOLELY OF INDEPENDENT VOTING MEMBERS OF THE BOARD OF DIRECTORS. THIS COMMITTEE IS RESPONSIBLE FOR DETERMINING THE SALARY OF NONPROFIT FINANCE FUND'S CEO. IN ITS REVIEW AND APPROVAL PROCESS, THE COMPENSATION COMMITTEE DETERMINES REASONABLE COMPENSATION USING KEY INFORMATION INCLUDING COMPENSATION LEVELS PAID BY SIMILARLY SITUATED ORGANIZATIONS, THE AVAILABILITY OF SIMILAR SERVICES IN THE ORGANIZATION'S GEOGRAPHIC AREA, CURRENT COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS, AND ACTUAL WRITTEN OFFERS FROM SIMILAR INSTITUTIONS COMPETING FOR THE SERVICES OF THE OFFICER OR KEY EMPLOYEE. THE COMMITTEE MAY ALSO USE EXTERNAL COMPENSATION SURVEYS AND STUDIES IF NEEDED. THIS INFORMATION IS ANALYZED AND DISCUSSED DURING AN ANNUAL MEETING OF THE COMPENSATION COMMITTEE. THE CHAIR OF THE COMPENSATION COMMITTEE PROVIDES RECOMMENDATIONS OF THE COMPENSATION COMMITTEE TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE COMPENSATION AS RECOMMENDED BY THE COMPENSATION COMMITTEE. THE REVIEW AND APPROVAL OF COMPENSATION IS RECORDED IN THE MINUTES OF THE BOARD OF DIRECTORS, INCLUDING THE TERMS OF THE COMPENSATION AND DATE APPROVED, THE NAMES OF THE MEMBERS PRESENT FOR THE DISCUSSION AND APPROVAL, THE COMPARABILITY DATA OBTAINED AND RELIED UPON, ANY ACTION TAKEN REGARDING THE COMPENSATION BY A BOARD MEMBER WHO HAD A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION, AND THE BASIS FOR THE DECISION IF REASONABLE COMPENSATION IS HIGHER OF LOWER THAT THE RANGE OF COMPARABILITY DATA USED. THE LAST TIME THIS PROCESS WAS IMPLEMENTED WAS IN 2012 TO ESTABLISH COMPENSATION FOR THE NEW CEO. COMPENSATION FOR OTHER OFFICERS AND SENIOR MANAGEMENT ARE DETERMINED BY A RECOMMENDATION OF THE CEO, SUBJECT TO THE APPROVAL OF THE COMPENSATION COMMITTEE. THE REVIEW AND APPROVAL OF THESE DECISIONS BY THE COMMITTEE ARE RECORDED, ALONG WITH THE NAMES OF THOSE COMMITTEE MEMBERS PRESENT. |
| FORM 990, PART VI, SECTION C, LINE 19 | FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE SERVICE CODE. IN ADDITION, FORMS 990 AND 1023, AS WELL AS THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE AVAILABLE UPON WRITTEN REQUEST DIRECTED TO THE NONPROFIT FINANCE FUND, 70 WEST 36TH STREET, NEW YORK, NY 10018, OR BY CALLING THE ORGANIZATION AT 212-868-6710. |
| FORM 990, PART X, LINE 28: CHANGE IN TEMPORARILY RESTRICTED NET ASSETS: | AT DECEMBER 31, 2013, GRANT FUND TEMPORARILY RESTRICTED NET ASSETS INCLUDED $21,441,584 TO SUPPORT ARTPLACE, A NATIONWIDE INITIATIVE TO PROMOTE CREATIVE PLACEMAKING. IN 2014 FUNDS ASSOCIATED WITH THIS PROGRAM WERE GRANTED TO AN UNRELATED ENTITY THAT WILL CONTINUE GRANTMAKING TO THE TARGET ORGANIZATIONS. GRANT FUND TEMPORARILY RESTRICTED NET ASSETS DECREASED BY $21,377,339 AS A RESULT OF THE TRANSFER OF CASH AND RECEIVABLES IN THIS TRANSACTION. |
| FORM 990, PART XII, LINE 2C: | NONPROFIT FINANCE FUND HAS AN AUDIT COMMITTEE, COMPOSED OF INDEPENDENT BOARD MEMBERS, THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR. |
Schedule R IRS990ScheduleR
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 | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| NEW ENGLAND CULTURAL FACILITIES FUND | ||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 100188007 | 043278959 | PROVIDE TECHNICAL ASSISTANCE & LOANS TO NONPROFIT CULTURAL ORGANIZATIONS | MA | 501(C)(3) | 11(A) | NONPROFIT FINANCE FUND | Yes (1) |
| BUILDING FOR THE FUTURE INC | ||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 100188007 | 134078657 | ASSIST OTHER NONPROFITS MANAGE LONG TERM ASSETS | DE | 501(C)(3) | 11(A) | NONPROFIT FINANCE FUND | Yes (1) |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (28 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NFF NEW MARKETS FUND I LLC | |||||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 10018 | 205899397 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $28 | $7 | 0 | Yes (1) | 0.00010 |
| NFF NEW MARKETS FUND II LLC | |||||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 10018 | 205899444 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | 0 | Yes (1) | 0.00010 | ||
| NFF NEW MARKETS FUND III LLC | |||||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 10018 | 261409447 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $2 | $1,149 | 0 | Yes (1) | 0.00010 |
| NFF NEW MARKETS FUND IV LLC | |||||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 10018 | 263757583 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $4 | $744 | 0 | Yes (1) | 0.00010 |
| NFF NEW MARKETS FUND V LLC | |||||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 10018 | 263757655 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $1 | $985 | 0 | Yes (1) | 0.00010 |
| NFF NEW MARKETS FUND VI LLC | |||||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 10018 | 263757776 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $1 | $986 | 0 | Yes (1) | 0.00010 |
| NFF NEW MARKETS FUND VII LLC | |||||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 10018 | 263757955 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $54 | $1,382 | 0 | Yes (1) | 0.00010 |
| NFF NEW MARKETS FUND VIII LLC | |||||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 10018 | 263758074 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $1 | $1,095 | 0 | Yes (1) | 0.00010 |
| NFF NEW MARKETS FUND IX LLC | |||||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 10018 | 263758286 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $34 | $1,189 | 0 | Yes (1) | 0.00010 |
| NFF NEW MARKETS FUND X LLC | |||||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 10018 | 263758444 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $11 | $989 | 0 | Yes (1) | 0.00010 |
| NFF NEW MARKETS FUND XI LLC | |||||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 10018 | 263758447 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $46 | $1,561 | 0 | Yes (1) | 0.00010 |
| NFF NEW MARKETS FUND XII LLC | |||||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 10018 | 273226575 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $6 | $830 | 0 | Yes (1) | 0.00010 |
| NFF NEW MARKETS FUND XIII LLC | |||||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 10018 | 273226658 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $5 | $795 | 0 | Yes (1) | 0.00010 |
| NFF NEW MARKETS FUND XIV LLC | |||||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 10018 | 273226785 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $2 | $495 | 0 | Yes (1) | 0.00010 |
| NFF NEW MARKETS FUND XV LLC | |||||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 10018 | 273227041 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $4 | $796 | 0 | Yes (1) | 0.00010 |
| NFF NEW MARKETS FUND XVI LLC | |||||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 10018 | 273227226 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $987 | 0 | Yes (1) | 0.00010 | |
| NFF NEW MARKETS FUND XVII LLC | |||||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 10018 | 273227327 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $41 | $1,091 | 0 | Yes (1) | 0.00010 |
| NFF NEW MARKETS FUND XVIII LLC | |||||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 10018 | 273227397 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $1 | $398 | 0 | Yes (1) | 0.00010 |
| NFF NEW MARKETS FUND XIX LLC | |||||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 10018 | 273227511 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $4 | $893 | 0 | Yes (1) | 0.00010 |
| NFF NEW MARKETS FUND XX LLC | |||||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 10018 | 273227559 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $1 | $597 | 0 | Yes (1) | 0.00010 |
| NFF NEW MARKETS FUND XXI LLC | |||||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 10018 | 273227607 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $1 | $996 | 0 | Yes (1) | 0.00010 |
| NFF NEW MARKETS FUND XXII LLC | |||||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 10018 | 273227792 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $797 | 0 | Yes (1) | 0.00010 | |
| NFF NEW MARKETS FUND XXIII LLC | |||||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 10018 | 273227871 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $3 | $700 | 0 | Yes (1) | 0.00010 |
| NFF NEW MARKETS FUND XXIV LLC | |||||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 10018 | 273227950 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | -$2 | $498 | 0 | Yes (1) | 0.00010 |
| NFF NEW MARKETS FUND XXV LLC | |||||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 10018 | 273228011 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $4 | $996 | 0 | Yes (1) | 0.00010 |
| NFF NEW MARKETS WAREHOUSE LLC | |||||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 10018 | 205899492 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | $21 | $533 | 0 | Yes (1) | 0.00010 |
| CHASE NMTC AMISTAD INVESTMENT FUND LLC | |||||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 10018 | 274862478 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | -$3 | $653 | 0 | Yes (1) | 0.00010 |
| CHASE NMTC BREXTON INVESTMENT FUND LLC | |||||||||||||
| 70 WEST 36TH STREET 11TH FL | NEW YORK | NY | 10018 | 900906987 | FINANCE PROJECTS THAT BENEFIT SMALL AND MIDDLE-SIZED NONPROFITS | NY | NONPROFIT FINANCE FUND | RELATED | -$5 | $758 | 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 | Yes (1) | 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 | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BUILDING FOR THE FUTURE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | R | TransactionTypeTxt |
| Involved | $1,245,860 | InvolvedAmt |
| Method Of Amount Determination | COST | MethodOfAmountDeterminationTxt |