2014-07-08T10:01:14-05:00 2013-09-30 135381590 BDO USA LLP 7101 WISCONSIN AVE SUITE 800 BETHESDA MD 208144827 990 2012-10-01 521954196 RAZA DEVELOPMENT FUND INC RAZA 6024171403 1 E WASHINGTON STREET NO 2250 PHOENIX AZ 85004 TOM ESPINOZA 6024171403 2014-07-08 1 JOYCE M UNDERWOOD P00022361 3016544900 2012 2015-11-30 17:44:51Z TOM ESPINOZA 1 E WASHINGTON STREET NO 2250 PHOENIX AZ 85004 8225481 0 X WWW.RAZAFUND.ORG X 1996 DC 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. 10 8 22 7 0 0 1600000 2800000 5064633 5222022 92802 106930 0 96529 6757435 8225481 100000 220149 0 0 2323313 2642060 0 0 75788 3956073 4616334 6379386 7478543 378049 746938 110738524 118341005 59894200 66749743 50844324 51591262 X 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. 0 0 6133009 220149 5222022 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 32. 6133009 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 1 10 0 1 22 1 0 0 0 0 0 0 0 0 0 0 X 10 8 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AZ DC X RODRIGO VELA CFO 6024171403 1 E WASHINGTON STREET NO 2250 PHOENIX AZ 85004 JAMES FIELD 1.00 X 0 0 0 ARABELLA MARTINEZ 1.00 X 0 0 0 ROLDAN TRUJILLO 1.00 X 0 0 0 KIMBERLY LATIMER NELLIGAN 1.00 X 0 0 0 JANET MURGUIA 1.00 35.00 X 0 330513 29658 ART RUIZ 1.00 X 0 0 0 JOSEPH REILLY 1.00 X 0 0 0 JANIS BOWDLER 1.00 X 0 0 0 KENNETH I TRUJILLO 1.00 X 0 0 0 TOM ESPINOZA 40.00 X X 256591 0 30569 MARK VAN BRUNT 40.00 X 209772 0 32723 RODRIGO VELA 40.00 X 115131 0 15816 DAVID CLOWER 40.00 X 180459 0 29712 ALEJANDRO FUENTES 40.00 X 92361 0 14032 ANGELA STEPHENSON 40.00 X 114637 0 13666 SILVIA URRUTIA 40.00 X 120072 0 20489 1089023 330513 186665 6 0 1 0 JM CONSULTING PO BOX 1563 MANCHESTER OF THE SEA MA 01944 EDUCATION CONSULTING SERVICES 110936 1 2800000 2800000 LOAN INTEREST INCOME 522299 4435364 4435364 LOAN FEES 522299 508722 508722 ORIGINATION FEES 522299 277936 277936 5222022 106930 106930 OTHER INCOME 900099 96529 96529 96529 8225481 5222022 0 203459 205149 205149 15000 15000 1253386 884758 342810 25818 906739 635309 252462 18968 52439 37255 14126 1058 291715 212363 73762 5590 137781 97440 37575 2766 3806 3806 80664 80664 89103 63499 25604 409606 319888 89369 349 187205 1762 185339 104 43431 31229 10933 1269 19464 13624 4703 1137 225407 142737 73733 8937 353173 274773 71831 6569 2007660 2007660 64446 64446 103597 103597 LOAN LOSS RESERVE 776510 776510 SERVICE CHARGES 52178 42499 9180 499 BOARD RELATED EXPENSES 28081 1405 26676 172003 121442 47837 2724 7478543 6133009 1269746 75788 32136685 25725308 14698347 15397760 635576 1270246 300000 62738825 75253302 70714 62143 594416 282488 94330 311928 64047 320318 110738524 118341005 205127 608578 161000 101000 328073 595983 6800000 6800000 52400000 58400000 0 244182 59894200 66749743 X 36148636 36559808 14695688 15031454 50844324 51591262 110738524 118341005 746938 0 X X 0 1 X 1 1 1 X X X 0 0 0 NATIONAL COUNCIL OF LA RAZA INC 860212873 7 1 1 1 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 176024 2557 173467 41507 8614 32893 376885 271317 105568 311928 PLEDGES HELD IN TRUST 102444 DUE TO NATIONAL COUNCIL OF LA RAZA 5153 UNFUNDED COMMITMENTS 136585 244182 X 8225481 0 8225481 0 8225481 7478543 0 7478543 0 7478543 PART IV, LINE 2B: NMTC DEPOSITS. THERE WERE NO BALANCES AT 9/30/2012. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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, 2013 AND 2012. THE TAX YEARS SUBJECT TO EXAMINATION BY MAJOR JURISDICTIONS INCLUDE THE YEARS 2008 AND FORWARD BY THE IRS AND THE DISTRICT OF COLUMBIA. 1 TEACH FOR AMERICA 3030 N CENTRAL AVE PHOENIX AZ 85012 133541913 501(C)3 50000 PREDEVELOPMENT GRANT TEACH FOR AMERICA 200 S 10TH ST STE 800 MCALLEN TX 78501 133541913 501(C)3 50000 PREDEVELOPMENT GRANT FAMILY LIFE WORKS 3512 PAESANOS PKWY SAN ANTONIO TX 78231 364607285 501(C)3 20000 PREDEVELOPMENT GRANT CESAR CHAVEZ COMMUNITY SCHOOL 4001 S 3RD ST PHOENIX AZ 85040 866000509 SEE PART IV 8000 PREDEVELOPMENT GRANT CATHOLIC ASSOCIATION OF LATINO LEADERS INC (CALL) 3424 WILSHIRE BLVD 4TH FL LOS ANGELES CA 90010 261135065 501(C)3 6500 LEADERSHIP DEVELOPMENT GRANT CARLOS ROSARIO EDUCATIONAL FOUNDATION 1100 HARVARD STREET NW WASHINGTON DC 20009 271678341 501(C)3 35000 PREDEVELOPMENT GRANT JOHN PAUL II TRAINING CENTER 795 BEVERLY DR GAINESVILLE GA 30501 201957595 501(C)3 15000 PREDEVELOPMENT GRANT 7 0 PREDEVELOPMENT GRANT 1 15000 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: RDF HAS A GRANT CONTRACT WITH ITS GRANTEES, WHICH ENCOMPASS THE VARIOUS PROJECT STAGES. THE CAPITAL IS ALLOCATED TO THIRD PARTY CONSULTANTS THAT PROVIDE THE TECHNICAL ASSISTANCE AND DEVELOPMENT PRACTICES FOR THE IMPLEMENTATION IN THE PROJECT. SCHEDULE I, PART II, COLUMN C CESAR CHAVEZ COMMUNITY SCHOOL IS PART OF THE ROOSEVELT SCHOOL DISTRICT, PHOENIX, AZ. X X 1 0 0 0 0 0 0 0 0 JANET MURGUIA 0 328193 0 0 0 2320 0 15312 0 14346 0 360171 0 0 TOM ESPINOZA 239633 0 16958 0 0 0 18514 0 12055 0 287160 0 0 0 MARK VAN BRUNT 195189 0 14583 0 0 0 15302 0 17421 0 242495 0 0 0 DAVID CLOWER 154519 0 25940 0 0 0 12291 0 17421 0 210171 0 0 0 PART I, LINE 4A ALEJANDRO FUENTES RECEIVED SEVERANCE OF 10 WEEKS OF FULL SALARY AND BENEFITS, TOTALLING $28,201. CATHOLIC ASSOCIATION OF LATINO LEADERS INC (CALL) A RDF BOARD MEMBER IS ALSO A BOARD MEMBER OF CALL 6500 GRANT LEADERSHIP DEVELOPMENT GRANT FORM 990, PART VI, SECTION A, LINE 2 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 CAN ESTABLISH A BONUS POOL FOR THE REST OF THE STAFF. 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. OVERSIGHT OF AUDIT: FORM 990, PART XII, LINE 2C THERE HAVE BEEN NO CHANGES DURING THE YEAR IN THE PROCESS FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS. RAZA COMMUNITY VENTURES LLC 1 E WASHINGTON STREET STE 2250 PHOENIX AZ 85004 521954196 HOLDING ASSETS FOR COMMUNITY DEVELOPMENT AZ 0 895189 RAZA DEVELOPMENT FUND INC RDF FUND MANAGER LLC 1 E WASHINGTON STREET STE 2250 PHOENIX AZ 85004 453280259 MANAGE BUSINESS AND CARRY-OUT THE PURPOSE OF THE INVESTMENT FUND AZ -16 24472 RAZA DEVELOPMENT FUND INC 1200 NORTH PARK STREET PARTNERS LLC 1 E WASHINGTON STREET STE 2250 PHOENIX AZ 85004 521954196 OWN AND LEASE REAL PROPERTY FOR COMMUNITY DEVELOPMENT MN 35389 198927 RAZA COMMUNITY VENTURES LLC NATIONAL COUNCIL OF LA RAZA INC 1126 16TH STREET NW WASHINGTON DC 200364845 860212873 WORKS TO IMPROVE OPPORTUNITIES FOR HISPANIC AMERICANS. AZ 501(C)(3) LINE 7 N/A 0 PARTNERSHIPS OF HOPE I 1 E WASHINGTON ST 2250 PHOENIX AZ 85004 272096685 COMMUNITY DEVELOPMENT AZ RAZA DEVELOPMENT FUND RELATED 0 1 0.00010 PARTNERSHIPS OF HOPE III 1 E WASHINGTON ST 2250 PHOENIX AZ 85504 272096840 COMMUNITY DEVELOPMENT AZ RAZA DEVELOPMENT FUND RELATED 0 1 0.00010 CHASE NMTC EXCEL INVESTMENT FUND 1 E WASHINGTON ST 2250 PHOENIX AZ 85504 452772405 COMMUNITY DEVELOPMENT AZ RDF FUND MANAGER LLC RELATED 0 0 0.00010 PARTNERSHIPS OF HOPE II 1 E WASHINGTON ST 2250 PHOENIX AZ 85004 272096768 COMMUNITY DEVELOPMENT AZ RAZA DEVELOPMENT FUND RELATED 0 1 0.00010 CHASE NMTC FBRGV INVESTMENT FUND 1 E WASHINGTON ST 2250 PHOENIX AZ 85004 452772484 COMMUNITY DEVELOPMENT AZ RDF FUND MANAGER LLC RELATED 0 0 0.00010 PARTNERSHIPS OF HOPE V 1 E WASHINGTON ST 2250 PHOENIX AZ 85004 272096932 COMMUNITY DEVELOPMENT AZ RAZA DEVELOPMENT FUND RELATED 0 1 0.00010 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 PARTNERSHIPS OF HOPE II L 57500 ACCRUAL PARTNERSHIPS OF HOPE III L 75000 ACCRUAL