2014-07-28T08:05:44-05:00 2013-12-31 042571780 ALEXANDER ARONSON FINNING & CO PC 21 EAST MAIN STREET WESTBORO MA 01581 990 2013-01-01 261521682 CHARTER SCHOOL FINANCING PARTNERSHIP LLC CHAR 6177201999 1 WASHINGTON MALL 12TH FLOOR BOSTON MA 02108 REBECCA REGAN PRESIDENT 6177201999 2014-07-10 1 THOMAS WASHBURN CPA P00537319 5083669100 2014-06-26 2013 2015-11-30 17:44:51Z REBECCA REGAN 1 WASHINGTON MALL 12TH FLOOR BOSTON MA 02108 3465850 0 X N/A X 2007 MA CHARTER SCHOOL FINANCING PARTNERSHIP, LLC (CSFP) IS ORGANIZED AND OPERATED EXCLUSIVELY TO CARRY OUT THE EDUCATIONAL AND CHARITABLE PURPOSES OF ITS MEMBERS, INCLUDING ADVANCING EDUCATION AND LESSENING THE BURDENS OF GOVERNMENT, BY FACILITATING, ENCOURAGING AND ASSISTING IN THE FINANCING OF CHARTER SCHOOLS AND ALL EDUCATIONAL ACTIVITIES RELATED THERETO. SIX HP NETWORK MEMBERS THAT ARE CDFI'S, JOINED TOGETHER TO CREATE CSFP - A GROUNDBREAKING VEHICLE TO ACCESS SECONDARY MARKET FINANCING FOR CHARTER SCHOOLS THAT SERVE DISADVANTAGED STUDENTS AND COMMUNITIES. 6 6 0 0 0 0 8196838 3026201 787236 429043 1441 10606 0 0 8985515 3465850 137000 0 0 0 0 0 0 0 0 383951 279400 520951 279400 8464564 3186450 18868967 18952396 6648338 3545317 12220629 15407079 X CSFP IS ORGANIZED AND OPERATED EXCLUSIVELY TO CARRY OUT THE EDUCATIONAL AND CHARITABLE PURPOSES OF ITS MEMBERS, INCLUDING ADVANCING EDUCATION AND LESSENING THE BURDENS OF GOVERNMENT, BY FACILITATING, ENCOURAGING AND ASSISTING IN THE FINANCING OF CHARTER SCHOOLS AND ALL EDUCATIONAL ACTIVITIES RELATED THERETO. SIX HP NETWORK MEMBERS THAT ARE CDFI'S, JOINED TOGETHER TO CREATE CSFP - A GROUNDBREAKING VEHICLE TO ACCESS SECONDARY MARKET FINANCING FOR CHARTER SCHOOLS THAT SERVE DISADVANTAGED STUDENTS AND COMMUNITIES. 0 0 279400 429043 CSFP PROVIDES CREDIT ENHANCEMENT FOR CHARTER SCHOOL FACILITIES THROUGHOUT THE COUNTRY BY PROVIDING INTEREST FREE DEBT SERVICE RESERVE FUNDING, LOANS, CREDIT ENHANCEMENT AGREEMENTS, AND LOAN GUARANTEES BY USING A COMBINATION OF GRANT FUNDS FROM THE U.S. DEPARTMENT OF EDUCATION AND PROCEEDS OF A PROGRAM RELATED INVESTMENT FROM THE WALTON FAMILY FOUNDATION. 279400 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X X THE HOUSING PARTNERSHIP NETWORK INC 6177201999 1 WASHINGTON MALL 12TH FLOOR BOSTON MA 02108 X THOMAS A BLEDSOE VICE CHAIR 0.50 X X 0 0 0 KIM LATIMER-NELLIGAN CHAIR 0.50 X X 0 0 0 SARA VERNON STERMAN BOARD MEMBER 0.50 X 0 0 0 MARK VAN BRUNT BOARD MEMBER 0.50 X 0 0 0 SCOTT YOUNG SECRETARY/TREASURER 0.50 X X 0 0 0 SCOTT SPORTE BOARD MEMBER 0.50 X 0 0 0 REBECCA REGAN PRESIDENT 0.80 X 0 0 0 KATHLEEN FARRELL ASSISTANT TREASURER 0.50 X 0 0 0 0 0 0 0 0 0 1 HOUSING PARTNERSHIP NETWORK INC 1 WASHINGTON MALL 12TH FLOOR BOSTON MA 02109 MANAGEMENT AGENT 161132 1 3026201 3026201 PLACEMENT AND SERVICE 900099 429043 429043 429043 10606 10606 3465850 429043 0 10606 161132 161132 60742 60742 17645 17645 38354 38354 MISC 1527 1527 279400 279400 0 0 76979 315601 451015 382421 30081 7800 23907 18231 18286985 18228343 18868967 18952396 122137 78692 3500000 3466625 3026201 0 6648338 3545317 X 459845 645361 11760784 14761718 12220629 15407079 18868967 18952396 3186450 0 X X 0 1 X 1 1 1 X 3000000 8196838 3026201 14223039 3000000 8196838 3026201 14223039 14223039 25546 1441 10606 37593 14260632 1388079 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 CREDIT ENHANCEMENT 12682769 C LOANS RECEIVABLE 3150745 C LENDING RESERVES 315880 C GRANT RESERVE 478285 C DEBT SERVICE RESERVES 1600664 C 18228343 X 3465850 0 3465850 0 3465850 279400 0 279400 0 279400 PART X, LINE 2: CSFP FOLLOWS THE U.S. GAAP STANDARDS FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES WHICH REQUIRED CSFP TO REPORT ANY UNCERTAIN TAX POSITIONS AND TO ADJUST ITS FINANCIAL STATEMENTS FOR THE IMPACT THEREOF. AS OF DECEMBER 31, 2013, CSFP DETERMINED THAT THEY HAD NO MATERIAL UNRECOGNIZED TAX BENEFITS TO REPORT. CFSP FILES INFORMATION RETURNS IN THE UNITED STATES (FEDERAL) AND MASSACHUSETTS (STATE) JURISDICTIONS. THESE RETURNS ARE GENERALLY SUBJECT TO EXAMINATION BY TAX AUTHORITIES FOR THE LAST THREE YEARS. X X X 0 0 0 0 0 0 0 0 0 PART VII, QUESTION 5 THOMAS BLEDSOE, REBECCA REGAN, AND KATHLEEN FARRELL WERE COMPENSATED BY HOUSING PARTNERSHIP NETWORK, INC., AN UNRELATED NONPROFIT MANAGEMENT AGENT. THOMAS BLEDSOE RECEIVED $331,499 IN SALARY AND $22,173 IN BENEFITS. REBECCA REGAN RECEIVED $240,519 IN SALARY AND $6,635 IN BENEFITS. KATHLEEN FARRELL RECEIVED $138,215 IN SALARY AND $11,716 IN BENEFITS. FORM 990, PART VI, SECTION A, LINE 3 CSFP UTILIZES HOUSING PARTNERSHIP NETWORK AS A MANAGEMENT AGENCY, WHO PROVIDES THE DAY TO DAY OPERATING SUPPORT AND RECORD KEEPING. FORM 990, PART VI, SECTION A, LINE 6 CSFP HAS SIX MEMBERS. MEMBERS MAY SERVE ON THE BOARD OF MANAGERS. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS SUBMITTED TO THE BOARD OF MANAGERS FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL CONFLICT OF INTEREST DISCLOSURE IS USED AND IF ANY ISSUES ARISE THE BOARD IS NOTIFIED. IF ISSUES ARISE, THE BOARD MEMBER INVOLVED WILL RECUSE THEMSELVES FROM THE DECISION MAKING PROCESS. FORM 990, PART VI, SECTION C, LINE 19 BY MEANS OF THE INTERNET AND UPON REQUEST. FORM 990, PART XII, LINE 2C THE BOARD OF MANAGERS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS' FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT.