2013-04-22T10:14:02-05:00 2012-06-30 042571780 ALEXANDER ARONSON FINNING & CO PC 21 EAST MAIN STREET WESTBORO MA 01581 990 2011-07-01 521593251 CAPITAL LINK INC CAPI 6174220350 40 COURT STREET 10TH FLOOR BOSTON MA 02108 ALLISON COLEMAN 6174220350 2013-04-16 1 JOHN BUCKLEY CPA P00830631 5083669100 2013-04-01 2011 2016-03-07 17:11:31Z ALLISON COLEMAN 40 COURT STREET 10TH FLOOR BOSTON MA 02108 2450922 0 X WWW.CAPLINK.ORG X 1987 DC CAPITAL LINK IS A NATIONAL NONPROFIT ORGANIZATION THAT PROVIDES HIGH-QUALITY, AFFORDABLE, INNOVATIVE ADVISORY SERVICES RELATED TO PLANNING AND FINANCING CAPITAL PROJECTS FOR NONPROFIT COMMUNITY HEALTH CENTERS TO SUPPORT AND EXPAND COMMUNITY-BASED HEALTH CARE. X 13 12 26 0 0 0 1937739 964273 2512852 1471787 13089 10244 5935 4618 4469615 2450922 0 210000 0 0 2497387 1940307 0 0 0 767637 622080 3265024 2772387 1204591 -321465 6169382 1656855 2751616 840604 3417766 816251 X CAPITAL LINK IS A NATIONAL NONPROFIT ORGANIZATION THAT PROVIDES HIGH-QUALITY, AFFORDABLE, INNOVATIVE ADVISORY SERVICES RELATED TO PLANNING AND FINANCING CAPITAL PROJECTS FOR NONPROFIT COMMUNITY HEALTH CENTERS TO SUPPORT AND EXPAND COMMUNITY-BASED HEALTH CARE. 0 1 2116784 210000 1476405 ASSISTING PUBLIC NONPROFIT HEALTH CENTERS AND SIMILAR ORGANIZATIONS IN ACCESSING CAPITAL FOR BUILDING AND EQUIPMENT PROJECTS 2116784 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 4 0 26 1 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 1 1 1 1 1 1 1 MA CA X X SUSAN PETRIE SENIOR DIRECTOR OF FIN OPERATIONS & DATA 6174220350 40 COURT STREET 10TH FLOOR BOSTON MA 02108 X JAMES W HUNT JR 0.50 X X 0 511501 65218 THOMAS VAN COVERDEN 0.50 X X 0 0 0 RACHEL GONZALES-HANSON 0.50 X X 0 0 0 JAMES E LUISI 0.50 X X 0 0 0 MICHAEL BEACHLER 0.50 X 0 0 0 LORI BERRY 0.50 X 0 0 0 KATHY GRANT-DAVIS 0.50 X 0 0 0 JACK CRADOCK 0.50 X 0 0 0 JOSEPH E PIERLE 0.50 X 0 0 0 MICHAEL ANDRY 0.50 X 0 0 0 SHERRY HIROTA 0.50 X 0 0 0 TESS KUENNING 0.50 X 0 0 0 JOHN CALLAHAN 0.50 X 0 0 0 ALLISON COLEMAN 35.00 X 273154 0 107719 SUSAN PETRIE 35.00 X 124038 0 28066 MARK LURTZ 35.00 X 117013 0 28118 TERRANCE GLASSCOCK 35.00 X 103708 0 14665 MARY ANN WAYNE 35.00 X 125181 0 22767 AMY HARBAUGH 35.00 X 106622 0 18405 849716 511501 284958 6 0 1 0 MASSACHUSETTS LEAGUE OF COMMUNITY HEALTH 40 COURT STREET 10TH FLOOR BOSTON MA 02108 IT AND ADMIN. SERVICES 108645 1 964273 964273 ENGAGEMENT FEES 900099 1471787 1471787 1471787 10244 10244 OTHER REVENUE 900099 4618 4618 4618 2450922 1476405 0 10244 210000 210000 548064 333070 214994 1070839 859585 211254 52351 38080 14271 162042 117869 44173 107011 77839 29172 67596 49169 18427 23806 23806 12330 9014 3316 50955 37209 13746 108645 79028 29617 131392 95575 35817 100579 97613 2966 16730 16237 493 35483 35483 17583 14806 2777 20692 15051 5641 MISC EXPENSE 32401 6530 25871 EQUIPMENT LEASES AND MA 3888 820 3068 2772387 2116784 655603 0 230157 237884 3350637 1198028 296897 160083 2231156 15575 13744 306237 296320 27500 9917 7460 7276 10000 29923 6169382 1656855 458661 628804 42955 13800 2250000 198000 2751616 840604 X 3035824 816251 381942 0 3417766 816251 6169382 1656855 X -321465 -2280050 X X 0 1 1 X 1 1 X 1223652 1062559 1105755 1937739 964273 6293978 1478676 2056345 2077290 2512852 1471787 9596950 2702328 3118904 3183045 4450591 2436060 15890928 355360 380636 682564 1418560 493563 620541 632598 799641 362542 2908885 493563 975901 1013234 1482205 362542 4327445 11563483 31226 34003 26000 13089 10244 114562 31226 34003 26000 13089 10244 114562 810 1166 390 5935 4618 12919 2734364 3154073 3209435 4469615 2450922 16018409 0.72190 0.71050 0.00720 0.00900 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 2772387 2772387 288619 72155 0 0 277863 306367 313251 288619 1186100 1779150 4291 6554 1386 0 12231 69466 76592 78313 72155 296526 444789 0 306237 296320 9917 9917 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: CAPITAL LINK FOLLOWS THE STANDARDS FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH REQUIRES THE AGENCY TO REPORT ANY UNCERTAIN TAX POSITIONS AND TO ADJUST THEIR COMBINING FINANCIAL STATEMENTS FOR THE IMPACT THEREOF. AS OF JUNE 30, 2012, THE AGENCY DETERMINED THAT THEY HAD NO TAX POSITIONS THAT DID NOT MEET THE "MORE LIKELY THAN NOT" THRESHOLD OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. CAPITAL LINK FILES FEDERAL, MASSACHUSETTS, AND CALIFORNIA INFORMATION RETURNS. CAPITAL FUND FILES FEDERAL AND MASSACHUSETTS INFORMATION RETURNS. THESE RETURNS ARE GENERALLY SUBJECT TO EXAMINATION BY TAX AUTHORITIES FOR THE LAST THREE YEARS. 1 COMMUNITY HEALTH CENTER CAPITAL FUND 40 COURT STREET BOSTON MA 02108 043122535 501(C)3 100000 RELATED TO RESTRUCTURING COMMUNITY HEALTH CENTER CAPITAL FUND. MASS LEAGUE OF COMMUNITY HEALTH CENTERS 40 COURT STREET BOSTON MA 02108 042507409 501(C)3 110000 RELATED TO RESTRUCTURING COMMUNITY HEALTH CENTER CAPITAL FUND. 2 0 GRANTS WERE MADE TO RELATED ORGANIZATIONS RELATED TO RESTRUCTURING THE OPERATIONS OF CAPITAL LINK AND MOVING LENDING ACTIVITIES TO COMMUNITY HEALTH CARE FUND, AN AFFILIATE OF CAPITAL LINK (SEE SCHEDULE O). X X X X X X 0 0 0 0 0 0 0 0 0 JAMES W HUNT JR 0 394504 0 100000 0 16997 0 23187 0 42031 0 576719 0 0 ALLISON COLEMAN 228249 0 26220 0 18685 0 93550 0 14169 0 380873 0 0 0 SUSAN PETRIE 112648 0 11266 0 124 0 8014 0 20052 0 152104 0 0 0 SUPPLEMENTAL INFORMATION PART III A PORTION OF ALLISON COLEMAN'S AND SUSAN PETRIE'S SALARIES, $65,739, ARE CHARGED TO COMMUNITY HEALTH CENTER CAPITAL FUND, AN AFFILIATE. HOWEVER, THEIR W-2 WAGES ARE THAT OF CAPITAL LINK. AS SUCH, THE ENTIRE W-2 BALANCE IS REFLECTED ON THE ATTACHED SCHEDULE J. NO PORTION OF JAMES W. HUNT, JR.S COMPENSATION IS CHARGED BACK TO CAPITAL LINK. CERTAIN ASSETS AND LIABILITIES 2011-07-01 2280050 FAIR MARKET VALUE AT DATE OF TRANSFER 043122535 COMMUNITY HEALTH CENTER CAPITAL FUND INC 40 COURT STREET 10TH FLOOR BOSTON MA 02108 501(C)(3) 1 1 0 0 PART II, LINE 2E: VARIOUS EMPLOYEES TIME IS CHARGED BACK TO COMMUNITY HEALTH CENTER CAPITAL FUND. AS A RESULT, THESE EMPLOYEES ARE CONSIDERED TO BE EMPLOYEES OF COMMUNITY HEALTH CENTER CAPITAL FUND AS WELL. IN ADDITION, THERE ARE COMMON BOARD OF DIRECTORS MEMBERS BETWEEN THE TWO ORGANIZATIONS. EFFECTIVE JULY 1, 2011, CAPITAL LINK RESTRUCTURED THE ORGANIZATION IN ORDER TO SEPARATE ITS LENDING ACTIVITIES FROM ITS TECHNICAL ASSISTANCE ACTIVITIES. LENDING ACTIVITIES ARE CARRIED OUT BY COMMUNITY HEALTH CENTER CAPITAL FUND, INC., (CAPITAL FUND) WHILE TECHNICAL ASSISTANCE ACTIVITIES ARE CONDUCTED BY CAPITAL LINK. ACCORDINGLY, THE NOTES RECEIVABLE AND NOTES PAYABLE RELATED TO LENDING ACTIVITIES, AS WELL AS CERTAIN CASH BALANCES, WERE TRANSFERRED TO CAPITAL FUND DURING FISCAL YEAR 2012. CAPITAL FUND IS AN AFFILIATE OF AND CONTROLLED BY CAPITAL LINK. CHANGES IN PROGRAM SERVICES FORM 990, PART III, LINE 3 EFFECTIVE JULY 1, 2011, CAPITAL LINK RESTRUCTURED THE ORGANIZATION IN ORDER TO SEPARATE ITS LENDING ACTIVITIES FROM ITS TECHNICAL ASSISTANCE ACTIVITIES. LENDING ACTIVITIES ARE CARRIED OUT BY COMMUNITY HEALTH CENTER CAPITAL FUND, INC., (CAPITAL FUND) WHILE TECHNICAL ASSISTANCE ACTIVITIES ARE CONDUCTED BY CAPITAL LINK. ACCORDINGLY, THE NOTES RECEIVABLE AND NOTES PAYABLE RELATED TO LENDING ACTIVITIES, AS WELL AS CERTAIN CASH BALANCES, WERE TRANSFERRED TO CAPITAL FUND DURING FISCAL YEAR 2012. CAPITAL FUND IS AN AFFILIATE OF AND CONTROLLED BY CAPITAL LINK. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY MANAGEMENT AND THE TREASURER OF THE BOARD OF DIRECTORS AND THEN IS MADE AVAILABLE TO THE ENTIRE BOARD PRIOR TO ITS SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C CAPITAL LINK REQUIRES AN ANNUAL SIGN OFF FROM DIRECTORS DISCLOSING INTERESTS THAT COULD GIVE RISE TO CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 CAPITAL LINK ENGAGED IN COMPENSATION STUDIES DURING FISCAL YEARS 2011 AND 2012. AS AUTHORIZED BY THE FULL BOARD, CAPITAL LINKS INDEPENDENT COMPENSATION COMMITTEE REVIEWED THE STUDIES AND SET KEY EMPLOYEE SALARIES CONSISTENT WITH COMPARABLE MARKET TRENDS. FORM 990, PART VI, SECTION C, LINE 19 CAPITAL LINK MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII: VARIOUS EMPLOYEES TIME IS CHARGED BACK TO COMMUNITY HEALTH CENTER CAPITAL FUND. AS A RESULT, THESE EMPLOYEES ARE CONSIDERED TO BE EMPLOYEES OF COMMUNITY HEALTH CENTER CAPITAL FUND AS WELL. IN ADDITION, THERE ARE COMMON BOARD OF DIRECTORS MEMBERS BETWEEN THE TWO ORGANIZATIONS. AS SUCH, THE ENTIRE W-2 BALANCE IS REFLECTED ABOVE. PART XII, LINE 2C: NO CHANGE PART XI, LINE 5: EFFECTIVE JULY 1, 2011, CAPITAL LINK RESTRUCTURED THE ORGANIZATION IN ORDER TO SEPARATE ITS LENDING ACTIVITIES FROM ITS TECHNICAL ASSISTANCE ACTIVITIES. LENDING ACTIVITIES ARE CARRIED OUT BY COMMUNITY HEALTH CENTER CAPITAL FUND, INC., (CAPITAL FUND) WHILE TECHNICAL ASSISTANCE ACTIVITIES ARE CONDUCTED BY CAPITAL LINK. ACCORDINGLY, THE NOTES RECEIVABLE AND NOTES PAYABLE RELATED TO LENDING ACTIVITIES, AS WELL AS CERTAIN CASH BALANCES, WERE TRANSFERRED TO CAPITAL FUND DURING FISCAL YEAR 2012. CAPITAL FUND IS AN AFFILIATE OF AND CONTROLLED BY CAPITAL LINK. COMMUNITY HEALTH CENTER CAPITAL FUND 40 COURT ST 10TH FLOOR BOSTON MA 02108 043122535 LENDING ACTIVITIES MA 501 (C) (3) 9 CAPITAL LINK 0 MASS LEAGUE OF COMMUNITY HEALTH CENTERS 40 COURT ST 10TH FLOOR BOSTON MA 02108 521593251 ASSISTANCE TO COMMUNITY HEALTH CENTERS MA 501 (C) (3) 7 0 CAPITAL LINK 2008 INVESTMENT FUND LLC 40 COURT STREET 10TH FL BOSTON MA 02108 392075704 TO MAKE QEIS INTO CDE 1 AND INVESTMENTS DE CAPITAL LINK INC RELATED -1 3148 0 1 0.00010 CAPITAL NMTC CDE #1 LLC 40 COURT STREET 10TH FL BOSTON MA 02108 205736539 TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS DE CAPITAL LINK INC RELATED 9 448 0 1 0.00010 CAPITAL NMTC CDE #2 LLC 40 COURT STREET 10TH FL BOSTON MA 02108 205736561 TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS DE CAPITAL LINK INC RELATED -2 745 0 1 0.00010 CAPITAL NMTC CDE #3 LLC 40 COURT STREET 10TH FL BOSTON MA 02108 205736572 TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS DE CAPITAL LINK INC RELATED 6 308 0 1 0.00010 HF STATE CREDIT LLC 40 COURT STREET 10TH FL BOSTON MA 02108 271119949 TO OBTAIN LOUISIANA STATE NEW MARKET TAX CREDITS LA CAPITAL LINK INC RELATED -1237 2984 0 1 0.60000 0 1 0 1 0 0 0 0 0 1 0 0 1 1 1 1 1 0 MASSACHUSETTS LEAGUE OF COMMUNITY HEALTH CENTERS INC J 133696 MEMORANDUM OF AGREEMENT MASSACHUSETTS LEAGUE OF COMMUNITY HEALTH CENTERS INC O 108645 PAID FOR ADMIN. SERVICES COMMUNITY HEALTH CENTER CAPITAL FUND Q 2280050 TRANSFER OF CASH, ASSETS, LIAB. COMMUNITY HEALTH CENTER CAPITAL FUND M 0 INCLUDED IN LINE 8 BELOW COMMUNITY HEALTH CENTER CAPITAL FUND N 0 INCLUDED IN LINE 8 BELOW COMMUNITY HEALTH CENTER CAPITAL FUND B 100000 RESTRUCTURING GRANT - SEE SCH. I MASSACHUSETTS LEAGUE OF COMMUNITY HEALTH CENTERS INC B 110000 RESTRUCTURING GRANT - SEE SCH. I COMMUNITY HEALTH CENTER CAPITAL FUND P 358357 MEMORANDUM OF AGREEMENT COMMUNITY HEALTH CENTER CAPITAL FUND D 3500000 CAPITAL LINK GUARANTEES LOANS