IFF: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- IFF (EIN 36-3656836)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-08-03
- IRS object ID
- 201212169349300106
- Schema version
- 2011v1.2
- 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) |
|---|---|---|
| Timestamp | 2012-08-03T08:18:49-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420714325 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCGLADREY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 S WACKER DRIVE STE 800 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60606 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363656836 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IFF | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | IFF | NameControl |
| Phone | 3126290060 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE NORTH LASALLE STREET No 700 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60602 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Joe Neri | Name |
| Title | CEO | Title |
| Phone | 3126290060 | Phone |
| Date Signed | 2012-07-26 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Wayne Harder | Name |
| PTIN | P00294296 | PTIN |
| Phone | 3126343400 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Joe Neri | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE NORTH LASALLE STREET No 700 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60602 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 27574016 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.IFF.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1988 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | IFF offers lending, real estate and research services to nonprofits for disadvantaged populations. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 14 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 14 | NbrIndependentVotingMembers |
| Total Nbr Employees | 72 | TotalNbrEmployees |
| Total Nbr Volunteers | 40 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 4734933 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 16929890 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 9354740 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 10483954 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 40298 | InvestmentIncomePriorYear |
| Investment Income Current Year | 55844 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -71612 | OtherRevenuePriorYear |
| Other Revenue Current Year | -60421 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 14058359 | TotalRevenuePriorYear |
| Total Revenue Current Year | 27409267 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 649592 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1093025 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 4268760 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 4635642 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 314953 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 6189778 | OtherExpensePriorYear |
| Other Expenses Current Year | 7165410 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 11108130 | TotalExpensesPriorYear |
| Total Expenses Current Year | 12894077 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2950229 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 14515190 | RevenuesLessExpensesCY |
| Total Assets BOY | 188224311 | TotalAssetsBOY |
| Total Assets EOY | 219978482 | TotalAssetsEOY |
| Total Liabilities BOY | 144314793 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 163576421 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 43909518 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 56402061 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | IFF is a nonprofit organization that offers lending, facilities planning, real estate development and research services to Midwest nonprofits serving disadvantaged populations. IFF services help nonprofits complete their real estate-related projects and strengthen their financial, operational and management capacity to meet their missions. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 7850947 | Expense |
| Revenue | 9266686 | Revenue |
| Description | Loan Program: This program makes below market loans to nonprofit agencies. Since 1990, the total loan volume reached $348 million which include 917 loans closed that has resulted in total cost savings of $20.5 million for clients. Since 1990, these loans have assisted with the renovation or construction of 12.0 million square feet and created 4,617 child care slots, 22,560 student seats, 173,884 new patients/visits at health care clinincs, 2,544 affordable and supportive/special needs housing units, and 966 beds. In addition, the loans have helped to employ 44,405 full time equivalents. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3359082 | Expense |
| Grants | 1093025 | Grants |
| Revenue | 1150318 | Revenue |
| Description | Real Estate Services Program: This program provides consulting services to help nonprofits plan and complete real estate development projects. Since 1997, this program has resulted in a total cost savings for clients of $15.9 million and has funded the renovation or construction of 1.7 million square feet. In addition, this program has created 4,026 child care slots, 5,110 charter school seats, 48,540 new patients/visits at health care clinics, and developed 83 housing units and 54 beds. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 545101 | Expense |
| Description | Public Policy and Communications: IFF's public policy and communications department advances IFF's priorities in the areas of community development finance, the nonprofit sector, charter schools, early care and education, health care and housing. It also supports the growth of IFF in the Midwest. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 279201 | Expense |
| Revenue | 6529 | Revenue |
| Description | Research Program | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 279201 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 6529 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 12034331 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 28 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 72 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 14 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 14 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 1 | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Lloyd Shields | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3126290060 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One North LaSalle Street Suite 700 | AddressLine1 |
| City | Chicago | City |
| State | IL | State |
| ZIP Code | 60602 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (21 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| Jeffrey Kolb | |||||||
| Secretary & Treasurer | 1.00 | X | X | 0 | 0 | 0 | |
| Carl Jenkins | |||||||
| Board Chair | 1.00 | X | X | 0 | 0 | 0 | |
| David Crawford | |||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | ||
| Edward Tune | |||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | ||
| Kevin Ridley | |||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | ||
| Luke Collins | |||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | ||
| Meredith O'Connor | |||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | ||
| Michael Fisher | |||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | ||
| Mohini Chopra | |||||||
| Vice Chair | 1.00 | X | X | 0 | 0 | 0 | |
| Rodney Tyson | |||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | ||
| Robin Coffey | |||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | ||
| Sandra Moore | |||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | ||
| Diane Williams | |||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | ||
| Ramon Cepeda | |||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | ||
| Trinita Logue | |||||||
| President | 40.00 | X | 208080 | 0 | 50367 | ||
| Joe Neri | |||||||
| CEO | 40.00 | X | 190000 | 0 | 13120 | ||
| Lloyd Shields | |||||||
| Assistant Secretary & CFO | 40.00 | X | 148960 | 0 | 8306 | ||
| Jose Cerda | |||||||
| VP of Public Policy & Communications | 40.00 | 127592 | 0 | 13615 | X | ||
| Lucy Tuck | |||||||
| VP of Lending | 40.00 | 128025 | 0 | 7682 | X | ||
| Kirby Burkholder | |||||||
| Exe. Director of Missouri | 40.00 | 116839 | 0 | 11866 | X | ||
| Tanya Vartivarian | |||||||
| Director of School Services | 40.00 | 103429 | 0 | 11316 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1022925 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 116272 | TotalOtherCompensation |
| Number Individuals GT100 K | 7 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sidley Austin LLP | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 0642 | AddressLine1 |
| City | Chicago | City |
| State | IL | State |
| ZIP Code | 60690 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | Legal | DescriptionOfServices |
| Compensation | 145754 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| Government Grants | 8726191 | GovernmentGrants |
| All Other Contributions | 8203699 | AllOtherContributions |
| Total Contributions | 16929890 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Interest on Loans | 522291 | 8924357 | 8924357 |
| Consulting Contract Fe | 523930 | 1265877 | 1265877 |
| Loan Origination Fees | 522291 | 177050 | 177050 |
| IFF Capital Mgmt Fees | 523920 | 106670 | 106670 |
| IFF NMTC Senior Lender | 523920 | 10000 | 10000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 10483954 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 55844 | TotalRevenueColumn |
| Exclusion | $55,844 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 104328 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 164749 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -60421 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -60421 | TotalRevenueColumn |
| Related Or Exempt Function Income | -60421 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 27409267 | TotalRevenueColumn |
| Related Or Exempt Function Income | 10423533 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $55,844 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 939310 | Total |
| Program Services | 939310 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 153715 | Total |
| Program Services | 153715 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 618833 | Total |
| Program Services | 314104 | ProgramServices |
| Management And General | 171461 | ManagementAndGeneral |
| Fundraising | 133268 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3400151 | Total |
| Program Services | 3132959 | ProgramServices |
| Management And General | 182476 | ManagementAndGeneral |
| Fundraising | 84716 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 94325 | Total |
| Program Services | 84829 | ProgramServices |
| Management And General | 6952 | ManagementAndGeneral |
| Fundraising | 2544 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 223793 | Total |
| Program Services | 206615 | ProgramServices |
| Management And General | 11779 | ManagementAndGeneral |
| Fundraising | 5399 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 298540 | Total |
| Program Services | 257742 | ProgramServices |
| Management And General | 24820 | ManagementAndGeneral |
| Fundraising | 15978 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 93060 | Total |
| Program Services | 91708 | ProgramServices |
| Management And General | 943 | ManagementAndGeneral |
| Fundraising | 409 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 75545 | Total |
| Program Services | 22600 | ProgramServices |
| Management And General | 52945 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48000 | Total |
| Program Services | 48000 | ProgramServices |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 369630 | Total |
| Program Services | 331058 | ProgramServices |
| Management And General | 6476 | ManagementAndGeneral |
| Fundraising | 32096 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27702 | Total |
| Program Services | 27360 | ProgramServices |
| Fundraising | 342 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 258520 | Total |
| Program Services | 235039 | ProgramServices |
| Management And General | 16322 | ManagementAndGeneral |
| Fundraising | 7159 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30632 | Total |
| Program Services | 27169 | ProgramServices |
| Management And General | 2400 | ManagementAndGeneral |
| Fundraising | 1063 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 412037 | Total |
| Program Services | 361876 | ProgramServices |
| Management And General | 35086 | ManagementAndGeneral |
| Fundraising | 15075 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 132288 | Total |
| Program Services | 126973 | ProgramServices |
| Management And General | 3013 | ManagementAndGeneral |
| Fundraising | 2302 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 72862 | Total |
| Program Services | 65619 | ProgramServices |
| Management And General | 3984 | ManagementAndGeneral |
| Fundraising | 3259 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5259601 | Total |
| Program Services | 5259601 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 286036 | Total |
| Program Services | 254734 | ProgramServices |
| Management And General | 21926 | ManagementAndGeneral |
| Fundraising | 9376 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27246 | Total |
| Program Services | 24601 | ProgramServices |
| Management And General | 1852 | ManagementAndGeneral |
| Fundraising | 793 | Fundraising |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Dues,Books & Subscripti | 62039 | 58589 | 2300 | 1150 |
| Uncollectable Contracts | 9256 | 9256 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 956 | Total |
| Program Services | 874 | ProgramServices |
| Management And General | 58 | ManagementAndGeneral |
| Fundraising | 24 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12894077 | Total |
| Program Services | 12034331 | ProgramServices |
| Management And General | 544793 | ManagementAndGeneral |
| Fundraising | 314953 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 342 | BOY |
| EOY | 464 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10086744 | BOY |
| EOY | 29219981 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 569536 | BOY |
| EOY | 1121960 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 464942 | BOY |
| EOY | 450460 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 151690733 | BOY |
| EOY | 157888339 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 71791 | BOY |
| EOY | 77129 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 8501108 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 2050343 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3333245 | BOY |
| EOY | 6450765 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18918489 | BOY |
| EOY | 18530124 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2175162 | BOY |
| EOY | 5148159 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 913327 | BOY |
| EOY | 1091101 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 188224311 | BOY |
| EOY | 219978482 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2465752 | BOY |
| EOY | 2105286 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2962806 | BOY |
| EOY | 2112806 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 138886235 | BOY |
| EOY | 159358329 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 144314793 | BOY |
| EOY | 163576421 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13958721 | BOY |
| EOY | 18469775 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29950797 | BOY |
| EOY | 37932286 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43909518 | BOY |
| EOY | 56402061 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 188224311 | BOY |
| EOY | 219978482 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 14515190 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -2022647 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 13170525 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2099708 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 8685320 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 4734933 | CurrentTaxYearMinus1Year |
| Current Tax Year | 16929890 | CurrentTaxYear |
| Total | 45620376 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 13170525 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2099708 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 8685320 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 4734933 | CurrentTaxYearMinus1Year |
| Current Tax Year | 16929890 | CurrentTaxYear |
| Total | 45620376 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 7624909 | AmountsSubstContributorsTotal |
| Public Support Total170 | 37995467 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1282124 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 963169 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 106961 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 63070 | CurrentTaxYearMinus1Year |
| Current Tax Year | 160172 | CurrentTaxYear |
| Total | 2575496 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 45449 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | -146877 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | -28757 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | -333 | CurrentTaxYearMinus1Year |
| Total | -130518 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 48065354 | TotalSupport |
| Gross Receipts From Admissions Etc | 40154143 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.79050 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.76340 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
Total Direct Lobbying TotalDirectLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 76065 | FilingOrganizationsTotals |
Total Lobbying Expenditures TotalLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 76065 | FilingOrganizationsTotals |
Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 12818012 | FilingOrganizationsTotals |
Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 12894077 | FilingOrganizationsTotals |
Lobbying Nontaxable LobbyingNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 794704 | FilingOrganizationsTotals |
Grassroots Nontaxable GrassrootsNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 198676 | FilingOrganizationsTotals |
Tot Lobbying Grassroot Minus Non Tx TotLobbyingGrassrootMinusNonTx
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Tot Lobby Expend Mns Lobbying Nontx TotLobbyExpendMnsLobbyingNontx
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 571736 | CurrentYearMinus3 |
| Current Year Minus2 | 722796 | CurrentYearMinus2 |
| Current Year Minus1 | 705407 | CurrentYearMinus1 |
| Current Year | 794704 | CurrentYear |
| Total | 2794643 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $4,191,965 | LobbyingCeilingAmount |
Total Lobbying Expenditures2 TotalLobbyingExpenditures2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 30000 | CurrentYearMinus3 |
| Current Year Minus1 | 41717 | CurrentYearMinus1 |
| Current Year | 76065 | CurrentYear |
| Total | 147782 | Total |
Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 142934 | CurrentYearMinus3 |
| Current Year Minus2 | 180699 | CurrentYearMinus2 |
| Current Year Minus1 | 176352 | CurrentYearMinus1 |
| Current Year | 198676 | CurrentYear |
| Total | 698661 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,047,992 | GrassrootsCeilingAmount |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7341523 | BeginningOfYearBalance |
| Contributions | 4906000 | Contributions |
| Other Expenditures | 2022647 | OtherExpenditures |
| End Of Year Balance | 10224876 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8645860 | BeginningOfYearBalance |
| Contributions | 75000 | Contributions |
| Other Expenditures | 1379337 | OtherExpenditures |
| End Of Year Balance | 7341523 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 9410992 | BeginningOfYearBalance |
| Contributions | 1020450 | Contributions |
| Other Expenditures | 1785582 | OtherExpenditures |
| End Of Year Balance | 8645860 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 10444628 | BeginningOfYearBalance |
| Contributions | 0 | Contributions |
| Other Expenditures | 1033636 | OtherExpenditures |
| End Of Year Balance | 9410992 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 1.00000 | BoardDesignatedEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5949042 | OtherCostOrOtherBasis |
| Book Value | 5949042 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 323804 | OtherCostOrOtherBasis |
| Depreciation | 199696 | Depreciation |
| Book Value | 124108 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2228262 | OtherCostOrOtherBasis |
| Depreciation | 1850647 | Depreciation |
| Book Value | 377615 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 6450765 | TotalOfBookValueLandBuildings |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Description of Intended Use of Endowment Funds: | Part V, Line 4: | Capital to be used for loan disbursements and to cover loan losses. |
| Description of Uncertain Tax Positions Under FIN 48: | Part X: | In accordance with the accounting standard on Accounting for Uncertainty in Income Taxes, IFF addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, IFF may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of IFF and various positions related to the potential sources of unrelated business taxable income. There were no unrecognized tax benefits identified or recorded as liabilities during 2011 or 2010. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 0 | RecordsMaintained |
Recipient Table RecipientTable (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|---|---|---|---|---|---|
| Mercy Housing Lakefront | ||||||||||
| 120 S LaSalle St Suite 1850 | Chicago | IL | 60603 | 363453183 | 501(c)(3) | 34563 | General operations | |||
| Search Inc | ||||||||||
| 1925 N Clybourn Suite 200 | Chicago | IL | 60614 | 237058758 | 501(c)(3) | Housing for group/supportive homes | 286963 | Book | 1 Property transferred | |
| Connections for the Homeless Inc | ||||||||||
| 2010 Dewey Avenue 3rd Floor | Evanston | IL | 60201 | 363346917 | 501(c)(3) | Housing for group/supportive homes | 617784 | Book | 2 properties transferred | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 3 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 3 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Building/property for housing | TypeOfGrant |
| Number Of Recipients | 1 | NumberOfRecipients |
| Amount Of Non Cash Assistance | 153715 | AmountOfNonCashAssistance |
| Method Of Valuation | Book | MethodOfValuation |
| Description Of Non Cash Assistance | 1 property transferred | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: The grantee must follow up with the organization with a report that details the use of grant funds awarded to them. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Trinita Logue | |||||||||||||
| 208080 | 0 | 0 | 0 | 0 | 0 | 32500 | 0 | 17867 | 0 | 258447 | 0 | 0 | 0 |
| Joe Neri | |||||||||||||
| 175000 | 0 | 15000 | 0 | 0 | 0 | 9500 | 0 | 3620 | 0 | 203120 | 0 | 0 | 0 |
| Lloyd Shields | |||||||||||||
| 148960 | 0 | 0 | 0 | 0 | 0 | 7500 | 0 | 806 | 0 | 157266 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | Part I, Line 1a | ReturnReference |
| Explanation | IFF pays dues to a social club on behalf of Trinita Logue and Joe Neri. The amount is not included on their W-2 because membership to the social club is for business uses only. Trinita Logue's membership was cancelled in August 2011, after Joe Neri's membership was established. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Form 990, Part VI, Section A, line 4 | In 2011 the by-laws were revised in the following provisions: - The minimum number of directors was increased to 12. - The position of Chief Executive Officer was added and given the powers of the senior executive officer over the organization. - The President's powers were modified to eliminate the position as an ex officio voting member of the board of directors. | |
| Form 990, Part VI, Section B, line 11 | IFF's tax advisors prepare the Form 990 using information provided by financial management. The completed Form 990 is reviewed by the CFO and audit committee before being provided to the full board and then filed with the IRS. | |
| Form 990, Part VI, Section B, line 12c | IFF believes that it is a stronger organization by virtue of having both investors and borrowers represented on its board or committees. There are also cases in which a board member serves on the board of a borrower whose loan may be brought to the board level. In the instance that a conflict exists, any involved parties do not participate in the voting. The minutes also record the conflict. IFF intentionally avoids relationships with major vendors whose owners or employees serve on the board, but if such a relationship exists, it is handled in the way described above. | |
| Form 990, Part VI, Section B, line 15a | Each year the Chair of the Board appoints the compensation committee which maintains continuity of membership and also includes at least one new member. The committee conducts a review of the President and CEO and reviews and approves compensation for the upcoming year. This process and Board discussion is documented in the minutes. Available comparison data is used in the review of compensation of the President and CEO each year. This included an industry compensation survey done by IFF's National Trade Association as well as local surveys done by Crain's Chicago Business. In 2011, IFF participated in a salary survey with The Delta Institute. The Delta Institute is a nonprofit that works on environmental sustainability and economic development. The Institute hired a third-party consultant (PRM Consulting Group) to review and analyze its salaries for staff positions. We contributed information of IFF's salaries, and in return received a breakdown of salary ranges for various staff from a third-party vendor. In addition to IFF, there were 14 other groups that provided salary information for the survey. IFF reviewed the information and will consider the survey when looking at its own similar positions. IFF also receives a national salary guide for IT, finance and administrative staff from Robert Half, a national employee placement firm, and other placement firms. Compensation of other key employees is approved by the CEO after review of performance, market conditions and the agency's budget. | |
| Form 990, Part VI, Section C, line 19 | Governing documents (e.g., by-laws), Conflict of Interest Policy and Form 990 are available to anyone upon request. IFF's annual budget, financial forecast, and audited financial statements and the annual report, which contains the list of all investors and contributors and the list of borrowers and clients, are available to the public on the IFF's website. | |
| Form 990, Part VI, Section B, Lines 12 - 14 | The Conflict of Interest policy, Whistle-Blower Policy and Document Retention and Destruction Policy are reviewed and approved by the Board. | |
| Form 990, Part XI, line 5: | Net Assets Released from Restriction -2,022,647. Total to Form 990, Part XI, Line 5: -2,022,647. | Changes in Net Assets or Fund Balances: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part III Form990ScheduleRPartIII (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Direct Controlling Entity NADirectControllingEntityNA | Predominant Income TypePredominantIncomeType | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Disproportionate AllocationsDisproportionateAllocations | General Or Managing PartnerGeneralOrManagingPartner | Percentage OwnershipPercentageOwnership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IFF Capital LLC | |||||||||||||
| One N LaSalle St Ste 700 | Chicago | IL | 60602 | 030477974 | Lending | IL | N/A | Related | 1 | 1011 | 1 | 1 | 0.00010 |
| IFF Capital II LLC | |||||||||||||
| One N LaSalle St Ste 700 | Chicago | IL | 60602 | 205277860 | Lending | IL | N/A | Related | 365 | 8608 | 1 | 1 | 0.00100 |
| Chase NMTC II LLC | |||||||||||||
| One N LaSalle St Ste 700 | Chicago | IL | 60602 | 205647038 | Lending | DE | N/A | Related | 24 | 166942 | 1 | 1 | 0.00100 |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IFF NMTC Senior Lender LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 911 Washington Ave Suite 203 | AddressLine1 |
| City | St Louis | City |
| State | MO | State |
| ZIP Code | 63101 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 274447027 | EIN |
| Primary Activity | Lending | PrimaryActivity |
| Legal Domicile State | MO | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IFF | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | C | TypeOfEntity |
| Share Of Total Income | 16783 | ShareOfTotalIncome |
| Share Of EOY Assets | 6743467 | ShareOfEOYAssets |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 1 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| IFF NMTC Senior Lender LLC | ||
| A | 143525 | cash Value |
| IFF NMTC Senior Lender LLC | ||
| B | 2711797 | cash Value |
| IFF NMTC Senior Lender LLC | ||
| D | 4013306 | cash Value |
Comments