2012-08-14T08:43:53-05:00 2011-09-30 BDO USA LLP 7101 WISCONSIN AVE SUITE 800 BETHESDA MD 208144827 990 2010-10-01 521954196 RAZA DEVELOPMENT FUND INC RAZA 6024171403 1 E WASHINGTON STREET NO 2250 PHOENIX AZ 85004 TOM ESPINOZA 6024171403 2012-08-14 1 JOYCE M UNDERWOOD 3016544900 2010 2016-02-24 21:20:13Z TOM ESPINOZA 1 E WASHINGTON STREET NO 2250 PHOENIX AZ 85004 6478824 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 7 19 0 0 0 2659234 2345766 3915278 4004962 188720 128096 0 0 6763232 6478824 6000 295000 0 0 1842956 2009895 0 0 83022 3407659 2020567 5256615 4325462 1506617 2153362 105018275 107506957 56705362 57040682 48312913 50466275 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 3078308 295000 4004962 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 16. 3078308 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 0 1 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 11 0 1 19 1 0 0 0 0 0 0 0 0 0 0 X 10 7 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 DIRECTOR OF FINANCE 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 35.00 X 0 286603 29641 ART RUIZ 1.00 X 0 0 0 JOSEPH REILLY 1.00 X 0 0 0 JANIS BOWDLER 1.00 X 0 81343 15113 KENNETH I TRUJILLO 1.00 X 0 0 0 TOM ESPINOZA 38.00 X X 238847 0 0 MARK VAN BRUNT 40.00 X 201554 0 0 ALEJANDRO FUENTES 40.00 X 145134 0 0 DAVID CLOWER 40.00 X 45015 0 0 JIM FORD 36.00 X 128214 0 0 BERNARDA DUARTE 40.00 X 110231 0 0 ANGELA STEPHENSON 40.00 X 105922 0 0 LAURA KOZEL 40.00 X 160046 0 0 1134963 367946 44754 7 1 1 0 0 445766 1900000 2345766 LOAN INTEREST INCOME 522299 3527321 3527321 LOAN FEES 522299 469445 469445 8196 8196 4004962 128096 128096 6478824 4004962 0 128096 295000 295000 881561 567070 289954 24537 662908 426420 218037 18451 91493 60385 27448 3660 271333 179078 81402 10853 102600 67716 30780 4104 6767 553 6175 39 68973 68892 81 91100 91100 143306 108380 34926 143236 5000 138236 32643 23906 7689 1048 23870 18499 4220 1151 133627 84239 44049 5339 223107 159460 56627 7020 1745287 1745287 18240 18240 121724 88590 29552 3582 SERVICE CHARGES 39691 34709 4813 169 THIRD-PARTY CONTRACTS 35000 35000 TRAVEL BOARD MEMBERS 31311 248 31063 REPAIR & MAINTENANCE 30339 21199 8233 907 LOAN LOSS RESERVE -963709 -963709 96055 69146 24747 2162 4325462 3078308 1164132 83022 35126613 31150260 14041630 566952 555607 809561 1635337 52991622 59901986 97858 84286 267939 192687 47168 75252 62599 15378501 0 105018275 107506957 303130 183060 161000 161000 620740 326282 104300 6800000 55900000 49100000 14950 71582 56705362 57040682 X 33658294 35765211 14654619 14701064 48312913 50466275 105018275 107506957 2153362 0 X X 0 1 1 X 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 267939 192687 75252 75252 DUE TO NATIONAL COUNCIL OF LA RAZA, INC. 71582 71582 6478824 4325462 2153362 0 2153362 6478824 0 6478824 0 6478824 4325462 0 4325462 0 4325462 PART IV, LINE 2B: NMTC DEPOSIT - ST. JOSEPH HIGH SCHOOL $29,300 NMTC DEPOSIT - FOOD BANK RIO GRANDE VALLEY $75,000 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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, 2011 AND 2010. THE TAX YEARS SUBJECT TO EXAMINATION BY MAJOR JURISDICTIONS INCLUDED THE YEARS 2007 AND FORWARD BY THE IRS AND THE DISTRICT OF COLUMBIA. 0 CASA DE MARYLAND 8151 15TH AVE HYATTSVILLE MD 20783 521372972 501(C)(3) 25000 PREDEVELOPMENT GRANT CESAR CHAVEZ COMMUNITY SCHOOL 1325 PALOMAS DR SE ALBUQUERQUE NM 87108 200948759 501(C)(3) 10000 PREDEVELOPMENT GRANT EL CENTRO DE SERVICIOS SOCIALES INC 1888 EAST 31 STREET LORAIN OH 44055 341165756 501(C)(3) 20000 PREDEVELOPMENT GRANT FIELD 410 W J STREET STE A TECHACHAPI CA 85201 953276531 501(C)(3) 20000 PREDEVELOPMENT GRANT HOUSING OUR COMMUNITIES INC 251 W MAIN STE 2 MESA AZ 85201 860616399 501(C)(3) 25000 PREDEVELOPMENT GRANT LAUNCHPAD DEVELOPMENT 420 FLORENCE ST 300 PALO ALTO CA 94301 271813337 501(C)(3) 23000 PREDEVELOPMENT GRANT MAGGIE'S PLACE INC 4001 N 30TH ST PHOENIX AZ 85015 860972675 501(C)(3) 25000 PREDEVELOPMENT GRANT SAN JUAN DIEGO INSTITUTE ONE E WASHINGTON ST STE 2250 PHOENIX AZ 85004 030500912 501(C)(3) 10000 MATCHING GRANT FOR LATINO DOCUMENTARY UNITED MIGRANT OPPORTUNITY SERVICES 2701 S CHASE AVE MILWAUKEE WI 53207 391047172 501(C)(3) 20000 FARMWORKER HOUSING PREDEVELOPMENT EDCO 1107 S 8TH ST AUSTIN TX 78704 203003718 501(C)(3) 25000 START UP COSTS AR LAAAE CHARTER SCHOOL 600 SOUTH LA FAYETTE PARK PLACE LOS ANGELES CA 90057 542170689 501(C)(3) 85000 LOAN GUARANTEE GRANT FOR CHARTER SCHOOL X X 0 0 0 0 0 0 0 0 0 JANET MURGUIA 0 284283 0 0 0 2320 0 15312 0 14329 0 316244 0 0 TOM ESPINOZA 223536 0 15311 0 0 0 0 0 0 0 238847 0 0 0 MARK VAN BRUNT 187364 0 14190 0 0 0 0 0 0 0 201554 0 0 0 LAURA KOZEL 146172 0 13874 0 0 0 0 0 0 0 160046 0 0 0 SAN JUAN DIEGO INSTITUTE RDF BOARD MEMBER IS BOARD MEMBER OF SAN JUAN DIEGO INSTITUTE 10000 MATCHING GRANT - FOR LATINO DOCUMENTARY 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 DIRECTOR OF FINANCE. 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 DIRECTOR OF FINANCE. 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 SCHOOL BUILDING FUND LLC 1 E WASHINGTON STREET STE 2250 PHOENIX AZ 85004 521954196 LENDING CAPITAL TO CHARTER AZ 5211 692580 N/A 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 0 25000 N/A 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 N/A RELATED 0 1 0.00010 PARTNERSHIPS OF HOPE III 1 E WASHINGTON ST 2250 PHOENIX AZ 85504 272096840 COMMUNITY DEVELOPMENT AZ N/A 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 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0