2026-05-11T17:41:17-05:00 2025-06-30 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2024-07-01 463612187 CITIES FOR FINANCIAL EMPOWERMENT FUND INC CITI 6463621639 44 WALL STREET - SUITE 1050 NEW YORK NY 100052443 JONATHAN MINTZ PRESIDENT AND CEO 6463621639 2026-05-11 1 0 MICHAEL WALLACE P00881958 2126972299 2024 2025-03-06 01:10:19Z JONATHAN MINTZ 44 WALL STREET - SUITE 1050 NEW YORK NY 100052443 17266819 0 X WWW.CFEFUND.ORG X 2013 NY HELP MUNICIPALITIES BUILD PROGRAMS AND STRATEGIES TO SUPPORT HOUSEHOLD FINANCIAL STABILITY. 8 6 34 6 0 0 3228700 16352511 0 0 663658 892341 114440 21967 4006798 17266819 4114234 4854081 0 0 4439370 5073551 0 80000 860874 3699218 4313666 12252822 14321298 -8246024 2945521 23644509 27129516 9918054 10349105 13726455 16780411 X SEE SCHEDULE OTHE CFE FUND'S MISSION IS TO LEVERAGE MUNICIPAL ENGAGEMENT TO IMPROVE THE FINANCIAL STABILITY OF HOUSEHOLDS BY EMBEDDING FINANCIAL EMPOWERMENT STRATEGIES INTO LOCAL GOVERNMENT INFRASTRUCTURE. THE CFE FUND FOCUSES PROGRAMMATIC, RESEARCH, AND POLICY EFFORTS TOWARDS DESIGNING, EMBEDDING, AND REPLICATING FINANCIAL EMPOWERMENT INITIATIVES WITHIN LOCAL GOVERNMENT. 0 0 8108471 3290000 FINANCIAL EMPOWERMENT CENTERSMUNICIPAL FINANCIAL EMPOWERMENT CENTERS (FECS) OFFER PROFESSIONAL, ONE-ON-ONE FINANCIAL COUNSELING AS A FREE PUBLIC SERVICE. THE MODEL, FIRST PILOTED IN NEW YORK CITY, IS NOW ACTIVE IN 39 CITIES AND COUNTIES, HELPING OVER 200,000 CLIENTS REDUCE DEBT BY MORE THAN $344 MILLION AND INCREASE SAVINGS BY OVER $69 MILLION; DOZENS OF ADDITIONAL LOCAL GOVERNMENTS ARE WORKING TO LAUNCH A LOCAL FEC INITIATIVE. EACH PARTNER HAS SEEN INCREDIBLE DEMAND FOR FEC SERVICES AND HAS QUICKLY REALIZED THE IMPORTANCE OF THIS WORK; MANY HAVE TRANSITIONED SUCCESSFULLY FROM PRIVATE INVESTMENT INTO ONGOING PUBLIC FUNDING SUSTAINABILITY. (CONTINUED ON SCHEDULE O)THE CFE FUND'S FEC ACADEMY ENTRY POINT GUIDES CITIES AND COUNTIES THROUGH EACH STEP OF PLANNING TO LAUNCH THE MODEL LOCALLY. THIS YEAR, THE CFE FUND ALSO INTRODUCED LEGACY PLANNING AS A NEW FEC SERVICE PLAN; COUNSELORS CAN NOW HELP CLIENTS PROTECT THEIR ASSETS, PLAN FOR RETIREMENT, AND ACCESS RESOURCES TO HELP THEM CREATE LEGAL DOCUMENTS LIKE WILLS. FINALLY, THE CFE FUND IS PILOTING A NEW ENHANCEMENT TO THE FEC MODEL FOCUSING ON SMALL BUSINESS AND ENTREPRENEURSHIP SERVICES. 1210987 600000 CITY START THE CITYSTART INITIATIVE PROVIDES STRUCTURED SUPPORT TO HELP LOCAL GOVERNMENTS IDENTIFY FINANCIAL EMPOWERMENT GOALS, CONVENE RELEVANT STAKEHOLDERS, AND DEVELOP ACTIONABLE STRATEGIES, CULMINATING IN THE CREATION OF A "WEALTH EQUITY BLUEPRINT," ROOTED IN LOCAL INSIGHTS. THIS TWO-PHASE ENGAGEMENT COMBINES CRITICAL INSIGHTS ABOUT THE IMPACT OF FINANCIAL INSTABILITY ON MUNICIPAL GOVERNMENTS WITH TANGIBLE STRATEGIES TO HELP RESIDENTS BUILD FINANCIAL STABILITY. THE CFE FUND HAS SUPPORTED 50 MUNICIPALITIES THROUGH THE CITYSTART INITIATIVE. 1121076 480000 FINANCIAL EMPOWERMENT CITIES ACROSS 150 MUNICIPALITIES AND YEARS OF WORK, THE CFE FUND'S PROGRAMMATIC EXPERIENCE HAVE SHOWN THAT FINANCIAL EMPOWERMENT EFFORTS CAN ACHIEVE SUCCESSFUL OUTCOMES IN BOTH IMPACT AND SCALE WHEN THEY ARE LED BY LOCAL GOVERNMENT. THROUGH THE FINANCIAL EMPOWERMENT CITIES (FE CITIES) INITIATIVE, THE CFE FUND SUPPORTS MUNICIPALITIES TO MORE DEEPLY INVEST IN THEIR FINANCIAL EMPOWERMENT WORK BY CREATING A DEDICATED OFFICE OF FINANCIAL EMPOWERMENT (OFE). EACH COHORT OF FE CITIES LEADERS COMPLETES A TWO-YEAR TRAINING PROGRAM, WORKING WITH THE CFE FUND TO LAUNCH AND LEAD OFES IN THEIR RESPECTIVE MUNICIPALITIES. THE CFE FUND HAS SUPPORTED 10 MUNICIPALITIES THROUGH THE FE CITIES INITIATIVE. 1843715 484081 9600 ADDITIONAL CFE FUND PROGRAMS INCLUDE: SUPPORTING THE CFE COALITION, AN INVITATION-ONLY GROUP OF 19 CITIES ON THE CUTTING EDGE OF MUNICIPAL FINANCIAL EMPOWERMENT; LIAISING NATIONALLY WITH BANKING, REGULATORY, AND NONPROFIT ORGANIZATION PARTNERS TO ENSURE THAT EVERYONE HAS ACCESS TO SAFE, AFFORDABLE BANKING; CONNECTING LOCAL EMERGENCY MANAGEMENT LEADERSHIP WITH COMMUNITY AND GOVERNMENT FINANCIAL EMPOWERMENT RESOURCES TO ENSURE THAT EMERGENCY RESPONSE PROTOCOLS INCORPORATE PERSONAL FINANCE CONSIDERATIONS; DEVELOPING CONSUMER FINANCIAL PROTECTION CAPACITY; AND USING THE SCALE AND INFRASTRUCTURE OF MUNICIPAL YOUTH EMPLOYMENT PROGRAMS TO INTEGRATE TARGETED FINANCIAL EDUCATION AND BANKING ACCESS STRATEGIES. 1843715 484081 9600 12284249 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 1 34 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X LISA NICOLLE GRIST 6463621639 44 WALL STREET SUITE 1050 NEW YORK NY 10005 JONATHAN MINTZ PRESIDENT AND CEO 40.00 X X 456946 0 18865 KAREN FREEMAN-WILSON BOARD CHAIR 1.00 X X 0 0 0 JOSE CISNEROS TREASURER 1.00 X X 0 0 0 CATHLEEN MAHON SECRETARY 1.00 X X 0 0 0 NAOMI GENDLER CAMPER BOARD MEMBER 1.00 X 0 0 0 LATIA CURRY HARRISON BOARD MEMBER 1.00 X 0 0 0 MARTIN GRUENBERG BOARD MEMBER 1.00 X 0 0 0 LEIGH PHILLIPS BOARD MEMBER 1.00 X 0 0 0 AMELIA ERWITT CHIEF OPERATING OFFICER 40.00 X 264113 0 47397 LISA NICOLLE GRIST CHIEF RESEARCH, EVALUATION & FINANCE 40.00 X 213763 0 23556 TAMARA LINDSAY CHIEF - STRATEGY 40.00 X 195063 0 24081 KAITLIN PLAT CHIEF- COMMUNICATIONS & DEVELOPMENT 40.00 X 169148 0 21858 DAVID ROTHSTEIN SENIOR PRINCIPAL 40.00 X 157895 0 28146 KANT DESAI SENIOR PRINCIPAL 40.00 X 139157 0 40900 VICTORIA SELKOWE SENIOR PRINCIPAL 40.00 X 143018 0 33466 ELISA LOPEZ SENIOR DIRECTOR 40.00 X 113330 0 28737 AARON HIRSH PRINCIPAL 40.00 X 109758 0 14110 1962191 0 281116 15 0 1 0 MDRC 200 VESEY STREET FL 23 NEW YORK NY 10281 PROGRAM EVALUATION 600000 HIGHER ED INSIGHT LLC 8115 OLD DOMINION DR STE 200 MCLEAN VA 22102 PROGRAM EVALUATION 482579 SOLIANT CONSULTING INC 14 N PEORIA STE 2H CHICAGO IL 60607 DATABASE AND WEBSITE DEVELOPMENT AND MAI 313364 GROUP GORDON 747 THIRD AVE FL 32 NEW YORK NY 10017 COMMUNICATIONS STRATEGY 190800 SIGHTLINES GROUP INC 1610 GLASCO TURNPIKE D2 WOODSTOCK NY 12498 DATABASE DEVELOPMENT AND MAINTENANCE 155423 7 16352511 16352511 892341 892341 MISCELLANEOUS INCOME 900099 21967 9600 12367 21967 17266819 9600 0 904708 4854081 4854081 1505575 751614 352898 401063 2688643 2229222 322155 137266 133016 109986 15533 7497 433482 318059 64168 51255 312835 224004 49596 39235 97912 97136 641 135 123001 123001 80000 80000 41137 30265 6061 4811 435365 409354 14501 11510 677632 483151 108422 86059 253195 232912 13049 7234 69156 49309 11065 8782 RESEARCH AND EVALUATION 817740 817740 SITE VISITS AND CONVENI 734927 705948 16772 12207 PROGRAM SUPPORT SERVICE 654411 654411 COMMUNICATIONS 302966 290036 7208 5722 106224 27021 71105 8098 14321298 12284249 1176175 860874 989001 1010665 15319643 19157226 1033334 1007418 138524 143348 2318007 1671199 633839 646808 5530168 5164051 23644509 27129516 781976 711431 3577749 4425000 5558329 5212674 9918054 10349105 X 4747749 7549058 8978706 9231353 13726455 16780411 23644509 27129516 X 2945521 108435 X 0 1 X 1 0 X 7922989 27212000 7183300 3228700 16352511 61899500 7922989 27212000 7183300 3228700 16352511 61899500 42950884 18948616 56455 37330 420253 663658 892341 2070037 1160 8527 8241 4530 21967 44425 64013962 16800 0.29600 0.18660 X PART II, SECTION C, LINE 17A, FACTS AND CIRCUMSTANCES TEST: THE CFE FUND WAS ESTABLISHED TO HELP LOCAL GOVERNMENTS BUILD PROGRAMS AND STRATEGIES TO SUPPORT HOUSEHOLD FINANCIAL STABILITY. THE CFE FUND QUALIFIES AS A PUBLICLY SUPPORTED CHARITY DESCRIBED IN INTERNAL REVENUE CODE SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI) BECAUSE IT MEETS THE 10% FACTS AND CIRCUMSTANCES TEST SET FORTH IN TREASURY REGULATION SECTION 1.170A-9(F)(3) FOR THE 2024 TAX YEAR. THE CFE FUND HAS A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC AND COMMUNITY. THE CFE FUND BUILDS RELATIONSHIPS WITH A WIDE RANGE OF FOUNDATIONS, CORPORATIONS, AND NON-PROFIT ORGANIZATIONS INTERESTED IN IMPROVING THE FINANCIAL STABILITY OF HOUSEHOLDS AND COMMUNITIES WITH LOW- AND MODERATE-INCOMES. THESE ENTITIES OFTEN INVITE THE CFE FUND TO APPLY FOR FUNDS, AND THE CFE FUND ALSO SUBMITS UNSOLICITED PROPOSALS TO SIMILAR ENTITIES. THE CFE FUND'S 97 DIFFERENT SOURCES OF SUPPORT INCLUDE NATIONAL, REGIONAL, AND FAMILY FOUNDATIONS, FINANCIAL INSTITUTIONS INVOLVED IN CONSUMER BANKING AND INSURANCE, AND NON-PROFIT ORGANIZATIONS SUCH AS LIVING CITIES (THE NATIONAL COMMUNITY DEVELOPMENT INITIATIVE). IN ITS FIRST FIVE YEARS OF OPERATION AS A 501(C)3 ORGANIZATION, PUBLIC SUPPORT EQUALED FROM 47.94% TO 34.67% OF THE TOTAL SUPPORT RECEIVED BY THE CFE FUND. FOR THE 2024 TAXABLE YEAR, THE CFE FUND HAS A PUBLIC SUPPORT PERCENTAGE OF 29.60%. THE CFE FUND IS GOVERNED BY A BOARD OF DIRECTORS THAT INCLUDES ELECTED OFFICIALS AND OTHER INDIVIDUALS WHO ARE PROMINENT MEMBERS OF THE FINANCIAL EMPOWERMENT COMMUNITY AND HAVE SPECIAL KNOWLEDGE OF AND SIGNIFICANT EXPERTISE IN FINANCIAL EMPOWERMENT AND LOCAL GOVERNMENT STRATEGIES AND OPERATIONS. THE CFE FUND'S ENTIRE AND CONTINUOUS OPERATIONS ARE DEDICATED TO BUILDING AND ENHANCING SERVICES THAT BENEFIT THE GENERAL PUBLIC. ITS BANK ON INITIATIVE HAS INSPIRED MORE THAN 500 FINANCIAL INSTITUTIONS TO OFFER SAFE AND AFFORDABLE TRANSACTION ACCOUNTS THAT HAVE REACHED OVER 23 MILLION PEOPLE, PROTECTING THEM FROM OVERDRAFT FEES AND GIVING THEM A FOUNDATION FOR FUTURE ASSET BUILDING. ITS SUMMER JOBS CONNECT PROGRAM, AS PART OF BANK ON, HAS CONNECTED 1.5 MILLION YOUNG PEOPLE IN 55 CITIES TO SAFE BANKING ACCESS AND TARGETED FINANCIAL EDUCATION, SUPPORTING THEIR CAREER AND PERSONAL DEVELOPMENT. ITS FINANCIAL EMPOWERMENT CENTER INITIATIVE HAS PROVIDED FREE PROFESSIONAL FINANCIAL COUNSELING TO OVER 211,000 PEOPLE, HELPING THEM SAVE OVER $77 MILLION AND REDUCE DEBT BY OVER $370 MILLION. ITS CITYSTART INITIATIVE HAS HELPED CITY MANAGERS ENGAGE OVER 1,200 RESIDENTS AND REPRESENTATIVES OF LOCAL ORGANIZATIONS IN SHAPING MUNICIPAL STRATEGIES FOR PROVIDING ADDITIONAL FINANCIAL EMPOWERMENT SERVICES TO THE PUBLIC. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 113282 17429 95853 290276 123053 167223 1914449 1530717 383732 646808 SECURITY DEPOSIT 313885 OPERATING LEASE RIGHT-OF-USE ASSET 4790002 SUBGRANT RETURNS RECEIVABLES 60164 5164051 OPERATING LEASE LIABILITY 5212674 5212674 17633717 170044 196854 366898 17266819 0 17266819 14579761 170044 88419 258463 14321298 0 14321298 PART XII, LINE 2D - OTHER ADJUSTMENTS: GRANTS REISSUED FROM RETURN OF RESTRICTED GRANT FUNDING 88,419. X X 1 STOTT DEVELOPMENT SOLUTIONS GROUP 4516 WOODDALE AVE EDINA MN 55424 IDENTIFY STRATEGIES AND OPPORTUNITIES TO SUPPORT CFE FUND 0 0 80000 0 80000 NY DE IA ID IN MT NE SD UT VT WY 1 ALLEGHENY COUNTY 1 SMITHFIELD STREET PITTSBURGH PA 15222 256001017 50000 0 LAUNCHING A LOCAL FINANCIAL EMPOWERMENT CENTER (FEC) INITIATIVE ALLEGHENY COUNTY 1 SMITHFIELD STREET PITTSBURGH PA 15222 256001017 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL ASPEN COMMUNITY FOUNDATION 455 GOLD RIVERS COURT SUITE 515 BASALT CO 81621 840829226 501(C)(3) 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL CITY OF AKRON 166 S HIGH STREET AKRON OH 44308 346000020 90000 0 PILOTING MUNICIPALLY-LED FINANCIAL COUNSELING TO ADDRESS SMALL BUSINESS DEVELOPMENT CITY OF AKRON 166 S HIGH STREET AKRON OH 44308 346000020 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL CITY OF ALBUQUERQUE 1 CIVIC PLAZA NW ROOM 1080B PO BOX 17 ALBUQUERQUE NM 87102 856000102 70000 0 SUPPORTING A FULL-TIME LEADER TO PLAN A MUNICIPAL OFFICE OF FINANCIAL EMPOWERMENT CITY OF ALBUQUERQUE FOUNDATION ONE CIVIC PLAZA ALBUQUERQUE NM 87102 850295444 501(C)(3) 25000 0 EXPANDING AND SUPPORTING THE CAPACITY OF A LOCAL BANK ON COALITION. CITY OF AURORA 44 E DOWNER PLACE AURORA IL 60507 366005778 90000 0 PILOTING MUNICIPALLY-LED FINANCIAL COUNSELING TO ADDRESS SMALL BUSINESS DEVELOPMENT CITY OF AURORA 44 E DOWNER PLACE AURORA IL 60507 366005778 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL CITY OF BALTIMORE 417 E FAYETTE STREET SUITE 468 BALTIMORE MD 21202 526000769 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL CITY OF BROOKLYN PARK 5200 85TH AVENUE N BROOKLYN PARK MN 55443 416008804 20000 0 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS. CITY OF CHARLESTON SC 75 CALHOUN STREET SUITE 3700 CHARLESTON SC 29403 576000226 200000 0 LAUNCHING A LOCAL FINANCIAL EMPOWERMENT CENTER (FEC) INITIATIVE CITY OF CLARKSVILLE TN 1 PUBLIC SQUARE SUITE 201 CLARKSVILLE TN 37040 626000261 20000 0 PLANNING TO LAUNCH A LOCAL FINANCIAL EMPOWERMENT CENTER (FEC) INITIATIVE CITY OF COLUMBUS 90 WEST BROAD STREET 1ST FLOOR COLUMBUS OH 43215 316400223 90000 0 PILOTING MUNICIPALLY-LED FINANCIAL COUNSELING TO ADDRESS SMALL BUSINESS DEVELOPMENT CITY OF COLUMBUS 90 WEST BROAD STREET 1ST FLOOR COLUMBUS OH 43215 316400223 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL CITY OF DALLAS 1500 MARILLA STREET 6BN DALLAS TX 75201 756000508 70000 0 SUPPORTING A FULL-TIME LEADER TO PLAN A MUNICIPAL OFFICE OF FINANCIAL EMPOWERMENT CITY OF DETROIT 2 WOODWARD AVENUE SUITE 1126 DETROIT MI 48226 386004606 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL CITY OF GAITHERSBURG 31 S SUMMIT AVENUE GAITHERSBURG MD 20877 526000792 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL CITY OF JACKSON TN 121 E MAIN STREET SUITE 203 JACKSON TN 38301 626000316 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL CITY OF JACKSON TN 121 E MAIN STREET SUITE 203 JACKSON TN 38301 626000316 20000 0 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS. CITY OF KANSAS CITY MO 414 E 12TH STREET SUITE 404 KANSAS CITY MO 64106 446000201 100000 0 CONVENING STAKEHOLDERS AND CREATING A MUNICIPAL FINANCIAL EMPOWERMENT BLUEPRINT CITY OF LANSING 124 W MICHIGAN AVENUE 8TH FLOOR LANSING MI 48933 386004628 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL CITY OF LITTLE ROCK AR 500 W MARKHAN STREET SUITE B-10 LITTLE ROCK AR 72201 716014465 100000 0 SUPPORTING A FULL-TIME LEADER TO PLAN A MUNICIPAL OFFICE OF FINANCIAL EMPOWERMENT CITY OF MADISON 215 MARTIN LUTHER KING JR BOULEVARD SUITE 300 MADISON WI 53703 396005507 40000 0 INDENTIFYING AND IMPLEMENTING STRATEGIES TO CONNECT AT-RISK YOUTH TO BANKING CITY OF MEMPHIS TN 170 N MAIN STREET MEMPHIS TN 38103 626000361 100000 0 CONVENING STAKEHOLDERS AND CREATING A MUNICIPAL FINANCIAL EMPOWERMENT BLUEPRINT CITY OF MILWAUKEE WI 200 E WELLS STREET ROOM 103 MILWAUKEE WI 53202 396005532 50000 0 LAUNCHING A LOCAL FINANCIAL EMPOWERMENT CENTER (FEC) INITIATIVE CITY OF MILWAUKEE WI 200 E WELLS STREET ROOM 103 MILWAUKEE WI 53202 396005532 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL CITY OF MOUNT VERNON NY 1 ROOSEVELT SQUARE SUITE 211 MOUNT VERNON NY 10552 132574843 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL CITY OF NEW HAVEN 165 CHURCH STREET NEW HAVEN CT 06511 066001876 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL CITY OF NORFOLK VA 501-A BOUSH STREET NORFOLK VA 23510 546001455 20000 0 PLANNING TO LAUNCH A LOCAL FINANCIAL EMPOWERMENT CENTER (FEC) INITIATIVE CITY OF PATERSON 155 MARKET STREET PATERSON NJ 07505 226002200 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL CITY OF PHILADELPHIA 1401 JFK BOULEVARD PHILADELPHIA PA 19102 236003047 185000 0 LAUNCHING A LOCAL FINANCIAL EMPOWERMENT CENTER (FEC) INITIATIVE CITY OF PUEBLO CO 1 CITY HALL PLACE PUEBLO CO 81003 846000615 100000 0 LAUNCHING A LOCAL FINANCIAL EMPOWERMENT CENTER (FEC) INITIATIVE CITY OF PUEBLO CO 1 CITY HALL PLACE PUEBLO CO 81003 846000615 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL CITY OF RACINE 730 WASHINGTON AVENUE RACINE WI 53403 396005581 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL CITY OF ROCHESTER 30 CHURCH STREET ROCHESTER NY 14614 166002551 90000 0 PILOTING MUNICIPALLY-LED FINANCIAL COUNSELING TO ADDRESS SMALL BUSINESS DEVELOPMENT CITY OF ROCHESTER 30 CHURCH STREET ROCHESTER NY 14614 166002551 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL CITY OF SACRAMENTO 915 I STREET SACRAMENTO CA 95814 946000410 90000 0 PILOTING MUNICIPALLY-LED FINANCIAL COUNSELING TO ADDRESS SMALL BUSINESS DEVELOPMENT CITY OF SACRAMENTO 915 I STREET SACRAMENTO CA 95814 946000410 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL CITY OF SACRAMENTO 915 I STREET SACRAMENTO CA 95814 946000410 70000 0 SUPPORTING A FULL-TIME LEADER TO PLAN A MUNICIPAL OFFICE OF FINANCIAL EMPOWERMENT CITY OF SALINAS CA 200 LINCOLN AVENUE SALINAS CA 93901 946000412 20000 0 PLANNING TO LAUNCH A LOCAL FINANCIAL EMPOWERMENT CENTER (FEC) INITIATIVE CITY OF SAN ANTONIO 100 W HOUSTON STREET 9TH FLOOR SAN ANTONIO TX 78205 746002070 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL CITY OF SAN JOSE 5730 CHAMBERTIN DRIVE SAN JOSE CA 95118 453156415 40000 0 INDENTIFYING AND IMPLEMENTING STRATEGIES TO CONNECT AT-RISK YOUTH TO BANKING CITY OF SANTA FE 200 LINCOLN AVENUE SANTA FE NM 87501 856000168 20000 0 PLANNING TO LAUNCH A LOCAL FINANCIAL EMPOWERMENT CENTER (FEC) INITIATIVE CITY OF SAVANNAH 801 E GWINNETT STREET SAVANNAH GA 31401 586000660 100000 0 CONVENING STAKEHOLDERS AND CREATING A MUNICIPAL FINANCIAL EMPOWERMENT BLUEPRINT CITY OF SHREVEPORT 715 TEXAS STREET SUITE 102 SHREVEPORT LA 71101 726001326 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL CITY OF SOUTH BEND 227 W JEFFERSON BOULEVARD SUITE 1400 S SOUTH BEND IN 46601 356001201 75000 0 LAUNCHING A LOCAL FINANCIAL EMPOWERMENT CENTER (FEC) INITIATIVE CITY OF SOUTH BEND 227 W JEFFERSON BOULEVARD SUITE 1400 S SOUTH BEND IN 46601 356001201 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL CITY OF SOUTH BEND 227 W JEFFERSON BOULEVARD SUITE 1400 S SOUTH BEND IN 46601 356001201 20000 0 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS. CITY OF SOUTH SAN FRANCISCO CA 400 GRAND AVENUE PO BOX 711 SOUTH SAN FRANCISCO CA 94080 946000435 20000 0 PLANNING TO LAUNCH A LOCAL FINANCIAL EMPOWERMENT CENTER (FEC) INITIATIVE CITY OF SPRINGFIELD MA 36 COURT STREET SPRINGFIELD MA 01103 046001415 100000 0 CONVENING STAKEHOLDERS AND CREATING A MUNICIPAL FINANCIAL EMPOWERMENT BLUEPRINT CITY OF ST LOUIS 1200 MARKET STREET ST LOUIS MO 63103 436003231 20000 0 PLANNING TO LAUNCH A LOCAL FINANCIAL EMPOWERMENT CENTER (FEC) INITIATIVE CITY OF ST PETERSBURG FL ONE 4TH STREET N 5TH FLOOR PETERSBURG FL 33701 596000424 100000 0 CONVENING STAKEHOLDERS AND CREATING A MUNICIPAL FINANCIAL EMPOWERMENT BLUEPRINT CITY OF TALLAHASSEE FL 300 S ADAMS STREET TALLAHASSEE FL 32301 596000435 20000 0 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS. CITY OF TEMPE AZ 3500 S RURAL ROAD SUITE 202 TEMPE AZ 85282 866000262 20000 0 PLANNING TO LAUNCH A LOCAL FINANCIAL EMPOWERMENT CENTER (FEC) INITIATIVE CITY OF TULSA 175 E SECOND STREET SUITE 1570 TULSA OK 74103 736005470 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL CITY OF WACO 209 S 28TH STREET WACO TX 76710 746002468 20000 0 PLANNING TO LAUNCH A LOCAL FINANCIAL EMPOWERMENT CENTER (FEC) INITIATIVE COMMUNITY FOUNDATION OF NEW JERSEY 35 KNOX HILL ROAD MORRISTOWN NJ 07960 222281783 501(C)(3) 40000 0 INDENTIFYING AND IMPLEMENTING STRATEGIES TO CONNECT AT-RISK YOUTH TO BANKING EMPLOY MILWAUKEE 2342 N 27TH STREET MILWAUKEE WI 53210 391636835 501(C)(3) 20000 0 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS. EQUAL JUSTICE WORKS 1730 M STREET NW 800 WASHINGTON DC 20036 521469738 501(C)(3) 280000 0 FACILITATE A LEGAL FELLOWSHIP PROGRAM TO PROVIDE LEGAL ASSISTANCE TO FEC CLIENTS FINANCIAL EDUCATION OF MINNESOTA 5871 CEDAR LAKE ROAD S SUITE 105 ST LOUIS PARK MN 55416 453838047 501(C)(3) 25000 0 EXPANDING AND SUPPORTING THE CAPACITY OF A LOCAL BANK ON COALITION FINANCIAL EMPOWERMENT NETWORK 17701 108TH AVENUE SE 101 RENTON WA 98055 822691437 501(C)(3) 25000 0 EXPANDING AND SUPPORTING THE CAPACITY OF A LOCAL BANK ON COALITION GREENVILLE COUNTY 301 UNIVERSITY RIDGE GREENVILLE SC 29601 576000356 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL JEFFERSON COUNTY WI 311 S CENTER AVENUE JEFFERSON WI 53549 396005705 100000 0 LAUNCHING A LOCAL FINANCIAL EMPOWERMENT CENTER (FEC) INITIATIVE LEON COUNTY GOVERNMENT FL 301 S MONROE STREET SUITE 202 TALLAHASSEE FL 32301 596000708 20000 0 PLANNING TO LAUNCH A LOCAL FINANCIAL EMPOWERMENT CENTER (FEC) INITIATIVE LOUISVILLE METRO GOVERNMENT 701 WEST ORMSBY AVENUE SUITE 201 LOUISVILLE KY 40203 320049006 90000 0 PILOTING MUNICIPALLY-LED FINANCIAL COUNSELING TO ADDRESS SMALL BUSINESS DEVELOPMENT LOUISVILLE METRO GOVERNMENT 701 W ORMSBY AVENUE SUITE 201 LOUISVILLE KY 40203 320049006 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL MAYOR'S FUND FOR LOS ANGELES 1000 N ALAMEDA LOS ANGELES CA 90012 471084641 501(C)(3) 70000 0 SUPPORTING A FULL-TIME LEADER TO PLAN A MUNICIPAL OFFICE OF FINANCIAL EMPOWERMENT MAYOR'S FUND TO ADVANCE NEW YORK CITY 253 BROADWAY 6TH FLOOR NEW YORK NY 10007 133783906 501(C)(3) 80000 0 INDENTIFYING AND IMPLEMENTING STRATEGIES TO CONNECT AT-RISK YOUTH TO BANKING MILWAUKEE COUNTY WI 600 N PLANKINTON AVENUE SUITE 600 MILWAUKEE WI 53203 396005720 100000 0 CONVENING STAKEHOLDERS AND CREATING A MUNICIPAL FINANCIAL EMPOWERMENT BLUEPRINT ORANGE COUNTY GOVERNMENT FL 201 S ROSALIND AVENUE ORLANDO FL 32802 596000773 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL PARACHUTE CREDIT COUNSELING GARDENVILLE PARKWAY WEST SENECA NY 14224 160909583 501(C)(3) 25000 0 EXPANDING AND SUPPORTING THE CAPACITY OF A LOCAL BANK ON COALITION POLK COUNTY 111 COURT AVENUE ROOM 315 DES MONIES IA 50309 426004519 100000 0 PILOTING MUNICIPALLY-LED FINANCIAL COUNSELING TO ADDRESS SMALL BUSINESS DEVELOPMENT POLK COUNTY 111 COURT AVENUE ROOM 315 DES MONIES IA 50309 426004519 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL SARASOTA COUNTY FL 1660 RINGLING BOULEVARD SARASOTA FL 34230 596000848 20000 0 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS. SHELBY COUNTY 157 POPLAR AVENUE MEMPHIS TN 38103 311712061 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL SHELBY COUNTY 157 POPLAR AVENUE MEMPHIS TN 38103 311712061 20000 0 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS. SUMMIT COUNTY OH 1180 S MAIN STREET SUITE 102 AKRON OH 44301 346002767 20000 0 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS. THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY 1 PUBLIC SQUARE NASHVILLE TN 37201 620694743 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY 1 PUBLIC SQUARE NASHVILLE TN 37201 620694743 100000 0 SUPPORTING A FULL-TIME LEADER TO PLAN A MUNICIPAL OFFICE OF FINANCIAL EMPOWERMENT UNITED WAY OF SOUTHEAST LOUISIANA 2401 CANAL STREET NEW ORLEANS LA 70119 720471369 501(C)(3) 25000 0 EXPANDING AND SUPPORTING THE CAPACITY OF A LOCAL BANK ON COALITION UNITED WAY OF THE PLAINS 245 N WATER STREET WICHITA KS 67202 480547688 501(C)(3) 25000 0 EXPANDING AND SUPPORTING THE CAPACITY OF A LOCAL BANK ON COALITION WASHTENAW COUNTY 200 NORTH MAIN STREET SUITE 300 ANN ARBOR MI 48104 386004894 50000 0 INCORPORATING LEGACY PLANNING INTO THE FEC MODEL WEALTH WATCHERS 5310 LENOX AVENUE SUITE 4 JACKSONVILLE FL 32205 010638984 501(C)(3) 25000 0 EXPANDING AND SUPPORTING THE CAPACITY OF A LOCAL BANK ON COALITION YOUNG VOICES 204 WESTMINSTER STREET SUITE 2A PROVIDENCE RI 02903 432103674 501(C)(3) 20000 0 INTEGRATING BANKING ACCESS AND FINANCIAL EMPOWERMENT INTO YOUTH EMPLOYMENT PROGRAMS ADJUSTMENT FOR RETURN OF RESTRICTED GRANT FUNDING AND DISCOUNTING TO PRESEN -90919 0 ADJUSTMENT FOR RETURN OF RESTRICTED GRANT FUNDING AND DISCOUNTING TO PRESENT VALUE. 85 0 PART I, LINE 2: ALL GRANT AGREEMENTS CONTAIN THE GRANTEE'S BUDGET FOR HOW THEY PLAN TO USE GRANT FUNDS, AND LANGUAGE ON PROPER USE OF FUNDS. GRANTEES ARE REQUIRED TO SUBMIT FINAL REPORTS WITH ACCOUNTING OF FUNDS SPENT ALONG WITH NARRATIVE REPORTS OUTLINING PROGRAM OPERATIONS AND BENCHMARKING PERFORMANCE AGAINST GRANT GOALS. IN ADDITION, CFE FUND STAFF ENSURE THAT GRANTS ARE USED FOR INTENDED PURPOSES THROUGH REGULAR ACTIVITIES SUCH AS PHONE CALLS AND SITE VISITS, WHICH OFTEN INCLUDE FIELD VISITS TO OBSERVE PROGRAMMATIC OPERATIONS. X X X X X 0 0 0 0 0 0 0 0 0 JONATHAN MINTZ PRESIDENT AND CEO 456946 0 0 0 0 0 18301 0 564 0 475811 0 0 0 AMELIA ERWITT CHIEF OPERATING OFFICER 264113 0 0 0 0 0 13823 0 33574 0 311510 0 0 0 LISA NICOLLE GRIST CHIEF RESEARCH, EVALUATION & FINANCE 213763 0 0 0 0 0 13014 0 10542 0 237319 0 0 0 TAMARA LINDSAY CHIEF - STRATEGY 195063 0 0 0 0 0 11500 0 12581 0 219144 0 0 0 KAITLIN PLAT CHIEF- COMMUNICATIONS & DEVELOPMENT 169148 0 0 0 0 0 9822 0 12036 0 191006 0 0 0 DAVID ROTHSTEIN SENIOR PRINCIPAL 157895 0 0 0 0 0 0 0 28146 0 186041 0 0 0 KANT DESAI SENIOR PRINCIPAL 139157 0 0 0 0 0 8250 0 32650 0 180057 0 0 0 VICTORIA SELKOWE SENIOR PRINCIPAL 143018 0 0 0 0 0 9000 0 24466 0 176484 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT HELPED PREPARE AND CONDUCTED A DETAILED REVIEW OF THE FORM 990. A COPY OF THE FORM 990 IS SENT ELECTRONICALLY BY MANAGEMENT TO THE FULL BOARD OF DIRECTORS FOR REVIEW PRIOR TO ITS SUBMISSION TO THE IRS. IT IS SENT WITH A COVER MEMO HIGHLIGHTING KEY ITEMS. BOARD MEMBERS ARE INVITED TO REPLY ELECTRONICALLY WITH COMMENTS OR QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS SUBMIT ANNUAL DISCLOSURES; TO DATE THERE HAVE NOT BEEN ANY CONFLICTS TO MONITOR. FORM 990, PART VI, SECTION B, LINE 15 TO ESTABLISH THE CEO'S STARTING COMPENSATION, THE BOARD OF DIRECTORS ESTABLISHED A COMPENSATION COMMITTEE, WHICH CONSISTED OF THE THEN-4 INDEPENDENT MEMBERS. THE COMMITTEE CHAIR CONDUCTED A MARKET ANALYSIS AND THEN PRESENTED FINDINGS AND RECOMMENDATIONS TO THE REST OF THE COMMITTEE, WHO MET AND VOTED ON THE AMOUNT OF COMPENSATION FOR THE PRESIDENT AND CEO. IN SUBSEQUENT FISCAL YEARS, THE INDEPENDENT BOARD MEMBERS JOINTLY DETERMINE SALARY INCREASES FOR THE CEO, IF ANY, USING VARIOUS PROCESSES SUCH AS A FORMAL MARKET ANALYSIS, CEO PERFORMANCE FEEDBACK FROM RELEVANT STAKEHOLDERS, AND OTHER RELEVANT INPUT. THE BOARD OF DIRECTORS FORMALLY DELEGATES TO THE PRESIDENT AND CEO THE SETTING OF COMPENSATION FOR OTHER EMPLOYEES. PERIODICALLY, THE CFE FUND HIRES AN EXTERNAL FIRM TO REVIEW THE ORGANIZATION-WIDE COMPENSATION SCHEME, USING DETAILED COMPARABLES AND ANALYSIS. THE MOST RECENT ORGANIZATION-WIDE COMPENSATION REVIEW PROCESS WAS CONDUCTED IN 2023 AND WAS TRACKED BY THE BOARD TO THE CEO'S SALARY ADJUSTMENT. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE TO FUNDING ORGANIZATIONS UPON REQUEST. FORM 990, PART XI, LINE 9: RETURN OF RESTRICTED GRANT FUNDING 196,854. GRANTS REISSUED FROM RETURN OF RESTRICTED GRANT FUNDING -88,419.