Civic Intelligence

Phoenix Community Development and Investment Corporation

990 • Fiscal year 2018 • EIN 35-2175243

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

Organization ProfileWWW.PCDIC.ORG
251 W Washington Street 9th FloorPhoenix, AZ 85003

(602) 262-6242

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

6th percentile

0.00x

Higher debt load relative to assets than 6% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

6th percentile

0.01x

Higher debt load relative to revenue than 6% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Net Margin

94th percentile

64%

Higher net margin than 94% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

72nd percentile

8.9%

Faster asset growth than 72% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

99th percentile

378%

Faster revenue growth than 99% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets6th percentile

Assets

Up

$31,845,984

Up $2,603,033 (+8.9%) from 2017

Net Assets

Up

$31,788,447

Up $2,786,297 (+9.6%) from 2017

Liabilities

Down

$57,537

Down $183,264 (-76%) from 2017

Revenue And Expenses
Liabilities / Revenue6th percentileNet Margin94th percentile

Revenue

Up

$4,355,617

Up $3,445,215 (+378%) from 2017

Expenses

Up

$1,569,477

Up $681,852 (+77%) from 2017

Net Income

Up

$2,786,140

Up $2,763,363 (+12132%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth72nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2011: $9,289,375Liabilities 2011: $307,757Net Assets 2011: $8,981,6182011Assets 2012: $9,556,022Liabilities 2012: $382,480Net Assets 2012: $9,173,5422012Assets 2013: $12,727,771Liabilities 2013: $422,431Net Assets 2013: $12,305,3402013Assets 2014: $13,811,936Liabilities 2014: $326,196Net Assets 2014: $13,485,7402014Assets 2015: $18,122,977Liabilities 2015: $380,610Net Assets 2015: $17,742,3672015Assets 2016: $29,344,830Liabilities 2016: $365,613Net Assets 2016: $28,979,2172016Assets 2017: $29,242,951Liabilities 2017: $240,801Net Assets 2017: $29,002,1502017Assets 2018: $31,845,984Liabilities 2018: $57,537Net Assets 2018: $31,788,4472018Assets 2019: $34,334,158Liabilities 2019: $63,995Net Assets 2019: $34,270,1632019Assets 2020: $36,272,976Liabilities 2020: $47,250Net Assets 2020: $36,225,7262020Assets 2021: $40,907,790Liabilities 2021: $0Net Assets 2021: $40,907,7902021Assets 2022: $37,376,403Liabilities 2022: $250,000Net Assets 2022: $37,126,4032022Assets 2023: $39,320,171Liabilities 2023: $163,283Net Assets 2023: $39,156,8882023Assets 2024: $39,881,295Liabilities 2024: $264,240Net Assets 2024: $39,617,0552024

Highlighted filing

2018

Assets$31,845,984
Liabilities$57,537
Net Assets$31,788,447
Open 2018 Filing

Operations Trend

Revenue Growth99th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2011: $791,8082011Expenses 2012: $949,7942012Revenue 2013: $4,170,715Expenses 2013: $1,042,847Net Income 2013: $3,127,8682013Revenue 2014: $2,064,722Expenses 2014: $905,556Net Income 2014: $1,159,1662014Revenue 2015: $4,981,779Expenses 2015: $743,064Net Income 2015: $4,238,7152015Revenue 2016: $12,323,974Expenses 2016: $1,069,870Net Income 2016: $11,254,1042016Revenue 2017: $910,402Expenses 2017: $887,625Net Income 2017: $22,7772017Revenue 2018: $4,355,617Expenses 2018: $1,569,477Net Income 2018: $2,786,1402018Revenue 2019: $2,956,474Expenses 2019: $1,026,086Net Income 2019: $1,930,3882019Revenue 2020: $4,693,317Expenses 2020: $3,042,872Net Income 2020: $1,650,4452020Revenue 2021: $6,695,939Expenses 2021: $2,402,409Net Income 2021: $4,293,5302021Revenue 2022: $2,168,973Expenses 2022: $5,173,835Net Income 2022: -$3,004,8622022Revenue 2023: $3,772,700Expenses 2023: $1,982,634Net Income 2023: $1,790,0662023Revenue 2024: $2,921,536Expenses 2024: $2,557,822Net Income 2024: $363,7142024

Highlighted filing

2018

Revenue$4,355,617
Expenses$1,569,477
Net Income$2,786,140
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$4,355,617
Mission and Program Overview

Mission

To alleviate poverty and combat community deterioration through serving or providing investment capital for qualified low-income communities through community development entities in accordance with internal revenue code section 45d and the treasury regulations thereunder.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$27,208,621$29,075,410▲ $1,866,789
Other Notes and Loans Receivable, Net$1,502,551$2,240,998▲ $738,447
Accounts Receivable$523,928$522,703▼ $1,225
Investments Other Securities$7,851$6,873▼ $978
Intangible Assets$0$0→ $0
Total Assets$29,242,951$31,845,984▲ $2,603,033
Liabilities
Accounts Payable and Accrued Expenses$240,801$57,537▼ $183,264
Total Liabilities$240,801$57,537▼ $183,264
Net Assets / Fund Balance
Unrestricted Net Assets$28,405,126$30,774,974▲ $2,369,848
Temporarily Rstr Net Assets$597,024$1,013,473▲ $416,449
Total Net Assets Fund Balance$29,002,150$31,788,447▲ $2,786,297
Total Liabilities and Net Assets / Fund Balance$29,242,951$31,845,984▲ $2,603,033
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Milton DohoneyBoard Member, Chair
Christine MackayBoard Member
Ginger SpencerBoard Member
Gwendolyn RelfBoard Member
Kurt SheppardBoard Member
Diana Yazzie DevineBoard Member, Secretary
Phillip BreidenbachBoard Member, Treasurer
Juan SalgadoChief Executive Officer
Joseph LosadaComptroller

Highest Paid Contractors

ContractorServicesLocationCompensation
Phoenix IdaManagement Services3352 E CAMELBACK RD, Phoenix, AZ 85018$402,500
Revenue and Support

Revenue Composition

Contributions and Grants
$636,284
Program Service Revenue
$3,126,923
Investment Income
$587,910
Other Revenue
$4,500
All Other Contributions
$636,284
Change in Net Assets
$2,786,140

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,355,617
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$168,807
Total Revenue per Audited Statements
$4,524,424
Total Revenue per Form 990
$4,355,617
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$843,850
Grants and Similar Amounts Paid$725,627
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$725,627--$725,627
Fees for Services Management$221,375$181,125-$402,500
Office Expenses-$72,193-$72,193
Fees for Services Legal-$68,122-$68,122
Fees for Services Accounting-$22,000-$22,000
Conferences and Meetings$9,174--$9,174
Other Expenses$262,200$6,145-$6,145
Insurance-$1,363-$1,363
Depreciation Depletion-$153-$153
Total Functional Expenses$1,218,376$351,101$0$1,569,477

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,738,127
Total Expenses per Form 990$1,569,477
Expenses per Audited Statements$1,569,324
Expenses Not Reported on Form 990$168,803
Expenses Not Reported on Financial Statements$153
Other Expense Adjustments$153
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Codephx (az Community Fund)Phoenix, AZ501(c)(3)To Provide Funding for Computer Coding Classes for Youth$250,000
Murphy School DistrictPhoenix, AZState of ArizonaTo Provide Funding for Stem Education and Training$150,000
Native American Community HealthPhoenix, AZ501(c)(3)To Provide Funding for Health Clinic Expansion$100,000
Si Se Puede FoundationChandler, AZ501(c)(3)To Provide Funding for the Stem/robotics Youth Program$57,412
Local FirstPhoenix, AZ501(c)(3)To Provide Funding for the Entrepreneurship Program$50,000
Kool Kids Program - City of PhoenixPhoenix, AZCity of PhoenixTo Provide Funding for Swimming Pool Admission$39,215
Arizona Manufacturing PartnersMesa, AZ501(c)(3)To Provide Funding for Stem Academy for Youth$14,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization delegated manangement duties to phoenix ida. Management duties include management oversight and decision making, supervising exempt operations and programs, planning and executing budgets, and financial operations. Management services provided by phoenix ida are performed under the direction and supervision of the phoenix community development and investment corporation's board of directors.”

Form 990, Part VI, Section A, Line 8B

“The organization does not have committees with authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“Form 990 and supporting schedules are prepared by tax preparer. The ceo and staff of the filing organization review the return for accuracy prior to filing with the irs.”

Form 990, Part VI, Section B, Line 12C

“A code of ethics and conflict of interest handbook is given to the director when he/she is elected. Prior to voting on the organizations matters, all directors are required to declare and sign any conflict of interest.”

Form 990, Part VI, Section B, Line 15

“The organization delegated manangement duties to phoenix ida. Management duties include management oversight and decision making, supervising exempt operations and programs, planning and executing budgets, and financial operations. All amounts paid as compensation for management services provided by phoenix ida are covered under the professional management and organizational services agreement approved by the organization's board and signed by the chairman of the board.”

Form 990, Part VI, Section C, Line 18

“The organization's documents will be made available for public inspection upon letter request under internal revenue code section 6104.”

Form 990, Part VI, Section C, Line 19

“The organization's documents will be made available for public inspection upon letter request under internal revenue code section 6104.”

Filing and Contact Details

Filer

Filer Name
Phoenix Community Development and
EIN
35-2175243
Phone
6022626242
Address
251 W WASHINGTON STREET 9TH FLOOR, PHOENIX, AZ 85003

Signing Officer

Name
Juan Salgado
Title
Chief Executive Officer
Phone
6022626242
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Juan Salgado
Formed
2002
Legal Domicile
Az
Voting Board Members
7
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Novogradac & Company Llp
Address
211 E OCEAN BLVD SUITE 600, LONG BEACH, CA 90802
Preparer
William Letsinger
Phone
5624329482
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Flow-through income/loss from investments 4. Amortization expense 153.”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Flow-through income/loss from investments 4.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Amortization expense 153.”

Raw XML AppendixShowing 400 of 797 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0240801
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt057537
IRS990/AccountsReceivableGrp/BOYAmt0523928
IRS990/AccountsReceivableGrp/EOYAmt0522703
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO ALLEVIATE POVERTY AND COMBAT COMMUNITY DETERIORATION THROUGH SERVING OR PROVIDING INVESTMENT CAPITAL FOR QUALIFIED LOW-INCOME COMMUNITIES THROUGH COMMUNITY DEVELOPMENT ENTITIES IN ACCORDANCE WITH INTERNAL REVENUE CODE SECTION 45D AND THE TREASURY REGULATIONS THEREUNDER.
IRS990/AddressChangeInd0X
IRS990/AllOtherContributionsAmt0636284
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PHOENIX COMMUNITY DEVELOPMENT AND INVESTMENT CORPORATION
IRS990/BooksInCareOfDetail/PhoneNum06022626242
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0251 W WASHINGTON STREET 9TH FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0PHOENIX
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AZ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd085003
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt09174
IRS990/ConferencesMeetingsGrp/TotalAmt09174
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0402500
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt03352 E CAMELBACK RD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0PHOENIX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0AZ
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd085018
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0PHOENIX IDA
IRS990/ContractorCompensationGrp/ServicesDesc0MANAGEMENT SERVICES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0636284
IRS990/CYGrantsAndSimilarPaidAmt0725627
IRS990/CYInvestmentIncomeAmt0587910
IRS990/CYOtherExpensesAmt0843850
IRS990/CYOtherRevenueAmt04500
IRS990/CYProgramServiceRevenueAmt03126923
IRS990/CYRevenuesLessExpensesAmt02786140
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01569477
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04355617
IRS990/DAFExcessBusinessHoldingsInd00
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0153
IRS990/DepreciationDepletionGrp/TotalAmt0153
IRS990/Desc0NEW MARKETS TAX CREDIT LOAN PROGRAM - TO ATTRACT AND PROVIDE FUNDS FOR PROJECTS THAT WILL IMPROVE THE QUALITY OF LIFE OF THOSE INDIVIDUALS WHO LIVE AND WORK IN UNDERSERVED AREAS OF THE COMMUNITY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DistributionToDonorInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0344924
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt022000
IRS990/FeesForServicesAccountingGrp/TotalAmt022000
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt068122
IRS990/FeesForServicesLegalGrp/TotalAmt068122
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0181125
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0221375
IRS990/FeesForServicesManagementGrp/TotalAmt0402500
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt039.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt239.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt710.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt096051
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt279590
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt585280
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0MILTON DOHONEY
IRS990/Form990PartVIISectionAGrp/PersonNm1PHILLIP BREIDENBACH
IRS990/Form990PartVIISectionAGrp/PersonNm2GINGER SPENCER
IRS990/Form990PartVIISectionAGrp/PersonNm3GWENDOLYN RELF
IRS990/Form990PartVIISectionAGrp/PersonNm4KURT SHEPPARD
IRS990/Form990PartVIISectionAGrp/PersonNm5CHRISTINE MACKAY
IRS990/Form990PartVIISectionAGrp/PersonNm6DIANA YAZZIE DEVINE
IRS990/Form990PartVIISectionAGrp/PersonNm7JUAN SALGADO
IRS990/Form990PartVIISectionAGrp/PersonNm8JOSEPH LOSADA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0247682
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2169352
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt5181974
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER, CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER, TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER, SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt8COMPTROLLER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02002
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0725627
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0725627
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04355617
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01363
IRS990/InsuranceGrp/TotalAmt01363
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0587910
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0587910
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt07851
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt06873
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0AZ
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ALLEVIATE POVERTY AND COMBAT COMMUNITY DETERIORATION THROUGH SERVING OR PROVIDING INVESTMENT CAPITAL FOR QUALIFIED LOW-INCOME COMMUNITIES THROUGH COMMUNITY DEVELOPMENT ENTITIES IN ACCORDANCE WITH INTERNAL REVENUE CODE SECTION 45D AND THE TREASURY REGULATIONS THEREUNDER.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt029002150
IRS990/NetAssetsOrFundBalancesEOYAmt031788447
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt072193
IRS990/OfficeExpensesGrp/TotalAmt072193
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0157
IRS990/OtherExpensesGrp/Desc0NMTC PROGRAM COOORDINAT
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06145
IRS990/OtherExpensesGrp/ProgramServicesAmt0262200
IRS990/OtherExpensesGrp/TotalAmt0262200
IRS990/OtherExpensesGrp/TotalAmt16145
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04500
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04500
IRS990/OtherRevenueTotalAmt04500
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01502551
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02240998
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JUAN SALGADO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0523920
IRS990/ProgramServiceRevenueGrp/BusinessCd1523920
IRS990/ProgramServiceRevenueGrp/BusinessCd2523920
IRS990/ProgramServiceRevenueGrp/BusinessCd3523920
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM RELATED INVEST
IRS990/ProgramServiceRevenueGrp/Desc1ASSET MANAGEMENT FEE
IRS990/ProgramServiceRevenueGrp/Desc2LOAN SERVICING FEE
IRS990/ProgramServiceRevenueGrp/Desc3LOAN FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02636560
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1422999
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt251454
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt315910
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02636560
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1422999
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt251454
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt315910
IRS990/ProgSrvcAccomActy2Grp/Desc0NON-NEW MARKETS SMALL BUSINESS LOANS TO BUSINESSES THAT WOULD NOT QUALIFY FOR TRADITIONAL LENDING, DESIGNED TO ASSIST IN THOSE COMMUNITIES THAT WE SERVE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt073912
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0THE ORGANIZATION AWARDS GRANTS TO NMTC ELIGIBLE YOUTH PURSUING POST-SECONDARY EDUCATION BY PROVIDING ASSISTANCE FOR TUITION AND OTHER NECESSARY QUALIFIED ITEMS. ADDITIONALLY, GRANTS ARE AWARDED TO PROVIDE ASSISTANCE TO THE LMI COMMUNITY, OFTEN TIMES FIRST-GENERATION COLLEGE BOUND STUDENTS, IN ACHIEVING ACADEMIC AND EDUCATIONAL GOALS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0799540
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0725627
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0105429
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0251894
IRS990/PYInvestmentIncomeAmt0213955
IRS990/PYOtherExpensesAmt0635731
IRS990/PYOtherRevenueAmt07500
IRS990/PYProgramServiceRevenueAmt0583518
IRS990/PYRevenuesLessExpensesAmt022777
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0887625
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0910402
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02786140
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03131423
IRS990/SavingsAndTempCashInvstGrp/BOYAmt027208621
IRS990/SavingsAndTempCashInvstGrp/EOYAmt029075410
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0636284
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0105429
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0105429
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0105429
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt085818
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01038389
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt0168803
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt0331404
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt0263826
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt0292710
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt0358129
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt01414872
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0493750
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0213955
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0210721
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt078845
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0283416
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01280687
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt022246989
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.41890
IRS990ScheduleA/PublicSupportPY170Pct00.57270
IRS990ScheduleA/PublicSupportTotal170Amt01564230
IRS990ScheduleA/SubstantialContributorsTotAmt0889031
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0805087
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0436833
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0369255
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0398139
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0443947
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02453261
IRS990ScheduleA/TotalSupportAmt03733948
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0168803
IRS990ScheduleD/DonatedServicesUseFcltsAmt0168803
IRS990ScheduleD/ExpensesNotReportedAmt0168803
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0153
IRS990ScheduleD/ExpensesSubtotalAmt01569324
IRS990ScheduleD/OtherExpensesNotIncludedAmt0153
IRS990ScheduleD/OtherRevenueAmt04
IRS990ScheduleD/RevenueNotReportedAmt0168807
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04355617
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FLOW-THROUGH INCOME/LOSS FROM INVESTMENTS 4.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1AMORTIZATION EXPENSE 153.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01569477
IRS990ScheduleD/TotalRevenuePerForm990Amt04355617
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04524424
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01738127
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt060000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS FOR COLLEGE TUITION
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt013
IRS990ScheduleI/RecipientTable/CashGrantAmt0250000
IRS990ScheduleI/RecipientTable/CashGrantAmt1150000
IRS990ScheduleI/RecipientTable/CashGrantAmt2100000
IRS990ScheduleI/RecipientTable/CashGrantAmt357412
IRS990ScheduleI/RecipientTable/CashGrantAmt450000
IRS990ScheduleI/RecipientTable/CashGrantAmt539215
IRS990ScheduleI/RecipientTable/CashGrantAmt614000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1STATE OF ARIZONA
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5CITY OF PHOENIX
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt60
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc1N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc2N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc3N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc4N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc5N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc6N/A
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO PROVIDE FUNDING FOR COMPUTER CODING CLASSES FOR YOUTH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO PROVIDE FUNDING FOR STEM EDUCATION AND TRAINING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2TO PROVIDE FUNDING FOR HEALTH CLINIC EXPANSION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3TO PROVIDE FUNDING FOR THE STEM/ROBOTICS YOUTH PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4TO PROVIDE FUNDING FOR THE ENTREPRENEURSHIP PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5TO PROVIDE FUNDING FOR SWIMMING POOL ADMISSION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6TO PROVIDE FUNDING FOR STEM ACADEMY FOR YOUTH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CODEPHX (AZ COMMUNITY FUND)
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1MURPHY SCHOOL DISTRICT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2NATIVE AMERICAN COMMUNITY HEALTH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3SI SE PUEDE FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4LOCAL FIRST
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5KOOL KIDS PROGRAM - CITY OF PHOENIX
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6ARIZONA MANUFACTURING PARTNERS
IRS990ScheduleI/RecipientTable/RecipientEIN0860348306
IRS990ScheduleI/RecipientTable/RecipientEIN1866000491
IRS990ScheduleI/RecipientTable/RecipientEIN2942540194
IRS990ScheduleI/RecipientTable/RecipientEIN3860922834
IRS990ScheduleI/RecipientTable/RecipientEIN4261657951
IRS990ScheduleI/RecipientTable/RecipientEIN5866000256
IRS990ScheduleI/RecipientTable/RecipientEIN6812096289
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02201 EAST CAMELBACK ROAD 405B
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt12615 WEST BUCKEYE ROAD

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$31,845,984
Liabilities
$57,537
Net assets
$31,788,447
Revenue
$4,355,617
Expenses
$1,569,477
Net income
$2,786,140
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.9$0.26$39.6$2.92$2.56$0.36
2023Detailed filing. Detailed filing data is available for this year.$39.3$0.16$39.2$3.77$1.98$1.79
2022Detailed filing. Detailed filing data is available for this year.$37.4$0.25$37.1$2.17$5.17$3.00
2021Detailed filing. Detailed filing data is available for this year.$40.9$0.00$40.9$6.70$2.40$4.29
2020Detailed filing. Detailed filing data is available for this year.$36.3$0.05$36.2$4.69$3.04$1.65
2019Detailed filing. Detailed filing data is available for this year.$34.3$0.06$34.3$2.96$1.03$1.93
2018Detailed filing. Detailed filing data is available for this year.$31.8$0.06$31.8$4.36$1.57$2.79
2017Detailed filing. Detailed filing data is available for this year.$29.2$0.24$29.0$0.91$0.89$0.02
2016Detailed filing. Detailed filing data is available for this year.$29.3$0.37$29.0$12.3$1.07$11.3
2015Detailed filing. Detailed filing data is available for this year.$18.1$0.38$17.7$4.98$0.74$4.24
2014Detailed filing. Detailed filing data is available for this year.$13.8$0.33$13.5$2.06$0.91$1.16
2013Detailed filing. Detailed filing data is available for this year.$12.7$0.42$12.3$4.17$1.04$3.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.56$0.38$9.17$0.95
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.29$0.31$8.98$0.79