Civic Intelligence

The Community Development Venture Capital Alliance

990 • Fiscal year 2017 • EIN 41-1800192

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 09, 2018

475 Riverside Drive No 1264New York, NY 10115

(212) 594-6747

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.72x

Higher debt load relative to assets than 82% of similar nonprofits.

2017 filings • NTEE S • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

80th percentile

1.77x

Higher debt load relative to revenue than 80% of similar nonprofits.

2017 filings • NTEE S • $1M-$5M nonprofits • Source year 2017

Net Margin

88th percentile

47%

Higher net margin than 88% of similar nonprofits.

2017 filings • NTEE S • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

88th percentile

$292,987

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 19.4% of source-year revenue.

2017 filings • NTEE S • $1M-$5M nonprofits • Source year 2017

Asset Growth

33rd percentile

-1.8%

Faster asset growth than 33% of similar nonprofits.

2017 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

94th percentile

161%

Faster revenue growth than 94% of similar nonprofits.

2017 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$3,674,101

Down $68,844 (-1.8%) from 2016

Net Assets

Up

$1,011,168

Up $412,349 (+69%) from 2016

Liabilities

Down

$2,662,933

Down $481,193 (-15%) from 2016

Revenue

Up

$1,506,730

Up $928,474 (+161%) from 2016

Expenses

Up

$805,465

Up $57,468 (+7.7%) from 2016

Net Income

Up

$701,265

Up $871,006 (+513%) from 2016

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $4,434,159Liabilities 2010: $4,136,827Net Assets 2010: $297,3322010Assets 2011: $5,410,058Liabilities 2011: $4,251,579Net Assets 2011: $1,158,4792011Assets 2012: $4,281,722Liabilities 2012: $4,169,608Net Assets 2012: $112,1142012Assets 2013: $4,471,776Liabilities 2013: $4,033,162Net Assets 2013: $438,6142013Assets 2014: $4,657,660Liabilities 2014: $3,830,798Net Assets 2014: $826,8622014Assets 2015: $3,977,933Liabilities 2015: $3,543,539Net Assets 2015: $434,3942015Assets 2016: $3,742,945Liabilities 2016: $3,144,126Net Assets 2016: $598,8192016Assets 2017: $3,674,101Liabilities 2017: $2,662,933Net Assets 2017: $1,011,1682017Assets 2018: $4,156,225Liabilities 2018: $2,053,398Net Assets 2018: $2,102,8272018Assets 2019: $4,909,376Liabilities 2019: $1,553,249Net Assets 2019: $3,356,1272019Assets 2020: $8,691,831Liabilities 2020: $1,688,637Net Assets 2020: $7,003,1942020Assets 2021: $11,778,805Liabilities 2021: $1,647,497Net Assets 2021: $10,131,3082021Assets 2022: $14,618,602Liabilities 2022: $1,716,136Net Assets 2022: $12,902,4662022Assets 2023: $18,290,034Liabilities 2023: $1,704,378Net Assets 2023: $16,585,6562023Assets 2024: $22,592,293Liabilities 2024: $1,571,243Net Assets 2024: $21,021,0502024

Highlighted filing

2017

Assets$3,674,101
Liabilities$2,662,933
Net Assets$1,011,168

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2010: $665,430Expenses 2010: $588,309Net Income 2010: $77,1212010Revenue 2011: $1,357,969Expenses 2011: $540,622Net Income 2011: $817,3472011Revenue 2012: -$411,428Expenses 2012: $657,671Net Income 2012: -$1,069,0992012Revenue 2013: $743,661Expenses 2013: $665,631Net Income 2013: $78,0302013Revenue 2014: $853,032Expenses 2014: $745,157Net Income 2014: $107,8752014Revenue 2015: $603,174Expenses 2015: $788,531Net Income 2015: -$185,3572015Revenue 2016: $578,256Expenses 2016: $747,997Net Income 2016: -$169,7412016Revenue 2017: $1,506,730Expenses 2017: $805,465Net Income 2017: $701,2652017Revenue 2018: $1,593,975Expenses 2018: $950,079Net Income 2018: $643,8962018Revenue 2019: $2,412,002Expenses 2019: $914,404Net Income 2019: $1,497,5982019Revenue 2020: $4,766,750Expenses 2020: $982,092Net Income 2020: $3,784,6582020Revenue 2021: $4,103,408Expenses 2021: $1,209,168Net Income 2021: $2,894,2402021Revenue 2022: $4,721,634Expenses 2022: $1,698,401Net Income 2022: $3,023,2332022Revenue 2023: $6,048,930Expenses 2023: $2,147,834Net Income 2023: $3,901,0962023Revenue 2024: $7,456,147Expenses 2024: $2,778,050Net Income 2024: $4,678,0972024

Highlighted filing

2017

Revenue$1,506,730
Expenses$805,465
Net Income$701,265
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 9, 2018
Return Version
2017v2.3
Gross Receipts
$1,506,730
Mission and Program Overview

Mission

The community development venture captial alliace (cdvca) is the network of the community devleopment venture captial industry. Cdvca promotes the availability and use of flexible equity risk capital to fuel businesses growth to create good jobs, productive wealth, and entrepreneurial capacity that advance the livelihoods of low-income people and the economies of distressed communities.

Cdvca promotes the availability of startup and growth capital for businesses to create good jobs, entrepreneurial capacity, and productive wealth that advance the livelihoods of low-income people and the economies of distressed communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$1,791,367$1,965,339▲ $173,972
Investments Other Securities$1,002,994$1,012,294▲ $9,300
Cash and Non-Interest-Bearing Accounts$575,225$532,561▼ $42,664
Accounts Receivable$220,694$89,745▼ $130,949
Pledges and Grants Receivable-$25,000-
Land, Buildings, and Equipment, Net$23,592$17,613▼ $5,979
Savings and Temporary Cash Investments$74,021$10,372▼ $63,649
Prepaid Expenses and Deferred Charges$9,285$7,779▼ $1,506
Total Assets$3,742,945$3,674,101▼ $68,844
Other Assets Total$45,767$13,398▼ $32,369
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,100,000$2,600,000▼ $500,000
Accounts Payable and Accrued Expenses$44,126$62,933▲ $18,807
Total Liabilities$3,144,126$2,662,933▼ $481,193
Net Assets / Fund Balance
Unrestricted Net Assets$498,819$911,168▲ $412,349
Temporarily Rstr Net Assets$100,000$100,000→ $0
Total Net Assets Fund Balance$598,819$1,011,168▲ $412,349
Total Liabilities and Net Assets / Fund Balance$3,742,945$3,674,101▼ $68,844

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,307$133,229$139,536
Leasehold Improvements$11,306$10,814$22,120
Other Land Buildings$0$16,352$16,352
Investment Program Related Org$486,570--
Other Securities$1,012,294--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kerwin TesdellPresidentFT$213,625$79,362$292,987
Alan BernsteinTreasurer-$15,000-$15,000

Board Members and Trustees

NameTitle
Ray MoncriefChairman
Joseph BartlettDirector
Stanley TuckerDirector
Tom LoyDirector
Nathaniel HenshawSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$27,500
Program Service Revenue
$1,461,949
Investment Income
$13,247
Other Revenue
$4,034
All Other Contributions
$27,500
Change in Net Assets
$701,265

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,506,730
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$184,348
Total Revenue per Audited Statements
$1,691,078
Total Revenue per Form 990
$1,506,730
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$474,583
Other Expenses$330,882
Total Fundraising Expense$18,870
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$259,874$27,766$13,883$301,523
Other Salaries and Wages$149,838--$149,838
Fees for Services Accounting$71,476$2,216$1,108$74,800
Fees for Services Other$52,716$14,597-$67,313
Occupancy$36,816$2,590$1,295$40,701
Interest$30,861--$30,861
Conferences and Meetings$24,791$4,720-$29,511
Office Expenses$22,048$1,510$744$24,302
Payroll Taxes$21,005$1,478$739$23,222
Travel$20,023$2,459-$22,482
Insurance$18,088$1,273$636$19,997
Depreciation Depletion$8,689$611$306$9,606
Fees for Service Investment Mgmnt Fees$3,991--$3,991
Information Technology$2,588$182$91$2,861
Other Expenses$27$2$1$30
Total Functional Expenses$724,737$61,858$18,870$805,465

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,278,729
Expenses per Audited Statements$805,465
Total Expenses per Form 990$805,465
Expenses Not Reported on Form 990$473,264
Expenses Not Reported on Financial Statements$0
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
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The irs form 990 is prepared by the organization's independent certified public accountants after receiving the necessary information from cdvca staff and the financial consultant. After receiving the completed form 990, the document is reviewed by cdvca's president and financial consultant for accuracy and completeness. Any necessary changes are communicated back to the independent certified public accountants, and a revised form 990 is then provided to cdvca. The form 990 is then provided to cdvca's board of directors to review before being filed.

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

The organization has a written conflict of interest policy that has been distributed to all board members. It is monitored and enforced on a continuing basis by the board and the staff. Each time an event occurs that could raise the issue of a conflict, the board discusses the event and the conflicts policy and devises and follows a course of action consistent with the written conflict of interest policy.

Form 990, Part VI, Section B, Line 15A

The board arrives at appropriate compensation levels of executive employees based on board members' knowledge of compensation levels of executives of similar organizations and of individuals with backgrounds and skills similar to the employee's, as well as the employees job performance during the year.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and financial statements are made available to the public upon request of such documents.

Filing and Contact Details

Filer

Filer Name
Community Development Venture
EIN
41-1800192
Phone
2125946747
Address
475 RIVERSIDE DRIVE NO 1264, NEW YORK, NY 10115

Signing Officer

Name
Kerwin Tesdell
Title
President
Phone
2125946747
Signed
2018-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kerwin Tesdell
Formed
1995
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
5
Employees
4
Volunteers
11

Preparer

Firm
Lutz and Carr Cpas Llp
Address
551 FIFTH AVENUE SUITE 400, NEW YORK, NY 10176
Preparer
Michael Wallace
Phone
2126972299
Raw XML AppendixShowing 400 of 544 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/BOYAmt044126
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt062933
IRS990/AccountsReceivableGrp/BOYAmt0220694
IRS990/AccountsReceivableGrp/EOYAmt089745
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0CDVCA PROMOTES THE AVAILABILITY OF STARTUP AND GROWTH CAPITAL FOR BUSINESSES TO CREATE GOOD JOBS, ENTREPRENEURIAL CAPACITY, AND PRODUCTIVE WEALTH THAT ADVANCE THE LIVELIHOODS OF LOW-INCOME PEOPLE AND THE ECONOMIES OF DISTRESSED COMMUNITIES.
IRS990/AllOtherContributionsAmt027500
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KIWI PARTNERS INC
IRS990/BooksInCareOfDetail/PhoneNum02125946747
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0C/O CDVCA 475 RIVERSIDE DRIVE 1264
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010115
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0575225
IRS990/CashNonInterestBearingGrp/EOYAmt0532561
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt013883
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt027766
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0259874
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0301523
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt04720
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt024791
IRS990/ConferencesMeetingsGrp/TotalAmt029511
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt027500
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt013247
IRS990/CYOtherExpensesAmt0330882
IRS990/CYOtherRevenueAmt04034
IRS990/CYProgramServiceRevenueAmt01461949
IRS990/CYRevenuesLessExpensesAmt0701265
IRS990/CYSalariesCompEmpBnftPaidAmt0474583
IRS990/CYTotalExpensesAmt0805465
IRS990/CYTotalFundraisingExpenseAmt018870
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01506730
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt0306
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0611
IRS990/DepreciationDepletionGrp/ProgramServicesAmt08689
IRS990/DepreciationDepletionGrp/TotalAmt09606
IRS990/Desc0THE COMMUNITY DEVELOPMENT VENTURE CAPITAL ALLIANCE (CDVCA) IS THE TRADE ASSOCIATION OF THE COMMUNITY DEVELOPMENT VENTURE CAPITAL INDUSTRY. INCORPORATED AS A NOT-FOR-PROFIT, TAX-EXEMPT CORPORATION IN 1995, CDVCA PROMOTES USE OF THE TOOLS OF VENTURE CAPITAL TO CREATE JOBS, ENTREPRENEURIAL CAPACITY AND WEALTH TO ADVANCE THE LIVELIHOODS OF LOW-INCOME PEOPLE AND THE ECONOMIES OF DISTRESSED COMMUNITIES.COMMUNITY DEVELOPMENT VENTURE CAPITAL FUNDS PROVIDE MUCH-NEEDED EQUITY CAPITAL TO BUSINESSES IN ECONOMICALLY DISTRESSED AREAS IN THE UNITED STATES FOR THE PURPOSE OF CREATING GOOD JOBS AND ECONOMIC OPPORTUNITY FOR LOW-INCOME PEOPLE.CDVCA IS WORKING ON MANY FRONTS TO BUILD, STRENGTHEN AND SUPPORT THE COMMUNITY DEVELOPMENT VENTURE CAPITAL FIELD. PROGRAMS INCLUDE TRAINING, A CENTRAL FUND THAT INVESTS IN THE INDUSTRY, RESEARCH AND ADVOCACY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0362368
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/FundraisingAmt01108
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02216
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt071476
IRS990/FeesForServicesAccountingGrp/TotalAmt074800
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt014597
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt052716
IRS990/FeesForServicesOtherGrp/TotalAmt067313
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt03991
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt03991
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
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/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt649362
IRS990/Form990PartVIISectionAGrp/PersonNm0RAY MONCRIEF
IRS990/Form990PartVIISectionAGrp/PersonNm1NATHANIEL HENSHAW
IRS990/Form990PartVIISectionAGrp/PersonNm2ALAN BERNSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm3JOSEPH BARTLETT
IRS990/Form990PartVIISectionAGrp/PersonNm4TOM LOY
IRS990/Form990PartVIISectionAGrp/PersonNm5STANLEY TUCKER
IRS990/Form990PartVIISectionAGrp/PersonNm6KERWIN TESDELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt215000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6243625
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01995
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01506730
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt091
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0182
IRS990/InformationTechnologyGrp/ProgramServicesAmt02588
IRS990/InformationTechnologyGrp/TotalAmt02861
IRS990/InsuranceGrp/FundraisingAmt0636
IRS990/InsuranceGrp/ManagementAndGeneralAmt01273
IRS990/InsuranceGrp/ProgramServicesAmt018088
IRS990/InsuranceGrp/TotalAmt019997
IRS990/InterestGrp/ProgramServicesAmt030861
IRS990/InterestGrp/TotalAmt030861
IRS990/InvestmentIncomeGrp/ExclusionAmt013247
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt013247
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01002994
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01012294
IRS990/InvestmentsProgramRelatedGrp/BOYAmt01791367
IRS990/InvestmentsProgramRelatedGrp/EOYAmt01965339
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0160395
IRS990/LandBldgEquipBasisNetGrp/BOYAmt023592
IRS990/LandBldgEquipBasisNetGrp/EOYAmt017613
IRS990/LandBldgEquipCostOrOtherBssAmt0178008
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CDVCA PROMOTES THE AVAILABILITY OF STARTUP AND GROWTH CAPITAL FOR BUSINESSES TO CREATE GOOD JOBS, ENTREPRENEURIAL CAPACITY, AND PRODUCTIVE WEALTH THAT ADVANCE THE LIVELIHOODS OF LOW-INCOME PEOPLE AND THE ECONOMIES OF DISTRESSED COMMUNITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03100000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02600000
IRS990/NetAssetsOrFundBalancesBOYAmt0598819
IRS990/NetAssetsOrFundBalancesEOYAmt01011168
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-288916
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt01295
IRS990/OccupancyGrp/ManagementAndGeneralAmt02590
IRS990/OccupancyGrp/ProgramServicesAmt036816
IRS990/OccupancyGrp/TotalAmt040701
IRS990/OfficeExpensesGrp/FundraisingAmt0744
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01510
IRS990/OfficeExpensesGrp/ProgramServicesAmt022048
IRS990/OfficeExpensesGrp/TotalAmt024302
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt045767
IRS990/OtherAssetsTotalGrp/EOYAmt013398
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PAYROLL PROCESSING FEES
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/FundraisingAmt067
IRS990/OtherExpensesGrp/FundraisingAmt11
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02320
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1134
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22
IRS990/OtherExpensesGrp/ProgramServicesAmt01906
IRS990/OtherExpensesGrp/ProgramServicesAmt127
IRS990/OtherExpensesGrp/TotalAmt02320
IRS990/OtherExpensesGrp/TotalAmt12107
IRS990/OtherExpensesGrp/TotalAmt230
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt04034
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04034
IRS990/OtherRevenueTotalAmt04034
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0149838
IRS990/OtherSalariesAndWagesGrp/TotalAmt0149838
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0739
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01478
IRS990/PayrollTaxesGrp/ProgramServicesAmt021005
IRS990/PayrollTaxesGrp/TotalAmt023222
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt025000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09285
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07779
IRS990/PrincipalOfficerNm0KERWIN TESDELL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2541610
IRS990/ProgramServiceRevenueGrp/Desc0MANAGEMENT AND OTHER F
IRS990/ProgramServiceRevenueGrp/Desc1REGISTRATION FEES
IRS990/ProgramServiceRevenueGrp/Desc2CONSULTING SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01427437
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt120512
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt214000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01427437
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt120512
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt214000
IRS990/ProgSrvcAccomActy2Grp/Desc0CDVCA MANAGES AND INVESTS CAPITAL IN FUNDS AND OPERATING BUSINESSES THAT CREATE GOOD JOBS, PRODUCTIVE WEALTH AND ENTREPRENEURIAL CAPACITY THAT ADVANCE THE LIVELIHOODS OF LOW INCOME PEOPLE AND THE ECONOMIES OF DISTRESSED COMMUNITIES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0362369
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01427437
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt09149
IRS990/PYOtherExpensesAmt0377644
IRS990/PYOtherRevenueAmt03662
IRS990/PYProgramServiceRevenueAmt0565445
IRS990/PYRevenuesLessExpensesAmt0-169741
IRS990/PYSalariesCompEmpBnftPaidAmt0370353
IRS990/PYTotalExpensesAmt0747997
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0578256
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0701265
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt034512
IRS990/SavingsAndTempCashInvstGrp/BOYAmt074021
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010372
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt027500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt035000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0500000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0406000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0968500
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt013247
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt09149
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03763
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0528
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0795
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt027482
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03263791
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04043
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt03662
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt08442
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt04484
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt04458
IRS990ScheduleA/OtherIncome170Grp/TotalAmt025089
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.57680
IRS990ScheduleA/PublicSupportPY170Pct00.58820
IRS990ScheduleA/PublicSupportTotal170Amt0588921
IRS990ScheduleA/SubstantialContributorsTotAmt0379579
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt027500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt035000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0500000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0406000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0968500
IRS990ScheduleA/TotalSupportAmt01021071
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearAmt036455
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus1Amt034300
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus2Amt035820
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus3Amt034194
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/TotalAmt0140769
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearAmt0145820
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus1Amt0137200
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus2Amt0143280
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus3Amt0136774
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/TotalAmt0563074
IRS990ScheduleC/GrassrootsCeilingAmt0211154
IRS990ScheduleC/GrassrootsNontaxableGrp/FilingOrganizationsTotalAmt036455
IRS990ScheduleC/LobbyingCeilingAmt0844611
IRS990ScheduleC/LobbyingNontaxableAmountGrp/FilingOrganizationsTotalAmt0145820
IRS990ScheduleC/OtherExemptPurposeExpendGrp/FilingOrganizationsTotalAmt0805465
IRS990ScheduleC/TotalDirectLobbyingGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleC/TotalExemptPurposeExpendGrp/FilingOrganizationsTotalAmt0805465
IRS990ScheduleC/TotalGrassrootsLobbyingGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleC/TotalLobbyingExpendGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleC/TotLbbyExpendMnsLbbyngNonTxGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleC/TotLbbyngGrassrootMnsNonTxGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0473264
IRS990ScheduleD/DonatedServicesUseFcltsAmt0473264
IRS990ScheduleD/EquipmentGrp/BookValueAmt06307
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0133229
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0139536
IRS990ScheduleD/ExpensesNotReportedAmt0473264
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0805465
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt05961
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1318069
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt220790
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt3224118
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt4455489
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt56188
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt6448154
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt7486570
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0COASTAL VENTURES II, LLC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1SJF VENTURES II
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2BRIDGES COMMUNITY VENTURES, LP
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3PACIFIC COMMUNITY VENTURES, LLC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4COASTAL VENTURES IV, LP
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc5DSV PARTNERS IV
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc6MERITUS VENTURES LP
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc7REDIDUAL INTEREST IN ADV CAP NMTC 2016 LLC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd5F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd6F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd7F
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt011306
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt010814
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt022120
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-288916
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt016352
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt016352
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01012294
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CERTIFICATES OF DEPOSIT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt0184348
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01506730
IRS990ScheduleD/TotalBookValueLandBuildingsAmt017613
IRS990ScheduleD/TotalBookValueProgramRltdAmt01965339
IRS990ScheduleD/TotalBookValueSecuritiesAmt01012294
IRS990ScheduleD/TotalExpensesPerForm990Amt0805465
IRS990ScheduleD/TotalRevenuePerForm990Amt01506730
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01691078
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01278729
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.6$1.57$21.0$7.46$2.78$4.68
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.3$1.70$16.6$6.05$2.15$3.90
2022Detailed filing. Detailed filing data is available for this year.$14.6$1.72$12.9$4.72$1.70$3.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.8$1.65$10.1$4.10$1.21$2.89
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.69$1.69$7.00$4.77$0.98$3.78
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.91$1.55$3.36$2.41$0.91$1.50
2018Detailed filing. Detailed filing data is available for this year.$4.16$2.05$2.10$1.59$0.95$0.64
2017Detailed filing. Detailed filing data is available for this year.$3.67$2.66$1.01$1.51$0.81$0.70
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.74$3.14$0.60$0.58$0.75$0.17
2015Detailed filing. Detailed filing data is available for this year.$3.98$3.54$0.43$0.60$0.79$0.19
2014Summary only. Only limited summary data is available for this year.$4.66$3.83$0.83$0.85$0.75$0.11
2013Summary only. Only limited summary data is available for this year.$4.47$4.03$0.44$0.74$0.67$0.08
2012Summary only. Only limited summary data is available for this year.$4.28$4.17$0.11$0.41$0.66$1.07
2011Summary only. Only limited summary data is available for this year.$5.41$4.25$1.16$1.36$0.54$0.82
2010Summary only. Only limited summary data is available for this year.$4.43$4.14$0.30$0.67$0.59$0.08