Civic Intelligence

Self Help Ventures Fund

990 • Fiscal year 2020 • EIN 58-1562750

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 29, 2021

Refreshing map…

301 West Main StreetDurham, NC 27701

(919) 956-4693

Siviq Scores

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

Liabilities / Assets

65th percentile

0.50x

Higher debt load relative to assets than 65% of similar nonprofits.

2020 filings • 501(c)3 • $1B+ nonprofits • Source year 2020

Liabilities / Revenue

93rd percentile

5.41x

Higher debt load relative to revenue than 93% of similar nonprofits.

2020 filings • 501(c)3 • $1B+ nonprofits • Source year 2020

Net Margin

89th percentile

33%

Higher net margin than 89% of similar nonprofits.

2020 filings • 501(c)3 • $1B+ nonprofits • Source year 2020

Top Officer Pay

2nd percentile

$117,995

Higher top officer pay than 2% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2020 filings • 501(c)3 • $1B+ nonprofits • Source year 2020

Asset Growth

67th percentile

15%

Faster asset growth than 67% of similar nonprofits.

2020 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2019 to 2020

Revenue Growth

93rd percentile

46%

Faster revenue growth than 93% of similar nonprofits.

2020 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2019 to 2020

Assets

Flat

$1,136,545,488

Flat from 2020

Net Assets

Flat

$571,067,772

Flat from 2020

Liabilities

Flat

$565,477,716

Flat from 2020

Revenue

Flat

$104,499,213

Flat from 2020

Expenses

Flat

$70,010,828

Flat from 2020

Net Income

Flat

$34,488,385

Flat from 2020

Historical Trend

Balance Sheet Trend

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

$4.0B$3.0B$2.0B$1.0B$0Assets 2010: $730,514,022Liabilities 2010: $458,230,047Net Assets 2010: $272,283,9752010Assets 2011: $815,574,536Liabilities 2011: $470,225,074Net Assets 2011: $345,349,4622011Assets 2012: $733,595,533Liabilities 2012: $382,783,012Net Assets 2012: $350,812,5212012Assets 2013: $703,785,963Liabilities 2013: $319,413,708Net Assets 2013: $384,372,2552013Assets 2014: $677,230,977Liabilities 2014: $272,560,537Net Assets 2014: $404,670,4402014Assets 2015: $674,055,733Liabilities 2015: $247,563,122Net Assets 2015: $426,492,6112015Assets 2016: $675,874,788Liabilities 2016: $225,280,213Net Assets 2016: $450,594,5752016Assets 2017: $703,797,748Liabilities 2017: $232,440,348Net Assets 2017: $471,357,4002017Assets 2018: $779,599,613Liabilities 2018: $285,268,680Net Assets 2018: $494,330,9332018Assets 2019: $990,044,914Liabilities 2019: $469,686,101Net Assets 2019: $520,358,8132019Assets 2020: $1,136,545,488Liabilities 2020: $565,477,716Net Assets 2020: $571,067,7722020Assets 2020: $1,136,545,488Liabilities 2020: $565,477,716Net Assets 2020: $571,067,7722020Assets 2021: $1,059,061,327Liabilities 2021: $458,100,268Net Assets 2021: $600,961,0592021Assets 2022: $1,009,821,673Liabilities 2022: $378,950,011Net Assets 2022: $630,871,6622022Assets 2023: $1,032,930,060Liabilities 2023: $391,922,186Net Assets 2023: $641,007,8742023Assets 2024: $3,447,735,170Liabilities 2024: $2,692,140,282Net Assets 2024: $755,594,8882024

Highlighted filing

2020

Assets$1,136,545,488
Liabilities$565,477,716
Net Assets$571,067,772

Operations Trend

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

$200M$150M$100M$50M$0Expenses 2010: $62,931,2812010Expenses 2011: $53,318,9662011Expenses 2012: $35,168,5782012Revenue 2013: $44,887,922Expenses 2013: $29,288,313Net Income 2013: $15,599,6092013Revenue 2014: $38,712,354Expenses 2014: $30,236,948Net Income 2014: $8,475,4062014Revenue 2015: $35,550,675Expenses 2015: $31,995,720Net Income 2015: $3,554,9552015Revenue 2016: $44,253,295Expenses 2016: $35,983,213Net Income 2016: $8,270,0822016Revenue 2017: $52,329,197Expenses 2017: $37,436,137Net Income 2017: $14,893,0602017Revenue 2018: $62,183,272Expenses 2018: $42,089,996Net Income 2018: $20,093,2762018Revenue 2019: $71,436,932Expenses 2019: $46,989,160Net Income 2019: $24,447,7722019Revenue 2020: $104,499,213Expenses 2020: $70,010,828Net Income 2020: $34,488,3852020Revenue 2020: $104,499,213Expenses 2020: $70,010,828Net Income 2020: $34,488,3852020Revenue 2021: $60,531,771Expenses 2021: $31,466,429Net Income 2021: $29,065,3422021Revenue 2022: $95,498,767Expenses 2022: $43,396,272Net Income 2022: $52,102,4952022Revenue 2023: $67,731,085Expenses 2023: $57,501,791Net Income 2023: $10,229,2942023Revenue 2024: $189,217,541Expenses 2024: $68,586,121Net Income 2024: $120,631,4202024

Highlighted filing

2020

Revenue$104,499,213
Expenses$70,010,828
Net Income$34,488,385
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 29, 2021
Return Version
2020v4.1
Gross Receipts
$111,402,523
Mission and Program Overview

Mission

Self-Help Ventures Funds mission is to create and protect ownership and economic opportunity for all, especially people of color, women, rural residents and low-wealth families and communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$357,778,710$441,337,225▲ $83,558,515
Investments in Publicly Traded Securities$281,295,759$310,350,023▲ $29,054,264
Land, Buildings, and Equipment, Net$197,436,151$189,202,600▼ $8,233,551
Savings and Temporary Cash Investments$101,183,636$155,344,391▲ $54,160,755
Accounts Receivable$28,315,995$25,352,774▼ $2,963,221
Cash and Non-Interest-Bearing Accounts$1,246,852$1,246,852→ $0
Total Assets$990,044,914$1,136,545,488▲ $146,500,574
Other Assets Total$22,787,811$13,711,623▼ $9,076,188
Liabilities
Mortgage Notes Payable Secured by Investment Property$195,534,227$319,825,066▲ $124,290,839
Unsecured Notes Loans Payable$243,315,720$198,860,406▼ $44,455,314
Other Liabilities$17,479,276$37,273,289▲ $19,794,013
Accounts Payable and Accrued Expenses$13,356,878$9,518,955▼ $3,837,923
Total Liabilities$469,686,101$565,477,716▲ $95,791,615
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$502,919,444$552,113,181▲ $49,193,737
Net Assets With Donor Restrictions$17,439,369$18,954,591▲ $1,515,222
Total Net Assets Fund Balance$520,358,813$571,067,772▲ $50,708,959
Total Liabilities and Net Assets / Fund Balance$990,044,914$1,136,545,488▲ $146,500,574

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$145,622,086$44,867,853$172,171,036
Land$38,683,922-$25,934,632
Equipment$4,896,592$5,135,794$8,348,294
Investment Program Related Org$224,337,225--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Randy ChambersTreasurerSecretary$117,995$117,995
Martin EakesCEODirector$113,861$113,861
Laura BenedictPresident$102,603$102,603

Board Members and Trustees

NameTitle
John Holdsclaw IVDirectorChair
Catherine ClarkDirector
Ivan ParraDirector
Jean PudloDirector
Mark KorellDirector
Matt HobbsDirector
Miguel RubieraDirector
Robert SchallDirector
Tara KenchenDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
CT Wilson Construction CompanyConstruction150 Golden Drive, Durham, NC 27705$2,084,036
Romeo Guest AssociatesConstruction1715 Camden Avenue, Durham, NC 27704$1,241,123
Belk ArchitureConstruction735 Ninth Street, Durham, NC 27705$616,120
Dixon-Hughes Goodman PLLCAccounting Firm2501 Blue Ridge Road Suite 500, Raleigh, NC 27607$298,723
Piedmont Service GroupConstructionP O Box 603909, Charlotte, NC 28260$196,045
Revenue and Support

Revenue Composition

Contributions and Grants
$52,685,809
Program Service Revenue
$50,800,189
Investment Income
$61,615
Other Revenue
$951,600
All Other Contributions
$52,116,100
Change in Net Assets
$34,488,385

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table8$5,078,100
Total Noncash Contributions8$5,078,100

Audited Revenue Reconciliation

Revenue per Audited Statements
$104,499,213
Revenue Not Reported on Form 990
$1,672,108
Total Revenue per Audited Statements
$106,171,321
Total Revenue per Form 990
$104,499,213
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$70,010,828
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$12,038,212--$12,038,212
Depreciation Depletion$7,618,858--$7,618,858
Other Expenses$3,297,464$91,843-$3,389,307
All Other Expenses$2,609,336$468,203-$3,077,539
Information Technology$202,142$1,455,947-$1,658,089
Occupancy$1,108,800$26,498-$1,135,298
Fees for Services Accounting-$322,723-$322,723
Office Expenses$8,544$297,196-$305,740
Advertising$6,370$261,606-$267,976
Payments to Affiliates$58,500$122,092-$180,592
Conferences and Meetings$34,771$97,055-$131,826
Travel$28,324$71,448-$99,772
Insurance$52,267--$52,267
Fees for Services Legal-$21,356-$21,356
Total Functional Expenses$60,585,740$9,425,088$0$70,010,828

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$71,682,936
Expenses per Audited Statements$70,010,828
Total Expenses per Form 990$70,010,828
Expenses Not Reported on Form 990$1,672,108
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Liability for contingent losses$37,273,289
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

The organization has one class of members who elect directors annually on a staggered basis to fill vacant seats on the board.

Member election for additional members Part VI line 7A

The organization has one class of members who elect directors annually on a staggered basis to fill vacant seats on the board.

Governing body decisions Part VI line 7B

The organization has one class of members who elect directors annually on a staggered basis to fill vacant seats on the board.

Form 990 governing body review Part VI line 11

The form 990 is prepared by staff accountants. The Chief Financial Officer, the Controller, and in-house counsel review multiple drafts and verify all answers before the form is provided to the Chief Executive Officer and board of directors for furthur review.

Conflict of interest policy compliance Part VI line 12C

The organizations Conflict of Interest Policy covers its officers, directors or trustees, all employees of the organization or any related organization, and family members of the person in these categories. All covered persons are required under the policy to disclose actual or potential conflicts as soon as they arise and the directors of the organization and related organizations confirm annually that there are no existing conflicts of interest. Persons with actual conflicts are prohibited from participating in any decisions revelant to the situation where the conflict exists. Most conflicts are clearly delineated by the policy; situations that are not so clear-cut are reviewed by in-house counsel, the CEO, or the Board as appropriate.

CEO executive director top management comp Part VI line 15A

Form 990, Part VII, Section A, Line 1a: No director or officer received compensation for his or her work as a director, officer, or trustee; instead the amount listed in columns (E) and (F) are compensation paid to the full-time (approximately 40 hours per week) employees of the related organization, Self-Help Services Corporation, which serves as the employer for all of the filing organizations workers.

Other officer or key employee compensation Part VI line 15B

The organization pays its highest paid workers including the CEO, top management officials and other officers in accordance with a salary ceiling that is confirmed annually by the board, and was last confirmed in February 2020. The ceiling is subject to adjustment for increased costs of living associated with the geographical areas in which workers are working, but is well below the average market salary for workers with comparable levels of expertise and experience.

Form 990 availability to public Part VI line 18

No documents are available to the public.

Governing documents etc available to public Part VI line 19

No documents are available to the public.

Filing and Contact Details

Filer

Filer Name
Self-Help Ventures Fund
EIN
58-1562750
Address
301 West Main Street, Durham, NC 27701

Signing Officer

Name
Laura Benedict
Title
President
Phone
9199564430
Signed
2021-10-29

Organization Details

Principal Officer
Laura Benedict
Formed
1984
Legal Domicile
Nc
Voting Board Members
10
Independent Board Members
9
Employees
0
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Other changes in net assets include, changes in noncontrolling interest, net unrealized losses on mortgage-backed securities and net amortization of forward purchase commitments.

Financial Statement Notes

Other revenues not included on Form 990 (Part XI, line 2D)

Non-debt financed rental revenues, net of expenses.

Other expenses not included on Form 990 (Part XII, line 2D)

Non-debt financed rental revenues, net of expenses.

Footnote for uncertain tax position under FIN 48 (Part X)

Self-Help Ventures Fund has determined that all tax positions taken for the current year endedDecember 31, 2020 and all years open under the statue of limitations are highly certain. Inaccordance with the accounting guidance for uncertainty in income taxes, Self-Help Ventures Fund has determined that no recognized tax liability exists.

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

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IRS990/Form990PartVIISectionAGrp/PersonNm0Randy Chambers
IRS990/Form990PartVIISectionAGrp/PersonNm1Martin Eakes
IRS990/Form990PartVIISectionAGrp/PersonNm2Laura Benedict
IRS990/Form990PartVIISectionAGrp/PersonNm3Jean Pudlo
IRS990/Form990PartVIISectionAGrp/PersonNm4Miguel Rubiera
IRS990/Form990PartVIISectionAGrp/PersonNm5Mark Korell
IRS990/Form990PartVIISectionAGrp/PersonNm6Tara Kenchen
IRS990/Form990PartVIISectionAGrp/PersonNm7Ivan Parra
IRS990/Form990PartVIISectionAGrp/PersonNm8Catherine Clark
IRS990/Form990PartVIISectionAGrp/PersonNm9Robert Schall
IRS990/Form990PartVIISectionAGrp/PersonNm10John Holdsclaw IV
IRS990/Form990PartVIISectionAGrp/PersonNm11Matt Hobbs
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/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt084305
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt183837
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280411
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0TreasurerSecretary
IRS990/Form990PartVIISectionAGrp/TitleTxt1CEODirector
IRS990/Form990PartVIISectionAGrp/TitleTxt2President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10DirectorChair
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01984
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt061615
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt0200000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt05292817
IRS990/GrossReceiptsAmt0111402523
IRS990/GrossRentsGrp/RealAmt03269469
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01455947
IRS990/InformationTechnologyGrp/ProgramServicesAmt0202142
IRS990/InformationTechnologyGrp/TotalAmt01658089
IRS990/InsuranceGrp/ProgramServicesAmt052267
IRS990/InsuranceGrp/TotalAmt052267
IRS990/InterestGrp/ProgramServicesAmt012038212
IRS990/InterestGrp/TotalAmt012038212
IRS990/InvestmentInJointVentureInd0true
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0357778710
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0441337225
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0281295759
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0310350023
IRS990/IRPDocumentCnt0166
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt050003647
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0197436151
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0189202600
IRS990/LandBldgEquipCostOrOtherBssAmt0239206247
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt05231202
IRS990/LessRentalExpensesGrp/PersonalAmt01672108
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Self-Help Ventures Funds mission is to create and protect ownership and economic opportunity for all, especially people of color, women, rural residents and low-wealth families and communities.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0195534227
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0319825066
IRS990/NetAssetsOrFundBalancesBOYAmt0520358813
IRS990/NetAssetsOrFundBalancesEOYAmt0571067772
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt061615
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt061615
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt01597361
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt01597361
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0502919444
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0552113181
IRS990/NoncashContributionsAmt05078100
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt026498
IRS990/OccupancyGrp/ProgramServicesAmt01108800
IRS990/OccupancyGrp/TotalAmt01135298
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0297196
IRS990/OfficeExpensesGrp/ProgramServicesAmt08544
IRS990/OfficeExpensesGrp/TotalAmt0305740
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt022787811
IRS990/OtherAssetsTotalGrp/EOYAmt013711623
IRS990/OtherChangesInNetAssetsAmt016220574
IRS990/OtherExpensesGrp/Desc0Provision for credit losses
IRS990/OtherExpensesGrp/Desc1Staffing Reimbursement
IRS990/OtherExpensesGrp/Desc2Real Estate operating expens
IRS990/OtherExpensesGrp/Desc3Loan administration
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06189121
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt191843
IRS990/OtherExpensesGrp/ProgramServicesAmt020738095
IRS990/OtherExpensesGrp/ProgramServicesAmt16893118
IRS990/OtherExpensesGrp/ProgramServicesAmt25890939
IRS990/OtherExpensesGrp/ProgramServicesAmt33297464
IRS990/OtherExpensesGrp/TotalAmt020738095
IRS990/OtherExpensesGrp/TotalAmt113082239
IRS990/OtherExpensesGrp/TotalAmt25890939
IRS990/OtherExpensesGrp/TotalAmt33389307
IRS990/OtherLiabilitiesGrp/BOYAmt017479276
IRS990/OtherLiabilitiesGrp/EOYAmt037273289
IRS990/OtherRevenueMiscGrp/Desc0Investment Income
IRS990/OtherRevenueMiscGrp/ExclusionAmt0-645761
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0-645761
IRS990/OtherRevenueTotalAmt0-645761
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt0122092
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt058500
IRS990/PaymentsToAffiliatesGrp/TotalAmt0180592
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Laura Benedict
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/BusinessCd1525990
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3531310
IRS990/ProgramServiceRevenueGrp/Desc0Interest on PRIs
IRS990/ProgramServiceRevenueGrp/Desc1Interest on MBS
IRS990/ProgramServiceRevenueGrp/Desc2Loan origination & fees
IRS990/ProgramServiceRevenueGrp/Desc3Rental income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt016051204
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110690895
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt27133056
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt316925034
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt016051204
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110690895
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt27133056
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt316925034
IRS990/ProgSrvcAccomActy2Grp/Desc0Economic development through the renovation of historic buildings, construction of new buildings in distressed communities. Providing quality, affordable retail, community facilities and commercial rental space to revitalize and stabilize distressed communities.Economic development through provision of rental property in distressed and blighted areas,Total beneficiaries = approximately 4,362
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt022377586
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt016925034
IRS990/ProgSrvcAccomActy3Grp/Desc0Charitable loans and investments to community development projects employing low-income, minority and unemployed persons; to projects in low-income,minority, rural and distressed communities; and to charitable organizations.Total beneficiaries = approximately 7,048
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt011678490
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt015817017
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt010175438
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01292522
IRS990/PYOtherExpensesAmt046989160
IRS990/PYOtherRevenueAmt02065017
IRS990/PYProgramServiceRevenueAmt057903955
IRS990/PYRevenuesLessExpensesAmt024447772
IRS990/PYTotalExpensesAmt046989160
IRS990/PYTotalRevenueAmt071436932
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt034488385
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/RelatedOrganizationsAmt0369709
IRS990/RentalIncomeOrLossGrp/PersonalAmt0-1672108
IRS990/RentalIncomeOrLossGrp/RealAmt03269469
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt018058138
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0101183636
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0155344391
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0561271685
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00

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.$3,448$2,692$756$189$68.6$121
2023Summary only. Only limited summary data is available for this year.$1,033$392$641$67.7$57.5$10.2
2022Summary only. Only limited summary data is available for this year.$1,010$379$631$95.5$43.4$52.1
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,059$458$601$60.5$31.5$29.1
2020Detailed filing. Detailed filing data is available for this year.$1,137$565$571$104$70.0$34.5
2020Summary only. Only limited summary data is available for this year.$1,137$565$571$104$70.0$34.5
2019Summary only. Only limited summary data is available for this year.$990$470$520$71.4$47.0$24.4
2018Summary only. Only limited summary data is available for this year.$780$285$494$62.2$42.1$20.1
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$704$232$471$52.3$37.4$14.9
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$676$225$451$44.3$36.0$8.27
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$674$248$426$35.6$32.0$3.55
2014Detailed filing. Detailed filing data is available for this year.$677$273$405$38.7$30.2$8.48
2013Detailed filing. Detailed filing data is available for this year.$704$319$384$44.9$29.3$15.6
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$734$383$351$35.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$816$470$345$53.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$731$458$272$62.9