Civic Intelligence

Community Redevelopment Loan and Investment Fund Inc.

990 • Fiscal year 2018 • EIN 58-2435590

Jul 01, 2017 to Jun 30, 2018 • Filed on Jan 29, 2019

229 Peachtree Street NE Suite 705Atlanta, GA 30303

(404) 522-2637

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$19,369,714

Flat from 2018

Net Assets

Flat

$5,148,696

Flat from 2018

Liabilities

Flat

$14,221,018

Flat from 2018

Revenue And Expenses

Revenue

Flat

$883,474

Flat from 2018

Expenses

Flat

$364,915

Flat from 2018

Net Income

Flat

$518,559

Flat from 2018

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $3,833,624Liabilities 2011: $1,620,939Net Assets 2011: $2,212,6852011Assets 2012: $2,995,326Liabilities 2012: $1,523,484Net Assets 2012: $1,471,8422012Assets 2013: $3,002,835Liabilities 2013: $1,508,510Net Assets 2013: $1,494,3252013Assets 2014: $3,738,948Liabilities 2014: $1,516,627Net Assets 2014: $2,222,3212014Assets 2015: $3,318,163Liabilities 2015: $1,010,197Net Assets 2015: $2,307,9662015Assets 2016: $4,838,999Liabilities 2016: $2,105,933Net Assets 2016: $2,733,0662016Assets 2017: $6,716,576Liabilities 2017: $2,086,439Net Assets 2017: $4,630,1372017Assets 2018: $19,369,714Liabilities 2018: $14,221,018Net Assets 2018: $5,148,6962018Assets 2018: $19,369,714Liabilities 2018: $14,221,018Net Assets 2018: $5,148,6962018Assets 2019: $19,874,006Liabilities 2019: $14,757,865Net Assets 2019: $5,116,1412019Assets 2020: $20,854,044Liabilities 2020: $15,483,117Net Assets 2020: $5,370,9272020Assets 2021: $23,949,574Liabilities 2021: $16,612,908Net Assets 2021: $7,336,6662021Assets 2022: $28,022,804Liabilities 2022: $17,481,090Net Assets 2022: $10,541,7142022Assets 2023: $35,792,391Liabilities 2023: $23,501,417Net Assets 2023: $12,290,9742023Assets 2024: $43,767,359Liabilities 2024: $27,645,232Net Assets 2024: $16,122,1272024Assets 2025: $33,053,042Liabilities 2025: $11,436,148Net Assets 2025: $21,616,8942025

Highlighted filing

2018

Assets$19,369,714
Liabilities$14,221,018
Net Assets$5,148,696

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $443,638Expenses 2011: $2,629,658Net Income 2011: -$2,186,0202011Revenue 2012: $347,096Expenses 2012: $1,087,939Net Income 2012: -$740,8432012Expenses 2013: $387,9272013Revenue 2014: $900,347Expenses 2014: $172,351Net Income 2014: $727,9962014Revenue 2015: $275,819Expenses 2015: $190,174Net Income 2015: $85,6452015Revenue 2016: $635,486Expenses 2016: $210,386Net Income 2016: $425,1002016Revenue 2017: $2,255,769Expenses 2017: $358,698Net Income 2017: $1,897,0712017Revenue 2018: $883,474Expenses 2018: $364,915Net Income 2018: $518,5592018Revenue 2018: $883,474Expenses 2018: $364,915Net Income 2018: $518,5592018Revenue 2019: $446,709Expenses 2019: $479,264Net Income 2019: -$32,5552019Revenue 2020: $1,111,059Expenses 2020: $856,273Net Income 2020: $254,7862020Revenue 2021: $2,672,359Expenses 2021: $706,620Net Income 2021: $1,965,7392021Revenue 2022: $3,977,537Expenses 2022: $772,489Net Income 2022: $3,205,0482022Revenue 2023: $2,631,431Expenses 2023: $882,171Net Income 2023: $1,749,2602023Revenue 2024: $5,085,136Expenses 2024: $1,253,983Net Income 2024: $3,831,1532024Revenue 2025: $7,055,649Expenses 2025: $1,560,882Net Income 2025: $5,494,7672025

Highlighted filing

2018

Revenue$883,474
Expenses$364,915
Net Income$518,559
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 29, 2019
Return Version
2017v2.3
Gross Receipts
$883,474
Mission and Program Overview

Mission

Develops, finances, and advocates for affordable housing at scale that promotes racial equity and healthy communities where families thrive.

Lending to builders of affordable and mixed income housing communities in metro atlanta.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$2,912,396$14,629,823▲ $11,717,427
Savings and Temporary Cash Investments$3,694,114$4,626,480▲ $932,366
Accounts Receivable$67,900$62,644▼ $5,256
Total Assets$6,716,576$19,369,714▲ $12,653,138
Other Assets Total$42,166$50,767▲ $8,601
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,075,000$14,130,000▲ $12,055,000
Accounts Payable and Accrued Expenses$11,439$91,018▲ $79,579
Total Liabilities$2,086,439$14,221,018▲ $12,134,579
Net Assets / Fund Balance
Unrestricted Net Assets$4,630,137$5,148,696▲ $518,559
Total Net Assets Fund Balance$4,630,137$5,148,696▲ $518,559
Total Liabilities and Net Assets / Fund Balance$6,716,576$19,369,714▲ $12,653,138
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Susan AdamsDirectorFT$109,862$109,862
Jason PerlmutterEmployeeFT$103,984$103,984

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$596,500
Program Service Revenue
$218,474
Investment Income
$68,500
Other Revenue
$0
All Other Contributions
$596,500
Change in Net Assets
$518,559
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$364,915
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$141,532--$141,532
Fees for Services Other$89,824--$89,824
Fees for Services Accounting$18,480--$18,480
Occupancy$5,962--$5,962
Insurance$1,638--$1,638
Advertising$751--$751
Other Expenses$529--$529
Office Expenses$493--$493
Total Functional Expenses$364,915$0$0$364,915
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
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
Yes
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

Copies of the form 990 are presented to the executive committee for their review with the cfo.

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

Management provides employees and board members with a questionnaire regarding conflicts of interest. The questionnaire is updated annually.

Form 990, Part VI, Section B, Line 15

Compensation for the ceo was initially established in 2006 as part of an extensive search process which utilized the services of an executive search firm specializing in non-profit placements. The firm advised the search committee on appropriate compensation ranges based on industry comparisons, in community lending, real estate development, policy research and implementation and non-profit management. Annual adjustments are made independently by the executive committee with full board approval of ranges through the budgeting process. Factors included in this independent determination include changes in associated industry norms, inflation, and performance against established objectives. Compensation decisions for the other staff officer (cfo) follow a similar process. The executive committee and board approve an annual compensation range.

Form 990, Part VI, Section C, Line 19

The organization makes its financial statements available to the public on its website and on another's website or upon request. Other governing and organizational documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Community Redevelopment Loan and
EIN
58-2435590
Phone
4045222637
Address
229 PEACHTREE STREET NE SUITE 705, ATLANTA, GA 30303

Signing Officer

Name
Agnes Casimir
Title
CFO
Phone
4045222637
Signed
2019-01-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
JOHN O'CALLAGHAN
Formed
1998
Legal Domicile
Ga
Voting Board Members
24
Independent Board Members
21
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
3560 LENOX ROAD NE SUITE 2800, ATLANTA, GA 30326
Preparer
Linda T Rowland CPA
Phone
4048479447
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consulting fees: program service expenses 89,824. Management and general expenses 0. Fundraising expenses 0. Total expenses 89,824.

PART XI #2B

This entity was audited as part of a consolidated audit for atlanta neighborhood development partnership, inc (andp). The consolidated financial statements included the accounts for andp, atlanta equity partners inc, andp misty amber senior housing inc, andp holdings inc, asset holdings inc, community redevelopment loan and investment fund inc, andp restoration llc, andp homes llc, andp delowe village llc, andp providence parkway gp, llc, andp stanton crest, llc and andp huntington court, llc.

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IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE-CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt23VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25EMPLOYEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt024
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0883474
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt021
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt01638
IRS990/InsuranceGrp/TotalAmt01638
IRS990/InterestGrp/ProgramServicesAmt0141532
IRS990/InterestGrp/TotalAmt0141532
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt068500
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt068500
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0GA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0LENDING TO BUILDERS OF AFFORDABLE AND MIXED INCOME HOUSING COMMUNITIES IN METRO ATLANTA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02075000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt014130000
IRS990/NetAssetsOrFundBalancesBOYAmt04630137
IRS990/NetAssetsOrFundBalancesEOYAmt05148696
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt05962
IRS990/OccupancyGrp/TotalAmt05962
IRS990/OfficeExpensesGrp/ProgramServicesAmt0493
IRS990/OfficeExpensesGrp/TotalAmt0493
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt042166
IRS990/OtherAssetsTotalGrp/EOYAmt050767
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ALLOCATED SALARIES EXPE
IRS990/OtherExpensesGrp/Desc1GENERAL & ADMINISTRATIV
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/ProgramServicesAmt091080
IRS990/OtherExpensesGrp/ProgramServicesAmt114626
IRS990/OtherExpensesGrp/ProgramServicesAmt2529
IRS990/OtherExpensesGrp/TotalAmt091080
IRS990/OtherExpensesGrp/TotalAmt114626
IRS990/OtherExpensesGrp/TotalAmt2529
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02912396
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt014629823
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOHN O'CALLAGHAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0161170
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt157304
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0161170
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt157304
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02041400
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt056045
IRS990/PYOtherExpensesAmt0358698
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0158324
IRS990/PYRevenuesLessExpensesAmt01897071
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0358698
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02255769
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0518559
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0286974
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03694114
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04626480
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0596500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt02041400
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0490000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0115000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0610000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03852900
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt068500
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt056045
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02958
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt014186
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0196757
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0338446
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0218474
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0158324
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0142528
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0146633
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt093590
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0759549
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt068500
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt056045
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02958
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt014186
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0196757
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0338446
IRS990ScheduleA/InvestmentIncomeCYPct00.06840
IRS990ScheduleA/InvestmentIncomePYPct00.06040
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.93160
IRS990ScheduleA/PublicSupportPY509Pct00.93960
IRS990ScheduleA/PublicSupportTotal509Amt04612449
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0814974
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02199724
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0632528
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0261633
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0703590
IRS990ScheduleA/Total509Grp/TotalAmt04612449

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$33.1$11.4$21.6$7.06$1.56$5.49
2024Detailed filing. Detailed filing data is available for this year.$43.8$27.6$16.1$5.09$1.25$3.83
2023Detailed filing. Detailed filing data is available for this year.$35.8$23.5$12.3$2.63$0.88$1.75
2022Detailed filing. Detailed filing data is available for this year.$28.0$17.5$10.5$3.98$0.77$3.21
2021Detailed filing. Detailed filing data is available for this year.$23.9$16.6$7.34$2.67$0.71$1.97
2020Detailed filing. Detailed filing data is available for this year.$20.9$15.5$5.37$1.11$0.86$0.25
2019Detailed filing. Detailed filing data is available for this year.$19.9$14.8$5.12$0.45$0.48$0.03
2018Detailed filing. Detailed filing data is available for this year.$19.4$14.2$5.15$0.88$0.36$0.52
2018Detailed filing. Detailed filing data is available for this year.$19.4$14.2$5.15$0.88$0.36$0.52
2017Detailed filing. Detailed filing data is available for this year.$6.72$2.09$4.63$2.26$0.36$1.90
2016Detailed filing. Detailed filing data is available for this year.$4.84$2.11$2.73$0.64$0.21$0.43
2015Summary only. Only limited summary data is available for this year.$3.32$1.01$2.31$0.28$0.19$0.09
2014Detailed filing. Detailed filing data is available for this year.$3.74$1.52$2.22$0.90$0.17$0.73
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.00$1.51$1.49$0.39
2012Summary only. Only limited summary data is available for this year.$3.00$1.52$1.47$0.35$1.09$0.74
2011Summary only. Only limited summary data is available for this year.$3.83$1.62$2.21$0.44$2.63$2.19