Civic Intelligence

Infrastructure Financial Services

990 • Fiscal year 2022 • EIN 83-3612494

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 06, 2023

Organization ProfileN/A
5220 Spring Valley Rd 522Dallas, TX 75254

(972) 386-0200

Siviq Scores

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

Liabilities / Assets

96th percentile

1.14x

Higher debt load relative to assets than 96% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2022

Liabilities / Revenue

94th percentile

7.49x

Higher debt load relative to revenue than 94% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2022

Net Margin

3rd percentile

-77%

Higher net margin than 3% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2022

Top Officer Pay

5th percentile

$33,000

Higher top officer pay than 5% of similar nonprofits.

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

2022 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2022

Asset Growth

66th percentile

3.1%

Faster asset growth than 66% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Revenue Growth

99th percentile

875%

Faster revenue growth than 99% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets96th percentile

Assets

Up

$190,415,815

Up $5,713,092 (+3.1%) from 2021

Net Assets

Down

-$26,903,220

Down $22,203,229 (-472%) from 2021

Liabilities

Up

$217,319,035

Up $27,916,321 (+15%) from 2021

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin3rd percentile

Revenue

Up

$29,005,314

Up $26,031,303 (+875%) from 2021

Expenses

Up

$51,208,543

Up $47,091,835 (+1144%) from 2021

Net Income

Down

-$22,203,229

Down $21,060,532 (-1843%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

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

$300M$200M$100M$0-$100MAssets 2019: $31,234,273Liabilities 2019: $32,002,724Net Assets 2019: -$768,4512019Assets 2020: $28,443,091Liabilities 2020: $32,000,385Net Assets 2020: -$3,557,2942020Assets 2021: $184,702,723Liabilities 2021: $189,402,714Net Assets 2021: -$4,699,9912021Assets 2022: $190,415,815Liabilities 2022: $217,319,035Net Assets 2022: -$26,903,2202022Assets 2024: $25,400,581Liabilities 2024: $30,008,425Net Assets 2024: -$4,607,8442024

Highlighted filing

2022

Assets$190,415,815
Liabilities$217,319,035
Net Assets-$26,903,220
Open 2022 Filing

Operations Trend

Revenue Growth99th percentile

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

$60M$40M$20M$0-$20M-$40MRevenue 2019: $517,908Expenses 2019: $1,286,359Net Income 2019: -$768,4512019Revenue 2020: $1,263,935Expenses 2020: $3,913,034Net Income 2020: -$2,649,0992020Revenue 2021: $2,974,011Expenses 2021: $4,116,708Net Income 2021: -$1,142,6972021Revenue 2022: $29,005,314Expenses 2022: $51,208,543Net Income 2022: -$22,203,2292022Revenue 2024: $2,383,755Expenses 2024: $2,803,901Net Income 2024: -$420,1462024

Highlighted filing

2022

Revenue$29,005,314
Expenses$51,208,543
Net Income-$22,203,229
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 6, 2023
Return Version
2022v5.0
Gross Receipts
$29,005,314
Mission and Program Overview

Mission

Infrastructure financial services was formed to (i) promote community access to and development of communication systems, (ii) promote expanded educational opportunities, including but not limited to charter school organizations, (iii) work with communities and educational organizations to provide and arrange financing and refinancing for the development, acquisition, construction, improvement and equipping of communication networks and systems; (iv) work with charter school organizations for the development and financing of infrastructure and improvements; and (v) provide services related to the development, expansion, financing, and operation of elderly housing in communities seeing the greatest need for affordable, quality accomodations for the elderly, and the provision of related social, transportation, and medical services for its elderly population.

To promote expanded educational opportunities, including but not limited to charter schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$160,308,872$120,340,088▼ $39,968,784
Intangible Assets$1,549,306$45,491,346▲ $43,942,040
Cash and Non-Interest-Bearing Accounts$11,399,648$12,336,464▲ $936,816
Savings and Temporary Cash Investments$11,293,916$11,248,288▼ $45,628
Accounts Receivable$66,478$864,361▲ $797,883
Prepaid Expenses and Deferred Charges$64,643$115,408▲ $50,765
Total Assets$184,702,723$190,415,815▲ $5,713,092
Other Assets Total$19,860$19,860→ $0
Liabilities
Other Liabilities$67,235,591$92,074,681▲ $24,839,090
Mortgage Notes Payable Secured by Investment Property$87,811,784$91,300,000▲ $3,488,216
Tax Exempt Bond Liabilities$32,000,000$31,375,000▼ $625,000
Accounts Payable and Accrued Expenses$2,355,339$2,569,354▲ $214,015
Total Liabilities$189,402,714$217,319,035▲ $27,916,321
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-4,699,991$-26,903,220▼ $22,203,229
Total Net Assets Fund Balance$-4,699,991$-26,903,220▼ $22,203,229
Total Liabilities and Net Assets / Fund Balance$184,702,723$190,415,815▲ $5,713,092

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$107,803,409$3,908,224$111,711,633
Land$10,010,000-$10,010,000
Equipment$2,514,739$668,625$3,183,364
Other Land Buildings$11,940$1,560$13,500
Compensation and Service Providers
Top Officer Pay5th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Karen WoodliffSecretary/treasurerPT$33,000$33,000

Board Members and Trustees

NameTitle
Michael HarlingPresident
Rafael CarreonVice President (through July 2022)
Michael MurphyDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Benchmark Senior LivingSenior Living Facility Management201 JONES ROAD SUITE 300 WEST, Waltham, MA 02451$14,853,684
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$28,827,490
Investment Income
$143,824
Other Revenue
$34,000
Change in Net Assets
$-22,203,229
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$51,168,043
Salaries, Compensation, and Employee Benefits$33,000
Grants and Similar Amounts Paid$7,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$10,702,132$4,151,552-$14,853,684
Depreciation Depletion$14,293,438--$14,293,438
Interest$11,540,747--$11,540,747
Occupancy$2,558,617--$2,558,617
Fees for Services Other$2,244,455$153,251-$2,397,706
All Other Expenses$100,514$506,451-$606,965
Advertising-$411,552-$411,552
Insurance$281,165$31,855-$313,020
Office Expenses-$218,549-$218,549
Other Expenses$773,760$209,290-$209,290
Fees for Services Legal-$177,862-$177,862
Information Technology-$159,752-$159,752
Fees for Services Accounting-$82,558-$82,558
Travel-$40,587-$40,587
Current Officers, Directors, Trustees, and Key Employees-$33,000-$33,000
Grants to Domestic Orgs$7,500--$7,500
Total Functional Expenses$45,032,284$6,176,259$0$51,208,543
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
Refundable Entrance Fee$90,368,970
Non Refundable Entrance Fee$1,705,711

Bond Issues

BondIssuerIssuedIssue PricePurpose
ADelaware County Industrial Development Authority2019-12-20$29,046,793Purpose includes termination of leases, renovation project, and refinancing

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$29,046,793--$578,605

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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
No

Governance Explanations

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

“The form 990 is provided to the full board of directors for review and approval, before the return is filed.”

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

“Under the organization's conflict of interest policy, officers, directors, and employees of infrastructure financial services are required to complete annually a disclosure form identifying a possible conflict of interest. If a conflict arises, the responsible person is required to disclose all material facts related to the transaction. Anyone who has a conflict of interest is not permitted to hear the board's discussion of the matter and is not permitted to vote on the matter.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Infrastructure Financial Services
EIN
83-3612494
Phone
9723860200
Address
5220 SPRING VALLEY RD 522, DALLAS, TX 75254

Signing Officer

Name
Michael Harling
Title
President
Phone
9723860200
Signed
2023-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Harling
Formed
2019
Legal Domicile
Az
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Moss Adams Llp
Address
14555 DALLAS PARKWAY STE 300, DALLAS, TX 75254
Preparer
Matthew W Dover CPA
Phone
9724582296
Raw XML AppendixShowing 400 of 532 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT (THROUGH JULY 2022)
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
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IRS990/ProgSrvcAccomActy2Grp/Desc0NELP-COMMONS LLC IS A SINGLE-MEMBER LLC UNDER INFRASTRUCTURE FINANCIAL SERVICES WHOSE MISSION IS TO FACILITATE PROMOTING COMMUNITY ACCESS TO AND DEVELOPING QUALITY SENIOR HOUSING IN COMMUNITIES OF NEED FOR THOSE SERVICES.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt026034385
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IRS990/PYOtherExpensesAmt04092708
IRS990/PYOtherRevenueAmt04436
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IRS990/PYTotalExpensesAmt04116708
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02974011
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-22203229
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
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IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt011293916
IRS990/SavingsAndTempCashInvstGrp/EOYAmt011248288
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt0249741
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0249741
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME - 2021 AMOUNT: $ 4,436. 2022 AMOUNT: $ 34,000.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt12019 REPRESENTS A SHORT YEAR, FROM JAN. 28, 2019, THROUGH DEC. 31, 2019.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART III, SHORT YEAR EXPLANATION
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0249741
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01240
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt061003
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02025
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0208092
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt028827490
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02968335
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01202914
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0266142
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt033264881
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0143824
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IRS990ScheduleA/OtherIncome509Grp/TotalAmt038436
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0317259
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0369409
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt052150
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt067518
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0119668
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt028827490
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02968335
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01202914
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0515883
IRS990ScheduleA/Total509Grp/TotalAmt033514622
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt029005314
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02974011
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01263917
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0517908
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt033761150
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0107803409
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03908224
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0111711633
IRS990ScheduleD/EquipmentGrp/BookValueAmt02514739
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0668625
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03183364
IRS990ScheduleD/LandGrp/BookValueAmt010010000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt010010000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt011940
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01560
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt013500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt090368970
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11705711
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REFUNDABLE ENTRANCE FEE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NON REFUNDABLE ENTRANCE FEE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0120340088
IRS990ScheduleD/TotalLiabilityAmt092074681
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd01
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0INFRASTRUCTURE FINANCIAL SERVICES IMPLEMENTED A POST-ISSUANCE COMPLIANCE POLICY ON JUNE 8, 2021. THIS POLICY INCLUDES WRITTEN PROCEDURES TO ENSURE THAT VIOLATIONS OF FEDERAL TAX REQUIREMENTS ARE TIMELY IDENTIFIED AND CORRECTED.
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 9; PART IV, LINE 7; AND PART V
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02019-12-20
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0231997311
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum024601YAB4
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt029046793
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0DELAWARE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0PURPOSE INCLUDES TERMINATION OF LEASES, RENOVATION PROJECT, AND REFINANCING
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
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IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/PrivateBusUseByOthersPct00.00000
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd01
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/TotalPrivateBusinessUsePct00.00000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt024524325
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalizedInterestAmt01572030
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt02371833
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0578605
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02020
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt029046793
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PROVIDED TO THE FULL BOARD OF DIRECTORS FOR REVIEW AND APPROVAL, BEFORE THE RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UNDER THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, OFFICERS, DIRECTORS, AND EMPLOYEES OF INFRASTRUCTURE FINANCIAL SERVICES ARE REQUIRED TO COMPLETE ANNUALLY A DISCLOSURE FORM IDENTIFYING A POSSIBLE CONFLICT OF INTEREST. IF A CONFLICT ARISES, THE RESPONSIBLE PERSON IS REQUIRED TO DISCLOSE ALL MATERIAL FACTS RELATED TO THE TRANSACTION. ANYONE WHO HAS A CONFLICT OF INTEREST IS NOT PERMITTED TO HEAR THE BOARD'S DISCUSSION OF THE MATTER AND IS NOT PERMITTED TO VOTE ON THE MATTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0INFRASTRUCTURE FINANCIAL SERVICES
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1INFRASTRUCTURE FINANCIAL SERVICES
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt2INFRASTRUCTURE FINANCIAL SERVICES
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0CHESTER EDUCATION LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1IOT FIBER-LEBANON LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt2NELP-COMMONS LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0834111618
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN1851409873
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN2873785398
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IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt10
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt2163025216
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1AZ

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$190,415,815
Liabilities
$217,319,035
Net assets
-$26,903,220
Revenue
$29,005,314
Expenses
$51,208,543
Net income
-$22,203,229
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.4$30.0$4.61$2.38$2.80$0.42
2022Detailed filing. Detailed filing data is available for this year.$190$217$26.9$29.0$51.2$22.2
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$185$189$4.70$2.97$4.12$1.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.4$32.0$3.56$1.26$3.91$2.65
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.2$32.0$0.77$0.52$1.29$0.77