2023-11-15T16:11:45-06:00 2022-12-31 872525370 CITRIN COOPERMAN ADVISORS LLC 2 BETHESDA METRO CENTER 11TH FLOOR BETHESDA MD 20814 990 2022-01-01 261269202 NCRC COMMUNITY DEVELOPMENT FUND INC NCRC 2026288866 740 15TH STREET NW 400 WASHINGTON DC 20005 MARISA CALDERON EXECUTIVE DIRECTOR 2026288866 2023-11-15 1 MARISA CALDERON 999009999 0 BRIAN J GIGANTI P00646609 3016549000 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X MARISA CALDERON 740 15TH STREET NW 400 WASHINGTON DC 20005 1445810 0 X N\A X 2007 DC TO ACT AS A LENDING INSTITUTION TO LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES AND TO PROVIDE CREDIT TO LOW IN INCOME INDIVIDUALS AND BUSINESSES. 7 7 0 7 0 0 5726265 10000 1120341 1417195 12588 18615 0 0 6859194 1445810 2250000 510000 0 0 0 0 0 0 0 1688148 2479322 3938148 2989322 2921046 -1543512 59265863 60523002 33635257 36435908 25630606 24087094 TO ACT AS A LENDING INSTITUTION TO LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES AND TO PROVIDE CREDIT TO LOW IN INCOME INDIVIDUALS AND BUSINESSES. 0 0 1160562 510000 274375 SMALL BUSINESS:THE SMALL BUSINESS PROGRAM PROVIDES FUNDING TO MINORITY-OWNED, WOMEN-OWNED, AND LOW-INCOME OWNED BUSINESSES. 971676 1142820 GROWTH:THE GROWTH PROGRAM PROVIDES FUNDING TO ITS AFFILIATES, NCRC HOUSING REHAB FUND, LLC ("NCRC HRF") AND NCRC HOLDING, LLC AND OTHER ENTITIES, TO REHABILITATE, DEVELOP, AND PROMOTE AFFORDABLE HOUSING AND HOME OWNERSHIP IN LOW- AND MODERATE-INCOME CENSUS TRACTS FOR PERSONS OF LOW- OR MODERATE-INCOME. 2132238 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 12 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X MARISA CALDERON EXECUTIVE DIRECTOR 2026288866 740 15TH STREET NW SUITE 400 WASHINGTON DC 20005 JESSE VAN TOL BOARD CHAIR 4.00 45.00 X X 0 403266 30138 IRVIN HENDERSON TREASURER 2.00 1.00 X X 0 0 0 MARYELLEN LEWIS SECRETARY 2.00 1.00 X X 0 0 0 ROBERT DICKERSON JR DIRECTOR 2.00 6.00 X 0 0 0 CHARLES HARRIS DIRECTOR 2.00 1.00 X 0 0 0 DONNA GAMBRELL DIRECTOR 2.00 0.00 X 0 0 0 CATHERINE CROSBY DIRECTOR 2.00 1.00 X 0 0 0 MARISA CALDERON EXECUTIVE DIRECTOR 2.00 1.00 X 0 172467 34493 GRIGS CRAWFORD DEVELOPMENT DIRECTOR 2.00 0.00 X 0 113236 22647 0 688969 87278 0 0 1 1 0 10000 10000 INTEREST 522291 1397007 1397007 UNDERWRITING & PROCESS 900099 12760 12760 PROGRAM SERVICE FEES 900099 7428 7428 1417195 18615 18615 1445810 1417195 0 18615 X 510000 510000 134077 109620 24457 34892 34892 1221571 572472 649099 48684 654 48030 1306 1306 10318 3318 7000 12121 12121 66703 66703 19052 5576 13476 930598 930598 2989322 2132238 857084 0 3965333 5051968 2650330 910963 3586368 3241581 49054616 50012592 9216 5898 0 1300000 59265863 60523002 24956 126480 33000000 36000000 610301 309428 33635257 36435908 X 22008115 23955462 3622491 131632 25630606 24087094 59265863 60523002 -1543512 0 X X 0 1 X 1 0 X 1 2726265 10000 2736266 382428 489436 710314 1417195 1435810 4435183 382428 489436 710315 4143460 1445810 7171449 500000 500000 354443 467570 683167 762102 1102904 3370186 354443 467570 683167 1262102 1102904 3870186 3301263 18754 60549 13537 12588 0 105428 18754 60549 13537 12588 105428 2554 2554 401182 549985 726406 4156048 1445810 7279431 0.45350 0.70820 0.01450 0.00960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO AFFILIATES 309428 309428 X 1445810 0 1445810 0 1445810 2989322 0 2989322 0 2989322 PART X, LINE 2: NCRC CDFI IS RECOGNIZED AS A TAX-EXEMPT ORGANIZATION AS DEFINED IN SECTION 501(C)(3) OF THE IRC AND IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME, EXCEPT FOR TAXES ON UNRELATED BUSINESS INCOME. THERE WERE NO UNRELATED BUSINESS INCOME ACTIVITIES FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021. NCRC CDFI HAS FILED FOR AND RECEIVED INCOME TAX EXEMPTIONS IN THE VARIOUS JURISDICTIONS IN WHICH IT IS REQUIRED. NCRC CDFI FILES RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) IN THE U.S. FEDERAL JURISDICTION. MANAGEMENT HAS EVALUATED NCRC CDFI'S TAX POSITIONS AND HAS CONCLUDED THAT IT HAS TAKEN NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THESE FINANCIAL STATEMENTS. 0 NATIONAL COMMUNITY REINVESTMENT COALITION INC 740 15TH STREET NW SUITE 400 WASHINGTON DC 20005 521766126 501(C)(3) 500000 0 BOOK SUPPORT FOR WOMEN AND MINORITY OWNED SMALL BUSINESSES 1 2 0 0 0 0 0 0 0 0 0 JESSE VAN TOL BOARD CHAIR 0 403266 0 0 0 0 0 0 0 30138 0 433404 0 0 MARISA CALDERON EXECUTIVE DIRECTOR 0 0 0 172467 0 0 0 0 0 0 0 172467 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED BY AN OUTSIDE ACCOUNTANT. THE RETURN IS REVIEWED BY BOARD MEMBERS PRIOR TO FILING THE RETURN WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS SIGN THE CONFLICT INTEREST STATEMENT ANNUALLY AND IF THE BOARD DETERMINES THAT AN INDIVIDUAL DEEMED TO HAVE A CONFLICT OF INTEREST, THE INDIVIDUAL WILL RECUSE HIMSELF OR HERSELF. AFTER DISCLOSURE OF THE INTEREST, THE INTERESTED PERSON MAY NOT PARTICIPATE IN CONSIDERATION OF THE PROPOSED TRANSACTION OR ARRANGEMENT, SHALL NOT VOTE ON SUCH TRANSACTION OR ARRANGEMENT, AND SHALL NOT BE PRESENT FOR THE CONSIDERATION OF OR VOTE ON SUCH TRANSACTION UNLESS THE BOARD REQUESTS INFORMATION OR INTERPRETATION FROM THE INTERESTED PERSON. THE BOARD SHALL THEN DETERMINE {OR REFER TO: A} THE CHAIRMAN OF THE BOARD OF DIRECTORS; OR B} THE BOARD, FOR A DETERMINATION OF WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTERESTS AND IS FAIR AND REASONABLE TO THE CORPORATION AND SHALL MAKE A DECISION WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN ACCORDANCE WITH SUCH DETERMINATION. SUCH DETERMINATION SHALL BE MADE BY A VOTE SUFFICIENT FOR SUCH PURPOSE WITHOUT COUNTING THE VOTE OF ANY INTERESTED PERSON. IN DETERMINING WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTERESTS, THERE SHALL BE A REVIEW OF AVAILABLE INFORMATION REGARDING THE COST OR BENEFIT OF COMPARABLE TRANSACTIONS OR ARRANGEMENTS, IF ANY {AND MAY INVESTIGATE WHETHER THE CORPORATION SHOULD AND IS ABLE TO OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT THAT WOULD NOT GIVE RISE TO AN INTEREST.} A DISINTERESTED PERSON OR COMMITTEE MAY BE APPOINTED TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. INTERESTED DIRECTORS MAY BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM AT A MEETING , WHICH AUTHORIZES SUCH A TRANSACTION OR ARRANGEMENT. THE MINUTES OF THE BOARD CONSIDERING THE INTEREST OF AN INTERESTED PERSON SHALL CONTAIN THE NAMES OF INTERESTED PERSON(S} WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE AN INTEREST, NATURE OF THE INTEREST, THE DETERMINATION OF THE TRANSACTION, AND THE NAMES OF THE INDIVIDUALS PRESENT FOR THE DISCUSSION AND DELIBERATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PROCESSING AND UNDERWRITING FEES: PROGRAM SERVICE EXPENSES 13,656. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,656. BANK SERVICE CHARGES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,653. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,653. PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 558,816. MANAGEMENT AND GENERAL EXPENSES 643,446. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,202,262. PART XIII NO PROCEDURE HAS BEEN CHANGED SINCE LAST YEAR. NATIONAL COMMUNITY REINVESTMENT COALITION 740 15TH STREET NW WASHINGTON DC 20005 521766126 PROVIDE ACCESS TO CREDIT, CAPITAL AND BANKING SERVICES AND PRODUCTS DC 501(C)(3) LINE 7 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 NATIONAL COMMUNITY REINVESTMENT COALITION INC B 500000 CASH GRANT