2023-11-07T12:17:16-06:00 2022-12-31 430765316 RUBINBROWN LLP 7676 FORSYTH BLVD SUITE 2100 SAINT LOUIS MO 63105 990 2022-01-01 161765276 INTERNATIONAL INSTITUTE COMMUNITY DEVELOPMENT CORPORATION INTE 3147739090 3401 ARSENAL STREET ST LOUIS MO 63118 BENJAMIN C WASHINGTON PRESIDENT 3147739090 2023-11-03 1 BENJAMIN WASHINGTON 999009999 1 KIMBERLY A RYAN P00829977 3142903300 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z IICDC BENJAMIN C WASHINGTON 3401 ARSENAL STREET ST LOUIS MO 63118 43116 0 X HTTP://WWW.IICDCSTL.ORG X 2006 MO THE INTERNATIONAL INSTITUTE COMMUNITY DEVELOPMENT CORPORATION'S MISSION IS TO ADVANCE THE LONG-TERM SELF-SUFFICIENCY OF IMMIGRANTS IN THE ST. LOUIS METRO AREA THROUGH MICROLENDING AND OTHER ASSET-BUILDING STRATEGIES. 11 11 0 18 0 0 102425 17000 20241 26116 0 0 0 0 122666 43116 0 0 0 0 43700 29889 0 0 0 37805 39794 81505 69683 41161 -26567 959088 956505 406585 430569 552503 525936 X THE INTERNATIONAL INSTITUTE COMMUNITY DEVELOPMENT CORPORATION'S MISSION IS TO ADVANCE THE LONG-TERM SELF-SUFFICIENCY OF IMMIGRANTS IN THE ST. LOUIS METRO AREA THROUGH MICROLENDING AND OTHER ASSET-BUILDING STRATEGIES. 0 0 67616 26116 SEE SCHEDULE O.THE MICROENTERPRISE AND ASSET BUILDING PROGRAM OF THE INTERNATIONAL INSTITUTE COMMUNITY DEVELOPMENT CORPORATION FOCUSES ON 1) CREDIT, ASSET, AND BUSINESS TRAINING AND TECHNICAL ASSISTANCE FOR IMMIGRANTS, 2) MICROLENDING TO IMMIGRANT ENTREPRENEURS, 3) CREDIT BUILDER LOANS, 4) ASSET-BUILDING FOR IMMIGRANTS AND, 5)INCOME TAX PREPARATION ASSISTANCE. USING FUNDS FROM THE OFFICE OF REFUGEE RESETTLEMENT (ORR), LOCAL BANK LINES OF CREDIT, CDFI FINANCIAL ASSISTANCE, AND INSTITUTIONAL DONORS, WE PROVIDE MICRO-LOANS OF UP TO $35,000 TO QUALIFIED IMMIGRANT ENTREPRENEURS. OUR BUSINESS PRODUCTS ARE SUPPORTED BY WRAP AROUNDBUSINESS DEVELOPMENT ASSISTANCE AND TRAINING. WE COVER TOPICS SUCH AS CREDIT COUNSELING, BUSINESS PLAN DEVELOPMENT, FINANCIAL MODELING, AND MARKET ANALYSIS.THROUGH FUNDS PROVIDED BY A PRIVATE DONOR, WE ALSO PROVIDE SMALL-DOLLAR CREDIT BUILDER/REPAIR LOANS TO HELP NEWLY ARRIVED IMMIGRANTS BUILD AND REPAIR CREDIT.INCORPORATED IN 2006, THE INTERNATIONAL INSTITUTE COMMUNITY DEVELOPMENT CORPORATION (IICDC) IS DEDICATED TO EXPANDING OUR MICRO-LENDING SERVICES TO THE BROADER IMMIGRANT COMMUNITY. THE IICDC AND THE INTERNATIONAL INSTITUTE (II) ARE SEPARATELY ORGANIZED ENTITIES, EACH WITH 501(C)(3) STATUS. IICDC IS ORGANIZED AS A SUPPORTING ORGANIZATION OF THE INSTITUTE. THE IICDC RECEIVED CDFI (COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION) STATUS FROM THE US DEPARTMENT OF THE TREASURY IN 2008 AND IN 2013 SUCCESSFULLY COMPLETED THE CDFI RE-CERTIFICATION PROCESS; ACCORDINGLY, THE IICDC BOARD OF DIRECTORS INCLUDES MEMBERS WHO REPRESENT THE TARGET LENDING MARKETS AND FINANCIAL INSTITUTIONS. IICDC LENDING CAPITAL COMPRISES OF UP TO $222,904 FROM PARTNER BANKS LINES OF CREDIT (PNC, MIDWEST BANKCENTRE, CARROLLTON), UP TO $38,427 MADE AVAILABLE BY CDFI FUNDING, UP TO $19,898 MADE AVAILABLE BY THE NARENDER BAWA TRUST FUND, AND $490,327 IN OUR LOAN CAPITAL. IICDC MADE 24 NEW LOANS TO IMMIGRANT AND REFUGEE ENTREPRENEURS IN THE FISCAL YEAR OF 2022, TOTALING $146,750. DURING THIS YEAR, OUR PORTFOLIO MANAGED 47 ACTIVE LOANS WITH THE OUTSTANDING BALANCE OF $156,904.25. FOR THE YEARLY FREE TAX FILING PROGRAM, WE HOSTED WEEKLY EVENTS AND COMPLETED 702 RETURNS FOR INDIVIDUALS AND HOUSEHOLDS. THE TOTAL REFUNDS GENERATED FROM THE ACTIVITIES WAS $926,800 FOR BOTH STATE AND FEDERAL RETURNS. THESE SERVICES LED TO $174,980 IN COST AVOIDANCE DUE TO THE TAX PREPARATION FEES BEING OFFERED AT NO COST. 67616 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X X ARREY OBENSON 3147739090 3401 ARSENAL STREET ST LOUIS MO 63118 JOHN WADE CHAIR 1.00 X X 0 0 0 DAN RYAN VICE CHAIR 1.00 X X 0 0 0 ELISSA SCHAUMAN TREASURER/SECRETARY 1.00 X X 0 0 0 CULLEN ANDREWS DIRECTOR 1.00 2.00 X 0 0 0 ALBERTO DEL PILAR DIRECTOR 1.00 X 0 0 0 JAVAD KHAZAELI DIRECTOR 1.00 X 0 0 0 MOHSEN PASHA DIRECTOR 1.00 X 0 0 0 LAURIE MORGAN DIRECTOR 1.00 X 0 0 0 NINO PRZULJI DIRECTOR 1.00 X 0 0 0 WADE SOLUADE DIRECTOR 1.00 X 0 0 0 EDGAR VELAZQUEZ DIRECTOR 1.00 X 0 0 0 BLAKE HAMILTON PRESIDENT (THRU 4/22) 40.00 X 0 104922 15739 BENJAMIN C WASHINGTON PRESIDENT (AS OF 4/22) 40.00 X 0 127628 0 0 232550 15739 0 0 0 0 0 16500 500 17000 INTEREST 523000 13230 13230 LOAN AND CLOSING FEES 531390 12886 12886 26116 43116 26116 0 0 25194 25194 2497 2497 68 68 2130 2130 2067 2067 79 79 565 565 1362 1362 395 395 7140 7140 130 130 BAD DEBT EXPENSE 25745 25745 EQUIPMENT RENTAL AND MA 2311 2311 69683 67616 2067 0 35311 36532 716110 766531 207667 153442 959088 956505 125563 149547 128400 128400 152622 152622 406585 430569 X 516513 489946 35990 35990 552503 525936 959088 956505 -26567 0 X 0 1 X 1 0 X X X 1 INTERNATIONAL INSTITUTE OF ST LOUIS 430652640 7 1 0 67616 1 0 67616 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 NOTES RECEIVABLE 153442 C 153442 FORM 990, PART VI, SECTION A, LINE 6 THE IICDC HAS ONE VOTING MEMBER; THE VOTING MEMBER IS THE INTERNATIONAL INSTITUTE OF METROPOLITAN ST. LOUIS. FORM 990, PART VI, SECTION A, LINE 7A THE VOTING MEMBER, INTERNATIONAL INSTITUTE OF METROPOLITAN ST. LOUIS, ELECTS THE BOARD OF THE IICDC. FORM 990, PART VI, SECTION A, LINE 7B THE VOTING MEMBER, INTERNATIONAL INSTITUTE OF METROPOLITAN ST. LOUIS, MAKES THE GOVERNANCE DECISIONS OF THE IICDC. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, A COPY OF FORM 990 WAS PROVIDED TO EVERY BOARD MEMBER AND SENT TO THE PRESIDENT FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C THE DIRECTORS AND KEY STAFF ARE REQUIRED ANNUALLY TO SIGN A STATEMENT AND DISCLOSE ANY POSSIBLE CONFLICTS WITH THE ORGANIZATION. THE PRESIDENT REVIEWS THESE STATEMENTS AND MONITORS CONFLICTS. IF A CONFLICT WERE TO EXIST, THE BOARD MEMBER WOULD BE PROHIBITED FROM PARTICIPATION IN DELIBERATIONS AND DECISIONS RELATED TO THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT IS AN EMPLOYEE OF THE INTERNATIONAL INSTITUTE OF METROPOLITAN ST. LOUIS. OFFICER SALARY IS DETERMINED BY THE PRESIDENT OF THE IISTL (THE PARENT ORGANIZATION) AND IS BASED ON ACCOMPLISHMENTS AND PROPOSED GOALS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THIS RETURN, GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. INTERNATIONAL INSTITUTE OF METROPOLITAN ST LOUIS 3401 ARSENAL STREET ST LOUIS MO 63118 430652640 IMMIGRANT TRANSITION FACILITATION MO 501(C)(3) LINE 7 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 INTERNATIONAL INSTITUTE OF METROPOLITAN ST LOUIS C 16500 FMV