2023-11-14T16:34:30-06:00 2022-12-31 731413977 HOGANTAYLOR LLP 1225 N BROADWAY AVENUE SUITE 200 OKLAHOMA CITY OK 73103 990 2022-01-01 731575885 METAFUND CORPORATION META 4059490001 2545 S KELLY AVENUE SUITE F EDMOND OK 73013 SARAH REED PRESIDENT AND CEO 4059490001 2023-11-14 1 SARAH REED 999009999 0 ASHLEY M FOGLE P01258800 4058482020 2023-11-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SARAH REED 2545 S KELLY AVENUE SUITE F EDMOND OK 73013 4117417 0 X WWW.METAFUND.ORG X 1999 OK SEE SCHEDULE O. METAFUND CORPORATION'S MISSION IS TO PROMOTE COMMUNITY, ECONOMIC, AND WORKFORCE DEVELOPMENT THROUGHOUT THE STATE OF OKLAHOMA AND THE UNITED STATES, THROUGH FINANCING AND CONSULTING. METAFUND ACHIEVES SUSTAINABLE SOCIAL IMPACT BY PROVIDING ACCESS TO DIVERSE SOURCES OF CAPITAL, AS WELL AS STRATEGIC ADVICE, GENERATING CREATIVE SOLUTIONS THAT BENEFIT UNDER-RESOURCED COMMUNITIES. 7 6 11 16 0 0 320000 845000 3051187 3167658 11024 103543 0 1216 3382211 4117417 15693 20650 0 0 1421215 1801956 0 0 0 716451 1000285 2153359 2822891 1228852 1294526 34672498 36688819 21771160 22489725 12901338 14199094 TO PROMOTE COMMUNITY, ECONOMIC, AND WORKFORCE DEVELOPMENT THROUGHOUT THE STATE OF OKLAHOMA AND THE UNITED STATES OF AMERICA. 0 0 2247641 20650 3168874 METAFUND CORPORATION'S BUSINESS DEVELOPMENT PROGRAMS PROMOTE SUSTAINABLE SOCIAL IMPACT BY PROVIDING ACCESS TO DIVERSE SOURCES OF CAPITAL, AS WELL AS STRATEGIC ADVICE, GENERATING CREATIVE SOLUTIONS THAT BENEFIT UNDER-RESOURCED COMMUNITIES AND BUSINESSES. OUR PROGRAM SOLUTIONS INCLUDE TAX-CREDIT ELIGIBLE INVESTMENTS, FLEXIBLE DIRECT LENDING AND CREDIT ENHANCEMENT INVESTMENTS FOR MISSION-BASED ORGANIZATIONS AND SMALL BUSINESSES IN QUALIFYING AREAS, LOW-INCOME HOUSING-RELATED MORTGAGE ACQUISITIONS, AND UP-FRONT FINANCING FOR PAY-FOR-SUCCESS OUTCOME-BASED REPAYMENT STRUCTURES FOR SERVICE PROVIDERS THAT CREATE MEASURABLE PUBLIC BENEFITS. 2247641 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 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 1 1 1 1 0 0 1 11 0 1 11 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OK X X SARAH REED 4059490001 2545 S KELLY AVENUE SUITE F EDMOND OK 73013 A THOMAS LOY CHIEF EXECUTIVE OFFICER/CHAIRMAN 31.00 1.00 X X 248013 0 22934 JILL CASTILLA BOARD MEMBER 0.25 X 0 0 0 JAMES FINCH BOARD MEMBER 0.25 X 0 0 0 RAUL FONT BOARD MEMBER 0.25 X 0 0 0 JANE HASKIN BOARD MEMBER 0.25 X 0 0 0 DEBORAH JENKINS BOARD MEMBER 0.25 X 0 0 0 CHARLES LEE BOARD MEMBER 0.25 X 0 0 0 SARAH REED EXEC. VICE PRESIDENT, CFO AND COO 31.00 1.00 X 200381 0 32288 BLAKE TRIPPET PRESIDENT 32.00 X 200940 0 31585 ED LONG CHIEF IMPACT OFFICER 32.00 X 140067 0 24678 MAURIANNA ADAMS CHIEF COMMUNITY INVESTMENT OFFICER 32.00 X 124631 0 16646 ROBERT DILG TREASURER AND CHIEF RISK OFFICER 32.00 X 122964 0 24287 1036996 0 152418 6 0 1 0 0 845000 845000 FEE INCOME 525990 1774818 1774818 LOAN INTEREST INCOME 525990 1384438 1384438 PROJECT DIVIDEND INCOM 525990 8402 8402 3167658 103543 103543 OTHER INCOME 525990 1216 1216 1216 4117417 3168874 0 103543 20650 20650 1189414 951769 237645 452735 362279 90456 20598 16483 4115 38261 30616 7645 100948 80779 20169 41383 27545 13838 220795 146962 73833 122946 81833 41113 11763 9104 2659 7241 5770 1471 53910 43139 10771 10851 8937 1914 1524 712 812 164823 120321 44502 9567 6983 2584 57129 45715 11414 PROVISION FOR LOAN LOSS 275000 275000 TELEPHONE EXPENSE 13045 10439 2606 DUES AND SUBSCRIPTIONS 6739 6739 MEALS AND ENTERTAINMENT 3569 2605 964 2822891 2247641 575250 0 4112594 5610863 4973806 5891303 154074 35141 20821915 23939471 59980 34791 116541 108334 15548 8207 188700 200100 4345881 779488 0 189455 34672498 36688819 281105 497937 907299 862934 1945335 2551998 18637421 18576856 21771160 22489725 X 12901338 14199094 12901338 14199094 34672498 36688819 X 1294526 3230 X 0 1 X 1 0 X 320000 845000 1165000 2093839 2748679 2737494 3051187 3167658 13798857 2093839 2748679 2737494 3371187 4012658 14963857 0 808967 1121385 812347 887092 1071397 4701188 808967 1121385 812347 887092 1071397 4701188 10262669 75385 55130 25643 11024 103543 270725 75385 55130 25643 11024 103543 270725 2809 6021 12188 1216 22234 2172033 2809830 2775325 3382211 4117417 15256816 0.67270 0.64610 0.01770 0.01800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19779 19779 0 96762 88555 8207 8207 EQUITY NOTES 15277750 FEDERAL HOME LOAN BANK NOTES PAYABLE 3109651 OPERATING LEASE LIABILITY 189455 18576856 0 UNITED WAY OF CENTRAL OKLAHOMA PO BOX 248919 OKLAHOMA CITY OK 73124 730589829 501(C)(3) 5000 0 GENERAL OPERATIONS CENTRAL OKLAHOMA HABITAT FOR HUMANITY 5005 S I-35 SERVICE ROAD OKLAHOMA CITY OK 73129 731305668 501(C)(3) 5000 0 GENERAL OPERATIONS WESTMINSTER SCHOOL INC 600 NW 44TH STREET OKLAHOMA CITY OK 73118 730730839 501(C)(3) 5000 0 FINANCIAL AID ENDOWMENT 3 X X X X X X 0 0 0 0 0 1 0 1 0 A THOMAS LOY CHIEF EXECUTIVE OFFICER/CHAIRMAN 160614 0 87399 0 0 0 20109 0 2825 0 270947 0 0 0 SARAH REED EXEC. VICE PRESIDENT, CFO AND COO 140381 0 60000 0 0 0 16800 0 15488 0 232669 0 0 0 BLAKE TRIPPET PRESIDENT 140940 0 60000 0 0 0 16800 0 14785 0 232525 0 0 0 ED LONG CHIEF IMPACT OFFICER 120067 0 20000 0 0 0 11600 0 13078 0 164745 0 0 0 PART I, LINE 3 WE HAD AN INDEPENDENT REVIEW PERFORMED IN A PRIOR YEAR TO ESTABLISH PROPRIETY OF THE CEO'S COMPENSATION PLAN. THE PLAN HAS NOT CHANGED NOR HAS THE BASE SALARY BEEN ADJUSTED SINCE THIS INDEPENDENT REVIEW WAS PERFORMED. THEREFORE WE STILL FEEL CONFIDENT THAT WE ARE AT OR BELOW INDUSTRY NORMS FOR THE COMPENSATION PLAN. PART I, LINE 6 BONUS AND INCENTIVE PLAN FOR THE CEO CALCULATES BONUS AS A CAPPED PERCENTAGE OF CURRENT YEAR CHANGE IN NET ASSETS AND AS A CAPPED PERCENTAGE OF 5-YEAR AVERAGE ANNUAL CHANGE IN NET ASSETS. BONUS AND INCENTIVE PLAN UTILIZES AUDITED FINANCIAL STATEMENTS FOR CALCULATIONS. PLAN IS EFFECTIVE ONLY FOR YEAR IN WHICH NET ASSETS ARE POSITIVE AT DECEMBER 31. PART I, LINE 7 A. THOMAS LOY, BLAKE TRIPPET, SARAH REED, ED LONG, MAURIANNA ADAMS, AND ROBERT DILG RECEIVED DISCRETIONARY PERFORMANCE BONUSES DURING THE YEAR. FORM 990, PART VI, SECTION A, LINE 2 CHARLES LEE BUSINESS RELATIONSHIP THOMAS LOY BUSINESS RELATIONSHIP JANE HASKIN BUSINESS RELATIONSHIP JAMES FINCH BUSINESS RELATIONSHIP JILL CASTILLA BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11B THE CFO, PRESIDENT AND CEO REVIEW ALL FORMS AND SCHEDULES BEFORE FILING. A COMPLETE COPY OF THE FINAL FORM 990 IS THEN PROVIDED TO THE GOVERNING BOARD MEMBERS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTEREST POLICY IS COMMUNICATED TO BOARD MEMBERS AND EMPLOYEES. EMPLOYEES AND BOARD MEMBERS ARE RESPONSIBLE FOR DISCLOSING ANNUALLY ANY INTEREST THAT COULD GIVE RISE TO CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 AS DOCUMENTED IN A PREVIOUS YEAR'S BOARD OF DIRECTORS' MEETING MINUTES, THE EXECUTIVE COMPENSATION PLAN FOR THE CHIEF EXECUTIVE OFFICER WAS RECOMMENDED BY A NATIONAL COMPENSATION CONSULTING FIRM AND APPROVED BY THE BOARD, WITH THOMAS LOY, THE ONLY COMPENSATED DIRECTOR, EXCUSED FROM THE MEETING AND VOTE. THE EXECUTIVE COMPENSATION PLAN HAS REMAINED UNCHANGED SINCE THAT TIME AND IS BELIEVED TO BE AT OR BELOW MARKET. OTHER OFFICERS' COMPENSATION IS REVIEWED ANNUALLY BY THE EXECUTIVE MANAGEMENT COMMITTEE. THE EXECUTIVE MANAGEMENT COMMITTEE IS COMPRISED OF THE CHIEF EXECUTIVE OFFICER, PRESIDENT AND EXECUTIVE VICE PRESIDENT. THE ANNUAL REVIEW INCLUDES ANALYSIS OF ANNUAL PERFORMANCE REVIEWS, SALARY, BONUS, FULL BENEFIT PACKAGE, AND REVIEW OF WAGE COMPARISON WITH LIKE POSITIONS IN THE AREA WITH COMPARABLE ORGANIZATIONS. THE EXECUTIVE MANAGEMENT COMMITTEE THEN DETERMINES ANNUAL OFFICER COMPENSATION AND PRESENTS TO THE BOARD OF DIRECTORS FOR FORMAL RATIFICATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: INVESTMENT IN SUBSIDIARY'S EQUITY EARNINGS/LOSS 3,230. 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