2024-04-11T01:48:03-05:00 2023-06-30 221478099 COHNREZNICK LLP 350 GRANITE STREET SUITE 1200 BRAINTREE MA 02184 990 2022-07-01 043122535 COMMUNITY HEALTH CENTER CAPITAL FUND INC COMM 6174220350 40 COURT STREET 10TH FLOOR BOSTON MA 02108 REBECCA REGAN CEO 6174220350 2024-04-10 1 REBECCA REGAN 999009999 0 JOLANTA TUCK CPA P01340068 7813803520 2024-03-19 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z REBECCA REGAN 40 COURT STREET 10TH FLOOR BOSTON MA 02108 4567435 0 X WWW.CHC-CAPITALFUND.ORG X 1988 MA ASSIST COMMUNITY HEALTH CENTERS IN ACCESSING CAPITAL. 7 7 0 9 0 0 2542651 1547462 2173568 3008319 813 11654 1604 0 4718636 4567435 155125 94361 0 0 0 0 0 0 0 1720240 2327760 1875365 2422121 2843271 2145314 17231715 22910777 8178442 11717414 9053273 11193363 COMMUNITY HEALTH CENTER CAPITAL FUND, INC. ASSISTS COMMUNITY HEALTH CENTERS IN ACCESSING CAPITAL FOR BUILDING AND EQUIPMENT PROJECTS. 0 0 1845377 94361 3008319 COMMUNITY HEALTH CENTER CAPITAL FUND IS DEDICATED TO SUPPORTING THE GROWTH AND DEVELOPMENT OF FEDERALLY QUALIFIED HEALTH CENTERS BY PROVIDING LOANS AND LOAN PROGRAMS STRUCTURED TO MEET HEALTH CENTERS' NEEDS AND BY COLLABORATING WITH OTHERS TO ADVANCE THE PRACTICE OF RESPONSIVE LENDING TO THE HEALTH CENTER SECTOR. 1845377 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 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 0 1 1 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 1 1 0 MA CA X REBECCA REGAN 6174220350 40 COURT STREET 10TH FLOOR BOSTON MA 02108 E BENJAMIN MONEY JR VICE CHAIR 0.50 0.50 X X 0 0 0 JAMES W HUNT JR BOARD MEMBER 0.50 0.50 X 0 0 0 LINDY HAHN OUTGOING BOARD MEMBER 0.50 X 0 0 0 MELVIN BENSON TREASURER 0.50 X X 0 0 0 MICHAEL BEACHLER OUTGOING BOARD MEMBER 0.50 X 0 0 0 MICHAEL CURRY ESQ CHAIR 0.50 1.00 X X 0 0 0 NONI RAMOS BOARD MEMBER 0.50 X 0 0 0 SABRINA STRATTON BOARD MEMBER 0.50 X 0 0 0 STEPHEN LEONARD CLERK 0.50 X X 0 0 0 ALLISON COLEMAN OUTGOING CEO 17.50 17.50 X 0 887382 30764 REBECCA REGAN CEO 17.50 17.50 X 0 160066 19107 SUSAN PETRIE OUTGOING COO 5.00 30.00 X 0 295519 47505 BRANDON BOYLE DIRECTOR OF LOAN PROGRAMS 35.00 X 0 196281 41717 0 1539248 139093 0 0 1 0 0 560000 987462 1547462 LOAN PROGRAM FEES 525990 1726229 1726229 INTEREST INCOME FROM L 525990 1274208 1274208 LOAN MONITORING AND SE 525990 7882 7882 3008319 11654 11654 4567435 3008319 0 11654 X 94361 94361 30718 20743 9975 99049 66886 32163 1442101 961168 480933 3150 2140 1010 42828 29093 13735 26598 18067 8531 48562 32986 15576 27509 24932 2577 539860 539860 17551 11922 5629 49834 43219 6615 2422121 1845377 576744 0 1906169 1296165 686167 20503 287195 297212 14352184 21296897 17231715 22910777 22670 31392 25000 2266376 4756250 5837268 6837268 52128 67504 8178442 11717414 X 9053273 10707938 485425 9053273 11193363 17231715 22910777 X 2145314 -5224 X 0 1 X 1 0 X X 1 CAPITAL LINK INC 521593251 10 1 94361 0 1 94361 0 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 AND INTEREST RECEIVABLE 21296897 F 21296897 DUE TO AFFILIATE 67504 67504 X 4003602 -563833 -563833 4567435 0 4567435 1863512 0 1863512 558609 558609 2422121 PART X, LINE 2: CAPITAL FUND ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATING FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. CAPITAL FUND HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATING FINANCIAL STATEMENTS AT JUNE 30, 2023 AND 2022. CAPITAL FUND'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ADMINISTRATIVE FEES -18,749. PROVISION FOR LOAN LOSS -5,224. INTEREST EXPENSE RECLASSED TO EXPENSES -539,860. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST EXPENSE RECLASSED TO EXPENSES 539,860. ADMINISTRATIVE FEES 18,749. 1 CAPITAL LINK 40 COURT STREET 10TH FLOOR BOSTON MA 02108 521593251 501(C)(3) 94361 0 NEW MARKETS READINESS GRANT 1 PART I, LINE 2: MANAGEMENT MAINTAINS RECORDS TO SUBSTANTIATE THE AMOUNT OF GRANTS AWARDED. 0 1 0 0 0 0 0 0 0 ALLISON COLEMAN OUTGOING CEO 0 841036 0 36783 0 9563 0 21350 0 9414 0 918146 0 254399 SUSAN PETRIE OUTGOING COO 0 265372 0 29276 0 871 0 18292 0 29213 0 343024 0 0 BRANDON BOYLE DIRECTOR OF LOAN PROGRAMS 0 177230 0 18346 0 705 0 14004 0 27713 0 237998 0 0 REBECCA REGAN CEO 0 159647 0 0 0 419 0 5359 0 13748 0 179173 0 0 PART I, LINE 4B THE FOLLOWING INDIVIDUALS PARTICPATE IN 457(F) PLAN: - ALLISON COLEMAN, OUTGOING CHIEF EXECUTIVE OFFICER - SUSAN PETRIE, CHIEF OPERATING OFFICER - JONATHAN CHAPMAN, CHIEF PROJECT OFFICER - BRANDON BOYLE, DIRECTOR OF LOAN PROGRAMS IN 2022, ALLISON COLEMAN HAD VESTED AMOUNT $254,399. AMOUNT IS INCLUDED ON SCHEDULE J, PART II, COLUMN B(III), PART 1, LINE 3: CAPITAL LINK, A RELATED ORGANIZATION, USED THE FOLLOWING TO ESTABLISH THE COMPENSAITON OF THE ORGANIZATION'S CEO/EXECUTIVE DIRECTOR: COMPENSATION SURVEY OR STUDY, FORM 990 OF OTHER ORGANIZATIONS, AND COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION A, LINE 3 CAPITAL LINK (SEE SCHEDULE R) AND CAPITAL FUND HAVE A MEMORANDUM OF AGREEMENT, WHICH RENEWS ANNUALLY, UNDER WHICH CAPITAL LINK PROVIDES MANAGEMENT AND SUPPORT SERVICES FOR CAPITAL FUND. FORM 990, PART VI, SECTION A, LINE 6 CAPITAL LINK (SEE SCHEDULE R) SERVES AS THE SOLE CORPORATE MEMBER OF CAPITAL FUND. FORM 990, PART VI, SECTION A, LINE 7A CAPITAL LINK (SEE SCHEDULE R) SERVES AS THE SOLE CORPORATE MEMBER OF CAPITAL FUND AND, AS SUCH, APPOINTS ITS BOARD. FORM 990, PART VI, SECTION A, LINE 8B COMMUNITY HEALTH CENTER CAPITAL FUND INC. DOES NOT HAVE ANOTHER COMMITTEE WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY MANAGEMENT AND CHAIR AND THE TREASURER OF THE BOARD OF DIRECTORS AND THEN IS MADE AVAILALBE TO THE ENTIRE BOARD PRIOR TO ITS SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C COMMUNITY HEALTH CENTER CAPITAL FUND, INC. REQUIRES AN ANNUAL SIGN OFF FROM DIRECTORS DISCLOSING INTERESTS THAT COULD GIVE RISE TO CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 CAPITAL LINK ENGAGED IN COMPENSATION STUDIES DURING FISCAL YEAR 2012, 2015, AND 2018 IN CONNECTION WITH RENEGOTIATING KEY EMPLOYEE CONTRACTS. AS AUTHORIZED BY THE FULL BOARD, CAPITAL LINK'S INDEPENDENT COMPENSATION COMMITTEE REVIEWED THE STUDIES AND SET KEY EMPLOYEE SALARIES CONSISTENT WITH COMPARABLE MARKET TRENDS. FORM 990, PART VI, SECTION C, LINE 19 COMMUNITY HEALTH CENTER CAPITAL FUND, INC. MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANTS - NMTC: PROGRAM SERVICE EXPENSES 19,238. MANAGEMENT AND GENERAL EXPENSES 9,251. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,489. MANAGEMENT - CAPITAL LINK: PROGRAM SERVICE EXPENSES 941,930. MANAGEMENT AND GENERAL EXPENSES 452,933. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,394,863. ADMINISTRATIVE FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 18,749. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,749. FORM 990, PART XI, LINE 9: PROVISION FOR LOAN LOSS -5,224. CAPITAL LINK 40 COURT STREET 10TH FLOOR BOSTON MA 02108 521593251 TECHNICAL ASSISTANCE MA 501(C)(3) LINE 10 THE MASSACHUSETTS LEAGUE OF COMMUNITY HEALTH 0 MASS LEAGUE OF COMMUNITY HEALTH CENTERS 40 COURT STREET 10TH FLOOR BOSTON MA 02108 042507409 ASSISTANCE TO COMMUNITY HEALTH CENTERS MA 501(C)(3) LINE 7 N/A 0 CAPITAL FUND NMTC CDE #10 LLC 40 COURT STREET 10TH FLOOR BOSTON MA 02108 824702510 TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS DE COMMUNITY HEALTH CENTER CAPITAL FUND RELATED 12 6031 0 1 0.00010 CAPITAL FUND NMTC CDE #11 LLC 40 COURT STREET 10TH FLOOR BOSTON MA 02108 824741949 TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS DE COMMUNITY HEALTH CENTER CAPITAL FUND RELATED 6 748 0 1 0.00010 CAPITAL FUND NMTC CDE #12 LLC 40 COURT STREET 10TH FLOOR BOSTON MA 02108 824757588 TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS DE COMMUNITY HEALTH CENTER CAPITAL FUND RELATED 8 12150 0 1 0.00010 CAPITAL FUND NMTC CDE #13 LLC 40 COURT STREET 10TH FLOOR BOSTON MA 02108 852260983 TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS DE COMMUNITY HEALTH CENTER CAPITAL FUND RELATED 6 9855 0 1 0.00010 CAPITAL FUND NMTC CDE #14 LLC 40 COURT STREET 10TH FLOOR BOSTON MA 02108 852261226 TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS DE COMMUNITY HEALTH CENTER CAPITAL FUND RELATED 6 8775 0 1 0.00010 CAPITAL FUND NMTC CDE #15 LLC 40 COURT STREET 10TH FLOOR BOSTON MA 02108 852267898 TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS DE COMMUNITY HEALTH CENTER CAPITAL FUND RELATED 6 10125 0 1 0.00010 CAPITAL FUND NMTC CDE #16 LLC 40 COURT STREET 10TH FLOOR BOSTON MA 02108 852268007 TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS DE COMMUNITY HEALTH CENTER CAPITAL FUND RELATED 10 16470 0 1 0.00010 CAPITAL FUND NMTC CDE #2 LLC 40 COURT STREET 10TH FLOOR BOSTON MA 02108 474369746 TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS DE COMMUNITY HEALTH CENTER CAPITAL FUND RELATED 6 3146 0 1 0.00010 CAPITAL FUND NMTC CDE #3 LLC 40 COURT STREET 10TH FLOOR BOSTON MA 02108 474371718 TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS DE COMMUNITY HEALTH CENTER CAPITAL FUND RELATED 7 5383 0 1 0.00010 CAPITAL FUND NMTC CDE #4 LLC 40 COURT STREET 10TH FLOOR BOSTON MA 02108 474376770 TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS DE COMMUNITY HEALTH CENTER CAPITAL FUND RELATED 14 12715 0 1 0.00010 CAPITAL FUND NMTC CDE #5 LLC 40 COURT STREET 10TH FLOOR BOSTON MA 02108 474376854 TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS DE COMMUNITY HEALTH CENTER CAPITAL FUND RELATED 9 2583 0 1 0.00010 CAPITAL FUND NMTC CDE #6 LLC 40 COURT STREET 10TH FLOOR BOSTON MA 02108 474388461 TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS DE COMMUNITY HEALTH CENTER CAPITAL FUND RELATED 5 4393 0 1 0.00010 CAPITAL FUND NMTC CDE #9 LLC 40 COURT STREET 10TH FLOOR BOSTON MA 02108 824670463 TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS DE COMMUNITY HEALTH CENTER CAPITAL FUND RELATED 6 3614 0 1 0.00010 CAPITAL FUND NMTC CDE #7 LLC 40 COURT STREET 10 FLOOR BOSTON MA 02108 824722117 TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS DE COMMUNITY HEALTH CENTER CAPITAL FUND C 129025 5079446 0.65000 1 CAPITAL FUND NMTC CDE #8 LLC 40 COURT STREET 10 FLOOR BOSTON MA 02108 824686484 TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS DE COMMUNITY HEALTH CENTER CAPITAL FUND C 85150 5536107 0.65000 1 0 1 1 0 0 0 0 0 0 0 1 1 1 1 1 1 1 0 0