2024-07-22T16:11:05-05:00 2023-12-31 363998687 CHERYL ROHLFS & ASSOCIATES LTD 401 HUEHL ROAD SUITE 1E NORTHBROOK IL 60062 990 2023-01-01 853613051 TRANSFORM CAPITAL TRAN 3123078774 31110 N REIGATE LANE LIBERTYVILLE IL 60048 MARK CHASSMAN CHAIR 3123078774 2024-07-22 MARK CHASSMAN XXX-XX-XXXX 1 CHERYL K ROHLFS CPA P01387972 8477539200 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z MARK CHASSMAN 31110 N REIGATE LANE LIBERTYVILLE IL 60048 409135 0 X WWW.TCCOMMUNITY.ORG X 2020 IL TRANSFORM CAPITAL IS A LENDING PLATFORM WHICH RAISES TAX-DEDUCTIBLE FUNDING AND PLACES THAT FUNDING INTO MARKET-RATE OR BELOW MARKET-RATE MORTGAGE AND BUSINESS LOANS FOR DESERVING FAMILIES IN DIS-INVESTED LOCAL COMMUNITIES. 5 4 0 4 0 0 301390 348309 20230 58548 0 1911 5225 367 326845 409135 0 0 0 0 0 0 0 0 764 18192 29541 18192 29541 308653 379594 930555 1566857 239179 495887 691376 1070970 X TRANSFORM CAPITAL IS A LENDING PLATFORM WHICH RAISES TAX-DEDUCTABLE FUNDING AND PLACES THAT FUNDING INTO MARKET-RATE OR BELOW MARKET-RATE MORTGAGE AND BUSINESS LOANS FOR DESERVING FAMILIES IN DIS-INVESTED LOCAL COMMUNITIES. 0 0 18716 60826 CAPITAL / TRANSFORM CAPITAL RAISES A TAX-DEDUCTABLE FUNDING BASE AND DEPLOYS THIS FUNDING INTO MARKET-RATE OR BELOW MARKET-RATE MORTGAGE AND BUSINESS LOANS FOR DESERVING FAMILIES IN DIS-INVESTED LOCAL ILLINOIS COMMUNITIES. 100% OF OUR CLIENTS ARE SOURCED ON REFERRAL FROM EXISTING ORGANIZATIONS ALREADY LONG SERVING THE COMMUNITY. OUR INITIAL COMMUNITY FOCUS IS NORTH CHICAGO, ILLINOIS. WE LIMIT OPERATING COSTS AT EVERY TURN, SO THAT WE CAN RECYCLE CAPITAL FOR ANOTHER CLIENT. AS OUR CLIENTS PAY BACK LOANS, THEY BECOME ON INTEGRAL PART OF "PAYING IT FORWARD" TO MAKE OWNERSHIP POSSIBLE FOR ANOTHER NEIGHBOR. WE ARE ENGAGING IN CONVERSATION WITH OTHER COMMUNITIES ACROSS THE NATION TO EXTEND THE REACH OF OUR MISSION APPROACH. CATALYST / IN ADDITION TO CAPITAL, WE PROVIDE CATALYST FOR THE ENTIRE JOURNEY OF ASSET OWNERSHIP-SEEKING TO IGNITE GENERATIONAL ADVANTAGE FOR DESERVING FAMILIES. LENDING IS SIMPLY A REASON TO BE IN RELATIONSHIP, AND WE JOURNEY WITH CLIENTS FOR DECADES - WELL BEYOND ANY LOAN "TRANSACTION". WE ACTIVATE THE TALENTS OF OUR GROWING MOVEMENT TO ENCOURAGE THE DREAMS OF OUR CLIENT FAMILIES. THIS ENCOURAGEMENT CAN TAKE MANY FORMS, INCLUDING HELPING TO OPEN (OR EXPAND) A SMALL BUSINESS, OR REFERRING CLIENTS TO OTHER ORGANIZATIONS OR INDIVIDUALS FOR RESOURCE, COUNSELING, OR COACHING. WE DO NOT BUILD NEW PROGRAMS, BUT RATHER LEVERAGE A VAST NETWORK OF INDIVIDUALS AND OTHER ORGANIZATIONS TO WALK ALONGSIDE OUR CLIENTS. WE ALSO FREQUENTLY ENGAGE WITH OTHER PARTNERS IN EVALUATING BROADER ECONOMIC DEVELOPMENT AND OTHER PROJECTS WHICH CAN ENHANCE THE QUALITY OF LIFE IN OUR LOCAL COMMUNITIES. 18716 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 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 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 IL X PAUL HAWKINSON 3123078774 31110 N REIGATE LANE LIBERTYVILLE IL 60048 MARK CHASSMAN CHAIR 5.00 X X 0 0 0 FREDERICK TOLBERT VICE CHAIR 5.00 X X 0 0 0 STEPHEN KAWASAKI SECRETARY 5.00 X X 0 0 0 ANDREA MCCRORY DIRECTOR 5.00 X 4400 0 0 PAUL HAWKINSON TREASURER AND EXECUTIVE DI 5.00 X 0 0 0 4400 0 0 0 0 0 0 0 348309 348309 ADVISORY FEES 522291 30000 30000 LOAN INTEREST AND FEE 522291 28548 28548 58548 1911 1911 MISCELLANEOUS 522291 367 367 367 409135 60826 0 0 X 3413 3413 4550 4000 550 1142 1142 1400 1400 SCHOLARSHIPS 10000 10000 GENERAL AND PROGRAM FEE 4760 1287 3473 LOAN SERVICING FEES 2022 2022 DONOR PAYMENTS' PROCESS 764 764 1490 1407 83 29541 18716 10061 764 41580 263099 524223 3306 2645 5602 2992 656205 994197 631 650 3425 2855 1712 570 930555 1566857 76 225000 475000 14103 20887 239179 495887 X 691376 1070970 691376 1070970 930555 1566857 379594 0 X 0 1 X 1 0 X 1000 385998 301390 348309 1036697 1000 385998 301390 348309 1036697 345798 690899 9431 20230 30459 60120 2318 5225 30367 37910 1134727 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2021 AMOUNT: $ 2,318. 2022 AMOUNT: $ 5,225. 2023 AMOUNT: $ 367. ADVISORY FEES - 2023 AMOUNT: $ 30,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3425 2855 570 570 CLIENT ESCROW LIABILITIES 20887 20887 409135 0 409135 0 409135 29541 0 29541 0 29541 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND OFFICERS OF THE BOARD OF DIRECTORS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ANNUALLY REVIEWS ANY CONFLICTS WITH THE BOARD AND MANAGEMENT IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE FOR INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC THROUGH REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 4,000. MANAGEMENT AND GENERAL EXPENSES 550. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,550.