2024-11-15T15:35:35-06:00 2023-12-31 760488832 McConnell & Jones LLP 6114 Fayetteville Road Suite 101 Durham NC 27713 990 2023-01-01 852659114 African American Alliance of CDFI CEOs AFRI 9107105991 301 E Pine Street Suite 175 Orlando FL 32801 Lenwood Long President 9107105991 2024-11-15 1 1 Kenneth Gibbs P00238164 9195440555 2024-11-15 2023 2024-10-15 13:58:12Z Lenwood Long 301 E Pine Street Suite 175 Orlando FL 32801 9148814 0 X N/A X 2021 FL The Alliance serves Black -led CDFIs Nationwide. Founded in 2018, The Alliance has grown with 56 Black-led community development financial institutions (CDFIs) committed to the support and growth of Black Communities and the Black executives leading CDFIs that serve those communit. 7 7 20 0 252 0 99200 8915677 8479334 232885 101 252 0 0 8578635 9148814 1442500 998000 0 0 698095 2111103 0 0 0 1249463 4554799 3390058 7663902 5188577 1484912 7010873 12206534 23634 3735383 6987239 8471151 X The Alliance serves Black -led CDFI Nationawide. Founded in 2018, The Alliance has grown with 56 Black -led Community Development Financial institutions (CDFIs) committed to the support and growth of Black Communities and the Black executives leading CDFIs that serve those community 0 0 6361287 998000 9063695 We help Alliance members expand their capacity and efficacy while providing marketplace firms with increased revenues to expand weatlh creation in the African American community 6361287 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 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 20 1 0 0 0 0 0 0 0 0 0 0 X 7 7 1 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X Oraine Reid 4074900660 301 East Pine Street Orlando FL 32801 X Donna Grambrell Chair 120.00 X X 0 0 0 Calvin Holmews Vice -Chair 120.00 X X 0 0 0 Victor Elmore Treasurer 120.00 X X 0 0 0 Vandell Hampton Secretary 120.00 X X 0 0 0 Watchen Bruce Director 120.00 X 0 0 0 Marshall Crawfoard Director 120.00 X 0 0 0 Lenwood V Long Sr Key Employees 1.00 X 290000 0 0 Amber Bond Key Employees 1.00 X 189583 0 0 Chavella Sangokoya Key Employees 1.00 X 168372 0 0 Ryan Gremillion Key Employees 1.00 X 157500 0 0 805455 0 0 5 0 1 0 0 84867 8830810 8915677 Service Fee Income 522100 151525 151525 Membership Retreat Spo 522100 78500 78500 Miscellaneous 522100 2860 2860 232885 252 252 9148814 232885 252 0 998000 998000 950682 950682 1160421 738199 422222 69850 69850 50148 40119 10029 7151 5720 1431 179877 143901 35976 8192 8192 7345 5876 1469 Professional Fees 3755927 3060621 695306 Membership Retreat 189897 189897 Software 107015 85612 21403 Communication and Marke 76330 61064 15266 103067 81596 21471 7663902 6361287 1302615 0 6979294 12046396 118250 53861 11973 31579 41888 7010873 12206534 23634 114375 0 3621008 23634 3735383 X 6987239 1563107 6908044 6987239 8471151 7010873 12206534 1484912 -1000 0 X X 0 1 X 1 0 X 2894833 8575084 8754925 20224842 2894833 8575084 8754925 20224842 7805501 12419341 522 252 774 20225616 0.61400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 53861 11973 41888 41888 Credit Cards Payable 17625 Refundable Advance 3403383 Note Payable 200000 3621008 9148814 0 9148814 0 9148814 7663902 0 7663902 0 7663902 0 Pacific Coast Regional Small Business Dev 50000 0 Unrestricted Fresno Community Development Financial In 75000 0 Unrestricted Appalachian Community Capitals 75000 0 Unrestricted Ampac Tri-State CDC 75000 0 Unrestricted African Economic Development Solutions 75000 0 Unrestricted People Trust Community Loan Fund 50000 0 Unrestricted Village Capital Corporation 75000 0 Unrestricted Legacy Redevelopment Corp 40000 0 Unrestricted Chicago Neighborhood Initiative 75000 0 Unrestricted Neighborhood Development Center 75000 0 Unrestricted Souther Bancorp Community partners 75000 0 Unrestricted Greater Cincinnati Microeonterprise 50000 0 Unrestricted National Institue for Economic Development 50000 0 Unrestricted African Development Center of Minneosta 60000 0 Unrestricted Vermont Slauson Local Development Company 12188 0 Unrestricted Sykes Equity LLC dba Private Leverage 12188 0 Unrestricted C3 Impact Fund 12188 0 Unrestricted Northwest Side Community Development 12188 0 Unrestricted Harlem Entrepreneurial Fund LLLC 12188 0 Unrestricted First Community Capita Inc 12188 0 Unrestricted Vermont Slauson Local Development Company 12188 0 Unrestricted Sykes Equity LLC dba Private Leverage 12184 0 Unrestricted 0 0 0 0 0 0 0 0 0 Lenwood V Long Sr Key Employees 200000 0 90000 0 0 0 0 0 0 0 290000 0 0 0 Amber Bond Key Employees 175000 0 14583 0 0 0 0 0 0 0 189583 0 0 0 Chavella Sangokoya Key Employees 155455 0 12917 0 0 0 0 0 0 0 168372 0 0 0 Ryan Gremillion Key Employees 146250 0 11250 0 0 0 0 0 0 0 157500 0 0 0 Marcus Long A Board Member Son 88542 IT Manager 0 Form 990, Part VI, Section A, line 2 The IT manager is the son of a board member. Form 990, Part VI, Section A, line 6 The Coporation shall have one class of members, which shall consist of those individuals and /or entities who apply for membership in the corporation by meeting such qualifications, completing such forms, and paying such membership fee or fees as shall from time to time be designated by the Board of Directors. The members shall consist of entitites that have a Chief Executive officer, president or Executive Director who is African American. Form 990, Part VI, Section B, line 11b The Corporation shall keep correct and complete books and records of account and shall also keep minutes of the proceedings of its members, Board of Directors and committees having any of the authority of the Board of Directors, and shall keep at its registered or principal office a record giving the names and addresses of the members entitled to vote. All books and records of the Corporation may be inspected by any member, or his agent or attorney, for any proper purpose at any reasonable time. Form 990, Part VI, Section B, line 12c Board members certify annually and are asked to disclose any instances. Form 990, Part VI, Section B, line 15 We hired a consultant to perform a compensation study to ensure all salaries were in line with industry experience, education, and localation of the positions. Form 990, Part VI, Section C, line 19 The Corporation shall keep correct and complete books and records of account and shall also keep minutes of the proceedings of its members, Board of Directors and Committees having any of the authority of the Board of Directors, and shall keep at its registered or principal office a record giving the name and addresses of the members entitled to vote. All books and records of the Corporation may be insepected byany member, or his agent or attorney, for any proper purpose at any reasonable time. Form 990 Page 12 Part Xll Line 2c The process has not changed from the prior year.