2024-11-15T09:42:20-06:00 2023-12-31 430765316 RUBINBROWN LLP 7676 FORSYTH BLVD SUITE 2100 SAINT LOUIS MO 63105 990 2023-01-01 161765276 INTERNATIONAL INSTITUTE COMMUNITY DEVELOPMENT CORPORATION INTE 3147739090 3401 ARSENAL STREET ST LOUIS MO 63118 ARREY OBENSON PRESIDENT 3147739090 2024-11-12 1 1 KIMBERLY A RYAN P00829977 3142903300 2023 2024-10-15 13:58:12Z IICDC ARREY OBENSON 3401 ARSENAL STREET ST LOUIS MO 63118 51837 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 26 0 0 17000 4100 26116 47737 0 0 0 0 43116 51837 0 18000 0 0 29889 28549 0 0 0 39794 50010 69683 96559 -26567 -44722 956505 1034091 430569 552877 525936 481214 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 92726 18000 47737 SEE SCHEDULE O.THE MICROENTERPRISE AND ASSET BUILDING PROGRAM OF THE INTERNATIONAL INSTITUTE COMMUNITY DEVELOPMENT CORPORATION (IICDC) FOCUSES ON 1) CREDIT, ASSET, AND BUSINESS TRAINING AND TECHNICAL ASSISTANCE FOR IMMIGRANTS, 2) MICRO LENDING 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 (WHEN APPLICABLE) AND INSTITUTIONAL DONORS, WE PROVIDE MICRO-LOANS OF UP TO $65,000 TO QUALIFIED IMMIGRANT ENTREPRENEURS. OUR BUSINESS PRODUCTS ARE SUPPORTED BY WRAP AROUND BUSINESS DEVELOPMENT ASSISTANCE AND TRAINING. WE COVER TOPICS SUCH AS CREDIT COUNSELING, BUSINESS PLAN DEVELOPMENT, FINANCIAL MODELING AND MARKET ANALYSIS.INCORPORATED IN 2006, IICDC IS DEDICATED TO EXPANDING OUR MICRO-LENDING SERVICES TO THE BROADER IMMIGRANT COMMUNITY. THE IICDC AND THE INTERNATIONAL INSTITUTE OF METROPOLITAN ST. LOUIS (IISTL) (II) ARE SEPARATELY ORGANIZED ENTITIES, EACH WITH 501(C)(3) STATUS. IICDC IS ORGANIZED AS A SUPPORTING ORGANIZATION OF THE IISTL. THE IICDC RECEIVED CDFI (COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION) STATUS FROM THE U.S. DEPARTMENT OF THE TREASURY IN 2008. THE IICDC ADVISORY BOARD INCLUDES MEMBERS WHO REPRESENT THE TARGET LENDING MARKETS AND SUPPORTING ORGANIZATIONS. IICDC LENDING CAPITAL COMPRISES OF ACCESS UP TO $500,000 OF CREDIT BETWEEN PARTNERING BANKS INCLUDING PNC BANK, MIDWEST BANKCENTRE AND CARROLLTON BANK. THERE IS $224,283 CURRENTLY BORROWED BY THE IICDC BETWEEN THE THREE BANKS. IN 2023, IICDC MADE 21 NEW LOANS TO IMMIGRANT AND REFUGEE ENTREPRENEURS IN THE FISCAL YEAR OF 2023, TOTALING $87,000. DURING THIS YEAR, OUR PORTFOLIO MANAGED 34 ACTIVE LOANS WITH THE OUTSTANDING BALANCE OF $75,774.70. FOR THE YEARLY FREE TAX PREPARATION SERVICES, WE HOSTED SESSIONS TWICE PER WEEK DURING THE SERVICE PERIOD THAT INCLUDED THE TOTAL OF 660 FEDERAL RETURNS FILED, AND 677 STATE RETURNS FILED: FOR INDIVIDUALS AND HOUSEHOLDS. THE TOTAL REFUNDS GENERATED FROM THE ACTIVITIES WAS $744,678 IN FEDERAL REFUNDS CLAIMED, AND $415,430 IN STATE REFUNDS CLAIMED. THESE SERVICES LED TO AN ESTIMATED $171,600 IN COST REDUCTION DUE TO THE TAX PREPARATION FEES BEING OFFERED AT NO COST. 92726 1 0 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 1 0 1 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 ELISSA SCHAUMAN CHAIR 1.00 X X 0 0 0 JOHN WADE SECRETARY 1.00 X X 0 0 0 DIEGO ABENTE DIRECTOR 1.00 X 0 0 0 ALAA ALDERIE DIRECTOR 1.00 X 0 0 0 OLA AYENI DIRECTOR 1.00 X 0 0 0 MARIA DE GREGORIO DIRECTOR 1.00 X 0 0 0 LAURA HUGHES DIRECTOR 1.00 X 0 0 0 JAVAD KHAZAELI DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL KODJO ANANI DIRECTOR 1.00 X 0 0 0 BEN MOLINA DIRECTOR 1.00 X 0 0 0 DAN RYAN DIRECTOR 1.00 X 0 0 0 GUL TOTAKHIL DIRECTOR 1.00 X 0 0 0 ARREY OBENSON IICDC & IISTL PRESIDENT (AS OF 10/23) 1.00 40.00 X 0 212796 0 BENJAMIN C WASHINGTON PRESIDENT (THRU 9/23) 1.00 40.00 X 0 172705 0 0 385501 0 0 0 1 0 0 4100 4100 LOAN AND CLOSING FEES 531390 29144 29144 INTEREST 523000 18593 18593 47737 51837 47737 0 0 18000 18000 21512 21512 3101 3101 244 244 3692 3692 1260 1260 2573 2573 459 459 1499 1499 15588 15588 83 83 19533 19533 3023 3023 EQUIPMENT RENTAL AND MA 5962 5962 BANK CHARGES 30 30 96559 92726 3833 0 36532 38103 766531 854165 153442 141823 956505 1034091 149547 196855 128400 128400 152622 227622 430569 552877 X 489946 445224 35990 35990 525936 481214 956505 1034091 -44722 0 X 0 1 X 1 0 X X X 1 INTERNATIONAL INSTITUTE OF ST LOUIS 430652640 7 1 0 92726 1 0 92726 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 NOTES RECEIVABLE 141823 C 141823 0 OFFICE OF REFUGEE RESETTLEMENT 330 C ST SW ROOM 5123 WASHINGTON DC 20201 18000 0 MICROENTERPRISE DEVELOPMENT LOANS TO REFUGEES. 1 1 X X X 0 0 0 0 0 0 0 0 0 ARREY OBENSON IICDC & IISTL PRESIDENT (AS OF 10/23 0 212796 0 0 0 0 0 0 0 0 0 212796 0 0 BENJAMIN C WASHINGTON PRESIDENT (THRU 9/23) 0 167605 0 0 0 5100 0 0 0 0 0 172705 0 0 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