2025-05-14T05:30:47-05:00 2024-06-30 333709623 COHNREZNICK ADVISORY LLC 350 GRANITE STREET SUITE 1200 BRAINTREE MA 02184 990 2023-07-01 043122535 COMMUNITY HEALTH CENTER CAPITAL FUND INC COMM 6174220350 40 COURT STREET 10TH FLOOR BOSTON MA 02108 REBECCA REGAN CEO 6174220350 2025-05-13 1 0 JOLANTA TUCK P01340068 7813803520 2025-05-12 2023 2025-03-06 01:10:19Z REBECCA REGAN 40 COURT STREET 10TH FLOOR BOSTON MA 02108 5989855 0 X WWW.CHC-CAPITALFUND.ORG X 1988 MA ASSIST COMMUNITY HEALTH CENTERS IN ACCESSING CAPITAL. 7 7 0 7 0 0 1547462 2814254 3008319 2953451 11654 222150 0 0 4567435 5989855 94361 462149 0 0 0 0 0 0 0 2327760 2241759 2422121 2703908 2145314 3285947 22910777 26844673 11717414 12356965 11193363 14487708 COMMUNITY HEALTH CENTER CAPITAL FUND, INC. ASSISTS COMMUNITY HEALTH CENTERS IN ACCESSING CAPITAL FOR BUILDING AND EQUIPMENT PROJECTS. 0 0 2107650 462149 2953451 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. 2107650 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 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 4 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 MELVIN BENSON TREASURER 0.50 X X 0 0 0 MICHAEL CURRY ESQ CHAIR 1.00 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 REBECCA REGAN CEO 20.00 20.00 X 0 360994 55216 BRANDON BOYLE DIRECTOR OF LOAN PROGRAMS 40.00 X 0 264485 24622 0 625479 79838 0 0 1 0 0 2805955 8299 2814254 LOAN PROGRAM FEES 525990 1974767 1974767 INTEREST INCOME FROM L 525990 975638 975638 LOAN MONITORING AND SE 525990 3046 3046 2953451 222150 222150 5989855 2953451 0 222150 X 462149 462149 35100 26026 9074 186411 138222 48189 1536459 1037880 498579 15556 10777 4779 50004 34645 15359 18827 13043 5784 29182 28366 816 321369 321369 20315 14074 6241 28536 21099 7437 2703908 2107650 596258 0 1296165 250094 20503 6691534 297212 461610 21296897 19441435 22910777 26844673 31392 82474 25000 25000 6837268 9929278 4756250 2274353 67504 45860 11717414 12356965 X 10707938 14487708 485425 0 11193363 14487708 22910777 26844673 X 3285947 8398 X 0 1 X 1 0 X X 1 CAPITAL LINK INC 521593251 10 1 305760 1801890 1 305760 1801890 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 19441435 F 19441435 DUE TO AFFILIATE 45860 45860 X 5658135 -331720 -331720 5989855 0 5989855 2363790 0 2363790 340118 340118 2703908 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 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 FINANCIAL STATEMENTS AT JUNE 30, 2024 AND 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: ADMINISTRATIVE FEES -18,749. RECOVERY OF LOAN LOSS 8,398. INTEREST EXPENSE RECLASSED TO EXPENSES -321,369. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST EXPENSE RECLASSED TO EXPENSES 321,369. ADMINISTRATIVE FEES 18,749. 1 CAPITAL LINK 40 COURT STREET 10TH FLOOR BOSTON MA 02108 521593251 501(C)(3) 305760 0 NEW MARKETS READINESS GRANT HEALTHCARE GEORGIA FOUNDATION INC 999 PEATREE STREET NE 400 ATLANTA GA 30309 582418091 501(C)(3) 46025 0 NEW MARKETS READINESS GRANT DELAWARE VALLEY COMMUNITY HEALTH INC 1412-20 FAIRMOUNT AVENUE PHILADELPHIA PA 19130 232077750 501(C)(3) 10000 0 NEW MARKETS READINESS GRANT HARBOR COMMUNITY HEALTH CENTERS 593 W 6TH ST SAN PEDRO CA 90731 237103245 501(C)(3) 7875 0 NEW MARKETS READINESS GRANT HEALTHPOINT 955 POWELL AVE SW SUITE A RENTON WA 98057 910884412 501(C)(3) 12000 0 NEW MARKETS READINESS GRANT LOWELL COMMUNITY HEALTH CENTER INC 161 JACKSON ST LOWELL MA 01854 042881348 501(C)(3) 12500 0 NEW MARKETS READINESS GRANT MERCY MEDICAL 4633 QUITMAN HIGHWAY HODGE LA 71247 821011481 501(C)(3) 17500 0 NEW MARKETS READINESS GRANT MUSKINGUM VALLEY 859 N MAIN ST ZANESVILLE OH 43758 208814374 501(C)(3) 16000 0 NEW MARKETS READINESS GRANT WHEELER CLINIC 91 NORTHWEST DR PLAINVILLE CT 06062 060867065 501(C)(3) 12000 0 NEW MARKETS READINESS GRANT WINNTRINITY 201 CHEROKEE DR WINNFIELD LA 71483 205823527 501(C)(3) 14000 0 NEW MARKETS READINESS GRANT CF NPP-2 40 COURT STREET 10TH FLOOR BOSTON MA 02108 521593251 501(C)(3) 8489 0 NEW MARKETS READINESS GRANT 11 PART I, LINE 2: MANAGEMENT MAINTAINS RECORDS TO SUBSTANTIATE THE AMOUNT OF GRANTS AWARDED. 0 1 0 0 0 0 0 0 0 REBECCA REGAN CEO 0 323855 0 30965 0 6174 0 25136 0 30080 0 416210 0 0 BRANDON BOYLE DIRECTOR OF LOAN PROGRAMS 0 224503 0 22644 0 17338 0 20000 0 4622 0 289107 0 16538 PART I, LINE 4B THE FOLLOWING INDIVIDUALS PARTICPATE IN 457(F) PLAN: - REBECCA REGAN, CHIEF EXECUTIVE OFFICER - BRANDON BOYLE, DIRECTOR OF LOAN PROGRAMS IN 2023, SUSAN PETRIE HAD VESTED AMOUNT $161,425 AND BRANDON BOYLE HAD VESTED AMOUNT 16,538. 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 0. MANAGEMENT AND GENERAL EXPENSES 23,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,000. MANAGEMENT - CAPITAL LINK: PROGRAM SERVICE EXPENSES 1,037,880. MANAGEMENT AND GENERAL EXPENSES 456,830. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,494,710. 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 8,398. 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 5531 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 6 747 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 12149 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 9854 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 10124 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 1215 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 10 0 1 1.00000 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 14 0 1 1.00000 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 -1155609 0 1 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 6 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 3613 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 5076150 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 5533189 0.65000 1 0 1 1 0 0 0 0 0 0 0 1 1 1 1 1 1 1 0 0