2025-10-08T09:43:58-05:00 2024-12-31 333709623 COHNREZNICK ADVISORY LLC 1305 WALT WHITMAN ROAD SUITE 210 MELVILLE NY 11747 990 2024-01-01 822572776 RF IMPACT ADVISERS INC RFIM 2155745800 1700 MARKET ST 19TH FL PHILADELPHIA PA 19103 TIFFANY CANADY CHIEF FINANCIAL OFFICER 2155745800 2025-10-06 1 1 ZACHARY SEGAL P01511850 5163365500 2025-10-05 2024 2025-03-06 01:10:19Z TIFFANY CANADY 1700 MARKET ST 19TH FL PHILADELPHIA PA 19103 289452 0 X WWW.REINVESTMENT.COM X 2017 PA RFIA IS ORGANIZED EXCLUSIVELY FOR SOCIAL WELFARE PURPOSES, INCLUDING, FOR SUCH PURPOSES, INCREASING THE CAPITAL AVAILABLE TO ORGANIZATIONS THAT DEVELOP AND/OR OPERATE LONG TERM AFFORDABLE HOUSING FOR THE ECONOMICALLY AND PHYSICALLY DISADVANTAGED, COMMUNITY FACILITIES SUCH AS SCHOOLS AND COMMUNITY HEALTH CENTERS, BUSINESSES PROVIDING ACCESS TO HEALTHY FOODS, SUSTAINABLE ENERGY PROJECTS, COMMERCIAL REAL ESTATE, AND OTHER PROJECTS THAT MAY INCREASE SOCIAL WELFARE. 5 4 0 4 0 0 0 0 290743 288068 0 0 0 1384 290743 289452 0 0 0 0 0 0 0 0 0 374097 409275 374097 409275 -83354 -119823 549507 432388 72397 75101 477110 357287 X RFIA IS ORGANIZED EXCLUSIVELY FOR SOCIAL WELFARE PURPOSES, INCLUDING, FOR SUCH PURPOSES, INCREASING THE CAPITAL AVAILABLE TO ORGANIZATIONS THAT DEVELOP AND/OR OPERATE LONG TERM AFFORDABLE HOUSING FOR THE ECONOMICALLY AND PHYSICALLY DISADVANTAGED, COMMUNITY FACILITIES SUCH AS SCHOOLS AND COMMUNITY HEALTH CENTERS, BUSINESSES PROVIDING ACCESS TO HEALTHY FOODS, SUSTAINABLE ENERGY PROJECTS, COMMERCIAL REAL ESTATE, AND OTHER PROJECTS THAT MAY INCREASE SOCIAL WELFARE. 0 0 409275 288068 RF IMPACT ADVISERS INC. (RFIA) PURSUES ITS PURPOSES BY INCREASING THE PARTICIPATION OF CONVENTIONAL FINANCIAL INSTITUTIONS IN THE FINANCING OF SUCH PROJECTS THROUGH THE SALE OF LOANS, DIRECT AND INDIRECT LOAN PARTICIPATION, INCREASING ACCESS TO CAPITAL THROUGH VARIOUS MEANS TAILORED TO ACHIEVE ITS SOCIAL WELFARE PURPOSES, AND MAKING CHARITABLE CONTRIBUTIONS TO THE REINVESTMENT FUND, INC., AND ANY OTHER NON-PROFIT CORPORATION OF WHICH THE REINVESTMENT FUND IS A MEMBER, PROVIDED THE RECIPIENT ORGANIZATION IS EXEMPT FROM FEDERAL TAX UNDER SECTION 501(C)(3) OF THE IRC. 409275 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 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 1 0 0 1 6 0 1 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 1 1 0 0 0 PA X TIFFANY CANADY 2155745856 1700 MARKET ST 19TH FL PHILADELPHIA PA 19103 DONALD HINKLE-BROWN DIRECTOR 0.50 38.00 X 0 648910 78378 PATRICK P COYNE DIRECTOR 0.50 X 0 0 0 SCOTT M JENKINS DIRECTOR 0.50 X 0 0 0 LISA DETWILER CHAIR 0.50 2.00 X X 0 0 0 SAUL A BEHAR VICE CHAIR 0.50 3.00 X X 0 0 0 0 648910 78378 0 0 1 0 0 ASSET MANAGEMENT FEES 900099 288068 288068 288068 STATE AND LOCAL REFUND 900099 1384 1384 1384 289452 289452 0 0 300218 300218 8437 8437 26550 26550 29404 29404 9200 9200 5931 5931 19920 19920 LOAN SERVICE FEE EXPENS 7500 7500 REGISTRATION FEE EXPENS 2115 2115 409275 409275 0 0 250611 202824 264039 168325 34857 61239 549507 432388 72397 75101 72397 75101 X 477110 357287 477110 357287 549507 432388 -119823 0 X 0 1 X 0 0 0 X PART X, LINE 2: REINVESTMENT FUND AND ITS AFFILIATES, EXCEPT FOR POLICYMAP, ARE GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTIONS 501(C)(3) AND 501(C)(4) OF THE IRC. REINVESTMENT FUND QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. INCOME WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. REINVESTMENT FUND AND ITS AFFILIATES DID NOT HAVE ANY SIGNIFICANT UNRELATED BUSINESS INCOME TAX FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. POLICYMAP IS SUBJECT TO FEDERAL AND STATE INCOME TAXES. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. CONSEQUENTLY, NO ACCRUAL FOR INTEREST AND PENALTIES WAS DEEMED NECESSARY FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. THE ORGANIZATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL AND STATE JURISDICTIONS. GENERALLY, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2021. 0 1 0 0 0 0 0 0 0 DONALD HINKLE-BROWN DIRECTOR 0 472928 0 129560 0 46422 0 46116 0 32262 0 727288 0 0 PART I, LINE 4B SCHEDULE J, PART I LINE 4B: THE REINVESTMENT FUND, INC. HAS ESTABLISHED A DEFERRED COMPENSATION PLAN UNDER SECTION 457(F) FOR A SELECT GROUP OF MANAGEMENT AND HIGHLY COMPENSATED EMPLOYEES OF RF. THE AMOUNT OF A PARTICIPANT'S EMPLOYER CONTRIBUTION, AND THE DATE ON WHICH THE EMPLOYER CONTRIBUTION IS CONTRIBUTED AND CREDITED TO HIS OR HER ACCOUNT, WILL BE SET FORTH IN THE CONTRIBUTION NOTICE FOR THAT PLAN YEAR. ALL ACCRUED DEFERRED COMPENSATION SHALL VEST AND BE PAYABLE (I) ON THE DATE THE PARTICIPANT ATTAINS NORMAL RETIREMENT AGE, PROVIDED THAT THE PARTICIPANT CONTINUES TO BE AN EMPLOYEE ON THAT DATE, (II) AFTER SEVERANCE OF EMPLOYMENT DUE TO PARTICIPANT'S DISABILITY OR TERMINATION BY TRF WITHOUT CAUSE, OR (III) IN ACCORDANCE WITH THE VESTING SCHEDULE SET FORTH IN THE CONTRIBUTION NOTICE PROVIDED TO THE PARTICIPANT FOR THAT EMPLOYER CONTRIBUTION. THE FOLLOWING INDIVIDUALS PARTICIPATED IN THE 457(F) PLAN: I) DONALD HINKLE-BROWN, II) A 457(F) PARTICIPANT WILL FORFEIT THE PORTION OF HIS OR HER ACCOUNT THAT IS NOT VESTED AS OF THE DATE HE OR SHE INCURS A SEVERANCE FROM EMPLOYMENT WITH REINVESTMENT FUND. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ENGAGED OUR INDEPENDENT ACCOUNTANTS COHNREZNICK LLP TO PREPARE THE FORM 990 IN ACCORDANCE WITH OUR AUDITED FINANCIAL STATEMENTS. THE FORM 990 IS THEN REVIEWED BY MANAGEMENT, AND THE RFIA BOARD OF DIRECTORS, PRIOR TO THE SUBMISSION OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C CURRENTLY A COMPREHENSIVE CONFLICT OF INTEREST QUESTIONNAIRE IS DISTRIBUTED ANNUALLY TO ALL BOARD AND COMMITTEE MEMBERS, AS WELL AS TO THE EXECUTIVE TEAM. THE COMPLETED QUESTIONNAIRES ARE RETURNED TO THE ORGANIZATION'S CORPORATE SECRETARY. THE COMPLETED QUESTIONNAIRES ARE REVIEWED AND MONITORED BY THE CORPORATE SECRETARY, AS WELL AS OUTSIDE COUNSEL AS DEEMED APPROPRIATE, AND ANY POTENTIAL CONFLICTS ARE COMMUNICATED TO THE ORGANIZATION'S CEO, AUDIT COMMITTEE AND BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST STATEMENT, FORM(S) 1024, 990 AND FINANCIAL STATEMENT AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). AVAILABILITY IS MADE THROUGH ITS OFFICES AT 1700 MARKET STREET, 19TH FLOOR, PHILADELPHIA, PA 19103. THE ORGANIZATION'S CONSOLIDATED FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE REINVESTMENT FUND'S WEBSITE. 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PRIMARY ACTIVITY: REDEVELOPMENT ACTIVITIES INCLUDING RENTAL FACILITIES NAME OF RELATED ORGANIZATION: OH CHELTEN PARTNERS, L.P. PRIMARY ACTIVITY: REDEVELOPMENT ACTIVITIES INCLUDING RENTAL FACILITIES NAME, ADDRESS, AND EIN OF RELATED ORGANIZATION: DOMESTIC SMALL CAP PAY FOR SUCCESS FUND I, LP - CLASS A EIN: 82-3400647 1700 MARKET STREET, 19TH FLOOR PHILADELPHIA, PA 19103 NAME, ADDRESS, AND EIN OF RELATED ORGANIZATION: DOMESTIC SMALL CAP PAY FOR SUCCESS FUND I, LP - CLASS B EIN: 82-3400647 1700 MARKET STREET, 19TH FLOOR PHILADELPHIA, PA 19103 NAME, ADDRESS, AND EIN OF RELATED ORGANIZATION: RFIA IMPACT ACCELERATOR BRIDGE LOAN FUND I, LLC EIN: 84-4167433 1700 MARKET STREET, 19TH FLOOR PHILADELPHIA, PA 19103