2025-11-17T15:12:13-06:00 2024-12-31 333709623 COHNREZNICK ADVISORY LLC 1301 AVENUE OF THE AMERICAS NEW YORK NY 10019 990 2024-01-01 364369806 PARTNERS FOR THE COMMON GOOD PART 2026898936 1201 15TH STREET NW 200 WASHINGTON DC 20005 JEANNINE JACOKES CEO 2026898936 2025-11-17 1 1 ZACHARY SEGAL P01511850 2122970400 2025-11-14 2024 2025-03-06 01:10:19Z JEANNINE JACOKES 1201 15TH STREET NW 200 WASHINGTON DC 20005 11636397 0 X WWW.PCGLOANFUND.ORG X 2000 IL PROVIDING COMMUNITY DEVELOPMENT LOANS 9 9 21 9 0 0 4587660 6287357 3652490 5233878 104191 115162 0 0 8344341 11636397 0 0 0 0 651010 506719 0 0 238824 3752503 5057933 4403513 5564652 3940828 6071745 66464950 81746320 41669646 50638055 24795304 31108265 OUR MISSION IS TO ADVANCE ECONOMIC JUSTICE AND OPPORTUNITY BY PARTNERING WITH ORGANIZATIONS WHO PROVIDE ACCESS TO CAPITAL FOR LOW INCOME PEOPLE AND COMMUNITIES. 0 0 3908762 3362622 PARTNERS FOR THE COMMON GOOD PROVIDES AN EFFECTIVE AND FISCALLY PRUDENT MECHANISM THROUGH WHICH INSTITUTIONAL INVESTORS CAN SUPPORT COMMUNITY DEVELOPMENT NATIONWIDE AND ABROAD. WE MOVE OUR ECONOMY FORWARD BY PROVIDING COMMUNITY DEVELOPMENT LOANS AND ENCOURAGING COMMUNITY ENGAGEMENT. 6473 CAPNEXUS - AN ONLINE TOOL FOR CDFIS, INVESTORS, AND OTHERS IN THE COMMUNITY DEVELOPMENT FINANCE FIELD TO CONNECT MISSION FOCUSED CAPITAL WITH COMMUNITY DEVELOPMENT PROJECTS. IT STRENGTHENS THE CAPACITY OF INSTITUTIONS AND THE INDUSTRY TO SERVE COMMUNITIES THAT NEED IT MOST. 265947 1871256 NEW MARKETS TAX CREDITS - PARTNERS FOR THE COMMON GOOD PARTICIPATES IN THE NEW MARKETS CREDIT PROGRAM, AS AN EXTENSION OF LENDING DONE THROUGH OUR GENERAL LOAN FUND. THE NMTC ALLOWS PCG TO SIGNIFICANTLY INCREASE THE FLOW OF CAPITAL TO LOW INCOME COMMUNITIES BY PROVIDING A TAX INCENTIVE TO PRIVATE INVESTORS. 4181182 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 25 0 1 21 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X LARITA MIMMS 2026898936 1201 15TH STREET NW 200 WASHINGTON DC 20005 X AMIR KIRKWOOD DIRECTOR 2.00 X 0 0 0 DAN BETANCOURT BOARD OF DIRECTORS - CHAIR 2.00 X X 0 0 0 JOHN HOLDSCLAWIV DIRECTOR 2.00 X 0 0 0 KEVIN MCQUEEN DIRECTOR 2.00 X 0 0 0 KIM LEVINE DIRECTOR - TREASURER 2.00 X X 0 0 0 MARGUERITE O'BRIEN CSJ BOARD OF DIRECTORS - SECRETARY 2.00 X X 0 0 0 MARISA CALDERON DIRECTOR 2.00 X 0 0 0 PATRICIA WITTBERG DIRECTOR 2.00 X 0 0 0 TABITHA ATKINS DIRECTOR 2.00 X 0 0 0 JEANNINE JACOKES CEO 40.00 X 262022 0 38308 LARITA MIMMS CHIEF FINANCIAL OFFICER 40.00 X 168895 0 37494 CARLA MANNINGS CHIEF INVESTMENT & IMPACT(UNTIL 11/2024) 40.00 X 170884 0 14033 DIONNE MOORE CHIEF CREDIT OFFICER 40.00 X 188165 0 52086 RASHIDA MCGHIE CHIEF LENDING OFFICER 40.00 X 178292 0 53301 BARBARA YIADOM DIRECTOR OF PORTFOLIO MANA 40.00 X 153933 0 29787 JOHN KUNZA DIRECTOR OF MARKETING 40.00 X 101978 0 36631 MARIE JOHNSON CONTROLLER AND DIRECTOR 40.00 X 118767 0 34775 1342936 0 296415 8 0 1 0 JOHN BRAND - TEAMBRAND LLC 511 DUKE STREET ALEXANDRIA VA 22314 LENDING AND CREDIT MANAGEMENT CONSULTING 175000 SILLY MONKEY STUDIOS LLC DBA KANOPI STUD 1000 N WEST STREET SUITE 1200 WILMINGTON DE 19801 WEBSITE DEVELOPMENT 108128 2 6287357 75679 6287357 LOAN PORTFOLIO INTEREST 525990 3253882 3253882 FEE INCOME - LOAN PORTFOLIO 525990 1979996 1979996 5233878 115162 115162 11636397 5233878 0 115162 506719 352096 124860 29763 1898461 1319154 467797 111510 50256 50256 198657 106890 89326 2441 385859 234657 145843 5359 54155 13913 27582 12660 2870 737 1462 671 142520 99153 35019 8348 47721 12259 24306 11156 22652 5819 11538 5295 1219973 1219973 63196 9006 54190 31483 8088 16035 7360 LOAN LOSS PROVISION 750801 750801 DUES AND SUBSCRIPTIONS 58345 14988 29717 13640 LOAN COMMITMENT FEES 47500 12202 24194 11104 LOAN DISTRIBUTION FEES 39714 10202 20228 9284 43770 11244 22293 10233 5564652 4181182 1144646 238824 3382383 3664607 10255813 11979302 933258 100000 1565955 6499604 48360950 57659793 38128 48921 741220 467736 205314 273484 565795 520090 1157354 1000519 66464950 81746320 1421835 1528394 38658492 47658128 1589319 1451533 41669646 50638055 X 24795304 31108265 24795304 31108265 66464950 81746320 X 6071745 20090 221126 X 0 1 X 1 0 X 1182484 3046777 1006776 4587660 6287357 16111054 2970819 3647930 3138420 3652490 5233878 18643537 4153303 6694707 4145196 8240150 11521235 34754591 0 0 0 34754591 61699 56756 59656 104191 115162 397464 61699 56756 59656 104191 115162 397464 64108 306000 370108 4279110 7057463 4204852 8344341 11636397 35522163 0.97840 0.97660 0.01120 0.01060 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: RECOVERIES - 2020 AMOUNT: $ 64,108. OTHER REVENUE - 2021 AMOUNT: $ 306,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6169 2468 3701 735051 465268 269783 273484 ACCRUED INTEREST PAYABLE 260151 OPERATING LEASE LIABILITIES 1191382 1451533 X 11656487 20090 20090 11636397 0 11636397 5564652 0 5564652 0 5564652 PART X, LINE 2: PCG IS EXEMPT FROM INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. IN ADDITION, PCG HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICES TO BE A "QUALIFYING CHARITY" WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. PCG IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE INTERNAL REVENUE SERVICE AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND PCG HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY PCG ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2021 REMAIN OPEN. X 0 0 0 0 0 0 0 1 0 JEANNINE JACOKES CEO 227022 0 35000 0 0 0 27523 0 10785 0 300330 0 0 0 DIONNE MOORE CHIEF CREDIT OFFICER 181165 0 7000 0 0 0 21050 0 31036 0 240251 0 0 0 RASHIDA MCGHIE CHIEF LENDING OFFICER 173292 0 5000 0 0 0 20842 0 32459 0 231593 0 0 0 LARITA MIMMS CHIEF FINANCIAL OFFICER 154895 0 14000 0 0 0 17254 0 20240 0 206389 0 0 0 CARLA MANNINGS CHIEF INVESTMENT & IMPACT(UNTIL 11/2 163884 0 7000 0 0 0 3460 0 10573 0 184917 0 0 0 BARBARA YIADOM DIRECTOR OF PORTFOLIO MANA 145933 0 8000 0 0 0 16300 0 13487 0 183720 0 0 0 MARIE JOHNSON CONTROLLER AND DIRECTOR 108767 0 10000 0 0 0 13194 0 21581 0 153542 0 0 0 PART I, LINE 7 BONUSES ARE DETERMINED BASED ON FINANCIAL PERFORMANCE AND COMPARING WITH HISTORICAL RESULTS AND BONUSES. THE BOARD DETERMINES AMOUNT TO BE GIVEN TO CEO AND GIVES CEO AUTHORITY TO DISTRIBUTE THE REMAINING. X OTHER - INVESTOR INTEREST DONATIONS 22 75679 0 0 0 PART I, COLUMN (B): AMOUNTS IN COLUMN B REPRESENT THE NUMBER OF DONORS. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION HAS INSTITUTIONAL MEMBERS APPOINTED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A PCG SHALL HAVE TWO CLASSES OF MEMBERS: PERMANENT MEMBERS AND TERM MEMBERS. ENTITIES ELIGIBLE FOR MEMBERSHIP IN THE CORPORATION ARE FAITH-BASED ORGANIZATIONS THAT: (1) ARE COMMITTED TO THE MISSION AND PURPOSES OF THIS CORPORATION; (2) ARE RELIGIOUS ORGANIZATIONS, OR ARE OWNED OR OTHERWISE CONTROLLED BY A RELIGIOUS AFFILIATED ORGANIZATION OF ANY DENOMINATION; AND (3) COMMIT TO FULFILL THE DUTIES AND RESPONSIBILITIES OF MEMBERSHIP AS MAY BE ESTABLISHED BY THE MEMBERS FROM TIME TO TIME. ALL MEMBERS SHALL HAVE EQUAL VOTING RIGHTS. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS SHALL BE ENTITLED TO VOTE ON THE FOLLOWING MATTERS: (A) ADOPTION OR AMENDMENT TO THE MISSION, PURPOSES AND PHILOSOPHY OF THIS CORPORATION AND ITS SUBSIDIARY CORPORATIONS, INCLUDING ANY CHANGE THAT WOULD RESULT IN REVOCATION OF ITS 501(C)(3) TAX EXEMPT STATUS; (B) ANY AMENDMENT OF THE ARTICLES OF INCORPORATION OR BYLAWS THAT AFFECTS THE ROLE, DUTIES OR VOTING RIGHTS OF THE MEMBERS; (C) MERGER OR CONSOLIDATION OF THIS CORPORATION INTO OR WITH ANOTHER ENTITY, AND THE DISSOLUTION OR OTHERWISE WRAPPING UP OF THE AFFAIRS OF THIS CORPORATION; (D) SALE, LEASE, EXCHANGE, MORTGAGE, PLEDGE, ENCUMBRANCE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL, OF THE ASSETS OF THIS CORPORATION; (E) EXCEPT AS OTHERWISE PROVIDED HEREIN, THE APPROVAL OF NEW MEMBERS OF THE CORPORATION; (F) DETERMINING THE ELIGIBILITY REQUIREMENTS AND CONDITIONS OF MEMBERSHIP IN THIS CORPORATION; AND (G) THE APPOINTMENT OR REMOVAL, WITH OR WITHOUT CAUSE, OF MEMBERS OF THE BOARD OF DIRECTORS OF THIS CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990- THE CHIEF ACCOUNTING AND ADMINISTRATIVE OFFICER WORKS WITH THE ACCOUNTING FIRM TO PREPARE THE 990. ONCE IT IS COMPLETED BY THE ACCOUNTING FIRM, IT IS RETURNED TO THE CAAO AND THE CHIEF EXECUTIVE OFFICER FOR REVIEW. THE RETURN IS THEN SUBMITTED BY MANAGEMENT TO THE FINANCE SUB-COMMITTEE OF THE BOARD OF DIRECTORS FOR APPROVAL. AFTER THE APPROVAL OF THE SUB-COMMITTEE, IT IS PASSED ON TO THE ENTIRE BOARD OF DIRECTORS, WITH A PRESENTATION FROM THE AUDIT FIRM. FORM 990, PART VI, SECTION B, LINE 12C ENFORCEMENT OF CONFLICTS POLICY- THE POLICY IS MAINTAINED VIA THE GENERAL BEHAVIOR OF EMPLOYEES, AND THE ONGOING RELATIONSHIP BETWEEN THE CEO AND STAFF. OPEN COMMUNICATION IS ENCOURAGED. A SPECIFIC DISCUSSION WOULD OCCUR IN THE EVENT OF A SITUATION REQUIRING POLICY ENFORCEMENT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR TOP OFFICIAL- THE BOARD OF DIRECTORS PERFORMS AN ANNUAL REVIEW OF THE CHIEF EXECUTIVE OFFICER. ANY CHANGES TO COMPENSATION FOR THE CEO ARE IMPLEMENTED DURING THE ANNUAL BUDGETING PROCESS, WITH THE APPROVAL OF THE BOARD OF DIRECTORS. ANY CHANGES TO COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES ARE ALSO IMPLEMENTED DURING THE ANNUAL BUDGETING PROCESS, WITH THE APPROVAL OF THE CHIEF EXECUTIVE OFFICER. PERIODICALLY, THE CHIEF ACCOUNTING AND ADMINISTRATIVE OFFICER WILL RESEARCH SALARIES BASED ON THE INDUSTRY STANDARDS AND THE PRACTICES OF THE ORGANIZATION'S PEERS IN THE INDUSTRY. IN ADDITION, THE BOARD OF DIRECTORS MAY REQUEST THE SAME TYPE OF RESEARCH AND STATISTICS REGARDING THE COMPENSATION OF THE CEO. THE BOARD OF DIRECTORS APPROVES THE ANNUAL BUDGET, WHICH INCORPORATES ANY COMPENSATION CHANGES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION- AVAILABLE UPON REQUEST FOR BENEFIT OF INVESTORS. FORM 990, PARTS V, VII, IX, AND SCHEDULE J, PART II: PARTNERS FOR THE COMMON GOOD'S EMPLOYEES ARE PAID THROUGH AN UNRELATED ENTITY CHRISTIAN BROTHERS THROUGH AN ADMINISTRATIVE AGREEMENT. THE AMOUNTS NOTED FOR PARTS V, VII, IX, AND SCHEDULE J ARE BASED ON WHAT IS PAID BY CHRISTIAN BROTHERS AND REIMBURSED BY THE ORGANIZATION. FORM 990, PART XI, LINE 9: EQUITY IN LOSSES FROM EQUITY METHOD 221,126. ECONOMIC JUSTICE PARTNERSHIP FUND LLC 1201 15TH STREET NW SUITE 200 WASHINGTON DC 20005 853649179 LENDING DC N/A RELATED 198337 23825354 0 1 0.99990 PCG SUB CDE 1 LLC 1201 15TH STREET NW SUITE 200 WASHINGTON DC 20005 384023351 CDE DC N/A RELATED 39 0 1 0.00010 PCG SUB CDE 2 LLC 1201 15TH STREET NW SUITE 200 WASHINGTON DC 20005 300963502 CDE DC N/A RELATED 22 0 1 0.00010 PCG SUB CDE 3 LLC 1201 15TH STREET NW SUITE 200 WASHINGTON DC 20005 320515105 CDE DC N/A RELATED 32 0 1 0.00010 PCG SUB CDE 4 LLC 1201 15TH STREET NW SUITE 200 WASHINGTON DC 20005 352581768 CDE DC N/A RELATED 3085 0 1 0.00010 PCG SUB CDE 5 LLC 1201 15TH STREET NW SUITE 200 WASHINGTON DC 20005 371846529 CDE DC N/A RELATED 532 0 1 0.00010 PCG SUB CDE 6 LLC 1201 15TH STREET NW SUITE 200 WASHINGTON DC 20005 320515576 CDE DC N/A RELATED 3 487 0 1 0.00010 PCG SUB CDE 7 LLC 1201 15TH STREET NW SUITE 200 WASHINGTON DC 20005 364856847 CDE DC N/A RELATED 1 586 0 1 0.00010 PCG SUB CDE 8 LLC 1201 15TH STREET NW SUITE 200 WASHINGTON DC 20005 320515956 CDE DC N/A RELATED 26 875 0 1 0.00010 PCG SUB CDE 9 LLC 1201 15TH STREET NW SUITE 200 WASHINGTON DC 20005 320431709 CDE DC N/A RELATED 2 737 0 1 0.00010 PCG SUB CDE 10 LLC 1201 15TH STREET NW SUITE 200 WASHINGTON DC 20005 852619497 CDE DC N/A RELATED 698 0 1 0.00010 PCG SUB CDE 11 LLC 1201 15TH STREET NW SUITE 200 WASHINGTON DC 20005 852640603 CDE DC N/A RELATED 1 688 0 1 0.00010 PCG SUB CDE 12 LLC 1201 15TH STREET NW SUITE 200 WASHINGTON DC 20005 852675252 CDE DC N/A RELATED 4 631 0 1 0.00010 PCG SUB CDE 13 LLC 1201 15TH STREET NW SUITE 200 WASHINGTON DC 20005 852704292 CDE DC N/A RELATED 1 690 0 1 0.00010 PCG SUB CDE 14 LLC 1201 15TH STREET NW SUITE 200 WASHINGTON DC 20005 852714147 CDE DC N/A RELATED 996 0 1 0.00010 PCG SUB CDE 15 LLC 1201 15TH STREET NW SUITE 200 WASHINGTON DC 20005 852748416 CDE DC N/A RELATED 1245 0 1 0.00010 PCG SUB CDE 16 LLC 1201 15TH STREET NW SUITE 200 WASHINGTON DC 20005 852601827 CDE DC N/A RELATED 998 0 1 0.00010 PCG SUB CDE 17 LLC 1201 15TH STREET NW SUITE 200 WASHINGTON DC 20005 934326413 CDE DC N/A RELATED 750 0 1 0.00010 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 ECONOMIC JUSTICE PARTNERSHIP FUND D 4394265 FMV