2025-05-13T10:47:40-05:00 2024-06-30 341884125 CBIZ ADVISORS LLC 4722 N 24TH ST STE 300 PHOENIX AZ 85016 990 2023-07-01 931873208 SMFB NMTC SUPPORT CORP SMFB 6022423663 2831 N 31ST AVE PHOENIX AZ 850091518 MILTON LIU VICE PRESIDENT 6022423663 2025-04-29 1 1 KRISTEN M BASS P01247587 6022646835 2025-04-29 2023 2025-03-06 01:10:19Z X MILTON LIU 2831 N 31ST AVENUE PHOENIX AZ 85009 25037432 0 X N/A X 2023 AZ EXCLUSIVELY SUPPORT AND BENEFIT, FINANCIALLY AND/OR OPERATIONALLY, THE ST. MARY'S FOOD BANK ALLIANCE 5 3 0 5 0 0 24724000 0 313432 0 25037432 313432 0 0 0 0 21 313453 24723979 24723979 0 24723979 X THE PURPOSE IS TO EXCLUSIVELY SUPPORT AND BENEFIT, FINANCIALLY AND/OR OPERATIONALLY, THE ST. MARY'S FOOD BANK ALLIANCE. 0 0 313432 313432 SMFB NMTC SUPPORT CORP WAS FORMED TO BENEFIT ST. MARY'S FOOD BANK ALLIANCE ("ST. MARY'S"), AN ARIZONA NONPROFIT CORPORATION, AND TO FACILITATE THE NEW MARKETS TAX CREDIT ("NMTC") PROGRAM. THE NMTC PROGRAM IS AN ALTERNATIVE FINANCING COMPLEMENT TO CONVENTIONAL CAPITAL SOURCES AND IS PATTERNED AFTER THE FEDERAL NEW MARKETS TAX CREDIT PROGRAM. THE PURPOSE OF THE PROGRAM IS TO ENCOURAGE CAPITAL INVESTMENT IN LOW-INCOME COMMUNITIES AND TO CREATE NEW JOBS. THE NMTC PROGRAM PERMITS INVESTORS/NOTE HOLDERS TO CLAIM A CREDIT AGAINST FEDERAL INCOME TAXES FOR QUALIFIED EQUITY INVESTMENTS ("QEIS") IN DESIGNATED COMMUNITY DEVELOPMENT ENTITIES ("CDES"). THESE DESIGNATED CDES MUST USE SUBSTANTIALLY ALL (85%) OF THE PROCEEDS TO MAKE QUALIFIED LOW-INCOME COMMUNITY INVESTMENTS ("QLICLS"). THE INVESTOR IS PROVIDED WITH A TAX CREDIT, WHICH IS CLAIMED OVER A SEVEN-YEAR PERIOD. UNDER THE NMTC PROGRAM, A "LENDER" INTO THE PROGRAM CANNOT BE THE ULTIMATE BENEFICIARY OF THE TAX CREDIT; THEREFORE, THE SMFB NMTC SUPPORT CORP WAS CREATED TO BE THE LENDER, WITH THE ALLIANCE BEING THE ULTIMATE BENEFICIARY OF THE TAX CREDITS.DURING FISCAL YEAR 2024, THE SUPPORT CORP PROVIDED A LEVERAGED LOAN TO AN INVESTMENT FUND ENTITY, WHICH SUBSEQUENTLY MADE A QUALIFIED EQUITY INVESTMENT (QEI) IN A QUALIFIED COMMUNITY DEVELOPMENT ENTITY (CDE) (EACH AS DEFINED IN I.R.C. SUBSECTION 45D). THE FUNDS GENERATED THROUGH THE NMTC PROGRAM ARE ULTIMATELY MADE AVAILABLE TO ST. MARY'S THROUGH A LOAN WITH A BELOW MARKET INTEREST RATE AND WILL BE USED BY ST. MARY'S TO FUND THE RENOVATION AND EXPANSION OF ITS FOOD DISTRIBUTION CAMPUS. 313432 1 1 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 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 5 3 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 X TINA LYONS 6022423663 2831 N 31ST AVE PHOENIX AZ 85009 MARC ISAACS PRESIDENT 1.00 1.00 X X 0 0 0 MILTON LIU VICE PRESIDENT 1.00 41.00 X X 0 250044 22601 JACKIE ASKIN TREASURER 1.00 3.00 X X 0 0 0 DUANE LAWSON SECRETARY 1.00 24.00 X X 0 128408 5762 ROBERT BEAKE DIRECTOR 1.00 X 0 0 0 TINA LYONS VP OF FINANCE (AS OF FEB 2024) 1.00 40.00 X 0 115590 24102 SARAH STUCKEY CFO (THRU FEB 2024) 1.00 40.00 X 0 196769 19967 0 690811 72432 0 0 1 0 0 24724000 24724000 313432 313432 25037432 0 0 313432 313432 313432 21 21 313453 313432 21 0 0 979 0 24723000 0 24723979 0 0 X 0 24723979 0 24723979 0 24723979 24723979 0 X 0 1 X 1 0 X X X 1 ST MARY'S FOOD BANK ALLIANCE 237353532 7 1 313432 0 1 313432 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 313432 0 313432 0 0 0 0 0 21 0 313411 0 0 0 288 0 0 0 288 0 0 0 0 288 0 4 0 284 0 10 0 0 0 10 0 0 0 0 0 0 X 313432 0 0 0 0 0 313432 313432 0 0.000000000000 0 0 0 0 0 0 0 0 0 0 0 0 313432 0 313432 0 0 313432 0 0 0 0 313432 PART IV, SECTION D, LINE 2 AT ALL TIMES THE BOARD OF DIRECTORS MUST CONTAIN AT LEAST ONE (1) BOARD MEMBER OR OFFICER OF ST. MARY'S FOOD BANK ALLIANCE, AN ARIZONA NONPROFIT CORPORATION ("ST. MARY'S"). NO LESS THAN FIFTY-ONE PERCENT (51%) OF THE PERSONS SERVING ON THE BOARD OF DIRECTORS AT ANY TIME SHALL BE PERSONS WHO ARE NOT ALSO EMPLOYEES, OFFICERS, MEMBERS OF THE BOARD OF DIRECTORS OF ST. MARY'S. THIS RELATIONSHIP PROVIDES FOR A CLOSE AND CONTINUOUS WORKING RELATIONSHIP WITH THE SUPPORTED ORGANIZATION. PART V, SECTION D, LINE 3 THE SUPPORT CORP WAS FORMED AT THE DIRECTION OF ST. MARY'S, AS A SUPPORTING ORGANIZATION FOR ST. MARY'S, IN ORDER TO FACILITATE THE NEW MARKETS TAX CREDIT PROGRAM. THE SUPPORT CORP HAS HAD A CLOSE AND CONTINUOUS RELATIONSHIP WITH ST. MARY'S SINCE ITS INCEPTION. THUS, COMMUNICATIONS, BOTH FORMAL AND INFORMAL, BETWEEN THE SUPPORT CORP AND ST. MARY'S OCCUR DAILY AND ARE ONGOING. THESE COMMUNICATIONS INCLUDE DISCUSSIONS ON SUPPORT CORP'S INVESTMENT POLICIES, THE MAKING AND TIMING OF GRANTS AND DIRECTING THE USE OF INCOME AND ASSETS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X PART X, LINE 2: SMFB NMTC SUPPORT CORP QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND, ACCORDINGLY, THERE IS NO PROVISION FOR INCOME TAXES FOR THIS ORGANIZATION. IN ADDITION, SUPPORT CORP QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170 OF THE CODE AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. INCOME DETERMINED TO BE UNRELATED BUSINESS TAXABLE INCOME WOULD BE TAXABLE. SMFB NMTC SUPPORT CORP EVALUATES ITS UNCERTAIN TAX POSITIONS, IF ANY, ON A CONTINUAL BASIS THROUGH REVIEW OF ITS POLICIES AND PROCEDURES, REVIEW OF ITS REGULAR TAX FILINGS, AND DISCUSSIONS WITH OUTSIDE EXPERTS. AT JUNE 30, 2024, MANAGEMENT BELIEVES THE SMFB NMTC SUPPORT CORP DID NOT HAVE ANY UNCERTAIN TAX POSITIONS. SMFB NMTC SUPPORT CORP'S FEDERAL RETURN OF ORGANIZATIONS EXEMPT FROM INCOME TAX (FORM 990) FOR 2023 IS SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER IT IS FILED. 1 ST MARY'S FOOD BANK ALLIANCE 2831 N 31ST AVE PHOENIX AZ 85009 237353532 501(C)(3) 313432 0 OPERATIONS 1 PART I, LINE 2: MANAGEMENT OF THE ST MARY'S FOOD BANK ALLIANCE ATTEND THE SUPPORT CORP'S BOARD MEETINGS AND REPORT HOW THE GRANTS TO THE SUPPORT CORP ARE SPENT. 0 0 0 0 0 0 0 0 0 MILTON LIU VICE PRESIDENT 0 211545 0 0 0 38499 0 0 0 22601 0 272645 0 0 SARAH STUCKEY CFO (THRU FEB 2024) 0 195980 0 200 0 589 0 5649 0 14318 0 216736 0 0 SCHEDULE J, PART 1 THE FILING ORGANIZATION DOES NOT COMPENSATE EMPLOYEES. MANAGEMENT OF THE FILING ORGANIZATION ARE COMPENSATED BY ST. MARY'S FOOD BANK ALLIANCE, A RELATED 501(C)(3) NOT FOR PROFIT ENTITY, FOR SERVICES PROVIDED TO ST MARY'S FOOD BANK ALLIANCE AND IT AFFILIATES. FORM 990, PART VI, SECTION A, LINE 3 EMPLOYEES OF ST. MARY'S FOOD BANK ALLIANCE PROVIDE DAY TO DAY MANAGEMENT OF THE SMFB NMTC SUPPORT CORPORATION AT NO CHARGE TO THE SUPPORT CORPORATION. FORM 990, PART VI, SECTION A, LINE 8B THE SUPPORT CORPORATION DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND IS REVIEWED BY ST MARY'S FOOD BANK'S CEO AND VP OF FINANCE. PRIOR TO FILING, THE ENTIRE BOARD WILL RECEIVE A COPY OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C TO AVOID CONFLICTS OF INTEREST, EACH DIRECTOR OF THE SMFB NMTC SUPPORT CORPORATION WILL DISCLOSE TO THE REMAINING DIRECTOR OR DIRECTORS SITUATIONS OR AREAS IN WHICH IT MIGHT APPEAR THAT SUCH DIRECTOR HAS CONFLICTING DUTIES TO OTHER ENTITIES WHERE HIS OR HER ALLEGIANCE MIGHT BE SPLIT BETWEEN THE SUPPORT CORPORATION AND SOME OTHER PERSONAL, PROFESSIONAL, BUSINESS, OR VOLUNTEER POSITION OR RESPONSIBILITY (SUCH AS ASSISTING A COMPETING ORGANIZATION OR HAVING A RELATIVE SERVING AS A VENDOR TO THE FOUNDATION). WHERE SUCH CONFLICT EXISTS, THE DIRECTOR WHO HAS SUCH A CONFLICT WILL WITHDRAW FROM THE DEBATE AND VOTE AS DIRECTED BY THE REMAINING DIRECTOR OR DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S CEO, CFO, VP OF FINANCE, AND SECRETARY ARE COMPENSATED BY A RELATED ORGANIZATION, ST MARY'S FOOD BANK ALLIANCE. THIS ORGANIZATION HAS A PROCESS IN PLACE FOR DETERMINING THEIR COMPENSATION AS IT RELATES TO SERVICES THEY PROVIDE TO ST MARY'S FOOD BANK ALLIANCE AND IT AFFILIATES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS ARTICLES OF INCORPORATION, BY-LAWS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ST MARY'S FOOD BANK ALLIANCE 2831 N 31ST AVENUE PHOENIX AZ 85009 237353532 FOOD DISTRIBUTION AZ 501(C)(3) LINE 7 N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0