2025-05-14T11:05:59-05:00 2024-06-30 132781641 MITCHELL & TITUS LLP 80 PINE STREET 32ND FL NEW YORK NY 10005 990 2023-07-01 260003950 LIVING CITIES INC THE NATIONAL COMMUNITY DEVELOPMENT INITIATIVE LIVI 6464422200 805 15TH STREET NW 500 WASHINGTON DC 20005 JOSEPH SCANTLEBURY CEO 6464422200 2025-05-14 1 0 ERIC HARRISON P01916785 2127094500 2023 2025-03-06 01:10:19Z JOSEPH SCANTLEBURY 805 15TH STREET NW 500 WASHINGTON DC 20005 4808452 0 X WWW.LIVINGCITIES.ORG X 2001 DE LIVING CITIES HARNESSES THE COLLECTIVE POWER OF PHILANTHROPY AND FINANCIAL INSTITUTIONS TO IMPROVE THE LIVES OF LOW-INCOME PEOPLE AND THE CITIES WHERE THEY LIVE. 18 18 47 0 0 0 18237086 3857089 0 574929 853764 285738 276783 75275 19367633 4793031 4184315 1848951 0 0 5720571 5177593 0 0 801012 6393022 6774323 16297908 13800867 3069725 -9007836 53225172 40975731 23176730 20312633 30048442 20663098 X LIVING CITIES HARNESSES THE COLLECTIVE POWER OF PHILANTHROPY AND FINANCIAL INSTITUTIONS TO IMPROVE THE LIVES OF LOW-INCOME PEOPLE AND THE CITIES WHERE THEY LIVE. 0 0 4819989 1800451 CITY AND COMMUNITY ENGAGEMENT PROGRAMMATIC AREA CONSISTING OF THREE SUB INITIATIVES, WHICH ARE PRACTICE AREAS, STRATEGY AREAS WHICH INCLUDES ENTREPRENEURSHIP AND HOMEOWNERSHIP, AND FIELD BUILDING AND SECTORAL CHANGE. CITY AND COMMUNITY ENGAGEMENT ACKNOWLEDGES THAT THROUGH POLICIES, LAWS, AND PRACTICES THAT CONFERRED ADVANTAGES AND DISADVANTAGES ALONG RACIAL LINES, THE GOVERNMENT HAS PLAYED A LARGE ROLE IN CREATING AND MAINTAINING INEQUITIES THAT HAVE LED TO RACIAL INCOME AND WEALTH GAPS. GOVERNMENT CAN PLAY AN OUTSIZED ROLE IN ADDRESSING THEM. CITY AND COMMUNITY ENGAGEMENT BRINGS TOGETHER LOCAL GOVERNMENT LEADERS FROM UP TO 30 CITIES FROM ACROSS THE COUNTRY WHO ARE COMMITTED TO IMAGINING WHAT AN ANTIRACIST SOCIETY MIGHT LOOK LIKE, AND TO PLAYING AN IMPORTANT ROLE IN BUILDING IT THROUGH TRANSFORMING GOVERNMENT POLICIES, PRACTICES, AND OPERATIONS. 1522696 48500 MEMBER COLLECTIVE ACTIONWORK IN THIS AREA INCLUDES IMPLEMENTING A FIELD-WIDE INFLUENCE STRATEGY AIMED AT SHIFTING THE NARRATIVE AMONG BUSINESS LEADERS TO RECOGNIZE THAT RACIAL EQUITY IS CRITICAL TO LONG-TERM BUSINESS GROWTH AND DEVELOPMENT. THIS WORK IS DONE IN COLLABORATION WITH STAKEHOLDERS ACROSS ALL SECTORS, PUBLIC, PHILANTHROPIC, AND PRIVATE, TO CHANGE BELIEFS AND PRACTICES IN THE BUSINESS WORLD. 1512209 COMMUNICATIONS AND NARRATIVE CHANGEBY OPEN SOURCING SOCIAL CHANGE, LIVING CITIES WORKS AT THE INTERSECTION OF LEARNING, INFORMATION, STORY, AND TECHNOLOGY TO BRING PEOPLE AND RESOURCES TOGETHER. LEARNING, STORYTELLING AND RESULTS EXPLORES WAYS IN WHICH DATA AND LEARNING STORIES CAN BE GATHERED, ANALYZED, AND USED IN DECISION-MAKING FOR COLLECTIVE IMPACT INITIATIVES. THIS PROJECT DISSEMINATES VARIOUS TOOLS AND RESOURCES TO DEEPEN AND ACCELERATE PROMISING SOLUTIONS TO CLOSING RACIAL INCOME AND WEALTH GAPS. 1448131 CAPITAL FOR THE NEW MAJORITY 1448131 9303025 1 1 0 0 0 0 0 0 0 0 1 0 1 1 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 1 0 0 0 0 1 76 0 1 47 1 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 DC NY X JAMILAH DAVIS CHIEF FINANCIAL & ADMINISTRATIVE OFFICER 6464422214 805 15TH STREET NW SUITE 500 WASHINGTON DC 20005 LISA HAMILTON BOARD MEMBER, CHAIR 2.00 X 0 0 0 SHANE HARRIS BOARD MEMBER, CO-CHAIR 2.00 X 0 0 0 TIA HODGES BOARD MEMBER, TREASURER 2.00 X 0 0 0 DON CHEN BOARD MEMBER, SECRETARY 2.00 X 0 0 0 BRANDEE MCHALE UNTIL 63024 BOARD MEMBER 1.00 X 0 0 0 PHILIP GASKIN UNTIL 123124 BOARD MEMBER, EXEC COMM 2.00 X 0 0 0 JUNE DAVIS UNTIL 123124 BOARD MEMBER 1.00 X 0 0 0 RHEA WILLIAMS-BISHOP BOARD MEMBER 1.00 X 0 0 0 CHANTEL RUSH BOARD MEMBER 1.00 X 0 0 0 TAWA MITCHELL BOARD MEMBER 1.00 X 0 0 0 DAVID NICHOLSON UNTIL 4124 BOARD MEMBER 1.00 X 0 0 0 SUSAN THOMAS BOARD MEMBER 1.00 X 0 0 0 CELINE SUAREZ BOARD MEMBER 1.00 X 0 0 0 RICHARD BESSER UNTIL 123123 BOARD MEMBER 1.00 X 0 0 0 BETSY KREBS BOARD MEMBER 1.00 X 0 0 0 LYNETTE BELL BOARD MEMBER 1.00 X 0 0 0 LISA TALMA BOARD MEMBER 1.00 X 0 0 0 FLORENCIA SPAGARO BOARD MEMBER 1.00 X 0 0 0 ALLISON BAJRACHARYA BOARD MEMBER 1.00 X 0 0 0 OPOKUA ODURO BOARD MEMBER 1.00 X 0 0 0 TONYA ALLEN BOARD MEMBER 1.00 X 0 0 0 LAUREN SMITH BOARD MEMBER 1.00 X 0 0 0 MARJORIE PALOMA BOARD MEMBER 1.00 X 0 0 0 DOMINIQUE GOSS BOARD MEMBER 1.00 X 0 0 0 JOSEPH SCANTLEBURY PRESIDENT & CEO 40.00 X 389854 0 15769 CHIPO SACHIRARWE FORMER, CHIEF OPERATING OFFICER 40.00 X 241612 0 32048 JULIE BOSLAND CHIEF IMPACT OFFICER 40.00 X 244597 0 33071 SARAH BAINTON MANAGING DIRECTOR OF PROGRAMS 40.00 X 201072 0 14329 DEMETRIC DUCKETT FORMER, MANAGING DIRECTOR, CAPITAL 40.00 X 124482 0 15217 ELIZABETH REYNOSO FORMER, ASSOCIATE DIRECTOR 40.00 X 148023 0 19856 LAKEESHIA FOX ASSOCIATE DIRECTOR 40.00 X 192345 0 34337 SIYADA KIRITA ACCOUNTING MANAGER 40.00 X 144058 0 21044 JULIAN CARRILLO-SANCHEZ ASSISTANT DIRECTOR 40.00 X 141056 0 22619 ANNE-CHRISTIN GRIMME SENIOR ASSOCIATE 40.00 X 133910 0 8297 1961009 0 216587 10 0 1 0 MPACT (EDNA JACQUELINE LARA) 14216 PARKER FARM WAY SILVER SPRING MD 20906 MEDIA RELATIONS AND ENGAGEMENT SUPPORT 380000 KAUFWEIN 470 ASSOCIATES 450 7TH AVENUE - PENTHOUSE NEW YORK NY 10123 NY OFFICE RENT 365750 ACTIVEST LLC 712 H STREET NE 993 WASHINGTON DC 20002 FISCAL AGENTS RECEIVING AND DISBURSING G 331075 MORGAN LEWIS & BOCKIUS LLC 2222 MARKET STREET PHILADELPHIA PA 19103 LEGAL SERVICES 273958 TOOMER STRATEGIES (SHARON TOOMER) 8560 2ND AVENUE 111 SILVER SPRING MD 20910 COMMUNICATIONS CONSULTING 254443 5 3857089 3857089 ALL OTHER PROGRAM SERV 900099 574929 574929 574929 298659 298659 2500 15421 -12921 -12921 -12921 LOAN LOSS RESERVE RECO 900099 43525 43525 OTHER INCOME 900099 31750 31750 75275 4793031 0 0 935942 X 1848951 1848951 1312050 258856 252182 801012 3060974 1550474 1510500 98751 50020 48731 403769 204521 199248 302049 152997 149052 136268 70383 65885 73611 36208 37403 3446094 2936250 509844 12789 6290 6499 52503 25825 26678 266372 131022 135350 625935 307883 318052 297430 162802 134628 424355 305067 119288 324739 324739 173015 85102 87913 46018 22635 23383 CREDIT LOSS EXPENSES 721978 721978 0 REPAIRS AND MAINTENANCE 88101 43335 44766 OTHER EXPENSE 44990 32470 12520 UTILITIES 18721 9208 9513 21404 16009 5395 13800867 9303025 3696830 801012 13485391 4640181 2043422 4240524 11590601 7406626 14441927 12452090 173068 71375 1773655 624325 750975 1149330 4464813 4393810 3461282 2812487 2813693 3809308 53225172 40975731 615538 757168 1254413 1199020 18639966 14759176 2666813 3597269 23176730 20312633 X 14313492 10925540 15734950 9737558 30048442 20663098 53225172 40975731 -9007836 -377508 0 X 0 1 X 1 0 X 19536519 11502778 8979900 18237086 3857089 62113372 19536519 11502778 8979900 18237086 3857089 62113372 31837113 30276259 495684 650741 790652 1051024 342184 3330285 135474 309815 181636 31750 658675 66102332 0.45800 0.42150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 500709 176249 324460 1272946 448076 824870 1149330 2.0% IMPACT VENTURES III LP 1289510 C 2.5% URBAN INNOVATION FD I LP 500000 C DOMESTIC SMALL CAP PFS FUND I, LP 238829 C FOUNDERS FIRST CAPITAL PARTNERS 499993 C LCCF FUND III, KNOWN LP284,155 284155 C 2812487 OTHER RECEIVABLES 186662 OTHER ASSETS 30769 OPERATING LEASE RIGHT OF USE 3444542 DEPOSITS 147335 3809308 DEFERRED RENT 3597269 3597269 X 4415523 -377508 -377508 4793031 0 4793031 13800867 0 13800867 0 13800867 PART X, LINE 2: THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE ACCOMPANYING FINANCIAL STATEMENTS OR FURTHER DISCLOSURE IN THE NOTES TO THE FINANCIAL STATEMENTS. 0 ACTIVEST 712 H STREET NE 993 WASHINGTON DC 20002 852644303 603250 0 FISCAL SPONSORSHIP PASS-THRU GRANTS CITY OF MEMPHIS 170 NORTH MAIN STREET 3RD FLOOR MEMPHIS TN 38301 550201 0 SUBGRANTS FOR BUSINESS STARTS AND GROWTHS AND HOMEOWNERSHIP INITIATIVES FII-NATIONAL DBA UPTOGETHER 663 13TH STREET SUITE 200 OAKLAND CA 94612 020784790 501(C)(3) 167000 0 SUBGRANT FOR CITY AND COMMUNITY ENGAGEMENT COHORT ASSET FUNDERS NETWORK 2045 W GRAND AVE STE B-50387 CHICAGO IL 60612 831215288 501(C)(3) 10000 0 SPONSORSHIP CHICAGO URBAN LEAGUE 4510 SOUTH MICHIGAN AVENUE CHICAGO IL 60653 362225483 25000 0 SUPPORT FOR WEALTH BUILDING EXECUTIVE FELLOW FOR STRATEGIC RESEARCH RELATING TO WEALTH BUILDING INITIATIVES IN CHICAGO URBAN INSTITUTE 500 LENFANT PLAZA SOUTHWEST WASHINGTON DC 20024 520880375 501(C)(3) 280000 0 RESEARCH AND DATA COLLECTION TO SUPPORT STRATEGIES TO CLOSE RACIAL INCOME AND WEALTH GAPS THE MIAMI FOUNDATION 40 NW 3RD STREET SUITE 305 MIAMI FL 33128 650350357 501(C)(3) 200000 0 SUPPORT GRANT FOR MIAMI ACTION A PROJECT OF THE INCLUSIVE CAPITAL COUNCIL X X 0 0 0 0 0 0 0 0 0 JOSEPH SCANTLEBURY PRESIDENT & CEO 389854 0 0 0 0 0 0 0 15769 0 405623 0 0 0 JULIE BOSLAND CHIEF IMPACT OFFICER 210097 0 34500 0 0 0 19364 0 13707 0 277668 0 0 0 CHIPO SACHIRARWE FORMER, CHIEF OPERATING OFFICER 170612 0 71000 0 0 0 23895 0 8153 0 273660 0 0 0 LAKEESHIA FOX ASSOCIATE DIRECTOR 180084 0 12261 0 0 0 18980 0 15357 0 226682 0 0 0 SARAH BAINTON MANAGING DIRECTOR OF PROGRAMS 201072 0 0 0 0 0 0 0 14329 0 215401 0 0 0 ELIZABETH REYNOSO FORMER, ASSOCIATE DIRECTOR 148023 0 0 0 0 0 15007 0 4849 0 167879 0 0 0 SIYADA KIRITA ACCOUNTING MANAGER 134363 0 9695 0 0 0 13802 0 7242 0 165102 0 0 0 JULIAN CARRILLO-SANCHEZ ASSISTANT DIRECTOR 138056 0 3000 0 0 0 13583 0 9036 0 163675 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A EACH "FUNDING ORGANIZATION" HAS THE RIGHT TO APPOINT A DIRECTOR TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 UNDERGOES A NUMBER OF INTERNAL AND EXTERNAL REVIEWS BEFORE IT IS FILED WITH THE IRS. THE RETURN IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM, MITCHELL TITUS, LLP, BASED ON INFORMATION PROVIDED BY THE ORGANIZATION'S ACCOUNTING TEAM, AND IS REVIEWED PRIOR TO SIGNING BY THE ORGANIZATIONS CEO AND CFAO FOR FILING. THE AUDIT COMMITTEE IS NOT INVOLVED IN THE REVIEW/FILING PROCESS. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES MUST SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT WHEN HIRED; THE STATEMENT EXPLICITLY REQUIRES THE EMPLOYEE TO REPORT, TO FILE, AND AMEND STATEMENT WITH THE CEO IF A CONFLICT MAY ARISE DURING THEIR TENURE. FORM 990, PART VI, SECTION B, LINE 15 IN 2013, THE ORGANIZATION RETAINED A COMPENSATION CONSULTANT TO REVIEW AND CONFIRM THE SALARY RANGES OF ALL POSITIONS IN THE ORGANIZATION. THE RESULTS OF THAT STUDY WERE UPDATED IN 2015, FISCAL YEAR 2016. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANT FEES & EXPENSES: PROGRAM SERVICE EXPENSES 2,798,486. MANAGEMENT AND GENERAL EXPENSES 367,529. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,166,015. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 137,764. MANAGEMENT AND GENERAL EXPENSES 142,315. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 280,079. LIVING CITIES BLENDED CATALYST FUND LLC 805 15TH STREET NW SUITE 500 WASHINGTON DC 20005 300889697 PRI LENDER DE -41670 19158345 LCI 1 1