2025-11-17T13:40:32-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 950 NORTH GLEBE ROAD SUITE 1200 ARLINGTON VA 22203 990 2024-01-01 522063496 22BEACON INC 22BE 4435611280 7880 MILESTONE PARKWAY 425 HANOVER MD 21076 MICHELLE PROSPERI CHIEF OPERATING OFFICER 4435611280 2025-11-17 1 1 ROBERT WILLIAMS P01345960 5712279500 2025-11-17 2024 2025-03-06 01:10:19Z MICHELLE PROSPERI 7880 MILESTONE PARKWAY 425 HANOVER MD 21076 14571903 0 X WWW.22BEACON.ORG X 1997 DC FINANCING AND BUILDING GREAT PUBLIC CHARTER SCHOOLS. 8 4 26 4 0 0 18641747 5644940 5549934 6295963 806664 2631000 61 0 24998406 14571903 50000 32500 0 0 3920050 5188967 0 0 0 4899100 7421935 8869150 12643402 16129256 1928501 153838150 182564501 64261849 91059699 89576301 91504802 CSDC IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) ESTABLISHED TO ASSIST PUBLIC CHARTER SCHOOLS IN THE ACQUISITION AND FINANCING OF EDUCATIONAL FACILITIES AND RELATED CAPITAL IMPROVEMENTS. 0 0 9119925 32500 6295963 PROVIDING LOANS, CREDIT ENHANCEMENTS, FINANCING GUARANTEES, FACILITY DEVELOPMENT AND MANAGEMENT SUPPORT TO CHARTER SCHOOLS. 9119925 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 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 1 0 0 0 1 43 0 1 26 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X GLENN KLEIN 4436238875 7880 MILESTONE PARKWAY SUITE 425 HANOVER MD 21076 MICHAEL CURRAN CHAIR 2.00 4.00 X X 14950 0 0 EMBER REICHGOTT JUNGE VICE CHAIR 2.00 4.00 X X 11500 0 0 LANETTE DAILEY-REESE DIRECTOR & SECRETARY 2.00 2.00 X X 12650 0 0 ELISEO VALDEZ DIRECTOR & TREASURER 2.00 2.00 X X 10925 0 0 CHRISTINA RYAN DIGIULIAN DIRECTOR 2.00 2.00 X 9775 0 0 JAY HROMATKA DIRECTOR 2.00 4.00 X 8625 0 0 TOM NIDA DIRECTOR 2.00 2.00 X 12650 0 0 JIM GOENNER DIRECTOR 2.00 4.00 X 6900 0 0 ALAN WASHINGTON PRESIDENT & CEO 40.00 2.00 X 582900 0 37914 MICHELLE PROSPERI CHIEF OPERATING OFFICER 40.00 2.00 X 376654 0 66876 LAURA FIEMANN SVP, DEVELOPMENT 40.00 2.00 X 351070 0 60351 REBECCA SALVO SVP, REAL ESTATE DEVELOPMENT 40.00 2.00 X 266916 0 33728 MARK ZEIZEL SVP, REAL ESTATE INVESTMENTS & STRATEGY 40.00 2.00 X 248214 0 51467 GLENN KLEIN VP, ACCOUNTING 40.00 2.00 X 201167 0 55367 MICHELE CERWIN CHIEF OF STAFF 40.00 2.00 X 324683 0 67580 NAGESH TAMMARA VP, LEGAL AFFAIRS, LEGAL COUNSEL 40.00 2.00 X 193768 0 24379 VARISSARA ASSAKUL SR. FINANCIAL & INVESTMENT ANALYST, REAL ESTATE 40.00 2.00 X 162180 0 22247 SHANTA BACON ACCOUNTING MANAGER 40.00 2.00 X 137852 0 41640 BRITTANY KOZLEWSKI BUSINESS ANALYST 40.00 2.00 X 134498 0 19895 3067877 0 481444 15 0 1 0 TENSQUARE 1101 17TH STREET NW 200 WASHINGTON DC 20036 CONSULTING 300313 MARINE LANE LLC 320 5TH AVENUE SUITE 509 NEW YORK NY 100013102 CONSULTING 100858 2 5342940 302000 5644940 CAPITAL LEASE INTEREST 900099 4514361 4514361 RENTAL INCOME 900099 818216 818216 DEVELOPER'S FEES 900099 743250 743250 LOAN ORIGINATION FEE INCOME 900099 141425 141425 CREDIT ENHANCEMENT FEES 900099 78711 78711 6295963 1386514 1386514 1244486 0 1244486 1244486 1244486 14571903 6295963 0 2631000 32500 32500 2420599 1470877 949722 2038737 874264 1164473 151749 70709 81040 337914 179120 158794 239968 128536 111432 111502 111502 190925 190925 813524 725368 88156 265566 132783 132783 79805 20247 59558 319395 111788 207607 250024 141937 108087 340922 240848 100074 3908941 3908941 290921 288012 2909 85905 64429 21476 PROVISION FOR CREDIT LO 444000 444000 LOANS AND FEES 274728 274728 DUES AND SUBSCRIPTIONS 20585 20585 REPRESENTATION FEES 13548 10838 2710 11644 11644 12643402 9119925 3523477 0 62626829 53459665 28841071 31791151 445015 987453 52076498 81720597 52041 128553 8634935 3114829 5709216 5520106 6943 188796 4080537 8768180 153838150 182564501 753251 850136 181196 266621 61307915 81746285 1235483 6556420 784004 1640237 64261849 91059699 X 18222473 19772562 71353828 71732240 89576301 91504802 153838150 182564501 1928501 0 X 0 1 X 1 1 1 X 3295000 20197434 7628008 18641747 5644940 55407129 4757163 5135418 4971703 5549934 6295963 26710181 8052163 25332852 12599711 24191681 11940903 82117310 870000 1552854 5900000 3889050 3989000 16200904 2396468 353927 1028194 460526 1920300 6159415 3266468 1906781 6928194 4349576 5909300 22360319 59756991 401837 197701 112952 800755 1386514 2899759 401837 197701 112952 800755 1386514 2899759 61 61 8454000 25530553 12712663 24992497 13327417 85017130 0.70290 0.76390 0.03410 0.02100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 907000 907000 7441877 2862153 4579724 286058 252676 33382 5520106 SECURITY DEPOSITS HELD 526541 OPERATING LEASE RIGHT OF USE LIABILITY 136946 INTEREST AND DRAW RESERVES 976750 1640237 X PART X, LINE 2: THE CORPORATION HAS DETERMINED THAT IT DOES NOT CURRENTLY HAVE ANY TAX POSITIONS THAT IT CONSIDERS TO BE UNCERTAIN. IF THIS POSITION CHANGES, THE CORPORATION WILL ASSESS THE IMPACT OF ANY SUCH MATTERS ON ITS FINANCIAL POSITION AND RESULTS OF OPERATIONS. 1 NATIONAL ALLIANCE FOR PUBLIC CHARTER SCH 1101 15TH STREET NW STE 1010 WASHINGTON DC 20005 300274709 501(C)(3) 20000 0 N/A N/A SPONSORSHIP 1 0 PART I, LINE 2: ON OCCASION, CHARTER SCHOOL DEVELOPMENT CORPORATION MAY PROVIDE GRANTS TO IMPROVE THE SAFETY AND SECURITY OF SCHOOL BUILDINGS. INTERESTED SCHOOLS SUBMITTED A SHORT APPLICATION STATING WHAT PROPOSED SECURITY IMPROVEMENT OR UPGRADE WOULD BE FUNDED WITH THE GRANT, AND IN MOST CASES, ALSO PROVIDED A QUOTE OR SCOPE IF AVAILABLE. GIVEN THE SMALL SIZE OF THE GRANTS, CSDC MADE THESE AWARDS BASED ON THE INITIAL APPLICATION AND SCOPE AND DID NOT REQUIRE ANY FOLLOW UP DOCUMENTATION AS TO HOW THE FUNDS WERE ACTUALLY SPENT. WE CONSIDERED THESE UNRESTRICTED GRANTS TO OUR SCHOOL CLIENTS TO UTILIZE HOW THEY SAW FIT FOR THEIR SECURITY NEEDS. X X 0 0 0 0 0 0 0 0 0 ALAN WASHINGTON PRESIDENT & CEO 448775 0 130500 0 3625 0 27600 0 10314 0 620814 0 0 0 MICHELLE PROSPERI CHIEF OPERATING OFFICER 275600 0 101054 0 0 0 27600 0 39276 0 443530 0 0 0 LAURA FIEMANN SVP, DEVELOPMENT 256880 0 94190 0 0 0 27600 0 32751 0 411421 0 0 0 MICHELE CERWIN CHIEF OF STAFF 253000 0 71683 0 0 0 25975 0 41605 0 392263 0 0 0 REBECCA SALVO SVP, REAL ESTATE DEVELOPMENT 194652 0 72264 0 0 0 21353 0 12375 0 300644 0 0 0 MARK ZEIZEL SVP, REAL ESTATE INVESTMENTS & STRAT 181150 0 67064 0 0 0 19857 0 31610 0 299681 0 0 0 GLENN KLEIN VP, ACCOUNTING 170000 0 31167 0 0 0 16093 0 39274 0 256534 0 0 0 NAGESH TAMMARA VP, LEGAL AFFAIRS, LEGAL COUNSEL 171075 0 22693 0 0 0 15385 0 8994 0 218147 0 0 0 VARISSARA ASSAKUL SR. FINANCIAL & INVESTMENT ANALYST, 143100 0 19080 0 0 0 12974 0 9273 0 184427 0 0 0 SHANTA BACON ACCOUNTING MANAGER 114400 0 23452 0 0 0 11028 0 30612 0 179492 0 0 0 BRITTANY KOZLEWSKI BUSINESS ANALYST 109200 0 25298 0 0 0 10760 0 9135 0 154393 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE, TO THE EXTENT PROVIDED IN THE RESOLUTION CREATING IT, ALL OF THE RIGHTS, POWERS AND AUTHORITY OF THE BOARD OF DIRECTORS. THE BOARD COMMITTEE SHALL NOT BE PERMITTED TO: AUTHORIZE DISTRIBUTIONS; FILL VACANCIES ON THE BOARD OF DIRECTORS OR ON ANY BOARD COMMITTEE; OR ADOPT, AMEND OR REPEAL BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT/CEO AND THE CHIEF OPERATING OFFICER BOTH REVIEW AND APPROVE THE FORM 990 BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. A COPY OF THE FILED FORM 990 IS PROVIDED TO ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY FOR STAFF, OFFICERS AND BOARD OF DIRECTORS ARE SET FORTH IN ITS BYLAWS AND EMPLOYEE HANDBOOK. STAFF, OFFICERS AND BOARD OF DIRECTORS ARE REQUIRED TO REPORT ANY CONFLICT OF INTEREST. THE CHIEF OPERATING OFFICER MAINTAINS A FILE OF ALL SUCH WRITTEN REPORTS. NO DIRECTOR OR OFFICER SHALL PARTICIPATE IN OR BE PRESENT AT ANY VOTE OF THE BOARD OR ANY COMMITTEE ON ANY QUESTION, ISSUE, DECISION OR TRANSACTION IN WHICH THE DIRECTOR, OR ANY BUSINESS ASSOCIATE OR FAMILY MEMBER OF SUCH DIRECTOR OR OFFICER, HAS OR APPEARS TO HAVE A CONFLICT OF INTEREST. A DIRECTOR OR OFFICER, AFTER FULLY DISCLOSING TO THE BOARD OR THE COMMITTEE ALL FACTS MATERIAL TO HIS OR HER INTERESTS AND UPON UNANIMOUS CONSENT OF THE BOARD OR COMMITTEE, MAY PARTICIPATE IN ANY DISCUSSION OR DELIBERATION OF ANY QUESTION, ISSUE, DECISION OR TRANSACTION IN WHICH THE DIRECTOR OR OFFICER, OR ANY BUSINESS ASSOCIATE OR FAMILY MEMBER OF SUCH DIRECTOR OR OFFICER, HAS OR APPEARS TO HAVE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING THE COMPENSATION FOR THE PRESIDENT AND CEO, OTHER MANAGEMENT PERSONNEL AND KEY EMPLOYEES INCLUDES AN ANALYSIS OF COMPARABLE DATA FOR SIMILAR SIZED NON-PROFIT ORGANIZATIONS WORKING IN THE SAME GENERAL FIELD OBTAINED VIA A SALARY SURVEY OF WASHINGTON, D.C. BASED NONPROFITS AND A PUBLIC RECORDS SEARCH OF FORM 990S. COMPENSATION OF EXECUTIVE STAFF IS DETERMINED BASED ON THIS COMPARABLE DATA, PREVIOUS LEVEL OF APPLICABLE WORK EXPERIENCE AND ANNUAL PERFORMANCE REVIEWS. ONLY THE PRESIDENT AND CEO'S COMPENSATION IS SUBJECT TO BOARD APPROVAL. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. 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 WRITTEN REQUEST. 22BEACON FACILITIES CORPORATION 7880 MILESTONE PARKWAY SUITE 425 HANOVER MD 21076 300142162 FINANCING, DEVELOPMENT AND MANAGEMENT OF CHARTER SCHOOL FACILITIES DC 501(C)(3) LINE 12B, II 22BEACON 1 22BEACON PROPERTY CORPORATION 7880 MILESTONE PARKWAY SUITE 425 HANOVER MD 21076 272503955 FOSTER THE COMMON GOOD AND GENERAL WELFARE OF THE AMERICAN PUBLIC AZ 501(C)(4) 22BEACON 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 22BEACON PROPERTY CORPORATION C 3989000 CASH 22BEACON FACILITIES CORPORATION C 1200000 CASH