2026-04-13T12:19:47-05:00 2024-06-30 860558065 HEINFELD MEECH & CO PC 10120 NORTH ORACLE ROAD TUCSON AZ 85704 990 2023-07-01 861017490 GROUNDSWELL CAPITAL GROU 5202226722 600 S MEYER UNIT 3 TUCSON AZ 85701 ANDREA THOMPSON CHIEF EXECUTIVE OFFICER 5202226722 2026-04-13 1 0 CHRISTOPHER W HEINFELD CPA P02284055 5207422611 2023 2025-03-06 01:10:19Z X X X ANDREA THOMPSON 600 S MEYER UNIT 3 TUCSON AZ 85701 2426655 0 X WWW.GROUNDSWELLCAPITAL.ORG X 2001 AZ GROUNDSWELL CAPITAL IS AN ARIZONA-BASED 501(C)3 NONPROFIT LENDER FOCUSED ON CREATING INNOVATIVE, BLENDED CAPITAL SOLUTIONS TO TACKLE OUR COMMUNITIES BIGGEST CHALLENGES AND INVEST IN A VIBRANT, CLEAN ECONOMY WHERE ALL RESIDENTS CAN PROSPER. 10 9 0 0 0 0 1000000 2357763 3528 67965 0 0 0 927 1003528 2426655 457160 378903 0 0 0 0 0 0 0 126579 659319 583739 1038222 419789 1388433 986986 3208352 567197 1400130 419789 1808222 X GROUNDSWELL CAPITAL IS AN ARIZONA-BASED 501(C)3 NONPROFIT LENDER FOCUSED ON CREATING INNOVATIVE, BLENDED CAPITAL SOLUTIONS TO TACKLE OUR COMMUNITIES BIGGEST CHALLENGES AND INVEST IN A VIBRANT, CLEAN ECONOMY WHERE ALL RESIDENTS CAN PROSPER. 1 0 1038222 378903 68892 CHANGEMAKERS GRANT PROGRAM: GRANT FOR COVID IMPACTED SMALL BUSINESSES. 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30000 0 SMALL BUSINESS SUPPORT & EDUCATION PART I, LINE 2: THE ORGANZIATION REQUIRES DETAILED APPLICATIONS AND BUDGETS, UTILIZE SCORING CRITERIA, AND REQUIRE POST FUNDING REPORTING, INCLUDING METHODS SUCH AS SITE VISITS, INVOICING, AND DIRECT FUNDING WHERE APPLICABLE. 0 0 0 0 0 0 0 0 0 ANDREA THOMPSON PRESIDENT 0 170000 0 0 0 0 0 0 0 0 0 170000 0 0 FORM 990, PART III, LINE 2 CHANGEMAKERS GRANT PROGRAM: GRANT FOR COVID IMPACTED SMALL BUSINESSES. SEMILLAS LOAN FUND: MICROLOAN FUND UP TO $15K FOR SMALL BUSINESSES. FORM 990, PART VI, SECTION A, LINE 3 GROUNDSWELL CAPITAL HAS A MANAGEMENT AGREEMENT WITH THE TUCSON IDA FOR THE MANAGEMENT OF PROGRAMS. FORM 990, PART VI, SECTION A, LINE 4 UPDATED ARTICLES OF INCORPORATION AND BYLAWS TO REFLECT A NAME CHANGE. FORM 990, PART VI, SECTION B, LINE 11B TUCSON IDA STAFF WILL REVIEW FOR ACCURACY. DRAFT WILL BE REVIEWED BY TREASURER AND PRESENTED TO THE FULL BOARD FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER IS REQUIRED TO SUBMIT A CONFLICT OF INTEREST FORM WHEN THEY ARE FIRST ELECTED TO THE BOARD, FOLLOWED BY ANNUAL RENEWAL. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, ITEM B, AMENDED RETURN THE ORGANIZATION IS FILING AN AMENDED FORM 990 FOR THE YEAR ENDED JUNE 30, 2024, TO REFLECT ADJUSTMENTS DURING THE COMPLETION OF THE AUNNUAL FINANCIAL STATEMENT AUDIT. THE FOLLOWING SCHEDULES AND LINE ITEMS WERE REVISED: PART I, LINE 8, 9, 10, 11, 12, 17, 18, 19, 20, 21, AND 22 PART III, LINE 4A PART VIII, LINE 1E, 1H, 2A, 2G, 3, AND 11D, 11E, 12 PART IX, LINE 24E, 25 PART X, LINE 1, 7, 15, 16, 17, 25, 26, 31, 32, AND 33 PART XI, LINE 1, 2, 3, 10 SCHEDULE A, PART II, LINE 1, 4, 5, 6, 7, 11, 14 SCHEDULE B, PART I, LINE 1, 2 SCHEDULE D, PART X, LINE 1B INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF TUCSON 600 S MEYER UNIT 3 TUCSON AZ 85701 ECONOMIC DEVELOPMENT AZ N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0