Skip to content
Nonprofiteer
← CIVIC COMMUNITY PARTNERS INC

Form 990 for tax year 2022

Filed by CIVIC COMMUNITY PARTNERS INC.

Totals

Total revenue
$3,768,096
Total expenses
$2,896,818
Contributions and grants received
$436,150
Grants paid
$195,000
Program service revenue
$3,154,465
Investment income
$177,481
Other revenue
$0
Total assets, end of year
$12,845,414
Total liabilities, end of year
$4,469,006
Net assets or fund balances, end of year
$8,376,408
Program services expenses (Part IX)
$2,896,818
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$2,896,818

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $436,150

  • 2a · Program service revenue: PLACEMENT AND SERVICIN

    total $2,035,000 · related or exempt $2,035,000

  • 2b · Program service revenue: ASSET MANAGEMENT FEES

    total $812,853 · related or exempt $812,853

  • 2c · Program service revenue: INCENTIVE MANAGEMENT F

    total $122,740 · related or exempt $122,740

  • 2d · Program service revenue: MISCELLANEOUS REVENUE

    total $107,441 · related or exempt $107,441

  • 2e · Program service revenue: FISCAL SPONSORSHIP FEE

    total $40,431 · related or exempt $40,431

  • 2f · All other program service revenue

    total $36,000 · related or exempt $36,000

  • 3 · Investment income

    total $177,481 · excluded $177,481

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $195,000 · program services $195,000

  • 11b · Fees: legal

    total $175,793 · program services $175,793

  • 11c · Fees: accounting

    total $52,133 · program services $52,133

  • 12 · Advertising and promotion

    total $7,107 · program services $7,107

  • 13 · Office expenses

    total $56,700 · program services $56,700

  • 14 · Information technology

    total $19,945 · program services $19,945

  • 16 · Occupancy

    total $46,478 · program services $46,478

  • 17 · Travel

    total $44,099 · program services $44,099

  • 19 · Conferences, conventions and meetings

    total $29,712 · program services $29,712

  • 20 · Interest

    total $50,762 · program services $50,762

  • 22 · Depreciation, depletion and amortization

    total $6,319 · program services $6,319

  • 23 · Insurance

    total $58,960 · program services $58,960

  • 24a · Other expenses: MANAGEMENT SERVICES FEE

    total $1,315,846 · program services $1,315,846

  • 24b · Other expenses: SUCCESS FEES - UFA

    total $740,000 · program services $740,000

  • 24c · Other expenses: CONSULTANT EXPENSES

    total $64,540 · program services $64,540

  • 24d · Other expenses: ORIGINATION FEE

    total $10,120 · program services $10,120

  • 24e · All other expenses

    total $23,304 · program services $23,304

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,895,660 · end of year $3,497,607

  • 2 · Savings and temporary cash investments

    beginning of year $261,621 · end of year $3,831,995

  • 4 · Accounts receivable

    beginning of year $1,014,893 · end of year $4,028,153

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,664 · end of year $2,913

  • 13 · Investments: program-related

    beginning of year $1,800,548 · end of year $1,377,115

  • 14 · Intangible assets

    beginning of year $9,143 · end of year $2,289

  • 15 · Other assets

    beginning of year $13,663 · end of year $105,342

  • 17 · Accounts payable and accrued expenses

    beginning of year $56,113 · end of year $358,088

  • 23 · Secured mortgages and notes payable

    beginning of year $1,300,000 · end of year $3,900,000

  • 25 · Other liabilities

    beginning of year $0 · end of year $210,918

  • 27 · Net assets without donor restrictions

    beginning of year $6,142,079 · end of year $6,515,435

  • 28 · Net assets with donor restrictions

    beginning of year $1,500,000 · end of year $1,860,973

Mission and programs · 2022

Mission

CIVIC COMMUNITY PARTNERS WAS CREATED TO MAKE QUALIFIED LOW INCOME COMMUNITY INVESTMENTS IN THE COUNTY OF SAN DIEGO OR OTHER ACTIVITIES WHICH QUALIFY FOR NEW MARKETS TAX CREDIT (NMTC). THE CORPORATION'S PURPOSE IS ALSO TO ENGAGE IN (1) RAISING EQUITY FOR INVESTMENT BY THE CORPORATION OR ITS AFFILIATED ENTITIES; (2) FORM SUBSIDIARY LIMITED LIABILITY COMPANIES WHICH THE CORPORATION SERVES AS MANAGER OR MANAGING MEMBER, OR SUBSIDIARY LIMITED PARTNERSHIPS IN WHICH THE CORPORATION SERVES AS GENERAL PARTNER; (3) APPLY ON BEHALF OF SUBSIDIARIES FOR THEIR CERTIFICATION AS A QUALIFIED COMMUNITY DEVELOPMENT ENTITY (CDE) AS DEFINIED IN SECTION 45D OF INTERNAL REVENUE CODE; (4) TRANSFER ANY ALLOCATIONS OF NMTCS RECEIVED BY THE CORPORATION TO SUBSIDIARY CDES; (5) INVEST EXCESS NMTC REVENUES INTO CDFI PROGRAMS AND ACTIVITIES, AND (6) ENGAGE IN ANY OTHER ACTIVITIES IN FURTHERANCE OF THE PURPOSE FOR WHICH THE CORPORATION WAS FORMED.

Activities or mission (Part I)

THE CIVIC COMMUNITY PARTNERS, INC. (CORPORATION) IS A NONPROFIT PUBLIC BENEFIT CORPORATION CREATED

  • SERVED AS MANAGING MEMBER OF SUBSIDARY CDES WHICH AUTHORIZED ALLOCATIONS OF $250,000,000 OF NEW MARKETS TAX CREDITS TO SEVENTEEN SUBSIDIARY CDES. THESE ALLOCATIONS ASSIST THE ORGANIZATIONS TO FUND CONSTRUCTION PROJECTS AND OR PROGRAMS IN UNDERSERVED COMMUNITIES IN SAN DIEGO COUNTY.

    Expenses $2,896,818 · Grants $195,000 · Revenue $3,154,465

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Maddy Kilkenny

    CHAIR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Stephen Russell

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Richard Geisler

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Carlos Vasquez

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Tina Ngo Bartel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Victor Avina

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • Andrew Phillips

    PRESIDENT & CEO

    Total calculated
    $284,770
    From this org
    $0
    From related orgs
    $248,310
    Other
    $36,460
    Hours/week
    40 + 5 related

    Schedule J breakdown matched by us

    Base
    $0 + $248,310 related
    Bonus
    $0
    Other
    $0
    Deferred
    $14,642
    Nontaxable benefits
    $21,818
    Filer's total
    $36,460 + $248,310 related

  • Lisa Greeson

    EVP

    Total calculated
    $198,822
    From this org
    $0
    From related orgs
    $167,097
    Other
    $31,725
    Hours/week
    40 + 0.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $167,097 related
    Bonus
    $0
    Other
    $0
    Deferred
    $10,281
    Nontaxable benefits
    $21,444
    Filer's total
    $31,725 + $167,097 related

  • Daniel Kay

    EVP

    Total calculated
    $234,729
    From this org
    $0
    From related orgs
    $205,790
    Other
    $28,939
    Hours/week
    40 + 0.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $205,790 related
    Bonus
    $0
    Other
    $0
    Deferred
    $10,987
    Nontaxable benefits
    $17,952
    Filer's total
    $28,939 + $205,790 related

  • Thaddius Michael Lengyel

    DIRECTOR

    Total calculated
    $217,522
    From this org
    $0
    From related orgs
    $185,477
    Other
    $32,045
    Hours/week
    40 + 0.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $185,477 related
    Bonus
    $0
    Other
    $0
    Deferred
    $9,416
    Nontaxable benefits
    $22,629
    Filer's total
    $32,045 + $185,477 related

  • Gary Bosse

    VP ENGINEERING & CONSTRUCTION

    Total calculated
    $217,730
    From this org
    $0
    From related orgs
    $172,428
    Other
    $45,302
    Hours/week
    40 + 0.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $172,428 related
    Bonus
    $0
    Other
    $0
    Deferred
    $10,350
    Nontaxable benefits
    $34,952
    Filer's total
    $45,302 + $172,428 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • CIVIC SAN DIEGO ECONOMIC GROWTH AND NEIGHBORHOOD INVESTMENT FUND SUB-CDE II

    RELATED · NMTC ENTITY · CA · share of income $15 · general or managing partner

    Directly controlled by CHASE NMTC 37 ECB INVESTMENT FUND LLC

  • CIVIC SAN DIEGO ECONOMIC GROWTH AND NEIGHBORHOOD INVESTMENT FUND SUB-CDE V

    RELATED · NMTC ENTITY · CA · share of income $81 · share of assets $7 · general or managing partner

    Directly controlled by US BANCORP COMMUNITY DEVELOPMENT CORPORATION

  • CIVIC SAN DIEGO ECONOMIC GROWTH AND NEIGHBORHOOD INVESTMENT FUND SUB-CDE VI

    RELATED · NMTC ENTITY · CA · 0.01% owned · share of income $27 · share of assets $919 · general or managing partner

    Directly controlled by CITIBANK NA

  • CIVIC SAN DIEGO ECONOMIC GROWTH AND NEIGHBORHOOD INVESTMENT FUND SUB-CDE VI

    RELATED · NMTC ENTITY · CA · 0.01% owned · share of income $4 · share of assets $660 · general or managing partner

    Directly controlled by CHASE COMMUNITY EQUITY LLC

  • CIVIC SAN DIEGO ECONOMIC GROWTH AND NEIGHBORHOOD INVESTMENT FUND SUB-CDE VI

    RELATED · NMTC ENTITY · CA · 0.01% owned · share of assets $483 · general or managing partner

    Directly controlled by US BANCORP COMMUNITY DEVELOPMENT CORPORATION

  • CIVIC SAN DIEGO ECONOMIC GROWTH AND NEIGHBORHOOD INVESTMENT FUND SUB-CDE IX

    RELATED · NMTC ENTITY · CA · 0.01% owned · share of assets $482 · general or managing partner

    Directly controlled by US BANCORP COMMUNITY DEVELOPMENT CORPORATION

  • CIVIC SAN DIEGO ECONOMIC GROWTH AND NEIGHBORHOOD INVESTMENT FUND SUB-CDE X

    RELATED · NMTC ENTITY · CA · 0.01% owned · share of income $4 · share of assets $1,238 · general or managing partner

    Directly controlled by COCRF INVESTOR 119 LLC

  • CSD ECONOMIC GROWTH AND NEIGHBORHOOD INVESTMENT FUND SUB-CDE XI LLC

    RELATED · NMTC ENTITY · CA · 0.01% owned · share of income $48 · share of assets $1,161 · general or managing partner

    Directly controlled by JP MORGAN CHASE BANK NA

  • CSD ECONOMIC GROWTH AND NEIGHBORHOOD INVESTMENT FUND SUB-CDE XII LLC

    RELATED · NMTC ENTITY · CA · 0.01% owned · share of income $3 · share of assets $497 · general or managing partner

    Directly controlled by US BANCORP COMMUNITY DEVELOPMENT CORPORATION

  • CSD EGNIF SUB-CDE XIII LLC

    RELATED · NMTC ENTITY · CA · 0.01% owned · share of income $11 · share of assets $1,483 · general or managing partner

    Directly controlled by US BANCORP COMMUNITY DEVELOPMENT CORPORATION

  • CSD EGNIF SUB-CDE XIV LLC

    RELATED · NMTC ENTITY · CA · 0.01% owned · share of income $4 · share of assets $898 · general or managing partner

    Directly controlled by BANK OF AMERICA NA

  • CSD EGNIF SUB-CDE XV LLC

    RELATED · NMTC ENTITY · CA · 0.01% owned · share of assets $597 · general or managing partner

    Directly controlled by USB NMTC FUND 2020-6 LLC

  • CCP NMTC SUB-CDE XVI LLC

    RELATED · NMTC ENTITY · CA · 0.01% owned · share of income $2 · share of assets $1,495 · general or managing partner

    Directly controlled by US BANCORP COMMUNITY DEVELOPMENT CORPORATION

  • CCP NMTC SUB-CDE XVII LLC

    RELATED · NMTC ENTITY · CA · 0.01% owned · share of income $5 · share of assets $739 · general or managing partner

    Directly controlled by US BANCORP COMMUNITY DEVELOPMENT CORPORATION

  • CCP NMTC SUB-CDE XVIII LLC

    RELATED · NMTC ENTITY · CA · 0.01% owned · share of income $11 · share of assets $1,791 · general or managing partner

    Directly controlled by US BANCORP COMMUNITY DEVELOPMENT CORPORATION

  • CCP NMTC SUB-CDE XIX LLC

    RELATED · NMTC ENTITY · CA · 0.01% owned · share of income $3 · share of assets $957 · general or managing partner

    Directly controlled by US BANCORP COMMUNITY DEVELOPMENT CORPORATION

  • CCP NMTC SUB-CDE XX LLC

    RELATED · NMTC ENTITY · CA · 99% owned · share of income $3 · share of assets $1,200 · general or managing partner

    Directly controlled by US BANCORP COMMUNITY DEVELOPMENT CORPORATION

  • CCP NMTC SUB-CDE XXI LLC

    RELATED · NMTC ENTITY · CA · 99% owned · share of income $5 · share of assets $1,801 · general or managing partner

    Directly controlled by US BANCORP COMMUNITY DEVELOPMENT CORPORATION

  • CCP NMTC SUB-CDE XXII LLC

    RELATED · NMTC ENTITY · CA · 99% owned · share of income $2 · share of assets $701 · general or managing partner

    Directly controlled by US BANCORP COMMUNITY DEVELOPMENT CORPORATION

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CIVIC SAN DIEGO ECONOMIC GROWTH AND NEIGHBORHOOD INVESTMENT FUND SUB-CDE IV

    C · NMTC ENTITY · CA · share of income $7 · share of assets $6

    Directly controlled by BOA URBAN CORPS INVESTMENT

  • CIVIC COMMUNITY VENTURES INC

    C · REAL ESTATE CONSULTING · CA · 51% owned · share of income $128,874 · share of assets $1,400,244 · controlled entity

    Directly controlled by CIVIC COMMUNITY PARTNERS INC

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2024
IRS schema version
2022v5.0
Source object
202411369349318731

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.