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← COMMUNITY REDEVELOPMENT LOAN AND INVESTMENT FUND INC

Form 990 for tax year 2024

Filed by COMMUNITY REDEVELOPMENT LOAN AND INVESTMENT FUND INC.

Totals

Total revenue
$7,055,649
Total expenses
$1,560,882
Contributions and grants received
$5,760,250
Grants paid
$0
Program service revenue
$1,027,067
Investment income
$268,332
Other revenue
$0
Total assets, end of year
$33,053,042
Total liabilities, end of year
$11,436,148
Net assets or fund balances, end of year
$21,616,894
Program services expenses (Part IX)
$1,560,882
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$1,560,882

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

    $5,760,250

  • 2a · Program service revenue: INTEREST INCOME

    total $946,731 · related or exempt $946,731

  • 2b · Program service revenue: PROGRAM FEES

    total $80,336 · related or exempt $80,336

  • 3 · Investment income

    total $268,332 · related or exempt $268,332

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $38,600 · program services $38,600

  • 11g · Fees: other

    total $316,030 · program services $316,030

  • 13 · Office expenses

    total $364 · program services $364

  • 16 · Occupancy

    total $12,519 · program services $12,519

  • 20 · Interest

    total $344,709 · program services $344,709

  • 23 · Insurance

    total $2,136 · program services $2,136

  • 24a · Other expenses: TELEPHONE

    total $445,172 · program services $445,172

  • 24b · Other expenses: ALLOCATED SALARIES EXPE

    total $376,697 · program services $376,697

  • 24c · Other expenses: OTHER EXPENSES

    total $23,471 · program services $23,471

  • 24d · Other expenses: GENERAL & ADMINISTRATIV

    total $1,184 · program services $1,184

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $14,485,303 · end of year $8,395,394

  • 4 · Accounts receivable

    beginning of year $2,876,643 · end of year $5,170,738

  • 7 · Other notes and loans receivable

    beginning of year $26,405,413 · end of year $19,486,910

  • 17 · Accounts payable and accrued expenses

    beginning of year $12,070,232 · end of year $129,148

  • 19 · Deferred revenue

    beginning of year $5,725,000 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $9,850,000 · end of year $11,307,000

  • 27 · Net assets without donor restrictions

    beginning of year $16,122,127 · end of year $21,616,894

Mission and programs · 2024

Mission

DEVELOPS, FINANCES, AND ADVOCATES FOR AFFORDABLE HOUSING AT SCALE THAT PROMOTES RACIAL EQUITY AND HEALTHY COMMUNITIES WHERE FAMILIES THRIVE.

  • DEVELOPS, FINANCES, AND ADVOCATES FOR AFFORDABLE HOUSING AT SCALE THAT PROMOTES RACIAL EQUITY AND HEALTHY COMMUNITIES WHERE FAMILIES THRIVE.

    Expenses $1,560,882 · Revenue $1,295,399

As filed on the 2024 return.

Listed in Part VII

  • Agnes Casimir

    CFO/DIRECTOR

    Total calculated
    $281,762
    From this org
    $0
    From related orgs
    $231,167
    Other
    $50,595
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $203,671 related
    Bonus
    $0 + $27,496 related
    Other
    $0
    Deferred
    $0 + $26,477 related
    Nontaxable benefits
    $0 + $24,118 related
    Filer's total
    $0 + $281,762 related
  • Ann Carpenter

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Aaron Abramovitz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Victoria Anglin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Chandra Haslem

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jason Perlmutter

    DIRECTOR

    Total calculated
    $209,038
    From this org
    $0
    From related orgs
    $172,034
    Other
    $37,004
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $156,395 related
    Bonus
    $0 + $15,639 related
    Other
    $0
    Deferred
    $0 + $15,639 related
    Nontaxable benefits
    $0 + $21,365 related
    Filer's total
    $0 + $209,038 related
  • Zykereyes Bennett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John O'Callaghan

    CEO/DIRECTOR

    Total calculated
    $481,445
    From this org
    $0
    From related orgs
    $412,226
    Other
    $69,219
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $362,495 related
    Bonus
    $0 + $45,531 related
    Other
    $0 + $4,200 related
    Deferred
    $0 + $41,125 related
    Nontaxable benefits
    $0 + $28,094 related
    Filer's total
    $0 + $481,445 related
  • Jace Gatewood

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Richard Slaton

    VICE-CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Richard Oglesby

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Pamela D Cross

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Shirlynn Fortson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Roderick Teachey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Nate Jester

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sam Shenbaga

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Susan Adams

    DIRECTOR

    Total calculated
    $263,164
    From this org
    $0
    From related orgs
    $206,158
    Other
    $57,006
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $181,637 related
    Bonus
    $0 + $24,521 related
    Other
    $0
    Deferred
    $0 + $18,164 related
    Nontaxable benefits
    $0 + $38,842 related
    Filer's total
    $0 + $263,164 related
  • Cecilia Leal

    DIRECTOR

    Total calculated
    $158,905
    From this org
    $0
    From related orgs
    $113,781
    Other
    $45,124
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $105,352 related
    Bonus
    $0 + $8,429 related
    Other
    $0
    Deferred
    $0 + $8,428 related
    Nontaxable benefits
    $0 + $36,696 related
    Filer's total
    $0 + $158,905 related
  • Thomas J Roeck Jr

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Mary V Gude

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Shikha Jerath

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Hugh Rowden

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Keith L Thornton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Daphne Bond Godfrey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • George S Burgan

    DIRECTOR

    Total calculated
    $177,168
    From this org
    $0
    From related orgs
    $141,919
    Other
    $35,249
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $124,490 related
    Bonus
    $0 + $17,429 related
    Other
    $0
    Deferred
    $0 + $12,449 related
    Nontaxable benefits
    $0 + $22,800 related
    Filer's total
    $0 + $177,168 related
  • Alrich Lynch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Salisha Evans

    DIRECTOR

    Total calculated
    $208,798
    From this org
    $0
    From related orgs
    $171,000
    Other
    $37,798
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $150,000 related
    Bonus
    $0 + $21,000 related
    Other
    $0
    Deferred
    $0 + $14,750 related
    Nontaxable benefits
    $0 + $23,048 related
    Filer's total
    $0 + $208,798 related
  • Ashani O'Mard

    DIRECTOR

    Total calculated
    $243,861
    From this org
    $0
    From related orgs
    $214,676
    Other
    $29,185
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $190,823 related
    Bonus
    $0 + $23,853 related
    Other
    $0
    Deferred
    $0 + $24,807 related
    Nontaxable benefits
    $0 + $4,378 related
    Filer's total
    $0 + $243,861 related
  • Rian Perry Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Vy Vu

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Connie Wright

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sara Haas

    DIRECTOR

    Total calculated
    $202,809
    From this org
    $0
    From related orgs
    $173,077
    Other
    $29,732
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $155,925 related
    Bonus
    $0 + $17,152 related
    Other
    $0
    Deferred
    $0 + $12,123 related
    Nontaxable benefits
    $0 + $17,609 related
    Filer's total
    $0 + $202,809 related
  • Erica Acie

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Assata Black

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Howard Franklin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Natosha Reid Rice

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Carol Yancey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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

  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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

No itemized grants to organizations 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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • ANDP DELOWE VILLAGE LLC

    REHAB RE · GA

    Directly controlled by ANDP INC

  • ANDP HOMES LLC

    ACQ/RESALE RE · GA

    Directly controlled by ANDP INC

  • ANDP PROVIDENCE PARKWAY GP LLC

    ACQ/RESALE RE · GA

    Directly controlled by ANDP INC

Related partnerships

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

  • MISTY AMBER LP

    RELATED · RE RENTAL · GA

  • CHP-MISTY LLC

    RELATED · RE RENTAL · GA

  • ANDP STANTON CREST LLC

    RELATED · RE RENTAL · GA

  • ANDP HUNTINGTON COURT LLC

    RELATED · RE RENTAL · GA

  • ANDP CREEKSIDE AT ADAMSVILLE PLACE LLC

    RELATED · RE RENTAL · GA

  • HUNTINGTON COURT PARTNERS LLC

    RELATED · RE RENTAL · GA

  • ANDP MISTY AMBER MARTIN HOUSE LLC

    RELATED · RE RENTAL · GA

  • ANDP ARDEN FAMILY I GP LLC

    RELATED · RE RENTAL · GA

  • PRESERVATION STATION LLC

    RELATED · RE RENTAL · GA

  • MAAR FUND 1 LLC

    RELATED · RE RENTAL · GA

  • ANDP SYLVAN HILLS II LLC

    RELATED · RE RENTAL · GA

  • GOATLANDP AFFORDABLE HOUSING LLC

    RELATED · RE RENTAL · GA

Related corporations and trusts

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

  • ANDP MISTY AMBER SENIOR HOUSING INC

    C · RE RENTAL · GA

  • ANDP SYLVAN HILLS GP LLC

    C · RE RENTAL · GA

  • ANDP SYMPHONY FAMILY I GP LLC

    C · RE RENTAL · GA

Provenance

Return type
form_990
Tax year
2024
Filed
27 January 2026
IRS schema version
2024v5.5
Source object
202600309349300720

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