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Nonprofiteer
← REINVESTMENT FUND INC

Form 990 for tax year 2022

Filed by REINVESTMENT FUND INC.

Totals

Total revenue
$54,478,225
Total expenses
$40,371,633
Contributions and grants received
$21,896,101
Grants paid
$8,984,766
Program service revenue
$33,765,301
Investment income
-$2,420,870
Other revenue
$1,237,693
Total assets, end of year
$609,720,317
Total liabilities, end of year
$365,253,477
Net assets or fund balances, end of year
$244,466,840
Program services expenses (Part IX)
$30,748,112
Management and general expenses
$9,405,009
Fundraising expenses
$218,512
Program service expenses (Part III)
$30,748,112

Program services were 76.2% 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.

  • 1e · Government grants (contributions)

    $13,019,942

  • 1f · All other contributions, gifts and grants

    $8,876,159

  • 2a · Program service revenue: INTEREST

    total $28,212,422 · related or exempt $28,212,422

  • 2b · Program service revenue: FEE INCOME

    total $2,378,057 · related or exempt $2,378,057

  • 2c · Program service revenue: NMTC PLACEMENT FEES

    total $1,868,750 · related or exempt $1,868,750

  • 2d · Program service revenue: ASSET MANAGEMENT FEES

    total $971,863 · related or exempt $971,863

  • 2e · Program service revenue: LOAN & LEASE FEES

    total $334,209 · related or exempt $334,209

  • 3 · Investment income

    total $1,544,705 · excluded $1,544,705

  • 7a · Gross sales of assets other than inventory

    securities $48,425,103

  • 7b · Less cost or other basis and sales expenses

    securities $52,390,678

  • 7c · Gain or loss

    securities -$3,965,575

  • 7d · Net gain or loss

    total -$3,965,575 · related or exempt -$3,965,575

  • 11a · Other revenue: FORGIVENESS OF DEBT

    total $705,692 · related or exempt $705,692

  • 11b · Other revenue: GAINS FROM PARTNERSHIPS

    total $666,210 · related or exempt $666,210

  • 11c · Other revenue: GAINS FROM INVESTMENTS

    total -$166,132 · related or exempt -$166,132

  • 11d · All other revenue

    total $31,923 · related or exempt $31,923

  • 11e · Other revenue, total

    $1,237,693

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $8,984,766 · program services $8,984,766

  • 5 · Compensation of officers, directors and key employees

    total $3,409,068 · program services $1,404,233 · management and general $2,004,835

  • 7 · Other salaries and wages

    total $6,356,426 · program services $3,840,438 · management and general $2,414,376 · fundraising $101,612

  • 8 · Pension plan contributions

    total $647,717 · program services $348,399 · management and general $299,318

  • 9 · Other employee benefits

    total $1,869,739 · program services $1,035,507 · management and general $808,829 · fundraising $25,403

  • 10 · Payroll taxes

    total $779,907 · program services $490,421 · management and general $289,486

  • 11b · Fees: legal

    total $141,944 · program services $14,955 · management and general $126,989

  • 11c · Fees: accounting

    total $360,052 · program services $21,410 · management and general $338,642

  • 11d · Fees: lobbying

    total $204,000 · program services $204,000

  • 11e · Fees: professional fundraising services

    total $91,497 · fundraising $91,497

  • 11g · Fees: other

    total $2,665,182 · program services $1,405,268 · management and general $1,259,914

  • 12 · Advertising and promotion

    total $43,657 · program services $18,233 · management and general $25,424

  • 13 · Office expenses

    total $311,568 · program services $142,705 · management and general $168,863

  • 14 · Information technology

    total $851,075 · program services $397,464 · management and general $453,611

  • 16 · Occupancy

    total $606,647 · program services $353,043 · management and general $253,604

  • 17 · Travel

    total $96,060 · program services $71,541 · management and general $24,519

  • 19 · Conferences, conventions and meetings

    total $345,748 · program services $115,984 · management and general $229,764

  • 20 · Interest

    total $10,641,316 · program services $10,641,316

  • 22 · Depreciation, depletion and amortization

    total $115,714 · program services $62,371 · management and general $53,343

  • 23 · Insurance

    total $228,459 · program services $127,936 · management and general $100,523

  • 24a · Other expenses: PROVISION FOR LOAN LOSS

    total $778,617 · program services $778,617

  • 24b · Other expenses: TEMPORARY HELP

    total $361,886 · program services $2,000 · management and general $359,886

  • 24c · Other expenses: STAFF DEVELOPMENT/RECRU

    total $177,710 · program services $26,599 · management and general $151,111

  • 24d · Other expenses: LOANS RELATED EXPENSE

    total $139,593 · program services $139,593

  • 24e · All other expenses

    total $163,285 · program services $121,313 · management and general $41,972

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $82,428,350 · end of year $71,180,112

  • 3 · Pledges and grants receivable

    beginning of year $3,354,698 · end of year $3,328,058

  • 4 · Accounts receivable

    beginning of year $5,459,391 · end of year $8,623,799

  • 7 · Other notes and loans receivable

    beginning of year $432,706,100 · end of year $444,382,225

  • 9 · Prepaid expenses and deferred charges

    beginning of year $637,084 · end of year $913,172

  • 10a · Land, buildings and equipment: cost or other basis

    $2,539,840

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,204,595

  • 10c · Land, buildings and equipment, net

    beginning of year $450,959 · end of year $335,245

  • 11 · Investments: publicly traded securities

    beginning of year $77,222,499 · end of year $72,637,189

  • 15 · Other assets

    beginning of year $7,000,303 · end of year $8,320,517

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,259,730 · end of year $4,714,404

  • 19 · Deferred revenue

    beginning of year $11,907,639 · end of year $8,778,776

  • 21 · Escrow or custodial account liability

    beginning of year $9,198,575 · end of year $3,033,587

  • 23 · Secured mortgages and notes payable

    beginning of year $122,300,117 · end of year $115,229,821

  • 24 · Unsecured notes and loans payable

    beginning of year $227,170,530 · end of year $231,365,990

  • 25 · Other liabilities

    beginning of year $5,213,550 · end of year $2,130,899

  • 27 · Net assets without donor restrictions

    beginning of year $126,684,431 · end of year $136,205,929

  • 28 · Net assets with donor restrictions

    beginning of year $102,524,812 · end of year $108,260,911

Mission and programs · 2022

Mission

THE REINVESTMENT FUND, INC. CREATES OPPORTUNITY FOR UNDERSERVED PEOPLE AND PLACES THROUGH PARTNERSHIPS. IT MARSHALS THE CAPITAL, ANALYTICS, AND EXPERTISE NECESSARY TO BUILD STRONG, HEALTHY, AND MORE EQUITABLE COMMUNITIES.

  • LENDING: ENCOMPASSES THE ORGANIZATION'S FINANCING OF HOMES, SCHOOLS, HEALTHY FOOD RETAIL, HEALTHCARE AND OTHER PROJECTS THAT BENEFIT LOW-WEALTH PEOPLE AND PLACES AND IS THE CORE LENDING FUNCTION OF THE ORGANIZATION.

    Expenses $17,375,131 · Grants $20,000 · Revenue $28,803,902

  • POLICY SOLUTIONS: CONDUCTS POLICY, DATA ANALYSIS AND SOCIAL IMPACT ANALYSES THAT ADVANCE REINVESTMENT FUND, INC.'S MISSION AND EFFECT SYSTEM CHANGE, ON BEHALF OF REINVESTMENT FUND, INC. AS WELL AS PUBLIC AND PHILANTHROPIC CLIENTS.

    Expenses $2,100,737 · Revenue $1,491,228

  • CAPACITY BUILDING & CAPITAL ACCESS: USES GRANTS AND TECHNICAL ASSISTANCE TO MAKE ACCESS TO CAPITAL MORE EQUITABLE FOR LOW-WEALTH INDIVIDUALS AND COMMUNITIES, PARTICULARLY IN THE AREAS OF EARLY CHILDHOOD EDUCATION, FOOD AND SOCIAL DETERMINANTS OF HEALTH.

    Expenses $11,523,570 · Grants $8,964,766 · Revenue $529,816

  • SUSTAINABLE DEVELOPMENT FUND ("SDF"): REPRESENTS AN ENERGY-RELATED FUND THAT USES LOANS, INVESTMENTS AND GRANTS TO AUGMENT THE ORGANIZATION'S EXISTING ENERGY CONSERVATION AND COMMUNITY INVESTING EFFORTS. SDF WAS CREATED BY THE PARTIES TO THE PECO ENERGY COMPANY ("PECO ENERGY") RESTRUCTURING AND APPROVED BY THE PENNSYLVANIA PUBLIC UTILITY COMMISSION ("PUC") IN MAY 1998.

    Expenses -$251,326 · Revenue $212,473

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

Listed in Part VII

  • Marland Buckner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5

  • Phyllis Cater

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5 + 0.5 related

  • Lisa Detwiler

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 0.5 related

  • Ivy Dench-Carter

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5

  • Raquel Favela

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5

  • Daniel Hayes

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Katherine O'Regan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5

  • Sandeep Wadhwa

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5 + 0.5 related

  • Vicki Lundy Wilbon

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.5

  • Mark Zandi

    BOARD CHAIR & COMP. COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    3 + 0.5 related

  • Saul A Behar

    BOARD VICE CHAIR & AUDIT COMM. CHAIR

    Total calculated
    $0
    Hours/week
    2 + 0.5 related

  • Michael Davis

    GOVERNANCE COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    3

  • Dudley Benoit

    FINANCE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Raymond Skinner

    LOAN COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Donald Hinkle-Brown

    PRESIDENT & CEO

    Total calculated
    $737,804
    From this org
    $692,683
    From related orgs
    $0
    Other
    $45,121
    Hours/week
    38.75 + 1.25 related

    Schedule J breakdown matched by us

    Base
    $434,418
    Bonus
    $146,893
    Other
    $111,372
    Deferred
    $22,883
    Nontaxable benefits
    $22,238
    Filer's total
    $737,804

  • Michael M Crist

    EVP & CFO

    Total calculated
    $464,598
    From this org
    $385,782
    From related orgs
    $0
    Other
    $78,816
    Hours/week
    39.25 + 0.75 related

    Schedule J breakdown matched by us

    Base
    $305,139
    Bonus
    $74,628
    Other
    $6,015
    Deferred
    $51,633
    Nontaxable benefits
    $27,183
    Filer's total
    $464,598

  • Nancy Wagner-Hislip

    CHIEF INVESTMENT OFFICER

    Total calculated
    $407,577
    From this org
    $328,335
    From related orgs
    $0
    Other
    $79,242
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $260,120
    Bonus
    $63,905
    Other
    $4,310
    Deferred
    $51,633
    Nontaxable benefits
    $27,609
    Filer's total
    $407,577

  • Cheila Fernandez

    COO & CORPORATE SECRETARY

    Total calculated
    $388,364
    From this org
    $312,725
    From related orgs
    $0
    Other
    $75,639
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $255,890
    Bonus
    $55,051
    Other
    $1,784
    Deferred
    $58,300
    Nontaxable benefits
    $17,339
    Filer's total
    $388,364

  • M Amanda High

    CHIEF IMPACT, DEV. & INNOV. OFF.

    Total calculated
    $370,987
    From this org
    $343,117
    From related orgs
    $0
    Other
    $27,870
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $265,400
    Bonus
    $63,905
    Other
    $13,812
    Deferred
    $18,300
    Nontaxable benefits
    $9,570
    Filer's total
    $370,987

  • Rhonda Smith

    ASSISTANT CORPORATE SECRETARY

    Total calculated
    $119,093
    From this org
    $91,171
    From related orgs
    $0
    Other
    $27,922
    Hours/week
    40

  • Ira Goldstein

    PRESIDENT OF POLICY SOLUTIONS

    Total calculated
    $344,949
    From this org
    $276,701
    From related orgs
    $0
    Other
    $68,248
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $222,789
    Bonus
    $53,045
    Other
    $867
    Deferred
    $46,602
    Nontaxable benefits
    $21,646
    Filer's total
    $344,949

  • Tracy Murray Moore

    CHIEF HUMAN RESOURCES OFFICER

    Total calculated
    $323,536
    From this org
    $258,244
    From related orgs
    $0
    Other
    $65,292
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $212,667
    Bonus
    $43,196
    Other
    $2,381
    Deferred
    $55,577
    Nontaxable benefits
    $9,715
    Filer's total
    $323,536

  • Sara Vernon Sterman

    CHIEF PROGRAMS OFFICER

    Total calculated
    $252,150
    From this org
    $237,642
    From related orgs
    $0
    Other
    $14,508
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $186,255
    Bonus
    $39,837
    Other
    $11,550
    Deferred
    $14,423
    Nontaxable benefits
    $85
    Filer's total
    $252,150

  • Christina Szczepanski

    MANAGING DIR, FIN. & PORT. MGMT.

    Total calculated
    $310,797
    From this org
    $239,199
    From related orgs
    $0
    Other
    $71,598
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $210,944
    Bonus
    $27,430
    Other
    $825
    Deferred
    $44,415
    Nontaxable benefits
    $27,183
    Filer's total
    $310,797

  • Kareem Thomas

    MANAGING DIR, CREDIT & PORT. MGMT.

    Total calculated
    $277,435
    From this org
    $206,756
    From related orgs
    $0
    Other
    $70,679
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $188,592
    Bonus
    $17,394
    Other
    $770
    Deferred
    $42,970
    Nontaxable benefits
    $27,709
    Filer's total
    $277,435

  • Tracy Petrofsky

    MANAGING DIR. OF OPS (AS OF 11/22)

    Total calculated
    $264,626
    From this org
    $221,322
    From related orgs
    $0
    Other
    $43,304
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $191,194
    Bonus
    $29,356
    Other
    $772
    Deferred
    $21,658
    Nontaxable benefits
    $21,646
    Filer's total
    $264,626

  • Timothy Gillespie

    TREASURER

    Total calculated
    $234,325
    From this org
    $180,592
    From related orgs
    $0
    Other
    $53,733
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,959
    Bonus
    $23,980
    Other
    $653
    Deferred
    $26,550
    Nontaxable benefits
    $27,183
    Filer's total
    $234,325

  • Caroline Rosch

    MANAGING DIR, PORT. STRATEGY & OPS.

    Total calculated
    $207,312
    From this org
    $168,595
    From related orgs
    $0
    Other
    $38,717
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $125,877
    Bonus
    $24,019
    Other
    $18,699
    Deferred
    $10,342
    Nontaxable benefits
    $28,375
    Filer's total
    $207,312

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 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4B
THE REINVESTMENT FUND, INC. HAS ESTABLISHED A DEFERRED COMPENSATION PLAN UNDER SECTION 457(F) FOR A SELECT GROUP OF MANAGEMENT AND HIGHLY COMPENSATED EMPLOYEES OF TRF. THE AMOUNT OF A PARTICIPANT'S EMPLOYER CONTRIBUTION, AND THE DATE ON WHICH THE EMPLOYER CONTRIBUTION IS CONTRIBUTED AND CREDITED TO HIS OR HER ACCOUNT, WILL BE SET FORTH IN THE CONTRIBUTION NOTICE FOR THAT PLAN YEAR. ALL ACCRUED DEFERRED COMPENSATION SHALL VEST AND BE PAYABLE (I) ON THE DATE THE PARTICIPANT ATTAINS NORMAL RETIREMENT AGE, PROVIDED THAT THE PARTICIPANT CONTINUES TO BE AN EMPLOYEE ON THAT DATE, (II) AFTER SEVERANCE OF EMPLOYMENT DUE TO PARTICIPANT'S DISABILITY OR TERMINATION BY TRF WITHOUT CAUSE, OR (III) IN ACCORDANCE WITH THE VESTING SCHEDULE SET FORTH IN THE CONTRIBUTION NOTICE PROVIDED TO THE PARTICIPANT FOR THAT EMPLOYER CONTRIBUTION. THE FOLLOWING AMOUNTS VESTED IN 2022 AND ARE REPORTED IN PART II, COLUMN (B)(III): DONALD HINKLE-BROWN $62,956 THE FOLLOWING AMOUNT WAS CONTRIBUTED TO THE 457(F) PLAN IN 2022 AND IS REPORTED IN PART II, COLUMN (C): CHEILA FERNANDEZ $40,000 TRACY MURRAY MOORE $40,000 MICHAEL CRIST $33,333 NANCY WAGNER-HISLIP $33,333 CHRISTINA SZCZEPANSKI $30,000 IRA GOLDSTEIN $30,000 KAREEM THOMAS $30,000 TIMOTHY GILLESPIE $15,000 TRACY PETROFSKY $15,000 DONALD HINKLE-BROWN $4,583 A 457(F) PARTICIPANT WILL FORFEIT THE PORTION OF HIS OR HER ACCOUNT THAT IS NOT VESTED AS OF THE DATE HE OR SHE INCURS A SEVERANCE FROM EMPLOYMENT WITH REINVESTMENT FUND. MICHAEL CRIST TERMINATED EMPLOYMENT 5/31/2023 AND NANCY WAGNER-HISLIP TERMINATED EMPLOYMENT 8/31/2023. THE PARTICIPANTS WILL FORFEIT THE CONTRIBUTIONS SCHEDULED TO VEST 12/31/2024 AS SET FORTH IN THEIR CONTRIBUTION NOTICES.
PART I, LINE 7
THE COMPENSATION COMMITTEE, ESTABLISHED BY THE EXECUTIVE COMMITTEE OF THE RF BOARD, APPROVED THE THREE TIERS OF THE DISCRETIONARY BONUS POOL THAT WERE AWARDED BY MANAGERS' RECOMMENDATION AND CEO APPROVAL. THE COMMITTEE ALSO REVIEWED AND CONCURRED WITH THE INCENTIVE COMPENSATION AWARDS RECOMMENDED BY THE CEO FOR THE SENIOR MANAGEMENT TEAM IN THE HIGHEST PERFORMANCE TIER IN ACCORDANCE WITH THEIR DUTIES UNDER IRS INTERMEDIATE SANCTIONS. FURTHER, THE COMPENSATION COMMITTEE ALSO APPROVED A 2022 BONUS FOR THE CEO, WHICH WAS DETERMINED BY THE COMMITTEE INDEPENDENTLY OF THE CEO. THESE COMPENSATION DECISIONS WERE ALSO REVIEWED WITH THE ENTIRE BOARD MEMBERSHIP.

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

  • APPLETREE DEVELOPMENTAL CENTER LLC

    $343,236

    PROVIDING FUNDING TO CHILD CARE PROVIDERS IN PHILADELPHIA

  • KOREAN COMMUNITY DEVELOPMENT SERVICES CENTER - RISING SUN CHILDRENS CENTER

    $319,695

    PROVIDING FUNDING TO CHILD CARE PROVIDERS IN PHILADELPHIA

  • YOUR CHILD'S WORLD LEARNING CENTER

    $311,430

    PROVIDING FUNDING TO CHILD CARE PROVIDERS IN PHILADELPHIA

  • THE MAGIC YEARS LLC

    $232,992

    PROVIDING FUNDING TO CHILD CARE PROVIDERS IN PHILADELPHIA

  • INTERFAITH NEIGHBORS INC

    $225,000

    BUILDING HEALTHIER, MORE EQUITABLE COMMUNITIES (BHEC) IN NEW JERSEY

  • PARKSIDE BUSINESS & COMMUNITY IN PARTNERSHIP INC

    $225,000

    BUILDING HEALTHIER, MORE EQUITABLE COMMUNITIES (BHEC) IN NEW JERSEY

  • WONDERSPRING

    $223,425

    PROVIDING FUNDING TO CHILD CARE PROVIDERS IN PHILADELPHIA

  • DORCHESTER COMMUNITY FOOD CO-OP

    $200,000

    FUNDING TO EXPAND OR PRESERVE THE AVAILABILITY OF STAPLE AND PERISHABLE FOODS IN UNDERSERVED AREAS WITH LOW AND MODERATE INCOME POPULATIONS BY MAINTAINING OR INCREASING THE NUMBER OF RETAIL OUTLETS THAT OFFER AN ASSORTMENT OF PERISHABLE AND STAPLE FOODS IN THOSE AREAS

  • PROJECT NEW VILLAGE

    $200,000

    FUNDING TO EXPAND OR PRESERVE THE AVAILABILITY OF STAPLE AND PERISHABLE FOODS IN UNDERSERVED AREAS WITH LOW AND MODERATE INCOME POPULATIONS BY MAINTAINING OR INCREASING THE NUMBER OF RETAIL OUTLETS THAT OFFER AN ASSORTMENT OF PERISHABLE AND STAPLE FOODS IN THOSE AREAS

  • THE COMMUNITY BUILDERS INC

    $200,000

    FUNDING TO EXPAND OR PRESERVE THE AVAILABILITY OF STAPLE AND PERISHABLE FOODS IN UNDERSERVED AREAS WITH LOW AND MODERATE INCOME POPULATIONS BY MAINTAINING OR INCREASING THE NUMBER OF RETAIL OUTLETS THAT OFFER AN ASSORTMENT OF PERISHABLE AND STAPLE FOODS IN THOSE AREAS

The 10 largest by cash amount. The API serves every itemized grant.

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.

  • COLLABORATIVE LENDING INITIATIVE INC

    501(C)(3) · LENDING AND COMMUNITY INVESTING · PA · controlled entity

    Directly controlled by THE REINVESTMENT FUND INC

  • TRF ENTERPRISE FUND INC

    501(C)(3) · LENDING AND COMMUNITY INVESTING · PA · controlled entity

    Directly controlled by THE REINVESTMENT FUND INC

  • TRF PRIVATE EQUITY INC

    501(C)(3) · PRIVATE EQUITY · PA · controlled entity

    Directly controlled by THE REINVESTMENT FUND INC

  • RF IMPACT ADVISERS INC

    501(C)(4) · LENDING AND COMMUNITY INVESTING · PA · controlled entity

    Directly controlled by THE REINVESTMENT FUND INC

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.

  • TRF EDUCATION FUNDING LLC

    INVESTMENT IN CHARTER SCHOOL FINANCING · DE · income $18,609 · assets $256,511

    Directly controlled by THE REINVESTMENT FUND INC

  • TRF NMTC FUND LLC

    INVESTMENT IN NMTC PARTNERSHIPS · DE · income -$1,296 · assets $74,725

    Directly controlled by THE REINVESTMENT FUND INC

  • RF CLEAN ENERGY FUND I LLC

    INVESTMENT IN CLEAN ENERGY · PA · income $740,187 · assets $6,534,570

    Directly controlled by THE REINVESTMENT FUND INC

  • REINVESTMENT I LLC

    OREO · PA · income $0 · assets $0

    Directly controlled by THE REINVESTMENT FUND INC

  • REINVESTMENT III LLC

    OREO · PA · income $0 · assets $0

    Directly controlled by THE REINVESTMENT FUND INC

  • REINVESTMENT IV LLC

    OREO · PA · income $0 · assets $0

    Directly controlled by THE REINVESTMENT FUND INC

Related partnerships

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

  • OH BEL-AIR PARTNERS LP

    RELATED · REDEVELOPMENT ACTIVITIES INCLUDING RENTAL FACILITIES · PA · 80.25% owned · share of income -$36,383 · share of assets $771,880

  • OH CHELTEN PARTNERS LP

    RELATED · REDEVELOPMENT ACTIVITIES INCLUDING RENTAL FACILITIES · PA · 80.25% owned · share of income -$8,149 · share of assets $616,946

  • FSCLF HOLDING LLC

    RELATED · HOLDING COMPANY · DE · 50% owned · share of income -$48,605 · share of assets $214,942

  • HEALTHCO PARTICIPANT LLC

    RELATED · LOAN ADMINISTRATION · PA · share of income -$7,945

  • TRF NMTC FUND XXXII LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND XXXIII LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · share of income $5 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND XXXIV LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · share of income $4 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND XXXV LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $6 · share of assets $4,650 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND XXXVI LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · share of income $26 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND XXXVII LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · share of income $25 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND XXXVIII LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · share of income $36 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND XXXIX LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · share of income $4 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND XLII LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $12 · share of assets $6,069 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND XLIII LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $4 · share of assets $4,134 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND XLIV LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $5 · share of assets $4,133 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND XLV LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $6 · share of assets $11,476 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND XLVII LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $9 · share of assets $7,751 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND XLVIII LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $10 · share of assets $6,038 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND XLIX LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $6 · share of assets $4,393 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND L LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $11 · share of assets $7,468 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • DOMESTIC SMALL CAP PAY FOR SUCCESS FUND I LP - CLASS A

    RELATED · LOAN ADMINISTRATION · PA · 2.82% owned · share of income $3,805 · share of assets $37,934

    Directly controlled by RF IMPACT ADVISERS INC

  • DOMESTIC SMALL CAP PAY FOR SUCCESS FUND I LP - CLASS B

    RELATED · LOAN ADMINISTRATION · PA · 13.12% owned · share of income $14,259 · share of assets $252,144

    Directly controlled by RF IMPACT ADVISERS INC

  • CDFI COALITION REVOLVING FUND LLC

    RELATED · LOAN ADMINISTRATION · GA · 20% owned · share of income -$4,815 · share of assets $1,626,860

  • RFIA IMPACT ACCELERATOR BRIDGE LOAN FUND I LLC

    RELATED · LOAN ADMINISTRATION · PA · 28.81% owned · share of income $232,174 · share of assets $1,101,959

    Directly controlled by RF IMPACT ADVISERS INC

  • TRF NMTC FUND 51 LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $15 · share of assets $1,810 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND 52 LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $29 · share of assets $16,207 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND 53 LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $4 · share of assets $6,751 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND 54 LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $8 · share of assets $3,084 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND 55 LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $16 · share of assets $4,393 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND 56 LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $1 · share of assets $2,325 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND 57 LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $5 · share of assets $4,133 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND 58 LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $7 · share of assets $4,134 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND 59 LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $11 · share of assets $4,134 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND 60 LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $3 · share of assets $2,713 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND 61 LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $1 · share of assets $10,801 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND 62 LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $3 · share of assets $3,101 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND 63 LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $1 · share of assets $1,550 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND 64 LP

    RELATED · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of assets $4,220 · general or managing partner

    Directly controlled by TRF NMTC FUND LLC

Related corporations and trusts

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

  • POLICYMAP INC

    C · ON-LINE DATA ANALYSIS AND MAPPING TOOL THAT PROVIDES BROAD ACCESS TO DATA · PA · 89.46% owned · share of income -$453,300 · share of assets $1,997,921 · controlled entity

    Directly controlled by THE REINVESTMENT FUND INC

  • TRF NMTC FUND XLI LP

    C · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $3 · share of assets $801

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND XL LP

    C · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $3 · share of assets $551

    Directly controlled by TRF NMTC FUND LLC

  • TRF NMTC FUND XLVI LP

    C · REDEVELOPMENT ACTIVITIES · PA · 0.01% owned · share of income $4 · share of assets $851

    Directly controlled by TRF NMTC FUND LLC

  • controlled entity

Provenance

Return type
form_990
Tax year
2022
Filed
2 October 2023
IRS schema version
2022v5.0
Source object
202322789349300827

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