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Nonprofiteer
← FORWARD COMMUNITY INVESTMENTS INC

Form 990 for tax year 2023

Filed by FORWARD COMMUNITY INVESTMENTS INC.

Totals

Total revenue
$3,357,666
Total expenses
$2,652,437
Contributions and grants received
$155,048
Grants paid
$55,000
Program service revenue
$2,977,240
Investment income
$225,378
Other revenue
$0
Total assets, end of year
$33,131,053
Total liabilities, end of year
$17,117,226
Net assets or fund balances, end of year
$16,013,827
Program services expenses (Part IX)
$1,527,695
Management and general expenses
$1,107,563
Fundraising expenses
$17,179
Program service expenses (Part III)
$1,527,695

Program services were 57.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JASMINE MERCADO

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • MIKE FLYNN

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • PAMELA GUTHMAN

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • PAUL FEHRENBACH

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • JEFF MACK JR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RAYNETTA HILL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CHRIS LAURENT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • FERN ORIE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • WALLY ORZECHOWSKI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RYAN ZERWER

    PRESIDENT & CEO

    Total calculated
    $253,711
    From this org
    $226,136
    From related orgs
    $0
    Other
    $27,575
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $226,136
    Bonus
    $0
    Other
    $0
    Deferred
    $13,533
    Nontaxable benefits
    $14,042
    Filer's total
    $253,711

  • ROBERT BEACH

    DIRECTOR OF CAPITAL STRATEGY

    Total calculated
    $172,485
    From this org
    $162,730
    From related orgs
    $0
    Other
    $9,755
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $143,644
    Bonus
    $19,086
    Other
    $0
    Deferred
    $9,755
    Nontaxable benefits
    $0
    Filer's total
    $172,485

  • REBECCA BAINS

    DIRECTOR OF FINANCE & COMPLIANCE (THRU OCT)

    Total calculated
    $122,582
    From this org
    $109,794
    From related orgs
    $0
    Other
    $12,788
    Hours/week
    40

  • FAUSTO RIVERA

    COMMUNITY LENDER

    Total calculated
    $160,062
    From this org
    $112,352
    From related orgs
    $0
    Other
    $47,710
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $99,758
    Bonus
    $12,594
    Other
    $0
    Deferred
    $16,546
    Nontaxable benefits
    $31,164
    Filer's total
    $160,062

  • SHARRON SMITH

    COMMUNITY LENDER

    Total calculated
    $119,406
    From this org
    $100,024
    From related orgs
    $0
    Other
    $19,382
    Hours/week
    40

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 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee

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

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.

  • FCI COMMUNITY IMPACT LLC

    HOLD TITLE TO PROPERTY · WI · income $0 · assets $0

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • HISPANIC COLLABORATIVE EMERGING DEVELOPER FUND LLC

    FINANCE EMERGING LATINO DEVELOPERS · WI · income $24,021 · assets $1,016,589

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • FCI EMERGING DEVELOPER FUND LLC

    FINANCE EMERGING DEVELOPERS · WI · income $0 · assets $0

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 2 LLC

    LENDING · WI · income $0 · assets $0

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 1 LLC

    LENDING · WI · income $0 · assets $0

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 3 LLC

    LENDING · WI · income $1 · assets $0

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 4 LLC

    LENDING · WI · income $0 · assets $0

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 5 LLC

    LENDING · WI · income $0 · assets $0

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 6 LLC

    LENDING · WI · income $0 · assets $0

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

Related partnerships

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

  • CENTURY AVE INVESTOR LLC

    RELATED · AFFORDABLE HOUSING · WI · 99.99% owned · share of income $20,323 · share of assets $570,323

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 10 LLC

    RELATED · LENDING · WI · 0.01% owned · share of income $2 · share of assets $493 · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 11 LLC

    RELATED · LENDING · WI · 0.01% owned · share of income $3 · share of assets $788 · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 13 LLC

    RELATED · LENDING · WI · 0.01% owned · share of income $14 · share of assets $492 · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 14 LLC

    RELATED · LENDING · WI · 0.01% owned · share of income $1 · share of assets $492 · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 15 LLC

    RELATED · LENDING · WI · 0.01% owned · share of income $3 · share of assets $692 · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 16 LLC

    RELATED · LENDING · WI · 0.01% owned · share of income $9 · share of assets $296 · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 17 LLC

    RELATED · LENDING · WI · 0.01% owned · share of income $3 · share of assets $644 · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 18 LLC

    RELATED · LENDING · WI · 0.01% owned · share of income $4 · share of assets $841 · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 19 LLC

    RELATED · LENDING · WI · 0.01% owned · share of income $3 · share of assets $696 · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 20 LLC

    RELATED · LENDING · WI · 0.01% owned · share of income $2 · share of assets $547 · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 21 LLC

    RELATED · LENDING · WI · 0.01% owned · share of assets $448 · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 22 LLC

    RELATED · LENDING · WI · 0.01% owned · share of income $5 · share of assets $696 · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 23 LLC

    RELATED · LENDING · WI · 0.01% owned · share of income $2 · share of assets $598 · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 24 LLC

    RELATED · LENDING · WI · 0.01% owned · share of assets $1,098 · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 25 LLC

    RELATED · LENDING · WI · 0.01% owned · share of income $7 · share of assets $399 · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 26 LLC

    RELATED · LENDING · WI · 0.01% owned · share of assets $1,209 · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 27 LLC

    RELATED · LENDING · WI · 0.01% owned · share of assets $800 · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 28 LLC

    RELATED · LENDING · WI · 99.99% owned · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 29 LLC

    RELATED · LENDING · WI · 99.99% owned · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 30 LLC

    RELATED · LENDING · WI · 99.99% owned · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 31 LLC

    RELATED · LENDING · WI · 99.99% owned · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 32 LLC

    RELATED · LENDING · WI · 99.99% owned · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 33 LLC

    RELATED · LENDING · WI · 99.99% owned · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 34 LLC

    RELATED · LENDING · WI · 99.99% owned · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 35 LLC

    RELATED · LENDING · WI · 99.99% owned · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 36 LLC

    RELATED · LENDING · WI · 99.99% owned · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 37 LLC

    RELATED · LENDING · WI · 99.99% owned · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 38 LLC

    RELATED · LENDING · WI · 99.99% owned · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 39 LLC

    RELATED · LENDING · WI · 99.99% owned · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • LPJD PROPERTIES LLC

    RELATED · LENDING · WI · 15% owned · share of income -$4,503 · share of assets $274,199 · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 7 LLC

    RELATED · LENDING · WI · 0.01% owned · share of income $1 · share of assets $767 · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • COMMUNITY BENEFIT SUB CDE 9 LLC

    RELATED · LENDING · WI · 0.01% owned · share of income $2 · share of assets $637 · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

  • RUFUS KING COMMUNITY DEVELOPMENT LLC

    RELATED · LENDING · WI · 15% owned · general or managing partner

    Directly controlled by FORWARD COMMUNITY INVESTMENTS INC

Provenance

Return type
form_990
Tax year
2023
Filed
31 July 2024
IRS schema version
2023v5.1
Source object
202412289349303666

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