Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $260,887

• 1d · Related organizations

  $1,716,489

• 1e · Government grants (contributions)

  $2,040,353

• 1f · All other contributions, gifts and grants

  $30,952,720

• 2a · Program service revenue: CONFERENCES

  total $5,328,175 · related or exempt $5,328,175

• 2b · Program service revenue: SERVICE FEES

  total $445,235 · related or exempt $445,235

• 3 · Investment income

  total $605,834 · excluded $605,834

• 6a · Gross rents

  real property $9,495,800

• 6b · Less rental expenses

  real property $10,863,287

• 6c · Rental income or loss

  real property -$1,367,487

• 6d · Net rental income or loss

  total -$1,367,487 · unrelated business -$155,989 · excluded -$1,211,498

• 7a · Gross sales of assets other than inventory

  securities $2,958,061

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

  securities $2,948,883

• 7c · Gain or loss

  securities $9,178

• 7d · Net gain or loss

  total $9,178 · excluded $9,178

• 11a · Other revenue: SETTLEMENTS

  total $46,754 · excluded $46,754

• 11b · Other revenue: HONORARIUM

  total $7,650 · excluded $7,650

• 11e · Other revenue, total

  $54,404

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $4,104,202 · program services $4,104,202

• 2 · Grants to domestic individuals

  total $10,000 · program services $10,000

• 5 · Compensation of officers, directors and key employees

  total $1,683,470 · program services $1,065,617 · management and general $584,622 · fundraising $33,231

• 7 · Other salaries and wages

  total $5,273,213 · program services $3,025,701 · management and general $1,944,370 · fundraising $303,142

• 8 · Pension plan contributions

  total $335,689 · program services $220,794 · management and general $93,698 · fundraising $21,197

• 9 · Other employee benefits

  total $662,476 · program services $332,708 · management and general $270,013 · fundraising $59,755

• 10 · Payroll taxes

  total $489,831 · program services $300,048 · management and general $164,311 · fundraising $25,472

• 11b · Fees: legal

  total $6,097,596 · program services $5,807,305 · management and general $287,976 · fundraising $2,315

• 11c · Fees: accounting

  total $224,253 · program services $195 · management and general $224,046 · fundraising $12

• 11g · Fees: other

  total $2,024,078 · program services $1,015,459 · management and general $985,265 · fundraising $23,354

• 12 · Advertising and promotion

  total $40,994 · program services $28,598 · management and general $12,174 · fundraising $222

• 13 · Office expenses

  total $790,579 · program services $374,511 · management and general $409,524 · fundraising $6,544

• 17 · Travel

  total $416,719 · program services $181,802 · management and general $223,522 · fundraising $11,395

• 19 · Conferences, conventions and meetings

  total $1,162,145 · program services $1,045,339 · management and general $109,493 · fundraising $7,313

• 20 · Interest

  total $44,455 · management and general $44,455

• 22 · Depreciation, depletion and amortization

  total $29,345 · management and general $29,345

• 23 · Insurance

  total $74,685 · management and general $74,685

• 24a · Other expenses: TAXES

  total $37,464 · management and general $37,464

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,855,838 · end of year $3,713,879

• 3 · Pledges and grants receivable

  beginning of year $5,612,276 · end of year $4,452,193

• 9 · Prepaid expenses and deferred charges

  beginning of year $156,273 · end of year $231,166

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

  $104,149,619

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

  $25,204,682

• 10c · Land, buildings and equipment, net

  beginning of year $81,288,656 · end of year $78,944,937

• 11 · Investments: publicly traded securities

  beginning of year $2,838,332 · end of year $20,037,942

• 15 · Other assets

  beginning of year $15,321,103 · end of year $14,157,851

• 17 · Accounts payable and accrued expenses

  beginning of year $3,927,717 · end of year $3,110,528

• 19 · Deferred revenue

  beginning of year $1,097,759 · end of year $1,567,988

• 23 · Secured mortgages and notes payable

  beginning of year $98,578,756 · end of year $96,685,594

• 24 · Unsecured notes and loans payable

  beginning of year $1,029,338

• 25 · Other liabilities

  beginning of year $484,171 · end of year $377,887

• 27 · Net assets without donor restrictions

  beginning of year -$4,046,309 · end of year $3,242,046

• 28 · Net assets with donor restrictions

  beginning of year $8,001,046 · end of year $16,553,925

The filer's explanations (Part III)

PART I, LINE 4B

NAME: JESSE VAN TOL, DESCRIPTION: 457 PLAN, CURRENT YEAR AMOUNT: $22,958. PLAN DESCRIPTION: NONQUALIFIED SECTION 457(B) DEFERRED COMP PLAN

Disregarded entities

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

• NCRC 740 LLC

  RENTAL COMMERCIAL OFFICE BUILDING · DE · income $9,612,521 · assets $88,294,789

  Directly controlled by NATIONAL COMMUNITY REINVESTMENT COALITION INC

Related corporations and trusts

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

• NCRC EQUIVICO CORP

  C · HOLDING COMPANY · DC · 100% owned · share of income $100 · controlled entity

  Directly controlled by NCRC