Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $589,496

• 1f · All other contributions, gifts and grants

  $3,125,000

• 2a · Program service revenue: LOAN INTEREST

  total $4,401,876 · related or exempt $4,401,876

• 2b · Program service revenue: LOAN FEES

  total $550,909 · related or exempt $550,909

• 2c · Program service revenue: LOAN SERVICE FEE

  total $6,236 · related or exempt $6,236

• 3 · Investment income

  total $33,856 · excluded $33,856

• 11a · Other revenue: RECOVERY OF LOAN LOSS

  total $150,134 · related or exempt $150,134

• 11e · Other revenue, total

  $150,134

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,067,372 · program services $779,615 · management and general $185,146 · fundraising $102,611

• 7 · Other salaries and wages

  total $1,249,908 · program services $912,941 · management and general $216,809 · fundraising $120,158

• 8 · Pension plan contributions

  total $70,425 · program services $51,439 · management and general $12,216 · fundraising $6,770

• 9 · Other employee benefits

  total $150,371 · program services $109,832 · management and general $26,083 · fundraising $14,456

• 10 · Payroll taxes

  total $156,092 · program services $114,011 · management and general $27,076 · fundraising $15,005

• 11b · Fees: legal

  total $16,281 · program services $11,850 · management and general $1,956 · fundraising $2,475

• 11c · Fees: accounting

  total $66,548 · program services $48,438 · management and general $7,994 · fundraising $10,116

• 11f · Fees: investment management

  total $54,105 · program services $39,381 · management and general $6,499 · fundraising $8,225

• 11g · Fees: other

  total $186,780 · program services $135,951 · management and general $22,435 · fundraising $28,394

• 12 · Advertising and promotion

  total $58,962 · program services $53,066 · fundraising $5,896

• 13 · Office expenses

  total $54,219 · program services $46,990 · management and general $4,928 · fundraising $2,301

• 16 · Occupancy

  total $146,125 · program services $116,900 · management and general $21,919 · fundraising $7,306

• 17 · Travel

  total $86,855 · program services $73,827 · management and general $4,343 · fundraising $8,685

• 19 · Conferences, conventions and meetings

  total $30,960 · program services $26,316 · management and general $4,644

• 20 · Interest

  total $1,275,697 · program services $1,275,697

• 22 · Depreciation, depletion and amortization

  total $40,686 · program services $30,515 · management and general $8,137 · fundraising $2,034

• 23 · Insurance

  total $37,361 · program services $31,757 · management and general $3,736 · fundraising $1,868

• 24a · Other expenses: REPAIRS AND MAINTENANCE

  total $173,869 · program services $156,482 · management and general $15,648 · fundraising $1,739

• 24b · Other expenses: DUES

  total $15,110 · program services $13,599 · management and general $1,511 · fundraising $0

• 24c · Other expenses: STAFF DEVELOPMENT

  total $8,041 · program services $6,835 · management and general $804 · fundraising $402

• 24d · Other expenses: SERVICE FEE EXPENSE

  total $3,831 · program services $3,831 · management and general $0 · fundraising $0

• 24e · All other expenses

  total $41,463 · program services $35,244 · management and general $6,219

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,506,759 · end of year $3,808,198

• 2 · Savings and temporary cash investments

  beginning of year $5,800,940 · end of year $9,053,607

• 4 · Accounts receivable

  beginning of year $19,606 · end of year $75,246

• 9 · Prepaid expenses and deferred charges

  beginning of year $56,944 · end of year $80,327

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

  $231,243

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

  $183,522

• 10c · Land, buildings and equipment, net

  beginning of year $73,626 · end of year $47,721

• 11 · Investments: publicly traded securities

  beginning of year $528,356 · end of year $529,544

• 13 · Investments: program-related

  beginning of year $96,575,770 · end of year $93,841,311

• 14 · Intangible assets

  end of year $561,499

• 15 · Other assets

  beginning of year $242,352 · end of year $233,112

• 17 · Accounts payable and accrued expenses

  beginning of year $471,566 · end of year $1,059,247

• 21 · Escrow or custodial account liability

  beginning of year $110,783 · end of year $2,566,402

• 24 · Unsecured notes and loans payable

  beginning of year $54,822,896 · end of year $49,339,362

• 27 · Net assets without donor restrictions

  beginning of year $25,033,425 · end of year $28,899,871

• 28 · Net assets with donor restrictions

  beginning of year $26,365,683 · end of year $26,365,683

The filer's explanations (Part III)

PART I, LINE 7

PERSONS LISTED RECEIVED ANNUAL PERFORMANCE REVIEW BONUSES BASED ON INDIVIDUAL GOAL ACHIEVEMENT.

Disregarded entities

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

• NC PL LLC

  MD · income $0 · assets $0

  Directly controlled by NEIGHBORWORKS CAPITAL CORP