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Nonprofiteer
← RAZA DEVELOPMENT FUND INC

Form 990 for tax year 2023

Filed by RAZA DEVELOPMENT FUND INC.

Totals

Total revenue
$25,660,512
Total expenses
$23,615,314
Contributions and grants received
$1,127,500
Grants paid
$1,210,000
Program service revenue
$20,997,840
Investment income
$3,192,211
Other revenue
$342,961
Total assets, end of year
$363,067,878
Total liabilities, end of year
$250,802,543
Net assets or fund balances, end of year
$112,265,335
Program services expenses (Part IX)
$19,771,561
Management and general expenses
$3,723,005
Fundraising expenses
$120,748
Program service expenses (Part III)
$19,771,561

Program services were 83.7% 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)

    $300,000

  • 1f · All other contributions, gifts and grants

    $827,500

  • 2a · Program service revenue: LOAN INTEREST INCOME

    total $15,878,448 · related or exempt $15,878,448

  • 2b · Program service revenue: NMTC/LOAN FEES

    total $4,346,205 · related or exempt $4,346,205

  • 2c · Program service revenue: ORIGINATION FEES

    total $773,187 · related or exempt $773,187

  • 3 · Investment income

    total $3,192,211 · excluded $3,192,211

  • 11a · Other revenue: OTHER INCOME

    total $289,811 · excluded $289,811

  • 11b · Other revenue: OTHER INCOME-ASP

    total $53,150 · excluded $53,150

  • 11e · Other revenue, total

    $342,961

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,210,000 · program services $1,210,000

  • 5 · Compensation of officers, directors and key employees

    total $2,184,475 · program services $1,426,226 · management and general $745,830 · fundraising $12,419

  • 7 · Other salaries and wages

    total $3,302,432 · program services $2,149,374 · management and general $1,133,976 · fundraising $19,082

  • 8 · Pension plan contributions

    total $228,398 · program services $151,567 · management and general $75,644 · fundraising $1,187

  • 9 · Other employee benefits

    total $1,083,435 · program services $718,978 · management and general $358,828 · fundraising $5,629

  • 10 · Payroll taxes

    total $368,751 · program services $244,707 · management and general $122,128 · fundraising $1,916

  • 11b · Fees: legal

    total $903,323 · program services $792,482 · management and general $94,735 · fundraising $16,106

  • 11c · Fees: accounting

    total $187,780 · management and general $187,780

  • 11g · Fees: other

    total $2,093,800 · program services $1,995,220 · management and general $96,528 · fundraising $2,052

  • 12 · Advertising and promotion

    total $254,052 · program services $50,000 · management and general $204,052

  • 13 · Office expenses

    total $117,107 · program services $83,809 · management and general $26,978 · fundraising $6,320

  • 14 · Information technology

    total $72,097 · program services $41,323 · management and general $27,985 · fundraising $2,789

  • 16 · Occupancy

    total $86,447 · program services $53,576 · management and general $28,540 · fundraising $4,331

  • 17 · Travel

    total $850,976 · program services $399,132 · management and general $421,676 · fundraising $30,168

  • 19 · Conferences, conventions and meetings

    total $24,635 · program services $13,297 · management and general $11,075 · fundraising $263

  • 20 · Interest

    total $7,707,789 · program services $7,707,789

  • 22 · Depreciation, depletion and amortization

    total $117,599 · program services $117,599

  • 23 · Insurance

    total $127,314 · program services $93,013 · management and general $28,100 · fundraising $6,201

  • 24a · Other expenses: PROVISION FOR LOAN LOSS

    total $1,157,169 · program services $1,157,169

  • 24b · Other expenses: OREO EXPENSES

    total $1,149,216 · program services $1,149,216

  • 24c · Other expenses: SERVICE CHARGES

    total $194,619 · program services $155,787 · management and general $38,203 · fundraising $629

  • 24d · Other expenses: MEMBERSHIPS & SUBSCRIPT

    total $158,500 · program services $60,838 · management and general $86,006 · fundraising $11,656

  • 24e · All other expenses

    total $35,400 · program services $459 · management and general $34,941

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $21,033,327 · end of year $20,247,473

  • 2 · Savings and temporary cash investments

    beginning of year $37,687,621 · end of year $43,427,174

  • 3 · Pledges and grants receivable

    beginning of year $9,085,498 · end of year $8,485,821

  • 7 · Other notes and loans receivable

    beginning of year $239,211,625 · end of year $270,551,753

  • 9 · Prepaid expenses and deferred charges

    beginning of year $102,277 · end of year $656,710

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

    $2,586,128

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

    $320,969

  • 10c · Land, buildings and equipment, net

    beginning of year $2,338,106 · end of year $2,265,159

  • 11 · Investments: publicly traded securities

    beginning of year $20,534,364 · end of year $13,207,747

  • 12 · Investments: other securities

    beginning of year $1,383,032 · end of year $1,423,841

  • 15 · Other assets

    beginning of year $3,851,279 · end of year $2,802,200

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,091,132 · end of year $4,157,175

  • 19 · Deferred revenue

    end of year $9,000,000

  • 23 · Secured mortgages and notes payable

    beginning of year $66,253,600 · end of year $66,137,437

  • 24 · Unsecured notes and loans payable

    beginning of year $157,521,876 · end of year $170,963,902

  • 25 · Other liabilities

    beginning of year $528,580 · end of year $544,029

  • 27 · Net assets without donor restrictions

    beginning of year $55,265,222 · end of year $74,459,572

  • 28 · Net assets with donor restrictions

    beginning of year $52,566,719 · end of year $37,805,763

Mission and programs · 2023

Mission

RDF IS UNLOCKING LASTING PROSPERITY IN COMMUNITIES ACROSS AMERICA.

Activities or mission (Part I)

RDF IS A MISSION DRIVEN COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) DEDICATED TO UNLOCKING LASTING PROSPERITY IN COMMUNITIES ACROSS AMERICA. SINCE ITS FOUNDING IN 1999, RDF HAS PROVIDED RESPONSIBLE, ATTAINABLE FINANCIAL SOLUTIONS TO COMMUNITY-BASED ORGANIZATIONS WORKING IN HEALTH, EDUCATION, AFFORDABLE HOUSING, HOMEOWNERSHIP, ENTREPRENEURSHIP, AND COMMUNITY RESILIENCE. RDF IS ONE OF THE FEW CDFIS TO HOLD A PRESTIGIOUS AA- RATING FROM S&P, A REFLECTION OF ITS EXCEPTIONAL FINANCIAL STRENGTH AND IMPACT. TO DATE, RDF HAS INVESTED MORE THAN $1.6 BILLION ACROSS 38 STATES, LEVERAGING OVER $7 BILLION IN ADDITIONAL CAPITAL.

  • LOAN FUND PROGRAMS: LENDING PROGRAMS TO ASSIST LOW INCOME COMMUNITIES BY INCREASING ACCESS TO CAPITAL. LOANS APPROVED 36.

    Expenses $19,771,561 · Grants $1,210,000 · Revenue $20,997,840

As filed on the 2023 return.

Listed in Part VII

  • MARY ANN DONOVAN

    PRESIDENT & CEO

    Total calculated
    $580,725
    From this org
    $526,911
    From related orgs
    $0
    Other
    $53,814
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $434,775
    Bonus
    $90,764
    Other
    $1,372
    Deferred
    $20,713
    Nontaxable benefits
    $33,101
    Filer's total
    $580,725

  • DANIEL ORTEGA

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • BRENDA LOYA

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • KENNETH I TRUJILLO

    SECRETARY (BEG 5/17/24)

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • JOSEPH F REILLY

    SECRETARY (THRU 5/16/24)

    Total calculated
    $0
    Hours/week
    1

  • AARON DOMINGUEZ

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DONNA GAMBRELL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LUIS GRANADOS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • MARIA S SALINAS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • J REYMUNDO OCANAS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JANET MURGUIA

    BOARD MEMBER

    Total calculated
    $737,689
    From this org
    $0
    From related orgs
    $676,570
    Other
    $61,119
    Hours/week
    1 + 41 related

    Schedule J breakdown matched by us

    Base
    $0 + $587,167 related
    Bonus
    $0 + $70,955 related
    Other
    $0 + $18,448 related
    Deferred
    $0 + $45,600 related
    Nontaxable benefits
    $0 + $15,519 related
    Filer's total
    $0 + $737,689 related

  • ANTONIO LOPEZ

    CHIEF FINANCIAL OFFICER

    Total calculated
    $279,238
    From this org
    $227,229
    From related orgs
    $0
    Other
    $52,009
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $201,927
    Bonus
    $24,750
    Other
    $552
    Deferred
    $18,274
    Nontaxable benefits
    $33,735
    Filer's total
    $279,238

  • MELISSA MCDONALD

    CHIEF PEOPLE & OPERATIONS OFFICER

    Total calculated
    $374,447
    From this org
    $327,428
    From related orgs
    $0
    Other
    $47,019
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $291,596
    Bonus
    $34,800
    Other
    $1,032
    Deferred
    $26,180
    Nontaxable benefits
    $20,839
    Filer's total
    $374,447

  • DAVID CLOWER

    EVP STRATEGIC INVEST (THRU 2/15/24)

    Total calculated
    $377,367
    From this org
    $318,489
    From related orgs
    $0
    Other
    $58,878
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $289,137
    Bonus
    $28,800
    Other
    $552
    Deferred
    $25,539
    Nontaxable benefits
    $33,339
    Filer's total
    $377,367

  • SCOTT RICHTER

    CHIEF CREDIT OFFICER

    Total calculated
    $251,691
    From this org
    $213,974
    From related orgs
    $0
    Other
    $37,717
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $194,209
    Bonus
    $19,158
    Other
    $607
    Deferred
    $17,129
    Nontaxable benefits
    $20,588
    Filer's total
    $251,691

  • ADRIAN RUIZ

    CHIEF INVESTMENT OFFICER

    Total calculated
    $279,118
    From this org
    $227,493
    From related orgs
    $0
    Other
    $51,625
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $200,277
    Bonus
    $27,000
    Other
    $216
    Deferred
    $18,286
    Nontaxable benefits
    $33,339
    Filer's total
    $279,118

  • ERIK HARTMAN

    CHIEF IT OFFICER (BEG 5/13/24)

    Total calculated
    $0
    Hours/week
    40

  • JUAN MADRID

    DEPUTY CFO & CONTROLLER

    Total calculated
    $260,474
    From this org
    $210,291
    From related orgs
    $0
    Other
    $50,183
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $189,431
    Bonus
    $20,500
    Other
    $360
    Deferred
    $16,898
    Nontaxable benefits
    $33,285
    Filer's total
    $260,474

  • PEDRO CHAVES

    DEPUTY CHIEF CREDIT OFFICER

    Total calculated
    $199,105
    From this org
    $164,998
    From related orgs
    $0
    Other
    $34,107
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,961
    Bonus
    $18,746
    Other
    $291
    Deferred
    $13,273
    Nontaxable benefits
    $20,834
    Filer's total
    $199,105

  • AMANDA SANCHEZ

    VP OF EDUCATION

    Total calculated
    $230,894
    From this org
    $182,957
    From related orgs
    $0
    Other
    $47,937
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $163,181
    Bonus
    $19,560
    Other
    $216
    Deferred
    $14,723
    Nontaxable benefits
    $33,214
    Filer's total
    $230,894

  • CATHERINE KES

    SR DIRECTOR OF SPECIALTY FINANCE

    Total calculated
    $184,045
    From this org
    $150,413
    From related orgs
    $0
    Other
    $33,632
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $130,573
    Bonus
    $18,256
    Other
    $1,584
    Deferred
    $12,055
    Nontaxable benefits
    $21,577
    Filer's total
    $184,045

  • SIMA THAKKAR

    SVP COMMUNITY INNOVATIONS

    Total calculated
    $173,199
    From this org
    $150,021
    From related orgs
    $0
    Other
    $23,178
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $131,064
    Bonus
    $18,600
    Other
    $357
    Deferred
    $12,017
    Nontaxable benefits
    $11,161
    Filer's total
    $173,199

  • RODRIGO VELA

    FORMER CFO (THRU 6/30/23)

    Total calculated
    $438,797
    From this org
    $381,866
    From related orgs
    $0
    Other
    $56,931
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $296,527
    Bonus
    $0
    Other
    $85,339
    Deferred
    $23,778
    Nontaxable benefits
    $33,153
    Filer's total
    $438,797

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
  • 4a · Severance or change-of-control payment
  • 7 · Other non-fixed payments

Answered no

  • 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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4A
THE FOLLOWNG SEVERANCE AMOUNT HAS BEEN INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III), OTHER REPORTABLE COMPENSATION: RODRIGO VELA - $85,000
PART I, LINE 7
BONUSES ARE DETERMINED FROM A POOL BASED ON A PERCENTAGE OF BUDGETED ANNUAL SALARIES, ESTABLISHED AT THE FISCAL YEAR'S START. IF RDF ENDS THE FISCAL YEAR WITH POSITIVE NET ASSETS, MANAGERS RECOMMEND BONUSES TO THE PRESIDENT AND CEO, AND THE CHIEF PEOPLE & OPERATIONS OFFICER. RECOMMENDATIONS ARE BASED ON EMPLOYEES' ACHIEVEMENT OF INDIVIDUAL GOALS THAT SUPPORT TEAM AND ANNUAL OPERATING GOALS, INCLUDING PRODUCTION, FINANCIAL, TALENT & CULTURE, INNOVATION, FUNDRAISING, AND OPERATIONS. EMPLOYEES MEETING 85-100% OF THEIR GOALS ARE ELIGIBLE FOR THE AGGREGATE BONUS PERCENTAGE, WHILE THOSE EXCEEDING THEIR GOALS MAY RECEIVE A HIGHER AMOUNT.

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

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.

  • UNIDOSUS

    501(C)(3) · WORKS TO IMPROVE OPPORTUNITIES FOR HISPANIC AMERICANS · AZ

  • UNIDOS INVESTMENT FUND INC

    501(C)(3) · SUPPORT THE CHARITABLE AND EDUCATIONAL ACTIVITIES OF UNIDOSUS · DE

    Directly controlled by UNIDOSUS

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.

  • RAZA COMMUNITY VENTURES LLC (RCV)

    WHOLLY OWNED SUBSIDIARY THAT OWNS RDF'S HEADQUARTERS BUILDING · AZ · income $0 · assets $2,031,450

    Directly controlled by RAZA DEVELOPMENT FUND INC

  • RDF FUND MANAGER LLC (RDFFM)

    MANAGE BUSINESS AND CARRY-OUT THE PURPOSE OF THE INVESTMENT FUND · AZ · income $0 · assets $0

    Directly controlled by RAZA DEVELOPMENT FUND INC

Related partnerships

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

  • PARTNERSHIPS OF HOPE XII LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · share of income $12 · share of assets $9,390 · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE XIII LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · share of income $3 · share of assets $3,648 · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE XIV LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · share of income $3 · share of assets $786 · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE XVI LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · share of income $69 · share of assets $1,472 · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE XVII LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE XVIII LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE XIX LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · share of income $4 · share of assets $689 · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE XX LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE XXI LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE XXII LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · share of income $12 · share of assets $639 · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE XV LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE XXIII LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · share of income $2 · share of assets $5,853 · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE XXIV LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE XXV LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · share of income $4 · share of assets $2,816 · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE XXVI LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · share of income $2 · share of assets $689 · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE XXVIII LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · share of income $3 · share of assets $13,460 · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE XXX LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · share of income $5 · share of assets $1,087 · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE XXVII LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · share of income $14 · share of assets $7,253 · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE XXIX LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · share of income $2 · share of assets $838 · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE 31 LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · share of income $3 · share of assets $778 · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE 32 LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · share of income $2 · share of assets $492 · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE 33 LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · share of income $3 · share of assets $3,422 · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE 34 LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · share of income $6 · share of assets $1,988 · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE 35 LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · share of income $12 · share of assets $23,544 · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE 36 LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · share of income $8 · share of assets $896 · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE 37 LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · share of income $7 · share of assets $1,451 · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE 38 LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · share of income $3 · share of assets $3,282 · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE 39 LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · share of income $3 · share of assets $1,929 · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE 40 LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · share of income $4 · share of assets $1,597 · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE 41 LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · share of income $2 · share of assets $1,198 · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE 42 LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · share of income $1 · share of assets $1,000 · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE 43 LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE 44 LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE 45 LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

  • PARTNERSHIPS OF HOPE 47 LLC

    RELATED · COMMUNITY DEVELOPMENT · MO · 0.01% owned · general or managing partner

    Directly controlled by RAZA DEVELOPMENT FUND

Provenance

Return type
form_990
Tax year
2023
Filed
13 August 2025
IRS schema version
2023v6.0
Source object
202502269349301870

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