2024-02-27T06:49:26-06:00 2023-06-30 351178661 BLUE & CO LLC 813 WEST SECOND STREET SEYMOUR IN 47274 990 2022-07-01 273989674 COMMUNITY INVESTMENT FUND OF INDIANA COMM 3172347573 4181 E 96TH STREET SUITE 200 INDIANAPOLIS IN 46240 MATTHEW B MURPHY BOARD PRESIDENT 3172347573 2024-02-12 1 MATTHEW MURPHY 999009999 0 KANDY L WISCHMEIER CPA P00118327 8125228416 2024-02-12 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MATTHEW B MURPHY 4181 E 96TH STREET SUITE 200 INDIANAPOLIS IN 46240 363851 0 X WWW.CAPITALIZINGINDIANA.ORG X 2010 IN THE COMMUNITY INVESTMENT FUND OF INDIANA FINANCES PROJECTS TO BUILD VIBRANT COMMUNITIES AND RESILIENT FAMILIES. WE PROVIDE CAPITAL, MAKE CONNECTIONS TO THE SAME, AND FACILITATE ACCESS TO PROGRAM SERVICES FOR TRANSFORMATIVE COMMUNITY REINVESTMENT. 10 10 3 13 0 0 2028677 16084 250803 273597 16218 74170 0 0 2295698 363851 345000 0 0 0 186476 234083 0 0 0 504840 572955 1036316 807038 1259382 -443187 5335616 5078746 1561821 1748138 3773795 3330608 THE COMMUNITY INVESTMENT FUND OF INDIANA FINANCES PROJECTS TO BUILD VIBRANT COMMUNITIES AND RESILIENT FAMILIES. WE PROVIDE CAPITAL, MAKE CONNECTIONS TO THE SAME, AND FACILITATE ACCESS TO PROGRAM SERVICES FOR TRANSFORMATIVE COMMUNITY REINVESTMENT. 0 0 508465 0 273597 COMMUNITY INVESTMENT FUND OF INDIANA IS A MISSION DRIVEN STATE-WIDE ORGANIZATION CERTIFIED BY THE U.S. DEPARTMENT OF TREASURY'S COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION FUND. CIFI PROVIDES LOANS AND DEVELOPMENT SERVICES TO LOW INCOME INDIVIDUALS AND ORGANIZATIONS WHO LACK ADEQUATE ACCESS TO CAPITAL. THE ORGANIZATION WORKS WITH NEW CUSTOMERS AS WELL AS AN EXISTING PORTFOLIO OF CUSTOMERS WHO HAVE LOANS AND NEED BUSINESS TECHNICAL ASSISTANCE. CIFI TRACKS CUSTOMERS AND MEASURES ECONOMIC IMPACT IN UNDERSERVED MARKETS. AT THE END OF THE FISCAL YEAR ITS ACTIVE PORTFOLIO IS $3,459,475. 508465 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IN X THE ORGANIZATION 3172347573 4181 E 96TH STREET SUITE 200 INDIANAPOLIS IN 46240 FRANK FOSTER DIRECTOR 5.00 X 0 0 0 CAROL GASSEN DIRECTOR 5.00 X 0 0 0 DARNELL JACKSON DIRECTOR 5.00 X 0 0 0 CARRIE KOSAC DIRECTOR 5.00 X 0 0 0 SHARRON LIGGINS DIRECTOR 5.00 X 0 0 0 J JACOB SIPE DIRECTOR 5.00 X 0 0 0 SCHIELA PENA DIRECTOR 5.00 X 0 0 0 MATTHEW B MURPHY BOARD PRESIDENT 10.00 X X 0 0 0 CHARLES KENNEDY PAST BOARD PRESIDENT 5.00 X X 0 0 0 KRISTIN PRUITT BOARD SECRETARY 10.00 X X 0 0 0 TODD FLICK BOARD TREASURER 10.00 X X 0 0 0 PHILLIP BLACK EXECUTIVE DIRECTOR 45.00 X 85000 0 8812 85000 0 8812 0 0 0 0 CAMBRIDGE CAPITAL MANAGEMENT CORP 4181 E 96TH STREET SUITE 200 INDIANAPOLIS IN 46240 MANAGEMENT SERVICES 226779 1 16084 16084 INTEREST INCOME 900099 245024 245024 CLOSING COST INCOME 900099 15800 15800 TRANSACTION FEES INCOM 900099 10100 10100 LATE PAYMENT FEE INCOM 900099 1923 1923 APPLICATION FEES 900099 750 750 273597 74170 74170 363851 273597 0 74170 93582 62700 30882 107252 71859 35393 16374 10971 5403 16875 11306 5569 226779 90712 136067 10629 4252 6377 21920 8768 13152 22414 8966 13448 27195 10878 16317 435 216 219 5677 2271 3406 4200 4200 18402 9201 9201 10473 5236 5237 27052 27052 1017 1017 5758 5758 PROVISION FOR LOAN LOSS 180600 180600 REGISTRATIONS AND FEES 8693 3477 5216 MISCELLANEOUS EXPENSE 1191 1191 BANK FEES 520 520 807038 508465 298573 0 2550778 2118704 628000 13000 2118922 2913931 12709 6123 6810 5379 2448 1431 22759 25557 5335616 5078746 11821 4842 1550000 1743296 1561821 1748138 X 1710178 2028173 2063617 1302435 3773795 3330608 5335616 5078746 -443187 0 X X 0 1 X 1 0 X 35000 540033 695880 2028677 16084 3315674 35000 540033 695880 2028677 16084 3315674 3315674 19123 11763 7378 16218 74170 128652 3444326 1036444 0.96260 0.98550 X SUPPLEMENTAL INFORMATION IHCDA (INDIANA HOUSING AND COMMUNITY DEVELOPMENT AUTHORITY) IS A KEY FUNDER AND CRITICALLY IMPORTANT PARTNER. IHCDA HAS PROVIDED MARKETING SERVICES, STRATEGIC GUIDANCE AND FUNDING FOR OPERATIONAL SUPPORT AND FUNDS TO INITIALLY CAPITALIZE A LOAN FUND AND LOAN LOSS RESERVES. CURRENTLY, THE BOARD OF DIRECTORS ELECTS AND APPROVES MEMBERS TO SERVE ON THE BOARD OF DIRECTORS. THE BOARD CURRENTLY INCLUDES AN INDIVIDUAL WHO IS DIRECTOR OF IHCDA. THE PERSON HAS ONE VOTE AND WAS SELECTED BASED ON EXPERTISE AND MARKETS SERVED AND DOES NOT REPRESENT IHCDA ON THE BOARD. 6810 5379 1431 1431 X 403856 40005 40005 363851 0 363851 847043 40005 40005 807038 0 807038 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE AND CORRESPONDING STATE LAW. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR FEDERAL OR STATE INCOME TAXES. MANAGEMENT OF THE ORGANIZATION EVALUATES ALL SIGNIFICANT INCOME TAX POSITIONS TO ENSURE COMPLIANCE WITH THE EXEMPT PURPOSE OF THE ORGANIZATION AS REQUIRED BY U.S. GAAP. AS OF JUNE 30, 2023, MANAGEMENT DOES NOT BELIEVE THE ORGANIZATION HAS TAKEN ANY INCOME TAX POSITIONS THAT ARE NOT IN COMPLIANCE WITH ITS EXEMPT PURPOSE. THE ORGANIZATION'S FEDERAL AND STATE INCOME TAX RETURNS REMAIN OPEN AND SUBJECT TO EXAMINATION BEGINNING WITH THE TAX YEAR ENDED JUNE 30, 2020. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEWS AND APPROVES FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANNUALLY ANY CONFLICTS THAT HAVE ARISEN. ANY MEMBER WITH A CONFLICT RELATED TO A DECISION BEFORE THE BOARD IS EXCLUDED FROM DISCUSSION AND VOTING ON THAT PARTICULAR ISSUE. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD MAINTAINS A WRITTEN POLICY FOR DETERMINING EXECUTIVE COMPENSATION WHICH INCLUDES REVIEW AND APPROVAL BY INDEPENDENT PERSONS, REVIEW OF COMPARABILITY DATA, AND ADDITIONAL RELEVANT INFORMATION. THE BOARD MAINTAINS CONTEMPORANEOUS SUBSTANTIATION OF THE DISCUSSION AND DECISION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ALL REQUIRED DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.