2024-08-14T14:43:30+00:00 2023-09-30 440160260 Forvis Mazars LLP 1401 50th Street Suite 350 West Des Moines IA 502665935 990 2022-10-01 833749919 One Economy Financial Development Corp ONEE 5155006080 PO BOX 270 DES MOINES IA 50318 Vince Lintz Executive Director 5154903166 2024-08-14 true true Kristin Tynon P01063388 5152230159 2022 2024-08-08 14:25:15Z VINCE LINTZ PO BOX 270 DES MOINES IA 50318 193219 false X OEFCD.ORG/ X 2019 IA CREATE A PATHWAY TO FINANCIAL STABILITY AND WEALTH AMONG LOW TO MODERATE INCOME INDIVIDUALS AND SMALL BUSINESSES WITH AN EMPHASIS ON THE BLACK COMMUNITY IN CENTRAL IOWA. 13 13 0 9 0 0 162384 172617 5689 7832 14913 0 170216 193219 250 1000 0 75350 152589 0 266 107364 125927 182964 279516 -12748 -86297 616098 665512 297643 433354 318455 232158 CREATE A PATHWAY TO FINANCIAL STABILITY AND WEALTH AMONG LOW TO MODERATE INCOME INDIVIDUALS AND SMALL BUSINESSES WITH AN EMPHASIS ON THE BLACK COMMUNITY IN CENTRAL IOWA. false false 248049 1000 5689 THE SOLIDARITY LOAN PROGRAM MAKES LOANS TO THOSE UNSERVED OR UNDERSERVED BY THE TRADITIONAL BANKING SYSTEM. DURING FISCAL YEAR SEPTEMBER 30, 2023, THE ORGANIZATION MADE 24 LOANS TOTALING $134,175 TO 18 DIFFERENT CLIENTS. 248049 true true false false false false false false false false false false true false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 2 0 true 0 false false false false false false false false false false false false X 13 13 false false false false false true false true true false false true true true true false false true false false IA X DAVID ATTAWAY 5155006080 1171 7TH STREET DES MOINES IA 50314 DAVID ATTAWAY BOARD TREASURER 10.0 0.0 X X 0 0 0 LU SPAINE BOARD VICE CHAIR 8.0 0.0 X X 0 0 0 MIKE TRAMONTINA BOARD SECRETARY 4.0 0.0 X X 0 0 0 TED WILLIAMS BOARD CHAIR 12.0 0.0 X X 0 0 0 AMELIA LOBO BOARD MEMBER 2.0 0.0 X 0 0 0 BOB RAFFERTY BOARD MEMBER END 9/23 2.0 0.0 X 0 0 0 COLIN PENNYCOOKE BOARD MEMBER 2.0 0.0 X 0 0 0 HEIDI MASON BOARD MEMBER 2.0 0.0 X 0 0 0 JOE BANTZ BOARD MEMBER 2.0 0.0 X 0 0 0 KUUKU SAAH BOARD MEMBER 2.0 0.0 X 0 0 0 TEREE CALDWELL-JOHNSON BOARD MEMBER 1.0 0.0 X 0 0 0 TESSIE JOHNSON BOARD MEMBER 1.0 0.0 X 0 0 0 VADA GRANTHAM BOARD MEMBER 6.0 0.0 X 0 0 0 VINCE C LINTZ EXECUTIVE DIRECTOR 40.0 0.0 X 82793 0 2868 82793 0 2868 0 false false false 0 23590 149027 172617 INTEREST INCOME FROM LOANS 900099 5689 5689 0 0 0 0 5689 14913 14913 0 0 0 0 0 0 0 0 0 193219 5689 0 14913 X 1000 1000 87923 87923 44875 44875 752 752 654 654 18385 18385 26633 26633 55926 55926 0 0 1200 1200 266 266 391 391 5947 5947 2233 2233 LOAN SERVICING FEES 12000 12000 21331 18996 2335 0 279516 248049 31201 266 7302 11014 116608 164329 18750 17438 7767 5222 0 0 0 0 42668 39032 0 0 1303 2007 0 0 0 0 0 0 0 0 0 0 421700 426470 616098 665512 58005 54653 0 0 139638 260585 0 0 0 0 0 0 100000 118116 0 0 0 0 297643 433354 X 262824 187165 55631 44993 318455 232158 616098 665512 -86297 0 X false true X true false X 422661 216263 172617 811541 0 0 0 0 422661 216263 172617 811541 202451 609090 1651 7832 14913 24396 0 0 0 0 0 0 0 835937 5689 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED BENEFICIAL INTEREST IN GREATER DES MOINES COMMUNITY FOUNDATION 408354 RIGHT OF USE ASSET 18116 426470 193219 0 0 193219 0 0 193219 279516 0 0 279516 0 0 279516 Schedule D, Part X, Line 2 UNCERTAIN TAX POSITIONS MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITION UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE DIRECTORS COUNCIL HAS THE AUTHORITY TO ELECT TWO DIRECTORS TO THE BOARD INTO TWO PERMANENT DESIGNATED SEATS. Form 990, Part VI, Line 11b Review of form 990 by governing body AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE FORM 990. THE FORM 990 IS THEN REVIEWED BY THE TREASURER OF THE BOARD. THE TREASURER REVIEWS THE FORM 990 WITH THE FULL BOARD. THE TREASURER IS AVAILABLE TO ANSWER ANY QUESTIONS OR PROVIDE CLARIFICATION. THE FINAL FORM 990, WITH ALL REQUIRED SCHEDULES, IS PROVIDED TO ALL VOTING MEMBERS OF THE BOARD PRIOR TO FILING THE 990. Form 990, Part VI, Line 12c Conflict of interest policy THE CONFLICT OF INTEREST POLICY IS MONITORED ONGOING THROUGH REGULAR FORMAL AND INFORMAL CONVERSATIONS WITH THE BOARD OF DIRECTORS. ANNUALLY MEMBERS ARE ASKED TO DISCLOSE ANY CONFLICTS. IF A CONFLICT EXISTS, THAT BOARD MEMBER IS TO REFRAIN FROM VOTING ON ISSUES RELATING TO THAT CONFLICT OF INTEREST. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE BOARD OF DIRECTORS ARE RESPONSIBLE FOR SETTING COMPENSATION FOR THE EXECUTIVE DIRECTOR. AN INDEPENDENT THIRD PARTY WAS ENGAGED TO CONFIRM THE COMPENSATION PAID TO THE EXECUTIVE DIRECTOR. Form 990, Part VI, Line 19 Required documents available to the public THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS WILL BE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part IX, Line 11g Other Fees CONTRACT LABOR - Total Expense: 43000, Program Service Expense: 43000, Management and General Expenses: , Fundraising Expenses: ; CONSULTING SERVICES - Total Expense: 12926, Program Service Expense: 12926, Management and General Expenses: , Fundraising Expenses: ;