2024-10-29T11:17:54-05:00 2023-12-31 221478099 COHNREZNICK LLP 500 EAST PRATT STREET 4TH FLOOR BALTIMORE MD 21202 990 2023-01-01 463663287 AMERICAN REINVESTMENT COMPANY AMER 2023318055 1227 25TH STREET NW 500 WASHINGTON DC 20037 ERICA KHATCHADOURIAN SECRETARY/TREASURER 2023318055 2024-10-18 1 1 LORI ROTHE YOKOBOSKY CPA P01273422 4107834900 2024-10-18 2023 2024-10-15 13:58:12Z ERICA KHATCHADOURIAN 1227 25TH STREET NW 500 WASHINGTON DC 20037 41216 0 X WWW.AMERICANREINVESTMENTCOMPANY.COM X 2013 DE THE MISSION OF THE AMERICAN REINVESTMENT COMPANY IS TO TRAIN AND PROVIDE TECHNICAL AND FINANCIAL ASSISTANCE TO NONPROFIT ORGANIZATIONS THAT PROMOTE AFFORDABLE HOUSING, COMMUNITY DEVELOPMENT, WORKFORCE DEVELOPMENT AND JOB CREATION AND TO PROVIDE DONATIONS TO NONPROFIT ORGANIZATIONS IN TARGETED PARTS OF THE COUNTRY FOR PROJECTS THAT PROMOTE AND PROVIDE AFFORDABLE HOUSING, COMMUNITY DEVELOPMENT, JOB TRAINING, AND WORKFORCE DEVELOPMENT. 3 3 0 3 0 0 0 25450 0 0 4164 15766 0 0 4164 41216 30000 25000 0 0 0 0 0 0 0 5596 6183 35596 31183 -31432 10033 430649 440682 0 0 430649 440682 X THE MISSION OF THE AMERICAN REINVESTMENT COMPANY IS TO TRAIN AND PROVIDE TECHNICAL AND FINANCIAL ASSISTANCE TO NONPROFIT ORGANIZATIONS THAT PROMOTE AFFORDABLE HOUSING, COMMUNITY DEVELOPMENT, WORK FORCE DEVELOPMENT AND JOB CREATION AND TO PROVIDE DONATIONS TO NONPROFIT ORGANIZATIONS IN TARGETED PARTS OF THE COUNTRY FOR PROJECTS THAT PROMOTE AND PROVIDE AFFORDABLE HOUSING, COMMUNITY DEVELOPMENT, JOB TRAINING, AND WORKFORCE DEVELOPMENT. 0 0 25000 25000 0 THE MISSION OF THE AMERICAN REINVESTMENT COMPANY (ARC) IS TO PROMOTE THE CREATION OF COMMUNITY SERVICES, AFFORDABLE HOUSING AND JOB TRAINING OPPORTUNITIES IN LOW INCOME COMMUNITIES NATIONWIDE BY PROVIDING TECHNICAL AND FINANCIAL SUPPORT TO ELIGIBLE NOT FOR PROFIT ORGANIZATIONS. ARC ALSO WORKS WITH LOCAL BUILDING AND CONSTRUCTION TRADES COUNCILS TO HELP THEM ESTABLISH NOT FOR PROFIT ORGANIZATIONS THAT FURTHER THEIR MISSIONS OF ADVANCING PRE-APPRENTICESHIP AND JOB READINESS PROGRAMS IN THEIR COMMUNITIES. 25000 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 DC DE X ERICA KHATCHADOURIAN 2023318055 1227 25TH STREET NW SUITE 500 WASHINGTON DC 20037 X THEODORE CHANDLER PRESIDENT 1.00 X X 0 0 0 LESYLLEE WHITE VICE PRESIDENT 1.00 X X 0 0 0 ERICA KHATCHADOURIAN SECRETARY/TREASURER 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 25450 25450 15766 15766 41216 0 0 15766 25000 25000 4585 4585 158 158 1440 1440 31183 25000 6183 0 430649 439682 0 1000 430649 440682 0 0 X 430649 440682 430649 440682 430649 440682 10033 0 X 0 0 0 X 25450 25450 25450 25450 3473 21977 3215 1387 466 4164 15766 24998 50448 0.43560 0.40740 X 1 COMMONBOND COMMUNITIES 411260469 20000 0 SUPPORTING ENTITIES THAT PROVIDE COMMUNITY AND EDUCATIONAL SERVICES AS WELL AS THOSE THAT PROMOTE HOUSING, COMMUNITY DEVELOPMENT AND/OR JOB CREATION FOR LOW-INCOME INDIVIDUALS OR COMMUNITIES. PART I, LINE 2: ALL OF ARC'S DONATIONS ARE SUBJECT TO COMPREHENSIVE REVIEW TO SUBSTANTIATE THE PROPOSED AMOUNT, ELIGIBILITY OF RECIPIENT AND TO ENSURE THAT RECIPIENT ACTIVITIES FIT SQUARELY WITHIN ARC'S MISSION. ARC RETAINS THE FOLLOWING RECORDS TO EVIDENCE ITS REVIEW: RECIPIENT W9; ARC BOARD CORRESPONDENCE OR MEETING MINUTES, AS APPROPRIATE; AND, RELATED CORRESPONDENCE, INCLUDING THE AWARD LETTER ARC ISSUES TO RECIPIENTS. FORM 990, PART VI, SECTION A, LINE 1A DIRECTORS ARE ELECTED TO SERVE THREE-YEAR TERMS, BY A MAJORITY OF THE THEN-VOTING MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 2 TED CHANDLER, ERICA KHATCHADOURIAN, AND LESYLLEE WHITE ARE ALL EMPLOYED BY THE AFL-CIO HOUSING INVESTMENT TRUST. FORM 990, PART VI, SECTION A, LINE 8B THE RESULT OF ALL ACTIONS TAKEN AT A MEETING OF THE BOARD, OR BY UNANIMOUS WRITTEN CONSENT OF THE DIRECTORS, ARE RECORDED IN THE MINUTES OF THE MEETING SO CALLED. FORM 990, PART VI, SECTION B, LINE 11B THIS FORM 990 WAS PREPARED WITH ASSISTANCE FROM COHNREZNICK, AN INDEPENDENT ADVISORY, ACCOUNTING AND TAX FIRM RETAINED TO COMPLETE ARC'S TAX FILINGS. THE COMPLETED FORM 990 WAS DISTRIBUTED FOR REVIEW AND COMMENT UNDER THE OVERSIGHT OF THE VICE-CHAIR/SECRETARY BEFORE BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C PER THE TERMS OF THE CONFLICT OF INTEREST POLICY, EACH DIRECTOR, OFFICER, AND MEMBER OF A COMMITTEE WITH BOARD OF DIRECTORS-DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT AFFIRMING THAT SUCH PERSON HAS RECEIVED A COPY OF THE POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND HAS AGREED TO COMPLY WITH THE POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AT THE ORGANIZATION'S OFFICE DURING REGULAR BUSINESS HOURS UPON REQUEST.