2024-11-06T11:57:41-06:00 2023-12-31 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2023-01-01 411800192 COMMUNITY DEVELOPMENT VENTURE CAPITAL ALLIANCE COMM 2125946747 475 RIVERSIDE DRIVE 1264 NEW YORK NY 10115 KERWIN TESDELL PRESIDENT 2125946747 2024-11-06 1 0 MICHAEL WALLACE P00881958 2126972299 2023 2024-10-15 13:58:12Z KERWIN TESDELL 475 RIVERSIDE DRIVE 1264 NEW YORK NY 10115 6048930 0 X WWW.CDVCA.ORG X 1995 MN THE COMMUNITY DEVELOPMENT VENTURE CAPTIAL ALLIACE (CDVCA) IS THE NETWORK OF THE COMMUNITY DEVLEOPMENT VENTURE CAPTIAL INDUSTRY. CDVCA PROMOTES THE AVAILABILITY AND USE OF FLEXIBLE EQUITY RISK CAPITAL TO FUEL BUSINESSES GROWTH TO CREATE GOOD JOBS, PRODUCTIVE WEALTH, AND ENTREPRENEURIAL CAPACITY THAT ADVANCE THE LIVELIHOODS OF LOW-INCOME PEOPLE AND THE ECONOMIES OF DISTRESSED COMMUNITIES. CDVCA IS THE NATIONAL NETWORK AND FIELD-BUILDING ORGANIZATION OF THE COMMUNITY DEVELOPMENT VENTURE CAPITAL INDUSTRY. 6 4 10 4 0 0 1464516 3842463 3239310 2125899 16975 74972 833 5596 4721634 6048930 0 0 0 0 1155373 1422194 0 0 31703 543028 725640 1698401 2147834 3023233 3901096 14618602 18290034 1716136 1704378 12902466 16585656 X THE COMMUNITY DEVELOPMENT VENTURE CAPTIAL ALLIACE (CDVCA) IS THE NETWORK OF THE COMMUNITY DEVLEOPMENT VENTURE CAPTIAL INDUSTRY. CDVCA PROMOTES THE AVAILABILITY AND USE OF FLEXIBLE EQUITY RISK CAPITAL TO FUEL BUSINESSES GROWTH TO CREATE GOOD JOBS, PRODUCTIVE WEALTH, AND ENTREPRENEURIAL CAPACITY THAT ADVANCE THE LIVELIHOODS OF LOW-INCOME PEOPLE AND THE ECONOMIES OF DISTRESSED COMMUNITIES. 0 0 966363 2000 CDVCA BUILDS THE FIELD OF COMMUNITY DEVELOPMENT VENTURE CAPITAL FUNDS THROUGH TRAINING, NETWORKING, PEER LEARNING, BEST PRACTICES DEVELOPMENT, AND IMPROVEMENT OF PUBLIC POLICY. 966363 2123899 CDVCA MANAGES IMPACT INVESTMENT FUNDS ON AND OFF ITS BALANCE, WHICH IT INVESTS IN BOTH COMMUNITY DEVELOPMENT VENTURE CAPITAL FUNDS AND OPERATING BUSINESSES. 1932726 1 1 0 1 0 0 0 0 0 0 1 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 13 0 10 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 NY X KIWI PARTNERS INC 2125946747 C/O CDVCA 475 RIVERSIDE DRIVE 1264 NEW YORK NY 10115 NATHANIEL HENSHAW CHAIRMAN 1.00 X X 0 0 0 ALAN BERNSTEIN TREASURER / MANAGING DIREC 30.00 X X 35000 0 0 TOM LOY DIRECTOR 1.00 X 0 0 0 STANLEY TUCKER DIRECTOR 1.00 X 0 0 0 MYRNA RIVERA DIRECTOR 1.00 X 0 0 0 KERWIN TESDELL PRESIDENT 40.00 X X 500000 0 58409 ERNESTO VILLARINI MANAGING DIRECTOR 40.00 X 167915 0 17699 ALEXANDRIA HARRIS VICE PRESIDENT 40.00 X 124858 0 11300 JULIAN WOOD VICE PRESIDENT 40.00 X 112445 0 12196 940218 0 99604 4 0 1 0 MCCONNELL VALDES LLC 270 MUNOZ RIVERA AVENUE SAN JUAN RQ 00918 ATTORNEY SERVICES 130671 1 3842463 3842463 MANAGEMENT AND OTHER F 525990 2112499 2112499 OTHER EARNED INCOME 900099 13400 13400 2125899 74972 74972 MISCELLANEOUS 900099 5596 5596 5596 6048930 2125899 0 80568 X 593409 513639 53263 26507 688589 682346 6243 67110 63545 2509 1056 73086 68234 3359 1493 224816 147591 77225 27000 27000 253218 250109 3109 40405 36781 2832 792 12789 11940 588 261 51857 48413 2384 1060 39392 39392 31307 31307 15000 15000 3827 3573 176 78 12780 11932 587 261 MISCELLANEOUS 9557 8924 438 195 PAYROLL PROCESSING FEES 3692 3692 2147834 1932726 183405 31703 3133860 392531 586112 2123722 287533 3511829 105689 179736 8164 30303 198324 195178 5479 3146 10384266 11979979 107499 68788 14618602 18290034 137398 166148 1500000 1500000 78738 38230 1716136 1704378 X 12801242 13416968 101224 3168688 12902466 16585656 14618602 18290034 3901096 -217906 0 X 0 1 X 1 1 1 X 662014 1300016 840880 1464516 3842463 8109889 662014 1300016 840880 1464516 3842463 8109889 120316 7989573 9405 9727 622 16975 74972 111701 1334 2667 10088 833 5596 20518 8242108 13810616 0.96940 0.73310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2147834 2147834 257392 64348 0 0 172314 195917 234920 257392 860543 1290815 43079 48979 58730 64348 215136 322704 22120 22120 0 159852 156706 3146 16352 16352 0 3146 SJF VENTURES II 42508 F COASTAL VENTURES IV, LP 536108 F COASTAL VENTURES V 368349 F SEMILLERO INVESTMENT FUND I LLC 258105 F MERITUS VENTURES LP 197895 F PACIFIC COMMUNITY VENTURES, LLC 178233 F DSV PARTNERS IV 5996 F RESIDUAL INTEREST IN ADV CAP NMTC 2016 LLC 793823 F RESIDUAL INTEREST IN CDVCA XII INV FUND 1391798 F RESIDUAL INTEREST IN CDVCA 18 INV FUND 1529321 F RESIDUAL INTEREST IN CDVCA 17 INV FUND 1724182 F RESIDUAL INTEREST IN CDVCA 14 INV FUND 1468999 F RESIDUAL INTEREST IN CDVCA 21 INV FUND 1483355 F RESIDUAL INTEREST IN CDVCA 24 INV FUND 401309 F GFC HOLDINGS LLC 850000 F SKOOTEL, LLC 250000 F 88 ACRES FOODS, INC. 249998 F ENTAC MEDICAL, INC. 250000 F 11979979 OPERATING LEASE LIABILITY 38230 38230 6682572 -217906 851548 633642 6048930 0 6048930 2999382 851548 851548 2147834 0 2147834 X 0 0 0 0 0 0 0 0 0 KERWIN TESDELL PRESIDENT 300000 0 200000 0 0 0 47750 0 10659 0 558409 0 0 0 ERNESTO VILLARINI MANAGING DIRECTOR 126000 0 41915 0 0 0 0 0 17699 0 185614 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE IRS FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS AFTER RECEIVING THE NECESSARY INFORMATION FROM CDVCA STAFF AND THE FINANCIAL CONSULTANT. AFTER RECEIVING THE COMPLETED FORM 990, THE DOCUMENT IS REVIEWED BY CDVCA'S PRESIDENT AND FINANCIAL CONSULTANT FOR ACCURACY AND COMPLETENESS. ANY NECESSARY CHANGES ARE COMMUNICATED BACK TO THE INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS, AND A REVISED FORM 990 IS THEN PROVIDED TO CDVCA. THE FORM 990 IS THEN PROVIDED TO CDVCA'S BOARD OF DIRECTORS TO REVIEW BEFORE BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT HAS BEEN DISTRIBUTED TO ALL BOARD MEMBERS. IT IS MONITORED AND ENFORCED ON A CONTINUING BASIS BY THE BOARD AND THE STAFF. EACH TIME AN EVENT OCCURS THAT COULD RAISE THE ISSUE OF A CONFLICT, THE BOARD DISCUSSES THE EVENT AND THE CONFLICTS POLICY AND DEVISES AND FOLLOWS A COURSE OF ACTION CONSISTENT WITH THE WRITTEN CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD ARRIVES AT APPROPRIATE COMPENSATION LEVELS OF EXECUTIVE EMPLOYEES BASED ON BOARD MEMBERS' KNOWLEDGE OF COMPENSATION LEVELS OF EXECUTIVES OF SIMILAR ORGANIZATIONS AND OF INDIVIDUALS WITH BACKGROUNDS AND SKILLS SIMILAR TO THE EMPLOYEE'S, AS WELL AS THE EMPLOYEES JOB PERFORMANCE DURING THE YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST OF SUCH DOCUMENTS. FORM 990, PART IX, LINE 11G OTHER - PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 250,109. MANAGEMENT AND GENERAL EXPENSES 3,109. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 253,218. CDVCA INNOVATE NY GP LLC 475 RIVERSIDE DRIVE 1264 NEW YORK NY 10115 461207792 FUND MANAGEMENT NY 50000 12500 COMMUNITY DEVELOPMENT VENTURE CAPITAL ALLIANCE CDVCA PUERTO RICO GP LLC 475 RIVERSIDE DRIVE 1264 NEW YORK NY 10115 813492513 FUND MANAGEMENT DE 444409 100284 COMMUNITY DEVELOPMENT VENTURE CAPITAL ALLIANCE