2024-08-14T19:40:33-05:00 2023-09-30 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2022-10-01 521449690 FUND FOR THE CENTER FOR COMMUNITY CHANGE FUND 2023399300 1536 U STREET NW WASHINGTON DC 20009 RYAN YOUNG CHIEF OPERATING & FIN. OFF. 2023399300 2024-08-14 1 0 ELIZABETH W HELLER P00397829 3019519090 2022 2024-08-08 14:25:15Z DORIAN WARREN 1536 U STREET NW WASHINGTON DC 20009 1443036 0 X N/A X 1985 DC SEE PART III, LINE 1. 8 7 0 7 0 0 0 97 0 0 1052734 184505 0 0 1052734 184602 0 0 0 0 0 0 0 0 0 88724 82322 88724 82322 964010 102280 12797107 13802364 0 0 12797107 13802364 THE FUND FOR THE CENTER FOR COMMUNITY CHANGE IS ORGANIZED AND INCORPORATED TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF THE CENTER FOR COMMUNITY CHANGE (CCC). 0 0 THE FUND FOR THE CENTER FOR COMMUNITY CHANGE IS ORGANIZED AND INCORPORATED TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF THE CENTER FOR COMMUNITY CHANGE (CCC). 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 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 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 X RYAN YOUNG 2023399363 1536 U STREET NW WASHINGTON DC 20009 DORIAN WARREN PRESIDENT 1.00 27.50 X X 0 271504 38141 JACKIE JENKINS-SCOTT CHAIR 4.00 2.00 X X 0 0 0 DONNA KATZIN VICE CHAIR 4.00 2.00 X X 0 0 0 JEFF BERMAN TREASURER 4.00 X X 0 0 0 KELLY BROWN SECRETARY 4.00 X X 0 0 0 BILL DEMPSEY BOARD MEMBER 2.00 X 0 0 0 PAULETTE MEYER BOARD MEMBER 2.00 X 0 0 0 JEAN TOM BOARD MEMBER 2.00 X 0 0 0 RYAN YOUNG COO/CFO 0.50 26.50 X 0 192424 23799 0 463928 61940 0 0 1 0 0 97 97 246713 246713 1196226 1258434 -62208 -62208 -62208 184602 0 0 184505 82307 82307 15 15 82322 0 82322 0 123493 176634 500000 700000 11952371 12725044 221243 200686 12797107 13802364 0 0 X 12797107 13802364 12797107 13802364 12797107 13802364 102280 902977 0 X 0 1 X 1 0 X X X 1 CNTR FOR COMM CHANGE 520888113 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 12797107 97 1087482 82322 13802364 15855211 -2969380 88724 12797107 13011897 2930185 86871 15855211 11850505 1227941 66549 13011897 11849922 569902 500000 69319 11850505 0.31500 0.68500 0 0 0 X 27423890 902977 26418618 27321595 102295 82307 82307 184602 33533652 33533637 33533637 15 82307 82307 82322 PART V, LINE 4: THE FUND FOR COMMUNITY CHANGE IS ORGANIZED AND INCORPORATED TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF THE CENTER FOR COMMUNITY CHANGE. PART X, LINE 2: FOR THE YEARS ENDED SEPTEMBER 30, 2023 AND 2022, THE ORGANIZATION HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CENTER FOR COMMUNITY CHANGE REVENUE REPORTED ON 26,418,618. CONSOLIDATED FINANCIAL STATEMENTS PART XII, LINE 2D - OTHER ADJUSTMENTS: CENTER FOR COMMUNITY CHANGE EXPENSES REPORTED ON 33,533,637. CONSOLIDATED FINANCIAL STATEMENTS 0 0 0 0 0 0 0 0 0 DORIAN WARREN PRESIDENT 0 271504 0 0 0 0 0 21720 0 16421 0 309645 0 0 RYAN YOUNG COO/CFO 0 192424 0 0 0 0 0 15394 0 8405 0 216223 0 0 PART I, LINE 3: FCCC RELIED ON CENTER FOR COMMUNITY CHANGE, A RELATED ORGANIZATION, TO DETERMINE COMPENSATION. CCC USED THE FOLLOWING METHODS TO DETERMINE COMPENSATION: - INDEPENDENT COMPENSATION CONSULTANT - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE - COMPENSATION COMMITTEE - COMPENSATION SURVEY OR STUDY FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY AN OUTSIDE ACCOUNTANT AND REVIEWED BY THE ORGANIZATION'S SENIOR MANAGEMENT. A DRAFT OF THE FORM 990 WAS REVIEWED BY THE AUDIT COMMITTEE CHAIR. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS ANNUALLY SIGNS A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY. B. HAS READ AND UNDERSTANDS THE POLICY. C. HAS AGREED TO COMPLY WITH THE POLICY. D. UNDERSTANDS THAT THE CORPORATION IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. TO ENSURE THAT THE CORPORATION OPERATES IN A MANNER CONSISTENT WITH, AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS STATUS AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX, PERIODIC REVIEWS ARE CONDUCTED TO ENSURE THAT COMPENSATION PAID BY THE CORPORATION IS REASONABLE AND RESULTS FROM ARM LENGTH TRANSACTIONS AND THAT ALL TRANSACTIONS OR ARRANGEMENTS TO WHICH THE CORPORATION IS A PARTY REFLECT REASONABLE PAYMENTS FOR GOODS OR SERVICES, FURTHER THE CORPORATION'S CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT OR IMPERMISSIBLE PRIVATE BENEFIT. IF A CONFLICT ARISES THE FOLLOWING STEPS ARE TAKEN: - ALL EMPLOYEES MUST FULLY DISCLOSE TO THE MANAGING DIRECTOR AND THE MANAGING DIRECTOR MUST FULLY DISCLOSE TO THE EXECUTIVE DIRECTOR ANY SITUATION IN WHICH A CONFLICT OR POTENTIAL CONFLICT EXISTS OR COULD ARISE. - EMPLOYEES WHO HAVE ANY QUESTION AS TO WHETHER AN ACTIVITY THEY WANT TO PARTICIPATE IN CONFLICTS WITH THE CENTER'S ACTIVITIES OR INTERESTS SHOULD DISCUSS THE ISSUE IN ADVANCE WITH THE MANAGING DIRECTOR. - VIOLATIONS OF THIS POLICY MAY RESULT IN DISCIPLINARY ACTION UP TO AND INCLUDING SUSPENSION AND TERMINATION OF EMPLOYMENT. BOARD MEMBERS ANNUALLY AGREE TO DISCLOSE TO THE BOARD IF THEY HAVE A CONFLICT FOR APPROPRIATE RESOLUTION. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT IS AN EMPLOYEE OF CENTER FOR COMMUNITY CHANGE, A RELATED ENTITY. THE COMPENSATION OF THE PRESIDENT WAS DETERMINED BY THE RELATED ORGANIZATION'S BOARD OF DIRECTORS, WHO RELIED ON SALARY BENCHMARKING THAT IS COMPLETED BY COMPENSATION CONSULTANTS WHO USE COMPARABILITY DATA IN THEIR DETERMINATION. DELIBERATIONS AND DECISIONS ARE SUBSTANTIATED. THE LAST COMPENSATION REVIEW TOOK PLACE IN MARCH 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. CENTER FOR COMMUNITY CHANGE 1536 U STREET NW WASHINGTON DC 20009 520888113 BUILD THE POWER & CAPACITY OF LOW-INCOME PEOPLE TO CHANGE THEIR COMMUNITIES DC 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0