2025-09-22T15:01:25-05:00 2024-12-31 341310124 REA & ASSOCIATES INC 5400 FRANTZ RD SUITE 200 DUBLIN OH 43016 990 2024-01-01 743033288 FINANCE FUND CAPITAL CORPORATION FINA 6142211114 366 E BROAD ST 101 COLUMBUS OH 43215 MATT FRANK CFO 6142211114 2025-09-17 1 1 MELISSA DUNKLE CPA P01380769 6148898725 2025-09-17 2024 2025-03-06 01:10:19Z MATT FRANK 366 E BROAD ST 101 COLUMBUS OH 43215 3778941 0 X WWW.FINANCEFUND.ORG X 2014 OH FINANCE FUND CAPITAL CORPORATION PROVIDES ACCESS TO CAPITAL TO PROMOTE DEVELOPMENT IN LOW-INCOME COMMUNITIES. 10 10 0 10 0 0 8824578 540000 2909038 3206396 29505 32545 0 0 11763121 3778941 0 0 0 0 0 0 0 0 0 2119495 1585978 2119495 1585978 9643626 2192963 92578521 82233632 61392595 49633605 31185926 32600027 X FINANCE FUND CAPITAL CORPORATION (FCAP) IS A NONPROFIT COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) THAT FORMS PUBLIC- PRIVATE PARTNERSHIPS WITH FINANCIAL INSTITUTIONS, INVESTORS, CHARITABLE FOUNDATIONS, COMMUNITY ORGANIZATIONS AND FEDERAL, STATE AND LOCAL GOVERNMENTS TO PROVIDE FLEXIBLE FINANCING THAT SUPPORTS ECONOMIC DEVELOPMENT AND JOB CREATION IN LOW-INCOME COMMUNITIES. FCAP'S BORROWERS INCLUDE COMMUNITY-BASED NONPROFIT ORGANIZATIONS AND FOR PROFIT BUSINESSES. 0 0 1451502 3206396 FINANCE FUND CAPITAL CORPORATION OFFERS A VARIETY OF DIFFERENT LOAN FUNDS TO FORM PUBLIC-PRIVATE PARTNERSHIPS BY PROVIDING FLEXIBLE FINANCING THAT SUPPORTS ECONOMIC DEVELOPMENT AND JOB CREATION IN LOW-INCOME COMMUNITIES. THESE LOAN FUNDS AND PROGRAMS INCLUDE THE SMALL BUSINESS LOAN FUND, COMMUNITY HEALTH LOAD FUND, HEALTHY FOODS, AND SBA COMMUNITY ADVANTAGE LOAN PROGRAMS. 1451502 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 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 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X X MATT FRANK 6142211114 366 E BROAD ST STE 101 COLUMBUS OH 43215 DIANA TUROFF PRESIDENT AND CEO 40.00 X X 0 590480 5000 JEFF MOHRMAN EVP REAL ESTATE 40.00 X 0 533000 5000 ANDREW SWARY EVP, GENERAL COUNSEL 40.00 X 0 396584 5000 MATT FRANK CHIEF FINANCIAL OFFICER 40.00 X 0 373568 5000 JERRY KATZ CHAIR 1.00 X X 0 0 0 RYAN MILLER VICE CHAIR 1.00 X X 0 0 0 PHILLIP SMITH TREASURER 1.00 X X 0 0 0 GREG KIGER SECRETARY 1.00 X X 0 0 0 MARY BURKE RIVERS BOARD OF DIRECTORS 1.00 X 0 0 0 D R GOSSETT BOARD OF DIRECTORS 1.00 X 0 0 0 SAMANTHA SHAFER BOARD OF DIRECTORS 1.00 X 0 0 0 RANDY RUNYON BOARD OF DIRECTORS 1.00 X 0 0 0 THOMAS WINSTON BOARD OF DIRECTORS 1.00 X 0 0 0 BRIAN HEITKAMP BOARD OF DIRECTORS 1.00 X 0 0 0 0 1893632 20000 0 0 1 0 0 540000 540000 INTEREST INCOME- MISC 525990 3071194 3071194 INCOME/LOSS ON SUBSIDI 900099 135202 135202 3206396 32545 32545 3778941 3206396 0 32545 9273 9273 974502 974502 ASSET MANAGEMENT EXPENS 600000 477000 123000 MISCELLANEOUS EXPENSE 2203 2203 1585978 1451502 134476 0 25375705 20549244 449467 1290773 267627 65912043 60967294 92578521 82233632 19717595 4698605 41675000 44935000 61392595 49633605 X 31185926 32600027 31185926 32600027 92578521 82233632 X 2192963 -778862 X X 0 1 X 1 0 X 4796000 2378765 2202500 8824578 540000 18741843 2068372 2207689 2401432 2909038 3206396 12792927 6864372 4586454 4603932 11733616 3746396 31534770 0 0 0 31534770 26021 24381 21380 29505 32545 133832 26021 24381 21380 29505 32545 133832 6890393 4610835 4625312 11763121 3778941 31668602 0.99580 0.99620 0.00420 0.00380 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 3778941 0 3778941 0 3778941 2364840 778862 778862 1585978 0 1585978 PART X, LINE 2: FINANCE FUND CAPITAL CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C) (3), HOWEVER, CERTAIN UNRELATED BUSINESS ACTIVITIES OF THESE ENTITIES MAY BE SUBJECT TO FEDERAL INCOME TAXES. NO PROVISION FOR FEDERAL OR LOCAL INCOME TAXES WAS NECESSARY FOR THE YEAR ENDED DECEMBER 31, 2024. PART XII, LINE 2D - OTHER ADJUSTMENTS: PROVISION FOR LOAN LOSS 778,862. X X X X X X 0 0 0 0 0 0 0 0 0 DIANA TUROFF PRESIDENT AND CEO 0 0 0 0 0 590480 0 5000 0 0 0 595480 0 0 JEFF MOHRMAN EVP REAL ESTATE 0 0 0 0 0 533000 0 5000 0 0 0 538000 0 0 ANDREW SWARY EVP, GENERAL COUNSEL 0 0 0 0 0 396584 0 5000 0 0 0 401584 0 0 MATT FRANK CHIEF FINANCIAL OFFICER 0 0 0 0 0 373568 0 5000 0 0 0 378568 0 0 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF FORM 990 IS REVIEWED AND APPROVED BY THE AUDIT AND FINANCE COMMITTEE, AS WELL AS THE CHIEF FINANCIAL OFFICER, PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS, STAFF, AND VOLUNTEERS ARE UNDER A CONTINUING OBLIGATION TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST AS SOON AS IT IS KNOWN, OR REASONABLY SHOULD BE KNOWN. CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE COMPLETED ON AN ANNUAL BASIS (EVERY JANUARY) BY ALL BOARD MEMBERS, STAFF, AND VOLUNTEERS. ANY CHANGES WHICH OCCUR DURING THE YEAR ARE REPORTED THROUGH AN UPDATED STATEMENT. FOR BOARD MEMBERS, THE DISCLOSURE STATEMENTS ARE PROVIDED TO THE CHAIR OF THE BOARD, OR IN THE CASE OF THE CHAIR'S DISCLOSURE STATEMENT IS PROVIDED TO THE SECRETARY OF THE BOARD COPIES ARE ALSO PROVIDED TO THE CHIEF EXECUTIVE OFFICER. IN THE CASE OF STAFF OR VOLUNTEERS, THE DISCLOSURE STATEMENTS ARE PROVIDED TO THE CHIEF EXECUTIVE OFFICER OR IN THE CASE OF THE CEO'S DISCLOSURE STATEMENT IS PROVIDED TO THE CHAIR OF THE BOARD. WHENEVER THERE IS REASON TO BELIEVE THAT AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST EXISTS BETWEEN FINANCE FUND AND AN INTERESTED PARTY, THE BOARD OF DIRECTORS DETERMINES THE APPROPRIATE ORGANIZATIONAL RESPONSE. THIS INCLUDES INVOKING THE PROCEDURES DESCRIBED IN THE CONFLICT OF INTEREST POLICY. WHERE THE ACTUAL OR POTENTIAL CONFLICT INVOLVES AN EMPLOYEE OR VOLUNTEER OF THE ORGANIZATION OTHER THAN THE CEO, THE CEO WILL REVIEW THE MATTER AND TAKE APPROPRIATE ACTION AS NECESSARY TO PROTECT THE INTERESTS OF THE ORGANIZATION. THE CEO REPORTS TO THE CHAIR OF THE BOARD THE RESULTS OF ANY REVIEW AND THE ACTION TAKEN. THE CHAIR, IN CONSULTATION WITH THE EXECUTIVE COMMITTEE, SHALL DETERMINE IF ANY FURTHER BOARD REVIEW OR ACTION IS REQUIRED. THE SECRETARY OF THE BOARD OF DIRECTORS FILES COPIES OF ALL DISCLOSURE STATEMENTS WITH THE OFFICIAL CORPORATE RECORDS OF THE ORGANIZATION. DIRECTOR STATEMENTS ARE KEPT WITH BOARD RECORDS, AND STAFF AND VOLUNTEER STATEMENTS ARE KEPT IN PERSONNEL FILES. ALL CORPORATE POLICIES INCLUDING THE CONFLICT OF INTEREST POLICY ARE WRITTEN AND MADE AVAILABLE TO ALL BOARD, STAFF, AND VOLUNTEERS IN AN EMPLOYEE HANDBOOK OR BOARD HANDBOOK. ALL BOARD, STAFF, AND VOLUNTEERS SIGN STATEMENTS TO AFFIRM THAT THEY HAVE READ SUCH POLICES AND UNDERSTAND THEM. ALL CORPORATE POLICIES ARE REVIEWED ON AN ANNUAL BASIS BY KEY STAFF. RECOMMENDATIONS FOR POLICY CHANGES ARE BROUGHT BEFORE THE BOARD FOR REVIEW AND APPROVAL. POLICY CHANGES ARE COMMUNICATED TO BOARD, STAFF, AND VOLUNTEERS. THE EXECUTIVE COMMITTEE IS CHARGED WITH THE RESPONSIBILITY TO REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY REVIEWING ANNUAL STATEMENT AND TAKING SUCH OTHER ACTIONS AS ARE NECESSARY FOR EFFECTIVE OVERSIGHT. FORM 990, PART VI, SECTION B, LINE 15 AN INDEPENDENT COMPANY PERFORMS A COMPENSATION STUDY APPROXIMATELY EVERY THREE YEARS AND DETERMINES A RANGE OF PAY FOR EACH POSITION. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICE DURING REGULAR BUSINESS HOURS UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICE DURING REGULAR BUSINESS HOURS UPON REQUEST. FORM 990, PART XI, LINE 9: PROVISION FOR LOAN LOSS -778,862. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS PROCESS FROM PRIOR YEARS. OHIO COMMUNITY DEVELOPMENT FINANCE FUND 366 E BROAD ST STE 101 COLUMBUS OH 43215 311229532 FINANCIAL INTERMEDIARY OH 501(C)(3) LINE 7 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 OHIO COMMUNITY DEVELOPMENT FINANCE FUND M 600000 CASH-FMV OHIO COMMUNITY DEVELOPMENT FINANCE FUND C 540000 CASH-FMV