2025-08-14T19:39:34-04:00 2024-09-30 RONALD D KOVAR JR CPA 7838 E LINDEN CT TUCSON AZ 85715 990PF 2023-10-01 860683138 COMMUNITY FINANCE CORPORATION COMM 6026667650 5049 E BROADWAY BLVD SUITE 156 TUCSON AZ 85711 MICHAEL HAMMOND PRESIDENT 6026667650 2025-08-10 true RONALD D KOVAR JR P01218573 5207223643 2025-08-10 2023 2025-03-06 01:10:19Z X 966947621 X X 9806868 9806868 9806868 76924468 76172655 76924468 75874077 1285843 1285843 1285843 88017179 87265366 88017179 50600 50600 50600 30043277 30043277 30043277 37938112 37462603 37938112 3695836 3426812 3695836 15689457 15682177 15689457 87417282 86665469 87417282 0 204267 204267 87621549 86665469 87417282 204267 395630 599897 599897 1092006 1027994 1027994 83060377 90177408 90177408 680472 649263 680472 680472 750394 938257 938257 630712857 731934434 731934434 152472794 63778288 71226835 88694506 88694506 48170229 53494550 53494550 835661961 966947621 966947621 20383743 19576452 5877900 6530028 812298419 940402247 61244732 64119332 899804794 1030628059 X -64142833 -63680438 -64142833 -63680438 835661961 966947621 -64142833 395630 3639121 -60108082 3572356 -63680438 8339 8339 8339 6958 1400 8358 19 19 false false false false true true true false true true AZ CA true false false false false true N/A CORPORATION 6026667650 5049 E BROADWAY BLVD 156 TUCSON AZ 85711 false false false false false false false false false false false false false false false false false false false false GARY MOLENDA 5049 E BROADWAY BLVD SUITE 156 TUCSON AZ 85711 DES REP 2.00 0 0 0 MICHAEL HAMMOND 5049 E BROADWAY BLVD SUITE 156 TUCSON AZ 85711 PRESIDENT 2.00 0 0 0 KENDALL BERT 5049 E BROADWAY BLVD SUITE 156 TUCSON AZ 85711 SECRETARY 2.00 0 0 0 MICHAEL ARNOLD 5049 E BROADWAY BLVD SUITE 156 TUCSON AZ 85711 TREASURER 2.00 0 0 0 KATHLEEN PERKINS 5049 E BROADWAY BLVD SUITE 156 TUCSON AZ 85711 VICE-PRESIDE 2.00 0 0 0 KENNETH ABRAHAMS 5049 E BROADWAY BLVD SUITE 156 TUCSON AZ 85711 BOARD MEMBER 2.00 0 0 0 NONE GEO GROUP INC ONE PARK PLACE 621 NW 53RD ST SUITE 700 BOCA RATON FL 33487 FACIL-MGMT FEES 5460166 HYATT CORPORATION 600 E MARKET STREET SAN ANTONIO TX 78205 MGMT-FAC FEES 3981250 MONMOUTH INDEPENDENCE NETWORK LLC 405 N HOGAN RD MONMOUTH OR 97361 FACIL-MGMT FEES 1634304 CAPSTONE ON-CAMPUS MANAGEMENT 1500 URBAN CENTER DRIVE STE 400 VESTAVIA HILLS AL 35242 MGMT FEES 854095 ORICK HARRINGTON & SUTCLIFFE 405 HOWARD STREET SAN FRANCISCO CA 941052669 LEGAL FEES-BOND 785000 15 N/A 0 1080573 0 1080573 1080573 16209 1064364 53218 53218 8339 8339 44879 44879 44879 204267 204267 44879 104407 110284 107076 107534 99380 528681 204267 44879 159388 688069 0 104407 583662 110284 107076 107534 99380 159388 X UA-COLLEGE OF ENGINEERING DAVINCI SCHOLARSHIP 1111 N CHERRY AVENUE TUCSON AZ 857210109 N/A 501(C)(3) SEE ATTACHED SCHEDULE K 25000 YMCA OF SOUTHERN AZ PO BOX 1111 TUCSON AZ 85702 N/A 501(C)(3) SEE ATTACHED SCHEDULE K 25000 TUCSON UNIFIED SCHOOL DISTRICT EDUCATION ENRICHMENT FOUNDATION 3809 E THIRD STREET TUCSON AZ 85716 N/A 501(C)(3) SEE ATTACHED SCHEDULE K 15000 UNIVERSITY OF AZ FOUNDATION ARIZONA ASSURANCE 1111 N CHERRY AVENUE TUCSON AZ 857210109 N/A 501(C)(3) SEE ATTACHED SCHEDULE K 39267 SO AZ RESEARCH SCIENCE AND ENGINEERING FOUNDATION 4574 E BROADWAY TUCSON AZ 85711 N/A 501(C)(3) SEE ATTACHED SCHEDULE K 20000 JEWISH COMMUNITY CENTER OF SOUTHERN ARIZONA 3800 E RIVER RD TUCSON AZ 85718 N/A 501(C)(3) SEE ATTACHED SCHEDULE K 10000 FLOWING WELLS SCHOOL DISTRICT 1556 W PRINCE RD TUCSON AZ 85705 N/A 501(C)(3) SEE ATTACHED SCHEDULE K 15000 EL GROUPO YOUTH CYCLING 610 N 9TH AVENUE TUCSON AZ 85705 N/A 501(C)(3) SEE ATTACHED SCHEDULE K 15000 UNIVERSITY OF AZ FOUNDATION ARIZONA ASSURANCE 1111 N CHERRY AVENUE TUCSON AZ 857210109 N/A 501(C)(3) SEE ATTACHED SCHEDULE K 25000 PRIMAVERA FOUNDATION 151 W 40TH STREET TUCSON AZ 85713 N/A 501(C)(3) SEE ATTACHED SCHEDULE K 10000 LOS CHANGUITOS FEOS INC PO BOX 85117 TUCSON AZ 85754 N/A 501(C)(3) SEE ATTACHED SCHEDULE K 5000 204267 14 9806868 531120 -298578 30 76172655 ADMINISTRATIVE FEES 707542 OTHER INCOME 30 578301 -298578 86557824 707542 86966788 11B ADMINISTRATIVE FEES ARE EARNED PURSUANT TO THE 11B ORGANIZATION'S PURPOSE OF LESSENING THE BURDENS OF 11B GOVERNMENT AND NONPROFIT ORGANIZATIONS 11B AND TO ERECT, FINANANCE THE ERECTION OF, OR 11B MAINTAIN PUBLIC BUILDINGS, MONUMENTS, OR WORKS. false false false false false false false true false 1b(6) 414499 BDFC ADVISOR SERVICES ADMINISTRATIVE FEES false SEE SCHEDULE C 50600 50600 50600 AMORTIZATION 1275 1275 1275 BUILDING 2015-09-01 110420669 259242 S/L 40.0000 88760 88760 BUILDING 2022-04-01 311183707 270828 STRAIGHT LINE 40.0000 180264 180264 SEE SCEDULE G 13747094 3426812 3426812 3426812 107528656 107528656 624405778 624405778 LAND 10153678 10153678 10153678 LAND IMPROVEMENTS 266609 266609 266609 BUILDINGS, FURNITURE & EQUIPMENT 142052507 63778288 78274219 78274219 SEE SCHEDULE G SEE SCHEDULE I 940402247 NOTE ISSUANCE COSTS LESS ACC AMORT 15534000 19037188 19037188 OTHER RECEIVABLE 348431 479893 479893 LEASE INCOME RECEIVABLE 1354416 2741333 2741333 INTEREST RECEIVABLE 627480 1100761 1100761 DEVELOPMENT COSTS 7028624 7353337 7353337 OPERATING LEASES RIGHT-OF-USE ASSETS 23277278 22782038 22782038 SEE SCHEDULE H SEE ATTACHMENT B 3572356 COLLEGE DORM PROJECT FACILITIES EXPENSES 102284 102284 REPAIRS & MAINTENANCE 14686 14686 RETAIL USE OF HOTEL IN TX REPAIRS & MAINTENANCE 48534 48534 REAL ESTATE TAXES 75777 75777 PROPERTY MGMT FEES 63302 63302 EXPENSES FACILITIES EXPENSES 5957859 5957859 5957859 GROUND LEASE RENT 1781621 1781621 1781621 OTHER EXPENSES 6450 6450 6450 REPAIRS & MAINTENANCE 860295 860295 860295 REAL ESTATE TAXES 4844160 4844160 4844160 INSURANCE 1303408 1303408 1303408 CHANGE IN NET RENTAL INCOME 298578 FOR LOSS ON 990-T SEE SCHEDULE E ADMINISTRATIVE FEES 707542 707542 707542 OTHER INCOME 578301 578301 578301 UNREALIZED GAIN ON INVESTMENTS 3572356 SEE SCHEDULE B 66765 ACCRUED REAL ESTATE TAXES 4041566 4030278 INTEREST PAYABLE 33161318 35894339 OPERATING LEASE LIABILITY 24041848 24194715 LEGAL, PROFESSIONAL, & TRUSTEE F 1633841 1633841 1633841 ADMINISTRATIVE FEES 414499 414499 414499 FACILITIE MGMT FEES AND OPERATIN 27994937 27994937 27994937 SEE SCHEDULE D