2026-09-23T11:37:57-05:00 2025-12-31 423603499 EIDE BAILLY ADVISORY LLC 5 TRIAD CENTER STE 600 SALT LAKE CITY UT 841801106 990 2025-01-01 455465651 AFFORDA UTAH 8013169111 6880 S 700 W 2ND FL MIDVALE UT 84047 DANIEL ADAMS EXECUTIVE DIRECTOR 8013169111 2026-09-21 1 KYLE FRITCH P01313374 8015322200 2026-09-21 2025 DANIEL ADAMS 6880 S 700 W 2ND FL MIDVALE UT 84047 3873782 0 X AFFORDAUTAH.ORG X 2012 UT FACILITATING OPPORTUNITIES AND INNOVATIVE SOLUTIONS TO STRENGTHEN COMMUNITIES AND NEIGHBORHOODS 12 12 4 13 0 0 65476 562391 1532284 1371644 906936 1939747 0 0 2504696 3873782 0 0 0 0 353059 463381 0 0 0 1207493 1412076 1560552 1875457 944144 1998325 54221445 52914228 31602574 24441326 22618871 28472902 X AFFORDA STABILIZES NEIGHBORHOODS THROUGH ITS SUBSIDIARY ORGANIZATIONS BY PROVIDING SINGLE FAMILY AND MULTI-FAMILY AFFORDABLE HOUSING, NEIGHBORHOOD REVITALIZATION, AND SMALL BUSINESS LENDING AND INVESTING. AFFORDA SERVES AS AN UMBRELLA OR PARENT ORGANIZATION FOR SEVERAL ENTITIES WITH THE SAME BOARD OF DIRECTORS AND MANAGEMENT TEAM. 0 0 1243986 1147868 THE UTAH EQUITABLE TRANSIT ORIENTED DEVELOPMENT LOANS (UETOD) IS A STRUCTURED $35 MILLION REVOLVING LOAN FUND. THE LOAN FUND PROVIDES FLEXIBLE SHORT-TERM FINANCING FOR DEVELOPERS TO PURCHASE AND/OR DEVELOP TRANSIT ORIENTED AFFORDABLE HOUSING NEAR PUBLIC TRANSPORTATION THROUGHOUT THE WASATCH FRONT. ALL HOUSING UNITS FINANCED BY THE UETOD WILL BE DESIGNATED FOR RESIDENTS WITH HOUSEHOLD INCOME LESS THAN 80% OF AREA MEDIAN INCOME (AMI). FOR RENTAL PROJECTS, AT LEAST 51% OF THE TOTAL UNITS WILL BE FOR RESIDENTS AT 80% AMI OR BELOW. IN ADDITION, THE FUND WILL ENSURE THAT ALL RENTAL UNITS/HOMES MEET THE ABOVE AFFORDABILITY REQUIREMENTS.BOTH NON-PROFIT AND FOR-PROFIT DEVELOPERS ARE ABLE TO ACCESS THE FUND'S RESOURCES. THE FUND PROVIDES AN ACQUISITION AND PREDEVELOPMENT SOURCE OF CAPITAL TO ALLOW DEVELOPERS TO SECURE KEY PROPERTIES, AND CONSTRUCTION FINANCING FOR THESE SAME PROJECTS. WHEREAS SOME GEOGRAPHIES MAY HAVE A GREATER NEED TO TARGET A LOWER AMI, OTHER AREAS HAVE ALREADY ESTABLISHED ENOUGH HOUSING TO ACCOMMODATE THE DEEPER TARGETS AND ARE LOOKING TO BRING MORE MARKET RATE UNITS TO THE AREA.AS OF DECEMBER 31, 2025, FIVE TRANSIT-ORIENTED DEVELOPMENT LOANS WERE ISSUED AND OUTSTANDING FOR A TOTAL OF $19,156,000. OF THAT TOTAL, $7,259,000 OF THE $10,500,000 TOP LOSS WAS COMMITTED FOR THE NINE TRANSIT-ORIENTED DEVELOPMENT PROJECTS. AFFORDABLE UNITS PROVIDED BY THE UETOD PROGRAM HAVE IMPACTED AN ESTIMATED 8,318 UTAHNS. 134569 218109 THROUGH AFFORDA FINANCE, AFFORDA PROVIDES LOAN PRODUCTS TO SINGLE FAMILY AND MULTI-FAMILY AFFORDABLE HOUSING NON-PROFITS. THESE PRODUCTS HELP STABILIZE AND REVITALIZE UTAH NEIGHBORHOODS. AS OF DECEMBER 31, 2025, TWO LOANS WERE ISSUED AND OUTSTANDING TOTALING $1,363,000. 1975 5667 UTAH SMALL BUSINESS GROWTH INITIATIVE (USBGI) IS A LIMITED LIABILITY COMPANY ORGANIZED IN THE STATE OF UTAH ON JUNE 11, 2012 FOR THE PURPOSE OF CREATING JOBS AND STABILIZING UTAH'S NEIGHBORHOODS BY PROVIDING GROWING BUSINESSES WITH ACCESS TO CAPITAL. USBGI'S PROGRAM SERVICES INCLUDE, A) PROVIDING EARLY STAGE INVESTMENT CAPITAL, B) FACILITATING LOAN GUARANTEES TO SMALL BUSINESSES BETWEEN FINANCIAL INSTITUTIONS AND THE STATE OF UTAH, AND C) PARTICIPATING IN LOANS ALONGSIDE OTHER FINANCIAL INSTITUTIONS. TO DATE, USBGI HAS BEEN ABLE TO LEVERAGE APPROXIMATELY $8.5 MILLION IN FUNDS TO GIVE SMALL BUSINESSES ACCESS TO APPROXIMATELY $50 MILLION IN CAPITAL TO HELP GROW THEIR BUSINESSES. THAT CAPITAL WAS REPORTED TO HAVE HELPED TO CREATE APPROXIMATELY 550 JOBS AND RETAIN APPROXIMATELY 1,800 JOBS. CAPITAL HAS BEEN MADE AVAILABLE TO WOMEN-OWNED AND MINORITY-OWNED BUSINESSES IN LOW-INCOME AND RURAL AREAS. USBGI IS A WHOLLY-OWNED SUBSIDIARY OF THE NONPROFIT AFFORDA. AFFORDA SERVES AS AN UMBRELLA ORGANIZATION FOR SEVERAL DIFFERENT ENTITIES IN ADDITION TO USBGI. 86473 IN DECEMBER OF 2025, AFFORDA CLOSED A SECOND, $28,000,000 REVOLVING LOAN FUND. THE AFFORDA ACQUISITION LOAN FUND (AAL) PROVIDES FLEXIBLE SHORT-TERM FINANCING FOR DEVELOPERS TO PURCHASE AND/OR DEVELOP AFFORDABLE HOUSING THROUGHOUT THE STATE OF UTAH. SIMILAR TO THE UETOD FUND, UNITS FINANCED BY THE AAL FUND WILL BE DESIGNATED FOR RESIDENTS WITH HOUSEHOLD INCOME LESS THAN 80% OF AREA MEDIAN INCOME (AMI). FOR RENTAL PROJECTS, AT LEAST 51% OF THE TOTAL UNITS WILL BE FOR RESIDENTS AT 80% AMI OR BELOW. IN ADDITION, THE FUND WILL ENSURE THAT ALL RENTAL UNITS/HOMES MEET THE ABOVE AFFORDABILITY REQUIREMENTS.THE AAL FUND ALSO PROVIDES ACQUISITION AND PREDEVELOPMENT CAPITAL TO ALLOW DEVELOPERS TO SECURE KEY PROPERTIES, AND CONSTRUCTION FINANCING.AS OF DECEMBER 31, 2025, THE AAL FUND DID NOT HAVE ANY LOANS OUTSTANDING. 86473 1467003 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 0 1 4 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 UT X AMY THORNTON 8013169111 6880 S 700 W 2ND FL MIDVALE UT 84047 KIMBERLY CHYTRAUS CHAIR 1.00 2.00 X X 0 0 0 LEE DIAL VICE CHAIR 1.00 2.00 X X 0 0 0 MISSY KEY TREASURER 1.00 2.00 X X 0 0 0 TOM CHRISTOPULOS BOARD MEMBER 1.00 2.00 X 0 0 0 TRACY ERIKSON BOARD MEMBER 1.00 2.00 X 0 0 0 JANSEN GUNTHER BOARD MEMBER 1.00 2.00 X 0 0 0 STEPHEN NELSON BOARD MEMBER 1.00 2.00 X 0 0 0 CLAUDIA O'GRADY BOARD MEMBER 1.00 2.00 X 0 0 0 JOHN RICHARDS BOARD MEMBER 1.00 2.00 X 0 0 0 DANNY SHIN BOARD MEMBER 1.00 2.00 X 0 0 0 SHARLENE WILDE BOARD MEMBER 1.00 2.00 X 0 0 0 JAKE WOOD BOARD MEMBER 1.00 2.00 X 0 0 0 DANIEL ADAMS EXECUTIVE DIRECTOR 13.30 26.70 X 285047 0 32986 AMY THORNTON CHIEF OPERATING OFFICER 13.30 26.70 X 188230 0 29942 ELI WILLIS CHIEF FINANCIAL OFFICER 13.30 26.70 X 0 0 0 LUANN SPANGENBERG LENDING MANAGER 5.00 22.00 X 113392 0 0 586669 0 62928 3 0 1 0 ICFO LLC 615 SOUTH 175 WEST LAYTON UT 84041 ACCOUNTING SERVICES 236125 1 500000 62391 562391 INTEREST INCOME FROM NOTES RECEIV 900099 1147868 1147868 LOAN FEES 900099 223776 223776 1371644 1939747 1939747 3873782 1371644 0 1939747 X 178587 107008 71579 245393 194892 50501 15172 8374 6798 24229 12664 11565 46147 8774 37373 124561 23682 100879 98475 18723 79752 23007 3004 20003 4698 1780 2918 5955 2256 3699 29124 20953 8171 4882 3014 1868 3192 1970 1222 1034064 1034064 7273 5818 1455 12952 9242 3710 STAFF DEVELOPMENT 9293 5942 3351 DUES & SUBSCRIPTIONS 7573 4843 2730 BOARD EXPENSES 880 880 1875457 1467003 408454 0 10488640 12393530 5098737 3962192 68885 58360 454639 485256 26845971 24993549 113 44768 26682 6218 18086 6647314 6455389 4562118 4506199 48810 41667 54221445 52914228 2084106 827084 20215532 17190184 9302936 6424058 31602574 24441326 X 14947165 20103678 7671706 8369224 22618871 28472902 54221445 52914228 X 1998325 5706 3850000 X 0 1 X 1 0 X 226103 60642 91018 65476 562391 1005630 226103 60642 91018 65476 562391 1005630 1005630 86337 105634 475315 733936 1939747 3340969 4346599 4804518 0.23140 0.24510 X AFFORDA DOES NOT MEET THE 33 1/3% PUBLIC SUPPORT TEST FOR THE YEARS ENDED DECEMBER 31, 2024 THROUGH DECEMBER 31, 2025. HOWEVER, BASED ON THE FOLLOWING FACTS AND CIRCUMSTANCES, AFFORDA SHOULD CONTINUE TO BE RECOGNIZED AS A PUBLICLY SUPPORTED ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 509(A)(1).TEN-PERCENT OF SUPPORT:AFFORDA'S TOTAL PUBLIC SUPPORT FOR THE APPLICABLE TESTING PERIOD IS 23.136019%. THEREFORE, AFFORDA'S TOTAL PUBLIC SUPPORT EXCEEDS THE REQUIRED 10% THRESHOLD FOR CONSIDERATION UNDER THE FACTS-AND-CIRCUMSTANCES PUBLIC SUPPORT TEST.ATTRACTION OF PUBLIC SUPPORT:AFFORDA DOES NOT RECEIVE MORE THAN 33 1/3% OF ITS SUPPORT FROM GOVERNMENT UNITS OR FROM CONTRIBUTIONS FROM THE GENERAL PUBLIC DUE TO THE FACT THAT IN PRIOR YEARS THE ORGANIZATION DID NOT ACTIVELY SEEK OUT CONTRIBUTIONS THROUGH FUNDRAISING. HOWEVER, AFFORDA HAS TAKEN MEANINGFUL AND ONGOING STEPS TO ATTRACT AND EXPAND GOVERNMENTAL AND PUBLIC SUPPORT FOR ITS CHARITABLE MISSION. OVER THE PAST SEVERAL YEARS, AFFORDA HAS IMPLEMENTED A GOVERNMENT RELATIONS STRATEGY DESIGNED TO INCREASE STATE OF UTAH PARTICIPATION IN AFFORDABLE HOUSING FINANCE AND TO LEVERAGE PUBLIC FUNDING WITH PRIVATE FINANCIAL INSTITUTION CAPITAL. THESE EFFORTS RESULTED IN ONE-TIME STATE OF UTAH FUNDING RECEIVED IN CALENDAR YEAR 2025 AND CALENDAR YEAR 2026 AND ONGOING STATE FUNDING ANNUALLY BEGINNING IN 2026.AFFORDA ALSO WORKS EXTENSIVELY WITH BANKS, CREDIT UNIONS, GOVERNMENTAL AGENCIES, HOUSING FINANCE ORGANIZATIONS, NONPROFIT AFFORDABLE HOUSING PROVIDERS, DEVELOPERS, AND OTHER COMMUNITY PARTNERS TO INCREASE THE AVAILABILITY OF CAPITAL FOR AFFORDABLE HOUSING THROUGHOUT UTAH. AFFORDA OPERATES TWO LEVERAGED COMMUNITY REINVESTMENT ACT (CRA) LOAN FUNDS IN PARTNERSHIP WITH FINANCIAL INSTITUTIONS TO PROVIDE ACQUISITION AND PREDEVELOPMENT FINANCING FOR AFFORDABLE HOUSING PROJECTS. THESE LEVERAGED FUNDING MODELS COMBINE AFFORDA RESOURCES WITH FUNDING FROM PARTICIPATING FINANCIAL INSTITUTIONS AND, INCREASINGLY, GOVERNMENTAL SOURCES TO EXPAND THE AMOUNT OF CAPITAL AVAILABLE FOR CHARITABLE AFFORDABLE HOUSING PURPOSES.AFFORDA'S CONTINUED EFFORTS TO OBTAIN GOVERNMENTAL SUPPORT, ENGAGE FINANCIAL INSTITUTIONS, DEVELOP NEW FUNDING PARTNERSHIPS, AND EXPAND THE RESOURCES AVAILABLE FOR AFFORDABLE HOUSING DEMONSTRATE AN ONGOING PROGRAM TO ATTRACT BROAD PUBLIC AND INSTITUTIONAL SUPPORT RATHER THAN RELYING UPON A LIMITED NUMBER OF PRIVATE CONTRIBUTORS.SOURCES OF SUPPORT:AFFORDA IS NOT SUPPORTED OR CONTROLLED BY A SINGLE INDIVIDUAL, FAMILY, DONOR, OR NARROW GROUP OF PRIVATE INTERESTS. ITS FINANCIAL RESOURCES COME FROM A VARIETY OF SOURCES, INCLUDING GOVERNMENTAL FUNDING, FINANCIAL INSTITUTIONS PARTICIPATING IN LEVERAGED CRA LOAN FUNDS, ORGANIZATIONAL RESOURCES, LOAN REPAYMENTS AND RELATED LENDING ACTIVITY, AND OTHER SOURCES SUPPORTING ITS AFFORDABLE HOUSING MISSION.AFFORDA USES THESE RESOURCES TO PROVIDE ACQUISITION AND PREDEVELOPMENT FINANCING FOR AFFORDABLE HOUSING DEVELOPMENTS THROUGHOUT UTAH. IN ADDITION TO ITS LEVERAGED CRA LOAN FUNDS, AFFORDA USES OTHER ORGANIZATIONAL RESOURCES TO PROVIDE BELOW-MARKET FINANCING TO NONPROFIT ORGANIZATIONS OPERATING IN THE AFFORDABLE HOUSING SECTOR. THESE ACTIVITIES ARE DESIGNED TO ADDRESS FINANCING GAPS THAT CAN PREVENT NONPROFIT AND MISSION-ORIENTED ORGANIZATIONS FROM ACQUIRING, PRESERVING, OR DEVELOPING AFFORDABLE HOUSING.AFFORDA ALSO OWNS SEVERAL AFFORDABLE HOUSING PROPERTIES THAT PROVIDE HOUSING TO RESIDENTS MEETING APPLICABLE FEDERAL LOW- AND MODERATE-INCOME DEFINITIONS. THROUGH THESE PROPERTIES, AFFORDA DIRECTLY PROVIDES AFFORDABLE HOUSING OPPORTUNITIES TO MEMBERS OF THE GENERAL PUBLIC WHO MEET APPLICABLE INCOME QUALIFICATIONS.CERTAIN AFFORDA-OWNED PROPERTIES ARE ALSO MADE AVAILABLE TO NONPROFIT ORGANIZATIONS, PUBLIC OFFICIALS, COMMUNITY PARTNERS, AND OTHER STAKEHOLDERS FOR MEETINGS, OPEN HOUSES, EDUCATIONAL ACTIVITIES, AND SIMILAR EVENTS. THESE ACTIVITIES HELP INCREASE AWARENESS OF AFFORDABLE HOUSING NEEDS, FACILITATE COLLABORATION AMONG ORGANIZATIONS WORKING IN THE AFFORDABLE HOUSING FIELD, AND ENCOURAGE BROADER COMMUNITY PARTICIPATION IN ADDRESSING UTAH'S AFFORDABLE HOUSING CHALLENGES.REPRESENTATIVE GOVERNING BODY:AFFORDA IS GOVERNED BY A DIVERSE BOARD OF DIRECTORS THAT REPRESENTS BROAD PUBLIC AND COMMUNITY INTERESTS RATHER THAN THE INTERESTS OF PARTICULAR DONORS, LENDERS, DEVELOPERS, OR OTHER PRIVATE PARTIES. THE BOARD INCLUDES INDIVIDUALS WITH SUBSTANTIAL PROFESSIONAL EXPERIENCE IN AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT, INCLUDING AFFORDABLE HOUSING DEVELOPERS, COMMERCIAL REAL ESTATE PROFESSIONALS AND BROKERS, HOUSING FINANCE AGENCY REPRESENTATIVES, BANKERS, CREDIT UNION REPRESENTATIVES, AND ATTORNEYS.THE DIVERSITY OF PROFESSIONAL BACKGROUNDS AND COMMUNITY PERSPECTIVES REPRESENTED ON AFFORDA'S BOARD PROVIDES MEANINGFUL PUBLIC OVERSIGHT OF THE ORGANIZATION AND HELPS ENSURE THAT ITS PROGRAMS, LENDING ACTIVITIES, INVESTMENTS, AND STRATEGIC PRIORITIES REMAIN FOCUSED ON MEETING AFFORDABLE HOUSING NEEDS THROUGHOUT UTAH. THE BOARD'S COMPOSITION ALSO CONNECTS AFFORDA WITH GOVERNMENTAL, FINANCIAL, LEGAL, REAL ESTATE, AND AFFORDABLE HOUSING COMMUNITIES WHILE MAINTAINING GOVERNANCE FOCUSED ON AFFORDA'S CHARITABLE MISSION.AFFORDA'S GOVERNING BODY, GOVERNMENTAL RELATIONSHIPS, FINANCIAL INSTITUTION PARTNERSHIPS, NONPROFIT PARTNERSHIPS, AFFORDABLE HOUSING OWNERSHIP, BELOW-MARKET LENDING ACTIVITIES, AND COMMUNITY OUTREACH DEMONSTRATE THAT THE ORGANIZATION MAINTAINS SUBSTANTIAL TIES TO THE GENERAL PUBLIC AND SERVES BROAD CHARITABLE AND COMMUNITY INTERESTS.BASED ON THE ABOVE FACTS AND CIRCUMSTANCES, AFFORDA SHOULD CONTINUE TO BE CONSIDERED PUBLICLY SUPPORTED UNDER INTERNAL REVENUE CODE SECTION 509(A)(1). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 44768 26682 18086 18086 VENTURE CAPITAL INVESTMENTS 4506199 F 4506199 ADVANCES PAYABLE TO AFFILIATED NONPROFIT ORGANIZATIONS 6424058 6424058 X 3879488 5706 5706 3873782 0 3873782 1875457 0 1875457 0 1875457 PART X, LINE 2: AFFORDA BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. AFFORDA WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. 1 X X X X 0 0 0 0 0 0 0 1 0 DANIEL ADAMS EXECUTIVE DIRECTOR 240047 0 45000 0 0 0 7200 0 26233 0 318480 0 0 0 AMY THORNTON CHIEF OPERATING OFFICER 150945 0 37285 0 0 0 4528 0 25861 0 218619 0 0 0 PART I, LINE 7 THE ORGANIZATION ANNUALLY REVIEWS THE PERFORMANCES OF THE EXECUTIVE STAFF AND OTHER STAFF TO DETERMINE IF ADDITIONAL COMPENSATION IN THE FORM OF BONUSES WILL BE PAID. DURING CALENDAR YEAR ENDING DECEMBER 31, 2025, BONUSES WERE AWARDED BASED ON REVIEW OF EACH INDIVIDUAL'S PERFORMANCE AND SERVICES TO THE ORGANIZATION. ICFO OFFICER OWNS MORE THAN 35% OF THE ENTITY 236125 CHIEF FINANCIAL OFFICER'S SERVICES 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEW THE FORM 990 BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS FOR AFFORDA (F/K/A UTAH CENTER FOR NEIGHBORHOOD STABILIZATION) SERVES AS THE COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEE PERFORMS AN ANNUAL COMPENSATION REVIEW FOR THE EXECUTIVE DIRECTOR THROUGH AN ANNUAL MARKET ANALYSIS WHICH INCLUDES REVIEW OF COMPARABILITY DATA, TO DETERMINE COMPENSATION AMOUNTS. THE SAME PROCESS USED BY THE COMPENSATION COMMITTEE IS USED BY THE EXECUTIVE DIRECTOR TO DETERMINE THE COMPENSATION AMOUNTS FOR THE CHIEF OPERATING OFFICER AND CHIEF FINANCIAL OFFICER. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART VII AND 990 PART IX, LINE 5: COMPENSATION AND BENEFITS REPORTED ON FORM 990, PART IX, LINE 5 DO NOT TIE IN TOTAL TO WHAT IS REPORTED ON FORM 990, PART VII. THE DIFFERENCE IN REPORTING RELATES TO INTERCOMPANY TRANSACTIONS AND REPORTING BETWEEN THE ORGANIZATION AND ITS RELATED ENTITIES. FORM 990, PART XI, LINE 9: TRANSFERS WITH AFFILIATES 3,850,000. UTAH SMALL BUSINESS GROWTH INITIATIVE 6880 SOUTH 700 WEST 2ND FLOOR MIDVALE UT 84047 455468947 SMALL BUSINESS LENDING UT 841003 6937907 AFFORDA UTAH EQUITABLE TOD FUND LLC 6880 SOUTH 700 WEST 2ND FLOOR MIDVALE UT 84047 474225964 TRANSIT ORIENTED DEVELOPMENT UT 1802027 26991413 AFFORDA AFFORDA FINANCE 6880 SOUTH 700 WEST 2ND FLOOR MIDVALE UT 84047 455465651 FINANCING UT 31018 1376266 AFFORDA AFFORDA ACQUISITION LENDING 6880 SOUTH 700 WEST 2ND FLOOR MIDVALE UT 84047 455465651 LENDING UT 0 57116 AFFORDA UTAH CENTER FOR AFFORDABLE HOUSING 6880 S 700 W 2ND FLOOR MIDVALE UT 84047 270173489 REAL ESTATE UT 501(C)(3) LINE 10 AFFORDA 0 HOUSING PLUS 6880 S 700 W 2ND FLOOR MIDVALE UT 84047 273541853 REAL ESTATE UT 501(C)(3) LINE 10 AFFORDA 0 CANYON CROSSING PROJECT INC 6880 S 700 W 2ND FLOOR MIDVALE UT 84047 800906028 REAL ESTATE UT N/A C 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 HOUSING PLUS D 3060613 OUTSTANDING BALANCE RECEIVABLE HOUSING PLUS Q 167115 REIMBURSED PAYROLL EXPENSES HOUSING PLUS Q 708007 REIMBURSED OTHER EXPENSES UTAH CENTER FOR AFFORDABLE HOUSING Q 140757 REIMBURSED PAYROLL EXPENSES UTAH CENTER FOR AFFORDABLE HOUSING Q 582543 REIMBURSED OTHER EXPENSES