2026-08-16T17:44:48-05:00 2025-12-31 333709623 COHNREZNICK ADVISORY LLC 600 SOUTH TRYON STREET CHARLOTTE NC 28202 990 2025-01-01 030264092 COOPERATIVE FUND OF THE NORTHEAST INC COOP 8008187833 PO BOX 970 WATERTOWN MA 02471 MICHA JOSEPHY EXECUTIVE DIRECTOR 8008187833 2026-08-13 1 LORI ROTHE YOKOBOSKY P01273422 7043329100 2026-08-13 2025 2025-03-06 01:10:19Z STEPHEN BORLA PO BOX 970 WATERTOWN MA 02471 5882424 0 X WWW.COOPERATIVEFUND.ORG X 1975 MA TO ADVANCE COMMUNITY BASED, COOPERATIVE AND DEMOCRATICALLY OWNED OR MANAGED ENTERPRISES. 9 6 15 11 0 0 2116710 2193576 2674592 3288926 454454 399922 0 0 5245756 5882424 0 0 0 0 1709988 1791262 0 0 19024 2320722 3240133 4030710 5031395 1215046 851029 57202948 61347830 42341139 45635057 14861809 15712773 CFNE'S MISSION IS TO WORK FOR ECONOMIC, SOCIAL, AND RACIAL JUSTICE BY ADVANCING COMMUNITY BASED, COOPERATIVE, AND DEMOCRATICALLY OWNED OR MANAGED ENTERPRISES. 0 0 4576370 3288926 IN FURTHERANCE OF THIS MISSION, CFNE MAKES LOANS, PROVIDES OTHER ALTERNATIVE FINANCING, AND OFFERS TECHNICAL ASSISTANCE TO COOPERATIVE ORGANIZATIONS AND SIMILAR ENTERPRISES WITH A PREFERENCE TO ASSISTING COOPERATIVES IN LOW INCOME COMMUNITIES, AND BY OFFERING AN INVESTMENT OPPORTUNITY THAT PROMOTES SOCIALLY CONSCIOUS ENTERPRISE. 4576370 1 1 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 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 382 0 1 15 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 6 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MA X MICHA JOSEPHY 8008187833 PO BOX 970 WATERTOWN MA 02471 JUAN LEYTON PRESIDENT 4.00 X X 0 0 0 JONAH FERTIG-BURD VICE PRESIDENT 4.00 X X 0 0 0 ALIANA PINEIRO TREASURER 4.00 X X 0 0 0 NATASHA LATOUR CLERK 4.00 X X 0 0 0 AMETHYST CAREY TRUSTEE (UNTIL 06/13/2025) 4.00 X 0 0 0 BONNIE HUDSPETH TRUSTEE 4.00 X 0 0 0 JULIAN MCKINLEY TRUSTEE 4.00 X 0 0 0 KIMBERLY R LYLE TRUSTEE 4.00 X 0 0 0 LAUREN DUFFY TRUSTEE 4.00 X 0 0 0 NORA GOSSELIN TRUSTEE 4.00 X 0 0 0 DORIAN GREGORY DEPUTY EXECUTIVE DIRECTOR 40.00 X 149620 0 17289 STEPHEN BORLA FINANCE DIRECTOR 40.00 X 125349 0 17055 MICHA JOSEPHY EXECUTIVE DIRECTOR 40.00 X 169080 0 17872 CAROLYN EDSELL-VETTER PROGRAM DIRECTOR 40.00 X 124648 0 16648 JOHAN MATTHEWS ECOSYSTEM STRATEGY MANAGER 40.00 X 102400 0 16124 LISKA WILSON COMMUNICATIONS DIRECTOR 40.00 X 103795 0 13310 774892 0 98298 6 0 1 0 0 1297500 896076 2193576 INTEREST ON PROGRAM LO 900099 3214252 3214252 OTHER PROGRAM LOAN FEE 900099 74674 74674 3288926 399922 399922 5882424 3288926 0 399922 496265 412136 79852 4277 1079561 896551 173707 9303 27015 22435 4347 233 72228 59984 11622 622 116193 96496 18696 1001 103070 66904 36166 33132 21506 11626 72191 60216 9875 2100 50102 50102 33454 25101 7868 485 113748 74626 38391 731 95484 71345 24041 98 1123017 1123017 22470 12291 10145 34 CREDIT LOSS EXPENSE 1300694 1300694 PARTICIPATION SALES DIS 236250 236250 TECHNICAL ASSISTANCE 23113 23113 DUES AND SUBSCRIPTIONS 11649 9328 2321 21759 14275 7344 140 5031395 4576370 436001 19024 202393 130780 15409921 12427644 45000 40000 123685 252377 283134 41317354 48109106 104595 104789 57202948 61347830 481098 676112 1019199 234199 134819 1137420 40706023 43587326 42341139 45635057 X 14531389 15382353 330420 330420 14861809 15712773 57202948 61347830 851029 -65 0 X 0 1 X 1 0 X 1360869 2941650 1642492 2116710 2193576 10255297 1360869 2941650 1642492 2116710 2193576 10255297 167411 10087886 122725 167456 229574 454454 399922 1374131 11629428 11312683 0.86740 0.85990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 SOCIAL INVESTMENT NOTES, LOANS PAYABLE AND SUBORDINATE DEBT 43299764 OTHER ACCRUED LIABILITIES 287562 43587326 X 5882359 -65 -65 5882424 0 5882424 5031395 0 5031395 0 5031395 PART X, LINE 2: CFNE IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND COMPARABLE STATE STATUTES. CFNE DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024. ALL NONPROFIT CORPORATIONS ARE REQUIRED TO FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THERE ARE NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024, CFNE DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. INCOME TAX RETURNS FILED BY CFNE ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2022 REMAIN OPEN. X X X 0 0 0 0 0 0 0 1 0 MICHA JOSEPHY EXECUTIVE DIRECTOR 167880 0 1200 0 0 0 5072 0 12800 0 186952 0 0 0 DORIAN GREGORY DEPUTY EXECUTIVE DIRECTOR 148420 0 1200 0 0 0 4489 0 12800 0 166909 0 0 0 PART I, LINE 7 INCLUDED IN COLUMN B(II) ARE AMOUNTS REPRESENTING BONUSES. THESE AMOUNTS WERE APPROVED BY THE BOARD AND INCLUDED IN THE INDIVIDUAL'S W-2. BONNIE HUDSPETH MEMBER, BOARD OF DIRECTORS SUPPORT OF MISSION X 5000 5809 0 1 1 MICHA JOSEPHY EXECUTIVE DIRECTOR SUPPORT OF MISSION X 2000 3050 0 1 1 ALIANA PINEIRO TREASURER, BOARD OF DIR. & CHIEF IMPACT OFFICER OF BOSTON IMPACT INITIATIVE SUPPORT OF MISSION X 100000 128561 0 1 1 LAUREN DUFFY MEMBER, BOARD OF DIRECTORS AND COO (NOW CEO) OF UMASS5 CREDIT UNION SUPPORT OF MISSION X 1000000 1000000 0 1 1 DORIAN GREGORY DEPUTY EXECUTIVE DIRECTOR, BOARD MEMBER OF RIVER VALLEY CO-OP BUSINESS LOAN TO BORROWER X 1250000 141567 0 1 1 NATASHA LATOUR CLERK, BOARD OF DIRECTORS AND MARKETING DIRECTOR AT RIVER VALLEY CO-OP BUSINESS LOAN TO BORROWER X 1250000 141567 0 1 1 1420554 FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS THE FORM 990 BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY BOARD AND KEY EMPLOYEES RESUBMIT FORMS DESIGNED TO IDENTIFY ALL CONFLICTS AND POTENTIAL CONFLICTS. ONCE COLLECTED ALL CONFLICTS ARE ADDRESSED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS EXECUTIVE DIRECTOR PERFORMANCE AND COMPENSATION AT OTHER COMPARABLE ENTITIES. THE BOARD THEN APPROVES EXECUTIVE COMPENSATION FOR THE COMING YEAR AND ADOPTS THAT FIGURE INTO THE BUDGET. COMPENSATION OF OTHER EMPLOYEES IS DETERMINED BY THE EXECUTIVE DIRECTOR ANNUALLY AND INCORPORATED INTO THE BUDGET. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. COOPERATIVE CAPITAL FUND OF NEW ENGLAND PO BOX 970 WATERTOWN MA 02471 208980039 FINANCIAL AND EDUCATIONAL ASSISTANCE TO NONPROFITS MA 501(C)(3) LINE 7 CFNE 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0