YMCA SF NMTC INC is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS
| Mission Statement | YMCA SF NMTC, Inc. Under the NMTC program, taxpayers receive a 39% tax credit on QEIs that are made in a CDE. In Revenue Ruling 2003-20, the Internal Revenue Service ruled that a taxpayer is permitted to borrow money to make an investment in a CDE. YMCA SF NMTC, Inc. was formed for the purpose of serving as the leverage lender for both the Bayview Project and the Chinatown Project. In connection with the Bayview Project, YMCA SF NMTC, Inc. loaned $3,498,500 to Bayview Fund. These loan proceeds were combined with $1,151,500 contributed to Bayview Fund by an equity investor and permitted Bayview Fund to make an aggregate QEI in Bayview CDE) of $4,650,000. With respect to the Chinatown Project, YMCA SF NMTC, Inc. agreed to loan $11,903,500 to Chinatown Fund. These loan proceeds were combined with equity investment in the Chinatown Fund of $5,596,500 to permit Chinatown Fund to make a = QEI in Chinatown CDE in the amount of $17,500,000. |
| Number of Employees | 0 |
| Number of Volunteers | 8 |
| Year Formed | 2007 |
| 2015-06-30 |
|---|
| Total unrelated business income | USD $ 0 |
| Net unrelated business income | USD $ 0 |
| Program Service Revenue from prior year | USD $ 0 |
| Program Service Revenue from current year | USD $ 0 |
| Investment Income from prior year | USD $ 1,466,637 |
| Investment Income from current year | USD $ 605,518 |
| Other Revenue from prior year | USD $ 0 |
| Other Revenue from current year | USD $ 0 |
| Gross receipts from all sources | USD $ 605,518 |
| Net assets / fund balances at end of fiscal year | USD $ 0 |
| Net assets / fund balances at beginning of fiscal year | USD $ 0 |
| Total liabilities at end of fiscal year | USD $ 0 |
| Total liabilities at beginning of fiscal year | USD $ 19,827,910 |
| Total assets at end of fiscal year | USD $ 0 |
| Total assets at beginning of fiscal year | USD $ 19,827,910 |
| Revenues less expenses for current year | USD $ 0 |
| Revenues less expenses for previous year | USD $ 0 |
| Total expenses for current year | USD $ 605,518 |
| Total expenses for previous year | USD $ 1,466,637 |
| Other expenses in current year | USD $ 605,518 |
| Other expenses in previous year | USD $ 1,466,637 |
| Total fundraising expenses in current year | USD $ 0 |
| Professional fundraising fees from current year | USD $ 0 |
| Professional fundraising fees from previous year | USD $ 0 |
| Employee salary and benefits paid in current year | USD $ 0 |
| Employee salary and benefits paid in previous year | USD $ 0 |
| Benefits paid to or for members in current year | USD $ 0 |
| Benefits paid to or for members in previous year | USD $ 0 |
| Grants and similar amounts paid in current year | USD $ 0 |
| Grants and similar amounts paid in previous year | USD $ 0 |
| Total revenue in current fiscal year | USD $ 605,518 |
| Total revenue in previous fiscal year | USD $ 1,466,637 |
| Contributions and grants from current year | USD $ 0 |
| Contributions and grants from previous year | USD $ 0 |
| Revenue from membership dues | USD $ 0 |
| Total of other revenue | USD $ 0 |
The following addresses have been detected as associated with Tax Indentification Number 261584194
