2024-05-08T13:49:49-07:00 2023-12-31 990EZ 2023-01-01 203317176 SEATTLE COMMUNITY INVESTMENTS SEAT 2066153559 101 Elliot Ave W SEATTLE WA 98119 Ariana Martinez Accounting Supervisor 2066153377 2024-05-08 Ariana Martinez 999009999 1 1 11 0 AAL2 2023 2023-04-26 12:10:37Z X X X X X 287 X 0 0 0 239 0 0 0 0 0 0 0 0 0 0 48 287 0 0 0 525 0 0 1636 2161 -1874 30316 0 28442 X 31978 30016 0 0 592 592 32570 30608 2254 2166 30316 28442 X PRIMARY EXEMPT PURPOSE IS TO SERVE OR PROVIDE INVESTMENT CAPITAL TO LOW-INCOME COMMUNITIES OR LOW-INCOME PERSONS. MINIMAL ACTIVITY DURING THE YEAR 0 2161 2161 PAUL PURCELL PRESIDENT 1 0 0 0 DORENE CORNWELL VICE PRESIDENT 0.5 0 0 0 ROD BRANDON SECRETARY / TREASURER 0.5 0 0 0 JARED CUMMER MEMBER 0.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 JARED CUMMER 101 Elliot Ave W SEATTLE WA 98119 2066153559 0 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X X 1 SEATTLE HOUSING AUTHORITY 916000977 6 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Form 990-EZ, Part I, Line 4 Interest Income recorded Form 990-EZ, Part I, Line 8 Description;Amount^Rebates;48^Total;48^ Form 990-EZ, Part I, Line 16 Description;Amount^Miscellaneous;622|Insurance;1014^Total;1636^ Form 990-EZ, Part II, Line 24 Description;EOY Amount^Prepaid insurance;592^Total;592^ Form 990-EZ, Part II, Line 26 Description;EOY Amount^Accounts Payable;2166^Total;2166^ Form 990-EZ, Part III, Line (28-31) THE CORPORATION WAS THE RECIPIENT OF AN ALLOCATION OF NEW MARKET TAX CREDITS AS PART OF THE NEW MARKETS TAX CREDIT PROGRAM, PURSUANT TO SECTION 45D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE"). THE ALLOCATION WAS SUB-ALLOCATED TO A SUBSIDIARY OF COMMUNITY DEVELOPMENT ENTITY, SEATTLE COMMUNITY INVESTMENTS SUB-CODE I, LLC, WHICH IN TURN RECEIVED QUALIFIED EQUITY INVESTMENTS TO MAKE LOANS TO QUALIFIED ACTIVE LOW-INCOME COMMUNITY BUSINESS (QALICBS), AS DEFINED IN THE CODE. FIVE LOANS IN TOTAL WERE MADE AT INTEREST RATES BELOW MARKET INTEREST RATES, RECIPIENTS INCLUDED: NEIGHBORHOOD HOUSE HIGH POINT QALICB, YWCA GREENBRIDGE, LLC AND THE YOUNG WOMEN'S SERVICE ASSOCIATION OF SEATTLE-KING COUNTY. ALL RECIPIENTS QUALIFIED AS QALICBS, AS DEFINED IN THE CODE PROCEEDS OF THE LOANS ARE USED TO REVITALIZE AND BENEFIT THE LOW-INCOME COMMUNITIES IN WHICH THEY OPERATE.