2024-11-04T07:42:06-06:00 2023-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2023-01-01 521750670 COMMUNITY HEALTH FACILITIES FUND INC COMM 2033595609 6 LANDMARK SQUARE 400 STAMFORD CT 06901 CHRISTOPHER CONLEY PRESIDENT 2033595609 2024-11-04 1 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2023 2024-10-15 13:58:12Z CHRISTOPHER CONLEY 6 LANDMARK SQUARE 400 STAMFORD CT 06901 39724 0 X WWW.CHFF.ORG X 1991 DC SEE PART III, LINE 1. 3 3 0 3 0 0 0 0 36716 39724 0 0 0 0 36716 39724 0 0 0 0 0 0 0 0 0 139781 164400 139781 164400 -103065 -124676 868399 747971 32059 36307 836340 711664 X TO PROVIDE LONG-TERM CREDIT ENHANCEMENT FOR TAX-EXEMPT LOANS TO NONPROFIT COMMUNITY-BASED BEHAVIORAL HEALTHCARE ORGANIZATIONS (CHBOS) WHICH HAVE A NEED TO CONSTRUCT, RENOVATE OR EQUIP FACILITIES AND TO PROVIDE TECHNICAL ASSISTANCE TO CHBOS WHICH ARE EITHER APPLYING FOR A LOAN OR HAVE RECEIVED LOANS BY ASSISTING THEM IN TECHNIQUES OF FINANCIAL MANAGEMENT IN ORDER TO ENSURE PROMPT AND SUCCESSFUL PAYMENT OF THE LOAN. 0 0 143327 39724 TECHNICAL ASSISTANCE TO BORROWERS WHICH ARE APPLYING FOR A LOAN OR HAVE RECEIVED LOANS AND ARE ASSISTING THEM IN THE TECHNIQUES OF FINANCIAL MANAGEMENT. WORKED WITH ONE ORGANIZATION ON FINANCING, REFINANCING NEEDS TOTALING APPROXIMATELY $500,000 AND WORKED WITH ONE ORGANIZATION ON TECHNICAL ASSISTANCE. 143327 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 1 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X CHRISTOPHER CONLEY 2033595609 6 LANDMARK SQUARE 4TH FLOOR STAMFORD CT 06901 X CHRISTOPHER CONLEY PRESIDENT 2.00 X X 0 0 0 DEAN ADAMS TREASURER 2.00 X X 0 0 0 LARRY TAUB SECRETARY 2.00 X X 0 0 0 0 0 0 0 0 0 0 NON-PROFIT CAPITAL LLC 153 CLINTON RD STERLING MA 01564 MANAGEMENT SERVICES 141750 0 LINE OF CREDIT INT INC 525990 30959 30959 CERTIFICATE INCOME 525990 8765 8765 39724 39724 39724 0 0 141750 141750 9300 9300 2120 2120 9653 9653 PNC FEE 1577 1577 164400 143327 21073 0 28302 28302 307464 156078 497642 528600 34991 34991 868399 747971 32059 36307 32059 36307 X 836340 711664 836340 711664 868399 747971 -124676 0 X 0 0 0 X X X 2 PSYCHIATRIC REHABILITATION ASSOC 232008207 10 1 0 0 NATL COUNCIL FOR BEHAVIORAL HEALTH 237092671 10 1 0 0 2 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 SCHEDULE A, PART IV SECTION A, LINE 1 COMMUNITY HEALTH FACILITIES FUND ("CHFF") DESIGNATES ITS SUPPORTED ORGANIZATIONS BY CLASS, PURSUANT TO ARTICLE TWO OF CHFF'S ARTICLES OF INCORPORATION AND TREAS. REG. 1.509(A)-4(D)(2). CHFF IS OPERATED, SUPERVISED, OR CONTROLLED BY TWO OF ITS SUPPORTED ORGANIZATIONS, THE NATIONAL COUNCIL FOR BEHAVIORAL HEALTH ("NCBH") (ORIGINALLY THE NATIONAL COUNCIL OF COMMUNITY MENTAL HEALTH CENTERS) AND THE PSYCHIATRIC REHABILITATION ASSOCIATION ("PRA") (ORIGINALLY THE INTERNATIONAL ASSOCIATION OF PSYCHOSOCIAL REHABILITATION SERVICES), EACH OF WHICH IS A PUBLICLY SUPPORTED ORGANIZATION. CHFF'S CLASS OF DESIGNATED BENEFICIARIES IS COMPOSED OF "NONPROFIT PROVIDERS OF MENTAL HEALTH, SUBSTANCE ABUSE, REHABILITATION, AND/OR DEVELOPMENTAL DISABILITY SERVICES." ARTICLE TWO OF CHFF'S ARTICLES OF INCORPORATION. IN ADDITION, CHFF HAS A HISTORIC AND CONTINUING RELATIONSHIP WITH NCBH AND PRA. CHFF WAS, IN FACT, ORIGINALLY CREATED FOR THE EXPRESS PURPOSE OF SUPPORTING THE CAPITAL NEEDS OF THE MEMBERS OF NCBH AND PRA, AND HAS CONTINUED TO DO SO TO THE PRESENT DAY, AS FOLLOWS: (1) IT ESTABLISHED A REVOLVING LOAN AND LOAN GUARANTEE FUND TO SUPPORT THE CAPITAL NEEDS OF NONPROFIT COMMUNITY BEHAVIORAL HEALTHCARE ORGANIZATIONS, FOR THE CONSTRUCTION, RENOVATION, AND/OR EQUIPPING OF ITS FACILITIES. THIS WAS IMPORTANT TO THE MEMBERS OF THE SUPPORTED ORGANIZATIONS, SINCE SAID MEMBERS WERE OFTEN UNABLE TO OBTAIN FUNDING FOR THOSE PURPOSES AT COMPETITIVE INTEREST RATES; CHFF PROVIDED ACCESS TO LOANS FOR THE ABOVE-STATED PURPOSES AT MORE AFFORDABLE RATES; AND (2) IT HAS PROVIDED TECHNICAL ASSISTANCE TO BEHAVIORAL HEALTHCARE ORGANIZATIONS WHO HAVE SOUGHT LOANS, HELPING THEM TO ORGANIZE AND IMPROVE THEIR FINANCIAL STRUCTURE AND RESOURCES TO MAXIMIZE THEIR ABILITY TO OBTAIN THE DESIRED LOAN, AND ALSO HELPING THEM TO IMPROVE THEIR FINANCIAL MANAGEMENT, TO BETTER ASSURE THE PROMPT AND SUCCESSFUL REPAYMENT OF THE LOAN. SCHEDULE A, PART IV SECTION B, LINE 1 EACH OF THE SUPPORTED ORGANIZATIONS IS ENTITLED TO APPOINT ONE DIRECTOR, AND TWO OF THE THREE DIRECTORS CURRENTLY SERVING WERE APPOINTED BY THE SUPPORTED ORGANIZATIONS. THE TWO DIRECTORS APPOINTED BY THE SUPPORTED ORGANIZATIONS, IN TURN, ELECT THE OTHER DIRECTOR. FORM 990, PART VI, SECTION A, LINE 3 CHFF PAID NON-PROFIT CAPITAL TO MANAGE THE ORGANIZATION'S DAY-TO-DAY OPERATIONS. THE AMOUNT PAID TO NON-PROFIT CAPITAL IS DISCLOSED ON PART IX, LINE 11A. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS TWO MEMBERS: THE NATIONAL COUNCIL FOR COMMUNITY BEHAVIORAL HEALTHCARE AND U.S. PSYCHIATRIC REHABILITATION ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER ORGANIZATION CAN ELECT ONE BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS WITH ASSISTANCE FROM THE ORGANIZATION'S MANAGEMENT COMPANY. DRAFTS OF THE RETURN ARE REVIEWED BY THE MANAGEMENT COMPANY. ONCE FINALIZED, A COPY WAS SENT TO THE ENTIRE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE COMMUNITY HEALTH FACILITIES FUND HAS A SMALL BOARD AND EACH MEMBER IS REQUIRED BY ITS BY-LAWS TO MAKE TIMELY DISCLOSURE SO THAT IT MAY BE PART OF THE BOARD OF DIRECTORS' CONSIDERATION OF THE TRANSACTION. THE PERSON HOLDING THE CONFLICTED INTEREST REFRAINS FROM PARTICIPATING IN CONSIDERATION, EXCEPT AS DIRECTED BY THE REMAINING MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.