2026-09-21T11:45:05-05:00 2024-12-31 741130599 PATTILLO BROWN & HILL LLP P O BOX 20725 WACO TX 767020725 990 2024-01-01 844371176 MCLENNAN COMMUNITY INVESTMENT FUND MCLE 5122709252 2921 E 17TH ST BLDG D STE 1 AUSTIN TX 78702 MICHELLE POWELL CFO 5122709252 2026-09-21 1 1 SHARON M HERWALD CPA P00079864 2547724901 2024 MICHELLE POWELL 605 AUSTIN AVE WACO TX 76701 243236 0 X N/A X 2020 TX TO SERVE SMALL BUSINESS OWNERS LACKING ACCESS TO TRADITIONAL BANKING SYSTEMS BY OFFERING ACCESS TO CAPITAL AND FINANCIAL HOW-TO ASSISTANCE 6 6 3 0 0 0 316215 234819 15192 6494 0 1923 0 0 331407 243236 0 0 0 0 182335 123721 0 0 456 86277 51675 268612 175396 62795 67840 541068 649380 12097 229868 528971 419512 TO SERVE SMALL BUSINESS OWNERS LACKING ACCESS TO TRADITIONAL BANKING SYSTEMS BY OFFERING ACCESS TO CAPITAL AND FINANCIAL HOW-TO ASSISTANCE 0 0 126258 6494 MCLENNAN COMMUNITY INVESTMENT FUND (MCCIF) IS A FINANCING ENTITY THAT OBTAINS A CERTIFICATION FROM THE COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND OF THE US TREASURY DEPARTMENT FOR THE PURPOSE OF PROVIDING LOANS TO SMALL BUSINESS OWNERS WHO HAVE NOT HAD ACCESS TO CAPITAL PROVIDED BY TRADITIONAL FINANCIAL INSTITUTIONS SUCH AS BANKS, SAVINGS AND LOANS, AND CREDIT UNIONS. THE LOAN PROGRAM IS MCCIF'S ONLY PROGRAM ACTIVITY. 126258 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 3 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 X CRIS HOUSTON 2544005480 605 AUSTIN AVENUE WACO TX 76701 X ALFRED SOLANO PRESIDENT 2.00 X X 0 0 0 JOHN ALEXANDER VICE PRESIDENT 2.00 X X 0 0 0 JOCELYN WILLIAMS SECRETARY 2.00 X X 0 0 0 JANE ALLEN TREASURER 2.00 X X 0 0 0 ANDREA BAREFIELD DIRECTOR 2.00 X 0 0 0 AUSTIN BUCHS DIRECTOR 2.00 X 0 0 0 TOM CHASE DIRECTOR 2.00 X 0 0 0 PATRICIA MILLER DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 0 169400 65419 234819 LENDING PROGRAM 525990 6494 6494 6494 1923 1923 243236 6494 0 1923 106430 90466 15964 9271 7880 1391 8020 6817 1203 7890 7890 16013 16013 1200 1200 3317 2820 331 166 2276 1821 455 2897 2173 434 290 2800 2240 560 1800 1800 1272 1018 254 BAD DEBT 12044 12044 DUES 166 133 33 175396 126258 48682 456 359132 401873 54622 114895 4370 127314 128162 80 541068 649380 297 192 227900 11800 1776 12097 229868 X 109566 112519 419405 306993 528971 419512 541068 649380 67840 -177299 0 X X 0 1 X 1 0 X 236000 212292 194310 316216 234819 1193637 236000 212292 194310 316216 234819 1193637 1193637 4 7851 1923 9778 1203415 25960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 PAYROLL TAXES PAYABLE 1776 1776 X 252184 8948 8948 243236 0 243236 184344 8948 8948 175396 0 175396 PART X, LINE 2: THE ORGANIZATION IS A TAX EXEMPT ENTITY FOR FEDERAL INCOME TAX PURPOSES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AS LONG AS THE INCOME DERIVED IS FROM THE ACTIVITIES FOR WHICH ITS CHARITABLE EXEMPTION WAS GRANTED. UNRELATED BUSINESS INCOME IS SUBJECT TO FEDERAL INCOME TAXES AT CORPORATE TAX RATES. THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME IN THE YEAR ENDED DECEMBER 31, 2024 OR 2023. THERE WERE ALSO NO UNCERTAIN TAX POSITIONS IN EITHER YEAR. THE ORGANIZATION'S TAX RETURNS ARE GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR THREE YEARS AFTER THE DATE OF FILING. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF FORM 990 WAS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO THE FILING WITH THE IRS. BOARD MEMBERS WERE GIVEN THE OPPORTUNITY TO ASK QUESTIONS AND PROVIDE COMMENTS BEFORE THE RETURN WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C MCLENNAN COMMUNITY INVESTMENT FUND HAS EMPLOYEES AND BOARD MEMBERS TO COMPLETE THE CONFLICT OF INTEREST FORM YEARLY AND ENSURES THAT DISCLOSURES OF ANY POTENTIAL CONFLICTS OF INTEREST ARE MADE THAT THE ORGANIZATION CAN CONDUCT ITS BUSINESS WITHOUT UNKNOWINGLY ENTERING INTO BUSINESS RELATIONSHIPS THAT PRESENT CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION WAS ESTABLISHED BY THE BOARD OF DIRECTORS ALONG WITH AN EXTERNAL HR FIRM. FORM 990, PART VI, SECTION C, LINE 18 NO DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 1: BASED ON ADVICE AND BEST PRACTICE FROM OUR AUDITORS, IT WAS RECOMMENDED THAT WE MAKE A CHANGE FROM CASH TO ACCRUAL BASIS OF ACCOUNTING IN 2023. THE PRIOR PERIOD ADJUSTMENT ON THE 2024 RETURN REFLECTS THIS CHANGE, FORM 990, PART XII, LINE 2C THE RESPONSIBILITY FOR AUDIT OVERSIGHT, INCLUDING THE SELECTION, ENGAGEMENT, AND MONITORING OF THE INDEPENDENT AUDITOR, RESIDES WITH THE BOARD OF DIRECTORS OF THE ORGANIZATION. THE BOARD OF DIRECTORS IS RESPONSIBLE FOR ESTABLISHING AND MAINTAINING THE CONTROL ENVIRONMENT, OVERSEEING COMPLIANCE WITH APPLICABLE REQUIREMENTS, AND ENSURING THAT APPROPRIATE AUDIT SERVICES ARE PROCURED AND PERFORMED. AS PART OF THESE RESPONSIBILITIES, THE BOARD OF DIRECTORS EVALUATES AUDITOR QUALIFICATIONS, MANAGES THE AUDITOR SELECTION PROCESS, AND OVERSEES THE SCOPE AND EXECUTION OF AUDIT ACTIVITIES.