PHOENIX COMMUNITY DEVELOPMENT AND INVESTMENT CORPORATION
251 W WASHINGTON STREET 9TH FLOOR, PHOENIX, AZ 85003 www.pcdic.org

Total Revenue
$2,956,474
Total Expenses
$1,026,086
Net Assets
$34,270,163

Organizations Filed Purposes: TO ALLEVIATE POVERTY AND COMBAT COMMUNITY DETERIORATION THROUGH SERVING OR PROVIDING INVESTMENT CAPITAL FOR QUALIFIED LOW-INCOME COMMUNITIES THROUGH COMMUNITY DEVELOPMENT ENTITIES IN ACCORDANCE WITH INTERNAL REVENUE CODE SECTION 45D AND THE TREASURY REGULATIONS THEREUNDER.

NEW MARKETS TAX CREDIT LOAN PROGRAM - TO ATTRACT AND PROVIDE FUNDS FOR PROJECTS THAT WILL IMPROVE THE QUALITY OF LIFE OF THOSE INDIVIDUALS WHO LIVE AND WORK IN UNDERSERVED AREAS OF THE COMMUNITY.

NON-NEW MARKETS SMALL BUSINESS LOANS TO BUSINESSES THAT WOULD NOT QUALIFY FOR TRADITIONAL LENDING, DESIGNED TO ASSIST IN THOSE COMMUNITIES THAT WE SERVE.

THE ORGANIZATION AWARDS GRANTS TO NMTC ELIGIBLE YOUTH PURSUING POST-SECONDARY EDUCATION BY PROVIDING ASSISTANCE FOR TUITION AND OTHER NECESSARY QUALIFIED ITEMS. ADDITIONALLY, GRANTS ARE AWARDED TO PROVIDE ASSISTANCE TO THE LMI COMMUNITY, OFTEN TIMES FIRST-GENERATION COLLEGE BOUND STUDENTS, IN ACHIEVING ACADEMIC AND EDUCATIONAL GOALS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Joseph LosadaCOMPTROLLER40$0
Juan SalgadoCHIEF EXECUTIVE OFFICER10$0
Diana Yazzie DevineBOARD MEMBER, SECRETARY1$0
John ChanBOARD MEMBER1$0
Kurt SheppardBOARD MEMBER1$0
Gwendolyn RelfBOARD MEMBER1$0
Ginger SpencerBOARD MEMBER1$0
Phillip BreidenbachBOARD MEMBER, TREASURER1$0
Milton DohoneyBOARD MEMBER, CHAIR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202043219349311754_public.xml