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ObjectId: 202033149349303328 - Submission: 2020-11-09
TIN: 04-3246552
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
Attach to Form 990.
Go to
www.irs.gov/Form990
for instructions and the latest information.
OMB No. 1545-0047
20
19
Open to Public Inspection
Name of the organization
BCLF VENTURES INC
Employer identification number
04-3246552
Part I
Identification of Disregarded Entities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity
(b)
Primary activity
(c)
Legal domicile (state
or foreign country)
(d)
Total income
(e)
End-of-year assets
(f)
Direct controlling
entity
(1)
AURA MORTGAGE ADVISORS LLC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
20-5460472
MORTGAGE BROKER/LENDER FOR LOW-INCOME PEOPLE & COMMUNITIES
MA
9,181,261
104,609,709
BCLF VENTURES INC
(2)
AURA DIRECT FINANCING LLC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
82-2546573
MORTGAGE BROKER/LENDER FOR LOW-INCOME PEOPLE & COMMUNITIES
MA
0
0
BCLF VENTURES INC
Part II
Identification of Related Tax-Exempt Organizations.
Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization
(b)
Primary activity
(c)
Legal domicile (state
or foreign country)
(d)
Exempt Code section
(e)
Public charity status
(if section 501(c)(3))
(f)
Direct controlling
entity
(g)
Section 512(b)(13) controlled entity?
Yes
No
(1)
BLUEHUB CAPITAL INC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
04-3246555
HOLDING COMPANY FOR AFFILIATES THAT PROVIDE CAPITAL AND COMMUNITY LENDING.
MA
3
7
N/A
Yes
(2)
BCLF MANAGED ASSETS CORP
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
04-3246547
DEVELOPS NEW BUSINESS INITIATIVES AND FUNDING VEHICLES FOR LOW-INCOME IND.
MA
3
PF
N/A
Yes
(3)
BLUEHUB LOAN FUND INC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
22-2593378
COMMUNITY LENDING
MA
3
9
N/A
Yes
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2019
Page 2
Schedule R (Form 990) 2019
Page
2
Part III
Identification of Related Organizations Taxable as a Partnership.
Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization
(b)
Primary activity
(c)
Legal
domicile
(state or foreign
country)
(d)
Direct controlling
entity
(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)
(f)
Share of total income
(g)
Share of end-of-year
assets
(h)
Disproprtionate allocations?
(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
(j)
General or
managing
partner?
(k)
Percentage
ownership
Yes
No
Yes
No
(1)
BCLF VENTURES II LLC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
04-3541544
TO MAKE INVESTMENTS IN BUSINESS THAT BENEFIT LOW-INCOME PEOPLE AND COMM.
MA
BCLF VENTURES INC
RELATED
25,474
348,691
No
Yes
10.000 %
(2)
BCC NMTC CDE VIII LLC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
20-3624456
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS
MA
N/A
(3)
SUN INITIATIVE FINANCING LLC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
27-1367185
TO FINANCE THE OPERATIONS OF THE STABILIZING URBAN NEIGHBORHOODS INITIATIVE
MA
N/A
(4)
BCC SEA QALICB I LLC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
26-3972676
TO FACILITATE THE DELIVERY OF SOLAR ENERGY TO AFFORDABLE HOUSING PROJECTS
DE
N/A
(5)
BCC SEA QALICB II LLC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
37-1709309
TO FACILITATE THE DELIVERY OF SOLAR ENERGY TO AFFORDABLE HOUSING PROJECTS
DE
N/A
(6)
BCC SOLAR III LLC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
37-1768292
TO FACILITATE THE DELIVERY OF SOLAR ENERGY TO AFFORDABLE HOUSING PROJECTS
DE
N/A
(7)
BCC NMTC CDE XXIII LLC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
45-2572463
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS
MA
N/A
(8)
BCC NMTC CDE XXII LLC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
45-2572349
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS
MA
N/A
(9)
BCC NMTC CDE XXIV LLC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
47-2160326
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS
MA
N/A
(10)
BCC NMTC CDE XXVI LLC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
47-2166990
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS
MA
N/A
(11)
BCC NMTC CDE XXVIII LLC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
47-2180069
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS
MA
N/A
(12)
BCC NMTC CDE XXIX LLC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
47-2180884
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS
MA
N/A
(13)
BCC NMTC CDE XXXI LLC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
47-2194680
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS
MA
N/A
Part IV
Identification of Related Organizations Taxable as a Corporation or Trust.
Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
(b)
Primary activity
(c)
Legal
domicile
(state or foreign
country)
(d)
Direct controlling
entity
(e)
Type of entity
(C corp, S corp,
or trust)
(f)
Share of total income
(g)
Share of end-of-year
assets
(h)
Percentage
ownership
(i)
Section 512(b)(13) controlled entity?
Yes
No
(1)
BCC SOLAR ENERGY ADVANTAGE INC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
26-2877536
TO FACILITATE THE DELIVERY OF SOLAR ENERGY TO AFFORDABLE HOUSING PROJECTS
MA
N/A
C
No
(2)
BCC NMTC CDE XII LLC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
26-3773888
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS
MA
N/A
C
No
(3)
BCC NMTC CDE XIII LLC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
26-3774008
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS
MA
N/A
C
No
(4)
BCC NMTC CDE XIV LLC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
45-2562780
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS
MA
N/A
C
No
(5)
BCC NMTC CDE XV LLC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
45-2562861
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS
MA
N/A
C
No
(6)
BCC NMTC CDE XIX LLC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
45-2571732
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS
MA
N/A
C
No
(7)
BCC NMTC CDE XVIILLC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
45-2561963
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS
MA
N/A
C
No
(8)
BCC NMTC CDE XVIIILLC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
45-2563010
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS
MA
N/A
C
No
(9)
BCC NMTC CDE XVILLC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
45-2562908
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS
MA
N/A
C
No
(10)
BCC NMTC CDE XX LLC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
45-2572075
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS
MA
N/A
C
No
(11)
BCC NMTC CDE XXI LLC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
45-2572240
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS
MA
N/A
C
No
(12)
BCC NMTC CDE XXV LLC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
47-2160720
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS
MA
N/A
C
No
(13)
BCC NMTC CDE XXVII LLC
10 MALCOLM X BOULEVARD
BOSTON
,
MA
02119
47-2167286
TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS
MA
N/A
C
No
Schedule R (Form 990) 2019
Page 3
Schedule R (Form 990) 2019
Page
3
Part V
Transactions With Related Organizations.
Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note.
Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1
During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a
Receipt of
(i)
interest,
(ii)
annuities,
(iii)
royalties, or
(iv)
rent from a controlled entity
.....................
1a
No
b
Gift, grant, or capital contribution to related organization(s)
............................
1b
No
c
Gift, grant, or capital contribution from related organization(s)
............................
1c
No
d
Loans or loan guarantees to or for related organization(s)
............................
1d
No
e
Loans or loan guarantees by related organization(s)
............................
1e
No
f
Dividends from related organization(s)
............................
1f
No
g
Sale of assets to related organization(s)
............................
1g
No
h
Purchase of assets from related organization(s)
............................
1h
No
i
Exchange of assets with related organization(s)
............................
1i
No
j
Lease of facilities, equipment, or other assets to related organization(s)
.......................
1j
No
k
Lease of facilities, equipment, or other assets from related organization(s)
......................
1k
No
l
Performance of services or membership or fundraising solicitations for related organization(s)
.....................
1l
No
m
Performance of services or membership or fundraising solicitations by related organization(s)
.................
1m
No
n
Sharing of facilities, equipment, mailing lists, or other assets with related organization(s)
...................
1n
Yes
o
Sharing of paid employees with related organization(s)
............................
1o
Yes
p
Reimbursement paid to related organization(s) for expenses
............................
1p
Yes
q
Reimbursement paid by related organization(s) for expenses
............................
1q
Yes
r
Other transfer of cash or property to related organization(s)
............................
1r
No
s
Other transfer of cash or property from related organization(s)
............................
1s
No
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization
(b)
Transaction
type (a-s)
(c)
Amount involved
(d)
Method of determining amount involved
(1)
BLUEHUB CAPITAL INC
O
70,777
(2)
BLUEHUB CAPITAL INC
N
4,989
Schedule R (Form 990) 2019
Page 4
Schedule R (Form 990) 2019
Page
4
Part VI
Unrelated Organizations Taxable as a Partnership.
Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity
(b)
Primary activity
(c)
Legal domicile
(state or foreign
country)
(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)
(e)
Are all partners
section
501(c)(3)
organizations?
(f)
Share of total income
(g)
Share of
end-of-year
assets
(h)
Disproprtionate allocations?
(i)
Code V-UBI
amount in box 20
of Schedule K-1
(Form 1065)
(j)
General or
managing
partner?
(k)
Percentage
ownership
Yes
No
Yes
No
Yes
No
Schedule R (Form 990) 2019
Page 5
Schedule R (Form 990) 2019
Page
5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R. (see instructions).
Return Reference
Explanation
Schedule R (Form 990) 2019
Additional Data
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