Greetings

I took the road less traveled by, and that has made all the difference.

NortherN CaliforNia CommuNity loaN fuNd

from

AnnuAl RepoRt

2012

Our Mission.The Northern California Community Loan Fund promotes economic justice and alleviates poverty by increasing the financial resilience and sustainability of community-based nonprofits and enterprises.

Through flexible financial products and sound advice, we create opportunities to make socially responsible investments that revitalize Northern California communities.

Our Vision.The Northern California Community Loan Fund envisions financially strong and culturally vibrant communities where each person has access to decent jobs, homes, health care, education, and economic opportunities. We work in partnership with individuals and organizations who share our vision of sustainable communities and social and economic justice.

Celebrating 25 years of

service to Northern California

communities

A Message from NCClf’s PresideNt aNd Board Chair

When NCCLF was founded over twenty-five years ago, the road we chose to embark upon is the one that leads to economic growth, to healthy communities, to the education and employment opportunities people mired in poverty need to make a better life for themselves and their families. Yet, as Frost’s famous poem implies, the less traveled path is not always clear, and it’s often strewn with obstacles. In this case, the less-traveled road is the difficult journey out of poverty, deprivation, and economic decline into a new world of hope and possibilities. Helping people in need traverse that path is the heart of NCCLF’s mission. NCCLF and our fellow Community Development Financial Institutions have designed the right roadmap to revitalization for people living in poverty and distressed communities. Throughout our history, NCCLF’s loans and financial expertise

Cover photo: Kirke Wilson, Chair, NCCLF Board of Directors and Mary A. Rogier, NCCLF President. (Photo by Julio Martinez)

have guided community-based organizations providing the services and facilities needed to transform neighborhoods, lives, and futures.

Building affordable homes, providing health care, educating our youth, caring for our seniors and people with disabilities, creating employment opportunities, enriching our lives through the arts – the organizations NCCLF serves do all this and more. We strive to use what we know about financing and nonprofit financial management to clear the path and find a new way forward.

We invite you to accompany us on this journey, as set forth in this, our FY 2012 Annual Report. We hope it provides an inspiring glimpse of the good that can be accomplished when creatively deployed capital is united with a core mission of social justice. We deeply appreciate your generous support over these many years. For it is thanks to each one of you that we can say with pride that we took the road less traveled by – and our work has made all the difference!

I shall be telling this with a sighSomewhere ages and ages hence:Two roads diverged in a wood, and I -I took the one less travelled by, And that has made all the difference.

from The Road Not Taken, Robert Frost

Celebrating Twenty-five years of serviCe to NortherN CaliforNia

Cover photo: (left to right) Some of NCCLF’s founders; Kirby Sacks, Helen Cohen, and Peter Stern. (Photo by Julio Martinez)

In 1985, a working group of over thirty community representatives, financial professionals, funders, and housing specialists began meeting to create the Northern California Community Loan Fund. United by a shared commitment to community revitalization, they believed in creating opportunities where their investment dollars could transform Northern California’s neediest communities by investing in the network of nonprofit housing developers and social service providers serving them. In 1987, these founding members incorporated NCCLF as a 501(c)(3) nonprofit, opened its doors to investors, and began making loans.

In those twenty-five years, NCCLF has become a regional lender and technical assistance provider, supplying loan capital and financial training to organizations that develop affordable housing, community facilities, job training programs, and vital human services throughout Northern California.

Both the U.S. Treasury Department and the State of California have certified NCCLF as a Community Development Financial Institution (CDFI), and we have a lender’s license from the California Department of Corporations.

In 2012, NCCLF was proud to receive a AAA1 CARS™ rating, the highest rating possible. We are one of only five CDFIs nationwide to receive this rating. CARS™ (CDFI Assessment and Ratings System) is the only comprehensive, third-party assessment of a CDFI’s financial strength and performance and, most importantly, level of community impact.

The best way to understand NCCLF’s impact is to hear about the vitally important work of our clients. We hope you enjoy the stories we’ve prepared for you in this annual report. It’s been a long and interesting journey, and we look forward to further travels with your support.

in 2012, NCClf celebrated twenty-five years of service to

Northern California.

Twenty-five years of NCClf’s leNdiNg serviCes

In our twenty-five year history, NCCLF has provided loans to hundreds of nonprofit organizations that develop affordable housing, community facilities, job training programs, and vital human services throughout Northern California. We meet these organizations’ needs in a variety of ways.

In 2001, we loaned $216,000 to Loaves & Fishes, a Contra Costa County homeless service provider to build a catering kitchen. The organization had started in 1983 as a volunteer sandwich giveaway and quickly expanded to using local churches for makeshift kitchens. When the organization realized they needed their own kitchen, they turned to NCCLF for help.

Along with the loan, NCCLF also provided technical assistance in construction oversight. Today, Loaves & Fishes serves free, hot nutritious meals to the hungry from eight locations throughout Contra Costa County and distributes 60 tons of groceries annually to those in need.

NCCLF works with many of our nonprofit clients on a long-term basis, providing different financial services as needs change over the years. Alzheimer’s Services of the East Bay

Cover photo: A volunteer in the kitchen at Loaves & Fishes of Contra Costa County. (Photo courtesy of Loaves & Fishes)

(ASEB) is a nonprofit community organization in Berkeley that provides services for individuals with dementia and their families. Nearly 65% of their clients are low-income; many are women and minorities. In 1994, we provided a real estate loan for a new facility; in 2000, we provided a $100,000 line of credit to assist the organization’s cash flow; and in 2002, we even gave them a “car loan” so they could buy a nine-passenger shuttle bus to transport clients between their homes and ASEB’s adult day care program.

NCCLF partners with nonprofit organizations for multiple projects, at different stages in their organizational growth, and in varying economic climates to strengthen their sustainability. While our products may change over time, our goal is always the same: to help our clients serve their communities and thrive.

While our products may change over time, our goal is always the same: to help our

clients serve their communities and thrive.

Twenty-five years of NCClf’s CoNsultiNg aNd traiNiNg serviCes

The financial strength of a nonprofit determines its long-term sustainability. Building its financial capacity ensures that an organization makes informed decisions that lay a strong foundation for the future. In 2001, NCCLF designed a financial and real estate consulting and training program to teach nonprofits how to use resources strategically – how to align the money with the mission. Since that time, NCCLF’s consulting staff has helped support and strengthen hundreds of nonprofit organizations throughout Northern California.

Central City Hospitality House (CCHH) has been a beacon of hope for the homeless community in San Francisco since 1967. Their programs include two Self-Help Centers, a Community Arts Program, a Community Building Program, and a shelter for homeless men. In 2002, NCCLF worked with CCHH to improve its budgeting process. In 2010, we helped them locate a temporary space for their Community Arts Program, the only

Cover photo: An artist at work at Hospitality House, located in San Francisco’s Central Market. (Photo by Julio Martinez)

free-of-charge fine arts studio for homeless and poor artists in San Francisco. The program relies heavily on sales of the art they create. Since their move to the Central Market Arts District, art sales have tripled, and the number of people stopping to view the art in the windows has skyrocketed. In 2011, NCCLF conducted a review of CCHH’s program budgets to help them strengthen their financial position and make critical decisions about their future, including a long-term lease for the Community Arts Program to remain in their current space.

As part of NCCLF’s commitment to strengthen the service capabilities of Northern California nonprofits, our consulting and training program has helped hundreds of nonprofits make smart, sound, financial and real estate choices that strengthen their bottom line and achieve their mission.

our consulting and training program has helped hundreds of nonprofits make smart,

sound, financial and real estate choices.

New Market Tax Credits revitaliziNg loW-iNCome CommuNities

The federal New Markets Tax Credit (NMTC) program revitalizes distressed communities by encouraging private investment and economic growth. The program attracts investment capital by offering private investors a tax credit in exchange for making equity investments in economic revitalization projects. Over the past four years, NCCLF has received $60 million in NMTC allocation authority.

We are proud that our first NMTC client was the Ed Roberts Campus. Named after the inspirational disability advocate and founder of UC Berkeley’s Physically Disabled Students Program, the Ed Roberts Campus is an international model of dedication to disability rights and universal access. The 80,000 sq. ft. building, located at the Ashby BART station in Berkeley, incorporates exhibition space, community meeting rooms, a child development center, a fitness center, offices for nonprofit organizations, and vocational training facilities. The Campus integrates sophisticated design solutions to provide universal access and environmentally sustainable development.

NCCLF worked with Catholic Healthcare West, Mercy Partnership Fund, the National Development Fund, and JPMorgan Chase in a public-private partnership to finance the project.

Since this first allocation, NCCLF has distributed an additional $35 million in New Market Tax Credits to other projects, using our NMTC expertise to create new jobs and other benefits in some of Northern California’s most distressed communities. We have found creative ways to use this program to improve the lives of thousands of our region’s most impoverished citizens.

Cover photo: The Ed Roberts Campus under construction in 2008 and today. (Photos by Roy Manzanares)

We use our New market tax Credit expertise to create new jobs.

Social Impact: Bringing New Capital to Communities in Need

Total Lending

1987-2012FY2012

Total Financing Leverage

Housing UnitsCreated/Preserved

$91,669,816 $13,520,374

$50,372,799

85

$1,069,586,077

5,742

Our loans support nonprofit projects and enterprises that benefit low-income residents or communities throughout the 46 northernmost counties of California.

ClientsServed

Jobs Created/Preserved

Facility Sq. Ft. Created/Preserved

105,513

1,449

129,696

703,108

14,459

1,517,845

Social Impact: Bringing New Capital to Communities in Need

1987-2012FY2012

our flexible loan terms help develop affordable housing, community facilities, job training programs, and vital human services throughout Northern California.

Sources of Loan Capital

Permanent Capital

Banks

Foundations

Religious/Health Organizations

Individuals

Government

Nonprofit/Associations

26%

26%

17%

16%

1%

1%

14%

$14 million

$12 million

$10 million

$8 million

$6 million

$4 million

$2 million

NCCLF’s Lending FY02 - FY12

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

$13,520,374

$1,761,000

$5,186,568

$3,516,629

$5,545,415

$9,080,711$8,763,032

$9,953,842

$4,195,769

$6,987,147

$7,789,031

Axis Community Health loW-iNCome CommuNity health Care

Axis Community Health has provided medical care, mental health counseling, and a Women, Infants and Children nutrition program to low-income residents in the Tri-Valley area of Eastern Alameda County since 1972. Axis is the only nonprofit provider of medical care for low-income and uninsured residents in the Tri-Valley area.

Mariela, a fourteen-year resident of Pleasanton, has helped countless families receive medical services at Axis Health through her work at her church. But when her husband lost his job and health insurance in 2011, she turned to Axis Health for her own family’s health needs. “My husband was so sick with the flu,” says Mariela. “That’s when I realized I needed to follow my own advice and take him to the Axis. The health center is the greatest gift to this community.”

Between 2007 and 2010, the Tri-Valley area saw a 65% increase of people living under federal poverty levels. The rapid growth in

patient visits to Axis Health strained the facility’s capacity. In 2009, Axis Health was designated a Federally Qualified Health Center, which increased their funding, but also required that they enroll 4,000 patients over a three-year period.

“Four years ago we began working with a project consultant on ways we could consolidate our offices and expand our services,” says Sue Compton, Axis Health’s executive director. “But we were considered a high risk by conventional lenders. Luckily for us, our consultant recommended NCCLF.”

NCCLF loaned Axis Health $1,997,500 to help finance the purchase and renovation of a new 24,000 sq. ft. space. The new facility, which is expected to open in 2014, will provide medical and behavioral health care, patient education, and laboratory services. “We really felt NCCLF understood our business and their focus on Northern California was important to us,” says Ms. Compton. “They were right there with us during the whole process.”

Cover photo: A patient receives care at Axis Community Health. (Photo courtesy of Axis Health)

“We really felt NCClf understood our business...they were right there with us

during the whole process.”

St. Anthony Foundation ProvidiNg a gateWay out of Poverty

Since 1950, San Francisco’s St. Anthony Foundation has been a gateway out of poverty for the most vulnerable among us: seniors, veterans, the physically disabled, the mentally and addictively ill, the unemployed and underemployed. The organization runs a medical clinic open to all, provides free hot meals, and hosts two monthly food distribution programs, giving groceries to nearly a thousand low-income residents and seniors.

St. Anthony’s dining room was in an outdated, inefficient, hundred-year old building that was previously used as an auto repair shop. When the foundation was ready to build a new dining room, they turned to NCCLF’s experts to help them navigate the process. NCCLF showed them how to use New Market Tax Credit financing, structured the project financing, connected them with a project team, and identified the tax credit investors.

“St. Anthony’s couldn’t have done the financing for our new dining room without the expertise and strong support from NCCLF. They held our hand every step of the way,” says St. Anthony’s CFO, Juliana Grenzeback. “NCCLF played a key role in helping St. Anthony’s build a new dining room that will continue to feed the hungry in San Francisco for generations to come.”

Construction for the new dining room is underway. By the end of 2013, it will be ready to serve thousands of hungry visitors and volunteers who will enjoy their meals in a more spacious, up-to-date, and welcoming building.

Cover photo: A mother and child enjoy a meal together in St. Anthony’s dining room. (Photo by Julio Martinez)

“st. anthony’s couldn’t have done the financing for our new dining room without the expertise

and strong support from NCClf.”

San Jose Environmental Center iNNovatiNg greeN teChNology

The San Jose Environmental Innovation Center (SJEIC) began as just a household hazardous waste drop-off site, but has grown into an ambitious and innovative multi-service facility that will eventually host the Clean Technology Demonstration Center (CTDC), a Habitat for Humanity ReStore, and a green jobs training center. The surrounding low-income neighborhood will be revitalized by an “urban village” and a rapid transit hub.

The SJEIC will feature a sustainable and environmentally friendly design, earning LEED gold certification. The Lawrence Berkeley National Laboratory, a leader in research on clean, sustainable energy, will be a partner at CTDC. The Center also helps the city meet its Green Vision goals, a fifteen-year plan to make San Jose a world center of “clean tech” innovation and environmental stewardship.

Cover photo: The San Jose Environmental Innovation Center under construction. (Photo by Julio Martinez)

“We approached the graduate students enrolled at San Jose State University’s Department of Urban & Regional Planning to develop a master plan for an Urban EcoPark,” explains Jo Zientek, Deputy Director for the city’s Environmental Services Department. “The plan they produced was so innovative, it received the Neighborhood Planning Award from the California Chapter of the American Planning Association.”

NCCLF’s $10 million allocation in New Market Tax Credits (NMTCs) was combined with allocations from two other partners to finance the $31 million project. “NCCLF was recommended because of their previous experience with NMTCs; they were an obvious partner in the development of the Center,” says Ms. Zientek.

The San Jose Environmental Innovation Center is expected to be finished in early 2014. This groundbreaking project will help spur the local economy, develop clean technologies, and revitalize the surrounding communities.

“NCClf was recommended because of their previous experience with New market tax Credits.”

JPMorgan Chase suPPortiNg affordaBle housiNg PreservatioN

JPMorgan Chase awarded a $2 million grant to NCCLF in 2012. The grant facilitates loans that support larger-scale affordable housing preservation projects in the greater San Francisco Bay Area and Central Valley.

One project that benefited from Chase’s grant is the Lorenz Hotel, a historic property in downtown Redding that provides single-room occupancy (SRO) units for very low-income seniors. Working with five other partners, NCCLF provided a loan to finance the predevelopment work to upgrade the SRO units to 24 studio and 36 one-bedroom apartments. The project, currently under construction, will vastly improve the quality of life of the hotel residents.

Chase has partnered with NCCLF since 1998, supporting us in developing innovative ways to provide much-needed financing to preserve affordable housing units. We thank Chase for

Cover photo: Lorenz Hotel. (Photo courtesy of Christian Church Homes) Inset photo: Mary A. Rogier, President of NCCLF; Georgette Bhathena, Northern California Relationship Manager, Global Philanthropy at JPMorgan Chase, and Andre Madeira, Vice President, JPMorgan Chase Community Development Banking. (Photo by Julio Martinez)

their generous support over the years and look forward to working with them in the years to come.

“This is one more way we are helping communities thrive and grow in this challenging economy,” says Georgette Bhathena, of Global Philanthropy at JPMorgan Chase. “NCCLF is well respected in their communities and has forged deep relationships with their clients and community leaders. Our grant ultimately will help increase the financial resilience and sustainability of community-based nonprofits and enterprises that serve low-income populations throughout Northern California.”

“NCClf is well respected in their communities and has forged deep relationships with their

clients and community leaders.”

General Fund Loan Fund Total

ASSETS Cash and Investments $ 5,616,844 $ 18,303,570 $ 23,920,414 Loans to Community Borrowers $ 18,708,918 $ 18,708,918 Other Assets $ 1,977,715 $ 435,939 $ 2,413,654

TOTAL ASSETS $ 7,594,559 $ 37,448,427 $ 45,042,986 LIABILITIES AND NET ASSETS Interest and Accounts Payable $ 564,211 $ 9,269 $ 573,480 Notes Payable to Community Investors $ 27,842,063 $ 27,842,063 Other Liabilities $ 2,073,613 $ 2,073,613

TOTAL LIABILITIES $ 2,637,824 $ 27,851,332 $ 30,489,156 Unrestricted Net Assets $ 4,728,653 $ 9,597,095 $ 14,325,748 Temporarily Restricted Net Assets $ 228,082 $ 228,082

TOTAL NET ASSETS $ 4,956,735 $ 9,597,095 $ 14,553,830 TOTAL LIABILITIES & NET ASSETS $ 7,594,559 $ 37,448,427 $ 45,042,986

The financial information provided is drawn from the Northern California Community Loan Fund’s audited financial statements, copies of which are available upon request.

Year Ended September 30, 2012

Condensed statement of financial Position

Unrestricted Temporarily Restricted Total

SUPPORT AND REVENUE Grants and Contributions $ 3,922,812 $ 275,000 $ 4,197,812 Interest and Investment Income $ 1,973,399 $ 1,973,399 New Markets Tax Credit Income $ 1,027,344 $ 1,027,344 Consulting and Other Fee Income $ 494,190 $ 494,190 Net Assets Released from Restrictions $ 278,721 $ (278,721)

TOTAL SUPPORT & REVENUE $ 7,696,466 $ (3,721) $ 7,692,745

EXPENSES Program Services: Direct Lending $ 2,182,605 $ 2,182,605 New Markets Tax Credit $ 283,587 $ 283,587 Consulting and Training $ 974,021 $ 974,021 New Program Development $ 135,184 $ 135,184 Capitalization $ 326,627 $ 326,627

Total Program Services $ 3,902,024 $ 3,902,024

Supporting Services: Management and General $ 184,711 $ 184,711 Fundraising $ 244,492 $ 244,492 Total Supporting Services $ 429,203 $ 429,203

TOTAL ExPENSES $ 4,331,227 $ 4,331,227

Change in net assets $ 3,365,239 $ (3,721) $ 3,361,518 Net assets, beginning of year $ 10,960,509 $ 231,803 $ 11,192,312

NET ASSETS, END Of yEAR $ 14,325,748 $ 228,082 $ 14,553,830

Year Ended September 30, 2012

Condensed statement of activities and Changes in Net assets

DonorsOrganizations$50,000 and upBank of America CitiEvelyn & Walter Haas, Jr. FundJPMorgan Chase Opportunity Finance Network San Francisco Grants for the ArtsThe William and Flora Hewlett Foundation

$1000 - $49,000Anonymous Bank Leumi Bank of the West Charles Schwab Bank Chinatown Community Development Center Corporation for Enterprise DevelopmentDominican Sisters of San RafaelEquity Community BuildersKayne Anderson Rudnick Wealth Advisors Manufacturers Bank Mechanics Bank Northern Trust, NA Oliver & Company Presidio Bank Investment FundReligious Communities Investment Fund Silicon Valley Bank Sisters of St. Dominic State Street Foundation Sterling Bank U.S. Bank Union BankWells Fargo Bank Y&H Soda Foundation Up to $999Asian Neighborhood Design California Resources and Training

Community Economics, Inc. DSK ArchitectsEast Bay Asian Local Development Corporation Genesis Family Center Hearth Homes Community Building Local Initiatives Support Corporation Mercy Housing California Network for Good Nixon Peabody, LLP Opportunity Fund Orrick, Herrington & Sutcliffe, LLP Sacramento Native American Health Center Inc. San Francisco Arts Education San Francisco Housing Development Corporation Sisters of the Holy Tenderloin Neighborhood Development Corporation Individuals$5,000 and upS.W. Dittenhofer, III Ann M. Hatch Tom Meyer and Julie Stevenson Peter Stern Karen Weil $1,000 - $4,900Elizabeth Boardman James H. Abrams Jane Baker Clara BasileSusan Chamberlin Laurie Cohen Alma En Paz David A. Friedman and Paulette Jean MeyerPatricia GoPaul Adrienne Hirt and Jeffrey Rodman Lona Jupiter

Molly Lazarus Phillip and Susan Marineau Pamela Merchant and Kirby Sack Gertrude Reagan John Rodgers Mary A. Rogier and Sarah Nelson Diane Spirandelli Jill Storey and Richard Fisher Lydia Tan Susan Vickers, RSM Patricia Wolfe $500 - $999 Linda Boessenecker Ann Cameron Holly Hayes and Carl Stern Elizabeth Pigford Kirke and Anne Wilson Up to $499Guy Baldwin Alvin H. Baum, Jr.Elizabeth BenedictCarroll BrentanoClaudia Cate Lisa ChenFelix ChengHelen S. Cohen Florence CookJohn Cotton Margaret Diener David Leland Fair and Vickie Scott Grove Cristina Flores Joseph Fong Margo George David GuggenhimeHadley Dale Hall and L. Warde LaidmanJohn Harrington Flora Kay Paul Kivel and Mary Luckey Bill Lambert

Stephen L. LeedsAlan Malouf, DDS Janice McCall Robert C. McConnell Brenda Gates-MonaschJamie Osborn Margaret O. and Charles A. Pilgrim, Jr. Amy RassenThomas RaySuzanne Rubel Peter S. Samis Jack Sawyer William Scala Ilana Schatz and David Lingren Sherry Simmons Paul Sussman Dolores Taller Sandy Weil Mark Weisman Steven Winter Tim Wolfred David ZebkerIn-Kind DonorsCooley Godward Kronish, LLP Citrix Dechert, LLP DreamhostEsri, Inc. Federal Reserve Bank of San Francisco Greene Radovsky Maloney Share & Hennigh, LLP GoogleHugh Groman CateringMagnolia Photo Booth Microsoft Orrick, Herrington & Sutcliffe, LLP Rubicon Bakery Salesforce.com Foundation Sherman & SterlingStarbucks

We are grateful for the geNerosity of our doNors

IndividualsRalph Alpert AnonymousMarc Van AndaRobert Bacon Holly Badgley and Peter Stern Jane Baker Barbara Fletcher Barbour Peter Barnes Alvin H. Baum, Jr. Jesse Bean Benjamin Bear and Nancy Noah-Bear Richard Bernius - Julia Busgang Trust Investment Laurie Bernstein Iris Biblowitz Dorrit Billman and Richard Billington Joani Blank Elizabeth BoardmanPeter Brastow William and Victoria Bruckner Erin Callahan Carol Cavanaugh Chechanover Family Trust Cory Cherk and Chris DavidsonJoanie Ciardelli Mary Ann Cobb Jonathan Cohen and Eleanor Friedman John Cook and Gabriel D. SpeyerFlorence Cook Ron Cordes Family Trust Cotton Family Trust

Linda Dallin and Paul Sussman Judith DambowicS. W. Dittenhofer, III Marta Drury Trust James R. Eitel Caroline L. Everts Michael S. FalkMary Ford and Robert Lewis Susan FrankFresh Pond Capital (three clients) David FriedmanMax Meyer Friedman Meryl Meyer Friedman Richard Galloway and Zoia Horn Marty Glick and Judy Zollman Lenore Goldman Patricia GoPaul Gray Family TrustDeborah Gray Michael and Claire Gray Marion E. Greene Trust Ilene L. Gusfield Hadley Dale Hall and L. Warde Laidman Mike Hannigan Marge Harburg Elisabeth Hardman RixHolly Hayes and Carl Stern Alice Henry Adam HochschildLisa Honig Glenda Hope Catherine Howard Martha Hyde David Jaber

Lona Jupiter Gunther Kay Non-Marital Trust Paul Kivel and Mary LuckeyJoseph Kresse Karen Larsen Stephen L. Leeds Myra Levy and Charlie Varon Richard D. Lewis, Jr. David Lingren and Ilana Schatz Oliver H.P. Lloyd Longinotti Revocable Living TrustLoring, Wolcott & Coolidge Trust LLC (four clients) Susan Lynn and Sorca M. O’Connor Stephen Matchett Arlene Mayerson Adair McClatchy Chris McCluney Robert C. McConnell Pamela MerchantPaulette Meyer Kate Meyer Phyllis Murphey Suse Nakata Zaitlin-Nienberg Family Living Trust Henry Obermayer Daniel Van Olst Jeffrey A. OrdowerWendy Oser Hanna Pitkin Elizabeth Jane Rankow Rhine Living Trust Charlotte Rieger Bond Rifas Family Trust

Joan and Bill Robbins Hirt-Rodman Family Trust Mary A. RogierWilliam Roth Meredith Sabini Kirby Sack Mark Schack Sherri Schultz Marie Schutz Jane Segal Aaron/Sherman Trust Patricia Silver Sally Smyth William Stewart Janet Stone Dolores Taller Wendy Tanowitz Frances Taylor Bonnie ThomasTrillium Asset Management (five clients) Marianna TubmanElia and Halimah Van Tuyl Alfred Twu Susan VickersVolkmann Family Limited Partnership Albert Wald Léonie Walker Sandy Weil James and Janet Wenninger Robert Winant Molly and Dennis Wuthrich Richard Yurman

Investors We are grateful for the CommitmeNt of our iNvestors aNd fiNaNCial PartNers

A volunteer at St. Anthony’s dining room with one of the community members they serve. (Photo by Julio Martinez)

BanksNorthern Trust CompanyManufacturers Bank JPMorgan Chase Bank, N.A. Bank of America Wells Fargo Community Development Corporation Boston Private Bank & Trust Co. First Republic BankU.S. Bancorp Community Development CorporationCompass BankBank of the West East West BankUnited Labor BankPresidio Bank Charles Schwab Bank FoundationsPeople’s Life Fund Calvert Social Investment Foundation Friedman Family FoundationErich and Hannah Sachs Foundation Wallace Alexander Gerbode FoundationThe Annie E. Casey FoundationS.H. Cowell FoundationThe San Francisco FoundationThe California EndowmentRose Foundation for CommunitiesThe Massena Foundation

Religious InstitutionsSisters of Charity of the Blessed Virgin Mary Marist Society, Inc.California Province, Society of Jesus Dignity Health

Sisters of St. Joseph of Orange Sinsinawa DominicansSisters of the Holy Names of Jesus and Mary, Province of CaliforniaSt. John’s Presbyterian Church-BerkeleyCongregation of the Sisters of Charity of the Incarnate Word Sister of Mercy of the Americas West St. Joseph Health System Catholic Health InitiativesSt. Ignatius Church Mercy Investment Services, Inc. Trinity Health Corporation Marianist Province of the United StatesReligious Communities Investment Fund San Francisco Network Ministries

Nonprofits and Government AgenciesCity of LivingstonCommunity Economics, Inc.Stiles Hall Youth Enrichment Strategies

Financing PartnersDignity HealthEnterprise Community Loan FundLocal Initiatives Support CorporationLow Income Investment FundNCB Capital Impact

New Market Tax Credit PartnersClearinghouse CDFI JPMorgan Chase Bank, N.A. National Development CouncilNonprofit Finance FundSan Francisco Community Investment Fund U.S. Bank

Investors (continued)

Mary A. RogierPresident

Jonathan AustinReal Estate Consultant

Guy BaldwinBusiness Systems Analyst

Leiasa BeckhamReal Estate Consultant

Lori CampbellFinancial Management Consultant

Ross CulverwellDirector of Lending

Teresa DavisConsulting Program Analyst

Maureen DeCosteDevelopment/Marketing Associate

Shobna Dhewant Senior Loan Office Kelly EhrenfeldLoan Associate

Eric foleyLoan & Compliance Associate

Kavita GobburiLoan Officer

Grayton HuangSenior Accountant

Joanne LeeDirector of Financial Consulting and Program Development

Eddy Lopez Jr.Executive Assistant

Elizabeth BoardmanCommunity Activist Linda Boessenecker, CEO Girls Inc. of Alameda County Ann f. CameronSenior Vice President/Banking ManagerNorthern Trust Bank Moy Eng (on leave), Executive DirectorCommunity Schools of Music and Arts

Patricia GoPaul, Esq., Vice PresidentImpact Community Capital Andy Madeira, Vice PresidentCommunity Development BankingJP Morgan Chase Bank, N.A.

Amy Rassen, PresidentRassen and Associates Ilana Schatz, PresidentFair Trade Judaica

John Sedlander, Chief Financial Officer Institute on Aging Margaret StoneCommunity Activist Lydia Tan, Executive Vice President - Director Northern California Operations Related California Anna yee, Deputy Director Chinatown Community Development Center

Kirke P. Wilson (Board Chair)Community Activist

Board of Directors

Staff

Thomas Collishaw (Chair) Vice President, Director of DevelopmentSelf-Help Enterprises

John Chan, Vice President, US Bank

Arthur Dyson, Architect

Gabriela Mello, Community DevelopmentWells Fargo

Camille Pannu, Staff AttorneySustainable Economies Law Center

Debbie Raven, Executive DirectorSmall Valley Business Corporation

Tim Rios, Senior Vice President and Community Development Manager Wells Fargo

Dr. Vida Samiian, Dean of Arts and HumanitiesCalifornia State University of Fresno

Michael Sigala, Sigala, Inc.

Dennis Woods, President, United Security Bank

Cristian MartinezOffice Manager

Janna ManciniDevelopment Associate

Dan McDonaldDeputy Director of Lending

Alice RochaBusiness Development Loan Officer - Fresno

C. Lea SalemDirector of Finance and Administration

Sherry SimmonsDirector of Resource Development

Joshua SimonDirector of Real Estate Karen SullivanLoan Officer

Mark Sutton Policy & Program Analyst

David WilkinsonReal Estate Consultant

Central Valley Advisory Council

Our Staff greetiNgs from all of us at NCClf

(Front row, left to right) Mary A. Rogier, Eric Foley, Teresa Davis, Leiasa Beckham, Shobna Dhewant, Karen Sullivan, Lori Campbell, Joanne Lee, Janna Mancini, C. Lea Salem, Maureen DeCoste, and Sherry Simmons (Back row, left to right) Kavita Gobburi, Mark Sutton, Joshua Simon, Guy Baldwin, Ross Culverwell, Kelly Ehrenfeld, David Wilkinson, Cristian Martinez, Dan McDonald, Eddy Lopez Jr., and Grayton Huang (Absent from the photo: Jonathan Austin and Alice Rocha) (Photo by Julio Martinez)

870 Market Street Suite 677

San Francisco, CA 94102Tel: 415.392.8215 Fax: 415.392.8216

Central Valley Office4949 E. Kings Canyon Road

Suite 108 Fresno, CA 93727

559.452.0327www.ncclf.org

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