2013 Annual Inve stor Me e ting Anahe im, Califor nia 1
Mission Azusa Apar tme nts Azusa, CA Our mission is to advanc e e c onomic justic e and oppor tunity by par tne r ing with or ganizations that pr ovide ac c e ss to c apital for low inc ome pe ople and c ommunitie s.
Inve sting in E duc ational E quity L E ARN Char te r Sc hool, Chic ago, IL Building He althy Communitie s Pione e r Community Hospital Stuar t, VA
Advanc ing Affor dable Housing Me mor ial Apar tme nts Baltimor e , MD Suppor ting Small Busine ss Se a to T able Br ooklyn, NY
F oste r ing E c onomic E mpowe r me nt Abr oad Mic r ove st Wor ldwide
2013 YT D Ac c omplishme nts Pr ogr am Ac tivitie s L e nding • Our g o a l wa s to o rig ina te $7.1 millio n b y ye a r e nd. At 9/ 30 we ha d c lo se d $6.0 millio n in lo a ns a nd to da y we ha ve a nd a dditio na l $2.4 millio n in a ppro ve d lo a ns like ly to c lo se b e fo re the e nd o f 2013 • Partners Ove r the la st five ye a rs, the o utsta nding lo a n po rtfo lio ha s mo re tha n do ub le d fro m $8.6 millio n (12/ 31/ 2006) to $17.8 millio n (9/ 30/ 2012) for the • We ha ve 35 le nding pa rtne rships, o f whic h 31 a re with c e rtifie d CDF I s Common Se rving b o rro we rs: Good • Curre ntly 80% o f b o rro we rs a re no npro fit o rg a niza tio ns a nd 20% a re do ub le b o tto m line b usine sse s • 100% o f b o rro we rs c re a te b e ne fits fo r o r pro vide se rvic e s to lo w inc o me individua ls a nd fa milie s. • 64% a re lo c a te d in lo w inc o me c e nsus tra c ts Ca pNe xus ha s 225 re g iste re d use rs. 40 de a ls se e king $120 millio n in fina nc ing ha ve b e e n po ste d o n Ca pNe xus – to ta ling $200 millio n. T o da te , Ca pNe xus ha s fa c ilita te d the c lo sing o f 5 lo a ns. Building Our L oa n F und Siste rs o f the Pre c io us Blo o d o f Da yto n, OH jo ine d PCG a s a ne w pe rma ne nt me mb e r Ac hie ve d a AAA2+ ra ting unde r the CDF I Asse ssme nt Ra ting Syste ms (CARS) – a n impro ve d ra ting fro m 2010 Awa rde d a $1.4 millio n g ra nt fro m the U.S. De pa rtme nt o f T re a sury’ s CDF I F und in F a ll 2012 • Our inve sto rs he lpe d us suc c e ssfully ra ise $330,000 in ma tc hing g ra nts in 5 mo nths to re c e ive PCG, Inc. full g ra nt 1444 Eye Street, NW Suite 201 Awa rde d $100,000 te c hnic a l a ssista nc e g ra nt fro m the U.S. De pa rtme nt o f T re a sury’ s CDF I F und in Washington, DC 20005 Se pt 2013 202.689.8935 6
Quic k Impac t F ac ts Jobs c r e ate d or maintaine d: 252 PCG L e nding Partners $18.9 million for the Common (2010- 2012) Comme r c ial Re al Good E state Pr ope r ty Value F inanc e d: $5.8 million T otal Numbe r Clie nts Se rve d in the US: 204,000 Ave r age Monthly Re ntal Savings: $267 Ave r age F or - Sale Savings: $18,000 PCG, Inc. 1444 Eye Street, NW Mic r o- E ntr e pr e ne ur s Se r ve d Suite 201 Washington, DC 20005 in the De ve loping Wor ld: 600,000+ 202.689.8935 7
PCG Dome stic CDF I L e nding Par tne r s as of Oc tobe r 2013
Our Ne we st Initiative : CapNe xus Partners for the Common Good PCG, Inc. 1444 Eye Street, NW Suite 201 Washington, DC 20005 202.689.8935 10
Por tfolio Composition 2002- Pr e se nt (by L oans Outstanding) Portfolio Composition CDFI Housing Commercial Real Estate Community Facility Working Capital International Partners 100% for the 8% 8% 23% 10% 13% 13% 21% 15% 15% 6% 90% 4% 6% Common 26% 5% 4% 8% 14% 12% 80% 9% Good 70% 21% 9% 39% 39% 41% 36% 31% 23% 60% 26% 38% 11% 50% 12% 5% 16% 11% 40% 16% 12% 15% 32% 35% 30% 14% 52% 31% 20% 40% 36% 34% 34% 32% 32% 23% 22% 10% 13% 6% 0% 0% 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 6/30/2013 PCG, Inc. Note : Inte r national le nding c ompr ise s 10.38% of re ligious institute & Catholic he althc are 1444 Eye Street, NW syste m inve stme nts at Oc tobe r 2013. Suite 201 Washington, DC 20005 202.689.8935 11
PCG Inve stor s Loan Capital Diversity $20,000,000 Government Other $18,000,000 Banks Partners Health Care Systems $16,000,000 for the Religious Communities Common $14,000,000 Good $12,000,000 $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 $0 PCG, Inc. 1444 Eye Street, NW Suite 201 PCG ha s 85 inve sto rs a s o f Oc to b e r 2013, 69 re lig io us c o mmunitie s; 5 he a lth c a re syste ms; 4 b a nks, Washington, DC 20005 a nd 7 o the r inve sto rs. 202.689.8935 12
F inanc ial He alth Indic ator s & Goals F Y F Y F Y F Y F Y F Y F Y F Y F Y F Y F Y YT D 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 @ 6/ 30 Partners T otal $6.4 $7.6 $10.0 $11.1 $12.3 $13.9 $16.5 $20.1 $24.0 $24.5 $26.0 $27.0 for the Asse ts MM MM MM MM MM MM MM MM M M M MM Common Good T otal $5.8 $6.0 $7.4 $8.0 $8.9 $10.1 $11.7 $14.4 $17.6 $17.9 $18.1 $18.7 L oan MM MM MM MM MM MM MM MM M M M MM Capital Ne t 17% 17% 23.3% 26% 27% 25% 27% 27% 26% 26% 29% 29% Asse t Ratio Se lf 29% 38% 44% 71% 62% 84% 72% 69% 75% 73% 68% 86% Suffi- c ie nc y Audit No finding s o r ma te ria l we a kne ss NA PCG, Inc. 1444 Eye Street, NW Suite 201 Washington, DC 20005 202.689.8935 13
Balanc e She e t T r e nds $25,982,554 Net Assets Total Loan Capital $26,972,269 Partners $24,047,335 for the $24,454,587 Common Loans Outstanding Total Assets $20,195,461 Good $18,089,408 $17,642,895 $17,904,512 $ Outstanding $18,669,208 $16,545,788 $16,300,539 $14,435,266 $13,932,922 $13,550,218 $16,438,922 $12,338,991 $11,662,968 $11,049,036 $12,932,104 $12,002,423 $10,090,467 $10,000,120 $8,895,467 $10,307,889 $7,937,977 $7,510,711 $7,555,072 $8,604,648 $6,378,312 $8,010,467 $8,071,916 $6,187,963 $7,480,500 $5,239,991 $6,055,500 $5,500,420 $3,464,368 $4,549,885 $1,316,643 $3,559,499 $3,277,994 $2,000,000 $2,922,680 $2,330,621 PCG, Inc. 1444 Eye Street, NW Suite 201 Washington, DC 20005 202.689.8935 14
How Do We L e ve r age Inve stor & Me mbe r Donate d Gr ant Capital? 2002-present: $3.697 million in Bank & Other Source Leverage $382.4 M Membership contributions Partners leveraged $586.7 for the million in lending Common Good $1 to $158 leverage CDFI Lending Partner ratio Leverage $153.2 M PCG Lending $44.35 M Capital Raised from Investors $18.67 M Grants $7.54 M (non- Member gifts) All Member Gifts ($3.697 M) PCG, Inc. 1444 Eye Street, NW Suite 201 Washington, DC 20005 202.689.8935 15
Me mbe r ship We a re a me mb e rship c o rpo ra tio n o f fa ith b a se d institutio ns c o mmitte d to pro mo ting c o mmunity inve sting a s a n e c o no mic justic e stra te g y Partners Our Ne we st Me mbe r as of Se pte mbe r 2013 for the Siste rs of the Pre c ious Blood, Dayton OH Common Good Our Curre nt Me mbe rs: Christian Brothe rs Inve stme nt Se rvic e s Congr e gation of St. Jose ph Siste r s of St. F r anc is of Philade lphia Siste r s of St. Jose ph of Or ange Dominic an Collabor ative (Adr ia n Dominic an Siste r s; Dominic an Siste r s of Gre at Be nd, Kansas; Rac ine Dominic ans; Siste r s of St. Dominic , Amityville , Ne w York; Grand Rapids Dominic ans) PCG, Inc. 1444 Eye Street, NW Suite 201 NE W Me mb e rs Are Alwa ys We lc o me ! Washington, DC 20005 202.689.8935 16
T hank You for Your Suppor t Common Gr ound F ood Co- op Ur bana, IL
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