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Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$5.2M
Program Spending
86%
of total expenses go to program services
Total Contributions
$2.1M
Total Expenses
▼$4M
Total Assets
$57.2M
Total Liabilities
▼$42.3M
Net Assets
$14.9M
Officer Compensation
→$471.4K
Other Salaries
$1M
Investment Income
$454.5K
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$12.4M
Awards Found
10
| Awarding Agency | Description | Amount | Fiscal Year | Period |
|---|---|---|---|---|
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $3.5M | — | — – — |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $2.3M | — | — – — |
| Department of the Treasury | CDFI RAPID RESPONSE PROGRAM AWARD | $1.8M | FY2021 | Jun 2021 – Dec 2023 |
| Department of the Treasury | PURPOSE: TO PROVIDE GRANTS TO COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) FOR THE FOLLOWING PURPOSES 1) TO EXPAND LENDING, GRANT MAKING AND INVESTMENT ACTIVITIES IN LOW OR MODERATE INCOME COMMUNITIES AND TO BORROWERS THAT HAVE HISTORICALLY EXPERIENCED SIGNIFICANT UNMET CAPITAL AND FINANCIAL SERVICES NEEDS AND WERE DISPROPORTIONATELY IMPACTED BY THE COVID 19 PANDEMIC; AND 2) TO ENABLE CDFIS TO BUILD ORGANIZATIONAL CAPACITY AND ACQUIRE TECHNOLOGY, STAFF, AND OTHER TOOLS NECESSARY TO ACCOMPLISH THE ACTIVITIES UNDER A CDFI ERP AWARD. PLANNED ACTIVITIES: ELIGIBLE ACTIVITIES INCLUDE FINANCIAL PRODUCTS, FINANCIAL SERVICES, DEVELOPMENT SERVICES, GRANTS, LOAN LOSS RESERVES AND CAPITAL RESERVES THAT MAY BE USED TO MITIGATE THE IMPACT OF THE COVID 19 PANDEMIC ON UNEMPLOYMENT, CHILDCARE, HEALTHCARE, MENTAL HEALTHCARE, AFFORDABLE HOUSING, AFFORDABLE HOUSING FINANCE, SMALL BUSINESS, SMALL FARMS, BROADBAND INTERNET, AND FOOD SUFFICIENCY. IN ADDITION, TO SUPPORT CDFIS IN BUILDING THEIR CAPACITY TO RESPOND TO THE ECONOMIC IMPACT OF COVID 19, CDFI ERP AWARDS MAY BE USED FOR COMPENSATION PERSONAL SERVICES; COMPENSATION FRINGE BENEFITS; PROFESSIONAL SERVICE COSTS; TRAVEL COSTS; TRAINING AND EDUCATION COSTS; EQUIPMENT; SUPPLIES. END GOALS: EXPANDED FINANCING FOR LOW TO MODERATE INCOME COMMUNITIES AND INDIVIDUALS THAT HAVE HISTORICALLY EXPERIENCED SIGNIFICANT UNMET CAPITAL AND FINANCIAL SERVICES NEEDS AND WERE DISPROPORTIONATELY IMPACTED BY THE COVID 19 PANDEMIC INCLUDING SPECIFIC DESIGNATED COVID IMPACTED CDFI ERP ELIGIBLE GEOGRAPHIES AS AREAS THAT MAY BENEFIT FROM CDFI ERP ASSISTANCE. BENEFICIARIES: CERTIFIED CDFIS WHICH MAY BE FOR PROFIT ORGANIZATION, PRIVATE NONPROFIT INSTITUTION/ORGANIZATION, AND OTHER PRIVATE INSTITUTION/ORGANIZATION, AS DEFINED IN 12 C.F.R. 1805, AND LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES. SUBRECIPIENTS: THERE ARE NO SUBRECIPIENTS FOR THIS PROGRAM. BROADBAND: SPECIFIC ACTIVITIES RELATING TO BROADBAND USAGE ARE NOT KNOWN AT THE TIME OF AWARD. REASON/PURPOSE OF MODIFICATION: NOT APPLICABLE. | $1.7M | FY2023 | Apr 2023 – Dec 2028 |
| Department of the Treasury | HEALTHY FOODS FINANCING INITIATIVE AWARD | $1M | — | — – — |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $750K | — | — – — |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $686.5K | — | — – — |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $565K | — | — – — |
| Department of the Treasury | TECHNICAL ASSISTANCE AWARD | $99.6K | — | — – — |
| Department of the Treasury | TECHNICAL ASSISTANCE AWARD | $82.4K | — | — – — |
Department of the Treasury
$3.5M
FINANCIAL ASSISTANCE AWARD
Department of the Treasury
$2.3M
FINANCIAL ASSISTANCE AWARD
Department of the Treasury
$1.8M
CDFI RAPID RESPONSE PROGRAM AWARD
Department of the Treasury
$1.7M
PURPOSE: TO PROVIDE GRANTS TO COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) FOR THE FOLLOWING PURPOSES 1) TO EXPAND LENDING, GRANT MAKING AND INVESTMENT ACTIVITIES IN LOW OR MODERATE INCOME COMMUNITIES AND TO BORROWERS THAT HAVE HISTORICALLY EXPERIENCED SIGNIFICANT UNMET CAPITAL AND FINANCIAL SERVICES NEEDS AND WERE DISPROPORTIONATELY IMPACTED BY THE COVID 19 PANDEMIC; AND 2) TO ENABLE CDFIS TO BUILD ORGANIZATIONAL CAPACITY AND ACQUIRE TECHNOLOGY, STAFF, AND OTHER TOOLS NECESSARY TO ACCOMPLISH THE ACTIVITIES UNDER A CDFI ERP AWARD. PLANNED ACTIVITIES: ELIGIBLE ACTIVITIES INCLUDE FINANCIAL PRODUCTS, FINANCIAL SERVICES, DEVELOPMENT SERVICES, GRANTS, LOAN LOSS RESERVES AND CAPITAL RESERVES THAT MAY BE USED TO MITIGATE THE IMPACT OF THE COVID 19 PANDEMIC ON UNEMPLOYMENT, CHILDCARE, HEALTHCARE, MENTAL HEALTHCARE, AFFORDABLE HOUSING, AFFORDABLE HOUSING FINANCE, SMALL BUSINESS, SMALL FARMS, BROADBAND INTERNET, AND FOOD SUFFICIENCY. IN ADDITION, TO SUPPORT CDFIS IN BUILDING THEIR CAPACITY TO RESPOND TO THE ECONOMIC IMPACT OF COVID 19, CDFI ERP AWARDS MAY BE USED FOR COMPENSATION PERSONAL SERVICES; COMPENSATION FRINGE BENEFITS; PROFESSIONAL SERVICE COSTS; TRAVEL COSTS; TRAINING AND EDUCATION COSTS; EQUIPMENT; SUPPLIES. END GOALS: EXPANDED FINANCING FOR LOW TO MODERATE INCOME COMMUNITIES AND INDIVIDUALS THAT HAVE HISTORICALLY EXPERIENCED SIGNIFICANT UNMET CAPITAL AND FINANCIAL SERVICES NEEDS AND WERE DISPROPORTIONATELY IMPACTED BY THE COVID 19 PANDEMIC INCLUDING SPECIFIC DESIGNATED COVID IMPACTED CDFI ERP ELIGIBLE GEOGRAPHIES AS AREAS THAT MAY BENEFIT FROM CDFI ERP ASSISTANCE. BENEFICIARIES: CERTIFIED CDFIS WHICH MAY BE FOR PROFIT ORGANIZATION, PRIVATE NONPROFIT INSTITUTION/ORGANIZATION, AND OTHER PRIVATE INSTITUTION/ORGANIZATION, AS DEFINED IN 12 C.F.R. 1805, AND LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES. SUBRECIPIENTS: THERE ARE NO SUBRECIPIENTS FOR THIS PROGRAM. BROADBAND: SPECIFIC ACTIVITIES RELATING TO BROADBAND USAGE ARE NOT KNOWN AT THE TIME OF AWARD. REASON/PURPOSE OF MODIFICATION: NOT APPLICABLE.
Department of the Treasury
$1M
HEALTHY FOODS FINANCING INITIATIVE AWARD
Department of the Treasury
$750K
FINANCIAL ASSISTANCE AWARD
Department of the Treasury
$686.5K
FINANCIAL ASSISTANCE AWARD
Department of the Treasury
$565K
FINANCIAL ASSISTANCE AWARD
Department of the Treasury
$99.6K
TECHNICAL ASSISTANCE AWARD
Department of the Treasury
$82.4K
TECHNICAL ASSISTANCE AWARD
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024IRS e-File | $5.2M | $2.1M | $4M | $57.2M | $14.9M |
| 2023 | $4.1M | $1.6M | $3.2M | $50.4M | $13.6M |
| 2022 | $4.8M | $2.9M | $2.7M | $47.9M | $12.8M |
| 2021 | $2.9M | $1.4M | $2.7M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Micha Josephy | Executive Director | 40 | $158.8K | $0 | $17.2K | $176K |
| Dorian Gregory | Deputy Executive Director | 40 | $140.5K | $0 | $16.7K | $157.1K |
| Stephen Borla | Finance Director | 40 | $112K | $0 | $16.2K | $128.2K |
| Kimberly R Lyle | President | 4 | $5,000 | $0 | $0 | $5,000 |
| Aliana Pineiro | Treasurer | 4 | $0 | $0 | $0 | $0 |
| Bonnie Hudspeth | Vice-president | 4 | $0 | $0 | $0 | $0 |
| Andy Danforth | Outgoing Treasurer | 4 | $0 | $0 | $0 | $0 |
| Jonah Fertig-Burd | Clerk | 4 | $0 | $0 | $0 | $0 |
Micha Josephy
Executive Director
$176K
Hrs/Wk
40
Compensation
$158.8K
Related Orgs
$0
Other
$17.2K
Dorian Gregory
Deputy Executive Director
$157.1K
Hrs/Wk
40
Compensation
$140.5K
Related Orgs
$0
Other
$16.7K
Stephen Borla
Finance Director
$128.2K
Hrs/Wk
40
Compensation
$112K
Related Orgs
$0
Other
$16.2K
Kimberly R Lyle
President
$5,000
Hrs/Wk
4
Compensation
$5,000
Related Orgs
$0
Other
$0
Aliana Pineiro
Treasurer
$0
Hrs/Wk
4
Compensation
$0
Related Orgs
$0
Other
$0
Bonnie Hudspeth
Vice-president
$0
Hrs/Wk
4
Compensation
$0
Related Orgs
$0
Other
$0
Andy Danforth
Outgoing Treasurer
$0
Hrs/Wk
4
Compensation
$0
Related Orgs
$0
Other
$0
Jonah Fertig-Burd
Clerk
$0
Hrs/Wk
4
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Carolyn Edsell-Vetter | Program Director | 40 | $111.3K | $0 | $15.8K | $127.1K |
| Liska Wilson | Communications Director | 40 | $102K | $0 | $12.9K | $114.8K |
Carolyn Edsell-Vetter
Program Director
$127.1K
Hrs/Wk
40
Compensation
$111.3K
Related Orgs
$0
Other
$15.8K
Liska Wilson
Communications Director
$114.8K
Hrs/Wk
40
Compensation
$102K
Related Orgs
$0
Other
$12.9K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Amethyst Carey | Trustee | 4 | $5,000 | $0 | $0 | $5,000 |
| Clark Arrington | Outgoing Trustee | 4 | $0 | $0 | $0 | $0 |
| Daniel Ross | Outgoing Trustee | 4 | $0 | $0 | $0 | $0 |
| Duke Bouchard | Outgoing Trustee | 4 | $0 | $0 | $0 | $0 |
| Jon Reske | Outgoing Trustee | 4 | $0 | $0 | $0 | $0 |
| Juan Leyton | Trustee |
Amethyst Carey
Trustee
$5,000
Hrs/Wk
4
Compensation
$5,000
Related Orgs
$0
Other
$0
Clark Arrington
Outgoing Trustee
$0
Hrs/Wk
4
Compensation
$0
Related Orgs
$0
Other
$0
Daniel Ross
Outgoing Trustee
$0
Hrs/Wk
4
Compensation
$0
Related Orgs
$0
Other
$0
| $43.8M |
| $10.7M |
| 2020 | $1.9M | $250K | $1.6M | $35.7M | $10.5M |
| 2019 | $2.5M | $947.1K | $2.4M | $31.7M | $10.1M |
| 2018 | $3.4M | $2.1M | $1.9M | $30.3M | $9.9M |
| 2017 | $1.5M | $400.4K | $1.4M | $27M | $8.4M |
| 2016 | $3.5M | $2.5M | $1.2M | $24.3M | $8.3M |
| 2015 | $1.3M | $350.6K | $1.3M | $20.9M | $6.1M |
| 2014 | $1.2M | $257.6K | $1.1M | $20.3M | $6M |
| 2013 | $1.2M | $462.8K | $1.1M | $18.3M | $6M |
| 2012 | $1.8M | $1.1M | $930.5K | $16.6M | $5.9M |
| 2011 | $4.2M | $3.6M | $706.9K | $13.6M | $5M |
PDF not yet published by IRSView Filing → |
| 2021 | 990 | Data |
| 2020 | 990 | Data | PDF not yet published by IRS |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
| 4 |
| $0 |
| $0 |
| $0 |
| $0 |
| Julian Mckinley | Trustee | 4 | $0 | $0 | $0 | $0 |
| Lauren Duffy | Trustee | 4 | $0 | $0 | $0 | $0 |
| Natasha Latour | Trustee | 4 | $0 | $0 | $0 | $0 |
| Nora Gosselin | Trustee | 4 | $0 | $0 | $0 | $0 |
Duke Bouchard
Outgoing Trustee
$0
Hrs/Wk
4
Compensation
$0
Related Orgs
$0
Other
$0
Jon Reske
Outgoing Trustee
$0
Hrs/Wk
4
Compensation
$0
Related Orgs
$0
Other
$0
Juan Leyton
Trustee
$0
Hrs/Wk
4
Compensation
$0
Related Orgs
$0
Other
$0
Julian Mckinley
Trustee
$0
Hrs/Wk
4
Compensation
$0
Related Orgs
$0
Other
$0
Lauren Duffy
Trustee
$0
Hrs/Wk
4
Compensation
$0
Related Orgs
$0
Other
$0
Natasha Latour
Trustee
$0
Hrs/Wk
4
Compensation
$0
Related Orgs
$0
Other
$0
Nora Gosselin
Trustee
$0
Hrs/Wk
4
Compensation
$0
Related Orgs
$0
Other
$0