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Strengthening communities and stimulating economic development through small business lending and affordable housing initiatives
Source: IRS Form 990 (Tax Year 2023)
Source: IRS Form 990 via ProPublica Nonprofit Explorer
Total Revenue
▼$2.4M
Total Contributions
$1.2M
Total Expenses
▼$1.3M
Total Assets
$24.9M
Total Liabilities
▼$7.9M
Net Assets
$17M
Officer Compensation
→$0
Other Salaries
$0
Investment Income
▼$201K
Fundraising
▼$0
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$8M
Awards Found
7
| Awarding Agency | Description | Amount | Fiscal Year | Period | Link |
|---|---|---|---|---|---|
| Department of Commerce | CARES ACT RLF | $4.4M | — | — – — | Open → |
| Department of Commerce | REVOLVING LOAN FUND | $800K | — | — – — | Open → |
| Department of Commerce | ESTABLISH RLF | $725K | FY2009 | Feb 2009 – Jun 2011 | Open → |
| Department of the Treasury | CDFI RAPID RESPONSE PROGRAM AWARD | $570K | FY2021 | Jun 2021 – Dec 2023 | Open → |
| Department of Commerce | REVOLVING LOAN FUND | $500K | — | — – — | Open → |
| Department of Commerce | REVOLVING LOAN FUND | $500K | FY2016 | Aug 2016 – Feb 2018 | Open → |
| Department of Commerce | REVOLVING LOAN FUND | $500K | FY2015 | Mar 2015 – Sep 2016 | Open → |
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
10
Clean Audits
6
Material Weakness
Yes
Noncompliance Issues
Yes
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Clean | Unmodified (Clean) | $11.6M | Yes | 2026-04-28 |
| 2024 | Clean | Unmodified (Clean) | $10.8M | Yes | 2025-05-12 |
| 2023 | Clean | Unmodified (Clean) | $11M | No | 2024-05-17 |
| 2022 | Minor Findings | Unmodified (Clean) | $11.2M | No | 2023-06-07 |
| 2021 | Minor Findings | Unmodified (Clean) | $13.9M | No | 2022-05-03 |
| 2020 | Minor Findings | Unmodified (Clean) | $9.4M | No | 2021-07-25 |
| 2019 | Material Weakness | Unmodified (Clean) | $7.1M | Yes | 2020-07-15 |
| 2018 | Clean | Unmodified (Clean) | $1.9M | Yes | 2019-04-24 |
| 2017 | Clean | Unmodified (Clean) | $1.9M | Yes | 2018-04-16 |
| 2016 | Clean | Unmodified (Clean) | $2.1M | Yes | 2017-04-17 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$11.6M
Financial Report
Unmodified (Clean)
Federal Expenditure
$10.8M
Financial Report
Unmodified (Clean)
Federal Expenditure
$11M
Financial Report
Unmodified (Clean)
Federal Expenditure
$11.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$13.9M
Financial Report
Unmodified (Clean)
Federal Expenditure
$9.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$7.1M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.9M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.9M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.1M
Source: IRS e-Filed Form 990
No officer or director compensation data available for this organization.
This data is sourced from IRS Form 990, Part VII. It may not be available if the organization files Form 990-N (e-Postcard) or has not yet been enriched.
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 |
|---|---|---|---|---|---|
| 2023 | $2.4M | $1.2M | $1.3M | $24.9M | $17M |
| 2022 | $2.3M | $1M | $1.7M | $24.4M | $15.5M |
| 2021 | $4.5M | $3.4M | $737.4K | $22.5M | $14.8M |
| 2020 | $4.2M | $3.3M | $365.2K | $17.4M |
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 Form 990 via ProPublica Nonprofit Explorer (Tax Year 2023)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File · ProPublica Nonprofit Explorer
Tax-deductibility: IRS Publication 78
| $11M |
| 2019 | $623.6K | $41.5K | $668.1K | $13M | $7.2M |
| 2018 | $1.8M | $917.8K | $678.7K | $12.4M | $7.4M |
| 2017 | $2.6M | $828.8K | $1.8M | $12.1M | $6.3M |
| 2016 | $2.4M | $1.2M | $1M | $10.9M | $5.5M |
| 2015 | $1.5M | $881.6K | $555.3K | $8.8M | $4.1M |
| 2014 | $587.1K | $249.5K | $650.5K | $8.3M | $3.1M |
| 2013 | $574.7K | $244.3K | $430.5K | $8.6M | $3.2M |
| 2012 | $1.1M | $783K | $230.9K | $7.8M | $3.1M |
| 2011 | $587.1K | $324.2K | $233.9K | $5.6M | $2.2M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 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-EZ | — |