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Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$4.1M
Program Spending
68%
of total expenses go to program services
Total Contributions
$2.6M
Total Expenses
▼$1.5M
Total Assets
$38.7M
Total Liabilities
▼$28.1M
Net Assets
$10.6M
Officer Compensation
→N/A
Other Salaries
$265.7K
Investment Income
$272.5K
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$6.4M
Awards Found
6
Department of the Treasury
$2.6M
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.
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
8
Clean Audits
8
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Clean | Unmodified (Clean) | $4.3M | Yes | 2026-03-25 |
| 2024 | Clean | Unmodified (Clean) | $3.5M | Yes | 2025-04-01 |
| 2023 | Clean | Unmodified (Clean) | $3.3M | Yes | 2024-03-15 |
| 2022 | Clean | Unmodified (Clean) | $2.9M | Yes | 2023-04-12 |
| 2021 | Clean | Unmodified (Clean) | $765K | Yes | 2022-03-02 |
| 2020 | Clean | Unmodified (Clean) | $1.3M | Yes | 2021-05-02 |
| 2019 | Clean | Unmodified (Clean) | $1.1M | No | 2020-06-11 |
| 2018 | Clean | Unmodified (Clean) | $918K | No | 2019-02-12 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$4.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$3.5M
Financial Report
Unmodified (Clean)
Federal Expenditure
$3.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.9M
Financial Report
Unmodified (Clean)
Federal Expenditure
$765K
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.1M
Financial Report
Unmodified (Clean)
Federal Expenditure
$918K
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 |
|---|---|---|---|---|---|
| 2023IRS e-File | $4.1M | $2.6M | $1.5M | $38.7M | $10.6M |
| 2022 | $2.4M | $1.7M | $878.5K | $19.7M | $7.3M |
| 2021 | $578.7K | $6,330 | $516.4K | $15.4M | $5.8M |
| 2020 | $1.2M | $794.6K | $479.2K |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | |
| 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 2023)
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 |
|---|
| D Todd Clarke | Chair | 8 | $0 | $0 | $0 | $0 |
| Peter Gineris | Vice Chair | 1 | $0 | $0 | $0 | $0 |
| Jessica Kuhn | Secretary | 1 | $0 | $0 | $0 | $0 |
| Holly Barela | Treasurer | 1 | $0 | $0 | $0 | $0 |
D Todd Clarke
Chair
$0
Hrs/Wk
8
Compensation
$0
Related Orgs
$0
Other
$0
Peter Gineris
Vice Chair
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Jessica Kuhn
Secretary
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Holly Barela
Treasurer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Elizabeth Bernal | Member | 1 | $0 | $0 | $0 | $0 |
| F Tasha Martinez | Member | 1 | $0 | $0 | $0 | $0 |
| George Maestas | Member | 1 | $0 | $0 | $0 | $0 |
| Hannah Feil Greenhood | Member | 1 | $0 | $0 | $0 | $0 |
| Kamal Ali | Member | 1 | $0 | $0 | $0 | $0 |
| Leann Kemp | Member |
Elizabeth Bernal
Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
F Tasha Martinez
Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
George Maestas
Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $11.2M |
| $5.7M |
| 2019 | $642.2K | $371.9K | $483K | $5.8M | $5M |
| 2018 | $1.6M | $1.4M | $179.1K | $5.4M | $4.8M |
| 2017 | $457.4K | $400K | $133.3K | $4M | $3.4M |
| 2016 | $630.8K | $593.7K | $55.8K | $3.1M | $3.1M |
| 2015 | $920.1K | $900K | $55.3K | $2.5M | $2.5M |
| 2014 | $1.6M | $1.6M | $17.6K | $1.6M | $1.6M |
| 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 |
| 1 |
| $0 |
| $0 |
| $0 |
| $0 |
| Robbie Levey | Member | 1 | $0 | $0 | $0 | $0 |
| Shawn Colbert | Member | 1 | $0 | $0 | $0 | $0 |
| Steve Anaya | Member | 1 | $0 | $0 | $0 | $0 |
Hannah Feil Greenhood
Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Kamal Ali
Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Leann Kemp
Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Robbie Levey
Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Shawn Colbert
Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Steve Anaya
Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0