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Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$16.4M
Program Spending
78%
of total expenses go to program services
Total Contributions
$12.7M
Total Expenses
▼$14.4M
Total Assets
$73M
Total Liabilities
▼$27.8M
Net Assets
$45.2M
Officer Compensation
→$870.8K
Other Salaries
$4M
Investment Income
$870.1K
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$137.6M
Awards Found
89
Department of Housing and Urban Development
$9.1M
RURAL CAPACITY BUILDING FOR COMMUNITY DEVELOPMENT AND AFFORDABLE HOUSING GRANTS
Department of Housing and Urban Development
$8.5M
SELF-HELP HOMEOWNERSHIP OPPORTUNITY PROGRAM
Department of Housing and Urban Development
$8.2M
SELF HELP HOME OPPORTUNITY
Department of Housing and Urban Development
$6.6M
SELF HELP HOME OPPORTUNITY
Department of the Treasury
$5M
PURPOSE: TO ATTRACT FINANCING FOR AND INCREASE INVESTMENT IN AFFORDABLE HOUSING FOR PRIMARILY LOW INCOME, VERY LOW INCOME, AND EXTREMELY LOW INCOME PEOPLE AND FOR CERTAIN RELATED ECONOMIC AND COMMUNITY DEVELOPMENT ACTIVITIES. PLANNED ACTIVITIES: THROUGH COMPETITIVE GRANTS, THE CAPITAL MAGNET FUND (CMF) PROVIDES CAPITAL TO FINANCE AND SUPPORT AFFORDABLE HOUSING AND RELATED ECONOMIC DEVELOPMENT. END GOALS: EXPECTED OUTCOMES INCLUDE INCREASED PRIVATE INVESTMENT IN THE ACQUISITION, DEVELOPMENT, REHABILITATION, AND PRESERVATION OF AFFORDABLE RENTAL HOUSING AND HOMEOWNERSHIP. BENEFICIARIES: CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION; PRIVATE NONPROFIT HOUSING ORGANIZATIONS, PUBLIC NONPROFIT INSTITUTION/ORGANIZATION. LOW INCOME, VERY LOW INCOME, AND EXTREMELY LOW INCOME INDIVIDUALS AND FAMILIES AS SET FORTH IN 12 C.F.R. PART 1807, AS AMENDED. SUBRECIPIENTS: THERE ARE NO SUBRECIPIENTS FOR THIS PROGRAM. BROADBAND: NOT APPLICABLE. REASON/PURPOSE OF MODIFICATION: NOT APPLICABLE.
Department of Housing and Urban Development
$5M
HOUSING ASSISTANCE COUNCIL
Department of Housing and Urban Development
$4.9M
HOUSING ASSISTANCE COUNCIL
Department of Housing and Urban Development
$4M
PURPOSE: THE SELF-HELP HOMEOWNERSHIP OPPORTUNITY PROGRAM (SHOP) AWARDS GRANT FUNDS TO ELIGIBLE NATIONAL AND REGIONAL NONPROFIT ORGANIZATIONS AND CONSORTIA TO PURCHASE HOME SITES AND DEVELOP OR IMPROVE THE INFRASTRUCTURE NEEDED TO SET THE STAGE FOR SWEAT EQUITY AND VOLUNTEER-BASED HOMEOWNERSHIP PROGRAMS FOR LOW-INCOME PERSONS AND FAMILIES. SHOP FUNDS MUST BE USED FOR ELIGIBLE EXPENSES TO DEVELOP DECENT, SAFE, AND SANITARY NON-LUXURY HOUSING FOR LOW-INCOME PERSONS AND FAMILIES WHO OTHERWISE WOULD NOT BECOME HOMEOWNERS. HOMEBUYERS MUST BE WILLING TO CONTRIBUTE SIGNIFICANT AMOUNTS OF THEIR OWN SWEAT EQUITY TOWARD THE CONSTRUCTION OR REHABILITATION OF THEIR HOMES. PROJECT SUMMARIES CAN BE FOUND AT HTTPS://WWW.HUDEXCHANGE.INFO/PROGRAMS/SHOP/.; ACTIVITIES TO BE PERFORMED: SHOP GRANT FUNDS CAN ONLY BE USED FOR LAND ACQUISITION, INFRASTRUCTURE IMPROVEMENTS, AND ADMINISTRATIVE COSTS. TOTAL LAND ACQUISITION AND INFRASTRUCTURE IMPROVEMENT COSTS CANNOT EXCEED AN AVERAGE OF $25,000 IN SHOP ASSISTANCE PER UNIT. ADMINISTRATIVE COSTS CANNOT EXCEED 20 PERCENT OF THE SHOP GRANT AMOUNT. SHOP GRANTEES MUST LEVERAGE OTHER FUNDS FOR THE NEW CONSTRUCTION OR REHABILITATION OF THEIR SHOP UNITS.; EXPECTED OUTCOMES: EXPECTED OUTCOMES OF THE SHOP GRANT PROGRAM INCLUDE PROVIDING HOMES FOR LOW-INCOME PERSONS AND FAMILIES TO PURCHASE THROUGH AFFORDABLE FINANCING AND SWEAT EQUITY.; INTENDED BENEFICIARIES: INTENDED BENEFICIARIES OF SHOP GRANT FUNDS ARE LOW-INCOME INDIVIDUALS AND FAMILIES SEEKING HOMEOWNERSHIP.; SUBRECIPIENT ACTIVITIES: THE SUBRECIPIENT ACTIVITIES ARE UNKNOWN AT THE TIME OF AWARD.
Department of Housing and Urban Development
$3.5M
HOUSING ASSISTANCE COUNCIL
Department of Housing and Urban Development
$3.5M
PURPOSE: THE RURAL CAPACITY BUILDING PROGRAM ENHANCES THE CAPACITY AND ABILITY OF RURAL HOUSING DEVELOPMENT ORGANIZATIONS, COMMUNITY DEVELOPMENT CORPORATIONS (CDCS), COMMUNITY HOUSING DEVELOPMENT ORGANIZATIONS (CHDOS), LOCAL GOVERNMENTS, AND INDIAN TRIBES (ELIGIBLE BENEFICIARIES) TO CARRY OUT AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT ACTIVITIES IN RURAL AREAS FOR THE BENEFIT OF LOW- AND MODERATE-INCOME FAMILIES AND PERSONS. THE RURAL CAPACITY BUILDING PROGRAM ACHIEVES THIS BY FUNDING NATIONAL ORGANIZATIONS WITH EXPERTISE IN RURAL HOUSING AND RURAL COMMUNITY DEVELOPMENT WHO WORK DIRECTLY TO BUILD THE CAPACITY OF ELIGIBLE BENEFICIARIES. DETAILS OF FUNDING CAN BE FOUND AT THE WEBSITE HTTPS://WWW.HUD.GOV/PROGRAM_OFFICES/COMM_PLANNING/SECTION-4; ACTIVITIES TO BE PERFORMED: 1. TRAINING, EDUCATION, SUPPORT, AND ADVICE TO ENHANCE THE TECHNICAL AND ADMINISTRATIVE CAPABILITIES OF CDCS AND RURAL HOUSING DEVELOPMENT ORGANIZATIONS (RHDOS). THIS MAY INCLUDE BUILDING THE CAPACITY OF CDCS AND RHDOS TO: • PARTICIPATE IN CONSOLIDATED PLANNING, FAIR HOUSING PLANNING AND CONTINUUM OF CARE HOMELESS ASSISTANCE EFFORTS THAT HELP ENSURE COMMUNITY-WIDE PARTICIPATION IN ASSESSING AREA NEEDS. • NAVIGATE THE INCREASED HOUSING AND COMMUNITY DEVELOPMENT RESOURCES PROVIDED BY THE FEDERAL GOVERNMENT AND ASSIST IN DIRECTING FEDERAL INVESTMENTS TO UNDERSERVED COMMUNITIES; • CONSULT BROADLY WITHIN THE COMMUNITY; • COOPERATIVELY PLAN FOR THE USE OF AVAILABLE RESOURCES IN A COMPREHENSIVE AND HOLISTIC MANNER; AND • ASSIST IN EVALUATING PERFORMANCE UNDER THESE COMMUNITY PLANNING AND COORDINATION EFFORTS AND IN LINKING PLANS WITH NEIGHBORING COMMUNITIES TO FOSTER REGIONAL PLANNING. 2. PASS-THROUGH GRANTS, LOANS, PREDEVELOPMENT ASSISTANCE, OR OTHER FINANCIAL ASSISTANCE TO CDCS AND RHDOS TO INCREASE THEIR CAPACITY TO CARRY OUT COMMUNITY DEVELOPMENT AND AFFORDABLE HOUSING ACTIVITIES THAT BENEFIT LOW-INCOME OR LOW- AND MODERATE-INCOME FAMILIES AND PERSONS. 3. OTHER ACTIVITIES AS MAY BE DETERMINED BY THE GRANTEES IN CONSULTATION WITH THE SECRETARY OR HIS OR HER DESIGNEE.; EXPECTED OUTCOMES: THE RURAL CAPACITY BUILDING PROGRAM MUST DEMONSTRATE HOW ELIGIBLE BENEFICIARIES’ IMPROVED SKILLS, TECHNICAL CAPABILITIES, AND ABILITY TO UNDERTAKE COMMUNITY DEVELOPMENT AND AFFORDABLE HOUSING ACTIVITIES THAT ARE IDENTIFIED AND MEASURED.; INTENDED BENEFICIARIES: ELIGIBLE BENEFICIARIES ARE RURAL HOUSING DEVELOPMENT ORGANIZATIONS, CDCS, CHDOS, LOCAL GOVERNMENTS, AND INDIAN TRIBES (ELIGIBLE BENEFICIARIES).; SUBRECIPIENT ACTIVITIES: THE SUBRECIPIENT ACTIVITIES ARE UNKNOWN AT THE TIME OF AWARD.
Department of Housing and Urban Development
$3.2M
SELF-HELP HOMEOWNERSHIP OPPORTUNITY PROGRAM (SHOP)
Department of the Treasury
$2.8M
PURPOSE: TO ATTRACT FINANCING FOR AND INCREASE INVESTMENT IN AFFORDABLE HOUSING FOR PRIMARILY LOW INCOME, VERY LOW INCOME, AND EXTREMELY LOW INCOME PEOPLE AND FOR CERTAIN RELATED ECONOMIC AND COMMUNITY DEVELOPMENT ACTIVITIES. PLANNED ACTIVITIES: THROUGH COMPETITIVE GRANTS, THE CAPITAL MAGNET FUND (CMF) PROVIDES CAPITAL TO FINANCE AND SUPPORT AFFORDABLE HOUSING AND RELATED ECONOMIC DEVELOPMENT. END GOALS: EXPECTED OUTCOMES INCLUDE INCREASED PRIVATE INVESTMENT IN THE ACQUISITION, DEVELOPMENT, REHABILITATION, AND PRESERVATION OF AFFORDABLE RENTAL HOUSING AND HOMEOWNERSHIP. BENEFICIARIES: CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION; PRIVATE NONPROFIT HOUSING ORGANIZATIONS, PUBLIC NONPROFIT INSTITUTION/ORGANIZATION. LOW INCOME, VERY LOW INCOME, AND EXTREMELY LOW INCOME INDIVIDUALS AND FAMILIES AS SET FORTH IN 12 C.F.R. PART 1807, AS AMENDED. SUBRECIPIENTS: THERE ARE NO SUBRECIPIENTS FOR THIS PROGRAM. BROADBAND: NOT APPLICABLE. REASON/PURPOSE OF MODIFICATION: NOT APPLICABLE.
Department of Housing and Urban Development
$2.7M
RURAL CAPACITY BUILDING FOR COMMUNITY DEVELOPMENT AND AFFORDABLE HOUSING GRANTS
Department of Housing and Urban Development
$2.5M
PURPOSE: THE SELF-HELP HOMEOWNERSHIP OPPORTUNITY PROGRAM (SHOP) AWARDS GRANT FUNDS TO ELIGIBLE NATIONAL AND REGIONAL NONPROFIT ORGANIZATIONS AND CONSORTIA TO PURCHASE HOME SITES AND DEVELOP OR IMPROVE THE INFRASTRUCTURE NEEDED TO SET THE STAGE FOR SWEAT EQUITY AND VOLUNTEER-BASED HOMEOWNERSHIP PROGRAMS FOR LOW-INCOME PERSONS AND FAMILIES. SHOP FUNDS MUST BE USED FOR ELIGIBLE EXPENSES TO DEVELOP DECENT, SAFE, AND SANITARY NON-LUXURY HOUSING FOR LOW-INCOME PERSONS AND FAMILIES WHO OTHERWISE WOULD NOT BECOME HOMEOWNERS. HOMEBUYERS MUST BE WILLING TO CONTRIBUTE SIGNIFICANT AMOUNTS OF THEIR OWN SWEAT EQUITY TOWARD THE CONSTRUCTION OR REHABILITATION OF THEIR HOMES. PROJECT SUMMARIES CAN BE FOUND AT HTTPS://WWW.HUDEXCHANGE.INFO/PROGRAMS/SHOP/.; ACTIVITIES TO BE PERFORMED: SHOP GRANT FUNDS CAN ONLY BE USED FOR LAND ACQUISITION, INFRASTRUCTURE IMPROVEMENTS, AND ADMINISTRATIVE COSTS. TOTAL LAND ACQUISITION AND INFRASTRUCTURE IMPROVEMENT COSTS CANNOT EXCEED AN AVERAGE OF $25,000 IN SHOP ASSISTANCE PER UNIT. ADMINISTRATIVE COSTS CANNOT EXCEED 20 PERCENT OF THE SHOP GRANT AMOUNT. SHOP GRANTEES MUST LEVERAGE OTHER FUNDS FOR THE NEW CONSTRUCTION OR REHABILITATION OF THEIR SHOP UNITS.; EXPECTED OUTCOMES: EXPECTED OUTCOMES OF THE SHOP GRANT PROGRAM INCLUDE PROVIDING HOMES FOR LOW-INCOME PERSONS AND FAMILIES TO PURCHASE THROUGH AFFORDABLE FINANCING AND SWEAT EQUITY.; INTENDED BENEFICIARIES: INTENDED BENEFICIARIES OF SHOP GRANT FUNDS ARE LOW-INCOME INDIVIDUALS AND FAMILIES SEEKING HOMEOWNERSHIP.; SUBRECIPIENT ACTIVITIES: THE SUBRECIPIENT ACTIVITIES ARE UNKNOWN AT THE TIME OF AWARD.
Department of the Treasury
$2.5M
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 Housing and Urban Development
$2.3M
RURAL CAPACITY BUILDING FOR COMMUNITY DEVELOPMENT AND AFFORDABLE HOUSING GRANTS
Department of Housing and Urban Development
$2.1M
ONECPD TA & CAPACITY BLDG
Department of Housing and Urban Development
$1.9M
RURAL CAPACITY BUILDING FOR COMMUNITY DEVELOPMENT AND AFFORDABLE HOUSING GRANTS
Department of Housing and Urban Development
$1.6M
SELF-HELP HOMEOWNERSHIP OPPORTUNITY PROGRAM
Department of Housing and Urban Development
$1.3M
SELF-HELP HOMEOWNERSHIP OPPORTUNITY PROGRAM (SHOP)
Department of Housing and Urban Development
$1.3M
SELF-HELP HOMEOWNERSHIP OPPORTUNITY PROGRAM (SHOP)
Department of the Treasury
$1.3M
PURPOSE: TO PROMOTE ECONOMIC REVITALIZATION AND COMMUNITY DEVELOPMENT THROUGH INVESTMENT IN AND FINANCIAL ASSISTANCE TO COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS). PLANNED ACTIVITIES: FINANCIAL ASSISTANCE MUST BE USED FOR FINANCIAL PRODUCTS, FINANCIAL SERVICES (REGULATED INSTITUTIONS ONLY), DEVELOPMENT SERVICES, LOAN LOSS RESERVES, AND CAPITAL RESERVES (REGULATED INSTITUTIONS ONLY), IN AN ELIGIBLE MARKET OR THE RECIPIENT’S APPROVED TARGET MARKET. END GOALS: THE GOAL OF THE FINANCIAL ASSISTANCE IS FOR CDFIS TO BUILD THEIR FINANCIAL CAPACITY TO LEND TO ELIGIBLE MARKETS AND/OR THEIR TARGET MARKETS, IN ORDER TO SERVE RURAL AND URBAN LOW INCOME PEOPLE, AND COMMUNITIES ACROSS THE NATION THAT LACK ADEQUATE ACCESS TO AFFORDABLE FINANCIAL PRODUCTS AND FINANCIAL SERVICES. BENEFICIARIES: PROFIT ORGANIZATION, PRIVATE NONPROFIT INSTITUTION/ORGANIZATION, OTHER PRIVATE INSTITUTION/ORGANIZATION INVESTMENT AREAS AND TARGETED POPULATIONS, AS DEFINED IN 12 C.F.R. 1805. 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: THE RIEGLE ACT (P.L. 103 325), THE STATUTE WHICH AUTHORIZES THE CDFI PROGRAM, REQUIRES THAT FINANCIAL ASSISTANCE AWARDS, INCLUDING BASE FINANCIAL ASSISTANCE (BASE FA), DISABILITY FUNDS FINANCIAL ASSISTANCE (DF FA), AND PERSISTENT POVERTY COUNTIES FINANCIAL ASSISTANCE (PPC FA), BE MATCHED WITH FUNDS FROM NON FEDERAL GOVERNMENT SOURCES AND COMPARABLE IN FORM AND VALUE TO THE FA AWARD. MODIFICATIONS WOULD BE REQUIRED IF THERE IS A CHANGE IN THE FORM AND/OR AMOUNT ORIGINALLY OBLIGATED FOR THE AWARD, BASED ON APPROVED MATCHING FUNDS. NOTE: MATCHING FUNDS ARE REQUIRED ONLY FOR ORGANIZATIONS APPLYING AS CATEGORY II/CORE FA APPLICANTS UNDER THE CDFI PROGRAM. MATCHING FUNDS ARE NOT REQUIRED FOR ANY NATIVE CDFI APPLICANTS OR HOUSING PRODUCTION FINANCIAL ASSISTANCE AWARDS (HP FA). ADDITIONALLY, MATCHING FUNDS ARE NOT REQUIRED FOR SMALL AND EMERGING CDFI ASSISTANCE (SECA) FA APPLICANTS AND HEALTHY FOOD FINANCING INITIATIVES (HFFI) FA APPLICANTS, PENDING FINAL FY 2025 APPROPRIATIONS LANGUAGE.
Department of Housing and Urban Development
$1.2M
SELF-HELP HOMEOWNERSHIP OPPORTUNITY PROGRAM (SHOP)
Department of Housing and Urban Development
$1.1M
SELF-HELP HOMEOWNERSHIP OPPORTUNITY PROGRAM
Department of Housing and Urban Development
$1.1M
SELF-HELP HOMEOWNERSHIP OPPORTUNITY PROGRAM (SHOP)
Department of Housing and Urban Development
$1M
SELF-HELP HOMEOWNERSHIP OPPORTUNITY PROGRAM
Department of Housing and Urban Development
$1M
RURAL CAPACITY BUILDING FOR COMMUNITY DEVELOPMENT AND AFFORDABLE HOUSING GRANTS
Department of Housing and Urban Development
$824K
VETERANS HOME REHABILATION PROGRAM
Department of Housing and Urban Development
$778.9K
RURAL CAPACITY BUILDING FOR COMMUNITY DEVELOPMENT AND AFFORDABLE HOUSING GRANTS
Department of Health and Human Services
$731.7K
COMPASSION CAPITAL FUND (CCF) DEMONSTRATION PROGRAM
Department of the Treasury
$717.9K
PURPOSE: TO PROMOTE ECONOMIC REVITALIZATION AND COMMUNITY DEVELOPMENT THROUGH INVESTMENT IN AND FINANCIAL ASSISTANCE TO COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS). PLANNED ACTIVITIES: FINANCIAL ASSISTANCE MUST BE USED FOR FINANCIAL PRODUCTS, FINANCIAL SERVICES (REGULATED INSTITUTIONS ONLY), DEVELOPMENT SERVICES, LOAN LOSS RESERVES, AND CAPITAL RESERVES (REGULATED INSTITUTIONS ONLY), IN AN ELIGIBLE MARKET OR THE RECIPIENT’S APPROVED TARGET MARKET. END GOALS: THE GOAL OF THE FINANCIAL ASSISTANCE IS FOR CDFIS TO BUILD THEIR FINANCIAL CAPACITY TO LEND TO ELIGIBLE MARKETS AND/OR THEIR TARGET MARKETS, IN ORDER TO SERVE RURAL AND URBAN LOW INCOME PEOPLE, AND COMMUNITIES ACROSS THE NATION THAT LACK ADEQUATE ACCESS TO AFFORDABLE FINANCIAL PRODUCTS AND FINANCIAL SERVICES. BENEFICIARIES: PROFIT ORGANIZATION, PRIVATE NONPROFIT INSTITUTION/ORGANIZATION, OTHER PRIVATE INSTITUTION/ORGANIZATION INVESTMENT AREAS AND TARGETED POPULATIONS, AS DEFINED IN 12 C.F.R. 1805. 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: THE RIEGLE ACT (P.L. 103 325), THE STATUTE WHICH AUTHORIZES THE CDFI PROGRAM, REQUIRES THAT FINANCIAL ASSISTANCE AWARDS, INCLUDING BASE FINANCIAL ASSISTANCE (BASE FA), DISABILITY FUNDS FINANCIAL ASSISTANCE (DF FA), AND PERSISTENT POVERTY COUNTIES FINANCIAL ASSISTANCE (PPC FA), BE MATCHED WITH FUNDS FROM NON FEDERAL GOVERNMENT SOURCES AND COMPARABLE IN FORM AND VALUE TO THE FA AWARD. MODIFICATIONS WOULD BE REQUIRED IF THERE IS A CHANGE IN THE FORM AND/OR AMOUNT ORIGINALLY OBLIGATED FOR THE AWARD, BASED ON APPROVED MATCHING FUNDS. NOTE: MATCHING FUNDS ARE REQUIRED ONLY FOR ORGANIZATIONS APPLYING AS CATEGORY II/CORE FA APPLICANTS UNDER THE CDFI PROGRAM. MATCHING FUNDS ARE NOT REQUIRED FOR ANY NATIVE CDFI APPLICANTS OR HOUSING PRODUCTION FINANCIAL ASSISTANCE AWARDS (HP FA). ADDITIONALLY, MATCHING FUNDS ARE NOT REQUIRED FOR SMALL AND EMERGING CDFI ASSISTANCE (SECA) FA APPLICANTS AND HEALTHY FOOD FINANCING INITIATIVES (HFFI) FA APPLICANTS, PENDING FINAL FY 2025 APPROPRIATIONS LANGUAGE.
Department of the Treasury
$701.5K
PURPOSE: TO PROMOTE ECONOMIC REVITALIZATION AND COMMUNITY DEVELOPMENT THROUGH INVESTMENT IN AND FINANCIAL ASSISTANCE TO COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS). PLANNED ACTIVITIES: FINANCIAL ASSISTANCE MUST BE USED FOR FINANCIAL PRODUCTS, FINANCIAL SERVICES (REGULATED INSTITUTIONS ONLY), DEVELOPMENT SERVICES, LOAN LOSS RESERVES, AND CAPITAL RESERVES (REGULATED INSTITUTIONS ONLY), IN AN ELIGIBLE MARKET OR THE RECIPIENT’S APPROVED TARGET MARKET. END GOALS: THE GOAL OF THE FINANCIAL ASSISTANCE IS FOR CDFIS TO BUILD THEIR FINANCIAL CAPACITY TO LEND TO ELIGIBLE MARKETS AND/OR THEIR TARGET MARKETS, IN ORDER TO SERVE RURAL AND URBAN LOW INCOME PEOPLE, AND COMMUNITIES ACROSS THE NATION THAT LACK ADEQUATE ACCESS TO AFFORDABLE FINANCIAL PRODUCTS AND FINANCIAL SERVICES. BENEFICIARIES: PROFIT ORGANIZATION, PRIVATE NONPROFIT INSTITUTION/ORGANIZATION, OTHER PRIVATE INSTITUTION/ORGANIZATION INVESTMENT AREAS AND TARGETED POPULATIONS, AS DEFINED IN 12 C.F.R. 1805. 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: THE RIEGLE ACT (P.L. 103 325), THE STATUTE WHICH AUTHORIZES THE CDFI PROGRAM, REQUIRES THAT FINANCIAL ASSISTANCE AWARDS, INCLUDING BASE FINANCIAL ASSISTANCE (BASE FA), DISABILITY FUNDS FINANCIAL ASSISTANCE (DF FA), AND PERSISTENT POVERTY COUNTIES FINANCIAL ASSISTANCE (PPC FA), BE MATCHED WITH FUNDS FROM NON FEDERAL GOVERNMENT SOURCES AND COMPARABLE IN FORM AND VALUE TO THE FA AWARD. MODIFICATIONS WOULD BE REQUIRED IF THERE IS A CHANGE IN THE FORM AND/OR AMOUNT ORIGINALLY OBLIGATED FOR THE AWARD, BASED ON APPROVED MATCHING FUNDS. NOTE: MATCHING FUNDS ARE REQUIRED ONLY FOR ORGANIZATIONS APPLYING AS CATEGORY II/CORE FA APPLICANTS UNDER THE CDFI PROGRAM. MATCHING FUNDS ARE NOT REQUIRED FOR ANY NATIVE CDFI APPLICANTS OR HOUSING PRODUCTION FINANCIAL ASSISTANCE AWARDS (HP FA). ADDITIONALLY, MATCHING FUNDS ARE NOT REQUIRED FOR SMALL AND EMERGING CDFI ASSISTANCE (SECA) FA APPLICANTS AND HEALTHY FOOD FINANCING INITIATIVES (HFFI) FA APPLICANTS, PENDING FINAL FY 2025 APPROPRIATIONS LANGUAGE.
National Endowment for the Arts
$700K
PURPOSE: TO SUPPORT THE CITIZENS INSTITUTE ON RURAL DESIGN (CIRD) WHICH ENHANCES THE QUALITY OF LIFE AND ECONOMIC VITALITY OF SMALL TOWNS AND RURAL COMMUNITIES THROUGH PLANNING DESIGN AND CREATIVE PLACEMAKING.
Department of Housing and Urban Development
$685.1K
RURAL CAPACITY BUILDING FOR COMMUNITY DEVELOPMENT AND AFFORDABLE HOUSING GRANTS
Department of Housing and Urban Development
$597.4K
CPD'S TRANSFORMATION INTITIATIVE TECHNICIAL ASSISTANCE
Department of Agriculture
$500K
RURAL COOPERATIVE DEVELOPMENT INITIATIVE GRANTS
Department of Agriculture
$500K
RURAL COOPERATIVE DEVELOPMENT INITIATIVE GRANTS
National Endowment for the Arts
$400K
TO SUPPORT THE CITIZENS INSTITUTE ON RURAL DESIGN (CIRD) WHICH ENHANCES THE QUALITY OF LIFE AND ECONOMIC VIABILITY OF SMALL TOWNS AND RURAL COMMUNITIES THROUGH PLANNING DESIGN ASSISTANCE AND CREATIVE PLACEMAKING ACTIVITIES.
National Endowment for the Arts
$350K
TO SUPPORT THE CITIZENS INSTITUTE ON RURAL DESIGN (CIRD) WHICH ENHANCES THE QUALITY OF LIFE AND ECONOMIC VIABILITY OF SMALL TOWNS AND RURAL COMMUNITIES THROUGH PLANNING DESIGN ASSISTANCE AND CREATIVE PLACEMAKING ACTIVITIES.
Department of Agriculture
$261.5K
RURAL COOPERATIVE DEVELOPMENT INITIATIVE GRANTS
Department of Agriculture
$251.7K
RURAL COOPERATIVE DEVELOPMENT INITIATIVE GRANTS
Department of Agriculture
$250K
RURAL COOPERATIVE DEVELOPMENT INITIATIVE GRANTS
Department of Agriculture
$250K
RURAL COOPERATIVE DEVELOPMENT INITIATIVE GRANTS
Department of Agriculture
$250K
RURAL COOPERATIVE DEVELOPMENT INITIATIVE GRANTS
Department of Agriculture
$250K
RURAL COOPERATIVE DEVELOPMENT INITIATIVE GRANTS
Department of Agriculture
$250K
RURAL COOPERATIVE DEVELOPMENT INITIATIVE GRANTS
Department of Agriculture
$250K
RURAL COOPERATIVE DEVELOPMENT INITIATIVE GRANTS
Department of Housing and Urban Development
$250K
COMMUNITY COMPASS TECHNICAL ASSISTANCE AND CAPACITY BUILDING
Department of Agriculture
$250K
RURAL COOPERATIVE DEVELOPMENT INITIATIVE GRANTS
Department of Agriculture
$250K
RURAL COOPERATIVE DEVELOPMENT INITIATIVE GRANTS
Department of Agriculture
$250K
RURAL COOPERATIVE DEVELOPMENT INITIATIVE GRANTS
Department of Agriculture
$234.6K
RURAL COOPERATIVE DEVELOPMENT INITIATIVE GRANTS
Department of Agriculture
$209.1K
COMMUNITY FACILITY DISASTER TECHNICAL ASSISTANCE AND TRAINING GRANTS
Department of Agriculture
$200K
RURAL COOPERATIVE DEVELOPMENT INITIATIVE GRANTS
Department of Agriculture
$175.1K
RURAL COOPERATIVE DEVELOPMENT INITIATIVE GRANTS
Department of Agriculture
$152.5K
RURAL COOPERATIVE DEVELOPMENT INITIATIVE GRANTS
Department of Agriculture
$150K
SECTION 6006 COMMUNITY FACILITIES (CF) TECHNICAL AND TRAINING (TAT) GRANT
Department of Agriculture
$147.3K
SECTION 6006 COMMUNITY FACILITIES (CF) TECHNICAL AND TRAINING (TAT) GRANT
Department of Housing and Urban Development
$145K
COMMUNITY COMPASS TECHNICAL ASSISTANCE AND CAPACITY BUILDING
Department of Housing and Urban Development
$39K
HOUSING COUNSELING ASSISTANCE PROGRAM
Department of Housing and Urban Development
$35K
HOUSING COUNSELING ASSISTANCE PROGRAM
Department of Housing and Urban Development
$20K
HSNG COUNSEL ASSIST GRANTS
National Endowment for the Arts
$20K
TO SUPPORT AN EXHIBITION SERIES FEATURING WORK BY THE PHOTOGRAPHER GEORGE BALLIS (1925-2010).
Department of Housing and Urban Development
-$72.5K
HOME(CHDO) TA GRANTS
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
10
Clean Audits
10
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Clean | Unmodified (Clean) | $37.5M | Yes | 2026-03-10 |
| 2024 | Clean | Unmodified (Clean) | $33.6M | Yes | 2025-04-24 |
| 2023 | Clean | Unmodified (Clean) | $22.1M | Yes | 2024-05-28 |
| 2022 | Clean | Unmodified (Clean) | $18.9M | Yes | 2023-03-15 |
| 2021 | Clean | Unmodified (Clean) | $16.8M | Yes | 2022-03-13 |
| 2020 | Clean | Unmodified (Clean) | $14.8M | Yes | 2021-03-11 |
| 2019 | Clean | Unmodified (Clean) | $15.6M | Yes | 2020-04-21 |
| 2018 | Clean | Unmodified (Clean) | $20.9M | Yes | 2019-04-03 |
| 2017 | Clean | Unmodified (Clean) | $1.8M | Yes | 2018-04-05 |
| 2016 | Clean | Unmodified (Clean) | $3.2M | No | 2017-05-03 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$37.5M
Financial Report
Unmodified (Clean)
Federal Expenditure
$33.6M
Financial Report
Unmodified (Clean)
Federal Expenditure
$22.1M
Financial Report
Unmodified (Clean)
Federal Expenditure
$18.9M
Financial Report
Unmodified (Clean)
Federal Expenditure
$16.8M
Financial Report
Unmodified (Clean)
Federal Expenditure
$14.8M
Financial Report
Unmodified (Clean)
Federal Expenditure
$15.6M
Financial Report
Unmodified (Clean)
Federal Expenditure
$20.9M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.8M
Financial Report
Unmodified (Clean)
Federal Expenditure
$3.2M
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 | $16.4M | $12.7M | $14.4M | $73M | $45.2M |
| 2022 | $14.5M | $12.6M | $8.5M | $56.4M | $37.6M |
| 2021 | $11.6M | $8.8M | $8M | $50.2M | $32.2M |
| 2020 | $6.1M | $4.7M | $6.8M |
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 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 |
|---|
| David Lipsetz | President & CEO | 40 | $343.5K | $0 | $30.7K | $374.1K |
| Travis Lance George | Asst. Sec./ Research & Information | 40 | $177.1K | $0 | $21.7K | $198.8K |
| Leonel Octavio Parra | CFO (until 12/23) | 40 | $92.2K | $0 | $8,134 | $100.4K |
| Karin Klusmann | Dir. Fin. & Admin (until 7/23) | 40 | $84.6K | $0 | $4,907 | $89.5K |
| Simon Peter Kabogoza | Asst. Treas./dir. Fin. & Admin | 40 | $18.7K | $0 | $0 | $18.7K |
| Laura Buxbaum | Chair | 1 | $0 | $0 | $0 | $0 |
| Theresa Singleton | Vice Chair | 1 | $0 | $0 | $0 | $0 |
| Tom Manning-Beavin | Treasurer | 1 | $0 | $0 | $0 | $0 |
| Peter Carey | Secretary (until 9/24) | 1 | $0 | $0 | $0 | $0 |
David Lipsetz
President & CEO
$374.1K
Hrs/Wk
40
Compensation
$343.5K
Related Orgs
$0
Other
$30.7K
Travis Lance George
Asst. Sec./ Research & Information
$198.8K
Hrs/Wk
40
Compensation
$177.1K
Related Orgs
$0
Other
$21.7K
Leonel Octavio Parra
CFO (until 12/23)
$100.4K
Hrs/Wk
40
Compensation
$92.2K
Related Orgs
$0
Other
$8,134
Karin Klusmann
Dir. Fin. & Admin (until 7/23)
$89.5K
Hrs/Wk
40
Compensation
$84.6K
Related Orgs
$0
Other
$4,907
Simon Peter Kabogoza
Asst. Treas./dir. Fin. & Admin
$18.7K
Hrs/Wk
40
Compensation
$18.7K
Related Orgs
$0
Other
$0
Laura Buxbaum
Chair
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Theresa Singleton
Vice Chair
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Tom Manning-Beavin
Treasurer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Peter Carey
Secretary (until 9/24)
$0
Hrs/Wk
1
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 |
|---|---|---|---|---|---|---|
| Eileen Neely | Lending Director (until 9/24) | 40 | $192.5K | $0 | $28.6K | $221.1K |
| Jonathan Harwitz | Director Of Public Policy | 40 | $164.7K | $0 | $49.8K | $214.5K |
| Shonterria Charleston | Director- Training/technical | 40 | $162K | $0 | $33.6K | $195.6K |
| Jennifer Mcallister | Development Manager | 40 | $141.8K | $0 | $17.3K | $159.2K |
| Kristin Blum | Lending Director (as Of 9/24) | 40 | $117.2K | $0 | $31.1K | $148.3K |
Eileen Neely
Lending Director (until 9/24)
$221.1K
Hrs/Wk
40
Compensation
$192.5K
Related Orgs
$0
Other
$28.6K
Jonathan Harwitz
Director Of Public Policy
$214.5K
Hrs/Wk
40
Compensation
$164.7K
Related Orgs
$0
Other
$49.8K
Shonterria Charleston
Director- Training/technical
$195.6K
Hrs/Wk
40
Compensation
$162K
Related Orgs
$0
Other
$33.6K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Andrew B Winter | Director | 0.6 | $0 | $0 | $0 | $0 |
| Arturo Alvarado | Director | 0.6 | $0 | $0 | $0 | $0 |
| Bennie Thompson | Director | 0.6 | $0 | $0 | $0 | $0 |
| Connie Wright | Director | 0.6 | $0 | $0 | $0 | $0 |
| Dave Castillo | Director | 0.6 | $0 | $0 | $0 | $0 |
| Elisabeth Coats | Director/at Large |
Andrew B Winter
Director
$0
Hrs/Wk
0.6
Compensation
$0
Related Orgs
$0
Other
$0
Arturo Alvarado
Director
$0
Hrs/Wk
0.6
Compensation
$0
Related Orgs
$0
Other
$0
Bennie Thompson
Director
$0
Hrs/Wk
0.6
Compensation
$0
Related Orgs
$0
Other
$0
| $39.4M |
| $28.6M |
| 2019 | $4.2M | $3M | $6.7M | $37.8M | $28.6M |
| 2018 | $5.6M | $4.5M | $5.7M | $40.5M | $31M |
| 2017 | $6.2M | $4.8M | $6.5M | $41.3M | $31M |
| 2016 | $6.3M | $5.2M | $8.9M | $48.3M | $35.9M |
| 2015 | $10.6M | $9.3M | $11.7M | $55.5M | $41.1M |
| 2014 | $9.2M | $7.9M | $10.1M | $58.5M | $41.4M |
| 2013 | $14.4M | $13M | $11.5M | $59.5M | $42.4M |
| 2012 | $11.5M | $10.2M | $11.1M | $57.2M | $40M |
| 2011 | $15.1M | $14.2M | $12.9M | $55.8M | $39.7M |
| 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 | — |
| 2001 | 990 | — |
Jennifer Mcallister
Development Manager
$159.2K
Hrs/Wk
40
Compensation
$141.8K
Related Orgs
$0
Other
$17.3K
Kristin Blum
Lending Director (as Of 9/24)
$148.3K
Hrs/Wk
40
Compensation
$117.2K
Related Orgs
$0
Other
$31.1K
| 1 |
| $0 |
| $0 |
| $0 |
| $0 |
| Mellor Willie | Director | 0.6 | $0 | $0 | $0 | $0 |
| Naomi Woodson Scipio | Director (until 9/24) | 0.6 | $0 | $0 | $0 | $0 |
| Natalie Maxwell | Director | 0.6 | $0 | $0 | $0 | $0 |
| Nick Mitchell-Bennett | Director | 0.6 | $0 | $0 | $0 | $0 |
| Vanessa Josey | Director | 0.6 | $0 | $0 | $0 | $0 |
Connie Wright
Director
$0
Hrs/Wk
0.6
Compensation
$0
Related Orgs
$0
Other
$0
Dave Castillo
Director
$0
Hrs/Wk
0.6
Compensation
$0
Related Orgs
$0
Other
$0
Elisabeth Coats
Director/at Large
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mellor Willie
Director
$0
Hrs/Wk
0.6
Compensation
$0
Related Orgs
$0
Other
$0
Naomi Woodson Scipio
Director (until 9/24)
$0
Hrs/Wk
0.6
Compensation
$0
Related Orgs
$0
Other
$0
Natalie Maxwell
Director
$0
Hrs/Wk
0.6
Compensation
$0
Related Orgs
$0
Other
$0
Nick Mitchell-Bennett
Director
$0
Hrs/Wk
0.6
Compensation
$0
Related Orgs
$0
Other
$0
Vanessa Josey
Director
$0
Hrs/Wk
0.6
Compensation
$0
Related Orgs
$0
Other
$0