Loading organization details...
Loading organization details...
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$8.5M
Program Spending
89%
of total expenses go to program services
Total Contributions
$6.2M
Total Expenses
▼$4.8M
Total Assets
$52.5M
Total Liabilities
▼$22M
Net Assets
$30.5M
Officer Compensation
→$228.4K
Other Salaries
$1.2M
Investment Income
$222.6K
Fundraising
▼$0
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$4.3M
Awards Found
11
Department of the Treasury
$500K
PURPOSE: TO PROMOTE ECONOMIC REVITALIZATION AND COMMUNITY DEVELOPMENT THROUGH INVESTMENT IN AND FINANCIAL ASSISTANCE TO COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS). ACTIVITIES TO BE PERFORMED: 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 FOR 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 Agriculture
$402.1K
RURAL SELF-HELP HOUSING TECHNICAL ASSIST
Department of Agriculture
$383K
RURAL SELF-HELP HOUSING TECHNICAL ASSIST
Department of Agriculture
$383K
RURAL SELF-HELP HOUSING TECHNICAL ASSIST
Department of Agriculture
$383K
RURAL SELF-HELP HOUSING TECHNICAL ASSIST
Department of Agriculture
$383K
RURAL SELF-HELP HOUSING TECHNICAL ASSIST
Department of Agriculture
$27.9K
RURAL SELF-HELP HOUSING TECHNICAL ASSIST
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
10
Clean Audits
8
Material Weakness
Yes
Noncompliance Issues
Yes
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Material Weakness | Unmodified (Clean) | $4.9M | No | 2026-09-15 |
| 2024 | Clean | Unmodified (Clean) | $4.8M | Yes | 2025-07-16 |
| 2023 | Clean | Unmodified (Clean) | $4.4M | Yes | 2024-09-25 |
| 2022 | Clean | Unmodified (Clean) | $6.6M | Yes | 2023-07-09 |
| 2021 | Minor Findings | Unmodified (Clean) | $4.9M | Yes | 2022-09-27 |
| 2020 | Clean | Unmodified (Clean) | $4.6M | Yes | 2021-08-25 |
| 2019 | Clean | Unmodified (Clean) | $6.5M | Yes | 2020-07-07 |
| 2018 | Clean | Unmodified (Clean) | $5M | Yes | 2019-07-02 |
| 2017 | Clean | Unmodified (Clean) | $4.5M | Yes | 2018-08-07 |
| 2016 | Clean | Unmodified (Clean) | $1M | Yes | 2017-08-09 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$4.9M
Financial Report
Unmodified (Clean)
Federal Expenditure
$4.8M
Financial Report
Unmodified (Clean)
Federal Expenditure
$4.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$6.6M
Financial Report
Unmodified (Clean)
Federal Expenditure
$4.9M
Financial Report
Unmodified (Clean)
Federal Expenditure
$4.6M
Financial Report
Unmodified (Clean)
Federal Expenditure
$6.5M
Financial Report
Unmodified (Clean)
Federal Expenditure
$5M
Financial Report
Unmodified (Clean)
Federal Expenditure
$4.5M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1M
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 | $8.5M | $6.2M | $4.8M | $52.5M | $30.5M |
| 2023 | $4.5M | $1.9M | $4.3M | $46.6M | $26.7M |
| 2022 | $7.3M | $5.2M | $3.8M | $39.9M | $22.7M |
| 2021 | $6.1M | $3.1M | $3.3M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
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 |
|---|
| Geoffrey Barton | President & CEO | 39 | $176K | $0 | $0 | $176K |
| Vic Anderson | Outgoing Chief Financial Officer | 39 | $38.1K | $0 | $0 | $38.1K |
| Meghan Gabel | Incoming Chief Financial Officer | 39 | $14.4K | $0 | $0 | $14.4K |
| Charles D Owen Iii | Chair | 0.4 | $0 | $0 | $0 | $0 |
| Lynn Cook | Vice Chair | 0.4 | $0 | $0 | $0 | $0 |
| Dana Ward | Secretary | 0.4 | $0 | $0 | $0 | $0 |
| Theresa Piwowar | Treasurer | 0.4 | $0 | $0 | $0 | $0 |
Geoffrey Barton
President & CEO
$176K
Hrs/Wk
39
Compensation
$176K
Related Orgs
$0
Other
$0
Vic Anderson
Outgoing Chief Financial Officer
$38.1K
Hrs/Wk
39
Compensation
$38.1K
Related Orgs
$0
Other
$0
Meghan Gabel
Incoming Chief Financial Officer
$14.4K
Hrs/Wk
39
Compensation
$14.4K
Related Orgs
$0
Other
$0
Charles D Owen Iii
Chair
$0
Hrs/Wk
0.4
Compensation
$0
Related Orgs
$0
Other
$0
Lynn Cook
Vice Chair
$0
Hrs/Wk
0.4
Compensation
$0
Related Orgs
$0
Other
$0
Dana Ward
Secretary
$0
Hrs/Wk
0.4
Compensation
$0
Related Orgs
$0
Other
$0
Theresa Piwowar
Treasurer
$0
Hrs/Wk
0.4
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 |
|---|---|---|---|---|---|---|
| Allison Rollison | Director Of Philanthropy | 39 | $112.3K | $0 | $0 | $112.3K |
| Selena Jimenez | Finance Manger | 39 | $107K | $0 | $0 | $107K |
| Lee Devico | Repair Manager | 39 | $105.8K | $0 | $0 | $105.8K |
Allison Rollison
Director Of Philanthropy
$112.3K
Hrs/Wk
39
Compensation
$112.3K
Related Orgs
$0
Other
$0
Selena Jimenez
Finance Manger
$107K
Hrs/Wk
39
Compensation
$107K
Related Orgs
$0
Other
$0
Lee Devico
Repair Manager
$105.8K
Hrs/Wk
39
Compensation
$105.8K
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 |
|---|---|---|---|---|---|---|
| Annette Mcclure | Director | 0.4 | $0 | $0 | $0 | $0 |
| Constance Proctor | Director | 0.4 | $0 | $0 | $0 | $0 |
| Elizabeth Teague | Director | 0.4 | $0 | $0 | $0 | $0 |
| Greta Byrd | Director | 0.4 | $0 | $0 | $0 | $0 |
| Jack Gilbert | Director | 0.4 | $0 | $0 | $0 | $0 |
| Ruth Morrissey | Director |
Annette Mcclure
Director
$0
Hrs/Wk
0.4
Compensation
$0
Related Orgs
$0
Other
$0
Constance Proctor
Director
$0
Hrs/Wk
0.4
Compensation
$0
Related Orgs
$0
Other
$0
Elizabeth Teague
Director
$0
Hrs/Wk
0.4
Compensation
$0
Related Orgs
$0
Other
$0
| $35.3M |
| $19.2M |
| 2020 | $4.3M | $2.3M | $3M | $32M | $16.5M |
| 2019 | $5.9M | $3.5M | $3.7M | $31.4M | $14.9M |
| 2018 | $3.8M | $1.7M | $3M | $30.3M | $12.8M |
| 2017 | $2.8M | $1.6M | $2.6M | $30.7M | $12.9M |
| 2016 | $3.6M | $2M | $2.6M | $20.5M | $10.6M |
| 2015 | $4.7M | $2.4M | $2.4M | $20.3M | $10.5M |
| 2014 | $2.6M | $1.8M | $2.5M | $16M | $8.2M |
| 2013 | $2.9M | $2.3M | $2.1M | $15M | $8.2M |
| 2012 | $2.4M | $1.6M | $2.3M | $12.6M | $7.3M |
| 2011 | $2.8M | $1.8M | $2.2M | $13.2M | $7.2M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data | PDF not yet published by IRS |
| 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 | — |
| 0.4 |
| $0 |
| $0 |
| $0 |
| $0 |
| Ryan Rohwer | Director | 0.4 | $0 | $0 | $0 | $0 |
Greta Byrd
Director
$0
Hrs/Wk
0.4
Compensation
$0
Related Orgs
$0
Other
$0
Jack Gilbert
Director
$0
Hrs/Wk
0.4
Compensation
$0
Related Orgs
$0
Other
$0
Ruth Morrissey
Director
$0
Hrs/Wk
0.4
Compensation
$0
Related Orgs
$0
Other
$0
Ryan Rohwer
Director
$0
Hrs/Wk
0.4
Compensation
$0
Related Orgs
$0
Other
$0