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Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$2M
Program Spending
0%
of total expenses go to program services
Total Contributions
$1.9M
Total Expenses
▼$2.3M
Total Assets
$3M
Total Liabilities
▼$95.1K
Net Assets
$2.9M
Officer Compensation
→$298.6K
Other Salaries
$1.1M
Investment Income
$0
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$449.3K
Awards Found
5
| Awarding Agency | Description | Amount | Fiscal Year | Period |
|---|---|---|---|---|
| Department of the Treasury | CDFI RAPID RESPONSE PROGRAM AWARD | $230K | FY2021 | Jun 2021 – Sep 2023 |
| Department of the Treasury | PURPOSE: TO PROMOTE ECONOMIC REVITALIZATION AND COMMUNITY DEVELOPMENT THROUGH INVESTMENT IN AND ASSISTANCE TO COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) AND EMERGING CDFIS. ACTIVITIES TO BE PERFORMED: TECHNICAL ASSISTANCE MUST BE USED FOR THE FOLLOWING ELIGIBLE ACTIVITIES SUBJECT TO THE APPLICABLE PROVISIONS OF THE UNIFORM REQUIREMENTS: COMPENSATION ? PERSONAL SERVICES, COMPENSATION ? FRINGE BENEFITS, PROFESSIONAL SERVICE COSTS, TRAVEL COSTS, TRAINING AND EDUCATION COSTS, EQUIPMENT, SUPPLIES, AND INCORPORATION COSTS (SPONSORING ENTITIES ONLY). END GOAL/EXPECTED OUTCOMES: THE GOAL OF THE TECHNICAL ASSISTANCE IS TO BUILD CERTIFIED AND EMERGING CDFI?S ORGANIZATIONAL CAPACITY TO SERVE 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. INTENDED BENEFICIARIES: PROFIT ORGANIZATION, PRIVATE NONPROFIT INSTITUTION/ORGANIZATION, OTHER PRIVATE INSTITUTION/ORGANIZATION INVESTMENT AREAS AND TARGETED POPULATIONS, AS DEFINED IN 12 C.F.R. 1805. SUBRECIPIENT ACTIVITIES: ONLY IN THE CASE WHERE A CDFI DEPOSITORY INSTITUTION HOLDING COMPANY APPLICANT INTENDS TO CARRY OUT THE ACTIVITIES OF AN AWARD THROUGH ITS SUBSIDIARY CDFI INSURED DEPOSITORY INSTITUTION, AS IDENTIFIED IN ITS ASSISTANCE AGREEMENT WITH THE CDFI FUND. | $125K | FY2021 | Sep 2021 – Sep 2023 |
| Department of Housing and Urban Development | HSNG COUNSEL ASSIST GRANTS | $37K | FY2011 | Mar 2011 – Mar 2012 |
| Department of Housing and Urban Development | HSNG COUNSEL ASSIST GRANTS | $34K | FY2010 | Dec 2009 – Dec 2009 |
| Department of Housing and Urban Development | COMPREHENSIVE HSG | $23.4K | FY2009 | Oct 2008 – — |
Department of the Treasury
$230K
CDFI RAPID RESPONSE PROGRAM AWARD
Department of the Treasury
$125K
PURPOSE: TO PROMOTE ECONOMIC REVITALIZATION AND COMMUNITY DEVELOPMENT THROUGH INVESTMENT IN AND ASSISTANCE TO COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) AND EMERGING CDFIS. ACTIVITIES TO BE PERFORMED: TECHNICAL ASSISTANCE MUST BE USED FOR THE FOLLOWING ELIGIBLE ACTIVITIES SUBJECT TO THE APPLICABLE PROVISIONS OF THE UNIFORM REQUIREMENTS: COMPENSATION ? PERSONAL SERVICES, COMPENSATION ? FRINGE BENEFITS, PROFESSIONAL SERVICE COSTS, TRAVEL COSTS, TRAINING AND EDUCATION COSTS, EQUIPMENT, SUPPLIES, AND INCORPORATION COSTS (SPONSORING ENTITIES ONLY). END GOAL/EXPECTED OUTCOMES: THE GOAL OF THE TECHNICAL ASSISTANCE IS TO BUILD CERTIFIED AND EMERGING CDFI?S ORGANIZATIONAL CAPACITY TO SERVE 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. INTENDED BENEFICIARIES: PROFIT ORGANIZATION, PRIVATE NONPROFIT INSTITUTION/ORGANIZATION, OTHER PRIVATE INSTITUTION/ORGANIZATION INVESTMENT AREAS AND TARGETED POPULATIONS, AS DEFINED IN 12 C.F.R. 1805. SUBRECIPIENT ACTIVITIES: ONLY IN THE CASE WHERE A CDFI DEPOSITORY INSTITUTION HOLDING COMPANY APPLICANT INTENDS TO CARRY OUT THE ACTIVITIES OF AN AWARD THROUGH ITS SUBSIDIARY CDFI INSURED DEPOSITORY INSTITUTION, AS IDENTIFIED IN ITS ASSISTANCE AGREEMENT WITH THE CDFI FUND.
Department of Housing and Urban Development
$37K
HSNG COUNSEL ASSIST GRANTS
Department of Housing and Urban Development
$34K
HSNG COUNSEL ASSIST GRANTS
Department of Housing and Urban Development
$23.4K
COMPREHENSIVE HSG
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 |
|---|---|---|---|---|---|
| 2023IRS e-File | $2M | $1.9M | $2.3M | $3M | $2.9M |
| 2022 | $2.6M | $2.5M | $2.3M | $3.5M | $3.4M |
| 2021 | $1.3M | $1.2M | $1.2M | $3.3M | $3.1M |
| 2020 | $949.6K | $879.2K | $699.7K |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
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 |
|---|
| Carmen Prieto | Board Of Director | 3 | $0 | $0 | $0 | $0 |
| Dolmary Colon | Board Of Director | 3 | $0 | $0 | $0 | $0 |
| Osiris Torres | Board Of Director | 3 | $0 | $0 | $0 | $0 |
| Hernan Vera | Board Of Director | 3 | $0 | $0 | $0 | $0 |
| Mari Quiros | Board Of Director | 3 | $0 | $0 | $0 | $0 |
| Rafael Del Valle-Leon | Board Of Director | 3 | $0 | $0 | $0 | $0 |
| Eunice Perez | Board Of Director | 3 | $0 | $0 | $0 | $0 |
Carmen Prieto
Board Of Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Dolmary Colon
Board Of Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Osiris Torres
Board Of Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Hernan Vera
Board Of Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Mari Quiros
Board Of Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Rafael Del Valle-Leon
Board Of Director
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Eunice Perez
Board Of Director
$0
Hrs/Wk
3
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 |
|---|---|---|---|---|---|---|
| Catherine Cartagena-Sanchez | CFO | 40 | $134.1K | $0 | $0 | $134.1K |
| Brian Santiago-Velez | Personnel Manager | 40 | $47.1K | $0 | $0 | $47.1K |
| Jailene Gutierrez-Rojas | Finance & Accounting Supervisor | 40 | $46.6K | $0 | $0 | $46.6K |
Catherine Cartagena-Sanchez
CFO
$134.1K
Hrs/Wk
40
Compensation
$134.1K
Related Orgs
$0
Other
$0
Brian Santiago-Velez
Personnel Manager
$47.1K
Hrs/Wk
40
Compensation
$47.1K
Related Orgs
$0
Other
$0
Jailene Gutierrez-Rojas
Finance & Accounting Supervisor
$46.6K
Hrs/Wk
40
Compensation
$46.6K
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 Colon-Rivera | Executive Director | 40 | $164.4K | $0 | $0 | $164.4K |
Elizabeth Colon-Rivera
Executive Director
$164.4K
Hrs/Wk
40
Compensation
$164.4K
Related Orgs
$0
Other
$0
| $3.3M |
| $3.1M |
| 2019 | $717.6K | $632K | $1.2M | $3.1M | $3M |
| 2018 | $1.2M | $1.2M | $479.5K | $3.6M | $3.6M |
| 2017 | $467.6K | $375.1K | $319.4K | $2.8M | $2.8M |
| 2016 | $267.8K | $159.6K | $275.1K | $3M | $3M |
| 2015 | $388.6K | $139.9K | $246.2K | $3.1M | $3M |
| 2014 | $284.1K | $123.6K | $291.5K | $2.8M | $2.8M |
| 2013 | $201.1K | $60.4K | $202.3K | $3.1M | $3M |
| 2012 | $279.9K | $148.3K | $283K | $3.5M | $3M |
| 2011 | $305.5K | $305.5K | $275K | $3.2M | $3.1M |
| 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 | PDF not yet published by IRS |
| 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 | — |