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Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$7.1M
Total Contributions
$5.7M
Total Expenses
▼$4.8M
Total Assets
$21.6M
Total Liabilities
▼$9.4M
Net Assets
$12.2M
Officer Compensation
→$235.2K
Other Salaries
$1.5M
Investment Income
$110.6K
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$31.8M
Awards Found
35
| Awarding Agency | Description | Amount | Fiscal Year | Period |
|---|---|---|---|---|
| Department of the Treasury | 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. | $6.1M | FY2023 | Apr 2023 – Sep 2028 |
| Department of the Treasury | CDFI RAPID RESPONSE PROGRAM AWARD | $1.8M | FY2021 | Jun 2021 – Sep 2023 |
| Department of Health and Human Services | REFUGEE MICROENTERPRISE PROGRAM SERVING ALL FIVE BOROUGHS OF NYC | $1.3M | FY2021 | Sep 2021 – Sep 2026 |
| Department of Health and Human Services | BUSINESS CENTER FOR NEW AMERICAN'S MICRO-ENTERPRISE PROGRAM FOR REFUGEES | $1.2M | FY2016 | Sep 2016 – Mar 2022 |
| Department of Health and Human Services | MICROENTERPRISE DEVELOPMENT | $1.1M | FY2009 | Feb 2009 – Sep 2012 |
| Small Business Administration | ACCOMPANY CAPITAL, INC. (FKA BUS CENTER FOR NEW AMERICANS), NY THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS. | $1.1M | FY2021 | Jul 2021 – Jun 2022 |
| Small Business Administration | THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS. | $1.1M | FY2022 | Jul 2022 – Jun 2023 |
| Department of Health and Human Services | ACCOMPANY CAPITAL'S IDA PROGRAM FOR REFUGEES | $1.1M | FY2023 | Sep 2023 – Sep 2026 |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $1M | — | — – — |
| Small Business Administration | ACCOMPANY CAPITAL, INC. - NY | $1M | FY2023 | Jul 2023 – Jun 2024 |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $1M | — | — – — |
| Department of Health and Human Services | BUSINESS CENTER FOR NEW AMERICANS(BCNA)MICRO-ENTERPRISE DEVELOPMENT PROGRAM FOR REFUGEES | $978.9K | FY2012 | Sep 2012 – Sep 2016 |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $930.4K | — | — – — |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $794.5K | FY2020 | Sep 2020 – Sep 2023 |
| Department of Health and Human Services | ACCOMPANY CAPITAL'S IDA PROGRAM FOR REFUGEES | $750K | FY2022 | Sep 2022 – Sep 2025 |
| Department of Health and Human Services | IDA PROGRAM FOR REFUGEES | $747.7K | FY2016 | Sep 2016 – Sep 2019 |
| Department of Health and Human Services | BCNA'S IDA PROGRAM FOR REFUGEES | $735K | FY2013 | Sep 2013 – Sep 2016 |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $700K | — | — – — |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $700K | — | — – — |
| Department of the Treasury | 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. | $676.5K | FY2022 | Dec 2021 – Sep 2024 |
| Small Business Administration | THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS | $668.9K | FY2020 | Aug 2020 – Jun 2021 |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $645K | — | — – — |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $600K | — | — – — |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $600K | — | — – — |
| Small Business Administration | TO ASSIST WOMEN, LOW-INCOME, AND MINORITY ENTREPRENEURS, BUSINESS OWNERS, AND OTHER INDIVIDUALS POSSESSING THE CAPABILITY TO OPERATE SUCCESSFUL BUSINESS CONCERNS AND TO ASSIST SMALL BUSINESS CONCERNS IN THOSE AREAS SUFFERING FROM A LACK OF CREDIT DUE TO ECONOMIC DOWNTURNS. UNDER THE PROGRAM, THE SMALL BUSINESS ADMINISTRATION (SBA) WILL MAKE LOANS OR PROVIDE GUARANTIES TO PRIVATE, NON-PROFIT, AND QUASI-GOVERNMENTAL ORGANIZATIONS (INTERMEDIARY LENDERS) THAT WILL USE THE LOAN FUNDS TO MAKE SHORT-TERM, FIXED INTEREST RATE MICROLOANS IN AMOUNTS UP TO $50,000 TO START-UP, NEWLY ESTABLISHED, AND GROWING SMALL BUSINESS CONCERNS. THESE MICROLOANS ARE TO BE USED EXCLUSIVELY FOR WORKING CAPITAL, INVENTORY, SUPPLIES, FURNITURE, FIXTURES, MACHINERY, AND/OR EQUIPMENT. IN ADDITION, THE SBA WILL MAKE GRANTS TO PARTICIPATING INTERMEDIARY LENDERS TO PROVIDE MARKETING, MANAGEMENT, AND TECHNICAL ASSISTANCE TO PROSPECTIVE BORROWERS AND BORROWERS RECEIVING MICROLOANS. UNDER THE PROGRAM, SBA WILL ALSO PROVIDE TRAINING FOR INTERMEDI | $598.8K | FY2024 | Jul 2024 – Jun 2025 |
| Small Business Administration | MICROLOAN TECHNICAL ASSISTANCE PROGRAM | $558.8K | FY2011 | Jul 2011 – Jun 2012 |
| Small Business Administration | MICROLOAN PROGRAM - TECHNICAL ASSISTANCE | $514.4K | FY2019 | Jul 2019 – Jun 2020 |
| Small Business Administration | NEW YORK | $478.7K | FY2017 | Jul 2017 – Jun 2018 |
| Small Business Administration | MICROLOAN PROGRAM | $441.4K | FY2018 | Jul 2018 – Jun 2019 |
| Small Business Administration | MICROLOAN | $432.8K | FY2015 | Aug 2015 – Jul 2016 |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $400K | — | — – — |
| Small Business Administration | TRAINING | $371.9K | FY2012 | Jul 2012 – Jun 2013 |
| Small Business Administration | MICROLOAN TECHNICAL ASSISTANCE PROGRAM | $279.5K | FY2013 | Jul 2013 – Jun 2014 |
| Small Business Administration | MICROLOAN | $192K | FY2014 | Jul 2014 – Jun 2015 |
| Small Business Administration | PRIME | $150K | FY2014 | Sep 2014 – Sep 2015 |
Department of the Treasury
$6.1M
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 the Treasury
$1.8M
CDFI RAPID RESPONSE PROGRAM AWARD
Department of Health and Human Services
$1.3M
REFUGEE MICROENTERPRISE PROGRAM SERVING ALL FIVE BOROUGHS OF NYC
Department of Health and Human Services
$1.2M
BUSINESS CENTER FOR NEW AMERICAN'S MICRO-ENTERPRISE PROGRAM FOR REFUGEES
Department of Health and Human Services
$1.1M
MICROENTERPRISE DEVELOPMENT
Small Business Administration
$1.1M
ACCOMPANY CAPITAL, INC. (FKA BUS CENTER FOR NEW AMERICANS), NY THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS.
Small Business Administration
$1.1M
THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS.
Department of Health and Human Services
$1.1M
ACCOMPANY CAPITAL'S IDA PROGRAM FOR REFUGEES
Department of the Treasury
$1M
FINANCIAL ASSISTANCE AWARD
Small Business Administration
$1M
ACCOMPANY CAPITAL, INC. - NY
Department of the Treasury
$1M
FINANCIAL ASSISTANCE AWARD
Department of Health and Human Services
$978.9K
BUSINESS CENTER FOR NEW AMERICANS(BCNA)MICRO-ENTERPRISE DEVELOPMENT PROGRAM FOR REFUGEES
Department of the Treasury
$930.4K
FINANCIAL ASSISTANCE AWARD
Department of the Treasury
$794.5K
FINANCIAL ASSISTANCE AWARD
Department of Health and Human Services
$750K
ACCOMPANY CAPITAL'S IDA PROGRAM FOR REFUGEES
Department of Health and Human Services
$747.7K
IDA PROGRAM FOR REFUGEES
Department of Health and Human Services
$735K
BCNA'S IDA PROGRAM FOR REFUGEES
Department of the Treasury
$700K
FINANCIAL ASSISTANCE AWARD
Department of the Treasury
$700K
FINANCIAL ASSISTANCE AWARD
Department of the Treasury
$676.5K
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.
Small Business Administration
$668.9K
THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS
Department of the Treasury
$645K
FINANCIAL ASSISTANCE AWARD
Department of the Treasury
$600K
FINANCIAL ASSISTANCE AWARD
Department of the Treasury
$600K
FINANCIAL ASSISTANCE AWARD
Small Business Administration
$598.8K
TO ASSIST WOMEN, LOW-INCOME, AND MINORITY ENTREPRENEURS, BUSINESS OWNERS, AND OTHER INDIVIDUALS POSSESSING THE CAPABILITY TO OPERATE SUCCESSFUL BUSINESS CONCERNS AND TO ASSIST SMALL BUSINESS CONCERNS IN THOSE AREAS SUFFERING FROM A LACK OF CREDIT DUE TO ECONOMIC DOWNTURNS. UNDER THE PROGRAM, THE SMALL BUSINESS ADMINISTRATION (SBA) WILL MAKE LOANS OR PROVIDE GUARANTIES TO PRIVATE, NON-PROFIT, AND QUASI-GOVERNMENTAL ORGANIZATIONS (INTERMEDIARY LENDERS) THAT WILL USE THE LOAN FUNDS TO MAKE SHORT-TERM, FIXED INTEREST RATE MICROLOANS IN AMOUNTS UP TO $50,000 TO START-UP, NEWLY ESTABLISHED, AND GROWING SMALL BUSINESS CONCERNS. THESE MICROLOANS ARE TO BE USED EXCLUSIVELY FOR WORKING CAPITAL, INVENTORY, SUPPLIES, FURNITURE, FIXTURES, MACHINERY, AND/OR EQUIPMENT. IN ADDITION, THE SBA WILL MAKE GRANTS TO PARTICIPATING INTERMEDIARY LENDERS TO PROVIDE MARKETING, MANAGEMENT, AND TECHNICAL ASSISTANCE TO PROSPECTIVE BORROWERS AND BORROWERS RECEIVING MICROLOANS. UNDER THE PROGRAM, SBA WILL ALSO PROVIDE TRAINING FOR INTERMEDI
Small Business Administration
$558.8K
MICROLOAN TECHNICAL ASSISTANCE PROGRAM
Small Business Administration
$514.4K
MICROLOAN PROGRAM - TECHNICAL ASSISTANCE
Small Business Administration
$478.7K
NEW YORK
Small Business Administration
$441.4K
MICROLOAN PROGRAM
Small Business Administration
$432.8K
MICROLOAN
Department of the Treasury
$400K
FINANCIAL ASSISTANCE AWARD
Small Business Administration
$371.9K
TRAINING
Small Business Administration
$279.5K
MICROLOAN TECHNICAL ASSISTANCE PROGRAM
Small Business Administration
$192K
MICROLOAN
Small Business Administration
$150K
PRIME
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
9
Clean Audits
8
Material Weakness
Yes
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2024 | Clean | Unmodified (Clean) | $12.7M | No | 2025-06-30 |
| 2023 | Material Weakness | Unmodified (Clean) | $5.6M | Yes | 2024-07-30 |
| 2022 | Clean | Unmodified (Clean) | $7.9M | Yes | 2023-06-29 |
| 2021 | Clean | Unmodified (Clean) | $5.7M | Yes | 2022-06-29 |
| 2020 | Clean | Unmodified (Clean) | $5.4M | Yes | 2021-12-19 |
| 2019 | Clean | Unmodified (Clean) | $4.7M | Yes | 2020-09-17 |
| 2018 | Clean | Unmodified (Clean) | $4.3M | Yes | 2019-06-19 |
| 2017 | Clean | Unmodified (Clean) | $3.7M | Yes | 2018-06-25 |
| 2016 | Clean | Unmodified (Clean) | $3.7M | Yes | 2017-06-26 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$12.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$5.6M
Financial Report
Unmodified (Clean)
Federal Expenditure
$7.9M
Financial Report
Unmodified (Clean)
Federal Expenditure
$5.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$5.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$4.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$4.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$3.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$3.7M
Tax Year 2024 · Source: IRS e-Filed Form 990
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Yanki Tshering | Executive Director | 40 | $186.1K | $0 | $32.5K | $218.6K |
| Michelle Danso | Secretary | 1 | $0 | $0 | $0 | $0 |
| Kwame Marfo | Board Chair | 2 | $0 | $0 | $0 | $0 |
| Tim Zhakselekov | Treasurer | 2 |
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
990-N (e-Postcard) Filing History
This organization files simplified Form 990-N (annual gross receipts ≤ $50,000).
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $7.1M | $5.7M | $4.8M | $21.6M | $12.2M |
| 2022 | $4.7M | $4.4M | $3M | $18.1M | $10.5M |
| 2021 | $6.7M | $5.7M | $4.6M | $17.9M | $8.7M |
| 2020 | $4.3M | $3.6M | $3.6M |
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
| $0 |
| $0 |
| $0 |
| $0 |
Yanki Tshering
Executive Director
$218.6K
Hrs/Wk
40
Compensation
$186.1K
Related Orgs
$0
Other
$32.5K
Michelle Danso
Secretary
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Kwame Marfo
Board Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Tim Zhakselekov
Treasurer
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Maria Paulino | Loan Officer | 40 | $100.4K | $0 | $10K | $110.4K |
Maria Paulino
Loan Officer
$110.4K
Hrs/Wk
40
Compensation
$100.4K
Related Orgs
$0
Other
$10K
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Carolina Simon | Board Member | 1 | $0 | $0 | $0 | $0 |
| Dave Sidhu | Board Member | 1 | $0 | $0 | $0 | $0 |
| Joan Carty | Board Member | 1 | $0 | $0 | $0 | $0 |
| Kate Hao | Board Member | 1 | $0 | $0 | $0 | $0 |
| Laurence Rubenstein | Board Member | 1 | $0 | $0 | $0 | $0 |
| Peter Breast | Board Member | 1 | $0 | $0 | $0 | $0 |
| Victoria Khodosh | Board Member | 1 | $0 | $0 | $0 | $0 |
Carolina Simon
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Dave Sidhu
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Joan Carty
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $14.7M |
| $6.4M |
| 2019 | $3.6M | $3M | $2.4M | $9.9M | $5.7M |
| 2018 | $2.8M | $2.4M | $2.1M | $7.5M | $4.5M |
| 2017 | $2.6M | $2.2M | $1.9M | $6.4M | $3.8M |
| 2016 | $2.6M | $2.3M | $1.7M | $4.9M | $3M |
| 2015 | $1.9M | $1.7M | $1.7M | $4.1M | $2.1M |
| 2014 | $1.8M | $1.5M | $1.5M | $3.5M | $2M |
| 2013 | $1.9M | $1.7M | $1.4M | $2.8M | $1.7M |
| 2012 | $1.9M | $1.8M | $1.3M | $2.4M | $1.2M |
| 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 | — |
Kate Hao
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Laurence Rubenstein
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Peter Breast
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Victoria Khodosh
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0