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Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$2.1M
Program Spending
17%
of total expenses go to program services
Total Contributions
$852K
Total Expenses
▼$2M
Total Assets
$25.1M
Total Liabilities
▼$12.5M
Net Assets
$12.6M
Officer Compensation
→$347.4K
Other Salaries
$663.3K
Investment Income
$57.6K
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$23.7M
Awards Found
43
| Awarding Agency | Description | Amount | Fiscal Year | Period |
|---|---|---|---|---|
| Department of Commerce | CARES ACT RLF | $2.7M | — | — – — |
| Department of the Treasury | CDFI RAPID RESPONSE PROGRAM AWARD | $1.8M | FY2021 | Jun 2021 – Jun 2023 |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $1.5M | — | — – — |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $1.4M | — | — – — |
| Small Business Administration | COOPERATIVE BUSINESS ASSISTANCE CORP - NJ | $1.3M | FY2023 | Jul 2023 – Jun 2024 |
| Small Business Administration | TRAINING AND TECHNICAL ASSISTANCE TO SBA MICROLOAN PROGRAM BORROWERS AND PROSPECTIVE BORROWERS | $1.1M | FY2022 | Jul 2022 – Jun 2023 |
| Small Business Administration | COOPERATIVE BUSINESS ASSISTANCE CORPORATION, NJ 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 | MICROLOAN TECHNICAL ASSISTANCE GRANT | $960.8K | FY2009 | Jan 2009 – Dec 2010 |
| 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. | $911.4K | FY2020 | Aug 2020 – Jun 2021 |
| Small Business Administration | MICROLOAN PROGRAM - TECHNICAL ASSISTANCE | $873.6K | FY2019 | Jul 2019 – Jun 2020 |
| 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 | $810.2K | FY2024 | Jul 2024 – Jun 2025 |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $750K | — | — – — |
| Small Business Administration | MICROLOAN PROGRAM | $747.1K | FY2018 | Jul 2018 – Jun 2019 |
| Small Business Administration | MICROLOAN TECHNICAL ASSISTANCE GRANT | $735.8K | FY2010 | Jan 2010 – Sep 2010 |
| Small Business Administration | MICROLOAN TECHNICAL ASSISTANCE PROGRAM | $722.3K | FY2013 | Jul 2013 – Jun 2014 |
| Small Business Administration | MICROLOAN | $711.3K | FY2012 | Jul 2012 – Jun 2013 |
| Small Business Administration | COOPERATIVE BUSINESS ASSISTANCE CORPORATION | $658.4K | FY2025 | Jul 2025 – Jun 2026 |
| Small Business Administration | MICROLOAN TECHNICAL ASSISTANCE PROGRAM | $655.1K | FY2011 | Jul 2011 – Jun 2012 |
| Small Business Administration | MICROLOAN PROGRAM - TECHNICAL ASSISTANCE GRANT | $619K | FY2015 | Aug 2015 – Jul 2016 |
| Small Business Administration | MICROLOAN GRANT | $608.2K | FY2014 | Jul 2014 – Jun 2015 |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $520K | FY2020 | Sep 2020 – Jun 2026 |
| 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. | $500K | FY2023 | Apr 2023 – Jun 2028 |
| 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. | $500K | FY2022 | Dec 2021 – Jun 2025 |
| Small Business Administration | FY 2017 MICROLOAN | $455.8K | FY2017 | Jul 2017 – Jun 2018 |
| Department of Agriculture | SEC. 6022 RMAP-RURAL MICRO DEVELOP ORGANIZATIONS GRANTS (DISC) | $105K | FY2010 | Sep 2010 – Sep 2012 |
| Department of Agriculture | SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN) | $99.1K | FY2016 | Sep 2016 – Sep 2018 |
| Department of Agriculture | SEC. 6022 RMAP-RURAL MICRO DEVELOP ORGANIZATIONS GRANTS (DISC) | $95.9K | FY2023 | Sep 2023 – Sep 2025 |
| Department of Agriculture | SEC. 6022 RMAP-RURAL MICRO ASSISTANCE GRANTS (DISC) | $90K | FY2020 | Sep 2020 – Sep 2022 |
| Department of Agriculture | SEC. 6022 RMAP-RURAL MICRO DEVELOP ORGANIZATIONS GRANTS (DISC) | $89.6K | FY2022 | Sep 2022 – Sep 2024 |
| Department of Agriculture | SEC. 6022 RMAP-RURAL MICRO ASSISTANCE GRANTS (DISC) | $85.1K | FY2019 | Sep 2019 – Sep 2021 |
| Department of Agriculture | SEC. 6022 RMAP-RURAL MICRO ASSISTANCE GRANTS (DISC) | $74.8K | FY2021 | Sep 2021 – Sep 2023 |
| Department of Agriculture | SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN) | $69.6K | FY2015 | Sep 2015 – Sep 2017 |
| Department of Agriculture | SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN) | $64.4K | FY2012 | Sep 2012 – Sep 2014 |
| Department of Agriculture | RURAL BUSINESS ENTERPRISE GRANTS | $63.3K | FY2009 | Jun 2009 – Jun 2009 |
| Department of Agriculture | SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN) | $54.2K | FY2018 | Sep 2018 – Sep 2020 |
| Department of Agriculture | SEC. 6022 RMAP-RURAL MICRO DEVELOP ORGANIZATIONS GRANTS (DISC) | $51.7K | FY2025 | Sep 2025 – Sep 2027 |
| Department of Agriculture | SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN) | $51.5K | FY2013 | Sep 2013 – Sep 2015 |
| Department of Agriculture | RURAL BUSINESS ENTERPRISE GRANTS | $49.9K | FY2010 | Aug 2010 – Aug 2010 |
| Department of Agriculture | SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN) | $42.8K | FY2024 | Sep 2024 – Sep 2026 |
| Department of Agriculture | SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN) | $40.8K | FY2015 | Feb 2015 – Feb 2017 |
| Department of Agriculture | RURAL BUSINESS ENTERPRISE GRANTS | $24.6K | FY2012 | Jun 2012 – Jun 2012 |
| Small Business Administration | MICROLOAN | -$5,986 | FY2016 | Jul 2016 – Jun 2017 |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | -$54K | — | — – — |
Department of Commerce
$2.7M
CARES ACT RLF
Department of the Treasury
$1.8M
CDFI RAPID RESPONSE PROGRAM AWARD
Department of the Treasury
$1.5M
FINANCIAL ASSISTANCE AWARD
Department of the Treasury
$1.4M
FINANCIAL ASSISTANCE AWARD
Small Business Administration
$1.3M
COOPERATIVE BUSINESS ASSISTANCE CORP - NJ
Small Business Administration
$1.1M
TRAINING AND TECHNICAL ASSISTANCE TO SBA MICROLOAN PROGRAM BORROWERS AND PROSPECTIVE BORROWERS
Small Business Administration
$1.1M
COOPERATIVE BUSINESS ASSISTANCE CORPORATION, NJ 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
$960.8K
MICROLOAN TECHNICAL ASSISTANCE GRANT
Small Business Administration
$911.4K
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
$873.6K
MICROLOAN PROGRAM - TECHNICAL ASSISTANCE
Small Business Administration
$810.2K
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
Department of the Treasury
$750K
FINANCIAL ASSISTANCE AWARD
Small Business Administration
$747.1K
MICROLOAN PROGRAM
Small Business Administration
$735.8K
MICROLOAN TECHNICAL ASSISTANCE GRANT
Small Business Administration
$722.3K
MICROLOAN TECHNICAL ASSISTANCE PROGRAM
Small Business Administration
$711.3K
MICROLOAN
Small Business Administration
$658.4K
COOPERATIVE BUSINESS ASSISTANCE CORPORATION
Small Business Administration
$655.1K
MICROLOAN TECHNICAL ASSISTANCE PROGRAM
Small Business Administration
$619K
MICROLOAN PROGRAM - TECHNICAL ASSISTANCE GRANT
Small Business Administration
$608.2K
MICROLOAN GRANT
Department of the Treasury
$520K
FINANCIAL ASSISTANCE AWARD
Department of the Treasury
$500K
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
$500K
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
$455.8K
FY 2017 MICROLOAN
Department of Agriculture
$105K
SEC. 6022 RMAP-RURAL MICRO DEVELOP ORGANIZATIONS GRANTS (DISC)
Department of Agriculture
$99.1K
SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)
Department of Agriculture
$95.9K
SEC. 6022 RMAP-RURAL MICRO DEVELOP ORGANIZATIONS GRANTS (DISC)
Department of Agriculture
$90K
SEC. 6022 RMAP-RURAL MICRO ASSISTANCE GRANTS (DISC)
Department of Agriculture
$89.6K
SEC. 6022 RMAP-RURAL MICRO DEVELOP ORGANIZATIONS GRANTS (DISC)
Department of Agriculture
$85.1K
SEC. 6022 RMAP-RURAL MICRO ASSISTANCE GRANTS (DISC)
Department of Agriculture
$74.8K
SEC. 6022 RMAP-RURAL MICRO ASSISTANCE GRANTS (DISC)
Department of Agriculture
$69.6K
SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)
Department of Agriculture
$64.4K
SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)
Department of Agriculture
$63.3K
RURAL BUSINESS ENTERPRISE GRANTS
Department of Agriculture
$54.2K
SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)
Department of Agriculture
$51.7K
SEC. 6022 RMAP-RURAL MICRO DEVELOP ORGANIZATIONS GRANTS (DISC)
Department of Agriculture
$51.5K
SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)
Department of Agriculture
$49.9K
RURAL BUSINESS ENTERPRISE GRANTS
Department of Agriculture
$42.8K
SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)
Department of Agriculture
$40.8K
SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)
Department of Agriculture
$24.6K
RURAL BUSINESS ENTERPRISE GRANTS
Small Business Administration
-$5,986
MICROLOAN
Department of the Treasury
-$54K
FINANCIAL ASSISTANCE AWARD
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 2025 · 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 | $2.1M | $852K | $2M | $25.1M | $12.6M |
| 2023 | $3M | $2.3M | $2.5M | $27.1M | $12.2M |
| 2022 | $5.4M | $4.8M | $2.2M | $25.5M | $11.7M |
| 2021 | $4.4M | $3.6M | $2.3M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2025 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2024 | 990 | DataIRS e-File | |
| 2023 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2025)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Harry Stone | Pres/non-voting | 40 | $205K | $0 | $0 | $205K |
| Steven M Winheld | CFO | 40 | $142.4K | $0 | $0 | $142.4K |
| Dj Adams | Chairman | — | $0 | $0 | $0 | $0 |
| Douglas Smith | Asst. Sec/treas | — | $0 | $0 | $0 | $0 |
| Joseph Tredinnick | Vice Chairman | — | $0 | $0 | $0 | $0 |
| Lisa Viscusi | Secretary/treas | — | $0 | $0 | $0 | $0 |
Harry Stone
Pres/non-voting
$205K
Hrs/Wk
40
Compensation
$205K
Related Orgs
$0
Other
$0
Steven M Winheld
CFO
$142.4K
Hrs/Wk
40
Compensation
$142.4K
Related Orgs
$0
Other
$0
Dj Adams
Chairman
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
Douglas Smith
Asst. Sec/treas
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
Joseph Tredinnick
Vice Chairman
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
Lisa Viscusi
Secretary/treas
$0
Hrs/Wk
—
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 |
|---|---|---|---|---|---|---|
| Adam Butter | Member | — | $0 | $0 | $0 | $0 |
| Clarence Fullard Cpa | Member | — | $0 | $0 | $0 | $0 |
| Patricia Boyle | Member | — | $0 | $0 | $0 | $0 |
| Reynold Cicalese Iii | Member | — | $0 | $0 | $0 | $0 |
Adam Butter
Member
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
Clarence Fullard Cpa
Member
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
Patricia Boyle
Member
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0
| $22.5M |
| $8.4M |
| 2020 | $1.9M | $1.3M | $1.8M | $19.6M | $6.3M |
| 2019 | $2M | $1.3M | $1.8M | $19.3M | $6.3M |
| 2018 | $1.4M | $681.8K | $1.3M | $19M | $6M |
| 2017 | $1.8M | $1.1M | $1.7M | $18.4M | $6M |
| 2016 | $1.8M | $1.1M | $1.7M | $17M | $6M |
| 2015 | $1.6M | $954.7K | $1.6M | $18.1M | $5.9M |
| 2014 | $1.4M | $783.7K | $1.5M | $17.7M | $5.9M |
| 2013 | $1.5M | $818.2K | $1.8M | $18.6M | $6M |
| 2012 | $1.7M | $866.7K | $1.7M | $17.8M | $6.2M |
| 2022 | 990 | DataIRS e-File |
| 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 | — |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
Reynold Cicalese Iii
Member
$0
Hrs/Wk
—
Compensation
$0
Related Orgs
$0
Other
$0