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Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$17.5M
Program Spending
78%
of total expenses go to program services
Total Contributions
$11.1M
Total Expenses
▼$10.9M
Total Assets
$131.7M
Total Liabilities
▼$63.7M
Net Assets
$68M
Officer Compensation
→$1.2M
Other Salaries
$1.7M
Investment Income
$1.1M
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$31.1M
Awards Found
36
| 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. | $4.3M | FY2023 | Apr 2023 – Sep 2028 |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $3.5M | — | — – — |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $2.8M | — | — – — |
| Department of Commerce | THE MBDA CAPITAL READINESS PROGRAM (PROGRAM) IS DESIGNED TO HELP CLOSE THE ENTREPRENEURSHIP GAP BETWEEN SOCIALLY AND ECONOMICALLY DISADVANTAGED INDIVIDUALS (SEDI) AND NON-SEDI. THE RECIPIENTS ARE WERE SELECTED TO: (1) HELP SEDI ENTREPRENEURS BUILD CAPACITY; (2) ATTRACT AND PROVIDE ACCESS TO CAPITAL OPPORTUNITIES; AND (3) ATTRACT AND PROVIDE ACCESS TO NETWORKS. THE PROPOSED ACTIVITIES MAY RESEMBLE THE SERVICE MODELS OF INCUBATORS (FOCUSING ON EARLY-STAGE TECHNICAL ASSISTANCE FOR NEW ENTREPRENEURS) OR ACCELERATORS (PROVIDING EMERGING-STAGE TECHNICAL ASSISTANCE TO BUSINESSES READY TO EXPAND OR SCALE), OR PROVIDE A COMBINATION OF BOTH SERVICE MODELS. | $2M | FY2023 | Sep 2023 – Apr 2025 |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $2M | — | — – — |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $1.5M | — | — – — |
| Department of the Treasury | CDFI RAPID RESPONSE PROGRAM AWARD | $1.3M | FY2021 | Jun 2021 – Sep 2023 |
| 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. | $1.3M | FY2024 | Sep 2024 – Sep 2027 |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $1.1M | — | — – — |
| Department of the Treasury | PURPOSE: TO PROVIDE SUPPLEMENTAL FUNDING TO CDFI FA AND NACA FA AWARD RECIPIENTS, FOR THESE CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) TO PROVIDE FINANCING ACTIVITIES TO SUPPORT HEALTHY FOOD RETAIL OUTLETS AND HEALTHY FOOD NON RETAIL OUTLETS, THAT EXPAND THE AVAILABILITY OF HEALTHY FOODS IN UNDERSERVED AREAS. PLANNED ACTIVITIES: HFFI FINANCIAL ASSISTANCE MUST BE USED FOR FINANCIAL PRODUCTS, DEVELOPMENT SERVICES, LOAN LOSS RESERVES, AND CAPITAL RESERVES (REGULATED INSTITUTIONS ONLY), IN THE RECIPIENT’S APPROVED TARGET MARKET. END GOALS: THE GOAL OF THE HFFI FINANCIAL ASSISTANCE IS TO EXPAND THE AVAILABILITY OF HEALTHY FOODS IN UNDERSERVED AREAS, PARTICULARLY THE AVAILABILITY OF HEALTHY FOOD RETAIL OUTLETS IN AREAS DESIGNATED AS LOW INCOME, LOW ACCESS FOOD AREAS. 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: NOT APPLICABLE. REASON/PURPOSE OF MODIFICATION: NOT APPLICABLE. | $1M | FY2024 | Sep 2024 – Sep 2027 |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $1M | — | — – — |
| Department of the Treasury | HEALTHY FOODS FINANCING INITIATIVE AWARD | $950K | — | — – — |
| Department of the Treasury | HEALTHY FOODS FINANCING INITIATIVE AWARD | $750K | — | — – — |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $750K | — | — – — |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $686.5K | — | — – — |
| Small Business Administration | THE AMERICAN RECOVERY AND REINVESTMENT ACT OF 2009 | $663.2K | FY2010 | Jan 2010 – Sep 2010 |
| Small Business Administration | MICROLOAN | $654.3K | FY2009 | Jan 2009 – Dec 2010 |
| Department of the Treasury | FINANCIAL ASSISTANCE AWARD | $650K | — | — – — |
| Appalachian Regional Commission | BUSINESS INCUBATOR | $473.6K | FY2020 | Oct 2019 – Sep 2022 |
| Small Business Administration | MICROLOAN TECHNICAL ASSISTANCE PROGRAM | $444.2K | FY2011 | Jul 2011 – Jun 2012 |
| 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. | $395.4K | FY2022 | Jul 2022 – Jun 2023 |
| Small Business Administration | BRIDGEWAY CAPITAL, PA 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. | $332.2K | FY2021 | Jul 2021 – Jun 2022 |
| Small Business Administration | MICROLOAN | $304K | FY2018 | Jul 2018 – Jun 2019 |
| 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. | $303.3K | FY2023 | Jul 2023 – Jun 2024 |
| Small Business Administration | MICROLOAN | $249.9K | FY2019 | Jul 2019 – Jun 2020 |
| Small Business Administration | MICROLOAN TECHNICAL ASSISTANCE PROGRAM | $243.3K | FY2014 | Jul 2014 – Jun 2015 |
| Small Business Administration | BRIDGEWAY CAPITAL - PA FY25 AWARD | $242.6K | FY2025 | Jul 2025 – Jun 2026 |
| Small Business Administration | BRIDGEWAY CAPITAL - PA | $241.2K | FY2024 | Jul 2024 – Jun 2025 |
| Small Business Administration | MICROLOAN PROGRAM - TECHNICAL ASSISTANCE GRANT | $204.7K | FY2017 | Jul 2017 – Jun 2018 |
| Small Business Administration | MICROLOAN | $194.4K | FY2015 | Aug 2015 – Jun 2016 |
| Small Business Administration | BRIDGEWAY CAPITAL INC. | $194K | FY2012 | Jul 2012 – Jul 2013 |
| 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. | $179.1K | FY2020 | Aug 2020 – Jun 2021 |
| Small Business Administration | PROGRAM FOR INVESTMENT IN MICROENTREPRENEURS - | $150K | FY2014 | Sep 2014 – Sep 2015 |
| Small Business Administration | MICROLOAN GRANT | $90.2K | FY2013 | Jul 2013 – Jun 2014 |
| National Endowment for the Arts | TO SUPPORT THE DESIGN AND FABRICATION OF STREETSCAPE FURNISHINGS FOR THE SUSQUEHANNA STREET ART AND DESIGN CORRIDOR IN THE HOMEWOOD NEIGHBORHOOD OF PITTSBURGH. | $44.3K | FY2021 | Aug 2021 – Aug 2023 |
| Department of Agriculture | SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN) | $23.3K | FY2014 | Sep 2014 – Sep 2016 |
Department of the Treasury
$4.3M
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
$3.5M
FINANCIAL ASSISTANCE AWARD
Department of the Treasury
$2.8M
FINANCIAL ASSISTANCE AWARD
Department of Commerce
$2M
THE MBDA CAPITAL READINESS PROGRAM (PROGRAM) IS DESIGNED TO HELP CLOSE THE ENTREPRENEURSHIP GAP BETWEEN SOCIALLY AND ECONOMICALLY DISADVANTAGED INDIVIDUALS (SEDI) AND NON-SEDI. THE RECIPIENTS ARE WERE SELECTED TO: (1) HELP SEDI ENTREPRENEURS BUILD CAPACITY; (2) ATTRACT AND PROVIDE ACCESS TO CAPITAL OPPORTUNITIES; AND (3) ATTRACT AND PROVIDE ACCESS TO NETWORKS. THE PROPOSED ACTIVITIES MAY RESEMBLE THE SERVICE MODELS OF INCUBATORS (FOCUSING ON EARLY-STAGE TECHNICAL ASSISTANCE FOR NEW ENTREPRENEURS) OR ACCELERATORS (PROVIDING EMERGING-STAGE TECHNICAL ASSISTANCE TO BUSINESSES READY TO EXPAND OR SCALE), OR PROVIDE A COMBINATION OF BOTH SERVICE MODELS.
Department of the Treasury
$2M
FINANCIAL ASSISTANCE AWARD
Department of the Treasury
$1.5M
FINANCIAL ASSISTANCE AWARD
Department of the Treasury
$1.3M
CDFI RAPID RESPONSE PROGRAM AWARD
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 the Treasury
$1.1M
FINANCIAL ASSISTANCE AWARD
Department of the Treasury
$1M
PURPOSE: TO PROVIDE SUPPLEMENTAL FUNDING TO CDFI FA AND NACA FA AWARD RECIPIENTS, FOR THESE CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) TO PROVIDE FINANCING ACTIVITIES TO SUPPORT HEALTHY FOOD RETAIL OUTLETS AND HEALTHY FOOD NON RETAIL OUTLETS, THAT EXPAND THE AVAILABILITY OF HEALTHY FOODS IN UNDERSERVED AREAS. PLANNED ACTIVITIES: HFFI FINANCIAL ASSISTANCE MUST BE USED FOR FINANCIAL PRODUCTS, DEVELOPMENT SERVICES, LOAN LOSS RESERVES, AND CAPITAL RESERVES (REGULATED INSTITUTIONS ONLY), IN THE RECIPIENT’S APPROVED TARGET MARKET. END GOALS: THE GOAL OF THE HFFI FINANCIAL ASSISTANCE IS TO EXPAND THE AVAILABILITY OF HEALTHY FOODS IN UNDERSERVED AREAS, PARTICULARLY THE AVAILABILITY OF HEALTHY FOOD RETAIL OUTLETS IN AREAS DESIGNATED AS LOW INCOME, LOW ACCESS FOOD AREAS. 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: NOT APPLICABLE. REASON/PURPOSE OF MODIFICATION: NOT APPLICABLE.
Department of the Treasury
$1M
FINANCIAL ASSISTANCE AWARD
Department of the Treasury
$950K
HEALTHY FOODS FINANCING INITIATIVE AWARD
Department of the Treasury
$750K
HEALTHY FOODS FINANCING INITIATIVE AWARD
Department of the Treasury
$750K
FINANCIAL ASSISTANCE AWARD
Department of the Treasury
$686.5K
FINANCIAL ASSISTANCE AWARD
Small Business Administration
$663.2K
THE AMERICAN RECOVERY AND REINVESTMENT ACT OF 2009
Small Business Administration
$654.3K
MICROLOAN
Department of the Treasury
$650K
FINANCIAL ASSISTANCE AWARD
Appalachian Regional Commission
$473.6K
BUSINESS INCUBATOR
Small Business Administration
$444.2K
MICROLOAN TECHNICAL ASSISTANCE PROGRAM
Small Business Administration
$395.4K
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
$332.2K
BRIDGEWAY CAPITAL, PA 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
$304K
MICROLOAN
Small Business Administration
$303.3K
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
$249.9K
MICROLOAN
Small Business Administration
$243.3K
MICROLOAN TECHNICAL ASSISTANCE PROGRAM
Small Business Administration
$242.6K
BRIDGEWAY CAPITAL - PA FY25 AWARD
Small Business Administration
$241.2K
BRIDGEWAY CAPITAL - PA
Small Business Administration
$204.7K
MICROLOAN PROGRAM - TECHNICAL ASSISTANCE GRANT
Small Business Administration
$194.4K
MICROLOAN
Small Business Administration
$194K
BRIDGEWAY CAPITAL INC.
Small Business Administration
$179.1K
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
$150K
PROGRAM FOR INVESTMENT IN MICROENTREPRENEURS -
Small Business Administration
$90.2K
MICROLOAN GRANT
National Endowment for the Arts
$44.3K
TO SUPPORT THE DESIGN AND FABRICATION OF STREETSCAPE FURNISHINGS FOR THE SUSQUEHANNA STREET ART AND DESIGN CORRIDOR IN THE HOMEWOOD NEIGHBORHOOD OF PITTSBURGH.
Department of Agriculture
$23.3K
SEC. 6022 RMAP-RURAL DEVELOP GRANTS (MAN)
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 | $17.5M | $11.1M | $10.9M | $131.7M | $68M |
| 2022 | $11.4M | $4.8M | $7.5M | $100.8M | $53.3M |
| 2021 | $9.6M | $4.5M | $6.5M | $108.9M | $51.2M |
| 2020 | $13.9M | $8.6M | $8.7M |
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 |
|---|
| Thomas Bogdewic | President & CEO | 38 | $216.1K | $0 | $51.6K | $267.7K |
| Scott Langill Asst Secretary | Chief Impact Investment Officer | 38 | $176K | $0 | $34.9K | $210.9K |
| Jacob Saultcontrollerthru 924 | Chief Financial Officer (as Of 9/24) | 38 | $122.3K | $0 | $38.4K | $160.7K |
| Melvin Washington Chairperson | (as Of 4/24)/vice Chair (thru 4/24) | 0.5 | $0 | $0 | $0 | $0 |
| Melonie Jackson Vice Chair | (as Of 7/24)/director (thru 7/24) | 0.5 | $0 | $0 | $0 | $0 |
| Georgia Berner | Treasurer | 0.5 | $0 | $0 | $0 | $0 |
| Stephanie Dangel | Secretary | 0.5 | $0 | $0 | $0 | $0 |
| Ronald A Donatelli Director | (as Of 4/24)/chairperson (thru 4/24) | 0.5 | $0 | $0 | $0 | $0 |
Thomas Bogdewic
President & CEO
$267.7K
Hrs/Wk
38
Compensation
$216.1K
Related Orgs
$0
Other
$51.6K
Scott Langill Asst Secretary
Chief Impact Investment Officer
$210.9K
Hrs/Wk
38
Compensation
$176K
Related Orgs
$0
Other
$34.9K
Jacob Saultcontrollerthru 924
Chief Financial Officer (as Of 9/24)
$160.7K
Hrs/Wk
38
Compensation
$122.3K
Related Orgs
$0
Other
$38.4K
Melvin Washington Chairperson
(as Of 4/24)/vice Chair (thru 4/24)
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Melonie Jackson Vice Chair
(as Of 7/24)/director (thru 7/24)
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Georgia Berner
Treasurer
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Stephanie Dangel
Secretary
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Ronald A Donatelli Director
(as Of 4/24)/chairperson (thru 4/24)
$0
Hrs/Wk
0.5
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 |
|---|---|---|---|---|---|---|
| Shawn Thomas | Lending Team Leader | 40 | $128.5K | $0 | $29.2K | $157.6K |
| Adam Kenney | Chief Programs Officer | 40 | $119.1K | $0 | $35.4K | $154.5K |
| Holly Kay | Managing Director Of Underwriting | 40 | $123.5K | $0 | $19.1K | $142.5K |
| Dawn Seckler | Chief Strategy & Development Officer | 40 | $115.8K | $0 | $24.4K | $140.2K |
| Jennie Sapsara | Director Of Operations | 40 | $104.1K | $0 | $16.9K | $121K |
Shawn Thomas
Lending Team Leader
$157.6K
Hrs/Wk
40
Compensation
$128.5K
Related Orgs
$0
Other
$29.2K
Adam Kenney
Chief Programs Officer
$154.5K
Hrs/Wk
40
Compensation
$119.1K
Related Orgs
$0
Other
$35.4K
Holly Kay
Managing Director Of Underwriting
$142.5K
Hrs/Wk
40
Compensation
$123.5K
Related Orgs
$0
Other
$19.1K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Dan Adamski | Director (exit 1/24) | 0.5 | $0 | $0 | $0 | $0 |
| Denis Mclaughlin | Director | 0.5 | $0 | $0 | $0 | $0 |
| Derrick Wilson | Director (exit 1/24) | 0.5 | $0 | $0 | $0 | $0 |
| Earl Buford | Director | 0.5 | $0 | $0 | $0 | $0 |
| Ja'Ron Bridges | Director | 0.5 | $0 | $0 | $0 | $0 |
| Joseph Wynn | Director |
Dan Adamski
Director (exit 1/24)
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Denis Mclaughlin
Director
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Derrick Wilson
Director (exit 1/24)
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
| $108.9M |
| $48.6M |
| 2019 | $10.4M | $5.3M | $8.2M | $98.8M | $43.5M |
| 2018 | $9.6M | $5M | $7.2M | $95.3M | $41.7M |
| 2017 | $8.5M | $4.4M | $7M | $86.6M | $39.8M |
| 2016 | $14.3M | $10.8M | $6.1M | $75.9M | $38.8M |
| 2015 | $8.8M | $6.1M | $5.7M | $61M | $30.7M |
| 2014 | $9.8M | $7.3M | $5.8M | $54.5M | $27.9M |
| 2013 | $5.2M | $3.1M | $4.5M | $46.7M | $24M |
| 2012 | $5.4M | $3.6M | $3.4M | $44.7M | $23.6M |
| 2011 | $7.2M | $5.2M | $4.3M | $43.7M | $21M |
| 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 | — |
Dawn Seckler
Chief Strategy & Development Officer
$140.2K
Hrs/Wk
40
Compensation
$115.8K
Related Orgs
$0
Other
$24.4K
Jennie Sapsara
Director Of Operations
$121K
Hrs/Wk
40
Compensation
$104.1K
Related Orgs
$0
Other
$16.9K
| 0.5 |
| $0 |
| $0 |
| $0 |
| $0 |
| Morton Stanfield Jr | Director | 0.5 | $0 | $0 | $0 | $0 |
| Tammy Ribar | Director | 0.5 | $0 | $0 | $0 | $0 |
| Thomas Bakaitus | Director | 0.5 | $0 | $0 | $0 | $0 |
| Thomas D Michael | Director (exit 4/24) | 0.5 | $0 | $0 | $0 | $0 |
| Yvonne Cook | Director (enter 1/24) | 0.5 | $0 | $0 | $0 | $0 |
Earl Buford
Director
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Ja'Ron Bridges
Director
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Joseph Wynn
Director
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Morton Stanfield Jr
Director
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Tammy Ribar
Director
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Thomas Bakaitus
Director
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Thomas D Michael
Director (exit 4/24)
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Yvonne Cook
Director (enter 1/24)
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0