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Coalition Of Community Development Financial Institutions Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010728162 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Coalition Of Community Development Financial Institutions Inc?

The Coalition of Community Development Financial Institutions Inc, based in Washington D.C., is a nonprofit organization dedicated to supporting and advocating for Community Development Financial Institutions (CDFIs) nationwide. Their primary mission involves promoting and strengthening the CDI field, educating the public about its importance, and advocating on its behalf. The Coalition keeps tabs on the activities of the CDFI Fund, a federal program established to aid CDFIs across the country. By monitoring and influencing public policy regarding CDFIs, the Coalition aims to ensure a robust and viable CDI sector that contributes to community development and economic growth.


Official website here: www.cdfi.org

Is Coalition Of Community Development Financial Institutions Inc legitimate?

Coalition Of Community Development Financial Institutions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coalition Of Community Development Financial Institutions Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cdfi.org

What is the mission statement of Coalition Of Community Development Financial Institutions Inc?

The Coalition of Community Development Financial Institutions Inc. is dedicated to reinforcing and expanding the community development financial institutions (CDFI) sector. They accomplish this mission by actively promoting the field and its work, advocating on its behalf, and educating others about the importance of CDFIs. The organization keeps a close eye on the activities of the CDFI Fund, a federal program that supports CDFIs nationwide, and advocates for sound policies that benefit these institutions. The Coalition's efforts are aimed at strengthening the CDFI sector and ensuring it can continue to support communities in need.


Official website here: www.cdfi.org

Who is the CEO of Coalition Of Community Development Financial Institutions Inc?

Ceyl Prinster is the Chair of Coalition Of Community Development Financial Institutions Inc.


Official website here: www.cdfi.org

What is the revenue of Coalition Of Community Development Financial Institutions Inc?

Coalition Of Community Development Financial Institutions Inc's revenue in 2022 was $356,450.


Official website here: www.cdfi.org

Who are the executives of Coalition Of Community Development Financial Institutions Inc and what are their salaries?


Here are 18 key members and their salaries:


Ceyl Prinster (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Montoya (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marten R Jenkins Jr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Saurabh Narain (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Piccolo (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Berman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hank Helton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerwin Tesdell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Evans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathie Mahon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeannine Jacokes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Kilmer Neel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Buxbaum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katey Forth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yan Jiang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Kelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Martinez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Vasiloff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cdfi.org

Where can I find the form 990 for Coalition Of Community Development Financial Institutions Inc?

Coalition Of Community Development Financial Institutions Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cdfi.org

Learn more at the official website: www.cdfi.org

Mission Statement of Coalition Of Community Development Financial Institutions Inc

The Coalition of Community Development Financial Institutions Inc, in its mission, aims to bolster and expand the community development financial institutions (CDFIs) sector. This nonprofit organization accomplishes this by advocating for the field and its associated work, promoting CDFIs, and educating relevant stakeholders. By doing so, the Coalition seeks to foster a supportive environment for CDFIs, enabling them to effectively serve their communities and contribute to economic development. The Coalition's activities encompass monitoring the activities of the CDFI Fund, a federal program set up to support CDFIs nationwide. By promoting sound public policy regarding CDFIs, the Coalition plays a crucial role in ensuring the continued growth and success of the sector.

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Impact




October, 2024

The Coalition of Community Development Financial Institutions Inc plays a crucial role in enhancing the effectiveness and reach of Community Development Financial Institutions (CDFIs) across the nation. By advocating for policies that support CDFIs and educating stakeholders about their importance, the Coalition strengthens the financial ecosystem that enables underserved communities to thrive.

Through its monitoring of the CDFI Fund, the Coalition ensures that federal support aligns with the needs of CDFIs, fostering an environment where these institutions can flourish. This advocacy leads to better funding opportunities, enabling CDFIs to expand their services and reach a broader population. The Coalition’s efforts in public policy promotion contribute significantly to community improvement, empowering individuals and small businesses in areas that lack traditional financial services.

By raising awareness and providing education about the critical role CDFIs play in community development, the Coalition helps to build a stronger, more inclusive financial landscape, ultimately leading to improved economic outcomes for marginalized communities.




This information is meant to be a general summary of Coalition Of Community Development Financial Institutions Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$356,450 (2022)
Expenses
$370,156 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $88
  • Program Service Revenue: $172,862
  • Gross Receipts: $356,450

Assets and Liabilities:

  • Total Assets: $292,320
  • Total Liabilities: $0
  • Net Assets: $292,320

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Conference registrations

Revenue

$17,220

Exhibitors/sponsorships

Revenue

$155,642

Organization Details

Founding Year

2002

Principal Officer

Ceyl Prinster

Main Address

1155 15th Street NW, Washington, DC, 20005

NTEE Category

Code: S023 - Community improvement

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