Overview
What is Community Capital Advisors?
Community Capital Advisors (CCA) is a nonprofit organization based in Philadelphia, Pennsylvania. Established in the mid-1990s, their primary focus has been providing technical assistance to grassroots organizations. In 2022, they offered various forms of support, including project designs, business plans, workshops, mentoring, fundraising assistance, financial analysis, and bookkeeping services. Their mission, known as "Teach a Girl to Fish," aims to promote gender wealth parity by assisting women, girls, and low-income populations to enhance their economic equity through affordable housing development, community development financial institutions (CDFI), and technical assistance in STEM education.
Official website here: www.communitycapitaladvisors.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Community Capital Advisors has received a solid Three-Star rating from Charity Navigator, reflecting its strong accountability and financial health. The organization boasts an impressive program expense ratio of 91.60%, indicating that a significant portion of its funds are directed towards its mission-driven programs. Additionally, the charity demonstrates good governance practices, with a majority of independent board members and comprehensive policies in place for conflicts of interest and whistleblower protections.
The organization has scored highly in various key areas, such as having no material diversion of assets and a perfect score for its liabilities to assets ratio. Its commitment to transparency is evidenced by the listing of its website on tax forms and the availability of board meeting minutes. These factors contribute to an overall perception of sound management and responsible stewardship of donor funds.
However, while the charity has shown strong performance in many areas, the rating indicates that there is still room for improvement to reach the highest level of recognition. Continuous efforts to enhance transparency and governance could further bolster its standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Community Capital Advisors legitimate?
Community Capital Advisors is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Capital Advisors 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:
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For more financial information, click here
Official website here: www.communitycapitaladvisors.org
What is the mission statement of Community Capital Advisors?
Community Capital Advisors, as an organization, is committed to promoting gender wealth equality through various initiatives. Their primary mission, referred to as "Teach a Girl to Fish," focuses on assisting women, girls, and low-income populations in increasing their economic stake in broader society. They achieve this goal by providing affordable housing developments, Community Development Financial Institutions (CDFIs), and technical assistance in Science, Technology, Engineering, and Mathematics (STEM) education. By doing so, Community Capital Advisors aims to empower these groups, enabling them to participate more fully in the economy. Since its establishment in the 1990s, technical assistance has been Community Capital Advisors' primary activity, providing various forms of support, including project designs, business plans, and financial guidance, to numerous grassroots organizations.
Official website here: www.communitycapitaladvisors.org
Who is the CEO of Community Capital Advisors?
Justma Kerkula is the Board Chair/Senior Technologist of Community Capital Advisors.
Official website here: www.communitycapitaladvisors.org
What is the revenue of Community Capital Advisors?
Community Capital Advisors's revenue in 2022 was $742,865.
Official website here: www.communitycapitaladvisors.org
Who are the executives of Community Capital Advisors and what are their salaries?
There 5 volunteers at Community Capital Advisors.
Here are 14 key members and their salaries:
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Official website here: www.communitycapitaladvisors.org
Where can I find the form 990 for Community Capital Advisors?
Community Capital Advisors's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.communitycapitaladvisors.org
Learn more at the official website: www.communitycapitaladvisors.org
Mission Statement of Community Capital Advisors
Community Capital Advisors, a nonprofit organization, is dedicated to promoting gender wealth parity. Their mission, often referred to as "Teach a Girl to Fish," involves assisting women, girls, and low-income populations in increasing their economic equity. This is achieved through various strategies, including affordable housing development, Community Development Financial Institutions (CDFIs), and technical assistance in STEM education. By providing these resources, Community Capital Advisors aims to empower these groups and help them become more significant stakeholders in the broader economy. Their primary activity, which began in the mid-1990s, has been providing technical assistance to grassroots organizations. In 2022 alone, they offered project designs, business plans, workshops, mentoring, fundraising support, financial analysis, and bookkeeping services to numerous organizations.
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Impact
October, 2024
Community Capital Advisors plays a significant role in advancing gender wealth parity and empowering underserved communities. By focusing on the "Teach a Girl to Fish" initiative, they provide crucial support aimed at enhancing the financial stability and equity of women, girls, and low-wealth populations.
The organization facilitates affordable housing development and operates as a Community Development Financial Institution (CDFI), enabling community members to build assets and economic independence. Through their extensive technical assistance programs, they offer essential tools such as project designs, business planning, workshops, and mentoring. This support helps grassroots organizations strengthen their operations and achieve sustainable growth.
In 2022, Community Capital Advisors’ commitment to capacity building was evident as they provided various forms of assistance to grassroots organizations. Their services included fundraising support, bookkeeping, and financial statement analysis, all of which are critical for organizations seeking to amplify their impact in the community.
By empowering individuals and communities in Philadelphia, CCA fosters a more inclusive economy where everyone can share in the benefits of growth and prosperity. Their work not only improves local conditions but also paves the way for greater equity in the broader economic landscape.
This information is meant to be a general summary of Community Capital Advisors. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $742,865
Assets and Liabilities:
- Total Assets: $769,500
- Total Liabilities: $0
- Net Assets: $769,500
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Organization Details
Founding Year
1998
Phone
(267) 344-9891Principal Officer
Justma Kerkula
Main Address
6723 Musgrave Street, Philadelphia, PA, 19119
NTEE Category
Code: S20 - Community improvement
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