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Champion Impact Capital

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

EIN: 460993106 ✦ Irving, TX ✦ Designated as a 501(c)(3)

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Overview

What is Champion Impact Capital?

Champion Impact Capital is a nonprofit organization headquartered in Irving, Texas, with an address at 1500 North Loop 12. Their primary mission is to uplift individuals from poverty and strengthen communities. They have made significant strides in this area by developing a technology platform for the Economic Development Administration/Department of Commerce. This innovative tool matches eligible COVID-19 recovery projects with appropriate investment strategies and capitalization methods. By doing so, Champion Impact Capital contributes to the revitalization and growth of communities, thereby helping to lift people out of poverty.


Official website here: www.championcapital.org

Is Champion Impact Capital legitimate?

Champion Impact Capital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Champion Impact Capital 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.championcapital.org

What is the mission statement of Champion Impact Capital?

Champion Impact Capital's mission is centered around lifting people out of poverty and strengthening communities. They accomplish this by employing a technology platform that matches eligible COVID recovery projects with appropriate capitalization strategies and investment opportunities, thereby facilitating the funding of these projects. This organization's work aims to contribute to the economic and social development of communities, ultimately improving the lives of those living in poverty.


Official website here: www.championcapital.org

Who is the CEO of Champion Impact Capital?

Michelle Corson is the Chair of Champion Impact Capital. The CEO's salary of Champion Impact Capital is $0 and their total compensation is $0.


Official website here: www.championcapital.org

What is the revenue of Champion Impact Capital?

Champion Impact Capital's revenue in 2022 was $288,358.


Official website here: www.championcapital.org

Who are the executives of Champion Impact Capital and what are their salaries?

There 9 volunteers at Champion Impact Capital.


Here are 10 key members and their salaries (Champion Impact Capital's CEO's salary is $0 and their total compensation is $0):


Trent Petty (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Altizer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr David Chard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Corson (Ceo & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Cox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Hatcher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Plamen Jordanoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Sana Syed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Michael Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Stanutz (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.championcapital.org

Where can I find the form 990 for Champion Impact Capital?

Champion Impact Capital's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.championcapital.org

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

Mission Statement of Champion Impact Capital

Champion Impact Capital, a nonprofit organization, is dedicated to uplifting individuals from poverty and strengthening communities. Their mission is centered around this objective, aiming to make a substantial impact in people's lives and improve the overall well-being of communities. To achieve this goal, Champion Impact Capital developed a technology platform in collaboration with the EDA/Department of Commerce. This innovative tool matches eligible COVID recovery projects with appropriate capitalization strategies and investment opportunities, thereby helping to revitalize communities and foster economic growth. By leveraging its resources and expertise, Champion Impact Capital strives to contribute significantly to the improvement of living standards and the betterment of communities across the board.

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Impact




October, 2024

Champion Impact Capital plays a crucial role in alleviating poverty and enhancing community resilience. By creating a technology platform for the Economic Development Administration (EDA) and the Department of Commerce, the organization facilitates the connection between eligible COVID recovery projects and effective capitalization strategies. This innovative approach not only supports economic recovery but also empowers communities by ensuring they have access to the necessary resources and investments needed for sustained growth. Operating from Irving, TX, Champion Impact Capital is dedicated to lifting individuals from poverty and fostering strong, vibrant communities.




This information is meant to be a general summary of Champion Impact Capital. 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
$288,358 (2022)
Expenses
$234,563 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $74,753
  • Gross Receipts: $288,358

Assets and Liabilities:

  • Total Assets: $5,834,197
  • Total Liabilities: $195,557
  • Net Assets: $5,638,640

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Organization Details

Founding Year

2012

Principal Officer

Michelle Corson

Main Address

1500 NORTH LOOP 12, IRVING, TX, 75061

NTEE Category

Code: W20 - Public benefit

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