Overview
What is Greenwood Archer Capital Inc?
Greenwood Archer Capital Inc is a nonprofit organization situated in Chicago, Illinois. Their primary focus is to support small businesses in underserved neighborhoods by providing microloans and development services. These services aim to foster the creation of new job opportunities, maintain existing ones, and enhance household incomes. The organization's mission is deeply rooted in countering institutional racism and fostering the growth of independent, vibrant Black communities. By lending their knowledge and capital, Greenwood Archer Capital strives to create an environment driven by purpose.
Official website here: www.greenwoodarchercapital.org
Is Greenwood Archer Capital Inc legitimate?
Greenwood Archer Capital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greenwood Archer Capital 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.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $37,200
Other Salaries and Wages: $240,725
For more financial information, click here
What is the mission statement of Greenwood Archer Capital Inc?
Greenwood Archer Capital Inc's mission is centered around using their knowledge and financial resources to combat institutional racism. Their primary goal is to foster the growth of independent, vibrant Black communities and establish an environment driven by purpose. The organization aims to utilize their capital to reverse the negative effects of institutional racism, ultimately creating a more equitable environment. Greenwood Archer Capital provides microloans and development services to small businesses in underserved neighborhoods, with the aim of creating new job opportunities, preserving existing ones, and increasing household incomes.
Official website here: www.greenwoodarchercapital.org
Who is the CEO of Greenwood Archer Capital Inc?
Erica Mcpherson is the Chair of Greenwood Archer Capital Inc.
Official website here: www.greenwoodarchercapital.org
What is the revenue of Greenwood Archer Capital Inc?
Greenwood Archer Capital Inc's revenue in 2022 was $2,352,248.
Official website here: www.greenwoodarchercapital.org
Who are the executives of Greenwood Archer Capital Inc and what are their salaries?
- David Doig (Director)
- Jennifer Bransfield (General Counsel, Cni)
- Erica Mcpherson (President)
- Annette Washington (Director Of Finance, Cni)
- Eva Brown (Chair) [Trustee/Director]
- Willard Payton (Vice-Chair) [Trustee/Director]
- Louis V Leonardi Iii (Secretary) [Trustee/Director]
- Kimberlie Jackson (Director)
- Diahann Sinclair (Director)
- Larry Reed (Director)
- Amiel Harper (Director)
- Amara Eniya (Director)
Official website here: www.greenwoodarchercapital.org
Where can I find the form 990 for Greenwood Archer Capital Inc?
The Greenwood Archer Capital Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.greenwoodarchercapital.org
Learn more at the official website: www.greenwoodarchercapital.org
Mission Statement of Greenwood Archer Capital Inc
Greenwood Archer Capital, a notable organization, aims to utilize its knowledge and financial resources to combat institutional racism and foster the growth of thriving, independent Black communities. Their mission is to create an environment driven by purpose, with the ultimate goal of reversing the effects of institutional racism. By lending capital and providing development services, this nonprofit aims to generate new employment opportunities, preserve existing jobs, and boost household incomes in underserved neighborhoods.
Impact
This information is meant to be a general summary of Greenwood Archer Capital Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Greenwood Archer Capital Inc aims to reverse the impact of institutional racism and grow independent, vibrant black communities by providing small businesses in underserved neighborhoods with microloans and development services. This initiative helps create new and higher-paying job opportunities, save existing jobs, and increase household incomes in these communities. By focusing on community improvement through economic empowerment, Greenwood Archer Capital is actively contributing to addressing systemic inequalities and fostering sustainable growth in marginalized areas.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN FEES
Revenue
$35,956
Organization Details
Founding Year
2012
Phone
(773) 341-2060
Principal Officer
Erica Mcpherson
Main Address
1000 EAST 111TH STREET - 10TH FLOOR, CHICAGO, IL, 60628
NTEE Category
Code: S20 - Community improvement
If you are a representative of Greenwood Archer Capital Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.