Overview
What is Capital Impact Partners?
Capital Impact Partners is a dedicated organization that helps create inclusive and equitable communities by granting access to essential banking services for cooperatives and member-owned entities across the United States. Through their capital investments and commitment, they empower these organizations to thrive and contribute to community development. National Cooperative Bank (NCB), the banking arm of Capital Impact Partners, is the sole financial institution in the country that caters exclusively to cooperatives and member-owned organizations, offering a range of banking solutions nationwide.
Official website here: www.capitalimpact.org
What are the reviews and ratings of this charity?
Charity Navigator rates Capital Impact Partners at 79%, granting it a Three-Star out of Four Star rating. This score reflects a solid performance in accountability and finance, where it earned 77 points, along with a strong showing in culture and community with a score of 89. The charity's commitment to equity strategies is also notable, receiving an 83 out of 100 points.
The strengths of Capital Impact Partners lie in their focus on financial accountability and the positive impact they have on local communities. The high score in culture and community indicates a strong engagement with stakeholders and a commitment to fostering inclusive practices. This is essential for building trust and ensuring that their programs effectively meet the needs of those they serve.
However, the slightly lower score in accountability and finance suggests that there may be areas for improvement in fiscal transparency or operational efficiency. While the overall rating is commendable, potential donors or supporters may want to consider these nuances when evaluating the organization’s effectiveness and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Capital Impact Partners legitimate?
Capital Impact Partners is a legitimate nonprofit organization registered as a 501(c)(3) entity. Capital Impact Partners 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: $4,154,648
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,390,212
For more financial information, click here
Official website here: www.capitalimpact.org
What is the mission statement of Capital Impact Partners?
Capital Impact Partners is an organization committed to building inclusive and equitable communities by providing access to essential capital and opportunities. Through their efforts, they help bridge the gap for individuals and communities who may not have access to the resources they deserve. By focusing on community development and social impact, Capital Impact Partners aims to create sustainable solutions that empower people and foster economic growth. While specific details of their initiatives are not mentioned, their mission is centered around promoting equity and opportunity for all.
Official website here: www.capitalimpact.org
Who is the CEO of Capital Impact Partners?
Ellis Carr is the CEO of Capital Impact Partners The CEO's salary of Capital Impact Partners is $862,564 and their total compensation is $901,772.
Official website here: www.capitalimpact.org
What is the revenue of Capital Impact Partners?
Capital Impact Partners's revenue in 2023 was $69,443,542.
Official website here: www.capitalimpact.org
Who are the executives of Capital Impact Partners and what are their salaries?
The average compensation at Capital Impact Partners during 2023 was $123,196. There are 183 employees at Capital Impact Partners.
Here are 30 key members and their salaries (Capital Impact Partners's CEO's salary is $862,564 and their total compensation is $901,772):
- Compensation: $862,564
- Related: $0
- Other: $39,208
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $6,250
- Related: $0
- Other: $0
- Compensation: $2,500
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $212,500
- Related: $0
- Other: $0
- Compensation: $6,250
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $440,449
- Related: $0
- Other: $63,398
- Compensation: $319,757
- Related: $0
- Other: $73,173
- Compensation: $308,457
- Related: $0
- Other: $56,354
- Compensation: $429,245
- Related: $0
- Other: $69,917
- Compensation: $360,194
- Related: $0
- Other: $82,038
- Compensation: $334,830
- Related: $0
- Other: $37,949
- Compensation: $349,095
- Related: $0
- Other: $45,520
- Compensation: $292,003
- Related: $0
- Other: $40,693
- Compensation: $253,199
- Related: $0
- Other: $52,880
- Compensation: $285,405
- Related: $0
- Other: $23,707
- Compensation: $246,424
- Related: $0
- Other: $52,352
- Compensation: $234,286
- Related: $0
- Other: $40,680
Official website here: www.capitalimpact.org
Where can I find the form 990 for Capital Impact Partners?
Capital Impact Partners's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.capitalimpact.org
Learn more at the official website: www.capitalimpact.org
Mission Statement of Capital Impact Partners
Capital Impact Partners, a pioneering organization, is committed to constructing inclusive and equitable communities by granting people access to the essential capital and opportunities they merit. Through thoughtful investment and unwavering dedication, this mission-driven entity empowers individuals and communities that are often overlooked by traditional financial institutions.
Capital Impact Partners' primary objective is to serve as a catalyst for positive change, focusing on underserved populations and areas. By employing capital as a tool for transformation, they aim to create sustainable social and economic impact. This is accomplished by collaborating with organizations and initiatives that align with their vision of building vibrant, thriving communities.
National Cooperative Bank (NCB), a distinctive banking partner of Capital Impact Partners, plays a pivotal role in their mission. As the sole financial institution in the United States exclusively dedicated to providing banking services to cooperatives and member-owned organizations, NCB offers Capital Impact Partners the unique ability to reach a diverse range of communities. Together, they provide customized financial solutions to help these organizations grow, thrive, and ultimately, contribute to the economic development of their respective communities. Capital Impact Partners' unwavering commitment to their mission, coupled with NCB's specialized banking expertise, makes for a powerful and impactful partnership.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Capital Impact Partners drives significant change by providing access to capital and opportunities that foster inclusive and equitable communities. Through its commitment to building healthier neighborhoods, it facilitates investments in initiatives that enhance economic development, improve healthcare access, and expand educational opportunities.
With a focus on supporting cooperatives and member-owned organizations, Capital Impact Partners plays a vital role in empowering communities to thrive. Its efforts are centered on creating solutions that address the unique challenges faced by underserved populations, ensuring that they have the resources necessary to achieve sustainable growth and well-being. By leveraging financial resources and strategic partnerships, Capital Impact Partners actively contributes to building a more equitable society.
This information is meant to be a general summary of Capital Impact Partners. 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 2023.
- Investment Income: $6,940,921
- Program Service Revenue: $32,939,843
- Gross Receipts: $71,955,072
Assets and Liabilities:
- Total Assets: $583,801,509
- Total Liabilities: $418,804,761
- Net Assets: $164,996,748
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST EARNED ON LOANS
Revenue
$25,217,968
LOAN FEES
Revenue
$3,708,109
INTER-COMPANY FEE INCOME
Revenue
$3,661,528
DEBT EXTINGUISHMENT GAIN
Revenue
$352,238
Organization Details
Founding Year
1982
Principal Officer
Natalie Gunn
Website
www.capitalimpact.orgNTEE Category
Code: W600 - Public benefit
If you are a representative of Capital Impact Partners 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.