Overview
What is Calvert Impact Capital Inc?
Calvert Impact Capital Inc, based in Bethesda, Maryland, is a nonprofit organization that facilitates the investment of capital into community development initiatives. By purchasing their Community Investment Notes, investors contribute to a diversified loan pool, aiming to earn both a financial and a social return. The capital raised through these notes directly supports the financing needs of domestic and international community development organizations, projects, funds, and social enterprises. Calvert Impact Capital's mission is to maximize the flow of capital to underserved communities and individuals, contributing to a more equitable and sustainable society. They employ a workforce of 44 individuals in their mission.
Official website here: www.calvertimpactcapital.org
Is Calvert Impact Capital Inc legitimate?
Calvert Impact Capital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Calvert Impact 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: $1,326,044
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,380,745
For more financial information, click here
What is the mission statement of Calvert Impact Capital Inc?
Calvert Impact Capital Inc strives to increase the circulation of capital towards community development organizations that benefit underserved communities and individuals. By doing so, they aim to create a more equitable and sustainable society. The organization raises funds through community investment notes, which function as debt securities. Each investment contributes to a diversified loan pool, with the objective of generating both a financial and social return. The capital gathered from these notes directly supports the financing requirements of domestic and international community development organizations, projects, funds, and social enterprises.
Official website here: www.calvertimpactcapital.org
Who is the CEO of Calvert Impact Capital Inc?
Jennifer Pryce is the President & Ceo of Calvert Impact Capital Inc. The CEO's salary of Calvert Impact Capital Inc is $505,167 and their total compensation is $539,109.
Official website here: www.calvertimpactcapital.org
What is the revenue of Calvert Impact Capital Inc?
Calvert Impact Capital Inc's revenue in 2022 was $30,134,256.
Official website here: www.calvertimpactcapital.org
Who are the executives of Calvert Impact Capital Inc and what are their salaries?
The average compensation at Calvert Impact Capital Inc during 2022 was $129,700. There are 44 employees and 16 volunteers at Calvert Impact Capital Inc.
Here are 24 key members and their salaries (Calvert Impact Capital Inc's CEO's salary is $505,167 and their total compensation is $539,109):
- Jennifer Pryce (President & Ceo)
- Derek Strocher (Chief Financial Officer)
- Justin Conway (Secretary, President Of Cip)
- Catherine Godschalk (Vp, Lending)
- Elizebeth Bafford (Vp, Syndications & Strategy)
- Lauri Michel (Vp Risk Management)
- Emmeline Liu (General Counsel)
- Lucas Pappas (Director Of Investments)
- Frederick Harvey (Chairman) [Trustee/Director]
- Aron Betru (Director)
- Ruma Bose (Director)
- Meesha Brown (Director)
- Deborah Burand (Director)
- Deena Burjorjee (Director (From 9/2022))
- Mario Espinosa (Director & Risk Committee Chair)
- Dr Jennifer Isern (Director)
- Phil Kirshman (Director & Governance Committee Chair)
- Lynn Nguyen (Director (From 1/2022))
- Scott Page (Director)
- Decker Rolph (Director & Compensation Committee Chair)
- John Streur (Director & Audit And Finance Committee Chair)
- Kathy Stearns (Director & Credit Committee Chair)
- Fern Thomas (Director)
- Jaime Yordan (Director & Pension Committee Chair)
Official website here: www.calvertimpactcapital.org
Where can I find the form 990 for Calvert Impact Capital Inc?
The Calvert Impact Capital Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.calvertimpactcapital.org
Learn more at the official website: www.calvertimpactcapital.org
Mission Statement of Calvert Impact Capital Inc
Calvert Impact Capital, Inc., a mission-driven organization, strives to maximize the circulation of capital towards community development initiatives in underserved areas. By doing so, Calvert Impact Capital aims to create a more equitable and sustainable society for communities and individuals. The capital raised through Calvert Impact Capital's Community Investment Notes functions as debt securities, serving to channel investor funds towards high-impact community development projects. Each dollar invested in these notes contributes to a diversified loan pool with the objective of earning both a financial and a social return. The capital directly supports the financing requirements of a range of domestic and international community development organizations, projects, funds, and social enterprises.
Impact
This information is meant to be a general summary of Calvert Impact Capital Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Calvert Impact Capital Inc works to maximize the flow of capital to community development organizations for the benefit of underserved communities and individuals to achieve a more equitable and sustainable society. Their community investment notes are debt securities that help channel investor capital to high-impact community development initiatives. Every dollar invested in the note is placed in a diversified loan pool with the objective of earning both a financial and a social return. The capital raised through the notes directly supports the financing needs of domestic and international community development organizations, projects, funds, and other social enterprises. Their impact is focused on community improvement.
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.
CALVERT COMMUNITY INVESTMENTS
Revenue
$21,995,540
Organization Details
Founding Year
1988
Phone
(800) 248-0337
Principal Officer
Jennifer Pryce
Main Address
7550 WISCONSIN AVENUE 8TH FLOOR, BETHESDA, MD, 20814
Website
www.calvertimpactcapital.org
NTEE Category
Code: S300 - Community improvement
If you are a representative of Calvert Impact 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.