Overview
What is Impact Capital Managers Institute Inc?
Impact Capital Managers Institute Inc, based in New York City, is a nonprofit dedicated to promoting and supporting private capital impact investing, social entrepreneurship, and innovative financing mechanisms. They achieve this by organizing educational events, facilitating research and studies, creating and disseminating educational materials, fostering collaborations, and engaging in various lawful activities to further their mission. In 2023, they launched several reports, including studies on exit events, impact factors, and fund administration. They also collaborated with other organizations to advance racial equity through impact investing. By engaging in these activities, Impact Capital Managers Institute Inc aims to facilitate positive social change.
Is Impact Capital Managers Institute Inc legitimate?
Impact Capital Managers Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Impact Capital Managers Institute 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $102,992
Professional Fundraising Fees: $0
Other Salaries and Wages: $115,389
For more financial information, click here
What is the mission statement of Impact Capital Managers Institute Inc?
Impact Capital Managers Institute Inc's mission is centered around fostering and facilitating the growth of private capital impact investing, social entrepreneurship, and innovative financing mechanisms. By doing so, the organization aims to bring about positive social change. This is achieved through various activities, including organizing educational forums, trainings, workshops, and programs. Additionally, they support research and studies, create and disseminate educational materials, and impact measurement tools. They also engage in building and sustaining educated, diverse, and dynamic communities of impact, enabling the effective deployment of philanthropic and other resources in a mission-aligned manner. The organization engages in any lawful activities incidental to and in pursuit of these purposes.
Who is the CEO of Impact Capital Managers Institute Inc?
Hope Mago is the Principal Officer of Impact Capital Managers Institute Inc.
What is the revenue of Impact Capital Managers Institute Inc?
Impact Capital Managers Institute Inc's revenue in 2022 was $294,831.
Who are the executives of Impact Capital Managers Institute Inc and what are their salaries?
There 12 volunteers at Impact Capital Managers Institute Inc.
Here are 7 key members and their salaries:
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- Other: $0
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- Compensation: $0
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- Other: $0
- Compensation: $102,992
- Related: $67,008
- Other: $0
Where can I find the form 990 for Impact Capital Managers Institute Inc?
Impact Capital Managers Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Impact Capital Managers Institute Inc
Impact Capital Managers Institute Inc is dedicated to fostering and promoting the development of private capital impact investing, social entrepreneurship, and innovative financing mechanisms. Their mission is to facilitate positive social change by engaging in various activities, such as organizing educational forums, trainings, workshops, and programs. They also support research and studies, create and disseminate educational materials, training tools, and impact measurement resources. Furthermore, Impact Capital Managers Institute Inc aims to build and sustain educated, diverse, and dynamic communities of impact, enabling the effective deployment of philanthropic and other resources in a mission-aligned manner. They achieve this by developing and promoting collaborations and relationships. In essence, Impact Capital Managers Institute Inc works to facilitate the growth of impact investing and social entrepreneurship, with the ultimate goal of bringing about positive social change.
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Impact
October, 2024
Impact Capital Managers Institute Inc significantly influences the private capital impact investing landscape by fostering innovative financing mechanisms that drive positive social change. The organization plays a pivotal role in creating educational forums, training programs, and workshops tailored to equip individuals and organizations with the necessary skills and knowledge in impact investing and social entrepreneurship.
One of its key initiatives, the Mosaic Fellowship, has provided graduate students from underrepresented backgrounds with internship positions at various member funds, promoting diversity and inclusion within the impact investing sector. These summer associates benefit from a comprehensive curriculum, networking opportunities, and mentorship that not only advance their careers but also enrich the field with diverse perspectives.
Additionally, the Institute engages in research efforts that enhance understanding of the relationship between social impact and financial performance. Recent studies analyzing over 200 exit events among member funds shed light on the impact generated during investment periods, offering valuable insights that are freely accessible to the public. This commitment to knowledge dissemination is further reinforced through various collaborative efforts aimed at advancing racial equity in impact investing.
Through partnerships with consulting firms and other membership networks, the Institute actively contributes to field-building discussions and endeavors, thereby strengthening the ecosystem of impact investing. Their representation at conferences also helps to advocate for integrity and authenticity within the sector, ensuring that the impact investing community continues to grow responsibly and effectively.
This information is meant to be a general summary of Impact Capital Managers Institute Inc. 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: $294,831
Assets and Liabilities:
- Total Assets: $230,546
- Total Liabilities: $97,117
- Net Assets: $133,429
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Organization Details
Founding Year
2018
Phone
(917) 495-4241Principal Officer
Hope Mago
Main Address
11 WEST 42ND STREET 2 FL, NEW YORK, NY, 10036
NTEE Category
Code: B03 - Education
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