Impact Capital Managers Inc

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

EIN: 833201824 ✦ New york, NY ✦ Designated as a 501(c)(6)

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Overview

What is Impact Capital Managers Inc?

Impact Capital Managers Inc is a nonprofit organization based in New York City, specifically at 11 West 42nd Street, dedicated to supporting the growth of the private capital impact investing industry. They accomplish this by organizing and managing over 60 events for their members, including co-investment calls, workshops, and speaker series on impact management. Additionally, they launched an online member portal and hosted annual member convenings in Washington D.C. and San Francisco. Impact Capital Managers Inc also publishes thought leadership pieces, provides interviews with industry media outlets, and partners with the ICM Institute to offer a fellowship program for underrepresented graduate students. Their mission is to promote diversity, equity, and inclusion in impact investing, and they aim to educate impact investors, develop and share best practices, and establish professional standards in the industry.

Is Impact Capital Managers Inc legitimate?

Impact Capital Managers Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Impact Capital Managers 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: $67,008
Professional Fundraising Fees: $0
Other Salaries and Wages: $62,403

For more financial information, click here

What is the mission statement of Impact Capital Managers Inc?

Impact Capital Managers Inc was established with the mission to foster the growth of the private capital impact investing industry. The corporation aims to educate impact investors, develop and disseminate relevant data, best practices, policies, and professional standards. Moreover, they promote diversity, equity, and inclusion within the impact investing sector, and engage in activities that support the collective interests of impact investors and the impact investing community.

Who is the CEO of Impact Capital Managers Inc?

Hope Mago is the Chair of Impact Capital Managers Inc.

What is the revenue of Impact Capital Managers Inc?

Impact Capital Managers Inc's revenue in 2022 was $490,514.

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

The average compensation at Impact Capital Managers Inc during 2022 was $43,137. There are 3 employees and 13 volunteers at Impact Capital Managers Inc.


Here are 14 key members and their salaries:


Hope Mago (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Kirkpatrick (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Cohen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monika Mantilla (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Cook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Deberry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudine Emeott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Greenfield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Grovic (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karl Khoury (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Pfund (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Pianko (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Trelstad (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marieke Spence (Executive Director)
  • Compensation: $67,008
  • Related: $102,992
  • Other: $0
Where can I find the form 990 for Impact Capital Managers Inc?

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

Mission Statement of Impact Capital Managers Inc

Impact Capital Managers Inc was established with a mission to foster the growth of the private capital impact investing industry. They aim to achieve this by educating impact investors, developing and disseminating relevant data, best practices, policies, and professional standards. The organization is committed to promoting diversity, equity, and inclusion within the impact investing community. Additionally, Impact Capital Managers Inc engages in various activities that align with the common business interests of impact investors and the wider impact investing community. By taking on these roles, the corporation seeks to contribute significantly to the development and success of the private capital impact investing industry.

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Impact




October, 2024

Impact Capital Managers Inc plays a pivotal role in advancing the field of private capital impact investing. By organizing over 60 events, the organization fosters collaboration and knowledge-sharing among impact investors through co-investment calls, peer learning workshops, and a series of curated speaker events that cover essential topics such as impact management and legal strategies for impact funds.

Their initiatives also enhance accessibility to resources, exemplified by the launch of a new online member portal that consolidates valuable information for the growing network of private capital impact funds. This commitment to education and resource-sharing is further demonstrated through their thought leadership publications and industry media engagements.

A significant aspect of ICM’s impact is its focus on diversity, equity, and inclusion within the impact investing sector. This is exemplified by the Mosaic Fellowship program, which places graduate students from traditionally underrepresented backgrounds into roles at member funds, thus enriching the talent pool within the industry.

Additionally, ICM has successfully convened annual member gatherings, bringing together over 100 individuals from various member funds to facilitate networking and collective learning. The organization's recruitment efforts have also expanded its network, onboarding more than 20 private capital impact funds, which amplifies its influence in shaping best practices and standards within the impact investing community. Overall, Impact Capital Managers Inc is a crucial catalyst for growth, collaboration, and inclusivity in the impact investing landscape.




This information is meant to be a general summary of Impact Capital Managers 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.

Revenue
$490,514 (2022)
Expenses
$199,022 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $388,181
  • Gross Receipts: $490,514

Assets and Liabilities:

  • Total Assets: $729,772
  • Total Liabilities: $30,564
  • Net Assets: $699,208

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$388,181

Organization Details

Founding Year

2018

Principal Officer

Hope Mago

Main Address

11 WEST 42ND STREET 2 FL, NEW YORK, NY, 10036

NTEE Category

Code: Z99 - Unknown

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