Overview
What is African American Alliance Of Cdfi Ceos Inc?
The African American Alliance of CDFIs CEOs Inc is a nonprofit organization located in Orlando, Florida. Their primary mission is to aid and strengthen Black-led Community Development Financial Institutions (CDFIs) nationwide. Established in 2018, the Alliance has grown to include 56 such institutions, all committed to supporting and fostering growth in Black communities and the Black executives leading these CDFIs. Their main objective is to help these organizations expand their capacity and effectiveness, ultimately leading to increased revenues and wealth creation within the African American community. With a small team of just two employees, the Alliance plays a crucial role in empowering and uplifting Black communities through financial institutions.
Is African American Alliance Of Cdfi Ceos Inc legitimate?
African American Alliance Of Cdfi Ceos Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. African American Alliance Of Cdfi Ceos 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: $0
Other Salaries and Wages: $29,853
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Mission Statement of African American Alliance Of Cdfi Ceos Inc
The African American Alliance of CDFIs CEOs Inc is an organization dedicated to serving Black-led Community Development Financial Institutions (CDFIs) nationwide. Established in 2018, this alliance has grown to include 56 Black-led CDFIs, all committed to supporting and empowering Black communities and the executives leading these financial institutions. The primary mission of the African American Alliance of CDFIs CEOs Inc is to assist its member organizations in expanding their capacity and effectiveness. By doing so, the alliance aims to provide marketplace firms with increased revenues, contributing to wealth creation within the African American community. The alliance plays a crucial role in supporting the growth and success of Black-led CDFIs, ultimately benefiting the communities they serve.
Impact
This information is meant to be a general summary of African American Alliance Of Cdfi Ceos Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
The African American Alliance of CDFI CEOs Inc has a significant impact on the support and growth of Black communities across the nation. By bringing together 56 Black-led community development financial institutions (CDFIs), the Alliance is empowering Black executives to lead initiatives that directly benefit their communities. Through capacity building and increased efficacy, the Alliance members are able to expand their reach and impact, ultimately contributing to wealth creation in the African American community. This support not only strengthens the individual CDFIs but also leads to broader community improvement and economic empowerment.
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 2021.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Grant Income
Revenue
$2,863,000
Organization Details
Founding Year
2021
Principal Officer
Victor Elmore
Main Address
301 East Pine ST STE 175, Orlando, FL, 32801
NTEE Category
Code: S01 - Community improvement
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