Overview
What is Community Vision Capital & Consulting?
Community Vision Capital & Consulting is a San Francisco-based nonprofit organization that has been providing financing and financial expertise to strengthen low-income communities since 1987. With over 50 employees, they have made 604 loans totaling $270 million to nonprofits and social enterprises in Northern and Central California. These loans have contributed to creating or preserving 7,918 affordable housing units, 4.5 million square feet of neighborhood-serving commercial and residential space, and 23,967 permanent and construction jobs. Community Vision Capital & Consulting's mission promotes economic justice and alleviates poverty by increasing the financial resilience and sustainability of community-based nonprofits and enterprises. They offer flexible financial products and sound advice to facilitate socially responsible investments, revitalizing Northern California communities.
Official website here: www.communityvisionca.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
Community Vision Capital & Consulting has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. With an overall score of 84%, the organization demonstrates a strong commitment to transparency and responsible financial management, highlighted by an impressive program expense ratio of 86.62%.
The charity excels particularly in its Culture & Community score, which is 95%. This indicates a strong focus on incorporating feedback from the community and using it effectively to inform practices and policies. The organization boasts a high percentage of independent board members, ensuring governance is conducted with minimal conflicts of interest.
However, the accountability and finance score of 81 suggests there is room for improvement. While the organization has robust policies in place for conflict of interest and whistleblower protections, continuous efforts to enhance financial transparency and management practices could further elevate its operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Community Vision Capital & Consulting legitimate?
Community Vision Capital & Consulting is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Vision Capital & Consulting 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: $545,448
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,616,778
For more financial information, click here
Official website here: www.communityvisionca.org/
What is the mission statement of Community Vision Capital & Consulting?
Community Vision Capital & Consulting is dedicated to fostering economic justice and reducing poverty by enhancing the financial resilience and sustainability of community-focused nonprofits and enterprises. By offering flexible financial products and prudent advice, they enable responsible investments that breathe new life into economically disadvantaged areas in northern California.
Official website here: www.communityvisionca.org/
Who is the CEO of Community Vision Capital & Consulting?
Catherine Howard is the President of Community Vision Capital & Consulting.
Official website here: www.communityvisionca.org/
What is the revenue of Community Vision Capital & Consulting?
Community Vision Capital & Consulting's revenue in 2022 was $13,288,785.
Official website here: www.communityvisionca.org/
Who are the executives of Community Vision Capital & Consulting and what are their salaries?
The average compensation at Community Vision Capital & Consulting during 2022 was $103,245. There are 50 employees and 21 volunteers at Community Vision Capital & Consulting.
Here are 19 key members and their salaries:
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- Compensation: $171,708
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- Other: $20,451
- Compensation: $154,777
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- Compensation: $161,387
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- Other: $15,395
- Compensation: $149,535
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- Other: $19,654
- Compensation: $144,676
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- Other: $21,164
- Compensation: $134,500
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- Other: $19,719
Official website here: www.communityvisionca.org/
Where can I find the form 990 for Community Vision Capital & Consulting?
Community Vision Capital & Consulting's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.communityvisionca.org/
Learn more at the official website: www.communityvisionca.org/
Mission Statement of Community Vision Capital & Consulting
Community Vision Capital & Consulting is a mission-driven organization that champions economic justice and works towards alleviating poverty by fortifying the financial resilience and sustainability of community-based nonprofits and enterprises. By offering flexible financial products and prudent advice, this organization creates prospects for socially responsible investments that rejuvenate northern California communities.
Community Vision Capital & Consulting's primary objective is to empower low-income communities by ensuring the financial stability of the nonprofits and enterprises that serve them. Through their innovative financial solutions and expert guidance, they foster an environment where these organizations can thrive and make a tangible difference in the lives of the people they serve. The organization's commitment to socially responsible investing helps breathe new life into northern California communities.
In simpler terms, Community Vision Capital & Consulting is a catalyst for positive change in northern California. By providing financial support and advice to community-based nonprofits and enterprises, they are able to help these organizations overcome financial challenges and, in turn, make a significant impact on the communities they serve. With a focus on economic justice and poverty alleviation, this organization is dedicated to creating opportunities for sustainable growth and long-term success.
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Impact
October, 2024
Community Vision Capital & Consulting significantly impacts low-income communities by providing financing and financial expertise aimed at strengthening their economic foundations. Since its inception in 1987, it has issued 604 loans totaling $270 million, directly supporting community development initiatives. These financial resources have been instrumental in creating or preserving 7,918 affordable housing units, addressing critical housing needs for families and individuals.
Moreover, the organization has contributed to the development of over 4.5 million square feet of commercial and residential space, fostering local economies and enhancing community infrastructure. The effects of these investments extend further, resulting in the creation or preservation of approximately 23,967 jobs—both permanent and construction positions—thereby boosting employment opportunities within these neighborhoods.
In addition to direct financial support, Community Vision has helped finance projects by organizations that collectively serve more than 1.6 million individuals, amplifying its reach and influence. As of FY22, the organization managed a portfolio of 96 loans valued at $69 million and closed 41 new loans amounting to $21 million, demonstrating ongoing commitment to fostering economic justice and alleviating poverty through innovative financial solutions. By leveraging over $1.9 billion in additional project funding, Community Vision continues to create pathways for socially responsible investments that revitalize and empower Northern California communities.
This information is meant to be a general summary of Community Vision Capital & Consulting. 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.
- Investment Income: $979,075
- Program Service Revenue: $5,084,298
- Gross Receipts: $18,688,090
Assets and Liabilities:
- Total Assets: $119,686,017
- Total Liabilities: $82,179,276
- Net Assets: $37,506,741
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON COMMUNITY LOANS
Revenue
$3,203,755
LOAN FEES/NMTC FEES
Revenue
$948,670
CONSULTING AND FISCAL AGENT FEES
Revenue
$931,873
Organization Details
Founding Year
1987
Phone
(415) 392-8215Principal Officer
Catherine Howard
Main Address
870 MARKET STREET 677, SAN FRANCISCO, CA, 94102
Website
www.communityvisionca.org/NTEE Category
Code: S200 - Community improvement
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