National Community Reinvestment Coalition Community Devt Fund
National Community Reinvestment Coalition Community Devt Fund
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About this organization
Revenue
$401,182
Expenses
$418,619
Mission
To be a lender & provide credit to low and moderate income individuals, families, and businesses.
About
The NCRC Community Development Fund is a non-profit that measures the success of its investments by financial return and positive social impact, in its markets across the United States, serving women and minority-owned businesses, and affordable housing and home ownership. To date, NCRC-CDFI has directly lent more than $400,000 to women, minority, and low income owned businesses in the District of Columbia Metropolitan Statistical Area. NCRC CDFI also have provided loans to rehab or develop over 350 homes primarily in low to moderate income census tracts or for low to moderate income persons.
Interesting data from their 2020 990 filing
The non-profit's aim, as stated in the filing, is “To act as a lending institution to low and moderate income individualsand families and to provide credit to low income individuals and businesses.”.
When referring to its actions, they were outlined as: “To be a lender & provide credit to low and moderate income individuals, families, and businesses.”.
- The non-profit has complied with legal obligations by reporting their state of operation as DC.
- The non-profit's address in 2020 is noted in the filing as 740 15TH STREET NW NO 400, WASHINGTON, DC, 20005.
- The non-profit's form for 2020 reports a total of 0 employees.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is -$17,437.
- The organization has 5 independent voting members.
- The organization was formed in 2007.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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