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Capital Area Asset Building Corp

Capital Area Asset Building Corp

Washington, DC 20005
Tax ID52-2002672

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Amount

$USD
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About this organization

Revenue

$2,355,562

Expenses

$2,549,321

Website

caab.org

Mission

The mission of the Capital Area Asset Builders (CAAB) is to create opportunities for low- and moderate-income individuals in the greater DC region to build financial security, savings, and wealth for the future.

About

Savings programs - CAAB encourages people to save money through its savings programs. These programs are offered to eligible participants who meet program guidelines. The program is a way for individuals to save money and invest in their future or the future of their family and youth. Use of funds can be for home purchase, small business, education, and children savings accounts as well as medical and burial expenses.

Interesting data from their 2020 990 filing

From their filing, the objective of the non-profit is stated as “To create opportunities for low- and moderate-income individuals in the greater dc region to build financial security, savings, and wealth for the future.”.

When talking about its functions, they were outlined as: “Empower low to moderate-income individuals in the washington metro region to achieve prosperity.”.

  • The legally reported state of operation for the non-profit is DC.
  • According to the filing, the non-profit's address in 2020 is 1100 H STREET NW NO 200, WASHINGTON, DC, 20005.
  • The non-profit organization as of 2020 has a total of 12 employees reported on their form.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$193,759.
  • The organization has 12 independent voting members.
  • The organization was formed in 1996.
  • The organization pays $1,071,967 in salary, compensation, and benefits to its employees.
  • The organization pays $63,760 in fundraising expenses.

Additional Non-Profits in the area

By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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