Community Vision Capital & Consulting
Community Vision Capital & Consulting
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About this organization
Mission
We promote economic justice and alleviate poverty by increasing the financial resilience and sustainability of community-based nonprofits and enterprises. Through flexible financial products and sound advice, we create opportunities to make socially responsible investments that revitalize Northern and Central California communities.
About
Direct lending: Since 1987, Community Vision has made 518 loans totaling $219 million to nonprofits and social enterprises serving low-income communities in Northern California, leveraging over $1.8 billion in additional project funding. These loans have helped create or preserve 7,519 affordable housing units for low-income families and individuals, and financed over 2.8 million square feet of neighborhood-serving nonprofit and retail space. These loans have also helped create or preserve 20,315 permanent and construction jobs, and helped finance projects by organizations that serve over 1.4 million individuals. At the end of FY19, Community Vision managed a portfolio of 102 loans worth $66.8 million to 90 organizations. During the course of FY19, Community Vision closed 37 loans totaling $26.8 million.
Interesting data from their 2020 990 filing
According to the filing documents, the non-profit's mission is defined as “Community vision capital & consulting promotes economic justice and alleviates poverty by increasing the financial resilience and sustainability of community-based nonprofits and enterprises. through flexible financial products and sound advice, we create opportunities to make socially responsible investments that revitalize northern california communities.”.
When referring to its tasks, they were referred to as: “Providing financing and financial expertise to strengthen low-income communities.”.
- The non-profit's state of operation has been legally reported as CA.
- According to the latest filing, the non-profit's address in 2020 is 870 MARKET STREET NO 677, SAN FRANCISCO, CA, 94102.
- The total number of employees reported by the non-profit on their form for 2020 is 43.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $3,677,732.
- The organization has 10 independent voting members.
- The organization was formed in 1987.
- The organization pays $5,183,011 in salary, compensation, and benefits to its employees.
- The organization pays $458,111 in fundraising expenses.