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Community Investment Collaborative

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 454105820 ✦ Charlottesville, VA ✦ Designated as a 501(c)(3)

Overview

What is Community Investment Collaborative?

Community Investment Collaborative is a dedicated nonprofit organization aiming to bolster its community and promote economic growth. They achieve this by empowering under-resourced entrepreneurs, providing them with essential tools such as education, mentoring, micro-lending, and networking opportunities. This micro enterprise development program serves as a lifeline for entrepreneurs who often struggle to secure funding from traditional sources. The Collaborative's mission is to strengthen the community and enhance economic development, contributing to a more prosperous and inclusive society.


Official website here: www.cicville.org

Is Community Investment Collaborative legitimate?

Community Investment Collaborative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Investment Collaborative 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: $125,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $657,794

For more financial information, click here


Official website here: www.cicville.org

What is the mission statement of Community Investment Collaborative?

The Community Investment Collaborative is committed to strengthening the community and promoting economic development. They achieve this by empowering under-resourced entrepreneurs. This is done through various means, including education, mentoring, micro-lending, and networking. The organization serves as a micro enterprise development program, offering support to entrepreneurs who may not have access to traditional funding sources. By fostering the success of these entrepreneurs, the Community Investment Collaborative contributes to the overall growth and prosperity of the community.


Official website here: www.cicville.org

Who is the CEO of Community Investment Collaborative?

Stephen Davis is the Chair of Community Investment Collaborative.


Official website here: www.cicville.org

What is the revenue of Community Investment Collaborative?

Community Investment Collaborative's revenue in 2022 was $2,244,096.


Official website here: www.cicville.org

Who are the executives of Community Investment Collaborative and what are their salaries?

The average compensation at Community Investment Collaborative during 2022 was $55,914. There are 14 employees and 100 volunteers at Community Investment Collaborative.

Here are 13 key members and their salaries:

    Stephen Davis (President)
  • Compensation: $125,000
  • Related: $0
  • Other: $0

    • Sara Clayborne (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Urpi (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Danielle Hopkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lee Elberson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Natasha Gray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shea Graham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Delores Roberts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Juandiego Wade (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • S Lisa Herndon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Schuyler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Willingham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Becton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cicville.org

    Where can I find the form 990 for Community Investment Collaborative?

    The Community Investment Collaborative’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cicville.org

    Learn more at the official website: www.cicville.org

    Mission Statement of Community Investment Collaborative

    Community Investment Collaborative, a mission-driven organization, aims to bolster its community and promote economic growth by empowering under-resourced entrepreneurs. They achieve this by offering a multifaceted approach that includes education, mentorship, micro-lending, and networking opportunities. By providing these essential resources, the Collaborative bridges the gap for entrepreneurs who often struggle to secure funding from traditional sources. In essence, Community Investment Collaborative serves as a catalyst for the success of underserved entrepreneurs, ultimately contributing to the strength and development of their community.

    Impact

    This information is meant to be a general summary of Community Investment Collaborative. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Community Investment Collaborative's impact can be seen in the strengthening of our community and the contribution to economic development through the success of under-resourced entrepreneurs. By providing education, mentoring, micro-lending, and networking opportunities, Community Investment Collaborative supports underserved entrepreneurs who may not have access to traditional funding sources. Through these efforts, Community Investment Collaborative plays a vital role in fueling the growth and success of these entrepreneurs, ultimately fostering economic empowerment and community improvement.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,319
  • Program Service Revenue: $254,535
  • Gross Receipts: $2,244,096

    • Assets and Liabilities:
  • Total Assets: $2,566,394
  • Total Liabilities: $348,511
  • Net Assets: $2,217,883
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    LOAN INTEREST AND FEES

    Revenue

    $227,617

    TUITION REVENUE

    Revenue

    $16,078

    ENTREPRENEUR

    Revenue

    $10,840

    Organization Details

    Founding Year

    2012

    Principal Officer

    Stephen Davis

    Main Address

    PO BOX 2976, CHARLOTTESVILLE, VA, 22902

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of Community Investment Collaborative and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.