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Community Development Bankers Association

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

EIN: 731688515 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is Community Development Bankers Association?

The Community Development Bankers Association, located in Washington D.C., is a nonprofit organization dedicated to supporting and educating financial institutions, socially motivated investors, and community development banks. Their primary mission is to aid in the rebuilding of low-income communities by addressing their credit and financial service needs. The association accomplishes this by hosting peer forums and providing educational materials, ensuring that its member organizations have access to federal resources and funding to further their community development missions.


Official website here: www.cdbanks.org

Is Community Development Bankers Association legitimate?

Community Development Bankers Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Development Bankers Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cdbanks.org

What is the mission statement of Community Development Bankers Association?

The Community Development Bankers Association's mission is centered around rebuilding low-income communities. To achieve this, the organization focuses on educating the financial services industry, which includes socially motivated investors and community development banks, about the credit and financial service needs of these communities. By doing so, they aim to contribute to the revitalization of these communities. The Association accomplishes this by hosting peer forums and providing educational materials to its member organizations, informing them about available federal resources and funding that can aid in their specific community development missions.


Official website here: www.cdbanks.org

Who is the CEO of Community Development Bankers Association?

Jeannine Jacokes is the Chair of Community Development Bankers Association.


Official website here: www.cdbanks.org

What is the revenue of Community Development Bankers Association?

Community Development Bankers Association's revenue in 2022 was $1,256,870.


Official website here: www.cdbanks.org

Who are the executives of Community Development Bankers Association and what are their salaries?

Here are 15 key members and their salaries:

    Kent Curtis (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Darrin Williams (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Max Yates (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Patrick Cooper (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Argrett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Demetris Giannoulias (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rebecca Hoeft (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert James Ii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hope Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dominik Mjartan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carlos Naudon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Ogaard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Pugh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kat Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cdbanks.org

    Where can I find the form 990 for Community Development Bankers Association?

    The Community Development Bankers Association’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cdbanks.org

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

    Mission Statement of Community Development Bankers Association

    The Community Development Bankers Association (CDBA) is committed to rebuilding low-income communities by enlightening the financial services sector, including socially motivated investors and community development banks, about the credit and financial service requirements of these communities. The organization's mission is to bridge the gap between the financial needs of these communities and the resources available to meet those needs. CDBA achieves this objective by hosting peer forums and supplying educational materials to its member organizations. These resources help these organizations better understand and utilize federal resources and funding to further their specific community development missions.

    Impact

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




    Saturday, July 20, 2024

    The Community Development Bankers Association plays a crucial role in furthering the rebuilding of low-income communities by educating the financial services industry, socially motivated investors, and community development banks on the credit and financial service needs of these communities. Through hosting peer forums and providing educational materials, CDBA equips its member organizations with knowledge on available federal resources and funding opportunities to help them advance their specific community development missions. This impact contributes directly to the improvement of communities in need, fostering economic development and financial inclusion.





    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: $1,815
  • Program Service Revenue: $246,274
  • Gross Receipts: $1,256,870

    • Assets and Liabilities:
  • Total Assets: $1,676,813
  • Total Liabilities: $613,503
  • Net Assets: $1,063,310
  • Programs

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

    PEER FORUM SPONSORSHIP

    Revenue

    $161,000

    PEER FORUM ATTENDANCE

    Revenue

    $85,274

    Organization Details

    Founding Year

    2001

    Principal Officer

    Jeannine Jacokes

    Main Address

    1201 15TH STREET NW SUITE 200, WASHINGTON, DC, 20005

    NTEE Category

    Code: S41 - Community improvement

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