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Cba Fund

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

EIN: 824272195 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is Cba Fund?

Cba Fund is a nonprofit organization, headquartered in Washington D.C., dedicated to boosting the capabilities of other nonprofits. Its primary mission is to assist such organizations in offering or improving affordable small-dollar consumer loans and credit-building products to individuals with modest incomes. By providing loan capital and small operating grants, Cba Fund aims to expand the reach and impact of these initiatives, ultimately promoting financial stability and inclusion within the communities they serve.


Official website here: www.creditbuildersalliance.org

Is Cba Fund legitimate?

Cba Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cba Fund 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: $102,463
Professional Fundraising Fees: $0
Other Salaries and Wages: $214,218

For more financial information, click here


Official website here: www.creditbuildersalliance.org

What is the mission statement of Cba Fund?

CBA Fund is a nonprofit organization, established under District of Columbia laws, with a mission to expand the capacity of other nonprofits that offer safe and affordable small-dollar consumer loans and credit building products to low and moderate-income individuals. By providing loan capital and small operating grants, CBA Fund assists nonprofits interested in adding a new consumer loan to their portfolio or expanding and improving an existing one. The ultimate goal is to enhance financial stability and credit building opportunities for individuals who might not have access to such services otherwise.


Official website here: www.creditbuildersalliance.org

Who is the CEO of Cba Fund?

Dara Duguay is the Chair of Cba Fund. The CEO's salary of Cba Fund is $50,739 and their total compensation is $188,280.


Official website here: www.creditbuildersalliance.org

What is the revenue of Cba Fund?

Cba Fund's revenue in 2022 was $1,343,390.


Official website here: www.creditbuildersalliance.org

Who are the executives of Cba Fund and what are their salaries?

Here are 20 key members and their salaries (Cba Fund's CEO's salary is $50,739 and their total compensation is $188,280):

    Dara Duguay (Ceo)
  • Compensation: $50,739
  • Related: $118,390
  • Other: $19,151

    • Julia Gazizova (Sr Director,)
  • Compensation: $32,435
  • Related: $32,435
  • Other: $6,532

    • Mariana Ippolito - Outgoing (Cfo)
  • Compensation: $11,893
  • Related: $11,894
  • Other: $1,097

    • Jack Brummel (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Kevin Fryatt (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeanne Hogarth (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donovan Duncan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yanki Tshering (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chuck Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Morgan Spears (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Valecia Quinn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dwayne Keys (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cindy Logsdon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shawna Collier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Holly Frindell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Isis Salmeron - Outgoing (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Celina Pena - Outgoing (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Dabson - Outgoing (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Fisher - Outgoing (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.creditbuildersalliance.org

    Where can I find the form 990 for Cba Fund?

    The Cba Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.creditbuildersalliance.org

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

    Mission Statement of Cba Fund

    Cba Fund, a nonprofit corporation, is dedicated to expanding the capacity of organizations that offer safe and affordable small dollar consumer loans and credit building products to individuals with lower and moderate incomes. The mission of Cba Fund is to support these nonprofits by providing them with loan capital and small operating grants. This allows these organizations to either introduce a new consumer loan to their existing portfolio or enhance and improve an existing one. By doing so, Cba Fund aims to increase financial accessibility and credit-building opportunities for individuals who might otherwise be overlooked by traditional financial institutions.

    Impact

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




    Saturday, July 20, 2024

    Cba Fund's impact lies in expanding the capacity of organizations that provide safe and affordable small-dollar consumer loans and credit-building products to low and moderate-income individuals. By providing loan capital and small operating grants to these organizations, Cba Fund helps them add new consumer loan products to their portfolios or improve existing offerings. Through this support, Cba Fund contributes to enhancing financial inclusion and empowerment among vulnerable communities in need of accessible financial services.





    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: $8,378
  • Program Service Revenue: $35,490
  • Gross Receipts: $1,343,390

    • Assets and Liabilities:
  • Total Assets: $3,861,353
  • Total Liabilities: $438,004
  • Net Assets: $3,423,349
  • Programs

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

    PROGRAM LOAN ORIG FEES & INT

    Revenue

    $35,490

    Organization Details

    Founding Year

    2018

    Principal Officer

    Dara Duguay

    Main Address

    1701 K STREET NW STE 1000, WASHINGTON, DC, 20006

    NTEE Category

    Code: P20 - Human services

    If you are a representative of Cba Fund 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.