Overview
What is Community Credit Lab?
Community Credit Lab is a nonprofit organization situated in Seattle, Washington, specifically at 450 Alaskan Way South Suite 200. Their primary aim is to design and manage affordable lending programs that help bridge economic inequality for communities that have historically faced discrimination, such as immigrants, refugees, low-income individuals, marginalized groups, and underserved communities in King County and across the United States. By supporting equitable access to economic opportunities, Community Credit Lab works towards fostering a more inclusive financial landscape. With a team of five dedicated individuals, they strive to empower these communities and contribute to financial equality.
Official website here: www.communitycreditlab.org
Is Community Credit Lab legitimate?
Community Credit Lab is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Credit Lab 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
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Official website here: www.communitycreditlab.org
What is the mission statement of Community Credit Lab?
The Community Credit Lab is committed to supporting equitable access to economic opportunities for immigrants, refugees, low-income, marginalized, and underserved communities across the United States, with a particular focus on King County. Their mission is achieved through the design and management of affordable lending programs, aiming to increase economic equality for communities that often face discrimination. By doing so, the organization seeks to promote financial inclusion and empower these communities to improve their economic situations.
Official website here: www.communitycreditlab.org
Who is the CEO of Community Credit Lab?
Sandhya Nakhasi is the Board Member/President of Community Credit Lab.
Official website here: www.communitycreditlab.org
What is the revenue of Community Credit Lab?
Community Credit Lab's revenue in 2022 was $1,003,534.
Official website here: www.communitycreditlab.org
Who are the executives of Community Credit Lab and what are their salaries?
Here are 4 key members and their salaries:
- Sandhya Nakhasi (Board Member/President) [Trustee/Director]
- Ryan Glasgo (Board Member/Treasurer) [Trustee/Director]
- Rodney Foxworth (Board Member/Vice President) [Trustee/Director]
- Vivienne Lee (Board Member/Secretary) [Trustee/Director]
Official website here: www.communitycreditlab.org
Where can I find the form 990 for Community Credit Lab?
The Community Credit Lab’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.communitycreditlab.org
Learn more at the official website: www.communitycreditlab.org
Mission Statement of Community Credit Lab
Community Credit Lab, as a nonprofit organization, is committed to promoting equitable access to economic opportunities for immigrants, refugees, low-income, marginalized, and underserved communities across the United States, with a specific focus on King County. Their mission is centered around this objective, aiming to break down barriers and level the playing field for these communities that have historically faced discrimination.
In pursuit of this mission, Community Credit Lab designs and manages affordable lending programs. These programs are instrumental in increasing economic equality within these communities. By providing access to credit and financial resources, they empower individuals to build wealth, invest in their futures, and ultimately, contribute to a more equitable society. This approach not only strengthens the financial stability of the individuals involved but also bolsters the economic resilience of the communities they serve.
Impact
This information is meant to be a general summary of Community Credit Lab. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Community Credit Lab's impact can be seen in its efforts to support equitable access to economic opportunities for immigrants, refugees, low-income, marginalized, and underserved communities in King County and the United States. Through the design and management of affordable lending programs, Community Credit Lab aims to increase economic equality for communities facing discrimination. These initiatives play a vital role in fostering financial inclusion and empowerment among those who have historically been marginalized or underserved in the financial sector. By addressing these barriers to economic advancement, Community Credit Lab contributes to creating a more just and equitable society for all.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2019
Phone
(253) 693-0009
Principal Officer
Sandhya Nakhasi
Main Address
450 ALASKAN WAY SOUTH SUITE 200, SEATTLE, WA, 981042785
Website
www.communitycreditlab.org
NTEE Category
Code: P99 - Human services
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