Clt Impact Investors

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

EIN: 863485624 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

Overview

What is Clt Impact Investors?

Clt Impact Investors is a nonprofit organization situated in Charlotte, North Carolina, specifically at 1428 Waverly Ave. Their primary mission is to foster community development by proactively addressing the social and economic needs of low-income individuals and historically underserved communities in Charlotte and its surrounding areas. They achieve this goal by providing financing or investing in affordable housing and offering seed and growth capital to minority-owned businesses. By doing so, Clt Impact Investors aims to uplift these communities and provide opportunities for economic advancement.


Official website here: www.cltimpact.com

Is Clt Impact Investors legitimate?

Clt Impact Investors is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clt Impact Investors 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.cltimpact.com

What is the mission statement of Clt Impact Investors?

Clt Impact Investors is committed to promoting community development. They aim to improve the social and economic needs of low-income individuals and historically underserved communities by investing in affordable housing and providing seed and growth capital to minority-owned businesses. The organization's mission is to contribute positively to these communities, fostering economic growth and social equity. By financing and investing in these sectors, Clt Impact Investors strives to create opportunities for underrepresented groups, ultimately contributing to the betterment of the community as a whole.


Official website here: www.cltimpact.com

Who is the CEO of Clt Impact Investors?

Matthew Magan is the President of Clt Impact Investors.


Official website here: www.cltimpact.com

What is the revenue of Clt Impact Investors?

Clt Impact Investors's revenue in 2022 was $596,707.


Official website here: www.cltimpact.com

Who are the executives of Clt Impact Investors and what are their salaries?

Here are 5 key members and their salaries:

    David Sheffer (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Magan (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Collins (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Curtis Griner (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lindsey Jackson (Chief Tax Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cltimpact.com

    Where can I find the form 990 for Clt Impact Investors?

    The Clt Impact Investors’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cltimpact.com

    Learn more at the official website: www.cltimpact.com

    Mission Statement of Clt Impact Investors

    Clt Impact Investors, an organization with a mission to promote community development, aims to purposefully enhance the social and economic needs of low-income individuals and historically underserved communities. They achieve this objective by financing or investing in affordable housing and providing seed and growth capital to minority-owned businesses. By doing so, Clt Impact Investors plays a pivotal role in empowering these communities, fostering economic growth, and creating opportunities for underrepresented entrepreneurs.

    Impact

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




    Wednesday, July 24, 2024

    Clt Impact Investors is making a significant impact in Charlotte, NC, and surrounding areas by promoting community development and improving the social and economic well-being of low-income individuals and historically underserved communities. Through their investments in affordable housing and provision of seed and growth capital to minority-owned businesses, they are actively addressing the needs of marginalized communities and fostering economic empowerment. Their commitment to community improvement is evident in their efforts to create sustainable and positive change in the region.





    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: $6,707
  • Program Service Revenue: $0
  • Gross Receipts: $596,707

    • Assets and Liabilities:
  • Total Assets: $1,047,088
  • Total Liabilities: $0
  • Net Assets: $1,047,088
  • Organization Details

    Founding Year

    2021

    Principal Officer

    Matthew Magan

    Main Address

    1428 WAVERLY AVE, CHARLOTTE, NC, 28203

    NTEE Category

    Code: S31 - Community improvement

    If you are a representative of Clt Impact Investors 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.