Overview

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Est.

1995

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Community Development Venture Capital Alliance (CDVCA) is a national network dedicated to the community development venture capital industry, focusing on urban development. With an operating budget of $2.8 million and total revenue of $7.5 million for the 2024 filing year, CDVCA promotes the use of flexible equity risk capital to support business growth, create jobs, and enhance the economic conditions of low-income individuals and distressed communities. The organization does not rely on a single funder for 50% or more of its revenue. For more information, visit their website at www.cdvca.org.

Mission Statement

THE COMMUNITY DEVELOPMENT VENTURE CAPTIAL ALLIACE (CDVCA) IS THE NETWORK OF THE COMMUNITY DEVLEOPMENT VENTURE CAPTIAL INDUSTRY. CDVCA PROMOTES THE AVAILABILITY AND USE OF FLEXIBLE EQUITY RISK CAPITAL TO FUEL BUSINESSES GROWTH TO CREATE GOOD JOBS, PRODUCTIVE WEALTH, AND ENTREPRENEURIAL CAPACITY THAT ADVANCE THE LIVELIHOODS OF LOW-INCOME PEOPLE AND THE ECONOMIES OF DISTRESSED COMMUNITIES. CDVCA IS THE NATIONAL NETWORK AND FIELD-BUILDING ORGANIZATION OF THE COMMUNITY DEVELOPMENT VENTURE CAPITAL INDUSTRY.
Revenues
$7.5M
Expenses
$2.8M
Net Income:
+$4.7M
Assets
$22.6M
Liabilities
$1.6M
Net Assets:
+$21M
Operating Budget
$2.8M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$350K
Largest grant received
$350K
K
Kerwin Tesdell
Board Member
A
Alexandria Harris
Board Member
A
Alan Bernstein
Board Member

Frequently Asked Questions

What is COMMUNITY DEVELOPMENT VENTURE CAPITAL ALLIANCE’s budget?
In 2024, COMMUNITY DEVELOPMENT VENTURE CAPITAL ALLIANCE reported an annual operating budget of around $2.8 million. More detailed financial information is available to registered users.
What causes does COMMUNITY DEVELOPMENT VENTURE CAPITAL ALLIANCE support?
COMMUNITY DEVELOPMENT VENTURE CAPITAL ALLIANCE supports work in Urban development.
Where does COMMUNITY DEVELOPMENT VENTURE CAPITAL ALLIANCE operate?
COMMUNITY DEVELOPMENT VENTURE CAPITAL ALLIANCE is headquartered in New York, NY.
Who funded COMMUNITY DEVELOPMENT VENTURE CAPITAL ALLIANCE recently?
In 2025, COMMUNITY DEVELOPMENT VENTURE CAPITAL ALLIANCE received grants from THE DISABILITY FUND INC, WK Kellogg Foundation, and THE FORD FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant COMMUNITY DEVELOPMENT VENTURE CAPITAL ALLIANCE received in 2018?
The largest grant to COMMUNITY DEVELOPMENT VENTURE CAPITAL ALLIANCE in 2018 exceeds $350 thousand.
What is COMMUNITY DEVELOPMENT VENTURE CAPITAL ALLIANCE’s reliance on government grants?
COMMUNITY DEVELOPMENT VENTURE CAPITAL ALLIANCE relied on government grants for more than 5% of their total revenue in 2024.