Overview

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Est.

2013

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

ACTS LENDING INC (EIN 46-2986750) is a nonprofit focused on housing search assistance and courts, with a mission of “empowerment through homeownership.” In filing year 2024, it reported an operating budget of $690.8K and total revenue of $9.7M, and its listed top funders include ACTS COMMUNITY DEVELOPMENT CORPORATION and SCHOENLEBER FOUNDATION INC.

Mission Statement

ACTS LENDING'S MISSION IS EMPOWERMENT THROUGH HOMEOWNERSHIP.
Revenues
$9.7M
Expenses
$690.8K
Net Income:
+$9M
Assets
$19.5M
Liabilities
$6M
Net Assets:
+$13.5M
Operating Budget
$690.8K
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
$9.2M
Largest grant received
$9.2M
M
Michael Gosman
Board Member
O
Oscar Tovar
Board Member
A
Anthony Franda
Board Member
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  • 3 funders
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Frequently Asked Questions

What is ACTS LENDING INC’s budget?
In 2024, ACTS LENDING INC reported an annual operating budget of around $691 thousand. More detailed financial information is available to registered users.
What causes does ACTS LENDING INC support?
ACTS LENDING INC supports work in Courts and Housing search assistance.
Where does ACTS LENDING INC operate?
ACTS LENDING INC is headquartered in Milwaukee, WI.
Who funded ACTS LENDING INC recently?
In 2024, ACTS LENDING INC received grants from ACTS COMMUNITY DEVELOPMENT CORPORATION, ACTS COMMUNITY DEVELOPMENT CORPORATION, and ACTS COMMUNITY DEVELOPMENT CORPORATION. More information on this organization’s funders is available to registered users.
What is the largest grant ACTS LENDING INC received in 2024?
The largest grant to ACTS LENDING INC in 2024 exceeds $9.2 million.
What is ACTS LENDING INC’s reliance on government grants?
ACTS LENDING INC relied on government grants for less than 5% of their total revenue in 2024.