Overview

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Est.

2001

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Community Development Bankers Association (EIN: 73-1688515) is dedicated to promoting business and improving communities by educating the financial services industry about the credit and financial service needs of low-income areas. With an operating budget of $1.3 million and total revenue of $1.4 million for the 2024 filing year, the organization relies on a diverse range of funders, with no single source contributing 50% or more of its revenue. More information can be found at www.cdbanks.org.

Mission Statement

THE MISSION OF THE COMMUNITY DEVELOPMENT BANKERS ASSOCIATION IS TO FURTHER THE REBUILDING OF LOW INCOME COMMUNITIES VIA EDUCATING THE FINANCIAL SERVICES INDUSTRY, INCLUDING SOCIALLY MOTIVATED INVESTORS AND COMMUNITY DEVELOPMENT BANKS, IN REGARDS TO THE CREDIT AND FINANCIAL SERVICE NEEDS OF THESE COMMUNITIES.
Revenues
$1.4M
Expenses
$1.3M
Net Income:
+$81K
Assets
$2.3M
Liabilities
$424.5K
Net Assets:
+$1.9M
Operating Budget
$1.3M
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
$10K
Largest grant received
$10K
C
Carlos Naudon
Board Member
D
Dominik Mjartan
Board Member
D
Darrin Williams
Board Member

Frequently Asked Questions

What is COMMUNITY DEVELOPMENT BANKERS ASSOCIATION’s budget?
In 2024, COMMUNITY DEVELOPMENT BANKERS ASSOCIATION reported an annual operating budget of around $1.3 million. More detailed financial information is available to registered users.
What causes does COMMUNITY DEVELOPMENT BANKERS ASSOCIATION support?
COMMUNITY DEVELOPMENT BANKERS ASSOCIATION supports work in Community improvement and Business promotion.
Where does COMMUNITY DEVELOPMENT BANKERS ASSOCIATION operate?
COMMUNITY DEVELOPMENT BANKERS ASSOCIATION is headquartered in Washington, DC.
Who funded COMMUNITY DEVELOPMENT BANKERS ASSOCIATION recently?
In 2023, COMMUNITY DEVELOPMENT BANKERS ASSOCIATION received grants from INDEPENDENT COMMUNITY BANKERS OF AMERICA, TIDES FOUNDATION, and TIDES FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant COMMUNITY DEVELOPMENT BANKERS ASSOCIATION received in 2023?
The largest grant to COMMUNITY DEVELOPMENT BANKERS ASSOCIATION in 2023 exceeds $10 thousand.