Overview

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Est.

2022

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Multifamily Impact Council (EIN: 88-0844004) is a nonprofit organization dedicated to establishing and maintaining multifamily impact investments as a recognized asset class to enhance the flow of impact capital into affordable and sustainable rental housing in the United States. With an operating budget of $553K and total revenue of $794.3K for the 2024 filing year, the organization relies on multiple funders, none of which contribute over 50% of its revenue. More information can be found on their website at https://multifamilyimpactcouncil.org/.

Mission Statement

THE MULTIFAMILY IMPACT COUNCIL WORKS TO ESTABLISH AND MAINTAIN MULTIFAMILY IMPACT INVESTMENTS AS A CREDIBLE, WIDELY ACCEPTED ASSET CLASS TO HELP INCREASE GLOBAL IMPACT CAPITAL FLOW INTO AFFORDABLE AND SUSTAINABLE RENTAL HOUSING IN THE UNITED STATES.
Revenues
$794.3K
Expenses
$638K
Net Income:
+$156.3K
Assets
$290.6K
Liabilities
$120.8K
Net Assets:
+$169.8K
Operating Budget
$553K
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
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$6.3K
Largest grant received
$7.5K
A
Amanda Nunnink
Board Member
T
Thom Amdur
Board Member
B
Bob Simpson
Board Member

Frequently Asked Questions

What is THE MULTIFAMILY IMPACT COUNCIL’s budget?
In 2024, THE MULTIFAMILY IMPACT COUNCIL reported an annual operating budget of around $553 thousand. More detailed financial information is available to registered users.
What causes does THE MULTIFAMILY IMPACT COUNCIL support?
THE MULTIFAMILY IMPACT COUNCIL supports work in Shelter and residential care.
Where does THE MULTIFAMILY IMPACT COUNCIL operate?
THE MULTIFAMILY IMPACT COUNCIL is headquartered in Sioux Falls, SD.
Who funded THE MULTIFAMILY IMPACT COUNCIL recently?
In 2024, THE MULTIFAMILY IMPACT COUNCIL received grants from CENTER FOR ACTIVE DESIGN INC, CONNECTED COMMUNITIES FOUNDATION INC, and CENTER FOR ACTIVE DESIGN INC. More information on this organization’s funders is available to registered users.
What is the largest grant THE MULTIFAMILY IMPACT COUNCIL received in 2024?
The largest grant to THE MULTIFAMILY IMPACT COUNCIL in 2024 exceeds $7,500.