IMPACT CAPITAL
AI Summary
IMPACT CAPITAL is a Community Development Financial Institution (CDFI) focused on enhancing community development through strategic loans to organizations, tribal entities, and housing authorities. With an operating budget of $1.8 million and total revenue of $1.4 million for the 2024 filing year, the organization aims to transform distressed neighborhoods into healthy, vibrant communities by supporting affordable housing, cultural centers, and commercial districts. Notably, IMPACT CAPITAL does not rely on a single funder for 50% or more of its revenue. For more information, visit www.impactcapital.org.
Mission Statement
IMPACT CAPITAL IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION THAT MAKES STRATEGIC LOANS TO ORGANIZATIONS, TRIBAL ENTITIES, AND HOUSING AUTHORITIES TO SPUR COMMUNITY DEVELOPMENT INCLUDING AFFORDABLE HOUSING, ART AND CULTURAL CENTERS, COMMUNITY FACILITIES, AND VIBRANT COMMERCIAL DISTRICTS. OUR WORK TRANSFORMS DISTRESSED COMMUNITIES AND NEIGHBORHOODS INTO HEALTHY ONES - GOOD PLACES TO LIVE, WORK, DO BUSINESS, AND RAISE FAMILIES.
Cause Areas
2
Community improvement
Financial services
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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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Frequently Asked Questions
What is IMPACT CAPITAL’s budget?
In 2024, IMPACT CAPITAL reported an annual operating budget of around $1.8 million. More detailed financial information is available to registered users.
What causes does IMPACT CAPITAL support?
IMPACT CAPITAL supports work in Community improvement and Financial services.
Where does IMPACT CAPITAL operate?
IMPACT CAPITAL is headquartered in Seattle, WA.
Who funded IMPACT CAPITAL recently?
In 2022, IMPACT CAPITAL received grants from WASHINGTON FEDERAL FOUNDATION, Wells Fargo Foundation, and CREDIT UNIONS IN THE STATE OF WASHINGTON. More information on this organization’s funders is available to registered users.
What is the largest grant IMPACT CAPITAL received in 2022?
The largest grant to IMPACT CAPITAL in 2022 exceeds $5,000.