Capital for Change Inc.
Capital for Change Inc.
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About this organization
Mission
To provide responsive financial services for inclusive & sustainable communities.
About
Covering all of Connecticut, C4C is a community development financial institution (CDFI) approved by the US Treasury to provide a variety of financial services to consumers, nonprofits, businesses, and public institutions. Institutional as well as private social impact investors trust C4C with their funds because of how well we manage risk and the results we deliver over 7,000 affordable housing units, thousands of jobs and significant CO2 reduction. C4C's financial base of $120 million in assets in 2019 has enabled thousands of loans for consumer and commercial housing and energy efficiency improvements this year alone. C4C also has decades of experience in loan servicing for state and municipal public institutions, in particular for energy efficiency loan programs. See www.capitalforchange.org for more details
Interesting data from their 2020 990 filing
The filing outlines the non-profit's goal as “Together with its partners, capital for change (c4c) aims for more stability, well-being, and environmentally conscious development for low-moderate income individuals and communities through its responsive financial services and products.”.
When explaining its purpose, the activities were outlined as: “To provide responsive financial services for inclusive & sustainable communities.”.
- As per legal reporting requirements, the state of operation for the non-profit is CT.
- The non-profit's address for 2020 is listed as 10 ALEXANDER DRIVE, WALLINGFORD, CT, 06492 in the filing.
- As per the non-profit's form, they have 51 employees as of 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$550,245.
- The organization has 12 independent voting members.
- The organization was formed in 1968.
- The organization pays $3,549,025 in salary, compensation, and benefits to its employees.
- The organization pays $203,689 in fundraising expenses.
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