2026-08-28T10:05:06-05:00 2025-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2025-01-01 824577516 THE COMMUNITY IMPACT FUND COMM 3038008289 9250 E COSTILLA AVE 110 GREENWOOD VILLAGE CO 80112 MICHAEL SCHEID EXECUTIVE DIRECTOR 3038008289 2026-08-26 1 LAUREN DUPLIN CPA P01634456 5083669100 2026-08-26 2025 MICHAEL SCHEID 9250 E COSTILLA AVE 110 GREENWOOD VILLAGE CO 80112 2275736 0 X HTTPS://COMMUNITYIMPACTFUND.ORG X 2018 CO PARTNERING WITH EMPLOYERS TO EMPOWER ALICE INDIVIDUALS TOWARDS FINANCIAL SECURITY. 8 8 9 8 0 0 1659899 1356030 694259 884182 12557 35524 0 0 2366715 2275736 241978 332481 0 0 313938 398378 0 0 34340 862282 1330311 1418198 2061170 948517 214566 3024714 3381216 38465 180401 2986249 3200815 X VISION: EVERYONE HAS A PATH TO FINANCIAL FREEDOM.MISSION: PARTNERING WITH EMPLOYERS TO EMPOWER ALICE INDIVIDUALS TOWARDS FINANCIAL SECURITY. 0 0 1760358 332481 582492 COMMUNITY ASSISTANCE: PROVIDE 0% INTEREST, SMALL-DOLLAR IMPACT LOANS AND LIMITED SMALL-DOLLAR GRANTS TYPICALLY RANGING BETWEEN 500 AND 3,000 TO COMMUNITY MEMBERS FACING FINANCIAL DISTRESS OR POVERTY. THE IMPACT LOAN PROGRAM INCLUDES A COMPLIMENTARY MEMBERSHIP IN CIF'S FINANCIAL EDUCATION PROGRAM. 136500 301690 FINANCIAL EDUCATION: CIF'S FINANCIAL EDUCATION MEMBERSHIP PROVIDES FINANCIAL EDUCATION THROUGH MONTHLY NEWSLETTERS, QUARTERLY WEBINARS, A MEMBER RESOURCE PORTAL, AND ACCESS TO FINANCIAL COACHING. CIF HAS BOTH ORGANIZATIONAL MEMBERS AND NATURAL (INDIVIDUAL) MEMBERS WHO MUST SELF-ENROLL, PAY DUES, AND HOLD VOTING RIGHTS. OTHER INDIVIDUAL MEMBERS RECEIVE COMPLIMENTARY MEMBERSHIPS IF THEY ARE ENGAGED IN OUR COMMUNITY ASSISTANCE IMPACT LOAN PROGRAM. IN ADDITION, CREDIT UNION (CU) ASSOCIATION MEMBERS HAVE THE UNIQUE AUTHORITY TO ENROLL MEMBERS ON CIF'S BEHALF THROUGH A MEMBERSHIP PATHWAY TIED SPECIFICALLY TO THE ASSOCIATION MEMBER CREDIT UNION'S FIELD OF MEMBERSHIP. CU ASSOCIATION MEMBERS PAY ANNUAL DUES TO CIF BASED ON THEIR ASSET SIZE AT THE TIME DUES ARE ASSESSED. THIS ALLOWS THEM TO OFFER COMPLIMENTARY MEMBERSHIPS TO THE INDIVIDUALS AND ORGANIZATIONS THEY ENROLL ON CIF'S BEHALF. ASSOCIATION MEMBERS EACH HOLD ONE VOTE AS MEMBERS OF CIF. 1896858 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CO X THE ORGANIZATION 3038008289 9250 E COSTILLA AVE 110 GREENWOOD VILLAGE CO 80112 MATT KING PRESIDENT 1.00 X X 0 0 0 MERRY PATEUK VICE CHAIR 1.00 X X 0 0 0 TAD JONES TREASURER (UNTIL 12/25) 1.00 X X 0 0 0 WILL GOODALE SECRETARY 1.00 X X 0 0 0 BRANDON MELTON BOARD MEMBER 1.00 X 0 0 0 RYAN HALLEY BOARD MEMBER 1.00 X 0 0 0 JOSH ALLAN DYKSTRA BOARD MEMBER 1.00 X 0 0 0 CEDRIC LIPSEY BOARD MEMBER 1.00 X 0 0 0 JUDAH MUSICK BOARD MEMBER 1.00 X 0 0 0 MICHAEL SCHEID EXECUTIVE DIRECTOR 40.00 X 132294 0 7675 132294 0 7675 1 0 0 0 0 1356030 1356030 FOM FEE 522100 301000 301000 ANNUAL FEE 522100 208467 208467 IMPACT LOAN INTEREST 522100 201898 201898 LOAN FEE 522100 165827 165827 GRANT PROGRAM FEE 522100 6990 6990 884182 35524 35524 2275736 884182 0 35524 332481 332481 139900 83940 41970 13990 212020 170300 26701 15019 8937 5709 2722 506 8650 7440 490 720 28871 28871 10227 5114 5113 2292 1146 1146 13510 9902 2958 650 1847 1698 149 3985 2209 1697 79 9111 8887 224 3772 3772 6382 6382 FEES 381994 381852 71 71 IMPACT LOAN RELIEF 373238 373238 PROGRAM EXPENSE 263412 263412 LOANS TRANSFERRED 169500 169500 91041 80030 8079 2932 2061170 1896858 129972 34340 629624 746368 797257 1395494 1597833 1239354 3024714 3381216 3633 10401 34832 170000 38465 180401 X 1857320 114905 1128929 3085910 2986249 3200815 3024714 3381216 X 214566 0 X 0 0 0 X 1103619 1350193 1238428 1659899 1356030 6708169 1103619 1350193 1238428 1659899 1356030 6708169 1754349 4953820 10 9 1135 12557 35524 49235 6757404 2093364 0.73310 0.73940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 IMPACT LOAN PROGRAM RECEIVABLE 1239354 C 1239354 1 HOUSING ASSISTANCE 3 40898 IMPACT PROGRAM LOANS FORGIVEN 200 260210 OTHER ASSISTANCE PROVIDED 11 30373 PART I, LINE 2: ALL GRANT APPLICANTS ARE REQUIRED TO PROVIDE DOCUMENTATION TO SUBSTANTIATE PROOF OF NEED AND FINANCIAL HARDSHIP. ALL APPLICABLE STATEMENTS AND BILLS PROVING THE INTENDED USE OF FUNDS ARE COMPILED PRIOR TO THE APPROVAL OF GRANT FUND DISBURSEMENT. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD REVIEWS AND APPROVES THE FORM 990 BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO REPORT ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR (ED) PERFORMANCE REVIEW IS CONDUCTED BY THE BOD CHAIR, AND ED COMPENSATION IS VOTED ON DIRECTLY BY THE BOD. ALL EMPLOYEE COMPENSATION IS APPROVED BY THE BOD VIA LINE ITEMS IN THE BUDGET. EMPLOYEE REVIEWS ARE HANDLED BY DIRECT SUPERVISORS, AND RAISES ARE RECOMMENDED BY ED AND THE FINANCE TEAM TO THE BOD VIA THE BUDGETING PROCESS. COST-OF-LIVING INCREASES ARE CALCULATED BASED ON INDUSTRY NORMS, INCLUDED IN THE BUDGET, AND REVIEWED BY THE BOD. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART X, LINE 28: NET ASSETS WITH DONOR RESTRICTIONS CONSIST OF FUNDS RESTRICTED FOR SPECIFIC LOAN FUND PROGRAMS AND TARGET BORROWER POPULATIONS. THESE RESTRICTED FUNDS ARE MAINTAINED IN CORRESPONDING CASH ACCOUNTS DESIGNATED FOR THOSE PURPOSES AND THE RELATED REVOLVING LOANS RECEIVABLE. WHILE THE RELATED CASH BALANCES ARE INCLUDED IN SAVINGS AND TEMPORARY CASH INVESTMENTS REPORTED ON FORM 990, THEY ARE NOT AVAILABLE TO SUPPORT THE GENERAL OPERATING OR ADMINISTRATIVE ACTIVITIES OF CIF AND MAY ONLY BE USED IN ACCORDANCE WITH THE APPLICABLE DONOR RESTRICTIONS.