Nonprofit · EIN 26-1269202
NCRC COMMUNITY DEVELOPMENT FUND INC
Tax-exempt · WASHINGTON, DC 20005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,252,467 | $7,655,011 | -$5,402,544 | $55,569,537 | $38,686,941 | $16,882,596 |
| December 31, 2023 | 990 | $164,674,107 | $164,081,061 | $593,046 | $67,297,534 | $45,012,394 | $22,285,140 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $733,099
- Program service revenue
- $1,808,593
- Investment income
- -$306,586
- Net gain from sales of assets
- -$513,543
- Other revenue
- $17,361
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $2,168
- Accounting fees
- $110,229
- Occupancy
- $24,751
- Travel
- $108,063
- Program services (functional)
- $5,963,372
- Management and general (functional)
- $1,691,639
Balance sheet and other
- Total assets, start of year
- $67,297,534
- Total assets, end of year
- $55,569,537
- Total liabilities, end of year
- $38,686,941
- Net assets, end of year
- $16,882,596
- Net assets without donor restrictions
- $16,882,596
- Gross receipts
- $2,822,190
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2007
- State of legal domicile
- DC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SIMON MCNEIL | EXECUTIVE DIRECTOR Officer | 40 | $0 | $155,823 | $20,584 |
| JESSE VAN TOL | BOARD CHAIR Trustee or director, Officer | 4 | $0 | $0 | $0 |
| IRVIN HENDERSON | TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
| ROBERT DICKERSON JR | SECRETARY Trustee or director, Officer | 2 | $0 | $0 | $0 |
| CHARLES HARRIS | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| DONNA GAMBRELL | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARISA CALDERON | EXECUTIVE DIRECTOR Officer | 40 | $0 | $224,624 | $39,225 |
| JESSE VAN TOL | BOARD CHAIR Trustee or director, Officer | 4 | $0 | $0 | $0 |
| IRVIN HENDERSON | TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
| ROBERT DICKERSON JR | SECRETARY Trustee or director, Officer | 2 | $0 | $0 | $0 |
| CHARLES HARRIS | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| DONNA GAMBRELL | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 740 15TH STREET SUITE 400, WASHINGTON, DC 20005-1019
- Principal officer (990 for 2024)
- JESSE VAN TOL, 740 15TH STREET SUITE 400, WASHINGTON, DC 20005
- Signed the 990
- JESSE VAN TOL, CHAIR OF BOARD
- Phone
- (202) 628-8866
- Website
- NCRC.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
NCRC CDF, A US TREASURY-CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION, PROVIDES ACCESS TO CAPITAL FOR AMERICA'S UNDERSERVED COMMUNITIES THAT SUPPORTS ENTREPRENEURSHIP AND AFFORDABLE HOMEOWNERSHIP.
Program accomplishments
- THE AFFORDABLE HOUSING PROGRAM PROVIDES FUNDING TO ENTITIES TO REHABILITATE, DEVELOP, AND PROMOTE AFFORDABLE HOUSING AND HOME OWNERSHIP IN LOW- AND MODERATE-INCOME CENSUS TRACTS FOR PERSONS OF LOW- AND MODERATE-INCOME.Expenses $3,338,568 · revenue $1,325,350
- THE SMALL BUSINESS PROGRAM PROVIDES FUNDING TO SMALL BUSINESSES INCLUDING MINORITY-OWNED, WOMEN-OWNED AND LOW-INCOME BUSINESSES.Expenses $2,570,480 · revenue $428,919
- THE AMERICAN RESCUE PLAN GRANT MADE FUNDS AVAILABLE FOR RECOVERY TO BUSINESSES IN THE ARTS, RESTAURANTS, AND HOTEL SECTORS THAT EXPERIENCED FINANCIAL HARDSHIP DUE THE COVID-19 PANDEMIC. THE PROGRAM PROVIDED CAPITAL TO BUSINESSES IN ILLINOIS.Expenses $54,324 · revenue $54,324
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-1269202
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S40)
- Assets (IRS master file)
- $55,569,537
- Income (IRS master file)
- $2,822,190
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,252,467 | $7,655,011 | $55,569,537 | XML |
| 990 | December 2023 | $164,674,107 | $164,081,061 | $67,297,534 | XML |
| 990 | December 2022 | $1,445,810 | $2,989,322 | $60,523,002 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-1269202).
Questions about NCRC COMMUNITY DEVELOPMENT FUND INC
- What is the EIN of NCRC COMMUNITY DEVELOPMENT FUND INC?
- The employer identification number (EIN) of NCRC COMMUNITY DEVELOPMENT FUND INC is 26-1269202.
- Is NCRC COMMUNITY DEVELOPMENT FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to NCRC COMMUNITY DEVELOPMENT FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NCRC COMMUNITY DEVELOPMENT FUND INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NCRC COMMUNITY DEVELOPMENT FUND INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NCRC COMMUNITY DEVELOPMENT FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of NCRC COMMUNITY DEVELOPMENT FUND INC?
- The 990 for the year ended December 31, 2024 names JESSE VAN TOL.
- Who are the officers and directors of NCRC COMMUNITY DEVELOPMENT FUND INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does NCRC COMMUNITY DEVELOPMENT FUND INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,252,467, expenses of $7,655,011 and total assets of $55,569,537 at year end.
Other nonprofits in WASHINGTON
- AMERICA VOTES EIN 26-4568349 · last filed 990 for 2025
- AMERICAN ASSOCIATION OF STATE HIGHWAY & TRANSPORTATION OFFICIALS EIN 53-0204654 · last filed 990 for 2025
- CORPORATION FOR TRAVEL PROMOTION EIN 36-4681868 · last filed 990 for 2025
- NORTH AMERICAN ELECTRIC RELIABILITY CORP EIN 20-4821888 · last filed 990 for 2024
- EDISON ELECTRIC INSTITUTE EIN 13-0659550 · last filed 990 for 2024
- HOUSE MAJORITY FORWARD EIN 83-4185105 · last filed 990 for 2024
- SOUNDEXCHANGE INC EIN 76-0742496 · last filed 990 for 2024
- GREEN BUSINESS CERTIFICATION INC EIN 26-0893414 · last filed 990 for 2024
All nonprofits in WASHINGTON · District of Columbia · Community improvement and capacity building