Nonprofit · EIN 45-4105820
COMMUNITY INVESTMENT COLLABORATIVE
Tax-exempt · CHARLOTTESVLE, VA 22902
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $3,095,081 | $2,554,804 | $540,277 | $3,843,834 | $1,053,087 | $2,790,747 |
| December 31, 2024 | 990 | $2,414,442 | $2,439,756 | -$25,314 | $2,805,894 | $555,424 | $2,250,470 |
| December 31, 2023 | 990 | $2,055,191 | $1,997,284 | $57,907 | $2,802,558 | $526,768 | $2,275,790 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $2,695,446
- of which government grants
- $1,128,777
- Program service revenue
- $372,638
- Investment income
- $26,997
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $195,809
- Compensation of officers, directors and key employees
- $143,780
- Other salaries and wages
- $1,158,509
- Salaries, compensation and benefits (total)
- $1,509,186
- Professional fundraising fees
- $0
- Occupancy
- $111,413
- Depreciation
- $5,899
- Program services (functional)
- $2,241,244
- Management and general (functional)
- $185,363
- Fundraising (functional)
- $128,197
Balance sheet and other
- Total assets, start of year
- $2,805,894
- Total assets, end of year
- $3,843,834
- Total liabilities, end of year
- $1,053,087
- Net assets, end of year
- $2,790,747
- Land, buildings and equipment
- $77,244
- Net assets without donor restrictions
- $724,312
- Net assets with donor restrictions
- $2,066,435
- Gross receipts
- $3,095,081
- Employees
- 32
- Volunteers
- 103
- Year formed
- 2012
- State of legal domicile
- VA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEPHEN DAVIS | PRESIDENT Officer | 40 | $132,500 | $11,280 |
| DELORES ROBERTS | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DANIELLE HOPKINS | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| SARAD DAVENPORT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JACOB D'ANIELLO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VICTORIA MAXEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| S LISA HERNDON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MELODY BIANCHETTO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HOPE LAWRENCE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT WOOD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CKALIB NELSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHEN DAVIS | PRESIDENT Officer | 40 | $125,000 |
| DELORES ROBERTS | CHAIR Trustee or director, Officer | 2 | $0 |
| DANIELLE HOPKINS | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| SARAD DAVENPORT | DIRECTOR Trustee or director | 2 | $0 |
| JACOB D'ANIELLO | DIRECTOR Trustee or director | 2 | $0 |
| VICTORIA MAXEY | DIRECTOR Trustee or director | 2 | $0 |
| S LISA HERNDON | DIRECTOR Trustee or director | 2 | $0 |
| MELODY BIANCHETTO | DIRECTOR Trustee or director | 2 | $0 |
| HOPE LAWRENCE | DIRECTOR Trustee or director | 2 | $0 |
| ROBERT WOOD | DIRECTOR Trustee or director | 2 | $0 |
| CKALIB NELSON | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHEN DAVIS | PRESIDENT Officer | 40 | $127,300 |
| ALEX URPI | CHAIR Trustee or director, Officer | 2 | $0 |
| DELORES ROBERTS | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| DANIELLE HOPKINS | DIRECTOR Trustee or director | 2 | $0 |
| JASON BECTON | DIRECTOR Trustee or director | 2 | $0 |
| NATASHA GRAY | DIRECTOR Trustee or director | 2 | $0 |
| SHEA GRAHAM | DIRECTOR Trustee or director | 2 | $0 |
| JACOB D'ANIELLO | DIRECTOR Trustee or director | 2 | $0 |
| MOLLY FULTON | DIRECTOR Trustee or director | 2 | $0 |
| S LISA HERNDON | DIRECTOR Trustee or director | 2 | $0 |
| KEVIN SCHUYLER | DIRECTOR Trustee or director | 2 | $0 |
| HOPE LAWRENCE | DIRECTOR Trustee or director | 2 | $0 |
| ELIZABETH WILLINGHAM | DIRECTOR Trustee or director | 2 | $0 |
| SARA CLAYBORNE | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2976, CHARLOTTESVLE, VA 22902-2976
- Principal officer (990 for 2025)
- STEPHEN DAVIS, PO BOX 2976, CHARLOTTESVILLE, VA 22902
- Signed the 990
- STEPHEN DAVIS, PRESIDENT
- Phone
- (434) 218-3481
- Website
- WWW.CICVILLE.ORG
- Return prepared by
- DAVIDSON DOYLE & HILTON LLP
Mission
COMMUNITY INVESTMENT COLLABORATIVE'S MISSION IS TO STRENGTHEN OUR COMMUNITY AND CONTRIBUTE TO ECONOMIC DEVELOPMENT BY FUELING THE SUCCESS OF UNDER-RESOURCED ENTREPRENEURS THROUGH EDUCATION, MENTORING, MICRO-LENDING AND NETWORKING.
Program accomplishments
- CIC PROVIDES BUSINESS EDUCATION, MENTORING AND NETWORKING OPPORTUNITIES TO UNDER-RESOURCED ENTREPRENEURS. THE SIGNATURE EDUCATION PROGRAM IS A 16-WEEK ENTREPRENEUR WORKSHOP THAT COMBINES CASE STUDIES, DISCUSSION AND APPLIED LEARNING. A FINANCIAL MANAGEMENT PROGRAM HELPS ENTREPRENEURS DEVELOP THE BOOKKEEPING, RECORD KEEPING, AND FINANCIAL ANALYSIS SKILLS AND HABITS TO BETTER MANAGE THEIR BUSINESS. ADDITIONAL PROGRAMS INCLUDE MENTORING, BUSINESS OFFICE HOURS, SMALL BUSINESS CIRCLES AND OUR COLLABORATIVE CO-WORKING SPACE.IN 2025, 283 CLIENTS PARTICIPATED IN CIC PROGRAMS. TO DATE: THERE ARE 747 GRADUATES OF OUR 16-WEEK WORKSHOP, 167 MENTOR MATCHES, AND 138 FINANCIAL MANAGEMENT PROGRAM PARTICIPANTS. TO DATE: THOSE CLIENTS HAVE STARTED 215 NEW BUSINESSES, SUSTAINED 352 EXISTING BUSINESSES AND CREATED 451 NEW FULL-TIME EQUIVALENT JOBS.Expenses $886,451 · grants $24,902 · revenue $35,600
- CIC HAS TWO CORE FINANCING PROGRAMS: A MICROLOAN PROGRAM THAT PROVIDES LOANS UP TO $50,000, AND A MICROGRANTS PROGRAM THAT HELPS UNDER-RESOURCED ENTREPRENEURS TEST THEIR PRODUCTS OR SERVICES. IN 2025, 42 BUSINESSES RECEIVED $1,555,315 IN LOANS AND 17 BUSINESSES RECEIVED $22,795 IN MICROGRANTS. CIC'S LIFETIME TOTAL LENDING TO DATE INCLUDES $6.578 MILLION IN LOANS.CIC PARTNERS WITH LOCAL GOVERNMENTS AND OTHER ENTITIES TO MANAGE GRANT PROGRAMS THAT PROVIDE ACCESS TO CAPITAL TO BUSINESSES IN THE REGION. IN 2025, WE PARTNERED WITH ENTITIES TO PROVIDE CAPITAL TO 25 BUSINESSES THROUGH $173,014 IN GRANTS.IN 2025, CIC LAUNCHED A MASTER PARTICIPATION AGREEMENT WITH BRIDGING VIRGINIA, A MISSION-DRIVEN LENDER BASED IN RICHMOND, VA. UNDER THIS AGREEMENT, CIC MADE $25,000 IN LOANS PARTICIPATING ALONGSIDE BRIDGING VIRGINIA LOANS, ENABLING A COMBINED TOTAL OF $50,000 IN LOANS TO UNDER-RESOURCED ENTREPRENEURS IN THE RICHMOND AREA. CIC PROVIDED LOAN SERVICING SUPPORT TO BRIDGING VIRGINIA THROUGH THE FIRST QUARTER OF 2025, DURING WHICH TIME IT SUPPORTED $651,692 IN TOTAL LOANS, WITH $474,716 IN OUTSTANDING BALANCES AT THE TIME THAT SERVICING ARRANGEMENT CONCLUDED. AT THE END OF 2025, CIC MANAGED $407,413 IN ASSETS UNDER MANAGEMENT WITH OTHER LENDING PARTNERS.Expenses $772,260 · grants $155,907 · revenue $335,578
- THE CV SBDC IS HOUSED AT CIC WITH SUPPORT FROM THE SMALL BUSINESS ADMINISTRATION, STATE AND LOCAL GOVERNMENTS, AND PRIVATE SUPPORT. IT PROVIDES FREE ONE-ON-ONE BUSINESS ADVISING AND TRAINING WORKSHOPS. IN 2025, THE CV SBDC PROVIDED 688 CLIENTS WITH 3,715 HOURS OF BUSINESS ADVISING. ADDITIONALLY, 423 INDIVIDUALS PARTICIPATED IN 31 TRAINING EVENTS. CV SBDC CLIENTS CREATED 35 NEW BUSINESSES, SUPPORTED $17.8 MILLION IN NEW CAPITAL FORMATION, AND CREATED 83 NEW JOBS.Expenses $582,533 · grants $15,000 · revenue $1,460
- NETWORKING AND ECOSYSTEM BUILDING: BUILDING STRONG ENTREPRENEURIAL NETWORKS IS AN UNDERPINNING OF CIC CULTURE. CIC PARTNERS WITH LOCAL ORGANIZATIONS TO OFFER NETWORKING EVENTS RANGING FROM MARKET ACCESS OPPORTUNITIES AT BLOCK PARTIES AND COMMUNITY FAIRS TO EDUCATION OPPORTUNITIES THROUGH BUSINESS EXPOS AND PITCH NIGHTS. PARTNERING ORGANIZATIONS INCLUDE: RISE COLLABORATIVE AT SOVA INNOVATION HUB, MINORITY BUSINESS ALLIANCE AT CHARLOTTESVILLE REGIONAL CHAMBER OF COMMERCE, DANVILLE PITTSYLVANIA CHAMBER OF COMMERCE, MARTINSVILLE CHAMBER OF COMMERCE, MINORITY BUSINESS CONSORTIUM, TOM TOM FOUNDERS FESTIVAL, WTJU, VENTURE CENTRAL, AND THE FOUNTAIN FUND. CIC SECURED FUNDING IN 2025 TO DEVELOP THE REGIONAL ENTREPRENEURSHIP INVESTMENT STRATEGY AND DELIVERED THE COMPLETED REPORT IN 2025 IN PARTNERSHIP WITH VENTURE CENTRAL.
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 | 990 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
- 45-4105820
- 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
- 2012
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $3,843,834
- Income (IRS master file)
- $3,095,081
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $3,095,081 | $2,554,804 | $3,843,834 | IRS |
| 990 | December 2024 | $2,414,442 | $2,439,756 | $2,805,894 | XML |
| 990 | December 2023 | $2,055,191 | $1,997,284 | $2,802,558 | XML |
| 990 | December 2022 | $2,244,096 | $2,035,079 | $2,566,394 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 45-4105820).
Questions about COMMUNITY INVESTMENT COLLABORATIVE
- What is the EIN of COMMUNITY INVESTMENT COLLABORATIVE?
- The employer identification number (EIN) of COMMUNITY INVESTMENT COLLABORATIVE is 45-4105820.
- Is COMMUNITY INVESTMENT COLLABORATIVE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to COMMUNITY INVESTMENT COLLABORATIVE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COMMUNITY INVESTMENT COLLABORATIVE 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 COMMUNITY INVESTMENT COLLABORATIVE due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COMMUNITY INVESTMENT COLLABORATIVE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of COMMUNITY INVESTMENT COLLABORATIVE?
- The 990 for the year ended December 31, 2025 names STEPHEN DAVIS.
- Who are the officers and directors of COMMUNITY INVESTMENT COLLABORATIVE?
- The 990 for the year ended December 31, 2025 lists 11 people; 1 received compensation from the organization, the highest $132,500 (STEPHEN DAVIS, PRESIDENT).
- How much revenue does COMMUNITY INVESTMENT COLLABORATIVE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $3,095,081, expenses of $2,554,804 and total assets of $3,843,834 at year end.
Other nonprofits in CHARLOTTESVLE
- VIRGINIA ORGANIZING INC EIN 54-1674992 · last filed 990 for 2025
- INTERNATIONAL COALITION OF GIRLS SCHOOLS INC EIN 04-3158798 · last filed 990 for 2025
- SOCIETY OF QUALITY ASSURANCE INCORPORATED EIN 52-1388759 · last filed 990 for 2024
- CHARLOTTESVILLE TOMORROW EIN 20-3013557 · last filed 990 for 2025
- OUR NATIONS ENERGY FUTURE COALITION INC EIN 47-2261024 · last filed 990 for 2025
- PHARMACEUTICAL PRINTED LITERATURE ASSOCIATION EIN 31-1801598 · last filed 990 for 2024
- VIRGINIA COUNCIL OF NURSE PRACTITIONERS EIN 46-3101520 · last filed 990 for 2025
- VENTURE CENTRAL INC EIN 51-0252306 · last filed 990 for 2025
All nonprofits in CHARLOTTESVLE · Virginia · Community improvement and capacity building