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Nonprofit · EIN 82-4577516

COMMUNITY IMPACT FUND

Tax-exempt · GREENWOOD VLG, CO 80112

Financials

$1.6M$1.1M2023$2.4M$1.4M2024$2.3M$2.1M2025
Revenue Expenses · by fiscal year end
Financials of COMMUNITY IMPACT FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,275,736$2,061,170$214,566$3,381,216$180,401$3,200,815
December 31, 2024990$2,366,715$1,418,198$948,517$3,024,714$38,465$2,986,249
December 31, 2023990$1,582,214$1,130,235$451,979$2,041,009$3,278$2,037,731
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,356,030
Program service revenue
$884,182
Investment income
$35,524
Other revenue
$0

Expenses

Grants and similar amounts paid
$332,481
Compensation of officers, directors and key employees
$139,900
Other salaries and wages
$212,020
Salaries, compensation and benefits (total)
$398,378
Professional fundraising fees
$0
Legal fees
$10,227
Accounting fees
$2,292
Travel
$9,111
Program services (functional)
$1,896,858
Management and general (functional)
$129,972
Fundraising (functional)
$34,340

Balance sheet and other

Total assets, start of year
$3,024,714
Total assets, end of year
$3,381,216
Total liabilities, end of year
$180,401
Net assets, end of year
$3,200,815
Net assets without donor restrictions
$114,905
Net assets with donor restrictions
$3,085,910
Gross receipts
$2,275,736
Employees
9
Volunteers
8
Year formed
2018
State of legal domicile
CO

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.

NameTitleHours / weekCompensationOther / benefits
MICHAEL SCHEIDEXECUTIVE DIRECTOR
Officer
40$132,294$7,675
MATT KINGPRESIDENT
Trustee or director, Officer
1$0$0
MERRY PATEUKVICE CHAIR
Trustee or director, Officer
1$0$0
TAD JONESTREASURER (UNTIL 12/25)
Trustee or director, Officer
1$0$0
WILL GOODALESECRETARY
Trustee or director, Officer
1$0$0
BRANDON MELTONBOARD MEMBER
Trustee or director
1$0$0
RYAN HALLEYBOARD MEMBER
Trustee or director
1$0$0
JOSH ALLAN DYKSTRABOARD MEMBER
Trustee or director
1$0$0
CEDRIC LIPSEYBOARD MEMBER
Trustee or director
1$0$0
JUDAH MUSICKBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensationOther / benefits
Michael ScheidExecutive Director
Officer
40$120,938$7,308
Matt KingPresident
Trustee or director, Officer
1$0$0
Merry PateukVice Chair
Trustee or director, Officer
1$0$0
Will GoodaleSecretary
Trustee or director, Officer
1$0$0
Tad JonesTreasurer
Trustee or director, Officer
1$0$0
Brandon MeltonBoard Member
Trustee or director
1$0$0
Judah MusickBoard Member
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationOther / benefits
Michael ScheidExecutive Director
Officer
40$121,050$6,032
Matt KingPresident
Trustee or director, Officer
1$0$0
Merry PateukVice President
Trustee or director, Officer
1$0$0
Will GoodaleSecretary
Trustee or director, Officer
1$0$0
Tad JonesTreasurer
Trustee or director, Officer
1$0$0
Jeffrey BojarBoard Member
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
9250 E COSTILLA AVE STE 110, GREENWOOD VLG, CO 80112-3663
In care of
% JUDAH MUSICK
Principal officer (990 for 2025)
MICHAEL SCHEID, 9250 E COSTILLA AVE 110, GREENWOOD VILLAGE, CO 80112
Signed the 990
MICHAEL SCHEID, EXECUTIVE DIRECTOR
Phone
(303) 800-8289
Return prepared by
AAFCPAS INC

Mission

VISION: EVERYONE HAS A PATH TO FINANCIAL FREEDOM.MISSION: PARTNERING WITH EMPLOYERS TO EMPOWER ALICE INDIVIDUALS TOWARDS FINANCIAL SECURITY.

990 for the year ended December 31, 2025

Program accomplishments

  • 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.
    Expenses $1,760,358 · grants $332,481 · revenue $582,492
  • 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.
    Expenses $136,500 · revenue $301,690

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
82-4577516
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
2018
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,381,216
Income (IRS master file)
$2,275,736

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,275,736$2,061,170$3,381,216XML
990December 2024$2,366,715$1,418,198$3,024,714IRS
990December 2023$1,582,214$1,130,235$2,041,009XML
990December 2022$1,485,930$615,031$1,674,704IRS
990December 2021–––IRS
990December 2020–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about COMMUNITY IMPACT FUND

What is the EIN of COMMUNITY IMPACT FUND?
The employer identification number (EIN) of COMMUNITY IMPACT FUND is 82-4577516.
Is COMMUNITY IMPACT FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to COMMUNITY IMPACT FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COMMUNITY IMPACT FUND 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 IMPACT FUND 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 IMPACT FUND 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 IMPACT FUND?
The 990 for the year ended December 31, 2025 names MICHAEL SCHEID.
Who are the officers and directors of COMMUNITY IMPACT FUND?
The 990 for the year ended December 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $132,294 (MICHAEL SCHEID, EXECUTIVE DIRECTOR).
How much revenue does COMMUNITY IMPACT FUND have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,275,736, expenses of $2,061,170 and total assets of $3,381,216 at year end.

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