Nonprofit · EIN 86-3843865
NATIONAL BANKERS COMMUNITY ALLIANCE INC
Tax-exempt · WASHINGTON, DC 20005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,007,556 | $3,401,031 | -$393,475 | $11,101,724 | $245,419 | $10,856,305 |
| December 31, 2023 | 990 | $1,724,059 | $2,347,268 | -$623,209 | $11,522,199 | $272,419 | $11,249,780 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,425,000
- Program service revenue
- $0
- Investment income
- $78,896
- Other revenue
- $503,660
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $396,465
- Other salaries and wages
- $987,809
- Salaries, compensation and benefits (total)
- $1,433,948
- Professional fundraising fees
- $0
- Legal fees
- $52,355
- Accounting fees
- $31,589
- Travel
- $23,197
- Program services (functional)
- $3,171,736
- Management and general (functional)
- $229,295
Balance sheet and other
- Total assets, start of year
- $11,522,199
- Total assets, end of year
- $11,101,724
- Total liabilities, end of year
- $245,419
- Net assets, end of year
- $10,856,305
- Net assets without donor restrictions
- $10,856,305
- Gross receipts
- $3,007,556
- Employees
- 14
- Volunteers
- 6
- Year formed
- 2021
- 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 |
|---|---|---|---|---|
| NICOLE ELAM | EXECUTIVE DIRECTOR Officer | 20 | $117,350 | $405,461 |
| CHRISTOPHER J WHITE | DEPUTY EXECUTIVE DIRECTOR Key employee | 25 | $175,587 | $0 |
| ANTHONY BARR | DIRECTOR OF RESEARCH AND IMPACT Highest-paid employee | 25 | $103,528 | $0 |
| ROBERT JAMES II | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| PATRICK COOPER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ARON BETRU | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| EVELYN SMALLS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| TRAVIS KIYOTA | AT-LARGE Trustee or director | 1 | $0 | $0 |
| JAMES BALLENTINE | AT-LARGE Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| Nicole Elam | Executive Dir. Officer | 20 | $66,575 | $305,963 |
| Michelle Davis | Chief Oper.Officer | 25 | $24,808 | $25,962 |
| Robert James II | Chairman Trustee or director, Officer | 1 | $0 | $0 |
| Patrick Cooper | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Aron Betru | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Evelyn Smalls | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Travis Kiyota | At-Large Trustee or director | 1 | $0 | $0 |
| James Ballentine | At-Large Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1513 P ST NW, WASHINGTON, DC 20005-1909
- In care of
- % EVONNE HOLLIDAY
- Principal officer (990 for 2024)
- NICOLE ELAM, 1513 P STREET, WASHINGTON, DC 20005
- Signed the 990
- NICOLE ELAM, EXECUTIVE DIRECTOR
- Phone
- (202) 588-5432
- Return prepared by
- SB & COMPANY LLC
Mission
TO SUPPORT THE NATIONAL BANKERS ASSOCIATION BY PROVIDING EDUCATIONAL PROGRAMS & SERVICES TO CUSTOMERS AND COMMUNITIES OF MINORITY DEPOSITORY INSTITUTIONS.
Program accomplishments
- MDI CONNECTTECH - NBCA IN COLLABORATION WITH THE ALLIANCE FOR INNOVATIVE REGULATION (AIR) AND WITH SUPPORT FROM CITI FOUNDATION'S COMMUNITY FINANCE INNOVATION FUND, MDI CONNECTTECH ASSISTS MINORITY-OWNED AND OPERATED BANKS IN THEIR JOURNEY TOWARDS MODERNIZATION AND DIGITAL TRANSFORMATION. THIS PROGRAM ENABLES MDIS TO DEVELOP AND INTEGRATE TECHNOLOGY SOLUTIONS TO STREAMLINE OPERATIONS, EXPAND THEIR CUSTOMER BASE, AND ENHANCE ENGAGEMENT THROUGH DIGITAL CHANNELS.Expenses $2,393,165
- OUR MONEY MATTERS (OMM) IS A FREE ONLINE TOOL DESIGNED TO DEVELOP, SUPPORT, AND SCALE ACCESS TO FINANCIAL EDUCATION AND SOUND FINANCIAL PRACTICES FOR MEMBERS OF UNDER-SERVED COMMUNITIES.Expenses $76,950
- FINANCIAL WELLNESS - THE OUR MONEY MATTERS (OMM) FINANCIAL WELLNESS DIGITAL PLATFORM REPRESENTS AN OPPORTUNITY TO CONNECT THE WORK OF MDIS IN DELIVERING FINANCIAL PRODUCTS AND SERVICES TO UNDERSERVED COMMUNITIES. DEVELOPED BY HBCU COMMUNITY DEVELOPMENT ACTION COALITION (HBCU CDAC), THE OMM INITIATIVE AND ITS DIGITAL PLATFORM EMPOWERS AND SUPPORTS PARTICIPANTS IN COMMUNITIES AND EDUCATIONAL SETTINGS TO ACQUIRE KNOWLEDGE, BUILD HABITS, AND ACCESS FINANCIAL LITERACY EDUCATION AND PERSONAL FINANCE TOOLS AND RESOURCES. THE OMM/NBCA PILOT INITIATIVE ("THE PILOT") CONNECTED FINANCIAL WELLNESS PROGRAMMING TO FINANCIAL PRODUCT AND SERVICE DELIVERY THAT ADDRESSES THE RACIAL WEALTH GAP.Expenses $526,550
- WINDWARD FUND - CLIMATE LENDING IS TO SUPPORT THE MDIS'ABILITY TO FUND CLIMATE CHANGE ADAPTATION, MITIGATION, AND RESILIENCE PROJECTS.Expenses $115,301
- VISA INTERNATIONAL - GRANT FUNDS TO SUPPORT THE PLANNING PHASE OF THE B.O.S.S (BACK-OFFICE SUPPORT SYSTEMS) TANK - A MULTI-MILLION, MULTI-YEAR INITIATIVE AIMED AT SMALL BUSINESSES IN THE DC AREA. THE GRANT WILL BE FOCUSED ON THREE KEY OBJECTIVES: FINALIZE THE DESIGN AND STRATEGIC PLAN FOR THE B.O.S.S TANK INITIATIVE; DEVELOP A PLAYBOOK ON HOW MDIS AND PHILANTHROPY CAN COLLABORATE TO STRENGTHEN INCLUSIVE ENTREPRENEURSHIP; DEVELOP A FRAMEWORK FOR HOW FUNDS GENERATED FROM $100M IN ESG BONDS WILL BE ALLOCATED TOWARD STRENGTHENING SMALL BUSINESSES.Expenses $59,770
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
- 86-3843865
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P51)
- Assets (IRS master file)
- $11,101,724
- Income (IRS master file)
- $3,007,556
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,007,556 | $3,401,031 | $11,101,724 | XML |
| 990 | December 2023 | $1,724,059 | $2,347,268 | $11,522,199 | XML |
| 990 | December 2022 | $11,723,574 | $639,836 | $12,159,570 | 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 86-3843865).
Questions about NATIONAL BANKERS COMMUNITY ALLIANCE INC
- What is the EIN of NATIONAL BANKERS COMMUNITY ALLIANCE INC?
- The employer identification number (EIN) of NATIONAL BANKERS COMMUNITY ALLIANCE INC is 86-3843865.
- Is NATIONAL BANKERS COMMUNITY ALLIANCE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to NATIONAL BANKERS COMMUNITY ALLIANCE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does NATIONAL BANKERS COMMUNITY ALLIANCE 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 NATIONAL BANKERS COMMUNITY ALLIANCE 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 NATIONAL BANKERS COMMUNITY ALLIANCE 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 NATIONAL BANKERS COMMUNITY ALLIANCE INC?
- The 990 for the year ended December 31, 2024 names NICOLE ELAM.
- Who are the officers and directors of NATIONAL BANKERS COMMUNITY ALLIANCE INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 3 received compensation from the organization, the highest $117,350 (NICOLE ELAM, EXECUTIVE DIRECTOR).
- How much revenue does NATIONAL BANKERS COMMUNITY ALLIANCE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,007,556, expenses of $3,401,031 and total assets of $11,101,724 at year end.
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