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Pulling IRS BMF, Form 990 filings, peer benchmarks, programs, people, and grants.
Pulling IRS BMF, Form 990 filings, peer benchmarks, programs, people, and grants.
DBA: N/A
Other name: NORTH Carolina Community
EIN 56-2142717 · Snapshot of IRS recognition, filing currency, financial health, and governance.
Institute Capital, inc. is a not-for-profit organization whose purpose is to develop and/or preserve affordable housing, encourage and stimulate community and economic development, and expand economic opportunities and provide financing for community development activities. Institute Capital inc. is a community development financial institution (cdfi) certified by the u.s. Department of the treasury and is supported primarily by government grants and income from loans. The organization's investment area includes north carolina, south carolina, Virginia, west Virginia, kentucky, and the dc metro area.
Total Revenue
$3.3M
FY2024
Total Expenses
$2.5M
FY2024
Net Assets
$8.7M
Program Ratio
81.4%
expenses on programs
Employees
0
Volunteers
0
Board Members
8
Voting
8
Independent
8 answers compiled from IRS Form 990, BMF, Pub 78, and the Auto-Revocation List.