Program areas at Capital for Change
Covering all of Connecticut, c4c is a community development financial institution (cdfi) approved by the us treasury to provide a variety of financial services to consumers, nonprofits, businesses, and public institutions. Institutional as well as private social impact investors trust c4c with their funds because of how well we manage risk and the results we deliver, over 7,000 affordable housing units, thousands of jobs and significant co2 reduction. C4c's financial base of $73 million in assets has enabled thousands of loans for consumer and commercial housing and energy efficiency improvements this year alone. C4c also has decades of experience in loan servicing for organizations such as state and municipal public institutions, in particular for energy efficiency loan programs. See www.capitalforchange.org for more details.
Who funds Capital for Change
Grants from foundations and other nonprofits
Personnel at Capital for Change
| Name | Title | Compensation | Date of data |
|---|
| Calvin B Vinal | President and Chief Executive Officer / Executive Director | $214,126 | 2022-03-31 |
| Diane Smith | Board Member | $0 | 2023-12-13 |
| Bhavani Daryanani | Interim Chief Financial Officer | | 2023-10-23 |
| Cassandra Bradley | Director of Commercial Lending | $102,508 | 2023-03-31 |
| Jeffrey Levitsky | Director of Accounting | $110,019 | 2023-03-31 |
| ...and 16 more key personnel |
Financials for Capital for Change
| Revenues | FYE 03/2023 | FYE 03/2022 | % Change |
|---|
| Total grants, contributions, etc. | $1,798,561 | $4,306,331 | -58.2% |
| Program services | $6,109,324 | $6,011,975 | 1.6% |
| Investment income and dividends | $22,270 | $17,233 | 29.2% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $7,930,155 | $10,335,539 | -23.3% |
Organizations like Capital for Change
| Organization | Type | Location | Revenue |
|---|
| Century Housing Corporation | 501(c)(3) | Culver City, CA | $37,466,757 |
| Virginia Community Development Corp | 501(c)(3) | Richmond, VA | $2,908,414 |
| Renaissance Community Loan Fund | 501(c)(3) | Gulfport, MS | $6,648,710 |
| Vermont Community Loan Fund | 501(c)(3) | Montpelier, VT | $3,257,007 |
| Mazaska Owecaso Otipi Financial | 501(c)(3) | Pine Ridge, SD | $2,359,572 |
| Wisconsin Native Loan Fund (WINLF) | 501(c)(3) | Lac Du Flambeau, WI | $2,400,832 |
| MoFi | 501(c)(3) | Missoula, MT | $20,160,998 |
| Community Capital New York | 501(c)(3) | Elmsford, NY | $4,212,008 |
| Roc USA LLC | 501(c)(3) | Concord, NH | $14,090,679 |
| Neighborworks Capital Corporation | 501(c)(3) | Silver Spring, MD | $8,857,507 |
Data update history
April 18, 2024
Updated personnel
Identified 1 new personnel
January 10, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 9, 2024
Updated personnel
Identified 3 new personnel
December 27, 2023
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
Housing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesHousing
Characteristics
State / local levelReceives government fundingTax deductible donations
General information
- Address
- 10 Alexander Dr
- Wallingford, CT 06492
- Metro area
- New Haven-Milford, CT
- County
- New Haven County, CT
- Website URL
- capitalforchange.org/Â
- Phone
- (800) 992-3665
IRS details
- EIN
- 06-0842738
- Fiscal year end
- March
- Taxreturn type
- Form 990
- Year formed
- 1968
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- L80: Housing Support Services
- NAICS code, primary
- 522120: Savings Institutions
- Parent/child status
- Central organization
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