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EIN 46-1076726

Greenwood Archer Capital

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Chicago
State
Illinois
Year formed
2012
Most recent tax filings
2022-06-01
NTEE code, primary
L50: Housing Owners, Renters Organizations
Description
Greenwood Archer Capital intends to lend our knowledge and Capital to (continued on sch. O) (continued from part i, line 1) reverse the impact of institutional racism; grow independent vibrant black communities; and create an environment led by purpos...
Related structure
Greenwood Archer Capital is a subordinate organization under Chicago Neighborhood Initiatives.
Also known as...
Chicago Neighborhood Initiatives Micro Finance Group
Total revenues
$2,352,248
2022
Total expenses
$1,207,927
2022
Total assets
$10,119,774
2022
Num. employees
0
2022

Program areas at Greenwood Archer Capital

Greenwood Archer Capital: provides small businesses with microloans and development services that create new and/or higher paying employment opportunities, save existing jobs, and increase household incomes in underserved neighborhoods.
The perc program provides recently incarcerated citizens with in-depth training, personel coaching, mentoring and access to lending Capital up to $50,000 to start or expand a business.

Who funds Greenwood Archer Capital

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Chicago Community TrustTo Support Empower Pilot, Cnimfg's Covid-Related Loan Capital Distribution, Technology, Staff, Other Strategies for Increasing Capacity To Track Data, and Deliver Innovative Products$770,000
Polk Bros FoundationStrong Communities$50,000
Fifth Third Chicagoland FoundationCommunity$25,000
...and 2 more grants received

Personnel at Greenwood Archer Capital

NameTitleCompensation
Jenn BransfieldChief Operating Officer and General Counsel
Erica McPhersonPresident$170,225
Annette WashingtonDirector of Finance
Natosha JohnsonDevelopment and Communications Director
Maria MedugaAccount Manager
...and 9 more key personnel

Financials for Greenwood Archer Capital

RevenuesFYE 06/2022
Total grants, contributions, etc.$2,220,733
Program services$35,956
Investment income and dividends$91,084
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$4,475
Total revenues$2,352,248

Form 990s for Greenwood Archer Capital

Fiscal year endingDate received by IRSFormPDF link
2021-062021-12-22990View PDF
2020-062021-04-13990View PDF
2019-062020-08-27990View PDF
2018-062019-05-14990View PDF
2017-062018-04-10990View PDF
...and 3 more Form 990s
Data update history
May 6, 2023
Received grants
Identified 1 new grant, including a grant for $25,000 from Fifth Third Chicagoland Foundation
August 3, 2022
Received grants
Identified 2 new grant, including a grant for $100,000 from Opportunity Finance Network (OFN)
July 8, 2022
Posted financials
Added Form 990 for fiscal year 2021
July 2, 2022
Used new vendors
Identified 1 new vendor, including
December 29, 2021
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Housing and shelter organizationsChapter / child organizationsCharities
Issues
Human servicesCommunity improvementHousingAfrican Americans
Characteristics
Operates donor advised fundsState / local levelReceives government fundingTax deductible donationsNo full-time employees
General information
Address
1000 E 111th St - 10th Floor
Chicago, IL 60628
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
greenwoodarchercapital.org/ 
Phone
(773) 341-2060
IRS details
EIN
46-1076726
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2012
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L50: Housing Owners, Renters Organizations
NAICS code, primary
522120: Savings Institutions
Parent/child status
Subordinate organization
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