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EIN 13-3641265

Grow America Fund

IRS 501(c) type
501(c)(3)
Num. employees
0
City
New York
State
New York
Year formed
1971
Most recent tax filings
2022-12-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
The Grow America Fund, Inc. ("GAF") has assisted more than 3300 small businesses owned by individuals previously lacking access to appropriately structured financing. Over sixty-percent of their loans have been made in CDFI-eligible census tracts or to minority borrowers. GAF not only provides financing but also helps create economic opportunity, stimulate investment, and encourages entrepreneurship in low-income communities.
Related structure
Grow America Fund is a subordinate organization under The national Development council.
Total revenues
$3,801,712
2022
Total expenses
$4,293,994
2022
Total assets
$53,966,443
2022
Num. employees
0
2022

Program areas at Grow America Fund

Gaf provides longer term, lower interest rate small business loans that enable small businesses to create jobs, stimulate investment, and expand the entrepreneurial and small business base in low-income communities. (cont. On schedule o)

Personnel at Grow America Fund

NameTitleCompensation
Daniel MarshPresident and Chief Executive Officer$0
Adam EnnisChief Operating Officer$0
Daniel ChoiChief Financial Officer$0
Ann FinneganManaging Director of Small Business Lending
Joseph GrayManaging Director of Entrepreneurship
...and 14 more key personnel

Financials for Grow America Fund

RevenuesFYE 12/2022
Total grants, contributions, etc.$407,298
Program services$3,368,061
Investment income and dividends$0
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$26,353
Total revenues$3,801,712

Form 990s for Grow America Fund

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-10990View PDF
2021-122022-11-14990View PDF
2020-122021-11-10990View PDF
2019-122021-03-01990View PDF
2018-122020-01-31990View PDF
...and 7 more Form 990s
Data update history
December 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 23, 2023
Updated personnel
Identified 1 new personnel
December 8, 2023
Updated personnel
Identified 12 new personnel
July 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Business and community development organizationsCommunity Development Financial InstitutionsChapter / child organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Receives government fundingTax deductible donationsNo full-time employees
General information
Address
633 Third Ave 19j
New York, NY 10017
Metro area
New York-Newark-Jersey City, NY-NJ-PA
Website URL
growamerica.org/ 
Phone
(212) 682-1106
IRS details
EIN
13-3641265
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1971
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
522120: Savings Institutions
Parent/child status
Subordinate organization
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