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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
2023-06-01
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
$1,279,244
2023
Total expenses
$1,280,630
2023
Total assets
$9,826,658
2023
Num. employees
0
2023

Program areas at Greenwood Archer Capital

Greenwood Archer Capital deploys funds to micro and small businesses throughout the chicagoland area and greater cook county Illinois.
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
Opportunity Finance Network (OFN)Ofn Cdfi Tech Grant Program Supported By Google.org$125,000
Polk Bros FoundationStrong Communities$50,000
Women's Business Development Center (WBDC)Small Business Assistance Grants$15,000
...and 1 more grant received

Personnel at Greenwood Archer Capital

NameTitleCompensation
Annette WashingtonVice President of Finance , Cni$0
Erica McPhersonFormer Executive Director$0
Natosha JohnsonDevelopment and Communications Director
Jennifer BransfieldGeneral Counsel , Cni$0
Maria MedugaAccount Manager
...and 8 more key personnel

Financials for Greenwood Archer Capital

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,067,661
Program services$40,797
Investment income and dividends$166,311
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$1,279,244

Form 990s for Greenwood Archer Capital

Fiscal year endingDate received by IRSFormPDF link
2023-062024-02-29990View PDF
2022-062023-02-24990View PDF
2021-062021-12-22990View PDF
2020-062021-04-13990View PDF
2019-062020-08-27990View PDF
...and 5 more Form 990s
Data update history
July 20, 2024
Received grants
Identified 2 new grant, including a grant for $50,000 from Polk Bros Foundation
May 25, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 1, 2024
Received grants
Identified 3 new grant, including a grant for $225,000 from The Chicago Community Trust
June 18, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 12, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Trade associationsBusiness and community development organizationsHousing and shelter organizationsChapter / child organizationsCharities
Issues
Human servicesCommunity improvementHousingAfrican AmericansBusiness and industry
Characteristics
Operates donor advised fundsState / local levelReceives government fundingTax deductible donationsNo full-time employeesAccepts online donations
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
813910: Trade Associations
Parent/child status
Subordinate organization
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