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EIN 03-0264092

Cooperative Fund of the Northeast

IRS 501(c) type
501(c)(3)
Num. employees
15
City
Watertown
State
Massachusetts
Year formed
1975
Most recent tax filings
2023-12-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
Cooperative Fund of the Northeast advances community-based, cooperative and democratically owned or managed enterprises, with preference to those that serve low income communities. They provide financial and educational assistance to nonprofit and Cooperative organizations, primarily within the Northeast, endeavoring to provide assistance to those of greatest need.
Also known as...
Cooperative Fund of New England
Total revenues
$4,114,478
2023
Total expenses
$3,238,569
2023
Total assets
$50,443,237
2023
Num. employees
15
2023

Program areas at Cooperative Fund of the Northeast

In furtherance of this mission, cfne makes loans, provides other alternative financing, and offers technical assistance to Cooperative organizations and similar enterprises with a preference to assisting cooperatives in low income communities, and by offering an investment opportunity that promotes socially conscious enterprise.

Who funds Cooperative Fund of the Northeast

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Cummings Foundation GrantsHuman Services$33,334
Mightycause Charitable FoundationUnrestricted$17,940
Catic FoundationAnnual Support$1,625
...and 1 more grant received

Personnel at Cooperative Fund of the Northeast

NameTitleCompensation
Micha JosephyExecutive Director$140,752
Steve BorlaDirector of Finance and Administration
Liska WilsonCommunications Director
Carolyn Edsell-VetterProgram Director$108,280
Josie ShagwertCapital and Culture Manager
...and 3 more key personnel

Financials for Cooperative Fund of the Northeast

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,642,492
Program services$2,242,412
Investment income and dividends$229,574
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$0
Total revenues$4,114,478

Form 990s for Cooperative Fund of the Northeast

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-29990View PDF
2022-122023-05-25990View PDF
2021-122022-05-20990View PDF
2020-122021-06-28990View PDF
2019-122021-01-21990View PDF
...and 10 more Form 990s

Organizations like Cooperative Fund of the Northeast

OrganizationLocationRevenue
Washington Area Community Investment FundWashington, DC$7,616,507
Valley PartnersYoungstown, OH$8,153,238
Landmarks Community Capital CorporationPittsburgh, PA$1,331,693
Baltimore Community LendingBaltimore, MD$4,865,383
Ohio Community Development Finance FundColumbus, OH$16,922,285
I2eOklahoma City, OK$6,662,200
Legacy Redevelopment CorporationMilwaukee, WI$2,559,769
Midwest Minnesota Community Development CorporationDetroit Lakes, MN$6,717,967
Mountain AssociationBerea, KY$8,094,633
Locus Impact FundChristiansburg, VA$9,556,651
Data update history
January 7, 2025
Used new vendors
Identified 1 new vendor, including
January 5, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 3, 2025
Received grants
Identified 2 new grant, including a grant for $33,334 from Cummings Foundation Grants
September 21, 2024
Updated personnel
Identified 5 new personnel
May 18, 2024
Received grants
Identified 3 new grant, including a grant for $15,000 from Vermont Community Foundation
Nonprofit Types
Business and community development organizationsHeadquarter / parent organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Receives government fundingTax deductible donationsAccepts online donations
General information
Address
PO Box 970
Watertown, MA 02471
Metro area
Boston-Cambridge-Newton, MA-NH
County
Middlesex County, MA
Website URL
cooperativefund.org/ 
Phone
(800) 818-7833
IRS details
EIN
03-0264092
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1975
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
Central organization
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