Program areas at Craft3
Lending activities: providing business support, marketing assistance and high risk non-bank credit to businesses and individuals in Washington and Oregon. Improving the physical and economic environments through reduction of waste, energy and chemical usage through mission based lending.
Program consulting: providing expert guidance in strategic planning, organizational development, economic development, and real estate development. The services are designed to assist businesses, non-profit organizations and local governments in accomplishing their goals.
Who funds Craft3
Grants from foundations and other nonprofits
Personnel at Craft3
| Name | Title | Compensation | Date of data |
|---|
| Adam Zimmerman | Chief Executive Officer | $284,338 | 2023-04-17 |
| Sonya Lynn | Chief Operating Officer , Executive Vice President | $156,113 | 2023-04-17 |
| Jane Repensek | Chief Financial Officer | | 2023-08-11 |
| Mark Stevenson | Chief Financial Officer , Executive Vice President | $178,703 | 2022-12-31 |
| Carl Seip | Marketing Director , Vice President | | 2023-04-17 |
| ...and 31 more key personnel |
Financials for Craft3
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $6,269,398 | $13,992,572 | -55.2% |
| Program services | $12,060,240 | $10,600,655 | 13.8% |
| Investment income and dividends | $561,076 | $297,741 | 88.4% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $328,545 | $2,045,548 | -83.9% |
| 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 | $19,219,259 | $26,936,516 | -28.6% |
Organizations like Craft3
| Organization | Type | Location | Revenue |
|---|
| Seattle Economic Development Fund Business Impact NW | 501(c)(3) | Tukwila, WA | $9,619,486 |
| Coastal Enterprises (CEI) | 501(c)(3) | Brunswick, ME | $13,614,519 |
| Economic and Community Development Institute (ECDI) | 501(c)(3) | Columbus, OH | $19,971,101 |
| The Reinvestment Fund (TRF) | 501(c)(3) | Philadelphia, PA | $54,478,225 |
| Low Income Investment Fund (LIIF) | 501(c)(3) | San Francisco, CA | $61,156,061 |
| California Coastal Rural Development Corporation | 501(c)(3) | Salinas, CA | $5,534,051 |
| Credit Builders Alliance | 501(c)(3) | Washington, DC | $5,600,497 |
| Center for Rural Affairs (CFRA) | 501(c)(3) | Lyons, NE | $9,008,855 |
| Ohio Community Development Finance Fund | 501(c)(3) | Columbus, OH | $9,454,085 |
| New Hampshire Community Loan Fund | 501(c)(3) | Concord, NH | $14,740,663 |
Data update history
September 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 29, 2023
Updated personnel
Identified 2 new personnel
September 24, 2023
Used new vendors
Identified 5 new vendors, including , , , , and
August 21, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Business and community development organizationsCommunity Development Financial InstitutionsHeadquarter / parent organizationsCharities
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
LobbyingState / local levelReceives government fundingTax deductible donations
General information
- Address
- 42 7th St 100
- Astoria, OR 97103
- Website URL
- craft3.org/Â
- Phone
- (888) 231-2170
- Facebook page
- Craft3OrgÂ
- Twitter profile
- @craft3orgÂ
IRS details
- EIN
- 91-1662698
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1994
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S30: Economic Development
- NAICS code, primary
- 522120: Savings Institutions
- Parent/child status
- Central organization
Free account sign-up
Want updates when Craft3 has new information, or want to find more organizations like Craft3?
Create free Cause IQ account