EIN 91-1662698

Craft3

IRS 501(c) type
501(c)(3)
Num. employees
96
City
Astoria
State
Year formed
1994
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Craft3 is a nonprofit Community Development Financial Institution (CDFI) lender with a mission to strengthen economic, ecological and family resilience in Pacific Northwest communities. To do this, we provide loans to businesses, nonprofits and individuals, including those without access to traditional financing. We complement financial resources with our own expertise, networks and other advocacy for our clients. Since inception, Craft3 has invested more than $380 million in over 4,800 people and businesses in the Oregon and Washington.
Also known as...
Shorebank Enterprise Group Pacific; Enterprise Cascadia
Total revenues
$32,060,164
2023
Total expenses
$20,620,759
2023
Total assets
$222,022,332
2023
Num. employees
96
2023

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.

Grants made by Craft3

GranteeGrant descriptionAmount
Community Housing FundProgram Support$22,000
Network for Oregon Affordable HousingProgram Support$11,334

Who funds Craft3

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The national Development councilCovid-19 Assistance$76,990
Seattle FoundationTo Provide General Support.$60,000
M J Murdock Charitable TrustExpanded Capacity & Staff$39,000
...and 1 more grant received

Personnel at Craft3

NameTitleCompensation
Adam ZimmermanChief Executive Officer$284,338
Sonya LynnChief Operating Officer , Executive Vice President$156,113
Jane RepensekChief Financial Officer
Mark StevensonExecutive Vice President$178,703
Carl SeipMarketing Director , Senior Vice President
...and 38 more key personnel

Financials for Craft3

RevenuesFYE 12/2023
Total grants, contributions, etc.$19,354,025
Program services$10,940,089
Investment income and dividends$1,766,050
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$32,060,164

Form 990s for Craft3

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-12990View PDF
2022-122023-08-11990View PDF
2021-122022-08-12990View PDF
2020-122021-09-10990View PDF
2019-122021-02-19990View PDF
...and 9 more Form 990s
Data update history
January 3, 2025
Received grants
Identified 3 new grant, including a grant for $60,000 from Seattle Foundation
April 24, 2024
Updated personnel
Identified 18 new personnel
December 28, 2023
Received grants
Identified 3 new grant, including a grant for $97,500 from M J Murdock Charitable Trust
December 23, 2023
Received grants
Identified 1 new grant, including a grant for $650,000 from Marguerite Casey Foundation (MCF)
September 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
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 donationsAccepts online donations
General information
Address
42 7th St 100
Astoria, OR 97103
County
Clatsop County, OR
Website URL
craft3.org/ 
Phone
(888) 231-2170
Facebook page
Craft3Org 
Twitter profile
@craft3org 
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
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