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EIN 20-3006098

Financial Health Network (CFSI)

IRS 501(c) type
501(c)(3)
Num. employees
87
City
Chicago
State
Illinois
Year formed
2005
Most recent tax filings
2022-12-01
NTEE code, primary
S30: Economic Development
Description
To improve the financial health of Americans, especially the underserved, by shaping a robust and innovative financial services marketplace with increased access to higher quality products and practices.
Also known as...
The Financial Innovations Center; Center for Financial Services Innovations; Center for Fini Services Innovation
Total revenues
$19,220,654
2022
Total expenses
$17,717,829
2022
Total assets
$18,968,499
2022
Num. employees
87
2022

Program areas at CFSI

Financial Health Network leads a Network of companies which fosters and accelerates consumer-focused innovation. Through its compass principles and a lineup of proprietary research, insights and events, Financial Health Network informs, advises and connects members of its Network to seed the innovation that will transform the Financial services landscape and improve the lives of low and moderate-income americans.

Grants made by CFSI

GranteeGrant descriptionAmount
finEQUITY2022 FSL Accelerator Cohort$100,000
Pie for Providers2022 FSL Accelerator Cohort$100,000
Local Initiatives Support CorporationFSL Innovator Grant$90,000
...and 2 more grants made

Who funds Financial Health Network (CFSI)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Citi FoundationAdvancing Consumer and Community Financial Health Program$1,300,000
Skoll FoundationGeneral Operating Support$1,200,000
Citi FoundationTwenty Years of Measuring Financial Health Program$250,000
...and 4 more grants received

Personnel at CFSI

NameTitleCompensation
Jennifer TescherPresident and Chief Executive Officer$511,167
Rachel SchneiderBoard Member$155,660
Kelly EmeryChief Operating Officer$280,800
Sarah GordonChief Market and Business Development Officer$217,684
Andy BandyopadhyayChief Product Officer , Attune$200,200
...and 50 more key personnel

Financials for CFSI

RevenuesFYE 12/2022
Total grants, contributions, etc.$9,297,225
Program services$6,205,846
Investment income and dividends$33,691
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$3,683,892
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$19,220,654

Form 990s for CFSI

Fiscal year endingDate received by IRSFormPDF link
2022-122023-09-19990View PDF
2021-122022-07-14990View PDF
2020-122021-06-14990View PDF
2019-122021-05-26990View PDF
2018-122019-09-21990View PDF
...and 9 more Form 990s

Organizations like CFSI

OrganizationLocationRevenue
Ben Franklin Technology PTRS of Se PaPhiladelphia, PA$8,775,159
Enterprise MinnesotaMinneapolis, MN$5,860,262
University City Science CenterPhiladelphia, PA$18,691,804
CivillaDetroit, MI$5,407,214
Mainstream Nonprofit SolutionsEmporia, KS$11,543,942
Innovation PortalMobile, AL$7,691,520
mHUBChicago, IL$9,116,950
Allegheny Conference on Community DevelopmentPittsburgh, PA$12,660,423
UracWashington, DC$23,447,385
Edison Welding Institute (EWI)Columbus, OH$29,500,098
Data update history
July 14, 2024
Received grants
Identified 2 new grant, including a grant for $103,500 from The Bank of America Charitable Foundation
February 3, 2024
Received grants
Identified 4 new grant, including a grant for $1,200,000 from Skoll Foundation
November 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 26, 2023
Used new vendors
Identified 5 new vendors, including , , , , and
October 25, 2023
Received grants
Identified 11 new grant, including a grant for $2,635,453 from The Blackrock Charitable Foundation
Nonprofit Types
Grantmaking organizationsBusiness and community development organizationsResearch centersCharities
Issues
Science and technologyCommunity improvementEconomic development
Characteristics
Conducts researchLobbyingTax deductible donationsAccepts online donations
General information
Address
30 N Lasalle St 2040
Chicago, IL 60602
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
finhealthnetwork.org/ 
Phone
(312) 881-5856
Facebook page
CFSINNOVATION 
Twitter profile
@cfsinnovation 
IRS details
EIN
20-3006098
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2005
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
5416: Professional, Scientific, and Technical Services
Parent/child status
Independent
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