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EIN 86-1017490

Groundswell Capital

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Tucson
State
Arizona
Year formed
2001
Most recent tax filings
2023-06-01
NTEE code, primary
L20: Housing Development, Construction, Management
Description
Groundswell Capital is a nonprofit lender in Tucson, AZ that focuses on creating innovative, blended capital solutions to tackle community challenges and invest in a clean economy where all residents can prosper. They offer relationship-based lending through Avanza to provide small businesses with access to capital. Additionally, they have established the Essential Workers Housing Fund which offers downpayment assistance grants for essential workers struggling due to the pandemic.
Also known as...
Dark Mountain Development Corporation
Total revenues
$1,003,528
2023
Total expenses
$583,739
2023
Total assets
$986,986
2023
Num. employees
0
2023

Program areas at Groundswell Capital

Essential workers housing fund: downpayment assistance grant for essential workers impacted by the pandemic
Avanza: relationship-based lending for small businesses. Providing access to Capital to underserved small business owners.

Personnel at Groundswell Capital

NameTitleCompensation
Andrea ThompsonChief Executive Officer$0
Dre ThompsonPresident

Financials for Groundswell Capital

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,000,000
Program services$3,528
Investment income and dividends$0
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$1,003,528

Form 990s for Groundswell Capital

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF

Organizations like Groundswell Capital

OrganizationLocationRevenue
Community Housing FundBeaverton, OR$445,211
Housing Trust Fund Ventura CountyCamarillo, CA$4,127,413
Opportunity Resource FundLansing, MI$3,996,660
Tenfold Community LendingLancaster, PA$629,161
Prairie Development CorporationStratton, CO$3,272,612
Love Thy Neighbor Community Development and Opportunity CorporationPurcellville, VA$340,020
Northtown Housing Finance CorporationRancho Cucamonga, CA$726,826
Affiliate Mortgage ServicesLansing, MI$1,635,265
The Christian Community Development FundPort Saint Joe, FL$341,562
Edgewater Housing Finance CorporationEdgewater, NJ$418,047
Data update history
July 10, 2024
Used new vendors
Identified 1 new vendor, including
January 2, 2023
Posted financials
Added Form 990N for fiscal year 2022
January 2, 2023
Updated personnel
Identified 1 new personnel
December 1, 2021
Posted financials
Added Form 990N for fiscal year 2021
April 29, 2021
Posted financials
Added Form 990N for fiscal year 2020
Nonprofit Types
Housing and shelter organizationsCharities
Issues
Human servicesHousing
Characteristics
State / local levelReceives government fundingTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
376 S Stone Ave
Tucson, AZ 85701
Metro area
Tucson, AZ
County
Pima County, AZ
Website URL
groundswellcapital.org/ 
Phone
(520) 222-7217
IRS details
EIN
86-1017490
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2001
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L20: Housing Development, Construction, Management
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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