EIN 26-1269202

NCRC Community Development Fund (NCRC)

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2007
Most recent tax filings
2023-12-01
Description
NCRC and its grassroots member organizations create opportunities for people to build wealth. We work with community leaders, policymakers and financial institutions to champion fairness in banking, housing and business development.
Related structure
NCRC is a subordinate organization under National Community Reinvestment Coalition (NCRC).
Also known as...
National Community Reinvestment Coali- Tion Community Development Fundinc; National Community Reinvestment Coalition
Total revenues
$164,674,107
2023
Total expenses
$164,081,061
2023
Total assets
$67,297,534
2023
Num. employees
0
2023

Program areas at NCRC

The american rescue plan grant program made funds available for recovery grants to businesses in the arts, restaurants, and hotel sectors that experienced financial hardship due to the covid-19 pandemic. The program provided grants to businesses in Illinois.
The affordable housing program provides funding to entities to rehabilitate, develop, and promote affordable housing and home ownership in low- and moderate-income census tracts for persons of low- and moderate-income.
The small business program provides funding to minority-owned, women-owned, and low-income owned businesses.

Grants made by NCRC

GranteeGrant descriptionAmount
Lombard Public Facilities CorporationIllinois Coronavirus Fiscal Recovery Funds$379,515
Art Institute of Chicago (AIC)Illinois Coronavirus Fiscal Recovery Funds$250,000
The University of Chicago (UChicago)Illinois Coronavirus Fiscal Recovery Funds$250,000
...and 106 more grants made totalling $14,499,515

Who funds NCRC Community Development Fund (NCRC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Truist FoundationGeneral Operating$10,000
Susan Zirkl Z L Memorial Charitable Foundation TrustSupport Children With Learning Disab$10,000

Personnel at NCRC

NameTitleCompensation
Jesse Van TolPresident and Chief Executive Officer$0
Andrew NachisonChief Communications and Marketing Officer
Catherine "Katy" CrosbyChief of Community Engagement and Institutional Accountability
Bruce C. Mitchell, PhDPrincipal Researcher
Alan PykeDirector of Communications and Managing Editor
...and 11 more key personnel

Financials for NCRC

RevenuesFYE 12/2023
Total grants, contributions, etc.$161,969,918
Program services$2,471,808
Investment income and dividends$230,157
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$2,224
Total revenues$164,674,107

Form 990s for NCRC

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-04-02990View PDF
2018-122020-01-21990View PDF
...and 7 more Form 990s
Data update history
November 7, 2024
Updated personnel
Identified 6 new personnel
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 9, 2024
Updated personnel
Identified 1 new personnel
January 1, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from Susan Zirkl Z L Memorial Charitable Foundation Trust
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsTrade associationsBusiness and community development organizationsChapter / child organizationsCharities
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
Provides grantsNational levelReceives government fundingTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
740 15th St
Washington, DC 20005
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
ncrc.org 
Phone
(202) 628-8866
Facebook page
TheNCRC 
Twitter profile
@ncrc 
IRS details
EIN
26-1269202
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
813910: Trade Associations
Parent/child status
Subordinate organization
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