Capital Impact Partners

Organization Overview

Capital Impact Partners is located in Arlington, VA. The organization was established in 1985. According to its NTEE Classification (W60) the organization is classified as: Financial Institutions, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Capital Impact Partners employed 125 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Capital Impact Partners is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Capital Impact Partners generated $55.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $40.6m during the year ending 12/2021. While expenses have increased by 4.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Capital Impact Partners has awarded 172 individual grants totaling $16,032,671. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THROUGH CAPITAL AND COMMITMENT, CAPITAL IMPACT PARTNERS HELPS PEOPLE BUILD COMMUNITIES OF OPPORTUNITY THAT BREAK BARRIERS TO SUCCESS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AFFORDABLE HOUSING:CAPITAL IMPACT PARTNERS BRIDGES THE GAP BETWEEN POLICY AND DEVELOPMENT TO IMPROVE THE LIVES OF LOW-INCOME INDIVIDUALS. CAPITAL IMPACT PARTNERS' EFFORTS IN AFFORDABLE HOUSING FOCUS PRIMARILY ON SUPPORTING MULTIFAMILY DEVELOPMENTS IN MARKETS WHERE AFFORDABLE HOUSING HAS BEEN IDENTIFIED AS A NEED. IN 2021, CAPITAL IMPACT PARTNERS DISBURSED APPROXIMATELY $59.5 MILLION TO AID IN THE RENOVATION OR NEW CONSTRUCTION OF 15 HOUSING COMPLEXES, CREATING 675 UNITS OF HOUSING, APPROXIMATELY NINTEY-ONE PERCENT OF WHICH WERE AFFORDABLE.


HEALTHCARE:CAPITAL IMPACT PARTNERS HAS CREATED INNOVATIVE SOLUTIONS TO SUCCESSFULLY PRESERVE AFFORDABLE HEALTH CARE FOR LOW INCOME COMMUNITIES ACROSS THE COUNTRY. DEDICATED TO DELIVERING VALUE-ADDED SERVICE AND EASE OF PROCESS, WE LEVERAGE OVER 30 YEARS OF EXPERIENCE IN THE MARKET TO CUSTOMIZE APPROPRIATELY STRUCTURED FINANCING FOR OUR BORROWERS. CAPITAL IMPACT PARTNERS UNDERSTANDS THE IMPORTANCE OF ACCESS TO MENTAL HEALTH SERVICES IN ADDITION TO TRADTIONAL HEALTH CARE; THE COMMUNITY CLINICS AND HEALTH CENTERS THAT WE FINANCE FOCUS ON SUBSTANCE ABUSE AND REHABILITATION/BEHAVORIAL CARE IN ADDITION TO PRIMARY CARE AND OTHER PHYSICAL HEALTH SERVICES. WE ALSO PROVIDE FINANCING FOR ADULT DAY HEALTH CARE FACILITIES AND ASSISTED LIVING/CONTINUING CARE FACILITIES. IN 2021, CAPITAL IMPACT PARTNERS DISBURSED APPROXIMATELY $25.5 MILLION TO 11 HEALTH FACILITIES THAT SERVE NEARLY 210,000 PATIENTS ANNUALLY. SEVENTY-SEVEN PERCENT OF PATIENTS SERVED AT THESE FACILITIES ARE LOW INCOME.


EDUCATION:CAPITAL IMPACT PARTNERS HAS BEEN A CHARTER SCHOOL LENDER FOR OVER 20 YEARS AND HAS BECOME A VALUABLE FINANCING SOURCE FOR OUR NATION'S CHARTER SCHOOLS. TO ENSURE THAT LOW COST CAPITAL IS AVAILABLE NATIONWIDE, CAPITAL IMPACT PARTNERS OFFERS (1) CONSTRUCTION AND RENOVATION LOANS, (2) REAL ESTATE ACQUISITION AND TERM LOANS, EQUIPMENT LOANS, AND (3) REVOLVING LINES OF CREDIT. CAPITAL IMPACT PARTNERS CONNECTS ITS BORROWERS TO INSTITUTIONAL INVESTORS TOIMPROVE THE AMOUNT AND TYPE OF FINANCING AVAILABLE. IN 2021, DISBURSEMENTS TOTALED $12.8 MILLION TO 4 CHARTER SCHOOLS THAT SERVE NEARLY 3,000 STUDENTS ANNUALLY, 76% OF WHOM QUALIFY FOR FREE OR REDUCED PRICE LUNCHES. CAPITAL IMPACT PARTNERS DEVELOPED OR RENOVATED 147,000 SQUARE FEET OF EDUCATIONAL SPACE.


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Board, Officers & Key Employees

Name (title)Compensation
Ellis Carr
President & CEO
$725,300
Natalie Gunn
Chief Financial/administra
$461,411
Diane Borradaile
Chief Lending Officer
$337,515
Kim Dorsett
Chief Human Resource Offic
$292,399
Brian Mcevoy
General Counsel
$274,183
Jaret Dinard Ings
Senior Director Of Finance
$254,768

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Pillsbury Winthrop Shaw
Legal Service Fee
$780,057
Next Street Financial Llc
Business Advisory Service
$479,200
Heidrick & Struggles Inc
Human Resources Recruitment And Placemen
$350,000
Cohnreznick Llp
Audit And Tax Services
$387,556
Spencer Stuart
Consulting Fees
$312,500
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $4,985,288
All other contributions, gifts, grants, and similar amounts not included above$25,500,514
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$30,485,802
Total Program Service Revenue$23,437,416
Investment income $1,091,910
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $587,442
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $55,782,044

Grants Awarded

Over the last fiscal year, Capital Impact Partners has awarded $3,221,901 in support to 19 organizations.

Grant RecipientAmount

CITY FIRST ENTERPRISES INC

Org PageRecipient Profile

Washington, DC

PURPOSE: OPEN FOR BUSINESS FUND AND ENTREPRENEURS OF COLOR

$723,500

WASHINGTON AREA COMMUNITY INVESTMENT FUND INC

Org PageRecipient Profile

Washington, DC

PURPOSE: OPEN FOR BUSINESS FUND / DC COOP GRANT / ENTREPRENEURS OF COLOR SUBGRANT

$670,000

LATINO ECONOMIC DEVELOPMENT WASHINGTON ENTERPRISE

Org PageRecipient Profile

Washington, DC

PURPOSE: LATINO ECONOMIC DEVE-WASINGTON, D.C. REGION EO-EOCF-FY22-01

$500,000

COALITION FOR NONPROFIT HOUSING AND ECONOMIC DEVELOPMENT

Org PageRecipient Profile

Washington, DC

PURPOSE: COALITION FOR NONPRO-EOCF2.0 SUBGRANT-2021-2024

$250,000

CDC SMALL BUSINESS BNTERPRISE

Org PageRecipient Profile

San Diego, CA

PURPOSE: OPEN FOR BUSINESS FUNDING

$231,455

MARKET SEVEN LLC

PURPOSE: ACCRUE MARKET SEVEN, LLC LEASE RESERVE PYMT

$150,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 15 grants that Capital Impact Partners has recieved totaling $6,768,334.

Awarding OrganizationAmount
F B Heron Foundation

New Milford, CT

PURPOSE: ENTERPRISE CAPITAL

$2,000,000
F B Heron Foundation

New Milford, CT

PURPOSE: ENTERPRISE CAPITAL

$1,500,000
Jp Morgan Chase Foundation

New York, NY

PURPOSE: IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION

$1,250,000
Jp Morgan Chase Foundation

New York, NY

PURPOSE: IN SUPPORT OF NEIGHBORHOOD REVITALIZATION

$500,000
Ford Foundation

New York, NY

PURPOSE: CORE SUPPORT FOR MIXED-INCOME NEIGHBORHOOD STABILIZATION AND GENERATIONAL WEALTH-BUILDING FOR COMMUNITIES OF COLOR IN DETROIT

$250,000
Jp Morgan Chase Foundation

New York, NY

PURPOSE: IN SUPPORT OF NEIGHBORHOOD REVITALIZATION

$200,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$33,568,035
Earnings$30,639
Net Contributions$28,485,802
Other Expense$14,110,281
Ending Balance$47,974,195

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