Amcref Community Fund Inc
- Assets
- $985.3k
- Revenue
- $4.5k
- Investments
- $0.0
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 05/2012
- Data as of
- 12/2021
- EIN
- 45-2817138
Organization Overview
Amcref Community Fund Inc is located in New Orleans, LA. The organization was established in 2012. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Amcref Community Fund Inc 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, Amcref Community Fund Inc generated $4.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (47.0%) each year. All expenses for the organization totaled $28.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julius Kimbrough Board Of Directors | 2 | $0 | |
Knox Clark President | 2 | $0 | |
Kristina Stone Board Of Directors | 2 | $0 | |
A Kelton Longwell Board Of Directors | 2 | $0 | |
Sarah Oliver Board Of Directors | 2 | $0 | |
Chris Dufour Board Of Directors | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,479 |
| Total Revenue | $4,479 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,879 |
| Total operating and administrative expenses | $28,629 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $28,629 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $910,486 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $1,887 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $72,918 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $985,291 |
| Accounts payable and accrued expenses | $2,175 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,175 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Centro Public Improvement District San Antonio, TX | $1,647,971 | $6,189,889 |
Maple Avenue Economic Development Corporation Of Dallas Dallas, TX | $11,933,705 | $3,299,961 |
White River Planning & Development Dist Inc Batesville, AR | $13,868,468 | $4,307,468 |
Covenant Community Capital Corporation Houston, TX | $9,362,906 | $2,210,165 |
Divinc Austin, TX | $1,242,173 | $2,296,391 |
The Pyramid Community Development Corporation Houston, TX | $3,288,918 | -$1,072,522 |
Technology & Entrepreneurship Center Of Houston Inc Houston, TX | $3,649,151 | $380,691 |
Regional Community Finance Inc New Orleans, LA | $27,779,646 | $1,353,772 |
Jackson County Economic Development Foundation Inc Pascagoula, MS | $3,810,649 | $1,167,595 |
Austin Revitalization Authority Austin, TX | $2,910,002 | $1,225,921 |
North Delta Regional Planning And Development District Inc Monroe, LA | $2,329,154 | $1,514,261 |
Humanitas Inc New Orleans, LA | $3,658,729 | $739,665 |