Community Improvement & Capacity Building
Capital Area Asset Building Corporation
WASHINGTON, DC
Total revenue
$2.2M
Total expenses
$3.4M
Net assets
$1.1M
Grants received
$6.4M
43 grants
EIN
522002672
Tax year
2024
Mission
Empower low to moderate-income individuals in the washington metro region to achieve prosperity.
Programs
2 programs
Financial education - caab provides credit counseling sessions, and sponsors seminars and workshops on a wide range of financial topics such as: setting financial goals, developing and managing a spending plan, choosing financial products and services, understanding credit, managing debt, saving for college, understanding the basics of investing, and saving for retirement. Caab requires that ida enrollees complete the money management 101 curriculum before matriculating into the matched savings program. Caab believes this will increase savings participation and rentention rates, as well as better inform savers on the usage of their assets.
Eitc - the dc earned income tax credit (eitc) campaign recruits and trains hundreds of volunteers to prepare tax returns, provide savings and financial education information, and educate low-wage workers during the tax season. Many low-income families receive free tax filing assistance at dc campaign tax sites, enabling them to access tax refunds resulting from tax credits for lower income workers.
Financials
FY 2024
Revenue
Expenses
People
13 listed
JOSEPH LEITMANN-SANTA CRUZ
EXECUTIVE DIRECTOR THROUGH JUNE 2024
$132K
40 hrs/wk
KATHRYN STEPHENS
INTERIM EXECUTIVE DIRECTOR FROM JULY 2024
$93K
40 hrs/wk
WILLIAM SPINNELL
TREASURER
—
4 hrs/wk
GABRIEL LAZARUS
DIRECTOR
—
1 hrs/wk
SHEIDA ELMI
DIRECTOR
—
1 hrs/wk
MICHELLE LEVISTER
DIRECTOR
—
1 hrs/wk
SHAE HARRIS
DIRECTOR
—
1 hrs/wk
PAUL HARRIS JR
DIRECTOR
—
1 hrs/wk
RYAN PALMER
DIRECTOR
—
1 hrs/wk
WAYNE CHOPUS
DIRECTOR
—
1 hrs/wk
JOSEPH VAUGHAN
PRESIDENT
—
4 hrs/wk
GAIL REISMAN
SECRETARY
—
4 hrs/wk
NICOLE JONES
DIRECTOR OF MATCH SAVINGS
$109K
40 hrs/wk
Independent contractors
JACKSON LEWIS PC
LEGAL SERVICES
KAH CONSULTING LLC
CONSULTING
Grants received
Showing 43 of 43
Funded by
$6.4M from 21 funders · 43 grants · 2017–2024
$3.1M · 8 grants · 2017–2023
$1.1M · 2 grants · 2022–2023
$605K · 2 grants · 2020–2022
$526K · 4 grants · 2021–2023
$400K · 1 grant · 2024
$127K · 4 grants · 2020
$95K · 3 grants · 2017–2020
$90K · 2 grants · 2020–2023