NonprofitsCapitalplus Exchange Corporation

Community Improvement & Capacity Building

Capitalplus Exchange Corporation

SKOKIE, IL

Total revenue

$1.9M

Total expenses

$2.4M

Net assets

$290K

Grants received

$13.8M

5 grants

EIN

300199985

Tax year

2024

Mission

Capitalplus exchange corporation ("capplus or "the organization") is registered as a nonprofit corporation within the meaning of section 501(c)(3) of the internal revenue service code of 1986, as amended. The organization operates exclusively for charitable and educational purposes, to make capacity-building services available at substantially below cost to financial institutions in developing and transitional markets that serve small businesses, micro-enterprises, and underserved communities, to promote economic development, poverty reduction and otherwise benefit low-income persons.

Programs

1 program

Partnerships: capplus works closely with organizations that share its mission to serve small businesses, micro-enterprises, underserved communities and businesses that provide a social good in developing and transitional markets. Capplus' partners include foundations, research institutions, education initiatives, ngos, and investment funds among others. These partnerships allow capplus to explore new frontiers in sme, social finance and leverage joined capabilities to achieve more powerful impact where our missions intersect.

Expenses: $382K

Financials

FY 2024

Revenue

Contributions & grants$79K
Program service revenue$1.8M
Investment income$9K
Other revenue
Total revenue$1.9M

Expenses

Grants paid
Salaries & benefits$985K
Fundraising$8K
Other expenses$1.4M
Total expenses$2.4M
Total assets$6.5M
Net assets$290K

People

12 listed

NameRoleCompensation

LYNN PIKHOLZ

PRESIDENT & CEO

Board

$223K

40 hrs/wk

RULA DABABNEH

TREASURER & COO

Board

$177K

40 hrs/wk

LYNN RAILSBACK

SECRETARY & VICE PRESIDENT

Board

$133K

40 hrs/wk

RICHARD OBUOBI

PROGRAM DIRECTOR

Board

$64K

40 hrs/wk

JENNIFER HOFFMANN

DIRECTOR (THRU 12/24)

Board

1 hrs/wk

ISHMAEL MKHABELA

DIRECTOR

Board

1 hrs/wk

KARIM AHAMED

CHAIRPERSON & DIRECTOR

Board

2.5 hrs/wk

VIMBAI TSOPOTSA

DIRECTOR

Board

1 hrs/wk

NTHENYA MULE

DIRECTOR

Board

1 hrs/wk

ERIC FRIEDENWALD-FISHMAN

CHAIRPERSON & DIRECTOR

Board

2.5 hrs/wk

CYRILLE ARNOULD

DIRECTOR

Board

1 hrs/wk

NICHOLAS BURNETT

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$7M
FINANCIAL INCLUSION
2024
$1.7M
Financial Inclusion
2023
$3.4M
FINANCIAL INCLUSION
2022
$1.7M
FINANCIAL INCLUSION
2021
$30K
SUPPORT THE "EMBEDDING IMPACT MEASUREMENT IN FINANCIAL SERVICES" PROPOSAL
2018

Funded by

$13.8M from 2 funders · 5 grants · 2018–2024

Mastercard Foundation

$13.7M · 4 grants · 2021–2024

The Aspen Institute Inc

$30K · 1 grant · 2018

Details

EIN300199985
NTEE codeS31
Subsection03
Ruling date2004-02
Formed2003
Employees4
Volunteers7
CAPITALPLUS EXCHANGE CORPORATION — Mission, Financials & Grants Received | Grantivo