Nonprofits›Community Finance Inc
Public & Societal Benefit
Community Finance Inc
MALDEN, MA
Total revenue
$330K
Total expenses
$224K
Net assets
$106K
Grants received
$255K
4 grants
EIN
822380625
Tax year
2024
Mission
The organizations mission is to recognize and capitalize economic mutual aid in financially excluded low income communities where everyone has access to high quality and low interest wealth building products
Financials
FY 2024
Revenue
Contributions & grants$330K
Program service revenue—
Investment income$768
Other revenue—
Total revenue$330K
Expenses
Grants paid—
Salaries & benefits$150K
Fundraising—
Other expenses$74K
Total expenses$224K
Total assets$106K
Net assets$106K
People
3 listed
NameRoleCompensation
Ashley Sherwin
CFO
Board
$113K
40 hrs/wk
David Henderson
CEO
Board
—
40 hrs/wk
Diego May
Board
—
1 hrs/wk
Grants received
Showing 4 of 4
FromAmountPurposeYear
$100K
To help by hiring staff and setting up Partnerships to fuel growth. Giving Credit is a platform to facilitate peer lending with the broader mission to advance the field of community finance.
2024
Funded by
$255K from 4 funders · 4 grants · 2023–2024
Fii - National
$100K · 1 grant · 2024
Lampert Family Foundation
$100K · 1 grant · 2024
Camelback Ventures
$40K · 1 grant · 2024
Voa Futures Fund Inc
$15K · 1 grant · 2023
Details
EIN822380625
NTEE codeW99
Subsection03
Ruling date2025-04
Formed2024
Employees0