NonprofitsCommunity Impact Fund

Public Foundations

Community Impact Fund

GREENWOOD VLG, CO

Total revenue

$2.4M

Total expenses

$1.4M

Net assets

$3.0M

Grants received

$1.4M

18 grants

EIN

824577516

Tax year

2024

Mission

To help organizations meet the financial needs of people in their community by providing the education and technology to create sustainable and scalable community impact.

Programs

1 program

Financial Education: CIF's Financial Education Membership provides financial education through monthly newsletters, quarterly webinars, a member resource portal, and access to financial coaching. CIF has both organizational members and natural (individual) members who must self-enroll, pay dues, and hold voting rights. Other individual members receive complimentary memberships if they are engaged in our Community Assistance Impact Loan Program. In addition, credit union (CU) association members have the unique authority to enroll members on CIF's behalf through a membership pathway tied specifically to the association member credit union's field of membership. CU association members pay annual dues to CIF based on their asset size at the time dues are assessed. This allows them to offer complimentary memberships to the individuals and organizations they enroll on CIF's behalf. Association Members each hold one vote as members of CIF.

Expenses: $53K

Financials

FY 2024

Revenue

Contributions & grants$1.7M
Program service revenue$694K
Investment income$13K
Other revenue
Total revenue$2.4M

Expenses

Grants paid$242K
Salaries & benefits$314K
Fundraising$18K
Other expenses$862K
Total expenses$1.4M
Total assets$3.0M
Net assets$3.0M

People

7 listed

NameRoleCompensation

Michael Scheid

Executive Director

Board

$121K

40 hrs/wk

Merry Pateuk

Vice Chair

Board

1 hrs/wk

Will Goodale

Secretary

Board

1 hrs/wk

Matt King

President

Board

1 hrs/wk

Brandon Melton

Board Member

Board

1 hrs/wk

Judah Musick

Board Member

Board

1 hrs/wk

Tad Jones

Treasurer

Board

1 hrs/wk

Grants received

Showing 18 of 18

FromAmountPurposeYear
$119K
ASSIST IN FUNDING AN INTEREST-FREE LOAN PROGRAM TO FAMILIES IN FINANCIAL NEED.
2024
$69K
GENERAL ASISTANCE
2024
$40K
General operating support
2024
$40K
RESIDENT SUPPORT
2024
$10K
GIVING AND GENEROSITY
2024
$7K
DONATION
2024
$5K
Donation
2024
$30K
RESIDENT SUPPORT
2023
$25K
PROGRAM SUPPORT
2023
$500K
OPERATING SUPPORT
2022
$75K
CHAMPION HEALTH EQUITY
2022
$50K
PROGRAM SUPPORT
2022
$10K
UNRESTRICTED FOR GENERAL USE OF CHARITY
2021
$250K
UNRESTRICTED FOR GENERAL USE OF CHARITY
2020
$172K
GRANT IS FOR THE GENERAL SUPPORT OF CIF AND TO ASSIST CIF IN ESTABLISHING ITS BENEVOLENCE PROGRAM IN FURTHERANCE OF CIF'S CHARITABLE PURPOSES. THE GRANT DOES NOT ENTITLE RED ROCKS TO ANY GOODS OR SERVICES. THE GRANT WILL BE DESIGNATED TO FUNDING THE GENERAL OPERATING BUDGET OF CIF IN 2021 AS SPECIFIED IN THE 2021 CIF BUDGET.
2020
$10K
GENERAL SUPPORT
2018

Funded by

$1.4M from 14 funders · 18 grants · 2018–2024

National Council For Community

$500K · 1 grant · 2022

Schwan Family Foundation

$260K · 2 grants · 2020–2021

Red Rocks Credit Union

$172K · 1 grant · 2020

Lighthouse Financial Foundation

$119K · 1 grant · 2024

The Colorado Health Foundation

$75K · 1 grant · 2022

Interra Cares Foundation Inc

$75K · 2 grants · 2022–2023

Goodfield Foundation Inc

$70K · 2 grants · 2023–2024

Rivermark Community Credit Union

$69K · 1 grant · 2024

Details

EIN824577516
NTEE codeT30
Subsection03
Ruling date2018-04
Formed2018
Employees6
Volunteers0
COMMUNITY IMPACT FUND — Mission, Financials & Grants Received | Grantivo