NonprofitsDreamspring

Community Improvement

Dreamspring

ALBUQUERQUE, NM

Total revenue

$14.5M

Total expenses

$14.3M

Net assets

$25.0M

Grants received

$11.1M

75 grants

EIN

850417347

Tax year

2024

Mission

Dreamspring is a nonprofit community development financial institution (cdfi) and u.s. Small business administration (sba) lender dedicated to accelerating the economic inclusion and strength of underserved communities. Founded in 1994, the organization provides rapid access to capital and customized wrap-around support to the most vulnerable small business owners in 27 states, focusing on undercapitalized communities including low-income earners, rural communities, startups, people with disabilities, and others."

Financials

FY 2024

Revenue

Contributions & grants$5.0M
Program service revenue$6.3M
Investment income$3.1M
Other revenue$117K
Total revenue$14.5M

Expenses

Grants paid
Salaries & benefits$5.5M
Fundraising$834K
Other expenses$8.8M
Total expenses$14.3M
Total assets$69.2M
Net assets$25.0M

People

18 listed

NameRoleCompensation

ANNE HAINES

PRESIDENT & CEO

Board

$282K

40 hrs/wk

SUZETTE M LONGFELLOW

CHIEF FINANCIAL OFFICER

Board

$217K

40 hrs/wk

MARISA BARRERA

CHIEF IMPACT OFFICER

Board

$188K

40 hrs/wk

MARGARET SMITH

CHIEF LENDING & CLIENT EXP OFFICER

Board

$173K

40 hrs/wk

FRANCISCO LOPEZ

CHIEF OPERATIONS & INNOVATION OFFICER

Board

$114K

40 hrs/wk

KIM PEONE

DIRECTOR

Board

2 hrs/wk

ANTHONY SHARETT

BAORD CHAIR

Board

2 hrs/wk

MANNY ALVAREZ

DIRECTOR

Board

2 hrs/wk

IRV ASHFORD JR

SECRETARY

Board

2 hrs/wk

ALICE RODRIGUEZ

VICE CHAIR

Board

2 hrs/wk

VIRGINIA BAYLESS

TREASURER

Board

2 hrs/wk

EDMOND JOHNSON

IMMMEDIATE PAST CHAIR

Board

2 hrs/wk

BETTY ARKELL

DIRECTOR

Board

2 hrs/wk

YASHODA NAIDOO

DIRECTOR

Board

2 hrs/wk

JERRIE MERRITT

DIRECTOR

Board

2 hrs/wk

AMBER MARIE KANI

HEAD OF STAKEHOLDER ENGAGEMENT

Staff

$165K

40 hrs/wk

ANALISA SMITH

SR. DIRECTOR OF FINANCE

Staff

$135K

40 hrs/wk

DARCIE DEFOE

DIRECTOR OF MARKETING

Staff

$134K

40 hrs/wk

Grants received

Showing 75 of 75

FromAmountPurposeYear
$250K
ECONOMIC OPPORTUNITY - NATIONAL
2024
$250K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2024
$230K
TECHNOLOGY & EQUIPMENT
2024
$100K
SUPPORT POSITIVE ECONOMIC AND SOCIAL CHANGE FOR ENTREPRENEURS.
2024
$75K
ECONOMIC DEVELOPMENT
2024
$30K
General operating support
2024
$20K
GENERAL SUPPORT
2024
$10K
Inclusive Capital and Education in New York
2024
$5K
INCREASE ACCESS TO CREDIT
2024
$4.3M
SUPPORT FOR THE CAPITALIZATION AND ADMINISTRATION OF A FUND THAT INCREASES ACCESS TO CAPITAL FOR ECONOMICALLY DISADVANTAGED ENTREPRENEURS IN DISTRESSED AREAS OF THE KANSAS CITY METRO. 202209-13068
2023
$256K
GENERAL SUPPORT
2023
$50K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2023
$45K
ECONOMIC DEVELOPMENT
2023
$25K
WORKFORCE DEVELOPMENT SUPPORT
2023
$20K
GENERAL SUPPORT
2023
$20K
PROGRAM/OPERATING SUPPORT
2023
$15K
PROGRAM/OPERATING SUPPORT
2023
$15K
COLORADO PROGRAMMING
2023
$10K
DreamSpring's Advancing Equity Through Small Business Support Program
2023
$6K
small business loans, financial education, and small business ecosystem building program support in metro New York
2023
$5K
Economic Development - Advancing Equity & Economic Opportunity Through Small Business Support in Doa Ana & El Paso Counties.
2023
$5K
SUPPORT FOR ENTREPRENEURS
2023
$728K
GENERAL SUPPORT
2022
$500K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2022
$500K
STRENGTHEN COMMUNITY HEALTH
2022
$100K
Support of general operations
2022
$100K
CHARITABLE DONATION
2022
$75K
PROGRAM/OPERATING SUPPORT
2022
$50K
PROGRAM/OPERATING SUPPORT
2022
$42K
General Operating Support
2022
$20K
DreamSpring's Advancing Equity Through Small Business Support Program
2022
$15K
ECONOMIC DEVELOPMENT
2022
$15K
PROGRAM/OPERATING SUPPORT
2022
$10K
GENERAL OPERATING SUPPORT
2022
$10K
PUBLIC CHARITY
2022
$10K
ECONOMIC DEVELOPMENT
2022
$5K
SUPPORT FOR ENTREPRENEURS
2022
$3K
GENERAL USE
2022
$3K
DONOR ADVISED DISTRIBUTION
2022
$284K
GENERAL SUPPORT
2021
$200K
FINANCE JUSTICE FUND SUBGRANT
2021
$15K
GENERAL OPERATIONS
2021
$10K
ECONOMIC DEVELOPMENT
2021
$5K
GENERAL OPERATING SUPPORT
2021
$677K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2020
$220K
GENERAL OPERATING SUPPORT
2020
$92K
STRENGTHEN COMMUNITY HEALTH
2020
$75K
Toward issuing loans to expand economic opportunity for minority entrepreneurs in the DFW Metroplex
2020
$50K
Project Support
2020
$50K
Project Support
2020
$40K
SMALL BUSINESS / ECONOMIC DEVELOPMENT
2020
$35K
COVID19 SMALL BUSINESS RELIEF & RECOVERY PROGRAM
2020
$15K
PROGRAM SUPPORT
2020
$10K
EMERGENCY RESPONSE
2020
$10K
PROVIDES FUNDING AND SUPPORT FOR ENTREPRENEURS
2020
$10K
San Juan County, New Mexico DIVISION
2020
$3K
REVITALIZE COMMUNITIES BY FUNDING BUSINESS DREAMS
2020
$55K
For grant recipient's exempt purposes
2019
$25K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2019
$15K
program-specific
2019
$10K
DIRECT SERVICE GRANT FROM A DONOR ADVISED FUND
2019
$9K
GENERAL PURPOSE
2019
$8K
EMERGENCY RESPONSE
2019
$500K
MICRO-LENDING ACTIVITIES
2018

Funded by

$11.1M from 40 funders · 75 grants · 2018–2024

Ewing Marion Kauffman Foundation

$4.3M · 1 grant · 2023

Jpmorgan Chase Foundation

$1.4M · 3 grants · 2020–2024

Great Rivers Community Trust

$1.3M · 3 grants · 2021–2023

The Bank of America Charitable Foundation Inc

$775K · 12 grants · 2020–2023

The Colorado Health Foundation

$592K · 2 grants · 2020–2022

Accion Opportunity Fund Inc

$500K · 1 grant · 2018

Target Foundation

$250K · 1 grant · 2024

Fidelity Foundation

$230K · 1 grant · 2024

Details

EIN850417347
NTEE codeS43B
Subsection03
Ruling date1995-08
Formed1994
Employees50
Volunteers15
DREAMSPRING — Mission, Financials & Grants Received | Grantivo