NonprofitsGreenwood Archer Capital Inc

Community Improvement & Capacity Building

Greenwood Archer Capital Inc

CHICAGO, IL

Total revenue

$1.7M

Total expenses

$1.7M

Net assets

$9.2M

Grants received

$2.2M

13 grants

EIN

461076726

Tax year

2023

Mission

Greenwood archer capital deploys funds to micro and small businesses throughout the chicagoland area and greater cook county illinois.

Programs

1 program

The perc program provides recently incarcerated citizens with in-depth training, personal coaching, mentoring and access to lending capital up to $50,000 to start or expand a business.

Expenses: $49K

Financials

FY 2023

Revenue

Contributions & grants$1.2M
Program service revenue$38K
Investment income$425K
Other revenue$4K
Total revenue$1.7M

Expenses

Grants paid$110K
Salaries & benefits$916K
Fundraising$213K
Other expenses$721K
Total expenses$1.7M
Total assets$9.9M
Net assets$9.2M

People

16 listed

NameRoleCompensation

DAVID DOIG

PRESIDENT

Board

2 hrs/wk

NICOLE JACKSON

CHAIR - BEG. 2023

Board

1 hrs/wk

DANIEL WATTS

DIRECTOR - BEG. 2023

Board

1 hrs/wk

TONI THOMPSON

DIRECTOR - BEG. 2023

Board

1 hrs/wk

ARNOLD PUGH

DIRECTOR - BEG. 2023

Board

1 hrs/wk

EVA BROWN

DIRECTOR - THRU DEC. 2023

Board

1 hrs/wk

LOUIS V LEONARDI III

DIRECTOR - THRU DEC. 2023

Board

1 hrs/wk

KIMBERLIE JACKSON

DIRECTOR - THRU DEC. 2023

Board

1 hrs/wk

DIAHANN SINCLAIR

DIRECTOR - THRU DEC. 2023

Board

1 hrs/wk

LARRY REED

DIRECTOR - THRU DEC. 2023

Board

1 hrs/wk

AMIEL HARPER

DIRECTOR - THRU DEC. 2023

Board

1 hrs/wk

AMARA ENIYA

DIRECTOR - THRU DEC. 2023

Board

1 hrs/wk

JENNIFER BRANSFIELD

GENERAL COUNSEL, CNI/ASST. SECRETARY

Board

2 hrs/wk

ANNETTE WASHINGTON

VICE PRESIDENT OF FINANCE, CNI

Board

2 hrs/wk

TERRENCE JOHNSON

EXECUTIVE DIRECTOR - BEG. JAN. 2024

Board

38 hrs/wk

ERICA MCPHERSON

FORMER EXECUTIVE DIRECTOR

Staff

0

Grants received

Showing 13 of 13

FromAmountPurposeYear
$100K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2024
$125K
OFN CDFI TECH GRANT PROGRAM SUPPORTED BY GOOGLE.ORG
2022
$50K
Strong Communities
2022
$15K
SMALL BUSINESS ASSISTANCE GRANTS
2022
$8K
COMMUNITY AND NEIGHBORHOOD IMPROVEMENT PROGRAM SUPPORT
2022
$225K
To support the growth of the EMPOWER program. In support of it's EMPOWER planning phase.
2021
$225K
To support the growth of the EMPOWER program. In support of it's EMPOWER planning phase.
2021
$770K
TO SUPPORT EMPOWER PILOT, CNIMFG'S COVID-RELATED LOAN CAPITAL DISTRIBUTION, TECHNOLOGY, STAFF, OTHER STRATEGIES FOR INCREASING CAPACITY TO TRACK DATA, AND DELIVER INNOVATIVE PRODUCTS
2020
$100K
COVID-19 GRANT
2020
$50K
COVID-19 GRANT
2020
$500K
INTRODUCES A FINANCIAL PRODUCT WITH A HYBRID LOAN STRUCTURE THAT PROVIDES FUNDS FOR CAPITAL EXPENDITURES AS WELL AS A SHORT-TERM FLEXIBLE CAPITAL TO ENSURE MAINTENANCE OF INVENTORY AND CASH ON HAND TO MEET CURRENT OBLIGATIONS AND PROPEL GROWTH.
2018

Funded by

$2.2M from 7 funders · 13 grants · 2018–2024

The Chicago Community Trust

$1.7M · 4 grants · 2018–2021

Opportunity Finance Network

$275K · 3 grants · 2020–2022

Jpmorgan Chase Foundation

$100K · 1 grant · 2024

Fifth Third Chicagoland Foundation

$50K · 2 grants · 2021

Polk Bros Foundation Inc

$50K · 1 grant · 2022

Greater Green Bay Community

$8K · 1 grant · 2022

Details

EIN461076726
NTEE codeS20
Subsection03
Ruling date2014-12
Formed2012
Employees0
Volunteers5
GREENWOOD ARCHER CAPITAL INC — Mission, Financials & Grants Received | Grantivo