NonprofitsImpact Capital

Public & Societal Benefit

Impact Capital

SEATTLE, WA

Total revenue

$1.4M

Total expenses

$1.8M

Net assets

$5.0M

Grants received

$5K

1 grants

EIN

943196958

Tax year

2024

Mission

Impact capital is a community development financial institution that makes strategic loans to organizations, tribal entities, and housing authorities to spur community development including affordable housing, art and cultural centers, community facilities, and vibrant commercial districts. Our work transforms distressed communities and neighborhoods into healthy ones - good places to live, work, do business, and raise families.

Financials

FY 2024

Revenue

Contributions & grants$48K
Program service revenue$1.3M
Investment income$37K
Other revenue
Total revenue$1.4M

Expenses

Grants paid
Salaries & benefits$536K
Fundraising$64K
Other expenses$1.2M
Total expenses$1.8M
Total assets$19.4M
Net assets$5.0M

People

13 listed

NameRoleCompensation

JOEL MILLAR

EXECUTIVE DIRECTOR

Board

$171K

40 hrs/wk

LORA BOURELLE

COO/CFO

Board

$139K

40 hrs/wk

KERRI STONEMAN

VP OF LENDING

Board

$106K

40 hrs/wk

BRYAN KETCHAM

CHAIR (THROUGH JULY 2024)

Board

1 hrs/wk

KIM ETHERTON

BOARD MEMBER THEN CHAIR

Board

1 hrs/wk

DAVID FOREMAN

BOARD MEMBER THEN VICE CHAIR

Board

1 hrs/wk

SUSAN DUREN

SECRETARY/TREASURER

Board

1 hrs/wk

AMANDA DESHAZO

BOARD MEMBER

Board

1 hrs/wk

LOWEL KRUEGER

BOARD MEMBER

Board

1 hrs/wk

ADITYA KURELLA

BOARD MEMBER

Board

1 hrs/wk

DOUG PRINCE

BOARD MEMBER

Board

1 hrs/wk

KEVIN RUF

BOARD MEMBER

Board

1 hrs/wk

STEVE WALKER

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$5K
AFFORDABLE HOUSING
2022

Funded by

$5K from 1 funder · 1 grant · 2022

Washington Federal Foundation

$5K · 1 grant · 2022

Details

EIN943196958
NTEE codeW60
Subsection03
Ruling date1994-08
Formed1993
Employees5
Volunteers10
IMPACT CAPITAL — Mission, Financials & Grants Received | Grantivo