NonprofitsMichigan Cdfi Coalition

Community Improvement & Capacity Building

Michigan Cdfi Coalition

LANSING, MI

Total revenue

$136K

Total expenses

$96K

Net assets

$90K

Grants received

$125K

3 grants

EIN

933840960

Tax year

2024

Mission

Through community engagement, education, and outreach, the Michigan CDFI Coalition seeks to promote the social welfare of and increase the financing opportunities for low-income, disadvantaged, and marginalized communities throughout Michigan.

Financials

FY 2024

Revenue

Contributions & grants$100K
Program service revenue
Investment income$1K
Other revenue
Total revenue$136K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$5K
Total expenses$96K
Total assets$115K
Net assets$90K

People

16 listed

NameRoleCompensation

ELISSA SANGALLI

CHAIR

Board

1 hrs/wk

ERIC HANNA

VICE CHAIR

Board

1 hrs/wk

JENNIFER HAYES

TREASURER

Board

1 hrs/wk

CHRISTI COADY NARAYANAN

SECRETARY

Board

1 hrs/wk

ERIK K FOSTER

DIRECTOR

Board

1 hrs/wk

CAROLYN CASSIN

DIRECTOR

Board

1 hrs/wk

ZACH ORMSBY

DIRECTOR

Board

1 hrs/wk

JOANNA DUEWEKE-PEREZ

DIRECTOR

Board

1 hrs/wk

MILINDA YSASI

DIRECTOR

Board

1 hrs/wk

LAURA GALBRAITH

DIRECTOR

Board

1 hrs/wk

JT MACKEY

DIRECTOR

Board

1 hrs/wk

SEAN WINTERS

DIRECTOR

Board

1 hrs/wk

SHANNA SHANANAQUET

DIRECTOR

Board

1 hrs/wk

RAY WATERS

DIRECTOR

Board

1 hrs/wk

KIERAN MARION

DIRECTOR

Board

1 hrs/wk

BELINDA TURNER-DUBOIS

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 3 of 3

FromAmountPurposeYear
$50K
To support an organization whose mission is to increase access to the banking sector for low- and moderate-income individuals and communities in Michigan, allowing them to receive loans, open bank accounts and establish a credit history.
2024
$25K
PASSTHRU GRANT FROM THE KRESGE FOUNDATION FOR MI CDFI COALITION
2024
$50K
Jobs and Family Economic Security
2023

Funded by

$125K from 3 funders · 3 grants · 2023–2024

Charles Stewart Mott Foundation

$50K · 1 grant · 2024

WK Kellogg Foundation

$50K · 1 grant · 2023

Invest Detroit Foundation

$25K · 1 grant · 2024

Details

EIN933840960
NTEE codeS31
Subsection03
Ruling date2024-02
MICHIGAN CDFI COALITION — Mission, Financials & Grants Received | Grantivo