Community Improvement & Capacity Building
Rising Tide Capital Inc
JERSEY CITY, NJ
Total revenue
$5.5M
Total expenses
$7.6M
Net assets
$5.3M
Grants received
$18.7M
113 grants
EIN
113720098
Tax year
2024
Mission
Our mission is transforming lives and communities through entrepreneurship. We assist entrepreneurs in economically marginalized communities to build lasting businesses. Our vision is to build inclusive communities of resilient entrepreneurs catalyzing a thriving and sustainable economy for all. Through our signature programs, the community business academy (cba), business acceleration services (bas), and credit to capital (c2c), we provide holistic technical assistance, access to capital through partners and business management education and coaching. Cba is a college-accredited course providing basic skills needed to manage and strengthen a business. Classes are offered in english and spanish, tailored to meet varied identities and educational levels. As part of bas, our subject matter experts prepare entrepreneurs for growth. Our c2c program provides access to financing from vetted cdfis. With a network of partners, rtc licenses its proven model to scale impact in more communities
Financials
FY 2024
Revenue
Expenses
People
17 listed
ALFA DEMMELLASH
CHIEF EXECUTIVE OFFICER
$268K
40 hrs/wk
ALEX FORRESTER
CHIEF OPERATING OFFICER
$245K
40 hrs/wk
JOYNICOLE MARTINEZ
CHIEF ADVANCEMENT OFFICER
$228K
40 hrs/wk
PRESTON PINKETT
BOARD MEMBER
—
2 hrs/wk
MAURICE KUYKENDOLL
TREASURER
—
2 hrs/wk
KRISTEN SHARP
BOARD MEMBER
—
2 hrs/wk
AICHA BALLA
CHAIR
—
2 hrs/wk
JOE MASTERSON
VICE CHAIR & SECRETARY OF THE BOARD
—
2 hrs/wk
ANAND DEVENDRAN
FINANCE AND AUDIT COMMITTEE CHAIRMAN
—
2 hrs/wk
ANDRE DUGGIN
BOARD MEMBER
—
2 hrs/wk
ANGELO STRACQUATANIO
BOARD MEMBER
—
2 hrs/wk
JEFFREY ROBINSON
BOARD MEMBER
—
2 hrs/wk
KIRAN HANDA GUADIOSO
BOARD MEMBER
—
2 hrs/wk
KRIS VAN NEST
EXECUTIVE PRODUCER OF DIGITAL LEARNI
$150K
40 hrs/wk
LOUISA COUSINS
SENIOR DIRECTOR OF ANALYTICS & INFOR
$147K
40 hrs/wk
SAMIRA COOK
MANAGING DIRECTOR OF STRATEGIC PARTNERSHIPS
$140K
40 hrs/wk
CHRIS BREITENBERG
DIRECTOR - NPP
$132K
40 hrs/wk
Independent contractors
YOH
CONSULTING SERVICES FOR SALES FORCE
POC COLLABORATIVE COMMUNITY RESOURCE CEN
STAND TOGETHER PASS THROUGH GRANT TO POC
CONSILIENCE LLC
FUTURE TIDE PARTNERS ONSULTING
LIRIA PARTNERS LLC
TRAINING & CONTENT DEVELOPMENT WITH NATI
PEACOCK PRINTING & GRAPHICS LLC
PRINTING & PUBLICATIONS
Grants received
Showing 113 of 113
Funded by
$18.7M from 43 funders · 113 grants · 2018–2024
$2.9M · 8 grants · 2018–2024
$2.5M · 5 grants · 2020–2024
$2.1M · 2 grants · 2020–2022
$1.9M · 7 grants · 2018–2024
$1.8M · 1 grant · 2020
$1.4M · 5 grants · 2019–2023
$850K · 3 grants · 2021–2023
$750K · 3 grants · 2021–2023