NonprofitsThree Roots Capital

Community Improvement & Capacity Building

Three Roots Capital

KNOXVILLE, TN

Total revenue

$6.8M

Total expenses

$3.9M

Net assets

$9.5M

Grants received

EIN

621624472

Tax year

2024

Mission

Access to capital and business coaching that create successful outcomes for clients and partners.

Programs

2 programs

Business coaching - three roots capital provides business coaching to client companies and community partners through technical assistance, mentorship, coaching, and other engagement activities.

Expenses: $568K

Capital services - three roots capital provides professional services to impact-focused and community development focused private equity and venture capital funds. This activiity includes administration, business development, compliance, due diligence, portfolio management, and reporting.

Expenses: $22K

Financials

FY 2024

Revenue

Contributions & grants$148K
Program service revenue$6.7M
Investment income$508
Other revenue
Total revenue$6.8M

Expenses

Grants paid
Salaries & benefits$1.6M
Fundraising
Other expenses$2.4M
Total expenses$3.9M
Total assets$190.1M
Net assets$9.5M

People

7 listed

NameRoleCompensation

GRADY VANDERHOOFVEN

PRESIDENT & CEO

Board

$565K

40 hrs/wk

CHRIS MILLER

CHIEF FINANCIAL OFFICER

Board

$264K

40 hrs/wk

DAVID BRADSHAW

CHAIRMAN

Board

1 hrs/wk

MARIANNE WANAMAKER

DIRECTOR

Board

1 hrs/wk

L RAY MONCRIEF

DIRECTOR

Board

1 hrs/wk

FRED TOMPKINS

DIRECTOR

Board

1 hrs/wk

DENNIS CORLEY DIRECTOR OF SMALL

DIRECTOR, LENDING & INVESTING

Staff

$175K

40 hrs/wk

Details

EIN621624472
NTEE codeS30
Subsection03
Ruling date1996-11
Formed1995
Employees8
Volunteers4
THREE ROOTS CAPITAL — Mission, Financials & Grants Received | Grantivo