NonprofitsVillage Capital Corporation

Community Improvement & Capacity Building

Village Capital Corporation

CLEVELAND, OH

Total revenue

$1.5M

Total expenses

$1.2M

Net assets

$8.2M

Grants received

$1.6M

18 grants

EIN

341704488

Tax year

2023

Mission

Investing in the revitalization of northeast ohio's underserved communities.

Financials

FY 2023

Revenue

Contributions & grants$375K
Program service revenue$639K
Investment income$490K
Other revenue
Total revenue$1.5M

Expenses

Grants paid$27K
Salaries & benefits$527K
Fundraising$12K
Other expenses$605K
Total expenses$1.2M
Total assets$23.6M
Net assets$8.2M

People

15 listed

NameRoleCompensation

DAVID EDDY

CHAIRMAN

Board

1 hrs/wk

TANIA MENESSE

VICE CHAIRMAN

Board

3 hrs/wk

JOHN HAIRSTON III

TREASURER

Board

1 hrs/wk

SEAN APICELLA

DIRECTOR

Board

1 hrs/wk

TERRY COYNE

DIRECTOR

Board

1 hrs/wk

KEISHA GONZALEZ

DIRECTOR

Board

1 hrs/wk

YVETTE ITTU

DIRECTOR

Board

1 hrs/wk

KAYLEIGH MUSIL

DIRECTOR

Board

1 hrs/wk

KYLE KOLESAR

DIRECTOR

Board

1 hrs/wk

PETER SNAVELY JR

DIRECTOR

Board

1 hrs/wk

ADAM STADLER

DIRECTOR

Board

1 hrs/wk

MORTON D STANFIELD

DIRECTOR

Board

1 hrs/wk

KANDIS WILLIAMS

DIRECTOR

Board

1 hrs/wk

DIONE ALEXANDER

PRESIDENT

Board

40 hrs/wk

MELODIE SANDERS

CFO

Board

4 hrs/wk

Grants received

Showing 18 of 18

FromAmountPurposeYear
$300K
UNRESTRICTED/ GENERAL USE
2023
$25K
COMMUNITY DEVELOPMENT
2023
$200K
UNRESTRICTED/ GENERAL USE
2022
$25K
FOR GENERAL SUPPORT OF ITS MISSION
2022
$25K
COMMUNITY DEVELOPMENT
2022
$125K
Chain Reaction Grant recipient
2021
$25K
COMMUNITY DEVELOPMENT
2021
$125K
Black Innovation Alliance
2020
$125K
Development of platform for connecting impact investors with entreprenuers (milestone)
2020
$100K
GENERAL PURPOSES
2020
$100K
Development of platform for connecting impact investors with entreprenuers
2020
$94K
General Operating Support
2020
$25K
Development of platform for connecting impact investors with entreprenuers
2020
$25K
COMMUNITY DEVELOPMENT
2020
$25K
COMMUNITY DEVELOPMENT
2019
$150K
PROJECT SUPPORT
2018
$45K
OPERATING SUPPORT
2017

Funded by

$1.6M from 8 funders · 18 grants · 2017–2023

Posner Foundation Of Pittsburgh

$500K · 2 grants · 2022–2023

Sorenson Impact Foundation

$375K · 4 grants · 2020

Neighborhood Progress Inc

$264K · 3 grants · 2017–2021

The Cleveland Foundation

$150K · 1 grant · 2018

Dollar Bank Foundation

$125K · 5 grants · 2019–2023

The Ambrose Monell Foundation

$100K · 1 grant · 2020

The Rockefeller Foundation

$25K · 1 grant · 2022

Global Philanthropy Partnership

$14K · 1 grant · 2022

Details

EIN341704488
NTEE codeS200
Subsection03
Ruling date1993-09
Formed1992
Employees0
Volunteers12
VILLAGE CAPITAL CORPORATION — Mission, Financials & Grants Received | Grantivo