Cause IQ organization profile

Craft3

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Craft3 is a urban development organization based in Astoria, OR that was founded in 1994. As of 2019 they had $16 million in revenue and $141 million in assets.

To strengthen economic, ecological and family resilience in Pacific Northwest communities. We do this by providing loans to entrepreneurs, nonprofits, individuals and others who don't normally have access to financing.

Previous legal names or variations of their name include: Shorebank Enterprise Group Pacific; and Enterprise Cascadia.

EIN:
91-1662698
City:
Astoria
State:
Phone:
888-231-2170
Facebook:
Twitter:
Founded:
1994
Type:
501(c)(3)
NTEE:
Revenue:
$16,553,228
Assets:
$141,856,362
Employees:
75
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at Craft3

Providing business support, marketing assistance and high risk non-bank credit to businesses and individuals in Washington and Oregon; improving the physical and economic environments through reduction of waste, energy and chemical usage through mission based lending.

Craft3's clean water loan program provides financing to repair or replace existing septic systems for property owners in targeted areas.

Craft3 provides expert guidance in strategic planning, organizational development, economic development, and real estate development. The services are designed to assist businesses, non-profit organizations and local governments in accomplishing their goals.

Form 990s for Craft3

Fiscal year endingDate received by IRSFormPDF link
2018-12Nov 8, 2019990View PDF
2017-12Nov 15, 2018990View PDF
2016-12Aug 17, 2017990View PDF
2015-12Nov 1, 2016990View PDF
2014-12Aug 4, 2015990View PDF
...and four more Form 990 PDFs

Financials for Craft3

Field2018
Total grants, contributions, etc.$5,423,242
Program services$10,287,922
Investment income and dividends$221,778
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$620,286
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$16,553,228

Vendors for Craft3

VendorServicesAmount paidDate
Moss Adams LLPTax accounting; Audit accounting2020-05-13
██████ █████ ██ █████████ ██ ███Legal Services$118,6172018-12-01
████████ █ ███ ███ ███ ████████████Construction$247,5852018-12-01
██████ █████ ███Agriculture$156,0002018-12-01
██████ ███████Grant Writing$20,0002017-12-01
██ █████████ ███████Grant Writing$20,0002017-12-01
████████ ████████ ███ █████Tax accounting2014-10-28

Personnel at Craft3

NameTitleCompensationMost recent data
Adam ZimmermanPresident and Chief Executive Officer$236,330July 31, 2019
Sonya Lynn, EvpChief Operating Officer-July 31, 2019
████ █████████Chief Financial Officer$136,035Nov. 8, 2019
████ ████Vice President Communications and External Affairs-July 31, 2019
██████ █████Senior Vice President Development Director-July 31, 2019
██████████ █████████Vice President Business Lender-July 31, 2019
███████ ██████ ██████Senior Vice President Commercial Lending Director-July 31, 2019
██████ ██████Vice President Business Lender-July 31, 2019
██████ █████Vice President Commercial Portfolio Manager-July 31, 2019
████ ██████Vice President Senior Business-July 31, 2019
...and 32 more key personnel

Peer urban development organizations

 NameTypeRevenueLocation
1Hope Enterprise Corporation501(c)(3)$16 millionJackson, MS
2Massachusetts Housing Investment Corporation (MHIC)501(c)(3)$11 millionBoston, MA
3Bridgeway Capital501(c)(3)$10 millionPittsburgh, PA
4Access To Capital for Entrepreneurs501(c)(3)$4.6 millionCleveland, GA
5Enterprise Minnesota501(c)(3)$5.2 millionMinneapolis, MN
6Community Loan Fund of New Jersey501(c)(3)$13 millionNew Brunswick, NJ
7Genesis LA501(c)(3)$6.9 millionLos Angeles, CA
8Capital CDC501(c)(3)$5.7 millionAustin, TX
9Grameen America501(c)(3)$23 millionNew York, NY
10Grow America Fund501(c)(3)$5.2 millionNew York, NY
11Renaissance Community Loan Fund501(c)(3)$4.7 millionGulfport, MS
12Accion East501(c)(3)$7.1 millionNew York, NY
13Virginia Community Capital501(c)(3)$8.0 millionChristiansburg, VA
14Pathway Lending501(c)(3)$14 millionNashville, TN
15Ben Franklin Technology PTRS of Se Pa501(c)(3)$15 millionPhiladelphia, PA
16Neighborhood Development Center501(c)(3)$5.8 millionSaint Paul, MN
17Leviticus 2523 Alternative Fund501(c)(3)$4.7 millionTarrytown, NY
18First Nations Oweesta Corporation501(c)(3)$8.3 millionLongmont, CO
19TruFund Financial services501(c)(3)$5.0 millionNew York, NY
20Womens Economic Ventures501(c)(3)$5.2 millionSanta Barbara, CA
21Carolina Small Business Development Fund501(c)(3)$8.9 millionRaleigh, NC
22Main Street Launch501(c)(3)$7.4 millionOakland, CA
23Finanta501(c)(3)$4.1 millionPhiladelphia, PA
24Montana Community Development Corporation501(c)(3)$9.6 millionMissoula, MT
25Coastal Enterprises (CEI)501(c)(3)$9.4 millionBrunswick, ME