EIN 39-1815578

Forward Community Investments

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1994
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Forward Community Investments supports Wisconsin-based mission-driven organizations with loans, grants and expertise to reduce social disparities.
Total revenues
$5,155,108
2022
Total expenses
$2,939,270
2022
Total assets
$29,924,868
2022
Num. employees
0
2022

Program areas at Forward Community Investments

Community lending services - fci's lending services incorporate activities essential to providing loans to fci's clients. Those services include developing and maintaining client, lender and investor relations; processing loan requests; underwriting; loan servicing; technical assistance and consulting for clients; and raising and servicing Investments.
Community development services - fci's Community development services incorporate activities essential to providing technical assistance. Those activities include workshops, webinars, consultative services and financial advice that build upon each other to expand the internal capacity of fci's borrowers.
Community Investments - activities include planning, implementation and oversight of the annual grants process; oversight of annual distributions from donor advised funds; developing and maintaining grantee and stakeholder relationships; and processing and servicing grant requests. This also includes programs funded by larger grants that have a pass-through grant aspect to them.

Grants made by Forward Community Investments

GranteeGrant descriptionAmount
One City SchoolsOwn It! Fiscal Sponsorship$285,177
Center for Community StewardshipHealth Equity Grant$25,000
Nia Imani FamilyHealth Equity Grant$25,000
...and 18 more grants made totalling $785,177

Who funds Forward Community Investments

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Joseph and Vera Zilber Charitable FoundationHispanic Collaborative Emerg Dev Fund$525,000
Otto Bremer Trust (OBT)CBFC Emergency Fund$500,000
Joseph and Vera Zilber Charitable FoundationGeneral Operations$50,000

Personnel at Forward Community Investments

NameTitleCompensation
Ryan ZerwerPresident and Chief Executive Officer$205,432
Tracy HubbardChief Operating Officer and Chief Financial Officer$99,799
Rebecca BainsDirector of Finance and Compliance$129,147
Robert BeachDirector of Capital Strategy$127,516
Jaimes JohnsonChair$0
...and 10 more key personnel

Financials for Forward Community Investments

RevenuesFYE 12/2022
Total grants, contributions, etc.$2,620,381
Program services$2,414,597
Investment income and dividends$120,130
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$5,155,108

Form 990s for Forward Community Investments

Fiscal year endingDate received by IRSFormPDF link
2022-122023-08-17990View PDF
2021-122022-07-14990View PDF
2020-122021-08-10990View PDF
2019-122020-09-16990View PDF
2018-122019-06-19990View PDF
...and 9 more Form 990s

Organizations like Forward Community Investments

OrganizationLocationRevenue
Access To Capital for EntrepreneursCleveland, GA$13,820,713
Common CapitalSpringfield, MA$1,556,130
Entrepreneur FundDuluth, MN$13,045,758
Craft3Astoria, OR$19,219,259
Coastal Enterprises (CEI)Brunswick, ME$13,614,519
Bridgeway CapitalPittsburgh, PA$11,446,748
Grow South Dakota / Northeast South Dakota Economic CorporationSisseton, SD$2,763,514
Neighborhood Finance Corporation (NFC)Des Moines, IA$6,795,518
Johnstown Area Regional IndustriesJohnstown, PA$1,565,309
TruFund Financial servicesNew York, NY$16,024,804
Data update history
October 14, 2023
Updated personnel
Identified 1 new personnel
October 11, 2023
Updated personnel
Identified 1 new personnel
October 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 27, 2023
Received grants
Identified 1 new grant, including a grant for $500,000 from Otto Bremer Trust (OBT)
August 20, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Business and community development organizationsCommunity Development Financial InstitutionsCharities
Issues
Business and industry
Characteristics
Operates donor advised fundsLobbyingReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donationsNo full-time employees
General information
Address
2045 Atwood Ave 101a
Madison, WI 53704
Metro area
Madison, WI
Website URL
forwardci.org/ 
Phone
(866) 687-1468
IRS details
EIN
39-1815578
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1994
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S40: Business and Industry
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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