Program areas at Inclusiv
Inclusiv capital provides capital to member cdcus through uninsured subordinated debt loans and insured non-member deposits.
Inclusiv/black communities, including the resilience fund. Inclusiv/black communities is a program for small and faith-based credit unions serving predominantly african american communities. The resilience fund is a grant fund to support credit unions serving communities of color disproportionately affected by the coronavirus pandemic. Through the resilience fund, Inclusiv distributes grant support to minority depository institutions (mdis) under $100 million in assets.
Cdcu mortgage center llc is a wholly owned subsidiary established to purchase affordable mortgages from member credit unions, enabling them to recycle their capital, manage their balance sheets, and make new loans.
Who funds Inclusiv
Grants from foundations and other nonprofits
Personnel at Inclusiv
| Name | Title | Compensation | Date of data |
|---|
| Caroline Willard | Chief Executive Officer | | 2022-04-27 |
| Cathie Mahon | President and Chief Executive Officer | $200,725 | 2023-10-20 |
| Hank Hubbard | Board Member | $0 | 2023-10-20 |
| Juan Fernandez | President and Chief Executive Officer , Credit Union | | 2023-07-30 |
| Kathy Chartier | Board Member | $0 | 2023-10-20 |
| ...and 41 more key personnel |
Financials for Inclusiv
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $7,875,779 | $8,247,387 | -4.5% |
| Program services | $4,970,616 | $3,427,652 | 45% |
| Investment income and dividends | $1,348 | $25 | 5292% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $12,847,743 | $11,675,064 | 10% |
Organizations like Inclusiv
| Organization | Type | Location | Revenue |
|---|
| The Council of State Governments (CSG) | 501(c)(3) | Lexington, KY | $46,682,188 |
| Indiana Primary Health Care Association | 501(c)(3) | Indianapolis, IN | $3,828,591 |
| SouthernCarolina Alliance (SCA) | 501(c)(3) | Barnwell, SC | $3,975,419 |
| National Association for Latino Community Asset Builders | 501(c)(3) | San Antonio, TX | $9,962,609 |
| Association of Maternal and Child Health Programs | 501(c)(3) | Washington, DC | $7,070,386 |
| The Transportation Management Association | 501(c)(3) | Franklin, TN | $4,139,900 |
| North Carolina Independent Colleges and Universities | 501(c)(3) | Raleigh, NC | $4,017,915 |
| National Governors Association (NGA) | 501(c)(3) | Washington, DC | $14,545,573 |
| Georgia School Boards Association | 501(c)(3) | Lawrenceville, GA | $9,719,328 |
| Sedona Airport Administration | 501(c)(3) | Sedona, AZ | $3,748,804 |
Data update history
February 3, 2024
Received grants
Identified 10 new grant, including a grant for $1,750,000 from Citi Foundation December 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 20, 2023
Updated personnel
Identified 2 new personnel
August 19, 2023
Received grants
Identified 8 new grant, including a grant for $500,000 from Prudential Foundation Nonprofit Types
Public sector nonprofitsTrade associationsBusiness and community development organizationsCommunity Development Financial InstitutionsCharities
Issues
Community improvementAfrican AmericansPublic policyBusiness and industry
Characteristics
MembershipsReceives government fundingManagement and technical assistanceTax deductible donations
General information
- Address
- 39 Broadway Suite 2140
- New York, NY 10006
- Metro area
- New York-Newark-Jersey City, NY-NJ-PA
- County
- New York County, NY
- Website URL
- inclusiv.org/Â
- Phone
- (212) 809-1850
- Twitter profile
- @cdcu_federationÂ
IRS details
- EIN
- 11-2421972
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1974
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- W02: Public and Societal Benefit Management and Technical Assistance
- NAICS code, primary
- 813910: Trade Associations
- Parent/child status
- Independent
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