EIN 23-2920364

Pennsylvania Cdfi Network

IRS 501(c) type
501(c)(3)
Num. employees
4
Year formed
1997
Most recent tax filings
2024-06-01
Description
Pennsylvania CDFI Network: Philadelphia-based community improvement and capacity building organization, led by Leslie Benoliel, with $13.2M total revenues last year.
Also known as...
Pennsylvania Microenterprise Coalition
Total revenues
$18,368,769
2024
Total expenses
$17,800,737
2024
Total assets
$4,170,892
2024
Num. employees
4
2024

Program areas at Pennsylvania Cdfi Network

The pa Cdfi Network collaborates on regional and statewide initiatives to support small businesses. It has the capacity to engage with large-scale funders, allowing for the deployment of more resources to a wider range of business owners than any one Cdfi can serve. In 2020-2021, the Network obtained 249 million from cares act resources to manage state and county-based programs and delivered the keep your doors open program. As a result, 14,500 small businesses received recovery grants and 57% of the funds went to businesses owned by people of color. (continued on schedule o)

Grants made by Pennsylvania Cdfi Network

GranteeGrant descriptionAmount
Bridgeway Capital250,000 Technical A$408,175
Women's Opportunities Resource CenterTechnical Assistance$331,000
Entrepreneur Works FundTechnical Assistance$331,000
...and 21 more grants made totalling $6,006,175

Who funds Pennsylvania Cdfi Network

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Bank of America Charitable FoundationProgram/operating Support$125,000
The Bank of America Charitable FoundationProgram/operating Support$125,000
Fulton Forward FoundationEconomic Empowerment$50,000

Financials for Pennsylvania Cdfi Network

RevenuesFYE 06/2024
Total grants, contributions, etc.$18,205,141
Program services$0
Investment income and dividends$163,628
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$18,368,769
Data update history
April 1, 2025
Used new vendors
Identified 1 new vendor, including
August 13, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 10, 2024
Updated personnel
Identified 1 new personnel
July 24, 2024
Updated personnel
Identified 2 new personnel
July 18, 2024
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Grantmaking organizationsPublic sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Provides grantsState / local levelReceives government fundingManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
50 S 16th St 17th Floor
Philadelphia, PA 19102
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Philadelphia County, PA
Website URL
pacdfinetwork.org/ 
IRS details
EIN
23-2920364
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1997
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
Free account sign-up

Want updates when Pennsylvania Cdfi Network has new information, or want to find more organizations like Pennsylvania Cdfi Network?

Create free Cause IQ account