Public Charity

FORWARD COMMUNITY INVESTMENTS INC

FORWARD COMMUNITY INVESTMENTS INC, of MADISON, WI, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $3.7M in revenue, $3.0M in expenses, $34.8M in total assets. 6 publicly reported grants to this organization, totaling roughly $343K, appear in IRS filings.

EIN: 391815578 MADISON, WI Business & Industry NTEE: S40 Latest filing: 2024
Total Revenue$3.7M
Total Expenses$3.0M
Total Assets$34.8M
Grant Records6
Funding Total$343K
Filing Years2020–2024

Mission

WE INVEST IN PEOPLE, PROJECTS, AND ORGANIZATIONS THAT CREATE LASTING IMPACT, ADDRESSING COMMUNITY NEEDS IN INNOVATIVE AND EFFECTIVE WAYS. BY LEVERAGING A NETWORK OF PARTNERSHIPS AND CREATIVE FINANCING, WE ENSURE INDIVIDUALS AND NEIGHBORHOODS ACROSS WISCONSIN HAVE ACCESS TO THE RESOURCES THEY NEED TO PROSPER.

Where $100 goes at Forward Community Investments Inc

How Forward Community Investments Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$72 Programs the work itself
$25 Management running the organization
$3 Fundraising raising the next dollar

Inside the $72 for programs

$71
Community lending services
98% of program spending · Reported in the filing: 2,659 units of affordable; 721,000 individuals; 6,870 jobs
$1
Community investments
2% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2020
EMERGENCY GRANT SUPPORT FOR NONPROFITS
$100,000
2020
For grant recipient's exempt purposes
$43,400
2020
PUBLIC, SOCIETAL BENEFIT
$15,000
2019
PUBLIC AND SOCIETAL BENEFIT PROGRAM SUPPORT
$86,000
2017
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
$54,000

Showing up to 5 of 6 total records — full history available with membership.

Officers & Directors

DIRECTOR Chris Laurent
DIRECTOR OF LENDING Evan Reed
SENIOR COMMUNITY LENDER Fausto Rivera
DIRECTOR Fern Orie
CO-CHAIR Jasmine Mercado
VICE-CHAIR Jeff Mack Jr

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$298,400 5 grants
Research & Policy
$45,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $3.7M $3.0M $34.8M
2023 $3.4M $2.7M $33.1M
2022 $5.2M $2.9M $29.9M
2021 $3.7M $2.1M $29.4M
2020 $2.4M $2.2M $27.2M

Between 2020 and 2024, reported annual revenue grew from $2.4M to $3.7M (+55%), with total assets most recently reported at $34.8M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for FORWARD COMMUNITY INVESTMENTS INC

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